Herbert H & Grace A Dow Foundation
Only null% goes to programs Strong reserves
Herbert H & Grace A Dow Foundation is a 501(c)(3) organization based in Midland, Michigan, registered in 1943, with $55,944,598 in FY2024 revenue. CharityIndex grades it B.
1018 W Main St, Midland, MI, 48640 EIN 38-1437485 Since 1943
Revenue (FY2024)
$55.9M
▲ 36.7% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$38.2M
Net assets
$618.5M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for Herbert H & Grace A Dow Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
B+Financial health25% of the rating194 mo reserves · +32% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Herbert H & Grace A Dow Foundation: 194 mo reserves · +32% margin earns a B+ on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for Herbert H & Grace A Dow Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Herbert H & Grace A Dow Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
Show this grade on your website
A live seal — it updates automatically when the grade changes and links donors to this verified profile.
Contact & location
- Address
- 1018 W Main St, Midland, MI, 48640
- City
- Midland
- State
- Michigan
- Subcategory
- Private Foundations
- Website
- …
Financial trends
Revenue grew from $31.1M (FY2015) to $55.9M (FY2024) across 10 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $24.1MNet assets $618.5M
Operating margin
31.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$642.6M
Total liabilities
$24.1M
Net assets
$618.5M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $55,944,598▲36.7% | $38,170,123▼15.4% | $618,504,472▲3.7% | $642,648,050▲3.5% | 990PF |
| 2023 | $40,934,354▲12.6% | $45,144,955▲40.5% | $596,689,310▲6.0% | $621,175,059▲6.5% | 990PF |
| 2022 | $36,347,855▼33.6% | $32,131,559▼30.8% | $562,767,283▼9.7% | $583,499,862▼10.4% | 990PF |
| 2021 | $54,700,097▲48.8% | $46,400,766▲57.6% | $622,917,611▲11.8% | $651,039,669▲13.1% | 990PF |
| 2020 | $36,767,282▲62.4% | $29,450,493▲18.1% | $557,328,787▲7.6% | $575,608,768▲6.6% | 990PF |
| 2019 | $22,642,128▲40.0% | $24,946,131▼5.0% | $518,146,448▲7.0% | $540,170,019▲7.7% | 990PF |
| 2018 | $16,177,225▼65.0% | $26,257,438▲26.4% | $484,245,864▼9.8% | $501,434,911▼9.9% | 990PF |
| 2017 | $46,197,446▲10.9% | $20,772,752▼1.7% | $536,929,918▲15.3% | $556,369,412▲14.7% | 990PF |
| 2016 | $41,652,809▲33.9% | $21,130,314▼34.4% | $465,496,108▲3.3% | $485,069,005▲2.8% | 990PF |
| 2015 | $31,099,887 | $32,205,534 | $450,586,115 | $471,890,088 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Similar organizations in Philanthropy
Compare Herbert H & Grace A Dow Foundation
Frequently asked questions
- Is Herbert H & Grace A Dow Foundation a legitimate nonprofit?
- Yes. Herbert H & Grace A Dow Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 38-1437485, based in Midland, Michigan. Donations are tax-deductible.
- What is Herbert H & Grace A Dow Foundation's EIN?
- Herbert H & Grace A Dow Foundation's Employer Identification Number (EIN) is 38-1437485.
- How much revenue does Herbert H & Grace A Dow Foundation report?
- Herbert H & Grace A Dow Foundation reported $55,944,598 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does Herbert H & Grace A Dow Foundation have?
- CharityIndex grades Herbert H & Grace A Dow Foundation B, based on financial health (reserves and operating margin).
More nonprofits in Midland
Explore more
Data for Herbert H & Grace A Dow Foundation (EIN 38-1437485) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.