Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 01-01-2023 , and ending 12-31-2023
Name of foundation
THE L & L EDUCATIONAL FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)160 MCLEAN DRIVE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ROMEO, MI48065
A Employer identification number

38-2785121
B Telephone number (see instructions)

(586) 336-1600
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$15,372,557J 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) 555,150
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 394,061 394,061  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 308,557
b Gross sales price for all assets on line 6a 3,886,652
7 Capital gain net income (from Part IV, line 2)... 308,557
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 1,257,768 702,618  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
2,800 0   0
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
9,418 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 959 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
49,074 26,497   2,975
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 62,251 26,497   2,975
25 Contributions, gifts, grants paid....... 728,793 728,793
26 Total expenses and disbursements. Add lines 24 and 25 791,044 26,497   731,768
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 466,724
b Net investment income (if negative, enter -0-) 676,121
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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.............      
2 Savings and temporary cash investments......... 529,828 1,112,553 1,112,553
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........   11,214 11,214
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 12,190,640 Click to see attachment
List of Attached Documents:
// Content
11,932,624 		14,248,790
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 12,720,468 13,056,391 15,372,557
Liabilities 17 Accounts payable and accrued expenses.......... 1,388  
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 1,388 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions........... 12,719,080 13,056,391
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 12,719,080 13,056,391
30 Total liabilities and net assets/fund balances (see instructions). 12,720,468 13,056,391
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
12,719,080
2
Enter amount from Part I, line 27a .....................
2
466,724
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
13,185,804
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
129,413
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
13,056,391
Form 990-PF (2023)
Form 990-PF (2023)
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 CHARLES SCHWAB P    
b CHARLES SCHWAB P    
c T. ROWE PRICE BLUE CHIP GROWTH FUND I D    
d SPDR S&P 500 ETF TRUST D    
e 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 1,916,607   1,838,950 77,657
b 1,559,303   1,667,574 -108,271
c 101,323   39,769 61,554
d 100,606   31,802 68,804
e 208,813     208,813
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       77,657
b       -108,271
c       61,554
d       68,804
e       208,813
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 2 308,557
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
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 right arrow 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) 1 9,398
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 9,398
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 9,398
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 20,612
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 20,612
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 11,214
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow11,214 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowMI
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 2023 or the taxable year beginning in 2023? 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
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowLLPFOUNDATIONS.ORG
14
The books are in care ofright arrowMARGARET DOMENICK - MUSCAT Telephone no.right arrow (586) 336-1608

Located atright arrow160 MCLEAN DRIVEROMEOMI ZIP+4right arrow48065
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
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)
 
No
(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
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
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)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MARGARET DOMENICK-MUSCAT PRESIDENT
15.00 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
JUSTIN L SCHUPP TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
SUSAN LANE MULKA TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
LESLE E COLE TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
KATHERINE CLERMONT TREASURER
0.25 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
NANCY CAMPBELL TRUSTEE
0.10 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
DEAN QUADERER SECRETARY
0.25 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
JAY KRAWCZYK VICE PRESIDENT
0.25 		0 0 0
160 MCLEAN DRIVE
ROMEO,MI48065
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
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 NONE 0
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1 NONE 0
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
13,400,343
b
Average of monthly cash balances.......................
1b
1,100,763
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
14,501,106
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
14,501,106
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
217,517
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
14,283,589
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
714,179
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
714,179
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
9,398
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
9,398
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
704,781
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
704,781
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
704,781
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
731,768
b
Program-related investments—total from Part VIII-B..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes...............................
2
 
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)....................
3a
 
b
Cash distribution test (attach the required schedule) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
731,768
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 704,781
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 11,437
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 731,768
a Applied to 2022, but not more than line 2a 11,437
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 2023 distributable amount..... 704,781
e Remaining amount distributed out of corpus 15,550
5 Excess distributions carryover applied to 2023. 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 15,550
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 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		15,550
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023.... 15,550
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
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).)
SUSAN LANE MULKA
LESLE E COLE
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 right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
L L EDUCATIONAL FOUNDATION
160 MCLEAN DR
ROMEO,MI48065
(586) 336-1608
bThe form in which applications should be submitted and information and materials they should include:
REFER TO: LLPFOUNDATIONS.ORG
cAny submission deadlines:
REFER TO: LLPFOUNDATIONS.ORG
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
REFER TO: LLPFOUNDATIONS.ORG
Form 990-PF (2023)
Form 990-PF (2023)
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

