KNOWLES FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- KNOWLES FOUNDATION (EIN 36-6051968)
- Tax period
- 2019-10-01 to 2020-09-30
- Filed
- 2021-07-21
- IRS object ID
- 202132029349100308
- Schema version
- 2019v5.2
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-07-21T10:24:04-05:00 | ReturnTs |
| Tax Period End | 2020-09-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N Wacker Drive | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2019-10-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366051968 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | The Knowles Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MICHAEL POWERS | InCareOfNm |
| Business Name Control | KNOW | BusinessNameControlTxt |
| Phone | 3123724000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S MICHIGAN AVENUE Suite 1100 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042501 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MICHAEL POWERS | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3124563416 | PhoneNum |
| Signature | 2021-07-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHERINE E KURTZMAN | PreparerPersonNm |
| PTIN | P01236691 | PTIN |
| Phone | 3128792000 | PhoneNum |
| 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 | $24,858,759 | 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 | $9,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $103,196 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $103,196 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $336,847 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $336,847 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $67,606 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,653,275 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $67,606 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $9,507,649 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $507,649 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $77,299 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $38,649 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $38,648 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $12,360 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $6,180 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $6,180 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $53,139 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $53,139 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $25 | TaxesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $142,823 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $97,968 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $44,828 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,055,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,055,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,197,823 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $97,968 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,099,828 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $8,309,826 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $409,681 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,424,486 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,322,970 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,323,031 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $5,432,953 | CorporateStockBOYAmt |
| Corporate Stock EOY | $9,078,812 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,154,402 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $8,374,814 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $13,140,297 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $13,381,326 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $16,232,253 | TotalAssetsBOYAmt |
| Total Assets EOY | $24,542,079 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $24,858,759 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $16,232,253 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $24,542,079 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,232,253 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $24,542,079 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,232,253 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $24,542,079 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,232,253 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $8,309,826 | ExcessRevenueOverExpensesAmt |
| Subtotal | $24,542,079 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $24,542,079 | 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 |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | P | $10,648,493 | $10,585,669 | $62,824 | $62,824 |
| CAPITAL GAIN DIVIDENDS | P | $4,782 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $67,606 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $735,475 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $13,933,836 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052783 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $274,507 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $5,879,627 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.046688 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $272,056 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $5,598,802 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.048592 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $281,361 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $5,328,668 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.052801 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $280,370 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $5,678,186 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.049377 | DistributionYr5Rt |
