THE EDWARD LOWE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE EDWARD LOWE FOUNDATION (EIN 38-2679673)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-12
- IRS object ID
- 202113169349100301
- Schema version
- 2020v4.0
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- 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 Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-12T00:01:16-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 350921680 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CROWE LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 225 West Wacker Drive Suite 2600 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606061224 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382679673 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Edward Lowe Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | EDWA | BusinessNameControlTxt |
| Phone | 2694454200 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 58220 Decatur Road | AddressLine1Txt |
| City | Cassopolis | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49031 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Donald R Bauters | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Signature | 2021-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Donald R | PersonFirstNm |
| Person Last | Bauters | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jennifer Burke | PreparerPersonNm |
| PTIN | P01342224 | PTIN |
| Phone | 3128997000 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $130,848,607 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
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 |
| Interest On Sav Rev And Expnss | $273 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $273 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $273 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $1,583,482 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,583,482 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $1,689,471 | DividendsAdjNetIncmAmt |
| Gross Rents Rev And Expnss | $80,620 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $80,620 | GrossRentsNetInvstIncmAmt |
| Gross Rents Adj Net Incm | $80,620 | GrossRentsAdjNetIncmAmt |
| Net Rental Income Or Loss | $80,620 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $3,029,079 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $24,502,769 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,029,079 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Sales Less Ret And Allwnc | $0 | GrossSalesLessRetAndAllwncAmt |
| Cost Of Goods Sold | $0 | CostOfGoodsSoldAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $1,190,281 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $0 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $912,943 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $5,883,735 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $4,693,454 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $2,683,307 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $673,687 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $90,000 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $606,609 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $2,525,903 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $40,225 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $361,885 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $2,041,445 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $805,663 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $13,064 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $105,382 | PensionEmplBnftAdjNetIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $683,649 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $86,885 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $93,196 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $40,080 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $43,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $958,691 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $326,005 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $354,162 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $275,276 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $302,623 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,041 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $27,291 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $261,643 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $426,626 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Occupancy Rev And Expnss | $26,396 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Adj Net Incm | $0 | OccupancyAdjNetIncmAmt |
