Form990-PF
Click to see attachment

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
BENSON & EDITH FORD FUND
 

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

38-6066333
B Telephone number (see instructions)

(313) 259-7777
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$30,377,547
J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 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)  
2 Check bullet
3 Interest on savings and temporary cash investments 129,937 129,937  
4 Dividends and interest from securities...... 269,415 269,415  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,446,852
b Gross sales price for all assets on line 6a 33,470,087
7 Capital gain net income (from Part IV, line 2)... 1,446,852
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)....... 111,619 111,619  
12 Total. Add lines 1 through 11........ 1,957,823 1,957,823  
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)......... 3,298 0   3,298
b Accounting fees (attach schedule)....... 36,500 18,250   18,250
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) 20,454 1,741   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 66,595 66,575   20
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 126,847 86,566   21,568
25 Contributions, gifts, grants paid........ 2,015,306 2,015,306
26 Total expenses and disbursements. Add lines 24 and 25 2,142,153 86,566   2,036,874
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -184,330
b Net investment income (if negative, enter -0-) 1,871,257
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
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...............      
2 Savings and temporary cash investments.......... 2,644,257 1,419,297 1,419,297
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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 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)........ 10,687,466 Click to see attachment12,777,956 16,830,036
c Investments—corporate bonds (attach schedule)........ 5,933,912 Click to see attachment5,044,734 5,073,973
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 5,606,175 Click to see attachment5,453,244 7,050,020
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment7,984 Click to see attachment4,221 Click to see attachment4,221
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,879,794 24,699,452 30,377,547
Liabilities 17 Accounts payable and accrued expenses..........    
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) Click to see attachment0 Click to see attachment3,988
23 Total liabilities (add lines 17 through 22).......... 0 3,988
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......... 41,303,370 42,750,222
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -16,423,576 -18,054,758
30 Total net assets or fund balances (see page 17 of the
instructions).................... 24,879,794 24,695,464
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 24,879,794 24,699,452
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 24,879,794
2 Enter amount from Part I, line 27a..................... 2 -184,330
3 Other increases not included in line 2 (itemize) bullet 3 0
4 Add lines 1, 2, and 3.......................... 4 24,695,464
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 24,695,464
Form 990-PF (2013)
Form 990-PF (2013)
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 - RHB - PUBLICLY TRADED SECURITIES P    
b COMERICA BANK - RHB#2 - PUBLICLY TRADED SECURITIES P    
c FROM K-1 - PACIFIC FUND I, LP P    
d CAPITAL GAINS DIVIDENDS P    
e
(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 30,054,357   28,597,123 1,457,234
b 3,410,506   3,411,562 -1,056
c       -14,550
d 5,224     5,224
e
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       1,457,234
b       -1,056
c       -14,550
d       5,224
e
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 1,446,852
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 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))
2012 1,985,476 28,316,918 0.070116
2011 1,725,441 29,819,747 0.057862
2010 1,633,209 29,600,629 0.055175
2009 2,279,336 27,634,097 0.082483
2008 2,592,406 35,965,827 0.072080
2 Total of line 1, column (d) ...................... 2 0.337716
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 0.067543
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 28,823,041
5 Multiply line 4 by line 3....................... 5 1,946,795
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 18,713
7 Add lines 5 and 6......................... 7 1,965,508
8 Enter qualifying distributions from Part XII, line 4.............. 8 2,036,874
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.
Form 990-PF (2013)
Form 990-PF (2013)
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 18,713
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 18,713
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 18,713
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a 14,725
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 12,500
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 27,225
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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 8,512
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet8,512 RefundedBullet 11 0
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 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 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    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 instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    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 STE 440DETROITMI ZIP+4bullet482262251
    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 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See 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 (2013)
    Form 990-PF (2013)
    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
     
    No
    .........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 2013?.............
    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 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    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 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 2013 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 2013.)....................
    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 2013?
    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 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 instructions)? ......
    5b
     
     
    .........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 (2013)
    Form 990-PF (2013)
    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 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
    LYNN F ALANDT PRESIDENT, TRUSTEE & MEMBE
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    BENSON FORD JR VICE-PRESIDENT, TRUSTEE &
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    RODNEY P WOOD TREASURER
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    DAVID M HEMPSTEAD SECRETARY, TRUSTEE & MEMBE
    0.25
    0 0 0
    1901 ST ANTOINE ST 6TH FLOOR
    DETROIT,MI48226
    2 Compensation of five highest-paid employees (other than those included on line 1—see 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 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 (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see 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 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
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    1,441,152
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    18,713
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,713
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,422,439
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,422,439
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    1,422,439
    Part XII
    Qualifying Distributions (see 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
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    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
     
