MCCORMACK FAMILY CHARITABLE FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- MCCORMACK FAMILY CHARITABLE FOUNDATION (EIN 36-7410704)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202543169349102529
- Schema version
- 2024v5.2
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T14:01:29-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 367410704 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE ROBERT MCCORMACK FAMILY CHARITABLE | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MCCO | BusinessNameControlTxt |
| Phone | 3126306000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 803878 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | THE NORTHERN TRUST COMPANY | PersonNm |
| Person Title | SVP | PersonTitleTxt |
| Phone | 3126306000 | PhoneNum |
| Signature | 2025-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON BELOT | PreparerPersonNm |
| PTIN | P00183464 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2025-11-11 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $17,318,149 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,627,261 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $389,368 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $389,368 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $6,709,981 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $7,641,100 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $6,709,981 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $1,277,288 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $1,186,123 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $14,003,898 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $8,285,472 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $10,079 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $2,520 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $7,559 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,250 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $1,250 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $146,056 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,947 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $202 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $200 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $158,837 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,719 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,009 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $885,800 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $885,800 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,044,637 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,719 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $894,809 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $12,959,261 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $8,279,753 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | -$28,500 | CashEOYAmt |
| Cash EOYFMV | -$28,500 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,559,747 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,402,280 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,402,280 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $3,525,804 | CorporateStockBOYAmt |
| Corporate Stock EOY | $3,635,339 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $8,101,588 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,743,955 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,452,772 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $842,781 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $8,829,506 | TotalAssetsBOYAmt |
| Total Assets EOY | $16,461,891 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,318,149 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $8,829,506 | CapitalStockBOYAmt |
| Capital Stock EOY | $16,461,891 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $8,829,506 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $16,461,891 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $8,829,506 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $16,461,891 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $8,829,506 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $12,959,261 | ExcessRevenueOverExpensesAmt |
| Other Increases | $319,387 | OtherIncreasesAmt |
| Subtotal | $22,108,154 | SubtotalAmt |
