THE WAYNE AND JOAN WEBBER FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- THE WAYNE AND JOAN WEBBER FOUNDATION (EIN 38-3390733)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-06
- IRS object ID
- 201743109349100604
- Schema version
- 2016v3.1
- 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-PF
- Schedule B
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Long Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-06T08:27:50-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2600 WEST BIG BEAVER SUITE 600 | AddressLine1Txt |
| City | TROY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48084 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383390733 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wayne and Joan Webber Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % COLLEEN MAEDEL | InCareOfNm |
| Business Name Control | WAYN | BusinessNameControlTxt |
| Phone | 5864653800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44710 Morley Drive | AddressLine1Txt |
| City | Clinton Township | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48036 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WAYNE WEBBER | PersonNm |
| Person Title | TREASURER/DIRECTOR | PersonTitleTxt |
| Signature | 2017-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ASTRID BRAEUER | PreparerPersonNm |
| PTIN | P00328071 | PTIN |
| Phone | 2483622100 | PhoneNum |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 4.78.222.202 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 38868820173105000000 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2017-11-06 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 039D917D199CCE19C18A0B506D5654B036EC3F84 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 62E181002704D83417FA89881821E84D67B3D533 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2021-01-29 14:40:06Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $31,122,278 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $276,660 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $624,148 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $624,148 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$36,522 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $12,603,876 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $104,451 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $104,287 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $968,737 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $728,435 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $137,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $137,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $56,988 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $56,988 | LegalFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $211,352 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $211,352 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $9,707 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $22 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $9,685 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $154 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $154 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $153,910 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $150,047 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,863 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $569,111 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $361,421 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $207,690 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,658,346 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,658,346 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,227,457 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $361,421 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,866,036 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,258,720 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $367,014 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $339,659 | CashBOYAmt |
| Cash EOY | $354,634 | CashEOYAmt |
| Cash EOYFMV | $354,634 | CashEOYFMVAmt |
| Other Nts And Loans Rcvbl | $5,325,624 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $5,415,188 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $5,325,624 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $5,325,624 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Inventories BOY | $40,320 | InventoriesBOYAmt |
| Inventories EOY | $31,928 | InventoriesEOYAmt |
| Inventories EOYFMV | $31,928 | InventoriesEOYFMVAmt |
