Form990-PF
Click to see attachment
Click to see attachmentClick to see attachment

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
MAX M & MARJORIE S FISHER FOUNDATION
INC
Number and street (or P.O. box number if mail is not delivered to street address)TWO TOWNE SQUARE 900
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
SOUTHFIELD, MI48076
A Employer identification number

38-1784340
B Telephone number (see instructions)

(248) 415-4000
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$339,496,781J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 4,044,119 4,043,717  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 58,184,368
b Gross sales price for all assets on line 6a 112,337,741
7 Capital gain net income (from Part IV, line 2)... 57,773,740
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 -1,238,717 -1,077,413  
12 Total. Add lines 1 through 11........ 60,989,770 60,740,044  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 426,713 0   426,713
14 Other employee salaries and wages...... 950,316 0   950,316
15 Pension plans, employee benefits....... 446,190 0   446,190
16a Legal fees (attach schedule)......... Click to see attachment 88,959 0   91,828
b Accounting fees (attach schedule)....... Click to see attachment 83,826 54,487   56,826
c Other professional fees (attach schedule).... Click to see attachment 3,027,561 1,992,266   1,058,433
17 Interest............... 2 0   2
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,427,596 0   0
19 Depreciation (attach schedule) and depletion... Click to see attachment 20,980 0  
20 Occupancy.............. 60,824 0   60,824
21 Travel, conferences, and meetings....... 10,770 0   10,770
22 Printing and publications.......... 13,702 0   13,674
23 Other expenses (attach schedule)....... Click to see attachment 135,019 0   -151,894
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,692,458 2,046,753   2,963,682
25 Contributions, gifts, grants paid....... 14,681,662 14,314,725
26 Total expenses and disbursements. Add lines 24 and 25 21,374,120 2,046,753   17,278,407
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 39,615,650
b Net investment income (if negative, enter -0-) 58,693,291
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............. 102,754 62,986 62,986
2 Savings and temporary cash investments......... 4,917,784 8,709,361 8,709,361
3 Accounts receivable bullet617,442
Less: allowance for doubtful accounts bullet   2,230,813 617,442 862,800
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..........   2,949 2,949
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 284,553,562 Click to see attachment324,612,769 324,612,769
14 Land, buildings, and equipment: basis bullet97,911
Less: accumulated depreciation (attach schedule) bullet81,087 169,034 Click to see attachment16,824 16,824
15 Other assets (describe bullet) Click to see attachment4,742,061 Click to see attachment5,229,092 Click to see attachment5,229,092
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 296,716,008 339,251,423 339,496,781
Liabilities 17 Accounts payable and accrued expenses.......... 445,375 1,739,699
18 Grants payable................. 4,887,593 5,212,820
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)......... 5,332,968 6,952,519
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 291,383,040 332,298,904
29 Total net assets or fund balances (see instructions)..... 291,383,040 332,298,904
30 Total liabilities and net assets/fund balances (see instructions). 296,716,008 339,251,423
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
291,383,040
2
Enter amount from Part I, line 27a .....................
2
39,615,650
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
56,779,236
4
Add lines 1, 2, and 3 ..........................
4
387,777,926
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
55,479,022
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
332,298,904
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 MELLON PUBLICLY TRADED SECURITIES P    
b AETHER REAL ASSETS I LP P    
c BLACKSTONE RE PARTNERS V P    
d BLACKSTONE RE PARTNERS VI P    
e BREP VII.F P    
BREP VII.F (AV-LH) P    
BREP VII.F (AV-LH.4) P    
BREP VII.F-NQ (AV-LH.3) P    
BREP VII.F-NQ (AV-LH.4) P    
BREP VIII.F P    
BREP VIII.F (AV-LH) P    
BREP VIII.F (AV-LH.2) P    
BREP VIII.F (AV-LH.3) P    
BREP VIII.F (AV-LH.4) P    
BREP VIII.F-NQ P    
BREP VIII.F-NQ (AV-LH) P    
BREP VIII.F-NQ (AV-LH.2) P    
BREP VIII.F-NQ (AV-LH.3) P    
BREP VIII.F-NQ (AV-LH.4) P    
FPA APARTMENT OPPORTUNITY FUND V-A P    
SCULPTOR REAL ESTATE PARALLEL FUND III A P    
TFG WAKKR 2012 FUND P    
TRIDENT V LP P    
BREP VIII.F P    
TRIDENT V LP P    
ACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND P    
ACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND P    
AETHER REAL ASSETS I LP P    
AETHER REAL ASSETS I LP P    
AIO V AIV LP P    
AIO V AIV LP P    
BLACKSTONE RE PARTNERS V P    
BLACKSTONE RE PARTNERS VI P    
BLACKSTONE RE PARTNERS VI-NQ P    
BREP VII.F P    
BREP VII.F (AV-LH) P    
BREP VII.F (AV-LH.4) P    
BREP VII.F-NQ (AV-LH.3) P    
BREP VIII.F P    
BREP VIII.F P    
BREP VIII.F (AV-LH) P    
BREP VIII.F (AV-LH.2) P    
BREP VIII.F (AV-LH.2) P    
BREP VIII.F (AV-LH.3) P    
BREP VIII.F (AV-LH.4) P    
BREP VIII.F-NQ P    
BREP VIII.F-NQ (AV-LH.3) P    
BREP VIII.F-NQ (AV-LH.4) P    
DARWIN VENTURE CAPITAL FUND-OF-FUNDS II LP P    
DARWIN VENTURE CAPITAL FUND-OF-FUNDS II LP P    
DETROIT VENTURE PARTNERS P    
ENERGY CAPITAL TE-L DIRECT P    
FORTRESS CREDIT OPPORTUNITIES FUND (B) P    
FPA APARTMENT OPPORTUNITY FUND V-A P    
FPA APARTMENT OPPORTUNITY FUND VI A P    
FPA APARTMENT OPPORTUNITY FUND VII A P    
KINDERHOOK CAPITAL FUND IV-B LP P    
MARKETABLE MAXIMUM OPPORUNITY FUND P    
MARKETABLE MAXIMUM OPPORTUNITY FUND P    
MAXIMUM PRIVATE GROWTH FUND P    
MAXIMUM PRIVATE GROWTH FUND P    
METROPOLITAN RE PARTNERS INTERNATIONAL IV P    
METROPOLITAN RE PARTNERS INT'L II P    
NEW MOUNTAIN PARTNERS III P    
NEW MOUNTAIN PARTNERS III (TIER 1) P    
PRAIRIE CAPITAL V P    
SCULPTOR REAL ESTATE PARALLEL FUND III A P    
SIGULER GUFF DISTRESSED OPP FUND III P    
SIGULER GUFF DISTRESSED OPP FUND III P    
TFG HEDGE FUND II LLC P    
TFG WAKKR 2012 FUND P    
TFG WAKKR 2012 FUND P    
TRIDENT V LP P    
TRIDENT V LP P    
W CAPITAL PARTNERS II P    
RAM REALTY PARTNERS III P    
RAM REALTY PARTNERS III P    
MARKETABLE MAXIMUM OPPORUNITY FUND P    
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 112,331,459   107,952,374 4,379,085
b       0
c       0
d       0
e       0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      47,937
      81,311
      8,028
      714
      -1,985
      -3
      2,319
      639
      -20
      2,492
      3
      3,069
      -279
      72
      197
      -4,438
      46
      -648
      3,814
      22,682
      166
      2
      9,683
      7,553
      -177
      -23,759
      -23,202
      5,774
      67,884
      183,764
      45,107
      601,117
      4,615,311
      23,840,254
      137,465
      10,943,026
      -4,201
      1,483
      473,518
      -15,958
      56,726
      22,870
      55,630
      -21
      12,113,159
      159,347
      -4,408
      -10,338
      155
      61,728
      0
      -97,235
      0
6,282     6,282
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       4,379,085
b       0
c       0
d       0
e       0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      0
      47,937
      81,311
      8,028
      714
      -1,985
      -3
      2,319
      639
      -20
      2,492
      3
      3,069
      -279
      72
      197
      -4,438
      46
      -648
      3,814
      22,682
      166
      2
      9,683
      7,553
      -177
      -23,759
      -23,202
      5,774
      67,884
      183,764
      45,107
      601,117
      4,615,311
      23,840,254
      137,465
      10,943,026
      -4,201
      1,483
      473,518
      -15,958
      56,726
      22,870
      55,630
      -21
      12,113,159
      159,347
      -4,408
      -10,338
      155
      61,728
      0
      -97,235
      0
      6,282
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 57,773,740
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........................... 3 815,837
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- ..... 5 815,837
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 444,209
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 75,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 302953 7 822,162
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 6,325
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 0
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   RefundedBullet 11  
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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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, CA
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.MMFISHER.ORG
    14
    The books are in care ofbulletEMILY DIEGEL Telephone no.bullet (248) 415-1440

    Located atbulletTWO TOWNE SQUARE 900SOUTHFIELDMI ZIP+4bullet48076
    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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletCJ, GK, JE, GM
    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)
    Yes
     
