WEGE FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
WEGE FOUNDATION (EIN 38-6124363)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-12
IRS object ID
201903169349100445
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-12T12:25:02-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381337372PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BEENE GARTER LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line156 GRANDVILLE AVE SW STE 100AddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN386124363EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WEGE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWEGEBusinessNameControlTxt
Phone6169570480PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line199 MONROE AVE NW 902AddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP495036210ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMARK VAN PUTTENPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone6169570480PhoneNum
Signature2019-11-08SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCLAUDE A TITCHE III CPAPreparerPersonNm
PTINP00144077PTIN
Phone6162355200PhoneNum

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address52.144.33.201IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-08IPDt
IP Tm10:56:48IPTm
IP TimezoneESIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device IdA57FC61474529CB01DD72FFA38F111D25CDDDE12AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$331,799,624FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$5,075,330DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,075,330DividendsNetInvstIncmAmt
Gross Rents Rev And Expnss$4,800GrossRentsRevAndExpnssAmt
Gross Rents Net Invst Incm$4,800GrossRentsNetInvstIncmAmt
Net Rental Income Or Loss$4,800NetRentalIncomeOrLossAmt
Net Gain Sale Ast Rev And Expnss$26,422,155NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$64,433,338GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$26,422,155CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$152,574OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$152,574OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$31,654,859TotalRevAndExpnssAmt
Total Net Invst Incm$31,654,859TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$423,628CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$129,962CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$293,666CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$263,712OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$263,712OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$0OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$173,714PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$127,363PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$46,351PensionEmplBnftDsbrsChrtblAmt
Other Prof Fees Rev And Expnss$2,254,787OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$2,254,787OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss$176,772InterestRevAndExpnssAmt
Interest Net Invst Incm$176,772InterestNetInvstIncmAmt
Interest Dsbrs Chrtbl$0InterestDsbrsChrtblAmt
Taxes Rev And Expnss$1,293,671TaxesRevAndExpnssAmt
Taxes Net Invst Incm$317,671TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss$107,802DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm$0DeprecAndDpltnNetInvstIncmAmt
Trav Conf Meeting Rev And Expnss$31,611TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$31,611TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$442,144OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$421,144OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$5,167,841TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$3,270,267TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$792,772TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$22,833,679ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$22,833,679ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$28,001,520TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$3,270,267TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$23,626,451TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$3,653,339ExcessRevenueOverExpensesAmt
Net Investment Income$28,384,592NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$671,009CashBOYAmt
Cash EOY$1,998,350CashEOYAmt
Cash EOYFMV$1,998,350CashEOYFMVAmt
Sav And Temp Cash Invst BOY$2,862,071SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$5,185,701SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$5,185,701SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$188,833OtherNtsAndLoansRcvblAmt
Other Rcvbl Allwnc Dbtfl Acct$0OtherRcvblAllwncDbtflAcctAmt
Other Nts And Loans Rcvbl BOY$191,713OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$188,833OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$188,833OtherNtsAndLoansRcvblEOYFMVAmt
US Government Obligations BOY$33,645,892USGovernmentObligationsBOYAmt
US Government Obligations EOY$34,286,918USGovernmentObligationsEOYAmt
US Govt Obligations EOYFMV$33,866,896USGovtObligationsEOYFMVAmt
Corporate Stock BOY$67,144,138CorporateStockBOYAmt
Corporate Stock EOY$60,745,654CorporateStockEOYAmt
Corporate Stock EOYFMV$86,409,933CorporateStockEOYFMVAmt
Other Investments BOY$21,601,992OtherInvestmentsBOYAmt
Other Investments EOY$21,405,168OtherInvestmentsEOYAmt
Other Investments EOYFMV$28,824,817OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss$1,096,964LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec$427,315LandBldgEquipAccumDeprecAmt
Land BOY$777,451LandBOYAmt
Land EOY$669,649LandEOYAmt
Land EOYFMV$669,649LandEOYFMVAmt
Other Assets BOY$156,051,887OtherAssetsBOYAmt
Other Assets EOY$161,804,140OtherAssetsEOYAmt
Other Assets EOYFMV$174,655,445OtherAssetsEOYFMVAmt
Total Assets BOY$282,946,153TotalAssetsBOYAmt
Total Assets EOY$286,284,413TotalAssetsEOYAmt
Total Assets EOYFMV$331,799,624TotalAssetsEOYFMVAmt
Accounts Payable EOY$44,300AccountsPayableEOYAmt
Grants Payable BOY$33,091,811GrantsPayableBOYAmt
Grants Payable EOY$27,406,312GrantsPayableEOYAmt
Total Liabilities BOY$33,091,811TotalLiabilitiesBOYAmt
Total Liabilities EOY$27,450,612TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$2,090,645AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$2,090,645AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$247,763,697RetainedEarningBOYAmt
Retained Earning EOY$256,743,156RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$249,854,342TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$258,833,801TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$282,946,153TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$286,284,413TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$249,854,342TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$3,653,339ExcessRevenueOverExpensesAmt
Other Increases$5,829,150OtherIncreasesAmt
Subtotal$259,336,831SubtotalAmt
Other Decreases$503,030OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$258,833,801TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)

PropertyPropertyDescGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmtHow AcquiredHowAcquiredCd
PUBLICALY TRADED SECURITIES$14,863,164$15,064,898-$201,734-$201,734
PUBLICALY TRADED SECURITIES$37,668,955$22,946,285$14,722,670$14,722,670
PARTNERSHIP K-1S$344,749$344,749$344,749
PARTNERSHIP K-1S$10,624,918$10,624,918$10,624,918
SALE OF GREAT LAKES SCRIP LLC$188,116$188,116$188,116D
CAPITAL GAINS DIVIDENDS$743,436$743,436$743,436P
FieldValueIRS element (for citing)
Capital Gain Net Income$26,422,155CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$19,390,190AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$346,566,059NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.055949DistributionYr1Rt
Adjusted Qlfy Distri Yr2$17,178,746AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$286,713,288NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.059916DistributionYr2Rt
Adjusted Qlfy Distri Yr3$16,892,887AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$282,484,211NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.059801DistributionYr3Rt
Adjusted Qlfy Distri Yr4$15,696,467AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$259,665,853NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.060449DistributionYr4Rt
Adjusted Qlfy Distri Yr5$14,223,676AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$209,375,227NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.067934DistributionYr5Rt
Total Distribution0.304049TotalDistributionRt
Average Distribution0.060810AverageDistributionRt
Net Vl Noncharitable Assets$347,507,579NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$21,131,936AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$283,846NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$21,415,782AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$23,626,451QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$283,846InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$283,846SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$283,846TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$465,878EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$50,000ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$515,878TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$232,032OverpaymentAmt
Applied To ES Tax$232,032AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitYes (1)UnrelatedBusIncmOverLimitInd
Form990 T FiledYes (1)Form990TFiledInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled EntityYes (1)OwnControlledEntityInd
Donor Advised FundYes (1)DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressWWW.WEGEFOUNDATION.COMWebsiteAddressTxt
Individual With BooksMARK VAN PUTTENIndividualWithBooksNm
Phone6169570480PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line199 MONROE AVE NW STE 902AddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP495036210ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnYes (1)PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions0ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business HoldingsYes (1)BusinessHoldingsInd
Excess Business Holdings0ExcessBusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (12 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JONATHAN M WEGE
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210CHAIR, TRUSTEE, MEMBER1.00$0$0$0
MARY GOODWILLIE NELSON
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210VICE PRESIDENT, TRUSTEE, MEMBER1.00$0$0$0
CHRISTOPHER WEGE
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210VICE PRESIDENT, TRUSTEE, MEMBER1.00$0$0$0
DIANA WEGE
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210VICE PRESIDENT, TRUSTEE, MEMBER1.00$0$0$0
JOHANNA OSMAN
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210TRUSTEE1.00$0$0$0
CHRISTOPHER CARTER
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210TRUSTEE1.00$0$0$0
MARK VAN PUTTEN
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210PRESIDENT, CEO40.00$326,295$23,375$25,313
W MICHAEL VAN HAREN
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210FORMER SECRETARY AND TRUSTEE1.00$0$0$0
PETER M WEGE II
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210MEMBER1.00$0$0$0
JENNIFER WEGE
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210TRUSTEE1.00$0$0$0
SUSAN GELL MEYERS
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210SECRETARY1.00$0$0$0
KATHLEEN FURTADO
99 MONROE AVE NW STE 902GRAND RAPIDSMI495036210TREASURER40.00$97,333$8,168$31,035