| US Government Obligations BOY | $6,311,240 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $5,551,779 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $5,538,341 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $3,946,900 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,611,007 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,261,797 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $10,458,526 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $9,646,782 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $9,696,967 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $4,948,506 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,679,865 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,912,987 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $31,460,339 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,201,619 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,122,278 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $9,962,447 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,962,447 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,962,447 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,962,447 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $21,497,892 | RetainedEarningBOYAmt |
| Retained Earning EOY | $19,239,172 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $21,497,892 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $19,239,172 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,460,339 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,201,619 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $21,497,892 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,258,720 | ExcessRevenueOverExpensesAmt |
| Subtotal | $19,239,172 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $19,239,172 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| K-1 PASS THRU SIGULER GUFF | P | 2016-01-01 | 2016-12-31 | $0 | $2,274 | -$2,274 | -$2,274 |
| K-1 PASS THRU SIGULER GUFF | P | 2015-01-01 | 2016-12-31 | $17,482 | $17,482 | $17,482 | |
| CAPITAL GAIN DISTRIBUTIONS | P | 2015-01-01 | 2016-12-31 | $2,561 | $2,561 | $2,561 | |
| GOTTEX GAIN | P | 2015-01-01 | 2016-12-31 | $12,646 | $12,646 | $12,646 | |
| PUBLICLY TRADED SECURITIES | $12,569,540 | $12,638,124 | -$68,584 | -$68,584 | |||
| DISALLOWED LOSS FROM PUBLICLY TRADED SECURITIES | P | 2016-01-01 | 2016-12-31 | $1,628 | $1,628 | $1,628 | |
| DISALLOWED LOSS FROM PUBLICLY TRADED SECURITIES | P | 2015-01-01 | 2016-12-31 | $19 | $19 | $19 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$36,522 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,514,905 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $29,743,480 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.118174 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,811,199 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $31,936,177 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.088026 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,979,591 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $32,700,537 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.060537 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,207,075 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $31,952,422 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.069074 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $2,372,391 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $32,046,070 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.074031 | DistributionYr5Rt |
| Total Distribution | 0.409842 | TotalDistributionRt |
| Average Distribution | 0.081968 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $26,754,742 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,193,033 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,670 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,196,703 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,866,036 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $3,670 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $3,670 | SubtotalAmt |
| Tax Based On Investment Income | $3,670 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $31,221 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $31,221 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $27,551 | OverpaymentAmt |
| Applied To ES Tax | $10,000 | AppliedToESTaxAmt |
| Refund | $17,551 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | COLLEEN MAEDEL | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5864653800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44710 MORLEY DRIVE | AddressLine1Txt |
| City | CLINTON TOWNSHIP | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| WAYNE WEBBER | ||||||||
| 44710 MORLEY DRIVE | CLINTON TOWNSHIP | MI | 48036 | TREASURY/DIRECTOR | 2.0 | $0 | $0 | $0 |
| JOAN WEBBER | ||||||||
| 44710 MORLEY DRIVE | CLINTON TOWNSHIP | MI | 48036 | SECRETARY/DIRECTOR | 2.0 | $0 | $0 | $0 |
| DAVID STONE | ||||||||
| 44710 MORLEY DRIVE | CLINTON TOWNSHIP | MI | 48036 | DIRECTOR | 1.0 | $0 | $0 | $0 |
| CYNTHIA HELISEK | ||||||||
