The Herbert H & Grace a Dow

Foundation · Grantmaker MIDLAND, MI EIN: 38-1437485

The Herbert H & Grace a Dow is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642.6M in total assets. In 2024, it awarded 2 grants totaling $14.0M. Net investment income was $51.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$642.6M

+3.5% YoY

Annual Giving

$14.0M

-30.0% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$7.0M

+5.0% YoY

Under IRS private-foundation payout rules, The Herbert H & Grace a Dow reported a distributable amount of $29.4M for 2024 — the minimum it must pay out in qualifying distributions.

About The Herbert H & Grace a Dow

Based on IRS filings

The Herbert H & Grace a Dow is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, MI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $642.6M in total assets. In 2024, it awarded 2 grants totaling $14.0M. Net investment income was $51.3M.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

Midland

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$15M$31M$46M$62M20202021202220232024
Metric202420232022
Total Assets$642,648,050$621,175,059$583,499,862
Revenue$55,944,598$40,934,354$36,347,855
Expenses$38,170,123$45,144,955$32,131,559
Qualifying Distributions$20,080,509$24,115,588$26,347,422
Net Investment Income$51,273,064$38,619,903$34,182,788
Distributable Amount$29,397,029$29,507,957$27,557,746

Giving Over Time

Total grant dollars and number of grants per year

$0$5M$10M$15M$20M2 grants20202 grants20212 grants20223 grants20232 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2024

SEE ATTACHED$8.4MSEE ATTACHED$5.6M

Grant Size Distribution

11 grants across all recorded years

<$50K1$50–100K$100–250K$250–500K$500K–1M$1–5M10$5M+

Open Grants

1 open opportunity from The Herbert H & Grace a Dow

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attached ($8,388,000), See Attached ($5,584,499).

RecipientPurposeAmount
SEE ATTACHED MIDLAND, MIVARIOUS$5,584,499
SEE ATTACHED MIDLAND, MIVARIOUS$8,388,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

JENEE VELASQUEZEXECUTIVE DI$396KFRANCINE PADGETTCFO$217K

From 2024 filing

NameTitleHoursCompensation
RUTH A DOANPRESIDENT10
MICHAEL LLOYD DOANVICE PRESIDE8
WILLARD MOTTTREASURER8
DIANE DOW HULLETSECRETARY4
STEPHEN CARRASTRUSTEE2
JAMES FITTERLINGTRUSTEE2
ALDEN LEE HANSONTRUSTEE2
BONNIE BUCHANAN MATHESONTRUSTEE2
SUZANNA MCCUANGOV. CHAIR/T8
LILLA YM OHRSTROMTRUSTEE2
SARAH OPPERMANTRUSTEE2
STEPHANIE SCHEETSTRUSTEE2
MACAULEY WHITING JRTRUSTEE2
JENEE VELASQUEZEXECUTIVE DI60$395,645
FRANCINE PADGETTCFO60$217,241

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is The Herbert H & Grace a Dow?

The Herbert H & Grace a Dow is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MIDLAND, MI. It holds $642.6M in total assets as of 2024.

How large is The Herbert H & Grace a Dow?

As of 2024, The Herbert H & Grace a Dow holds $642.6M in total assets with $55.9M in annual revenue. It awarded 2 grants totaling $14.0M in 2024.

Where does The Herbert H & Grace a Dow operate?

The Herbert H & Grace a Dow has awarded grants in Michigan.

What size grants does The Herbert H & Grace a Dow award?

In 2024, The Herbert H & Grace a Dow awarded 2 grants totaling $14.0M — an average of about $7.0M per grant, based on its IRS Form 990 filings.

How much is The Herbert H & Grace a Dow required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, The Herbert H & Grace a Dow reported a distributable amount of $29.4M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is The Herbert H & Grace a Dow's EIN?

The Herbert H & Grace a Dow's EIN (Employer Identification Number) is 38-1437485. IRS Form 990 filing data is available on this page for 2020–2024.

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

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