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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
GILBERT FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1074 WOODWARD AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI482261906
A Employer identification number

81-0810541
B Telephone number (see instructions)

(313) 782-9500
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$125,210,003J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments 2,877,419 2,878,552  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 378,142
b Gross sales price for all assets on line 6a 67,357,192
7 Capital gain net income (from Part IV, line 2)... 378,142
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........ 3,255,561 3,256,694 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 129,096 0 0 129,096
14 Other employee salaries and wages...... 100,183 0 0 100,003
15 Pension plans, employee benefits....... 18,133 0 0 18,131
16a Legal fees (attach schedule)......... Click to see attachment 509,398 0 0 560,624
b Accounting fees (attach schedule)....... Click to see attachment 33,035 16,517 0 12,368
c Other professional fees (attach schedule).... Click to see attachment 341,191 333,841 0 7,350
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 26,406 3,601 0 0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 46,348 0 0 45,935
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 51,321 0 0 38,829
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,255,111 353,959 0 912,336
25 Contributions, gifts, grants paid....... 7,696,242 9,676,998
26 Total expenses and disbursements. Add lines 24 and 25 8,951,353 353,959 0 10,589,334
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,695,792
b Net investment income (if negative, enter -0-) 2,902,735
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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............. 146,649 635,549 635,549
2 Savings and temporary cash investments......... 77,081,078 35,148,766 35,148,766
3 Accounts receivable bullet45,754
Less: allowance for doubtful accounts bullet   25,800 45,754 45,754
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.......... 14,078 19,512 19,512
10a Investments—U.S. and state government obligations (attach schedule) 11,831,798 Click to see attachment11,331,950 11,331,950
b Investments—corporate stock (attach schedule)....... 17,200,016 Click to see attachment42,339,823 42,339,823
c Investments—corporate bonds (attach schedule)....... 22,645,045 Click to see attachment23,084,719 23,084,719
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,556,752 Click to see attachment12,603,930 12,603,930
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) 141,501,216 125,210,003 125,210,003
Liabilities 17 Accounts payable and accrued expenses.......... 75,491 40,702
18 Grants payable................. 13,812,465 11,839,710
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)......... 13,887,956 11,880,412
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 150,000,000 150,000,000
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -22,386,740 -36,670,409
30 Total net assets or fund balances (see instructions)..... 127,613,260 113,329,591
31 Total liabilities and net assets/fund balances (see instructions). 141,501,216 125,210,003
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
127,613,260
2
Enter amount from Part I, line 27a .....................
2
-5,695,792
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
121,917,468
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
8,587,877
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
113,329,591
Form 990-PF (2018)
Form 990-PF (2018)
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 REALIZED GAINS ON PUBLICLY TRADED SECURITIES P    
b
c
d
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 67,357,192   66,979,050 378,142
b
c
d
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       378,142
b
c
d
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 2 378,142
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))
2017 5,327,767 142,152,150 0.037479
2016 5,550,815 97,650,621 0.056844
2015 0 49,250,000 0.000000
2014      
2013      
2
Total of line 1, column (d) .....................
2
0.094323
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.031441
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
135,920,390
5
Multiply line 4 by line 3......................
5
4,273,473
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
29,027
7
Add lines 5 and 6........................
7
4,302,500
8
Enter qualifying distributions from Part XII, line 4,.............
8
10,589,334
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 29,027
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 29,027
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 29,027
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 34,170
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 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 34,170
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 5,143
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet5,143 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 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 2018 or the taxable year beginning in 2018? See the 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 (2018)
    Form 990-PF (2018)
    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 Click to see attachment.............
    11
    Yes
     
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.GILBERTFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletMATTHEW RIZIK Telephone no.bullet (313) 782-9500

    Located atbullet1074 WOODWARD AVENUEDETROITMI ZIP+4bullet482261906
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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
     
