2025-11-14T12:18:42-05:00 2024-12-31 383133790 ANDREWS HOOPER PAVLIK PLC 5915 EASTMAN AVE STE 100 MIDLAND MI 486406824 990PF 2024-01-01 381437485 THE HERBERT H & GRACE A DOW FOUNDATION HERB 9896313699 1018 WEST MAIN STREET MIDLAND MI 48640 FRANCINE PADGETT CFO 9896313699 2025-11-12 true true KELLIE M BOS P00448161 9898357721 2025-11-12 2024 2025-03-06 01:10:19Z X 642648050 X 5170 X 118229 118229 13340224 13340224 1766 1766 1766 25315510 112331140 25315510 2000 480842 255765 225077 225077 16938622 12905807 4032815 55944598 51681536 4259892 612886 254371 7471 351044 2752659 1718520 1034970 864767 44634 58300 774872 90380 90340 50280 25140 17140 668386 52766 462475 146274 766748 304 1952 2002564 714317 40698 659912 69169 19424 718 48596 2227 2227 16690753 12137 30966 906636 25285136 408472 2319452 4033963 12884987 13972499 38170123 408472 2319452 18006462 17774475 51273064 1940440 470675 887671 887671 6774754 13703793 13703793 73715 4432 73715 73715 55698 74118 74118 38788 43378 43378 45701237 46046385 46046385 538267533 551885565 551885565 51470784 21537359 29861942 29933425 29933425 621175059 642648050 642648050 161023 891960 22865000 21777488 1459713 1474130 24485736 24143578 X 596689323 618504472 596689323 618504472 621175059 642648050 596689323 17774475 4040674 618504472 618504472 PUBLICLY TRADED SECURITIES P 111623228 87015630 24607598 24607598 OPTION INCOME - PUB TRADED SEC P 707912 707912 707912 25315510 25315510 712696 712696 712696 620522 620522 X 4773 96947 false false false false false true true false true true MI true false false false false true WWW.HHGADOWFDN.ORG FRANCINE PADGETT 9896313699 1018 W MAIN ST MIDLAND MI 48640 false false false false true false false false false false false false false false false false false false false false false false RUTH A DOAN 1018 W MAIN ST MIDLAND MI 48640 PRESIDENT 10.00 0 0 35000 MICHAEL LLOYD DOAN 1018 W MAIN ST MIDLAND MI 48640 VICE PRESIDE 8.00 0 0 0 WILLARD MOTT 1018 W MAIN ST MIDLAND MI 48640 TREASURER 8.00 0 0 0 DIANE DOW HULLET 1018 W MAIN ST MIDLAND MI 48640 SECRETARY 4.00 0 0 0 STEPHEN CARRAS 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 JAMES FITTERLING 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 ALDEN LEE HANSON 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 BONNIE BUCHANAN MATHESON 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 SUZANNA MCCUAN 1018 W MAIN ST MIDLAND MI 48640 GOV. CHAIR/T 8.00 0 0 0 LILLA YM OHRSTROM 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 SARAH OPPERMAN 1018 MAIN STREET MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 STEPHANIE SCHEETS 1018 MAIN STREET MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 