2024-09-16T12:39:20-05:00 2024-03-31 351307701 KRUGGEL LAWTON & COMPANY LLC 526 UPTON DRIVE ST JOSEPH MI 49085 990 2023-04-01 382180730 MICHIGAN GATEWAY COMMUNITY FOUNDATION MICH 2696953521 111 DAYS AVENUE BUCHANAN MI 49017 MICHAEL ROWLAND PRESIDENT & CEO 2696953521 2024-09-10 1 1 ROBERT ALEX SCHAEFFER P01439018 2699830131 2024-09-10 2023 2024-08-08 14:25:15Z MICHAEL ROWLAND 111 DAYS AVENUE BUCHANAN MI 49107 1816398 0 X WWW.MGCF.ORG X 1977 MI COMMUNITY PRESERVATION 13 12 5 0 0 0 460783 709625 489401 366535 854920 740238 0 0 1805104 1816398 837705 871201 0 0 237118 250154 0 0 92392 618237 467828 1693060 1589183 112044 227215 24549519 28248791 1367713 1599918 23181806 26648873 MICHIGAN GATEWAY COMMUNITY FOUNDATION IS A TAX-EXEMPT, NONPROFIT MICHIGAN CORPORATION ORGANIZED TO RECEIVE AND ADMINISTER FUNDS FOR SCIENTIFIC, EDUCATIONAL, AND CHARITABLE PURPOSES TO BENEFIT THE COMMUNITES OF SOUTH BERRIEN AND CASS COUNTY, MICHIGAN. 0 0 1374744 871201 411814 SCHOLARSHIPS PAID TO BENEFIT INDIVIDUAL AREA COLLEGE STUDENTS AND GRANTS TO VARIOUS EDUCATIONAL, COMMUNITY, OR CHARITABLE ORGANIZATIONS. SEE SCH I FOR LIST OF ORGANIZATIONS. 1374744 1 1 0 0 0 1 0 1 1 1 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 3 0 1 5 1 0 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 1 0 0 MI X MICHAEL ROWLAND 2696953521 111 DAYS AVE BUCHANAN MI 49107 MICHAEL ROWLAND PRESIDENT & SECRETARY 40.00 X X 84665 0 2619 KARIN FALKENSTEIN CHAIRMAN 2.00 X 0 0 0 JANE BRANDSTATTER VICE-CHAIRMAN 2.00 X 0 0 0 NATHAN BECRAFT YOUTH REPRESENTATIVE 1.00 X 0 0 0 LORRAIBE HOLTGREN YOUTH REPRESENTATIVE 1.00 X 0 0 0 DENISE PETERS TRUSTEE 1.00 X 0 0 0 HOPE ANDERSON TRUSTEE 1.00 X 0 0 0 KATHY ROSSOW TRUSTEE 1.00 X 0 0 0 PATRICIA ROBINSON TRUSTEE 1.00 X 0 0 0 RANDY HENDRIXSON TRUSTEE 1.00 X 0 0 0 SARA SENICA TRUSTEE 1.00 X 0 0 0 STEPHEN K WOODS TRUSTEE 1.00 X 0 0 0 TEX SHETERON TRUSTEE 1.00 X 0 0 0 84665 0 2619 0 0 0 0 0 709625 1138 709625 ADMINISTRATIVE FEES 523940 349148 349148 INTERFUND & GRANT REFU 523940 17387 17387 366535 694959 694959 45279 0 45279 45279 45279 1816398 1106773 0 0 X 871201 871201 87924 21981 21981 43962 108499 45569 37975 24955 38004 15962 13301 8741 15727 6605 5504 3618 9260 9260 18151 18151 347282 347282 5395 2266 1888 1241 11404 11404 10554 4433 3694 2427 1698 713 594 391 3306 693 2234 379 10 10 4697 4697 3022 1269 1058 695 PROGRAM EXPENSE 29191 29191 0 0 DEVELOPMENTS 10749 4515 3762 2472 EQUIPMENT RENTAL 3500 1470 1225 805 TELEPHONE 3085 1296 1080 709 6524 2147 2380 1997 1589183 1374744 122047 92392 212905 422864 379849 827560 27692 31103 159 159 7497 7497 139371 96086 46982 43285 23874435 26916323 24549519 28248791 34036 32052 720 720 1332957 1567146 1367713 1599918 X 22870570 26301626 311236 347247 23181806 26648873 24549519 28248791 227215 3239852 0 X 0 1 X 1 0 X 819769 239692 270331 460783 709625 2500200 819769 239692 270331 460783 709625 2500200 