Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
DOUGLAS & MARIA DEVOS 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

38-3035972
B Telephone number (see instructions)

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

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$84,045,861J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 677 677  
4 Dividends and interest from securities... 383,752 421,213  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 633,699
b Gross sales price for all assets on line 6a 1,957,871
7 Capital gain net income (from Part IV, line 2)... 21,047,999
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)....... Click to see attachment
List of Attached Documents:
// Content
22,107,172 1,012,018  
12 Total. Add lines 1 through 11........ 23,125,300 22,481,907  
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).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
1,743,080 328,666   1,411,195
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
46,474 6,474   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 32,878 0   32,878
22 Printing and publications.......... 3,734 0   3,734
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
124,310 0   124,310
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,950,476 335,140   1,572,117
25 Contributions, gifts, grants paid....... 14,499,800 14,499,800
26 Total expenses and disbursements. Add lines 24 and 25 16,450,276 335,140   16,071,917
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 6,675,024
b Net investment income (if negative, enter -0-) 22,146,767
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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......... 524,716 -19,491 -19,491
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
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)....... 2,848,301 Click to see attachment
List of Attached Documents:
// Content
33,196,011 		31,140,530
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 76,236,017 Click to see attachment
List of Attached Documents:
// Content
53,027,788 		52,602,447
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
312,375 		Click to see attachment
List of Attached Documents:
// Content
322,375 		Click to see attachment
List of Attached Documents:
// Content
322,375
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 79,921,409 86,526,683 84,045,861
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 right arrow) Click to see attachment
List of Attached Documents:
// Content
84,522 		Click to see attachment
List of Attached Documents:
// Content
14,772
23 Total liabilities (add lines 17 through 22)......... 84,522 14,772
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
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 79,836,887 86,511,911
29 Total net assets or fund balances (see instructions)..... 79,836,887 86,511,911
30 Total liabilities and net assets/fund balances (see instructions). 79,921,409 86,526,683
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
79,836,887
2
Enter amount from Part I, line 27a .....................
2
6,675,024
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
86,511,911
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
86,511,911
Form 990-PF (2022)
Form 990-PF (2022)
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 FROM PARTNERSHIPS - SEE STATEMENT P 2022-01-01 2022-12-31
b KEURIG DR PEPPER INC P 2020-06-11 2022-07-05
c KEURIG DR PEPPER INC P 2020-09-08 2022-07-05
d
e
(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       20,414,300
b 1,585,033   1,071,425 513,608
c 372,838   252,747 120,091
d
e
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       20,414,300
b       513,608
c       120,091
d
e
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 21,047,999
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 307,840
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........................... 3 307,840
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- ..... 5 307,840
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 61,639
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 285,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 346,639
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 38,799
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow38,799 Refundedright arrow 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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMI
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowDMDEVOSFOUNDATION.ORG
14
The books are in care ofright arrowROBERT H SCHIERBEEK Telephone no.right arrow (616) 643-4700

