Devos Family Foundation

GRAND RAPIDS, MI EIN: 86-1509286

The Devos Family Foundation is a private grantmaking foundation based in Grand Rapids, Michigan. Established in 2023 and designated as a 501(c)(3) organization, the foundation operates as a philanthropic entity supporting nonprofit organizations, churches, coalitions, and government entities primarily across the United States.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$3K

-38.9% YoY

Annual Giving

$9.6M

+180.6% YoY

Grant Count

29

-3.3% YoY

Avg Grant Size

$333K

+190.3% YoY

Under IRS private-foundation payout rules, Devos Family Foundation reported a distributable amount of $160 for 2024 — the minimum it must pay out in qualifying distributions.

Research compiled by Grantable AI from public sources. Last updated April 2026.

Mission & Focus Areas

The foundation's mission is to enhance the quality of life in the communities it serves through strategic philanthropy and partnerships. Primary funding focus areas include:

  • Philanthropy and foundations
  • Community health and medical initiatives
  • Health and wellness programs
  • Human services
  • Education
  • Capital campaigns for healthcare facilities
  • Homelessness initiatives

The foundation operates the Facing Home Initiative, a strategic program designed to accelerate the Grand Rapids community's journey toward functional zero among the chronically homeless population.

Grantmaking

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Geographic Focus

Where this funder awards grants

The foundation supports organizations primarily in Michigan, Florida, and New York, with particular emphasis on the Grand Rapids area. Additional geographic presence noted in Washington state and Washington, D.C.

Grant Distribution by State

7states

Cities

AmesBoca RatonEatonvilleGaylordGrand RapidsHollandJenisonKalamazooKissimmeeLas VegasMaitlandMuskegonNew YorkOrlandoRidgefieldSanfordTallahasseeVero BeachWashingtonWinter Park

Financial History

Multi-year comparison from IRS filings

2024 Financial Summary:

  • Total assets: $2,950
  • Total revenue: $10,147,492
  • Total expenses: $10,149,367
  • Number of employees: 0

Tax Status:

  • EIN: 86-1509286
  • Tax-exempt since July 2023
  • 501(c)(3) classification
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$3M$6M$8M$11M202220232024
Metric202420232022
Total Assets$2,950$4,825$43,093
Revenue$10,147,492$4,372,979$3,992,311
Expenses$10,149,367$4,411,247$3,978,702
Qualifying Distributions$10,149,367$4,411,247$3,978,702
Net Investment Income
Distributable Amount$160$535$1,341

Giving Over Time

Total grant dollars and number of grants per year

$0$2M$5M$7M$10M36 grants202230 grants202329 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

COREWELL HEALTH FOUNDATION$4.0MMARY FREE BED REHABILITA…$1.3MPINE REST FOUNDATION$1.3MCOREWELL HEALTH FOUNDATION$1.0MUNITED WAY OF FLORIDA$500KORLANDO MAGIC YOUTH FOUN…$360KJOHN BALL ZOO$300KPHILANTHROPY ROUNDTABLE$300KALLIANCE FOR CHILDREN EV…$150KUNIVERSITY OF CENTRAL FL…$90K

Grant Size Distribution

95 grants across all recorded years

48<$50K19$50–100K11$100–250K9$250–500K2$500K–1M6$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Corewell Health Foundation ($4,000,000), Mary Free Bed Rehabilitation Hospital ($1,250,000), Pine Rest Foundation ($1,250,000).