351303 2148897 599477 485448 626387 654328 740238 3105878 5606078 0.38330 0.45140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 12 161 48556 673131 45355 819606 731073 25917800 1 1 0 0 1 X 22870570 694371 3976720 890887 349148 26301626 25014208 937756 1527532 1213493 340369 22870570 24210544 605635 1584731 691596 695106 25014208 17596426 174029 7440743 685708 341946 24210544 19248880 195318 -725583 798503 354785 17596426 1.00000 0.00000 0.00000 0 0 10000 10000 98934 66903 32031 30437 29183 1254 43285 X 5056250 3239852 3239852 1816398 0 1816398 1589183 0 1589183 0 1589183 PART IV, LINE 2B: THE FOUNDATION UTILIZES FASB ASC 958-20 AND FASB ASC 958-605, TRANSFERS OF ASSETS TO A NOT-FOR-PROFIT ORGANIZATION OR CHARITABLE TRUST THAT RAISES OR HOLDS CONTRIBUTIONS FOR OTHERS. THESE STATEMENTS ESTABLISH STANDARDS FOR TRANSACTIONS IN WHICH A COMMUNITY FOUNDATION ACCEPTS CONTRIBUTIONS FROM DONORS AND AGREES TO TRANSFER THOSE ASSETS, THE RETURN ON INVESTMENT OF THOSE ASSETS, OR BOTH TO ANOTHER ENTITY THAT IS SPECIFIED BY THE DONOR. THE STATEMENTS SPECIFICALLY REQUIRE THAT IF A NOT-FOR-PROFIT ORGANIZATION (NPO) ESTABLISHES A FUND AT A COMMUNITY FOUNDATION WITH ITS OWN FUNDS AND SPECIFIES ITSELF AS THE BENEFICIARY OF THAT FUND, THE COMMUNITY FOUNDATION MUST ACCOUNT FOR THE TRANSFER OF SUCH ASSETS AS A LIABILITY. THE FOUNDATION REFERS TO SUCH FUNDS AS AGENCY ENDOWMENTS. THE FOUNDATION MAINTAINS VARIANCE POWER AND LEGAL OWNERSHIP OF AGENCY ENDOWMNET FUNDS AND AS SUCH CONTINUES TO REPORT THE FUNDS AS ASSETS OF THE FOUNDATION. HOWEVER, IN ACCORDANCE WITH FASB ASC 958-20 AND 958-605, A LIABILITY HAS BEEN ESTABLISHED FOR THE FAIR VALUE OF THE FUNDS. PART V, LINE 4: THE FUNDS WILL BE USED FOR SCHOLARSHIPS TO INDIVIDUAL AREA COLLEGE STUDENTS AND GRANTS TO VARIOUS EDUCATIONAL, COMMUNITY, OR CHARITABLE ORGANIZATIONS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAX UNDER PROVISIONS OF INTERNAL REVENUE CODE SECTION 501(C)(3), AND IS NOT CONSIDERED A PRIVATE FOUNDATION. THE FOUNDATION FILES TAX RETURNS IN THE U.S. FEDERAL JURISDICTION. AS OF THE CURRENT YEAR END, THERE ARE NO MATERIAL UNRECOGNIZED/DERECOGNIZED TAX BENEFITS OR TAX PENALTIES OR INTEREST. THE FOUNDATION IS NO LONGER SUBJECT TO U.S. FEDERAL INCOME TAX EXAMINATIONS BY TAX AUTHORITIES FOR THE THREE YEARS BEFORE THE CURRENT YEAR ENDED. MANAGEMENT HAS ELECTED TO APPLY THE PROVISIONS OF FASB ASC INCOME TAXES. FASB ASC INCOME TAXES CLARIFIES THE ACCOUNTING FOR INCOME TAXES BY PRESCRIBING THE MINIMUM RECOGNITION THRESHOLD AN INCOME TAX POSITION IS REQUIRED TO MEET BEFORE BEING RECOGNIZED IN THE FOUNDATION'S FINANCIAL STATEMENTS. FASB ASC INCOME TAXES ALSO PROVIDED GUIDANCE FOR THE MEASUREMENT AND CLASSIFICATION OF INCOME TAX POSITIONS, INTEREST EXPENSE AND PENALTIES, AND REQUIRES ADDITIONAL DISCLOSURE ON AN ANNUAL BASIS. 