Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
DICK AND BETSY DEVOS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 MONROE AVENUE NW
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GRAND RAPIDS, MI49503
A Employer identification number

38-2902412
B Telephone number (see instructions)

(616) 643-4700
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$66,129,498
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 5,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 105 105  
4 Dividends and interest from securities... 421,556 421,610  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -4,819,803
b Gross sales price for all assets on line 6a 113,064
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 2,925,949 1,567,961  
12 Total. Add lines 1 through 11........ 3,527,807 1,989,676  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 4,710 471   3,768
c Other professional fees (attach schedule).... 985,696 215,748   767,932
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 55,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 7 0   7
22 Printing and publications.......... 106 0   106
23 Other expenses (attach schedule)....... 24,986 0   24,986
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,070,505 216,219   796,799
25 Contributions, gifts, grants paid....... 8,219,500 8,219,500
26 Total expenses and disbursements. Add lines 24 and 25 9,290,005 216,219   9,016,299
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,762,198
b Net investment income (if negative, enter -0-) 1,773,457
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 9,579,831 444,221 444,221
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,054,040 Click to see attachment1,566,854 1,302,801
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 41,234,915 Click to see attachment46,301,675 62,638,476
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment2,150,000 Click to see attachment1,744,000 Click to see attachment1,744,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 56,018,786 50,056,750 66,129,498
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment767 Click to see attachment929
23 Total liabilities (add lines 17 through 22)......... 767 929
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 56,018,019 50,055,821
29 Total net assets or fund balances (see instructions)..... 56,018,019 50,055,821
30 Total liabilities and net assets/fund balances (see instructions). 56,018,786 50,056,750
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
56,018,019
2
Enter amount from Part I, line 27a .....................
2
-5,762,198
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
50,255,821
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
200,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
50,055,821
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a INNOVATION TECH INVESTORS, INC. (SERIES B PREFERRED 2020) P 2017-08-02 2021-12-31
b INTERFACE SECURITY SYSTEMS, LLC (SENIOR SUB NOTE) P 2017-08-02 2021-12-31
c INTERFACE SPECIAL HOLDINGS, INC. (WARRANTS) P 2017-08-02 2021-12-31
d PARTNERSHIPS - SEE ATTACHMENT P 2021-01-01 2021-12-31
e DISPOSITION OF 41 SHELDON BLVD, LLC P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a     1,644,573 -1,644,573
b 113,064   3,278,612 -3,165,548
c     28,589 -28,589
d       818,225
e     9,682 -9,682
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a       -1,644,573
b       -3,165,548
c       -28,589
d       818,225
e       -9,682
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 -4,030,167
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 24,651
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 24,651
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 46,755
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 46,755
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 22,104
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet22,104 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.DBDVFOUNDATION.ORG
    14
    The books are in care ofbulletROBERT H SCHIERBEEK Telephone no.bullet (616) 643-4700

