2023-11-15T14:46:21-05:00 2022-12-31 383133790 ANDREWS HOOPER PAVLIK PLC 5915 EASTMAN AVE STE 100 MIDLAND MI 486406824 990PF 2022-01-01 381437485 THE HERBERT H & GRACE A DOW FOUNDATION HERB 9896313699 1018 WEST MAIN STREET MIDLAND MI 48640 FRANCINE PADGETT CONTROLLER 9896313699 2023-11-15 true TINA HOP 999009999 false KELLIE M BOS P00448161 9898357721 2023-11-15 2022 2023-04-26 12:10:37Z X 550175251 X 901 X 29954 29954 8597542 8597542 3725 3725 3725 12082408 111995674 12103375 443020 257194 185826 185826 15447499 13956679 1490820 36347855 34691275 1676646 441882 164359 5609 271914 2561573 1123818 1437755 907213 46781 44562 815870 14900 14900 44000 22000 22000 650728 253922 316551 80097 177998 266 4493 1651329 682866 39390 882333 42018 12319 392 28800 38784 135 38649 14228235 9106 16007 946064 21441526 508487 1546730 4542875 10690033 16396731 32131559 508487 1546730 20939606 4216296 34182788 129916 185884 359836 359836 6295846 5373027 5373027 13572 28 13572 13572 44600 51914 51914 102169 62550 62550 117822767 72105114 72105114 495230123 472209238 472209238 50606528 17281917 31358252 33324611 651039669 583499862 550175251 344253 153089 25052000 19345302 2725805 1234188 28122058 20732579 X 622917611 562767283 622917611 562767283 651039669 583499862 622917611 4216296 627133907 64366624 562767283 PUBLICLY TRADED SECURITIES P 110221912 99892299 10329613 10329613 OPTION INCOME ON PUBLICLY TRADED SEC P 1773762 1773762 1773762 12103375 10329613 475141 475141 475141 600000 600000 X 15748 109111 109111 false false false false false true true false true true MI true false false false false true WWW.HHGADOWFDN.ORG FRANCINE PADGETT 9896313699 1018 W MAIN ST MIDLAND MI 48640 false false false false true false false false false false false false false false false false false false false false false false RUTH A DOAN 1018 W MAIN ST MIDLAND MI 48640 PRESIDENT 10.00 0 0 35000 MICHAEL LLOYD DOW 1018 W MAIN ST MIDLAND MI 48640 VICE PRESIDE 8.00 0 0 0 WILLARD MOTT 1018 W MAIN ST MIDLAND MI 48640 TREASURER 5.00 0 0 0 DIANE DOW HULLET 1018 W MAIN ST MIDLAND MI 48640 TSTEE/SEC'Y 3.00 0 0 0 MARGARET E THOMPSON 1018 W MAIN ST MIDLAND MI 48640 SECRETARY PA 3.00 0 0 0 JENEE VELASQUEZ 1018 W MAIN ST MIDLAND MI 48640 EXECUTIVE DI 45.00 322887 41745 0 TINA HOP 1018 W MAIN ST MIDLAND MI 48640 CONTROLLER 33.00 118995 31804 0 SUZANNA MCCUAN 1018 W MAIN ST MIDLAND MI 48640 GOV. CHAIR/T 3.00 0 0 0 MACAULEY WHITING JR 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 STEPHEN CARRAS 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 BONNIE BUCHANAN MATHESON 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 ALDEN LEE HANSON 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 DAVID CAMP 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 