HANLEY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- HANLEY FOUNDATION (EIN 02-0631312)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-13
- IRS object ID
- 202403189349103200
- Schema version
- 2023v5.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-13T14:29:55-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362929601 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FGMK LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2801 LAKESIDE DRIVE 3RD FLOOR | AddressLine1Txt |
| City | BANNOCKBURN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60015 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 020631312 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HANLEY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HANL | BusinessNameControlTxt |
| Phone | 3123002370 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5120 LAKEVIEW DRIVE | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | GEORGE P HANLEY | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 3123002370 | PhoneNum |
| Signature | 2024-11-13 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | LAWRENCE BOBER | PreparerPersonNm |
| PTIN | P00038471 | PTIN |
| Phone | 8473740400 | PhoneNum |
| Preparation | 2024-11-12 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $22,246,954 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $586,051 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $586,051 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $349,922 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $349,922 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $770,082 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,114,184 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $770,082 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $63,538 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $63,538 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $1,769,593 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,769,593 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $25,002 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $12,501 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $12,501 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $3,303 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,303 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $312,078 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $312,078 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $340,383 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $327,882 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $12,501 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,393,633 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,393,633 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,734,016 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $327,882 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,406,134 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $35,577 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,441,711 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $864,804 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,675,671 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,675,671 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,339,602 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,376,744 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $7,046,096 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,256,281 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $5,350,464 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,412,523 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,510,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,863,275 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,524,690 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,893,796 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,893,796 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $35,164 | OtherAssetsBOYAmt |
