2023-11-15T19:57:41-06:00 2022-12-31 381357951 PLANTE & MORAN PLLC 750 TRADE CENTRE WAY STE 300 PORTAGE MI 49002 990PF 2022-01-01 383508943 THE RAVITZ FOUNDATION RAVI 2693822844 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 BRIAN H AARON VP/TREASURER 2693822844 2023-11-15 1 BRIAN AARON 999009999 0 DORI J EGGETT P00645252 2695674500 2023-11-15 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z X 40401290 X 825 X 8706 8706 817406 817406 1573428 7588074 1573428 2400365 2399540 197929 55764 142165 20492 8057 12435 51855 25927 25928 12500 6250 6250 171837 171837 0 7650 3825 3825 24575 16233 8342 486838 287893 198945 2128350 2128350 2615188 287893 2327295 -214823 2111647 520916 119091 119091 1291638 441084 441084 13326 13326 790068 790068 1683967 8345795 8508379 7956953 21039925 21879534 30148803 0 38066 38066 31988342 31789548 40401290 2001 7537 2001 7537 X 19798753 19798753 0 0 12187588 11983258 31986341 31782011 31988342 31789548 31986341 -214823 10493 31782011 0 31782011 FROM K-1 INVESCO DB COMMODITY INDEX - OTHER GAINS 164854 164854 164854 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 142487 1209478 1202982 6496 6496 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 049997 600000 600000 0 0 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 049997 850000 845427 4573 4573 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 049986 1973761 2032361 -58600 -58600 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 049986 2609418 1299757 1309661 1309661 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 049986 -K1 39574 34119 5455 5455 PUBLICLY TRADED SECURITIES - MORGAN STANELY - 049986 - LTCG DISTRIBUTIONS 140989 140989 140989 1573428 29352 0 29352 0 29352 36053 0 0 0 36053 1183 5518 5518 0 0 0 0 0 0 0 0 0 0 0 1 1 MI 1 0 0 0 0 1 N/A BRIAN H AARON 2485637600 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 LAWRENCE HANDLER 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 DIRECTOR 5.00 0 0 0 STEVE MARGOLIN 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 DIRECTOR 1.00 6250 0 0 BURTON SHIFMAN 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 PRESIDENT/DIRECTOR 15.00 13922 2850 0 CAROLE SHIFMAN 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 PROGRAM DIRECTOR/DIRECTOR 30.00 122234 0 0 JONATHAN AARON 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 SECRETARY/DIRECTOR 1.00 6250 0 0 BRUCE GELBAUGH 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 DIRECTOR 10.00 22773 2850 0 BRIAN H AARON 34705 WEST TWELVE MILE RD 160 FARMINGTON HILLS MI 48331 TREASURER/DIRECTOR 