2017-11-03T17:46:29-05:00 2016-12-31 990 2016-01-01 363689172 CANTIGNY FOUNDATION CANT 6302608127 1 S 151 WINFIELD ROAD WHEATON IL 60189 SHEAU-MING K ROSS CHIEF FINANCIAL OFFICER/TREASURER 3127155000 2017-11-03 8.45.141.254 2017-11-03 15:27:58 CD P 91AE9B29591212D012AA733169A1DB3ED5AE56A0 91AE9B29591212D012AA733169A1DB3ED5AE56A0 2016 2021-01-29 14:40:06Z DAVID D HILLER 205 N MICHIGAN AVE4300 CHICAGO IL 60601 70703650 0 X WWW.CANTIGNYPARK.ORG X 1989 IL OPERATION OF CANTIGNY PARK, GOLF, MCCORMICK MUSEUM AND FIRST DIVISION MUSEUM IN WHEATON, ILLINOIS. HONOR AND UPHOLD THE LAST WILL AND TESTAMENT OF COL. ROBERT R. MCCORMICK. 5 5 167 170 1509730 -24015 12159001 15681747 4077838 4366037 12488361 15742117 3236322 3041560 31961522 38831461 0 0 0 0 8059997 8329417 0 0 0 12751682 12102060 20811679 20431477 11149843 18399984 281162139 306195064 5840476 6046954 275321663 300148110 X OPERATION OF CANTIGNY PARK, GOLF, MCCORMICK MUSEUM AND FIRST DIVISION MUSEUM IN WHEATON, ILLINOIS. HONOR AND UPHOLD THE LAST WILL AND TESTAMENT OF COL. ROBERT R. MCCORMICK, WHICH PROVIDED THAT HIS FORMER RESIDENCE AND 500 ACRES OF LAND IN WHEATON, ILLINOIS BE HELD IN TRUST IN PERPETUITY AS A MUSEUM AND PUBLIC PARK. 0 0 17962848 0 4366037 OPERATION OF CANTIGNY PARK. PARK OPERATONS INCLUDE TWO MUSEUMS, A 27-HOLE GOLF COURSE, GOLF LEARNING CENTER, 9-HOLE YOUTH GOLF COURSE, CLUBHOUSE, EXTENSIVE GARDENS, A GREENHOUSE, HIKING TRAILS, CHILDREN'S PLAYGROUND, VISITOR CENTER AND RESTAURANTS. IN 2016, OVER 550,000 VISITORS CAME TO ENJOY CANTIGNY PARK, GOLF, AND MUSEUMS. THIS INCLUDES OVER 150,000 VISITORS TO THE FIRST DIVISION MUSEUM. 0 0 0 17962848 1 1 0 0 0 0 0 1 0 1 1 1 0 0 0 1 0 1 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 1 71 0 1 167 1 1 1 0 0 0 0 0 0 0 0 0 X 5 5 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 IL X X SHEAU-MING K ROSS 6302608127 1 S 151 WINFIELD ROAD WHEATON IL 60189 DENNIS FITZSIMONS DIRECTOR, CHAIRMAN OF THE BOARD 2.00 3.00 X X 19400 42050 0 JOHN MADIGAN DIRECTOR 1.00 3.00 X 19400 36800 0 RUTHELLYN MUSIL DIRECTOR 1.00 3.00 X 19400 35600 0 SCOTT SMITH DIRECTOR 1.00 3.00 X 19400 36200 0 N DON WYCLIFF DIRECTOR 1.00 3.00 X 19400 35600 0 DAVID HILLER PRESIDENT & CHIEF EXECUTIVE OFFICER 10.00 30.00 X 121266 363797 66956 DONALD COOKE SNR. VP PHILANTHROPY,SECRETARY 2.00 38.00 X 16016 304310 60561 DAVID GRANAT VP, CHIEF INVESTMENT OFFICER 4.00 26.00 X 35700 261797 70661 LOUIS MARSICO SNR. VP OPERATIONS 26.00 14.00 X 220797 118891 77930 MELINDA ROSEBRAUGH TREASURER 16.00 24.00 X 76452 114678 59219 SHEAU-MING ROSS CHIEF FINANCIAL OFFICER (BEG 9/2016) 20.00 20.00 X 32425 32425 8037 PAUL HERBERT EX DIR CANTIGNY 1ST DIVISION MUSEUM 40.00 0.00 X 172036 0 66801 MATTHEW LAFOND EXECUTIVE DIRECTOR CANTIGNY PARK 