| Other Assets EOY | $87,004 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $87,004 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $21,883,277 | TotalAssetsBOYAmt |
| Total Assets EOY | $20,762,354 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $22,246,954 | TotalAssetsEOYFMVAmt |
| Loans From Officers BOY | $10,000 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $10,250 | LoansFromOfficersEOYAmt |
| Other Liabilities BOY | $1,003,299 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $6,025 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $1,013,299 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $16,275 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $20,869,978 | RetainedEarningBOYAmt |
| Retained Earning EOY | $20,746,079 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $20,869,978 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $20,746,079 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,883,277 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $20,762,354 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $20,869,978 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $35,577 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7 | OtherIncreasesAmt |
| Subtotal | $20,905,562 | SubtotalAmt |
| Other Decreases | $159,483 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $20,746,079 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (22 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| NATIONAL FINANCIAL SERVICES #1825 | P | $926,746 | $953,943 | -$27,197 | -$27,197 |
| NATIONAL FINANCIAL SERVICES #1825 | P | $337,729 | $222,243 | $115,486 | $115,486 |
| NATIONAL FINANCIAL SERVICES #1825 | P | $268,468 | $255,427 | $13,041 | $13,041 |
| NATIONAL FINANCIAL SERVICES #2325 | P | $8,693,089 | $8,461,676 | $231,413 | $231,413 |
| NATIONAL FINANCIAL SERVICES #2325 | P | $129,278 | $235,915 | -$106,637 | -$106,637 |
| BCIM PARTNERS III, LP | P | $54,664 | $54,664 | $54,664 | |
| CASDIN PRIVATE GROWTH EQUITY FUND, LP | P | $2,891 | $2,891 | $2,891 | |
| CASDIN PRIVATE GROWTH EQUITY FUND, LP | P | $8,567 | -$8,567 | -$8,567 | |
| GCM GROSVENOR OHESCF, LP | P | $3,166 | -$3,166 | -$3,166 | |
| GREATPOINT VENTURES INNOVATION PARALLEL FUND, LP | P | $60,687 | -$60,687 | -$60,687 | |
| IMPACT ENGINE PRIVATE EQUITY FUND II, LP | P | $12 | $12 | $12 | |
| KONVOY VENTURES II, LP | P | $20,781 | -$20,781 | -$20,781 | |
| PB STRATEGIC PARTNERS FEEDER FUND IV, LP | P | $1,131 | -$1,131 | -$1,131 | |
| PB STRATEGIC PARTNERS FEEDER FUND IV, LP | P | $65,313 | -$65,313 | -$65,313 | |
| POLYCHAIN VENTURES II, LP | P | $2,923 | -$2,923 | -$2,923 | |
| POLYCHAIN VENTURES III (PARALLEL), LP | P | $1,562 | -$1,562 | -$1,562 | |
| POLYCHAIN VENTURES III (PARALLEL), LP | P | $407 | -$407 | -$407 | |
| UPPER90 ECOMMERCE OPPORTUNITIES FUND, LP | P | $11,138 | -$11,138 | -$11,138 | |
| UPPER90 FUND II, LP | P | $1,945 | -$1,945 | -$1,945 | |
| UPPER90 FUND II, LP | P | $23,238 | -$23,238 | -$23,238 | |
| VINE VENTURES I-B, LP | P | $14,040 | -$14,040 | -$14,040 | |
| CONWAY OFFSHORE | P | $701,307 | $701,307 | $701,307 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $770,082 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $20,040 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $20,040 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $20,040 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $56,695 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $56,695 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $36,655 | OverpaymentAmt |
| Applied To ES Tax | $36,655 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.HANLEYFDN.ORG/ | WebsiteAddressTxt |
| Individual With Books | GEORGE P HANLEY | IndividualWithBooksNm |
| Phone | 3123002370 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5120 LAKEVIEW DRIVE | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| GEORGE P HANLEY | ||||||||
