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 MARTIN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)115 DEPOT ST
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANN ARBOR, MI48104
A Employer identification number

38-3340278
B Telephone number (see instructions)

(734) 994-5050
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$19,930,771J 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) 700,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 5,301 5,301  
4 Dividends and interest from securities... 340,149 340,149  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,226,746
b Gross sales price for all assets on line 6a 2,257,996
7 Capital gain net income (from Part IV, line 2)... 1,226,746
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
List of Attached Documents:
// Content
10,061 16,083  
12 Total. Add lines 1 through 11........ 2,282,257 1,588,279  
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
20,265 10,132   10,133
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
18,756 2,756   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
55,845 41,841   12,926
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 94,866 54,729   23,059
25 Contributions, gifts, grants paid....... 787,055 787,055
26 Total expenses and disbursements. Add lines 24 and 25 881,921 54,729   810,114
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,400,336
b Net investment income (if negative, enter -0-) 1,533,550
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............. 59,704 57,048 57,048
2 Savings and temporary cash investments......... 258,107 1,753,933 1,753,933
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 5,021,372 Click to see attachment
List of Attached Documents:
// Content
4,911,317 		14,012,965
c Investments—corporate bonds (attach schedule)....... 839,224 Click to see attachment
List of Attached Documents:
// Content
643,491 		638,809
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).......... 3,052,262 Click to see attachment
List of Attached Documents:
// Content
3,259,760 		3,468,016
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) 9,230,669 10,625,549 19,930,771
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
233,836 		Click to see attachment
List of Attached Documents:
// Content
228,380
23 Total liabilities (add lines 17 through 22)......... 233,836 228,380
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...........    
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........ 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 8,996,833 10,397,169
29 Total net assets or fund balances (see instructions)..... 8,996,833 10,397,169
30 Total liabilities and net assets/fund balances (see instructions). 9,230,669 10,625,549
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
8,996,833
2
Enter amount from Part I, line 27a .....................
2
1,400,336
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
10,397,169
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
10,397,169
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 PUBLICLY TRADED SECURITIES P    
b PUBLICLY TRADED SECURITIES P    
c
d
e
(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 2,157,996   931,222 1,226,774
b 100,000   100,028 -28
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       1,226,774
b       -28
c
d
e
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 1,226,746
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 21,316
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 21,316
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 21,316
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 13,903
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 38,903
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 17,587
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow17,587 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 arrowN/A
14
The books are in care ofright arrowKELLY FRITZSCH Telephone no.right arrow (734) 994-5050

Located atright arrow115 DEPOT STREETANN ARBORMI ZIP+4right arrow48104
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)
Yes
 
(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
 
No
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
Yes
 
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
 
No
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)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
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
SALLY A MARTIN PRESIDENT
1.00 		0 0 0
115 DEPOT STREET
ANN ARBOR,MI48104
WILLIAM C MARTIN V.P./SEC./TREASURER
1.00 		0 0 0
115 DEPOT STREET
ANN ARBOR,MI48104
MICHAEL C MARTIN DIRECTOR
1.00 		0 0 0
115 DEPOT STREET
ANN ARBOR,MI48104
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  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................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
16,679,135
b
Average of monthly cash balances.......................
1b
743,027
c
Fair market value of all other assets (see instructions)................
1c
554,810
d
Total (add lines 1a, b, and c).........................
1d
17,976,972
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
17,976,972
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
269,655
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
17,707,317
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
885,366
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
885,366
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
21,316
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
21,316
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
864,050
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
864,050
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
864,050
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
810,114
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
810,114
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 7 864,050
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 808,859
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$ 810,114
a Applied to 2022, but not more than line 2a 808,859
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..... 1,255
e Remaining amount distributed out of corpus 0
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 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 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 .......... 		862,795
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 ...... 		0
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....  
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).)
SALLY A MARTIN
WILLIAM C MARTIN
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 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 (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

