SANBORN FAMILY FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
SANBORN FAMILY FOUNDATION (EIN 36-4262020)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-07-02
IRS object ID
202311839349100301
Schema version
2022v5.0
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)
Return2023-07-02T08:21:06-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363682564PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tax & Beyond - HalstedBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13456 S Halsted StAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60608ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364262020EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANBORN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSANBBusinessNameControlTxt
Phone8472745827PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1927 ROMONA ROADAddressLine1Txt
CityWILMETTECityNm
State AbbreviationILStateAbbreviationCd
ZIP60091ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT SANBORNPersonNm
Person TitleDirectorPersonTitleTxt
Signature2023-07-02SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastSANBORNPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonScott KrausePreparerPersonNm
PTINP00800380PTIN
Phone7738935102PhoneNum

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 TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Address ChangeYes (X)AddressChangeInd
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$8,495,991FMVAssetsEOYAmt
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$306,393DividendsRevAndExpnssAmt
Dividends Net Invst Incm$306,393DividendsNetInvstIncmAmt
Dividends Adj Net Incm$306,393DividendsAdjNetIncmAmt
Total Rev And Expnss$306,393TotalRevAndExpnssAmt
Total Net Invst Incm$306,393TotalNetInvstIncmAmt
Total Adj Net Incm$306,393TotalAdjNetIncmAmt
Taxes Rev And Expnss$12,317TaxesRevAndExpnssAmt
Taxes Net Invst Incm$8,156TaxesNetInvstIncmAmt
Taxes Adj Net Incm$8,156TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$12,317TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$8,156TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$8,156TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$405,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$405,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$417,317TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$8,156TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$8,156TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$405,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$110,924ExcessRevenueOverExpensesAmt
Net Investment Income$298,237NetInvestmentIncomeAmt
Adjusted Net Income$298,237AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$497,492SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$630,364SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$630,364SavAndTempCashInvstEOYFMVAmt
Other Investments BOY$3,204,803OtherInvestmentsBOYAmt
Other Investments EOY$3,260,818OtherInvestmentsEOYAmt
Other Investments EOYFMV$7,865,627OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,702,295TotalAssetsBOYAmt
Total Assets EOY$3,891,182TotalAssetsEOYAmt
Total Assets EOYFMV$8,495,991TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,702,295NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,891,182NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,702,295TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,891,182TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,702,295TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,891,182TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,702,295TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$110,924ExcessRevenueOverExpensesAmt
Other Increases$300,015OtherIncreasesAmt
Subtotal$3,891,386SubtotalAmt
Other Decreases$204OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,891,182TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4,145InvestmentIncomeExciseTaxAmt
Subtotal$4,145SubtotalAmt
Tax Based On Investment Income$4,145TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$188EsPenaltyAmt
Tax Due$4,333TaxDueAmt
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 SatisfiedfalseSection508eRqrSatisfiedInd
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 Line1ROBERT SANBORNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8472745827PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line156 RENDEZVOUS LANEAddressLine1Txt
CityBARNSTABLECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02360ZIPCd
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 (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
LOUISE SANBORN
927 ROMONA ROADWILMETTEIL60091Director1.00$0
ROBERT SANBORN
927 ROMONA ROADWILMETTEIL60091Director1.00$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$8,179,372AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$601,312AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$8,780,684TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$8,780,684AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$131,710CashDeemedCharitableAmt
Net Vl Noncharitable Assets$8,648,974NetVlNoncharitableAssetsAmt
Minimum Investment Return$432,449MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$432,449MinimumInvestmentReturnAmt
Tax Based On Investment Income$4,145TaxBasedOnInvestmentIncomeAmt
Total Tax$4,145TotalTaxAmt
Distributable Before Adj$428,304DistributableBeforeAdjAmt
Distributable Before Ded$428,304DistributableBeforeDedAmt
Distributable As Adjusted$428,304DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$405,000ExpensesAndContributionsAmt
Qualifying Distributions$405,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$428,304DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,039,511ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr2$47,603ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$1,087,114TotalExcessDistributionCyovAmt
Qualifying Distributions$405,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$405,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$23,304ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$23,304ExcessDistributionCyovAppCYAmt
Total Corpus$1,063,810TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,016,207ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$47,603ExcessDistriCyovToNextYrAmt
Excess From Year2$47,603ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (12 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BIG SHOULDERS FUND
212 W VAN BURENCHICAGOIL60607NONEUNRESTRICTED$25,000
CHICAGO JESUIT ACADEMY
5058 W JACKSON BLVDCHICAGOIL60644NONEUNRESTRICTED$135,000
CHRISTO REY HIGH SCHOOL
1852 W 22ND PLACECHICAGOIL60608NONEUNRESTRICTED$50,000
GIFT OF ADOPTION
P O BOX 567CHICAGOIL60640NONEUNRESTRICTED$5,000
JOSEPHINUM ACADEMY
1501 N OAKLEY AVENUECHICAGOIL60622NONEUNRESTRICTED$10,000
ILLINOIS POLICY INSTITUTE
300 S RIVERSIDECHICAGOIL60606NONEUNRESTRICTED$100,000
LOBLOLLY FOUNDATION
7407 SE HILL TERRACEHOBE SOUNDFL33455NONEUNRESTRICTED$10,000
SAINT FRANCIS XAVIER PARISH
524 9TH STREETWILMETTEIL60091NONEUNRESTRICTED$25,000
OUR LADY OF TEPEYAC SCHOOL
2228 S WHIPPLE STREETCHICAGOIL60623NONEUNRESTRICTED$10,000
BARNSTABLE LAND TRUST
1540 MAIN STREETWEST BARNSTABLEMA02661NONEUNRESTRICTED$10,000
HOBE SOUND COMMUNITY CHEST
11450 SE DIXIE HIGHWAYHOBE SOUNDFL33455NONEUNRESTRICTED$20,000
READING POWER
736 N WESTERN AVELAKE FORESTIL60045NONEUNRESTRICTED$5,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$405,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$306,393RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$306,393RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$306,393TotalIncomeProducingActyAmt

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 Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
22000 ALTRIAAT COST$216,334$1,005,620
14500 PHILLIP MORRISAT COST$302,498$1,467,545
10200 BLACK AND DECKERAT COST$272,000$766,224
25224 MONDELEZAT COST$262,531$1,681,180
7674 KRAFT HEINZAT COST$192,042$312,408
79406 OAKEXAT COST$900,440$1,319,734
44221 OAKIXAT COST$910,736$1,017,533
10314 OAKGXAT COST$204,237$295,383

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescMISCELLANEOUS ADJUSTMENTDesc
Amt$204Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDescAmtAmt
2022 DONATIONS NOT CASHED UNTIL 2023$300,000
FEE NOT CASHED UNTIL 2023$15

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FOREIGN TAXES PAID$8,156$8,156$8,156
ILLINOIS CHARITABLE BUREAU$15
INTERNAL REVENUE SERVICE$4,146

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