Form990-PF

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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
DUFFY FOUNDATION
C/O ERIK H SERR MILLER CANFIELD
Number and street (or P.O. box number if mail is not delivered to street address)101 N MAIN STREET 7TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANN ARBOR, MI48104
A Employer identification number

38-2908719
B Telephone number (see instructions)

(734) 663-2445
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$45,055,344J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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 Sch. B .............
3 Interest on savings and temporary cash investments 68 68  
4 Dividends and interest from securities... 1,286,122 1,267,944  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,137,170
b Gross sales price for all assets on line 6a 2,920,596
7 Capital gain net income (from Part IV, line 2)... 2,137,170
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).......      
12 Total. Add lines 1 through 11........ 3,423,360 3,405,182 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 42,413 21,206 0 21,207
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 61,541 52,791 0 8,750
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,708 0 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 20 10 0 10
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 135,682 74,007 0 29,967
25 Contributions, gifts, grants paid....... 3,329,000 3,329,000
26 Total expenses and disbursements. Add lines 24 and 25 3,464,682 74,007 0 3,358,967
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -41,322
b Net investment income (if negative, enter -0-) 3,331,175
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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............. 65 65 65
2 Savings and temporary cash investments......... 198,618 190,439 190,439
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)....... 22,204,963 Click to see attachment22,171,820 44,864,840
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)..........      
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) 22,403,646 22,362,324 45,055,344
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)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 22,403,646 22,362,324
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 22,403,646 22,362,324
31 Total liabilities and net assets/fund balances (see instructions). 22,403,646 22,362,324
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
22,403,646
2
Enter amount from Part I, line 27a .....................
2
-41,322
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
22,362,324
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
22,362,324
Form 990-PF (2015)
Form 990-PF (2015)
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 CLASS ACTION SETTLEMENT PROCEEDS P   2015-08-13
b CALL MCGRAW HILL FINC P 2015-02-19 2014-09-03
c 1,047 SHS, ARCHER-DANIELS MIDLAND P 2008-06-12 2015-11-10
d 5,000 SHS, COCA COLA CO P 2001-01-03 2015-11-15
e 4,000 KELLOGG CO P 1993-07-15 2015-11-12
1,333 SHS, KRAFT FOODS GROUP P   2015-07-06
1,000 SHS, MCGRAW HILLS FINCL P 2001-01-03 2015-02-20
1,000 SHS, MONDELEZ INTL INC P 2008-01-30 2015-11-12
1,500 SHS, MYLAND INC. P 2007-07-10 2015-03-02
3,000 SHS, PEPSICO INC. P 2001-01-03 2015-11-12
2,250 SHS, PROCTER & GAMBLE CO P 2006-04-17 2015-11-12
1,000 SHS, ROCKWELL AUTOMATION INC P 1977-02-03 2015-11-20
1111.11 SHS, TOPBUILD CORP P 2001-01-03 2015-11-11
4,000 SHS, VANGUARD ENERGY P 2010-05-17 2015-11-24
5,000 SHS, WALMART STORES INC P 2003-08-12 2015-12-07
10,000 SHS, WASTE MGMT INC P 2001-01-03  
1,241 SHS, DAIMLER AG P 1994-01-28 2015-11-23
THRU OLD NATIONAL P    
THRU OLD NATIONAL P    
THRU OLD NATIONAL P    
THRU OLD NATIONAL P    
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 3,828     3,828
b 6,803   37,543 -30,740
c 42,336   37,736 4,600
d 209,604   151,563 58,041
e 264,903   104,330 160,573
43,141   21,146 21,995
84,242   28,422 55,820
43,397   19,262 24,135
86,554   26,957 59,597
295,043   125,583 169,460
167,950   126,140 41,810
106,206   2,281 103,925
32,307   26,681 5,626
378,031   320,161 57,870
299,552   291,750 7,802
534,354   272,624 261,730
105,191   61,271 43,920
      7,045
      807,284
      73,255
      -17,560
217,154     217,154
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       3,828
b       -30,740
c       4,600
d       58,041
e       160,573
      21,995
      55,820
      24,135
      59,597
      169,460
      41,810
      103,925
      5,626
      57,870
      7,802
      261,730
      43,920
      7,045
      807,284
      73,255
      -17,560
      217,154
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 2,137,170
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 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))
2014 2,967,314 49,732,508 0.059665
2013 2,781,000 45,402,143 0.061253
2012 3,033,000 41,110,559 0.073777
2011 2,899,280 41,628,134 0.069647
2010 2,457,500 39,514,641 0.062192
2
Total of line 1, column (d) .....................
