LAVIN FAMILY FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- LAVIN FAMILY FOUNDATION (EIN 36-6106074)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-14
- IRS object ID
- 202413199349103291
- 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
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-14T13:20:00-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 366106074 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAVIN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAVI | BusinessNameControlTxt |
| Phone | 3124777600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL L BERNICK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3124777600 | PhoneNum |
| Signature | 2024-11-05 | 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 | KIMBERLY A HAUMANN | PreparerPersonNm |
| PTIN | P00546491 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2024-10-31 | 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 | $51,637,902 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $96,870 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $97,220 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $626,560 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $633,827 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $4,141,645 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,237,146 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $4,963,634 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,944,815 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $406,304 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,809,890 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,100,985 | 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 |
| Legal Fees Rev And Expnss | $1,587 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $50,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $458,400 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $458,400 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $69,650 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $11,775 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $579,637 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $470,175 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,826,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,826,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,405,637 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $470,175 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,826,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,404,253 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,630,810 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $2,176,488 | CashBOYAmt |
| Cash EOY | $4,249,571 | CashEOYAmt |
| Cash EOYFMV | $4,249,571 | CashEOYFMVAmt |
| Corporate Stock BOY | $29,152,188 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,362,311 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,141,121 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,264,514 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,264,514 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $11,933,308 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $19,789,841 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $20,982,696 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,000,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,000,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $45,261,984 | TotalAssetsBOYAmt |
| Total Assets EOY | $46,666,237 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $51,637,902 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $45,261,984 | CapitalStockBOYAmt |
| Capital Stock EOY | $46,666,237 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $45,261,984 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $46,666,237 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $45,261,984 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $46,666,237 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $45,261,984 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,404,253 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $46,666,237 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $46,666,237 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $17,417,936 | $13,273,512 | $4,144,424 | $4,144,424 | |
