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 10-01-2023 , and ending 09-30-2024
Name of foundation
HERRICK FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)2010 HOGBACK ROAD SUITE 5
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
ANN ARBOR, MI48105
A Employer identification number

38-6041517
B Telephone number (see instructions)

(734) 646-3281
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$183,762,532J 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... 4,506,073 4,506,073  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,872,147
b Gross sales price for all assets on line 6a 148,636,933
7 Capital gain net income (from Part IV, line 2)... 1,872,147
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)....... Click to see attachment
List of Attached Documents:
// Content
805,634 805,634  
12 Total. Add lines 1 through 11........ 7,183,854 7,183,854  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 419,286 79,957   339,329
14 Other employee salaries and wages...... 96,422 9,441   86,981
15 Pension plans, employee benefits....... 62,559 9,699   52,860
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
13,224 6,612   6,612
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
39,250 19,625   19,625
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
406,936 280,941   125,995
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
78,593 42,593    
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 16,983 3,397   13,586
21 Travel, conferences, and meetings....... 22,975 1,904   21,071
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
337,621 297,264   40,357
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,493,849 751,433   706,416
25 Contributions, gifts, grants paid....... 7,463,088 7,463,088
26 Total expenses and disbursements. Add lines 24 and 25 8,956,937 751,433   8,169,504
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -1,773,083
b Net investment income (if negative, enter -0-) 6,432,421
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............. 64,748 67,523 67,523
2 Savings and temporary cash investments......... 3,019,961 2,583,861 2,583,861
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.......... 10,000    
10a Investments—U.S. and state government obligations (attach schedule) 4,998,257 Click to see attachment
List of Attached Documents:
// Content
6,454,901 		6,560,894
b Investments—corporate stock (attach schedule)....... 111,895,863 Click to see attachment
List of Attached Documents:
// Content
21,695,708 		21,851,095
c Investments—corporate bonds (attach schedule)....... 12,984,780 Click to see attachment
List of Attached Documents:
// Content
122,108,736 		127,361,332
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).......... 47,860,356 Click to see attachment
List of Attached Documents:
// Content
26,143,096 		25,337,827
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) 180,833,965 179,053,825 183,762,532
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) Click to see attachment
List of Attached Documents:
// Content
24,106 		Click to see attachment
List of Attached Documents:
// Content
17,049
23 Total liabilities (add lines 17 through 22)......... 24,106 17,049
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........ 180,809,859 179,036,776
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 180,809,859 179,036,776
30 Total liabilities and net assets/fund balances (see instructions). 180,833,965 179,053,825
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
180,809,859
2
Enter amount from Part I, line 27a .....................
2
-1,773,083
3
Other increases not included in line 2 (itemize) right arrow
3
 
4
Add lines 1, 2, and 3 ..........................
4
179,036,776
5
Decreases not included in line 2 (itemize) right arrow
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
179,036,776
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 SEE EXHIBIT A P    
b
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 148,636,933   146,764,786 1,872,147
b
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       1,872,147
b
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 1,872,147
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 89,411
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 89,411
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 89,411
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 50,137
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld .......... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. Part VI Line 7 - Tax Paid with the Original Return: 39274 7 89,411
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10  
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow   Refundedright arrow 11  
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$   (2) On foundation managers.right arrow$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
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
 
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 arrowHERRICKFDN.ORG
14
The books are in care ofright arrowWENDY BRIGHTMAN Telephone no.right arrow (734) 646-3281

Located atright arrow2010 HOGBACK ROAD SUITE 52010 HOGBACK ROAD SUITE 5ANN ARBORMI ZIP+4right arrow48105
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
 
