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
THE RAVITZ FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)34705 WEST TWELVE MILE RD 160
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
FARMINGTON HILLS, MI48331
A Employer identification number

38-3508943
B Telephone number (see instructions)

(269) 382-2844
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$50,438,728J 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 7,828 7,828  
4 Dividends and interest from securities... 1,167,652 1,092,406  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,148,469
b Gross sales price for all assets on line 6a 9,186,464
7 Capital gain net income (from Part IV, line 2)... 3,148,469
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........ 4,323,949 4,248,703  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 212,750 94,287   118,463
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 23,719 10,505   13,214
16a Legal fees (attach schedule)......... Click to see attachment 34,756 17,378   17,378
b Accounting fees (attach schedule)....... Click to see attachment 19,000 9,500   9,500
c Other professional fees (attach schedule).... Click to see attachment 199,812 192,863   6,949
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 15,300 7,650   7,650
21 Travel, conferences, and meetings....... 373 186   187
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 22,551 13,864   8,687
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 528,261 346,233   182,028
25 Contributions, gifts, grants paid....... 2,340,000 2,340,000
26 Total expenses and disbursements. Add lines 24 and 25 2,868,261 346,233   2,522,028
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,455,688
b Net investment income (if negative, enter -0-) 3,902,470
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............. 695,296 520,916 520,916
2 Savings and temporary cash investments......... 1,257,527 1,291,638 1,291,638
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)....... 790,080 Click to see attachment790,068 2,125,838
c Investments—corporate bonds (attach schedule)....... 8,393,897 Click to see attachment8,345,795 8,413,251
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 19,459,352 Click to see attachment21,039,925 38,087,085
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) 30,596,152 31,988,342 50,438,728
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment0 Click to see attachment2,001
23 Total liabilities (add lines 17 through 22)......... 0 2,001
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........ 19,798,753 19,798,753
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 10,797,399 12,187,588
29 Total net assets or fund balances (see instructions)..... 30,596,152 31,986,341
30 Total liabilities and net assets/fund balances (see instructions). 30,596,152 31,988,342
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
30,596,152
2
Enter amount from Part I, line 27a .....................
2
1,455,688
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
32,051,840
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
65,499
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
31,986,341
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 FROM K-1 INVESCO DB COMMODITY INDEX - OTHER GAINS      
b PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 142487      
c PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 142487      
d PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049997      
e PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049986      
PUBLICLY TRADED SECURITIES - MORGAN STANLEY - 049986      
(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 228,242     228,242
b 1,552,371   1,538,704 13,667
c 405,905   408,900 -2,995
d 912,393   897,783 14,610
e 3,922,283   1,207,572 2,714,711
2,165,270   1,985,036 180,234
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       228,242
b       13,667
c       -2,995
d       14,610
e       2,714,711
      180,234
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,148,469
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 54,244
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 54,244
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 57,297
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 57,297
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 3,053
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet3,053 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 ofbulletBRIAN H AARON Telephone no.bullet (248) 563-7600

    Located atbullet34705 WEST TWELVE MILE RD 160FARMINGTON HILLSMI ZIP+4bullet48331
    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
    LAWRENCE HANDLER DIRECTOR
    5.00     		0 0 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    STEVE MARGOLIN DIRECTOR
    1.00     		5,000 0 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    BURTON SHIFMAN PRESIDENT/DIRECTOR
    15.00     		19,250 2,750 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    CAROLE SHIFMAN PROGRAM DIRECTOR/DIRECTOR
    30.00     		87,250 2,750 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    JONATHAN AARON SECRETARY/DIRECTOR
    1.00     		5,000 0 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    BRUCE GELBAUGH TREASURER/DIRECTOR
    20.00     		91,250 2,750 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    BRIAN H AARON DIRECTOR
    1.00     		5,000 0 0
    34705 WEST TWELVE MILE RD 160
    FARMINGTON HILLS,MI48331
    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
    MORGAN STANLEY INVESTMENT MANAGEMENT FEES 185,915
    40701 WOODWARD AVE SUITE 200
    BLOOMFIELD,MI48304
    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
    47,645,408
    b
    Average of monthly cash balances.......................
