TY 2023 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
right arrow

Go 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
JIM GILMORE JR FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)162 E MICHIGAN AVE
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
KALAMAZOO, MI49007

A Employer identification number

36-3584018

B Telephone number (see instructions)

(269) 381-3490

C If exemption application is pending, check here right arrow

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. right arrow

2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... right arrow

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... right arrow

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) right arrow

$16,262,032J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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	(d) Disbursements for charitable purposes (cash basis only)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments	36		36
4	Dividends and interest from securities...	164,979		164,979
5a	Gross rents............	2,029,838		2,029,838
b	Net rental income or (loss) 321,187
6a	Net gain or (loss) from sale of assets not on line 10		35,532
b	Gross sales price for all assets on line 6a 35,532
7	Capital gain net income (from Part IV, line 2)...			35,532
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).......	List of Attached Documents: // Content	154,149	127,049
12	Total. Add lines 1 through 11........	2,384,534		2,357,434
13	Compensation of officers, directors, trustees, etc.	223,127		65,138	157,989
14	Other employee salaries and wages......	188,040		142,136	45,904
15	Pension plans, employee benefits.......	46,752		32,161	14,591
16a	Legal fees (attach schedule).........	List of Attached Documents: // Content	13,943	1,710	12,233
b	Accounting fees (attach schedule).......	List of Attached Documents: // Content	5,250	3,925	1,325
c	Other professional fees (attach schedule)....	List of Attached Documents: // Content	123,303	122,022	1,281
17	Interest...............	63,867		63,867	0
18	Taxes (attach schedule) (see instructions)...	List of Attached Documents: // Content	311,357	274,870	28,987
19	Depreciation (attach schedule) and depletion...	List of Attached Documents: // Content	402,270	392,048
20	Occupancy..............	32,144		23,486	8,658
21	Travel, conferences, and meetings.......	1,472		1,472	0
22	Printing and publications..........
23	Other expenses (attach schedule).......	List of Attached Documents: // Content	933,564	913,645	11,544
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	2,345,089		2,036,480	282,512
25	Contributions, gifts, grants paid.......	371,373			371,373
26	Total expenses and disbursements. Add lines 24 and 25	2,716,462		2,036,480	653,885
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-331,928
b	Net investment income (if negative, enter -0-)			320,954
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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	276,150	150,338	150,338
	3	Accounts receivable 2,612
		Less: allowance for doubtful accounts	4,689	2,612	2,612
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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) 550,000
		Less: allowance for doubtful accounts 0	600,000	550,000	550,000
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........	114,172	96,783	96,783
	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 11,747,744
		Less: accumulated depreciation (attach schedule) 2,984,454	9,152,059	List of Attached Documents: // Content 8,763,290	8,763,290
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	5,642,406	List of Attached Documents: // Content 6,623,526	6,623,526
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	List of Attached Documents: // Content 27,077	List of Attached Documents: // Content 75,483	List of Attached Documents: // Content 75,483
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	15,816,553	16,262,032	16,262,032
	17	Accounts payable and accrued expenses..........	183,492	210,994
	18	Grants payable.................
	19	Deferred revenue.................	422,212	387,028
	20	Loans from officers, directors, trustees, and other disqualified persons
	21	Mortgages and other notes payable (attach schedule)......
	22	Other liabilities (describe )	List of Attached Documents: // Content 2,581,801	List of Attached Documents: // Content 2,467,670
	23	Total liabilities (add lines 17 through 22).........	3,187,505	3,065,692
		Foundations that follow FASB ASC 958, check here
		and complete lines 24, 25, 29 and 30.
	24	Net assets without donor restrictions...........	12,629,048	13,196,340
	25	Net assets with donor restrictions............
		Foundations that do not follow FASB ASC 958, check here
		and complete lines 26 through 30.
	26	Capital stock, trust principal, or current funds........
	27	Paid-in or capital surplus, or land, bldg., and equipment fund
	28	Retained earnings, accumulated income, endowment, or other funds
	29	Total net assets or fund balances (see instructions).....	12,629,048	13,196,340
	30	Total liabilities and net assets/fund balances (see instructions).	15,816,553	16,262,032

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

12,629,048

Enter amount from Part I, line 27a .....................

-331,928

Other increases not included in line 2 (itemize) right arrow

List of Attached Documents:

// Content

899,220

Add lines 1, 2, and 3 ..........................

13,196,340

Decreases not included in line 2 (itemize) right arrow

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .

13,196,340

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
1 a	CAPITAL GAINS DIVIDENDS	P
b	GAIN FROM FORM 6252	P
c
d
e

(e) Gross sales price		(h) Gain or (loss) (e) plus (f) minus (g)
a	348	348
b	35,184	35,184
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			348
b			35,184
c
d
e

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	35,532
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 ...................		3

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 and enter “N/A" on line 1.
	Date of ruling or determination letter: (attach copy of letter if necessary–see instructions)	1	4,461
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	4,461
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	4,461
6	Credits/Payments:

a	2023 estimated tax payments and 2022 overpayment credited to 2023	6a	6,879
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	6,879
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	2,418
11	Enter the amount of line 10 to be: Credited to 2024 estimated tax2,418	Refunded	11	0

Form 990-PF (2023)

Page 4

Part VI-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions

for the definition.................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. right arrow

$ 0

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

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....

