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 GILBERT FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)1074 WOODWARD AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI48226
A Employer identification number

35-7294609
B Telephone number (see instructions)

(313) 782-9500
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$36,991,538J 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) 34,243,272
2 Check right arrow.............
3 Interest on savings and temporary cash investments 524,797 524,797  
4 Dividends and interest from securities... 1,617,312 1,624,095  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,136,604
b Gross sales price for all assets on line 6a 18,265,948
7 Capital gain net income (from Part IV, line 2)... 2,136,604
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 38,521,985 4,285,496  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 1,421,350 0   1,224,989
15 Pension plans, employee benefits....... 135,335 0   88,894
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
164,805 0   144,766
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
547,471 30,753   485,588
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
175,362 0   113,362
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 245,463 0   242,872
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
1,161,064 0   1,140,061
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,850,850 30,753   3,440,532
25 Contributions, gifts, grants paid....... 105,914,842 94,266,226
26 Total expenses and disbursements. Add lines 24 and 25 109,765,692 30,753   97,706,758
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -71,243,707
b Net investment income (if negative, enter -0-) 4,254,743
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............. 8,523,149 8,913,580 8,913,580
2 Savings and temporary cash investments......... 28,530,661 14,377 14,377
3 Accounts receivable right arrow9,187,142
Less: allowance for doubtful accounts right arrow   13,710,320 9,187,142 9,187,142
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.......... 119,655 266,744 266,744
10a Investments—U.S. and state government obligations (attach schedule) 3,836,271 0 0
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule)....... 4,656,988 0 0
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).......... 32,725,939 Click to see attachment
List of Attached Documents:
// Content
18,609,695 		18,609,695
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) 92,102,983 36,991,538 36,991,538
Liabilities 17 Accounts payable and accrued expenses.......... 212,444 558,930
18 Grants payable................. 60,573,862 70,687,748
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 60,786,306 71,246,678
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 31,316,677 -34,255,140
29 Total net assets or fund balances (see instructions)..... 31,316,677 -34,255,140
30 Total liabilities and net assets/fund balances (see instructions). 92,102,983 36,991,538
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
31,316,677
2
Enter amount from Part I, line 27a .....................
2
-71,243,707
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
5,671,890
4
Add lines 1, 2, and 3 ..........................
4
-34,255,140
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
-34,255,140
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 AMAZON COM INC NOTE RATE 0.80 % MATURES 06/03/2025 CALLABLE   2020-06-04 2023-12-08
b AMAZON.COM INC RATE 1.50 % MATURES 06/03/2030 CALLABLE DATED DATE 06/03/2020   1941-04-20 2023-12-08
c AMGEN INC RATE 2.45 % MATURES 02/21/2030 CALLABLE DATED DATE 02/21/2020   2020-03-09 2023-12-08
d ANHEUSER BUSCH INBEV FIN RATE 4.90 % MATURES 02/01/2046 CALLABLE   2018-03-01 2023-12-08
e APPLE INC B/E 2.900% 091227 DTD091217 FC031218 CALL@MW+15BP   2017-11-08 2023-12-08
APPLE INC RATE 2.95 % MATURES 09/11/2049 CALLABLE DATED DATE 09/11/2019   2019-11-20 2023-12-08
BK OF AMER CORP 04.000% 040124 DTD040114 FC100114 MED TERM NTS   2017-11-06 2023-12-08
CIGNA CORP NTS B/E 03.750% 071523 DTD071519 CALL@MW+15BP   2019-12-04 2023-07-15
CVS HEALTH CORP NOTE RATE 4.30 % MATURES 03/25/2028 CALLABLE   2019-07-16 2023-12-08
CVS HEALTH CORP RATE 2.70 % MATURES 08/21/2040 CALLABLE DATED DATE 08/21/202   2021-04-20 2023-12-08
COMCAST CORP RATE 3.45 % MATURES 02/01/2050 CALLABLE DATED DATE 11/05/2019   2019-11-20 2023-12-08
ENTERPRISE PRODUCTS OPER RATE 4.45 % MATURES 02/15/2043 CALLABLE   2017-11-07 2023-12-08
FHLMC PL G08771 04.0000 DUE 07/01/47 FACTOR 0.127805100000   2017-11-09 2023-12-08
FHLMC PL G08788 03.5000 DUE 11/01/47 FACTOR 0.152800400000   2017-11-13 2023-12-08
FHLMC PL G08697 03.0000 DUE 03/01/46 FACTOR 0.169736600000   2017-11-09 2023-12-08
FHLMC PL G18684 03.0000 DUE 04/01/33 FACTOR 0.164593100000   2018-07-23 2023-12-08
FHLMC PL SD8043 02.5000 DUE 02/01/50 FACTOR 0.324543200000   2020-11-23 2023-12-08
FHLMC PL SD8044 03.0000 DUE 02/01/50 FACTOR 0.236251500000   2020-01-23 2023-12-08
FNMA - CALLABLE COUNTRY: LU RATE 6.625 % MATURES 11/15/2030   2017-11-09 2023-12-08
FNMA PL BE3631 04.5000 DUE 05/01/47 FACTOR 0.160607870000   2017-11-10 2023-12-08
FNMA PL BM1231 03.5000 DUE 11/01/31 FACTOR 0.105573800000   2017-11-10 2023-12-08
FIFTH THIRD BANCORP NTS 03.650% 012524 DTD012519 FC072519 B/E   2019-01-29 2023-12-08
FISERV INC B/E 3.500% 070129 DTD062419 FC010120 CALL@MW+25BP   2019-06-20 2023-12-08
GOLDMAN SACHS GROUP INC RATE 2.60 % MATURES 02/07/2030 CALLABLE   2020-03-09 2023-12-08
HOME DEPOT INC RATE 2.70 % MATURES 04/15/2030 CALLABLE DATED DATE 03/30/2020   2020-05-14 2023-12-08
JPMORGAN CHASE & CO ADJUSTABLE RATE 3.54 % MATURES 05/01/2028 CALLABLE   2017-11-01 2023-12-08
JPMORGAN CHASE & CO RATE 1.764 % MATURES 11/19/2031 CALLABLE   2021-04-20 2023-12-08
KINDER MORGAN INC/DELAWA RATE 4.30 % MATURES 06/01/2025 CALLABLE   2017-11-02 2023-12-08
LOWES COS INC NOTE RATE 1.70 % MATURES 10/15/2030 CALLABLE   2021-04-20 2023-12-08
MARSH & MCLENNAN COS INC NOTE RATE 3.875 % MATURES 03/15/2024 CALLABLE   2019-01-10 2023-12-08
MICROSOFT CORP NOTE RATE 2.525 % MATURES 06/01/2050 CALLABLE   2018-04-19 2023-12-08
MORGAN STANLEY RATE 3.875 % MATURES 04/29/2024 DATED DATE 04/28/2014   2017-11-06 2023-12-08
MORGAN STANLEY RATE 4.375 % MATURES 01/22/2047 CALLABLE DATED DATE 01/20/201   2018-07-26 2023-12-08
