About
The Frederik Meijer Gardens & Sculpture Foundation was established in 1992. It is a single-purpose foundation with the goal of providing an endowment fund to support the Frederik Meijer Gardens & Sculpture Park.
Contributions and Distributions
The Foundation accepts contributions to the general endowment as well as to existing restricted and unrestricted funds. Named funds may be established with a contribution of $10,000 or more and can be designated by the donor for restricted use. Contributions may be made as cash gifts and/or pledges, including pledges in estate plans. Contributions of $1,000 or more qualify for permanent recognition. The Frederik Meijer Gardens & Sculpture Foundation is licensed by the State of Michigan, and under Federal tax law is tax exempt under Section 501(c)(3) as a Type III non-functionally integrated supporting organization.
The Foundation makes annual payments to the Frederik Meijer Gardens & Sculpture Park according to the payment policy of the Foundation.
Board of Directors
The Foundation elects an independent, public Board of Directors.
Emeritus Directors
Earl Holton (1997-2024)
Ray B. Loeschner
Fred Meijer (1992- 2011)
Lena Meijer (1992-2022)
Board of Directors
President, William J. Boer
Vice President, Amy L. Keane
Treasurer, Michael Gaudino
Secretary, Tamara R. Bailey
Director, John G. Baab
Director, Christopher J. Caldwell
Director, Saralyn Coupe
Director, Randall S. Damstra
Director, Bradley J. Freiburger
Director, Michael R. Julien
Director, Nancy G. Kennedy
Director, Kathleen P. Maine
Director, Hendrik G. Meijer
Director, Peter J.F. Meijer
Director, Jeffrey S. Padnos
Ex Officio, Candace Matthews
Executive Director, Susanne T. Veeneman
2023 Annual Report
The word “legacy” often invokes thoughts of the distant future and what we’ll leave behind. What do you want to be known for? How do you want your community to remember you? And how can your contribution live on to shape future generations?
President's Letter - Annual Report 2023
What a difference a year makes! In the Foundation’s 2022 annual report, I had to lead with bad news—that after many years of robust investment gains, there were no safe havens for investors in 2022. But, happily, 2023 was a very good year for the Foundation (and by extension, the Frederik Meijer…
Financial Report
Statement of Financial Position
As of December 31
|
2023 | 2022 | 2021 |
---|---|---|---|
Assets
Investments at Market Value
|
$177,366,120
|
$158,292,381
|
$177,190281
|
Pledges, Gifts, Other Receivables |
$248,911
|
$265,353
|
$674,243
|
Total Assets |
$177,615,031
|
$158,557,734
|
$177,864,524
|
Less: Liabilities |
($726,994)
|
($909,445)
|
($1,052,031)
|
Total Net Assets |
$176,888,037
|
$157,648,289
|
$176,812,493
|
Restricted Funds |
$86,617,667
|
$75,581,059
|
$75,891,573
|
Unrestricted Funds |
$90,270,370
|
$82,067,230
|
$100,920,920
|
Total Net Assets |
$176,888,037
|
$157,648,289
|
$176,812,493
|
Statement of Activities
As of December 31
|
2023 | 2022 | 2021 |
---|---|---|---|
Revenues and Gains
Contributions Income
|
$3,425,771
|
$14,329,272
|
$775,165
|
Investment Income or (Loss) |
$22,744,378
|
($26,355,740)
|
$25,245,656
|
Total Revenues and Gains/(Loss) |
$26,170,149
|
($12,026,468)
|
$26,020,821
|
Distributions and Expenses
Distributions to the Frederik Meijer Gardens & Sculpture Park
|
$6,767,404
|
$6,941,718
|
$5,636,042
|
Other Expenses |
$162,997
|
$196,018
|
$130,859
|
Total Distributions and Expenses |
$6,930,401
|
$7,137,736
|
$5,766,901
|
Increase (Decrease) to Net Assets |
$19,239,748
|
($19,164,204)
|
$20,253,920
|
Download our Form 990.
Thank You
Thank you to our former Board members who have also served the Foundation.
Former Board Members
John D. Bouwer (2002-2019)
Judith A. DeLapa (2007-2012)
Pamella G. DeVos (1993-2009)
Dirk Hoffius (2006-2022)
James L. Hopewell* (2015-2016)
Michael J. Jandernoa (2005-2009)
James P. Keane (2010-2015)
Fred M. Keller* (1997-2001)
Deborah Hoffman Meijer (1993-2005)
Jack H. Miller (2002-2003)
Richard A. Morton* (1997-2018)
John M. Nowak (1993-2005)
Stuart B. Padnos* (2004-2012)
H. Edward Prein* (2004-2011)
Peter M. Wege* (1993-1998)