LATTNER FAMILY FOUNDATION INC: Form 990PF, tax year 2019
View the entire original 990 at ProPublica ↗
- Organization
- LATTNER FAMILY FOUNDATION INC (EIN 20-3100839)
- Tax period
- 2019-01-01 to 2019-12-31
- Filed
- 2020-11-16
- IRS object ID
- 202043219349106694
- 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
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2020-11-16T18:07:35-06:00 | 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 | Suite 500 5100 Town Center Circle | AddressLine1Txt |
| City | Boca Raton | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33486 | 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 | 203100839 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LATTNER FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % LATTNER FAMILY FOUNDATION I | InCareOfNm |
| Business Name Control | LATT | BusinessNameControlTxt |
| Phone | 5612783781 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATTY GERHART | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 5612783781 | PhoneNum |
| Signature | 2020-11-16 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | CRAIG M MORRIS | PreparerPersonNm |
| PTIN | P01060597 | PTIN |
| Phone | 5619558000 | PhoneNum |
| Preparation | 2020-11-13 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 76.108.203.251 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Federal Original Submission Id | 65095320203215000028 | FederalOriginalSubmissionId |
| Federal Original Submission Id | 2020-11-16 | FederalOriginalSubmissionIdDt |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | ED90BE70BC8316D842107F1FEC11C73A462F61A1 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 48EBEB15FE16F95306DDBF04D085620485E0DBAC | 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 | $108,193,746 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $326 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $326 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $2,145,042 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $2,145,042 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,113,520 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $18,148,154 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,113,520 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$20,433 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$20,442 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $5,238,455 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $5,238,446 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $52,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $52,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $107,035 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $26,759 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $80,276 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $936 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $234 | LegalFeesNetInvstIncmAmt |
| Legal Fees Adj Net Incm | $0 | LegalFeesAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $702 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $33,384 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,346 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $25,038 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $72,694 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $72,694 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $213,483 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,519 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $24,964 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $74,714 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $18,679 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $56,035 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $13,741 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $6,871 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $6,870 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $79,916 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $19,981 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $59,935 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $647,903 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $162,083 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $305,820 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $5,054,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $5,054,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,701,903 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $162,083 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $5,359,820 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$463,448 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $5,076,363 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $18,743,441 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $16,331,619 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $16,331,619 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $18,631,303 | CorporateStockBOYAmt |
| Corporate Stock EOY | $14,600,469 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $21,208,045 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $41,751,398 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $56,141,279 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $70,654,082 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $4,455 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $4,455 | LandBldgEquipAccumDeprecAmt |
| Total Assets BOY | $79,126,142 | TotalAssetsBOYAmt |
| Total Assets EOY | $87,073,367 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $108,193,746 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Retained Earning BOY | $79,126,142 | RetainedEarningBOYAmt |
| Retained Earning EOY | $87,073,367 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $79,126,142 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $87,073,367 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $79,126,142 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $87,073,367 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $79,126,142 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$463,448 | ExcessRevenueOverExpensesAmt |
| Other Increases | $8,410,673 | OtherIncreasesAmt |
| Subtotal | $87,073,367 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $87,073,367 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Gross Sales PriceGrossSalesPriceAmt |
|---|---|---|---|---|
| SIGULER GUFF K-1 | $537 | -$537 | -$537 | |
| SIGULER GUFF K-1 | $7,081 | $7,081 | $7,081 | |
| SALE OF PUBLICLY TRADED SECURITIES | $15,034,093 | $2,942,840 | $2,942,840 | $17,976,933 |
| SIGULER GUFF K-1 | $4 | -$4 | -$4 | |
| TIMBERVEST PARTNERS III | $164,140 | $164,140 | $164,140 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,113,520 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $5,486,637 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $104,223,050 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.052643 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $5,150,576 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $99,629,803 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.051697 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $5,280,780 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $90,599,217 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.058287 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $5,280,639 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $93,117,591 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.056709 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,847,357 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $92,848,970 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.052207 | DistributionYr5Rt |
| Total Distribution | 0.271543 | TotalDistributionRt |
| Average Distribution | 0.054309 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $102,422,237 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $5,562,449 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $50,764 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $5,613,213 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $5,359,820 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $101,527 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $101,527 | SubtotalAmt |
| Tax Based On Investment Income | $101,527 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $151,565 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $100,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $251,565 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $150,038 | OverpaymentAmt |
