CHUCK AND MONICA MCQUAID FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- CHUCK AND MONICA MCQUAID FAMILY FOUNDATION (EIN 45-6540620)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-05-03
- IRS object ID
- 202101239349101950
- 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
- Schedule B
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-05-03T13:31:04-05:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363740857 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAYLAND STEINHILBER & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 100 SHORE DRIVE SUITE 2 | AddressLine1Txt |
| City | BURR RIDGE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605275819 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 456540620 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE CHUCK AND MONICA MCQUAID | BusinessNameLine1Txt |
| Business Name Line2 | FAMILY FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHUC | BusinessNameControlTxt |
| Phone | 6308528238 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1341 TURVEY ROAD | AddressLine1Txt |
| City | DOWNERS GROVE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605154547 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | CHARLES MCQUAID | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 6308528238 | PhoneNum |
| Signature | 2021-04-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | CHARLES | PersonFirstNm |
| Person Last | MCQUAID | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | H KITCHENER LAYLAND JR | PreparerPersonNm |
| PTIN | P00129619 | PTIN |
| Phone | 6306543710 | PhoneNum |
| Preparation | 2021-04-30 | 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 | 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 | $12,220,121 | 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 | $85,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $24,709 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $24,709 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $210,752 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $210,752 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $273,529 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,383,264 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $273,529 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $593,990 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $508,990 | 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 |
| Taxes Rev And Expnss | $3,676 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,676 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $89 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $89 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $3,765 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $3,765 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,440,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,440,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,443,765 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $3,765 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,440,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$849,775 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $505,225 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $3,611 | CashBOYAmt |
| Cash EOY | $1 | CashEOYAmt |
| Cash EOYFMV | $1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $272,691 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $848,345 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $848,445 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,418,931 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $525,569 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $531,349 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $5,537,062 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,866,831 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,776,770 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $301,782 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $70,953 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $77,350 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,045,302 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,432,072 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $1,986,206 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,579,379 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,743,771 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $12,220,121 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $14,167 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $8,579,379 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,729,604 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,579,379 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,743,771 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,579,379 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,743,771 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,579,379 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$849,775 | ExcessRevenueOverExpensesAmt |
