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
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 07-01-2022 , and ending 06-30-2023
Name of foundation
McGregor Fund
 
Number and street (or P.O. box number if mail is not delivered to street address)100 Talon Centre Drive 100
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Detroit, MI48207
A Employer identification number

38-0808800
B Telephone number (see instructions)

(313) 963-3495
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$209,656,665J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 6,344 6,344  
4 Dividends and interest from securities... 637,399 2,430,803  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
4,867,309
b Gross sales price for all assets on line 6a 24,908,951
7 Capital gain net income (from Part IV, line 2)... 740,091
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances 0
b Less: Cost of goods sold.... 0
c Gross profit or (loss) (attach schedule)..... 0  
11 Other income (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
-415,887 -5,335,118 0
12 Total. Add lines 1 through 11........ 5,095,165 -2,157,880 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 330,450 33,045   291,763
14 Other employee salaries and wages...... 690,613 241,162   440,912
15 Pension plans, employee benefits....... 312,550 81,760   168,824
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
1,000 250 0 750
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
84,120 32,715 0 42,060
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
716,083 573,984 0 136,263
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
92,758 113,392 0 0
19 Depreciation (attach schedule) and depletion... 0 0 0
20 Occupancy.............. 99,694 9,969   90,470
21 Travel, conferences, and meetings....... 43,425 10,856   31,626
22 Printing and publications.......... 677 169   508
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
108,099 16,824 0 89,515
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,479,469 1,114,126 0 1,292,691
25 Contributions, gifts, grants paid....... 8,650,542 8,728,871
26 Total expenses and disbursements. Add lines 24 and 25 11,130,011 1,114,126 0 10,021,562
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -6,034,846
b Net investment income (if negative, enter -0-) 0
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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............. 138,035 193,840 193,840
2 Savings and temporary cash investments......... 6,331,203 6,265,255 6,265,255
3 Accounts receivable right arrow428
Less: allowance for doubtful accounts right arrow   0 428 428
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow   0 0 0
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)..... 0 0 0
7 Other notes and loans receivable (attach schedule) right arrow0
Less: allowance for doubtful accounts right arrow0 0 0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 122,607 472,182 472,182
10a Investments—U.S. and state government obligations (attach schedule) 3,050,280 Click to see attachment
List of Attached Documents:
// Content
271,499 		271,499
b Investments—corporate stock (attach schedule)....... 12,560,134 Click to see attachment
List of Attached Documents:
// Content
11,525,506 		11,525,506
c Investments—corporate bonds (attach schedule)....... 2,406,452 Click to see attachment
List of Attached Documents:
// Content
208,413 		208,413
11 Investments—land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 118,530,976 Click to see attachment
List of Attached Documents:
// Content
190,618,430 		190,618,430
14 Land, buildings, and equipment: basis right arrow0
Less: accumulated depreciation (attach schedule) right arrow0 0   0
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
96,938 		Click to see attachment
List of Attached Documents:
// Content
101,112 		Click to see attachment
List of Attached Documents:
// Content
101,112
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 143,236,625 209,656,665 209,656,665
Liabilities 17 Accounts payable and accrued expenses.......... 94,322 341,872
18 Grants payable................. 0 6,145,679
19 Deferred revenue................. 0  
20 Loans from officers, directors, trustees, and other disqualified persons 0 0
21 Mortgages and other notes payable (attach schedule)...... 0 0
22 Other liabilities (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,203,890 		Click to see attachment
List of Attached Documents:
// Content
1,072,939
23 Total liabilities (add lines 17 through 22)......... 1,298,212 7,560,490
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........... 141,938,413 202,096,175
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)..... 141,938,413 202,096,175
30 Total liabilities and net assets/fund balances (see instructions). 143,236,625 209,656,665
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
141,938,413
2
Enter amount from Part I, line 27a .....................
2
-6,034,846
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
66,192,608
4
Add lines 1, 2, and 3 ..........................
4
202,096,175
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
202,096,175
Form 990-PF (2022)
Form 990-PF (2022)
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 Gains and losses from Publicly Traded Securities P    
b K-1 Passthrough Capital Gains 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     700,846 -700,846
b 1,440,937     1,440,937
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     0 -700,846
b     0 1,440,937
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 2 740,091
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 0
Form 990-PF (2022)
Form 990-PF (2022)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here 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 0
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  
3 Add lines 1 and 2........................... 3 0
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 0
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 410,527
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 410,527
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8  
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 10 410,527
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow410,527 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
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 2022 or the taxable year beginning in 2022? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
Form 990-PF (2022)
Form 990-PF (2022)
Page 5
Part VI-A
Statements Regarding Activities (continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructionsClick to see attachment
List of Attached Documents:
// Content
.................
12
Yes
 
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowwww.mcgregorfund.org
14
The books are in care ofright arrowAshly Jurek Telephone no.right arrow (313) 963-3495

