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Cdv5 Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1992. The principal officer is Jerry L Tubergen. It holds total assets of $72.2M. Annual income is reported at $6.1M. Total assets have grown from $33.7M in 2011 to $72.2M in 2024. The foundation is governed by 10 officers and trustees. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Michigan. According to available records, Cdv5 Foundation has made 363 grants totaling $24.7M, with a median grant of $30K. Annual giving has decreased from $7.5M in 2020 to $3.6M in 2023. Grantmaking activity was highest in 2022 with $8.5M distributed across 140 grants. Individual grants have ranged from $960 to $1.2M, with an average award of $68K. The foundation has supported 127 unique organizations. The foundation primarily supports organizations in Michigan, Kansas, California, which account for 94% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$30K
Average Grant
$62K
Largest Grant
$400K
Based on 82 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.
Cdv5 Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 363 grants. Its grantmaking reaches organizations primarily in MI, KS, CA.
Cdv5 Foundation has distributed a total of $24.7M across 363 grants. The median grant size is $30K, with an average of $68K. Individual grants have ranged from $960 to $1.2M.
More information on the foundation's funding priorities is available at cdv5foundation.org.
Cdv5 Foundation is headquartered in GRAND RAPIDS, MI. While based in MI, the foundation distributes grants to organizations across 9 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Suzanne C Devos | PRESIDENT/DIRECTOR | $0 | $0 | N/A |
| Katelyn S Renker | DIRECTOR | $0 | $0 | N/A |
| Hannah J Shue | DIRECTOR | $0 | $0 | N/A |
| Douglas L Devos | DIRECTOR | $0 | $0 | N/A |
| Pamela Parriott | FOUNDATION MANAGER | $0 | $0 | N/A |
| Jason Zylstra | FOUNDATION MANAGER | $0 | $0 | N/A |
| Nicholas J Thole | VICE PRESIDENT | $0 | $0 | N/A |
| Susan E Valcq | TREASURER/SECRETARY | $0 | $0 | N/A |
| Jeffrey S Bowerman | VP OF TAX | $0 | $0 | N/A |
| Robert H Schierbeek | COO/VP/DIRECTOR | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$72.2M
Fair Market Value
N/A
Net Worth
$72.2M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
363
Total Giving
$24.7M
Average Grant
$68K
Median Grant
$30K
Unique Recipients
127
Most Common Grant
$50K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Potter'S HouseGENERAL OPERATING | Wyoming, MI | $75K | 2023 |
| Children'S Healing CenterCAPITAL CAMPAIGN | Grand Rapids, MI | $500K | 2023 |
| Ymca Of Greater Grand RapidsCAPITAL CAMPAIGN | Grand Rapids, MI | $250K | 2023 |
| Envision Foundation IncGENERAL OPERATING | Wichita, KS | $250K | 2023 |
| The Village Learning CenterCAPITAL CAMPAIGN | Cedar Springs, MI | $183K | 2023 |
| Our Hope AssociationCAPITAL CAMPAIGN | Grand Rapids, MI | $150K | 2023 |
| West Michigan Sports CommissionCAPITAL CAMPAIGN | Grand Rapids, MI | $150K | 2023 |
| Grand Rapids Public Schools FoundationPROJECT/PROGRAM - GR8 SPORTS, GREAT KIDS | Grand Rapids, MI | $135K | 2023 |
| Ada Christian School SocietyCAPITAL CAMPAIGN | Ada, MI | $125K | 2023 |
| Grand Rapids Symphony SocietyGENERAL OPERATING | Grand Rapids, MI | $100K | 2023 |
| Rehoboth Christian School AssociationGENERAL OPERATING | Rehoboth, NM | $100K | 2023 |
| Keystone Community ChurchGENERAL OPERATING | Ada, MI | $100K | 2023 |
| Boys & Girls Clubs Of Grand RapidsGENERAL OPERATING | Grand Rapids, MI | $100K | 2023 |
| Home Repair Services Of Kent County IncPROJECT/PROGRAM - VETERAN HEROES PROGRAM | Grand Rapids, MI | $100K | 2023 |
| Kids' Food BasketGENERAL OPERATING | Grand Rapids, MI | $100K | 2023 |
| Hope NetworkPROJECT/PROGRAM - YOUR UNTAPPED POTENTIAL | Grand Rapids, MI | $50K | 2023 |
| Exalta HealthGENERAL OPERATING | Grand Rapids, MI | $50K | 2023 |
| Wedgwood Christian ServicesGENERAL OPERATING | Grand Rapids, MI | $50K | 2023 |
| Tall Turf MinistriesGENERAL OPERATING | Grand Rapids, MI | $50K | 2023 |
| Safe Haven Ministries IncGENERAL OPERATING | Grand Rapids, MI | $50K | 2023 |
| Juvenile Diabetes Research FoundationGENERAL OPERATING | Hagerstown, MD | $50K | 2023 |
| Heart Of West Michigan United WayGENERAL OPERATING | Grand Rapids, MI | $50K | 2023 |
| Grand Rapids Children'S MuseumGENERAL OPERATING | Grand Rapids, MI | $40K | 2023 |
| Bethany Christian Services IncGENERAL OPERATING | Grand Rapids, MI | $40K | 2023 |
| Roosevelt Park Ministries IncGENERAL OPERATING | Grand Rapids, MI | $35K | 2023 |
| Childrens Advocacy Center Of Kent CountyGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Baxter Community CenterGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Access Of West MichiganGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Partners WorldwideGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Degage MinistriesGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Community Food ClubsGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Iccf Community HomesGENERAL OPERATING | Grand Rapids, MI | $30K | 2023 |
| Downtown Grand Rapids Inc Dba ArtprizePROJECT/PROGRAM - ARTPRIZE | Grand Rapids, MI | $25K | 2023 |
| Project GreenPROJECT/PROGRAM - FINANCIAL CAPABILITY AND SAVINGS PROGRAMMING | Grand Rapids, MI | $25K | 2023 |
| Young Life - Central Grand RapidsGENERAL OPERATING | Grand Rapids, MI | $25K | 2023 |
| International Justice MissionGENERAL OPERATING | Washington, DC | $25K | 2023 |
| New City Kids IncGENERAL OPERATING | Grand Rapids, MI | $25K | 2023 |
| Corewell Health FoundationGENERAL OPERATING | Grand Rapids, MI | $25K | 2023 |
| Strategic Workforce SolutionsPROJECT/PROGRAM - HIREREACH | Grand Rapids, MI | $25K | 2023 |
| The Other Way MinistriesGENERAL OPERATING | Grand Rapids, MI | $20K | 2023 |
| Grand Rapids Downtown Market Education FoundationPROJECT/PROGRAM - CHRISTKINDL MARKET | Grand Rapids, MI | $20K | 2023 |
| Aya Youth CollectiveGENERAL OPERATING | Grand Rapids, MI | $20K | 2023 |
| Kids Hope Usa IncGENERAL OPERATING | Zeeland, MI | $20K | 2023 |
| Gilda'S Club Grand RapidsGENERAL OPERATING | Grand Rapids, MI | $20K | 2023 |
| Family Promise Of Grand RapidsGENERAL OPERATING | Grand Rapids, MI | $20K | 2023 |
| Base Camp Urban OutreachGENERAL OPERATING | Grand Rapids, MI | $20K | 2023 |
| Grand Rapids Initiative For LeadersGENERAL OPERATING | Grand Rapids, MI | $20K | 2023 |
| All Belong Center For Inclusive EducationGENERAL OPERATING | Wyoming, MI | $15K | 2023 |