Bea Aldrink Idema Foundation

GRAND RAPIDS, MI EIN: 27-2534791

Bea Aldrink Idema Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.1M in total assets. In 2024, it awarded 16 grants totaling $1.0M. Net investment income was $681K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$21.1M

+2.9% YoY

Annual Giving

$1.0M

+549.4% YoY

Grant Count

16

+166.7% YoY

Avg Grant Size

$63K

+143.5% YoY

Under IRS private-foundation payout rules, Bea Aldrink Idema Foundation reported a distributable amount of $1.1M for 2024 — the minimum it must pay out in qualifying distributions.

About Bea Aldrink Idema Foundation

Based on IRS filings

Bea Aldrink Idema Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $21.1M in total assets. In 2024, it awarded 16 grants totaling $1.0M. Net investment income was $681K.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

3states

Cities

AdaCincinnatiDearborn HeightsGrand RapidsHollandKentwoodLouisvilleNewaygoZeeland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$5M$10M$15M$20M20202021202220232024
Metric202420232022
Total Assets$21,122,788$20,534,248$2,884,041
Revenue$1,849,855$17,941,599$359,926
Expenses$1,260,871$289,967$91,456
Qualifying Distributions$1,008,295$156,270$70,895
Net Investment Income$680,710$332,305$339,365
Distributable Amount$1,143,216$949,849$148,293

Giving Over Time

Total grant dollars and number of grants per year

$0$252K$503K$755K$1M5 grants20203 grants20214 grants20226 grants202316 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

WESTMINSTER PRESBYTERIAN…$500KHOPE COLLEGE$100KNEW CITY KIDS$82KVAN ANDEL INSTITUTE$55KEXALTA HEALTH$35KTHE POTTER'S HOUSE$35KUPCYCLE BIKES$25KTHE STOREHOUSE OF COMMUN…$25KTHE PARKLANDS OF FLOYDS …$25KWATERFRONT BOTANICAL GAR…$25K

Grant Size Distribution

34 grants across all recorded years

28<$50K3$50–100K2$100–250K$250–500K1$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Westminster Presbyterian Church Dba Camp Henry ($500,000), Hope College ($100,000), New City Kids ($81,500).

RecipientPurposeAmount
NEW CITY KIDS GRAND RAPIDS, MIPROJECT/PROGRAM SUPPORT.$81,500
UPCYCLE BIKES GRAND RAPIDS, MIPROJECT/PROGRAM SUPPORT.$25,000
VAN ANDEL INSTITUTE GRAND RAPIDS, MIPROJECT/PROGRAM SUPPORT.$55,000
THE STOREHOUSE OF COMMUNITY RESOURCES GRAND RAPIDS, MIPROJECT/PROGRAM SUPPORT.$25,000
THE PARKLANDS OF FLOYDS FORK LOUISVILLE, KYPROJECT/PROGRAM SUPPORT.$25,000
WATERFRONT BOTANICAL GARDENS LOUISVILLE, KYPROJECT/PROGRAM SUPPORT.$25,000
HOPE COLLEGE HOLLAND, MIPROJECT/PROGRAM SUPPORT.$100,000
EXALTA HEALTH GRAND RAPIDS, MIPROJECT/PROGRAM SUPPORT.$35,000
THE POTTER'S HOUSE GRAND RAPIDS, MIPROJECT/PROGRAM SUPPORT.$35,000
LOUISVILLE YOUTH ORCHESTRA LOUISVILLE, KYPROJECT/PROGRAM SUPPORT.$25,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

PETER VERSLUISPRESIDENT$10KCHAD VERSLUISVICE PRES/TREASURER$10KTONYA WILLIAMSONSECRETARY$10KVINCENT VERSLUISMEMBER$10K

From 2024 filing

NameTitleHoursCompensation
PETER VERSLUISPRESIDENT1$10,000
CHAD VERSLUISVICE PRES/TREASURER1$10,000
TONYA WILLIAMSONSECRETARY1$10,000
VINCENT VERSLUISMEMBER1$10,000

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Bea Aldrink Idema Foundation?

Bea Aldrink Idema Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. It holds $21.1M in total assets as of 2024.

How large is Bea Aldrink Idema Foundation?

As of 2024, Bea Aldrink Idema Foundation holds $21.1M in total assets with $1.8M in annual revenue. It awarded 16 grants totaling $1.0M in 2024.

Where does Bea Aldrink Idema Foundation operate?

Bea Aldrink Idema Foundation has awarded grants in Kentucky, Michigan, Ohio.

What size grants does Bea Aldrink Idema Foundation award?

In 2024, Bea Aldrink Idema Foundation awarded 16 grants totaling $1.0M — an average of about $63K per grant, based on its IRS Form 990 filings.

How much is Bea Aldrink Idema Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Bea Aldrink Idema Foundation reported a distributable amount of $1.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Bea Aldrink Idema Foundation's EIN?

Bea Aldrink Idema Foundation's EIN (Employer Identification Number) is 27-2534791. IRS Form 990 filing data is available on this page for 2020–2024.

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

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