| 5120 LAKEVIEW DRIVE | MIAMI BEACH | FL | 33140 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| MARC SCHWARTZ | ||||||||
| 333 W WACKER DRIVE SUITE 1700 | CHICAGO | IL | 60606 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,488,697 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,064,621 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $10,818,797 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $23,372,115 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $23,372,115 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $350,582 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $23,021,533 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,151,077 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,151,077 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $20,040 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $20,040 | TotalTaxAmt |
| Distributable Before Adj | $1,131,037 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,131,037 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,131,037 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,406,134 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,406,134 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,131,037 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $27,190 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $27,190 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,406,134 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,131,037 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $275,097 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $302,287 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $302,287 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $27,190 | ExcessFromYear1Amt |
| Excess From Current Year | $275,097 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GEORGE P HANLEY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | GEORGE P HANLEY | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5120 LAKEVIEW DRIVE | AddressLine1Txt |
| City | MIAMI BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33140 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3123995099 | RecipientPhoneNum |
| Form And Info And Materials | WRITTEN REQUESTS ONLY | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| CENTER FOR AMERICAN PROGRESS | |||||||
| 1333 H STREET NW SUITE 100E | WASHINGTON | DC | 20005 | NONE | 501(C)(3) | SOCIAL SERVICE | $25,000 |
| CHARLES SCHWARTZ MEMORIAL FOUNDATION | |||||||
| 333 WEST WACKER DRIVE SUITE 1700 | CHICAGO | IL | 60606 | NONE | 501(C)(3) | SOCIAL SERVICE | $10,000 |
| EVANS SCHOLARS FOUNDATION | |||||||
| 2501 PATRIOT BLVD | GLENVIEW | IL | 60026 | NONE | 501(C)(3) | EDUCATION | $250 |
| GIVERGY | |||||||
| 601 WEST 26TH STREET SUITE 325 | NEW YORK | NJ | 10001 | NONE | 501(C)(3) | SOCIAL SERVICE | $10,000 |
| JOSHUA FRASE FOUNDATION | |||||||
| PO BOX 2041 | PONTE VEDRA BEACH | FL | 32004 | NONE | 501(C)(3) | MEDICAL | $1,000 |
| MORGAN STANLEY GLOBAL IMPACT FUNDING TRUST | |||||||
| 8910 PURDUE RD | INDIANAPOLIS | IN | 46268 | NONE | 501(C)(3) | SOCIAL SERVICE | $329,794 |
| MOUNT SINAI MEDICAL CENTER | |||||||
| 4300 ALTON ROD | MIAMI BEACH | FL | 33140 | NONE | 501(C)(3) | MEDICAL | $15,000 |
| RUSH UNIVERSITY MEDICAL CENTER | |||||||
| 1700 WEST VAN BUREN ST | CHICAGO | IL | 60612 | NONE | 501(C)(3) | MEDICAL | $500 |
| UNIVERSITY OF DAYTON | |||||||
| 300 COLLEGE PARK DRIVE | DAYTON | OH | 45469 | NONE | 501(C)(3) | EDUCATION | $1,001,989 |
| UNIVERSITY OF MIAMI | |||||||