NORTHROP GRUMMAN CORP NOTE RATE 2.93 % MATURES 01/15/2025 CALLABLE   2017-10-30 2023-12-08
ORACLE CORP NTS B/E 2.950% 040130 DTD040120 FC100120 CALL@MW+35BP   2020-04-15 2023-12-08
PFIZER INC RATE 3.00 % MATURES 12/15/2026 DATED DATE 11/21/2016   2017-10-30 2023-12-08
TARGET CORP NOTE RATE 2.25 % MATURES 04/15/2025 CALLABLE DATED DATE 03/31/20   2020-04-14 2023-12-08
UNION PACIFIC CORP RATE 3.95 % MATURES 09/10/2028 CALLABLE   2018-06-07 2023-12-08
UNITED STATES TREAS BOND DUE 05/15/43 CORPUS STRIP   2018-04-19 2023-12-08
UNITED STATES TREASURY RATE 3.625 % MATURES 02/15/2044   2017-10-20 2023-12-08
UNITED STATES TREASURY RATE 2.50 % MATURES 05/15/2046   2020-01-23 2023-12-08
UNITED STATES TREASURY RATE 3.00 % MATURES 02/15/2048   2018-03-14 2023-12-08
U S TREASURY INFL NOTE NOTE RATE 2.875 % MATURES 05/15/2028   2019-05-14 2023-12-08
U S TREASURY INFL NOTE NOTE RATE 1.50 % MATURES 11/30/2024   2020-03-09 2023-12-08
TINT DUE 05/15/25 TRSY INTEREST PMT   2018-04-27 2023-12-08
VERIZON COMMUNICATIONS 2.875% 112050 DTD112020 CALL@MW+20BP   2021-04-20 2023-12-08
VISA INC NOTE RATE 1.90 % MATURES 04/15/2027 CALLABLE DATED DATE 04/02/2020   2020-05-14 2023-12-08
WELLS FARGO & CO RATE 3.00 % MATURES 10/23/2026 DATED DATE 10/25/2016   2019-07-16 2023-12-08
FHLMC PL G08771 04.0000 DUE 07/01/47 FACTOR 0.127805100000     2023-12-15
FHLMC PL G08788 03.5000 DUE 11/01/47 FACTOR 0.152800400000     2023-12-15
FHLMC PL G08697 03.0000 DUE 03/01/46 FACTOR 0.169736600000     2023-12-15
FHLMC PL G18684 03.0000 DUE 04/01/33 FACTOR 0.164593100000     2023-12-15
FHLMC PL SD8043 02.5000 DUE 02/01/50 FACTOR 0.324543200000     2023-12-25
FHLMC PL SD8044 03.0000 DUE 02/01/50 FACTOR 0.236251500000     2023-12-25
FNMA PL BE3631 04.5000 DUE 05/01/47 FACTOR 0.160607870000     2023-12-25
FNMA PL BM1231 03.5000 DUE 11/01/31 FACTOR 0.105573800000     2023-12-25
ALLEGION US HLDG CO INC NOTE RATE 3.20 % MATURES 10/01/2024 CALLABLE   2017-11-10 2023-12-08
AMERICAN TOWER CORP RATE 4.00 % MATURES 06/01/2025 CALLABLE   2017-10-31 2023-12-08
CDW LLC / CDW FIN CORP NOTE RATE 4.25 % MATURES 04/01/2028 CALLABLE   2020-01-31 2023-12-08
CA INC NOTE RATE 4.70 % MATURES 03/15/2027 CALLABLE DATED DATE 03/17/2017   2018-07-16 2023-12-08
CARLISLE COS INC NOTE RATE 3.50 % MATURES 12/01/2024 CALLABLE   2017-11-13 2023-12-08
DOLLAR TREE INC NOTE RATE 4.00 % MATURES 05/15/2025 CALLABLE   2019-06-27 2023-12-08
FORTUNE BRNDS HOME & SEC 04.000% 092123 DTD092118 FC032119 CALL@MW+20BP   2018-11-09 2023-09-21
KLA-TENCOR CORP NOTE RATE 4.65 % MATURES 11/01/2024 CALLABLE   2019-12-10 2023-12-08
MICROCHIP TECHNOLOGY INC 04.333% 060123 DTD060119 CALL@MW+25BP   2019-07-11 2023-06-01
QVC INC RATE 4.45 % MATURES 02/15/2025 CALLABLE DATED DATE 08/21/2014   2017-10-30 2023-12-08
QVC INC NOTE RATE 4.75 % MATURES 02/15/2027 CALLABLE DATED DATE 02/04/2020   2020-04-01 2023-12-08
REYNOLDS AMERN INC NTS 04.850% 091523 DTD091713 FC031514 CALL@MW+30BP   2018-11-26 2023-09-15
TOTAL SYSTEM SERVICES INC RATE 4.80 % MATURES 04/01/2026 CALLABLE   2017-10-25 2023-12-08
VERISK ANALYTICS INC RATE 4.00 % MATURES 06/15/2025 CALLABLE   2017-12-05 2023-12-08
WESTERN DIGITAL CORP NOTE RATE 4.75 % MATURES 02/15/2026 CALLABLE   2019-01-17 2023-11-15
WILLIS NA INC NOTE RATE 3.60 % MATURES 05/15/2024 CALLABLE   2017-10-30 2023-12-08
ZIMMER BIOMET HOLDINGS NOTE RATE 3.05 % MATURES 01/15/2026 CALLABLE   2020-06-09 2023-12-08
CITIGROUP INC ADJUSTABLE RATE 3.98 % MATURES 03/20/2030 CALLABLE   2020-03-30 2023-12-11
CITIGROUP INC NTS B/E 4.412% 033131 DTD033120 CALL@MW+55BP   2020-06-03 2023-12-11
GOLDMAN SACHS GROUP INC RATE 3.814 % MATURES 04/23/2029 CALLABLE   2020-01-10 2023-12-11
JPMORGAN CHASE & CO ADJUSTABLE RATE 3.54 % MATURES 05/01/2028 CALLABLE   2018-12-14 2023-12-11
METLIFE INC NOTE RATE 4.55 % MATURES 03/23/2030 CALLABLE DATED DATE 03/23/20   2020-06-10 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 2.25 % MATURES 11/15/2027   2021-04-19 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 2.50 % MATURES 02/28/2026   2021-04-19 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 2.375 % MATURES 05/15/2029   2021-04-19 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 2.375 % MATURES 05/15/2027   2021-04-19 2023-12-11
U S TREASURY NOTE RATE 2.125 % MATURES 05/15/2025   2021-04-19 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 1.875 % MATURES 07/31/2026   2021-04-19 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 1.50 % MATURES 02/15/2030   2021-04-19 2023-12-11
WELLS FARGO & CO MEDIUM TERM NOTE RATE 4.15 % MATURES 01/24/2029 CALLABLE   2020-06-11 2023-12-11
ANTHEM INC NOTE RATE 4.101 % MATURES 03/01/2028 CALLABLE DATED DATE 03/02/20   2020-08-04 2023-12-11
APPLE INC B/E 3.350% 020927 DTD020917 FC080917 CALL@MW+12.5BP   2019-01-18 2023-12-11
BB&T CORP NTS B/E 02.500% 080124 DTD072919 FC020120   2020-03-10 2023-12-11
BK OF AMER CORP ADJUSTABLE RATE 1.898 % MATURES 07/23/2031 CALLABLE   2022-01-25 2023-12-11
BP CAP MKTS AMER RATE 4.234 % MATURES 11/06/2028 CALLABLE DATED DATE 11/06/2   2019-05-08 2023-12-11
CVS CAREMARK CORP NOTE RATE 3.875 % MATURES 07/20/2025 CALLABLE   2017-10-16 2023-12-11
CITIGROUP INC ADJUSTABLE RATE 3.668 % MATURES 07/24/2028 CALLABLE   2019-11-08 2023-12-11
COBB CNTY GA DEV AUTH TAX SR B RV BE/R/ 3.050 060127 DTD 120617   2017-11-16 2023-12-11
COLORADO HSG & FIN AUTH TAX RV BE/R/ 1.800 050126 DTD 022322   2022-01-26 2023-12-11
COMCAST CORP RATE 3.15 % MATURES 03/01/2026 CALLABLE DATED DATE 02/23/2016   2017-10-16 2023-12-11
ENBRIDGE INC NTS B/E 04.000% 100123 DTD100213 FC040114 CALL@MW+25BP   2018-11-08 2023-10-01
EQUINIX INC NOTE RATE 3.20 % MATURES 11/18/2029 CALLABLE DATED DATE 11/18/20   2022-01-24 2023-12-11
EXXON MOBIL CORP NOTE RATE 2.992 % MATURES 03/19/2025 CALLABLE   2020-03-18 2023-12-11
GOLDMAN SACHS GROUP INC NOTE RATE 1.992 % MATURES 01/27/2032 CALLABLE   2022-01-24 2023-12-11
JPMORGAN CHASE & CO RATE 3.30 % MATURES 04/01/2026 CALLABLE   2017-10-12 2023-12-11
JACKSON ST UNIV EDL BLDG TAX SR A RV BE/R/ 2.870 030124 DTD 111717   2017-10-18 2023-12-11
LOWE'S COS INC RATE 3.10 % MATURES 05/03/2027 CALLABLE DATED DATE 05/03/2017   2017-10-17 2023-12-11
MERCK & CO INC NOTE RATE 3.40 % MATURES 03/07/2029 CALLABLE   2019-07-01 2023-12-11
NEW MEXICO FIN AUTH TAX SR F RV BE/R/ 3.063 061527 DTD 113017   2017-11-08 2023-12-11
PEPSICO INC RATE 2.75 % MATURES 03/19/2030 CALLABLE DATED DATE 03/19/2020   2020-03-18 2023-12-11
