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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
WILLIAM C FORD JR SCHOLARSHIP PROGRAM
 
Number and street (or P.O. box number if mail is not delivered to street address)1901 ST ANTOINE 6TH FL FORD FIEL
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DETROIT, MI48226
A Employer identification number

20-2462203
B Telephone number (see instructions)

(313) 259-7777
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$316,977
J 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      
4 Dividends and interest from securities... 20,456 20,456  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,033
b Gross sales price for all assets on line 6a 20,817
7 Capital gain net income (from Part IV, line 2)... 1,033
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........ 21,489 21,489  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)...        
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 25,570 50   25,520
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 25,570 50   25,520
25 Contributions, gifts, grants paid....... 175,500 175,500
26 Total expenses and disbursements. Add lines 24 and 25 201,070 50   201,020
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -179,581
b Net investment income (if negative, enter -0-) 21,439
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 411,114 233,108 233,108
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 45,189 Click to see attachment
List of Attached Documents:
// Content
43,614
55,468
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 29,174 Click to see attachment
List of Attached Documents:
// Content
29,174
28,401
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) 485,477 305,896 316,977
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
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........ 3,105,307 3,106,340
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -2,619,830 -2,800,444
29 Total net assets or fund balances (see instructions)..... 485,477 305,896
30 Total liabilities and net assets/fund balances (see instructions). 485,477 305,896
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
485,477
2
Enter amount from Part I, line 27a .....................
2
-179,581
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
305,896
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
305,896
Form 990-PF (2024)
Form 990-PF (2024)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b PUBLICLY TRADED SECURITIES      
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 6,974   7,337 -363
b 13,843   12,447 1,396
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       -363
b       1,396
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7
Bracket 2 1,033
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) 1 298
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........................... 3 298
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- ..... 5 298
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 1,889
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 1,889
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 1,591
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,591 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowCHRISTINE JAGGI Telephone no.right arrow (313) 961-0500

Located atright arrow2000 BRUSH STREET SUITE 440DETROITMI ZIP+4right arrow482262251
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 2024, 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 (2024)
Form 990-PF (2024)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
Yes
 
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
No
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position
(c) Compensation
(If not paid, enter
-0-)
(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
WILLIAM C FORD JR PRESIDENT/DIRECTOR
0.25
0 0 0
2000 BRUSH STREET STE 440
DETROIT,MI48226
DAVID M HEMPSTEAD SECRETARY/DIRECTOR
0.25
0 0 0
1901 ST ANTOINE STREET 6TH FL
DETROIT,MI48226
JAMES G VELLA TREASURER/DIRECTOR
0.25
0 0 0
2000 BRUSH STREET STE 440
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
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
NONE
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2024)
Form 990-PF (2024)
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
151,864
b
Average of monthly cash balances.......................
1b
370,778
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
522,642
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
522,642
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
7,840
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
514,802
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
25,740
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
25,740
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
298
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
298
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
25,442
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
25,442
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
25,442
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
201,020
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
201,020
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus
(b)
Years prior to 2023
(c)
2023
(d)
2024
1 Distributable amount for 2024 from Part X, line 7 25,442
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 300,682
b From 2020...... 251,806
c From 2021...... 246,104
d From 2022...... 238,898
e From 2023...... 217,391
f Total of lines 3a through e ........ 1,254,881
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 201,020
a Applied to 2023, 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 2024 distributable amount..... 25,442
e Remaining amount distributed out of corpus 175,578
5 Excess distributions carryover applied to 2024. 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 1,430,459
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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions .............
0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 ..........
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 2019 not
applied on line 5 or line 7 (see instructions) ...
300,682
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
1,129,777
10 Analysis of line 9:
a Excess from 2020.... 251,806
b Excess from 2021.... 246,104
c Excess from 2022.... 238,898
d Excess from 2023.... 217,391
e Excess from 2024.... 175,578
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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).)
WILLIAM C FORD JR
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
SCHOLARSHIP MANAGEMENT SERVICES
ONE SCHOLARSHIP WAY
SAINT PETER,MN56082
(800) 537-4180
bThe form in which applications should be submitted and information and materials they should include:
THE APPLICATION MATERIALS ARE AVAILABLE ON THE FORD MOTOR COMPANY, INC. HR ONLINE (PROGRAMS & POLICIES) OR THROUGH THE EMPLOYEE NETWORK. OFFICIAL TRANSCRIPTS FROM POSTSECONDARY INSTITUTIONS SHOULD BE SUBMITTED WITH THE APPLICATION.
cAny submission deadlines:
APPLICATION POSTMARK DEADLINE IS JULY 15, WITH NOTIFICATION OF AWARDS IN LATE SEPTEMBER.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE WILLIAM C. FORD, JR. SCHOLARSHIP PROGRAM IS AVAILABLE TO DEPENDENT CHILDREN OF FULL-TIME ACTIVE FORD MOTOR COMPANY EMPLOYEES WHO ARE FIRST TIME APPLICANTS, UNITED STATES CITIZENS, UNMARRIED AND UNDER THE AGE OF 25. SEE APPLICATION GUIDELINES FOR ADDITIONAL INFORMATION AND RESTRICTIONS.
Form 990-PF (2024)
Form 990-PF (2024)
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
MATTHEW AMIDON


