Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation
Note. The foundation may be able to use a copy of this return to satisfy state reporting requirements.
OMB No. 1545-0052
2010
For calendar year 2010, or tax year beginning 01-01-2010 , and ending 12-31-2010
G
Check all that apply:
Name of foundation
WILLIAM C FORD JR SCHOLARSHIP PROGRAM
 

Number and street (or P.O. box number if mail is not delivered to street address)1901 ST ANTOINE 6TH FLOOR FORDFIELDRoom/suite
City or town, state, and ZIP code
DETROIT, MI48226
A Employer identification number

20-2462203
B Telephone number (see page 10 of the instructions)

(313) 259-7777
C bullet
D 1. bullet
H Check type of organization:
2. bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$1,617,325
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
E bullet
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see page 11 of the instructions).) (a) Revenue and
expenses per
books
(b) Net investment
income
(c) Adjusted net
income
(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 8,079
2 Check bullet
3 Interest on savings and temporary cash investments 1,697 1,697  
4 Dividends and interest from securities...... 25,711 25,711  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,030,131
b Gross sales price for all assets on line 6a 2,102,258
7 Capital gain net income (from Part IV, line 2)... 1,030,131
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... 870 0  
12 Total. Add lines 1 through 11........ 1,066,488 1,057,539  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 9,064 4,532   4,532
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see page 14 of the instructions) 21,186 139   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 10,237 527   9,710
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 40,487 5,198   14,242
25 Contributions, gifts, grants paid........ 294,000 294,000
26 Total expenses and disbursements. Add lines 24 and 25 334,487 5,198   308,242
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 732,001
b Net investment income (if negative, enter -0-) 1,052,341
c Adjusted net income (if negative, enter -0-)...  
For Privacy Act and Paperwork Reduction Act Notice, see page 30 of the instructions.
Cat. No. 11289X Form 990-PF (2010)
Form 990-PF (2010)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............... 238,172 97,484 97,484
2 Savings and temporary cash investments..........      
3 Accounts receivable bullet842
Less: allowance for doubtful accounts bullet     842 842
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see page 15 of the
instructions)....................      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 449,199 Click to see attachment427,617 532,048
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 0 Click to see attachment913,606 986,951
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 687,371 1,439,549 1,617,325
Liabilities 17 Accounts payable and accrued expenses..........   20,177
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).......... 0 20,177
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 687,371 1,732,996
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 0 -313,624
30 Total net assets or fund balances (see page 17 of the
instructions).................... 687,371 1,419,372
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 687,371 1,439,549
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 687,371
2 Enter amount from Part I, line 27a...................... 2 732,001
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 1,419,372
5 Decreases not included in line 2 (itemize) bullet 5 0
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30.. 6 1,419,372
Form 990-PF (2010)
Form 990-PF (2010)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b) How acquired
P—Purchase
D—Donation
(c) Date acquired
(mo., day, yr.)
(d) Date sold
(mo., day, yr.)
1 a COMERICA BANK - ICIA - PUBLICLY TRADED SECURITIES P    
b COMERICA BANK - ICIA - PUBLICLY TRADED SECURITIES P    
c COMERICA BANK - RHB - PUBLICALY TRADED SECURITIES P    
d COMERICA BANK - RHB - PUBLICALY TRADED SECURITIES P    
e CAPITAL GAINS DIVIDENDS P    
(e) Gross sales price (f) Depreciation allowed
(or allowable)
(g) Cost or other basis
plus expense of sale
(h) Gain or (loss)
(e) plus (f) minus (g)
a 120,000   112,236 7,764
b 996,364   8,079 988,285
c 932,404   910,762 21,642
d 46,075   41,050 5,025
e 7,415     7,415
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69
(k) Excess of col. (i)
over col. (j), if any
a       7,764
b       988,285
c       21,642
d       5,025
e       7,415
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,030,131
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see pages 13 and 17 of the instructions).
If (loss), enter -0- in Part I, line 8 . . . . . . . . . . . . .
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If “Yes,” the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2009 255,915 876,353 0.292023
2008 260,162 1,109,696 0.234444
2007 223,393 1,302,643 0.171492
2006 375,153 1,433,597 0.261687
2005 507,142 1,044,749 0.485420
2 Total of line 1, column (d) ...................... 2 1.445066
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years
. . .
3 0.289013
4 Enter the net value of noncharitable-use assets for 2010 from Part X, line 5..... 4 1,086,763
5 Multiply line 4 by line 3....................... 5 314,089
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 10,523
7 Add lines 5 and 6......................... 7 324,612
8 Enter qualifying distributions from Part XII, line 4.............. 8 308,242
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions on page 18.
Form 990-PF (2010)
Form 990-PF (2010)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A” on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 21,047
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2............................ 3 21,047
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 21,047
6 Credits/Payments:
a 2010 estimated tax payments and 2009 overpayment credited to 2010 6a 870
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 870
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 20,177
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2011 estimated taxBullet   Refunded Bullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?.............................
1b
 
No
If the answer is “Yes” to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If “Yes,” attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If “Yes,” attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If “Yes,” has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If “Yes,” attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If “Yes,” complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see page 19 of the
    instructions)bulletMI
    b
    If the answer is “Yes” to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If “No,” attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2010 or the taxable year beginning in 2010 (see instructions for Part XIV on
    page 27)? If “Yes,” complete Part XIV...........................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If “Yes,” attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see page 20 of the instructions) .......
    11
     
    No
    12
    Did the foundation acquire a direct or indirect interest in any applicable insurance contract before August 17, 2008?
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletRODNEY P WOOD Telephone no.bullet (313) 961-0500
    Located atbullet2000 BRUSH STREET SUITE 440DETROITMI ZIP+4bullet48226
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16
    At any time during calendar year 2010, did the foundation have an interest in or a signature or other authority over
    a bank, securities, or other financial account in a foreign country? .................
    16
     
    No
    See page 20 of the instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the foreign country bullet  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the “Yes” column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check “No”
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is “Yes” to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
    Yes
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2010?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2010, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2010?...............
    If “Yes,” list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer “No” and attach statement—see page 20 of the instructions.) .........
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business
    enterprise at any time during the year?.....................
    b
    If “Yes,” did it have excess business holdings in 2010 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2010.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2010?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see page 22 of the instructions)...
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is “Yes” to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see page 22 of the instructions)?
    5b
     
