THE WAYNE AND JOAN WEBBER FOUNDATION: Form 990PF, tax year 2010
View the entire original 990 at ProPublica ↗
- Organization
- THE WAYNE AND JOAN WEBBER FOUNDATION (EIN 38-3390733)
- Tax period
- 2010-01-01 to 2010-12-31
- Filed
- 2011-11-15
- IRS object ID
- 201103199349100320
- Schema version
- 2010v3.4
- 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
- Compensation Explanation
- Gain Loss Sale Other Assets Sch
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases 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 | 2011-11-15T09:13:47-06:00 | Timestamp |
| Tax Period End Date | 2010-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CARTER & COMPANY PC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 575 E BIG BEAVER RD STE 270 | AddressLine1 |
| City | TROY | City |
| State | MI | State |
| ZIP Code | 48083 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2010-01-01 | 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) |
|---|---|---|
| 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 WEBBER | Name |
| Title | DIRECTOR | Title |
| Phone | 5864653800 | Phone |
| Date Signed | 2011-11-11 | DateSigned |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | TIMOTHY A CARTER | Name |
| Phone | 2485240060 | Phone |
| Date Prepared | 2011-11-15 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2010 | 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 | 44204228 | FMVAssetsEOY |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Interest On Savings Rev And Expnss | 850141 | InterestOnSavingsRevAndExpnss |
| Interest On Savings Net Invst Incm | 850141 | InterestOnSavingsNetInvstIncm |
| Interest On Savings Adj Net Incm | 850141 | InterestOnSavingsAdjNetIncm |
| Dividends Rev And Expnss | 239143 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 239143 | DividendsNetInvstIncm |
| Dividends Adj Net Incm | 239143 | DividendsAdjNetIncm |
| Net Gain Sale Assets Rev And Expnss | -67802 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 11509007 | GrossSalesPrice |
| Other Income Rev And Expnss | 91203 | OtherIncomeRevAndExpnss |
| Other Income Net Invst Incm | 6173 | OtherIncomeNetInvstIncm |
| Other Income Adj Net Incm | 91203 | OtherIncomeAdjNetIncm |
| Total Revenue And Expenses | 1112685 | TotalRevenueAndExpenses |
| Total Net Investment Income | 1095457 | TotalNetInvestmentIncome |
| Total Adjusted Net Income | 1180487 | TotalAdjustedNetIncome |
| Legal Fees Rev And Expnss | 75960 | LegalFeesRevAndExpnss |
| Interest Rev And Expnss | 38635 | InterestRevAndExpnss |
| Interest Net Invst Incm | 38635 | InterestNetInvstIncm |
| Taxes Rev And Expnss | 111 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 111 | TaxesNetInvstIncm |
| Other Expenses Rev And Expnss | 119773 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 119595 | OtherExpensesNetInvstIncm |
| Tot Opr Expenses Rev And Expnss | 234479 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 158341 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 1569570 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 1569570 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 1804049 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 158341 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 1569570 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -691364 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 937116 | NetInvestmentIncome |
| Adjusted Net Income | 1180487 | AdjustedNetIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Savings And Temp Cash Invst BOY | 844740 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 787841 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 787841 | SavingsAndTempCashInvstEOYFMV |
| Other Notes And Loans Receivable | 10715688 | OtherNotesAndLoansReceivable |
| Other Notes And Loans Rcvbl BOY | 574082 | OtherNotesAndLoansRcvblBOY |
| Other Notes And Loans Rcvbl EOY | 10715688 | OtherNotesAndLoansRcvblEOY |
| Other Notes And Loans Rcvbl EOYFMV | 10715688 | OtherNotesAndLoansRcvblEOYFMV |
| Inventories For Sale Or Use BOY | 2460 | InventoriesForSaleOrUseBOY |
| Inventories For Sale Or Use EOY | 15263 | InventoriesForSaleOrUseEOY |
| Inventories For Sale Or Use EOYFMV | 15263 | InventoriesForSaleOrUseEOYFMV |
| Investments Corp Stock BOY | 27978669 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 25595823 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 26155142 | InvestmentsCorpStockEOYFMV |
| Investments Other BOY | 6021054 | InvestmentsOtherBOY |
