MARVIN AND MILDRED WEISS FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: MARVIN AND MILDRED WEISS FAMILY FOUNDATION (EIN 35-2049581)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-03-25
IRS object ID: 201700849349100700
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
Gain Loss Sale Other Assets Sch
Other Expenses Schedule
Other Professional Fees Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-03-25T16:40:39+00:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	363856676	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	KUTCHINS ROBBINS & DIAMOND LTD	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	1101 PERIMETER DR STE 760	AddressLine1Txt
City	SCHAUMBURG	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60173	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	352049581	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	MARVIN & MILDRED WEISS FAMILY	BusinessNameLine1Txt
Business Name Line2	FOUNDATION INC	BusinessNameLine2Txt

Field	Value	IRS element (for citing)
Business Name Control	MARV	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	104 S MICHIGAN AVE SUITE 1300	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DONALD WEISS	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Signature	2017-02-27	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MITCHELL KNOPOFF	PreparerPersonNm
PTIN	P00679753	PTIN
Phone	8472401040	PhoneNum
Preparation	2017-03-08	PreparationDt

Filing Security Information FilingSecurityInformation

Field	Value	IRS element (for citing)
At Submission Creation Device Id	55768AC9CD56D4035E89663FEFE1880A83120F3A	AtSubmissionCreationDeviceId
At Submission Filing Device Id	96200C9BDA4B4AA75EBE49A09F5D941F617E0ECE	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$6,962	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	$2	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$2	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$2	InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss	$18	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$18	DividendsNetInvstIncmAmt
Dividends Adj Net Incm	$18	DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss	-$7	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,003	GrossSalesPriceAmt
Total Rev And Expnss	$13	TotalRevAndExpnssAmt
Total Net Invst Incm	$20	TotalNetInvstIncmAmt
Total Adj Net Incm	$20	TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss	$221	AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss	$844	OtherProfFeesRevAndExpnssAmt
Other Expenses Rev And Expnss	$709	OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss	$1,774	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$0	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$0	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$0	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,774	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$0	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$0	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$1,761	ExcessRevenueOverExpensesAmt
Net Investment Income	$20	NetInvestmentIncomeAmt
Adjusted Net Income	$20	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$8,630	CashBOYAmt
Cash EOY	$6,867	CashEOYAmt
Cash EOYFMV	$6,867	CashEOYFMVAmt
Prepaid Expenses BOY	$93	PrepaidExpensesBOYAmt
Prepaid Expenses EOY	$95	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$95	PrepaidExpensesEOYFMVAmt
Total Assets BOY	$8,723	TotalAssetsBOYAmt
Total Assets EOY	$6,962	TotalAssetsEOYAmt
Total Assets EOYFMV	$6,962	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$8,723	RetainedEarningBOYAmt
Retained Earning EOY	$6,962	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$8,723	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$6,962	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$8,723	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$6,962	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$8,723	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$1,761	ExcessRevenueOverExpensesAmt
Subtotal	$6,962	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$6,962	TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	false	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$11,431	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$19,700	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.580254	DistributionYr1Rt
Net Vl Noncharitable Assets Yr2	$23,572	NetVlNoncharitableAssetsYr2Amt
Adjusted Qlfy Distri Yr3	$9,999	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$27,541	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.363059	DistributionYr3Rt
Net Vl Noncharitable Assets Yr4	$36,247	NetVlNoncharitableAssetsYr4Amt
Net Vl Noncharitable Assets Yr5	$32,209	NetVlNoncharitableAssetsYr5Amt
Total Distribution	0.943313	TotalDistributionRt
Average Distribution	0.471657	AverageDistributionRt
Net Vl Noncharitable Assets	$7,633	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$3,600	AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct	$3,600	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$0	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Estimated Plus Ovpmt Incm Tx	$95	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$95	TotalPaymentsAndCreditsAmt
Overpayment	$95	OverpaymentAmt
Applied To ES Tax	$95	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
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	NONE	WebsiteAddressTxt
Individual With Books	DONALD WEISS	IndividualWithBooksNm
Phone	3127543300	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	104 S MICHIGAN AVE	AddressLine1Txt
Address Line2	SUITE 1300	AddressLine2Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	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
Undistributed Income PY	false	UndistributedIncomePYInd
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

