﻿<?xml version="1.0" encoding="utf-8"?>
<Return xmlns="http://www.irs.gov/efile" xmlns:xsi="http://www.w3.org/2001/XMLSchema-instance" returnVersion="2025v4.0">
  <ReturnHeader binaryAttachmentCnt="0">
    <ReturnTs>2026-05-28T08:17:22-04:00</ReturnTs>
    <TaxPeriodEndDt>2025-12-31</TaxPeriodEndDt>
    <PreparerFirmGrp>
      <PreparerFirmEIN>383531087</PreparerFirmEIN>
      <PreparerFirmName>
        <BusinessNameLine1Txt>ROBERTS BOEHLER &amp; FISHER PC</BusinessNameLine1Txt>
      </PreparerFirmName>
      <PreparerUSAddress>
        <AddressLine1Txt>3110 FASHION SQUARE BLVD</AddressLine1Txt>
        <CityNm>SAGINAW</CityNm>
        <StateAbbreviationCd>MI</StateAbbreviationCd>
        <ZIPCd>48603</ZIPCd>
      </PreparerUSAddress>
    </PreparerFirmGrp>
    <ReturnTypeCd>990PF</ReturnTypeCd>
    <TaxPeriodBeginDt>2025-01-01</TaxPeriodBeginDt>
    <Filer>
      <EIN>262534235</EIN>
      <BusinessName>
        <BusinessNameLine1Txt>TERRENCE S KAISER AND</BusinessNameLine1Txt>
        <BusinessNameLine2Txt>BARBARA A KAISER FOUNDATION</BusinessNameLine2Txt>
      </BusinessName>
      <BusinessNameControlTxt>TERR</BusinessNameControlTxt>
      <PhoneNum>9899210010</PhoneNum>
      <USAddress>
        <AddressLine1Txt>4922 BARNES RD</AddressLine1Txt>
        <CityNm>MILLINGTON</CityNm>
        <StateAbbreviationCd>MI</StateAbbreviationCd>
        <ZIPCd>48746</ZIPCd>
      </USAddress>
    </Filer>
    <BusinessOfficerGrp>
      <PersonNm>TERRENCE S KAISER</PersonNm>
      <PersonTitleTxt>PRESIDENT, TREASURER</PersonTitleTxt>
      <PhoneNum>9899210010</PhoneNum>
      <SignatureDt>2026-05-20</SignatureDt>
    </BusinessOfficerGrp>
    <PreparerPersonGrp>
      <PreparerPersonNm>JAMES R ROBERTS</PreparerPersonNm>
      <PTIN>P00004505</PTIN>
      <PhoneNum>9897903080</PhoneNum>
      <PreparationDt>2026-05-26</PreparationDt>
    </PreparerPersonGrp>
    <TaxYr>2025</TaxYr>
    <BuildTS>2025-03-06 01:10:19Z</BuildTS>
  </ReturnHeader>
  <ReturnData documentCnt="6">
    <IRS990PF documentId="RetDoc7">
      <Organization501c3ExemptPFInd>X</Organization501c3ExemptPFInd>
      <FMVAssetsEOYAmt>1423889</FMVAssetsEOYAmt>
      <MethodOfAccountingCashInd>X</MethodOfAccountingCashInd>
      <AnalysisOfRevenueAndExpenses>
        <ScheduleBNotRequiredInd>X</ScheduleBNotRequiredInd>
        <DividendsRevAndExpnssAmt>35540</DividendsRevAndExpnssAmt>
        <DividendsNetInvstIncmAmt>35540</DividendsNetInvstIncmAmt>
        <NetGainSaleAstRevAndExpnssAmt>68344</NetGainSaleAstRevAndExpnssAmt>
        <GrossSalesPriceAmt>399410</GrossSalesPriceAmt>
        <CapGainNetIncmNetInvstIncmAmt>68344</CapGainNetIncmNetInvstIncmAmt>
        <TotalRevAndExpnssAmt>103884</TotalRevAndExpnssAmt>
        <TotalNetInvstIncmAmt>103884</TotalNetInvstIncmAmt>
        <AccountingFeesRevAndExpnssAmt referenceDocumentId="RetDoc2">750</AccountingFeesRevAndExpnssAmt>
        <AccountingFeesNetInvstIncmAmt>750</AccountingFeesNetInvstIncmAmt>
        <OtherProfFeesRevAndExpnssAmt referenceDocumentId="RetDoc5">7048</OtherProfFeesRevAndExpnssAmt>
        <OtherProfFeesNetInvstIncmAmt>7048</OtherProfFeesNetInvstIncmAmt>
        <TaxesRevAndExpnssAmt referenceDocumentId="RetDoc6">4131</TaxesRevAndExpnssAmt>
        <OtherExpensesRevAndExpnssAmt referenceDocumentId="RetDoc4">133</OtherExpensesRevAndExpnssAmt>
