HESED FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- HESED FOUNDATION (EIN 36-4158247)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-05-15
- IRS object ID
- 202541359349100439
- Schema version
- 2024v5.1
- 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
- Accounting Fees Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- 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 | 2025-05-15T07:34:26-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 271180831 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CERITY PARTNERS | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 PUBLIC SQUARE 2700 | AddressLine1Txt |
| City | CLEVELAND | CityNm |
| State Abbreviation | OH | StateAbbreviationCd |
| ZIP | 44113 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364158247 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HESED FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O CERITY PARTNERS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HESE | BusinessNameControlTxt |
| Phone | 3127153802 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 S CANAL ST 44TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEPHANIE S CHOO | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3127153802 | PhoneNum |
| Signature | 2025-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MATTHEW WOJTOWICZ CPA | PreparerPersonNm |
| PTIN | P00969025 | PTIN |
| Phone | 2164646266 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $12,841,678 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $43 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $43 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $296,654 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $296,654 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $126,669 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $366,334 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $126,669 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $212 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $180 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $423,578 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $423,546 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | 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 |
| Accounting Fees Rev And Expnss | $2,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,200 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,200 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,351 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,351 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $7,387 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $387 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $126 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $126 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $28,264 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $19,938 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,326 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $378,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $378,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $406,264 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $19,938 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $379,326 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $17,314 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $403,608 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $211,095 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $193,224 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $193,224 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $280,505 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $280,505 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $286,122 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $8,565,628 | CorporateStockBOYAmt |
| Corporate Stock EOY | $8,365,756 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $11,855,907 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $310,916 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $535,874 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $504,242 | CorporateBondsEOYFMVAmt |
| Other Assets BOY | $2,084 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,183 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,183 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $9,370,228 | TotalAssetsBOYAmt |
| Total Assets EOY | $9,377,542 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,841,678 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $10,000 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $10,000 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $9,360,228 | CapitalStockBOYAmt |
| Capital Stock EOY | $9,377,542 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,360,228 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $9,377,542 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,370,228 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $9,377,542 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,360,228 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $17,314 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $9,377,542 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $9,377,542 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $340,757 | $239,665 | $101,092 | $101,092 |
| CAPITAL GAINS DIVIDENDS | P | $25,577 | $25,577 | $25,577 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $126,669 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,610 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,610 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,610 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,626 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,626 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $7 | EsPenaltyAmt |
| Tax Due | $1,991 | TaxDueAmt |
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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3127153802 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 320 S CANAL ST 44TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| STEPHANIE S CHOO | ||||||||
| 12 LANCASTER ST | CAMBRIDGE | MA | 02140 | PRESIDENT/SECRETARY/DIRECTOR | 0.00 | $0 | $0 | $0 |
| CYNTHIA S DOUGLASS | ||||||||
| 5688 COLLEGE PLACE | BOULDER | CO | 80303 | VICE PRESIDENT/DIRECTOR | 0.00 | $0 | $0 | $0 |
| PETER W CHOO | ||||||||
| 12 LANCASTER ST | CAMBRIDGE | MA | 02140 | TREASURER/DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,834,862 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $194,971 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $13,029,833 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $13,029,833 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $195,447 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,834,386 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $641,719 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $641,719 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,610 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,610 | TotalTaxAmt |
