2021-01-28T17:16:54-06:00 2020-06-30 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990 2019-07-01 382456949 RICHARD U LIGHT FOUNDATION RICH 2693810266 350 EAST MICHIGAN AVE STE 500 KALAMAZOO MI 49007 BARBARA J PARISH VICE PRESIDENT/TREASURER 2693810266 2020-12-09 1 VICKI L VANDENBERG CPA P00100422 2695674500 2020-12-09 2019 2022-09-23 18:48:47Z BARBARA J PARISH 350 EAST MICHIGAN AVE STE 500 KALAMAZOO MI 49007 3415952 0 X N/A X 1982 MI TO PROMOTE THE EDUCATION OF YOUNG MEN AND WOMEN AND PROVIDE FINANCIAL ASSISTANCE TO ENABLE NEEDY INDIVIDUALS TO SECURE AN EDUCATION. 3 1 0 0 0 0 0 0 0 0 5769119 1348895 0 0 5769119 1348895 1801937 692781 0 0 79943 75423 0 0 0 233288 252988 2115168 1021192 3653951 327703 61876438 68239037 0 0 61876438 68239037 TO PROMOTE THE EDUCATION OF YOUNG MEN AND WOMEN AND PROVIDE FINANCIAL ASSISTANCE TO ENABLE NEEDY INDIVIDUALS TO SECURE AN EDUCATION. 0 0 744184 692781 YALE UNIVERSITY - TO SUPPORT FOREIGN STUDY FELLOWSHIPS FOR STUDENTS LEARNING THE CHINESE, JAPANESE OR KOREAN LANGUAGES 744184 1 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 5 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 0 0 1 1 0 0 1 0 0 0 1 1 0 MI X BARBARA J PARISH 2693810266 350 EAST MICHIGAN AVE STE 500 KALAMAZOO MI 49007 BARBARA J PARISH VP/TREASURER 1.00 0.00 X X 18413 0 0 TIMOTHY LIGHT PRESIDENT 1.00 0.00 X X 0 0 0 STEPHEN M DENENFELD SECRETARY 1.00 0.00 X X 15260 0 0 33673 0 0 0 0 0 0 WILLIAM BLAIR & COMPANY LLC 222 WEST ADAMS STREET CHICAGO IL 60606 INVESTMENT MANAGEMEN 219873 1 990523 990523 2425429 2067057 358372 358372 358372 1348895 0 0 1348895 692781 692781 33673 23571 10102 41750 20875 20875 12263 6132 6131 10125 10125 219873 219873 1651 825 826 MISCELLANEOUS 9076 9076 1021192 744184 277008 0 1543641 1425983 44003595 49323176 16329202 17489878 61876438 68239037 0 0 X 61876438 68239037 61876438 68239037 61876438 68239037 327703 6034896 0 X X 1 X 0 0 0 X X 1 YALE UNIVERSITY 060646973 2 1 692781 0 1 692781 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 937052 990523 937052 990523 0 0 233538 247905 0 0 703514 742618 55311536 62900789 2128644 1153390 0 0 57440180 64054179 0 0 0 57440180 64054179 861603 960813 56578577 63093366 1980250 2208268 0 0 1980250 2208268 703514 597987 1980250 1980250 0 1980250 692781 0 0 0 0 0 692781 692781 1980250 34.980000000000 1980250 0 0 0 0 0 191250 191250 0 191250 0 0 692781 0 692781 0 0 1096219 0 0 0 0 0 0 PART IV - SECTION D - QUESTION 2 THE FOUNDATION HAS A "CLOSE AND CONTINUOUS WORKING RELATIONSHIP" WITH THE SUPPORTED ORGANIZATION, NAMELY YALE UNIVERSITY. SPECIFICALLY, FOUNDATION TRUSTEES MEET WITH REPRESENTATIVES FROM YALE UNIVERSITY AT LEAST ANNUALLY, AND OVER THE COURSE OF EACH YEAR, ROUTINELY COMMUNICATE BY EMAIL AND BY TELEPHONE. THESE MEETINGS AND COMMUNICATIONS CONCERN THE USE OF FUNDS DISTRIBUTED FROM THE FOUNDATION TO YALE UNIVERSITY, AND SPECIFICALLY HOW THOSE FUNDS ARE ALLOCATED FOR PURPOSES OF THE LIGHT FELLOWSHIP PROGRAM. THE FOUNDATION TRUSTEES ANNUALLY RECEIVE DETAILED INFORMATION REGARDING THE IDENTITY, ACCOMPLISHMENTS AND GOALS OF THE STUDENTS NAMED AS LIGHT FELLOWS, RECEIVE INFORMATION