        <TotOprExpensesRevAndExpnssAmt>12062</TotOprExpensesRevAndExpnssAmt>
        <TotOprExpensesNetInvstIncmAmt>7798</TotOprExpensesNetInvstIncmAmt>
        <TotOprExpensesDsbrsChrtblAmt>0</TotOprExpensesDsbrsChrtblAmt>
        <ContriPaidRevAndExpnssAmt>68250</ContriPaidRevAndExpnssAmt>
        <ContriPaidDsbrsChrtblAmt>68250</ContriPaidDsbrsChrtblAmt>
        <TotalExpensesRevAndExpnssAmt>80312</TotalExpensesRevAndExpnssAmt>
        <TotalExpensesNetInvstIncmAmt>7798</TotalExpensesNetInvstIncmAmt>
        <TotalExpensesDsbrsChrtblAmt>68250</TotalExpensesDsbrsChrtblAmt>
        <ExcessRevenueOverExpensesAmt>23572</ExcessRevenueOverExpensesAmt>
        <NetInvestmentIncomeAmt>96086</NetInvestmentIncomeAmt>
      </AnalysisOfRevenueAndExpenses>
      <Form990PFBalanceSheetsGrp>
        <SavAndTempCashInvstBOYAmt>49645</SavAndTempCashInvstBOYAmt>
        <SavAndTempCashInvstEOYAmt>31844</SavAndTempCashInvstEOYAmt>
        <SavAndTempCashInvstEOYFMVAmt>31844</SavAndTempCashInvstEOYFMVAmt>
        <OtherInvestmentsBOYAmt>1035539</OtherInvestmentsBOYAmt>
        <OtherInvestmentsEOYAmt referenceDocumentId="RetDoc3">1076912</OtherInvestmentsEOYAmt>
        <OtherInvestmentsEOYFMVAmt>1392045</OtherInvestmentsEOYFMVAmt>
        <TotalAssetsBOYAmt>1085184</TotalAssetsBOYAmt>
        <TotalAssetsEOYAmt>1108756</TotalAssetsEOYAmt>
        <TotalAssetsEOYFMVAmt>1423889</TotalAssetsEOYFMVAmt>
        <TotalLiabilitiesEOYAmt>0</TotalLiabilitiesEOYAmt>
        <OrgDoesNotFollowFASB117Ind>X</OrgDoesNotFollowFASB117Ind>
        <RetainedEarningBOYAmt>1085184</RetainedEarningBOYAmt>
        <RetainedEarningEOYAmt>1108756</RetainedEarningEOYAmt>
        <TotNetAstOrFundBalancesBOYAmt>1085184</TotNetAstOrFundBalancesBOYAmt>
        <TotNetAstOrFundBalancesEOYAmt>1108756</TotNetAstOrFundBalancesEOYAmt>
        <TotalLiabilitiesNetAstBOYAmt>1085184</TotalLiabilitiesNetAstBOYAmt>
        <TotalLiabilitiesNetAstEOYAmt>1108756</TotalLiabilitiesNetAstEOYAmt>
      </Form990PFBalanceSheetsGrp>
      <ChgInNetAssetsFundBalancesGrp>
        <TotNetAstOrFundBalancesBOYAmt>1085184</TotNetAstOrFundBalancesBOYAmt>
        <ExcessRevenueOverExpensesAmt>23572</ExcessRevenueOverExpensesAmt>
        <SubtotalAmt>1108756</SubtotalAmt>
        <TotNetAstOrFundBalancesEOYAmt>1108756</TotNetAstOrFundBalancesEOYAmt>
      </ChgInNetAssetsFundBalancesGrp>
      <CapGainsLossTxInvstIncmDetail>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHURCHILL PARTNERSHIP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>44412</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>47727</CostOrOtherBasisAmt>
          <GainOrLossAmt>-3315</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>-3315</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapGainsLossTxInvstIncmGrp>
          <PropertyDesc>CHURCHILL PARTNERSHIP</PropertyDesc>
          <HowAcquiredCd>P</HowAcquiredCd>
          <GrossSalesPriceAmt>347707</GrossSalesPriceAmt>
          <CostOrOtherBasisAmt>283339</CostOrOtherBasisAmt>
          <GainOrLossAmt>64368</GainOrLossAmt>
          <GainsMinusExcessOrLossesAmt>64368</GainsMinusExcessOrLossesAmt>
        </CapGainsLossTxInvstIncmGrp>
        <CapitalGainNetIncomeAmt>68344</CapitalGainNetIncomeAmt>
      </CapGainsLossTxInvstIncmDetail>
      <ExciseTaxBasedOnInvstIncmGrp>
        <InvestmentIncomeExciseTaxAmt>1336</InvestmentIncomeExciseTaxAmt>
