GEENEN FAMILY FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GEENEN FAMILY FOUNDATION (EIN 38-3534246)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-11
IRS object ID
202141319349101684
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-11T10:31:33-05:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN383171341PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1GEENEN AND KOLEAN PCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1246 SOUTH RIVER AVENUE SUITE 201AddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN383534246EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GEENEN FAMILY FOUNDATIONBusinessNameLine1Txt
Business Name Line2C/O CHARLES GEENENBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGEENBusinessNameControlTxt
Phone6163964950PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonCHARLES GEENENPersonNm
Person TitlePRES, TREASPersonTitleTxt
Phone6163964950PhoneNum
Signature2021-05-11SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstCHARLESPersonFirstNm
Person LastGEENENPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJOHN A JOHNSONPreparerPersonNm
PTINP00417328PTIN
Phone6163930398PhoneNum
Preparation2021-05-11PreparationDt
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$915,211FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$130,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$14InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$13,590DividendsRevAndExpnssAmt
Dividends Net Invst Incm$13,590DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$534NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$149,767GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$198CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$143,070TotalRevAndExpnssAmt
Total Net Invst Incm$13,802TotalNetInvstIncmAmt
Taxes Rev And Expnss$249TaxesRevAndExpnssAmt
Taxes Net Invst Incm$249TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$6,244OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$6,244OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$6,493TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$6,493TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$75,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$75,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$81,493TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$6,493TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$75,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$61,577ExcessRevenueOverExpensesAmt
Net Investment Income$7,309NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$24,396CashBOYAmt
Cash EOY$79,140CashEOYAmt
Cash EOYFMV$79,140CashEOYFMVAmt
Corporate Stock BOY$684,052CorporateStockBOYAmt
Corporate Stock EOY$690,885CorporateStockEOYAmt
Corporate Stock EOYFMV$836,071CorporateStockEOYFMVAmt
Total Assets BOY$708,448TotalAssetsBOYAmt
Total Assets EOY$770,025TotalAssetsEOYAmt
Total Assets EOYFMV$915,211TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$708,448RetainedEarningBOYAmt
Retained Earning EOY$770,025RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$708,448TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$770,025TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$708,448TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$770,025TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$708,448TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$61,577ExcessRevenueOverExpensesAmt
Subtotal$770,025SubtotalAmt
Tot Net Ast Or Fund Balances EOY$770,025TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

FieldValueIRS element (for citing)
Capital Gain Net Income$198CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$102InvestmentIncomeExciseTaxAmt
Subtotal$102SubtotalAmt
Tax Based On Investment Income$102TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$330EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$330TotalPaymentsAndCreditsAmt
Overpayment$228OverpaymentAmt
Applied To ES Tax$228AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksCHARLES GEENENIndividualWithBooksNm
Phone6163964950PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
CHARLES GEENEN
1276 BEACH DRHOLLANDMI49423PRES, TREAS000.00$0$0$0
JULIE GEENEN
1276 BEACH DRHOLLANDMI49423DIRECTOR000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$715,527AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$30,524AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$746,051TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$746,051AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$11,191CashDeemedCharitableAmt
Net Vl Noncharitable Assets$734,860NetVlNoncharitableAssetsAmt
Minimum Investment Return$36,743MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$36,743MinimumInvestmentReturnAmt
Tax Based On Investment Income$102TaxBasedOnInvestmentIncomeAmt
Total Tax$102TotalTaxAmt
Distributable Before Adj$36,641DistributableBeforeAdjAmt
Distributable Before Ded$36,641DistributableBeforeDedAmt
Distributable As Adjusted$36,641DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$75,000ExpensesAndContributionsAmt
Qualifying Distributions$75,000QualifyingDistributionsAmt
Adjusted Qualifying Distri$75,000AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$36,641DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$65,074ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$79,412ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$57,291ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$10,006ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$27,380ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$239,163TotalExcessDistributionCyovAmt
Qualifying Distributions$75,000QualifyingDistributionsAmt
Applied To Current Year$36,641AppliedToCurrentYearAmt
Remaining Distri From Corpus$38,359RemainingDistriFromCorpusAmt
Total Corpus$277,522TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$65,074ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$212,448ExcessDistriCyovToNextYrAmt
Excess From Year4$79,412ExcessFromYear4Amt
Excess From Year3$57,291ExcessFromYear3Amt
Excess From Year2$10,006ExcessFromYear2Amt
Excess From Year1$27,380ExcessFromYear1Amt
Excess From Current Year$38,359ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BETHANY CHRISTIAN SERVICES
11335 JAMES STHOLLANDMI49424501(C)(3)COMMUNITY OUTREACH$25,000
ZEELAND CHRISTIAN
334 W CENTRAL AVEZEELANDMI49464501(C)(3)RELIGIOUS/EDUCATION$50,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$75,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$13,590ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$198ExclusionAmt
Related Or Exempt Function Incm-$732RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$13,802ExclusionAmt
Related Or Exempt Function Incm-$732RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$13,070TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonCHARLES GEENENContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1Txt
CityHOLLANDCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49423ZIPCd
FieldValueIRS element (for citing)
Total Contributions$130,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (12 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
DFA US CORE EQTY2019-12PURCHASE2020-10$8,769$8,538$231
DFA US CORE EQTY2019-06PURCHASE2020-10$18,042$16,797$1,245
DFA INTERNATIONAL2019-12PURCHASE2020-10$1,309$1,415-$106
DFA INTERNATIONAL2019-06PURCHASE2020-10$13,372$14,291-$919
DFA INTERNATIONAL2019-12PURCHASE2020-07$1,566$2,001-$435
DFA INTERNATIONAL2019-06PURCHASE2020-07$11,935$15,931-$3,996
VANGUARD ST BOND2016-08PURCHASE2020-03$18,343$18,291$52
VANGUARD ST BOND2019-12PURCHASE2020-03$419$421-$2
VANGUARD ST BOND2019-12PURCHASE2020-10$1,110$1,098$12
VANGUARD ST BOND2019-06PURCHASE2020-10$60,180$56,855$3,325
VANGUARD TOTAL BOND2016-08PURCHASE2020-03$13,979$14,109-$130
VANGUARD TOTAL BOND2019-12PURCHASE2020-03$545$554-$9

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCHARLES SCHWAABStockNm
EOY Book Value$690,885EOYBookValueAmt
EOYFMV$836,071EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
MICHIGAN ANNUAL FEE$20$20
FIDUCIARY FEES$6,224$6,224

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
CHARLES SCHWAB - FRG TAXES PD
FEDERAL EXCISE TAX$249$249

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