Bill and Bea Idema Foundation
GRAND RAPIDS, MI EIN: 38-2653272
Financial Overview
From 2024 IRS Form 990-PF
Total Assets
$118.2M
-1.2% YoY
Annual Giving
$5.9M
+269.9% YoY
Grant Count
8
+33.3% YoY
Avg Grant Size
$741K
+177.4% YoY
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Financial History
Multi-year comparison from IRS filings
Revenue
Expenses
Qualifying Distributions
Net Investment Income
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $118,203,328 | $119,688,344 | $119,297,037 |
| Revenue | $5,225,585 | $3,067,377 | $107,283,948 |
| Expenses | $6,809,275 | $2,567,863 | $1,696,798 |
| Qualifying Distributions | $5,950,381 | $1,624,000 | $1,308,932 |
| Net Investment Income | $4,414,715 | $2,135,719 | $1,398,446 |
| Distributable Amount | $6,562,579 | $5,812,650 | $3,236,826 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 8 recipients in 2024
Grant Size Distribution
18 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Who else does Bill and Bea Idema Foundation fund?
Explore the funder–grantee relationships behind this foundation, powered by GrantGraph™ — our database of 11 million+ funding connections.
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Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JEFFREY B POWER | PRESIDENT/SECRETARY/TRUSTEE | 2 | $27,175 |
| P CRAIG WELCH JR | CHAIRPERSON/TRUSTEE | 1 | — |
| HEIDI B JARK | VICE PRESIDENT - GRANTS | 1 | — |
| KRISTINE NISPER | TREASURER | 1 | — |
| THOMAS WELCH | TRUSTEE | 1 | — |
Geographic Focus
Where this funder has awarded grants
Grant Distribution by State
Michigan $10.8M (100%)
States
Cities
Grand RapidsMidlandNewaygoWest Olive
Data last updated March 2026. Sourced from IRS Form 990-PF filings.
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