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        <NamePerson>Dr Rev Arie Leder</NamePerson>
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        <NamePerson>Mr Robert Knoor</NamePerson>
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        <OtherCompensation>16360</OtherCompensation>
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      <TotalReportableCompFrmRltdOrgs>0</TotalReportableCompFrmRltdOrgs>
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        <Personal>0</Personal>
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        <Other>0</Other>
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        <Other>0</Other>
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        <Other>0</Other>
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        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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        <ExclusionAmount>0</ExclusionAmount>
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      <OtherRevenueMisc>
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      <MiscellaneousRevenue>
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        <RelatedOrExemptFunctionIncome>5691</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
        <ExclusionAmount>0</ExclusionAmount>
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      <TotalRevenue>
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        <RelatedOrExemptFunctionIncome>3373785</RelatedOrExemptFunctionIncome>
        <UnrelatedBusinessRevenue>0</UnrelatedBusinessRevenue>
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      <GrantsToDomesticOrgs>
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        <ProgramServices>219906</ProgramServices>
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      <GrantsToDomesticIndividuals>
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        <ProgramServices>1401177</ProgramServices>
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        <ProgramServices>104355</ProgramServices>
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      <CompCurrentOfficersDirectors>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
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        <ProgramServices>115194</ProgramServices>
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        <Fundraising>8234</Fundraising>
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        <ProgramServices>39017</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <FeesForServicesLegal>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>849</ManagementAndGeneral>
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      <FeesForServicesAccounting>
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        <ProgramServices>5460</ProgramServices>
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      <FeesForServicesLobbying>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <FeesForServicesProfFundraising>
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        <Fundraising>0</Fundraising>
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      <FeesForServicesInvstMgmntFees>
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        <ProgramServices>0</ProgramServices>
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        <Fundraising>0</Fundraising>
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        <ProgramServices>35505</ProgramServices>
        <ManagementAndGeneral>19297</ManagementAndGeneral>
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      <Advertising>
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        <ProgramServices>112107</ProgramServices>
        <ManagementAndGeneral>17812</ManagementAndGeneral>
        <Fundraising>61588</Fundraising>
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        <ProgramServices>97053</ProgramServices>
        <ManagementAndGeneral>11515</ManagementAndGeneral>
        <Fundraising>28800</Fundraising>
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      <InformationTechnology>
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        <ProgramServices>186740</ProgramServices>
        <ManagementAndGeneral>18964</ManagementAndGeneral>
        <Fundraising>29815</Fundraising>
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      <Royalties>
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        <ProgramServices>800</ProgramServices>
