Form990-PF
Click to see attachment

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
BENSON & EDITH FORD FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)1901 ST ANTOINE STREET 6TH FLOOR
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI48226
A Employer identification number

38-6066333
B Telephone number (see instructions)

(313) 259-7777
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$20,599,262
J 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      
4 Dividends and interest from securities... 282,671 282,671  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,473,569
b Gross sales price for all assets on line 6a 17,452,354
7 Capital gain net income (from Part IV, line 2)... 1,473,569
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)....... 120,260 120,260  
12 Total. Add lines 1 through 11........ 1,876,500 1,876,500  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... 1,939 0   1,939
b Accounting fees (attach schedule)....... 37,500 18,750   18,750
c Other professional fees (attach schedule).... 48,499 48,499   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 18,545 457   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 20 0   20
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 106,503 67,706   20,709
25 Contributions, gifts, grants paid....... 2,687,323 2,687,323
26 Total expenses and disbursements. Add lines 24 and 25 2,793,826 67,706   2,708,032
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -917,326
b Net investment income (if negative, enter -0-) 1,808,794
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......... 351,758 2,824,608 2,824,608
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)....... 6,317,582 Click to see attachment4,250,234 7,232,525
c Investments—corporate bonds (attach schedule)....... 5,160,491 Click to see attachment4,540,822 4,539,565
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 5,567,702 Click to see attachment4,869,241 6,000,174
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment3,675 Click to see attachment2,390 Click to see attachment2,390
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,401,208 16,487,295 20,599,262
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) Click to see attachment0 Click to see attachment3,413
23 Total liabilities (add lines 17 through 22)......... 0 3,413
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........ 44,924,287 46,397,856
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds -27,523,079 -29,913,974
30 Total net assets or fund balances (see instructions)..... 17,401,208 16,483,882
31 Total liabilities and net assets/fund balances (see instructions). 17,401,208 16,487,295
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
17,401,208
2
Enter amount from Part I, line 27a .....................
2
-917,326
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,483,882
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
16,483,882
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 COMERICA BANK RHB 3681 - PUBLICLY TRADED SECURITIES      
b COMERICA BANK RHB2 6221 - PUBLICLY TRADED SECURITIES      
c FROM K-1 - PACIFIC FUND I, LP P    
d CAPITAL GAINS DIVIDENDS P    
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 15,051,278   13,746,177 1,305,101
b 2,397,057   2,413,887 -16,830
c       181,279
d 4,019     4,019
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       1,305,101
b       -16,830
c       181,279
d       4,019
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 1,473,569
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 3,164,242 24,488,235 0.129215
2016 3,012,058 24,761,624 0.121642
2015 2,550,030 27,577,651 0.092467
2014 2,294,081 29,285,711 0.078334
2013 2,018,161 28,823,041 0.070019
2
Total of line 1, column (d) .....................
2
0.491677
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
0.098335
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
23,394,253
5
Multiply line 4 by line 3......................
5
2,300,474
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
18,088
7
Add lines 5 and 6........................
7
2,318,562
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,708,032
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 18,088
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 18,088
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 18,088
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 14,675
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 8,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,675
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 4,587
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet4,587 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    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 ofbulletTHOMAS J MOTSCHALL Telephone no.bullet (313) 961-0500

