LAVIN FAMILY FOUNDATION: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- LAVIN FAMILY FOUNDATION (EIN 36-6106074)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-15
- IRS object ID
- 202203199349106140
- 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
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-15T14:38:55-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 366106074 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAVIN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAVI | BusinessNameControlTxt |
| Phone | 3124777600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CAROL L BERNICK | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3124777600 | PhoneNum |
| Signature | 2022-11-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CAROL | PersonFirstNm |
| Person Last | BERNICK | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY A HAUMANN | PreparerPersonNm |
| PTIN | P00546491 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2022-11-12 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $64,136,809 | 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 | $6,056 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $80,334 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $80,437 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $677,465 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $654,819 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,570,010 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $20,554,427 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $8,274,669 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $1,012,529 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $445,273 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $7,346,394 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $9,455,198 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $7,419 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $44,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $480,831 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $480,831 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $58,461 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,530 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $91 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $590,802 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $494,361 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,036,019 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,036,019 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,626,821 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $494,361 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,036,019 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,719,573 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,960,837 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $885,480 | CashBOYAmt |
| Cash EOY | $1,536,148 | CashEOYAmt |
| Cash EOYFMV | $1,536,148 | CashEOYFMVAmt |
| Acct Rcvbl BOY | $2,140 | AcctRcvblBOYAmt |
| Corporate Stock BOY | $24,363,960 | CorporateStockBOYAmt |
| Corporate Stock EOY | $29,160,550 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $44,004,000 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $18,909,823 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $16,154,838 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $16,596,661 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $2,000,000 | OtherAssetsBOYAmt |
| Other Assets EOY | $2,000,000 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $2,000,000 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $46,161,403 | TotalAssetsBOYAmt |
| Total Assets EOY | $48,851,536 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $64,136,809 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $46,161,403 | CapitalStockBOYAmt |
| Capital Stock EOY | $48,851,536 | 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 | $46,161,403 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $48,851,536 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $46,161,403 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $48,851,536 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $46,161,403 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,719,573 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $48,880,976 | SubtotalAmt |