 
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
LISA HERRICK PARKER PRESIDENT/TR
40.00 		120,000 0 0
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
LINDA J HERRICK TRUSTEE
10.00 		12,000 0 0
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
WENDY BRIGHTMAN CEO/SECRETAR
40.00 		279,786 0 0
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
SHELBY HERRICK TRUSTEE
2.00 		2,500 0 0
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
ERIC R PARKER TRUSTEE
2.00 		2,500 0 0
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
RACHEL PARKER TRUSTEE
2.00 		2,500 0 0
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
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
JENNIFER AMORMINO OFFICE MGR.
40.00 		94,407    
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
Total number of other employees paid over $50,000...................right arrow  
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
CLEARSTEAD ADVISORS LLC INVESTMENT FEES 164,728
1100 SUPERIOR AVE EAST SUITE 700
CLEVELAND,OH44114
BOLDLY GO PHILANTHROPY LLC CONSULTING 94,309
4011 SOUTH 176TH CIRCLE
OMAHA,NE68130
PNC BANK CUSTODIAN FEES 51,336
755 WEST BIG BEAVER SUITE 1500
TROY,MI48084
Total number of others receiving over $50,000 for professional services.............right arrow  
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 N/A  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow  
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
171,894,746
b
Average of monthly cash balances.......................
1b
5,289,159
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
177,183,905
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
 
2
Acquisition indebtedness applicable to line 1 assets..................
2
 
3
Subtract line 2 from line 1d.........................
3
177,183,905
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,657,759
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
174,526,146
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
8,726,307
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
8,726,307
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
89,411
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
89,411
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
8,636,896
4
Recoveries of amounts treated as qualifying distributions................
4
 
5
Add lines 3 and 4............................
5
8,636,896
6
Deduction from distributable amount (see instructions).................
6
 
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
8,636,896
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
8,169,504
b
Program-related investments—total from Part VIII-B..................
1b
 
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
8,169,504
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 8,636,896
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 7,452,581
b Total for prior years:20 , 20, 20  
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........  
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 8,169,504
a Applied to 2022, but not more than line 2a 7,452,581
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		 
c Treated as distributions out of corpus (Election
required—see instructions)........ 		 
d Applied to 2023 distributable amount..... 716,923
e Remaining amount distributed out of corpus  
5 Excess distributions carryover applied to 2023.    
(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  
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		 
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		 
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		 
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		 
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		7,919,973
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) ....... 		 
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		 
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		 
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
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 e-mail address of the person to whom applications should be addressed:
HERRICK FOUNDATION
2010 HOGBACK ROAD SUITE 5
2010 HOGBACK ROAD SUITE 5
ANN ARBOR,MI48105
(734) 646-3281
bThe form in which applications should be submitted and information and materials they should include:
SEE HERRICKFDN.ORG OR EMAIL ADMIN@HERRICKFDN.ORG
cAny submission deadlines:
N/A
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
SEE HERRICKFDN.ORG OR EMAIL ADMIN@HERRICKFDN.ORG
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

AIM HIGH SCHOOL
AIM HIGH SCHOOL
29230 W 12 MILE ROAD
29230 W 12 MILE ROAD
FARMINGTON HILLS,MI48334 		    TO SUPPORT HVAC INSTALLATION 100,000

GREAT LAKES CENTER FOR THE ARTS
GREAT LAKES CENTER FOR THE ARTS
800 BAY HARBOR DRIVE
800 BAY HARBOR DRIVE
PETOSKY,MI49770 		    SUPPORT SUSTAINABILITY CAMPAIGN 750,000

HENRY FORD HEALTH SYSTEM
HENRY FORD HEALTH SYSTEM
1 FORD PLACE 5A
1 FORD PLACE 5A
DETROIT,MI48202 		    SUPPORT FOR PRECISION MED. RESEARCH 500,000

INTERLOCHEN CENTER FOR THE ARTS
INTERLOCHEN CENTER FOR THE ARTS
4000 J MADDY PARKWAY
4000 J MADDY PARKWAY
INTERLOCHEN,MI49643 		    ENVISION INTERLOCHEN AT 100 CAMPAIGN 1,000,000

THE CENTER FOR MICHIGAN
THE CENTER FOR MICHIGAN
220 W MICHIGAN AVE
220 W MICHIGAN AVE
YPSILANTI,MI48197 		    SUPPORT OF BRIDGE MICHIGAN'S WORK 166,667