        <SubtotalAmt>1336</SubtotalAmt>
        <TaxBasedOnInvestmentIncomeAmt>1336</TaxBasedOnInvestmentIncomeAmt>
        <EstimatedPlusOvpmtIncmTxAmt>2500</EstimatedPlusOvpmtIncmTxAmt>
        <TotalPaymentsAndCreditsAmt>2500</TotalPaymentsAndCreditsAmt>
        <Form2220AttachedInd referenceDocumentId="RetDoc1">X</Form2220AttachedInd>
        <EsPenaltyAmt>14</EsPenaltyAmt>
        <OverpaymentAmt>1150</OverpaymentAmt>
        <AppliedToESTaxAmt>1150</AppliedToESTaxAmt>
      </ExciseTaxBasedOnInvstIncmGrp>
      <StatementsRegardingActyGrp>
        <LegislativePoliticalActyInd>false</LegislativePoliticalActyInd>
        <MoreThan100SpentInd>false</MoreThan100SpentInd>
        <Form1120POLFiledInd>false</Form1120POLFiledInd>
        <ActivitiesNotPreviouslyRptInd>false</ActivitiesNotPreviouslyRptInd>
        <ChangesToArticlesOrBylawsInd>false</ChangesToArticlesOrBylawsInd>
        <UnrelatedBusIncmOverLimitInd>false</UnrelatedBusIncmOverLimitInd>
        <OrganizationDissolvedEtcInd>false</OrganizationDissolvedEtcInd>
        <Section508eRqrSatisfiedInd>true</Section508eRqrSatisfiedInd>
        <AtLeast5000InAssetsInd>true</AtLeast5000InAssetsInd>
        <Form990PFFiledWithAttyGenInd>true</Form990PFFiledWithAttyGenInd>
        <PrivateOperatingFoundationInd>false</PrivateOperatingFoundationInd>
        <NewSubstantialContributorsInd>false</NewSubstantialContributorsInd>
        <OwnControlledEntityInd>false</OwnControlledEntityInd>
        <DonorAdvisedFundInd>false</DonorAdvisedFundInd>
        <ComplyWithPublicInspRqrInd>true</ComplyWithPublicInspRqrInd>
        <WebsiteAddressTxt>N/A</WebsiteAddressTxt>
        <PersonsWithBooksName>
          <BusinessNameLine1Txt>JACK KIDWELL</BusinessNameLine1Txt>
        </PersonsWithBooksName>
        <PhoneNum>9899210010</PhoneNum>
        <LocationOfBooksUSAddress>
          <AddressLine1Txt>1004 N MICHIGAN AVE</AddressLine1Txt>
          <CityNm>SAGINAW</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48602</ZIPCd>
        </LocationOfBooksUSAddress>
        <ForeignAccountsQuestionInd>false</ForeignAccountsQuestionInd>
      </StatementsRegardingActyGrp>
      <StatementsRegardingActy4720Grp>
        <SaleOrExchDisqualifiedPrsnInd>false</SaleOrExchDisqualifiedPrsnInd>
        <BrrwOrLendDisqualifiedPrsnInd>false</BrrwOrLendDisqualifiedPrsnInd>
        <FurnGoodsDisqualifiedPrsnInd>false</FurnGoodsDisqualifiedPrsnInd>
        <PayCompDisqualifiedPrsnInd>false</PayCompDisqualifiedPrsnInd>
        <TransferAstDisqualifiedPrsnInd>false</TransferAstDisqualifiedPrsnInd>
        <PaymentToGovernmentOfficialInd>false</PaymentToGovernmentOfficialInd>
        <UndistributedIncomePYInd>true</UndistributedIncomePYInd>
        <UndistributedIncomePY1Yr>2023</UndistributedIncomePY1Yr>
        <UndistributedIncomePY2Yr>2022</UndistributedIncomePY2Yr>
        <UndistributedIncomePY3Yr>2021</UndistributedIncomePY3Yr>
        <UndistrIncmSect4942a2NotAppInd>true</UndistrIncmSect4942a2NotAppInd>
        <BusinessHoldingsInd>false</BusinessHoldingsInd>
        <JeopardyInvestmentsInd>false</JeopardyInvestmentsInd>
        <UncorrectedPYJeopardyInvstInd>false</UncorrectedPYJeopardyInvstInd>
        <InfluenceLegislationInd>false</InfluenceLegislationInd>
        <InfluenceElectionInd>false</InfluenceElectionInd>
        <GrantsToIndividualsInd>false</GrantsToIndividualsInd>
