STEELCASE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- STEELCASE FOUNDATION (EIN 38-6050470)
- Tax period
- 2020-12-01 to 2021-11-30
- Filed
- 2022-11-01
- IRS object ID
- 202233059349100333
- Schema version
- 2020v4.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Contractor Compensation Expln
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-01T11:05:12-05:00 | ReturnTs |
| Tax Period End | 2021-11-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 OTTAWA AVE NW STE 300 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-12-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 386050470 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEELCASE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LESLIE SCHOEN | InCareOfNm |
| Business Name Control | STEE | BusinessNameControlTxt |
| Phone | 6162464695 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1967 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495011967 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DANIEL WILLIAMS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6162464695 | PhoneNum |
| Signature | 2022-10-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DANIEL | PersonFirstNm |
| Person Last | WILLIAMS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jacob Cook | PreparerPersonNm |
| PTIN | P01240455 | PTIN |
| Phone | 6167747000 | PhoneNum |
| Preparation | 2022-10-17 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $141,307,595 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $121,846 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $424,803 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $271,397 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,766,007 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $14,564,643 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,766,007 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $544,126 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $3,759,500 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,856,782 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,796,904 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $161,881 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $16,188 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $145,693 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $189,162 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $18,916 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $170,246 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $58,303 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $5,830 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $52,473 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $54,868 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $38,407 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $16,460 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,710,706 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $452,447 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $20,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $96,632 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $51,479 | TaxesNetInvstIncmAmt |
| Occupancy Rev And Expnss | $324 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $32 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $292 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,410 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $1,410 | TravConfMeetingDsbrsChrtblAmt |
| Printing And Pub Rev And Expnss | $15,485 | PrintingAndPubRevAndExpnssAmt |
| Printing And Pub Dsbrs Chrtbl | $15,485 | PrintingAndPubDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $62,693 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $1,273,693 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $56,475 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,351,464 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,856,992 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $478,534 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,394,602 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,359,539 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,746,066 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,856,992 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,838,073 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,889,284 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,939,912 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,849,901 | CashBOYAmt |
| Cash EOY | $5,425,373 | CashEOYAmt |
| Cash EOYFMV | $5,425,373 | CashEOYFMVAmt |
| Acct Rcvbl | $0 | AcctRcvblAmt |
| Acct Rcvbl BOY | $3,635,574 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Nts And Loans Rcvbl | $0 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $270,872 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $4,615,689 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,933,243 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $3,933,243 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $101,985,232 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $131,948,979 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $131,948,979 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $54,685 | OtherAssetsBOYAmt |