MACAULEY WHITING JR 1018 W MAIN ST MIDLAND MI 48640 TRUSTEE 2.00 0 0 0 JENEE VELASQUEZ 1018 W MAIN ST MIDLAND MI 48640 EXECUTIVE DI 60.00 395645 46158 0 FRANCINE PADGETT 1018 W MAIN ST MIDLAND MI 48640 CFO 60.00 217241 17587 0 ELIZABETH LUMBERT 1018 W MAIN ST MIDLAND MI 48640 GARDENS DIRE 40.00 217007 34917 MATTHEW GERHARDT 1018 W MAIN ST MIDLAND MI 48640 HUMAN RESOUR 40.00 150045 26981 SCOTT SCHULTHEIS 1018 W MAIN ST MIDLAND MI 48640 HORTICULTURI 40.00 97336 33928 CAROLYNN PATEN 1018 W MAIN ST MIDLAND MI 48640 DIRECTOR OF 40.00 93536 22076 ROBBIE BLIESENER 1018 W MAIN ST MIDLAND MI 48640 EXECUTIVE AS 40.00 86160 21340 20 WTA ARCHITECTS 100 S JEFFERSON AVE STE 601 SAGINAW MI 48607 ARCHITECTURE 1282234 SMALL BUSINESS ASSOCIATION OF MICHIGAN 120 N WASHINGTON SQ STE 1000 LANSING MI 48933 HEALTH INSUR 310231 SYM FINANCIAL ADVISORS 414 TOWNSEND ST MIDLAND MI 48640 FINANCIAL 260886 GOLDMAN SACHS 200 WEST STREET NEW YORK NY 10282 FINANCIAL 123058 MITCON LLC PO BOX 2226 MIDLAND MI 48641 IT 116467 10 ESTABLISHED IN 1899, AS A HOME FOR HERBERT H. AND GRACE A. DOW AND FAMILY, DOW GARDENS TYPICALLY WELCOMES 190,000 GUESTS PER YEAR. EXPERIENCE A DAZZLING 110-ACRE BOTANICAL GARDEN WITH DISPLAY OF ANNUALS AND PERRENIALS PUNCTUATED BY DISTINCTIVE BRIDGES, AN AWARD-WINNING CHILDRENS GARDEN, TOWERING PINES, DELIGHTFUL WATER FEATURES, AND ONE OF THE NATIONS LONGEST CANOPY WALKS WHICH TAKES GUESTS FOUR STORIES HIGH INTO THE TREE TOPS. VISITORS ARE INVITED TO LEAVE THE PATHWAY AND EXPLORE THE UNIQUELY-DESIGNED LANDSCAPE, TAKE A TOUR OF THE HISTORIC PINES HOME, PARTICIPATE IN ONE OF THE MANY HANDS-ON EDUCATIONAL PROGRAMS, AND DISCOVER BEAUTIFUL ART AND MUSIC IN A RELAXED SETTING. DOW GARDENS IS COMPRISED ON AN ESTATE GARDEN, HISTORIC HOME, AND THRIVING FOREST. DOW GARDENS IS A SIGNATURE GIFT OF THE HERBERT H. AND GRACE A. DOW FOUNDATION. 6108075 N/A 331432063 9249988 270642311 611324362 611324362 9169865 602154497 30107725 30107725 712696 712696 29395029 2000 29397029 29397029 18006462 2074047 20080509 29397029 6860148 20080509 6860148 13220361 16176668 NONE NONE CARRIE NIELSEN 1018 W MAIN STREET MIDLAND MI 486404292 9896313699 HHGADOWFDN.ORG/GUIDELINES THE FORMAL GRANT APPLICATION CAN BE FOUND ON THE HERBERT H. AND GRACE A. DOW FOUNDATION WEBSITE AT WWW.HHGADOWFDN.ORG. THE FIRST STEP IN THE TWO-STAGE PROCESS CONSISTS OF THE SUBMISSION OF A LETTER OF INTEREST (LOI). THE SECOND STEP IS BY INVITATION ONLY TO ORGANIZATIONS WITH REQUESTS THAT BEST ALIGN WITH THE FOUNDATION'S MISSION AND CURRENT GRANTMAKING PRIORITIES. APPLICANTS WILL BE ASKED TO INCLUDE THE FOLLOWING INFORMATION IN A PROPOSAL: A SUMMARY SETTING FORTH THE NATURE AND POTENTIAL RESULTS OF THE PROGRAM