    (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
     
    No
    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
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    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
    JULIE FISHER CUMMINGS TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    PHILLIP WM FISHER MANAGING TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    DR MARJORIE M FISHER TREASURER
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    JANE F SHERMAN TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    DAVID SHERMAN NEXT GEN TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    CAROLINE RAFFERTY NEXT GEN TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    AMANDA FISHER NEXT GEN TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    ALISSANDRA ARONOW NEXT GEN TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    ANDREW SHERMAN NEXT GEN TRUSTEE
    1.00     		0 0 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    DOUGLAS BITONTI STEWART EXECUTIVE DIRECTOR
    40.00     		426,713 50,766 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    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
    CYNTHIA ROWELL PROGRAM MANAGER
    40.00     		178,500 40,063 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    MEREDITH FREEMAN SENIOR PROGRAM OFFIC
    40.00     		162,750 33,191 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    JENNIFER A FAHNESTOCK GRANTS MANAGER
    40.00     		133,875 36,269 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    CAMARRAH MORGAN PROGRAM OFFICER
    40.00     		100,000 18,842 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    CHELSEA LANDRY PROGRAM OFFICER
    40.00     		94,500 14,208 0
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    Total number of other employees paid over $50,000...................bullet 3
    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
    TFG LLC SERVICE PROVIDER FEES/SHARED SERVICES FEE 1,435,332
    TWO TOWNE SQUARE SUITE 900
    SOUTHFIELD,MI48076
    JFM CONSULTING GROUP PROGRAM CONSULTING FEES 191,500
    225 GRATIOT AVE
    DETROIT,MI48226
    CATALYST EVALUATION PROGRAM CONSULTING FEES 90,021
    16855 PLAINVIEW
    DETROIT,MI48219
    PLANTE MORAN ACCOUNTING FEES 75,280
    3000 TOWN CENTER SUITE 100
    SOUTHFIELD,MI48075
    AVIVAR CAPITAL PROGRAM CONSULTING FEES 60,000
    6464 SUNSET BLVD SUITE 1180
    LOS ANGELES,CA90028
    Total number of others receiving over $50,000 for professional services.............bullet1
    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 OGEN-SOCIAL LOAN FUND - THIS ORGANIZATION PROVIDES LOANS THROUGHOUT ISRAEL TO FAMILIES IN NEED AND SMALL BUSINESSES. 300,000
    2 FAIR FOOD NETWORK - THIS ORGANIZATION IS A FOOD-FOCUSED IMPACT INVESTING FUND WITH A MISSION TO GROW COMMUNITY HEALTH AND WEALTH SO FOOD ENTREPRENEURS CAN BE THE ENGINE OF A MORE EQUITABLE FUTURE. 250,000
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet550,000
    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
    292,288,815
    b
    Average of monthly cash balances.......................
    1b
    11,782,003
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    304,070,818
    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
    304,070,818
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    4,561,062
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    299,509,756
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    14,975,488
    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
    14,975,488
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    815,837
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    11,769
    c
    Add lines 2a and 2b............................
    2c
    827,606
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    14,147,882
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    106,000
    5
    Add lines 3 and 4............................
    5
    14,253,882
    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
    14,253,882
    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 14,253,882
    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...... 2,691,173
    c From 2018...... 2,651,404
    d From 2019...... 5,114,148
    e From 2020...... 9,447,926
    f Total of lines 3a through e ........ 19,904,651
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 17,828,407
    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..... 14,253,882
    e Remaining amount distributed out of corpus 3,574,525
    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 23,479,176
    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 ......     		23,479,176
    10 Analysis of line 9:
    a Excess from 2017.... 2,691,173
    b Excess from 2018.... 2,651,404
    c Excess from 2019.... 5,114,148
    d Excess from 2020.... 9,447,926
    e Excess from 2021.... 3,574,525
    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
    826 MICHIGAN
    1351 WINDER ST
    DETROIT,MI48207     		  PC YOUTH CREATIVE WRITING AND PUBLISHING PROGRAMS 50,000
    826 MICHIGAN
    1351 WINDER ST
    DETROIT,MI48207     		  PC WRITE NOW KITS 12,600
    ALLIED MEDIA PROJECTS
    4126 3RD AVENUE
    DETROIT,MI48201     		  PC SHAKESPEARE IN DETROIT - ARTISTIC AND VOCATIONAL TRAINING FOR DETROIT STUDENTS 50,000
    ALLIED MEDIA PROJECTS
    4126 3RD AVENUE
    DETROIT,MI48201     		  PC MOTOR CITY STREET DANCE ACADEMY - S.E.E.D. PROGRAM 50,000
    ALLIED MEDIA PROJECTS
    4126 3RD AVENUE
    DETROIT,MI48201     		  PC MOTOR CITY STREET DANCE ACADEMY - SOCIAL AND EMOTIONAL HEALTH SUPPORT FOR 2022 SUMMER YOUTH 7,875
    AMERICAN FRIENDS OF ORR SHALOM
    PO BOX 796
    BEIT SHEMESH   9985100
    IS     		  PC BEATING THE ODDS GRADUATE PROGRAM 150,000
    AMERICAN JEWISH COMMITTEE
    165 EAST 56TH STREET
    NEW YORK,NY10022     		  PC APPEAL FOR HUMAN RELATIONS 30,000
    ANTI-DEFAMATION LEAGUE
    823 UNITED NATIONS PLAZA
    NEW YORK,NY10158     		  PC DETROIT OFFICE OPERATIONS 500
    ANTI-DEFAMATION LEAGUE
    823 UNITED NATIONS PLAZA
    NEW YORK,NY10158     		  PC GENERAL OPERATING EXPENSES 30,000
    ANTI-DEFAMATION LEAGUE
    823 UNITED NATIONS PLAZA
    NEW YORK,NY10158     		  PC GENERAL SUPPORT FOR ADL'S MICHIGAN REGION 125,000
    ARTS & SCRAPS
    16135 HARPER AVE
    DETROIT,MI48224     		  PC STEM THROUGH CREATIVITY FOR BRILLIANT BRIGHTMOOR 42,500
    ARTS & SCRAPS
    16135 HARPER AVE
    DETROIT,MI48224     		  PC BRIGHTMOOR ART KITS PART 2 10,000
    ASSOCIATION OF BLACK FOUNDATION EXECUTIVES
    55 EXCHANGE PLACE 401
    NEW YORK,NY10005     		  PC 2022 MEMBERSHIP 5,000
    ASSOCIATION OF BLACK FOUNDATION EXECUTIVES
    55 EXCHANGE PLACE 401
    NEW YORK,NY10005     		  PC 2021 MEMBERSHIP 200
    ASSOCIATION OF FUNDRAISING PROFESSIONALS
    28226 DELTON ST
    MADISON HEIGHTS,MI48071     		  PC MARJORIE S FISHER FELLOWS 7,000
    ASSOCIATION OF FUNDRAISING PROFESSIONALS
    28226 DELTON ST
    MADISON HEIGHTS,MI48071     		  PC NATIONAL PHILANTHROPY DAY 2,500
    BIRTHRIGHT ISRAEL FOUNDATION
    33 E 33RD ST 7TH FLOOR
    NEW YORK,NY10016     		  PC BIRTHRIGHT ISRAEL 300,000
    B'NAI B'RITH HILLEL FOUNDATION AT OSU
    46 E 16TH AVE
    COLUMBUS,OH43201     		  PC THE MMF ISRAEL OUTREACH & ENGAGEMENT INITIATIVE 17,500
    B'NAI B'RITH HILLEL FOUNDATION AT OSU
    46 E 16TH AVE
    COLUMBUS,OH43201     		  PC BUILDING LEADERS OF TOMORROW 116,000
    BLACK LEADERS DETROIT
    8425 W MCNICHOLS RD
    DETROIT,MI48221     		  PC BIZ LOAN PARTNERSHIP 50,000
    BOYS & GIRLS CLUBS OF PALM BEACH COUNTY
    800 NORTH POINT PARKWAY
    WEST PALM BEACH,FL33407     		  PC MSF AND MMF ORGANIC GARDENS 47,900
    BRIGHTMOOR ALLIANCE
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC BQI MOBILE DIAPER DISTRIBUTION PROGRAM-COVID 19 RELIEF 208,971
    BRIGHTMOOR ALLIANCE
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC LIFT EVERYVOICE-BRIGHTMOOR UP! 31,500
    BRIGHTMOOR ALLIANCE
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC AFTERSCHOOL CLUB 31,500
    BRIGHTMOOR ALLIANCE
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC LIFT EVERY VOICE - BRIGHTMOOR UP! 120,000
    BRIGHTMOOR ALLIANCE
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC ARTS VILLAGE DETROIT ARTS FESTIVAL 2021 8,925
    BRIGHTMOOR ALLIANCE
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC BQI MOBILE DIAPER DISTRIBUTION PROGRAM 50,000
    BRILLIANT DETROIT
    5675 LARKINS ST
    DETROIT,MI48210     		  PC KID SUCCESS IN BRIGHTMOOR 150,000
    BRILLIANT DETROIT
    5675 LARKINS ST
    DETROIT,MI48210     		  PC MIDWIFERY CARE TO DETROIT FAMILIES 75,000
    CENTER FOR CHILD COUNSELING
    8895 NORTH MILITARY TRAIL STE 300
    PALM BEACH GARDENS,FL33410     		  PC PROMOTING HEALING AND RESILIENCE THROUGH ART THERAPY 25,000
    CHILDREN'S HOSPITAL OF MICHIGAN FOUNDATION
    3911 BEAUBIEN ST
    DETROIT,MI48201     		  PC 2022 BEHAVIORAL HEALTH SUMMIT 3,000
    CITY YEAR DETROIT
    1 FORD PLACE 1F
    DETROIT,MI48202     		  PC PROVIDING INTERVENTIONS AND SUPPORT-3RD GRADERS 130,000
    CITY YEAR DETROIT
    1 FORD PLACE 1F
    DETROIT,MI48202     		  PC WHOLE SCHOOL WHOLE CHILD AT GOMPERS ELEMENTARY MIDDLE SCHOOL 95,000
    COLLEGE FOR CREATIVE STUDIES
    201 E KIRBY ST
    DETROIT,MI48202     		  PC BRIGHTMOOR NEIGHBORHOOD ARTS 96,500
