LEFKOFSKY FAMILY FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- LEFKOFSKY FAMILY FOUNDATION (EIN 20-7066362)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-15
- IRS object ID
- 202323199349109052
- 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
- All Oth Prog Rltd Investments Sch
- Amortization Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-15T17:28:29-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLER COOPER & CO LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1751 Lake Cook Road Suite 400 | AddressLine1Txt |
| City | Deerfield | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60015 | 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 | 207066362 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lefkofsky Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ERIC & ELIZABETH LEFKOFSKY | InCareOfNm |
| Business Name Control | LEFK | BusinessNameControlTxt |
| Phone | 3129067477 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 West Chicago Ave Suite 510 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Eric Lefkofsky | PersonNm |
| Person Title | Officer | PersonTitleTxt |
| Phone | 3129975700 | PhoneNum |
| Signature | 2023-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Eric | PersonFirstNm |
| Person Last | Lefkofsky | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00380249 | PTIN |
| Phone | 8472055000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| 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 | $67,455,104 | 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 | $5,039,185 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $467,919 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $467,919 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $517,317 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $517,317 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$1,616,721 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,467,907 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,958,702 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $222,582 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $222,582 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $4,630,282 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,166,520 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $90,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $90,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $737,910 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $737,910 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $15,905 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $15,905 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,850 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $4,850 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $80,000 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $80,000 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $181,341 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $181,341 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $123,253 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $2,253 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $8,801 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $8,801 | DeprecAndDpltnNetInvstIncmAmt |
| Deprec And Dpltn Adj Net Incm | $0 | DeprecAndDpltnAdjNetIncmAmt |
| Trav Conf Meeting Rev And Expnss | $5,522 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $5,522 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $506,798 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $249,189 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $257,609 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,754,380 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $439,331 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,194,049 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $6,706,256 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $6,706,256 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $8,460,636 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $439,331 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $7,900,305 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$3,830,354 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $9,727,189 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $671,891 | CashBOYAmt |
| Cash EOY | $784,424 | CashEOYAmt |
| Cash EOYFMV | $784,424 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $14,579,687 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $18,788,464 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $18,788,464 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $1,774 | AcctRcvblAmt |
| Acct Rcvbl BOY | $51,653 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $1,774 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $1,774 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $16,541,013 | CorporateStockBOYAmt |
| Corporate Stock EOY | $15,366,450 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,712,858 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $132,008 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $30,803 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $110,006 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $101,205 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $101,205 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $41,008,604 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $33,976,659 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $33,976,659 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $0 | OtherAssetsBOYAmt |
| Other Assets EOY | $89,720 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $89,720 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $72,962,854 | TotalAssetsBOYAmt |
| Total Assets EOY | $69,108,696 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $67,455,104 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $39,594 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $15,790 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $39,594 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $15,790 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $72,923,260 | CapitalStockBOYAmt |
| Capital Stock EOY | $69,092,906 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $72,923,260 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $69,092,906 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $72,962,854 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $69,108,696 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $72,923,260 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$3,830,354 | ExcessRevenueOverExpensesAmt |
| Subtotal | $69,092,906 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $69,092,906 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|
| 24,548 SHS KEURIG DR PEPPER INC CMN | $868,177 | $600,280 | $267,897 | $267,897 |
| 483,306 SHS IG GROUP HOLDINGS | $4,907,821 | $4,853 | $4,902,968 | $4,902,968 |
| 104 BITCOINS | $4,832,590 | $904,072 | $3,928,518 | $3,928,518 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,958,702 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $135,208 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $135,208 | SubtotalAmt |
| Tax Based On Investment Income | $135,208 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $90,854 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $45,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $135,854 | TotalPaymentsAndCreditsAmt |
| Overpayment | $646 | OverpaymentAmt |
| Applied To ES Tax | $646 | 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 | www.lefkofskyfoundation.com | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC & ELIZABETH LEFKOFSKY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3129067477 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 WEST CHICAGO AVE SUITE 510 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| ERIC P LEFKOFSKY | ||||||||
| 600 West Chicago Ave Suite 510 | Chicago | IL | 60654 | TRUSTEE | 0 | $0 | $0 | $0 |
| ELIZABETH KRAMER LEFKOFSKY | ||||||||
