THE WAYNE AND JOAN WEBBER FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- THE WAYNE AND JOAN WEBBER FOUNDATION (EIN 38-3390733)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-11-15
- IRS object ID
- 201303199349101680
- Schema version
- 2012v2.1
- 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 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) |
|---|---|---|
| Timestamp | 2013-11-15T13:36:49-06:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BDO USA LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| 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 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383390733 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Wayne and Joan Webber Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % RICHARD GIBBS | InCareOfName |
| Name Control | WAYN | NameControl |
| Phone | 5864653800 | Phone |
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 |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | WAYNE W WEBBER | Name |
| Title | TREASURER/DIRECTOR | Title |
| Phone | 5864653800 | Phone |
| Date Signed | 2013-11-15 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Rebekuh Eley | Name |
| Phone | 3128569100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 43642024 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Received Rev And Expnss | 0 | ContriReceivedRevAndExpnss |
| Interest On Savings Rev And Expnss | 226 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 226 | InterestOnSavingsNetInvstIncm |
| Dividends Rev And Expnss | 878067 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 878067 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | -76953 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 8390427 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 374196 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 444656 | OtherIncomeNetInvstIncm |
| Total Revenue And Expenses | 1175536 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1322949 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Legal Fees Rev And Expnss | 57081 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Adj Net Incm | 0 | LegalFeesAdjNetIncm |
| Legal Fees Dsbrs Chrtbl Prps | 57081 | LegalFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 165500 | InterestRevAndExpnss |
| Interest Net Invst Incm | 165500 | InterestNetInvstIncm |
| Taxes Rev And Expnss | 11224 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 224 | TaxesNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 678 | TravConfMeetingRevAndExpnss |
| Trav Conf Meeting Dsbrs Chrtbl Prps | 678 | TravConfMeetingDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 154134 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 146279 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 7677 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 388617 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 312003 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 65436 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 2141639 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 2141639 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2530256 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 312003 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 2207075 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -1354720 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1010946 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 1340457 | CashBOY |
| Cash EOY | 905256 | CashEOY |
| Cash EOYFMV | 905256 | CashEOYFMV |
| Accounts Receivable | 41959 | AccountsReceivable |
| Accounts Receivable BOY | 0 | AccountsReceivableBOY |
| Accounts Receivable EOY | 41959 | AccountsReceivableEOY |
| Accounts Receivable EOYFMV | 41959 | AccountsReceivableEOYFMV |
| Other Notes And Loans Receivable | 10836425 | OtherNotesAndLoansReceivable |
| Other Notes And Loans Rcvbl BOY | 10939637 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 10836425 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 10836425 | OtherNotesAndLoansRcvblEOYFMV |
| Inventories For Sale Or Use BOY | 11899 | InventoriesForSaleOrUseBOY |
| Inventories For Sale Or Use EOY | 23653 | InventoriesForSaleOrUseEOY |
| Inventories For Sale Or Use EOYFMV | 23653 | InventoriesForSaleOrUseEOYFMV |
