ROLLIN M GERSTACKER FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- ROLLIN M GERSTACKER FOUNDATION (EIN 38-6060276)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-04
- IRS object ID
- 202631249349101448
- Schema version
- 2025v4.0
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Land Schedule2
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases 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 | 2026-05-04T13:03:01-04:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 383133790 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREWS HOOPER PAVLIK PLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5300 GRATIOT RD | AddressLine1Txt |
| City | SAGINAW | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 486386035 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 386060276 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROLLIN M GERSTACKER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ROLL | BusinessNameControlTxt |
| Phone | 9896316097 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1945 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48641 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | WILLIAM C LAUDERBACH | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 9896316097 | PhoneNum |
| Signature | 2026-04-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN B HUNT | PreparerPersonNm |
| PTIN | P01830636 | PTIN |
| Phone | 9894975300 | PhoneNum |
| Preparation | 2026-04-13 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | 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 | $222,735,364 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $4,171,828 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,175,986 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $13,277,719 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $84,543,360 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $12,952,893 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,251 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $17,462,798 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $17,128,879 | TotalNetInvstIncmAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $167,507 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $167,507 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $13,597 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $6,799 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $6,798 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $64,951 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $32,475 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $32,476 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,255,734 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,255,734 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $269,146 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $28,859 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $21,287 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $45,783 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $76,243 | OccupancyRevAndExpnssAmt |
| Occupancy Dsbrs Chrtbl | $76,243 | OccupancyDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $706,935 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $29,851 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $349,770 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $2,599,896 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $1,353,718 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $654,081 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,917,720 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,917,720 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $12,517,616 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $1,353,718 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,571,801 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,945,182 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $15,775,161 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $11,886,648 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $7,299,651 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $7,299,651 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $17,998,907 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $16,957,079 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $16,997,579 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $91,548,893 | CorporateStockBOYAmt |