THE MICHIGAN WOMEN'S FOUNDATION
THE MICHIGAN WOMEN'S FOUNDATION
1155 BREWERY PARK BLVD
1155 BREWERY PARK BLVD
DETROIT,MI48207 		    SUPPORT FOR WOMEN FORWARD CAMPAIGN 100,000

UNIVERSITY OF MICHIGAN
UNIVERSITY OF MICHIGAN
777 EAST EISENHOWER PKY
777 EAST EISENHOWER PKY
ANN ARBOR,MI48108 		    SUPPORT FOR NEW MEDICAL FACILITY 1,000,000

WASHTENAW HOUSING ALLIANCE
WASHTENAW HOUSING ALLIANCE
PO BOX 7793
PO BOX 7793
ANN ARBOR,MI48107 		    SUPPORT SHARED HOUSING PROGRAM 50,000

STEM FLIGHTS
STEM FLIGHTS
526 KING STREET 506
526 KING STREET 506
ALEXANDRIA,VA22314 		    SUPPORT OF STEM FLIGHTS MICHIGAN 50,000

ARBOR HOSPICE
ARBOR HOSPICE
2366 OAK VALLEY DRIVE
2366 OAK VALLEY DRIVE
ANN ARBOR,MI48103 		    SUPPORT OF SIMULATION LAB PROGRAM 75,000

THE STEWARDSHIP NETWORK
THE STEWARDSHIP NETWORK
416 LONGSHORE DRIVE
416 LONGSHORE DRIVE
ANN ARBOR,MI48105 		    SUPPORT FOR TSN CAPACITY BUILDING 250,000

THE NATURE CONSERVANCY
THE NATURE CONSERVANCY
101 EAST CESAR CHAVEZ AVE
101 EAST CESAR CHAVEZ AVE
LANSING,MI48906 		    CONSERVATION OF KEWEENAW PENINSULA 500,000

AIM HIGH SCHOOL
AIM HIGH SCHOOL
29230 W 12 MILE ROAD
29230 W 12 MILE ROAD
FARMINGTON HILLS,MI48334 		    TO SUPPORT HAWK PARTY FUNDRAISER 50,000

LACASA
LACASA
2895 WEST GRAND RIVER AVE
2895 WEST GRAND RIVER AVE
HOWELL,MI48843 		    LEAD THE WAY IMPROWERMENT CAMPAIGN 250,000

LEGACY LAND CONSERVANCY
LEGACY LAND CONSERVANCY
6276 JACKSON ROAD SUITE G
6276 JACKSON ROAD SUITE G
ANN ARBOR,MI48103 		    SUPPORT SAVING FAMILY FARMS PROGRAM 50,000

MANY HANDS LIFESHARING COMMUNITY
MANY HANDS LIFESHARING COMMUNITY
1032 LOUISE STREET
1032 LOUISE STREET
YPSILANTI,MI48197 		    TO SUPPORT CAPACITY BUILDING 50,000

PETOSKEY-HARBOR SPRINGS COMM FD
PETOSKEY-HARBOR SPRINGS COMM FD
1349 US-131 SUITE A
1349 US-131 SUITE A
PETOSKEY,MI49770 		    SUPPORT LOFTS LUMBER SQUARE HOUSING 150,000

ST LOUIS CENTER EXCEPTIONAL CHILD
ST LOUIS CENTER EXCEPTIONAL CHILD
16195 WEST OLD US HWY 12
16195 WEST OLD US HWY 12
CHELSEA,MI48118 		    SUPPORT WATER SYSTEM UPGRADE 100,000

WASHTENAW CAMP PLACEMENT ASSOC
WASHTENAW CAMP PLACEMENT ASSOC
3135 SOUTH STATE STREET
3135 SOUTH STATE STREET
ANN ARBOR,MI48108 		    SUPPORT CAMP SCHOLARSHIPS 35,000

