Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE MERCANTILE BANK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)310 LEONARD STREET NW
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GRAND RAPIDS, MI49504
A Employer identification number

87-4152774
B Telephone number (see instructions)

(616) 726-1202
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$5,810,887J 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) 666,042
2 Check right arrow.............
3 Interest on savings and temporary cash investments 26 26  
4 Dividends and interest from securities... 121,271 129,560  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 18,410
b Gross sales price for all assets on line 6a 674,618
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
0 1,993  
12 Total. Add lines 1 through 11........ 805,749 131,579 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
7,251 0 0 7,251
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
8,446 4,223 0 4,223
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
16,393 16,373 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
3,298 3,976 0 0
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
List of Attached Documents:
// Content
325 0 0 0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 35,713 24,572 0 11,474
25 Contributions, gifts, grants paid....... 517,820 517,820
26 Total expenses and disbursements. Add lines 24 and 25 553,533 24,572 0 529,294
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 252,216
b Net investment income (if negative, enter -0-) 107,007
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 1,091,500 120,382 152,650
2 Savings and temporary cash investments......... 25,891 34,573 34,573
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,087,797 Click to see attachment
List of Attached Documents:
// Content
3,984,254 		3,804,726
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,282,620 Click to see attachment
List of Attached Documents:
// Content
1,600,815 		1,818,938
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,487,808 5,740,024 5,810,887
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 5,487,808 5,740,024
29 Total net assets or fund balances (see instructions)..... 5,487,808 5,740,024
30 Total liabilities and net assets/fund balances (see instructions). 5,487,808 5,740,024
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
5,487,808
2
Enter amount from Part I, line 27a .....................
2
252,216
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,740,024
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,740,024
Form 990-PF (2023)
Form 990-PF (2023)
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 PUBLICLY TRADED SECURITIES P    
b CAPITAL GAINS DISTRIBUTION P    
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 661,026   704,877 -43,851
b 13,592     13,592
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       -43,851
b       13,592
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 -30,259
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 -30,259
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 right arrow 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) 1 1,487
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 0
3 Add lines 1 and 2........................... 3 1,487
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 1,487
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 765
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 765
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 19
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9 741
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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:
round bullet By language in the governing instrument, or
round bullet 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
 
No
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)
right arrowMI
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 2023 or the taxable year beginning in 2023? 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
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 addressright arrowN/A
14
The books are in care ofright arrowCHUCK CHRISTMAS Telephone no.right arrow (616) 726-1202

Located atright arrow310 LEONARD STREET NWGRAND RAPIDSMI ZIP+4right arrow49504
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, 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 right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(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
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(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
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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
CHARLES CHRISTMAS TREASURER
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
RAY REITSMA PRESIDENT
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
SCOTT SETLOCK SECRETARY
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
DOUG HOLTROP DIRECTOR
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
JUSTIN KARL DIRECTOR
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
ROBERT KAMINSKI DIRECTOR
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
TARA RANDALL DIRECTOR
2.00 		0 0 0
310 LEONARD STREET NW
GRAND RAPIDS,MI49504
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...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
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
4,909,644
b
Average of monthly cash balances.......................
1b
367,685
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
5,277,329
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
5,277,329
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
79,160
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
5,198,169
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
259,908
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
259,908
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
1,487
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
1,487
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
258,421
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
258,421
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
258,421
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
529,294
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
529,294
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 258,421
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 46,681
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 529,294
a Applied to 2022, but not more than line 2a 46,681
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 258,421
e Remaining amount distributed out of corpus 224,192
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 224,192
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		224,192
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 224,192
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
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 right arrow
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 (2023)
Form 990-PF (2023)
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