20.326534
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
0.065307
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
47,591,379
5
Multiply line 4 by line 3......................
5
3,108,050
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
33,312
7
Add lines 5 and 6........................
7
3,141,362
8
Enter qualifying distributions from Part XII, line 4.............
8
3,358,967
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 33,312
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 33,312
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 33,312
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 33,289
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 33,289
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 23
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 2015 estimated taxBullet   RefundedBullet 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 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 2015 or the taxable year beginning in 2015 (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
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 ofbulletERIK H SERR Telephone no.bullet (734) 663-2445

    Located atbullet101 N MAIN STREET 7TH FLOORANN ARBORMI ZIP+4bullet48104
    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 2015, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    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 instructions)? ........
    1b
     
     
    ........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 2015?.............
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 4945(d)(4)(A)? (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 (2015)
    Form 990-PF (2015)
    Page 7
    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
    ANDREA HOLMES PRESIDENT/TREASURER/DIRECTOR
    4.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    KATHRYN HOLMES VICE PRESIDENT/DIRECTOR
    4.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    CHRISTINE HOLMES VICE PRESIDENT/DIRECTOR
    4.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    ERIK SERR SECRETARY
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    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  
    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 instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    47,634,380
    b
    Average of monthly cash balances.......................
    1b
    681,741
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    48,316,121
    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
    48,316,121
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    724,742
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    47,591,379
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,379,569
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    2,379,569
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    33,312
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    33,312
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,346,257
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,346,257
    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
    2,346,257
    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
    3,358,967
    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
    3,358,967
    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
    33,312
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,325,655
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 2,346,257
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010...... 499,693
    b From 2011...... 838,453
    c From 2012...... 999,792
    d From 2013...... 544,620
    e From 2014...... 523,900
    fTotal of lines 3a through e........ 3,406,458
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 3,358,967
    a Applied to 2014, 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 2015 distributable amount..... 2,346,257
    e Remaining amount distributed out of corpus 1,012,710
    5 Excess distributions carryover applied to 2015. 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 4,419,168
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		499,693
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		3,919,475
    10 Analysis of line 9:
    a Excess from 2011.... 838,453
    b Excess from 2012.... 999,792
    c Excess from 2013.... 544,620
    d Excess from 2014.... 523,900
    e Excess from 2015.... 1,012,710
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 11
    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
    ALLIANCE FOR THE GREAT LAKES (DALE S BRYSON FUND)
    150 N MICHIGAN AVE SUITE 700
    CHICAGO,IL60601     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 10,000
    AMERICAN RED CROSS - SOUTHEASTERN MICHIGAN REGIONAL CHAPTER
    4624 PACKARD ROAD
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 40,000
