2024-11-15T00:02:02-06:00 2023-12-31 991856619 GRANT THORNTON ADVISORS LLC 2501 E ENTERPRISE AVE SUITE 300 APPLETON WI 54913 990 2023-01-01 201030638 MATHER FOUNDATION MATH 8474927500 1560 SHERMAN AVENUE 1010 EVANSTON IL 60201 MARY SCHOEGGL CHIEF FINANCIAL OFFICER 8474927500 2024-11-15 1 1 KELCEY LEITL P01584977 9209686700 2023 2024-10-15 13:58:12Z MARY SCHOEGGL 1560 SHERMAN AVENUE 1010 EVANSTON IL 60201 113075407 0 X WWW.MATHER.COM X 2004 IL MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR MATHER ORGANIZATIONS (CONTINUED ON SCHEDULE O) TO HOLD, INVEST AND PRESERVE FUNDS, AND APPLY THEM FOR THE CHARITABLEMISSION OF CREATING WAYS TO AGE WELL. 13 12 0 12 -555532 0 21946383 18859464 0 0 23767746 25294279 0 0 45714129 44153743 17766960 17292429 0 0 0 0 0 0 0 7405328 6982281 25172288 24274710 20541841 19879033 667352452 733657489 101843004 105249634 565509448 628407855 X MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR THE MATHERORGANIZATIONS TO HOLD, INVEST AND PRESERVE FUNDS, WHICH ALLOWS THEORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE, COMMUNITY PROGRAMS,RESEARCH AND EDUCATION AND OTHER SERVICES (CONTINUED IN SCHEDULE O)THAT ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL. 0 0 17292429 17292429 MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR THE MATHERORGANIZATIONS TO HOLD, INVEST AND PRESERVE FUNDS, WHICH ALLOWS THEORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE, COMMUNITY PROGRAMS,RESEARCH AND EDUCATION AND OTHER SERVICES THAT ENHANCE THE LIVES OFOLDER ADULTS BY CREATING WAYS TO AGE WELL. 17292429 1 1 0 0 0 0 0 0 0 0 0 1 0 1 1 1 1 1 0 0 1 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 X 13 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X MARY SCHOEGGL 8474926760 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 MARY G LEARY PRESIDENT & CEO 10.00 50.40 X X 0 2347083 184522 JOHN R PHILLIPS CHAIRMAN 4.00 0.50 X 0 0 0 GRAHAM W ATKINSON DIRECTOR 2.00 0.00 X 0 0 0 TIMOTHY L BURKE DIRECTOR 2.00 0.00 X 0 0 0 GLORIA CASTILLO DIRECTOR 2.00 0.00 X 0 0 0 JENNY CHAN DIRECTOR 2.00 0.10 X 0 0 0 JACK CHANDLER DIRECTOR - AS OF 02/2023 2.00 0.00 X 0 0 0 MICHELLE L COLLINS DIRECTOR 2.00 0.00 X 0 0 0 PAULETTE R DODSON DIRECTOR 2.00 0.00 X 0 0 0 MICHAEL G MCGEE DIRECTOR 2.00 0.00 X 0 0 0 SUMATI MURLI DIRECTOR 2.00 0.00 X 0 0 0 SCOTT C SMITH DIRECTOR 2.00 0.10 X 0 0 0 TERENCE J TOTH DIRECTOR 2.00 0.20 X 0 0 0 CAROL L SUSSENBACH CFO - THRU 04/2023 15.00 35.40 X 0 817872 41432 CHRISTOPHER MANELLA SVP FINANCE & TREASURER 2.00 48.40 X 0 426583 58483 JULIE RIGGS SECRETARY 5.00 45.00 X 0 216965 50115 MARY SCHOEGGL CFO - AS OF 10/2023 15.00 35.40 X 0 87225 3166 0 3895728 337718 0 0 1 0 MERCER INVESTMENT MANAGEMENT 99 HIGH STREET BOSTON MA 02110 INVESTMENT CONSULTANT 538321 SILCHESTER 780 THIRD AVENUE 42ND FLOOR NEW YORK NY 10017 FUND MANAGER 360234 NORTHERN TRUST 50 S LASALLE STREET CHICAGO IL 60675 INVESTMENT MANAGER 205603 ARISTOTLE CAPITAL MANAGEMENT LLC 11100 SANTA MONICA BLVD LOS ANGELES CA 90025 FUND MANAGER 193584 WILLIAM BLAIR COMPANY 150 NORTH RIVERSIDE CHICAGO IL 60606 FUND MANAGER 165259 5 18859464 18859464 16080471 -728581 16809052 78135472 68921664 9213808 9213808 173049 9040759 44153743 0 -555532 25849811 17292429 17292429 3304042 3304042 35500 35500 2820841 2820841 CORPORATE SERVICES 700763 700763 UBI TAXES 121135 121135 24274710 17292429 6982281 0 14245047 7701831 88096822 90064454 2250 2250 0 0 0 0 258794437 294154048 264721172 283642784 41492724 58092122 667352452 733657489 726817 877606 0 0 98723888 98869729 2392299 5502299 101843004 105249634 X 527743569 