HAROLD M AND ADELINE S MORRISON FAMILY FOUNDATION: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
HAROLD M AND ADELINE S MORRISON FAMILY FOUNDATION (EIN 36-7090069)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-11-15
IRS object ID
201923199349103102
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-11-15T12:10:47-06:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN381357951PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1PLANTE & MORAN PLLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line110 S RIVERSIDE PLAZA 9TH FLOORAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN367090069EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1HAROLD M & ADELINE S MORRISON FAMILYBusinessNameLine1Txt
Business Name Line2FOUNDATIONBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlHAROBusinessNameControlTxt
Phone3124944513PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 E WASHINGTON STREET NO 430AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonHAROLD MORRISONPersonNm
Person TitleTRUSTEEPersonTitleTxt
Phone3124944513PhoneNum
Signature2019-11-14SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMICAH L WHEATPreparerPersonNm
PTINP00660920PTIN
Phone3122071040PhoneNum
Preparation2019-11-05PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address67.59.56.31IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-11-14IPDt
IP Tm08:16:18IPTm
IP TimezoneCSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device IdDA39A3EE5E6B4B0D3255BFEF95601890AFD80709AtSubmissionCreationDeviceId
At Submission Filing Device Id40B19B7CA7B5AE036CFEAD890A2FFD1ECCC7633AAtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2020-03-31 21:24:44ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$18,403,360FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$1,024,490ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$280,308InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$280,308InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss$309,191DividendsRevAndExpnssAmt
Dividends Net Invst Incm$309,191DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss$213,713NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$4,769,529GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$213,713CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss$104,524OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm$104,524OtherIncomeNetInvstIncmAmt
Total Rev And Expnss$1,932,226TotalRevAndExpnssAmt
Total Net Invst Incm$907,736TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$66,000CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$66,000CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss$27,546OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm$0OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl$27,546OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss$1,980PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm$0PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Dsbrs Chrtbl$1,980PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss$18,352LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$0LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$0LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$4,867AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$0AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$0AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$85,852OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$85,852OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$0OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$6,212TaxesRevAndExpnssAmt
Taxes Net Invst Incm$6,212TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$0TaxesDsbrsChrtblAmt
Occupancy Rev And Expnss$16,500OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm$0OccupancyNetInvstIncmAmt
Occupancy Dsbrs Chrtbl$16,500OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$6,437TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$0TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$6,437TravConfMeetingDsbrsChrtblAmt
Printing And Pub Rev And Expnss$520PrintingAndPubRevAndExpnssAmt
Printing And Pub Net Invst Incm$0PrintingAndPubNetInvstIncmAmt
Printing And Pub Dsbrs Chrtbl$520PrintingAndPubDsbrsChrtblAmt
Other Expenses Rev And Expnss$45,380OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$22,032OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$23,348OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$279,646TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$114,096TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$142,331TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$531,073ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$531,073ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$810,719TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$114,096TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$673,404TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,121,507ExcessRevenueOverExpensesAmt
Net Investment Income$793,640NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$3,553,071SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,620,140SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,620,140SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$6,496,094CorporateStockBOYAmt
Corporate Stock EOY$8,119,699CorporateStockEOYAmt
Corporate Stock EOYFMV$10,323,939CorporateStockEOYFMVAmt
Other Investments BOY$5,049,764OtherInvestmentsBOYAmt
Other Investments EOY$5,416,666OtherInvestmentsEOYAmt
Other Investments EOYFMV$5,376,539OtherInvestmentsEOYFMVAmt
Other Assets BOY$11,952OtherAssetsBOYAmt
Other Assets EOY$82,742OtherAssetsEOYAmt
Other Assets EOYFMV$82,742OtherAssetsEOYFMVAmt
Total Assets BOY$15,110,881TotalAssetsBOYAmt
Total Assets EOY$16,239,247TotalAssetsEOYAmt
Total Assets EOYFMV$18,403,360TotalAssetsEOYFMVAmt
Accounts Payable EOY$4,451AccountsPayableEOYAmt
Other Liabilities BOY$7,272OtherLiabilitiesBOYAmt
Other Liabilities EOY$9,680OtherLiabilitiesEOYAmt
Total Liabilities BOY$7,272TotalLiabilitiesBOYAmt
Total Liabilities EOY$14,131TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$5,730,747CapitalStockBOYAmt
Capital Stock EOY$6,852,254CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$9,372,862RetainedEarningBOYAmt
