BETA

WINDFALL FOUNDATION: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
WINDFALL FOUNDATION (EIN 45-3698071)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-11
IRS object ID
202621319349103002
Schema version
2025v4.0
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)
Return2026-05-11T14:07:48-04:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

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 Line1201 W BLUFF STAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP498554313ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN453698071EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE WINDFALL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlWINDBusinessNameControlTxt
Phone9062262543PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1128 WEST SPRING STREETAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49855ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJ STEPHEN MAYSPersonNm
Person TitleDIRECTOR & PRESIDENTPersonTitleTxt
Signature2026-05-07SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonKARA A KATONAPreparerPersonNm
PTINP00726523PTIN
Phone9062283600PhoneNum
Preparation2026-05-07PreparationDt
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,191,435FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,000,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$653InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$653InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$248,475DividendsRevAndExpnssAmt
Dividends Net Invst Incm$248,475DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$211,248NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,144,359GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$211,248CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,460,376TotalRevAndExpnssAmt
Total Net Invst Incm$460,376TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$1,700AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$1,700AccountingFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$61,220OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$61,220OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$10,135TaxesRevAndExpnssAmt
Taxes Net Invst Incm$2,534TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$73,055TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$65,454TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$73,055TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$65,454TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$0TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,387,321ExcessRevenueOverExpensesAmt
Net Investment Income$394,922NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$37,776SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$28,352SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$28,352SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$6,375,350OtherInvestmentsBOYAmt
Other Investments EOY$7,770,184OtherInvestmentsEOYAmt
Other Investments EOYFMV$8,163,083OtherInvestmentsEOYFMVAmt
Total Assets BOY$6,413,126TotalAssetsBOYAmt
Total Assets EOY$7,798,536TotalAssetsEOYAmt
Total Assets EOYFMV$8,191,435TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$6,413,126RetainedEarningBOYAmt
Retained Earning EOY$7,798,536RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$6,413,126TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$7,798,536TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,413,126TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$7,798,536TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,413,126TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,387,321ExcessRevenueOverExpensesAmt
Subtotal$7,800,447SubtotalAmt
Other Decreases$1,911OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$7,798,536TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertySALE OF PUBLICLY TRADED SECURITIESPropertyDesc
How AcquiredPHowAcquiredCd
Gross Sales Price$949,403GrossSalesPriceAmt
Cost Or Other Basis$933,111CostOrOtherBasisAmt
Gain Or Loss$16,292GainOrLossAmt
Gains Minus Excess Or Losses$16,292GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$211,248CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$5,489InvestmentIncomeExciseTaxAmt
Subtotal$5,489SubtotalAmt
Tax Based On Investment Income$5,489TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$4,420EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$4,420TotalPaymentsAndCreditsAmt
Tax Due$1,069TaxDueAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1KENNETH J SEAVOYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone9062262543PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1128 WEST SPRING STREETAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49855ZIPCd
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
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
J STEPHEN MAYS
128 WEST SPRING STREETMARQUETTEMI49855DIRECTOR & P0.25$0$0$0
DIANE B KRIBS-MAYS
128 WEST SPRING STREETMARQUETTEMI49855DIRECTOR & S0.25$0$0$0
KENNETH J SEAVOY
128 WEST SPRING STREETMARQUETTEMI49855DIRECTOR0.25$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$6,886,636AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$73,574AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,960,210TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,960,210AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$104,403CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,855,807NetVlNoncharitableAssetsAmt
Minimum Investment Return$342,790MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$342,790MinimumInvestmentReturnAmt
Tax Based On Investment Income$5,489TaxBasedOnInvestmentIncomeAmt
Total Tax$5,489TotalTaxAmt
Distributable Before Adj$337,301DistributableBeforeAdjAmt
Distributable Before Ded$337,301DistributableBeforeDedAmt
Distributable As Adjusted$337,301DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$0ExpensesAndContributionsAmt
Qualifying Distributions$0QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$337,301DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$29,383ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$1,214ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$30,597TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus$30,597ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$30,597ExcessDistributionCyovAppCYAmt
Undistributed Income CY$306,704UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerJ STEPHEN MAYSContributingManagerNm
Contributing ManagerDIANE B KRIBS-MAYSContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonKARA A KATONARecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1201 WEST BLUFF STREETAddressLine1Txt
CityMARQUETTECityNm
State AbbreviationMIStateAbbreviationCd
ZIP49855ZIPCd
FieldValueIRS element (for citing)
Recipient Phone9062283600RecipientPhoneNum
Form And Info And MaterialsGRANT APPLICATIONS SHOULD BE OBTAINED AND COMPLETED IN ACCORDANCE WITH THE APPLICATION INSTRUCTIONS, TO INCLUDE: (A) APPLICATION COVER SHEET (B) NARRATIVE (1) EXECUTIVE SUMMARY (2) PURPOSE OF GRANT (3) EVALUATION (4) BUDGET (5) ORGANIZATION INFORMATION (C) ATTACHMENTS (1) COPY OF IRS DETERMINATION LETTER INDICATING 401 (C)(3) EXEMPT STATUS (2) LIST OF BOARD OF DIRECTORS (3) BUDGETFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsGRANTS ARE LIMITED TO ORGINAZATIONS THAT HAVE OBTAINED 501(C)(3) STATUS OR THE UNITED STATES OR ANY STATE OR POLITICAL SUBDIVISION OF ANY STATE FOR USE SOLELY FOR PUBLIC PURPOSES.RestrictionsOnAwardsTxt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$653ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$248,475ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$211,248ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$460,376ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$460,376TotalIncomeProducingActyAmt