    Located atbullet2000 BRUSH STREET STE 440DETROITMI ZIP+4bullet482262251
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation
    (If not paid, enter
    -0-)
    (d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    LYNN F ALANDT PRESIDENT/DIRECTOR
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    BENSON FORD JR VICE-PRESIDENT/DIRECTOR
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    THOMAS J MOTSCHALL TREASURER
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    DAVID P LARSEN SECRETARY
    0.25
    0 0 0
    2000 BRUSH STREET SUITE 440
    DETROIT,MI48226
    DAVID M HEMPSTEAD DIRECTOR
    0.25
    0 0 0
    1901 ST ANTOINE ST 6TH FLOOR
    DETROIT,MI48226
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    22,636,007
    b
    Average of monthly cash balances.......................
    1b
    1,114,504
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    23,750,511
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    23,750,511
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    356,258
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    23,394,253
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,169,713
    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
    1,169,713
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    18,088
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    18,088
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,151,625
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,151,625
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,151,625
    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
    2,708,032
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,708,032
    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
    18,088
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,689,944
    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 1,151,625
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 614,435
    b From 2014...... 847,221
    c From 2015...... 1,194,525
    d From 2016...... 1,792,375
    e From 2017...... 1,956,702
    fTotal of lines 3a through e........ 6,405,258
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,708,032
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2018 distributable amount..... 1,151,625
    e Remaining amount distributed out of corpus 1,556,407
    5 Excess distributions carryover applied to 2018. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 7,961,665
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........
    0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...
    614,435
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......
    7,347,230
    10 Analysis of line 9:
    a Excess from 2014.... 847,221
    b Excess from 2015.... 1,194,525
    c Excess from 2016.... 1,792,375
    d Excess from 2017.... 1,956,702
    e Excess from 2018.... 1,556,407
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    DAVID P LARSEN
    1901 ST ANTOINE STREET 6TH FLOOR
    DETROIT,MI48226
    (313) 259-7777
    bThe form in which applications should be submitted and information and materials they should include:
    BRIEF LETTER, FINANCIAL STATEMENT, COPY OF IRS LETTER DETERMINING TAX STATUS (UNLESS ALREADY LISTED IN CUMULATIVE LIST).
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    AWARDS ARE GENERALLY LIMITED TO CHARITABLE ORGANIZATIONS ALREADY FAVORABLY KNOWN TO, AND OF INTEREST TO, THE SUBSTANTIAL CONTRIBUTORS OF THIS FOUNDATION. NO GRANTS TO INDIVIDUALS.
    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
    ALZHEIMER'S ASSOCIATION
    25200 TELEGRAPH SUITE 100
    SOUTHFIELD,MI48033
    NO INDIVIDUALS PUBLIC CHARITY CARE AND SUPPORT SERVICES AT HENRY FORD 25,000
    BOY SCOUTS OF AMERICA
    1776 WEST WARREN AVENUE
    DETROIT,MI48208
    NO INDIVIDUALS PUBLIC CHARITY GREAT LAKES FIELD SERVICE COUNCIL 5,000
    CHILDREN'S CENTER OF WAYNE COUNTY INC
    79 ALEXANDRINE WEST
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,500
    CHRIST CHURCH GROSSE POINTE
    61 GROSSE POINTE BLVD
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 3,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY ARGONAUT PROJECT 500,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY ANNUAL FUND 50,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY BENSON AND EDITH FORD SCHOLARSHIP FUND 8,657
    DETROIT ARTISTS MARKET
    4719 WOODWARD AVENUE
