THE FJK PRIVATE FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- THE FJK PRIVATE FOUNDATION (EIN 45-2741384)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2023-04-20
- IRS object ID
- 202301109349100205
- Schema version
- 2020v4.1
- 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
- Schedule B
- Accounting Fees Schedule
- Compensation Explanation
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Reasonable Cause Explanation
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-04-20T08:47:47-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FOUNDATION SOURCE | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE HOLLOW LN STE 212 | AddressLine1Txt |
| City | LAKE SUCCESS | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 11042 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 452741384 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The FJK Private Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % Foundation Source | InCareOfNm |
| Business Name Control | FJKP | BusinessNameControlTxt |
| Phone | 8008391754 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | Foundation Source 501 Silverside Rd | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Frank J Roth | PersonNm |
| Person Title | Treasurer | PersonTitleTxt |
| Phone | 8008391754 | PhoneNum |
| Signature | 2021-07-23 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Frank J | PersonFirstNm |
| Person Last | Roth | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Jeffrey D Haskell | PreparerPersonNm |
| PTIN | P01345770 | PTIN |
| Phone | 8008391754 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | TrustedCustomerGrp |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $15,388,017 | 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 | $600,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $8,211 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $8,211 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $353,655 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $353,655 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $152,101 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,330,938 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $149,439 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $1,113,967 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $511,305 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $5,365 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $1,015 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $4,350 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,726 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $726 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $16,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $124,454 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $124,454 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $3,213 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $513 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $44,461 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $26 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $44,435 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $194,219 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $126,734 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $64,785 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $800,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $800,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $994,219 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $126,734 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $864,785 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $119,748 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $384,571 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $805,371 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $508,104 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $508,104 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $3,382,726 | USGovernmentObligationsBOYAmt |
| Corporate Stock BOY | $7,090,272 | CorporateStockBOYAmt |
| Corporate Stock EOY | $12,123,685 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,362,810 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,452,770 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,469,098 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,517,103 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $250,000 | OtherAssetsBOYAmt |