Did the foundation have unrelated business gross income of $1,000 or more during the year?.........

Yes

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Yes

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

By language in the governing instrument, or

By state legislation that effectively amends the governing instrument so that no mandatory directions

that conflict with the state law remain in the governing instrument? ................

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address right arrow

WWW.JGFDN.ORG

The books are in care of right arrow

CHRIS SHOOK Telephone no. right arrow

(269) 381-3490

Located at right arrow

162 E MICHIGAN AVEKALAMAZOOMI ZIP+4 right arrow

49007

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

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)

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

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)

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ..............................

1a(2)

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........

1a(3)

(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)

(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)

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 ..........

Organizations relying on a current notice regarding disaster assistance check here ........ right arrow

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? .............

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)):

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?....................

If "Yes," list the years right arrow

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year? ..............................

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.) .....................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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? ..

Form 990-PF (2023)

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........

5a(1)

(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)

(3) Provide a grant to an individual for travel, study, or other similar purposes? .............

5a(3)

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions ........................

5a(4)

(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)

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 ........

Organizations relying on a current notice regarding disaster assistance check ......... right arrow

If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the

tax because it maintained expenditure responsibility for the grant? .................

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? .............................

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?

If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....

Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment during the year? .........................

Part 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
CASE HOOGENDOORN	SECRETARY/TREASURER 1.00	0	0
122 S MICHIGAN AVENUE SUITE 1220 CHICAGO,IL60603	SECRETARY/TREASURER 1.00	0	0
CHRISTOPHER SHOOK	PRESIDENT 50.00	217,127	15,821
162 E MICHIGAN AVE KALAMAZOO,MI49007	PRESIDENT 50.00	217,127	15,821
GEORGE LENNON	DIRECTOR 4.00	6,000	0
4489 FOXFIRE TRAIL PORTAGE,MI49024	DIRECTOR 4.00	6,000	0
MARIETTE LEMIEUX	CHAIR 1.00	0	0
1051 DOGWOOD DR PORTAGE,MI49024	CHAIR 1.00	0	0
ELIZABETH GILMORE BYSTRYCKI	TRUSTEE/DIRECTOR 1.00	0	0
1191 108TH AVE OTSEGO,MI49078	TRUSTEE/DIRECTOR 1.00	0	0
RUTH GILMORE LANGS	VICE CHAIR 1.00	0	0
5270 GEDDES RD ANN ARBOR,MI48105	VICE CHAIR 1.00	0	0

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
SUE BROCKELBANK	COMPTROLLER 50.00	91,809	9,126	0
162 E MICHIGAN AVE KALAMAZOO,MI49007	COMPTROLLER 50.00	91,809	9,126	0
CHARLES ELZINGA	PROPERTY MANAGER 50.00	57,332	16,898	0
162 E MICHIGAN AVE KALAMAZOO,MI49007	PROPERTY MANAGER 50.00	57,332	16,898	0






Total number of other employees paid over $50,000...................				0

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 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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... right arrow

Form 990-PF (2023)

Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

5,878,135

Average of monthly cash balances.......................

597,825

Fair market value of all other assets (see instructions)................

9,790,000

Total (add lines 1a, b, and c).........................

16,265,960

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

2,467,670

Subtract line 2 from line 1d.........................

13,798,290

Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see

instructions) .............................

206,974

Net value of noncharitable-use assets. Subtract line 4 from line 3. ............

13,591,316

Minimum investment return. Enter 5% (0.05) of line 5................

679,566

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.)

Minimum investment return from Part IX, line 6..................

679,566

Tax on investment income for 2022 from Part V, line 5.......

4,461

Income tax for 2022. (This does not include the tax from Part V.) ...

Add lines 2a and 2b............................

4,461

Distributable amount before adjustments. Subtract line 2c from line 1............

675,105

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

675,105

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...

675,105

Part XI

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

653,885

Program-related investments—total from Part VIII-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......

653,885

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					675,105
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only.......				0
b Total for prior years:20 , 20, 20			0
3 Excess distributions carryover, if any, to 2022:
a From 2018......	130,017
b From 2019......
c From 2020......	80,761
d From 2021......	103,988
e From 2022......	268,647
f Total of lines 3a through e ........		583,413
4Qualifying distributions for 2023 from Part
XI, line 4: $ 653,885
a Applied to 2022, but not more than line 2a				0
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2023 distributable amount.....					653,885
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2023.		21,220			21,220
(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		562,193
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) ...		108,797
9 Excess distributions carryover to 2024. Subtract lines 7 and 8 from line 6a ......		453,396
10 Analysis of line 9:
a Excess from 2019....
b Excess from 2020....	80,761
c Excess from 2021....	103,988
d Excess from 2022....	268,647
e Excess from 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 4942(j)(3) or4942(j)(5)

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	(e) Total

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

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

CHRIS SHOOK
162 EAST MICHIGAN AVE
KALAMAZOO,MI49007
(269) 381-3490
CSHOOK@JGFDN.ORG

bThe form in which applications should be submitted and information and materials they should include:

SEE APPLICATION AND GRANTING GUIDELINES AT JGFDN.ORG

cAny submission deadlines:

NONE

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

FOR PUBLIC AND CHARITABLE CAUSES PRIMARILY WITHIN THE COMMUNITY OF KALAMAZOO, MICHIGAN, WITH PARTICULAR EMPHASIS ON THE IMPROVEMENT OF DOWNTOWN KALAMAZOO. APPLICATIONS MAY BE FOR CAPITAL NEEDS OR SPECIAL PROJECT FUNDING.

