Bill and Bea Idema Foundation
Bill and Bea Idema Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118.2M in total assets. In 2024, it awarded 8 grants totaling $5.9M. Net investment income was $4.4M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
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
About Bill and Bea Idema Foundation
Based on IRS filings
Bill and Bea Idema Foundation is a private foundation, based in GRAND RAPIDS, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $118.2M in total assets. In 2024, it awarded 8 grants totaling $5.9M. Net investment income was $4.4M.
Ready to take the next step with Bill and Bea Idema Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| 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 .
Leadership & 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 | — |
Related Funders
Similar funders by location and focus area
Kadant Johnson Inc Scholarship Foun
THREE RIVERS, MI
Assets
—
Grants
3
Total Given
$5K
Thomas W Itin Charitable Trust
KEEGO HARBOR, MI
Assets
—
Grants
11
Total Given
$4K
Robert a Leonard Jr Charitable Trus
SOUTHFIELD, MI
Assets
—
Grants
2
Total Given
$11K
Homer Youth Athletic Association
TEKONSHA, MI
Assets
—
Grants
1
Total Given
$4K
Dr Shanti Swarup & Mrs Chawla Devi
TROY, MI
Assets
—
Grants
9
Total Given
$3K
Bojrab Family Foundation
BLOOMFIELD HILLS, MI
Assets
$185K
Grants
9
Total Given
$27K
Data last updated April 2026. Sourced from IRS Form 990-PF filings.
What could you do with Bill and Bea Idema Foundation on Grantable?
- Assess strategic fit with your organization
- Draft a tailored letter of inquiry
- Find open RFPs from this funder
- Monitor for new funding opportunities