Located atright arrow100 Talon Centre Drive 100DetroitMI ZIP+4right arrow48207
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 2022, 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
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Cynthia N Ford Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Gerard M Anderson Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Joyce E Jenereaux Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Leslie A Murphy Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Susan Schooley MD Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Kristi D Plain Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Michelle Johnson Tidjani Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Sheilah P Clay Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Kate Levin Markel President & Secretary
40.000 		330,450 88,729 0
100 Talon Centre Drive
Detroit,MI48207
Felix M Valbuena Jr MD Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Philip B Philips Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
Donna Murray-Brown Trustee
1.000 		0 0 0
100 Talon Centre Drive
Detroit,MI48207
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
Heidi A Alcock dir. of grant dev.
40.000 		194,337 32,568 0
100 Talon Centre Drive
Detroit,MI48207
Marcia P Gardner Office Manager
40.000 		83,082 28,260 0
100 Talon Centre Drive
Detroit,MI48207
Vanessa L Samuelson Dir. of learning
40.000 		172,033 42,116 0
100 Talon Centre Drive
Detroit,MI48207
Ashly B Jurek Dir. of Finance
40.000 		161,873 37,769 0
100 Talon Centre Drive
Detroit,MI48207
Malika L Pettigrew Acct & Ops ASSOCIATE
40.000 		79,289 12,006 0
100 Talon Centre Drive
Detroit,MI48207
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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
CAMBRIDGE ASSOCIATES INVESTMENT CONSULTING 414,634
125 High Street
Boston,MA02110
Crowe LLP audit and tax services 84,120
320 E Jefferson Blvd
South Bend,IN46601
COMERICA BANK INVESTMENT CUSTODY 82,091
411 West Lafayette MC 3462
Detroit,MI48226
GQG PARTNERS GLOBAL EQUITY FUND INVESTMENT ADVISORY 54,335
450 EAST OLAS BLVD
SUITE 750
FT LAUDERDALE,FL33301
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 (2022)
Form 990-PF (2022)
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
201,714,797
b
Average of monthly cash balances.......................
1b
3,937,334
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
205,652,131
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
 
3
Subtract line 2 from line 1d.........................
3
205,652,131
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
3,084,782
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
202,567,349
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
10,128,367
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
10,128,367
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
0
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
0
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
10,128,367
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
10,128,367
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
10,128,367
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
10,021,562
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
0
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,021,562
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 10,128,367
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:2020, 2019, 2018 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 55,481
b From 2018...... 706,694
c From 2019...... 655,944
d From 2020...... 674,029
e From 2021...... 0
f Total of lines 3a through e ........ 2,092,148
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 10,021,562
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 10,021,562
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2022. 106,805 106,805
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,985,343
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...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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 2017 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		1,985,343
10 Analysis of line 9:
a Excess from 2018.... 655,370
b Excess from 2019.... 655,944
c Excess from 2020.... 674,029
d Excess from 2021.... 0
e Excess from 2022.... 0
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, 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) 2022 (b) 2021 (c) 2020 (d) 2019
         
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).)
None
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.
None
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:
McGregor Fund
100 TALON CENTRE DRIVE Suite 100
Detroit,MI48207
(313) 963-3495
bThe form in which applications should be submitted and information and materials they should include:
APPLICANT SUBMITS AN ONLINE GENERAL INQUIRY FORM. FUND STAFF INITIATES A CONVERSATION WITH THE APPLICANT TO LEARN ABOUT THE ORGANIZATION. IF AN INVITATION IS EXTENDED, STAFF WILL INCLUDE SPECIFIC INSTRUCTIONS AND GUIDANCE ON THE REQUIRED APPLICATION MATERIALS, METHOD OF SUBMISSION, AND A SUBMISSION DEADLINE. ALL GRANT DECISIONS ARE THE RESPONSIBILITY OF THE BOARD OF TRUSTEES. BOARD MEETINGS ARE HELD FOUR TIMES PER YEAR, GENERALLY IN MARCH, JUNE, SEPTEMBER AND DECEMBER. APPLICANTS WILL BE NOTIFIED OF THE BOARD'S DECISION BY PHONE OR EMAIL WITHIN A WEEK AFTER THE MEETING AT WHICH THE APPLICATION WAS CONSIDERED.
cAny submission deadlines:
Applications are received and accepted throughout the year.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
IN AN EFFORT TO UTILIZE ITS LIMITED RESOURCES WISELY AND BECAUSE IT RECEIVES MORE REQUESTS THAT IT CAN SUPPORT, MCGREGOR FUND ADHERES TO THE FOLLOWING GUIDELINES FOR ITS GRANTMAKING ACTIVITIES: THE GEOGRAPHIC AREA OF THE FUND IS LIMITED PRINCIPALLY TO THE DETROIT METROPOLITAN AREA, WHICH IS DEFINED AS WAYNE, OAKLAND AND MACOMB COUNTIES. FUNDING IS LIMITED TO THE AREAS OF INTEREST OF THE FUND WHICH CAN BE FOUND ON OUR WEBSITE: WWW.MCGREGORFUND.ORG. ALL GRANT DECISIONS ARE THE RESPONSIBILITY OF THE BOARD OF TRUSTEES. TRUSTEE MEETINGS ARE SCHEDULED FOUR TIMES PER YEAR, GENERALLY IN MARCH, JUNE, SEPTEMBER, AND DECEMBER. THE FUND DOES NOT: PROVIDE LOANS, MAKE DIRECT GRANTS TO STUDENTS FOR SCHOLARSHIPS OR SPONSOR EVENTS.
Form 990-PF (2022)
Form 990-PF (2022)
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

