| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 50,000 | 25,000 | 25,000 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| SERVICES ACCEPTED FROM A DISQUALIFIED PERSON | PART VI-B, 1A(3) & 1A(4) | FORD ESTATES, LLC (2000 BRUSH ST., SUITE 440, DETROIT, MI 48226), IS A BUSINESS OFFICE MAINTAINED FOR, AND AT THE EXPENSE OF, VARIOUS MEMBERS OF THE FORD FAMILY WHO, WITH RESPECT TO THIS FUND, ARE "DISQUALIFIED PERSONS", INCLUDING PARTICULARLY LYNN F. ALANDT, BENSON FORD, JR., AND DAVID M. HEMPSTEAD.FORD ESTATES, LLC SUPPLIES ACCOUNTING SERVICES AND OFFICE SERVICES (COLLECTING INCOME, DISTRIBUTION OF CONTRIBUTIONS, MAINTENANCE OF ACCOUNTS AND RECORDS, HANDLING CORRESPONDENCE, PREPARATION OF TAX RETURNS AND ANNUAL REPORTS, AND SIMILAR MATTERS PERTAINING TO THE OFFICE OF THE TREASURER. SUCH SERVICES ARE PERFORMED BY CHRISTINE E. JAGGI AND BY OTHERS IN FORD ESTATES, LLC UNDER THEIR SUPERVISION. NO COMPENSATION IS PAID BY BENSON & EDITH FORD FUND DIRECTLY TO CHRISTINE E. JAGGI AS COMPENSATION FOR HER SERVICES IN ANY OF THE CAPACITIES LISTED ABOVE OR OTHERWISE. IN 2023, $50,000 WAS PAID BY BENSON & EDITH FORD FUND TO FORD ESTATES, LLC FOR ALL THE SERVICES REFERRED TO IN THIS PARAGRAPH. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| DTD 06/30/2018 2.75% DUE 06-30-2025 | 95,898 | 97,563 |
| UNITED STATES OF AMER TREAS NOTES 3.0% 06-30-2024 | 98,203 | 98,953 |
| UNITED STATES TREAS NTS DTD 12/31/2018 2.625% DUE 12-31-2023 | 443,654 | 450,000 |
| UNITED STATES TREAS NTS FIXED 2.625% 12-31-2025 | 94,898 | 96,930 |
| UNITED STATES TREAS NTS 2.375% 12-31-2024 | 96,223 | 97,539 |
| SHELL INTL FIN B V 2.875% DUE 05-10-2026 | 49,156 | 48,146 |
| AMAZON COM INC 5.2% 12-03-2025 | 107,606 | 101,152 |
| APPLE INC 3% DUE 06-20-2027 | 51,182 | 48,105 |
| BERKSHIRE HATHAWAY FINANCE CORP 2.3% DUE03-15-2027 | 47,915 | 47,324 |
| CATERPILLAR FINANCIAL SERVICES CORP 0.8% MTN11-13-202 | 49,601 | 46,682 |
| CATERPILLAR FINL SVCS CORP MTN 2.85% 05-17-2024 | 151,299 | 148,450 |
| COMCAST CORP 4.55% 01-15-2029 | 95,647 | 100,537 |
| DEERE JOHN CAP CORP MEDIUM TERM NTS-BOOK.7% DUE 01-15-2026 | 147,696 | 139,075 |
| EXXON MOBIL CORP 2.709% DUE 03-06-2025 | 144,600 | 146,497 |
| GENERAL MLS INC 3.65 NOTE DUE 02-15-2024 | 174,788 | 174,480 |
| HOME DEPOT INC 3.35% DUE 09-15-2025 | 50,211 | 49,019 |
| HONEYWELL INTL INC 2.3% DUE 08-15-2024 | 48,000 | 49,107 |
| JOHNSON & JOHNSON .95% DUE 09-01-2027 | 46,743 | 44,646 |
| KROGER CO 2.65% DUE 10-15-2026 | 103,933 | 94,514 |
| MASTERCARD INC FIXED 3.3% DUE 03-26-2027 | 49,820 | 48,522 |
| MCDONALDS CORP MED TERM 3.5% | 47,835 | 48,605 |
| NORTHROP GRUMMAN 3.2% DUE 02-01-2027 | 47,661 | 48,125 |
| ORACLE CORP 2.95% DUE 11-15-2024 | 101,678 | 97,762 |
| UNION PAC CORP 3.15% 03-01-2024 | 151,155 | 149,326 |
| WASTE MGMT INC DEL .75% DUE 11-15-2025 | 45,988 | 46,455 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| FORD MTR CO DEL COM | 49 | 8,289 |
| ACCENTURE PLC | 129,088 | 140,364 |
