Form 99d-PF Department of the Tr-sury Internal Revenue Service r- For calendar year 200 . Return of Private Foundation or Section 4947{a)(1) Nonexempt Charitable Trust Treated as a Private Foundation Note : The organi zation may be able to use a copy of this return to satisfy state reporti OMB No . 1545-0052 2003 tax year beginning JUL 1, 2003 , and endinn JUN Employer identification number 38-2843599 Use the IRS Nasr*vf-organization label . Otherwise, VICTOR FOUNDATION print Number and street (or P O box number if mail is not delivered to sleet address) Room/suite ortype . 601 CAMBRIDGE CT, STE 310 See Specific City or town, state, and ZIP code Instructions . U URN HILLS MI 48326-2575 H Check type of organization : MX Section 501(c)(3) exempt private foundation 0 Section 4947(a)(1) nonexempt charitable trust EDOthertaxable private foundation I Fair market value of all assets at end of year J Accounting method : M Cash ~ Accrual (from Part ll, Col . (c), line 16) D Other (specify) 1110- $ 29 , 870 . (Part l, column (d) must be on cash basis.) Analysis of Revenue and Expenses a Revenue and (b) Net investment () (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts In column (a)) expenses per books income 1 Contributions, gifts, grants, etc , received Check o- EX-0 If the t0unda0on Is not required b atbdi SCh B ' 2 Distributions from split-interest trusts __ . ..... temporary I 3 I~~v of ~ ~,a temporary ~ 574 . 574 . 4 Dividends and interest from secunUes . . .... . 5a Gross rents . . . . . .... . . . . . . b (Net rental Income or pons) ) 7 68 Not ~aln or (loss) from sale of assets not on i0 . . .... . . .. .. . . C b Gross sales price for dl assets online 6a . d Q 7 Capital gain net income (from Part N, line 2) 0 . 8 Net short-term capital gain . . .. .. _ . .. . 9 Income modifications . . .. C0 . . . . ` . ~ ~~ loa Gross sales less returns and allowances b less cost of goods soda , . . ' . . " . . Z c Gross profit or (loss) . . .. .. Z 11 Other income / X 12 Total . Add lines 1 through 11 .. 57 4 . 574 . 13 Compensation of officers, directors, trustees, stc 0 . 0 . 14 Other employee salaries and wages 15 Pension plans, employee benefits . .. . ... . .. . _ . N II' 16a Legal fees . . b Accounting fees . . . . . . c Other professional fees _ .. . ... . .. . 17 Interest _ .. ._ _ ~ 18 Taxes . . . .. . . ,. . . STMT 2 42 . 0 . 19 Depreciation and depletion ... . .... . ... . .. . .... . 20 Occupancy .. .. .. . . . . .. . . . . . 21 Travel, conferences, and meetings .. . . . , S22 Pnntin an publ ications __ _, . . . ... . .. . - . ., .STMT .3 475 . 0 . Telephone number 248-364-2400 0 . 0 . 475 . 475 . 60 , 975 . 61 4 450 . Form 990-PF (2003) 18982 1 r 8 Excess of revenue over expenses and disbursements - 60 , 918 . ' b Net investment income (it negative, enter -0-) . .... . _ 574 . . c Adjusted net Income Urnegativa, enter -0-) .. . .. N/A M LHA For Paperwork Reduction Act Notice, seethe instruction: . iz ~-1 14080428 099782 18982 2003 .09000 VICTOR FOUNDATION r C If exemption application is pending, check hers , " U D 1 . Foreign organisations, check here III,. F-1 2 . Foroian organtzaUons meeting the 85% test, , checfc hen and attach computation .. . .. . .. E If private foundation status was terminated under section 507(b)(1xA), check here F If the foundation is in a 60-month termination under section 507 b 1 8 check here . . (c) Adjusted net (d) Disbu rseme nts income ro"''° purp°sss (cash basis only) W.....,~.~~`-.~ .. ~ ..r .~-. .W .., istrative expenses . Add lines ugh 23 . . . . ._ . 517 . 0 . ontcutfin~,4~t~, g aid . . .. .. _ . . 6 0 9 7 5 . ' exnens ~ emeMc . 28 Tota l a d 7 . . .. . . .. . .. . 61 , 492 . 0 . u rac me from line 12
Transcript
Form 99d-PF Department of the Tr-sury Internal Revenue Service r-
For calendar year 200.
Return of Private Foundation or Section 4947{a)(1) Nonexempt Charitable Trust
Treated as a Private Foundation Note : The organization may be able to use a copy of this return to satisfy state reporti
OMB No . 1545-0052
2003 tax year beginning JUL 1, 2003 , and endinn JUN
Employer identification number
38-2843599
Use the IRS Nasr*vf-organization label .
