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Nonprofit · EIN 38-2653272

BILL AND BEA IDEMA FOUNDATION

Tax-exempt · GRAND RAPIDS, MI 49501

Financials

$3.1M$2.6M2023$5.2M$6.8M2024
Revenue Expenses · by fiscal year end
Financials of BILL AND BEA IDEMA FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$5,225,585$6,809,275-$1,583,690$118,203,328$0$118,203,328
December 31, 2023990-PF$3,067,377$2,567,863$499,514$119,688,344$0$119,688,344
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Dividends
$2,258,012
Interest
$1,096,168
Net gain from sales of assets
$1,871,405

Expenses

Grants and similar amounts paid
$5,930,000
Compensation of officers, directors and key employees
$27,175
Disbursements for charitable purposes
$5,950,381
Excise tax on investment income
$61,365

Balance sheet and other

Total assets, start of year
$119,688,344
Total assets, end of year
$118,203,328
Total liabilities, end of year
$0
Net assets, end of year
$118,203,328
Fair market value of assets
$138,145,170
Qualifying distributions
$5,950,381
Net investment income
$5,225,585

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.

NameTitleHours / weekCompensation
JEFFREY B POWER
1828 WILDFLOWER PLACE, THE VILLAGES, FL 32162
PRESIDENT/SECRETARY/TRUSTEE2$27,175
P CRAIG WELCH JR
6821 HOMESTEAD DRIVE NE, ROCKFORD, MI 49341
CHAIRPERSON/TRUSTEE1$0
HEIDI B JARK
38 FOUNTAIN SQUARE PLAZA MD 1090VD, CINCINNATI, OH 45202
VICE PRESIDENT - GRANTS1$0
KRISTINE NISPER
111 LYON ST NW, GRAND RAPIDS, MI 49503
TREASURER1$0
THOMAS WELCH
111 LYON ST NW, GRAND RAPIDS, MI 49503
TRUSTEE1$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
JEFFREY B POWER
1828 WILDFLOWER PLACE, THE VILLAGES, FL 32162
PRESIDENT/SECRETARY/TRUSTEE2$28,000
P CRAIG WELCH JR
6821 HOMESTEAD DRIVE NE, ROCKFORD, MI 49341
CHAIRPERSON/TRUSTEE1$0
HEIDI B JARK
38 FOUNTAIN SQUARE PLAZA MD 1090VD, CINCINNATI, OH 45202
VICE PRESIDENT - GRANTS1$0
LISA SHARP
111 LYON ST NW, GRAND RAPIDS, MI 49503
TREASURER1$0
THOMAS WELCH
111 LYON ST NW, GRAND RAPIDS, MI 49503
TRUSTEE1$0

Address and contacts

Address (IRS master file)
PO BOX 3636, GRAND RAPIDS, MI 49501-3636
In care of
% FIFPH THIRD BANK
Signed the 990-PF
KRISTINE NISPER, TREASURER
Phone
(616) 653-5321
Return prepared by
HUNGERFORD CPAS ADVISORS

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 yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
38-2653272
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
1986
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$118,203,328
Income (IRS master file)
$58,905,477

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$5,225,585$6,809,275$118,203,328IRS
990-PFDecember 2023$3,067,377$2,567,863$119,688,344XML
990-PFDecember 2022–––IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 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 38-2653272).

Questions about BILL AND BEA IDEMA FOUNDATION

What is the EIN of BILL AND BEA IDEMA FOUNDATION?
The employer identification number (EIN) of BILL AND BEA IDEMA FOUNDATION is 38-2653272.
Is BILL AND BEA IDEMA FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1986.
Are donations to BILL AND BEA IDEMA FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does BILL AND BEA IDEMA FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of BILL AND BEA IDEMA 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 BILL AND BEA IDEMA 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 BILL AND BEA IDEMA FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 1 received compensation from the organization, the highest $27,175 (JEFFREY B POWER, PRESIDENT/SECRETARY/TRUSTEE).
How much revenue does BILL AND BEA IDEMA FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $5,225,585, expenses of $6,809,275 and total assets of $118,203,328 at year end.

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