| PO BOX 248026 | CORAL GABLES | FL | 33124 | NONE | 501(C)(3) | EDUCATION | $100 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,393,633 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $586,051 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $349,922 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $63,538 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $770,082 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,769,593 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,769,593 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (5 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3-11 | WHILE PROGRAMS ARE BEING DEVELOPED BY THE FOUNDATION'S DIRECTORS, |
| 3-11 | CONTRIBUTIONS ARE BEING INVESTED IN BOTH SECURITIES AND INTEREST- |
| 3-11 | BEARING ACCOUNTS. |
| 3-11 | THE TAXPAYER IS ALSO AN INVESTOR IN LIMITED PARTNERSHIPS |
| 3-11 | AS A SOURCE OF FUNDS FOR ITS CHARITABLE PURPOSES. |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES | CategoryTxt |
| Amt | $25,002 | Amt |
| Net Investment Income | $12,501 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $12,501 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | NATIONAL FINANCIAL SERVICES #2325 - CORPORATE BONDS | BondNm |
| EOY Book Value | $1,510,000 | EOYBookValueAmt |
| EOYFMV | $1,863,275 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (3 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NATIONAL FINANCIAL SERVICES #1825 - OPTIONS | $17,567 | $11,092 |
| NATIONAL FINANCIAL SERVICES #1825 - STOCK | $1,857,639 | $2,839,094 |
| NATIONAL FINANCIAL SERVICES #2325 - STOCK | $2,381,075 | $2,500,278 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,339,602 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,376,744 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (20 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 4DX VENTURES III LP | AT COST | $122,430 | $122,430 |
| ATLANTIC PARK STRATEGIC CAPITAL FUND (OFFSHORE) LP | AT COST | $539,505 | $539,505 |
| BCIM PARTNERS III LP | AT COST | $164,750 | $164,750 |
| CASDIN PRIVATE GROWTH EQUITY FUND LP | AT COST | $972,948 | $972,948 |
| CHICAGO ATLANTIC CO3 (OFFSHORE), LP | AT COST | $400,145 | $400,145 |
| CHICAGO ATLANTIC CREDIT COMPANY, LLC - LOAN RECEIVABLE | AT COST | $1,960,000 | $1,960,000 |
| CHICAGO ATLANTIC FUND OFFSHORE LP | AT COST | $737,962 | $737,962 |
| CHURCHILL REAL ESTATE FUND LP | AT COST | $528,919 | $528,919 |
| GCM GROSVENOR OHESCF LP | AT COST | $46,623 | $46,623 |
| GENERATION IM SUSTAINABLE SOLUTIONS FUND III LP SERIES B | AT COST | $916,636 | $916,636 |
| GRASS LAKE CAPITAL HDP LP | AT COST | $185,246 | $185,246 |
| GREATPOINT VENTURES INNOVATION PARALLEL FUND LP | AT COST | $321,484 | $321,484 |
| IMPACT ENGINE PRIVATE EQUITY FUND II LP | AT COST | $38,076 | $38,076 |
| KONVOY VENTURES II LP | AT COST | $714,817 | $714,817 |
| POLYCHAIN VENTURES II LP | AT COST | $470,568 | $470,568 |
| POLYCHAIN VENTURES III (PARALLEL) LP | AT COST | $217,380 | $217,380 |
| UPPER 90 FUND II LP | AT COST | $623,917 | $623,917 |
| UPPER90 ECOMMERCE OPPORTUNITIES FUND LP | AT COST | $457,719 | $457,719 |
| VINE VENTURES I-B LP | AT COST | $369,654 | $369,654 |
| ATLANTIC PARK STRATEGIC CAPITAL FUND II (OFFSHORE), LP | AT COST | $105,017 | $105,017 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (6 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE - INVESTMENT ACCOUNTS | $754 | $754 | $754 |
| DIVIDENDS RECEIVABLE - INVESTMENT ACCOUNTS | $5,600 | $45,677 | $45,677 |
| DUE FROM ATLANTIC PARK STRATEGIC CAPITAL FUND (OFFSHORE) LP | $28,810 | $28,810 | $28,810 |
| DUE FROM ATLANTIC PARK STRATEGIC CAPITAL FUND II (OFFSHORE), LP | $0 | $3,838 | $3,838 |
| DUE FROM CHICAGO ATLANTIC CO3 (OFFSHORE), LP | $0 | $1,802 | $1,802 |
| DUE FROM GRASS LAKE CAPITAL HDP, LP | $0 | $6,123 | $6,123 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN (LOSS) ON INVESTMENTS | $144,432 |
| FEDERAL TAX EXPENSE | $15,000 |
| NON DEDUCTIBLE EXPENSES FROM PASS THROUGH INVESTMENTS | $51 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (39 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OFFICE EXPENSE | $395 | $395 | $0 |
| NATIONAL FINANCIAL SERVICES #1825 - INVESTMENT ADVISORY FEES | $18,000 | $18,000 | $0 |
