CDV5 FOUNDATION
Cite this
Plain text CDV5 FOUNDATION. furp.org, nonprofit organization profile, tax years 2020–2024. https://furp.org/org/cdv5-foundation-383035978. Retrieved 2026-10-29.
APA furp.org. (n.d.). CDV5 FOUNDATION [Nonprofit organization profile; tax years 2020–2024]. Retrieved October 29, 2026, from https://furp.org/org/cdv5-foundation-383035978
MLA “CDV5 FOUNDATION.” furp.org, tax years 2020–2024, https://furp.org/org/cdv5-foundation-383035978. Accessed 29 Oct. 2026.
Retrieved 2026-10-29; covers tax years 2020–2024. Data: furp.org, CC BY 4.0.
2024 · Form 990PF · revenue $3.9M · expenses $4.9M · assets $72.2M
- EIN
- 38-3035978
- Address
- 200 MONROE AVENUE NW, GRAND RAPIDS, MI 49503-2213
- Website
- CDV5FOUNDATION.ORG
- NTEE code
- -
- Exempt type
- 501(c)(3): charitable, religious, educational, scientific or literary (corporation)
- Ruling date
- May 1992 (when the IRS recognized its exemption)
- IRS status
- Exempt (unconditional) (IRS Business Master File) IRS data ↗
- Tax-deductible donations
- Yes: listed in IRS Publication 78 (private foundation) Pub 78 ↗
- Foundation status
- Private non-operating foundation
- Cross-check
- ProPublica Nonprofit Explorer
Each tax year counts once: when a return was amended, only the latest return for that period is used below (superseded returns stay listed, greyed, under Finances).
People paid by the organization
None of the 12 people listed on these returns reported compensation from the organization. They are listed below.
Officers and directors, no compensation reported
12 people listed on the returns with $0 (or no amount) in every compensation column: current people first. Hours are as filed on the latest return each person appears on.
| Name | Latest title | Years | Hrs/wk (latest) | Compensation | Organizations |
|---|---|---|---|---|---|
| Robert H Schierbeek | COO/VP/DIRECTOR | 2020-2024 | 0 | $0 reported | 11 |
| Jeffrey S Bowerman | VP OF TAX | 2020-2024 | 0 | $0 reported | 10 |
| Susan E Valcq | TREASURER/SECRETARY | 2021-2024 | 0 | $0 reported | 10 |
| Jason L Zylstra | FOUNDATION MANAGER | 2022-2024 | 4 | $0 reported | 11 |
| Pamela Parriott | FOUNDATION MANAGER | 2022-2024 | 8 | $0 reported | 5 |
| Douglas L Devos | DIRECTOR | 2020-2024 | 0 | $0 reported | 5 |
| Suzanne C Devos | PRESIDENT/DIRECTOR | 2020-2024 | 1 | $0 reported | 4 |
| Hannah J Shue | DIRECTOR | 2020-2024 | 0 | $0 reported | 1 |
| Katelyn S Renker | DIRECTOR | 2022-2024 | 0 | $0 reported | 1 |
| Nicholas J Thole (former) | VICE PRESIDENT | 2022-2023 | 0 | $0 reported | 10 |
| Katelyn S Vanderweide (former) | DIRECTOR | 2020-2021 | 0 | $0 reported | 1 |
| Jerry L Tubergen (former) | EXECUTIVE VP/DIRECTOR | 2020 | 0 | $0 reported | 10 |
People by year
2024 · 9 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUZANNE C DEVOS | PRESIDENT/DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| ROBERT H SCHIERBEEK | COO/VP/DIRECTOR | 0 | $0 | - | $0 | $0 | 11 |
| JEFFREY S BOWERMAN | VP OF TAX | 0 | $0 | - | $0 | $0 | 10 |
| SUSAN E VALCQ | TREASURER/SECRETARY | 0 | $0 | - | $0 | $0 | 10 |
| JASON ZYLSTRA | FOUNDATION MANAGER | 4 | $0 | - | $0 | $0 | 11 |
| PAMELA PARRIOTT | FOUNDATION MANAGER | 8 | $0 | - | $0 | $0 | 5 |
| DOUGLAS L DEVOS | DIRECTOR | 0 | $0 | - | $0 | $0 | 5 |
