MARGARET DUNNING FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- MARGARET DUNNING FOUNDATION (EIN 38-3352930)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-05-13
- IRS object ID
- 202211339349103526
- Schema version
- 2021v4.2
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-05-13T14:05:20-05:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 382050733 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MELLEN SMITH & PIVOZ PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30800 TELEGRAPH ROAD SUITE 2800 | AddressLine1Txt |
| City | BINGHAM FARMS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 480254531 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 383352930 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARGARET DUNNING FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MARG | BusinessNameControlTxt |
| Phone | 3135689000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 PARK STREET 375 | AddressLine1Txt |
| City | TRAVERSE CITY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49684 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT APPEL | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3135689000 | PhoneNum |
| Signature | 2022-05-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | APPEL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK L SMITH | PreparerPersonNm |
| PTIN | P00059974 | PTIN |
| Phone | 2486422803 | PhoneNum |
| Preparation | 2022-05-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $29,640,462 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $950,756 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $950,756 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,559,312 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,975,244 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,559,312 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,133 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,133 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,523,201 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,523,201 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $101 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $11,299 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $204,900 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $204,900 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $42,635 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $4,598 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $149,771 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $133,875 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $14,179 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $416,257 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $138,473 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $230,378 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,380,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,230,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,796,757 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $138,473 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,460,878 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $726,444 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,384,728 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $869,541 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,449,799 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,449,799 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $24,330,211 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $23,636,962 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $27,190,663 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $25,199,752 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,086,761 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $29,640,462 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $315,000 | GrantsPayableBOYAmt |
| Grants Payable EOY | $465,000 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $2,489 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $13,054 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $317,489 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $478,054 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $24,882,263 | RetainedEarningBOYAmt |
| Retained Earning EOY | $25,608,707 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,882,263 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $25,608,707 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,199,752 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,086,761 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,882,263 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $726,444 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $25,608,707 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $25,608,707 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| MERRILL LYNCH - 4129 (DETAIL AVAILABLE UPON REQUEST) | P | 2020-01-31 | 2021-12-16 | $16,277 | $15,508 | $769 | $769 |