| Occupancy Dsbrs Chrtbl | $26,396 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $12,245 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $90 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $4,333 | TravConfMeetingAdjNetIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $8,129 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $1,414 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Printing And Pub Dsbrs Chrtbl | $1,414 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $609,664 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $39,180 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $35,617 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $558,330 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $6,469,877 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $516,605 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $888,670 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,599,087 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $92,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $92,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,562,127 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $516,605 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $888,670 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,691,337 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$678,392 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,176,849 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $1,794,637 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $7,626,929 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,277,599 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,277,599 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $162,666 | AcctRcvblAmt |
| Acct Rcvbl BOY | $64,030 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $162,666 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $162,666 | AcctRcvblEOYFMVAmt |
| Pledges Rcvbl EOY | $0 | PledgesRcvblEOYAmt |
| Pledges Rcvbl EOYFMV | $0 | PledgesRcvblEOYFMVAmt |
| Rcvbl From Officers BOY | $0 | RcvblFromOfficersBOYAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Rcvbl From Officers EOYFMV | $0 | RcvblFromOfficersEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $0 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $0 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Prepaid Expenses BOY | $62,910 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $64,834 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $64,834 | PrepaidExpensesEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $0 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $0 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $66,025,247 | CorporateStockBOYAmt |
| Corporate Stock EOY | $78,204,660 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $78,204,660 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $32,817,277 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $30,792,948 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $30,792,948 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $0 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $0 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $0 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOYFMV | $0 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $8,024,439 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,914,037 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,914,037 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $16,379,802 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $7,016,889 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $9,423,283 | LandBOYAmt |
| Land EOY | $9,362,913 | LandEOYAmt |
| Land EOYFMV | $9,362,913 | LandEOYFMVAmt |
| Other Assets BOY | $78,500 | OtherAssetsBOYAmt |
| Other Assets EOY | $68,950 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $68,950 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $124,122,615 | TotalAssetsBOYAmt |
