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 01-01-2021 , and ending 12-31-2021
Name of foundation
JAMES M & LOUISE C ROCHE FOUNDATION
C/O DOUGLAS D ROCHE
Number and street (or P.O. box number if mail is not delivered to street address)500 WOODWARD AVE SUITE 4000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI482263425
A Employer identification number

38-6069143
B Telephone number (see instructions)

(313) 223-3500
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$1,160,205J 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 4  
4 Dividends and interest from securities... 24,625 24,378  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 67,589
b Gross sales price for all assets on line 6a 221,271
7 Capital gain net income (from Part IV, line 2)... 67,589
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)....... Click to see attachment 20 20  
12 Total. Add lines 1 through 11........ 92,238 91,991  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 15,700 3,925   11,775
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 16,772 16,772   0
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 3,273 3,273   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 10,996 10,996   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 46,741 34,966   11,775
25 Contributions, gifts, grants paid....... 33,000 33,000
26 Total expenses and disbursements. Add lines 24 and 25 79,741 34,966   44,775
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,497
b Net investment income (if negative, enter -0-) 57,025
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............. 48,785 54,361 54,361
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 762,029 Click to see attachment768,950 1,105,844
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 810,814 823,311 1,160,205
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........ 601,467 601,467
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 209,347 221,844
29 Total net assets or fund balances (see instructions)..... 810,814 823,311
30 Total liabilities and net assets/fund balances (see instructions). 810,814 823,311
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
810,814
2
Enter amount from Part I, line 27a .....................
2
12,497
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
823,311
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
823,311
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 48 AMERISOURCEBERGEN CORP P 2021-01-05 2021-05-11
b 36 BEST BUY CO INC P 2020-10-22 2021-01-05
c 59 CHEVRON CORP P 2020-10-22 2021-04-09
d 7 CROWN CASTLE REIT INC P 2020-12-28 2021-01-05
e 104 CONAGRA BRANDS INC P 2020-04-16 2021-01-05
34 EMERSON ELEC CO P 2021-07-13 2021-12-06
20 FMC CORP COM NEW P 2021-05-17 2021-09-15
16 FOX CORP REG SHS CL A P 2020-11-24 2021-07-13
5 GOLDMAN SACHS GROUP INC P 2020-08-06 2021-07-13
22 GENUINE PARTS CO P 2021-05-11 2021-07-13
1 LOCKHEED MARTIN CORP P 2020-03-17 2021-03-02
2 LAM RESEARCH CORP COM P 2020-04-02 2021-03-02
30 ELI LILLY & CO P 2020-11-11 2021-01-05
34 ELI LILLY & CO P 2021-05-11 2021-09-15
1 ELI LILLY & CO   2021-07-13 2021-09-15
15 MERCK AND CO INC SHS   2020-11-24 2021-09-15
129 MARATHON PETROLEUM CORP   2021-04-09 2021-09-15
107 NEWELL BRANDS INC   2021-01-05 2021-05-11
1.5 ORGANON AND CO REG SHS   2020-11-24 2021-08-20
120 PPL CORPORATION   2020-10-22 2021-02-02
67 UNILEVER PLC NEW ADR   2020-11-11 2021-02-02
14 UNILEVER PLC NEW ADR   2021-01-05 2021-02-02
28 ZIMMER BIOMET HOLDI   2021-09-15 2021-12-06
11 WHIRLPOOL CORP   2020-09-04 2021-05-11
44 YUM BRANDS INC   2021-01-05 2021-03-02
76 ASTRAZENECA PLC SPND ADR   2020-02-26 2021-12-06
6 APPLIED MATERIAL INC   2019-07-10 2021-01-05
10 APPLIED MATERIAL INC   2019-07-10 2021-04-09
36 FMC CORP COM NEW   2019-07-10 2021-09-15
8 FMC CORP COM NEW   2019-10-08 2021-09-15
138 FOX CORP REG SHS CL A   2020-05-12 2021-07-13