40.00 0.00 X 167588 0 50803 PHILIP ZEPEDA DIRECTOR OF COMMUNICATIONS 16.00 24.00 X 74021 111031 63218 RAYMOND DEBIASE CHIEF INFORMATION OFFICER 14.00 26.00 X 59535 109075 50459 OSCAR REGALADO DIRECTOR OF HUMAN RESOURCES 14.00 26.00 X 58258 106736 61010 NAKITA BURRELL DIRECTOR OF FINANCE & ADMINISTRATION 14.00 26.00 X 43913 80455 39239 JEFFERSON REITER SNR. COMMUNICATIONS MANAGER 40.00 0.00 X 119384 0 49584 1294391 1789445 724478 5 0 1 0 LUCI CREATIVE 6900 NORTH CENTRAL PARK AVENUE LINCOLNWOOD IL 60712 MUSEUM DESIGN SERVICES 1146764 SASAKI ASSOCIATES INC 64 PLEASANT STREET WATERTOWN MA 02472 LANDSCAPE ARCHITECT 967340 DLA ARCHITECTS LTD TWO PIERCE PLACE SUITE 1300 ITASCA IL 60143 ARCHITECT SERVICES 252481 KEMPER SPORTS 500 SKOKIE BOULEVARD NORTHBROOK IL 60062 GOLF, FOOD/BEV OPS. MANAGER 202161 RAVENSWOOD STUDIO INC 6900 NORTH CENTRAL PARK AVENUE LINCOLNWOOD IL 60712 EXHIBIT FABRICATION SERVICES 168251 6 15674009 7738 15681747 GOLF AND GOLF ACADEMY REVENUE 713910 3109514 3109514 PARKING AND MEMBERSHIP FEES 812930 660805 660805 YOUTH LINKS 713910 323842 323842 PARK PROGRAMS AND EVENTS 713990 254276 254276 17600 17600 4366037 4566117 4566117 291603 21565 270038 270038 270038 41578055 13950 30416005 0 11162050 13950 11176000 11176000 4206141 1434619 2771522 1509730 1261792 38831461 4366037 1509730 17273947 0 0 0 0 1163491 579703 583788 0 4831320 4412305 419015 566161 517058 49103 1348280 1231345 116935 420165 383725 36440 4770218 4770218 76399 76399 36350 36350 0 0 78019 78019 362438 224559 137879 403243 403243 102313 91744 10569 140850 128634 12216 0 2076105 1896047 180058 95617 70964 24653 25093 6963 18130 0 0 2885826 2635542 250284 0 370675 338527 32148 EXHIBITS AND PROGRAMS 639686 639686 39228 35828 3400 20431477 17962848 2468629 0 19290 31762983 48095220 0 0 466514 572606 0 0 0 0 205214 205374 318828 311188 79859264 50737773 28338884 29121491 34079484 2949915 181566441 218638496 0 0 0 0 4423791 6281484 281162139 306195064 5840476 6046954 0 0 0 0 0 0 0 0 0 0 0 5840476 6046954 X 274482663 299309110 0 839000 839000 275321663 300148110 281162139 306195064 18399984 6426463 0 X 0 1 X 1 0 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0.00000 8299038 13240198 13821281 12159001 15681747 63201265 5543487 5502022 6363140 6428448 6644816 30481913 0 0 0 13842525 18742220 20184421 18587449 22326563 93683178 0 0 0 0 0 0 0 0 93683178 4032126 4443013 5347553 4630376 4857720 23310788 0 4032126 4443013 5347553 4630376 4857720 23310788 0 0 0 0 0 0 0 17874651 23185233 25531974 23217825 27184283 116993966 0.80080 0.80140 0.19920 0.19860 X 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X X 0 0 0 0 839000 839000 839000 839000 839000 839000 839000 839000 839000 839000 1.00000 0 0 0 1323205 1323205 0 