ELM FAMILY FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
ELM FAMILY FOUNDATION (EIN 47-6500826)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-05-16
IRS object ID
202231369349104503
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 ReturnHeader

FieldValueIRS element (for citing)
Return2022-05-16T13:24:09-05:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MILLER COOPER & CO LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11751 Lake Cook Road Suite 400AddressLine1Txt
CityDeerfieldCityNm
State AbbreviationILStateAbbreviationCd
ZIP60015ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2021-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN476500826EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Elm Family FoundationBusinessNameLine1Txt
FieldValueIRS element (for citing)
In Care Of% JONATHAN Y JONASInCareOfNm
Business Name ControlELMFBusinessNameControlTxt
Phone8479603784PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 Dundee Road Suite 380AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJonathan Y JonasPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone8479603784PhoneNum
Signature2022-05-15SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJonathan YPersonFirstNm
Person LastJonasPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJoel B Polakow PrincipalPreparerPersonNm
PTINP00845521PTIN
Phone8472055000PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
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$36,535,257FMVAssetsEOYAmt
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$0ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$450,469DividendsRevAndExpnssAmt
Dividends Net Invst Incm$450,469DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$606,102NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$1,110,079GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$606,102CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$1,056,571TotalRevAndExpnssAmt
Total Net Invst Incm$1,056,571TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss$318LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$318LegalFeesNetInvstIncmAmt
Other Prof Fees Rev And Expnss$278OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$278OtherProfFeesNetInvstIncmAmt
Taxes Rev And Expnss$1,354TaxesRevAndExpnssAmt
Taxes Net Invst Incm$1,354TaxesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss$1,950TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$1,950TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$2,695,800ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$2,695,800ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$2,697,750TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$1,950TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$2,695,800TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,641,179ExcessRevenueOverExpensesAmt
Net Investment Income$1,054,621NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$58,380SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$864,087SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$864,087SavAndTempCashInvstEOYFMVAmt
Acct Rcvbl$44,436AcctRcvblAmt
Acct Rcvbl BOY$44,770AcctRcvblBOYAmt
Acct Rcvbl EOY$44,436AcctRcvblEOYAmt
Acct Rcvbl EOYFMV$44,436AcctRcvblEOYFMVAmt
Other Investments BOY$31,032,220OtherInvestmentsBOYAmt
Other Investments EOY$35,626,734OtherInvestmentsEOYAmt
Other Investments EOYFMV$35,626,734OtherInvestmentsEOYFMVAmt
Total Assets BOY$31,135,370TotalAssetsBOYAmt
Total Assets EOY$36,535,257TotalAssetsEOYAmt
Total Assets EOYFMV$36,535,257TotalAssetsEOYFMVAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$31,135,370RetainedEarningBOYAmt
Retained Earning EOY$36,535,257RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$31,135,370TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$36,535,257TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$31,135,370TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$36,535,257TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$31,135,370TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,641,179ExcessRevenueOverExpensesAmt
Other Increases$7,041,066OtherIncreasesAmt
Subtotal$36,535,257SubtotalAmt
Tot Net Ast Or Fund Balances EOY$36,535,257TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
80 SHS CNOOC LTD-SPON ADRP2015-03-242021-01-08$7,114$10,719-$3,605-$3,605
2,450 SHS SPDR S&P500 ETF TRUSTP2014-10-312021-08-27$1,102,965$493,258$609,707$609,707
FieldValueIRS element (for citing)
Capital Gain Net Income$606,102CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$14,659InvestmentIncomeExciseTaxAmt
Subtotal$14,659SubtotalAmt
Tax Based On Investment Income$14,659TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$0EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce$0ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits$0TotalPaymentsAndCreditsAmt
Tax Due$14,659TaxDueAmt

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 SatisfiedYes (true)Section508eRqrSatisfiedInd
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

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1JONATHAN Y JONASBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8479603784PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1650 DUNDEE RD STE 380AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
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
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

