| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 36,500 | 18,250 | 18,250 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| PART VII-B, QUESTION 1A(3) | FORD ESTATES, LLC (2000 BRUSH ST., SUITE 440, DETROIT, MICHIGAN 48226-2251), IS A BUSINESS OFFICE MAINTAINED FOR, AND AT THE EXPENSE OF, VARIOUS MEMBERS OF THE FORD FAMILY WHO, WITH RESPECT TO THIS FUND, ARE "DISQUALIFIED PERSONS", INCLUDING PARTICULARLY THE FOLLOWING: LYNN F. ALANDT AND BENSON FORD, JR.FORD ESTATES, LLC SUPPLIES ACCOUNTING SERVICES AND OFFICE SERVICES (COLLECTING INCOME, DISTRIBUTION OF CONTRIBUTIONS, MAINTENANCE OF ACCOUNTS AND RECORDS, HANDLING CORRESPONDENCE, PREPARATION OF TAX RETURNS AND ANNUAL REPORTS, AND SIMILIAR MATTERS PERTAINING TO THE OFFICE OF TREASURER). SUCH SERVICES ARE PERFORMED BY RODNEY P. WOOD AND BY OTHERS IN FORD ESTATES, LLC UNDER HIS SUPERVISION. NO COMPENSATION IS PAID BY BENSON & EDITH FORD FUND DIRECTLY TO RODNEY P. WOOD AS COMPENSATION FOR HIS SERVICES IN ANY OF THE CAPACITIES LISTED ABOVE OR OTHERWISE. IN 2013, BENSON & EDITH FORD FUND PAID FORD ESTATES, LLC $36,500 FOR FEES (AND EXPENSES) FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH. | |
| 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 BENSON & EDITH FORD FUND. MR. HEMPSTEAD IS THE PERSON IN THE FIRM PRINCIPALLLY 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 LEGAL SERVICES REFERRED TO. IN 2013, BENSON & EDITH FORD FUND PAID TO SAID ATTORNEYS $3,298 FOR FEES (AND EXPENSES) FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH. | |
| PART XV, LINE 3 | THE PURPOSE OF EACH GRANT OR CONTRIBUTION IS TO PROVIDE FINANCIAL SUPPORT TO CORPORATIONS, TRUSTS, COMMUNITY CHESTS, FUNDS OR FOUNDATIONS, ORGANIZED AND OPERATED SOLELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES, OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 100,000 UNITS PFIZER INC 4.5% 02/15/2014 4.500% DUE 02-15-14 | 101,407 | 100,476 |
| 500,000 UNITS HEWLETT PACKARD CO NOTE CALL MAKE WHOLE 6.125% DUE 03-01-14 | 511,598 | 504,235 |
| 325,000 UNITS JOHNSON CONTROLS INCNT 1.750% DUE 03-01-14 | 326,468 | 325,715 |
| 500,000 UNITS FORD MOTOR CREDIT CO 8.7% 10/01/2014 8.700% DUE 10-01-14 | 526,414 | 529,310 |
| 100,000 UNITS FORD MOTOR CREDIT CO 7% 04/15/2015 7.000% DUE 04-15-15 | 103,945 | 107,637 |
| 250,000 UNITS EASTMAN CHEMICAL CO NOTE 3.000% DUE 12-15-15 | 259,685 | 259,020 |
| 150,000 UNITS PROGRESS ENERGY INC NTS 5.625% DUE 01-15-16 | 166,310 | 163,278 |
| 300,000 UNITS KRAFT FOODS INC 4.125% DUE 02-09-16 | 320,439 | 318,048 |
| 150,000 UNITS CENTERPOINT ENERGY RESOURCES 6.150% DUE 05-01-16 | 165,827 | 165,659 |