| 44710 MORELY DRIVE | CLINTON TOWNSHIP | MI | 48036 | PRESIDENT | 40.0 | $137,000 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $25,551,252 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $606,470 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,004,453 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $27,162,175 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $27,162,175 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $407,433 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,754,742 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,337,737 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,337,737 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,670 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,670 | TotalTaxAmt |
| Distributable Before Adj | $1,334,067 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $39,564 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,373,631 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,373,631 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,866,036 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,866,036 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,670 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,862,366 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,373,631 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2014 | PriorYear1Yr |
| Prior Year2 | 2013 | PriorYear2Yr |
| Prior Year3 | 2012 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $730,604 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $526,461 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $242,192 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,124,692 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,802,917 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,426,866 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,866,036 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,373,631 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,492,405 | RemainingDistriFromCorpusAmt |
| Total Corpus | $5,919,271 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $730,604 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,188,667 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $526,461 | ExcessFromYear4Amt |
| Excess From Year3 | $242,192 | ExcessFromYear3Amt |
| Excess From Year2 | $1,124,692 | ExcessFromYear2Amt |
| Excess From Year1 | $1,802,917 | ExcessFromYear1Amt |
| Excess From Current Year | $1,492,405 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WAYNE AND JOAN WEBBER | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (31 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| WIGS 4 KIDS | ||||||||
| 30126 HARPER | ST CLAIR SHORES | MI | 48082 | NONE | PC | GENERAL | $40,000 | |
| BEYOND BASICS | ||||||||
| 18000 WEST NINE MILE ROAD | SOUTHFIELD | MI | 48075 | NONE | PC | TUTORING | $564,500 | SUITE 515 |
| GLEANERS COMMUNITY FOOD BANK | ||||||||
| 21462 MOUND ROAD | WARREN | MI | 48091 | NONE | PC | GENERAL | $100,000 | |
| SALVATION ARMY | ||||||||
| 16130 NORTHLAND DRIVE | SOUTHFIELD | MI | 48076 | NONE | SO I | GERNERAL | $125,000 | |
| BENZIE AREA CHRISTIAN NEIGHBORS | ||||||||
| 2804 BENZIE HIGHWAY | BENZONIA | MI | 49616 | NONE | PC | FOOD PANTRY | $20,000 | PO BOX 93 |
| FIRST WORD SOCIETYWILLIAM BEAUMONT HOSPITAL | ||||||||
| 3501 W THIRTEEN MILE ROAD | ROYAL OAK | MI | 48073 | NONE | PC | SCHOLARSHIPS | $30,000 | |
| SPECIAL OLYMPICS MICHIGAN | ||||||||
| CENTRAL MICHIGAN UNIVERSITY | MT PLEASANT | MI | 48859 | NONE | PC | GENERAL | $5,500 | |
| MT CLEMENS FOUNDATION | ||||||||
| 49 MACOMB PLACE SUITE 28 | MT CLEMENS | MI | 48043 | NONE | PC | FIREWORKS | $20,000 | |
| BENZIE COUNTY COAT DRIVE | ||||||||
| VARIOUS ELEMENTARY SCHOOLS | Honor | MI | 49640 | NONE | PC | COATS, BOOTS, HATS, GLOVES, AND SOCKS | $35,657 | 11434 Main Street |
| MISC GIFTS UNDER 1000 | ||||||||
| VARIOUS | VARIOUS | MI | 48036 | NONE | PC | GENERAL | $14,660 | |
| CAPUCHINS SOUP KITCHEN | ||||||||
| 1820 MT ELLIOTT | DETROIT | MI | 48207 | NONE | PC | GENERAL | $25,000 | |
| MACOMB CHARITABLE FOUNDATION | ||||||||
| 18215 24 MILE ROAD | MACOMB | MI | 48042 | NONE | PC | GENERAL | $10,000 | |
| ST MARY'S QUEEN OF CREATION | ||||||||
| 50931 MARIA STREET | NEW BALTIMORE | MI | 48047 | NONE | PC | FOOD PANTRY | $10,000 | |
| VILLAGE OF THOMPSONVILLE | ||||||||
| 14714 LINCOLN AVENUE | THOMPSONVILLE | MI | 49683 | NONE | PC | FALL FESTIVAL | $2,626 | |
| CS MOTT CHILDREN'S HOSPITAL | ||||||||
| 1540 E HOSPITAL DRIVE | ANN ARBOR | MI | 48109 | NONE | PC | CLINICAL OUTREACH PROGRAM | $200,000 | |
| DETROIT HISTORICAL SOCIETY | ||||||||
| 5401 WOODWARD AVENUE | DETROIT | MI | 48202 | NONE | PC | MARITIME FACILITY | $100,000 | |
| RACQUET UP DETROIT | ||||||||
| PO BOX 11404 | DETROIT | MI | 48211 | NONE | PC | GENERAL | $10,000 | |
| MICHIGAN CANCER SOCIETY | ||||||||