        <GrantsToOrganizationsInd>false</GrantsToOrganizationsInd>
        <NoncharitablePurposeInd>false</NoncharitablePurposeInd>
        <RcvFndsToPayPrsnlBnftCntrctInd>false</RcvFndsToPayPrsnlBnftCntrctInd>
        <PayPremiumsPrsnlBnftCntrctInd>false</PayPremiumsPrsnlBnftCntrctInd>
        <ProhibitedTaxShelterTransInd>false</ProhibitedTaxShelterTransInd>
        <SubjToTaxRmnrtnExPrchtPymtInd>false</SubjToTaxRmnrtnExPrchtPymtInd>
      </StatementsRegardingActy4720Grp>
      <OfficerDirTrstKeyEmplInfoGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>TERRENCE S KAISER</PersonNm>
          <USAddress>
            <AddressLine1Txt>4922 BARNES RD</AddressLine1Txt>
            <CityNm>MILLINGTON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48746</ZIPCd>
          </USAddress>
          <TitleTxt>PRESIDENT, T</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <OfficerDirTrstKeyEmplGrp>
          <PersonNm>BARBARA A KAISER</PersonNm>
          <USAddress>
            <AddressLine1Txt>4922 BARNES RD</AddressLine1Txt>
            <CityNm>MILLINGTON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48746</ZIPCd>
          </USAddress>
          <TitleTxt>TRUSTEE</TitleTxt>
          <AverageHrsPerWkDevotedToPosRt>000.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
          <EmployeeBenefitProgramAmt>0</EmployeeBenefitProgramAmt>
          <ExpenseAccountOtherAllwncAmt>0</ExpenseAccountOtherAllwncAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SumOfProgramRelatedInvstGrp>
        <Description1Txt>N/A</Description1Txt>
      </SumOfProgramRelatedInvstGrp>
      <MinimumInvestmentReturnGrp>
        <AverageMonthlyFMVOfSecAmt>1329514</AverageMonthlyFMVOfSecAmt>
        <AverageMonthlyCashBalancesAmt>40745</AverageMonthlyCashBalancesAmt>
        <FMVAllOtherNoncharitableAstAmt>0</FMVAllOtherNoncharitableAstAmt>
        <TotalFMVOfUnusedAssetsAmt>1370259</TotalFMVOfUnusedAssetsAmt>
        <AdjustedTotalFMVOfUnusedAstAmt>1370259</AdjustedTotalFMVOfUnusedAstAmt>
        <CashDeemedCharitableAmt>20554</CashDeemedCharitableAmt>
        <NetVlNoncharitableAssetsAmt>1349705</NetVlNoncharitableAssetsAmt>
        <MinimumInvestmentReturnAmt>67485</MinimumInvestmentReturnAmt>
      </MinimumInvestmentReturnGrp>
      <DistributableAmountGrp>
        <MinimumInvestmentReturnAmt>67485</MinimumInvestmentReturnAmt>
        <TaxBasedOnInvestmentIncomeAmt>1336</TaxBasedOnInvestmentIncomeAmt>
        <TotalTaxAmt>1336</TotalTaxAmt>
        <DistributableBeforeAdjAmt>66149</DistributableBeforeAdjAmt>
        <DistributableBeforeDedAmt>66149</DistributableBeforeDedAmt>
        <DistributableAsAdjustedAmt>66149</DistributableAsAdjustedAmt>
      </DistributableAmountGrp>
      <PFQualifyingDistributionsGrp>
        <ExpensesAndContributionsAmt>68250</ExpensesAndContributionsAmt>
        <QualifyingDistributionsAmt>68250</QualifyingDistributionsAmt>
      </PFQualifyingDistributionsGrp>
      <UndistributedIncomeGrp>
        <DistributableAsAdjustedAmt>66149</DistributableAsAdjustedAmt>
        <PriorYear1Yr>2021</PriorYear1Yr>
        <PriorYear2Yr>2020</PriorYear2Yr>
        <PriorYear3Yr>2019</PriorYear3Yr>
        <TotalForPriorYearsAmt>144987</TotalForPriorYearsAmt>
