Form990-PF

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
FWG FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)528 WEST GARFIELD ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROTHBURY, MI49452
A Employer identification number

20-8032599
B Telephone number (see instructions)

(231) 861-5535
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$9,348,431J 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) 1,096,454
2 Check bullet.............
3 Interest on savings and temporary cash investments 731 731 731
4 Dividends and interest from securities... 187,520 187,520 187,520
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 238,137
b Gross sales price for all assets on line 6a 5,670,171
7 Capital gain net income (from Part IV, line 2)... 238,137
8 Net short-term capital gain......... 1,122
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).......      
12 Total. Add lines 1 through 11........ 1,522,842 426,388 189,373
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 778 389   389
c Other professional fees (attach schedule).... Click to see attachment 38,635 38,635    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,236 2,236    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 228     228
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 41,877 41,260   617
25 Contributions, gifts, grants paid....... 710,730 710,730
26 Total expenses and disbursements. Add lines 24 and 25 752,607 41,260   711,347
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 770,235
b Net investment income (if negative, enter -0-) 385,128
c Adjusted net income (if negative, enter -0-)... 189,373
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......... 148,095 322,215 349,378
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)....... 7,245,015 Click to see attachment7,863,870 8,999,053
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)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,393,110 8,186,085 9,348,431
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)    
23 Total liabilities (add lines 17 through 22).........   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........... 7,393,110 8,186,085
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 7,393,110 8,186,085
30 Total liabilities and net assets/fund balances (see instructions). 7,393,110 8,186,085
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
7,393,110
2
Enter amount from Part I, line 27a .....................
2
770,235
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
22,740
4
Add lines 1, 2, and 3 ..........................
4
8,186,085
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
8,186,085
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 14910.537 PUTNAM ULTRA SHORT DURATI P 2020-01-17 2020-02-18
b 7404.544 PIMCO COMMODITIES PLUS STRA P 2020-01-02 2020-10-19
c 1706.254 OAKMARK INTERNATIONAL SMALL P 2014-01-23 2020-10-19
d 1901 VANGUARD INTL FD FTS E DEVELOPE P 2018-03-23 2020-01-02
e 14955.135 PUTNAM ULTRA SHORT DURATI P 2020-01-17 2020-05-26
60155 PIMCO COMMODITIES PLUS STRATEG P 2020-01-02 2020-12-15
.802 OAKMARK INTERNATIONAL FUND ADVI P 2019-02-15 2020-10-19
3931.691 VANGUARD DEVELOPED MARKETS P 2009-04-15 2020-01-02
9920.635 PUTNAM ULTRA SHORT DURATION P 2020-01-17 2020-08-17
2832.436 T ROWE PRICE REAL ESTATE P 2019-01-15 2020-01-16
3743.155 JPMORGAN CORE PLUS BOND FUN P 2018-08-13 2020-05-29
