SCHIFF FOUNDATION INCORPORATED: Form 990PF, tax year 2018
View the entire original 990 at ProPublica ↗
- Organization
- SCHIFF FOUNDATION INCORPORATED (EIN 36-3485274)
- Tax period
- 2018-01-01 to 2018-12-31
- Filed
- 2019-08-05
- IRS object ID
- 201912179349100011
- Schema version
- 2018v3.1
- 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
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets 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 | 2019-08-05T12:01:05-07:00 | ReturnTs |
| Tax Period End | 2018-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN SPECTOR LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S Wacker Drive Suite 2325 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606064103 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2018-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363485274 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SCHIFF FOUNDATION INCORPORATED | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SCHI | BusinessNameControlTxt |
| Phone | 3123579400 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 SOUTH WACKER | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606064103 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | STEVEN D SPECTOR | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 3123579400 | PhoneNum |
| Signature | 2019-05-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Steven D Spector | PreparerPersonNm |
| PTIN | P00963651 | PTIN |
| Phone | 3123579400 | PhoneNum |
| Preparation | 2019-08-05 | PreparationDt |
| Self Employed | Yes (X) | SelfEmployedInd |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 208.59.71.18 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2019-08-05 | IPDt |
| IP Tm | 12:00:47 | IPTm |
| IP Timezone | PD | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | 5E5840BD518441C52ECA21D1C2BB86E345D8568D | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 5E5840BD518441C52ECA21D1C2BB86E345D8568D | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2018 | TaxYr |
| Build TS | 2020-03-31 21:24:44Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,414,234 | 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 | $0 | InterestOnSavRevAndExpnssAmt |
| Dividends Rev And Expnss | $259,891 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $259,875 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $182,774 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $736,579 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $182,774 | CapGainNetIncmNetInvstIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | $3,255 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $206 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $445,920 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $442,855 | TotalNetInvstIncmAmt |
| Legal Fees Rev And Expnss | $0 | LegalFeesRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $13,947 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $13,947 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $63,196 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $63,196 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $6,517 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,517 | TaxesNetInvstIncmAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Trav Conf Meeting Rev And Expnss | $2,719 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $2,719 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | -$167 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | -$167 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $86,212 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $69,713 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $16,499 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $750,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $750,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $836,212 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $69,713 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $766,499 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$390,292 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $373,142 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $76,650 | CashBOYAmt |
| Cash EOY | $59,944 | CashEOYAmt |
| Cash EOYFMV | $59,944 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $262,474 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $151,624 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $151,624 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $13,172 | AcctRcvblAmt |
| Acct Rcvbl BOY | $12,925 | AcctRcvblBOYAmt |
| Acct Rcvbl EOY | $13,172 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $13,172 | AcctRcvblEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $4,619,669 | CorporateStockBOYAmt |
| Corporate Stock EOY | $4,426,173 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $6,811,600 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $1,988,800 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $1,988,973 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $1,963,656 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $421,590 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $421,590 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $367,259 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $119,683 | OtherAssetsBOYAmt |
| Other Assets EOY | $46,979 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $46,979 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $7,501,791 | TotalAssetsBOYAmt |
| Total Assets EOY | $7,108,455 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,414,234 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $3,049 | AccountsPayableBOYAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $3,049 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $80,827 | CapitalStockBOYAmt |
| Additional Paid In Capital BOY | $62,401 | AdditionalPaidInCapitalBOYAmt |
| Retained Earning BOY | $7,355,514 | RetainedEarningBOYAmt |
| Retained Earning EOY | $7,108,455 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $7,498,742 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $7,108,455 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $7,501,791 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $7,108,455 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $7,498,742 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$390,292 | ExcessRevenueOverExpensesAmt |
| Other Increases | $5 | OtherIncreasesAmt |
| Subtotal | $7,108,455 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $7,108,455 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Northern Trust account 23-09499 | D | 2012-03-02 | 2018-12-31 | $709,299 | $0 | $553,805 | $155,494 | $0 | $0 | $0 | $155,494 |
| Harold Schiff Trust Schedule k-1 | D | 2012-08-07 | 2018-12-31 | $27,280 | $0 | $0 | $27,280 | $0 | $0 | $0 | $27,280 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $182,774 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $711,258 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $10,380,130 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.068521 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $467,921 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $9,892,391 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.047301 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $154,877 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $10,033,280 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.015436 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $12,594 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $10,350,891 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.001217 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $94 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $9,652,795 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.000010 | DistributionYr5Rt |
