BEST PORTION FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- BEST PORTION FOUNDATION (EIN 26-0894840)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-13
- IRS object ID
- 201723179349102342
- Schema version
- 2016v3.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990-PF
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-13T22:44:04-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Deloitte Tax LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 S Wacker Dr | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 260894840 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BEST PORTION FOUNDATION | BusinessNameLine1Txt |
| Business Name Line2 | C/O WILLIAM THOMAS | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | BEST | BusinessNameControlTxt |
| Phone | 3124861000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 SOUTH WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY SCHWERTFEGER | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 3124861000 | PhoneNum |
| Signature | 2017-11-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Allen Lingle | PreparerPersonNm |
| PTIN | P01384006 | PTIN |
| Phone | 3124861000 | PhoneNum |
| Preparation | 2017-11-07 | PreparationDt |
Filing Security Information FilingSecurityInformation
IP Address IPAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| I Pv4 Address | 167.219.0.140 | IPv4AddressTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IP | 2017-11-07 | IPDt |
| IP Tm | 17:56:32 | IPTm |
| IP Timezone | CS | IPTimezoneCd |
| Filing License Type | P | FilingLicenseTypeCd |
| At Submission Creation Device Id | DA39A3EE5E6B4B0D3255BFEF95601890AFD80709 | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 2669C920989071134957D258F444B57E3A7B00E5 | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $20,120,278 | 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 |
| Dividends Rev And Expnss | $760,278 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $760,278 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $783 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,298,197 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $783 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $761,061 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $761,061 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $8,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $8,600 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $5,250 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $250 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $165,504 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $160,895 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $409 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $179,354 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $161,145 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,009 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,942,103 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,942,103 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,121,457 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $161,145 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,951,112 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,360,396 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $599,916 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $675,301 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $557,606 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $557,606 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers BOY | $48,210 | RcvblFromOfficersBOYAmt |
| Corporate Stock BOY | $9,751,384 | CorporateStockBOYAmt |
| Corporate Stock EOY | $7,862,062 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $13,155,402 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $5,568,785 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $6,527,963 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $6,407,270 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $16,043,680 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,947,631 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $20,120,278 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $16,043,680 | RetainedEarningBOYAmt |
| Retained Earning EOY | $14,947,631 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,043,680 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,947,631 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,043,680 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,947,631 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,043,680 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,360,396 | ExcessRevenueOverExpensesAmt |
| Other Increases | $1,264,347 | OtherIncreasesAmt |
| Subtotal | $14,947,631 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,947,631 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | UBS Y4 02002 K3 | PropertyDesc |
| How Acquired | P | HowAcquiredCd |
| Gross Sales Price | $3,298,197 | GrossSalesPriceAmt |
| Cost Or Other Basis | $3,297,414 | CostOrOtherBasisAmt |
| Gain Or Loss | $783 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $783 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $783 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,196,885 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $23,533,721 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.050858 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $1,620,818 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $18,940,062 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.085576 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,862,354 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $18,215,628 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.102239 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $1,790,461 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $17,750,615 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.100868 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,415,145 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $18,031,670 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.078481 | DistributionYr5Rt |
| Total Distribution | 0.418022 | TotalDistributionRt |
| Average Distribution | 0.083604 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $20,131,363 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,683,062 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $5,999 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,689,061 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,951,112 | 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 | $5,999 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,999 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,999 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $10,374 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $11,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $21,374 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $15,375 | OverpaymentAmt |
| Applied To ES Tax | $15,375 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | TIMOTHY SCHWERTFEGER | IndividualWithBooksNm |