| Total Assets BOY | $13,981,139 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,100,887 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $15,388,017 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $13,981,139 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,100,887 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $13,981,139 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,100,887 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $13,981,139 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,100,887 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $13,981,139 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $119,748 | ExcessRevenueOverExpensesAmt |
| Subtotal | $14,100,887 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $14,100,887 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | Publicly-traded Securities | PropertyDesc |
| Gross Sales Price | $7,330,938 | GrossSalesPriceAmt |
| Cost Or Other Basis | $7,181,499 | CostOrOtherBasisAmt |
| Gain Or Loss | $149,439 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $149,439 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $149,439 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,346 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $5,346 | SubtotalAmt |
| Tax Based On Investment Income | $5,346 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,300 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $50 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,350 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $4 | OverpaymentAmt |
| Applied To ES Tax | $4 | 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 | DE | OrgReportOrRegisterStateCd |
| 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Foundation Source | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8008391754 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 501 Silverside Road Suite 123 | AddressLine1Txt |
| City | Wilmington | CityNm |
| State Abbreviation | DE | StateAbbreviationCd |
| ZIP | 198091377 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| Mary E Rooney | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Frank J Roth | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Sec, Treas | 1.0 | $0 | $0 | $0 |
| William W Thorsness | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir | 1.0 | $0 | $0 | $0 |
| Gerhardt E Umlauf | ||||||||
| Foundation Source 501 Silverside Rd | Wilmington | DE | 198091377 | Dir, Pres | 1.0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Cornerstone National Bank & Trust Co | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 W NORTHWEST HIGHWAY | AddressLine1Txt |
| City | PALATINE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | Investment MGMT | ServiceTypeTxt |
| Compensation | $124,454 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $13,206,624 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,186,587 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,393,211 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,393,211 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $215,898 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,177,313 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $708,866 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $708,866 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,346 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,346 | TotalTaxAmt |
| Distributable Before Adj | $703,520 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $250,000 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $953,520 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $953,520 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $864,785 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $864,785 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $864,785 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $953,520 | DistributableAsAdjustedAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Excess Distribution Cyov Yr4 | $237,073 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $216,432 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $188,867 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $425,329 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,067,701 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $864,785 | QualifyingDistributionsAmt |
