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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 07-01-2017 , and ending 06-30-2018
Name of foundation
GORDY FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)2656 W GRAND BLVD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI48208
A Employer identification number

38-6149511
B Telephone number (see instructions)

(313) 875-0656
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$3,894,276J 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.............
3 Interest on savings and temporary cash investments 26 26  
4 Dividends and interest from securities... 68,535 64,312  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 359,139
b Gross sales price for all assets on line 6a 1,482,804
7 Capital gain net income (from Part IV, line 2)...  
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........ 427,700 64,338  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,000     70,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 5,502     5,502
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 11,796     11,796
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 614 594   20
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 25,483 17,807   7,676
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 113,395 18,401   94,994
25 Contributions, gifts, grants paid....... 28,000 28,000
26 Total expenses and disbursements. Add lines 24 and 25 141,395 18,401   122,994
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 286,305
b Net investment income (if negative, enter -0-) 45,937
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 7,276 24,908 24,908
2 Savings and temporary cash investments......... 306,194 199,965 199,965
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) 15,000 Click to see attachment204,288 204,715
b Investments—corporate stock (attach schedule)....... 1,691,021 Click to see attachment1,743,248 2,516,048
c Investments—corporate bonds (attach schedule)....... 839,892 Click to see attachment973,349 948,640
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) Click to see attachment69    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 2,859,452 3,145,758 3,894,276
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
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 2,859,452 3,145,758
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 2,859,452 3,145,758
30 Total liabilities and net assets/fund balances (see instructions). 2,859,452 3,145,758
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
2,859,452
2
Enter amount from Part I, line 27a .....................
2
286,305
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1
4
Add lines 1, 2, and 3 ..........................
4
3,145,758
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,145,758
Form 990-PF (2019)
Form 990-PF (2019)
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.)
1a
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
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
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  
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))
2018 131,450 3,444,080 0.038167
2017 109,921 3,470,677 0.031671
2016 113,671 3,443,563 0.033010
2015 127,071 3,200,324 0.039706
2014 119,768 2,810,143 0.042620
2
Total of line 1, column (d) .....................
2
0.185174
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
0.037035
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
3,756,928
5
Multiply line 4 by line 3......................
5
139,138
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
459
7
Add lines 5 and 6........................
7
139,597
8
Enter qualifying distributions from Part XII, line 4,.............
8
122,994
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 (2019)
Form 990-PF (2019)
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 1 919
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  
3 Add lines 1 and 2........................... 3 919
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 919
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 1,022
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,022
8 Enter any penalty for underpayment of estimated tax. Check here 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  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 103
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet103 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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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
     
     
    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 ofbulletROBIN TERRY Telephone no.bullet (313) 875-0656

    Located atbullet2656 WGRAND BLVDDETROITMI ZIP+4bullet482081237
    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 2019, 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
     
     
    ........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 2019?.............
    1c
     
     
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    BERRY GORDY DIRECTOR
    000.00     		0 0 0
    933 CECINA WAY
    LOS ANGELES,CA90077
    ROBIN TERRY TREASURER
    000.00     		0 0 0
    1365 GALENA
    ROCHESTER HILLS,MI48306
    ELESHA BRIDGERS SECRETARY
    000.00     		0 0 0
    4705 ASHBY COURT
    ELLICOTT CITY,MD21042
    GWEN MOORE BOARD MEMBER
    000.00     		0 0 0
    8990 PALAZZI
    LAS VEGAS,NV89113
    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  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 N/A  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    3,520,613
    b
    Average of monthly cash balances.......................
    1b
    293,527
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    3,814,140
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
    3,814,140
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    57,212
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    3,756,928
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    187,846
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    187,846
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    919
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    919
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    186,927
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    186,927
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    186,927
    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
    122,994
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    122,994
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    122,994
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 186,927
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 105,940
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016......  
    d From 2017......  
    e From 2018......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 122,994
    a Applied to 2018, but not more than line 2a 105,940
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2019 distributable amount..... 17,054
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2019.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		169,873
    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) .......     		 
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016....  
    c Excess from 2017....  
    d Excess from 2018....  
    e Excess from 2019....  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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 e-mail address of the person to whom applications should be addressed:
    ROBIN TERRY
    2656 W GRAND BLVD
    DETROIT,MI482081237
    (313) 875-0656
    bThe form in which applications should be submitted and information and materials they should include:
    APPLICANTS SHOULD SUBMIT SUBSTANTIATION OF 501(C)(3) STATUS ALONG WITH LETTER REQUESTING CONTRIBUTION.
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CONTRIBUTIONS MADE ONLY TO OTHER 501(C)(3) ORGANIZATIONS.
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    HEROS AND LEGENDS
    C/O 2648 W GRAND BLVD
    DETROIT,MI48208     		    CULTURAL 3,000
    MOTOWN HISTORICAL MUSEUM
    2648 W GRAND BLVD
    DETROIT,MI48208     		    CULTURAL 15,000
    PONTIAC KAPPA COMMUNITY COALITION
    143 ONEIDA ROAD
    PONTIAC,MI48341     		    RELIGIOUS 2,500
    MY FRIEND'S HOUSE FONDATION
    1244 E SEVENTH STREET
    LOS ANGELES,CA90021     		    CULTURAL 2,500
    FIGURE SKATING IN DETROIT
    615 GRISWOLD SUITE 1020
    DETROIT,MI48226     		    CULTURAL 5,000
    Total .................................bullet 3a 28,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 26  
    4 Dividends and interest from securities....     14 68,535  
    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 ............     		        359,139
    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)..   68,561 359,139
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    427,700
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    JOSEPH A. CHLEBNIK, CPA, CFP 11,796     11,796