ABFE

55 Exchange Pl 4th Floor
New York,NY10005 		N/A PC Memberships 5,000

Accounting Aid Society

3031 W Grand Blvd Suite 470
Detroit,MI48202 		N/A PC General Operations 100,000

Alternatives For Girls

903 W Grand Boulevard
Detroit,MI482082365 		N/A PC General Operations and the Workforce Development Hub 600,000

Alternatives For Girls

903 W Grand Boulevard
Detroit,MI482082365 		N/A PC Matching Gifts Program 2,000

ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVICES (ACCESS)

2651 Saulino Court
Dearborn,MI48120 		N/A PC General Operations 300,000

ARAB COMMUNITY CENTER FOR ECONOMIC & SOCIAL SERVICES (ACCESS)

2651 Saulino Court
Dearborn,MI48120 		N/A PC Matching Gifts Program 2,000

Avalon Healing Center

2727 Second Ave Suite 300
Detroit,MI48201 		N/A PC General Operations and Multi-Year Campaign 350,000

Barnard College

3009 Broadway Box AS
New York,NY10027 		N/A PC Matching Gifts Program 10,000

BoardSource

750 9th Street NW Suite 650
Washington,DC200014590 		N/A PC Memberships 500

Caleb's Kids

2470 Collingwood 206
Detroit,MI48206 		N/A PC General Operations 125,000

Center for Common Ground

18459 PATRIOT LN
Ruther Glen,VA225462955 		N/A PC Matching Gifts Program 1,000

Center for Employment Opportunities

50 Broadway Suite 1604
New York City,NY10004 		N/A PC General Operations 100,000

Central United Methodist Church Community Development Corporation

23 E Adams
Detroit,MI48226 		N/A PC General Operations 300,000

Chamber Music Northwest

2300 SW First Avenue Suite 103
Portland,OR97201 		N/A PC Matching Gifts Program 2,750

Christian Methodist Episcopal Church

4466 Elvis Presley Blvd Ste 30
Memphis,TN38116 		N/A PC Matching Gifts Program 3,000

Citizens Research Council of Michigan Inc

38777 Six Mile Road Suite 208
Livonia,MI481523974 		N/A PC Foundation Directed 25,000

Coalition on Temporary Shelter

2211 E Jefferson
Detroit,MI48207 		N/A PC General Operations 300,000

Color of Autism

32261 Southfield Rd
Franklin,MI48025 		N/A PC Project Support 100,000

Community Foundation for SE MI

333 W Fort Street Suite 2010
Detroit,MI48226 		N/A PC Matching Gifts Program 40,000

Corporation for Supportive Housing

61 Broadway Suite 2300
New York,NY10006 		N/A PC Project Support 135,000

Council of Michigan Foundations

125 Ottawa NW Suite 437
Grand Rapids,MI49503 		N/A PC Memberships 26,600

Council on Foundations

PO BOX 75661
Baltimore,MD212755661 		N/A PC Memberships 9,000

Detroit Black Community Food Network

3800 Puritan
Detroit,MI48238 		N/A PC Capital Support 200,000

Detroit Educational Television Foundation

1 Clover Court
Wixom,MI48393 		N/A PC Matching Gifts Program 440

Detroit Food Academy

4444 2nd Ave
Detroit,MI48201 		N/A PC General Operations 85,000

Detroit Hispanic Development Corp

1211 Trumbull St
Detroit,MI482161940 		N/A PC General Operations 100,000

Detroit Hispanic Development Corp

1211 Trumbull St
Detroit,MI482161940 		N/A PC Miller Fellowship Program 35,000

Detroit Justice Center

1420 Washington Blvd Suite 301
Detroit,MI48226 		N/A PC General Operations 200,000

Detroit Justice Center

1420 Washington Blvd Suite 301
Detroit,MI48226 		N/A PC Matching Gifts Program 2,000

Detroit Opera

1526 BROADWAY ST
DETROIT,MI48226 		N/A PC Matching Gifts Program 5,000

Detroit Phoenix Center

8801 Woodward Ave
Detroit,MI48202 		N/A PC Miller Fellowship Program 35,000

Detroit Phoenix Center

8801 Woodward Ave
Detroit,MI48202 		N/A PC General Operations 175,000

Detroit Phoenix Center

8801 Woodward Ave
Detroit,MI48202 		N/A PC Matching Gifts Program 2,000

Detroit Public Schools Foundation

Fisher Building Suite 1004 3011 W G
rand Boulevard
Detroit,MI48202 		N/A PC Trustee Schools Designation 30,000