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
AACORN FARM INC 6409 S 34TH ST KALAMAZOO,MI49048	NONE	PUBLIC	OPERATIONS	2,000
AKPE CHARITABLE FUND 1108 ELYSIAN FIELD DR LAFAYETTE,CO80026	NONE	PUBLIC	OPERATIONS	6,000
ALANO CLUB OF KALAMAOZO 933 S BURDICK ST KALAMAZOO,MI49001	NONE	PUBLIC	HVAC SYSTEM	10,000
ANN ARBOR ART CENTER 117 W LIBERTY ST ANN ARBOR,MI48104	NONE	PUBLIC	OPERATIONS	5,000
ASCENSION BORGESS FOUNDATION 1521 GULL RD KALAMAZOO,MI49048	NONE	PUBLIC	TREE OF LOVE	6,000
BETHANY REFORMED CHURCH 1833 S BURDICK ST KALAMAZOO,MI49001	NONE	PUBLIC	MEMORIAL	150
BIG BROTHERS BIG SISTERS 3501 COVINGTON RD KALAMAZOO,MI49001	NONE	PUBLIC	OPERATIONS	2,500
BRIGHT PROMISE FUND FOR URBAN CHRISTIAN EDUCATION 1550 S STATE ST STE 107 CHICAGO,IL60605	NONE	PUBLIC	OPERATIONS	6,000
BIKE FRIENDLY KALAMAZOO PO BOX 22 PORTAGE,MI49002	NONE	PUBLIC	MURAL	7,000
CALVARY BAPTIST CHURCH 507 N ALBANY ST ITHACA,NY14850	NONE	PUBLIC	ANNUAL FUND	1,000
CATHOLIC CHARITIES OF TOMPKINS CTY 324 W BUFFALO ST ITHACA,NY14850	NONE	PUBLIC	OPERATIONS	500
CATHOLIC SCHOOLS OF GRTR KALAMAZOO 1000 W KILGORE RD KALAMAZOO,MI49008	NONE	PUBLIC	OPERATIONS	15,000
CENTER FOR PUBLIC JUSTICE PO BOX 48368 WASHINGTON,DC20002	NONE	PUBLIC	OPERATIONS	15,000
COMMUNITY HEALING CENTER 2615 STADIUM DR KALAMAZOO,MI49008	NONE	PUBLIC	OPERATIONS	4,500
DEAF & HARD OF HEARING SERVICES 3680 44TH ST KENTWOOD,MI49512	NONE	PUBLIC	OPERATIONS	10,000
FATHERS AGAINST DISTRACTED DRIVING 6544 CYPRESS ST PORTAGE,MI49024	NONE	PUBLIC	MATERIALS	2,000
FRIENDS WITH DISABILITIES 251 N ROSE ST STE 200 KALAMAZOO,MI49007	NONE	PUBLIC	INTERPRETERS	7,000
HURON RIVER WATERSHED COUNCIL 1100 N MAIN ST STE 210 ANN ARBOR,MI48104	NONE	PUBLIC	OPERATIONS	10,000
IRISH AMERICAN PARTNERSHIP 15 BROAD ST 210 BOSTON,MA02109	NONE	PUBLIC	OPERATIONS	500
ITHACA COMMUNITY RECOVERY 518 W SENECA ST ITHACA,NY14850	NONE	PUBLIC	OPERATIONS	500
KALAMAZOO CULTURAL CENTER 359 S KALAMAZOO MALL KALAMAZOO,MI49007	NONE	PUBLIC	CAPITAL	50,000
KALAMAZOO DOWNTOWN PARTNERSHIP 162 E MICHIGAN AVE KALAMAZOO,MI49007	NONE	PUBLIC	OPERATIONS	5,598
KALAMAZOO IN BLOOM PO BOX 20178 KALAMAZOO,MI49019	NONE	PUBLIC	BRONSON PARK	5,000
KALAMAZOO LOAVES & FISHES 901 PORTAGE ST KALAMAZOO,MI49001	NONE	PUBLIC	OPERATIONS	31,000
KALAMAZOO NONPROFIT ADVOCACY COALITION 315 W MICHIGAN AVE KALAMAZOO,MI49007	NONE	PUBLIC	CAPITAL	30,000
KIDS WITHOUT CANCER PO BOX 32783 DETROIT,MI48232	NONE	PUBLIC	OPERATIONS	1,000
KVCC FOUNDATION 6767 W O AVE KALAMAZOO,MI49009	NONE	PUBLIC	OPERATIONS	10,000
MINISTRY W COMMUNITY 500 N EDWARDS ST KALAMAZOO,MI49007	NONE	PUBLIC	STORAGE LOCKERS	10,000
OCEAN CONSERVATION EDUCATION 145 PEARL AVE TAVERNIER,FL33070	NONE	PUBLIC	OPERATIONS	6,000
PAUL SMITH'S COLLEGE 7777 NY-30 PAUL SMITHS,NY12970	NONE	PUBLIC	OPERATIONS	2,000
PRAIRIE EDGE CHRISTIAN REF CHURCH 9316 OAKLAND DR PORTAGE,MI49024	NONE	PUBLIC	OPERATIONS	100
SAINT JOSEPH CATHOLIC CHURCH 936 LAKE ST KALAMAZOO,MI49001	NONE	PUBLIC	OPERATIONS	1,000
SHERMAN LAKE YMCA OUTDOOR CENTER 6225 N 39TH ST AUGUSTA,MI49012	NONE	PUBLIC	OPERATIONS	3,025
SPECIAL DAYS CAMPS 2232 S MAIN ST 161 ANN ARBOR,MI48103	NONE	PUBLIC	OPERATIONS	18,000
ST LUKES ESPISCOPAL CHURCH 540 W LEWISTON AVE FERNDALE,MI48220	NONE	PUBLIC	DELIVERY TRUCK	20,000
STULBURG INTERNATATIONAL STRING COMPETION 359 S KALAMAZOO MALL KALAMAZOO,MI49007	NONE	PUBLIC	OFFICE RENOVATION	20,000
THE WILLIAM GEORGE AGENCY 353 HELMER RD N SPRINGFIELD,MI49037	NONE	PUBLIC	OPERATIONS	2,500
THE UNIVERSITY OF MICHIGAN LAW SCHL 625 S STATE ST ANN ARBOR,MI48109	NONE	PUBLIC	OPERATIONS	5,000
TKO PREMIER SC PO BOX 19293 KALAMAZOO,MI49019	NONE	PUBLIC	OPERATIONS	3,500
WEST MICHIGAN CANCER CENTER 200 N PARK ST KALAMAZOO,MI49007	NONE	PUBLIC	ART WORK WALLS	10,000
WISHBONE PET RESCUE ALLIANCE 1903 W MICHIGAN AVE KALAMAZOO,MI49008	NONE	PUBLIC	OPERATIONS	1,000
WESTERN MICHIGAN UNIVERSITY FOUNDATION 1903 W MICHIGAN AVE KALAMAZOO,MI49008	NONE	PUBLIC	LISTEN TECHNOLOGY/ASL MILLER	16,000
WELLSPRINGCORI TERRY & DANCERS 359 S KALAMAZOO MALL STE 204 KALAMAZOO,MI49007	NONE	PUBLIC	SOUND SYSTEM	10,000
Total ................................. 3a				371,373