| Applied To Current Year | $864,785 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $88,735 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $88,735 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $978,966 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $978,966 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $148,338 | ExcessFromYear4Amt |
| Excess From Year3 | $216,432 | ExcessFromYear3Amt |
| Excess From Year2 | $188,867 | ExcessFromYear2Amt |
| Excess From Year1 | $425,329 | ExcessFromYear1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (35 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ALMOST HOME KIDS | |||||||
| 7S721 RTE 53 | NAPERVILLE | IL | 60540 | N/A | PC | General & Unrestricted | $15,000 |
| BUTTERFIELD COUNTRY CLUB SCHOLARSHIP PROGRAM | |||||||
| 2800 MIDWEST RD | OAK BROOK | IL | 60523 | N/A | PC | General & Unrestricted | $5,000 |
| BY THE HAND CLUB FOR KIDS | |||||||
| 1000 N SEDGWICK ST | CHICAGO | IL | 60610 | N/A | PC | General & Unrestricted | $100,000 |
| CLEARBROOK | |||||||
| 1835 W CENTRAL RD | ARLINGTON HEIGHTS | IL | 60005 | N/A | PC | General & Unrestricted | $85,000 |
| ECS MINISTRIES | |||||||
| PO BOX 1028 | DUBUQUE | IA | 52004 | N/A | PC | General & Unrestricted | $10,000 |
| ELDERWERKS EDUCATIONAL SERVICES | |||||||
| 251 E NW HWY | PALATINE | IL | 60067 | N/A | PC | General & Unrestricted | $5,000 |
| EMMAUS CORRESPONDENCE SCHOOL-ST LOUIS | |||||||
| PO BOX 22006 | SAINT LOUIS | MO | 63126 | N/A | PC | General & Unrestricted | $15,000 |
| FAITH COMMUNITY HOMES | |||||||
| 302 N DUNTON AVE | ARLINGTON HTS | IL | 60004 | N/A | PC | General & Unrestricted | $5,000 |
| HARVEST BIBLE CHAPEL | |||||||
| 800 ROHLWING RD | ROLLING MEADOWS | IL | 60008 | N/A | PC | General & Unrestricted | $35,000 |
| HOOVED ANIMAL RESCUE & PROTECTION SOCIETY | |||||||
| 244 OAK KNOLL RD | BARRINGTON | IL | 60010 | N/A | PC | General & Unrestricted | $10,000 |
| JEFFREY PRIDE FOUNDATION INC | |||||||
| 125 TALL TREES DR | BARRINGTON | IL | 60010 | N/A | PC | General & Unrestricted | $20,000 |
| JONAHRE FOUNDATION | |||||||
| 1000 HART RD STE 300 | BARRINGTON | IL | 60010 | N/A | PC | General & Unrestricted | $20,000 |
| JOURNEYCARE FOUNDATION INC | |||||||
| 2050 CLAIRE CT | GLENVIEW | IL | 60025 | N/A | PC | General & Unrestricted | $50,000 |
| KENNETH YOUNG CENTER | |||||||
| 1001 ROHLWING RD | ELK GROVE VLG | IL | 60007 | N/A | PC | General & Unrestricted | $15,000 |
| LITTLE SISTERS OF THE POOR ST JOSEPHS HOME FOR THE | |||||||
| 80 W NW HWY | PALATINE | IL | 60067 | N/A | PC | General & Unrestricted | $20,000 |
| LUTHERAN CHURCH OF ST LUKE | |||||||
| 410 S RUSH ST | ITASCA | IL | 60143 | N/A | PC | General & Unrestricted | $7,500 |
| MARKLUND CHILDRENS HOME | |||||||
| 1S450 | GENEVA | IL | 60134 | N/A | PC | General & Unrestricted | $30,000 |
| MISERICORDIA HOME | |||||||
| 6300 N RIDGE AVE | CHICAGO | IL | 60660 | N/A | PC | General & Unrestricted | $100,000 |
| MY CONTAGIOUS GENEROSITY INC | |||||||
| 3448 E REDFIELD RD | GILBERT | AZ | 85234 | N/A | PC | General & Unrestricted | $3,000 |
| NORTHWEST COMMUNITY HOSPITAL FOUNDATION | |||||||
| 3040 W SALT CREEK LN | ARLINGTON HTS | IL | 60005 | N/A | PC | General & Unrestricted | $50,000 |
| NORTHWEST CULTURAL COUNCIL INC | |||||||
| PO BOX 690 | BARRINGTON | IL | 60011 | N/A | PC | General & Unrestricted | $7,500 |
| OPERATION SUPPORT OUR TROOPS - AMERICA INC | |||||||
| 1807 S WASHINGTON STE 110 359 | NAPERVILLE | IL | 60565 | N/A | PC | General & Unrestricted | $5,000 |
| PARTNERS FOR OUR COMMUNITIES | |||||||
| 1585 N RAND RD | PALATINE | IL | 60074 | N/A | PC | General & Unrestricted | $22,500 |
| PHI ALPHA DELTA INTERNATIONAL FOUNDATION | |||||||
| 606 BALTIMORE AVE STE 303 | TOWSON | MD | 21204 | N/A | PC | General & Unrestricted | $5,000 |
| ROSELLE HISTORICAL FOUNDATION | |||||||
| 39 E ELM AVE | ROSELLE | IL | 60172 | N/A | PC | General & Unrestricted | $10,000 |
| SAINT PETER LUTHERAN CHURCH | |||||||
| 202 E SCHAUMBURG RD | SCHAUMBURG | IL | 60194 | N/A | PC | General & Unrestricted | $7,500 |
| SBAC EMPOWERMENT FOUNDATION | |||||||
| 20 S CLARK ST STE 500 | CHICAGO | IL | 60603 | N/A | PC | General & Unrestricted | $20,000 |
| SCHOOL AND TUTORS ON WHEELS | |||||||
| 100 6TH AVE | LA GRANGE | IL | 60525 | N/A | PC | General & Unrestricted | $5,000 |
| SHRINERS HOSPITALS FOR CHILDREN | |||||||