    No
    .........bullet
    c
    If the answer is “Yes” to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If “Yes,” attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay
    premiums on a personal benefit contract?....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If “Yes” to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see page 22 of the instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to
    employee benefit plans
    and deferred compensation
    (e) Expense account,
    other allowances
    WILLIAM C FORD JR PRESIDENT
    1.00
    0 0 0
    2000 BRUSH STREET STE 440
    DETROIT,MI48226
    DAVID M HEMPSTEAD SECRETARY
    1.00
    0 0 0
    1901 ST ANTOINE STREET 6TH FL
    DETROIT,MI48226
    JAMES G VELLA TREASURER
    1.00
    0 0 0
    2000 BRUSH STREET STE 440
    DETROIT,MI48226
    2 Compensation of five highest-paid employees (other than those included on line 1—see page 23 of the instructions).
    If none, enter “NONE.”
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    3 Five highest-paid independent contractors for professional services (see page 23 of the instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see page 23 of the instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3...........................bullet0
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see page 24 of the instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    914,604
    b
    Average of monthly cash balances.......................
    1b
    188,709
    c
    Fair market value of all other assets (see page 24 of the instructions)............
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,103,313
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) ..............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d..........................
    3
    1,103,313
    4
    Cash deemed held for charitable activities. Enter 1 1⁄2% of line 3 (for greater amount, see page 25
    of the instructions) ............................
    4
    16,550
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,086,763
    6
    Minimum investment return. Enter 5% of line 5...................
    6
    54,338
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    54,338
    2a
    Tax on investment income for 2010 from Part VI, line 5......
    2a
    21,047
    b
    Income tax for 2010. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    21,047
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    33,291
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4.............................
    5
    33,291
    6
    Deduction from distributable amount (see page 25 of the instructions)...........
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1.................................
    7
    33,291
    Part XII
    Qualifying Distributions (see page 25 of the instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    308,242
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes................................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    308,242
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see page 26 of the instructions)............
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4...............
    6
    308,242
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 8
    Part XIII
    Undistributed Income (see page 26 of the instructions)
    (a)
    Corpus
    (b)
    Years prior to 2009
    (c)
    2009
    (d)
    2010
    1 Distributable amount for 2010 from Part XI, line 7 33,291
    2 Undistributed income, if any, as of the end of 2010:
    a Enter amount for 2009 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2010:
    a From 2005....... 489,719
    b From 2006....... 323,301
    c From 2007....... 159,357
    d From 2008....... 204,963
    e From 2009....... 212,185
    fTotal of lines 3a through e......... 1,389,525
    4Qualifying distributions for 2010 from Part
    XII, line 4: bullet$ 308,242
    a Applied to 2009, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see page 26 of the instructions)
    0
    c Treated as distributions out of corpus (Election
    required—see page 26 of the instructions)...
    0
    d Applied to 2010 distributable amount..... 33,291
    e Remaining amount distributed out of corpus 274,951
    5 Excess distributions carryover applied to 2010. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,664,476
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable
    amount—see page 27 of the instructions ...
    0
    e Undistributed income for 2009. Subtract line
    4a from line 2a. Taxable amount—see page 27
    of the instructions ...........
    0
    f Undistributed income for 2010. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2011 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see page 27
    of the instructions) ...........
    0
    8Excess distributions carryover from 2005 not
    applied on line 5 or line 7 (see page 27 of the
    instructions) .............
    489,719
    9Excess distributions carryover to 2011.
    Subtract lines 7 and 8 from line 6a ......
    1,174,757
    10 Analysis of line 9:
    a Excess from 2006.... 323,301
    b Excess from 2007.... 159,357
    c Excess from 2008.... 204,963
    d Excess from 2009.... 212,185
    e Excess from 2010.... 274,951
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 9
    Part XIV
