| 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 2025, WILLIAM C. FORD, JR. SCHOLARSHIP FUND DID NOT PAY ANY FEES TO BODMAN PLC FOR THE SERVICES REFERRED TO IN THIS PARAGRAPH. |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| 40 UNITS ALPHABET | 518 | 11,255 |
| 40 UNITS AMAZON COM INC | 606 | 8,627 |
| 10 UNITS AMERCIAN EXPRESS CO | 1,549 | 2,150 |
| 10 UNITS AMGEN INC | 2,471 | 803 |
| 20 UNITS APPLE INC | 98 | 5,339 |
| 5 UNITS CATERPILLAR INC | 552 | 2,312 |
| 15 UNITS CHEVRON CORP | 996 | 1,291 |
| 5 UNITS CHUBB LTD | 602 | 959 |
| 5 UNITS COSTCO WHOLESALE | 230 | 4,082 |
| 10 UNITS DEERE & CO | 1,420 | 3,235 |
| 10 UNITS ELI LILLY & CO | 3,390 | 7,357 |
| 5 UNITS HOME DEPOT | 1,433 | 288 |
| 5 UNITS LINDE PLC | 1,665 | 467 |
| 25 UNITS MICROSOFT CORP | 1,565 | 10,525 |
| 5 UNITS PALO ALTO NETWORKS INC | 930 | 912 |
| 15 UNITS PROCTER & GAMBLE COM | 1,840 | 310 |
| 7 UNITS STRYKER CORP | 1,026 | 1,434 |
| 3 UNITS THERMO FISHER INC | 979 | 760 |
| 5 UNITS VISA INC | 1,121 | 633 |
| 10 UNITS HILTON WORLDWIDE HLDGS INC | 1,925 | 947 |
| 10 UNITS JPMORGAN CHASE & CO | 1,722 | 1,500 |
| 5 UNITS META PLATFORMS INC | 2,472 | 829 |
| 20 UNITS NVIDIA CORP COM | 1,860 | 2,802 |
| 3 UNITS S&P GLOBAL INC | 1,304 | 264 |
| 10 UNITS TJX COS INC | 930 | 606 |
| 5 UNITS ARISTA NETWORKS INC | 800 | 0 |
| 2 UNITS BERKSHIRE HATHAWAY INC | 1,033 | 0 |
| 5 UNITS BROADCOM INC COM | 1,177 | 553 |
| 2 UNITS CADENCE DESIGN SYS INC | 690 | 0 |
| 2 UNITS EATON CORP PLC | 768 | 0 |
| 2 UNITS ECOLAB INC COM | 558 | 0 |
| 5 UNITS EXXON MOBIL CORP | 584 | 18 |
| 5 UNITS GE AEROSPACE | 1,313 | 227 |
| 2 UNITS INTUITIVE SURGICAL INC COM | 1,075 | 58 |
| 10 UNITS NETFLIX INC COM | 955 | 0 |
| 5 UNITS O REILLY AUTOMOTIVE INC | 510 | 0 |
| 5 UNITS ORACLE CORP COM | 673 | 301 |
| 5 UNITS STARBUCKS CORP COM | 473 | 0 |
| 2 UNITS T-MOBILE US INC COM | 456 | 0 |
| 1 UNIT TESLA INC COM | 440 | 9 |
| 5 UNITS TRANE TECHNOLOGIES PLC | 2,137 | 0 |
| 10 UNITS UBER TECHNOLOGIES INC | 721 | 96 |
| 10 UNITS MFC ISHARES TR CORE S&P SMALL-CAP ETF | 1,182 | 20 |
| 15 UNITS MFC VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS | 820 | 0 |
| 35 UNITS VANGUARD FTSE DEVELOPED MARKETS ETF | 2,111 | 75 |
| Category/ Item | Listed at Cost or FMV | Book Value | End of Year Fair Market Value |
|---|---|---|---|
| 490 UNITS ISHARES MSCI ACWI | AT COST | 29,174 | 40,156 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT FEES | 57 | 57 | 0 | |
| SCHOLARSHIP AMERICA MANAGEMENT FEES | 25,500 | 0 | 25,500 | |
| MICHIGAN ANNUAL REPORT | 20 | 0 | 20 |