    ANIMALS AND SOCIETY INSTITUTE INC FOR THE ANICARE PROGRAM
    2512 CARPENTER ROAD SUITE 201
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 10,000
    ANN ARBOR AREA COMMUNITY FOUNDATION
    301 N MAIN STREET SUITE 300
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    ANN ARBOR CENTER FOR INDEPENDENT LIVING
    3941 RESEARCH PARK DRIVE
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 50,000
    ANN ARBOR COMMUNITY CENTER
    625 N MAIN STREET
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 20,000
    ANN ARBOR HANDS-ON MUSEUM
    220 E ANNE STREET
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 95,000
    ARBOR HOSPICE FOUNDATION
    2366 OAK VALLEY DRIVE
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 75,000
    ARBOR HOSPICE
    2366 OAK VALLEY DRIVE
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 75,000
    BURT LAKE PRESERVATION ASSOCIATION
    PO BOX 632
    INDIAN RIVER,MI49749     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 10,000
    CATHOLIC SOCIAL SERVICES OF WASHTENAW COUNTY
    4925 PACKARD ROAD
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 15,000
    CHILDREN'S LITERACY NETWORK
    1954 S INDUSTRIAL HIGHWAY SUITE D
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 5,000
    CORNER HEALTH CENTER
    47 N HURON STREET
    YPSILANTI,MI48197     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 45,000
    DAWN INC
    502 WEST HURON
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 80,000
    DETROIT ZOOLOGICAL SOCIETY - OPERATING PURPOSES
    8450 W 10 MILE ROAD
    ROYAL OAK,MI48062     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 40,000
    DETROIT ZOOLOGICAL SOCIETY - POLK PENGUIN CONSERVATION CTR
    8450 W 10 MILE ROAD
    ROYAL OAK,MI48062     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 40,000
    DOMESTIC VIOLENCE PROJECT INC
    4100 CLARK ROAD
    ANN ARBOR,MI48105     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 90,000
    EARLY LEARNING CENTER
    3070 REDWOOD
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 8,000
    ELE'S PLACE
    1582 EISENHOWER PLACE
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 5,000
    FOOD GATHERERS
    PO BOX 131037
    ANN ARBOR,MI48113     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 80,000
    FRIENDS OF CHILDREN'S ONCOLOGY CAMP FOUNDATION
    121 W LONG LAKE ROAD STE 120
    BLOOMFIELD HILLS,MI48304     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 5,000
    GREAT LAKES RABBIT SANCTUARY
    PO BOX 7
    WHITTAKER,MI48190     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 17,000
    HABITAT FOR HUMANITY OF HURON VALLEY
    170 APRILL DRIVE SUITE A
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 30,000
    HOPE MEDICAL CLINIC INC
    PO BOX 980311
    YPSILANTI,MI48198     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 40,000
    HORSES HAVEN
    PO BOX 166
    HOWELL,MI48844     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 60,000
    HUMANE SOCIETY OF HURON VALLEY
    3100 CHERRY HILL ROAD
    ANN ARBOR,MI48105     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 90,000
    LEADER DOGS FOR THE BLIND
    PO BOX 5000
    ROCHESTER,MI483085000     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 30,000
    LEGACY LAND CONSERVANCY
    1100 N MAIN STREET SUITE 203
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 65,000
    LIFELINE INC DBA LIFELINE PILOTS
    6100 W EVERETT DIRKSEN PARKWAY
    PEORIA,IL61607     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 30,000
    LIONS VISUALLY IMPAIRED YOUTH CAMP INC
    3409 N FIVE LAKES ROAD
    LAPEER,MI48446     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 5,000
    LIVINGSTON AREA COUNCIL AGAINST SPOUSE ABUSE INC
    2895 W GRAND RIVER PO BOX 72
    HOWELL,MI48843     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 35,000
    MCLAREN-NORTHERN MICHIGAN FDN
    360 CONNABLE AVE
    PETOSKEY,MI49770     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 50,000
    MICHIGAN ABILITY PARTNERS
    3810 PACKARD ROAD SUITE 200
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 50,000
    MICHIGAN ANTI-CRUELTY SOCIETY
    13569 JOSEPH CAMPAU
    DETROIT,MI48212     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 60,000
    MICHIGAN FRIENDS CENTER INC
    7748 CLARK LAKE ROAD PO BOX 218
    CHELSEA,MI48118     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 2,000
    MICHIGAN HUMANE SOCIETY - ANIMAL CARE CAMPUS IN DETROIT
    30300 TELEGRAPH ROAD SUITE 220
    BINGHAM FARMS,MI48025     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 60,000
    MICHIGAN HUMANE SOCIETY - OPERATING PURPOSES
    30300 TELEGRAPH ROAD SUITE 220
    BINGHAM FARMS,MI48025     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 60,000
    MICHIGAN THEATER FOUNDATION INC