7 GOLDMAN SACHS GROUP INC   2020-08-06 2021-09-15
2 LOCKHEED MARTIN CORP   2016-08-25 2021-03-02
1 LOCKHEED MARTIN CORP   2019-06-10 2021-03-02
1 LOCKHEED MARTIN CORP   2019-10-08 2021-03-02
2 LOCKHEED MARTIN CORP   2018-08-29 2021-03-02
2 LOCKHEED MARTIN CORP   2019-02-08 2021-03-02
1 LOCKHEED MARTIN CORP   2019-06-07 2021-03-02
8 LAM RESEARCH CORP COM   2020-04-02 2021-07-13
7 LOWE'S COMPANIES INC   2020-09-04 2021-12-06
37 MERCK AND CO INC SHS   2019-07-10 2021-09-15
5 MERCK AND CO INC SHS   2019-10-08 2021-09-15
20 MOTOROLA SOLUTIONS INC   2020-10-30 2021-12-06
6 MOTOROLA SOLUTIONS INC   2020-11-24 2021-12-06
35 MEDTRONIC PLC SHS   2020-03-10 2021-07-13
4 MEDTRONIC PLC SHS   2020-03-17 2021-07-13
8 NORTHROP GRUMMAN CORP   2019-07-10 2021-02-02
2 NORTHROP GRUMMAN CORP   2019-10-08 2021-02-02
ORGANON AND CO REG SHS   2019-07-10 2021-06-08
3 ORGANON AND CO REG SHS   2019-07-10 2021-08-20
.5 ORGANON AND CO REG SHS   2019-10-08 2021-08-20
32 QUALCOMM INC   2020-05-12 2021-05-17
2 TEXAS INSTRUMENTS   2018-04-18 2021-01-05
4 TARGET CORP COM   2019-07-16 2021-12-06
22 3M COMPANY   2020-01-07 2021-07-13
1 3M COMPANY   2020-03-17 2021-07-13
136 RAYTHEON TECHNOLOGIES   2011-10-10 2021-03-09
64 RAYTHEON TECHNOLOGIES   2013-06-18 2021-03-09
82 SMEAD VALUE FUND   2015-01-28 2021-03-09
1 SMEAD VALUE FUND   2015-03-11 2021-03-09
82.481 SMEAD VALUE FUND   2015-03-11 2021-03-09
352.858 SMEAD VALUE FUND   2015-03-11 2021-10-19
551.876 GUGGENHEIM MACRO   2019-07-09 2021-10-19
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 5,832   4,665 1,167
b 3,638   4,234 -596
c 6,042   4,269 1,773
d 1,099   1,090 9
e 3,705   3,441 264
3,098   3,329 -231
1,933   2,372 -439
576   472 104
1,885   1,025 860
2,813   2,908 -95
337   304 33
1,162   448 714
4,940   4,356 584
8,024   6,628 1,396
236   235 1
1,089   1,146 -57
7,553   6,816 737
3,091   2,342 749
50   57 -7
3,373   3,376 -3
3,926   4,207 -281
820   846 -26
3,509   4,111 -602
2,697   1,864 833
4,605   4,649 -44
4,201   3,637 564
530   269 261
1,396   449 947
3,480   2,955 525
773   639 134
4,969   3,533 1,436
2,775   1,435 1,340
674   499 175
337   358 -21
337   380 -43
674   649 25
674   597 77
337   355 -18
4,992   1,791 3,201
1,756   1,094 662
2,686   2,979 -293
363   398 -35
5,048   3,175 1,873
1,514   1,030 484
4,459   3,234 1,225
510   320 190
2,408   2,615 -207
602   730 -128
20   28 -8
100   119 -19
17   20 -3
4,140   2,599 1,541
324   211 113
973   354 619
4,392   3,916 476
200   134 66
10,328   5,694 4,634
4,860   3,506 1,354
4,955   3,144 1,811
60   39 21
4,984   3,278 1,706
25,000   14,023 10,977
15,000   14,306 694
24,390     24,390
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,167
b       -596
c       1,773
d       9
e       264
      -231
      -439
      104
      860
      -95
      33
      714
      584
      1,396
      1
      -57
      737
      749
      -7
      -3
      -281
      -26
      -602
      833
      -44
      564
      261
      947
      525
      134
      1,436
      1,340
      175
      -21
      -43
      25
      77
      -18
      3,201
      662
      -293
      -35
      1,873
      484
      1,225
      190
      -207
      -128
      -8
      -19
      -3
      1,541
      113
      619
      476
      66
      4,634
      1,354
      1,811
      21
      1,706
      10,977
      694
      24,390
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 67,589
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........................... 3 793
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- ..... 5 793
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 944
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 944
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 10 151
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet151 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
     