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 3,000
    DETROIT EDUCATIONAL TELEVISION FOUNDATION
    1 CLOVER COURT
    WIXOM,MI48393
    NO INDIVIDUALS PUBLIC CHARITY THE WILLIAM H. SMITH FAMILY LEADERSHIP CIRCLE 10,000
    DETROIT HISTORICAL SOCIETY
    5401 WOODWARD AVENUE
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,000
    DETROIT INSTITUTE OF ARTS
    5200 WOODWARD AVENUE
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY PROMISE FOR THE FUTURE - OPERATING ENDOWMENT FUND 100,000
    DETROIT SYMPHONY ORCHESTRA HALL
    3711 WOODWARD AVENUE
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 5,000
    GIRL SCOUTS OF SOUTHEASTERN MICHIGAN
    1333 BREWERY PARK BLVD SUITE 500
    DETROIT,MI48207
    NO INDIVIDUALS PUBLIC CHARITY LEADERSHIP AND YOUTH DEVELOPMENT PROGRAMS 5,000
    GLEANERS COMMUNITY FOOD BANK OF SOUTHEASTERN MICHIGAN
    2131 BEAUFAIT
    DETROIT,MI48207
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 15,000
    GROSSE POINTE HISTORICAL SOCIETY
    376 KERCHEVAL AVENUE
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY CAPITAL CAMPAIGN 25,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY EDITH AND BENSON HEART AND VASCULAR INSTITUTE - DETROIT CAPITAL ACCOUNT 500,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY EDITH AND BENSON HEART AND VASCULAR INSTITUTE - HEART FUND 250,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY MAPLEGROVE II PROJECT - WEST BLOOMFIELD 100,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY MULTIPLE SCLEROSIS RESEARCH FUND 20,000
    INTERLOCHEN CENTER FOR THE ARTS
    PO BOX 199
    INTERLOCHEN,MI496430199
    NO INDIVIDUALS PUBLIC CHARITY BENSON AND EDITH FORD SCHOLARSHIP FUND 8,000
    JARC
    30301 NORTHWESTERN HWY SUITE 100
    FARMINGTON HILLS,MI48334
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 15,000
    MARINERS INN
    445 LEDYARD STREET
    DETROIT,MI48201
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,500
    MCLAREN NORTHERN MICHIGAN FOUNDATION
    360 CONNABLE AVE
    PETOSKEY,MI49770
    NO INDIVIDUALS PUBLIC CHARITY CAPITAL CAMPAIGN FOR BUILDING THE FUTURE OF HEALTH CARE 10,000
    MICHIGAN HUMANE SOCIETY
    30300 TELEGRAPH ROAD SUITE 220
    BINGHAM FARMS,MI480254509
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 15,000
    OLD NEWSBOYS' GOODFELLOW FUND OF DETROIT
    PO BOX 44444
    DETROIT,MI482440444
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 2,000
    PEWABIC SOCIETY INC
    10125 EAST JEFFERSON AVE
    DETROIT,MI48214
    NO INDIVIDUALS PUBLIC CHARITY ANNUAL FUND 4,000
    RACING FOR KIDS
    89 KERCHEVAL SUITE 210
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 10,000
    TACOMA COMMUNITY BOAT BUILDERS
    1120 EAST D STREET
    TACOMA,WA98421
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 20,000
    TEEN STREET SKILLS
    181 RIDGE ROAD
    GROSSE POINTE FARMS,MI48236
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 250,000
    THE GREENING OF DETROIT
    13000 WEST MCNICHOLS
    DETROIT,MI48235
    NO INDIVIDUALS PUBLIC CHARITY PROGRAM SERVICES 3,000
    THE HENRY FORD
    20900 OAKWOOD BLVD
    DEARBORN,MI48124
    NO INDIVIDUALS PUBLIC CHARITY THE INNOVATION PROJECT CAMPAIGN 666,666
    THE HENRY FORD ESTATE
    1100 LAKE SHORE ROAD
    GROSSE POINTE SHORES,MI48236
    NO INDIVIDUALS PUBLIC CHARITY CAMPAIGN FOR FAIR LANE 50,000
    UNITED NEGRO COLLEGE FUND INC
    3031 WEST GRAND BOULEVARD SUITE 531
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY ANNUAL CAMPAIGN 2,000
    Total .................................bullet 3a 2,687,323
    bApproved for future payment
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY
    DETROIT,MI482024034
    NO INDIVIDUALS PUBLIC CHARITY ARGONAUT PROJECT 500,000
    DETROIT INSTITUTE OF ARTS
    5200 WOODWARD AVENUE
    DETROIT,MI48202
    NO INDIVIDUALS PUBLIC CHARITY OPERATING ENDOWMENT FUND 600,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY EDITH AND BENSON HEART AND VASCULAR INSTITUTE - DETROIT CAPITAL ACCOUNT 500,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY MAPLEGROVE II PROJECT - WEST BLOOMFIELD 300,000
    HENRY FORD HEALTH SYSTEM
    1 FORD PLACE 5A
    DETROIT,MI482023450
    NO INDIVIDUALS PUBLIC CHARITY EDITH AND BENSON HEART AND VASCULAR INSTITUTE - HEART FUND 250,000
    Total .................................bullet 3b 2,150,000
    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 ...........
             