TECUMSEH AREA HISTORICAL SOCIETY
TECUMSEH AREA HISTORICAL SOCIETY
PO BOX 26
PO BOX 26
TECUMSEH,MI49286 		    SUPPORT-TAKING CARE OF OUR HOME 50,000

MCLAREN NORTHERN MICHIGAN FOUND
MCLAREN NORTHERN MICHIGAN FOUND
360 CONNABLE AVE
360 CONNABLE AVE
PETOSKEY,MI49770 		    SUPPORT NURSE INTERN PROGRAM 100,000

MICHIGAN COALITION TO END VIOLENCE
MICHIGAN COALITION TO END VIOLENCE
3893 OKEMOS RD SUITE B2
3893 OKEMOS RD SUITE B2
OKEMOS,MI48864 		    SUPPORT ECONOMIC JUSTICE PROJECT 150,000

MANY HANDS LIFESHARING COMMUNITY
MANY HANDS LIFESHARING COMMUNITY
1032 LOUISE STREET
1032 LOUISE STREET
YPSILANTI,MI48197 		    TO SUPPORT CAPACITY BUILDING 50,000

GRANTMAKERS IN AGING
GRANTMAKERS IN AGING
333 MAMARONECK AVE 238
333 MAMARONECK AVE 238
WHITE PLAINS,NY10605 		    SUPPORT POWERING EQUITABLE AGING DET 50,000

PRESBYTERIAN VILLAGES OF MI FOUND
PRESBYTERIAN VILLAGES OF MI FOUND
26200 LAHSER RD SUITE 300
26200 LAHSER RD SUITE 300
SOUTHFIELD,MI48033 		    CAMPAIGN FOR THE AGES WESTLAND EXP. 250,000

HURON WATERLOO PATHWAYS INITIATIVE
HURON WATERLOO PATHWAYS INITIATIVE
339 E LIBERTY ST 320
339 E LIBERTY ST 320
ANN ARBOR,MI48104 		    SUPPORT TIMBERTOWN PARK PROJECT 50,000

JEWISH FAMILY SERVICES WASHTENAW
JEWISH FAMILY SERVICES WASHTENAW
2245 S STATE ST
2245 S STATE ST
ANN ARBOR,MI48104 		    SUPPORT REFRIGERATION CAPACITY EXPAN 100,000

WOMEN'S RESOURCE CENTER NORTHERN MI
WOMEN'S RESOURCE CENTER NORTHERN MI
423 PORTER STREET
423 PORTER STREET
PETOSKEY,MI49770 		    SUPPORT EMPOWERING BRIGHT FUTURES 250,000

LENAWEE COMMUNITY FOUNDATION
LENAWEE COMMUNITY FOUNDATION
1440 W MAUMEE ST
1440 W MAUMEE ST
ADRIAN,MI49221 		    SUPPORT HEALTH HAPPINESS HOPE FUND 250,000

YPSILANTI MEALS ON WHEELS
YPSILANTI MEALS ON WHEELS
1110 W CROSS ST
1110 W CROSS ST
YPSILANTI,MI48197 		    SUPPORT PURCHASE OF EQUIPMENT 30,000

FRIENDSHIP CENTERS OF EMMET COUNTY
FRIENDSHIP CENTERS OF EMMET COUNTY
1322 ANDERSON ROAD
1322 ANDERSON ROAD
PETOSKEY,MI49770 		    SUPPORT PURCHASE OF DELIVERY VEHICLE 25,000

SAINT MARTIN'S UNIVERSITY
SAINT MARTIN'S UNIVERSITY
5000 ABBEY WAY SE
5000 ABBEY WAY SE
LACEY,WA98503 		    SUPPORT STIPENDS FOR UNPAID INTERNS. 25,000

PETOSKEY-HARBOR SPRINGS COMM FD
PETOSKEY-HARBOR SPRINGS COMM FD
1349 US-131 SUITE A
1349 US-131 SUITE A
PETOSKEY,MI49770 		    SUPPORT FUNDRAISING MGT. TRAINING 150,000

