WEGE FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- WEGE FOUNDATION (EIN 38-6124363)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201323199349101562
- Schema version
- 2012v2.1
- 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
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-11-15T13:17:02-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381337372 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEENE GARTER LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 56 GRANDVILLE AVE SW SUITE 100 | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 495034036 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 386124363 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE WEGE FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | WEGE | NameControl |
| Phone | 6169570480 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6388 | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 495166388 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | PETER M WEGE | Name |
| Title | DIRECTOR | Title |
| Phone | 6169570480 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | CLAUDE A TITCHE III CPA | Name |
| PTIN | P00144077 | PTIN |
| Phone | 6162355200 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 84647413 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 963864 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 963864 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 2467169 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 23084041 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 2467169 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 96 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 96 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 3431129 | TotalRevenueAndExpenses |
| Total Net Investment Income | 3431129 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 662321 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 662317 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 7072 | InterestRevAndExpnss |
| Interest Net Invst Incm | 7072 | InterestNetInvstIncm |
| Interest Dsbrs Chrtbl Prps | 0 | InterestDsbrsChrtblPrps |
| Taxes Rev And Expnss | 40607 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 40607 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Deprec And Depletion Rev And Expnss | 4623 | DeprecAndDepletionRevAndExpnss |
| Deprec And Depletion Net Invst Incm | 0 | DeprecAndDepletionNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 15127 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Net Invst Incm | 0 | TravConfMeetingNetInvstIncm |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 15127 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 868842 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 84999 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 783843 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 1598592 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 794995 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 798970 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 11372480 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 11372480 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 12971072 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 794995 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 12171450 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -9539943 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 2636134 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 439288 | CashBOY |
| Cash EOY | 191663 | CashEOY |
| Cash EOYFMV | 191663 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 1453025 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 1737971 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 1737971 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 27890889 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 10966086 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 17581049 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 18163100 | InvestmentsOtherBOY |
| Investments Other EOY | 18175588 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 26388602 | InvestmentsOtherEOYFMV |
| Land Building And Equipment Basis | 101954 | LandBuildingAndEquipmentBasis |
| Accum Deprec Land Bldg And Equip | 97605 | AccumDeprecLandBldgAndEquip |
| Land Building And Equipment BOY | 8972 | LandBuildingAndEquipmentBOY |
| Land Building And Equipment EOY | 4349 | LandBuildingAndEquipmentEOY |
| Land Building And Equipment EOYFMV | 4349 | LandBuildingAndEquipmentEOYFMV |
| Other Assets BOY | 30768235 | OtherAssetsBOY |
| Other Assets EOY | 38124832 | OtherAssetsEOY |
| Other Assets EOYFMV | 38743779 | OtherAssetsEOYFMV |
| Total Assets BOY | 78723509 | TotalAssetsBOY |
| Total Assets EOY | 69200489 | TotalAssetsEOY |
| Total Assets EOYFMV | 84647413 | TotalAssetsEOYFMV |
| Grants Payable BOY | 27510380 | GrantsPayableBOY |
| Grants Payable EOY | 22865300 | GrantsPayableEOY |
| Total Liabilities BOY | 27510380 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 22865300 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 2090645 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 2090645 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 49122484 | RetainedEarningsBOY |
| Retained Earnings EOY | 44244544 | RetainedEarningsEOY |
| Total Net Assets BOY | 51213129 | TotalNetAssetsBOY |
| Total Net Assets EOY | 46335189 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 78723509 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 69200489 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 51213129 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -9539943 | ExcessOfRevenueOverExpenses |
| Other Increases | 4662003 | OtherIncreases |
| Subtotal | 46335189 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 46335189 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (5 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 3873295 | 3731289 | 142006 | 142006 |
| PUBLICLY TRADED SECURITIES | P | 18751096 | 16885583 | 1865513 | 1865513 |