| Total Distribution | 0.250241 | TotalDistributionRt |
| Average Distribution | 0.050048 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,347,672 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,018,360 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,097 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,022,457 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,099,828 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $4,097 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $4,097 | SubtotalAmt |
| Tax Based On Investment Income | $4,097 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,230 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $6,200 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $9,430 | TotalPaymentsAndCreditsAmt |
| Overpayment | $5,333 | OverpaymentAmt |
| Applied To ES Tax | $5,333 | AppliedToESTaxAmt |
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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MICHAEL POWERS | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3124563416 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S MICHIGAN AVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042501 | 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 | Yes (true) | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| 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 (3 entries)
| Address Line1USAddress/AddressLine1Txt | Address Line2USAddress/AddressLine2Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|---|
| MICHAEL J POWERS | |||||||||
| 200 S MICHIGAN AVENUE | SUITE 1100 | CHICAGO | IL | 606042501 | DIRECTOR/TREASURER/SECRETARY | 0.5 | $0 | $0 | $0 |
| DAVID J HILL | |||||||||
| 1206 HAWTHORNE LANE | HINSDALE | IL | 60521 | DIRECTOR/PRESIDENT | 0.5 | $0 | $0 | $0 | |
| RONALD LAWLER | |||||||||
| 5W455 LEXINGTON ST | ELMHURST | IL | 60126 | DIRECTOR | 0.5 | $0 | $0 | $0 | |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HOWARD & HOWARD ATTORNEYS PLLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 S MICHIGAN AVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606042501 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ATTORNEY FEES | ServiceTypeTxt |
| Compensation | $77,299 | CompensationAmt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | 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 | $20,498,582 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $158,953 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,657,535 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,657,535 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $309,863 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,347,672 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,017,384 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,017,384 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,097 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,097 | TotalTaxAmt |
| Distributable Before Adj | $1,013,287 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,013,287 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,013,287 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,099,828 | 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 | $1,099,828 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,097 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $1,095,731 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,013,287 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Prior Year1 | 2017 | PriorYear1Yr |
| Prior Year2 | 2016 | PriorYear2Yr |
| Prior Year3 | 2015 | PriorYear3Yr |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,669 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $22,402 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr1 | $45,243 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $71,314 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,099,828 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,013,287 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $86,541 | RemainingDistriFromCorpusAmt |
| Total Corpus | $157,855 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $3,669 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $154,186 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $22,402 | ExcessFromYear4Amt |
| Excess From Year1 | $45,243 | ExcessFromYear1Amt |
| Excess From Current Year | $86,541 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADLER PLANETARIUM | |||||||
| 1300 S LAKE SHORE DRIVE | CHICAGO | IL | 60605 | NONE | PC | General Fund | $35,000 |
| ALLIANCE FOR THE GREAT LAKES | |||||||
| 150 N MICHIGAN AVE SUITE 700 | CHICAGO | IL | 60601 | NONE | PC | General Fund | $25,000 |
| CHICAGO ARCHITECTURE CENTER | |||||||
| 111 E WACKER DR SUITE 1321 | CHICAGO | IL | 60601 | NONE | PC | General Fund | $40,000 |
| ELMHURST MEMORIAL HOSPITAL | |||||||