Retained Earning EOY$9,372,862RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$15,103,609TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$16,225,116TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$15,110,881TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$16,239,247TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$15,103,609TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,121,507ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$16,225,116SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$16,225,116TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (13 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
10495 SHS - CHARLES SCHWABP$746,220$701,299$44,921$44,921
INVESTMENT DISPOSAL - CHICAGO SENIOR INVESTORSP$1,265-$1,265-$1,265
INVESTMENT DISPOSAL - COMMUNITY BAN CAPITALP$8,983-$8,983-$8,983
79,490 SHS - CHARLES SCHWABP$2,454,864$2,583,794-$128,930-$128,930
FIRST HORIZONP$10$10$10
VALLEY NATIONAL - COVEREDP$325,961$62,766$263,195$263,195
VALLEY NATIONAL - NONCOVEREDP$157,121$33,802$123,319$123,319
MB FINANCIALP$287,500$301,564-$14,064-$14,064
MB FINANCIALP$675,000$740,000-$65,000-$65,000
VALLEY NATIONAL CASH IN LIEUP$8$8$8
CAPITAL GAINS THROUGH K-1'SP$15,897$15,897$15,897
300 SHS - CHARLES SCHWABP$106,788$122,343-$15,555-$15,555
RBC CAPITAL MARKETS (CEDAR HILL) DETAILS UPON REQUESTP$160$160$160
FieldValueIRS element (for citing)
Capital Gain Net Income$213,713CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$1,028,605AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$16,085,088NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.063948DistributionYr1Rt
Adjusted Qlfy Distri Yr2$772,878AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$12,873,982NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.060034DistributionYr2Rt
Adjusted Qlfy Distri Yr3$765,010AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$12,375,002NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.061819DistributionYr3Rt
Adjusted Qlfy Distri Yr4$543,019AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$11,357,113NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.047813DistributionYr4Rt
Adjusted Qlfy Distri Yr5$565,353AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$9,429,462NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.059956DistributionYr5Rt
Total Distribution0.293570TotalDistributionRt
Average Distribution0.058714AverageDistributionRt
Net Vl Noncharitable Assets$18,249,733NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$1,071,515AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$7,936NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$1,079,451AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$673,404QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$15,873InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$15,873SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$15,873TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$42,036EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$0ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld$0BackupWithholdingWithheldAmt
Total Payments And Credits$42,036TotalPaymentsAndCreditsAmt
Es Penalty$0EsPenaltyAmt
Overpayment$26,163OverpaymentAmt
Applied To ES Tax$26,163AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial ContributorsYes (1)NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksFIC CO DAVE GERVASEIndividualWithBooksNm
Phone3124944513PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line150 E WASHINGTON ST SUITE 400AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (10 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ADELINE S MORRISON
50 E WASHINGTON ST SUITE 430CHICAGOIL60602TRUSTEE1.00$0$0$0
AMY HEINRICH
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
BRUCE BOYD
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
CHARLES BRINLEY
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
HAROLD M MORRISON
50 E WASHINGTON ST SUITE 430CHICAGOIL60602TRUSTEE1.00$0$0$0
HELEN MORRISON
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
JUSTIN DAAB
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
LOIS MORRISON
50 E WASHINGTON ST SUITE 430CHICAGOIL60602EXEC. DIRECTOR25.00$66,000$1,980$0
MARGOT BRINLEY
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
ROB HEINRICH
50 E WASHINGTON ST SUITE 430CHICAGOIL60602DIRECTOR0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$3,306,019AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$3,265,263AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$11,956,366FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$18,527,648TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$18,527,648AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$277,915CashDeemedCharitableAmt
Net Vl Noncharitable Assets$18,249,733NetVlNoncharitableAssetsAmt
Minimum Investment Return$912,487MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$912,487MinimumInvestmentReturnAmt
Tax Based On Investment Income$15,873TaxBasedOnInvestmentIncomeAmt
Total Tax$15,873TotalTaxAmt
Distributable Before Adj$896,614DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$896,614DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$896,614DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$673,404ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$673,404QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$673,404AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$896,614DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$122,039ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$23,725ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$170,418ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$181,031ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$312,079ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$809,292TotalExcessDistributionCyovAmt
Qualifying Distributions$673,404QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$673,404AppliedToCurrentYearAmt
Remaining Distri From Corpus$0RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$223,210ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$223,210ExcessDistributionCyovAppCYAmt
Total Corpus$586,082TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$0ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$586,082ExcessDistriCyovToNextYrAmt
