Dick and Betsy Devos Family Foundation
The Dick and Betsy DeVos Family Foundation is a private foundation based in an individual recipient, Michigan. Dick and Betsy DeVos launched it in 1989 as a vehicle for charitable giving.
Dick and Betsy Devos Family Foundation at a glance
In short: Dick and Betsy Devos Family Foundation gave $7.1M across 91 grants in 2024 (avg $78K), mostly in Michigan. 29% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $7,066,885
- -2.5% vs 2023
- Grants made (2024)
- 91
- -24.2% vs 2023
- Average grant
- $77,658
- +28.5% vs 2023
- Median grant
- $20,000
- Total assets
- $47,593,921
- -9.0% vs 2023
- New grantees (estimate)
- 29% first-time grantees (25 of 86, 2024)
- Primary geography
- Michigan (51% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to Dick and Betsy Devos Family Foundation
- How to Apply
-
The foundation accepts applications through its online grant application portal. Eligible applicants include 501(c)(3) charitable organizations, churches, and government entities. A coalition must apply through a fiscal sponsor that serves in a policy-setting role and handles fiscal management and reporting. The foundation says it does not make pass-through grants unless the organizations have a formal relationship that meets IRS-approved guidelines. Requests may be submitted at any time; the review process generally takes three or four months from submission to notification. The foundation advises applicants to consider their organizational or project budget, other donor support, their relationship with the foundation and trustees, and grant history when setting a request amount.
- Review Cycle
- None; requests are reviewed on a rolling basis.
- Deadline
- None; requests are reviewed on a rolling basis.
- Contact
Application contact: Richard M Devos Jr
Mailing address: 200 Monroe Avenue Nw, Grand Rapids, MI 49503
Phone: (616) 643-4700
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Dick and Betsy Devos Family Foundation funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Fiscal Sponsorship Allies ($1.3M across 2 grants). Together the top 10 received $4.9M.
Organizations only. It also paid 1 individual scholarship ($1,000), which are not listed by name.
Grant Size Distribution
636 grants across all recorded years
The most common grant size was under $50K: 426 grants of 636 (67%).
Geographic Focus
Where this funder awards grants
The foundation states that making an individual recipient a desirable place to raise a family is one of its giving priorities. In 2024, 51% of grant dollars went to recipients in Michigan. Other leading recipient states were Colorado (18%), Illinois (9%), and Washington, DC (7%); South Carolina received 4%.
Grant Distribution by State
Share of 2024 grant dollars across all 91 itemized grants.
States
Cities
Is Dick and Betsy Devos Family Foundation open to new grantees?
29%
first-time grantees, 2024
In 2024, 25 of 86 grantees (29%) were first-time recipients. First grants averaged $115K; repeat grants $69K. How we count
Medians: $20K first-time, $15K repeat.
- 60% of 2024 grantees were also funded in 2023. Method
- Giving held roughly steady from 2021 to 2024 (−14%). Method
- In 2024 it paid out 270% of its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $7.1M (2024) to $11.9M (2020). In 2024 it made 91 grants totaling $7.1M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Grand Action Foundation 20 Grand Rapids, MI | Capital Campaign | $1,000,000 |
| Fiscal Sponsorship Allies Denver, CO | Project/program - devos institute of arts and nonprofit management fellows program | $750,000 |
| Ada Township Ada, MI | Capital Campaign | $500,000 |
| Fiscal Sponsorship Allies Denver, CO | Project/Program - Dvianm Capacity Building Grand Rapids | $500,000 |
| Global Leadership Network Barrington, IL | General Operating | $300,000 |
| American Enterprise Institute Washington, DC | General Operating | $250,000 |
| Palmetto Promise Institute Columbia, SC | Project/Program - Student Sponsorship | $250,000 |
| Public Museum of Grand Rapids Grand Rapids, MI | Capital Campaign | $250,000 |
| Theodore Roosevelt Presidential Library Foundation Bismarck, ND | Capital Campaign | $250,000 |
| West Michigan Aviation Academy Foundation Grand Rapids, MI | General Operating | $247,385 |
Ready to take the next step with Dick and Betsy Devos Family Foundation?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $47,593,921 | $2,958,602 | $7,647,036 | $7,066,885 | 91 | $7,309,569 | $1,588,529 | $2,706,810 |
| 2023 | $52,282,355 | $2,541,157 | $8,040,657 | $7,249,300 | 120 | $7,564,856 | $2,051,372 | $2,763,799 |
| 2022 | $57,782,067 | $16,972,901 | $9,246,867 | $8,657,300 | 133 | $8,983,417 | $16,754,512 | $3,158,477 |
| 2021 | $50,056,750 | $3,527,807 | $9,290,005 | $8,219,500 | 139 | $9,016,299 | $1,773,457 | $3,263,865 |
| 2020 | $56,018,786 | $15,195,642 | $12,872,663 | $11,864,900 | 153 | — | $6,067,767 | $4,865,850 |
Under IRS private-foundation payout rules, Dick and Betsy Devos Family Foundation reported a distributable amount of $2.7M for 2024 — the minimum it must pay out in qualifying distributions.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
The foundation says its faith motivates its giving and that it aims to be a faithful steward. Its stated areas of support are leadership and capacity building, programs and places that strengthen family well-being and work-life balance in an individual recipient, and efforts to advance education freedom.
Its 2024 grants included support for organizations working in community development, arts and nonprofit capacity building, trails, education, and public policy. For example, Grand Action Foundation’s stated mission is to promote an individual recipient economic and cultural development. Huron Waterloo Pathways Initiative says it facilitates regional trails connecting people, communities, and nature. Mackinac Center describes its mission as Michigan-focused public policy research, analysis, and education from a free-market perspective.
