IRVING S GILMORE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- IRVING S GILMORE FOUNDATION (EIN 23-7236057)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-12
- IRS object ID
- 202231329349102733
- Schema version
- 2021v4.0
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Decreases 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 | 2022-05-12T14:05:30-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383186775 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANSEN VALK THOMPSON & REAHM PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7171 STADIUM DR | AddressLine1Txt |
| City | KALAMAZOO | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 490094943 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237236057 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | IRVING S GILMORE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | IRVI | BusinessNameControlTxt |
| Phone | 2693426411 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 EAST MICHIGAN AVENUE STE 900 | AddressLine1Txt |
| City | KALAMAZOO | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49007 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HUGHEY JR RM | PersonNm |
| Person Title | EXEC VP/CEO | PersonTitleTxt |
| Phone | 2693426411 | PhoneNum |
| Signature | 2022-05-10 | SignatureDt |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | RICHARD | PersonFirstNm |
| Person Last | HUGHEY JR | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | RHONDA L NEWMAN | PreparerPersonNm |
| PTIN | P00047726 | PTIN |
| Phone | 2693817600 | PhoneNum |
| Preparation | 2022-05-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $388,410,325 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 | $2,745 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,745 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $10,832,548 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $10,832,548 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $30,352,922 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $92,949,828 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $30,352,922 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$7,605 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$7,605 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $41,180,610 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $41,180,610 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $641,133 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $47,621 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $593,512 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $128,764 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $128,764 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $254,892 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $6,875 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $248,493 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,355 | LegalFeesRevAndExpnssAmt |
| Legal Fees Dsbrs Chrtbl | $14,499 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,975 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $13,988 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $13,988 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,960,128 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,937,228 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $22,526 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $544,539 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $114,231 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $5,078 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $305 | DeprecAndDpltnNetInvstIncmAmt |
| Occupancy Rev And Expnss | $70,929 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $4,364 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $68,618 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $3,505 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $3,505 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $3,342 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $3,499 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $73,780 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $27,211 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $68,663 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,729,420 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,151,823 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,166,067 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $12,959,645 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $13,383,126 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $16,689,065 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,151,823 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $14,549,193 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $24,491,545 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $39,028,787 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,554 | CashBOYAmt |
| Cash EOY | $9,159 | CashEOYAmt |
| Cash EOYFMV | $9,159 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $22,700,921 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $22,860,598 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $22,860,598 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $371,532 | AcctRcvblAmt |
| Acct Rcvbl BOY | $360,642 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $371,532 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $371,532 | AcctRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $60,624 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $39,762 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $39,762 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $14,303,080 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $21,161,252 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $21,161,252 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $184,525,121 | CorporateStockBOYAmt |