bApproved for future payment

Total ................................. 3b				0

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	(e) Related or exempt function income (See instructions.)
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	36
4 Dividends and interest from securities ....			14	164,979
5 Net rental income or (loss) from real estate:
aDebt-financed property......	531110	-35,815
bNot debt-financed property.....			16	357,002
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	35,532
9 Net income or (loss) from special events:			02	18,525
10 Gross profit or (loss) from sales of inventory
11 Other revenue: aMISCELLANEOUS INCOME			16	127,049
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..		-35,815		703,123	0

13Total. Add line 12, columns (b), (d), and (e)..................

667,308

(See worksheet in line 13 instructions to verify calculations.)

Part XV-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVI

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below? See instructions. Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2023)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2023 AccountingFeesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
ACCOUNTANT FEES	5,250	3,925		1,325

- TIN:

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

TY 2023 AmortizationSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description of Amortized Expenses	Date Acquired, Completed, or Expended	Amount Amortized	Deduction for Prior Years	Amortization Method	Current Year Amortization	Net Investment Income	Total Amount of Amortization
LOAN COSTS	2020-01-01	42,895	18,384	7.000000000000	6,128	6,128	24,512
WEBSITE	2020-01-01	5,800	5,800	3.000000000000		0	5,800
LOAN COSTS	2021-07-01	3,265	699	7.000000000000	466	466	1,165

- TIN:

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

TY 2023 DepreciationSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description of Property	Date Acquired	Cost or Other Basis	Prior Years' Depreciation	Computation Method	Rate / Life (# of years)	Current Year's Depreciation Expense	Net Investment Income
1122 PORTAGE ST	2012-01-01	110,067	28,445	SL	39.000000000000	2,822	2,822
LAND-1122 PORTAGE ST	2012-01-01	39,000		L		0	0
FURNACE&AC UNIT & HOOK-UP	2018-06-29	9,727	1,132	SL	39.000000000000	249	249
TWIN FURNACES & A/C UNITS	2018-07-17	38,500	4,401	SL	39.000000000000	987	987
TWIN FIRE PROTECTION	2021-06-30	4,804	190	SL	39.000000000000	123	123
BLDG IMPROVE-124 S KAL MALL	2012-07-01	7,195	7,195	200DB	7.000000000000	0	0
STICKS & STONES CONTRACTOR	2012-01-01	13,011	3,656	SL	39.000000000000	334	334
STICKS & STONES-BLDG SUPPLIES	2012-01-01	1,369	385	SL	39.000000000000	35	35
STICKS & STONES-PLUMBING	2012-01-01	3,914	1,099	SL	39.000000000000	100	100
STICKS & STONES-ELECTRICAL	2012-01-01	4,344	1,220	SL	39.000000000000	111	111
ROOF	2012-01-01	7,942	5,832	150DB	15.000000000000	470	470
FACADE	2012-01-01	20,525	5,767	SL	39.000000000000	526	526
COMERICA-1989	2012-01-01	4,850	3,561	150DB	15.000000000000	286	286
COMERICA-1990	2012-01-01	3,889	2,856	150DB	15.000000000000	230	230
COMERICA-2000	2012-01-01	1,213	891	150DB	15.000000000000	72	72
COMERICA-2001	2012-01-01	55,494	40,748	150DB	15.000000000000	3,277	3,277
COMERICA-2002	2012-01-01	139	102	150DB	15.000000000000	8	8
COMERICA-2003	2012-01-01	3,424	2,514	150DB	15.000000000000	202	202
COMERICA-2004	2012-01-01	30,117	22,114	150DB	15.000000000000	1,778	1,778
COMERICA-2005	2012-01-01	1,361	999	150DB	15.000000000000	80	80
COMERICA-2006	2012-01-01	1,945	1,428	150DB	15.000000000000	115	115
COMERICA-2007	2012-01-01	336	247	150DB	15.000000000000	20	20
COMERICA-2008	2012-01-01	7,682	5,641	150DB	15.000000000000	454	454
COMERICA-2009	2012-01-01	5,198	3,817	150DB	15.000000000000	307	307
COMERICA-2011	2012-01-01	10,372	7,616	150DB	15.000000000000	612	612
151 S ROSE ST	2012-01-01	4,356,735	1,224,168	SL	39.000000000000	111,711	111,711
CARPETING	2016-06-01	104,040	104,040	200DB	5.000000000000	0	0
CARPETING HALLWAY/CONF STE 800/WALKER	2017-06-08	18,616	2,645	SL	39.000000000000	477	477
CARPET/PAINT/ELECTRICAL/WOODWORK 9TH FLOOR	2017-12-01	175,875	22,736	SL	39.000000000000	4,510	4,510
CARPET STE 617	2018-06-21	3,647	425	SL	39.000000000000	94	94
ASBESTOS REMEDIATION 6TH FLOOR	2018-09-13	64,041	7,047	SL	39.000000000000	1,642	1,642
STE 707 RENOVATIONS	2018-08-30	76,228	8,552	SL	39.000000000000	1,955	1,955
RENOVATIONS/FIREPROOFING	2018-09-18	20,991	2,310	SL	39.000000000000	538	538
6TH FLOOR RENOVATIONS	2018-11-26	70,441	7,450	SL	39.000000000000	1,806	1,806
STE 600 SPRINKLER HEADS	2018-12-31	20,708	2,146	SL	39.000000000000	531	531
CARPET-6TH FLOOR	2019-05-17	7,020	5,808	200DB	5.000000000000	809	809
CARPET-LOBBY-ENTRANCES	2019-07-12	3,385	2,800	200DB	5.000000000000	390	390
CARPET	2020-07-14	31,762	13,467	200DB	10.000000000000	3,659	3,659
DOORS	2021-06-04	16,533	654	SL	39.000000000000	424	424
2ND FLOOR-CARPET	2022-12-30	36,078	1,804	200DB	5.000000000000	13,710	13,710
SNOW MELT SYSTEM	2021-10-01	337,013	37,493	150DB	15.000000000000	29,952	29,952
SNOWMELT-BYCE	2021-10-01	2,175	242	150DB	15.000000000000	193	193
A/C-INSTALLED PURGE PUMP	2012-01-01	673	189	SL	39.000000000000	17	17
YORK CHILLER	2012-01-01	17,042	4,789	SL	39.000000000000	437	437
YORK CHILLER PUMP	2012-01-01	1,075	302	SL	39.000000000000	28	28
YORK CHILLER ISN CONTROLS	2012-01-01	795	223	SL	39.000000000000	20	20
YORK CHILLER-VARIABLE SPEED DRIVE SHAFT	2012-01-01	5,097	1,432	SL	39.000000000000	131	131
SPRINKLER SYSTEM	2012-01-01	140	140	200DB	7.000000000000	0	0