| Corporate Stock EOY | $103,853,196 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $180,838,421 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $10,489,381 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $12,333,166 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $13,068,943 | CorporateBondsEOYFMVAmt |
| Invst Land Cost Or Other Basis | $205,612 | InvstLandCostOrOtherBasisAmt |
| Land Bldg Investments BOY | $205,612 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $205,612 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $205,612 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $7,061,547 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,559,226 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,573,226 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $1,067,619 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $366,868 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $887,572 | LandBOYAmt |
| Land EOY | $700,751 | LandEOYAmt |
| Land EOYFMV | $700,751 | LandEOYFMVAmt |
| Other Assets EOY | $51,181 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $51,181 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $140,078,560 | TotalAssetsBOYAmt |
| Total Assets EOY | $144,959,862 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $222,735,364 | TotalAssetsEOYFMVAmt |
| Grants Payable BOY | $8,546,809 | GrantsPayableBOYAmt |
| Grants Payable EOY | $9,664,309 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $63,880 | OtherLiabilitiesBOYAmt |
| Total Liabilities BOY | $8,610,689 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $9,664,309 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $131,467,871 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $135,295,553 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $131,467,871 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $135,295,553 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $140,078,560 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $144,959,862 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $131,467,871 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,945,182 | ExcessRevenueOverExpensesAmt |
| Subtotal | $136,413,053 | SubtotalAmt |
| Other Decreases | $1,117,500 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $135,295,553 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $84,543,360 | $71,265,641 | $13,277,719 | $13,277,719 |
| K-1S | P | $324,826 | -$324,826 | -$324,826 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $12,952,893 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $219,275 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $219,275 | SubtotalAmt |
| Tax Based On Investment Income | $219,275 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $275,000 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $275,000 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $55,725 | OverpaymentAmt |
| Applied To ES Tax | $55,725 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | MI | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.GERSTACKERFOUNDATION.ORG | WebsiteAddressTxt |
| Individual With Books | RUTH WRIGHT GRANTS ADMINISTRATOR | IndividualWithBooksNm |
| Phone | 9896316097 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 812 W MAIN STREET | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48640 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (13 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 |
|---|---|---|---|---|---|---|---|---|
| GAIL E LANPHEAR | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 1.15 | $0 | $0 | $0 |
| LISA J GERSTACKER | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | CO-PRES &CEO | 7.69 | $0 | $0 | $0 |
| WILLIAM D SCHUETTE | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | CO-PRES &CEO | 7.69 | $0 | $0 | $0 |
| WILLIAM C LAUDERBACH | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TREASURER | 4.81 | $0 | $0 | $0 |
| THOMAS L LUDINGTON | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | SECRETARY | 1.54 | $0 | $0 | $0 |
| HOWARD I UNGERLEIDER | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 1.54 | $0 | $0 | $0 |
| WILLIAM S STAVROPOULOS | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 0.58 | $0 | $0 | $0 |
| LAURIE G BOUWMAN | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | CHAIRPERSON | 1.92 | $0 | $0 | $0 |
| WILLIAM G SCHUETTE | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 0.35 | $0 | $0 | $0 |
| KATHARINE R RICE | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 0.46 | $0 | $0 | $0 |
| AMANDA R BOUWMAN | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 0.35 | $0 | $0 | $0 |
| JW FISHER | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 0.58 | $0 | $0 | $0 |
