MAGNETAR CAPITAL FOUNDATION: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- MAGNETAR CAPITAL FOUNDATION (EIN 46-0807550)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202003219349105885
- 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
- Depreciation Schedule
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T16:18:18-06:00 | ReturnTs |
| Tax Period End | 2019-12-31 | 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 | 2019-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 460807550 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MAGNETAR CAPITAL FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % ANDREA KETTER CONTROLLER | InCareOfNm |
| Business Name Control | MAGN | BusinessNameControlTxt |
| Phone | 8479054400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1603 ORRINGTON AVENUE | AddressLine1Txt |
| City | EVANSTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 602015018 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA BERNSTEIN | PersonNm |
| Person Title | SECRETARY | PersonTitleTxt |
| Phone | 8479054400 | PhoneNum |
| Signature | 2020-11-16 | 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 |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 73.22.221.70 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 36964520203215000102 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | D155260895F341514098DE9CA2553F38B7C1A374 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 77CAF0915A8B9BC71EC4246711171A8564651153 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2019 | TaxYr |
| Build TS | 2021-04-22 16:20:28Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $32,011 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,565,261 | ContriRcvdRevAndExpnssAmt |
| Other Income Rev And Expnss | $41 | OtherIncomeRevAndExpnssAmt |
| Total Rev And Expnss | $1,565,302 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $0 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Legal Fees Rev And Expnss | $936 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $936 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $16,645 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $16,260 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $140,618 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $140,618 | OtherProfFeesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $13 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $13 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $429,439 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $384,977 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $587,651 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $0 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $542,804 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,546,940 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $96,871 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,134,591 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $0 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $639,675 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,569,289 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $30,269 | CashBOYAmt |
| Cash EOY | $4,700 | CashEOYAmt |
| Cash EOYFMV | $4,700 | CashEOYFMVAmt |
| Prepaid Expenses BOY | $0 | PrepaidExpensesBOYAmt |
| Prepaid Expenses EOY | $27,311 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $27,311 | PrepaidExpensesEOYFMVAmt |
| Other Assets BOY | $4,108 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $34,377 | TotalAssetsBOYAmt |
| Total Assets EOY | $32,011 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $32,011 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $44,910 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $103,792 | AccountsPayableEOYAmt |
| Grants Payable BOY | $1,704,022 | GrantsPayableBOYAmt |
| Grants Payable EOY | $3,212,063 | GrantsPayableEOYAmt |
| Total Liabilities BOY | $1,748,932 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $3,315,855 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | -$1,734,555 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | -$3,283,844 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $20,000 | DonorRstrNetAssetsBOYAmt |
| Tot Net Ast Or Fund Balances BOY | -$1,714,555 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$3,283,844 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $34,377 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $32,011 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | -$1,714,555 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,569,289 | ExcessRevenueOverExpensesAmt |
| Subtotal | -$3,283,844 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | -$3,283,844 | TotNetAstOrFundBalancesEOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cap Gains Loss Tx Invst Incm Detail | CapGainsLossTxInvstIncmDetail |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,628,871 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $115,506 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 14.102047 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,673,640 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $40,903 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 40.917292 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,403,162 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $143,927 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 9.749123 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $470,065 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $422,988 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 1.111296 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $331,787 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $742,054 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.44712 | DistributionYr5Rt |
| Total Distribution | 66.326878 | TotalDistributionRt |