1 ALMA COLLEGE 614 W SUPERIOR ST ALMA MI 48801 381359083 501(C) 11625 0 SCHOLARSHIP GRANTS ARIZONA STATE UNIVERSITY 1151 S FOREST AVE TEMPE AZ 85287 860196696 501(C) 5875 0 SCHOLARSHIP GRANTS BER REFRIGERATION HEATING COOLING & PLUMBING INC 205 PALLADIUM AVE ST JOSPEH MI 49085 382862985 CORP 13550 0 SCHOLARSHIP GRANTS BAKER COLLEGE 1903 MARQUETTE AVE MUSKEGON MI 49442 383043861 501(C) 5555 0 SCHOLARSHIP GRANTS BUCHANAN AREA SENIOR CENTER 810 RYNEARSON ST BUCHANAN MI 49107 731658966 501(C) 10000 0 SCHOLARSHIP GRANTS BUCHANAN COMMUNITY SCHOOLS 401 CHICAGO ST BUCHANAN MI 49107 386000616 GOV 27042 0 MULTIPLE EDUCATION PURPOSES BUCHANAN DISTRICT LIBRARY 128 E FRONT ST BUCHANAN MI 49107 383592829 GOV 17529 0 TUTOR/CAMP BUILDING CASS COUNTY COUNCIL ON AGING 60525 DECATUR RD CASSOPOLIS MI 49031 381964011 501(C) 10296 0 AGENCY GRANT CITY OF BUCHANAN 302 N REDBUD TRAIL BUCHANAN MI 49107 582346751 GOV 25808 0 EQUIPMENT GRANTS CITY OF NILES 333 2ND ST SUITE 301 NILES MI 49120 386004720 GOV 27075 0 EMERGENCY HOME REPAIRS COLUMBIA COLLEGE CHICAGO 600 S MICHIGAN AVE CHICAGO IL 60605 366112087 501(C) 7500 0 SCHOLARSHIP GRANTS CORNERSTONE UNIVERSITY 1001 E BELTLINE AVE NE GRAND RAPIDS MI 49525 381443369 501(C) 5625 0 SCHOLARSHIP GRANT DIAMOND LAKE YACHT CLUB 21316 SHORE ACRES RD CASSOPOLIS MI 49031 386085405 501(C) 24788 0 SCHOLARSHIP GRANTS FERNWOOD BOTANCIAL GARDENS 13988 RANGE LINE RD NILES MI 49120 381750543 501(C) 11798 0 NEW EQUIP & MAINTENANCE FERRIS STATE UNIVERSITY 1201 S STATE STREET BIG RAPIDS MI 49307 386005159 501(C) 10125 0 SCHOLARSHIP GRANTS GLEN OAKS COMMUNITY COLLEGE 62249 SHIMMEL RD CENTREVILLE MI 49032 342043685 501(C) 11750 0 SCHOLARSHIP GRANTS GRAND VALLEY STATE UNIVERSITY 1 CAMPUS DRIVE ALLENDALE MI 49401 342043685 501(C) 23200 0 SCHOLARSHIP GRANTS HOPE COLLEGE 100 EAST 8TH ST SUITE 280 HOLLAND MI 49422 381381271 501(C) 6000 0 SCHOLARSHIP GRANTS HUDSON MEMORIAL BULDING VILLAGE OF MARCELLUS 179 N JONES ST MARCELLUS MI 49067 382442849 GOV 7314 0 COMMUNITY RESTORATION INDIANA UNIVERSITY - SOUTH BEND 1700 MISHAWAKA AVE SOUTH BEND IN 46634 356001673 PUBLIC 11875 0 SCHOLARSHIP GRANTS LAKE MICHIGAN COLLEGE FOUNDATION 2755 NAPIER AVE BENTON HARBOR MI 49022 382714753 501(C) 27453 0 SCHOLARSHIP GRANTS MARCELLUS AREA EMERGENCY SERVICES ASSOCIATION PO BOX 367 MARCELLUS MI 49067 383203894 GOV 8046 0 EMERGENCY EQUIPMENT MARCELLUS TWP WOOD MEMORIAL LIBRARY PO BOX 49 MARCELLUS MI 49067 382098067 GOV 7314 0 LIBRARY EXPANSION MICHIGAN COLLEGE ACCESS NETWORK 200 N WASHINGTON SQUARE 420 LANSING MI 48933 364619621 501(C) 12000 0 COLLEGE ADVISORY GRANT MICHIGAN STATE UNIVERSITY 426 AUDITORIUM RD EAST LANSING MI 48824 386005984 501(C) 86125 0 SCHOLARSHIP GRANTS MICHIGAN TECH UNIVERSITY 1400 TOWNSEND DR HOUGHTON MI 49931 381554664 501(C) 11500 0 SCHOLARSHIP GRANTS NEWBERG FIRE & EMS ASSOCIATION 11900 MCKINLEY ST JONES MI 49061 833795173 GOV 7315 0 EMERGENCY EQUIPMENT NILES-BUCHANAN YMCA 905 NORTH FRONT ST NILES