| COATUE | $110,105 | $110,105 | $110,105 | P | |
| ARES K-1 | $680,000 | $680,000 | $680,000 | P | |
| HARBOR SPRINGS INVESTMENT | $26,869 | $26,869 | $26,869 | P | |
| CAPITAL GAINS DIVIDENDS | $2,236 | $2,236 | $2,236 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $4,963,634 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $78,268 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $78,268 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $78,268 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $60,147 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $65,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $125,147 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,035 | EsPenaltyAmt |
| Overpayment | $45,844 | OverpaymentAmt |
| Applied To ES Tax | $45,844 | 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 | Yes (1) | 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 | N/A | WebsiteAddressTxt |
| Individual With Books | POLISHED NICKEL CAP MGMT LLC | IndividualWithBooksNm |
| Phone | 3124777600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DR STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| CAROL BERNICK | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | PRESIDENT AND TREASURER | 0.50 | $0 | $0 | $0 |
| ELIZABETH HUBER | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT AND SECRETA | 0.50 | $0 | $0 | $0 |
| KAREN S LAVIN | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| CRAIG L BERNICK | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| PETER A BERNICK | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | TREASURER | 0.50 | $0 | $0 | $0 |
| PRESTON LAVIN | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | DIRECTOR | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MERRILL LYNCH | |||||
| 1 N WACKER | CHICAGO | IL | 60606 | INVEST MGTMT FEES | $260,002 |
| ARES | |||||
| 245 PARK AVENUE | NEW YORK | NY | 10167 | INVEST MGTMT FEES | $159,685 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $46,741,753 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,324,332 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,066,085 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $50,066,085 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $750,991 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $49,315,094 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,465,755 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,465,755 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $78,268 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $78,268 | TotalTaxAmt |
| Distributable Before Adj | $2,387,487 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,387,487 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,387,487 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,826,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,826,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,387,487 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,072,637 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,857,268 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $6,170,916 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,101,795 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,121,734 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $13,324,350 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,826,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,387,487 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $2,438,513 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,762,863 | 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 | $2,072,637 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,690,226 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,857,268 | ExcessFromYear4Amt |
| Excess From Year3 | $6,170,916 | ExcessFromYear3Amt |
| Excess From Year2 | $1,101,795 | ExcessFromYear2Amt |
| Excess From Year1 | $2,121,734 | ExcessFromYear1Amt |
| Excess From Current Year | $2,438,513 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROL BERNICK | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CAROL L BERNICK | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DR SUITE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3124777603 | RecipientPhoneNum |
