THE WAYNE AND JOAN WEBBER FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- THE WAYNE AND JOAN WEBBER FOUNDATION (EIN 38-3390733)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-14
- IRS object ID
- 201413189349101656
- Schema version
- 2013v3.1
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-14T14:59:28-06:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 330 N WABASH SUITE 3200 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | 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 | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % RICHARD GIBBS | InCareOfNm |
| Business Name Control | WAYN | BusinessNameControlTxt |
| Phone | 5864653800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 44710 Morley Drive | AddressLine1 |
| Address Line2 | Suite | AddressLine2 |
| City | Clinton Township | City |
| State | MI | State |
| ZIP Code | 48036 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WAYNE W WEBBER | PersonNm |
| Person Title | TREASURER/DIRECTOR | PersonTitleTxt |
| Phone | 5864653800 | PhoneNum |
| Signature | 2014-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | REBEKUH ELEY | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 5864653800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $43,251,706 | 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 |
| Interest On Sav Rev And Expnss | $11 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $669,050 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $669,050 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $155,128 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $17,126,844 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $155,128 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $393,768 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $393,221 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,217,957 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,217,410 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $46,017 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $46,017 | LegalFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $202,600 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $202,600 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $8,905 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $276 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $444 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $444 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $134,915 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $127,883 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $7,027 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $392,881 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $330,759 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,488 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,926,103 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,926,103 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,318,984 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $330,759 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,979,591 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,101,027 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $886,651 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $905,256 | CashBOYAmt |
| Cash EOY | $1,432,109 | CashEOYAmt |
| Cash EOYFMV | $1,432,109 | CashEOYFMVAmt |
| Acct Rcvbl BOY | $41,959 | AcctRcvblBOYAmt |
| Other Nts And Loans Rcvbl | $10,716,319 | OtherNtsAndLoansRcvblAmt |
| Other Nts And Loans Rcvbl BOY | $10,836,425 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $10,716,319 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $10,716,319 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Inventories BOY | $23,653 | InventoriesBOYAmt |
| Inventories EOY | $17,008 | InventoriesEOYAmt |
| Inventories EOYFMV | $17,008 | InventoriesEOYFMVAmt |
| Corporate Stock BOY | $3,605,136 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,590,050 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $4,780,666 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $19,246,465 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $19,258,843 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $19,250,607 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $7,544,075 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,020,434 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,979,742 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $8,629 | OtherAssetsBOYAmt |
| Other Assets EOY | $75,255 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $75,255 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $42,211,598 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,110,018 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $43,251,706 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Other Liabilities BOY | $9,963,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $9,962,447 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $9,963,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,962,447 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $32,248,598 | RetainedEarningBOYAmt |
| Retained Earning EOY | $31,147,571 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $32,248,598 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,147,571 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $42,211,598 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $41,110,018 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $32,248,598 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,101,027 | ExcessRevenueOverExpensesAmt |