| ALPHABET INC CAP STK | 52,785 | 563,720 |
| AMAZON COM INC COM | 177,354 | 805,282 |
| AMERICAN EXPRESS CO | 248,459 | 281,010 |
| AMGEN INC COM | 234,798 | 288,020 |
| ANALOG DEVICES INC COM | 135,801 | 158,848 |
| APPLE INC COM STK | 246,371 | 702,735 |
| BOOZ ALLEN HAMILTON HLDG CORP CL A COM STK | 191,788 | 255,820 |
| CATERPILLAR INC COM | 86,086 | 443,505 |
| CHENIERE ENERGY INC COM | 185,148 | 256,065 |
| CHEVRON CORP COM | 286,713 | 410,190 |
| CHUBB LTD ORD CHF | 187,938 | 293,800 |
| COSTCO WHOLESALE CORP | 272,489 | 792,096 |
| DANAHER CORP COM | 174,497 | 185,072 |
| DEERE & CO COM | 172,353 | 299,903 |
| ELI LILLY & CO COM | 118,799 | 233,168 |
| EXXON MOBIL CORP COM | 68,774 | 74,985 |
| HOME DEPOT INC COM | 210,946 | 242,585 |
| HONEYWELL INTL INC COM STK | 173,051 | 230,681 |
| IOVANCE BIOTHERAPEUTICS INC COM | 79,997 | 81,300 |
| JACOBS SOLUTIONS INC COM | 108,375 | 129,800 |
| LINDE PLC | 138,701 | 164,284 |
| MCDONALDS CORP COM | 135,686 | 148,255 |
| MICROSOFT CORP COM | 313,285 | 601,664 |
| NIKE INC CL B | 164,224 | 162,855 |
| NORTHROP GRUMMAN CORP COM | 84,737 | 93,628 |
| PALO ALTO NETWORKS INC COM | 198,235 | 294,880 |
| PEPSICO INC COM | 262,298 | 254,760 |
| PROCTER & GAMBLE COM | 322,562 | 351,696 |
| PROLOGIS INC COM | 247,749 | 266,600 |
| SALESFORCE INC COM | 172,201 | 197,355 |
| STARBUCKS CORP COM | 116,642 | 115,212 |
| STRYKER CORP | 372,598 | 479,136 |
| THERMO FISHER SCIENTIFIC INC | 468,351 | 530,790 |
| UNITED PARCEL SVC INC CL B | 135,468 | 125,784 |
| VISA INC COM CL A STK | 213,297 | 234,315 |
| WASTE MGMT INC DEL COM STK | 114,116 | 125,370 |
| ZOETIS INC COM USD0.01 CL 'A' | 253,658 | 296,055 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| BRUSH STREET STRATEGIC CREDIT FUND II, LLC | AT COST | 2,263,989 | 2,259,877 |
| HARVEST MLP INCOME FUND LLC | AT COST | 10,018 | 15,424 |
| PACIFIC FUND I, LP | AT COST | 2,855,941 | 4,745,059 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LEGAL FEES | 220 | 110 | 110 |
| Description | Beginning of Year - Book Value | End of Year - Book Value | End of Year - Fair Market Value |
|---|---|---|---|
| FEDERAL EXCISE TAX RECEIVABLE | 0 | 0 | 0 |
| UNRELATED BUSINESS TAX RECEIVABLE | 3,653 | 0 | 0 |
| NY UBIT TAX RECEIVABLE | 1,221 | 0 | 0 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| MICHIGAN ANNUAL REPORT | 20 | 0 | 20 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| MISCELLENEOUS INCOME | 1,495 | 1,495 | 1,495 |
| FROM K-1 - PACIFIC FUND I, LP | 97,092 | 97,092 | 97,092 |
| FROM K-1 - BRUSH STREET STRATEGIC CREDIT FUND II, LLC | 102,826 | 86,797 | 102,826 |
| Description | Beginning of Year - Book Value | End of Year - Book Value |
|---|---|---|
| FEDERAL EXCISE TAX ACCRUED | 19,980 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| NORTHERN TRUST 44-91753 | 4 | 4 | 0 | |
| NORTHERN TRUST 44-91754 | 28,200 | 28,200 | 0 | |
| NORTHERN TRUST 44-91755 | 4,943 | 4,943 | 0 |