| Investments Corp Stock BOY | 2162909 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 3605136 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 4018900 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 19421781 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 19246465 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 19687632 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 8105048 | InvestmentsOtherBOY |
| Investments Other EOY | 7544075 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 8119570 | InvestmentsOtherEOYFMV |
| Other Assets BOY | 19629 | OtherAssetsBOY |
| Other Assets EOY | 8629 | OtherAssetsEOY |
| Other Assets EOYFMV | 8629 | OtherAssetsEOYFMV |
| Total Assets BOY | 42001360 | TotalAssetsBOY |
| Total Assets EOY | 42211598 | TotalAssetsEOY |
| Total Assets EOYFMV | 43642024 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 35042 | AccountsPayableBOY |
| Accounts Payable EOY | 0 | AccountsPayableEOY |
| Other Liabilities BOY | 8363000 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 9963000 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 8398042 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 9963000 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 33603318 | RetainedEarningsBOY |
| Retained Earnings EOY | 32248598 | RetainedEarningsEOY |
| Total Net Assets BOY | 33603318 | TotalNetAssetsBOY |
| Total Net Assets EOY | 32248598 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 42001360 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 42211598 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 33603318 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -1354720 | ExcessOfRevenueOverExpenses |
| Subtotal | 32248598 | Subtotal |
| Total Net Assets Fund Balances EOY | 32248598 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (8 entries)
| Description Of AssetDescriptionOfAsset | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses | Date AcquiredDateAcquired | Date SoldDateSold |
|---|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | 2608867 | 2674847 | -65980 | -65980 | ||
| PUBLICLY TRADED SECURITIES | 5715755 | 5785557 | -69802 | -69802 | ||
| K-1 PASS THRU SIGULAR GUFF | 8637 | 8637 | 8637 | 2012-01-01 | 2012-12-31 | |
| K-1 PASS THRU SIGULAR GUFF | 57063 | 57063 | 57063 | 2011-01-01 | 2012-12-31 | |
| K-1 PASS THRU BLUE STEIN OPPORTUNITIES | 3822 | -3822 | -3822 | 2012-01-01 | 2012-12-31 | |
| K-1 PASS THRU BLUE STEIN OPPORTUNITIES | 2742 | -2742 | -2742 | 2011-01-01 | 2012-12-31 | |
| K-1 PASS THRU BLUE STEIN ATLANTIC | 105 | 105 | 105 | 2012-01-01 | 2012-12-31 | |
| K-1 PASS THRU BLUE STEIN ATLANTIC | 412 | -412 | -412 | 2011-01-01 | 2012-12-31 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -76953 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1739816 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 32046070 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.054291 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 11701805 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 34135078 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.342809 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1028515 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 34983306 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.0294 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1291000 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 39472501 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.032706 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 1768163 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 42834925 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.041279 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.500485 | TotalDistributionRatio |
| Average Distribution Ratio | 0.100097 | AverageDistributionRatio |
| Net Noncharitable Assets | 31952422 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 3198342 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 10109 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 3208451 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 2207075 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | 20219 | InvestmentIncomeExciseTax |
| Subtotal | 20219 | Subtotal |
| Tax Based On Investment Income | 20219 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 20252 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 20252 | TotalCreditsAndPayments |
| Overpayment | 33 | Overpayment |
| Amount Credited To Next Year | 33 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | false | LegislativePoliticalActivities |
| More Than100 Spent | false | MoreThan100Spent |
