2021-10-28T07:46:22-05:00 2020-12-31 592008973 AHEARN JASCO COMPANY PA 190 SE 19TH AVENUE POMPANO BEACH FL 330607541 990PF 2020-01-01 237433827 LILLIAN S WELLS FOUNDATION INC LILL 7547018508 600 SAGAMORE ROAD FORT LAUDERDALE FL 33301 BARBARA S WELLS OFFICER/DIRECTOR 9544635630 2021-10-19 1 BARBARA WELLS 999009999 KATHERINE A BORKOWSKI CPA P01547511 9547818800 3 AAL1 IAL1 2020 2022-09-23 18:48:47Z X 44262318 X X 113329 113329 601899 593413 1906038 16306068 1906038 2621266 2612780 0 0 0 5444 5444 0 9000 9000 0 205788 205788 0 9935 9935 0 361 300 0 230528 230467 0 3382500 3382500 3613028 230467 3382500 -991762 2382313 1008875 3259234 3259234 2185467 2255418 2418616 20155578 19613255 32477415 913304 1051193 1100429 7160800 4248735 4966041 36156 40583 40583 31460180 30468418 44262318 0 0 X 27852279 27852279 0 0 3607901 2616139 31460180 30468418 31460180 30468418 31460180 -991762 0 30468418 0 30468418 MORGAN STANLEY - (111206) 2988930 2988961 -31 -31 MORGAN STANLEY - (111207) 276275 260142 16133 16133 MORGAN STANLEY - (111207) 1402313 1340264 62049 62049 MORGAN STANLEY - (111208) 248060 322321 -74261 -74261 MORGAN STANLEY - (111208) 640166 588033 52133 52133 MORGAN STANLEY - (111209) 1329901 1248235 81666 81666 MORGAN STANLEY - (111209) 1319719 857024 462695 462695 MORGAN STANLEY - (111209) 1911 1911 1911 MORGAN STANLEY - (111211) 51215 50681 534 534 MORGAN STANLEY - (111211) 191521 142152 49369 49369 MORGAN STANLEY - (111212) 65510 102324 -36814 -36814 MORGAN STANLEY - (111212) 508106 467620 40486 40486 MORGAN STANLEY - (111213) 775208 823457 -48249 -48249 MORGAN STANLEY - (111213) 1493348 1563060 -69712 -69712 MORGAN STANLEY - (111214) 620144 567342 52802 52802 MORGAN STANLEY - (111214) 1234520 839333 395187 395187 MORGAN STANLEY - (111215) 618188 507422 110766 110766 MORGAN STANLEY - (111215) 2053868 1251886 801982 801982 MORGAN STANLEY - (111216) 32931 34175 -1244 -1244 MORGAN STANLEY - (111216) 390248 383224 7024 7024 MORGAN STANLEY - (111216) 59656 62374 -2718 -2718 CAPITAL GAINS DIVIDENDS P 4330 4330 4330 1906038 33114 0 33114 0 33114 11125 0 15000 0 26125 X 403 7392 0 0 0 0 0 0 0 0 0 0 1 1 FL 1 0 0 0 0 1 NONE J PALMIERI 7547018508 600 SAGAMORE ROAD FORT LAUDERDALE FL 33301 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 BARBARA S WELLS 600 SAGAMORE ROAD FORT LAUDERDALE FL 33301 PRESIDENT, DIRECTOR 1.00 0 0 0 ELLEN MCPHERSON 10905 BURBANK DRIVE POTOMAC MD 20854 DIRECTOR, TREASURER 1.00 0 0 0 JAMES I ULMER 1314 EAST LAS OLAS BLVD 905 FORT LAUDERDALE FL 33301 DIRECTOR, VP, ASSIST TREAS 1.00 0 0 0 WALTER W BELL 135 S LASALLE STREET CHICAGO IL 606034153 SECRETARY 1.00 0 0 0 GEORGE D SMITH III 792 FOREST AVE GLEN ELLYN IL 60137 DIRECTOR, ASSIST TREASURER 1.00 0 0 0 NONE 0 MORGAN STANLEY 350 E LAS OLAS BLVD STE 1200 FORT LAUDERDALE FL 33301 INVESTMENT ADVISORY SERVICES 204817 0 0 35604404 1357423 0 36961827 0 0 36961827 554427 36407400 1820370 1820370 33114 33114 1787256 0 1787256 0 1787256 3382500 0 3382500 0 3382500 1787256 0 0 1112371 811459 1598618 987502 1780131 6290081 3382500 0 0 0 1787256 