Gentex Foundation

Foundation · Grantmaker ZEELAND, MI EIN: 87-3434751

Gentex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ZEELAND, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $285K in total assets. In 2024, it awarded 3 grants totaling $1.6M.

Key facts about Gentex Foundation

EIN
87-3434751
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$1,622,902
Grants made (2024)
3
Average grant
$540,967
Median grant
$387,440
Total assets
$284,545
Primary geography
Michigan (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated April 2026.

Who Gentex Foundation funds

By grant dollars, the top recipient states for Gentex Foundation's 3 itemized 2024 grants were Michigan (100%). The most frequent recipient cities were Zeeland, MI (3 grants). None of its 3 grants with a stated purpose were described as general or operating support.

How Gentex Foundation gives

  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$285K

+313.8% YoY

Annual Giving

$1.6M

+60.8% YoY

Grant Count

3

+0.0% YoY

Avg Grant Size

$541K

+60.8% YoY

Under IRS private-foundation payout rules, Gentex Foundation reported a distributable amount of $11K for 2024 — the minimum it must pay out in qualifying distributions.

About Gentex Foundation

Based on IRS filings

Gentex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ZEELAND, MI. IRS filing data is available from 2022 through 2024. As of 2024, the organization holds $285K in total assets. In 2024, it awarded 3 grants totaling $1.6M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Share of all 3 itemized 2024 grant dollars.

States

Cities

Zeeland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$512K$1M$2M$2M202220232024
Metric202420232022
Total Assets$284,545$68,769$76,425
Revenue$1,861,275$1,000,000$1,000,000
Expenses$1,639,699$1,012,956$924,075
Qualifying Distributions$1,622,902$1,009,303$922,355
Net Investment Income———
Distributable Amount$11,143$9,824$9,390

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2022–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$406K$811K$1M$2M4 grants20223 grants20233 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 3 recipients in 2024

Community - See Attached: $1.1MCommunity - See Attached$1.1MEducation - See Attached: $387KEducation - See Attached$387KYouth - See Attached: $130KYouth - See Attached$130K

Grant Size Distribution

10 grants across all recorded years

1<$50K2$50–100K1$100–250K4$250–500K1$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest recipients include Community - See Attached ($1,105,762), Education - See Attached ($387,440), Youth - See Attached ($129,700).

RecipientPurposeAmount
COMMUNITY - SEE ATTACHED ZEELAND, MICOMMUNITY SUPPORT - SEE ATTACHED$1,105,762
EDUCATION - SEE ATTACHED ZEELAND, MIEDUCATION SUPPORT - SEE ATTACHED$387,440
YOUTH - SEE ATTACHED ZEELAND, MIYOUTH SUPPORT - SEE ATTACHED$129,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Steve DowningPresident &——
Kevin NashCFO & VP of——
Scott RyanVP of Genera——
Seth BushouseVP of Hr——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Gentex Foundation?

Gentex Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in ZEELAND, MI. It holds $285K in total assets as of 2024.

How large is Gentex Foundation?

As of 2024, Gentex Foundation holds $285K in total assets with $1.9M in annual revenue. It awarded 3 grants totaling $1.6M in 2024.

Where does Gentex Foundation operate?

Gentex Foundation has awarded grants in Michigan.

What size grants does Gentex Foundation award?

In 2024, Gentex Foundation awarded 3 grants totaling $1.6M — an average of about $541K per grant, based on its IRS Form 990 filings.

How much is Gentex Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Gentex Foundation reported a distributable amount of $11K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Gentex Foundation's EIN?

Gentex Foundation's EIN (Employer Identification Number) is 87-3434751. IRS Form 990 filing data is available on this page for 2022–2024.

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

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