SALESFORCE COM INC RATE 1.95 % MATURES 07/15/2031 CALLABLE   2022-01-24 2023-12-11
SAN FRANCISCO CA CITY & TAX SR C RV BE/R/ 2.733 050132 DTD 020822   2022-01-26 2023-12-11
SHELL INTERNATIONAL FIN NOTE RATE 3.25 % MATURES 05/11/2025   2019-05-14 2023-12-11
UNITED PARCEL SVC INC NOTE RATE 3.05 % MATURES 11/15/2027 CALLABLE   2019-07-01 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 3.125 % MATURES 11/15/2028   2019-12-24 2023-12-11
U S TREASURY INFL NOTE COUNTRY: DE NOTE RATE 2.25 % MATURES 11/15/2025   2017-10-31 2023-12-11
U S TREASURY INFL NOTE NOTE RATE 1.625 % MATURES 05/15/2026   2020-06-05 2023-12-11
US TSY NOTE 02.000 % DUE 02/15/23 DTD 02/15/13 FC 08/15/13   2020-01-31 2023-02-15
U S TREASURY NOTE NOTE RATE 2.50 % MATURES 05/15/2024   2018-06-15 2023-12-11
US TSY NOTE 00.125 % DUE 01/31/23 DTD 02/01/21 FC 07/31/21   2022-01-28 2023-12-11
WI TREASURY SEC NOTE RATE 1.125 % MATURES 02/15/2031   2022-01-24 2023-12-11
UNITEDHEALTH GROUP INC NOTE RATE 3.75 % MATURES 07/15/2025   2019-11-04 2023-12-11
UNIV CA TAX SR J RV BE/R/ 3.359 051525 DTD 032515   2017-11-21 2023-12-11
VERIZON COMMUNICATIONS RATE 1.75 % MATURES 01/20/2031 CALLABLE   2022-01-24 2023-12-11
ALPHAKEYS MILLENNIUM FD TD CLASS B SERIES 1 SUBTRANCHE2 A/O 11/30/23   2022-02-11 2023-03-31
(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 31,980   33,966 -1,986
b 41,315   48,215 -6,900
c 37,111   43,966 -6,855
d 24,376   27,496 -3,120
e 35,853   37,566 -1,713
25,692   34,932 -9,240
47,753   48,155 -402
28,000   28,000 0
11,625   12,326 -701
23,931   32,534 -8,603
30,940   42,918 -11,978
20,377   23,846 -3,469
41,480   47,048 -5,568
49,055   56,514 -7,459
73,696   86,965 -13,269
9,456   10,070 -614
38,351   46,805 -8,454
29,495   35,252 -5,757
23,578   26,130 -2,552
15,466   17,163 -1,697
10,840   11,654 -814
44,845   45,003 -158
37,649   41,502 -3,853
33,218   39,383 -6,165
44,434   52,117 -7,683
30,200   32,179 -1,979
23,704   28,253 -4,549
29,465   30,332 -867
32,198   37,743 -5,545
31,834   32,008 -174
16,469   26,352 -9,883
28,807   29,098 -291
21,557   24,623 -3,066
31,096   32,017 -921
44,804   53,648 -8,844
30,457   32,166 -1,709
33,685   35,505 -1,820
43,753   45,011 -1,258
56,033   73,581 -17,548
56,365   71,474 -15,109
82,157   121,532 -39,375
23,354   29,658 -6,304
157,515   170,336 -12,821
277,201   286,780 -9,579
69,076   70,946 -1,870
22,770   31,719 -8,949
40,431   44,683 -4,252
33,750   36,007 -2,257
4,606     4,606
5,035     5,035
7,242     7,242
1,892     1,892
2,947     2,947
2,807     2,807
1,700     1,700
4,447     4,447
144,532   147,414 -2,882
136,562   141,262 -4,700
31,139   33,815 -2,676
132,884   138,835 -5,951
112,400   113,730 -1,330
135,603   140,493 -4,890
145,980   145,649 331
39,717   40,744 -1,027
144,000   144,000 0
66,809   72,338 -5,529
57,980   70,162 -12,182
143,000   143,000 0
134,349   140,571 -6,222
138,663   143,329 -4,666
133,245   139,415 -6,170
140,458   142,275 -1,817
114,724   122,780 -8,056
60,158   67,344 -7,186
55,942   67,372 -11,430
120,557   136,182 -15,625
122,382   123,473 -1,091
116,664   137,941 -21,277
304,657   343,398 -38,741
315,047   342,328 -27,281
222,012   257,323 -35,311
303,748   339,147 -35,399
187,273   199,375 -12,102
312,806   343,449 -30,643
284,174   335,000 -50,826
118,483   137,125 -18,642
67,462   76,570 -9,108
72,070   73,669 -1,599
39,097   40,186 -1,089
35,641   41,884 -6,243
53,345   56,380 -3,035
48,725   50,526 -1,801
65,457   72,122 -6,665
69,713   75,000 -5,287
64,339   70,000 -5,661
67,230   70,275 -3,045
35,000   34,891 109
13,368   15,221 -1,853
63,207   65,033 -1,826
23,435   27,708 -4,273
71,620   75,198 -3,578
64,507   65,000 -493
70,542   75,132 -4,590
70,196   77,817 -7,621
89,028   95,000 -5,972
76,204   83,849 -7,645
24,664   28,855 -4,191
37,283   45,000 -7,717
58,438   60,275 -1,837
56,456   61,018 -4,562
61,471   68,674 -7,203
124,023   129,538 -5,515
149,170   155,747 -6,577
90,000   90,000 0
98,824   98,835 -11
95,000   95,000 0
64,740   76,200 -11,460
68,450   71,688 -3,238
92,107   95,532 -3,425
23,741   27,615 -3,874
9,527,574   6,629,460 2,898,114
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       -1,986
b       -6,900
c       -6,855
d       -3,120
e       -1,713
      -9,240
      -402
      0
      -701
      -8,603
      -11,978
      -3,469
      -5,568
      -7,459
      -13,269
      -614
      -8,454
      -5,757
      -2,552
      -1,697
      -814
      -158
      -3,853
      -6,165
      -7,683
      -1,979
      -4,549
      -867
      -5,545
      -174
      -9,883
      -291
      -3,066
      -921
      -8,844
      -1,709
      -1,820
      -1,258
      -17,548
      -15,109
      -39,375
      -6,304
      -12,821
      -9,579
      -1,870
      -8,949
      -4,252
      -2,257
      4,606
      5,035
      7,242
      1,892
      2,947
      2,807
      1,700
      4,447
      -2,882
      -4,700
      -2,676
      -5,951
      -1,330
      -4,890
      331
      -1,027
      0
      -5,529
      -12,182
      0
      -6,222
      -4,666
      -6,170
      -1,817
      -8,056
      -7,186
      -11,430
      -15,625
      -1,091
      -21,277
      -38,741
      -27,281
      -35,311
      -35,399
      -12,102
      -30,643
      -50,826
      -18,642
      -9,108
      -1,599
      -1,089
      -6,243
      -3,035
      -1,801
      -6,665
      -5,287
      -5,661
      -3,045
      109
      -1,853
      -1,826
      -4,273
      -3,578
      -493
      -4,590
      -7,621
      -5,972
      -7,645
      -4,191
      -7,717
      -1,837
      -4,562
      -7,203
      -5,515
      -6,577
      0
      -11
      0
      -11,460
      -3,238
      -3,425
      -3,874
      2,898,114
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 2,136,604
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 59,141
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 59,141
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 59,141
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 62,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 62,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 46
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 2,813
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow2,813 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
Yes
 