        <ManagementAndGeneral>190</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <Occupancy>
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        <ProgramServices>1036805</ProgramServices>
        <ManagementAndGeneral>149627</ManagementAndGeneral>
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      <Travel>
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        <Fundraising>35681</Fundraising>
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      <TravelEntrtnmntPublicOfficials>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <ConferencesMeetings>
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        <ProgramServices>34782</ProgramServices>
        <ManagementAndGeneral>2518</ManagementAndGeneral>
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      <Interest>
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        <ProgramServices>4599</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
        <Fundraising>0</Fundraising>
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      <PaymentsToAffiliates>
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        <ProgramServices>0</ProgramServices>
        <ManagementAndGeneral>0</ManagementAndGeneral>
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        <ProgramServices>93726</ProgramServices>
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      <OtherExpenses>
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        <EOY>14630281</EOY>
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        <EOY>47584288</EOY>
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      <TotalLiabNetAssetsFundBalances>
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      <InvestmentsProgramRelated>
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      <OtherLiabilities>
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      <InvestmentExpensesNotIncluded2>0</InvestmentExpensesNotIncluded2>
      <OtherExpensesNotIncluded>1405823</OtherExpensesNotIncluded>
      <ExpensesNotRptdOnFinStmt>1405823</ExpensesNotRptdOnFinStmt>
      <TotalExpensesPerForm990>9542880</TotalExpensesPerForm990>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P05_S00_L04</Identifier>
        <ReturnReference>Schedule D, Part V, Line 4</ReturnReference>
        <Explanation>The Seminary holds endowed funds for the purposes of funding: scholarships, research programs, plant maintenance, faculty chairs and other donor-designated or board -designated restricted purposes.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P10_S00_L00</Identifier>
        <ReturnReference>Schedule D, Part X</ReturnReference>
        <Explanation>Annuity agreements represent the present value of the estimated payments and is recorded as a liability at the inception of the agreement. Federal Perkins loan advances (for students) from the US government are recorded as a liability.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P11_S00_L08</Identifier>
        <ReturnReference>Schedule D, Part XI, Line 8</ReturnReference>
        <Explanation>Changes in the value of split interest agreements.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P12_S00_L02d</Identifier>
        <ReturnReference>Schedule D, Part XII, Line 2d</ReturnReference>
        <Explanation>Changes in the value of split-interest agreements.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P12_S00_L04b</Identifier>
        <ReturnReference>Schedule D, Part XII, Line 4b</ReturnReference>
        <Explanation>Audited statements reflected revenues net of tuition financial aid of $1,229,413 and housing financial aid of $176,410.</Explanation>
      </Form990ScheduleDPartXIV>
      <Form990ScheduleDPartXIV>
        <Identifier>SchD_P13_S00_L04b</Identifier>
        <ReturnReference>Schedule D, Part XIII, Line 4b</ReturnReference>
        <Explanation>Audited statements reflected revenues net of tuition financial aid of $1,229,413 and housing financial aid of $176,410. On the 990, the financial aid is reflected on schedule XI as program grants and other assistance to individuals inside and outside the United States (and also reflected on schedules F and I).</Explanation>
      </Form990ScheduleDPartXIV>
    </IRS990ScheduleD>
    <IRS990ScheduleE documentId="R000005" softwareId="10000077" softwareVersion="v1.00">
      <NondiscriminatoryPolicyStmt>1</NondiscriminatoryPolicyStmt>
      <PolicyStatementInBrochuresEtc>1</PolicyStatementInBrochuresEtc>
