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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
DOW COMPANY FOUNDATION
 
% THE DOW CHEMICAL COMPANY
Number and street (or P.O. box number if mail is not delivered to street address)1 East Main Street Tax Department
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Bay City, MI48708
A Employer identification number

38-2314603
B Telephone number (see instructions)

(989) 636-8780
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$175,531,548J 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) 110,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 10,854 10,854  
4 Dividends and interest from securities... 478,845 478,845  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)...  
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).......      
12 Total. Add lines 1 through 11........ 110,489,699 489,699  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 2,974      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule).......        
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,974 0   0
25 Contributions, gifts, grants paid....... 17,314,371 17,314,371
26 Total expenses and disbursements. Add lines 24 and 25 17,317,345 0   17,314,371
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 93,172,354
b Net investment income (if negative, enter -0-) 489,699
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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......... 80,201,577 155,030,998 155,030,998
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)....... 0 Click to see attachment20,500,550 20,500,550
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) 80,201,577 175,531,548 175,531,548
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 139,500 10,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)...... 1,799,344 4,064,757
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 1,938,844 4,074,757
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 78,262,733 171,456,791
29 Total net assets or fund balances (see instructions)..... 78,262,733 171,456,791
30 Total liabilities and net assets/fund balances (see instructions). 80,201,577 175,531,548
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
78,262,733
2
Enter amount from Part I, line 27a .....................
2
93,172,354
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
21,704
4
Add lines 1, 2, and 3 ..........................
4
171,456,791
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
171,456,791
Form 990-PF (2021)
Form 990-PF (2021)
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.)
1a
b
c
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
b
c
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
b
c
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  
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 6,807
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 6,807
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a  
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 0
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 6,807
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
Part VI-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 XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bullet
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 ofbulletTHE DOW CHEMICAL COMPANY Telephone no.bullet

    Located atbullet1 EAST MAIN STREET TAX DEPTBAY CITYMI ZIP+4bullet48708
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
     
     
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    REBECCA BENTLEY DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    NEIL CARR DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    KAREN CARTER DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    JAVIER CONSTANTE DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    DON SHEETS DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    A SREERAM DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    HOWARD UNGERLEIDER DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    NANCY LAMB PRESIDENT
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    KAREN WHITTER SECRETARY
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    KRISTEN BOVID EXECUTIVE DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    MATT METCALF DIRECTOR
