HERRENDORF FAMILY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- HERRENDORF FAMILY FOUNDATION INC (EIN 36-3553268)
- Tax period
- 2019-07-01 to 2020-06-30
- Filed
- 2021-01-14
- IRS object ID
- 202110149349100401
- Schema version
- 2019v5.1
- 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
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-01-14T11:23:58-06:00 | ReturnTs |
| Tax Period End | 2020-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362260623 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lipschultz Levin & Gray LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 Huehl Road Bldg7 | AddressLine1Txt |
| City | Northbrook | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60062 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363553268 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Herrendorf Family Foundation Inc | BusinessNameLine1Txt |
| Business Name Line2 | C/O Joshua Herrendorf | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERR | BusinessNameControlTxt |
| Phone | 3122187204 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 425 Huehl Road Bldg 7 | AddressLine1Txt |
| City | Northbrook | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60062 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joshua Herrendorf | PersonNm |
| Person Title | President | PersonTitleTxt |
| Phone | 3122187204 | PhoneNum |
| Signature | 2021-01-14 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | William Finestone | PreparerPersonNm |
| PTIN | P01230529 | PTIN |
| Phone | 8472725300 | PhoneNum |
| Preparation | 2021-01-08 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | 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 | $33,380,149 | 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 | $300,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $62,265 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $62,265 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $581,216 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $581,216 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,835,560 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $35,321,773 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,835,560 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $173,417 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $173,417 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,952,458 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,652,458 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $75,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $75,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $32,325 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $32,325 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $27,900 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $27,900 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $87,124 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,060 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $418,432 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $187,461 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $98,829 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $640,781 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $193,521 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $234,054 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,507,933 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,507,933 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,148,714 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $193,521 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,741,987 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $803,744 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,458,937 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $1,406,052 | CashBOYAmt |
| Cash EOY | $1,471,107 | CashEOYAmt |
| Cash EOYFMV | $1,471,107 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $3,662,717 | SavAndTempCashInvstBOYAmt |
| Corporate Stock BOY | $25,564,611 | CorporateStockBOYAmt |
| Corporate Stock EOY | $25,525,072 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $25,525,072 | CorporateStockEOYFMVAmt |
| Mortgage Loans BOY | $100,000 | MortgageLoansBOYAmt |
| Mortgage Loans EOY | $100,000 | MortgageLoansEOYAmt |
| Mortgage Loans EOYFMV | $100,000 | MortgageLoansEOYFMVAmt |
| Other Investments BOY | $3,128,499 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $5,024,133 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,024,133 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,239,638 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,259,837 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,259,837 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $35,101,517 | TotalAssetsBOYAmt |
| Total Assets EOY | $33,380,149 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $33,380,149 | 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 | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $35,101,517 | RetainedEarningBOYAmt |
| Retained Earning EOY | $33,380,149 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $35,101,517 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $33,380,149 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $35,101,517 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $33,380,149 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $35,101,517 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $803,744 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $35,905,261 | SubtotalAmt |
| Other Decreases | $2,525,112 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $33,380,149 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| Various | P | $35,251,481 | $33,486,213 | $1,765,268 | $1,765,268 |
| Capital Gains Dividends | P | $70,292 | $70,292 | $70,292 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,835,560 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,850,684 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $34,485,900 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.053665 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,396,182 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $17,345,489 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.080493 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $30,900 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $274,559 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.112544 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $8,775 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $290,732 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.030182 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $40,278 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $305,150 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.131994 | DistributionYr5Rt |
| Total Distribution | 0.408878 | TotalDistributionRt |