Otherwise, VICTOR FOUNDATION print Number and street (or P O box number if mail is not delivered to sleet address) Room/suite
ortype . 601 CAMBRIDGE CT, STE 310 See Specific City or town, state, and ZIP code Instructions .
U URN HILLS MI 48326-2575 H Check type of organization : MX Section 501(c)(3) exempt private foundation 0 Section 4947(a)(1) nonexempt charitable trust EDOthertaxable private foundation
I Fair market value of all assets at end of year J Accounting method : M Cash ~ Accrual (from Part ll, Col. (c), line 16) D Other (specify) 1110- $ 29 , 870 . (Part l, column (d) must be on cash basis.)
Analysis of Revenue and Expenses a Revenue and (b) Net investment () (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts In column (a)) expenses per books income
1 Contributions, gifts, grants, etc , received Check o- EX-0 If the t0unda0on Is not required b atbdi SCh B '
2 Distributions from split-interest trusts __ . . . . . . temporary I 3 I~~v of
~ ~,a temporary ~ 574 . 574 . 4 Dividends and interest from secunUes . . . . . . . 5a Gross rents . . . . . . . . . . . . . . . b (Net rental Income or pons) )
7 68 Not ~aln or (loss) from sale of assets not on
i0 . . . . . . . . . . . . . . C b Gross sales price for dl
assets online 6a . d Q 7 Capital gain net income (from Part N, line 2) 0 .
8 Net short-term capital gain . . . . . . _ . . . . 9 Income modifications . . . .
C0 . . . . ` . ~ ~~
loa Gross sales less returns and allowances
b less cost of goods soda , . . ' . . " . .
Z c Gross profit or (loss) . . . . . . Z 11 Other income
Organizations that do not follow SFAS 117, check here and complete lines 27 through 81 .
27 Capital stock, trust principal, or current funds . . . . . . . . . . . . . . . . 0 . 0 . . I ,°~ 28 Paid-in or capital surplus, or land, bldg ., and equipment fund 0 . 0 .
29 Retained earnings, accumulated income, endowment, or other funds 90 t 788 . 29 , 870 . Z 30 Total net assets or fund balances . . . . . . . . . . . . . . . . . . . . . . . . ._ . . . . . 90,788 . 29 j 870 . . f
31 Total liabilities and net assets and balances . . 90 , 788 . 1 29 , 870 . 1
Analysis of Changes in Net Assets or Fund Balances
323511 12-0.5.03
2
14080428 099782 18982 2003 .09000 VICTOR FOUNDATION 18982 1
1 Total net assets or fund balances at beginning of year- Part II, column (a), brie 30 (must agree with end-of-year figure reported on prior years return) , ._ . . ._ __ . . . . . . . . . . . . , . . . . ., . . . . . . . . . . . . . . . ._ . . . . . . . . . . .
2 Enter amount from Part I, line 27a . . . . . . . . . __ . . . . . 3 Other increases not included in line 2 (itemize) 10, 4 Add lines 1, 2, and 3 . . . . . . . . . . . . . . . . 5 Decreases not included m line 2 (itemise) 8 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 . .
90,788 . -60,918 .
0 . 29,870 .
29,870 . Form 990-Pf (2003)
Form 990-PF(2003) VICTOR FOUNDATION 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 b rick warehouse ; or common stock, 200 shs . MLC Co .)
1a n NONE
the foundation on 12131169 (k) Excess of Col . (i) over Col . (j), if any
in column (h) and owned (j) Adjusted basis as of 12/31/69
(I) Gains (Col. (h) gam minus Col. (k), but not less than -0-) or
Losses (from Col . (h)) (I) F.M.V . as of 12/31/69
[ .V I Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income (For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income .)
If section 4940(d)(2) applies, leave this part blank .
Was the organization liable for the section 4942 tax on the distnbutable amount of any year in the base period? . . . . . ~ Yes . . . . . . . . . . . . . . . . D No If 'Yes ." the orpamzation does not Qualify under section 4940(e) . Do not complete this part 1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
Base period years (b) (~) Distribution ratio Calendar ear or tax ear beginnin g m Adjusted qualifying distributions Net value of noncharitable-use assets (Col . (b) divided by Col . (c))
3 14080428 099782 18982 2003 .09000 VICTOR FOUNDATION 18982 1
(e) Gross sales pace
for assets
(f) Depreciation allowed (or allowable)
(g) Cost or other basis plus expense of sale
38-2843599
(c Date acquired (d) Date sold ~mo., day, yr ) I (mo., day, yr .)
(h) Gain or (loss) (e) plus (f) minus (g)
2 Capital gain net income or (net capital loss) . t If gain, also enter in Past I, line 7 1 . . If (loss), enter -0- in Part I, line 7 1 . . . . .
