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
STEVE & AMY VAN ANDEL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)3133 ORCHARD VISTA DRIVE SE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
GRAND RAPIDS, MI49546
A Employer identification number

20-2110604
B Telephone number (see instructions)

(616) 942-3268
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$99,226,020J 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)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 450,952 450,952  
4 Dividends and interest from securities... 1,283,748 1,283,748  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
1,378,640
b Gross sales price for all assets on line 6a 13,993,191
7 Capital gain net income (from Part IV, line 2)... 1,378,640
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
754,122 754,122  
12 Total. Add lines 1 through 11........ 3,867,462 3,867,462  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 178,654      
14 Other employee salaries and wages...... 74,617      
15 Pension plans, employee benefits....... 51,736      
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
9,500     9,500
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
397,435 397,435    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
36,787 36,787    
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
22,004     22,004
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 770,733 434,222   31,504
25 Contributions, gifts, grants paid....... 7,833,503 7,833,503
26 Total expenses and disbursements. Add lines 24 and 25 8,604,236 434,222   7,865,007
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -4,736,774
b Net investment income (if negative, enter -0-) 3,433,240
c Adjusted net income (if negative, enter -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.............      
2 Savings and temporary cash investments......... 6,601,119 4,741,688 4,741,688
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.......... 7,624 8,227 8,227
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 91,227,933 Click to see attachment
List of Attached Documents:
// Content
94,476,105 		94,476,105
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) 97,836,676 99,226,020 99,226,020
Liabilities 17 Accounts payable and accrued expenses.......... 19,806 22,877
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)......... 19,806 22,877
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 97,816,870 99,203,143
29 Total net assets or fund balances (see instructions)..... 97,816,870 99,203,143
30 Total liabilities and net assets/fund balances (see instructions). 97,836,676 99,226,020
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
97,816,870
2
Enter amount from Part I, line 27a .....................
2
-4,736,774
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
6,123,047
4
Add lines 1, 2, and 3 ..........................
4
99,203,143
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
99,203,143
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 SEE ATTACHED MERRILL LYNCH 03143 P 2022-12-01 2023-06-30
b WT11 23COMPAGNIE FINANCI CHF P 2021-01-01 2023-01-25
c SEE ATTACHED MERRILL LYNCH 03143 P 2021-01-01 2023-06-30
d WT11 23COMPAGNIE FINCI CHF P 2021-01-01 2023-01-25
e ENACT HLDGS INC P 2022-03-22 2023-02-28
SEE ATTACHED MERRILL LYNCH 02924 P 2022-12-01 2023-06-30
CIVITAS RESOURCES INC P 2021-01-01 2023-03-03
SEE ATTACHED MERRILL LUNCH 02924 P 2021-01-01 2023-06-30
IAMGOLD CORP P 2016-09-30 2023-01-23
SEE ATTACHED MERRILL LYNCH 02924 P 2023-08-21 2023-08-21
KINROSS GOLD CORP P 2021-01-01 2023-12-14
SEE ATTACHED MERRILL LYNCH 03282 P 2021-12-01 2023-06-30
LOEWS CORP P 2021-01-01 2023-10-17
SEE ATTACHED MERRILL LUNCH 03282 P 2021-01-01 2023-06-30
MGIC INVT CORP WISH P 2022-01-07 2023-10-04
SEE ATTACHED MERRILL LYNCH 03282 P 2013-05-02 2023-05-01
MICRON TECHNOLOGY INC P 2015-10-29 2023-03-29
SEE ATTACHED MERRILL LYNCH 02140 P 2022-12-01 2023-06-30
TEXTAINER GROUP HOLDINGS LTD P 2021-01-01 2023-06-30
SEE ATTACHED MERRILL LYNCH 02140 P 2021-01-01 2023-06-30
TAYLPR MORRISON HOME CORP CL A P 2017-11-02 2023-06-30
SEE ATTACHED MERRILL LYNCH 02693 P 2022-12-01 2023-06-30
VITESSE ENERGY INC P 2021-01-01 2023-06-30
SEE ATTACHED MERRILL LYNCH 02693 P 2021-01-01 2023-06-30
CABLE ONE INC. P 2021-01-01 2023-06-30
OTHER - CALAMOS & SJC ONSHORE P 2021-01-01 2023-06-30
UNILEVER PLC P 2021-01-01 2023-06-30
ADABELLE CAPITAL P 2021-01-01 2023-06-30
CIE FINANCIERE RICHMONT P 2021-01-01 2023-05-22
(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 74,053   106,321 -32,268
b 2,188   392 1,796
c 741,242   691,301 49,941
d 939   224 715
e 7,733   7,231 502
1,593,030   1,525,903 67,127
36,690   18,452 18,238
854,853   792,430 62,423
12,912   19,517 -6,605
31     31
42,564   28,097 14,467
1,146,528   1,159,501 -12,973
32,355   26,035 6,320
880,555   958,835 -78,280
23,542   21,770 1,772
13,000   13,000  
24,882   6,573 18,309
3,387,350   3,363,316 24,034
93,377   73,569 19,808
3,044,082   2,824,639 219,443
69,193   35,000 34,193
25,215   24,145 1,070
5,498   1,837 3,661
523,606   441,257 82,349
11,652   36,438 -24,786
591,333     591,333
72,051   63,560 8,491
290,737     290,737
11,094   5,491 5,603
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       -32,268
b       1,796
c       49,941
d       715
e       502
      67,127
      18,238
      62,423
      -6,605
      31
      14,467
      -12,973
      6,320
      -78,280
      1,772
       