      <PolicyPublViaBroadcastMedia>1</PolicyPublViaBroadcastMedia>
      <MaintRacialCompositionRecords>1</MaintRacialCompositionRecords>
      <MaintScholarshipsRecords>1</MaintScholarshipsRecords>
      <MaintCopiesOfBrochuresEtc>1</MaintCopiesOfBrochuresEtc>
      <MaintCopiesOfAllSolicitations>1</MaintCopiesOfAllSolicitations>
      <DiscriminateRaceStudentsRights>0</DiscriminateRaceStudentsRights>
      <DiscriminateRaceAdmissPolicies>0</DiscriminateRaceAdmissPolicies>
      <DiscriminateRaceEmplmnFaculty>0</DiscriminateRaceEmplmnFaculty>
      <DiscriminateRaceScholarships>0</DiscriminateRaceScholarships>
      <DiscriminateRaceEducPolicies>0</DiscriminateRaceEducPolicies>
      <DiscriminateRaceUseOfFclts>0</DiscriminateRaceUseOfFclts>
      <DiscriminateRaceAthleticProg>0</DiscriminateRaceAthleticProg>
      <DiscriminateRaceOtherActy>0</DiscriminateRaceOtherActy>
      <GovernmentFinancialAidReceived>1</GovernmentFinancialAidReceived>
      <GovernmentFinancialAidRevoked>0</GovernmentFinancialAidRevoked>
      <ComplianceWithRevProc7550>1</ComplianceWithRevProc7550>
      <Form990ScheduleEPartII>
        <Identifier>SchE_P01_S00_L03</Identifier>
        <ReturnReference>Schedule E, Part I, Line 3</ReturnReference>
        <Explanation>All published ads have a non-discrimination policy statement. The policy is also on our application for admission.</Explanation>
      </Form990ScheduleEPartII>
      <Form990ScheduleEPartII>
        <Identifier>SchE_P01_S00_L06</Identifier>
        <ReturnReference>Schedule E, Part I, Line 6</ReturnReference>
        <Explanation>The Seminary distributes subsidized and unsubsidized Stafford loans to our students.</Explanation>
      </Form990ScheduleEPartII>
    </IRS990ScheduleE>
    <IRS990ScheduleF documentId="R000006" softwareId="10000077" softwareVersion="v1.00">
      <GrantRecordsMaintained>1</GrantRecordsMaintained>
      <AcctsActvsOutUSTable>
        <Region>Europe (including Iceland and Greenland)</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Grantmaking</TypeOfActivitiesConducted>
        <SpecificServicesProvided>The J.H. Bavinck Society provided seed money for the establishment of the J.H. Bavinck Chair for Reformed Theological Studies at the Stichting Center for Evangelical and Reformation Theology in Amsterdam, The Netherlands.</SpecificServicesProvided>
        <TotalExpenditures>90000</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>North America (including Canada and Mexico, but not the United States)</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>Subsidized cross-cultural internship programs in Canada</SpecificServicesProvided>
        <TotalExpenditures>2842</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>Middle East and North Africa</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>Cross-cultural internships in Egypt for 7 students</SpecificServicesProvided>
        <TotalExpenditures>5713</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>Europe (including Iceland and Greenland)</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Program Services</TypeOfActivitiesConducted>
        <SpecificServicesProvided>Cross-cultural internship in Russia for 1 student</SpecificServicesProvided>
        <TotalExpenditures>1800</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <AcctsActvsOutUSTable>
        <Region>North America (including Canada and Mexico, but not the United States)</Region>
        <NumberOfOffices>0</NumberOfOffices>
        <NumberOfEmployees>0</NumberOfEmployees>
        <TypeOfActivitiesConducted>Grantmaking</TypeOfActivitiesConducted>
        <SpecificServicesProvided>Student scholarship paid to Knox College, the Christian Reformed Campus Ministry and the University of Toronto for the benefit of students studying Reformed theology.</SpecificServicesProvided>
        <TotalExpenditures>4000</TotalExpenditures>
      </AcctsActvsOutUSTable>
      <TotalNumberOfOffices>0</TotalNumberOfOffices>
      <TotalNumberOfEmployees>0</TotalNumberOfEmployees>
      <TotalAmountSpent>104355</TotalAmountSpent>
      <GrantsToOrgsOutsideUS>
        <Region>North America (including Canada and Mexico, but not the United States)</Region>
        <PurposeOfGrant>Facing Your Future Youth Program - grant provides transportation and room and board for program participants paid to the sponsoring church.</PurposeOfGrant>
        <AmountOfCashGrant>7124</AmountOfCashGrant>
        <MannerOfCashDisbursement>Check</MannerOfCashDisbursement>
