THE WAYNE AND JOAN WEBBER FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- THE WAYNE AND JOAN WEBBER FOUNDATION (EIN 38-3390733)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-13
- IRS object ID
- 202523179349100622
- Schema version
- 2024v5.2
- 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
- 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
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-13T08:33:11-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA | 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 | 2024-01-01 | 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 | CYNTHIA HELISEK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 5464653800 | PhoneNum |
| Signature | 2025-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | ASTRID BRAEUER | PreparerPersonNm |
| PTIN | P00328071 | PTIN |
| Phone | 2483622100 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $36,176,621 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $653,616 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $653,616 | DividendsNetInvstIncmAmt |
| Net Rental Income Or Loss | $352,518 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $994,785 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $5,424,750 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $994,785 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $549,241 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $549,241 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,197,642 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,197,642 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $140,801 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $5,801 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $135,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $11,000 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,332 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $9,668 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,584 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,127 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $10,457 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $2,075 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,075 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $178,045 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $173,306 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,739 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $348,505 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $186,566 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $161,939 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,895,157 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,895,157 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,243,662 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $186,566 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,057,096 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,046,020 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,011,076 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $0 | CashBOYAmt |
| Cash EOY | $0 | CashEOYAmt |
| Cash EOYFMV | $0 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $225,508 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $270,225 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $270,225 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $22,282 | AcctRcvblAmt |
| Acct Rcvbl BOY | $35,136 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $22,282 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $22,282 | AcctRcvblEOYFMVAmt |
| Inventories BOY | $41,880 | InventoriesBOYAmt |
| Inventories EOY | $27,444 | InventoriesEOYAmt |
| Inventories EOYFMV | $27,444 | InventoriesEOYFMVAmt |
| US Government Obligations BOY | $2,611,761 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,626,201 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,520,379 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $11,943,619 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,204,258 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $18,330,434 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $6,669,362 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,012,981 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $5,838,525 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $5,163,300 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,481,155 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,167,332 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,748,259 | LandBldgEquipCostOrOtherBssAmt |
| Land BOY | $4,748,259 | LandBOYAmt |
| Land EOY | $4,748,259 | LandEOYAmt |
| Land EOYFMV | $3,000,000 | LandEOYFMVAmt |
| Total Assets BOY | $31,438,825 | TotalAssetsBOYAmt |
| Total Assets EOY | $29,392,805 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $36,176,621 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $31,438,825 | RetainedEarningBOYAmt |
