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          <AverageHrsPerWkDevotedToPosRt>001.00</AverageHrsPerWkDevotedToPosRt>
          <CompensationAmt>0</CompensationAmt>
        </OfficerDirTrstKeyEmplGrp>
        <CompOfHghstPdEmplOrNONETxt>NONE</CompOfHghstPdEmplOrNONETxt>
        <CompOfHghstPdCntrctOrNONETxt>NONE</CompOfHghstPdCntrctOrNONETxt>
      </OfficerDirTrstKeyEmplInfoGrp>
      <SummaryOfDirectChrtblActyGrp>
        <Description1Txt>Operated a senior adult assisted living facility in a rural environment serving 25 residents</Description1Txt>
        <Expenses1Amt>895804</Expenses1Amt>
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      <DistributableAmountGrp>
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        <TotalTaxAmt>26</TotalTaxAmt>
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      <PFQualifyingDistributionsGrp>
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        <QualifyingDistributionsAmt>812035</QualifyingDistributionsAmt>
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      <UndistributedIncomeGrp>
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        <ExcessDistributionCyovYr5Amt>655121</ExcessDistributionCyovYr5Amt>
        <ExcessDistributionCyovYr4Amt>608849</ExcessDistributionCyovYr4Amt>
        <ExcessDistributionCyovYr3Amt>617625</ExcessDistributionCyovYr3Amt>
        <ExcessDistributionCyovYr2Amt>609813</ExcessDistributionCyovYr2Amt>
        <ExcessDistributionCyovYr1Amt>754082</ExcessDistributionCyovYr1Amt>
        <TotalExcessDistributionCyovAmt>3245490</TotalExcessDistributionCyovAmt>
        <QualifyingDistributionsAmt>812035</QualifyingDistributionsAmt>
        <RemainingDistriFromCorpusAmt>812035</RemainingDistriFromCorpusAmt>
        <TotalCorpusAmt>4057525</TotalCorpusAmt>
        <UndistributedIncomeCYAmt>0</UndistributedIncomeCYAmt>
        <ExcessDistriCyovFromYr5Amt>655121</ExcessDistriCyovFromYr5Amt>
        <ExcessDistriCyovToNextYrAmt>3402404</ExcessDistriCyovToNextYrAmt>
        <ExcessFromYear4Amt>608849</ExcessFromYear4Amt>
        <ExcessFromYear3Amt>617625</ExcessFromYear3Amt>
        <ExcessFromYear2Amt>609813</ExcessFromYear2Amt>
        <ExcessFromYear1Amt>754082</ExcessFromYear1Amt>
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      <SupplementaryInformationGrp>
        <ContributingManagerNm>None</ContributingManagerNm>
        <ShareholderManagerNm>None</ShareholderManagerNm>
        <OnlyContriToPreselectedInd>X</OnlyContriToPreselectedInd>
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      <AnalysisIncomeProducingActyGrp>
        <ProgramServiceRevenueDtl>
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        <ProgramServiceRevenueDtl>
          <Desc>misc income</Desc>
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        <ProgramServiceRevenueDtl>
          <Desc>space rental</Desc>
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        <ProgramServiceRevenueDtl>
          <Desc>Application fees</Desc>
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        <OtherInvestmentIncomeGrp>
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        <GainSalesAstOthThanInvntryGrp>
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        <OtherRevenueDescribedGrp>
          <Desc>donations</Desc>
        </OtherRevenueDescribedGrp>
        <OtherRevenueDescribedGrp>
          <Desc>unrealized gains on endowments</Desc>
        </OtherRevenueDescribedGrp>
        <SubtotalsIncmProducingActyGrp>
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        </SubtotalsIncmProducingActyGrp>
        <TotalIncomeProducingActyAmt>849331</TotalIncomeProducingActyAmt>
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        <RlnOfActyToAccomOfExmptPrpsGrp>
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          <RelationshipStatementTxt>Misc income paid by residents for services</RelationshipStatementTxt>
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        <RlnOfActyToAccomOfExmptPrpsGrp>
          <LineNumberTxt>1c</LineNumberTxt>
          <RelationshipStatementTxt>Kitchen space rental</RelationshipStatementTxt>
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        <RlnOfActyToAccomOfExmptPrpsGrp>
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          <RelationshipStatementTxt>application processing fees for prospective residents</RelationshipStatementTxt>
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      <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>
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        <ContributorPersonNm>Presbyterian Villages of Michigan F</ContributorPersonNm>
        <ContributorUSAddress>
          <AddressLine1Txt>26200 Lahser Rd Suite 300</AddressLine1Txt>
          <CityNm>Southfield</CityNm>