582804949 37765879 45602906 565509448 628407855 667352452 733657489 19879033 43019374 0 X 0 1 X 1 0 X X 4 THE MATHER EVANSTON 205860808 10 1 0 0 MATHER PLACE 363776145 10 1 0 0 MATHER INVESTMENTS NFP 364266878 10 1 0 0 MATHER POSSIBILITIES 362856851 7 1 0 0 4 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 X 1 1 FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 3 SIGNIFICANT VOICE IN INVESTMENT POLICIES SOME OF THE DIRECTORS AND OFFICERS OF EACH SUPPORTED ORGANIZATION ALSO SERVE ON THE BOARD OR ARE OFFICERS OF MATHER FOUNDATION. THEREFORE, EACH SUPPORTED ORGANIZATION HAS A VOICE IN MATHER FOUNDATION'S INVESTMENT POLICIES AND THE USE OF INCOME OR ASSETS. FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 3A POWER TO APPOINT OR ELECT OFFICERS, DIRECTORS, OR TRUSTEES MATHER FOUNDATION IS THE PARENT AND SOLE MEMBER OF MATHER. MATHER IS THE PARENT AND SOLE MEMBER OF THE SUPPORTING ORGANIZATIONS INCLUDING THE MATHER EVANSTON, MATHER PLACE, MATHER INVESTMENTS, NFP, AND MATHER POSSIBILITIES. EACH PARENT ELECTS AND REMOVES THE DIRECTORS OF ITS CONTROLLED ENTITIES. FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 3B SUBSTANTIAL DEGREE OF DIRECTION MATHER FOUNDATION, AS THE PARENT OF MATHER WHICH IS THE PARENT OF THE SUPPORTED ORGANIZATIONS, HAS THE RIGHT TO APPROVE MAJOR DECISIONS OF ITS SUPPORTED ORGANIZATIONS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 0 0 0 0 VENTURE CAPITAL 180658798 F HEDGE FUNDS 59083455 F REAL ESTATE 43900531 F 283642784 BENEFICIAL INTEREST - PERPETUAL TRUST 45602906 INTEREST RECEIVABLE 12489216 58092122 MATHER INVESTMENTS - INTER-ENTITY LOAN 5502299 5502299 X 78735971 43019374 43019374 35716597 3304042 5133104 8437146 44153743 15837564 0 15837564 3304042 5133104 8437146 24274710 PART X, LINE 2: LIABILITY FOR UNCERTAIN TAX POSITIONS MATHER FOUNDATION HAS RECEIVED A FAVORABLE DETERMINATION LETTER FROM THE INTERNAL REVENUE SERVICE STATING THAT IT IS EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ISSUED GUIDANCE THAT REQUIRES TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE FINANCIAL STATEMENTS. ADDITIONALLY, NO PROVISION FOR INCOME TAXES IS REFLECTED IN THESE CONSOLIDATED FINANCIAL STATEMENTS. MATHER FOUNDATION FILES TAX RETURNS IN CERTAIN STATES; HOWEVER, IT DOES NOT FILE IN EVERY STATE. FOR ALL STATES WHERE MATHER FOUNDATION HAS NOT FILED A STATE RETURN, ALL TAX YEARS REMAIN OPEN. PART XI, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE: TIMING DIFFERENCE 5,133,104. PART XII, LINE 4B - OTHER ADJUSTMENTS: BOOK/TAX DIFFERENCE: TIMING DIFFERENCE 5,133,104. CENTRAL AMERICA AND THE CARIBBEAN 0 0 INVESTMENTS 115814261 EUROPE (INCLUDING ICELAND & GREENLAND) 0 0 INVESTMENTS 2609349 0 0 0 0 0 0 118423610 0 118423610 1 0 1 1 1 0 1 MATHER 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 362233542 501(C)(3) 17292429 0 MISSION DRIVEN PROGRAMS 1 PART I, LINE 2: PROCEDURE FOR MONITORING USE OF GRANT FUNDS INSIDE U.S. SUPERVISION THROUGH PARENT ORGANIZATION'S ROLE. 0 1 0 0 0 0 0 0 0 MARY G LEARY PRESIDENT & CEO 0 785043 0 1537750 0 24290 0 147826 0 36696 0 2531605 0 976438 CAROL L SUSSENBACH CFO - THRU 04/2023 0 156207 0 544049 0 117616 0 23100 0 18332 0 859304 0 519611 CHRISTOPHER MANELLA SVP FINANCE & TREASURER 0 252781 0 166174 0 7628 0 23100 0 35383 0 485066 0 67545 JULIE RIGGS SECRETARY 0 166179 0 43233 0 7553 0 15467 0 34648 0 267080 0 0 PART I, LINE 3: MATHER FOUNDATION'S TOP MANAGEMENT'S COMPENSATION IS ESTABLISHED BY MATHER, AS THE COMPENSATION IS PAID BY MATHER (A RELATED ORGANIZATION). MATHER FOLLOWS PROCEDURES TO ESTABLISH THE "REBUTTABLE" PRESUMPTION