WEGE FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- WEGE FOUNDATION (EIN 38-6124363)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-10
- IRS object ID
- 202003159349100915
- Schema version
- 2019v5.1
- 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
- Schedule B
- Accounting Fees Schedule
- Amortization Schedule
- Depreciation Schedule
- 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 | 2020-11-10T09:11:14-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381337372 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEENE GARTER LLP | 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 | 2019-01-01 | 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 | 2020-11-04 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CLAUDE A TITCHE III CPA | PreparerPersonNm |
| PTIN | P00144077 | PTIN |
| Phone | 6162355200 | PhoneNum |
| Preparation | 2020-11-04 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 70.34.187.145 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2020-11-04 | IPDt |
| IP Tm | 15:02:53 | IPTm |
| IP Timezone | ES | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 9E0C341456BB32530EEECF7B5FC6E154059A3560 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $347,662,679 | 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 | $420,420 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $5,405,820 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $5,403,710 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $4,800 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $4,800 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $4,800 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $17,207,401 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $49,201,695 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $17,207,401 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $100,918 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $100,918 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $23,139,359 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $22,716,829 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $455,083 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $113,771 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $341,312 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $272,154 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $11,158 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $220,997 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $200,288 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $30,195 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $170,094 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $59,484 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $59,484 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $52,128 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $52,128 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $2,118,366 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $2,118,366 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $142,337 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $142,337 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $303,900 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $297,950 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $102,684 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $15,403 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $45,097 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $45,097 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $446,348 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $47,756 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $398,558 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $4,197,869 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $2,888,548 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,176,058 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $18,849,688 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $18,149,686 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $23,047,557 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $2,888,548 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $19,325,744 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $91,802 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $19,828,281 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,998,350 | CashBOYAmt |
| Cash EOY | $2,928,429 | CashEOYAmt |
| Cash EOYFMV | $2,928,429 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $5,185,701 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,636,203 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,636,203 | SavAndTempCashInvstEOYFMVAmt |
| Other Nts And Loans Rcvbl | $100,801 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $188,833 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $100,801 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $100,801 | OtherNtsAndLoansRcvblEOYFMVAmt |
| US Government Obligations BOY | $34,286,918 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $34,809,926 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $35,763,040 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $60,745,654 | CorporateStockBOYAmt |
