KNOWLES FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- KNOWLES FOUNDATION (EIN 36-6051968)
- Tax period
- 2020-10-01 to 2021-09-30
- Filed
- 2022-08-10
- IRS object ID
- 202222229349101107
- Schema version
- 2020v4.1
- 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
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Decreases Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-08-10T08:51:45-05:00 | ReturnTs |
| Tax Period End | 2021-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N Wacker Drive | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366051968 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Knowles Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL POWERS | InCareOfNm |
| Business Name Control | KNOW | BusinessNameControlTxt |
| Phone | 3123724000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S MICHIGAN AVENUE Suite 1100 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL POWERS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3124563416 | PhoneNum |
| Signature | 2022-08-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | MICHAEL | PersonFirstNm |
| Person Last | POWERS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHERINE E KURTZMAN | PreparerPersonNm |
| PTIN | P01236691 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2022-08-08 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2020 | 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 | $26,663,427 | 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 | $49,808 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $49,808 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $0 | InterestOnSavingsAdjNetIncmAmt |
| Dividends Rev And Expnss | $413,451 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $413,451 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $0 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $188,884 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,049,016 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $188,884 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $14,134 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $11,713 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | $666,277 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $663,856 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $88,188 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $44,094 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $44,094 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $18,708 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,354 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $9,354 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $95,362 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $95,362 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $8,225 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Adj Net Incm | $0 | TaxesAdjNetIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $210,483 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $148,810 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $53,448 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,355,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,355,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,565,483 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $148,810 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,408,448 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$899,206 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $515,046 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,322,970 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $353,012 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $346,952 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $9,078,812 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,767,838 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,829,321 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $13,140,297 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $12,297,007 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $12,262,281 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $0 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $225,000 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $224,873 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,542,079 | TotalAssetsBOYAmt |
| Total Assets EOY | $23,642,857 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $26,663,427 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $24,542,079 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $23,642,857 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,542,079 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $23,642,857 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,542,079 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $23,642,857 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,542,079 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$899,206 | ExcessRevenueOverExpensesAmt |