| Average Distribution | 0.081776 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $34,661,131 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,834,449 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $24,589 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,859,038 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,741,987 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $49,179 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $49,179 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $49,179 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $35,000 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $65,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $100,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $458 | EsPenaltyAmt |
| Overpayment | $50,363 | OverpaymentAmt |
| Applied To ES Tax | $50,363 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | herrendorf.org | WebsiteAddressTxt |
| Individual With Books | David P Pogrund | IndividualWithBooksNm |
| Phone | 3127823636 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 East Wacker Drive | AddressLine1Txt |
| City | Chicage | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | 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 | Yes (1) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| 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 | Yes (1) | 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 (4 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 | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Suzi Glassman | ||||||||||||
| 120 N Village Way | Jupiter | FL | 33458 | VP/Director | 8.00 | $25,000 | $0 | $0 | ||||
| Joshua Herrendorf | ||||||||||||
| 120 N Village Way | Jupiter | FL | 33458 | President/Director | 8.00 | $25,000 | $0 | $0 | ||||
| Kasondra Cohen Herrendorf | ||||||||||||
| VP/Director | 10.00 | $25,000 | $0 | $0 | 3308 Trutch Street | Vancouver | British Columbia | CA | ||||
| David P Pogrund | ||||||||||||
| 1 East Wacker Drive | Chicago | IL | 60601 | Secretary/Treasurer | 1.00 | $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 | $25,544,842 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $3,269,988 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $6,374,135 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $35,188,965 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $35,188,965 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $527,834 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $34,661,131 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,733,057 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,733,057 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $49,179 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $36,208 | IncomeTaxAmt |
| Total Tax | $85,387 | TotalTaxAmt |
| Distributable Before Adj | $1,647,670 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,647,670 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,647,670 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,741,987 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,741,987 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,741,987 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,647,670 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $25,020 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $17,209 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $530,516 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $160,373 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $733,118 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,741,987 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,647,670 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $94,317 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $827,435 | 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 | $25,020 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $802,415 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $17,209 | ExcessFromYear3Amt |
| Excess From Year2 | $530,516 | ExcessFromYear2Amt |
| Excess From Year1 | $160,373 | ExcessFromYear1Amt |
| Excess From Current Year | $94,317 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (20 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line1RecipientForeignAddress/AddressLine1Txt | CityRecipientForeignAddress/CityNm | Province Or StateRecipientForeignAddress/ProvinceOrStateNm | CountryRecipientForeignAddress/CountryCd | Foreign PostalRecipientForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Admiral Cove Foundation | ||||||||||||
| 200 Admirals Cove Blvd | Jupiter | FL | 33477 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $75,000 | |||||
| Congregation Anshe Metale | ||||||||||||
| 6520 N California Ave | Chicago | IL | 60645 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $3,600 | |||||
| Arie Crown Hebrew Day School Endowment | ||||||||||||
| 30 S Wells St 4043 | Chicago | IL | 60606 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $83,333 | |||||
| Born This Way Foundation | ||||||||||||
| 250 W 57th Street 23rd Floor | New York | NY | 10107 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $25,000 | |||||
| Council for Jewish Elderly | ||||||||||||
| 3003 W Touhy Ave | Chicago | IL | 60645 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $20,000 | |||||
| Face of Today Foundation | ||||||||||||
| None | NC | Support the grantee's project proposal, C.A.R.E passport program and at-risk youth programs. | $610,000 | 207 West Hastings Street | Vancover | British Columbia | CA | V6B 1H7 | ||||
| Friends of United Hatzalah | ||||||||||||
| 208 East 51st Street Ste 303 | New York | NY | 10022 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $39,600 | |||||
| Heroes Hockey | ||||||||||||
| None | NC | purchasing of hockey equipment, insurance for youth and scholarship program | $36,400 | 184 - 1857 W 4th Avenue | Vancover | British Columbia | CA | V6J 1M4 | ||||
| Hillel Torah | ||||||||||||
| 7120 Laramie Ave | Skokie | IL | 60077 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $10,000 | |||||
| IL Holocaust Museum & Education | ||||||||||||
| 9603 Woods Drive | Skokie | IL | 60077 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $10,000 | |||||
| Israel Cancer Reseach Fund | ||||||||||||
| PO Box 36 | Hartsdale | NY | 10530 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $10,000 | |||||
| Jewish National Fund | ||||||||||||
| 42 E 69th Street | New York | NY | 10021 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $5,000 | |||||
| Jewish United Funds | ||||||||||||
| 30 S Wells Street | Chicago | IL | 60606 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $75,000 | |||||
| Man of Wander Creative | ||||||||||||
| None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $10,000 | 1260 Nelson Street Ste 1701 | Vancover | British Columbia | CA | V6E 1J7 | ||||
| Rush University | ||||||||||||
| 1201 W Harrison Street Ste 200 | Chicago | IL | 60607 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $5,000 | |||||
| Simon Weisenthal Center | ||||||||||||
| 1399 South Roxbury Drive | Los Angeles | CA | 90035 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $100,000 | |||||
| Solomon Schechter Day School | ||||||||||||
| 3210 Dundee Road | Northbrook | IL | 60062 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $10,000 | |||||
| The Wolcott School | ||||||||||||