| HANNAH J SHUE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| KATELYN S RENKER | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2023 · 10 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUZANNE C DEVOS | PRESIDENT/DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| ROBERT H SCHIERBEEK | COO/VP/DIRECTOR | 0 | $0 | - | $0 | $0 | 11 |
| JEFFREY S BOWERMAN | VP OF TAX | 0 | $0 | - | $0 | $0 | 10 |
| SUSAN E VALCQ | TREASURER/SECRETARY | 0 | $0 | - | $0 | $0 | 10 |
| NICHOLAS J THOLE | VICE PRESIDENT | 0 | $0 | - | $0 | $0 | 10 |
| JASON ZYLSTRA | FOUNDATION MANAGER | 4 | $0 | - | $0 | $0 | 11 |
| PAMELA PARRIOTT | FOUNDATION MANAGER | 8 | $0 | - | $0 | $0 | 5 |
| DOUGLAS L DEVOS | DIRECTOR | 0 | $0 | - | $0 | $0 | 5 |
| HANNAH J SHUE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| KATELYN S RENKER | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2022 · 10 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUZANNE C DEVOS | PRESIDENT/DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| ROBERT H SCHIERBEEK | COO/VP/DIRECTOR | 0 | $0 | - | $0 | $0 | 11 |
| JEFFREY S BOWERMAN | VP OF TAX | 0 | $0 | - | $0 | $0 | 10 |
| SUSAN E VALCQ | TREASURER/SECRETARY | 0 | $0 | - | $0 | $0 | 10 |
| NICHOLAS J THOLE | VICE PRESIDENT | 0 | $0 | - | $0 | $0 | 10 |
| JASON ZYLSTRA | FOUNDATION MANAGER | 4 | $0 | - | $0 | $0 | 11 |
| PAMELA PARRIOTT | FOUNDATION MANAGER | 8 | $0 | - | $0 | $0 | 5 |
| DOUGLAS L DEVOS | DIRECTOR | 0 | $0 | - | $0 | $0 | 5 |
| HANNAH J SHUE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| KATELYN S RENKER | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
2021 · 7 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUZANNE C DEVOS | PRESIDENT/DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| DOUGLAS L DEVOS | DIRECTOR | 0 | $0 | - | $0 | $0 | 5 |
| HANNAH J SHUE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| KATELYN S VANDERWEIDE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| ROBERT H SCHIERBEEK | COO/VP/DIRECTOR | 0 | $0 | - | $0 | $0 | 11 |
| JEFFREY S BOWERMAN | VP OF TAX | 0 | $0 | - | $0 | $0 | 10 |
| SUSAN E VALCQ | TREASURER/SECRETARY | 0 | $0 | - | $0 | $0 | 10 |
2020 · 7 people listed · none paid
| Name | Title | Hrs/wk | From org | From related | Other | Total | Orgs |
|---|---|---|---|---|---|---|---|
| SUZANNE C DEVOS | PRESIDENT/DIRECTOR | 1 | $0 | - | $0 | $0 | 4 |
| JERRY L TUBERGEN | EXECUTIVE VP/DIRECTOR | 0 | $0 | - | $0 | $0 | 10 |
| ROBERT H SCHIERBEEK | VP/COO/TREAS/SEC/DIRECTOR | 0 | $0 | - | $0 | $0 | 11 |
| JEFFREY S BOWERMAN | VP OF TAX/ASSIST. SECRETARY | 0 | $0 | - | $0 | $0 | 10 |
| DOUGLAS L DEVOS | DIRECTOR | 0 | $0 | - | $0 | $0 | 5 |
| HANNAH J SHUE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
| KATELYN S VANDERWEIDE | DIRECTOR | 0 | $0 | - | $0 | $0 | 1 |
Highest-paid independent contractors
2024 · 3 contractors · $660K
| Name | Location | Service | Paid |
|---|---|---|---|
| RDV CORPORATION | GRAND RAPIDS, MI | MANAGEMENT FEE | $461,065 |
| NORTHERN TRUST SECURITIES INC | CHICAGO, IL | BROKER/CUSTODIAN FEES | $106,868 |
| OTTAWA AVENUE PRIVATE CAPITAL | GRAND RAPIDS, MI | MANAGEMENT FEE | $92,154 |
2023 · 2 contractors · $462K
| Name | Location | Service | Paid |
|---|---|---|---|
| RDV CORPORATION | GRAND RAPIDS, MI | MANAGEMENT FEE | $363,481 |
| OTTAWA AVENUE PRIVATE CAPITAL | GRAND RAPIDS, MI | MANAGEMENT FEE | $98,450 |
2022 · 2 contractors · $364K
| Name | Location | Service | Paid |
|---|---|---|---|