2.5 TON MULTISTACK TRANE CHILLERS	2012-01-01	7,832	2,201	SL	39.000000000000	201	201
REWIRING NEW CHILLER	2012-01-01	323	90	SL	39.000000000000	8	8
JCI METASYS BACNET SYSTEM	2014-07-24	17,800	3,860	SL	39.000000000000	456	456
WEST COOLING TOWER DRIVE & MOTOR	2014-07-01	22,970	4,982	SL	39.000000000000	589	589
LARGE AIR HANDLER	2014-09-30	8,700	1,850	SL	39.000000000000	223	223
COMPUTER ROOM WALL MOUNT AC	2017-08-24	7,100	978	SL	39.000000000000	182	182
EAST COOLING TOWER	2017-08-24	22,565	3,110	SL	39.000000000000	579	579
SWITCH GEAR REPAIR	2017-08-31	25,218	3,476	SL	39.000000000000	647	647
WATER SOFTENER SYSTEM	2019-03-12	14,646	4,503	150DB	15.000000000000	1,014	1,014
LAND-COMERICA BLDG	2012-01-01	300,000		L		0	0
LAND-MICHIGAN BLDG	2012-01-01	211,580		L		0	0
MICHIGAN BLDG	2001-01-01	426,840	305,204	SL	39.000000000000	10,946	10,946
BOILER	2003-10-01	40,468	19,934	SL	39.000000000000	1,038	1,038
WATER SOFTENER	2003-10-01	1,965	964	SL	39.000000000000	50	50
CHEMICAL PUMP	2003-11-01	1,212	594	SL	39.000000000000	31	31
IMPROVEMENTS	2007-10-30	19,800	7,702	SL	39.000000000000	508	508
IMPROVEMENTS	2009-07-31	242	83	SL	39.000000000000	6	6
FLOOR SYSTEM	2009-08-27	3,941	1,352	SL	39.000000000000	101	101
SUMP PUMP	2009-10-14	2,881	976	SL	39.000000000000	74	74
BRICK COLUMNS	2009-10-27	8,734	2,959	SL	39.000000000000	224	224
DOORWAY BRICK	2009-12-04	2,150	718	SL	39.000000000000	55	55
DOORWAY BRICK	2009-12-18	7,155	2,392	SL	39.000000000000	183	183
FLOOR IMPROVEMENTS	2009-07-23	1,850	637	SL	39.000000000000	47	47
FLOOR IMPROVEMENTS	2009-08-06	888	306	SL	39.000000000000	23	23
WIRING IMPROVEMENT	2009-03-18	4,413	1,561	SL	39.000000000000	113	113
ELECTRIC IMPROVEMENT	2009-04-24	5,927	2,084	SL	39.000000000000	152	152
CIRCUIT BREAKER	2009-06-18	1,221	423	SL	39.000000000000	31	31
AIR CONDITIONER	2009-03-01	10,451	3,696	SL	39.000000000000	268	268
AIR CONDITIONER	2009-05-22	9,302	3,251	SL	39.000000000000	239	239
A/C SUPPORT FRAME	2009-06-18	4,460	1,548	SL	39.000000000000	114	114
A/C COVER PANELS	2009-08-27	780	268	SL	39.000000000000	20	20
RESTAURANT IMPROVEMENTS	2009-01-01	31,009	11,099	SL	39.000000000000	795	795
IMPROVEMENTS	2009-01-01	6,521	2,333	SL	39.000000000000	167	167
AIR CONDITIONER	2009-01-01	16,030	5,737	SL	39.000000000000	411	411
IMPROVEMENTS	2010-01-15	5,457	1,813	SL	39.000000000000	140	140
FURN & FIXTURES	2001-01-01	64,060	64,060	200DB	7.000000000000	0	0
SNOW MELT SYSTEM	2020-12-31	13,969	2,654	150DB	15.000000000000	1,131	1,131
SNOW MELT SYSTEM-MICHIGAN	2021-10-01	226,932	25,247	150DB	15.000000000000	20,170	20,170
SNOWMELT-BYCE	2021-10-01	5,563	619	150DB	15.000000000000	494	494
2 SPLIT UNITS	2021-07-26	7,925	420	SL	27.500000000000	288	288
SIGNS	2020-04-01	1,861	1,048	200DB	7.000000000000	233	233
WATER SYSTEM	2020-06-01	14,685	8,263	200DB	7.000000000000	1,835	1,835
EXERCISE EQUIPMENT	2020-07-01	38,939	21,910	200DB	7.000000000000	4,865	4,865
BLINDS	2020-04-01	18,250	10,269	200DB	7.000000000000	2,280	2,280
FIXTURES	2023-07-01	13,500		200DB	7.000000000000	11,186	964
COMERICA-1991	2012-01-01	1,180	867	150DB	15.000000000000	70	70
COMERICA-1992	2012-01-01	10,602	7,785	150DB	15.000000000000	626	626
COMERICA-1993	2012-01-01	102	75	150DB	15.000000000000	6	6
COMERICA-1994	2012-01-01	14,654	10,760	150DB	15.000000000000	865	865
COMERICA-1995	2012-01-01	10,064	7,390	150DB	15.000000000000	594	594
COMERICA-1996	2012-01-01	352	259	150DB	15.000000000000	21	21
COMERICA-1997	2012-01-01	2,941	2,160	150DB	15.000000000000	174	174
COMERICA-1998	2012-01-01	1,580	1,160	150DB	15.000000000000	93	93
COMERICA-1999	2012-01-01	2,793	2,051	150DB	15.000000000000	165	165
CONSTRUCTION COSTS	2020-04-01	4,160,938	409,790	SL	27.500000000000	151,307	151,307
LAND-124 S KALAMAZOO MALL	2012-01-01	88,895		L		0	0