FOR WHICH FUNDING IS SOUGHT; THE TOTAL COST OF THE PROJECT, INCLUDING ANY ENDOWMENT FOR OPERATIONS; THE TOTAL AMOUNT SOUGHT FROM THE FOUNDATION, AND OVER WHAT PERIOD OF TIME THE GRANT MAY BE DISBURSED, AS WELL AS ANY OTHER FUNDING SOURCES BEING SOUGHT FOR THE PROJECT; EVIDENCE OF THE ORGANIZATION'S TAX-EXEMPT STATUS UNDER INTERNAL REVENUE CODE SECTION 501(C)(3); EVIDENCE THE ORGANIZATION WAS INCORPORATED IN THE STATE OF MICHIGAN; A DETAILED ANNUAL ORGANIZATION BUDGET AND AUDITED THE BOARD MEETS DURING THE YEAR TO MAKE FINAL DECISIONS WITH GRANTS TYPICALLY DISBURSED IN DECEMBER. THE FOUNDATION DOES NOT MAKE GRANTS DIRECTLY TO INDIVIDUALS. THE FOUNDATION'S TRUST AGREEMENT LIMITS ITS GRANTS TO MICHIGAN ORGANIZATIONS. THE FOUNDATION CANNOT LEGALLY SUPPORT: ORGANIZATIONS THAT ARE NOT ELIGIBLE TO RECEIVE TAX DEDUCTIBLE CONTRIBUTIONS PER THE INTERNAL REVENUE SERVICE; POLITICAL ORGANIZATIONS; SECTARIAN RELIGIOUS ORGANIZATIONS (EXCEPT THOSE THAT ARE LOCATED IN THE MIDLAND COMMUNITY); OR ORGANIZATIONS THAT PRACTICE DISCRIMINATION BY RACE, SEX, CREED, AGE, OR NATIONAL ORIGIN. THE FOUNDATION DOES NOT ACCEPT PRESET "FORMULAS FOR GIVING" PREPARED BY NONPROFIT AGENCIES. SEE ATTACHED 1018 W MAIN STREET MIDLAND MI 48640 VARIOUS 5584499 SEE ATTACHED 1018 W MAIN STREET MIDLAND MI 48640 VARIOUS 8388000 13972499 SEE ATTACHED 1018 W MAIN STREET MIDLAND MI 48640 VARIOUS 7300488 7300488 DOW GARDENS ADMISSIONS 1350782 HORTICULTURAL CLASSES 27694 PINES ADMISSIONS 10801 HORTICULTURE SUP/EQUIP SALE 22034 14 118229 14 13340224 16 1766 18 12905807 18 25315510 453220 225077 WEDDINGS 31946 MISC 76144 GRANT RETURNED - LINE 9 C 2000 SEE K-1 UBI INCOME ATTACHME 900099 2511414 2736491 51681536 1521401 55939428 1A ADMISSION FEES FOR DOW GARDENS 1B HORTICULTURAL CLASSES FOR CHILDREN & OTHERS 1C ADMISSIONS FEES FOR THE PINES AREA OF THE GARDENS 1D HORTICULTURAL SUPPLIES SOLD AS PART OF CHARITABLE ACTIVITIES ASSOCIATED WITH DOW GARDENS 11B FEES CHARGED FOR WEDDINGS HELD IN THE GARDENS; ENCOURAGING THE PUBLIC TO UTILIZE THE BEAUTY OF THE GARDENS 11C MISCELLANEOUS RECEIPTS false false false false false false false false false false ACCOUNTING FEES 50280 25140 17140 SEE ATTACHED LISTING 351831 12045163 2002564 DOW CHEMICAL STOCK 20317688 20317688 DFA INFLATION PROTECTED 18555592 18555592 DFA US LARGE CAP 7173105 7173105 16-1625273 - APJOHN FMV 213110 213110 26-3886702 - AQR STYLE PREMIA FMV 8740890 8740890 03-0469267 - ARBORETUM 1 FMV 305225 305225 20-3879026 - ARBORETUM 1A FMV 148432 148432 20-8495541 - ARBORETUM 2 FMV 27-4709037 - ARBORETUM VENTURES III FMV 258431 258431 47-4200749 - ARBORETUM VENTURES IV FMV 605240 605240 06-1582470 - ARCH VENTURE FUND V FMV 339896 339896 