    Private Operating Foundations (see page 27 of the instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2010, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2010 (b) 2009 (c) 2008 (d) 2007
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ....
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets” alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment” alternative test— enter 2⁄3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support” alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see page 27 of the instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    WILLIAM C FORD JR
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    SCHOLARSHIP AMERICA WILLIAM C FORD
    PO BOX 297
    SAINT PETER,MN56082
    (800) 537-4180
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICATION FORMS ARE AVAILABLE FROM SCHOLARSHIP AMERICA.
    cAny submission deadlines:
    JULY 1 FOR SCHOLARSHIPS TO BE AWARDED THE FOLLOWING SEPTEMBER.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE APPLICATION FORM FOR LIMITATIONS.
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    KATELYN M ABELL
    1082 MANDERLY
    MILFORD,MI48381
    NONE N/A SCHOLARSHIP 1,500
    AMY M AFONSO
    9918 HUBBARD
    LIVONIA,MI48150
    NONE N/A SCHOLARSHIP 1,500
    VARUN P ANNADI
    2794 LONG MEADOW LANE
    ROCHESTER HILLS,MI48307
    NONE N/A SCHOLARSHIP 1,500
    SYDNEY ARCHER
    350 PINESTRAW CIRCLE
    ALTAMONTE SPRINGS,FL32714
    NONE N/A SCHOLARSHIP 1,500
    ELIZABETH C BARTEK
    49036 QUAIL RUN DRIVE
    PLYMOUTH,MI48170
    NONE N/A SCHOLARSHIP 1,500
    HASSAN R BAZZI
    10430 MORROSS
    DEARBORN,MI48126
    NONE N/A SCHOLARSHIP 1,500
    JACOB C BEE
    38614 AVONDALE
    WESTLAND,MI48186
    NONE N/A SCHOLARSHIP 1,500
    JILL C BEHRMAN
    668 PINEHURST DRIVE
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    COURTNEY H BELLIKKA
    7585 SCULLY ROAD
    DEXTER,MI48130
    NONE N/A SCHOLARSHIP 1,500
    ABHINEETH BHAT
    25062 TODDY LANE
    FARMINGTON,MI48335
    NONE N/A SCHOLARSHIP 1,500
    WALTER C BIBBS
    26241 LAKE SHORE APT 951
    CLEVELAND,OH44132
    NONE N/A SCHOLARSHIP 1,500
    CATHERINE A BLAIR
    8348 GRANITE COURT
    DEXTER,MI48130
    NONE N/A SCHOLARSHIP 1,500
    ALEXANDRA A BOLLAS
    5061 ARROWHEAD ROAD
    WEST BLOOMFIELD,MI48323
    NONE N/A SCHOLARSHIP 1,500
    BRIANNA A BOURGOIN
    2658 PEBBLE BEACH DRIVE
    OAKLAND TOWNSHIP,MI48363
    NONE N/A SCHOLARSHIP 1,500
    CODY R BOUSE
    3069 ROSEFIELD DRIVE
    ANN ARBOR,MI48108
    NONE N/A SCHOLARSHIP 1,500
    DEVIN L BOYD
    400 KERBY STREET APT 203
    ARLINGTON,TX76013
    NONE N/A SCHOLARSHIP 1,500
    KIRSTIE L BOYKIN
    24015 CREEKSIDE
    FARMINGTON HILLS,MI48336
    NONE N/A SCHOLARSHIP 1,500
    BAILEY Q BRANDON
    14911 HIX
    LIVONIA,MI48154
    NONE N/A SCHOLARSHIP 1,500
    STEPHEN M BROWN
    54397 CROWN POINT
    SHELBY TOWNSHIP,MI48316
    NONE N/A SCHOLARSHIP 1,500
    RICHELLE L BUCKLIN
    4418 SHERIDAN
    ROYAL OAK,MI48073
    NONE N/A SCHOLARSHIP 1,500
    EMILY M BUTTIGIEG
    21467 HALL ROAD
    WOODHAVEN,MI48183
    NONE N/A SCHOLARSHIP 1,500
    ASHLEY M BUTZIN
    47150 LAUREN COURT
    BELLEVILLE,MI48111
    NONE N/A SCHOLARSHIP 1,500
    JOSEPH R CADAGIN
    8665 ACORNE AVENUE
    MILAN,MI48160
    NONE N/A SCHOLARSHIP 1,500
    CAITLIN R CALLEJA
    53576 CHRISTY
    CHESTERFIELD,MI48051
    NONE N/A SCHOLARSHIP 1,500
    KAITLYN A CAMPBELL
    48480 HANFORD ROAD
    CANTON,MI48187
    NONE N/A SCHOLARSHIP 1,500
    GRIFFIN D CAPEHART
    14163 HAYES COURT
    PALMYRA,IN47164
    NONE N/A SCHOLARSHIP 1,500
    MEGAN E CARTY
    1543 SHERWOOD COURT
    DEARBORN,MI48124
    NONE N/A SCHOLARSHIP 1,500
    RACHEL L CARUSO
    38576 ANN ARBOR TRAIL
    LIVONIA,MI48150
    NONE N/A SCHOLARSHIP 1,500
    JOSEF J CHARBENEAU
    5935 BOWERS ROAD
    IMLAY CITY,MI48444
    NONE N/A SCHOLARSHIP 1,500
    WILLA A CHEN
    45770 FOUNTAIN VIEW DRIVE
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    JAMES S CHO
    110 OAKWOOD DRIVE
    AVON LAKE,OH44012
    NONE N/A SCHOLARSHIP 1,500
    JAMARI A CLARK
    2265 CHICAGO BOULEVARD
    DETROIT,MI48206
    NONE N/A SCHOLARSHIP 1,500
    SARAH C CLARK
    415 WASHINGTON STREET
    MONROE,MI48161
    NONE N/A SCHOLARSHIP 1,500
    KYLE A COLLINS
    1243 FALCON DRIVE
    TROY,MI48098
    NONE N/A SCHOLARSHIP 1,500
    CHRISTOPHER M CONGEMI
    75 FOREST WOOD COURT
    SPRING HILL,FL34609
    NONE N/A SCHOLARSHIP 1,500
    EMILY E COX
    47096 GLENHURST DRIVE
    CANTON,MI48187
    NONE N/A SCHOLARSHIP 1,500
    CODY A CRAIG
    790 WEBB ROAD
    SIMPSONVILLE,KY40067
    NONE N/A SCHOLARSHIP 1,500
    KEVIN F CUNNINGHAM
    68596 WINGATE DRIVE
    WASHINGTON,MI48095
    NONE N/A SCHOLARSHIP 1,500
    ANTHONY V CURETON JR
    30337 BRADMORE ROAD
    WARREN,MI48092
    NONE N/A SCHOLARSHIP 1,500
    CHELSEA M DALTON
    876 S LOTZ ROAD
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    LESLIE N DAVIES
    25780 SULLIVAN LANE
    NOVI,MI48375
    NONE N/A SCHOLARSHIP 1,500
    MICA M DEBOLT
    8654 SEASCAPE DRIVE
    WEST VANCOUVER,BC  
    CA
    NONE N/A SCHOLARSHIP 1,500
    EMILY M DELISLE
    34073 MAPLE LANE
    STERLING HEIGHTS,MI48312
    NONE N/A SCHOLARSHIP 1,500
    NARA C DEMURO
    17514 FARMCREST LANE
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    JACALYN DEVALUE
    55 LEONARD DRIVE
    WYCKOFF,NJ07481
    NONE N/A SCHOLARSHIP 1,500