| Form1120 POL Filed | false | Form1120POLFiled |
| Activities Not Prev Reported | false | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | true | UnrelatedBusIncomeOver1000 |
| Form990 T Filed | true | Form990TFiled |
| Termination Etc | false | TerminationEtc |
| Requirements Of Sect508e | true | RequirementsOfSect508e |
| At Least5000 In Assets | true | AtLeast5000InAssets |
| States Filed With | MI | StatesFiledWith |
| Form990 PF Filed With AG | true | Form990PFFiledWithAG |
| Private Operating Foundation | false | PrivateOperatingFoundation |
| New Substantial Contributors | false | NewSubstantialContributors |
| Interest In Controlled Entity | false | InterestInControlledEntity |
| Applicable Insurance Contract | false | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | true | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
Books In Care Of Business Name BooksInCareOfBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD GIBBS | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Books In Care Of Phone Number | 5864653800 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| 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 Bank | false | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | false | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | false | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | true | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| Acts Fail To Qualify As Exceptions | false | ActsFailToQualifyAsExceptions |
| Uncorrected Prior Acts | false | UncorrectedPriorActs |
| Undistributed Income Prior Years | false | UndistributedIncomePriorYears |
| Business Holdings | false | BusinessHoldings |
| Jeopardy Investments | false | JeopardyInvestments |
| Uncorrected Jeopardy Investments | false | UncorrectedJeopardyInvestments |
| Influence Legislation | false | InfluenceLegislation |
| Influence Election | false | InfluenceElection |
| Grants To Individuals | false | GrantsToIndividuals |
| Grants To Organizations | false | GrantsToOrganizations |
| Noncharitable Purpose | false | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | false | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | false | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | false | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (4 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| 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 | 2.0 | 0 | 0 | 0 |
Compensation Of Hghst Paid Cntrct CompensationOfHghstPaidCntrct
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BODMAN LLP | BusinessNameLine1 |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1901 ST ANTOINE ST | AddressLine1 |
| City | DETROIT | City |
| State | MI | State |
| ZIP Code | 48226 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Type Of Service | LEGAL | TypeOfService |
| Compensation | 51063 | Compensation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Charitable Acty | SummaryOfDirectCharitableActy |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1 |
| Amount1 | 0 | Amount1 |
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 31631475 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 756945 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 50587 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 32439007 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 32439007 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 486585 | CashDeemedCharitable |
| Net Noncharitable Assets | 31952422 | NetNoncharitableAssets |
| Minimum Investment Return | 1597621 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1597621 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 20219 | TaxBasedOnInvestmentIncome |
| Total Tax | 20219 | TotalTax |
| Distributable Amount Before Adj | 1577402 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 103212 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 1680614 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 1680614 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 2207075 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Amounts Paid Acq Charitable Assets | 0 | AmountsPaidAcqCharitableAssets |
| Amounts Set Aside Suitability Test | 0 | AmountsSetAsideSuitabilityTest |
| Amounts Set Aside Cash Distri Test | 0 | AmountsSetAsideCashDistriTest |
| Qualifying Distributions | 2207075 | QualifyingDistributions |
| Adj Qualifying Distributions | 2207075 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1680614 | DistributableAmountAsAdjusted |