| Subtotal | $31,147,571 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $31,147,571 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | 2012-01-01 | 2013-12-31 | $5,517,087 | $5,625,870 | -$108,783 | -$108,783 |
| PUBLICLY TRADED SECURITIES | P | 2012-01-01 | 2013-12-31 | $11,200,253 | $11,321,874 | -$121,621 | -$121,621 |
| K-1 PASS THRU SIGULER GUFF | P | 2013-01-01 | 2013-12-31 | $5,142 | $5,142 | $5,142 | |
| K-1 PASS THRU SIGULER GUFF | P | 2012-01-01 | 2013-12-31 | $205,717 | $205,717 | $205,717 | |
| K-1 PASS THRU BLUESTEIN OPPORTUNITIES | P | 2013-01-01 | 2013-12-31 | $39,110 | $39,110 | $39,110 | |
| K-1 PASS THRU BLUE STEIN OPPORTUNITIES | P | 2012-01-01 | 2013-12-31 | $151,905 | $151,905 | $151,905 | |
| K-1 PASS THRU BLUESTEIN ATLANTIC | P | 2013-01-01 | 2013-12-31 | $6,783 | -$6,783 | -$6,783 | |
| CAPITAL GAIN DISTRIBUTIONS | P | 2013-01-01 | 2013-12-31 | $441 | $441 | $441 | |
| CAPITAL GAIN DISTRIBUTION | P | 2012-01-01 | 2013-12-31 | $6,043 | $6,043 | $6,043 | |
| MISCELLANEOUS LOSSES | P | 2012-01-01 | 2013-12-31 | $17,189 | -$17,189 | -$17,189 | |
| MISCELLANEOUS GAINS | P | 2012-01-01 | 2013-12-31 | $1,146 | $1,146 | $1,146 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $155,128 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $2,207,075 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $31,952,422 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.069074 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,372,391 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $32,046,070 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.074031 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $11,777,093 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $34,135,078 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.345014 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,602,597 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $34,696,265 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046189 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,291,000 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $39,472,501 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.032706 | DistributionYr5Rt |
| Total Distribution | 0.567014 | TotalDistributionRt |
| Average Distribution | 0.113403 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $32,700,537 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,708,339 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $8,867 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,717,206 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,979,591 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $17,733 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $17,733 | SubtotalAmt |
| Tax Based On Investment Income | $17,733 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $33 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $25,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $25,033 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $396 | EsPenaltyAmt |
| Overpayment | $6,904 | OverpaymentAmt |
| Applied To ES Tax | $6,904 | 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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | RICHARD GIBBS | BusinessNameLine1 |
| 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 | AddressLine1 |
| City | CLINTON TOWNSHIP | City |
| State | MI | State |
| ZIP Code | 48036 | ZIPCode |
| 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/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | 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 | 20.0 | $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 | $30,070,537 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,052,723 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $75,255 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $33,198,515 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $33,198,515 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $497,978 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $32,700,537 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,635,027 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,635,027 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $17,733 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $17,733 | TotalTaxAmt |
| Distributable Before Adj | $1,617,294 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $120,105 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,737,399 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,737,399 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,979,591 | 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 | $1,979,591 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,979,591 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,737,399 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2011 | PriorYear1Yr |
| Prior Year2 | 2010 | PriorYear2Yr |
| Prior Year3 | 2009 | PriorYear3Yr |
| Excess Distribution Cyov Yr3 | $10,090,781 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $730,604 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $526,461 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $11,347,846 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,979,591 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,737,399 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $242,192 | RemainingDistriFromCorpusAmt |
| Total Corpus | $11,590,038 | TotalCorpusAmt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $11,590,038 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $10,090,781 | ExcessFromYear3Amt |
| Excess From Year2 | $730,604 | ExcessFromYear2Amt |
| Excess From Year1 | $526,461 | ExcessFromYear1Amt |
| Excess From Current Year | $242,192 | 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 (22 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| WIGS 4 KIDS | ||||||||
