KAREN AND JASON SUSSMAN FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization: KAREN AND JASON SUSSMAN FAMILY FOUNDATION (EIN 27-3586426)
Tax period: 2021-01-01 to 2021-12-31
Filed: 2022-05-12
IRS object ID: 202221329349102702
Schema version: 2021v4.2
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
Depreciation Schedule
Investments Corp Stock Schedule
Investments Other Schedule2
Other Expenses Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-12T12:10:23-05:00	ReturnTs
Tax Period End	2021-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BDO USA LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	9500 Bryn Mawr Ave Suite 300	AddressLine1Txt
City	Rosemont	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60018	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2021-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	273586426	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	Karen and Jason Sussman Family Foundation	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% JASON SUSSMAN	InCareOfNm
Business Name Control	KARE	BusinessNameControlTxt
Phone	8479248669	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	4485 Normandy Court	AddressLine1Txt
City	Long Grove	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60047	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JASON SUSSMAN TREASURER	PersonNm
Person Title	TREASURER	PersonTitleTxt
Phone	8479248669	PhoneNum
Signature	2022-05-15	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	JASON SUSSMAN	PersonFirstNm
Person Last	TREASURER	PersonLastNm

Field	Value	IRS element (for citing)
SSN	XXX-XX-XXXX	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	Michael J Dean	PreparerPersonNm
PTIN	P00540379	PTIN
Phone	8476762000	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	2021	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$1,014,324	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	$142,415	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$4	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$4	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$17,736	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$17,736	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$163,707	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$163,707	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$163,707	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$323,862	TotalRevAndExpnssAmt
Total Net Invst Incm	$181,447	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Accounting Fees Rev And Expnss	$1,750	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$875	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$875	AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss	$1,259	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$25	OtherExpensesRevAndExpnssAmt
Other Expenses Dsbrs Chrtbl	$25	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$3,034	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$875	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$900	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$47,465	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$47,465	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$50,499	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$875	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$48,365	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$273,363	ExcessRevenueOverExpensesAmt
Net Investment Income	$180,572	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$36,413	CashBOYAmt
Cash EOY	$38,322	CashEOYAmt
Cash EOYFMV	$38,322	CashEOYFMVAmt
Corporate Stock BOY	$70,768	CorporateStockBOYAmt
Corporate Stock EOY	$39,118	CorporateStockEOYAmt
Corporate Stock EOYFMV	$120,005	CorporateStockEOYFMVAmt
Other Investments BOY	$238,143	OtherInvestmentsBOYAmt
Other Investments EOY	$541,247	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$855,997	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$345,324	TotalAssetsBOYAmt
Total Assets EOY	$618,687	TotalAssetsEOYAmt
Total Assets EOYFMV	$1,014,324	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$345,324	RetainedEarningBOYAmt
Retained Earning EOY	$618,687	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$345,324	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$618,687	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$345,324	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$618,687	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$345,324	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$273,363	ExcessRevenueOverExpensesAmt
Subtotal	$618,687	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$618,687	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
970 SHS ARK INNOVATION ETF	2020-03-26	2021-02-10	$152,406	$44,570	$107,836	$107,836
5665 SHS SP500 CLIRN ISSUER BOFA	2019-02-21	2021-02-26	$65,657	$56,650	$9,007	$9,007
CAPITAL GAIN DIVIDENDS					$46,864		P
CAPITAL GAIN DIVIDENDS					$46,864		P

Field	Value	IRS element (for citing)
Capital Gain Net Income	$163,707	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$2,510	InvestmentIncomeExciseTaxAmt
Subtotal	$2,510	SubtotalAmt
Tax Based On Investment Income	$2,510	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$640	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$640	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Tax Due	$1,870	TaxDueAmt

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	JASON SUSSMAN	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8479248669	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	4485 NORMANDY COURT	AddressLine1Txt
City	Long Grove	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60047	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
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
Karen Sussman
4485 Normandy Court	Long Grove	IL	60047	President	0.5	$0	$0	$0
Jason Sussman
4485 Normandy Court	Long Grove	IL	60047	Vice President, Treasurer	0.5	$0	$0	$0

Field	Value	IRS element (for citing)
Summary Of Direct Chrtbl Acty		SummaryOfDirectChrtblActyGrp
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$770,682	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$41,175	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$811,857	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$811,857	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$12,178	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$799,679	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$39,984	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$39,984	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$2,510	TaxBasedOnInvestmentIncomeAmt
Total Tax	$2,510	TotalTaxAmt
Distributable Before Adj	$37,474	DistributableBeforeAdjAmt
Distributable Before Ded	$37,474	DistributableBeforeDedAmt
Distributable As Adjusted	$37,474	DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$48,365	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	$48,365	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$37,474	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2019	PriorYear1Yr
Prior Year2	2018	PriorYear2Yr
Prior Year3	2017	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$44,918	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$59,706	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$61,735	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$48,438	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$49,138	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$263,935	TotalExcessDistributionCyovAmt
Qualifying Distributions	$48,365	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$37,474	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$10,891	RemainingDistriFromCorpusAmt
Total Corpus	$274,826	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5	$44,918	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$229,908	ExcessDistriCyovToNextYrAmt
Excess From Year4	$59,706	ExcessFromYear4Amt
Excess From Year3	$61,735	ExcessFromYear3Amt
Excess From Year2	$48,438	ExcessFromYear2Amt
Excess From Year1	$49,138	ExcessFromYear1Amt
Excess From Current Year	$10,891	ExcessFromCurrentYearAmt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	KAREN JASON SUSSMAN	ContributingManagerNm

