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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
FLAGSTAR FOUNDATION INC
 
Number and street (or P.O. box number if mail is not delivered to street address)5151 CORPORATE DRIVE
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
TROY, MI48098
A Employer identification number

82-1812075
B Telephone number (see instructions)

(248) 312-5470
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ...
bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$3,456,588
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) 3,974,467
2 Check bullet.............
3 Interest on savings and temporary cash investments 3,840 3,840  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10  
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 3,978,307 3,840  
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).........        
b Accounting fees (attach schedule)....... 12,147      
c Other professional fees (attach schedule).... 24,132      
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 2,190      
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 38,469 0   0
25 Contributions, gifts, grants paid....... 2,210,910 2,210,910
26 Total expenses and disbursements. Add lines 24 and 25 2,249,379 0   2,210,910
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,728,928
b Net investment income (if negative, enter -0-) 3,840
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 1,727,660 3,456,588 3,456,588
2 Savings and temporary cash investments.........      
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).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 1,727,660 3,456,588 3,456,588
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 1,727,660 3,456,588
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 1,727,660 3,456,588
30 Total liabilities and net assets/fund balances (see instructions). 1,727,660 3,456,588
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
1,727,660
2
Enter amount from Part I, line 27a .....................
2
1,728,928
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
3,456,588
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
3,456,588
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1a
b
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2  
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved
(b)
Reserved
(c)
Reserved
(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 53
c All other domestic foundations enter 1.39% 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 53
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 53
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a  
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  
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 53
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 2021 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 the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletMI
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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 addressbulletWWW.FLAGSTAR.COM
    14
    The books are in care ofbulletSONIA PLATA Telephone no.bullet (248) 312-5470

    Located atbullet5151 CORPORATE DRIVETROYMI ZIP+4bullet48098
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ELIZABETH CORREA MANAGING DIRECTOR
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    PAULA BORJA SECRETARY
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    LAURIE MCPECK TREASURER
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    GARY WOLF TRUSTEE
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    DONNA KRALL TRUSTEE
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    MATTHEW ALLEN TRUSTEE
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    MIKE DOYLE TRUSTEE
    003.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    SONIA PLATA PRESIDENT
    040.00
    0    
    5151 CORPORATE DRIVE
    TROY,MI48098
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
     
    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 N/A 0
    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 (2020)
    Form 990-PF (2020)
    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
    0
    b
    Average of monthly cash balances.......................
    1b
    1,772,204
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,772,204
    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
    1,772,204
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) Click to see attachment.............................
    4
    26,583
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    1,745,621
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    87,281
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    87,281
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    53
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    53
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    87,228
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    87,228
    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
    87,228
    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 Click to see attachment..........
    1a
    2,210,910
    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
    2,210,910
    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
    2,210,910
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2019
    (c)
    2019
    (d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 87,228
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017...... 190,776
    d From 2018...... 924,160
    e From 2019...... 2,224,902
    fTotal of lines 3a through e........ 3,339,838
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,210,910
    a Applied to 2019, 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 2020 distributable amount..... 87,228
    e Remaining amount distributed out of corpus 2,123,682
    5 Excess distributions carryover applied to 2020.    
    (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 5,463,520
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
     
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...
     