OF REASONABLENESS DESCRIBED IN THE INCOME TAX REGULATIONS IN DETERMINING EXECUTIVE COMPENSATION. COMPENSATION IS REVIEWED ANNUALLY BY THE BOARD'S COMPENSATION COMMITTEE, WHICH CONSISTS OF INDEPENDENT DIRECTORS WHO OBTAIN AND RELY ON APPROPRIATE DATA AS TO COMPARABILITY. OBJECTIVE EVIDENCE OF REASONABLENESS AND COMPARABILITY IS OBTAINED FROM INFORMATION PROVIDED BY AN INDEPENDENT, THIRD PARTY COMPENSATION CONSULTANT. DETERMINATION OF EXECUTIVE COMPENSATION INVOLVES BENCHMARKING WITH COMPARATIVE MARKET COMPENSATION DATA TO ENSURE THAT COMPENSATION IS FAIR, EQUITABLE, AND WITHIN THE STANDARDS OF COMPENSATION UTILIZED WITHIN THE INDUSTRY. COMPENSATION DECISIONS ARE DOCUMENTED AND REVIEWED WITH THE FULL BOARD. PART I, LINE 4B: SUPPLEMENTAL NONQUALIFIED RETIREMENT PLAN MARY G. LEARY AND CAROL SUSSENBACH ARE PARTICIPANTS IN MATHER'S 457(F) PLANS. AS OF 2021, THE PLAN IS FROZEN AND NO LONGER ACCEPTING CONTRIBUTIONS. CAROL SUSSENBACH RECEIVED COMPENSATION FROM THE PLAN IN 2023. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 REVIEW PROCESS THE FORM 990, AND RELATED SCHEDULES, WERE PREPARED BY GRANT THORNTON ADVISORS LLC USING INFORMATION PROVIDED BY MANAGEMENT. THE FORM 990, INCLUDING SCHEDULES, WAS DISTRIBUTED TO THE MEMBERS OF THE MATHER FOUNDATION AUDIT COMMITTEE OF THE BOARD OF DIRECTORS. THE COMMITTEE MET WITH MANAGEMENT AND REVIEWED THE FORM 990. SUBSEQUENTLY, THE FORM 990 WAS DISTRIBUTED TO EACH DIRECTOR OF MATHER FOUNDATION. ALL COMMENTS AND QUESTIONS WERE DIRECTED TO THE ORGANIZATION'S CHIEF FINANCIAL OFFICER. FORM 990, PART VI, SECTION B, LINE 12C CONFLICT OF INTEREST POLICY MONITORING & ENFORCEMENT ANNUALLY ALL BOARD MEMBERS, OFFICERS AND SENIOR STAFF MUST DISCLOSE ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. ANY ACTUAL, POTENTIAL, OR APPARENT CONFLICTS ARE REFERRED TO THE CEO AND PRESIDENT, THE BOARD CHAIR, AND CHAIR OF THE GOVERNANCE COMMITTEE, WHO TAKE APPROPRIATE ACTION, INCLUDING DISCUSSING WITH THE FULL BOARD, WHEN NECESSARY. FORM 990, PART VI, SECTION B, LINE 15 PROCESS FOR DETERMINING COMPENSATION ALL COMPENSATION FOR OFFICERS/DIRECTORS/KEY EMPLOYEES IS PAID BY A RELATED ORGANIZATION, MATHER. MATHER FOUNDATION RELIED ON MATHER TO REVIEW THIS INFORMATION FOR ALL COMPENSATION PAID. FORM 990, PART VI, SECTION C, LINE 19 HOW DOCUMENTS ARE MADE AVAILABLE TO THE PUBLIC THE ORGANIZATION'S ARTICLES OF INCORPORATION, BYLAWS, CONFLICT OF INTEREST POLICY, AND AUDITED FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST. MATHER 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 362233542 OLDER ADULT IL 501(C)(3) LINE 12C, III-FI MATHER FDN 1 MATHER PLACE 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 363776145 SENIOR LIVING IL 501(C)(3) LINE 10 MATHER 1 MATHER INVESTMENTS NFP 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 364266878 SENIOR LIVING IL 501(C)(3) LINE 10 MATHER 1 MATHER POSSIBILITIES 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 362856851 OLDER ADULT IL 501(C)(3) LINE 7 MATHER 1 THE MATHER EVANSTON 1560 SHERMAN AVENUE SUITE 1010 EVANSTON IL 60201 205860808 SENIOR LIVING IL 501(C)(3) LINE 10 MATHER 1 ALONZO MATHER FOUNDATION 727 NORTH BANK LANE LAKE FOREST IL 60045 366015440 GRANTS IL 501(C)(3) PF N/A 0 ALONZO CLARK MATHER TRUST 231 S LASALLE ST CHICAGO IL 60697 366010112 GRANTS IL 501(C)(3) PF N/A 0 0 1 1 1 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 MATHER B 17292429 COST THE MATHER EVANSTON C 11500000 COST MATHER INVESTMENTS C 5133104 COST MATHER D 20064454 COST MATHER INVESTMENTS E 5502299 COST MATHER P 700763 COST MATHER P 4004805 COST