Excess From Year3$92,972ExcessFromYear3Amt
Excess From Year2$181,031ExcessFromYear2Amt
Excess From Year1$312,079ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (61 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
ALEXANDER YOUTH NETWORK
6220 THERMAL ROADCHARLOTTENC28211NONEPCGENERAL SUPPORT$1,000
ANGELIC ORGANICS LEARNING CENTER
1547 ROCKTON ROADCALEDONIAIL61011NONEPCGENERAL SUPPORT$1,000
ANNE K TAYLOR FUND
2724 ARVIN ROADBILLINGSMT59102NONEPCGENERAL SUPPORT$2,000
AUDUBON GREAT LAKES
17 N STATE STREET SUITE 1650CHICAGOIL60602NONEPCGENERAL SUPPORT$5,000
CATAWBA LANDS CONSERVANCY
4530 PARK ROAD SUITE 420CHARLOTTENC28209NONEPCGENERAL SUPPORT$1,500
CHICAGO ARTISTS COALITION
217 N CARPENTER STREETCHICAGOIL60607NONEPCGENERAL SUPPORT$2,000
CHICAGO BOTANIC GARDEN
1000 LAKE COOK ROADGLENCOEIL60022NONEPCGENERAL SUPPORT$35,000
DEPAUL UNIVERSITY - IRWIN STEANS CENTER
2233 N KENMORECHICAGOIL60614NONEPCGENERAL SUPPORT$9,000
DISCOVERY PLACE INC
1658 STERLING ROADCHARLOTTENC28209NONEPCGENERAL SUPPORT$15,000
ELAWA FARM FOUNDATION
PO BOX 181LAKE FORESTIL60045NONEPCGENERAL SUPPORT$2,000
ENVIRONMENTAL LAW & POLICY CENTER
35 E WACKER DRIVE SUITE 1600CHICAGOIL60601NONEPCGENERAL SUPPORT$2,000
FAITH IN PLACE
70 E LAKE STREET SUITE 920CHICAGOIL60601NONEPCGENERAL SUPPORT$2,000
FIRST BAPTIST CHURCH
401 N GENESEE PO BOX 44WAUKEGANIL60079NONEPCGENERAL SUPPORT$20,000
FIRST PRESBYTERIAN CHURCH OF LIBERTYVILLE
219 WEST MAPLE AVELIBERTYVILLEIL60048NONEPCGENERAL SUPPORT$2,000
FOREFRONT
208 S LASALLE STREET SUITE 1540CHICAGOIL60604NONEPCGENERAL SUPPORT$1,173
HIGHLAND PARK COMMUNITY FOUNDATION
PO BOX 398HIGHLAND PARKIL60035NONEPCGENERAL SUPPORT$500
LAKE COUNTY COMMUNITY FOUNDATION
114 S GENESEE STREET SUITE 505WAUKEGANIL60085NONESO IGENERAL SUPPORT$15,000
LAKE FOREST OPEN LANDS
350 N WAUKEGAN ROADLAKE FORESTIL60045NONEPCGENERAL SUPPORT$20,000
LAKE FORESTLAKE BLUFF HISTORICAL SOCIETY
509 E DEERPATH ROADLAKE FORESTIL60045NONEPCGENERAL SUPPORT$10,000
LIBERTY PRAIRIE FOUNDATION
32400 N HARRIS ROADGRAYSLAKEIL60030NONEPOFGENERAL SUPPORT$17,500
LINCOLN PARK ZOO
2001 N CLARK STREETCHICAGOIL60614NONEPCGENERAL SUPPORT$1,000
NATIONAL GEOGRAPHIC
1145 17TH STREET NWWASHINGTONDC20036NONEPCGENERAL SUPPORT$10,000
NORTH CHICAGO COMMUNITY PARTNERS
855 SKOKIE HIGHWAY SUITE DLAKE BLUFFIL60044NONEPOFGENERAL SUPPORT$1,000
NORTHSHORE UNIVERSITY HEALTH SYSTEM
1033 UNIVERSITY PLACE SUITE 450EVANSTONIL60201NONEPCGENERAL SUPPORT$2,000
NORTHWESTERN LAKE FOREST HOSPITAL
660 N WESTMORELAND RDLAKE FORESTIL60045NONEPCGENERAL SUPPORT$5,000
OPENLANDS
25 E WASHINGTON ST SUITE 1650CHICAGOIL60602NONEPCGENERAL SUPPORT$30,000
OPPORTUNITY INTERNATIONAL
2122 YORK ROAD SUITE 150OAK BROOKIL60523NONEPCGENERAL SUPPORT$500
POTOMAC CONSERVANCY
8403 COLESVILLE ROAD SUITE 805SILVER SPRINGMD20910NONEPCGENERAL SUPPORT$22,500
PRESBYTERIAN DISASTER ASSISTANCE
PO BOX 643700PITTSBURGHPA15264NONEPCGENERAL SUPPORT$1,000
RAGDALE FOUNDATION
1260 N GREEN BAY ROADLAKE FORESTIL60045NONEPCGENERAL SUPPORT$20,000
RARE
1310 N COURTHOUSE ROAD SUITE 110ARLINGTONVA22201NONEPCGENERAL SUPPORT$151,000
RAVINIA FESTIVAL
418 SHERIDAN ROADHIGHLAND PARKIL60035NONEPCGENERAL SUPPORT$30,500
SSA FUND
969 E 60TH STREETCHICAGOIL60637NONEPCGENERAL SUPPORT$1,000
THE FIELD MUSEUM
1400 S LAKE SHORE DRIVECHICAGOIL60605NONEPCGENERAL SUPPORT$1,000
THE LUNCH PROJECT
3126 SELWYN AVENUECHARLOTTENC28209NONEPCGENERAL SUPPORT$2,500
THE NATURE CONSERVANCY IN ILLINOIS
8 SOUTH MICHIGAN AVE SUITE 900CHICAGOIL60603NONEPCGENERAL SUPPORT$2,000
WFAE 907 FM
8801 JM KEYNES DRIVE SUITE 91CHARLOTTENC28262NONEPCGENERAL SUPPORT$1,000
WILD EARTH ALLIES
2 WISCONSIN CIRCLE SUITE 900CHEVY CHASEMD20815NONEPCGENERAL SUPPORT$1,000
YELLOWSTONE FOREVER
222 EAST MAIN STREET 301BOZEMANMT59715NONEPCGENERAL SUPPORT$1,000
ADVANCE ILLINOIS
303 E WACKER DRIVE SUITE 1925CHICAGOIL60601NONEPCGENERAL SUPPORT$25,000
BERNIE'S BOOK BANK
917 N SHORE DRIVELAKE BLUFFIL60044NONEPCGENERAL SUPPORT$5,000
BOYS & GIRLS CLUB OF LAKE COUNTY
1801 NORTH SHERIDAN ROAD SUITE 202NORTH CHICAGOIL60064NONEPCGENERAL SUPPORT$1,000
BRIGHTFOCUS FOUNDATION
22512 GATEWAY CENTER DRCLARKSBURGMD20871NONEPCGENERAL SUPPORT$1,000
BRUSHWOOD CENTER OF RYERSON WOODS
21850 RIVERWOODS RDRIVERWOODSIL60015NONEPCGENERAL SUPPORT$10,000
CAREER TRANSITIONS CENTER
703 W MONROE STCHICAGOIL60661NONEPCGENERAL SUPPORT$4,900
CRADLES TO CRAYONS
4141 W GEORGE STCHICAGOIL60641NONEPCGENERAL SUPPORT$1,000
FOREST PRESERVE FOUNDATION
69 W WASHINGTON STCHICAGOIL60602NONEPCGENERAL SUPPORT$1,000
KING BAUDOUIN FOUNDATION
10 ROCKEFELLER PLAZANEW YORKIL10020NONEPCGENERAL SUPPORT$10,000
LAWNDALE CHRISTIAN HEALTH CENTER
3860 WEST OGDEN AVENUECHICAGOIL60623NONEPCGENERAL SUPPORT$5,000
LET ME RUN
1515 MOCKINGBIRD LANE SUITE 7149CHARLOTTENC28209NONEPCGENERAL SUPPORT$2,000
LILLY FAMILY SCHOOL OF PHILANTHROPY
301 UNIVERSITY BLVDINDIANAPOLISIN46202NONEPCGENERAL SUPPORT$2,000
MCCORMICK THEOLOGICAL SEMINARY
5460 S UNIVERSITY AVECHICAGOIL60615NONEPCGENERAL SUPPORT$1,000
MOTE MARINE LABORATORY
1600 KEN THOMPSON PKWYSARASOTAFL34236NONEPCGENERAL SUPPORT$5,000
PEG PARTNERS
PO BOX 551MONTREATNC28757NONEPCGENERAL SUPPORT$1,000
PEO FOUNDATION-CHAP MQ SCHOLARSHIP FUND
3700 GRAND AVENUEDES MOINESIA50312NONEPCGENERAL SUPPORT$1,000
PROVIDENCE DAY SCHOOL
5800 SARDIS RDCHARLOTTENC28270NONEPCGENERAL SUPPORT$1,000
RUNNING WORKS
401 HAWTHORNE LN STE 110-317CHARLOTTENC28204NONEPCGENERAL SUPPORT$1,000
THE BHUTAN FOUNDATION
21 DUPONT CIRCLE NW SUITE 755WASHINGTONDC20036NONEPCGENERAL SUPPORT$1,000
VICTORY GARDENS THEATRE
2433 N LINCOLN AVECHICAGOIL60614NONEPCGENERAL SUPPORT$2,000
WORLD WILDLIFE FUND
1250 24TH ST NWWASHINGTONDC20037NONEPCGENERAL SUPPORT$1,500
ZACHARIAS SEXUAL ABUSE CENTER
4232 DEMPSTER STSKOKIEIL60076NONEPCGENERAL SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$531,073TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$280,308ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$309,191ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$104,524ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$213,713ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$907,736ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$907,736TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1HAROLD M MORRISONBusinessNameLine1Txt

