MARGARET DUNNING FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- MARGARET DUNNING FOUNDATION (EIN 38-3352930)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-15
- IRS object ID
- 202431369349103963
- Schema version
- 2023v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T13:43:35-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382050733 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELLEN SMITH & PIVOZ PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30800 TELEGRAPH ROAD SUITE 2800 | AddressLine1Txt |
| City | BINGHAM FARMS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 480254531 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383352930 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET DUNNING FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARG | BusinessNameControlTxt |
| Phone | 3135689000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 PARK STREET 375 | AddressLine1Txt |
| City | TRAVERSE CITY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49684 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT APPEL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3135689000 | PhoneNum |
| Signature | 2024-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | APPEL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK L SMITH | PreparerPersonNm |
| PTIN | P00059974 | PTIN |
| Phone | 2486422803 | PhoneNum |
| Preparation | 2024-05-14 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $26,379,083 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $879,927 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $879,927 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$364,264 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,179,906 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $11,220 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,220 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $526,883 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $891,147 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $3,117 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $20 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $17,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $10,336 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $225,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $225,000 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,771 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,532 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $96,484 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $81,262 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,428 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $349,872 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $83,794 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $249,784 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $820,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,088,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,169,872 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $83,794 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,337,784 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$642,989 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $807,353 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,557,886 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,879,347 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,879,347 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $23,107,884 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $22,881,973 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,483,418 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $21,557 | OtherAssetsBOYAmt |
| Other Assets EOY | $16,318 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $16,318 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $25,687,327 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,777,638 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,379,083 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $16,200 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $17,500 | AccountsPayableEOYAmt |
| Grants Payable BOY | $348,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $80,000 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $364,200 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $97,500 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $25,323,127 | RetainedEarningBOYAmt |
| Retained Earning EOY | $24,680,138 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,323,127 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,680,138 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,687,327 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,777,638 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,323,127 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$642,989 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $24,680,138 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $24,680,138 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MERRILL LYNCH - 4129 (DETAIL AVAILABLE UPON REQUEST) | P | 2022-06-30 | 2023-08-04 | $25,543 | $23,286 | $2,257 | $2,257 |
| MERRILL LYNCH - 4129 (DETAIL AVAILABLE UPON REQUEST) | P | 2017-01-19 | 2023-11-29 | $735,363 | $1,126,535 | -$391,172 | -$391,172 |
| MERRILL LYNCH - 4543 (DETAIL AVAILABLE UPON REQUEST) | P | 2022-03-30 | 2023-12-05 | $15,420 | $16,219 | -$799 | -$799 |
| MERRILL LYNCH - 4543 (DETAIL AVAILABLE UPON REQUEST) | P | 2016-09-23 | 2023-12-05 | $1,415,753 | $1,521,264 | -$105,511 | -$105,511 |