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    John Blaha TREASURER
    1.0     		0 0 0
    2211 HH DOW WAY
    MIDLAND,MI48764
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-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 VIII-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.........................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    853,285
    b
    Average of monthly cash balances.......................
    1b
    119,913,872
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    120,767,157
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    120,767,157
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,811,507
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    118,955,650
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    5,947,783
    Part X
    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 IX, line 6..................
    1
    5,947,783
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    6,807
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    6,807
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,940,976
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,940,976
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    5,940,976
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 5,940,976
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 23,213,304
    b From 2017...... 20,174,242
    c From 2018...... 18,877,878
    d From 2019...... 16,769,410
    e From 2020...... 16,106,848
    f Total of lines 3a through e ........ 95,141,682
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 17,314,371
    a Applied to 2020, 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 2021 distributable amount..... 5,940,976
    e Remaining amount distributed out of corpus 11,373,395
    5 Excess distributions carryover applied to 2021.    
    (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 5 106,515,077
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		23,213,304
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		83,301,773
    10 Analysis of line 9:
    a Excess from 2017.... 20,174,242
    b Excess from 2018.... 18,877,878
    c Excess from 2019.... 16,769,410
    d Excess from 2020.... 16,106,848
    e Excess from 2021.... 11,373,395
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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).)
    NONE
    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.
    NONE
    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:
    Bob Plishka
    The Dow Chemical Company
    Midland,MI48674
    (989) 638-2288
    bThe form in which applications should be submitted and information and materials they should include:
    Written request
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Education - K-12, Education - Higher Education, and Community Wellbeing
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    211 NORTHEAST MICHIGAN
    2007 AUSTIN ST STE U
    MIDLAND,MI486426182     		NONE PC Community Wellbeing 25,000
    A NIGHT IN THE SPOTLIGHT INC
    224 MYSTERY HARBOR LN
    FREEPORT,TX775413875     		NONE PC Community Wellbeing 2,000
    AARP FOUNDATION
    601 E ST NW
    WASHINGTON,DC200490001     		NONE PC Community Wellbeing 10,000
    ADVOCATES FOR BARTOWS
    49 MONROE XING SE
    CARTERVILLE,GA301206602     		NONE PC Community Wellbeing 1,000
    ALPHA CHI SIGMA FRATERNITY
    6296 RUCKER RD STE B
    INDIANAPOLIS,IN462204852     		NONE PC Higher Education 1,000
    AMERICAN HEART ASSOCIATION
    7272 GRENVILLE AVE
    DALLAS,TX752315129     		NONE PC Community Wellbeing 15,000
    AMERICAN NATIONAL RED CROSS
    431 18TH ST NW
    WASHINGTON,DC200065310     		NONE PC Community Wellbeing 21,700
    ANGLETON ISD EDUCATION
    1900 N DOWNING RD
    ANGLETON,TX775153706     		NONE GOV Education - K-12 20,000
    ASCEND FOUNDATION INC
    160 BROADWAY 6TH FLOOR E BLDG
    NEW YORK,NY100384217     		NONE PC Community Wellbeing 20,000
    BATON ROUGE GREEN ASSOCIATION
    439 NORTH 11TH ST
    BATON ROUGE,LA708024608     		NONE PC Community Wellbeing 15,600
    BAY AREA COMMUNITY FOUNDATION
    1000 ADAMS ST STE 200
    BAY CITY,MI487085812     		NONE PC Community Wellbeing 50,000
    BLODGETT URBAN GARDENS
    3216 BLODGETT ST
    HOUSTON,TX770045442     		NONE PC Community Wellbeing 10,000
    BOYS & GIRLS CLUB OF BAY
    300 LAFAYETTE AVE