- TIN:

TY 2023 InvestmentsLandSchedule2

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Category/ Item	Cost/Other Basis	Accumulated Depreciation	Book Value
1122 PORTAGE ST	110,067	31,267	78,800
LAND-1122 PORTAGE ST	39,000	0	39,000
FURNACE&AC UNIT & HOOK-UP	9,727	1,381	8,346
TWIN FURNACES & A/C UNITS	38,500	5,388	33,112
TWIN FIRE PROTECTION	4,804	313	4,491
BLDG IMPROVE-124 S KAL MALL	7,195	7,195	0
STICKS & STONES CONTRACTOR	13,011	3,990	9,021
STICKS & STONES-BLDG SUPPLIES	1,369	420	949
STICKS & STONES-PLUMBING	3,914	1,199	2,715
STICKS & STONES-ELECTRICAL	4,344	1,331	3,013
ROOF	7,942	6,302	1,640
FACADE	20,525	6,293	14,232
COMERICA-1989	4,850	3,847	1,003
COMERICA-1990	3,889	3,086	803
COMERICA-2000	1,213	963	250
COMERICA-2001	55,494	44,025	11,469
COMERICA-2002	139	110	29
COMERICA-2003	3,424	2,716	708
COMERICA-2004	30,117	23,892	6,225
COMERICA-2005	1,361	1,079	282
COMERICA-2006	1,945	1,543	402
COMERICA-2007	336	267	69
COMERICA-2008	7,682	6,095	1,587
COMERICA-2009	5,198	4,124	1,074
COMERICA-2011	10,372	8,228	2,144
151 S ROSE ST	4,356,735	1,335,879	3,020,856
CARPETING	104,040	104,040	0
CARPETING HALLWAY/CONF STE 800/WALKER	18,616	3,122	15,494
CARPET/PAINT/ELECTRICAL/WOODWORK 9TH FLOOR	175,875	27,246	148,629
CARPET STE 617	3,647	519	3,128
ASBESTOS REMEDIATION 6TH FLOOR	64,041	8,689	55,352
STE 707 RENOVATIONS	76,228	10,507	65,721
RENOVATIONS/FIREPROOFING	20,991	2,848	18,143
6TH FLOOR RENOVATIONS	70,441	9,256	61,185
STE 600 SPRINKLER HEADS	20,708	2,677	18,031
CARPET-6TH FLOOR	7,020	6,617	403
CARPET-LOBBY-ENTRANCES	3,385	3,190	195
CARPET	31,762	17,126	14,636
DOORS	16,533	1,078	15,455
2ND FLOOR-CARPET	36,078	15,514	20,564
SNOW MELT SYSTEM	337,013	67,445	269,568
SNOWMELT-BYCE	2,175	435	1,740
A/C-INSTALLED PURGE PUMP	673	206	467
YORK CHILLER	17,042	5,226	11,816
YORK CHILLER PUMP	1,075	330	745
YORK CHILLER ISN CONTROLS	795	243	552
YORK CHILLER-VARIABLE SPEED DRIVE SHAFT	5,097	1,563	3,534
SPRINKLER SYSTEM	140	140	0
2.5 TON MULTISTACK TRANE CHILLERS	7,832	2,402	5,430
REWIRING NEW CHILLER	323	98	225
JCI METASYS BACNET SYSTEM	17,800	4,316	13,484
WEST COOLING TOWER DRIVE & MOTOR	22,970	5,571	17,399
LARGE AIR HANDLER	8,700	2,073	6,627
COMPUTER ROOM WALL MOUNT AC	7,100	1,160	5,940
EAST COOLING TOWER	22,565	3,689	18,876
SWITCH GEAR REPAIR	25,218	4,123	21,095
WATER SOFTENER SYSTEM	14,646	5,517	9,129
LAND-COMERICA BLDG	300,000	0	300,000
LAND-MICHIGAN BLDG	211,580	0	211,580
MICHIGAN BLDG	426,840	316,150	110,690
BOILER	40,468	20,972	19,496
WATER SOFTENER	1,965	1,014	951
CHEMICAL PUMP	1,212	625	587
IMPROVEMENTS	19,800	8,210	11,590
IMPROVEMENTS	242	89	153
FLOOR SYSTEM	3,941	1,453	2,488
SUMP PUMP	2,881	1,050	1,831
BRICK COLUMNS	8,734	3,183	5,551
DOORWAY BRICK	2,150	773	1,377
DOORWAY BRICK	7,155	2,575	4,580
FLOOR IMPROVEMENTS	1,850	684	1,166
FLOOR IMPROVEMENTS	888	329	559
WIRING IMPROVEMENT	4,413	1,674	2,739
ELECTRIC IMPROVEMENT	5,927	2,236	3,691
CIRCUIT BREAKER	1,221	454	767
AIR CONDITIONER	10,451	3,964	6,487
AIR CONDITIONER	9,302	3,490	5,812
A/C SUPPORT FRAME	4,460	1,662	2,798
A/C COVER PANELS	780	288	492
RESTAURANT IMPROVEMENTS	31,009	11,894	19,115
IMPROVEMENTS	6,521	2,500	4,021
AIR CONDITIONER	16,030	6,148	9,882
IMPROVEMENTS	5,457	1,953	3,504
FURN & FIXTURES	64,060	64,060	0
SNOW MELT SYSTEM	13,969	3,785	10,184
SNOW MELT SYSTEM-MICHIGAN	226,932	45,417	181,515
SNOWMELT-BYCE	5,563	1,113	4,450
2 SPLIT UNITS	7,925	708	7,217
SIGNS	1,861	1,281	580
LOAN COSTS	42,895	24,512	18,383
WEBSITE	5,800	5,800	0
WATER SYSTEM	14,685	10,098	4,587
EXERCISE EQUIPMENT	38,939	26,775	12,164
BLINDS	18,250	12,549	5,701
LOAN COSTS	3,265	1,165	2,100
FIXTURES	13,500	11,186	2,314
COMERICA-1991	1,180	937	243
COMERICA-1992	10,602	8,411	2,191
COMERICA-1993	102	81	21
COMERICA-1994	14,654	11,625	3,029
COMERICA-1995	10,064	7,984	2,080
COMERICA-1996	352	280	72
COMERICA-1997	2,941	2,334	607
COMERICA-1998	1,580	1,253	327
COMERICA-1999	2,793	2,216	577
CONSTRUCTION COSTS	4,160,938	561,097	3,599,841
LAND-124 S KALAMAZOO MALL	88,895	0	88,895

