WEGE FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- WEGE FOUNDATION (EIN 38-6124363)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-10
- IRS object ID
- 202213149349102501
- Schema version
- 2021v4.2
- 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
- Amortization Schedule
- Depreciation Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Reduction Explanation Statement
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-10T13:33:27-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382492570 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEENE GARTER | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 GRANDVILLE AVE SW STE 100 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | 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 | 386124363 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WEGE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WEGE | BusinessNameControlTxt |
| Phone | 6169570480 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MONROE AVE NW 902 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495036210 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARK VAN PUTTEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6169570480 | PhoneNum |
| Signature | 2022-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MARK | PersonFirstNm |
| Person Last | VAN PUTTEN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CLAUDE A TITCHE CPA | PreparerPersonNm |
| PTIN | P00144077 | PTIN |
| Phone | 6162355200 | PhoneNum |
| Preparation | 2022-11-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $391,073,326 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $5,508,432 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,508,432 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $41,855,643 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $71,835,365 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $41,855,643 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $112,413 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $112,413 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $47,476,488 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $47,476,488 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $514,404 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $128,601 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $385,803 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $289,271 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $16,538 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $272,733 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $216,213 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $30,308 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $185,905 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $216,469 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $216,469 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $98,144 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $98,144 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,358,572 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,358,572 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $21,373 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $21,373 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $624,165 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $335,666 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $78,866 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $11,830 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,220 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,220 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $338,959 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $41,824 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $280,436 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,766,656 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,259,325 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,135,097 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $28,458,545 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $27,808,545 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $33,225,201 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,259,325 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $28,943,642 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $14,251,287 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $44,217,163 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,501,110 | CashBOYAmt |
| Cash EOY | $2,779,549 | CashEOYAmt |
