GILBERT FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization
GILBERT FOUNDATION (EIN 36-4089976)
Tax period
2019-01-01 to 2019-12-31
Filed
2020-06-01
IRS object ID
202011539349100001
Schema version
2019v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2020-06-01T05:55:41-07:00ReturnTs
Tax Period End2019-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN061834234PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1TAX CONSULTING SERVICES LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11030 S La Grange RdAddressLine1Txt
CityLa GrangeCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2019-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364089976EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GILBERT FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlGILBBusinessNameControlTxt
Phone7082122100PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLEAddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonMAUREEN SHUREPersonNm
Person TitlePresidentPersonTitleTxt
Signature2020-06-01SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonVICTORIA ROBINSONPreparerPersonNm
PTINP00443866PTIN
Phone7089379366PhoneNum
FieldValueIRS element (for citing)
Tax2019TaxYr
Build TS2021-04-22 16:20:28ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$130,293FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$5,304DividendsRevAndExpnssAmt
Dividends Net Invst Incm$5,304DividendsNetInvstIncmAmt
Dividends Adj Net Incm$5,304DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$25NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$641GrossSalesPriceAmt
Total Rev And Expnss$5,279TotalRevAndExpnssAmt
Total Net Invst Incm$5,304TotalNetInvstIncmAmt
Total Adj Net Incm$5,304TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$950AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$475AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$475AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$10TaxesRevAndExpnssAmt
Taxes Net Invst Incm$5TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$5TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$960TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$480TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$480TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$7,500ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$7,500ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$8,460TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$480TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$7,980TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$3,181ExcessRevenueOverExpensesAmt
Net Investment Income$4,824NetInvestmentIncomeAmt
Adjusted Net Income$5,304AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,900CashBOYAmt
Cash EOY$3,809CashEOYAmt
Cash EOYFMV$3,809CashEOYFMVAmt
Corporate Stock BOY$125,574CorporateStockBOYAmt
Corporate Stock EOY$126,484CorporateStockEOYAmt
Corporate Stock EOYFMV$126,484CorporateStockEOYFMVAmt
Total Assets BOY$133,474TotalAssetsBOYAmt
Total Assets EOY$130,293TotalAssetsEOYAmt
Total Assets EOYFMV$130,293TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$133,474RetainedEarningBOYAmt
Retained Earning EOY$130,293RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$133,474TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$130,293TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$133,474TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$130,293TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$133,474TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$3,181ExcessRevenueOverExpensesAmt
Subtotal$130,293SubtotalAmt
Tot Net Ast Or Fund Balances EOY$130,293TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
20.958869 SHS AT & TP2019-01-182019-01-02$606$623-$17-$17
1.219754 AT & TP2019-01-182019-01-02$35$43-$8-$8
FieldValueIRS element (for citing)
Capital Gain Net Income-$25CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$25NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$7,455AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$138,577NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.05380DistributionYr1Rt
Adjusted Qlfy Distri Yr2$8,701AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$158,951NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.05474DistributionYr2Rt
Adjusted Qlfy Distri Yr3$9,731AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$164,693NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.05909DistributionYr3Rt
Adjusted Qlfy Distri Yr4$9,022AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$160,158NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.05633DistributionYr4Rt
Adjusted Qlfy Distri Yr5$8,630AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$158,780NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.05435DistributionYr5Rt
Total Distribution0.278307TotalDistributionRt
Average Distribution0.055661AverageDistributionRt
Net Vl Noncharitable Assets$131,479NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$7,318AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$48NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$7,366AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$7,980QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$48InvestmentIncomeExciseTaxAmt
Subtotal$48SubtotalAmt
Tax Based On Investment Income$48TaxBasedOnInvestmentIncomeAmt
Tax Due$48TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1THERESE C LANDSCHOOTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone7082122100PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line1123 ACACIA CIRCLE 206AddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (6 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
MAUREEN SHURE
680 N LAKE SHORE DRIVE 1604CHICAGOIL60611President1.00$0
JAMES L DUNNE
791 PRINCETON LANENEW LENOXIL60451Director1.00$0
THERESE C LANDSCHOOT
123 ACACIA CIRCLE 206INDIAN HEAD PARKIL60525Treasurer3.00$0
SUSAN J DINA
4073 GROVE STWESTERN SPRINGSIL60558Director1.00$0
WILLIAM M DUNNE
9832 S KENNETH AVEOAK LAWNIL60453Director1.00$0
ROSE KENNEDY
9807 S KARLOV 307OAK LAWNIL60453Secretary1.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$129,672AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,809AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$133,481TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$133,481AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$2,002CashDeemedCharitableAmt
Net Vl Noncharitable Assets$131,479NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,574MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,574MinimumInvestmentReturnAmt
Tax Based On Investment Income$48TaxBasedOnInvestmentIncomeAmt
Total Tax$48TotalTaxAmt
Distributable Before Adj$6,526DistributableBeforeAdjAmt
Distributable Before Ded$6,526DistributableBeforeDedAmt
Distributable As Adjusted$6,526DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$7,980ExpensesAndContributionsAmt
Qualifying Distributions$7,980QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$48PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$7,932AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,526DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$781ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$1,220ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$1,698ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$965ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$619ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$5,283TotalExcessDistributionCyovAmt
Qualifying Distributions$7,980QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,526AppliedToCurrentYearAmt
Remaining Distri From Corpus$1,454RemainingDistriFromCorpusAmt
Total Corpus$6,737TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$781ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$5,956ExcessDistriCyovToNextYrAmt
Excess From Year4$1,220ExcessFromYear4Amt
Excess From Year3$1,698ExcessFromYear3Amt
Excess From Year2$965ExcessFromYear2Amt
Excess From Year1$619ExcessFromYear1Amt
Excess From Current Year$1,454ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
RIDING WITH ANGELS INC
W691 COUNTY RD CIRCLEPALMYRAWI53136501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$500
MISERICORDIA WOMEN'S LEAGUE
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$1,500
NATIONAL JEWISH HEALTH
1400 JACKSON STREETDENVERCO80206501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$1,000
MISERICORDIA HOME
6300 N RIDGE AVECHICAGOIL60660501(C)3UNRESTRICTED GRANT TO SUPPORT PEOPLE WITH DISABILITIES$3,700
CHICAGO LUNG ASSOC
55 W WACKER DR STE 1150CHICAGOIL60601501(C)3UNRESTRICTED GRANT TO SUPPORT THE ORIGANIZATION$100
UNIVERSITY OF IOWA MARATHON
157 IOWA AVEIOWA CITYIA52240NCUNRESTRICTED GRANT TO SUPPORT CANCER RESEARCH$200
BETTY'S BRIGADE FUND-LES TURNER ALS
5550 W TOUHYSKOKIEIL60073EOFUNRESTRICTED GRANT TO SUPPORT PEOPLE WITH ALS$200
LEUKEMIA LYMPHONA
954 W WASHINGTON BLVD 305CHICAGOIL60607EOFUNRESTRICTED GRANT TO SUPPORT PEOPLE WITH CANCER$300
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$7,500TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5,304ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$25RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$5,304ExclusionAmt
Related Or Exempt Function Incm-$25RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$5,279TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$950Amt
Net Investment Income$475NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$475DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryILLINOIS SECRETARY OF STAECategoryTxt
Amt$10Amt
Net Investment Income$5NetInvestmentIncomeAmt
Disbursements Charitable Prps$5DisbursementsCharitablePrpsAmt

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