| OTTAWA AVENUE PRIVATE CAPITAL | GRAND RAPIDS, MI | MANAGEMENT FEE | $212,047 |
| RDV CORPORATION | GRAND RAPIDS, MI | MANAGEMENT FEE | $151,581 |
2021 · 2 contractors · $516K
| Name | Location | Service | Paid |
|---|---|---|---|
| RDV CORPORATION | GRAND RAPIDS, MI | MANAGEMENT FEE | $311,666 |
| OTTAWA AVENUE PRIVATE CAPITAL | GRAND RAPIDS, MI | MANAGEMENT FEE | $204,066 |
2020 · 2 contractors · $482K
| Name | Location | Service | Paid |
|---|---|---|---|
| RDV CORPORATION | GRAND RAPIDS, MI | MANAGEMENT FEE | $296,897 |
| OTTAWA AVENUE PRIVATE CAPITAL | GRAND RAPIDS, MI | MANAGEMENT FEE | $185,296 |
Who the money went to
Grants this organization reported paying: Schedule I Part II of the Form 990, or the grants-paid list on the 990-PF. Open a year for every recipient. Recipients link to their own page when the grant names an EIN we have (990-PF grants list no EIN, so those link only on an exact, unique name and state). Grants to individuals are counted; their names are not shown.
2024 · 59 grants to organizations · $4.2M
2023 · 59 grants to organizations · $3.6M
2022 · 70 grants to organizations · $4.2M
2021 · 82 grants to organizations · $5.1M
2020 · 82 grants to organizations · $7.5M
Negative amounts are returned or refunded grants; they are listed last and left out of the totals of grants paid.
Who gave
Contributors listed on Schedule B of the Form 990-PF: name, city and state as filed (street addresses are not shown), with total and noncash contributions for the year. A link to an organization's page is tagged Fuzzy with its name-similarity score (0 to 1) when it rests on name and state; Schedule B lists no EIN, so no link here is an exact identifier match.
2021 · 1 contributor · $5.0M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | SUZANNE C DEVOS | Organization or other | GRAND RAPIDS, MI | $5,000,000 | - | Form 990PF Sch. B, 2021 · filing |
2020 · 1 contributor · $5.0M
| # | Contributor | Type | City, state | Total | Noncash | Source |
|---|---|---|---|---|---|---|
| 1 | SUZANNE C DEVOS | Organization or other | GRAND RAPIDS, MI | $5,000,000 | - | Form 990PF Sch. B, 2020 · filing |
Contributors listed here are as reported on the filing. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
Finances
Newest first. Each filing: its name on one row, its figures on the row beneath. Greyed filings are superseded by a later return for the same period and are left out everywhere else on this page.
| Revenue | Expenses | Assets | Net assets | Contributions | Program revenue | Officer pay | Employees | Volunteers |
|---|---|---|---|---|---|---|---|---|
| 2024 · Form 990PF | ||||||||
| $3,891,503 | $4,926,729 | $72,201,170 | $72,201,170 | $100 | - | $0 | - | - |
| 2023 · Form 990PF | ||||||||
| $3,241,779 | $4,344,710 | $73,236,396 | $73,236,396 | - | - | $0 | - | - |
| 2022 · Form 990PF | ||||||||
| $16,539,159 | $4,663,439 | $74,339,327 | $74,339,327 | $0 | - | $0 | - | - |
| 2021 · Form 990PF | ||||||||
| $3,844,833 | $5,677,838 | $62,463,632 | $62,463,607 | $5,000,000 | - | $0 | - | - |
| 2020 · Form 990PF | ||||||||
| $10,252,360 | $7,998,613 | $64,546,612 | $64,546,612 | $5,000,000 | - | $0 | - | - |
Connected to
Organizations that list some of the same people on their returns (officers, directors, key employees on this organization’s latest return), and related organizations it lists on Schedule R.