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......
    5,463,520
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017.... 190,776
    c Excess from 2018.... 924,160
    d Excess from 2019.... 2,224,902
    e Excess from 2020.... 2,123,682
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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).)
    NONE
    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.
    NONE
    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:
    SONIA PLATA
    5151 CORPORATE DRIVE
    TROY,MI48098
    (248) 312-5470
    bThe form in which applications should be submitted and information and materials they should include:
    SEE APPLICATION
    cAny submission deadlines:
    SEE APPLICATION
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE APPLICATION
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    ABHI SHAH FOUNDATION
    25843 SHORELINE DR
    NOVI,MI48374
      PC See Attached General Explanation 5,000
    ACCOUNTING AID SOCIETY
    3031 W GRANDS BLVD
    DETROIT,MI48202
      PC See Attached General Explanation 40,000
    AFFIRMATIONS LESBIAN GAY COMMUNITY CENTER INC
    290 W NINE MILE RD
    FERNDALE,MI48220
      PC See Attached General Explanation 15,000
    AMANI FAMILY SERVICES INC
    2456 LAKE AVE
    FORTWAYNE,IN46805
      PC See Attached General Explanation 5,000
    AMERICAN INDIAN HEALTH AND FAMILY SERVICES
    4880 LAWNDALE ST
    DETROIT,MI48210
      PC See Attached General Explanation 5,000
    AMERICA'S CHARITIES
    14150 NEWBROOK DR
    CHANTILLY,VA20151
      PC See Attached General Explanation 165,000
    ATLANTA HABITAT FOR HUMANITY
    824 MEMORIAL DR SE
    ATLANTA,GA30316
      PC See Attached General Explanation 5,000
    BEAUMONT HEALTH FOUNDATION
    26901 BEAUMONT BLVD
    SOUTHFIELD,MI48033
      PC See Attached General Explanation 20,000
    BIG BROTHERS BIG SISTERS OF JACKSON COUNTY INC
    536 N JACKSON ST
    JACKSON,MI48901
      PC See Attached General Explanation 10,000
    BOYS HOPE GIRLS HOPE DETROIT
    P O BOX 21085
    DETROIT,MI48221
      PC See Attached General Explanation 5,000
    CARE SHARE FOOD PANTRY
    101 MAIN ST
    GILLET,WI54124
      PC See Attached General Explanation 500
    CASS COMMUNITY SOCIAL SERVICES INC
    11745 ROSA PARKS BLVD
    DETROIT,MI48206
      PC See Attached General Explanation 5,000
    CATHERINE'S HEALTH CENTER
    1211 LAFAYETTE AVE NE
    GRAND RAPIDS,MI49505
      PC See Attached General Explanation 5,000
    CENTER FOR HIGHER EDUCATIONAL ACHIEVEMENT
    1920 MARYLAND AVE
    FLINT,MI48506
      PC See Attached General Explanation 5,000
    CENTER FOR THE HOMELESS
    813 S MICHIGAN ST
    SOUTH BEND,IN46601
      PC See Attached General Explanation 5,000
    CENTRO MULTICULTURAL LA FAMILIA
    35 W HURON ST
    PONITIAC,MI48342
      PC See Attached General Explanation 3,000
    CHAMBER MUSIC SOCIETY OF DETROIT
    5470 CHENE ST
    DETROIT,MI48211
      PC See Attached General Explanation 5,000
    CHARITABLE UNION
    85 CALHOUN ST
    BATTLE CREEK,MI49017
      PC See Attached General Explanation 5,000
    CHILD AND FAMILY CHARITIES
    4287 FIVE OAKS DR
    LANSING,MI48911
      PC See Attached General Explanation 5,000
    CITY RESCUE MISSION
    426 S McDUFF AVE
    JACKSONVILLE,FL32254
      PC See Attached General Explanation 5,000
    CLARA WHITE MISSION
    613 W ASHLEY ST
    JACKSONVILLE,FL32202
      PC See Attached General Explanation 5,000
    COMMUNITY FOUNDATION FOR SOUTHEAST MICHIGAN
    333 W FORT ST
    DETROIT,MI48226
      PC See Attached General Explanation 100,000
    COMMUNITY FOUNDATION OF MARQUETTE COUNTY
    228 W WASHINGTON ST
    MARQUETTE,MI49855
      PC See Attached General Explanation 30,000
    COMMUNITY HARVEST FOOD BANK OF NORTHEAST INDIANA
