CHARLES J STROSACKER FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHARLES J STROSACKER FOUNDATION (EIN 38-6062787)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-17
- IRS object ID
- 202131379349102343
- 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
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-17T15:36:22-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383133790 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREWS HOOPER PAVLIK PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1601 MARQUETTE ST STE 4 | AddressLine1Txt |
| City | BAY CITY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 487066392 | 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 | 386062787 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHARLES J STROSACKER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHAR | BusinessNameControlTxt |
| Phone | 9898320066 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN STREET PO BOX 471 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES L BORIN | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9898320066 | PhoneNum |
| Signature | 2021-05-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | BORIN | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAURA M EBEL | PreparerPersonNm |
| PTIN | P00184232 | PTIN |
| Phone | 9896674900 | PhoneNum |
| Preparation | 2021-05-17 | PreparationDt |
| 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 | $95,074,535 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $2,259 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $2,259 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,578,183 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,578,183 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,312,409 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,444,861 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,312,409 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $7,366 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,333 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,900,217 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,896,184 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $57,730 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $57,730 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $754 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $377 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $377 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,606 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,303 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,303 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $159,366 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $159,366 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $56,460 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $3,760 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $41,305 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,398 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $28,905 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $332,221 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $180,444 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $99,075 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,604,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,604,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,936,221 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $180,444 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,703,075 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$36,004 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,715,740 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $5,792,495 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $793,388 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $793,388 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $40,520,870 | CorporateStockBOYAmt |
| Corporate Stock EOY | $42,117,070 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $78,298,951 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $12,017,423 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $15,316,572 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $15,551,458 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $394,167 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $430,738 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $430,738 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $58,724,955 | TotalAssetsBOYAmt |
| Total Assets EOY | $58,657,768 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $95,074,535 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $629 | AccountsPayableBOYAmt |
| Grants Payable BOY | $2,832,945 | GrantsPayableBOYAmt |
| Grants Payable EOY | $3,268,262 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $38,186 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $7,632 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $2,871,760 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,275,894 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $55,853,195 | RetainedEarningBOYAmt |
| Retained Earning EOY | $55,381,874 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $55,853,195 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $55,381,874 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $58,724,955 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $58,657,768 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $55,853,195 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$36,004 | ExcessRevenueOverExpensesAmt |
| Subtotal | $55,817,191 | SubtotalAmt |
| Other Decreases | $435,317 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $55,381,874 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $11,444,861 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,132,452 | CostOrOtherBasisAmt |
| Gain Or Loss | $2,312,409 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $2,312,409 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,312,409 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $2,312,409 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $51,649 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $51,649 | SubtotalAmt |
| Tax Based On Investment Income | $51,649 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $49,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $49,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Tax Due | $2,649 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.STROSACKER.ORG | WebsiteAddressTxt |
| Individual With Books | JAMES BORIN | IndividualWithBooksNm |
| Phone | 9898320066 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 MAIN STREET | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48640 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (19 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| BOBBIE N ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | PRES./CEO | 1.38 | $0 | $0 | $0 |