- DEVOS FAMILY FOUNDATION Grand Rapids, MI · 7 people in common (Douglas L Devos, Jason L Zylstra, Jeffrey S Bowerman)
- DOUGLAS & MARIA DEVOS FOUNDATION Grand Rapids, MI · 6 people in common (Douglas L Devos, Jason L Zylstra, Jeffrey S Bowerman)
- DE VOS URBAN LEADERSHIP INITIATIVE Grand Rapids, MI · 6 people in common (Douglas L Devos, Jason L Zylstra, Jeffrey S Bowerman)
- SPRINGGR Grand Rapids, MI · 6 people in common (Douglas L Devos, Jason L Zylstra, Jeffrey S Bowerman)
- DANIEL & PAMELLA DEVOS FOUNDATION Grand Rapids, MI · 5 people in common (Jason L Zylstra, Jeffrey S Bowerman, Pamela Parriott)
- DICK AND BETSY DEVOS FAMILY FOUNDATION Grand Rapids, MI · 5 people in common (Jason L Zylstra, Jeffrey S Bowerman, Pamela Parriott)
- REV FOUNDATION Grand Rapids, MI · 4 people in common (Jason L Zylstra, Jeffrey S Bowerman, Robert H Schierbeek)
- NATE AND ELISSA LOWERY FOUNDATION Grand Rapids, MI · 4 people in common (Jason L Zylstra, Jeffrey S Bowerman, Robert H Schierbeek)
- MICHAEL AND ANDREA ABRAHAM FOUNDATION Grand Rapids, MI · 4 people in common (Jason L Zylstra, Jeffrey S Bowerman, Robert H Schierbeek)
- RICHARD AND HELEN DEVOS FOUNDATION Grand Rapids, MI · 1 person in common (Jason L Zylstra)
- JERRY L AND MARCIA D TUBERGEN FOUNDATION Ada, MI · 1 person in common (Robert H Schierbeek)
Funders of this organization
Not reported: no grants to this organization appear in the filings we have (tax years 2010 to 2025).
Similar organizations
Ranked without any AI: same NTEE code first, then the same NTEE group; then revenue within 2x, 5x or 10x; then the same state; then similar name and mission text. Same state only · More (100)
| Organization | State | NTEE | Latest revenue | Latest expenses | Top-paid title | Top pay | Why similar |
|---|---|---|---|---|---|---|---|
| BGH FOUNDATION | VA | U40 | $2,237,108 | $2,124,412 | President | $46,250 | Similar name, revenue within 2x |
| JCJT FOUNDATION | CA | T99 | $5,964,802 | $240,130 | PRESIDENT, DIRECTOR | $0 | Similar name, revenue within 2x |
| WILO FOUNDATION | CA | T50 | $2,031,321 | $147,752 | President | $0 | Similar name, revenue within 2x |
| CAROLYN FOUNDATION | MN | Not reported | $3,882,715 | $2,676,671 | SEC/EX DIRECTOR | $352,730 | Similar name, revenue within 2x |
| ZHONG FOUNDATION | CA | T20 | $4,038,409 | $302,981 | PRESIDENT | $0 | Similar name, revenue within 2x |
| FUGITT FOUNDATION | OK | T20 | $2,308,424 | $1,803,514 | SECRETARY | $18,000 | Similar name, revenue within 2x |
| FINNUP FOUNDATION | KS | T22 | $2,056,454 | $1,716,917 | Trustee | $160,132 | Similar name, revenue within 2x |
| CKS FOUNDATION | TX | B11 | $1,775,233 | $34,865 | Board Member | $0 | Similar name, revenue within 5x |
| TT FOUNDATION | WA | T20 | $1,086,144 | $75,867 | PRESIDENT, T | $12,000 | Similar name, revenue within 5x |
| J P C FOUNDATION | WI | B82 | $1,156,244 | $554,024 | TRUSTEE | $0 | Similar name, revenue within 5x |
| JGL FOUNDATION | CO | T20 | $1,936,787 | $274,139 | PRESIDENT | $0 | Similar name, revenue within 5x |
| 661 FOUNDATION | UT | N12 | $1,520,000 | $1,581,592 | President/Dir | $0 | Similar name, revenue within 5x |
| WRG FOUNDATION | OR | Not reported | $1,410,458 | $922,210 | TRUSTEE | $0 | Similar name, revenue within 5x |
| FARIS FOUNDATION | TX | G30 | $1,800,882 | $1,411,437 | PRESIDENT | $0 | Similar name, revenue within 5x |
| VINE FOUNDATION | WY | X99 | $1,662,636 | $1,904,961 | PARISH TRANSFORMATIO | $120,682 | Similar name, revenue within 5x |
| WYNN FOUNDATION | CA | Not reported | $1,352,539 | $1,830,450 | PRESIDENT | $100,000 | Similar name, revenue within 5x |
| SPAN FOUNDATION | UT | T20 | $1,216,339 | $331,420 | TRUSTEE | $0 | Similar name, revenue within 5x |