JAMES FITTERLING 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 LILLA YM OHRSTROM 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 KATHERINE FRANCE JONES 1018 W MAIN ST MIDLAND MI 48640 ASSOCIATE TR 2.00 0 0 0 CHARLES HILLIARD 1018 W MAIN ST MIDLAND MI 48640 ASSOCIATE TR 2.00 0 0 0 STEPHANIE THOMPSON 1018 W MAIN ST MIDLAND MI 48640 ASSOCIATE TR 2.00 0 0 0 ELIZABETH LUMBERT 1018 W MAIN ST MIDLAND MI 48640 GARDENS DIRE 40.00 176508 34231 SCOTT SCHULTHEIS 1018 W MAIN ST MIDLAND MI 48640 HORTICULTURI 40.00 90000 34040 CHARLES MARTIN 1018 W MAIN ST MIDLAND MI 48640 HORTICULTURI 40.00 89680 28666 MATT GERHARDT 1018 W MAIN ST MIDLAND MI 48640 HUMAN RESOUR 40.00 81510 22812 CARRIE NIELSEN 1018 W MAIN ST MIDLAND MI 48640 GRANTS ADMIN 40.00 68321 25825 22 SERENUS JOHNSON CONSTRUCTION 5178 KASEMEYER ROAD BAY CITY MI 48707 CONSTRUCTION 3006726 THREE RIVERS CORPORATION PO BOX 1467 MIDLAND MI 486411467 CONSTRUCTION 420920 SYM FINANCIAL ADVISORS 414 TOWNSEND ST MIDLAND MI 48640 FINANCIAL 243616 WTA ARCHITECTS 100 S JEFFERSON AVE STE 601 SAGINAW MI 48607 ARCHITECTURE 199261 SUGAR CONSTRUCTION 2968 VENTURE DR MIDLAND MI 48640 CONSTRUCTION 117923 8 ESTABLISHED IN 1899, AS A HOME FOR HERBERT H. AND GRACE A. DOW AND FAMILY, DOW GARDENS TYPICALLY WELCOMES 215,000 GUESTS PER YEAR. EXPERIENCE A DAZZLING 110-ACRE DISPLAY OF ANNUALS AND PERRENIALS PUNCTUATED BY DISTINCTIVE BRIDGES, AN AWARD-WINNING CHILDRENS GARDEN, TOWERING PINES, DELIGHTFUL WATER FEATURES, AND THE NATIONS LONGEST CANOPY WALK WHICH TAKES GUESTS FOUR STORIES HIGH INTO THE TREE TOPS. VISITORS ARE INVITED TO LEAVE THE PATHWAY AND EXPLORE THE UNIQUELY-DESIGNED LANDSCAPE, TAKE A TOUR OF THE HISTORIC PINES HOME, PARTICIPATE IN ONE OF THE MANY HANDS-ON EDUCATIONAL PROGRAMS, AND DISCOVER BEAUTIFUL ART AND MUSIC IN A RELAXED SETTING. DOW GARDENS IS COMPRISED ON AN ESTATE GARDEN, HISTORIC HOME, AND THRIVING FOREST. DOW GARDENS IS A SIGNATURE GIFT OF THE HERBERT H. AND GRACE A. DOW FOUNDATION. 9950391 N/A 311407109 6118177 251670395 569195681 569195681 8537935 560657746 28032887 28032887 475141 475141 27557746 27557746 27557746 20939606 5407816 26347422 27557746 257455 26347422 257455 26089967 1467779 NONE NONE IVY BRADEN 1018 W MAIN STREET MIDLAND MI 486404292 9896313699 HHGADOWFDN.ORG/GUIDELINES THE FORMAL GRANT APPLICATION CAN BE FOUND ON THE HERBERT H. AND GRACE A. DOW FOUNDATION WEBSITE AT WWW.HHGADOWFDN.COM. THE FIRST STEP IN THE TWO-STAGE PROCESS CONSISTS OF THE SUBMISSION OF A LETTER OF INTEREST (LOI). THE SECOND STEP IS BY INVITATION ONLY TO ORGANIZATIONS WITH REQUESTS THAT BEST ALIGN WITH FOUNDATION MISSION AND CURRENT GRANTMAKING PRIORITIES. APPLICANTS WILL BE ASKED TO INCLUDE THE FOLLOWING INFORMATION IN A PROPOSAL: A