| Corporate Stock EOY | $53,112,719 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $94,399,213 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $21,405,168 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $21,536,361 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $30,404,231 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,099,613 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $530,033 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $669,649 | LandBOYAmt |
| Land EOY | $569,580 | LandEOYAmt |
| Land EOYFMV | $569,580 | LandEOYFMVAmt |
| Other Assets BOY | $161,804,140 | OtherAssetsBOYAmt |
| Other Assets EOY | $165,496,848 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $175,861,182 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $286,284,413 | TotalAssetsBOYAmt |
| Total Assets EOY | $286,190,867 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $347,662,679 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $44,300 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $2,319 | AccountsPayableEOYAmt |
| Grants Payable BOY | $27,406,312 | GrantsPayableBOYAmt |
| Grants Payable EOY | $22,894,441 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $27,450,612 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $22,896,760 | 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 | $256,743,156 | RetainedEarningBOYAmt |
| Retained Earning EOY | $261,203,462 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $258,833,801 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $263,294,107 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $286,284,413 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $286,190,867 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $258,833,801 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $91,802 | ExcessRevenueOverExpensesAmt |
| Other Increases | $4,511,871 | OtherIncreasesAmt |
| Subtotal | $263,437,474 | SubtotalAmt |
| Other Decreases | $143,367 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $263,294,107 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $10,355,791 | $10,073,410 | $282,381 | $282,381 | |
| PUBLICLY TRADED SECURITIES | $31,012,409 | $21,852,156 | $9,160,253 | $9,160,253 | |
| PARTNERSHIP K-1S | $1,211,145 | $1,211,145 | $1,211,145 | ||
| PARTNERSHIP K-1S | $6,253,225 | $6,253,225 | $6,253,225 | ||
| SALES OF HARDING ENERGY | $7,475 | $7,763 | -$288 | -$288 | |
| SALES OF PENINSULAR TECHNOLOGIES | $60,965 | -$60,965 | -$60,965 | ||
| CAPITAL GAINS DIVIDENDS | $361,650 | $361,650 | $361,650 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $17,207,401 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $23,342,605 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $347,507,579 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.067171 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $19,390,190 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $346,566,059 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.055949 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $17,178,746 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $286,713,288 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.059916 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $16,892,887 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $282,484,211 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.059801 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $15,696,467 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $259,665,853 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.060449 | DistributionYr5Rt |
| Total Distribution | 0.303286 | TotalDistributionRt |
| Average Distribution | 0.060657 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $331,924,395 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $20,133,538 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $198,283 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $20,331,821 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $19,325,744 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $396,566 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $396,566 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $396,566 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $316,555 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $225,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $541,555 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,815 | EsPenaltyAmt |
| Overpayment | $143,174 | OverpaymentAmt |
| Applied To ES Tax | $143,174 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (13 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 |
| 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 |
| 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 |
| MARK VAN PUTTEN | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | PRESIDENT, CEO | 40.00 | $355,915 | $23,800 | $24,983 |
| DALE RIETBERG | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | SECRETARY | 1.00 | $0 | $0 | $0 |
| JENNIFER WEGE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | FORMER TRUSTEE | 1.00 | $0 | $0 | $0 |
| SUSAN GELL MEYERS | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | FORMER SECRETARY | 1.00 | $0 | $0 | $0 |
| KATHLEEN FURTADO | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 495036210 | TREASURER | 40.00 | $99,168 | $8,324 | $31,575 |
| 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 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee BenefitsEmployeeBenefitsAmt | Expense AccountExpenseAccountAmt |
|---|---|---|---|---|---|---|---|---|