Field	Value	IRS element (for citing)
Person	DONALD WEISS	PersonNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	104 S MICHIGAN AVE	AddressLine1Txt
Address Line2	SUITE 1300	AddressLine2Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Field	Value	IRS element (for citing)
Title	DIRECTOR	TitleTxt
Average Hrs Per Wk Devoted To Pos	1.00	AverageHrsPerWkDevotedToPosRt
Compensation	$0	CompensationAmt
Employee Benefit Program	$0	EmployeeBenefitProgramAmt
Expense Account Other Allwnc	$0	ExpenseAccountOtherAllwncAmt

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$0	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$7,749	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$7,749	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$7,749	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$116	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$7,633	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$382	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$382	MinimumInvestmentReturnAmt
Distributable Before Adj	$382	DistributableBeforeAdjAmt
Distributable Before Ded	$382	DistributableBeforeDedAmt
Distributable As Adjusted	$382	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$0	ExpensesAndContributionsAmt
Qualifying Distributions	$0	QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$382	DistributableAsAdjustedAmt
Excess Distribution Cyov Yr3	$8,624	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr1	$10,448	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$19,072	TotalExcessDistributionCyovAmt
Excess Distri Cyov App CY Corpus	$382	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$382	ExcessDistributionCyovAppCYAmt
Total Corpus	$18,690	TotalCorpusAmt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$18,690	ExcessDistriCyovToNextYrAmt
Excess From Year3	$8,242	ExcessFromYear3Amt
Excess From Year1	$10,448	ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$2	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$18	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Related Or Exempt Function Incm	-$7	RelatedOrExemptFunctionIncmAmt

Other Revenue Described OtherRevenueDescribedGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Exclusion	14	ExclusionCd

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Exclusion	$20	ExclusionAmt
Related Or Exempt Function Incm	-$7	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$13	TotalIncomeProducingActyAmt

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 (3 entries)

CategoryCategoryTxt	AmtAmt
ACCOUNTING
BMO TAX FEE	$200
PROFESSIONAL FEES	$21

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)

AssetAssetDesc	AcquiredAcquiredDt	How AcquiredHowAcquiredTxt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	BasisBasisAmt	Total NetTotalNetAmt
FEDERATED ULTRA SHORT FD	2013-09	PURCHASE	2016-01	$200	$202	-$2
FEDERATED ULTRA SHORT FD	2013-09	PURCHASE	2016-03	$100	$101	-$1
FEDERATED ULTRA SHORT FD	2013-09	PURCHASE	2016-05	$100	$101	-$1
FEDERATED ULTRA SHORT FD	2013-09	PURCHASE	2016-05	$200	$201	-$1
FEDERATED ULTRA SHORT FD	2013-09	PURCHASE	2016-07	$200	$201	-$1
FEDERATED ULTRA SHORT FD	2013-09	PURCHASE	2016-07	$203	$204	-$1

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
EXPENSES
BANK CHARGES	$709
MISCELLANEOUS

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT FEES	CategoryTxt
Amt	$844	Amt

MARVIN AND MILDRED WEISS FAMILY FOUNDATION: Form 990PF, tax year 2016

Return header ReturnHeader

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Preparer US Address PreparerUSAddress

Filer Filer

Business Name BusinessName

US Address USAddress

Business Officer BusinessOfficerGrp

Preparer Person PreparerPersonGrp

Filing Security Information FilingSecurityInformation

Form 990-PF IRS990PF

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Statements Regarding Acty StatementsRegardingActyGrp

Location Of Books US Address LocationOfBooksUSAddress

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp

US Address USAddress

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Distributable Amount DistributableAmountGrp

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Undistributed Income UndistributedIncomeGrp

Supplementary Information SupplementaryInformationGrp

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail (3 entries)

Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch

Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (6 entries)

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Comments