Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
THE CARLS FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)6001 N ADAMS ROAD NO 215
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
BLOOMFIELD HILLS, MI48304
A Employer identification number

38-6099935
B Telephone number (see instructions)

(248) 434-5512
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$148,147,812J 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... 3,045,787 3,045,787  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 5,885,029
b Gross sales price for all assets on line 6a 75,269,849
7 Capital gain net income (from Part IV, line 2)... 5,885,029
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........ 8,930,816 8,930,816  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 140,540 0   140,540
14 Other employee salaries and wages...... 115,042 0   115,042
15 Pension plans, employee benefits....... 72,123 0   72,123
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 28,000 9,333   18,667
c Other professional fees (attach schedule).... Click to see attachment 556,104 556,104   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 40,888 0   18,888
19 Depreciation (attach schedule) and depletion... 2,002 0  
20 Occupancy.............. 29,546 0   29,546
21 Travel, conferences, and meetings....... 2,096 0   2,096
22 Printing and publications.......... 229 0   229
23 Other expenses (attach schedule)....... Click to see attachment 38,592 0   38,592
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,025,162 565,437   435,723
25 Contributions, gifts, grants paid....... 5,214,545 5,214,545
26 Total expenses and disbursements. Add lines 24 and 25 6,239,707 565,437   5,650,268
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,691,109
b Net investment income (if negative, enter -0-) 8,365,379
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............. 89,576 107,523 107,523
2 Savings and temporary cash investments......... 6,900,357 5,778,157 5,778,157
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) 14,635,857 Click to see attachment8,739,943 8,914,120
b Investments—corporate stock (attach schedule)....... 68,974,708 Click to see attachment73,205,922 105,488,127
c Investments—corporate bonds (attach schedule)....... 10,897,919 Click to see attachment11,711,052 12,425,739
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 10,414,714 Click to see attachment15,063,644 15,431,143
14 Land, buildings, and equipment: basis bullet84,069
Less: accumulated depreciation (attach schedule) bullet81,066 5,004 Click to see attachment3,003 3,003
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 111,918,135 114,609,244 148,147,812
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 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 111,918,135 114,609,244
29 Total net assets or fund balances (see instructions)..... 111,918,135 114,609,244
30 Total liabilities and net assets/fund balances (see instructions). 111,918,135 114,609,244
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
111,918,135
2
Enter amount from Part I, line 27a .....................
2
2,691,109
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
114,609,244
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 29 .
6
114,609,244
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.)
1 a PUBLICLY TRADED SECURITIES      
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 75,269,849   69,384,820 5,885,029
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       5,885,029
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 5,885,029
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................................ 1 116,279
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 0
3 Add lines 1 and 2........................... 3 116,279
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- ..... 5 116,279
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 100,003
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 47,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 147,003
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 30,724
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet30,724 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 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$ 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 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.CARLSFDN.ORG
    14
    The books are in care ofbulletELIZABETH A STIEG Telephone no.bullet (248) 385-5517

    Located atbullet6001 N ADAMS ROAD SUITE 215BLOOMFIELD HILLSMI ZIP+4bullet48304
    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
     