Located atright arrow200 MONROE AVENUE NWGRAND RAPIDSMI ZIP+4right arrow49503
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
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
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
DOUGLAS L DEVOS PRESIDENT/DIRECTOR
1.50 		0 0 0
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
MARIA P DEVOS VICE PRESIDENT/DIRECTOR
1.50 		0 0 0
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
ROBERT H SCHIERBEEK VP/COO/DIRECTOR
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
SUSAN E VALCQ TREASURER/SECRETARY
0.10 		0 0 0
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
NICHOLAS J THOLE VICE PRESIDENT
0.10 		0 0 0
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
JASON ZYLSTRA FOUNDATION MANAGER
4.00 		0 0 0
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
PAMELA PARRIOTT FOUNDATION MANAGER
16.00 		0 0 0
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
LUIS LUGO FOUNDATION MANAGER
16.00 		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...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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 617,137
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
OTTAWA AVENUE PRIVATE CAPITAL MANAGEMENT FEE 294,728
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
BASIS POLICY RESEARCH LLC RESEARCH CONSULTANTING SERVICES 141,661
1059 WEALTHY ST SE STE 203
GRAND RAPIDS,MI49506
SEYFERTH PR COMMUNICATIONS CONSULTANT 71,846
40 MONROE CENTER ST NW STE 202
GRAND RAPIDS,MI49503
TIFFANY MCCURLEY BIERLEIN DESIGNS LLC CONSULTANT 51,075
1405 W MAPLE ST
KALAMAZOO,MI49008
Total number of others receiving over $50,000 for professional services.............right arrow0
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 CONGREGATIONAL INITIATIVES CONGREGATIONAL INITITATIVES SUPPORTS THE GROWTH OF PASTORS AND OTHER CONGREGATIONAL LEADERS BY PROVIDING COURSE WORK AND TECHNICAL ASSISTANCE TO TRAIN CLERGY AND LAY CHURCH LEADERS TO PRACTICALLY APPLY METHODS OF ENGAGING COMMUNITY IN ORDER TO STRENGTHEN CHILDREN AND FAMILIES WHILE LEVERAGING THE POWER OF COMMUNITY. 505,146
2 CAREER PATHWAYS (PREVIOUSLY "BELIEVE 2 BECOME")CAREER PATHWAYS SEEKS TO SUPPORT AT-RISK CHILDREN AND THEIR FAMILIES IN GREATER GRAND RAPIDS, MICHIGAN, BY WORKING WITH RESIDENTS, SERVICE PROVIDERS, SCHOOLS, CONGREGATIONS AND COMMUNITY ORGANIZATIONS. THE NETWORK OF SUPPORT INCLUDES SUMMER ENRICHMENT EXPERIENCES FOR STUDENTS, PRESCHOOL LEARNING OPPORTUNITIES, WORKSHOPS AND MENTORING FOR PARENTS, AND POSITIVE RECOGNITION FOR ACHIEVEMENT. 152,252
3 EDNETTHE EDUCATION NETWORK OF GREATER GRAND RAPIDS (EDNET) PROVIDES PROFESSIONAL SUPPORT FOR LOCAL TEACHERS, PRINCIPALS AND OTHER EDUCATORS WITH THE GOAL OF INCREASING ACADEMIC ACHIEVEMENT AMONG LOWER INCOME AND CHILDREN OF COLOR IN OUR URBAN SCHOOLS. 147,397
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 RENDE PROGRESS CAPITALTHE DOUGLAS AND MARIA DEVOS FOUNDATION ("FOUNDATION") HAS MADE A NO-INTEREST LOAN TO RENDE PROGRESS CAPITAL ("RPC") TO ASSIST WITH ITS MISSION OF PROVIDING BUSINESS LOANS AND TECHNICAL SUPPORT TO MINORITY-OWNED BUSINESSES IN THE AREA OF GREATER GRAND RAPIDS, MICHIGAN.IN 2022, RENDE PROGRESS CAPITAL BORROWED $10,000 ON A NOTE ISSUED IN 2020. THE OUTSTANDING BALANCE OF THE NOTE AS OF DECEMBER 31, 2022 WAS $72,375. 10,000
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow10,000
Form 990-PF (2022)
Form 990-PF (2022)
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
17,324,688
b
Average of monthly cash balances.......................
1b
129,364
c
Fair market value of all other assets (see instructions)................
1c
75,380,694
d
Total (add lines 1a, b, and c).........................
1d
92,834,746
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
92,834,746
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,392,521
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
91,442,225
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,572,111
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
4,572,111
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
307,840
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
307,840
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,264,271
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
4,264,271
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
4,264,271
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
16,071,917
b
Program-related investments—total from Part VIII-B..................
1b
10,000
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
16,081,917
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 4,264,271
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 22,510,889
b From 2018...... 17,889,419
c From 2019...... 14,482,260
d From 2020...... 18,064,274
e From 2021...... 14,449,694
f Total of lines 3a through e ........ 87,396,536
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 16,081,917
a Applied to 2021, 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 2022 distributable amount..... 4,264,271
e Remaining amount distributed out of corpus 11,817,646
5 Excess distributions carryover applied to 2022. 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 99,214,182
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 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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 2017 not
applied on line 5 or line 7 (see instructions) ... 		22,510,889
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		76,703,293
10 Analysis of line 9:
a Excess from 2018.... 17,889,419
b Excess from 2019.... 14,482,260
c Excess from 2020.... 18,064,274
d Excess from 2021.... 14,449,694
e Excess from 2022.... 11,817,646
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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).)
DOUGLAS L DEVOS
MARIA P DEVOS
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
DOUGLAS MARIA DEVOS
200 MONROE AVENUE NW
GRAND RAPIDS,MI49503
(616) 643-4700
bThe form in which applications should be submitted and information and materials they should include:
DETAILS AVAILABLE AT DMDEVOSFOUNDATION.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 DMDEVOSFOUNDATION.ORG
Form 990-PF (2022)
Form 990-PF (2022)
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

