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HERBERT FOUNDATION: Form 990PF, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
HERBERT FOUNDATION (EIN 88-2809300)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-11-17
IRS object ID
202523219349103722
Schema version
2024v5.0
Source
Download XML · Original 990 at ProPublica

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

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2025-11-17T13:01:07-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN383133790PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1ANDREWS HOOPER PAVLIK PLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line14295 OKEMOS RD STE 200AddressLine1Txt
CityOKEMOSCityNm
State AbbreviationMIStateAbbreviationCd
ZIP488646201ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN882809300EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HERBERT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlHERBBusinessNameControlTxt
Phone5172852310PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16210 W GOLFRIDGE DRAddressLine1Txt
CityEAST LANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48823ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMELISSA K HERBERTPersonNm
Person TitleVP & TREASURERPersonTitleTxt
Phone5179080909PhoneNum
Signature2025-11-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJULIE M PFEIFLEPreparerPersonNm
PTINP00751307PTIN
Phone5177060800PhoneNum
Preparation2025-11-17PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,205,814FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$14,702InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$14,702InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$191,877DividendsRevAndExpnssAmt
Dividends Net Invst Incm$191,877DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$23,162NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$314,345GrossSalesPriceAmt
Total Rev And Expnss$183,417TotalRevAndExpnssAmt
Total Net Invst Incm$206,579TotalNetInvstIncmAmt
Taxes Rev And Expnss$328TaxesRevAndExpnssAmt
Taxes Net Invst Incm$328TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$328TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$328TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$400,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$400,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$400,328TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$328TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$400,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$216,911ExcessRevenueOverExpensesAmt
Net Investment Income$206,251NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,436CashBOYAmt
Cash EOY$122,033CashEOYAmt
Cash EOYFMV$122,033CashEOYFMVAmt
Corporate Stock BOY$5,683,314CorporateStockBOYAmt
Corporate Stock EOY$5,345,806CorporateStockEOYAmt
Corporate Stock EOYFMV$9,083,781CorporateStockEOYFMVAmt
Total Assets BOY$5,684,750TotalAssetsBOYAmt
Total Assets EOY$5,467,839TotalAssetsEOYAmt
Total Assets EOYFMV$9,205,814TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$5,684,750RetainedEarningBOYAmt
Retained Earning EOY$5,467,839RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$5,684,750TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,467,839TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,684,750TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,467,839TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,684,750TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$216,911ExcessRevenueOverExpensesAmt
Subtotal$5,467,839SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,467,839TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$2,867InvestmentIncomeExciseTaxAmt
Subtotal$2,867SubtotalAmt
Tax Based On Investment Income$2,867TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$353EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$3,500ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$3,853TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$43EsPenaltyAmt
Overpayment$943OverpaymentAmt
Applied To ES Tax$943AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateMIOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksMELISSA K HERBERTIndividualWithBooksNm
Phone5172852310PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line14010 RIVER COVEAddressLine1Txt
CityLANSINGCityNm
State AbbreviationMIStateAbbreviationCd
ZIP48917ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

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

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JAMES HERBERT
1704 JEROME STLANSINGMI48912PRIOR PRES/T000.00$0$0$0
JUDITH A HERBERT
1704 JEROME STLANSINGMI48912PRESIDENT000.00$0$0$0
MELISSA K HERBERT
4010 RIVER COVELANSINGMI48917VP & TREASUR000.00$0$0$0
JAMES S HERBERT
1704 JEROME STLANSINGMI48912VP & SECRETA000.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$153,749AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$9,404,191AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,557,940TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$9,557,940AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$143,369CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,414,571NetVlNoncharitableAssetsAmt
Minimum Investment Return$470,729MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$470,729MinimumInvestmentReturnAmt
Tax Based On Investment Income$2,867TaxBasedOnInvestmentIncomeAmt
Total Tax$2,867TotalTaxAmt
Distributable Before Adj$467,862DistributableBeforeAdjAmt
Distributable Before Ded$467,862DistributableBeforeDedAmt
Distributable As Adjusted$467,862DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$400,000ExpensesAndContributionsAmt
Qualifying Distributions$400,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$467,862DistributableAsAdjustedAmt
Undistributed Income PY$186,954UndistributedIncomePYAmt
Qualifying Distributions$400,000QualifyingDistributionsAmt
Applied To Year1$186,954AppliedToYear1Amt
Applied To Current Year$213,046AppliedToCurrentYearAmt
Undistributed Income CY$254,816UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJAMES JUDITH HERBERTContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
GREATER LANSING FOOD BANK
5600 FOOD COURTBATHMI48808FOOD SUPPORT$45,000
SPARROW CLINICAL RESEARCH INSTITUTE
1200 E MIGHIGAN AVELANSINGMI48912MEDICAL RESEARCH$250,000SUITE 550
ASSOCIATION CHILDRENS MENTAL HEALTH
6017 W ST JOSEPH HWYLANSINGMI48917HEALTH SERVICES$5,000SUITE 200
MSU DEPT OF TRANSLATION NEURO
400 MONROE AVE NWGRAND RAPIDSMI49503MEDICAL RESEARCH$100,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$400,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$14,702ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$191,877ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$23,162ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$183,417ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$183,417TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

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

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)

AssetAssetDescAcquiredAcquiredDtHow AcquiredHowAcquiredTxtSoldSoldDtGross Sales PriceGrossSalesPriceAmtBasisBasisAmtTotal NetTotalNetAmt
FORD MOTOR CREDIT2023-03PURCHASE2024-09$200,000$200,000
INTEL CORP2011-03PURCHASE2024-12$114,345$137,507-$23,162

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
STOCK$4,273,745$6,860,300
MUTUAL FUNDS$1,072,061$2,223,481

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAXESCategoryTxt
Amt$328Amt
Net Investment Income$328NetInvestmentIncomeAmt

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