8 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) . If (loss), enter-0- in Part I, line 8 ~ 9
2 Total of line 1, column (d) . . . . 8 Average distribution ratio for the 5-year base period - divide the total on line 2 by 5, or by the number of years
the foundation has been m existence if less than 5 years . . . . . . . . . . . . . . . . . . . . r3
4 Enter the net value of noncharftable-use assets for 2003 from Part X, line 5 . . . . . . . . . _ . . . . . _ . . . . . � ., . . . . . . . . . . .
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1 % tax rate . See the Part VI instructions .
azasz1nz-os-ai form 990-PF (2003)
Form 99o-PF (2003) VICTOR FOUNDATION 38-2843599 Page a E pqE Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948 - see instructions) 1a Exempt operaZmg foundations described in section 4940(d)(2), check here " LJ and enter 'WA' on line 1 .
Date of ruling letter : (attach copy of ruling letter if necessary-see instructions) ~ 7 b Domestic organizations that meet the section 4940(e) requirements m Part V, check here " M and enter 1 % 1 I 6 .
of Part I, line 27b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . c All other domestic organizations enter 2% of line 27b . Exempt foreign organizations enter 4% of Part 1, line 12, cot . (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 . . . . . . . . . . . S 6 . 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 6 .
7 Total credits and payments . Add lines 6a through 6d . . . . . . . . . . . . . . . . . . . , . . . . ._ . . . . . . . . . . . . . . . ., . . . . . 7 100 . 8 Enter any penalty for underpayment of estimated tax. Check here 0 if Form 2220 is attached . . . . . . . . . . . . . . . . . . 8 9 Tax due . If the total of lines 5 and 8 is more than line 7, enter amours owed ._ . . . . . . . . . . . . . . . . � . . . . " 9
10 Overpayment . If line 7 is more than the total of lines 5 and 8, enter the amount overpaid . . . . . . . . . . . . . . . 10 . " 10 94 . 11 Enter the amount of line 10 to be : Credited to 2004 estimated tax ~ 9 4 . Refunded " 11 0 .
E P`~r1`t Ytj- ~ Statements Regarding Activities
1 a Dung the tax year, did the organization attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? . . . . . . .
b Did d spend more than $100 during the year (either directly or indirectly) for political purposes (see instructions for definition)? If the answer is "Yes" to 18 or 1 b, attach a detailed description of the activities and copies of any materials published or distributed by the organization in connection with the activities.
s Did the organization file Form 1120-POL for this year? _ . . . . . . . . . . . . � . . . , . d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year.
(1) On the organization . " a 0 . (2) On organization managers . " $ 0 . e Enter the reimbursement (if any) paid by the organization during the year for political expenditure tax imposed on organization
managers . " $ D 2 Has the organization engaged m any activities that have not previously been reported to the IRS . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . .
If "Yes," attach a detailed description of the activities. S Has the organization 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 . . . ., . . . . . . . . . . . . _ , . . . . . . . . . . . . , . . . , . . 4a Did the organization have unrelated business gross income of $1,000 or more during the year? . . . . . . . ., . . . . . . . . . D If'Yes," has it filed a tax return on Form 990-T for this year? ., . . . , . . . . . . . . . . . . . . . . . , . . . . , _ . . . . . . . . . , N /A ,
5 Was there a liquidation, termination, dissolution, or substantial contraction during the year? . . , , , .� _, . . . . . . . . . . . . . . . . . . . . . . . . . � . . ., ., . . 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: " By language in the governing instrument or " By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law
remain m the governing instrument? . ._ . . ._ . 7 Did the organization have at least $5,000 in assets at any time during the yeah? . . . . . . . . . . . . . . . . . . . . . . ._ . . . . . . . . . . . . . .
If "Yes, " complete Part ll, coG (c), and Part XV. 8a Enter the states to which the foundation reports or with which it is registered (see instructions) 01 N/A
b If the answer is 'Yes'to line 7, has the organization famished a copy of Form 990-Pf to the Attorney General (or designate) of each state as required by General Instruction G? If "No," attach explanation . . . . . . . . . . . , . . . . . . . . . . . . . . . . . . . , . . . ., . ._ . . . . . . .
9 Is the organization claiming status as a private operating foundation within the meaning of section 4942(1)(3) or 4942(j)(5) for calendar year 2003 or the taxable year beginning in 2003 (see instructions for Part XIV)? If "Yes, " complete Part XIV . . . . . . . . . . _, . . . ., .
10 Did any persons become substantial contributors during the tax year? it "ves, " attach a schedule listing their names and addressee . . . . . . , . . ., , 11 Did the organization comply with the public inspection requirements for its annual returns and exemption application? _ . . . . . . . . . . ._ . . . .