ACCESS OF WEST MICHIGAN

1700 28TH STREET SE
GRAND RAPIDS,MI49508 		NONE PC GENERAL OPERATING 30,000

ACTON INSTITUTE FOR THE STUDY OF RELIGION AND LIBERTY

98 FULTON ST E
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 80,000

ALLIANCE FOR CHILDREN EVERYWHERE

PO BOX 55145
SEATTLE,WA98155 		NONE PC PROJECT/PROGRAM - STUDENTS AND FAMILIES IN ZAMBIA 60,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH

1789 MASSACHUSETTS AVE NW
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING 250,000

ARTPRIZE GRAND RAPIDS

PO BOX 3340
GRAND RAPIDS,MI495013340 		NONE PC GENERAL OPERATING 25,000

ASOCIACION PARA LA EDUCACION TEOLOGICA HISPANA INC

PO BOX 677848
ORLANDO,FL32867 		NONE PC PROJECT/PROGRAM - UCLC PROGRAMMING 5,000

AYA YOUTH COLLECTIVE

320 STATE ST SE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 20,000

BASE CAMP URBAN OUTREACH

1675 BALDWIN STREET
JENISON,MI49528 		NONE PC GENERAL OPERATING 15,000

BAXTER COMMUNITY CENTER

935 BAXTER STREET SE
GRAND RAPIDS,MI49506 		NONE PC PROJECT/PROGRAM - BAXTER CHILD DEVELOPMENT CENTER 40,000

BAY VIEW ASSOCIATION OF THE UNITED METHODIST CHURCH

PO BOX 583
PETOSKY,MI49770 		NONE PC GENERAL OPERATING 1,000

BETHANY CHRISTIAN SERVICES INC

901 EASTERN AVENUE NE PO BOX 294
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 116,000

BOYS & GIRLS CLUBS OF GRAND RAPIDS

235 STRAIGHT AVE NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL OPERATING 50,000

BRIDGE STREET MINISTRIES

1054 BRIDGE ST NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL OPERATING 15,000

BRODY'S BE CAFE LLC

7267 THORNAPPLE RIVER DRIVE SE
ADA,MI493018405 		NONE PC GENERAL OPERATING 2,000

CALVIN UNIVERSITY

3201 BURTON STREET SE
GRAND RAPIDS,MI49546 		NONE PC PROJECT/PROGRAM - JANUARY SERIES 100,000

CEDAR SPRINGS PUBLIC SCHOOLS

204 EAST MUSKEGON STREET
CEDAR SPRINGS,MI493199326 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

CHARLEVOIX HUMANE SOCIETY

614 BEARDSLEY STREET
BOYNE CITY,MI497129035 		NONE PC GENERAL OPERATING 500

CHILDREN'S HEALING CENTER

1530 FULTON STREET EAST
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 20,000

CHILDRENS ADVOCACY CENTER OF KENT COUNTY

2855 MICHIGAN STREET NE
GRAND RAPIDS,MI49506 		NONE PC GENERAL OPERATING 40,000

CITY OF GRAND RAPIDS

300 MONROE AVE NW
GRAND RAPIDS,MI49503 		NONE GOV PROJECT/PROGRAM - GROW 1000 SUMMER YOUTH PROGRAM 2022 50,000

COMMUNITY FOOD CLUBS

1100 DIVISION AVE
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 35,000

COMMUNITY MINISTRIES PROGRAM - TRINITY UNITED METHODIST CHURCH

1100 LAKE DRIVE SE
GRAND RAPIDS,MI49506 		NONE PC GENERAL OPERATING 10,000

COMSTOCK PARK PUBLIC SCHOOLS

101 SCHOOL STREET NE
COMSTOCK PARK,MI49321 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

COREWELL HEALTH FOUNDATION

100 MICHIGAN ST NE
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - 2022 BABY SCHOLARS: STRONG BEGINNINGS 162,000

COREWELL HEALTH FOUNDATION

100 MICHIGAN ST NE
GRAND RAPIDS,MI49503 		NONE PC CAPITAL CAMPAIGN 150,000

COREWELL HEALTH FOUNDATION

100 MICHIGAN ST NE
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - CLINICAL PASTORAL EDUCATION 50,000

COUNCIL OF MICHIGAN FOUNDATIONS INC

125 OTTAWA NW SUITE 437
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 10,700