    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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    DANIEL B GILBERT TRUSTEE
    1.00     		0 0 0
    1074 WOODWARD AVENUE
    DETROIT,MI48226
    JENNIFER GILBERT TRUSTEE
    1.00     		0 0 0
    1074 WOODWARD AVENUE
    DETROIT,MI48226
    MATTHEW RIZIK CHIEF TAX OFFICER
    1.00     		0 0 0
    1074 WOODWARD AVENUE
    DETROIT,MI48226
    JOYCE KELLER EXECUTIVE DIRECTOR
    28.00     		129,096 0 0
    1074 WOODWARD AVENUE
    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
    YOORI KIM SCIENTIFIC OFFICER
    40.00     		84,577 0 0
    1074 WOODWARD AVENUE
    DETROIT,MI48226
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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
    ARNOLD PORTER KAYE SCHOLER LEGAL SERVICES 519,176
    601 MASSACHUSETTS AVE
    WASHINGTON,DC20001
    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 (2018)
    Form 990-PF (2018)
    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
    119,453,892
    b
    Average of monthly cash balances.......................
    1b
    18,536,352
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    137,990,244
    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
    137,990,244
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,069,854
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    135,920,390
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,796,020
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,796,020
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    29,027
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    29,027
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,766,993
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,766,993
    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
    6,766,993
    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
    10,589,334
    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
    10,589,334
    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
    29,027
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    10,560,307
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 6,766,993
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 1,220,433
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015......  
    d From 2016......  
    e From 2017......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 10,589,334
    a Applied to 2017, but not more than line 2a 1,220,433
    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 2018 distributable amount..... 6,766,993
    e Remaining amount distributed out of corpus 2,601,908
    5 Excess distributions carryover applied to 2018. 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 2,601,908
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		2,601,908
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015....  
    c Excess from 2016....  
    d Excess from 2017....  
    e Excess from 2018.... 2,601,908
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 (2018)
    Form 990-PF (2018)
    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
    COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN
    333 W FORT STREET
    DETROIT,MI48226     		N/A PC GENERAL 2,800,000
    MICHIGAN STATE UNIVERSITY
    535 CHESTNUT ROAD ROOM 300
    EAST LANSING,MI48824     		N/A PC EDUCATIONAL 2,500,000
