THE PETER and JOAN SECCHIA FAMILY INC
The Peter and Joan Secchia Family Inc is a private foundation established in 1986 and based in Grand Rapids, Michigan. Located at 220 Lyon Street NW, Suite 510, the foundation operates as a 501(c)(3) private grantmaking organization with no employees. The foundation supports educational institutions, healthcare initiatives, cultural organizations, and community development projects primarily in Michigan.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$83.7M
-16.3% YoY
Annual Giving
$22.9M
+35.4% YoY
Grant Count
81
-11.0% YoY
Avg Grant Size
$282K
+52.1% YoY
Mission & Focus Areas
The foundation does not maintain a published mission statement. However, its grantmaking demonstrates focus on:
- Education: Support for Davenport University, Maine Business College, Grand Rapids Community College Foundation, and Michigan State University
- Healthcare: Capital campaigns and facility development for rehabilitation and specialized medical services
- Cultural & Civic Projects: Museum expansions, arts organizations, and community infrastructure
- Youth & Community Development: Educational programs, scholarships, and inner-city youth initiatives
Grantmaking
The foundation made 45 grants in its most recent reporting year (2023). Notable recent grants include:
Grant Types
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in Michigan, with particular emphasis on the Grand Rapids area and statewide educational institutions.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $99,894,733
- Total Revenues: $7,589,127
- Total Expenses: $17,745,194
- Number of Employees: 0
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $83,655,693 | $99,894,733 | $97,428,651 |
| Revenue | $22,812,273 | $7,589,127 | $46,914,899 |
| Expenses | $45,548,348 | $17,745,194 | $10,265,357 |
| Qualifying Distributions | $44,877,372 | $17,032,801 | $9,997,821 |
| Net Investment Income | $22,137,297 | $7,110,284 | $3,244,491 |
| Distributable Amount | — | $4,807,718 | $4,040,005 |
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
245 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Peter F. Secchia (1940-2023) was the foundation's namesake and a prominent businessman and philanthropist. He held a Bachelor's Degree in Economics from Michigan State University (1962) and received multiple honorary doctoral degrees from institutions including Michigan State University, Grand Valley State University, Cooley Law School, and Davenport College.
Joan Secchia continues as a co-founder and active supporter of the foundation's mission. She has served on numerous boards including Opera Grand Rapids, the Junior League, Aquinas College, and the Children's Assessment Center.
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JAMES A ENS | DIRECTOR | 1 | — |
| MARK A SCHUT | TREASURER | 10 | $40,000 |
| JOAN P SECCHIA | DIRECTOR | 1 | — |
| STEPHANIE OEHLER | DIRECTOR | 1 | — |
| LEGACY TRUST | DIRECTOR | 1 | — |
Recent News & Activity
Recent developments and announcements
In 2024, Joan Secchia made a historic $10 million commitment to Michigan State University's varsity men's and women's tennis programs, representing one of the largest donations to collegiate tennis in the nation.
$10 million gift to university varsity men\u2019s and women\u2019s tennis\The foundation continues active grantmaking with significant commitments to healthcare infrastructure, educational advancement, and community development projects in West Michigan.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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