826 MICHIGAN

115 E LIBERTY ST
ANN ARBOR,MI48104 		  501(C)(3) EDUCATIONAL 2,000

AMERICAN CANCER SOCIETY

PO BOX 6704
HAGERSTOWN,MD21741 		  501(C)(3) HUMANITARIAN 1,055

ANN ARBOR HANDS ON MUSEUM

220 E ANN ST
ANN ARBOR,MI48104 		  501(C)(3) EDUCATIONAL 1,000

ANN ARBOR SUMMER FESTIVAL

210 HURONVIEW BLVD 1
ANN ARBOR,MI48103 		  501(C)(3) EDUCATIONAL 2,500

ANN ARBOR SYMPHONY ORCHESTRA

220 E HURON SUITE 470
ANN ARBOR,MI48104 		  501(C)(3) MUSICAL 25,000

ARBOR HOSPICE FOUNDATION

2366 OAK VALLEY DRIVE
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 5,000

ARTRAIN

1000 NORTH MAIN ST STE 106
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 2,500

BAY CLIFF HEALTH CAMP

214 W MICHIGAN ST
MARQUETTE,MI49855 		  501(C)(3) HUMANITARIAN 10,000

BIG BROTHERS BIG SISTERS

2890 CARPENTER RD SUITE 600
ANN ARBOR,MI48108 		  501(C)(3) HUMANITARIAN 3,000

BOOTJACK FIRE DEPARTMENT

45166 BOOTJACK RD
LAKE LINDEN,MI49945 		  501(C)(3) HUMANITARIAN 2,000

BOULDER HOUSING PARTNERS FOUNDATION

4800 N BRODAY
BOULDER,CO80304 		  501(C)(3) HUMANITARIAN 3,000

BRIDGE MICHIGAN

220 W MICHIGAN AVE
YPSILANTI,MI48197 		  501(C)(3) EDUCATIONAL 10,000

CAMPAIGN FOR THE ARK

316 S MAIN ST
ANN ARBOR,MI48105 		  501(C)(3) MUSICAL 3,000

CANCER SUPPORT COMMUNITY

2010 HOGBACK RD SUITE 3
ANN ARBOR,MI48105 		  501(C)(3) HUMANITARIAN 2,500

CASS COMMUNITY SOCIAL SERVICES

11745 ROSA PARKS BOULEVARD
DETROIT,MI48206 		  501(C)(3) HUMANITARIAN 10,000

CHADTOUGH FOUNDATION

PO BOX 907
SALINE,MI48176 		  501(C)(3) HUMANITARIAN 5,000

CHILDREN'S LITERACY NETWORK

1100 N MAIN ST
ANN ARBOR,MI48104 		  501(C)(3) EDUCATIONAL 1,000

CLEAN LAKES ALLIANCE

150 E GILMAN ST SUITE 2600
MADISON,WI53703 		  501(C)(3) HUMANITARIAN 1,000

COLORADO GIVES

5855 WADSWORTH BYPASS UNIT A
ARVADA,CO80003 		  501(C)(3) HUMANITARIAN 1,000

CORNER HEALTH CENTER

47 N HURON ST
YPSILANTI,MI48197 		  501(C)(3) HUMANITARIAN 1,000

COUNCIL OF MICHIGAN FOUNDATIONS

ONE SOUTH HARBOR AVE STE 3
GRAND HAVEN,MI49417 		  501(C)(3) HUMANITARIAN 2,000

CUBS CHARITIES

1000 W ADDISON ST
CHICAGO,IL60613 		  501(C)(3) HUMANITARIAN 25,000

DAIRY ARTS CENTER

2590 WALNUT
BOULDER,CO80302 		  501(C)(3) EDUCATIONAL 1,000

DAWN FARMS

MR JAMES BALMER III / 502 W HURON
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 1,000

EASTERN MICHIGAN UNIVERSITY FOUNDATION

112 WELCH HALL
YPSILANTI,MI48197 		  501(C)(3) EDUCATIONAL 10,000

ECOLOGY CENTER

339 E LIBERTY
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 1,000

ELE'S PLACE

3526 W LIBERTY SUITE 200
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 2,000

EMERSON SCHOOL

5425 SCIO CHURCH ROAD
ANN ARBOR,MI48103 		  501(C)(3) EDUCATIONAL 5,000

EVERSIGHT

3985 RESEARCH PARK DRIVE
ANN ARBOR,MI48108 		  501(C)(3) EDUCATIONAL 1,000

FAIR FOOD NETWORK

1442 BRUSH STREET 3RD FLOOR
DETROIT,MI48226 		  501(C)(3) EDUCATIONAL 1,000

FAITH LUTHERAN CHURCH REPAIR FUND

26016 DEPOT ST
CALUMET,MI49913 		  501(C)(3) HUMANITARIAN 5,000

FAMILY LEARNING INSTITUTE THE

1954 S INDUSTRIAL HWY SUITE D
ANN ARBOR,MI48104 		  501(C)(3) EDUCATIONAL 1,000

FINLANDIA UNIVERSITY

601 QUINCY ST
HANCOCK,MI49930 		  501(C)(3) EDUCATIONAL 1,000

FOOD GATHERERS

EILEEN SPRING PO BOX 131037
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 5,000

