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Printable Form IRS-990 Grand Rapids Michigan: What You Should Know

Details about Grand Rapids Community Foundation β€” IRS Filing β€” Internal Revenue Service Information about Form 990-PF and its instructions is at Located atΒ 55 CAMP AU AVE NW SUITE 501 GRAND RAPIDS MI. Electronic copies (images) of Returns (990, 990-EZ, 990-PF, 990-T). Details about Grand Valley State University β€” Grand Valley Reporter and Grand Valley Press GRAND VALLEY, Mich. β€” The University of Michigan has decided not to seek new tax-exempt status from the Internal Revenue Service. GRANVILLE β€” With the University of Michigan in negotiations to seek a new tax-exempt U.S. status, the question for state law enforcement agencies, philanthropists, universities and their leaders is whether to take a neutral stance for or against the university's effort. Two major philanthropic groups β€” the John S. and James L. Knight Foundation and The David and Lucile Packard Foundation β€” together support U-M; others are split between backing the push for tax-exempt status and not. The university's position has been that it had the backing of its financial backers after the U.S. Supreme Court in 2023 held that it could consider itself an educational institution subject to the tax code. That ruling was an important breakthrough for U-M, which began the process of applying for tax-exempt status in 2004; it's a much tougher task now, given the court's holding in the Knight-Packer case that tax-exempt status is not available without a university. Still, the university's stance has been that its backers agreed to donate money to a separate endowment and to fund an endowment fund, which has been managed by the university, instead of to U-M as a nonprofit entity. At least one donor β€” one who can now be seen at the bottom left-hand corner of the university's logo, as seen in a photo released by the university β€” had expressed concerns about whether the university could truly consider itself a nonprofit entity. But the university says its backers, under the new U.S. tax code, can now designate U-M as a non-profit entity.

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