COVENANT HOUSE MICHIGAN

2959 MARTIN LUTHER KING JR BLVD
DETROIT,MI48208 		NONE PC GENERAL OPERATING 25,000

D A BLODGETT-ST JOHNS

805 LEONARD ST NE
GRAND RAPIDS,MI49503 		NONE PC CAPITAL CAMPAIGN 150,000

DEGAGE MINISTRIES

139 SHELDON AVE SE
GRAND RAPIDS,MI495034211 		NONE PC GENERAL OPERATING 25,000

ELE'S PLACE INC

2000 MICHIGAN STREET NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 15,000

EVANS SCHOLARS FOUNDATION

2501 PATRIOT BLVD
GLENVIEW,IL600268022 		NONE PC CAPITAL CAMPAIGN 2,500

EXALTA HEALTH

2060 DIVISION AVE S
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 30,000

FOREST HILLS PUBLIC SCHOOLS

6590 CASCADE ROAD SE
GRAND RAPIDS,MI495466497 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 10,000

FREDERIK MEIJER GARDENS AND SCULPTURE PARK

1000 E BELTLINE AVE NE
GRAND RAPIDS,MI49525 		NONE PC GENERAL OPERATING 1,000

GEORGETOWN CHRISTIAN FELLOWSHIP

3668 PORT SHELDON STREET
HUDSONVILLE,MI494267897 		NONE PC GENERAL OPERATING 500

GERALD R FORD PRESIDENTIAL FOUNDATION

303 PEARL ST NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL OPERATING 2,000

GILDA'S CLUB GRAND RAPIDS

1806 BRIDGE STREET NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL OPERATING 10,000

GIRLS CHORAL ACADEMY

2920 FULLER AVE NE SUITE 104
GRAND RAPIDS,MI49505 		NONE PC GENERAL OPERATING 20,000

GODFREY-LEE PUBLIC SCHOOLS

1324 BURTON ST SW
WYOMING,MI49509 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

GODWIN HEIGHTS PUBLIC SCHOOLS

15 36TH STREET SW
WYOMING,MI49548 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 6,650

GRAND ACTION FOUNDATION 20

125 OTTAWA NW SUITE 152
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 50,000

GRAND RAPIDS ART MUSEUM

101 MONROE CENTER STREET NW
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 20,000

GRAND RAPIDS CHILD DISCOVERY CENTER

409 LAFAYETTE AVE SE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 5,000

GRAND RAPIDS CHILDREN'S MUSEUM

11 SHELDON AVENUE NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 10,000

GRAND RAPIDS CHRISTIAN SCHOOLS

2400 PLYMOUTH AVE SE
GRAND RAPIDS,MI49506 		NONE PC PROJECT/PROGRAM - EAGLE ATHLETIC BOOSTERS 10,000

GRAND RAPIDS CHRISTIAN SCHOOLS

2400 PLYMOUTH AVE SE
GRAND RAPIDS,MI49506 		NONE PC CAPITAL CAMPAIGN 400,000

GRAND RAPIDS COMMUNITY FOUNDATION

185 OAKES SW
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - NONPROFIT TECHNICAL ASSISTANCE FUND 2022 25,000

GRAND RAPIDS COMMUNITY FOUNDATION

185 OAKES SW
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 1,000

GRAND RAPIDS GRIFFINS YOUTH FOUNDATION

130 W FULTON
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 6,500

GRAND RAPIDS INITIATIVE FOR LEADERS

PO BOX 7865
GRAND RAPIDS,MI49510 		NONE PC GENERAL OPERATING 30,000

GRAND RAPIDS PUBLIC SCHOOLS

PO BOX 117 1331 FRANKLIN SE
GRAND RAPIDS,MI495010117 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 46,350

GRAND RAPIDS PUBLIC SCHOOLS FOUNDATION

THE LEDYARD BLDG 125 OTTAWA AVE NW
STE 210
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - GR8 SPORTS, GREAT KIDS 135,000

GRAND RAPIDS PUBLIC SCHOOLS FOUNDATION

THE LEDYARD BLDG 125 OTTAWA AVE NW
STE 210
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 10,000