    999 E TILLMAN RD
    FORT WAYNE,IN46816
      PC See Attached General Explanation 5,000
    COMMUNITY SOLUTIONS
    9015 MURRAY AVE
    GILROY,CA95020
      PC See Attached General Explanation 5,000
    COVENANT HOUSE OF MICHIGAN
    26 ANTOINE ST SW
    GRAND RAPIDS,MI49507
      PC See Attached General Explanation 5,000
    DETROIT ACTOR'S THEATRE COMPANY
    18106 ROSELAWN ST
    DETROIT,MI48221
      PC See Attached General Explanation 15,000
    DETROIT CRISTO REY HIGH SCHOOL
    5679 W VERNOR HWY
    DETROIT,MI48209
      PC See Attached General Explanation 5,000
    DETROIT HISPANIC DEVELOPMENT CORPORATION
    1211 TRUMBULL ST
    DETROIT,MI48216
      PC See Attached General Explanation 5,000
    DETROIT HORSE POWER
    8425 W McNICHOLS
    DETROIT,MI48221
      PC See Attached General Explanation 3,000
    DETROIT REGIONAL LGBT CHAMBER FUND INC
    P O BOX 32446
    DETROIT,MI48232
      PC See Attached General Explanation 2,500
    DETROIT SYMPHONY ORCHESTRA
    3711 WOODWARD AVE
    DETROIT,MI48201
      PC See Attached General Explanation 25,000
    DICKINSON COUNTY SALVATION ARMY
    145 ROSELAND ST
    KINGSFORD,MI49802
      PC See Attached General Explanation 5,000
    DOWNTOWN BOXING GYM YOUTH PROGRAM
    6445 E VERNOR HIGHWAY
    DETROIT,MI48207
      PC See Attached General Explanation 10,000
    DUTTON FARM
    2290 DUTTON RD
    ROCHESTER,MI48306
      PC See Attached General Explanation 10,000
    FAMILY PROMISEBRANCH INTERFAITH HOSPITALITY
    63 W WASHINGTON ST
    COLDWATER,MI49036
      PC See Attached General Explanation 3,000
    FAMILY SERVICE AND CHILDREN'S AID
    306 W MICHIGAN AVE
    JACKSON,MI49201
      PC See Attached General Explanation 3,000
    FORGOTTEN HARVEST
    21800 GREENFIELD
    OAK PARK,MI48237
      PC See Attached General Explanation 25,000
    FORTWAYNE CIVIC THEATRE
    303 E MAIN ST
    FORTWAYNE,IN46802
      PC See Attached General Explanation 5,000
    FORT WAYNE DANCE COLLECTIVE INC
    437 E BERRY ST
    FORT WAYNE,IN46802
      PC See Attached General Explanation 15,000
    FRANKLIN WRIGHT SETTLEMENTS
    3360 CHARLEVOIX
    DETROIT,MI48207
      PC See Attached General Explanation 5,000
    GLEANERS FOOD BANK
    2131 BEAUFAIT
    DETROIT,MI48207
      PC See Attached General Explanation 5,000
    HONEYWELL FOUNDATION INC
    275 W MARKET ST
    WABASH,IN46992
      PC See Attached General Explanation 5,000
    HOUSING SERVICES MID MICHIGAN
    319 S COCHRAN
    CHARLOTTE,MI49938
      PC See Attached General Explanation 3,000
    HUBBARFD HOUSE
    P O BOX 4909
    JACKSONVILLE,FL32201
      PC See Attached General Explanation 5,000
    INIDANA COUNCIL FOR ECONOMIC EDUCATION
    128 MEMORIAL MALL
    W LAFAYETTE,IN47907
      PC See Attached General Explanation 5,000
    INNER CITY CHRISTIAN FEDERATION
    920 CHERRY ST SE
    GRAND RAPIDS,MI49506
      PC See Attached General Explanation 5,000
    INSIDEOUT LITERARY ARTS PROJECT
    5143 CASS AVE
    DETROIT,MI48202
      PC See Attached General Explanation 20,000
    INVEST DETROIT
    600 RENAAISSANCE CENTER
    DETROIT,MI48243
      PC See Attached General Explanation 500,000
    JACKSON FRIENDLY HOME
    435 W NORTH ST
    JACKSON,MI49202
      PC See Attached General Explanation 3,000
    JOHN GEORGE HOME
    1501 E GANSON ST
    JACKSON,MI49202
      PC See Attached General Explanation 5,000
    JUNIOR ACHIEVEMENT OF NORTHERN INDIANA
    550 E WALLEN RD
    FORT WAYNE,IN46825
      PC See Attached General Explanation 10,000
    JUST NEIGHBORS INTERFAITH HOMELESS NETWORK
    2925 E STATE BLVD
    FORT WAYNE,IN46805
      PC See Attached General Explanation 5,000
    KADIMA JEWISH SUPPORT SERVICES FOR ADULTS WITH MENTAL ILLNESS
    15999 W TWELVE MILE RD
    SOUTHFIELD,MI48076
