GERALD A & KAREN KOLSCHOWSKY FOUNDATION INC: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- GERALD A & KAREN KOLSCHOWSKY FOUNDATION INC (EIN 36-3505302)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-08-28
- IRS object ID
- 202332409349100013
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-08-28T08:14:54-07:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363736640 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Smith & Cull Ltd | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 230 W Monroe Street Suite 2540 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 363505302 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GERALD A & KAREN A KOLSCHOWSKY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION INC | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GERA | BusinessNameControlTxt |
| Phone | 6309692000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5235 WALNUT AVENUE STE 1 | AddressLine1Txt |
| City | DOWNERS GROVE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60515 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY J KOLSCHOWSKY | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2023-08-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | TIMOTHY J | PersonFirstNm |
| Person Last | KOLSCHOWSKY | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK A CULL | PreparerPersonNm |
| PTIN | P00523257 | PTIN |
| Phone | 3124441776 | PhoneNum |
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 |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| 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 | $38,018,947 | 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 | $5,750,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $164,079 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $164,079 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $164,079 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $429,009 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $429,009 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $429,009 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$47,499 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,233,568 | GrossSalesPriceAmt |
| Total Rev And Expnss | $6,295,589 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $593,088 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $593,088 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $91,550 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $9,155 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $82,395 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,659 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $966 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,693 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $127,866 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $12,787 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $115,079 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $4,444 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $4,000 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $5,995 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $600 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,395 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $163,105 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $16,310 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $146,795 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $402,619 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $39,818 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $362,357 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $9,727,525 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $9,727,525 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $10,130,144 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $39,818 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $10,089,882 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,834,555 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $553,270 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $593,088 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $25,673,536 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,888,516 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,890,203 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,693,109 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,605,965 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,986,225 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $5,266,836 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $25,295,866 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $24,142,519 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $40,633,481 | TotalAssetsBOYAmt |
| Total Assets EOY | $36,790,347 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $38,018,947 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $35 | AccountsPayableBOYAmt |
| Loans From Officers BOY | $141,470 | LoansFromOfficersBOYAmt |
| Loans From Officers EOY | $132,926 | LoansFromOfficersEOYAmt |