        <ExcessDistributionCyovYr5Amt>69622</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>8953</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>3000</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>24902</ExcessDistributionCyovYr2Amt>
        <TotalExcessDistributionCyovAmt>106477</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>68250</QualifyingDistributionsAmt>
        <AppliedToCurrentYearAmt>66149</AppliedToCurrentYearAmt>
        <RemainingDistriFromCorpusAmt>2101</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>108578</TotalCorpusAmt>
        <PriorYearUndistributedIncmAmt>144987</PriorYearUndistributedIncmAmt>
        <PriorYearDeficiencyOrTaxAmt>144987</PriorYearDeficiencyOrTaxAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>69622</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>38956</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>8953</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>3000</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>24902</ExcessFromYear2Amt>
        <ExcessFromCurrentYearAmt>2101</ExcessFromCurrentYearAmt>
      </UndistributedIncomeGrp>
      <SupplementaryInformationGrp>
        <ContributingManagerNm>TERRENCE S KAISER</ContributingManagerNm>
        <ContributingManagerNm>BARBARA A KAISER</ContributingManagerNm>
        <ShareholderManagerNm>NONE</ShareholderManagerNm>
        <ApplicationSubmissionInfoGrp>
          <RecipientPersonNm>JACK KIDWELL CO TERRENCE KAISER</RecipientPersonNm>
          <RecipientUSAddress>
            <AddressLine1Txt>1004 N MICHIGAN AVE</AddressLine1Txt>
            <CityNm>SAGINAW</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48602</ZIPCd>
          </RecipientUSAddress>
          <RecipientPhoneNum>9899210010</RecipientPhoneNum>
          <FormAndInfoAndMaterialsTxt>REQUESTS FOR A GRANT APPLICATION MUST BE MADE VIA THE FOUNDATION'S E-MAILL ADDRESS. THE E-MAIL ADDRESS IS TBKAISERFOUNDATION@GMAIL.COM. AN OFFICIAL GRANT APPLICATION IS PROVIDED BASE ON THIS E-MAIL ACCOUNT. THE GRANT APPLICATION MUST BE FULLY COMPLETED AND CONTAIN THE NAME AND ADDRESS OF THE REQUESTING ORGANIZATION AS WELL AS A COMPLETE DESCRIPTION OF THE SPECIFIC PURPOSE FOR WHICH THE FUNDS ARE BEING REQUESTED.</FormAndInfoAndMaterialsTxt>
          <SubmissionDeadlinesTxt>TWO WEEKS BEFORE THE END OF THE CALANDAR QUARTER FOR CONSIDERATION AT NEXT QUARTERLY BOARD MEETING.</SubmissionDeadlinesTxt>
          <RestrictionsOnAwardsTxt>THE FOUNDATION FIRST CONSIDERS AWARDS IN THE GREATER MILLINGTON MICHIGAN AREA BUT MAY MAKE AWARDS IN ANY AREA AT THE SOLE DISCRETION OF THE FOUNDATION. AWARDS ARE MADE FOR SPECIAL PROJECTS ONLY AND ARE NOT MADE TO SUPPORT THE OPERATIONS OF AN ORGANIZATION. THERE ARE NO DOLLAR LIMITATIONS ON AWARDS.</RestrictionsOnAwardsTxt>
        </ApplicationSubmissionInfoGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>NEW LIGHT CHILD AND FAMILY INSTITUT</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 359</AddressLine1Txt>
            <CityNm>MILLINGTON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48746</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>GRANTS FOR CHRISTMAS FOR KIDS</GrantOrContributionPurposeTxt>
          <Amt>4000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>ONE LIFE FOR LIFE CHURCH</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2353 E GRAND BLANC RD</AddressLine1Txt>