| Other Decreases | $5,646,263 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $16,461,891 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (8 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 35. ADR ALIBABA GRP HLDG LTD SPON ADS E ACH REP 8 ORD SHS ADS | 2013-09-30 | 2024-09-03 | $2,873 | $1,316 | $1,557 | $1,557 |
| 166487. HASHICORP INC COM USD0.000015 CL A | 2014-09-18 | 2024-09-03 | $5,629,901 | $26,441 | $5,603,460 | $5,603,460 |
| 2300. NORTHERN TRUST CORP | 2021-05-01 | 2024-05-08 | $196,161 | $169,686 | $26,475 | $26,475 |
| 640. NORTHERN TRUST CORP | 1950-01-01 | 2024-05-08 | $54,584 | $32 | $54,552 | $54,552 |
| 2820. NORTHERN TRUST CORP | 1950-01-01 | 2024-08-26 | $250,176 | $141 | $250,035 | $250,035 |
| 7240. NORTHERN TRUST CORP | 1950-01-01 | 2024-11-07 | $760,465 | $362 | $760,103 | $760,103 |
| 335. VIATRIS INC | 2020-10-16 | 2024-09-03 | $3,981 | $5,280 | -$1,299 | -$1,299 |
| 24000. MFC WISDOMTREE TR CLOUD COMPUTING FD WISDOMTREE CLOUD COMPUTING | 2022-08-30 | 2024-07-09 | $742,959 | $727,861 | $15,098 | $15,098 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $6,709,981 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $115,089 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $115,089 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $115,089 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $115,332 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $32,571 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $147,903 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,007 | EsPenaltyAmt |
| Overpayment | $31,807 | OverpaymentAmt |
| Applied To ES Tax | $31,807 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| 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 | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | NORTHERN TRUST COMPANY | IndividualWithBooksNm |
| Phone | 3126306000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 803878 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | NORTHERN TRUST COMPANY | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 803878 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 40 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $10,079 | CompensationAmt |
| 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 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $14,389,432 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $14,389,432 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $14,389,432 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $215,841 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $14,173,591 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $708,680 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $708,680 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $115,089 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $115,089 | TotalTaxAmt |
| Distributable Before Adj | $593,591 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $593,591 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $593,591 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $894,809 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $894,809 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $593,591 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $160,344 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| 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 | $894,809 | QualifyingDistributionsAmt |
| Applied To Year1 | $160,344 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $593,591 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $140,874 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $140,874 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $140,874 | 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 | $140,874 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | NONE | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (32 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Business Name Line2RecipientBusinessName/BusinessNameLine2Txt |
|---|---|---|---|---|---|---|---|---|
| JUPITER MEDICAL CENTER FOUNDATION | ||||||||
| 1210 S SOLD DIXIE HWY | JUPITER | FL | 33458 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| MALTZ JUPITER THEATRE INC | ||||||||
| 1001 E INDIANTOWN RD | JUPITER | FL | 33477 | NONE | PC | GENERAL SUPPORT | $7,000 | |
| BOYS & GIRLS CLUB OF MARTIN COUNTY | ||||||||
| 551 SE MLK JR BLVD | STUART | FL | 34994 | NONE | PC | GENERAL SUPPORT | $1,500 | |
| HSS FOUNDATION (HOSPITAL FOR SPECIAL | ||||||||