    UMASS MEDICAL SCHOOL
    55 LAKE AVENUE NORTH
    WORCESTER,MA01655     		N/A PC SCIENTIFIC 810,602
    DUKE UNIVERSITY
    2200 W MAIN STREET SUITE 710
    DURHAM,NC27705     		N/A PC SCIENTIFIC 595,808
    REGIONAL AREA INITIAL LINK
    7520 WOODWARD AVE
    DETROIT,MI48202     		N/A PC GENERAL 500,000
    WAYNE STATE UNIVERSITY
    5700 CASS AVENUE SUITE 1200
    DETROIT,MI48202     		N/A PC EDUCATIONAL 405,000
    BEAUMONT FOUNDATION
    3711 WEST THIRTEEN MILE
    ROYAL OAK,MI48073     		N/A PC SCIENTIFIC 300,000
    CLEVELAND CLINIC FOUNDATION
    9500 EUCLID AVENUE
    CLEVELAND,MI44195     		N/A PC GENERAL 202,000
    THE B FOUNDATION
    76 BEAVER STREET 2ND FLOOR
    NEW YORK,NY10005     		N/A PC SCIENTIFIC 98,634
    CRANBROOK ACADEMY OF ART AND ART MUSEUM
    39221 WOODWARD AVENUE
    BLOOMFIELD HILLS,MI48303     		N/A PC CULTURAL 84,750
    ALZHEIMER'S ASSOCIATION
    25200 TELEGRAPH ROAD SUITE 100
    SOUTHFIELD,MI48033     		N/A PC SCIENTIFIC 50,000
    CHALLENGED ATHLETES FOUNDATION
    9591 WAPLES STREET
    SAN DIEGO,CA92121     		N/A PC GENERAL 50,000
    MASSACHUSETTS GENERAL HOSPITAL
    125 NASHUA STREET SUITE 540
    BOSTON,MA02114     		N/A PC SCIENTIFIC 50,000
    WORLD CRANIOFACIAL FOUNDATION
    7777 FOREST LANE SUITE C-616
    DALLAS,TX75230     		N/A PC SCIENTIFIC 50,000
    REGENTS OF THE UNIVERSITY OF MICHIGAN
    3003 S STATE STREET 5000 WOLVERINE
    TOWER
    ANN ARBOR,MI48109     		N/A PC SCIENTIFIC 43,000
    ORT AMERICA
    6735 TELEGRAPH RD SUITE 375
    BLOOMFIELD HILLS,MI48301     		N/A PC EDUCATIONAL 30,000
    AUTISM ALLIANCE OF MICHIGAN
    26500 AMERICAN DRIVE
    SOUTHFIELD,MI48034     		N/A PC SCIENTIFIC 25,000
    HILLEL DAY SCHOOL
    32200 MIDDLEBELT ROAD
    FARMINGTON HILLS,MI48334     		N/A PC GENERAL 25,000
    WAYNE STATE UNIVERSITY SCHOOL OF MEDICINE
    504 E CANFIELD 1369 SCOTT HALL
    DETROIT,MI48201     		N/A PC EDUCATIONAL 25,000
    CHILDREN'S TUMOR FOUNDATION
    120 WALL STREET 16TH FLOOR
    NEW YORK,NY10005     		N/A PC SCIENTIFIC 21,085
    JACKIE ROBINSON FOUNDATION
    75 VARICK STREET 2ND FLOOR
    NEW YORK,NY10013     		N/A PC EDUCATIONAL 20,000
    STARFISH FAMILY SERVICES
    30000 HIVELEY RD
    INKSTER,MI48141     		N/A PC EDUCATIONAL 12,500
    THE INNOCENCE PROJECT
    40 WORTH ST SUITE 701
    NEW YORK,NY10013     		N/A PC GENERAL 12,500
    CROHN'S & COLITIS FOUNDATION - MICHIGAN CHAPTER
    25882 ORCHARD LAKE ROAD SUITE 102
    FARMINGTON HILLS,MI48336     		N/A PC SCIENTIFIC 10,000
    FRIENDS OF CAMP MAK-A-DREAM
    121 W LONG LAKE ROAD SUITE 120
    BLOOMFIELD HILLS,MI48304     		N/A PC EDUCATIONAL 10,000
    MOCAD
    4454 WOODWARD AVE
    DETROIT,MI48201     		N/A PC EDUCATIONAL 10,000
    SKY FOUNDATION
    33 BLOOMFIELD HILLS PARKWAY SUITE
    275
    BLOOMFIELD HILLS,MI48304     		N/A PC SCIENTIFIC 10,000
    BARBARA ANN KARMANOS CANCER INSTITUTE
    4100 JOHN R NC06DS
    DETROIT,MI48201     		N/A PC SCIENTIFIC 5,000
    CHIERA FAMILY FOUNDATION
    4171 W HILLSBORO BLVD SUITE 11
    COCONUT CREEK,FL33073     		N/A PC GENERAL 5,000
    CHILD SAFE MICHIGAN
    4415 SPRINGER AVE
    ROYAL OAK,MI48073     		N/A PC EDUCATIONAL 5,000
    FORGOTTEN HARVEST
    21800 GREENFIELD
    OAK PARK,MI48237     		N/A PC EDUCATIONAL 5,000
    JDRF
    26 BROADWAY 14TH FLOOR
    NEW YORK,NY10004     		N/A PC SCIENTIFIC 5,000