| Form And Info And Materials | THERE IS NO SPECIAL FORM. A LETTER REQUESTING A DONATION IS ACCEPTABLE. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO SUBMISSION DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS OR LIMITATIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (46 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ADVANCE ILLINOIS | ||||||
| 303 E WACKER DRIVE NO 500 | CHICAGO | IL | 60601 | PC | EDUCATION | $1,000 |
| AFTER SCHOOL MATTERS | ||||||
| 66 E RANDOLPH STREET | CHICAGO | IL | 60601 | PC | EDUCATION | $5,000 |
| AMERICAN RED CROSS | ||||||
| 431 18TH STREET NW | WASHINGTON | DC | 200065009 | PC | PUBLIC SAFETY/DISASTER RELIEF | $11,000 |
| BOYS & GIRLS CLUB OF CHICAGO | ||||||
| 2102 W MONROE ST | CHICAGO | IL | 60612 | PC | ANNUAL SUMMER BALL | $25,000 |
| BOYS & GIRLS CLUB OF CHICAGO | ||||||
| 2102 W MONROE ST | CHICAGO | IL | 60612 | PC | WOMEN & CHILDREN | $1,000 |
| CAST WATER SAFETY FOUNDATION | ||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | PC | CAST | $150,000 |
| CAST WATER SAFETY FOUNDATION | ||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | PC | CAST | $150,000 |
| CENTER FOR HUMANE TECHNOLOGY | ||||||
| 77 VAN NESS AVE STE 101-1601 | SAN FRANCISCO | CA | 94102 | PC | SCIENCE & TECHNOLOGY | $1,000,000 |
| CHICAGO BOTANIC GARDEN | ||||||
| 1000 LAKE COOK ROAD | GLENCOE | IL | 60022 | PC | ENVIRONMENT | $5,000 |
| CHICAGO FIRE DEPARTMENT FOUNDATION | ||||||
| 35 W WACKER DRIVE | CHICAGO | IL | 60601 | PC | GENERAL FUND/ PUBLIC SAFETY/DISASTER RELIEF | $3,000 |
| CHICAGO HISTORICAL SOCIETY | ||||||
| 1601 N CLARK STREET | CHICAGO | IL | 60614 | PC | GENERAL FUND: ARTS | $10,000 |
| CHICAGO HOPE ACADEMY | ||||||
| 2189 W BOWLER ST | CHICAGO | IL | 60612 | PC | EDUCATION | $70,000 |
| CHICAGO PUBLIC LIBRARY FOUNDATION | ||||||
| 200 W MADISON AVE 3RD FL | CHICAGO | IL | 60606 | PC | EDUCATION | $2,000 |
| CHICAGO YOUTH SYMPHONY ORCHESTRAS | ||||||
| 410 S MICHIGAN AVE STE 833 | CHICAGO | IL | 60605 | PC | ARTS | $2,500 |
| CITY YEAR CHICAGO | ||||||
| 287 COLUMBUS AVENUE | BOSTON | MA | 021165114 | PC | GENERAL FUND: EDUCATION | $10,000 |
| DIGESTIVE HEALTH FOUNDATION | ||||||
| 541 N FAIRBANKS COURT SUITE 800 | CHICAGO | IL | 60611 | PC | GENERAL FUND: HEALTH | $5,000 |
| ENCHANTED BACKPACK | ||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | POF | ENCHANTED BACKPACK | $250,000 |
| ENCHANTED BACKPACK | ||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | POF | ENCHANTED BACKPACK | $350,000 |
| ENCHANTED BACKPACK | ||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | POF | ENCHANTED BACKPACK | $350,000 |
| FLORIDA GULF COAST UNIVERSITY | ||||||
| 10501 FGCU BOULEVARD SOUTH | FORT MYERS | FL | 339656565 | PC | GENERAL FUND | $5,000 |
| GENESYS WORKS CHICAGO | ||||||
| 1880 S DAIRY ASHFORD NO 300 | HOUSTON | TX | 77077 | PC | EDUCATION | $10,000 |
| HELP AGENCY OF THE FOREST INC | ||||||
| 19186 NE 13TH ST | SILVER SPGS | FL | 34488 | PC | COMMUNITY | $20,000 |
| HHPLIFT | ||||||
| 329 W 18TH STREET SUITE 714 | CHICAGO | IL | 60616 | PC | GENERAL FUND | $5,000 |
| INGENUITY | ||||||
| 440 N WELLS NO 505 | CHICAGO | IL | 60654 | PC | GENERAL FUND | $5,000 |
| JEWISH UNITED FUND | ||||||
| 30 SOUTH WELLS | CHICAGO | IL | 60606 | PC | GENERAL FUND | $500,000 |
| JUNIOR ACHIEVEMENT OF CHICAGO | ||||||
| 651 W WASHINGTON BLVD SUITE 404 | CHICAGO | IL | 60661 | PC | EDUCATION | $50,000 |
| JUNIOR ACHIEVEMENT OF CHICAGO | ||||||
| 651 W WASHINGTON BLVD SUITE 404 | CHICAGO | IL | 60661 | PC | EDUCATION | $10,000 |
| JUNIOR ACHIEVEMENT OF CHICAGO | ||||||
| 651 W WASHINGTON BLVD SUITE 404 | CHICAGO | IL | 60661 | PC | EDUCATION | $10,000 |
| LINCOLN ACADEMY OF ILLINOIS | ||||||
| ONE OLD STATE CAPITAL PLAZA | SPRINGFIELD | IL | 62701 | PC | GENERAL FUND | $5,000 |
| MARINE CORP SCHOLARSHIP | ||||||
| 909 N WASHINGTON STREET NO 400 | ALEXANDRIA | VA | 22314 | PC | MILITARY/VETERANS | $5,000 |
| METROPOLITAN PLANNING COUNCIL | ||||||
| 140 S DEARBORN ST NO 1400 | CHICAGO | IL | 60603 | PC | COMMUNITY | $15,000 |
| MILLENNIUM PARK FOUNDATION | ||||||
| 201 EAST RANDOLPH | CHICAGO | IL | 60606 | PC | GENERAL FUND | $5,000 |
| NAVY SEAL FOUNDATION | ||||||