    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 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 A STIEG EXECUTIVE DIRECTOR/CEO
    40.00     		140,540 21,366 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    HENRY FLEISCHER TREASURER
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    ROBERT A SAJDAK TRUSTEE
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    DR HOMER E NYE TRUSTEE
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    EDWARD C STIEG TRUSTEE
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    TERESA KRIEGER-BURKE PHD TRUSTEE
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    BRUCE M FLEISCHER PHD TRUSTEE
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    DONALD A DELONG ESQ SECRETARY
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    BRAIN DERISLEY TRUSTEE
    1.00     		0 0 0
    6001 N ADAMS ROAD NO 215
    BLOOMFIELD HILLS,MI48304
    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
    KATHY A STENMAN PROGRAM OFFICER
    40.00     		96,882 14,670 0
    6001 N ADAMS ROAD STE 215
    BLOOMFIELD HILLS,MI48304
    Total number of other employees paid over $50,000...................bullet 0
    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
    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 (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
    123,315,310
    b
    Average of monthly cash balances.......................
    1b
    8,433,742
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    131,749,052
    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
    131,749,052
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,976,236
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    129,772,816
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,488,641
    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
    6,488,641
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    116,279
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    116,279
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,372,362
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,372,362
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    6,372,362
    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
    5,650,268
    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
    5,650,268
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    5,650,268
    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 6,372,362
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 98,283
    b From 2016......  
    c From 2017...... 71,278
    d From 2018......  
    e From 2019...... 7,971
    fTotal of lines 3a through e........ 177,532
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 5,650,268
    a Applied to 2019, 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 2020 distributable amount..... 5,650,268
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 177,532 177,532
    (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 0
    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 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		544,562
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    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).)
    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:
    ELIZABETH A STIEG EXECUTIVE DIRECTO
    6001 N ADAMS ROAD STE 215
    BLOOMFIELD HILLS,MI48304
    (248) 434-5512
    EASTIEG@CARLSFDN.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    NO FORMAL APPLICATION OR REQUEST FORM IS REQUIRED
    cAny submission deadlines:
    THERE ARE NO DEADLINES FOR SUBMISSION OF REQUESTS
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION HAS A BROADLY DEFINED CHARITABLE PURPOSE BUT THE ORGANIZATION'S PRIMARY FOCUS IS CHILDREN'S HEALTH & WELFARE (PRIMARILY IN MI), PRESERVATION OF NATURAL AREAS AND OPEN SPACES, AND HISTORICAL BUILDINGS. THE FOUNDATION DOES NOT PROVIDE GRANTS TO INDIVIDUALS, FOR ENDOWMENTS, PUBLICATIONS, CONFERENCES, SEMINARS, FILM, FELLOWSHIPS, EDUCATION, LOANS, TRAVEL, RESEARCH, PLAYGROUND OR ATHLETIC FACILITIES OR UNDERWRITE RELATED EVENTS.
    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
    COURT APPOINTED SPECIAL ADVOCATES OF SOUTHWEST MICHIGAN
    PO BOX 1146
    BENTON HARBOR,MI49023     		NONE PUBLIC CHARITY COURT APPOINTED SPECIAL ADVOCATE PROGRAM 25,000
    BENZIE AREA CHRISTIAN NEIGHBORS
    PO BOX 93
    BENZONIA,MI49616     		NONE PUBLIC CHARITY CAPITAL CONSTRUCTION OF NEW FACILITY 150,000
    SPECIAL NEEDS VISON CLINIC
    3660 SOUTHFIELD DR
    SAGINAW,MI48601     		NONE PUBLIC CHARITY VISION SERVICES FOR THOSE WITH DISABILITIES 25,000
