Dick and Betsy Devos Family Foundation

GRAND RAPIDS, MI EIN: 38-2902412

Financial Overview

From 2024 IRS Form 990-PF

Total Assets

$47.6M

-9.0% YoY

Annual Giving

$7.1M

-2.5% YoY

Grant Count

91

-24.2% YoY

Avg Grant Size

$78K

+28.5% YoY

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Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$9M$14M$19M20202021202220232024
Metric202420232022
Total Assets$47,593,921$52,282,355$57,782,067
Revenue$2,958,602$2,541,157$16,972,901
Expenses$7,647,036$8,040,657$9,246,867
Qualifying Distributions$7,309,569$7,564,856$8,983,417
Net Investment Income$1,588,529$2,051,372$16,754,512
Distributable Amount$2,706,810$2,763,799$3,158,477

Giving Over Time

Total grant dollars and number of grants per year

$0$3M$6M$9M$12M153 grants2020139 grants2021133 grants2022120 grants202391 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

GRAND ACTION FOUNDATION 20$1.0MFISCAL SPONSORSHIP ALLIES$750KADA TOWNSHIP$500KFISCAL SPONSORSHIP ALLIES$500KGLOBAL LEADERSHIP NETWORK$300KAMERICAN ENTERPRISE INST…$250KPALMETTO PROMISE INSTITUTE$250KPUBLIC MUSEUM OF GRAND R…$250KTHEODORE ROOSEVELT PRESI…$250KWEST MICHIGAN AVIATION A…$247K

Grant Size Distribution

636 grants across all recorded years

426<$50K71$50–100K90$100–250K30$250–500K14$500K–1M5$1–5M$5M+

Giving History

Grant recipients and amounts by year

No grants recorded for .

Who else does Dick and Betsy Devos Family Foundation fund?

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Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD M DEVOS JRPRESIDENT/DIRECTOR1
ELISABETH PRINCE DEVOSDIRECTOR1
ROBERT H SCHIERBEEKVP/COO0.1
JEFFREY S BOWERMANVP OF TAX0.1
SUSAN E VALCQTREASURER/SECRETARY0.1
JASON ZYLSTRAFOUNDATION MANAGER4
PAMELA PARRIOTTFOUNDATION MANAGER8
RICHARD M DEVOS IIIDIRECTOR
ELISABETH D LOWERYDIRECTOR
ANDREA D ABRAHAMDIRECTOR
RYAN E DEVOSDIRECTOR

Geographic Focus

Where this funder has awarded grants

Grant Distribution by State

28states
+20 more states

Cities

AarlingtonAbileneAdaAlexandriaAllendaleAnn ArborArlingtonAtlantaAustinBaltimoreBarringtonBattle CreekBay HarborBirminghamBismarckBooneBoulderBox ArlingtonBozemanBradenton

Data last updated March 2026. Sourced from IRS Form 990-PF filings.

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