RecipientPurposeAmount
ALLIANCE FOR CHILDREN EVERYWHERE RIDGEFIELD, WAGENERAL OPERATING$150,000
COMMUNITY REBUILDERS GRAND RAPIDS, MIGENERAL OPERATING$50,000
COREWELL HEALTH FOUNDATION GRAND RAPIDS, MICAPITAL CAMPAIGN - HELEN DEVOS CHILDREN'S HOSPITAL$4,000,000
COREWELL HEALTH FOUNDATION GRAND RAPIDS, MICAPITAL CAMPAIGN$1,000,000
COREWELL HEALTH FOUNDATION GRAND RAPIDS, MIGENERAL OPERATING$5,000
DEGAGE MINISTRIES GRAND RAPIDS, MIGENERAL OPERATING$30,000
GREATER GRAND RAPIDS CHAMBER FOUNDATION GRAND RAPIDS, MIPROJECT/PROGRAM - HOUSING NEXT$50,000
GREATER GRAND RAPIDS CHAMBER FOUNDATION GRAND RAPIDS, MIPROJECT/PROGRAM - 100 IN 100 INITIATIVE$50,000
GREATER GRAND RAPIDS CHAMBER FOUNDATION GRAND RAPIDS, MIPROJECT/PROGRAM - NATIONAL CIVICS BEE$2,500
HEART OF WEST MICHIGAN UNITED WAY GRAND RAPIDS, MIPROJECT/PROGRAM - COALITION TO END HOMELESSNESS$60,000

Leadership & Key People

Leadership team and compensation from IRS filings

Key personnel include:

  • Richard M. DeVos Jr. - Board member
  • Daniel G. DeVos - Board member
  • Suzanne C. DeVos - Board member
  • Douglas L. DeVos - President and Board member
  • Robert H. Schierbeek - Chief Operating Officer/Vice President
  • Jason Zylstra - Vice President (full-time)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
RICHARD M DEVOS JRDIRECTOR0.1
DANIEL G DEVOSDIRECTOR0.1
SUZANNE C DEVOSDIRECTOR0.1
DOUGLAS L DEVOSPRESIDENT/DIRECTOR0.1
ROBERT H SCHIERBEEKCOO/VP0.1
JEFFREY S BOWERMANVP OF TAX0.1
SUSAN E VALCQTREASURER/SECRETARY0.1
JASON L ZYLSTRAVP/ FOUNDATION MANAGER8
PAMELA PARRIOTTFOUNDATION MANAGER4

Recent News & Activity

Recent developments and announcements

The foundation has been active in supporting major healthcare capital campaigns, including significant investments in pediatric behavioral health and children's hospital facilities through Corewell Health Foundation. The foundation's grantmaking reflects a strategic focus on healthcare infrastructure and community health initiatives in its primary service areas.

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Devos Family Foundation fund?

The foundation's mission is to enhance the quality of life in the communities it serves through strategic philanthropy and partnerships. Primary funding focus areas include: • Philanthropy and foundations • Community health and medical initiatives • Health and wellness programs • Human services • Education • Capital campaigns for healthcare facilities • Homelessness initiatives The foundation operates the **Facing Home Initiative**, a strategic program designed to accelerate the Grand Rapids co…

How do I apply for a grant from Devos Family Foundation?

**Grant Activity (2024):** • Total giving: $9,645,232 • Number of grants: 36 • Typical award range: $1,000 to $4,000,000 **Recent Notable Grants:** • Corewell Health Foundation Southeast Michigan: $4,000,000 (Capital Campaign - Helen Devos Children's Hospital) • Pine Rest Foundation: $1,250,000 (Capital Campaign - Pediatric Center of Behavioral Health) • Corewell Health Foundation Southeast Michigan: $1,000,000 (Capital Campaign)

Where does Devos Family Foundation make grants?

The foundation supports organizations primarily in Michigan, Florida, and New York, with particular emphasis on the Grand Rapids area. Additional geographic presence noted in Washington state and Washington, D.C.

What size grants does Devos Family Foundation award?

In 2024, Devos Family Foundation awarded 29 grants totaling $9.6M — an average of about $333K per grant, based on its IRS Form 990 filings.

How much is Devos Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Devos Family Foundation reported a distributable amount of $160 on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Devos Family Foundation's EIN?

Devos Family Foundation's EIN (Employer Identification Number) is 86-1509286. IRS Form 990 filing data is available on this page for 2022–2024.

Explore Open Grants

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Related Funders

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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

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