| PARTNERSHIP K-1S | P | 3317 | 3317 | 3317 | |
| PARTNERSHIP K-1S | P | 346232 | 346232 | 346232 | |
| CAPITAL GAINS DIVIDENDS | P | 110101 | 110101 | 110101 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 2467169 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 12555161 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 92420069 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.135849 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 13087993 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 96232724 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.136004 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 14727263 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 95677959 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.153925 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 17944138 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 155590676 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.115329 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 21045216 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 160398344 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.131206 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.672313 | TotalDistributionRatio |
| Average Distribution Ratio | 0.134463 | AverageDistributionRatio |
| Net Noncharitable Assets | 80301952 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 10797641 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 26361 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 10824002 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 12171450 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 26361 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 26361 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 26361 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 31324 | EstTaxPaymentsAndOverpayment |
| Tax Paid With Extension | 125000 | TaxPaidWithExtension |
| Total Credits And Payments | 156324 | TotalCreditsAndPayments |
| Overpayment | 129963 | Overpayment |
| Amount Credited To Next Year | 129963 | AmountCreditedToNextYear |
| Amount To Be Refunded | 0 | AmountToBeRefunded |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | MI | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 0 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | WWW.WEGEFOUNDATION.COM | WebsiteAddress |
| Books In Care Of Person Name | ELLEN SATTERLEE | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 6169570480 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6388 | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 49506 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 1 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | 0 | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (8 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| PETER M WEGE | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | CHAIRMAN | 0.00 | 0 | 0 | 0 |
| PETER M WEGE II | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | PRESIDENT,TRUSTEE | 0.00 | 0 | 0 | 0 |
| ELLEN SATTERLEE | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | TREASURER, EXEC. DIRECTOR | 40.00 | 144282 | 18113 | 0 |
| MARY GOODWILLIE NELSON | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | TRUSTEE | 0.00 | 0 | 0 | 0 |
| DIANA WEGE SHEROGAN | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | TRUSTEE | 0.00 | 0 | 0 | 0 |
| JONATHAN M WEGE | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | VICE PRESIDENT, TRUSTEE | 0.00 | 0 | 0 | 0 |
| CHRISTOPHER WEGE | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | TRUSTEE | 0.00 | 0 | 0 | 0 |
| W MICHAEL VAN HAREN | ||||||||
| PO BOX 6388 | GRAND RAPIDS | MI | 49506 | SECRETARY | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CONSERVATION STRATEGY | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 122 CRECENT DR | AddressLine1 |
| City | GRAND HAVEN | City |
| State | MI | State |
| ZIP Code | 494172406 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | ENVIRONMENT SERVICES | TypeOfService |
| Compensation | 156236 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 50076278 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1289803 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 30158743 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 81524824 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 81524824 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 1222872 | CashDeemedCharitable |
| Net Noncharitable Assets | 80301952 | NetNoncharitableAssets |
| Minimum Investment Return | 4015098 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 4015098 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 26361 | TaxBasedOnInvestmentIncome |
| Total Tax | 26361 | TotalTax |
| Distributable Amount Before Adj | 3988737 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 3988737 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 3988737 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 12171450 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 12171450 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 26361 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 12145089 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 3988737 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year5 | 13429665 | ExcessDistriCarryoverYear5 |
| Excess Distri Carryover Year4 | 10180920 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year3 | 9946523 | ExcessDistriCarryoverYear3 |
| Excess Distri Carryover Year2 | 8361527 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 7956710 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 49875345 | TotalExcessDistriCarryover |
| Qualifying Distributions | 12171450 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 3988737 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 8182713 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 58058058 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 13429665 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 44628393 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 10180920 | ExcessFromYear4 |