| Other Increases | $14,167 | OtherIncreasesAmt |
| Subtotal | $7,743,771 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $7,743,771 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FORD MTR CREDIT 3.15 % | P | 2019-10-15 | 2020-08-04 | $300,000 | $300,000 | $0 | $0 |
| US TSY 3.625% | P | 2019-03-13 | 2020-02-08 | $200,000 | $200,000 | $0 | $0 |
| US TSY 1.625% | P | 2019-07-05 | 2020-06-30 | $400,000 | $400,000 | $0 | $0 |
| CAE INC | P | 2019-04-23 | 2020-07-30 | $74,993 | $117,601 | -$42,608 | -$42,608 |
| CONSTELLATION BRANDS INC | P | 2019-09-09 | 2020-09-30 | $150,739 | $166,067 | -$15,328 | -$15,328 |
| DISCOVERY INC | D | 2015-08-20 | 2020-09-30 | $139,012 | $186,970 | -$47,958 | -$47,958 |
| DISNEY CO | D | 2012-03-28 | 2020-04-27 | $105,262 | $43,705 | $61,557 | $61,557 |
| INTL FLAVORS & FRAGRNC | D | 2011-10-19 | 2020-03-23 | $99,938 | $60,185 | $39,753 | $39,753 |
| ISHARES MSCI | P | 2014-12-18 | 2020-08-03 | $374,503 | $229,801 | $144,702 | $144,702 |
| JPMORGAN CHASE & CO | P | 2012-04-10 | 2020-09-30 | $96,257 | $43,580 | $52,677 | $52,677 |
| NEXTERA ENERGY INC | P | 2018-06-04 | 2020-09-30 | $138,957 | $80,822 | $58,135 | $58,135 |
| ROYAL CARIBBEAN CRUISES | P | 2014-12-02 | 2020-03-09 | $50,733 | $75,733 | -$25,000 | -$25,000 |
| WHIRLPOOL CORP | P | 2016-11-23 | 2020-07-13 | $139,037 | $165,068 | -$26,031 | -$26,031 |
| WASTE MANAGEMENT INC | P | 2013-06-27 | 2020-09-30 | $113,525 | $40,203 | $73,322 | $73,322 |
| RAYIAR COMPANY - CLASS ACTION | P | 2012-01-31 | 2020-10-16 | $38 | $38 | $38 | |
| CAPITAL GAINS DIVIDENDS | P | $270 | $270 | $270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $273,529 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $7,023 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $7,023 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $7,023 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,005 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $3,005 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $4,018 | 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 | 0 | 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 | Yes (1) | 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 | CHARLES P MCQUAID | IndividualWithBooksNm |
| Phone | 6308528238 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1341 TURVEY ROAD | AddressLine1Txt |
| City | DOWNERS GROVE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 (3 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 |
|---|---|---|---|---|---|---|---|---|
| CHARLES P MCQUAID | ||||||||
| 1341 TURVEY ROAD | DOWNERS GROVE | IL | 60515 | SOLE TRUSTEE | 0.00 | $0 | $0 | $0 |
| MONICA MCQUAID | ||||||||
| 1341 TURVEY ROAD | DOWNERS GROVE | IL | 60515 | MEMBER OF THE DISTRIBUTION | 0.00 | $0 | $0 | $0 |
| JAMES JOSEPH MCQUAID | ||||||||
| 1341 TURVEY ROAD | DOWNERS GROVE | IL | 60515 | MEMBER OF THE DISTRIBUTION | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $10,723,615 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $564,285 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,287,900 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,287,900 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $169,319 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,118,581 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $555,929 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $555,929 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $7,023 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $7,023 | TotalTaxAmt |
| Distributable Before Adj | $548,906 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $548,906 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $548,906 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,440,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,440,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,440,000 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $548,906 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr3 | $25,396 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $555,072 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $698,645 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,279,113 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,440,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $548,906 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $891,094 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,170,207 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,170,207 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $25,396 | ExcessFromYear3Amt |