Web site address lop- N/A X
4 14080428 099782 18982 2003 .09000 VICTOR FOUNDATION 18982 1
la X Ib X
Ic X
2 X
e X to X !b
e X~ 7 X
X
X X
12 The books are in care of " KELLY MI HAL IC Telephone no . " 2 4 8-3 6 4-2 4 0 0 Locatedat " 2601 CAMBRIDGE COURT, SUITE 310 AUBURN HILLS, MI ZIP+4 148326-2575
18 Section 4947(a)(i) nonexempt charitable trusts filing form 990-PF in lieu of Form 1041 -Check here . . . . . . . . . . . . . . . . ._ . ._ . . . . . . . . . . . . . . . . . . . . . 111o. El and enter the amount of tax-exempt interest received or accrued during the year 13 N/A
r2_3531 2-05-W Form 990-PF 2003
3$-2843599 Forth 990-Pf(2003) V I ION Page 5
as No 'VIl.U I Statements Regarding Activities for Which Form 4720 May 8e Required
File Form 4920 if any item is checked in the "Yes" column, unless an exception applies. 1 a Uurinq the year did the organization (either directly or indirectly) :
(1) Engage m the sale or exchange, or leasing of property with a disqualified person? . . . . . . . . . . . . . . ._ . . . . . . . . . . . ._ . ~ Yes ~ No (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . CJ Yes o No (3) Furnish goods, services, or facilities to (or accept them from) a disqualified persons . . . . . . .
. ~ Yes 0 No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? . . ., ,_ . . . . . . . . . _ . ._ . . ~ Yes ~X 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)? . . . . . . ._ . 0 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . Y8$ ~ No (6) Agree to pay money or property to a government official? (Exception . Check'No'
rf the organization agreed to make a grant to or to employ the official for a period attar termination of government service, if terminating within 90 days .) . . . . . . . . ., . . ., . =yes FX No
b If any answer is 'Yes' to 1a(1)-(6), did and of the acts fail to qualify under the exceptions described in Regulations . section 53 .4941(d)-3 or m a current notice regarding disaster assistance (seepage 19 of the instructions)? . . . . . . . . . . ., . . NBA. Organizations relying on a current notice regarding disaster assistance check here . . ., . ., . . . , . . , . . ., . . � ., .
. . c Did the organization 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 2003? . . . . .
2 Taxes on failure to distribute income (section 4942) (does not apply for years the organization was a private operating foundation defined m section 4942(j)(3) or 4942(j)(5)) .
a At the end of tax year 2003, did the organization have any undistributed income (lines 6d and 6e, Part Xtlf) for tax year(s) beginning before 2003? . ._ . . . . . . . . ~ Yes ~X No If 'Yes," list the years 101, 1
, b Are there any years listed in 2a for which the organization 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 'W and attach statement-see instructions .) . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . N/A
c if the provisions of section 4942(a)(2) are being applied to arty of the years listed in 2a, list the years here
3a Did the organization hold more than a 2% direct or indirect interest in any business enterprise at any time du ring the yeas? =Yes . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . C~ No
b If 'Yes; did it have excess business holdings in 2003 as a result of (1) any purchase by the organization 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 organization had excess business holdings in 2003) . . . . . . . . . . . . . . . . , . . . . _ VA .
4a Did the organization invest during the year any amount in a manner that would jeopardize its charitable purposes? . . . . . . . . . . . . . . , . . . b Did the organization make any investment m 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 2003? ._ . . . . . . . . . . . . . . . . . , . . , . ._ _ . . . . . . . .
5a During the year du! the organization pay or incur any amount to : (1) Carry on propaganda, or otherwise attempt to Influence legislation (section 4945(e))? . , . _ . . . . . . . . . . . . . . , . . . ED Yes EKI No (2) Influence the outcome of any specific public election (see section 4955) ; or to carry on, directly or indirectly,
any voter registration drive? . . . , . . . . . . . [] Yes M Na (3) Provide a grant to an individual for travel, study, or other similar purposes? _ . , . . . . . . . . . . . . . . . . . . ._ . . . . . . . ._ . . . . . . . ED Yes [M No (4) Provide a grant to an organization other than a charitable, etc ., organization described m section
509(a)(t), (2), or (3), or section 4940(d)(2)? . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . D Yes D Nn (5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for
the prevention of cruelty to children or animals? . . , . . . . . . . . . . . . . ~ Yes OX No b If any answer is 'Yes' to 5a(1)-(5), did arty of the transactions fail to qualdy, under the exceptions described in Regulations
section 53 .4945 or in a current notice regarding disaster assistance (see instructions)? . . . . . . . . . . , . . . . . . . . .,. . . .
c If the answer is 'Yes' to question 5a(4), does the organization claim exemption from the tax because it maintained expenditure responsibility forMegrant? . . . . . . . . . ., . . . ., . , . . . . . . . . , . . . . . . . . ._, . . . . . . . N. ._ . . [] Yes E-1 No If "Yes, " attach the statement required by Regulations section 53.4945-5(c).
