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BENCK FAMILY FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
BENCK FAMILY FOUNDATION (EIN 82-3503103)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-01-18
IRS object ID
202420189349100222
Schema version
2023v4.0
Source
Download XML · Original 990 at ProPublica

Every field in the e-filed return. Faint text is the IRS element name, for citing.

Return header ReturnHeader

FieldValueIRS element (for citing)
Return2024-01-18T16:51:27-05:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN852555361PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HANSEN PLAHM & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18180 S CASS AVEAddressLine1Txt
CityDARIENCityNm
State AbbreviationILStateAbbreviationCd
ZIP605615013ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823503103EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BENCK FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBENCBusinessNameControlTxt
Phone6309688897PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 S FOREST AVENUEAddressLine1Txt
CityNAPERVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP60540ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE BENCKPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6309688897PhoneNum
Signature2024-01-18SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDIANEPersonFirstNm
Person LastBENCKPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRIS STEIN CPAPreparerPersonNm
PTINP01241273PTIN
Phone6309688897PhoneNum
Preparation2024-01-18PreparationDt
FieldValueIRS element (for citing)
Tax2023TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,764,437FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$147,286DividendsRevAndExpnssAmt
Dividends Net Invst Incm$147,286DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$41,834NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,688,107GrossSalesPriceAmt
Other Income Rev And Expnss$5,732OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$111,184TotalRevAndExpnssAmt
Total Net Invst Incm$147,286TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss$2,950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$2,950AccountingFeesNetInvstIncmAmt
Other Expenses Rev And Expnss$32,911OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$32,911OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$35,861TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$35,861TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$355,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$355,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$390,861TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$35,861TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$355,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$279,677ExcessRevenueOverExpensesAmt
Net Investment Income$111,425NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$41,543CashBOYAmt
Cash EOY$44,086CashEOYAmt
Cash EOYFMV$44,086CashEOYFMVAmt
Sav And Temp Cash Invst BOY$665,074SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$319,216SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$319,216SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$4,993,376CorporateStockBOYAmt
Corporate Stock EOY$5,057,014CorporateStockEOYAmt
Corporate Stock EOYFMV$6,401,135CorporateStockEOYFMVAmt
Total Assets BOY$5,699,993TotalAssetsBOYAmt
Total Assets EOY$5,420,316TotalAssetsEOYAmt
Total Assets EOYFMV$6,764,437TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$5,699,993NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$5,420,316NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$5,699,993TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,420,316TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$5,699,993TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,420,316TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$5,699,993TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$279,677ExcessRevenueOverExpensesAmt
Subtotal$5,420,316SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,420,316TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIESP$112,875$121,280-$8,405-$8,405
PUBLICLY TRADED SECURITIESP$2,575,232$2,608,661-$33,429-$33,429
FieldValueIRS element (for citing)
Capital Gain Net Income-$41,834CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,549InvestmentIncomeExciseTaxAmt
Subtotal$1,549SubtotalAmt
Tax Based On Investment Income$1,549TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$11,096EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$11,096TotalPaymentsAndCreditsAmt
Overpayment$9,547OverpaymentAmt
Applied To ES Tax$9,547AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDIANE BENCKIndividualWithBooksNm
Phone6309688897PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line139 S FOREST AVENUEAddressLine1Txt
CityNAPERVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP60540ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDIANE BENCKPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 S FOREST AVENUEAddressLine1Txt
CityNAPERVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP60540ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,121,277AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$493,644AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,614,921TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,614,921AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$99,224CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,515,697NetVlNoncharitableAssetsAmt
Minimum Investment Return$325,785MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$325,785MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,549TaxBasedOnInvestmentIncomeAmt
Total Tax$1,549TotalTaxAmt
Distributable Before Adj$324,236DistributableBeforeAdjAmt
Distributable Before Ded$324,236DistributableBeforeDedAmt
Distributable As Adjusted$324,236DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$355,000ExpensesAndContributionsAmt
Qualifying Distributions$355,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$324,236DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$87,933ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$22,518ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$359,903ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$470,354TotalExcessDistributionCyovAmt
Qualifying Distributions$355,000QualifyingDistributionsAmt
Applied To Current Year$324,236AppliedToCurrentYearAmt
Remaining Distri From Corpus$30,764RemainingDistriFromCorpusAmt
Total Corpus$501,118TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$501,118ExcessDistriCyovToNextYrAmt
Excess From Year4$87,933ExcessFromYear4Amt
Excess From Year3$22,518ExcessFromYear3Amt
Excess From Year2$359,903ExcessFromYear2Amt
Excess From Current Year$30,764ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
LITTLE FRIENDS
140 N WRIGHT STREETNAPERVILLEIL60540NONEPCGENERAL$100,000
LOAVES & FISHES COMMUNITY SERVICES
1871 HIGH GROVE LANENAPERVILLEIL60540NONEPCGENERAL$100,000
NAPERVILLE HERITAGE SOCIETY
523 S WEBSTER STNAPERVILLEIL60540NONEPCGENERAL$100,000
THE SALVATION ARMY
5040 NORTH PULASKI ROADCHICAGOIL606302788NONEPCGENERAL$20,000
WAYSIDE CROSS MINISTRIES
215 E NEW YORK STREETAURORAIL605053491NONEPCGENERAL$5,000
MERCY HOME FOR BOYS AND GIRLS
1140 W JACKSON BOULEVARDCHICAGOIL60607NONEPCGENERAL$5,000
THE ART INSTITUTE OF CHICAGO
111 SOUTH MICHIGAN AVECHICAGOIL60603NONEPCGENERAL$10,000
CHICAGO SYMPHONY ORCHESTRA
220 S MICHIGAN AVECHICAGOIL60604NONEPCGENERAL$10,000
CALS ANGELS
2422 W MAIN ST UNIT 3BST CHARLESIL60175NONEPCGENERAL$2,500
THE NIGHT MINISTRY
1735 N ASHLAND AVENUECHICAGOIL60622NONEPCGENERAL$2,500SUITE 2000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$355,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$147,286ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$41,834ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp

FieldValueIRS element (for citing)
DescFEDERAL TAX REFUNDDesc
Exclusion41ExclusionCd
Exclusion$5,732ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$111,184ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$111,184TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryINDIRECT ACCOUNTING FEESCategoryTxt
Amt$2,950Amt
Net Investment Income$2,950NetInvestmentIncomeAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFIFTH THIRD INVESTMENTSStockNm
EOY Book Value$5,057,014EOYBookValueAmt
EOYFMV$6,401,135EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT MANAGEMENT FEES$32,671$32,671
FILING FEES$240$240

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescFEDERAL TAX REFUNDDesc
Revenue And Expenses Per Books$5,732RevenueAndExpensesPerBooksAmt

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