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Davenport University Foundation

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 382434184 ✦ Grand rapids, MI ✦ Designated as a 501(c)(3)

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Overview

What is Davenport University Foundation?

The Davenport University Foundation is a nonprofit organization situated in Grand Rapids, Michigan. Its primary mission is to support Davenport University in achieving its educational objectives. They accomplish this by funding programs, making grants to the university, providing scholarships, and engaging in various supporting activities. To further its cause, the foundation raises funds with the aim of growing its endowment, financing student scholarships, and developing necessary programs and capital projects. The foundation's address is 6191 KRAFT AVE SE, Grand Rapids, MI, 49512.


Official website here: www.davenport.edu

Is Davenport University Foundation legitimate?

Davenport University Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Davenport University Foundation submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.davenport.edu

What is the mission statement of Davenport University Foundation?

The Davenport University Foundation's mission is to ensure the financial growth of its endowment, providing scholarships for students and funding necessary programs and capital projects. By securing financial support, the foundation aims to assist Davenport University in achieving its educational objectives, which include funding various programs, making grants to the university, providing scholarships, and engaging in other supporting activities.


Official website here: www.davenport.edu

Who is the CEO of Davenport University Foundation?

Richard J Pappas is the Principal Officer of Davenport University Foundation.


Official website here: www.davenport.edu

What is the revenue of Davenport University Foundation?

Davenport University Foundation's revenue in 2022 was $6,158,659.


Official website here: www.davenport.edu

Who are the executives of Davenport University Foundation and what are their salaries?

There 10 volunteers at Davenport University Foundation.


Here are 14 key members and their salaries:


Richard Pappas (Trustee)
  • Compensation: $0
  • Related: $635,231
  • Other: $402,202
Michael Volk (Trustee - Partial Year)
  • Compensation: $0
  • Related: $473,755
  • Other: $107,104
William Lettinga (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Mraz (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Albers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chad Bassett (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Geerlings (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilbur Lettinga (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ralph Slider (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Janet Veldhouse (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Zylstra (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Lumpp (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Veneklase (Trustee)
  • Compensation: $0
  • Related: $409,978
  • Other: $118,060
Rachel Render (Executive Director/Secretary)
  • Compensation: $0
  • Related: $285,698
  • Other: $87,217


Official website here: www.davenport.edu

Where can I find the form 990 for Davenport University Foundation?

Davenport University Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.davenport.edu

Learn more at the official website: www.davenport.edu

Mission Statement of Davenport University Foundation

The Davenport University Foundation's mission is centered around securing financial support. This objective aims to expand the foundation's endowment, provide scholarships for students, and foster the development of necessary programs and capital projects at Davenport University. By doing so, the foundation plays a vital role in assisting the university in achieving its educational goals. This assistance includes funding various programs, making grants to the university, offering scholarships, and engaging in other supportive activities. In essence, the Davenport University Foundation is dedicated to enhancing the university's resources and opportunities, thereby contributing to the overall growth and success of its academic community.

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Impact




October, 2024

Davenport University Foundation significantly enhances educational opportunities by securing vital financial support for Davenport University. Its efforts facilitate the funding of various programs, grants, and scholarships that directly contribute to the university's educational objectives. Through these initiatives, the Foundation plays a crucial role in expanding the university's endowment, thereby ensuring the development of essential programs and capital projects. This impact not only benefits current students through scholarships but also supports the long-term growth and sustainability of the institution in Grand Rapids, Michigan.




This information is meant to be a general summary of Davenport University Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$6,158,659 (2022)
Expenses
$1,715,428 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,682,456
  • Gross Receipts: $30,226,887

Assets and Liabilities:

  • Total Assets: $36,303,700
  • Total Liabilities: $107,342
  • Net Assets: $36,196,358

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Organization Details

Founding Year

1982

Principal Officer

Richard J Pappas

Main Address

6191 KRAFT AVE SE, GRAND RAPIDS, MI, 49512

NTEE Category

Code: B114 - Education

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