2024-07-31T19:12:49-05:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 757 THIRD AVENUE 3RD FLOOR NEW YORK NY 100172013 990 2023-01-01 270904683 THE FORD FOUNDATION VEBA TRUST FORD 2125734780 320 EAST 43RD STREET NEW YORK NY 10017 DEPELSHA MCGRUDER VP, COO, & TREASURER 2125734780 2024-07-31 1 0 SCOTT THOMPSETT P00741490 2125990100 2023 2024-08-08 14:25:15Z DEPELSHA MCGRUDER 320 EAST 43RD STREET NEW YORK NY 10017 6264263 0 X N/A X 2009 NY TO PROVIDE MEDICAL/DENTAL/LIFE BENEFITS COVERING ALL ELIGIBLE RETIREES OF FORD FDN (& DEPENDENTS). 1 0 0 0 0 0 0 0 0 0 1911781 2056539 0 0 1911781 2056539 0 0 4302346 5257634 82883 80214 0 0 0 52594 53683 4437823 5391531 -2526042 -3334992 33718766 33620467 473709 513467 33245057 33107000 THE FORD FOUNDATION VEBA TRUST IS A VOLUNTARY EMPLOYEES' BENEFICIARY ASSOCIATION WHOSE PRIMARY PURPOSE IS TO PROVIDE MEDICAL, DENTAL AND LIFE BENEFITS FOR ELIGIBLE RETIREES (AND THEIR DEPENDENTS) OF THE FORD FOUNDATION. 0 0 THE FORD FOUNDATION RETIREE WELFARE PLAN IS FUNDED BY THE FORD FOUNDATION THROUGH THE FORD FOUNDATION VEBA TRUST. THE PLAN PROVIDES MEDICAL AND DENTAL INSURANCE TO RETIREES OF THE FOUNDATION AND THEIR ELIGIBLE DEPENDENTS. THE PLAN ALSO PROVIDES LIFE INSURANCE FOR RETIREES AND PAYS THOSE BENEFITS TO BENEFICIARIES NAMED BY THE RETIREE. 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 X 1 0 0 0 0 0 0 0 1 1 1 1 0 1 1 1 1 1 1 0 0 0 X DEPELSHA MCGRUDER 2125735000 320 EAST 43RD STREET NEW YORK NY 10017 VANGUARD FIDUCIARY TRUST CO TRUSTEE 1.00 X 100353 0 0 100353 0 0 0 0 0 0 0 867559 867559 5396704 4207724 1188980 1188980 1188980 2056539 0 0 2056539 5257634 80214 31824 21859 5391531 33718766 33620467 33718766 33620467 30439 25268 443270 488199 473709 513467 X 33245057 33107000 0 0 0 0 33245057 33107000 33718766 33620467 X -3334992 3241864 -44929 X 0 1 X 1 0 0 PREMIUMS DUE TO INSURERS 488199 488199 X 5298404 3241864 3241864 2056540 0 2056540 5391531 0 5391531 0 5391531 PART X, LINE 2: UNCERTAIN TAX POSITIONS UNDER FIN 48 (ASC 740) THE VEBA TRUST, ESTABLISHED UNDER THE PLAN TO HOLD THE PLAN'S ASSETS, IS INTENDED TO QUALIFY PURSUANT TO SECTION 501(C)(9) OF THE CODE, AND, ACCORDINGLY, THE TRUST'S NET INVESTMENT INCOME IS EXEMPT FROM INCOME TAXES. THE TRUST HAS OBTAINED A FAVORABLE TAX DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE ("IRS") DATED JANUARY 25, 2011. U.S. GAAP REQUIRES PLAN MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE PLAN AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE PLAN HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY THE IRS. THE PLAN ADMINISTRATOR HAS ANALYZED THE TAX POSITIONS BY THE PLAN, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2023 AND 2022, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE PLAN IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. FORM 990, PART VI, SECTION A, LINE 7B GOVERNANCE DECISIONS RESERVED TO OTHER THAN THE GOVERNING BODY THE FORD FOUNDATION HAS ESTABLISHED A BENEFIT PLAN COMMITTEE THAT HAS OVERSIGHT AND GOVERNING AUTHORITY OVER ALL COMPLIANCE AND DECISION-MAKING MATTERS RELATED TO THE FORD FOUNDATION VEBA TRUST. FORM 990, PART VI, SECTION A, LINE 8B: CONTEMPORANEOUS DOCUMENTATION BY A COMMITTEE TO THE EXTENT THAT THE BENEFIT PLAN COMMITTEE CONVENES MEETINGS, BOARD MINUTES ARE MAINTAINED FOR THOSE MEETINGS. FORM 990, PART VI, SECTION A, LINE 9: TRUSTEE NOT AT ORGANIZATION'S MAILING ADDRESS VANGUARD FIDUCIARY TRUST CO. 400 DEVON PARK DRIVE, MS 247 WAYNE, PA 19087 FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW THE TRUST'S FORM 990 IS PREPARED BY THE FINANCIAL DEPARTMENT OF THE FORD FOUNDATION, IN CONJUNCTION WITH ITS EXTERNAL THIRD PARTY TAX CONSULTANTS. UPON COMPLETION, THE FORM 990 IS REVIEWED BY THE INSTITUTIONAL TRUSTEE, AS WELL AS BY THE TRUST SPONSOR'S H.R. BENEFIT MANAGER, INVESTMENT OFFICER AND CONTROLLER. FORM 990, PART VI, SECTION B, LINE 12C POLICIES THE FORD FOUNDATION VEBA TRUST OPERATES UNDER THE CONFLICT OF INTEREST, WHISTLEBLOWER AND DOCUMENTATION RETENTION POLICIES OF ITS SPONSOR, THE FORD FOUNDATION. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE FORD FOUNDATION VEBA TRUST IS NOT REQUIRED TO MAKE AVAILABLE FOR PUBLIC INSPECTION ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS. THE TRUST AGREEMENT IS AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN PREMIUMS DUE -44,929. THE FORD FOUNDATION 320 EAST 43RD STREET NEW YORK NY 10017 131684331 GRANTMAKING MI 501(C)(3) PF N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0