THE WAYNE AND JOAN WEBBER FOUNDATION: Form 990PF, tax year 2011
View the entire original 990 at ProPublica ↗
- Organization
- THE WAYNE AND JOAN WEBBER FOUNDATION (EIN 38-3390733)
- Tax period
- 2011-01-01 to 2011-12-31
- Filed
- 2012-11-14
- IRS object ID
- 201223199349101092
- Schema version
- 2011v1.3
- 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 Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Notes Loans Rcvbl Short Sch2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2012-11-14T16:00:57-06:00 | Timestamp |
| Tax Period End Date | 2011-12-31 | 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 | 755 WEST BIG BEAVER SUITE 1900 | AddressLine1 |
| City | TROY | City |
| State | MI | State |
| ZIP Code | 480840178 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2011-01-01 | 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 |
| 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 |
| Date Signed | 2012-11-14 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Michael L Collins | Name |
| Phone | 2483622100 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2011 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 42743206 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
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 | 1042830 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 1042830 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 1042830 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 210203 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 210203 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 210203 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -65200 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 21492795 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 0 | CapitalGainNetIncmNetInvstIncm |
| Other Income Rev And Expnss | 83328 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 83328 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 83328 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 1271161 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1336361 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 1336361 | TotalAdjustedNetIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Legal Fees Rev And Expnss | 686670 | LegalFeesRevAndExpnss |
| Legal Fees Net Invst Incm | 0 | LegalFeesNetInvstIncm |
| Legal Fees Adj Net Incm | 0 | LegalFeesAdjNetIncm |
| Legal Fees Dsbrs Chrtbl Prps | 0 | LegalFeesDsbrsChrtblPrps |
| Interest Rev And Expnss | 170403 | InterestRevAndExpnss |
| Interest Net Invst Incm | 170403 | InterestNetInvstIncm |
| Taxes Rev And Expnss | 299 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 299 | TaxesNetInvstIncm |
| Trav Conf Meeting Rev And Expnss | 517 | TravConfMeetingRevAndExpnss |
| Other Expenses Rev And Expnss | 131916 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 127960 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 989805 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 298662 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Adj Net Incm | 0 | TotOprExpensesAdjNetIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1476384 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1476384 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 2466189 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 298662 | TotalExpensesNetInvstIncm |
| Total Expenses Adj Net Incm | 0 | TotalExpensesAdjNetIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1476384 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -1195028 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 1037699 | NetInvestmentIncome |
| Adjusted Net Income | 1336361 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 787841 | CashBOY |
| Cash EOY | 1340457 | CashEOY |
| Cash EOYFMV | 1340457 | CashEOYFMV |
| Other Notes And Loans Receivable | 10959266 | OtherNotesAndLoansReceivable |
| Other Notes And Loans Rcvbl BOY | 10715688 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 10959266 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 10959266 | OtherNotesAndLoansRcvblEOYFMV |
| Inventories For Sale Or Use BOY | 15263 | InventoriesForSaleOrUseBOY |
| Inventories For Sale Or Use EOY | 11899 | InventoriesForSaleOrUseEOY |
| Inventories For Sale Or Use EOYFMV | 11899 | InventoriesForSaleOrUseEOYFMV |
| Investments Corp Stock BOY | 25595823 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 2162909 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 2218365 | InvestmentsCorpStockEOYFMV |
