GILBERT FOUNDATION: Form 990PF, tax year 2023

View the entire original 990 at ProPublica ↗

Organization
GILBERT FOUNDATION (EIN 36-4089976)
Tax period
2023-01-01 to 2023-12-31
Filed
2024-05-03
IRS object ID
202431249349100138
Schema version
2023v5.0
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)
Return2024-05-03T11:18:37-07:00ReturnTs
Tax Period End2023-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061834234PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGREAL & ROBINSON LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1915 55TH ST STE 101AddressLine1Txt
CityWESTERN SPRINGSCityNm
State AbbreviationILStateAbbreviationCd
ZIP60558ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2023-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364089976EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GILBERT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGILBBusinessNameControlTxt
Phone7082122100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLE 206AddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAUREEN SHUREPersonNm
Person TitlePresidentPersonTitleTxt
Signature2024-05-03SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMAUREENPersonFirstNm
Person LastSHUREPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICTORIA ROBINSONPreparerPersonNm
PTINP00443866PTIN
Phone7089379366PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$3,686DividendsRevAndExpnssAmt
Dividends Net Invst Incm$3,686DividendsNetInvstIncmAmt
Dividends Adj Net Incm$3,686DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$3,702NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$5,553GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$3,702CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$3,702NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$7,391TotalRevAndExpnssAmt
Total Net Invst Incm$7,391TotalNetInvstIncmAmt
Total Adj Net Incm$7,391TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$975AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$488AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$487AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$57TaxesRevAndExpnssAmt
Taxes Net Invst Incm$28TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$29TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,032TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$516TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$516TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$7,032TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$516TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,516TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$359ExcessRevenueOverExpensesAmt
Net Investment Income$6,875NetInvestmentIncomeAmt
Adjusted Net Income$7,391AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$1,075CashBOYAmt
Cash EOY$4,264CashEOYAmt
Corporate Stock BOY$123,236CorporateStockBOYAmt
Corporate Stock EOY$78,075CorporateStockEOYAmt
Total Assets BOY$124,311TotalAssetsBOYAmt
Total Assets EOY$82,339TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$124,311RetainedEarningBOYAmt
Retained Earning EOY$82,339RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$124,311TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$82,339TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$124,311TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$82,339TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$124,311TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$359ExcessRevenueOverExpensesAmt
Subtotal$124,670SubtotalAmt
Other Decreases$42,331OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$82,339TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property50 SHS EXXON MOBILEPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2023-01-18AcquiredDt
Sold2023-10-09SoldDt
Gross Sales Price$5,553GrossSalesPriceAmt
Cost Or Other Basis$1,851CostOrOtherBasisAmt
Gain Or Loss$3,702GainOrLossAmt
Gains Minus Excess Or Losses$3,702GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$3,702CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$3,702NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$96InvestmentIncomeExciseTaxAmt
Subtotal$96SubtotalAmt
Tax Based On Investment Income$96TaxBasedOnInvestmentIncomeAmt
Tax Due$96TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THERESE C LANDSCHOOTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7082122100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLE 206AddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MAUREEN SHURE
4726 W LONGHOLLOW RDGALENAIL60136President1.00$0
JAMES L DUNNE
791 PRINCETON LANENEW LENOXIL60451Director1.00$0
THERESE C LANDSCHOOT
123 ACACIA CIRCLE 206INDIAN HEAD PARKIL60525Treasurer3.00$0
SUSAN J DINA
4073 GROVE STWESTERN SPRINGSIL60558Director1.00$0
WILLIAM M DUNNE
9832 S KENNETH AVEOAK LAWNIL60453Director1.00$0
ROSE KENNEDY
9807 S KARLOV 307OAK LAWNIL60453Secretary1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$96TaxBasedOnInvestmentIncomeAmt
Total Tax$96TotalTaxAmt
Distributable Before Adj$96DistributableBeforeAdjAmt
Distributable Before Ded$96DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,516ExpensesAndContributionsAmt
Qualifying Distributions$6,516QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$619ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,454ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,622ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$6,980ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$6,604ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$17,279TotalExcessDistributionCyovAmt
Qualifying Distributions$6,516QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$6,516RemainingDistriFromCorpusAmt
Total Corpus$23,795TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$619ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$23,176ExcessDistriCyovToNextYrAmt
Excess From Year4$1,454ExcessFromYear4Amt
Excess From Year3$1,622ExcessFromYear3Amt
Excess From Year2$6,980ExcessFromYear2Amt
Excess From Year1$6,604ExcessFromYear1Amt
Excess From Current Year$6,516ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
RIDING WITH ANGELS INC
W691 COUNTY RD CIRCLEPALMYRAWI53136501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$300
MISERICORDIA WOMEN'S LEAGUE
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$1,500
NATIONAL JEWISH HEALTH
1400 JACKSON STREETDENVERCO80206501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH HEALTH CONDITIONS$500
MISERICORDIA HOME
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$3,500
CHRISTMAS WITHOUT CANCER
PO BOX 628OAK LAWNIL60454501C(3)UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH CANCER$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$3,686ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3,702RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$3,689ExclusionAmt
Related Or Exempt Function Incm$3,702RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,391TotalIncomeProducingActyAmt

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)
CategoryACCOUNTING FEESCategoryTxt
Amt$975Amt
Net Investment Income$488NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$487DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescADJUSTMENTS TO TIE TO REDesc
Amt$42,331Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryILLINOIS SECRETARY OF STATECategoryTxt
Amt$57Amt
Net Investment Income$28NetInvestmentIncomeAmt
Disbursements Charitable Prps$29DisbursementsCharitablePrpsAmt

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