| Phone | 3124861000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 111 S WACKER DR C/O WILLIAM THOMAS | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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 |
|---|---|---|---|---|---|---|---|---|
| M GAIL WALLER | ||||||||
| C/O WILLIAM THOMAS 111 S WACKER DR | CHICAGO | IL | 60606 | PRESIDENT | 5.00 | $0 | $0 | $0 |
| TIMOTHY SCHWERTFEGER | ||||||||
| C/O WILLIAM THOMAS 111 S WACKER DR | CHICAGO | IL | 60606 | VICE PRESIDENT, SECRETARY, | 5.00 | $0 | $0 | $0 |
| ANDREW SCHWERtFEGER | ||||||||
| C/O WILLIAM THOMAS 111 S WACKER DR | CHICAGO | IL | 60606 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $19,570,507 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $867,425 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $20,437,932 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $20,437,932 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $306,569 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $20,131,363 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,006,568 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,006,568 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,999 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,999 | TotalTaxAmt |
| Distributable Before Adj | $1,000,569 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,000,569 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,000,569 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,951,112 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,951,112 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $5,999 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,945,113 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,000,569 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $535,121 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $921,258 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $981,869 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $692,945 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $34,209 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $3,165,402 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,951,112 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,000,569 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,950,543 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $5,115,945 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $535,121 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,580,824 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $921,258 | ExcessFromYear4Amt |
| Excess From Year3 | $981,869 | ExcessFromYear3Amt |
| Excess From Year2 | $692,945 | ExcessFromYear2Amt |
| Excess From Year1 | $34,209 | ExcessFromYear1Amt |
| Excess From Current Year | $1,950,543 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | M GAIL WALLER | ContributingManagerNm |
| Contributing Manager | TIMOTHY SCHWERTFEGER | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (25 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| A BETTER CHICAGO | |||||||
| 222 MERCHANDISE MART PLAZA | CHICAGO | IL | 60654 | N/A | PC | PUBLIC | $374,699 |
| Chicago High School for the Arts | |||||||
| 521 East 35th Street | CHICAGO | IL | 60616 | N/A | PC | PUBLIC | $75,000 |
| Chicago Shakespeare Theater | |||||||
| 800 EAST GRAND AVENUE | CHICAGO | IL | 60611 | N/A | PC | PUBLIC | $200,483 |
| CLARA'S HOUSE | |||||||
| 1650 WEST 63RD STREET | CHICAGO | IL | 60636 | N/A | PC | PUBLIC | $3,000 |
| CLEAN ENERGY TRUST | |||||||
| 20 N WACKER DRIVE STE 734 | CHICAGO | IL | 60601 | N/A | PC | PUBLIC | $25,017 |
| COMMON GROUND FOUNDATION | |||||||
| 1136 S DELANO CT B201 | CHICAGO | IL | 60605 | N/A | PC | PUBLIC | $10,000 |
| EDUCATORS 4 EXCELLENCE | |||||||
| 351 W HUBBARD ST 805 | CHICAGO | IL | 60654 | N/A | PC | PUBLIC | $50,000 |
| EVANS SCHOLARS FOUNDATION | |||||||
| ONE BRIAR ROAD | GOLF | IL | 60029 | N/A | PC | PUBLIC | $49,734 |
| FOREFRONT | |||||||
| 20 SOUTH LASALLE STREET SUITE 1540 | CHICAGO | IL | 60604 | N/A | PC | PUBLIC | $100,000 |
| GEORGE MARK CHILDREN'S HOUSE | |||||||
| 2121 GEORGE MARK LANE | SAN LEANDRO | CA | 945781017 | N/A | PC | PUBLIC | $25,000 |
| GREATER ENGLEWOOD COMMUNITY | |||||||
| 815 W 63RD STREET | CHICAGO | IL | 60621 | N/A | PC | PUBLIC | $50,000 |
| HUBBARD STREET DANCE | |||||||
| 1147 W JACKSON BLVD | CHICAGO | IL | 60607 | N/A | PC | PUBLIC | $35,000 |
| Invest for Kids | |||||||
| 875 N Michigan Ave Ste 3400 | CHICAGO | IL | 60611 | N/A | PC | PUBLIC | $25,000 |
| MIDWEST ACCESS PROJECT | |||||||
| PO BOX 13173 | CHICAGO | IL | 60613 | N/A | PC | PUBLIC | $10,000 |
| MIKVA CHALLENGE | |||||||
| 332 S MICHIGAN AVENUE | CHICAGO | IL | 606044406 | N/A | PC | PUBLIC | $10,148 |
| NEW SCHOOLS FOR CHICAGO | |||||||
| 21 S CLARK ST 4301 | CHICAGO | IL | 60603 | N/A | PC | PUBLIC | $74,948 |
| ONE GOAL | |||||||
| 149 S CANAL | NEWARK | IL | 60541 | N/A | PC | PUBLIC | $25,000 |
| RANDOLPH COLLEGE | |||||||
| 2500 RIVERMONT AVE | LYNCHBURG | VA | 24503 | N/A | PC | PUBLIC | $250,000 |
| ROGER BALDWIN FOUNDATION | |||||||
| 180 N MICHIGAN STE 2300 | CHICAGO | IL | 60601 | N/A | PC | PUBLIC | $598,496 |
| SCHOOL YEAR ABROAD | |||||||
| 120 WATER STREET SUITE 310 | NORTH ANDOVER | MA | 01845 | N/A | PC | PUBLIC | $5,000 |
| STAND FOR CHILDREN LEADERSHIP CENTER | |||||||
| 850 W JACKSON BLVD 330 | CHICAGO | IL | 60607 | N/A | PC | PUBLIC | $160,170 |
| Teach for America | |||||||
| 315 West 36th St 8th Flr | New YORK | NY | 10018 | N/A | PC | PUBLIC | $100,000 |
| THE CHICAGO SCHOLARS FOUNDATION | |||||||
| 55 E Jackson Blvd Suite 1010 | chiCAGO | IL | 60604 | N/A | PC | PUBLIC | $630,408 |
| UNIVERSITY OF CHICAGO | |||||||
| 5801 S ELLIS AVE | CHICAGO | IL | 60637 | N/A | PC | PUBLIC | $50,000 |
| URBAN GATEWAYS | |||||||
| 205 W RANDOLPH ST 1700 | CHICAGO | IL | 60606 | N/A | PC | PUBLIC | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,942,103 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $760,278 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $783 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $761,061 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $761,061 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX RETURN FEES | CategoryTxt |
| Amt | $8,600 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,600 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | N/A | Desc |
| Amt | $0 | Amt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | UBS #02002 | BondNm |
| EOY Book Value | $6,527,963 | EOYBookValueAmt |
| EOYFMV | $6,407,270 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | UBS #02002 | StockNm |
| EOY Book Value | $7,862,062 | EOYBookValueAmt |
| EOYFMV | $13,155,402 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FILING FEES | $10 | $0 | $10 |
| BANK FEES | $399 | $0 | $399 |
| INVESTMENT ADVISORY FEES | $160,895 | $160,895 | $0 |
| MISCELLANEOUS EXPENSE - N/D | $4,200 | $0 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DIFFERENCE BETWEEN COST BASIS AND FMV | Desc |
| Amt | $1,264,347 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAXES | $5,000 | $0 | $0 |
| FOREIGN TAXES | $250 | $250 | $0 |
Comments