| Investments Corp Bonds BOY | 0 | InvestmentsCorpBondsBOY |
| Investments Corp Bonds EOY | 19421781 | InvestmentsCorpBondsEOY |
| Investments Corp Bonds EOYFMV | 19935680 | InvestmentsCorpBondsEOYFMV |
| Investments Other BOY | 5968928 | InvestmentsOtherBOY |
| Investments Other EOY | 8105048 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 8277539 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 43083543 | TotalAssetsBOY |
| Total Assets EOY | 42001360 | TotalAssetsEOY |
| Total Assets EOYFMV | 42743206 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 14403 | AccountsPayableBOY |
| Accounts Payable EOY | 35042 | AccountsPayableEOY |
| Other Liabilities BOY | 8363000 | OtherLiabilitiesBOY |
| Other Liabilities EOY | 8363000 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 8377403 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8398042 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 34706140 | RetainedEarningsBOY |
| Retained Earnings EOY | 33603318 | RetainedEarningsEOY |
| Total Net Assets BOY | 34706140 | TotalNetAssetsBOY |
| Total Net Assets EOY | 33603318 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 43083543 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 42001360 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 34706140 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -1195028 | ExcessOfRevenueOverExpenses |
| Other Increases | 92206 | OtherIncreases |
| Subtotal | 33603318 | Subtotal |
| Total Net Assets Fund Balances EOY | 33603318 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (8 entries)
| Description Of AssetDescriptionOfAsset | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|
| SHORT-TERM SALES | 2011-01-01 | 2011-12-31 | 11692081 | 11819445 | -127364 | -127364 |
| LONG-TERM SALES | 2010-01-01 | 2011-12-31 | 9712571 | 9676969 | 35602 | 35602 |
| K-1 PASS THRU SIGULAR GUFF | 2011-01-01 | 2011-12-31 | 13545 | 13545 | 13545 | |
| K-1 PASS THRU SIGULAR GUFF | 2010-01-01 | 2011-12-31 | 51600 | 51600 | 51600 | |
| K-1 PASS THRU BLUESTEIN OPP | 2011-01-01 | 2011-12-31 | 5915 | 5915 | 5915 | |
| K-1 PASS THRU BLUESTEIN OPP | 2010-01-01 | 2011-12-31 | 17083 | 17083 | 17083 | |
| K-1 PASS THRU BLUESTEIN ATLANT | 2011-01-01 | 2011-12-31 | 61535 | -61535 | -61535 | |
| K-1 PASS THRU BLUESTEIN ATLANT | 2010-01-01 | 2011-12-31 | 46 | -46 | -46 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -65200 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1560199 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 31457735 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.049597 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 1028515 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 34983306 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.0294 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1291000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 39472501 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.032706 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1768163 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 42834925 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.041279 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 1009220 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 40102593 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.025166 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.178148 | TotalDistributionRatio |
| Average Distribution Ratio | 0.03563 | AverageDistributionRatio |
| Net Noncharitable Assets | 34584057 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1232230 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 10377 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 1242607 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1476384 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 10377 | InvestmentIncomeExciseTax |
| Subtotal | 10377 | Subtotal |
| Tax Based On Investment Income | 10377 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 30629 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 30629 | TotalCreditsAndPayments |
| Overpayment | 20252 | Overpayment |
| Amount Credited To Next Year | 20252 | 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 | false | UnrelatedBusIncomeOver1000 |