| Other Decreases | $29,440 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $48,851,536 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $14,173,796 | $8,877,146 | $5,296,650 | $5,296,650 | |
| PUBLICLY TRADED SECURITIES | $422,718 | $374,383 | $48,335 | $48,335 | |
| HARBOR SPRINGS | $913,795 | $913,795 | $913,795 | P | |
| PERRY PARTNERS | $116,220 | $528,229 | -$412,009 | -$412,009 | P |
| IMPALA | $4,859,209 | $2,500,000 | $2,359,209 | $2,359,209 | P |
| BRAHMAN | $68,689 | $68,689 | $68,689 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $8,274,669 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $124,556 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $124,556 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $124,556 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $68,810 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $55,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $123,810 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,272 | EsPenaltyAmt |
| Tax Due | $2,018 | 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 |
| Individual With Books | POLISHED NICKEL CAP MGMT LLC | IndividualWithBooksNm |
| Phone | 3124777600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DR STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | Yes (1) | ForeignAccountsQuestionInd |
| Foreign Country | CJ | ForeignCountryCd |
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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| CAROL BERNICK | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | PRESIDENT AND TREASURER | 0.50 | $0 | $0 | $0 |
| ELIZABETH HUBER | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT AND SECRETA | 0.50 | $0 | $0 | $0 |
| KAREN S LAVIN | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| CRAIG L BERNICK | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| PETER A BERNICK | ||||||||
| 155 N WACKER DRIVE SUITE 1680 | CHICAGO | IL | 60606 | TREASURER | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| MERRILL LYNCH | |||||
| 1 N WACKER | CHICAGO | IL | 60606 | INVEST MGTMT FEES | $343,596 |
| ARES | |||||
| 245 PARK AVENUE | NEW YORK | NY | 10167 | INVEST MGTMT FEES | $131,634 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $57,850,327 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,256,881 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,000,000 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $62,107,208 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $62,107,208 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $931,608 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $61,175,600 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,058,780 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,058,780 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $124,556 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $124,556 | TotalTaxAmt |
| Distributable Before Adj | $2,934,224 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,934,224 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,934,224 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,036,019 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,036,019 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,934,224 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $2,546,308 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,103,569 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $2,072,637 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,857,268 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $6,170,916 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $14,750,698 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,036,019 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $2,934,224 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,101,795 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $15,852,493 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $2,546,308 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $13,306,185 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,103,569 | ExcessFromYear4Amt |
| Excess From Year3 | $2,072,637 | ExcessFromYear3Amt |