| Cash EOYFMV | $2,779,549 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,466,671 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $19,363,432 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $19,363,432 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $79,769 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $2,317,606 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $79,769 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $79,769 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $30,338,516 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $43,524,517 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $44,871,721 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $52,383,835 | CorporateStockBOYAmt |
| Corporate Stock EOY | $51,961,459 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $97,077,509 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $25,232,230 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $29,070,395 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $42,754,675 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,177,640 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $731,286 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $499,492 | LandBOYAmt |
| Land EOY | $446,354 | LandEOYAmt |
| Land EOYFMV | $446,354 | LandEOYFMVAmt |
| Other Assets BOY | $168,306,115 | OtherAssetsBOYAmt |
| Other Assets EOY | $154,297,183 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $183,700,317 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $288,045,575 | TotalAssetsBOYAmt |
| Total Assets EOY | $301,522,658 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $391,073,326 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $12,307 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $568 | AccountsPayableEOYAmt |
| Grants Payable BOY | $14,939,869 | GrantsPayableBOYAmt |
| Grants Payable EOY | $14,547,048 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $14,952,176 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,547,616 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $2,090,645 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $2,090,645 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $271,002,754 | RetainedEarningBOYAmt |
| Retained Earning EOY | $284,884,397 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $273,093,399 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $286,975,042 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $288,045,575 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $301,522,658 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $273,093,399 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $14,251,287 | ExcessRevenueOverExpensesAmt |
| Other Increases | $392,821 | OtherIncreasesAmt |
| Subtotal | $287,737,507 | SubtotalAmt |
| Other Decreases | $762,465 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $286,975,042 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $13,459,457 | $10,784,632 | $2,674,825 | $2,674,825 | |
| PUBLICLY TRADED SECURITIES | $35,393,062 | $19,195,090 | $16,197,972 | $16,197,972 | |
| PARTNERSHIP K-1S | $21,467,971 | $21,467,971 | $21,467,971 | ||
| CAPITAL GAINS DIVIDENDS | $1,514,875 | $1,514,875 | $1,514,875 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $41,855,643 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $614,619 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $614,619 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $614,619 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $332,016 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $525,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $857,016 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $242,397 | OverpaymentAmt |
| Applied To ES Tax | $242,397 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | Yes (1) | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.WEGEFOUNDATION.COM | WebsiteAddressTxt |
| Individual With Books | MARK VAN PUTTEN | IndividualWithBooksNm |
| Phone | 6169570480 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MONROE AVE NW STE 902 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495036210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 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 |
|---|---|---|---|---|---|---|---|---|
| JONATHAN M WEGE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | CHAIR, TRUSTEE | 1.00 | $0 | $0 | $0 |
| MARK VAN PUTTEN | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | PRESIDENT, CEO | 40.00 | $372,749 | $24,650 | $26,045 |
| DALE RIETBERG | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | SECRETARY | 1.00 | $0 | $0 | $0 |
| KATHLEEN FURTADO | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TREASURER | 40.00 | $141,655 | $11,936 | $32,153 |