    1b
    2,210,076
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,855,484
    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
    49,855,484
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    747,832
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    49,107,652
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,455,383
    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
    2,455,383
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    54,244
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    54,244
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,401,139
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,401,139
    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
    2,401,139
    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 2,401,139
    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...... 170,419
    b From 2017......  
    c From 2018...... 489,683
    d From 2019...... 306,195
    e From 2020...... 26,962
    f Total of lines 3a through e ........ 993,259
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,522,028
    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..... 2,401,139
    e Remaining amount distributed out of corpus 120,889
    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 1,114,148
    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) ...     		170,419
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		943,729
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 489,683
    c Excess from 2019.... 306,195
    d Excess from 2020.... 26,962
    e Excess from 2021.... 120,889
    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
    AMERICAN FRIENDS OF MAGEN DAVID ADOM
    3175 COMMERICAL AVE STE 101
    NORTHBROOK,IL60062     		  PC GENERAL SUPPORT 1,000
    AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE
    220 EAST 42ND STREET SUITE 400
    NEW YORK,NY10017     		  PC GENERAL SUPPORT 5,000
    ANTI-DEFAMATION LEAGUE
    605 THIRD AVENUE
    NEW YORK,NY101583560     		  PC FIGHTING HATE AND ANTISEMITISM 100,000
    BIG BROTHERS BIG SISTERS
    3501 COVINGTON ROAD
    KALAMAZOO,MI49001     		  PC ONE-TO-ONE MENTORING 35,000
    BOYS & GIRLS CLUBS OF GREATER KALAMAZOO
    915 LAKE STREET
    KALAMAZOO,MI49001     		  PC OPERATIONS 25,000
    CONGREGATION BETH SHALOM
    14601 WEST LINCOLN ROAD
    OAK PARK,MI482371333     		  PC GENERAL SUPPORT 1,500
    CONGREGATION OF B'NAI JACOBKOLLER INSTITUTE OF GREATER DETROIT
    15230 LINCOLN STREET
    OAK PARK,MI48237     		  PC GEBERAL SUPPORT 5,000
    FRANKEL JEWISH ACADEMY
    6600 W MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC ROBOTRAFFIC CLASS AND COMPETITION 40,000
    FRIENDS OF ISRAEL DEFENCE FORCES
    PO BOX 4224
    NEW YORK,NY10163     		  PC GENERAL SUPPORT 2,000
    HABONIM DROR CAMP TAVOR
    4444 SECOND AVE
    DETROIT,MI48201     		  PC CAMP SCHOLARSHIPS 20,000
    HEBREW FREE LOAN
    6735 TELEGRAPH RD 300
    BLOOMFIELD HILLS,MI48301     		  PC OPERATIONS 50,000
    HILLEL CAMPUS ALLIANCE OF MICHIGAN
    360 CHARLES STREET
    EAST LANSING,MI48823     		  PC ENGAGEMENT STRATEGY 115,000