4955.401 PUTNAM ULTRA SHORT DURATION P 2020-01-17 2020-09-01
488.091 RUSSELL INT'L DEVELOPED MARK P 2019-01-15 2020-01-16
21767.258 JPMORGAN CORE PLUS BOND P 2018-08-13 2020-06-24
5261.624 PUTNAM ULTRA SHORT DURATION P 2020-01-17 2020-10-19
2800 SPDR SER TR BLOOMBERG BARCLAYS P 2019-11-26 2020-01-02
325.15 PIMCO INCOME FUND CLASS P 2019-05-28 2020-05-29
21483.551 INVESCO BALANCED RISK P 2019-11-26 2020-01-02
1192.353 TEMPLETON GLOBAL BOND FUND P 2019-10-16 2020-05-29
48.465 PIMCO COMMODITIES PLUS STRATE P 2019-09-12 2020-10-19
269.953 AMERICAN HIGH INCOME TRUST P 2019-12-31 2020-10-19
32544.952 TEMPLETON GLOBAL BOND FUN P 2020-01-02 2020-12-15
3086.73 PRINCIPAL GLOBAL REAL ESTATE P 2018-08-13 2020-01-16
8848.199 THE BOND FUND OF AMERICA P 2019-07-30 2020-05-29
3917 VANGUARD INTL FD FTS P 2019-02-15 2020-01-02
519.351 PRINCIPAL GLOBAL REAL ESTATE P 2018-08-13 2020-10-19
37429.17 FIDELITY ADVISOR STRATEGIC P 2019-12-31 2020-01-02
1380.588 INVESCO OPPENHEIMER DEVELOP P 2018-12-21 2020-01-16
14544.862 T ROWE PRICE REAL ESTATE P 2012-02-10 2020-06-24
583.267 FUNDAMENTAL INVESOTRS CLASS P 2019-02-15 2020-01-02
4398.867 AMERICAN CENTURY EMERGING P 2019-02-15 2020-10-19
16239.119 RUSSELL INT'L DVELOPED MAR P 2012-03-12 2020-01-16
975.376 OAKMARK INTERNATIONAL FUND P 2020-01-02 2020-10-19
347.501 AMERICAN HIGH INCOME TRUST P 2019-09-30 2020-10-19
5074.908 TIAA-CREF CORE BOND FUND P 2018-12-14 2020-05-29
3409 ISHARES TR 1-3 TR EAS BD ETF P 2019-11-26 2020-01-02
22306.153 THE BOND FUND OF AMERICA P 2019-07-30 2020-08-13
3277.558 TIAA-CREF CORE BOND FUND P 2018-12-14 2020-08-13
741 ISHARES TR S&P SMALL CAP 600 P 2019-11-26 2020-01-02
1974464 FIDELITY ADVISOR TOTAL BOND P 2017-09-21 2020-05-29
121.345 TEMPLETON GLOBAL BOND FUND P 2019-05-28 2020-05-29
16009.984 JPMORGAN CORE PLUS BOND F P 2019-07-30 2020-06-24
7304.722 FUNDAMENTAL INVESTORS CLASS P 2013-04-29 2020-01-02
154.046 TEMPLETON GLOBAL BOND FUND P 2019-12-14 2020-12-15
1030.621 PIMCO INCOME FUND P 2019-09-30 2020-05-29
1675.052 THE GROWTH FUND OF AMERICA P 2017-02-27 2020-10-19
1510.652 VANGUARD DEVELOPED MARKETS P 2012-12-20 2020-01-02
(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 150,000   149,851 149
b 31,988   36,857 -4,869
c 24,553   25,804 -1,251
d 84,141   83,526 615
e 150,000   150,295 -295
287,541   299,430 -11,889
17   19 -2
55,976   33,871 22,105
100,000   99,700 300
73,726   72,947 779
32,266   30,700 1,566
50,000   49,801 199
18,220   18,220  
189,810   178,528 11,282
53,090   52,878 212
307,460   303,278 4,182
3,690   3,912 -222
138,999   136,633 2,366
11,924   12,470 -546
209   241 -32
2,629   2,718 -89
316,662   331,836 -15,174
32,565   30,499 2,066
122,813   116,167 6,646
173,372   163,216 10,156
4,643   5,014 -371
467,490   468,245 -755
64,791   51,772 13,019
378,590   374,628 3,962
36,507   31,090 5,417
58,241   48,389 9,852
606,206   606,206  
20,063   22,914 -2,851
3,385   3,498 -113
55,215   51,771 3,444
288,541   289,064 -523
315,409   292,928 22,481
36,512   33,447 3,065
118,135   117,242 893
22,114   21,219 895
1,213   1,269 -56
139,607   131,309 8,298
457,203   389,368 67,835
1,499   1,573 -74
11,698   12,403 -705
104,272   76,139 28,133
21,508   19,149 2,359
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       149
b       -4,869
c       -1,251
d       615
e       -295
      -11,889
      -2
      22,105
      300
      779
      1,566
      199
       