| Excess From Year2 | $1,857,268 | ExcessFromYear2Amt |
| Excess From Year1 | $6,170,916 | ExcessFromYear1Amt |
| Excess From Current Year | $1,101,795 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CAROL BERNICK | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | CAROL L BERNICK | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DR SUITE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3124777603 | RecipientPhoneNum |
| Form And Info And Materials | THERE IS NO SPECIAL FORM. A LETTER REQUESTING A DONATION IS ACCEPTABLE. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO SUBMISSION DEADLINES. | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS OR LIMITATIONS. | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (41 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AFTER SCHOOL MATTERS | |||||||
| 66 EAST RANDOLPH STREET | CHICAGO | IL | 60601 | NONE | PC | GENERAL FUND | $5,000 |
| AMERICAN RED CROSS | |||||||
| 431 18TH STREET | WASHINGTON | DC | 20006 | NONE | PC | GENERAL FUND | $10,000 |
| ANGELMAN SYNDROME FOUNDATION | |||||||
| 3015 E NEW YORK ST | AURORA | IL | 60601 | NONE | PC | GENERAL FUND | $2,500 |
| ANTI-DEFAMATION LEAGUE | |||||||
| 605 THIRD AVENUE | NEW YORK | NY | 10153 | NONE | PC | GENERAL FUND | $5,000 |
| BETTER GOVERNMENT ASSOCIATION | |||||||
| 223 W JACKSON BLVD STE 300 | CHICAGO | IL | 60605 | NONE | PC | GENERAL FUND | $5,000 |
| BIG SHOULDERS | |||||||
| 212 W VAN BUREN SUITE 900 | CHICAGO | IL | 60607 | NONE | PC | GENERAL FUND | $300,200 |
| BOYS & GIRLS CLUB | |||||||
| 550 W VAN BUREN ST SUITE 350 | CHICAGO | IL | 60607 | NONE | PC | GENERAL FUND | $32,480 |
| CHICAGO PUBLIC LIBRARY FOUNDATION | |||||||
| 200 W MADISON ST FLOOR 3 | CHICAGO | IL | 60606 | NONE | PC | GENERAL FUND | $3,000 |
| CHILDREN'S HOME AID | |||||||
| 125 S WACKER DR SUITE 1400 | CHICAGO | IL | 60606 | NONE | PC | GENERAL FUND | $5,000 |
| DEPAUL COLLEGE PREP | |||||||
| 3333 N ROCKWELL ST | CHICAGO | IL | 60618 | NONE | PC | GENERAL FUND | $3,000 |
| EVANS SCHOLARS FOUNDATION | |||||||
| 2501 PATRIOT BLVD | GLENVIEW | IL | 60026 | NONE | PC | GENERAL FUND | $5,000 |
| FARM AID | |||||||
| 501 CAMBRIDGE ST 3RD FLOOR | CAMBRIDGE | MA | 02141 | NONE | PC | GENERAL FUND | $40,000 |
| FAYETTE COUNTY PUBLIC SCHOOLS | |||||||
| 450 PARK PLACE | LEXINGTON | KY | 40511 | NONE | PC | GENERAL FUND | $2,000 |
| FLORIDA GULF COAST UNIV | |||||||
| 10501 FGCU BLVD SOUTH | FORT MYERS | FL | 33965 | NONE | PC | GENERAL FUND | $10,000 |
| GENEVA LAKE CONSERVANCY | |||||||
| 398 MILL ST | FONTANA | WI | 53125 | NONE | PC | GENERAL FUND | $5,000 |
| HHPLIFT | |||||||
| 329 W 18TH STREET SUITE 714 | CHICAGO | IL | 60616 | NONE | PC | GENERAL FUND | $2,500 |
| ILLINOIS HOLOCAUST MUSEUM | |||||||
| 9603 WOODS DRIVE | SKOKIE | IL | 60077 | NONE | PC | GENERAL FUND | $95,000 |
| JEWISH UNITED FUND OF METROPOLITAN CHICAGO | |||||||
| 30 S WELLS ST | CHICAGO | IL | 60606 | NONE | PC | GENERAL FUND | $150,000 |
| JUNIOR ACHEIVEMENT OF CHICAGO | |||||||
| 651 W WASHING BLVD 404 | CHICAGO | IL | 60661 | NONE | PC | GENERAL FUND | $5,000 |
| LAZARUS HOUSE | |||||||
| 214 WALNUT STREET | ST CHARLES | IL | 60174 | NONE | PC | GENERAL FUND | $5,000 |
| MIDTOWN EDUCATIONAL FOUNDATION | |||||||
| 718 S LOOMIS ST | CHICAGO | IL | 60607 | NONE | PC | GENERAL FUND | $3,000 |
| MILLENIUM PARK FOUNDATION | |||||||
| 201 E RANDOLPH ST | CHICAGO | IL | 60601 | NONE | PC | GENERAL FUND | $10,000 |
| MUSEUM OF SCIENCE & INDUSTRY | |||||||
| 5700 S LAKE SHORE DRIVE | CHICAGO | IL | 60637 | NONE | PC | GENERAL FUND | $2,500 |
| NAVY SEAL FOUNDATION | |||||||
| 1619 D STREET | VIRGINIA BEACH | VA | 23459 | NONE | PC | GENERAL FUND | $10,000 |
| NORTHWESTERN MEMORIAL FOUNDATION | |||||||
| 541 N FAIRBANKS CT 1630 | CHICAGO | IL | 60611 | NONE | NC | GENERAL FUND | $60,000 |
| NORTHWESTERN UNIVERSITY | |||||||
| 633 CLARK ST | EVANSTON | IL | 60208 | NONE | PC | GENERAL FUND | $70,000 |
| OAK PARK TEMPLE | |||||||
| 1325 N HARLEM AVE | OAK PARK | IL | 60302 | NONE | PC | GENERAL FUND | $20,000 |
| SGI | |||||||
| 606 WILSHIRE BLVD | SANTA MONICA | CA | 90401 | NONE | PC | GENERAL FUND | $30,000 |
| SHIRLEY RYAN ABILITYLAB | |||||||
| 355 EAST ERIE ST | CHICAGO | IL | 60611 | NONE | PC | GENERAL FUND | $35,000 |