| Retained Earning EOY | $29,392,805 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $31,438,825 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $29,392,805 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,438,825 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $29,392,805 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $31,438,825 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,046,020 | ExcessRevenueOverExpensesAmt |
| Subtotal | $29,392,805 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $29,392,805 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| SHORT TERM CAPITAL GAINS | 2024-01-01 | 2024-12-31 | $236,343 | $232,714 | $3,629 | $3,629 | |
| LONG TERM CAPITAL GAINS | 2023-01-01 | 2024-12-31 | $5,059,992 | $4,197,251 | $862,741 | $862,741 | |
| CAPITAL GAIN DIVIDENDS | $127,770 | P | |||||
| CAPITAL GAIN DIVIDENDS | $127,770 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $994,785 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $27,954 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $27,954 | SubtotalAmt |
| Tax Based On Investment Income | $27,954 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $14,961 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $15,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $29,961 | TotalPaymentsAndCreditsAmt |
| Overpayment | $2,007 | OverpaymentAmt |
| Applied To ES Tax | $2,007 | AppliedToESTaxAmt |
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 |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| DAVID LARSEN | ||||||||
| 44710 Morley Drive | Clinton Township | MI | 48036 | SECRETARY/TREASURER | 1.0 | $5,801 | $0 | $0 |
| CYNTHIA HELISEK | ||||||||
| 44710 Morley Drive | Clinton Township | MI | 48036 | PRESIDENT/DIRECTOR | 40.0 | $135,000 | $0 | $0 |
| DEMETRIOS PAPAGEORGIOU | ||||||||
| 44710 Morley Drive | Clinton Township | MI | 48036 | DIRECTOR | 5.0 | $0 | $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 | $36,435,728 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $325,390 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $36,761,118 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $36,761,118 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $551,417 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $36,209,701 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,810,485 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,810,485 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $27,954 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $27,954 | TotalTaxAmt |
| Distributable Before Adj | $1,782,531 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,782,531 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,782,531 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,057,096 | 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 | $4,057,096 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,782,531 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,891,929 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $148,085 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $5,613,657 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,139,907 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $9,793,578 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,057,096 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,782,531 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,274,565 | RemainingDistriFromCorpusAmt |
| Total Corpus | $12,068,143 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $1,891,929 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $10,176,214 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $148,085 | ExcessFromYear4Amt |
| Excess From Year3 | $5,613,657 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $2,139,907 | ExcessFromYear1Amt |
| Excess From Current Year | $2,274,565 | 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 (35 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 | $25,000 | |
| BEYOND BASICS | ||||||||
| 18000 WEST NINE MILE ROAD | SOUTHFIELD | MI | 48075 | NONE | PC | TUTORING | $592,300 | SUITE 515 |
| BENZIE AREA CHRISTIAN NEIGHBORS | ||||||||
| 2804 BENZIE HIGHWAY | BENZONIA | MI | 49616 | NONE | PC | FOOD PANTRY | $20,000 | PO BOX 93 |
| MISC GIFTS UNDER 1000 | ||||||||
| VARIOUS | VARIOUS | MI | 48036 | NONE | PC | GENERAL | $3,015 | |
| CAPUCHINS SOUP KITCHEN | ||||||||
| 1820 MT ELLIOTT | DETROIT | MI | 48207 | NONE | PC | GENERAL | $40,000 | |
| MACOMB CHARITABLE FOUNDATION | ||||||||
| 18215 24 MILE ROAD | MACOMB | MI | 48042 | NONE | PC | GENERAL | $25,000 | |
| ST MARY'S QUEEN OF CREATION | ||||||||
| 50931 MARIA STREET | NEW BALTIMORE | MI | 48047 | NONE | PC | FOOD PANTRY | $10,000 | |
| LOYOLA HIGH SCHOOL | ||||||||
| 15325 PINEHURST | DETROIT | MI | 48023 | NONE | PC | FUNDS FOR TEACHER SALARIES AND BENEFITS BUILDING IMPROVEMENTS | $275,000 | |
| DETROIT INSTITUTE OF ARTS | ||||||||
| 5200 WOODWARD AVE | DETROIT | MI | 48202 | NONE | PC | GENERAL | $250,000 | |
| St Jude's Children's Research Hospital | ||||||||
| 262 Danny Thomas Place | Memphis | TN | 38105 | Public | PC | General | $50,000 | |
| Shriner's Hospital for Children | ||||||||
| 2900 Rock Point Drive | Tampa | FL | 33607 | NONE | PC | General | $25,000 | |
| GESU CATHOLIC SCHOOL | ||||||||
