VELTING FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization: VELTING FOUNDATION (EIN 38-1859282)
Tax period: 2023-12-01 to 2024-11-30
Filed: 2025-02-20
IRS object ID: 202530519349100023
Schema version: 2023v6.0
Source: Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header
Form 990-PF
Schedule B
Accounting Fees Schedule
Substantial Contributors Sch
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2025-02-20T17:20:42-05:00	ReturnTs
Tax Period End	2024-11-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	611441770	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	STONEHENGE CONSULTING PLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	6500 BYRON CENTER AVE STE 200	AddressLine1Txt
City	BYRON CENTER	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49315	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2023-12-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	381859282	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VELTING FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	VELT	BusinessNameControlTxt
Phone	6169496660	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1105 ELECTRIC AVE	AddressLine1Txt
City	WAYLAND	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49348	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	SCOTT VELTING	PersonNm
Person Title	SECY/TREAS	PersonTitleTxt
Phone	6169496660	PhoneNum
Signature	2025-02-19	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (true)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	CASEY R YOUNG CPA	PreparerPersonNm
PTIN	P00347163	PTIN
Phone	6168911147	PhoneNum
Preparation	2025-02-19	PreparationDt

Field	Value	IRS element (for citing)
Tax	2023	TaxYr
Build TS	2025-03-06 01:10:19Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$184,638	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	$150,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$148	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$148	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$148	InterestOnSavingsAdjNetIncmAmt
Total Rev And Expnss	$150,148	TotalRevAndExpnssAmt
Total Net Invst Incm	$148	TotalNetInvstIncmAmt
Total Adj Net Incm	$148	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$750	AccountingFeesRevAndExpnssAmt
Accounting Fees Chrtbl Prps	$750	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$2	TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl	$2	TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$752	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$752	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$150,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$150,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$150,752	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$150,752	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$604	ExcessRevenueOverExpensesAmt
Net Investment Income	$148	NetInvestmentIncomeAmt
Adjusted Net Income	$148	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$185,242	CashBOYAmt
Cash EOY	$184,638	CashEOYAmt
Cash EOYFMV	$184,638	CashEOYFMVAmt
Total Assets BOY	$185,242	TotalAssetsBOYAmt
Total Assets EOY	$184,638	TotalAssetsEOYAmt
Total Assets EOYFMV	$184,638	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$185,242	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$184,638	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$185,242	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$184,638	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$185,242	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$184,638	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$185,242	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$604	ExcessRevenueOverExpensesAmt
Subtotal	$184,638	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$184,638	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$2	InvestmentIncomeExciseTaxAmt
Subtotal	$2	SubtotalAmt
Tax Based On Investment Income	$2	TaxBasedOnInvestmentIncomeAmt
Tax Due	$2	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (true)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	false	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (true)	NewSubstantialContributorsInd
Own Controlled Entity	false	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt
Individual With Books	SCOTT VELTING	IndividualWithBooksNm
Phone	6169496660	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1105 ELECTRIC AVE	AddressLine1Txt
City	WAYLAND	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49348	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	false	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	false	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	false	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	false	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	false	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	false	TransferAstDisqualifiedPrsnInd
Payment To Government Official	false	PaymentToGovernmentOfficialInd
Undistributed Income PY	false	UndistributedIncomePYInd
Business Holdings	false	BusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	SCOTT VELTING	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1105 ELECTRIC AVE	AddressLine1Txt
City	WAYLAND	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49348	ZIPCd

Field	Value	IRS element (for citing)
Title	SECY/TREAS	TitleTxt
Average Hrs Per Wk Devoted To Pos	000.00	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$157,127	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$157,127	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$157,127	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$2,357	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$154,770	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$7,739	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$7,739	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2	TaxBasedOnInvestmentIncomeAmt
Total Tax	$2	TotalTaxAmt
Distributable Before Adj	$7,737	DistributableBeforeAdjAmt
Distributable Before Ded	$7,737	DistributableBeforeDedAmt
Distributable As Adjusted	$7,737	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$150,752	ExpensesAndContributionsAmt
Qualifying Distributions	$150,752	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$7,737	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5	$4,565	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$254	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$4,650	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$18,649	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$141,373	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$169,491	TotalExcessDistributionCyovAmt
Qualifying Distributions	$150,752	QualifyingDistributionsAmt
Applied To Current Year	$7,737	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$143,015	RemainingDistriFromCorpusAmt
Total Corpus	$312,506	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$4,565	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$307,941	ExcessDistriCyovToNextYrAmt
Excess From Year4	$254	ExcessFromYear4Amt
Excess From Year3	$4,650	ExcessFromYear3Amt
Excess From Year2	$18,649	ExcessFromYear2Amt
Excess From Year1	$141,373	ExcessFromYear1Amt
Excess From Current Year	$143,015	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	SCOTT VELTING	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	1105 ELECTRIC AVE	AddressLine1Txt
City	WAYLAND	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49348	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	6169496660	RecipientPhoneNum
Recipient Email Address	SVELTING@VELTING.COM	RecipientEmailAddressTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
GRACE ADVENTURES
2100 NORTH RIDGE ROAD	SILVER LAKE	MI	49436	CHARITABLE PURPOSE	$80,000
CHRISTIANITY OUTDOORS
1112 MAPLEWOOD DRIVE	JENISON	MI	49428	CHARITABLE PURPOSE	$20,000
GRACE CHRISTIAN UNIVERSITY
1011 ALDON STREET SW	GRAND RAPIDS	MI	49509	CHARITABLE PURCHASE	$50,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$150,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$148	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$148	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$148	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	VELTING CONTRACTORS INC	BusinessNameLine1Txt

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	1105 ELECTRIC AVE	AddressLine1Txt
City	WAYLAND	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49348	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$150,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$750	Amt
Disbursements Charitable Prps	$750	DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

Field	Value	IRS element (for citing)
Person	VELTING CONTRACTORS INC	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1105 ELECTRIC AVE	AddressLine1Txt
City	WAYLAND	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	49348	ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT TAXES/LICENSES	CategoryTxt
Amt	$2	Amt
Disbursements Charitable Prps	$2	DisbursementsCharitablePrpsAmt

VELTING FOUNDATION: Form 990PF, tax year 2023

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

US Address USAddress

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor Business Name ContributorBusinessName

Contributor US Address ContributorUSAddress

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

US Address USAddress

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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