GROSFELD FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- GROSFELD FOUNDATION (EIN 38-2575307)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-24
- IRS object ID
- 202523289349100467
- Schema version
- 2024v5.2
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Decreases Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-24T17:02:17-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 263635984 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRANK HIRSCH SUBELSKY & FREEDMAN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30600 NORTHWESTERN HWY 305 | AddressLine1Txt |
| City | FARMINGTON HILLS | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 483343172 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 382575307 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GROSFELD FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GROS | BusinessNameControlTxt |
| Phone | 3132567610 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE TOWNE SQUARE SUITE 1600 | AddressLine1Txt |
| City | SOUTHFIELD | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48076 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES GROSFELD | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3132567610 | PhoneNum |
| Signature | 2025-11-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DENNIS N FRANK | PreparerPersonNm |
| PTIN | P00402607 | PTIN |
| Phone | 2488556616 | PhoneNum |
| Preparation | 2025-11-24 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,214,056 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $22,185,778 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $333,139 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $333,139 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $333,139 | DividendsAdjNetIncmAmt |
| Cap Gain Net Incm Net Invst Incm | $35,515 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $22,518,917 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $368,654 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $333,139 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $7,309 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $7,309 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $60,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $60,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $957 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $957 | InterestNetInvstIncmAmt |
| Interest Adj Net Incm | $0 | InterestAdjNetIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $68,266 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $957 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $67,309 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,391,814 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,391,814 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,460,080 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $957 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,459,123 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $17,058,837 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $367,697 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $333,139 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $111,573 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $105,803 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $105,803 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,431 | CorporateStockBOYAmt |
| Corporate Stock EOY | $17,108,253 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $17,108,253 | CorporateStockEOYFMVAmt |
| Total Assets BOY | $121,004 | TotalAssetsBOYAmt |
| Total Assets EOY | $17,214,056 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,214,056 | TotalAssetsEOYFMVAmt |
| Mortgages And Notes Payable BOY | $1,000 | MortgagesAndNotesPayableBOYAmt |
| Total Liabilities BOY | $1,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $120,004 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $17,214,056 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $120,004 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $17,214,056 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $121,004 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $17,214,056 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $120,004 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $17,058,837 | ExcessRevenueOverExpensesAmt |
| Other Increases | $35,515 | OtherIncreasesAmt |