      </GrantsToOrgsOutsideUS>
      <TotalNumberOf501c3Orgs>3</TotalNumberOf501c3Orgs>
      <TotalNumberOfOtherOrgs>0</TotalNumberOfOtherOrgs>
      <TransferToForeignCorp>0</TransferToForeignCorp>
      <InterestInForeignTrust>0</InterestInForeignTrust>
      <OwnForeignCorp>0</OwnForeignCorp>
      <PassiveForeignInvestCo>0</PassiveForeignInvestCo>
      <ForeignPartnership>0</ForeignPartnership>
      <BoycottCountries>0</BoycottCountries>
      <Form990ScheduleFPartV>
        <Identifier>SchF_P01_S00_L02</Identifier>
        <ReturnReference>Schedule F, Part I, Line 2</ReturnReference>
        <Explanation>For all of our scholarship recipients, the funds are deposited with the degree granting institution for the benefit of the tuition charges incurred by the student. We follow the graduate program progress through reports from the students including major papers or other samplings of their academic work. Ordinarily, the extent of support does not exceed two years. For our grant recipients, funds are primarily disbursed through Seminary graduates acting in their missionary capacity. In some program instances, we also receive reports on the training program, and the site is visited by the program director or designee to review program results and at times to participate in the training events. In the case of cross-cultural internships which are a component of the Ministry Formation M.Div. program and our Master's programs, need is determined by application process, supervisors are interviewed, provided with training and advice, then subsequent to the internship, reports are provided from supervisors on the performance of the student intern, and students also report on the experience and the use of the fund upon return. The Facing Your Future program sends chaperons to accompany participants, who observe the use of funds, then the organizations provide summary of expenses which are reviewed by the program director. The Bavinck Institute sent funding to sponsor a sister-Seminary's reformed theological chair in Europe.</Explanation>
      </Form990ScheduleFPartV>
    </IRS990ScheduleF>
    <IRS990ScheduleI documentId="R000007" softwareId="10000077" softwareVersion="v1.00">
      <RecordsMaintained>1</RecordsMaintained>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Dutton Christian School</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>6729 Hanna Lake Avenue SE</AddressLine1>
          <City>Caledonia</City>
          <State>MI</State>
          <ZIPCode>49316</ZIPCode>
        </AddressUS>
        <EINOfRecipient>381539995</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>7790</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>Cash</MethodOfValuation>
        <PurposeOfGrant>Scholarship for tuition for children of M.Div. students attending the Seminary</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Grand Rapids Christian Schools</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>1812 Sylvan Avenue SE</AddressLine1>
          <City>Grand Rapids</City>
          <State>MI</State>
          <ZIPCode>49506</ZIPCode>
        </AddressUS>
        <EINOfRecipient>381880873</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>44565</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>Cash</MethodOfValuation>
        <PurposeOfGrant>Scholarship for tuition for children of M.Div. students attending the Seminary</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Calvin College</BusinessNameLine1>
          <BusinessNameLine2>CICW and</BusinessNameLine2>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>3201 Burton Street SE</AddressLine1>
          <City>Grand Rapids</City>
          <State>MI</State>
          <ZIPCode>49546</ZIPCode>
        </AddressUS>
        <EINOfRecipient>383071514</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>143099</AmountOfCashGrant>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>Cash</MethodOfValuation>
        <PurposeOfGrant>Calvin College - Seminars in Christian Scholarship received $77,744 and Calvin College's Calvin Institute of Christian Worship received $65,355. These payments were in support of the annual Christian scholarship summer seminar, the Worship Symposium, and for honorarium to teach courses and lead seminar sessions.</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Sabbath Time Ministries Inc</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>PO Box 257</AddressLine1>