| Average Distribution | 13.265376 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $28,166 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $373,633 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $0 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $373,633 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $639,675 | 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 | $0 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $0 | SubtotalAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Payments And Credits | $0 | TotalPaymentsAndCreditsAmt |
| Tax Due | $0 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| 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 |
| Org Report Or Register State | NY | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | WWW.MAGNETARACADEMY.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ANDREA KETTER CONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8479054400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1603 ORRINGTON AVENUE | AddressLine1Txt |
| City | EVANSTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 602015018 | 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 | Yes (true) | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| ALEC N LITOWITZ | ||||||||
| 1603 Orrington Avenue SUITE 1300 | Evanston | IL | 602015018 | PRESIDENT, DIRECTOR | 0 | $0 | $0 | $0 |
| BEN PAULL | ||||||||
| 1603 Orrington Avenue SUITE 1300 | Evanston | IL | 602015018 | TREASURER | 0 | $0 | $0 | $0 |
| BARBARA BERNSTEIN | ||||||||
| 1603 Orrington Avenue SUITE 1300 | Evanston | IL | 602015018 | SECRETARY | 0 | $0 | $0 | $0 |
| ROSS LASER | ||||||||
| 1603 Orrington Avenue SUITE 1300 | Evanston | IL | 602015018 | DIRECTOR | 0 | $0 | $0 | $0 |
| DAVID SNYDERMAN | ||||||||
| 1603 Orrington Avenue SUITE 1300 | Evanston | IL | 602015018 | DIRECTOR | 0 | $0 | $0 | $0 |
| ERNEST ROGERS | ||||||||
| 1603 Orrington Avenue SUITE 1300 | Evanston | IL | 602015018 | DIRECTOR | 0 | $0 | $0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | OPERATION OF AN EDUCATIONAL PROGRAM CALLED FINEDGE, FORMERLY KNOWN AS MAGNETAR YOUTH ACADEMY. FINEDGE EDUCATES YOUTH ABOUT THE BASICS OF PERSONAL FINANCE AND INVESTING. | Description1Txt |
| Expenses1 | $347,969 | Expenses1Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $28,595 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,595 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,595 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $429 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $28,166 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,408 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,408 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $1,408 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,408 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,408 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $639,675 | 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 | $639,675 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $639,675 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,408 | 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 | $294,684 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $448,916 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,394,300 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,671,595 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,623,096 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $5,432,591 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $639,675 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $1,408 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $638,267 | RemainingDistriFromCorpusAmt |
| Total Corpus | $6,070,858 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $294,684 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $5,776,174 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $448,916 | ExcessFromYear4Amt |
| Excess From Year3 | $1,394,300 | ExcessFromYear3Amt |
| Excess From Year2 | $1,671,595 | ExcessFromYear2Amt |
| Excess From Year1 | $1,623,096 | ExcessFromYear1Amt |
| Excess From Current Year | $638,267 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (40 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Cristo Rey Jesuit High School | |||||||
| 1852 W 22nd Place | Chicago | IL | 60608 | NONE | GOV | Challenge Grant Award | $1,500 |
| Friends of Chicago HS for Agricultural Sciences | |||||||
| 3857 W 111th Street | Chicago | IL | 60655 | NONE | PC | Challenge Grant Award | $2,500 |
| Noble Network of Charter Schools | |||||||
| 1 N State Street | Chicago | IL | 60602 | NONE | PC | Challenge Grant Award | $1,500 |
| Chicago Public School District #299 | |||||||
| 42 West Madison | Chicago | IL | 60602 | NONE | GOV | Challenge Grant Award | $5,000 |
| Township High School District 211 | |||||||
| 1750 South Roselle Blvd | Palatine | IL | 60067 | NONE | GOV | Challenge Grant Award | $500 |
| Michael's Mission Inc | |||||||
| 24 Johnson Place | Rye | NY | 10580 | NONE | PC | Charity Donation - General Operating Support | $25,000 |
| MetroSquash | |||||||
| 6100 S Cottage Grove Avenue | Chicago | IL | 60637 | NONE | PC | Charity Donation - General Operating Support | $5,000 |
| Writers' Theater | |||||||
| 376 Park Avenue | Glencoe | IL | 60022 | NONE | PC | Charity Donation - General Operating Support | $25,000 |
| ALS Therapy Development Institute | |||||||
| 300 Technology Square Suite 400 | Cambridge | MA | 02139 | NONE | PC | Charity Donation - General Operating Support | $500 |
| Youth & Opportunity Fund | |||||||
| 1911 Church Street | Evanston | IL | 60201 | NONE | PC | Charity Donation - General Operating Support | $5,000 |
| Evanston Wilmette Golf Course | |||||||
| 1030 Central Street | Evanston | IL | 60201 | NONE | PC | Charity Donation - General Operating Support | $500 |
| Evanston Scholars | |||||||
| 1234 Sherman Avenue Suite 214 | Evanston | IL | 60202 | NONE | PC | Charity Donation - General Operating Support | $2,500 |
| United States Holocaust Memorial Museum | |||||||
| 9603 Woods Drive | Skokie | IL | 60077 | NONE | PC | Charity Donation - General Operating Support | $5,000 |