| NATIONAL FINANCIAL SERVICES #2317 - INVESTMENT ADVISORY FEES | $1,742 | $1,742 | $0 |
| NATIONAL FINANCIAL SERVICES #2325 - INVESTMENT ADVISORY FEES | $44,798 | $44,798 | $0 |
| NATIONAL FINANCIAL SERVICES #2333 - INVESTMENT ADVISORY FEES | $1,567 | $1,567 | $0 |
| NATIONAL FINANCIAL SERVICES #2325 - INVESTMENT INTEREST | $67 | $67 | $0 |
| RBC CAPITAL MARKETS #5383) - INVESTMENT ADVISORY FEES | $7,454 | $7,454 | $0 |
| 4DX VENTURES III, LP - INVESTMENT INTEREST | $603 | $603 | $0 |
| 4DX VENTURES III, LP - OTHER DEDUCTIONS | $17,676 | $17,676 | $0 |
| ATLANTIC PARK STRATEGIC CAPTITAL FUND (OFFSHORE), LP - OTHER DEDUCTIONS | $138 | $138 | $0 |
| ATLANTIC PARK STRATEGIC CAPITAL FUND II (OFFSHORE), LP - OTHER DEDUCTIONS | $98 | $98 | $0 |
| BCIM PARTNERS III, LP - OTHER DEDUCTIONS | $2,155 | $2,155 | $0 |
| CASDIN PRIVATE GROWTH EQUITY FUND, LP - INVESTMENT INTEREST | $360 | $360 | $0 |
| CASDIN PRIVATE GROWTH EQUITY FUND, LP - OTHER DEDUCTIONS | $12,898 | $12,898 | $0 |
| CHICAGO ATLANTIC CO3 (OFFSHORE), LP - OTHER DEDUCTIONS | $269 | $269 | $0 |
| CHICAGO ATLANTIC FUND OFFSHORE, LP - INVESTMENT INTEREST | $362 | $362 | $0 |
| CHICAGO ATLANTIC FUND OFFSHORE, LP - OTHER DEDUCTIONS | $135 | $135 | $0 |
| CHURCHILL REAL ESTATE FUND, LP - OTHER DEDUCTIONS | $17,925 | $17,925 | $0 |
| GCM GROSVENOR OHESCF, LP - INVESTMENT INTEREST | $14 | $14 | $0 |
| GCM GROSVENOR OHESCF, LP - OTHER DEDUCTIONS | $1,436 | $1,436 | $0 |
| GREATPOINT VENTURES INNOVATION PARALLEL FUND, LP - OTHER DEDUCTIONS | $2,241 | $2,241 | $0 |
| IMPACT ENGINE PRIVATE EQUITY FUND II, LP - INVESTMENT INTEREST | $427 | $427 | $0 |
| IMPACT ENGINE PRIVATE EQUITY FUND II, LP - OTHER DEDUCTIONS | $3,013 | $3,013 | $0 |
| KONVOY VENTURES II, LP - INVESTMENT INTEREST | $630 | $630 | $0 |
| KONVOY VENTURES II, LP - OTHER DEDUCTIONS | $13,650 | $13,650 | $0 |
| PB STRATEGIC PARTNERS FEEDER FUND IV, LP - INVESTMENT INTEREST | $18 | $18 | $0 |
| PB STRATEGIC PARTNERS FEEDER FUND IV, LP - OTHER DEDUCTIONS | $1,738 | $1,738 | $0 |
| POLYCHAIN VENTURES II, LP - OTHER DEDUCTIONS | $13,539 | $13,539 | $0 |
| POLYCHAIN VENTURES III (PARALLEL), LP - OTHER DEDUCTIONS | $8,374 | $8,374 | $0 |
| UPPER90 ECOMMERCE OPPORTUNITIES FUND, LP - INVESTMENT INTEREST | $741 | $741 | $0 |
| UPPER90 ECOMMERCE OPPORTUNITIES FUND, LP - OTHER DEDUCTIONS | $9,796 | $9,796 | $0 |
| UPPER90 FUND II, LP - INVESTMENT INTEREST | $3,835 | $3,835 | $0 |
| UPPER90 FUND II, LP - OTHER DEDUCTIONS | $13,697 | $13,697 | $0 |
| VINE VENTURES I-B, LP - INVESTMENT INTEREST | $438 | $438 | $0 |
| VINE VENTURES I-B, LP - OTHER DEDUCTIONS | $11,013 | $11,013 | $0 |
| CHURCHILL REAL ESTATE FUND, LP - OTHER INCOME (LOSS) | $93,644 | $93,644 | $0 |
| GCM GROSVENOR OHESCF, LP - OTHER INCOME (LOSS) | $1,153 | $1,153 | $0 |
| IMPACT ENGINE PRIVATE EQUITY FUND II, LP - OTHER INCOME (LOSS) | $899 | $899 | $0 |
| UPPER90 FUND II, LP - OTHER INCOME (LOSS) | $5,140 | $5,140 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| CHICAGO ATLANTIC CO3 (OFFSHORE), LP | $2,216 | $2,216 | $2,216 |
| GRASS LAKE CAPITAL HDP, LP | $58,626 | $58,626 | $58,626 |
| PB STRATEGIC PARTNERS FEEDER FUND IV, LP | $374 | $374 | $374 |
| POLYCHAIN VENTURES II, LP | $2,322 | $2,322 | $2,322 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TAX-EXEMPT INCOME FROM PASS THROUGH INVESTMENTS | Desc |
| Amt | $7 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (3 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| DUE TO GXH MANAGEMENT INC. | $161 | $178 |
| SEAPORT LOAN PRODUCTS LLC | $1,003,138 | $0 |
| PB STRATEGIC PARTNERS FEEDER FUND IV LP | $0 | $5,847 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NATIONAL FINANCIAL SERVICES #2325 - FOREIGN TAX PAID | $2,397 | $2,397 | $0 |
| NATIONAL FINANCIAL SERVICES #1825 - FOREIGN TAX PAID | $822 | $822 | $0 |
| PB STRATEGIC PARTNERS FEEDER FUND IV LP - FOREIGN TAX PAID | $84 | $84 | $0 |
Comments