          <City>Quakertown</City>
          <State>PA</State>
          <ZIPCode>18951</ZIPCode>
        </AddressUS>
        <EINOfRecipient>231457982</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>10204</AmountOfCashGrant>
        <PurposeOfGrant>Sabbath Reading for Preachers retreat sponsorship grant.</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Sunrise Community Church</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>4430 Manchaca Road</AddressLine1>
          <City>Austin</City>
          <State>TX</State>
          <ZIPCode>78745</ZIPCode>
        </AddressUS>
        <EINOfRecipient>311249618</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>7124</AmountOfCashGrant>
        <PurposeOfGrant>Facing Your Future Youth Program excursion site to cover the costs of transporation, room and board for participants to stay at the sponsoring church.</PurposeOfGrant>
      </RecipientTable>
      <RecipientTable>
        <RecipientNameBusiness>
          <BusinessNameLine1>Christ Community Christian Reformed Church</BusinessNameLine1>
        </RecipientNameBusiness>
        <AddressUS>
          <AddressLine1>22100 SW Grahams Ferry Road</AddressLine1>
          <City>Tualatin</City>
          <State>OR</State>
          <ZIPCode>97062</ZIPCode>
        </AddressUS>
        <EINOfRecipient>311290101</EINOfRecipient>
        <IRCSection>501(c)(3)</IRCSection>
        <AmountOfCashGrant>7124</AmountOfCashGrant>
        <PurposeOfGrant>Facing Your Future Youth Program excursion site to cover the costs of transporation, room and board for participants to stay at the sponsoring church. www.crchurchtualatin.com</PurposeOfGrant>
      </RecipientTable>
      <TotalNbrOf501C3AndGovtGrants>6</TotalNbrOf501C3AndGovtGrants>
      <TotalNbrOfOtherOrganizations>0</TotalNbrOfOtherOrganizations>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>Assistance for tuition, housing and living expenses in the form of scholarships and subsidies for students in residence at the Seminary. these awards are deposited directly into the student's tuition account at the Seminary. Forgiveness (of Ministry Incentive Program loans) is applied directly to the student's loan account.</TypeOfGrant>
        <NumberOfRecipients>229</NumberOfRecipients>
        <AmountOfCashGrant>1401177</AmountOfCashGrant>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>The Idema Food Pantry is a unique ministry subsidized by the seminary that offers groceries to needy Seminary students and their families. It is administered by the Student Senate in cooperation with the Dean of Students office and are run by the students and their spouses. (https://calvinseminary.edu/community/food-pantry-and-clothing-bank/) Eligibility guidelines are received from the Michigan Emergency Food Assistance Program. Students and their families may use the Idema Food Pantry if their income is below the income eligibility guidelines.</TypeOfGrant>
        <NumberOfRecipients>278</NumberOfRecipients>
        <MethodOfValuation>Cost less student contributions</MethodOfValuation>
        <DescriptionOfNonCashAssistance>Food is purchased or received from Feeding America West Michigan Food Bank (FAWMFB) and other sources which is made available, free of charge, to students whos income is below the national poverty line. More than 21,000 pounds of food was distributed. The assistance amount is calculated by subtracting the amount received from the student participant contributions from the amount charged by FAWMFB, because other sources do not charge the Seminary.</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIII>
        <TypeOfGrant>The Clothes Closet provides used clothing, shoes and various household items free of charge to all Seminarians and their families. This is especially helpful to students from foreign countries who arrive with a suitcase and no means to furnish an apartment, let alone bed linens and tableware, and to students who are married with children. We depend upon contributions of used items from the local community to fill the shelves, racks and bins. It is administered by the Student Senate in cooperation with the Dean of Students office and is run by the students and their spouses. (https://calvinseminary.edu/community/food-pantry-and-clothing-bank/)</TypeOfGrant>
        <NumberOfRecipients>319</NumberOfRecipients>
        <AmountOfNonCashAssistance>0</AmountOfNonCashAssistance>
        <MethodOfValuation>No cost - these are donated items</MethodOfValuation>
