| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 10,863 | 10,863 |
| Person Name | Explanation |
|---|---|
| MERRILL BONDER | THE FOUNDATION USES THE ACCRUAL BASIS OF ACCOUNTING. THE OFFICER'S SALARY RELATING TO DECEMBER 2014 OF $4,583 WAS PAID IN JANUARY 2015, SO THIS AMOUNT WAS ACCRUED AS A 2014 EXPENSE. HOWEVER, SINCE THIS AMOUNT WAS NOT PAID UNTIL JANUARY 2015, IT IS NOT REFLECTED IN THE 2014 W-2. THE RECONCILIATION FOR 2014 SALARY IS AS FOLLOWS: 2014 SALARY PAID IN 2014 (TIES TO W-2) $50,831 LESS: 2013 SALARY PAID IN 2014 ( 3,750) -------- SUB-TOTAL $47,081 2014 SALARY PAID IN 2015 4,583 -------- TOTAL 2014 SALARY (ACCRUAL BASIS) $51,664 |
| Description of Property | Date Acquired | Cost or Other Basis | Prior Years' Depreciation | Computation Method | Rate / Life (# of years) |
Current Year's Depreciation Expense | Net Investment Income | Adjusted Net Income | Cost of Goods Sold Not Included |
|---|
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| BP CAP MKTS 3.875% DUE 3/10/15 | 75,455 | 75,455 |
| GENERAL 7.125% DUE 12/31/49 | 116,375 | 116,375 |
| PNC 6.75% DUE 12/31/49 | 109,750 | 109,750 |
| SCHWAB CHARLES 7% DUE 12/31/49 | 57,782 | 57,782 |
| CHUBB CORP 6.375% DUE 3/29/67 | 107,205 | 107,205 |
| WISCONSIN 6.25% DUE 5/15/67 | 100,526 | 100,526 |
| FPL GROUP 7.3% DUE 9/1/67 | 80,250 | 80,250 |
| ENTERPRISE 7.034% DUE 1/15/68 | 93,235 | 93,235 |
| ABBVIE INC | 0 | 0 |
| ABBVIE INC | 0 | 0 |
| CHINA MOBILE | 0 | 0 |
| COVIDIEN PLC | 31,400 | 31,400 |
| FIDELITY FLOATING | 99,790 | 99,790 |
| GENERAL ELEC | 54,438 | 54,438 |
| GOLAR LNG | 0 | 0 |
| LAZARD LTD | 0 | 0 |
| NORTHSTAR RLTY | 20,832 | 20,832 |
| SCHLUMBERGER LIMITED | 21,353 | 21,353 |
| WHIRLPOOL CORP | 0 | 0 |
| WILLIAMS COS | 22,919 | 22,919 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 850 SHS ETFS PRECIOUS METALS B | 0 | 0 |
| 375 SHS ISHARES INC MSCI BRAZI | 0 | 0 |
| 2,535 SHS ISHARES TR MSCI EMER | 186,627 | 186,627 |
| 600 SHS ISHARES TR RUSSELL 100 | 195,749 | 195,749 |
| 12,125 SHS JPMORGAN CHASE & CO | 593,903 | 593,903 |
| 2,075 SHS MARKET VECTORS ETF T | 0 | 0 |
| 775 SHS POWERSHARES QQQ TR UNI | 225,600 | 225,600 |
| 320 SHS SPDR S&P MIDCAP 400 ET | 210,647 | 210,647 |
| 2,950 SHS WISDOMTREE TR EMERGI | 0 | 0 |
| 1,740.25 ARTISAN INTERNAT'L IN | 196,055 | 196,055 |
| 1,291.032 ARTISAN SMALL CAP VA | 138,485 | 138,485 |
| 584.717 COLUMBIA ACORN CLASS Z | 45,666 | 45,666 |
| 549.91 CONESTOGA SMALL CAP | 155,288 | 155,288 |
| 1,270.454 DODGE & COX INTERNAT | 195,032 | 195,032 |
| 2,560.494 GOLDMAN SACHS GROWTH | 218,224 | 218,224 |
| 2,510.306 PERKINS MID CAP VALU | 0 | 0 |
| 1,460.257 MATTHEWS CHINA FUND | 68,625 | 68,625 |
| 1,978.769 T ROWE PRICE NEW ASI | 85,381 | 85,381 |
| 871.724 T ROWE PRICE LATIN AME | 58,032 | 58,032 |
| 11,872.879 TEMPLETON GLOBAL BO | 245,152 | 245,152 |
| 203 SHS ACE LIMITED ORD CHF29. | 23,321 | 23,321 |
| 243 SHS ABBOTT LABORATORIES | 23,050 | 23,050 |
| 624 SHS ARCHER DANIELS MIDLAND | 0 | 0 |
| 214 SHS BOEING CO | 28,726 | 28,726 |
| 149 SHS CHEVRON CORP NEW | 16,715 | 16,715 |