    4 Dividends and interest from securities....     14 282,671  
    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.....     14 120,260  
    8 Gain or (loss) from sales of assets other than
    inventory ............
        18 1,473,569  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 1,876,500 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,876,500
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    Firm's EIN SmallBullet
    Firm's address SmallBullet


    Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 37,500 18,750   18,750

    TY 2018 GeneralExplanationAttachment
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Identifier Return Reference Explanation
      PART VII-B, QUESTION 1A(3) FORD ESTATES, LLC (2000 BRUSH ST., SUITE 440, DETROIT, MICHIGAN 48226-2251), IS A BUSINESS OFFICE MAINTAINED FOR, AND AT THE EXPENSE OF, VARIOUS MEMBERS OF THE FORD FAMILY WHO, WITH RESPECT TO THIS FUND, ARE "DISQUALIFIED PERSONS", INCLUDING PARTICULARLY THE FOLLOWING: LYNN F. ALANDT AND BENSON FORD, JR.FORD ESTATES, LLC SUPPLIES ACCOUNTING SERVICES AND OFFICE SERVICES (COLLECTING INCOME, DISTRIBUTION OF CONTRIBUTIONS, MAINTENANCE OF ACCOUNTS AND RECORDS, HANDLING CORRESPONDENCE, PREPARATION OF TAX RETURNS AND ANNUAL REPORTS, AND SIMILIAR MATTERS PERTAINING TO THE OFFICE OF TREASURER). SUCH SERVICES ARE PERFORMED BY THOMAS J. MOTSCHALL (TREASURER) AND BY OTHERS IN FORD ESTATES, LLC UNDER HIS SUPERVISION. NO COMPENSATION IS PAID BY BENSON & EDITH FORD FUND DIRECTLY TO THOMAS J. MOTSCHALL AS COMPENSATION FOR HIS SERVICES IN ANY OF THE CAPACITIES LISTED ABOVE OR OTHERWISE. IN 2018, BENSON & EDITH FORD FUND PAID FORD ESTATES, LLC $37,500 FOR FEES (AND EXPENSES) FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH.
      PART VII-B, QUESTION 1A(4) DAVID P. LARSEN (SECRETARY) AND DAVID M. HEMPSTEAD (DIRECTOR) ARE PARTNERS IN THE LAW FIRM OF BODMAN PLC, 1901 ST. ANTOINE STREET, 6TH FLOOR, DETROIT, MICHIGAN 48226, WHICH FIRM ACTS AS THE ATTORNEYS FOR BENSON & EDITH FORD FUND. MR. LARSEN AND MR. HEMPSTEAD ARE THE PEOPLE IN THE FIRM PRINCIPALLY CONCERNED WITH SUCH LEGAL SERVICES TO THE FUND, BUT OTHERS IN THE FIRM ALSO RENDER LEGAL SERVICES TO THE FUND UNDER THEIR SUPERVISION. THE TIME SPENT BY MR. LARSEN AND MR. HEMPSTEAD STRICTLY IN THE LISTED OFFICIAL CAPACITIES CANNOT READILY BE SEPARATED FROM THAT SPENT IN PERFORMING LEGAL SERVICES REFERRED TO. IN 2018, BENSON & EDITH FORD FUND PAID TO SAID ATTORNEYS $1,939 FOR FEES (AND EXPENSES) FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH.
      PART XV, LINE 3 THE PURPOSE OF EACH GRANT OR CONTRIBUTION IS TO PROVIDE FINANCIAL SUPPORT TO CORPORATIONS, TRUSTS, COMMUNITY CHESTS, FUNDS OR FOUNDATIONS, ORGANIZED AND OPERATED SOLELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC, LITERARY OR EDUCATIONAL PURPOSES, OR FOR THE PREVENTION OF CRUELTY TO CHILDREN OR ANIMALS.