6a Did the organization, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract? . . . . . . C] Yes M No
b Did the organization, during the gear, pay premiums, directly or indirectly, on a personal benefit contracts . . . . . . . . . . . . . . . . . . . . . . . . . . . If you answered "Yes" to 6b, also file Form 8870.
`j{7, " +i,
2b .
3b as X
4b + 7X
5b ~
fib X
5 2003 .09000 VICTOR FOUNDATION 14080428 099782 18982 18982 1
323541 12-05-03
Form 990-PF (2003)
VICTOR FOUNDATION 38-2843599 Information About Officers, Directors, Trustees, Foundation Managers, Highly Page e
0 Paid Employees, and Contractors 1 List all officers, directors, trustees, foundation managers and their compensation:
(a) Name and address (b) Title, and average (c) Compensation (d~caro~ousonsro (e) Expense
hours per week devoted (If not paid, `~ ~~'~ account, other to position enter -0- canpaisanon allowances
SEE ATTACHED (SCHEDULE A)
ed on line 1) . If none, enter "NONE." (b) Tale and average
hours per week (c) Compensation
pensation of fare highest-paid employees (other than those
(a) Name and address of each employee paid more than $50,000
NONE
1110. Total number of other employees paid over $50,000 3 Five highest-paid independent contractors for professional services. If none, enter "NONE."
(a) Name and address of each person paid more than $50,000
NONE of service
Expenses
4
Form 990-PF (2003)
18982 1 6
14080428 099782 18962 2003 .09000 VICTOR FOUNDATION
0 . 0 .
Total number of others receiving over $50,000 for rofessional services . . . . . . . . . . . . . . . . . pWt 1)(7A 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
N/A
2
3
0 .
Compensation
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 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 1 a
b Average of monthly cash balances . . . . . . . . 1 b 52 , 902 .
3 Subtract line 2from line 1d . . . . . . . . . . . . . . . . . . . . . . 8 52 902 . . 4 Cash deemed held for charitable activities . Enter 11/2% of line 3 (for greater amount, see instructions) . . . . . . . . 4 794 . 5 Net value of noncharitable-use assets . Subtract line 4 from line 3 . Enter here and on Part V, line 4 . . . . . . . . . . . . ., ., ., 5 52 , 108
6 Minimum Investment return . Enter 5% of line 5 . . . . . . . B 2 , 60 5 . Dlstrlbutable Amount (see instructions) (Section 4942(j)(3) and (1)(5) private operating foundations and certain foreign organizations check here " 0 and do not complete this part.)
1 Minimum investment return from Part X line 6 t 2,605 .
c Add lines 4a and 4b . . . . . . . . . . . . . . . . . . . . 5 Add lines 3 and 4c g Deduction from distributable amount (see instructions) 7 Distributable amount as adjusted . Subtract line 6 from line 5 . Enter here and on Part XIII, line 1
[~,~t )W Distributions (see instructions)
323561 72-OS-fl3
7
14080428 099782 18982 2003 .09000 VICTOR FOUNDATION 18982 1
Form 990-PF (2003) VICTOR FOUNDATION 38-2843599 Page ?
Summary of Program-Related Investments
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 N/A
Total. Add lines 1 through 3
Minimum Investment Return (All domestic foundations must complete this part . Foreign foundations, see instructions.)
2a tax on investment income for 2003 from Part VI, line 5 . . . . . . . . . . . . . . . . . . . . 2a 6 .
b Income tax for 2003 (This does not include the tax from Part VI .) _ _ _ ._ . . 2b
c Add lines 2a and 2b . . . . . . . . . . . . . . . . . . . 3 Distributable amount before adjustments . Subtract line 2c from line 1 , _ . . . . . . . . . 4 Re ries of amounts treated as qualifying distributions 4a 0 va
a Expenses, contributions, gills, etc . -total from Part I, column (d), line 26 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . , . . . . . . . . . . . 1 a 61 r 450 .
b Program-related investments-Total from Part IX-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 V, line 8, and Part XIII, line 4 . . . . . __ _ . . . . . . 4 61 , 450 .
5 Organizations that quality under section 4940(e) for the reduced rate of tax on net investment income . Enter 1% of Part I, line 27b . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 5 6 .
6 Adjusted qualifying distributions . Subtract line 5 from line 4 . . . . _ ._ . . . . . . . . . . . . . . . . . 6 61,444 .
Note : The amount on line 6 will be used m Part V, column (b), in subsequent years when calculating whether the foundation qualifies for the section 4940(e) reduction of tax in those years.