    Located atbullet200 MONROE AVENUE NWGRAND RAPIDSMI ZIP+4bullet49503
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    RICHARD M DEVOS JR PRESIDENT/DIRECTOR
    1.00
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    ROBERT H SCHIERBEEK VP/COO
    0.10
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    JEFFREY S BOWERMAN VP OF TAX
    0.10
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    RICHARD M DEVOS III DIRECTOR
    1.00
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    ELISABETH DEVOS LOWERY DIRECTOR
    1.00
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    ANDREA DEVOS ABRAHAM DIRECTOR
    1.00
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    RYAN E DEVOS DIRECTOR
    1.00
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    SUSAN E VALCQ TREASURER/SECRETARY
    0.10
    0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    RDV CORPORATION MANAGEMENT FEE 756,662
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    OTTAWA AVENUE PRIVATE CAPITAL MANAGEMENT FEE 205,237
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    741,775
    b
    Average of monthly cash balances.......................
    1b
    735,926
    c
    Fair market value of all other assets (see instructions)................
    1c
    61,571,133
    d
    Total (add lines 1a, b, and c).........................
    1d
    63,048,834
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    63,048,834
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    945,733
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    62,103,101
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,105,155
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    3,105,155
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    24,651
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    22,639
    c
    Add lines 2a and 2b............................
    2c
    47,290
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,057,865
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    206,000
    5
    Add lines 3 and 4............................
    5
    3,263,865
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    3,263,865
    Part XI
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2020
    (c)
    2020
    (d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 3,263,865
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 11,830,511
    b From 2017...... 7,830,675
    c From 2018...... 10,003,141
    d From 2019...... 9,602,521
    e From 2020...... 7,649,238
    f Total of lines 3a through e ........ 46,916,086
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 9,016,299
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2021 distributable amount..... 3,263,865
    e Remaining amount distributed out of corpus 5,752,434
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 52,668,520
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...
    11,830,511
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......
    40,838,009
    10 Analysis of line 9:
    a Excess from 2017.... 7,830,675
    b Excess from 2018.... 10,003,141
    c Excess from 2019.... 9,602,521
    d Excess from 2020.... 7,649,238
    e Excess from 2021.... 5,752,434
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    RICHARD M DEVOS JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    RICHARD M DEVOS JR
    PO BOX 230257
    GRAND RAPIDS,MI49523
    (616) 643-4700
    bThe form in which applications should be submitted and information and materials they should include:
    DETAILS AVAILABLE AT DBDVFOUNDATION.ORG
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MORE INFORMATION ON THE FOUNDATION'S FUNDING PRIORITIES IS AVAILABLE AT DBDVFOUNDATION.ORG
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY
    98 E FULTON ST
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 125,000
    ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY
    98 E FULTON ST
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 20,000
    ALLIANCE FOR SCHOOL CHOICE INC
    1020 19TH ST NW STE 675
    WASHINGTON,DC20036
    NONE PC GENERAL OPERATING 500,000
    ALPHA USA
    1635 EMERSON LN
    NAPERVILLE,IL60540
    NONE PC GENERAL OPERATING 100,000
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    1789 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036
    NONE PC GENERAL OPERATING 250,000
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    1789 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036
    NONE PC CAPITAL CAMPAIGN 100,000
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    1789 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036
    NONE PC PROJECT/PROGRAM - STRATEGIC VENTURE FUND 125,000
    AOPA FOUNDATION
    421 AVIATION WAY
    FREDERICK,MD21701
    NONE PC GENERAL OPERATING 1,000
    ARMED FORCES THANKSGIVING CO FUSION EDUCATION GROUP
    72 MONROE CENTER ST NW
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 2,000
    AYA YOUTH COLLECTIVE
    320 STATE ST SE
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 60,000
    BAXTER COMMUNITY CENTER
    935 BAXTER SE
    GRAND RAPIDS,MI49506
    NONE PC GENERAL OPERATING 5,000
    BE THE MATCH FOUNDATION
    500 N 5TH ST
    MINNEAPOLIS,MN554011206
    NONE PC GENERAL OPERATING 500
    BETHANY CHRISTIAN SERVICES INC
    PO BOX 294
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 25,000
    CALVIN THEOLOGICAL SEMINARY
    3233 BURTON ST SE
    GRAND RAPIDS,MI495464301
    NONE PC GENERAL OPERATING 1,000
    CAPITOL MINISTRIES
    PO BOX 22 22 22
    SANTA CLARITA,CA91322
    NONE PC GENERAL OPERATING 20,000
    CHICAGO CUBS CHARITIES
    1060 W ADDISON ST
    CHICAGO,IL606134566
    NONE PC GENERAL OPERATING 10,000
    CHRISTIAN LEARNING CENTER
    4340 BURLINGAME AVE SW
    WYOMING,MI49509
    NONE PC GENERAL OPERATING 5,500
    CITY OF GRAND RAPIDS
    300 MONROE AVE NW
    GRAND RAPIDS,MI49503
    NONE GOV PROJECT/PROGRAM - GROW 1000 SUMMER YOUTH PROGRAM 2021 20,000
    CLAREMONT INST FOR THE STUDY OF STATESMANSHIP & POLIT PHILOSOPHY
    1317 W FOOTHILL BLVD STE 120
    UPLAND,CA91786
    NONE PC GENERAL OPERATING 40,000
    CLAREMONT INST FOR THE STUDY OF STATESMANSHIP & POLIT PHILOSOPHY
    1317 W FOOTHILL BLVD STE 120
    UPLAND,CA91786
    NONE PC PROJECT/PROGRAM - SHERIFFS FELLOWSHIP 200,000
    COUNCIL OF MICHIGAN FOUNDATIONS INC
    125 OTTAWA NW SUITE 437
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 8,000
    CURE INTERNATIONAL INC
    70 IONIA AVE SW STE 200
    GRAND RAPIDS,MI495035139
    NONE PC GENERAL OPERATING 10,000
    D A BLODGETT-ST JOHNS
    805 LEONARD ST NE
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    DASIE BRIDGEWATER HOPE CENTER INC
    PO BOX 701483 8445 64TH AVE
    WABASSO,FL32970
    NONE PC GENERAL OPERATING 10,000
    DEGAGE MINISTRIES
    144 DIVISION AVE S
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 5,000
    DUTCH AMERICAN COUNCIL
    3755 36TH ST SE STE 300
    GRAND RAPIDS,MI495122913
    NONE PC GENERAL OPERATING 1,000
    DWELLING PLACE OF GRAND RAPIDS NONPROFIT HOUSING CORPORATION
    101 SHELDON BLVD STE 2
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 100,000
    ECLIPTIC AT ROSA PARKS CIRCLE CONSERVANCY
    200 OTTAWA AVE NW STE 500
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    ENDEAVOR DETROIT
    1570 WOODWARD AVE
    DETROIT,MI48226
    NONE PC GENERAL OPERATING 50,000
    FAITH HOSPICE
    2100 RAYBROOK ST SE STE 300
    GRAND RAPIDS,MI49546
    NONE PC GENERAL OPERATING 1,000
    FAMILY PROMISE OF GRAND RAPIDS
    516 CHERRY ST SE