      18,309
      24,034
      19,808
      219,443
      34,193
      1,070
      3,661
      82,349
      -24,786
      591,333
      8,491
      290,737
      5,603
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 1,378,640
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 60,496
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 47,722
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 47,722
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 47,722
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 92,318
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 102,318
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 54,596
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow54,596 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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
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
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)
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 arrowJASON GUST Telephone no.right arrow (616) 574-2741

Located atright arrow3133 ORCHARD VISTA DR SEGRAND RAPIDSMI ZIP+4right arrow49546
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)
 
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
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
 
 
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)
 
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
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
STEPHEN A VAN ANDEL TRUSTEE
000.00 		0 0 0
P O BOX 74
ADA,MI49301
AMY C VAN ANDEL EXEC DIRECTO
000.00 		178,654 0 0
P O BOX 74
ADA,MI49301
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
DEBRAH RUSHLO EXEC. ASSIST
000.00 		74,617    
2504 ROSA CASA LANE
ROCKFORD,MI49341
Total number of other employees paid over $50,000...................right arrow  
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
ADABELLE CAPITAL II LS AR & RA INVESTMENT MGMT 99,381
250 MONROE AVENUE NW
SUITE 600
GRAND RAPIDS,MI49503
MERRILL LYNCH - WESTFIELD INVESTMENT MGMT 72,275
250 MONROE AVENUE NW
SUITE 600
GRAND RAPIDS,MI49503
MERRILL LYNCH - LAZARD INVESTMENT MGMT 55,474
250 MONROE AVENUE NW
SUITE 600
GRAND RAPIDS,MI49503
ADABELLE CAPITAL II LONGSHORT INVESTMENT MGMT 53,523
250 MONROE AVENUE NW
SUITE 600
GRAND RAPIDS,MI49503
Total number of others receiving over $50,000 for professional services.............right arrow  
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
89,508,997
b
Average of monthly cash balances.......................
1b
6,609,713
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
96,118,710
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
96,118,710
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,441,781
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
94,676,929
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
4,733,846
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
4,733,846
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
47,722
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
47,722
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
4,686,124
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
4,686,124
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
4,686,124
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
7,865,007
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
7,865,007
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 4,686,124
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......  
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 2,063,684
c From 2020...... 2,325,507
d From 2021...... 3,115,900
e From 2022...... 2,467,740
f Total of lines 3a through e ........ 9,972,831
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 7,865,007
a Applied to 2022, 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 2023 distributable amount..... 4,686,124
e Remaining amount distributed out of corpus 3,178,883
5 Excess distributions carryover applied to 2023.    
(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 13,151,714
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		13,151,714
10 Analysis of line 9:
a Excess from 2019.... 2,063,684
b Excess from 2020.... 2,325,507
c Excess from 2021.... 3,115,900
d Excess from 2022.... 2,467,740
e Excess from 2023.... 3,178,883
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