| THE CAMPANILE FOUNDATION | |||||||
| 5500 CAMPANILE DRIVE | SAN DIEGO | CA | 92182 | NONE | PC | GENERAL FUND | $50,000 |
| THE CHICAGO HIGH SCHOOL FOR THE ARTS | |||||||
| 2714 W AUGUSTA BLVD | CHICAGO | IL | 60622 | NONE | PC | GENERAL FUND | $2,500 |
| THE FAMILY INSTITUTE | |||||||
| 618 LIBERTY PLAZA | EVANSTON | IL | 60201 | NONE | PC | GENERAL FUND | $3,120 |
| THE LEXINGTON SCHOOL | |||||||
| 1050 LANE ALLEN RD | LEXINGTON | KY | 40504 | NONE | PC | GENERAL FUND | $40,000 |
| THE LINCOLN ACADEMY OF ILLINOIS | |||||||
| ONE OLD CAPITAL PLAZA | SPRINGFIELD | IL | 62701 | NONE | PC | GENERAL FUND | $10,000 |
| THE NIGHT MINISTRY | |||||||
| 1735 N ASHLAND AVE | CHICAGO | IL | 60622 | NONE | PC | GENERAL FUND | $5,000 |
| TULANE UNIVERSITY | |||||||
| 1555 POYDRAS ST SUITE 1000 | NEW ORLEANS | LA | 70112 | NONE | PC | GENERAL FUND | $1,750,000 |
| VANDERBILT UNIVERSITY | |||||||
| 2301 VANDERBILT PLACE | NASHVILLE | TN | 37240 | NONE | PC | GENERAL FUND | $10,000 |
| WEST SUBURBAN COMMUNITY PANTRY | |||||||
| 6809 HOBSON VALLEY DRIVE | WOODRIDGE | IL | 60517 | NONE | PC | GENERAL FUND | $500 |
| WINGS | |||||||
| PO BOX 95615 | PALATINE | IL | 60095 | NONE | PC | GENERAL FUND | $15,000 |
| YMCA OF METROPOLITAN CHICAGO | |||||||
| 1030 W VAN BUREN ST | CHICAGO | IL | 60607 | NONE | PC | GENERAL FUND | $5,000 |
| YWCA METROPOLITAN CHICAGO | |||||||
| 1 N LASALLE SUITE 1150 | CHICAGO | IL | 60602 | NONE | PC | GENERAL FUND | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,827,300 | 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 | $80,334 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $677,465 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,008,812 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,570,010 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CLASS ACTION INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Exclusion | $3,717 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,340,338 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,340,338 | 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 | ACCOUNTING FEES | CategoryTxt |
| Amt | $44,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt |
|---|---|---|---|---|---|---|---|---|---|---|
| CAST WATER SAFETY FOUNDATION | ||||||||||
| 155 N WACKER DR | CHICAGO | IL | 60016 | 2021-01-01 | $225,000 | REDISTRIBUTION OF FUNDS FOR STUDENT INSTRUCTION GRANTS AND INSTRUCTOR TRAINING GRANTS; AWARENESS, EDUCATION & RESEARCH PROGRAM GRANTS; AND THE REMAINING FOR GENERAL ACTIVE CHARITABLE ACTIVITIES OF THE FOUNDATION. | $225,000 | NONE | 10/28/22 | 2022-10-28 |
| ENCHANTED BACKPACK | ||||||||||
| 155 N WACKER DR | CHICAGO | IL | 60016 | 2021-01-01 | $950,000 | REDISTRIBUION OF FUNDS TO VARIOUS SCHOOLS FOR SUPPLIES AND OTHER EDUCATIONAL ITEMS, REMAINING FOR GENERAL EXPENSES OF THE FOUNDATION | $950,000 | NONE | 11/8/22 | 2022-11-08 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | EQUITY INVESTMENTS | StockNm |
| EOY Book Value | $29,160,550 | EOYBookValueAmt |
| EOYFMV | $44,004,000 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ALTERNATIVE INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $16,154,838 | BookValueAmt |
| EOYFMV | $16,596,661 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $7,419 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRI - CALVERT NOTE | Desc |
| BOY Book Value | $2,000,000 | BOYBookValueAmt |
| EOY Book Value | $2,000,000 | EOYBookValueAmt |
| EOYFMV | $2,000,000 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $29,440 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| OTHER | $5 | $0 | $0 |
| CREDIT CARD FEE | $86 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BRAHMAN | -$54,566 | $0 | -$54,566 |
| FIR TREE K1 | -$22 | $0 | -$22 |
| PERRY PARTNERS | $24,611 | $0 | $24,611 |
| IMPALA FUND | $841,287 | $0 | $841,287 |
| HARBOR SPRINGS | -$299,635 | $0 | -$299,635 |
| ARES | $497,137 | $441,556 | $497,137 |
| CLASS ACTION INCOME | $3,717 | $3,717 | $3,717 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $480,831 | Amt |
| Net Investment Income | $480,831 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $12,519 | $13,530 | $0 |
| FEDERAL TAXES | $45,942 | $0 | $0 |