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Name of Bond End of Year Book Value End of Year Fair Market Value
    250,000 UNITS BORGWARNER INC SR NT 8.000% DUE 10-01-19 263,117 259,122
    300,000 UNITS BORGWARNER INC SR GLBL NT 4.625% DUE 09-15-20 312,665 303,807
    250,000 UNITS WAL-MART STORES INC NT 3.625% DUE 07-08-20 256,723 252,517
    250,000 UNITS KIMBERLY CLARK CORP NOTE MAKE WHOLE 3.875% DUE 03-01-21 259,853 253,757
    200,000 UNITS MONSANTO CO NEW SR GLBL NT 2.750% DUE 07-15-21 199,394 195,080
    250,000 UNITS COCA COLA CO NT 3.300% DUE 09-01-21 255,589 253,183
    300,000 UNITS INTEL CORPORATION 3.300% DUE 10-01-21 304,785 303,177
    100,000 UNITS CLOROX CO NOTE 3.800% DUE 11-15-21 102,432 102,024
    150,000 UNITS COCA-COLA COMPANY 1.875% DUE 10-27-20 149,637 147,431
    100,000 UNITS KROGER 2.300% DUE 01-15-19 100,287 99,965
    300,000 UNITS MICROSOFT 1.850% DUE 02-06-20 301,196 297,822
    100,000 UNITS AT&T 2.450% DUE 06-30-20 99,400 98,699
    100,000 UNITS BOEING 2.125% DUE 03-01-22 99,740 97,050
    100,000 UNITS ANHEUSER-BUSH INBEV FINANCE 3.300% DUE 02-01-23 102,328 97,235
    250,000 UNITS FORD 2.597% DUE 11-04-19 249,257 247,240
    100,000 UNITS ECOLAB 2.250% DUE 01-12-20 99,230 99,351
    200,000 UNITS UNITED TECHNOLOGIES 1.900% DUE 05-04-20 196,787 196,268
    100,000 UNITS CHEVRON 2.419% DUE 11-17-20 98,754 99,080
    200,000 UNITS WALMART INC 1.900% DUE 12-15-20 195,786 196,862
    150,000 UNITS CISCO SYS INC SR NT 2.900% DUE 03-04-21 148,791 150,260
    250,000 UNITS BERKSHIRE HATHAWAY 2.200% DUE 03-15-21 247,101 246,720
    100,000 UNITS BURLINGTON NORTHERN SANTA FE CP BOND 4.100% DUE 06-01-21 101,950 102,618
    200,000 UNITS BERKSHIRE HATHAWAY FIN CORP 3.000% DUE 05-15-22 197,761 199,542
    100,000 UNITS IBM CREDIT 1.625% DUE 09-06-19 99,079 99,029
    100,000 UNITS ASTRAZENECA PLC NOTE 1.950% DUE 09-18-19 99,180 99,280
    ACCRUED INTEREST 0 42,446

