2017-11-14T14:55:06-06:00 2016-12-31 381357951 PLANTE & MORAN PLLC 750 Trade Centre Way Ste 300 Portage MI 49002 990PF 2016-01-01 383508943 the RAVITZ FOUNDATION RAVI 2693822844 514 south rose street kalamazoo MI 490075212 BRUCE GELBAUGH VP/TREASURER 2693822844 2017-11-13 1 James G Thompson CPA P00053844 2695674500 2017-11-13 67.59.56.31 2017-11-13 15:17:23 ES P DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 8E83D8C0533C91088CCD74402BF58C42BE95978D 2016 2017-02-10 21:41:12Z X 39338469 X X 15305 15305 841749 841749 1082986 11622821 1082986 1940040 1940040 195350 80312 115038 21591 8812 12779 5240 2620 2620 13400 6700 6700 184763 184763 0 25408 408 0 20400 10200 10200 1064 532 532 4807 2544 2263 472023 296891 150132 1920400 1920400 2392423 296891 2070532 -452383 1643149 634217 227202 227202 2891205 3388328 3390002 7634137 7322728 8649243 5334758 4674773 4644218 14949117 15377976 22427804 31443434 30991007 39338469 44 44 0 X 19798753 19798753 0 0 11644637 11192254 31443390 30991007 31443434 30991007 31443390 -452383 0 30991007 0 30991007 PUBLICLY TRADED SECURITIES - COMERICA BANK ACCOUNT 2322636 2364720 -42084 -42084 PUBLICLY TRADED SECURITIES - COMERICA BANK ACCOUNT 6225903 5289844 936059 936059 PUBLICLY TRADED SECURITIES MORGAN STANLEY ACCOUNT 1234742 1320351 -85609 -85609 PUBLICLY TRADED SECURITIES MORGAN STANLEY ACCOUNT 1831272 1564920 266352 266352 LITIGATION SETTLEMENT PROCEEDS 721 721 721 FROM K-1 POWERSHARES DB COMMODITY INDEX - OTHER GAINS 7547 7547 7547 1082986 0 1793789 39468717 0.045448 1892642 40162174 0.047125 2020909 37706985 0.053595 1812352 35140912 0.051574 1825422 34565628 0.052810 0.250552 0.050110 38330880 1920760 16431 1937191 2070532 X 16431 0 16431 0 16431 60815 20000 80815 64384 64384 0 0 0 0 0 0 0 0 0 0 0 1 1 MI 1 0 0 0 0 1 N/A mr bruce gelbaugh 2693822844 514 south rose street kalamazoo MI 49007 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BRUCE GELBAUGH 514 S ROSE STREET KALAMAZOO MI 49007 VP/TREASURER/DIRECTOR 20.00 91450 2550 0 BURTON SHIFMAN 514 S ROSE STREET KALAMAZOO MI 49007 PRESIDENT/DIRECTOR 15.00 19450 2550 0 ARNOLD SHIFMAN 514 S ROSE STREET KALAMAZOO MI 49007 ASSISTANT SECRETARY/DIRECTOR 1.00 5000 0 0 JONATHAN AARON 514 S ROSE STREET KALAMAZOO MI 49007 SECRETARY/DIRECTOR 1.00 5000 0 0 LAWRENCE HANDLER 514 S ROSE STREET KALAMAZOO MI 49007 DIRECTOR 5.00 5000 0 0 CAROLE SHIFMAN 514 S ROSE STREET KALAMAZOO MI 49007 PROGRAM DIRECTOR 30.00 69450 2550 0 NONE 0 COMERICA BANK po box 75000 detroit MI 48275 INVESTMENT MANAGEMENT FEES 100167 MORGAN STANLEY 40701 WOODWARD AVE SUITE 200 BLOOMFIELD MI 48304 INVESTMENT MANAGEMENT FEES 84596 0 0 34515936 4398663 0 38914599 0 0 38914599 583719 38330880 1916544 1916544 16431 16431 1900113 0 1900113 0 1900113 2070532 0 2070532 16431 2054101 1900113 0 0 8006 186600 194606 2070532 0 0 