2023-04-20T08:47:47-05:00 2020-12-31 FOUNDATION SOURCE ONE HOLLOW LN STE 212 LAKE SUCCESS NY 11042 990PF 2020-01-01 452741384 The FJK Private Foundation % Foundation Source FJKP 8008391754 Foundation Source 501 Silverside Rd Wilmington DE 198091377 Frank J Roth Treasurer 8008391754 2021-07-23 true Frank J Roth 999009999 Jeffrey D Haskell P01345770 8008391754 2020 2023-04-26 12:10:37Z X 15388017 X 600000 8211 8211 353655 353655 152101 7330938 149439 1113967 511305 0 5365 1015 0 4350 16726 726 0 16000 124454 124454 3213 513 44461 26 44435 194219 126734 0 64785 800000 800000 994219 126734 0 864785 119748 384571 805371 508104 508104 3382726 7090272 12123685 13362810 2452770 1469098 1517103 250000 13981139 14100887 15388017 0 0 X 13981139 14100887 13981139 14100887 13981139 14100887 13981139 119748 14100887 14100887 Publicly-traded Securities 7330938 7181499 149439 149439 149439 5346 5346 5346 5300 0 50 5350 X 4 4 false false false false false false false true true DE IL true false false false false true Foundation Source 8008391754 501 Silverside Road Suite 123 Wilmington DE 198091377 false false false true true false false false false false false false false false false false false false false false false false 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 Cornerstone National Bank & Trust Co 1 W NORTHWEST HIGHWAY PALATINE IL 60067 Investment MGMT 124454 13206624 1186587 0 14393211 0 14393211 215898 14177313 708866 708866 5346 5346 703520 250000 953520 953520 864785 0 0 0 0 864785 0 864785 953520 2018 2017 2016 237073 216432 188867 425329 1067701 864785 864785 0 88735 88735 978966 0 978966 148338 216432 188867 425329 NONE X ALMOST HOME KIDS 7S721 RTE 53 NAPERVILLE IL 60540 N/A PC General & Unrestricted 15000 BUTTERFIELD COUNTRY CLUB SCHOLARSHIP PROGRAM 2800 MIDWEST RD OAK BROOK IL 60523 N/A PC General & Unrestricted 5000 BY THE HAND CLUB FOR KIDS 1000 N SEDGWICK ST CHICAGO IL 60610 N/A PC General & Unrestricted 100000 CLEARBROOK 1835 W CENTRAL RD ARLINGTON HEIGHTS IL 60005 N/A PC General & Unrestricted 85000 ECS MINISTRIES PO BOX 1028 DUBUQUE IA 52004 N/A PC General & Unrestricted 10000 ELDERWERKS EDUCATIONAL SERVICES 251 E NW HWY PALATINE IL 60067 N/A PC General & Unrestricted 5000 EMMAUS CORRESPONDENCE SCHOOL-ST LOUIS PO BOX 22006 SAINT LOUIS MO 63126 N/A PC General & Unrestricted 15000 FAITH COMMUNITY HOMES 302 N DUNTON AVE ARLINGTON HTS IL 60004 N/A PC General & Unrestricted 5000 HARVEST BIBLE CHAPEL 800 ROHLWING RD ROLLING MEADOWS IL 60008 N/A PC General & Unrestricted 35000 HOOVED ANIMAL RESCUE & PROTECTION SOCIETY 244 OAK KNOLL RD BARRINGTON IL 60010 N/A PC General & Unrestricted 10000 JEFFREY PRIDE FOUNDATION INC 125 TALL TREES DR BARRINGTON IL 60010 N/A PC General & Unrestricted 20000 JONAHRE FOUNDATION 1000 HART RD STE 300 BARRINGTON IL 60010 N/A PC General & Unrestricted 20000 JOURNEYCARE