    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 instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    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 (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2012
    (c)
    2012
    (d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 1,422,439
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2013:
    a From 2008.......  
    b From 2009....... 846,761
    c From 2010....... 227,268
    d From 2011....... 252,484
    e From 2012....... 579,180
    fTotal of lines 3a through e......... 1,905,693
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 2,036,874
    a Applied to 2012, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions)......
    0
    c Treated as distributions out of corpus (Election
    required—see instructions).........
    0
    d Applied to 2013 distributable amount..... 1,422,439
    e Remaining amount distributed out of corpus 614,435
    5 Excess distributions carryover applied to 2013. 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 2,520,128
    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 instructions ...........
    0
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............
    0
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......
    2,520,128
    10 Analysis of line 9:
    a Excess from 2009.... 846,761
    b Excess from 2010.... 227,268
    c Excess from 2011.... 252,484
    d Excess from 2012.... 579,180
    e Excess from 2013.... 614,435
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see 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 2013, 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) 2013 (b) 2012 (c) 2011 (d) 2010
             
    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 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).)
    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 or e-mail address of the person to whom applications should be addressed:
    DAVID M HEMPSTEAD
    1901 ST ANTOINE STREET 6TH FLOOR
    DETROIT,MI48226
    (313) 259-7777
    bThe form in which applications should be submitted and information and materials they should include:
    BRIEF LETTER, FINANCIAL STATEMENT, COPY OF IRS LETTER DETERMINING TAX STATUS (UNLESS ALREADY LISTED IN CUMULATIVE LIST).
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE GENERALLY LIMITED TO CHARITABLE ORGANIZATIONS ALREADY FAVORABLY KNOWN TO, AND OF INTEREST TO, THE SUBSTANTIAL CONTRIBUTORS OF THIS FOUNDATION. NO GRANTS TO INDIVIDUALS.
    Form 990-PF (2013)
    Form 990-PF (2013)
    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
    ALZHEIMER'S DISEASE ASSOCIATION - GREATER MICHIGAN CHAPTER
    25200 TELEGRAPH SUITE 100
    SOUTHFIELD,MI48033
    NO INDIVIDUALS PUBLIC CHARITY INTEGRATED CARE COUNSELING PROGRAM 25,000
    BOY SCOUTS OF AMERICA - DETROIT AREA
    1776 WEST WARREN AVENUE
    DETROIT,MI48208
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    CAPUCHIN SOUP KITCHEN
    1820 MT ELLIOTT STREET
    DETROIT,MI482073485
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 10,000
    THE CHILDREN'S CENTER
    79 ALEXANDRINE WEST
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,500
    CHRIST CHURCH GROSSE POINTE
    61 GROSSE POINTE BLVD
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 3,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY ARGONAUT PROJECT 300,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY BENSON AND EDITH FORD SCHOLARSHIP FUND & PROGRAM SERVICES 56,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY ARGONAUT PROJECT 100,000
    DEA SURVIVORS BENEFIT FUND
    2020 PENNSYLVANIA AVE NW PMB 659
    WASHINGTON,DC20006
    NO INDIVIDUALS PUBLIC CHARITY DEA SURVIVOR BENEFIT FUND DINNNER 6,306
    DEA SURVIVORS BENEFIT FUND
    2020 PENNSYLVANIA AVE NW PMB 659
    WASHINGTON,DC20006
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 10,000
    DETROIT ARTISTS MARKET
    4719 WOODWARD AVENUE
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    DETROIT EDUCATIONAL TELEVISION FOUNDATION
    1 CLOVER COURT
    WIXOM,MI48393
    NO INDIVIDUALS PUBLIC CHARITY THE WILLIAM H. SMITH FAMILY LEADERSHIP CIRCLE 10,000
    DETROIT HISTORICAL SOCIETY
    5401 WOODWARD AVENUE
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,000
    DETROIT HISTORICAL SOCIETY
    5401 WOODWARD AVENUE
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY PAST>FORWARD CAMPAIGN 20,000
    DETROIT SYMPHONY ORCHESTRA HALL
    3711 WOODWARD AVENUE
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    GIRL SCOUTS OF SOUTHEASTERN MICHIGAN
    500 FISHER BUILDING 3011 WEST GRAND
    BLVD
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    GLEANERS COMMUNITY FOOD BANK OF SOUTHEASTERN MICHIGAN
    2131 BEAUFAIT
    DETROIT,MI48207
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 10,000
    THE GREENING OF DETROIT
    1418 MICHIGAN AVENUE
    DETROIT,MI48216
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,000
    GROSSE POINTE WAR MEMORIAL
    32 LAKE SHORE DRIVE
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,500
    THE HENRY FORD ESTATE
    PO BOX 1367
    DEARBORN,MI48120
    NO INDIVIDUALS PUBLIC CHARITY ENDOWMENT - FAIR LANE 600,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY EDITH AND BENSON HEART AND VASCULAR INSTITUTE - DETROIT CAPITAL ACCOUNT 250,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY MAPLEGROVE II PROJECT - WEST BLOOMFIELD 125,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY ENDOWMENT - CHAIR IN DERMATOLOGY RESEARCH 100,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY MULTIPLE SCLEROSIS RESEARCH FUND 20,000
