BENCK FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
BENCK FAMILY FOUNDATION (EIN 82-3503103)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-02-15
IRS object ID
202300469349100025
Schema version
2022v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-02-15T11:17:56-05:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN852555361PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HANSEN PLAHM & COMPANYBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line18180 S CASS AVEAddressLine1Txt
CityDARIENCityNm
State AbbreviationILStateAbbreviationCd
ZIP605615013ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN823503103EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BENCK FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBENCBusinessNameControlTxt
Phone6309688897PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 S FOREST AVENUEAddressLine1Txt
CityNAPERVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP60540ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDIANE BENCKPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone6309688897PhoneNum
Signature2023-02-11SignatureDt

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDIANEPersonFirstNm
Person LastBENCKPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrfalseIRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonCHRIS STEIN CPAPreparerPersonNm
PTINP01241273PTIN
Phone6309688897PhoneNum
Preparation2023-02-14PreparationDt
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-03-07 01:45:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$6,157,816FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$139,407DividendsRevAndExpnssAmt
Dividends Net Invst Incm$139,407DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss-$577,816NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$2,295,966GrossSalesPriceAmt
Total Rev And Expnss-$438,409TotalRevAndExpnssAmt
Total Net Invst Incm$139,407TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$274LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$274LegalFeesNetInvstIncmAmt
Taxes Rev And Expnss$30,868TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss$33,204OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$33,204OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$64,346TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$33,478TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$275,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$275,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$339,346TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$33,478TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$275,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$777,755ExcessRevenueOverExpensesAmt
Net Investment Income$105,929NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$32,725CashBOYAmt
Cash EOY$41,543CashEOYAmt
Cash EOYFMV$41,543CashEOYFMVAmt
Sav And Temp Cash Invst BOY$343,655SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$665,074SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$665,074SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$6,101,368CorporateStockBOYAmt
Corporate Stock EOY$4,993,376CorporateStockEOYAmt
Corporate Stock EOYFMV$5,451,199CorporateStockEOYFMVAmt
Total Assets BOY$6,477,748TotalAssetsBOYAmt
Total Assets EOY$5,699,993TotalAssetsEOYAmt
Total Assets EOYFMV$6,157,816TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$6,477,748NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$5,699,993NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$6,477,748TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$5,699,993TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$6,477,748TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$5,699,993TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$6,477,748TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$777,755ExcessRevenueOverExpensesAmt
Subtotal$5,699,993SubtotalAmt
Tot Net Ast Or Fund Balances EOY$5,699,993TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
PUBLICLY TRADED SECURITIESP$35,209$72,030-$36,821-$36,821
PUBLICLY TRADED SECURITIESP$2,260,757$2,801,752-$540,995-$540,995
FieldValueIRS element (for citing)
Capital Gain Net Income-$577,816CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$1,472InvestmentIncomeExciseTaxAmt
Subtotal$1,472SubtotalAmt
Tax Based On Investment Income$1,472TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$18,300EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$18,300TotalPaymentsAndCreditsAmt
Overpayment$16,828OverpaymentAmt
Applied To ES Tax$16,828AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksDIANE BENCKIndividualWithBooksNm
Phone6309688897PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line139 S FOREST AVENUEAddressLine1Txt
CityNAPERVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP60540ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

FieldValueIRS element (for citing)
PersonDIANE BENCKPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line139 S FOREST AVENUEAddressLine1Txt
CityNAPERVILLECityNm
State AbbreviationILStateAbbreviationCd
ZIP60540ZIPCd
FieldValueIRS element (for citing)
TitleTRUSTEETitleTxt
Average Hrs Per Wk Devoted To Pos000.00AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Description1N/ADescription1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$6,333,446AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$414,330AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$6,747,776TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast$6,747,776AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$101,217CashDeemedCharitableAmt
Net Vl Noncharitable Assets$6,646,559NetVlNoncharitableAssetsAmt
Minimum Investment Return$332,328MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$332,328MinimumInvestmentReturnAmt
Tax Based On Investment Income$1,472TaxBasedOnInvestmentIncomeAmt
Total Tax$1,472TotalTaxAmt
Distributable Before Adj$330,856DistributableBeforeAdjAmt
Distributable Before Ded$330,856DistributableBeforeDedAmt
Distributable As Adjusted$330,856DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$275,000ExpensesAndContributionsAmt
Qualifying Distributions$275,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$330,856DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$31,511ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$112,278ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$22,518ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$359,903ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$526,210TotalExcessDistributionCyovAmt
Qualifying Distributions$275,000QualifyingDistributionsAmt
Applied To Current Year$275,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$55,856ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$55,856ExcessDistributionCyovAppCYAmt
Total Corpus$470,354TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$470,354ExcessDistriCyovToNextYrAmt
Excess From Year3$87,933ExcessFromYear3Amt
Excess From Year2$22,518ExcessFromYear2Amt
Excess From Year1$359,903ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmtAddress Line2RecipientUSAddress/AddressLine2Txt
LITTLE FRIENDS
140 N WRIGHT STREETNAPERVILLEIL60540NONEPCGENERAL$100,000
LOAVES & FISHES COMMUNITY SERVICES
1871 HIGH GROVE LANENAPERVILLEIL60540NONEPCGENERAL$20,000
NAPERVILLE HERITAGE SOCIETY
523 S WEBSTER STNAPERVILLEIL60540NONEPCGENERAL$100,000
THE SALVATION ARMY
5040 NORTH PULASKI ROADCHICAGOIL606302788NONEPCGENERAL$20,000
WAYSIDE CROSS MINISTRIES
215 E NEW YORK STREETAURORAIL605053491NONEPCGENERAL$5,000
MERCY HOME FOR BOYS AND GIRLS
1140 W JACKSON BOULEVARDCHICAGOIL60607NONEPCGENERAL$5,000
THE ART INSTITUTE OF CHICAGO
111 SOUTH MICHIGAN AVECHICAGOIL60603NONEPCGENERAL$10,000
CHICAGO SYMPHONY ORCHESTRA
220 S MICHIGAN AVECHICAGOIL60604NONEPCGENERAL$10,000
CALS ANGELS
2422 W MAIN ST UNIT 3BST CHARLESIL60175NONEPCGENERAL$2,500
THE NIGHT MINISTRY
1735 N ASHLAND AVENUECHICAGOIL60622NONEPCGENERAL$2,500SUITE 2000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$275,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$139,407ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion-$577,816ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion-$438,409ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty-$438,409TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockFIFTH THIRD INVESTMENTSStockNm
EOY Book Value$4,993,376EOYBookValueAmt
EOYFMV$5,451,199EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
Legal Fees$274LegalFeesAmt
Net Investment Income$274NetInvestmentIncomeAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT MANAGEMENT FEES$33,164$33,164
BANK FEES$15$15
FILING FEES$25$25

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmt
FEDERAL TAXES$12,568
FEDERAL TAXES$18,300

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