      11,282
      212
      4,182
      -222
      2,366
      -546
      -32
      -89
      -15,174
      2,066
      6,646
      10,156
      -371
      -755
      13,019
      3,962
      5,417
      9,852
       
      -2,851
      -113
      3,444
      -523
      22,481
      3,065
      893
      895
      -56
      8,298
      67,835
      -74
      -705
      28,133
      2,359
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 2 238,137
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 1,122
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 5,353
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  
3 Add lines 1 and 2........................... 3 5,353
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 5,353
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 4,144
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 3,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 7,144
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 1,791
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet1,791 RefundedBullet 11  
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
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 addressbulletN/A
    14
    The books are in care ofbulletWENDY L GRICE Telephone no.bullet (231) 861-5535

    Located atbullet528 WEST GARFIELD ROAD528 WEST GARFIELD ROADROTHBURYMI ZIP+4bullet49452
    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
     
     
    ........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
     
     
    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
    FREDERICK F GRICE JR PRESIDENT
    2.00     		0 0 0
    528 WEST GARFIELD ROAD
    528 WEST GARFIELD ROAD
    ROTHBURY,MI49452
    WENDY L GRICE VP AND SEC T
    2.00     		0 0 0
    528 WEST GARFIELD ROAD
    528 WEST GARFIELD ROAD
    ROTHBURY,MI49452
    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  
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    7,983,875
    b
    Average of monthly cash balances.......................
    1b
    278,782
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    8,262,657
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    8,262,657
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    123,940
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    8,138,717
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    406,936
    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
    406,936
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    5,353
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    5,353
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    401,583
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    401,583
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    401,583
    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
    711,347
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
    711,347
    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
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    711,347
    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 7 401,583
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 66,120
    b From 2016...... 103,781
    c From 2017...... 129,612
    d From 2018...... 220,298
    e From 2019...... 237,556
    fTotal of lines 3a through e........ 757,367
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 711,347
    a Applied to 2019, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 401,583
    e Remaining amount distributed out of corpus 309,764
    5 Excess distributions carryover applied to 2020.    
    (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 1,067,131
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		66,120
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,001,011
    10 Analysis of line 9:
    a Excess from 2016.... 103,781
    b Excess from 2017.... 129,612
    c Excess from 2018.... 220,298
    d Excess from 2019.... 237,556
    e Excess from 2020.... 309,764