    SAFE HARBOR CHILDREN'S ADVOCACY CENTER
    402 TROWBRIDGE ST
    ALLEGAN,MI49010     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 50,000
    COMMON GROUND
    1410 S TELEGRAPH RD
    BLOOMFIELD HILLS,MI48302     		NONE PUBLIC CHARITY COUNSELING SERVICES FOR YOUTH PROGRAM 53,000
    AID IN MILAN
    89 WEST MAIN
    MILAN,MI48160     		NONE PUBLIC CHARITY WEEKEND FOOD PROGRAM 15,000
    HURLEY FOUNDATION
    ONE HURLEY PLAZA
    FLINT,MI48503     		NONE PUBLIC CHARITY PURCHASE OF NICU NEWBORN HEARING SCREENING EQUIPMENT 32,928
    LHAC-LEADERS ADVANCING HEALTHY COMMUNITIES
    5275 KENILWORTH ST
    DEARBORN,MI48126     		NONE PUBLIC CHARITY CAPITAL ROOF REPAIRS 58,250
    HENRY FORD HEALTH FOUNDATION
    1 FORD PLACE SUITE 5A
    DETROIT,MI48202     		NONE PUBLIC CHARITY NICU RENOVATIONS 84,180
    VOICES FOR CHILDREN ADVOCACY CENTER
    515 EAST ST
    FLINT,MI48503     		NONE PUBLIC CHARITY CAPITAL BUILDING IMPROVEMENTS 30,000
    GILDA'S CLUBS OF METRO DETROIT
    3517 ROCHESTER RD
    ROYAL OAK,MI48073     		NONE PUBLIC CHARITY CAPITAL IMROVEMENTS AT DETROIT LOCATION 75,000
    KID'S HEALTH CONNECTION
    3031 W GRAND BLVD SUITE 650
    DETROIT,MI48202     		NONE PUBLIC CHARITY LENA START PROGRAM 53,209
    CHIKAMING OPEN LANDS
    12291 RED ARROW HWY
    SAWYER,MI49125     		NONE PUBLIC CHARITY ELM VALLEY ROAD PRESERVE ACQUISITION 80,000
    SOUTHWEST MICHIGAN LAND CONSERVANCY
    8395 E MAIN ST
    GALESBURG,MI49503     		NONE PUBLIC CHARITY PORTER LEGAGACY DUNES ACQUISITION 75,000
    COOR INTERMEDIATE SCHOOL DISTRICT
    PO BOX 827
    ROSCOMMON,MI48653     		NONE PUBLIC CHARITY PURCHASE OF VISION SCREENING EQUIPMENT 15,756
    COMMUNITY HOUSING NETWORK
    55050 CORPORATE DR SUITE 300
    TROY,MI48098     		NONE PUBLIC CHARITY BUILDING RESILIENCY IN KIDS PROGRAM 15,000
    WOMENS RESOURCE CENTER OF GRAND TRAVERSE AREA
    302 S ELMWOOD SUITE 2
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 50,000
    HANDS ACROSS THE WATER
    781 AVIS DR SUITE 200
    ANN ARBOR,MI48108     		NONE PUBLIC CHARITY PARENT EDUCATION AND PREVENTION SERVICES PROGRAM 45,000
    COVENANT HOUSE MICHIGAN
    2959 MARTIN LUTHER KING JR BLVD
    DETROIT,MI48208     		NONE PUBLIC CHARITY STARTUP OF GRAND RAPIDS YOUNG WOMEN'S FLOOR 150,000
    MERCY EDUCATION PROJECT
    1450 HOWARD ST
    DETROIT,MI48216     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 6,500
    MECCA DEVELOPMENT CORP
    5901 CADIEUX RD
    DETROIT,MI48224     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 14,862
    ASCENSION ST JOHN FOUNDATION
    19251 MACK AVE SUITE 102
    GROSSE POINTE WOODS,MI48236     		NONE PUBLIC CHARITY CAPITAL RENOVATION OF PICU 250,000
    RUTH ELLIS CENTER
    77 VICTOR ST
    HIGHLAND PARK,MI48203     		NONE PUBLIC CHARITY CAPITAL EXPANSION OF HEALTH CENTER 100,000
    HURON PINES
    4241 OLD US 27 SOUTH SUITE 2
    GAYLORD,MI49735     		NONE PUBLIC CHARITY LAKE HURON COASTAL PROTECTION 180,000
    ST LOUIS CENTER
    16195 W OLD US HWY 12
    CHELSEA,MI48118     		NONE PUBLIC CHARITY TRAUMA INFORMED CARE PROGRAM TRAINING 20,000
    BAY CLIFF HEALTH COAMP
    PO BOX 310
    BIG BAY,MI49808     		NONE PUBLIC CHARITY CAPITAL RENOVATION OF SPEECH THERAPY CABIN 15,000
    CHILD AND FAMILY SERVICES OF NORTHWESTERN MI
    3785 VETERANS DR
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY CHILDREN'S TRAUMA ASSESSMENT AND TREATMENT CENTER 30,000
    HAVEN INC
    801 VANGUARD DR
    PONTIAC,MI48341     		NONE PUBLIC CHARITY CAPITAL EQUIPMENT PURCHASE AND CHILDREN'S PROGRAM SUPPORT 150,000
    MARY FREEBED REHABILITATION HOSPITAL
    235 WEALTHY ST SE
    GRAND RAPIDS,MI49503     		NONE PUBLIC CHARITY CAPITAL EQUIPMENT PURCHASE FOR CHILDREN'S THERAPY 67,500
    LIONS OF MICHGAN FOUNDATION
    5730 EXECUTIVE DR
    LANSING,MI48911     		NONE PUBLIC CHARITY HEARING AID PROGRAM 32,500
    NEW DAY FOUNDATION
    245 BARCLAY CIR
    ROCHESTER,MI48307     		NONE PUBLIC CHARITY FAMILY SUPPORT PROGRAM 100,000
    LIONS VISUALLY IMPAIRED YOURTH CAMP
    3409 N FIVE LAKES RD
    LAPEER,MI48446     		NONE PUBLIC CHARITY 2020 VIRTUAL CAMP SUPPORT 10,000
    HIGHER HOPES
    8898 COMMERCE ROAD SUITE 5C
    COMMERCE,MI48382     		NONE PUBLIC CHARITY MEAL KITS FOR FAMILIES PROGRAM 25,000
    LIGHTOUSE OF MICHIGAN
    46456 WOODWARD AVE
    PONTIAC,MI48342     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 20,000
    SAFEHOUSE CENTER
    4100 CLARK ROAD
    ANN ARBOR,MI48105     		NONE PUBLIC CHARITY FRESH START PROGRAM AND EMERGENCY COVID FUNDING 50,000
    GOOWILL INDUSTRIES OF NORTHERN MICHIGAN
    2279 SOUTH AIRPORT WEST