| Total Assets EOY | $130,848,607 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $130,848,607 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $796,036 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $754,488 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $0 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable BOY | $0 | MortgagesAndNotesPayableBOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $324,821 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $428,319 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,120,857 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,182,807 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $123,001,758 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $129,665,800 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $123,001,758 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $129,665,800 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $124,122,615 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $130,848,607 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $123,001,758 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$678,392 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,445,932 | OtherIncreasesAmt |
| Subtotal | $129,769,298 | SubtotalAmt |
| Other Decreases | $103,498 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $129,665,800 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| How AcquiredHowAcquiredCd | Gain Or LossGainOrLossAmt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|---|---|
| P | $0 | $0 | $0 | ||||||
| P | $0 | $0 | $0 | ||||||
| P | $0 | $0 | $0 | ||||||
| P | $0 | $0 | $0 | ||||||
| P | -$246,242 | $0 | -$246,242 | CIBC | 2020-01-01 | 2020-12-31 | $1,772,789 | $0 | $2,019,031 |
| P | $3,171,133 | $0 | $3,171,133 | CIBC | $22,625,042 | $0 | $19,453,909 | ||
| P | $2,756 | $0 | $2,756 | NORTHERN MANAGED | $2,756 | $0 | |||
| P | -$292 | $0 | -$292 | DAG VENTURES | 2020-01-01 | 2020-12-31 | $0 | $0 | $292 |
| P | $6,718 | $0 | $6,718 | DAG VENTURES | $6,718 | $0 | $0 | ||
| P | $676 | $0 | $676 | SILVER CREEK | $676 | $0 | $0 | ||
| P | -$458 | $0 | -$458 | A G REALTY | 2020-01-01 | 2020-12-31 | $0 | $0 | $458 |
| P | $88,656 | $0 | $88,656 | A G REALTY | $88,656 | $0 | $0 | ||
| P | $2,596 | $0 | $2,596 | PERRY | $2,596 | $0 | $0 | ||
| P | $3,536 | $0 | $3,536 | QVT OVERSEAS | $3,536 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,029,079 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$246,992 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $58,058 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $58,058 | SubtotalAmt |
| Tax Based On Investment Income | $58,058 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $128,520 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $128,520 | TotalPaymentsAndCreditsAmt |
| Overpayment | $70,462 | OverpaymentAmt |
| Applied To ES Tax | $70,462 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| 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 | Yes (true) | 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.edwardlowe.org | WebsiteAddressTxt |
| Individual With Books | Donald R Bauters | IndividualWithBooksNm |
| Phone | 2694454200 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 58220 Decatur Rd | AddressLine1Txt |
| City | Cassopolis | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 490310008 | 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 | Yes (true) | 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 | 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 (7 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 |
|---|---|---|---|---|---|---|---|---|
| DONALD R BAUTERS | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | SECRETARY & TREASURER | 40.000 | $166,522 | $36,232 | $0 |
| DANIEL J WYANT | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | VICE CHAIRMAN OF THE BOARD | 40.000 | $206,597 | $6,728 | $0 |
| JOHN PYCIK | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | TRUSTEE | 3.000 | $30,000 | $0 | $0 |
| MONICA WYANT | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | TRUSTEE | 3.000 | $30,000 | $0 | $0 |
| PAUL BOWLES | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | TRUSTEE | 3.000 | $31,000 | $0 | $0 |
| PETER PAIRITZ | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | TRUSTEE | 3.000 | $31,000 | $0 | $0 |
