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
VAUGHAN FOUNDATION
C/O ERIK H SERR MILLER CANFIELD
Number and street (or P.O. box number if mail is not delivered to street address)101 N MAIN STREET 7TH FLOOR
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANN ARBOR, MI48104
A Employer identification number

38-3355160
B Telephone number (see instructions)

(734) 663-2445
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$24,713,410J 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) 148,966
2 Check bullet.............
3 Interest on savings and temporary cash investments 667 667  
4 Dividends and interest from securities... 606,326 595,929  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,907,366
b Gross sales price for all assets on line 6a 1,976,634
7 Capital gain net income (from Part IV, line 2)... 1,907,366
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........ 2,663,325 2,503,962  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 22,084 22,084    
b Accounting fees (attach schedule)....... Click to see attachment 3,850 3,850    
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 42,585 1,652    
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 55 55    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 68,574 27,641   0
25 Contributions, gifts, grants paid....... 1,400,000 1,400,000
26 Total expenses and disbursements. Add lines 24 and 25 1,468,574 27,641   1,400,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,194,751
b Net investment income (if negative, enter -0-) 2,476,321
c Adjusted net income (if negative, enter -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.............      
2 Savings and temporary cash investments......... 66,423 71,735 71,735
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 7,330,008 Click to see attachment8,519,625 24,637,885
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,970 Click to see attachment3,792 Click to see attachment3,790
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,400,401 8,595,152 24,713,410
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 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........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 7,400,401 8,595,152
30 Total net assets or fund balances (see instructions)..... 7,400,401 8,595,152
31 Total liabilities and net assets/fund balances (see instructions). 7,400,401 8,595,152
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
7,400,401
2
Enter amount from Part I, line 27a .....................
2
1,194,751
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
8,595,152
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 30 .
6
8,595,152
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 UNITED TECHNOLOGIES CORP P 2018-11-28 2018-11-28
b CIGNA CORP NEW P 1993-12-07 2018-12-24
c COCA-COLA COMPANY P 1984-08-07 2018-12-11
d EXPRESS SCRIPTS P 1993-12-07 2018-12-24
e KELLOGG COMPANY P 1977-02-03 2018-12-11
KIMBERLY CLARK CORP P 1986-06-02 2018-12-11
PEPSICO INC P 1991-06-14 2018-12-11
PROCTOR & GAMBLE CO P 1985-08-09 2018-12-11
ROCKWELL COLLINS P 2001-06-15 2018-11-28
(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 97   104 -7
b 153   18 135
c 729,581   35,949 693,632
d 38,025   31 37,994
e 120,866   5,482 115,384
114,527   9,323 105,204
116,626   5,898 110,728
187,051   6,866 180,185
454,820   5,597 449,223
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       -7
b       135
c       693,632
d       37,994
e       115,384
      105,204
      110,728
      180,185
      449,223
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 1,907,366
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 -7
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 1,288,500 22,991,929 0.056041
2016 1,170,000 19,763,292 0.059201
2015 1,108,000 18,169,904 0.060980
2014 1,045,000 17,601,466 0.059370
2013 921,000 15,587,170 0.059087
2
Total of line 1, column (d) .....................
2
0.294679
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
0.058936
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
25,010,607
5
Multiply line 4 by line 3......................
5
1,474,025
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
24,763
7
Add lines 5 and 6........................
7
1,498,788
8
Enter qualifying distributions from Part XII, line 4,.............
8
1,400,000
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 49,526
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 49,526
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 49,526
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 17,000
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 17,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 32,526
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
 
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 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 .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletERIK H SERR Telephone no.bullet (734) 663-2445

    Located atbullet101 N MAIN ST7TH FLOORANN ARBORMI ZIP+4bullet48104
    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
     