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    FASHION HAS HEART
    289 FRONT AVE SW
    GRAND RAPIDS,MI49504
    NONE PC PROJECT/PROGRAM - VETERAN'S PARK 50,000
    FELLINLOVE FARM
    6364 144TH AVE
    HOLLAND,MI49423
    NONE PC GENERAL OPERATING 2,500
    FESTIVAL OF THE ARTS IN GRAND RAPIDS
    PO BOX 68440
    GRAND RAPIDS,MI49516
    NONE PC GENERAL OPERATING 5,000
    FOUNDATION FOR INDIVIDUAL RIGHTS IN EDUCATION INC
    510 WALNUT ST STE 1250
    PHILADELPHIA,PA19106
    NONE PC GENERAL OPERATING 25,000
    GERALD R FORD FOUNDATION
    303 PEARL ST NW
    GRAND RAPIDS,MI49504
    NONE PC GENERAL OPERATING 5,000
    GILDAS CLUB GRAND RAPIDS
    1806 BRIDGE ST NW
    GRAND RAPIDS,MI49504
    NONE PC GENERAL OPERATING 10,000
    GRAND RAPIDS ART MUSEUM
    101 MONROE CENTER NW
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 25,000
    GRAND RAPIDS CHILDRENS MUSEUM
    11 SHELDON AVE NE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 10,000
    GRAND RAPIDS CIVIC THEATRE INC
    30 N DIVISION AVE
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION
    143 BOSTWICK AVE NE
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION
    143 BOSTWICK AVE NE
    GRAND RAPIDS,MI49503
    NONE PC PROJECT/PROGRAM - GRAND RAPIDS PROMISE ZONE SCHOLARSHIP 50,000
    GRAND RAPIDS DOWNTOWN MARKET EDUCATION FOUNDATION
    435 IONIA AVE SW
    GRAND RAPIDS,MI495035161
    NONE PC GENERAL OPERATING 2,500
    GRAND RAPIDS INITIATIVE FOR LEADERS
    PO BOX 7865
    GRAND RAPIDS,MI49510
    NONE PC GENERAL OPERATING 10,000
    GRAND RAPIDS SWING DANCE INC
    6735 WOODSPOINTE COURT SOUTHWEST
    BYRON CENTER,MI49315
    NONE PC GENERAL OPERATING 10,000
    GRAND RAPIDS SYMPHONY SOCIETY
    300 OTTAWA NW STE 100
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 10,000
    GRAND RAPIDS YOUTH COMMONWEALTH INC
    235 STRAIGHT AVE NW
    GRAND RAPIDS,MI49504
    NONE PC GENERAL OPERATING 5,000
    GREAT LAKES BOAT BUILDING SCHOOL
    485 S MERIDIAN ST
    CEDARVILLE,MI497199790
    NONE PC GENERAL OPERATING 1,000
    GREAT LAKES CENTER FOR THE ARTS
    800 BAY HARBOR DR
    BAY HARBOR,MI49770
    NONE PC GENERAL OPERATING 5,000
    GREATER GRAND RAPIDS CHAMBER FOUNDATION
    250 MONROE AVE NW
    GRAND RAPIDS,MI49503
    NONE PC PROJECT/PROGRAM - OPPORTUNITY FOR ALL 50,000
    GREATER MICHIGAN COUNCIL INC
    3213 WALKER AVE NW
    GRAND RAPIDS,MI49544
    NONE PC GENERAL OPERATING 25,000
    GUIDING LIGHT MISSION INC
    255 DIVISION AVE S
    GRAND RAPIDS,MI495034538
    NONE PC GENERAL OPERATING 1,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    12727 RILEY ST
    HOLLAND,MI49424
    NONE PC CAPITAL CAMPAIGN 50,000
    HEART OF WEST MICHIGAN UNITED WAY
    118 COMMERCE AVE SW STE 100
    GRAND RAPIDS,MI49503
    NONE PC PROJECT/PROGRAM - NEXT 100 FUND 25,000
    HEART OF WEST MICHIGAN UNITED WAY
    118 COMMERCE AVE SW STE 100
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 25,000
    HOLLAND CHRISTIAN EDUCATION SOCIETY
    956 OTTAWA AVE
    HOLLAND,MI49423
    NONE PC GENERAL OPERATING 2,500
    HOLLAND CHRISTIAN EDUCATION SOCIETY
    956 OTTAWA AVE
    HOLLAND,MI49423
    NONE PC CAPITAL CAMPAIGN 100,000
    HOLLAND CHRISTIAN EDUCATION SOCIETY
    956 OTTAWA AVE
    HOLLAND,MI49423
    NONE PC PROJECT/PROGRAM - NEW FAMILY SCHOLARSHIP PROGRAM 51,000
    HOLLAND COMMUNITY AQUATIC CENTER FOUNDATION
    550 MAPLE AVE
    HOLLAND,MI494234764
    NONE PC CAPITAL CAMPAIGN 125,000
    HOMELESS CHILDRENS FOUNDATION OF INDIAN RIVER COUNTY INC
    3240 CARDINAL DR STE 200
    VERO BEACH,FL329634924
    NONE PC GENERAL OPERATING 5,000
    IMPACT BURUNDI
    1132 ELECTRIC AVE
    WAYLAND,MI49348
    NONE PC GENERAL OPERATING 500
    INDIAN RIVER MEMORIAL HOSPITAL INC
    1000 36TH ST
    VERO BEACH,FL32960
    NONE PC GENERAL OPERATING 5,000