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - EXECUTIVE DIRECTOR FUND 50,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - FISHER-CUMMINGS FAMILY FUND 100,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - MARJORIE S. FISHER SUPPORT FUND 400,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - MARJORIE M. FISHER FUND 400,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - AMANDA FISHER FUND 50,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - ALISSANDRA ARONOW FUND 50,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC GENERAL SUPPORT - ANDREW SHERMAN FUND 50,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC FISHER FAMILY MATCHING GRANT 18,665
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC MARIAM NOLAND PUBLIC SPACES FUND 25,000
    COMMUNITY FOUNDATION OF SOUTHEAST MICHIGAN
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC MARIAM NOLAND AWARD FOR NONPROFIT LEADERSHIP 25,000
    COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNTIES
    700 SOUTH DIXIE HWY STE 200
    WEST PALM BEACH,FL33401     		  PC GENERAL SUPPORT - CUMMINGS RAFFERTY FAMILY FUND 50,000
    COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNTIES
    700 SOUTH DIXIE HWY STE 200
    WEST PALM BEACH,FL33401     		  PC GENERAL SUPPORT - FISHER-CUMMINGS FAMILY FUND 300,000
    COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNTIES
    700 SOUTH DIXIE HWY STE 200
    WEST PALM BEACH,FL33401     		  PC GENERAL SUPPORT - MARJORIE S FISHER FUND 600,000
    COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNTIES
    700 SOUTH DIXIE HWY STE 200
    WEST PALM BEACH,FL33401     		  PC ARTS & CULTURE REGRANT FUND 315,000
    COMMUNITY FOUNDATION FOR PALM BEACH & MARTIN COUNTIES
    700 SOUTH DIXIE HWY STE 200
    WEST PALM BEACH,FL33401     		  PC FAITH'S PLACE CAPACITY SUPPORT 15,075
    CONGREGATION BETH CHABAD
    278 MACK AVE
    DETROIT,MI48201     		  PC EX-PAT HOMECOMING 2,000
    COUNCIL OF MICHIGAN FOUNDATIONS
    ONE SOUTH HARBOR AVE
    GRAND HAVEN,MI49417     		  PC COLLABORATIVE MANAGER FOR THE EARLY CHILDHOOD FUNDERS COLLABORATIVE FOR SE MI 30,000
    COUNCIL OF MICHIGAN FOUNDATIONS
    ONE SOUTH HARBOR AVE
    GRAND HAVEN,MI49417     		  PC 2021 MEMBERSHIP 16,000
    COUNCIL OF MICHIGAN FOUNDATIONS
    ONE SOUTH HARBOR AVE
    GRAND HAVEN,MI49417     		  PC 2021 ANNUAL CONFERENCE 15,000
    COUNCIL ON FOUNDATIONS
    2121 CRYSTAL DRIVE SUITE 700
    ARLINGTON,TX22202     		  PC 2022 MEMBERSHIP 15,000
    CRANBROOK EDUCATIONAL COMMUNITY
    39221 WOODWARD AVE
    BLOOMFIELD HILLS,MI48304     		  PC ART REACH KITS 47,960
    CULTURE SOURCE
    3434 RUSSELL STREET
    DETROIT,MI48207     		  PC GENERAL SUPPORT 25,000
    CULTURE SOURCE
    3434 RUSSELL STREET
    DETROIT,MI48207     		  PC ARTS & CULTURE CONVENING 11,811
    CULTURE SOURCE
    3434 RUSSELL STREET
    DETROIT,MI48207     		  PC ARTS EQUIPMENT AND SUPPLIES AND BUS GRANT MINIGRANTS 30,000
    CULTURE SOURCE
    3434 RUSSELL STREET
    DETROIT,MI48207     		  PC ARTS PO GROUP 5,000
    DETROIT CHAMBER WINDS
    24901 NORTHWESTERN HWY
    SOUTHFIELD,MI48075     		  PC COMMUNITY ENGAGEMENT & ARTOPS SUSTAINABILITY 9,000
    DETROIT EDUCATIONAL TELEVISION FOUNDATION WTVS
    1 CLOVER CT
    WIXOM,MI48393     		  PC POST-PANDEMIC EDUCATIONAL SUPPORT IN BRIGHTMOOR 300,000
    DETROIT PARENT NETWORK
    726 LOTHROP ROAD
    DETROIT,MI48202     		  PC EARLY CHILDHOOD ENRICHMENT AND ENGAGEMENT BQI FIELD TRIPS 71,673
    DETROIT SYMPHONY ORCHESTRA
    3711 WOODWARD AVENUE
    DETROIT,MI48201     		  PC SUPPORT FOR ANNUAL OPERATIONS 2021-2022 100,000
    DETROIT SYMPHONY ORCHESTRA
    3711 WOODWARD AVENUE
    DETROIT,MI48201     		  PC SUPPLEMENTAL SUPPORT FOR CYE SPRING 2021 7,200
    DETROIT SYMPHONY ORCHESTRA
    3711 WOODWARD AVENUE
    DETROIT,MI48201     		  PC COMPREHENSIVE CAPACITY BUILDING 115,000
    DETROIT SYMPHONY ORCHESTRA
    3711 WOODWARD AVENUE
    DETROIT,MI48201     		  PC THE WHOLE CHILD 75,000
    DETROIT SYMPHONY ORCHESTRA
    3711 WOODWARD AVENUE
    DETROIT,MI48201     		  PC BLUEPRINT 2.0 250,000
    DETROIT ZOOLOGICAL SOCIETY
    8450 W 10 MILE ROAD
    ROYAL OAK,MI48067     		  PC BUILDING CAPACITY IN FUND DEVELOPMENT AT THE DETROIT ZOO 50,000
    DEVELOPMENT CENTERS
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC CAPACITY BUILDING PHASE III 129,500
    DEVELOPMENT CENTERS
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC BRIGHTMOOR CHILDCARE QUALITY INITIATIVE 24,231
    DEVELOPMENT CENTERS
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC BRIGHTMOOR CHILDCARE QUALITY INITIATIVE 281,649
    DEVELOPMENT CENTERS
    17421 TELEGRAPH
    DETROIT,MI48219     		  PC BQI HOLIDAY PROGRAM 23,400
    DEVELOPMENT KINGDOMS IN DIFFERENT STAGES
    19321 W CHICAGO ST 107
    DETROIT,MI48228     		  PC THE ART MAKERS OF DEVELOPING KIDS 23,150
    COACHING DETROIT FORWARD
    1514 WASHINGTON BLVD STE 203
    DETROIT,MI48226     		  PC PHOTOGRAPHY CAMP 24,761
    EVERYBODY READY
    13305 REECK CT SUITE 120
    SOUTHGATE,MI48195     		  PC COVID URGENT REQUEST TO SUPPORT EARLY CHILDHOOD EDUCATION BUSINESSES IN BRIGHTMOOR 250,000
    FAR CONSERVATORY OF THERAPUETIC AND PERFORMING ARTS
    1669 W MAPLE RD
    BIRMINGHAM,MI48009     		  PC MUSIC THERAPY FOR WAYNE COUNTY CLIENTS WITH SPECIAL NEEDS 24,465
    FORGOTTEN HARVEST
    21800 GREENFIELD
    OAK PARK,MI48237     		  PC BRIGHTMOOR MOBILE PANTRY PROGRAM 100,000
    FOUNDATION FOR DETROIT'S FUTURE CO CFSEM
    333 WEST FORT STREET
    DETROIT,MI48226     		  PC DETROIT INSTITUTE OF ART SETTLEMENT 125,000
    FRESH AIR SOCIETYTAMARACK CAMPS
    6735 TELEGRAPH RD 380
    BLOOMFIELD HILLS,MI48301     		  PC J-AIR JEWISH ARTIST IN RESIDENCE PROGRAM 75,000
    GLEANERS COMMUNITY FOOD BANK
    2131 BEAUFAIT
    DETROIT,MI48207     		  PC BRIGHITMOOR CONNECTION FOOD PANTRY 183,100
    GLOBAL IMPACT INVESTING NETWORK
    ONE BATTERY PARK PLAZA 202
    NEW YORK,NY10004     		  PC 2021 MEMBERSHIP 4,125
    GLOBAL IMPACT INVESTING NETWORK
    ONE BATTERY PARK PLAZA 202
    NEW YORK,NY10004     		  PC IMPACT LAB 25,000
    GRANTMAKERS FOR EDUCATION
    400 SE 103RD DR 33348
    PORTLAND,OR97216     		  PC 2021 MEMBERSHIP 4,200
    GRANTMAKERS FOR EFFECTIVE ORGANIZATIONS
    1310 L STREET NW 650
    WASHINGTON,DC20005     		  PC 2021 MEMBERSHIP 7,390
    HILLEL OF METRO DETROIT
    5221 GULLEM MALL 667
    DETROIT,MI48202     		  PC ISRAEL FELLOWSHIP PROGRAM 180,000
    HILLEL OF METRO DETROIT
    5221 GULLEM MALL 667
    DETROIT,MI48202     		  PC GENERAL SUPPORT 500
    HILLEL THE FOUNDATION FOR JEWISH CAMPUS LIFE
    360 CHARLES ST
    EAST LANSING,MI48823     		  PC GENERAL SUPPORT 500
    HOPE STARTS HERE
    3011 W GRAND BLVD 1715
    DETROIT,MI48202     		  PC 2021 ANNUAL CONFERENCE 10,000
    HOPE STARTS HERE
    3011 W GRAND BLVD 1715
    DETROIT,MI48202     		  PC DETROIT COMPREHENSIVE EARLY CHILDHOOD FISCAL ANALYSIS 70,000
    ILLINOIS FINANCE FUND
    3011 W GRAND BLVD FISHER BLDG
    DETROIT,MI48202     		  PC HOPE STARTS HERE IMPLEMENTATION 145,000
    ILLINOIS FINANCE FUND
    3011 W GRAND BLVD FISHER BLDG
    DETROIT,MI48202     		  PC BQI INDOOR/OUTDOOR PROGRAMMATIC FACILITY IMPROVEMENTS EXTENSION 480,000
    IMPACT ASSETS
    4340 EAST-WEST HIGHWAY 210
    BETHESDA,MD20814     		  PC PHILLIP WM. FISHER IMPACT DAF 50,000
    IMPACT ISRAEL
    4340 EAST-WEST HIGHWAY 202
    BETHESDA,MD20814     		  PC ISRAELITE YOUNG WOMEN'S LEADERSHIP PROGRAM 50,000
    INDEPENDENT SECTOR
    PO BOX 5007
    MERRIFIELD,VA22116     		  PC 2021-22 MEMBERSHIP 11,000
    INSIDEOUT LITERARY ART PROJECT
    2111 WOODWARD AVE
    DETROIT,MI48201     		  PC CAPACITY BUILDING INVESTING IN STAFF 30,000
    INSIDEOUT LITERARY ART PROJECT
    2111 WOODWARD AVE
    DETROIT,MI48201     		  PC WORLD TRAVELERS 54,000
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVE
    NEW YORK,NY10017     		  PC YOUTH ALIYAH VILLAGE/KIRYAT YEARIM 220,000
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVE
    NEW YORK,NY10017     		  PC ALMA PRE-ARMY ACADEMY 78,066
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVE
    NEW YORK,NY10017     		  PC ETHIOPIAN-ISRAEL FAMILY REUNIFICATION 100,000
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVE
    NEW YORK,NY10017     		  PC HEARTBEATS 440,000
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVE
    NEW YORK,NY10017     		  PC MASA ISRAEL TEACHING FELLOWS 250,000
    JEWISH AGENCY FOR ISRAEL
    633 THIRD AVE
    NEW YORK,NY10017     		  PC EMERGENCY FUNDING FOR JAFI STAFF IN THE SOUTH 97,100
    JEWISH COMMUNITY CENTER
    2935 BIRCH HOLLOW DR
    ANN ARBOR,MI48108     		  PC PJ LIBRARY IN DETROIT 100,000
    JEWISH COMMUNITY CENTER
    2935 BIRCH HOLLOW DR
    ANN ARBOR,MI48108     		  PC JEWISH ARTIST IN RESIDENCE PROGRAM 5,000
    JEWISH FEDERATION OF METRO DETROIT
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC 2021 ANNUAL CONTRIBUTION 1,250,000
    JEWISH FEDERATION OF METRO DETROIT
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC DAVID AND ELLEN SHERMAN FAMILY PHILANTHROPY FUND 50,000
    JEWISH FEDERATION OF METRO DETROIT
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC J LIFE 125,000
    JEWISH FEDERATION OF METRO DETROIT
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC START HERE PROGRAM 500
    JEWISH FEDERATION OF METRO DETROIT
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC KEEPING OUR COMMUNITY SAFE 100,000
    JEWISH FEDERATIONS OF NORTH AMERICA
    25 BROADWAY
    NEW YORK,NY10004     		  PC SPACE-NATIONAL PROJECT-ETHIOPIAN COMMUNITY IN ISRAEL 100,000
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET
    NEW YORK,NY10001     		  PC 2022 MEMBERSHIP 20,000
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET
    NEW YORK,NY10001     		  PC DONOR ADVISED FUND ISRAEL 150,000
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET
    NEW YORK,NY10001     		  PC 2021 EDUCATIONAL OPPORTUNITIES 30,000
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET
    NEW YORK,NY10001     		  PC JEWISH TEEN FUNDERS NETWORK 122,500
    JEWISH FUNDERS NETWORK
    150 WEST 30TH STREET
    NEW YORK,NY10001     		  PC YOUTH VILLAGE GIVING CIRCLE 35,500
    JEWISH JUMPSTART
    1801 AVE OF THE STARS
    LOS ANGELES,CA90067     		  PC INVEST FOR BETTER 39,765
    JPRO NETWORK
    25 BROADWAY 1700
    NEW YORK,NY10004     		  PC 2021 MEMBERSHIP 1,000
    JPRO NETWORK
    25 BROADWAY 1700
    NEW YORK,NY10004     		  PC 2022 MEMBERSHIP 1,000
    LIVING ARTS
    8701 W VERNOR
    DETROIT,MI48209     		  PC BUILDING CAPACITY TO TRANSFORM DETROIT YOUTH, EDUCATORS AND FAMILIES 20,000
    LIVING ARTS
    8701 W VERNOR
    DETROIT,MI48209     		  PC STRENGTHENING DETROIT EDUCATORS, FAMILIES AND YOUNG CHILDREN 100,000
    MARYLAND PHILANTHROPY
    1600 W 14TH ST 700
    BALTIMORE,MD21211     		  PC BIZ LOAN PARTNERSHIP 50,000
    MICHIGAN LEAGUE FOR PUBLIC POLICY
    1223 TURNER RD SUITE G1
    LANSING,MI48906     		  PC 2021 ANNUAL MEETING AND POLICY FORUM 5,000
    MICHIGAN LEAGUE FOR PUBLIC POLICY
    1223 TURNER RD SUITE G1
    LANSING,MI48906     		  PC KIDS COUNT IN MICHIGAN 100,000
    MICHIGAN NONPROFIT ASSOCIATION
    1048 PIERPONT DRIVE
    LANSING,MI48912     		  PC 2021 MEMBERSHIP 11,100
    MICHIGAN NONPROFIT ASSOCIATION
    1048 PIERPONT DRIVE
    LANSING,MI48912     		  PC NEIGHBORHOOD VITALITY INDEX 18,000
    MICHIGAN NONPROFIT ASSOCIATION
    1048 PIERPONT DRIVE
    LANSING,MI48912     		  PC NEIGHBORHOOD VITALITY INDEX 25,000
    MICHIGAN OPERA THEATRE
    1526 BROADWAY
    DETROIT,MI48226     		  PC 2021-2022 GENERAL OPERATIONS 50,000
    MICHIGAN OPERA THEATRE
    1526 BROADWAY
    DETROIT,MI48226     		  PC INCREASING CAPACITY TO IMPROVE PATRON EXPERIENCE 30,000
    MICHIGAN STATE UNIVERSITY
    3408 WOODWARD AVE
    DETROIT,MI48201     		  PC KEY OF D KIDS 56,000
    MISSION INVESTORS EXCHANGE
    2440 WEST EL CAMINO REAL 300
    MOUNTAIN VIEW,CA94040     		  PC 2022 MEMBERSHIP 15,000
    MISSION INVESTORS EXCHANGE
    2440 WEST EL CAMINO REAL 300
    MOUNTAIN VIEW,CA94040     		  PC 2022 NATIONAL CONFERENCE SPONSORSHIP 10,000
    MOSAIC YOUTH THEATER OF DETROIT
    610 ANTIONETTE ST
    DETROIT,MI48202     		  PC MOSAIC BRIGHTMOOR DISCOVER 70,000
    MOSAIC YOUTH THEATER OF DETROIT
    610 ANTIONETTE ST
    DETROIT,MI48202     		  PC MOSAIC CAPACITY BUILDING 20,000
    MOTOWN HISTORICAL MUSEUM
    2648 WEST GRAND BLVD
    DETROIT,MI48208     		  PC STAFFING CAPACITY 20,000
    MOTOWN HISTORICAL MUSEUM
    2648 WEST GRAND BLVD
    DETROIT,MI48208     		  PC HITSVILLE NEXT SUMMER PROGRAMS 50,000
    MOTOWN HISTORICAL MUSEUM
    2648 WEST GRAND BLVD
    DETROIT,MI48208     		  PC EMERGENCY FLOODING SUPPORT 50,000
    MUSEUM OF AFRICAN AMERICAN HISTORY
    315 E WARREN AVE
    DETROIT,MI48201     		  PC EXPANSION OF CAMP AFRICA YOUTH PROGRAM 50,000
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1101 CONNECTICUT
    WASHINGTON,DC20001     		  PC LEADERSHIP CIRCLE 2022 10,000
    NATIONAL COMMITTEE FOR RESPONSIVE PHILANTHROPY
    1331 H ST NW SUITE 200
    WASHINGTON,DC20005     		  PC 2022 MEMBERSHIP 4,500
    NEW DETROIT
    535 GRISWOLD 2500
    DETROIT,MI48226     		  PC PROFESSIONAL DEVELOPMENT 10,000
    NEW DETROIT
    535 GRISWOLD 2500
    DETROIT,MI48226     		  PC JUST LEAD 20,000
    NORTON MUSEUM OF ART
    1450 S DIXIE HWY
    WEST PALM BEACH,FL33401     		  PC 2021-2022 ART KITS 20,000
    OHIO STATE UNIVERSITY FOUNDATION
    364 W LANE AVE
    COLUMBUS,OH43201     		  PC ATHLETIC ADVANCEMENT FUND 1,000
    OHIO STATE UNIVERSITY FOUNDATION
    364 W LANE AVE
    COLUMBUS,OH43201     		  PC FISHER FORWARD: CHANGEMAKERS 20,050
    OHIO STATE UNIVERSITY FOUNDATION
    364 W LANE AVE
    COLUMBUS,OH43201     		  PC ATHLETIC ADVANCEMENT FUND 1,000
    OLD NEWSBOYS' GOODFELLOW FUND
    PO BOX 44444
    DETROIT,MI48244     		  PC SUPPORT OF GENERAL OPERATIONS 1,000
    OPENDOR MEDIA
    11110 W OAKLAND PARK BLVD 288
    SUNRISE,FL33351     		  PC UNPACKED FOR EDUCATORS DIGITAL RESOURCE 100,000
    ORT AMERICA
    75 MAIDEN LANE 10TH FL
    NEW YORK,NY10038     		  PC YOUNIVERSITY ROBOTICS 71,000
    PEAK GRANTMAKING
    1666 K STREET NW 440
    WASHINGTON,DC20006     		  PC 2021 MEMBERSHIP 3,000
    PEAK GRANTMAKING
    1666 K STREET NW 440
    WASHINGTON,DC20006     		  PC 2022 MEMBERSHIP 3,000
    PEWABIC SOCIETY THE
    10125 EAST JEFFERSON
    DETROIT,MI48214     		  PC CERAMIC ARTS APPRENTICESHIP PROGRAM 25,000
    REPAIR THE WORLD
    555 8TH AVE RM 1703
    NEW YORK,NY10018     		  PC GENERAL OPERATIONS DETROIT OFFICE 500
    SALVATION ARMY SE MICHIGAN CHAPTER
    16130 NORTHLAND DRIVE
    SOUTHFIELD,MI48075     		  PC SUPPORT OF GENERAL OPERATIONS 5,000
    SALVATION ARMY SE MICHIGAN CHAPTER
    16130 NORTHLAND DRIVE
    SOUTHFIELD,MI48075     		  PC SUPPORT OF GENERAL OPERATIONS 5,000
    SOUTH FLORIDA SCIENCE CENTER
    4801 DREHER TRAIL N
    WEST PALM BEACH,FL33405     		  PC STEM KITS 40,000
    SPHINX ORGANIZATION
    400 RENAISSANCE CENTER
    DETROIT,MI48243     		  PC SPHINX OVERTURE-BRIGHTMOOR 125,000
    THE HEAT AND WARMTH FUND
    607 SHELBY
    DETROIT,MI48226     		  PC BRIGHTMOOR UTILITY ASSISTANCE AND EFFICIENCY PROGRAM 150,000
    THE HEIDELBERG PROJECT
    1005 PARKER ST
    DETROIT,MI48214     		  PC CAPACITY BUILDING FOR HP 3.O 25,000
    THE HEIDELBERG PROJECT
    1005 PARKER ST
    DETROIT,MI48214     		  PC HEIDELBERG ARTS LEADERSHIP ACADEMY 60,000
    THE IMPACT SOCIETY
    135 MADISON AVE 8TH FL
    NEW YORK,NY10016     		  PC 2021 CONFERENCE SPONSORSHIP 25,000
    THE MIAMI FOUNDATIONLIVE COAL GALLERY
    40 NW 3RD ST 305
    MIAMI,FL33128     		  PC LIVE COAL 2021-2022 32,000
    THE SHABBAT PROJECT
    79 MADISON AVE
    NEW YORK,NY10016     		  PC ONE TABLE DETROIT 35,000
    THE SHUL
    6890 W MAPLE RD
    WEST BLOOMFIELD,MI48322     		  PC JUDAISM WITHOUT BORDERS 65,000
    UNITED JEWISH FOUNDATION
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC GENERAL SUPPORT - JANE AND LARRY SHERMAN FAMILY FOUNDATION 400,000
    UNITED JEWISH FOUNDATION
    6735 TELEGRAPH
    BLOOMFIELD HILLS,MI48303     		  PC GENERAL SUPPORT - PHILLIP WM FISHER SUPPORT FOUNDATION 400,000
    UNITED NEGRO COLLEGE FUND
    3031 W GRAND BLVD
    DETROIT,MI48202     		  PC GENERAL SUPPORT 5,000
    UNITED NEGRO COLLEGE FUND
    3031 W GRAND BLVD
    DETROIT,MI48202     		  PC GENERAL SUPPORT 5,000
    UNITED WAY FOR SOUTHEASTERN MICHIGAN
    660 WOODWARD AVE 300
    DETROIT,MI48226     		  PC GENERAL SUPPORT 75,000
    UNITED WAY FOR SOUTHEASTERN MICHIGAN
    660 WOODWARD AVE 300
    DETROIT,MI48226     		  PC MOBILE VACCINATION PROGRAM 25,000
    UNIVERSITY OF MICHIGAN HILLEL
    1429 HILL ST
    ANN ARBOR,MI48104     		  PC GENERAL SUPPORT 500
    UNIVERSITY OF MICHIGAN
    500 S STATE ST
    ANN ARBOR,MI48109     		  PC EVALUATION OF BQI 50,000
    WELLSPRING
    16742 LAMPHERE ST
    DETROIT,MI48219     		  PC BRIGHTMOOR LITERACY EXPANSION 120,000
    WELLSPRING
    16742 LAMPHERE ST
    DETROIT,MI48219     		  PC LIFT AS WE CLIMB BRIGHTMOOR 65,000
    WELLSPRING
    16742 LAMPHERE ST
    DETROIT,MI48219     		  PC KUMON TUTORING 15,000
    YAD EZRA
    2850 W 11 MILE RD
    BERKLEY,MI48072     		  PC STAY CONNECTED - CELEBRATING THE JEWISH HOLIDAYS PROGRAM 65,000
    THE YUNION INC
    1129 OAKMAN BLVD
    DETROIT,MI48238     		  PC KEYS 2 LIFE PERFORMING ARTS SUMMER CAMP 25,000
    AMOUNTS REPORTED ON K-1S
    VARIOUS
    VARIOUS   99999
    OC     		  PC GENERAL PURPOSE GRANT 1,318
    Total .................................bullet 3a 14,314,725
    bApproved for future payment
    JEWISH FEDERATIONS OF NORTH AMERICA
    25 BROADWAY
    NEW YORK,NY10004     		  PC ENP SPACE 375,000
    REGENTS OF UNIVERSITY OF MICHIGAN
    500 S STATE ST
    ANN ARBOR,MI48109     		  PC YOUTH POLICY LAB MICHIGAN DATA 208,027
    Total .................................bullet 3b 583,027
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments ....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		531390 410,628 18 57,773,740  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aOTHER INCOME - PRI     		      6,225 84,741
    bROYALTY INCOME FROM K-1     15 87,867  
    cACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND     14 69,281  
    dAETHER REAL ASSETS I LP 531390 65,785      
    eAETHER REAL ASSETS I LP     14 -37,093  
    fAIO V AIV LP     14 5,312  
    gARTESIAN FARMS L3C 531390 -224      
    hAXIOM EMERGING MARKETS EQUITY FUND     14 -723,871  
    iBLACKSTONE RE PARTNERS V     14 -3,493  
    jBLACKSTONE RE PARTNERS V 531390 -1,975      
    kBLACKSTONE RE PARNTERS VI 531390 -12      
    lBLACKSTONE RE PARTNERS VI     14 -1,947  
    mBLACKSTONE RE PARTNERS VI-NQ     14 538  
    nBLACKSTONE RE PARTNERS VI-NQ 531390 6,113      
    oBREP VII.F     14 -645  
    pBREP VII.F (AV-LH)     14 99  
    qBREP VII.F (AV-LH) 531390 -1,199      
    rBREP VII.F (AV-LH.2)     14 -226  
    sBREP VII.F (AV-LH.4) 531390 -4,182      
    tBREP VII.F (AV-LH.4)     14 -3,146  
    12 Subtotal. Add columns (b), (d), and (e) .. 249,324 60,655,705 84,741
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    60,989,770
    (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.)
    11 AMOUNTS REPRESENT INTEREST ON LOANS MADE TO ORGANIZATIONS WHOSE MISSION IS CONSISTENT WITH THAT OF THE FOUNDATION.
    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:  
    Part VI Line 7 - Tax Paid with the Original Return: 302,953