FOUNDATION INC 2050 CLAIRE CT GLENVIEW IL 60025 N/A PC General & Unrestricted 50000 KENNETH YOUNG CENTER 1001 ROHLWING RD ELK GROVE VLG IL 60007 N/A PC General & Unrestricted 15000 LITTLE SISTERS OF THE POOR ST JOSEPHS HOME FOR THE 80 W NW HWY PALATINE IL 60067 N/A PC General & Unrestricted 20000 LUTHERAN CHURCH OF ST LUKE 410 S RUSH ST ITASCA IL 60143 N/A PC General & Unrestricted 7500 MARKLUND CHILDRENS HOME 1S450 GENEVA IL 60134 N/A PC General & Unrestricted 30000 MISERICORDIA HOME 6300 N RIDGE AVE CHICAGO IL 60660 N/A PC General & Unrestricted 100000 MY CONTAGIOUS GENEROSITY INC 3448 E REDFIELD RD GILBERT AZ 85234 N/A PC General & Unrestricted 3000 NORTHWEST COMMUNITY HOSPITAL FOUNDATION 3040 W SALT CREEK LN ARLINGTON HTS IL 60005 N/A PC General & Unrestricted 50000 NORTHWEST CULTURAL COUNCIL INC PO BOX 690 BARRINGTON IL 60011 N/A PC General & Unrestricted 7500 OPERATION SUPPORT OUR TROOPS - AMERICA INC 1807 S WASHINGTON STE 110 359 NAPERVILLE IL 60565 N/A PC General & Unrestricted 5000 PARTNERS FOR OUR COMMUNITIES 1585 N RAND RD PALATINE IL 60074 N/A PC General & Unrestricted 22500 PHI ALPHA DELTA INTERNATIONAL FOUNDATION 606 BALTIMORE AVE STE 303 TOWSON MD 21204 N/A PC General & Unrestricted 5000 ROSELLE HISTORICAL FOUNDATION 39 E ELM AVE ROSELLE IL 60172 N/A PC General & Unrestricted 10000 SAINT PETER LUTHERAN CHURCH 202 E SCHAUMBURG RD SCHAUMBURG IL 60194 N/A PC General & Unrestricted 7500 SBAC EMPOWERMENT FOUNDATION 20 S CLARK ST STE 500 CHICAGO IL 60603 N/A PC General & Unrestricted 20000 SCHOOL AND TUTORS ON WHEELS 100 6TH AVE LA GRANGE IL 60525 N/A PC General & Unrestricted 5000 SHRINERS HOSPITALS FOR CHILDREN 2900 N ROCKY POINT DR TAMPA FL 33607 N/A PC General & Unrestricted 30000 SOCIETY OF ST VINCENT DE PAUL ARCHDIOCESE OF CHICA 2815 N KIMBALL AVE CHICAGO IL 60618 N/A PC General & Unrestricted 5000 SPECIAL FORCES SCHOLARSHIP FUND PO BOX 1509 FAYETTEVILLE NC 28302 N/A PC General & Unrestricted 17000 URBAN NON PUBLIC EDUCATION FUND 1550 S STATE ST STE 107 CHICAGO IL 60605 N/A PC General & Unrestricted 10000 VETERANS FOUNDATION OF ILLINOIS INC 3300 CONSTITUTION DR SPRINGFIELD IL 62711 N/A PC General & Unrestricted 15000 WESTERN DUPAGE SPECIAL RECREATION ASSOCIATION FOUN 116 N SCHMALE RD CAROL STREAM IL 60188 N/A PC General & Unrestricted 30000 YOUNG LIFE EASTERN DUPAGE 836 W HINSDALE HINSDALE IL 60521 N/A PC General & Unrestricted 10000 800000 14 8211 14 353655 18 152101 513967 513967 false false false false false false false false false false X X 1 Frank J Kehoe Trust 1 W Northwest Highway Palatine IL 60067 600000 X Audit Fees 16726 726 16000 William W Thorsness *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. CIT BANK CD - 2.650% - 07/23/2 100000 101472 CIT BANK CD - 2.700% - 08/12/2 100000 101655 CIT BANK CD - 2.700% - 10/15/2 50000 51062 DISCOVER BANK CD - 2.550% - 10 50000 51002 DISCOVER