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 25,000
    TRAVERSE BAY CHILDREN'S ADVOCACY CENTER
    2000 CHARTWELL DR
    TRAVERSE CITY,MI49696     		NONE PUBLIC CHARITY CAPITAL EXPANSION 150,000
    RONALD MCDONALD HOUSE DETROIT
    4707 ST ANTOINE ST SUITE 200
    DETROIT,MI48201     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 10,000
    OAKLAND UNIVERSITY
    507 GOLF VIEW LN
    ROCHESTER,MI48309     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 10,000
    NORTH STAR REACH CAMP
    674 S WAGNER RD
    ANN ARBOR,MI48103     		NONE PUBLIC CHARITY CAPITAL EQUIPMENT FOR 2020 VIRTUAL CAMP 7,560
    MANISTEE COUNTY CHILDREN'S ADVOCACY CENTER
    PO BOX 594
    MANISTEE,MI49660     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 20,000
    DUCKS UNLIMITED INC
    ONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PUBLIC CHARITY PURCHASE OF EASMENT ON BAY CREEK FARMS 150,000
    RAINBOW CONNECTION
    621 W UNIVERSITY
    ROCHESTER,MI48307     		NONE PUBLIC CHARITY EXTERIOR CAPITAL IMPROVEMENTS 42,700
    MCREST-MACOMB COUNTY ROTATING EMERGENCY SHELTER TEAM
    20415 ERIN
    ROSEVILLE,MI48066     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS TO SHELTER 125,000
    LAND CONSERVANCY OF WEST MICHIGAN
    400 ANN ST NW
    GRAND RAPIDS,MI49504     		NONE PUBLIC CHARITY PURCHASE OF ADDITION TO FLOWER CREEK PRESERVE 25,000
    MATRIX HUMAN SERVICES
    1400 WOODBRIDGE
    DETROIT,MI48207     		NONE PUBLIC CHARITY FOOD FOR HEALTH PILOT PROGRAM 42,000
    LAND TRUST ALLIANCE
    1250 H STREET NW SUITE 600
    WASHINGTON,DC20005     		NONE PUBLIC CHARITY SUPPORT FOR MICHIGAN LAND CONSERVANCIES 100,000
    VISION TO LEARN
    12100 WILSHIRE BLVD AUTIE 1275
    LOS ANGELES,CA90025     		NONE PUBLIC CHARITY EYE EXAMS AND GLASSES FOR LANSING, MI SCHOOL DISTRICT CHILDREN 75,000
    HOPE NETWORK INC
    PO BOX 890
    GRAND RAPIDS,MI49518     		NONE PUBLIC CHARITY PURCHASE OF VANS FOR AUTISM THERAPY PROGRAM 140,000
    JUSTICE FOR OUR NEIGHBORDS (UNITED METHODIST CHURCH)
    222 CASS ST
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY CHILDREN AND YOUTH PROGRAM 40,000
    BOYS & GIRLS CLUB GREATER FLINT
    3701 N AVERILL AVE
    FLINT,MI48506     		NONE PUBLIC CHARITY GROWING GREAT FUTURES PROGRAM 25,000
    YMCA METROPOLITAN DETROIT
    1401 BROADWAY
    DETROIT,MI48226     		NONE PUBLIC CHARITY EARLY LEARNING CENTER ASSISTANCE PROGRAM 10,000
    SOS COMMUNITY SERVICES
    101 S HURON ST
    YPSILANTI,MI48197     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 25,000
    AUTISM ALLIANCE OF MICHIGAN
    30100 TELEGRAPH RD SUITE 250
    BINGHAM FARMS,MI48025     		NONE PUBLIC CHARITY WATCH ME GROW PILOT PROGRAM 100,000
    COUNCIL OF MICHIGAN FOUNDATIONS
    ONE SOUTH HARBOR DRIVE SUITE 8
    GRAND HAVEN,MI49417     		NONE PUBLIC CHARITY SUPPORT FOR OPERATIONS 11,600
    GRAND VALLEY STATE UNIVERSITY
    1049 ZUMBERGE HALL
    ALLENDALE,MI49401     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 5,000
    MICHIGAN STATE UNIVERSITY
    252 STUDENT SERVICES
    EAST LANSING,MI48824     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 10,000
    MICHIGAN TECHNOLOGICAL UNIVERSITY
    1400 TOWNSEND DRIVE
    HOUGHTON,MI49931     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 5,000
    UNIVERSITY OF MICHIGAN
    3011 STUDENT ACTIVITIES
    ANN ARBOR,MI48109     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 20,000
    MUNSON HEALTHCARE FOUNDATION
    1150 MEDICAL CAMPUS DRIVE
    TRAVERSE CITY,MI49684     		NONE CHARITY NICU CAPITAL CAMPAIGN 600,000
    GRAND TRAVERSE REGIONAL LAND CONSERVANCY
    3860 N LONG LAKE ROAD STE D
    TRAVERSE CITY,MI49684     		NONE CHARITY LOVE THE LAND CAMPAIGN TO PRESERVE NATURAL AREAS AND FARMLANDS 450,000
    LEGACY LAND CONSERVANCY
    6276 JACKSON ROAD STE G
    ANN ARBOR,MI48103     		NONE CHARITY PURCHASE OF EASEMENTS FOR LAND PRESERVATION IN WASHTENAW AND JACKSON COUNTIES, MI 337,000
    THUMB LAND CONSERVANCY
    4975 MAPLE VALLEY ROAD
    MARLETTE,MI48453     		NONE CHARITY PURCHASE AND PRESERVATION OF 42-ACRE PARCEL IN ST. CLAIR COUNTY 150,000
    SIX RIVERS LAND CONSERVANCY
    PO BOX 80902 4480 ORION ROAD
    ROCHESTER,MI48308     		NONE CHARITY CAPACITY BUILDING TROUGH INCREASED STEWARDSHIP STAFF 100,000
    LEELANAU CONSERVANCY
    PO BOX 1007
    LELAND,MI49654     		NONE CHARITY PURCHASE AND PROTECTION OF PALMER WOODS 1000-ACRE PROJECT 250,000
    Total .................................bullet 3a 5,214,545
    bApproved for future payment
    THE NATURE CONSERVANCY
    101 EAST CESAR CHAVEZ
    LANSING,MI48906     		NONE CHARITY PURCHASE AND PROTECTION OF MICHIGAMME HIGHLANDS PROPERTY FOR PRESERVATION 500,000