    BAY CITY,MI487064093     		NONE PC Community Wellbeing 15,000
    BOYS & GIRLS CLUBS OF THE
    967 IRWIN ST
    KNOXVILLE,TN379170001     		NONE PC Community wellbeing 34,500
    BRAZOSPORT CARES INC
    916 N GULF BLVD
    FREEPORT,TX775413908     		NONE PC Community Wellbeing 5,000
    BRAZOSPORT INDEPENDENT SCHOOL
    301 W BRAZOSWOOD DR
    CLUTE,TX775313520     		NONE PC Education - K-12 149,126
    BRISTOL BOROUGH SCHOOL
    1776 FARRAGUT AVE
    BRISTOL,PA190075604     		NONE GOV Education - K-12 20,000
    BRISTOL TOWNSHIP SD
    6401 MILL CREEK RD
    LEVITTOWN,PA190573105     		NONE PC Community Wellbeing 10,000
    BRUSLY UPPER ELEMENTARY SCHOOL
    601 N KIRKLAND DR
    BRUSLY,LA707192252     		NONE GOV Education - 4-5 6,071
    BULLOCK CREEK SCHOOLS
    644 S BADOUR RD
    MIDLAND,MI486408658     		NONE GOV Education - K-12 10,000
    CALIFORNIA INSTITUTE OF TECHNO
    1200 E CALIFORNIA BLVD
    PASADENA,CA911258400     		NONE PC Higher Education 1,000,000
    CAPITAL AREA UNITED WAY
    700 LAUREL ST
    BATON ROUGE,LA708025634     		NONE PC Community Wellbeing 165,000
    CARROLL COUNTY HIGH SCHOOL
    1706 HIGHLAND AVE
    CARROLLTON,KY410088775     		NONE GOV Education - 9-12 3,000
    CARROLL COUNTY PUBLIC LIBRARY
    136 COURT ST
    CARROLLTON,KY410081011     		NONE GOV Community Wellbeing 2,000
    CARROLL COUNTY ROTARY
    122 6TH ST
    CARROLLTON,KY410081009     		NONE PC Community Wellbeing 6,500
    CCMH CORPORATION
    309 11TH ST
    CARROLLTON,KY410081435     		NONE PC Community wellbeing 51,000
    CENTRAL KENTUCKY COMMUNITY
    200 JIM OWEN DR
    ELIZABETHTOWN,KY427014102     		NONE PC Community Wellbeing 43,000
    CGLR FOUNDATION
    11075 EAST BLVD ROOM 25A
    CLEVELAND,OH441065409     		NONE PC Community Wellbeing 50,000
    CHARITIES AID FOUNDATION
    225 REINEKERS LN STE 375
    ALEXANDRIA,VA223142848     		NONE PC Community Wellbeing 2,094,928
    CHEMICAL EDUCATIONAL
    1560 WILSON BLVD STE 1100
    ARLINGTON,VA222092442     		NONE PC Community Wellbeing 75,000
    CHIPPEWA NATURE CENTER INC
    400 S BADOUR RD
    MIDLAND,MI486408660     		NONE PC Community Wellbeing 10,000
    CHRISTMAS GALA
    1228 RADCLIFFE ST
    BRISTOL,PA190075328     		NONE PC Community Wellbeing 10,000
    CITY OF ORANGE
    803 GREEN AVE
    ORANGE,TX776305615     		NONE GOV Community Wellbeing 45,000
    CITY OF PLAQUEMINE
    23540 RAILROAD AVE
    PLAQUEMINE,LA707642720     		NONE GOV Community Wellbeing 1,500
    CITY OF SOUTH CHARLESTON
    238 4TH AVE
    SOUTH CHARLESTON,WV253031539     		NONE GOV Community Wellbeing 9,960
    CIVIL AIR PATROL
    105 S HANSELL ST
    MAXWELL AFB,AL361125937     		NONE PC Community Wellbeing 3,000
    CLAY CENTER FOR THE ARTS &
    1 CLAY SQ
    CHARLESTON,WV253012424     		NONE PC Community Wellbeing 5,000
    CLEVELAND MANOR INC
    2200 CLEVELAND AVE
    MIDLAND,MI486405597     		NONE PC Community Wellbeing 50,000
    COMMUNITY CATHOLIC CENTER INC
    PO Box 11065
    LOUISVILLE,KY402510065     		NONE PC Community Wellbeing 3,000
    COMMUNITY FOUNDATION OF BRAZORIA COUNTY
    104 W MYRTLE STE 204
    ANGLETON,TX775154481     		NONE PC Community Wellbeing 25,000
    CONGRESSIONAL BLACK CAUCUS
    1720 MASSACHUSETTS AVE NW
    WASHINGTON,DC200361903     		NONE PC Community Wellbeing 200,000
    CONSCIOUS KID
    9226 REGENTS RD APT L
    LA JOLLA,CA920371434     		NONE PC Community Wellbeing 17,500
    COUNSELING CONNECTIONS FOR
    2225 COUNTY ROAD 90 STE 201F
    PEARLAND,TX775845133     		NONE PC Community Wellbeing 5,000
    COVENANT HOUSE TEXAS
    1111 LOVETT BLVD
    HOUSTON,TX770063823     		NONE PC Community Wellbeing 10,000
    DAILY BREAD COMMUNITY
    PO Box 131
    SCHWENKVILLE,PA194730131     		NONE PC Community Wellbeing 10,000
    DANBURY ISD EUDUCATION
    5611 PANTHER DR
    DANBURY,TX775344102     		NONE PC Community Wellbeing 10,000
    DARE TO CARE INC
    5803 FERN VALLEY RD
    LOUISVILLE,KY402281051     		NONE PC Community Wellbeing 8,250
    DEER PARK EDUCATION
    2800 TEXAS AVE
    DEER PARK,TX775364797     		NONE PC Community Wellbeing 5,000
    DENHAM SPRINGS HIGH SCHOOL
    1000 N RANGE AVE
    DEHAM SPRINGS,LA707262408     		NONE GOV Education - K-12 7,000
    DEVEREUX FOUNDATION
    1291 STANLEY RD NW
    KENNESAW,GA301524359     		NONE PC Community Wellbeing 1,000
    DONORSCHOOSE ORG