| 524 N Wolcott Ave | Chicago | IL | 60622 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $15,000 | |||||
| WE Charity | ||||||||||||
| None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $355,000 | 339 Queen St | E Toronto | CA | M5A 1S9 | |||||
| Youth for a Better Tomorrow | ||||||||||||
| 1348 N Sedgwick Street | Chicago | IL | 60610 | None | 501(c)(3) | advocate for education, empowerment, and generational resilience | $10,000 | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,507,933 | 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 | $62,265 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $581,216 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $173,417 | UnrelatedBusinessTaxblIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,835,560 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $173,417 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,479,041 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,652,458 | 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 |
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 | Joseph D Ament | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 4545 W Touhy Ave Unit 315W | AddressLine1Txt |
| City | Lincolnwood | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 607121775 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $300,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Accounting | CategoryTxt |
| Amt | $27,900 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $27,900 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (5 entries)
| Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | Province Or StateForeignAddress/ProvinceOrStateNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Any Diversion By GranteeAnyDiversionByGranteeTxt | Expended By GranteeExpendedByGranteeAmt | Dates Of Reports By GranteeDatesOfReportsByGranteeTxt | VerificationVerificationDt | Results Of VerificationResultsOfVerificationTxt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Face of Today Foundation | ||||||||||||
| 207 West Hastings Street | Vancover | British Columbia | CA | V6B 1H7 | 2020-06-30 | $10,000 | Support the grantee's mission to ensure all youth and their communities feel empowered through access to resources and education. | To the knowledge of the grantor,there has not been any diversion | ||||
| Face of Today Foundation | ||||||||||||
| 207 West Hastings Street | Vancover | British Columbia | CA | V6B 1H7 | 2019-11-18 | $425,000 | Support the grantee's project proposal which includes the development of youth community resource center, youth fitness gym, recording and multimedia studio, youth programming and scholarships, general charity infrastructure development, community meals and events, and fundraising campaigns. The fundraising campaigns includes sponsorship for golf fundraiser, bike for your mental health campaign and fundraising gala. | To the knowledge of the grantor,there has not been any diversion | $415,874 | The grantee submitted a full and complete annual report on December 15, 2020 | 2020-12-15 | The grantor has no reason to doubt the accuracy or reliability of the report from the grantee; therefore, no independent verification of the report was made. |
| Heros Hockey | ||||||||||||
| 181-1857 W 4th Avenue | Vancover | British Columbia | CA | V6J 1M4 | 2020-06-16 | $36,400 | purchasing of hockey equipment,insurance for youth and scholarship program | To the knowledge of the grantor,there has not been any diversion | ||||
| Face of Today Foundation | ||||||||||||
| 207 West Hastings Street | Vancover | British Columbia | CA | V6B 1H7 | 2020-06-04 | $150,000 | Support the grantee's development of their at-risk youth programming by covering expenses that include resource center monthly rental and program fee. | To the knowledge of the grantor,there has not been any diversion | ||||
| Face of Today Foundation | ||||||||||||
| 207 West Hastings Street | Vancover | British Columbia | CA | V6B 1H7 | 2020-06-08 | $25,000 | Support the grantee's C.A.R.E. Passport program, providing bursaries, tutoring and education initiatives for youth as determined in the pre-grant inquiry. | To the knowledge of the grantor,there has not been any diversion | ||||
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Statement Regarding Activities | IdentifierTxt |
| Form And Line Reference | FORM 990, PT VII-B, LN 1a (4) | FormAndLineReferenceDesc |
| Medium Explanation | The Foundation does pay compensation to and reimburse some travel expenses incurred by disqualified persons. The compensation and travel expenses were reasonable and necessary in carrying out the exempt purpose of the Foundation. | MediumExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | Investments - Corporate Stocks | StockNm |
| EOY Book Value | $25,525,072 | EOYBookValueAmt |
| EOYFMV | $25,525,072 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | Investments - Others | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $5,024,133 | BookValueAmt |
| EOYFMV | $5,024,133 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $32,325 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $32,325 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (18 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 3510 Wilmette Storage LLC | -$41,103 | -$51,518 | -$51,518 |
| Brookfield Property | $171 | $0 | $0 |
| CAPX Fund IV LLC | $229,770 | $207,810 | $207,810 |
| Dirty Boots LLC | $8,773 | $13,270 | $13,270 |
| East Liverpool Nursing Realty LLC | $70,808 | $70,808 | $70,808 |
| Edgewater Growth Cap Ptnrs II | $134,161 | $56,066 | $56,066 |
| Greenwood Storage LLC | -$24,700 | -$52,635 | -$52,635 |
| HAN Hastings LLC | $34,873 | $48,903 | $48,903 |
| Hastings Acq LLC | $1,912 | -$8,706 | -$8,706 |
| Indiana Storage LLC | $2,017 | -$1,719 | -$1,719 |
| Pines Equity LP | $52,295 | $45,097 | $45,097 |
| Rock Island Capital Fund II LP | $587,899 | $589,809 | $589,809 |
| Silverspeak Legacy Fund II LP | $12,226 | $6,524 | $6,524 |
| Sixth (VI) Midwest Millenium Fund | $110,995 | $183,563 | $183,563 |
| Tal Equities III LP | $59,541 | $49,691 | $49,691 |
| Unapplied K1 Distributions | -$34,137 | -$34,137 | |
| PDC Ventures | $127,011 | $127,011 | |
| Other Receivables | $10,000 | $10,000 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrealized Loss | Desc |
| Amt | $2,525,112 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Investment Account Fees | $109,543 | $109,543 | $0 |
| Travel Expenses | $2,933 | $0 | $2,933 |
| Consulting Fees | $95,896 | $0 | $95,896 |
| Bank Fees | $148 | $148 | $0 |
| Loss on Hedge Funds | $77,770 | $77,770 | $0 |
| Investment Loss | $132,142 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Investment Holdings | Desc |
| Revenue And Expenses Per Books | $173,417 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $173,417 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $173,417 | AdjustedNetIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| Foreign Taxes WH on Div Income | $251 | $251 | $0 |
| State Taxes | $5,809 | $5,809 | $0 |
| Federal Taxes | $81,064 | $0 | $0 |
Comments