FRIENDS IN DEED

1196 ECORSE ROAD
YPSILANTI,MI48196 		  501(C)(3) HUMANITARIAN 5,000

FRIENDS OF NOLAN WATER FRONT

PO BOX 259173
MADISON,MI537259173 		  501(C)(3) HUMANITARIAN 3,000

GERALD R FORD PRESIDENTIAL FOUNDATION

303 PEARL STREET NW
GRAND RAPIDS,MI49504 		  501(C)(3) HUMANITARIAN 5,000

GIRL SCOUTS

444 JAMES L PARKWAY
YPSILANTI,MI48197 		  501(C)(3) HUMANITARIAN 2,000

GIRLS GROUP

2531 JACKSON AVE 188
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 5,000

GREAT LAKES CENTER FOR ARTS

800 BAY HARBOR
BAY HARBOR,MI49770 		  501(C)(3) HUMANITARIAN 25,000

GREAT LAKES FOUNDATIONS THE

405 WATER STREET SUITE 202
BAY HARBOR,MI49770 		  501(C)(3) HUMANITARIAN 1,000

GREENHILLS SCHOOL

850 GREENHILLS DRIVE
ANN ARBOR,MI48105 		  501(C)(3) EDUCATIONAL 7,500

HABITAT FOR HUMANITY OF HURON VALLEY

170 APRIL DR SUITE A
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 5,000

HARBOR SPRINGS AREA HISTORICAL SOCIETY

349 E MAIN ST
HARBOR SPRINGS,MI49740 		  501(C)(3) EDUCATIONAL 12,500

HARBOR SPRINGS LYRIC THEATRE

275 E MAIN ST
HARBOR SPRINGS,MI49740 		  501(C)(3) EDUCATIONAL 1,000

HOPE CLINIC

518 HARRISON
YPSILANTI,MI48197 		  501(C)(3) HUMANITARIAN 5,000

HOUGHTON COUNTY HISTORICAL SOCIETY

PO BOX 127
LAKE LINDEN,MI49945 		  501(C)(3) EDUCATIONAL 2,500

HUMANE SOCIETY OF HURON VALLEY

3100 CHERRY HILL RD
ANN ARBOR,MI48105 		  501(C)(3) HUMANITARIAN 2,500

HURON WATERLOO PATHWAYS INITIATIVE

14800 E OLD US 12
ANN ARBOR,MI48118 		  501(C)(3) HUMANITARIAN 2,500

INTERLOCHEN CENTER FOR THE ARTS

PO BOX 199
INTERLOCHEN,MI49643 		  501(C)(3) EDUCATIONAL 7,500

INTERNATIONAL SAMARITAN

803 N MAIN ST
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 60,000

JACOBSVILLE CHAPEL

1000 W QUINCY ST
HANCOCK,MI49930 		  501(C)(3) HUMANITARIAN 2,500

JALEN ROSE LEADERSHIP ACADEMY

MR JALEN ROSE / 15000 TROJAN ST
DETROIT,MI48235 		  501(C)(3) EDUCATIONAL 10,000

KENYON COLLEGE

105 CHASE AVE
GAMBIER,OH43022 		  501(C)(3) EDUCATIONAL 5,000

KEWEENAW COMMUNITY FOUNDATION

236 QUINCY ST
HANCOCK,MI49930 		  501(C)(3) HUMANITARIAN 10,000

KEWEENAW LAND TRUST

49902 LIMMERICK ST
HANCOCK,MI49930 		  501(C)(3) HUMANITARIAN 5,000

LAHTI RETREAT CENTER (ZION LUTHERAN CHURCH)