          <StateAbbreviationCd>MI</StateAbbreviationCd>
          <ZIPCd>48033</ZIPCd>
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        <TotalContributionsAmt>0</TotalContributionsAmt>
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      <DepreciationPropertyGrp>
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        <PriorYearDepreciationAmt>93787</PriorYearDepreciationAmt>
        <ComputationMethodTxt>SL</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
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        <ComputationMethodTxt>SL</ComputationMethodTxt>
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      <DepreciationPropertyGrp>
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      <DepreciationPropertyGrp>
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      <LandEtcGrp>
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      <LandEtcGrp>
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      <LandEtcGrp>
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        <BookValueAmt>58367</BookValueAmt>
      </LandEtcGrp>
      <LandEtcGrp>
        <CategoryOrItemTxt>Technology</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>48679</CostOrOtherBasisAmt>
        <BookValueAmt>2005</BookValueAmt>
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      <LandEtcGrp>
        <CategoryOrItemTxt>Bldg improvements</CategoryOrItemTxt>
        <CostOrOtherBasisAmt>205307</CostOrOtherBasisAmt>
        <BookValueAmt>54361</BookValueAmt>
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    </LandEtcSchedule2>
    <LegalFeesSchedule documentId="990PF:111" softwareId="23017665" softwareVersionNum="23.1.0.0">
      <LegalFeesGrp>
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        <DisbursementsCharitablePrpsAmt>1038</DisbursementsCharitablePrpsAmt>
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    </LegalFeesSchedule>
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      <OtherAssetsScheduleGrp>
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        <EOYBookValueAmt>162532</EOYBookValueAmt>
        <EOYFMVAmt>162532</EOYFMVAmt>
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    <OtherExpensesSchedule documentId="990PF:115" softwareId="23017665" softwareVersionNum="23.1.0.0">
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        <DisbursementsCharitablePrpsAmt>21399</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>telephone</Desc>
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        <DisbursementsCharitablePrpsAmt>15036</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>misc admin</Desc>
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        <DisbursementsCharitablePrpsAmt>6144</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>marketing</Desc>
        <RevenueAndExpensesPerBooksAmt>1998</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>1998</DisbursementsCharitablePrpsAmt>
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      <OtherExpensesScheduleGrp>
        <Desc>Insurance</Desc>
        <RevenueAndExpensesPerBooksAmt>21717</RevenueAndExpensesPerBooksAmt>
        <DisbursementsCharitablePrpsAmt>21717</DisbursementsCharitablePrpsAmt>
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    </OtherExpensesSchedule>
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        <AdjustedNetIncomeAmt>825208</AdjustedNetIncomeAmt>
      </OtherIncomeDetail>
      <OtherIncomeDetail>
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        <RevenueAndExpensesPerBooksAmt>4800</RevenueAndExpensesPerBooksAmt>
        <AdjustedNetIncomeAmt>4800</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
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        <AdjustedNetIncomeAmt>3539</AdjustedNetIncomeAmt>
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      <OtherIncomeDetail>
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      <OtherIncreasesDetail>
        <Desc>audit adjustment - prior year</Desc>
        <Amt>0</Amt>
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      <OtherIncreasesDetail>
        <Desc>rounding</Desc>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>housekeeping services</CategoryTxt>
        <Amt>491</Amt>
        <DisbursementsCharitablePrpsAmt>491</DisbursementsCharitablePrpsAmt>
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      <OtherProfessionalFeesDetail>
        <CategoryTxt>admin services</CategoryTxt>
        <Amt>39703</Amt>
        <DisbursementsCharitablePrpsAmt>39703</DisbursementsCharitablePrpsAmt>
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    <TaxesSchedule documentId="990PF:114" softwareId="23017665" softwareVersionNum="23.1.0.0"></TaxesSchedule>
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</Return>