| Prior Year1 | 2010 | PriorYear1 |
| Prior Year2 | 2009 | PriorYear2 |
| Prior Year3 | 2008 | PriorYear3 |
| Excess Distri Carryover Year2 | 10013793 | ExcessDistriCarryoverYear2 |
| Excess Distri Carryover Year1 | 118783 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 10132576 | TotalExcessDistriCarryover |
| Qualifying Distributions | 2207075 | QualifyingDistributions |
| Applied To Current Year | 1680614 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 526461 | RemainingDistriFromCorpus |
| Total Corpus | 10659037 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov To Next Year | 10659037 | ExcessDistriCyovToNextYear |
| Excess From Year2 | 10013793 | ExcessFromYear2 |
| Excess From Year1 | 118783 | ExcessFromYear1 |
| Excess From Current Year | 526461 | ExcessFromCurrentYear |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundations |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | WAYNE AND JOAN WEBBER | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (23 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient RelationshipRecipientRelationship | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|---|---|
| DETROIT INSTITUTE OF ARTS | ||||||||
| 5200 WOODWARD AVENUE | DETROIT | MI | 48202 | NONE | 170(b)(1)(A)(vi) | FUNDS FOR EDUCATION WING | $500,000 | |
| WIGS 4 KIDS | ||||||||
| 30126 HARPER | ST CLAIR SHORES | MI | 48082 | NONE | 509(a)(2) | GENERAL | $45,000 | |
| BEYOND BASICS | ||||||||
| PO BOX 7 | BLOOMFIELD HILLS | MI | 48304 | NONE | 509(a)(2) | GENERAL | $150,000 | |
| GLEANERS COMMUNITY FOOD BANK | ||||||||
| 21462 MOUND ROAD | WARREN | MI | 48091 | NONE | 170(b)(1)(A)(vi) | GENERAL | $50,000 | |
| SALVATION ARMY | ||||||||
| 16130 NORTHLAND DRIVE | SOUTHFIELD | MI | 48076 | NONE | 509(a)(3) | GERNERAL | $80,000 | |
| IMMACULATE CONCEPTION HIGH SCHOOL | ||||||||
| 7043 CHURCH ROAD | FAIR HAVEN | MI | 48023 | NONE | RELIGIOUS ENTITY | STUDENT SCHOLARSHIPS | $25,000 | |
| LOYOLA HIGH SCHOOL | ||||||||
| 15325 PINEHURST | DETROIT | MI | 48238 | NONE | GOVERNMENT ENTITY | FUNDS FOR TEACHER SALARIES AND BENEFITS | $25,000 | |
| BENZIE AREA CHRISTIAN NEIGHBORS | ||||||||
| 2804 BENZIE HIGHWAY | BENZONIA | MI | 49616 | NONE | 170(b)(1)(A)(vi) | GENERAL | $20,000 | PO BOX 93 |
| HOLLEY EAR INSTITUTE | ||||||||
| 22151 MOROSS SUITE 223 | DETROIT | MI | 48236 | NONE | 170(b)(1)(A)(iii) | GENERAL | $50,000 | |
| FIRST WORD SOCIETYWILLIAM BEAUMONT HOSPITAL | ||||||||
| 3501 W THIRTEEN MILE ROAD | ROYAL OAK | MI | 48073 | NONE | 170(b)(1)(A)(iii) | GENERAL | $25,000 | |
| MICHIGAN CANCER SOCIETY | ||||||||
| 1755 ABBEY ROAD | EAST LANSING | MI | 48823 | NONE | 170(b)(1)(A)(vi) | FUNDS FOR RESEARCH | $10,000 | |
| SPECIAL OLYMPICS MICHIGAN | ||||||||
| CENTRAL MICHIGAN UNIVERSITY | MT PLEASANT | MI | 48859 | NONE | 170(b)(1)(A)(vi) | TRAILER | $5,500 | |
| MT CLEMENS FOUNDATION | ||||||||
| 49 MACOMB PLACE SUITE 28 | MT CLEMENS | MI | 48043 | NONE | 170(b)(1)(A)(vi) | GENERAL | $25,000 | |
| BENZIE COUNTY COAT DRIVE | ||||||||
| c/o Platte River Elementary | Honor | MI | 49640 | NONE | GOVERNMENT ENTITY | GENERAL | $22,302 | 11434 Main Street |
| AMERICAN CANCER SOCIETY | ||||||||
| 20450 Civic Center Drive | Southfield | MI | 48076 | NONE | 170(b)(1)(A)(vi) | GENERAL | $6,000 | |
| MISC GIFTS UNDER 1000 | ||||||||
| VARIOUS | VARIOUS | MI | 48036 | NONE | MISCELLANEOUS | GENERAL | $2,332 | |
| PAUL OLIVER HOSPITAL FOUNDATION | ||||||||
| 210 BEAUMONT PLACE | TRAVERSE CITY | MI | 49684 | NONE | 170(b)(1)(A)(vi) | FUNDS FOR CT SCANNER | $500,000 | |
| FORGOTTEN HARVEST | ||||||||
| 21800 GREENFIELD ROAD | OAK PARK | MI | 48237 | NONE | 509(a)(2) | FUNDS FOR TWO TRAILERS | $156,800 | |
| YMCA SCHOOL OF DETROIT | ||||||||
| 1401 BROADWAY SUITE 3A | DETROIT | MI | 48226 | NONE | 170(b)(1)(A)(vi) | GENERAL | $150,000 | |
| CAPUCHINS SOUP KITCHEN | ||||||||
| 1820 MT ELLIOTT | DETROIT | MI | 48207 | NONE | RELIGIOUS ENTITY | GENERAL | $50,000 | |
| RACQUET UP DETROIT | ||||||||
| PO BOX 11404 | DETROIT | MI | 48211 | NONE | 170(b)(1)(A)(vi) | GENERAL | $10,000 | |
| MACOMB CHARITABLE FOUNDATION | ||||||||
| 18215 24 MILE ROAD | MACOMB | MI | 48042 | NONE | 509(a)(2) | GENERAL | $7,500 | |
| CITY OF NEW BALTIMORE | ||||||||
| BRANDENBURG PARK | NEW BALTIMIORE | MI | 48047 | NONE | GOVERNMENT ENTITY | SPLASH PARK | $226,205 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 2141639 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Agencies | FeesContractsFromGovtAgencies | |
