LEFKOFSKY FAMILY FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- LEFKOFSKY FAMILY FOUNDATION (EIN 20-7066362)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-15
- IRS object ID
- 202103199349109180
- 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
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Amortization Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-15T17:46:04-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MILLER COOPER & CO LTD | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1751 Lake Cook Road Suite 400 | AddressLine1Txt |
| City | Deerfield | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60015 | 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 | 207066362 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Lefkofsky Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ERIC & ELIZABETH LEFKOFSKY | InCareOfNm |
| Business Name Control | LEFK | BusinessNameControlTxt |
| Phone | 3129067477 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 West Chicago Ave Suite 510 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Eric Lefkofsky | PersonNm |
| Person Title | Officer | PersonTitleTxt |
| Phone | 3129975700 | PhoneNum |
| Signature | 2021-05-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Eric | PersonFirstNm |
| Person Last | Lefkofsky | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| PTIN | P00380249 | PTIN |
| Phone | 8472055000 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| 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 | $59,387,811 | 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 | $8,334,602 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $519,780 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $519,780 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,865,290 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $6,767,430 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $13,317,209 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $395,958 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $395,958 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $11,115,630 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $14,232,947 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $90,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $90,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $501,861 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $501,861 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $55,417 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $55,417 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $3,150 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,150 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $79,500 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Dsbrs Chrtbl | $79,500 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $137,756 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $137,756 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $102,780 | TaxesRevAndExpnssAmt |
| Taxes Dsbrs Chrtbl | $49,780 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $8,801 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $8,801 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $2,488 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,488 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $371,842 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $250,549 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $121,293 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,353,595 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $397,106 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $903,489 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,478,752 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,478,752 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $6,832,347 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $397,106 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $6,382,241 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $4,283,283 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $13,835,841 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,180,143 | CashBOYAmt |
| Cash EOY | $216,510 | CashEOYAmt |
| Cash EOYFMV | $216,510 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $9,516,135 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $10,722,070 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $10,722,070 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $8,625 | AcctRcvblAmt |
| Acct Rcvbl BOY | $52,548 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $8,625 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $8,625 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $4,824,984 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,945,493 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,032,169 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $132,008 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $13,201 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $127,608 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $118,807 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $118,807 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $31,987,402 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $33,016,555 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $33,289,630 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $47,688,820 | TotalAssetsBOYAmt |
