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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Philanthropy, Voluntarism & Grantmaking The Herbert H & Grace a Dow Foundation

The Herbert H & Grace a Dow Foundation

Fiscal year ending 2024. Filed on November 14, 2025.

1018 West Main Street
Midland, Michigan 48640

The Herbert H & Grace a Dow Foundation (EIN: 38-1437485) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Herbert H & Grace a Dow Foundation, a 501(c)(3) charitable organization, reported compensation for 15 employees. Among the employees shown here, the average compensation is $237,210. The highest compensated employee at The Herbert H & Grace a Dow Foundation is Jenee Velasquez with fiscal year 2024 compensation of $441,803.

Revenue, expenses, and employee compensation

Revenue

$55,944,598

Expenses

$38,170,123

Employee compensation

—
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Jenee Velasquez
Executive Director
$441,803
$395,645 No related comp$46,158
Francine Padgett
Chief Financial Officer
$234,828
$217,241 No related comp$17,587
Ruth A Doan
President
$35,000
$0 No related comp$35,000
Bonnie Buchanan Matheson
Trustee
$0
Diane Dow Hullet
Secretary
$0
Michael Lloyd Doan
Vice President
$0
MacAuley Whiting Jr
Trustee
$0
Lilla Ym Ohrstrom
Trustee
$0
Sarah Opperman
Trustee
$0
James Fitterling
Trustee
$0
Willard Mott
Treasurer
$0
Suzanna McCuan
GOV Chair/T
$0

Benchmark Employee Compensation

Revisions to this organization profile

November 14, 2025:
2024 The Herbert H & Grace a Dow Foundation 990 filed
November 14, 2024:
2023 The Herbert H & Grace a Dow Foundation 990 filed
November 15, 2023:
2022 The Herbert H & Grace a Dow Foundation 990 filed

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