SCHIFF FOUNDATION INCORPORATED: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SCHIFF FOUNDATION INCORPORATED (EIN 36-3485274)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-07
- IRS object ID
- 202433129349100138
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-07T08:32:11-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 364238777 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN SPECTOR LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S Wacker Drive Suite 2325 | 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 | 363485274 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHIFF FOUNDATION INCORPORATED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHI | BusinessNameControlTxt |
| Phone | 3123579400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 REVERE DRIVE | AddressLine1Txt |
| City | NORTHBROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60062 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVEN D SPECTOR | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3123579400 | PhoneNum |
| Signature | 2024-10-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven D Spector | PreparerPersonNm |
| PTIN | P00963651 | PTIN |
| Phone | 3123579400 | PhoneNum |
| Preparation | 2024-11-07 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $11,201,879 | 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 | $20,000 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $18,475 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $18,475 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $281,601 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $281,601 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $35,973 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $960,847 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $35,973 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $11,514 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $12,734 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $367,563 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $348,783 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $29,247 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $29,247 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $29,247 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $74,517 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $74,517 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $74,517 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $16,774 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,074 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $2,435 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $2,435 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,435 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $125 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $125 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $123,098 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $113,273 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $106,324 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,146,667 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,146,667 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,269,765 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $113,273 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,252,991 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$902,202 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $235,510 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $24,011 | CashBOYAmt |
| Cash EOY | $17,404 | CashEOYAmt |
| Cash EOYFMV | $17,404 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $155,797 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $173,410 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $173,410 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $10,917 | AcctRcvblAmt |
| Acct Rcvbl BOY | $11,954 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $10,917 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $11,457 | AcctRcvblEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $4,126,793 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,953,303 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,416,500 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,636,749 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $885,365 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $846,779 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $611,941 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $611,941 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $723,626 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $12,703 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $12,703 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $6,567,245 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,665,043 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $11,201,879 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $6,567,245 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,665,043 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,567,245 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,665,043 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,567,245 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,665,043 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,567,245 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$902,202 | ExcessRevenueOverExpensesAmt |
| Subtotal | $5,665,043 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,665,043 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | NT ACCT 9499, SEE ATTACHED G/L DETAIL | PropertyDesc |
| How Acquired | D | HowAcquiredCd |
| Acquired | 2022-01-01 | AcquiredDt |
| Sold | 2023-12-31 | SoldDt |
| Gross Sales Price | $960,847 | GrossSalesPriceAmt |
| Depreciation | $0 | DepreciationAmt |
| Cost Or Other Basis | $924,874 | CostOrOtherBasisAmt |
| Gain Or Loss | $35,973 | GainOrLossAmt |
| FMV As Of123169 | $0 | FMVAsOf123169Amt |
| Adjusted Basis As Of123169 | $0 | AdjustedBasisAsOf123169Amt |
| Excess FMV Over Adjusted Bss | $0 | ExcessFMVOverAdjustedBssAmt |
| Gains Minus Excess Or Losses | $35,973 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $35,973 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $3,274 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,274 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,274 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $4,706 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $5,500 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $10,206 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$10,206 | OriginalReturnOverpaymentAmt |
| Overpayment | $6,932 | OverpaymentAmt |
| Applied To ES Tax | $6,932 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN SPECTOR LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123579400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5 REVERE DRIVE STE 430 | AddressLine1Txt |
| City | NORTHBROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 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 |
|---|---|---|---|---|---|---|---|---|
| MARGOT LEVIN | ||||||||
| 5 Revere Drive 430 | Northbrook | IL | 60062 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| LESLIE ANN SCHIFF | ||||||||
| 5 Revere Drive 430 | Northbrook | IL | 60062 | SECRETARY/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID SCHIFF | ||||||||