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee BenefitsEmployeeBenefitsAmtExpense AccountExpenseAccountAmt
EMILY ALEMAN-MCALPINE
99 MONROE AVE NW STE 902GRAND RAPIDSMI485036210PROGRAM DIRECTOR40.00$109,552$9,193$31,113
LESLIE YOUNG
99 MONROE AVE NW STE 902GRAND RAPIDSMI485036210PROGRAM ASSOCIATE40.00$63,582$1,871$24,592
FieldValueIRS element (for citing)
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1WARNER NORCROSS & JUDD LLPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1111 LYON STREET NWAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49503ZIPCd
FieldValueIRS element (for citing)
Service TypeLEGAL SERVICESServiceTypeTxt
Compensation$92,434CompensationAmt
FieldValueIRS element (for citing)
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$167,716,749AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$5,337,632AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$179,745,192FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$352,799,573TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$352,799,573AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$5,291,994CashDeemedCharitableAmt
Net Vl Noncharitable Assets$347,507,579NetVlNoncharitableAssetsAmt
Minimum Investment Return$17,375,379MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$17,375,379MinimumInvestmentReturnAmt
Tax Based On Investment Income$283,846TaxBasedOnInvestmentIncomeAmt
Income Tax$55,869IncomeTaxAmt
Total Tax$339,715TotalTaxAmt
Distributable Before Adj$17,035,664DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$17,035,664DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$17,035,664DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$23,626,451ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$23,626,451QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$283,846PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$23,342,605AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$17,035,664DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$3,996,853ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,270,079ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$3,276,753ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$3,146,015ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$2,874,913ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$16,564,613TotalExcessDistributionCyovAmt
Qualifying Distributions$23,626,451QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$17,035,664AppliedToCurrentYearAmt
Remaining Distri From Corpus$6,590,787RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$23,155,400TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$3,996,853ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$19,158,547ExcessDistriCyovToNextYrAmt
Excess From Year4$3,270,079ExcessFromYear4Amt
Excess From Year3$3,276,753ExcessFromYear3Amt
Excess From Year2$3,146,015ExcessFromYear2Amt
Excess From Year1$2,874,913ExcessFromYear1Amt
Excess From Current Year$6,590,787ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonMARK VAN PUTTENRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line199 MONROE AVE NW STE 902AddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP495036210ZIPCd
FieldValueIRS element (for citing)
Recipient Phone6169570480RecipientPhoneNum
Form And Info And MaterialsDETAILED WRITTEN REQUEST THROUGH WEB SITE.FormAndInfoAndMaterialsTxt
Submission DeadlinesALL REQUESTS FOR GRANTS SHALL BE MADE BY SEPTEMBER 15 AND FEBRUARY 15 TO ALLOW TIME FOR PROPER RESEASubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED DETAILBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED DETAILAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49506ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusSEE ATTACHEDRecipientFoundationStatusTxt
Grant Or Contribution PurposeSEE ATTACHEDGrantOrContributionPurposeTxt
Amt$22,833,679Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$22,833,679TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED DETAILBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED DETAILAddressLine1Txt
CityGRAND RAPIDSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49506ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusSEE ATTACHEDRecipientFoundationStatusTxt
Grant Or Contribution PurposeSEE ATTACHEDGrantOrContributionPurposeTxt
Amt$27,406,312Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Apprv Fut$27,406,312TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,075,330ExclusionAmt

Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp

FieldValueIRS element (for citing)
Exclusion17ExclusionCd
Exclusion$4,800ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion01ExclusionCd
Exclusion$152,574ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$26,422,155ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$31,654,859ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$31,654,859TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (24 entries)