| Total Assets EOY | $52,028,060 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $59,387,811 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $12,681 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $68,638 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $12,681 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $68,638 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $47,676,139 | CapitalStockBOYAmt |
| Capital Stock EOY | $51,959,422 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $47,676,139 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $51,959,422 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $47,688,820 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $52,028,060 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $47,676,139 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $4,283,283 | ExcessRevenueOverExpensesAmt |
| Subtotal | $51,959,422 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $51,959,422 | 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 |
|---|---|---|---|---|
| 540,000 SHS INNERWORKINGS INC | $1,558,999 | $0 | $1,558,999 | $1,558,999 |
| 1,370 SHS VANGUARD 500 INDEX | $346,378 | $346,378 | ||
| 23,981 SHS LOOMIS SAYLES FUND | $310,791 | $326,139 | -$15,348 | -$15,348 |
| 1,766 SHS FIDELITY OVERSEAS | $69,266 | $88,441 | -$19,175 | -$19,175 |
| 62 SHS LOOMIS SAYLES FUND | $799 | $835 | -$36 | -$36 |
| 190,639 SHS TEMPUS LABS, INC. | $7,311,463 | $0 | $7,311,463 | $7,311,463 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $13,317,209 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $192,318 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $192,318 | SubtotalAmt |
| Tax Based On Investment Income | $192,318 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $97,116 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Total Payments And Credits | $97,116 | TotalPaymentsAndCreditsAmt |
| Tax Due | $95,202 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | www.lefkofskyfoundation.com | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERIC & ELIZABETH LEFKOFSKY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3129067477 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 WEST CHICAGO AVE SUITE 510 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (2 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 |
|---|---|---|---|---|---|---|---|---|
| ERIC P LEFKOFSKY | ||||||||
| 600 West Chicago Ave Suite 510 | Chicago | IL | 60654 | TRUSTEE | 0 | $0 | $0 | $0 |
| ELIZABETH KRAMER LEFKOFSKY | ||||||||
| 600 West Chicago Ave Suite 510 | Chicago | IL | 60654 | TRUSTEE | 40.0 | $90,000 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| EMILY SWEET | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | DIRECTOR | 40.0 | $166,400 |
| RACHEL GRAHAM | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | DIRECTOR | 40.0 | $130,000 |
| ELIZABETH LEFKOFSKY | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | EXECUTIVE DIRECTOR | 40.0 | $90,000 |
| ELSPETH LEMAN | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | SUCCESS BOUND COACH | 40.0 | $78,000 |
| SHAUNTEL VAUGHN | ||||||
| 600 W CHICAGO AVE | CHICAGO | IL | 60654 | SUCCESS BOUND COACH | 40.0 | $72,000 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $7,443,489 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $12,117,527 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $19,561,016 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $19,561,016 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $293,415 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $19,267,601 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $963,380 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $963,380 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $192,318 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $192,318 | TotalTaxAmt |
| Distributable Before Adj | $771,062 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $771,062 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $771,062 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $6,382,241 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $6,382,241 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $6,382,241 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $771,062 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2018 | PriorYear1Yr |
| Prior Year2 | 2017 | PriorYear2Yr |
| Prior Year3 | 2016 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $7,074,232 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $5,307,020 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $5,738,643 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $6,615,324 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $4,943,087 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $29,678,306 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $6,382,241 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $771,062 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $5,611,179 | RemainingDistriFromCorpusAmt |
| Total Corpus | $35,289,485 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $7,074,232 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $28,215,253 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $5,307,020 | ExcessFromYear4Amt |
| Excess From Year3 | $5,738,643 | ExcessFromYear3Amt |