    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).)
    FREDERICK AND WENDY GRICE
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    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
    A21 CAMPAIGN INC
    2781 W MACARTHUR BLVD
    STE B 605
    SANTA ANA,CA92704     		  501(C)(3) GENERAL FUND 5,500
    ALIVE ON THE LAKESHORE
    2375 E APPLE AVE
    MUSKEGON,MI49442     		  501(C)(3) GENERAL FUND 20,000
    AMERICAN CENTER FOR LAW &
    PO BOX 90555
    WASHINGTON,DC20090     		  501(C)(3) GENERAL FUND 12,000
    AMERICAN FAMILY ASSOCIATION
    PO DRAWER 2440
    TUPELO,MS38803     		  501(C)(3) GENERAL FUND 9,500
    BIG LIFE
    PO BOX 110431
    NAPLES,FL34108     		  501(C)(3) GENERAL FUND 4,000
    CHRISTIAN HEALTHCARE CENTERS
    3322 BELTLINE CT NE
    GRAND RAPIDS,MI49525     		  501(C)(3) GENERAL FUND 15,000
    CRANHILL RANCH
    14444 17-MILE RD
    RODNEY,MI49342     		  501(C)(3) GENERAL FUND 4,000
    DISCOVERING THE JEWISH JESUS
    PO BOX 777
    BLISSFIELD,MI49228     		  501(C)3 GENERAL FUND 4,000
    EAGLE VILLAGE
    4507 170TH AVE
    HERSEY,MI49639     		  501(C)(3) GENERAL FUND 11,000
    FAMILY LIFE
    5800 RANCH DRIVE
    LITTLE ROCK,AR72223     		  501(C)(3) GENERAL FUND 17,000
    FAMILY POLICY FDTN
    8655 EXPLORER DRIVE
    COLORADO SPRINGS,CO80920     		  501(C)3 GENERAL FUND 4,500
    FAMILY RESEARCH COUNCIL
    801 G STREET NW
    WASHINGTON,DC20001     		  501(C)3 GENERAL FUND 4,500
    FELLOWSHIP OF CHRISTIAN FARMERS
    PO BOX 15
    LEXINGTON,IL61753     		  501(C)(3) GENERAL FUND 4,000
    FOCUS ON THE FAMILY
    8605 EXPLORER DRIVE
    COLORADO SPRINGS,CO80920     		  PUBLIC GENERAL FUND 16,000
    GENESIS COMMUNITY CHURCH
    PO BOX 334
    FRUITPORT,MI49415     		  501(C)(3) GENERAL FUND 10,000
    GIDEON INTERNATIONAL
    PO BOX 172
    PENTWATER,MI49449     		  501(C)(3) GENERAL FUND 4,500
    GLOBAL PARTNERS
    PO BOX 50434
    INDIANAPOLIS,IN46250     		  501(C)(3) GENERAL FUND 12,000
    GRACE EXPLORATIONS
    PO BOX 888782
    GRAND RAPIDS,MI49588     		  501(C0(3) GENERAL FUND 4,000
    GRACE ADVENTURES YOUTH CAMP
    2100 N RIDGE RD
    MEARS,MI49436     		  501(C)(3) GENERAL FUND 8,000
    GUIDING LIGHT MINISTRIES
    PO BOX 1703
    GRAND RAPIDS,MI49501     		  501(C)(3) GENERAL FUND 7,000
    HERITAGE FOUNDATION
    214 MASSACHUSETTS AVE NE
    WASHINGTON,DC20002     		  501(C)(3) GENERAL FUND 13,000
    IN TOUCH
    PO BOX 7900
    ATLANTA,GA30357     		  501(C)3 GENERAL FUND 9,000
    INSIGHT FOR LIVING
    PO BOX 5000
    FRISCO,TX75034     		  501(C)(3) GENERAL FUND 9,000
    INSIGHT PREGNANCY
    1007 W MAIN ST
    FREMONT,MI49412     		  501(C)(3) GENERAL FUND 4,000
    INTERNATIONAL FELLOWSHIP OF CHRISTI
    PO BOX 96105
    WASHINGTON,DC20090     		  501(C)(3) GENERAL FUND 18,000
    JEWS FOR JESUS
    60 HAIGHT STREET
    SAN FRANSISCO,CA94102     		  501(C)(3) GENERAL FUND 22,000
    JOYCE MEYERS MINISTRIES
    PO BOX 570
    FENTON,MO63026     		  501(C)(3) GENERAL FUND 4,000
    KEYS FOR KIDS
    PO BOX 1001
    GRAND RAPIDS,MI49501     		  501(C)(3) GENERAL FUND 5,000
    KINSHIP UNITED
    5105 TOLLVIEW DR STE 155
    ROLLING MEADOWS,IL60008     		  501 (C)(3) GENERAL FUND 4,000
    LAGRANGE BAPTIST CHURCH
    1370 N SR 9
    LA GRANGE,IN46761     		  501(C)(3) GENERAL FUND 5,000
    LEADERSHIP INSTITUTE
    1101 N HIGHLAND ST
    ARLINGTON,VA22201     		  501(C)(3) GENERAL FUND 44,000
    LIBERTY COUNSEL
    PO BOX 540774
    ORLANDO,FL32854     		  501(C)(3) GENERAL FUND 13,000
    LIFE OUTREACH
    PO BOX 98200
    NORTH RICHLAND HILLS,TX76182     		  501(C)(3) GENERAL FUND 9,000
    LIVING ON THE EDGE
    PO BOX 3007
    SUWANEE,GA30024     		  501(C)(3) GENERAL FUND 32,000
    MEALS ON WHEELS
    560 SEMINOLE ROAD
    MUSKEGON,MI49444     		  501(C)(3) GENERAL FUND 3,500
    MEL TROTTER
    225 COMMERCE SW
    GRAND RAPIDS,MI49503     		  501(C)(3) GENERAL FUND 14,000
    MENNONITE HOME COMMUNITIES
    410 W ELM ST