161 WOODCREEK CT
COMMERCE TOWNSHIP,MI48390
NONE I SCHOLARSHIP 1,500
KIRSTEN BERCEAU


19876 TRANQUILITY DR
MACOMB,MI48042
NONE I SCHOLARSHIP 1,500
ANDREW BISAGA


9149 DEODOR ST
SAINT JOHN,IN46373
NONE I SCHOLARSHIP 1,500
ABIGAIL BROOKE


25260 RUTLEDGE CROSSING
FARMINGTON HILLS,MI48335
NONE I SCHOLARSHIP 1,500
CHLOE BROOKES


763 S BATES ST
BIRMINGHAM,MI48009
NONE I SCHOLARSHIP 1,500
DYLAN BROWN


558 BELLE MEADE FARM DRIVE
LOVELAND,OH45140
NONE I SCHOLARSHIP 1,500
RENEE BURGESS


45091 LOTHROP COURT
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
AIDEN BURKE


1674 WILDWOOD TRAIL
SALINE,MI48176
NONE I SCHOLARSHIP 1,500
CARSON CALDWELL


614 PARKSIDE COURT
CHELSEA,MI48118
NONE I SCHOLARSHIP 1,500
CALLIE CELICHOWSKI


1290 GEORGETOWN LANESVILLE RD
GEORGETOWN,IN47122
NONE I SCHOLARSHIP 1,500
HARJAS CHAHIL


38997 CHESHIRE DRIVE
NORTHVILLE,MI48167
NONE I SCHOLARSHIP 1,500
PIETRO CIARAMITARO


55454 NILE WAY
MACOMB,MI48042
NONE I SCHOLARSHIP 1,500
JACOB CLARK


4165 SONATA DR
HOWELL,MI48843
NONE I SCHOLARSHIP 1,500
SIENNA CLARK


809 BERKSHIRE
GROSSE POINTE PARK,MI48230
NONE I SCHOLARSHIP 1,500
TREVOR COWER


11900 CARLTON RD 240B GLASER HOUSE
CLEVELAND,OH44106
NONE I SCHOLARSHIP 1,500
BRANDON CROUSE


6133 VIREORIDGE DR
LITHIA,FL33547
NONE I SCHOLARSHIP 1,500
GABRIELLE CUI


22249 BARCLAY DR
NOVI,MI48374
NONE I SCHOLARSHIP 1,500
IZZY CYNCEWICZ


14800 GREENBRIAR CT
PLYMOUTH,MI48170
NONE I SCHOLARSHIP 1,500
OLUWAKAYODE DADA


7007 ALBERTA DRIVE
CRESTWOOD,KY40014
NONE I SCHOLARSHIP 1,500
TANAY DAKARAPU


2446 SANDERS PL
BLOOMFIELD HILLS,MI48302
NONE I SCHOLARSHIP 1,500
KYLEE DANISH


3733 W ALBAIN RD
MONROE,MI48161
NONE I SCHOLARSHIP 1,500
LUKE DATSKO


969 TEKONSHA COURT
OXFORD,MI48371
NONE I SCHOLARSHIP 1,500
SIERRA DOROBEK


624 COVENTRY PLACE
AMHERST,OH44001
NONE I SCHOLARSHIP 1,500
SAMMY DUBAISI


725 BERWYN STREET
DEARBORN HEIGHTS,MI48127
NONE I SCHOLARSHIP 1,500
JOSIE DUNCAN


517 ATLANTIC ST
MILFORD,MI48381
NONE I SCHOLARSHIP 1,500
JACOB FENBERT


6452 SCOFIELD ROAD
MAYBEE,MI48159
NONE I SCHOLARSHIP 1,500
ZACHARY FENBERT


6452 SCOFIELD ROAD
MAYBEE,MI48159
NONE I SCHOLARSHIP 1,500
GRACE FERNANDES


41984 SALTZ RD
CANTON,MI48187
NONE I SCHOLARSHIP 1,500
EVA FILIPPI


22444 BEECH DALY
BROWNSTOWN,MI48134
NONE I SCHOLARSHIP 1,500
LEAH FITZGERALD


2821 ALLISON LANE
HIGHLAND,MI48357
NONE I SCHOLARSHIP 1,500
BLADE FOUNTAIN


24371 STRUIN