1595244 0 0 7885325 0 0 0 0 0 0 1112371 6772954 811459 1598618 987502 1780131 1595244 X ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO 225 E CHICAGO AVE BOX 4 CHICAGO IL 606112605 NO RELATIONSHIP PUBLIC LAUREN D. HOLINGER, MD PROFESSORSHIP IN PEDIATRIC OTOLARYNGOLOGY 250000 BROWARD PERFORMING ARTS FOUNDATION 201 SW 5TH AVENUE FORT LAUDERDALE FL 33312 NO RELATIONSHIP PUBLIC CAMPAIGN FOR PARKER PLAYHOUSE 500000 HERITAGE FOUNDATION 214 MASSACHUSETTS AVE WASHINGTON DC 20002 NO RELATIONSHIP PUBLIC FOR HEALTH POLICY STUDIES 500000 HOLY CROSS HOSPITAL 4725 N FEDERAL HWY FORT LAUDERDALE FL 33308 NO RELATIONSHIP PUBLIC WOMENS HEALTH CENTER 292500 INTERCOLLEGIATE STUDIES INSTITUTE INC 3901 CENTERVILLE ROAD WILMINGTON DE 19807 NO RELATIONSHIP PUBLIC HONORS PROGRAM 100000 JAMES MADISON INSTITUTE 2017 DELTA BOULEVARD TALLAHASSEE FL 32303 NO RELATIONSHIP PUBLIC CIVICS EDUCATIONS STUDIES 100000 JUNIOR ACHIEVEMENT OF SOUTH FLORIDA 1130 COCONUT CREEK BLVD COCONUT CREEK FL 33066 NO RELATIONSHIP PUBLIC GENERAL PURPOSES 500000 MISS PORTER'S SCHOOL 60 MAIN STREET FARMINGTON CT 06032 NO RELATIONSHIP PUBLIC GENERAL PURPOSES 50000 NOVA SOUTHEASTERN UNIVERSITY 3301 COLLEGE AVENUE FORT LAUDERDALE FL 333147796 NO RELATIONSHIP PUBLIC ART MASTER TEACHER AND CURATOR OF EDUCATION ART MUSEUM 50000 ST MARKS EPISCOPAL CHURCH 393 N MAIN STREET GLEN ELLYN IL 60137 NO RELATIONSHIP PUBLIC SPANISH LANGUAGE SERVICES 30000 THE LATINO STUDENT FUND PO BOX 5403 WASHINGTON DC 20016 NO RELATIONSHIP PUBLIC GENERAL PURPOSES 10000 UNIVERSITY OF FLORIDA FOUNDATION P O BOX 100243 GAINSVILLE FL 32610 NO RELATIONSHIP PUBLIC L.S. WELLS FUND FOR BRAIN TUMOR RESEARCH 1000000 3382500 0 14 113329 14 601899 18 1906038 0 2621266 0 2621266 3 EACH OF THE INCOME ITEMS REPORTED IN PART XVI-A ARE FROM THE FOUNDATION'S INVESTMENTS. THE FOUNDATION DOES NOT PERFORM ANY OTHER INCOME PRODUCING ACTIVITIES. 8 EACH OF THE INCOME ITEMS REPORTED IN PART XVI-A ARE FROM THE FOUNDATION'S INVESTMENTS. THE FOUNDATION DOES NOT PERFORM ANY OTHER INCOME PRODUCING ACTIVITIES. 0 0 0 0 0 0 0 0 0 0 ACCOUNTING FEES, SEE STATEMENT ATTACHED 9000 9000 0 SCHEDULE FOR FORM 990-PF, PART 1, LINES 16A, B, & C PURSUANT TO THE INSTRUCTIONS FOR FORM 990-PF, BELOW IS A SCHEDULE FOR THE ABOVE REFERENCED LINES TO DISCLOSE THE TYPE OF SERVICE AND THE AMOUNT OF EXPENSE:LINE 16A: LEGAL FEES, SERVICES BY BELL & ANDERSON, LLC WERE FOR GENERAL LEGAL AND MANAGEMENT MATTERS. TOTAL FOR SERVICES: $5,444.LINCE 16B: ACCOUNTING FEES, SERVICES BY AHEARN JASCO + COMPANY, P.A. WERE FOR GENERAL ACCOUNTING AND TAX PREPARATION MATTERS. TOTAL FOR SERVICES: $9,000.LINCE 16C: INVESTMENT ADVISORY FEES, SERVICES BY MORGAN STANLEY, FOR MANAGEMENT OF THE FOUNDATIONS INVESTMENT PORTFOLIO WHICH INCLUDES OF PUBLICALLY TRADED SECURITIES. TOTAL FOR SERVICES, $205,788. SCHEDULE FOR FORM 990-PF, PART 1, LINE 18 PURSUANT TO THE INSTRUCTIONS FOR FORM 990-PF, BELOW IS A SCHEUDLE FOR THE ABOVE REFERENCED LINE TO DISCLOSE THE TYPE AND THE AMOUNT OF TAX REPORTED:LINE 18: FOREIGN TAXES WITHHELD ON DIVIDEND PAYMENTS: $9,935. SCHEDULE