| OCCA FOUNDATION | CA | B12 | $1,156,977 | $1,119,807 | SECRETARY | $0 | Similar name, revenue within 5x |
| LI LU FOUNDATION | WA | T20 | $18,025,765 | $4,317,971 | GRANTOR | $0 | Similar name, revenue within 5x |
| CANTINAS FOUNDATION | TN | X19 | $1,644,824 | $5,330,491 | PRESIDENT/EXEC. DIRECTOR/C | $0 | Similar name, revenue within 5x |
| COTOPAXI FOUNDATION | UT | Not reported | $1,486,822 | $1,117,006 | Director | $105,969 | Similar name, revenue within 5x |
| BLUME FOUNDATION | CA | Not reported | $1,063,381 | $1,330,586 | PRESIDENT | $0 | Similar name, revenue within 5x |
| WASIE FOUNDATION | MN | B82 | $1,013,781 | $2,518,436 | PRESIDENT/CEO/DIRECTOR | $306,435 | Similar name, revenue within 5x |
| FN FOUNDATION INC | NY | P20 | $788,768 | $1,021,284 | President | $0 | Similar name, revenue within 5x |
| MSHO FOUNDATION | MI | B28 | $600,550 | $449,088 | PRESIDENT | $0 | Similar name, revenue within 10x, same state |
Who funds organizations like this
Grantors that funded the 100 most similar organizations. Ranked by total given to them. Foundations (990-PF) and donor-advised fund sponsors only. Same matching as Funders above (by EIN, or by name for foundations).
The full list · all similar organizations
Where the money went
Every expense line on each return, biggest first: Form 990 Part IX (with its program, management and fundraising columns), 990-EZ Part I, or 990-PF Part I. Event marks lines the organization itself describes as events. “Events” in each summary adds those lines, conferences and meetings, and the direct costs of fundraising events. Unusual is not the same as improper. Many of these patterns have ordinary explanations. Check the filing.
2024 · Form 990PF · $4,926,729 spent · pay $0 · grants $4,172,500 · events $90
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $4,172,500 | 84.7% | |
| Fees: other professional | $678,656 | 13.8% | |
| Taxes | $73,568 | 1.5% | |
| Fees: accounting | $1,315 | 0.0% | |
| Interest | $589 | 0.0% | |
| Travel, conferences and meetings | $90 | 0.0% | |
| Other expenses | $11 | 0.0% | |
| Total | $4,926,729 | 100% |
2023 · Form 990PF · $4,344,710 spent · pay $0 · grants $3,592,500 · events $69
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $3,592,500 | 82.7% | |
| Fees: other professional | $475,424 | 10.9% | |
| Taxes | $275,144 | 6.3% | |
| Fees: accounting | $1,185 | 0.0% | |
| Other expenses | $388 | 0.0% | |
| Travel, conferences and meetings | $69 | 0.0% | |
| Total | $4,344,710 | 100% |
2022 · Form 990PF · $4,663,439 spent · pay $0 · grants $4,247,500 · events $0
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $4,247,500 | 91.1% | |
| Fees: other professional | $364,524 | 7.8% | |
| Taxes | $51,415 | 1.1% | |
| Total | $4,663,439 | 100% |
2021 · Form 990PF · $5,677,838 spent · pay $0 · grants $5,100,000 · events $47
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $5,100,000 | 89.8% | |
| Fees: other professional | $520,480 | 9.2% | |
| Taxes | $55,000 | 1.0% | |
| Fees: accounting | $2,160 | 0.0% | |
| Printing and publications | $151 | 0.0% | |
| Travel, conferences and meetings | $47 | 0.0% | |
| Total | $5,677,838 | 100% |
2020 · Form 990PF · $7,998,613 spent · pay $0 · grants $7,463,020 · events $86
| Line | As described | Total | Share |
|---|---|---|---|
| Contributions, gifts, grants paid | $7,463,020 | 93.3% | |
| Fees: other professional | $483,484 | 6.0% | |
| Taxes | $50,000 | 0.6% | |
| Fees: legal | $1,139 | 0.0% | |
| Fees: accounting | $705 | 0.0% | |
| Printing and publications | $171 | 0.0% | |
| Travel, conferences and meetings | $86 | 0.0% | |
| Other expenses | $8 | 0.0% | |
| Total | $7,998,613 | 100% |
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