| Total Assets BOY | $113,411,953 | TotalAssetsBOYAmt |
| Total Assets EOY | $141,307,595 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $141,307,595 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $3,021,871 | GrantsPayableBOYAmt |
| Grants Payable EOY | $2,216,726 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $3,021,871 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $2,216,726 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $111,122,607 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $139,090,869 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $111,122,607 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $139,090,869 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $114,144,478 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $141,307,595 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $111,122,607 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,889,284 | ExcessRevenueOverExpensesAmt |
| Other Increases | $29,857,546 | OtherIncreasesAmt |
| Subtotal | $139,090,869 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $139,090,869 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| GAIN FROM PUB. TRADED SECURITIES | $13,154,038 | $11,798,636 | $1,355,402 | $1,355,402 |
| ST FROM PASS-THROUGH INVESTMENTS | -$242,183 | |||
| LT FROM PASS-THROUGH INVESTMENTS | $1,652,788 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,766,007 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $68,665 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $68,665 | SubtotalAmt |
| Tax Based On Investment Income | $68,665 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $104,685 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $104,685 | TotalPaymentsAndCreditsAmt |
| Overpayment | $36,020 | OverpaymentAmt |
| Applied To ES Tax | $36,020 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.STEELCASEFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LESLIE SCHOEN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6162464695 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 901 44TH STREET SE | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49508 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JULIE RIDENOUR | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | PRESIDENT (THROUGH FEB. 2021) | 40.0 | $36,637 | $4,356 | $4,557 |
| KATE PEW WOLTERS | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | BOARD CHAIR | 1.0 | $0 | $0 | $0 |
| ROBERT C PEW III | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| MARY ANNE HUNTING | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| JAMES P KEANE | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE (through july 2021) | 1.0 | $0 | $0 | $0 |
| ELIZABETH WELCH | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| CRAIG NIEMANN | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| ROBERT C PEW | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| BRIAN CLOYD | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE | 1.0 | $0 | $0 | $0 |
| daniel williams | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | president (began feb. 2021) | 40.0 | $125,244 | $4,209 | $2,210 |
| SARA ARMBRUSTER | ||||||||
| PO BOX 1967 | GRAND RAPIDS | MI | 495011967 | TRUSTEE (BEGAN JULY 2021) | 1.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LESLIE SCHOEN | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1967 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495011967 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | FND. ADMINISTRATOR | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $59,904 | CompensationAmt |
| Employee Benefits | $3,387 | EmployeeBenefitsAmt |
| Expense Account | $13,752 | ExpenseAccountAmt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CAMBRIDGE ASSOCIATES | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4100 FAIRFAX DR 1300 | AddressLine1Txt |
| City | ARLINGTON | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22203 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | AGENT | ServiceTypeTxt |
| Compensation | $235,703 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $118,980,087 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,685,815 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $123,665,902 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $123,665,902 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,854,989 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $121,810,913 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,090,546 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,090,546 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $68,665 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $68,665 | TotalTaxAmt |