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line150 E WASHINGTON ST STE 430AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd
FieldValueIRS element (for citing)
Total Contributions$1,024,490TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryTAX PREP FEESCategoryTxt
Amt$4,867Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
JP MORGAN CHASE$5,636$1,989,886
VALLEY NATIONAL BANCORP$94,446$328,560
INTEROCEAN SCHWAB$6,506,954$6,595,277
SCHWAB DAF$1,512,663$1,410,216

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (13 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
ATLANTIC CREEK REAL ESTATE IIAT COST$160,414$195,426
ASCENDANCE CAPITAL PARTNERS IIAT COST$429,926$358,390
BRAUVIN NET INV (FUND II)AT COST$995,221$995,221
ATLANTIC CREEK RE FUND IIIAT COST$305,531$313,040
ENERGY DISTRIBUTION PARTNERSAT COST$1,000,000$1,000,000
ROSE AFFORDABLE HOUSING PRES IVAT COST$308,097$296,577
CHATSWORTH BUS PARK SUBDEBTAT COST$729,231$729,231
EDP SENIOR PREFERRED EQUITYAT COST$395,862$395,862
BRAUVIN IIIAT COST$137,500$137,500
SAASAT COST$141,253$141,253
GRATITUDE RAILROAL VENTURESAT COST$49,974$49,974
CIRCLE TOWERS SENIOR INVESTORSAT COST$753,124$753,124
LAKESIDE WORKFORCE HOUSING IIAT COST$10,533$10,941