ADKISONAUSTIN

2027 W DODGE RD
CLIO,MI48420 		NONE NA EDUCATION 1,573

ALGERJASON

288 BUBBA GUNTER RD
WAGENER,SC29164 		NONE NA EDUCATION 7,594

APFELCHRIS

12908 EASTON CT
UTICA,MI48315 		NONE NA EDUCATION 7,500

ASAYJOHNATHAN

1780 ARLINGTON CT
OXFORD,MI48371 		NONE NA EDUCATION 3,735

ASAYKATHLEEN

1780 ARLINGTON COURT
OXFORD,MI48371 		NONE NA EDUCATION 3,152

BALSAMELIZABETH

12875 EXCALIBUR LANE
ROMEO,MI48065 		NONE NA EDUCATION 2,500

BEEMERMIKAYLA

5305 N ELK ST
PECK,MI48466 		NONE NA EDUCATION 7,538

BORJARONI FLORENTINE

309 PRESQUE ISLE ROAD
LEXINGTON,SC29072 		NONE NA EDUCATION -459

BRUNKRYLIE

1919 MITCHELL LAKE ROAD
ATTICA,MI48412 		NONE NA EDUCATION 898

BUNCHBLAKE

5585 LEAH LANE
ALMONT,MI48003 		NONE NA EDUCATION 8,000

BUSCHBRANDON

43420 EUREKA DR
CLINTON TWP,MI48036 		NONE NA EDUCATION 2,000

CASTILLONATHAN

6913 CLEAR LAKE ROAD
IMLAY CITY,MI48444 		NONE NA EDUCATION 5,000

CHUHRANJACOB

1610 EDSEL ST
TRENTON,MI48183 		NONE NA EDUCATION 5,000

CHUHRANMICHAEL

1610 EDSEL STREET
TRENTON,MI48183 		NONE NA EDUCATION 5,000

COURNEYAAUDREY

2865 N LAPEER RD
LAPEER,MI48446 		NONE NA EDUCATION 12,000

CRUMPJULIA

2920 CEDAR RIDGE DR
TROY,MI48084 		NONE NA EDUCATION 5,000

DEACHINTREVOR

8194 KENSINGTON BLVD 744
DAVISON,MI48423 		NONE NA EDUCATION 2,000

DECENACOLIN

48851 MICHAYWE
MACOMB,MI48044 		NONE NA EDUCATION 1,106

D'EGIDIOGRACE

7239 PLATT SPRINGS ROAD
LEXINGTON,SC29073 		NONE NA EDUCATION 3,000

DIMKOVSKIMICHAEL

16227 COLORADO DR
MACOMB,MI48042 		NONE NA EDUCATION 5,000

DIMKOVSKIRYAN

16227 COLORADO DR
MACOMB,MI48042 		NONE NA EDUCATION 3,500

FEZZEYTHOMAS

21601 BAYSIDE ST
SAINT CLAIR SHORES,MI48081 		NONE NA EDUCATION 2,500

FINNASHER

73922 GOULD RD
BRUCE TWP,MI48065 		NONE NA EDUCATION 3,652

FINNETHAN

73922 GOULD RD
ROMEO,MI48065 		NONE NA EDUCATION 2,500

FIRESTONEKEITH

8891 RUSSELL ST
SHELBY TOWNSHIP,MI48317 		NONE NA EDUCATION 10,000

FIRESTONEZACKARY

228 DIXIE DRIVE APT 501
TALLAHASSEE,FL32304 		NONE NA EDUCATION 2,000

FORSELLELIZABETH

1589 PEBBLE CREEK DR
ROCHESTER,MI48307 		NONE NA EDUCATION 8,000

FORSTNERMADISON

11685 IMLAY CITY RD
ANN ARBOR,MI48022 		NONE NA EDUCATION 5,000

FRANZELDANIELLE

355 N GATES RD
SANDUSKY,MI48471 		NONE NA EDUCATION 10,000

GILLIESEMMA

12777 HOUGH RD
RILEY,MI48041 		NONE NA EDUCATION 15,118

GRAVESMARANDA

412 OLD FARM LN
LAPEER,MI48446 		NONE NA EDUCATION 12,393

HABLEJOSEPH

77210 BROWN RD
BRUCE TWP,MI48065 		NONE NA EDUCATION 5,000

HABLETHERESA

1845 BROWNING ST
FERNDALE,MI48220 		NONE NA EDUCATION 5,000

HOUSERALEXANDRA

16941 ROSE POINTE DR
MACOMB,MI48044 		NONE NA EDUCATION 5,416

HRABOVSKYAVA

47856 MALLARD DR
CHESTERFIELD,MI48047 		NONE NA EDUCATION 10,607

HRABOVSKYCHRISTINA

47856 MALLARD DR
CHESTERFIELD,MI48047 		NONE NA EDUCATION 11,755

JARMOLUKALEXANDER

78850 MCKAY RD
ROMEO,MI48065 		NONE NA EDUCATION 12,953

JARMOLUKIVAN

78850 MCKAY RD
ROMEO,MI48065 		NONE NA EDUCATION 2,645

JARMOLUKMAXIM

78850 MCKAY RD
ROMEO,MI48065 		NONE NA EDUCATION 10,000

JOHNSONANDREW

