The F&v Foundation
The F&v Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $927K in total assets. In 2024, it awarded 16 grants totaling $38K. Net investment income was $36K.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$927K
+15.7% YoY
Annual Giving
$38K
+8.3% YoY
Grant Count
16
-15.8% YoY
Avg Grant Size
$2K
+28.6% YoY
Under IRS private-foundation payout rules, The F&v Foundation reported a distributable amount of $42K for 2024 — the minimum it must pay out in qualifying distributions.
About The F&v Foundation
Based on IRS filings
The F&v Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. IRS filing data is available from 2021 through 2024. As of 2024, the organization holds $927K in total assets. In 2024, it awarded 16 grants totaling $38K. Net investment income was $36K.
Focus Areas
Ready to take the next step with The F&v Foundation?
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $927,004 | $800,965 | $760,000 |
| Revenue | $93,232 | $41,710 | $15,000 |
| Expenses | $44,785 | $36,966 | $5,000 |
| Qualifying Distributions | $37,800 | $35,098 | $5,000 |
| Net Investment Income | $36,229 | $21,649 | — |
| Distributable Amount | $42,047 | $38,138 | $37,430 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
36 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Michigan Tech Fund ($10,000), Village of Breckenridge ($8,000), Michigan State University ($5,000).
| Recipient | Purpose | Amount |
|---|---|---|
| STEM GREENHOUSE INC GRAND RAPIDS, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $250 |
| THUNDER BAY SOCCER ASSOCIATIONS (TBSA) ALPENA, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $250 |
| FRIENDS OF FRED MEIJER HEARTLAND TRAIL FENWICK, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $400 |
| WTS MICHIGAN CHAPTER LANSING, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $400 |
| CADILLAC AREA HABITAT FOR HUMANITY CADILLAC, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $500 |
| FRIENDS OF PENTWATER TRAIL PENTWATER, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $500 |
| VILLAGE OF BERRIEN SPRINGS BERRIEN SPRINGS, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $500 |
| AID IN MILAN MILAN, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $1,000 |
| PIERCETON CHAMBER OF COMMERCE PIERCETON, IN | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $1,000 |
| THREE RIVERS PROMISE THREE RIVERS, MI | ANNUAL SUPPORT TOWARDS THE COMPANY'S MISSION | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN DEVOL | DIRECTOR | 1 | — |
| CRAIG SHUMAKER | DIRECTOR | 1 | — |
| PAUL GALDES | DIRECTOR | 1 | — |
| BOB WILCOX | DIRECTOR | 1 | — |
| DON DEVRIES | DIRECTOR | 1 | — |
| H BLAIR SELOVER | DIRECTOR | 1 | — |
| BRIAN RICE | DIRECTOR | 1 | — |
| JON MOXEY | DIRECTORS | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The F&v Foundation?
The F&v Foundation is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in GRAND RAPIDS, MI. It holds $927K in total assets as of 2024.
How large is The F&v Foundation?
As of 2024, The F&v Foundation holds $927K in total assets with $93K in annual revenue. It awarded 16 grants totaling $38K in 2024.
Where does The F&v Foundation operate?
The F&v Foundation has awarded grants in Indiana, Michigan.
What size grants does The F&v Foundation award?
In 2024, The F&v Foundation awarded 16 grants totaling $38K — an average of about $2K per grant, based on its IRS Form 990 filings.
How much is The F&v Foundation required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, The F&v Foundation reported a distributable amount of $42K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is The F&v Foundation's EIN?
The F&v Foundation's EIN (Employer Identification Number) is 87-4110648. IRS Form 990 filing data is available on this page for 2021–2024.
Explore Open Grants
Browse active grant opportunities in The F&v Foundation's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.