20.00 26500 0 0 NONE 0 MORGAN STANLEY 40701 WOODWARD AVE SUITE 200 BLOOMFIELD MI 48304 INVESTMENT MANAGEMENT FEES 171837 0 0 41913896 2900100 0 44813996 0 0 44813996 672210 44141786 2207089 2207089 29352 29352 2177737 0 2177737 0 2177737 2327295 0 2327295 2177737 0 0 489683 306195 26962 120889 943729 2327295 0 0 0 2177737 149558 0 0 1093287 0 0 0 0 0 0 0 1093287 489683 306195 26962 120889 149558 X ALUMNI ASSOCIATION OF U OF M 200 FLETCHER ST ANN ARBOR MI 48109 PC GENERAL SUPPORT 23750 AMERICAN FRIEND OF MAGEN DAVID ADOM 20 W 36TH ST NEW YORK NY 10018 PC GENERAL SUPPORT 1000 AMERICAN JOINT DISTRIBUTION COMMITTEE 220 EAST 42ND STREET SUITE 400 NEW YORK NY 10017 PC THE WAY OF THE LAND PROJECT 42750 AMERICAN JOINT DISTRIBUTION COMMITTEE 221 EAST 42ND STREET SUITE 400 NEW YORK NY 10017 PC GENERAL SUPPORT 1000 AMERICAN JOINT DISTRIBUTION COMMITTEE 222 EAST 42ND STREET SUITE 400 NEW YORK NY 10017 PC UKRAINE CRISIS FUND 2000 AMERICAN LIBRARY ASSOCIATION 225 N MICHIGAN AVE SUITE 1300 CHICAGO IL 606017616 PC GENERAL SUPPORT 500 BIG BROTHERS BIG SISTERS OF SOUTHWEST MICHIGAN 3501 COVINGTON ROAD KALAMAZOO MI 49001 PC GENERAL SUPPORT 23750 ANTI-DEFAMATION LEAGUE 605 THIRD AVENUE NEW YORK NY 101583560 PC GENERAL SUPPORT 191000 BIRTHRIGHT ISRAEL FOUNDATION 711 3RD AVE 10TH FLOOR NEW YORK NY 10017 PC GENERAL SUPPORT 42750 BOYS AND GIRLS CLUB OF GREATER KALAMAZOO 915 LAKE STREET KALAMAZOO MI 49001 PC OPERATIONS 23750 BREAKING THE CYCLE WITH BOOKS 1901 SPRINGWELLS ST DETROIT MI 48209 PC GENERAL SUPPORT 2000 CAP AND CONQUER 6632 TELEGRAPH ROAD 123 BLOOMFIELD HILLS MI 48301 PC GENERAL SUPPORT 1000 CATHOLIC FOUNDATION OF MICHIGAN 1145 W LONG LAKE ROAD NO 201 BLOOMFIELD HILLS MI 48302 PC MALTA CLINIC ASSISTANCE FUND 1000 CHILDREN'S AND FAMILY SERVICE 4287 FIVE OAKS DRIVE LANSING MI 48911 PC GENERAL SUPPORT 10000 CONGREGATION BETH SHALOM 14601 WEST LINCOLN ROAD OAK PARK MI 482371333 PC GENERAL SUPPORT 1500 CONGREGATION SHAAREY ZEDEK 27375 BELL ROAD SOUTHFIELD MI 48034 PC GENERAL SUPPORT 1000 DAVID GOLDMAN 160 FEDERAL ST BOSTON MA 02110 PC OPERATIONS 4750 DETROIT PUBLIC TV 1 CLOVER COURT WIXOM MI 48393 PC GENERAL SUPPORT 500 ITREK 1460 BROADWAY NEW YORK NY 10036 PC GENERAL SUPPORT 5000 EVANS SCHOLAR 2501 PATRIOT BLVD GLENVIEW IL 600268022 PC GENERAL SUPPORT 5000 FRANKEL JEWISH ACADEMY 6600 W MAPLE ROAD WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 3000 FRIEND OF THE IDF PO BOX 4224 NEW YORK NY 10163 PC GENERAL SUPPORT 2000 HABONIM DROR CAMP TAVOR 4444 SECOND AVE DETROIT MI 48201 PC GENERAL SUPPORT 19000 HAVANABABY 