| Distributable Before Adj | $6,021,881 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $6,021,881 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $6,021,881 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,838,073 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $4,838,073 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,838,073 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,021,881 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $98,316 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $453,529 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $71,563 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $534,879 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,158,287 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,838,073 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $4,838,073 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $1,158,287 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $1,158,287 | ExcessDistributionCyovAppCYAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $25,521 | UndistributedIncomeCYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NA | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LESLIE SCHOEN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1967 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 495011967 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 6162464695 | RecipientPhoneNum |
| Form And Info And Materials | PLEASE SEE STATEMENT ATTACHED, OR VISIT HTTPS://WWW.STEELCASEFOUNDATION.ORG/GRANT-PROCESS/ FOR DETAIL. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | PLEASE SEE STATEMENT ATTACHED, OR VISIT HTTPS://WWW.STEELCASEFOUNDATION.ORG/GRANT-PROCESS/ FOR DETAI | SubmissionDeadlinesTxt |
| Restrictions On Awards | PLEASE SEE STATEMENT ATTACHED, OR VISIT HTTPS://WWW.STEELCASEFOUNDATION.ORG/GRANT-PROCESS/ FOR DETAIL. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | Address Line2RecipientUSAddress/AddressLine2Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|---|
| CULTURE AND COMMUNITY SEE ATTACHED LISTING | ||||||||
| DIRECT GRANTS PAID 985800 | MATCHING GIFTS 62429 | GRAND RAPIDS | MI | 49501 | NONE | PC | PLEASE SEE ATTACHED LISTING | $1,048,229 |
| EDUCATION SEE ATTCHED LISTING | ||||||||
| DIRECT GRANTS PAID 1917609 | MATCHING GIFTS 474402 | GRAND RAPIDS | MI | 49501 | NONE | PC | PLEASE SEE ATTACHED LISTING | $2,392,011 |
| HEALTH SEE ATTACHED LISTING | ||||||||
| DIRECT GRANTS PAID NONE | MATCHING GIFTS NONE | GRAND RAPIDS | MI | 49501 | NONE | PC | PLEASE SEE ATTACHED LISTING | $0 |
| HUMAN SERVICESOCIAL JUSTICE SEE ATTACHED LISTING | ||||||||
| DIRECT GRANTS PAID 816948 | MATCHING GIFTS 41097 | GRAND RAPIDS | MI | 49501 | NONE | PC | PLEASE SEE ATTACHED LISTING | $858,045 |
| ENVIRONMENTCONSERVATION SEE ATTACHED LISTING | ||||||||
| DIRECT GRANTS PAID NONE | MATCHING GIFTS 61254 | GRAND RAPIDS | MI | 49501 | NONE | PC | PLEASE SEE ATTACHED LISTING | $61,254 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,359,539 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (5 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CULTURE AND COMMUNITY SEE ATTACHED LISTING | |||||||
| GRANTS APPROVED 190000 | GRAND RAPDIS | MI | 49503 | NONE | PC | PLEASE SEE ATTACHED LISTING | $190,000 |
| EDUCATION SEE ATTACHED LISTING | |||||||
| GRANTS APPROVED 1117118 | GRAND RAPIDS | MI | 49503 | NONE | PC | PLEASE SEE ATTACHED LISTING | $1,117,118 |
| HEALTH SEE ATTACHED LISTING | |||||||
| GRANTS APPROVED NONE | GRAND RAPIDS | MI | 49503 | NONE | PC | PLEASE SEE ATTACHED LISTING | $0 |
| HUMAN SERVICESOCIAL JUSTICE SEE ATTACHED LISTING | |||||||
| GRANTS APPROVED 734698 | GRAND RAPIDS | MI | 49503 | NONE | PC | PLEASE SEE ATTACHED LISTING | $734,698 |
| ENVIRONMENTCONSERVATION SEE ATTACHED LISTING | |||||||
| GRANTS APPROVED NONE | GRAND RAPIDS | MI | 49503 | NONE | PC | PLEASE SEE ATTACHED LISTING | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $2,041,816 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $424,803 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,766,007 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| REIMBURSEMENT FROM STEELCASE, INC. FOR | 13 | $554,126 |
| SALARIES AND EXPENSES OF THE DEPARTMENT |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3,744,936 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,744,936 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Person | CAMBRIDGE ASSOCIATES | ContractorPersonNm |
| Explanation | CAMBRIDGE ASSOCIATES PROVIDES INVESTMENT MANAGEMENT SERVICES. | ExplanationTxt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| HS MANAGEMENT PARTNERS | $3,933,243 | $3,933,243 |
| (LIST OF SECURITIES ATTACHED) |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (81 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ALTERNATIVE INVESTMENTS | |||
| ACCOLADE PARTNERS IV, LP | FMV | $2,359,498 | $2,359,498 |
| ACCOLADE PARTNERS V, LP | FMV | $3,517,631 | $3,517,631 |
| ACCOLADE PARTNERS VI, LP | FMV | $2,566,901 | $2,566,901 |
| ACCOLADE PARTNERS VII, LP | FMV | $1,234,967 | $1,234,967 |
