JONATHAN AND MARY KAY BORISCH FAMILY FOUNDATION: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- JONATHAN AND MARY KAY BORISCH FAMILY FOUNDATION (EIN 27-3008834)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-11-08
- IRS object ID
- 201923129349100522
- Schema version
- 2018v3.1
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- 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 | 2019-11-08T10:59:04-06:00 | ReturnTs |
| Tax Period End | 2018-12-31 | 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 | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 273008834 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JONATHAN & MARY KAY BORISCH FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % CHRISTOPHER J STARK | InCareOfNm |
| Business Name Control | JONA | BusinessNameControlTxt |
| Phone | 6169809987 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 146 MONROE CENTER Suite STE 300 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JONATHAN L BORISCH | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 6164195440 | PhoneNum |
| Signature | 2019-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Katie L Ferris | PreparerPersonNm |
| PTIN | P00539320 | PTIN |
| Phone | 6167747000 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 50.203.204.82 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 38868920193125000004 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2019-11-08 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 7B80407CE6F4605B6AF93D28A5052FBD3D976E7F | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | E48A5CA3C3DA43C71C10C78CC4DFBAC9A8903812 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,196,508 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $88,614 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $88,614 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $743,718 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,256,733 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $820,923 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $273 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,843 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $832,605 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $919,380 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $6,171 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,086 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,085 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $14,076 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $12,361 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $1,715 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,882 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $382 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $1,350 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $21,440 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $30,479 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $37,269 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $4,800 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,249,250 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,249,250 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,279,729 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $37,269 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,254,050 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,447,124 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $882,111 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,403 | CashBOYAmt |
| Cash EOY | $85,873 | CashEOYAmt |
| Cash EOYFMV | $85,873 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $330,162 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,849,375 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,849,375 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $2,981,793 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,466,377 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,037,890 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $1,319,508 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,300,489 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,223,370 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $4,633,866 | TotalAssetsBOYAmt |
| Total Assets EOY | $11,702,114 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,196,508 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $635 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $0 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $635 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $4,606,667 | CapitalStockBOYAmt |
| Capital Stock EOY | $4,606,667 | CapitalStockEOYAmt |
| Retained Earning BOY | $26,564 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,095,447 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,633,231 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $11,702,114 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $4,633,866 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $11,702,114 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,633,231 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,447,124 | ExcessRevenueOverExpensesAmt |
| Other Increases | $9,516,007 | OtherIncreasesAmt |
| Subtotal | $11,702,114 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $11,702,114 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| PNC PUBLIC SECURITIES - ST | $610,895 | $577,983 | $32,912 | $32,912 |
| PNC PUBLIC SECURITEIS - LT | $4,645,838 | $3,935,032 | $710,806 | $710,806 |
| ENTRUST - ST | $27 | |||
| ENTRUST - LT | $77,178 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $820,923 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,648 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $4,929,009 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.000537 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,732 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $4,421,314 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.000392 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $26,200 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $4,421,686 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.005925 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $685,260 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $4,574,348 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.149805 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,069,367 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $6,286,280 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.170111 | DistributionYr5Rt |
| Total Distribution | 0.32677 | TotalDistributionRt |
| Average Distribution | 0.065354 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $9,473,990 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $619,163 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,821 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $627,984 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,254,050 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $8,821 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $8,821 | SubtotalAmt |
| Tax Based On Investment Income | $8,821 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,355 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $21,355 | TotalPaymentsAndCreditsAmt |
| Overpayment | $12,534 | OverpaymentAmt |
| Applied To ES Tax | $12,534 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | 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 | Yes (true) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHRISTOPHER J STARK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6169809980 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 146 MONROE CENTER STE 300 | AddressLine1Txt |
