Civic Intelligence

Steelcase Foundation

990PF • Fiscal year 2021 • EIN 38-6050470

Dec 01, 2020 to Nov 30, 2021 • Filed on Oct 17, 2022

Organization Profile
PO Box 1967Grand Rapids, MI 49501-1967

(616) 246-4695

Siviq Scores

Scores are not available for this record yet.

Balance Sheet

Assets

Up

$141,307,595

Up $27,163,117 (+24%) from 2020

Net Assets

Up

$139,090,869

Up $27,968,262 (+25%) from 2020

Liabilities

Down

$2,216,726

Down $805,145 (-27%) from 2020

Revenue And Expenses

Revenue

Down

$3,856,782

Down $1,779,162 (-32%) from 2020

Expenses

Down

$5,746,066

Down $1,834,932 (-24%) from 2020

Net Income

Up

-$1,889,284

Up $55,770 (+2.9%) from 2020

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$150M$100M$50M$0Assets 2011: $83,798,547Liabilities 2011: $2,455,0002011Assets 2012: $88,612,431Liabilities 2012: $2,425,0002012Assets 2013: $97,773,053Liabilities 2013: $3,768,7902013Assets 2014: $99,681,067Liabilities 2014: $2,877,5002014Assets 2015: $93,670,620Liabilities 2015: $3,500,5322015Assets 2019: $107,121,478Liabilities 2019: $2,999,3522019Assets 2020: $114,144,478Liabilities 2020: $3,021,871Net Assets 2020: $111,122,6072020Assets 2021: $141,307,595Liabilities 2021: $2,216,726Net Assets 2021: $139,090,8692021Assets 2021: $143,675,426Liabilities 2021: $2,253,868Net Assets 2021: $141,421,5582021Assets 2022: $123,229,142Liabilities 2022: $6,584,313Net Assets 2022: $116,644,8292022Assets 2023: $126,164,413Liabilities 2023: $7,264,644Net Assets 2023: $118,899,7692023Assets 2024: $128,845,241Liabilities 2024: $7,556,490Net Assets 2024: $121,288,7512024

Highlighted filing

2021

Assets$141,307,595
Liabilities$2,216,726
Net Assets$139,090,869
Open 2021 Filing

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$10M$0-$10M-$20MRevenue 2011: $3,924,198Expenses 2011: $4,514,302Net Income 2011: -$590,1042011Revenue 2012: $9,452,368Expenses 2012: $4,608,484Net Income 2012: $4,843,8842012Revenue 2013: $14,649,185Expenses 2013: $6,832,353Net Income 2013: $7,816,8322013Revenue 2014: $4,628,299Expenses 2014: $4,779,746Net Income 2014: -$151,4472014Revenue 2015: $4,317,862Expenses 2015: $6,472,808Net Income 2015: -$2,154,9462015Revenue 2019: $6,017,951Expenses 2019: $7,169,757Net Income 2019: -$1,151,8062019Revenue 2020: $5,635,944Expenses 2020: $7,580,998Net Income 2020: -$1,945,0542020Revenue 2021: $3,856,782Expenses 2021: $5,746,066Net Income 2021: -$1,889,2842021Revenue 2021: $6,319,800Expenses 2021: $478,839Net Income 2021: $5,840,9612021Revenue 2022: $2,017,741Expenses 2022: $12,128,007Net Income 2022: -$10,110,2662022Revenue 2023: $2,729,687Expenses 2023: $9,331,414Net Income 2023: -$6,601,7272023Revenue 2024: $5,758,161Expenses 2024: $9,610,001Net Income 2024: -$3,851,8402024

Highlighted filing

2021

Revenue$3,856,782
Expenses$5,746,066
Net Income-$1,889,284
Open 2021 Filing
Jump To
Filing Snapshot
Filing Period
Dec 1, 2020 to Nov 30, 2021
Signed
Oct 17, 2022
Return Version
2020v4.1
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
daniel williamsPresident (Began Feb. 2021)FT$125,244$6,419$131,663
JULIE RIDENOURPresident (Through Feb. 2021)FT$36,637$8,913$45,550
KATE PEW WOLTERSBoard Chair-$0--
ROBERT C PEW IIITrustee-$0--
MARY ANNE HUNTINGTrustee-$0--
JAMES P KEANETrustee (Through July 2021)-$0--
ELIZABETH WELCHTrustee-$0--
CRAIG NIEMANNTrustee-$0--
ROBERT C PEWTrustee-$0--
BRIAN CLOYDTrustee-$0--
SARA ARMBRUSTERTrustee (Began July 2021)-$0--
Filing and Contact Details