    134 W 37TH STREET FL 11
    NEW YORK,NY100186938     		NONE PC Community Wellbeing 125,000
    DOUGLAS MANSHIP SR THEATER
    100 LAFAYETTE ST
    BATON ROUGE,LA708011201     		NONE PC Community Wellbeing 5,000
    DOW MS150 TEAM
    342 TIMBERCREEK
    LAKE JACKSON,TX775664925     		NONE PC Community Wellbeing 1,000
    DRUG FREE NOBLE COUNTY INC
    2090 N STATE RD 9 STE E
    ALBION,IN467019577     		NONE PC Community Wellbeing 10,000
    EAST TENNESSEE CHILDRENS
    2018 W CLINCH AVE
    KNOXVILLE,TN379012301     		NONE PC Community Wellbeing 4,000
    ELK GROVE UNITED PRESBYTERIAN
    600 E ELK GROVE BLVD
    ELK GROVE VILLAGE,IL600074473     		NONE PC Community Wellbeing 2,000
    EPSILON GAMMA IOTA INC
    8916 CAMAY DR
    HOUSTON,TX770165406     		NONE PC Community Wellbeing 10,000
    EVERY WOMAN WORKS INC
    1215 HIGHTOWER TRL BLDG D STE 101
    ATLANTA,GA303506244     		NONE PC Community Wellbeing 2,000
    FIRST OF THE GREAT LAKES BAY
    2900 DAUER ST
    MIDLAND,MI486405048     		NONE PC Community Wellbeing 25,000
    FLORIDA AGRICULTURAL AND MECHANICAL
    625 E TENNESSEE ST STE 100
    TALLAHASSEE,FL323084933     		NONE PC Community Wellbeing 110,000
    FOREVER PARKS FOUNDATION
    4141 BAILEY RD
    PEARLAND,TX775846047     		NONE PC Community Wellbeing 5,000
    FORT SANDERS FOUNDATION
    1420 CENTERPOINT BLVD BLDG C
    KNOXVILLE,TN379321960     		NONE PC Community Wellbeing 3,500
    FOUNDATION FOR OHIO RIVER
    5735 KELLOGG AVE
    CINCINNATI,OH452307112     		NONE PC Community Wellbeing 5,000
    FRIENDS OF HOYT PARK
    1284 BUTCHER RD
    FENTON,MI484301232     		NONE PC Community wellbeing 1,000
    FRIENDS OF THE ORANGE DEPOT
    5427 LONGMONT DR
    HOUSTON,TX770562340     		NONE PC Community Wellbeing 5,000
    GALLATIN COUNTY FOOD PANTRY
    205 W PEARL ST
    WARSAW,KY410952030     		NONE PC Community Wellbeing 30,000
    GALVESTON BAY FOUNDATION
    1100 HERCULES AVE STE 200
    WEBSTER,TX775982759     		NONE PC Community Wellbeing 24,000
    GIRL SCOUTS OF KENTUCKIANA INC
    2115 LEXINGTON RD
    LOUISVILLE,KY402062816     		NONE PC Community Wellbeing 2,500
    GIRL SCOUTS OF SAN JACINTO
    3110 SW FWY
    HOUSTON,TX770984508     		NONE PC Community Wellbeing 7,500
    GIRL SCOUTS OF SOUTHERN
    3483 SPRING HILL AVE
    MOBILE,AL366081522     		NONE PC Community Wellbeing 2,000
    GIVEDUCATION CORPORATION
    5514 DAWNINGTON PL
    SUGAR LAND,TX774794199     		NONE PC Community Wellbeing 1,600
    GRANT PARK CUSD 6
    421 ESSON FARM RD
    GRANT PARK,IL609400000     		NONE GOV Education - K-12 1,000
    GREAT LAKES BAY FOUNDATION
    117 S MAIN ST STE 3
    FREELAND,MI486238935     		NONE PC Community Wellbeing 200,000
    GREAT MINDS IN STEM
    2465 W WHITTIER BLVD STE 202
    MONTEBELLO,CA906403066     		NONE PC Community Wellbeing 15,000
    GREATER MIDLAND COMMUNITY
    2205 JEFFERSON AVE
    MIDLAND,MI486405679     		NONE PC Community Wellbeing 2,225,000
    GRUNDY FOUNDATION
    680 RADCLIFFE ST
    BRISTOL,PA190075136     		NONE PC Community Wellbeing 10,000
    HARDIN COUNTY SCHOOLS
    65 W A JENKINS RD
    ELIZABETHTOWN,KY427018452     		NONE GOV Education - K-12 26,344
    HELEN ROSS MCNABB CENTER
    201 W SPRINGDALE AVE
    KNOXVILLE,TN379175158     		NONE PC Community Wellbeing 3,000
    HELPING ON PURPOSE
    11475A FM 1442
    ORANGE,TX776305227     		NONE PC Community Wellbeing 5,000
    HERITAGE CONSERVANCY HC
    85 OLD DUBLIN PIKE
    DOYLESTOWN,PA189012468     		NONE PC Community Wellbeing 10,000
    HIDDEN HARVEST
    940 E GENESEE AVE
    SAGINAW,MI486071780     		NONE PC Community Wellbeing 25,000
    HOUSTON FOOD BANK
    535 PORTWALL STREET
    HOUSTON,TX770291332     		NONE PC Community Wellbeing 10,000
    HOUSTON INDEPENDENT SCHOOL
    4400 W 18TH ST
    HOUSTON,TX770928501     		NONE GOV Education - K-12 10,000
    HOWARD UNIVERSITY
    2244 10TH ST NW
    WASHINGTON,DC200014012     		NONE PC Higher Education 110,000
    IBERVILLE PARISH SCHOOL BOARD
    58030 PLAQUEMINE STREET
    PLAQUEMINE,LA707650001     		NONE PC Education - K-12 5,000
    IBERVILLE PARISH SHERIFFS
    58050 MERIAM ST
    PLAQUEMINE,LA707640001     		NONE PC Community Wellbeing 1,000
    ILLINOIS CHEMICAL EDUCATION
    1400 E TOUHY AVE STE 110
    DES PLAINES,IL600183338     		NONE PC Community Wellbeing 1,000
    INTEGRATE FOR GOOD INC