    THE NATURE CONSERVANCY
    101 EAST CESAR CHAVEZ
    LANSING,MI48906     		NONE CHARITY PURCHASE AND PROTECTION OF NORTHPOINT PROPERTY 1,500,000
    MUNSON HEALTHCARE FOUNDATION
    1150 MEDICAL CAMPUS DRIVE
    TRAVERSE CITY,MI49684     		NONE CHARITY NICU CAPITAL CAMPAIGN 1,800,000
    GRAND TRAVERSE REGIONAL LAND CONSERVANCY
    3860 N LONG LAKE ROAD STE D
    TRAVERSE CITY,MI49684     		NONE CHARITY LOVE THE LAND CAMPAIGN TO PRESERVE NATURAL AREAS AND FARMLANDS 1,200,000
    SOUTHWEST MICHIGAN LAND CONSERVANCY
    8395 EAST MAIN STREET
    GALESBURG,MI49053     		NONE CHARITY PURCHASE AND PROTECTION OF LAKE MICHIGAN SHORELINE PROPERTY FOR CHERRY BEACH TWP PARK 250,000
    FORGOTTEN HARVEST
    21800 GREENFIELD ROAD
    OAK PARK,MI48237     		NONE CHARITY ACQUISITION AND CONSTRUCTION OF A NEW WAREHOUSE 500,000
    SIX RIVERS REGIONAL AND CONSERVANCY
    PO BOX 80902
    ROCHESTER,MI48308     		NONE CHARITY PURCHASE AND PROTECTION OF PARCELS FOR THE EXPANSION OF ANCHOR BAY WOODS PRESERVE 200,000
    KEWEENAW NATURAL AREAS
    PO BOX 124
    CALUMET,MI49913     		NONE CHARITY PURCHASE AND PRESERVATION OF PARCEL ON LAKE SUPERIOR IN KEWEENAW COUNTY 252,000
    LEELANAU CONSERVANCY
    PO BOX 1007
    LELAND,MI49654     		NONE CHARITY PURCHASE AND PROTECTION OF PALMER WOODS 1000-ACRE PROJECT 250,000
    CHILDREN'S HEALING CENTER
    1530 FULTON SREETT EAST
    GRAND RAPIDS,MI49503     		NONE CHARITY CAPITAL EXPANSION IN SOUTHEAST MICHIGAN 200,000
    MICHIGAN NATURE ASSOCIATION
    2310 SCIENCE PKWY SUITE 100
    OKEMOS,MI48864     		NONE CHARITY EXPANSION OF BIG VALLEY NATURE SANCTUARY 55,000
    ASCENSION ST JOHN FOUNDATION
    19251 MACK AVE SUITE 102
    GROSSE POINTE WOODS,MI48236     		NONE CHARITY CAPITAL RENOVATION PICU 750,000
    LITTLE TRAVERSE CONSERVANCY
    3264 POWELL ROAD
    HARBOR SPRINGS,MI49740     		NONE CHARITY PURCHASE AND PRESERVATION OF CUBE POINT 100,000
    Total .................................bullet 3b 7,557,000
    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 ...........     		         
    4 Dividends and interest from securities....     14 3,045,787  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 5,885,029  
    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 8,930,816 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,930,816
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    Form 990PF Part XV Line 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
    COURT APPOINTED SPECIAL ADVOCATES OF SOUTHWEST MICHIGANPO BOX 1146
    BENTON HARBOR,MI49023     		NONE PUBLIC CHARITY COURT APPOINTED SPECIAL ADVOCATE PROGRAM 25,000
    BENZIE AREA CHRISTIAN NEIGHBORSPO BOX 93
    BENZONIA,MI49616     		NONE PUBLIC CHARITY CAPITAL CONSTRUCTION OF NEW FACILITY 150,000
    SPECIAL NEEDS VISON CLINIC3660 SOUTHFIELD DR
    SAGINAW,MI48601     		NONE PUBLIC CHARITY VISION SERVICES FOR THOSE WITH DISABILITIES 25,000
    SAFE HARBOR CHILDREN'S ADVOCACY CENTER402 TROWBRIDGE ST
    ALLEGAN,MI49010     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 50,000
    COMMON GROUND1410 S TELEGRAPH RD
    BLOOMFIELD HILLS,MI48302     		NONE PUBLIC CHARITY COUNSELING SERVICES FOR YOUTH PROGRAM 53,000
    AID IN MILAN89 WEST MAIN
    MILAN,MI48160     		NONE PUBLIC CHARITY WEEKEND FOOD PROGRAM 15,000
    HURLEY FOUNDATIONONE HURLEY PLAZA
    FLINT,MI48503     		NONE PUBLIC CHARITY PURCHASE OF NICU NEWBORN HEARING SCREENING EQUIPMENT 32,928
    LHAC-LEADERS ADVANCING HEALTHY COMMUNITIES5275 KENILWORTH ST
    DEARBORN,MI48126     		NONE PUBLIC CHARITY CAPITAL ROOF REPAIRS 58,250
    HENRY FORD HEALTH FOUNDATION1 FORD PLACE SUITE 5A
    DETROIT,MI48202     		NONE PUBLIC CHARITY NICU RENOVATIONS 84,180
    VOICES FOR CHILDREN ADVOCACY CENTER515 EAST ST
    FLINT,MI48503     		NONE PUBLIC CHARITY CAPITAL BUILDING IMPROVEMENTS 30,000
    GILDA'S CLUBS OF METRO DETROIT3517 ROCHESTER RD
    ROYAL OAK,MI48073     		NONE PUBLIC CHARITY CAPITAL IMROVEMENTS AT DETROIT LOCATION 75,000
    KID'S HEALTH CONNECTION3031 W GRAND BLVD SUITE 650
    DETROIT,MI48202     		NONE PUBLIC CHARITY LENA START PROGRAM 53,209
    CHIKAMING OPEN LANDS12291 RED ARROW HWY
    SAWYER,MI49125     		NONE PUBLIC CHARITY ELM VALLEY ROAD PRESERVE ACQUISITION 80,000
    SOUTHWEST MICHIGAN LAND CONSERVANCY8395 E MAIN ST
    GALESBURG,MI49503     		NONE PUBLIC CHARITY PORTER LEGAGACY DUNES ACQUISITION 75,000
    COOR INTERMEDIATE SCHOOL DISTRICTPO BOX 827
    ROSCOMMON,MI48653     		NONE PUBLIC CHARITY PURCHASE OF VISION SCREENING EQUIPMENT 15,756
    COMMUNITY HOUSING NETWORK55050 CORPORATE DR SUITE 300