| Membership Dues And Assessments | MembershipDuesAndAssessments |
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $226 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $878,067 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Incm Re Debt Fincd Prop | NetRentalIncmReDebtFincdProp |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | -$18 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rental Incm Personal Property | NetRentalIncmPersonalProperty | |
| Other Investment Income Part VII | OtherInvestmentIncomePartVII |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$76,953 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Events | NetIncomeLossFromSpecialEvents | |
| Gross Profit Loss Sales Of Invntry | GrossProfitLossSalesOfInvntry |
Other Revenue Described OtherRevenueDescribed (2 entries)
| DescriptionDescription | Exclusion CodeExclusionCode | ExclusionExclusionAmount |
|---|---|---|
| K-1 PARTNERSHIP INCOME | 18 | $41,236 |
| INTEREST FROM NOTES RECEIVABLE | 14 | $332,978 |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,175,536 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1175536 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | false | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | false | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | false | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | false | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | false | ReimbursementArrangements |
| Loans Or Loan Guarantees | false | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corp Bonds InvestmentsCorpBonds (4 entries)
| Name Of BondNameOfBond | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| MELLON BANK - FIXED INCOME | 10281198 | 10711839 |
| INVESTMENT IN WINDWARD | 931492 | 994691 |
| WINDWARD DIV. | 518100 | 541639 |
| BLUESTEIN | 7515675 | 7439463 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (4 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| INVESTMENT IN WINWARD | 1546828 | 1736222 |
| INVESTMENT IN PIMCO | 33131 | 49330 |
| BLUESTEIN | 1801909 | 1979367 |
| WINDWARD DIV. | 223268 | 253981 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (6 entries)
| Category Or ItemCategoryOrItem | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|
| INVESTMENT IN BENCHMARK | 3878269 | 4059160 |
| INVESTMENT IN WINDWARD | 152277 | 218292 |
| INVESTMENT IN SIGULAR GUFF | 2125544 | 2532957 |
| INVESTMENT IN GOTTEX | 356832 | 212275 |
| WINDWARD DIV. | 37270 | 39616 |
| BLUESTEIN | 993883 | 1057270 |
Land Etc Schedule2 LandEtcSchedule2
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL/OTHER PROFESSIONAL FEES | Category |
| Amount | $57,081 | Amount |
| Disbursements Charitable Prps | 57081 | DisbursementsCharitablePrps |
Other Assets Schedule OtherAssetsSchedule
Other Assets OtherAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | TAXES (REFUNDABLE) | Description |
| BOY Book Value | 19629 | BOYBookValue |
| EOY Book Value | 8629 | EOYBookValue |
| EOYFMV | 8629 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (7 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Disbursements Charitable PrpsDisbursementsCharitablePrps | Net Investment IncomeNetInvestmentIncome |
|---|---|---|---|
| GASOLINE/MILEAGE | 6358 | 6358 | |
| OFFICE EXPENSE | 910 | 910 | |
| OTHER TRADE/BUSINESS EXPENSE | 219 | 219 | |
| OTHER PORTFOLIO DEDUCTIONS | 47520 | 47520 | |
| CUSTODIAN FEES | 98540 | 98540 | |
| MISC. SUPPLIES | 409 | 409 | |
| NON DEDUCTIBLE EXPENSES | 178 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (8 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| INCOME FROM 1256 CONTRACTS | -866 | -866 |
| INCOME FROM 988 CONTRACTS | -1846 | -1846 |
| INCOME FROM K-1 PARTNERSHIPS | 41107 | 111567 |
| OTHER PORTFOLIO INCOME | 1731 | 1731 |
| RENTAL INCOME (NET) | -18 | -18 |
| ROYALTY INCOME | 1107 | 1107 |
| SWAP INCOME | 3 | 3 |
| INTEREST FROM NOTES RECEIVABLE | 332978 | 332978 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | LOAN PAYABLE | Description |
| BOY Book Value | 8363000 | BOYBookValue |
| EOY Book Value | 9963000 | EOYBookValue |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort (3 entries)
| Balance DueBalanceDue |
|---|
| NEW URBAN LEARNING |
| 5637403 |
| BEAUMONT |
| 5000000 |
| NEW PARADIGM |
| 199022 |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| FOREIGN TAXES | $224 | 224 |
| FEDERAL TAXES | $11,000 |
Comments