    BLUFTON,OH45817     		  501(C)(3) GENERAL FUND 3,750
    MERCY CHEFS
    711 WASHINGTON ST
    PORTSMOUTH,VA23704     		  501(C)(3) GENERAL FUND 4,000
    MOODY BIBLE INSTITUTE
    820 N LASALLE BLVD
    CHICAGO,IL60610     		  501(C)(3) GENERAL FUND 22,000
    MUSKEGON PREGNANCY SERVICES
    175 WELLS AVE
    MUSKEGON,MI49442     		  501(C)(3) GENERAL FUND 1,200
    MUSKEGON RESCUE MISSION
    1961 PECK ST
    MUSKEGON,MI49441     		  501(C)(3) GENERAL FUND 14,000
    NAVIGATORS
    PO BOX 6079
    ALBERT LEA,MN560076679     		  501(C)(3) GENERAL FUND 13,000
    NEW ERA CHRISTIAN REFORMED
    1820 RAY
    NEW ERA,MI49446     		  501(C)(3) GENERAL FUND 500
    NEW ERA CHRISTIAN SCHOOL
    1901 OAK AVE
    NEW ERA,MI49446     		  RELIGIOUS GENERAL FUND 48,780
    NEWMAN CHRISTIAN REFORMED
    4075 S 132ND AVE
    HESPERIA,MI49421     		  501(C)(3) GENERAL FUND 50,000
    NOVO
    1240 N LAKEVIEW AVE 120
    ANAHEIM,CA92807     		  501(C)(3) GENERAL FUND 4,000
    OASIS OF HOPE
    522 LEONARD ST NW
    GRAND RAPIDS,MI49504     		  501(C)(3) GENERAL FUND 4,000
    OCEANA CHRISTIAN SCHOOL
    3258 N 72ND AVE
    HART,MI49420     		  501(C)(3) GENERAL FUND 13,000
    OCEANA COUNTY COMMUNITY FDTN
    PO BOX 902
    PENTWATER,MI49449     		  501(C)(3) GENEAL FUND 10,000
    PURE LIFE MINISTRIES
    14 SCHOOL ST
    DRY RIDGE,KY41035     		  501(C)(3) GENERAL FUND 8,000
    REACH A VILLAGE
    PO BOX 577
    PARK FOREST,IL60466     		  51(C)(3) GENERAL FUND 3,500
    REAL LIFE - FERRIS STATE UNIVERSITY
    PO BOX 1001
    BIG RAPIDS,MI49307     		  501(C)(3) GENERAL FUND 2,000
    RUN MINISTRIES
    PO BOX 6543
    VIRGINIA BEACH,VA23456     		  501(C)(3) GENERAL FUND 4,000
    SAMARITAN'S PURSE
    PO BOX 3000
    BOONE,NC28607     		  501(C)(3) GENERAL FUND 16,000
    SEED COMPANY
    220 WESTWAY PLACE STE 100
    ARLINGTON,TX76018     		  501(C)(3) GENERAL FUND 4,000
    SHORELINE CEF
    198 N MICHIGAN PO BOX 283
    SHELBY,MI49455     		  501(C)(3) GENERAL FUND 4,000
    SMILE FM
    PO BOX 88
    ATTICA,MI48412     		  501(C)(3) GENERAL FUND 12,000
    TRINITY LUTHERAN SCHOOL
    1401 HARDING STREET
    CONKLIN,MI49403     		  501(C)(3) GENERAL FUND 9,000
    TRUTH FOR LIFE
    PO BOX 398000
    SOLON,OH44139     		  501(C)(3) GENERAL FUND 9,000
    TURNING POINT
    PO BOX 3838
    SAN DIEGO,CA92163     		  501(C)(3) GENERAL FUND 9,000
    TTGW
    PO BOX 249
    BRIDGEPORT,MI48722     		  501(C)(3) GENERAL FUND 4,000
    UNITED METHODIST RETIREMENT
    805 W MIDDLE STREET
    CHELSEA,MI48118     		  501(C)(3) GENERAL FUND 1,000
    WALLBUILDERS PRESENTATIONS LLC
    PO BOX 397
    ALEDO,TX76008     		  501(C)(3) GENERAL FUND 13,000
    WAYNESTOCK
    119 N WAYNE ST
    SAINT MARYS,OH45885     		  501(C)(3) GENERAL FUND 1,000
    WCSG CORNERSTONE UNIVERSITY RADIO
    1001 E BELTLINE AVE NE
    GRAND RAPIDS,MI49525     		  501(C)(3) GENERAL FUND 13,000
    WESTERN MICHIGAN CHRISTIAN SCHOOL
    455 E ELLIS RD
    MUSKEGON,MI49441     		  501(C)(3) GENERAL FUND 4,000
    WESTERN MICHIGAN TEEN CHALLENGE
    440 PONTALUNA RD
    MUSKEGON,MI49444     		  501(C)(3) GENERAL FUND 9,000
    WISDOM HUNTERS
    PO BOX 732
    ROSWELL,GA30077     		  501(C)(3) GENERAL FUND 3,000
    WYCLIFFE ASSOCIATES BIBLE TRANSL
    PO BOX 620143
    ORLANDO,FL32862     		  501(C)(3) GENERAL FUND 2,000
    WYCLIFFE BIBLE TRANSLATORS
    PO BOX 628200
    ORLANDO,FL32862     		  501(C)(3) GENERAL FUND 7,000
    Total .................................bullet 3a 710,730
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 731  
    4 Dividends and interest from securities....     14 187,520  
    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.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    14 238,137  
    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)..   426,388  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    426,388
    (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
    FWG FOUNDATION
     