| DARLENE LOWE | ||||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | CHAIRMAN OF BOARD, CEO | 40.000 | $166,763 | $22,550 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|
| COLLEEN KILLEN-ROBERTS | |||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | VP OF Epren | 40.000 | $155,705 | $0 |
| KATHY BROWNING | |||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | DIRECTOR ADMIN | 40.000 | $125,086 | $0 |
| MIKE MCCUISTION | |||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | VP PHYS RESOURCES | 40.000 | $167,894 | $0 |
| PAUL BATESON | |||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | GM OF EXT RELATIONS | 40.000 | $124,678 | $0 |
| CHRIS RYBACK | |||||||
| 58220 Decatur Road | Cassopolis | MI | 49031 | AD OF Epren | 40.000 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 15 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CIBC PRIVATE WEALTH MANAGEMENT | |||||
| 181 W Madison St | CHICAGO | IL | 60602 | INVESTING | $229,078 |
| JACK PYCIK | |||||
| 58220 Decatur Rd | Cassopolis | IN | 49031 | INVESTING | $96,867 |
| PERKINS COIE | |||||
| PO Box 24643 | SEATTLE | WA | 98124 | LEGAL | $86,885 |
| NEW MEDIA MINDS | |||||
| 2526 S Zenobia St | Denver | CO | 80219 | CONSULTING | $81,755 |
| UPRIVERGIS LLC | |||||
| 1970 Bridgewood Drive | ORANGE PARK | FL | 32065 | CONSULTING | $80,977 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 2 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | Educational Activities - See Supplemental Information | Description1Txt |
| Expenses1 | $2,036,321 | Expenses1Amt |
| Description2 | CONSERVATION & PRESERVATION ACTIVITIES - See Supplemental Information | Description2Txt |
| Expenses2 | $1,429,193 | Expenses2Amt |
| Description3 | INFORMATION & TECHNOLOGY SERVICES - See Supplemental Information | Description3Txt |
| Expenses3 | $1,340,217 | Expenses3Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $102,992,476 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,452,264 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $296,450 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $110,741,190 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $110,741,190 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,661,118 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $109,080,072 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,454,004 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sect4942j3j5 Fndtn And Frgn Org | Yes (X) | Sect4942j3j5FndtnAndFrgnOrgInd |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,691,337 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $366,255 | CharitableAssetsAcquisPaidAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $5,057,592 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $5,057,592 | AdjustedQualifyingDistriAmt |
Private Operating Foundations PrivateOperatingFoundationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Section4942j3 | Yes (X) | Section4942j3Ind |
Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,794,637 | CurrentYearAmt |
| Year1 | $2,408,780 | Year1Amt |
| Year2 | $2,160,844 | Year2Amt |
| Year3 | $1,997,882 | Year3Amt |
| Total | $8,362,143 | TotalAmt |
Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $1,525,441 | CurrentYearAmt |
| Year1 | $2,047,463 | Year1Amt |
| Year2 | $1,836,717 | Year2Amt |
| Year3 | $1,698,200 | Year3Amt |
| Total | $7,107,822 | TotalAmt |
Qualifying Distributions QualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $5,057,592 | CurrentYearAmt |
| Year1 | $4,912,695 | Year1Amt |
| Year2 | $4,765,342 | Year2Amt |
| Year3 | $4,678,984 | Year3Amt |
| Total | $19,414,613 | TotalAmt |
Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $92,250 | CurrentYearAmt |
| Year1 | $12,467 | Year1Amt |
| Year2 | $62,565 | Year2Amt |
| Year3 | $22,679 | Year3Amt |
| Total | $189,961 | TotalAmt |
Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $4,965,342 | CurrentYearAmt |
| Year1 | $4,900,228 | Year1Amt |
| Year2 | $4,702,777 | Year2Amt |
| Year3 | $4,656,305 | Year3Amt |
| Total | $19,224,652 | TotalAmt |
Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year | $3,636,003 | CurrentYearAmt |
| Year1 | $3,733,935 | Year1Amt |
| Year2 | $3,679,378 | Year2Amt |
| Year3 | $3,552,124 | Year3Amt |
| Total | $14,601,440 | TotalAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| KINEXUS GROUP | |||||||
| 330 W MAIN STREET | BENTON HARBOR | MI | 49022 | NONE | PC | GENERAL SUPPORT | $70,000 |