      PC See Attached General Explanation 20,000
    KENT COUNTY HABITAT FOR HUMANITY
    425 PLEASANT ST SW
    GRAND RAPIDS,MI49503
      PC See Attached General Explanation 5,000
    LaGRANGE COUNTY HABITAT FOR HUMANIT INC
    205 E WAYNE ST
    LaGRANGE,IN46761
      PC See Attached General Explanation 5,000
    LATINO FAMILY SERVICES
    1145 LAWNDALE ST
    DETROIT,MI48209
      PC See Attached General Explanation 5,000
    LIGHTHOUSE OF MICHIGAN
    46156 WOODWARD
    PONTIAC,MI48342
      PC See Attached General Explanation 10,000
    LIVING ARTS
    8701 W VERNOR HWY
    DETROIT,MI48209
      PC See Attached General Explanation 3,000
    LOCAL INITIATIVES SUPPORT CORPORATION
    501 SEVENTH AVE
    NEW YORK,NY10018
      PC See Attached General Explanation 500,000
    MACOMB COUNTY ROTATING EMERGENCY SHELTER TEAM
    20415 ERIN
    ROSEVILLE,MI48066
      PC See Attached General Explanation 20,000
    MARQUETTE WOMEN'S CENTER
    1310 FRONT ST
    MARQUETTE,MI49855
      PC See Attached General Explanation 5,000
    MIAMI COUNTY HELPING HANDS INC
    176 N BROADWAY
    PERU,IN46970
      PC See Attached General Explanation 5,000
    MICHIGAN COUNCIL OF WOMEN IN TECHNOLOGY FOUNDATION
    24800 DENSO DR
    SOUTHFIELD,MI48033
      PC See Attached General Explanation 5,000
    MICHIGAN CROSSROADS COUNCIL INC BOY SCOUTS OF AMERICA
    1176 W WARREN AVE
    DETROIT,MI48208
      PC See Attached General Explanation 2,500
    MICHIGAN HISPANIC COLLABORATIVE
    1420 WASHIGNTON BLVD
    DETROIT,MI48226
      PC See Attached General Explanation 19,000
    MICHIGAN HUMANE SOCIETY
    30300 TELEGRAPH RD
    BINGHAM FARMS,MI48025
      PC See Attached General Explanation 5,000
    MICHIGAN ROUNDTABLE FOR DIVERSITY AND INCLUSION
    525 NEW CENTER ONE
    DETROIT,MI48202
      PC See Attached General Explanation 10,000
    MILLENNIALS MATTER USA
    17310 WOODBINE ST
    DETROIT,MI48219
      PC See Attached General Explanation 3,000
    MOJAVE VALLEY UNITED FUND INC
    210 E WILLIAMS ST
    BARSTOW,CA92311
      PC See Attached General Explanation 5,000
    MONROE COUNTY OPPORTUNITY PROGRAM
    1140 S TELEGRAPH RD
    MONROE,MI48161
      PC See Attached General Explanation 10,000
    NATIONAL ASSOCIATION FOR THE ADVANCEMENT OF COLORED PEOPLE
    4805 MT HOPE DR
    BALTIMORE,MD21201
      PC See Attached General Explanation 15,000
    NATIONAL AMERICAN ARAB NURSES ASSOCIATION
    18000 W 9 MILE RD
    SOUTHFIELD,MI48075
      PC See Attached General Explanation 500
    NEW DEVELOPMENT CORPORATION
    205 CARRIER ST NE
    GRAND RAPIDS,MI49505
      PC See Attached General Explanation 10,000
    NORTHEAST INDIANA FUND
    200 E MAIN ST
    FORT WAYNE,IN46802
      PC See Attached General Explanation 10,000
    OAKLAND YOUTH ORCHESTRA
    371 VARNER DR
    ROCHESTER,MI48309
      PC See Attached General Explanation 2,500
    PAINT CREEK CENTER FOR THE ARTS
    407 PINE ST
    ROCHESTER,MI48307
      PC See Attached General Explanation 3,000
    PENRICKSTON CENTER FOR BLIND CHILDREN
    26530 EUREKA RD
    TAYLOR,MI48180
      PC See Attached General Explanation 5,000
    RUSH COUNTY 4-H
    101 E SECOND ST
    RUSHVILLE,IN46173
      PC See Attached General Explanation 5,000
    RUSH MEMORIAL HOSPITAL FOUNDATION
    1300 N MAIN ST
    RUSHVILLE,IN46173
      PC See Attached General Explanation 5,000
    RUTH ELLIS CENTER INC
    77 VICTOR ST
    HIGHLAND PARK,MI48203
      PC See Attached General Explanation 10,000
    SAUGATUCK CENTER FOR THE ARTS INC
    400 CULVERT ST
    SAUGATUCK,MI49453
      PC See Attached General Explanation 10,000
    SECOND HARVEST OF SILICON VALLEY
    4001 N FIRST ST
    SAN JOSE,CA95134
      PC See Attached General Explanation 10,000
    SERVICES TO ENHANCE POTENTIAL
    2941 S GULLEY RD
