BAYLESS FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- BAYLESS FAMILY FOUNDATION (EIN 81-4588609)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-25
- IRS object ID
- 202322379349100022
- 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
- Form 990-PF
- Schedule B
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-25T14:50:38-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363029663 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DHJJ LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 184 SHUMAN BLVD STE 200 | AddressLine1Txt |
| City | NAPERVILLE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60563 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 814588609 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BAYLESS FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BAYL | BusinessNameControlTxt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 N CLARK ST | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DEANN BAYLESS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Signature | 2023-08-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | DEANN | PersonFirstNm |
| Person Last | BAYLESS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN P MULLIGAN CPA | PreparerPersonNm |
| PTIN | P00628430 | PTIN |
| Phone | 6304201360 | PhoneNum |
| Preparation | 2023-08-24 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | 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 | $4,819,297 | 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 | $123,268 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $163,515 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $163,515 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$21,757 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $889,400 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $18,887 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $474 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $283,913 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $163,989 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $24,581 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Taxes Rev And Expnss | $6,165 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,471 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $13,982 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $11,688 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $44,728 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $14,159 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $369,527 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $369,527 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $414,255 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $14,159 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $369,527 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$130,342 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $149,830 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $111,066 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $107,390 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $107,390 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $5,164,088 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,037,422 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,711,907 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,275,154 | TotalAssetsBOYAmt |
| Total Assets EOY | $5,144,812 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,819,297 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $5,275,154 | RetainedEarningBOYAmt |
| Retained Earning EOY | $5,144,812 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $5,275,154 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $5,144,812 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,275,154 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $5,144,812 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $5,275,154 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$130,342 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $5,144,812 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $5,144,812 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (7 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| T2 STRATEGIC REAL ESTATE INCOME FUND LLC | P | 2021-12-31 | 2022-12-31 | $3,763 | $3,763 | $3,763 | |
| EMBECTA CORP COM | P | 2021-10-18 | 2022-06-07 | $138 | $1 | $1 | $137 |
| KOVITZ 6685 | P | 2021-12-31 | 2022-12-31 | $51,706 | $20,889 | $20,889 | $30,817 |
| FIDELITY 7325 | P | 2021-12-31 | 2022-12-31 | $726,400 | -$45,848 | -$45,848 | $772,248 |
| WFP INCOME FUND LLC | P | 2017-11-03 | 2022-02-25 | $75,000 | $0 | $0 | $75,000 |
| THE OSTERWEIS STRATEGIC INCOME FUND | P | 2021-12-31 | 2022-12-31 | $32,185 | -$770 | -$770 | $32,955 |
| CAPITAL GAINS DIVIDENDS | P | $208 | $208 | $208 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$21,757 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $2,083 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $2,083 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $2,083 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,920 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $4,080 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $10,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $7,917 | OverpaymentAmt |
| Applied To ES Tax | $2,120 | AppliedToESTaxAmt |
| Refund | $5,797 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | KEVIN SULLIVAN | IndividualWithBooksNm |
| Phone | 3126611434 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 N CLARK ST | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| RICHARD L BAYLESS | ||||||||
| 445 N CLARK ST | CHICAGO | IL | 60610 | TREASURER | 1.00 | $0 | $0 | $0 |
| DEANN BAYLESS | ||||||||
| 445 N CLARK ST | CHICAGO | IL | 60610 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| LANE BAYLESS SULLIVAN | ||||||||
| 2164 N CLAIREMONT 2F | CHICAGO | IL | 60647 | SECRETARY | 1.00 | $0 | $0 | $0 |
| KEVIN SULLIVAN | ||||||||
| 2164 N CLAIREMONT 2F | CHICAGO | IL | 60647 | DIRECTOR | 1.00 | $24,581 | $0 | $0 |
| MELISSA CAMERON | ||||||||
| 445 N CLARK ST | CHICAGO | IL | 60610 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $4,998,421 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $183,982 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $5,182,403 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $5,182,403 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $77,736 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $5,104,667 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $255,233 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $255,233 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $2,083 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $2,083 | TotalTaxAmt |
| Distributable Before Adj | $253,150 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $253,150 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $253,150 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $369,527 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $369,527 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $253,150 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $32,692 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $212,139 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $138,512 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $383,343 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $369,527 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $253,150 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $116,377 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $499,720 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $499,720 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $32,692 | ExcessFromYear3Amt |
| Excess From Year2 | $212,139 | ExcessFromYear2Amt |
| Excess From Year1 | $138,512 | ExcessFromYear1Amt |
| Excess From Current Year | $116,377 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | RICHARD L BAYLESS | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CHICAGO ACADEMY FOR THE ARTS | ||||||
| 1010 W CHICAGO AVE | CHICAGO | IL | 60642 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $10,150 |
| MUSIC THEATRE WORKS | ||||||
| 516 4TH ST | WILMETTE | IL | 60091 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $25,000 |
| SHATTERED GLOBE THEATRE | ||||||
| 4222 N RAVENSWOOD AVE STE 207 | CHICAGO | IL | 60613 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $50,000 |
| THEATRE WIT | ||||||
| 1229 W BELMONT AVE | CHICAGO | IL | 60657 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $50,000 |
| LOOKINGGLASS THEATRE COMPANY | ||||||
| 821 MICHIGAN AVE | CHICAGO | IL | 60611 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $2,500 |
| JACKALOPE THEATRE COMPANY | ||||||
| 5917 N BROADWAY | CHICAGO | IL | 60660 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $50,000 |
| PORCHLIGHT MUSIC THEATRE | ||||||
| 1016 N DEARBORN ST | CHICAGO | IL | 60610 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $5,000 |
| FILAMENT THEATRE | ||||||
| 4041 N MILWAUKEE AVE | CHICAGO | IL | 60641 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $50,000 |
| INDUSTRIAL COUNCIL OF NEARWEST CHICAGO (ICNC) | ||||||
| 320 N DAMEN AVE FIRST FLOOR | CHICAGO | IL | 60612 | NONE | TO PROMOTE, ENCOURAGE, AND SUPPORT THE EXPRESSION OR APPLICATION OF HUMAN CREATIVE SKILL AND IMAGINATION THROUGH ALL FORMS OF THE ARTS, INCLUDING LITERATURE, PERFORMING ARTS, VISUAL ARTS, MEDIA ARTS, AND CULINARY ARTS. | $126,877 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $369,527 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $163,515 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,887 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$21,757 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $160,645 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $160,645 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | 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 | RICK DEANN BAYLESS | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 445 N CLARK ST | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $123,268 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 1253.997 SHARES IJR AT $70.17 PER SHARE | NoncashPropertyDesc |
| Fair Market Value | $123,268 | FairMarketValueAmt |
| Received | 2022-12-13 | ReceivedDt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FIDELITY INVESTMENTS | FMV | $4,778,355 | $4,404,083 |
| KOVITZ SECURITIES | FMV | $259,067 | $307,824 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| INVESTMENT FEES | $11,688 | $11,688 | $0 | $0 |
| FILING FEES | $115 | $0 | $0 | $0 |
| PAYROLL FEES | $2,179 | $0 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INCOME | $474 | $474 |
| FEDERAL TAX REFUND | $18,413 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| FOREIGN TAXES PAID | $2,471 | $2,471 | $0 | $0 |
| PAYROLL TAXES | $1,880 | $0 | $0 | $0 |
| FEDERAL TAX | $1,814 | $0 | $0 | $0 |
Comments