GENESIS NON-PROFIT HOUSING CORPORATION

851 LEONARD ST NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL SUPPORT 7,500

92 FOR 22

PO BOX 316
ALLENDALE,MI49401 		NONE PC GENERAL SUPPORT 2,500

ABAYOMI COMMUNITY DEVELOPMENT CORPORATION

24331 W 8 MILE RD
DETROIT,MI48219 		NONE PC KIDZ ZONE SPONSOR 2,000

ADOPT A CLASSROOM INC

PO BOX 64078
ST PAUL,MN55164 		NONE PC SPECIAL EDUCATION ART WITH MISS WHITNEY 500

AFFORDABLE HOUSING ALLIANCE MIDLAND COUNTY NON PROFIT HOUSING CORP

3400 ISABELLA ST
MIDLAND,MI48640 		NONE PC GENERAL SUPPORT 1,000

AFRICAN AMERICAN HEALTH INSTITUTE

500 LAFAYETTE AVE NE STE 018
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 2,500

ALANO CLUB OF KENT COUNTY

1020 COLLEGE AVE NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 2,500

AMERICAN CANCER SOCIETY OF MICHIGAN

PO BOX 10069
DETROIT,MI48210 		NONE PC RELAY FOR LIFE; GENERAL SUPPORT 2,000

AMERICAN HEART ASSOCIATION INC

3940 PENINSULAR DR SE STE 180
GRAND RAPIDS,MI49546 		NONE PC 2023 KALAMAZOO HEART WALK; GENERAL SUPPORT 1,500

ANGELS OF ACTION

PO BOX 1020
BIG RAPIDS,MI49307 		NONE PC LIGHT UP THE NIGHT SPONSOR 2023 5,000

B FOUNDATION INC

PO BOX 327
BELDING,MI48809 		NONE PC CHEERS FOR PEERS DONATION 500

BAXTER COMMUNITY CENTER

935 BAXTER ST SE
GRAND RAPIDS,MI49506 		NONE PC CHEERS FOR PEERS DONATION 100

BEAUTIFUL YOU BY PROFILE

4669 ALPINE AVE SUITE A
COMSTOCK PARK,MI49321 		NONE PC GENERAL SUPPORT 3,000

BETHANY CHRISTIAN SERVICES INC

901 EASTERN AVE NE
GRAND RAPIDS,MI49525 		NONE PC GENERAL SUPPORT 5,000

BETTER BUSINESS BUREAU OF WESTERN MICHIGAN EDUCATIONAL FOUNDATION

3330 CLAYSTONE ST SE
GRAND RAPIDS,MI49546 		NONE PC GENERAL SUPPORT 7,500

BIG BROTHERS BIG SISTERS OF SOUTHWEST MICHIGAN

3501 COVINGTON RD
KALAMAZOO,MI49001 		NONE PC GENERAL SUPPORT 1,000

BLACK KNIGHTS BAND BOOSTERS INC

850 HALL ST
BELDING,MI48809 		NONE PC BELDING BANDS SPONSOR 500

BLANDFORD NATURE CENTER

1715 HILLBURN NW
GRAND RAPIDS,MI49504 		NONE PC GENERAL SUPPORT 5,500

BOYS AND GIRLS CLUB OF LANSING

4315 PLEASANT GROVE RD
LANSING,MI48910 		NONE PC A NIGHT TO REMEMBER 2,500

BRECKENRIDGE COMMUNITY SCHOOLS EDUCATIONAL FOUNDATION

PO BOX 94
BRECKENRIDGE,MI48615 		NONE PC CHEERS FOR PEERS DONATION 1,000

BRONSON HEALTH FOUNDATION INC

PO BOX 73
KALAMAZOO,MI49007 		NONE PC GENERAL SUPPORT 1,000

BSNA COUNCIL OF NEIGHBORS

1551 KALAMAZOO ST SE
GRAND RAPIDS,MI49507 		NONE PC COMMUNITY DEVELOPMENT DONATION 1,000

CADILLAC AREA OASIS FAMILY RESOURCE CENTER

118 S MITCHELL ST
CADILLAC,MI49601 		NONE PC CHEERS FOR PEERS DONATION 500

CAPITAL AREA HOUSING PARTNERSHIP

600 W MAPLE ST STE D
LANSING,MI48906 		NONE PC BUILDING CAPITAL PROGRAM 5,000

CAPITAL AREA HUMANE SOCIETY

7095 W GRAND RIVER AVE
LANSING,MI48906 		NONE PC FUR BALL GOLD TABLE, HELPING HAND PARTNER 2,750

CARE STORE