| 155 E BRUSH HILL RD | ELMHURST | IL | 60126 | NONE | PC | Sonifi and Hospital at Home Programs | $100,000 |
| FOUNDATION OF HEARING AND SPEECH REHABILIATION | |||||||
| PO BOX 180018 | CHICAGO | IL | 60618 | NONE | PC | Music to My Ears Program | $12,500 |
| FOUNDATION OF HEARING AND SPEECH REHABILIATION | |||||||
| PO BOX 180018 | CHICAGO | IL | 60618 | NONE | PC | General Fund | $25,000 |
| FRIENDS OF THE CHICAGO RIVER | |||||||
| 411 S WELLS ST SUITE 800 | CHICAGO | IL | 60607 | NONE | PC | General Fund | $70,000 |
| GIGI'S PLAYHOUSE | |||||||
| 2350 W HIGGINS ROAD | HOFFMAN ESTATES | IL | 60169 | NONE | PC | General Fund | $80,000 |
| GREATER CHICAGO FOOD DESPOSITORY | |||||||
| 4100 W ANN LURIE PLACE | CHICAGO | IL | 60632 | NONE | PC | General Fund | $40,000 |
| LINCOLN PARK ZOO | |||||||
| 2001 N CLARK ST | CHICAGO | IL | 60614 | NONE | PC | General Fund | $30,000 |
| LOYOLA UNIVERSITY MEDICAL CENTER | |||||||
| 2160 S 1ST AVE | MAYHOOD | IL | 60153 | NONE | PC | Merci Radio System | $42,500 |
| LOYOLA UNIVERSITY MEDICAL CENTER | |||||||
| 2160 S 1ST AVE | MAYHOOD | IL | 60153 | NONE | PC | Vital Signs Machines | $57,500 |
| LYRIC OPERA OF CHICAGO | |||||||
| 20 N WACKER DR SUITE 860 | CHICAGO | IL | 60606 | NONE | PC | General Fund | $75,000 |
| MERIT SCHOOL OF MUSIC | |||||||
| 38 SOUTH PEORIA STREET | CHICAGO | IL | 60607 | NONE | PC | Music to My Ears Program | $12,500 |
| MERIT SCHOOL OF MUSIC | |||||||
| 38 SOUTH PEORIA STREET | CHICAGO | IL | 60607 | NONE | PC | General Fund | $65,000 |
| MUSEUM OF SCIENCE AND INDUSTRY | |||||||
| 5700 SOUTH LAKE SHORE DRIVE | CHICAGO | IL | 60637 | NONE | PC | General Fund | $35,000 |
| NORTHWESTERN UNIVERSITY | |||||||
| 633 CLARK STREET | EVANSTON | IL | 60208 | NONE | PC | General Fund | $10,000 |
| RAY GRAHAM ASSOCIATION | |||||||
| 901 WARRENVILLE ROAD SUITE 500 | LISLE | IL | 60532 | NONE | PC | Hanson Center | $65,000 |
| SHEDD AQUARIUM SOCIETY | |||||||
| 1200 S LAKE SHORE DRIVE | CHICAGO | IL | 60605 | NONE | PC | General Fund | $10,000 |
| SHIRLEY RYAN ABILITYLAB | |||||||
| 355 EAST ERIE STREET | CHICAGO | IL | 60611 | NONE | PC | COVID Relief Fund and Charity Research and Care | $75,000 |
| SPECIAL CHILDREN'S CHARITIES | |||||||
| 2 E 8TH STREET MEZZANINE LEVEL | CHICAGO | IL | 60605 | NONE | PC | General Fund | $35,000 |
| THE ART INSTITUTE OF CHICAGO | |||||||
| 111 S MICHIGAN AVE | CHICAGO | IL | 60603 | NONE | PC | General Fund | $25,000 |
| THE FIELD MUSEUM | |||||||
| 1400 S LAKE SHORE DR | CHICAGO | IL | 60605 | NONE | PC | General Fund | $50,000 |
| THE MAYO FOUNDATION | |||||||
| 200 FIRST STREET SW | ROCHESTER | MN | 55905 | NONE | PC | Mayo Clinic Simulation Center | $25,000 |
| THE SERVICE CLUB OF CHICAGO | |||||||
| 233 E ERIE STREET | CHICAGO | IL | 60611 | NONE | PC | General Fund | $15,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,055,000 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $103,196 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $336,847 | 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 |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $67,606 | 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 | $507,649 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $507,649 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | NANCY W KNOWLES TRUST DATED 41819 | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 135 S LASALLE ST STE 1441 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60603 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $9,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ERNST & YOUNG, LLP | CategoryTxt |
| Amt | $12,360 | Amt |
| Net Investment Income | $6,180 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $6,180 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (5 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BMO TCH-INT BOND FUND CI I | $1,790,335 | $1,889,322 |
| BMO SHORT-TERM INC. FUND CI I | $653,864 | $665,529 |
| BOA FIXED INCOME - ATCH 6A | $10,696,098 | $10,773,236 |
| BMO ACCRUED INTEREST | $5,444 | |
| BOA ACCRUED INTEREST | $47,795 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (9 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BMO SMALL CAP VALUE FUND #1162 | $355,619 | $296,973 |
| BMO LARGE CAP VALUE FUND #926 | $3,048,194 | $2,856,102 |
| BMO PYRFORD INTERNATIONAL FUND | $172,362 | $173,406 |
| BOA LARGE-CAP - ATCH 5A | $3,443,018 | $3,718,417 |
| BOA MID-CAP -ATCH 5A | $948,165 | $995,564 |
| BOA SMALL-CAP -ATCH 5A | $597,128 | $599,259 |
| BOA INT'L DEVELOPED - ATCH 5B | $491,540 | $486,840 |
| BOA EMERGING MARKETS - ATCH 5B | $22,786 | $23,034 |
| BOA ACCRUED DIVIDENDS | $4,807 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | HOWARD & HOWARD ATTORNEYS PLLC | CategoryTxt |
| Legal Fees | $77,299 | LegalFeesAmt |
| Net Investment Income | $38,649 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $38,648 | DisbursementsCharitablePrpsAmt |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc |
|---|
| SALE OF JEWELRY |
| SALE OF FURS |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| HARRIS BANK CUSTODIAN SERVICE | $4,000 | $4,000 |
| U.S. TRUST CUSTODIAN SERVICE | $49,139 | $49,139 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| IL CHARITY BUREAU FUND | $15 |
| IL SECRETARY OF STATE FILING | $10 |