GEENEN FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
GEENEN FAMILY FOUNDATION (EIN 38-3534246)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-14
IRS object ID
201341349349100209
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2013-05-14T07:13:50-05:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1GEENEN AND KOLEAN PCBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1246 SOUTH RIVER AVENUE SUITE 201AddressLine1
CityHOLLANDCity
StateMIState
ZIP Code49423ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN383534246EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1GEENEN FAMILY FOUNDATIONBusinessNameLine1
Business Name Line2C/O CHARLES GEENENBusinessNameLine2
FieldValueIRS element (for citing)
Name ControlGEENNameControl
Phone6163964950Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1
CityHOLLANDCity
StateMIState
ZIP Code49423ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameCHARLES GEENENName
TitlePRESIDENTTitle
Phone6163964950Phone
Date Signed2013-04-30DateSigned

Preparer Preparer

FieldValueIRS element (for citing)
NameDOUGLAS R GEENENName
Phone6163930398Phone
Date Prepared2013-05-03DatePrepared
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-25 16:41:14ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY1120336FMVAssetsEOY
Method Of Accounting AccrualXMethodOfAccountingAccrual

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss11000InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm11000InterestOnSavingsNetInvstIncm
Dividends Rev And Expnss4202DividendsRevAndExpnss
Dividends Net Invst Incm4202DividendsNetInvstIncm
Net Gain Sale Assets Rev And Expnss-40024NetGainSaleAssetsRevAndExpnss
Gross Sales Price223757GrossSalesPrice
Total Revenue And Expenses-24822TotalRevenueAndExpenses
Total Net Investment Income15202TotalNetInvestmentIncome
Other Expenses Rev And Expnss1589OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm1589OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss1589TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm1589TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss70720ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps70720ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss72309TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm1589TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps70720TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-97131ExcessOfRevenueOverExpenses
Net Investment Income13613NetInvestmentIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY19984CashBOY
Cash EOY190189CashEOY
Cash EOYFMV190189CashEOYFMV
Investments Corp Stock BOY148477InvestmentsCorpStockBOY
Investments Corp Stock EOY151160InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV148398InvestmentsCorpStockEOYFMV
Investments Land Etc Basis802891InvestmentsLandEtcBasis
Investments Land Etc BOY1075326InvestmentsLandEtcBOY
Investments Land Etc EOY802891InvestmentsLandEtcEOY
Investments Land Etc EOYFMV569100InvestmentsLandEtcEOYFMV
Investments Other BOY205329InvestmentsOtherBOY
Investments Other EOY207745InvestmentsOtherEOY
Investments Other EOYFMV212649InvestmentsOtherEOYFMV
Total Assets BOY1449116TotalAssetsBOY
Total Assets EOY1351985TotalAssetsEOY
Total Assets EOYFMV1120336TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Do Not Follow SFAS117XOrgThatDoNotFollowSFAS117
Retained Earnings BOY1449116RetainedEarningsBOY
Retained Earnings EOY1351985RetainedEarningsEOY
Total Net Assets BOY1449116TotalNetAssetsBOY
Total Net Assets EOY1351985TotalNetAssetsEOY
Total Liabilities Net Assets BOY1449116TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1351985TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1449116TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-97131ExcessOfRevenueOverExpenses
Subtotal1351985Subtotal
Total Net Assets Fund Balances EOY1351985TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

Capital Gains And Losses Info CapitalGainsAndLossesInfo (2 entries)