| 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 | false | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | false | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | false | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | false | PaymentToGovernmentOffical |
| 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 | TREASURER/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 Morley Drive | Clinton Township | MI | 48036 | PRESIDENT | 2.0 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | FUNDS DISPURSED FOR EDUCATION AND RESEARCH GRANTS. | Description1 |
| Expenses1 | 668915 | Expenses1 |
| Description2 | FUNDS DISPURSED TO GENERAL FUNDS FOR OTHER CHARITABLE 501(C) ORGANIZATIONS. | Description2 |
| Expenses2 | 662000 | Expenses2 |
| Description3 | FUNDS FOR BUILDING RENOVATIONS FOR CARE HOUSE. | Description3 |
| Expenses3 | 89976 | Expenses3 |
| Description4 | FUNDS DISBURSED FOR ALL OTHER CHARITABLE PURPOSES. | Description4 |
| Expenses4 | 55493 | Expenses4 |
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 | 28293363 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 1064149 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 14116206 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 43473718 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 8363000 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 35110718 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 526661 | CashDeemedCharitable |
| Net Noncharitable Assets | 34584057 | NetNoncharitableAssets |
| Minimum Investment Return | 1729203 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1729203 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 10377 | TaxBasedOnInvestmentIncome |
| Total Tax | 10377 | TotalTax |
| Distributable Amount Before Adj | 1718826 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 1718826 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 1718826 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1476384 | 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 | 1476384 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 10377 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1466007 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1718826 | DistributableAmountAsAdjusted |
| Prior Year1 | 2009 | PriorYear1 |
| Prior Year2 | 2008 | PriorYear2 |
| Prior Year3 | 2007 | PriorYear3 |
| Excess Distri Carryover Year1 | 6054 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 6054 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1476384 | QualifyingDistributions |
| Applied To Current Year | 1476384 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 0 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 6054 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 6054 | ExcessDistriCyovAppliedCY |
| Undistributed Income CY | 236388 | UndistributedIncomeCY |
| 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 (22 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount | Address Line2RecipientUSAddress/AddressLine2 |
|---|---|---|---|---|---|---|
| DETROIT INSTITUTE OF ARTS | ||||||
| 5200 WOODWARD AVENUE | DETROIT | MI | 48202 | FUNDS FOR EDUCATION WING | $500,000 | |
| WIGS 4 KIDS | ||||||
| 30126 HARPER | ST CLAIR SHORES | MI | 48082 | GENERAL | $35,000 | |
| BEYOND BASICS | ||||||
| PO BOX 7 | BLOOMFIELD HILLS | MI | 48304 | GENERAL | $165,000 | |
| GLEANERS COMMUNITY FOOD BANK | ||||||
| 21462 MOUND ROAD | WARREN | MI | 48091 | GENERAL | $50,000 | |
| SALVATION ARMY | ||||||
| 16130 NORTHLAND DRIVE | SOUTHFIELD | MI | 48076 | GERNERAL | $110,000 | |
| CORNERSTONE SCHOOLS | ||||||
| 6861 E NEVADA | DETROIT | MI | 48234 | GENERAL | $50,000 | |
| IMMACULATE CONCEPTION HIGH SCHOOL | ||||||
| 7043 CHURCH ROAD | FAIR HAVEN | MI | 48023 | STUDENT SCHOLARSHIPS | $25,000 | |
| LOYOLA HIGH SCHOOL | ||||||
| 15325 PINEHURST | DETROIT | MI | 48238 | FUNDS FOR TEACHER SALARIES AND BENEFITS | $25,000 | |
| BENZIE AREA CHRISTIAN NEIGHBORS | ||||||
| 2804 BENZIE HIGHWAY | BENZONIA | MI | 49616 | GENERAL | $20,000 | PO BOX 93 |
| ANGEL'S PLACE | ||||||
| 25240 LASHER | SOUTHFIELD | MI | 48034 | GENERAL | $100,000 | |
| HOLLEY EAR INSTITUTE | ||||||
| 22151 MOROSS SUITE 223 | DETROIT | MI | 48236 | GENERAL | $50,000 | |
| INTERNATIONAL FOUNDATION | ||||||
| 115 PARK AVENUE | FALLS CHURCH | VA | 22046 | GENERAL | $32,000 | |
| FIRST WORD SOCIETYWILLIAM BEAUMONT HOSPITAL | ||||||
| 3501 W THIRTEEN MILE ROAD | ROYAL OAK | MI | 48073 | GENERAL | $25,000 | |
| MICHIGAN CANCER SOCIETY | ||||||