| City | GRAND RAPIDS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49503 | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JONATHAN L BORISCH | ||||||||
| 146 MONROE CENTER | GRAND RAPIDS | MI | 49503 | PRESIDENT | 1.0 | $0 | $0 | $0 |
| MARY K BORISCH | ||||||||
| 146 MONROE CENTER | GRAND RAPIDS | MI | 49503 | VICE PRESIDENT | 1.0 | $0 | $0 | $0 |
| THOMAS L BORISCH | ||||||||
| 146 MONROE CENTER | GRAND RAPIDS | MI | 49503 | SECRETARY | 1.0 | $0 | $0 | $0 |
| MATTHEW A BORISCH | ||||||||
| 146 MONROE CENTER | GRAND RAPIDS | MI | 49503 | TREASURER | 1.0 | $0 | $0 | $0 |
| DAVID E BORISCH | ||||||||
| 146 MONROE CENTER | GRAND RAPIDS | MI | 49503 | DIRECTOR | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PNC BANK | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 620 LIBERTY AVENUE 10TH FLOOR | AddressLine1Txt |
| City | PITTSBURGH | CityNm |
| State Abbreviation | PA | StateAbbreviationCd |
| ZIP | 15222 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT MGMT | ServiceTypeTxt |
| Compensation | $10,645 | 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 | $2,527,440 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $7,090,824 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $9,618,264 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $9,618,264 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $144,274 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $9,473,990 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $473,700 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $473,700 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $8,821 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $8,821 | TotalTaxAmt |
| Distributable Before Adj | $464,879 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $464,879 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $464,879 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,254,050 | 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 | $3,254,050 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $8,821 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,245,229 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $464,879 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2016 | PriorYear1Yr |
| Prior Year2 | 2015 | PriorYear2Yr |
| Prior Year3 | 2014 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $455,300 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $464,985 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $920,285 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,254,050 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $464,879 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,789,171 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,709,456 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $455,300 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $3,254,156 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $464,985 | ExcessFromYear4Amt |
| Excess From Current Year | $2,789,171 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JONATHAN L BORISCH | ContributingManagerNm |
| Contributing Manager | MARY K BORISCH | ContributingManagerNm |
| Contributing Manager | THOMAS L BORISCH | ContributingManagerNm |
| Contributing Manager | MATTHEW A BORISCH | ContributingManagerNm |
| Contributing Manager | DAVID E BORISCH | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| BARNABAS FOUNDATION | |||||||
| 18601 NORTH CREEK DR SUITE B | TINLEY PARK | IL | 60477 | NONE | PC | GENERAL PURPOSE | $200,000 |
| GREAT LAKES CENTER FOR THE ARTS | |||||||
| 800 BAY HARBOR DR | BAY HARBOR | MI | 49770 | NONE | PC | GENERAL PURPOSE | $1,000,000 |
| FELLOWSHIP FOR THE PERFORMING ARTS | |||||||
| 1674 BROADWAY 404 | NEW YORK | NY | 10019 | NONE | PC | GENERAL PURPOSE | $100,000 |
| LIFE INTERNATIONAL | |||||||
| 72 RANSOM AVE NE | GRAND RAPIDS | MI | 49503 | NONE | PC | CHRISTIAN OUTREACH | $150,000 |
| PREGNANCY RESOURCE CENTER | |||||||
| 415 CHERRY ST NE | GRAND RAPIDS | MI | 49503 | NONE | PC | GENERAL PURPOSE | $120,000 |
| SPA WOMEN'S MINISTRY HOMES | |||||||
| 23221 OLD US 20 EAST | ELKHART | IN | 46516 | NONE | PC | GENERAL PURPOSE | $2,250 |
| TRACY HANSON INITIATIVE | |||||||
| PO BOX 2052 | HOLLAND | MI | 49422 | NONE | PC | GENERAL PURPOSE | $5,000 |
| CAMP QUALITY MICHIGAN | |||||||
| PO BOX 345 | BOYNE CITY | MI | 49712 | NONE | PC | GENERAL PURPOSE | $12,000 |
| FOCUS ON THE FAMILY | |||||||
| 8605 EXPLORER DRIVE | COLORADO SPRINGS | CO | 80920 | NONE | PC | GENERAL PURPOSE | $1,500,000 |
| DUTTON CHRISTIAN SCHOOLS | |||||||
| 6729 HANNA LAKE AVE SE | CALEDONIA | MI | 49316 | NONE | PC | GENERAL PURPOSE | $75,000 |
| BRIDGE STREET HOUSE OF PRAYER | |||||||
| 1056 BRIDGE ST NW | GRAND RAPIDS | MI | 49504 | NONE | PC | GENERAL PURPOSE | $50,000 |
| MEL TROTTER MINISTRIES | |||||||
| 225 COMMERCE | GRAND RAPIDS | MI | 49503 | NONE | PC | GENERAL PURPOSE | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,249,250 | TotalGrantOrContriPdDurYrAmt |
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 | $88,614 | 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 | $743,718 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONDIVIDEND DISTRIBUTIONS | Desc |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $273 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $832,605 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $832,605 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $6,171 | Amt |
| Net Investment Income | $3,086 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,085 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITIES | StockNm |
| EOY Book Value | $8,466,377 | EOYBookValueAmt |
| EOYFMV | $9,037,890 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (3 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIXED INCOME | $0 | $0 |
| ALTERNATIVES | $0 | $0 |
| ENTRUST | $1,300,489 | $1,223,370 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE ALLOCATION OF THE ORIGINAL TAX ATTRIBUTES HAVE BEEN ALLOCATED TO JONATHAN AND MARY KAY BORISCH FAMILY FOUNDATION AS LISTED BELOW. ADJUSTED QUALIFYING DISTRIBUTIONS JMKBFF YEAR ENDED DECEMBER 31, 2014 492,701 YEAR ENDED DECEMBER 31, 2015 1,599,586 YEAR ENDED DECEMBER 31, 2016 1,257,633 YEAR ENDED DECEMBER 31, 2017 1,965,019 YEAR ENDED DECEMBER 31, 2018 778,467 TOTAL 6,093,406 NET VALUE NONCHARITABLE-USE ASSETS JMKBFF YEAR ENDED DECEMBER 31, 2014 13,080,433 YEAR ENDED DECEMBER 31, 2015 13,327,688 YEAR ENDED DECEMBER 31, 2016 12,536,819 YEAR ENDED DECEMBER 31, 2017 12,094,081 YEAR ENDED DECEMBER 31, 2018 3,737,685 TOTAL 54,776,706 EXCESS DISTRIBUTIONS FROM: JMKBFF YEAR ENDED DECEMBER 31, 2014 NONE YEAR ENDED DECEMBER 31, 2015 887,289 YEAR ENDED DECEMBER 31, 2016 641,920 YEAR ENDED DECEMBER 31, 2017 1,371,081 YEAR ENDED DECEMBER 31, 2018 609,551 TOTAL 3,509,841 | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| DISALLOWED LOSSES | $1,330 | |
| LICENSES | $20 | |
| ENTRUST INVESTMENT EXPENSE | $255 | |
| ENTRUST OTHER DEDUCTIONS | $21,185 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NONDIVIDEND DISTRIBUTION - PNC | $273 | |
| ENTRUST ORDINARY INCOME | -$2,520 | |
| ENTRUST RENTAL INCOME | $564 | |
| ENTRUST OTHER PORTFOLIO INCOME | $11,799 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRANSFER FROM DAYENU FOUNDATION TRUST | Desc |
| Amt | $9,516,007 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $10,645 | $10,645 | |
| MANAGEMENT FEES | $3,431 | $1,716 | $1,715 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES - PNC | $179 | $179 |
| FOREIGN TAXES - ENTRUST | $203 | $203 |
| INCOME TAXES | $8,500 |