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Wege Foundation is a private corporation based in GRAND RAPIDS, MI. The foundation received its IRS ruling in 1967. It holds total assets of $268.1M. Annual income is reported at $67.1M. According to available records, Wege Foundation has made 4 grants totaling $83.4M, with a median grant of $18.3M. Annual giving has grown from $18.3M in 2020 to $36.6M in 2022. Individual grants have ranged from $18.3M to $28.5M, with an average award of $20.8M. Grant recipients are concentrated in Michigan. Contributions to this foundation are tax-deductible.
Wege Foundation is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 4 grants. Its grantmaking reaches organizations primarily in MI.
Wege Foundation has distributed a total of $83.4M across 4 grants. The median grant size is $18.3M, with an average of $20.8M. Individual grants have ranged from $18.3M to $28.5M.
The application deadline is ALL REQUESTS FOR GRANTS SHALL BE MADE BY SEPTEMBER 15 AND FEBRUARY 15 TO ALLOW TIME FOR PROPER RESEA.
Wege Foundation is headquartered in GRAND RAPIDS, MI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Mark Van Putten | FORMER PRESIDENT, CEO | $393K | $26K | $446K |
| Kathleen Furtado | TREASURER | $157K | $13K | $197K |
| James Logan | PRESIDENT, CEO | $81K | $3K | $87K |
| Christopher Wege | VICE CHAIR, TRUSTEE | $0 | $0 | $0 |
| Juan Olivarez | TRUSTEE | $0 | $0 | $0 |
Total Giving
$24.2M
Total Assets
$275.9M
Fair Market Value
$336.2M
Net Worth
$253.8M
Grants Paid
$19.3M
Contributions
$0
Net Investment Income
$3.7M
Distribution Amount
$16.2M
Total: $101.5M
Total Grants
4
Total Giving
$83.4M
Average Grant
$20.8M
Median Grant
$18.3M
Unique Recipients
1
Most Common Grant
$18.3M
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attached DetailSEE ATTACHED | Grand Rapids, MI | $18.3M | 2022 |
Other foundations that have funded Wege Foundation.
| Funder | Amount | Year | Purpose |
|---|---|---|---|
| Humanity United | $200 | 2023 | General Operating Support |
| Antelope Foundation Inc. | $20K | 2022 | general support |
| Mary Goodwillie Nelson |
| VICE CHAIR, TRUSTEE |
| $0 |
| $0 |
| $0 |
| Jonathan M Wege | CHAIR, TRUSTEE | $0 | $0 | $0 |
| Jessica Mclear | TRUSTEE | $0 | $0 | $0 |
| Diana Wege | VICE CHAIR, TRUSTEE | $0 | $0 | $0 |
| Dale Rietberg | SECRETARY | $0 | $0 | $0 |
| Christopher Carter | TRUSTEE | $0 | $0 | $0 |
| Johanna Osman | TRUSTEE | $0 | $0 | $0 |
| Laura Wege | TRUSTEE | $0 | $0 | $0 |
| Caitlin Wege | FORMER TRUSTEE | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| 2015 | 990PF | View |
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