| 1755 ABBEY ROAD | EAST LANSING | MI | 48823 | FUNDS FOR RESEARCH | $10,000 | |
| CARE HOUSE | ||||||
| 131 MARKET STREET | MT CLEMENS | MI | 48043 | RENOVATIONS TO BUILDING | $89,976 | |
| NEW URBAN LEARNING | ||||||
| PO BOX 2716 | DETROIT | MI | 48202 | TECHNOLOGY | $108,915 | |
| SPECIAL OLYMPICS MICHIGAN | ||||||
| CENTRAL MICHIGAN UNIVERSITY | MT PLEASANT | MI | 48859 | TRAILER | $17,000 | |
| MT CLEMENS FOUNDATION | ||||||
| 49 MACOMB PLACE SUITE 28 | MT CLEMENS | MI | 48043 | GENERAL | $20,000 | |
| SEEDLING BRAILLE BOOKS FOR CHILDREN | ||||||
| PO BOX 51924 | LIVONIA | MI | 48151 | GENERAL | $5,000 | |
| BENZIE COUNTY COAT DRIVE | ||||||
| c/o Platte River Elementary | Honor | MI | 49640 | GENERAL | $27,821 | 11434 Main Street |
| AMERICAN CANCER SOCIETY | ||||||
| 20450 Civic Center Drive | Southfield | MI | 48076 | GENERAL | $5,000 | |
| MISC GIFTS UNDER 1000 | ||||||
| VARIOUS | VARIOUS | MI | 48036 | GENERAL | $5,672 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1476384 | 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 | $1,042,830 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $210,203 | 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 | 14 | ExclusionCode |
| Exclusion | -$496 | 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 | -$65,200 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | K-1 PARTNERSHIP INCOME | Description |
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $83,824 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,271,161 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1271161 | 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 | true | LoansOrLoanGuarantees |
| Performance Of Services Etc | false | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtc |
Transfer Schedule TransferSchedule (3 entries)
| Line NumberLineNumber | Amount InvolvedAmountInvolved | Description Of Transfers EtcDescriptionOfTransfersEtc |
|---|---|---|
| NEW URBAN LEARNING | ||
| 1b(5) | 5739794 | ACQ. AND RENOVATION OF SCHOOL |
| WM BEAUMONT HOSPITAL | ||
| 1b(5) | 5000000 | FINANCING IMAGING CENTER |
| NEW PARADIGM | ||
| 1b(5) | 199843 | FINANCING REPAIRS AT SCHOOL |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | 9962067 | 10326192 |
| INVESTMENT IN WINDWARD | 1023940 | 1094073 |
| WINDWARD DIV. | 517363 | 540974 |
| BLUESTEIN | 7918411 | 7974441 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock (3 entries)
| Name Of StockNameOfStock | EOY Book ValueEOYBookValue | EOYFMVEOYFMV |
|---|---|---|
| INVESTMENT IN WINWARD | 1261520 | 1257844 |
| INVESTMENT IN PIMCO | 117102 | 156158 |
| BLUESTEIN | 784287 | 804363 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (6 entries)
| Category Or ItemCategoryOrItem | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|
| INVESTMENT IN BENCHMARK | 3878352 | 3981382 |
| INVESTMENT IN WINDWARD | 243057 | 330256 |
| INVESTMENT IN SIGULAR GUFF | 2028043 | 2227773 |
| INVESTMENT IN GOTTEX | 726579 | 481517 |
| WINDWARD DIV. | 229546 | 248347 |
| BLUESTEIN | 999471 | 1008264 |
Land Etc Schedule2 LandEtcSchedule2
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL/OTHER PROFESSIONAL FEES | Category |
| Amount | $686,670 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| GASOLINE/MILEAGE | 3492 | |
| OFFICE EXPENSE | 338 | |
| OTHER TRADE/BUSINESS EXPENSE | 126 | |
| OTHER PORTFOLIO DEDUCTIONS | 52067 | 52067 |
| CUSTODIAN FEES | 75893 | 75893 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (5 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| INCOME FROM 1256 CONTRACTS | -2317 | -2317 | -2317 |
| INCOME FROM 988 CONTRACTS | 1441 | 1441 | 1441 |
| INCOME FROM K-1 PARTNERSHIPS | 84585 | 84585 | 84585 |
| OTHER PORTFOLIO INCOME | 115 | 115 | 115 |
| RENTAL INCOME (NET) | -496 | -496 | -496 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases OtherIncreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | FEDERAL TAX REFUND | Description |
| Amount | $92,206 | Amount |
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 | 8363000 | EOYBookValue |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort (4 entries)
| Balance DueBalanceDue |
|---|
| NEW URBAN LEARNING |
| 5739794 |
| BEAUMONT |
| 5000000 |
| NEW PARADIGM |
| 199843 |
| TAXES (REFUNDABLE) |
| 19629 |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAXES | Category |
| Amount | $299 | Amount |
| Net Investment Income | 299 | NetInvestmentIncome |
Comments