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Filing year 2023

THE RICHARD AND HELEN DEVOS FOUNDATION

Grand Rapids, Michigan·EIN 45-6659303·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$3.5M
Total assets
$86k
Total expenses
$3.5M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2023. THE RICHARD AND HELEN DEVOS FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Foundation Manager

Grants paid

Itemized grants reported on this foundation's 2023 Form 990-PF, Part XV.

Total granted

$3.5M

Itemized grants

5

Median grant

$750k

RecipientLocationPurposeAmount
COREWELL HEALTH FOUNDATIONGRAND RAPIDS, MIPROJECT/PROGRAM - CARDIOVASCULAR RESEARCH PROGRAM OF THE FREDERIK MEIJER HEART & VASCULAR INSTITUTE$1.5M
GRAND RAPIDS SYMPHONY SOCIETYGRAND RAPIDS, MIGENERAL OPERATING$1.1M
COREWELL HEALTH FOUNDATIONGRAND RAPIDS, MIPROJECT/PROGRAM - HEART & LUNG TRANSPLANT PROGRAM$750k
MADISON SQUARE CHRISTIAN REFORMED CHURCHGRAND RAPIDS, MIPROJECT/PROGRAM - LIBERIAN VILLAGE$100k
CHRISTIAN REFORMED CHURCH IN NORTH AMERICAGRAND RAPIDS, MIGENERAL OPERATING$50k
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This is a private foundation. Peers are foundations of similar asset size (Under $1M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Michigan

THE RICHARD AND HELEN DEVOS 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 THE RICHARD AND HELEN DEVOS FOUNDATION

What are THE RICHARD AND HELEN DEVOS FOUNDATION's revenue and expenses?

In 2023, THE RICHARD AND HELEN DEVOS FOUNDATION reported $3.5M in total revenue and $3.5M in total expenses on its IRS Form 990.

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