AVALON HOUSING
AVALON HOUSING
1327 JONES DR SUITE 102
1327 JONES DR SUITE 102
ANN ARBOR,MI48105 		    SUPPORT FOR CAPACITY BUILDING 10,000

DOMESTIC VIOLENCE PROJECT INC
DOMESTIC VIOLENCE PROJECT INC
4100 CLARK RD
4100 CLARK RD
ANN ARBOR,MI48105 		    SUPPORT FOR CAPACITY BUILDING 10,000

BLUE STAR SERVICE DOGS INC
BLUE STAR SERVICE DOGS INC
PO BOX 830
PO BOX 830
HAMBURG,MI48139 		    SUPPORT FOR CAPACITY BUILDING 10,000

GROWING HOPE INC
GROWING HOPE INC
922 W MICHIGAN AVE
922 W MICHIGAN AVE
YPSILANTI,MI48197 		    SUPPORT FOR CAPACITY BUILDING 10,000

HABITAT FOR HUMANITY MONROE
HABITAT FOR HUMANITY MONROE
14930 LAPLAISANCE 111
14930 LAPLAISANCE 111
MONROE,MI48161 		    SUPPORT FOR CAPACITY BUILDING 10,000

CATHOLIC SOCIAL SERVICES-WASHTENAW
CATHOLIC SOCIAL SERVICES-WASHTENAW
4925 PACKARD RD
4925 PACKARD RD
ANN ARBOR,MI48108 		    SUPPORT FOR CAPACITY BUILDING 10,000

ELE'S PLACE INC
ELE'S PLACE INC
1145 W OAKLAND AVE
1145 W OAKLAND AVE
LANSING,MI48915 		    SUPPORT FOR CAPACITY BUILDING 10,000

KIDS KICKING CANCER INC
KIDS KICKING CANCER INC
27600 NORTHWESTERN HWY
27600 NORTHWESTERN HWY
SOUTHFIELD,MI48034 		    SUPPORT FOR CAPACITY BUILDING 10,000

GABBYS LADDER
GABBYS LADDER
2262 N MONROE STREET
2262 N MONROE STREET
MONROE,MI48161 		    SUPPORT FOR CAPACITY BUILDING 10,000

OZONE HOUSE INC
OZONE HOUSE INC
1600 N HURON RIVER DR
1600 N HURON RIVER DR
YPSILANTI,MI48197 		    SUPPORT FOR CAPACITY BUILDING 10,000

AFRICAN AMERICAN CULTURAL MUSEUM
AFRICAN AMERICAN CULTURAL MUSEUM
3261 LOHR RD
3261 LOHR RD
ANN ARBOR,MI48108 		    SUPPORT FOR CAPACITY BUILDING 10,000

RIVERSIDE ARTS CENTER FOUNDATION
RIVERSIDE ARTS CENTER FOUNDATION
76 N HURON ST
76 N HURON ST
YPSILANTI,MI48197 		    SUPPORT FOR CAPACITY BUILDING 10,000

ANN ARBOR AREA COMMUNITY FOUNDATION
ANN ARBOR AREA COMMUNITY FOUNDATION
301 NORTH MAIN ST STE 300
301 NORTH MAIN ST STE 300
ANN ARBOR,MI48104 		    SUPPORT WASHTENAW CTY HOUSING STUDY 125,000

ANN ARBOR SYMPHONY ORCHESTRA
ANN ARBOR SYMPHONY ORCHESTRA
35 RESEARCH DR STE 100
35 RESEARCH DR STE 100
ANN ARBOR,MI48103 		    SUPPORT PODIUM ENDOWMENT PROGRAM 75,000

LEGACY LAND CONSERVANCY
LEGACY LAND CONSERVANCY
6276 JACKSON ROAD SUITE G
6276 JACKSON ROAD SUITE G
ANN ARBOR,MI48103 		    SUPPORT FOR LAND PROTECTION GROWTH 75,000