            <CityNm>GRAND BLANC</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48439</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>600</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MILLINGTON COMMUNITY SCHOOLS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>8537 GLEASON ST</AddressLine1Txt>
            <CityNm>MILLINGTON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48746</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>POF</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>15000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE FOR WARRIORS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 415000</AddressLine1Txt>
            <CityNm>NASHVILLE</CityNm>
            <StateAbbreviationCd>TN</StateAbbreviationCd>
            <ZIPCd>37241</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>5000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>FIRST PRESBYTERIAN CHURCH OF ALPENA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1600 W CHISHOLM ST</AddressLine1Txt>
            <CityNm>ALPENA</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>49707</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>FELLOWSHIP</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>CENTRAL MICHIGAN UNIVERSITY</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1200 S FRANKLIN</AddressLine1Txt>
            <CityNm>MT PLEASANT</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48859</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>POF</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SCHOLARSHIP GRANT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MILLINGTON CHAMBER OF COMMERCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>PO BOX 403 MILLINGTON RD</AddressLine1Txt>
            <CityNm>MILLINGTON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48746</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>POF</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>COSTS FOR CONCERT</GrantOrContributionPurposeTxt>
          <Amt>17750</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GLOBAL CULTURAL COMMONS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>2567 HARRIS ST</AddressLine1Txt>
            <CityNm>EUGENE</CityNm>
            <StateAbbreviationCd>OR</StateAbbreviationCd>
            <ZIPCd>97405</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT SUMMER CAMPS FOR CHILDREN</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HOPE SHORES ALLIANCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>3022 US-23 N</AddressLine1Txt>
            <CityNm>ALPENA</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>49707</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>6900</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>GREAT START TUSCOLA</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>543 COLUMBIA ST</AddressLine1Txt>
            <CityNm>CARO</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48723</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>POF</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>HUBBARD LAKE COMMUNITY CENTER</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1561 HUBERT RD</AddressLine1Txt>
            <CityNm>HUBBARD LAKE</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>49747</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>POF</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>2000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>MILLINGTON MINISTERIAL ALLIANCE</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>4855 BARNES RD</AddressLine1Txt>