    MELINDA R DEWALD
    14840 GOUTZ ROAD
    MONROE,MI48161
    NONE N/A SCHOLARSHIP 1,500
    BRIDGET G DOOLEY
    9433 BRADFORD COURT
    PLYMOUTH,MI48170
    NONE N/A SCHOLARSHIP 1,500
    ERIN E DOWLING
    586 ADELAIDE DRIVE
    SALINE,MI48176
    NONE N/A SCHOLARSHIP 1,500
    KIMBERLY F ECKART
    1352 ARMSTRONG DRIVE
    CHELSEA,MI48118
    NONE N/A SCHOLARSHIP 1,500
    PHILIP J EDDS
    4193 CANEY LANE
    COMMERCE TOWNSHIP,MI48382
    NONE N/A SCHOLARSHIP 1,500
    SAMANTHA L EHLERT
    8952 HANLON AVENUE
    LIVONIA,MI48150
    NONE N/A SCHOLARSHIP 1,500
    LAVONNE A ELLIS
    49260 SONRISA
    BELLEVILLE,MI48111
    NONE N/A SCHOLARSHIP 1,500
    SAKEENA FATIMA
    7833 MORROW CIRCLE W
    DEARBORN,MI48126
    NONE N/A SCHOLARSHIP 1,500
    MOLLY R FLYNN
    44420 WHITE PINE CIRCLE W
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    KATLYN D FOSTER
    9050 STONEHOUSE
    LIVONIA,MI48150
    NONE N/A SCHOLARSHIP 1,500
    JESSICA A FREDERICKS
    144 CEDAR STREET
    WYANDOTTE,MI48192
    NONE N/A SCHOLARSHIP 1,500
    AMY L FRIEDMAN
    7072 TREELINE DRIVE
    WEST BLOOMFIELD,MI48322
    NONE N/A SCHOLARSHIP 1,500
    JAMIE E FURNESS
    6089 WHITE SWAN LANE
    ANN ARBOR,MI48108
    NONE N/A SCHOLARSHIP 1,500
    EVAN C GARDETTO
    12682 SWEITZER ROAD
    CARLETON,MI48117
    NONE N/A SCHOLARSHIP 1,500
    ZACHARY T GAUDETTE
    23516 E RIVER
    GROSSE ILE,MI48138
    NONE N/A SCHOLARSHIP 1,500
    MEGAN T GHASTIN
    7060 FOXCREEK DRIVE
    CANTON,MI48187
    NONE N/A SCHOLARSHIP 1,500
    SAMANTHA G GIORDANO
    20451 OSMUS
    LIVONIA,MI48152
    NONE N/A SCHOLARSHIP 1,500
    JOHN K GOOTEE JR
    3585 DANVILLE HIGHWAY
    LEBANON,KY40033
    NONE N/A SCHOLARSHIP 1,500
    EMILY S GROMES
    501 SE CANTERBURY LANE
    LEES SUMMIT,MO64063
    NONE N/A SCHOLARSHIP 1,500
    LINDSEY C GUSTAFSON
    13104 ARMSTRONG ROAD
    SOUTH ROCKWOOD,MI48179
    NONE N/A SCHOLARSHIP 1,500
    STEPHANIE L HAMEL
    18347 WOODBURY COURT
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    GRACEANN M HARDIN
    26934 PEPPERWOOD DRIVE
    WOODHAVEN,MI48183
    NONE N/A SCHOLARSHIP 1,500
    ALYSSA M HARPER
    36465 ORCHARD LAKE DRIVE
    NEW BALTIMORE,MI48047
    NONE N/A SCHOLARSHIP 1,500
    NICHOLAS B HARTZEL
    4214 GOTWICK DRIVE
    LAKE ORION,MI48359
    NONE N/A SCHOLARSHIP 1,500
    NICHOLAS D HEWITT
    7987 MESTER
    CHELSEA,MI48118
    NONE N/A SCHOLARSHIP 1,500
    ALLISON E HILTON
    16262 WOODSTREAM DRIVE
    CLINTON TOWNSHIP,MI48038
    NONE N/A SCHOLARSHIP 1,500
    SARA S HLAVATY
    12463 HIBNER ROAD
    HARTLAND,MI48353
    NONE N/A SCHOLARSHIP 1,500
    PATRICE E HOCHEVAR
    307 DROINWICH CIRCLE
    ALLEN,TX75002
    NONE N/A SCHOLARSHIP 1,500
    KELSEY N HOPPER
    3271 INDIAN LAKE ROAD
    OXFORD,MI48370
    NONE N/A SCHOLARSHIP 1,500
    ASHLEY R HOUSTON
    13803 STILLWATER COURT
    LOUISVILLE,KY40299
    NONE N/A SCHOLARSHIP 1,500
    ANDREW C HUFNAGEL
    13000 SCIO CHURCH ROAD
    CHELSEA,MI48118
    NONE N/A SCHOLARSHIP 1,500
    CHRISTINA M HUMPHREYS
    417 VAN REED MANOR DRIVE
    BRANDON,FL33511
    NONE N/A SCHOLARSHIP 1,500
    ERIC A JACOBS
    249 RIVERSIDE DRIVE
    NASHVILLE,TN37206
    NONE N/A SCHOLARSHIP 1,500
    MALORIE L JAKOVAC
    13998 CELERON ISLAND LANE
    GIBRALTAR,MI48173
    NONE N/A SCHOLARSHIP 1,500
    NIKITA N JAMBULINGAM
    6929 CATHEDRAL DRIVE
    BLOOMFIELD,MI48301
    NONE N/A SCHOLARSHIP 1,500
    ANDREA C JARRETT
    2871 ROBAL COURT
    SALINE,MI48176
    NONE N/A SCHOLARSHIP 1,500
    KYLE J KALESSA
    51 BARRY LANE
    NORTHFIELD,OH44067
    NONE N/A SCHOLARSHIP 1,500
    NATALIE R KENNEY
    1835 RUTHERFORD AVENUE
    LOUISVILLE,KY40205
    NONE N/A SCHOLARSHIP 1,500
    AMANDA E KERASTAS
    1691 PARK SIDE COURT
    ANN ARBOR,MI48108
    NONE N/A SCHOLARSHIP 1,500
    PAUL J KING
    7103 BUCKTHORN
    WEST BLOOMFIELD,MI48324
    NONE N/A SCHOLARSHIP 1,500
    ROBERT D KIOSEK
    28491 SHADYLANE DRIVE
    FARMINGTON HILLS,MI48336
    NONE N/A SCHOLARSHIP 1,500
    SARAH R KOLCHINSKY
    31091 HUNTERS WHIP LANE
    FARMINGTON HILLS,MI48331
    NONE N/A SCHOLARSHIP 1,500
    ETHAN J KOOYENGA
    132 LAURA LANE
    THORNTON,IL60476
    NONE N/A SCHOLARSHIP 1,500
    CARLY J KOSKO
    1310 KINGSBURY AVENUE
    DEARBORN,MI48128
    NONE N/A SCHOLARSHIP 1,500
    MELISSA M KOSZTOWNY
    21709 CONNEMARA
    NORTHVILLE,MI48167
    NONE N/A SCHOLARSHIP 1,500
    TODD A KRUSE
    7053 LAKESHORE DRIVE
    CHELSEA,MI48118
    NONE N/A SCHOLARSHIP 1,500
    BRITTANY N KRUTTY
    24227 W 109TH TERRACE
    OLATHE,KS66061
    NONE N/A SCHOLARSHIP 1,500
    ANDREW J KWIECIEN
    219 CHERRY STONE DRIVE
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    JESSICA G LAMONTAGNE
    9411 ALLEN ROAD
    ALLEN PARK,MI48101
    NONE N/A SCHOLARSHIP 1,500
    MATTHEW J LAING
    6982 FOX HILLS ROAD
    CANTON,MI48187
    NONE N/A SCHOLARSHIP 1,500
    KATHERINE A LAPSO
    3835 ROYALTON ROAD
    NORTH ROYALTON,OH44133
    NONE N/A SCHOLARSHIP 1,500
    ABBEY N LARVA
    461 N BEECHWOOD
    STANTON,MI48888
    NONE N/A SCHOLARSHIP 1,500
    BRIAN J LENEAVE
    1911 JOE LANE
    KEARNEY,MO64060
    NONE N/A SCHOLARSHIP 1,500
    JENNY H LI
    3102 WESTLOCH CIRCLE
    YPSILANTI,MI48198
    NONE N/A SCHOLARSHIP 1,500
    JIMMY J LI
    17190 VICTOR DRIVE
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    AMANDA J LIGHT
    14414 NE 137TH STREET