| HEIDI SCHUETTE SHERRY | ||||||||
| PO BOX 1945 | MIDLAND | MI | 48641 | TRUSTEE | 0.23 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| WELLS FARGO | |||||
| 80 STATE STREET | ALBANY | NY | 12207 | INVEST SERVICES | $831,055 |
| WILLIAM BLAIR & CO | |||||
| 222 WEST ADAMS STREET | CHICAGO | IL | 60606 | INVEST SERVICES | $324,819 |
| CAPITAL GUARDIAN TRUST CO | |||||
| 333 SOUTH HOPE STREET | LOS ANGELES | CA | 90071 | INVEST SERVICES | $91,534 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $218,977,009 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $85,955 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,937 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $219,066,901 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $219,066,901 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $3,286,004 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $215,780,897 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $10,789,045 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $10,789,045 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $219,275 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $219,275 | TotalTaxAmt |
| Distributable Before Adj | $10,569,770 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $10,569,770 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $10,569,770 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,571,801 | ExpensesAndContributionsAmt |
| Charitable Assets Acquis Paid | $38,188 | CharitableAssetsAcquisPaidAmt |
| Qualifying Distributions | $10,609,989 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $10,569,770 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $9,876,268 | UndistributedIncomePYAmt |
| Qualifying Distributions | $10,609,989 | QualifyingDistributionsAmt |
| Applied To Year1 | $9,876,268 | AppliedToYear1Amt |
| Applied To Current Year | $733,721 | AppliedToCurrentYearAmt |
| Undistributed Income CY | $9,836,049 | UndistributedIncomeCYAmt |
Supplementary Information SupplementaryInformationGrp
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | RUTH WRIGHT GRANTS ADMINISTRATOR | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | THE ROLLIN M GERSTACKER FOUNDATION | AddressLine1Txt |
| Address Line2 | 812 W MAIN | AddressLine2Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48640 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 9896316097 | RecipientPhoneNum |
| Form And Info And Materials | ORGANIZATIONS REQUESTING FUNDS MUST QUALIFY UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AS OTHER THAN A PRIVATE FOUNDATION WITH PROOF THEREOF SUBMITTED WITH A WRITTEN REQUEST FOR FUNDS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | APPLICATIONS SHOULD BE SUBMITTED ELECTRONICALLY THROUGH GERSTACKERFOUNDATION.ORG PRIOR TO MARCH 1, J | SubmissionDeadlinesTxt |
| Restrictions On Awards | MOST OF THE RESOURCES OF THE FOUNDATION ARE USED TO SUPPORT A BASIC GROUP OF INSTITUTIONS, PRIMARILY IN THE MIDLAND AREA. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1945 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48641 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusCd |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $9,917,720 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,917,720 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 1945 | AddressLine1Txt |
| City | MIDLAND | CityNm |
| State Abbreviation | MI | StateAbbreviationCd |
| ZIP | 48641 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusCd |
| Grant Or Contribution Purpose | VARIOUS | GrantOrContributionPurposeTxt |
| Amt | $6,470,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $6,470,000 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,175,986 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $12,952,893 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALLIANCEBERNSTEIN HOLDING | Desc |
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $13,251 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $13,251 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $17,128,879 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $17,142,130 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ANDREWS HOOPER PAVLIK | CategoryTxt |
| Amt | $64,951 | Amt |
| Net Investment Income | $32,475 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $32,476 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (79 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt |
|---|---|---|---|---|---|---|