    DEARBORN,MI48124
      PC See Attached General Explanation 10,000
    SIMPLE KINDNESS FOR YOUTH
    809 HECLA ST
    HANCOCK,MI49930
      PC See Attached General Explanation 5,000
    SME EDUCATION FOUNDATION
    1000 TOWN CENTER
    SOUTHFIELD,MI48075
      PC See Attached General Explanation 100,000
    SOLDIER'S ANGELS
    2895 NEW LOOP 410
    SAN ANTONIO,TX78218
      PC See Attached General Explanation 10,000
    ST MARY MEDICAL CENTER FOUNDATION
    18300 HIGHWAY 18
    APPLE VALLEY,CA90307
      PC See Attached General Explanation 5,000
    ST VINCENT DePAUL SOCIETY
    108 S MARQUETTE ST
    IRONWOOD,MI49938
      PC See Attached General Explanation 500
    STRATEGIES TO OVERCOME OBSTACLES & AVOID RECIDIVISM
    1211 SOUTH ST
    BELLEVILLE,MI48111
      PC See Attached General Explanation 10,000
    SUPERIOR ARTS YOUTH THEATER
    15 HORSESHOE LAKE CIRCLE
    NEGAUNEE,MI49866
      PC See Attached General Explanation 3,000
    THE CARR CENTER
    15 E KIRBY
    DETROIT,MI48202
      PC See Attached General Explanation 5,000
    THE FORT WAYNE RESCUE MISSION
    301 W SIPERIOR ST
    FORT WAYNE,IN46802
      PC See Attached General Explanation 5,000
    THE ORDER OF THE FISHERMAN MINISTRY HEAD START
    10047 GRAND RIVER AVE
    DETROIT,MI48204
      PC See Attached General Explanation 5,000
    THE PAX CENTER (STATE ST COMMUNITY CHURCH)
    605 WASHINGTON ST
    LAPORTE,IN46350
      PC See Attached General Explanation 5,000
    THE RAINBOW HOUSE
    1530 MAIN ST
    MARINETTE,WI54143
      PC See Attached General Explanation 5,000
    THE SALVATION ARMY OF BATTLE CREEK
    400 CAPITAL AVE NE
    BATTLE CREEK,MI49017
      PC See Attached General Explanation 10,000
    THREE PILLARS - AN EDUCATIONAL SERVICES PROVIDER
    6861 E NEVADA
    DETROIT,MI48234
      PC See Attached General Explanation 20,000
    TODD MARTIN YOUTH LEADERSHIP
    200 N FOSTER
    LANSING,MI48912
      PC See Attached General Explanation 6,900
    TRI-CITY UNITED WAY
    1812 HALL AVE
    MARINETTE,WI54143
      PC See Attached General Explanation 5,000
    UP CHILDREN'S THERAPY
    600 US 41
    NEGAUNEE,MI49866
      PC See Attached General Explanation 6,900
    VENTURE INC
    196 CESAR E CHAVEZ AVE
    PONTIAC,MI48343
      PC See Attached General Explanation 10,000
    VICTOR VALLEY COLLEGE DISTRICT FOUNDATION INC
    18422 BEAR VALLEY RD
    VICTORVILLE,CA92395
      PC See Attached General Explanation 5,000
    VICTOR VALLEY COMMUNITY SERVICES COUNCIL
    16692 MOJAVE DR
    VICTORVILLE,CA92395
      PC See Attached General Explanation 5,000
    VICTOR VALLEY DOMESTIC VIOLENCE INC
    14114 HESPERIA RD
    VICTORVILLE,CA92395
      PC See Attached General Explanation 14,000
    VISTA MARIA
    20651 W WARREN AVE
    DEARBORN HGTS,MI48127
      PC See Attached General Explanation 10,000
    WAYNE METROPOLITAN COMMUNITY ACTION AGENCY
    7310 WOODWARD AVE
    DETROIT,MI48202
      PC See Attached General Explanation 10,000
    WHITINGTON HOMES & SERVICES FOR CHILDREN AND FAMILIES
    2423 FAIRFIELD AVE
    FORT WAYNE,IN46807
      PC See Attached General Explanation 5,000
    WINNING FUTURES
    27500 COSGROVE
    WARREN,MI48092
      PC See Attached General Explanation 5,000
    YMCA OF METROPOLITAN DETROIT
    1401 BROADWAY
    DETROIT,MI48226
      PC See Attached General Explanation 5,000
    YMCA OF GREATER FLINT
    801 S SAGINAW ST
    FLINT,MI48501
      PC See Attached General Explanation 3,000
    FLAGSTAR BANK - JEANS DAY FUND
    5151 CORPORATE DR
    TROY,MI48098
      PC See Attached General Explanation 22,110
    Total .................................bullet 3a 2,210,910
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 3,840  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............
             