            <CityNm>MILLINGTON</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48746</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>PC</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <GrantOrContributionPdDurYrGrp>
          <RecipientBusinessName>
            <BusinessNameLine1Txt>IMAGINATION LIBRARY GREAT START TUS</BusinessNameLine1Txt>
          </RecipientBusinessName>
          <RecipientUSAddress>
            <AddressLine1Txt>1401 CLEAVER RD</AddressLine1Txt>
            <CityNm>CARO</CityNm>
            <StateAbbreviationCd>MI</StateAbbreviationCd>
            <ZIPCd>48723</ZIPCd>
          </RecipientUSAddress>
          <RecipientFoundationStatusCd>POF</RecipientFoundationStatusCd>
          <GrantOrContributionPurposeTxt>SUPPORT</GrantOrContributionPurposeTxt>
          <Amt>3000</Amt>
        </GrantOrContributionPdDurYrGrp>
        <TotalGrantOrContriPdDurYrAmt>68250</TotalGrantOrContriPdDurYrAmt>
      </SupplementaryInformationGrp>
      <AnalysisIncomeProducingActyGrp>
        <DividendsAndInterestFromSecDtl>
          <RelatedOrExemptFunctionIncmAmt>35540</RelatedOrExemptFunctionIncmAmt>
        </DividendsAndInterestFromSecDtl>
        <GainSalesAstOthThanInvntryGrp>
          <RelatedOrExemptFunctionIncmAmt>68344</RelatedOrExemptFunctionIncmAmt>
        </GainSalesAstOthThanInvntryGrp>
        <OtherRevenueDescribedGrp>
          <Desc>TAX REFUNDS</Desc>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
          <RelatedOrExemptFunctionIncmAmt>103884</RelatedOrExemptFunctionIncmAmt>
        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>103884</TotalIncomeProducingActyAmt>
      </AnalysisIncomeProducingActyGrp>
      <TrnsfrTransRlnNonchrtblEOGrp>
        <TrnsfrOfCashToNonchrtblEOInd>false</TrnsfrOfCashToNonchrtblEOInd>
        <TrnsfrOtherAssetNonchrtblEOInd>false</TrnsfrOtherAssetNonchrtblEOInd>
        <SalesOrExchangesOfAssetsInd>false</SalesOrExchangesOfAssetsInd>
        <PurchaseOfAssetsNonchrtblEOInd>false</PurchaseOfAssetsNonchrtblEOInd>
        <RentalOfFacilitiesOthAssetsInd>false</RentalOfFacilitiesOthAssetsInd>
        <ReimbursementArrangementsInd>false</ReimbursementArrangementsInd>
        <LoansOrLoanGuaranteesInd>false</LoansOrLoanGuaranteesInd>
        <PerformanceOfServicesEtcInd>false</PerformanceOfServicesEtcInd>
        <SharingOfFacilitiesEtcInd>false</SharingOfFacilitiesEtcInd>
        <RelationshipsNonchrtblEOInd>false</RelationshipsNonchrtblEOInd>
      </TrnsfrTransRlnNonchrtblEOGrp>
    </IRS990PF>
    <AccountingFeesSchedule documentId="RetDoc2">
      <AccountingFeesDetail>
        <CategoryTxt>ACCOUNTING</CategoryTxt>
        <Amt>750</Amt>
        <NetInvestmentIncomeAmt>750</NetInvestmentIncomeAmt>
      </AccountingFeesDetail>
    </AccountingFeesSchedule>
    <InvestmentsOtherSchedule2 documentId="RetDoc3">
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BAIRD ULTRA SHORT BOND INSTITUTIONAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BAIRD AGGREGATE BOND INST</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>124935</BookValueAmt>
        <EOYFMVAmt>133846</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>DODGE &amp; COX INCOME I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>401303</BookValueAmt>