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2021 AccountingFeesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 83,826 54,487   56,826

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    TY 2021 DepreciationSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    LEASEHOLD IMPROVEMENTS 2008-01-01 208,238 69,407 SL 39.000000000000 5,339 0    
    TOSHIBA COPIER 2008-01-01 98 98 SL 7.000000000000 0 0    
    FAX MACHINE 2008-01-01 152 152 SL 7.000000000000 0 0    
    SHREDDER 2008-01-01 464 464 SL 7.000000000000 0 0    
    AUDIO, PHONE, SECURITY 2008-01-01 13,260 13,260 SL 7.000000000000 0 0    
    COMPUTER 2009-01-01 1,968 1,970 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2010-06-14 2,000 2,000 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2011-02-16 2,230 2,230 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2011-08-29 1,970 1,970 SL 5.000000000000 0 0    
    IPADS 2011-09-09 1,398 1,259 SL 5.000000000000 0 0    
    COMPUTER 2009-05-13 1,011 1,150 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2012-06-13 1,616 1,616 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2012-12-14 2,099 2,099 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2012-12-14 2,115 2,115 SL 5.000000000000 0 0    
    IPADS 2013-05-17 905 905 SL 5.000000000000 0 0    
    IPADS 2013-10-09 928 928 SL 5.000000000000 0 0    
    CHAIRS 2013-02-06 2,386 2,379 SL 5.000000000000 0 0    
    CONSTRUCTION 2014-04-01 40,006 34,844 SL 7.750000000000 5,162 0    
    IPAD 2014-11-13 881 881 SL 5.000000000000 0 0    
    LAPTOP COMPUTER 2014-11-13 1,190 1,190 SL 5.000000000000 0 0    
    OFFICE FURNITURE 2014-04-01 25,921 24,995 SL 7.000000000000 926 0    
    PHONES 2014-04-01 970 938 SL 7.000000000000 32 0    
    COPY ROOM MILLWORK 2015-08-13 2,296 1,939 SL 6.420000000000 357 0    
    HP ELITEBOOK COMPUTER 2015-03-16 1,533 1,533 SL 5.000000000000 0 0    
    HP ELITEBOOK COMPUTER 2015-11-19 2,363 2,363 SL 5.000000000000 0 0    
    HP ELITEBOOK COMPUTER 2016-03-01 2,555 2,470 SL 5.000000000000 85 0    
    HP ELITEBOOK COMPUTER 2016-10-14 2,789 2,371 SL 5.000000000000 418 0    
    HP ELITEBOOK COMPUTER 2016-12-21 2,904 2,372 SL 5.000000000000 532 0    
    COMPUTER 2017-05-19 2,589 1,899 SL 5.000000000000 518 0    
    HP ELITEBOOK COMPUTER 2018-02-22 2,908 1,697 SL 5.000000000000 582 0    
    IPAD 2018-03-12 528 300 SL 5.000000000000 106 0    
    MICROSOFT SURFACE LAPTOP 2018-07-13 2,744 1,372 SL 5.000000000000 549 0    
    COMPUTER 2018-08-16 2,431 1,175 SL 5.000000000000 486 0    
    NBS - OFFICE FURNITURE 2018-08-23 10,694 3,693 SL 7.000000000000 1,528 0    
    ADDITIONAL PHONES 2018-09-10 1,937 646 SL 7.000000000000 277 0    
    CABINET INSTALLATION 2019-08-01 4,311 2,523 SL 2.420000000000 1,788 0    
    MICROSOFT SURFACE PRO 6 2019-03-22 2,127 780 SL 5.000000000000 426 0    
    HP ELITEBOOK 850 G4 2019-05-03 2,101 700 SL 5.000000000000 421 0    
    IPAD AND CASE 2019-07-15 498 150 SL 5.000000000000 100 0    
    MICROSOFT SURFACE PRO 6 2019-10-23 2,095 524 SL 5.000000000000 419 0    
    APPLE IPAD WITH ACCESSORIES 2020-09-24 658 44 SL 5.000000000000 132 0    
    HP 450 LAPTOP FOR KENYA AND CAMARRAH 2020-12-31 2,613 44 SL 5.000000000000 523 0    
    HP 450 LAPTOP FOR ADMINISTRATIVE ASSISTANT 2021-03-22 1,573   SL 5.000000000000 263 0    
    DOCKING STATION FOR HP LAPTOP 2021-12-31 683   SL 5.000000000000 11 0    

