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          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>RICHARD A HAZLETON</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 W MAIN STREET</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE EMER</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.09</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>AMY E WILSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 W MAIN STREET</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.09</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>DR LYDIA WATSON</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 W MAIN STREET</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.09</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>ANDREW DOMINOWSKI</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 W MAIN STREET</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.09</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>CHARLES KENDALL</PersonNm>
          <USAddress>
            <AddressLine1Txt>812 W MAIN STREET</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>0.09</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompensationOfHghstPdCntrctGrp>
          <BusinessName>
            <BusinessNameLine1Txt>WILLIAM BLAIR</BusinessNameLine1Txt>
          </BusinessName>
          <USAddress>
            <AddressLine1Txt>222 WEST ADAMS STREET</AddressLine1Txt>
            <CityNm>CHICAGO</CityNm>
            <StateAbbreviationCd>IL</StateAbbreviationCd>
            <ZIPCd>60606</ZIPCd>
          </USAddress>
          <ServiceTypeTxt>INVESTMENT MGMT</ServiceTypeTxt>
          <CompensationAmt>120078</CompensationAmt>
        </CompensationOfHghstPdCntrctGrp>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>83539024</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>1439415</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>84978439</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>84978439</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>1274677</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>83703762</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>4185188</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>4185188</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>51649</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>51649</TotalTaxAmt>
        <DistributableBeforeAdjAmt>4133539</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>4133539</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>4133539</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <QualifyingDistriPartXIIGrp>
        <ExpensesAndContributionsAmt>3703075</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>3703075</QualifyingDistributionsAmt>
        <AdjustedQualifyingDistriAmt>3703075</AdjustedQualifyingDistriAmt>
      </QualifyingDistriPartXIIGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>4133539</DistributableAsAdjustedAmt>
        <UndistributedIncomePYAmt>3603980</UndistributedIncomePYAmt>
        <QualifyingDistributionsAmt>3703075</QualifyingDistributionsAmt>
        <AppliedToYear1Amt>3603980</AppliedToYear1Amt>
        <AppliedToCurrentYearAmt>99095</AppliedToCurrentYearAmt>
        <UndistributedIncomeCYAmt>4034444</UndistributedIncomeCYAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>GRANT REQUESTS</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 471</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9898320066</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>GRANT APPLICATIONS SHOULD BE MADE BY LETTER DESCRIBING: THE PURPOSE, MAJOR EXPENDITURES, MAJOR INCOME SOURCES, TIMING REQUIREMENTS, AND AMOUNTS REQUESTED.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>THERE IS NO DEADLINE; SUBMISSIONS CAN BE MADE AT ANY TIME DURING THE YEAR.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>THE FOUNDATION MAKES GRANTS ONLY TO ELIGIBLE ORGANIZATIONS NOT TO INDIVIDUALS. THEREFORE, THE APPLICANT SHOULD ALSO FURNISH COPIES OF THE THE FOLLOWING: THE IRS LETTER GRANTING TAX EXEMPT STATUS TO THE ORGANIZATION. THE ORGANIZATION'S LATEST FINANCIAL STATEMENTS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE ATTACHED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>812 W MAIN ST PO BOX 417</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>VARIOUS</GrantOrContributionPurposeTxt>
          <Amt>3604000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>3604000</TotalGrantOrContriPdDurYrAmt>
        <GrantOrContriApprvForFutGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>SEE ATTACHED</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>812 W MAIN ST PO BOX 417</AddressLine1Txt>
            <CityNm>MIDLAND</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>486400471</ZIPCd>
          </RecipientUSAddress>
          <GrantOrContributionPurposeTxt>VARIOUS</GrantOrContributionPurposeTxt>
          <Amt>3268262</Amt>
        </GrantOrContriApprvForFutGrp>
        <TotalGrantOrContriApprvFutAmt>3268262</TotalGrantOrContriApprvFutAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <IntOnSavAndTempCashInvstGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>2259</ExclusionAmt>
        </IntOnSavAndTempCashInvstGrp>
        <DivAndIntFromSecPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>1578183</ExclusionAmt>
        </DivAndIntFromSecPartVIIGrp>
        <OtherInvestmentIncmPartVIIGrp>
          <ExclusionCd>14</ExclusionCd>
