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EIN 38-2902412

Dick and Betsy Devos Family Foundation

IRS 501(c) type
501(c)(3)
Num. employees
Unknown
City
Grand Rapids
State
Michigan
Year formed
1990
Most recent tax filings
2022-12-01
NTEE code, primary
T20: Private Foundations
Description
The Dick and Betsy Devos Family Foundation is a private foundation that is located in Grand Rapids, MI. The foundation's grant focus is on More Information On The Foundation's Funding Pri Dbdvfoundation.org. The foundation is supported by Richard M. Devos JR. The foundation's total assets held are $54,263,579.
Total revenues
$16,972,901
2022
Total expenses
$9,246,867
2022
Total assets
$57,782,067
2022
Num. employees
n/a

Grants made by Dick and Betsy Devos Family Foundation

GranteeGrant descriptionAmount
Dr Howard Fuller Collegiate Academy (MCA)Capital Campaign$1,000,000
Student Freedom InitiativeProject/program - Education With A Purpose$500,000
American Enterprise InstituteGeneral Operating$250,000
...and 101 more grants made totalling $5,897,800

Personnel at Dick and Betsy Devos Family Foundation

NameTitleCompensation
Robert H SchierbeekVice President and Chief Operating Officer and Treasurer and Secretary$0
Jeffrey S BowermanVice President of Tax$0

Financials for Dick and Betsy Devos Family Foundation

RevenuesFYE 12/2022
Total grants, contributions, etc.$0
Investment income and dividends$199,326
Net rental income$0
Net gain from sale of non-inventory assets$497,916
Gross sales of inventory$0
Miscellaneous revenues$16,275,659
Total revenues$16,972,901

Form 990s for Dick and Betsy Devos Family Foundation

Fiscal year endingDate received by IRSFormPDF link
2022-122023-11-14990PFView PDF
2021-122022-11-14990PFView PDF
2020-122021-11-11990PFView PDF
2019-122021-04-09990PFView PDF
2018-122020-01-15990PFView PDF
...and 7 more Form 990s
Data update history
January 24, 2024
Posted financials
Added Form 990PF for fiscal year 2022
January 24, 2024
Updated personnel
Identified 4 new personnel
November 25, 2023
Posted financials
Added Form 990PF for fiscal year 2021
July 7, 2023
Updated personnel
Identified 7 new personnel
June 30, 2023
Posted financials
Added Form 990PF for fiscal year 2020
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
200 Monroe Ave NW
Grand Rapids, MI 49503
Metro area
Grand Rapids-Kentwood, MI
Website URL
dbdvfoundation.org/process/ 
Phone
(616) 643-4700
IRS details
EIN
38-2902412
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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