    No
    Website addressbulletN/A
    14
    The books are in care ofbulletDOUGLAS D ROCHE Telephone no.bullet (248) 644-3891

    Located atbullet22229 VILLAGE PINES DRBEVERLY HILLSMI ZIP+4bullet48025
    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)
     
    No
    (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
    DOUGLAS D ROCHE PRESIDENT/ CO-TRUSTEE / ATTORNEY
    5.00     		15,700 0 0
    22543 FIDDLERS COVE
    BIRMINGHAM,MI48025
    MICHAEL J ROCHE SECRETARY/CO-TRUSTEE
    1.00     		0 0 0
    14087 E BELLEWOOD DR
    AURORA,CO80015
    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  
    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  
    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
    1,082,975
    b
    Average of monthly cash balances.......................
    1b
    30,378
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    1,113,353
    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
    1,113,353
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    16,700
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    1,096,653
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    54,833
    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
    54,833
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    793
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    793
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    54,040
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    54,040
    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
    54,040
    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 54,040
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    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...... 3,426
    e From 2020...... 7,839
    f Total of lines 3a through e ........ 11,265
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 44,775
    a Applied to 2020, 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 2021 distributable amount..... 44,775
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 9,265 9,265
    (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 2,000
    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 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 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 ......     		2,000
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020.... 2,000
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (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
    ANGEL'S PLACE
    29229 FRANKLIN RD SUITE 2
    SOUTHFIELD,MI48034     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 550
    ARRUPE COLLEGE OF LOYOLA
    820 N MICHIGAN AVE
    CHICAGO,IL60611     		NONE COLLEGE EDUCATION 1,500
    BROTHER RICE HIGH SCHOOL
    7101 LAHSER RD
    BLOOMFIELD HILLS,MI48301     		NONE SCHOOL EDUCATION 1,000
    CASA OF COOK COUNTY
    1100 S HAMILTON AVE
    CHICAGO,IL60612     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 500
    COMMUNITY HOUSE WINNETKA
    620 LINCOLN AVE
    WINNETKA,IL60093     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 1,000
    GESU SCHOOL
    17139 OAK DRIVE
    DETROIT,MI48221     		NONE SCHOOL EDUCATION 300
    GESU SCHOOL
    17139 OAK DRIVE
    DETROIT,MI48221     		NONE SCHOOL EDUCATION 500
    HARBOR HALL FOUNDATION
    PO BOX 376
    HARBOR SPRINGS,MI49740     		NONE MUSEUM PUBLIC BENEFIT 2,000
    HEARD MUSEUM
    2301 NORTH CENTRAL AVE
    PHOENIX,AZ85004     		NONE MUSEUM PUBLIC BENEFIT 2,000
    HEARD MUSEUM
    2301 NORTH CENTRAL AVE
    PHOENIX,AZ85044     		NONE MUSEUM PUBLIC BENEFIT 1,000
    HEARD MUSEUM
    2301 NORTH CENTRAL AVE
    PHOENIX,AZ85044     		NONE MUSEUM PUBLIC BENEFIT 2,000
    HEARD MUSEUM
    2301 NORTH CENTRAL AVE
    PHOENIX,AZ85044     		NONE MUSEUM PUBLIC BENEFIT 750
    HOLY CHILDHOOD CHURCH
    150 W MAIN ST
    HARBOR SPRINGS,MI49740     		NONE RELIGIOUS RELIGIOUS 1,500
    HOLY CROSS COLLEGE
    ONE COLLEGE STREET
    WORCESTER,MA01610     		NONE COLLEGE EDUCATION 500
    IHM SISTERS
    610 W ELM AVE
    MONROE,MI48162     		NONE RELIGIOUS RELIGIOUS 300
    JOURNEY CARE
    2050 CLAIRE CT
    GLENVIEW,IL60025     		NONE CHARITY RESEARCH 500
    LES TURNER ALS FOUNDATION
    5550 W TOUHY AVE SUITE 302
    SKOKIE,IL60077     		NONE CHARITY RESEARCH 500
    LOYOLA HIGH SCHOOL
    15325 PINEHURST
    DETROIT,MI48238     		NONE SCHOOL EDUCATION 300
    MANNA FOOD PROJECT
    8791 MCBRIDE PARK CT
    HARBOR SPRINGS,MI49740     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 2,000
    MARIAN HS FUND
    7225 LAHSER RD
    BLOOMFIELD HILLS,MI48301     		NONE SCHOOL EDUCATION 250
    MCLAREN NORTHERN MICHIGAN FOUNDATION
    360 CONNABLE AVE SUITE 3
    PETOSKEY,MI49770     		NONE CHARITY RESEARCH 2,500
    MERCY HOME FOR BOYS AND GIRLS
    1140 W JACKSON BLVD
    CHICAGO,IL60607     		NONE RELIGIOUS ASSISTANCE TO DISADVANTAGED 500
    MORTON PLANT MEASE FOUNDATION
    1200 DRUID RD S
    CLEARWATER,FL33756     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 1,500
    MOST HOLY TRINITY
    1050 PORTER STREET
    DETROIT,MI48226     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 300
    NATIONAL ALLIANCE FOR MENTAL ILLNESS
    2107 WILSON BLVD SUITE 300
    ARLINGTON,VA22201     		NONE CHARITY RESEARCH 1,000
    NATIONAL CAMPS FOR THE BLIND
    4444 S 52ND STREET
    LINCOLN,NE68506     		NONE CHARITY EDUCATION 2,000
    ROSE HILL FOUNDATION
    5130 ROSE HILL BLVD
    HOLLY,MI48442     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 500
    ST REGIS CHURCH
    3695 LINCOLN
    BLOOMFIELD HILLS,MI48301     		NONE CHURCH RELIGIOUS 1,000
    ST REGIS CHURCH CSA
    3695 LINCOLN
    BLOOMFIELD HILLS,MI48301     		NONE CHURCH RELIGIOUS 1,000
    U OF D HIGH JESUIT HIGH SCHOOL AND ACADEMY
    8400 SOUTH CAMBRIDGE
    DETROIT,MI48221     		NONE SCHOOL EDUCATION 500
    YOUTH SERVICES OF GLENVIEW NORTHBROOK
    3080 WEST LAKE AVE
    GLENVIEW,IL60026     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 500
    KENTSTON HIGH SCHOOL PTO
    9500 BAINBRIDGE RD
    CHAGRIN FALLS,OH44023     		NONE SCHOOL EDUCATION 500
    THE VOLUNTEER CENTER
    520 GLENDALE AVE
    WINNETKA,IL60093     		NONE CHARITY PUBLIC BENEFIT 250
    SAMARITAN PURSE
    PO BOX 3000
    BOONE,NC28607     		NONE RELIGIOUS ASSISTANCE TO DISADVANTAGED 1,000
    ST VINCENT DE PAUL SOCIETY
    150 MAIN ST
    HARBOR SPRINGS,MI49740     		NONE CHARITY ASSISTANCE TO DISADVANTAGED 500
    WINGS PROGRAM INC
    PO BOX 95615
    PALATINE,IL60095     		NONE CHARITY PUBLIC BENEFIT 500
    Total .................................bullet 3a 33,000
    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 ...........     		    14 4  
    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 67,589  
    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 92,238 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    92,238
    (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 InvestmentsCorpStockSchedule
    Name:
    JAMES M & LOUISE C ROCHE FOUNDATION
     
