HENRY FORD ESTATE: Form 990, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: HENRY FORD ESTATE (EIN 27-4877171)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-11-10
IRS object ID: 202233149349305618
Schema version: 2021v4.2
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
Schedule A
Schedule B
Schedule D
Schedule G
Schedule M
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-11-10T14:24:11-06:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	381357951	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PLANTE & MORAN PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	2601 CAMBRIDGE CT STE 300	AddressLine1Txt
City	AUBURN HILLS	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48326	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	274877171	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	HENRY FORD ESTATE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	HENR	BusinessNameControlTxt
Phone	3136683200	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 FAIR LANE DR	AddressLine1Txt
City	DEARBORN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48128	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ROBERT BURY	PersonNm
Person Title	PRESIDENT & CEO	PersonTitleTxt
Phone	3136683200	PhoneNum
Signature	2022-11-08	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	BURY	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	DORI J EGGETT	PreparerPersonNm
PTIN	P00645252	PTIN
Phone	2483757100	PhoneNum
Preparation	2022-11-08	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	3	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	ROBERT BURY	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 FAIR LANE DR	AddressLine1Txt
City	DEARBORN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48128	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,763,945	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.HENRYFORDFAIRLANE.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2010	FormationYr
Legal Domicile State	MI	LegalDomicileStateCd
Activity Or Mission	OUR MISSION IS TO ILLUMINATE THE LIVES AND LEGACY OF CLARA AND HENRY FORD FOR OUR VISITORS THROUGH THE PRESERVATION AND REIMAGINATION OF THEIR BELOVED ESTATE.	ActivityOrMissionDesc
Voting Members Governing Body	8	VotingMembersGoverningBodyCnt
Voting Members Independent	8	VotingMembersIndependentCnt
Total Employee	17	TotalEmployeeCnt
Total Volunteers	44	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$649,967	PYContributionsGrantsAmt
CY Contributions Grants	$1,158,569	CYContributionsGrantsAmt
PY Program Service Revenue	$0	PYProgramServiceRevenueAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$184,972	PYInvestmentIncomeAmt
CY Investment Income	$202,685	CYInvestmentIncomeAmt
PY Other Revenue	$132,180	PYOtherRevenueAmt
CY Other Revenue	$83,358	CYOtherRevenueAmt
PY Total Revenue	$967,119	PYTotalRevenueAmt
CY Total Revenue	$1,444,612	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$731,594	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$763,141	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$110,324	CYTotalFundraisingExpenseAmt
PY Other Expenses	$982,665	PYOtherExpensesAmt
CY Other Expenses	$1,408,181	CYOtherExpensesAmt
PY Total Expenses	$1,714,259	PYTotalExpensesAmt
CY Total Expenses	$2,171,322	CYTotalExpensesAmt
PY Revenues Less Expenses	-$747,140	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$726,710	CYRevenuesLessExpensesAmt
Total Assets BOY	$32,282,338	TotalAssetsBOYAmt
Total Assets EOY	$32,609,542	TotalAssetsEOYAmt
Total Liabilities BOY	$507,059	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$326,408	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$31,775,279	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$32,283,134	NetAssetsOrFundBalancesEOYAmt
Mission	THE HENRY FORD ESTATE - FAIR LANE PROMOTES AND PERPETUATES THE LEGACY OF CLARA AND HENRY FORD AND UTILIZES THEIR UNIQUE CONTRIBUTIONS TO INSPIRE AND EDUCATE.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$466,393	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	TO REIMAGINE THE ROLE AND RELEVANCE OF AN ICONIC AMERICAN HOME. INSPIRED BY THE GREAT IMPACT OF CLARA AND HENRY FORD, STILL RELEVANT TODAY, VISITORS TO FAIR LANE WILL ENGAGE AND CONNECT IN A PERSONAL AND IMMERSIVE WAY THAT INSPIRES CURIOSITY, CREATIVITY, INNOVATION AND ACTION.	Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