| JOHANNA OSMAN | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| CHRISTOPHER CARTER | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| CAITLIN WEGE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| LAURA WEGE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| JUAN OLIVAREZ | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| MARY GOODWILLIE NELSON | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | VICE CHAIR, TRUSTEE | 1.00 | $0 | $0 | $0 |
| CHRISTOPHER WEGE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | VICE CHAIR, TRUSTEE | 1.00 | $0 | $0 | $0 |
| DIANA WEGE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | VICE CHAIR, TRUSTEE | 1.00 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| EMILY ALEMAN-MCALPINE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 485036210 | PROGRAM OFFICER | 40.00 | $132,087 | $11,102 | $42,153 |
| LESLIE YOUNG | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 485036210 | PROGRAM ASSOCIATE | 40.00 | $91,032 | $2,694 | $34,075 |
| EMILY MATHEIN | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 485036210 | PROGRAM ASSOCIATE | 40.00 | $66,152 | $2,600 | $28,805 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PRIME BUCHHOLZ & ASSOCIATES | |||||
| 273 CORPORATE DRIVE SUITE 250 | PORTSMOUTH | NH | 03801 | INVESTMENT SERVICES | $242,484 |
| VARNUM LLP | |||||
| 333 BRIDGE ST NW | GRAND RAPIDS | MI | 49501 | LEGAL SERVICES | $115,047 |
| HONIGMAN | |||||
| 300 OTTAWA AVE NW SUITE 400 | GRAND RAPIDS | MI | 49503 | LEGAL SERVICES | $55,961 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $176,260,430 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $11,909,183 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $189,465,901 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $377,635,514 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $576,659 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $377,635,514 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,664,533 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $371,970,981 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $18,598,549 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $18,598,549 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $614,619 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $614,619 | TotalTaxAmt |
| Distributable Before Adj | $17,983,930 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $17,983,930 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $17,983,930 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $28,943,642 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $28,943,642 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $17,983,930 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,146,015 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,874,913 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $6,590,787 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,126,090 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,183,727 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $18,921,532 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $28,943,642 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $17,983,930 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $10,959,712 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $29,881,244 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $3,146,015 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $26,735,229 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,874,913 | ExcessFromYear4Amt |
| Excess From Year3 | $6,590,787 | ExcessFromYear3Amt |
| Excess From Year2 | $3,126,090 | ExcessFromYear2Amt |
| Excess From Year1 | $3,183,727 | ExcessFromYear1Amt |
| Excess From Current Year | $10,959,712 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARK VAN PUTTEN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 99 MONROE AVE NW STE 902 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495036210 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6169570480 | RecipientPhoneNum |
| Form And Info And Materials | DETAILED WRITTEN REQUEST THROUGH WEB SITE. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | ALL REQUESTS FOR GRANTS SHALL BE MADE BY SEPTEMBER 15 AND FEBRUARY 15 TO ALLOW TIME FOR PROPER RESEA | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED DETAIL | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED DETAIL | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $28,458,545 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $28,458,545 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED DETAIL | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED DETAIL | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED | GrantOrContributionPurposeTxt |