    C/O DOUGLAS D ROCHE
    EIN:
    38-6069143
    Name of Stock End of Year Book Value End of Year Fair Market Value
    937.554 VIRTUS ALLIANZGI GLOBAL WATER FD 13,512 21,423
    1816.444 AMERICAN EURO PACIFIC GROWTH FD 94,806 117,306
    31 APPLE INC 829 5,505
    39 COMCAST CORP NEW CL A 1,424 1,463
    1245.833 EDGEWOOD GROWTH FD 30,496 75,360
    1300 EXXON MOBIL 12,929 79,547
    325 INVESCO S AND P GLOBAL WATER IDX 10,641 19,705
    80 INTL BUSINESS MACHINES CORP 14,173 10,693
    20 INTL BUSINESS MACHINES CORP 3,912 2,673
    6 JOHNSON AND JOHNSON 712 1,026
    3 JPMORGAN CHASE & CO 171 475
    12 JPMORGAN CHASE & CO 790 1,900
    8 JPMORGAN CHASE & CO 832 1,267
    10128.835 JPMORGAN STRAT INC OPPOR FD 117,922 116,583
    148.754 MATTHEWS INDIA FD 3,001 4,260
    2933.561 MATTHEWS ASIA DIV FD 42,796 55,562
    146 PROCTER & GAMBLE CO 9,180 23,883
    154 PROCTER & GAMBLE CO 9,948 25,191
    973 ROYAL DUTCH SHELL 21,075 42,228
    1636.828 SMEAD VALUE FD 74,501 113,509
    1 UNION PACIFIC CORP 93 252
    1 UNION PACIFIC CORP 92 252
    7 UNION PACIFIC CORP 669 1,764
    5 UNION PACIFIC CORP 671 1,260
    2 UNION PACIFIC CORP 297 504
    13 TEXAS INSTRUMENTS 1,230 2,450
    9 TEXAS INSTRUMENTS 856 1,696
    50.000 AMERICAN INTL GROUP 2,810 2,843
    6.000 AMERICAN INTL GROUP 321 341
    11.000 AMERICAN INTL GROUP 580 625
    12.000 AMERICAN TOWER REIT 2,527 3,510
    2.000 AMERICAN TOWER REIT 449 585
    13.000 AMGEN INC 2,364 2,925
    2.000 AMGEN INC 394 450
    8.000 APPLE INC 452 1,421
    32.000 APPLIED MATERIAL INC 1,436 5,036
    11.000 APPLIED MATERIAL INC 543 1,731
    63.000 BCE INC 2,902 3,279
    10.000 BCE INC 483 520
    13.000 COMCAST CORP 498 654
    17.000 COMCAST CORP 614 856
    12.000 COMCAST CORP 528 604
    43.000 CITIGROUP INC 3,056 2,597
    3.000 CITIGROUP INC 199 181
    7.000 CITIGROUP INC 464 423
    13.000 HOME DEPOT INC 2,993 5,395
    3.000 HOME DEPOT INC 680 1,245
    4.000 JPMORGAN CHASE & CO 447 633
    5.000 JPMORGAN CHASE & CO 561 792
    1.000 JOHNSON & JOHNSON 132 171
    4.000 JOHNSON & JOHNSON 530 684
    17.000 MICROSOFT CORP 2,361 5,717
    4.000 MICROSOFT CORP 545 1,345
    2.000 NORTHROP GRUMMAN CORP 0 2
    52.000 ORACLE CORP 3,134 4,535
    5.000 ORACLE CORP 266 436
    9.000 ORACLE CORP 486 785
    21.000 SEMPRA ENERGY 2,928 2,778
    3.000 SEMPRA ENERGY 436 397
    4.000 TEXAS INSTRUMENTS 499 754
    22.000 TARGET CORP 1,948 5,062
    4.000 TARGET CORP 435 926
    2.000 UNION PACIFIC CORP 172 504
    2.000 UNION PACIFIC CORP 303 504
    3.000 UNION PACIFIC CORP 463 756