| Corporate Stock EOY | $195,459,490 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $195,459,490 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $27,884,687 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $29,185,978 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $29,185,978 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $109,011,253 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $119,302,039 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $119,302,039 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,031,386 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $1,010,871 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $25,593 | LandBOYAmt |
| Land EOY | $20,515 | LandEOYAmt |
| Land EOYFMV | $20,515 | LandEOYFMVAmt |
| Total Assets BOY | $358,881,475 | TotalAssetsBOYAmt |
| Total Assets EOY | $388,410,325 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $388,410,325 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $240,465 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $280,087 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,282,481 | GrantsPayableBOYAmt |
| Grants Payable EOY | $859,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $211,071 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $242,680 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,734,017 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,381,767 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $357,147,458 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $387,028,558 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $357,147,458 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $387,028,558 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $358,881,475 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $388,410,325 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $357,147,458 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $24,491,545 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,757,968 | OtherIncreasesAmt |
| Subtotal | $388,396,971 | SubtotalAmt |
| Other Decreases | $1,368,413 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $387,028,558 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| INVESTMENT MANAGERS | P | $92,354,030 | $62,596,906 | $29,757,124 | $29,757,124 |
| SPRUCEGROVE ALL COUNTRY WORLD EX FD | P | $595,798 | $595,798 | $595,798 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $30,352,922 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $542,500 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $542,500 | SubtotalAmt |
| Tax Based On Investment Income | $542,500 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $356,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $356,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $186,500 | TaxDueAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.ISGILMORE.ORG | WebsiteAddressTxt |
| Individual With Books | DUCK CE | IndividualWithBooksNm |
| Phone | 2693426411 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 E MICHIGAN AVE STE 900 | AddressLine1Txt |
| City | KALAMAZOO | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49007 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| 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 | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| 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 (9 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 |
|---|---|---|---|---|---|---|---|---|
| PARKS FL | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | CHAIRMAN | 25.00 | $29,200 | $0 | $0 |
| MOORE JH | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | 1ST VP | 5.00 | $29,300 | $0 | $0 |
| WATTLES CD | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | TREASURER | 5.00 | $30,000 | $0 | $0 |
| KILGORE RN | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | TRUSTEE | 5.00 | $30,000 | $0 | $0 |
| BEAM RM | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZZO | MI | 49007 | SECRETARY | 5.00 | $30,000 | $0 | $0 |
| HUGHEY JR RM | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | EXEC VP/CEO | 40.00 | $216,836 | $56,424 | $0 |
| SNAPP CR | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | VP-PROGRAM | 40.00 | $115,203 | $46,421 | $0 |
| DUCK CE | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | VP-ADMIN | 40.00 | $130,594 | $42,336 | $0 |
| COLEMAN MG | ||||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | PRESIDENT | 5.00 | $30,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt |
|---|---|---|---|---|---|---|---|
| PORTER A | |||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | EXECUTIVE AS | 40.00 | $65,456 | $19,210 |
| DRENTH-THURMAN F | |||||||
| 136 E MICHIGAN AVE STE 900 | KALAMAZOO | MI | 49007 | GRANTS MGMT | 40.00 | $63,970 | $10,202 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | Address Line2ForeignAddress/AddressLine2Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Service TypeServiceTypeTxt | CompensationCompensationAmt | Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|---|---|---|---|---|---|---|
| BURGUNDY ASSET MANAGEMENT LTD | ||||||||||
| 181 BAY ST STE 4510 | BAY WELLINGTON TOWER BCE PLACE | TORONTO | ONTARIO | CA | INVEST MGMT | $383,381 | ||||
| RIVERBRIDGE PARTNERS LLC | ||||||||||
| INVEST MGMT | $323,154 | 80 SOUTH EIGHTH ST STE 120 | MINNEAPOLIS | MN | 55402 | |||||
| SANDS CAPITAL MANAGEMENT | ||||||||||
| INVEST MGMT | $320,526 | 1001 19TH ST N STE 1450 | ARLINGTON | VA | 22209 | |||||
| PZENA INVESTMENT MANAGEMENT LLC | ||||||||||
| INVEST MGMT | $231,574 | 320 PARK AVE | NEW YORK | NY | 10022 | |||||
| LSV ASSET MANAGEMENT | ||||||||||
| INVEST MGMT | $228,529 | 8545 SOLUTION CENTER | CHICAGO | IL | 60677 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 3 | ContractorPaidOver50kCnt |
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 | $360,680,470 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $21,755,017 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $25,594 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $382,461,081 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $382,461,081 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,736,916 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $376,724,165 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,836,208 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,836,208 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $542,500 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $542,500 | TotalTaxAmt |