    PELOTONIA
    7 EASTON OVAL
    COLUMBUS,OH43219     		N/A PC GENERAL 5,000
    SMILE TRAIN
    PO BOX 96231
    WASHINGTON,DC20090     		N/A PC GENERAL 5,000
    V FOUNDATION
    14600 WESTON PARKWAY
    CARY,NC27513     		N/A PC SCIENTIFIC 5,000
    GIGI'S PLAYHOUSE INC
    2350 WEST HIGGINS ROAD
    HOFFMAN ESTATES,IL60169     		N/A PC EDUCATIONAL 3,000
    ST BALDRICK'S
    1333 SOUTH MAYFLOWER AVENUE SUITE
    400
    MONROVIA,CA91016     		N/A PC GENERAL 3,000
    BRILLIANT DETROIT
    5675 LARKINS STREET
    DETROIT,MI48210     		N/A PC EDUCATIONAL 2,500
    CITY YEAR
    1 FORD PLACE SUITE 1F
    DETROIT,MI48202     		N/A PC EDUCATIONAL 2,500
    MATTHEW BITTKER FOUNDATION
    6960 ORCHARD LAKE RD SUITE 303
    WEST BLOOMFIELD,MI48322     		N/A PC SCIENTIFIC 2,500
    JAPHET SCHOOL
    839 S CROOKS
    CLAWSON,MI48017     		N/A PC EDUCATIONAL 1,500
    NEUROFIBROMATOSIS SUPPORT GROUP OF WEST MICHIGAN
    4253 SOMERVILLE DRIVE
    WEST BLOOMFIELD,MI48323     		N/A PC SCIENTIFIC 1,500
    MULTIPLE SCLEROSIS SOCIETY
    29777 TELEGRAPH ROAD SUITE 1651
    SOUTHFIELD,MI48034     		N/A PC GENERAL 1,000
    PAYPAL GIVING FUND
    1250 I STREET NW SUITE 1202
    WASHINGTON,DC20005     		N/A PC GENERAL 750
    AMERICAN DIABETES ASSOCIATION
    20700 CIVIC CENTER DRIVE SUITE 100
    SOUTHFIELD,MI48076     		N/A PC SCIENTIFIC 500
    AMERICAN FOUNDATION FOR SUICIDE PREVENTION MICHIGAN
    37637 FIVE MILE RD 187
    LIVONIA,MI48154     		N/A PC GENERAL 500
    DETROIT PAL
    1680 MICHIGAN AVE
    DETROIT,MI48216     		N/A PC CULTURAL 500
    ILITCH CHARITIES
    2211 WOODWARD AVENUE
    DETROIT,MI48201     		N/A PC GENERAL 500
    JARC
    30301 NORTHWESTERN HWY SUITE 100
    FARMINGTON HILLS,MI48334     		N/A PC GENERAL 500
    LIVING AND LEARNING ENRICHMENT CENTER
    315 GRISWOLD ST
    NORTHVILLE,MI48167     		N/A PC EDUCATIONAL 500
    RACQUET UP DETROIT
    PO BOX 11404
    DETROIT,MI48211     		N/A PC EDUCATIONAL 500
    AID FOR AIDS OF NEVADA
    1120 ALMOND TREE LANE
    LAS VEGAS,NV89104     		N/A PC SCIENTIFIC 250
    CAPUCHIN SOUP KITCHEN
    1820 MT ELLIOTT STREET
    DETROIT,MI48207     		N/A PC GENERAL 250
    JEWISH FEDERATION OF METROPOLITAN DETROIT
    6735 TELEGRAPH ROAD
    BLOOMFIELD HILLS,MI48301     		N/A PC CULTURAL 250
    TEMPLE ISRAEL
    5725 WALNUT LAKE ROAD
    WEST BLOOMFIELD,MI48323     		N/A PC CULTURAL 250
    NF FORWARD
    1074 WOODWARD AVENUE
    DETROIT,MI48226     		  PC SCIENTIFIC 863,369
    Total .................................bullet 3a 9,676,998
    bApproved for future payment
    CLEVELAND CLINIC FOUNDATION
    9500 EUCLID AVENUE
    CLEVELAND,MI44195     		N/A PC GENERAL 800,000
    BALL FOUNDATION OF MICHIGAN
    PO BOX 44103
    DETROIT,MI48244     		N/A PC EDUCATIONAL 500
    NF FORWARD
    1074 WOODWARD AVENUE
    DETROIT,MI48226     		  PC SCIENTIFIC 920,926
    Total .................................bullet 3b 1,721,426
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2,877,419  
    4 Dividends and interest from securities....          
    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 ............     		    18 378,142  
    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 3,255,561 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,255,561
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 33,035 16,517 0 12,368

