SANBORN FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
SANBORN FAMILY FOUNDATION (EIN 36-4262020)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-07-29
IRS object ID
202222109349100312
Schema version
2021v4.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-07-29T09:42:21-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363682564PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Tax & Beyond - HalstedBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line13456 S Halsted StAddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60608ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364262020EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1SANBORN FAMILY FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlSANBBusinessNameControlTxt
Phone8472745827PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line156 RENDEZVOUS LANEAddressLine1Txt
CityBARNSTABLECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02360ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROBERT SANBORNPersonNm
Person TitleDirectorPersonTitleTxt
Signature2022-07-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstROBERTPersonFirstNm
Person LastSANBORNPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonScott KrausePreparerPersonNm
PTINP00800380PTIN
Phone8474598850PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$9,894,320FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$5,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$27InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$27InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$27InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$295,822DividendsRevAndExpnssAmt
Dividends Net Invst Incm$295,822DividendsNetInvstIncmAmt
Dividends Adj Net Incm$295,822DividendsAdjNetIncmAmt
Total Rev And Expnss$300,849TotalRevAndExpnssAmt
Total Net Invst Incm$295,849TotalNetInvstIncmAmt
Total Adj Net Incm$295,849TotalAdjNetIncmAmt
Taxes Rev And Expnss$23,334TaxesRevAndExpnssAmt
Taxes Net Invst Incm$4,458TaxesNetInvstIncmAmt
Taxes Adj Net Incm$4,458TaxesAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$23,334TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$4,458TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$4,458TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$450,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$450,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$473,334TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$4,458TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$4,458TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$450,000TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$172,485ExcessRevenueOverExpensesAmt
Net Investment Income$291,391NetInvestmentIncomeAmt
Adjusted Net Income$291,391AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$558,581SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$497,492SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$497,792SavAndTempCashInvstEOYFMVAmt
Rcvbl From Officers BOY$200,000RcvblFromOfficersBOYAmt
Other Investments BOY$3,135,732OtherInvestmentsBOYAmt
Other Investments EOY$3,204,803OtherInvestmentsEOYAmt
Other Investments EOYFMV$9,396,528OtherInvestmentsEOYFMVAmt
Total Assets BOY$3,894,313TotalAssetsBOYAmt
Total Assets EOY$3,702,295TotalAssetsEOYAmt
Total Assets EOYFMV$9,894,320TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$3,894,313NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$3,702,295NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$3,894,313TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$3,702,295TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$3,894,313TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$3,702,295TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$3,894,313TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$172,485ExcessRevenueOverExpensesAmt
Other Increases$467OtherIncreasesAmt
Subtotal$3,722,295SubtotalAmt
Other Decreases$20,000OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$3,702,295TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$4,050InvestmentIncomeExciseTaxAmt
Subtotal$4,050SubtotalAmt
Tax Based On Investment Income$4,050TaxBasedOnInvestmentIncomeAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Es Penalty$96EsPenaltyAmt
Tax Due$4,146TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedfalseSection508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1ROBERT SANBORNBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8472745827PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line156 RENDEZVOUS LANEAddressLine1Txt
CityBARNSTABLECityNm
State AbbreviationMAStateAbbreviationCd
ZIP02360ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
LOUISE SANBORN
927 ROMONA ROADWILMETTEIL60091Director1.00$0
ROBERT SANBORN