| UNDERDRAIN | 2012-10-11 | $114,000 | $46,550 | S/L | 30.0000 | $3,800 |
| COPPER GUTTERS | 2013-02-06 | $27,120 | $10,773 | S/L | 30.0000 | $904 |
| PAINTING | 2013-02-06 | $16,855 | $16,738 | S/L | 12.0000 | $117 |
| DOORS & WINDOWS | 2013-02-06 | $6,230 | $2,475 | S/L | 30.0000 | $207 |
| DEHUMIDIFIER-BASEMENT | 2013-02-06 | $6,700 | $6,653 | S/L | 12.0000 | $47 |
| WATERPROOF PLANT DECK | 2013-02-06 | $3,510 | $1,394 | S/L | 30.0000 | $117 |
| PARK & NORTH RETAINING WALL | 2013-02-06 | $20,050 | $7,964 | S/L | 30.0000 | $669 |
| SOFFIT | 2013-09-03 | $2,700 | $1,020 | S/L | 30.0000 | $90 |
| HAND RAILS | 2013-09-03 | $4,500 | $1,700 | S/L | 30.0000 | $150 |
| LANDSCAPING/PAVING | 2013-09-03 | $44,902 | $25,444 | S/L | 20.0000 | $2,246 |
| DUCT WORK | 2013-09-03 | $11,500 | $4,344 | S/L | 30.0000 | $384 |
| SOUTH RETAINING WALL | 2013-09-03 | $39,642 | $14,976 | S/L | 30.0000 | $1,321 |
| LOWER LEVEL FLOORING | 2013-09-03 | $870 | $329 | S/L | 30.0000 | $29 |
| BATHROOM | 2013-09-03 | $3,710 | $1,402 | S/L | 30.0000 | $123 |
| BRASS PLATE, BROWN SWITCHES, & ALMOND OUTLETS | 2013-05-15 | $9,320 | $3,624 | S/L | 30.0000 | $311 |
| LOBBY FURNITURE/DECORATIONS | 2013-05-30 | $27,599 | $26,641 | S/L | 12.0000 | $958 |
| ETCHED GLASS LIGHTS BEHIND GARAGE DOOR | 2013-07-10 | $2,860 | $2,741 | S/L | 12.0000 | $119 |
| 3 LED LIGHTS BY FRONT DOOR | 2013-09-05 | $1,630 | $1,540 | S/L | 12.0000 | $90 |
| ARTWORK | 2013-09-11 | $2,870 | $2,711 | S/L | 12.0000 | $159 |
| LED LAMPS & LIGHTING | 2013-05-22 | $1,065 | $1,028 | S/L | 12.0000 | $37 |
| WINDOWS | 2014-09-10 | $10,800 | $3,720 | S/L | 30.0000 | $360 |
| ARCHITECTURAL BLOCK WALL | 2016-03-17 | $37,474 | $10,930 | S/L | 30.0000 | $1,249 |
| FIRE SUPPRESSION SYSTEM UPDATE | 2015-02-18 | $5,640 | $1,849 | S/L | 30.0000 | $188 |
| REPAIR & PAINT CANDLE SYSTEMS | 2015-12-22 | $5,494 | $4,120 | S/L | 12.0000 | $458 |
| REPAIR ROOF, WINDOW, AND STUCCO | 2016-06-06 | $13,878 | $9,927 | S/L | 12.0000 | $1,156 |
| REMODEL CONFERENCE ROOM | 2016-12-14 | $46,711 | $12,586 | S/L | 30.0000 | $1,557 |
| REPAIR - REPLACE ROOF-BRANDLE ROOFING | 2017-09-20 | $75,235 | $18,182 | S/L | 30.0000 | $2,508 |
| CEILING INTERIOR & EXTERIOR SOFFIT REPAIR-CCN | 2017-10-19 | $17,800 | $4,252 | S/L | 30.0000 | $594 |
| PAINT INTERIOR BUILDING &RETAINING WALL-ESTEP | 2017-10-10 | $7,327 | $4,427 | S/L | 12.0000 | $610 |
| (2) LOCHINVAR BOILERS-J & D PLUMBING &HEATING | 2017-10-10 | $21,000 | $5,075 | S/L | 30.0000 | $700 |
| CHIMNEY REPAIRS-LAKE PAINTING | 2017-10-17 | $1,285 | $767 | S/L | 12.0000 | $107 |
| COMMUNICATIONS SYSTEM-J&D PLUMBING & HEATING | 2018-01-04 | $1,420 | $828 | S/L | 12.0000 | $119 |
| ALARM-BLASY ELECTRIC | 2018-01-29 | $2,500 | $1,441 | S/L | 12.0000 | $208 |
| CONFERENCE ROOM LIGHTING-BLASY | 2018-03-09 | $3,687 | $2,100 | S/L | 12.0000 | $307 |
| CONCRETE APRON & DRAIN IN FRONT OF GARGE | 2018-08-01 | $2,050 | $658 | S/L | 20.0000 | $102 |
| 116 REVERE, MIDLAND MI | 2019-02-21 | $179,227 | ||||
| GRUNDFOSS PUMP-J&D | 2019-01-14 | $6,577 | $3,288 | S/L | 12.0000 | $549 |
| CAST IRON TOILET FLANGE-J&D | 2019-02-14 | $3,984 | $1,964 | S/L | 12.0000 | $332 |
| FIRE ALARM SYSTEM - BLASY ELECTRIC | 2019-05-07 | $2,960 | $1,398 | S/L | 12.0000 | $246 |
| GUTTER GUARDS - BRANDLE ROOFING | 2019-06-19 | $3,200 | $1,467 | S/L | 12.0000 | $266 |
| 9 ANDERSON WINDOWS-LIVING ROOM-RICK BOOTH | 2019-09-23 | $14,669 | $2,567 | S/L | 30.0000 | $489 |
| INTERIOR PAINTING - ESTEP PAINTING CO | 2020-08-18 | $10,165 | $3,671 | S/L | 12.0000 | $847 |
| BATHROOM IMPROVEMENTS - THREE RIVERS | 2020-12-08 | $13,579 | $4,621 | S/L | 12.0000 | $1,131 |
| INDIRECT LIGHTING-BLASY ELECTRIC | 2021-01-14 | $1,713 | $571 | S/L | 12.0000 | $143 |
| RELOCATE DATAT LINE-BLASY ELECTRIC | 2021-01-25 | $2,990 | $976 | S/L | 12.0000 | $249 |
| OFFICE PAINTING-RYAL'S PAINTING | 2021-04-07 | $26,874 | $8,398 | S/L | 12.0000 | $2,240 |
| OFFICE LIGHTING-RUTH ANNE - BLASY | 2021-05-03 | $4,198 | $1,283 | S/L | 12.0000 | $350 |
| A/C CHILLER BOARD - J&D PLUMBING | 2021-07-13 | $8,314 | $2,425 | S/L | 12.0000 | $693 |
| EXTERIOR PAINTING-RYAL'S PAINTING LLC | 2021-08-24 | $9,642 | $2,678 | S/L | 12.0000 | $804 |
| SIDEWALK REPLACEMENT - THREE RIVERS | 2021-09-13 | $2,520 | $420 | S/L | 20.0000 | $126 |
| WEST RETAINING WALL REFURBISH - THREE RIVERS | 2021-09-30 | $108,900 | $11,798 | S/L | 30.0000 | $3,630 |
| 2ND BATHROOM RE-MODEL | 2022-09-29 | $15,088 | $1,572 | STRAIGHT LINE | 12.0000 | |
| NEW GARAGE FLOOR-DEPOSIT | 2022-12-01 | $64,904 | $2,290 | STRAIGHT LINE | 30.0000 | |