    HILLEL DAY SCHOOL
    32200 MIDDLEBELT ROAD
    FARMINGTON HILLS,MI48334     		  PC GENERAL SUPPORT 2,000
    HILLEL OF METRO DETROIT
    5221 GULLEN MALL 667 SCB - WSU
    DETROIT,MI48202     		  PC SMALL CAMPUSES BIG IMPACT PROGRAM 50,000
    HILLEL OF METRO DETROIT
    5221 GULLEN MALL 667 SCB - WSU
    DETROIT,MI48202     		  PC JEWISH PRESENCE AT U OF M DEARBORN 5,000
    HOLOCAUST MEMORIAL CENTER
    28123 ORCHARD LAKE ROAD
    FARMINGTON HILLS,MI48334     		  PC MUSEUM EDUCATION PROJECT 100,000
    HOLOCAUST MEMORIAL CENTER
    28123 ORCHARD LAKE ROAD
    FARMINGTON HILLS,MI48334     		  PC VIRTUAL MUSEUM EXPERIENCE 150,000
    ISRAEL RELIGIOUS ACTION CENTER
    520 EIGHT AVE 20TH FLOOR
    NEW YORK,NY10018     		  PC GENERAL SUPPORT 10,000
    JARC
    6735 TELEGRAPH ROAD STE 101
    BLOOMFIELD HIILS,MI48301     		  PC GENERAL SUPPORT 25,000
    JCRCAJC
    6735 TELEGRAPH ROAD STE 101
    BLOOMFIELD HIILS,MI48301     		  PC GENERAL SUPPORT 75,000
    JEWISH FAMILY SERVICE
    6555 WEST MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC TECH CONNECT FOR SENIORS 50,000
    JEWISH FAMILY SERVICE
    6555 WEST MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC EMERGENCY FINANCIAL ASSISTANCE 25,000
    JEWISH FEDERATION OF METROPOLITAN DETROIT
    6735 TELEGRAPH ROAD
    BLOOMFIELD HILLS,MI483032030     		  PC PLAYWORKS - BUILDING KIDS' SOCIAL AND EMOTIONAL SKILLS 34,000
    JEWISH FEDERATION OF METROPOLITAN DETROIT
    6735 TELEGRAPH ROAD
    BLOOMFIELD HILLS,MI483032030     		  PC GENERAL SUPPORT 10,000
    JEWISH HISTORICAL SOCIETY OF MICHIGAN
    6600 W MAPLE ROAD
    WEST BLOOMFIELD,MI483223003     		  PC GENERAL SUPPORT 5,000
    JEWISH SENIOR LIFE
    6710 WEST MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC FOOD SUBSIDY PROGRAM 100,000
    KADIMA
    15999 W 12 MILE ROAD
    SOUTHFIELD,MI48076     		  PC FINANCIAL NEEDS FUND 60,000
    KALAMAZOO GOSPEL MISSION
    448 N BURDICK STREET
    KALAMAZOO,MI49007     		  PC GENERAL SUPPORT 5,000
    KALAMAZOO LOAVES & FISHES
    901 PORTAGE STREET
    KALAMAZOO,MI490013005     		  PC GROCERY PANTRY PROGRAM 35,000
    L'DOR V DOR NORTHERN MICHIGAN CONSORTIUM
    505 MICHIGAN ST
    PETOSKEY,MI49770     		  PC GENERAL SUPPORT 36,000
    MINISTRY WITH COMMUNITY
    440 N EDWARDS STREET
    KALAMAZOO,MI49007     		  PC GENERAL SUPPORT 5,000
    MOISHE HOUSE
    5007 PROVIDENCE ROAD
    CHARLOTTE,NC28226     		  PC EMPOWERING JEWISH YOUNG ADULTS TO BUILD COMMUNITY FOR PEER 25,000
    NATIONAL COUNCIL OF JEWISH WOMEN
    26400 LAHSER ROAD SUITE 306
    SOUTHFIELD,MI480332675     		  PC BACK 2 SCHOOL STORE 20,000
    NATIONAL RAMAH COMMISSION INC
    3080 BROADWAY
    NEW YORK,NY10027     		  PC GENERAL SUPPORT 3,000
    NATIONAL RAMAH COMMISSION INC
    3080 BROADWAY
    NEW YORK,NY10027     		  PC GENERAL SUPPORT 1,000
    TAMARACK CAMPS
    6735 TELEGRAGH ROAD SUITE 380
    BLOOMFIELD HILLS,MI48301     		  PC CAMP SCHOLARSHIPS 250,000
    TAMARACK CAMPS
    6735 TELEGRAGH ROAD SUITE 380
    BLOOMFIELD HILLS,MI48301     		  PC GENERAL SUPPORT 5,000