    832 MOUNTAIN TOP DR
    COLLEGEVILLE,PA194264139     		NONE PC Community Wellbeing 10,000
    INTERNATIONAL ASSOCIATION OF LIONS
    10226 ASHFORD CHASE DR
    ORANGE,TX776303231     		NONE PC Community Wellbeing 2,000
    IRON BELLE TRAIL FUND
    1213 CENTER ST STE D
    LANSING,MI489064436     		NONE PC Community Wellbeing 500,000
    JEFFERSON COMMUNITY & TECHN
    109 E BROADWAY
    LOUISVILLE,KY402022005     		NONE GOV Higher Education 160,000
    JUNIOR ACHIEVEMENT OF
    1401 W MUHAMMAD ALI BLVD
    LOUISVILLE,KY402031745     		NONE PC Education - K-12 8,600
    JUNIOR ACHIEVEMENT OF BRAZORIA
    104 W MYRTLE STE 218
    ANGLETON,TX775150001     		NONE PC Education - K-12 2,500
    JUNIOR ACHIEVEMENT OF NORTH
    309 E INDIAN ST
    MIDLAND,MI486405254     		NONE PC Education - K-12 10,000
    JUNIOR ACHIEVEMENT USA
    651 W WASHINGTON BLVD STE 404
    CHICAGO,IL606610001     		NONE PC Education - K-12 1,500
    KANKAKEE AREA CAREER CENTER
    4083 N 1000W RD
    BOURBONNAIS,IL609144240     		NONE GOV Education - 9-12 1,250
    KEEP COBB BEAUTIFUL INC
    1792 COUNTY SERVICES PKWY SW
    MARIETTA,GA300084012     		NONE PC Community Wellbeing 1,000
    KENTUCKY ENGINEERING FOUNDATION
    160 DEMOCRAT DR
    FRANKFORT,KY406019229     		NONE PC Community Wellbeing 5,000
    KNOCK KNOCK CHILDRENS
    1900 DALRYMPLE DR
    BATON ROUGE,LA708082024     		NONE PC Community Wellbeing 40,000
    LA PORTE EDUCATION FOUNDATION
    1002 SAN JACINTO ST
    LA PORTE,TX775715461     		NONE PC Community Wellbeing 5,000
    LABI FOUNDATION
    451 FLORIDA ST FL 11
    BATON ROUGE,LA708011700     		NONE PC Community Wellbeing 75,000
    LAKE ALLATOONA ASSOCIATION INC
    3667 AUTUMN VIEW DR NW
    ACWORTH,GA301017635     		NONE PC Community Wellbeing 1,000
    LAKE JACKSON HISTORICAL ASSOCIATION
    249 CIRCLE WAY
    LAKE JACKSON,TX775665232     		NONE PC Community Wellbeing 15,000
    LAMAR UNIVERSITY-BEAUMONT
    4400 MARTIN LUTHER KING PKWY
    BEAUMONT,TX777050001     		NONE GOV Higher Education 3,000
    LEADERSHIP WEST VIRGINIA INC
    1624 KANAWHA BLVD E
    CHARLESTON,WV253112115     		NONE PC Community Wellbeing 5,000
    LEADHER FOUNDATION
    16115 PADONS TRACE CT
    MISSOURI CITY,TX774898003     		NONE PC Community Wellbeing 4,300
    LIFE LEADERS INC
    420 LEXINGTON AVE STE 250
    NEW YORK,NY101700002     		NONE PC Community Wellbeing 8,500
    LIFE LEARNING COMMUNITY CENTER
    1083 ALLGOOD RD
    MARIETTA,GA300622308     		NONE PC Community Wellbeing 1,000
    LITTLE CYPRESS MAURICEVILLE
    6586 FM 1130
    ORANGE,TX776323723     		NONE PC Community Wellbeing 2,500
    LOUISIANA FOUNDATION FOR
    1 AMERICAN PL STE 2040
    BATON ROUGE,LA708250001     		NONE PC Community Wellbeing 150,000
    LOUISVILLE REGIONAL SCIENCE &
    2312 MOHICAN HILL CT
    LOUISVILLE,KY402071147     		NONE PC Community Wellbeing 1,000
    LUTCHER THEATER INC
    707 MAIN AVE
    ORANGE,TX776305700     		NONE PC Community Wellbeing 10,000
    MAKING A DIFFERENCE EVERYDAY
    414 RISTROPH ST
    LULING,LA700704322     		NONE PC Community Wellbeing 8,000
    MANN ON MAIN STREET
    606 E MAIN ST
    LANSDALE,PA194462906     		NONE PC Community Wellbeing 10,000
    MANNERS OF THE HEART
    763 NORTH BLVD
    BATON ROUGE,LA708025725     		NONE PC Community Wellbeing 25,000
    MARINE TOYS FOR TOTS
    18251 QUANTICO GATEWAY DR
    TRIANGLE,VA221721776     		NONE PC Community Wellbeing 10,000
    MICHIGAN BASEBALL FOUNDATION
    825 E MAIN ST
    MIDLAND,MI486405398     		NONE PC Community Wellbeing 100,000
    MICHIGAN COUNCIL OF WOMEN IN
    6 PARKLANE BLVD STE 615
    DEARBORN,MI481264214     		NONE PC Community Wellbeing 52,000
    MICHIGAN HEALTH IMPROVEMENT
    3238 HIDDEN ROAD
    BAY CITY,MI487061207     		NONE PC Community Wellbeing 85,000
    MIDLAND AREA COMMUNITY
    76 ASHMAN CIR
    MIDLAND,MI486404626     		NONE PC Community Wellbeing 725,000
    MIDLAND BUSINESS ALLIANCE
    300 RODD ST STE 101
    MIDLAND,MI486406599     		NONE PC Community Wellbeing 200,000
    MIDLAND CENTER FOR THE ARTS
    1801 W ST ANDREWS RD
    MIDLAND,MI486402656     		NONE PC Community Wellbeing 250,000
    MIDLAND PUBLIC SCHOOLS
    600 E CARPENTER ST
    MIDLAND,MI486405417     		NONE GOV Education - K-12 60,000
    MITZVAH CIRCLE FOUNDATION
    2525 LONG MEADOW RD
    LANSDALE,PA194466087     		NONE PC Community Wellbeing 10,000