        <EOYFMVAmt>407223</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD TOTAL BOND INDEX FD INSTL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ARISTOTLE SMALL CAP EQUITY I-2</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>BRANDES INSTL INTERNATIONAL EQUITY I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>53601</BookValueAmt>
        <EOYFMVAmt>120044</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>CONESTOGA SMID CAP INSTITUTIONAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>21807</BookValueAmt>
        <EOYFMVAmt>24534</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>POLEN GROWTH FUND INSTITUTIONAL CLAS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>WCM FOCUSED INTERNATIONAL GROWTH INS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>ARISTOTLE SMALL CAP EQUITY I</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>COHO RELATIVE VALUE EQUITY</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>T ROWE PRICE MID-CAP GROWTH</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>TRIBUTARY SMALL/MID CAP</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>26971</BookValueAmt>
        <EOYFMVAmt>25908</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD INTERNATIONAL GROWTH ADM</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>30947</BookValueAmt>
        <EOYFMVAmt>47986</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>VANGUARD 500 INDEX ADMIRAL</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>274492</BookValueAmt>
        <EOYFMVAmt>471736</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PRINCIPAL DIVERSIFIED REAL ASSET INS</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>PGIM JENNISON INTERNATIONAL OPPORTUN</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>38823</BookValueAmt>
        <EOYFMVAmt>48599</EOYFMVAmt>
      </InvestmentsOtherGrp>
      <InvestmentsOtherGrp>
        <CategoryOrItemTxt>AQR DIVERSIFYING STRATEGIES 1</CategoryOrItemTxt>
        <ListedAtCostOrFMVCd>AT COST</ListedAtCostOrFMVCd>
        <BookValueAmt>104033</BookValueAmt>
        <EOYFMVAmt>112169</EOYFMVAmt>
      </InvestmentsOtherGrp>
    </InvestmentsOtherSchedule2>
    <OtherExpensesSchedule documentId="RetDoc4">
      <OtherExpensesScheduleGrp>
        <Desc>EXPENSES</Desc>
      </OtherExpensesScheduleGrp>
      <OtherExpensesScheduleGrp>
        <Desc>OTHER</Desc>
        <RevenueAndExpensesPerBooksAmt>133</RevenueAndExpensesPerBooksAmt>
      </OtherExpensesScheduleGrp>
    </OtherExpensesSchedule>
    <OtherProfessionalFeesSchedule documentId="RetDoc5">
      <OtherProfessionalFeesDetail>
        <CategoryTxt>FIDUCIARY ADVISORY FEES</CategoryTxt>
        <Amt>7048</Amt>
        <NetInvestmentIncomeAmt>7048</NetInvestmentIncomeAmt>
      </OtherProfessionalFeesDetail>
      <OtherProfessionalFeesDetail>
        <CategoryTxt>MANAGEMENT FEE</CategoryTxt>
      </OtherProfessionalFeesDetail>
    </OtherProfessionalFeesSchedule>
    <TaxesSchedule documentId="RetDoc6">
      <TaxesDetail>
        <CategoryTxt>FEDERAL ESTIMATED TAX</CategoryTxt>
        <Amt>2500</Amt>
      </TaxesDetail>
      <TaxesDetail>
        <CategoryTxt>FEDERAL TAX - PRIOR YEAR</CategoryTxt>
        <Amt>1631</Amt>
      </TaxesDetail>
    </TaxesSchedule>
  </ReturnData>
</Return>