    TEMPLE ISRAEL
    5725 WALNUT LAKE ROAD
    WEST BLOOMFIELD,MI48323     		  PC GENERAL SUPPORT 1,000
    THE WELL
    5725 WALNUT LAKE ROAD
    WEST BLOOMFIELD,MI48323     		  PC GENERAL SUPPORT 50,000
    UNIVERSITY OF MICHIGAN - HILLEL
    1429 HILL ST
    ANN ARBOR,MI48104     		  PC CONNECT FELLOWSHIP EXPANSION 40,000
    UNIVERSITY OF MICHIGAN - HILLEL
    1430 HILL ST
    ANN ARBOR,MI48104     		  PC SHABBAT CAMPAIGN 85,000
    YAD EZRA
    2850 W 11 MILE ROAD
    BERKLEY,MI48072     		  PC GENERAL SUPPORT 55,000
    IMPACT ISRAEL
    200 HIGHLAND AVENUE SUITE 301
    NEEDHAM,MA02494     		  PC GENERAL SUPPORT 10,000
    ISAAC AGREE DOWNTOWN SYNAGOGUE
    1457 GRISWOLD
    DETROIT,MI48226     		  PC ESTABLISHING SHARED WORKSPACE AND COLLABORATION MODEL 120,000
    JCRCACJ
    6735 TELEGRAPH ROAD STE 101
    BLOOMFIELD HIILS,MI48301     		  PC ISRAEL ADVOCATE AND RELATIONSHIP ASSOCIATE 40,000
    JEWISH COMMUNITY CENTER
    6600 W MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC PJ LIBRARY ENDOWMENT 100,000
    JEWISH COMMUNITY CENTER
    6600 W MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC JBABY 40,000
    LEONARD N SIMONS JEWISH COMMUNITY ARCHIVES
    6735 TELEGRAPH RD 30
    BLOOMFIELD HILLS,MI48301     		  PC ACCESS TECHNOLOGY UPGRADE 5,000
    OAKLAND UNIVERSITY
    586 PIONEER DRIVE
    ROCHESTER,MI48309     		  PC HOLOCAUST AND MEDICINE EDUCATION PROGRAM 60,000
    OR HALEV
    340 S LEMON AVE 8404
    WALNUT,CA91789     		  PC DIGITAL OUTREACH ENGAGEMENT 15,000
    JEWISH FEDERATION OF METROPOLITAN DETROIT
    6735 TELEGRAPH ROAD
    BLOOMFIELD HILLS,MI483032030     		  PC HOMELAND SECURITY GRANT WRITER(S) 25,000
    JEWISH FEDERATION OF METROPOLITAN DETROIT
    6735 TELEGRAPH ROAD
    BLOOMFIELD HIILS,MI483032030     		  PC RAVITZ INITIATIVE FOR SMALL JEWISH COMMUNITIES 100,000
    UNIVERSITY OF MICHIGAN HEALTH SYSTEM
    1500 E MEDICAL CENTER DRIVE
    ANN ARBOR,MI48109     		  PC TRAUMA INFORMED CARE FOR PEDIATRIC PATIENTS 50,000
    CONGREGATION SHAAREY ZEDEK
    27375 BELL ROAD
    SOUTHFIELD,MI48034     		  PC GENERAL SUPPORT 3,600
    CONGREGATION SHAAREY ZEDEK
    27375 BELL ROAD
    SOUTHFIELD,MI48034     		  PC GENERAL SUPPORT 1,800
    FRANKEL JEWISH ACADEMY
    6600 W MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC GENERAL SUPPORT 2,750
    KALAMAZOO DREAM CENTER
    1122 PORTAGE RD
    KALAMAZOO,MI49001     		  PC GENERAL SUPPORT 2,500
    MACCABI USA
    1511 WALNUT STREET SUITE 401
    PHILADELPHIA,PA19102     		  PC GENERAL SUPPORT 1,100
    SHALOM HARTMAN INSTITUTE OF NORTH AMERICA
    475 RIVERSIDE DRIVE SUITE 1450
    NEW YORK,NY10115     		  PC GENERAL SUPPORT 750
    TWELVE BASKETS
    10332 PORTAGE RD
    PORTAGE,MI49002     		  PC GENERAL SUPPORT 5,000
    UNIVERSITY OF MICHIGAN - MOTTS CHILDREN HOSPITAL
    1540 EAST HOSPITAL DRIVE
    ANN ARBOR,MI48109     		  PC GENERAL SUPPORT 2,500
    WESTERN GOLF ASSOCIATION - EVANS SCHOLAR FOUNDATION
    2501 PATRIOT BLVD
    GLENVIEW,IL600268022     		  PC GENERAL SUPPORT 6,000
    UNIVERSITY OF MICHIGAN - PIONEER CAMPER FD
    500 S STATE STREET