2466 EUTAW PLACE BALTIMORE MD 21217 PC GENERAL SUPPORT 1500 HEBREW FREE LOAN 6735 TELEGRAPH RD 300 BLOOMFIELD HILLS MI 48301 PC GENERAL SUPPORT 47500 HILLEL CAMPUS ALLIANCE OF MI 360 CHARLES STREET EAST LANSING MI 48823 PC GENERAL SUPPORT 109250 HILLEL DAY SCHOOL OF METRO DETROIT 5221 GULLEN MALL 667 SCH-WSU DETROIT MI 48202 PC GENERAL SUPPORT 40500 HILLEL OF METRO DETROIT 5221 GULLEN MALL 667 SCH-WSU DETROIT MI 48202 PC SMALL CAMPUSES, BIGGER IMPACT 47500 HOLOCAUST MEMORIAL CENTER 28123 ORCHARD LAKE ROAD FARMINGTON HILLS MI 48334 PC GENERAL SUPPORT 142500 IMPACT ISRAEL 200 HIGHLAND AVENUE SUITE 301 NEEDHAM MA 02494 PC THERAPUTIC CENTER 23750 ISAAC AGREE DOWNTOWN SYNAGOGUE 1457 GRISWOLD DETROIT MI 48226 PC GENERAL SUPPORT 47500 ISRAEL RELIGIOUS ACTION CENTER 520 EIGHT AVE 20TH FLOOR NEW YORK NY 10018 PC EMPOWER REFORM CONGREGATIONS 9500 JEWISH FEDERATION OF METRO DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032030 PC ISRAELI CAMPER PROGRAM 95000 ITREK 1460 BROADWAY NEW YORK NY 10036 PC UNIVERSITY OF MICHIGAN STUDENTS TO ISRAEL PROGRAM 23750 JCRCAJC 6735 TELEGRAPH ROAD STE 101 BLOOMFIELD HILLS MI 48301 PC GENERAL SUPPORT 71250 JEWISH COMMUNITY CENTER OF METRO DETROIT 6600 WEST MAPLE ROAD WEST BLOOMFIELD MI 48322 PC EARLY CHILDHOOD DEVELOPMENT 21850 JEWISH COMMUNITY CENTER OF METRO DETROIT 6600 WEST MAPLE ROAD WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 19000 JEWISH FAMILY SERVICES 6555 WEST MAPLE ROAD WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 25250 JEWISH FEDERATION OF METRO DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032030 PC PLAYWORKS 23750 JEWISH FEDERATION OF METRO DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032030 PC GENERAL SUPPORT 4000 JEWISH SENIOR LIFE OF METRO DETROIT 6710 WEST MAPLE ROAD WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 95000 JVSKADIMA 15999 W 12 MILE ROAD SOUTHFIELD MI 48076 PC FINANCIAL NEED FUND 57000 KALAMAZOO LOAVES&FISHES 901 PORTAGE STREET KALAMAZOO MI 490013005 PC PANTRY PROGRAM 38000 L'DOR V DOR UPPER GREAT LAKES JEWISH CONSORTIUM 505 MICHIGAN ST PETOSKEY MI 49770 PC REMOTE JEWISH COMMUNITIES PROJECT 36000 LIMMUD MICHIGAN INC 19785 WEST 12 MILE ROAD SOUTHFIELD MI 48076 PC OPERATIONS 5000 METRO FOOD RESCUE 6928 E KNOLL WOOD CIRCLE WEST BLOOMFIELD MI 48322 PC GENERAL SUPPORT 9500 MICHIGAN ANIMAL RESCUE 790 FEATHERSTONE PONTIAC MI 48342 PC GENERAL SUPPORT 2000 MICHIGAN RADIO 535 W WILLIAM ST SUITE 110 ANN ARBOR MI 48103 PC GENERAL SUPPORT 500 MOISHE HOUSE 5007 PROVIDENCE ROAD CHAROLETTE NC 28226 PC GENERAL SUPPORT 