GEENEN FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GEENEN FAMILY FOUNDATION (EIN 38-3534246)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-09
IRS object ID
202441309349101114
Schema version
2023v5.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-05-09T09:51:41-04:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN383171341PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GEENEN AND KOLEAN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1246 SOUTH RIVER AVENUE SUITE 201AddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383534246EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEENEN FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O CHARLES GEENENBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGEENBusinessNameControlTxt
Phone6163964950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES GEENENPersonNm
Person TitlePRES, TREASPersonTitleTxt
Phone6163964950PhoneNum
Signature2024-05-08SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHARLESPersonFirstNm
Person LastGEENENPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN A JOHNSONPreparerPersonNm
PTINP00417328PTIN
Phone6163930398PhoneNum
Preparation2024-05-08PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$1,009,397FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$535InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$535InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$24,491DividendsRevAndExpnssAmt
Dividends Net Invst Incm$24,491DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$9,233NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$537,542GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$6,447CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$34,259TotalRevAndExpnssAmt
Total Net Invst Incm$31,473TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$495AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$495AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$417TaxesRevAndExpnssAmt
Taxes Net Invst Incm$417TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$4,001OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$4,001OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$4,913TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,913TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$10,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$10,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,913TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,913TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$10,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$19,346ExcessRevenueOverExpensesAmt
Net Investment Income$26,560NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$72,418CashBOYAmt
Cash EOY$62,022CashEOYAmt
Cash EOYFMV$62,020CashEOYFMVAmt
Corporate Stock BOY$775,600CorporateStockBOYAmt
Corporate Stock EOY$805,342CorporateStockEOYAmt
Corporate Stock EOYFMV$947,377CorporateStockEOYFMVAmt
Total Assets BOY$848,018TotalAssetsBOYAmt
Total Assets EOY$867,364TotalAssetsEOYAmt
Total Assets EOYFMV$1,009,397TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$848,018RetainedEarningBOYAmt
Retained Earning EOY$867,364RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$848,018TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$867,364TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$848,018TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$867,364TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$848,018TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$19,346ExcessRevenueOverExpensesAmt
Subtotal$867,364SubtotalAmt
Tot Net Ast Or Fund Balances EOY$867,364TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$6,447CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$369InvestmentIncomeExciseTaxAmt
Subtotal$369SubtotalAmt
Tax Based On Investment Income$369TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$380EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$380TotalPaymentsAndCreditsAmt
Overpayment$11OverpaymentAmt
Applied To ES Tax$11AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHARLES GEENENIndividualWithBooksNm
Phone6163964950PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES GEENEN
1276 BEACH DRHOLLANDMI49423PRES, TREAS000.00$0$0$0
JULIE GEENEN
1276 BEACH DRHOLLANDMI49423DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$888,451AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$71,531AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$959,982TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$959,982AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,400CashDeemedCharitableAmt
Net Vl Noncharitable Assets$945,582NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,279MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,279MinimumInvestmentReturnAmt
Tax Based On Investment Income$369TaxBasedOnInvestmentIncomeAmt
Total Tax$369TotalTaxAmt
Distributable Before Adj$46,910DistributableBeforeAdjAmt
Distributable Before Ded$46,910DistributableBeforeDedAmt
Distributable As Adjusted$46,910DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$10,000ExpensesAndContributionsAmt
Qualifying Distributions$10,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$46,910DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$10,006ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$27,380ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$38,359ExcessDistributionCyovYr3Amt
Total Excess Distribution Cyov$75,745TotalExcessDistributionCyovAmt
Qualifying Distributions$10,000QualifyingDistributionsAmt
Applied To Current Year$10,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$36,910ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$36,910ExcessDistributionCyovAppCYAmt
Total Corpus$38,835TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$38,835ExcessDistriCyovToNextYrAmt
Excess From Year4$476ExcessFromYear4Amt
Excess From Year3$38,359ExcessFromYear3Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1COMMUNITY ACTION HOUSEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1345 W 14TH STAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation Status501(C)(3)RecipientFoundationStatusTxt
Grant Or Contribution PurposeNON-PROFITGrantOrContributionPurposeTxt
Amt$10,000Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$10,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$535ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$24,491ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$6,447ExclusionAmt
Related Or Exempt Function Incm$2,786RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$31,473ExclusionAmt
Related Or Exempt Function Incm$2,786RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$34,259TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
Amt$495Amt
Net Investment Income$495NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (13 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
EVENTIDE GILEAD FUND - SHORTPURCHASE2023-07$27,399$25,000$2,399
FEDERATED INST HI YLD - SHORTPURCHASE2023-07$5,071$5,000$71
MERCER US LARGE - SHORTPURCHASE2023-11$70,049$75,000-$4,951
OBERWEIS INTERNATIONAL - SHORTPURCHASE2023-10$15,000$17,213-$2,213
SOUTHERN FIRST BANK CD - SHORTPURCHASE2023-01$150,000$150,000
DFA INT CORE EQUITY - LONGPURCHASE2023-07$25,000$20,696$4,304
DFA US CORE EQ 2 - LONGPURCHASE2023-07$50,000$32,400$17,600
EVANSVILLE TEACHER - LONGPURCHASE2023-08$50,000$50,000
FIDERATED INST HI YLD - LONGPURCHASE2023-07$30,293$35,000-$4,707
FIRST EAGLE GLOBAL - LONGPURCHASE2023-07$16,932$15,000$1,932
GOLDMAN SACHS - LONGPURCHASE2023-07$47,574$53,000-$5,426
JP MORGAN MID CAP - LONGPURCHASE2023-07$21,555$25,000-$3,445
MFS VALUE FUND - LONGPURCHASE2023-07$22,222$25,000-$2,778

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMACATAWA BANKStockNm
EOY Book Value$805,342EOYBookValueAmt
EOYFMV$947,377EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
MICHIGAN ANNUAL FEE$20$20
FIDUCIARY FEES$3,981$3,981

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAX$417$417
MAC BANK - FOREIGN TAXES PD

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.