Form X90-PF (2003)
Form 990-PF (2003) VICTOR FOUNDATION 38-2843599 Page 8
Undistributed Income (see instructions)
(a) (b) (cy (d) Corpus Years prior to 2002 2002 2003
1 Distributable amount for 2003 from Part XI, line 7 2 , 599 .
2 Undistributed income, if any, as of the end of 2002 a Enter amount for 2002 only . . . . 0 b Total for prior years
0 . 3 Excess distributions carryover, if any, to 2003 :
a From 1998 . . . . 144,075 .
b From 1999 . . . . . 53,177 .
c From 2000 . . , . . . 18 , 624 . d From 200 . . 121 , 386 .
~ ` e From 2002 . . . . 388 , 991 . f Total of lines 3a through e . . . . . . . . . . . . 7 2 6 , 253 .
4 Qualifying distributions for 2003 from Part x11, line 4~ " $ 61 , 450 .
a Applied to 2002, but not more than line 2a . 0 " ` b Applied to undistributed income of poor years (Election required -see instructions) _ .
0c Treated as distributions out of corpus (Election required - see instructions) 0
d Applied to 2003 distributable amount . . - " 24599 .
e Remaining amount distributed out of corpus 58 , 851 . 5 Excess distributions cartywer applied to 2003 0 . 0
(If an amount appears In column (d), the same amount must be shown in column (a) )
6 Enter the net total of each column as indicated below :
8 Corpus Add lines 3f, 4c, and 4e Subtract line 5 785 , 104 .
b Prior years' undistributed income Subtract line 4b from line 2b _ . . . . . . . . . . . 0
c Enter the amount of poor 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 2002 Subtract line 4a from line 2a . Taxable amount - see instr. ._ . 0 .
f Undistributed income for 2003 Subtract lines 4d and 5 from line 1 . This amount must be distributed in 2004 0
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by r section 170(b)(1)(E) or 4942(g)(3) . . . 0
8 Excess distributions carryover from 1998 . not applied on line 5 or line 7 . . . . . . . 144,075
9 Excess distributions carryover 10 2004 . . Subtract lines 7 and 8 from line 6a . . . . . . 641, 0 2 9
10 Analysis of line 9 . . ' a Excess from 1999 . . 53,177
b Excess from 2000 . . . 18 6 2 4 . `
c Excess from 2001 _ _ 121, 3 8 6 .
d Excess from 2002 . . 3 8 8 , 9 91 .
e Excess from 2003 5 8 8 51 . r
323571 Form 990-PF 12003)
,2-os-M
1408028 099782 18982 2003 .09000 VICTOR FOUNDATION 18982 1
Form 990-PF 2003 VICTOR FOUNDATION P~'E XJV Private Operating Foundations (see instructions and Part VII-A, question s)
1 a If the foundation has received a ruling or determination letter that it is a private operating foundation, and the ruling is effective for 2003, enter the date of the ruling , . . . . . . . . ., . , , , L
b Check box to indicate whether the organ ization is a private operating foundation described in section
38-2843599 Pa,
3 or 0 4942 ' 5
(d) 2000 (e) Total Prior 3 years
2002 (c12001 2 a Enter the lesser of the adjusted net Tax ear
income from Part I or the minimum (a) 2003
investment return from Part X for each year listed . . . . . . . . . . . . . . . . . . .
b 850 of line 2a .-- . . . . . . . . . . . . . . . . . . . . . . c Qualifying distributions from Part XII,
line 4 for each year fisted . ._ . . . . . . 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 . . . . . . . . . .
S Complete 3a, b, or c for the attemative 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 "EndowmenC alternative test - Enter 2/3 of minimum investment return shown in Part X, 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) . . . . .
43) Largest amount of support from an exempt organization . . .
a2aseiAI-zo-oa Form 990-PF (2003) 9
18982 1 14080428 099782 18982 2003 .09000 VICTOR FOUNDATION
N/A
PXV Supplementary Information (Complete this part only if the organization had $5,000 or more in assets at any time during the year-see page 25 of the instructions.)
1 Information Regarding Foundation Managers: a List 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 ff they have contributed more than $5,000) . (See section 507(d)(2) .)
NONE b List 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 .
Check here " ~X ff the organization only makes contributions to preselected charitable organizations and does not accept unsolicited requests for lands If the organization makes gifts, grants, etc (see instructions to individuals or organizations under other conditions, complete items 2a, b, c, and d
a The name, address, and telephone number of the person to whom applications should be addressed :
N/A b The form in which applications should be submitted and information and materials they should include :
N/A c Any submission deadlines :
N/A d Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors :
N/A
Form 990-PF (2003) VICTOR FOUNDATION 38-2843599 Page 11
F4MI-A . Analysis of Income-Producing Activities
uiuCiaUM uu5mCSS mcuma txauaea o secaon oiz ors oroin i (e)
(a) (b) I~~� _ I (d) I Related or exempt
B codess Amount See Amount ~ function income
c d e f p Fees and contracts from government agencies . . . .
