Nonprofit · EIN 38-1437485
HERBERT H & GRACE A DOW FOUNDATION
Also known as DOW GARDENS
Tax-exempt · MIDLAND, MI 48640
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990-PF | $55,944,598 | $38,170,123 | $17,774,475 | $642,648,050 | $24,143,578 | $618,504,472 |
| December 31, 2023 | 990-PF | $40,934,354 | $45,144,955 | -$4,210,601 | $621,175,059 | $24,485,736 | $596,689,310 |
Financial details: 990-PF for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $5,170
- Dividends
- $13,340,224
- Interest
- $118,229
- Net rental income
- $1,766
- Net gain from sales of assets
- $25,315,510
- Other income
- $16,938,622
Expenses
- Grants and similar amounts paid
- $12,884,987
- Compensation of officers, directors and key employees
- $612,886
- Salaries, compensation and benefits (total)
- $2,752,659
- Disbursements for charitable purposes
- $18,006,462
- Excise tax on investment income
- $712,696
Balance sheet and other
- Total assets, start of year
- $621,175,059
- Total assets, end of year
- $642,648,050
- Total liabilities, end of year
- $24,143,578
- Net assets, end of year
- $618,504,472
- Fair market value of assets
- $642,648,050
- Qualifying distributions
- $20,080,509
- Net investment income
- $51,681,536
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENEE VELASQUEZ 1018 W MAIN ST, MIDLAND, MI 48640 | EXECUTIVE DI | 60 | $395,645 | $46,158 |
| FRANCINE PADGETT 1018 W MAIN ST, MIDLAND, MI 48640 | CFO | 60 | $217,241 | $17,587 |
| ELIZABETH LUMBERT 1018 W MAIN ST, MIDLAND, MI 48640 | GARDENS DIRE Highest-paid employee | 40 | $217,007 | $34,917 |
| MATTHEW GERHARDT 1018 W MAIN ST, MIDLAND, MI 48640 | HUMAN RESOUR Highest-paid employee | 40 | $150,045 | $26,981 |
| SCOTT SCHULTHEIS 1018 W MAIN ST, MIDLAND, MI 48640 | HORTICULTURI Highest-paid employee | 40 | $97,336 | $33,928 |
| CAROLYNN PATEN 1018 W MAIN ST, MIDLAND, MI 48640 | DIRECTOR OF Highest-paid employee | 40 | $93,536 | $22,076 |
| ROBBIE BLIESENER 1018 W MAIN ST, MIDLAND, MI 48640 | EXECUTIVE AS Highest-paid employee | 40 | $86,160 | $21,340 |
| RUTH A DOAN 1018 W MAIN ST, MIDLAND, MI 48640 | PRESIDENT | 10 | $0 | $0 |
| MICHAEL LLOYD DOAN 1018 W MAIN ST, MIDLAND, MI 48640 | VICE PRESIDE | 8 | $0 | $0 |
| WILLARD MOTT 1018 W MAIN ST, MIDLAND, MI 48640 | TREASURER | 8 | $0 | $0 |
| DIANE DOW HULLET 1018 W MAIN ST, MIDLAND, MI 48640 | SECRETARY | 4 | $0 | $0 |
| STEPHEN CARRAS 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| JAMES FITTERLING 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| ALDEN LEE HANSON 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| BONNIE BUCHANAN MATHESON 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
5 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| SUZANNA MCCUAN 1018 W MAIN ST, MIDLAND, MI 48640 | GOV. CHAIR/T | 8 | $0 |
| LILLA YM OHRSTROM 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 |
| SARAH OPPERMAN 1018 MAIN STREET, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 |
| STEPHANIE SCHEETS 1018 MAIN STREET, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 |
| MACAULEY WHITING JR 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 |
990-PF for the year ended December 31, 2023: 20 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| JENEE VELASQUEZ 1018 W MAIN ST, MIDLAND, MI 48640 | EXECUTIVE DI | 60 | $348,480 | $43,530 |
| ELIZABETH LUMBERT 1018 W MAIN ST, MIDLAND, MI 48640 | GARDENS DIRE Highest-paid employee | 40 | $190,557 | $35,972 |
| FRANCINE PADGETT 1018 W MAIN ST, MIDLAND, MI 48640 | CFO | 60 | $168,400 | $3,721 |
| SCOTT SCHULTHEIS 1018 W MAIN ST, MIDLAND, MI 48640 | HORTICULTURI Highest-paid employee | 40 | $93,000 | $35,597 |