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLEGAL FEESCategoryTxt
Legal Fees$18,352LegalFeesAmt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
DIVIDENDS RECEIVABLE$11,952$0$0
NOTE RECEIVABLE$0$50,000$50,000
INTEREST RECEIVABLE$0$32,742$32,742

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
OTHER DEDUCTIONS - K-1'S$22,032$22,032$0
SUPPLIES$2,893$0$2,893
SHIPPING EXPENSE$437$0$437
MEMBERSHIP FEES$19,860$0$19,860
BANK FEES$70$0$70
MISCELLANEOUS FEES$88$0$88

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (10 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmt
FIC INC PARTNERSHIP - DIV$3$3$3
CHATSWORTH SENIOR INVESTORS - INTEREST$56,000$56,000$56,000
COMMUNITY BANCAPITAL - INTERST AND DIV$6,523$6,523$6,523
RAHPF IV INCOME$32,492$32,492$32,492
CHICAGO SENIOR INVESTORS$1,582$1,582$1,582
GRATITUDE RAILROAD VENTURES-$26-$26-$26
CIRCLE TOWER INVESTORS$3,124$3,124$3,124
LAKESIDE II-$408-$408-$408
SAAS CAPITAL$4,109$4,109$4,109
EDPO LLC$1,125$1,125$1,125

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDescBOY Book ValueBOYBookValueAmtEOY Book ValueEOYBookValueAmt
K-1 BASIS - CHICAGO URBAN MEZZANINE$317$0
K-1 BASIS - FIC INCOME PARTNERSHIP$6,955$7,022
DIVIDEND RECEIVABLE$0$2,658

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MANAGEMENT FEES$25,852$25,852$0
FIC OFFICE ADMINISTRATIVE FEES$60,000$60,000$0

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail

FieldValueIRS element (for citing)
PersonJUSTIN W DAABPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line150 E WASHINGTON STREET 430AddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60602ZIPCd

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryTAX WITHHELDCategoryTxt
Amt$6,212Amt
Net Investment Income$6,212NetInvestmentIncomeAmt
Disbursements Charitable Prps$0DisbursementsCharitablePrpsAmt

Comments

Anonymous: no account or email. Up to 2,000 characters, at most one link. Comments are checked automatically; some wait for review.