| Subtotal | $17,214,356 | SubtotalAmt |
| Other Decreases | $300 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $17,214,056 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 20,119 BLACKROCK INC. | 2024-08-24 | 2024-08-24 | $17,581,527 | $17,595,153 | -$13,626 | -$13,626 |
| 5,000 BLACKROCK INC. | 2024-09-18 | 2024-09-18 | $4,639,766 | $4,590,625 | $49,141 | $49,141 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $35,515 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $35,515 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,111 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,111 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,111 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,244 | 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 | $18,244 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $13,133 | OverpaymentAmt |
| Applied To ES Tax | $13,133 | 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 | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES GROSFELD | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 2488271700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE TOWNE SQUARE SUITE 1600 | AddressLine1Txt |
| City | SOUTHFIELD | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48076 | 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| JAMES GROSFELD | ||||||||
| ONE TOWN SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | PRESIDENT & TREASURER | 0.00 | $0 | $0 | $0 |
| NANCY GROSFELD | ||||||||
| ONE TOWN SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | VICE PRES. & SECRETARY | 0.00 | $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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ARONSON RESOURCES LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1838 HARTLAND WOODS | AddressLine1Txt |
| City | HOWELL | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48843 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | PHILANTHROPIC CONSULTNG FEE | ServiceTypeTxt |
| Compensation | $60,000 | CompensationAmt |
| 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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $8,027,756 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $8,027,756 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $8,027,756 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $120,416 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $7,907,340 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $395,367 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $395,367 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,111 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,111 | TotalTaxAmt |
| Distributable Before Adj | $390,256 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $390,256 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $390,256 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,459,123 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $5,459,123 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $390,256 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,711,742 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $3,333,348 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $5,624,120 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,696,297 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $5,802 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $15,371,309 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,459,123 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $390,256 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,068,867 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $20,440,176 | 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 | $3,711,742 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $16,728,434 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $3,333,348 | ExcessFromYear4Amt |
| Excess From Year3 | $5,624,120 | ExcessFromYear3Amt |
| Excess From Year2 | $2,696,297 | ExcessFromYear2Amt |
| Excess From Year1 | $5,802 | ExcessFromYear1Amt |
| Excess From Current Year | $5,068,867 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES GROSFELD | ContributingManagerNm |
| Contributing Manager | NANCY GROSFELD | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (45 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| INTERNATIONAL FELLOWSHIP OF CHRISTIANS AND JEWS | |||||||