23750 NATIONAL COUNCIL OF JEWISH WOMEN-MICHIGAN 26400 LAHSER ROAD SUITE 306 SOUTHFIELD MI 480332675 PC BACK TO SCHOOL STORE 19000 OAKLAND UNIVERSITY 586 PIONEER DRIVE ROCHESTER MI 48309 PC OUWB HOLOCAUST AND MEDICINE ED PROGRAM 14000 OR HALEV 340 S LEMON AVE 8404 WALNUT CA 91789 PC JEWISH ENGAGEMENT VIRTUAL MINDFULNESS 14000 SANCTUM HOUSE 12940 VICTORIA AVE HUNTINGTON WOODS MI 48070 PC GENERAL SUPPORT 2500 JEWISH FEDERATION OF METRO DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032030 PC SIMONS JEWISH ARCHIVES LEGACY MEDIA 4750 JEWISH FEDERATION OF METRO DETROIT 6735 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032030 PC SMALL COMMUNITIES INITIATIVES 95000 JEWISH FEDERATION OF METRO DETROIT 6736 TELEGRAPH ROAD BLOOMFIELD HILLS MI 483032031 PC SMALL COMMUNITIES INITIATIVES-GABRIEL ALARM SYSTEM 20000 TAMARACK CAMP 6735 TELEGRAPH ROAD SUITE 380 BLOOMFIELD HILLS MI 48301 PC CAMPER SCHOLARSHIP PROGRAM 237500 TEMPLE ISRAEL 5725 WALNUT LAKE ROAD WEST BLOOMFIELD MI 48323 PC GENERAL SUPPORT 1500 THE NATION RAMAH COMMISION OF JTS 3080 BROADWAY NEW YORK NY 10027 PC MICHAEL KELSEN MEMORIAL FUND 5000 THE REGENTS OF THE UNIVERSITY OF MICHIGAN 19000 HUBBARD DRIVE DEARBORN MI 48126 PC PEDIATRIC CRAINIOFACIAL ANOMALIES RESEARCH 47500 THE WELL 5725 WALNUT LAKE ROAD WEST BLOOMFIELD MI 48323 PC PROGRAMMING 47500 U OF M HILLEL 1429 HILL ST ANN ARBOR MI 48104 PC SHABBAT CAMPAIGN 80750 UNIVERSITY OF MICHIGAN HILLEL 1429 HILL ST ANN ARBOR MI 48104 PC CONNECT LEADERSHIP EXPANSION PROGRAM 38000 UNIVERSITY OF MICHIGAN HISTORY DEPT 1029 TISCH HALL 435 S STATE ST ANN ARBOR MI 48109 PC GENERAL SUPPORT 1000 YAD EZRA 2850 W 11 MILE ROAD BERKLEY MI 48072 PC GENERAL SUPPORT 71250 ZIONESS MOVEMENT INC 244 FIFTH AVENUE SUITE A205 NEW YORK NY 10001 PC GENERAL SUPPORT 1000 2128350 0 14 8706 14 817406 18 1573428 0 2399540 0 2399540 0 0 0 0 0 0 0 0 0 0 PLANTE & MORAN 12500 6250 6250 ABBOTT LABORATORIES 3.75% 11/30/2026 145987 128715 ALL STATE CORP/THE 0.750% 12/15/2025 154172 136882 AMAZON.COM INC 2.800% 08/22/2024 142339 137699 AMERIPRISE FINANCIAL INC 3.700% 10/15/2024 51823 50785 BANK OF AMERICA CORP 4.450% 03/03/2026 139696 129400 BERKSHIRE HATHAWAY INC 2.750% 03/15/2023 94615 94634 BERKSHIRE HATHAWAY INC 3.000% 02/11/2023 150041 149386 CHARLES SCHWAB CORP/THE 2.650% 01/25/2023 51230 52975 CHEVRON CORPORATION 3.326% 11/17/2025 202681 193586 CISCO SYS INC 3.625% 03/04/2024 141767 137124 COMCAST CORP 3.150% 03/01/2026 142087 126746 EMERSON ELECTRIC CO 0.875% 10/15/2026 154788 133492 EXXON MOBIL CORP 3.176% 03/15/2024 51174 51005 