Field	Value	IRS element (for citing)
Expense	$1,008,238	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	TO RESTORE THE ESTATE OF CLARA AND HENRY FORD.	Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

Field	Value	IRS element (for citing)
Expense	$217,954	ExpenseAmt
Grant	$0	GrantAmt
Revenue	$0	RevenueAmt
Desc	TO PROVIDE ENRICHMENT OPPORTUNITIES TO THE COMMUNITY	Desc

Field	Value	IRS element (for citing)
Total Program Service Expenses	$1,692,585	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	Yes (1)	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	Yes (1)	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Donor Rstr Or Quasi Endowments	Yes (1)	DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	0	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	0	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (1)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	0	ConsolidatedAuditFinclStmtInd
School Operating	0	SchoolOperatingInd
Foreign Office	0	ForeignOfficeInd
Foreign Activities	0	ForeignActivitiesInd
More Than5000 K To Org	0	MoreThan5000KToOrgInd
More Than5000 K To Individuals	0	MoreThan5000KToIndividualsInd
Professional Fundraising	0	ProfessionalFundraisingInd
Fundraising Activities	Yes (1)	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	0	ScheduleJRequiredInd
Tax Exempt Bonds	0	TaxExemptBondsInd
Engaged In Excess Benefit Trans	0	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	0	PYExcessBenefitTransInd
Loan Outstanding	0	LoanOutstandingInd
Grant To Related Person	0	GrantToRelatedPersonInd
Business Rln With Org Mem	0	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	0	BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent	0	BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri	Yes (1)	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	0	DisregardedEntityInd
Related Entity	0	RelatedEntityInd
Related Organization Ctrl Ent	0	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	0	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	0	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (1)	ScheduleORequiredInd
IRP Document	28	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (1)	BackupWthldComplianceInd
Employee	17	EmployeeCnt
Employment Tax Returns Filed	Yes (1)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	0	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Taxable Party Notification	0	TaxablePartyNotificationInd
Nondeductible Contributions	0	NondeductibleContributionsInd
Quid Pro Quo Contributions	Yes (1)	QuidProQuoContributionsInd
Quid Pro Quo Contri Discl	Yes (1)	QuidProQuoContriDisclInd
Form8282 Property Disposed Of	0	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Indoor Tanning Services	0	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	0	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	8	GoverningBodyVotingMembersCnt
Independent Voting Member	8	IndependentVotingMemberCnt
Family Or Business Rln	Yes (1)	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	0	DelegationOfMgmtDutiesInd
Change To Org Documents	0	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	0	MaterialDiversionOrMisuseInd
Members Or Stockholders	Yes (1)	MembersOrStockholdersInd
Election Of Board Members	Yes (1)	ElectionOfBoardMembersInd
Decisions Subject To Approva	0	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (1)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (1)	MinutesOfCommitteesInd
Officer Mailing Address	0	OfficerMailingAddressInd
Local Chapters	0	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (1)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (1)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (1)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (1)	RegularMonitoringEnfrcInd
Whistleblower Policy	0	WhistleblowerPolicyInd
Document Retention Policy	0	DocumentRetentionPolicyInd
Compensation Process CEO	0	CompensationProcessCEOInd
Compensation Process Other	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
States Where Copy Of Return Is Fld	MI	StatesWhereCopyOfReturnIsFldCd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	ROBERT BURY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3137191999	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1 FAIR LANE	AddressLine1Txt
City	DEARBORN	CityNm
State Abbreviation	MI	StateAbbreviationCd
ZIP	48128	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (10 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
ROBERT BURY
PRESIDENT & CEO	25.00	0.00	Yes (X)	Yes (X)	$137,631	$0	$5,983
EDSEL B FORD II
CHAIRMAN	1.00	1.00	Yes (X)	Yes (X)	$0	$0	$0
MICHAEL RITCHIE
TREASURER	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
DONNA INCH
SECRETARY	1.00	0.00	Yes (X)	Yes (X)	$0	$0	$0
LYNN F ALANDT
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
ELENA FORD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CYNTHIA FORD
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
EVAN LYALL
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
MARK PETROFF
TRUSTEE	1.00	0.00	Yes (X)		$0	$0	$0
CHRISTOPHER DINE
ADVISOR	1.00	0.00	Yes (X)		$0	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$137,631	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$5,983	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	1	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	0	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp (4 entries)