2 Membership dues and assessments 8 Interest on savings and temporary cash
investments . . . . . . . . . . . . . . . . . . . 4 Dividends and interest from securities . . . . . . . . . 5 Net rental income or (loss) from real estate :
(See worksheet in line 13 instructions to verity calculations .)
?Wi-8 .1 Relationship of Activities to the Accomplishment of Exempt Purposes
Line No . Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to the accomplishment of the organization's exempt purposes (other than by providing funds for such purposes) .
/A
form 990-PF (2003)
Form 990-PF (2003) VICTOR FOUNDATION 38-2843599 Page 12 #tIInformation 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) of Yes NO
the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
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 organization . If the organization received less than fair market value in any transaction or sharing arrangement, show in
2a Is the organization directly or indirectly affiliated with, or related to, one or more tax-exempt organizations described
m section 501(c) of the Code (other fan section 501(c)(3)) or in section 527? __ . . . . . . ED Yes EK No
Description of pe of of N/A
this return, including accompanying schedules and sisternenb, and to the best of rty knowledge and belief, It is true, correct, s or fiduciary) is based on all info
Under pelr6614es of p.-rory, I r and compete Declaration of
The Victor Foundation Form 990-PF, 7/1/2003 - 06/30/2004 EIN # 38-2843599 Schedule A
Part VIII - Schedule of Directors
Name and Address Title & Hrs Benefit Plan Expense Compensation Worked Contribution Accounts
David V. Johnson President -0- -0- -0-2601 Cambridge Ct, Ste 310 Treasurer Auburn Hills, MI 48326 Part-time
Pam Dykehouse-Johnson Director -0- -0- -0-2601 Cambridge Ct, Ste 310 Part-time Auburn Hills, MI 48326
Samara Johnson Director -0- -0- -0-2601 Cambridge Ct, Ste 310 Part-time Auburn Hills, MI 48326
Jennifer Dykehouse Director -0- -0- -0-3839 Hunsaker St . #526 Part-time East Lansing, MI 48823
Brian Berlenbach Director -0- -0- -0-2316 Oak Ridge Drive Part-time Troy, MI 48098
Steve Radom Director -0- -0- -U-2735 Glenbrooke Part-time Bloomfield Hills, MI 48302
J. Douglas Tumbali Director -0- -0- -0-2601 Cambridge Ct, Ste 310 Part-time Auburn Hills, MI 48326
Cameron H . Piggott Secretary -0- -0- -0-2601 Cambridge Ct, Ste 310 Part-time Auburn Hills, MI 48326
Recipient Name & Address
ULI Foundation 1025 Thomas Jefferson St NW #500-W Washington DC 20007
University Cancer Foundation 4000 Town Center Suite 500 Southfleld, MI 48075
Bay Harbor Foundation 750 Bay Harbor Drive Bay Harbor, MI 49770
Suite Dreams Project 36700 Woodward Avenue Suite 209 Bloomfield Hills, MI 48304
Tip Of The Mitt Watershed Council 426 Bay Street Petosky, MI 49770
ULI Foundation 1025 Thomas Jefferson St NW #500-W Washington DC 20007
University Cancer Foundation 4000 Town Center Suite 500 Southfield, MI 48075
Friendship Centers of Emmet County 1322 Anderson Road Petosky, MI 49770
Bay Harbor Foundation 750 Bay Harbor Drive Bay Harbor, MI 49770
Women's Committee For Hospice PO Box 175 Bloomfield Hills, MI 48303
Friendship Centers of Emmet County 1322 Anderson Road Petosky, MI 49770
ULI Foundation 1025 Thomas Jefferson Street NW it500-W Washington DC 20007
60,975.00
me Victor Foundation Forth 990-PF, 7/112003 -6/3012004 Part VX Supplementary information Grants and Contributions Paid During the Year EIN # 38-2843599 Schedule B
n h r wwwwk Foundation r'°'" ""' ̀°w-'''"'° "''' Status of bu .dallan mrupr v
+m. Recipient Purpose of Grant or Contribution Amount
N/A N Responsible leadership in the use 500.00 of land development.
N/A N Cancer research 14,000 .00
N/A N Red Cross Sponsorship 13,000 .00
N/A N Create healing environments to 1,000.00 children affected by serious medical conditions .
N/A N To protect Northern Michigan's lakes, 500.00 rivers, wetlands, and ground water.
N/A N Responsible leadership in the use 10,000 .00 of land development.
N/A N Cancer Research 300.00
N/A N To provide senior citizens opportunities 5,955.00 necessary to live healthy, safe and active lives.
N/A N Festival of Trees Charity Event 675.00
N/A N Care for terminally ill patients in 500.00 their homes .
N/A N To provide senior citizens opportunities 14,045 .00 necessary to live healthy, safe and active lives .
N/A N Responsible leadership in the use 500.00 of land development .
SOURCE AMOUNT
TOTAL TO FORM 990-PF, PART I, LINE 3, COLUMN A 574 .