    KEARNEY,MO64060
    NONE N/A SCHOLARSHIP 1,500
    WILLIAM G LIU
    3153 SHAMROCK COURT
    ANN ARBOR,MI48105
    NONE N/A SCHOLARSHIP 1,500
    ETIENNE D LUSSIEZ
    18936 ASPEN DRIVE
    LIVONIA,MI48152
    NONE N/A SCHOLARSHIP 1,500
    MEGAN J MACDONALD
    10475 NADINE
    HUNTINGTON WOODS,MI48070
    NONE N/A SCHOLARSHIP 1,500
    REBECCA S MALINAS
    778 SPRINGFIELD DRIVE
    NORTHVILLE,MI48167
    NONE N/A SCHOLARSHIP 1,500
    DANIELLE Y MANN
    8444 PAWNEE TRAIL
    PINCKNEY,MI48169
    NONE N/A SCHOLARSHIP 1,500
    NIKOLAOS A MAYLE
    419 W CLEVELAND ROAD
    HURON,OH44839
    NONE N/A SCHOLARSHIP 1,500
    COURTNEY K MCINTIRE
    2006 JOE LANE
    KEARNEY,MO64060
    NONE N/A SCHOLARSHIP 1,500
    MICHAEL W MCKENZIE
    2195 WILDWOOD LAKE DRIVE
    SUWANEE,GA30024
    NONE N/A SCHOLARSHIP 1,500
    MEGHAN E MCNICHOL
    3662 CALIFORNIA ROAD
    ORCHARD PARK,NY14127
    NONE N/A SCHOLARSHIP 1,500
    BRANDY M MCQUITTY
    3057 CLEMONS LANE
    BATAVIA,OH45103
    NONE N/A SCHOLARSHIP 1,500
    JUSTIN M MOONEY
    5979 TYLER
    TROY,MI48085
    NONE N/A SCHOLARSHIP 1,500
    BRIAN T MOORE
    26155 MARY STREET
    TAYLOR,MI48180
    NONE N/A SCHOLARSHIP 1,500
    ROSEMARIE A MOUSIGIAN
    15 SHADY HOLLOW DRIVE
    DEARBORN,MI48124
    NONE N/A SCHOLARSHIP 1,500
    HANNAH C MURPHY
    3700 LEGACY DRIVE APT 14203
    FRISCO,TX75034
    NONE N/A SCHOLARSHIP 1,500
    ALEXANDER B NADER
    31112 STURBRIDGE STREET
    FARMINGTON HILLS,MI48331
    NONE N/A SCHOLARSHIP 1,500
    LAURA B NEDOREZOV
    3424 CHARLWOOD DRIVE
    ROCHESTER HILLS,MI48306
    NONE N/A SCHOLARSHIP 1,500
    SAMANTHA N NESBITT
    7857 HILLCREST BLVD
    WESTLAND,MI48185
    NONE N/A SCHOLARSHIP 1,500
    LISA R NEUMANN
    34667 AMSTERDAM DRIVE
    STERLING HEIGHTS,MI48312
    NONE N/A SCHOLARSHIP 1,500
    HANNAH M NEWHOUSE
    14362 PEARLVIEW DRIVE
    STRONGSVILLE,OH44136
    NONE N/A SCHOLARSHIP 1,500
    JUSTIN J NEWTON
    8116 BRIANS COURT
    LAMBERTVILLE,MI48144
    NONE N/A SCHOLARSHIP 1,500
    MARIA E NICHOLAS
    2519 PHILLIPS AVENUE
    BERKLEY,MI48072
    NONE N/A SCHOLARSHIP 1,500
    KEVIN W O'BRYAN
    10258 SPRINGBORN ROAD
    CASCO,MI48064
    NONE N/A SCHOLARSHIP 1,500
    MICHAEL J O'CONNOR
    9740 BLOOM HILL DRIVE
    HOLLY,MI48442
    NONE N/A SCHOLARSHIP 1,500
    ELLEN A PANETTA
    41452 WATERFALL
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    REBECCA L PAPAJ
    40 WILSHIRE ROAD
    KENMORE,NY14217
    NONE N/A SCHOLARSHIP 1,500
    SIDNEY P PARKHILL
    26738 SHERINGHAM
    PERRYSBURG,OH43551
    NONE N/A SCHOLARSHIP 1,500
    LAUREN N PAVLIK
    871 RIVER VALLEY DRIVE
    LAKE ORION,MI48362
    NONE N/A SCHOLARSHIP 1,500
    DANIELLE M PEEL
    35655 FAIRCHILD STREET
    WESTLAND,MI48186
    NONE N/A SCHOLARSHIP 1,500
    THERESA E PELLICAN
    16507 WASHBURNE ROAD
    GRASS LAKE,MI49240
    NONE N/A SCHOLARSHIP 1,500
    ANGELA R PELLITTIERI
    726 TRAILS END DRIVE
    AMHERST,OH44001
    NONE N/A SCHOLARSHIP 1,500
    ERIN S PETERSON
    420 OLD OAK WAY
    HERMITAGE,TN37076
    NONE N/A SCHOLARSHIP 1,500
    ZACHARY J PETERSON
    7748 MUSTANG LANE
    LINO LAKES,MN55014
    NONE N/A SCHOLARSHIP 1,500
    KSENIA PETLAKH
    42750 WIMBLETON WAY
    NOVI,MI48377
    NONE N/A SCHOLARSHIP 1,500
    SHAUN C PIWOWAR
    32520 JAMES STREET
    GARDEN CITY,MI48135
    NONE N/A SCHOLARSHIP 1,500
    RYAN T POLLARD
    45463 KIMBERLY COURT
    NOVI,MI48374
    NONE N/A SCHOLARSHIP 1,500
    CLARISSA A POWASER
    201 TANNAHILL
    DEARBORN,MI48124
    NONE N/A SCHOLARSHIP 1,500
    NICOLE A POWELL
    47446 GREENWICH DRIVE
    NOVI,MI48374
    NONE N/A SCHOLARSHIP 1,500
    CHET A PRIVETT
    13755 WAKEFIELD COURT
    STERLING HEIGHTS,MI48312
    NONE N/A SCHOLARSHIP 1,500
    BRENDAN A PROST
    23414 LONGVIEW
    DEARBORN HEIGHTS,MI48127
    NONE N/A SCHOLARSHIP 1,500
    KEVIN T QUINN
    45848 LATHUM DRIVE
    NOVI,MI48374
    NONE N/A SCHOLARSHIP 1,500
    SHANNON E RESKE
    6599 ROBB ROAD
    FOWLERVILLE,MI48836
    NONE N/A SCHOLARSHIP 1,500
    CLAIRE A RICHETT
    19391 CLEMENT ROAD
    NORTHVILLE,MI48167
    NONE N/A SCHOLARSHIP 1,500
    VANESSA J RIGGIO
    37204 BRETTON
    LIVONIA,MI48152
    NONE N/A SCHOLARSHIP 1,500
    ASHLEY N ROBINSON
    120 LOVERS LEAP ROAD
    LAWRENCEBURG,KY40342
    NONE N/A SCHOLARSHIP 1,500
    MAGDALINE G ROHWEDER
    5600 FAWN COURT
    TROY,MI48098
    NONE N/A SCHOLARSHIP 1,500
    KAITLYN V ROLDAN
    16027 CAMERON
    SOUTHGATE,MI48195
    NONE N/A SCHOLARSHIP 1,500
    EMILY M ROSSMAN
    45053 MIDDLEBURY COURT
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    ZACHARY K ROTHERMEL
    39752 SQUIRE ROAD
    NOVI,MI48375
    NONE N/A SCHOLARSHIP 1,500
    COURTNEY P SAUTER
    45933 TOURNAMENT DRIVE
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    SHELBY A SAWYER
    25770 FARMINGTON ROAD
    FARMINGTON HILLS,MI48336
    NONE N/A SCHOLARSHIP 1,500
    MATTHEW L SCARPELLI
    6616 MARSHALL ROAD
    DEXTER,MI48130
    NONE N/A SCHOLARSHIP 1,500
    NICHOLAS G SCHESNUK
    31205 MACKENZIE COURT
    CHESTERFIELD,MI48051
    NONE N/A SCHOLARSHIP 1,500
    KELCI M SCHOCK
    4740 BILLMYER HIGHWAY
    BRITTON,MI49229
    NONE N/A SCHOLARSHIP 1,500
    EMILY J SCHULTZ
    3764 ALEXANDRIA COURT
    WOODBURY,MN55129
    NONE N/A SCHOLARSHIP 1,500
    EMILY M SCOTT
    112 RIVERLANE
    DEARBORN,MI48124
    NONE N/A SCHOLARSHIP 1,500
    NIKOLAS A SEKOULOPOULOS