Address Line1ContractorAddress/USAddress/AddressLine1Txt	CityContractorAddress/USAddress/CityNm	State AbbreviationContractorAddress/USAddress/StateAbbreviationCd	ZIPContractorAddress/USAddress/ZIPCd	ServicesServicesDesc	CompensationCompensationAmt
JOHN CANNING & CO LTD
150 COMMERCE COURT	CHESHIRE	CT	06410	RESTORATION SERVICES	$261,000
SMITHGROUP
1700 NEW YORK AVENUE NW SUITE 100	WASHINGTON	DC	20006	ENGINEERING SERVICES	$215,388
ALBERT D THOMAS INC
20200 STEPHENS	ST CLAIR SHORES	MI	48080	RESTORATION SERVICES	$194,970
KINDEL FURNITURE COMPANY
4047 EASTERN AVENUE SE	GRAND RAPIDS	MI	49508	FURNITURE MANUFACTURING	$147,160

Field	Value	IRS element (for citing)
Cntrct Rcvd Greater Than100 K	4	CntrctRcvdGreaterThan100KCnt
Membership Dues	$7,800	MembershipDuesAmt
Fundraising	$506,489	FundraisingAmt
Government Grants	$134,600	GovernmentGrantsAmt
All Other Contributions	$509,680	AllOtherContributionsAmt
Noncash Contributions	$112,242	NoncashContributionsAmt
Total Contributions	$1,158,569	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$202,308	TotalRevenueColumnAmt
Exclusion	$202,308	ExclusionAmt

Gross Rents GrossRentsGrp

Field	Value	IRS element (for citing)
Real	$22,961	RealAmt

Less Rental Expenses LessRentalExpensesGrp

Field	Value	IRS element (for citing)
Real	$0	RealAmt

Rental Income Or Loss RentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Real	$22,961	RealAmt

Net Rental Income Or Loss NetRentalIncomeOrLossGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$22,961	TotalRevenueColumnAmt
Exclusion	$22,961	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$47,522	SecuritiesAmt
Other	$110	OtherAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$47,255	SecuritiesAmt
Other	$0	OtherAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$267	SecuritiesAmt
Other	$110	OtherAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$377	TotalRevenueColumnAmt
Exclusion	$377	ExclusionAmt

Field	Value	IRS element (for citing)
Fundraising Gross Income	$332,475	FundraisingGrossIncomeAmt
Contri Rpt Fundraising Event	$506,489	ContriRptFundraisingEventAmt
Fundraising Direct Expenses	$272,078	FundraisingDirectExpensesAmt

Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$60,397	TotalRevenueColumnAmt
Exclusion	$60,397	ExclusionAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$1,444,612	TotalRevenueColumnAmt
Related Or Exempt Func Income	$0	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$286,043	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$137,630	TotalAmt
Management And General	$68,815	ManagementAndGeneralAmt
Fundraising	$68,815	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$565,394	TotalAmt
Program Services	$442,274	ProgramServicesAmt
Management And General	$86,675	ManagementAndGeneralAmt
Fundraising	$36,445	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$24,383	TotalAmt
Program Services	$17,925	ProgramServicesAmt
Management And General	$3,560	ManagementAndGeneralAmt
Fundraising	$2,898	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$35,734	TotalAmt
Program Services	$32,673	ProgramServicesAmt
Management And General	$2,653	ManagementAndGeneralAmt
Fundraising	$408	FundraisingAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$7,358	TotalAmt
Management And General	$7,358	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$105,471	TotalAmt
Management And General	$105,471	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$2,096	TotalAmt
Management And General	$2,096	ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$28,820	TotalAmt
Management And General	$28,820	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$32,563	TotalAmt
Program Services	$16,942	ProgramServicesAmt
Management And General	$14,974	ManagementAndGeneralAmt
Fundraising	$647	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$95,946	TotalAmt
Program Services	$95,946	ProgramServicesAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,329	TotalAmt
Management And General	$1,329	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$497,642	TotalAmt
Program Services	$497,642	ProgramServicesAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$51,957	TotalAmt
Program Services	$51,957	ProgramServicesAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt	Management And GeneralManagementAndGeneralAmt	FundraisingFundraisingAmt
REPAIRS & MAINTENANCE	$391,391	$354,687	$36,159	$545
SECURITY SERVICES	$155,575	$155,575
RESTORATION	$27,312	$26,537	$775
MISCELLANEOUS	$9,728		$9,728

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$993	TotalAmt
Program Services	$427	ProgramServicesAmt
Fundraising	$566	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,171,322	TotalAmt
Program Services	$1,692,585	ProgramServicesAmt
Management And General	$368,413	ManagementAndGeneralAmt
Fundraising	$110,324	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$2,389,687	BOYAmt
EOY	$3,021,308	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$3,792,511	BOYAmt
EOY	$4,124,597	EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$3,087,022	BOYAmt
EOY	$778,365	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$23,598	BOYAmt
EOY	$64,109	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$14,744,273	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$1,595,303	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$12,102,697	BOYAmt
EOY	$13,148,970	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$10,101,805	BOYAmt
EOY	$11,262,370	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$785,018	BOYAmt
EOY	$209,823	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$32,282,338	BOYAmt
EOY	$32,609,542	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$366,326	BOYAmt
EOY	$190,238	EOYAmt

Unsecured Notes Loans Payable UnsecuredNotesLoansPayableGrp

Field	Value	IRS element (for citing)
BOY	$134,600	BOYAmt
EOY	$132,400	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$6,133	BOYAmt
EOY	$3,770	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$507,059	BOYAmt
EOY	$326,408	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$21,514,325	BOYAmt
EOY	$23,942,682	EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$10,260,954	BOYAmt
EOY	$8,340,452	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$31,775,279	BOYAmt
EOY	$32,283,134	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$32,282,338	BOYAmt
EOY	$32,609,542	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$726,710	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	$1,234,565	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	OtherChangesInNetAssetsAmt
Info In Schedule O Part XII	Yes (X)	InfoInScheduleOPartXIIInd
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd
Accountant Compile Or Review	0	AccountantCompileOrReviewInd
FS Audited	Yes (1)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	0	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Public Organization170	Yes (X)	PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,550,047	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,016,167	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,524,399	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$649,967	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,195,269	CurrentTaxYearAmt
Total	$17,935,849	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$12,550,047	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,016,167	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$1,524,399	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$649,967	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,195,269	CurrentTaxYearAmt
Total	$17,935,849	TotalAmt

Field	Value	IRS element (for citing)
Substantial Contributors Tot	$10,974,639	SubstantialContributorsTotAmt
Public Support Total170	$6,961,210	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$142,881	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$251,880	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$327,116	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$192,417	CurrentTaxYearMinus1YearAmt
Current Tax Year	$225,269	CurrentTaxYearAmt
Total	$1,139,563	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$575,750	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$496,250	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$53,755	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$226,325	CurrentTaxYearMinus1YearAmt
Current Tax Year	$295,775	CurrentTaxYearAmt
Total	$1,647,855	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$20,723,267	TotalSupportAmt
Gross Receipts Rltd Activities	$36,643	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.33590	PublicSupportCY170Pct
Public Support PY170	0.37940	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Form990 Schedule A Part VI Form990ScheduleAPartVIGrp