     
    ........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
     
     
    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
    CHRISTINE HOLMES PRESIDENT
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    CHRISTINE HOLMES TREASURER
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    ERIK H SERR SECRETARY
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    CHRISTINE HOLMES DIRECTOR
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    JEANNE N DRAPER DIRECTOR
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    ERIK H SERR DIRECTOR
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    JEANNE N DRAPER VICE PRESIDE
    2.00     		0 0 0
    101 N MAIN ST 7TH FLOOR
    ANN ARBOR,MI48104
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    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
    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 (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
    25,272,189
    b
    Average of monthly cash balances.......................
    1b
    119,290
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,391,479
    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
    25,391,479
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    380,872
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    25,010,607
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,250,530
    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
    1,250,530
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    49,526
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    49,526
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,201,004
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,201,004
    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
    1,201,004
    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
    1,400,000
    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
    1,400,000
    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
    1,400,000
    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 1,201,004
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 176,443
    b From 2014...... 188,618
    c From 2015...... 223,821
    d From 2016...... 227,307
    e From 2017...... 174,337
    fTotal of lines 3a through e........ 990,526
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 1,400,000
    a Applied to 2017, but not more than line 2a  
    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 2018 distributable amount..... 1,201,004
    e Remaining amount distributed out of corpus 198,996
    5 Excess distributions carryover applied to 2018.    
    (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 1,189,522
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		176,443
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		1,013,079
    10 Analysis of line 9:
    a Excess from 2014.... 188,618
    b Excess from 2015.... 223,821
    c Excess from 2016.... 227,307
    d Excess from 2017.... 174,337
    e Excess from 2018.... 198,996
    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).)
    CHRISTINE HOLMES
    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
    ANN ARBOR HANDS ON MUSEUM
    ANN ARBOR HANDS ON MUSEUM
    220 E ANN STREET
    202 E ANN STREET
    ANN ARBOR,MI48104     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 20,000
    ANN ARBOR SUMMER FESTIVAL
    ANN ARBOR SUMMER FESTIVAL
    310 DEPOT STREET SUITE 3
    310 DEPOT STREET SUITE
    ANN ARBOR,MI48104     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 15,000
    ANN ARBOR YMCA
    ANN ARBOR YMCA
    400 WEST WASHINGTON ST
    400 WEST WASHINGTON ST
    ANN ARBOR,MI48103     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 20,000
    BIRD CENTER OF WASHTENAW COUNTY'
    BIRD CENTER OF WASHTENAW COUNTY
    P O BOX 3718
    P O BOX 3718
    ANN ARBOR,MI48106     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 25,000
    CASCADES HUMANE SOCIETY
    CASCADES HUMANE SOCIETY
    1515 CARMEN DRIVE
    1515 CARMEN DRIVE
    JACKSON,MI49202     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 30,000
    CHEBOYGAN COUNTY HUMANE SOCIETY
    CHEBOYGAN COUNTY HUMANE SOCIETY
    1536 E HACKLEBURG ROAD
    1536 E HACKLEBURG ROAD
    CHEBOYGAN,MI49721     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 35,000
    DAWN FARMS
    DAWN FARMS
    502 WEST HURON
    502 WEST HURON
    ANN ARBOR,MI48103     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 25,000
    DETROIT ZOOLOGICAL SOCIETY
    DETROIT ZOOLOGICAL SOCIETY
    8450 W 10 MILE RD
    8450 W 10 MILE RD
    ROYAL OAK,MI48067     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 25,000
    DOMESTIC VIOLENCE PROJECT
    DOMESTIC VIOLENCE PROJECT
    720 19TH ST SE
    720 19TH ST SE
    CANTON,MI48188     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 35,000
    ELES PLACE
    ELES PLACE
    1145 W OAKLAND AVE
    1145 W OAKLAND AVENUE
    LANSING,MI48915     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 25,000
    FAIR FOOD NETWORK
    FAIR FOOD NETWORK
    205 E WASHINGTON ST STE B
    205 E WASHINGTON ST STE B
    ANN ARBOR,MI48104     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 15,000
    FOOD GATHERERS
    FOOD GATHERERS
    1 CARROT WAY
    1 CARROT WAY
    ANN ARBOR,MI48105     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 30,000
    GREAT LAKES RABBITS SANCT
    GREAT LAKES RABBITS SANCTUARY
    PO BOX 7
    PO BOX 7
    WHITTAKER,MI48190     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 30,000
    HORSES HAVEN
    HORSE HAVEN
    8257 N LATSON ROAD
    8257 N LATSON ROAD
    HOWELL,MI48855     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 60,000