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Name of Bond End of Year Book Value End of Year Fair Market Value
    CORPORATE BONDS - 4401 107,033 107,033
    CORPORATE BONDS - 4402 317,869 317,869
    CORPORATE BONDS - 4403 75,672 75,672
    CORPORATE BONDS - 4405 143,479 143,479
    CORPORATE BONDS - 4406 92,139 92,139
    CORPORATE BONDS - 4407 319,822 319,822
    CORPORATE BONDS - 4408 84,837 84,837
    CORPORATE BONDS - 4409 78,013 78,013
    CORPORATE BONDS - 4410 365,234 365,234
    CORPORATE BONDS - 4413 87,948 87,948
    CORPORATE BONDS - 4414 318,782 318,782
    CORPORATE BONDS - 4417 333,596 333,596
    CORPORATE BONDS - 4418 237,307 237,307
    CORPORATE BONDS - 4419 157,276 157,276
    CORPORATE BONDS - 4420 141,747 141,747
    CORPORATE BONDS - 4421 101,452 101,452
    CORPORATE BONDS - 4422 189,201 189,201
    CORPORATE BONDS - 4423 110,116 110,116
    CORPORATE BONDS - 4424 281,505 281,505
    CORPORATE BONDS - 4425 275,990 275,990
    CORPORATE BONDS - 4426 145,854 145,854
    CORPORATE BONDS - 4427 330,198 330,198
    CORPORATE BONDS - 4428 183,589 183,589
    CORPORATE BONDS - 4429 138,737 138,737
    CORPORATE BONDS - 4431 91,341 91,341
    CORPORATE BONDS - 4432 87,705 87,705
    CORPORATE BONDS - 4433 276,788 276,788
    CORPORATE BONDS - 4434 146,807 146,807
    CORPORATE BONDS - 4435 317,322 317,322
    CORPORATE BONDS - 4438 49,910 49,910
    CORPORATE BONDS - 4440 211,121 211,121
    CORPORATE BONDS - 4441 104,352 104,352
    CORPORATE BONDS - 4443 91,366 91,366
    CORPORATE BONDS - 4444 317,562 317,562
    CORPORATE BONDS - 4447 297,303 297,303
    CORPORATE BONDS - 4448 81,958 81,958
    CORPORATE BONDS - 4449 68,514 68,514
    CORPORATE BONDS - 4450 67,727 67,727
    CORPORATE BONDS - 4451 180,031 180,031
    CORPORATE BONDS - 4452 138,300 138,300
    CORPORATE BONDS - 4453 337,368 337,368
    CORPORATE BONDS - 4455 172,617 172,617
    CORPORATE BONDS - 4456 142,850 142,850
    CORPORATE BONDS - 4457 240,254 240,254
    CORPORATE BONDS - 4458 92,630 92,630
    CORPORATE BONDS - 4459 214,946 214,946
    CORPORATE BONDS - 4460 71,432 71,432
    CORPORATE BONDS - 4461 311,545 311,545
    CORPORATE BONDS - 4462 107,559 107,559
    CORPORATE BONDS - 4463 226,926 226,926
    CORPORATE BONDS - 4464 311,619 311,619
    CORPORATE BONDS - 4466 27,475 27,475
    CORPORATE BONDS - 4467 327,380 327,380
    CORPORATE BONDS - 4468 207,684 207,684
    CORPORATE BONDS - 4470 262,014 262,014
    CORPORATE BONDS - 4472 132,492 132,492
    CORPORATE BONDS - 4473 317,568 317,568
    CORPORATE BONDS - 4475 144,600 144,600
    CORPORATE BONDS - 4477 298,542 298,542
    CORPORATE BONDS - 4478 70,661 70,661
    CORPORATE BONDS - 4479 151,285 151,285
    CORPORATE BONDS - 4480 319,190 319,190
    CORPORATE BONDS - 4481 172,505 172,505