    INNER CITY CHRISTIAN FEDERATION
    415 FRANKLIN ST SE STE 100
    GRAND RAPIDS,MI49507
    NONE PC GENERAL OPERATING 25,000
    INSTITUTE FOR ECONOMIC EMPOWERMENT OF WOMEN
    2709 W I 44 SERVICE RD
    OKLAHOMA CITY,OK73112
    NONE PC PROJECT/PROGRAM - PEACE THROUGH BUSINESS 25,000
    INSTITUTE FOR JUSTICE
    901 N GLEBE RD STE 900
    ARLINGTON,VA22203
    NONE PC GENERAL OPERATING 10,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037
    NONE PC GENERAL OPERATING 25,000
    JESSE LEWIS CHOOSE LOVE MOVEMENT INC
    PO BOX 605
    NEWTOWN,CT06470
    NONE PC GENERAL OPERATING 25,000
    JOHN BALL ZOO
    1300 W FULTON ST
    GRAND RAPIDS,MI49504
    NONE PC CAPITAL CAMPAIGN 100,000
    JOHN F KENNEDY CENTER FOR THE PERFORMING ARTS
    PO BOX 101510
    ARLINGTON,VA22210
    NONE PC GENERAL OPERATING 50,000
    KENT COUNTY HABITAT FOR HUMANITY
    425 PLEASANT ST SW
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 5,000
    KENT COUNTY PARKS FOUNDATION
    PO BOX 230165
    GRAND RAPIDS,MI49523
    NONE SO III FI GENERAL OPERATING 5,000
    KIDS HOPE USA INC
    201 W WASHINGTON AVE STE 20
    ZEELAND,MI49464
    NONE PC GENERAL OPERATING 50,000
    LEADERSHIP PROGRAM OF THE ROCKIES
    1777 S HARRISON ST 807
    DENVER,CO802103925
    NONE PC GENERAL OPERATING 5,000
    LIBERTAS INSTITUTE
    2183 W MAIN ST A102
    LEHI,UT84043
    NONE PC PROJECT/PROGRAM - BOOK SERIES 20,000
    LITERACY SERVICES OF INDIAN RIVER COUNTY INC
    1600 21ST S
    VERO BEACH,FL32960
    NONE PC GENERAL OPERATING 2,500
    LIVING STONES ACADEMY
    1415 LYON ST NE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 10,000
    MACATAWA BAY JUNIOR ASSOCIATION
    PO BOX 189
    MACATAWA,MI49434
    NONE PC GENERAL OPERATING 10,000
    MACKINAC CENTER
    140 W MAIN ST PO BOX 568
    MIDLAND,MI486400568
    NONE PC GENERAL OPERATING 50,000
    MARS HILL BIBLE CHURCH
    3501 FAIRLANES AVE SW
    GRANDVILLE,MI49418
    NONE PC GENERAL OPERATING 252,000
    MARS HILL BIBLE CHURCH
    3501 FAIRLANES AVE SW
    GRANDVILLE,MI49418
    NONE PC PROJECT/PROGRAM - MARS HILL GRAND RAPIDS 25,000
    MARY FREE BED REHABILITATION HOSPITAL
    235 WEALTHY ST SE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 10,000
    MENTAL HEALTH FOUNDATION OF WEST MICHIGAN
    160 68TH ST SW
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    MICHIGAN SPORTS ACADEMIES FOUNDATION
    4940 CASCADE RD SE STE 220
    GRAND RAPIDS,MI49546
    NONE PC GENERAL OPERATING 10,000
    MUSEUM OF THE BIBLE INC
    7507 SW 44TH ST
    OKLAHOMA CITY,OK73179
    NONE PC CAPITAL CAMPAIGN 50,000
    NARDIN PARK UNITED METHODIST CHURCH
    29887 W 11 MILE RD
    FARMINTON HILLS,MI483361309
    NONE PC GENERAL OPERATING 500
    NATIONAL REVIEW INSTITUTE
    19 WEST 44TH ST STE 1701
    NEW YORK,NY10036
    NONE PC GENERAL OPERATING 100,000
    NEW CITY KIDS INC
    936 ALPINE AVE NW
    GRAND RAPIDS,MI49504
    NONE PC PROJECT/PROGRAM - NEW CITY KIDS ACADEMY 5,000
    NIA CENTRE
    PO BOX 6166
    GRAND RAPIDS,MI49516
    NONE PC GENERAL OPERATING 1,000
    NORTHWOOD UNIVERSITY
    4000 WHITING DR
    MIDLAND,MI48640
    NONE PC CAPITAL CAMPAIGN 250,000
    ODC NETWORK
    A-4214 56TH ST
    HOLLAND,MI49423
    NONE PC PROJECT/PROGRAM - PROJECT CLARITY 125,000
    OPERA GRAND RAPIDS
    1320 EAST FULTON
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 5,000
    ORLANDO MAGIC YOUTH FOUNDATION INC
    8701 MAITLAND SUMMIT BLVD
    ORLANDO,FL32810
    NONE PC GENERAL OPERATING 315,000
    OTTAWA COUNTY PARKS FOUNDATION INC
    PO BOX 314
    WEST OLIVE,MI49460
    NONE PC CAPITAL CAMPAIGN 50,000
    PARTNERS RELIEF & DEVELOPMENT
    PO BOX 1992
    GRAND RAPIDS,MI49501
    NONE PC GENERAL OPERATING 10,000
    PARTNERS RELIEF & DEVELOPMENT
    PO BOX 1992
    GRAND RAPIDS,MI49501