    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)..   3,840  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,840
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID: 20011406
    Software Version: 20.0.2.0


    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
    2020
    Name of the organization
    FLAGSTAR FOUNDATION INC
     
    Employer identification number

    82-1812075
    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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    FLAGSTAR FOUNDATION INC
     
    Employer identification number
    82-1812075
    Part I
    Contributors
    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
    FLAGSTAR BANK
    5151 CORPORATE DRIVE
     
    TROY, MI48098

    $ 3,775,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    2
    TAVANT TECHNOLOGIES
    5151 CORPORATE DRIVE
     
    TROY, MI48098

    $ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    3
    JAMES CIROLI
    5151 CORPORATE DRIVE
     
    TROY, MI48098

    $ 13,000


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    4
    MATHEW ALLEN
    5151 CORPORATE DRIVE
     
    TROY, MI48098

    $ 7,484


    (Complete Part II for noncash contributions.)
    (a)
    No.
    (b)
    Name, address, and ZIP + 4
    (c)
    Total contributions
    (d)
    Type of contribution
    5
    PAUL BRISTOL
    5151 CORPORATE DRIVE
     
    TROY, MI48098

    $ 5,000


    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    FLAGSTAR FOUNDATION INC
     
    Employer identification number

    82-1812075
    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
     
    $    
    (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
     
    $    
    (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) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    FLAGSTAR FOUNDATION INC
     
    Employer identification number

    82-1812075
    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) (2020)
    Additional Data


    Software ID: 20011406
    Software Version: 20.0.2.0

    TY 2020 AccountingFeesSchedule
    Name:
    FLAGSTAR FOUNDATION INC
    EIN:
    82-1812075
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 12,147      