Description Of AssetDescriptionOfAssetHow AcquiredHowAcquiredDate AcquiredDateAcquiredDate SoldDateSoldGross Sales PriceGrossSalesPriceCost Or Other BasisCostOrOtherBasisGain Or LossGainOrLossGains Minus Excess Or LossesGainsMinusExcessOrLosses
WALNUT CREEK SALESP2008-06-302012-06-30106596129541-22945-22945
PINE CREEK SALESP2008-06-302012-06-30114750134240-19490-19490
FieldValueIRS element (for citing)
Capital Gain Net Income-40024CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year169875QualifyingDistributionsYear1
Noncharitable Assets Year11170496NoncharitableAssetsYear1
Distribution Ratio Year10.059697DistributionRatioYear1
Qualifying Distributions Year280832QualifyingDistributionsYear2
Noncharitable Assets Year21307939NoncharitableAssetsYear2
Distribution Ratio Year20.061801DistributionRatioYear2
Qualifying Distributions Year359978QualifyingDistributionsYear3
Noncharitable Assets Year31528948NoncharitableAssetsYear3
Distribution Ratio Year30.039228DistributionRatioYear3
Qualifying Distributions Year420000QualifyingDistributionsYear4
Noncharitable Assets Year41701659NoncharitableAssetsYear4
Distribution Ratio Year40.011753DistributionRatioYear4
Qualifying Distributions Year586233QualifyingDistributionsYear5
Noncharitable Assets Year51751890NoncharitableAssetsYear5
Distribution Ratio Year50.049223DistributionRatioYear5
Total Distribution Ratio0.221702TotalDistributionRatio
Average Distribution Ratio0.044340AverageDistributionRatio
Net Noncharitable Assets1067580NetNoncharitableAssets
Adjusted Noncharitable Assets47336AdjustedNoncharitableAssets
One Percent Net Investment Income136OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One47472AdjNonchrtblAssetsAndOnePct
Qualifying Distributions70720QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax136InvestmentIncomeExciseTax
Subtotal136Subtotal
Tax Based On Investment Income136TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment130EstTaxPaymentsAndOverpayment
Total Credits And Payments130TotalCreditsAndPayments
Tax Due6TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithMIStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress
Books In Care Of Person NameCHARLES GEENENBooksInCareOfPersonName
Books In Care Of Phone Number6163964950BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line11276 BEACH DRAddressLine1
CityHOLLANDCity
StateMIState
ZIP Code49423ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Business HoldingsfalseBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensationContri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtcExpense Account Other AllowancesExpenseAccountOtherAllowances
CHARLES GEENEN
1276 BEACH DRHOLLANDMI49423PRES, TREAS1.00000
JULIE GEENEN
1276 BEACH DRHOLLANDMI49423DIRECTOR1.00000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Sum Of Program Related Investments SumOfProgramRelatedInvestments

FieldValueIRS element (for citing)
Description1N/ADescription1

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities335309AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances112479AvgMonthlyCashBalances
FMV All Other Noncharitable Assets636050FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets1083838TotalFMVOfUnusedAssets
Adj Total FMV Of Unused Assets1083838AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable16258CashDeemedCharitable
Net Noncharitable Assets1067580NetNoncharitableAssets
Minimum Investment Return53379MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return53379MinimumInvestmentReturn
Tax Based On Investment Income136TaxBasedOnInvestmentIncome
Total Tax136TotalTax
Distributable Amount Before Adj53243DistributableAmountBeforeAdj
Distributable Amount Before Ded53243DistributableAmountBeforeDed
Distributable Amount As Adjusted53243DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions70720ExpensesAndContributions
Qualifying Distributions70720QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm136OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions70584AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted53243DistributableAmountAsAdjusted
Undistributed Income Prior Year3086UndistributedIncomePriorYear
Qualifying Distributions70720QualifyingDistributions
Applied To Year13086AppliedToYear1
Applied To Current Year53243AppliedToCurrentYear
Remaining Distri From Corpus14391RemainingDistriFromCorpus
Total Corpus14391TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year14391ExcessDistriCyovToNextYear
Excess From Current Year14391ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (2 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ZEELAND CHRISTIAN SCHOOLS
334 WEST CENTRAL AVEZEELANDMI49464501(C)(3)EDUCATIONAL$20,000
HOLLAND CHRISTIAN SCHOOLS
956 OTTAWA AVENUEHOLLANDMI49423501(C)(3)EDUCATIONAL$50,720
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year70720TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$11,000ExclusionAmount

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion$4,202ExclusionAmount

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Exclusion-$42,435ExclusionAmount
Related Or Exempt Function Income2411RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Exclusion-$27,233ExclusionAmount
Related Or Exempt Function Income2411RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA-24822TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Compensation Explanation CompensationExplanation

Compensation Compensation (2 entries)

CHARLES GEENEN
JULIE GEENEN

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock (2 entries)

Name Of StockNameOfStockEOY Book ValueEOYBookValueEOYFMVEOYFMV
MACATAWA TRUST151160148398
.

Investments Land Schedule2 InvestmentsLandSchedule2

Investment Land InvestmentLand

FieldValueIRS element (for citing)
Category Or ItemPINE ISLAND WALNUT CREEKCategoryOrItem
Cost Or Other Basis802891CostOrOtherBasis
Book Value802891BookValue
EOYFMV569100EOYFMV

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOther (2 entries)

Category Or ItemCategoryOrItemListed At Cost Or FMVListedAtCostOrFMVBook ValueBookValueEOYFMVEOYFMV
VANGUARD 500 INDEX FUNDAT COST107745112649
MACATAWA NOTEAT COST100000100000

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (4 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncome
EXPENSES
MICHIGAN ANNUAL FEE2020
FIDUCIARY FEES14931493
MISC EXPENSES7676

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