Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
CDV5 FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)200 MONROE AVENUE NW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GRAND RAPIDS, MI49503
A Employer identification number

38-3035978
B Telephone number (see instructions)

(616) 643-4700
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$72,348,590J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 5,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 427,408 426,999  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,819,350
b Gross sales price for all assets on line 6a 4,867,898
7 Capital gain net income (from Part IV, line 2)... 4,591,158
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment 3,005,602 1,129,897  
12 Total. Add lines 1 through 11........ 10,252,360 6,148,054  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 1,139 0   1,139
b Accounting fees (attach schedule)....... Click to see attachment 705 71   564
c Other professional fees (attach schedule).... Click to see attachment 483,484 193,327   285,641
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 50,000 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 86 0   86
22 Printing and publications.......... 171 0   171
23 Other expenses (attach schedule)....... Click to see attachment 8 0   8
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 535,593 193,398   287,609
25 Contributions, gifts, grants paid....... 7,463,020 7,463,020
26 Total expenses and disbursements. Add lines 24 and 25 7,998,613 193,398   7,750,629
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,253,747
b Net investment income (if negative, enter -0-) 5,954,656
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 9,893,091 4,551,801 4,551,801
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,819,573 Click to see attachment2,121,567 462,535
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 47,881,074 Click to see attachment57,173,244 66,634,254
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment950,000 Click to see attachment700,000 Click to see attachment700,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 62,543,738 64,546,612 72,348,590
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment873 Click to see attachment0
23 Total liabilities (add lines 17 through 22)......... 873 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 62,542,865 64,546,612
29 Total net assets or fund balances (see instructions)..... 62,542,865 64,546,612
30 Total liabilities and net assets/fund balances (see instructions). 62,543,738 64,546,612
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
62,542,865
2
Enter amount from Part I, line 27a .....................
2
2,253,747
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
64,796,612
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
250,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
64,546,612
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a COMMONFUND CAPITAL INTERNATIONAL PARTNERS IV LP P 2008-01-22 2020-02-24
b KELE HOLDINGS INC. P 2015-11-11 2020-05-15
c FROM PARTNERSHIPS - SEE STATEMENT P    
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 1,663   120,347 -118,684
b 4,866,235   2,175,000 2,691,235
c       2,018,607
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -118,684
b       2,691,235
c       2,018,607
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,591,158
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 82,770
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 82,770
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 82,770
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 79,051
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 104,051
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 21,281
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet21,281 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletCDV5FOUNDATION.ORG
    14
    The books are in care ofbulletROBERT H SCHIERBEEK Telephone no.bullet (616) 643-4700