- TIN:

TY 2023 InvestmentsOtherSchedule2

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Category/ Item	Listed at Cost or FMV	Book Value	End of Year Fair Market Value
GREENLEAF TRUST	FMV	6,623,526	6,623,526

- TIN:

TY 2023 LegalFeesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
LEGAL FEES	12,233	0		12,233
LEGAL FEES	1,710	1,710		0

- TIN:

TY 2023 OtherAssetsSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description	Beginning of Year - Book Value	End of Year - Book Value	End of Year - Fair Market Value
LOAN COSTS	27,077	20,483	20,483
WORK IN PROCESS	0	55,000	55,000

- TIN:

TY 2023 OtherExpensesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description	Revenue and Expenses per Books	Net Investment Income	Disbursements for Charitable Purposes
WORKERS COMP INSURANCE	10,507	5,673	5,034
OFFICE	3,590	3,590	0
TELEPHONE	1,694	0	1,694
INSURANCE	4,816	0	4,816
GOLF OUTING EXPENSES	8,575	0	0
INSURANCE	669	669	0
REPAIRS & MAINTENANCE	765	765	0
SUPPLIES	13	13	0
TELEPHONE	3,823	3,823	0
ADVERTISING	450	450	0
INSURANCE	40,907	40,907	0
SUPPLIES	19,656	19,656	0
REPAIRS & MAINTENANCE	65,177	65,177	0
CONTRACT SERVICES	219,911	219,911	0
UTILITIES	381,269	381,269	0
INSURANCE	720	720	0
UTILITIES	9,664	9,664	0
CONTRACT SERVICES	1,748	1,748	0
INSURANCE	6,053	6,053	0
REPAIRS & MAINTENANCE	30,255	30,255	0
UTILITIES	7,491	7,491	0
SUPPLIES	161	161	0
CONTRACT SERVICES	2,493	2,493	0
ADVERTISING	450	450	0
TELEPHONE	2,129	2,129	0
REPAIRS & MAINTENANCE	13,595	13,595	0
UTILITIES	16,519	16,519	0
SUPPLIES	3,936	3,936	0
CONTRACT SERVICES	17,132	17,132	0
ADVERTISING	5,466	5,466	0
LEASE OF SPACES	47,336	47,336	0
AMORTIZATION	6,594	6,594	0

- TIN:

TY 2023 OtherIncomeSchedule2

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description	Revenue And Expenses Per Books	Net Investment Income	Adjusted Net Income
MISCELLANEOUS INCOME	127,049	127,049	127,049
GROSS INCOME FROM SPECIAL FUNDRAISING EVENTS	27,100		27,100

- TIN:

TY 2023 OtherIncreasesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description	Amount
UNREALIZED GAINS/LOSSES ON INVESTMENTS	899,220

- TIN:

TY 2023 OtherLiabilitiesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Description	Beginning of Year - Book Value	End of Year - Book Value
LONG TERM DEBT	2,581,801	2,467,670

- TIN:

TY 2023 OtherProfessionalFeesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
INVEST MGMT FEES	47,121	47,121	0
OTHER	40	40	0
PAYROLL PROCESSING FEES	1,281	0	1,281
COMMISSIONS	23,218	23,218	0
COMMISSIONS	2,195	2,195	0
COMMISSIONS	49,448	49,448	0

- TIN:

TY 2023 TaxesSchedule

Name:

JIM GILMORE JR FOUNDATION

EIN:

36-3584018

Category	Amount	Net Investment Income	Disbursements for Charitable Purposes
FOREIGN TAXES	307	307	0
PAYROLL TAXES	26,831	13,002	13,829
PROPERTY TAXES-FDN PORTION	15,158	0	15,158
EXCISE TAXES	7,500	0	0
PROPERTY TAXES	6,608	6,608	0
PROPERTY TAXES	197,778	197,778	0
PROPERTY TAXES	6,420	6,420	0
PROPERTY TAXES	50,755	50,755	0