| UNIVERSITY OF CENTRAL FLORIDA RESEARCH FOUNDATION INC | |||||||
| 4365 ANDROMEDA LOOP | ORLANDO | FL | 32816 | NONE | SO I | GENERAL SUPPORT | $10,000 |
| HELPING HANDS OF CASS COUNTY | |||||||
| PO BOX 221 | CASSOPOLIS | MI | 49031 | NONE | PC | GENERAL SUPPORT | $1,500 |
| ACTION MINISTRIES | |||||||
| 301 MAIN STREET | DOWAGIAC | MI | 49047 | NONE | PC | GENERAL SUPPORT | $1,100 |
| EDWARDSBURG FOOD PANTRY | |||||||
| 24832 US HIGHWAY 12 | EDWARDSBURG | MI | 49112 | NONE | PC | GENERAL SUPPORT | $1,100 |
| MARCELLUS COMMUNITY FOOD PANTRY | |||||||
| 175 S CENTRE ST | MARCELLUS | MI | 49067 | NONE | PC | GENERAL SUPPORT | $1,100 |
| SALVATIUOIN ARMY OF NILES | |||||||
| PO BOX 996 | NILES | MI | 49120 | NONE | PC | GENERAL SUPPORT | $800 |
| MISCELLANEOUS 500 AND UNDER | |||||||
| AVAILABLE UPON REQUEST | SOUTHWEST | MI | 49031 | NONE | PC | GENERAL SUPPORT | $6,650 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $92,250 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Program Service Rev Part VII ProgramServiceRevPartVIIGrp (2 entries)
| DescDesc | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt |
|---|---|
| INFORMATION SERVICES | $720,985 |
| EDUCATIONAL ACTIVITIES | $147,646 |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $273 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,583,482 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $80,620 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,029,079 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|---|
| PARTNERSHIP INCOME TAXED ON 990T | 531390 | $105,989 | ||
| EMPLOYEE RETENTION CREDIT INCOME | 1 | $171,349 | ||
| RETURN OF FUNDS - MSU | 1 | $44,312 | ||
| 1 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $105,989 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,909,115 | ExclusionAmt |
| Related Or Exempt Function Incm | $868,631 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,883,735 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (2 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 1a | INCOME RECEIVED FROM SIG (SYSTEM FOR INTEGRATED GROWTH) AND ECONOMIC GARDENING |
| 1b | PROGRAM SERVICE REVENUE FOR PROVIDING FACILITIES AND INFORMATION FOR THE CONDUCT OF EXEMPT ACTIVITIES |
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 | Yes (true) | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
Transfer Schedule Detail TransferScheduleDetail (3 entries)
| Line NumberLineNumberTxt | InvolvedInvolvedAmt | Transfers Trans And Shr ArrngmTransfersTransAndShrArrngmDesc |
|---|---|---|
| Small Business Association of Michigan | ||
| 1b(6) | $389 | Membership dues |
| American Institute of Certified Public Accountants | ||
| 1b(6) | $760 | Membership dues |
| Indiana CPA Society | ||
| 1b(6) | $435 | Membership dues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CROWE | CategoryTxt |
| Amt | $40,080 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $43,000 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Expense | $426,626 | CurrentYearExpenseAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (5 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| FORM 990PF, LINE 23 - OTHER EXPENSES | Form 990-PF, Part I, Line 23 | AMOUNTS LISTED UNDER NET INVESTMENT INCOME FOR THE FOLLOWING DESCRIPTIONS ARE PARTIALLY LIMITED TO RENTAL INCOME FROM PROPERTY USED FOR CHARITABLE PURPOSES: EMPLOYEE RELATIONS GASOLINE & OIL GENERAL INSURANCE LICENSES MAINTENANCE PROPERTY EXPENSE SUPPLIES TELEPHONE TRASH HAULING UTILITIES WORKMANS COMPENSATION DUES LUNCHEONS & MEETINGS POSTAGE SUBSCRIPTIONS MISCELLANEOUS |
| PART VII - B, LINE 1A (3) & (4) | Form 990-PF, Part VII, Section B Line1 a 3 | DARLENE LOWE, DAN WYANT, AND DOUGLAS WYANT ARE DISQUALIFIED PERSONS WITH RESPECT TO THE FOUNDATION. DARLENE LOWE RECEIVED COMPENSATION IN HER ROLE AS CHAIRMAN OF THE BOARD AND CEO AND DAN WYANT AS VICE CHAIRMAN. DOUGLAS WYANT WAS COMPENSATED FOR SERVICES. DARLENE LOWE PROVIDES OFFICE SPACE WITHOUT CHARGE TO THE FOUNDATION. ALL TRUSTEES ARE DISQUALIFIED PERSONS AND RECEIVE TRUSTEE FEES. CERTAIN TRUSTEES ARE ALSO COMPENSATED FOR OTHER SERVICES WHICH THEY RENDER TO THE FOUNDATION WHICH ARE UNRELATED TO THEIR ROLE AS TRUSTEES. |
