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Nonprofiteer
← LJ MIDGE VERPLANK COMMUNITY IMPACT FUND

Form 990 for tax year 2025

Filed by LJ MIDGE VERPLANK COMMUNITY IMPACT FUND.

Totals

Total revenue
$45,292,051
Total expenses
$594,302
Contributions and grants received
$45,002,304
Grants paid
$500,494
Program service revenue
$0
Investment income
$289,747
Other revenue
$0
Total assets, end of year
$52,700,228
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$52,700,228
Program services expenses (Part IX)
$500,494
Management and general expenses
$93,808
Fundraising expenses
$0
Program service expenses (Part III)
$500,494

Program services were 84.2% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $45,002,304

  • 2f · All other program service revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 3 · Investment income

    total $225,039 · excluded $225,039

  • 6c · Rental income or loss

    real property $0 · personal property $0

  • 7a · Gross sales of assets other than inventory

    securities $64,708

  • 7b · Less cost or other basis and sales expenses

    securities $0

  • 7c · Gain or loss

    securities $64,708 · other assets $0

  • 7d · Net gain or loss

    total $64,708 · excluded $64,708

  • 8c · Net income from fundraising events

    total $0

  • 11d · All other revenue

    total $0 · related or exempt $0 · unrelated business $0 · excluded $0

  • 11e · Other revenue, total

    $0

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $500,494 · program services $500,494

  • 11f · Fees: investment management

    total $93,808 · management and general $93,808

  • 11g · Fees: other

    total $0 · program services $0 · management and general $0 · fundraising $0

  • 24e · All other expenses

    total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $8,179 · end of year $193,943

  • 3 · Pledges and grants receivable

    beginning of year $0 · end of year $39,847,898

  • 5 · Loans and receivables from officers and key people

    beginning of year $0 · end of year $0

  • 6 · Loans and receivables from disqualified persons

    beginning of year $0 · end of year $0

  • 10a · Land, buildings and equipment: cost or other basis

    $0

  • 10b · Land, buildings and equipment: accumulated depreciation

    $0

  • 10c · Land, buildings and equipment, net

    beginning of year $0 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $6,860,270 · end of year $12,658,387

  • 12 · Investments: other securities

    beginning of year $0

  • 13 · Investments: program-related

    beginning of year $0

  • 15 · Other assets

    beginning of year $0 · end of year $0

  • 22 · Loans and payables to officers and key people

    beginning of year $0 · end of year $0

  • 25 · Other liabilities

    beginning of year $0 · end of year $0

  • 27 · Net assets without donor restrictions

    beginning of year $6,868,449 · end of year $52,700,228

Mission and programs · 2025

Mission

THE CORPORATION IS ORGANIZED TO SUPPORT THE GRAND HAVEN AREA COMMUNITY FOUNDATION AND WILL SUPPORT THE GREATEST NEEDS OF THE WEST MICHIGAN REGION INCLUDING SUPPORT TO POSITIVELY IMPACT OTTAWA COUNTY AND MUSKEGON COUNTY.

Activities or mission (Part I)

THE L.J. "MIDGE" VERPLANK COMMUNITY IMPACT FUND IS A SUPPORTING ORGANIZATION WHICH WILL SUPPORT THE PURPOSES AND ACTIVITIES OF THE GRAND HAVEN AREA COMMUNITY FOUNDATION, INC. WITH SPECIFIC FOCUS ON COMMUNITY NEEDS IN OTTAWA AND MUSKEGON COUNTIES. A SECTION 501(C)(3) ORGANIZATION WHICH QUALIFIES AS A PUBLICLY SUPPORTED ORGANIZATION UNDER SECTIONS 509(A)(1) AND 170(B)(1)(A)(VI) OF THE CODE AND OTHER PUBLIC CHARITIES THAT ARE CLOSELY RELATED IN PURPOSE OR FUNCTION TO THE COMMUNITY FOUNDATION.

  • RECEIVE AND ADMINISTER FUNDS IN SUPPORT OF ACTIVITIES RELATED IN PURPOSE OR FUNCTION TO THE GRAND HAVEN AREA COMMUNITY FOUNDATION, INC. WITH SPECIFIC FOCUS ON COMMUNITY NEEDS IN OTTAWA AND MUSKEGON COUNTIES.

    Expenses $500,494 · Grants $500,494

As filed on the 2025 return.

Listed in Part VII

  • Barbara Vanheest

    CHAIR

    Total calculated
    $0
    Hours/week
    0.3

  • Rob Peel

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.3 + 1 related

  • Thomas Creswell

    TREASURER

    Total calculated
    $0
    Hours/week
    0.3

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2025
Filed
22 September 2026
IRS schema version
2025v4.2
Source object
202622659349300642

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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