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME:	FormAndLineReferenceDesc
Explanation	OTHER INCOME FUNDRAISING INCOME	ExplanationTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Field	Value	IRS element (for citing)
Contributor	RESTRICTED	ContributorNum

Contributor Business Name ContributorBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Total Contributions	RESTRICTED	TotalContributionsAmt

Schedule D IRS990ScheduleD

Art Public Exhibition Amounts ArtPublicExhibitionAmountsGrp

Field	Value	IRS element (for citing)
Assets Included	$13,148,970	AssetsIncludedAmt

Field	Value	IRS element (for citing)
Collection Used Pub Exhibition	Yes (X)	CollectionUsedPubExhibitionInd
Coll Used Scholarly Rsrch	Yes (X)	CollUsedScholarlyRsrchInd
Collection Used Preservation	Yes (X)	CollectionUsedPreservationInd
Solicited Assets Sale	0	SolicitedAssetsSaleInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$5,235,848	BeginningYearBalanceAmt
Investment Earnings Or Losses	$887,485	InvestmentEarningsOrLossesAmt
End Year Balance	$6,123,333	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,533,445	BeginningYearBalanceAmt
Investment Earnings Or Losses	$702,403	InvestmentEarningsOrLossesAmt
End Year Balance	$5,235,848	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$3,763,959	BeginningYearBalanceAmt
Contributions	$4,272	ContributionsAmt
Investment Earnings Or Losses	$765,214	InvestmentEarningsOrLossesAmt
End Year Balance	$4,533,445	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$4,059,263	BeginningYearBalanceAmt
Investment Earnings Or Losses	-$295,304	InvestmentEarningsOrLossesAmt
End Year Balance	$3,763,959	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$75,000	BeginningYearBalanceAmt
Contributions	$4,007,089	ContributionsAmt
Investment Earnings Or Losses	-$22,826	InvestmentEarningsOrLossesAmt
End Year Balance	$4,059,263	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Board Designated Balance EOY	0.92193	BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY	0.01225	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.06582	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	0	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	0	EndowmentsHeldRelatedOrgInd

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$375,000	OtherCostOrOtherBasisAmt
Book Value	$375,000	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$9,303,471	OtherCostOrOtherBasisAmt
Depreciation	$1,326,827	DepreciationAmt
Book Value	$7,976,644	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$37,910	OtherCostOrOtherBasisAmt
Depreciation	$9,080	DepreciationAmt
Book Value	$28,830	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,027,892	OtherCostOrOtherBasisAmt
Depreciation	$259,396	DepreciationAmt
Book Value	$4,768,496	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$13,148,970	TotalBookValueLandBuildingsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	OTHER LIABILITY	Desc
Amt	$3,770	Amt

Field	Value	IRS element (for citing)
Total Liability	$3,770	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$2,777,536	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	$1,234,565	NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts	$4,949	DonatedServicesAndUseFcltsAmt
Revenue Not Reported	$1,239,514	RevenueNotReportedAmt
Revenue Subtotal	$1,538,022	RevenueSubtotalAmt
Investment Expenses Not Incld	$2,096	InvestmentExpensesNotIncldAmt
Other Revenues Not Included	-$95,506	OtherRevenuesNotIncludedAmt
Revenue Not Reported Fincl Stmt	-$93,410	RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990	$1,444,612	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$2,269,681	TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts	$4,949	DonatedServicesUseFcltsAmt
Other Expenses Included	$95,506	OtherExpensesIncludedAmt
Expenses Not Reported	$100,455	ExpensesNotReportedAmt
Expenses Subtotal	$2,169,226	ExpensesSubtotalAmt
Investment Expenses Not Incld2	$2,096	InvestmentExpensesNotIncld2Amt
Expenses Not Rpt Fincl Stmt	$2,096	ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990	$2,171,322	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART III, LINE 4:	THE COLLECTIONS INCLUDE THE ESTATE OF HENRY AND CLARA FORD - THE HOUSE, OUTER BUILDINGS, GROUND AND GARDENS, WHICH IS DESIGNATED AS A NATIONAL HISTORIC LANDMARK. THE ESTATE IS USED TO EDUCATE THE PUBLIC ABOUT THE LIFE AND TIMES OF THE FORDS AND THEIR PASSION FOR INNOVATION, PHILANTHROPY, CIVIC RESPONSIBILITY, FAMILY TRADITIONS AND COMMUNITY RELATIONSHIPS.
PART V, LINE 4:	INCOME FROM THE ENDOWMENT WILL BE USED TO SUPPORT THE OPERATIONS OF THE ESTATE.
PART XI, LINE 4B - OTHER ADJUSTMENTS:	ADDITIONAL EXPENSES OF SPECIAL EVENTS & ACTIVITIES
PART XII, LINE 2D - OTHER ADJUSTMENTS:	ADDITIONAL EXPENSES OF SPECIAL EVENTS & ACTIVITIES
PART III, LINE 1B(II):	FAIR MARKET VALUE IS NOT AVAILABLE AND AMOUNT IS REPORTED AT NET BOOK VALUE.