GRAND RAPIDS URBAN LEAGUE

745 EASTERN AVE SE
GRAND RAPIDS,MI495035544 		NONE PC GENERAL OPERATING 2,500

GRAND VALLEY STATE UNIVERSITY

1030 JHZ 1 CAMPUS DRIVE
ALLENDALE,MI49401 		NONE PC PROJECT/PROGRAM - STORYTIME GRAND RAPIDS 15,000

GRANDVILLE AVENUE ARTS AND HUMANITIES INC

644 GRANDVILLE AVENUE SW
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 25,000

GREAT LAKES CENTER FOR THE ARTS

800 BAY HARBOR DRIVE
BAY HARBOR,MI49770 		NONE PC GENERAL OPERATING 10,000

GREATER GRAND RAPIDS CHAMBER FOUNDATION

250 MONROE AVE NW
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - OPPORTUNITY FOR ALL 1,982,500

GREATER GRAND RAPIDS CHAMBER FOUNDATION

250 MONROE AVE NW
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - INNOVATION GRANT 275,600

GUIDING LIGHT MISSION INC

255 DIVISION AVE S
GRAND RAPIDS,MI495034538 		NONE PC GENERAL OPERATING 10,000

HEART OF WEST MICHIGAN UNITED WAY

118 COMMERCE AVENUE SW SUITE 100
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 125,000

HELEN DEVOS CHILDREN'S HOSPITAL FOUNDATION

100 MICHIGAN ST NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 150,000

HISPANIC CENTER OF WESTERN MICHIGAN INC

1204 GRANDVILLE AVE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 2,500

HOME REPAIR SERVICES OF KENT COUNTY

1100 S DIVISION AVE
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 25,000

HOSANNA - FAITH COMES BY HEARING

2421 AZTEC RD NE
ALBUQUERQUE,NM87107 		NONE PC GENERAL OPERATING 15,000

HURON ACADEMY

36301 UTICA ROAD
CLINTON TOWNSHIP,MI48035 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

ICCF COMMUNITY HOMES

415 MARTIN LUTHER KING JR ST SE STE
100
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 30,000

INLAND LAKE YACHTING ASSOCIATION INC

PO BOX 662
TROY,WI53120 		NONE PC PROJECT/PROGRAM - US SAILING TEAM 2,500

JASON KINZLER FAMILY FIRST FOUNDATION

PO BOX 38
LOWELL,MI49331 		NONE PC GENERAL OPERATING 9,000

K-CONNECT

401 HALL ST SW SUITE 385
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 125,000

KENT CITY COMMUNITY SCHOOLS

200 NORTH CLOVER STREET
KENT CITY,MI49330 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

KENT INTERMEDIATE SCHOOL DISTRICT

2930 KNAPP STREET NE
GRAND RAPIDS,MI49525 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

KENTWOOD PUBLIC SCHOOLS

5820 EASTERN AVE
KENTWOOD,MI49508 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 30,000

KEYSTONE COMMUNITY CHURCH

655 SPAULDING AVE
ADA,MI49301 		NONE PC CAPITAL CAMPAIGN 250,000

KEYSTONE COMMUNITY CHURCH

655 SPAULDING AVE
ADA,MI49301 		NONE PC PROJECT/PROGRAM - MINISTRY SUPPORT 20,000

KEYSTONE COMMUNITY CHURCH

655 SPAULDING AVE
ADA,MI49301 		NONE PC GENERAL OPERATING 100,000