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 arrowHTTPS://GILBERTFAMILYFOUNDATION.ORG/
14
The books are in care ofright arrowMATTHEW RIZIK Telephone no.right arrow (313) 782-9500

Located atright arrow1074 WOODWARD AVENUEDETROITMI ZIP+4right arrow482261906
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
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
JENNIFER GILBERT PRESIDENT
1.00 		0 0 0
1074 WOODWARD AVENUE
DETROIT,MI48226
JEFFREY MORGANROTH SECRETARY
1.00 		0 0 0
1074 WOODWARD AVENUE
DETROIT,MI48226
MATTHEW RIZIK TREASURER
1.00 		0 0 0
1074 WOODWARD AVENUE
DETROIT,MI48226
LAURA GRANNEMANN EXECUTIVE DIRECTOR
24.00 		0 0 0
1074 WOODWARD AVENUE
DETROIT,MI48226
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
DARNELL ADAMS DIRECTOR, DETROIT CO
40.00 		174,953 9,856 0
1074 WOODWARD AVENUE
DETROIT,MI48226
JJ VELEZ DIRECTOR, PUBLIC SPA
40.00 		153,571 21,974 0
1074 WOODWARD AVENUE
DETROIT,MI48226
KALYAN VINNAKOTA SENIOR SCIENTIFIC PR
40.00 		164,091 10,740 0
1074 WOODWARD AVENUE
DETROIT,MI48226
JASMIN DEFORREST SENIOR DIRECTOR, ART
40.00 		137,303 11,008 0
1074 WOODWARD AVENUE
DETROIT,MI48226
JAMES FEAGIN DIRECTOR, ECONOMIC M
40.00 		118,949 18,962 0
1074 WOODWARD AVENUE
DETROIT,MI48226
Total number of other employees paid over $50,000...................right arrow 10
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
IVAN BAINES CONTRACTOR 137,630
2650 LAKE SHORE DRIVE 2604
RIVIERA BEACH,FL33404
ARNOLD PORTER LEGAL SERVICES 83,933
601 MASSACHUSETTS AVE NW
WASHINGTON,DC20001
CITIES REIMAGINED CIVIC DESIGNER 67,600
801 COURT STEET SUITE 4
LYNCHBURG,VA24504
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
24,644,905
b
Average of monthly cash balances.......................
1b
50,075,158
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
74,720,063
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
74,720,063
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,120,801
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
73,599,262
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,679,963
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
3,679,963
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
59,141
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
59,141
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,620,822
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,620,822
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
3,620,822
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
97,706,758
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
97,706,758
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 3,620,822
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
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...... 5,801,808
e From 2022...... 45,278,527
f Total of lines 3a through e ........ 51,080,335
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 97,706,758
a Applied to 2022, 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 2023 distributable amount..... 3,620,822
e Remaining amount distributed out of corpus 94,085,936
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 5 145,166,271
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		145,166,271
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 5,801,808
d Excess from 2022.... 45,278,527
e Excess from 2023.... 94,085,936
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).)
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