| COPPER FLASHING | 2022-10-05 | $4,100 | $427 | STRAIGHT LINE | 12.0000 | |
| PREP AND PAINTING GARAGE INTERIOR | 2023-05-09 | $3,427 | $190 | STRAIGHT LINE | 12.0000 | |
| OUTDOOR STAT AND SENSOR FOR BASE BO | 2023-05-11 | $1,937 | $108 | STRAIGHT LINE | 12.0000 | |
| ELECTRICAL PANEL | 2023-07-01 | $1,429 | $60 | STRAIGHT LINE | 12.0000 | |
| PAINTING STORAGE ROOM | 2023-08-01 | $3,561 | $124 | STRAIGHT LINE | 12.0000 | |
| PAINTING GARAGE FLOOR AND DOORS | 2023-10-10 | $1,924 | $40 | STRAIGHT LINE | 12.0000 | |
| CONVERTING BATHROOM HEATER | 2023-11-07 | $3,408 | $47 | STRAIGHT LINE | 12.0000 | |
| HOT WATER HEATER IN GARAGE | 2023-11-07 | $7,095 | $99 | STRAIGHT LINE | 12.0000 | |
| 2ND BATHROOM RE-MODEL | 2022-09-29 | $15,088 | $2,829 | S/L | 12.0000 | $1,257 |
| NEW GARAGE FLOOR | 2022-12-01 | $64,904 | $4,507 | S/L | 30.0000 | $2,164 |
| COPPER FLASHING | 2022-10-05 | $4,100 | $769 | S/L | 12.0000 | $341 |
| PREP AND PAINTING GARAGE INTERIOR | 2023-05-09 | $3,426 | $476 | S/L | 12.0000 | $285 |
| OUTDOOR STAT AND SENSOR FOR BASE BOARD | 2023-05-11 | $1,937 | $269 | S/L | 12.0000 | $161 |
| ELECTRICAL PANEL | 2023-07-01 | $1,429 | $179 | S/L | 12.0000 | $119 |
| PAINTING STORAGE ROOM | 2023-08-01 | $3,561 | $420 | S/L | 12.0000 | $297 |
| PAINTING GARAGE FLOOR AND DOORS | 2023-10-10 | $1,924 | $200 | S/L | 12.0000 | $161 |
| CONVERTING BATHROOM HEATER | 2023-11-07 | $3,408 | $331 | S/L | 12.0000 | $284 |
| HOT WATER HEATER IN GARAGE | 2023-11-07 | $7,095 | $690 | S/L | 12.0000 | $591 |
| LEAF GUARD BRACKETS | 2024-05-13 | $2,700 | $150 | S/L | 12.0000 | $225 |
| EXTERIOR WINDOWS | 2024-06-11 | $5,380 | $262 | S/L | 12.0000 | $448 |
| DRIVEWAY REPLACEMENT | 2024-08-26 | $94,260 | $1,571 | S/L | 20.0000 | $4,713 |
| GARAGE DOOR/BATHROOM DOOR PAINTED | 2025-05-28 | $6,262 | S/L | 12.0000 | $304 | |
| CHILLER CONTROL BOARD | 2025-08-05 | $3,276 | S/L | 12.0000 | $114 | |
| SHED ROOF | 2025-12-09 | $20,580 | S/L | 30.0000 | $57 | |
| DECK DRAIN | 2025-12-09 | $8,070 | S/L | 30.0000 | $22 | |
| MISC ROUNDING | $44 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | SEE ATTACHED STMTS | BondNm |
| EOY Book Value | $12,333,166 | EOYBookValueAmt |
| EOYFMV | $13,068,943 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | SEE ATTACHED STMTS | StockNm |
| EOY Book Value | $103,853,196 | EOYBookValueAmt |
| EOYFMV | $180,838,421 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $16,957,079 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $16,997,579 | USGovtObligationsEOYFMVAmt |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | PROPERTY | CategoryOrItemTxt |
| Cost Or Other Basis | $205,612 | CostOrOtherBasisAmt |
| Book Value | $205,612 | BookValueAmt |
| EOYFMV | $205,612 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE ATTACHED STMTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $3,559,226 | BookValueAmt |
| EOYFMV | $3,573,226 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | LAND, BUILDING, & EQUIPMENT | CategoryOrItemTxt |
| Cost Or Other Basis | $1,067,619 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $366,868 | AccumulatedDepreciationAmt |
| Book Value | $700,751 | BookValueAmt |
| EOYFMV | $700,751 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INDIRECT LEGAL FEES | CategoryTxt |
| Legal Fees | $13,597 | LegalFeesAmt |
| Net Investment Income | $6,799 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,798 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PREPAID FEDERAL EXCISE TAXES | Desc |
| EOY Book Value | $51,181 | EOYBookValueAmt |
| EOYFMV | $51,181 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN GRANTS PAYABLE | Desc |
| Amt | $1,117,500 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| EXPENSES | |||
| MISC. EXPENSES | $339,327 | $339,327 | |
| INSURANCE | $10,443 | $10,443 | |
| LOSS FROM K-1S | $357,165 | $29,851 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | ALLIANCEBERNSTEIN HOLDING | Desc |
| Revenue And Expenses Per Books | $13,251 | RevenueAndExpensesPerBooksAmt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FEDERAL EXCISE TAX PAYABLE | Desc |
| BOY Book Value | $63,880 | BOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| CAPITAL GUARDIAN FEES | $91,534 | $91,534 |
| WELLS FARGO FEES | $831,055 | $831,055 |
| WM BLAIR ACCT ADVISORY FEES | $324,819 | $324,819 |
| HUNTINGTON BANK FEES | $8,326 | $8,326 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| PROPERTY TAXES | $8,373 | $8,373 | |
| PAYROLL TAXES | $12,914 | $12,914 | |
| FOREIGN TAXES | $28,859 | $28,859 | |
| EXCISE TAXES | $219,000 |