BETA

ALBERT AND LUCILLE DELIGHTER AND MARCELLA WINSTON FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
ALBERT AND LUCILLE DELIGHTER AND MARCELLA WINSTON FOUNDATION (EIN 20-5488529)
Tax period
2020-07-01 to 2021-06-30
Filed
2023-03-09
IRS object ID
202320689349101107
Schema version
2020v4.2
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)
Return2023-03-09T18:13:35-06:00ReturnTs
Tax Period End2021-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN420714325PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1RSM US LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line130 S Wacker Drive Ste 3300AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN205488529EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Albert & Lucille Delighter & MarcellaBusinessNameLine1Txt
Business Name Line2Winston FoundationBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlALBEBusinessNameControlTxt
Phone3124442814PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line130 South Wells Street No 4049AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonDavid S RosenPersonNm
Person TitleTreasurerPersonTitleTxt
Phone3124442814PhoneNum
Signature2023-03-09SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstDavidPersonFirstNm
Person LastRosenPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRebekuh EleyPreparerPersonNm
PTINP01247672PTIN
Phone3126343400PhoneNum
Preparation2023-03-08PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer3TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
PF60 Month Term Sect507b1 BYes (X)PF60MonthTermSect507b1BInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$153,542,907FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$189,019InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$189,019InterestOnSavNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$7,561,826NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$7,561,826GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$7,561,826CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$7,750,845TotalRevAndExpnssAmt
Total Net Invst Incm$7,750,845TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$11,800AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$11,800AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$608,746OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$608,746OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$142,881OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$0OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$142,881OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$763,427TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$608,746TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$154,681TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,746,934ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,746,934ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$7,510,361TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$608,746TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,901,615TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$240,484ExcessRevenueOverExpensesAmt
Net Investment Income$7,142,099NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,991,502SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$1,293,703SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$1,293,703SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$122,165,145OtherInvestmentsBOYAmt
Other Investments EOY$152,249,204OtherInvestmentsEOYAmt
Other Investments EOYFMV$152,249,204OtherInvestmentsEOYFMVAmt
Total Assets BOY$130,156,647TotalAssetsBOYAmt
Total Assets EOY$153,542,907TotalAssetsEOYAmt
Total Assets EOYFMV$153,542,907TotalAssetsEOYFMVAmt
Accounts Payable BOY$11,800AccountsPayableBOYAmt
Accounts Payable EOY$11,800AccountsPayableEOYAmt
Other Liabilities BOY$10,876OtherLiabilitiesBOYAmt
Other Liabilities EOY$12,773OtherLiabilitiesEOYAmt
Total Liabilities BOY$22,676TotalLiabilitiesBOYAmt
Total Liabilities EOY$24,573TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$130,133,971NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$153,518,334NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$130,133,971TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$153,518,334TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$130,156,647TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$153,542,907TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$130,133,971TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$240,484ExcessRevenueOverExpensesAmt
Other Increases$23,143,879OtherIncreasesAmt
Subtotal$153,518,334SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$153,518,334TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp

FieldValueIRS element (for citing)
PropertyAllocation of Realized Gain from JFMC Pooled Endowment PortfolioPropertyDesc
Gross Sales Price$7,561,826GrossSalesPriceAmt
Gain Or Loss$7,561,826GainOrLossAmt
Gains Minus Excess Or Losses$7,561,826GainsMinusExcessOrLossesAmt
FieldValueIRS element (for citing)
Capital Gain Net Income$7,561,826CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$99,275InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$99,275SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$99,275TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Tax Due$99,275TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr Satisfied0Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1James PinkstonBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3123574790PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line130 South Wells Street No 4049AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (7 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Gerald M Newman
30 S Wells Street Suite 4049ChicagoIL60606President0.30$0$0$0
Melvin S Newman
30 S Wells Street Suite 4049ChicagoIL60606Vice President0.30$0$0$0
Steven B Nasatir
30 S Wells Street Suite 4049ChicagoIL60606Secretary0.30$0$0$0
David S Rosen
30 S Wells Street Suite 4049ChicagoIL60606Treasurer0.30$0$0$0
James Pinkston
30 S Wells Street Suite 4049ChicagoIL60606Asst. Treasurer0.30$0$0$0
Donna Kahan
30 S Wells Street Suite 4049ChicagoIL60606Vice President0.30$0$0$0
Eric Devir
30 S Wells Street Suite 4049ChicagoIL60606Asst. Secretary0.30$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$138,773,690AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$7,719,442AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$146,493,132TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$146,493,132AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,197,397CashDeemedCharitableAmt
Net Vl Noncharitable Assets$144,295,735NetVlNoncharitableAssetsAmt
Minimum Investment Return$7,214,787MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$7,214,787MinimumInvestmentReturnAmt
Tax Based On Investment Income$99,275TaxBasedOnInvestmentIncomeAmt
Total Tax$99,275TotalTaxAmt
Distributable Before Adj$7,115,512DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$7,115,512DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$7,115,512DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,901,615ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$6,901,615QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$6,901,615AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$7,115,512DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr2$3,293,462ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,626,403ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$4,919,865TotalExcessDistributionCyovAmt
Qualifying Distributions$6,901,615QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,901,615AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$213,897ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$213,897ExcessDistributionCyovAppCYAmt
Total Corpus$4,705,968TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$4,705,968ExcessDistriCyovToNextYrAmt
Excess From Year2$3,079,565ExcessFromYear2Amt
Excess From Year1$1,626,403ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Jewish United Fund of Metropolitan Chicago
30 S Wells Street Suite 4049ChicagoIL60606PCSupport the exempt purpose of the organization$4,015,000
CJE Senior Life
3003 W Touhy AvenueChicagoIL60645PCSupport the exempt purpose of the organization$2,281,934
Jewish Child and Family Services
216 W Jackson Boulevard Suite 800ChicagoIL60606PCSupport the exempt purpose of the organization$160,000
Jewish Federation of Metropolitan Chicago
30 South Wells Suite 4049ChicagoIL60606PCSupport the exempt purpose of the organization$75,000
The ARK
6450 N California AvenueChicagoIL60645PCSupport the exempt purpose of the organization$75,000
Maot Chitim of Greater Chicago
3710 Commercial Avenue Suite 7NorthbrookIL60062PCSupport the exempt purpose of the organization$50,000
Selfhelp Home
908 W Argyle StreetChicagoIL60640PCSupport the exempt purpose of the organization$50,000
Jewish Community Centers of Chicago
30 S Wells Street Suite 4049ChicagoIL60606PCSupport the exempt purpose of the organization$40,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,746,934TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$189,019ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$7,561,826ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$7,750,845ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$7,750,845TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryAccounting FeesCategoryTxt
Amt$11,800Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$11,800DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
IdentifierReasonable Cause and Part VI ExplanationsIdentifierTxt
Form And Line ReferenceForm 990-PFFormAndLineReferenceDesc
Medium ExplanationReasonable Cause ExplanationThe Form 990-PF was originally prepared to be e-filed. At that time, the software vendor prevented e-filing the Form 990-PF due to the attachments and disclosures surrounding the IRC 507(b)(1)(B) termination. Taxpayer opted to paper file the return before the extended due date of May 15, 2022. Subsequently, Taxpayer worked with the software vendor to e-file the return after receipt of the IRS Ltr 2697C dated February 3, 2023. Taxpayer respectfully requests that the return be accepted as timely filed by the extended due date of May 15, 2022. Part VI Explanation:Taxpayer received correspondence from the IRS related to receipt of taxpayer's notification on intent to terminate as a private foundation under IRC 507(b)(1)(B). A copy of the signed consent is attached to the return. Taxpayer has opted to not pay the 4940 tax during this 60-month period.MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemJFMC Pooled Endowment Portfolio - 731,191.5236 sharesCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$152,249,204BookValueAmt
EOYFMV$152,249,204EOYFMVAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
Administrative Expense$142,871$0$142,871
Filing Fees$10$0$10

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUnrealized Gain on InvestmentsDesc
Amt$23,143,879Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescDue to Jewish Federation of Metro ChicagoDesc
BOY Book Value$10,876BOYBookValueAmt
EOY Book Value$12,773EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryInvestment Management FeesCategoryTxt
Amt$608,746Amt
Net Investment Income$608,746NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

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