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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
Name of foundation
CHARLES STEWART HARDING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)111 EAST COURT STREET 3D
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FLINT, MI485021649
A Employer identification number

38-6081208
B Telephone number (see instructions)

(810) 767-0136
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$14,496,171J 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... 331,461 331,461  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 802,984
b Gross sales price for all assets on line 6a 2,920,255
7 Capital gain net income (from Part IV, line 2)... 802,984
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........ 1,134,445 1,134,445  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 23,100 16,350   6,750
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,809 3,809   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 18,436 18,416   20
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 45,345 38,575   6,770
25 Contributions, gifts, grants paid....... 710,000 710,000
26 Total expenses and disbursements. Add lines 24 and 25 755,345 38,575   716,770
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 379,100
b Net investment income (if negative, enter -0-) 1,095,870
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 1 178,939 178,939
2 Savings and temporary cash investments......... 406,167 209,367 209,367
3 Accounts receivable bullet7,749
Less: allowance for doubtful accounts bullet   6,149 7,749 7,749
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)....... 12,483,618 Click to see attachment10,061,035 10,061,035
c Investments—corporate bonds (attach schedule)....... 1,622,177 Click to see attachment1,443,417 1,443,417
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 2,039,725 Click to see attachment2,595,664 2,595,664
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) 16,557,837 14,496,171 14,496,171
Liabilities 17 Accounts payable and accrued expenses.......... 50,800 50,800
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment4,504 Click to see attachment4,504
23 Total liabilities (add lines 17 through 22)......... 55,304 55,304
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........ 5,045,559 5,045,559
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 11,456,974 9,395,308
29 Total net assets or fund balances (see instructions)..... 16,502,533 14,440,867
30 Total liabilities and net assets/fund balances (see instructions). 16,557,837 14,496,171
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
16,502,533
2
Enter amount from Part I, line 27a .....................
2
379,100
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,881,633
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
2,440,766
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
14,440,867
Form 990-PF (2021)
Form 990-PF (2021)
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 CROSSLINK VENTURES VI, LP JV STMT P   2021-12-31
b DRAPER FISHER JURVETSON GROWTH 2006 FUND LP JV STMT P   2021-12-31
c DRAPER FISHER JURVETSON GROWTH 2006 FUND LP JV STMT P   2021-12-31
d DFJ GROWTH III, LP K1 P   2021-12-31
e MFO D&D SMID CAP VALUE FUND JV STMT P   2021-12-31
MFO D&D SMID CAP VALUE FUND JV STMT P   2021-12-31
MFO TOWLE FUND JV STMT P   2021-12-31
MFO TOWLE FUND JV STMT P   2021-12-31
MFO WESTFIELD FUND B JV STMT P   2021-12-31
MFO WESTFIELD FUND B JV STMT P   2021-12-31