| North Shore Congregation | |||||||
| 1185 Sheridan Rd | Glencoe | IL | 60022 | NONE | PC | Charity Donation - General Operating Support | $200 |
| Tackle Kids Cancer | |||||||
| 160 Essex Street Suite 101 | Lodi | NJ | 07644 | NONE | PC | Charity Donation - General Operating Support | $10,000 |
| Tackle Kids Cancer | |||||||
| 160 Essex Street Suite 101 | Lodi | NJ | 07644 | NONE | PC | Charity Donation - General Operating Support | $15 |
| Angelina Garelli - University of Illinois | |||||||
| 506 S Wright Street | Urbana | IL | 61801 | NONE | I | Magnetar Academy Scholarship | $1,000 |
| Jordan Schwartz - Harper College | |||||||
| 1200 W Algonquin Road | Palatine | IL | 60067 | NONE | I | Magnetar Academy Scholarship | $1,000 |
| Chicago Public Radio | |||||||
| 848 East Grand Avenue | Chicago | IL | 60611 | NONE | PC | Matching Gift - General Operating Support | $60 |
| American Lung Association | |||||||
| 55 West Wacker Driver Suite 1150 | Chicago | IL | 60601 | NONE | PC | Matching Gift - General Operating Support | $60 |
| Fudan Fuzhong Overseas Foundation Inc | |||||||
| 7 Bryant Park 20th FL | New York | NY | 10018 | NONE | PC | Matching Gift - General Operating Support | $100 |
| Chicago Symphony Orchestra | |||||||
| 220 S Michigan Avenue | Chicago | IL | 60604 | NONE | PC | Matching Gift - General Operating Support | $100 |
| University of Chicago Laboratory Schools | |||||||
| 5801 South Ellis Avenue | Chicago | IL | 60637 | NONE | PC | Matching Gift - General Operating Support | $100 |
| St Jude Children's Hospital | |||||||
| 220 East 42nd Street | New York | NY | 10017 | NONE | PC | Matching Gift - General Operating Support | $300 |
| Paws Chicago | |||||||
| 1997 N Clybourn Avenue | Chicago | IL | 60614 | NONE | PC | Matching Gift - General Operating Support | $50 |
| Kansas State University Foundation | |||||||
| 1800 Kimball Ave 200 | Manhattan | KS | 66502 | NONE | PC | Matching Gift - General Operating Support | $300 |
| American Express North Shore Congregation | |||||||
| 1185 Sheridan Rd | Glencoe | IL | 60022 | NONE | PC | Matching Gift - General Operating Support | $1,800 |
| University of Michigan | |||||||
| 500 S State Street | Ann Arbor | MI | 48109 | NONE | PC | Matching Gift - General Operating Support | $300 |
| Help Our Military Heros | |||||||
| 15 Pheasant Lane | Easton | CT | 06612 | NONE | PC | Matching Gift - General Operating Support | $250 |
| Michael J Fox Foundation | |||||||
| PO Box 4777 | New York | NY | 10163 | NONE | PC | Matching Gift - General Operating Support | $50 |
| Riverside Park Conservancy | |||||||
| 475 Riverside Drive 455 | New York | NY | 10115 | NONE | PC | Matching Gift - General Operating Support | $250 |
| Hudson County Court Appointed Special Advocates | |||||||
| 442 Hoboken Ave | Jersey City | NJ | 07306 | NONE | PC | Matching Gift - General Operating Support | $300 |
| Expect Miracles Foundation | |||||||
| 89 South Street | Boston | MA | 02111 | NONE | PC | Matching Gift - General Operating Support | $270 |
| Jewish United Fund | |||||||
| 30 S Wells Street | Chicago | IL | 60606 | NONE | PC | Matching Gift - General Operating Support | $36 |
| St Jude Children's Hospital | |||||||
| 220 East 42nd Street | New York | NY | 10017 | NONE | PC | Matching Gift - General Operating Support | $50 |
| Lycee Francais de Chicago Inc | |||||||
| 613 W Bittersweet Pl | Chicago | IL | 606132307 | NONE | PC | Matching Gift - General Operating Support | $300 |
| Mercy Home | |||||||
| 1140 W Jackson Blvd | Chicago | IL | 60607 | NONE | PC | Matching Gift - General Operating Support | $30 |
| One Million Degrees | |||||||
| 180 North Wabash | Chicago | IL | 60601 | NONE | PC | Matching Gift - General Operating Support | $300 |
| Cystic Fibrosis Foundation | |||||||
| 150 Michigan Ave STE 1550 | Chicago | IL | 60601 | NONE | PC | Matching Gift - General Operating Support | $100 |
| The Catcade Inc | |||||||
| 1235 W Belmont Ave | Chicago | IL | 60657 | NONE | PC | Matching Gift - General Operating Support | $50 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $96,871 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp | |
| Div And Int From Sec Part VII | DivAndIntFromSecPartVIIGrp | |
| 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 | |
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Exclusion | 01 | ExclusionCd |
| Related Or Exempt Function Incm | $41 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Related Or Exempt Function Incm | $41 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $41 | 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 (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|
| MAGNETAR CAPITAL LLC | ||||||
| 1 | 1603 Orrington Ave Ste 1300 | Evanston | IL | 60201 | $1,549,261 | Yes (X) |
| JACK CONNERY | ||||||
| 2 | 10 S DEARBORN STREET | CHICAGO | IL | 60670 | $15,000 | Yes (X) |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | AUDIT AND ACCOUNTING FEES | CategoryTxt |
| Amt | $16,645 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $16,260 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $936 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $936 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE FROM AFFILIATE | Desc |
| BOY Book Value | $4,108 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| CHALLENGE PRIZE | $347,383 | $0 | $0 | $350,633 |
| FUNDRAISING AND DEVELOPMENT | $65,847 | $0 | $0 | $18,135 |
| INSURANCE | $15,348 | $0 | $0 | $15,348 |
| TROPHIES | $586 | $0 | $0 | $586 |
| POSTAGE | $235 | $0 | $0 | $235 |
| FILING FEES | $40 | $0 | $0 | $40 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BANK REFUNDS | Desc |
| Revenue And Expenses Per Books | $41 | RevenueAndExpensesPerBooksAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING SERVICES | CategoryTxt |
| Amt | $140,618 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $140,618 | DisbursementsCharitablePrpsAmt |
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