Grantmaking
In 2024, the foundation reported 91 grants totaling $7,066,885. Grant amounts ranged from $500 to $1,000,000, with a median of $20,000. Among the largest were $1,000,000 to Grand Action Foundation 20 for a capital campaign; $750,000 and $500,000 to Fiscal Sponsorship Allies for DeVos Institute of Arts and Nonprofit Management programs; and $500,000 to Ada Township for a capital campaign. Other notable awards included $300,000 to Global Leadership Network for general operating support and $250,000 each to American Enterprise Institute for general operating support, Palmetto Promise Institute for student sponsorship, Public Museum of an individual recipient for a capital campaign, and Theodore Roosevelt Presidential Library Foundation for a capital campaign.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Richard M. DeVos Jr. as president and director, and Elisabeth Prince DeVos as a director. Other listed officers, directors, and staff are Robert H. Schierbeek, vice president and chief operating officer; Jeffrey S. Bowerman, vice president of tax; Susan E. Valcq, treasurer and secretary; Jason Zylstra and Pamela Parriott, foundation managers; and Richard M. DeVos III, Elisabeth D. Lowery, and Andrea D. Abraham, directors.
Dick and Betsy Devos Family Foundation is led by Richard M. Devos Jr., President & Director since 2021 (on filings since 2020); none of the 11 officers listed in 2024 report compensation.
Officers on the 2024 filing
Richard M. Devos Jr.
President & Director
President → President & Director, 2021
On filings since 2020
1 hr/week
No compensation reported
Andrea D. Abraham
Director
Trustee → Director, 2021
On filings since 2020
No compensation reported
Elisabeth D. Lowery
Director
Trustee → Director, 2021
On filings since 2020
No compensation reported
Richard M. Devos III
Director
Trustee → Director, 2021
On filings since 2020
No compensation reported
Ryan E. Devos
Director
Trustee → Director, 2021
On filings since 2020
No compensation reported
Elisabeth Prince Devos
Director
On filings since 2022
1 hr/week
No compensation reported
Jeffrey S. Bowerman
Vice President of Tax
Vice President of Tax & Assistant Secretary → Vice President of Tax, 2021
On filings since 2020
0.1 hrs/week
No compensation reported
Robert H. Schierbeek
Vice President & COO
Vice President, COO, Treasurer & Secretary → Vice President & COO, 2021
On filings since 2020
0.1 hrs/week
No compensation reported
Susan E. Valcq
Treasurer & Secretary
On filings since 2021
0.1 hrs/week
No compensation reported
Jason Zylstra
Foundation Manager
On filings since 2022
4 hrs/week
No compensation reported
Pamela Parriott
Foundation Manager
On filings since 2022
8 hrs/week
No compensation reported
Former officers (2)
- Former: Nicholas J. Thole (2022–2023) — Vice President
- Former: Jerry L. Tubergen (2020) — Executive Vice President
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Frequently asked questions about Dick and Betsy Devos Family Foundation
How much does Dick and Betsy Devos Family Foundation give each year?
Dick and Betsy Devos Family Foundation gave $7.1M across 91 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $7.2M across 120 grants.
What is Dick and Betsy Devos Family Foundation's typical grant size?
Dick and Betsy Devos Family Foundation's median grant in 2024 was $20,000, and its average grant was $77,658, across 91 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Dick and Betsy Devos Family Foundation that year got $115K on average.
Where does Dick and Betsy Devos Family Foundation give grants?
Dick and Betsy Devos Family Foundation gives mostly in Michigan: 51% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Colorado (18%) and Illinois (9%). The most frequent recipient cities were Grand Rapids, MI (27 grants), Washington, DC (6 grants), Holland, MI (6 grants) and Vero Beach, FL (6 grants).
Does Dick and Betsy Devos Family Foundation give general operating support?
Yes: 77% of Dick and Betsy Devos Family Foundation's 2024 grants with a stated purpose (70 of 91) were for general or operating support, per its 2024 IRS Form 990-PF. Recurring purposes include "Capital Campaign" (8 grants).
Who are Dick and Betsy Devos Family Foundation's largest grantees?
Dick and Betsy Devos Family Foundation's largest 2024 grantees include Fiscal Sponsorship Allies ($1,250,000 across 2 grants), Grand Action Foundation 20 ($1,000,000) and Ada Township ($500,000), according to its 2024 IRS Form 990-PF. It also paid 1 individual scholarship ($1,000), which are not listed by name. Together they received 39% of its itemized 2024 grant dollars.
How large is Dick and Betsy Devos Family Foundation?
Dick and Betsy Devos Family Foundation reported $47.6M in total assets on its 2024 IRS Form 990-PF. It paid out $7.3M in qualifying distributions that year, against a required minimum of $2.7M (roughly 5% of its investment assets).
What does Dick and Betsy Devos Family Foundation fund?
The foundation says its faith motivates its giving and that it aims to be a faithful steward. See mission & focus areas ↑
How do I apply for a grant from Dick and Betsy Devos Family Foundation?
The foundation accepts applications through its online grant application portal. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is Dick and Betsy Devos Family Foundation's EIN?
Dick and Betsy Devos Family Foundation's EIN (Employer Identification Number) is 38-2902412. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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Funders that support many of the same organizations
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—
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Cite this profile
Grantable. (2026). Dick and Betsy Devos Family Foundation funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/dick-and-betsy-devos-family-foundation-morg_cb7f3dc0ae364a92a5e181b3f68d13af
BibTeX
@misc{grantable_382902412_2026,
author = {{Grantable}},
title = {{Dick and Betsy Devos Family Foundation funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/dick-and-betsy-devos-family-foundation-morg_cb7f3dc0ae364a92a5e181b3f68d13af},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from Dick and Betsy Devos Family Foundation's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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