    NONE PC PROJECT/PROGRAM - AFGHANISTAN CRISIS 20,000
    PARTNERS RELIEF & DEVELOPMENT
    PO BOX 1992
    GRAND RAPIDS,MI49501
    NONE PC PROJECT/PROGRAM - COMMUNITY HEALTH WORKERS 10,000
    PARTNERS WORLDWIDE
    6139 TAHOE DR SE
    GRAND RAPIDS,MI49546
    NONE PC GENERAL OPERATING 25,000
    PHILANTHROPY ROUNDTABLE
    1120 20TH ST STE 550 S
    WASHINGTON,DC20036
    NONE PC GENERAL OPERATING 50,000
    POTTERS HOUSE
    810 VAN RAALTE DR SW
    WYOMING,MI49509
    NONE PC GENERAL OPERATING 300,000
    PRAGER UNIVERSITY FOUNDATION
    15021 VENTURA BLVD 552
    SHERMAN OAKS,CA91403
    NONE PC GENERAL OPERATING 50,000
    PREGNANCY RESOURCE CENTER
    415 CHERRY ST SE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 20,000
    REHOBOTH CHRISTIAN SCHOOL ASSOCIATION
    PO BOX 41
    REHOBOTH,NM873220041
    NONE PC PROJECT/PROGRAM - TUITION ASSISTANCE 20,000
    RIGHT TO LIFE OF MICHIGAN EDUCATIONAL FUND
    2340 PORTER ST SW
    GRAND RAPIDS,MI495090901
    NONE PC GENERAL OPERATING 25,000
    ROLLINS COLLEGE
    1000 HOLT AVE 2749
    WINTER PARKS,FL32789
    NONE PC PROJECT/PROGRAM - MR. FRED ROGERS SCULPTURE ACQUISITION 75,000
    SAFE HAVEN MINISTRIES INC
    2627 BIRCHCREST DR SE
    GRAND RAPIDS,MI49506
    NONE PC GENERAL OPERATING 5,000
    SAMARITANS PURSE
    PO BOX 3000
    BOONE,NC286073000
    NONE PC GENERAL OPERATING 500
    SCHENECTADY COMMUNITY HOME INC
    PO BOX 2122
    SCOTIA,NY123020122
    NONE PC GENERAL OPERATING 2,500
    SCHOOL OF MISSIONARY AVIATION TECHNOLOGY
    84 E SPRAGUE RD
    IONIA,MI48846
    NONE PC CAPITAL CAMPAIGN 60,000
    SMITHSONIAN INSTITUTE
    PO BOX 37012 MRC 035
    WASHINGTON,DC20013
    NONE PC CAPITAL CAMPAIGN 200,000
    ST AUSTIN CATHOLIC SCHOOL
    1911 SAN ANTONIO ST
    AUSTIN,TX787055517
    NONE PC GENERAL OPERATING 500
    ST CECILIA MUSIC SOCIETY
    24 RANSOM AVE NE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 5,000
    STAND TOGETHER FOUNDATION
    PO BOX 45913
    BALTIMORE,MD212975913
    NONE PC GENERAL OPERATING 100,000
    START GARDEN LLC
    40 PEARL ST NW 200
    GRAND RAPIDS,MI495033028
    NONE PC GENERAL OPERATING 200,000
    STEPHENS CHILDREN FOUNDATION INC
    5420 BECKLEY ROAD 103
    BATTLE CREEK,MI490155719
    NONE PC GENERAL OPERATING 5,000
    STREAMS OF HOPE
    280 60TH ST SE
    GRAND RAPIDS,MI49548
    NONE PC GENERAL OPERATING 10,000
    STUDENT FREEDOM INITIATIVE INC
    633 PENNSYLVANIA AVE NW 5TH FLOOR
    WASHINGTON,DC20004
    NONE PC PROJECT/PROGRAM - EDUCATION WITH A PURPOSE 500,000
    TALL TURF MINISTRIES
    2010 KALAMAZOO AVE SE
    DENVER,MI49507
    NONE PC GENERAL OPERATING 1,000
    TEACHERS WHO PRAY INC
    PO BOX 410392
    CHICAGO,IL60641
    NONE PC GENERAL OPERATING 40,000
    THE CHILDRENS SCHOLARSHIP FUND
    8 WEST 38TH ST 9TH FLR
    NEW YORK,NY10018
    NONE PC GENERAL OPERATING 5,000
    TREE OF LIFE SCHOOL
    2001 CAMERON ST
    KALAMAZOO,MI49001
    NONE PC PROJECT/PROGRAM - SUPPORT-A-SCHOLAR 4,000
    TRUSUCCESS INC
    7484 CANDLEWOOD DR SE
    GRAND RAPIDS,MI49546
    NONE PC GENERAL OPERATING 2,500
    UNITED AGAINST POVERTY INC
    1400 27TH STREET
    VERO BEACH,FL32960
    NONE PC GENERAL OPERATING 10,000
    UNIVERSITY OF MARYLAND COLLEGE PARK FOUNDATION INC
    4603 CALVERT RD
    COLLEGE PARK,MD20740
    NONE PC CAPITAL CAMPAIGN 750,000
    VAN ANDEL RESEARCH INSTITUTE
    333 BOSTWICK AVE NE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 10,000
    VERO BEACH MUSEUM OF ART INC
    3001 RIVERSIDE PARK DR
    VERO BEACH,FL32963
    NONE PC GENERAL OPERATING 7,000
    VICTIMS OF COMMUNISM MEMORIAL FOUNDATION INC
    300 NEW JERSEY AVE NW SUITE 900
    WASHINGTON,DC200012030
    NONE PC GENERAL OPERATING 15,000
    VISION TO LEARN
    12100 WILSHIRE BLVD STE 1275
    LOS ANGELES,CA90025