0 1900113 170419 0 0 365025 0 0 0 0 0 0 0 365025 8006 186600 170419 X AMERICAN TECHNION SOCIETY 55 EAST 59TH STREET NEW YORK NY 10022 PC SUPPORT FOR ETHIOPIAN STUDENTS 200000 ANTI-DEFAMATION LEAGUE 605 THIRD AVENUE NEW YORK NY 101583560 PC RAVITZ DEVELOPMENT & COMMUNITY PROGRAM ($42,500) AND RESTRICTED GRANT FUNDING ($7,500) 50000 BIG BROTHERS BIG SISTERS 3501 COVINGTON ROAD KALAMAZOO MI 49001 PC GENERAL SUPPORT 35000 BOYS & GIRLS CLUBS OF GREATER KALAMAZOO 915 LAKE STREET KALAMAZOO MI 49001 PC GENERAL SUPPORT 25000 CAMP MICHIGANIA 3006 CAMP SHERWOOD RD BOYNE CITY MI 49712 PC GENERAL SUPPORT 25000 CAPUCHIN SOUP KITCHEN 1264 MELDRUM ST DETROIT MI 48207 PC GENERAL SUPPORT 2500 CISV USA - DETROIT CHAPTER PO BOX 20254 FERNDALE MI 48220 PC PROGRAM SUPPORT - DETROIT CHAPTER 2500 CONGREGATION BETH SHALOM 14601 WEST LINCOLN ROAD OAK PARK MI 482371333 PC GENERAL SUPPORT 5000 CONGREGATION BETH SHALOM 14601 WEST LINCOLN ROAD OAK PARK MI 482371333 PC SANCTUARY FUND 1500 FAMILY & CHILDREN SERVICES 1608 LAKE STREET KALAMAZOO MI 49001 PC GENERAL SUPPORT 5000 HAZEL PARK SCHOOLS 1620 EAST ELZA HAZEL PARK MI 48030 PC PROMISE ZONE 2500 HEBREW FREE LOAN 6735 TELEGRAPH RD 300 BLOOMFIELD HILLS MI 48301 PC GENERAL SUPPORT 50000 HENRY FORD HEALTH SYSTEM 1 FORD PLACE 5A DETROIT MI 482023450 PC HEART AND VASCULAR INSTITUTE RESEARCH FUND 2500 HILLEL CAMPUS ALLIANCE OF MICHIGAN 360 CHARLES STREET EAST LANSING MI 48823 PC GENERAL SUPPORT 115000 HILLEL DAY SCHOOL 32200 MIDDLEBELT ROAD FARMINGTON HILLS MI 48334 PC GENERAL SUPPORT 5000 HILLEL OF METRO DETROIT 5221 GULLEN MALL 667 SCB - WSU DETROIT MI 48202 PC DEVELOP AND GROW PROGRAMMING 25000 HILLEL UNIVERSITY OF MICHIGAN 1429 HILL STREET ANN ARBOR MI 48104 PC SHABBAT DINNER INITIATIVE 70000 HOLOCAUST MEMORIAL CENTER 28123 ORCHARD LAKE ROAD FARMINGTON HILLS MI 483343738 PC GENERAL SUPPORT 100000 ISRAEL TENNIS CENTERS 57 WEST 38TH STREET SUITE 605 NEW YORK NY 10018 PC YOUTH AT RISK PROGRAM - ITC-BEER SHEVA TENNIS CENTER 25000 JEWISH COMMUNITY CENTER OF METROPOLITAN DETROIT 6600 W MAPLE ROAD WEST BLOOMFIELD MI 48322 PC DAY CAMPS SCHOLARSHIPS 15000 JEWISH COMMUNITY CENTER OF METROPOLITAN DETROIT 6600 W MAPLE ROAD WEST BLOOMFIELD MI 48322 PC DAY CAMPS SCHOLARSHIPS 14400 JEWISH COMMUNITY RELATIONS COUNCIL 6735 TELEGRAPH ROAD SUITE 140 BLOOMFIELD HILLS MI 48301 PC GENERAL SUPPORT 50000 JEWISH FAMILY SERVICE 6555 WEST MAPLE ROAD WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 5000 JEWISH FEDERATION OF METROPOLITAN DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032030 PC 2017 ISRAELI CAMPER FUND 100000 JEWISH FEDERATION OF METROPOLITAN DETROIT 6735 TELEGRAPH ROAD PO BOX 2030 BLOOMFIELD HILLS MI 483032030 PC PROGRAMMING 100000 JEWISH HISTORICAL SOCIETY OF MICHIGAN 6600 W MAPLE ROAD WEST BLOOMFIELD MI 483223003 PC GENERAL SUPPORT 11000 