ADA HISTORICAL SOCIETY

7144 HEADLEY SE
PO BOX 741
ADA,MI49301 		  PC COMMUNITY DEVELOPMENT 1,000

ADA TOWNSHIP

PO BOX 370
ADA,MI49301 		  PC COMMUNITY DEVELOPMENT 500

AMERICAN ENTERPRISE INSTITUTE FOR
PUBLIC POLICY RESEARCH
1789 MASSACHUSETTS AVE NW
WASHINGTON,DC200362103 		  PC PUBLIC POLICY 20,000

ANTIQUES AND GARDEN SHOW OF
NASHVILLE INC
PO BOX 50950
NASHVILLE,TN372050950 		  PC COMMUNITY DEVELOPMENT 5,000

ARBOR HOSPICE INC

2366 OAK VALLEY DRIVE
ANN ARBOR,MI48103 		  PC HEALTH & HUMAN SERVICES 12,500

BAXTER COMMUNITY CENTER

935 BAXTER STREET SE
GRAND RAPIDS,MI49506 		  PC HEALTH & HUMAN SERVICES 30,000

BELLA MENTE QUANTUM RACING
ASSOCIATION
333 S 7TH ST STE 3100
MINNEAPOLIS,MN554022442 		  POF ARTS & CULTURE 250,000

BETHEL COMMUNITY EDUCATION

6070 KUTTSHILL DR NE
ROCKFORD,MI49341 		  PC EDUCATION 50,000

BRODYS BE CAF LLC

7267 THORNAPPLE RIVER DR
SE
ADA,MI49301 		  PC COMMUNITY DEVELOPMENT 75,000

CAMP ROGER

8356 BELDING ROAD
ROCKFORD,MI49341 		  PC CHRISTIAN INSTITUTIONS 37,000

CHILDRENS ADVOCACY CENTER

2855 MICHIGAN ST NE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 10,000

CHILDRENS HEALING CENTER

1530 FULTON ST E
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 333,333

CITY OF HARBOR SPRINGS

160 ZOLL STREET
HARBOR SPRINGS,MI49740 		  PC COMMUNITY DEVELOPMENT 50,000

CORWELL HEALTH WES MICHIGAN
FOUNDATION
100 MICHIGAN STREET NE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 110,000