| 2900 N ROCKY POINT DR | TAMPA | FL | 33607 | N/A | PC | General & Unrestricted | $30,000 |
| SOCIETY OF ST VINCENT DE PAUL ARCHDIOCESE OF CHICA | |||||||
| 2815 N KIMBALL AVE | CHICAGO | IL | 60618 | N/A | PC | General & Unrestricted | $5,000 |
| SPECIAL FORCES SCHOLARSHIP FUND | |||||||
| PO BOX 1509 | FAYETTEVILLE | NC | 28302 | N/A | PC | General & Unrestricted | $17,000 |
| URBAN NON PUBLIC EDUCATION FUND | |||||||
| 1550 S STATE ST STE 107 | CHICAGO | IL | 60605 | N/A | PC | General & Unrestricted | $10,000 |
| VETERANS FOUNDATION OF ILLINOIS INC | |||||||
| 3300 CONSTITUTION DR | SPRINGFIELD | IL | 62711 | N/A | PC | General & Unrestricted | $15,000 |
| WESTERN DUPAGE SPECIAL RECREATION ASSOCIATION FOUN | |||||||
| 116 N SCHMALE RD | CAROL STREAM | IL | 60188 | N/A | PC | General & Unrestricted | $30,000 |
| YOUNG LIFE EASTERN DUPAGE | |||||||
| 836 W HINSDALE | HINSDALE | IL | 60521 | N/A | PC | General & Unrestricted | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $800,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp |
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $8,211 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $353,655 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $152,101 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $513,967 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $513,967 | TotalIncomeProducingActyAmt |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | Frank J Kehoe Trust | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 W Northwest Highway | AddressLine1Txt |
| City | Palatine | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60067 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $600,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Audit Fees | CategoryTxt |
| Amt | $16,726 | Amt |
| Net Investment Income | $726 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $16,000 | DisbursementsCharitablePrpsAmt |
Compensation Explanation CompensationExplanation
Compensation Explanation CompensationExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | William W Thorsness | PersonNm |
| Short Explanation | *William W Thorsness, Director of the FJK Private Foundation (the "Foundation"), is a partner at the law firm of Lillig & Thorsness, Ltd, a disqualified person which provides legal services to the Foundation. During the taxable year ending December 31, 2020, the Foundation paid $5,365 for legal services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 16a. Such legal services firm billed the Foundation at or below the rate it charges its other clients. | ShortExplanationTxt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (16 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CIT BANK CD - 2.650% - 07/23/2 | $100,000 | $101,472 |
| CIT BANK CD - 2.700% - 08/12/2 | $100,000 | $101,655 |
| CIT BANK CD - 2.700% - 10/15/2 | $50,000 | $51,062 |
| DISCOVER BANK CD - 2.550% - 10 | $50,000 | $51,002 |
| DISCOVER BANK CD - 2.700% - 03 | $100,000 | $100,545 |
| ENERBANK USA CD - 2.750% - 10/ | $150,000 | $157,233 |
| GE CAPITAL BK CD - 2.900% - 08 | $100,000 | $104,277 |
| GE CAPITAL BK CD - 2.950% - 07 | $100,000 | $104,174 |
| GE CAPITAL BK CD - 2.950% - 10 | $50,000 | $52,519 |
| GOLDMAN SACHS GROUP CD - 1.850 | $9,465 | $10,429 |
| GOLDMAN SACHS GROUP CD - 2.200 | $19,725 | $20,193 |
| GOLDMAN SACHS GROUP CD - 2.650 | $19,942 | $20,857 |
| GOLDMAN SACHS GROUP CD - 2.800 | $19,966 | $21,422 |
| MORGAN STANLEY CD - 2.750% - 0 | $100,000 | $103,234 |
| SALLIE MAE BANK CD - 2.650% - | $100,000 | $102,102 |
| WELLS FARGO BANK NATL ASSN CD | $400,000 | $414,927 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (58 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| ABBOTT LABS | $23,879 | $60,110 |
| ACCENTURE PLC | $67,346 | $93,513 |
| ALEXION PHARMACEUTICALS, INC | $43,745 | $66,871 |
| ALLSTATE CORP | $27,677 | $44,412 |
| ANALOG DEVICES INC | $72,509 | $91,149 |
| BERKSHIRE HATHAWAY INC. CLASS | $31,948 | $50,548 |
| BMY CONTINGENT VALUE RIGHTS | $1,146 | $371 |
| CAUSEWAY INTERNATIONAL VALUE F | $499,670 | $519,027 |
| CHEVRON CORP | $25,881 | $24,913 |
| COMCAST CORP | $34,846 | $51,719 |
| COMMUNICAT SVS SLCT SEC SPDR E | $110,978 | $164,111 |
| CONSUMER DISCRETIONARY SELECT | $34,999 | $60,936 |
| CVS CAREMARK CORP | $53,951 | $69,051 |
| EBAY INC | $40,501 | $53,717 |
| ELI LILLY & CO | $37,316 | $54,366 |