| DAVID J ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | CHAIRMAN | 0.35 | $0 | $0 | $0 |
| KIMBERLEE K BACZEWSKI | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | EXECUTIVE VP | 40.00 | $57,730 | $0 | $0 |
| JOHN N BARTOS | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| JAMES L BORIN | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TREASURER | 0.69 | $0 | $0 | $0 |
| DAVID H DUNN | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| CAROLYN THRUNE DURAND | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| RICHARD M REYNOLDS | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | EXEC. V.P. | 0.35 | $0 | $0 | $0 |
| CHARLES J THRUNE | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| CHARLIE C THRUNE LUNDQUIST | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | SECRETARY | 0.46 | $0 | $0 | $0 |
| ERICK J ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| DAN LUNDQUIST | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 48640 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| KARIE A ARNOLD | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| LAWRENCE E BURKS | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE EMER | 0.09 | $0 | $0 | $0 |
| RICHARD A HAZLETON | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE EMER | 0.09 | $0 | $0 | $0 |
| AMY E WILSON | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| DR LYDIA WATSON | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| ANDREW DOMINOWSKI | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| CHARLES KENDALL | ||||||||
| 812 W MAIN STREET | MIDLAND | MI | 486400471 | TRUSTEE | 0.09 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WILLIAM BLAIR | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 222 WEST ADAMS STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MGMT | ServiceTypeTxt |
| Compensation | $120,078 | CompensationAmt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $83,539,024 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,439,415 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $84,978,439 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $84,978,439 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,274,677 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $83,703,762 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,185,188 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,185,188 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $51,649 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $51,649 | TotalTaxAmt |
| Distributable Before Adj | $4,133,539 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $4,133,539 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $4,133,539 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,703,075 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,703,075 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $3,703,075 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,133,539 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $3,603,980 | UndistributedIncomePYAmt |
| Qualifying Distributions | $3,703,075 | QualifyingDistributionsAmt |
| Applied To Year1 | $3,603,980 | AppliedToYear1Amt |
| Applied To Current Year | $99,095 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $4,034,444 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GRANT REQUESTS | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 471 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9898320066 | RecipientPhoneNum |
| Form And Info And Materials | GRANT APPLICATIONS SHOULD BE MADE BY LETTER DESCRIBING: THE PURPOSE, MAJOR EXPENDITURES, MAJOR INCOME SOURCES, TIMING REQUIREMENTS, AND AMOUNTS REQUESTED. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | THERE IS NO DEADLINE; SUBMISSIONS CAN BE MADE AT ANY TIME DURING THE YEAR. | SubmissionDeadlinesTxt |
| Restrictions On Awards | THE FOUNDATION MAKES GRANTS ONLY TO ELIGIBLE ORGANIZATIONS NOT TO INDIVIDUALS. THEREFORE, THE APPLICANT SHOULD ALSO FURNISH COPIES OF THE THE FOLLOWING: THE IRS LETTER GRANTING TAX EXEMPT STATUS TO THE ORGANIZATION. THE ORGANIZATION'S LATEST FINANCIAL STATEMENTS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN ST PO BOX 417 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $3,604,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,604,000 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN ST PO BOX 417 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486400471 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $3,268,262 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $3,268,262 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,259 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,578,183 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $3,333 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,312,409 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NORTH COAST TECHNOLOGY INVE | Desc |
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $4,033 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $4,033 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,896,184 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,900,217 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $16,606 | Amt |
| Net Investment Income | $8,303 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,303 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE ATTACHED STMTS | BondNm |
| EOY Book Value | $15,316,572 | EOYBookValueAmt |
| EOYFMV | $15,551,458 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED STMTS | StockNm |
| EOY Book Value | $42,117,070 | EOYBookValueAmt |
| EOYFMV | $78,298,951 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NORTH COAST TECHNOLOGY INVEST | AT COST | $21,475 | $21,475 |
| NCTI III, LTD PARTNERSHIP | AT COST | $277,795 | $277,795 |
| NCTI IV, LTD PARTNERSHIP | AT COST | $131,468 | $131,468 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $754 | LegalFeesAmt |
| Net Investment Income | $377 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $377 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INCREASE IN FUTURE PLEDGE OBLIGATIONS | Desc |
| Amt | $435,317 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| RENT | $12,600 | $12,600 | |
| OFFICE EXPENSES | $6,001 | $6,001 | |
| BANK SERVICE CHARGES | $127 | $127 | |
| CONFERENCE FEES AND EXPENSES | $197 | $197 | |
| COMPUTER AND SOFTWARE EXPENSE | $9,980 | $9,980 | |
| LOSS FROM K-1S | $12,400 | $12,398 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER | $3,333 | $3,333 |
| NORTH COAST TECHNOLOGY INVEST | $4,033 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $38,186 | BOYBookValueAmt |
| EOY Book Value | $7,632 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BANK TRUST DEPARTMENT FEES | $21,852 | $21,852 |
| INVESTMENT MGMT FEES | $137,514 | $137,514 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| EXCISE TAX | $52,700 | |
| PAYROLL TAXES | $3,760 | $3,760 |
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