GILBERT FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
GILBERT FOUNDATION (EIN 36-4089976)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-13
IRS object ID
202101339349100110
Schema version
2020v4.0
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)
Return2021-05-13T05:26:34-07:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061834234PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1MCGREAL & ROBINSON LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1915 55TH ST STE 101AddressLine1Txt
CityWESTERN SPRINGSCityNm
State AbbreviationILStateAbbreviationCd
ZIP60558ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364089976EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GILBERT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGILBBusinessNameControlTxt
Phone7082122100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLEAddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAUREEN SHUREPersonNm
Person TitlePresidentPersonTitleTxt
Signature2021-05-13SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstMAUREENPersonFirstNm
Person LastSHUREPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICTORIA ROBINSONPreparerPersonNm
PTINP00443866PTIN
Phone7089379366PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$128,714FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$5,429DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,429DividendsNetInvstIncmAmt
Dividends Adj Net Incm$5,429DividendsAdjNetIncmAmt
Total Rev And Expnss$5,429TotalRevAndExpnssAmt
Total Net Invst Incm$5,429TotalNetInvstIncmAmt
Total Adj Net Incm$5,429TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$475AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$475AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$58TaxesRevAndExpnssAmt
Taxes Net Invst Incm$53TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$5TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,008TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$528TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$480TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$6,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$6,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$7,008TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$528TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$6,480TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$1,579ExcessRevenueOverExpensesAmt
Net Investment Income$4,901NetInvestmentIncomeAmt
Adjusted Net Income$5,429AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$3,809CashBOYAmt
Cash EOY$2,940CashEOYAmt
Cash EOYFMV$2,940CashEOYFMVAmt
Corporate Stock BOY$126,484CorporateStockBOYAmt
Corporate Stock EOY$125,774CorporateStockEOYAmt
Corporate Stock EOYFMV$125,774CorporateStockEOYFMVAmt
Total Assets BOY$130,293TotalAssetsBOYAmt
Total Assets EOY$128,714TotalAssetsEOYAmt
Total Assets EOYFMV$128,714TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$130,293RetainedEarningBOYAmt
Retained Earning EOY$128,714RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$130,293TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$128,714TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$130,293TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$128,714TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$130,293TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$1,579ExcessRevenueOverExpensesAmt
Subtotal$128,714SubtotalAmt
Tot Net Ast Or Fund Balances EOY$128,714TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$68InvestmentIncomeExciseTaxAmt
Subtotal$68SubtotalAmt
Tax Based On Investment Income$68TaxBasedOnInvestmentIncomeAmt
Tax Due$68TaxDueAmt

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
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THERESE C LANDSCHOOTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7082122100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLE 206AddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
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
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
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 (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MAUREEN SHURE
680 N LAKE SHORE DRIVE 1604CHICAGOIL60611President1.00$0
JAMES L DUNNE
791 PRINCETON LANENEW LENOXIL60451Director1.00$0
THERESE C LANDSCHOOT
123 ACACIA CIRCLE 206INDIAN HEAD PARKIL60525Treasurer3.00$0
SUSAN J DINA
4073 GROVE STWESTERN SPRINGSIL60558Director1.00$0
WILLIAM M DUNNE
9832 S KENNETH AVEOAK LAWNIL60453Director1.00$0
ROSE KENNEDY
9807 S KARLOV 307OAK LAWNIL60453Secretary1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$98,267AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$1,743AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$100,010TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$100,010AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,500CashDeemedCharitableAmt
Net Vl Noncharitable Assets$98,510NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,926MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,926MinimumInvestmentReturnAmt
Tax Based On Investment Income$68TaxBasedOnInvestmentIncomeAmt
Total Tax$68TotalTaxAmt
Distributable Before Adj$4,858DistributableBeforeAdjAmt
Distributable Before Ded$4,858DistributableBeforeDedAmt
Distributable As Adjusted$4,858DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$6,480ExpensesAndContributionsAmt
Qualifying Distributions$6,480QualifyingDistributionsAmt
Adjusted Qualifying Distri$6,480AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,858DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$1,220ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,698ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$965ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$619ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$1,454ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$5,956TotalExcessDistributionCyovAmt
Qualifying Distributions$6,480QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$4,858AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,622RemainingDistriFromCorpusAmt
Total Corpus$7,578TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$1,220ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$6,358ExcessDistriCyovToNextYrAmt
Excess From Year4$1,698ExcessFromYear4Amt
Excess From Year3$965ExcessFromYear3Amt
Excess From Year2$619ExcessFromYear2Amt
Excess From Year1$1,454ExcessFromYear1Amt
Excess From Current Year$1,622ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
RIDING WITH ANGELS INC
W691 COUNTY RD CIRCLEPALMYRAWI53136501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$300
MISERICORDIA WOMEN'S LEAGUE
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$1,500
NATIONAL JEWISH HEALTH
1400 JACKSON STREETDENVERCO80206501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$500
MISERICORDIA HOME
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$3,500
LEUKEMIA LYMPHONA
954 W WASHINGTON BLVD 305CHICAGOIL60607EOFUNRESTRICTED GRANT TO SUPPORT PEOPLE WITH CANCER$200
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$6,000TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,429ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,429ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,429TotalIncomeProducingActyAmt

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

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$950Amt
Net Investment Income$475NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$475DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
EOY Book Value$125,774EOYBookValueAmt
EOYFMV$125,774EOYFMVAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAX$48$48
ILLINOIS SECRETARY OF STATE$10$5$5

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