    MONTGOMERY COUNTY FOOD
    1 FOOD FOR LIFE WAY
    CONROE,TX773851133     		NONE PC Community Wellbeing 10,000
    MONTGOMERY COUNTY FOUNDATION INC
    4 SENTRY PKWY STE 302
    BLUE BELL,PA194222327     		NONE PC Community Wellbeing 6,000
    MUST MINISTRIES INC
    1407 COBB PKY N
    MARIETTA,GA300622425     		NONE PC Community Wellbeing 1,500
    NATIONAL INVENTORS HALL OF
    3701 HIGHLAND PARK NW
    NORTH CANTON,OH447204535     		NONE PC Community Wellbeing 5,000
    NATIONAL MULTIPLE SCLEROSIS
    733 3RD AVE FL 3
    NEW YORK,NY100173211     		NONE PC Community Wellbeing 5,000
    NC A&T REAL ESTATE FOUNDATION
    1601 E MARKET ST
    GREENSBORO,NC274110002     		NONE PC Community Wellbeing 110,000
    NELDA C AND H J LUTCHER
    601 GREEN AVE
    ORANGE,TX776305718     		NONE PC Community Wellbeing 2,000
    NEW BIRTH CHURCH OF LOUISVILLE
    3301 LINDA LN
    LOUISVILLE,KY402112024     		NONE PC Community Wellbeing 1,500
    NORRISTOWN ZOOLOGICAL SOCIETY
    1661 HARDING BLVD
    NORRISTOWN,PA194012974     		NONE PC Community Wellbeing 10,000
    OHIO VALLEY UNITED CHARITIES
    523 HIGHLAND AVE
    CARROLLTON,KY410081292     		NONE PC Community Wellbeing 37,000
    OLIVET NAZARENE UNIVERSITY
    ONE UNIVERSITY AVENUE
    BOURBONNAIS,IL609142345     		NONE PC Higher Education 2,750
    ONE HOUSE AT A TIME
    411 SUSQUEHANNA RD
    AMBLER,PA190024947     		NONE PC Community Wellbeing 8,450
    ORANGE COMMUNITY ACTION ASSOCIATION
    103 5TH ST
    ORANGE,TX776306343     		NONE PC Community Wellbeing 17,000
    ORANGE COUNTY CLERK
    123 S 6TH STREET
    ORANGE,TX776306302     		NONE PC Community Wellbeing 5,500
    ORANGE COUNTY DISASTER
    123 6TH ST
    ORANGE,TX776306302     		NONE PC Community Wellbeing 28,000
    ORANGE COUNTY ECONOMIC
    123 6TH ST
    ORANGE,TX776306302     		NONE PC Community Wellbeing 155,000
    ORANGEFIELD INDEPENDENT
    PO Box 228
    ORANGEFIELD,TX776390228     		NONE GOV Education - K-12 2,000
    PACK SHACK NORTHWEST ARKANSAS
    5211 S 43RD ST
    ROGERS,AR727588955     		NONE PC Community wellbeing 6,000
    PAINCOURTVILLE VOLUNTEER FIRE
    6074 HWY 1
    PAINCOURTVILLE,LA703910001     		NONE PC Community Wellbeing 1,000
    PARISH OF WEST BATON ROUGE
    880 NORTH ALEXANDER AVENUE
    PORT ALLEN,LA707672327     		NONE PC Community Wellbeing 23,000
    PERKIOMEN WATERSHED
    1 SKIPPACK PIKE
    SCHWENKVILLE,PA194732828     		NONE PC Community Wellbeing 31,000
    PRAIRIE VIEW A&M FOUNDATION
    6436 FANNIN ST RM 112
    HOUSTON,TX770301520     		NONE PC Community Wellbeing 110,000
    PROJECT HEADSPACE AND TIMING
    1035 LINCOLN DR
    MANTENO,IL609509393     		NONE PC Community Wellbeing 1,000
    PROJECT LEAD THE WAY INC
    3939 PRIORITY WAY SOUTH DR
    INDIANAPOLIS,IN462403821     		NONE PC Community Wellbeing 150,000
    REGENT OF THE UNIVERSITY OF
    1600 HURON PARKWAY 2ND FLOOR
    ANN ARBOR,MI481092590     		NONE GOV Higher Education 1,250,000
    RESCUE MINISTRIES OF MID
    1021 BURT ST
    SAGINAW,MI486071744     		NONE PC Community Wellbeing 8,000
    RESTORE THE EARTH FOUNDATION INC
    95 BROWN RD
    ITHACA,NY148501294     		NONE PC Community Wellbeing 100,000
    RETIRED SENIOR VOLUNTEER
    901 E 8TH AVE
    KING OF PRUSSIA,PA194061354     		NONE PC Community Wellbeing 5,000
    SAGINAW BASIN LAND CONSERVANCY
    1008 N JONHNSON ST
    BAY CITY,MI487086252     		NONE PC Community Wellbeing 25,000
    SAGINAW COMMUNITY FOUNDATION
    1 TUSCOLA STE 100
    SAGINAW,MI486071287     		NONE PC Community Wellbeing 105,000
    SAGINAW MUSEUM
    1126 N MICHIGAN AVE
    SAGINAW,MI486024763     		NONE PC Community Wellbeing 150,000
    SAN ANTONIO BAY PARTNERSHIP
    405 W POWER AVE
    VICTORIA,TX779016441     		NONE PC Community Wellbeing 5,000
    SANTA'S HELPERS OF WEST
    2944 MAIN ST
    PORT ALLEN,LA707674020     		NONE PC Community Wellbeing 1,000
    SCIENCE ATL INC
    191 PEACHTREE ST NE STE 3400
    ATLANTA,GA303031757     		NONE PC Community Wellbeing 4,500
    SCOTLANDVILLE MAGNET HIGH
    9870 SCOTLAND AVE
    BATON ROUGE,LA708073999     		NONE GOV Education - K-12 7,200
    SER FAMILIA INC
    209 NORTHRIDGE DR
    ACWORTH,GA301016374     		NONE PC Community Wellbeing 5,000
    SOCIETY OF ASIAN SCIENTISTS
    2575 REED ST
    LAKEWOOD,CO802146205     		NONE PC Community Wellbeing 20,000