BANK CD - 2.700% - 03 100000 100545 ENERBANK USA CD - 2.750% - 10/ 150000 157233 GE CAPITAL BK CD - 2.900% - 08 100000 104277 GE CAPITAL BK CD - 2.950% - 07 100000 104174 GE CAPITAL BK CD - 2.950% - 10 50000 52519 GOLDMAN SACHS GROUP CD - 1.850 9465 10429 GOLDMAN SACHS GROUP CD - 2.200 19725 20193 GOLDMAN SACHS GROUP CD - 2.650 19942 20857 GOLDMAN SACHS GROUP CD - 2.800 19966 21422 MORGAN STANLEY CD - 2.750% - 0 100000 103234 SALLIE MAE BANK CD - 2.650% - 100000 102102 WELLS FARGO BANK NATL ASSN CD 400000 414927 ABBOTT LABS 23879 60110 ACCENTURE PLC 67346 93513 ALEXION PHARMACEUTICALS, INC 43745 66871 ALLSTATE CORP 27677 44412 ANALOG DEVICES INC 72509 91149 BERKSHIRE HATHAWAY INC. CLASS 31948 50548 BMY CONTINGENT VALUE RIGHTS 1146 371 CAUSEWAY INTERNATIONAL VALUE F 499670 519027 CHEVRON CORP 25881 24913 COMCAST CORP 34846 51719 COMMUNICAT SVS SLCT SEC SPDR E 110978 164111 CONSUMER DISCRETIONARY SELECT 34999 60936 CVS CAREMARK CORP 53951 69051 EBAY INC 40501 53717 ELI LILLY & CO 37316 54366 EXELON CORPORATION 58023 66032 EXXON MOBIL CORP 36610 24814 FINANCIAL SELECT SECTOR SPDR F 25390 24233 FLEXSHARES CREDIT-SCORED US CO 2734407 2755298 FLEXSHARES CREDIT-SCORED US LO 366635 381307 FLEXSHARES DISCIPLINED DURATIO 2113764 2110689 FLEXSHARES GLOBAL QUALITY REAL 185144 160620 FLEXSHARES GLOBAL UPSTREAM NAT 159715 167809 FLEXSHARES IBOXX 3-YEAR TARGET 589928 632082 FLEXSHARES STOXX GLOBAL BROAD 432633 479808 FLEXSHS MORNINGSTAR DVLP MKT E 619304 645084 GEN DYNAMICS CP 40609 34229 INTERCONTINENTAL EXCHANGE, INC 25939 58913 ISHARES BARCLAYS US TREASURY B 250943 248075 JOHNSON CONTROLS INTERNATIONAL 33000 36340 JP MORGAN CHASE 35874 66458 KLA TENCOR CORP 36807 90101 LOWES COMPANIES INC 24927 50882 MASCO CORP 25940 32189 MATERIALS SELECT SECTOR SPDR 44814 61893 MICROCHIP TECHNOLOGY INC 28386 81761 MICROSOFT CORP 18754 72064 NORFOLK SOUTHERN CORP 20372 36354 NORTHERN FUNDS MID CAP INDEX 338187 383813 ORACLE CORP 48549 73035 PEPSICO INC 33953 44193 PFIZER INC 51780 47448 PROCTER GAMBLE CO 28797 41046 REAL ESTATE SELECT SECTOR SPDR 30588 32794 ROCHE HOLDING LTD ADR 46207 47698 SALESFORCE.COM 21251 56300 SEI CORE FIXED INCOME FUND 374431 398942 SEI HIGH YIELD BOND FUND 1119539 1079217 SELECT SECTOR SPDR INDUSTRIAL 34774 40644 THE COCA-COLA CO 40230 51001 TJX COMPANIES INC 41309 74846 VAN ECK EMERGING MARKETS FUND 275000 300855 VANGUARD SM-CAP ETF 186883 243155 VIATRIS ORD SHS 2827 2980 VISA INC 24820 60369 WALT DISNEY HOLDINGS CO 36834 66312 WCM FOCUSED INTL GROWTH FUNDS 311611 510542 XILINX INC 61805 85771 General Consultations 5365 1015 4350 Administrative Fees 41316 41316 Bank Charges 26 26 Indemnification Insurance 3069 3069 State or Local Filing Fees 50 50 Investment Management Services 124454 124454 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. 990-PF Estimated Tax for 2020 2700 Foreign Tax Paid 513 513