| Total Liabilities BOY | $141,505 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $132,926 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $40,491,976 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $36,657,421 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $40,491,976 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $36,657,421 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $40,633,481 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $36,790,347 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $40,491,976 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,834,555 | ExcessRevenueOverExpensesAmt |
| Subtotal | $36,657,421 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $36,657,421 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| 1546 JPMORGAN BETABUILDERS EURPOPE ETF | P | 2022-01-01 | 2022-06-21 | $71,153 | $93,057 | -$21,904 | -$21,904 |
| 9948.835 SIX CIRCLES CREDIT OPPORT | P | 2021-05-20 | 2022-02-22 | $98,394 | $102,175 | -$3,781 | -$3,781 |
| 2023 VANGUARD SHORT-TERM BOND ETF | P | 2022-01-01 | 2022-01-28 | $162,549 | $167,340 | -$4,791 | -$4,791 |
| 728 VANGUARD SHORT-TERM BOND ETF | P | 2021-07-22 | 2022-02-22 | $57,702 | $59,951 | -$2,249 | -$2,249 |
| 1834 VANGUARD SHORT-TERM BOND ETF | P | 2021-07-22 | 2022-03-25 | $142,570 | $151,030 | -$8,460 | -$8,460 |
| 1337 VANGUARD SHORT-TERM BOND ETF | P | 2021-07-22 | 2022-06-17 | $101,864 | $110,102 | -$8,238 | -$8,238 |
| 396.735 FIDELITY 500 INDEX-INST PRM | P | 2000-01-01 | 2022-05-04 | $59,264 | $41,190 | $18,074 | $18,074 |
| 729.536 FIDELITY INDEX FUND | P | 2020-03-06 | 2022-10-06 | $95,219 | $75,449 | $19,770 | $19,770 |
| 5 JPMORGAN BETABUILDERS EUROPE ETF | P | 2021-05-20 | 2022-06-21 | $230 | $296 | -$66 | -$66 |
| 1405 JPMORGAN BETABUILDERS EUROPE ETF | P | 2021-05-20 | 2022-08-11 | $68,767 | $83,219 | -$14,452 | -$14,452 |
| 53 JPMORGAN BETABUILDERS EUROPE ETF | P | 2021-05-20 | 2022-08-11 | $2,584 | $3,138 | -$554 | -$554 |
| 540 JPMORGAN BETABUILDERS EUROPE ETF | P | 2000-01-01 | 2022-08-11 | $26,319 | $31,151 | -$4,832 | -$4,832 |
| 956 JPMORGAN BETABUILDERS EUROPE ETF | P | 2021-04-23 | 2022-08-11 | $46,652 | $55,108 | -$8,456 | -$8,456 |
| 3013.065 SIX CIRCLES ULTR SHRT DUR | P | 2000-01-01 | 2022-11-15 | $29,468 | $30,199 | -$731 | -$731 |
| 7905.636 SIX CIRLES GLOBAL BOND | P | 2021-05-20 | 2022-06-21 | $70,993 | $79,214 | -$8,221 | -$8,221 |
| 7963.740 VANGUARD TTL BD MKT IND-ADM | P | 2019-02-04 | 2022-11-15 | $75,257 | $83,540 | -$8,283 | -$8,283 |
| 275 VANGUARD SHORT-TERM BOND ETF | P | 2021-05-20 | 2022-06-17 | $20,952 | $22,646 | -$1,694 | -$1,694 |
| 1813.811 VANGUARD TTL INTL BND-ADM | P | 2019-09-24 | 2022-11-15 | $35,170 | $42,715 | -$7,545 | -$7,545 |
| 700000 UNITED STATES TREAS NTS 1.75% DUE 05-15- | P | 2022-01-12 | 2022-05-16 | $700,000 | $700,000 | ||
| 725000 US TREASURY SEC .125% DUE 05-31-2022 | P | 2022-01-12 | 2022-05-31 | $725,000 | $725,000 | ||
| 700000 UNITED STATES TREAS NTS DTD 06-15-2019 1 | P | 2022-01-12 | 2022-06-15 | $700,000 | $700,000 | ||
| 725000 UNITED STATES TREAS NTS .125% DUE 06-30- | P | 2022-01-12 | 2022-06-30 | $725,000 | $724,547 | $453 | $453 |
| 700000 US TREASURY SEC 1.625% 07-15/2022 | P | 2022-01-12 | 2022-07-15 | $700,000 | $700,000 | ||
| 725000 DTD 07/31/2015 2.0% DUE 07-31-2022 | P | 2022-01-12 | 2022-08-01 | $725,000 | $725,000 | ||
| 725000 UNITED STATES OF AMER TREAS NOTES .125% | P | 2022-01-12 | 2022-08-01 | $725,000 | $725,000 | ||
| 50000 WESTPAC BKG CORP 2.8% DUE 01-11-2022 | P | 2017-01-11 | 2022-01-11 | $50,000 | $50,000 | ||
| Capital Gain Dividends | $18,461 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$47,499 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$48,970 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,690 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,690 | SubtotalAmt |
| Tax Based On Investment Income | $7,690 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $12,240 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $12,240 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $4,550 | OverpaymentAmt |
| Applied To ES Tax | $4,550 | 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 | 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 |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TIMOTHY J KOLSCHOWSKY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 6309692000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5235 WALNUT AVENUE STE 1 | AddressLine1Txt |
| City | DOWNERS GROVE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605154064 | 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 | false | 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 |
|---|---|---|---|---|---|---|
| KAREN A KOLSCHOWSKY | ||||||
| 8600 MIDNIGHT PASS ROAD 501 | SARASOTA | FL | 342423817 | Director | 2.00 | $0 |
| GERALD A KOLSCHOWSKY | ||||||
| 8600 MIDNIGHT PASS ROAD 501 | SARASOTA | FL | 342423817 | Director | 2.00 | $0 |
| TIMOTHY J KOLSCHOWSKY | ||||||
| 785 APACHE | LAKE ZURICH | IL | 600472702 | President | 20.00 | $0 |
| MICHAEL J KOLSCHOWSKY | ||||||
| 5329 MAIN STREET 408 | DOWNERS GROVE | IL | 60515 | VP-SEC-TREAS | 0.50 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DLA PIPER LLP | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 75190 | AddressLine1Txt |
| City | BALTIMORE | CityNm |
| State Abbreviation | MD | StateAbbreviationCd |
| ZIP | 21275 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | LEGAL SERVICES | ServiceTypeTxt |