400 INGOT ST
HANOCK,MI49930 		  501(C)(3) HUMANITARIAN 5,000

LOYOLA ACADEMY

1100 LARAMIE AVE
WILMETTE,IL60091 		  501(C)(3) EDUCATIONAL 10,000

MACKINAC CENTER FOR PUBLIC POLICY

140 W MAIN PO BOX 568
MIDLAND,MI48640 		  501(C)(3) HUMANITARIAN 1,000

MADISON PUBLIC SCHOOLS

2005 WEST BELTLINE HIGHWAY SUITE
203
MADISON,WI53713 		  501(C)(3) EDUCATIONAL 1,000

MAGIC OF CHRISTMAS FOUNDATION

6850 MULLBERRY CT
SALINE,MI48176 		  501(C)(3) HUMANITARIAN 3,000

MICHIGAN RADIO- UM

535 W WILLIAM SUITE 110
ANN ARBOR,MI48103 		  501(C)(3) EDUCATIONAL 5,000

MICHIGAN THEATER

603 E LIBERTY
ANN ARBOR,MI48104 		  501(C)(3) MUSICAL 5,000

MILES JEFFREY ROBERTS FOUNDATION

2632 WAYSIDE DR
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 1,000

NATIONAL NAVY SEAL MUSEUM

3300 N HWY A1A
FORT PIERCE,FL34949 		  501(C)(3) EDUCATIONAL 10,000

NATURE CONSERVANCY IN MICHGIAN

101 EAST GRAND RIVER
LANSING,MI48906 		  501(C)(3) HUMANITARIAN 50,000

NEUTRAL ZONE

310 E WASHINGTON
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 2,000

OCEAN REEF MEDICAL FOUNDATION

50 BARRACUDA LANE
KEY LARGO,FL33037 		  501(C)(3) EDUCATIONAL 10,000

OUILMETTE FOUNDATION

1200 WILMETTE AVE
WILMETTE,IL60091 		  501(C)(3) HUMANITARIAN 5,000

PACKARD HEALTH CLINIC

3174 PACKARD
ANN ARBOR,MI48108 		  501(C)(3) HUMANITARIAN 5,000

PLANNED PARENTHOOD

PO BOX 3673
ANN ARBOR,MI48106 		  501(C)(3) HUMANITARIAN 10,000

RONALD MCDONALD HOUSE

1600 WASHINGTON HEIGHTS
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 1,000

ROTARY CLUB OF ANN ARBOR

PO BOX 131217
ANN ARBOR,MI48113 		  501(C)(3) HUMANITARIAN 1,500

SALVATION ARMY - ANN ARBOR

100 S ARBANA DR
ANN ARBOR,MI48107 		  501(C)(3) HUMANITARIAN 10,000

SALVATION ARMY - HANCOCK

408 RAVINE ST
HANCOCK,MI49930 		  501(C)(3) HUMANITARIAN 15,000

SHELTER ASSOCIATION OF WASHTENAW COUNTY

312 W HURON ST
ANN ARBOR,MI48103 		  501(C)(3) HUMANITARIAN 5,000

SOS COMMUNITY SERVICES

101 S HURON ST
YPSILANTI,MI48197 		  501(C)(3) HUMANITARIAN 5,000

START EARLY

33 WEST MONROE ST SUITE 1200
CHICAGO,IL60603 		  501(C)(3) EDUCATIONAL 5,000

STUDENT ADVOCACY CENTER

124 PEARL ST SUITE 504
YPSILANTI,MI48197 		  501(C)(3) EDUCATIONAL 1,000

STUDENT DEVELOPMENT PROGRAM

4370 STONEMEADOW CT
ANN ARBOR,MI48103 		  501(C)(3) EDUCATIONAL 5,000

TEAM RUBICON

214 MAIN ST 354
EL SEGUNDO,CA90245 		  501(C)(3) HUMANITARIAN 5,000

THE PURPLE ROSE THEATRE COMPANY

137 PARK ST
CHELSEA,MI48118 		  501(C)(3) HUMANITARIAN 10,000

THE SAILING MUSEUM

365 THAMES STREET
NEWPORT,RI02840 		  501(C)(3) EDUCATIONAL 5,000

U OF M - ACCELERATE BLUE FUND

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) EDUCATIONAL 40,000

U OF M - ANN ARBOR MEALS ON WHEELS

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI481092590 		  501(C)(3) HUMANITARIAN 2,000

U OF M - DEAN'S DISCRETIONARY FUND

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) EDUCATIONAL 25,000

U OF M - DETROIT OBSERVATORY

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) EDUCATIONAL 500

U OF M - HOSPITAL

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48108 		  501(C)(3) MEDICAL 5,000

U OF M - HOUSING FOR SENIORS

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48105 		  501(C)(3) HUMANITARIAN 2,000

U OF M - LIBRARY

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) EDUCATIONAL 10,000

U OF M - MICHIGAN ALZHEIMER DISEASE CENTER

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) HUMANITARIAN 5,000

U OF M - NATURAL HISTORY MUSEUM

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48104 		  501(C)(3) EDUCATIONAL 1,000

U OF M - NAVAL ARCHITECTURE

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) EDUCATIONAL 10,000

U OF M - OBSTETRICS AND GYNOCOLOGY

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 25,000

U OF M - SAILING

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48104 		  501(C)(3) HUMANITARIAN 2,500