HENRY FORD HEALTH SYSTEM

1 FORD PLACE
DETROIT,MI48202 		N/A PC EXPANSION + SRAL 14,530,000

COMMUNITY FOUNDATION FOR SOUTHEAST MI

333 W FORT STREET SUITE 2010
DETROIT,MI48226 		N/A PC FIDO FUNDING 7,402,000

INVEST DETROIT

600 RENAISSANCE CENTER SUITE 1710
DETROIT,MI48243 		N/A PC DETROIT COMMUNITY INITIATIVES 6,294,100

ENTERPRISE COMMUNITY PARTNERS

70 CORPORATE CENTER 11000 BROKEN
LAND PARKWAY SUITE 700
COLUMBIA,MD21044 		N/A PC DETROIT COMMUNITY INITIATIVES 5,500,000

CRANBROOK EDUCATIONAL COMMUNITY

PO BOX 801
BLOOMFIELD,IL48303 		N/A PC DISCRETIONARY 4,649,217

CHILDREN'S HOSPITAL OF PHILADELPHIA

3401 CIVIC CENTER BLVD
PHILADELPHIA,PA19104 		N/A PC CURING NF 3,454,767

NF FORWARD

1074 WOODWARD AVENUE
DETROIT,MI48226 		N/A PC BENEFIT X GALA MATCH / CURING NF 2,767,596

DOWNTOWN DETROIT PARTNERSHIP

1000 WOODWARD AVENUE SUITE 380
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 2,680,150

JOHN HOPKINS UNIVERSITY

3910 KESWICK ROAD N4327-B
BALTIMORE,MD21211 		N/A NC CURING NF 2,628,454

CHN HOUSING PARTNERS

2999 PAYNE AVE ROOM 134
CLEVELAND,OH44114 		N/A NC DETROIT COMMUNITY INITIATIVES 2,625,000

UNITED COMMUNITY HOUSING COALITION

2727 2ND AVENUE SUITE 313
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 2,566,666

