PETER AND PAULA FASSEAS FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- PETER AND PAULA FASSEAS FOUNDATION (EIN 36-4010374)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-11
- IRS object ID
- 202143159349102334
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Land Schedule2
- Investments Other Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-11T12:06:04-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 410746749 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CLIFTONLARSONALLEN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1301 WEST 22ND STREET SUITE 1100 | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60523 | 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 | 364010374 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PETER & PAULA FASSEAS FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O PETER FASSEAS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | PETE | BusinessNameControlTxt |
| Phone | 7732447022 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 77 E WALTON ST APT 21E | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PETER A FASSEAS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7732447022 | PhoneNum |
| Signature | 2021-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | PETER | PersonFirstNm |
| Person Last | FASSEAS | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CATHERINE M KANE | PreparerPersonNm |
| PTIN | P00404366 | PTIN |
| Phone | 6305738600 | PhoneNum |
| Preparation | 2021-11-10 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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 | $68,108,959 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $74,110 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $74,110 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $582,916 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $582,916 | DividendsNetInvstIncmAmt |
| Gross Rents Rev And Expnss | $358,358 | GrossRentsRevAndExpnssAmt |
| Gross Rents Net Invst Incm | $358,358 | GrossRentsNetInvstIncmAmt |
| Net Rental Income Or Loss | $294,318 | NetRentalIncomeOrLossAmt |
| Net Gain Sale Ast Rev And Expnss | $3,919,836 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,840,718 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,919,836 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $73,691 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $73,691 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,008,911 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,008,911 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $210,414 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $210,414 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $24,390 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $24,390 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $4,675 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $2,338 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $2,337 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $24,153 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $24,153 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $118,374 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $52,024 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $16,350 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $64,040 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $64,040 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $118,235 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $118,229 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $564,281 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $142,555 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $371,720 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,056,377 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,056,377 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,620,658 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $142,555 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,428,097 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,388,253 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $4,866,356 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $325,224 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,080,085 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,080,085 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $2,383,473 | AcctRcvblAmt |
| Acct Rcvbl BOY | $2,640,423 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $2,383,473 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $2,383,473 | AcctRcvblEOYFMVAmt |
| Corporate Stock BOY | $28,892,381 | CorporateStockBOYAmt |
| Corporate Stock EOY | $30,998,698 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $53,524,737 | CorporateStockEOYFMVAmt |
| Invst Land Cost Or Other Basis | $2,772,561 | InvstLandCostOrOtherBasisAmt |
| Invst Land Accum Depreciation | $856,535 | InvstLandAccumDepreciationAmt |
| Land Bldg Investments BOY | $1,980,066 | LandBldgInvestmentsBOYAmt |
| Land Bldg Investments EOY | $1,916,026 | LandBldgInvestmentsEOYAmt |
| Land Bldg Investments EOYFMV | $1,916,026 | LandBldgInvestmentsEOYFMVAmt |
| Other Investments BOY | $9,360,292 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $9,204,638 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $9,204,638 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $43,198,386 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,582,920 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $68,108,959 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $1,826 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $14,991 | AccountsPayableEOYAmt |
| Loans From Officers BOY | $16,884 | LoansFromOfficersBOYAmt |
| Total Liabilities BOY | $18,710 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $14,991 | 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 | $43,179,676 | RetainedEarningBOYAmt |
| Retained Earning EOY | $45,567,929 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $43,179,676 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,567,929 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $43,198,386 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,582,920 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $43,179,676 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,388,253 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $45,567,929 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $45,567,929 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| FIDELITY #0025 (ST COVERED) | P | 2020-01-01 | 2020-12-31 | $140,968 | $167,940 | -$26,972 | -$26,972 |
| FIDELITY #0025 (LT COVERED) | P | 2020-01-01 | 2020-12-31 | $640,848 | $514,174 | $126,674 | $126,674 |
| TD AMERITRADE #8226 (ST COVERED) | P | 2020-01-01 | 2020-12-31 | $217,262 | $189,659 | $27,603 | $27,603 |
| TD AMERITRADE #8226 (LT COVERED) | P | 2020-01-01 | 2020-12-31 | $4,346,387 | $2,969,249 | $1,377,138 | $1,377,138 |
| TD AMERITRADE #8226 (LT NONCOVERED) | P | 2020-01-01 | 2020-12-31 | $119,709 | $79,860 | $39,849 | $39,849 |
| CAPITAL GAINS DIVIDENDS | P | $2,375,544 | $2,375,544 | $2,375,544 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,919,836 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $67,642 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $67,642 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $67,642 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $53,287 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $25,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $78,287 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $10,645 | OverpaymentAmt |