27-3114657 - ARSENAL VENTURE CAPITAL FMV 4062150 4062150 81-3994795 - AUXO INVESTMENT PARTNER FMV 550171 550171 81-4008189 - AUXO GROWTH HOLDINGS I FMV 7190900 7190900 38-7142204 - BLACKSTONE ALTERNATIVES FMV 1018360 1018360 36-4800114 - BLACKSTONE CAPITAL FMV 8712016 8712016 13-3492071 - BLACKSTONE PARTNERS INV FMV 21064715 21064715 98-1386129 - CARLYLE PE ACCESS FUND FMV 7565768 7565768 61-1780481 - CARLYLE STRAT. PART. IV FMV 4063319 4063319 61-1742367 - FORTRESS CREDIT OPP IV FMV 1565849 1565849 98-1439362 - FORTRESS CREDIT OPP V FMV 6969805 6969805 38-4046268 - FORTRESS INTELLECT PROP FMV 2820515 2820515 32-0431732 - FORTRESS RE OPP. II FMV 365088 365088 32-0499393 - FORTRESS RE OPP. III FMV 8150516 8150516 62-1451003 - GT PARTNERS LP FMV 22160038 22160038 62-1570892 - GT GLOBAL HEDGE MKT FMV 19718185 19718185 83-2178554 - KKR PRINCIPAL OPP FMV 9052216 9052216 38-7136002 - LS REAL ESTATE REC IV FMV 745724 745724 46-6669749 - LS VIII RECOVERY TRUST FMV 176818 176818 38-3431245 - NORTHCOAST FMV 20887 20887 13-4359956 - NCTI III LIMITED PTRSHP FMV 2101663 2101663 82-3021163 - NCTI IV, PARTNERSHIP FMV 1324094 1324094 82-3278140 - PRIVATE EQUITY CO INV. FMV 7175455 7175455 83-2538130 - PEG GLOBAL PRIVATE EQ. FMV 42445394 42445394 35-2491286 - RCP DIRECT II LP FMV 655833 655833 37-1884177 - RCP DIRECT III FMV 6328067 6328067 45-3135867 - RCP FUND VIII LP FMV 578222 578222 36-4766444 - RCP FUND IX LP FMV 1977582 1977582 32-0457025 - RCP FUND X FMV 1972309 1972309 35-2550581 - RCP FUND XI FMV 1842557 1842557 37-1860110 - RCP FUND XII, LP FMV 3413033 3413033 83-0557610 - RCP FUND XIII FMV 7143953 7143953 90-0852883 - RCP SECONDARY OPP. II FMV 304074 304074 61-1855521 - RCP SECONDARY OPP III FMV 3067125 3067125 80-0805959 - RENAISSANCE VENTURE CAP FMV 3798875 3798875 ABRAAJ GROWTH MARKETS FMV 2668235 2668235 AMER FDS EUROPAC GROWTH FMV 5735993 5735993 BLACKROCK CORE BOND FMV BLACKROCK EMERGING MARKETS FMV 7100433 7100433 BRANDYWINEGLOBAL - DIAMOND HILL FMV 21866027 21866027 BREP EUROPE IV REAL FMV 763580 763580 BREP EUROPE VI SC SP FMV 7389058 7389058 CARLYLE US EQUITY FMV 1010518 1010518 CARLYLE US REALTY FMV 659982 659982 CEMOF II FOREIGN INVESTORS FMV 494092 494092 CION ARES DIVERSIFIED FMV 22254787 22254787 CRESCENT VI MEZZANINE FMV 218544 218544 CSP III DISTRESSED FMV 139149 139149 DFA EMERGING MARKETS CORE EQTY FMV 7643182 7643182 DIAMOND HILL CORE BOND FMV 26849498 26849498 DIMENSIONAL INTERN CORE FMV 24962905 24962905 DRIEHAUS EMERGING MARKET GROWTH FMV 7700989 7700989 FIDELITY TOTAL MARKET FMV 44245891 44245891 FR XIII GLOBAL ENERGY FMV 2077715 2077715 GI PARTNERS IV FMV 2771400 2771400 GOLDMAN SACHS VINTAGE VI FMV 305903 305903 GOLDMAN