TY 2017 IRS 990 e-File Render

Explanation:

IN ACCORDANCE WITH REG. 53.4942(A)-2(C)( 3)(IV), THE FOUNDATION IS EXCLUDING FROM ITS MINIMUM INVESTMENT RETURN (MIR) CALCULATION A TOTAL OF $307,591,502 IN CASH THAT IT DEEMS HELD FOR CHARITABLE ACTIVITIES. THIS AMOUNT IS IN EXCESS OF 1.5% OF THE FAIR MARKET VALUE OF THE FOUNDATION'S NON-CHARITABLE ASSETS. THE FOLLOWING INFORMATION IS SUBMITTED IN SUPPORT OF THE EXCLUSION FROM MIR OF THIS AMOUNT. FMV OF FOUNDATION'S NON-CHARITABLE ASSETS: $12,862,050,185 1 1/2% OF LINE 3: $192,930,753 FACTS AND CIRCUMSTANCES JUSTIFYING THE EXCLUSION OF AN AMOUNT IN EXCESS OF 1 1/2% OF NON-CHARITABLE ASSETS: AS OF DECEMBER 31 2017 THE FOUNDATION MAINTAINED A SEGREGATED CASH BALANCE IN THE AMOUNT OF $114,660,750 FOR QUALIFYING DISTRIBUTIONS ASSOCIATED WITH THE RENOVATION OF THE FORD FOUNDATION CENTER FOR SOCIAL JUSTICE