1114 W HIGH ST
MT PLEASANT,MI48858 		NONE PC CHEERS FOR PEERS DONATION 500

CHERRYLAND HUMANE SOCIETY

1750 AHLBERG RD
TRAVERSE CITY,MI49696 		NONE PC GENERAL SUPPORT 250

CHRISTIAN ENDEAVOR INTERNATIONAL

302 W MAIN ST
EDMORE,MI48829 		NONE PC EDMORE FOOD PANTRY DONATION 250

CITY RESCUE MISSION OF LANSING MICHIGAN

2216 S CEDAR ST
LANSING,MI489103132 		NONE PC CHEERS FOR PEERS DONATION 500

CLOTHING INC

1114 W HIGH ST
MT PLEASANT,MI48858 		NONE PC 10 YR CELEBRATION TABLE SPONSOR 600

COMMUNITY ACTION HOUSE

739 PAW PAW DR
HOLLAND,MI49423 		NONE PC COMMUNITY DEVELOPMENT DONATION 2,500

COMMUNITY COMPASSION NETWORK

PO BOX 237
MT PLEASANT,MI48804 		NONE PC FOOD PANTRY DONATION 1,000

COMMUNITY HEALING CENTERS

2615 STADIUM DR
KALAMAZOO,MI49008 		NONE PC SERVE FOR KIDS 500

COMMUNITY HOMEWORKS

810 BRYANT ST
KALAMAZOO,MI49001 		NONE PC BUILDING & EDUCATIONAL EMPOWERMENT SPONSOR 3,500

COMMUNITY HOUSING NETWORK INC

5505 CORPORATE DR STE 300
TROY,MI48098 		NONE PC GENERAL SUPPORT 5,000

CRASHS LANDING

3433 RIVER HILL DR
GRAND RAPIDS,MI49534 		NONE PC CHEERS FOR PEERS DONATION 500

CREATIVE ARTS REPERTOIRE ENSEMBLE INC

2661 29TH ST SE
GRAND RAPIDS,MI49512 		NONE PC GENERAL SUPPORT 1,000

CRESTON NEIGHBORHOOD ASSOCIATION

205 CARRIER ST NE STE 1
GRAND RAPIDS,MI49505 		NONE PC GENERAL SUPPORT 1,000

DAVIDS HOUSE MINISTRIES

2251 HOPE GROVE AVE SW
WYOMING,MI49509 		NONE PC GENERAL SUPPORT 3,000

DISABILITY ADVOCATES OF KENT COUNTY

160 68TH ST SW SUITE 125
GRAND RAPIDS,MI49548 		NONE PC EMPLOYMENT READINESS CLASSES; GENERAL SUPPORT 4,700

DWELLING PLACE OF GRAND RAPIDS NONPROFIT HOUSING CORPORATION

101 SHELDON BLVD SE STE 2
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 2,500

EBONY ROAD PLAYERS

1213 KALAMAZOO AVE SE
GRAND RAPIDS,MI49507 		NONE PC GENERAL SUPPORT 3,000

ECUMENICAL SENIOR CENTER

702 N BURDICK ST
KALAMAZOO,MI49007 		NONE PC FINANCIAL LITERACY PROGRAMMING 4,000

EIGHT CAP INC

5827 ORLEANS RD
ORLEANS,MI48865 		NONE PC MONTCALM CASA DONATION 700

ENDLESS OPPORTUNITIES

PO BOX 68263
GRAND RAPIDS,MI49516 		NONE PC EQUITY SPONSOR 1,000

EXALTA HEALTH

2060 DIVISION AVE S
GRAND RAPIDS,MI49507 		NONE PC GENERAL SUPPORT 2,500

FAIR HOUSING CENTER OF WEST MICHIGAN

20 HALL ST SE
GRAND RAPIDS,MI49507 		NONE PC 2024 FAIR HOUSING WORKSHOP SERIES 5,000

FATHER FRED FOUNDATION

826 HASTINGS
TRAVERSE CITY,MI49686 		NONE PC GENERAL SUPPORT 250

FEEDING AMERICA WEST MICHIGAN

864 WEST RIVER DR
COMSTOCK PARK,MI49321 		NONE PC GENERAL SUPPORT 2,500

FIRST STEPS KENT

401 HALL ST SW SUITE 385
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 5,000

FOUNDATION FOR HASLETT SCHOOLS

5593 FRANKLIN ST
HASLETT,MI48840 		NONE PC VIKING FIERCE SPONSOR 500

FULTON STREET FARMERS MARKET INC

1145 FULTON STREET E
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 2,500