    730 LINCOLN STREET
    AMHERST,OH44001
    NONE N/A SCHOLARSHIP 1,500
    AMY SHEN
    386 INNSBROOK DRIVE
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    SPENCER C SHOCKLEY
    1714 ASPEN LANE
    EXCELSIOR SPRINGS,MO64024
    NONE N/A SCHOLARSHIP 1,500
    JAMISON E SHOLANDER
    31540 CAMBRIDGE STREET
    GARDEN CITY,MI48135
    NONE N/A SCHOLARSHIP 1,500
    LAUREN N SHOWLER
    891 E HURON RIVER DRIVE
    BELLEVILLE,MI48111
    NONE N/A SCHOLARSHIP 1,500
    KREG E SMITH
    7972 STATE ROUTE 305
    GARRETTSVILLE,OH44231
    NONE N/A SCHOLARSHIP 1,500
    TERESA E SMITH
    21801 HOLLY
    CLINTON TOWNSHIP,MI48035
    NONE N/A SCHOLARSHIP 1,500
    TODD K SMITH
    3660 MEADOW LANE
    SALINE,MI48176
    NONE N/A SCHOLARSHIP 1,500
    KELSEY N SORONEN
    9351 MONTANA
    LIVONIA,MI48150
    NONE N/A SCHOLARSHIP 1,500
    AMARA SROUR
    6244 YINGER AVENUE
    DEARBORN,MI48126
    NONE N/A SCHOLARSHIP 1,500
    TAYLOR A STANLEY
    48 JAMSTEAD COURT
    WILLIAMSVILLE,NY14221
    NONE N/A SCHOLARSHIP 1,500
    SARAH K STUCKER
    1318 BALLARD COURT
    LA GRANGE,KY40031
    NONE N/A SCHOLARSHIP 1,500
    ERICA M SWOISH
    17496 MAPLE HILL DRIVE
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    EMEE TA
    45864 TOURNAMENT DRIVE
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    ANDREA T TAVERNA
    41960 PONMEADOW
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    ZACHARY D THOMAS
    20643 LEXINGTON COURT
    NORTHVILLE,MI48167
    NONE N/A SCHOLARSHIP 1,500
    MICHELLE T TRUONG
    39516 LEGEND COURT
    NORTHVILLE,MI48167
    NONE N/A SCHOLARSHIP 1,500
    KATIE E ULM
    3586 EPLEY LANE
    CINCINNATI,OH45247
    NONE N/A SCHOLARSHIP 1,500
    CARI L VAN HOORELBEKE
    27724 EMILY COURT
    HARRISON TOWNSHIP,MI48045
    NONE N/A SCHOLARSHIP 1,500
    NATHAN A VAN NORTWICK
    23571 HIGH MEADOW DRIVE
    NOVI,MI48375
    NONE N/A SCHOLARSHIP 1,500
    EMILY J VAN TREECK
    1141 MARKLEY ROAD
    CINCINNATI,OH45230
    NONE N/A SCHOLARSHIP 1,500
    BRIDGET A VANCE
    30040 WHITE HALL DRIVE
    FARMINGTON HILLS,MI48331
    NONE N/A SCHOLARSHIP 1,500
    ETHAN E VASILIAUSKAS
    7748 S HURON RIVER DRIVE
    SOUTH ROCKWOOD,MI48179
    NONE N/A SCHOLARSHIP 1,500
    ASHLEY R VAUGHEN
    462 GULLEY
    HOWELL,MI48843
    NONE N/A SCHOLARSHIP 1,500
    KRISHNA S VEMPATI
    8050 PICKERING PLACE
    WESTLAND,MI48185
    NONE N/A SCHOLARSHIP 1,500
    JESSICA A VINCKIER
    3710 33 MILE ROAD
    ROMEO,MI48065
    NONE N/A SCHOLARSHIP 1,500
    RAYMOND P VIVIANO
    2647 YOST BOULEVARD
    ANN ARBOR,MI48104
    NONE N/A SCHOLARSHIP 1,500
    EMILY M VOGLEWEDE
    44005 DARTMOUTH STREET
    CANTON,MI48188
    NONE N/A SCHOLARSHIP 1,500
    CATHERINE P VOSS
    327 DOGWOOD COURT
    SALINE,MI48176
    NONE N/A SCHOLARSHIP 1,500
    ABIGAIL A WAGNER
    937 ROCK SPRING ROAD
    BLOOMFIELD HILLS,MI48304
    NONE N/A SCHOLARSHIP 1,500
    MOLLY J WASCHER
    3020 SHADYDALE LANE
    WEST BLOOMFIELD,MI48323
    NONE N/A SCHOLARSHIP 1,500
    ZACHARY B WAUGH
    14379 HAMILTON
    RIVERVIEW,MI48193
    NONE N/A SCHOLARSHIP 1,500
    AMANDA C WEBSTER
    42509 STEEPLEVIEW
    NORTHVILLE,MI48168
    NONE N/A SCHOLARSHIP 1,500
    DIANA D WELCH
    20838 BURGANDY DRIVE
    STRONGSVILLE,OH44149
    NONE N/A SCHOLARSHIP 1,500
    RYAN J WESTRA
    21121 DONALDSON
    DEARBORN,MI48124
    NONE N/A SCHOLARSHIP 1,500
    SARAH J WHEELOCK
    9936 CEDAR SHORES
    WHITE LAKE,MI48386
    NONE N/A SCHOLARSHIP 1,500
    SPENCER D WIARD
    39084 LYNDON
    LIVONIA,MI48154
    NONE N/A SCHOLARSHIP 1,500
    TIMOTHY V WILLIAMS II
    6080 WOODLAND DRIVE
    TECUMSEH,MI49286
    NONE N/A SCHOLARSHIP 1,500
    JORDYN L WINSHIP
    10191 GRAHAM
    CLARKSTON,MI48348
    NONE N/A SCHOLARSHIP 1,500
    JESSICA Y ZHANG
    3119 APPLERIDGE DRIVE
    ANN ARBOR,MI48103
    NONE N/A SCHOLARSHIP 1,500
    Total .................................bullet 3a 294,000
    bApproved for future payment
    Total ..................................bullet 3b 0
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See page 28 of
    the instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3Interest on savings and temporary cash investments     14 1,697  
    4 Dividends and interest from securities....     14 25,711  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6Net rental income or (loss) from personal property          
    7 Other investment income.....         870
    8Gain or (loss) from sales of assets other than inventory     14 7,415 1,022,716
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 34,823 1,023,586
    13Total. Add line 12, columns (b), (d), and (e)...................
    131,058,409
    (See worksheet in line 13 instructions on page 28 to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the organization’s exempt purposes (other than by providing funds for such purposes). (See
    page 28 of the instructions.)
    3 INVESTMENT ACTIVITIES TO PROVIDE FUNDS FOR GRANTMAKING
    4 INVESTMENT ACTIVITIES TO PROVIDE FUNDS FOR GRANTMAKING
    8 INVESTMENT ACTIVITIES TO PROVIDE FUNDS FOR GRANTMAKING
    Form 990-PF (2010)
    Form 990-PF (2010)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section
    Yes
    No
    501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash....................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements............................
    1b(4)
     