| Distributable Before Adj | $636,109 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $636,109 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $636,109 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $379,326 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $379,326 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $636,109 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $25,659 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $125,387 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $151,046 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $379,326 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $379,326 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $151,046 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $151,046 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $105,737 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEPHANIE S CHOO | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| FRIENDS OF ASHA USA | |||||||
| 15 NOTRE DAME AVE | CAMBRIDGE | MA | 02140 | NONE | PUBLIC | GENERAL | $10,000 |
| LEADERSHIP TRANSFORMATIONS INC | |||||||
| 130 ESSEX STREET | SOUTH HAMILTON | MA | 01982 | NONE | PUBLIC | GENERAL | $15,000 |
| LIFE WORK DIRECTION | |||||||
| 32 HALIFAX STREET | JAMAICA PLAIN | MA | 02130 | NONE | PUBLIC | GENERAL | $15,000 |
| MCE SOCIAL CAPITAL | |||||||
| 5758 GEARY BLVD 261 | SAN FRANCISCO | CA | 94121 | NONE | PUBLIC | GENERAL | $10,000 |
| PARTNERS IN HEALTH | |||||||
| 800 BOYLSTON STREET SUITE 300 | BOSTON | MA | 02199 | NONE | PUBLIC | GENERAL | $10,000 |
| PAX CENTER | |||||||
| 605 WASHINGTON ST | LA PORTE | IN | 46350 | NONE | PUBLIC | GENERAL | $10,000 |
| PRESIDENTS AND FELLOWS OF HARVARD COLLEGE | |||||||
| MASSACHUSETTS HALL | CAMBRIDGE | MA | 02138 | NONE | PUBLIC | GENERAL | $20,000 |
| REBUILD AFRICA | |||||||
| 38 PORTER ROAD | CAMBRIDGE | MA | 02410 | NONE | PUBLIC | GENERAL | $23,000 |
| RESERVOIR CHURCH | |||||||
| 170 RINDGE AVE | CAMBRIDGE | MA | 02410 | NONE | PUBLIC | GENERAL | $160,000 |
| VILLAGE ENTERPRISE | |||||||
| 1180 SAN CARLOS AVE 222 | SAN CARLOS | CA | 94070 | NONE | PUBLIC | GENERAL | $10,000 |
| NETWORK OF ENGAGED INTERNATIONAL DONORS | |||||||
| 131 DARTMOUTH ST | BOSTON | MA | 02116 | NONE | PUBLIC | GENERAL | $2,000 |
| FOURTH PRESBYTERIAN CHURCH | |||||||
| 126 E CHESTNUT ST | CHICAGO | IL | 60611 | NONE | PUBLIC | GENERAL | $7,000 |
| FRIENDS OF BARRINGTON'S WHITE HOUSE | |||||||
| 145 W MAIN ST | BARRINGTON | IL | 60010 | NONE | PUBLIC | GENERAL | $3,000 |
| CANINE THERAPY CORPS | |||||||
| 3918 W FULLERTON AVE | CHICAGO | IL | 60647 | NONE | PUBLIC | GENERAL | $5,000 |
| MOSAIC CENTER FOR SPIRITUAL FORMATION | |||||||
| PO BOX 430128 | HOUSTON | TX | 77243 | NONE | PUBLIC | GENERAL | $8,000 |
| FOUNDATION FOR SELF LEADERSHIP | |||||||
| PO BOX 5730 | HILLSBOROUGH | NJ | 08844 | NONE | PUBLIC | GENERAL | $25,000 |
| HAP FOUNDATION | |||||||
| 18W140 BUTTERFIELD RD SUITE 1120 | OAKBROOK TERRACE | IL | 60181 | NONE | PUBLIC | GENERAL | $5,000 |
| SOCIETY OF ST JOHN THE EVANGELIST | |||||||
| 980 MEMORIAL DR | CAMBRIDGE | MA | 02138 | NONE | PUBLIC | GENERAL | $10,000 |
| THE GEORGE WASHINGTON UNIVERSITY | |||||||
| 2121 I ST NW | WASHINGTON | DC | 20052 | NONE | PUBLIC | GENERAL | $25,000 |
| JOHNS HOPKINS UNIVERSITY | |||||||
| 3400 N CHARLES STREET | BALTIMORE | MD | 21218 | NONE | PUBLIC | GENERAL | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $378,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $43 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $296,654 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $212 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $126,669 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $423,578 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $423,578 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CERITY PARTNERS - TAX PREPARATION | CategoryTxt |
| Amt | $2,400 | Amt |
| Net Investment Income | $1,200 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $1,200 | DisbursementsCharitablePrpsAmt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (3 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BAIRD AGGREGATE BOND FUND INSTL (BAGIX) (34,658.81 SHARES) | $358,443 | $334,458 |
| BLACKROCK HIGH YIELD BOND INSTITUTIONAL (BHYIX) (20,110.29 SHARES) | $150,258 | $142,783 |
| FULCRUM DIVRS ABSOL RETURN SUPER INSTL (FARYX) (2,890.86 SHARES) | $27,173 | $27,001 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (17 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| NVIDIA CORPORATION COM (NVDA) (1,470 SHARES) | $1,692 | $197,406 |
| AMG GW&K SMALL/MID CAP FUND CLASS I (GWGIX) (1,972.50 SHARES) | $31,951 | $37,399 |
| JOHCM INTERNATIONAL SELECT INSTL (JOHIX) (1,806.95 SHARES) | $42,136 | $41,253 |
| LAZARD GLOBAL LISTED INFRASTRUCTE INSTL (GLIFX) (2,399.98 SHARES) | $37,455 | $37,512 |
| NEUBERGER BERMAN LONG SHORT INSTL (NLSIX) (1,522.33 SHARES) | $25,305 | $28,544 |
| T ROWE PRICE INTL DISCOVERY FUND (PRIDX) (655.86 SHARES) | $51,483 | $41,208 |
| VAN ECK EMERGING MARKETS FUND CL I (EMRIX) (2,227 SHARES) | $38,581 | $31,445 |
| VANGUARD MID CAP INDEX ADMIRAL SHS (VIMAX) (119.70 SHARES) | $21,192 | $39,126 |
| VANGUARD SMALL-CAP INDEX ADMIRAL (VSMAX) (319.44 SHARES) | $20,735 | $36,787 |
| SPDR S&P500 ETF TRUST TRUST UNIT (SPY) (498 SHARES) | $51,020 | $291,868 |
| TARGA RES CORPORATION COM (TRGP) (418 SHARES) | $3,156 | $74,613 |
| ISHARES INC CORE EMERGING MARKETS (IEMG) (625 SHARES) | $29,765 | $32,638 |
| NATIXIS FUND TRUST I (ESGYX) (10,074.07 SHARES) | $136,000 | $202,287 |
| ADVISORS INNER CIRCLE FD EDGEWOOD GROWTH (EGFIX) (2,024.23 SHARES) | $106,704 | $89,714 |
| BNY MELLON ADVANTAGE FDS INC DYNAMIC VALUE (DRGVX) (1,878.29 SHARES) | $75,000 | $83,434 |
| ILLINOIS TOOL WKS INC COM (ITW) (41,621 SHARES) | $7,653,790 | $10,553,421 |
| ISHARES TR CORE US REIT ETF (USRT) (650 SHARES) | $39,791 | $37,252 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $280,505 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $286,122 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDENDS RECEIVABLE | $2,084 | $2,183 | $2,183 |
| 3 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| IL ATTORNEY GENERAL FEE | $115 | $0 | $0 | $115 |
| FOUNDATION FILING FEE | $11 | $0 | $0 | $11 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| NONDIVIDEND DISTRIBUTIONS | $32 | $0 | $0 |
| OTHER INVESTMENT INCOME | $180 | $180 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OUTSTANDING CHECKS | Desc |
| BOY Book Value | $10,000 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CERITY PARTNERS - ADVISORY FEES | $15,557 | $15,557 | $0 | $0 |
| OTHER INVESTMENT FEES | $2,794 | $2,794 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| EXCISE TAX | $7,000 | $0 | $0 | $0 |
| FOREIGN TAX | $387 | $387 | $0 | $0 |
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