| EXELON CORPORATION | $58,023 | $66,032 |
| EXXON MOBIL CORP | $36,610 | $24,814 |
| FINANCIAL SELECT SECTOR SPDR F | $25,390 | $24,233 |
| FLEXSHARES CREDIT-SCORED US CO | $2,734,407 | $2,755,298 |
| FLEXSHARES CREDIT-SCORED US LO | $366,635 | $381,307 |
| FLEXSHARES DISCIPLINED DURATIO | $2,113,764 | $2,110,689 |
| FLEXSHARES GLOBAL QUALITY REAL | $185,144 | $160,620 |
| FLEXSHARES GLOBAL UPSTREAM NAT | $159,715 | $167,809 |
| FLEXSHARES IBOXX 3-YEAR TARGET | $589,928 | $632,082 |
| FLEXSHARES STOXX GLOBAL BROAD | $432,633 | $479,808 |
| FLEXSHS MORNINGSTAR DVLP MKT E | $619,304 | $645,084 |
| GEN DYNAMICS CP | $40,609 | $34,229 |
| INTERCONTINENTAL EXCHANGE, INC | $25,939 | $58,913 |
| ISHARES BARCLAYS US TREASURY B | $250,943 | $248,075 |
| JOHNSON CONTROLS INTERNATIONAL | $33,000 | $36,340 |
| JP MORGAN CHASE | $35,874 | $66,458 |
| KLA TENCOR CORP | $36,807 | $90,101 |
| LOWES COMPANIES INC | $24,927 | $50,882 |
| MASCO CORP | $25,940 | $32,189 |
| MATERIALS SELECT SECTOR SPDR | $44,814 | $61,893 |
| MICROCHIP TECHNOLOGY INC | $28,386 | $81,761 |
| MICROSOFT CORP | $18,754 | $72,064 |
| NORFOLK SOUTHERN CORP | $20,372 | $36,354 |
| NORTHERN FUNDS MID CAP INDEX | $338,187 | $383,813 |
| ORACLE CORP | $48,549 | $73,035 |
| PEPSICO INC | $33,953 | $44,193 |
| PFIZER INC | $51,780 | $47,448 |
| PROCTER GAMBLE CO | $28,797 | $41,046 |
| REAL ESTATE SELECT SECTOR SPDR | $30,588 | $32,794 |
| ROCHE HOLDING LTD ADR | $46,207 | $47,698 |
| SALESFORCE.COM | $21,251 | $56,300 |
| SEI CORE FIXED INCOME FUND | $374,431 | $398,942 |
| SEI HIGH YIELD BOND FUND | $1,119,539 | $1,079,217 |
| SELECT SECTOR SPDR INDUSTRIAL | $34,774 | $40,644 |
| THE COCA-COLA CO | $40,230 | $51,001 |
| TJX COMPANIES INC | $41,309 | $74,846 |
| VAN ECK EMERGING MARKETS FUND | $275,000 | $300,855 |
| VANGUARD SM-CAP ETF | $186,883 | $243,155 |
| VIATRIS ORD SHS | $2,827 | $2,980 |
| VISA INC | $24,820 | $60,369 |
| WALT DISNEY HOLDINGS CO | $36,834 | $66,312 |
| WCM FOCUSED INTL GROWTH FUNDS | $311,611 | $510,542 |
| XILINX INC | $61,805 | $85,771 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | General Consultations | CategoryTxt |
| Legal Fees | $5,365 | LegalFeesAmt |
| Net Investment Income | $1,015 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $4,350 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| Administrative Fees | $41,316 | $41,316 | |
| Bank Charges | $26 | $26 | |
| Indemnification Insurance | $3,069 | $3,069 | |
| State or Local Filing Fees | $50 | $50 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Investment Management Services | CategoryTxt |
| Amt | $124,454 | Amt |
| Net Investment Income | $124,454 | NetInvestmentIncomeAmt |
Reasonable Cause Explanation ReasonableCauseExplanation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | We respectfully request that The FJK Private Foundation's (the "Foundation") Form 990-PF for the taxable year ending December 31, 2020 be treated as timely filed and request that no late filing penalty be assessed because the filing delay was due to reasonable cause. Treasury Regulations Sec. 301.6651-1(c)(1) defines reasonable cause by asking whether the taxpayer exercised ordinary business care and prudence. The Foundation exercised care and prudence in seeking a reputable firm knowledgeable about exempt organizations to prepare its 2020 Form 990-PF. The Foundation's 2020 Form 990-PF was scheduled to be timely e-filed by the extended due date of November 15, 2021. Unbeknownst to the Foundation, the return was not filed. It wasn't until the Foundation received an IRS notice for the 2021 990-PF that the administrator became aware that the 2020 990-PF return had not been successfully e-filed. The submission of the return was inadvertently missed due to an administrative error and at no fault of the Foundation. The administrators have policies and procedures in place to ensure that this will not occur in the future. According to the standards set forth in Rev. Proc. 92-85, we believe the Foundation and its administrator's actions were reasonable and in good faith. The delay in submitting the tax return was not in any way due to an intentional disregard of IRS rules and, therefore, penalties should not be assessed. | ExplanationTxt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| 990-PF Estimated Tax for 2020 | $2,700 | |
| Foreign Tax Paid | $513 | $513 |
Comments