| 600 West Chicago Ave Suite 510 | Chicago | IL | 60654 | TRUSTEE | 0 | $90,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| RACHEL GRAHAM | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | DIRECTOR | 40.0 | $150,000 |
| ERICA FAULKNER | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | MANAGER | 40.0 | $98,000 |
| KRISTEN NGUYEN | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | MANAGER | 40.0 | $91,500 |
| ELIZABETH LEFKOFSKY | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | EXECUTIVE DIRECTOR | 40.0 | $90,000 |
| SHAUNTEL VAUGHN | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | MANAGER | 40.0 | $87,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $2,820,241 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,775,703 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,595,944 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $16,595,944 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $248,939 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,347,005 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $817,350 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $817,350 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $135,208 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $135,208 | TotalTaxAmt |
| Distributable Before Adj | $682,142 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $682,142 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $682,142 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $7,900,305 | 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 | $7,900,305 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $682,142 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2020 | PriorYear1Yr |
| Prior Year2 | 2019 | PriorYear2Yr |
| Prior Year3 | 2018 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $5,738,643 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $6,615,324 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $4,943,087 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $5,611,179 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $3,440,386 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $26,348,619 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $7,900,305 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $682,142 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $7,218,163 | RemainingDistriFromCorpusAmt |
| Total Corpus | $33,566,782 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $5,738,643 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $27,828,139 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $6,615,324 | ExcessFromYear4Amt |
| Excess From Year3 | $4,943,087 | ExcessFromYear3Amt |
| Excess From Year2 | $5,611,179 | ExcessFromYear2Amt |
| Excess From Year1 | $3,440,386 | ExcessFromYear1Amt |
| Excess From Current Year | $7,218,163 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ERIC LEFKOFSKY ELIZABETH LEFKOFSKY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED STATEMENT OF CONTRIBUTIONS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 West Chicago Ave Suite 510 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $6,706,256 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $6,706,256 | 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 |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $985,236 | 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 Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $222,582 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$1,616,721 | 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 | -$408,903 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$408,903 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Black Media LLC | |||||||
| 1 | 600 WEST CHICAGO AVE SUITE 510 | CHICAGO | IL | 60654 | $4,989,185 | Yes (X) | |
| Sandra Lefkofsky | |||||||
| 2 | 3319 Bloomfield Shore Drive | West Bloomfield | MI | 48323 | $50,000 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 525,000 Shares of IG Group Holdings plc Publicly Traded Securities | NoncashPropertyDesc |
| Fair Market Value | $4,989,185 | FairMarketValueAmt |
| Received | 2022-12-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,850 | Amt |
| Disbursements Charitable Prps | $4,850 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | DOMAIN NAME | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2019-07-11 | AcquiredCompletedOrExpendedDt |
| Amortized | $132,008 | AmortizedAmt |
| Deduction For Prior Years | $22,002 | DeductionForPriorYearsAmt |
| Amortization Period | 15.0 | AmortizationPeriodRt |
| Current Year Amortization | $8,801 | CurrentYearAmortizationAmt |
| Total Amortization | $30,803 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| EXICURE | $180,000 | $2,300 |
| ISTARI ONCOLOGY INC | $912,573 | $912,573 |
| GROUPON | $3,305,320 | $1,829,428 |
| IG GROUP HOLDINGS PLC | $9,168,557 | $9,168,557 |
| PATHOS AI INC | $1,800,000 | $1,800,000 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DOMAIN NAME | CategoryOrItemTxt |
| Cost Or Other Basis | $132,008 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $30,803 | AccumulatedDepreciationAmt |
| Book Value | $101,205 | BookValueAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (8 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BDT CAPITAL PARTNERS II | AT COST | $4,238,722 | $4,238,722 |
| IMPACT ENGINE IV | AT COST | $75,255 | $75,255 |
| SERIES G INVESTMENTS | AT COST | $11,351,565 | $11,351,565 |
| 346 SHORT | AT COST | $18,087,339 | $18,087,339 |
| ART EXPOSITIONS | AT COST | $61,674 | $61,674 |
| RH CAPITAL FUND II | $52,104 | $52,104 | |
| BITCOIN | $0 | $0 | |
| RH CAPITAL FUND I | $110,000 | $110,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $15,905 | LegalFeesAmt |
| Disbursements Charitable Prps | $15,905 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER RECEIVABLE | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $89,720 | EOYBookValueAmt |
| EOYFMV | $89,720 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (33 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OFFICE SUPPLIES | $1,991 | $1,991 | |
| COMPUTER & INTERNET | $12,334 | $12,334 | |
| MISCELLANEOUS EXPENSES | $961 | $961 | |
| PASS-THROUGH EXPENSES FROM BDT | |||
| CAPITAL PARTNERS FUND II (TE) | |||
| FEIN: 30-0832885 | $90,889 | $90,889 | |
| PASS-THROUGH EXPENSES FROM | |||
| IMPACT ENGINE IV, LLC | |||
| FEIN: 47-4070307 | $444 | $444 | |
| DUES AND SUBSCRIPTIONS | $2,121 | $2,121 | |
| RENT EXPENSE | $65,929 | $65,929 | |
| SUCCESS BOUND EXPENSES | $159,600 | $159,600 | |
| PASS-THROUGH EXPENSES FROM | |||
| 346 SHORT, LLC | |||
| FEIN: 47-5537311 | $146,659 | $146,659 | |
| PASS-THROUGH EXPENSES FROM | |||
| FUND II-A SPIRITS, LP | |||
| FEIN: 83-1066369 | $380 | $380 | |
| POSTAGE AND DELIVERY | $863 | $863 | |
| ADVERTISING | $8,537 | $8,537 | |
| ISNURANCE EXPENSE | $5,273 | $5,273 | |
| PASS-THROUGH EXPENSES FROM | |||
| ART EXPOSITIONS LLC | |||
| FEIN: 30-0684317 | $93 | $93 | |
| PASS-THROUGH EXPENSES FROM | |||
| RH CAPITAL FUND II, LP | |||
| FEIN: 84-5161479 | $8,275 | $8,275 | |
| PASS-THROUGH EXPENSES FROM | |||
| TEMPUS SERIES G INVESTMENTS | |||
| FEIN: 83-4546599 | $1,015 | $1,015 | |
| PASS-THROUGH EXPENSES FROM | |||
| RH CAPITAL FUND I, LP | |||
| FEIN: 83-4541859 | $1,434 | $1,434 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BDT CAPITAL PARTNERS FUND II PORTFOLIO | -$55,291 | -$55,291 |
| 346 SHORT - OTHER INCOME | $18,660 | $18,660 |
| 346 SHORT - OTHER ORDINARY INCOME | $229,183 | $229,183 |
| ART EXPOSITIONS - OTHER ORDINARY INCOME | $30,030 | $30,030 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AMERICAN EXPRESS PAYABLE | Desc |
| BOY Book Value | $39,594 | BOYBookValueAmt |
| EOY Book Value | $15,790 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $80,000 | Amt |
| Disbursements Charitable Prps | $80,000 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER TAXES | CategoryTxt |
| Amt | $123,253 | Amt |
| Disbursements Charitable Prps | $2,253 | DisbursementsCharitablePrpsAmt |
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