2021-03-10T17:00:36-06:00 2020-08-31 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990PF 2019-09-01 366108293 Polk Bros Foundation Inc POLK 3125274684 20 W Kinzie St 1110 Chicago IL 606545815 Gillian Darlow CEO 2021-03-10 true Jennifer Burke P01342224 3128997000 2019 2022-09-23 18:48:47Z X 418807825 X X 126934 126934 2579367 2579367 3196216 23834226 3194335 0 0 0 815529 2023072 0 6718046 7923708 0 649833 158250 491583 1414299 45611 1368688 441675 36022 398478 58072 4934 0 53137 53250 5325 0 47925 868372 849940 0 18432 224070 11247 0 117302 0 0 0 280712 28071 252641 51844 5184 46660 211162 -13883 0 190043 4253289 1130701 0 2984889 24470225 24470225 28723514 1130701 0 27455114 -22005468 6793007 0 3779019 3571226 3571226 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 328091190 306303763 415236599 0 0 0 0 0 0 0 331870209 309874989 418807825 0 0 0 0 0 10248 0 10248 X 331870209 309864741 331870209 309864741 331870209 309874989 331870209 -22005468 0 309864741 0 309864741 Sales of publicly traded securities P 17269208 20638010 -3368802 0 -3368802 Capital Gain Distributions P 451568 451568 0 451568 Sales of partnership interests P 95175 95175 0 95175 K-1 Passthrough Capital Gains P 6018275 1881 6016394 0 6016394 3194335 0 false 30132846 406895773 0.074055 30315371 432118259 0.070155 30134718 422583282 0.071311 28808126 432255962 0.066646 29098909 470352008 0.061866 0.344033 0.068807 401126137 27600286 67930 27668216 27455114 135860 135860 135860 87268 90000 177268 41408 41408 0 false false false false true true true false true true IL true false false false false true www.polkbrosfdn.org Polk Bros Foundation 3125274684 20 W Kinzie St Suite 1110 Chicago IL 606545815 false false false false true false false false false false true false false false false false false false false false false false false AMY HILL 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 VP INVESTMENTS 37.500 233167 46711 0 ELIZABETH CONNELLY 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 DIRECTOR 3.000 0 0 0 MARY DEMPSEY 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 DIRECTOR 3.000 0 0 0 DAVID SNYDER 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 DIRECTOR 3.000 0 0 0 NANCY LEWIS 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 DIRECTOR 3.000 0 0 0 SANDRA P GUTHMAN 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 CHAIR 3.000 0 0 0 RAYMOND SIMON 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 VICE CHAIR 3.000 0 0 0 HOWARD POLK 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 TREASURER 3.000 0 0 0 CHERRYL THOMAS 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 SECRETARY 3.000 0 0 0 GILLIAN DARLOW 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 CEO 37.500 416667 61690 0 EVETTE CARDONA 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 VP PROGRAMS 37.500 226817 0 SUZANNE KERBOW 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 PROG DIRECTOR 37.500 166292 0 DEBORAH REZNICK 20 W KINZIE SUITE 1110 CHICAGO IL 606545815 PROG OFFICER 37.500 154000 0 DEBORAH BENNETT 20 West Kinzie Suite 1110 Chicago IL 606545815 SR PROGRAM OFFICER 37.500 157000 0 