| Subtotal | $23,642,873 | SubtotalAmt |
| Other Decreases | $16 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $23,642,857 | 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 | $11,040,323 | $10,860,132 | $180,191 | $180,191 |
| CAPITAL GAIN DIVIDENDS | P | $8,693 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $188,884 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,159 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $7,159 | SubtotalAmt |
| Tax Based On Investment Income | $7,159 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $7,333 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $7,333 | TotalPaymentsAndCreditsAmt |
| Overpayment | $174 | OverpaymentAmt |
| Applied To ES Tax | $174 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL POWERS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3124563416 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S MICHIGAN AVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042501 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL J POWERS | |||||||||
| 200 S MICHIGAN AVENUE | SUITE 1100 | CHICAGO | IL | 606042501 | DIRECTOR/TREASURER/SECRETARY | 0.5 | $0 | $0 | $0 |
| DAVID J HILL | |||||||||
| 1206 HAWTHORNE LANE | HINSDALE | IL | 60521 | DIRECTOR/PRESIDENT | 0.5 | $0 | $0 | $0 | |
| RONALD LAWLER | |||||||||
| 5W455 LEXINGTON ST | ELMHURST | IL | 60126 | DIRECTOR | 0.5 | $0 | $0 | $0 | |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| HOWARD & HOWARD ATTORNEYS PLLC | |||||
| 200 S MICHIGAN AVE | CHICAGO | IL | 606042501 | ATTORNEY FEES | $88,188 |
| BANK OF AMERICA PRIVATE BANK | |||||
| 114 W 47TH ST | NEW YORK | NY | 10036 | INVESTMENT MGMT | $91,362 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | 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 | $25,672,147 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,291,819 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $26,963,966 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $26,963,966 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $404,459 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $26,559,507 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,327,975 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,327,975 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,159 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,159 | TotalTaxAmt |
| Distributable Before Adj | $1,320,816 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,320,816 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,320,816 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,408,448 | 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 | $1,408,448 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,408,448 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,320,816 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $22,402 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr2 | $45,243 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $86,541 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $154,186 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,408,448 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,320,816 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $87,632 | RemainingDistriFromCorpusAmt |
| Total Corpus | $241,818 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $22,402 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $219,416 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $45,243 | ExcessFromYear2Amt |
| Excess From Year1 | $86,541 | ExcessFromYear1Amt |
| Excess From Current Year | $87,632 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADLER PLANETARIUM | |||||||
| 1300 S LAKE SHORE DRIVE | CHICAGO | IL | 60605 | NONE | PC | General Fund | $35,000 |
| ADLER PLANETARIUM | |||||||
| 1300 S LAKE SHORE DRIVE | CHICAGO | IL | 60605 | NONE | PC | Virtual Field Trip Program | $35,000 |
| ALLIANCE FOR THE GREAT LAKES | |||||||
| 150 N MICHIGAN AVE SUITE 700 | CHICAGO | IL | 60601 | NONE | PC | General Fund | $30,000 |
| CHICAGO ARCHITECTURE CENTER | |||||||
| 111 E WACKER DR SUITE 1321 | CHICAGO | IL | 60601 | NONE | PC | General Fund | $75,000 |
| ELMHURST MEMORIAL HOSPITAL | |||||||
| 155 E BRUSH HILL RD | ELMHURST | IL | 60126 | NONE | PC | Nursing Program | $100,000 |
| FOUNDATION OF HEARING AND SPEECH REHABILIATION | |||||||
| PO BOX 180018 | CHICAGO | IL | 60618 | NONE | PC | Music To My Ears Program | $20,000 |
| FOUNDATION OF HEARING AND SPEECH REHABILIATION | |||||||
| PO BOX 180018 | CHICAGO | IL | 60618 | NONE | PC | General Fund | $40,000 |
| FRIENDS OF THE CHICAGO RIVER | |||||||
| 411 S WELLS ST SUITE 800 | CHICAGO | IL | 60607 | NONE | PC | General Fund | $75,000 |