FOR FORM 990-PF, PART II, LINES 10A, B, C & 13 PURSUANT TO THE INSTRUCTIONS FOR FORM 990-PF, FOR PART II, LINES 10A-10C AS WELL AS 13, "ATTACHED A SCHEDULE THAT LISTS EACH SECURITY HELD AT THE END OF THE YEAR."ADDITIONALLY, THE TAXPAYER FIRST ACT, SECTION 3101, REQUIRES THAT RETURNS BY EXEMPT ORGANIZATIONS BE ELECTIONIALLY FILED FOR TAX YEARS BEGINNING IN 2020. THE LILLIAN S. WELLS FOUNDATION HOLDS NUMEROUS INVESTMENTS WITHIN MULTIPLE BROKERAGE ACCOUNTS. THE LISTING OF THE INDIVIDUAL INVESTMENTS ON THE FORM 990-PF WOULD CREATE AN UNDUE BURDEN. IN PRIOR YEARS, THE FOUNDATION HAS PAPERFILED THE 990-PF WITH ATTACHED APPENDICES A, B, & C WHICH WOULD LIST EACH SECURITY HELD PURSURANT TO THE INSTRUCTIONS. IN PRIOR YEARS, THE FOUNDATION HAS TRIED TO ELECTRONICALLY FILE THE TAX RETURN AS IT PROVIDED A SIMPLER WAY TO FILE; HOWEVER, THE ATTACHMENT OF THE APPENDICES WOULD NOT BE SUPPORTED BY THE COMPUTER SOFTWARE. FOR THE TAX YEAR 2019, THE FOUNDATION PAPER FILED THE RETURN BASED ON THE LIMITATIONS ABOVE. LATE 2020, THE FOUNDATION RECEIVED A NOTICE STATING THAT THE RETURN WAS REQUIRED TO BE ELECTRONICALLY FILED PURSUANT TO THE ABOVE AND WOULD NOT BE ACCEPTED BY THE IRS. IN CORRESPONDANCE WITH THE IRS, THE FOUNDATION EXPLAINED THE SOFTWARE LIMIATIONS AND REQUESTED ADDITIONAL INSTRUCTIONS. DUE TO THE ABOVE REQUIREMENTS, EXPLAINATIONS, AND LIMIATIONS, THE FOUNDATION'S APPENDICES A, B, & C WHICH LIST THE INDIVIDUAL INVESTMENTS BY ACCOUNT AND INVESTMENT TYPE, IS NOT ATTACHED TO THE RETURN BUT IS AVAILABLE UPON REQUEST. MORGAN STANLEY (111207) CORPORATE BONDS - SEE APPENDIX C 1051193 1100429 MORGAN STANLEY (111206) CORPORATE STOCK - SEE APPENDIX A 257220 1494621 MORGAN STANLEY (111208) CORPORATE STOCK - SEE APPENDIX A 2064247 3327699 MORGAN STANLEY (111209) CORPORATE STOCK - SEE APPENDIX A 2378306 4919843 MORGAN STANLEY (111210) EXCHANGE TRADED & MUTUAL FUNDS - SEE APPENDIX B 2971861 3499201 MORGAN STANLEY (111211) CORPORATE STOCK - SEE APPENDIX A 690069 1119839 MORGAN STANLEY (111212) CORPORATE STOCK - SEE APPENDIX A 2175771 2884940 MORGAN STANLEY (111213) CORPORATE STOCK - SEE APPENDIX A 4286891 5097551 MORGAN STANLEY (111214) CORPORATE STOCK - SEE APPENDIX A 1974828 3459891 MORGAN STANLEY (111215) CORPORATE STOCK - SEE APPENDIX A 2814062 6673830 2255418 2418616 0 0 300 OZ GOLD FMV 111960 568098 500.3511 OZ PLATINUM FMV 358251 536932 MORGAN STANLEY (111207) GOVERNMENT BACKED SECURITIES - SEE APPENDIX B FMV 286217 286549 MORGAN STANLEY (111207) MUTUAL FUNDS - SEE APPENDIX B FMV 642070 655550 MORGAN STANLEY (111216) GOVERNMENT BACKED SECURITIES - SEE APPENDIX B FMV 978510 1038573 MORGAN STANLEY (111216) MUTUAL FUNDS - SEE APPENDIX B FMV 1840825 1849437 MORGAN STANLEY (111210) MUTUAL FUNDS - SEE APPENDIX B FMV 30902 30902 LEGAL FEES, SEE STATEMENT ATTACHED 5444 5444 0 ACCRUED INTEREST RECEIVABLE 25510 33804 33804 DIVIDEND INCOME RECEIVABLE 10646 6779 6779 SAFE DEPOSIT BOX 300 300 0 GOVERNMENTAL FEES 61 0 0 INVESTMENT ADVISORY FEES, SEE STATEMENT ATTACHED 205788 205788 0 FOREIGN TAXES WITHHELD ON DIVIDENDS 9935 9935 0