2017-03-31T08:57:36-05:00 2016-06-30 381357951 PLANTE & MORAN PLLC 750 Trade Centre Way Ste 300 Portage MI 49002 990 2015-07-01 382456949 RICHARD U LIGHT FOUNDATION RICH 2693810266 350 EAST MICHIGAN AVE STE 500 KALAMAZOO MI 49007 BARBARA J PARISH VICE PRESIDENT/TREASURER 2693810266 2017-01-31 1 James G Thompson CPA P00053844 2695674500 2017-01-31 2015 2021-01-29 14:40:06Z BARBARA J PARISH 350 EAST MICHIGAN AVE STE 500 KALAMAZOO MI 49007 9064510 0 X N/A X 1982 MI TO PROMOTE THE EDUCATION OF YOUNG MEN AND YOUNG WOMEN AND PROVIDE FINANCIAL ASSISTANCE TO ENABLE NEEDY INDIVIDUALS TO SECURE AN EDUCATION. 3 1 1 0 0 0 0 0 0 0 3932043 3472594 0 0 3932043 3472594 1379305 1591672 0 0 88440 74375 0 0 0 163113 172058 1630858 1838105 2301185 1634489 47630847 46171027 0 0 47630847 46171027 TO PROMOTE THE EDUCATION OF YOUNG MEN AND YOUNG WOMEN AND PROVIDE FINANCIAL ASSISTANCE TO ENABLE NEEDY INDIVIDUALS TO SECURE AN EDUCATION. 0 0 1651220 1591672 YALE UNIVERSITY - TO SUPPORT FOREIGN STUDY FELLOWSHIPS FOR STUDENTS LEARNING THE CHINESE, JAPANESE OR KOREAN LANGUAGES 1651220 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 4 0 1 1 1 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 1.50 X X 19631 0 0 TIMOTHY LIGHT PRESIDENT 1.00 X X 0 0 0 STEPHEN M DENENFELD SECRETARY 1.00 X X 16788 0 0 36419 0 0 0 0 0 0 WILLIAM BLAIR & COMPANY LLC 222 WEST ADAMS STREET CHICAGO IL 60606 INVESTMENT MANAGEMENT 146799 1 700378 700378 8364132 5591916 2772216 2772216 2772216 3472594 0 0 3472594 1591672 1591672 36419 25493 10926 35200 17600 17600 2756 1378 1378 12350 6175 6175 7000 3500 3500 146799 146799 1014 507 507 4895 4895 1838105 1651220 186885 0 1702077 2394334 31642667 30239376 14286103 13537317 47630847 46171027 0 0 X 30705491 29245671 16925356 16925356 47630847 46171027 47630847 46171027 X 1634489 -3094309 X X 1 X 0 0 0 X X 1 YALE UNIVERSITY 060646973 2 1 1591672 0 1 1591672 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 223193 0 0 717468 700378 717468 923571 0 0 200820 169781 0 0 516648 753790 45389750 44339611 1695810 2126678 0 0 47085560 46466289 0 0 0 47085560 46466289 706283 696994 46379277 45769295 1623275 1601925 0 0 1623275 1601925 516648 439151 1623275 1623275 0 1623275 1591672 0 59548 0 0 0 1651220 1591672 1623275 98.050000000000 1623275 119165 0 0 0 0 0 0 1651220 119165 1532055 0 0 91220 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. Part V - Section D line 10 DISTRIBUTIONS TO YALE UNIVERSITY FOR THE RICHARD U. LIGHT FELLOWSHIP PROGRAM. 47630577 378555 1591672 22985 223448 46171027 46090636 3161367 1379305 25433 216688 47630577 44540686 2582224 932967 9629 89678 46090636 73444237 17267125 45672391 113434 384851 44540686 67008410 9528269 2727775 60527 304140 73444237 0.36660 0.63340 0 0 0 William Blair International growth 2405452 F WILLIAM BLAIR BOND FUND 11131865 F 13537317 0 YALE UNIVERSITY 149 elm street NEW HAVEN CT 065200000 060646973 501(c)3 1591672 program support 1 0 0 0 0 0 0 0 0 0 Form 990, Part VI, Section B, line 11 THE BOARD OF TRUSTEES REVIEW 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 XI, line 9: UNREALIZED APPRECIATION (depreciation) IN MARKET VALUE OF INVESTMENTS -3,094,309. FORM 990, PART XII, LINE 2C: THERE HAS BEEN NO CHANGE IN PROCESS SINCE PRIOR YEAR.