| MERRILL LYNCH - 4543 (DETAIL AVAILABLE UPON REQUEST) | P | 2016-09-23 | 2023-11-01 | $200,000 | $228,755 | -$28,755 | -$28,755 |
| MERRILL LYNCH - 4559 (DETAIL AVAILABLE UPON REQUEST) | P | 2022-12-28 | 2023-12-26 | $244,575 | $215,026 | $29,549 | $29,549 |
| MERRILL LYNCH - 4586 (DETAIL AVAILABLE UPON REQUEST) | P | 2022-05-04 | 2023-11-28 | $174,686 | $177,390 | -$2,704 | -$2,704 |
| MERRILL LYNCH - 4586 (DETAIL AVAILABLE UPON REQUEST) | P | 2022-05-04 | 2023-11-28 | $210,716 | $235,695 | -$24,979 | -$24,979 |
| CAPITAL GAINS DIVIDENDS | P | $157,850 | $157,850 | $157,850 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$364,264 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $11,222 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $11,222 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $11,222 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $21,952 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $21,952 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,730 | OverpaymentAmt |
| Applied To ES Tax | $10,730 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MARGARETDUNNINGFDN.ORG | WebsiteAddressTxt |
| Individual With Books | MELLEN SMITH PIVOZ PLC | IndividualWithBooksNm |
| Phone | 2486422803 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30800 TELEGRAPH RD SUITE 2800 | AddressLine1Txt |
| City | BINGHAM FARMS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT M STULBERG | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | PRESIDENT AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROBIN FERRIBY | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | SECRETARY AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| LOIS STULBERG | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | VICE PRESIDENT AND DIRECTO | 1.00 | $0 | $0 | $0 |
| ROBERT APPEL | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | TREASURER AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEITHERCUT PHILANTHROPY ADVISORS LLC | |||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | MANAGEMENT SERVICES | $230,000 |
| MERRILL LYNCH | |||||
| 39577 WOODWARD AVE SUITE 100 | BLOOMFIELD HILLS | MI | 48304 | INVESTMENT ADVISORY SERVICES | $81,262 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $23,655,422 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,962,920 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,618,342 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $25,618,342 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $384,275 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,234,067 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,261,703 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,261,703 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $11,222 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $11,222 | TotalTaxAmt |
| Distributable Before Adj | $1,250,481 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,250,481 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,250,481 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,337,784 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,337,784 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,250,481 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $29,944 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $58,443 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $126,307 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $214,694 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,337,784 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,250,481 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $87,303 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $301,997 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $301,997 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $29,944 | ExcessFromYear3Amt |
| Excess From Year2 | $58,443 | ExcessFromYear2Amt |
| Excess From Year1 | $126,307 | ExcessFromYear1Amt |
| Excess From Current Year | $87,303 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARK NEITHERCUT NEITHERCUT PHILANTH | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 PARK STREET SUITE 375 | AddressLine1Txt |
| City | TRAVERSE CITY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49684 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3135689000 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE WRITTEN AND STATE PURPOSE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | YES, SEE WEBSITE | SubmissionDeadlinesTxt |
| Restrictions On Awards | YES, SEE WEBSITE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (29 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ARC OF NORTHWEST WAYNE COUNTY | ||||||
| 26049 FIVE MILE RD | REDFORD CHARTER TWP | MI | 48239 | PC | FACILITY RENOVATIONS | $50,000 |
| CANTON COMMUNITY FOUNDATION | ||||||
| 50430 SCHOOL HOUSE RD 200 | CANTON | MI | 48187 | PC | SOFTWARE AND WEBSITE UPGRADES | $11,000 |
| COLLEGE FOR CREATIVE STUDIES | ||||||
| 201 E KIRBY | DETROIT | MI | 48202 | PC | ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN | $80,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | ||||||
| 333 FORT STREET SUITE 2010 | DETROIT | MI | 48226 | PC | DONOR ADVISED FUNDS | $25,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | ||||||
| 333 FORT STREET SUITE 2010 | DETROIT | MI | 48226 | PC | DONOR ADVISED FUNDS | $25,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | ||||||