    SOCIETY OF HISPANIC
    13181 CROSSROADS PKWY N
    CITY OF INDUSTRY,CA917463501     		NONE PC Community Wellbeing 25,000
    SOUTHERN UNIVERSITY SYSTEM
    J S CLARK ADMIN BLDG
    BATON ROUGE,LA708130001     		NONE GOV Higher Education 82,800
    SPECIAL OLYMPICS LOUISIANA INC
    1000 E MORRIS AVE
    HAMMOND,LA704034456     		NONE PC Community Wellbeing 10,000
    SPRING HAVEN INC
    422 E POPLAR ST
    ELIZABETHTOWN,KY427011138     		NONE PC Community Wellbeing 22,406
    ST CHARLES PARISH
    13855 RIVER RD
    LULING,LA700706220     		NONE PC Community Wellbeing 48,000
    ST JOHNS CHURCH
    57805 MAIN ST
    PLAQUEMINE,LA707642531     		NONE PC Community Wellbeing 3,000
    ST CHARLES BORROMEO SCHOOL
    13396 RIVER RD
    DESTREHAN,LA700475000     		NONE PC Education - Pre-K-8 10,000
    SUMMER EARTH STUDIES INC
    611 BRIARMEADE DR SW
    MARIETTA,GA300644650     		NONE PC Community Wellbeing 2,000
    TEACH FOR ALL INC
    25 BROADWAY 12TH FL
    NEW YORK,NY100041056     		NONE PC Community Wellbeing 300,000
    TEAM RUBICON
    6171 W CENTURY BLVD 310
    LOS ANGELES,CA900455300     		NONE PC Community Wellbeing 126,500
    TEXAS CITY FOUNDATION FOR THE
    1700 9TH AVE N
    TEXAS CITY,TX775905470     		NONE PC Community Wellbeing 2,500
    THE ARC OF MIDLAND
    220 W MAIN ST STE 102
    MIDLAND,MI486405184     		NONE PC Community Wellbeing 47,000
    THE CONSERVATION FUND
    721 WASHINGTON AVE STE 315
    BAY CITY,MI487085724     		NONE PC Community Wellbeing 100,000
    THE EDUCATION ALLIANCE BUS
    803 QUARRIER ST STE 500
    CHARLESTON,WV253313071     		NONE PC Community Wellbeing 5,000
    THE EXTENSION INC
    1507 CHURCH STREET EXT NE
    MARIETTA,GA300601023     		NONE PC Community Wellbeing 5,000
    THE FOUNDATION FOR THOMAS
    4605 MACCORKLE AVE SW
    SOUTH CHARLESTON,WV253091311     		NONE PC Community Wellbeing 15,000
    THE FRANKLIN INSTITUTE
    222 N 20TH ST
    PHILADELPHIA,PA191031115     		NONE PA Community Wellbeing 25,000
    THE GREATER BATON ROUGE ECONOMIC
    564 LAUREL ST
    BATON ROUGE,LA708011812     		NONE PC Community Wellbeing 5,000
    THE LEUKEMIA & LYMPHOMA
    5433 WESTHEIMER STE 300
    HOUSTON,TX770560001     		NONE PC Community Wellbeing 5,000
    THE MANUFACTURING INSTITUTE
    733 10TH ST NW STE 700
    WASHINGTON,DC200014884     		NONE PC Community Wellbeing 500,000
    THE NATURE CONSERVANCY
    4245 N FAIRFAX DR STE 100
    ARLINGTON,VA222031606     		NONE PC Community Wellbeing 80,000
    THE SAFETY PLACE
    10245 SIEGEN LN STE B
    BATON ROUGE,LA708104986     		NONE PC Community Wellbeing 10,000
    THE TIDES CENTER
    1014 TORNEY AVENUE
    SAN FRANCISCO,CA941291756     		NONE PC Community Wellbeing 1,500,000
    THE VICTORIA COLLEGE
    2200 E RED RIVER
    VICTORIA,TX779010001     		NONE GOV Higher Education 130,000
    TOP LADIES OF DISTINCTION INC
    2607 PROSPECT ST
    HOUSTON,TX770047737     		NONE PC Community Wellbeing 9,996
    UNITED WAY GALVESTON COUNTY
    922 14TH ST NORTH
    TEXAS CITY,TX775908910     		NONE PC Community Wellbeing 5,000
    UNITED WAY OF BAY COUNTY
    909 WASHINGTON AVE STE 2
    BAY CITY,MI487085722     		NONE PC Community Wellbeing 80,000
    UNITED WAY OF BRAZORIA COUNTY
    4005 TECHNOLOGY RD STE 1020
    ANGLETON,TX775152536     		NONE PC Community Wellbeing 220,000
    UNITED WAY OF BUCKS COUNTY
    413 HOOD BLVD
    FAIRLESS HILLS,PA190302901     		NONE PC Community Wellbeing 40,000
    UNITED WAY OF CALHOUN COUNTY
    311 N VIRGINIA ST
    PORT LAVACA,TX779793432     		NONE PC Community Wellbeing 20,000
    UNITED WAY OF CENTRAL WEST
    1 UNITED WAY SQ
    CHARLESTON,WV253011000     		NONE PC Community Wellbeing 35,000
    UNITED WAY OF GREATER
    1301 HANNAH AVE
    KNOXVILLE,TN379216330     		NONE PC Community Wellbeing 59,000
    UNITED WAY OF GREATER HOUSTON
    50 WAUGH DR
    HOUSTON,TX770075813     		NONE PC Community Wellbeing 10,000
    UNITED WAY OF GREATER MCHENRY
    4508 PRIME PKWY
    MCHENRY,IL600507004     		NONE PC Community Wellbeing 5,000
    UNITED WAY OF METRO CHICAGO
    333 S WABASH AVE FL 1
    CHICAGO,IL606044250     		NONE PC Community Wellbeing 2,500
    UNITED WAY OF MIDLAND COUNTY
    220 W MAIN ST STE 100
    MIDLAND,MI486405182     		NONE PC Community Wellbeing 755,000
    UNITED WAY OF ORANGE COUNTY
    1506 W PARK AVE