KIDS' FOOD BASKET

1300 PLYMOUTH AVE NE
GRAND RAPIDS,MI49505 		NONE PC GENERAL OPERATING 7,500

LAWRENCE TECHNOLOGICAL UNIVERSITY

21000 W TEN MILE RD
SOUTHFIELD,MI480750000 		NONE PC PROJECT/PROGRAM - CENTREPOLIS 100,000

LEADING EDUCATORS INC

201 SAINT CHARLES AVE STE 114 257
NEW ORLEANS,LA70170 		NONE PC PROJECT/PROGRAM - EDNET 2022 900,000

LIFE INTERNATIONAL INC

72 RANSOM AVE NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 30,000

LITERACY CENTER OF WEST MICHIGAN

1120 MONROE AVENUE NW SUITE 240
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 25,000

LIVING STONES ACADEMY

1415 LYON ST NE
GRAND RAPIDS,MI49503 		NONE PC CAPITAL CAMPAIGN 90,000

LOWELL AREA SCHOOLS

300 HIGH ST
LOWELL,MI49331 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

LUIS PALAU ASSOCIATION

PO BOX 50
PORTLAND,OR97207 		NONE PC GENERAL OPERATING 150,000

MACKINAC CENTER

140 WEST MAIN STREET PO BOX 568
MIDLAND,MI486400568 		NONE PC GENERAL OPERATING 125,000

MAKE-A-WISH FOUNDATION OF MICHIGAN

25 MICHIGAN ST NE STE 1200
GRAND RAPIDS,MI495032515 		NONE PC CAPITAL CAMPAIGN 20,000

MICHIGAN CROSSROADS COUNCIL BOY SCOUTS OF AMERICA

3213 WALKER AVE NW
GRAND RAPIDS,MI49544 		NONE PC GENERAL OPERATING 15,000

MULTIPLICATION NETWORK MINISTRIES

22515 TORRENCE AVE
SAUK VILLAGE,IL60411 		NONE PC PROJECT/PROGRAM - UCLC CERTIFICATE PROGRAM CURRICULUM ACCESS 10,000

MUNSON HEALTHCARE FOUNDATIONS

1150 MEDICAL CAMPUS DRIVE
TRAVERSE CITY,MI49684 		NONE PC CAPITAL CAMPAIGN 20,000

NATIONAL CHRISTIAN FOUNDATION WEST MICHIGAN

4670 E FULTON ST STE 204
ADA,MI49301 		NONE PC PROJECT/PROGRAM - FAMILY LEADERSHIP INITIATIVE 366,000

NATIONAL CONSTITUTION CENTER

525 ARCH STREET
PHILADELPHIA,PA19106 		NONE PC GENERAL OPERATING 1,772,500

NATIONAL FOOTBALL FOUNDATION - JOE TILLER CHAPTER OF NORTHWEST INDIANA

3672 FARNSWORTH DRIVE
WEST LAFAYETTE,IN47906 		NONE PC PROJECT/PROGRAM - ENDOWMENT 50,000

NATIONAL SAILING HALL OF FAME & MUSEUM INC

365 THAMES STREET
NEWPORT,RI02840 		NONE PC PROJECT/PROGRAM - THE SAILING MUSEUM 250,000

NEW CITY KIDS INC

936 ALPINE AVE NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL OPERATING 30,000

NEW YORK YACHT CLUB FOUNDATION

37 WEST 44TH ST
NEW YORK,NY10036 		NONE PC GENERAL OPERATING 100,000

OAKDALE NEIGHBORS

1260 KALAMAZOO AVE SE
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 22,000

OUR HOPE ASSOCIATION

324 LYON ST NE
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - INCREASING EFFICIENCY WITH TECHNOLOGY 10,000

PARTNERS WORLDWIDE

6139 TAHOE DR SE
GRAND RAPIDS,MI49546 		NONE PC GENERAL OPERATING 25,000

PHILANTHROPY ROUNDTABLE

1120 20TH STREET NW SUITE 550 SOUTH
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING 25,000

