CHARLES J STROSACKER FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES J STROSACKER FOUNDATION (EIN 38-6062787)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-16
- IRS object ID
- 202312289349100606
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-16T08:39:52-04:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383133790 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREWS HOOPER PAVLIK PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 GRATIOT RD | AddressLine1Txt |
| City | SAGINAW | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486386035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 386062787 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHARLES J STROSACKER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 9898320066 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN STREET PO BOX 471 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES L BORIN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9898320066 | PhoneNum |
| Signature | 2023-07-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | BORIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | false | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN B HUNT | PreparerPersonNm |
| PTIN | P01830636 | PTIN |
| Phone | 9894975300 | PhoneNum |
| Preparation | 2023-07-05 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $82,533,256 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $7,289 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $7,289 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,532,226 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,532,226 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,110,239 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,168,982 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,110,239 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $93,817 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $92,063 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,743,571 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,741,817 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $101,731 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $101,731 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $25,000 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $25,000 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $340 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $170 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $170 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $13,616 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,808 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $6,808 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $178,018 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $178,018 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $35,000 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $50,904 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $50,904 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $404,609 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $184,996 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $184,613 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,600,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,600,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,004,609 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $184,996 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,784,613 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,261,038 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,556,821 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,514,775 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,124,147 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,124,147 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $41,682,586 | CorporateStockBOYAmt |
| Corporate Stock EOY | $43,391,990 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $68,696,593 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $16,732,923 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $13,189,972 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $12,365,880 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $410,808 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $346,636 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $346,636 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $60,341,092 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,052,745 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $82,533,256 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $6,503,090 | GrantsPayableBOYAmt |
| Grants Payable EOY | $6,035,350 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $40,528 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $13,219 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $6,543,618 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $6,048,569 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $53,797,474 | RetainedEarningBOYAmt |
| Retained Earning EOY | $52,004,176 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $53,797,474 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $52,004,176 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $60,341,092 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $58,052,745 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $53,797,474 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,261,038 | ExcessRevenueOverExpensesAmt |
| Other Increases | $467,740 | OtherIncreasesAmt |
| Subtotal | $52,004,176 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $52,004,176 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $11,168,982 | GrossSalesPriceAmt |
| Cost Or Other Basis | $10,058,743 | CostOrOtherBasisAmt |
| Gain Or Loss | $1,110,239 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $1,110,239 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,110,239 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $35,540 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $35,540 | SubtotalAmt |
| Tax Based On Investment Income | $35,540 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $16,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $43,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $7,460 | OverpaymentAmt |
| Applied To ES Tax | $7,460 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.STROSACKER.ORG | WebsiteAddressTxt |
| Individual With Books | JAMES BORIN | IndividualWithBooksNm |
| Phone | 9898320066 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 MAIN STREET | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48640 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (18 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BOBBIE N ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | CHAIRMAN | 1.38 | $0 | $0 | $0 |
| DAVID J ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.35 | $0 | $0 | $0 |
| KIMBERLEE K BACZEWSKI | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | PRES./CEO | 40.00 | $101,731 | $0 | $0 |
| JOHN N BARTOS | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| JAMES L BORIN | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TREASURER | 0.69 | $0 | $0 | $0 |
| DAVID H DUNN | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| CAROLYN THRUNE DURAND | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| RICHARD M REYNOLDS | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | EXEC. V.P. | 0.35 | $0 | $0 | $0 |
| CHARLES J THRUNE | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| CHARLIE C THRUNE LUNDQUIST | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | SECRETARY | 0.46 | $0 | $0 | $0 |
| ERICK J ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| DAN LUNDQUIST | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 48640 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| KARIE A ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| RICHARD A HAZLETON | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE EMER | 0.09 | $0 | $0 | $0 |
| AMY E WILSON | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| DR LYDIA WATSON | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| ANDREA DOMINOWSKI | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| CHARLES KENDALL | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM BLAIR | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 WEST ADAMS STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MGMT | ServiceTypeTxt |
| Compensation | $142,988 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $92,422,975 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $761,844 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $93,184,819 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $93,184,819 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,397,772 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $91,787,047 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,589,352 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,589,352 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $35,540 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $35,540 | TotalTaxAmt |
| Distributable Before Adj | $4,553,812 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,553,812 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,553,812 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,784,613 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $4,784,613 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,553,812 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $4,566,248 | UndistributedIncomePYAmt |
| Qualifying Distributions | $4,784,613 | QualifyingDistributionsAmt |
| Applied To Year1 | $4,566,248 | AppliedToYear1Amt |
| Applied To Current Year | $218,365 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $4,335,447 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GRANT REQUESTS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 471 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9898320066 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATIONS SHOULD BE MADE BY LETTER DESCRIBING: THE PURPOSE, MAJOR EXPENDITURES, MAJOR INCOME SOURCES, TIMING REQUIREMENTS, AND AMOUNTS REQUESTED. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THERE IS NO DEADLINE; SUBMISSIONS CAN BE MADE AT ANY TIME DURING THE YEAR. | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE FOUNDATION MAKES GRANTS ONLY TO ELIGIBLE ORGANIZATIONS NOT TO INDIVIDUALS. THEREFORE, THE APPLICANT SHOULD ALSO FURNISH COPIES OF THE THE FOLLOWING: THE IRS LETTER GRANTING TAX EXEMPT STATUS TO THE ORGANIZATION. THE ORGANIZATION'S LATEST FINANCIAL STATEMENTS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN ST PO BOX 471 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $4,600,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,600,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN ST PO BOX 471 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $5,180,350 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $5,180,350 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $7,289 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,532,226 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $92,063 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,110,239 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NORTH COAST TECHNOLOGY UBI | Desc |
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $1,754 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $1,754 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,741,817 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,743,571 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $13,616 | Amt |
| Net Investment Income | $6,808 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,808 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE ATTACHED STMTS | BondNm |
| EOY Book Value | $13,189,972 | EOYBookValueAmt |
| EOYFMV | $12,365,880 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED STMTS | StockNm |
| EOY Book Value | $43,391,990 | EOYBookValueAmt |
| EOYFMV | $68,696,593 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH COAST TECHNOLOGY INVEST | AT COST | $5,986 | $5,986 |
| NCTI III, LTD PARTNERSHIP | AT COST | $284,498 | $284,498 |
| NCTI IV, LTD PARTNERSHIP | AT COST | $56,152 | $56,152 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $340 | LegalFeesAmt |
| Net Investment Income | $170 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $170 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXPENSES | ||
| RENT | $12,600 | $12,600 |
| OFFICE EXPENSES | $13,954 | $13,954 |
| BANK SERVICE CHARGES | $15 | $15 |
| CONFERENCE FEES AND EXPENSES | $9,987 | $9,987 |
| COMPUTER AND SOFTWARE EXPENSE | $11,948 | $11,948 |
| INSURANCE | $2,400 | $2,400 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| GAIN FROM K-1S | $92,063 | $92,063 |
| NORTH COAST TECHNOLOGY UBI | $1,754 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DECREASE IN FUTURE PLEDGES | Desc |
| Amt | $467,740 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $40,528 | BOYBookValueAmt |
| EOY Book Value | $13,219 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MGMT FEES | CategoryTxt |
| Amt | $178,018 | Amt |
| Net Investment Income | $178,018 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $35,000 | Amt |
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