    HUMANE SOCIETY OF HURON V
    HUMANE SOCIETY OF HURON VALLEY
    3100 CHERRYHILLD ROAD
    3100 CHERRYHILL ROAD
    ANN ARBOR,MI48105     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 60,000
    LEADER DOGS FOR THE BLIND
    LEADER DOGS FOR THE BLIND
    1039 S ROCHESTER ROAD
    1039 S ROCHESTER RD
    ROCHESTER,MI48307     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 20,000
    LEGACY LAND CONSERVANCY
    LEGACY LAND CONSERVANCY
    1100 NORTH MAIN STREET
    1100 NORTH MAIN STREET
    ANN ARBOR,MI48104     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 10,000
    MICHIGAN HUMANE SOCIETY
    MICHIGAN HUMANE SOCIETY
    30300 TELEGRAPH STE 220
    30300 TELEGRAPH STE 220
    BINGHAM FARMS,MI48025     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 35,000
    MICHIGAN THEATRE FOUNDATI
    MICHIGAN THEATRE FOUNDATION INC
    603 E LIBERTY
    603 E LIBERTY
    ANN ARBOR,MI48108     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 40,000
    NEUTRAL ZONE
    NEUTRAL ZONE
    310 E WASHINGTON
    310 E WASHINGTON
    ANN ARBOR,MI48104     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 20,000
    PACKARD HEALTH CENTER
    PACKARD HEALTH CENTER
    3174 PACKARD ROAD
    3174 PACKARD ROAD
    ANN ARBOR,MI48108     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 30,000
    PAWS WITH A CAUSE
    PAWS WITH A CAUSE
    2660 AUBURN ROAD
    2660 AUBURN ROAD
    AUBURN HILLS,MI48326     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 30,000
    PEACE NEIGHBORHOOD CENTER
    PEACE NEIGHBORHOOD
    1111 N MAPLE ROAD
    1111 N MAPLE ROAD
    ANN ARBOR,MI48103     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 40,000
    PURPLE ROSE THEATER
    PURPLE ROSE THEATER
    137 PARK STREET
    137 PARK STREET
    CHELSEA,MI48118     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 15,000
    RECYCLE ANN ARBOR
    RECYCLE ANN ARBOR
    2950 E ELLSWORTH ROAD
    2950 E ELLSWORTH
    ANN ARBOR,MI48108     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 10,000
    RONALD MCDONALD HOUSE
    RONALD MCDONALD HOUSE
    1600 WASHINGTON HEIGHTS
    1600 WASHINGTON HEIGHTS
    ANN ARBOR,MI48104     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 20,000
    SHELTER ASSOCIATION OF WASHTENAW
    SHELTER ASSOCIATION OF WASHTENAW
    P O BOX 7370
    P O BOX 7370
    ANN ARBOR,MI48107     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 95,000
    ST JOSEPH MERCY HEALTH SYSTEM
    ST JOSEPH MERCY HEALTH SYSTEM
    5305 E HURON RIVER DR
    5305 E HURON RIVER DR
    ANN ARBOR,MI48106     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 100,000
    ST LOUIS CENTER FOR EXCE
    ST LOUIS CENTER FOR EXCEPTION
    16195 OLD US 12
    16195 OLD US 12
    CHELSEA,MI48118     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 35,000
    STARRY SKIES EQUINE RESCUE
    STARRY SKIES EQUINE RESCUE
    8133 W LIBERTY
    8133 W LIBERTY
    ANN ARBOR,MI48103     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 15,000
    THE HEAT & WARMTH FUND
    THE HEAT & WARMTH FUND
    607 SHELBY ST STE 400
    607 SHELBY ST STE 400
    DETROIT,MI48226     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 90,000
    THERAPEUTIC RIDING INC
    THERAPEUTIC RIDING INC
    4715 E JOY ROAD
    4715 E JOY ROAD
    ANN ARBOR,MI48105     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 30,000
    TRAIL'S END WILDLIFE REFU
    TRAIL'S END WILDLIFE REFUGE INC
    3974 N CARDINAL CREST
    3794 N CARDINAL CREST
    MARTINSVILLE,IN46151     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 10,000
    UMRC HERITAGE FOUND ANNUAL FUND
    UMRC HERITAGE FOUND ANNUAL FUND
    805 W MIDDLE ST STE 4
    805 W MIDDLE ST STE 4
    CHELSEA,MI48118     		NONE SO I USED CONSISTENT W/501(C)(3) STATUS 125,000
    UNIVERSITY MUSICAL SOCIETY
    UNIVERSITY MUSICAL SOCIETY
    881 N UNIVERSITY AVE
    881 N UNIVERSITY AVE
    ANN ARBOR,MI48109     		NONE PC USED CONISITENT W/501(C)(3) STATUS 35,000
    WASHTENAW COUNTY HISTORICAL SOCIETY
    WASHTENAW COUNTY HISTORICAL SOCIETY
    P O BOX 3336
    P O BOX 3336
    ANN ARBOR,MI48106     		MONE PC USED CONSISTENT W/501(C)(3) STATUS 5,000
    WASHTENAW LITERACY
    WASHTENAW LITERACY
    5577 WHITTAKER ROAD
    5577 WHITTAKER ROAD
    YPSILANT,MI48197     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 60,000
    REGENTS OF UNIVERSITY OF MICHIGAN
    REGENETS OF UNIVERSITY OF MICHIGAN
    2025 TRAVERWOOD SUITE F
    2025 TRAVERWOOD SUITE F
    ANN ARBOR,MI48105     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 10,000
    GIRLS GRP
    GIRLS GRP
    2531 JACKSON AVENUE
    2531 JACKSON AVENUE
    ANN ARBOR,MI48103     		NONE PC USED CONSISTENT W/ 501(C)(3) STATUS 10,000
    COMM ALLIANCE TO NETWORK THORO
    CANTER
    8619 EDGEWOOD PARK DRIVE
    8619 EDGEWOOD PARK DRIVE
    COMMERCE TOWNSHIP,MI48382     		NONE PC USED CONSISTENT W/501(C) (3) STATUS 25,000
    BUILD IT FOR THE BRAVE INC
    FISHER HOUSE MICHIGAN
    3250 PLYMOUTH RD STE 103
    3250 PLYMOUTH RD STE 103
    ANN ARBOR,MI48105     		NONE PC USED CONSISTENT W/501(C)(3) STATUS 35,000
    Total .................................bullet 3a 1,400,000
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		    14 667  
    4 Dividends and interest from securities....     14 606,326  
    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 ............     		    14 1,907,366  
    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)..   2,514,359  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,514,359
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    VAUGHAN FOUNDATION
    C/O ERIK H SERR MILLER CANFIELD
    Employer identification number