GEORGETOWN HARMONY HOMES

PO BOX 845
JENISON,MI49429 		NONE PC GENERAL SUPPORT 1,500

GILDAS CLUB GRAND RAPIDS

1806 BRIDGE ST NW
GRAND RAPIDS,MI49504 		NONE PC LAUGHFEST SPONSOR; GENERAL SUPPORT 5,500

GIRL SCOUTS HEART OF MICHIGAN

601 W MAPLE ST
KALAMAZOO,MI49008 		NONE PC GENERAL SUPPORT 320

GRAND RAPIDS ASIAN PACIFIC FESTIVAL

PO BOX 150724
GRAND RAPIDS,MI49515 		NONE PC GLOBAL WATER FEST 5,000

GRAND RAPIDS CHILDRENS MUSEUM

11 SHELDON AVE NE
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 2,500

GRAND RAPIDS CIVIC THEATRE INC

30 DIVISION AVE N
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 1,500

GRAND RAPIDS PRIDE CENTER

343 ATLAS AVE SE
GRAND RAPIDS,MI49506 		NONE PC COMMUNITY PARTNER DONATION 2,500

GRAND RAPIDS PUBLIC MUSEUM FOUNDATION

272 PEARL STREET NW
GRAND RAPIDS,MI49504 		NONE PC LEGACY AWARDS GALA 1,500

GRAND RAPIDS STUDENT ADVANCEMENT FOUNDATION

125 OTTAWA NW STE 210
GRAND RAPIDS,MI49503 		NONE PC TURKEY TROT SILVER SPONSOR 2,500

GRAND VALLEY STATE UNIVERSITY

PO BOX 1945
GRAND RAPIDS,MI49501 		NONE PC FINANCIAL EDUCATION PROGRAM; GENERAL SUPPORT 17,500

GRATIOT COUNTY CHILD ADVOCACY ASSOCIATION

515 N STATE ST
ALMA,MI48801 		NONE PC CAREGIVER APPRECIATION & CHILDREN'S GAME NIGHT 300

GRATIOT COUNTY HOPE HOUSE

1001 W WASHINGTON AVE
ST LOUIS,MI48880 		NONE PC GENERAL SUPPORT 1,500

GREATER GRATIOT DEVELOPMENT INC

136 S MAIN ST
ITHACA,MI48847 		NONE PC GENERAL SUPPORT 2,500

GREATER LANSING FOOD BANK

PO BOX 16224
LANSING,MI48901 		NONE PC 15TH EMPTY PLATE; FOOD BANK DONATION 2,000

GREATER OTTAWA COUNTY UNITED WAY INC

PO BOX 1349
HOLLAND,MI49422 		NONE PC GENERAL SUPPORT 1,000

GRYPHON PLACE

PO BOX 378
PORTAGE,MI49081 		NONE PC SUICIDE PREVENTION 1,000

GUIDING LIGHT MISSION INC

255 S DIVISION AVE
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 5,000

HABITAT FOR HUMANITY INTERNATIONAL INC

1126 GULL RD
KALAMAZOO,MI49048 		NONE PC GENERAL SUPPORT 6,000

HABITAT FOR HUMANITY OF MICHIGAN INC

618 S CREYTS RD STE A
LANSING,MI48917 		NONE PC HOUSING COUNSELING & EDUCATION DONATION 6,000

HEART OF WEST MICHIGAN UNITED WAY

118 COMMERCE AVE SW
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 27,000

HEARTSIDE GLEANING INITIATIVE INC

PO BOX 603
ADA,MI49301 		NONE PC GENERAL SUPPORT 1,500

HISPANIC AMERICAN COUNCIL INCORPORATED

930 LAKE ST
KALAMAZOO,MI49001 		NONE PC GENERAL SUPPORT 5,000

HISPANIC CENTER OF WESTERN MICHIGAN INC

1204 CESAR E CHAVEZ AVE SW
GRAND RAPIDS,MI49503 		NONE PC LATINX YOUTH CONFERENCE 2024; GENERAL SUPPORT 12,500

HOME REPAIR SERVICES OF KENT COUNTY INC

1100 S DIVISION AVE
GRAND RAPIDS,MI49507 		NONE PC GENERAL SUPPORT 6,000

HOSPITAL HOSPITALITY HOUSE OF SOUTHWEST MICHIGAN INC

828 S BURDICK ST
KALAMAZOO,MI49001 		NONE PC GENERAL SUPPORT 1,000

HUMANE ANIMAL TREATMENT SOCIETY