    No
    (5) Loans or loan guarantees..............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is “Yes,” complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If “Yes,” complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    SignHere
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    Signature of officer or trustee Date Title
    PaidPreparersUseOnly Preparer's SignatureBullet Date PTIN
    Firm's namebullet



    Firm's addressbullet







    Firm's EINbullet
    Phone no.
    Form 990-PF (2010)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    OMB No. 1545-0047
    2010
    Name of organization
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
     
    Employer identification number

    20-2462203
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule—
    Special Rules
    ......................... Arrow Bullet   $    
    Caution. An Organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2 of its Form 990, or check the box in the heading of its
    Form 990-EZ, or on line 2 of its Form 990-PF, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part I
    Name of organization
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
     
    Employer identification number

    20-2462203
    Part I
    Contributors (see Instructions)
         
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
    1
     
     

    WILLIAM C FORD JR    
    2000 BRUSH STREET STE 440
       
    DETROIT, MI   48226

    $999,075




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
     
     
     

         
     
       

    $  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
     
     
     

         
     
       

    $  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
     
     
     

         
     
       

    $  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
     
     
     

         
     
       

    $  




    (Complete Part II if there is
    a noncash contribution.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Aggregate contributions
    (d)
    Type of contribution
     
     
     

         
     
       

    $  




    (Complete Part II if there is
    a noncash contribution.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part II
    Name of organization
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
     
    Employer identification number

    20-2462203
    Part II
    Noncash Property (see Instructions)
         
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
    1
    77,000 SHS FORD MOTOR CO   $999,075 2010-08-05
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    (a) No.
    from
    Part I
    (b)
    Description of noncash property given
    (c)
    FMV (or estimate)
    (see instructions)
    (d)
    Date received
     
    $    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)
    Page 1 of 1 of Part III
    Name of organization
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
     
    Employer identification number

    20-2462203
    Part III
    Exclusively religious, charitable, etc., individual contributions to section 501(c)(7), (8), or (10) organizations
    aggregating more than $1,000 for the year. (Complete columns (a) through (e) and the following line entry.)
    For organizations completing Part III, enter the total of exclusively religious, charitable, etc.,
    contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet $  
    (a) No.
    from
    Part I
    (b)
    Purpose of gift
    (c)
    Use of gift
    (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I
    (b)
    Purpose of gift
    (c)
    Use of gift
    (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I
    (b)
    Purpose of gift
    (c)
    Use of gift
    (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    (a) No.
    from
    Part I
    (b)
    Purpose of gift
    (c)
    Use of gift
    (d)
    Description of how gift is held
     