MI 49120 381358236 501(C) 14562 0 GRANT OKLAHOMA STATE UNIVERSITY 107 WHITEHURST STILLWATER OK 74078 731383996 501(C) 10700 0 SCHOLARSHIP GRANTS REDBUD AREA MINISTRIES PO BOX 341 BUCHANAN MI 49107 382513283 501(C) 21776 0 AGENCY GRANT SUPPORT ROTI ROTI ART CENTER 117 W FRONT ST BUCHANAN MI 49107 201218119 501(C) 12388 0 GRANT SALVATION ARMY 424 N 5TH STREET NILES MI 49120 381370971 501(C) 10000 0 REPLENISH FOOD BANK SOUTHWESTERN MICHIGAN COLLEGE FOUNDATION 58900 CHERRY GROVE RD DOWAGIAC MI 49047 381943374 501(C) 84769 0 SCHOLARSHIP GRANTS SPECTRUM HEALTH L LONGMEADOW VILLAGE DR NILES MI 49120 134148824 501(C) 28333 0 GRANT UNITED WAY OF SOUTHWESTERN MICHIGAN PO BOX 807 BENTON HARBOR MI 49022 381358411 501(C) 14442 0 GRANT FOR LOCAL UNDERGRADUATE UNIVERSITY OF MICHIGAN 503 THOMPSON ST ANN ARBOR MI 48109 386006309 501(C) 26650 0 SCHOLARSHIP GRANTS WEECHO 933 N 5TH ST 2ND FLOOR NILES MI 49120 854334369 501(C) 10000 0 GRANT WESTERN GOVERNORS UNIVERSITY 4001 S 700 E300 MILLCREEK UT 84107 841383926 501(C) 6000 0 SCHOLARSHIP GRANTS WESTERN MICHIGAN UNIVERSITY 1903 WEST MICHIGAN AVENUE KALAMAZOO MI 49008 454135256 PUBLIC 9750 0 SCHOLARSHIP GRANTS YMCA OF GREATER MICHIANA 905 NORTH FRONT STREET NILES MI 49120 381358236 591 34769 0 MEMBERSHIP GRANTS PART I, LINE 2: APPLICATIONS FOR COLLEGE SCHOLARSHIPS ARE MADE AVAILABLE TO THE GUIDANCE COUNSELORS AT AREA HIGH SCHOOLS. THE HIGH SCHOOL COUNSELORS ARE GIVEN THE SELECTION CRITERIA OF THE FOUNDATION AND ENCOURAGE STUDENTS TO COMPLETE APPLICATIONS WHO MEET THE SLECTION CRITERIA. A SELECTION COMMITTEE MADE UP OF MEMBERS OF THE BOARD OF TRUSTEES, REVIEWS THE APPLICATIONS AND SELECTS AREA STUDENTS AS RECIPIENTS OF THE SCHOLARSHIPS ANNUALLY. GRANT REQUESTS ARE ALSO REVIEWED BY A COMMITTEE OF BOARD MEMBERS AND RECOMMENDATIONS ARE SUBMITTED FOR APPROVAL BY THE ENTIRE GOVERNING BOARD. FORM 990, PART VI, SECTION B, LINE 11B BEFORE FILING FORM 990, A COPY IS GIVEN TO THE PRESIDENT OF THE BOARD OF TRUSTEES FOR HIS REVIEW AND DISTRIBUTION TO OTHER BOARD MEMBERS AT HIS DISCRETION. FORM 990, PART VI, SECTION B, LINE 12C A COPY OF THE CONFLICT OF INTEREST POLICY IS REVIEWED BY THE BOARD OF TRUSTEES AT THE FIRST BOARD MEETING AT THE BEGINNING OF THE FISCAL YEAR. EACH MEMBER OF THE BOARD IS THEN ASKED TO SIGN A STATEMENT EACH YEAR INDICATING THAT THEY ARE IN COMPLIANCE WITH THE WRITTEN POLICY. FORM 990, PART VI, SECTION B, LINE 15A THE FULL BOARD PERFORMS A REVIEW OF THE EXECUTIVE DIRECTOR'S PERFORMANCE & SALARY EACH YEAR. THE EXCECUTIVE DIRECTOR PERFORMS AN ANNUAL REVIEW OF ANY OTHER EMPLOYEES & ADVISES THE BOARD OF TRUSTEES OF THE RESULTS OF THESE REVIEWS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC AT THEIR PHYSICAL LOCATION DURING REGULAR BUSINESS HOURS. FORM 990, PART IX, LINE 11G ADMINISTRATIVE FEES: PROGRAM SERVICE EXPENSES 347,282. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 347,282.