CORNERSTONE UNIVERSITY

3181 BRADFORD NE
GRAND RAPIDS,MI49525 		  PC EDUCATION 15,000

CROOKED TREE ARTS COUNCIL INC

461 E MITCHELL ST
PETOSKEY,MI49770 		  PC ARTS & CULTURE 3,500

DA BLODGETT - ST JOHNS

2172 DEAN LAKE AVE NE
GRAND RAPIDS,MI49505 		  PC HEALTH & HUMAN SERVICES 2,500

DAVENPORT UNIVERSITY FOUNDATION

6191 KRAFT AVENUE SE
GRAND RAPIDS,MI49512 		  SO I EDUCATION 5,000

ELITE GREYHOUND ADOPTIONS INC

336 ROCKRIDGE RD
PARIS,KY40361 		  PC COMMUNITY DEVELOPMENT 50,000

EQUEST CENTER FOR THERAPEUTIC
RIDING INC
3777 RECTOR NE
ROCKFORD,MI49341 		  PC COMMUNITY DEVELOPMENT 8,000

EQUEST CENTER FOR THERAPEUTIC
RIDING INC
3777 RECTOR NE
ROCKFORD,MI49341 		  PC COMMUNITY DEVELOPMENT 8,000

FAMILY PROMISE OF GRAND RAPIDS

516 CHERRY STREET SE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 25,000

FAMILY PROMISE OF GRAND RAPIDS

516 CHERRY STREET SE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 50,000

FOLDS OF HONOR GRAND RAPIDS

1739 ELIZABETH AVE NW
GRAND RAPIDS,MI49504 		  PC COMMUNITY DEVELOPMENT 3,000

FREDERIK MEIJER GARDENS & SCULPTURE
PARK
1000 EAST BELTLINE NE
GRAND RAPIDS,MI49525 		  PC ARTS & CULTURE 20,000

GRAND RAPIDS ART MUSEUM

101 MONROE CENTER STREET
NW
GRAND RAPIDS,MI49503 		  PC ARTS & CULTURE 500

GRAND RAPIDS ART MUSEUM

101 MONROE CENTER STREET
NW
GRAND RAPIDS,MI49503 		  PC ARTS & CULTURE 1,500

GRAND RAPIDS CATHOLIC SECONDARY
SCHOOL
319 SHELDON BLVD SE
GRAND RAPIDS,MI49503 		  PC EDUCATION 100,000

GRAND RAPIDS DOWNTOWN MARKET
EDUCATION FOUNDATION
435 IONIA AVE SW
GRAND RAPIDS,MI49503 		  PC EDUCATION 1,000

GRAND RAPIDS ECONOMIC CLUB

220 LYON ST NW STE 220
GRAND RAPIDS,MI49503 		  PC COMMUNITY DEVELOPMENT 25,000

GRAND RAPIDS PUBLIC MUSEUM

272 PEARL STREET NW
GRAND RAPIDS,MI495045371 		  PC ARTS & CULTURE 50,000

GRAND RAPIDS PUBLIC SCHOOLS
FOUNDATION
125 OTTAWA AVE SUITE 210
GRAND RAPIDS,MI49503 		  PC EDUCATION 2,500

GREATER HARBOR SPRINGS AREA
PLANNING RESOURCE GROUP
PO BOX 112 210 EAST
MAIN STREET SUITE 4-D
HARBOR SPRINGS,MI497400112 		  PC COMMUNITY DEVELOPMENT 250

GUIDING LIGHT MISSION

255 DIVISION AVENUE S
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 5,000

GUIDING LIGHT MISSION

255 DIVISION AVENUE S
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 5,000

HARBOR SPRINGS FESTIVAL OF THE BOOK

PO BOX 766
HARBOR SPRINGS,MI497400766 		  PC ARTS & CULTURE 100,000

HARBOR SPRINGS PUBLIC SCHOOLS

800 STATE STREET
HARBOR SPRINGS,MI49740 		  PC EDUCATION 5,000

HEART OF WEST MICHIGAN UNITED WAY

UNITED WAY CENTER 118
COMMERCE AVE SW
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 10,000

HEART OF WEST MICHIGAN UNITED WAY

UNITED WAY CENTER 118
COMMERCE AVE SW
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 10,000

