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Filing year 2024

DEGROOT FAMILY FOUNDATION

Watervliet, Michigan·EIN 06-1654753·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$904k
Total assets
$9M
Total expenses
$926k
Reported officers
4

Executive compensation

Form 990-PF · Part VIII · 4 reported individuals · Filing year 2024

Percentile bands compare each position's total pay with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan.

President/treasurer
Board President
Median to 75th percentile
$65k
$70k
Secretary
Board Secretary
75th to 90th percentile
$63k
$67k
Vice President/director of
Board President
Median to 75th percentile
$63k
$67k
Director
Unclassified
$27k
$29k

Teal figures restate each filed amount in 2026 dollars.

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Browse compensation in Philanthropy, Voluntarism & Grantmaking

Pay in context

Top pay as a share of expenses

In 2024, the highest total compensation at DEGROOT FAMILY FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

This organization (2024)
7%
Sector median
15%
Middle half of sector
5% to 24%

Based on 35,946 philanthropy, voluntarism & grantmaking organizations, each measured at its most recent filing year with reported expenses and compensation.

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$563k

Itemized grants

19

Median grant

$20k

RecipientLocationPurposeAmount
COVENANT HOUSE MICHIGANDETROIT, MISERVING HOMELESS YOUTH DETROIT AND GRAND RAPIDS CAMPUS'S$100k
CORNERSTONE ALLIANCEBENTON HARBOR, MICONTINUED ECONOMIC SUPPORT$75k
PREVENTION WORKS INCKALAMAZOO, MIPROJECT ENRICHMENT IN KALAMAZOO$75k
BOYS & GIRLS CLUB OF SOUTHWEST MICHIGANBENTON HARBOR, MIWORKFORCE DEVELOPMENT FRAMEWORK$50k
KC READY 4'SKALAMAZOO, MITUITION ASSISTANCE/SUPPORT$50k
AMERICAN RED CROSSKALAMAZOO, MIPURCHASE OF CARGO VAN FOR BLOOD DRIVE NEEDS$38k
KALAMAZOO COMMUNITY FOUNDATIONKALAMAZOO, MIDONOR ADVISED FUND$30k
YMCA OF GREATER MICHIANANILES, MICAPITAL CAMPAIGN$25k
UNITED WAY OF SOUTHWEST MICHIGANST JOSEPH, MIDOLLY PARTON'S IMAGINATION LIBRARY$25k
FEEDING AMERICA WEST MICHIGANGRAND RAPIDS, MILIFTGATE FOR SEMI'S-BERRIEN COUNTY$20k
SPCA SW MICHIGANKALAMAZOO, MIGENERAL$20k
BIRTH RIGHT OF ST JOSEPHST JOSEPH, MIGENERAL OPERATING SUPPORT AND INSTALL THREE WINDOWS$15k
GIRLS ON THE RUN SOUTHWEST MICHIGANST JOSEPH, MISCHOLARSHIPS FOR COLOMA-WATERVLIET TEAMS$14k
BERRIEN COMMUNITY FOUNDATIONST JOSEPH, MIBACKPACKS FOR GOOD$6k
BERRIEN COMMUNITY FOUNDATIONST JOSEPH, MIWOMEN'S GIVING CIRCLE$5k
GOOD FELLOW FUNDST JOSEPH, MILOCAL CHRISTMAS DRIVE FOR FAMILIES IN NEED$5k
HOPE RESOURCESCOLOMA, MIFOOD PANTRY$5k
PGA TOURNAMENT CORPORATIONPONTE VEDRA BEACH, FLSPONSORSHIP DESSERT & VOLUNTEER SNACKS SENIOR PGA$5k
BRIDGMAN FOUNDATION FOR EDUCATIONAL EXCELLENCEBRIDGMAN, MIEDUCATION$1k
Compare this foundation's grantees

Top compensation, year by year

From $16k in 2023 to $65k in 2024.

$16k
2023
$65k
2024
In today's dollarsEst.
Up 296% in real terms$18k to $70k

Estimated with BLS CPI-U for the Midwest region, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Pay for the position

Board President pay rose 306% from 2023 to 2024, while revenue fell 9%.

$16k in 2023 to $65k in 2024.
  • Board Secretary pay rose 291% from 2023 to 2024.

Pay for the position itself, not any one person. The officeholder may have changed between 2023 and 2024.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Among peers

Revenue and top compensation, plotted against similar organizations. This organization is highlighted in cyan.

FAQ

Common questions about DEGROOT FAMILY FOUNDATION

What does the Board President of DEGROOT FAMILY FOUNDATION earn?

In 2024, the Board President of DEGROOT FAMILY FOUNDATION received $65,000 in total compensation. This pay is above the median (the midpoint) for Board President roles among Philanthropy, Voluntarism & Grantmaking organizations in Michigan, within the top half of comparable filings. Based on IRS Form 990 data.

How does Board President pay at DEGROOT FAMILY FOUNDATION compare with similar nonprofits?

Compared with the same role at Philanthropy, Voluntarism & Grantmaking organizations in Michigan, the 2024 pay of the Board President at DEGROOT FAMILY FOUNDATION falls between the median and the 75th percentile. In 2024, the highest total compensation at DEGROOT FAMILY FOUNDATION equaled 7% of the organization's total expenses. The median for philanthropy, voluntarism & grantmaking organizations is 15%.

What are DEGROOT FAMILY FOUNDATION's revenue and expenses?

In 2024, DEGROOT FAMILY FOUNDATION reported $904k in total revenue and $926k in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.