BROWNSTOWN,MI48134
NONE I SCHOLARSHIP 1,500
KEATON GADDIE


4608 SUNNY HILL DR
CRESTWOOD,KY40014
NONE I SCHOLARSHIP 1,500
KENDALL GADDIE


4608 SUNNY HILL DR
CRESTWOOD,KY40014
NONE I SCHOLARSHIP 1,500
RAHUL GHANTA


1372 CARTWRIGHT LN
SOUTH LYON,MI48178
NONE I SCHOLARSHIP 1,500
SHRAVYA GHANTASALA


1762 CRESTVIEW DR
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
HIBA GHIAS


2517 RIVER WOODS DR N
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
CHLOE GIFFORD


183 HUPP CROSS RD
BLOOMFIELD HILLS,MI48301
NONE I SCHOLARSHIP 1,500
FAYE GUAN


1821 SUNBURST DR
TROY,MI48098
NONE I SCHOLARSHIP 1,500
SHAILESH GULLIPALLI


51095 FEDERAL BLVD
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
ANNA GULYAS


110 MORAN RD
GROSSE POINTE FARMS,MI48236
NONE I SCHOLARSHIP 1,500
CARISSA HANKINS


30489 ROCKSHIRE AVE
FARMINGTON HILLS,MI48334
NONE I SCHOLARSHIP 1,500
AZEKEL HARTLEY


6357 CHARLES DR
WEST BLOOMFIELD,MI48322
NONE I SCHOLARSHIP 1,500
GRACE HETRICK


2650 DALEVIEW DR
ANN ARBOR,MI48105
NONE I SCHOLARSHIP 1,500
AVA HOCHTHANNER


1114 SURREY LANE
SOUTH LYON,MI48178
NONE I SCHOLARSHIP 1,500
CHLOE HOLTER


1087 WESTWOOD DR
BIRMINGHAM,MI48009
NONE I SCHOLARSHIP 1,500
ELLA HOPSON


1315 WEDGEWOOD CIRCLE
SALINE,MI48176
NONE I SCHOLARSHIP 1,500
SARAH HORAN


17877 BRIAR RIDGE LANE
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
VALENTINA HUTTER


23387 HILLVIEW CT
FARMINGTON,MI48335
NONE I SCHOLARSHIP 1,500
ANDREW IMAI


333 NORMANDY RD
ROYAL OAK,MI48073
NONE I SCHOLARSHIP 1,500
JOSEPH JARZEMBOWSKI


37693 KINGSBURN DRIVE
LIVONIA,MI48152
NONE I SCHOLARSHIP 1,500
SHANE JOHNSON


8833 CHINAVARE RD
NEWPORT,MI48166
NONE I SCHOLARSHIP 1,500
CHLOE KISER


2544 RAVINESIDE LN N
HOWELL,MI48843
NONE I SCHOLARSHIP 1,500
MEGAN KNAPKE


8300 RIDGEVALLEY CT
CINCINNATI,OH45247
NONE I SCHOLARSHIP 1,500
LUCY KWAK


28254 WOLCOTT DRIVE
NOVI,MI48377
NONE I SCHOLARSHIP 1,500
MAYA LAESCH


1837 LASALLE RD
CANTON,MI48187
NONE I SCHOLARSHIP 1,500
KAILEY LAMBERT


4431 PATTERSON LAKE ROAD
PINCKNEY,MI48169
NONE I SCHOLARSHIP 1,500
VIVIAN LEECH


1063 BALFOUR STREET
GROSSE POINTE PARK,MI48230
NONE I SCHOLARSHIP 1,500
JOSEPH LIDDLE


15335 MERION CT
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
NICHOLAS LIOTINO


224 HANOVER STREET
BOSTON,MA21113
NONE I SCHOLARSHIP 1,500
GRACE LIU


48712 WILDROSE DR
CANTON,MI48187
NONE I SCHOLARSHIP 1,500
SABRINA LOFTUS