Develop Detroit

1452 Randolph St Floor 3
Detroit,MI48226 		N/A PC Capital Support 250,000

Developing Kingdoms in Different Stages

PO Box 40295
Redford,MI48240 		N/A PC Miller Fellowship Program 35,000

Downtown Boxing Gym Youth Program

6445 E Vernor Hwy
Detroit,MI48207 		N/A PC General Operations 100,000

Empowerment Plan

7640 Kercheval Ave
Detroit,MI48214 		N/A PC General Operations 125,000

Empowerment Plan

7640 Kercheval Ave
Detroit,MI48214 		N/A PC Matching Gifts Program 1,015

Faith In Action Network

999 North Capitol St NE Suite 200
Washington,DC20002 		N/A PC FORCE Detroit 100,000

First Step

44567 Pinetree Drive
Plymouth,MI48170 		N/A PC General Operations and Capital Support 250,000

Ford Piquette Avenue Plant Museum

461 Piquette Ave
Detroit,MI48202 		N/A PC Matching Gifts Program 10,000

Forgotten Harvest

21800 Greenfield Road
Oak Park,MI48237 		N/A PC General Operating 250,000

Forum for Youth Investment

7064 Eastern Avenue NW
WASHINGTON,DC20012 		N/A PC Youth Development Resource Center 80,000

Foundation for Detroit's Future

333 West Fort Street Suite 2010
Detroit,MI48226 		N/A PC DIA Settlement 300,000

Funders Together to End Homelessness

89 South Street Suite 803
Boston,MA02111 		N/A PC Memberships (Workforce Matters) 4,000

Funders Together to End Homelessness

89 South Street Suite 803
Boston,MA02111 		N/A PC Memberships 7,000

Gleaners Community Food Bank of Southeastern Michigan

2131 Beaufait 2131 Beaufait
Detroit,MI48207 		N/A PC General Operations 150,000

Grantmakers for Effective Organizations

1310 L ST NW Suite 650
Washington,DC20005 		N/A PC Memberships 3,590

Harvard Medical School

PO Box 419720
Boston,MA02241 		N/A PC Trustee Schools Designation 60,000

HAVEN

801 Vanguard Drive
Pontiac,MI48341 		N/A PC General Operations and Direct Aid 150,000

Homeless Action Network of Detroit

3701 Miracles Blvd Suite 101
Detroit,MI48201 		N/A PC Backbone Capacity to End Homelessness 200,000

Independent Sector

1602 L Street Northwest Suite 900
Washington,DC20036 		N/A PC Memberships 9,000

InsideOut Literary Arts Project

5201 Cass Ave Prestis Hall - 3rd Fl
oor
Detroit,MI48202 		N/A PC Miller Fellowship Program 35,000

InsideOut Literary Arts Project

5201 Cass Ave Prestis Hall - 3rd Fl
oor
Detroit,MI48202 		N/A PC General Operations 60,000

Judith Dianne Jackson Scholarship Fund

PO Box 21216
Detroit,MI48221 		N/A PC Matching Gifts Program 1,000

Keep Growing Detroit

1445 Adelaide St
Detroit,MI48207 		N/A PC Miller Fellowship Program 35,000

Keep Growing Detroit

1445 Adelaide St
Detroit,MI48207 		N/A PC General Operations 250,000

Kipp Texas Fundraising DFW

PO Box 674443
Dallas,TX752674443 		N/A PC Trustee Schools Designation 15,000

Local Circles

1523 Seyburn
Detroit,MI48214 		N/A PC Matching Gifts Program 2,100

Make Food Not Waste

1775 Maryland Blvd
Birmingham,MI48009 		N/A PC General Operations 60,000

Mariners Inn

445 Ledyard
Detroit,MI48201 		N/A PC Capital Support 500,000

Mariners Inn

445 Ledyard
Detroit,MI48201 		N/A PC Matching Gifts Program 5,500

Miami University Foundation

Murstein Alumni Center 725 East Che
stnut Street
Oxford,OH45056 		N/A PC Trustee Schools Designation 30,000