PO BOX 732
MT PLEASANT,MI48804 		NONE PC LAUGH YOUR HATS OFF SPONSOR 1,000

HUMANE SOCIETY OF WEST MICHIGAN

3077 WILSON DR NW
GRAND RAPIDS,MI49534 		NONE PC CHEERS FOR PEERS DONATION 500

HUNT 2 HEAL

3230 JEFFERSON AVE
GRAND RAPIDS,MI49548 		NONE PC GENERAL SUPPORT 100

I UNDERSTAND LOVE HEALS

PO BOX 822
ADA,MI49301 		NONE PC POWER OF SHARING SPONSOR 2,500

ICCF COMMUNITY HOME

415 MARTIN LUTHER KING JR ST SE STE
100
GRAND RAPIDS,MI49507 		NONE PC HOUSES TO HOMES GALA 2024 8,500

INTERNATIONAL RETT SYNDROME FOUNDATION

4500 COOPER RD STE 204
CINCINNATI,OH45242 		NONE PC GENERAL SUPPORT 500

IONIA COMMUNITY AWARENESS WEEK

PO BOX 361
IONIA,MI48846 		NONE PC CHEERS FOR PEERS DONATION 500

IONIA FREE FAIR ASSOCIATION

PO BOX 96
IONIA,MI48846 		NONE PC GENERAL SUPPORT 500

JUNIOR ACHIEVEMENT USA

4090 LAKE DR SE
GRAND RAPIDS,MI49546 		NONE PC CONSTRUCTION ACADEMY SPONSOR 6,500

KALAMAZOO NEIGHBORHOOD HOUSING SERVICES INC

1219 S PARK ST
KALAMAZOO,MI49001 		NONE PC GENERAL SUPPORT 6,000

KENT COUNTY HABITAT FOR HUMANITY

425 PLEASANT ST SW
GRAND RAPIDS,MI49503 		NONE PC FINANCIAL EDUCATION CLASSES 4,000

KIDS FOOD BASKET

1300 PLYMOUTH AVE NE
GRAND RAPIDS,MI49505 		NONE PC GENERAL SUPPORT 500

LINC UP NONPROFIT HOUSING CORPORATION

1167 MADISON AVE SE
GRAND RAPIDS,MI49507 		NONE PC CSA 2023 SPONSOR; HOMEOWNERSHIP PROGRAM 6,000

LITTLE LEAGUE BASEBALL INC

PO BOX 292
LOWELL,MI49331 		NONE PC YOUTH SPORTS COMPLEX DONATION 2,000

LIVING WATERS

11862 PRAIRIE EDGE ST
SCHOOLCRAFT,MI49087 		NONE PC CHEERS FOR PEERS DONATION 500

LYDIAS GATE INC

PO BOX 988
MIO,MI48647 		NONE PC GENERAL SUPPORT 3,000

MAPLE VIEW ASSISTED LIVING INC

4396 S LUCE RD
ITHACA,MI48847 		NONE PC GENERAL SUPPORT 500

MEALS ON WHEELS WESTERN MICHIGAN INC

2900 WILSON AVE SW STE 500
GRANDVILLE,MI49418 		NONE PC GENERAL SUPPORT 750

MEL TROTTER MINISTRIES

225 COMMERCE AVE SW
GRAND RAPIDS,MI49503 		NONE PC IMMEASURABLY MORE CAPITAL CAMPAIGN; GENERAL SUPPORT 75,000

MENTAL HEALTH FOUNDATION OF WEST MICHIGAN

160 68TH ST SW STE 120
GRAND RAPIDS,MI49548 		NONE PC CHEERS FOR PEERS DONATION 500

MESSIAH BAPTIST CHURCH

513 HENRY ST SE
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 5,000

MICHIGAN MASONIC CHARITABLE FOUNDATION

1200 WRIGHT AVE
ALMA,MI48801 		NONE PC EMPLOYEE ASSISTANCE PROGRAM DONATION 250

MICHIGAN SHERIFFS ASSOCIATION EDUCATIONAL SERVICES INC

620 S CAPITOL AVE 320A
LANSING,MI48933 		NONE PC TRAINING LUNCHES SPONSOR 1,000

MID MICHIGAN BIG BROTHERS BIG SISTERS

PO BOX 345
CLARE,MI48617 		NONE PC CHEERS FOR PEERS 500

MINISTRY WITH COMMUNITY INC

500 N EDWARDS ST
KALAMAZOO,MI49007 		NONE PC WINTER WISH LIST PARTNER 500

MISSAUKEE HUMANE SOCIETY

5310 W HOUGHTON LAKE RD
LAKE CITY,MI49651 		NONE PC FUNDRAISER DINNER SPONSOR; GENERAL SUPPORT 1,250

MISSION FIELD

2212 MEADOWDALE NW