        <DescriptionOfNonCashAssistance>Used clothing, shoes, toys, games, various household items, used table settings, towels, pillows, bed linens, wall decorations, lamps, furniture, books, hand-made quilts, small appliances, used televisions, radios, cell phones, etc.</DescriptionOfNonCashAssistance>
      </Form990ScheduleIPartIII>
      <Form990ScheduleIPartIV>
        <Identifier>SchI_P01_S00_L02</Identifier>
        <ReturnReference>Schedule I, Part I, Line 2</ReturnReference>
        <Explanation>The Center for Excellence in Preaching co-sponsors a Church Connection Initiative through Trinity Christian College in Palos Heights, IL to support continuing education programs, who semi-annually report on the use of funds and which is used to determine eligibility for the following year. The Mentored Ministries Program provides grants to US churches who qualify to sustain a M.Div. or M.A. student for expenses incurred while providing an internship in a church setting - qualification is determined by application, and subsequent to the internship, reports are submitted from the church and from the student to substantiate how the funds were used and the value of the internship experience. Student scholarships are awarded after an application and eligiblity process, utilizing the FAFSA form for establishing financial need and utilizing GPA and recommendations for establishing merit. For awards, competitions or other award qualifications are used to determine eligibility where applicable. The awards and scholarships are posted directly to student tuition accounts.</Explanation>
      </Form990ScheduleIPartIV>
    </IRS990ScheduleI>
    <IRS990ScheduleJ documentId="R000008" softwareId="10000077" softwareVersion="v1.00">
      <TravelForCompanions>X</TravelForCompanions>
      <IdemnificationGrossUpPayments>X</IdemnificationGrossUpPayments>
      <DiscretionarySpendingAccount>X</DiscretionarySpendingAccount>
      <HousingAllowanceOrResidence>X</HousingAllowanceOrResidence>
      <ClubDuesOrFees>X</ClubDuesOrFees>
      <PersonalServices>X</PersonalServices>
      <WrittenPolicyReTAndEExpenses>1</WrittenPolicyReTAndEExpenses>
      <SubstantiationRequired>1</SubstantiationRequired>
      <WrittenEmploymentContract>X</WrittenEmploymentContract>
      <CompensationSurvey>X</CompensationSurvey>
      <BoardOrCommitteeApproval>X</BoardOrCommitteeApproval>
      <SeverancePayment>0</SeverancePayment>
      <SupplementalNonqualRetirePlan>0</SupplementalNonqualRetirePlan>
      <EquityBasedCompArrangement>0</EquityBasedCompArrangement>
      <CompBasedOnRevenueOfFilingOrg>0</CompBasedOnRevenueOfFilingOrg>
      <CompBasedOnRevenueRelatedOrgs>0</CompBasedOnRevenueRelatedOrgs>
      <CompBasedNetEarningsFilingOrg>0</CompBasedNetEarningsFilingOrg>
      <CompBasedNetEarningsRelateOrgs>0</CompBasedNetEarningsRelateOrgs>
      <AnyNonFixedPayments>0</AnyNonFixedPayments>
      <InitialContractException>0</InitialContractException>
      <Form990ScheduleJPartII>
        <NamePerson>Rev Dr Cornelius Plantinga</NamePerson>
        <BaseCompensationFilingOrg>132760</BaseCompensationFilingOrg>
        <CompBasedOnRelatedOrgs>0</CompBasedOnRelatedOrgs>
        <BonusFilingOrg>0</BonusFilingOrg>
        <BonusRelatedOrgs>0</BonusRelatedOrgs>
        <OtherCompensationFilingOrg>16914</OtherCompensationFilingOrg>
        <OtherCompensationRelatedOrgs>0</OtherCompensationRelatedOrgs>
        <DeferredCompFilingOrg>5970</DeferredCompFilingOrg>
        <DeferredCompRelatedOrgs>0</DeferredCompRelatedOrgs>
        <NontaxableBenefitsFilingOrg>10112</NontaxableBenefitsFilingOrg>
        <NontaxableBenefitsRelatedOrgs>0</NontaxableBenefitsRelatedOrgs>
        <TotalCompensationFilingOrg>165756</TotalCompensationFilingOrg>
        <TotalCompensationRelatedOrgs>0</TotalCompensationRelatedOrgs>
        <CompReportPrior990FilingOrg>168701</CompReportPrior990FilingOrg>
        <CompReportPrior990RelatedOrgs>0</CompReportPrior990RelatedOrgs>
      </Form990ScheduleJPartII>
      <Form990ScheduleJPartIII>
        <Identifier>SchJ_P01_S00_L01a</Identifier>
        <ReturnReference>Schedule J, Part I, Line 1a</ReturnReference>
        <Explanation>Employee W-2's are 1) grossed up for some fringe benefits, such as group term life insurance in excess of $50,000 and housing allowances, 2) include the cost of companion travel, 3)reflect the Parsonage residence as pertains to the President, and 4) include all personal portions of services or expenses if unreimbursed.</Explanation>