DELAWARE STATE UNIVERSITY

1200 NORTH DUPONT HIGHWAY
DOVER,DE19901 		N/A NC CURING NF 2,500,000

BOARD OF TRUSTEES OF MICHIGAN STATE UNIVERSITY

426 AUDITORIUM ROAD ROOM 360
EAST LANSING,MI48824 		N/A PC DISCRETIONARY 2,125,000

MICHIGAN LEGAL SERVICES

2727 SECOND AVENUE SUITE 333
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 1,666,666

TECHTOWN

440 BURROUGHS STREET
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 1,565,900

E WARREN DEVELOPMENT

4424 BISHOP
DETROIT,MI48224 		N/A PC DETROIT COMMUNITY INITIATIVES 1,500,000

WASHINGTON UNIVERSITY

700 ROSEDALE AVENUE
ST LOUISE,MO63112 		N/A PC CURING NF 1,359,565

UNITED STATES ARTIST

200 WEST MADISON STREET 3FL
CHICAGO,IL60606 		N/A PC DETROIT COMMUNITY INITIATIVES 1,341,600

LAKESHORE LEGAL AID

30500 VAN DYKE AVENUE SUITE 601
WARREN,MI48093 		N/A PC DETROIT COMMUNITY INITIATIVES 1,333,333

REGENTS OF THE UNIVERSITY OF MICHIGAN

3003 S STATE STREET 5000 WOLVERINE
TOWER
ANN ARBOR,MI48109 		N/A NC CURING NF 1,315,226

SCHEPENS EYE RESEARCH INSTITUTE

20 STANFORD STREET
BOSTON,MA02114 		N/A PC CURING NF 1,114,370

BATTELLE MEMORIAL INSTITUTE

505 KING AVENUE
COLUMBUS,OH43201 		N/A PC CURING NF 1,084,227

THE GREENING OF DETROIT

13000 W MCNICHOLS
DETROIT,MI48235 		N/A PC DETROIT COMMUNITY INITIATIVES 1,000,000

CHILDREN'S HOSPITAL MEDICAL CENTER

3333 BURNET AVENUE MLC 4900
CINCINNATI,OH45229 		N/A PC CURING NF 993,422

MOTOWN HISTORICAL MUSEUM

2648 W GRAND BLVD
DETROIT,MI48208 		N/A PC DETROIT COMMUNITY INITIATIVES 950,000

CHILDREN'S HOSPITAL CORPORATION

300 LONGWOOD AVENUE
BOSTON,MA02115 		N/A PC CURING NF 898,279

CITY OF DETROIT

2 WOODWARD AVENUE SUITE 1200
DETROIT,MI48226 		N/A GOV DETROIT COMMUNITY INITIATIVES 837,500

TRUSTEES OF INDIANA UNIVERSITY

1024 E 3RD STREET ROOM 132
BLOOMINGTON,IN47405 		N/A NC CURING NF 818,096

VENTURE FOR AMERICA

1420 WASHINGTON BLVD SUITE 301
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 750,000

STRATEGIC COMMUNITY PARTNERS

10240 WEST MCNICHOLS
DETROIT,MI48221 		N/A PC DETROIT COMMUNITY INITIATIVES 720,750

CHILDREN'S RESEARCH INSTITUTE

111 MICHIGAN AVE NW
WASHINGTON,DC20010 		N/A PC CURING NF 700,000

GREEN & HEALTH HOMES

2714 HUDSON STREET
BALTIMORE,MD21224 		N/A PC DETROIT COMMUNITY INITIATIVES 671,930

COLLEGE FOR CREATIVE STUDIES

201 E KIRBY STREET
DETROIT,MI48202 		N/A NC DISCRETIONARY 630,000

UNIVERSITY OF ALABAMA AT BIRMINGHAM

801 5TH AVENUE SOUTH ROOM 251
BIRMINGHAM,AL35233 		N/A NC CURING NF 613,547

UNIVERSITY OF SYDNEY

71-79 ARUNDEL STREET
SYDNEY    
AS 		N/A NC CURING NF 598,734

CHILDREN'S HOSPITAL

1 INVENTA PLACE 6TH FLOOR WEST
SILVER SPRING,MD20910 		N/A PC CURING NF 550,000

CHILDREN'S TUMOR FOUNDATION

697 3RD AVENUE SUITE 418
NEW YORK,NY10017 		N/A PC CURING NF 502,500

DETROIT DEVELOPMENT FUND

3031 WEST GRAND BLVD SUITE 505
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 500,000

STANFORD UNIVERSITY

485 BROADWAY
REDWOOD CITY,CA94063 		N/A NC CURING NF 499,854

NORTH CORKTOWN NEIGHBORHOOD

3005 ROSA PARKS BOULEVARD
DETROIT,MI48216 		N/A PC DETROIT COMMUNITY INITIATIVES 457,398

INFIXION BIOSCIENCE

2435 CARROLL LANE
ESCONDIDO,CA92027 		N/A PC CURING NF 433,820

360 DETROIT

1159 W EUCLID
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 425,000

INSTITUTE OF MOLECULAR BIOTECHNOLOGY

GASSE 3
AU 		N/A PC CURING NF 421,607

THE GENERAL HOSPITAL CORPORATION

55 FRUIT STREET
BOSTON,MA02114 		N/A PC CURING NF 414,214

VIRGINIA COMMONWEALTH UNIVERSITY

800 E LEIGH STREET SUITE 3100
RICHMOND,VA23284 		N/A NC CURING NF 412,676

WAYNE STATE UNIVERSITY

5700 CASS AVENUE SUITE 4100 AAB
DETROIT,MI48202 		N/A NC DISCRETIONARY 410,000

THE OHIO STATE UNIVERSITY

901 WOODY HAYES DRIVE
COLUMBUS,OH43210 		N/A NC CURING NF 399,500

UNIVERSITY OF ROCHESTER

518 HYLAN BUILDING
ROCHESTER,NY14642 		N/A NC CURING NF 386,671

HUMAN I-T

230 E 3RD ST A
LONG BEACH,CA90802 		N/A PC DETROIT COMMUNITY INITIATIVES 363,100

MD ANDERSON

1515 HOLCOMBE BOULEVARD
HOUSTON,TX77030 		N/A PC CURING NF 315,016

UNIVERSITY OF MASSACHUSETTS

55 LAKE AVENUE NORTH
WORCESTER,MA01605 		N/A NC CURING NF 295,320

ARTSPACE PROJECTS

230 THIRD AVENUE NORTH SUITE 400
MINNEAPOLIS,MI55401 		N/A PC DETROIT COMMUNITY INITIATIVES 250,000

BLACK LEADERS DETROIT

8425 W NCNICHOLS DRIVE
DETROIT,MI48042 		N/A PC DETROIT COMMUNITY INITIATIVES 250,000

ECOSYSTEM SOFTWARE USA

4263 MAIN STREET
MANCHESTER,VT05254 		N/A PC DETROIT COMMUNITY INITIATIVES 250,000

MRCC COMMUNITY SERVICE TRUST FUND

11687 AMERICAN AVE SUITE 200
DETROIT,MI48204 		N/A PC DETROIT COMMUNITY INITIATIVES 231,900

CULTURE SOURCE

2937 E GRAND BLVD SUITE 315
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 225,000

PROJECT EVERGREEN FOUNDATION

8500 STATION STREET 230
MENTOR,OH44060 		N/A PC DETROIT COMMUNITY INITIATIVES 225,000

GREEN LIVING SCIENCE

1331 HOLDEN STREET
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 221,200

CLEVELAND CLINIC

9500 EUCLID AVENUE
CLEVELAND,MI44195 		N/A PC CURING NF 200,000

METRO DETROIT BLACK BUSINESS ALLIANCE

1234 WASHINGTON BLVD SUITE 200
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 200,000

THE PARADISE VALLEY CULTURAL & ENTERTAINMENT DISTRICT CONSERVANCY

1407 RANDOLPH STREET SUITE 310
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 196,841

GREEKTOWN NEIGHBORHOOD PARTNERSHIP

400 MONROE STREET SUITE 340
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 190,000

ENTERPRISE AT WORK

1100 N MAIN STREET SUITE 100
ANN ARBOR,MI48104 		N/A PC DETROIT COMMUNITY INITIATIVES 189,000

EASTERN MARKET CORPORATION

2934 RUSSELL STREEET
DETROIT,MI48207 		N/A PC DETROIT COMMUNITY INITIATIVES 180,000

PENNINGTON BIOMEDICAL RESEARCH CENTER

6400 PERKINS ROAD
BATON ROUGE,LA70808 		N/A PC CURING NF 172,519

DETROIT INSTITUTE OF ARTS

6200 WOODARD AVENUE
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 163,000

ALZHEIMER'S DISEASE AND RELATED DISORDERS ASSOCIATION

25200 TELEGRAPH SUITE 100
SOUTHFIELD,MI48033 		N/A PC DISCRETIONARY 151,387

DETROIT OPERA HOUSE

1526 BROADWAY
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 150,000

MIDTOWN DETROIT

3939 WOODWARD AVENUE SUITE 100
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 150,000

A SENSE OF HOME

3457 W EL SEGUNDO BLVD
HAWTHORNE,CA90250 		N/A PC DISCRETIONARY 100,000

BRILLIANT DETROIT

5675 LARKINS STREET
DETROIT,MI48210 		N/A PC DISCRETIONARY 100,000

CHALLENGED ATHLETES FOUNDATION

9591 WAPLES STREET
SAN DIEGO,CA92121 		N/A PC DISCRETIONARY 100,000

CITIZEN ROBOTICS

2100 20TH STREET
DETROIT,MI48216 		N/A PC DETROIT COMMUNITY INITIATIVES 100,000

COMMUNITY DEVELOPMENT ADVOCATES OF DETROIT

440 BURROUGHS STREET SUITE 201
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 100,000

THE ANDREW MCDONOUGH B FOUNDATION

101 ROCKLAND CIRCLE
WILMINGTON,DE19803 		N/A PC CURING NF 100,000

NW GOLDBERG CARES

6122 15TH STREET
DETROIT,MI48208 		N/A PC DETROIT COMMUNITY INITIATIVES 87,565

DETROIT FUTURE CITY

440 BURROUGHS STREET SUITE 229
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 80,000

CENTRAL DETROIT CHRISTIAN COMMUNITY DEVELOPMENT

1550 TAYLOR STREET
DETROIT,MI48206 		N/A PC DETROIT COMMUNITY INITIATIVES 75,000

SHAKESPEARE IN DETROIT

8425 W MCNICHOLS
DETROIT,MI48221 		N/A PC DETROIT COMMUNITY INITIATIVES 75,000

INDUSTRIAL SEWING AND INNOVATION CENTER (ISAIC)