GRAND RAPIDS,MI49504 		NONE PC WHIFFLE BALL TOURNAMENT SPONSOR 1,500

MOUNT PLEASANT DISCOVERY MUSEUM

5093 E REMUS RD
MT PLEASANT,MI48858 		NONE PC CHEERS FOR PEERS DONATION 500

MRC INDUSTRIES INCORPORATED

2538 S 26TH ST
KALAMAZOO,MI49048 		NONE PC FINISH LINE SPONSOR 2,500

MT PLEASANT PUBLIC SCHOOLS FOUNDATION INC

720 N KINNEY AVE
MT PLEASANT,MI48858 		NONE PC GRAPES & GRAINS 1,000

NATIONAL BLACK NURSES ASSOCIATION INC

PO BOX 6942
GRAND RAPIDS,MI49516 		NONE PC GENERAL SUPPORT 250

NEW HOPE SHELTER

1125 LINCOLN ST
CADILLAC,MI49601 		NONE PC GENERAL SUPPORT 3,000

NIA CENTRE

PO BOX 6116
GRAND RAPIDS,MI49516 		NONE PC GENERAL SUPPORT 1,000

NMDP FOUNDATION

500 NORTH 5TH ST
MINNEAPOLIS,MN55401 		NONE PC GARDEN SPONSORSHIP 1,000

NORTHWEST MICHIGAN COMMUNITY ACTION AGENCY INC

3963 THREE MILE RD
TRAVERSE CITY,MI49686 		NONE PC FINANCIAL EDUCATION DONATION 5,000

OGEMAW ORIOLES

217 N 5TH ST
WEST BRANCH,MI48661 		NONE PC CHEERS FOR PEERS DONATION 500

OPPORTUNITY RESOURCE FUND

250 MONROE AVE SUITE 150
GRAND RAPIDS,MI49503 		NONE PC AFFORDABLE LOAN PROGRAMS DONATION 7,500

PETOSKEY HARBOR SPRINGS AREA COMMUNITY FOUNDATION

1349 US-131 SUITE A
PETOSKEY,MI49770 		NONE PC WINTER SPORTS PARK FUND; GENERAL SUPPORT 2,000

PETOSKEY HIGH SCHOOL SKI BOOSTERS

722 E MITCHELL ST
PETOSKEY,MI49770 		NONE PC BEGINNER GREEN DONOR 250

PINE RIVER ARTS COUNCIL INC

PO BOX 444
ALMA,MI48801 		NONE PC GENERAL SUPPORT 250

POSITIVE IMPACT FOR LIFE

6026 KALAMAZOO AVE SE 110
GRAND RAPIDS,MI49508 		NONE PC GENERAL SUPPORT 2,900

PRIMAL OUTFITTERS INC

55460 32ND AVE
BANGOR,MI49013 		NONE PC CHEERS FOR PEERS DONATION 500

PULLEN ELEMENTARY SCHOOL PTO

251 S BROWN ST
MT PLEASANT,MI48858 		NONE PC CHEERS FOR PEERS DONATION 500

ROCKFORD COMMUNITY SERVICE CENTER

10075 NORTHLAND DR
ROCKFORD,MI49341 		NONE PC GENERAL SUPPORT 4,000

SAFE HAVEN HUMANE SOCIETY

PO BOX 55
IONIA,MI48846 		NONE PC CHEERS FOR PEERS DONATION 500

SAFE HAVEN MINISTRIES INC

2627 BIRCHCREST DR SE
GRAND RAPIDS,MI49506 		NONE PC GENERAL SUPPORT 3,000

SAGINAW FUTURE INC

515 N WASHINGTON 3RD FLOOR
SAGINAW,MI48607 		NONE PC GENERAL SUPPORT 2,500

SAMARITAS

8131 E JEFFERSON AVE
DETROIT,MI48312 		NONE PC ALLEN MANOR AHP PROJECT 5,000

SEEDING CHANGE

1903 W MICHIGAN AVE
KALAMAZOO,MI49008 		NONE PC FALL SLAM EVENT 500

SEEDS OF PROMISE

1168 MADISON AVE SE
GRAND RAPIDS,MI49507 		NONE PC PEACE MEAL SPONSOR; FINANCIAL LITERACY TRAINING SUPPORT 3,700

SERVICE CORPS OF RETIRED EXECUTIVES ASSOCIATION

250 MONROE AVE NW STE 150
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 1,000

SLEEP IN HEAVENLY PEACE INC

PO BOX 390780
OMAHA,NE68139 		NONE PC 100 BUSINESSES THAT CARE DONATION 500

SOUTH CHRISTIAN HIGH SCHOOL

7979 KALAMAZOO AVE SE
BYRON CENTER,MI49315 		NONE PC STRONG FOUNDATIONS 5K SPONSORSHIP 1,000