| Total Distribution | 0.132485 | TotalDistributionRt |
| Average Distribution | 0.026497 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $10,574,760 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $280,199 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $3,731 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $283,930 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $766,499 | 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 | $3,731 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $3,731 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $3,731 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,278 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $5,222 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $7,500 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$7,500 | OriginalReturnOverpaymentAmt |
| Overpayment | $3,769 | OverpaymentAmt |
| Applied To ES Tax | $3,769 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | STEVEN SPECTOR LLC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3123579400 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S WACKER 2325 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606064103 | 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 | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | Yes (true) | UndistributedIncomePYInd |
| Undistributed Income PY1 | 2017 | UndistributedIncomePY1Yr |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| MARGOT LEVIN | ||||||||
| 150 S Wacker Dr 2325 | Chicago | IL | 60606 | PRESIDENT/DIRECTOR | 2.00 | $0 | $0 | $0 |
| LESLIE ANN SCHIFF | ||||||||
| 150 S Wacker Dr 2325 | Chicago | IL | 60606 | SECRETARY/DIRECTOR | 1.00 | $0 | $0 | $0 |
| DAVID SCHIFF | ||||||||
| 150 S Wacker Dr 2325 | Chicago | IL | 60606 | VICE PRESIDENT/DIRECTOR | 1.00 | $0 | $0 | $0 |
| STEVEN SPECTOR | ||||||||
| 150 S WACKER DRIVE 2325 | CHICAGO | IL | 60606 | TREASURER | 2.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN TRUST COMPANY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 50 SOUTH LASALLE STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60675 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESMENT MANAGEMENT | ServiceTypeTxt |
| Compensation | $63,190 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 63190 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $10,250,571 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $388,620 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $96,606 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $10,735,797 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $10,735,797 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $161,037 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $10,574,760 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $528,738 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $528,738 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $3,731 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $3,731 | TotalTaxAmt |
| Distributable Before Adj | $525,007 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $525,007 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $525,007 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $766,499 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $766,499 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $3,731 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $762,768 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $525,007 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $253,340 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $766,499 | QualifyingDistributionsAmt |
| Applied To Year1 | $253,340 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $513,159 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $11,848 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (8 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| UNIVOF VIRGINIA HEALTH FOUNDATION | ||||||
| PO Box 800773 | CHARLOTTESVILLE | VA | 229080773 | 501 (C) 3 | RESTRICTED GIFTTO FUNDSCHOOL OF MEDICINE | $380,000 |
| ART INSTITUTE OF CHICAGO | ||||||
| 111 S MICHIGAN AVE | CHICAGO | IL | 60603 | 501 (C) 3 | GENERAL SUPPORT | $200,000 |
| MAZON A JEWISH RESPONSE TO HUNGER | ||||||
| 1101 14TH STREET NW SUITE 930 | WASHINGTON | DC | 20005 | 501 (C) 3 | GENERAL SUPPORT | $25,000 |
| MERCY HOUSING LAKE FRONT | ||||||
| 120 S LASALLE STREET SUITE 1850 | CHICAGO | IL | 60603 | 501 (C) 3 | RESOURCE DEVELOPMENT | $50,000 |
| Planned Parenthood Federation of America | ||||||
| 123 William Street | New York | NY | 10038 | 501 (C) 3 | GENERAL SUPPORT | $30,000 |
| Organization for Autism Research | ||||||
| 2000 N 14-th Street Suite 240 | Arlington | VA | 22201 | 501 (C) 3 | GENERAL SUPPORT | $15,000 |
| American Parkinson's Disease Association | ||||||
| 135 Parkinson Ave | Staten Island | NY | 10305 | 501 (C) 3 | GENERAL SUPPORT | $25,000 |
| Rush University Medical Center | ||||||
| 1725 W Harrison Str Ste 755 | Chicago | IL | 60612 | 501 (C) 3 | GENERAL SUPPORT | $25,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $750,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 30 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 3 | ExclusionCd |
| Exclusion | $259,891 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 523000 | BusinessCd |
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 3 | ExclusionCd |
| Exclusion | $182,774 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $442,665 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $442,665 | 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 | 4 AND | LineNumberTxt |
| Relationship Statement | INCOME PROVIDES ADDITIONAL FUNDS FOR EXEMPT PURPOSES. | 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 |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (2 entries)
| AssetAssetDesc | How AcquiredHowAcquiredTxt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Basis MethodBasisMethodTxt | Total NetTotalNetAmt |
|---|---|---|---|---|---|
| Northern Trust account 23-09499 | Donated | $709,299 | $553,805 | FMV | $155,494 |
| Harold Schiff Trust Schedule k-1 | $27,280 | $27,280 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | ACCOUNT 23-09499 FIXED INCOME SECURITIES | BondNm |
| EOY Book Value | $1,988,973 | EOYBookValueAmt |
| EOYFMV | $1,963,656 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | ACCOUNT 23-09499 EQUITY SECURITIES | StockNm |
| EOY Book Value | $4,426,173 | EOYBookValueAmt |
| EOYFMV | $6,811,600 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | ACCOUNT 23-09499 COMMODITIES | CategoryOrItemTxt |
| Book Value | $421,590 | BookValueAmt |
| EOYFMV | $367,259 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | HAROLD SCHIFF TRUST | Desc |
| BOY Book Value | $119,683 | BOYBookValueAmt |
| EOY Book Value | $46,979 | EOYBookValueAmt |
| EOYFMV | $46,979 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|
| FILING FEE | $40 | $40 |
| MISC. | -$207 | -$207 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Misc. | $3,049 | |
| Capital Gain Distributions | $206 | $206 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Rounding | Desc |
| Amt | $5 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt |
|---|---|
| INV. ACC. 23-09499 MGMT FEES | $23,015 |
| INV. ACC. 23-09499 AGENCY FEES | $40,176 |
| INV. ACC. 23-09499 MISC. EXPENSE | $5 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAX WITHHELD ACC. 23-09499 | $6,517 | $6,517 |
| EXCISE TAX ON INV INC |
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