| Compensation | $91,550 | CompensationAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,191,104 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,726,728 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $1,650,094 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $25,567,926 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $25,567,926 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $383,519 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $25,184,407 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,259,220 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,259,220 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,690 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,690 | TotalTaxAmt |
| Distributable Before Adj | $1,251,530 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,251,530 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,251,530 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $10,089,882 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $10,089,882 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,251,530 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $2,538,701 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,862,724 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,735,873 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $3,522,622 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,346,577 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $15,006,497 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $10,089,882 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,251,530 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $8,838,352 | RemainingDistriFromCorpusAmt |
| Total Corpus | $23,844,849 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $2,538,701 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $21,306,148 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,862,724 | ExcessFromYear4Amt |
| Excess From Year3 | $2,735,873 | ExcessFromYear3Amt |
| Excess From Year2 | $3,522,622 | ExcessFromYear2Amt |
| Excess From Year1 | $3,346,577 | ExcessFromYear1Amt |
| Excess From Current Year | $8,838,352 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | GERALD A KOLSCHOWSKY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED SCHEDULE | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | VARIOUS | AddressLine1Txt |
| City | VARIOUS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | UNSPECIFIED CHARITABLE CONTRIBUTIONS | GrantOrContributionPurposeTxt |
| Amt | $9,727,525 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $9,727,525 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $164,079 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $429,009 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$47,499 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $545,589 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $545,589 | 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 | GERALD A KOLSCHOWSKY | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8600 MIDNIGHT PASS ROAD 501 | AddressLine1Txt |
| City | SARASOTA | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 342423817 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,750,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | SMITH & CULL, LTD | CategoryTxt |
| Amt | $9,659 | Amt |
| Net Investment Income | $966 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $8,693 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| JP MORGAN CHASE INVESTMENT ACCOUNT #7005 | $3,441,276 | $4,641,303 |
| NORTHERN TRUST INVESTMENT ACCOUNT #6191 | $6,164,689 | $7,344,922 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| JP MORGAN CHASE #7005 - FIXED INCOME | AT COST | $3,050,680 | $2,666,961 |
| NORTHERN TRUST #6191 - FIXED INCOME | AT COST | $483,525 | $415,259 |
| NORTHERN TRUST #6191 - COMMODITIES | AT COST | $154,216 | $260,820 |
| NORTHERN TRUST #6191 - OTHER | AT COST | $15,158 | |
| NORTHERN TRUST #6191 - REAL ESTATE | AT COST | $332,442 | $332,384 |
| CORE SENIOR LENDING OFFSHORE FUND | AT COST | $193,664 | $185,837 |
| CLARION PRIVATE INVESTORS, LLC | AT COST | $225,819 | $353,774 |
| HPS MEZZANINE PRIVATE INVESTORS | AT COST | $343,889 | $438,406 |
| CORE SENIOR LENDING OFFSHORE FUND II | AT COST | $336,907 | $323,364 |
| ARES PCS II PRIVATE INVESTORS | AT COST | $147,818 | $148,079 |
| VISION OPPORTUNITY TE & NON-US FUND | AT COST | $250,000 | $233,370 |
| NORTHERN TRUST #3531- FIXED INCOME | AT COST | $19,792,064 | $18,784,265 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DLA PIPER, LLP | CategoryTxt |
| Legal Fees | $91,550 | LegalFeesAmt |
| Net Investment Income | $9,155 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $82,395 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $160,213 | $16,021 | $144,192 |
| DUES & SUBSCRIPTIONS | $750 | $75 | $675 |
| FILING FEES | $31 | $3 | $28 |
| MISCELLANEOUS | $1,863 | $186 | $1,677 |
| SUPPLIES | $248 | $25 | $223 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $127,866 | Amt |
| Net Investment Income | $12,787 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $115,079 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAXES | CategoryTxt |
| Amt | $4,444 | Amt |
| Disbursements Charitable Prps | $4,000 | DisbursementsCharitablePrpsAmt |