    603 E LIBERTY
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 50,000
    NATIONAL FOUNDATION FOR TRANSPLANTS
    5350 POPLAR AVE SUITE 430
    MEMPHIS,TN38119     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 50,000
    NEUTRAL ZONE (DBA ANN ARBOR TEEN CENTER INC)
    310 E WASHINGTON
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    OZONE HOUSE INC
    1705 WASHTENAW
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 90,000
    PAWS WITH A CAUSE
    4646 SOUTH DIVISION
    WAYLAND,MI49348     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 80,000
    PEACE NEIGHBORHOOD CENTER
    1111 NORTH MAPLE ROAD
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 10,000
    PURPLE ROSE THEATRE COMPANY
    137 PARK STREET
    CHELSEA,MI48118     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 30,000
    RECYCLE ANN ARBOR
    2420 SOUTH INDUSTRIAL HIGHWAY
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 5,000
    REGENTS OF THE UNIVERSITY OF MICHIGAN - ANN ARBOR MEALS ON WHEELS
    2025 TRAVERWOOD SUITE F
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 85,000
    REGENTS OF THE UNIVERSITY OF MICHIGAN - EXHIBIT MUSEUM OF NATURAL HISTORY
    1109 GEDDES AVE
    ANN ARBOR,MI48109     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 8,000
    REGENTS OF THE UNIVERSITY OF MICHIGAN - REACH OUT AND READ PROGRAM
    1000 OAKBROOK DRIVE SUITE 100
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 5,000
    RONALD MCDONALD HOUSE CHARITIES OF HURON VALLEY
    1600 WASHINGTON HEIGHTS
    ANN ARBOR,MI48104     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 35,000
    SHELTER ASSOCIATION OF WASHTENAW COUNTY
    312 W HURON STREET
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 160,000
    SOS COMMUNITY SERVICES
    101 SOUTH HURON
    YPSILANTI,MI48197     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 45,000
    SOUTHEAST MICHIGAN LAND CONSERVANCY
    8383 VREELAND ROAD
    YPSILANTI,MI48198     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    ST JOSEPH MERCY CHELSEA - CANCER CENTER
    777 S MAIN STREET
    CHELSEA,MI48118     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 125,000
    ST LOUIS CENTER FOR EXCEPTIONAL CHILDREN - GENERAL OPERATING
    16195 OLD US 12
    CHELSEA,MI48118     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 75,000
    ST LOUIS CENTER FOR EXCEPTIONAL CHILDREN - LEGACY CAPITAL CAMPAIGN
    16195 OLD US 12
    CHELSEA,MI48118     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 75,000
    THERAPEUTIC RIDING INC
    3425 EAST MORGAN ROAD
    ANN ARBOR,MI48108     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 35,000
    TIP OF THE MITT WATERSHED COUNCIL
    426 BAY STREET
    PETOSKEY,MI49770     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    TRAIL'S END WILDLIFE REFUGE INC
    3962 N CARDINAL CREST
    MARTINSVILLE,IN46151     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 20,000
    UNITED METHODIST RETIREMENT FOUNDATION
    805 WEST MIDDLE STREET SUITE 4
    CHELSEA,MI48118     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 155,000
    UNIVERSITY MUSICAL SOCIETY
    BURTON MEMORIAL TOWER 881 N
    UNIVERSITY AVE
    ANN ARBOR,MI48109     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 100,000
    WASHTENAW COUNTY HISTORICAL SOCIETY
    PO BOX 3336
    ANN ARBOR,MI48106     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 4,000
    WASHTENAW HOUSING ALLIANCE
    PO BOX 7993
    ANN ARBOR,MI48107     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 60,000
    WASHTENAW LITERACY
    5577 WHITTAKER ROAD
    YPSILANTI,MI48197     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 45,000
    YPSILANTI MEALS ON WHEELS
    1110 W CROSS
    YPSILANTI,MI48197     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    MOST HOLY TRINITY SCHOOL
    1229 LABROSSE
    DETROIT,MI48226     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    DETROIT CRISTO REY HIGH SCHOOL INC
    5679 WEST VERNOR HWY
    DETROIT,MI482092157     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    CATHOLIC CENTRAL HIGH SCHOOL OF DETROIT
    27225 WIXOM ROAD
    NOVI,MI48374     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 25,000
    ANN ARBOR YMCA - GENERAL OPERATIONS
    400 W WASHINGTON
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 100,000
    ANN ARBOR YMCA - CAMP AL-GON-QUIAN
    400 W WASHINGTON
    ANN ARBOR,MI48103     		N/A PUBLIC CHARITY USE CONSISTENT W/501(C)(3) STATUS 200,000
    Total .................................bullet 3a 3,329,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    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 68  
    4 Dividends and interest from securities....     14 1,286,122  
    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.....          