161400 SHS VANGUARD FEDERAL MONEY MARKET FUND P 2016-09-08 2022-06-24
24295.966 SHS BLACKROCK TOTAL RETURN FUND P 2019-12-04 2022-05-16
21026.072 SHS BLACKROCK TOTAL RETURN FUND P 2021-03-11 2022-05-16
700 SHS SIX FLAGS ENTERTAINMENT CORP P 2020-05-21 2021-09-08
500 SHS TJX COS INC NEW P 2014-09-04 2021-09-27
500 SHS TJX COS INC NEW P 2014-09-04 2021-10-05
2800 SHS AT&T INC P 2021-03-16 2021-10-21
340 SHS WYNDHAM HOTELS & RESORTS INC P 2020-05-21 2022-02-24
200 SHS EXPEDIA INC P 2020-05-21 2022-02-24
1 SHS WARNER BROS DISCOVERY INC P 2021-12-01 2022-04-18
600 SHS STARBUCKS CORP P 2022-01-26 2022-05-09
350 SHS STARBUCKS CORP P 2020-01-29 2022-05-09
130 SHS FIRST AMERICAN FINANCIAL CORPORATION P 2021-09-30 2022-05-09
570 SHS FIRST AMERICAN FINANCIAL CORPORATION P 2021-09-29 2022-05-09
321 SHS WARNER BROS DISCOVERY INC P 2022-01-05 2022-06-16
380 SHS WARNER BROS DISCOVERY INC P 2021-12-01 2022-06-16
135 SHS META PLATFORMS INC P 2022-02-25 2022-06-16
150 SHS META PLATFORMS INC P 2020-01-30 2022-06-16
100 SHS META PLATFORMS INC P 2020-02-24 2022-06-16
1091.013 SHS VANGUARD 500 INDEX FUND P 2013-08-22 2022-06-22
488.385 SHS VANGUARD SMALL CAP INDEX P 2017-07-11 2021-09-28
451.995 SHS VANGUARD SMALL CAP INDEX P 2017-04-28 2021-09-28
29190 SHS DRAPER FISHER JURVETSON GROWTH FUND LP P 2011-12-31 2021-07-01
170 SHS UNITY SOFTWARE INC P 2018-06-13 2021-09-09
43 SHS UNITY SOFTWARE INC P 2018-06-13 2021-11-09
32 SHS UNITY SOFTWARE INC P 2018-06-13 2021-11-11
CAPITAL GAINS DIVIDENDS P    
(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 289     289
b 5     5
c 255     255
d 920     920
e 107,135   104,538 2,597
301,192   170,144 131,048
91,669   83,164 8,505
392,944   205,178 187,766
75,115   65,561 9,554
280,623   156,650 123,973
161,400   161,400 0
255,351   289,608 -34,257
220,984   250,000 -29,016
27,982   16,180 11,802
35,665   15,305 20,360
32,543   15,305 17,238
71,913   83,899 -11,986
28,122   15,892 12,230
37,389   15,623 21,766
14   13 1
44,468   58,517 -14,049
25,939   30,147 -4,208
7,906   8,847 -941
34,663   38,552 -3,889
4,350   8,577 -4,227
5,163   8,767 -3,604
21,746   28,085 -6,339
24,163   31,274 -7,111
16,108   19,932 -3,824
380,000   167,143 212,857
51,935   31,662 20,273
48,065   29,113 18,952
36,919   5,235 31,684
22,970   2,054 20,916
7,413   519 6,894
6,026   387 5,639
60,911     60,911
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       289
b       5
c       255
d       920
e       2,597
      131,048
      8,505
      187,766
      9,554
      123,973
      0
      -34,257
      -29,016
      11,802
      20,360
      17,238
      -11,986
      12,230
      21,766
      1
      -14,049
      -4,208
      -941
      -3,889
      -4,227
      -3,604
      -6,339
      -7,111
      -3,824
      212,857
      20,273
      18,952
      31,684
      20,916
      6,894
      5,639
      60,911
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 2 802,984
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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 15,233
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 15,233
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 3,894
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 18,894
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 3,661
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,661 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    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 (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletGREG M TAUNTON Telephone no.bullet (810) 767-0136