SOUTHWEST MICHIGAN FIRST CORPORATION

PO BOX 50827
KALAMAZOO,MI49005 		NONE PC GENERAL SUPPORT 10,000

SPARROW FOUNDATION

1322 E MICHIGAN AVE SUITE 204
LANSING,MI48912 		NONE PC EVERY STORY CAPITAL CAMPAIGN 3,200

ST CHARLES AREA MUSEUM

103 S SAGINAW ST
ST CHARLES,MI48655 		NONE PC GENERAL SUPPORT 500

START GARDEN LLC

40 PEARL NW 200
GRAND RAPIDS,MI49503 		NONE PC GENERAL SUPPORT 7,500

STEM GREENHOUSE INC

140 MONROE CENTER NW SUITE 300
GRAND RAPIDS,MI49503 		NONE PC 100 BUSINESSES THAT CARE DONATION 500

TELAMON CORPORATION

5560 MUNFORD RD STE 201
RALEIGH,NC27612 		NONE PC HOUSING & FINANCIAL EMPOWERMENT PROGRAM 3,000

THE E TEAM OUTDOOR MINISTRIES

PO BOX 244
GREENVILLE,MI48838 		NONE PC GENERAL SUPPORT 700

THE GREENVILLE AREA COMMUNITY FOUNDATION

225 N LAFAYETTE
GREENVILLE,MI48838 		NONE PC 2023 LACF CORP SPONSOR 1,000

THE PANTRY

4301 KALAMAZOO AVE SE STE 25
GRAND RAPIDS,MI49508 		NONE PC GENERAL SUPPORT 500

THE REFUGEE EDUCATION CENTER

2130 ENTERPRISE ST SE
KENTWOOD,MI49508 		NONE PC GENERAL SUPPORT 1,500

THE SALVATION ARMY

1700 S BURDICK ST
KALAMAZOO,MI49001 		NONE PC GENERAL SUPPORT 1,000

TREETOPS COLLECTIVE

906 DIVISION AVE SOUTH
GRAND RAPIDS,MI49507 		NONE PC CONCENTRIC PROGRAM SUPPORT 3,000

TRIPOINT CHURCH OF GOD

831 W MILLER RD
MIO,MI48647 		NONE PC FOOD PANTRY DONATION 100

UNITED CHURCH OUTREACH MINISTRY INCORPORATED

1311 CHICAGO DR SW
WYOMING,MI49509 		NONE PC GENERAL SUPPORT 2,500

UNITED WAY OF GRATIOT & ISABELLA COUNTIES

524 E MOSHER ST SUITE 400
MT PLEASANT,MI48858 		NONE PC ADOPT A FAMILY SPONSOR 2023; GENERAL SUPPORT 10,500

UNITED WAY OF MONTCALM IONIA COUNTIES

302 S BRIDGE ST SUITE 1
BELDING,MI48809 		NONE PC SPONSOR A CLASSROOM 200

UNIVERSITY REHABILITATION ALLIANCE INC

3181 SANDHILL RD
MASON,MI48854 		NONE PC GENERAL SUPPORT 6,000

VALLEY FAMILY CHURCH

2500 VINCENT AVE
PORTAGE,MI49024 		NONE PC LOVE WEEK 2023 DONATION 2,000

VETERANS IN CRISIS

PO BOX 2028
TRAVERSE CITY,MI49685 		NONE PC CHEERS FOR PEERS DONATION 500

VETERANS4 USA INC

4 KENSINGTON CIRCLE APT C
MT PLEASANT,MI48858 		NONE PC GENERAL SUPPORT 250

WE CARE SHOP

10020 WOODLAWN ST
ST HELEN,MI48656 		NONE PC GENERAL SUPPORT 1,000

WEDGWOOD CHRISTIAN SERVICES

3300 36TH ST SE
GRAND RAPIDS,MI49512 		NONE PC GENERAL SUPPORT 1,500

WELLSPRING COMMUNITY CHURCH OF JENISON

4466 BAUER RD
HUDSONVILLE,MI49426 		NONE PC CHEERS FOR PEERS DONATION 500

WEST MICHIGAN ASIAN AMERICAN ASSOCIATION INC

818 BUTTERWORTH ST SW STE 12
GRAND RAPIDS,MI49504 		NONE PC GENERAL SUPPORT 1,500

WEST MICHIGAN CENTER FOR ARTS AND TECHNOLOGY

614 FIRST ST NW STE 300
GRAND RAPIDS,MI49504 		NONE PC CONFLUENCE THOUGHT SERIES 1,000

WEST MICHIGAN SPORTS COMMISSION

300 OTTAWA AVE NW SUITE 240
GRAND RAPIDS,MI49503 		NONE PC WINNING STREAK CAMPAIGN DUGOUT SPONSOR 30,000

