2026-03-16T15:54:50-05:00 2025-06-30 331498605 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2024-07-01 382434184 DAVENPORT UNIVERSITY FOUNDATION DAVE 6164513511 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 ANTHONY ANDERSON EVP FOR FINANCE AND CFO 6164513511 2026-03-12 1 1 DORI J EGGETT P00645252 2695674500 2026-03-12 2024 2025-03-06 01:10:19Z ANTHONY ANDERSON 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 13218097 0 X WWW.DAVENPORT.EDU X 1982 MI PROVIDE FUNDRAISING FOR DAVENPORT UNIVERSITY 11 8 0 8 0 0 2106545 1360109 0 0 819216 2638135 -253224 -247150 2672537 3751094 2896290 3244693 0 0 0 0 0 0 0 160201 200787 3056491 3445480 -383954 305614 37121266 38168900 104058 190674 37017208 37978226 TO SECURE FINANCIAL SUPPORT FOR THE PURPOSE OF GROWING THE UNIVERSITY FOUNDATION ENDOWMENT, STUDENT SCHOLARSHIPS, AND THE DEVELOPMENT OF NEEDED PROGRAMS AND CAPITAL PROJECTS. 0 0 3244693 3244693 PROVIDED SUPPORT TO ASSIST DAVENPORT UNIVERSITY IN THE ACCOMPLISHMENT OF ITS EDUCATIONAL OBJECTIVES, INCLUDING THE FUNDING OF PROGRAMS, THE MAKING OF GRANTS TO THE UNIVERSITY, THE FUNDING OF SCHOLARSHIPS, AND OTHER SUPPORTING ACTIVITIES. 3244693 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 4 0 1 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 8 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MI X ANTHONY ANDERSON EVP OF FINANCE AND CFO 6164513511 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 WILLIAM LETTINGA PRESIDENT 1.00 0.00 X X 0 0 0 RACHEL MRAZ TREASURER 1.00 1.00 X X 0 0 0 JAMES ALBERS TRUSTEE 1.00 0.00 X 0 0 0 ANTHONY ANDERSON TRUSTEE 1.00 40.00 X 0 300200 83006 CHAD BASSETT TRUSTEE 1.00 0.00 X 0 0 0 SCOTT GEERLINGS TRUSTEE 1.00 0.00 X 0 0 0 JEFF LUMPP TRUSTEE 1.00 0.00 X 0 0 0 RICHARD PAPPAS TRUSTEE 1.00 40.00 X 0 575108 225875 RALPH SLIDER TRUSTEE 1.00 0.00 X 0 0 0 JEFFREY ZYLSTRA TRUSTEE 1.00 0.00 X 0 0 0 RACHEL RENDER EXECUTIVE DIRECTOR/SECRETARY 1.00 40.00 X 0 258839 106731 DAVID VENEKLASE FORMER INTERIM TREASURER/SECRETARY/EVP FOR FINANCE 0.00 0.00 X 0 1089454 0 0 2223601 415612 0 1 1 0 0 240253 1119856 1360109 815154 815154 10961844 9138863 1822981 1822981 1822981 80990 240253 328140 -247150 -247150 3751094 0 0 2390985 3244693 3244693 183915 183915 8551 8551 8321 8321 3445480 3244693 200787 0 102520 96974 2084683 1191870 2415839 1403509 225376 236735 30691247 33865895 1601601 1373917 37121266 38168900 104058 190674 104058 190674 X 2605880 2587420 34411328 35390806 37017208 37978226 37121266 38168900 X 305614 635944 19460 X X 0 1 X 1 0 X X 1 DAVENPORT UNIVERSITY 381945965 2 1 3244693 0 1 3244693 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 31995490 247424 2912990 1168608 33987296 30009003 196398 2968930 1178841 31995490 29404298 269541 1510352 1175188 30009003 33248404 869908 -3508905 1205109 29404298 27905080 230137 6119317 1006130 33248404 0.00000 0.69226 0.30773 0 0 0 5381152 635944 838980 10909 1485833 3895319 183915 -328140 -144225 3751094 4420134 838980 328140 1167120 3253014 183915 8551 192466 3445480 PART V, LINE 4: IN SUPPORT OF DAVENPORT UNIVERSITY STUDENT SCHOLARSHIPS PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN VALUE OF CASH SURRENDER VALUE OF LIFE INSURANCE 49,460. INTEREST EXPENSE NETTED ON FINANCIAL STATEMENTS -8,551. UNCOLLECTIBLE PLEDGES -30,000. PART XI, LINE 4B - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE -328,140. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSE 328,140. PART XII, LINE 4B - OTHER ADJUSTMENTS: INTEREST EXPENSE NETTED ON FINANCIAL STATEMENTS 8,551. EXCELLENCE IN BUSINESS DINNER GALA 226522 180292 46230 24658 54805 159807 26454 SCHOLARSHIP GOLF CLASSIC 94721 59961 34760 1400 14058 25000 14190 7768 321243 240253 80990 1400 14058 49658 68995 159807 34222 328140 -247150 1 DAVENPORT UNIVERSITY 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 381945965 501(C)(3) 1405141 0 N/A N/A TUITION SCHOLARSHIPS FOR DAVENPORT UNIVERSITY STUDENTS DAVENPORT UNIVERSITY 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 381945965 501(C)(3) 1549552 0 N/A N/A SPECIFIC PROGRAM FUND GRANTS DAVENPORT UNIVERSITY 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 381945965 501(C)(3) 290000 0 N/A N/A GENERAL OPERATING SUPPORT 1 0 PART I, LINE 2: DAVENPORT UNIVERSITY FOUNDATION'S GRANT TO DAVENPORT UNIVERSITY PROVIDED FUNDING FOR 497 ENDOWED SCHOLARSHIPS TO BE AWARDED TO DAVENPORT UNIVERSITY STUDENTS. THE PROCESS FOR MONITORING THE USE OF THESE SCHOLARSHIPS IS DESCRIBED IN THE SCHEDULE I ATTACHED TO DAVENPORT UNIVERSITY'S 2024 FORM 990. 1 1 0 0 0 0 0 0 0 DAVID VENEKLASE FORMER INTERIM TREASURER/SECRETARY/E 0 0 0 0 0 1089454 0 0 0 0 0 1089454 0 1089454 RICHARD PAPPAS TRUSTEE 0 383008 0 149747 0 42353 0 190346 0 35529 0 800983 0 0 ANTHONY ANDERSON TRUSTEE 0 207772 0 67760 0 24668 0 40274 0 42732 0 383206 0 0 RACHEL RENDER EXECUTIVE DIRECTOR/SECRETARY 0 178241 0 59052 0 21546 0 64205 0 42526 0 365570 0 0 PART I, LINE 3 THE EXECUTIVE DIRECTOR WAS COMPENSATED BY A RELATED ORGANIZATION, AND THEREFORE NONE OF THE LINE 3 BOXES HAVE BEEN CHECKED. THE RELATED ORGANIZATION USED THE FOLLOWING METHODOLOGIES TO ESTABLISH THE COMPENSATION OF THE EXECUTIVE DIRECTOR OF THE FILING ORGANIZATION: COMPENSATION COMMITTEE, FORM 990 OF OTHER ORGANIZATIONS, COMPENSATION SURVEY OR STUDY, AND APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE. PART I, LINES 4A-B RICHARD PAPPAS, ANTHONY ANDERSON AND RACHEL RENDER PARTICIPATED IN A SUPPLEMENTAL NON-QUALIFIED RETIREMENT PLAN. DAVE VENEKLASE RECEIVED A SEVERANCE PAYMENT OR CHANGE OF CONTROL PAYMENT FROM A RELATED ORGANIZATION. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE CORPORATE MEMBER OF DAVENPORT UNIVERSITY FOUNDATION IS DAVENPORT UNIVERSITY. FORM 990, PART VI, SECTION A, LINE 7A THE DAVENPORT UNIVERSITY FOUNDATION GOVERNING BODY HAS ESTABLISHED A NOMINATING COMMITTEE. THIS COMMITTEE NOMINATES NEW TRUSTEES TO SERVE ON THE DAVENPORT UNIVERSITY FOUNDATION GOVERNING BODY. APPOINTMENTS TO THE DAVENPORT UNIVERSITY FOUNDATION GOVERNING BODY ARE SUBJECT TO THE APPROVAL OF THE DAVENPORT UNIVERSITY GOVERNING BODY. FORM 990, PART VI, SECTION A, LINE 7B DAVENPORT UNIVERSITY, AS THE SOLE CORPORATE MEMBER OF DAVENPORT UNIVERSITY FOUNDATION, HAS CERTAIN RESERVE POWERS UNDER STATE LAW. ALL DECISIONS MADE BY THE DAVENPORT UNIVERSITY FOUNDATION GOVERNING BODY ARE RATIFIED BY THE DAVENPORT UNIVERSITY GOVERNING BODY. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 IS REVIEWED BY THE AUDIT AND FINANCE COMMITTEE OF THE UNIVERSITY PRIOR TO FILING. A COPY OF THE FORM 990 IS ALSO PROVIDED TO ALL FOUNDATION BOARD MEMBERS PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ANNUAL DISCLOSURE STATEMENTS ARE FILED WITH THE UNIVERSITY, AND REVIEWED BY THE CFO/EXECUTIVE VP FOR FINANCE. IF A CONFLICT ARISES, THE BOARD MEMBER WOULD STAY IN THE ROOM, NOT PARTAKE IN CONVERSATION UNLESS ASKED, AND ABSTAIN FROM VOTING. FORM 990, PART VI, SECTION B, LINE 15 NO COMPENSATION IS PAID FROM THE FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 DAVENPORT UNIVERSITY FOUNDATION MAKES DOCUMENTS AVAILABLE TO THE PUBLIC IN ACCORDANCE WITH STATE AND FEDERAL LAW. FORM 990, PART XI, LINE 9: CHANGE IN CASH SURRENDER VALUE OF LIFE INSURANCE 49,460. CHANGE IN BAD DEBT -30,000. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN PROCESS FROM THE PRIOR YEAR. DAVENPORT UNIVERSITY 6191 KRAFT AVE SE GRAND RAPIDS MI 49512 381945965 HIGHER EDUCATION MI 501(C)(3) LINE 2 N/A 0 0 1 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0