| Applied To ES Tax | $10,645 | 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 | 0 | UnrelatedBusIncmOverLimitInd |
| 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GEORGE D KARCAZES | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7732447022 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1933 MARCEY STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60614 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| PETER FASSEAS | ||||||||
| 1555 NORTH ASTOR STREET | CHICAGO | IL | 60610 | PRESIDENT | 0.10 | $0 | $0 | $0 |
| PAULA FASSEAS | ||||||||
| 1555 NORTH ASTOR STREET | CHICAGO | IL | 60610 | DIRECTOR | 0.10 | $0 | $0 | $0 |
| ALEXIS FASSEAS | ||||||||
| 1555 NORTH ASTOR STREET | CHICAGO | IL | 60610 | DIRECTOR | 40.00 | $125,414 | $0 | $0 |
| DREW FASSEAS | ||||||||
| 1555 NORTH ASTOR STREET | CHICAGO | IL | 60610 | DIRECTOR | 40.00 | $85,000 | $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 | $46,982,848 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $189,703 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $12,117,771 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $59,290,322 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $59,290,322 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $889,355 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $58,400,967 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,920,048 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,920,048 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $67,642 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $67,642 | TotalTaxAmt |
| Distributable Before Adj | $2,852,406 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,852,406 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,852,406 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,428,097 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,428,097 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,428,097 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,852,406 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,352,033 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,428,097 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,352,033 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $76,064 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $2,776,342 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (16 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| ALS ASSOCIATION | ||||||
| 939 W RANDOLPH STREET SUITE 2W | CHICAGO | IL | 60607 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $500 |
| ANIXTER CENTER | ||||||
| 2001 N CLYBOURN AVE 3RD FLOOR | CHICAGO | IL | 60614 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $2,500 |
| BOYS AND GIRLS CLUB OF CHICAGO | ||||||
| 550 W VAN BUREN STREET | CHICAGO | IL | 60607 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $10,000 |
| CHICAGO POLICE MEMORIAL FUND | ||||||
| 1407 W WASHINGTON BLVD | CHICAGO | IL | 60607 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $5,000 |
| CULVER ACADEMIES | ||||||
| 1300 ACADEMY ROAD 132 | CULVER | IN | 46511 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $25,000 |
| EVANS SCHOLARSHIP FUND | ||||||
| ONE BRIAR ROAD | GOLF | IL | 60029 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $350 |
| HELLENIC FOUNDATION | ||||||
| 6251-53 W TOUGY AVE | CHICAGO | IL | 60646 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $3,000 |
| HOLY TRINITY | ||||||
| 10050 IVANHOE AVE | SCHILLER PARK | IL | 60176 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $500 |
| JUDICAL WATCH | ||||||
| 425 THIRD STREET SW SUITE 800 | WASHINGTON | DC | 20024 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $5,000 |
| LET IT BE US | ||||||
| 145 W MAIN ST | BARRINGTON | IL | 60010 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $2,500 |
| NATIONAL KIDNEY FOUNDATION | ||||||
| 215 W ILLINOIS ST 1C | CHICAGO | IL | 60654 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $1,000 |
| ORTHODOX CHRISTIAN LAITY | ||||||
| PO BOX 6954 | WEST PALM BEACH | FL | 33405 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $1,000 |
| PAWS CHICAGO | ||||||
| 3516 W 26TH STREET | CHICAGO | IL | 60623 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $1,937,527 |
| UNIVERSITY OF ARIZONA FOUNDATION | ||||||
| 1111 N CHERRY AVE | TUCSON | AZ | 85719 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $40,000 |
| WESTMORELAND COUNTY PUBLIC SCHOOL SCHOLARSHIP FUND | ||||||
| PO BOX 639 | MONTROSS | VA | 225200639 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $500 |
| WINGS PROGRAM INC | ||||||
| PO BOX 95615 | PALATINE | IL | 60095 | PC | UNRESTRICTED GENERAL OPERATING SUPPORT | $22,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,056,377 | 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 | $74,110 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $582,916 | ExclusionAmt |
Net Rntl Incm Re Not Debt Fincd Prop NetRntlIncmReNotDebtFincdProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 16 | ExclusionCd |
| Exclusion | $294,318 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $73,691 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,919,836 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $4,944,871 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $4,944,871 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $4,675 | Amt |
| Net Investment Income | $2,338 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $2,337 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| BUILDING | 2007-08-17 | $2,497,561 | $792,495 | SL | 39.000000000000 | $64,040 | $64,040 |
| LAND | 2007-08-17 | $275,000 | L | $0 | $0 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| FIDELITY SECURITIES -- SEE ATTACHMENT | $2,417,714 | $3,739,752 |
| AMERITRADE SECURITIES -- SEE ATTACHMENT | $28,580,984 | $49,784,985 |
Investments Land Schedule2 InvestmentsLandSchedule2
Investment Land InvestmentLandGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt |
|---|---|---|---|
| BUILDING | $2,497,561 | $856,535 | $1,641,026 |
| LAND | $275,000 | $0 | $275,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| THREE OAKS MI | AT COST | $297,495 | $297,495 |
| ESPERANZA AZ, LLC | AT COST | $6,092,672 | $6,092,672 |
| OAKMARK GLOBAL EQUITY, L.P. | AT COST | $2,159,729 | $2,159,729 |
| JUSTFOODFORDOGS HOLDINGS, LLC | AT COST | $358,597 | $358,597 |
| RED HAWK RANCH PROPERTIES, LLC | AT COST | $46,145 | $46,145 |
| SCOUT AHEAD COMPANY | AT COST | $250,000 | $250,000 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $24,390 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $24,390 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE | $32,209 | $0 | $32,209 |
| COMCAST INTERNET/UTILITIES | $6,368 | $0 | $6,368 |
| ADMINISTRATIVE | $43,282 | $0 | $43,282 |
| DEVELOPMENT | $36,370 | $0 | $36,370 |
| NONDEDUCTIBLE EXPENSE PER K-1'S | $6 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ESPERANZA AZ, LLC | -$150 | -$150 | -$150 |
| OAKMARK GLOBAL EQUITY, L.P. | $88,996 | $88,996 | $88,996 |
| RED HAWK RANCH PROPERTIES, LLC | -$15,155 | -$15,155 | -$15,155 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY | CategoryTxt |
| Amt | $24,153 | Amt |
| Net Investment Income | $24,153 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (5 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| IL CHARITY BUREAU | $10 | $0 | $10 |
| REAL ESTATE TAXES | $48,173 | $48,173 | $0 |
| FEDERAL TAXES | $50,000 | $0 | $0 |
| PAYROLL TAXES | $16,340 | $0 | $16,340 |
| FOREIGN TAXES | $3,851 | $3,851 | $0 |
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