| 535 EAST 70TH STREET | NEW YORK | NY | 10021 | NONE | PC | GENERAL SUPPORT | $10,000 | SURGERY FOUNDATION) |
| WORLD FORUM AGI 2024 | ||||||||
| 100 LAKESHORE DR APT 1255 | N PLAM BEACH | FL | 33408 | NONE | PC | GENERAL SUPPORT | $27,000 | |
| HOBE SOUND COMMUNITY CHEST | ||||||||
| 11450 SE DIXIE HWY | BOBE SOUND | FL | 33455 | NONE | PC | GENERAL SUPPORT | $50,000 | |
| KENT PLACE SCHOOL | ||||||||
| 42 NORWOOD AVE | SUMMIT | NJ | 07901 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| BANNER LAKE CLUB | ||||||||
| 12212 SE LANTANA AVE | HOBE SOUND | FL | 33455 | NONE | PC | GENERAL SUPPORT | $600 | |
| GOVERNMENT ACCOUNTABILITY INSTITUTE | ||||||||
| 2900 NORTHMONT DR | TALLAHASSEE | FL | 32303 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| HOTCHKISS SCHOOL | ||||||||
| 406 SHARON RD | SALISBURY | CT | 06068 | NONE | PC | GENERAL SUPPORT | $150,000 | |
| SHIRLEY RYAN ABILITY LAB | ||||||||
| 355 E ERIE ST | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| EVERGLADES FOUNDATION | ||||||||
| 18001 OLD CUTLER ROAD SUITE 625 | PALMETTO BAY | FL | 33157 | NONE | PC | GENERAL SUPPORT | $125,000 | |
| BMQR NYYC AMERICAN MAGIC (NEW YORK YACHT | ||||||||
| 37 W 44TH ST | NEW YORK | NY | 10036 | NONE | PC | GENERAL SUPPORT | $50,000 | CLUB AMERICAN MAGIC) |
| WATCH HILL CONSERVANCY | ||||||||
| 1 BAY ST | WESTERLY | RI | 028915735 | NONE | PC | GENERAL SUPPORT | $3,500 | |
| HOOVER INSTITUTION | ||||||||
| 1399 NEW YORK AVE NW500 | WASHINGTON | DC | 20005 | NONE | PC | GENERAL SUPPORT | $50,000 | |
| NAVAL WAR COLLEGE FOUNDATION | ||||||||
| 686 CUSHING RD | NEWPORT | RI | 02841 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| WESTERLY ARMORY RESTORATION | ||||||||
| 45 RAILROAD AVE | WESTERLY | RI | 02891 | NONE | PC | GENERAL SUPPORT | $200 | |
| REDDING LAND TRUST INC | ||||||||
| PO BOX 1076 | REDDING CENTER | CT | 06975 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| WESTERLY LIBRARY & WILCOX PARK | ||||||||
| 44 BROAD ST | WESTERLY | RI | 02891 | NONE | PC | GENERAL SUPPORT | $500 | |
| NAVAL SEAL FOUNDATION | ||||||||
| 1619 D ST | VIRGINIA BEACH | VA | 23455 | NONE | PC | GENERAL SUPPORT | $150,000 | |
| MASSACHUSETTS GENERAL HOSPITAL DGV | ||||||||
| 55 FRUIT ST | BOSTON | MA | 02114 | NONE | PC | GENERAL SUPPORT | $25,000 | OFFICE FOR RESARCH FOR DR MUSSA MANSOUR |
| PTA OF LILLIE DEVEREAUX BLAKE SCHOOL | ||||||||
| 45 EAST 81ST STREET | NEW YORK | NY | 10028 | NONE | PC | GENERAL SUPPORT | $50,000 | |
| FAU WILKES HONOR COLLEGE (FLORIDA | ||||||||
| 5353 PARKSIDE DR | JUPITER | FL | 33458 | NONE | PC | GENERAL SUPPORT | $5,000 | ATLANTIC UNIVERSITY-WILKES HONOR CLLGE) |
| WESTERLY HOSPITAL FOUNDATION | ||||||||
| 25 WELLS ST | WESTERLY | RI | 02891 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| CHRIST MEMORIAL CHAPEL | ||||||||
| 52 S BEACH RD | HOBE SOUND | FL | 33455 | NONE | PC | GENERAL SUPPORT | $6,000 | |
| NAVAL INSTITUTE FOUNDATION | ||||||||
| 291 WOOD RD | ANNAPOLIS | MD | 214011213 | NONE | PC | GENERAL SUPPORT | $37,500 | |
| WEEKAPAUG FOUNDATION CONSERVATION | ||||||||
| 4 WAWALOAM DRIVE | WEEKAPAUG | RI | 02891 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| THE METROPOLITAN CLUB | ||||||||
| ONE EAST 60TH STREET | NEW YORK | NY | 10022 | NONE | PC | GENERAL SUPPORT | $5,000 | |
| NY YC FOUNDATION (NEW YORK YACHT CLUB | ||||||||
| 37 W 44TH ST | NEW YORK | NY | 10036 | NONE | PC | GENERAL SUPPORT | $25,000 | FOUNDATION) |
| WEEKAPAUG CHAPEL SOCIETY | ||||||||
| 4 WAWALOAM DRIVE | WESTERLY | RI | 02891 | NONE | PC | GENERAL SUPPORT | $1,000 | |
| UNC COLLEGE OF ARTS AND SCIENCE | ||||||||
| 205 SOUTH BUILDING | CHAPEL HILL | NC | 27599 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| RHODE ISLAND PBS FOUNDATION | ||||||||
| 50 PARK LN | PROVIDENCE | RI | 02907 | NONE | PC | GENERAL SUPPORT | $1,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $885,800 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $389,368 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $0 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $6,709,981 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (11 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| FEDERAL TAX REFUND | 1 | $74 | ||
| MFO DFA INVT DIMEN | 14 | $29 | ||
| GRIDION ENERGY FEE | 14 | $76,546 | ||
| ARCADIA EDUCATION | 14 | $40,728 | ||
| COLBECK STRATEGIC | 14 | $39,993 | ||
| ESO VENTURE FUND V | 14 | -$4,570 | ||