| 1755 ABBEY ROAD | EAST LANSING | MI | 48823 | NONE | PC | FUNDS FOR RESEARCH | $110,000 | |
| LOYOLA HIGH SCHOOL | ||||||||
| 15325 PINEHURST | FAIR HAVEN | MI | 48023 | NONE | PC | FUNDS FOR TEACHER SALARIES AND BENEFITS | $25,000 | |
| SJP FOUNDATION | ||||||||
| 22101 MOROSS ROAD | DETROIT | MI | 482362171 | NONE | PC | EQUIPMENT | $50,000 | |
| DETROIT INSTITUTE OF ARTS | ||||||||
| 5200 WOODWARD AVE | DETROIT | MI | 48202 | NONE | PC | GENERAL | $52,500 | |
| IMMACULATE CONCEPTION SCHOOL | ||||||||
| 7043 CHURCH ROAD | FAIR HAVEN | MI | 48023 | NONE | PC | SCHOLARSHIPS | $25,000 | |
| HENRY FORD HOSPITAL | ||||||||
| 15855 19 MILE ROAD | CHARTER TOWNSHIP | MI | 48038 | NONE | PC | SURGERY CENTER | $1,000,000 | |
| UNIVERSITY YES ACADEMY | ||||||||
| 14669 CURTIS STREET | DETROIT | MI | 48235 | NONE | PC | FURNITURE | $6,179 | |
| WOUNDED WARRIOR PROJECT | ||||||||
| 370 7th ave room | TOPEKA | KS | 66675 | NONE | PC | GENERAL | $2,000 | PO BOX 758517 |
| NEW PARADIGM FOR EDUCATION | ||||||||
| 1903 WILKINS STREET | DETROIT | MI | 48207 | NONE | PC | TUTORING | $7,500 | |
| BENZIE COUNTY SHERIFF | ||||||||
| 505 S MICHIGAN AVENUE | BEULAH | MI | 49617 | NONE | PC | K-9 PURCHASE | $5,000 | |
| ST RAPHAEL CHURCH | ||||||||
| 18440 CADILLAC HIGHWAY | COPEMISH | MI | 49625 | NONE | PC | REPAIRS | $1,224 | |
| PRESERVE HICKORY | ||||||||
| 233 N MADISON STREET | TRAVERSE CITY | MI | 49684 | NONE | PC | GENERAL | $5,000 | |
| Chesterfield Township Historical Society | ||||||||
| 47275 Sugarbush Rd | Chesterfield | MI | 48047 | NONE | PC | Chapel moving | $36,000 | |
| Chesterfield Lions Club | ||||||||
| PO Box 394 | Chesterfield | MI | 48023 | NONE | PC | Flag pole | $20,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,658,346 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $624,148 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $367 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$36,522 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| K-1 PARTNERSHIP INCOME | 18 | $91,793 | ||
| INTEREST FROM NOTES RECEIVABLE | 14 | $12,127 | ||
| K-1 PARTNERSHIP INCOME | 900099 | $164 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $164 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $691,913 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $692,077 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | WAYNE AND JOAN WEBBER | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44710 MORLEY DR | AddressLine1Txt |
| City | CLINTON TOWNSHIP | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $276,660 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MELLON BANK - FIXED INCOME | $8,150,346 | $8,163,650 |
| INVESTMENT IN WINDWARD | $921,334 | $948,087 |
| WINDWARD DIV. | $575,102 | $585,230 |
| PIMCO | $0 | $0 |
| CASH-MELLON BANK | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN WINWARD | $1,027,451 | $1,293,995 |
| WINDWARD DIV. | $170,632 | $193,167 |
| BNY-EQUITY FUND | $2,412,924 | $2,774,635 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $5,551,779 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $5,538,341 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN BENCHMARK | $3,878,269 | $4,861,477 |
| INVESTMENT IN WINDWARD | $132,673 | $135,149 |
| INVESTMENT IN SIGULAR GUFF | $627,281 | $869,065 |
| INVESTMENT IN GOTTEX | $0 | $4,877 |
| WINDWARD DIV. | $41,642 | $42,419 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL/OTHER PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $56,988 | LegalFeesAmt |
| Disbursements Charitable Prps | $56,988 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OFFICE EXPENSE | $3,863 | $3,863 | |
| OTHER PORTFOLIO DEDUCTIONS | $3,895 | $3,895 | |
| CUSTODIAN FEES | $76,960 | $76,960 | |
| AMORTIZATION EXPENSE | $69,192 | $69,192 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| INCOME FROM 1256 CONTRACTS | -$3,290 | -$3,290 |
| INCOME FROM 988 CONTRACTS | $21,481 | $21,481 |
| INCOME FROM K-1 PARTNERSHIPS | $29,566 | $29,402 |
| OTHER PORTFOLIO INCOME | $11,116 | $11,116 |
| RENTAL INCOME (NET) | $367 | $367 |
| ROYALTY INCOME | $1,134 | $1,134 |
| INTEREST FROM K-1S | $31,908 | $31,908 |
| INTEREST FROM NOTES RECEIVABLE | $12,127 | $12,127 |
| OTHER TRADE/BUSINESS INCOME | $42 | $42 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN PAYABLE | Desc |
| BOY Book Value | $9,962,447 | BOYBookValueAmt |
| EOY Book Value | $9,962,447 | EOYBookValueAmt |
Other Notes Loans Rcvbl Long Sch OtherNotesLoansRcvblLongSch
Other Notes Loans Rcvbl Long OtherNotesLoansRcvblLongGrp (3 entries)
| Balance DueBalanceDueAmt | InterestInterestRt |
|---|---|
| UNIVERSITY YES ACADEMY | |
| $5,131,035 | 0 |
| NEW PARADIGM | |
| $194,589 | 0 |
| BEYOND BASICS | |
| $0 | 0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $22 | $22 | |
| PAYROLL TAXES | $9,685 | $9,685 |
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