PropertyPropertyDescAcquiredAcquiredDtCost Or Other BasisCostOrOtherBasisAmtPrior Year DepreciationPriorYearDepreciationAmtComputation MethodComputationMethodTxtLifeLifeRtCurrent Year ExpenseCurrentYearExpenseAmtNet Investment IncomeNetInvestmentIncomeAmt
99 MONROE IMPROVEMENTS2015-04-21$8,936$1,490SL15.000000000000$596$0
3 LENOVO THINKPAD COMPUTERS2016-01-14$6,591$4,021SL5.000000000000$1,028$0
LENOVO THINKPAD COMPUTER FOR JODY2016-01-14$1,949$1,189SL5.000000000000$304$0
8 28' LED MONITORS2016-01-14$1,760$1,074SL5.000000000000$275$0
NETWORK MERAKI ACCESS POINT WITH 3 YEAR LICENSE2016-01-14$1,699$1,463SL3.000000000000$157$0
MERAKI ADVANCED SECURITY LICENSE 3 YEARS2016-01-14$1,200$1,033SL3.000000000000$111$0
WARDROBE AND LEFT DESK FOR MARK AND DRAWERS FOR KATY'S STATION2016-02-10$3,812$2,325SL5.000000000000$595$0
COMPUTER SOFTWARE2016-03-08$613$374SL3.000000000000$204$0
NEW CELL PHONES2016-05-03$1,300$715SL5.000000000000$234$0
ARMS FOR MONITORS2016-05-31$795$438SL5.000000000000$143$0
COMPUTER2016-12-01$1,627$699SL5.000000000000$371$0
COMPUTER SOFTWARE2010-03-18$12,996$12,996SL5.000000000000$0$0
99 MONROE IMPROVEMENTS2014-12-01$664,804$138,500SL15.000000000000$44,320$0
BATHROOM RUG2014-10-17$1,060$472SL7.000000000000$151$0
AUDIO/VIDEO2014-11-24$3,564$2,228SL5.000000000000$713$0
FRAMING FOR ARTWORK2014-11-25$16,005$7,144SL7.000000000000$2,286$0
FURNITURE & FIXTURES - 99 MONROE2014-12-01$284,245$132,466SL7.000000000000$43,366$0
FRAMING FOR ARTWORK2015-01-26$1,915$685SL7.000000000000$274$0
FURNITURE & FIXTURES - 99 MONROE2015-04-21$9,106$3,252SL7.000000000000$1,301$0
99 MONROE IMPROVEMENTS2017-01-01$16,000$533SL15.000000000000$1,067$0
CLICK SHARE TECHNOLOGY, WIRELESS SYSTEM LABOR AND DELIVERY2017-03-21$7,435$1,487200DB5.000000000000$2,379$0
VIDEO CONFERENCING2017-06-28$1,580$316200DB5.000000000000$506$0
2 INTERN STATIONS, CEO OFFICE, NEW PROGRAM SPACE, NEW CONFERENCE ROOM2017-02-25$22,557$4,511200DB5.000000000000$7,218$0
FILM ON CONFERENCE WINDOWS2017-10-12$3,052$102SL15.000000000000$203$0

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockCORPORATE STOCKStockNm
EOY Book Value$60,745,654EOYBookValueAmt
EOYFMV$86,409,933EOYFMVAmt

Investments Govt Obligations Sch InvestmentsGovtObligationsSch

FieldValueIRS element (for citing)
US Govt Obligations Book Vl EOY$34,286,918USGovtObligationsBookVlEOYAmt
US Govt Obligations EOYFMV$33,866,896USGovtObligationsEOYFMVAmt
State Local Sec Book Vl EOY$0StateLocalSecBookVlEOYAmt
State Local Sec EOYFMV$0StateLocalSecEOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
HEDGE FUNDSAT COST$20,138,486$27,576,412
ASSET BACKED SECURITIESAT COST$1,266,682$1,248,405

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (24 entries)