Michigan Center for Youth Justice

1679 Broadway St
Ann Arbor,MI48105 		N/A PC Matching Gifts Program 1,000

Michigan Community Resources

615 Griswold 805
Detroit,MI48226 		N/A PC General Operations 100,000

Michigan League for Public Policy

1223 Turner Suite G-1
Lansing,MI48906 		N/A PC General Operations 50,000

Michigan League for Public Policy

1223 Turner Suite G-1
Lansing,MI48906 		N/A PC Matching Gifts Program 250

Michigan League for Public Policy

1223 Turner Suite G-1
Lansing,MI48906 		N/A PC Matching Gifts Program 750

Michigan Nonprofit Association

330 Marshall St Suite 200
Lansing,MI48912 		N/A PC Memberships 5,000

Mission Investors Exchange

2440 West El Camino Real Suite 300
Mountain View,CA940401498 		N/A PC Memberships 3,000

Money Matters 4 Youth

220 Hunt Street
Detroit,MI48207 		N/A PC Matching Gifts Program 100

Morehouse College

830 WESTVIEW DRIVE SW
ATLANTA,GA30314 		N/A PC Matching Gifts Program 250

Mosaic Youth Theatre

2251 Antietam Avenue
Detroit,MI48207 		N/A PC General Operations 90,000

National Alliance to End Homelessness

1518 K Street NW Second Floor
Washington,DC20005 		N/A PC Memberships 4,000

National Council of Nonprofits

1001 G Street NW Suite 700 East
Washington,DC20001 		N/A PC Matching Gifts Program 600

National Skills Coalition

1730 Rhode Island Avenue NW Suite 7
12
Washington,DC20036 		N/A PC Memberships 3,000

Neighborhood Defender Service

882 Oakman Blvd Suite C
Detroit,MI48238 		N/A PC Eviction Defense 100,000

Neighborhood Service Organization

882 Oakman Blvd Suite C
Detroit,MI48238 		N/A PC Matching Gifts Program 1,107

Non-Profit Enterprise at Work Inc

1100 N Main St Ste 100
Ann Arbor,MI48104 		N/A PC Miller Fellowship Program 35,000

Non-Profit Enterprise at Work Inc

1100 N Main St Ste 100
Ann Arbor,MI48104 		N/A PC General Operations 100,000

Opportunity Resource Fund

330 Marshall Street Suite 105
Lansing,MI48912 		N/A PC Matching Gifts Program 1,000

Pasteur Elementary School Alumni Foundation

PO Box 7083
Huntington Woods,MI48070 		N/A PC Matching Gifts Program 1,000

PEAK Grantmaking

1666 K Street NW Suite 440
Washington,DC20006 		N/A PC Memberships 2,250

Portland Art Museum

1219 SW Park Ave
Portland,OR97205 		N/A PC Matching Gifts Program 185

Portland Institute for Contemporary Art

15 NE Hancock St
Portland,OR97212 		N/A PC Matching Gifts Program 800

RacquetUp Detroit

18100 Meyers Road
Detroit,MI48235 		N/A PC Miller Fellowship Program 35,000

Regents of the University of Michigan

3000 S State St 1026 Wolverine Towe
r
Ann Arbor,MI481091274 		N/A PC Project Support 100,000

Rescue Ministries of Mid-Michigan

PO Box 548
Saginaw,MI48606 		N/A PC Matching Gifts Program 1,000

Ruth Ellis Center

77 Victor Street
Highland Park,MI48203 		N/A PC General Operations 250,000

Ruth Ellis Center

77 Victor Street
Highland Park,MI48203 		N/A PC Matching Gifts Program 2,000

Saint Augustine's University

1315 Oakwood Ave
Raleigh,NC27610 		N/A PC Matching Gifts Program 2,000

Schwab Charitable Trust

1958 Summit Drive Suite 200
Orlando,FL32810 		N/A PC Matching Gifts Program 27,153

South Oakland Shelter dba Lighthouse MI

46156 Woodward Avenue
Pontiac,MI48342 		N/A PC General Operations 500,000

South Oakland Shelter dba Lighthouse MI

46156 Woodward Avenue
Pontiac,MI48342 		N/A PC Presidential Award 50,000

Spelman College

350 Spelman Ln SW
Atlanta,GA30314 		N/A PC Matching Gifts Program 1,603

Spirit of Wellness

6555 Ridgeview Cir Port
Dallas,TX75240 		N/A PC Matching Gifts Program 103

Syracuse University

640 Skytop Road
Syracuse,NY13244 		N/A PC Matching Gifts Program 3,000

TechTown Detroit

6568 Woodward Ave
Detroit,MI48202 		N/A PC General Operations 100,000

TechTown Detroit

6568 Woodward Ave
Detroit,MI48202 		N/A PC Miller Fellowship Program 35,000

Teen Tech Titans

3050 145th St W 272
Rosemount,MN55068 		N/A PC Matching Gifts Program 1,125

The American Cancer Society

PO Box 6704
Hagerstown,MD21741 		N/A PC Matching Gifts Program 100

The Center For Michigan

4100 N Dixboro Road
Ann Arbor,MI48105 		N/A PC Project Support 50,000

The Center For Michigan

4100 N Dixboro Road
Ann Arbor,MI48105 		N/A PC Matching Gifts Program 1,000

The Greening of Detroit

13000 W McNichols Road
Detroit,MI48235 		N/A PC General Operations 100,000

Turning Point

PO BOX 1123 158 S Main
Mount Clemens,MI48043 		N/A PC General Operations and Direct Aid 150,000

