Skip to main contentqqqqyrz

The Wege Foundation

Profile

Last Updated: 2016-02-29

At A Glance

The Wege Foundation

P.O. Box 6388

Grand Rapids, MI United States 49516-6388

Telephone: (616) 957-0480

URL: www.wegefoundation.com

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business
  • Family foundation

Financial Data

(yr. ended 2013-12-31)

Assets: $280,417,272

Total giving: $13,376,933

EIN

386124363

BRIDGE Number

5883967620

Additional Contact Information

E-mail for Jody Price: jprice@wegefoundation.org

Background

Established on July 13, 1967 in MI - Founded in the name of Peter Martin Wege, who founded the Metal Office Furniture Company in 1912. M.O. F., as it was called, became Steelcase Inc., on Dec. 1, 1954. In 1998, Steelcase became a public company traded on the New York Stock Exchange. The foundation was established to help fund needed public causes in the community where Peter Martin Wege's son, Peter Melvin Wege, was born and raised.

Purpose and Activities

Giving primarily to the environment, education, arts and culture, community service and health care.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Program-Related Investment

The foundation has made a one-time PRI in the form of a loan to a nature organization to purchase a camp.

Fields of Interest

Subjects
  • Child welfare
  • Community and economic development
  • Elementary and secondary education
  • Higher education
  • Hospital care
  • Human services
  • Museums
  • Natural resources
  • Performing arts
Population Groups
  • Academics
  • Children and youth
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2013-12-31

Assets: $280,417,272 (market value)

Gifts received: $155,671,198

Expenditures: $15,576,827

Total giving: $13,376,933

Qualifying distributions: $14,223,676

Giving activities include:

$13,376,933 for 350 grants (high: $200,000; low: $100)