FAMILY COUNSEL & CHILDRENS SERVICES
FAMILY COUNSEL & CHILDRENS SERVICES
220 NORTH MAIN STREET
220 NORTH MAIN STREET
ADRIAN,MI49221 		    SUPPORT FOR CAPACITY BUILDING 150,000

MANY HANDS LIFESHARING COMMUNITY
MANY HANDS LIFESHARING COMMUNITY
1032 LOUISE STREET
1032 LOUISE STREET
YPSILANTI,MI48197 		    SUPPORT FOR LAND PURCHASE-BAKER ROAD 10,000

INDIANA U LILLY FAMILY SCHOOL
INDIANA U LILLY FAMILY SCHOOL
301 UNIVERSITY BLVD 300
301 UNIVERSITY BLVD 300
INDIANAPOLIS,IN46202 		    SUPPORT CFRM TRAINING PROGRAM 109,916

WASHTENAW COMMUNITY COLLEGE
WASHTENAW COMMUNITY COLLEGE
4800 E HURON RIVER DRIVE
4800 E HURON RIVER DRIVE
ANN ARBOR,MI48105 		    SUPPORT CFRM TRAINING PROGRAM 16,505

INTERLOCHEN CENTER FOR THE ARTS
INTERLOCHEN CENTER FOR THE ARTS
4000 J MADDY PARKWAY
4000 J MADDY PARKWAY
INTERLOCHEN,MI49643 		    SUPPORT TRUSTEES ANNUAL FUND 25,000
Total .................................right arrow 3a 7,463,088
bApproved for future payment

GREAT LAKES CENTER FOR THE ARTS
GREAT LAKES CENTER FOR THE ARTS
800 BAY HARBOR DRIVE
800 BAY HARBOR DRIVE
PETOSKEY,MI49770 		    SUPPORT OF SUSTAINABILITY CAMPAIGN 750,000

INTERLOCHEN CENTER FOR THE ARTS
INTERLOCHEN CENTER FOR THE ARTS
4000 J MADDY PARKWAY
4000 J MADDY PARKWAY
INTERLOCHEN,MI49643 		    SUPPORT TRUSTEES ANNUAL FUND 50,000

MICHIGAN COALITION TO END VIOLENCE
MICHIGAN COALITION TO END VIOLENCE
3893 OKEMOS RD SUITE B2
3893 OKEMOS RD SUITE B2
OKEMOS,MI48864 		    SUPPORT ECONOMIC JUSTICE PROJECT 150,000

MANY HANDS LIFESHARING COMMUNITY
MANY HANDS LIFESHARING COMMUNITY
1032 LOUISE STREET
1032 LOUISE STREET
YPSILANTI,MI48197 		    SUPPORT CAPACITY BUILDING PROGRAM 50,000

HENRY FORD HEALTH SYSTEM
HENRY FORD HEALTH SYSTEM
1 FORD PLACE 5A
1 FORD PLACE 5A
DETROIT,MI48202 		    SUPPORT PRECISION MEDICINE PROGRAM 500,000

INTERLOCHEN CENTER FOR THE ARTS
INTERLOCHEN CENTER FOR THE ARTS
4000 J MADDY PARKWAY
4000 J MADDY PARKWAY
INTERLOCHEN,MI49643 		    SUPPORT ENVISION INTERLOCHEN AT 100 2,000,000

PRESBYTERIAN VILLAGES OF MI FOUND
PRESBYTERIAN VILLAGES OF MI FOUND
26200 LAHSER RD SUITE 300
26200 LAHSER RD SUITE 300
SOUTHFIELD,MI48033 		    SUPPORT CAMPAIGN FOR THE AGES WEST. 750,000

UNIVERSITY OF MICHIGAN
UNIVERSITY OF MICHIGAN
777 E EISENHOWER PKY 650
777 E EISENHOWER PKY 650
ANN ARBOR,MI48108 		    SUPPORT NEW MEDICAL FACILITY TOWER 1,000,000

WASHTENAW HOUSING ALLIANCE
WASHTENAW HOUSING ALLIANCE
PO BOX 7993
PO BOX 7993
ANN ARBOR,MI48107 		    SUPPORT SHARED HOUSING PROGRAM 50,000