1710 W DEWEY RD
OWOSSO,MI48867 		NONE NA EDUCATION 5,000

JONESJOELLE

191 ENGLE ST
IMLAY CITY,MI48444 		NONE NA EDUCATION 2,351

KNEPPERJENNA

5814 NEWCASTLE CT
WASHINGTON,MI48094 		NONE NA EDUCATION 5,000

KNEPPERMARISSA

5814 NEWCASTLE CT
WASHINGTON,MI48094 		NONE NA EDUCATION 5,000

LEWISALAINA

57383 CIDER DR
WASHINGTON TWP,MI48094 		NONE NA EDUCATION 5,000

LEWISJULIA

57383 CIDER DR
WASHINGTON TWP,MI48094 		NONE NA EDUCATION 5,000

LITRACY

1740 FIRESIDE DR
TROY,MI48098 		NONE NA EDUCATION 5,000

LIGONTRENT

8325 BORDMAN RD
ALMONT,MI48003 		NONE NA EDUCATION 5,000

LOCHERABIGAIL

6645 BORDMAN
ALMONT,MI48003 		NONE NA EDUCATION 1,496

MADAUSROBERT

37508 ROBERT DR
RICHMOND,MI48062 		NONE NA EDUCATION 8,700

MADAUSSAMANTHA

37508 ROBERT DR
RICHMOND,MI48062 		NONE NA EDUCATION 329

MADAYJOSHUA

302 EAST CHURCH ST
CAPAC,MI48014 		NONE NA EDUCATION 7,374

MAJORBRYCE

3197 MAIN STREET
MARLETTE,MI48453 		NONE NA EDUCATION 2,462

MILLERAVERY

408 BALSAM DR
DAVISON,MI48423 		NONE NA EDUCATION 6,000

MIRACLEHALEY

7069 STERLING ROAD
YALE,MI48097 		NONE NA EDUCATION 5,000

MIRACLETRAVIS

7069 STERLING ROAD
YALE,MI48097 		NONE NA EDUCATION 9,709

NAGYAVA

7757 MEISNER ROAD
CASCO,MI48064 		NONE NA EDUCATION 1,128

NAGYDAVID

7757 MEISNER ROAD
CASCO,MI48064 		NONE NA EDUCATION 5,000

NEALYARIA

202 N NEEPER ST
CAPAC,MI48014 		NONE NA EDUCATION 5,000

NEWSOMMADISON

225 W 3RD ST
IMLAY CITY,MI48444 		NONE NA EDUCATION 6,149

O'BRIENKELLI

2355 LONGYEAR AVE
MARQUETTE,MI49855 		NONE NA EDUCATION 8,321

OGDENPATRICK

5716 LAKESHORE ROAD
FORT GRATIOT TOWNSHIP,MI48059 		NONE NA EDUCATION 10,000

PARROTTTAYLOR

2 CROSSVINE WAY
SIMPSONVILLE,SC29680 		NONE NA EDUCATION 3,000

PASULAASHISH

1752 OAK FOREST DR E
TROY,MI48085 		NONE NA EDUCATION 10,283

PILLARSSYDNEY

53700 CENTENNIAL
MACOMB,MI48042 		NONE NA EDUCATION 9,900

PRINCEELLARIE

560 BANCROFT RD
IMLAY CITY,MI48444 		NONE NA EDUCATION 12,000

REAGANMELANIE

24780 NOTTINGHAM DR
NOVI,MI48374 		NONE NA EDUCATION 5,000

REVOLDTDREW

6623 HOUGH ROAD
ALMONT,MI48003 		NONE NA EDUCATION 1,514

ROBERTSLETISHA

74520 SPENCER ST
ARMADA,MI48005 		NONE NA EDUCATION 1,232

RODGERSBRANDON

6055 FOUNTAIN POINTE APT 3
GRAND BLANC,MI48439 		NONE NA EDUCATION 348

SCHOENROCKMITCHELL

13565 KAUFMAN ROAD
CAPAC,MI48014 		NONE NA EDUCATION 3,772

SCHRAMMMAKAYLA

75400 MACKEY RD
RICHMOND,MI48062 		NONE NA EDUCATION 11,500

SELEWONIKDYLAN

1424 WHISPERING WOODS LANE
MARYSVILLE,MI48040 		NONE NA EDUCATION 2,000

SENYKSAGE

222 CLARKSON
CAPAC,MI48014 		NONE NA EDUCATION 7,200

SHARROWHALEY

501 DORA HILLS APT 101
TENNESSEE,TN37174 		NONE NA EDUCATION 2,000

SMITHAUTUMN

13940 FETTY ST
ALLENTON,MI48002 		NONE NA EDUCATION 12,000

SMITTERBERGCHASE

317 LAFAYETTE AVE NE APT 2
GRAND RAPIDS,MI49503 		NONE NA EDUCATION 2,000

SNEARYBENJAMIN

202 JEFFREY
ROYAL OAK,MI48073 		NONE NA EDUCATION 8,000

SNEARYETHAN

202 JEFFREY AVE
ROYAL OAK,MI48073 		NONE NA EDUCATION 8,000

STEWARTMARTINA

3154 HASLER LAKE RD
LAPEER,MI48446 		NONE NA EDUCATION 3,000