| Excess From Year3 | 9946523 | ExcessFromYear3 |
| Excess From Year2 | 8361527 | ExcessFromYear2 |
| Excess From Year1 | 7956710 | ExcessFromYear1 |
| Excess From Current Year | 8182713 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
Appication Submission Info AppicationSubmissionInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Name | PETER M WEGE | RecipientName |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 6388 | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 49506 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone Number | 6169570480 | RecipientPhoneNumber |
| Form And Info And Materials | DETAILED WRITTEN REQUEST | FormAndInfoAndMaterials |
| Submission Deadlines | ALL REQUESTS FOR GRANTS SHALL BE MADE BY SEPTEMBER 15 AND FEBRUARY 15 TO ALLOW TIME FOR PROPER RESEA | SubmissionDeadlines |
| Restrictions On Awards | NONE | RestrictionsOnAwards |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ATTACHED DETAIL | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 49506 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | SEE ATTACHED | PurposeOfGrantOrContribution |
| Amount | $11,372,480 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 11372480 | TotGrantOrContriPaidDuringYear |
Grant Or Contri Approved For Future GrantOrContriApprovedForFuture
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE | BusinessNameLine1 |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ATTACHED DETAIL | AddressLine1 |
| City | GRAND RAPIDS | City |
| State | MI | State |
| ZIP Code | 49506 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationship |
| Recipient Foundation Status | SEE ATTACHED | RecipientFoundationStatus |
| Purpose Of Grant Or Contribution | SEE ATTACHED | PurposeOfGrantOrContribution |
| Amount | $22,865,300 | Amount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Approved Future | 22865300 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $963,864 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $96 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $2,467,169 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $3,431,129 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 3431129 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Depreciation Schedule DepreciationSchedule
Depreciation Depreciation (11 entries)
| Description Of PropertyDescriptionOfProperty | Date AcquiredDateAcquired | Cost Or Other BasisCostOrOtherBasis | Prior Years DepreciationPriorYearsDepreciation | Computation MethodComputationMethod | LifeLife | Current Year ExpenseCurrentYearExpense | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|---|---|---|---|
| COMPUTER SOFTWARE | 1997-12-31 | 1500 | 1500 | SL | 5.000000000000 | 0 | 0 |
| COMPUTER | 1998-01-01 | 19135 | 19135 | SL | 5.000000000000 | 0 | 0 |
| COMPUTER SOFTWARE | 1998-08-01 | 4350 | 4350 | SL | 5.000000000000 | 0 | 0 |
| OFFICE FURNITURE | 1998-06-30 | 20531 | 20531 | SL | 7.000000000000 | 0 | 0 |
| OFFICE FURNITURE | 1998-07-01 | 2066 | 2066 | SL | 7.000000000000 | 0 | 0 |
| COPY MACHINE | 1999-11-30 | 3695 | 3695 | SL | 7.000000000000 | 0 | 0 |
| PROJECTOR | 2000-11-30 | 6808 | 6808 | SL | 7.000000000000 | 0 | 0 |
| PHONE SYSTEM | 2004-07-01 | 11907 | SL | 7.000000000000 | 0 | 0 | |
| PRINTER | 2005-11-30 | 15084 | 13199 | SL | 7.000000000000 | 1885 | 0 |
| OFFICE WALK STATION | 2009-04-15 | 3882 | 1092 | 200DB | 7.000000000000 | 243 | 0 |
| COMPUTER SOFTWARE | 2010-03-18 | 12996 | 6758 | 200DB | 5.000000000000 | 2495 | 0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | CORPORATE STOCK | NameOfStock |
| EOY Book Value | 10966086 | EOYBookValue |
| EOYFMV | 17581049 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | HEDGE FUNDS | CategoryOrItem |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMV |
| Book Value | 18175588 | BookValue |
| EOYFMV | 26388602 | EOYFMV |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtc (11 entries)
| Category Or ItemCategoryOrItem | Cost Or Other BasisCostOrOtherBasis | Accumulated DepreciationAccumulatedDepreciation | Book ValueBookValue |
|---|---|---|---|
| COMPUTER SOFTWARE | 1500 | 1500 | 0 |
| COMPUTER | 19135 | 19135 | 0 |
| COMPUTER SOFTWARE | 4350 | 4350 | 0 |
| OFFICE FURNITURE | 20531 | 20531 | 0 |
| OFFICE FURNITURE | 2066 | 2066 | 0 |
| COPY MACHINE | 3695 | 3695 | 0 |
| PROJECTOR | 6808 | 6808 | 0 |
| PHONE SYSTEM | 11907 | 11907 | 0 |
| PRINTER | 15084 | 15084 | 0 |
| OFFICE WALK STATION | 3882 | 3276 | 606 |
| COMPUTER SOFTWARE | 12996 | 9253 | 3743 |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | PARTNERSHIP INTERESTS | Description |
| BOY Book Value | 30768235 | BOYBookValue |
| EOY Book Value | 38124832 | EOYBookValue |
| EOYFMV | 38743779 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (8 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| DUES AND MEMBERSHIPS | 18003 | 0 | 18003 |
| OFFICE EXPENSES | 40408 | 0 | 40408 |
| CONSULTING FEE | 156236 | 0 | 156236 |
| EDUCATION | 98545 | 0 | 98545 |
| MEALS & ENTERTAINMENT | 5833 | 0 | 5833 |
| INSURANCE | 5814 | 0 | 5814 |
| CONTRACT LABOR | 459004 | 0 | 459004 |
| PARTNERSHIP K-1 LOSSES | 84999 | 84999 | 0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Revenue And Expenses Per Books | 96 | RevenueAndExpensesPerBooks |
| Net Investment Income | 96 | NetInvestmentIncome |
| Adjusted Net Income | 96 | AdjustedNetIncome |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| CHANGE IN GRANTS PAYABLE | $4,645,080 |
| BOOK TO TAX DIFFERENCE | $16,923 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees (3 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| INVESTMENT FEES | $257,522 | 257518 | 0 |
| PROFESSIONAL FEES-ATTY/CPA | $20,199 | 20199 | 0 |
| PORTFOLIO EXPENSES | $384,600 | 384600 | 0 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX WITHHELD ON DIVIDENDS | Category |
| Amount | $40,607 | Amount |
| Net Investment Income | 40607 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Comments