HILLSDALE COLLEGE

33 EAST COLLEGE STREET
HILLSDALE,MI492421298 		  PC EDUCATION 3,000,000

HISTORICAL SOCIETY OF MICHIGAN

7435 WESTSHIRE DRIVE
LANSING,MI48917 		  PC ARTS & CULTURE 15,000

HOME REPAIR SERVICES OF KENT COUNTY
INC
1100 S DIVISION AVENUE
GRAND RAPIDS,MI49507 		  PC HEALTH & HUMAN SERVICES 1,000

HOSPICE OF MICHIGAN INC

989 SPAULDING AVE SE
ADA,MI49301 		  PC HEALTH & HUMAN SERVICES 112,500

HOSPICE OF MICHIGAN INC

989 SPAULDING AVE SE
ADA,MI49301 		  PC HEALTH & HUMAN SERVICES 11,920

HUNT2HEAL

3714 28TH ST SW
GRANDVILLE,MI49418 		  PC HEALTH & HUMAN SERVICES 20,000

JOHN BALL ZOOLOGICAL SOCIETY

1300 W FULTON STREET
GRAND RAPIDS,MI49504 		  PC ARTS & CULTURE 2,500

KENT COUNTY PARKS FOUNDATION

PO BOX 230165
GRAND RAPIDS,MI495230165 		  SO III FI COMMUNITY DEVELOPMENT 5,000

KENT DISTRICT LIBRARY

814 W RIVER CENTER DR NE
COMSTOCK PARK,MI493218955 		  PC COMMUNITY DEVELOPMENT 2,000

KENT DISTRICT LIBRARY

814 W RIVER CENTER DR NE
COMSTOCK PARK,MI493218955 		  PC COMMUNITY DEVELOPMENT 5,000

KENTUCKY HORSE PARK FOUNDATION

4075 IRON WORKS PARKWAY
LEXINGTON,KY40511 		  PC ARTS & CULTURE 500

KENTUCKY HORSE PARK FOUNDATION

4075 IRON WORKS PARKWAY
LEXINGTON,KY40511 		  PC ARTS & CULTURE 1,500

KIDS FOOD BASKET

1300 PLYMOUTH AVENUE NE
GRAND RAPIDS,MI49505 		  PC HEALTH & HUMAN SERVICES 25,000

LITERACY CENTER OF WEST MICHIGAN

1120 MONROE AVE NW
STE 240
GRAND RAPIDS,MI49503 		  PC EDUCATION 25,000

MARY FREE BED REHABILITATION
HOSPITAL FOUNDATION
235 WEALTHY ST SE
GRAND RAPIDS,MI495035247 		  SO I HEALTH & HUMAN SERVICES 15,000

MARY FREE BED REHABILITATION
HOSPITAL FOUNDATION
235 WEALTHY ST SE
GRAND RAPIDS,MI495035247 		  SO I HEALTH & HUMAN SERVICES 250,000

MCLAREN NORTHERN MICHIGAN
FOUNDATION
360 CONNABLE AVE
PETOSKEY,MI49770 		  SO I HEALTH & HUMAN SERVICES 50,000

MEALS ON WHEELS WESTERN MICHIGAN IN
INC
2900 WILSON AVE SW
SUITE 500
GRANDVILLE,MI49418 		  PC CHRISTIAN INSTITUTIONS 5,000

NORTHPOINTE CHRISTIAN SCHOOLS

3101 LEONARD STREET NE
GRAND RAPIDS,MI495255832 		  PC EDUCATION 5,000

POLO TRAINING FOUNDATION

852 E ROAD
LOXAHATCHEE,FL33470 		  PC ARTS & CULTURE 1,000

POTTERS HOUSE

810 VAN RAALTE DRIVE SW
GRAND RAPIDS,MI49509 		  PC EDUCATION 30,000

ROOSEVELT PARK MINISTRIES INC

1530 GRANDVILLE AVENUE SW
GRAND RAPIDS,MI495038046 		  PC HEALTH & HUMAN SERVICES 500

SAFE HAVEN MINISTRIES

2627 BIRCHCREST DRIVE SE
GRAND RAPIDS,MI49506 		  PC HEALTH & HUMAN SERVICES 5,000

SAINT MARY'S FOUNDATION

200 JEFFERSON AVENUE SE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 5,000

SAINT THOMAS EDUCATIONAL FOUNDATION

1449 WILCOX PARK DR SE
GRAND RAPIDS,MI495061753 		  PC EDUCATION 15,000

SCHOOL EMERGENCY RESPONSE COALITION

PO BOX 50
CEDAR SPRINGS,MI49319 		  PC COMMUNITY DEVELOPMENT 30,000

SENIOR NEIGHBORS INC

678 FRONT AVENUE NW
SUITE 205
GRAND RAPIDS,MI49504 		  PC COMMUNITY DEVELOPMENT 3,000

SPECIAL OLYMPICS MICHIGAN INC

160 68TH STREET SW
GRAND RAPIDS,MI49548 		  PC HEALTH & HUMAN SERVICES 2,000

STREAMS OF HOPE

280 60TH STREET SE
SUITE 100
GRAND RAPIDS,MI495488504 		  PC HEALTH & HUMAN SERVICES 30,000

THE ACTION INSTITUTE FOR THE STUDY
OF RELIGION AND LIBERTY
98 EAST FULTON STREET
GRAND RAPIDS,MI49503 		  PC PUBLIC POLICY 2,500