    Located atbullet200 MONROE AVENUE NWGRAND RAPIDSMI ZIP+4bullet49503
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    SUZANNE C DEVOS PRESIDENT/DIRECTOR
    1.00     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    JERRY L TUBERGEN EXECUTIVE VP/DIRECTOR
    0.00     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    ROBERT H SCHIERBEEK VP/COO/TREAS/SEC/DIRECTOR
    0.10     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    JEFFREY S BOWERMAN VP OF TAX/ASSIST. SECRETARY
    0.10     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    DOUGLAS L DEVOS DIRECTOR
    0.00     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    HANNAH J SHUE DIRECTOR
    0.00     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    KATELYN S VANDERWEIDE DIRECTOR
    0.00     		0 0 0
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    RDV CORPORATION MANAGEMENT FEE 296,897
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    OTTAWA AVENUE PRIVATE CAPITAL MANAGEMENT FEE 185,296
    200 MONROE AVENUE NW
    GRAND RAPIDS,MI49503
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    1,475,521
    b
    Average of monthly cash balances.......................
    1b
    640,968
    c
    Fair market value of all other assets (see instructions)................
    1c
    64,676,278
    d
    Total (add lines 1a, b, and c).........................
    1d
    66,792,767
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    66,792,767
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,001,892
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    65,790,875
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,289,544
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,289,544
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    82,770
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    634
    c
    Add lines 2a and 2b............................
    2c
    83,404
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,206,140
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,206,140
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,206,140
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    7,750,629
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    7,750,629
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,750,629
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 3,206,140
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 6,053,729
    b From 2016...... 8,048,041
    c From 2017...... 5,703,474
    d From 2018...... 5,211,084
    e From 2019...... 4,495,304
    fTotal of lines 3a through e........ 29,511,632
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 7,750,629
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 3,206,140
    e Remaining amount distributed out of corpus 4,544,489
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 34,056,121
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		6,053,729
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		28,002,392
    10 Analysis of line 9:
    a Excess from 2016.... 8,048,041
    b Excess from 2017.... 5,703,474
    c Excess from 2018.... 5,211,084
    d Excess from 2019.... 4,495,304
    e Excess from 2020.... 4,544,489
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    SUZANNE C DEVOS
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    SUZANNE C DEVOS
    PO BOX 230257
    GRAND RAPIDS,MI49523
    (616) 643-4700
    bThe form in which applications should be submitted and information and materials they should include:
    DETAILS AVAILABLE AT CDV5FOUNDATION.ORG
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    MORE INFORMATION ON THE FOUNDATION'S FUNDING PRIORITIES IS AVAILABLE AT CDV5FOUNDATION.ORG
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    3-11 YOUTH HOUSING
    320 STATE ST SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    ARTPRIZE GRAND RAPIDS
    41 SHELDON BLVD SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 50,000
    BASE CAMP URBAN OUTREACH
    1675 BALDWIN STREET
    JENISON,MI49428     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 30,000
    BAXTER COMMUNITY CENTER
    935 BAXTER STREET SE
    GRAND RAPIDS,MI49506     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 40,000
    BETHANY CHRISTIAN SERVICES INC
    901 EASTERN AVENUE NE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 260,000
    BLANDFORD NATURE CENTER
    1715 HILLBURN AVE NW
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 12,500
    BRIDGE STREET HOUSE OF PRAYER
    1054 BRIDGE ST NW
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 70,000
    CHICAGO CUBS CHARITIES
    1060 WEST ADDISON STREET
    CHICAGO,IL606134566     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 10,000
    CHILDREN'S ASSESSMENT CENTER
    2855 MICHIGAN ST NE
    GRAND RAPIDS,MI49506     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 40,000
    CHILDREN'S HEALING CENTER
    1530 FULTON STREET EAST
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 50,000
    CHRISTIAN LEARNING CENTER
    4340 BURLINGAME AVE SW
    WYOMING,MI49509     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    COMMUNITY FOOD CLUBS
    1100 DIVISION AVE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 45,000
    COVENANT HOUSE MICHIGAN
    2959 MARTIN LUTHER KING JR BLVD
    DETROIT,MI48208     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    DEGAGE MINISTRIES
    144 DIVISION AVE S
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 60,000
    DWELLING PLACE OF GRAND RAPIDS NONPROFIT HOUSING CORPORATION
    101 SHELDON BLVD SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 200,000
    ENVISION FOUNDATION INC
    610 N MAIN 4TH FLOOR
    WICHITA,KS672033618     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 250,000
    EXALTA HEALTH
    2060 DIVISION AVE S
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 35,000
    FAMILY PROMISE OF GRAND RAPIDS
    516 CHERRY STREET SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 155,000
    FEEDING AMERICA WEST MICHIGAN
    864 WEST RIVER CENTER DRIVE
    COMSTOCK PARK,MI49321     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 50,000
    FII - NATIONAL
    663 13TH ST STE 200
    OAKLAND,CA946121275     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 1,225,000
    FULLER AVE CHRISTIAN REFORMED CHURCH
    1239 FULLER AVE SE
    GRAND RAPIDS,MI49506     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 1,000
    GILDA'S CLUB GRAND RAPIDS
    1806 BRIDGE STREET NW
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 20,000
    GRAND ACTION FOUNDATION 20
    120 LYON STREET NW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    GRAND RAPIDS ART MUSEUM
    101 MONROE CENTER STREET NW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    GRAND RAPIDS CHILDREN'S MUSEUM
    11 SHELDON AVENUE NE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 40,000
    GRAND RAPIDS CHRISTIAN SCHOOLS
    2400 PLYMOUTH AVE SE
    GRAND RAPIDS,MI49506     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 160,000
    GRAND RAPIDS CITY TREASURER
    300 MONROE AVE NW
    GRAND RAPIDS,MI49503     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 50,000
    GRAND RAPIDS COMMUNITY COLLEGE FOUNDATION
    143 BOSTWICK AVENUE NE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 250,000
    GRAND RAPIDS COMMUNITY FOUNDATION
    185 OAKES SW
    GRAND RAPIDS,MI495034219     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 20,000
    GRAND RAPIDS HQ
    320 STATE ST SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    GRAND RAPIDS INITIATIVE FOR LEADERS
    PO BOX 7865
    GRAND RAPIDS,MI49510     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 20,500
    GRAND RAPIDS OPPORTUNITIES FOR WOMEN
    25 SHELDON BLVD SE SUITE 210
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 5,000
    GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION
    111 LIBRARY NE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 175,000
    GRAND RAPIDS SYMPHONY SOCIETY
    300 OTTAWA AVE NW STE 100
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 10,000
    GRAND RAPIDS YOUTH COMMONWEALTH INC
    235 STRAIGHT AVE NW
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 125,000
    GRAND VALLEY STATE UNIVERSITY
    301 FULTON ST W PO BOX 2005
    GRAND RAPIDS,MI495011945     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 200,000
    GRANDVILLE AVENUE ARTS AND HUMANITIES INC
    644 GRANDVILLE AVENUE SW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 30,000
    GREATER GRAND RAPIDS CHAMBER FOUNDATION
    111 PEARL NW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 130,000
    GUIDING LIGHT MISSION INC
    255 S DIVISION AVE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    HEART OF WEST MICHIGAN UNITED WAY
    118 COMMERCE AVENUE SW SUITE 100
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 345,000
    HOME REPAIR SERVICES OF KENT COUNTY INC
    1100 SOUTH DIVISION AVE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 195,000
    HOPE ACADEMY OF WEST MICHIGAN
    240 BROWN ST SE
    GRAND RAPIDS,MI49507     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 78,500
    HOPE COLLEGE
    141 E 12TH STREET
    HOLLAND,MI49423     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 50,000
    INNER CITY CHRISTIAN FEDERATION
    920 CHERRY STREET SE
    GRAND RAPIDS,MI49506     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    INTERNATIONAL JUSTICE MISSION
    PO BOX 58147
    WASHINGTON,DC20037     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 35,000
    KENT COUNTY HABITAT FOR HUMANITY
    425 PLEASANT STREET SW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 300,000
    KENTWOOD PUBLIC SCHOOLS
    5820 EASTERN AVE
    KENTWOOD,MI49508     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 16,000
    KIDS' FOOD BASKET
    1300 PLYMOUTH AVE NE
    GRAND RAPIDS,MI49505     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 150,000
    KIDS HOPE USA INC
    201 W WASHINGTON AVENUE SUITE 020
    ZEELAND,MI49464     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 20,000
    MADISON SQUARE CHRISTIAN REFORMED CHURCH
    1434 MADISON AVE SE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 175,000
    MARY FREE BED REHABILITATION HOSPITAL
    235 WEALTHY ST SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 30,000
    MEL TROTTER MINISTRIES
    225 COMMERCE AVE SW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    MENTAL HEALTH FOUNDATION OF WEST MICHIGAN
    107 OAKES SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 50,000
    MICHIGAN STATE UNIVERSITY OFFICE OF UNIVERSITY DEVELOPMENT
    535 CHESTNUT ROAD SPARTAN WAY
    EAST LANSING,MI488241025     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 12,500
    NEW CITY KIDS INC
    936 ALPINE AVE NW
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    NEW CITY NEIGHBORS
    1115 LEONARD ST NE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 20,000
    NEXT STEP OF WEST MICHIGAN
    100 GARDEN STREET SE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 30,000
    OAKDALE NEIGHBORS
    1260 KALAMAZOO AVE SE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 16,060
    ORLANDO MAGIC YOUTH FOUNDATION INC
    8701 MAITLAND SUMMIT BLVD
    ORLANDO,FL32810     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 90,000
    PARTNERS WORLDWIDE
    6139 TAHOE DRIVE SE
    GRAND RAPIDS,MI49456     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 30,000
    POTTER'S HOUSE
    810 VAN RAALTE DRIVE SW
    GRAND RAPIDS,MI49509     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 90,000
    REGIONAL BAHAI COUNCIL OF MIDWEST
    5847 SAGE RIVER CT SW
    WYOMING,MI494188346     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 960
    REHOBOTH CHRISTIAN SCHOOL ASSOCIATION
    PO BOX 41
    REHOBOTH,NM87322     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 120,000
    ROOSEVELT PARK MINISTRIES INC
    1530 GRANDVILLE AVE SW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 35,000
    SAFE HAVEN MINISTRIES INC
    2627 BIRCHCREST DR SE
    GRAND RAPIDS,MI49506     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 90,000
    SAINT MARY'S FOUNDATION
    200 JEFFERSON SE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 5,000
    SPECTRUM HEALTH FOUNDATION
    100 MICHIGAN NE - MC 4
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 285,000
    STEM GREENHOUSE INC
    1420 BERKSHIRE DR SE
    GRAND RAPIDS,MI49508     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 2,500
    STREAMS OF HOPE
    280 60TH STREET SE
    GRAND RAPIDS,MI49548     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 10,000
    TALL TURF MINISTRIES
    2010 KALAMAZOO AVE SE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 150,000
    THE OTHER WAY MINISTRIES
    839 SIBLEY ST NW
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    THE RONALD MCDONALD HOUSE OF WESTERN MICHIGAN INC
    1323 CEDAR ST NE
    GRAND RAPIDS,MI495031326     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    WAKE FOREST UNIVERSITY
    1834 WAKE FOREST RD
    WINSTON SALEM,NC27109     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    WEDGWOOD CHRISTIAN SERVICES
    3300 36TH STREET SE
    GRAND RAPIDS,MI49512     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 215,000
    WEST MICHIGAN AVIATION ACADEMY FOUNDATION
    5363 44TH ST SE
    GRAND RAPIDS,MI49512     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 350,000
    WEST MICHIGAN AVIATION ACADEMY
    5363 44TH ST SE
    GRAND RAPIDS,MI49512     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 15,000
    WEST MICHIGAN CENTER FOR ARTS AND TECHNOLOGY
    614 FIRST ST NW 300
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 15,000
    WEST MICHIGAN HORTICULTURAL SOCIETY INC
    1000 EAST BELTLINE AVENUE NE
    GRAND RAPIDS,MI49525     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 250,000
    WOMEN'S RESOURCE CENTER
    678 FRONT AVE NW SUITE 180
    GRAND RAPIDS,MI49504     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 20,000
    WYOMING PUBLIC SCHOOLS
    3575 GLADIOLA SW
    WYOMING,MI49519     		NONE GOV UNRESTRICTED GRANT TO GENERAL FUND 2,500
    YOUNG LIFE
    4670 E FULTON ST STE 204
    ADA,MI49301     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 50,000
    ZUNI CHRISTIAN MISSION SCHOOL
    PO BOX 445
    ZUNI,NM87327     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 30,000
    Total .................................bullet 3a 7,463,020
    bApproved for future payment
    GRAND ACTION FOUNDATION 20
    120 LYON STREET NW
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 25,000
    GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION
    111 LIBRARY NE
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 545,000
    MADISON SQUARE CHRISTIAN REFORMED CHURCH
    1434 MADISON AVE SE
    GRAND RAPIDS,MI49507     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 175,000
    SPECTRUM HEALTH FOUNDATION
    100 MICHIGAN NE - MC 4
    GRAND RAPIDS,MI49503     		NONE PC UNRESTRICTED GRANT TO GENERAL FUND 100,000
    Total .................................bullet 3b 845,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities....     14 427,408  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 3,005,602  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 1,819,350  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 5,252,360 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,252,360
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below?
    See instructions.
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2020)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    CDV5 FOUNDATION
     