| 100,000 UNITS KELLOGG CO SR NT 4.450% DUE 05-30-16 | 108,046 | 107,879 |
| 300,000 UNITS CATERPILLAR INC NOTES 5.700% DUE 08-15-16 | 340,766 | 334,467 |
| 250,000 UNITS THERMO FISHER SCIENTIFIC INC NOTE 2.250% DUE 08-15-16 | 257,100 | 255,670 |
| 250,000 UNITS HEWLETT PACKARD CO NOTE 3.000% DUE 09-15-16 | 259,925 | 260,055 |
| 325,000 UNITS BORGWARNER INC 5.750% DUE 11-01-16 | 359,321 | 360,094 |
| 100,000 UNITS BLACK & DECKER SR NTS 5.750% DUE 11-15-16 | 112,492 | 113,497 |
| 200,000 UNITS KELLOGG CO NT 1.875% DUE 11-17-16 | 204,346 | 203,432 |
| 250,000 UNITS HEWLETT PACKARD CO NOTE 3.300% DUE 12-09-16 | 260,117 | 261,658 |
| 250,000 UNITS BELLSOUTH CORP GLB 5.200% DUE 12-15-16 | 277,880 | 276,330 |
| 250,000 UNITS CATERPILLAR INC DEL SR NT 1.500% DUE 06-26-17 | 252,473 | 248,788 |
| 100,000 UNITS BORGWARNER INC SR NT 8.000% DUE 10-01-19 | 130,175 | 123,307 |
| ACCRUED INTEREST | 0 | 55,418 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 680 UNITS FORD COMMON | 49 | 10,492 |
| 5,000 UNITS ABBOTT LABS COM | 182,033 | 191,650 |
| 425 UNITS AMAZON COM INC | 143,539 | 169,486 |
| 350 UNITS AMERCO | 79,536 | 83,244 |
| 4,000 UNITS AMERICAN EXPRESS CR | 232,369 | 362,920 |
| 7,000 UNITS AMERICAN WATER WORKS INC | 194,973 | 295,820 |
| 1,200 UNITS APPLE COMPUTER INC | 234,232 | 673,224 |
| 2,000 UNITS BERKSHIRE HATHAWAY INC CL B | 234,446 | 237,120 |
| 300 UNITS BLACKROCK INC | 92,133 | 94,941 |
| 3,600 UNITS BOEING CO | 251,442 | 491,364 |
| 3,500 UNITS BRISTOL MYERS SQUIBB CO | 70,844 | 186,025 |
| 5,000 UNITS CATERPILLAR INC | 237,976 | 454,050 |
| 2,850 UNITS CBS CORP - CLASS B | 171,011 | 181,659 |
| 1,700 UNITS CHUBB CORP | 160,721 | 164,271 |
| 5,500 UNITS CHURCH & DWIGHT CO INC | 259,999 | 364,540 |
| 7,000 UNITS CONAGRA INC | 259,540 | 235,900 |
| 3,000 UNITS COSTCO WHOLESALE CORP | 195,937 | 357,060 |
| 2,500 UNITS CVS CORPORATION (DEL) | 146,264 | 178,925 |
| 500 UNITS DISH NETWORK CORPORATION | 28,152 | 28,960 |
| 4,500 UNITS DISNEY WALT CO | 191,912 | 343,800 |
| 6,000 UNITS EBAY INC | 332,482 | 329,190 |
| 4,000 UNITS ECOLAB INC | 259,409 | 417,080 |
| 1,000 UNITS EDWARDS LIFESCIENCES CORP | 72,534 | 65,760 |
| 7,500 EXXON MOBIL CORPORATION | 689,445 | 759,000 |
| 4,500 UNITS FACEBOOK | 166,015 | 245,921 |
| 5,500 UNITS FREEPORT-MCMORAN COPPER-B | 195,171 | 207,570 |
| 12,000 UNITS GENERAL ELEC CO | 293,044 | 336,360 |
| 2,500 UNITS GOODYEAR TIRE & RUBBER CO | 55,832 | 59,625 |
| 600 UNITS GOOGLE INC-CL A | 447,916 | 672,426 |
| 1,250 UNITS HAIN CELESTIAL GROUP INC | 103,382 | 113,475 |