University Liggett School

1045 Cook Road
Grosse Pointe Woods,MI48236 		N/A PC Trustee Schools Designation 15,000

University of Detroit Mercy

4011 West McNichols Road
Detroit,MI48221 		N/A PC Trustee Schools Designation 60,000

Urban Neighborhood Initiatives

8300 Longworth
Detroit,MI48209 		N/A PC Miller Fellowship Program 35,000

Wayne Metro Community Action Agency

3715 W Jefferson
Ecorse,MI48229 		N/A PC Project 140,000

Wayne State University

42 W Warren Ave
Detroit,MI48202 		N/A PC Trustee Schools Designation 30,000

Wayne State University

42 W Warren Ave
Detroit,MI48202 		N/A PC Juvenile Justice Reform 50,000

Wayne State University

42 W Warren Ave
Detroit,MI48202 		N/A PC Matching Gifts Program 5,000

WDET

5700 Cass Avenue suite 1200
Detroit,MI48202 		N/A PC Matching Gifts Program 1,000
Total .................................right arrow 3a 8,728,871
bApproved for future payment

Accounting Aid Society
3031 W Grand Blvd Suite 470
Detroit,MI48202 		N/A PC General Operations 100,000

Avalon Healing (WC SAFE)
2727 Second Ave Suite 300
Detroit,MI48201 		N/A PC General Operations and Multi-Year Campaign 650,000

Citizens Research Council of Michigan Inc
38777 Six Mile Road Suite 208
Livonia,MI481523974 		N/A PC Foundation Directed 25,000

Corporation for Supportive Housing
61 Broadway Suite 2300
New York,NY10006 		N/A PC Project Support 135,000

Detroit Hispanic Development Corporation
1211 Trumbull St
Detroit,MI482161940 		N/A PC Miller Fellowship Program 15,000

Detroit Phoenix Center
8801 Woodward Ave
Detroit,MI48202 		N/A PC Miller Fellowship Program 15,000

Developing Kingdoms In Different Stages
PO Box 40295
Redford,MI48240 		N/A PC Miller Fellowship Program 15,000

Developing Kingdoms in Different Stages
PO Box 40295
Redford,MI48240 		N/A PC General Operations and Capital Support 1,000,000

First Step
44567 Pinetree Drive
Plymouth,MI48170 		N/A PC General Operations and Capital Support 550,000

Forgotten Harvest Inc
21800 Greenfield Road
Oak Park,MI48237 		N/A PC General Operating 225,000

Genesis Harbor of Opportunity Promoting Excellence Community Development Co
7200 Mack Ave
Detroit,MI48214 		N/A PC General Operating 200,000

Gleaners Community Food Bank of Southeastern Michigan
2131 Beaufait 2131 Beaufait
Detroit,MI48207 		N/A PC General Operations 125,000

Heritage Works
4444 Second Avenue
Detroit,MI48201 		N/A PC MILLER FELLOWSHIP 16,600

Heritage Works
4444 Second Avenue
Detroit,MI48201 		N/A PC WORK ARTS EQUITY PROGRAM 100,000

Inside Out
5201 Cass Ave Prestis Hall - 3rd Fl
oor
Detroit,MI48202 		N/A PC General Operations 60,000

InsideOut Literary Arts Project
5201 Cass Ave Prestis Hall - 3rd Fl
oor
Detroit,MI48202 		N/A PC Miller Fellowship Program 15,000

Keep Growing Detroit
1445 Adelaide St
Detroit,MI48207 		N/A PC General Operations 250,000

Keep Growing Detroit
1445 Adelaide St
Detroit,MI48207 		N/A PC Miller Fellowship Program 15,000

South Oakland Shelter dba Lighthouse MI
46156 Woodward Avenue
Pontiac,MI48342 		N/A PC General Operations 1,100,000

Michigan Community Resources
615 Griswold 805
Detroit,MI48226 		N/A PC General Operations 100,000

Midnight Golf Program
30100 Telegraph Road Suite 404
Bingham Farms,MI48025 		N/A PC General Operations 250,000

Nonprofit Enterprise at Work
1100 N Main St Ste 100
Ann Arbor,MI48104 		N/A PC General Operations 100,000

Nonprofit Enterprise at Work
1100 N Main St Ste 100
Ann Arbor,MI48104 		N/A PC Miller Fellowship Program 15,000

Racquet Up Detroit
18100 Meyers Road
Detroit,MI48235 		N/A PC Miller Fellowship Program 15,000

Techtown Detroit
6568 Woodward Ave
Detroit,MI48202 		N/A PC General Operations 100,000

Techtown Detroit
6568 Woodward Ave
Detroit,MI48202 		N/A PC Miller Fellowship Program 15,000

The Center for Michigan Inc
4100 N Dixboro Road
Ann Arbor,MI48105 		N/A PC Project Support 50,000