JEWISH HOSPICE & CHAPLAINCY NETWORK 6555 W MAPLE ROAD WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 25000 JEWISH SENIOR LIFE 15000 W 10 MILE ROAD OAK PARK MI 48237 PC GENERAL SUPPORT 6000 KADIMA 15999 W 12 MILE ROAD SOUTHFIELD MI 48076 PC KADIMA CLIENT FINANCIAL NEEDS FUND 50000 KALAMAZOO DREAM CENTER 1122 PORTAGE STREET KALAMAZOO MI 49001 PC GENERAL SUPPORT 2500 KALAMAZOO LOAVES & FISHES 901 PORTAGE STREET KALAMAZOO MI 490013005 PC GENERAL SUPPORT 35000 MINISTRY WITH COMMUNITY 440 N EDWARDS STREET KALAMAZOO MI 49007 PC GENERAL SUPPORT 2500 NATIONAL RAMAH COMMISSION INC 3080 BROADWAY NEW YORK NY 10027 PC CAMP RAMAH 5000 OAKLAND UNIVERSITY 2200 NORTH SQUIRREL ROAD ROCHESTER MI 483094497 PC HADASSAH-HEBREW UNIVERSITY MEDICAL EXCHANGE PROGRAM 130000 OAKLAND UNIVERSITY 2200 NORTH SQUIRREL ROAD ROCHESTER MI 483094497 PC CAPSTONE PROJECT FOR A HEALTHY MICHIGAN 50000 OAKLAND UNIVERSITY 2200 NORTH SQUIRREL ROAD ROCHESTER MI 483094497 PC CAPSTONE SCHOLARSHIPS FOR FOURTH YEAR MEDICAL STUDENTS 50000 ORT AMERICA 6735 TELEGRAPH RD 350 BLOOMFIELD HILLS MI 48301 PC GENERAL SUPPORT 2500 SOUTHWEST SOLUTIONS 1920 25TH STREET SUITE A DETROIT MI 48216 PC GENERAL SUPPORT 2500 TAMARACK CAMPS 6735 TELEGRAPH ROAD SUITE 380 BLOOMFIELD HILLS MI 48301 PC CAPACITY BUILDING 90000 TAMARACK CAMPS 6735 TELEGRAPH ROAD SUITE 380 BLOOMFIELD HILLS MI 48301 PC CAMP SCHOLARSHIPS 130000 TEMPLE ISRAEL - THE WELL 5725 WALNUT LAKE ROAD WEST BLOOMFIELD MI 48323 PC THE WELL - GENERAL SUPPORT 40000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 PC MOTT'S CHILDRENS HOSPITAL - ADVANCEMENT AWARDS 50000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 PC VISION SCREENING 50000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 PC RAVITZ RESEARCH FOR ELDERLY - DEPRESSION CENTER 50000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 PC RAVITZ FACULTY RECRUITMENT FUND - CANCER CENTER 50000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 PC CRANIOFACIAL ANOMALIES PROGRAM-RESEARCH GIFTS 2500 UNITED JEWISH FOUNDATION 6735 TELEGRAPH ROAD PO BOX 2030 BLOOMFIELD HILLS MI 483032030 PC LEONARD N SIMONS COMM ARCHIVES PROGRAMMING ENDOWMENT 10000 WEIZMANN INSTITUTE OF SCIENCE 633 THIRD AVE NEW YORK NY 10017 PC GENERAL SUPPORT 5000 YAD EZRA 2850 W 11 MILE ROAD BERKLEY MI 48072 PC FOOD PANTRY 40000 1920400 OAKLAND UNIVERSITY 2200 NORTH SQUIRREL ROAD ROCHESTER MI 483094497 PC FELLOWSHIP FUNDING FOR RELIGIOUS STUDIES FACULTY- TOTAL OVER NEXT TWO YEARS 100000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 PC MOTT'S CHILDRENS HOSPITAL - ADVANCEMENT AWARDS - TOTAL OVER NEXT YEAR 50000 UNIVERSITY OF MICHIGAN 3003 SOUTH STATE STREET SUITE 8000 ANN ARBOR MI 481091288 pc RESEARCH DONE BY DR. LOK WITH HEPATOLOGY FOR LIVER DISEASES- OVER THE NEXT 4 YEARS 200000 350000 14 15305 14 841749 18 1082986 0 1940040 