| MERRILL LYNCH - 4129 (DETAIL AVAILABLE UPON REQUEST) | P | 2010-11-09 | 2021-12-10 | $833,101 | $801,507 | $31,594 | $31,594 |
| MERRILL LYNCH - 4129 (DETAIL AVAILABLE UPON REQUEST) | P | 2017-05-19 | 2021-12-30 | $147,787 | $35,025 | $112,762 | $112,762 |
| MERRILL LYNCH - 4543 (DETAIL AVAILABLE UPON REQUEST) | P | 2021-01-08 | 2021-12-29 | $1,717 | $1,717 | $1,717 | |
| MERRILL LYNCH - 4543 (DETAIL AVAILABLE UPON REQUEST) | P | 2017-02-23 | 2021-12-29 | $777,875 | $704,700 | $73,175 | $73,175 |
| MERRILL LYNCH - 4543 (DETAIL AVAILABLE UPON REQUEST) | P | 2016-09-23 | 2021-11-15 | $268,000 | $275,287 | -$7,287 | -$7,287 |
| MERRILL LYNCH - 4559 (DETAIL AVAILABLE UPON REQUEST) | P | 2020-02-14 | 2021-12-13 | $1,126,164 | $957,964 | $168,200 | $168,200 |
| MERRILL LYNCH - 4559 (DETAIL AVAILABLE UPON REQUEST) | P | 2015-05-17 | 2021-12-16 | $2,793,501 | $1,942,694 | $850,807 | $850,807 |
| MERRILL LYNCH - 4559 (DETAIL AVAILABLE UPON REQUEST) | P | 2021-09-23 | 2021-09-23 | $17 | $17 | $17 | |
| MERRILL LYNCH - 4586 (DETAIL AVAILABLE UPON REQUEST) | P | 2020-04-15 | 2021-02-23 | $182,246 | $181,939 | $307 | $307 |
| MERRILL LYNCH - 4586 (DETAIL AVAILABLE UPON REQUEST) | P | 2017-02-14 | 2021-03-05 | $476,355 | $440,268 | $36,087 | $36,087 |
| MERRILL LYNCH - 4543 (BLACKROCK 2022 GLOBAL INCOME OPPORTUNITY TR) | P | 2017-02-23 | 2021-12-29 | $51,379 | $61,040 | -$9,661 | -$9,661 |
| CAPITAL GAINS DIVIDENDS | P | $300,825 | $300,825 | $300,825 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,559,312 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $33,148 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $33,148 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $33,148 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $39,440 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $39,440 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $6,292 | OverpaymentAmt |
| Applied To ES Tax | $6,292 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | Yes (1) | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MARGARETDUNNINGFDN.ORG | WebsiteAddressTxt |
| Individual With Books | MELLEN SMITH PIVOZ PLC | IndividualWithBooksNm |
| Phone | 2486422803 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30800 TELEGRAPH RD SUITE 2800 | AddressLine1Txt |
| City | BINGHAM FARMS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48025 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | Yes (1) | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| ROBERT M STULBERG | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | PRESIDENT AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| ROBIN FERRIBY | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | SECRETARY AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| LOIS STULBERG | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | VICE PRESIDENT AND DIRECTO | 1.00 | $0 | $0 | $0 |
| ROBERT APPEL | ||||||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | TREASURER AND DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| NEITHERCUT PHILANTHROPY ADVISORS LLC | |||||
| 125 PARK STREET SUITE 375 | TRAVERSE CITY | MI | 49684 | MANAGEMENT SERVICES | $209,900 |
| MERRILL LYNCH | |||||
| 39577 WOODWARD AVE SUITE 100 | BLOOMFIELD HILLS | MI | 48304 | INVESTMENT ADVISORY SERVICES | $133,875 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $27,722,940 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,425,946 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $29,148,886 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $29,148,886 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $437,233 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,711,653 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,435,583 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,435,583 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $33,148 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $33,148 | TotalTaxAmt |
| Distributable Before Adj | $1,402,435 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,402,435 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,402,435 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,460,878 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,460,878 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,402,435 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $29,944 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $29,944 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,460,878 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,402,435 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $58,443 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $88,387 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $88,387 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $29,944 | ExcessFromYear1Amt |