SUROWIECJACKSON

256 WYNGATE DRIVE
ROCHESTER,MI48307 		NONE NA EDUCATION 5,000

THOMASMAYA

49375 YALE DR
MACOMB,MI48044 		NONE NA EDUCATION 7,722

THOMPSONKIMBERLY

111 SQUIRES CREEK RD
SIMPSONVILLE,SC29681 		NONE NA EDUCATION 5,000

THOMPSONKYRA

111 SQUIRES CREEK RD
SIMPSONVILLE,SC29681 		NONE NA EDUCATION 761

TRAUBSHANNON

5846 EAGLE DRIVE
ALMONT,MI48003 		NONE NA EDUCATION 1,045

VANLERBERGHENICHOLAS

761 E BURNSLINE RD
MELVIN,MI48454 		NONE NA EDUCATION 9,973

VIAENEETHAN

5662 CASEY ROAD
DRYDEN,MI48428 		NONE NA EDUCATION 10,000

WEISHAARCAITLIN

28954 31 MILE RD
LENOX TOWNSHIP,MI48050 		NONE NA EDUCATION 10,000

WERKMEISTERELLA

25861 CONCORD ROAD
HUNTINGTON WOODS,MI48070 		NONE NA EDUCATION 5,000

WERKMEISTERMEGAN

25861 CONCORD ROAD
HUNTINGTON WOODS,MI48070 		NONE NA EDUCATION 5,000

WHITEEMILY

1675 WINSLOW RD
ATTICA,MI48412 		NONE NA EDUCATION 2,454

WILEYSCOTT

570 THIRD AVENUE
PONTIAC,MI48340 		NONE NA EDUCATION 7,500

WINTERHALEY

4340 STERLING WAY
MOUNT PLEASANT,MI48858 		NONE NA EDUCATION 5,931

WOODYMAC

30 SUMMER VALLEY CT
GREER,SC29651 		NONE NA EDUCATION 8,227

ZIZALAURYN

12901 BERLIN RD
SOUTH ROCKWOOD,MI48179 		NONE NA EDUCATION 3,236

ALMONT COMMUNITY SCHOOLS

4624 KIDDER RD
ALMONT,MI48003 		NONE NA EDUCATION 20,000

BROWN CITY COMMUNITY SCHOOLS

4349 SECOND ST
BROWN CITY,MI48416 		NONE NA EDUCATION 20,000

CAPAC COMMUNITY SCHOOLS

541 N GLASSFORD ST
CAPAC,MI48014 		NONE NA EDUCATION 20,000

DRYDEN COMMUNITY SCHOOLS

3866 ROCHESTER RD
DRYDEN,MI48428 		NONE NA EDUCATION 20,000

IMLAY CITY COMMUNITY SCHOOLS

634 W BORLAND RD
IMLAY CITY,MI48444 		NONE NA EDUCATION 20,000

LEXINGTON ONE SCHOOL DISTRICT

100 TARRAR SPRINGS RD
LEXINGTON,SC29072 		NONE NA EDUCATION 20,000

MARLETTE COMMUNITY SCHOOLS

6230 EUCLID STREET
MARLETTE,MI48453 		NONE NA EDUCATION 20,000

NORTH BRANCH AREA SCHOOLS

6655 JEFFERSON STREET NORTH
NORTH BRANCH,MI48461 		NONE NA EDUCATION 20,000

ROMEO COMMUNITY SCHOOLS

316 NORTH MAIN STREET
ROMEO,MI48065 		NONE NA EDUCATION 20,000

MEMPHIS COMMUNITY SCHOOLS

34110 BORDMAN
MEMPHIS,MI48041 		NONE NA EDUCATION 5,000

NEW HAVEN COMMUNITY SCHOOLS

30375 CLARK ST
NEW HAVEN,MI48048 		NONE NA EDUCATION 5,000

RICHMOND COMMUNITY SCHOOLS

35276 DIVISION RD
RICHMOND,MI48062 		NONE NA EDUCATION 5,000

YALE PUBLIC SCHOOLS

247 SCHOOL DR
YALE,MI48097 		NONE NA EDUCATION 5,000
Total .................................right arrow 3a 728,793
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 394,061  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 308,557  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 702,618 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
702,618
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2023
Name of the organization
THE L & L EDUCATIONAL FOUNDATION
 
Employer identification number

38-2785121
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
THE L & L EDUCATIONAL FOUNDATION
  		Employer identification number
38-2785121
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