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    TY 2021 ExpenditureResponsibilityStmt
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    REBEL NELL L3C
          		1401 VERMONT ST
    DETROIT,MI48216     		2017-12-01 195,000 THE FOUNDATION DID NOT MAKE A GRANT TO THIS NONCHARITABLE ORGANIZATION. HOWEVER, IT DID MAKE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO THE ORGANIZATION TO EMPLOY AND PROVIDE LIFE SKILLS TRAINING TO FORMERLY HOMELESS WOMEN IN DETROIT AND PROVIDE EDUCATION IN FINANCIAL LITERACY, BUSINESS EDUCATION, HEALTH AND WELLNESS, AND EMPOWER THEM TO TRANSITION TO INDEPENDENT LIFE. 195,000 NO JANUARY, 2019; MAY, 2020; MAY, 2021; MARCH, 2022    
    DETROIT COMMUNITY LOAN FUND
          		333 W FORT ST STE 2010
    DETROIT,MI48226     		2017-05-12 2,000,000 THE FOUNDATION DID NOT MAKE A GRANT TO THIS NONCHARITABLE ORGANIZATION. HOWEVER, IT DID MAKE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO THE ORGANIZATION TO SUPPORT NEW AND GROWING BUSINESSES IN THE CITY OF DETROIT. 2,000,000 NO AUGUST, 2019; MAY, 2020; MAY, 2021; MARCH, 2022    
    REBEL NELL L3C
          		1401 VERMONT ST
    DETROIT,MI48216     		2018-12-17 195,000 THE FOUNDATION DID NOT MAKE A GRANT TO THIS NONCHARITABLE ORGANIZATION. HOWEVER, IT DID MAKE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO THE ORGANIZATION TO EMPLOY AND PROVIDE LIFE SKILLS TRAINING TO FORMERLY HOMELESS WOMEN IN DETROIT AND PROVIDE EDUCATION IN FINANCIAL LITERACY, BUSINESS EDUCATION, HEALTH AND WELLNESS, AND EMPOWER THEM TO TRANSITION TO INDEPENDENT LIFE. 195,000 NO MAY, 2020; MAY, 2021; MARCH, 2022    
    DETROIT TRAINING CENTER
          		5151 LORAINE STREET
    DETROIT,MI48208     		2020-05-18 350,000 THE FOUNDATION DID NOT MAKE A GRANT TO THIS NONCHARITABLE ORGANIZATION. HOWEVER, IT DID MAKE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO THE ORGANIZATION TO DEVELOP WORKFORCE TRAINING PROGRAMS IN THE CONSTRUCTION INDUSTRY FOR THOSE WITH VARIOUS BARRIERS TO EMPLOYMENT. 350,000 NO MAY, 2021; MARCH, 2022    
    OGEN-SOCIAL LOAN FUND
          		RIVKA 29 JERUSALEM
    IS     		2020-06-18 600,000 THE FOUNDATION DID NOT MAKE A GRANT TO THIS NONCHARITABLE ORGANIZATION. HOWEVER, IT DID MAKE A PROGRAM-RELATED INVESTMENT IN THE FORM OF A LOAN TO THE ORGANIZATION TO FURTHER PROVIDE LOANS TO FAMILIES IN NEED AND SMALL BUSINESSES THROUGHOUT ISRAEL. 300,000 NO MAY, 2021; MARCH, 2022    

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    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    OFFICE ASSETS 2005-06 PURCHASED 2021-12     208,238 COST 0 -133,486 74,752

    TY 2021 GeneralExplanationAttachment
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Identifier Return Reference Explanation
      PAGE 1, BOX G TAXPAYER'S STATEMENT IN SUPPORT OF A FINDING OF REASONABLE CAUSE WITH RESPECT TO LATE FILINGTAXPAYER RESPECTFULLY REQUESTS THE SERVICE DECLINE TO ASSESS PENALTIES WITH RESPECT TO TAXPAYER'S LATE FILING OF FORM 990 AND 990-T ("INFORMATION RETURN"), WHICH TAXPAYER EXPECTED WOULD BE INCLUDED WITH ITS FEDERAL TAX RETURN.IN CONNECTION WITH THE FILING OF TAXPAYER'S FEDERAL TAX RETURN IN OR AROUND NOVEMBER 2022, TAXPAYER ENGAGED PLANTE MORAN, PLLC, ONE OF THE NATION'S LARGEST CPA FIRMS AND TAX RETURN PREPARERS. TAXPAYER PROVIDED PLANTE MORAN WITH ALL NECESSARY INFORMATION TO COMPLETE THE INFORMATION RETURN, AND BEFORE THE DEADLINE, TAXPAYER WAS PROVIDED AHUMAN-READABLE VERSION OF TAXPAYER'S FEDERAL TAX RETURN, WHICH INCLUDED THE INFORMATION RETURN. TAXPAYER TIMELY AUTHORIZED PLANTE MORAN TO CAUSE TAXPAYER'S FEDERAL TAX RETURN TO BE ELECTRONICALLY SUBMITTED VIA WOLTERS KLUWER CCH AXCESS TAX SOFTWARE WITH THE BELIEF THAT THE INFORMATION RETURN WOULD BE INCLUDED, AND TAXPAYER UNDERSTANDS THE FEDERAL TAX RETURN WAS TIMELY-FILED.SUBSEQUENTLY, TAXPAYER WAS CONTACTED BY PLANTE MORAN IN FEBRUARY 2023, WHICH HAD BEEN CONTACTED BY CCH SHORTLY BEFORE FOR THE PURPOSE OF INFORMING PLANTE MORAN THAT TAXPAYER'S INFORMATION RETURN, AMONG OTHER SIMILARLY-SITUATED INFORMATION RETURNS FILED IN OR ABOUT NOVEMBER 2022, WAS NOT INCLUDED IN TAXPAYER'S FEDERAL TAX RETURN FILING DUE TO A PROGRAMMING ERROR IN THEIR E-FILE SOFTWARE. NEITHER TAXPAYER NOR PLANTE MORAN COULD HAVEKNOWN OF THE FAILURE, AS THE OMISSION OF THE INFORMATION RETURN WAS CONCEALED WITHIN AN ELECTRONIC FILE (XML FILE) TRANSMITTED TO THE IRS AND NOT PROVIDED FOR VIEW TO TAXPAYER OR PLANTE MORAN. TAXPAYER RELIED UPON CCH, THROUGH PLANTE MORAN, TO ENSURE THAT THE INFORMATION RETURN TAXPAYER BELIEVED WAS INCLUDED WITHIN THE FEDERAL TAX RETURN WOULD BE TIMELY-FILED. AT NO POINT IN THE PROCESS WAS TAXPAYER AWARE, NOR WAS IT POSSIBLE FOR TAXPAYER TO BECOME AWARE, THAT THE INFORMATION RETURN'S CONTENTS WERE NOT CONTAINED IN TAXPAYER'S FEDERAL TAX FILING UNTIL NOTIFICATION BY CCH TO PLANTE MORAN. TAXPAYER HAS TAKEN REASONABLE CORRECTIVE ACTION, INCLUDING FILING THE INFORMATIONRETURN WITHIN THIS AMENDED RETURN.TAXPAYER QUALIFIES FOR PENALTY ABATEMENT (OR A DETERMINATION BY THE SERVICE THAT PENALTIES SHOULD NOT APPLY), AS TAXPAYER HAS DEMONSTRATED "REASONABLE CAUSE." SECTION 6724 OF THE CODE PROVIDES THAT "[N]O PENALTY SHALL BE IMPOSED UNDER THIS PART WITH RESPECT TO ANY FAILURE IF IT IS SHOWN THAT SUCH FAILURE IS DUE TO REASONABLE CAUSE AND NOT TO WILLFUL NEGLECT." TREAS. REG. 301.6724-1(A)(1) FURTHER PROVIDES THAT "[T]HE PENALTY FOR A FAILURE RELATING TO AN INFORMATION REPORTING REQUIREMENT (AS DEFINED IN PARAGRAPH (J) OF THIS SECTION) IS WAIVED IF THE FAILURE IS DUE TO REASONABLE CAUSE AND IS NOT DUE TO WILLFUL NEGLECT."