GENERAL DYNAMICS CORP 3.5% 05/15/2025 48357 46814 HOME DEPOT INC 3.35% 09/15/2025 141193 131963 HONEYWELL INTERNATIONAL INC 2.500% 11/01/2026 142715 123835 ILLINOIS TOOL WORKS INC 3.500% 03/01/2024 100445 98588 JOHN DEERE CAPITAL CORP 2.700% 01/06/2023 43094 43995 JOHNSON & JOHNSON 2.450% 03/01/2026 147622 132740 JP MORGAN CHASE & CO 4.125% 08/30/2026 163725 143328 LOCKHEED MARTIN CORP 3.550% 01/15/2026 70391 64188 MERCK & CO INC 2.750% 02/10/2025 143015 135180 METLIFE INC 3.600% 04/10/2024 52015 51100 MICRSOFT CORP 2.000% 08/08/2023 144499 145060 NIKE INC 2.375% 11/01/2026 149265 130292 NOVARTIS CAPITAL CORP 3.400% 05/06/2024 143437 138274 PEPSICO INC 3.600% 03/01/2024 93059 90921 PHILIP MORRIS INTL INC 3.375% 08/11/2025 49403 48042 SANOFI 3.375% 06/19/2023 51014 50672 SHELL INTERNATIONAL FINANCE BV 3.250% 05/11/2025 144001 134790 SIMON PROPERTY GROUP LP 2.750% 06/01/2023 43587 44552 STATE STREET CORP 3.300% 12/16/2024 146296 135646 TARGET CORP 3.500% 07/01/2024 51026 50044 TJX COS INC/THE 2.250% 09/01/2026 145381 131225 TOYOTA MOTOR CREDIT CORP 3.4% 04/14/2025 49180 47548 UNITED PARCEL SERVICE 2.45% 10/01/2022 139135 140223 VIRGINIA ELECTRIC & POWER CO 2.750% 03/15/2023 49798 49811 WALMART INC 3.55% 06/26/2025 143659 134237 WALT DISNEY CO 3.15% 09/17/2025 54194 50853 WASTE MANAGEMENT INC 2.400% 05/15/2023 43342 44558 WELLS FARGO & CO 4.100% 06/03/2026 139394 128820 UNILEVER CAPITAL CORP 0.375% 09/14/2023 154107 149040 AMERICAN HONDA FINANCE CORP 0.550% 07/12/2024 154619 144988 GOLDMAN SACHS GROUP INC 3.850% 01/26/2027 151193 133421 APPLIED MATERIALS INC 3.300% 04/01/2027 150624 133225 COSTCO WHOLESALE CORP 3.000% 05/18/2027; 149445 132092 PNC FINANCIAL SERVICES GROUP INC 3.150% 05/19/2027 207696 180430 QUALCOMM INC 3.250% 05/20/2027 205045 181868 TRUIST FINANCIAL CORP 1.125% 08/03/2027 153672 133524 ALPHABET INC 0.800% 08/15/2027; 153478 135660 KIMBERLY- CLARK CORP 1.050% 09/15/2027; 211982 183692 UNITEDHEALTH GROUP INC 2.950% 10/15/2027 223140 193547 EQUINOR ASA 144692 141013 PROGRESSIVE CORP/THE 199498 192897 REALTY INCOME CORP 150092 133757 COCA-COLA CO/THE 200383 193817 DTE ELECTRIC CO 146343 136621 BERKSHIRE HATHAWAY ENERGY CO 142140 141011 NEXTERA ENERGY CAPITAL HOLDINGS INC 211357 183252 PROLOGIS LP 194606 197178 SANTANDER WILMINGTON DE CD 249875 249140 ALLY BK MIDVALE U MIDVALE UT CD 249875 248538 LEGACY BANK ROGERSVILLE MO CD 249875 248514 ACCENTURE PLC IRELAND CL A (CAN) 58047 93928 ADOBE SYS INC 19037 61922 ALPHABET INC CL C 27009 86955 AMAZON COM INC 12273 47040 AMGEN INC 33619 102692 APPLE