2024-05-15T07:23:44-05:00 2023-06-30 382492570 DOEREN MAYHEW 56 CESAR E CHAVEZ AVE SW STE 100 GRAND RAPIDS MI 49503 990 2022-07-01 382175690 FOUNDATION FOR CATHOLIC SECONDARY EDUCATION OF GREATER GRAND RAPIDS INC FOUN 6165146069 360 DIVISION AVE STE 3A GRAND RAPIDS MI 49503 MICHAEL A LOWN SECRETARY/TREASURER 6165146069 2024-05-10 1 MICHAEL LOWN 999009999 0 CAROL L HUBBARD CPA CPIM P00184517 6162355200 2024-05-06 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z MICHAEL A LOWN 360 DIVISION AVE STE 3A GRAND RAPIDS MI 49503 1647403 0 X COMMUNITY.FCSE.GRCSS.ORG X 1975 MI TO RECEIVE AND ADMINISTER FUNDS IN ORDER TO PROMOTE AND SUPPORT CATHOLIC SECONDARY SCHOOLS 3 0 0 3 0 0 1284523 737735 0 0 792313 877734 47155 31934 2123991 1647403 781293 858116 0 0 0 0 0 0 60 16174 16317 797467 874433 1326524 772970 21514070 23718718 612836 709830 20901234 23008888 THE FOUNDATION FOR CATHOLIC SECONDARY EDUCATION EXISTS TO FINANCIALLY SUPPORT EDUCATION PROGRAMS OF THE GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS THROUGH TUITION ASSISTANCE, FACULTY ENHANCEMENT AND PROGRAM/FACILITIES 0 0 858116 858116 THE FOUNDATION SUPPORTS ALL EDUCATIONAL PROGRAMS AT GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS. THE FOUNDATION RECEIVES CONTRIBUTIONS FROM THE PUBLIC AND PROVIDES GRANTS TO THE GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS. 858116 1 1 0 0 0 0 0 0 0 1 0 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 0 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X X X KATHY PURCELL 6162460583 360 DIVISION AVE S GRAND RAPIDS MI 49503 MOST REVEREND DAVID J WALKOWIAK PRESIDENT 1.00 39.00 X X 0 40342 535 MONSIGNOR WILLIAM H DUNCAN VICE PRESIDENT 1.00 39.00 X X 0 0 0 MICHAEL A LOWN SECRETARY/TREASURER 1.00 39.00 X X 0 144678 12370 0 185020 12905 0 0 0 0 0 737735 192300 737735 877734 877734 INCREASE IN CSV OF LIF 900099 31934 31934 31934 1647403 0 0 909668 858116 858116 11900 11900 1341 1281 60 LIFE INSURANCE PREMIUMS 3076 3076 874433 858116 16257 60 43577 105899 660481 773284 20810012 22839535 21514070 23718718 9860 38827 602976 671003 612836 709830 X 24056 24059 20877178 22984829 20901234 23008888 21514070 23718718 772970 1334684 0 X X 0 1 X 1 0 X X 1 GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS 382365635 2 1 858116 0 1 858116 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 20877178 737735 2244351 -874435 22984829 23117779 1281372 -2727660 -794313 20877178 16807586 2072335 4954074 -716216 23117779 15895654 905893 628675 -622636 16807586 14231157 1264070 957171 -556744 15895654 0.00000 1.00000 1 1 1 0 CASH SURRENDER VALUE LIFE INSURANCE 554713 BENEFICIAL INTEREST IN PERPETUAL TRUST, MOHLER 4271228 BENEFICIAL INTEREST IN PERPETUAL TRUST, CATHOLIC FOUNDATION OF WEST MICHIGAN 18013594 22839535 X 2982086 1334683 1334683 1647403 0 1647403 874433 0 874433 0 874433 PART V, LINE 4: THE FOUNDATION UTILIZES THE ENDOWMENT FUNDS TO FINANCIALLY SUPPORT THE EDUCATION PROGRAMS OF THE GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS. PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE. THE FOUNDATION HAS EVALUATED RELEVANT CRITERIA AND DETERMINED THAT NO SIGNIFICANT CONTINGENCIES EXIST WITH REGARD TO TAX POSITIONS. 