    48.000 VERIZON COMMUNICATIONS COM 2,899 2,494
    9.000 VERIZON COMMUNICATIONS COM 536 468
    4144.966 GUGGENHEIM MACRO OPPOR FD 107,704 112,411
    78.000 AMERICAN INTL GROUP 1,702 4,435
    1.000 AMERICAN TOWER REIT 250 293
    12.000 APPLE INC 951 2,131
    12.000 BROADCOM LTD 2,487 6,654
    6.000 BROADCOM LTD 1,153 3,992
    7.000 BCE INC 270 364
    22.000BCE INC 942 1,145
    2.000 COMCAST CORP 75 101
    21.000 CITIGROUP INC 885 1,268
    11.000 CITIGROUP INC 498 664
    21.000 CROWN CASTLE REIT 3,270 4,384
    107.000 CISCO SYSTEMS INC 4,552 6,781
    33.000 DISNEY WALT CO 3,165 5,111
    29.000 EATON CORP PLC 3,297 5,012
    8.000 GOLDMAN SACHS GROUP 1,640 3,060
    2.000 HOME DEPOT INC 341 830
    1.000 JPMORGAN CHASE & CO 95 158
    10.000 JPMORGAN CHASE & CO 1,017 1,584
    12.000 JOHNSON AND JOHNSON 116 2,053
    18.000 LOWE'S COS INC 2,812 4,653
    5.000 LOWE'S COS INC 762 1,292
    82.000 MORGAN STANLEY 4,069 8,049
    63.000 MONDELEZ INTL INC 3,463 4,178
    70.000 MICROCHIP TECHNOLOGY INC 2,705 6,094
    38.000 NOVARTIS ADR 3,108 3,324
    13.000 ORACLE CORP 749 1,134
    7.000 SEMPRA ENERGY 682 926
    3.000 TEXAS INSTRUMENTS 305 565
    21.000 TE CONNECTIVITY LTD 2,079 3,318
    18.000 TE CONNECTIVITY LTD 2,090 2,904
    1.000 UNION PACIFIC 129 252
    18.000 VERIZON COMMUNICATIONS COM 1,092 935
    7.000 VERIZON COMMUNICATIONS COM 432 364
    8.000 WHIRLPOOL CORP 1,356 1,877
    6.000 WHIRLPOOL CORP 1,125 1,408
    26.000 PEPSICO INC 3,525 4,516
    16.000 KYNDRYL HOLDINGS INCORP 706 290
    4.000 KYNDRYL HOLDINGS INCORP 195 72
    19.000 ADVANCE AUTO PARTS 4,421 4,558
    34.000 BCE INC 1,670 1,769
    54.000 BCE INC 2,739 2,810
    36.000 COMCAST CORP NEW CL A 1,892 1,812
    15.000 CAPITAL ONE FINL 2,205 2,176
    44.000 COGNIZANT TECH SOLUTNS 3,025 3,904
    80.000 CHENIERE ENERGY 7,354 8,114
    67.000 COLGATE PALMOLIVE 5,326 5,718
    36.000 HCA HEALTHCARE INC 8,443 9,249
    31.000 JOHNSON AND JOHNSON 5,124 5,303
    43.000 LENNAR CORP 4,141 4,995
    10.000 MICROSOFT CORP 3,221 3,363
    9.000 NOVARTIS ADR 847 787
    40.000 NEXTERA ENERGY INC 3,363 3,734
    113.000 NUTRIEN LTD REG SHS 7,087 8,498
    8.000 PEPSICO INC 2,928 2,778
    8.000 ANTHEM INC 3,183 3,708
    13.000 ANTHEM INC 4,862 6,026
    75.000 TJX COS 4,964 5,694
    24.000 TRANE TECH PLC 3,474 4,849
    84.000 JOHNSON CONTROLS INTER 4,813 6,830
    7.000 UNITEDHEALTH GROUP INC 2,934 3,515
    3.000 UNION PACIFIC CORP 737 756
    74.000 VERIZON COMMS 432 364
    15.000 VISA INC 3,039 3,251