| Amt | $14,547,048 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $14,547,048 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,508,432 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $112,413 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $41,855,643 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $47,476,488 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $47,476,488 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $98,144 | Amt |
| Net Investment Income | $98,144 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail (3 entries)
| Amortized ExpensesAmortizedExpensesDesc | Acquired Completed Or ExpendedAcquiredCompletedOrExpendedDt | AmortizedAmortizedAmt | Deduction For Prior YearsDeductionForPriorYearsAmt | Amortization PeriodAmortizationPeriodRt | Net Investment IncomeNetInvestmentIncomeAmt | Total AmortizationTotalAmortizationAmt | Current Year AmortizationCurrentYearAmortizationAmt |
|---|---|---|---|---|---|---|---|
| COMPUTER SOFTWARE, QB AND ADOBE | 2016-03-08 | $613 | $613 | 36.000000000000 | $0 | $613 | |
| BLACKBAUD SOFTWARE RENEWAL | 2020-06-19 | $32,851 | $5,475 | 36.000000000000 | $0 | $16,425 | $10,950 |
| BLACKBAUD SOFTWARE RENEWAL | 2021-06-19 | $34,494 | 36.000000000000 | $0 | $5,749 | $5,749 |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (26 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| 99 MONROE IMPROVEMENTS | 2015-04-21 | $8,936 | $3,277 | SL | 15.000000000000 | $596 | $0 |
| 3 LENOVO THINKPAD COMPUTERS | 2016-01-14 | $6,591 | $6,283 | 200DB | 5.000000000000 | $308 | $0 |
| LENOVO THINKPAD COMPUTER FOR JODY | 2016-01-14 | $1,949 | $1,857 | 200DB | 5.000000000000 | $92 | $0 |
| 8 28' LED MONITORS | 2016-01-14 | $1,760 | $1,678 | 200DB | 5.000000000000 | $82 | $0 |
| NETWORK MERAKI ACCESS POINT WITH 3 YEAR LICENSE | 2016-01-14 | $1,699 | $1,699 | 200DB | 3.000000000000 | $0 | $0 |
| MERAKI ADVANCED SECURITY LICENSE 3 YEARS | 2016-01-14 | $1,200 | $1,200 | 200DB | 3.000000000000 | $0 | $0 |
| WARDROBE AND LEFT DESK FOR MARK AND DRAWERS FOR KATY'S STATION | 2016-02-10 | $3,812 | $3,634 | 200DB | 5.000000000000 | $178 | $0 |
| NEW CELL PHONES | 2016-05-03 | $1,300 | $1,229 | 200DB | 5.000000000000 | $71 | $0 |
| ARMS FOR MONITORS | 2016-05-31 | $795 | $752 | 200DB | 5.000000000000 | $43 | $0 |
| COMPUTER FOR EMILY | 2016-12-01 | $1,627 | $1,516 | 200DB | 5.000000000000 | $111 | $0 |
| 99 MONROE IMPROVEMENTS DOWNPAYMENT | 2017-01-01 | $16,000 | $3,734 | SL | 15.000000000000 | $1,067 | $0 |
| COMPUTER SOFTWARE | 2010-03-18 | $12,996 | $12,996 | SL | 5.000000000000 | $0 | $0 |
| CLICK SHARE TECHNOLOGY, WIRELESS SYSTEM LABOR AND DELIVERY | 2017-03-21 | $7,435 | $6,149 | 200DB | 5.000000000000 | $857 | $0 |
| VIDEO CONFERENCING | 2017-06-28 | $1,580 | $1,307 | 200DB | 5.000000000000 | $182 | $0 |
| 2 INTERN STATIONS, CEO OFFICE, NEW PROGRAM SPACE, NEW CONFERENCE ROOM | 2017-05-10 | $22,557 | $18,660 | 200DB | 5.000000000000 | $2,598 | $0 |
| FILM ON CONFERENCE WINDOWS | 2017-10-12 | $3,052 | $712 | SL | 15.000000000000 | $203 | $0 |
| LENOVO THINKPAD CARBON | 2019-09-30 | $2,649 | $1,378 | 200DB | 5.000000000000 | $508 | $0 |
| 99 MONROE IMPROVEMENTS | 2014-12-01 | $664,804 | $271,461 | SL | 15.000000000000 | $44,320 | $0 |
| BATHROOM RUG | 2014-10-17 | $1,060 | $927 | SL | 7.000000000000 | $133 | $0 |
| AUDIO/VIDEO | 2014-11-24 | $3,564 | $3,564 | SL | 5.000000000000 | $0 | $0 |
| SCREENS | 2020-08-26 | $2,745 | $392 | 200DB | 7.000000000000 | $672 | $0 |
| FRAMING FOR ARTWORK | 2014-11-25 | $16,005 | $14,004 | SL | 7.000000000000 | $2,001 | $0 |
| FURNITURE & FIXTURES - 99 MONROE | 2014-12-01 | $284,245 | $262,563 | SL | 7.000000000000 | $21,682 | $0 |
| FRAMING FOR ARTWORK | 2015-01-26 | $1,915 | $1,505 | SL | 7.000000000000 | $274 | $0 |
| FURNITURE & FIXTURES - 99 MONROE | 2015-04-21 | $9,106 | $7,155 | SL | 7.000000000000 | $1,301 | $0 |
| 3 LENOVO THINKPAD COMPUTERS | 2021-02-13 | $7,936 | 200DB | 5.000000000000 | $1,587 | $0 |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NC IDEA FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 BLACKWELL STREET STE 400 | AddressLine1Txt |
| City | DURHAM | CityNm |
| State Abbreviation | NC | StateAbbreviationCd |
| ZIP | 27701 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-12-16 | GrantDt |
| Grant | $100,000 | GrantAmt |
| Purpose Of Grant | NORTH CAROLINA BLACK ENTREPRENEURSHIP COUNCIL - NC BEC | PurposeOfGrantTxt |