INC 21752 98097 BERKSHIRE HATHAWAY CL B 39393 105335 BLACKROCK INC 44136 87161 ESTEE LAUDER CO INC CL A (EL) 51944 88823 HOME DEPOT INC 33595 88441 LABORATORY CP AMER HLDGS NEW (LH) 74958 103611 MERCK & CO INC NEW 40179 122822 MICROSOFT CORP 21384 98086 NIKE INC CL B 44643 76642 ORGANON & CO 1999 3072 PAYPAL HLDGS INC 14272 29628 PEPSICO INC 49461 110022 RAYTHEON COMPANY 65372 120196 TJX COS INC NEW (TJX) 72103 107540 WALT DISNEY CO 64892 51954 BLACKROCK TECHNOLOGY OPP INST (BG SIX) AT COST 275293 311159 FIDELITY ADV INTL CAP APP I (FCPIX) AT COST 795893 730473 FULLER&THALER BHV SMCP GW I (FTXSX) AT COST 418143 394941 GLOBAL X COPPER MINERS ETF (COPX) AT COST 83214 115927 INVESCO DB COMMODITY INDEX TRA (DBC) AT COST 854591 900465 INVESTICO DEVELOPINGMKTS Y (ODVYX) AT COST 449654 370123 INVESCO S&P 500 EQUAL WEIGHT E (RSP) AT COST 240686 749755 ISHARES MORTGAGE REAL ESTATE C (REM) AT COST 169820 136140 ISHARES S&P 500 GRWTH ETF (IVW) AT COST 2424669 6120738 ISHARES S&P 500 VAL ETF (IVE) AT COST 3932249 6881541 ISHARES SP SMALLCAP 600 INDEX (IJR) AT COST 679103 1539698 ISHARES US REAL ESTATE ETF (IYR) AT COST 385409 462119 KRANESH BOSERA MSCI CHINA A (KBA) AT COST 341651 203920 SPDR NYSE TECHNOLOGY ETF AT COST 52532 157220 MSIF GROWTH I (MSEQX) AT COST 424791 209965 SPDR S&P REGIONAL BANKING ETF (KRE) AT COST 436287 499290 VANECK GOLD MINERS ETF (GDX) AT COST 405525 312537 VANGUARD DIVIDEND APPRECIATION (VIG) AT COST 141038 367021 VANGUARD FTSE DEVELOPED MKTS E (VEA) AT COST 4170924 4604067 VANGUARD FTSE EMERGING MKTS (VWO) AT COST 1082084 1135370 VANGUARD INTL EQUITY INDEX FD (VEU) AT COST 638173 707776 VANGUARD SHORT-TERM CORPORATE (VCSH) AT COST 467949 425575 VIRTUS KAR SMALL-CAP GROWTH (PXSGX) AT COST 534697 369255 HEALTH CARE SEL SECT SPDR FD AT COST 303225 312455 INDUSTRIAL SEL SEC SPDR FD AT COST 258146 250436 NEUBERGER INTRINSIC VALUE INST (NINLX) AT COST 413788 380837 PIONEER MLTI AST ULT SHT INC Y (MYFRX) AT COST 750000 750000 PUTNAM ULTRA SHT DUR INC Y (PSDYX) AT COST 750000 750000 LEGAL FEES 51855 25927 25928 PRE-PAID PAYROLL TAX 38066 38066 INSURANCE 10898 5449 5449 OFFICE EXPENSE 1014 507 507 INVESTMENT EXPENSES FROM K-1S 7893 7893 0 SOFTWARE 413 206 207 UNAPPLIED CASH BILL EXPENSE 4025 2012 2013 FUNDRAISING FEE 332 166 166 COST BASIS ADJUSTMENT 10493 ACCRUED STATE WITHHOLDING 2001 2001 FSA PAYABLE 0 1425 FEDERAL PAYROLL TAX PAYABLE 0 0 FEDERAL UNEMPLOYMENT TAX PAYABLE 0 92 MI PAYROLL TAX PAYABLE 0 3945 MI UNEMPLOYMENT TAX PAYABLE 0 74 INVESTMENT MANAGEMENT FEES 171837 171837 0 CONSULTANT 0 0 0