    ORANGE,TX776304953     		NONE PC Community Wellbeing 35,000
    UNITED WAY OF SAGINAW COUNTY
    100 S JEFFERSON AVE FL3
    SAGINAW,MI486071274     		NONE PC Community Wellbeing 125,000
    UNITED WAY OF ST CHARLES
    13207 RIVER RD
    LULING,LA700704168     		NONE PC Community Wellbeing 155,500
    URBAN AFFAIRS COALITION
    1207 CHESTNUT ST
    PHILADELPHIA,PA191074102     		NONE PC Community Wellbeing 10,000
    URBAN RACQUET SPORTS FOUNDATION
    300 GOLFVIEW DR
    SAGINAW,MI486385826     		NONE PC Community Wellbeing 8,240
    US INDIA FRIENDSHIP ALLIANCE INC
    303 5TH AVE RM 1007
    NEW YORK,NY100166681     		NONE PC Community Wellbeing 100,000
    VICTORIA COUNTY UNITED WAY INC
    101 S MAIN ST STE 500
    VICTORIA,TX779018142     		NONE PC Community Wellbeing 10,500
    VILLAGE OF JOHNSBURG
    1515 CHANEL BEACH AVE
    JOHNSBURG,IL600518904     		NONE GOV Community Wellbeing 1,000
    VILLAGE OF RINGWOOD
    6000 BARNARD MILL RD
    RINGWOOD,IL600729636     		NONE GOV Community Wellbeing 8,000
    WARRIORS WEEKEND
    3603 MIORI LN
    VICTORIA,TX779013692     		NONE PC Community Wellbeing 5,000
    WAYNE STATE UNIVERSITY
    5221 GULLEN MALL STE 687
    DETROIT,MI482023919     		NONE GOV Higher Education 50,000
    WEST BATON ROUGE SCHOOL BOARD
    3761 ROSEDALE RD
    PORT ALLEN,LA707674305     		NONE PC Education - K-12 15,000
    WEST ORANGE-COVE CONSOLIDATED
    505 15TH ST
    ORANGE,TX776305068     		NONE PC Community Wellbeing 5,000
    WEST VIRGINIA UNIVERSITY
    1 WATERFRONT RD 7TH FL
    MORGANTOWN,WV265071650     		NONE GOV Higher Education 15,000
    WOMEN OF COLORS
    1000 TUSCOLA ST
    SAGINAW,MI486071421     		NONE PC Community Wellbeing 10,000
    WOMENS CENTER OF BRAZORIA
    715 N VALDERAS ST
    ANGLETON,TX775154540     		NONE PC Community Wellbeing 1,000
    WREATHS ACROSS AMERICA
    4 POINT ST
    COLUMBIA,ME046235305     		NONE PC Community Wellbeing 3,000
    YMCA OF SAGINAW
    1915 FORDNEY ST
    SAGINAW,MI486012809     		NONE PC Community Wellbeing 25,000
    YMCA OF THE CAPITAL AREA
    350 S FOSTER DR
    BATON ROUGE,LA708064105     		NONE PC Community Wellbeing 6,000
    YOUNG WOMENS CHRISTIAN
    1426 KANAWHA BLVD E
    CHARLESTON,WV253013002     		NONE PC Community Wellbeing 15,000
    YWCA GREAT LAKES BAY REGION
    1104 WASHINGTON AVE
    BAY CITY,MI487085708     		NONE PC Community Wellbeing 23,800
    YWCA TRI-COUNTY AREA
    315 KING ST
    POTTSTOWN,PA194645516     		NONE PC Community Wellbeing 8,000
    Total .................................bullet 3a 17,314,371
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 10,854  
    4 Dividends and interest from securities ....          
    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 ............     		         
    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) ..   489,699  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    489,699
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    DOW COMPANY FOUNDATION
     
    Employer identification number

    38-2314603
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    DOW COMPANY FOUNDATION
          		Employer identification number
    38-2314603
    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
    THE DOW CHEMICAL COMPANY
    1 EAST MAIN STREET
     
    BAY CITY, MI48708

    		$ 110,000,000


    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    DOW COMPANY FOUNDATION
          		Employer identification number

    38-2314603
    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) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    DOW COMPANY FOUNDATION
          		Employer identification number

    38-2314603
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2021 DepreciationSchedule
    Name:
    DOW COMPANY FOUNDATION
    EIN:
    38-2314603
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    DOW COMPANY FOUNDATION
    EIN:
    38-2314603
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MFB NORTHERN FUNDS STK INDEX F 20,500,550 20,500,550

    TY 2021 OtherIncreasesSchedule
    Name:
    DOW COMPANY FOUNDATION
    EIN:
    38-2314603
    Description Amount
    UNREALIZED GAIN ON MKT SECURITIES 21,704


    TY 2021 TaxesSchedule
    Name:
    DOW COMPANY FOUNDATION
    EIN:
    38-2314603
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    NET INVESTMENT TAX 2,974