| EMILY ALEMAN-MCALPINE | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 485036210 | PROGRAM OFFICER | 40.00 | $114,900 | $9,648 | $31,548 |
| LESLIE YOUNG | ||||||||
| 99 MONROE AVE NW STE 902 | GRAND RAPIDS | MI | 485036210 | PROGRAM ASSOCIATE | 40.00 | $72,623 | $2,142 | $31,370 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 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 | $206,138 |
| GMA FOUNDATIONS | |||||
| 2 LIBERTY SQUARE SUITE 500 | BOSTON | MA | 02109 | GRANT STRATEGY & PLANNING | $65,304 |
| 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 | $156,349,113 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $9,941,768 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $170,688,200 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $336,979,081 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $399,483 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $336,979,081 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $5,054,686 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $331,924,395 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $16,596,220 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $16,596,220 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $396,566 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $396,566 | TotalTaxAmt |
| Distributable Before Adj | $16,199,654 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $16,199,654 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $16,199,654 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $19,325,744 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $19,325,744 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $19,325,744 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $16,199,654 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,270,079 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,276,753 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $3,146,015 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,874,913 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,590,787 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $19,158,547 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $19,325,744 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $16,199,654 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $3,126,090 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $22,284,637 | 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 | $3,270,079 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $19,014,558 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,276,753 | ExcessFromYear4Amt |
| Excess From Year3 | $3,146,015 | ExcessFromYear3Amt |
| Excess From Year2 | $2,874,913 | ExcessFromYear2Amt |
| Excess From Year1 | $6,590,787 | ExcessFromYear1Amt |
| Excess From Current Year | $3,126,090 | 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 | $18,849,688 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $18,849,688 | 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 | $22,894,441 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $22,894,441 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $5,405,820 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 17 | ExclusionCd |
| Exclusion | $4,800 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 01 | ExclusionCd |
| Exclusion | $100,918 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $17,207,401 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $22,718,939 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $22,718,939 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| PETER M WEGE TRUST | ||||||
| 1 | 1500 WARNER BLDG 150 OTTAWA AVE NW | GRAND RAPIDS | MI | 49503 | $150,000 | Yes (X) |
| PETER M WEGE TRUST | ||||||
| 2 | 1500 WARNER BLDG 150 OTTAWA AVE NW | GRAND RAPIDS | MI | 49503 | $270,420 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $52,128 | Amt |
| Net Investment Income | $52,128 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | COMPUTER SOFTWARE, QB AND ADOBE | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2016-03-08 | AcquiredCompletedOrExpendedDt |
| Amortized | $613 | AmortizedAmt |
| Deduction For Prior Years | $579 | DeductionForPriorYearsAmt |
| Amortization Period | 36.000000000000 | AmortizationPeriodRt |
| Current Year Amortization | $34 | CurrentYearAmortizationAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Total Amortization | $613 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (24 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 | $2,085 | SL | 15.000000000000 | $596 | $0 |
| 3 LENOVO THINKPAD COMPUTERS | 2016-01-14 | $6,591 | $5,049 | 200DB | 5.000000000000 | $617 | $0 |
| LENOVO THINKPAD COMPUTER FOR JODY | 2016-01-14 | $1,949 | $1,493 | 200DB | 5.000000000000 | $182 | $0 |
| 8 28' LED MONITORS | 2016-01-14 | $1,760 | $1,348 | 200DB | 5.000000000000 | $165 | $0 |
| NETWORK MERAKI ACCESS POINT WITH 3 YEAR LICENSE | 2016-01-14 | $1,699 | $1,620 | 200DB | 3.000000000000 | $79 | $0 |
| MERAKI ADVANCED SECURITY LICENSE 3 YEARS | 2016-01-14 | $1,200 | $1,144 | 200DB | 3.000000000000 | $56 | $0 |
| WARDROBE AND LEFT DESK FOR MARK AND DRAWERS FOR KATY'S STATION | 2016-02-10 | $3,812 | $2,920 | 200DB | 5.000000000000 | $357 | $0 |
| NEW CELL PHONES | 2016-05-03 | $1,300 | $949 | 200DB | 5.000000000000 | $140 | $0 |
| ARMS FOR MONITORS | 2016-05-31 | $795 | $580 | 200DB | 5.000000000000 | $86 | $0 |
| COMPUTER FOR EMILY | 2016-12-01 | $1,627 | $1,070 | 200DB | 5.000000000000 | $223 | $0 |
