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Nonprofit · EIN 38-2434184

DAVENPORT UNIVERSITY FOUNDATION

Tax-exempt · GRAND RAPIDS, MI 49512

Financials

$2.4M$5.1M2022$2.7M$3.1M2023$3.8M$3.4M2024
Revenue Expenses · by fiscal year end
Financials of DAVENPORT UNIVERSITY FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$3,751,094$3,445,480$305,614$38,168,900$190,674$37,978,226
June 30, 2024990$2,672,537$3,056,491-$383,954$37,121,266$104,058$37,017,208
June 30, 2023990$2,423,738$5,062,254-$2,638,516$34,936,508$61,955$34,874,553
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$1,360,109
Program service revenue
$0
Investment income
$2,638,135
Net gain from sales of assets
$1,822,981
Net income from fundraising events
-$247,150
Other revenue
-$247,150

Expenses

Grants and similar amounts paid
$3,244,693
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Program services (functional)
$3,244,693
Management and general (functional)
$200,787

Balance sheet and other

Total assets, start of year
$37,121,266
Total assets, end of year
$38,168,900
Total liabilities, end of year
$190,674
Net assets, end of year
$37,978,226
Publicly traded securities
$33,865,895
Net assets without donor restrictions
$2,587,420
Net assets with donor restrictions
$35,390,806
Gross receipts
$13,218,097
Employees
0
Volunteers
8
Year formed
1982
State of legal domicile
MI

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 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAVID VENEKLASEFORMER INTERIM TREASURER/SECRETARY/EVP FOR FINANCE
Former
0$0$1,089,454$0
RICHARD PAPPASTRUSTEE
Trustee or director
1$0$575,108$225,875
ANTHONY ANDERSONTRUSTEE
Trustee or director
1$0$300,200$83,006
RACHEL RENDEREXECUTIVE DIRECTOR/SECRETARY
Officer
1$0$258,839$106,731
WILLIAM LETTINGAPRESIDENT
Trustee or director, Officer
1$0$0$0
RACHEL MRAZTREASURER
Trustee or director, Officer
1$0$0$0
JAMES ALBERSTRUSTEE
Trustee or director
1$0$0$0
CHAD BASSETTTRUSTEE
Trustee or director
1$0$0$0
SCOTT GEERLINGSTRUSTEE
Trustee or director
1$0$0$0
JEFF LUMPPTRUSTEE
Trustee or director
1$0$0$0
RALPH SLIDERTRUSTEE
Trustee or director
1$0$0$0
JEFFREY ZYLSTRATRUSTEE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2024: 12 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RICHARD PAPPASTRUSTEE
Trustee or director
1$0$572,915$343,926
RACHEL RENDEREXECUTIVE DIRECTOR/SECRETARY
Officer
1$0$259,267$103,058
DAVID VENEKLASEFORMER INTERIM TREASURER/SECRETARY/EVP FINANCE/CFO
Former
0$0$265,036$41,757
ANTHONY ANDERSONTRUSTEE
Trustee or director
1$0$163,224$39,982
WILLIAM LETTINGAPRESIDENT
Trustee or director, Officer
1$0$0$0
RACHEL MRAZTREASURER
Trustee or director, Officer
1$0$0$0
JAMES ALBERSTRUSTEE
Trustee or director
1$0$0$0
CHAD BASSETTTRUSTEE
Trustee or director
1$0$0$0
SCOTT GEERLINGSTRUSTEE
Trustee or director
1$0$0$0
JEFF LUMPPTRUSTEE
Trustee or director
1$0$0$0
RALPH SLIDERTRUSTEE
Trustee or director
1$0$0$0
JEFFREY ZYLSTRATRUSTEE
Trustee or director
1$0$0$0
990 for the year ended June 30, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
RICHARD PAPPASTRUSTEE
Trustee or director
1$0$611,327$359,107
DAVE VENEKLASETRUSTEE - PARTIAL YEAR
Trustee or director
1$0$321,518$62,815
RACHEL RENDEREXECUTIVE DIRECTOR/SECRETA
Officer
1$0$281,808$99,777
WILLIAM LETTINGACHAIRMAN
Trustee or director, Officer
1$0$0$0
RACHEL MRAZTREASURER
Trustee or director, Officer
1$0$0$0
JAMES ALBERSTRUSTEE
Trustee or director
1$0$0$0
CHAD BASSETTTRUSTEE
Trustee or director
1$0$0$0
SCOTT GEERLINGSTRUSTEE
Trustee or director
1$0$0$0
RALPH SLIDERTRUSTEE
Trustee or director
1$0$0$0
JANET VELDHOUSETRUSTEE
Trustee or director
1$0$0$0
JEFFREY ZYLSTRATRUSTEE
Trustee or director
1$0$0$0
JEFF LUMPPTRUSTEE
Trustee or director
1$0$0$0
ANTHONY ANDERSONTRUSTEE
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
6191 KRAFT AVE SE, GRAND RAPIDS, MI 49512-9396
Principal officer (990 for 2024)
ANTHONY ANDERSON, 6191 KRAFT AVE SE, GRAND RAPIDS, MI 49512
Signed the 990
ANTHONY ANDERSON, EVP FOR FINANCE AND CFO
Phone
(616) 451-3511
Return prepared by
PLANTE & MORAN PLLC

Mission

TO SECURE FINANCIAL SUPPORT FOR THE PURPOSE OF GROWING THE UNIVERSITY FOUNDATION ENDOWMENT, STUDENT SCHOLARSHIPS, AND THE DEVELOPMENT OF NEEDED PROGRAMS AND CAPITAL PROJECTS.

990 for the year ended June 30, 2025

Program accomplishments

  • PROVIDED SUPPORT TO ASSIST DAVENPORT UNIVERSITY IN THE ACCOMPLISHMENT OF ITS EDUCATIONAL OBJECTIVES, INCLUDING THE FUNDING OF PROGRAMS, THE MAKING OF GRANTS TO THE UNIVERSITY, THE FUNDING OF SCHOLARSHIPS, AND OTHER SUPPORTING ACTIVITIES.
    Expenses $3,244,693 · grants $3,244,693

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
38-2434184
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1984
Accounting year ends
June
Files
Form 990 or 990-EZ
Category (NTEE)
Education (B114)
Assets (IRS master file)
$38,168,900
Income (IRS master file)
$13,218,097

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$3,751,094$3,445,480$38,168,900XML
990June 2024$2,672,537$3,056,491$37,121,266XML
990June 2023$2,423,738$5,062,254$34,936,508XML
990June 2022$6,158,659$1,715,428$36,303,700IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2018–––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 38-2434184).

Questions about DAVENPORT UNIVERSITY FOUNDATION

What is the EIN of DAVENPORT UNIVERSITY FOUNDATION?
The employer identification number (EIN) of DAVENPORT UNIVERSITY FOUNDATION is 38-2434184.
Is DAVENPORT UNIVERSITY FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1984.
Are donations to DAVENPORT UNIVERSITY FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does DAVENPORT UNIVERSITY FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DAVENPORT UNIVERSITY FOUNDATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAVENPORT UNIVERSITY FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DAVENPORT UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 names ANTHONY ANDERSON.
Who are the officers and directors of DAVENPORT UNIVERSITY FOUNDATION?
The 990 for the year ended June 30, 2025 lists 12 people; 0 received compensation from the organization.
How much revenue does DAVENPORT UNIVERSITY FOUNDATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $3,751,094, expenses of $3,445,480 and total assets of $38,168,900 at year end.

Other nonprofits in GRAND RAPIDS

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