| Excess From Current Year | $58,443 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARK NEITHERCUT NEITHERCUT PHILANTH | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 125 PARK STREET SUITE 375 | AddressLine1Txt |
| City | TRAVERSE CITY | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49684 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3135689000 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATIONS SHOULD BE WRITTEN AND STATE PURPOSE | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | YES, SEE WEBSITE | SubmissionDeadlinesTxt |
| Restrictions On Awards | YES, SEE WEBSITE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALLEN PARK SCHOOL DISTRICT | ||||||
| 9601 VINE AVENUE | ALLEN PARK | MI | 48101 | PC | WHEEL ALIGNMENT MACHINE AT ALLEN PARK HIGH SCHOOL | $29,000 |
| ARC OF NORTHWEST WAYNE COUNTY | ||||||
| 26049 FIVE MILE RD | REDFORD CHARTER TWP | MI | 48239 | PC | OFFICE TECHNOLOGY UPGRADES | $16,000 |
| COLLEGE FOR CREATIVE STUDIES | ||||||
| 201 E KIRBY | DETROIT | MI | 48202 | PC | NATIONAL AUTO DESIGN COMPETITION | $60,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | ||||||
| 333 FORT STREET SUITE 2010 | DETROIT | MI | 48226 | PC | DONOR ADVISED FUNDS | $27,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | ||||||
| 333 FORT STREET SUITE 2010 | DETROIT | MI | 48226 | PC | DONOR ADVISED FUNDS | $27,000 |
| COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN | ||||||
| 333 FORT STREET SUITE 2010 | DETROIT | MI | 48226 | PC | DONOR ADVISED FUNDS | $27,000 |
| ECORSE PUBLIC SCHOOLS | ||||||
| 27225 W OUTER DR | ECORSE | MI | 48229 | PC | EQUIPMENT FOR A NEW AUTO MECHANIC APPRENTICE PROGRAM | $35,000 |
| FARMINGTON PUBLIC SCHOOL DISTRICT | ||||||
| 32500 SHIAWASSEE ST | FARMINGTON | MI | 48336 | PC | TORQUE CERTIFICATION PROGRAM AT NORTH FARMINGTON HIGH SCHOOL | $32,000 |
| FIRST STEP - THE WESTERN WAYNE COUNTY PROJECT ON DOMESTIC ASSAULT | ||||||
| 44567 PINETREE DR | PLYMOUTH | MI | 48170 | PC | PASSENGER VAN | $20,000 |
| FLINT CULTURAL CENTER CORPORATION | ||||||
| 601 E SECOND ST | FLINT | MI | 48503 | PC | NEW AUTO HISTORY EXHIBITS AT THE SLOAN MUSEUM | $50,000 |
| GULF COAST COMMUNITY FOUNDATION | ||||||
| 601 TAMIAMI TRAIL SOUTH | VENICE | FL | 34285 | PC | DONOR ADVISED FUNDS | $27,000 |
| LIVONIA PUBLIC SCHOOLS | ||||||
| 15125 FARMINGTON RD | LIVONIA | MI | 48154 | PC | AUTO EQUIPMENT UPGRADES AT THE LIVONIA CAREER TECHNICAL CENTER | $12,000 |
| OAKWOOD HEALTHCARE | ||||||
| 1 PARK LN BLVD 1000E | DEARBORN | MI | 48126 | PC | FACILITY IMPROVEMENTS AT THREE CHILD HEALTH CLINICS SERVING UNDERSERVED COMMUNITIES | $50,000 |
| REDFORD INTERFAITH RELIEF | ||||||
| 18499 BEECH DALY | REDFORD CHARTER TWP | MI | 48240 | PC | NEW ROOF INSTALLATION | $75,000 |
| SALVATION ARMY EASTERN MICHIGAN DIVISION | ||||||
| 16130 NORTHLAND DR | SOUTHFIELD | MI | 48075 | PC | WALK-IN FREEZER FOR THE FOOD PANTRY AT ITS PLYMOUTH CORPS | $25,000 |
| THE SARASOTA-MANATEE JEWISH FEDERATION | ||||||
| 580 SOUTH MCINTOSH ROAD | SARASOTA | FL | 34232 | PC | DONOR ADVISED FUNDS | $27,000 |
| DETROIT HISTORICAL SOCIETY | ||||||
| 5401 WOODWARD AVE | DETROIT | MI | 48202 | PC | PHOTOGRAPHY EQUIPMENT TO ALLOW 360-DEGREE DOCUMENTATION OF ITS AUTOMOBILE COLLECTION | $25,000 |
| FLINT CULTURAL CENTER CORPORATION | ||||||
| 601 E SECOND ST | FLINT | MI | 48503 | PC | NEW AUTO HISTORY EXHIBITS AT THE SLOAN MUSEUM | $60,000 |
| GROWTH WORKS | ||||||
| 271 S MAIN ST | PLYMOUTH | MI | 48170 | PC | BUILDING IMPROVEMENTS AT PLYMOUTH LOCATION | $26,000 |
| PLYMOUTH PARC | ||||||
| 650 CHURCH STREET | PLYMOUTH | MI | 48170 | PC | SWIMMING POOL HVAC SYSTEM REPLACEMENT | $100,000 |
| COLLEGE FOR CREATIVE STUDIES | ||||||
| 201 E KIRBY | DETROIT | MI | 48202 | PC | ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN | $80,000 |
| EDUCATIONAL EXCELLENCE FOUNDATION | ||||||
| 19050 CAMBRIDGE BLVD | LATHRUP VILLAGE | MI | 48076 | PC | WELDING EQUIPMENT AT PLYMOUTH-CANTON ADVANCED AUTOMOTIVE TRAINING CENTER | $57,000 |
| MECOSTA-OSCEOLA INTERMEDIATE SCHOOL DISTRICT | ||||||
| 15760 190TH AVE | BIG RAPIDS | MI | 49307 | PC | TIRE CHANGING AND BALANCING EQUIPMENT AT THE MECOSTA-OSCEOLA CAREER CENTER | $30,000 |
| NEW HAVEN COMMUNITY SCHOOLS | ||||||
| 30375 CLARK STREET | NEW HAVEN | MI | 48048 | PC | AUTOMOTIVE HOIST AT NEW HAVEN HIGH SCHOOL | $35,000 |
| OAKLAND COMMUNITY COLLEGE | ||||||
| 2480 OPDYKE ROAD | BLOOMFIELD HILLS | MI | 48304 | PC | EQUIPMENT AND PROFESSIONAL DEVELOPMENT IN THE AUTOMOBILE SERVICING PROGRAM | $29,000 |
| STARFISH FAMILY SERVICES | ||||||