DEBRA LANE
 
8449 N 79TH STREET
 
LONGMONT, CO80503

$ 35,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
JEFF LANE
 
702 MURFREESBORO PIKE
 
NASHVILLE, TN37210

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
SUSAN LANE
 
1271 ROMNEY ROAD
 
BLOOMFIELD HILLS, MI48304

$ 100,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
W EUGENE LANE
 
13261 BURGUNDY DRIVE SOUTH
 
PALM BEACH GARDENS, FL33410

$ 200,983


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
MARY K GALLOWAY
 
18301 N CROSS U RANCH ROAD
 
PRESCOTT, AZ86305

$ 92,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
DOEREN MAYHEW
 
305 W BIG BEAVER RD STE 200
 
TROY, MI48084

$ 10,000


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
THE L & L EDUCATIONAL FOUNDATION
  		Employer identification number

38-2785121
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
4
 SHARES OF STOCK $ 200,983 2023-06-14
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
THE L & L EDUCATIONAL FOUNDATION
  		Employer identification number

38-2785121
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING & TAX PREPARATION FEES 2,800 0   0

TY 2023 InvestmentsCorpStockSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Name of Stock End of Year Book Value End of Year Fair Market Value
11,120.851 SHS AMERICAN FD EUROPACIFIC GROWTH FUND 449,803 608,978
5,477.126 SHS DFA EMERGING MARKETS PORT INSTL 133,177 150,785
19,965.078 SHS AMERICAN BEACON SMALL CAP VALUE 455,644 497,929
6,731.003 SHS MATTHEWS PACIFIC TIGER FUND INSTL 174,031 125,264
4,670.693 SHS VANGUARD INSTL INDEX FUND 815,703 1,837,824
15,654.843 SHS DODGE & COX INTERNATIONAL STOCK FUND 494,540 769,592
112,149.386 SHS DODGE & COX INCOME FUND 1,340,685 1,415,325
40,507.373 SHS AMERICAN FD WA MUTUAL INV FD CL F3 1,869,168 2,315,402
14,838.999 SHS VANGUARD TOTAL BOND MKT INDEX 1,209,701 1,091,409
115,405.420 SHS VANGUARD HIGH YIELD CORP FUND ADMIRAL SHARE 665,193 625,497
1,777.341 SHS ISHARES CORE S&P MID-CAP ETF 338,130 492,590
11,381.199 SHS AB LARGE CAP GROWTH FUND ADVISOR CLASS 920,692 1,056,062
1,396.987 SHS INVESCO QQQ TRUST 460,743 572,094
3,571.545 SHS JANUS HENDERSON ENTERPRISE I 523,750 471,015
5,509.723 SHS T. ROSE PRICE NEW HORIZON FUND I 239,744 311,520
68,828.221 SHS T. ROWE PRICE INSTITUTIONAL FLOATING RATE FUND 646,144 651,115
20,620.976 SHS MFS MID CAP VALUE I 580,023 634,095
26,135.830 SHS VANGUARD SHRT-TERM INFL-PROT SEC IDX ADM 615,753 622,294

TY 2023 OtherDecreasesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Description Amount
UNREALIZED LOSS 129,413


TY 2023 OtherExpensesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMMITTEE MEMBER COMPENSATION 2,975 0   2,975
FOUNDATION SOFTWARE, SUPPORT & TRAINING 13,843 0   0
OFFICE EXPENSES 5,759 0   0
INVESTMENT MANAGEMENT FEE 26,497 26,497   0


TY 2023 TaxesSchedule
Name:
THE L & L EDUCATIONAL FOUNDATION
EIN:
38-2785121
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MICHIGAN ANNUAL REPORT 20 0   0
FEDERAL EXCISE TAX 9,398 0   0