    TY 2021 InvestmentsOtherSchedule2
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    11,974.349 SHS TFG HEDGE FUND II (FISHER FAIRWAY MASTER FUND LTD) FMV 13,811,722 13,811,722
    29,374.107 SHS TFG ARTEMIS VIII 2013 FUND LLC FMV 4,484,861 4,484,861
    21,944.706 SHS TFG EC III 2014 FUND LLC FMV 3,220,123 3,220,123
    41,098.401 SHS TFG ARA III 2013 FUND FMV 3,102,296 3,102,296
    3,829.517 SHS TFG WAKKR 2012 FUND LLC FMV 2,469,979 2,469,979
    12,537.425 SHS TFG VISTA 2014 FUND LLC FMV 4,642,420 4,642,420
    19,193.358 SHS TFG VISTA VI 2016 FUND FMV 5,486,704 5,486,704
    3,117,695.530 SHS ANCHORAGE ILLIQUID OPPORTUNITIES OFFSHORE V FMV 3,069,343 3,069,343
    1,922,890.570 SHS KINDERHOOK CAPITAL FUND IV-B FMV 1,985,098 1,985,098
    3,063.135 SHS TFG PAM III FMV 3,061,534 3,061,534
    9,526.031 TFG TRIDENT VI 2014 FUND LLC FMV 2,963,745 2,963,745
    1,734.720 SHS TFG MAGNETITE 2014 FUND LLC FMV 656,202 656,202
    13,533.642 SHS TFG ENERGY RIDGE 2013 FUND FMV 1,702,205 1,702,205
    1,199,807.800 SHS BLACKSTONE REAL ESTATE PARTNERS VII F FMV 1,238,326 1,238,326
    1,501,210.710 SHS THIRD & GRAND INVESTORS FMV 12,923,769 12,923,769
    17,336.033 SHS TFG RAM IV 2015 FUND FMV 3,180,939 3,180,939
    1,059,778.000 SHS GSO ENERGY SELECT OPPORTUNITIES FEEDER FUND FMV 1,079,327 1,079,327
    1,633,507.120 SHS BLACKSTONE REAL ESTATE PARTNERS VIII FMV 1,851,702 1,851,702
    2,774.272 SHS TFG NEWVEST SECONDARIES 2013 FUND FMV 1,321,001 1,321,001
    9,845.499 SHS TFG TRIEUROPROP 2013 FUND LLC FMV 881,138 881,138
    1,319,437.340 SHS TRIDENT V LP FMV 1,397,551 1,397,551
    16,804.101 SHS TFG AXIOS IV 2015 FUND FMV 3,209,993 3,209,993
    11,708.429 SHS TFG TRI EURO 2015 FUND 4 LLC FMV 1,781,411 1,781,411
    222.670 SHS TFG EXETER III 2013 FUND LLC FMV 1,311,845 1,311,845
    57,006.870 FPA APARTMENT OPPORTUNITY FUND V FMV 63,530 63,530
    12,873.260 SHS TFG ARBOR IV 2015 FUND FMV 2,922,661 2,922,661
    1,076,936.000 SHS STRATEGIC VALUE SPECIAL SITUATION FEEDER FUND II LP FMV 1,093,913 1,093,913
    973,543.180 SHS PRAIRIE CAPITAL V FMV 1,014,970 1,014,970
    13,160.591 TFG EXETER IV 2017 FUND FMV 2,951,276 2,951,276
    2,178,840.380 SHS FPA APARTMENT OPPORTUNITY FUND VI FMV 2,141,317 2,141,317
    624,459.620 SHS METROPOLITAN REAL ESTATE PARTNERS INT IV LP FMV 617,088 617,088
    8,544.000 SHS NEW MOUNTAIN PARTNERS III FMV 21,242 21,242
    497,350.000 SHS AETHER INVESTEMENT PARTNERS FMV 509,629 509,629
    9,516.279 SHS TFG 2011 ARA II FUND LLC FMV 612,202 612,202
    29,799.783 SHS TFG ENERGY RIDGE III 2015 FUND FMV 2,123,882 2,123,882
    303,821.050 SHS FORTRESS CREDIT OPPS FUND B LP FMV 283,076 283,076
    11,754.515 TFG KINDER V 2017 FUND FMV 2,829,903 2,829,903
    10,267.120 SHS TFG 2012 EC MEZZ FUND FMV 638,351 638,351
    924.881 SHS TFG MGRE FUND 2013 LLC FMV 161,507 161,507
    815.712 SHS TFG ARTEMIS FUND LLC FMV 529,588 529,588
    10,430.807 SHS TFG RAISED CITY 2018 FUND FMV 774,326 774,326
    510,382.730 SHS TFG RAM RE FUND LLC FMV 566,783 566,783
    345,545.000 SHS SCULPTOR REAL ESTATE FUND III FMV 365,008 365,008
    13,892.131 SHS TFG ELAB II 2017 FUND FMV 2,325,210 2,325,210
    90,831.650 SHS BLACKSTONE VI FMV 94,551 94,551
    625,805.000 SHS DETROIT VENTURE PARTNERS LP FMV 628,751 628,751
    31,415.005 SHS TFG HURON 2016 FUND FMV 1,825,649 1,825,649
    101,311.520 SHS BLACKSTONE REAL ESTATE PARTNERS V TE 2 LP FMV 103,560 103,560
    24,347.000 SHS ENERGY CAPITAL TE-L INDIRECT FMV 23,118 23,118
    30,499.919 SHS TFG AXIOS V 2018 FUND FMV 4,455,522 4,455,522
    109,146.720 SHS METROPOLITAN REAL ESTATE PARTNERS INT II FMV 101,464 101,464
    3,302.315 SHS TFG RAM V 2018 FUND FMV 574,901 574,901
    91,472.000 SHS ENERGY CAPITAL TE-L DIRECT FMV 85,222 85,222
    11.286 SHS TFG EXETER INDUSTRIAL VALUE FUND II LP FMV 67,746 67,746
    6,741 SHS SQUARE MILE PARTNERS III LP FMV 13,812 13,812
    20,914.162 SHS TFG EUROPEAN RE FUND LLC FMV 21,532 21,532
    1,508,320.780 SHS FPA APARTMENT OPPORTUNITY FUND VII FMV 1,540,164 1,540,164
    32,541.281 SHS TFG TRI EURO 2018 FUND 5 FMV 1,366,833 1,366,833
    2,911,634.000 SHS GOLDENTREE DISTRESSED FUND III (CAYMAN) FMV 2,995,545 2,995,545
    77,881.629 SHS TFG ARBOR V 2019 FUND FMV 1,908,166 1,908,166
    22,804.901 SHS TFG ARTEMIS IX 2017 FUND FMV 2,868,652 2,868,652
    12,870.685 SHS TFG BAR ASIA VII FUND 2018 FMV 2,300,916 2,300,916
    31,345.086 SHS TFG CHERRY LAKE FUND FMV 9,318,174 9,318,174
    8,924.029 SHS TFG OCEANS IV 2019 FUND FMV 1,443,070 1,443,070
    22,189.751 SHS TFG PONT SK 2019 FUND FMV 2,754,982 2,754,982
    8,554,317.900 SHS THOMA BRAVO FUND XIII FMV 8,653,688 8,653,688
    34,314.195 SHS TFG BRAVO XIV 2020 FUND FMV 3,442,861 3,442,861
    9,848.751 TFG PAM V 2020 FUND FMV 809,266 809,266
    ILLUMEN CAPITAL II LP FMV 62,907 62,907
    2,791,935.000 SHS NB CREDIT OPP II CAYMAN FEEDER FMV 2,959,135 2,959,135
    107,064.000 SHS PICO VENTURE PARTNERS III FMV 372,900 372,900
    545,643.202 SHS MFS EMERGING MARKTS DEBT-I FMV 7,901,475 7,901,475
    1,621,722.760 SHS NEUBERGER BERMAN HIGH INC BOND FMV 14,141,421 14,141,421
    5,712,346.330 SHS ACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND FMV 5,712,345 5,712,345
    5,163,475.470 SHS AXIOM EMERGING MARKETS EQUITY FUND FMV 5,163,474 5,163,474
    201,096.000 SHS ISHARES ESG AWARE MSCI USA FMV 21,698,257 21,698,257
    FDTN TIAA CREF CORE IMPACT BOND FMV 45,492,335 45,492,335
    FDTN NB SUSTAINABLE RESEARCH OPPORTUNITIES FMV 31,065,649 31,065,649
    FDTN CLARKSTON SMALL CAPITAL QUALITY VALUE FMV 6,959,326 6,959,326
    FDTN KAYNE ANDERSON SMALL CAP GROWTH FMV 5,931,822 5,931,822
    FDTN NB INTERNATIONAL EQUITY ADR FMV 15,657,125 15,657,125
    FDTN WCM INTERNATIONAL FOCUSED GROWTH FMV 10,717,757 10,717,757