THE CLAREMONT INSTITUTE FOR THE
STUDY OF STATEMANSHIP AND POLITICAL PHILOSOPHY
1317 WEST FOOTHILL BLVD
SUITE 120
UPLAND,CA91786 		  PC PUBLIC POLICY 1,000

THE GEORGE W BUSH FOUNDATION

2943 SMU BOULEVARD
DALLAS,TX75205 		  PC PUBLIC POLICY 1,000,000

THE GERALD R FORD FOUNDATION

303 PEARL STREET C/O
GERALD R FORD MUSEUM
GRAND RAPIDS,MI49504 		  PC ARTS & CULTURE 5,000

THE HERITAGE FOUNDATION

214 MASSACHUSETTS AVE
NE
WASHINGTON,DC200024999 		  PC PUBLIC POLICY 10,000

THE PHILANTHROPY ROUNDTABLE

1120 20TH STREET NW
SUITE 550 SOUTH
WASHINGTON,DC20036 		  PC PUBLIC POLICY 500

THE YOUNG AMERICANS INC

1132 OLYMPIC DR
CORONA,CA928813390 		  PC ARTS & CULTURE 10,000

TIP OF THE MITT WATERSHED COUNCIL

426 BAY ST
PETOSKEY,MI497702428 		  PC COMMUNITY DEVELOPMENT 500

TIP OF THE MITT WATERSHED COUNCIL

426 BAY ST
PETOSKEY,MI497702428 		  PC COMMUNITY DEVELOPMENT 500

TRAFFIC SQUAD FUND INC

701 BALL AVE NE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 15,000

TRAFFIC SQUAD FUND INC

701 BALL AVE NE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 60,000

TRILLIUM INSTITUTE

2100 RAYBROOK ST SE
STE 300
GRAND RAPIDS,MI495465783 		  SO I HEALTH & HUMAN SERVICES 500,000

UNITED METHODIST RETIREMENT
COMMUNITIES INC
3600 E FULTON ST
GRAND RAPIDS,MI495461935 		  PC HEALTH & HUMAN SERVICES 5,000

UNIVERSITY OF MICHIGAN HEALTH-WEST
FOUNDATION
5900 BYRON CENTER SW
WYOMING,MI49519 		  PC HEALTH & HUMAN SERVICES 1,000,000

UNIVERSITY OF MICHIGAN HEALTH-WEST
FOUNDATION
5900 BYRON CENTER SW
WYOMING,MI49519 		  PC HEALTH & HUMAN SERVICES 30,000

VAN ANDEL RESEARCH INSTITUTE

333 BOSTWICK NE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 10,000

WEDGWOOD CHRISTIAN SERVICES

3300 36TH STREET SE
GRAND RAPIDS,MI49512 		  PC HEALTH & HUMAN SERVICES 20,000
Total .................................right arrow 3a 7,833,503
bApproved for future payment

BELLA MENTE QUANTUM RACING
ASSOCIATION
333 S 7TH ST STE 3100
MINEAPOLIS,MN554022442 		  POF ART & CULTURE 250,000

CHILDRENS HEALING CENTER
1530 FUTLON ST E
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 666,667

COREWELL HEALTH WEST MICHIGAN
FOUNDATION
100 MICHIGAN STREET NE
GRAND RAPIDS,MI49503 		  PC HEALTH & HUMAN SERVICES 220,000