| LINE 1 SUMMARY OF DIRECT CHARITABLE ACTIVITIES | Form 990-PF, Part IX-A | Educational Activities - The Foundation conducts educational programs at its facility in Cassopolis, Michigan as well as other locations throughout the country. These programs are intended to educate and provide training to groups of individuals to improve their capabilities, skills and knowledge about the operation of entrepreneurial businesses. These programs are conducted using an approach known as "peer learning." The Foundation believes that second stage entrepreneurs can learn best from each other through a formal structure of peer networking and educational programming referred to as PeerSpectives. Foundation personnel or others engaged by the Foundation facilitate these programs. The Foundation educates communities, regions and states about the vital role entrepreneurship plays in economic growth. The Foundation conducts research and provides research tools to the public, as well as recognition and peer learning programs that focus on second stage companies, those that have moved beyond the startup phase and seek significant, steady growth. Recognizing the important role that state and regional governments play in building entrepreneurship driven economies, the Foundation has established relationships with a number of government entities to deliver its programs. Such collaborations have allowed the Foundation to assist these governmental agencies, thereby lessening the burdens of government. |
| LINE 3 SUMMARY OF DIRECT CHARITABLE ACTIVITIES | Form 990-PF, Part IX-A | Information & Technology Services - The Foundation has developed educational program content and materials and distributes these materials and content both in print and electronic channels. Much of this content focuses on practical advice and case studies, often from other entrepreneurs-consistent with the "peer learning" approach used in its educational and other programs and is provided free of charge. The Foundation also has developed proprietary infrastructure that manages and delivers its research data. The Foundation also has developed and maintains various Web based communication tools to educate its audience and the general public about the importance of entrepreneurship. |
| LINE 2 SUMMARY OF DIRECT CHARITABLE ACTIVITIES | Form 990-PF, Part IX-A | Conservation and Preservation - One of the key components of the Foundation's mission is to conserve the natural environment through ownership and maintenance of ecologically significant scenic areas and historic structures. The Foundation fulfills this mission by protecting, preserving and involving the environment at the Foundation's headquarters in Cassopolis, Michigan. Utilizing best conservation practices, the Foundation provides examples and demonstrations to promote land, water and environmental stewardship. The Foundation works with a variety of national, state and local conservation and environmental groups to help carry out this mission. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CIBC (VARIOUS PUBLICLY TRADED BONDS) | BondNm |
| EOY Book Value | $30,792,948 | EOYBookValueAmt |
| EOYFMV | $30,792,948 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CIBC (VARIOUS PUBLICLY TRADED STOCKS) | $68,363,049 | $68,363,049 |
| I SHARES CORE SMALL CAP ETF | $3,878,180 | $3,878,180 |
| FIDELITY INTL INDEX FUND | $5,963,431 | $5,963,431 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PERRY CAPITAL | FMV | $0 | $0 |
| QVT OVERSEAS | FMV | $33,777 | $33,777 |
| A G REALTY VIII | FMV | $469,342 | $469,342 |
| DAG VENTURES | FMV | $1,694,196 | $1,694,196 |
| BARCLAYS BK PLC ETN + | FMV | $2,716,722 | $2,716,722 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| LAND | $1,699,684 | $0 | $1,699,684 | $1,699,684 |
| BUILDINGS | $11,365,161 | $4,261,660 | $7,103,501 | $7,103,501 |
| EQUIPMENT | $1,943,567 | $1,710,665 | $232,902 | $232,902 |
| OTHER | $1,371,390 | $1,044,564 | $326,826 | $326,826 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PERKINS COIE | CategoryTxt |
| Legal Fees | $86,885 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $93,196 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX RECEIVABLE | Desc |
| BOY Book Value | $78,500 | BOYBookValueAmt |
| EOY Book Value | $68,950 | EOYBookValueAmt |
| EOYFMV | $68,950 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN DEFERRED EXCISE TAX LIABILITY | Desc |