    ANN ARBOR,MI48109     		  PC GENERAL SUPPORT 10,000
    JEWISH FAMILY SERVICE
    6555 WEST MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC GENERAL SUPPORT 1,000
    UNIVERSITY OF MICHIGAN - CRANIALFACIAL PROGRAM
    1540 EAST HOSPITAL DRIVE
    ANN ARBOR,MI48109     		  PC GENERAL SUPPORT 1,000
    UNIVERSITY OF MICHIGAN - HISTORY DEPARTMENT
    1029 TISCH HALL 435 S STATE ST
    ANN ARBOR,MI481091003     		  PC GENERAL SUPPORT 1,000
    ZIONESS MOVEMENT
    244 FIFTH AVENUE SUITE A205
    NEW YORK,NY10001     		  PC GENERAL SUPPORT 1,000
    AMERICAN JEWISH JOINT DISTRIBUTION COMMITTEE
    220 EAST 42ND STREET SUITE 400
    NEW YORK,NY10017     		  PC GENERAL SUPPORT 1,000
    CAMP MICHIGANIA
    3006 CAMP SHERWOOD RD
    BOYNE CITY,MI49712     		  PC GENERAL SUPPORT 5,000
    FRIENDSHIP CIRCLE
    6892 WEST MAPLE RD
    WEST BLOOMFIELD,MI48322     		  PC GENERAL SUPPORT 1,000
    HAVEN FOUNDATION
    801 VAN GUARD RD
    PONTIAC,MI48341     		  PC GENERAL SUPPORT 1,500
    HAVEN FOUNDATION
    801 VAN GUARD RD
    PONTIAC,MI48341     		  PC GENERAL SUPPORT 2,500
    JEWISH FAMILY SERVICE
    6555 WEST MAPLE ROAD
    WEST BLOOMFIELD,MI48322     		  PC GENERAL SUPPORT 2,500
    SANCTUM HOUSE
    12940 VICTORIA AVE
    HUNTINGTON WOODS,MI48070     		  PC GENERAL SUPPORT 2,500
    SIB4SIB
    29757 DEER RUN
    FARMINGTON HILLS,MI48331     		  PC GENERAL SUPPORT 500
    UNIVERSITY OF MICHIGAN
    500 S STATE STREET
    ANN ARBOR,MI48109     		  PC GENERAL SUPPORT 2,000
    Total .................................bullet 3a 2,340,000
    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 7,828  
    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 3,148,469  
    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 4,323,949 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,323,949
    (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:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PLANTE & MORAN 19,000 9,500   9,500

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Name of Bond End of Year Book Value End of Year Fair Market Value
    3M CO 3.250% 02/14/2024 51,811 54,362
    ABBOTT LABORATORIES 3.75% 11/30/2026 149,482 145,947
    ALL STATE CORP/THE 0.750% 12/15/2025 154,229 150,139
    AMAZON.COM INC 2.800% 08/22/2024 144,035 148,663
    AMERICAN EXPRESS CO 2.500% 08/01/2022 147,347 150,535
    AMERIPRISE FINANCIAL INC 3.700% 10/15/2024 51,823 55,518
    APPLE INCE 2.100% 09/12/2022 51,636 54,624
    BANK OF AMERICA CORP 4.450% 03/03/2026 142,003 145,399
    BERKSHIRE HATHAWAY INC 2.750% 03/15/2023 95,335 97,005
    BERKSHIRE HATHAWAY INC 3.000% 02/11/2023 150,424 153,828
    BK OF NEW YORK MELLON FXD TO 052022 VAR THRAFTR 2.6610% 250,108 251,880
    BP CAPITAL MARKETS PLC 3.506% 03/17/2025 49,210 52,209
    CATERPILLAR FINANCIAL SERVICE CORP 1.950% 11/18/2022 151,402 152,037
    CHARLES SCHWAB CORP/THE 2.650% 01/25/2023 51,230 53,983
    CHEVRON CORPORATION 3.326% 11/17/2025 203,565 213,528
    CHUBB INA HOLDINGS INC 2.875% 11/03/2022 44,002 44,678
    CISCO SYS INC 3.625% 03/04/2024 144,101 147,487
    COMCAST CORP 3.150% 03/01/2026 144,906 141,868
