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Filing year 2024

DICK AND BETSY DEVOS FAMILY FOUNDATION

Grand Rapids, Michigan·EIN 38-2902412·NTEE T20 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)

* Sector derived from filing type (Form 990-PF), not IRS-assigned

Total revenue
$3M
Total assets
$47.6M
Total expenses
$7.6M
Reported officers
11

Reported officers (all unpaid)

No paid executives reported in 2024. DICK AND BETSY DEVOS FAMILY FOUNDATION reported 11 unpaid officers and board members on its 990-PF.

President/director
Treasurer/secretary
Director
Vp/coo
Foundation Manager
Foundation Manager
Director
Director
Director
Director
VP of Tax

Grants paid

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

Total granted

$7.1M

Itemized grants

91

Median grant

$20k

RecipientLocationPurposeAmount
GRAND ACTION FOUNDATION 20GRAND RAPIDS, MICAPITAL CAMPAIGN$1M
FISCAL SPONSORSHIP ALLIESDENVER, COPROJECT/PROGRAM - DEVOS INSTITUTE OF ARTS AND NONPROFIT MANAGEMENT FELLOWS PROGRAM$750k
ADA TOWNSHIPADA, MICAPITAL CAMPAIGN$500k
FISCAL SPONSORSHIP ALLIESDENVER, COPROJECT/PROGRAM - DVIANM CAPACITY BUILDING GRAND RAPIDS$500k
GLOBAL LEADERSHIP NETWORKBARRINGTON, ILGENERAL OPERATING$300k
AMERICAN ENTERPRISE INSTITUTEWASHINGTON, DCGENERAL OPERATING$250k
PALMETTO PROMISE INSTITUTECOLUMBIA, SCPROJECT/PROGRAM - STUDENT SPONSORSHIP$250k
PUBLIC MUSEUM OF GRAND RAPIDSGRAND RAPIDS, MICAPITAL CAMPAIGN$250k
THEODORE ROOSEVELT PRESIDENTIAL LIBRARY FOUNDATIONBISMARCK, NDCAPITAL CAMPAIGN$250k
WEST MICHIGAN AVIATION ACADEMY FOUNDATIONGRAND RAPIDS, MIGENERAL OPERATING$247k
GLOBAL LEADERSHIP NETWORKBARRINGTON, ILGENERAL OPERATING$200k
HURON WATERLOO PATHWAYS INITIATIVECHELSEA, MICAPITAL CAMPAIGN$200k
POTTER'S HOUSEWYOMING, MIGENERAL OPERATING$200k
MARS HILL BIBLE CHURCHGRANDVILLE, MIGENERAL OPERATING$162k
AMERICAN ENTERPRISE INSTITUTEWASHINGTON, DCPROJECT/PROGRAM - STRATEGIC VENTURE FUND$125k
MACKINAC CENTERMIDLAND, MIGENERAL OPERATING$125k
MACKINAC CENTERMIDLAND, MIPROJECT/PROGRAM - WORKFORCE EDUCATION$125k
ORLANDO SCIENCE CENTERORLANDO, FLCAPITAL CAMPAIGN$110k
ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTYGRAND RAPIDS, MIGENERAL OPERATING$100k
CITY OF KENTWOOD PARKS & RECREATIONKENTWOOD, MICAPITAL CAMPAIGN$100k
DO NO HARMGLEN ALLEN, VAGENERAL OPERATING$100k
UNIVERSITY OF MARYLANDCOLLEGE PARK, MDPROJECT/PROGRAM - DVIAM CAPACITY BUILDING HOLLAND AND MICHIGAN LAKESHORE$90k
ALPHA USACAROL STREAM, ILGENERAL OPERATING$75k
ODC NETWORKHOLLAND, MIPROJECT/PROGRAM - PROJECT CLARITY$75k
HOLLAND CHRISTIAN SCHOOLSHOLLAND, MIGENERAL OPERATING$50k
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Financial trend

Revenue and expenses over time

DICK AND BETSY DEVOS FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$2.5M
$8M
2023
$3M
$7.6M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

DICK AND BETSY DEVOS FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Michigan earns a median of $25,000.

25th percentile
$7k
Median
$25,000
75th percentile
$65k
90th percentile
$147k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 732 organizations across 732 filings (2021 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Michigan →
FAQ

Common questions about DICK AND BETSY DEVOS FAMILY FOUNDATION

What are DICK AND BETSY DEVOS FAMILY FOUNDATION's revenue and expenses?

In 2024, DICK AND BETSY DEVOS FAMILY FOUNDATION reported $3M in total revenue and $7.6M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($25M - $50M), because foundation pay scales with assets under management, not revenue.