| Amt | $103,498 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (26 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| ADVERTISING | $2,640 | $0 | $940 | $1,701 |
| BANK CHARGES | $2,823 | $0 | $0 | $2,823 |
| BOOKS, TAPES, VIDEOS | $0 | $0 | $0 | $0 |
| DUES | $1,669 | $0 | $301 | $1,368 |
| EMPLOYEE RELATIONS | $13,953 | $20 | $111 | $14,015 |
| GASOLINE & OIL | $15,339 | $1,384 | $0 | $15,422 |
| GENERAL INSURANCE | $169,468 | $8,900 | $0 | $160,883 |
| GROUNDS MAINTENANCE | $27,525 | $454 | $0 | $27,071 |
| LICENSES | $4,048 | $324 | $0 | $3,724 |
| MISCELLANEOUS | $14,904 | $115 | $1,647 | $13,141 |
| POSTAGE | $3,333 | $1 | $910 | $2,356 |
| PROGRAM PRODUCTION | $13,020 | $0 | $653 | $12,693 |
| PROPERTY EXPENSE | $109,986 | $5,417 | $0 | $102,676 |
| REIMBURSED EXP - CONSULTANTS | $4,549 | $15 | $2,082 | $2,926 |
| SEEDS AND PLANTS | $1,046 | $17 | $0 | $1,029 |
| SOFTWARE, HARDWARE, COMP MAINT | $36,792 | $173 | $1,403 | $35,794 |
| SPONSORSHIP | $0 | $0 | $0 | $0 |
| SUBSCRIPTIONS | $1,781 | $10 | $0 | $1,771 |
| SUPPLIES | $41,337 | $1,301 | $521 | $39,102 |
| TELEPHONE | $21,920 | $584 | $6,406 | $15,643 |
| UTILITIES | $68,215 | $67 | $0 | $69,878 |
| VENDOR DISCOUNT | -$197 | $0 | $0 | -$198 |
| WILDLIFE AND WOODLAND MANAGEMENT | $21,912 | $0 | $0 | $21,912 |
| WORKMANS COMPENSATION | $13,561 | $358 | $603 | $12,600 |
| DAG VENTURES | $15,851 | $15,851 | $15,851 | $0 |
| AG REALTY | $4,189 | $4,189 | $4,189 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|
| INFORMATION SERVICES | $720,985 | $720,985 |
| EDUCATIONAL ACTIVITIES | $147,646 | $147,646 |
| PARTNERSHIP INCOME TAXED ON 990T | $105,989 | |
| RETURN OF FUNDS - MSU | $44,312 | $44,312 |
| EMPLOYEE RETENTION CREDIT INCOME | $171,349 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MARKET INCREASE IN INVESTMENT FOR 2020 | Desc |
| Amt | $7,445,932 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED EXCISE TAX | Desc |
| BOY Book Value | $324,821 | BOYBookValueAmt |
| EOY Book Value | $428,319 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (38 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CIBC | $229,078 | $229,078 | $0 | $0 |
| JACK PYCIK | $96,867 | $96,867 | $0 | $0 |
| NEW MEDIA MINDS LLC | $81,755 | $0 | $51,862 | $29,892 |
| UPRIVERGIS, LLC | $80,977 | $0 | $51,369 | $29,608 |
| CEO NEXUS, LLC | $74,875 | $0 | $47,498 | $27,377 |
| NOMIS PROJECT MANAGEMENT | $61,804 | $0 | $39,206 | $22,597 |
| INDIANA TRUST | $42,685 | $0 | $0 | $42,136 |
| ACCESS/INFORMATION, INC. | $28,264 | $0 | $17,930 | $10,334 |
| DENNIS P BLANCHETTE | $26,397 | $0 | $16,746 | $9,652 |
| AMY CELL, LLC | $21,210 | $0 | $13,455 | $7,755 |
| CHANCO GROWTH SERVICES LLC | $19,997 | $0 | $12,686 | $7,312 |
| O'BOYLE BUSINESS CONSULTING | $19,845 | $0 | $12,589 | $7,256 |
| PHIMATION STRATEGY GROUP | $19,075 | $0 | $12,101 | $6,974 |
| NAT'l CTR FOR ECON GARD | $18,174 | $0 | $11,159 | $6,432 |
| BRAND ADVANCE | $15,675 | $0 | $9,944 | $5,731 |
| ARMAND POBLETE | $15,125 | $0 | $0 | $15,125 |
| ADVANTAGE COMMUNICATION | $11,742 | $0 | $0 | $9,580 |
| MMTC | $11,649 | $0 | $7,390 | $4,259 |
| PHARUS GROUP, LLC | $10,165 | $0 | $6,448 | $3,717 |
| PROPELLER LLC | $8,416 | $0 | $5,339 | $3,077 |
| DMAX CONSULTING LLC | $7,892 | $0 | $5,007 | $2,886 |
| SALES ADVISORS OF FLORIDA | $7,639 | $0 | $4,846 | $2,793 |
| KEMPTON RESEARCH & PLANNING | $6,769 | $0 | $4,294 | $2,474 |
| REBECCA L MOORE CPA | $6,221 | $0 | $3,947 | $2,275 |
| SOCIAL MARKETING CONVERSATIONS | $5,819 | $0 | $3,691 | $2,128 |
| RED ADMIRAL VENTURES LLC | $5,171 | $0 | $3,280 | $1,891 |
| TIMM DIGITAL MARKETING, LLC | $4,462 | $0 | $2,831 | $1,632 |
| FISHER, TILTON & VANN, INC | $3,675 | $0 | $2,331 | $1,344 |
| GEOWIZE LLC | $3,301 | $0 | $2,094 | $1,207 |
| INNOVATRACK, LLC | $2,678 | $0 | $1,699 | $979 |
| BATES INFORMATION SERVICES | $1,473 | $0 | $934 | $538 |
| GLOBAL TRADE SOURCE, LTD | $1,470 | $0 | $932 | $537 |
| EGOLF FOREST MANAGEMENT | $1,260 | $0 | $0 | $1,260 |
| WYOMING SBDC | $1,235 | $0 | $783 | $452 |
| DON YODER | $1,229 | $60 | $0 | $1,168 |
| CAMRON GNASS | $1,216 | $0 | $772 | $445 |
| KALAMAZOO NATURE CENTER | $1,200 | $0 | $0 | $1,200 |
| OTHER $1,000 AND UNDER | $2,206 | $0 | $999 | $1,253 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| PAYROLL | $227,932 | $3,198 | $27,291 | $201,791 |
| PROPERTY | $15,141 | $4,843 | $0 | $9,852 |
| FEDERAL | $59,550 | $0 | $0 | $50,000 |