| 1619 D STREET BLDG 5326 | VIRGINIA BEACH | VA | 23459 | PC | MILITARY/VETERANS | $10,000 |
| NORTHWESTERN MEMORIAL FOUNDATION | ||||||
| 541 N FAIRBANKS CT RM 1630 | CHICAGO | IL | 60611 | PC | PLEDGE PAYMENT 1 OF 7 (NM PHYSICIAN & EMPLOYEE WELLNESS FUND) | $750,000 |
| PROVIDENCE ST MEL SCHOOL | ||||||
| 119 SOUTH CENTRAL PARK BLVD | CHICAGO | IL | 60624 | PC | ANNUAL LEADERSHIP GIFT | $7,500 |
| SGI (SOKA GAKKAI INTERNATIONAL-USA) | ||||||
| 606 WILSHIRE BLVD | SANTA MONICA | CA | 90401 | PC | GENERAL FUND | $40,000 |
| SHIRLEY RYAN ABILITYLAB | ||||||
| 335 EAST ERIE STREET | CHICAGO | IL | 60611 | PC | SPARK! 2022 | $25,000 |
| TULANE UNIVERSITY | ||||||
| 6823 ST CHARLES AVENUE | NEW ORLEANS | LA | 70118 | PC | GENERAL FUND | $250,000 |
| TULANE UNIVERSITY | ||||||
| 6823 ST CHARLES AVENUE | NEW ORLEANS | LA | 70118 | PC | PLEDGE #: 959823 | $13,000 |
| TULANE UNIVERSITY | ||||||
| 6823 ST CHARLES AVE | NEW ORLEANS | LA | 70118 | PC | EDUCATION | $500,000 |
| UCAN | ||||||
| 3605 W FILMORE ST | CHICAGO | IL | 60624 | PC | GENERAL FUND:WOMEN & CHILDREN | $5,000 |
| USA CARES INC | ||||||
| 11760 COMMONWEALTH DRIVE | LOUISVILLE | KY | 40299 | PC | MILITARY/VETERANS | $5,000 |
| WINGSSWEET HOME CHICAGO | ||||||
| PO BOX 95615 | PALATINE | IL | 60095 | PC | WOMEN & CHILDREN | $15,000 |
| WORLD CENTRAL KITCHEN | ||||||
| 1342 FLORIDA AVENUE NW | WASHINGTON | DC | 20009 | PC | GENERAL FUND: FOOD | $20,000 |
| WORLD CENTRAL KITCHEN | ||||||
| 1342 FLORIDA AVENUE NW | WASHINGTON | DC | 20009 | PC | FOOD | $40,000 |
| YOUTH HAVEN | ||||||
| 5867 WHITAKER RD | NAPLES | FL | 34112 | PC | WOMEN & CHILDREN | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,826,000 | 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 | $96,870 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $626,560 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,943,872 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $4,141,645 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $943 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,809,890 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,809,890 | TotalIncomeProducingActyAmt |
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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $50,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt |
|---|---|---|---|---|---|---|---|---|---|---|
| CAST WATER SAFETY FOUNDATION | ||||||||||
| 155 N WACKER DR | CHICAGO | IL | 60016 | 2023-01-01 | $300,000 | REDISTRIBUTION OF FUNDS FOR STUDENT INSTRUCTION GRANTS AND INSTRUCTOR TRAINING GRANTS; AWARENESS, EDUCATION & RESEARCH PROGRAM GRANTS; ACQUIRE ASSETS; AND THE REMAINING FOR GENERAL ACTIVE CHARITABLE ACTIVITIES OF THE FOUNDATION. | $300,000 | NONE | 10/10/24 | 2024-10-10 |
| ENCHANTED BACKPACK | ||||||||||
| 155 N WACKER DR | CHICAGO | IL | 60016 | 2023-01-01 | $950,000 | REDISTRIBUION OF FUNDS TO VARIOUS SCHOOLS FOR SUPPLIES AND OTHER EDUCATIONAL ITEMS, REMAINING FOR GENERAL EXPENSES OF THE FOUNDATION | $950,000 | NONE | 2024-10-22 | |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $1,264,514 | EOYBookValueAmt |
| EOYFMV | $1,264,514 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | CORPORATE STOCK | StockNm |
| EOY Book Value | $19,362,311 | EOYBookValueAmt |
| EOYFMV | $23,141,121 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALTERNATIVE INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $19,789,841 | BookValueAmt |
| EOYFMV | $20,982,696 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $1,587 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRI - CALVERT NOTE | Desc |
| BOY Book Value | $2,000,000 | BOYBookValueAmt |
| EOY Book Value | $2,000,000 | EOYBookValueAmt |
| EOYFMV | $2,000,000 | EOYFMVAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ARES | $1,047,937 | $0 | $1,047,937 |
| BROOKFIELD | $405,100 | ||
| COATUE | $652,030 | $261 | $652,030 |
| HARBOR SPRINGS | $243,905 | $0 | $243,905 |
| CLASS ACTION INCOME | $943 | $943 | $943 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $458,400 | Amt |
| Net Investment Income | $458,400 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $11,775 | $11,775 | $0 |
| FEDERAL TAXES | $57,860 | $0 | $0 |
| STATE CHARITABLE FEE | $15 | $0 | $0 |
Comments