| Excess From Year2 | $6,615,324 | ExcessFromYear2Amt |
| Excess From Year1 | $4,943,087 | ExcessFromYear1Amt |
| Excess From Current Year | $5,611,179 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | ERIC LEFKOFSKY ELIZABETH LEFKOFSKY | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED STATEMENT OF CONTRIBUTIONS | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 West Chicago Ave Suite 510 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | none | RecipientRelationshipTxt |
| Grant Or Contribution Purpose | CHARITABLE | GrantOrContributionPurposeTxt |
| Amt | $5,478,752 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,478,752 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $519,780 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 41 | ExclusionCd |
| Exclusion | $395,958 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $13,317,209 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $14,232,947 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $14,232,947 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (4 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| Blue Media LLC | |||||||
| 1 | 600 WEST CHICAGO AVE SUITE 510 | CHICAGO | IL | 60654 | $7,311,463 | Yes (X) | |
| WILLIAM SANDRA LEFKOFSKY | |||||||
| 2 | 3319 Bloomfield Shore Drive | WEST BLOOMFIELD | MI | 48323 | $50,000 | Yes (X) | |
| Estate of William Lefkofsky | |||||||
| 3 | 5355 Pleasant Lake Drive | West Bloomfield | MI | 48322 | $186,589 | Yes (X) | |
| Estate of William Lefkofsky | |||||||
| 4 | 5355 Pleasant Lake Drive | West Bloomfield | MI | 48322 | $786,550 | Yes (X) | |
Non Cash Property Contribution NonCashPropertyContributionGrp (4 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 190,639 Shares of Tempus, Inc. Privately Held Securities | $7,311,463 | 2020-04-03 |
| 4 | 1,370.493 Vanguard 500 Index Fund Admiral Shares publicly traded securities | $377,228 | 2020-03-06 |
| 4 | 24,042.449 Loomis Sayles Bond Fund Institutional Class Shares publicly traded securities | $325,295 | 2020-03-06 |
| 4 | 1,765.648 Fidelity Overseas Fund Shares publicly traded securities | $84,027 | 2020-03-06 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $3,150 | Amt |
| Disbursements Charitable Prps | $3,150 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Amortization Schedule AmortizationSchedule
Amortization Schedule Detail AmortizationScheduleDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amortized Expenses | DOMAIN NAME | AmortizedExpensesDesc |
| Acquired Completed Or Expended | 2019-07-11 | AcquiredCompletedOrExpendedDt |
| Amortized | $132,008 | AmortizedAmt |
| Deduction For Prior Years | $4,400 | DeductionForPriorYearsAmt |
| Amortization Period | 15.0 | AmortizationPeriodRt |
| Current Year Amortization | $8,801 | CurrentYearAmortizationAmt |
| Total Amortization | $13,201 | TotalAmortizationAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| INNERWORKINGS INC | $0 | $0 |
| EXICURE | $180,000 | $106,200 |
| ISTARI ONCOLOGY INC | $529,284 | $529,284 |
| GROUPON | $7,236,209 | $14,396,685 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | DOMAIN NAME | CategoryOrItemTxt |
| Cost Or Other Basis | $132,008 | CostOrOtherBasisAmt |
| Accumulated Depreciation | $13,201 | AccumulatedDepreciationAmt |
| Book Value | $118,807 | BookValueAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BDT CAPITAL PARTNERS II | AT COST | $5,281,592 | $5,386,938 |
| IMPACT ENGINE IV | AT COST | $77,356 | $77,324 |
| SERIES B-2 INVESTMENTS | AT COST | $0 | $0 |
| SERIES G INVESTMENTS | AT COST | $11,354,793 | $11,354,793 |
| 346 SHORT | AT COST | $16,252,814 | $16,420,575 |
| ART EXPOSITIONS | AT COST | $50,000 | $50,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (23 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| OFFICE SUPPLIES | $378 | $378 | |
| COMPUTER & INTERNET | $104 | $104 | |
| MISCELLANEOUS EXPENSES | $1,743 | $1,743 | |
| PAYROLL ADMIN FEES | $12,357 | $12,357 | |
| PASS-THROUGH EXPENSES FROM BDT | |||
| CAPITAL PARTNERS FUND II (TE) | |||
| FEIN: 30-0832885 | $82,831 | $82,831 | |
| PASS-THROUGH EXPENSES FROM | |||
| IMPACT ENGINE IV, LLC | |||
| FEIN: 47-4070307 | $951 | $951 | |
| DUES AND SUBSCRIPTIONS | $210 | $210 | |
| CONSULTING EXPENSES | $36,000 | $36,000 | |
| RENT EXPENSE | $27,863 | $27,863 | |
| SUCCESS BOUND EXPENSES | $29,340 | $29,340 | |
| PASS-THROUGH EXPENSES FROM | |||
| 346 SHORT, LLC | |||
| FEIN: 47-5537311 | $166,454 | $166,454 | |
| PASS-THROUGH EXPENSES FROM | |||
| FUND II-A SPIRITS, LP | |||
| FEIN: 83-1066369 | $313 | $313 | |
| POSTAGE AND DELIVERY | $11 | $11 | |
| ADVERTISING | $9,600 | $9,600 | |
| ISNURANCE EXPENSE | $3,687 | $3,687 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BDT CAPITAL PARTNERS FUND II PORTFOLIO | $23,875 | $23,875 |
| 346 SHORT - OTHER INCOME | -$84,816 | -$84,816 |
| 346 SHORT - OTHER ORDINARY INCOME | $456,899 | $456,899 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | AMERICAN EXPRESS PAYABLE | Desc |
| BOY Book Value | $12,681 | BOYBookValueAmt |
| EOY Book Value | $68,638 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $79,500 | Amt |
| Disbursements Charitable Prps | $79,500 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| PAYROLL TAXES | $47,727 | $47,727 |
| OTHER TAXES | $55,053 | $2,053 |
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