De Vos Urban Leadership Initiative
- Assets
- $120.7k
- Revenue
- $3.2m
- Investments
- $24.5k
- Employees
- 0
- Location
- Grand Rapids, MI
- Founding
- 11/1970
- Data as of
- 12/2021
- EIN
- 23-7066873
Organization Overview
De Vos Urban Leadership Initiative is located in Grand Rapids, MI. The organization was established in 1970. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. DE Vos Urban Leadership Initiative is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2021, DE Vos Urban Leadership Initiative generated $3.2m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 9.3% each year. All expenses for the organization totaled $3.2m during the year ending 12/2021. While expenses have increased by 6.9% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, DE Vos Urban Leadership Initiative has awarded 29 individual grants totaling $616,300. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DEVOS URBAN LEADERSHIP INITIATIVE IMPLEMENTED A PROGRAM TO IDENTIFY AND TRAIN EMERGING YOUTH MINISTRY LEADERS IN LOCAL URBAN, INNER-CITY COMMUNITIES. IN 2021, 58 PARTICIPANTS FROM CHICAGO, CINCINNATI, DENVER, NEWARK AND THE SAN FRANCISCO BAY AREA. THE SELECTION PROCESS WAS ALSO COMPLETED FOR 47 PARTICIPANTS FROM LOUISVILLE KY, DETROIT MI, WASHINGTON DC, SAN ANTONIO TX AND PORTLAND OR. THE CURRICULUM WAS DELIVERED THROUGH IN-PERSON WORKSHOPS AND CONFERENCES TO BENEFIT PERSONS IN LEADERSHIP POSITIONS WORKING WITH AT-RISK YOUTH IN THEIR RESPECTIVE ORGANIZATIONS AND CITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert H Schierbeek Coo/vp | 0.1 | $0 | |
Jeffrey S Bowerman VP Of Tax | 0.1 | $0 | |
Douglas L Devos President/director | 0.1 | $0 | |
Richard M Devos Jr Director | 0 | $0 | |
Susan E Valcq Treasurer And Secretary | 0.1 | $0 | |
Suzanne C Devos Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,220,000 |
| Interest on Savings | $5 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $25 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,220,005 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $132,914 |
| Printing and publications | $43,737 |
| Other expenses | $755,357 |
| Total operating and administrative expenses | $2,969,024 |
| Contributions, gifts, grants paid | $239,000 |
| Total expenses and disbursements | $3,208,024 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $96,153 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $24,513 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $120,666 |
| Accounts payable and accrued expenses | $7,206 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,206 |
Grants Awarded
Over the last fiscal year, De Vos Urban Leadership Initiative has awarded $262,500 in support to 13 organizations.
| Grant Recipient | Amount |
|---|---|
REAL RESOURCES INC PURPOSE: GENERAL OPERATING | $80,000 |
THRIVE COLLECTIVE PURPOSE: GENERAL OPERATING | $60,000 |
Santa Ana, CA PURPOSE: GENERAL OPERATING | $50,000 |
CENTER FOR TRANSFORMATIONAL DISCIPLESHIP PURPOSE: GENERAL OPERATING | $15,000 |
YOUTH LEADERSHIP INSTITUTE PURPOSE: GENERAL OPERATING | $11,500 |
Superior, CO PURPOSE: PROJECT/PROGRAM - DENVER LEADERSHIP INITIATIVE | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Fred F Silk Charitable Foundation Louisville, OH | $0 | $2,703,630 |
Jewish Foundation Of Cincinnati Cincinnati, OH | $344,322,004 | $65,111,190 |
Charles F Kettering Foundation Dayton, OH | $413,895,327 | $17,762,033 |
Jay And Jeanie Schottenstein Foundation Columbus, OH | $12,858,446 | $29,259,001 |
The Lozick Family Foundation Pepper Pike, OH | $264,438,182 | $44,457,050 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Timken Foundation Of Canton Canton, OH | $32,951,548 | $35,361,538 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |
Siemer Family Foundation Columbus, OH | $55,510,313 | $15,843,554 |
Orphan Foundation Of America Orph Cleveland, OH | $10,515,752 | $16,785,416 |