    TROY,MI48098     		NONE PUBLIC CHARITY BUILDING RESILIENCY IN KIDS PROGRAM 15,000
    WOMENS RESOURCE CENTER OF GRAND TRAVERSE AREA302 S ELMWOOD SUITE 2
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 50,000
    HANDS ACROSS THE WATER781 AVIS DR SUITE 200
    ANN ARBOR,MI48108     		NONE PUBLIC CHARITY PARENT EDUCATION AND PREVENTION SERVICES PROGRAM 45,000
    COVENANT HOUSE MICHIGAN2959 MARTIN LUTHER KING JR BLVD
    DETROIT,MI48208     		NONE PUBLIC CHARITY STARTUP OF GRAND RAPIDS YOUNG WOMEN'S FLOOR 150,000
    MERCY EDUCATION PROJECT1450 HOWARD ST
    DETROIT,MI48216     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 6,500
    MECCA DEVELOPMENT CORP5901 CADIEUX RD
    DETROIT,MI48224     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS 14,862
    ASCENSION ST JOHN FOUNDATION19251 MACK AVE SUITE 102
    GROSSE POINTE WOODS,MI48236     		NONE PUBLIC CHARITY CAPITAL RENOVATION OF PICU 250,000
    RUTH ELLIS CENTER77 VICTOR ST
    HIGHLAND PARK,MI48203     		NONE PUBLIC CHARITY CAPITAL EXPANSION OF HEALTH CENTER 100,000
    HURON PINES4241 OLD US 27 SOUTH SUITE 2
    GAYLORD,MI49735     		NONE PUBLIC CHARITY LAKE HURON COASTAL PROTECTION 180,000
    ST LOUIS CENTER16195 W OLD US HWY 12
    CHELSEA,MI48118     		NONE PUBLIC CHARITY TRAUMA INFORMED CARE PROGRAM TRAINING 20,000
    BAY CLIFF HEALTH COAMPPO BOX 310
    BIG BAY,MI49808     		NONE PUBLIC CHARITY CAPITAL RENOVATION OF SPEECH THERAPY CABIN 15,000
    CHILD AND FAMILY SERVICES OF NORTHWESTERN MI3785 VETERANS DR
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY CHILDREN'S TRAUMA ASSESSMENT AND TREATMENT CENTER 30,000
    HAVEN INC801 VANGUARD DR
    PONTIAC,MI48341     		NONE PUBLIC CHARITY CAPITAL EQUIPMENT PURCHASE AND CHILDREN'S PROGRAM SUPPORT 150,000
    MARY FREEBED REHABILITATION HOSPITAL235 WEALTHY ST SE
    GRAND RAPIDS,MI49503     		NONE PUBLIC CHARITY CAPITAL EQUIPMENT PURCHASE FOR CHILDREN'S THERAPY 67,500
    LIONS OF MICHGAN FOUNDATION5730 EXECUTIVE DR
    LANSING,MI48911     		NONE PUBLIC CHARITY HEARING AID PROGRAM 32,500
    NEW DAY FOUNDATION245 BARCLAY CIR
    ROCHESTER,MI48307     		NONE PUBLIC CHARITY FAMILY SUPPORT PROGRAM 100,000
    LIONS VISUALLY IMPAIRED YOURTH CAMP3409 N FIVE LAKES RD
    LAPEER,MI48446     		NONE PUBLIC CHARITY 2020 VIRTUAL CAMP SUPPORT 10,000
    HIGHER HOPES8898 COMMERCE ROAD SUITE 5C
    COMMERCE,MI48382     		NONE PUBLIC CHARITY MEAL KITS FOR FAMILIES PROGRAM 25,000
    LIGHTOUSE OF MICHIGAN46456 WOODWARD AVE
    PONTIAC,MI48342     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 20,000
    SAFEHOUSE CENTER4100 CLARK ROAD
    ANN ARBOR,MI48105     		NONE PUBLIC CHARITY FRESH START PROGRAM AND EMERGENCY COVID FUNDING 50,000
    GOOWILL INDUSTRIES OF NORTHERN MICHIGAN2279 SOUTH AIRPORT WEST
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 25,000
    TRAVERSE BAY CHILDREN'S ADVOCACY CENTER2000 CHARTWELL DR
    TRAVERSE CITY,MI49696     		NONE PUBLIC CHARITY CAPITAL EXPANSION 150,000
    RONALD MCDONALD HOUSE DETROIT4707 ST ANTOINE ST SUITE 200
    DETROIT,MI48201     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 10,000
    OAKLAND UNIVERSITY507 GOLF VIEW LN
    ROCHESTER,MI48309     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 10,000
    NORTH STAR REACH CAMP674 S WAGNER RD
    ANN ARBOR,MI48103     		NONE PUBLIC CHARITY CAPITAL EQUIPMENT FOR 2020 VIRTUAL CAMP 7,560
    MANISTEE COUNTY CHILDREN'S ADVOCACY CENTERPO BOX 594
    MANISTEE,MI49660     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 20,000
    DUCKS UNLIMITED INCONE WATERFOWL WAY
    MEMPHIS,TN38120     		NONE PUBLIC CHARITY PURCHASE OF EASMENT ON BAY CREEK FARMS 150,000
    RAINBOW CONNECTION621 W UNIVERSITY
    ROCHESTER,MI48307     		NONE PUBLIC CHARITY EXTERIOR CAPITAL IMPROVEMENTS 42,700
    MCREST-MACOMB COUNTY ROTATING EMERGENCY SHELTER TEAM20415 ERIN
    ROSEVILLE,MI48066     		NONE PUBLIC CHARITY CAPITAL IMPROVEMENTS TO SHELTER 125,000
    LAND CONSERVANCY OF WEST MICHIGAN400 ANN ST NW
    GRAND RAPIDS,MI49504     		NONE PUBLIC CHARITY PURCHASE OF ADDITION TO FLOWER CREEK PRESERVE 25,000
    MATRIX HUMAN SERVICES1400 WOODBRIDGE
    DETROIT,MI48207     		NONE PUBLIC CHARITY FOOD FOR HEALTH PILOT PROGRAM 42,000
    LAND TRUST ALLIANCE1250 H STREET NW SUITE 600
    WASHINGTON,DC20005     		NONE PUBLIC CHARITY SUPPORT FOR MICHIGAN LAND CONSERVANCIES 100,000
    VISION TO LEARN12100 WILSHIRE BLVD AUTIE 1275
    LOS ANGELES,CA90025     		NONE PUBLIC CHARITY EYE EXAMS AND GLASSES FOR LANSING, MI SCHOOL DISTRICT CHILDREN 75,000
    HOPE NETWORK INCPO BOX 890