| Distributable Before Adj | $18,293,708 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $18,293,708 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $18,293,708 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $14,549,193 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $14,549,193 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $18,293,708 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $14,107,990 | UndistributedIncomePYAmt |
| Qualifying Distributions | $14,549,193 | QualifyingDistributionsAmt |
| Applied To Year1 | $14,107,990 | AppliedToYear1Amt |
| Applied To Current Year | $441,203 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $17,852,505 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE STATEMENT | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 E MICHIGAN AVE | AddressLine1Txt |
| City | KALAMAZOO | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49007 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 2693426411 | RecipientPhoneNum |
| Form And Info And Materials | SEE STATEMENT | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | SEE STATEMENT | SubmissionDeadlinesTxt |
| Restrictions On Awards | SEE STATEMENT | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|
| GRANTS PAID | |||||
| 136 E MICHIGAN AVE | KALAMAZOO | MI | 49007 | ARTS, CULTURE & HUMANITIES | $5,713,562 |
| GRANTS PAID | |||||
| 136 E MICHIGAN AVE | KALAMAZOO | MI | 49007 | COMMUNITY DEVELOPMENT | $2,082,370 |
| GRANTS PAID | |||||
| 136 E MICHIGAN AVE | KALAMAZOO | MI | 49007 | EDUCATION | $370,000 |
| GRANTS PAID | |||||
| 136 E MICHIGAN AVE | KALAMAZOO | MI | 49007 | HEALTH & WELL-BEING | $1,625,000 |
| GRANTS PAID | |||||
| 136 E MICHIGAN AVE | KALAMAZOO | MI | 49007 | HUMAN SERVICES | $3,552,374 |
| GRANTS MATCHING | |||||
| 136 E MICHIGAN AVE | KALAMAZOO | MI | 49007 | GRANTS MATCHING | $39,820 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $13,383,126 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GRANTS PAYABLE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 136 E MICHIGAN AVE | AddressLine1Txt |
| City | KALAMAZOO | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49007 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | GRANTS PAYABLE | GrantOrContributionPurposeTxt |
| Amt | $859,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $859,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,745 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $10,832,548 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $27,114 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $30,352,922 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | SPRUCEGROVE K-1 OTHER LOSS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$34,719 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $41,180,610 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41,180,610 | 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 | AUDIT, TAX & CONSULTING SERVICES | CategoryTxt |
| Amt | $27,975 | Amt |
| Net Investment Income | $13,988 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $13,988 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | DEPRECIATION | PropertyDesc |
| Current Year Expense | $5,078 | CurrentYearExpenseAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE OBLIGATIONS | BondNm |
| EOY Book Value | $29,185,978 | EOYBookValueAmt |
| EOYFMV | $29,185,978 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $195,459,490 | EOYBookValueAmt |
| EOYFMV | $195,459,490 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $21,161,252 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $21,161,252 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| MUTUAL FUNDS | FMV | $80,160,697 | $80,160,697 |
| SECURITIZED DEBT INSTRUMENTS | FMV | $8,417,791 | $8,417,791 |
| LIMITED PARTNERSHIP | FMV | $30,723,551 | $30,723,551 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LEASEHOLD IMPROVEMENTS & EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $1,031,386 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $1,010,871 | AccumulatedDepreciationAmt |
| Book Value | $20,515 | BookValueAmt |
| EOYFMV | $20,515 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MISCELLANEOUS LEGAL FEES | CategoryTxt |
| Legal Fees | $15,355 | LegalFeesAmt |
| Disbursements Charitable Prps | $14,499 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NET EFFECT OF SPRUCEGROVE K-1 | Desc |
| Amt | $1,368,413 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXPENSES | |||
| PARKING & MILEAGE | $9,370 | $562 | $8,808 |
| INSURANCE | $11,829 | $1,650 | $10,179 |
| MEMBERSHIPS | $5,369 | $5,369 | |
| MISCELLANEOUS | $121 | $122 | |
| OFFICE SUPPLIES | $3,467 | $208 | $3,139 |
| POSTAGE | $766 | $46 | $720 |
| SOFTWARE & EQUIPMENT | $34,391 | $2,063 | $32,367 |
| TELEPHONE | $5,549 | $333 | $5,216 |
| INTERNET | $2,918 | $175 | $2,743 |
| SPRUCEGROVE K-1 OTHER EXPENSE | $22,174 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INVEST LITIGATION SETTLEMENTS | $27,114 | $27,114 |
| SPRUCEGROVE K-1 OTHER LOSS | -$34,719 | -$34,719 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS ON INVESTMENTS | Desc |
| Amt | $6,757,968 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| PENSION PAYABLE | $49,675 | $51,117 |
| ACCRUED EXPENSES | $4,396 | $5,063 |
| ACCRUED EXCISE TAX | $157,000 | $186,500 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTANTS | $95,636 | $90,338 | $5,002 |
| CUSTODIAL FEES | $95,000 | $90,000 | $5,000 |
| INVESTMENT SERVICES | $1,752,788 | $1,752,788 | |
| NON-TRUSTEE COMMITTEE MEMBERS | $15,000 | $4,000 | $11,000 |
| PAYROLL PROVIDER | $1,704 | $102 | $1,524 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $544,348 | |
| SPRUCEGROVE K-1 FOREIGN TAXES PD | $114,040 | |
| FOREIGN TAXES | $191 | $191 |
Comments