GILBERT FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
GILBERT FOUNDATION (EIN 36-4089976)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-02-21
IRS object ID
202310529349100406
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)
Return2023-02-21T08:43:54-08:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061834234PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGREAL & ROBINSON LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1915 55TH ST STE 101AddressLine1Txt
CityWESTERN SPRINGSCityNm
State AbbreviationILStateAbbreviationCd
ZIP60558ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364089976EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GILBERT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGILBBusinessNameControlTxt
Phone7082122100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLE 206AddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAUREEN SHUREPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-02-21SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMAUREENPersonFirstNm
Person LastSHUREPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICTORIA ROBINSONPreparerPersonNm
PTINP00443866PTIN
Phone7089379366PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
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$124,311FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$3InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$3InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$3InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$4,582DividendsRevAndExpnssAmt
Dividends Net Invst Incm$4,582DividendsNetInvstIncmAmt
Dividends Adj Net Incm$4,582DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$6NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$11GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$6CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$6NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$4,591TotalRevAndExpnssAmt
Total Net Invst Incm$4,591TotalNetInvstIncmAmt
Total Adj Net Incm$4,591TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$475AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$475AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$37TaxesRevAndExpnssAmt
Taxes Net Invst Incm$37TaxesNetInvstIncmAmt
Other Expenses Rev And Expnss$129OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl$129OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,116TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$512TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$604TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$7,116TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$512TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,604TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$2,525ExcessRevenueOverExpensesAmt
Net Investment Income$4,079NetInvestmentIncomeAmt
Adjusted Net Income$4,591AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$2,108CashBOYAmt
Cash EOY$1,075CashEOYAmt
Cash EOYFMV$1,075CashEOYFMVAmt
Corporate Stock BOY$124,728CorporateStockBOYAmt
Corporate Stock EOY$123,236CorporateStockEOYAmt
Corporate Stock EOYFMV$123,236CorporateStockEOYFMVAmt
Total Assets BOY$126,836TotalAssetsBOYAmt
Total Assets EOY$124,311TotalAssetsEOYAmt
Total Assets EOYFMV$124,311TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$126,836RetainedEarningBOYAmt
Retained Earning EOY$124,311RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$126,836TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$124,311TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$126,836TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$124,311TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$126,836TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$2,525ExcessRevenueOverExpensesAmt
Subtotal$124,311SubtotalAmt
Tot Net Ast Or Fund Balances EOY$124,311TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
Property.415 SHS WARNER BROSPropertyDesc
How AcquiredPHowAcquiredCd
Acquired2022-01-18AcquiredDt
Sold2022-04-13SoldDt
Gross Sales Price$11GrossSalesPriceAmt
Cost Or Other Basis$5CostOrOtherBasisAmt
Gain Or Loss$6GainOrLossAmt
Gains Minus Excess Or Losses$6GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$6CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$6NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$57InvestmentIncomeExciseTaxAmt
Subtotal$57SubtotalAmt
Tax Based On Investment Income$57TaxBasedOnInvestmentIncomeAmt
Tax Due$57TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THERESE C LANDSCHOOTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7082122100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLE 206AddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MAUREEN SHURE
179 N ELMWOOD AVENUEOAK PARKIL60302President1.00$0
JAMES L DUNNE
791 PRINCETON LANENEW LENOXIL60451Director1.00$0
THERESE C LANDSCHOOT
123 ACACIA CIRCLE 206INDIAN HEAD PARKIL60525Treasurer3.00$0
SUSAN J DINA
4073 GROVE STWESTERN SPRINGSIL60558Director1.00$0
WILLIAM M DUNNE
9832 S KENNETH AVEOAK LAWNIL60453Director1.00$0
ROSE KENNEDY
9807 S KARLOV 307OAK LAWNIL60453Secretary1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$0TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$0AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$0CashDeemedCharitableAmt
Net Vl Noncharitable Assets$0NetVlNoncharitableAssetsAmt
Minimum Investment Return$0MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Tax Based On Investment Income$57TaxBasedOnInvestmentIncomeAmt
Total Tax$57TotalTaxAmt
Distributable Before Adj$57DistributableBeforeAdjAmt
Distributable Before Ded$57DistributableBeforeDedAmt
Distributable As Adjusted$0DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,604ExpensesAndContributionsAmt
Qualifying Distributions$6,604QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$0DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$965ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$619ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,454ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$1,622ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$6,980ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$11,640TotalExcessDistributionCyovAmt
Qualifying Distributions$6,604QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$6,604RemainingDistriFromCorpusAmt
Total Corpus$18,244TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$965ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$17,279ExcessDistriCyovToNextYrAmt
Excess From Year4$619ExcessFromYear4Amt
Excess From Year3$1,454ExcessFromYear3Amt
Excess From Year2$1,622ExcessFromYear2Amt
Excess From Year1$6,980ExcessFromYear1Amt
Excess From Current Year$6,604ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
RIDING WITH ANGELS INC
W691 COUNTY RD CIRCLEPALMYRAWI53136501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$300
MISERICORDIA WOMEN'S LEAGUE
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$1,500
NATIONAL JEWISH HEALTH
1400 JACKSON STREETDENVERCO80206501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$500
MISERICORDIA HOME
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$3,500
LEUKEMIA LYMPHONA
954 W WASHINGTON BLVD 305CHICAGOIL60607EOFUNRESTRICTED GRANT TO SUPPORT PEOPLE WITH CANCER$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$3RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Related Or Exempt Function Incm$4,582RelatedOrExemptFunctionIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$6RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$4,591RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$4,591TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING EESCategoryTxt
Amt$950Amt
Net Investment Income$475NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$475DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescBANK FEESDesc
Revenue And Expenses Per Books$129RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps$129DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryILLINOIS SECRETARY OF STATECategoryTxt
Amt$37Amt
Net Investment Income$37NetInvestmentIncomeAmt

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