    (e)
    Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
           
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2010)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2010 GeneralExplanationAttachment
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Identifier Return Reference Explanation
      PART VII-B, QUESTION 1A(4) DAVID M. HEMPSTEAD, LISTED AS TRUSTEE, SECRETARY AND MEMBER, IS A PARTNER IN THE LAW FIRM OF BODMAN LLP, 1901 ST. ANTOINE STREET, 6TH FLOOR, DETROIT, MICHIGAN 48226, WHICH FIRM ACTS AS THE ATTORNEYS FOR WILLIAM C. FORD, JR. SCHOLARSHIP FUND. MR. HEMPSTEAD IS THE PERSON IN THE FIRM PRINCIPALLY CONCERNED WITH SUCH LEGAL SERVICES TO THE FUND, BUT OTHERS IN THE FIRM ALSO RENDER LEGAL SERVICES TO THE FUND UNDER HIS SUPERVISION. THE TIME SPENT BY MR. HEMPSTEAD STRICTLY IN THE LISTED OFFICIAL CAPACITIES CANNOT READILY BE SEPARATED FROM THAT SPENT IN PERFORMING THE LEGAL SERVICES REFERRED TO. IN 2010, WILLIAM C. FORD, JR. SCHOLARSHIP FUND PAID TO SAID ATTORNEYS $9,064 FOR FEES (AND EXPENSES) FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH.

    TY 2010 InvestmentsCorpStockSchedule
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Name of Stock End of Year Book Value End of Year Fair Market Value
    200 UNITS 3M COMPANY 17,142 17,260
    75 UNITS ALCON INC 0 0
    100 UNITS ALLERGAN INC 7,375 6,867
    100 UNITS AMERICAN EXPRESS CR 4,082 4,292
    100 UNITS ANDARKO PETE CORP 0 0
    50 UNITS APPLE COMPUTER INC 6,917 16,128
    500 UNITS APPLIED MATERIALS INC 0 0
    225 UNITS ARCHER DANIELS MIDLAND CO 0 0
    200 UNITS BARRICK GOLD CORP 10,954 10,636
    150 UNITS BOEING CO 0 0
    300 UNITS BRISTOL MYERS SQUIBB CO 7,030 7,944
    300 UNITS CATERPILLAR INC 15,579 28,098
    100 UNITS CELGENE CORP 4,585 5,914
    150 UNITS CHURCH & DWIGHT CO INC 10,426 10,353
    300 UNITS CISCO SYSTEMS INC 5,793 6,069
    75 UNITS CITRIX SYS INC 4,938 5,131
    75 UNITS CLOROX CO 0 0
    50 UNITS COCA COLA CO 2,656 3,289
    100 UNITS CONOCOPHILLIPS 0 0
    400 UNITS CORNING INCORPORATED 6,246 7,728
    250 UNITS COSTCO WHOLESALE CORP 14,682 18,053
    100 UNITS CUMMINGS INC 0 0
    150 UNITS DEERE & CO 9,253 12,458
    200 UNITS DEVON ENERGY CORPORATION 14,144 15,702
    300 UNITS DIRECTV - CLASS A 11,337 11,979
    400 UNITS DISNEY WALT CO 13,869 15,004
    250 UNITS FEDEX CORP 17,842 23,253
    150 UNITS FMC TECHNOLOGIES INC 6,156 13,337
    100 UNITS FREEPORT-MCMORAN COPPER-B 6,559 12,009
    100 UNITS GILEAD SCIENCES INC 3,872 3,624
    200 UNITS GIVEN IMAGING LTD 3,669 2,928
    40 UNITS GOOGLE INC-CL A 22,316 23,759
    300 UNITS HESS CORP 16,958 22,962
    100 UNITS IBM CORP 0 0
    100 UNITS ITC HOLDINGS CORP 5,555 6,198
    50 UNITS JOHNSON & JOHNSON 2,924 3,093
    150 UNITS MCDONALDS CORP 8,636 11,514
    750 UNITS MOLYCORP, INC 32,357 37,425
    150 UNITS MONSANTO CO 9,412 10,446
    400 UNITS NATIONAL OILWELL VARCO 21,195 26,900
    500 UNITS ORACLE CORPORATION 0 0
    225 UNITS PEABODY ENERGY CORP 8,081 14,396
    125 UNITS PROCTER & GAMBLE CO 0 0
    250 UNITS REPUBLIC SERVICES INC 7,252 7,465
    100 UNITS STANLEY BLACK & DECKER INC 0 0
    200 UNITS UNION PACIFIC CORP 14,106 18,532
    300 UNITS US BANCORP 7,604 8,091
    155 UNITS VISA INC - CLASS A SHARES 0 0
    400 UNITS WEYERHAEUSER CO 0 0
    100 UNITS YUM! BRANDS INC. 0 0
    200 UNITS ANHEUSER-BUSCH INBEV SPN ADR 8,538 11,418
    200 UNITS BHP BILLITON LTD 15,577 18,584
    100 UNITS HSBC HLDG PLC SP ADR 5,143 5,104
    250 UNITS INTERBREW 0 0
    100 UNITS NESTLE SA REP RG SH ADR 3,853 5,874
    145 ROCHE HLDG LTD SPN ADR 0 0
    350 UNITS SCHLUMBERGER LTD 20,678 29,225
    150 UNITS TEVA PHARMACEUTICAL INDS LTD ADR 7,360 7,820
    150 UNITS VALE SA - SP ADR 4,966 5,186

    TY 2010 InvestmentsOtherSchedule2
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    24977.148 UNITS CRM SMALL/MID CAP VALUE FUND AT COST 314,286 377,405
    24169.337 UNITS PIMCO TOTAL RETURN FD INST CLASS AT COST 276,224 262,237
    40337.845 UNITS MANNING & NAPIER WORLD OPPORTUNITIES A AT COST 323,096 347,309

    TY 2010 LegalFeesSchedule
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 9,064 4,532   4,532


    TY 2010 OtherExpensesSchedule
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT EXPENSE - ICIA 208 208   0
    INVESTMENT EXPENSE - RHB 309 309   0
    MANAGEMENT FEES - SCHOLARSHIP AMERICA 9,700 0   9,700
    FILING FEE 20 10   10


    TY 2010 OtherIncomeSchedule2
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL EXCISE TAX REFUND 870 0 870


    TY 2010 TaxesSchedule
    Name:
    WILLIAM C FORD JR SCHOLARSHIP PROGRAM
    EIN: 20-2462203
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAX 139 139   0
    FEDERAL EXCISE TAX 21,047 0   0