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2017 GainLossSaleOtherAssetsSch
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    ABBVIE INC - 75 2016-12 PURCHASE 2017-10   6,834 4,553     2,281  
    ABBVIE INC - 150 2016-12 PURCHASE 2017-09   12,277 9,105     3,172  
    ABBVIE INC - 50 2016-12 PURCHASE 2018-01   5,221 3,035     2,186  
    ABBVIE INC - 75 2016-12 PURCHASE 2018-01   9,201 4,553     4,648  
    ABBVIE INC - 175 2017-04 PURCHASE 2017-08   12,596 10,623     1,973  
    ABBVIE INC - 25 2017-04 PURCHASE 2017-09   2,046 1,518     528  
    ADOBE SYSYTEMS - 100 2017-09 PURCHASE 2018-01   19,625 14,674     4,951  
    ADOBE SYSTEMS - 100 2017-09 PURCHASE 2018-05   23,891 14,674     9,217  
    AFLAC INC - 800 2017-08 PURCHASE 2018-01   67,157 64,109     3,048  
    AMERICAN TOWER REIT - 75 2012-03 PURCHASE 2017-07   9,850 4,722     5,128  
    AMERICAN TOWER REIT - 70 2016-09 PURCHASE 2017-11   10,544 7,812     2,732  
    ALPHABET INC C - 10 2014-04 PURCHASE 2017-07   9,450 1,673     7,777  
    ALPHABET INC C - 5 2014-04 PURCHASE 2018-01   5,646 837     4,809  
    ALPHABET INC C - 3 2014-04 PURCHASE 2018-06   3,539 502     3,037  
    APPLE COMPUTER - 60 2014-06 PURCHASE 2017-08   9,545 586     8,959  
    APPLE COMPUTER - 60 2016-01 PURCHASE 2017-08   9,545 5,713     3,832  
    AT&T CORPORATION - 1700 2017-03 PURCHASE 2017-08   63,489 72,131     -8,642  
    AUTOMATIC DATA PROCESSING - 150 2014-12 PURCHASE 2017-08   17,170 12,902     4,268  
    AUTOMATIC DATA PROCESSING - 500 2015-03 PURCHASE 2017-08   57,234 43,150     14,084  
    BOEING CO - 75 2017-08 PURCHASE 2018-01   25,245 18,016     7,229  
    CELGENE CORP - 175 2016-01 PURCHASE 2017-08   23,737 17,641     6,096  
    CELGENE CORP - 25 2016-06 PURCHASE 2017-08   3,391 2,522     869  
    CERNER CORP - 225 2016-03 PURCHASE 2017-09   15,808 11,225     4,583  
    CHARLES SCHWAB CORP - 350 2017-01 PURCHASE 2017-08   14,693 14,767     -74  
    CHARLES SCHWAB CORP - 250 2017-01 PURCHASE 2017-11   12,070 10,548     1,522  
    CHARLES SCHWAB CORP - 150 2017-01 PURCHASE 2018-01   8,421 6,329     2,092  
    CINTAS CORP - 100 2017-02 PURCHASE 2017-09   13,484 11,487     1,997  
    CINTAS CORP - 30 2017-02 PURCHASE 2018-01   4,829 3,446     1,383  
    CINTAS CORP - 70 2017-02 PURCHASE 2018-05   12,796 8,041     4,755  
    COSTCO WHOLESALE - 85 2016-05 PURCHASE 2018-01   16,471 12,563     3,908  
    DIGITAL REALTY - 150 2017-05 PURCHASE 2017-09   18,933 17,271     1,662  
    DIGITAL REALTY - 550 2017-05 PURCHASE 2017-11   68,024 63,326     4,698  
    EDWARDS LIFESCIENCES - 50 2017-08 PURCHASE 2018-04   7,055 5,772     1,283  
    EDWARDS LIFESCIENCES - 50 2017-08 PURCHASE 2018-06   7,421 5,772     1,649  
    FACEBOOK, INC - 100 2016-02 PURCHASE 2017-07   15,904 11,059     4,845  
    FACEBOOK, INC - 50 2016-04 PURCHASE 2017-10   8,707 5,486     3,221  
    FACEBOOK, INC - 25 2016-04 PURCHASE 2018-06   5,023 2,743     2,280  
    GENTEX CORP - 4100 2016-03 PURCHASE 2017-07   75,660 63,249     12,411  
    HEALTHCARE SERVICES GROUP - 125 2012-11 PURCHASE 2017-07   5,811 2,943     2,868  
    HEALTHCARE SERVICES GROUP - 200 2012-11 PURCHASE 2017-08   10,205 4,708     5,497  
    HEALTHCARE SERVICES GROUP - 125 2012-11 PURCHASE 2017-10   6,789 2,943     3,846  
    HOME DEPOT - 25 2013-07 PURCHASE 2017-09   3,940 1,927     2,013  
    HOME DEPOT - 70 2013-07 PURCHASE 2018-01   13,949 5,396     8,553  
    HOME DEPOT - 25 2016-01 PURCHASE 2017-09   3,940 2,986     954  
    INTERCONTINENTAL EXC - 175 2017-02 PURCHASE 2017-11   12,471 10,066     2,405  