    38-3355160
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    VAUGHAN FOUNDATION
    C/O ERIK H SERR MILLER CANFIELD         		Employer identification number
    38-3355160
    Part I
    Contributors (See instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    CHRISTINE HOLMES TRUST
    CHRISTINE HOLMES TRUST
    C/O ERIK SERR MILLER CANFIELD
    101 N MAIN STREET 7TH FLOOR
    ANN ARBOR, MI48104

    		$ 148,966


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    VAUGHAN FOUNDATION
    C/O ERIK H SERR MILLER CANFIELD         		Employer identification number

    38-3355160
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,000 SHARES CHEVRON $ 201,980 2018-12-24
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,000 SHARE AT&T $ 59,500 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 1,000 SHARES KIMBERLY CLARK $ 113,440 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 10,000 SHARES COCA-COLA $ 471,400 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 489 SHARES CHARTER COMM $ 149,600 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 214 SHARES PERSPECTA $ 4,098 2018-12-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    VAUGHAN FOUNDATION
    C/O ERIK H SERR MILLER CANFIELD         		Employer identification number

    38-3355160
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 1,000 SHARES IBM $ 116,650 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 429 SHARES DXC TECH $ 23,672 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 333 SHARES RESIDEO $ 7,596 2018-12-14
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 1,000 SHARES PEPSICO $ 111,840 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 10,000 SHARES GENERAL ELECTRIC $ 72,800 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 1,000 SHARES PROCTER & GAMBLE $ 92,490 2018-12-18
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Name of organization
    VAUGHAN FOUNDATION
    C/O ERIK H SERR MILLER CANFIELD         		Employer identification number

    38-3355160
    Part II
    Noncash Property (See instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 160 SHARES JOHNSON & JOHNSON $ 20,867 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,500 SHARES APPLE $ 395,935 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    1
    		 2,000 SHARES KELLOGG $ 117,700 2018-12-18
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    VAUGHAN FOUNDATION
    C/O ERIK H SERR MILLER CANFIELD         		Employer identification number

    38-3355160
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    VAUGHAN FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-3355160
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 3,850 3,850    