1009 COLLEGE AVENUE
HOUGHTON,MI49931
NONE I SCHOLARSHIP 1,500
MEREDITH MAKOWSKI


1257 BICENTENNIAL PKWY
ANN ARBOR,MI48108
NONE I SCHOLARSHIP 1,500
BROCK MCINTYRE


3105 SANDHILL DR
DEXTER,MI48130
NONE I SCHOLARSHIP 1,500
ZAYN MERRICK


21717 BEDFORD DRIVE
NORTHVILLE,MI48167
NONE I SCHOLARSHIP 1,500
MAHEEN MIAN


40685 DEER CREEK CT
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
ALEXANDER MILOJEVIC


18357 CLAIRMONT CIRCLE WEST
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
ANDREW MLECZKO


501 S EDISON AVE
ROYAL OAK,MI48067
NONE I SCHOLARSHIP 1,500
MADISON MOORE


3050 WEST STEIN RD
LA SALLE,MI48145
NONE I SCHOLARSHIP 1,500
DANIELLE MORRIS


10 ENGLISH OAK ROAD
SIMPSONVILLE,SC29681
NONE I SCHOLARSHIP 1,500
NATALIE NIKOLAJEVS


19 BROOKLINE LANE
DEARBORN,MI48120
NONE I SCHOLARSHIP 1,500
JULIA NOAL


22642 STRATFORD CT
WOODHAVEN,MI48183
NONE I SCHOLARSHIP 1,500
ERIK PARROTT


2247 INDIAN CREEK CIRCLE
ANN ARBOR,MI48105
NONE I SCHOLARSHIP 1,500
ADRIANNA PATANIS


12766 WOODGROVE DRIVE
SOUTH LYON,MI48178
NONE I SCHOLARSHIP 1,500
ROMEL PATEL


47204 N POINTE DR
CANTON,MI48187
NONE I SCHOLARSHIP 1,500
DYLAN PENCE


1439 ARROWHEAD COURT
HAMILTON,OH45013
NONE I SCHOLARSHIP 1,500
CARLY PERRINO


2650 WINTER DR
TROY,MI48083
NONE I SCHOLARSHIP 1,500
JOSEPH PIERSON


9214 MAPLETREE DR
PLYMOUTH,MI48170
NONE I SCHOLARSHIP 1,500
AMANDA PIPPEL


19901 NE 151ST PL
WOODINVILLE,WA98077
NONE I SCHOLARSHIP 1,500
ANANYA PRASHAR


6440 CREEKSIDE DR
SHELBY TOWNSHIP,MI48316
NONE I SCHOLARSHIP 1,500
ELLA RACETTE


645 MORNING GLORY LN
MILAN,MI48160
NONE I SCHOLARSHIP 1,500
JIBRAAN RAHMAN


11270 MAPLE VALLEY DRIVE
PLYMOUTH,MI48170
NONE I SCHOLARSHIP 1,500
KATHRYN REVNEW


9403 N LAUREL AVE
KANSAS CITY,MO64157
NONE I SCHOLARSHIP 1,500
GRACE ROBERTS


23625 ROCKFORD ST
DEARBORN,MI48124
NONE I SCHOLARSHIP 1,500
AVA ROGOWSKI


174 KERBY ROAD
GROSSE POINTE FARMS,MI48236
NONE I SCHOLARSHIP 1,500
KATIE ROSE


31250 GLENMUER ST
FARMINGTON HILLS,MI48334
NONE I SCHOLARSHIP 1,500
GABRIEL RUSSELL


307 OZARK CT
VINE GROVE,KY40175
NONE I SCHOLARSHIP 1,500
CARLY SATAWA


21979 N LYON TRAIL
SOUTH LYON,MI48178
NONE I SCHOLARSHIP 1,500
NYLA SCARBER


27253 ARLINGTON DR
SOUTHFIELD,MI48076
NONE I SCHOLARSHIP 1,500
JANELLE SCHAFER


9407 THORNBIRD WAY
SALINE,MI48176
NONE I SCHOLARSHIP 1,500
KATHERINE SCHORNHORST


40429 BEECHWOOD CT
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