    GRAND RAPIDS,MI49518     		NONE PUBLIC CHARITY PURCHASE OF VANS FOR AUTISM THERAPY PROGRAM 140,000
    JUSTICE FOR OUR NEIGHBORDS (UNITED METHODIST CHURCH)222 CASS ST
    TRAVERSE CITY,MI49684     		NONE PUBLIC CHARITY CHILDREN AND YOUTH PROGRAM 40,000
    BOYS & GIRLS CLUB GREATER FLINT3701 N AVERILL AVE
    FLINT,MI48506     		NONE PUBLIC CHARITY GROWING GREAT FUTURES PROGRAM 25,000
    YMCA METROPOLITAN DETROIT1401 BROADWAY
    DETROIT,MI48226     		NONE PUBLIC CHARITY EARLY LEARNING CENTER ASSISTANCE PROGRAM 10,000
    SOS COMMUNITY SERVICES101 S HURON ST
    YPSILANTI,MI48197     		NONE PUBLIC CHARITY EMERGENCY COVID FUNDING 25,000
    AUTISM ALLIANCE OF MICHIGAN30100 TELEGRAPH RD SUITE 250
    BINGHAM FARMS,MI48025     		NONE PUBLIC CHARITY WATCH ME GROW PILOT PROGRAM 100,000
    COUNCIL OF MICHIGAN FOUNDATIONSONE SOUTH HARBOR DRIVE SUITE 8
    GRAND HAVEN,MI49417     		NONE PUBLIC CHARITY SUPPORT FOR OPERATIONS 11,600
    GRAND VALLEY STATE UNIVERSITY1049 ZUMBERGE HALL
    ALLENDALE,MI49401     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 5,000
    MICHIGAN STATE UNIVERSITY252 STUDENT SERVICES
    EAST LANSING,MI48824     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 10,000
    MICHIGAN TECHNOLOGICAL UNIVERSITY1400 TOWNSEND DRIVE
    HOUGHTON,MI49931     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 5,000
    UNIVERSITY OF MICHIGAN3011 STUDENT ACTIVITIES
    ANN ARBOR,MI48109     		NONE PUBLIC CHARITY ANNUAL MERIT & FINANCIAL NEEDS FOR CARLS SCHOLARSHIP STUDENTS 20,000
    MUNSON HEALTHCARE FOUNDATION1150 MEDICAL CAMPUS DRIVE
    TRAVERSE CITY,MI49684     		NONE CHARITY NICU CAPITAL CAMPAIGN 600,000
    GRAND TRAVERSE REGIONAL LAND CONSERVANCY3860 N LONG LAKE ROAD STE D
    TRAVERSE CITY,MI49684     		NONE CHARITY LOVE THE LAND CAMPAIGN TO PRESERVE NATURAL AREAS AND FARMLANDS 450,000
    LEGACY LAND CONSERVANCY6276 JACKSON ROAD STE G
    ANN ARBOR,MI48103     		NONE CHARITY PURCHASE OF EASEMENTS FOR LAND PRESERVATION IN WASHTENAW AND JACKSON COUNTIES, MI 337,000
    THUMB LAND CONSERVANCY4975 MAPLE VALLEY ROAD
    MARLETTE,MI48453     		NONE CHARITY PURCHASE AND PRESERVATION OF 42-ACRE PARCEL IN ST. CLAIR COUNTY 150,000
    SIX RIVERS LAND CONSERVANCYPO BOX 80902 4480 ORION ROAD
    ROCHESTER,MI48308     		NONE CHARITY CAPACITY BUILDING TROUGH INCREASED STEWARDSHIP STAFF 100,000
    LEELANAU CONSERVANCYPO BOX 1007
    LELAND,MI49654     		NONE CHARITY PURCHASE AND PROTECTION OF PALMER WOODS 1000-ACRE PROJECT 250,000
    Total ...............................bullet 3a 5,214,545
    bApproved for future payment
    THE NATURE CONSERVANCY101 EAST CESAR CHAVEZ
    LANSING,MI48906     		NONE CHARITY PURCHASE AND PROTECTION OF MICHIGAMME HIGHLANDS PROPERTY FOR PRESERVATION 500,000
    THE NATURE CONSERVANCY101 EAST CESAR CHAVEZ
    LANSING,MI48906     		NONE CHARITY PURCHASE AND PROTECTION OF NORTHPOINT PROPERTY 1,500,000
    MUNSON HEALTHCARE FOUNDATION1150 MEDICAL CAMPUS DRIVE
    TRAVERSE CITY,MI49684     		NONE CHARITY NICU CAPITAL CAMPAIGN 1,800,000
    GRAND TRAVERSE REGIONAL LAND CONSERVANCY3860 N LONG LAKE ROAD STE D
    TRAVERSE CITY,MI49684     		NONE CHARITY LOVE THE LAND CAMPAIGN TO PRESERVE NATURAL AREAS AND FARMLANDS 1,200,000
    SOUTHWEST MICHIGAN LAND CONSERVANCY8395 EAST MAIN STREET
    GALESBURG,MI49053     		NONE CHARITY PURCHASE AND PROTECTION OF LAKE MICHIGAN SHORELINE PROPERTY FOR CHERRY BEACH TWP PARK 250,000
    FORGOTTEN HARVEST21800 GREENFIELD ROAD
    OAK PARK,MI48237     		NONE CHARITY ACQUISITION AND CONSTRUCTION OF A NEW WAREHOUSE 500,000
    SIX RIVERS REGIONAL AND CONSERVANCYPO BOX 80902
    ROCHESTER,MI48308     		NONE CHARITY PURCHASE AND PROTECTION OF PARCELS FOR THE EXPANSION OF ANCHOR BAY WOODS PRESERVE 200,000
    KEWEENAW NATURAL AREASPO BOX 124
    CALUMET,MI49913     		NONE CHARITY PURCHASE AND PRESERVATION OF PARCEL ON LAKE SUPERIOR IN KEWEENAW COUNTY 252,000
    LEELANAU CONSERVANCYPO BOX 1007
    LELAND,MI49654     		NONE CHARITY PURCHASE AND PROTECTION OF PALMER WOODS 1000-ACRE PROJECT 250,000
    CHILDREN'S HEALING CENTER1530 FULTON SREETT EAST
    GRAND RAPIDS,MI49503     		NONE CHARITY CAPITAL EXPANSION IN SOUTHEAST MICHIGAN 200,000
    MICHIGAN NATURE ASSOCIATION2310 SCIENCE PKWY SUITE 100
    OKEMOS,MI48864     		NONE CHARITY EXPANSION OF BIG VALLEY NATURE SANCTUARY 55,000
    ASCENSION ST JOHN FOUNDATION19251 MACK AVE SUITE 102
    GROSSE POINTE WOODS,MI48236     		NONE CHARITY CAPITAL RENOVATION PICU 750,000
    LITTLE TRAVERSE CONSERVANCY3264 POWELL ROAD
    HARBOR SPRINGS,MI49740     		NONE CHARITY PURCHASE AND PRESERVATION OF CUBE POINT 100,000
    Total ................................bullet 3b 7,557,000