    Located atbullet111 EAST COURT STREET SUITE 3DFLINTMI ZIP+4bullet485021649
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
    Yes
     
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    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
     
     
    c
    .........bullet
    d
    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? .................
    5d
     
     
    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? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    CLAIRE MOTT WHITE DECEASED PRESIDENT & TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    C EDWARD WHITE JR SECRETARY & ASST TREASURER
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    WILLIAM S WHITE DECEASED TREASURER, V.P. & TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    PAULA M TURRENTINE TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    TIFFANY W LOVETT TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    RIDGWAY H WHITE TRUSTEE
    0.00     		0 0 0
    111 EAST COURT STREET SUITE 3D
    FLINT,MI485021649
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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 VIII-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 THE FOUNDATION DID NOT CONDUCT ANY DIRECT CHARITABLE ACTIVITIES AND DID NOT MAKE ANY PROGRAM RELATED INVESTMENTS. NO ALLOCATION OF ADMINISTRATIVE EXPENSES IS MADE OTHER THAN THE AMOUNT IN PART I, COLUMN D. 0
    2  
    3  
    4  
    Part VIII-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 SEE PART IX-A ABOVE. 0
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    13,767,130
    b
    Average of monthly cash balances.......................
    1b
    517,439
    c
    Fair market value of all other assets (see instructions)................
    1c
    2,303,557
    d
    Total (add lines 1a, b, and c).........................
    1d
    16,588,126
    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
    16,588,126
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    248,822
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    16,339,304
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    816,965
    Part X
    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 IX, line 6..................
    1
    816,965
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    15,233
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    15,233
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    801,732
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    801,732
    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 XII, line 1 ...
    7
    801,732
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 801,732
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 716,639
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 716,770
    a Applied to 2020, but not more than line 2a 716,639
    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 2021 distributable amount..... 131
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		801,601
    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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    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:
    TIMOTHY C SANFORD FAX 810-767-1207
    C/O MFO MANAGEMENT COMPANY 111 E
    COURT STREET SUITE 3D
    FLINT,MI485021649
    (810) 767-0136
    bThe form in which applications should be submitted and information and materials they should include:
    INITIAL SUBMISSION SHOULD BE IN THE FORM OF A LETTER EXPLAINING THE ORGANIZATION AND THE PURPOSE OF THE REQUEST.
    cAny submission deadlines:
    A FORMAL SUBMISSION DEADLINE HAS NOT BEEN ESTABLISHED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    THE FOUNDATION WAS FORMED TO MAKE CONTRIBUTIONS TO WORTHY ORGANIZATIONS, MAINLY CHARITABLE AND EDUCATIONAL, WHICH ARE QUALIFIED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE.
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    FLINT CHILDREN'S MUSEUM
    1602 UNIVERSITY AVENUE
    FLINT,MI48504     		NONE PC GENERAL OPERATING 10,000
    FLINT CULTURAL CENTER CORPORATION
    601 E SECOND STREET
    FLINT,MI48503     		NONE PC GENERAL OPERATING 25,000
    FLINT INSTITUTE OF ARTS
    1120 E KEARSLEY STREET
    FLINT,MI485031991     		NONE PC ART SCHOOL ENDOWMENT 100,000
    FLINT INSTITUTE OF MUSIC
    1025 E KEARSLEY STREET
    FLINT,MI48503     		NONE PC GENERAL OPERATING 50,000
    FLINT PUBLIC LIBRARY
    1026 E KEARSLEY STREET
    FLINT,MI48503     		NONE PC GENERAL OPERATING 50,000
    FLINT REPERTORY THEATRE
    1220 E KEARSLEY STREET
    FLINT,MI48503     		NONE PC GENERAL OPERATING 5,000
    GREATER FLINT ARTS COUNCIL
    816 S SAGINAW STREET
    FLINT,MI48502     		NONE PC GENERAL OPERATING 5,000
    ROBERT T LONGWAY PLANETARIUM
    1310 E KEARSLEY STREET
    FLINT,MI48503     		NONE PC GENERAL OPERATING 5,000
    THE BLESSING PROJECTS ORGANIZATION
    478 ELDEN STREET PMB146
    HERNDON,VA20170     		NONE PC GENERAL OPERATING 280,000
    YWCA OF GREATER FLINT
    801 S SAGINAW STREET
    FLINT,MI48502     		NONE PC GENERAL OPERATING 10,000
    FLINT INSTITUTE OF SCIENCE AND HISTORY
    1221 E KEARSLEY STREET
    FLINT,MI48503     		NONE PC SLOAN MUSEUM OF DISCOVERY BUILDING PROJECT 95,000
    THE CLARION PROJECT
    1856 N NOB HILL ROAD SUITE 210
    PLANTATION,FL33322     		NONE PC GENERAL OPERATING 75,000
    Total .................................bullet 3a 710,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 ....          
    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 ............     		    18 802,984  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,134,445 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,134,445
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MFO MANAGEMENT FEE 23,100 16,350   6,750

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Name of Bond End of Year Book Value End of Year Fair Market Value
    VANGUARD SHORT TERM INVESTMENT GRADE FUND, 74176.726 SHS 747,701 747,701
    VANGUARD HIGH YIELD CORPORATE FD, 44220.726 SHS. 225,083 225,083
    BLACKROCK LOW DURATION, 51831 SHS 470,633 470,633