1 GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS 382365635 501(C)(3) 858116 0 FMV 0 PROMOTE AND SUPPORT THE CATHOLIC SECONDARY SCHOOLS 1 PART I, LINE 2: THE SECRETARY/TREASURER APPROVES ALL GRANTS MADE TO THE CATHOLIC SECONDARY SCHOOLS. THERE IS NO FURTHER MONITORING OF THE FUNDS. X 1 192300 FAIR MARKET VALUE 0 0 0 FORM 990, PART VI, SECTION A, LINE 2 THE DIRECTORS OF THE ORGANIZATION ARE ALL OFFICERS OF THE DIOCESE OF GRAND RAPIDS, A RELATED ORGANIZATION TO THE FOUNDATION. FORM 990, PART VI, SECTION A, LINE 6 IN 2018, THE ARTICLES OF INCORPORATION WERE AMENDED TO CHANGE THE FOUNDATION FROM A DIRECTORSHIP BASIS TO A MEMBERSHIP BASIS. THE SOLE MEMBER IS THE DIOCESAN BISHOP OF THE ROMAN CATHOLIC DIOCESE, OR HIS SUCCESSOR. FORM 990, PART VI, SECTION A, LINE 7A THE SOLE MEMBER HAS THE POWER TO APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. THE BOARD OF TRUSTEES CONSIST OF THE DIOCESAN BISHOP, THE VICAR GENERAL AND THE CHIEF FINANCIAL OFFICER, ALL OF THE ROMAN CATHOLIC DIOCESE OF GRAND RAPIDS, MICHIGAN. FORM 990, PART VI, SECTION A, LINE 7B THE SOLE MEMBER HAS THE POWER TO AMEND THE ARTICLES OF INCORPORATION AND APPOINT ONE OR MORE MEMBERS OF THE GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B A COPY OF THE 990 IS PROVIDED TO THE GOVERNING BOARD FOR REVIEW. ANY QUESTIONS OR COMMENTS ARE ADDRESSED AT THIS TIME. THE GOVERNING BOARD WILL THEN APPROVE THE 990 TO BE FILED. FORM 990, PART VI, SECTION B, LINE 12C AT THE ANNUAL MEETING OF THE BOARD, THE CONFLICT OF INTEREST POLICY IS DISCUSSED AND ANY POTENTIAL CONFLICTS ARE DECLARED. IN ADDITION, MEMBERS DECLARE ANY CONFLICTS AS MATTERS COME BEFORE THE BOARD AND REFRAIN FROM VOTING IF APPROPRIATE. ALL CONFLICTS OF INTEREST ARE REFLECTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 18 THE FOUNDATION MAKES ITS 990 AVAILABLE FOR PUBLIC INSPECTION UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE FROM THE PRIOR YEAR IN THE PROCESSES PERFORMED BY THOSE WHO HAVE OVERSIGHT OF THE AUDIT. OVERSIGHT OF THE AUDIT IS HANDLED BY THE BOARD. GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS 360 DIVISION AVENUE GRAND RAPIDS MI 49503 382365635 OPERATES TWO PAROCHIAL HIGH SCHOOLS MI 501(C)(3) N/A N/A 0 DIOCESE OF GRAND RAPIDS AND RELATED ENTITIES 360 DIVISION AVENUE GRAND RAPIDS MI 49503 381368746 SERVES AS DIOCESE OVER THE WEST MICHIGAN REGION MI 501(C)(3) N/A N/A 0 CATHOLIC FOUNDATION OF WEST MICHIGAN 360 DIVISION AVENUE GRAND RAPIDS MI 49503 383298981 ACCEPTS GIFTS AND ADMINISTERS EARNINGS ON ENDOWMENT INVESTMENTS MI 501(C)(3) N/A N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 1 1 1 1 0 1 1 GRAND RAPIDS CATHOLIC SECONDARY SCHOOLS B 858116 CASH GRANT PROVIDED TO RECIPIENT CATHOLIC FOUNDATION OF WEST MICHIGAN R 585425 AMOUNT TRANSFERRED CATHOLIC FOUNDATION OF WEST MICHIGAN S 596127 AMOUNT TRANSFERRED