SACHS VINTAGE VII FMV 2236929 2236929 GOLDMAN SACHS PRIVATE CREDIT FMV 9980237 9980237 GS PRIVATE MIDDLE MARKET CR FMV GSO MEZZANINE FINANCE FMV 221112 221112 ISHARES CORE US FMV 11838467 11838467 I SHARES COSRE MSCI FMV 7793490 7793490 JP MORGAN GLOBAL BOND FMV 21232314 21232314 MFS INTL DIVERSIFICATION FMV 6044324 6044324 OAKMARK INTL FMV 1885786 1885786 PEG GLOBAL PRIVATE EQUITY IX FMV 6308444 6308444 PEG GLOBAL PRIVATE EQUITY X FMV 8369048 8369048 PEG GLOBAL PRIVATE EQUITY XI FMV 3576055 3576055 PIMCO CORPORATE OPPORTUNITY FMV PIMCO ST FMV 8215626 8215626 PIMCO STOCK INTL FMV 4905087 4905087 PMC PARTNERS I OFFSHORE FMV 13586 13586 SCHWAB US BROAD MARKET ETF FMV 17372718 17372718 TRUEBRIDGE FUND VII FMV 3149439 3149439 TRUBRIDGE FUND VIII FMV 316155 316155 US TREASURY NOTES FMV VANGUARD SMALL CAP ETF FMV 7451831 7451831 VANGUARD TOTAL STOCK MARKET FMV 17369472 17369472 VESEY STREET FUND FMV 2994353 2994353 WISDOMTREE INTRANET FMV 3040711 3040711 SEE ATTACHED 51470784 21537359 29933425 29933425 LEGAL FEES 90380 90340 GIFT SHOP & BEVERAGE SALES INFORMATION TECH & SOFTWARE 8247 8247 EMPLOYEE EXPENSES 1214 1214 FUEL 5 5 FINES, PENALTIES, & JUDGMENTS 31 31 BUSINESS EXPENSES 2248 2248 CREDIT CARD FEES - DOW GARDEN 94 94 SUPPLIES 6648 6648 ADVERTISING 1854 1854 EXPENSES EMPLOYEE EXPENSES 49584 48392 BANK FEES 69519 3350 66169 INSURANCE 58712 58712 PAYROLL PROCESSING FEES 496 37 459 PRESIDENT'S EXPENSES 35000 8750 26250 ASSOCIATE STIPENDS 14000 14000 SUPPLIES 203077 196056 MISCELLANEOUS 24 303 CLASSES AND EVENTS 165716 165716 ADVERTISING 45532 44022 INFORMATION TECH & SOFTWARE 217541 215646 POSTAGE 4141 4141 MEMBERSHIPS & SUBSCRIPTIONS 7154 7154 FINES, PENALTIES, & JUDGMENTS 8 8 FUEL 11627 11297 HOUSEKEEPING SUPPLIES 32285 31919 UNIFORMS 5945 5923 COMMUNITY PARTICIPATION 7888 8738 K-1 BOOK/TAX DIFFERENCE 15729807 BUSINESS EXPENSES 1669 1669 HORTICULTURE PURCHASES 10625 10625 CREDIT CARD FEES - DOW GARDEN 62 62 DOW GARDENS ADMISSIONS 1350782 1350782 HORTICULTURAL CLASSES 27694 27694 PINES ADMISSIONS 10801 10801 HORTICULTURE SUP/EQUIP SALES 22034 22034 SEE K-1 INCOME ATTACHMENT 12905807 12905807 WEDDINGS 31946 31946 MISC 76144 76144 GRANT RETURNED - LINE 9 C 2000 2000 SEE K-1 UBI INCOME ATTACHMENT 2511414 2511414 UNREALIZED GAIN 4040674 DEFERRED TAX LIABILITY 1184713 1374130 EXCISE TAX PAYABLE 200000 100000 UNRELATED BUSINESS TAX PAYABLE 75000 INVESTMENT MANAGEMENT FEES 52766 52766 CONTRACTED SERVICES 81047 74176 CONSULTANT 72098 72098 GIFT SHOP & BEVERAGE SALES 14142 14142 INVESTMENT UBI 448333 448333 GIFT SHOP & BEVERAGE SALES 480842 255765 225077 UBI TAXES 125000 LICENSE & PERMITS 2027 1952 EXCISE TAX 639417 GIFT SHOP & BEVERAGE SALES 304 304