    TY 2021 LandEtcSchedule2
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    OFFICE EQUIPMENT 41,908 35,419 6,489 6,489
    COMPUTERS 56,003 45,668 10,335 10,335


    TY 2021 LegalFeesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 88,959 0   91,828


    TY 2021 OtherAssetsSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PROGRAM-RELATED INVESTMENTS 4,654,561 5,141,592 5,141,592
    ARTWORK 87,500 87,500 87,500


    TY 2021 OtherDecreasesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Description Amount
    K-1 INCOME/LOSS 55,479,022


    TY 2021 OtherExpensesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EMPLOYEE TRAINING 33,113 0   33,113
    MISCELLANEOUS EXPENSES 14,375 0   -272,538
    TELEPHONE EXPENSE 11,757 0   11,757
    POSTAGE 1,841 0   1,841
    INFORMATION SYSTEMS 8,088 0   8,088
    GRANT TRACKING SOFTWARE 58,463 0   58,463
    CONTRIBUTION SPONSORSHIPS EXPENSE 7,382 0   7,382


    TY 2021 OtherIncomeSchedule2
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INCOME - PRI 90,966 90,966 90,966
    ROYALTY INCOME FROM K-1 87,867 87,867 87,867
    ACADIAN EMERGING MARKETS SMALL CAP EQUITY FUND 69,281 69,281 69,281
    AETHER REAL ASSETS I LP 65,785 0 65,785
    AETHER REAL ASSETS I LP -37,093 -37,093 -37,093
    AIO V AIV LP 5,312 5,312 5,312
    ARTESIAN FARMS L3C -224 0 -224
    AXIOM EMERGING MARKETS EQUITY FUND -723,871 -723,871 -723,871
    BLACKSTONE RE PARTNERS V -3,493 -3,493 -3,493
    BLACKSTONE RE PARTNERS V -1,975 0 -1,975
    BLACKSTONE RE PARNTERS VI -12 0 -12
    BLACKSTONE RE PARTNERS VI -1,947 -1,947 -1,947
    BLACKSTONE RE PARTNERS VI-NQ 538 538 538
    BLACKSTONE RE PARTNERS VI-NQ 6,113 0 6,113
    BREP VII.F -645 -645 -645
    BREP VII.F (AV-LH) 99 99 99
    BREP VII.F (AV-LH) -1,199 0 -1,199
    BREP VII.F (AV-LH.2) -226 -226 -226
    BREP VII.F (AV-LH.4) -4,182 0 -4,182
    BREP VII.F (AV-LH.4) -3,146 -3,146 -3,146
    BREP VII.F-NQ (AV-LH) 1,346 1,346 1,346
    BREP VII.F-NQ (AV-LH) 14 0 14
    BREP VII.F-NQ (AV-LH.3) 857 857 857
    BREP VII.F-NQ (AV-LH.3) -15,847 0 -15,847
    BREP VII.F-NQ (AV-LH.4) 33,912 0 33,912
    BREP VIII.F -2,233 -2,233 -2,233
    BREP VIII.F -245 0 -245
    BREP VIII.F (AIV REIT) 1,261 1,261 1,261
    BREP VIII.F (AIV-LH) 91,329 91,329 91,329
    BREP VIII.F (AV-LH) -96,899 0 -96,899
    BREP VIII.F (AV-LH.2) -65 -65 -65
    BREP VIII.F (AV-LH.2) 10 0 10
    BREP VIII.F (AV-LH.3) -1,773 0 -1,773
    BREP VIII.F (AV-LH.3) -1,447 -1,447 -1,447
    BREP VIII.F (AV-LH.4) -4,478 -4,478 -4,478
    BREP VIII.F (AV-LH.4) -10,823 0 -10,823
    BREP VIII.F-NQ 297 0 297
    BREP VIII.F-NQ -463 -463 -463
    BREP VIII.F-NQ (AV-LH) -1 -1 -1
    BREP VIII.F-NQ (AV-LH) -162 0 -162
    BREP VIII.F-NQ (AV-LH.2) -19,206 0 -19,206
    BREP VIII.F-NQ (AV-LH.2) -93 -93 -93
    BREP VIII.F-NQ (AV-LH.3) -13,421 0 -13,421
    BREP VIII.F-NQ (AV-LH.4) -4,330 0 -4,330
    BREP VIII.F-NQ (AV-LH.4) -4,316 -4,316 -4,316
    DARWIN VENTURE CAPITAL FUND-OF-FUNDS II LP 84,450 84,450 84,450
    DETROIT VENTURE PARTNERS -1,292 -1,292 -1,292
    DETROIT VENTURE PARTNERS -3,816 0 -3,816
    ENERGY CAPITAL TE-L DIRECT -636 -636 -636
    ENERGY CAPITAL TE-L INDIRECT -757 0 -757
    ENERGY CAPITAL TE-L INDIRECT -27,885 -27,885 -27,885
    FORTRESS CREDIT OPPORTUNITIES FUND (B) 3,591 3,591 3,591
    FPA APARTMENT OPPORTUNITY FUND V-A -215,456 -215,456 -215,456
    FPA APARTMENT OPPORTUNITY FUND V-A -24,519 0 -24,519
    FPA APARTMENT OPPORTUNITY FUND VI A -34,288 -34,288 -34,288
    FPA APARTMENT OPPORTUNITY FUND VII-A -33,442 -33,442 -33,442
    GSO ESOF FINANCE -1 -1 -1
    KINDERHOOK CAPITAL FUND IV-B LP -1,976 -1,976 -1,976
    MARKETABLE MAXIMUM OPPORTUNITY FUND -17,672 0 -17,672
    MARKETABLE MAXIMUM OPPORTUNITY FUND 340,678 340,678 340,678
    MAXIMUM PRIVATE GROWTH FUND 551,633 0 551,633
    MAXIMUM PRIVATE GROWTH FUND -564,163 -564,163 -564,163
    METROPOLITAN RE PARTNERS INTERNATIONAL IV 8,772 8,772 8,772
    METROPOLITAN RE PARTNERS INT'L II -4,487 -4,487 -4,487
    NEW MOUNTAIN PARTNERS III -120 -120 -120
    NEW MOUNTAIN PARTNERS III (TIER 1) -86 -86 -86
    NEW MOUNTAIN PARTNERS III (TIER 1) 5 0 5
    PICO VENTURE PARTNERS III -24,790 -24,790 -24,790
    PRAIRIE CAPITAL V -11,450 -11,450 -11,450
    PRAIRIE CAPITAL V 15,337 0 15,337
    RAM REALTY PARTNERS VI -10,485 -10,485 -10,485
    SCULPTOR REAL ESTATE PARALLEL FUND III A 15,147 0 15,147
    SCULPTOR REAL ESTATE PARALLEL FUND III A 16,805 16,805 16,805
    SIGULER GUFF DISTRESSED OPP FUND III -3,381 -3,381 -3,381
    SQUARE MILE PARTNERS III TE -595 0 -595
    TFG WAKKR 2012 FUND -89 0 -89
    TFG WAKKR 2012 FUND 446,839 446,839 446,839
    THIRD & GRAND INVESTORS, LLC -6,941 -6,941 -6,941
    THIRD & GRAND INVESTORS, LLC -635,725 0 -635,725
    THOMA BRAVO FUND XIII-A LP -39,509 -39,509 -39,509
    TRIDENT V LP 196 196 196
    TRIDENT V LP 3,914 0 3,914
    W CAPITAL PARTNERS II -1,863 -1,863 -1,863
    TFG HEDGE FUND II LLC -561,832 -561,832 -561,832


    TY 2021 OtherIncreasesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Description Amount
    UNREALIZED APPRECIATION IN ASSETS 56,779,236


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MELLON CUSTODIAL FEES 38,670 38,670   0
    PAYROLL 1 FEES 2,274 0   2,274
    PROGRAM CONSULTANT 495,118 0   516,118
    WEBSITE MAINTENANCE 35,537 0   35,537
    TFG SERVICE PROVIDER FEE 1,435,332 932,966   504,504
    INVESTMENT MANAGEMENT FEES 1,020,630 1,020,630   0


    TY 2021 TaxesSchedule
    Name:
    MAX M & MARJORIE S FISHER FOUNDATION
     
    INC
    EIN:
    38-1784340
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FORM 990 TAXES 1,423,396 0   0
    STATE TAXES 4,200 0   0