    NONE PC GENERAL OPERATING 50,000
    WEDGWOOD CHRISTIAN SERVICES
    3300 36TH ST SE
    GRAND RAPIDS,MI49512
    NONE PC GENERAL OPERATING 5,000
    WEST MICHIGAN AVIATION ACADEMY FOUNDATION
    5363 44TH ST SE
    GRAND RAPIDS,MI49512
    NONE PC CAPITAL CAMPAIGN 265,000
    WEST MICHIGAN AVIATION ACADEMY FOUNDATION
    5363 44TH ST SE
    GRAND RAPIDS,MI49512
    NONE PC GENERAL OPERATING 155,000
    WEST MICHIGAN CHRISTIAN FOUNDATION
    4670 E FULTON ST STE 204
    ADA,MI49301
    NONE PC GENERAL OPERATING 1,000
    WEST MICHIGAN HISPANIC CHAMBER OF COMMERCE FOUNDATION
    2007 DIVISION AVE S
    GRAND RAPIDS,MI49507
    NONE PC GENERAL OPERATING 1,000
    WEST MICHIGAN HOCKEY YOUTH FOUNDATION INC
    130 W FULTON
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 11,000
    WEST MICHIGAN HORTICULTURAL SOCIETY INC
    1000 E BELTLINE AVE NE
    GRAND RAPIDS,MI49525
    NONE PC CAPITAL CAMPAIGN 250,000
    WILLOW CREEK ASSOCIATION
    PO BOX 3188
    BARRINGTON,IL60011
    NONE PC GENERAL OPERATING 500,000
    WINDSOR CHARITABLE FOUNDATION INC
    3125 WINDSOR BLVD
    VERO BEACH,FL32963
    NONE PC GENERAL OPERATING 2,500
    WOMENS RESOURCE CENTER
    678 FRONT NW STE 180
    GRAND RAPIDS,MI49504
    NONE PC PROJECT/PROGRAM - NEW BEGINNINGS 10,000
    WOODSON CENTER
    1625 K ST NW STE 410
    WASHINGTON,DC200061613
    NONE PC GENERAL OPERATING 25,000
    YOUNG LIFE
    420 N CASCADE AVE
    COLORADO SPRINGS,CO80903
    NONE PC GENERAL OPERATING 4,000
    Total .................................bullet 3a 8,219,500
    bApproved for future payment
    ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY
    98 E FULTON ST
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 125,000
    AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
    1789 MASSACHUSETTS AVE NW
    WASHINGTON,DC20036
    NONE PC PROJECT/PROGRAM - STRATEGIC VENTURE FUND 375,000
    DONORS TRUST INC
    1800 DIAGONAL ROAD SUITE 280
    ALEXANDRIA,VA22314
    NONE PC GENERAL OPERATING 10,000
    WILLOW CREEK ASSOCIATION
    PO BOX 3188
    BARRINGTON,IL60011
    NONE PC GENERAL OPERATING 900,000
    GRAND RAPIDS CIVIC THEATRE INC
    30 N DIVISION AVE
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 50,000
    HOLLAND COMMUNITY AQUATIC CENTER FOUNDATION
    550 MAPLE AVE
    HOLLAND,MI494234764
    NONE PC CAPITAL CAMPAIGN 125,000
    INSTITUTE FOR CULTURAL EVOLUTION
    743 PINE ST
    BOULDER,CO803024741
    NONE PC GENERAL OPERATING 34,000
    JOHN BALL ZOO
    1300 W FULTON ST
    GRAND RAPIDS,MI49504
    NONE PC CAPITAL CAMPAIGN 200,000
    LIVING STONES ACADEMY
    1415 LYON ST NE
    GRAND RAPIDS,MI49503
    NONE PC GENERAL OPERATING 40,000
    MENTAL HEALTH FOUNDATION OF WEST MICHIGAN
    160 68TH ST SW
    GRAND RAPIDS,MI49503
    NONE PC CAPITAL CAMPAIGN 25,000
    ODC NETWORK
    A-4214 56TH ST
    HOLLAND,MI49423
    NONE PC PROJECT/PROGRAM - PROJECT CLARITY 125,000
    STUDENT FREEDOM INITIATIVE INC
    633 PENNSYLVANIA AVE NW 5TH FLOOR
    WASHINGTON,DC20004
    NONE PC PROJECT/PROGRAM - EDUCATION WITH A PURPOSE 500,000
    VISION TO LEARN
    12100 WILSHIRE BLVD STE 1275
    LOS ANGELES,CA90025
    NONE PC GENERAL OPERATING 50,000
    WEST MICHIGAN AVIATION ACADEMY FOUNDATION
    5363 44TH ST SE
    GRAND RAPIDS,MI49512
    NONE PC CAPITAL CAMPAIGN 50,000
    Total .................................bullet 3b 2,609,000
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........
        14 105  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 -4,819,803  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 -1,472,193 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    -1,472,193
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2021
    Name of the organization
    DICK AND BETSY DEVOS FAMILY FOUNDATION
     