      </Form990ScheduleJPartIII>
      <Form990ScheduleJPartIII>
        <Identifier>SchJ_P01_S00_L03</Identifier>
        <ReturnReference>Schedule J, Part I, Line 3</ReturnReference>
        <Explanation>The Board of Trustees Chairman, together with the Development and Finance Committee of the Board of Trustees Chariman, annually review the compensation of the President, Vice-Presidents and Chief Financial Officer. The resources utilized include salary surveys compiled by the Association of Theological Schools (ATS is the Seminary's accrediting organization) which provides overall results as well as peer school values (the group of 10 peer schools comprises our stiffest competition in size and value to their respective denominations). The evaluation includes, at least biannually, a performance review solicited from all constituencies of the Seminary.</Explanation>
      </Form990ScheduleJPartIII>
    </IRS990ScheduleJ>
    <IRS990ScheduleM documentId="R000009" softwareId="10000077" softwareVersion="v1.00">
      <SecuritiesPubliclyTraded>
        <NonCashCheckbox>X</NonCashCheckbox>
        <NumberOfContributions>4</NumberOfContributions>
        <NoncashContribsRptdF990>37115</NoncashContribsRptdF990>
        <MethodOfDeterminingRevenues>Market value</MethodOfDeterminingRevenues>
      </SecuritiesPubliclyTraded>
      <NumberOf8283Received>0</NumberOf8283Received>
      <AnyPropertyThatMustBeHeld>0</AnyPropertyThatMustBeHeld>
      <ReviewProcessUnusualNCGifts>1</ReviewProcessUnusualNCGifts>
      <ThirdPartiesUsed>1</ThirdPartiesUsed>
      <Form990ScheduleMPartII>
        <Identifier>SchM_P01_S00_L09</Identifier>
        <ReturnReference>Schedule M, Part I, Line 9</ReturnReference>
        <Explanation>The Seminary received gifts of stock of Johnson Controls, Interoil Corporation, Colgate Palmolive Corporation and Baxter Corporation.</Explanation>
      </Form990ScheduleMPartII>
      <Form990ScheduleMPartII>
        <Identifier>SchM_P01_S00_L32b</Identifier>
        <ReturnReference>Schedule M, Part I, Line 32b</ReturnReference>
        <Explanation>The Seminary uses a brokerage firm to process and sell securities received as gifts.</Explanation>
      </Form990ScheduleMPartII>
    </IRS990ScheduleM>
    <IRS990ScheduleO documentId="R000010" softwareId="10000077" softwareVersion="v1.00">
      <GeneralExplanation>
        <Identifier>F990_P06_S0A_L07b</Identifier>
        <ReturnReference>Form 990, Part VI, Section A, Line 7b</ReturnReference>
        <Explanation>Certain decisions of the Board of Trustees must be approved by the Synod of the Christian Reformed Church in North America.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L11b</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 11b</ReturnReference>
        <Explanation>Members of the Seminary's Audit Committee of the Development and Finance Committee are provided with a preliminary copy of the 990 form in pdf format. Committee members may review, inquire, and revise the return.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L12c</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 12c</ReturnReference>
        <Explanation>Annually, a Trustee must complete a Conflict of Interest (CoI) questionnaire, which outlines the responsibilities of Board members with respect to CoI. Board Members of Calvin Theological Seminary should ordinarily not be engaged in business relationships with the school, be compensated by it for other than expenses incurred with respect to board activities, nor realize any other material benefits from serving on the board. If such CoI should arise, a trustee is expected to excuse himself/herself from board discussion and decisions on such matters.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0B_L15</Identifier>
        <ReturnReference>Form 990, Part VI, Section B, Line 15</ReturnReference>
        <Explanation>The Chairman of the Board of Trustees and the Chairman of the Finance and Development Committee of the Board of Trustees oversee the performance reviews of each of the President, Vice-Presidents and the Chief Financial Officer of the Seminary at least bennially , and review their respective compensation, annually. The results of these studies are reported to the full Board with benchmarks obtained from the Seminary's accrrediting organization, the Association of Theological Schools, which provies both, aggregate comparisons and peer profiles of like organizations.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P06_S0C_L19</Identifier>