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

Field	Value	IRS element (for citing)
Event1	BRONCO SWEEPSTAKES	Event1Nm
Gross Receipts Event1	$360,750	GrossReceiptsEvent1Amt
Charitable Contri Event1	$64,975	CharitableContriEvent1Amt
Gross Revenue Event1	$295,775	GrossRevenueEvent1Amt
Non Cash Prizes Event1	$65,291	NonCashPrizesEvent1Amt
Other Direct Expenses Event1	$95,506	OtherDirectExpensesEvent1Amt
Event2	AN EVENING FOR FAIR LANE	Event2Nm
Gross Receipts Event2	$478,214	GrossReceiptsEvent2Amt
Charitable Contri Event2	$441,514	CharitableContriEvent2Amt
Gross Revenue Event2	$36,700	GrossRevenueEvent2Amt
Rent Facility Costs Event2	$36,624	RentFacilityCostsEvent2Amt
Food And Beverage Event2	$40,697	FoodAndBeverageEvent2Amt
Other Direct Expenses Event2	$33,960	OtherDirectExpensesEvent2Amt
Gross Receipts Total	$838,964	GrossReceiptsTotalAmt
Charitable Contributions Tot	$506,489	CharitableContributionsTotAmt
Gross Revenue Total Events	$332,475	GrossRevenueTotalEventsAmt
Non Cash Prizes Total Events	$65,291	NonCashPrizesTotalEventsAmt
Rent Fclty Costs Total Events	$36,624	RentFcltyCostsTotalEventsAmt
Food And Beverage Total Events	$40,697	FoodAndBeverageTotalEventsAmt
Oth Direct Expnss Total Events	$129,466	OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events	$272,078	DirectExpenseSummaryEventsAmt
Net Income Summary	$60,397	NetIncomeSummaryAmt

Schedule M IRS990ScheduleM

Securities Publicly Traded SecuritiesPubliclyTradedGrp

Field	Value	IRS element (for citing)
Non Cash Checkbox	Yes (X)	NonCashCheckboxInd
Contribution	3	ContributionCnt
Noncash Contributions Rpt F990	$47,267	NoncashContributionsRptF990Amt
Method Of Determining Revenues	FAIR MARKET VALUE	MethodOfDeterminingRevenuesTxt

Other Non Cash Contri Table OtherNonCashContriTableGrp (2 entries)

Non Cash CheckboxNonCashCheckboxInd	DescDesc	ContributionContributionCnt	Noncash Contributions Rpt F990NoncashContributionsRptF990Amt	Method Of Determining RevenuesMethodOfDeterminingRevenuesTxt
Yes (X)	2021 FORD BRONCO BIG BEND	1	$39,975	MSRP
Yes (X)	BRONCO CUSTOMIZATION SERVICES	1	$25,000	FAIR MARKET VALUE