| KLCP DOMESTIC FUND | 1 | $77,312 | 900099 | $6,281 |
| MAP HERITAGE FUND | 1 | $5,463 | ||
| PLATINUM CREDIT OP | 1 | -$8,220 | 900099 | $37,731 |
| PLATINUM CREDIT OP | 1 | $114,734 | 900099 | $47,079 |
| WEATHERFORD VC III | 1 | $844,108 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $91,091 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $8,285,546 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $8,376,637 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | ROBERT MCCORMACK | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O NORTHERN TRUST COMPANY | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,627,261 | TotalContributionsAmt |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Noncash Property | 166,487 SHARES OF HASHICORP INC COM USD0.000015 CL A | NoncashPropertyDesc |
| Fair Market Value | $5,627,261 | FairMarketValueAmt |
| Received | 2024-08-30 | ReceivedDt |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $2,500 | Amt |
| Net Investment Income | $1,250 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $1,250 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (12 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| SEE ATTACHED SCHEDULE | ||
| C02079K305 ALPHABET INC CAPITA | $265,701 | $946,500 |
| C037833100 APPLE INC COM STK | $126,220 | $760,275 |
| C594918104 MICROSOFT CORP COM | $108,675 | $1,759,763 |
| C665859104 NORTHERN TR CORP CO | $360 | $737,078 |
| C717081103 PFIZER INC COM | $95,742 | $71,631 |
| C19247X100 MFC COHEN & STEERS | $113,443 | $118,043 |
| C233203421 MFO DFA INVT DIMENS | $483,493 | $585,147 |
| C46090E103 MFC INVESCO QQQ TRU | $853,971 | $1,355,782 |
| C46137V357 MFC INVESCO EXCHANG | $1,137,458 | $1,225,208 |
| C464287465 MFC ETF I SHARES MS | $77,040 | $142,903 |
| C922908363 MFC VANGUARD INDEX | $373,236 | $399,258 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (11 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| EUROPEAN SPECIAL OPP. SELECT F | |||
| WEATHFORD VC III, LLC | AT COST | $16,015 | |
| KLCP DOMESTIC FUND LP | AT COST | $869,186 | |
| ARCADIA EDUCATION PARTNERS, LP | AT COST | $150,685 | |
| ESO VENTURE FUND V, LP | AT COST | $275,605 | |
| MAP HERITAGE FUND, LP | AT COST | $58,532 | |
| C992G02993 GRIDIRON ENERGY FEE | AT COST | $909,958 | $835,529 |
| CBIO991128 CF EUROPEAN SPECIAL | AT COST | $247,327 | $7,252 |
| COLBECK STRATEGIC LENDING III | AT COST | $520,676 | |
| PLATINUM CREDIT OPPORTUNTIES F | AT COST | $126,454 | |
| PLATINUM CREDIT OPPORTUNITIES | AT COST | $1,278,334 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (3 entries)
| DescDesc | AmtAmt |
|---|---|
| 2024 TRANSACTIONS POSTED IN 2025 | $32,060 |
| SECURITIES RECEIVED FMV TO COST ADJ | $5,604,203 |
| PY CHECKING ACCT TIMING ADJ | $10,000 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE FILING FEE | $200 | $0 | $200 |
| ADR FEES | $2 | $2 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (11 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FEDERAL TAX REFUND | $74 | $0 |
| MFO DFA INVT DIMENSIONS GROUP INC EMERGI | $29 | $29 |
| GRIDIRON ENERGY FEEDER I LP | $76,546 | $76,546 |
| ARCADIA EDUCATION PARTNERS, LP | $40,728 | $40,728 |
| COLBECK STRATEGIC LENDING III ONSHORE FE | $39,993 | $39,993 |
| ESO VENTURE FUND V, LP | -$4,570 | -$4,570 |
| KLCP DOMESTIC FUND LP | $83,593 | $77,312 |
| MAP HERITAGE FUND L.P | $5,463 | $5,463 |
| PLATINUM CREDIT OPPORTUNTIES FUND LP | $29,511 | -$8,220 |
| PLATINUM CREDIT OPPORTUNITIES FUND - O L | $161,813 | $114,734 |
| WEATHERFORD VC III LLC | $844,108 | $844,108 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (4 entries)
| DescDesc | AmtAmt |
|---|---|
| 2023 TRANSACTIONS POSTED IN 2024 | $10,141 |
| PARTNERSHIP TIMING ADJUSTMENT | $129,830 |
| EUROPEAN SPECIAL OPP BV ADJ | $178,531 |
| COST BASIS ADJ | $885 |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor Detail SubstantialContributorDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT MCCORMACK | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O NORTHERN TRUST COMPANY | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FEDERAL TAX PAYMENT - PRIOR YE | $38,000 | $0 | $0 |
| ESTIMATED TAX PAYMENTS | $106,109 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $1,128 | $1,128 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $819 | $819 | $0 |
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