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 2,137,170  
    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 3,423,360 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    133,423,360
    (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 (2015)
    Form 990-PF (2015)
    Page 13
    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 organizations?
    Yes
    No
    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) 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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    DUFFY FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-2908719
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALTRIA GROUP INC. 13,184 203,735
    AMERICAN MOVIL SAB 193,220 705,812
    ARCHER-DANIELS-MIDLAND CO 161,560 511,796
    AT&T 31,822 425,583
    BANK OF AMERICA 308,473 336,600
    BOEING CO 97,962 596,868
    CHEVRON CORPORATION 394,897 770,058
    CISCO SYSTEMS INC. 66,356 101,831
    CMS ENERGY CORP 26,281 54,120
    COCA COLA COMPANY 606,250 859,200
    COMCAST CORP NEW 149,155 1,089,155
    CONOCOPHILLIPS 96,608 70,035
    DAIMLER AG 93,242 208,623
    DISNEY WALT COMPANY 51,385 157,620
    DOW CHEMICAL COMPANY 1,073,339 1,605,455
    EXELON CORPORATION 219,915 1,221,880
    EXXON MOBIL CORP 787,500 1,403,100
    FINANCIAL SELECT SECTOR 213,391 238,300
    GENERAL ELECTRIC CO 660,266 918,925
    HERSHEY COMPANY 157,734 446,350
    HONEYWELL INTL INC 67,709 225,265
    HSBC HOLDINGS PLC SPON ADR 36,520 122,594
    INTEL CORP 235,675 336,749
    INTERNATIONAL BUSINESS MACHINE CORP 576,059 936,504
    JOHNSON & JOHNSON 138,499 3,184,320
    JOHNSON CONTROLS INC 90,591 220,749
    JP MORGAN CHASE & CO 513,405 1,119,209
    KELLOGG COMPANY 425,000 1,156,320
    KRAFT FOODS GROUP 21,146 96,989
    MASCO CORP 218,320 283,000
    MCGRAW-HILL FINANCIAL INC 170,531 591,480
    MERCK & CO INC NEW 350,505 528,200
    METLIFE INC 21,563 36,158
    MICORSOFT CORP 886,198 1,840,549
    MONDELEZ INTL INC 19,865 134,520
    MOODY'S CORP 30,792 401,360
    MYLAN INC 86,554 81,105
    PEPSICO INC 240,324 999,200
    PHILLIPS 66 28,711 61,350
    PROCTER & GAMBLE CO 131,235 929,097
    PRUDENTIAL FINANCIAL INC 123,558 203,525
    RAYTHEON COMPANY 94,705 398,496
    ROCKWELL AUTOMATION INC 20,530 923,490
    ROCKWELL COLLINS 31,235 830,700
    SPDR S&P 500 886,753 1,687,024
    TCF FINANCIAL CORP 30,002 423,600
    TYSON FOODS INC CLS A 124,205 399,975
    VANGUARD ENERGY 1,600,804 1,662,400
    VANGUARD INFORMATION TECHNOLOGY 137,364 216,580
    VERIZON COMMUNICATIONS COM 189,814 182,338
    VODAFONE GROUP PLC NEW 67,272 263,919
    WAL-MART STORES INC 319,295 367,800
    WASTE MGMT INC DEL 209,834 533,700
    WELLS FARGO COMPANY 405,126 679,500
    ZIMMER HOLDINGS INC 14,373 213,387
    3M CO 531,563 1,355,760
    CAPITAL WORLD GROWTH & INCOME FD 292,217 333,518
    FUNDAMENTAL INVS INC, CLS A 473,453 602,271
    GROWTH FUND OF AMERICA, CLS A 500,193 619,115
    NEW ECONOMY FUND CLS A 171,790 160,495
    BLACKROCK ENHANCED CAPITAL AND INCOME FD 332,373 317,402