0 1940040 0 0 0 0 0 0 0 0 0 0 plante & moran 13400 6700 6700 AT&T INC 5.5% 02/01/2018 260029 259747 ANHEUSER BUSCH INBEV I 5.375% 01/15/2020 271615 272672 BLACKROCK INC 5% 12/10/2019 269431 271512 CATERPILLAR FINL SVCS CORP 5.45% 04/15/2018 261969 262002 CISCO SYS INC SR NT 3.15% 03/15/2017 251413 251105 COSTCO WHOLSALE 2.25% 2/15/2022 256689 247787 DISNEY WALT CO NEW MEDIUM TERM 2.15% 09/17/2020 256817 251118 FLORIDA 265029 256370 GLAXOSMITHKLINE CAP INC 5.65% 05/15/2018 266030 263502 HERSHEY CO NT 4.125% 12/01/2020 265886 268368 IBM CORP 5.7% 09/14/2017 258172 257493 JPMORGAN CHASE & CO INT 2% 08/15/2017 250789 250928 ORACLE CORPORATION 2.25% 10/08/2019 256540 253033 PRAXAIR INC 4.5% 08/15/2019 265009 266485 SIMON PROPERTY GROUP INC 2.15% 09/15/2017-2017 250892 251073 WAL-MART STORES INC 5.375% 04/05/2017 253542 252740 WELLS FARGO & CO 2.1% 07/26/2021 250328 243265 BP CAPITAL MARKETS PLC 4.75% 03/10/2019 264593 265018 AMAZON COM INC 30577 70488 CARDINAL HEALTH INC 110644 101478 COACH INC 92210 99527 COMCAST CORP CL A 86105 111723 CONSTELLATION BRANDS INC CL A 33190 40014 EXTENDED STAY AMER INC 91889 82074 HOME DEPOT INC 82415 118259 KOHLS CORP 61500 66712 MATTEL INC 72633 80474 NIKE INC CL B 34882 55252 O REILLY AUTOMOTICE INC NEW 59717 57631 REGAL ENTERTAINMENT GROUP CL A 44594 43507 TARGET CORP 69601 82776 TIME WARNER INC 31756 42280 ALTRIA GROUP INC 55226 71001 B & G FOODS HLDGS CORP CLASS A 75332 108887 COLGATE PALMOLIVE CO 33686 34291 CONAGRA FOODS INC 59080 98954 DINEEQUITY INC 20680 19712 DISNEY WALT CO 99416 121937 KELLOGG CO 65977 90811 KRAFT HEINZ CO 32487 40866 LAMB WESTON HOLDINGS, INC. 96132 118092 PEPSICO INC 68303 87994 PROCTER & GAMBLE CO 59704 60201 SYSCO 65036 72036 CHEVRON CORPORATION 179658 186672 CONOCOPHILLIPS 172988 145055 EXXON MOBIL CORPORATION 122181 122302 KINDER MORGAN INC DEL COM 79007 70745 OCCIDENTAL PETROLEUM CORP 40753 39533 AMERIPRISE FINL INC 70735 80986 ARES CAPITAL CORP 90309 84594 BANK NEW YORK MELLON CORP 70979 70549 BERKSHIRE HATHAWAY CL B 62653 86053 BLACKROCK INC 101907 108073 BOSTON PROPERTIES INC 31187 31697 CAPITAL ONE FINL CORP 93529 129202 CITIGROUP INC 62174 83024 GALLAGHER ARTHUR J & CO 87807 99763 GOLDMAN SACHS GROUP INC 52585 75427 INTERCONTINENTALEXCHANGE GROUP 1 55900 59410 INTERPUBLIC GROUP COS INC 59087 59719 JPMORGAN CHASE & CO 58108 87929 LAM RESH CORP 57428 78240 MARSH & MCLENNAN COS INC 70687 71037 OLD REP INTL CORP 76558 109801 PACWEST BANCORP 99112 115903 PROLOGIS INC 87309 110595 STARWOOD PPTY TR INC 91355 86351 SUMMIT HOTEL PPTYS INC COM 61265 118670 WESTERN UN CO 96110 110229 ABBVIE INC 109193 98251 AMGEN INC 52807 89188 BECTON DICKINSON & CO 59380 67876 CELGENE CORP 52652 70029 CORNING INCORPORATED 57880 109943 HEALTHSOUTHCORP 105992 108049 JOHNSON & JOHNSON 53254 98159 LILLY ELI & CO 71158 75904 