    Employer identification number

    20-8032599
    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
    FWG FOUNDATION
          		Employer identification number
    20-8032599
    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
    FREDERICK WENDY GRICE
    528 WEST GARFIELD ROAD
     
    ROTHBURY, MI49452

    		$ 1,071,454


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JONATHAN A RENEE GRICE
    5430 E 44TH ST
     
    NEWAYGO, MI49337

    		$ 20,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    BRENT REBEKAH DESARMO
    1064 E M-20
     
    SHELBY, MI49445

    		$ 5,000


    (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.)
    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
    FWG FOUNDATION
          		Employer identification number

    20-8032599
    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
    1
    		 17,377.298 SHS T ROWE REAL EST. $ 446,249 2020-01-13
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 16,727.211 SHS RUSSELL INT'L DEV $ 624,427 2020-01-13
    (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
    FWG FOUNDATION
          		Employer identification number

    20-8032599
    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:
    FWG FOUNDATION
    EIN:
    20-8032599
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BAKER HOLTZ P.C. 778 389   389

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    FWG FOUNDATION
    EIN:
    20-8032599
    Name of Stock End of Year Book Value End of Year Fair Market Value
    CORPORATE STOCK 7,863,870 8,999,053

    TY 2020 OtherExpensesSchedule
    Name:
    FWG FOUNDATION
    EIN:
    20-8032599
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    STATE REGISTRATION 20     20
    MISCELLANEOUS 208     208


    TY 2020 OtherIncreasesSchedule
    Name:
    FWG FOUNDATION
    EIN:
    20-8032599
    Description Amount
    NON DIVIDEND DISTRIBUTIONS 22,740


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FWG FOUNDATION
    EIN:
    20-8032599
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 38,635 38,635    


    TY 2020 TaxesSchedule
    Name:
    FWG FOUNDATION
    EIN:
    20-8032599
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 400 2,236 2,236