GEENEN FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GEENEN FAMILY FOUNDATION (EIN 38-3534246)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-05-12
IRS object ID
202341329349101204
Schema version
2022v5.0
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)
Return2023-05-12T08:37:14-04:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

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 Begin2022-01-01TaxPeriodBeginDt

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
Signature2023-05-11SignatureDt

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
Preparation2023-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$901,942FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$30,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$1,995InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$1,995InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$16,725DividendsRevAndExpnssAmt
Dividends Net Invst Incm$16,725DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$35,984NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$505,121GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$13,400CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$84,704TotalRevAndExpnssAmt
Total Net Invst Incm$32,120TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$525AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$525AccountingFeesNetInvstIncmAmt
Taxes Rev And Expnss$833TaxesRevAndExpnssAmt
Taxes Net Invst Incm$833TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$3,655OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$3,655OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$5,013TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$5,013TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$20,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$20,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$25,013TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$5,013TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$20,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$59,691ExcessRevenueOverExpensesAmt
Net Investment Income$27,107NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$63,311CashBOYAmt
Cash EOY$72,418CashEOYAmt
Cash EOYFMV$72,417CashEOYFMVAmt
Corporate Stock BOY$725,016CorporateStockBOYAmt
Corporate Stock EOY$775,600CorporateStockEOYAmt
Corporate Stock EOYFMV$829,525CorporateStockEOYFMVAmt
Total Assets BOY$788,327TotalAssetsBOYAmt
Total Assets EOY$848,018TotalAssetsEOYAmt
Total Assets EOYFMV$901,942TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$788,327RetainedEarningBOYAmt
Retained Earning EOY$848,018RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$788,327TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$848,018TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$788,327TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$848,018TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$788,327TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$59,691ExcessRevenueOverExpensesAmt
Subtotal$848,018SubtotalAmt
Tot Net Ast Or Fund Balances EOY$848,018TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$13,400CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$377InvestmentIncomeExciseTaxAmt
Subtotal$377SubtotalAmt
Tax Based On Investment Income$377TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$340EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$340TotalPaymentsAndCreditsAmt
Tax Due$37TaxDueAmt

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$900,183AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$66,321AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$966,504TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$966,504AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$14,498CashDeemedCharitableAmt
Net Vl Noncharitable Assets$952,006NetVlNoncharitableAssetsAmt
Minimum Investment Return$47,600MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$47,600MinimumInvestmentReturnAmt
Tax Based On Investment Income$377TaxBasedOnInvestmentIncomeAmt
Total Tax$377TotalTaxAmt
Distributable Before Adj$47,223DistributableBeforeAdjAmt
Distributable Before Ded$47,223DistributableBeforeDedAmt
Distributable As Adjusted$47,223DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$20,000ExpensesAndContributionsAmt
Qualifying Distributions$20,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$47,223DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$57,291ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$10,006ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$27,380ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$38,359ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$133,036TotalExcessDistributionCyovAmt
Qualifying Distributions$20,000QualifyingDistributionsAmt
Applied To Current Year$20,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$27,223ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$27,223ExcessDistributionCyovAppCYAmt
Total Corpus$105,813TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$30,068ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$75,745ExcessDistriCyovToNextYrAmt
Excess From Year4$10,006ExcessFromYear4Amt
Excess From Year3$27,380ExcessFromYear3Amt
Excess From Year2$38,359ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
DORR BAPTIST
1504 142ND AVEDORRMI49323501(C)3RELIGIOUS$5,000
WINNING AT HOME
300 S STATE STREETZEELANDMI49464501(C)3RELIGIOUS$5,000SUITE 13
BEACON OF HOPE
12 W 8TH STREET STE 250HOLLANDMI49423NON-PROFITRELIGIOUS$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$20,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$1,995ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$16,725ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$13,400ExclusionAmt
Related Or Exempt Function Incm$22,584RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$32,120ExclusionAmt
Related Or Exempt Function Incm$22,584RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$54,704TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonCHARLES GEENENContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Total Contributions$30,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$525Amt
Net Investment Income$525NetInvestmentIncomeAmt

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
EVENTIDE GILEAD FUNDPURCHASE2022-12$40,057$58,000-$17,943
LONG TERM - MACATAWA BANK 0509PURCHASE$451,664$411,137$40,527

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockMACATAWA BANKStockNm
EOY Book Value$775,600EOYBookValueAmt
EOYFMV$829,525EOYFMVAmt

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$3,635$3,635

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FEDERAL TAX$444$444
MAC BANK - FOREIGN TAXES PD$389$389

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