Filer

Filer Name
Steelcase Foundation
EIN
38-6050470
In Care Of
% LESLIE SCHOEN
Phone
6162464695
Address
PO BOX 1967, GRAND RAPIDS, MI 49501-1967

Signing Officer

Name
Daniel Williams
Title
President
Phone
6162464695
Signed
2022-10-17
Discuss with paid preparer
Yes

Preparer

Firm
Bdo USA Llp
Address
200 OTTAWA AVE NW STE 300, GRAND RAPIDS, MI 49503
Preparer
Jacob Cook
Phone
6167747000
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt0ALTERNATIVE INVESTMENTS
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt1ACCOLADE PARTNERS IV, LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt2ACCOLADE PARTNERS V, LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt3ACCOLADE PARTNERS VI, LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt4ACCOLADE PARTNERS VII, LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt5ACCOLADE PARTNERS VIII, LP
InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt6ACCOLADE GROWTH
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt8AETHER REAL ASSETS III
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt10AETHER REAL ASSETS V
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt17CITY OF LONDON GLBL. EM. MTK
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/CategoryOrItemTxt24DOVER X
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd41FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd42FMV
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd52FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd53FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd54FMV
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd56FMV
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InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd59FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd60FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd61FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd62FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd63FMV
InvestmentsOtherSchedule2/InvestmentsOtherGrp/ListedAtCostOrFMVCd64FMV
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IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionAmt0424803
IRS990PF/AnalysisIncomeProducingActyGrp/DivAndIntFromSecPartVIIGrp/ExclusionCd014
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionAmt02766007
IRS990PF/AnalysisIncomeProducingActyGrp/GainSalesAstOthThanInvntryGrp/ExclusionCd018
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc0REIMBURSEMENT FROM STEELCASE, INC. FOR
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/Desc1SALARIES AND EXPENSES OF THE DEPARTMENT
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionAmt0554126
IRS990PF/AnalysisIncomeProducingActyGrp/OtherRevenueDescribedGrp/ExclusionCd013
IRS990PF/AnalysisIncomeProducingActyGrp/SubtotalsIncmProducingActyGrp/ExclusionAmt03744936
IRS990PF/AnalysisIncomeProducingActyGrp/TotalIncomeProducingActyAmt03744936
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesChrtblPrpsAmt016460
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesNetInvstIncmAmt038407
IRS990PF/AnalysisOfRevenueAndExpenses/AccountingFeesRevAndExpnssAmt054868
IRS990PF/AnalysisOfRevenueAndExpenses/CapGainNetIncmNetInvstIncmAmt02766007
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstDsbrsChrtblAmt0145693
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstNetInvstIncmAmt016188
IRS990PF/AnalysisOfRevenueAndExpenses/CompOfcrDirTrstRevAndExpnssAmt0161881
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidDsbrsChrtblAmt04359539
IRS990PF/AnalysisOfRevenueAndExpenses/ContriPaidRevAndExpnssAmt03394602
IRS990PF/AnalysisOfRevenueAndExpenses/ContriRcvdRevAndExpnssAmt0121846
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsNetInvstIncmAmt0271397
IRS990PF/AnalysisOfRevenueAndExpenses/DividendsRevAndExpnssAmt0424803
IRS990PF/AnalysisOfRevenueAndExpenses/ExcessRevenueOverExpensesAmt0-1889284
IRS990PF/AnalysisOfRevenueAndExpenses/GrossSalesPriceAmt014564643
IRS990PF/AnalysisOfRevenueAndExpenses/NetGainSaleAstRevAndExpnssAmt02766007
IRS990PF/AnalysisOfRevenueAndExpenses/NetInvestmentIncomeAmt04939912
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyDsbrsChrtblAmt0292
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyNetInvstIncmAmt032
IRS990PF/AnalysisOfRevenueAndExpenses/OccupancyRevAndExpnssAmt0324
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsDsbrsChrtblAmt0170246
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsNetInvstIncmAmt018916
IRS990PF/AnalysisOfRevenueAndExpenses/OthEmplSlrsWgsRevAndExpnssAmt0189162
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesDsbrsChrtblAmt056475
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesNetInvstIncmAmt01273693
IRS990PF/AnalysisOfRevenueAndExpenses/OtherExpensesRevAndExpnssAmt062693
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeNetInvstIncmAmt03759500
IRS990PF/AnalysisOfRevenueAndExpenses/OtherIncomeRevAndExpnssAmt0544126
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesDsbrsChrtblAmt020000
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesNetInvstIncmAmt0452447
IRS990PF/AnalysisOfRevenueAndExpenses/OtherProfFeesRevAndExpnssAmt01710706
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftDsbrsChrtblAmt052473
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftNetInvstIncmAmt05830
IRS990PF/AnalysisOfRevenueAndExpenses/PensionEmplBnftRevAndExpnssAmt058303
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubDsbrsChrtblAmt015485
IRS990PF/AnalysisOfRevenueAndExpenses/PrintingAndPubRevAndExpnssAmt015485
IRS990PF/AnalysisOfRevenueAndExpenses/ScheduleBNotRequiredInd0X
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesNetInvstIncmAmt051479
IRS990PF/AnalysisOfRevenueAndExpenses/TaxesRevAndExpnssAmt096632
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesDsbrsChrtblAmt04838073
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesNetInvstIncmAmt01856992
IRS990PF/AnalysisOfRevenueAndExpenses/TotalExpensesRevAndExpnssAmt05746066
IRS990PF/AnalysisOfRevenueAndExpenses/TotalNetInvstIncmAmt06796904
IRS990PF/AnalysisOfRevenueAndExpenses/TotalRevAndExpnssAmt03856782
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesDsbrsChrtblAmt0478534
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesNetInvstIncmAmt01856992
IRS990PF/AnalysisOfRevenueAndExpenses/TotOprExpensesRevAndExpnssAmt02351464
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingDsbrsChrtblAmt01410
IRS990PF/AnalysisOfRevenueAndExpenses/TravConfMeetingRevAndExpnssAmt01410
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/CostOrOtherBasisAmt011798636
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt01355402
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt1-242183
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainOrLossAmt21652788
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GainsMinusExcessOrLossesAmt01355402
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/GrossSalesPriceAmt013154038
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc0GAIN FROM PUB. TRADED SECURITIES
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc1ST FROM PASS-THROUGH INVESTMENTS
IRS990PF/CapGainsLossTxInvstIncmDetail/CapGainsLossTxInvstIncmGrp/PropertyDesc2LT FROM PASS-THROUGH INVESTMENTS
IRS990PF/CapGainsLossTxInvstIncmDetail/CapitalGainNetIncomeAmt02766007
IRS990PF/ChgInNetAssetsFundBalancesGrp/ExcessRevenueOverExpensesAmt0-1889284
IRS990PF/ChgInNetAssetsFundBalancesGrp/OtherIncreasesAmt029857546
IRS990PF/ChgInNetAssetsFundBalancesGrp/SubtotalAmt0139090869
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesBOYAmt0111122607
IRS990PF/ChgInNetAssetsFundBalancesGrp/TotNetAstOrFundBalancesEOYAmt0139090869
IRS990PF/DistributableAmountGrp/DistributableAsAdjustedAmt06021881
IRS990PF/DistributableAmountGrp/DistributableBeforeAdjAmt06021881
IRS990PF/DistributableAmountGrp/DistributableBeforeDedAmt06021881
IRS990PF/DistributableAmountGrp/MinimumInvestmentReturnAmt06090546
IRS990PF/DistributableAmountGrp/TaxBasedOnInvestmentIncomeAmt068665
IRS990PF/DistributableAmountGrp/TotalTaxAmt068665