    INTERLOCHEN CENTER FOR ARTS
    PO BOX 199
    INTERLOCHEN,MI496430199
    NO INDIVIDUALS PUBLIC CHARITY BENSON AND EDITH FORD SCHOLARSHIP FUND 8,000
    JARC
    30301 NORTHWESTERN HWY SUITE 100
    FARMINGTON HILLS,MI48334
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 15,000
    MCLAREN NORTHERN MICHIGAN FOUNDATION
    360 CONNABLE AVE
    PETOSKEY,MI49770
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    MICHIGAN HUMANE SOCIETY
    30300 TELEGRAPH ROAD SUITE 220
    BINGHAM FARMS,MI480254509
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 15,000
    OLD NEWSBOYS' GOODFELLOW FUND OF DETROIT
    PO BOX 44444
    DETROIT,MI482440444
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,000
    PEWABIC SOCIETY INC
    10125 EAST JEFFERSON AVE
    DETROIT,MI48214
    NO INDIVIDUALS PUBLIC CHARITY "KEEP THE LEGACY ALIVE" PEWABIC'S 21ST CENTURY CAMPAIGN 4,000
    RACING FOR KIDS
    93 KERCHEVAL SUITE 4
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    SHAKE-A-LEG MIAMI INC
    2620 SOUTH BAYSHORE DRIVE
    COCONUT GROVE,FL33133
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 10,000
    ST JOHN HEALTH SYSTEM
    HOLLEY EAR INSTITUTE PROF BUILDING
    ONE 22151 MOROSS ROAD SUITE 223
    DETROIT,MI482362172
    NO INDIVIDUALS PUBLIC CHARITY HOLLEY EAR INSTITUTE 25,000
    THE HENRY FORD
    20900 OAKWOOD BLVD
    DEARBORN,MI48124
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 25,000
    THE HENRY FORD
    20900 OAKWOOD BLVD
    DEARBORN,MI48124
    NO INDIVIDUALS PUBLIC CHARITY THE CAN-DO PROJECT 200,000
    UNITED NEGRO COLLEGE FUND INC
    1805 7TH STREET NW
    WASHINGTON,DC20001
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,000
    UNIVERSITY OF DETROIT MERCY
    4001 WEST MCNICHOLS ROAD
    DETROIT,MI482213038
    NO INDIVIDUALS PUBLIC CHARITY BENSON AND EDITH FORD SCHOLARSHIP ENDOWMENT 25,000
    Total .................................bullet 3a 2,015,306
    bApproved for future payment
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY ARGONAUT PROJECT 2,900,000
    DETROIT HISTORICAL SOCIETY
    5401 WOODWARD AVENUE
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY PAST>FORWARD CAMPAIGN 40,000
    DETROIT EDUCATIONAL TELEVISION FOUNDATION
    1 CLOVER COURT
    WIXOM,MI48393
    NO INDIVIDUALS PUBLIC CHARITY THE WILLIAM H. SMITH FAMILY LEADERSHIP CIRCLE 40,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY EDITH AND BENSON HEART AND VASCULAR INSTITUTE - DETROIT CAPITAL ACCOUNT 3,000,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY ENDOWMENT - CHAIR IN DERMATOLOGY RESEARCH 200,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5B
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY MAPLEGROVE II PROJECT - WEST BLOOMFIELD 775,000
    THE HENRY FORD
    20900 OAKWOOD BLVD
    DEARBORN,MI48124
    NO INDIVIDUALS PUBLIC CHARITY CAN-DO PROJECT 400,000
    THE HENRY FORD ESTATE
    PO BOX 1367
    DEARBORN,MI48120
    NO INDIVIDUALS PUBLIC CHARITY ENDOWMENT - FAIR LANE 2,400,000
    UNIVERSITY OF DETROIT MERCY
    4001 WEST MCNICHOLS ROAD
    DETROIT,MI482213038
    NO INDIVIDUALS PUBLIC CHARITY BENSON AND EDITH FORD SCHOLARSHIP ENDOWMENT 50,000
    Total .................................bullet 3b 9,805,000
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 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....          
    3
    Interest on savings and temporary cash investments ............
        14 129,937  
    4 Dividends and interest from securities....     14 269,415  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............
             
    7 Other investment income.....     14 111,619  
    8
    Gain or (loss) from sales of assets other than inventory .............
        18 1,446,852  
    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 1,957,823 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,957,823
    (See worksheet in line 13 instructions 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 foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    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 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    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
    Sign Here
    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
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







    Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 AccountingFeesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 36,500 18,250   18,250

    TY 2013 GeneralExplanationAttachment
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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.

    TY 2013 InvestmentsCorpBondsSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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

    TY 2013 InvestmentsOtherSchedule2
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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

    TY 2013 LegalFeesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 3,298 0   3,298


    TY 2013 OtherAssetsSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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


    TY 2013 OtherExpensesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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


    TY 2013 OtherIncomeSchedule2
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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


    TY 2013 OtherLiabilitiesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE TAX ACCRUED 0 3,988


    TY 2013 TaxesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN: 38-6066333
    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