| 5 Revere Drive 430 | Northbrook | IL | 60062 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEVEN SPECTOR | ||||||||
| 5 Revere Drive 430 | Northbrook | IL | 60062 | TREASURER | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH LASALLE STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60675 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $74,517 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $11,003,198 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $342,564 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $3,033 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,348,795 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $11,348,795 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $170,232 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,178,563 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $558,928 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $558,928 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,274 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,274 | TotalTaxAmt |
| Distributable Before Adj | $555,654 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $555,654 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $555,654 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,252,991 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $1,252,991 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $555,654 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $41,446 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $669,685 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $711,131 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,252,991 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $555,654 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $697,337 | RemainingDistriFromCorpusAmt |
| Total Corpus | $1,408,468 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,408,468 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $41,446 | ExcessFromYear2Amt |
| Excess From Year1 | $669,685 | ExcessFromYear1Amt |
| Excess From Current Year | $697,337 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| UNIVOF VIRGINIA | ||||||
| PO Box 800773 | CHARLOTTESVILLE | VA | 229080773 | 501 (C) 3 | RESTRICTED GIFTTO FUNDNEURO-ONCOLOGY | $666,667 |
| ART INSTITUTE OF CHICAGO | ||||||
| 111 S MICHIGAN AVE | CHICAGO | IL | 60603 | 501 (C) 3 | GENERAL SUPPORT | $125,000 |
| MAZON A JEWISH RESPONSE TO HUNGER | ||||||
| 1101 14TH STREET NW SUITE 930 | WASHINGTON | DC | 20005 | 501 (C) 3 | GENERAL SUPPORT | $50,000 |
| MERCY HOUSING LAKE FRONT | ||||||
| 120 S LASALLE STREET SUITE 1850 | CHICAGO | IL | 60603 | 501 (C) 3 | RESOURCE DEVELOPMENT | $75,000 |
| Planned Parenthood Federation of America | ||||||
| 123 William Street | New York | NY | 10038 | 501 (C) 3 | GENERAL SUPPORT | $125,000 |
| Organization for Autism Research | ||||||
| 2000 N 14-th Street Suite 240 | Arlington | VA | 22201 | 501 (C) 3 | GENERAL SUPPORT | $0 |
| American Parkinson's Disease Association | ||||||
| 135 Parkinson Ave | Staten Island | NY | 10305 | 501 (C) 3 | GENERAL SUPPORT | $0 |
| Rush University Medical Center | ||||||
| 1725 W Harrison Str Ste 755 | Chicago | IL | 60612 | 501 (C) 3 | GENERAL SUPPORT | $0 |
| IMMIGRANT LAW CENTER OF MN | ||||||
| 450 N SYNDICATE STR STE 200 | ST PUAL | MN | 55104 | 501 (C) 3 | GENERAL SUPPORT | $75,000 |
| THE ADVOCATES FOR HUMAN RIGHTS | ||||||
| 330 2ND AVE SOUTH STE 800 | MINNEAPOLIS | MN | 55401 | 501 (C) 3 | GENERAL SUPPORT | $0 |
| Blue Ridge Intl Ophtalmology DBA IRIS | ||||||
| 626 BERKMAR CIRCLE | CHARLOTTESVILLE | VA | 22901 | 501 (C) 3 | GENERAL SUPPORT | $10,000 |
| PARTNERS IN HEALTH | ||||||
| 800 BOYLSTON STREET SUITE 300 | BOSTON | MA | 021998190 | 501 (C) 3 | GENERAL SUPPORT | $0 |
| SOUTHERN ENVIRONMENTAL LAW CENTER | ||||||
| 201 W MAIN STR STE 14 | CHARLOTTESVILLE | VA | 22902 | 501 (C) 3 | GENERAL SUPPORT | $0 |
| ALL BLESSINGS FLOW | ||||||
| 2335 SEMINOLE LN STE 2000 BOX 3 | CHARLOTTESVILLE | VA | 22901 | 501 (C) 3 | GENERAL SUPPORT | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,146,667 | TotalGrantOrContriPdDurYrAmt |
Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | UNIVERSITY OF VA | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO Box 800773 | AddressLine1Txt |
| City | CHARLOTTESVILLE | CityNm |
| State Abbreviation | VA | StateAbbreviationCd |
| ZIP | 22908 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | 501(C)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | RESTRICTED GIFTTO FUND | GrantOrContributionPurposeTxt |
| Amt | $666,666 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Apprv Fut | $666,666 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $18,475 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 3 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $281,601 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 3 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $35,973 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 3 | ExclusionCd |
| Exclusion | $35,973 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $336,049 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $35,973 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $372,022 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | 3, 4 A | LineNumberTxt |
| Relationship Statement | INCOME PROVIDES ADDITIONAL FUNDS FOR EXEMPT PURPOSES. | RelationshipStatementTxt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Asset | NORTHERN TRUST ACCT 9499 | AssetDesc |
| How Acquired | Donated | HowAcquiredTxt |
Purchaser Name PurchaserNameGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SEE ATTACHED GAINLOSS DETAIL | PersonNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Price | $960,847 | GrossSalesPriceAmt |
| Basis | $924,874 | BasisAmt |
| Total Net | $35,973 | TotalNetAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | ACCOUNT 23-09499 FIXED INCOME SECURITIES | BondNm |
| EOY Book Value | $885,365 | EOYBookValueAmt |
| EOYFMV | $846,779 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | ACCOUNT 23-09499 EQUITY SECURITIES | StockNm |
| EOY Book Value | $3,953,303 | EOYBookValueAmt |
| EOYFMV | $9,416,500 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ACCOUNT 23-09499 COMMODITIES | $421,590 | $513,636 |
| ACCOUNT 23-09499 REAL ESTATE | $190,351 | $209,990 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HAROLD SCHIFF TRUST (K-1) | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $12,703 | EOYBookValueAmt |
| EOYFMV | $12,703 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Misc. adjustment | Desc |
| Amt | $0 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | FILING FEE | Desc |
| Revenue And Expenses Per Books | $125 | RevenueAndExpensesPerBooksAmt |
| Disbursements Charitable Prps | $125 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Other Income | $31 | $31 |
| BOOKS TO 1099 TIE OUT | -$1,036 | |
| K-1 (HAROLD SCHIFF TRUST) | $12,703 | $12,703 |
| MISC. ADJ. | -$184 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| INV. ACC. 23-09499 MGMT FEES | $28,278 |
| INV. ACC. 23-09499 AGENCY FEES | $0 |
| INV. ACC. 23-09499 MISC. EXPENSE | $46,239 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX WITHHELD ACC. 23-09499 | $7,074 | $7,074 |
| EXCISE TAX ON INV INC | $9,700 |
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