SUMMARY SETTING FORTH THE NATURE AND POTENTIAL RESULTS OF THE PROGRAM FOR WHICH FUNDING IS SOUGHT; THE TOTAL COST OF THE PROJECT, INCLUDING ANY ENDOWMENT FOR OPERATIONS; THE TOTAL AMOUNT SOUGHT FROM THE FOUNDATION, AND OVER WHAT PERIOD OF TIME THE GRANT MAY BE DISBURSED, AS WELL AS ANY OTHER FUNDING SOURCES BEING SOUGHT FOR THE PROJECT; EVIDENCE OF THE ORGANIZATION'S TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3); A DETAILED ANNUAL ORGANIZATION BUDGET AND AUDITED FINANCIAL STATEMENT FOR THE ORGANIZATION; THE NAMES OF MANAGEMENT AND OF T THE BOARD MEETS DURING THE YEAR TO MAKE FINAL DECISIONS WITH GRANTS TYPICALLY DISBURSED IN DECEMBER. THE FOUNDATION DOES NOT MAKE GRANTS DIRECTLY TO INDIVIDUALS. THE FOUNDATION'S CHARTER LIMITS ITS GRANTS TO MICHIGAN ORGANIZATIONS. THE FOUNDATION CANNOT LEGALLY SUPPORT: ORGANIZATIONS THAT ARE NOT ELIGIBLE TO RECEIVE TAX DEDUCTIBLE CONTRIBUTIONS PER THE INTERNAL REVENUE SERVICE; POLITICAL ORGANIZATIONS; SECTARIAN RELIGIOUS ORGANIZATIONS (EXCEPT THOSE THAT ARE LOCATED IN THE MIDLAND COMMUNITY); OR ORGANIZATIONS THAT PRACTICE DISCRIMINATION BY RACE, SEX, CREED, AGE, OR NATIONAL ORIGIN. THE FOUNDATION DOES NOT ACCEPT PRESET "FORMULAS FOR GIVING" PREPARED BY NONPROFIT AGENCIES. SEE ATTACHED 1018 W MAIN STREET MIDLAND MI 48640 VARIOUS 5730284 SEE ATTACHED 1018 W MAIN STREET MIDLAND MI 48640 VARIOUS 10665737 16396021 SEE ATTACHED 1018 W MAIN STREET MIDLAND MI 48640 VARIOUS 4959200 4959200 DOW GARDENS ADMISSIONS 882295 HORTICULTURAL CLASSES 17803 PINES ADMISSIONS 10587 HORTICULTURE SUP/EQUIP SALE 24331 14 29954 14 8597542 16 3725 18 13956679 1 12082408 453220 185826 WEDDINGS 32202 MISC 8100 SEE K-1 UBI INCOME ATTACHME 900099 515502 701328 34670308 975318 36346954 1A ADMISSION FEES FOR DOW GARDENS 1B HORTICULTURAL CLASSES FOR CHILDREN & OTHERS 1C ADMISSIONS FEES FOR THE PINES AREA OF THE GARDENS 1D HORTICULTURAL SUPPLIES SOLD AS PART OF CHARITABLE ACTIVITIES ASSOCIATED WITH DOW GARDENS 11B FEES CHARGED FOR WEDDINGS HELD IN THE GARDENS; ENCOURAGING THE PUBLIC TO UTILIZE THE BEAUTY OF THE GARDENS 11C MINOR EXPENSES RELATED TO OPERATIONS false false false false false false false false false false ACCOUNTING FEES 44000 22000 22000 SEE ATTACHED LISTING 351831 8089171 1651329 GREENHOUSE CONS PURCHASE 33548 -12222 21326 GREENHOUSE IMPRO PURCHASE 1045 -385 660 CONSERVATORY SERVICE DOORS PURCHASE 14566 -7890 6676 50 GAL WATER HEATER - CONSERVATORY PURCHASE 1175 -470 705 DUPONT STOCK 5248891 5248891 DOW CHEMICAL STOCK 26395577 26395577 DFA INTL SMALL CAP VALUE 8264181 8264181 DFA INFLATION PROTECTED 4346240 4346240 DFA US LARGE CAP 6039437 6039437 AMERICAN NEW PERSPECTIVE FUND 21810788 21810788 DFA INTL VALUE PORT 16-1625273 - APJOHN FMV 65081 65081 26-3886702 - AQR STYLE