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Filings

Displayed year

2021 • Form 990PFDetailed filing. Detailed filing data is available for this year.

Open filing
Assets
$141,307,595
Liabilities
$2,216,726
Net assets
$139,090,869
Revenue
$3,856,782
Expenses
$5,746,066
Net income
-$1,889,284
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$129$7.56$121$5.76$9.61$3.85
2023Detailed filing. Detailed filing data is available for this year.$126$7.26$119$2.73$9.33$6.60
2022Detailed filing. Detailed filing data is available for this year.$123$6.58$117$2.02$12.1$10.1
2021Detailed filing. Detailed filing data is available for this year.$144$2.25$141$6.32$0.48$5.84
2021Detailed filing. Detailed filing data is available for this year.$141$2.22$139$3.86$5.75$1.89
2020Detailed filing. Detailed filing data is available for this year.$114$3.02$111$5.64$7.58$1.95
2019Summary only. Only limited summary data is available for this year.$107$3.00$6.02$7.17$1.15
2015Summary only. Only limited summary data is available for this year.$93.7$3.50$4.32$6.47$2.15
2014Summary only. Only limited summary data is available for this year.$99.7$2.88$4.63$4.78$0.15
2013Summary only. Only limited summary data is available for this year.$97.8$3.77$14.6$6.83$7.82
2012Summary only. Only limited summary data is available for this year.$88.6$2.43$9.45$4.61$4.84
2011Summary only. Only limited summary data is available for this year.$83.8$2.46$3.92$4.51$0.59
Peer Organizations

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