| 303 EAST WACKER DRIVE SUITE 2300 | CHICAGO | IL | 60601 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,000 | |
| ALBERT EINSTEIN COLLEGE OF MEDICINE | |||||||
| 1300 MORRIS PARK AVE | BRONX | NY | 10461 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| ALZHEIMER'S ASSOCIATION | |||||||
| 25200 TELEGRAPH ROAD STE 100 | SOUTHFIELD | MI | 48033 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE | |||||||
| 220 E 42ND STREET SUITE 400 | NEW YORK | NY | 10017 | NONE | UNRESTRICTED CHARITABLE GIFT | $650,000 | |
| BIRTHRIGHT ISRAEL FOUNDATION | |||||||
| 711 THIRD AVENUE 10TH FLOOR | NEW YORK | NY | 10017 | NONE | UNRESTRICTED CHARITABLE GIFT | $25,000 | |
| BRILLIANT DETROIT | |||||||
| 5675 LARKINS STREET | DETROIT | MI | 48210 | NONE | UNRESTRICTED CHARITABLE GIFT | $25,000 | |
| CANCER THRIVERS | |||||||
| 6735 TELEGRAPH ROAD SUITE 100 | BLOOMFIELD HILLS | MI | 48301 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| CHABAD ON CAMPUS INTERNATIONAL | |||||||
| 719 EASTERN PARKWAY 1 | BROOKLYN | NY | 11213 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,000 | |
| COLLEGE FOR CREATIVE STUDIES | |||||||
| 201 E KIRBY | DETROIT | MI | 48202 | NONE | UNRESTRICTED CHARITABLE GIFT | $20,000 | |
| DETROIT INSTITUTE OF ARTS | |||||||
| 5200 WOODWARD AVE | DETROIT | MI | 48202 | NONE | UNRESTRICTED CHARITABLE GIFT | $25,000 | |
| DETROIT JEWISH NEWS FOUNDATION | |||||||
| 32255 NORTHWESTERN HIGHWAY SUITE | FARMINGTON HILLS | MI | 48334 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | 205 |
| EQUINE ADVOCATES | |||||||
| PO BOX 354 | CHATHAM | NY | 12037 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,500 | |
| FRIENDS OF THE ISRAEL DEFENSE FORCES (FIDF) | |||||||
| PO BOX 4224 | NEW YORK | NY | 10163 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| GESHER HUMAN SERVICES | |||||||
| 29699 SOUTHFIELD ROAD | SOUTHFIELD | MI | 48076 | NONE | UNRESTRICTED CHARITABLE GIFT | $2,200 | |
| GLOBAL CAMPS AFRICA | |||||||
| 700 12TH STREET STE 88 | LYNCHBURG | VA | 24504 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| HADASSAH | |||||||
| 40 WALL STREET | NEW YORK | NY | 10005 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,000 | |
| HCAT (HAMTRAMCK CAT ASSISTANCE TEAM) | |||||||
| 2275 FLORIAN | HAMTRAMCK | MI | 48212 | NONE | UNRESTRICTED CHARITABLE GIFT | $40,000 | |
| JARC | |||||||
| 6735 TELEGRAPH ROAD SUITE 100 | BLOOMFIELD HILLS | MI | 48301 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| JEWISH FEDERATION OF METRO DETROIT | |||||||
| 6735 TELEGRAPH ROAD | BLOOMFIELD HILLS | MI | 48303 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,398,095 | |
| JEWISH FEDERATION OF PALM BEACH COUNTY | |||||||
| 1 HARVARD CIRCLE SUITE 100 | WEST PALM BEACH | FL | 33409 | NONE | UNRESTRICTED CHARITABLE GIFT | $17,000 | |
| JEWISH HISTORICAL SOCIETY OF MICHIGAN | |||||||
| 33228 WEST 12 MILE ROAD SUITE 349 | FARMINGTON HILLS | MI | 48334 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| JEWISH HOSPICE AND CHAPLAINCY NETWORK | |||||||
| 6555 WEST MAPLE ROAD | WEST BLOOMFIELD | MI | 48322 | NONE | UNRESTRICTED CHARITABLE GIFT | $250,000 | |
| JEWISH SENIOR LIFE | |||||||
| 6710 WEST MAPLE ROAD | WEST BLOOMFIELD | MI | 48322 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| JOHNS HOPKINS | |||||||
| 550 NORTH BROADWAY SUITE 722 | BALTIMORE | MD | 21205 | NONE | UNRESTRICTED CHARITABLE GIFT | $100,000 | |
| KARMANOS CANCER INSTITUTE | |||||||
| 4100 JOHN R | DETROIT | MI | 48201 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| KEEP A BREAST FOUNDATION | |||||||
| 7168 MOHAWK TRAIL | YUCCA VALLEY | CA | 92284 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| KRAVIS CENTER FOR THE PERFORMING ARTS | |||||||
| 701 OKEECHOBEE BLVD | WEST PALM BEACH | FL | 33401 | NONE | UNRESTRICTED CHARITABLE GIFT | $12,500 | |
| LITTLE TRAVERSE BAY HUMANE SOCIETY | |||||||
| 1300 WEST CONWAY ROAD | HARBOR SPRINGS | MI | 49740 | NONE | UNRESTRICTED CHARITABLE GIFT | $500 | |
| LUBAVITCH CHEDER ZEKELMAN CAMPUS | |||||||
| 14100 WEST NINE MILE ROAD | OAK PARK | MI | 48237 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| MICHIGAN JEWISH SPORTS FOUNDATION | |||||||
| 6632 TELEGRAPH ROAD SUITE 304 | BLOOMFIELD HILLS | MI | 48301 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| MICHIGAN PARKINSON FOUNDATION | |||||||