| Investments Other EOY | 5968928 | InvestmentsOtherEOY |
| Investments Other EOYFMV | 6530294 | InvestmentsOtherEOYFMV |
| Total Assets BOY | 35421005 | TotalAssetsBOY |
| Total Assets EOY | 43083543 | TotalAssetsEOY |
| Total Assets EOYFMV | 44204228 | TotalAssetsEOYFMV |
| Accounts Payable BOY | 22475 | AccountsPayableBOY |
| Accounts Payable EOY | 14403 | AccountsPayableEOY |
| Other Liabilities EOY | 8363000 | OtherLiabilitiesEOY |
| Total Liabilities BOY | 22475 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 8377403 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Retained Earnings BOY | 35398530 | RetainedEarningsBOY |
| Retained Earnings EOY | 34706140 | RetainedEarningsEOY |
| Total Net Assets BOY | 35398530 | TotalNetAssetsBOY |
| Total Net Assets EOY | 34706140 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 35421005 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 43083543 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 35398530 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -691364 | ExcessOfRevenueOverExpenses |
| Subtotal | 34707166 | Subtotal |
| Other Decreases | 1026 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 34706140 | TotalNetAssetsFundBalancesEOY |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | false | LiableFor4942Tax |
| Qualifying Distributions Year1 | 1028515 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 34983306 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.029400 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 1291000 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 39472501 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.032706 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 1768163 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 42834925 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.041279 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 1009220 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 40102593 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.025166 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 1489202 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 16406053 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.090771 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.219322 | TotalDistributionRatio |
| Average Distribution Ratio | 0.043864 | AverageDistributionRatio |
| Net Noncharitable Assets | 31457735 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 1379862 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 9371 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 1389233 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 1569570 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 9371 | InvestmentIncomeExciseTax |
| Subtotal | 9371 | Subtotal |
| Tax Based On Investment Income | 9371 | TaxBasedOnInvestmentIncome |
| Est Tax Payments And Overpayment | 40000 | EstTaxPaymentsAndOverpayment |
| Total Credits And Payments | 40000 | TotalCreditsAndPayments |
| Overpayment | 30629 | Overpayment |
| Amount Credited To Next Year | 30629 | AmountCreditedToNextYear |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 Person Name | RICHARD GIBBS | BooksInCareOfPersonName |
| 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 DR | AddressLine1 |
| City | CLINTON TWP | City |
| State | MI | State |
| ZIP Code | 48036 | ZIPCode |
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 |
| 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 |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | Address Line2USAddress/AddressLine2 | 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 DR | 44710 MORLEY DR | CLINTON TWP | MI | 48036 | DIRECTOR | 2.00 | 0 | 0 | 0 |
| JOAN WEBBER | |||||||||
| 44710 MORLEY DR | 44710 MORLEY DR | CLINTON TWP | MI | 48036 | DIRECTOR | 2.00 | 0 | 0 | 0 |
| DAVID STONE | |||||||||
| 44710 MORLEY DR | 44710 MORLEY DR | CLINTON TWP | MI | 48036 | DIRECTOR | 1.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
Summary Of Direct Charitable Acty SummaryOfDirectCharitableActy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | DETROIT INSTITUTE OF ARTS,DET,MI - EDUCATION WING | Description1 |
| Description2 | ST MARY'S QUEEN OF CREATION, NEW BALTIMORE,MI - FOOD PANTRY | Description2 |
| Description3 | DETROIT EDISON PUBLIC SCHOOL,DETROIT,MI - MEDICAL CLINIC | Description3 |
