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Also known as: C/O FIFTH THIRD BANK
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Bea Aldrink Idema Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 2011. The principal officer is Peter Versluis. It holds total assets of $25.8M. Annual income is reported at $16.4M. Total assets have grown from N/A in 2011 to $20.5M in 2023. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Michigan. According to available records, Bea Aldrink Idema Foundation has made 16 grants totaling $395K, with a median grant of $18K. The foundation has distributed between $120K and $140K annually from 2020 to 2022. Individual grants have ranged from $10K to $100K, with an average award of $25K. The foundation has supported 11 unique organizations. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Bea Aldrink Idema Foundation reported 16 individual grants totaling $395,000 between 2020 and 2022 across its IRS Form 990-PF filings, with a median grant of $17,500. Half of those grants fell between $15,000 and $25,000. Its largest single grant in the record was $100,000. Its most recent available filing, for fiscal year 2023, reports $289,967 in total giving.
Grantmaking is concentrated in MI, which received 16 of the 16 grants on record (100 percent). Of its 11 distinct grantees, 45 percent received funding more than once, so repeat relationships are the norm rather than the exception. Its largest institutional recipients were Camp Henry A Ministry Of Westminster Presbyterian Church ($100,000), New City Kids Inc ($50,000) and Community Spay Neuter Initiative ($50,000).
Computed from 16 individual grant records (2020–2022) in this foundation's IRS Form 990-PF Part XV filings. Source: IRS 990-PF.
Smallest Grant
$15K
Median Grant
$20K
Average Grant
$24K
Largest Grant
$40K
Based on 5 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Bea Aldrink Idema Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 16 grants. Its grantmaking reaches organizations primarily in MI.
Bea Aldrink Idema Foundation has distributed a total of $395K across 16 grants. The median grant size is $18K, with an average of $25K. Individual grants have ranged from $10K to $100K.
Bea Aldrink Idema Foundation typically selects its grantees rather than accepting unsolicited proposals.
Bea Aldrink Idema Foundation is headquartered in GRAND RAPIDS, MI.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Chad Versluis | VICE PRES/TREASURER | $0 | $0 | N/A |
| Dana Hushak | MEMBER | $0 | $0 | N/A |
| Tonya Williamson | SECRETARY | $0 | $0 | N/A |
| Vincent Versluis | MEMBER | $0 | $0 | N/A |
| Peter Versluis | PRESIDENT | $0 | $0 | N/A |
Total Giving
$290K
Total Assets
$20.5M
Fair Market Value
$21.7M
Net Worth
$20.5M
Grants Paid
$155K
Contributions
$18.4M
Net Investment Income
$332K
Distribution Amount
$597K
Total: $18.7M
Total Grants
16
Total Giving
$395K
Average Grant
$25K
Median Grant
$18K
Unique Recipients
11
Most Common Grant
$15K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Community Spay Neuter InitiativeANNUAL FUND. | Kentwood, MI | $25K | 2022 |
| Reach The ForgottenPROJECT/PROGRAM SUPPORT. | Grand Rapids, MI | $15K | 2022 |
| Van Andel InstitutePROJECT/PROGRAM SUPPORT. | Grand Rapids, MI | $15K | 2022 |
| Vista MariaPROJECT/PROGRAM SUPPORT. | Dearborn Heights, MI | $15K | 2022 |
| Camp Henry A Ministry Of Westminster Presbyterian ChurchPROJECT/PROGRAM SUPPORT | Newaygo, MI | $100K | 2021 |
| New City Kids IncPROJECT/PROGRAM SUPPORT | Grand Rapids, MI | $25K | 2021 |
| Guilding Light Mission IncPROJECT/PROGRAM SUPPORT | Grand Rapids, MI | $10K | 2021 |
| Kids Hope Usa IncPROJECT/PROGRAM SUPPORT | Zeeland, MI | $40K | 2020 |
| Van Anel Research InstitutePROJECT/PROGRAM SUPPORT | Grand Rapids, MI | $20K | 2020 |
| Westminster Presbyterian ChurchPROJECT/PROGRAM SUPPORT | Grand Rapids, MI | $20K | 2020 |
| Guiding Light MissionPROJECT/PROGRAM SUPPORT | Grand Rapids, MI | $15K | 2020 |