    TY 2021 LegalFeesSchedule
    Name:
    JAMES M & LOUISE C ROCHE FOUNDATION
     
    C/O DOUGLAS D ROCHE
    EIN:
    38-6069143
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL AND TAX FEES 16,772 16,772   0


    TY 2021 OtherExpensesSchedule
    Name:
    JAMES M & LOUISE C ROCHE FOUNDATION
     
    C/O DOUGLAS D ROCHE
    EIN:
    38-6069143
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BROKERAGE ACCT AND INVESTMENT ADVISOR FEES 8,994 8,994   0
    ADR FEES 2 2   0
    OTHER EXPENSE 2,000 2,000   0


    TY 2021 OtherIncomeSchedule2
    Name:
    JAMES M & LOUISE C ROCHE FOUNDATION
     
    C/O DOUGLAS D ROCHE
    EIN:
    38-6069143
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    ORGANON AND CO REG FEE CREDIT 20 20 20


    TY 2021 TaxesSchedule
    Name:
    JAMES M & LOUISE C ROCHE FOUNDATION
     
    C/O DOUGLAS D ROCHE
    EIN:
    38-6069143
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES WITHHELD (ML) 115 115   0
    FOREIGN TAXES WITHHELD (ML 2) 573 573   0
    IRS/U.S. TREASURY 502 502   0
    IRS/U.S. TREASURY 2,083 2,083   0