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    VAUGHAN FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-3355160
    Name of Stock End of Year Book Value End of Year Fair Market Value
    3M COMPANY 43,846 762,160
    APPLE INC 8,305 946,440
    AT & T WIRELESS 197,213 770,580
    BAXTER INTL INC 6,396 65,820
    BERKSHIRE HATHAWAY INC CL A 80,782 1,836,000
    BERKSHIRE HATHAWAY INC SERIES B 8,398 190,704
    BLACKROCK ENHANCED CAP AND INC FD 47,794 45,577
    BLACKROCK ENHANCED EQUITY 334,665 334,484
    BLACKROCK HEALTH SCIENCES 1,340,209 1,412,437
    BOEING CO 6,515 86,430
    CHEVRON 46,860 652,740
    COCA COLA 48,663 947,000
    DOW CHEMICAL CO 44,562 213,920
    DUN & BRADSTREET 4,736 71,370
    EATON VANCE TAX MANAGED 137,168 134,507
    EXPRESS SCRIPTS    
    EXXON MOBIL 41,118 818,280
    FORD MOTOR 62,728 153,000
    FRANKLIN FINANCIAL SERVICES 52,150 42,835
    FRANKLIN INCOME FUND 1,245,343 1,174,857
    FRANKLIN MUTUAL GLOBAL DISCOVERY 164,100 147,286
    HERSHEY INC 18,485 342,976
    IBM 27,308 227,340
    INGREDION INC 1,046 91,400
    INTERNATIONAL PAPER 6,539 18,041
    JOHN HANCOCK HEDGED EQUITY 18,113 15,013
    KELLOGG COMPANY 7,906 228,040
    KIMBERLY-CLARK CORP 46,615 569,700
    MCDONALDS CORP 1,885 291,215
    MFS SER TR I TECHNOLOGY 930,221 1,186,137
    MFS SER TR V TOTAL RETURN 81,733 73,871
    MICROSOFT CORP 36,189 203,140
    MOODYS 15,281 280,080
    MORGAN STANLEY & CO 22,783 118,950
    NEW ECONOMY FUND CL SBI CL A 94,456 103,601
    ORACLE CORPORATION 30,195 90,300
    PEPSICO 58,983 1,104,800
    PROCTER & GAMBLE CO 38,619 1,286,880
    ROCKWELL AUTOMATION 3,679 481,536
    ROCKWELL COLLINS, INC.    
    SECTOR SPDR TR 285,497 619,800
    SELECT SECTOR SPDR MATERIALS 37,941 50,520
    SMUCKER J M CO NEW 1,448 22,438
    TEMPLETON GLOBAL BOND FUND 151,040 137,072
    TEMPLETON GLOBAL INVT TR BALANCED 486,656 445,222
    TEMPLETON GLOBAL TOTAL RETURN 71,935 64,103
    TEXTRON CORP 3,536 220,752
    VANGUARD HEALTH 179,738 481,800
    VANGUARD INFORMATION 511,985 1,334,640
    VANGUARD MATERIALS 343,862 498,735
    VANGUARD REIT    
    VANGUARD UTILITIES 73,296 117,830
    VERIZON COMMUNICATIONS 146,581 562,200
    VODAPHONE GROUP PLC 6,013 19,396
    WEYERHAEUSER CO 83,052 240,460
    YUM BRANDS 8,482 919,200
    YUM CHINA HOLDINGS 3,661 335,300
    ZIMMER HOLDINGS 5,954 82,976
    CHARTER COMMUNICATIONS 19,256 139,350
    CIGNA CORP NEW 3,968 35,895
    DXC TECHNOLOGY CO 10,625 22,810
    GENERAL ELECTRIC COMPANY 22,659 75,700
    JOHNSON & JOHNSON 482 20,648
    PERSPECTA INC 1,575 3,685
    RESIDEO TECHNOLOGIES 1,715 6,843
    UNITED TECHNOLOGIES CORP 156,060 127,776
    VANGUARD INDEX FDS 101,229 149,140
    AMERICAN BALANCED FD CL A 52,819 47,820
    FIDELITY ADVISOR HEALTHCARE 156,692 137,979
    FIDELITY ADVISOR SER VII FINL 129,354 112,742
    FIDELITY ADVISOR SER CONSUMER 100,927 85,606

    TY 2018 LegalFeesSchedule
    Name:
    VAUGHAN FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-3355160
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 22,084 22,084    


    TY 2018 OtherAssetsSchedule
    Name:
    VAUGHAN FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-3355160
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    MARGIN ACCOUNT 3,970 3,792 3,790


    TY 2018 OtherExpensesSchedule
    Name:
    VAUGHAN FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-3355160
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OTHER FEES 55 55    


    TY 2018 TaxesSchedule
    Name:
    VAUGHAN FOUNDATION
     
    C/O ERIK H SERR MILLER CANFIELD
    EIN:
    38-3355160
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL INCOME TAXES 40,933      
    FOREIGN TAXES 1,652 1,652