    BLACKROCK ENHANCED EQUITY DIVIDEND TRUST 276,970 268,908
    JOHN HANCOCK HEDGED EQUITY & INCOME FD 399,545 329,292
    MCDONALDS CORP 43,613 94,512
    NIKE INC CLS B 55,321 175,000
    TJX CO INC 50,478 184,366
    CVS HEALTH CORP 91,373 119,768
    COSTCO WHSL CORP NEW 51,734 161,500
    PROCTER & GAMBLE CO 79,821 111,174
    CHEVRON CORPORATION 30,348 80,964
    CONOCOPHILLIPS 135,047 93,380
    EXXON MOBIL CORP 32,085 58,463
    MARATHON OIL CORP 27,198 22,662
    CHUBB CORP 47,393 152,536
    METLIFE INC 104,016 96,420
    WELLS FARGO COMPANY 104,006 184,824
    ABBOTT LABS 74,520 112,275
    EXPRESS SCRIPTS HLDG CO 66,848 87,410
    JOHNSON & JOHNSON 29,909 102,720
    STRYKER CORP 46,103 157,998
    THERMO FISHER SCIENTIFIC INC 70,798 78,018
    BOEING CO 99,362 115,672
    CATERPILLAR INC 16,973 40,776
    CUMMINS INC 38,916 35,204
    DANAHER CORP 51,357 130,032
    GENERAL DYNAMICS CORP 55,836 103,020
    UNION PACIFIC CORP 108,791 82,110
    UNITED TECH CORP 51,010 96,070
    APPLE INC 97,363 210,520
    AUTOMATIC DATA PROCESSING INC 41,899 84,720
    EBAY INC 30,102 37,098
    MICORSOFT CORP 37,947 72,124
    MICROCHIP TECHNOLOGY INC 66,976 93,080
    ORACLE CORP 60,175 109,590
    QUALCOMM INC 81,478 56,233
    VISA INC CLS A 86,726 124,080
    ISHARES CORE S&P SMALL CAP ETC 101,340 220,220
    MFS SER TECHNOLOGY FD 263,954 270,037
    MACYS INC 88,337 61,215
    SELECT SECTOR SPDR CONSUMER 143,859 146,552
    CHURCH & DWIGHT INC. 66,328 63,660
    NOBLE ENERGY INC 37,053 32,930
    BERKSHIRE HATHAWAY INC 112,260 99,030
    CROWN CASTLE INTL CORP 106,506 107,457
    GOLDMAN SACHS 129,894 126,161
    JP MORGAN CHASE & CO 62,629 66,030
    ISHARES NASDAQ BIOTECHNOLOGY 169,966 169,165
    MCKESSON CORP 97,438 98,615
    ALPHABET INC, CLS C 28,831 75,888
    ALPHABET INC, CLS A 28,837 77,801
    PAYPAL HOLDINGS 44,350 48,870
    GOLDMAN SACHS MID CAP VALUE 450,000 380,946
    GOLDMAN SACHS GROWTH OPPTYS 300,000 264,726
    DEUTSCHE CROCI INTL INSTL FD 250,000 240,621
    DRIEHAUS EMERGING MKTS GROWTH 250,000 236,284
    OAKMARK INTL FD 225,000 208,956
    OPPENHEIMER INTL GROWTH 225,000 222,398

    TY 2015 LegalFeesSchedule
    Name:
    DUFFY FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-2908719
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MILLER, CANFIELD, PADDOCK & STONE, PLC 42,413 21,206 0 21,207


    TY 2015 OtherExpensesSchedule
    Name:
    DUFFY FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-2908719
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE OF MICHIGAN 20 10 0 10


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    DUFFY FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-2908719
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OLD NATIONAL INVESTMENT MGMT FEES 44,041 44,041 0 0
    CONSULTING FEES 17,500 8,750 0 8,750


    TY 2015 TaxesSchedule
    Name:
    DUFFY FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-2908719
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIRST CLEARING LLC - FOREIGN TAX W/H 2,863 0 0 0
    OLD NATIONAL - FOREIGN TAX W/H 1,845 0 0 0
    EXCISE TAX 27,000 0 0 0