    INTUIT INC - 50 2010-06 PURCHASE 2017-08   6,990 5,493     1,497  
    INTUIT INC - 35 2010-03 PURCHASE 2017-08   4,757 1,214     3,543  
    INTUIT INC - 100 2016-07 PURCHASE 2017-08   13,592 10,986     2,606  
    INTUIT INC - 125 2016-07 PURCHASE 2018-05   25,142 4,336     20,806  
    LOGITECH INTL SA - 125 2018-03 PURCHASE 2018-06   5,618 4,783     835  
    LOGITECH INTL SA - 300 2017-07 PURCHASE 2018-05   12,203 13,675     -1,472  
    MASTERCARD INC - 19 2009-06 PURCHASE 2017-07   2,390 40     2,350  
    MASTERCARD INC - 31 2010-12 PURCHASE 2017-07   3,900 507     3,393  
    MASTERCARD INC - 15 2010-12 PURCHASE 2018-05   2,861 245     2,616  
    MASTRCARD INC - 75 2014-01 PURCHASE 2017-09   10,587 1,260     9,327  
    MASTERCARD INC - 35 2014-01 PURCHASE 2018-01   5,743 588     5,155  
    MASTERCARD INC - 30 2014-01 PURCHASE 2018-06   6,062 504     5,558  
    MASTERCARD INC - 50 2016-07 PURCHASE 2017-07   6,104 4,377     1,727  
    MASTERCARD INC - 60 2014-01 PURCHASE 2018-05   11,445 1,008     10,437  
    MICROSOFT CORP - 1175 2012-03 PURCHASE 2017-08   85,832 37,390     48,442  
    MONSTER BEVERAGE - 300 2017-05 PURCHASE 2017-07   15,212 14,298     914  
    MONSTER BEVERAGE - 50 2017-05 PURCHASE 2017-08   2,681 2,383     298  
    MONSTER BEVERAGE - 200 2017-05 PURCHASE 2018-01   13,436 9,532     3,904  
    MONSTER BEVERAGE - 150 2018-03 PURCHASE 2018-06   8,389 8,111     278  
    NEOGEN CORP - 125 2001-06 PURCHASE 2018-05   9,336 3,605     5,731  
    NEOGEN CORP - 100 2016-05 PURCHASE 2017-11   8,040 4,811     3,229  
    NEOGEN CORP - 275 2016-05 PURCHASE 2017-09   19,262 13,229     6,033  
    NEOGEN CORP - 25 2016-05 PURCHASE 2018-05   1,867 902     965  
    NEOGEN CORP - 75 2017-12 PURCHASE 2018-04   5,065 1,163     3,902  
    NVIDIA CORP - 100 2017-03 PURCHASE 2017-07   15,214 10,040     5,174  
    NVIDIA CORP - 25 2017-03 PURCHASE 2017-10   4,730 2,510     2,220  
    NVIDIA CORP - 30 2017-06 PURCHASE 2017-10   6,129 3,012     3,117  
    NVIDIA CORP - 75 2017-06 PURCHASE 2017-09   13,512 7,530     5,982  
    NVIDIA CORP - 45 2017-06 PURCHASE 2018-05   11,578 4,518     7,060  
    PAYCHEX INC - 150 2017-08 PURCHASE 2018-05   9,828 8,472     1,356  
    T ROWE PRICE GROUP - 200 2012-01 PURCHASE 2018-01   23,236 12,442     10,794  
    T ROWE PRICE GROUP - 50 2014-09 PURCHASE 2018-05   6,142 3,958     2,184  
    T ROWE PRICE GROUP - 175 2016-02 PURCHASE 2017-08   14,529 11,347     3,182  
    T ROWE PRICE GROUP - 25 2016-02 PURCHASE 2018-01   2,904 1,621     1,283  
    T ROWE PRICE GROUP - 125 2016-03 PURCHASE 2017-08   10,378 9,143     1,235  
    T ROWE PRICE GROUP - 50 2018-02 PURCHASE 2018-05   6,142 5,658     484  
    THERMO FISHER SCIENTIFIC - 75 2014-05 PURCHASE 2017-09   14,466 8,706     5,760  
    ULTA BEAUTY INC - 25 2017-12 PURCHASE 2017-05   6,204 5,550     654  
    WHIRLPOOL CORP - 400 2017-09 PURCHASE 2018-02   67,104 67,888     -784  
    WHIRLPOOL CORP - 50 2017-10 PURCHASE 2018-02   8,388 8,177     211  
    WELLS FARGO BANK BOND 2008-08 PURCHASE 2018-02   20,000 17,123     2,877  
    GENERAL ELECTRIC CAPITAL BOND 2010-01 PURCHASE 2018-03   15,764 14,984     780  
    ORACLE CORPORATION BOND 2010-01 PURCHASE 2018-04   15,000 16,353     -1,353  
    POTASH CORP BOND 2011-05 PURCHASE 2017-12   25,000 25,160     -160  
    AMERICAN TOWER CORP BOND 2012-01 PURCHASE 2017-07   30,405 31,109     -704  
    NUCOR CORP BOND 2016-01 PURCHASE 2018-06   25,000 27,024     -2,024  
    SYSCO CORPORATION BOND 2017-05 PURCHASE 2018-02   25,000 25,724     -724  
    CITIGROUP INC BOND 2017-06 PURCHASE 2018-05   50,000 52,072     -2,072  

    TY 2017 InvestmentsCorpBondsSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Name of Bond End of Year Book Value End of Year Fair Market Value
    20,000 WELLS FARGO BANK    
    20,000 BANK OF AMERICA 20,281 20,828
    20,000 INTER AMERN DEV BK GLOBAL 20,152 20,299
    15,000 GENERAL ELECTRIC CAP    
    25,000 CHARLES SCHWAB 24,963 24,120
    15,000 ORACLE CORPORATION    
    25,000 COMMONWEALTH EDISON 24,504 25,442
    25,000 TRIBOROUGH BRIDGE & TUNNEL 27,512 26,334
    25,000 POTASH CORP SASK    
    30,000 MICHIGAN ST TAXABLE-REF SCH 34,663 31,084
    25,000 ANHEUSER BUSCH 24,125 24,074
    34,000 PERKINELMER INC SR NT 34,888 35,402
    30,000 AMERICAN TOWER CORP    
    25,000 APPLE INC 24,846 24,042
    25,000 STEELCASE INC 27,946 26,566
    25,000 STEELCASE INC 25,473 26,566
    25,000 HARRIS BANK NATL ASSN 25,000 23,331
    25,000 CATERPILLAR INC 25,775 24,904
    25,000 PORTLAND ORE URBAN RENEWAL 26,759 25,750
    25,000 PEPSICO INC. 28,042 25,662
    25,000 GOOGLE, INC. 27,244 25,549
    25,000 AFLAC INC. 27,378 25,529
    25,000 BURLINGTON NORTHERN SANTA FE 25,000 24,717
    25,000 WELLS FARGO COMPANY 25,615 24,440
    25,000 COMCAST CORP 25,264 24,019
    25,000 NATIONAL RURAL 27,111 25,025
    25,000 NUCOR CORP    
    25,000 GILEAD SCIENCES 26,595 24,676
    25,000 SYSCO CORPORATION    
    25,000 VENTAS REALTY LTD 25,300 24,724
    25,000 WELLTOWER INC 25,905 25,180
    50,000 CITIGROUP INC    
    25,000 DUKE REALTY 26,857 25,695
    25,000 NORDSTROM, INC 25,875 25,217
    25,000 CAPITAL ONE 24,749 24,609
    25,000 KROGER COMPANY 24,906 24,863
    35,000 AMGEN, INC 34,787 34,738
    35,000 EBAY, INC 35,090 35,011
    35,000 HARTFORD FINANCIAL 35,860 35,593
    35,000 MONSANTO CO 34,738 34,650
    50,000 CITIGROUP, INC 50,038 49,989
    25,000 CVS HEALTH CORP 25,005 24,966
    25,000 GENERAL MOTORS CO 25,103 25,046