927 ROMONA ROADWILMETTEIL60091Director1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$9,123,128AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$675,141AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$9,798,269TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$9,798,269AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$146,974CashDeemedCharitableAmt
Net Vl Noncharitable Assets$9,651,295NetVlNoncharitableAssetsAmt
Minimum Investment Return$482,565MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$482,565MinimumInvestmentReturnAmt
Tax Based On Investment Income$4,050TaxBasedOnInvestmentIncomeAmt
Total Tax$4,050TotalTaxAmt
Distributable Before Adj$478,515DistributableBeforeAdjAmt
Distributable Before Ded$478,515DistributableBeforeDedAmt
Distributable As Adjusted$478,515DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$450,000ExpensesAndContributionsAmt
Qualifying Distributions$450,000QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$478,515DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$262,822ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,039,511ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr1$47,603ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$1,349,936TotalExcessDistributionCyovAmt
Qualifying Distributions$450,000QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$450,000AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$28,515ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$28,515ExcessDistributionCyovAppCYAmt
Total Corpus$1,321,421TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$234,307ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$1,087,114ExcessDistriCyovToNextYrAmt
Excess From Year4$1,039,511ExcessFromYear4Amt
Excess From Year1$47,603ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
BIG SHOULDERS FUND
212 W VAN BURENCHICAGOIL60607NONEUNRESTRICTED$25,000
BRADLEY IMPACT FUND
1249 N FRANKLIN PLACEMILWAUKEEWI53202NONEUNRESTRICTED$10,000
BOXER REBOUND
4915 RINGWOOD ROADRINGWOODIL60072NONEUNRESTRICTED$5,000
CHICAGO BOTANIC GARDEN
1000 LAKE COOK ROADGLENCOEIL60022NONEUNRESTRICTED$5,000
CHICAGO JESUIT ACADEMY
5058 W JACKSON BLVDCHICAGOIL60644NONEUNRESTRICTED$135,000
CHRISTO REY HIGH SCHOOL
1852 W 22ND PLACECHICAGOIL60608NONEUNRESTRICTED$100,000
CHICAGO FIELD MUSEUM
1400 S LAKE SHORE DRCHICAGOIL60605NONEUNRESTRICTED$5,000
GIFT OF ADOPTION
P O BOX 567CHICAGOIL60640NONEUNRESTRICTED$5,000
HILLSDALE COLLEGE
33 EAST COLLEGE ROADHILLSDALEMI49242NONEUNRESTRICTED$10,000
JOSEPHINUM ACADEMY
1501 N OAKLEY AVENUECHICAGOIL60622NONEUNRESTRICTED$10,000
ILLINOIS POLICY INSTITUTE
300 S RIVERSIDECHICAGOIL60606NONEUNRESTRICTED$5,000
LOBLOLLY FOUNDATION
7407 SE HILL TERRACEHOBE SOUNDFL33455NONEUNRESTRICTED$10,000
RAVINIA FESTIVAL
200 RAVINIA PARKHIGHLAND PARKIL60035NONEUNRESTRICTED$5,000
STEPPENWOLF THEATER
1650 N HALSTED AVENUECHICAGOIL60614NONEUNRESTRICTED$50,000
SAINT FRANCIS XAVIER PARISH
524 9TH STREETWILMETTEIL60091NONEUNRESTRICTED$25,000
SAINT FRANCIS XAVIER SCHOOL
808 LINDEN AVEWILMETTEIL60091NONEUNRESTRICTED$10,000
MOTHER MCCRORY MANOR
5199 E BROAD STREETCOLUMBUSOH43213NONEUNRESTRICTED$10,000
OUR LADY OF TEPEYAC SCHOOL
2228 S WHIPPLE STREETCHICAGOIL60623NONEUNRESTRICTED$10,000
WIREPOINT
1241 CENTRAL AVENUEWILMETTEIL60091NONEUNRESTRICTED$5,000
WRITERS THEATER
321 PARK AVENUEGLENCOEIL60022NONEUNRESTRICTED$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$450,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$27RelatedOrExemptFunctionIncmAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$295,822RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$295,849RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$295,849TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonROBERT AND LOUISE SANBORNContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1927 ROMONA ROADAddressLine1Txt
CityWILMETTECityNm
State AbbreviationILStateAbbreviationCd
ZIP60091ZIPCd
FieldValueIRS element (for citing)
Total Contributions$5,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (8 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
22000 ALTRIAAT COST$216,334$1,042,580
14500 PHILLIP MORRISAT COST$302,498$1,377,500
10200 BLACK AND DECKERAT COST$272,000$1,923,924
25224 MONDELEZAT COST$262,531$1,672,603
7674 KRAFT HEINZAT COST$192,042$275,497
77922 OAKEXAT COST$875,918$1,542,855
42946 OAKIXAT COST$881,356$1,206,343
10237 OAKGXAT COST$202,124$355,226

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
Desc2021 DONATIONS NOT CASHED UNTIL 2022Desc
Amt$20,000Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescMISCELLANEOUSDesc
Amt$467Amt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

AmtAmtCategoryCategoryTxtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
$18,876
$4,458FOREIGN TAXES PAID$4,458$4,458

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