| 6,000 UNITS HESS CORP | 420,415 | 498,000 |
| 4,000 UNITS HOME DEPOT INC | 158,391 | 329,360 |
| 2,000 UNITS IBM CORP | 387,957 | 375,140 |
| 7,000 UNITS JARDEN CORP | 323,009 | 429,450 |
| 3,500 UNITS LOCKHEED MARTIN CORP | 400,840 | 520,310 |
| 4,000 UNITS MAGNUM HUNTER RESOURCES CORPORATION | 29,396 | 29,240 |
| 13,500 UNITS MICRON TECHNOLOGY INC | 300,991 | 293,625 |
| 9,000 UNITS MICROSOFT CORP | 338,645 | 336,690 |
| 4,000 UNITS MONSANTO CO | 291,845 | 466,200 |
| 5,000 UNITS MOSAIC COMPANY | 216,232 | 236,350 |
| 4,000 UNITS NATIONAL OILWELL VARCO | 287,349 | 318,120 |
| 450 UNITS NETFLIX INC | 149,985 | 165,677 |
| 3,500 UNITS OCCIDENTAL PETROLEUM CORP | 323,952 | 332,850 |
| 3,000 UNITS PALL CORP | 245,105 | 256,050 |
| 2,300 UNITS PERRIGO COMPANY | 350,072 | 352,958 |
| 3,250 UNITS PFIZER INC | 99,961 | 99,548 |
| 2,000 UNITS POST HOLDINGS INC | 102,169 | 98,540 |
| 4,000 UNITS PRUDENTIAL FINANCIAL INC | 239,480 | 368,880 |
| 1,250 UNITS SHERWIN-WILLIAMS CO | 229,995 | 229,375 |
| 2,000 UNITS STARWOOD HOTELS & RESORTS | 146,908 | 158,900 |
| 2,000 UNITS THERMO FISHER SCIENTIFIC INC | 195,650 | 222,700 |
| 7,000 UNITS TONIX PHARMACEUTICALS HOLDING CORP | 60,217 | 72,170 |
| 1,500 UNITS TOOTSIE ROLL INDUSTRIES | 50,323 | 48,810 |
| 2,200 UNITS TWITTER INC | 98,445 | 140,030 |
| 2,500 UNITS UNION PACIFIC CORP | 165,215 | 420,000 |
| 1,500 UNITS VISA INC - CLASS A SHARES | 142,515 | 334,020 |
| 8,500 UNITS WELLS FARGO & CO | 267,923 | 385,900 |
| 1,000 UNITS WYNN RESORTS LTD | 186,967 | 194,210 |
| 333 UNITS ALLEGION PLC | 13,764 | 14,715 |
| 3,000 UNITS DIAGEO PLC SPNSRD ADR NEW | 238,523 | 397,260 |
| 10,000 UNITS VODAFONE GROP PLC SP ADR (OLD) | 333,379 | 393,100 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| PACIFIC FUND I, LP - 4.2521% INTEREST | AT COST | 5,453,244 | 7,050,020 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 3,298 | 0 | 3,298 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| PURCHASED INTEREST - RHB#2 | 5,759 | 4,221 | 4,221 |
| FEDERAL EXCISE TAX RECEIVABLE | 2,225 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES - ICIA | 126 | 126 | 0 | |
| INVESTMENT FEES - RHB | 51,598 | 51,598 | 0 | |
| INVESTMENT FEES - RHB#2 | 14,851 | 14,851 | 0 | |
| FILING FEE | 20 | 0 | 20 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| FROM K-1 - PACIFIC FUND I, LP | 111,619 | 111,619 | 111,619 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX ACCRUED | 0 | 3,988 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| FEDERAL EXCISE TAX | 18,713 | 0 | 0 | |
| FOREIGN TAX | 1,741 | 1,741 | 0 |