| Any Diversion By Grantee | NONE | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 07/14/2021 | DatesOfReportsByGranteeTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $51,961,459 | EOYBookValueAmt |
| EOYFMV | $97,077,509 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $43,524,517 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $44,871,721 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ASSET BACKED SECURITIES | AT COST | $837,832 | $866,763 |
| HEDGE FUNDS | AT COST | $28,232,563 | $41,887,912 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (29 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 99 MONROE IMPROVEMENTS | $8,936 | $3,873 | $5,063 |
| 3 LENOVO THINKPAD COMPUTERS | $6,591 | $6,591 | $0 |
| LENOVO THINKPAD COMPUTER FOR JODY | $1,949 | $1,949 | $0 |
| 8 28' LED MONITORS | $1,760 | $1,760 | $0 |
| NETWORK MERAKI ACCESS POINT WITH 3 YEAR LICENSE | $1,699 | $1,699 | $0 |
| MERAKI ADVANCED SECURITY LICENSE 3 YEARS | $1,200 | $1,200 | $0 |
| WARDROBE AND LEFT DESK FOR MARK AND DRAWERS FOR KATY'S STATION | $3,812 | $3,812 | $0 |
| COMPUTER SOFTWARE, QB AND ADOBE | $613 | $613 | $0 |
| NEW CELL PHONES | $1,300 | $1,300 | $0 |
| ARMS FOR MONITORS | $795 | $795 | $0 |
| COMPUTER FOR EMILY | $1,627 | $1,627 | $0 |
| 99 MONROE IMPROVEMENTS DOWNPAYMENT | $16,000 | $4,801 | $11,199 |
| COMPUTER SOFTWARE | $12,996 | $12,996 | $0 |
| CLICK SHARE TECHNOLOGY, WIRELESS SYSTEM LABOR AND DELIVERY | $7,435 | $7,006 | $429 |
| VIDEO CONFERENCING | $1,580 | $1,489 | $91 |
| 2 INTERN STATIONS, CEO OFFICE, NEW PROGRAM SPACE, NEW CONFERENCE ROOM | $22,557 | $21,258 | $1,299 |
| FILM ON CONFERENCE WINDOWS | $3,052 | $915 | $2,137 |
| LENOVO THINKPAD CARBON | $2,649 | $1,886 | $763 |
| 99 MONROE IMPROVEMENTS | $664,804 | $315,781 | $349,023 |
| BATHROOM RUG | $1,060 | $1,060 | $0 |
| AUDIO/VIDEO | $3,564 | $3,564 | $0 |
| SCREENS | $2,745 | $1,064 | $1,681 |
| BLACKBAUD SOFTWARE RENEWAL | $32,851 | $16,425 | $16,426 |
| FRAMING FOR ARTWORK | $16,005 | $16,005 | $0 |
| FURNITURE & FIXTURES - 99 MONROE | $284,245 | $284,245 | $0 |
| FRAMING FOR ARTWORK | $1,915 | $1,779 | $136 |
| FURNITURE & FIXTURES - 99 MONROE | $9,106 | $8,456 | $650 |
| 3 LENOVO THINKPAD COMPUTERS | $7,936 | $1,587 | $6,349 |
| BLACKBAUD SOFTWARE RENEWAL | $34,494 | $5,749 | $28,745 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $216,469 | LegalFeesAmt |
| Net Investment Income | $216,469 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (11 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| AMERICAN GENERAL LIFE INS ANUITY | $1 | $1 | $129,000 |
| CONTRACT PHARMACEUTICALS | $9,265,552 | $9,265,552 | $5,190,000 |
| FINE ART | $408,360 | $408,360 | $408,360 |
| FORTUNATE INVESTORS | $1,144,298 | $1,143,886 | $1,323,393 |
| GRAM BOND | $9,420,000 | $0 | $0 |
| GRAM BOND - ACCRUED INTEREST | $269,317 | $0 | $0 |
| PARTNERSHIP INTERESTS | $147,179,592 | $142,871,482 | $175,817,894 |
| SILVER COINS | $566 | $566 | $566 |
| WEDGE GROUP - HARDING ENERGY | $112,799 | $112,799 | $108,550 |
| WEDGE GROUP - PARTNERSHIP INTERESTS | $215,630 | $204,537 | $432,554 |
| WF - PATHFINDER LLC | $290,000 | $290,000 | $290,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX DIFFERENCE | Desc |
| Amt | $762,465 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING FEE | $34,873 | $0 | $34,873 |
| DUES AND MEMBERSHIPS | $53,817 | $8,073 | $45,744 |
| INSURANCE | $19,488 | $2,923 | $16,565 |
| MEALS & ENTERTAINMENT | $963 | $0 | $963 |
| MEETINGS | $7,598 | $0 | $7,598 |
| OFFICE EXPENSES | $201,747 | $30,262 | $171,485 |
| PAYROLL FEES | $3,774 | $566 | $3,208 |
| AMORTIZATION | $16,699 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MISCELLANEOUS INCOME | $108,649 | $108,649 | $108,649 |
| PARTNERSHIP K-1S | $3,764 | $3,764 | $3,764 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN GRANTS PAYABLE | Desc |
| Amt | $392,821 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PORTFOLIO EXPENSES | $1,188,758 | $1,188,758 | $0 |
| INVESTMENT FEES | $1,169,814 | $1,169,814 | $0 |
Reduction Explanation Statement ReductionExplanationStatement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | 28,100 SHS. CONTRACT PHARMACEUTICALS LIMITED, WHICH REPRESENTS A 26.928% OF THE TOTAL 104,350 SHS. OUTSTANDING. THE FREELY TRADED VALUE PER SHARE = $205.22. 10% DISCOUNT FOR LACK OF MARKETABILITYFMV PER SHARE BASED ON LIMITATION OF IRC SEC. 4942(E)(2)(B) | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $289,000 | $0 | $0 |
| FOREIGN TAX WITHHELD ON DIVIDENDS | $283,544 | $284,045 | $0 |
| PAYROLL TAXES | $48,232 | $48,232 | $0 |
| PROPERTY TAXES | $3,389 | $3,389 | $0 |
Comments