    Employer identification number

    38-3035978
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    CDV5 FOUNDATION
          		Employer identification number
    38-3035978
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SUZANNE C DEVOS
     
    200 MONROE AVENUE NW
     
    GRAND RAPIDS, MI49503

    		$ 5,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    CDV5 FOUNDATION
          		Employer identification number

    38-3035978
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    CDV5 FOUNDATION
          		Employer identification number

    38-3035978
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 705 71   564

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INNOVATION TECH INVESTORS INC (SERIES A PREFERRED-2020) 476,994 462,535
    INNOVATION TECH INVESTORS INC (SERIES B PREFERRED-2020) 1,644,573 0

    TY 2020 InvestmentsOtherSchedule2
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BDT CAPITAL PARTNERS ANNEX FUND I-A, LP FMV 5,706,291 8,078,170
    FREEDOM CAPITAL MANAGEMENT LP FMV 27,981,239 27,981,240
    SIH MPH ROLLOVER CO. LP FMV 932,472 2,349,750
    BDT RYE HOLDINGS, LLC FMV 3,778,527 3,110,892
    PARTNERS GROUP CLIENT ACCESS 25, LP. INC. FMV 7,514,042 14,116,102
    PRUDENTIAL CAPITAL PARTNERS V, LP FMV 6,037,199 5,964,994
    ROUNDTABLE HEALTHCARE CAPITAL PARTNERS III, LP FMV 2,366,353 1,833,863
    INTERFACE SECURITY SYSTEMS LLC - NOTE RECEIVABLE FMV 2,857,121 2,857,121
    FREEDOM ASSET MANAGEMENT LP II FMV 0 331,783
    FTH NCP GROUP INVESTORS LLC FMV 0 10,339

    TY 2020 LegalFeesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,139 0   1,139


    TY 2020 OtherAssetsSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ICCF - NOTE RECEIVABLE 750,000 500,000 500,000
    ICCF - NOTE RECEIVABLE #2 200,000 200,000 200,000


    TY 2020 OtherDecreasesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Description Amount
    PROGRAM RELATED INVESTMENT FORGIVENESS 250,000


    TY 2020 OtherExpensesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATIONERY/OTHER 8 0   8


    TY 2020 OtherIncomeSchedule2
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM PARTNERSHIPS - PER BOOKS 3,002,518 0 0
    FROM PARTNERSHIPS - SEE STATEMENT 0 1,126,813 0
    OTHER PORTFOLIO INCOME 3,084 3,084 0


    TY 2020 OtherLiabilitiesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Description Beginning of Year - Book Value End of Year - Book Value
    MISC. PAYABLES 873 0


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 482,193 193,327   284,350
    CONSULTING FEES 870 0   870
    BANK/CUSTODIAL FEES 421 0   421


    TY 2020 TaxesSchedule
    Name:
    CDV5 FOUNDATION
    EIN:
    38-3035978
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 50,000 0   0