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Name of Stock End of Year Book Value End of Year Fair Market Value
    680 UNITS FORD COMMON 49 5,202
    2,500 UNITS ABBOTT LABS COM 182,413 180,825
    200 UNITS ADOBE SYSTEMS INC 52,212 45,248
    400 UNITS ALPHABET INC CL C 129,704 414,244
    350 UNITS AMAZON COM INC 117,462 525,689
    4,000 UNITS APPLE COMPUTER INC 11,129 630,960
    500 UNITS BECTON DICKINSON & CO 113,895 112,660
    450 UNITS BERKSHIRE HATHAWAY INC CL B 98,252 91,881
    500 UNITS BOEING CO 119,066 161,250
    2,500 UNITS CATERPILLAR INC 54,804 317,675
    1,000 UNITS CHENIERE ENERGY INC 63,687 59,190
    1,500 UNITS CISCO SYSTEMS INC 68,412 64,995
    1,000 UNITS CONOCOPHILLIPS 62,102 62,350
    1,600 UNITS CONTINENTAL RESOURCES INC/OK 64,152 64,304
    1,750 UNITS COSTCO WHOLESALE CORP 120,608 356,492
    300 UNITS DEERE & CO 46,424 44,751
    1,750 UNITS DISNEY WALT CO 61,415 191,888
    1,000 UNITS EDWARDS LIFESCIENCES CORP 141,287 153,170
    1,500 UNITS FACEBOOK 45,919 196,635
    1,750 UNITS HOME DEPOT INC 96,837 300,685
    2,250 UNITS HONEYWELL INTERNATIONAL INC 238,557 297,270
    600 UNITS IBM CORP 67,974 68,202
    800 UNITS JPMORGAN CHASE & CO 88,807 78,096
    600 UNITS LILLY ELI & CO 68,917 69,432
    750 UNITS MCDONALDS CORP 127,452 133,178
    1,750 UNITS MEDTRONIC PLC 140,276 159,180
    2,000 UNITS MICROSOFT CORP 125,792 203,140
    300 UNITS NETFLIX INC 29,522 80,298
    500 UNITS PALO ALTO NETWORKS INC 90,365 94,175
    400 UNITS PAYPAL INC 33,516 33,636
    1,500 UNITS PHILLIPS 66 134,404 129,225
    350 UNITS PIONEER NATURAL RESOURCES CO 45,147 46,032
    750 UNITS RAYTHEON COMPANY 91,815 115,013
    1,000 UNITS SALESFORCE.COM, INC 106,097 136,970
    400 UNITS SHERWIN-WILLIAMS CO 110,630 157,384
    2,000 UNITS STRYKER CORP 245,239 313,500
    3,000 UNITS SUNTRUST BANKS INC 168,480 151,320
    500 UNITS UNITEDHEALTH GROUP INC 115,167 124,560
    3,750 UNITS US BANCORP 160,648 171,375
    2,500 UNITS VISA INC - CLASS A SHARES 86,311 329,850
    1,000 UNITS VULCAN MATERIALS CO 105,862 98,800
    1,500 UNITS WASTE MANAGEMENT INC 83,012 133,485
    1,500 UNITS ZOETIS INC 136,415 128,310

    TY 2018 InvestmentsOtherSchedule2
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    PACIFIC FUND I, LP - 6.0528% INTEREST AT COST 4,869,241 6,000,174

    TY 2018 LegalFeesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 1,939 0   1,939


    TY 2018 OtherAssetsSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    FEDERAL EXCISE TAX RECEIVABLE 3,675 0 0
    PURCHASED INTEREST - COMERICA BANK RHB2 6221 0 2,390 2,390


    TY 2018 OtherExpensesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FILING FEE 20 0   20


    TY 2018 OtherIncomeSchedule2
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM K-1 - PACIFIC FUND I, LP 120,260 120,260 120,260


    TY 2018 OtherLiabilitiesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Description Beginning of Year - Book Value End of Year - Book Value
    FEDERAL EXCISE TAX ACCRUED 0 3,413


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES - COMERICA 3211 238 238   0
    INVESTMENT FEES - COMERICA 3681 35,220 35,220   0
    INVESTMENT FEES - COMERICA 6221 13,041 13,041   0


    TY 2018 TaxesSchedule
    Name:
    BENSON & EDITH FORD FUND
    EIN:
    38-6066333
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 18,088 0   0
    FOREIGN TAX 457 457   0