5800 CASS
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 70,000

SADZA SPACE

3341 CODY STREET
DETROIT,MI48212 		N/A PC DETROIT COMMUNITY INITIATIVES 70,000

PUBLIC HEALTH INSTITUTE

555 12TH STREET SUITE 600
OAKLAND,CA94607 		N/A PC CURING NF 67,155

BASBLUE

110 E FERRY STREET
DETROIT,MI48202 		N/A PC DISCRETIONARY 50,000

BOYS & GIRLS CLUBS OF SOUTHEASTERN MICHIGAN

26777 HALSTED ROAD SUITE 100
FARMINGTON HILLS,MI48331 		N/A PC DISCRETIONARY 50,000

DETROIT HISTORICAL SOCIETY

5401 WOODWARD AVENUE
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 50,000

DETROIT SYMPHONY ORCHESTRA

3711 WOODWARD AVENUE
DETROIT,MI48201 		N/A PC DISCRETIONARY 50,000

DOWNTOWN BOXING GYM

6445 E VERNOR HIGHWAY
DETROIT,MI48207 		N/A PC DETROIT COMMUNITY INITIATIVES 50,000

MUSEUM OF AFRICAN AMERICAN HISTORY

315 E WARREN AVENUE
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 50,000

EASTSIDE COMMUNITY NETWORK

4401 CONNER
DETROIT,MI48216 		N/A PC DETROIT COMMUNITY INITIATIVES 25,000

INTERNATIONAL WOMEN'S FORUM

1155 15TH STREET NW SUITE 1000
WASHINGTON,DC20005 		N/A PC DISCRETIONARY 25,000

NORWEST COMMUNITY COLLABORATIVE

19556 GRAND RIVER AVENUE
DETROIT,MI48223 		N/A PC DETROIT COMMUNITY INITIATIVES 25,000

MIGHTYCAUSE CHARITABLE FOUNDATION

4428 LAFAYETTE STREET
MARIANNA,FL32447 		N/A PC DISCRETIONARY 22,988

PLAY FOR A CAUSE

1514 WASHINGTON BOULEVARD 507
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 20,000

ILITCH CHARITIES

2211 WOODWARD AVENUE
DETROIT,MI48201 		N/A PC DISCRETIONARY 18,000

SHAMROCK 555 FOUNDATION

13910 SIMONE DRIVE
SHELBY TOWNSHIP,MI48315 		N/A PC DISCRETIONARY 15,550

MOORE ART HOUSE

1403 EDISON
DETROIT,MI48206 		N/A PC DETROIT COMMUNITY INITIATIVES 15,000

JDRF INTERNATIONAL

200 VESEY STREET 8TH FLOOR
NEW YORK,NY10281 		N/A PC DISCRETIONARY 12,500

SIDEWALK DETROIT

82 CLAIRMOUNT
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 12,350

LITTLE TRAVERSE CONSERVANCY

3264 POWELL ROAD
HARBOR SPRINGS,MI49740 		N/A PC DISCRETIONARY 10,000

PELOTONIA

450 W BROAD STREET
COLUMBUS,OH43215 		N/A PC DISCRETIONARY 10,000

SKY FOUNDATION

33 BLOOMFIELD PARKWAY
BLOOMFIELD HILLS,MI48304 		N/A PC DISCRETIONARY 10,000

THE EMPOWERMENT PLAN

7640 KERCHEVAL AVENUE
DETROIT,MI48214 		N/A PC DISCRETIONARY 10,000

NATIONAL MULTIPLE SCLEROSIS SOCIETY

733 THIRD AVENUE FLOOR 3
NEW YORK,NY10017 		N/A PC DISCRETIONARY 7,500

MUSEUM OF CONTEMPORARY ART DETROIT

4454 WOODWARD AVENUE
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 6,000

HOFFMAN INSTITUTE FOUNDATION

1299 FOUTH STREET PH600
SAN RAFAEL,CA94901 		N/A PC DISCRETIONARY 5,000

SEVENTEEN22 FOUNDATION

8535 PLAINVIEW ROAD
KRUM,TX76249 		N/A PC DISCRETIONARY 5,000

TEMPLE OF ISRAEL OF DETROIT

5725 WALNUT LAKE ROAD
WEST BLOOMFIELD,MI48323 		N/A PC DISCRETIONARY 5,000

COTS

26 PETERBORO STREET SUITE 100
DETROIT,MI48201 		N/A PC DISCRETIONARY 2,500

NEUROFIBROMATOSIS MICHIGAN

PO BOX 6026
GRAND RAPIDS,MI49516 		N/A PC CURING NF 2,500

CRAIN COMMUNICATIONS

1155 GRATIOT AVENUE
DETROIT,MI48207 		N/A PC DISCRETIONARY 2,000

CANCER THRIVERS NETWORK

6735 TELEGRAPH ROAD SUITE 100
BLOOMFIELD HILLS,MI48301 		N/A PC DISCRETIONARY 1,500

CANCER EVOLUTION

1074 WOODWARD AVE
DETROIT,MI48226 		N/A PC DISCRETIONARY 1,000

EXPERIENCE CAMPS

136 MAIN STREET SUITE 206
WESTPORT,CT06880 		N/A PC DISCRETIONARY 1,000

JARC

6735 TELEGRAPH ROAD SUITE 100
BLOOMFIELD HILLS,MI48301 		N/A PC DISCRETIONARY 1,000

JEWISH FEDERATION OF METROPOLITAN DETROIT

6735 TELEGRAPH ROAD
BLOOMFIELD HILLS,MI48301 		N/A PC DISCRETIONARY 500

JEWISH WAR VETERANS OF THE UNITED STATES OF AMERICA

PO BOX 725066
BERKLEY,MI48072 		N/A PC DISCRETIONARY 500

MISSION OF OUR LADY OF THE ANGELS

3808 W IOWA STREET
CHICAGO,IL60651 		N/A PC DISCRETIONARY 500
Total .................................right arrow 3a 94,266,226
bApproved for future payment