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJ STEPHEN MAYS AND DIANE BContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 22AddressLine1Txt
CityROCKCityNm
State AbbreviationMIStateAbbreviationCd
ZIP49880ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,000,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryANDREWS HOOPER PAVLIK PLCCategoryTxt
Amt$1,700Amt
Net Investment Income$1,700NetInvestmentIncomeAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (25 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
ABBEY CAPITAL FUTURES STRATEGY FUNDAT COST$169,625$164,684
ALLSPRING SPECIAL MID CAP VALUE FDAT COST$438,802$404,498
AMERICAN BEACON FDSAT COST
AMERICAN FUNDS EUROPACIFIC GROWTH FUAT COST$154,647$164,092
BAIRD FDS INC AGGREGATE BD FDAT COST$914,043$896,866
CAUSEWAY INTL VALUE FD INS SHSAT COST$227,972$253,120
DODGE & COX STOCK FUNDAT COST$261,088$249,295
EATON VANCE GLOBAL MACRO ABSOLUTEAT COST$241,325$245,650
FIDELITY 500 INDEX FUNDAT COST$1,070,597$1,461,701
FIDELITY NEW MKT INC IAT COST$151,167$163,268
GOLDMAN SACHS FINL SQUARE TREAS INSTAT COST$162,209$162,209
HARBOR EMBARK COMMODITY STR INSTLAT COST$322,762$328,079
INVESCO DEVELOPING MARKET FUNDAT COST
JPMORGAN TR I EMERGING MKTS EQUITY LAT COST$141,846$162,871
JPMORGAN TR II CORE BD FDAT COST$776,261$814,414
LAZARD FDS INC EMERGING MKTSAT COST$148,787$164,730
MACQUARIE SMALLCAP CORE FUND CL IAT COST
MFS MID CAP GROWTH FUND-IAT COST$184,425$159,546
MFS SER TR I VALUE FDAT COST$353,792$330,574
MFS SER TR X EMERGING MKRTS DEBT FDAT COST$232,396$244,899
NYLI WINSLOW LARGE CAP GROWTHAT COST$553,828$481,477
PIMCO FDS PAC INVT MGMT SER TOTAL REAT COST$424,927$407,230
PRINCIPAL HIGH YIELD FDAT COST$494,073$487,701
PRINCIPAL MIDCAP FDAT COST$153,403$162,733
T ROWE PRICE INTL FD OVERSEAS STK FDAT COST$192,209$253,446

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescBOOK VS TAX TIMING DIFFERENCE ADJUSTMENTDesc
Amt$1,911Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
WELLS FARGO BANK - INVESTMENT AD$60,862$60,862
ANDREWS HOOPER PAVLIK PLC$358$358

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmt
FOREIGN TAX$2,534$2,534
EXCISE TAX$7,601

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