| ACCOLADE PARTNERS VIII, LP | FMV | $436,954 | $436,954 |
| ACCOLADE GROWTH | FMV | $921,204 | $921,204 |
| AETHER REAL ASSETS II | FMV | $808,677 | $808,677 |
| AETHER REAL ASSETS III | FMV | $1,295,625 | $1,295,625 |
| AETHER REAL ASSETS IV | FMV | $2,007,613 | $2,007,613 |
| AETHER REAL ASSETS V | FMV | $1,484,482 | $1,484,482 |
| AKINA | FMV | $1,230,030 | $1,230,030 |
| ALPHADYNE | FMV | $1,718,014 | $1,718,014 |
| AMERICAN SECURITIES VIII | FMV | $1,309,407 | $1,309,407 |
| ASIA ALTERNATIVE V | FMV | $1,352,559 | $1,352,559 |
| ASIA ALTERNATIVE VI | FMV | $91,534 | $91,534 |
| ASIA DELAWARE | FMV | $118,411 | $118,411 |
| CITY OF LONDON GLBL. EM. MTK | FMV | $3,153,471 | $3,153,471 |
| CLEAR VENTURES II | FMV | $366,676 | $366,676 |
| CORTEC VII | FMV | $1,814,534 | $1,814,534 |
| DAVIDSON KEMPNER INT'L | FMV | $2,798,683 | $2,798,683 |
| D.E. SHAW BROAD MKT CORE FD | FMV | $9,534,212 | $9,534,212 |
| DOVER STREET VIII | FMV | $196,889 | $196,889 |
| DOVER IX | FMV | $802,170 | $802,170 |
| DOVER X | FMV | $1,047,233 | $1,047,233 |
| ECLIPSE CONTINUITY FUND I | FMV | $709,452 | $709,452 |
| ECLIPSE CONTINUITY FUND II | FMV | $1,498,085 | $1,498,085 |
| ECLIPSE CONTINUITY FUND III | FMV | $2,289,791 | $2,289,791 |
| EIV | FMV | $1,115,664 | $1,115,664 |
| FIVE ELMS III | FMV | $1,117,410 | $1,117,410 |
| FIVE ELMS IV | FMV | $1,236,101 | $1,236,101 |
| FIVE ELMS V | FMV | $107,781 | $107,781 |
| GLOBAL RESEARCH | FMV | $2,940,924 | $2,940,924 |
| GRAIN COMMUNICATIONS | FMV | $310,312 | $310,312 |
| HIGHBAR PARTNERS | FMV | $935,286 | $935,286 |
| HITCHWOOD | FMV | $1,678,129 | $1,678,129 |
| INDABA | FMV | $2,223,120 | $2,223,120 |
| INDUS ASIA PACIFIC | FMV | $3,111 | $3,111 |
| INDUS JAPAN | FMV | $675 | $675 |
| INDUS PACIFIC | FMV | $0 | $0 |
| IR&M CORE BOND II | FMV | $9,283,902 | $9,283,902 |
| JMI EQUITY | FMV | $738,560 | $738,560 |
| KILTEARN GLOBAL EQUITY FUND | FMV | $1,838,894 | $1,838,894 |
| KLINE HILL II | FMV | $2,025,752 | $2,025,752 |
| KLINE HILL III/KOHLBERG IX | FMV | $2,130,270 | $2,130,270 |
| KOHLBERG IX | FMV | $836,125 | $836,125 |
| LEERINK REV. HEALTHCARE FD I | FMV | $776,309 | $776,309 |
| LEERINK FUND II | FMV | $1,382,910 | $1,382,910 |
| LEERINK FUND III | FMV | $81,515 | $81,515 |
| LITTLEJOHN FUND V | FMV | $1,286,051 | $1,286,051 |
| LITTLEJOHN FUND VI | FMV | $781,208 | $781,208 |
| LONE JUNIPER | FMV | $0 | $0 |
| MFS INTERNATIONAL GROWTH | FMV | $4,382,537 | $4,382,537 |
| MITHRIL | FMV | $884,114 | $884,114 |
| NITORUM CAPITAL | FMV | $1,943,039 | $1,943,039 |
| OVERLOOK | FMV | $2,452,317 | $2,452,317 |
| PELHAM | FMV | $1,350,870 | $1,350,870 |
| PINEBRIDGE | FMV | $2,123,667 | $2,123,667 |
| PROPHET EQUITY II | FMV | $556,394 | $556,394 |
| ROUND HILL MUSIC ROYALTY FD | FMV | $6,112 | $6,112 |
| ROUND HILL MUSIC ROYALTY II | FMV | $901,220 | $901,220 |
| SANDERSON INTL VAL. TB. FREE | FMV | $4,112,228 | $4,112,228 |
| SGOF LIQUIDATING FEEDER | FMV | $230,458 | $230,458 |
| SILVERSMITH CAPITAL | FMV | $4,231,973 | $4,231,973 |
| SILVERSMITH CAPITAL II | FMV | $2,240,044 | $2,240,044 |
| SILVERSMITH CAPITAL III | FMV | $454,698 | $454,698 |
| SOUTHERN CROSS LATIN PRIVATE | FMV | $488,366 | $488,366 |
| VIA SEED TECHNOLOGY PARTNERS | FMV | $3,267,794 | $3,267,794 |
| VITRUVIAN PARTNERS III | FMV | $2,203,866 | $2,203,866 |
| VITRUVIAN PARTNERS IV | FMV | $314,951 | $314,951 |
| VULCAN VVP | FMV | $4,707,343 | $4,707,343 |
| WHALE ROCK | FMV | $1,565,385 | $1,565,385 |
| MUTUAL FUNDS | |||
| IVA WORLDWIDE FUND | FMV | $0 | $0 |
| VAN ECK GLOBAL HARD ASSETS | FMV | $0 | $0 |
| VANGUARD SHORT-TERM BOND | FMV | $2,203,198 | $2,203,198 |
| VANGUARD 500 INDEX | FMV | $7,069,684 | $7,069,684 |
| PRINCIPAL DIVERSIFIED REAL | FMV | $2,251,713 | $2,251,713 |
| PRIVATE EQUITY FUNDS | |||
| PANTHEON EUROPE FUND V B LP | FMV | $913,470 | $913,470 |
| PANTHEON USA FUND VII, LP | FMV | $1,598,826 | $1,598,826 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX REFUNDABLE | Desc |
| BOY Book Value | $54,685 | BOYBookValueAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SOFTWARE AND TECHNOLOGY | $61,928 | $6,193 | $55,735 |
| MISC. EXPENSES | $439 | $0 | $439 |
| DUES AND SUBSCRIPTIONS | $72 | $0 | $72 |
| OFFICE SUPPLIES | $254 | $25 | $229 |
| . | |||
| OTHER EXPENSES/DEDUCTIONS | |||
| FROM PASSTHROUGH INVESTMENTS | $1,267,475 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CONTRIBUTION FROM STEELCASE INC. FOR | ||
| SALARIES AND EXPENSES OF THE DEPARTMENT | $544,126 | |
| . | ||
| INCOME FROM PASS-THROUGH INVESTMENTS | ||
| INTEREST | $211,274 | |
| DIVIDENDS | $643,199 | |
| ROYALTIES | $306,892 | |
| OTHER INCOME/loss | $2,598,135 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN | Desc |
| Amt | $29,857,546 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INV. MANAGEMENT & AGENCY FEES | CategoryTxt |
| Amt | $1,710,706 | Amt |
| Net Investment Income | $452,447 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL EXCISE TAX | $96,632 | |
| FOREIGN TAXES PAID | $51,479 |