LAUREN SCHWEITZER


12904 COCKRELL COURT
LOUISVILLE,KY40299
NONE I SCHOLARSHIP 1,500
WILLIAM SELLMAYER


13861 WINDY OAKS RD
COLORADO SPRINGS,CO80921
NONE I SCHOLARSHIP 1,500
ERIN SEROS


42 GOLFSIDE DR
ST CLAIR,MI48079
NONE I SCHOLARSHIP 1,500
HETU SHAH


51085 LAUREL PARK
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
SHREYAS SHRIVASTAVA


44527 GWINNETT LOOP
NOVI,MI48377
NONE I SCHOLARSHIP 1,500
ROBERT SILAGHI


830 ROCK SPRING RD
BLOOMFIELD HILLS,MI48304
NONE I SCHOLARSHIP 1,500
DAVID SMITH II


47694 PAVILLON RD
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
DAKOTA STACY


220 SHOREWOOD DR
VALPARAISO,IN46385
NONE I SCHOLARSHIP 1,500
OLIVIA STEELE


40041 BEXLEY WAY
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
NOAH STIYER


151 GROSSE POINTE BLVD
GROSSE POINTE FARMS,MI48236
NONE I SCHOLARSHIP 1,500
CHIHO SUNG


4806 SHELLBARK DR
YPSILANTI,MI48197
NONE I SCHOLARSHIP 1,500
SAFA SYED


5173 VILLAGE COMMONS DR
WEST BLOOMFIELD,MI48322
NONE I SCHOLARSHIP 1,500
SANIYAH SYED


5173 VILLAGE COMMONS DR
WEST BLOOMFIELD,MI48322
NONE I SCHOLARSHIP 1,500
VARUN TALLURI


2086 WARBLER CT
COMMERCE TOWNSHIP,MI48382
NONE I SCHOLARSHIP 1,500
ADITYA TAMBE


320 CHERRY GROVE RD
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
PAIGE TOMLINSON


6123 WOODFORD DRIVE
LAKEVIEW,NY14085
NONE I SCHOLARSHIP 1,500
NICHOLAS TWIGG


6263 BLUE HERON CT
ANN ARBOR,MI48108
NONE I SCHOLARSHIP 1,500
KATELYN VIZE


4009 HIDDEN FALLS DRIVE
PROSPECT,KY40059
NONE I SCHOLARSHIP 1,500
SYDNEY WARREN


338 WESTBOURNE CT
CANTON,MI48188
NONE I SCHOLARSHIP 1,500
MADDISON WEGENER


9117 VILLAGE MEADOWS DRIVE
TEMPERANCE,MI48182
NONE I SCHOLARSHIP 1,500
ELIZABETH WEGLARZ


325 ANGOLA ST
WOLVERINE LAKE,MI48390
NONE I SCHOLARSHIP 1,500
ELYSE WIACEK


48424 RIVER WAY DR
CANTON,MI48187
NONE I SCHOLARSHIP 1,500
ANNA WROBLEWSKI


32257 BONDIE DR
BROWNSTOWN,MI48173
NONE I SCHOLARSHIP 1,500
MADISON YAGER


28010 CAMBRIDGE DRIVE
HARRISON TOWNSHIP,MI48045
NONE I SCHOLARSHIP 1,500
JIVIN YALAMANCHILI


16458 BROOKLANE BLVD
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
VALERIE YANG


48828 RUNNING TROUT LN
NORTHVILLE,MI48168
NONE I SCHOLARSHIP 1,500
JUSTIN YARGER


763 BLUE BIRD LN
MILAN,MI48160
NONE I SCHOLARSHIP 1,500
Total .................................right arrow 3a 175,500
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ...........
         