| Excess From Year2 | $555,072 | ExcessFromYear2Amt |
| Excess From Year1 | $698,645 | ExcessFromYear1Amt |
| Excess From Current Year | $891,094 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | CHARLES P MCQUAID | ContributingManagerNm |
| Contributing Manager | MONICA MCQUAID | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (15 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| BELMONT UNIVERSITY | ||||||
| 1900 BELMONT BOULEVARD | NASHVILLE | TN | 37212 | PC | LIBERAL ARTS AND PROFESSIONAL EDUCATION | $50,000 |
| BELOIT COLLEGE | ||||||
| 700 COLLEGE STREET | BELOIT | WI | 53511 | PC | ANNUAL FUND | $150,000 |
| BRIDGE COMMUNITIES INC | ||||||
| 505 CRESCENT BOULEVARD | GLEN ELLYN | IL | 60137 | PC | TRANSITIONAL HOUSING PROGRAM - EDUCATION PROGRAM | $75,000 |
| FRIENDS OF VIRGIN ISLANDS NATIONAL PARK | ||||||
| PO BOX 811 | ST JOHN | VI | 00831 | PC | ARCHEOLOGY, HERITAGE PROJECTS, MAINTENANCE AND TRAILS PROGRAMS | $175,000 |
| HEART OF NEW ENGLAND COUNCIL BSA | ||||||
| 19 HARVARD STREET | WORCESTER | MA | 01609 | PC | RENOVATE TREASURE VALLEY'S LIFE LODGE | $70,000 |
| MUSEUM OF SCIENCE AND INDUSTRY | ||||||
| 57TH STREET AND LAKE SHORE DRIVE | CHICAGO | IL | 60637 | PC | GENERAL FUND | $75,000 |
| PULMONARY FIBROSIS FOUNDATION | ||||||
| 230 EAST OHIO STREET SUITE 304 | CHICAGO | IL | 60611 | PC | CARE CENTER NETWORK AND PULMONARY FIBROSIS FOUNDATION REGISTRY | $200,000 |
| ST ALOYSIUS CHURCH | ||||||
| PO BOX 542 | GILBERTVILLE | MA | 01031 | PC | RENOVATION AND OPERATING COSTS OF SAINT ALOYSIUS CATHOLIC SCHOOL | $150,000 |
| THE MORTON AEBORETUM | ||||||
| 4100 ILLINOIS ROUTE 53 | LISLE | IL | 60532 | PC | UNRESTRICTED | $150,000 |
| THE UNIVERSITY OF CHICAGO | ||||||
| 5235 S HARPER COURT SUITE 450 | CHICAGO | IL | 60615 | PC | BECKERFRIEDMAN INSTITUTE FUND | $125,000 |
| UNIVERSITY OF MASSACHUSETTS | ||||||
| 134 HICKS WAY | AMHERST | MA | 01003 | PC | ENDOWED AND CURRENT SCHOLARSHIPS | $100,000 |
| UNIVERSITY OF CHICAGO BOOTH SCHOLARSHIP | ||||||
| 401 N MICHIGAN AVENUE | CHICAGO | IL | 60611 | PC | CURRENT SCHOLARSHIPS | $75,000 |
| ST JOSEPH HIGH SCHOOL | ||||||
| 10900 WEST CERMAK RD | WESTCHESTER | IL | 60154 | PC | FINANCIAL ASSISTANCE PROGRAM | $25,000 |
| NORTHERN ILLINOIS FOOD BANK | ||||||
| 273 DEARBORN COURT | GENEVA | IL | 60134 | PC | PROVIDE MEALS | $10,000 |
| ALL HANDS AND HEARTS | ||||||
| 6 COUNTRY ROAD | MATTAPOISETT | MA | 02739 | PC | US HURRICANE FUND | $10,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,440,000 | 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) |
|---|---|---|
| Related Or Exempt Function Incm | $24,709 | RelatedOrExemptFunctionIncmAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $210,752 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $273,529 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $0 | ExclusionAmt |
| Related Or Exempt Function Incm | $508,990 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $508,990 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (3 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | INVESTMENT INCOME |
| 4 | INVESTMENT INCOME |
| 8 | INVESTMENT INCOME (LOSS) |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | CHARLES AND MONICA MCQUAID | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1341 TURVEY ROAD | AddressLine1Txt |
| City | DOWNERS GROVE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60515 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $85,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | CORPORATE BONDS | BondNm |
| EOY Book Value | $70,953 | EOYBookValueAmt |
| EOYFMV | $77,350 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | COMMON STOCK | StockNm |
| EOY Book Value | $4,866,831 | EOYBookValueAmt |
| EOYFMV | $8,776,770 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $525,569 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $531,349 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MUTUAL FUNDS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,432,072 | BookValueAmt |
| EOYFMV | $1,986,206 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | INVESTMENT BROKERAGE FEE | Desc |
| Revenue And Expenses Per Books | $89 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $89 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | RETURN OF CAPITAL | Desc |
| Amt | $14,167 | Amt |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd |
|---|---|---|---|
| CHARLES P MCQUAID | |||
| 1341 TURVEY ROAD | DOWNERS GROVE | IL | 60515 |
| MONICA MCQUAID | |||
| 1341 TURVEY ROAD | DOWNERS GROVE | IL | 60515 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CHARITABLE TRUSTS BUREAU | $15 | $15 | $0 |
| FOREIGN TAXES | $3,661 | $3,661 | $0 |
Comments