| 99 MONROE IMPROVEMENTS DOWNPAYMENT | 2017-01-01 | $16,000 | $1,600 | 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 | $3,866 | 200DB | 5.000000000000 | $1,427 | $0 |
| VIDEO CONFERENCING | 2017-06-28 | $1,580 | $822 | 200DB | 5.000000000000 | $303 | $0 |
| 2 INTERN STATIONS, CEO OFFICE, NEW PROGRAM SPACE, NEW CONFERENCE ROOM | 2017-05-10 | $22,557 | $11,730 | 200DB | 5.000000000000 | $4,331 | $0 |
| FILM ON CONFERENCE WINDOWS | 2017-10-12 | $3,052 | $305 | SL | 15.000000000000 | $203 | $0 |
| LENOVO THINKPAD CARBON | 2019-09-30 | $2,649 | 200DB | 5.000000000000 | $530 | $0 | |
| 99 MONROE IMPROVEMENTS | 2014-12-01 | $664,804 | $182,821 | SL | 15.000000000000 | $44,320 | $0 |
| BATHROOM RUG | 2014-10-17 | $1,060 | $624 | SL | 7.000000000000 | $151 | $0 |
| AUDIO/VIDEO | 2014-11-24 | $3,564 | $2,940 | SL | 5.000000000000 | $624 | $0 |
| FRAMING FOR ARTWORK | 2014-11-25 | $16,005 | $9,431 | SL | 7.000000000000 | $2,286 | $0 |
| FURNITURE & FIXTURES - 99 MONROE | 2014-12-01 | $284,245 | $175,831 | SL | 7.000000000000 | $43,366 | $0 |
| FRAMING FOR ARTWORK | 2015-01-26 | $1,915 | $958 | SL | 7.000000000000 | $274 | $0 |
| FURNITURE & FIXTURES - 99 MONROE | 2015-04-21 | $9,106 | $4,553 | SL | 7.000000000000 | $1,301 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $53,112,719 | EOYBookValueAmt |
| EOYFMV | $94,399,213 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $34,809,926 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $35,763,040 | 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 |
|---|---|---|---|
| HEDGE FUNDS | AT COST | $20,138,486 | $28,994,452 |
| ASSET BACKED SECURITIES | AT COST | $1,397,875 | $1,409,779 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (25 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| 99 MONROE IMPROVEMENTS | $8,936 | $2,681 | $6,255 |
| 3 LENOVO THINKPAD COMPUTERS | $6,591 | $5,666 | $925 |
| LENOVO THINKPAD COMPUTER FOR JODY | $1,949 | $1,675 | $274 |
| 8 28' LED MONITORS | $1,760 | $1,513 | $247 |
| 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 | $3,277 | $535 |
| COMPUTER SOFTWARE, QB AND ADOBE | $613 | $613 | $0 |
| NEW CELL PHONES | $1,300 | $1,089 | $211 |
| ARMS FOR MONITORS | $795 | $666 | $129 |
| COMPUTER FOR EMILY | $1,627 | $1,293 | $334 |
| 99 MONROE IMPROVEMENTS DOWNPAYMENT | $16,000 | $2,667 | $13,333 |
| COMPUTER SOFTWARE | $12,996 | $12,996 | $0 |
| CLICK SHARE TECHNOLOGY, WIRELESS SYSTEM LABOR AND DELIVERY | $7,435 | $5,293 | $2,142 |
| VIDEO CONFERENCING | $1,580 | $1,125 | $455 |
| 2 INTERN STATIONS, CEO OFFICE, NEW PROGRAM SPACE, NEW CONFERENCE ROOM | $22,557 | $16,061 | $6,496 |
| FILM ON CONFERENCE WINDOWS | $3,052 | $508 | $2,544 |
| LENOVO THINKPAD CARBON | $2,649 | $530 | $2,119 |
| 99 MONROE IMPROVEMENTS | $664,804 | $227,141 | $437,663 |
| BATHROOM RUG | $1,060 | $775 | $285 |
| AUDIO/VIDEO | $3,564 | $3,564 | $0 |
| FRAMING FOR ARTWORK | $16,005 | $11,717 | $4,288 |
| FURNITURE & FIXTURES - 99 MONROE | $284,245 | $219,197 | $65,048 |
| FRAMING FOR ARTWORK | $1,915 | $1,232 | $683 |
| FURNITURE & FIXTURES - 99 MONROE | $9,106 | $5,854 | $3,252 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $59,484 | LegalFeesAmt |
| Net Investment Income | $59,484 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (12 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PARTNERSHIP INTERESTS | $140,304,136 | $143,862,256 | $159,281,815 |
| FORTUNATE INVESTORS | $1,153,065 | $1,156,627 | $1,280,865 |
| CONTRACT PHARMACEUTICALS | $9,265,552 | $9,265,552 | $3,595,494 |
| AMERICAN GENERAL LIFE INS ANUITY | $1 | $1 | $170,000 |
| GRAM BOND | $9,420,000 | $9,420,000 | $9,420,000 |
| GRAM BOND - ACCRUED INTEREST | $57,034 | $199,461 | $199,461 |
| WF - PATHFINDER LLC | $290,000 | $290,000 | $290,000 |
| FINE ART | $408,360 | $408,360 | $408,360 |
| SILVER COINS | $566 | $566 | $566 |
| WEDGE GROUP - HARDING ENERGY | $120,561 | $112,799 | $108,550 |
| WEDGE GROUP - OTHER | $360,000 | $360,000 | $385,800 |
| WEDGE GROUP - PARTNERSHIP INTERESTS | $424,865 | $421,226 | $720,271 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK TO TAX DIFFERENCE | Desc |
| Amt | $143,367 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES AND MEMBERSHIPS | $41,368 | $6,205 | $35,163 |
| OFFICE EXPENSES | $247,864 | $37,180 | $210,684 |
| CONSULTING FEE | $67,324 | $0 | $67,324 |
| MEALS & ENTERTAINMENT | $5,524 | $0 | $5,524 |
| INSURANCE | $24,551 | $3,683 | $20,868 |
| PAYROLL FEES | $4,587 | $688 | $3,899 |
| MEETINGS | $55,096 | $0 | $55,096 |
| AMORTIZATION | $34 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP K-1S | -$49,250 | -$49,250 | -$49,250 |
| MISCELLANEOUS INCOME | $150,168 | $150,168 | $150,168 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN GRANTS PAYABLE | Desc |
| Amt | $4,511,871 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $1,111,564 | $1,111,564 | $0 |
| PROFESSIONAL FEES | $10,140 | $10,140 | $0 |
| PORTFOLIO EXPENSES | $996,662 | $996,662 | $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 = $142.17.10% DISCOUNT FOR LACK OF MARKETABILITYFMV PER SHARE BASED ON LIMITATION OF IRC SEC. 4942(E)(2)(B) | ShortExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $5,950 | $0 | $0 |
| FOREIGN TAX WITHHELD ON DIVIDENDS | $230,561 | $230,561 | $0 |
| OTHER TAXES | $7,022 | $7,022 | $0 |
| PAYROLL TAXES | $43,785 | $43,785 | $0 |
| PROPERTY TAXES | $16,582 | $16,582 | $0 |