    CORPORATE BONDS - 4482 73,065 73,065
    CORPORATE BONDS - 4483 321,576 321,576
    CORPORATE BONDS - 4485 335,034 335,034
    CORPORATE BONDS - 4486 97,974 97,974
    CORPORATE BONDS - 4487 74,347 74,347
    CORPORATE BONDS - 4488 177,861 177,861
    CORPORATE BONDS - 4489 127,557 127,557
    CORPORATE BONDS - 4491 148,896 148,896
    CORPORATE BONDS - 4492 278,760 278,760
    CORPORATE BONDS - 4493 331,505 331,505
    CORPORATE BONDS - 4494 106,911 106,911
    CORPORATE BONDS - 4495 130,583 130,583
    CORPORATE BONDS - 4496 286,110 286,110
    CORPORATE BONDS - 4497 149,438 149,438
    CORPORATE BONDS - 4498 313,420 313,420
    CORPORATE BONDS - 4499 288,833 288,833
    CORPORATE BONDS - 4501 97,153 97,153
    CORPORATE BONDS - 4502 139,500 139,500
    CORPORATE BONDS - 4503 176,054 176,054
    CORPORATE BONDS - 4505 142,558 142,558
    CORPORATE BONDS - 4506 82,053 82,053
    CORPORATE BONDS - 4507 90,471 90,471
    CORPORATE BONDS - 4508 95,196 95,196
    CORPORATE BONDS - 4510 103,860 103,860
    CORPORATE BONDS - 4512 102,282 102,282
    CORPORATE BONDS - 4513 361,394 361,394
    CORPORATE BONDS - 4514 102,661 102,661
    CORPORATE BONDS - 4517 144,639 144,639
    CORPORATE BONDS - 4518 98,670 98,670
    CORPORATE BONDS - 4519 318,293 318,293
    CORPORATE BONDS - 4520 327,749 327,749
    CORPORATE BONDS - 4521 168,326 168,326
    CORPORATE BONDS - 4522 172,623 172,623
    CORPORATE BONDS - 4523 277,362 277,362
    CORPORATE BONDS - 4524 337,453 337,453
    CORPORATE BONDS - 4525 125,316 125,316
    CORPORATE BONDS - 4526 326,809 326,809
    CORPORATE BONDS - 4527 172,200 172,200
    CORPORATE BONDS - 4528 58,714 58,714
    CORPORATE BONDS - 4529 56,571 56,571
    CORPORATE BONDS - 4530 93,948 93,948
    CORPORATE BONDS - 4531 60,808 60,808
    CORPORATE BONDS - 4532 309,133 309,133
    CORPORATE BONDS - 4533 328,757 328,757
    CORPORATE BONDS - 4534 59,109 59,109
    CORPORATE BONDS - 4535 110,672 110,672
    CORPORATE BONDS - 4536 103,794 103,794
    CORPORATE BONDS - 4537 35,175 35,175
    CORPORATE BONDS - 4538 331,449 331,449
    CORPORATE BONDS - 4539 86,788 86,788
    CORPORATE BONDS - 4540 87,410 87,410
    CORPORATE BONDS - 4541 108,728 108,728
    CORPORATE BONDS - 4542 119,884 119,884
    CORPORATE BONDS - 4543 97,633 97,633
    CORPORATE BONDS - 4544 64,036 64,036
    CORPORATE BONDS - 4545 56,786 56,786
    CORPORATE BONDS - 4546 329,902 329,902
    CORPORATE BONDS - 4547 86,933 86,933
    CORPORATE BONDS - 4548 292,340 292,340
    CORPORATE BONDS - 4549 148,137 148,137
    CORPORATE BONDS - 4550 99,864 99,864
    CORPORATE BONDS - 4551 102,988 102,988
    CORPORATE BONDS - 4552 192,270 192,270
    CORPORATE BONDS - 4553 91,459 91,459
    CORPORATE BONDS - 4554 287,143 287,143
    CORPORATE BONDS - 4555 273,151 273,151