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AT&T INC, 2900 SHS 60,784 60,784
    MICROSOFT CORPORATION, 150 SHS 38,525 38,525
    MFO - WESTFIELD FUND B, 14714.1099244 SHS 895,269 895,269
    VISA INC, 350 SHS 68,912 68,912
    VERIZON COMMUNICATIONS INC, 750 SHS 38,063 38,063
    VANGUARD SMALL CAP INDEX, 3429 SHS 289,441 289,441
    VANGUARD REIT INDEX FUND, 7328 SHS 945,660 945,660
    VANGUARD GLOBAL CAPITAL CYCLES FUND, 21818.607 SHS 233,677 233,677
    VANGUARD EMERGING MARKETS STOCK INDEX, 23526.944 SHS 813,091 813,091
    VANGUARD DEVELOPED MARKETS INDEX, 88488.867 SHS 1,157,434 1,157,434
    MFO - D&D SMID CAP VALUE FUND, 506434.4091696 SHS 924,555 924,555
    VANGUARD 500 INDEX FUND, 3718 SHS 1,298,802 1,298,802
    WASTE MANAGEMENT INC, 600 SHS 91,788 91,788
    RAYTHEON TECHNOLOGIES CORP, 685 SHS 65,835 65,835
    QUALCOMM INCORPORATED, 650 SHS 83,031 83,031
    PERSHING SQUARE HOLDINGS LTD, 15650 SHS 464,023 464,023
    PEPSICO INC. 400 SHS 66,664 66,664
    PAYPAL HOLDINGS INC, 940 SHS 65,650 65,650
    NORFOLK SOUTHERN CORP, 250 SHS 56,823 56,823
    NIKE INC, 525 SHS 53,655 53,655
    VANECK VECTORS GOLD MINERS ETF, 3400 SHS 93,092 93,092
    APPLE INC, 760 SHS 103,907 103,907
    ALPHABET INC/CA-CL C, 30 SHS 65,624 65,624
    BLACKROCK INC, 125 SHS 76,130 76,130
    LOWES COMPANIES INC, 400 SHS 69,868 69,868
    KKR & CO INC, 1850 SHS 85,637 85,637
    JP MORGAN CHASE & CO, 350 SHS 39,414 39,414
    NEXTERA ENERGY PARTNERS LP, 1700 SHS 126,072 126,072
    DISNEY (WALT) CO, 300 SHS 28,320 28,320
    HOME DEPOT INC, 200 SHS 54,854 54,854
    CROWN CASTLE REIT INC, 450 SHS 75,771 75,771
    MFO - TOWLE FUND, 105174.9005951 SHS 988,814 988,814
    COCA-COLA COMPANY, 1050 SHS 66,056 66,056
    CME GROUP INC, 250 SHS 51,175 51,175
    CISCO SYSTEMS INC, 1000 SHS 42,640 42,640
    CBOE GLOBAL MARKETS INC, 650 SHS 73,574 73,574
    BLACKSTONE GROUP INC, 900 SHS 82,107 82,107
    CLEARWAY ENERGY INC, 2200 SHS 70,973 70,973
    LAUDER ESTEE COS INC, 290 SHS 73,854 73,854
    STARWOOD PROPERTY TRUST INC, 3900 SHS 81,471 81,471

    TY 2021 InvestmentsOtherSchedule2
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    DRAPER FISHER JURVETSON GROWTH FUND 2006 LP FMV 435,621 435,621
    UNITY SOFTWARE INC, 289 SHS FMV 10,641 10,641
    OTTER CREEK LONG/SHORT OPPORTUNITY FUND 45275.106 SHS FMV 622,533 622,533
    INVENOMIC FUND INST CLASS, 45662 SHS FMV 1,247,186 1,247,186
    DFJ GROWTH III, LP FMV 244,077 244,077
    CROSSLINK VI VENTURE FUND FMV 35,606 35,606

    TY 2021 OtherDecreasesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Description Amount
    UNREALIZED GAIN/LOSSES 2,440,766


    TY 2021 OtherExpensesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CROSSLINK VENTURES VI K-1 184 184   0
    DFJ GROWTH III K-1 4,088 4,088   0
    DRAPER FISHER JURVETSON GROWTH FUND 2006 K-1 141 141   0
    MFO D&D SMID CAP VALUE FUND JOINT VENTURE STMT 5,797 5,797   0
    MFO TOWLE FUND JOINT VENTURE STMT 5,075 5,075   0
    MFO WESTFIELD FUND B JOINT VENTURE STMT 3,131 3,131   0
    STATE OF MICHIGAN ANNUAL FILING FEE 20 0   20


    TY 2021 OtherLiabilitiesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Description Beginning of Year - Book Value End of Year - Book Value
    CAPITAL COMMITMENT - CROSSLINK VI 4,504 4,504


    TY 2021 TaxesSchedule
    Name:
    CHARLES STEWART HARDING FOUNDATION
    EIN:
    38-6081208
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD 3,783 3,783   0
    FOREIGN TAXES FROM MFO TOWLE FUND 10 10   0
    FOREIGN TAXES FROM MFO WESTFIELD FUND B 16 16   0