PREMIA FMV 6349652 6349652 03-0469267 - ARBORETUM 1 FMV 636234 636234 20-3879026 - ARBORETUM 1A FMV 309658 309658 20-8495541 - ARBORETUM 2 FMV 198622 198622 27-4709037 - ARBORETUM VENTURES III FMV 653160 653160 47-4200749 - ARBORETUM VENTURES IV FMV 1407695 1407695 36-4443622 - ARCH DEVELOPMENT FUND 1 FMV 1326907 1326907 06-1582470 - ARCH VENTURE FUND V FMV 64043 64043 27-3114657 - ARSENAL VENTURE CAPITAL FMV 3282748 3282748 81-3994795 - AUXO INVESTMENT PARTNER FMV 215861 215861 81-4008189 - AUXO GROWTH HOLDINGS I FMV 5217195 5217195 38-7142204 - BLACKSTONE ALTERNATIVES FMV 1272808 1272808 36-4800114 - BLACKSTONE CAPITAL FMV 9195906 9195906 13-3492071 - BLACKSTONE PARTNERS INV FMV 23783407 23783407 98-1386129 - CARLYLE PE ACCESS FUND FMV 7007182 7007182 61-1780481 - CARLYLE STRAT. PART. IV FMV 4061694 4061694 61-1742367 - FORTRESS CREDIT OPP IV FMV 2256251 2256251 98-1439362 - FORTRESS CREDIT OPP V FMV 7607036 7607036 38-4046268 - FORTRESS INTELLECT PROP FMV 2613500 2613500 32-0431732 - FORTRESS RE OPP. II FMV 825116 825116 32-0499393 - FORTRESS RE OPP. III FMV 7490024 7490024 62-1451003 - GT PARTNERS LP FMV 23357698 23357698 62-1570892 - GT GLOBAL HEDGE MKT FMV 16366068 16366068 83-2178554 - KKR PRINCIPAL OPP FMV 8805538 8805538 38-7136002 - LS REAL ESTATE REC IV FMV 709886 709886 46-6669749 - LS VIII RECOVERY TRUST FMV 410643 410643 38-3431245 - NORTHCOAST FMV 54861 54861 13-4359956 - NCTI III LIMITED PTRSHP FMV 3381459 3381459 82-3021163 - NCTI IV, PARTNERSHIP FMV 930560 930560 82-3278140 - PRIVATE EQUITY CO INV. FMV 8381878 8381878 83-2538130 - PEG GLOBAL PRIVATE EQ. FMV 40602001 40602001 35-2491286 - RCP DIRECT II LP FMV 1044220 1044220 37-1884177 - RCP DIRECT III FMV 7338895 7338895 45-3135867 - RCP FUND VIII LP FMV 1316772 1316772 36-4766444 - RCP FUND IX LP FMV 1904028 1904028 32-0457025 - RCP FUND X FMV 2293092 2293092 35-2550581 - RCP FUND XI FMV 2153186 2153186 37-1860110 - RCP FUND XII, LP FMV 3475921 3475921 83-0557610 - RCP FUND XIII FMV 5452743 5452743 90-0852883 - RCP SECONDARY OPP. II FMV 525510 525510 61-1855521 - RCP SECONDARY OPP III FMV 2896125 2896125 80-0805959 - RENAISSANCE VENTURE CAP FMV 5220157 5220157 ABRAAJ GROWTH MARKETS FMV 4849610 4849610 BLACKROCK CORE BOND FMV 1815545 1815545 BLACKROCK EMERGING MARKETS FMV 7600662 7600662 BRANDYWINEGLOBAL - DIAMOND HILL FMV 4713322 4713322 BREP EUROPE IV REAL FMV 998898 998898 BREP EUROPE VI SC SP FMV 4344288 4344288 CARLYLE US EQUITY FMV 1086878 1086878 CARLYLE US REALTY FMV 615474 615474 CEMOF II FOREIGN INVESTORS FMV 603731 603731 CION ARES DIVERSIFIED FMV 10675065 10675065 CRESCENT VI MEZZANINE FMV 518884 518884 CSP III DISTRESSED FMV 274847 274847 DFA EMERGING MARKETS CORE EQTY FMV 8963134 8963134 DRIEHAUS EMERGING MARKET