POTTER'S HOUSE

810 VAN RAALTE DRIVE SW
WYOMING,MI49509 		NONE PC GENERAL OPERATING 100,000

PREGNANCY RESOURCE CENTER

415 CHERRY STREET SE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 30,000

PURDUE RESEARCH FOUNDATION INC

403 WEST WOOD STREET
WEST LAFAYETTE,IN47907 		NONE PC CAPITAL CAMPAIGN 2,125,000

REHOBOTH CHRISTIAN SCHOOL ASSOCIATION

PO BOX 41
REHOBOTH,NM873220041 		NONE PC GENERAL OPERATING 100,000

REVIVE AND THRIVE PROJECT

4330 ASPEN TRAILS DR NE
GRAND RAPIDS,MI495461408 		NONE PC GENERAL OPERATING 500

ROOSEVELT PARK MINISTRIES INC

1530 GRANDVILLE AVE SW
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 30,000

SAFE HAVEN MINISTRIES INC

2627 BIRCHCREST DR SE
GRAND RAPIDS,MI49506 		NONE PC GENERAL OPERATING 70,500

SAMARITAS

2080 UNION AVE SE
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 2,500

SPECIAL OLYMPICS MICHIGAN INC

160 68TH ST SW
GRAND RAPIDS,MI49548 		NONE PC CAPITAL CAMPAIGN 50,000

STAND TOGETHER FOUNDATION

PO BOX 45911
BALTIMORE,MD212975911 		NONE PC PROJECT/PROGRAM - GRAND RAPIDS PROJECT 1,000,000

STREAMS OF HOPE

280 60TH STREET SE SUITE 100
GRAND RAPIDS,MI49548 		NONE PC CAPITAL CAMPAIGN 25,000

TALENT 2025 INC

833 KENMOOR AVE SE STE B
GRAND RAPIDS,MI49546 		NONE PC PROJECT/PROGRAM - MICHIGAN'S ADULT EDUCATION SYSTEM STUDY 25,000

TALL TURF MINISTRIES

2010 KALAMAZOO AVE SE
GRAND RAPIDS,MI49507 		NONE PC GENERAL OPERATING 30,000

THE DOCK MINISTRY

4669 DIVISION AVE S
GRAND RAPIDS,MI49548 		NONE PC GENERAL OPERATING 15,000

THE OTHER WAY MINISTRIES

839 SIBLEY ST NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL OPERATING 30,000

THE RON BALL ASSOCIATION

381 MAPLE AVE
PRESTONSBURG,KY41653 		NONE PC GENERAL OPERATING 10,000

UNITED STATES SAILING FOUNDATON

1 ROGER WILLIAMS UNIVERSITY WAY
BRISTOL,RI02809 		NONE SO I CAPITAL CAMPAIGN 500,000

VAN ANDEL RESEARCH INSTITUTE

333 BOSTWICK NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 5,000

WAKE FOREST UNIVERSITY

1834 WAKE FOREST RD
WINSTON SALEM,NC27109 		NONE PC PROJECT/PROGRAM - DEACON CLUB 15,000

WAKE FOREST UNIVERSITY

1834 WAKE FOREST RD
WINSTON SALEM,NC27109 		NONE PC PROJECT/PROGRAM - WOMEN'S SOCCER 250,000

WEST MICHIGAN AVIATION ACADEMY FOUNDATION

5363 44TH ST SE
GRAND RAPIDS,MI49512 		NONE PC GENERAL OPERATING 10,000

WEST MICHIGAN AVIATION ACADEMY FOUNDATION

5363 44TH ST SE
GRAND RAPIDS,MI49512 		NONE PC CAPITAL CAMPAIGN 50,000

WEST MICHIGAN COMMUNITY TENNIS INC

900 CAMBRIDGE DRIVE SE
GRAND RAPIDS,MI495063360 		NONE PC GENERAL OPERATING 50,000

WEST MICHIGAN CONSTRUCTION INSTITUTE

801 CENTURY AVE SW
GRAND RAPIDS,MI495035001 		NONE PC CAPITAL CAMPAIGN 100,000

WESTFIELD PREPARATORY HIGH SCHOOL

23750 ELMIRA STREET
REDFORD CHARTER TOWNSH,MI482391485 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

WOMEN'S RESOURCE CENTER

678 FRONT NW STE 180
GRAND RAPIDS,MI49504 		NONE PC CAPITAL CAMPAIGN 50,000

WYOMING PUBLIC SCHOOLS

3575 GLADIOLA SW
WYOMING,MI49519 		NONE GOV PROJECT/PROGRAM - WEST MICHIGAN LEADERSHIP ACADEMY 5,000

YOUNG LIFE - GREATER GRAND RAPIDS

4670 E FULTON ST STE 204
ADA,MI49301 		NONE PC GENERAL OPERATING 35,000

YOUNG MONEY FINANCES

454 CRAWFORD ST SE
GRAND RAPIDS,MI495071838 		NONE PC GENERAL OPERATING 15,000
Total .................................right arrow 3a 14,499,800
bApproved for future payment

ACCESS OF WEST MICHIGAN
1700 28TH STREET SE
GRAND RAPIDS,MI49508 		NONE PC GENERAL OPERATING 30,000

AMERICAN ENTERPRISE INSTITUTE FOR PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVE NW
WASHINGTON,DC20036 		NONE PC GENERAL OPERATING 100,000

AYA YOUTH COLLECTIVE
320 STATE ST SE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 40,000

BETHANY CHRISTIAN SERVICES INC
901 EASTERN AVENUE NE PO BOX 294
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 234,000

CHILDREN'S HEALING CENTER
1530 FULTON STREET EAST
GRAND RAPIDS,MI49503 		NONE PC CAPITAL CAMPAIGN 250,000

FAMILY PROMISE OF GRAND RAPIDS
516 CHERRY ST SE
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 20,000

GRAND RAPIDS CHRISTIAN SCHOOLS
2400 PLYMOUTH AVE SE
GRAND RAPIDS,MI49506 		NONE PC GENERAL OPERATING 5,000

GREATER GRAND RAPIDS CHAMBER FOUNDATION
250 MONROE AVE NW
GRAND RAPIDS,MI49503 		NONE PC PROJECT/PROGRAM - INNOVATION GRANT 59,500

HOSANNA - FAITH COMES BY HEARING
2421 AZTEC RD NE
ALBUQUERQUE,NM87107 		NONE PC GENERAL OPERATING 10,000

LAWRENCE TECHNOLOGICAL UNIVERSITY
21000 W TEN MILE RD
SOUTHFIELD,MI480750000 		NONE PC PROJECT/PROGRAM - CENTREPOLIS 100,000

NATIONAL CONSTITUTION CENTER
525 ARCH STREET
PHILADELPHIA,PA19106 		NONE PC GENERAL OPERATING 4,750,000

NATIONAL FOOTBALL FOUNDATION - JOE TILLER CHAPTER OF NORTHWEST INDIANA
3672 FARNSWORTH DRIVE
WEST LAFAYETTE,IN47906 		NONE PC PROJECT/PROGRAM - ENDOWMENT 50,000