        <ReturnReference>Form 990, Part VI, Section C, Line 19</ReturnReference>
        <Explanation>All inquiries of this nature are directed to the Administrative Assistant to the Board of Trustees who provides the information to the individual or entity who made the request. The form 990 is also available on GuideStar.org</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>F990_P11_S00_L05</Identifier>
        <ReturnReference>Form 990, Part XI, Line 5</ReturnReference>
        <Explanation>Gains Change in value of split interest agreements -9,399 plus the gain in market value of investments $5,189,487 for a total change of $5,180,088.</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>SchE_P01_S00_L06</Identifier>
        <ReturnReference>Schedule E, Part I, Line 6</ReturnReference>
        <Explanation>The Seminary distributes subsidized and unsubsidized Stafford loans to our students.</Explanation>
      </GeneralExplanation>
    </IRS990ScheduleO>
    <IRS990ScheduleR documentId="R000011" softwareId="10000077" softwareVersion="v1.00">
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>Christian Reformed Church in North America</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>2850 Kalamazoo</AddressLine1>
          <City>Grand Rapids</City>
          <State>MI</State>
          <ZIPCode>49560</ZIPCode>
        </AddressUS>
        <EIN>382051351</EIN>
        <PrimaryActivities>Church</PrimaryActivities>
        <LegalDomicileState>MI</LegalDomicileState>
        <ExemptCodeSection>Section 501(c)(3)</ExemptCodeSection>
        <PublicCharityStatus>Section 170(b)(1)(A)</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartII>
      <Form990ScheduleRPartII>
        <NameOfDisregardedEntity>
          <BusinessNameLine1>Calvin College</BusinessNameLine1>
        </NameOfDisregardedEntity>
        <AddressUS>
          <AddressLine1>3201 Burton St SE</AddressLine1>
          <City>Grand Rapids</City>
          <State>MI</State>
          <ZIPCode>49546</ZIPCode>
        </AddressUS>
        <EIN>383071514</EIN>
        <PrimaryActivities>School</PrimaryActivities>
        <LegalDomicileState>MI</LegalDomicileState>
        <ExemptCodeSection>501(c)(3)</ExemptCodeSection>
        <PublicCharityStatus>170(b)(1)(A)</PublicCharityStatus>
        <DirectControllingEntityNA>N/A</DirectControllingEntityNA>
      </Form990ScheduleRPartII>
      <ReceiptOfIntAnnRentsRoyalties>0</ReceiptOfIntAnnRentsRoyalties>
      <GiftGrantOrCapContrToOtherOrg>1</GiftGrantOrCapContrToOtherOrg>
      <GiftGrantOrCapContrFrOtherOrg>1</GiftGrantOrCapContrFrOtherOrg>
      <LoansOrGuaranteesToOtherOrg>0</LoansOrGuaranteesToOtherOrg>
      <LoansOrGuaranteesFromOtherOrg>0</LoansOrGuaranteesFromOtherOrg>
      <SaleOfAssetsToOtherOrg>0</SaleOfAssetsToOtherOrg>
      <PurchaseOfAssetsFromOtherOrg>0</PurchaseOfAssetsFromOtherOrg>
      <ExchangeOfAssets>0</ExchangeOfAssets>
      <RentalOfFacilitiesToOtherOrgs>0</RentalOfFacilitiesToOtherOrgs>
      <RentalOfFacilitiesFrOtherOrgs>1</RentalOfFacilitiesFrOtherOrgs>
      <PerformOfServicesForOtherOrgs>0</PerformOfServicesForOtherOrgs>
      <PerformOfServicesByOtherOrgs>0</PerformOfServicesByOtherOrgs>
      <SharingOfFacilities>1</SharingOfFacilities>
      <SharingOfPaidEmployees>1</SharingOfPaidEmployees>
      <ReimbursementPaidToOtherOrg>1</ReimbursementPaidToOtherOrg>
      <ReimbursementPaidByOtherOrg>1</ReimbursementPaidByOtherOrg>
      <OtherTransferToOtherOrg>0</OtherTransferToOtherOrg>
      <OtherTransferFromOtherOrg>0</OtherTransferFromOtherOrg>
      <TransactionsRelatedOrgsTable>
        <NameOfOtherOrganization>
          <BusinessNameLine1>Christian Reformed Church in North America</BusinessNameLine1>
        </NameOfOtherOrganization>
        <TransactionType>c</TransactionType>
        <AmountInvolved>2945006</AmountInvolved>
        <MethodOfAmtDetermination>CTS is the sole Seminary of the Christian Reformed Church, who distributes on a monthy basis, the ministry share collected by each classis.</MethodOfAmtDetermination>
      </TransactionsRelatedOrgsTable>
    </IRS990ScheduleR>
    <ReasonableCauseExplanation documentId="R000012" softwareId="10000077" softwareVersion="v1.00">
      <Explanation>Needed information was not received even though it had been requested.</Explanation>
    </ReasonableCauseExplanation>
  </ReturnData>
</Return>