    Employer identification number

    38-2902412
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    DICK AND BETSY DEVOS FAMILY FOUNDATION
     
    Employer identification number
    38-2902412
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    1
    DICK AND BETSY DEVOS
     
    200 MONROE AVENUE NW
     
    GRAND RAPIDS, MI49503

    $ 5,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
     
     
     
     

    $  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    DICK AND BETSY DEVOS FAMILY FOUNDATION
     
    Employer identification number

    38-2902412
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    (a)
    No. from Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (See instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    DICK AND BETSY DEVOS FAMILY FOUNDATION
     
    Employer identification number

    38-2902412
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I
    (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,710 471   3,768

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MULTIPLAN CORPORATION (COMMON STOCK) 935,681 1,302,801
    INNOVATION TECH INVESTORS, INC (SERIES B COMMON) 631,173 0

    TY 2021 InvestmentsOtherSchedule2
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ROUNDTABLE HEALTHCARE CAPITAL PARTNERS III, LP FMV 4,564,453 3,987,612
    PRUDENTIAL CAPITAL PARTNERS V, LP FMV 5,825,822 5,004,029
    PARTNERS GROUP CLIENT ACCESS 25, LP. INC. FMV 5,910,905 19,897,352
    FREEDOM CAPITAL MANAGEMENT, LP FMV 22,871,592 22,871,592
    BDT RYE HOLDINGS, LLC FMV 2,739,777 3,036,419
    BDT CAPITAL PARTNERS ANNEX FUND 1-A, LP FMV 4,276,062 7,514,550
    KCC TW INVESTORS, LLC FMV 0 101,623
    INNOVATION TECH INVESTORS, INC (SENIOR TERM LOAN) FMV 113,064 113,064
    FREEDOM ASSET MANAGEMENT, LP II FMV 0 112,235

    TY 2021 OtherAssetsSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ICCF HOMES LLC - NOTE RECEIVABLE 1,000,000 1,000,000 1,000,000
    JOURNEY ACADEMY 350,000 344,000 344,000
    ARTPRIZE GRAND RAPIDS 800,000 400,000 400,000


    TY 2021 OtherDecreasesSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Description Amount
    PROGRAM RELATED INVESTMENT FORGIVENESS - ART PRIZE 200,000


    TY 2021 OtherExpensesSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 1,243 0   1,243
    COMPUTER SERVICES 23,659 0   23,659
    POSTAGE EXPENSE 84 0   84


    TY 2021 OtherIncomeSchedule2
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM PARTNERSHIPS - PER BOOKS 2,925,949 0 0
    FROM PARTNERSHIPS - SEE STATEMENT 0 1,567,961 0


    TY 2021 OtherLiabilitiesSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Description Beginning of Year - Book Value End of Year - Book Value
    MISC. PAYABLES 767 929


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 961,899 215,748   744,135
    CUSTODIAL/BANK FEES 567 0   567
    CONSULTING/OTHER 23,230 0   23,230


    TY 2021 TaxesSchedule
    Name:
    DICK AND BETSY DEVOS FAMILY FOUNDATION
    EIN:
    38-2902412
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 55,000 0   0