Field	Value	IRS element (for citing)
Any Property That Must Be Held	0	AnyPropertyThatMustBeHeldInd
Review Process Unusual NC Gifts	Yes (1)	ReviewProcessUnusualNCGiftsInd
Third Parties Used	Yes (1)	ThirdPartiesUsedInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	PART I, LINE 32B:	FormAndLineReferenceDesc
Explanation	THE ORGANIZATION USED A BROKER TO SELL NONCASH DONATIONS.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PART VI, SECTION A, LINE 1A:	THERE IS A STANDING EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS BROAD AUTHORITY TO DIRECT DAY-TO-DAY ACTIONS OF THE CORPORATION. BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION. AT EACH REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS, A MEMBER OF THE EXECUTIVE COMMITTEE SHALL REPORT ON ACTION, IF ANY, TAKEN BY THE EXECUTIVE COMMITTEE BETWEEN MEETINGS OF THE BOARD OF DIRECTORS.
FORM 990, PART VI, SECTION A, LINE 2	THE FOLLOWING BOARD MEMBERS HAVE FAMILY RELATIONSHIPS: EDSEL B. FORD II AND CYNTHIA FORD THE FOLLOWING BOARD MEMBERS HAVE BUSINESS RELATIONSHIPS: ELENA FORD AND EDSEL B. FORD II
FORM 990, PART VI, SECTION A, LINE 6	THE CORPORATION IS ORGANIZED ON A NONSTOCK, MEMBERSHIP BASIS.
FORM 990, PART VI, SECTION A, LINE 7A	DIRECTORS SHALL BE ELECTED ANNUALLY BY THE AFFIRMATIVE VOTE OF THE MEMBERS AT THEIR ANNUAL MEETING. ALL OFFICERS SHALL BE ELECTED BY THE BOARD OF DIRECTORS AT ITS ANNUAL MEETING.
FORM 990, PART VI, SECTION B, LINE 11B	A DRAFT COPY OF THE RETURN IS REVIEWED BY THE BOARD, THE PRESIDENT & CEO, AND THE FINANCE DEPARTMENT BEFORE FILING.
FORM 990, PART VI, SECTION B, LINE 12C	THERE IS A STANDING EXECUTIVE COMMITTEE OF THE BOARD OF DIRECTORS. THE EXECUTIVE COMMITTEE HAS BROAD AUTHORITY TO DIRECT DAY-TO-DAY ACTIONS OF THE CORPORATION. BETWEEN MEETINGS OF THE BOARD OF DIRECTORS, THE EXECUTIVE COMMITTEE MAY EXERCISE ALL OF THE POWER AND AUTHORITY OF THE BOARD OF DIRECTORS IN THE MANAGEMENT OF THE BUSINESS AND AFFAIRS OF THE CORPORATION. AT EACH REGULAR OR SPECIAL MEETING OF THE BOARD OF DIRECTORS, A MEMBER OF THE EXECUTIVE COMMITTEE SHALL REPORT ON ACTION, IF ANY, TAKEN BY THE EXECUTIVE COMMITTEE BETWEEN MEETINGS OF THE BOARD OF DIRECTORS. EDSEL B. FORD II IS THE SOLE MEMBER OF THE ORGANIZATION AND HAS EXECUTIVE POWER CAPABLE OF OVERRIDING THE BOARD OF DIRECTORS' VOTED DECISIONS.
FORM 990, PART VI, SECTION C, LINE 19	GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST TO THE PRESIDENT AND CEO.
FORM 990, PART XII, LINE 2C:	HENRY FORD ESTATE HAS AN EXECUTIVE COMMITTEE THAT SERVES IN THE ROLE OF AN AUDIT COMMITEE AND ASSUMES RESPONSIBILITY FOR OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTING FIRM. THIS PROCESS HAS NOT CHANGED FROM THE PRIOR YEAR.