| Description4 | WIGS 4 KIDS,ST CLAIR SHORES,MI - GENERAL & RENOVATIONS | Description4 |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1 |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 33838611 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 816291 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 5644885 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 40299787 | TotalFMVOfUnusedAssets |
| Acquisition Indebtedness | 8363000 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 31936787 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 479052 | CashDeemedCharitable |
| Net Noncharitable Assets | 31457735 | NetNoncharitableAssets |
| Minimum Investment Return | 1572887 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 1572887 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 9371 | TaxBasedOnInvestmentIncome |
| Total Tax | 9371 | TotalTax |
| Distributable Amount Before Adj | 1563516 | DistributableAmountBeforeAdj |
| Distributable Amount Before Ded | 1563516 | DistributableAmountBeforeDed |
| Distributable Amount As Adjusted | 1563516 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 1569570 | ExpensesAndContributions |
| Qualifying Distributions | 1569570 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 9371 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 1560199 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 1563516 | DistributableAmountAsAdjusted |
| Excess Distri Carryover Year5 | 1372157 | ExcessDistriCarryoverYear5 |
| Total Excess Distri Carryover | 1372157 | TotalExcessDistriCarryover |
| Qualifying Distributions | 1569570 | QualifyingDistributions |
| Applied To Current Year | 1563516 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 6054 | RemainingDistriFromCorpus |
| Total Corpus | 1378211 | TotalCorpus |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Excess Distri Cyov From Year5 | 1372157 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 6054 | ExcessDistriCyovToNextYear |
| Excess From Current Year | 6054 | ExcessFromCurrentYear |
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 (16 entries)
| Business Name Line2RecipientBusinessName/BusinessNameLine2 | Address Line1RecipientUSAddress/AddressLine1 | Address Line2RecipientUSAddress/AddressLine2 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|---|---|
| DETROIT INSTITUTE OF ARTS | ||||||||
| DETROIT INSTITUTE OF ARTS | 5200 WOODWARD AVE | 5200 WOODWARD AVE | DETROIT | MI | 48202 | PUBLIC | EDUCATION WING | $500,000 |
| BEYOND BASICS | ||||||||
| BEYOND BASICS | PO BOX 7 | PO BOX 7 | BLOOMFIELD HILLS | MI | 48304 | PUBLIC | GENERAL FUND | $90,000 |
| CORNERSTONE SCHOOLS | ||||||||
| CORNERSTONE SCHOOLS | 6861 E NEVADA | 6861 E NEVADA | DETROIT | MI | 48234 | PUBLIC | GENERAL FUND | $50,000 |
| GLEANERS COMMUNITY FOOD B | ||||||||
| GLEANERS COMMUNITY FOOD BANK | 21462 MOUND | 21462 MOUND | WARREN | MI | 48091 | PUBLIC | GENERAL FUND | $50,000 |
| SALVATION ARMY | ||||||||
| SALVATION ARMY | 16130 NORTHLAND DR | 16130 MORTHLAND DR | SOUTHFIELD | MI | 48076 | PUBLIC | GENERAL FUND | $51,000 |
| CARDINAL MOONEY HIGH SCHL | ||||||||
| CARDINAL MOONEY HIGH SCHOOL | 660 S WATER ST | 660 S WATER ST | MARINE CITY | MI | 48039 | PUBLIC | SCHOLARSHIPS | $25,000 |
| IMMACULATE CONCEPTION HS | ||||||||
| IMMACULATE CONCEPTION HS | 7043 CHURCH RD | 7043 CHURCH RD | FAIR HAVEN | MI | 48023 | PUBLIC | SCHOLARSHIPS | $25,000 |
| LOYOLA HIGH SCHOOL | ||||||||
| LOYOLA HIGH SCHOOL | 15325 PINEHURST | 15325 PINEHURST | DETROIT | MI | 48238 | PUBLIC | FUNDS FOR TEACHER SALARIES | $25,000 |
| WIGS 4 KIDS | ||||||||
| WIGS 4 KIDS | 30126 HARPER | 30126 HARPER | ST CLAIR SHORES | MI | 48082 | PUBLIC | GENERAL & RENOVATIONS | $129,983 |
| DETROIT EDISON PUB SCHOO | ||||||||
| DETROIT EDISON PUBLIC SCHOOL ACADEMY | 1903 WILKINS | 1903 WILKINS | DETROIT | MI | 48207 | PUBLIC | MEDICAL CLINIC | $252,286 |
| ST MARYS QUEEN OF CREATIO | ||||||||
| ST MARYS QUEEN OF CREATION | 50931 MARIA | 50931 MARIA | NEW BALTIMORE | MI | 48047 | PUBLIC | FOOD PANTRY | $276,846 |
| ST JOHN PROVIDENCE HOSPIT | ||||||||
| ST JOHNS PROVIDENCE HOSPITAL | 22101 MOROSS RD | 22101 MOROSS RD | DETROIT | MI | 48236 | PUBLIC | GENERAL | $10,000 |
| MICHIGAN CANCER SOCIETY | ||||||||
| MICHIGAN CANCER SOCIETY | 1755 ABBEY RD | 1755 ABBEY RD | EAST LANSING | MI | 48823 | PUBLIC | RESEARCH | $10,000 |
| AMERICAN CANCER SOCIETY | ||||||||
| AMERICAN CANCER SOCIETY | 1755 ABBEY RD | 1755 ABBEY RD | EAST LANSING | MI | 48823 | PUBLIC | GENERAL | $10,000 |
| FIRST WORD SOCIETY | ||||||||
| FIRST WORD SOCIETY | 3501 W THIRTEEN MILE | 3501 W THIRTEEN MILE | ROYAL OAK | MI | 48073 | PUBLIC | GENERAL | $20,000 |