Application Submission Info ApplicationSubmissionInfoGrp

Field	Value	IRS element (for citing)
Recipient Person	KAREN JASON SUSSMAN	RecipientPersonNm

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	4485 NORMANDY COURT	AddressLine1Txt
City	LONG GOVE	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60047	ZIPCd

Field	Value	IRS element (for citing)
Recipient Phone	8479248669	RecipientPhoneNum
Form And Info And Materials	None	FormAndInfoAndMaterialsTxt
Submission Deadlines	None	SubmissionDeadlinesTxt
Restrictions On Awards	None	RestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt	Address Line2RecipientUSAddress/AddressLine2Txt
United States Holocaust Memorial Museum
100 Raoul Wallenberg Place SW	Washington	DC	200242126	None	PC	To enhance the purpose of the organization	$500
St Jude Children's Research Hospital
501 St Jude Place	Memphis	TN	38105	None	PC	To enhance the purpose of the organization	$7,500
North Shore University Health System
777 Park Avenue West	Highland Park	IL	60035	None	PC	To enhance the purpose of the organization	$1,900	Suite 1264
Breast Cancer Research Foundation
28 West 44th Street	New York	NY	10036	None	PC	To enhance the purpose of the organization	$250	Suite 609
Cancer Wellness Center
215 Revere Drive	Northbrook	IL	60062	None	PC	To enhance the purpose of the organization	$1,200
Hazelden Betty Ford Foundation
PO Box 11	Center City	MN	55012	None	PC	To enhance the purpose of the organization	$1,500	OS 3
Jewish United Fund of Metropolitan Chicago
Ben Gurlon Way	Chicago	IL	606065056	None	PC	To enhance the purpose of the organization	$12,500	30 South Wells Street
Living Beyond Breast Cancer
40 Monument Road	Bala Cynwyd	PA	19004	None	PC	To enhance the purpose of the organization	$50	Suite 104
Southern Poverty Law Center
400 Washington Avenue	Montgomery	AL	361022390	None	PC	To enhance the purpose of the organization	$500	PO Box 2390
The ARK
6450 N California Avenue	Chicago	IL	60645	None	PC	To enhance the purpose of the organization	$1,800
Chicago Public Media Inc (WBEZ)
848 East Grand Ave	Chicago	IL	606113509	None	PC	To enhance the purpose of the organization	$365
Cistyc Fibrosis Foundation
150 N Michigan Ave	Chicago	IL	60601		PC	To enhance the purpose of the organization	$200	Ste 1550
Karen Dove Cabral Foundation
2350 Chestnut Ave 202	Glenview	IL	60026	NONE	PC	To enhance the purpose of the organization	$200
LifeBridge Health
2401 W Belvedere Avenue	Baltimore	MD	21215	NONE	PC	To enhance the purpose of the organization	$1,000
AM YISRAEL
4 HAPP ROAD	NORTHFIELD	IL	60093	NONE	PC	To enhance the purpose of the organization	$18,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$47,465	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

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$4	ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$17,736	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

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$163,707	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	$181,447	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$181,447	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	KAREN AND JASON SUSSMAN	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	4485 NORMANDY COURT	AddressLine1Txt
City	LONG GROVE	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60047	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$142,415	TotalContributionsAmt
Noncash Contribution	Yes (X)	NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

Field	Value	IRS element (for citing)
Contributor	1	ContributorNum
Noncash Property	17,560 shares of FT Unit 8474 Capital Strength	NoncashPropertyDesc
Fair Market Value	$252,832	FairMarketValueAmt
Received	2021-12-07	ReceivedDt

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$1,750	Amt
Net Investment Income	$875	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$875	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
28 SHS - AMAZON.COM INC	$14,118	$93,361
5,000 SHS - SP500 CLIRN ISSUER	$0	$0
1,500 SHS - R2000 ARNS ISSUER	$15,000	$15,599
1,000 SHS - SP500 ARNS ISSUER	$10,000	$11,045

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (7 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
2392.7 SHS - COLUMBIA SELIGMAN	AT COST	$58,210	$114,325
1,770 SHS - LORD ABBETT GROWTH	AT COST	$51,844	$71,143
2,028 SHS - ARK INNOVATION ETF	AT COST	$93,091	$191,639
17560 SHS FT UNIT 8474 CAP	AT COST	$142,415	$259,080
3831 SHS - COLUMBIA DIVIDEND		$103,141	$121,060
1,791 SHS - LORD ABBETT GROWTH		$77,118	$62,674
494.59 SHS - COLUMBIA SELIGMAN		$15,428	$36,076

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Field	Value	IRS element (for citing)
Desc	STATE REGISTRATION FEES	Desc
Revenue And Expenses Per Books	$25	RevenueAndExpensesPerBooksAmt
Disbursements Charitable Prps	$25	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FEDERAL EXCISE TAX	CategoryTxt
Amt	$1,259	Amt

KAREN AND JASON SUSSMAN FAMILY FOUNDATION: Form 990PF, tax year 2021

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Preparer Person PreparerPersonGrp

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (4 entries)

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Persons With Books Name PersonsWithBooksName

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

PF Qualifying Distributions PFQualifyingDistributionsGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

Recipient US Address RecipientUSAddress

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

Contributor US Address ContributorUSAddress

Non Cash Property Contribution NonCashPropertyContributionGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Depreciation Schedule DepreciationSchedule

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (7 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

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