| 30400 TELEGRAPH ROAD SUITE 150 | BINGHAM FARMS | MI | 48025 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| MICHIGAN STATE UNIVERSITY | |||||||
| 1355 BOGUE STREET ROOM A216 | EAST LANSING | MI | 48824 | NONE | UNRESTRICTED CHARITABLE GIFT | $600,000 | |
| MOUNT SINAI MEDICAL CENTER FOUNDATION | |||||||
| 4300 ALTON ROAD ASCHER BUILDING 100 | MIAMI BEACH | FL | 33140 | NONE | UNRESTRICTED CHARITABLE GIFT | $200,000 | |
| MSU HILLEL | |||||||
| 360 CHARLES STREET | EAST LANSING | MI | 48823 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| NATIONAL CENTER FOR LAW AND ECONOMIC JUSTICE | |||||||
| 50 BROADWAY STREET SUITE 1500 | NEW YORK | NY | 10004 | NONE | UNRESTRICTED CHARITABLE GIFT | $5,000 | |
| PALM BEACH COUNTRY CLUB FOUNDATION | |||||||
| 760 NORTH OCEAN BOULEVARD | PALM BEACH | FL | 33480 | NONE | UNRESTRICTED CHARITABLE GIFT | $2,000 | |
| PARADISE ANIMAL RESCUE | |||||||
| 2266 NORTH LAPEER ROAD | LAPEER | MI | 48446 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,000 | |
| RIM FOUNDATION | |||||||
| 261 MACK AVENUE SUITE 509 | DETROIT | MI | 48201 | NONE | UNRESTRICTED CHARITABLE GIFT | $111,666 | |
| TEMPLE BETH EL | |||||||
| 7400 TELEGRAPH ROAD | BLOOMFIELD HILLS | MI | 48301 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| TOWN OF PALM BEACH UNITED WAY | |||||||
| 44 COCONUT ROW M201 | PALM BEACH | FL | 33480 | NONE | UNRESTRICTED CHARITABLE GIFT | $2,000 | |
| TRINITY HEALTH OAKLAND | |||||||
| 44405 WOODWARD AVE | PONTIAC | MI | 48341 | NONE | UNRESTRICTED CHARITABLE GIFT | $100,000 | |
| UNITED STATES HOLOCAUST MEMORIAL MUSEUM | |||||||
| 100 RAOUL WALLENBERG PLACE S W | WASHINGTON | DC | 20024 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,000 | |
| UNIVERSITY OF MICHIGAN | |||||||
| 3003 SOUTH STATE STREET SUITE 8000 | ANN ARBOR | MI | 48109 | NONE | UNRESTRICTED CHARITABLE GIFT | $10,000 | |
| YESHIVA BEATH YEHUDAH | |||||||
| PO BOX 2044 | SOUTHFIELD | MI | 48037 | NONE | UNRESTRICTED CHARITABLE GIFT | $1,659,353 | |
| YESHIVA DARCHEI TORAH | |||||||
| 21550 WEST 12 MILE ROAD | SOUTHFIELD | MI | 48076 | NONE | UNRESTRICTED CHARITABLE GIFT | $20,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,391,814 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $333,139 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $333,139 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $333,139 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (7 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|
| JAMES & NANCY GROSFELD | ||||||
| 1 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $856,005 | Yes (X) |
| JAMES & NANCY GROSFELD | ||||||
| 2 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $100,701 | Yes (X) |
| JAMES & NANCY GROSFELD | ||||||
| 3 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $7,390,155 | Yes (X) |
| JAMES & NANCY GROSFELD | ||||||
| 4 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $1,743,570 | Yes (X) |
| JAMES & NANCY GROSFELD | ||||||
| 5 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $437,922 | Yes (X) |
| JAMES & NANCY GROSFELD | ||||||
| 6 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $7,066,800 | Yes (X) |
| JAMES & NANCY GROSFELD | ||||||
| 7 | ONE TOWNE SQUARE SUITE 1600 | SOUTHFIELD | MI | 48076 | $4,590,625 | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (7 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 1,000 BLACKROCK INC. | $856,005 | 2025-08-09 |
| 2 | 119 BLACKROCK INC. | $100,701 | 2024-08-12 |
| 3 | 8,500 BLACKROCK INC. | $7,390,155 | 2024-08-15 |
| 4 | 2,000 BLACKROCK INC. | $1,743,570 | 2024-08-16 |
| 5 | 500 BLACKROCK INC. | $437,922 | 2024-08-23 |
| 6 | 8,000 BLACKROCK INC. | $7,066,800 | 2024-08-27 |
| 7 | 5,000 BLACKROCK INC. | $4,590,625 | 2024-09-18 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amt | $7,309 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $7,309 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SELECT PRIME PREFERRED FUND | StockNm |
| EOY Book Value | $17,108,253 | EOYBookValueAmt |
| EOYFMV | $17,108,253 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE CONTRIBUTIONS | Desc |
| Amt | $300 | Amt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CAPITAL GAINS/LOSSES | Desc |
| Amt | $35,515 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PHILANTHROPIC CONSULTING FEE | CategoryTxt |
| Amt | $60,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $60,000 | DisbursementsCharitablePrpsAmt |