PARTNERS WORLDWIDE
6139 TAHOE DR SE
GRAND RAPIDS,MI49546 		NONE PC GENERAL OPERATING 15,000

POTTER'S HOUSE
810 VAN RAALTE DRIVE SW
WYOMING,MI49509 		NONE PC GENERAL OPERATING 125,000

ROOSEVELT PARK MINISTRIES INC
1530 GRANDVILLE AVE SW
GRAND RAPIDS,MI49503 		NONE PC GENERAL OPERATING 30,000

YOUNG LIFE - GREATER GRAND RAPIDS
4670 E FULTON ST STE 204
ADA,MI49301 		NONE PC GENERAL OPERATING 40,000
Total ................................. right arrow 3b 5,858,500
Form 990-PF (2022)
Form 990-PF (2022)
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 ........... 		    14 677  
4 Dividends and interest from securities ....     14 383,752  
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 .....     14 22,107,172  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 633,699  
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 23,125,300 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
23,125,300
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 InvestmentsCorpStockSchedule
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Name of Stock End of Year Book Value End of Year Fair Market Value
MULTIPLAN CORPORATION (COMMON SHARES) 1,939,411 700,995
INNOVATION TECH INVESTORS, LLC (SERIES B COMMON) 908,890 0
VANGUARD EMERGING MARKETS STOCK INDEX ADMIRAL 917,985 911,678
VANGUARD DEVELOPED MARKETS INDEX ADMIRAL 5,147,586 5,365,970
VANGUARD TOTAL STOCK MARKET INDEX ADMIRAL 11,378,003 11,225,349
FLEXSHARES MORNINGSTAR GLOBAL UPSTREAM NATURAL RESOURCES INDEX FUND 1,821,539 1,922,939
ISHARES GLOBAL INFRASTRUCTURE ETF 1,443,011 1,443,593
VANGUARD SHORT-TERM BOND INDEX ADMIRAL 1,502,823 1,495,072
NORTHERN ULTRA-SHORT FIXED INCOME 1,103,744 1,106,773
VANGUARD TOTAL BOND MARKET INDEX ADMIRAL 3,323,524 3,274,355
VANGUARD HIGH-YIELD CORPORATE ADMIRAL 3,644,340 3,628,651
NORTHERN INSTITUTIONAL FUNDS - U.S. GOVERNMENT PORTFOLIO 65,155 65,155

TY 2022 InvestmentsOtherSchedule2
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AEA MEZZANINE FUND III LP FMV 752,343 330,344
FREEDOM CAPITAL MANAGEMENT, LP FMV 26,939,406 26,939,406
HANCOCK CAPITAL PARTNERS V FMV 4,802,513 1,280,134
BDT CAPITAL PARTNERS ANNEX FUND I-A, LP FMV 5,241,054 10,821,514
BDT RYE HOLDINGS, LLC FMV 3,968,679 3,815,742
PRUDENTIAL CAPITAL PARTNERS V LP FMV 7,014,606 5,532,295
ROUNDTABLE HEALTHCARE CAPITAL FUND III LP FMV 4,130,329 3,525,044
INNOVATION TECH INVESTORS, LLC (SENIOR TERM LOAN) FMV 178,858 162,756
FREEDOM ASSET MANAGEMENT, LP II FMV 0 102,689
KCC TW INVESTORS, LLC FMV 0 92,523

TY 2022 OtherAssetsSchedule
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
RENDE PROGRESS CAPITAL - NOTE RECEIVABLE 62,375 72,375 72,375
ICCF HOMES LLC - NOTE RECEIVABLE 250,000 250,000 250,000


TY 2022 OtherExpensesSchedule
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
POSTAGE & STATIONERY 8,332 0   8,332
COMPUTER SERVICES & SUPPLIES 74,143 0   74,143
HONORARIUMS 3,250 0   3,250
PROGRAM SERVICES 38,585 0   38,585


TY 2022 OtherIncomeSchedule2
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
FROM PARTNERSHIPS-PER BOOKS 22,107,172 0 22,107,172
FROM PARTNERSHIPS-SEE STATEMENT 0 1,012,018 0


TY 2022 OtherLiabilitiesSchedule
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Description Beginning of Year - Book Value End of Year - Book Value
MISC. PAYABLES 84,522 14,772


TY 2022 OtherProfessionalFeesSchedule
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 911,865 328,666   579,980
CUSTODIAL FEES - TNT 345 0   345
CONSULTING FEES 830,870 0   830,870


TY 2022 TaxesSchedule
Name:
DOUGLAS & MARIA DEVOS FOUNDATION
EIN:
38-3035972
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 25,000 0   0
FEDERAL INCOME TAX 15,000 0   0
FOREIGN TAXES 6,474 6,474   0