    EMERSON ELECTRIC CO 0.875% 10/15/2026 154,992 149,879
    ERP OPERATING LP 3.000% 04/15/2023 42,985 45,002
    EXXON MOBIL CORP 3.176% 03/15/2024 51,174 54,348
    GENERAL DYNAMICS CORP 3.5% 05/15/2025 48,500 51,192
    HOME DEPOT INC 2.625% 06/01/2022 250,163 251,918
    HOME DEPOT INC 3.35% 09/15/2025 143,075 145,248
    HONEYWELL INTERNATIONAL INC 2.500% 11/01/2026 144,950 140,365
    ILLINOIS TOOL WORKS INC 3.500% 03/01/2024 100,816 104,735
    INTERNATIONAL BUSINESS MACHINES CORP 1.875% 08/01/2022 103,604 103,867
    JOHN DEERE CAPITAL CORP 2.700% 01/06/2023 43,094 44,876
    JOHNSON & JOHNSON 2.450% 03/01/2026 149,678 147,114
    JP MORGAN CHASE & CO 4.125% 08/30/2026 167,575 163,331
    LOCKHEED MARTIN CORP 3.550% 01/15/2026 143,902 145,122
    MERCK & CO INC 2.750% 02/10/2025 144,398 147,705
    MERCK & CO INC NEW 2.35% 02/10/2022 248,985 250,570
    METLIFE INC 3.600% 04/10/2024 52,027 54,893
    MICRSOFT CORP 2.000% 08/08/2023 145,821 149,800
    NIKE INC 2.375% 11/01/2026 151,383 147,407
    NOVARTIS CAPITAL CORP 3.400% 05/06/2024 145,607 148,783
    PEPSICO INC 2.25% 05/02/2022 99,464 100,465
    PEPSICO INC 3.600% 03/01/2024 93,954 96,967
    PHILIP MORRIS INTL INC 2.5% 08/22/2022 246,945 253,158
    PHILIP MORRIS INTL INC 3.375% 08/11/2025 49,403 53,059
    PROCTER & GAMBLE CO/THE 2.300% 02/06/2022 93,645 95,181
    SANOFI 3.375% 06/19/2023 51,044 52,874
    SHELL INTERNATIONAL FINANCE BV 3.250% 05/11/2025 146,076 147,993
    SIMON PROPERTY GROUP LP 2.750% 06/01/2023 43,587 46,003
    STATE STREET CORP 3.300% 12/16/2024 150,000 147,997
    TARGET CORP 3.500% 07/01/2024 51,043 54,085
    TJX COS INC/THE 2.250% 09/01/2026 146,009 147,712
    TOYOTA MOTOR CREDIT CORP 3.4% 04/14/2025 49,255 52,224
    UNITED PARCEL SERVICE 2.45% 10/01/2022 149,350 150,134
    VIRGINIA ELECTRIC & POWER CO 2.750% 03/15/2023 49,798 50,859
    WALMART INC 3.55% 06/26/2025 146,301 147,923
    WALT DISNEY CO 3.15% 09/17/2025 54,617 56,307
    WASTE MANAGEMENT INC 2.400% 05/15/2023 43,342 45,845
    WELLS FARGO & CO 4.100% 06/03/2026 141,161 145,033
    UNILEVER CAPITAL CORP 0.375% 09/14/2023 154,260 153,041
    AMERICAN HONDA FINANCE CORP 0.550% 07/12/2024 154,619 153,004
    GOLDMAN SACHS GROUP INC 3.850% 01/26/2027 153,825 150,543
    APPLIED MATERIALS INC 3.300% 04/01/2027 153,034 151,253
    COSTCO WHOLESALE CORP 3.000% 05/18/2027; 151,524 150,067
    PNC FINANCIAL SERVICES GROUP INC 3.150% 05/19/2027 210,933 208,040
    QUALCOMM INC 3.250% 05/20/2027 208,123 206,225
    TRUIST FINANCIAL CORP 1.125% 08/03/2027 153,672 152,852
    ALPHABET INC 0.800% 08/15/2027; 153,478 153,102
    KIMBERLY- CLARK CORP 1.050% 09/15/2027; 211,982 208,415
    UNITEDHEALTH GROUP INC 2.950% 10/15/2027 225,973 223,045

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ACCENTURE PLC IRELAND CL A (CAN) 58,047 145,922
    ADOBE SYS INC 19,037 104,339
    ALPHABET INC CL C 27,009 141,786
    AMAZON COM INC 12,273 93,362
    AMGEN INC 33,619 87,963
    APPLE INC 21,752 134,065
    BERKSHIRE HATHAWAY CL B 39,393 101,959
    BLACKROCK INC 44,136 112,614