    TY 2020 AccountingFeesSchedule
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AUDIT AND TAX PREPARATION FEES 28,000 9,333   18,667

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VARIOUS COROPRATE BONDS 11,711,052 12,425,739

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VARIOUS CORPORATE STOCKS 73,205,922 105,488,127

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    US Government Securities - End of Year Book Value:

    8,739,943
    US Government Securities - End of Year Fair Market Value:

    8,914,120
    State & Local Government Securities - End of Year Book Value:


    0
    State & Local Government Securities - End of Year Fair Market Value:


    0


    TY 2020 InvestmentsOtherSchedule2
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VARIOUS ALTERNATIVE INVESTMENTS AT COST 15,063,644 15,431,143

    TY 2020 LandEtcSchedule2
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COMPUTER EQUIPMENT 40,318 37,315 3,003 3,003
    COMPUTER SOFTWARE 3,044 3,044 0  
    FURNITURE AND FIXTURES 24,046 24,046 0  
    OFFICE EQUIPMENT 16,661 16,661 0  


    TY 2020 OtherExpensesSchedule
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 1,288 0   1,288
    TELEPHONE EXPENSE 2,679 0   2,679
    EQUIPMENT RENTAL 1,558 0   1,558
    BUSINESS INSURANCE 12,252 0   12,252
    BUSINESS EXPENSES 115 0   115
    PAYROLL SERVICE FEES 9,222 0   9,222
    COMPUTER CONSULTING 6,471 0   6,471
    INTERNET EXPENSE 4,574 0   4,574
    POSTAGE 323 0   323
    BANK SERVICE CHARGES 110 0   110


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 556,104 556,104   0


    TY 2020 TaxesSchedule
    Name:
    THE CARLS FOUNDATION
    EIN:
    38-6099935
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 18,888 0   18,888
    EXCISE TAXES 22,000 0   0