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MUTUAL FUNDS - 1101 6,824,561 6,824,561
    MUTUAL FUNDS - 1103 5,466,720 5,466,720
    MUTUAL FUNDS - 1105 3,016,080 3,016,080
    MUTUAL FUNDS - 1107 1,851,423 1,851,423
    MUTUAL FUNDS - 1108 6,150,045 6,150,045
    MUTUAL FUNDS - 1109 4,514,039 4,514,039
    COMMON STOCK - 2201 124,076 124,076
    COMMON STOCK - 2202 122,968 122,968
    COMMON STOCK - 2203 121,483 121,483
    COMMON STOCK - 2204 49,669 49,669
    COMMON STOCK - 2205 276,018 276,018
    COMMON STOCK - 2206 88,936 88,936
    COMMON STOCK - 2208 116,063 116,063
    COMMON STOCK - 2210 181,494 181,494
    COMMON STOCK - 2211 22,788 22,788
    COMMON STOCK - 2212 78,061 78,061
    COMMON STOCK - 2213 96,786 96,786
    COMMON STOCK - 2214 42,604 42,604
    COMMON STOCK - 2215 113,998 113,998
    COMMON STOCK - 2216 209,775 209,775
    COMMON STOCK - 2218 95,456 95,456
    COMMON STOCK - 2220 112,425 112,425
    COMMON STOCK - 2221 82,012 82,012
    COMMON STOCK - 2222 329,501 329,501
    COMMON STOCK - 2224 46,965 46,965
    COMMON STOCK - 2226 97,836 97,836
    COMMON STOCK - 2227 123,003 123,003
    COMMON STOCK - 2228 54,332 54,332
    COMMON STOCK - 2229 23,668 23,668
    COMMON STOCK - 2230 45,893 45,893
    COMMON STOCK - 2231 93,253 93,253
    COMMON STOCK - 2232 135,666 135,666
    COMMON STOCK - 2233 84,022 84,022
    COMMON STOCK - 2234 156,205 156,205
    COMMON STOCK - 2236 145,709 145,709
    COMMON STOCK - 2238 101,786 101,786
    COMMON STOCK - 2241 69,194 69,194
    COMMON STOCK - 2242 114,101 114,101
    COMMON STOCK - 2243 23,509 23,509
    COMMON STOCK - 2245 156,944 156,944
    COMMON STOCK - 2247 99,572 99,572
    COMMON STOCK - 2248 205,949 205,949
    COMMON STOCK - 2249 153,631 153,631
    COMMON STOCK - 2250 128,647 128,647
    COMMON STOCK - 2251 129,740 129,740
    COMMON STOCK - 2253 258,466 258,466
    COMMON STOCK - 2254 31,090 31,090
    COMMON STOCK - 2256 99,911 99,911
    COMMON STOCK - 2257 53,699 53,699
    COMMON STOCK - 2259 64,571 64,571
    COMMON STOCK - 2262 126,164 126,164
    COMMON STOCK - 2264 214,928 214,928
    COMMON STOCK - 2265 67,761 67,761
    COMMON STOCK - 2267 88,086 88,086
    COMMON STOCK - 2268 41,680 41,680
    COMMON STOCK - 2269 98,577 98,577
    COMMON STOCK - 2270 36,022 36,022
    COMMON STOCK - 2271 85,519 85,519
    COMMON STOCK - 2272 97,513 97,513
    COMMON STOCK - 2273 385,590 385,590
    COMMON STOCK - 2274 139,049 139,049
    COMMON STOCK - 2276 289,522 289,522
    COMMON STOCK - 2277 298,610 298,610
    COMMON STOCK - 2280 78,886 78,886
    COMMON STOCK - 2281 118,127 118,127
    COMMON STOCK - 2282 68,810 68,810
    COMMON STOCK - 2283 28,595 28,595
    COMMON STOCK - 2284 173,691 173,691
    COMMON STOCK - 2285 96,322 96,322
    COMMON STOCK - 2286 46,345 46,345
    COMMON STOCK - 2288 137,880 137,880
    COMMON STOCK - 2290 15,881 15,881
    COMMON STOCK - 2291 198,834 198,834
    COMMON STOCK - 2294 122,852 122,852
    COMMON STOCK - 2295 50,989 50,989
    COMMON STOCK - 2296 32,910 32,910
    COMMON STOCK - 2298 65,106 65,106
    COMMON STOCK - 2299 72,463 72,463
    COMMON STOCK - 2300 169,942 169,942
    COMMON STOCK - 2301 204,278 204,278
    COMMON STOCK - 2302 30,937 30,937
    COMMON STOCK - 2303 213,228 213,228
    COMMON STOCK - 2304 109,683 109,683
    COMMON STOCK - 2305 54,935 54,935
    COMMON STOCK - 2306 30,087 30,087
    COMMON STOCK - 2307 151,918 151,918
    COMMON STOCK - 2308 82,440 82,440
    COMMON STOCK - 2309 36,921 36,921
    COMMON STOCK - 2310 143,544 143,544
    COMMON STOCK - 2311 116,778 116,778
    COMMON STOCK - 2312 174,557 174,557
    COMMON STOCK - 2313 74,701 74,701
    COMMON STOCK - 2314 27,422 27,422
    COMMON STOCK - 2315 59,141 59,141
    COMMON STOCK - 2316 54,170 54,170
    COMMON STOCK - 2317 81,150 81,150
    COMMON STOCK - 2320 351,447 351,447
    COMMON STOCK - 2321 37,875 37,875
    COMMON STOCK - 2322 51,647 51,647
    COMMON STOCK - 2324 88,888 88,888
    COMMON STOCK - 2325 50,602 50,602
    COMMON STOCK - 2327 18,810 18,810
    COMMON STOCK - 2329 166,322 166,322
    COMMON STOCK - 2330 163,565 163,565
    COMMON STOCK - 2331 46,717 46,717
    COMMON STOCK - 2332 38,147 38,147
    COMMON STOCK - 2333 52,642 52,642
    COMMON STOCK - 2334 41,540 41,540
    COMMON STOCK - 2335 57,856 57,856
    COMMON STOCK - 2336 103,579 103,579
    COMMON STOCK - 2338 72,279 72,279
    COMMON STOCK - 2342 79,549 79,549
    COMMON STOCK - 2343 45,375 45,375
    COMMON STOCK - 2344 108,294 108,294
    COMMON STOCK - 2345 278,417 278,417
    COMMON STOCK - 2346 74,398 74,398
    COMMON STOCK - 2347 37,918 37,918
    COMMON STOCK - 2348 100,805 100,805
    COMMON STOCK - 2349 96,891 96,891
    COMMON STOCK - 2350 272,842 272,842
    COMMON STOCK - 2351 89,417 89,417
    COMMON STOCK - 2352 151,713 151,713
    COMMON STOCK - 2353 47,855 47,855
    COMMON STOCK - 2354 18,557 18,557
    COMMON STOCK - 2355 96,623 96,623
    COMMON STOCK - 2356 32,331 32,331
    COMMON STOCK - 2357 86,715 86,715
    COMMON STOCK - 2358 61,857 61,857
    COMMON STOCK - 2359 65,050 65,050
    COMMON STOCK - 2360 396,631 396,631
    COMMON STOCK - 2361 260,350 260,350
    COMMON STOCK - 2362 47,037 47,037
    COMMON STOCK - 2363 51,896 51,896
    COMMON STOCK - 2364 46,473 46,473
    COMMON STOCK - 2365 61,586 61,586
    COMMON STOCK - 2366 154,833 154,833
    COMMON STOCK - 2367 45,171 45,171
    COMMON STOCK - 2368 47,123 47,123
    COMMON STOCK - 2369 265,313 265,313

