David & Carol Myers Foundation

HOLLAND, MI EIN: 38-2884733

David & Carol Myers Foundation is a private foundation, based in HOLLAND, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $66.5M in total assets. In 2024, it awarded 1 grants totaling $5.1M. Net investment income was $10.4M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$66.5M

+8.4% YoY

Annual Giving

$5.1M

+0.5% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$5.1M

+0.5% YoY

Under IRS private-foundation payout rules, David & Carol Myers Foundation reported a distributable amount of $4.9M for 2024 — the minimum it must pay out in qualifying distributions.

About David & Carol Myers Foundation

Based on IRS filings

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Michigan $23.4M (100%)

States

Michigan

Cities

See Attached

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$66,477,647	$61,326,375	$61,141,845
Revenue	$11,061,280	$5,943,810	$6,238,041
Expenses	$5,837,144	$5,755,909	$5,908,711
Qualifying Distributions	$5,128,779	$5,100,891	$5,489,137
Net Investment Income	$10,441,132	$5,341,490	$6,017,352
Distributable Amount	$4,889,775	$4,770,003	$4,963,807

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

Grant Size Distribution

5 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($5,128,759).

Recipient	Purpose	Amount
SEE ATTACHED SEE ATTACHED, MI	SEE ATTACHED	$5,128,759

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
CAROL MYERS	PRESIDENT	—	—
DAVID MYERS	VICE PRES.	—	—
SCOTT KLING	DIRECTOR	—	—

Frequently Asked Questions

How large is David & Carol Myers Foundation?

As of 2024, David & Carol Myers Foundation holds $66.5M in total assets with $11.1M in annual revenue. It awarded 1 grants totaling $5.1M in 2024.

Where does David & Carol Myers Foundation operate?

David & Carol Myers Foundation has awarded grants in Michigan.

What size grants does David & Carol Myers Foundation award?

In 2024, David & Carol Myers Foundation awarded 1 grants totaling $5.1M — an average of about $5.1M per grant, based on its IRS Form 990 filings.

How much is David & Carol Myers Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, David & Carol Myers Foundation reported a distributable amount of $4.9M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is David & Carol Myers Foundation's EIN?

David & Carol Myers Foundation's EIN (Employer Identification Number) is 38-2884733. IRS Form 990 filing data is available on this page for 2020–2024.