| 30126 HARPER | ST CLAIR SHORES | MI | 48082 | NONE | PC | GENERAL | $35,000 | |
| BEYOND BASICS | ||||||||
| PO BOX 7 | BLOOMFIELD HILLS | MI | 48304 | NONE | PC | GENERAL | $150,000 | |
| GLEANERS COMMUNITY FOOD BANK | ||||||||
| 21462 MOUND ROAD | WARREN | MI | 48091 | NONE | PC | GENERAL | $50,000 | |
| SALVATION ARMY | ||||||||
| 16130 NORTHLAND DRIVE | SOUTHFIELD | MI | 48076 | NONE | SO I | GERNERAL | $105,000 | |
| IMMACULATE CONCEPTION HIGH SCHOOL | ||||||||
| 7043 CHURCH ROAD | FAIR HAVEN | MI | 48023 | NONE | PC | STUDENT SCHOLARSHIPS | $25,000 | |
| BENZIE AREA CHRISTIAN NEIGHBORS | ||||||||
| 2804 BENZIE HIGHWAY | BENZONIA | MI | 49616 | NONE | PC | GENERAL | $20,000 | PO BOX 93 |
| FIRST WORD SOCIETYWILLIAM BEAUMONT HOSPITAL | ||||||||
| 3501 W THIRTEEN MILE ROAD | ROYAL OAK | MI | 48073 | NONE | PC | GENERAL | $25,000 | |
| SPECIAL OLYMPICS MICHIGAN | ||||||||
| CENTRAL MICHIGAN UNIVERSITY | MT PLEASANT | MI | 48859 | NONE | PC | TRAILER | $12,500 | |
| MT CLEMENS FOUNDATION | ||||||||
| 49 MACOMB PLACE SUITE 28 | MT CLEMENS | MI | 48043 | NONE | PC | GENERAL | $20,000 | |
| BENZIE COUNTY COAT DRIVE | ||||||||
| c/o Platte River Elementary | Honor | MI | 49640 | NONE | PC | GENERAL | $21,333 | 11434 Main Street |
| AMERICAN CANCER SOCIETY | ||||||||
| 20450 Civic Center Drive | Southfield | MI | 48076 | NONE | PC | GENERAL | $7,500 | |
| MISC GIFTS UNDER 1000 | ||||||||
| VARIOUS | VARIOUS | MI | 48036 | NONE | PC | GENERAL | $8,001 | |
| 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 | $7,500 | |
| CITY OF NEW BALTIMORE | ||||||||
| BRANDENBURG PARK | NEW BALTIMIORE | MI | 48047 | NONE | PC | SPLASH PARK | $111,504 | |
| MUNSON HEALTHCARE | ||||||||
| 210 BEAUMONT PLACE | TRAVERSE CITY | MI | 49684 | NONE | PC | GENERAL | $1,000,000 | |
| BETSIE VALLEY LIBRARY | ||||||||
| 14731 THOMPSON AVENUE | THOMPSONVILLE | MI | 49683 | NONE | PC | LIBRARY CONSTRUCTION | $229,349 | |
| TURNING POINT | ||||||||
| PO BOX 1123 | MT CLEMENS | MI | 48046 | NONE | PC | GENERAL | $46,416 | |
| HARSEN'S ISLAND ST CLAIR FLATS HISTORICAL SOCIETY | ||||||||
| PO BOX 44 | HARSENS ISLAND | MI | 48028 | NONE | PC | GENERAL | $10,000 | |
| INTREPID FALLEN HEROES FUND | ||||||||
| ONE INTREPID SQUARE | NEW YORK CITY | NY | 10036 | NONE | PC | GENERAL | $5,000 | WEST 46TH STREET AND 12TH AVENUE |
| ST MARY'S QUEEN OF CREATION | ||||||||
| 50931 MARIA STREET | NEW BALTIMORE | MI | 48047 | NONE | PC | GENERAL | $10,000 | |
| DEWAYNE R HAYES FOUNDATION | ||||||||
| 1300 EAST LAFAYETTE UNIT 2810 | DETROIT | MI | 48207 | NONE | PC | GENERAL | $2,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,926,103 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $11 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $669,050 | 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 | -$164 | 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 | $155,128 | 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 | $61,882 | ||
| INTEREST FROM NOTES RECEIVABLE | 14 | $331,503 | ||
| K-1 PARTNERSHIP INCOME | 900099 | $547 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $547 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,217,410 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,217,957 | 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 (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MELLON BANK - FIXED INCOME | $15,860,176 | $15,841,329 |
| INVESTMENT IN WINDWARD | $870,900 | $886,403 |
| WINDWARD DIV. | $514,595 | $522,107 |
| BLUESTEIN | ||
| CASH-MELLON BANK | $2,013,172 | $2,000,768 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN WINWARD | $1,503,186 | $1,960,116 |
| INVESTMENT IN PIMCO | $35,769 | $48,883 |
| BLUESTEIN | $1,837,330 | $2,499,050 |
| WINDWARD DIV. | $213,765 | $272,617 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INVESTMENT IN BENCHMARK | $3,878,269 | $4,361,098 |
| INVESTMENT IN WINDWARD | $412,814 | $391,036 |
| INVESTMENT IN SIGULAR GUFF | $1,662,628 | $2,093,178 |
| INVESTMENT IN GOTTEX | $42 | $70,295 |
| WINDWARD DIV. | $66,681 | $64,135 |
| BLUESTEIN |
Land Etc Schedule2 LandEtcSchedule2
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL/OTHER PROFESSIONAL FEES | CategoryTxt |
| Legal Fees | $46,017 | LegalFeesAmt |
| Disbursements Charitable Prps | $46,017 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| TAXES (REFUNDABLE) | $8,629 | ||
| DISTRIBUTION RECEIVABLE | $75,255 | $75,255 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| GASOLINE/MILEAGE | $3,540 | $3,540 | |
| OFFICE EXPENSE | $3,487 | $3,487 | |
| OTHER TRADE/BUSINESS EXPENSE | $576 | $576 | |
| OTHER PORTFOLIO DEDUCTIONS | $16,751 | $16,751 | |
| CUSTODIAN FEES | $110,556 | $110,556 | |
| NON DEDUCTIBLE EXPENSES | $5 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| LOSS FROM 1256 CONTRACTS | -$992 | -$992 |
| INCOME FROM 988 CONTRACTS | $1,091 | $1,091 |
| INCOME FROM K-1 PARTNERSHIPS | $31,276 | $30,729 |
| OTHER PORTFOLIO INCOME | $2,461 | $2,461 |
| RENTAL INCOME (NET) | -$164 | -$164 |
| ROYALTY INCOME | $975 | $975 |
| INTEREST FROM K-1S | $27,618 | $27,618 |
| INTEREST FROM NOTES RECEIVABLE | $331,503 | $331,503 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | LOAN PAYABLE | Desc |
| BOY Book Value | $9,963,000 | BOYBookValueAmt |
| EOY Book Value | $9,962,447 | EOYBookValueAmt |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp (3 entries)
| Balance DueBalanceDueAmt |
|---|
| UNIVERSITY YES ACADEMY |
| $5,517,994 |
| BEAUMONT |
| $5,000,000 |
| NEW PARADIGM |
| $198,325 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $276 | $276 |
| FEDERAL TAXES | $8,629 |
Comments