    TY 2018 InvestmentsGovtObligationsSch
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    US Government Securities - End of Year Book Value:

    10,309,318
    US Government Securities - End of Year Fair Market Value:

    10,309,318
    State & Local Government Securities - End of Year Book Value:


    1,022,632
    State & Local Government Securities - End of Year Fair Market Value:


    1,022,632


    TY 2018 InvestmentsOtherSchedule2
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ALTERNATIVE INVESTMENT FMV 10,281,454 10,281,454
    ASSET BACK SECURITIES - 6601 FMV 383,396 383,396
    ASSET BACK SECURITIES - 6602 FMV 178,716 178,716
    ASSET BACK SECURITIES - 6603 FMV 68,264 68,264
    ASSET BACK SECURITIES - 6604 FMV 298,853 298,853
    ASSET BACK SECURITIES - 6605 FMV 581,806 581,806
    ASSET BACK SECURITIES - 6606 FMV 159,225 159,225
    ASSET BACK SECURITIES - 6608 FMV 155,268 155,268
    ASSET BACK SECURITIES - 6609 FMV 113,871 113,871
    ASSET BACK SECURITIES - 6610 FMV 226,455 226,455
    ASSET BACK SECURITIES - 6611 FMV 116,718 116,718
    ASSET BACK SECURITIES - 6612 FMV 39,904 39,904

    TY 2018 LegalFeesSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL EXPENSE 509,398 0 0 560,624


    TY 2018 OtherDecreasesSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Description Amount
    UNREALIZED LOSS 8,587,877


    TY 2018 OtherExpensesSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 2,140 0 0 2,140
    INSURANCE 22,341 0 0 22,341
    CONSULTATION 564 0 0 564
    RECRUITING/ RELOCATION 646 0 0 646
    SUBSCRIPTIONS 4,014 0 0 4,014
    MEETING EXPENSE 124 0 0 124
    HONORARIUM - ADVISORY BOARD 21,492 0 0 9,000


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING EXPENSE 7,350 0 0 7,350
    BROKERAGE/CUSTODY FEE 333,841 333,841 0 0


    TY 2018 TaxesSchedule
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAXES 22,805 0 0 0
    FOREIGN TAX ON INVESTMENTS 3,601 3,601 0 0


    TY 2018 TransfersToControlledEntities
    Name:
    GILBERT FAMILY FOUNDATION
    EIN:
    81-0810541
    Name US /
    Foreign Address    		 EIN Description Amount
    NF FORWARD 1074 WOODWARD AVENUE
    DETROIT,MI482261906     		82-1672519 CASH GRANTS 937,741
    Total     937,741