Tides Center
1014 Torney Avenue
San Francisco,CA94129 		N/A PC Project Support 200,000

United Community Housing Coalition
2727 Second Avenue Suite 313 Mailbo
x 34
Detroit,MI48226 		N/A PC General Operations 500,000

United Negro College Fund Inc
18701 Grand River Suite 329
Detroit,MI48223 		N/A PC Project Support 100,000

University of Michigan - Poverty Solutions
3000 S State St 1026 Wolverine Towe
r
Ann Arbor,MI481091274 		N/A PC Project Support 100,000

Urban Neighborhood Initiatives
8300 Longworth
Detroit,MI48209 		N/A PC General Operations 225,000

Urban Neighborhood Initiatives
8300 Longworth
Detroit,MI48209 		N/A PC Miller Fellowship Program 15,000

Wayne Metropolitan Community Service
3715 W Jefferson
Ecorse,MI48229 		N/A PC Project Support 140,000
Total ................................. right arrow 3b 6,536,600
Form 990-PF (2022)
Form 990-PF (2022)
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 6,344  
4 Dividends and interest from securities ....     14 637,399  
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 ............ 		531110 104,239 18 4,763,070  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aOTHER INCOME FROM PASS THROUGH 		531310 -488,320 14 72,433  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. -384,081 5,479,246 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
5,095,165
(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 (2022)
Form 990-PF (2022)
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 (2022)
Additional Data


Software ID: 22016089
Software Version: 2022v5.0


Form 990PF - Special Condition Description:
Special Condition Description

TY 2022 AccountingFeesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting Fees 84,120 32,715   42,060

Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

TY 2022 GainLossSaleOtherAssetsSch
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
GAINS AND LOSSES ON INVESTMENTS   P     24,908,951 20,041,642     4,867,309  

TY 2022 InvestmentsCorpBondsSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Name of Bond End of Year Book Value End of Year Fair Market Value
Corporate and Foreign Bonds 208,413 208,413

TY 2022 InvestmentsCorpStockSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Name of Stock End of Year Book Value End of Year Fair Market Value
Sands Global 5,973,995 5,973,995
Vanguard Short-Term 5,551,511 5,551,511

TY 2022 InvestmentsGovtObligationsSch
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
US Government Securities - End of Year Book Value:

271,499
US Government Securities - End of Year Fair Market Value:

271,499
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2022 InvestmentsOtherSchedule2
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AACP TAX-EXEMPT INVESTORS IV, L.P. FMV 2,415,879 2,415,879
AACP TAX-EXEMPT INVESTORS V, LP FMV 1,998,624 1,998,624
Adage Capital FMV 33,455,705 33,455,705
Alphadyne International Fund FMV 4,349,820 4,349,820
Altimeter Partners Fund FMV 2,830,933 2,830,933
Arrowstreet Capital Global FMV 16,738,116 16,738,116
ASIA ALTERNATIVES DELAWARE IV, LP FMV 237,183 237,183
ASIA ALTERNATIVES DELAWARE V, LP FMV 211,701 211,701
ASPEX GLOBAL FUND FMV 4,307,242 4,307,242
AXIOM ASIA PRIVATE CAPITAL FUND I, L.P. FMV 50,414 50,414
AXIOM ASIA PRIVATE CAPITAL FUND II, L.P. FMV 365,900 365,900
BASE10 ADVANCEMENT INITIATIVE I LP FMV 1,439,502 1,439,502
Base10 Advancement Fund II FMV 114,061 114,061
BASE10 ADVANCEMENT INITIATIVE III FMV 214,515 214,515
CA Resources Fund, L.P. FMV 1,276,027 1,276,027
CADENT ENERGY PARTNERS I, LP FMV 17,906 17,906
CADENT ENERGY PARTNERS II, LP FMV 2,026,364 2,026,364
CARLYLE REALTY PARTNERS V, L.P. FMV 12,350 12,350
CENTER ROCK CAPITAL PARTNERS FUND I-A, LP FMV 2,589,467 2,589,467
Center Rock Partners II FMV 189,769 189,769
CENTERBRIDGE CREDIT PARTNERS TE, LP FMV 61,608 61,608
CENTERBRIDGE SPECIAL CREDIT PARTNERS III, L.P. FMV 169,952 169,952
Commonfund CIP VI FMV 270,445 270,445
CSCP III Flex Feeder II A, LP FMV 1,570,192 1,570,192
D1 CAPITAL PARTNERS OFFSHORES LP FMV 8,176,333 8,176,333
Davidson Kempner FMV 4,891,821 4,891,821
DOVER STREET IX CAYMAN FUND L.P. FMV 1,219,819 1,219,819
Dover Street VIII FMV 157,076 157,076
DURABLE CAPITAL OFFSHORE FUND LTD. FMV 8,811,234 8,811,234
Elliott International LTD FMV 2,644,114 2,644,114
ENCAP ENERGY CAPITAL FUND VI-B, L.P. FMV 0 0
ENERVEST ENERGY INSTITUTIONAL FUND X-B, LP FMV 29 29
ENERVEST ENERGY INSTITUTIONAL FUND XI-B, L.P. FMV 20,645 20,645
Europa Capital III FMV 17,836 17,836
Frazier Healthcare FMV 905,452 905,452
GQG Partners Global FMV 10,347,312 10,347,312
HARDMAN JOHNSTON INTERNATIONAL EQUITY FMV 3,195,897 3,195,897
HOLLIS PARK OPPORTUNITIES FUND LTD. FMV 0 0
HRJ SPECIAL OPPORTUNITIES II, L.P. FMV 332,305 332,305
Insignia Capital Partners II, LP FMV 725,661 725,661
INSIGNIA CAPITAL PARTNERS, L.P. FMV 2,890,748 2,890,748
KLINE HILL PARTNERS OFFSHORE FUND II LP FMV 397,366 397,366
KLINE HILL PARTNERS OFFSHORE FUND III LP FMV 1,027,397 1,027,397
KLINE HILL PARTNERS OPPORTUNITY OFFSHORE FUND III LP FMV 384,135 384,135
LAURION CAPITAL LTD. FMV 3,329,721 3,329,721
Luxor Capital Group FMV 72,924 72,924
Park Street IX FMV 963,270 963,270
Park Street VII FMV 65,153 65,153
Park Street VIII FMV 776,169 776,169
Park Street X FMV 1,533,080 1,533,080
PEAK ROCK CAPITAL CREDIT FUND II-A LP FMV 156,592 156,592
PEAK ROCK CAPITAL FUND II-A LP FMV 674,021 674,021
Peak Rock Capital Fund III, LP FMV 874,261 874,261
Peppertree FMV 1,097,840 1,097,840
Recognize FMV 626,130 626,130
RENAISSANCE VENTURE CAPITAL FUND FMV 494,110 494,110
Rock Springs FMV 4,430,630 4,430,630
SENTAKU INVESTORS, LLC FMV 16,227 16,227
SPUR VENTURES II, LP FMV 2,613,375 2,613,375
SPUR VENTURES III, LP FMV 4,190,491 4,190,491
Tiger Global FMV 3,042,032 3,042,032
TRUEBRIDGE CAPITAL PARTNERS FUND V, L.P. FMV 5,894,914 5,894,914
TRUEBRIDGE CAPITAL PARTNERS FUND VI, L.P. FMV 3,484,185 3,484,185
Truebridge Capital Partners Fund VII, L.P. FMV 787,566 787,566
TRUEBRIDGE-KAUFFMAN FELLOWS ENDOWMENT FUND III, L.P. FMV 5,273,351 5,273,351
TRUEBRIDGE-KAUFFMAN FELLOWS ENDOWMENT FUND IV, L.P. FMV 6,723,406 6,723,406
Valinor Management FMV 176,461 176,461
VIKING GLOBAL OPPORTUNITIES III LP FMV 10,935,092 10,935,092
VOLITION CAPITAL FUND III LP FMV 958,572 958,572
VOLITION CAPITAL FUND IV LP FMV 1,533,648 1,533,648
VOLITION CAPITAL SELECT FUND I LP FMV 242,234 242,234
VORTUS INVESTMENTS II, LP FMV 1,896,953 1,896,953
Wynnchurch FMV 3,013,923 3,013,923
Wynnchurch V FMV 1,683,244 1,683,244

TY 2022 LegalFeesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Legal Fees 1,000 250   750


TY 2022 OtherAssetsSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
Leased Assets 96,938 64,964 64,964
accrued interest/dividends 0 36,148 36,148


TY 2022 OtherExpensesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Insurance 30,114 3,011   27,103
Supplies 3,709 927   2,513
Miscellaneous Expenses 6,987 744   6,075
Computers, Equipment and technology 66,434 11,928   53,183
Furniture 855 214   641


TY 2022 OtherIncomeSchedule2
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
OTHER INCOME FROM PASS THROUGH -415,887 -5,351,909  
481(a) adjustment   16,791  


TY 2022 OtherIncreasesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Description Amount
Unrealized gains 8,619,874
Opening Balance Adjustment from change in accounting method 57,572,734


TY 2022 OtherLiabilitiesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Description Beginning of Year - Book Value End of Year - Book Value
Leased Assets 96,938 64,964
Deferred Excise Tax Payable 1,106,952 1,007,975


TY 2022 OtherProfessionalFeesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Fees 573,984 573,984    
Program consulting Fees 140,741     136,005
Service Contract 1,358     258


TY 2022 TaxesSchedule
Name:
McGregor Fund
EIN:
38-0808800
Software ID:
22016089
Software Version:
2022v5.0
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Excise tax 90,681      
State income tax 2,077      
FOREIGN TAX FROM PARTNERSHIPS   113,392