FREDERICK MEIJER GARDENS &
SCULPTURE PARK
1000 EAST BELTLINE NE
GRAND RAPIDS,MI49525 		  PC ARTS & CULTURE 20,000

HARBOR SPRINGS FESTIVAL OF THE BOOK
PO BOX 766
HARBOUR SPRINGS,MI497400766 		  PC ARTS & CULTURE 100,000

HOSPICE OF MICHIGAN INC
989 SPAULDING AVE SE
ADA,MI49301 		  PC HEALTH & HUMAN SERVICES 125,000

LITERACY CENTER OF WEST MICHIGAN
1120 MONROE AVE NW
STE 240
GRAND RAPIDS,MI49503 		  PC EDUCATION 100,000

THE GEORGE W BUSH PRESIDENTIAL
LIBRARY FOUNDATION
6116 NORTH CENTRAL
EXPRESSWAY SUITE 400
DALLAS,TX75206 		  PC PUBLIC POLICY 2,000,000

UNIVERSITY OF MICHIGAN HEALTH-WEST
FOUNDATION
5900 BYRON CENTER SW
WYOMING,MI49519 		  PC HEALTH & HUMAN SERVICES 2,000,000
Total ................................. right arrow 3b 5,481,667
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 ........... 		    14 450,952  
4 Dividends and interest from securities ....     14 1,283,748  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 754,122  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 1,378,640  
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) ..   3,867,462  
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,867,462
(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.
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with the preparer shown below?
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 Firm's EIN SmallBullet
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 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 9,500     9,500

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TY 2023 GainLossSaleOtherAssetsSch
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
SEE ATTACHED MERRILL LYNCH 0328 SUPP 2022-12 PURCHASE 2023-06   116,165 116,165        
SEE ATTACHED MERRILL LYNCH 0328 SUPP 2021-01 PURCHASE 2023-06   253,552 253,552        

TY 2023 InvestmentsOtherSchedule2
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
PENN SQUARE FMV    
NOTHERN TRUST - WESTFIELD FMV 7,936,916 7,936,916
GOLDMAN SACHS DISTRESSED FMV 56,681 56,681
GOLDMAN SACHS VINTAGE FMV 26,586 26,586
SMITH BARNEY - HAMILTON LANE FMV    
ADABELLE CAPITAL II FMV 41,536,724 41,536,724
LORD ABBETT FMV 407,412 407,412
PRUDENTIAL ST BOND FUND FMV 15,276,907 15,276,907
LAZARD FMV 4,715,173 4,715,173
CALAMOS FMV 2,381,988 2,381,988
GARDNER RUSSO FMV 2,674,701 2,674,701
SJC OFFSHORE FMV 1,928,646 1,928,646
DONALD SMITH FMV 3,407,040 3,407,040
MD SASS FMV 2,798,692 2,798,692
BAHL & GAYNOR FMV 6,327,693 6,327,693
NEUBERGER BERMAN FMV 5,000,946 5,000,946

TY 2023 OtherExpensesSchedule
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
INSURANCE 5,956     5,956
POSTAGE 277     277
DUES & FEES 322     322
TELECOMMUNICATIONS 435     435
OFFICE SUPPLIES 872     872
BANK SERVICE CHARGES 1,531     1,531
COMPUTER EXPENSES 12,611     12,611


TY 2023 OtherIncomeSchedule2
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CALAMOS GLOBAL OPPORTUNITIES 84,510 84,510  
SJC ONSHORE DIRECT LENDING 3 186,224 186,224  
ADABELLE SUBPART F INCOME 483,388 483,388  


TY 2023 OtherIncreasesSchedule
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Description Amount
INCREASE IN UNREALIZED APPRCIATION 6,123,047


TY 2023 OtherProfessionalFeesSchedule
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT & CUSTODIAL FEES 373,958 373,958    
INVESTMENT OPERATING EXPENSES 23,477 23,477    


TY 2023 TaxesSchedule
Name:
STEVE & AMY VAN ANDEL FOUNDATION
EIN:
20-2110604
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES WITHHELD FROM DIVI 36,787 36,787