| 212 SHS CHUBB CORP | 10,761 | 10,761 |
| 137 SHS DIAGEO ADR EACH REPR 4 | 8,100 | 8,100 |
| 754 SHS GENERAL ELECTRIC CO | 19,054 | 19,054 |
| 366 SHS GLAXOSMITHKLINE ADR EA | 0 | 0 |
| 258 SHS HOME DEPOT INC | 27,082 | 27,082 |
| 256 SHS HONEYWELL INTL INC | 25,580 | 25,580 |
| 83 SHS INTL BUSINESS MACH | 0 | 0 |
| 390 SHS JPMORGAN CHASE & CO | 24,406 | 24,406 |
| 226 SHS JOHNSON & JOHNSON | 23,633 | 23,633 |
| 480 SHS KINDER MORGAN INC DELA | 0 | 0 |
| 380 SHS MEDTRONIC INC | 18,483 | 18,483 |
| 256 SHS QUALCOMM INC | 19,028 | 19,028 |
| 231 SHS ROYAL DUTCH SHELL ADR | 0 | 0 |
| 597 SHS VODAFONE GROUP SPON AD | 0 | 0 |
| 481 SHS WALGREEN COMPANY | 0 | 0 |
| 486 SHS WELLS FARGO & CO NEW | 0 | 0 |
| 550 SHS ALTERA CORP | 20,317 | 20,317 |
| 112 SHS AMGEN INC | 17,840 | 17,840 |
| 258 SHS BAKER HUGHES INC | 14,466 | 14,466 |
| 6,810.964 SHS BLACKROCK STRATE | 70,205 | 70,205 |
| 809 SHS BLACKSTONE GROUP L P | 27,368 | 27,368 |
| 889 SHS E M C CORP MASS | 26,439 | 26,439 |
| 5,793.046 GOLDMAN SACHS N-11 | 61,867 | 61,867 |
| 2,432.198 GOLDMAN SACHS STRG | 25,003 | 25,003 |
| 347 SHS INTL PAPER CO | 18,592 | 18,592 |
| 925 SHS ISHARES CORE S&P SMALL | 105,506 | 105,506 |
| 735 SHS ISHARES MSCI EAFE SMAL | 34,332 | 34,332 |
| 135 SHS ISHARES S&P 500 GROWTH | 15,066 | 15,066 |
| 480 SHS ISHARES MIDCAP 400 GRO | 110,971 | 110,971 |
| 826 SHS ISHARES MIDCAP 400 VAL | 105,588 | 105,588 |
| 327 SHS METLIFE INC | 17,687 | 17,687 |
| 269 SHS OCCIDENTAL PETROLEUM C | 21,684 | 21,684 |
| 183 SHS PEPSICO INC | 17,304 | 17,304 |
| 210 SHS RAYTHEON CO COM | 22,716 | 22,716 |
| 400 SHS SPDR S&P 500 ETF TRUST | 82,216 | 82,216 |
| 272 SHS STARBUCKS CORP | 22,318 | 22,318 |
| 19,663.717 STONERIDGE REINSURA | 199,980 | 199,980 |
| 1,852.511 T ROWE PRICE GROWTH | 105,983 | 105,983 |
| 222 SHS TIME WARNER CABLE INC | 33,757 | 33,757 |
| 6,061.862 TOUCHSTONE MID CAP | 106,744 | 106,744 |
| 187 SHS UNITED TECHNOLOGIES CO | 21,505 | 21,505 |
| 675 SHS XILINX INC | 29,221 | 29,221 |
| 2,268.847 DOUBLELINE TOTAL RET | 24,889 | 24,889 |
| 942 SHS NORTHSTAR ASSET MGMT G | 21,261 | 21,261 |
| 4,094.772 TOCQUEVILLE GOLD FUN | 131,115 | 131,115 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| HURON VALLEY TENNIS CLUB | 79,209 | 79,209 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 11,492 | 11,492 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| POSTAGE AND SHIPPING | 234 | 234 | ||
| MISCELLANEOUS EXPENSES | 4,869 | 4,869 | ||
| FINANCIAL PLANNING FEES | 6,000 | 6,000 | ||
| LIABILITY INSURANCE | 2,135 | 2,135 | ||
| INVESTMENT MANAGEMENT FEES | 42,587 | 25,620 | 16,967 | |
| CONSULTING FEES | 3,000 | 3,000 | ||
| HEALTH INSURANCE | 10,574 | 10,574 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| OTHER INCOME | 2,199 | 2,199 | 2,199 |
| Description | Amount |
|---|---|
| Name | Address |
|---|---|
| SETH BONDER IRREVOCABLE TRUST |
2723 S STATE ST STE 400 ANN ARBOR,MI481046188 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PAYROLL TAXES | 3,972 | 3,972 | ||
| FOREIGN TAXES | 31 | 31 | ||
| FEDERAL TAX | 6,800 |