| MATTHEW GERHARDT 1018 W MAIN ST, MIDLAND, MI 48640 | HUMAN RESOUR Highest-paid employee | 40 | $88,990 | $24,756 |
| ABIGAIL CLAERHOUT 1018 W MAIN ST, MIDLAND, MI 48640 | HORTICULTURI Highest-paid employee | 40 | $69,865 | $27,603 |
| MICHELLE HOLMES 1018 W MAIN ST, MIDLAND, MI 48640 | GIFT SHOP MA Highest-paid employee | 40 | $65,500 | $24,547 |
| RUTH A DOAN 1018 W MAIN ST, MIDLAND, MI 48640 | PRESIDENT | 10 | $0 | $0 |
| MICHAEL LLOYD DOAN 1018 W MAIN ST, MIDLAND, MI 48640 | VICE PRESIDE | 8 | $0 | $0 |
| WILLARD MOTT 1018 W MAIN ST, MIDLAND, MI 48640 | TREASURER | 8 | $0 | $0 |
| DIANE DOW HULLET 1018 W MAIN ST, MIDLAND, MI 48640 | SECRETARY | 4 | $0 | $0 |
| SUZANNA MCCUAN 1018 W MAIN ST, MIDLAND, MI 48640 | GOV. CHAIR/T | 8 | $0 | $0 |
| MACAULEY WHITING JR 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| STEPHEN CARRAS 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| BONNIE BUCHANAN MATHESON 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| ALDEN LEE HANSON 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| JAMES FITTERLING 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| LILLA YM OHRSTROM 1018 W MAIN ST, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| SARAH OPPERMAN 1018 MAIN STREET, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
| STEPHANIE SCHEETS 1018 MAIN STREET, MIDLAND, MI 48640 | TRUSTEE | 2 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1018 W MAIN ST, MIDLAND, MI 48640-4264
- In care of
- % HERBERT D DOAN PRESIDENT
- Signed the 990-PF
- FRANCINE PADGETT, CFO
- Phone
- (989) 631-3699
- Website
- WWW.HHGADOWFDN.ORG
- Return prepared by
- ANDREWS HOOPER PAVLIK PLC
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 38-1437485
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1943
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T21)
- Assets (IRS master file)
- $642,648,050
- Income (IRS master file)
- $143,215,993
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2024 | $55,944,598 | $38,170,123 | $642,648,050 | IRS |
| 990-T | December 2024 | – | – | – | IRS |
| 990-PF | December 2023 | $40,934,354 | $45,144,955 | $621,175,059 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990-PF | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990-PF | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
| 990-PF | December 2018 | – | – | – | IRS |
| 990-PF | December 2017 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 38-1437485).
Questions about HERBERT H & GRACE A DOW FOUNDATION
- What is the EIN of HERBERT H & GRACE A DOW FOUNDATION?
- The employer identification number (EIN) of HERBERT H & GRACE A DOW FOUNDATION is 38-1437485.
- Is HERBERT H & GRACE A DOW FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1943.
- Are donations to HERBERT H & GRACE A DOW FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does HERBERT H & GRACE A DOW FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of HERBERT H & GRACE A DOW FOUNDATION due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did HERBERT H & GRACE A DOW FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2024.
- Who are the officers and directors of HERBERT H & GRACE A DOW FOUNDATION?
- The 990-PF for the year ended December 31, 2024 lists 20 people; 7 received compensation from the organization, the highest $395,645 (JENEE VELASQUEZ, EXECUTIVE DI).
- How much revenue does HERBERT H & GRACE A DOW FOUNDATION have?
- On its 990-PF for the year ended December 31, 2024 it reported revenue of $55,944,598, expenses of $38,170,123 and total assets of $642,648,050 at year end.
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All nonprofits in MIDLAND · Michigan · Philanthropy, voluntarism and grantmaking foundations