ABOUT THE COURSE OF STUDY OF THOSE STUDENTS, AS WELL AS FINANCIAL INFORMATION REGARDING THE ADMINISTRATION OF THE LIGHT FELLOWSHIP PROGRAM. THE LEVEL OF COMMUNICATION, THE DETAIL OF THE INFORMATION PROVIDED, AND THE FACT THAT THIS PROGRAM HAS BEEN ONGOING SINCE 1996, ALL CLEARLY ILLUSTRATE THE CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN THE FOUNDATION AND YALE. PART IV - SECTION D - QUESTION 3 BY REASON OF THE CLOSE AND CONTINUOUS WORKING RELATIONSHIP BETWEEN THE FOUNDATION AND YALE UNIVERSITY, YALE UNIVERSITY HAS A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENT POLICIES AND IN DIRECTING THE USE OF THE FOUNDATION'S INCOME AND ASSETS. BECAUSE YALE UNIVERSITY IS THE SOLE SUPPORTED ORGANIZATION FOR THE FOUNDATION, IT MUST WORK CLOSELY WITH YALE UNIVERSITY TO MEET DISTRIBUTION GOALS, AND ACCORDINGLY, MUST INVEST IN ORDER TO ATTAIN THOSE GOALS, IN A MANNER THAT WILL ENABLE YALE UNIVERSITY TO PROPERLY ADMINISTER THE LIGHT FELLOWSHIP PROGRAM. BECAUSE OF THIS LEVEL OF INTERACTION, COMMUNICATION AND COLLABORATION, YALE UNIVERSITY EFFECTIVELY HAS A SIGNIFICANT VOICE IN THE FOUNDATION'S INVESTMENTS. MOREOVER, BECAUSE THE FOUNDATION AND YALE UNIVERSITY WORK CLOSELY IN DEVELOPING PROGRAMMING FOR THE LIGHT FELLOWSHIP PROGRAM, YALE UNIVERSITY EFFECTIVELY HAS A SIGNIFICANT VOICE IN DIRECTING THE USE OF THE FOUNDATION'S INCOME AND ASSETS. 61876438 7383791 692781 21700 306711 68239037 55560805 8430781 1801937 21700 291511 61876438 49328965 8364575 1804801 24859 303075 55560805 46171027 5099908 1686627 24512 230831 49328965 47630577 378555 1591672 22985 223448 46171027 0.24800 0.75200 0 0 0 WILLIAM BLAIR BOND FUND 13819648 F VISA INC-CLASS A SHARES 3670230 F 17489878 0 YALE UNIVERSITY 149 ELM STREET NEW HAVEN CT 065200000 060646973 501(C)3 692781 PROGRAM SUPPORT OF THE RICHARD U. LIGHT FELLOWSHIP PROGRAM AT YALE UNIVERSITY. THE PROGRAM PROVIDES ASSISTANCE TO YALE UNDERGRADUATE, GRADUATE, AND PROFESSIONAL SCHOOL STUDENTS PURSUING INTENSIVE LANGUAGE STUDY IN EAST ASIA. PART II, LINE 1, COLUMN (E): DURING SEPTEMBER 2020, THE FOUNDATION TRANSFERRED $1,000,000 OF FUNDS TO THE ACCOUNT SET ASIDE FOR YALE UNIVERSITY. THESE FUNDS WERE APPROVED TO BE SET ASIDE FOR DISTRIBUTION TO YALE UNIVERSITY FOR THE FISCAL YEAR ENDED JUNE 30, 2020, BUT THEY WERE NOT TRANSFERRED FROM THE FOUNDATION'S INVESTMENTS TO THE YALE UNIVERSITY SET-ASIDE ACCOUNT UNTIL SEPTEMBER 2020. 1 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF TRUSTEES REVIEWS THE FORM 990 IN DRAFT FORM PRIOR TO IT BEING FINALIZED AND FILED. FORM 990, PART VI, SECTION B, LINE 15 THE COMPENSATION OF TRUSTEES AND OFFICERS SHALL BE AN ANNUAL STIPEND OF TWO THOUSAND DOLLARS PLUS AN HOURLY RATE AS THE BOARD OF TRUSTEES DETERMINE TO BE THE AVERAGE HOURLY RATE FOR PROFESSIONAL SERVICES IN THE AREA OF KALAMAZOO, MICHIGAN, AS DETERMINED BY THE BOARD OF TRUSTEES ON OR ABOUT THE DATE OF THE ANNUAL MEETING OF THE BOARD OF TRUSTEES EVERY THREE CALENDAR YEARS BEGINNING JANUARY 1, 2007. FORM 990, PART VI, SECTION C, LINE 19 ALL ARE AVAILABLE UPON REQUEST. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN PROCESS SINCE PRIOR YEAR.