| 30000 HIVELEY | INKSTER | MI | 48141 | PC | BUILDING RENOVATIONS AT INKSTER HEADQUARTERS | $60,000 |
| THE HENRY FORD | ||||||
| 20900 OAKWOOD BLVD | DEARBORN | MI | 48124 | PC | PANEL DISCUSSION ON AUTOMOBILE COLLECTING | $5,500 |
| AMERICAN INDIAN HEALTH AND FAMILY SERVICES OF SOUTHEASTERN MICHIGAN | ||||||
| 4880 LAWNDALE ST | DETROIT | MI | 48210 | PC | SUBSTANCE USE AND MENTAL HEALTH PROGRAMS FOR INDIGENOUS YOUTH | $50,000 |
| DEARBORN PUBLIC SCHOOLS | ||||||
| 18700 AUDETTE | DEARBORN | MI | 48124 | PC | AN ALIGNMENT MACHINE FOR THE AUTOMOTIVE PROGRAM AT FORDSON HIGH SCHOOL | $28,000 |
| NEW HOPE CENTER FOR GRIEF SUPPORT | ||||||
| 133 W MAIN ST SUITE 113 | NORTHVILLE | MI | 48167 | PC | EXPANDING ITS EARLY GRIEF PROGRAMMING | $25,000 |
| VISTA MARIA | ||||||
| 20651 W WARREN ST | DEARBORN HEIGHTS | MI | 48127 | PC | A READING PROGRAM FOR GIRLS RECOVERING FROM TRAUMA AND ABUSE | $11,000 |
| LIVING AND LEARNING ENRICHMENT CENTER | ||||||
| 801 GRISWOLD ST | NORTHVILLE | MI | 48167 | PC | KITCHEN RENOVATIONS AT ITS NORTHVILLE CAMPUS | $70,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,230,500 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (6 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| FLINT CULTURAL CENTER CORPORATION | ||||||
| 601 E SECOND ST | FLINT | MI | 48503 | PC | NEW AUTO HISTORY EXHIBITS AT THE SLOAN MUSEUM | $65,000 |
| KETTERING UNIVERSITY | ||||||
| 1700 UNIVERSITY AVE | FLINT | MI | 48504 | PC | EQUIPMENT TO STUDY AUTONOMOUS VEHICLES | $60,000 |
| PLYMOUTH PARC | ||||||
| 650 CHURCH STREET | PLYMOUTH | MI | 48170 | PC | SWIMMING POOL HVAC SYSTEM REPLACEMENT | $100,000 |
| COLLEGE FOR CREATIVE STUDIES | ||||||
| 201 E KIRBY | DETROIT | MI | 48202 | PC | ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN | $80,000 |
| COLLEGE FOR CREATIVE STUDIES | ||||||
| 201 E KIRBY | DETROIT | MI | 48202 | PC | ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN | $80,000 |
| COLLEGE FOR CREATIVE STUDIES | ||||||
| 201 E KIRBY | DETROIT | MI | 48202 | PC | ADVANCED SUMMER SCHOOL PROGRAM IN AUTO DESIGN | $80,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $465,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $950,756 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $13,133 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,559,312 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,523,201 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,523,201 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $18,850 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $11,299 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GILMORE CAR MUSEUM | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 6865 W HICKORY ROAD | AddressLine1Txt |
| City | HICKORY CORNERS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 49060 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2018-07-30 | GrantDt |
| Grant | $115,000 | GrantAmt |
| Purpose Of Grant | EDUCATIONAL EXHIBITS | PurposeOfGrantTxt |
| Expended By Grantee | $93,838 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 1/18/22 | DatesOfReportsByGranteeTxt |
| Verification | 2022-01-18 | VerificationDt |
| Results Of Verification | THE RESULTS OF VERIFICATION OF THE GRANTEE'S REPORTS UNDERTAKEN PURSUANT TO AND TO THE EXTENT REQUIRED UNDER SECTION 53.4945-5(C)(1) BY THE GRANTOR CONFIRMED THAT THE GRANTEE HAS (1) PROVIDED REPORTS ON THE USE OF FUNDS AFTER THE END OF THEIR ANNUAL ACCOUNTING PERIOD AND WITHIN A REASONABLE TIMEFRAME, (2) THE GRANTEE IS USING THE GRANT IN COMPLIANCE WITH TERMS OF THE GRANT, (3) DETERMINED ACCEPTABLE PROGRESS MADE BY THE GRANTEE TOWARD ACHIEVING THE PURPOSES FOR WHICH THE GRANT WAS MADE. | ResultsOfVerificationTxt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST | AT COST | $15,670 | $15,670 |
| INVESTMENTS IN MARKETABLE SECURITIES | AT COST | $23,621,292 | $27,174,993 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $101 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $133,875 | $133,875 | $0 |
| INSURANCE | $3,256 | $0 | $3,256 |
| DUES | $5,800 | $0 | $5,800 |
| ADMINISTRATIVE | $5,000 | $0 | $5,000 |
| BANK FEES | $1,594 | $0 | $0 |
| OTHER EXPENSE | $246 | $0 | $123 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ML - LIMITED PARTNERSHIP INCOME - 4129 | $1,845 | $1,845 | $1,845 |
| ML - LIMITED PARTNERSHIP INCOME - 4543 | $11,288 | $11,288 | $11,288 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ACCRUED EXCISE TAX | Desc |
| BOY Book Value | $2,489 | BOYBookValueAmt |
| EOY Book Value | $13,054 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT SERVICES | CategoryTxt |
| Amt | $204,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $204,900 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX ON INVESTMENT INCOME | $38,037 | $0 | $0 |
| FOREIGN TAXES | $4,598 | $4,598 | $0 |