| 333 FORT STREET SUITE 2010 | DETROIT | MI | 48226 | PC | DONOR ADVISED FUNDS | $25,000 |
| COMMUNITY OPPORTUNITY CENTER | ||||||
| 14147 FARMINGTON RD | LIVONIA | MI | 48154 | PC | FACILITY RENOVATIONS AT ITS PLYMOUTH AND REDFORD OPPORTUNITY HOUSES | $40,000 |
| EASTERN MICHIGAN UNIVERSITY FOUNDATION | ||||||
| 850 W CROSS ST | YPSILANTI | MI | 48197 | PC | A STATEWIDE HIGH SCHOOL AUTOMOTIVE AND TRANSPORTATION SKILLS COMPETITION | $38,000 |
| FRIENDS OF THE PENN | ||||||
| 760 PENNIMAN AVENUE | PLYMOUTH | MI | 48170 | PC | FACILITY RENOVATIONS AT THE PENN THEATRE | $19,000 |
| GROWTH WORKS | ||||||
| 271 S MAIN STREET | PLYMOUTH | MI | 48170 | PC | TWO PASSENGER VANS | $80,000 |
| GULF COAST COMMUNITY FOUNDATION | ||||||
| 601 TAMIAMI TRAIL SOUTH | VENICE | FL | 34285 | PC | DONOR ADVISED FUNDS | $25,000 |
| HARTLAND CONSOLIDATED SCHOOLS | ||||||
| 9525 E HIGHLAND RD | HOWELL | MI | 48843 | PC | AUTOMOTIVE EQUIPMENT UPGRADES AT HARTLAND HIGH SCHOOL | $41,000 |
| HEGIRA HEALTH INC | ||||||
| 37450 SCHOOLCRAFT RD SUITE 110 | LIVONIA | MI | 48150 | PC | FACILITY IMPROVEMENTS AT ITS SUBSTANCE USE RECOVERY CENTER IN CANTON | $41,000 |
| JUNIOR ACHIEVEMENT OF SOUTHEASTERN MICHIGAN | ||||||
| 577 LARNED ST | DETROIT | MI | 48226 | PC | EDUCATIONAL PROGRAMMING IN WESTERN WAYNE COUNTY SCHOOLS | $10,000 |
| LAKE ORION PUBLIC SCHOOLS | ||||||
| 315 NORTH LAPEER STREET | LAKE ORION | MI | 48362 | PC | AUTOMOTIVE EQUIPMENT UPGRADES AT LAKE ORION HIGH SCHOOL | $30,000 |
| MACOMB COMMUNITY COLLEGE FOUNDATION | ||||||
| 14500 E 12 MILE RD CS-221 | WARREN | MI | 48088 | PC | ELECTRIC VEHICLE TOOLS AND EQUIPMENT | $44,000 |
| NEW HOPE CENTER FOR GRIEF SUPPORT | ||||||
| 133 W MAIN ST SUITE 113 | NORTHVILLE | MI | 48167 | PC | EARLY GRIEF PROGRAMMING | $25,000 |
| OAKLAND SCHOOLS | ||||||
| 2111 PONTIAC LAKE ROAD | WATERFORD | MI | 48328 | PC | EQUIPMENT UPGRADES TO AUTOMOTIVE TECHNOLOGY PROGRAMS IN 10 SCHOOLS IN OAKLAND COUNTY | $59,000 |
| OAKLAND SCHOOLS | ||||||
| 2111 PONTIAC LAKE ROAD | WATERFORD | MI | 48328 | PC | A MASTER-LEVEL AUTOMOTIVE TRAINING PROGRAM AT THE OAKLAND SCHOOLS TECHNICAL CAMPUS NORTHEAST | $66,000 |
| PLYMOUTH COMMUNITY ARTS COUNCIL | ||||||
| 774 N SHELDON ROAD | PLYMOUTH | MI | 48170 | PC | SAFETY AND ACCESSIBILITY FACILITY IMPROVEMENTS | $14,000 |
| REDFORD INTERFAITH RELIEF | ||||||
| 18499 BEECH DALY | REDFORD CHARTER TWP | MI | 48240 | PC | FACILITY IMPROVEMENTS | $73,000 |
| SANILAC INTERMEDIATE SCHOOL DISTRICT | ||||||
| 46 N JACKSON ST | SANDUSKY | MI | 48471 | PC | TIRE-BALANCING EQUIPMENT AT THE SANILAC CAREER CENTER | $22,000 |
| SOUTH REDFORD SCHOOL DISTRICT | ||||||
| 26141 SCHOOLCRAFT | REDFORD | MI | 48239 | PC | EQUIPMENT FOR A NEW AUTOMOTIVE PROGRAM AT THURSTON HIGH SCHOOL | $90,000 |
| ST VINCENT DE PAUL OF DETROIT | ||||||
| 3000 GRATIOT AVENUE | DETROIT | MI | 48207 | PC | TRANSPORTATION SUPPORT TO FAMILIES AT RISK OF HOMELESSNESS IN WESTERN WAYNE COUNTY | $17,000 |
| ST VINCENT DE PAUL OF DETROIT | ||||||
| 3000 GRATIOT AVENUE | DETROIT | MI | 48207 | PC | TRANSPORTATION SUPPORT TO FAMILIES AT RISK OF HOMELESSNESS IN WESTERN WAYNE COUNTY | $16,000 |
| THE SARASOTA-MANATEE JEWISH FEDERATION | ||||||
| 580 SOUTH MCINTOSH ROAD | SARASOTA | FL | 34232 | PC | DONOR ADVISED FUNDS | $25,000 |
| VISTA MARIA | ||||||
| 20651 W WARREN ST | DEARBORN HEIGHTS | MI | 48127 | PC | FACILITY RENOVATIONS | $35,000 |
| WAYNE COUNTY COMMUNITY COLLEGE DISTRICT | ||||||
| 801 W FORT ST | DETROIT | MI | 48226 | PC | EQUIPMENT FOR USE IN ELECTRICAL ENGINEERING, MECHATRONICS TECHNOLOGY, AND AUTOMOTIVE PROGRAMS | $27,000 |
| WYANDOTTE PUBLIC SCHOOLS | ||||||
| 639 OAK STREET | WYANDOTTE | MI | 48192 | PC | AUTOMOTIVE EQUIPMENT AT THEODORE ROOSEVELT HIGH SCHOOL | $35,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,088,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $879,927 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11,220 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$364,264 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $526,883 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $526,883 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $17,500 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $10,336 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST | AT COST | $11,299 | $11,299 |
| INVESTMENTS IN MARKETABLE SECURITIES | AT COST | $22,870,674 | $24,472,119 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $3,117 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $20 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID EXCISE TAX | Desc |
| BOY Book Value | $21,557 | BOYBookValueAmt |
| EOY Book Value | $16,318 | EOYBookValueAmt |
| EOYFMV | $16,318 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $81,262 | $81,262 | $0 |
| INSURANCE | $3,428 | $0 | $3,428 |
| DUES | $6,000 | $0 | $6,000 |
| ADMINISTRATIVE | $5,000 | $0 | $5,000 |
| BANK FEES | $794 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ML - LIMITED PARTNERSHIP INCOME - 4543 | Desc |
| Revenue And Expenses Per Books | $11,220 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $11,220 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $11,220 | AdjustedNetIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT SERVICES | CategoryTxt |
| Amt | $225,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $225,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | $5,239 | $0 | $0 |
| FOREIGN TAXES | $2,532 | $2,532 | $0 |
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