U OF M - TELLING IT

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) EDUCATIONAL 3,000

U OF M - UMS

3003 SOUTH STATE STREET SUITE 8000
ANN ARBOR,MI48109 		  501(C)(3) MUSICAL 25,000

USSMA SAILING FOUNDATION

PO BOX 1199
SPRING HILL,TN37174 		  501(C)(3) EDUCATIONAL 25,000

WASHTENAW CAMP PLACEMENT ASSOCIATION

3135 S STATE SUITE 350D
ANN ARBOR,MI48108 		  501(C)(3) HUMANITARIAN 2,000

WEISER FOUNDATION

320 N MAIN ST SUITE 200
ANN ARBOR,MI48108 		  501(C)(3) HUMANITARIAN 10,000

WEMU - EASTERN MICHIGAN UNIVERSITY

113 WELCH HALL
YPSILANTI,MI48197 		  501(C)(3) EDUCATIONAL 5,000

WITTENBERG UNIVERSITY

200 W WARD ST
SPRINGFIELD,OH45504 		  501(C)(3) EDUCATIONAL 50,000

WONDERFOOL PRODUCTIONS

4621 FORD RD
ANN ARBOR,MI48105 		  501(C)(3) EDUCATIONAL 500

YPSILANTI DISTRICT LIBRARY - CAPITAL CAMPAIGN

5577 WHITTAKER RD
YPSILANTI,MI48197 		  501(C)(3) EDUCATIONAL 5,000

YPSILANTI MEALS ON WHEELS

1110 W CROSS ST
YPSILANTI,MI48197 		  501(C)(3) HUMANITARIAN 5,000
Total .................................right arrow 3a 787,055
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 ........... 		    14 5,301  
4 Dividends and interest from securities ....     14 340,149  
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 1,226,746  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aARBORETUM VENTURES - NET INVESTMENT EXPENSES 		    14 -5,337  
bFP CREDIT II PARTNERS - INTEREST INCOME     14 12,010  
cFP CREDIT PARTNERS - INTEREST INCOME     14 19,118  
dRCA VG, LLC- UNRELATED BUSINESS INCOME / (LOSS) 900001 -6,022      
eFP CREDIT VII - NET INVESTMENT EXPENSES       -9,708  
12 Subtotal. Add columns (b), (d), and (e) .. -6,022 1,588,279 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,582,257
(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 MARTIN FAMILY FOUNDATION
 
Employer identification number

38-3340278
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 MARTIN FAMILY FOUNDATION
  		Employer identification number
38-3340278
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
WILLIAM C AND SALLY A MARTIN
 
115 DEPOT STREET
 
ANN ARBOR, MI48104

$ 700,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


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

38-3340278
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
 
$    
(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 MARTIN FAMILY FOUNDATION
  		Employer identification number

38-3340278
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 MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 20,265 10,132   10,133

TY 2023 InvestmentsCorpBondsSchedule
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS 643,491 638,809

TY 2023 InvestmentsCorpStockSchedule
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK 4,911,317 14,012,965

TY 2023 InvestmentsOtherSchedule2
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
INVESTMENT IN FP CREDIT FMV 306,674 306,674
INVESTMENT IN FP CREDIT II FMV 300,020 300,020
INVESTMENT IN SENSCY INC FMV 150,000 150,000
MUTUAL FUND FMV 2,476,570 2,684,826
INVESTMENT IN ARBORETUM VENTURES VI FMV 26,496 26,496

TY 2023 OtherExpensesSchedule
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES AND FEES 5,542 0   5,542
MANAGEMENT FEES 49,225 41,841   7,384
MISCELLANEOUS 769 0   0
BANK FEES 309 0   0


TY 2023 OtherIncomeSchedule2
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ARBORETUM VENTURES - NET INVESTMENT EXPENSES -5,337 -5,337 -5,337
FP CREDIT II PARTNERS - INTEREST INCOME 12,010 12,010 12,010
FP CREDIT PARTNERS - INTEREST INCOME 19,118 19,118 19,118
RCA VG, LLC- UNRELATED BUSINESS INCOME / (LOSS) -6,022 0 -6,022
FP CREDIT VII - NET INVESTMENT EXPENSES -9,708 -9,708 -9,708


TY 2023 OtherLiabilitiesSchedule
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Description Beginning of Year - Book Value End of Year - Book Value
INVESTMENT IN RCA VG LLC 233,806 224,610
INVESTMENT IN ARBORETUM VENTURES VI 30 0
INVESTMENT IN FP CREDIT VII 0 3,770


TY 2023 TaxesSchedule
Name:
THE MARTIN FAMILY FOUNDATION
EIN:
38-3340278
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX WITHHOLDINGS 2,756 2,756   0
FEDERAL INCOME TAX 16,000 0   0