GROWTH FMV 8651754 8651754 FIDELITY TOTAL MARKET FMV 35814822 35814822 FR XIII GLOBAL ENERGY FMV 3445971 3445971 GI PARTNERS IV FMV 2573059 2573059 GOLDMAN SACHS VINTAGE VI FMV 412949 412949 GOLDMAN SACHS VINTAGE VII FMV 2992112 2992112 GS PRIVATE MIDDLE MARKET CR FMV 2206828 2206828 GSO MEZZANINE FINANCE FMV 511716 511716 ISHARES CORE US FMV 23236282 23236282 JP MORGAN GLOBAL BOND FMV 5058181 5058181 JP MORGAN INTREPID FMV 8681884 8681884 MOON CAPITAL GLOBAL FMV 189664 189664 PIMCO CORPORATE OPPORTUNITY FMV 1787556 1787556 PIMCO ST FMV 4278589 4278589 PMC PARTNERS I OFFSHORE FMV 380196 380196 SCHWAB US BROAD MARKET ETF FMV 24068929 24068929 THORNBURG INTERNATIONAL GROWTH FMV 14589385 14589385 VANGUARD SMALL CAP ETF FMV 5971440 5971440 VANGUARD TOTAL STOCK MARKET FMV 19040803 19040803 VESEY STREET FUND FMV 3629386 3629386 US TREASURY NOTES FMV 11474937 11474937 DIMENSIONAL INTERN CORE FMV 22545740 22545740 TRUEBRIDGE FUND VII FMV 1145696 1145696 36-4119709 - ARCH VENTURE FUND III FMV 47-0859230 - ARCH VENTURE IV-A FMV ALLIQUA STOCK FMV IMPINJ INC FMV CARLYLE SP DISTRESSED III FMV JOHCM INTL CS FMV SIERRA ONCOLOGY COMMON STOCK FMV SEE ATTACHED 50606528 17281917 33324611 LEGAL FEES 14900 14900 UNREALIZED LOSSES 64366624 GIFT SHOP & BEVERAGE SALES BANK FEES 20 20 INFORMATION TECH & SOFTWARE 11735 11735 EVENTS/PROGRAMS/CLASSES 98 98 EMPLOYEE EXPENSES 42 42 MEMBERSHIPS AND SUBSCRIPTIONS 88 88 SUPPLIES 3249 3249 ADVERTISING 775 775 EXPENSES EMPLOYEE EXPENSES 22962 23543 BANK FEES 40595 348 40247 INSURANCE 60602 60602 PAYROLL PROCESSING FEES 139 8 131 PRESIDENT'S EXPENSES 35000 8750 26250 ASSOCIATE STIPENDS 12000 12000 SUPPLIES 181239 181483 MISCELLANEOUS 1423 1613 CLASSES AND EVENTS 106647 108877 ADVERTISING 21854 21904 INFORMATION TECH & SOFTWARE 111021 111046 POSTAGE 6120 7440 MEMBERSHIPS & SUBSCRIPTIONS 9399 9299 SPECIAL PROJECTS 300150 295892 FINES, PENALTIES, & JUDGMENTS 5518 FUEL 15844 16756 HOUSEKEEPING SUPPLIES 20892 15239 UNIFORMS 13032 13032 COMMUNITY PARTICIPATION 710 710 BOOK/TAX DIFFERENCE 14466657 EXCISE TAX BENEFIT -1219576 DOW GARDENS ADMISSIONS 882295 882295 HORTICULTURAL CLASSES 17803 17803 PINES ADMISSIONS 10587 10587 HORTICULTURE SUP/EQUIP SALES 24331 24331 SEE K-1 INCOME ATTACHMENT 13956679 13956679 WEDDINGS 32202 32202 MISC 8100 8100 SEE K-1 UBI INCOME ATTACHMENT 515502 515502 DEFERRED TAX LIABILITY 1807995 738978 EXCISE TAX PAYABLE 711810 320000 UNRELATED BUSINESS TAX PAYABLE 206000 175210 INVESTMENT MANAGEMENT FEES 253922 253922 CONTRACTED SERVICES 57539 57381 CONSULTANT 22716 22716 GIFT SHOP & BEVERAGE SALES 31878 31878 INVESTMENT UBI 284673 284673 GIFT SHOP & BEVERAGE SALES 443020 257194 185826 UBI TAXES 173239 LICENSE & PERMITS 4493 4493 GIFT SHOP & BEVERAGE SALES 266 266