FORM 990-PF OTHER EXPENSES STATEMENT 3
13 STATEMENT(S) 1, 2, 3 2003 .fl9000 VICTOR FOUNDATION 18982 1 14080428 099782 18982
VICTOR FOUNDATION 38-2843599
FORM 990-PF' INTEREST ON SAVINGS AND TEMPORARY CASH INVESTMENTS STATEMENT 1
INTEREST INCOME 574 .
FORM 990-PF TAXES STATEMENT 2
(A) (B) (C) (D) EXPENSES NET INVEST- ADJUSTED CHARITABLE
DESCRIPTION PER BOOKS MENT INCOME NET INCOME PURPOSES
FEDERAL INCOME TAXES 42 . 0 . 0 .
TO FORM 990-PF, PG 1, IN 18 42 . 0 . 0 .
DESCRIPTION
OFFICE EXPENSES
TO FORM 990-PF, PG 1, LN 23
(B) (C) (D) EXPENSES NET INVEST- ADJUSTED CHARITABLE PER BOOKS MENT INCOME NET INCOME PURPOSES
475 . 0 . 475 .
475 . 0 . 475 .
Form 8868 Application for Extension of Time To File an (December 20M) Exempt Organization Return OMB No. 1545-1709 Department of the Treasury Internal Revenue service " File a separate application for each return .
" If you are filing for an Automatic 3-Month Extension, complete only Part I and check this box, . . . . . . . . . . . . . . . . . . . . � � ., , . � . ., . . . " OX " If you are filing for an Additional (not automatic) 3-Month Extension, complete only Part II (on page 2 of this form) . Note : Do not complete Part 11 unless you have already been granted an automatic 3-month extension on a previously filed Form 8888.
PiR I ., Automatic 3-Month Extension of Time - only submit original (no copies needed)
Note : Form 990-T corporations requesting an automatic 6-month extension - check this box and complete Part I only . . . . . . 10. All other corporations including Form 990-C filers) must use Form 7004 to request an extension of time to file income fax returns. Partnerships, REMICs and trusts must use Form 8736 to request an extension of time to file Form 1065, 1066, or 1041 . Type or I Name of Exempt Organization print
VICTOR FOUNDATION Number, street, and room or suite no. If a P.O . box, see instructions. 2601 CAMBRIDGE CT, STE 310 City, town or post office, state, and ZIP code . For a foreign address, see instructions. AUBURN HILLS, MI 48326-2575
38-2843599 File by the due date for filing your return see Inswccons
14 14080428 099782 18982 2003 .09000 VICTOR FOUNDATION 18982 1
Employer identification number
Check type of return to be filed (file a separate application for each return):
Form 990 1:J Form 990-T (corporation) ~ Form 4720 Form 990-BL ~ Form 990-T (sec. 401(a) or 408(a) trust) ~ Form 5227
0 Form 990-EZ D Form 990-T (trust other than above) 0 Form 6069 fl Form 990~PF 0 Form 1041-A ~] Form 8870
" If the organization does not have an office or place of business in the United States, check this box , _ . . . . . . . ._ . ., . . ., ., . � " 0 " If this is for a Group Return, enter the organization's four digit Group Exemption Number (GEN) . If this is for the whole group, check this box " = . If it is for part of the group, check this box " = and attach a list with the names and EINs of ail members the extension will cover.
1 I request an automatic 3-month (6-month, for 990-T corporation ) extension of time until FEBRUARY 15t 2005 . to file the exempt organization return for the organization named above. The extension is for the organization's return for. 00. calendar year or " ~X tax year beginning JUL 1, 2003 , and ending JUN 3 0 , 2004
2 If this tax year is for less than 12 months, check reason : 0 Initial return 0 Final return ~ Change in accounting period
3a If this application is for Form 990-BL, 990-PF, 990-T, 4720, or 6069, enter the tentative tax, less any nonrefundable credits . See instructions . . . . . . . . . . . . . . . . . . � , . a 6 ,
b If this application is for Form 990-PF or 990-T, enter any refundable credits and estimated tax payments made . Include any prior year overpayment allowed as a credit _ . . ._ . . . . . . . . . . . . . . . . . . . . . . � .� ., ., $ 0 .
c Balance Due . Subtract line 3b from line 3a . Include your payment with this form, or, if required, deposit with FfD coupon or, if required, by using EFTPS (Electronic Federal Tax Payment System) . See instructions . . . . . . . . . ., . . . ., $ 6 .
Signature and Verification Under penalties of perjury, I declare that I have examined this form, including accompanying schedules and statements, and 3o the best of my knowledge and belief, it is true, correct, and complete, and that I am authorized to prepare this form .
Signature " Title " Date LHA For Paperwork Reduction Act Notice, see instruction Form 8868 (12-2000)