THE NATURE CONSERVANCY
THE NATURE CONSERVANCY
101 E CESAR E CHAVEZ AVE
101 E CESAR E CHAVEZ AVE
LANSING,MI48906 		    SUPPORT CONSERVATION EFFORT KEW. PEN 1,000,000

LEGACY LAND CONSERVANCY
LEGACY LAND CONSERVANCY
6276 JACKSON ROAD SUITE G
6276 JACKSON ROAD SUITE G
ANN ARBOR,MI48103 		    SUPPORT LAND PROTECTION GROWTH 75,000
Total ................................. right arrow 3b 6,375,000
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 ........... 		         
4 Dividends and interest from securities ....     14 4,506,073  
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 1,872,147  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aCLASS ACTION PROCEEDS 		    18 459  
bOTHER INCOME - GLASFUND     18 805,175  
c
d
e
12 Subtotal. Add columns (b), (d), and (e) ..   7,183,854  
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,183,854
(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:  
Part VI Line 7 - Tax Paid with the Original Return: 39,274


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 39,250 19,625   19,625

TY 2023 InvestmentsCorpBondsSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Name of Bond End of Year Book Value End of Year Fair Market Value
CORPORATE BONDS - SEE EXHIBIT B 122,108,736 127,361,332

TY 2023 InvestmentsCorpStockSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Name of Stock End of Year Book Value End of Year Fair Market Value
CORPORATE STOCK - SEE EXHIBIT B 21,695,708 21,851,095

TY 2023 InvestmentsGovtObligationsSch
Name:
HERRICK FOUNDATION
EIN:
38-6041517
US Government Securities - End of Year Book Value:

6,454,901
US Government Securities - End of Year Fair Market Value:

6,560,894
State & Local Government Securities - End of Year Book Value:


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


 


TY 2023 InvestmentsOtherSchedule2
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
OTHER INVESTMENTS - SEE EXHIBIT B   26,143,096 25,337,827

TY 2023 LegalFeesSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 13,224 6,612   6,612


TY 2023 OtherExpensesSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXPENSES        
NPC INVESTMENT EXPENSE 259 259    
RPM INVESTMENT EXPENSE 4,310 4,310    
PRISA INVESTMENT EXPENSE 54,504 54,504    
MICHIGAN INVESTMENT EXPENSE 39,533 39,533    
INSURANCE 9,272 927   8,345
NINETY ONE EXPENSE 3,205 3,205    
BRIDGE WORK FORCE EXP 9,503 9,503    
MEMBERSHIPS AND DUES 15,968     15,968
GRANTS SOFTWARE 9,787     9,787
BROOKFIELD SUPER CORE EXPENSE 64,323 64,323    
BETABLE INVESTMENT EXPENSE 244 244    
ARCTARIS INVESTMENT EXPENSE 17,692 17,692    
MONDRIAN EXPENSE 102,157 102,157    
MISCELLANEOUS EXPENSE 235     235
OFFICE EXPENSE 4,972 497   4,475
401K PLAN FEES 1,100 110   990
TELEPHONE 557     557


TY 2023 OtherIncomeSchedule2
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
CLASS ACTION PROCEEDS 459 459  
OTHER INCOME - GLASFUND 805,175 805,175  


TY 2023 OtherLiabilitiesSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARD - PNC 9,236 993
FEDERAL PAYROLL LIABILITY 8,079 11,420
MICHIGAN PAYROLL LIABILITY 6,791 1,793
401K LIABILITY   2,843


TY 2023 OtherProfessionalFeesSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK FEES 51,932 46,739   5,193
INVESTMENT MANAGEMENT FEES 240,780 216,702   24,078
CONSULTING FEES 114,224 17,500   96,724


TY 2023 TaxesSchedule
Name:
HERRICK FOUNDATION
EIN:
38-6041517
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 42,593 42,593    
EXCISE TAXES        
  36,000