WEST MICHIGAN SUSTAINABLE BUSINESS FORUM

PO BOX 68696
GRAND RAPIDS,MI49516 		NONE PC TRIPLE BOTTOM LINE BASH 2023 SPONSOR 1,000

WINNING FUTURES

27500 COSGROVE DR
WARREN,MI48092 		NONE PC GENERAL SUPPORT 7,500

WOMENS RESOURCE CENTER

816 MADISON AVE SE
GRAND RAPIDS,MI49507 		NONE PC GENERAL SUPPORT 1,500

WOMENS RESOURCE CENTER FOR THE GRAND TRAVERSE AREA

720 S ELMWOOD STE 2
TRAVERSE CITY,MI49684 		NONE PC GENERAL SUPPORT 250

YOUNG WOMENS CHRISTIAN ASSOC OF KALAMAZOO

353 E MICHIGAN AVE
KALAMAZOO,MI49007 		NONE PC GENERAL SUPPORT 1,200
Total .................................right arrow 3a 517,820
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 26  
4 Dividends and interest from securities ....     14 121,271  
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 ............ 		    18 18,410  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 139,707 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
139,707
(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 (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
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
2023
Name of the organization
THE MERCANTILE BANK FOUNDATION
 
Employer identification number

87-4152774
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE MERCANTILE BANK FOUNDATION
  		Employer identification number
87-4152774
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
MERCANTILE BANK CORPORATION
 
310 LEONARD ST NW
 
GRAND RAPIDS, MI49504

$ 666,042


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE MERCANTILE BANK FOUNDATION
  		Employer identification number

87-4152774
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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE MERCANTILE BANK FOUNDATION
  		Employer identification number

87-4152774
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 8,446 4,223 0 4,223

TY 2023 InvestmentsCorpStockSchedule
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Name of Stock End of Year Book Value End of Year Fair Market Value
INVESTMENTS - CORPORATE STOCK 3,984,254 3,804,726

TY 2023 InvestmentsOtherSchedule2
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENTS - OTHER AT COST 1,600,815 1,818,938

TY 2023 LegalFeesSchedule
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 7,251 0 0 7,251


TY 2023 OtherExpensesSchedule
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OFFICE EXPENSES 325 0 0 0


TY 2023 OtherIncomeSchedule2
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME   1,993  


TY 2023 OtherProfessionalFeesSchedule
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT SERVICE FEES 16,373 16,373 0 0
OTHER PROFESSIONAL FEES 20 0 0 0


TY 2023 TaxesSchedule
Name:
THE MERCANTILE BANK FOUNDATION
EIN:
87-4152774
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX 0 3,976 0 0
EXCISE TAX 3,298 0 0 0