MERCK & CO INC NEW 134251 181202 ZOETIS INC 90704 93999 THERMO FISHER SCIENTIFIC INC 65867 73090 BOEING CO 70823 81576 EAGLE MATERIALS ICN 26640 33796 GENERAL DYNAMICS CORP 41545 52661 GENERAL ELECTRIC CO 135941 181637 HONEYWELL INTERNATIONAL INC 48974 61401 LOCKHEED MARTINCORP 56294 87479 NORFOLK SOUTHERN CORP 80097 112609 NORTHROP GRUMMAN CORP 44668 78379 OLIN CORP COM PAR $1 101741 118574 PBF ENERGY INC 89448 93677 RYDER SYSTEMS INC 102117 110022 3M CO 47627 58750 UNION PACIFIC CORP 35601 43546 ADOBE SYS INC 56432 62182 ALPHABET INC CL C 60081 84128 APPLE INC 99802 100300 APPLIED MATLS INC 25061 33238 CA INC 85048 100520 CISCO SYS INC 80420 100330 FACEBOOK INC 41589 76508 GREIF INC CL A 16165 21242 HEWLETT PACKARD ENTERPRISE CO 59166 73747 INTEL CORP 84194 122665 IBM CORP 73512 75193 MICROSOFT CORP 90659 107751 ORACLE CORPORATION 72050 71902 PAYPAL HLDGS INC 63036 71085 RAYTHEON COMPANY 101871 137598 DOW CHEMICAL CO 42691 49781 INTERNATIONAL PAPER CO 104448 119226 T-MOBILE US INC 31185 44110 VERIZON 93736 102810 NEXTERA ENERGY INC 70383 71676 CARNIVAL CORP 103006 110471 SCHLUMBERGER LTD 59234 62375 NIELSEN HOLDINGS PLC 121840 99380 TE CONNECTIVITY LTD 93203 108008 SCORPIO TANKERS INC 95119 64684 ISHARES S&P SM CAP 600 INDEX FD AT COST 812345 1406417 MFS INTL NEW DISCOVERY I AT COST 284547 337389 OPPENHEIMER DEVELOPING MARKETS FUND-Y AT COST 221881 229908 ENERGY SEL SECT SPDR FD (XLE) AT COST 257060 280642 GUGGENHEIM S&P 500 EQU WEIGHT (RSP) AT COST 944621 1806964 INDUSTRIAL SEL SEC SPDR FD (IEFA) AT COST 100137 102663 ISHARES CORE MSCI EAFE ETF (IEFA) AT COST 672081 686464 ISHARES S&P 500 GRWTH ETF (IVW) AT COST 2188986 4199928 ISHARES S&P 500 VAL ETF (IVE) AT COST 2449822 4421587 ISHARES SP SMALLCAP 600 INDEX (IJR) AT COST 520073 1163144 ISHARES US REAL ESTATE ETF (IYR) AT COST 444336 630062 POWERSHARES DB COMM TRK INC (DBC) AT COST 207638 209088 PROSHARES TR S&P 500 DV ARIST (NOBL) AT COST 367765 423948 SPDR MORGAN STANLEY TECHNOLOGY (MTK) AT COST 234609 436652 SPDR S&P AEROSPACE & DEF ETF (XAR) AT COST 101129 104561 SPDR S&P TRANSN ETF (XTN) AT COST 100814 102561 THE FINANCIAL SEL SECT SPDR (XLF) AT COST 320492 378975 VANGUARD DIVIDEND APPRECIATION (VIG) AT COST 128504 219849 VANGUARD FTSE DEVELOPED MKTS E (VEA) AT COST 1968084 2049456 VANGUARD FTSE EMERGING MKTS (VWO) AT COST 1000443 1018728 VANGUARD INTL EQUITY INDEX FD (VEU) AT COST 1021049 1002709 VANGUARD IMEGA CAP VALUE ETF (MGV) AT COST 365500 429376 SALIENT MLP& ENERGY INFORST 1 (SMLPX) AT COST 374008 448756 VOYA GLOBAL REAL ESTATE I (IGLIX) AT COST 292052 337977 LEGAL EXPENSE 5240 2620 2620 association dues 750 375 375 INSURANCE 1474 737 737 OFFICE EXPENSE 2302 1151 1151 INVESTMENT EXPENSES FROM K-1S 281 281 0 INVESTMENT MANAGEMENT FEES 184763 184763 0 excise tax 25000 0 0 FOREIGN TAXES 408 408 0