# CDV5 Foundation

CDV5 Foundation is an Endowment / Foundation based in Grand Rapids, United States.

## Overview

- **Organization type:** Endowment / Foundation
- **Headquarters:** Grand Rapids, United States
- **Region:** North America
- **Address:** Grand Rapids, Michigan, United States
- **Founded:** 1992
- **Assets under management:** Undisclosed
- **Website:** cdv5foundation.org

## Regulatory record

- **Reports private funds:** No

## About

Cheri DeVos Ehmann created the CDV5 Foundation to allocate capital toward children's health, mental health, entrepreneurialism, and direct assistance programs. The foundation operates from Grand Rapids, Michigan, and limits its geographic scope to the local area plus targeted regions abroad. The foundation holds a portfolio of mixed-use and commercial properties including Ada Village Redevelopment, Ada Hotel, A6 Building, and Boston Square Properties. These holdings sit alongside two Pilatus PC-12 NGX aircraft and two Pilatus PC-24 aircraft. No external fund commitments or co-investments appear in available records. Family members including Steve Ehmann, Hannah VanderWeide Shue, Katie VanderWeide Renker, Benjamin VanderWeide, Jessa VanderWeide, and Addie VanderWeide hold ownership stakes in Baton Collective alongside Cheri DeVos Ehmann. Cheri DeVos Ehmann previously served on the Hope College Board of Trustees and the Orlando Magic Governing Board. The DeVos family maintains participation in the West Michigan Policy Forum. The foundation functions as a grant-making entity tied directly to one branch of the DeVos family with no separate investment management arm disclosed.

## People

- Cheri DeVos Ehmann — Founder and President

## Questions

### Who runs investment decisions at CDV5 Foundation?

Cheri DeVos Ehmann serves as Founder and President. No separate CIO or investment committee is named in available records.

### Does CDV5 Foundation participate in fund commitments or only direct deals?

Available information shows ownership of local real estate assets and aircraft. No fund commitments are recorded.

### What geographic areas does CDV5 Foundation target?

The foundation restricts activity to Greater Grand Rapids and selected regions worldwide.

### How is CDV5 Foundation related to other DeVos entities?

Cheri DeVos Ehmann and immediate family members also control Baton Collective. Brothers Dick DeVos, Doug DeVos, and Dan DeVos appear in family records.

## Related profiles

- [CdR Capital](https://altss.com/profile/cdr-capital)
- [CD-Venture](https://altss.com/profile/cd-venture)

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Last updated: 2026-06-03T20:00:00.000Z

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