| GIGI'S PLAYHOUSE | |||||||
| 2350 W HIGGINS ROAD | HOFFMAN ESTATES | IL | 60169 | NONE | PC | General Fund | $100,000 |
| GREATER CHICAGO FOOD DESPOSITORY | |||||||
| 4100 W ANN LURIE PLACE | HOFFMAN ESTATES | IL | 60632 | NONE | PC | General Fund | $40,000 |
| HINSDALE JUNIOR WOMAN'S CLUB | |||||||
| PO BOX 152 | HINSDALE | IL | 60521 | NONE | PC | GENERAL FUND | $45,000 |
| LINCOLN PARK ZOO | |||||||
| 2001 N CLARK ST | CHICAGO | IL | 60614 | NONE | PC | General Fund | $30,000 |
| LOYOLA UNIVERSITY MEDICAL CENTER | |||||||
| 2160 S 1ST AVE | MAYHOOD | IL | 60153 | NONE | PC | Nursing Fund | $100,000 |
| LYRIC OPERA OF CHICAGO | |||||||
| 20 N WACKER DR SUITE 860 | CHICAGO | IL | 60606 | NONE | PC | Student and Family Performances Fund | $100,000 |
| MERIT SCHOOL OF MUSIC | |||||||
| 38 SOUTH PEORIA STREET | CHICAGO | IL | 60607 | NONE | PC | Music To My Ears Program | $20,000 |
| MERIT SCHOOL OF MUSIC | |||||||
| 38 SOUTH PEORIA STREET | CHICAGO | IL | 60607 | NONE | PC | General Fund | $90,000 |
| MUSEUM OF SCIENCE AND INDUSTRY | |||||||
| 5700 SOUTH LAKE SHORE DRIVE | CHICAGO | IL | 60637 | NONE | PC | General Fund | $50,000 |
| NORTHWESTERN UNIVERSITY | |||||||
| 633 CLARK STREET | EVANSTON | IL | 60208 | NONE | PC | General Fund | $10,000 |
| RAY GRAHAM ASSOCIATION | |||||||
| 901 WARRENVILLE ROAD SUITE 500 | LISLE | IL | 60532 | NONE | PC | Hanson Center | $100,000 |
| SHEDD AQUARIUM SOCIETY | |||||||
| 1200 S LAKE SHORE DRIVE | CHICAGO | IL | 60605 | NONE | PC | General Fund | $50,000 |
| SHIRLEY RYAN ABILITY LAB | |||||||
| 355 EAST ERIE STREET | CHICAGO | IL | 60611 | NONE | PC | General Fund | $75,000 |
| SPECIAL CHILDREN'S CHARITIES | |||||||
| 2 E 8TH STREET MEZZANINE LEVEL | CHICAGO | IL | 60605 | NONE | PC | General Fund | $35,000 |
| THE ART INSTITUTE OF CHICAGO | |||||||
| 111 S MICHIGAN AVE | CHICAGO | IL | 60603 | NONE | PC | General Fund | $25,000 |
| THE FIELD MUSEUM | |||||||
| 1400 S LAKE SHORE DR | CHICAGO | IL | 60605 | NONE | PC | General Fund | $50,000 |
| THE MAYO FOUNDATION | |||||||
| 200 FIRST STREET SW | ROCHESTER | MN | 55905 | NONE | PC | Mayo Clinic Simulation Center | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,355,000 | 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 | $256,774 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $206,485 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $188,884 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| SHARE CLASS LOSS REIMBURSEMENT | 01 | $6,740 |
| TAX COST ADJUSTMENTS | 01 | $4,973 |
| TAX REFUND | 01 | $2,421 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $666,277 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $666,277 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG LLP | CategoryTxt |
| Amt | $18,708 | Amt |
| Net Investment Income | $9,354 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $9,354 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BMO TCH-INT BOND FUND CI I | $2,155,034 | $2,237,118 |
| BMO SHORT-TERM INC. FUND CI I | $715,970 | $722,545 |
| BOA FIXED INCOME - ATCH 7A | $9,426,003 | $9,259,216 |
| BMO ACCRUED INTEREST | $5,599 | |
| BOA ACCRUED INTEREST - ATCH 7A | $37,803 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BMO SMALL CAP VALUE FUND #1038 | $332,764 | $445,218 |
| BMO LARGE CAP VALUE FUND #926 | $2,571,312 | $3,344,724 |
| BMO PYRFORD INTERNATIONAL FUND | $468,110 | $498,947 |
| BOA LARGE-CAP - ATCH 6A | $4,471,585 | $5,851,641 |
| BOA MID-CAP -ATCH 6A | $1,328,864 | $1,736,746 |
| BOA SMALL-CAP -ATCH 6A | $894,330 | $1,216,028 |
| BOA INT'L DEVELOPED - ATCH 6B | $683,542 | $713,947 |
| BOA EMERGING MARKETS - ATCH 6B | $17,331 | $16,003 |
| BOA ACCRUED DIVIDENDS -ATCH 6B | $6,067 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | BOA HEDGE FUNDS - ATCH 7A | CategoryOrItemTxt |
| Book Value | $225,000 | BookValueAmt |
| EOYFMV | $224,873 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | HOWARD & HOWARD ATTORNEYS PLLC | CategoryTxt |
| Legal Fees | $88,188 | LegalFeesAmt |
| Net Investment Income | $44,094 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $44,094 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | COST BASIS ADJUSTMENT | Desc |
| Amt | $16 | Amt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| SHARE CLASS LOSS REIMBURSEMENT | $6,740 | $6,740 | $0 |
| TAX REFUND | $2,421 | $0 | $0 |
| ACCRETION OF DISCOUNT FOR DISPOSITION | $4,973 | $4,973 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| HARRIS BANK CUSTODIAN SERVICE | $4,000 | $4,000 | $0 | $0 |
| U.S. TRUST CUSTODIAN SERVICE | $91,362 | $91,362 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| IL CHARITY BUREAU FUND | $15 | $0 | $0 | $0 |
| IL SECRETARY OF STATE FILING | $10 | $0 | $0 | $0 |
| 2019 ESTIMATED TAX PAYMENT | $6,200 | $0 | $0 | $0 |
| 2020 EXTENSION PAYMENT | $2,000 | $0 | $0 | $0 |