INVEST DETROIT
600 RENAISSANCE CENTER SUITE 1710
DETROIT,MI48243 		N/A PC DETROIT COMMUNITY INITIATIVES 15,882,440

COMMUNITY FOUNDATION FOR SOUTHEAST MI
333 W FORT STREET SUITE 2010
DETROIT,MI48226 		N/A PC FIDO FUNDING 8,598,000

DELAWARE STATE UNIVERSITY
1200 NORTH DUPONT HIGHWAY
DOVER,DE19901 		N/A NC CURING NF 7,500,000

ENTERPRISE COMMUNITY PARTNERS
70 CORPORATE CENTER 11000 BROKEN
LAND PARKWAY SUITE 700
COLUMBIA,MD21044 		N/A PC DETROIT COMMUNITY INITIATIVES 1,105,000

UNITED COMMUNITY HOUSING COALITION
2727 2ND AVENUE SUITE 313
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 1,075,000

THE GREENING OF DETROIT
13000 W MCNICHOLS
DETROIT,MI48235 		N/A PC DETROIT COMMUNITY INITIATIVES 800,000

E WARREN DEVELOPMENT
4424 BISHOP
DETROIT,MI48224 		N/A PC DETROIT COMMUNITY INITIATIVES 500,000

THE PARADISE VALLEY CULTURAL & ENTERTAINMENT DISTRICT CONSERVANCY
1407 RANDOLPH STREET SUITE 310
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 286,660

STRATEGIC COMMUNITY PARTNERS
10240 WEST MCNICHOLS
DETROIT,MI48221 		N/A PC DETROIT COMMUNITY INITIATIVES 248,500

TECHTOWN
440 BURROUGHS STREET
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 227,950

GREEKTOWN NEIGHBORHOOD PARTNERSHIP
400 MONROE STREET SUITE 340
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 153,018

CULTURE SOURCE
2937 E GRAND BLVD SUITE 315
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 150,000

DETROIT INSTITUTE OF ARTS
6200 WOODARD AVENUE
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 150,000

DETROIT OPERA HOUSE
1526 BROADWAY
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 150,000

MUSEUM OF AFRICAN AMERICAN HISTORY
315 E WARREN AVENUE
DETROIT,MI48201 		N/A PC DETROIT COMMUNITY INITIATIVES 150,000

360 DETROIT
1159 W EUCLID
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 145,000

CENTRAL DETROIT CHRISTIAN COMMUNITY DEVELOPMENT
1550 TAYLOR STREET
DETROIT,MI48206 		N/A PC DETROIT COMMUNITY INITIATIVES 145,000

SADZA SPACE
3341 CODY STREET
DETROIT,MI48212 		N/A PC DETROIT COMMUNITY INITIATIVES 130,000

CITIZEN ROBOTICS
2100 20TH STREET
DETROIT,MI48216 		N/A PC DETROIT COMMUNITY INITIATIVES 100,000

GREEN LIVING SCIENCE
1331 HOLDEN STREET
DETROIT,MI48202 		N/A PC DETROIT COMMUNITY INITIATIVES 75,000

PROJECT EVERGREEN FOUNDATION
8500 STATION STREET 230
MENTOR,OH44060 		N/A PC DETROIT COMMUNITY INITIATIVES 25,000

MOORE ART HOUSE
1403 EDISON
DETROIT,MI48206 		N/A PC DETROIT COMMUNITY INITIATIVES 15,000

PLAY FOR A CAUSE
1514 WASHINGTON BOULEVARD 507
DETROIT,MI48226 		N/A PC DETROIT COMMUNITY INITIATIVES 5,000

DISCOUNTED GRANTS
1074 WOODWARD AVE
DETROIT,MI48226 		  PC N/A -176,717
Total ................................. right arrow 3b 37,439,851
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 ........... 		    14 524,797  
4 Dividends and interest from securities ....     14 1,617,312  
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 2,136,604  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue: a
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,278,713 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,278,713
(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 GILBERT FAMILY FOUNDATION
 
Employer identification number

35-7294609
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 GILBERT FAMILY FOUNDATION
  		Employer identification number
35-7294609
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
DANIEL B GILBERT
 
1074 WOODWARD AVE
 
DETROIT, MI48226

$ 25,000,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
THE DETROIT 300 CONSERVANCY
 
1 CAMPUS MARTIUS SUITE 380
 
DETROIT, MI48226

$ 56,130


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
PYRAMID DEVELOPMENT CO LLC
 
630 WOODWARD AVE
 
DETROIT, MI48226

$ 9,187,142


(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 GILBERT FAMILY FOUNDATION
  		Employer identification number

35-7294609
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
2
 EQUIPMENT DONATION $ 56,130 2023-06-12
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
3
 HISTORICAL PRESERVATION CREDIT $ 9,187,142 2023-08-02
(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 GILBERT FAMILY FOUNDATION
  		Employer identification number

35-7294609
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 InvestmentsOtherSchedule2
Name:
THE GILBERT FAMILY FOUNDATION
EIN:
35-7294609
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
ALTERNATIVE INVESTMENTS FMV 16,865,695 16,865,695
ASSET BACKED SECURITIES - 8395 FMV 1,744,000 1,744,000

TY 2023 LegalFeesSchedule
Name:
THE GILBERT FAMILY FOUNDATION
EIN:
35-7294609
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL 164,805 0   144,766


TY 2023 OtherExpensesSchedule
Name:
THE GILBERT FAMILY FOUNDATION
EIN:
35-7294609
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INFORMATION TECHNOLOGY 480,109 0   481,557
INSURANCE 22,972 0   36,234
MISCELLANEOUS 154,594 0   118,881
MARKETING 503,389 0   503,389


TY 2023 OtherIncreasesSchedule
Name:
THE GILBERT FAMILY FOUNDATION
EIN:
35-7294609
Description Amount
TRANSFERS INTO TGFF FROM GFF 1,499,850
UNREALIZED GAIN 1,282,666
PRIOR PERIOD ADJUSTMENT 2,889,374


TY 2023 OtherProfessionalFeesSchedule
Name:
THE GILBERT FAMILY FOUNDATION
EIN:
35-7294609
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BROKERAGE FEES 30,753 30,753   0
OTHER PROFESSIONAL FEES 516,718 0   485,588


TY 2023 TaxesSchedule
Name:
THE GILBERT FAMILY FOUNDATION
EIN:
35-7294609
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 62,000 0   0
PAYROLL TAXES 104,399 0   104,399
OTHER TAXES 8,963 0   8,963