    ESTEE LAUDER CO INC CL A (EL) 51,944 132,532
    HOME DEPOT INC 33,595 116,203
    LABORATORY CP AMER HLDGS NEW (LH) 74,958 138,252
    MERCK & CO INC NEW 40,179 84,840
    MICROSOFT CORP 21,384 137,555
    NIKE INC CL B 44,643 109,169
    ORGANON & CO 1,999 3,350
    PAYPAL HLDGS INC 14,272 78,449
    PEPSICO INC 49,461 105,789
    RAYTHEON COMPANY 65,372 102,497
    TJX COS INC NEW (TJX) 72,103 102,568
    WALT DISNEY CO 64,892 92,624

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BLACKROCK TECHNOLOGY OPP INST (BG SIX) AT COST 275,293 545,812
    FIDELITY ADV INTL CAP APP I (FCPIX) AT COST 745,893 939,790
    FULLER&THALER BHV SMCP GW I (FTXSX) AT COST 343,143 458,286
    GLOBAL X COPPER MINERS ETF (COPX) AT COST 146,031 231,500
    INVESCO DB COMMODITY INDEX TRA (DBC) AT COST 698,901 790,263
    INVESTICO DEVELOPINGMKTS Y (ODVYX) AT COST 446,215 493,290
    INVESCO S&P 500 EQUAL WEIGHT E (RSP) AT COST 240,686 863,877
    ISHARES MORTGAGE REAL ESTATE C (REM) AT COST 226,071 276,080
    ISHARES S&P 500 GRWTH ETF (IVW) AT COST 2,280,124 9,005,235
    ISHARES S&P 500 VAL ETF (IVE) AT COST 4,489,694 9,074,516
    ISHARES SP SMALLCAP 600 INDEX (IJR) AT COST 679,103 1,862,963
    ISHARES US REAL ESTATE ETF (IYR) AT COST 385,409 637,492
    KRANESH BOSERA MSCI CHINA A (KBA) AT COST 341,651 347,360
    SPDR NYSE TECHNOLOGY ETF AT COST 52,532 268,866
    MSIF GROWTH I (MSEQX) AT COST 394,201 529,382
    SPDR S&P REGIONAL BANKING ETF (KRE) AT COST 436,287 602,225
    VANECK GOLD MINERS ETF (GDX) AT COST 405,525 349,287
    VANGUARD DIVIDEND APPRECIATION (VIG) AT COST 141,038 415,120
    VANGUARD FTSE DEVELOPED MKTS E (VEA) AT COST 4,170,924 5,601,231
    VANGUARD FTSE EMERGING MKTS (VWO) AT COST 994,104 1,341,701
    VANGUARD INTL EQUITY INDEX FD (VEU) AT COST 683,022 926,308
    VANGUARD SHORT-TERM CORPORATE (VCSH) AT COST 965,084 947,492
    VIRTUS KAR SMALL-CAP GROWTH (PXSGX) AT COST 405,069 441,186
    HEALTH CARE SEL SECT SPDR FD AT COST 303,225 324,047
    INDUSTRIAL SEL SEC SPDR FD AT COST 258,146 269,816
    ISHARES US CONSUMER DISCRETI AT COST 282,616 294,000
    ST BK OF INDIA CD CHICAGO IL CD 0.050% 01/28/2022; AT COST 249,938 249,960

    TY 2021 LegalFeesSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 34,756 17,378   17,378


    TY 2021 OtherDecreasesSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Description Amount
    COST BASIS ADJUSTMENT 65,499


    TY 2021 OtherExpensesSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ASSOCIATION DUES 780 0   780
    INSURANCE 13,866 6,933   6,933
    OFFICE EXPENSE 414 207   207
    INVESTMENT EXPENSES FROM K-1S 5,959 5,959   0
    AUTO & TRAVEL 127 63   64
    SOFTWARE 1,405 702   703


    TY 2021 OtherLiabilitiesSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Description Beginning of Year - Book Value End of Year - Book Value
    ACCRUED STATE WITHHOLDING 0 2,001


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE RAVITZ FOUNDATION
    EIN:
    38-3508943
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT MANAGEMENT FEES 185,915 185,915   0
    CONSULTANT 13,897 6,948   6,949