| Applied To ES Tax | $150,038 | 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 | FL | 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.lattnerfoundation.org | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LATTNER FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 5612783781 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | 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 | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | 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 |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| 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 (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 |
|---|---|---|---|---|---|---|---|---|
| FORREST C BROWN | ||||||||
| 770 EAST ATLANTIC AVENUE STE 201 | DELRAY BEACH | FL | 33483 | TRUSTEE | 15.0 | $0 | $0 | $0 |
| Richard M Harris | ||||||||
| 770 EAST ATLANTIC AVENUE STE 201 | DELRAY BEACH | FL | 33483 | Trustee | 15.0 | $15,000 | $0 | $0 |
| Susan B Walker | ||||||||
| 770 EAST ATLANTIC AVENUE STE 201 | DELRAY BEACH | FL | 33483 | Trustee | 15.0 | $11,000 | $0 | $0 |
| Andrew L Harris | ||||||||
| 770 EAST ATLANTIC AVENUE STE 201 | DELRAY BEACH | FL | 33483 | Trustee | 15.0 | $15,000 | $0 | $0 |
| Rick Walker | ||||||||
| 770 EAST ATLANTIC AVENUE STE 201 | DELRAY BEACH | FL | 33483 | TRUSTEE | 15.0 | $11,000 | $0 | $0 |
| Janet Brown | ||||||||
| 770 EAST ATLANTIC AVENUE STE 201 | DELRAY BEACH | FL | 33483 | TRUSTEE | 15.0 | $0 | $0 | $0 |
Compensation Highest Paid Empl CompensationHighestPaidEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PATTY GERHART | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 E ATLANTIC AVE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | FUND MANAGER | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40.0 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $107,035 | CompensationAmt |
| Employee Benefits | $0 | EmployeeBenefitsAmt |
| Expense Account | $0 | ExpenseAccountAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Employee Paid Over50k | 1 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN TRUST | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADVISORY FEES | ServiceTypeTxt |
| Compensation | $72,694 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 1 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| 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 | $85,721,448 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $18,260,518 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $103,981,966 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $103,981,966 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,559,729 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $102,422,237 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $5,121,112 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $5,121,112 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $101,527 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $101,527 | TotalTaxAmt |
| Distributable Before Adj | $5,019,585 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $5,019,585 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $5,019,585 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $5,359,820 | 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 | $5,359,820 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $5,359,820 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $5,019,585 | 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 | $304,477 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $699,157 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $856,259 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $335,280 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $475,897 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,671,070 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $5,359,820 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Current Year | $5,019,585 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $340,235 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,011,305 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $304,477 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $2,706,828 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $699,157 | ExcessFromYear4Amt |
| Excess From Year3 | $856,259 | ExcessFromYear3Amt |
| Excess From Year2 | $335,280 | ExcessFromYear2Amt |
| Excess From Year1 | $475,897 | ExcessFromYear1Amt |
| Excess From Current Year | $340,235 | 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 | NA | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | PATTY GERHART | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVE STE 201 | AddressLine1Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 5612783781 | RecipientPhoneNum |
| Form And Info And Materials | AVAILABLE UPON REQUEST | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NONE | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED STATEMENT B | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 770 EAST ATLANTIC AVENUE | AddressLine1Txt |
| Address Line2 | 201 | AddressLine2Txt |
| City | DELRAY BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33483 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | SEE ATTACHED STATEMENT B | GrantOrContributionPurposeTxt |
| Amt | $5,054,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $5,054,000 | 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 | $326 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,145,042 | 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 | $3,113,520 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | BusinessBusinessCd | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|---|
| PASSTHROUGH INCOME | 900099 | 14 | -$23,157 |
| ROYALTY INCOME - SIGULER | 15 | $2,724 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $5,238,455 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $5,238,455 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | NOT APPLICABLE | RelationshipStatementTxt |
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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTANT FEE | CategoryTxt |
| Amt | $33,384 | Amt |
| Net Investment Income | $8,346 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $25,038 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (2 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt |
|---|---|---|---|---|
| LAPTOP COMPUTER | 2006-05-02 | $2,892 | $2,892 | M5 |
| COMPUTER | 2007-12-21 | $1,563 | $1,563 | M5 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| LSV - NT #03-46636 | $10,457,666 | $14,538,594 |
| NTRS - NT #23-58667 | $3,101,474 | $5,537,111 |
| NTRS - NT #43-20788 | $526,912 | $574,410 |
| NTRS - NT #43-21227 | $295,865 | $340,726 |
| NTRS - NT #43-23543 | $218,552 | $217,204 |
| SEE ATTACHMENT A |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (6 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SIGULER GUFF | $166,707 | $781,384 |
| VANGUARD (SEE ATTACHMENT C) | $43,491,440 | $60,062,058 |
| JHL | $203,570 | $203,570 |
| TIMBERVEST PARTNERS III | $2,279,562 | $3,137,905 |
| BLUE ARC CAPITAL | $5,000,000 | $6,437,898 |
| JP MORGAN CHASE BANK | $5,000,000 | $31,267 |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (2 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt |
|---|---|---|
| LAPTOP COMPUTER | $2,892 | $2,892 |
| COMPUTER | $1,563 | $1,563 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $936 | LegalFeesAmt |
| Net Investment Income | $234 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $702 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (12 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| DUES & SUBSCRIPTIONS | $1,255 | $314 | $941 |
| INSURANCE | $35,966 | $8,992 | $26,974 |
| OFFICE EXPENSE | $6,547 | $1,637 | $4,910 |
| POSTAGE & DELIVERY | $778 | $195 | $583 |
| MAINT AGREEMENT | $13,559 | $3,390 | $10,169 |
| MISCELLANEOUS | $777 | $194 | $583 |
| OFFICE SUPPLIES | $4,597 | $1,149 | $3,448 |
| UTILITIES | $9,723 | $2,431 | $7,292 |
| BANK FEES | $75 | $19 | $56 |
| MEDICAL INSURANCE | $3,205 | $801 | $2,404 |
| PAYROLL FEE | $2,424 | $606 | $1,818 |
| LEASE | $1,010 | $253 | $757 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ROYALTY INCOME - SIGULER K-1 | $2,724 | $2,724 |
| PASSTHROUGH INCOME SIGULER K-1 | $1,231 | $1,222 |
| ORD LOSS - TIMBERVEST K-1 | -$24,388 | -$24,388 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | PRIOR PERIOD ADJ - COST BASIS | Desc |
| Amt | $8,410,673 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | NORTHERN TRUST FEES | CategoryTxt |
| Amt | $72,694 | Amt |
| Net Investment Income | $72,694 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $198 | $198 | |
| PAYROLL TAXES | $33,285 | $8,321 | $24,964 |
| BUSINESS TAXES | $180,000 |
Comments