| CARE HOUSE | ||||||||
| CARE HOUSE | 131 MARKET ST | 131 MARKET ST | MT CLEMENS | MI | 48043 | PUBLIC | GENERAL | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 1530115 | TotGrantOrContriPaidDuringYear |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $850,141 | ExclusionAmount |
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $239,143 | ExclusionAmount |
Other Investment Income Part VII OtherInvestmentIncomePartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $6,173 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | -$67,802 | ExclusionAmount |
Other Revenue Described OtherRevenueDescribed
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | K-1 PTSHP INCOME | Description |
| Exclusion Code | 16 | ExclusionCode |
| Exclusion | $85,030 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $1,112,685 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 1112685 | 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 (2 entries)
| Line NumberLineNumber | Amount InvolvedAmountInvolved | Description Of Transfers EtcDescriptionOfTransfersEtc |
|---|---|---|
| NEW URBAN LEARNING | ||
| 1b(5) | 5715688 | LOAN FOR FINANCING ACQUISITION AND RENOVATION OF SECONDARY PUBLIC SCHOOL |
| WILLIAM BEAUMONT HOSPI | ||
| 1b(5) | 5000000 | LOAN FOR FINANCING IMAGING CENTER AND CARDIAC PROGRESSIVE CARE UNIT |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationships Noncharitable E Os | false | RelationshipsNoncharitableEOs |
Compensation Explanation CompensationExplanation
Compensation Compensation (3 entries)
| WAYNE WEBBER |
| JOAN WEBBER |
| DAVID STONE |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAsset (9 entries)
| NameName | Date AcquiredDateAcquired | How AcquiredHowAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | BasisBasis | Total NetTotalNet |
|---|---|---|---|---|---|---|
| SHORT TERM SALES | 2010-01 | PURCHASE | 2010-12 | 5640555 | 5667955 | -27400 |
| LONG TERM SALES | 2009-01 | PURCHASE | 2010-12 | 5754510 | 5904624 | -150114 |
| K-1 PASS THRU SIGULAR GUFF K-1 | 2010-01 | PURCHASE | 2010-12 | 34685 | 34685 | |
| K-1 PASS THRU SIGULAR GUFF | 2009-01 | PURCHASE | 2010-12 | 31602 | 31602 | |
| MISC FRAC SHS | 2010-01 | PURCHASE | 2010-12 | 3996 | 3996 | |
| K-1 PASS THRU BLUESTEIN OPP | 2010-01 | PURCHASE | 2010-12 | 1481 | -1481 | |
| K-1 PASS THRU BLUESTEIN OPP | 2009-01 | PURCHASE | 2010-12 | 2749 | -2749 | |
| K-1 PASS THRU BLUESTEIN ATLANTIC | 2010-01 | PURCHASE | 2010-12 | 43510 | 43510 | |
| K-1 PASS THRU BLUESTEIN ATLANTIC | 2009-01 | PURCHASE | 2010-12 | 149 | 149 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY Book Value | 25595823 | EOYBookValue |
| EOYFMV | 26155142 | EOYFMV |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOther (4 entries)
| Category Or ItemCategoryOrItem | Listed At Cost Or FMVListedAtCostOrFMV | Book ValueBookValue | EOYFMVEOYFMV |
|---|---|---|---|
| INVESTMENT IN BENCHMARK PLUS | AT COST | 3878352 | 4086415 |
| INVESTMENT IN SIGULER GUFF | AT COST | 2090576 | 2443879 |
| INVESTMENT IN SANDERSON INTL VALUE | AT COST | ||
| INVESTMENT IN OSPREY INVESTMENT CO | AT COST |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | Category |
| Amount | $75,960 | Amount |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases OtherDecreases
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NONDEDUCTIBLE EXPENSES | Description |
| Amount | $1,026 | Amount |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome |
|---|---|---|
| EXPENSES | ||
| INVESTMENT FEES | 79853 | 79853 |
| OTHER PORTFOLIO INC DEDUCTION | 39742 | 39742 |
| OFFICE EXPENSE | 178 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income OtherIncome (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Adjusted Net IncomeAdjustedNetIncome |
|---|---|---|---|
| INCOME FROM 988 & 1256 CONTRA | 6173 | 6173 | 6173 |
| K-1 PTSHP INCOME | 85030 | 85030 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | NOTE PAYABLE | Description |
| EOY Book Value | 8363000 | EOYBookValue |
Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2
Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShort (2 entries)
| Balance DueBalanceDue |
|---|
| LOAN RECEIVABLE-NEW URBAN LEARNING |
| 574082 |
| LOAN RECEIVABLE-WM BEAUMONT HOSPITA |
Taxes Schedule TaxesSchedule
Taxes Taxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FOREIGN TAX W/H | Category |
| Amount | $111 | Amount |
| Net Investment Income | 111 | NetInvestmentIncome |
Comments