    TY 2020 GeneralExplanationAttachment
    Name:
    FLAGSTAR FOUNDATION INC
    EIN:
    82-1812075
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Identifier Return Reference Explanation
      ABHI SHAH FOUNDATION To provide lunches and/or dinners every quarter along with school supplies, bas ABHI SHAH FOUNDATION To provide lunches and/or dinners every quarter along with school supplies, basic hygiene products, board games, coloring books, puzzles and other educational items to Detroit Public School children. ACCOUNTING AID SOCIETY To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. AFFIRMATIONS LESBIAN GAY COMMUNITY CENTER, INC. To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. AMANI FAMILY SERVICES, INC. To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. AMERICAN INDIAN HEALTH AND FAMILY SERVICES To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. AMERICAS CHARITIES To suppot in administering the Employee Assistance Fund EAF, including performing reviews and application determinations. The EAFs purpose is to support employees and their immediate families during times of significant financial hardship following a federally-declared Qualified Disaster. It serves to aid those who meet eligibility requirements and are unable to meet certain expense obligations due to the impact of a qualifying event or disaster. ATLANTA HABITAT FOR HUMANITY To support COVID-19 needs and/or financial capability programs serving low to moderate income individuals in Altanta and Fulton County. BEAUMONT HEALTH FOUNDATION To continue to support the Project SEARCH program at Beaumont Hospital, Troy. Specifically, fund the part-time Program Assistant position which supports the Project SEARCH instructor, department leaders, and current and former interns of the program who are now employed at Beaumont Health. The Program Assistant provides day-to-day support to the hospital department managers who host interns and oversee job coaches. Project Search objectives include 1 preparing students with disabilities in their last year of school eligibility 18-26 years of age for employment through total workplace immersion 2 providing classroom instruction in employability skills, functional academics, and independent living skills 3 providing hospital internship rotations for career exploration and job skills training and 4 supporting interns and hiring managers in the workplace setting to ensure the success rate of placements and encourage future employment opportunities. The anticipated outcomes include an increase in project research intern participants an increase in departments providing internship rotations at the hospital, and an increase in new graduates Beaumont employs and retains through the years. BIG BROTHERS BIG SISTERS OF JACKSON COUNTY, INC To support a part time Quality Assurance and Program Specialist, who provides support to the Enrollment Specialist and Match Specialist. The Quality Assurance and Program Specialist will be able to ensure the focus areas of academic success, financial literacy and physical health are quantifiable. The Quality Assurance and Program Specialist is a vital part of the safety procedures and standards put in to place by BBBS of America BBBSA. This position is vital to the growth and capacity of BBBSJC. The evaluation will include 1. the assessment of the number of strong and enduring matches sustained 2. the assistance provided to the Enrollment Specialist to increase the timeliness of the mentor review process 3. the monitoring of the achievement of the Matchs goals 4. the assessment of the Match Specialists in finding further education and activities for the Matches to use 5. helping the Match Specialists create and obtain a system for meeting the contact and supervisory schedule put in place by BBBS of America 6. the number of Match records they are able to Audit on a quarterly basis and 7. assisting the Enrollment and Match Specialists with identifying their areas of opportunity to improve intake, processing, case management and child safety standards. BOYS HOPE GIRLS HOPE DETROIT The funds are to support workforce readiness and financial capability programs along with the work that help strengthen communities through the vital services the organization provides. CARE SHARE FOOD PANTRY The mission of the care share food pantry is to provide food to the hungry and need people of the Gillet Suring area. To support the work that help strengthen communities through the vital services the organization provides, and that aligns with Flagstars commitment to invest in its communities. CASS COMMUNITY SOCIAL SERVICES, INC. To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. CATHERINES HEALTH CENTER To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. CENTER FOR HIGHER EDUCATIONAL ACHIEVEMENT To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. CENTER FOR THE HOMELESS To support critical and emerging expenses related to COVID-19 with the intent of assisting urgent human service needs in your geographical service area. Specifically, helping meet the needs of those most vulnerable during the crisis, including children, women, veterans, the disabled, LGBTQ and racial and ethnic groups who need food, families facing loss of income due to unemployment and health issues, business closures, and those currently experiencing a housing crisis. CENTRO MULTICUTURAL LA FAMILIA The funds are to support the organizations COVID-19 needs and/or workforce readiness and financial capability programs serving low to moderate income individuals. CHAMBER MUSIC SOCIETY DETROIT The funds are to support the organizations COVID-19 needs and/or arts and culture programs. CHARITABLE UNION To support Charitable Unions program that serves low to moderate income individuals residing in Calhoun County, MI to overcome hurdles by providing the essentials, such as uniforms of employment. In this case, fitting 45 newly employed individuals in manufacturing with steel toed work boots. Charitable Union utilizes a software called Refer4Help to record all client demographics, specific service provided. For example, in 2018, the following demographic information was collected on those served 18 are homeless, 46 are female, 71 are between the ages of 20 and 44, 34 are African American, 2 are Asian, 3 are Hispanic, 2 are Native American, and 7 identif

    TY 2020 LegalFeesSchedule
    Name:
    FLAGSTAR FOUNDATION INC
    EIN:
    82-1812075
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes


    TY 2020 OtherExpensesSchedule
    Name:
    FLAGSTAR FOUNDATION INC
    EIN:
    82-1812075
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BANK SERVICE CHARGES 2,062      
    MISCELLANEOUS EXPENSES 128      


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    FLAGSTAR FOUNDATION INC
    EIN:
    82-1812075
    Software ID:
    20011406
    Software Version:
    20.0.2.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 24,132