TRACY KREMER 20 WEST KINZIE SUITE 1110 CHICAGO IL 606545815 DIRECTOR OF COMMS 37.500 122000 0 7 MONTICELLO ASSOCIATES 1800 LARIMER STREET DENVER CO 80202 INVESTMENT CONSULTANT 300000 QUARLES & BRADY 300 N LASALLE SUITE 4000 CHICAGO IL 606543406 ATTORNEY FEES 58072 0 N/A N/A 0 292187342 9185982 105861333 407234657 0 407234657 6108520 401126137 20056307 20056307 135860 0 135860 19920447 19920447 19920447 27455114 0 0 27455114 27455114 19920447 0 2017 2016 2015 0 6610340 7889041 9506469 9568882 10278273 43853005 27455114 0 0 0 19920447 7534667 0 51387672 0 0 0 0 0 6610340 44777332 7889041 9506469 9568882 10278273 7534667 NONE NONE EVETTE CARDONA POLK BROS FOUNDATION 20 W KINZIE ST REET SUITE 1110 CHICAGO IL 60654 3125274684 APPLICATION FORM AVAILABLE FROM FOUNDATION OFFICE AND WEBSITE CONTINUOUS MUST BE ORGANIZATION EXEMPT UNDER SEC 501(C)(3) BOARD GRANTS 20 W KINZIE ST SUITE 1110 CHICAGO IL 606545815 none PC SEE ATTACHED 22616350 EXECUTIVE DISCRETIONARY GRANTS 20 W KINZIE ST SUITE 1110 CHICAGO IL 606545815 none PC SEE ATTACHED 272500 DISCRETIONARY GRANTS 20 W KINZIE ST SUITE 1110 CHICAGO IL 606545815 none PC SEE ATTACHED 77750 MATCHING GIFTS 20 W KINZIE ST SUITE 1110 CHICAGO IL 606545815 none PC SEE ATTACHED 983625 FAMILY GRANTS 20 W KINZIE ST SUITE 1110 CHICAGO IL 606545815 none PC SEE ATTACHED 210000 ANNIVERSARY GRANTS 20 W KINZIE ST SUITE 1110 CHICAGO IL 606545815 none PC SEE ATTACHED 310000 24470225 0 14 126934 14 2579367 525990 57080 18 3139136 PARTNERSHIP INCOME 525990 -1216792 14 2032321 -1159712 7877758 0 6718046 false false false false false false false false false false Plante & Moran PLLC 43250 4325 38925 Crowe LLP 10000 1000 9000 AMY HILL Compensation on fiscal year basis GILLIAN DARLOW Compensation on Fiscal Year Basis EVETTE CARDONA Compensation on fiscal year basis SUZANNE KERBOW Compensation on fiscal year basis DEBORAH REZNICK Compensation on fiscal year basis DEBORAH BENNETT Compensation on fiscal year basis TRACY KREMER Compensation on a fiscal year basis Sales of publicly traded securities P 17269208 20638010 -3368802 Capital Gain Distributions 451568 451568 Sales of partnership interests P 95175 95175 K-1 Passthrough Capital Gains 6018275 6018275 PARTNERSHIP INVESTMENTS AT COST 306303763 415236599 Quarles & Brady 58072 4934 53137 DELIVERY AND MESSENGERS 1296 130 1166 DUES & SUBSCRIPTIONS 29850 2985 26865 FURNITURE AND EQUIPMENT 23707 2371 21336 INSURANCE 30112 3011 27101 EVENT TICKETS 4729 473 4255 MAINTENANCE AND REPAIRS 1167 117 1050 OFFICE EXPENSE 21745 2175 19571 OFFICE SUPPLIES 5240 524 4716 POSTAGE 721 72 649 TECHNOLOGY SERVICES 90343 9034 81309 UTILITIES 2252 225 2025 UBIT ALLOCATION -35000 Other Income 5080 5080 0 Tax Refunds 2713 2713 Partnership Income 2380852 2688656 Partnership Income Adj - Wellington -673377 -673377 Partnership Income Adj - MDIV -4116 K-1 UBIT Capital Gain 55172 K-1 UBIT Loss -950795 Deferred Compensation Plan 0 10248 Monticello & Associates 300000 300000 0 Other Investment Fees 547892 547892 0 Other Professional Fees 20480 2048 18432 PAYROLL TAXES 128549 11247 117302 FEDERAL EXCISE TAXES 95000 FEDERAL/STATE INCOME TAXES 521