Category Or ItemCategoryOrItemTxtCost Or Other BasisCostOrOtherBasisAmtAccumulated DepreciationAccumulatedDepreciationAmtBook ValueBookValueAmt
99 MONROE IMPROVEMENTS$8,936$2,086$6,850
3 LENOVO THINKPAD COMPUTERS$6,591$5,049$1,542
LENOVO THINKPAD COMPUTER FOR JODY$1,949$1,493$456
8 28' LED MONITORS$1,760$1,349$411
NETWORK MERAKI ACCESS POINT WITH 3 YEAR LICENSE$1,699$1,620$79
MERAKI ADVANCED SECURITY LICENSE 3 YEARS$1,200$1,144$56
WARDROBE AND LEFT DESK FOR MARK AND DRAWERS FOR KATY'S STATION$3,812$2,920$892
COMPUTER SOFTWARE$613$578$35
NEW CELL PHONES$1,300$949$351
ARMS FOR MONITORS$795$581$214
COMPUTER$1,627$1,070$557
COMPUTER SOFTWARE$12,996$12,996$0
99 MONROE IMPROVEMENTS$664,804$182,820$481,984
BATHROOM RUG$1,060$623$437
AUDIO/VIDEO$3,564$2,941$623
FRAMING FOR ARTWORK$16,005$9,430$6,575
FURNITURE & FIXTURES - 99 MONROE$284,245$175,832$108,413
FRAMING FOR ARTWORK$1,915$959$956
FURNITURE & FIXTURES - 99 MONROE$9,106$4,553$4,553
99 MONROE IMPROVEMENTS$16,000$1,600$14,400
CLICK SHARE TECHNOLOGY, WIRELESS SYSTEM LABOR AND DELIVERY$7,435$3,866$3,569
VIDEO CONFERENCING$1,580$822$758
2 INTERN STATIONS, CEO OFFICE, NEW PROGRAM SPACE, NEW CONFERENCE ROOM$22,557$11,729$10,828
FILM ON CONFERENCE WINDOWS$3,052$305$2,747

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (11 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
PARTNERSHIP INTERESTS$131,119,963$141,457,201$149,721,818
WEDGE GROUP - PARTNERSHIP INTERESTS$5,066,884$424,865$712,642
FINE ART$408,360$408,360$408,360
SILVER COINS$566$566$566
CONTRACT PHARMACEUTICALS$9,265,552$9,265,552$13,360,000
AMERICAN GENERAL LIFE INS ANUITY$1$1$212,000
GRAM BOND$9,420,000$9,420,000$9,420,000
GRAM BOND - ACCRUED INTEREST$57,034$57,034
WF - PATHFINDER LLC$290,000$290,000$290,000
WEDGE GROUP - OTHER$360,000$360,000$357,000
WEDGE GROUP - HARDING ENERGY$120,561$120,561$116,025

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBOOK TO TAX DIFFERENCEDesc
Amt$503,030Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
DUES AND MEMBERSHIPS$46,097$0$46,097
OFFICE EXPENSES$311,036$0$311,036
CONSULTING FEE$7,180$0$7,180
EDUCATION$15,645$0$15,645
MEALS & ENTERTAINMENT$9,221$0$9,221
INSURANCE$24,803$0$24,803
PAYROLL FEES$3,739$0$3,739
ALIMONY$21,000$0$0
RETREAT$3,398$0$3,398
ANNUAL FEE$25$0$25

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
PARTNERSHIP K-1S$84,514$84,514$84,514
MISCELLANEOUS INCOME$68,060$68,060$68,060

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (3 entries)

DescDescAmtAmt
CHANGE IN GRANTS PAYABLE$5,685,499
GRAM BOND ACCRUED UNPAID INTEREST$57,034
PRIOR PERIOD ADJUSTMENT$86,617

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT FEES$970,556$970,556$0
PROFESSIONAL FEES-ATTY/CPA$172,916$172,916$0
PORTFOLIO EXPENSES$1,111,315$1,111,315$0

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FOREIGN TAX WITHHELD ON DIVIDENDS$250,072$250,072$0
EXCISE TAXES$976,000$0$0
PROPERTY TAXES$23,903$23,903$0
PAYROLL TAXES$43,696$43,696$0

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