| 17139 OAK DRIVE | DETROIT | MI | 48221 | NONE | PC | GENERAL | $35,000 | |
| NEW DAY FOUNDATION | ||||||||
| 49 Macomb Place Suite 28 | Mt Clemens | MI | 48043 | NONE | PC | GENERAL | $150,000 | |
| RACQUET UP DETROIT | ||||||||
| PO Box 11404 | Detroit | MI | 48211 | NONE | PC | GENERAL | $50,000 | |
| Immaculate Conception School | ||||||||
| 7043 CHURCH ROAD | FAIR HAVEN | MI | 48023 | NONE | PC | SCHOLARSHIPS | $25,000 | |
| MOUNT CLEMENS FOUNDATION | ||||||||
| 49 MACOMB PLACE | MT CLEMENS | MI | 48043 | NONE | PC | FIREWORKS | $20,000 | SUITE 28 |
| DEWAYNE R HAYES FOUNDATION | ||||||||
| 1300 EAST LAFAYETTE | DETROIT | MI | 48207 | NONE | PC | GENERAL | $35,000 | UNIT 2810 |
| Salvation Army | ||||||||
| 16130 Northland Drive | Southfield | MI | 48075 | NONE | PC | General | $150,000 | |
| The Regents of the University of Michigan | ||||||||
| 3003 South State St Suite 8000 | Ann Arbor | MI | 48109 | PC | Pediatrics and Children's Hospital Funds | $1,000,000 | ||
| Pope Francis Center | ||||||||
| 438 Saint Antoine St | Detroit | MI | 48226 | PC | General | $25,000 | ||
| Living Water | ||||||||
| 4001 Greenbriar Drive | Stafford | TX | 77477 | PC | General | $150,000 | ||
| Northwest Food Coalition | ||||||||
| 2279 S Airport Rd W | Traverse City | MI | 49684 | PC | General | $2,500 | ||
| Various Elementary Schools | ||||||||
| Wayne and Benzie County | Detroit | MI | 48201 | PC | Coats, boots, hats, gloves, and socks | $59,722 | ||
| Gleaners Community Food Bank | ||||||||
| 2131 Beaufait | Detroit | MI | 48207 | PC | Food Distribution Center | $677,620 | ||
| Inclusively Fit | ||||||||
| 39209 Six Mile Rd Suite 155 | Livonia | MI | 48152 | PC | General | $25,000 | ||
| Discovery Center | ||||||||
| 232 N Michigan Avenue | Beulah | MI | 49617 | PC | General | $10,000 | ||
| Vets Returning Home | ||||||||
| 17955 East Eleven Mile Road | Roseville | MI | 48066 | PC | General | $25,000 | ||
| Forgotten Harvest | ||||||||
| 21800 Greenfield Road | Oak Park | MI | 48237 | PC | General | $25,000 | ||
| Benzie Senior Resources | ||||||||
| 232 N Michigan Avenue | Honor | MI | 49640 | PC | General | $5,000 | ||
| United Way of Northwest Michigan | ||||||||
| 202 East Grandview Parkway | Traverse City | MI | 48684 | PC | General | $10,000 | ||
| Nardin Park United Methodist | ||||||||
| 29887 West Eleven Mile Road | Farmington Hills | MI | 48336 | PC | General | $25,000 | ||
| Notre Dame Preparatory | ||||||||
| 1300 Gildings Rd | Pontiac | MI | 48340 | PC | General | $5,000 | ||
| Safari Club International | ||||||||
| 4800 Gates Pass Road | Tucson | AZ | 85745 | PC | General | $25,000 | ||
| Suite Dreams Project | ||||||||
| 400 Water Street | Rochester | MI | 48307 | PC | General | $20,000 | Suite 250 | |
| Hillsdale College | ||||||||
| 33 E College St | Hillsdale | MI | 49242 | PC | General | $25,000 | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,895,157 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $653,616 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp |
Net Rental Income Personal Prop NetRentalIncomePersonalPropGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $352,518 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $997,389 | 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 (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| OTHER INCOME | 18 | $172,081 |
| DIVIDENDS FROM K-1'S | 18 | $22,038 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $2,197,642 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,197,642 | 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 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS ADV | $0 | $0 |
| GOLDMAN SACHS GOVE/CORP FI | $4,985,198 | $4,834,564 |
| GS PREF SEC | $1,027,783 | $1,003,961 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS ADV | $9,221,800 | $16,623,812 |
| FIERA | $982,458 | $1,706,622 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,626,201 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,520,379 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| GOLDMAN SACHS BRKG II | $3,254,766 | $3,882,737 |
| GOLDMAN SACHS ADV | $1,226,389 | $1,284,595 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL/OTHER PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $11,000 | LegalFeesAmt |
| Net Investment Income | $1,332 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,668 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OFFICE EXPENSE | $4,319 | $4,319 | |
| OTHER PORTFOLIO DEDUCTIONS | $2,324 | $2,324 | |
| CUSTODIAN FEES | $128,396 | $128,396 | |
| AMORTIZATION EXPENSE | $26,429 | $26,429 | |
| INSURANCE EXPENSE | $16,157 | $16,157 | |
| MILEAGE EXPENSE | $330 | $330 | |
| WORKERS COMP | $90 | $90 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Other Rental Income | $352,518 | $352,518 |
| Dividends from K-1s | $22,038 | $22,038 |
| Other Income | $172,081 | $172,081 |
| Ordinary Gain | $2,604 | $2,604 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN PAYABLE | Desc |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $6,127 | $6,127 | |
| PAYROLL TAXES | $10,457 | $10,457 |
Comments