FieldValueIRS element (for citing)
PersonJonathan Y JonasPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line1650 Dundee Road Suite 380AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
TitlePresidentTitleTxt
Average Hrs Per Wk Devoted To Pos0AverageHrsPerWkDevotedToPosRt
Compensation$0CompensationAmt
Employee Benefit Program$0EmployeeBenefitProgramAmt
Expense Account Other Allwnc$0ExpenseAccountOtherAllwncAmt
FieldValueIRS element (for citing)
Summary Of Direct Chrtbl ActySummaryOfDirectChrtblActyGrp
Sum Of Program Related InvstSumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$33,675,355AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$350,740AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$34,026,095TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$34,026,095AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$510,391CashDeemedCharitableAmt
Net Vl Noncharitable Assets$33,515,704NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,675,785MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,675,785MinimumInvestmentReturnAmt
Tax Based On Investment Income$14,659TaxBasedOnInvestmentIncomeAmt
Total Tax$14,659TotalTaxAmt
Distributable Before Adj$1,661,126DistributableBeforeAdjAmt
Distributable Before Ded$1,661,126DistributableBeforeDedAmt
Distributable As Adjusted$1,661,126DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$2,695,800ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid$0CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test$0SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test$0SetAsideCashDistriTestAmt
Qualifying Distributions$2,695,800QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,661,126DistributableAsAdjustedAmt
Undistributed Income PY$76,580UndistributedIncomePYAmt
Prior Year12019PriorYear1Yr
Prior Year22018PriorYear2Yr
Prior Year32017PriorYear3Yr
Excess Distribution Cyov Yr1$0ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$0TotalExcessDistributionCyovAmt
Qualifying Distributions$2,695,800QualifyingDistributionsAmt
Applied To Year1$76,580AppliedToYear1Amt
Applied To Current Year$1,661,126AppliedToCurrentYearAmt
Remaining Distri From Corpus$958,094RemainingDistriFromCorpusAmt
Total Corpus$958,094TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$958,094ExcessDistriCyovToNextYrAmt
Excess From Year1$0ExcessFromYear1Amt
Excess From Current Year$958,094ExcessFromCurrentYearAmt
FieldValueIRS element (for citing)
Private Operating FoundationsPrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (6 entries)

Address Line1RecipientUSAddress/AddressLine1TxtAddress Line2RecipientUSAddress/AddressLine2TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Friends of the IDF
1430 BroadwaySuite 1301New YorkNY10018NonePCUnrestricted$300,000
Friends of Elnet
400 Skokie BlvdNorthbrookIL60062NONEPCUnrestricted$185,000
University of Illinois Chicago
1200 W Harrison StChicagoIL60607NONEPCUnrestricted$2,025,000
StandWithUs
PO Box 341069Los AngelesCA90034NonePCUnrestricted$165,000
Solomon Schecter Day School
3210 Dundee RoadNorthbrookIL60062nonePCUnrestricted$10,800
University of Northwestern
420 E Superior StChicagoIL60611nonePCUNRESRTRICTED$10,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$2,695,800TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

FieldValueIRS element (for citing)
Fees Contracts From Govt AgFeesContractsFromGovtAgGrp
Membership Dues And AssmntMembershipDuesAndAssmntGrp
Int On Sav And Temp Cash InvstIntOnSavAndTempCashInvstGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$450,469ExclusionAmt
FieldValueIRS element (for citing)
Net Rntl Incm Re Debt Fincd PropNetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd PropNetRntlIncmReNotDebtFincdProp
Net Rental Income Personal PropNetRentalIncomePersonalPropGrp
Other Investment IncomeOtherInvestmentIncomeGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$606,102ExclusionAmt
FieldValueIRS element (for citing)
Net Income Loss From Special EvtNetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of InvntryGrossProfitLossSlsOfInvntryGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,056,571ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,056,571TotalIncomeProducingActyAmt

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

Depreciation Schedule DepreciationSchedule

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

FieldValueIRS element (for citing)
Category Or ItemJP MORGAN INVESTMENT ACCOUNTCategoryOrItemTxt
Listed At Cost Or FMVFMVListedAtCostOrFMVCd
Book Value$35,626,734BookValueAmt
EOYFMV$35,626,734EOYFMVAmt

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL AND PROFESSIONAL FEESCategoryTxt
Legal Fees$318LegalFeesAmt
Net Investment Income$318NetInvestmentIncomeAmt

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescMISCELLANEOUS INCOMEDesc

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescUNREALIZED GAIN ON INVESTMENTSDesc
Amt$7,041,066Amt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENT FEECategoryTxt
Amt$278Amt
Net Investment Income$278NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFOREIGN TAX WITHHELDCategoryTxt
Amt$1,354Amt
Net Investment Income$1,354NetInvestmentIncomeAmt

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