    TY 2017 InvestmentsCorpStockSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBVIE INC - 650 39,456 60,222
    ACUITY BRANDS - 450 87,935 52,142
    ADOBE SYSTEMS - 300 44,023 73,143
    ALPHABET INC - 64 17,262 72,228
    AMERICAN TOWER REIT - 575 44,673 82,898
    APOGEE ENTERPRISES - 1500 80,679 72,255
    APPLE COMPUTER - 460 4,493 85,151
    AT&T CORPORATION - 1700    
    BOEING - 225 54,047 75,490
    AUTOMATIC DATA PROCESSING - 650    
    CELGENE CORP - 1000 65,599 79,420
    CERNER CORP - 1000 29,938 59,790
    CHARLES SCHWAB CORP - 1350 55,898 68,985
    CINTAS CORP - 400 45,949 74,028
    CONSTELLATION BRANDS INC - 350 68,883 76,604
    COSTCO WHOLESALE CORP - 400 38,958 83,592
    DIGITAL REALTY TRUST - 700    
    EDWARDS LIFESCIENCES - 500 57,716 72,785
    FACEBOOK INC - 375 41,145 72,870
    GENTEX CORP - 3300 76,588 75,966
    HEALTHCARE SVCS GROUP INC - 1850 58,987 79,901
    HOME DEPOT INC - 430 38,795 83,893
    INTERCONTINENTAL EXC - 1025 58,959 75,389
    INTUIT INC - 365 8,902 74,571
    LKQ CORP - 2425 86,635 77,357
    LOGITECH INTL SA - 1700 63,818 74,974
    MASTERCARD INC - 360 6,050 70,747
    MICROSOFT CORP - 1350    
    MONSTER BEVERAGE CORP - 1700 65,624 77,355
    NEOGEN CORP - 975 12,937 78,185
    NVIDIA CORP - 300 30,120 71,070
    PAYCHEX INC - 1150 65,290 78,602
    STARBUCKS - 1375 79,273 67,169
    THERMO FISHER SCIENTIFIC - 365 42,369 75,606
    T ROWE PRICE GROUP - 600 38,283 69,654
    ULTA BEAUTY INC - 300 71,157 70,038
    UNITED RENTALS INC - 475 82,322 70,120
    WALT DISNEY CO - 800 80,485 83,848

    TY 2017 InvestmentsGovtObligationsSch
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    US Government Securities - End of Year Book Value:

    204,288
    US Government Securities - End of Year Fair Market Value:

    204,715
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2017 OtherAssetsSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    INTEREST PURCHASED 701    
    EXCHANGE -632    


    TY 2017 OtherExpensesSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    INVESTMENT FEES 17,807 17,807    
    TELEPHONE 15     15
    UTILITIES 4,378     4,378
    PAYROLL SERVICE 2,310     2,310
    OFFICE SUPPLIES -910     -910
    DUES AND SUBSCRIPTIONS 1,350     1,350
    MAINTENANCE AND REPAIRS 492     492
    POSTAGE 41     41


    TY 2017 OtherIncreasesSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Description Amount
    ROUNDING 1


    TY 2017 TaxesSchedule
    Name:
    GORDY FOUNDATION INC
    EIN:
    38-6149511
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 150 150    
    STATE ANNUAL REPORT 20     20
    FOREIGN INCOME TAX 444 444