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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
Compare this foundation's grantees
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.