          <ExclusionAmt>3333</ExclusionAmt>
        </OtherInvestmentIncmPartVIIGrp>
        <GainSalesAstOthThanInvntryGrp>
          <ExclusionCd>18</ExclusionCd>
          <ExclusionAmt>2312409</ExclusionAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>NORTH COAST TECHNOLOGY INVE</Desc>
          <BusinessCd>900099</BusinessCd>
          <UnrelatedBusinessTaxblIncmAmt>4033</UnrelatedBusinessTaxblIncmAmt>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <UnrelatedBusinessTaxblIncmAmt>4033</UnrelatedBusinessTaxblIncmAmt>
          <ExclusionAmt>3896184</ExclusionAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>3900217</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING FEES</CategoryTxt>
        <Amt>16606</Amt>
        <NetInvestmentIncomeAmt>8303</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>8303</DisbursementsCharitablePrpsAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsCorpBondsSchedule documentId="RetDoc3">
      <InvestmentsCorporateBondsGrp>
        <BondNm>SEE ATTACHED STMTS</BondNm>
        <EOYBookValueAmt>15316572</EOYBookValueAmt>
        <EOYFMVAmt>15551458</EOYFMVAmt>
      </InvestmentsCorporateBondsGrp>
    </InvestmentsCorpBondsSchedule>
    <InvestmentsCorpStockSchedule documentId="RetDoc4">
      <InvestmentsCorporateStockGrp>
        <StockNm>SEE ATTACHED STMTS</StockNm>
        <EOYBookValueAmt>42117070</EOYBookValueAmt>
        <EOYFMVAmt>78298951</EOYFMVAmt>
      </InvestmentsCorporateStockGrp>
    </InvestmentsCorpStockSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc5">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NORTH COAST TECHNOLOGY INVEST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>21475</BookValueAmt>
        <EOYFMVAmt>21475</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NCTI III, LTD PARTNERSHIP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>277795</BookValueAmt>
        <EOYFMVAmt>277795</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>NCTI IV, LTD PARTNERSHIP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>131468</BookValueAmt>
        <EOYFMVAmt>131468</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <LegalFeesSchedule documentId="RetDoc6">
      <LegalFeesGrp>
        <CategoryTxt>LEGAL FEES</CategoryTxt>
        <LegalFeesAmt>754</LegalFeesAmt>
        <NetInvestmentIncomeAmt>377</NetInvestmentIncomeAmt>
        <DisbursementsCharitablePrpsAmt>377</DisbursementsCharitablePrpsAmt>
      </LegalFeesGrp>
    </LegalFeesSchedule>
    <OtherDecreasesSchedule documentId="RetDoc7">
      <OtherDecreasesDetail>
        <Desc>INCREASE IN FUTURE PLEDGE OBLIGATIONS</Desc>
        <Amt>435317</Amt>
      </OtherDecreasesDetail>
    </OtherDecreasesSchedule>
    <OtherExpensesSchedule documentId="RetDoc8">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>RENT</Desc>
        <RevenueAndExpensesPerBooksAmt>12600</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>12600</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OFFICE EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>6001</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>6001</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>BANK SERVICE CHARGES</Desc>
        <RevenueAndExpensesPerBooksAmt>127</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>127</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>CONFERENCE FEES AND EXPENSES</Desc>
        <RevenueAndExpensesPerBooksAmt>197</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>197</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>COMPUTER AND SOFTWARE EXPENSE</Desc>
        <RevenueAndExpensesPerBooksAmt>9980</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>9980</DisbursementsCharitablePrpsAmt>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>LOSS FROM K-1S</Desc>
        <RevenueAndExpensesPerBooksAmt>12400</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>12398</NetInvestmentIncomeAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherIncomeSchedule2 documentId="RetDoc9">
      <OtherIncomeDetail>
        <Desc>OTHER</Desc>
        <RevenueAndExpensesPerBooksAmt>3333</RevenueAndExpensesPerBooksAmt>
        <NetInvestmentIncomeAmt>3333</NetInvestmentIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
        <Desc>NORTH COAST TECHNOLOGY INVEST</Desc>
        <RevenueAndExpensesPerBooksAmt>4033</RevenueAndExpensesPerBooksAmt>
      </OtherIncomeDetail>
    </OtherIncomeSchedule2>
    <OtherLiabilitiesSchedule documentId="RetDoc10">
      <OtherLiabilitiesDetail>
        <Desc>EXCISE TAX PAYABLE</Desc>
        <BOYBookValueAmt>38186</BOYBookValueAmt>
        <EOYBookValueAmt>7632</EOYBookValueAmt>
      </OtherLiabilitiesDetail>
    </OtherLiabilitiesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc11">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>BANK TRUST DEPARTMENT FEES</CategoryTxt>
        <Amt>21852</Amt>
        <NetInvestmentIncomeAmt>21852</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>INVESTMENT MGMT FEES</CategoryTxt>
        <Amt>137514</Amt>
        <NetInvestmentIncomeAmt>137514</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc12">
      <TaxesDetail>
        <CategoryTxt>EXCISE TAX</CategoryTxt>
        <Amt>52700</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>PAYROLL TAXES</CategoryTxt>
        <Amt>3760</Amt>
        <DisbursementsCharitablePrpsAmt>3760</DisbursementsCharitablePrpsAmt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>