4 Dividends and interest from securities ....     14 20,456  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............
    18 1,033  
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 21,489 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
21,489
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
Firm's EIN Right Arrow
Firm's address Right Arrow


Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 GeneralExplanationAttachment
Name:
WILLIAM C FORD JR SCHOLARSHIP PROGRAM
EIN:
20-2462203
Identifier Return Reference Explanation
SERVICES ACCEPTED FROM A DISQUALIFIED PERSON PART VI-B, 1A (3) & 1A(4) DAVID M. HEMPSTEAD, LISTED AS SECRETARY AND DIRECTOR, IS A RETIRED PARTNER IN THE LAW FIRM OF BODMAN PLC, 1901 ST. ANTOINE STREET, 6TH FLOOR, DETROIT, MICHIGAN 48226. BODMAN PLC ACTS AS THE ATTORNEY FOR, AND PROVIDES LEGAL SERVICES TO, THE WILLIAM CLAY FORD, JR. SCHOLARSHIP FUND. IN TY 2024, WILLIAM C. FORD, JR. SCHOLARSHIP FUND DID NOT PAY ANY FEES TO BODMAN PLC FOR THE SERVICES REFERRED TO IN THIS PARAGRAPH.

TY 2024 InvestmentsCorpStockSchedule
Name:
WILLIAM C FORD JR SCHOLARSHIP PROGRAM
EIN:
20-2462203
Name of Stock End of Year Book Value End of Year Fair Market Value
40 UNITS ALPHABET 518 6,653
40 UNITS AMAZON COM INC 606 8,170
10 UNITS AMERCIAN EXPRESS CO 1,549 1,419
10 UNITS AMGEN INC 2,471 136
5 UNITS ANALOG DEVICES INC 839 224
20 UNITS APPLE INC 98 4,910
5 UNITS CATERPILLAR INC 552 1,262
15 UNITS CHEVRON CORP 996 1,177
5 UNITS CHUBB LTD 602 780
5 UNITS COSTCO WHOLESALE 230 4,352
3 UNITS DANAHER CORP 637 51
10 UNITS DEERE & CO 1,420 2,817
10 UNITS ELI LILLY & CO 3,390 4,330
5 UNITS HOME DEPOT 1,433 512
10 UNITS HONEYWELL INTL INC 1,562 697
5 UNITS LINDE PLC 1,665 429
25 UNITS MICROSOFT CORP 1,565 8,972
2 UNITS NORTHROP GRUMMAN CORP 847 91
5 UNITS PALO ALTO NETWORKS INC 930 889
15 UNITS PROCTER & GAMBLE COM 1,840 675
7 UNITS STRYKER CORP 1,026 1,494
3 UNITS THERMO FISHER INC 979 582
5 UNITS VISA INC 1,121 460
5 UNITS WASTE MGMT INC 792 217
10 UNITS CHIPOTLE MEXICAN GRILL INC COM 525 78
3 UNITS GARTNER INC 1,528 0
5 UNITS D R HORTON INC 974 0
10 UNITS HILTON WORLDWIDE HLDGS INC 1,925 546
10 UNITS INTERCONTINENTAL EXCHANGE INC 1,353 137
10 UNITS JPMORGAN CHASE & CO 1,722 675
5 UNITS META PLATFORMS INC 2,472 456
20 UNITS NVIDIA CORP COM 956 1,730
3 UNITS S&P GLOBAL INC 1,304 190
10 UNITS TJX COS INC 930 278
10 UNITS CANADIAN PAC KANS CITY LTD 819 0
3 UNITS UNITEDHEALTH GROUP INC 1,438 79

TY 2024 InvestmentsOtherSchedule2
Name:
WILLIAM C FORD JR SCHOLARSHIP PROGRAM
EIN:
20-2462203
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
490 UNITS ISHARES MSCI ACWI AT COST 29,174 28,401

TY 2024 OtherExpensesSchedule
Name:
WILLIAM C FORD JR SCHOLARSHIP PROGRAM
EIN:
20-2462203
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 50 50   0
SCHOLARSHIP AMERICA MANAGEMENT FEES 25,500 0   25,500
MICHIGAN ANNUAL REPORT 20 0   20