41313863 25577221 15736642 0 0 0 0 0 11371326 9668669 1702657 0 25850870 15491883 10358987 29121491 0 0 INTERNATIONAL EQUITY INDEX FUND 50657459 F DOMESTIC EQUITY FUNDS 167981037 F 218638496 0 0 0 0 X 46714108 6426463 6426463 40287645 -1456184 -1456184 38831461 21887661 1456184 1456184 20431477 0 20431477 PART III, LINE 1A: "THE FOUNDATIONS' PERMANENT COLLECTIONS, WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS FROM BENEFACTORS SINCE THE FOUNDATIONS' INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. THE FOUNDATIONS' COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITIONS ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO THE FOUNDATIONS' POLICY THAT ALLOWS PROCEEDS FROM THEIR SALES OR INSURANCE RECOVERIES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR TO BE RECORDED AS INCREASES IN NET ASSETS." PART III, LINE 4: THE ROBERT R. MCCORMICK MUSEUM MAINTAINS COLLECTIONS THAT DEPICT THE LIFE AND TIMES OF ITS BENEFACTOR, COLONEL ROBERT R. MCCORMICK. THE COLLECTIONS OF THE FIRST DIVISION MUSEUM INCLUDE PRIMARILY MEMORABILIA OF THE FIRST INFANTRY DIVISION OF THE UNITED STATES ARMY AND CHICAGO TRIBUNE RECORDS. THE LAST WILL AND TESTAMENT OF COLONEL MCCORMICK PROVIDED THAT HIS FORMER RESIDENCE AND 500 ACRES OF LAND BE HELD IN TRUST IN PERPETUITY AS A MUSEUM AND PUBLIC PARK. PART III LINE 4 THE DISPLAY OF THESE COLLECTIONS DIRECTLY RELATES TO THE MISSION OF THE FOUNDATION TO HONOR AND UPHOLD THE PROVISIONS OF THE COLONEL'S WILL. PART V, LINE 4: THE LAST WILL AND TESTAMENT OF COLONEL ROBERT R. MCCORMICK PROVIDED THAT 500 ACRES OF LAND IN WHEATON, ILLINOIS BE HELD IN TRUST IN PERPETUITY AS A PUBLIC PARK. THE ORIGINAL COST BASIS OF THE LAND HAS BEEN RECORDED AND IS REFLECTED IN THE FINANCIAL STATEMENTS AS AN $839,000 PERMANENTLY RESTRICTED ASSET. PART X, LINE 2: "THE FOUNDATIONS HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) HAS ISSUED GUIDANCE THAT REQUIRES THE TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. ADDITIONALLY, NO MATERIAL PROVISION FOR INCOME TAXES IS REQUIRED FOR THE CONSOLIDATED FINANCIAL STATEMENTS. THERE IS NO INTEREST OR PENALTIES RECOGNIZED IN THE STATEMENT OF ACTIVITIES OR STATEMENT OF FINANCIAL POSITION. THE TAX YEARS ENDED 2013, 2014, 2015, AND 2016 ARE STILL OPEN TO AUDIT FOR BOTH FEDERAL AND STATE PURPOSES." PART XI, LINE 4B - OTHER ADJUSTMENTS: COST OF GOODS SOLD - $1,434,619 AND RENTAL EXPENSES - $21,565 PART XII, LINE 2D - OTHER ADJUSTMENTS: COST OF GOODS SOLD - $1,434,619 AND RENTAL EXPENSES - $21,565 EAST ASIA AND THE PACIFIC 0 0 PROGRAM SERVICESPROGRAM SERVICES VIETNAM RESEARCH 1500 EUROPE 0 0 PROGRAM SERVICES NORMANDY TOUR SPONSORSHIPS 16500 SOUTH ASIA 0 0 PROGRAM SERVICES AFGHANISTAN RESEARCH 800 0 0 0 0 0 0 18800 0 18800 0 0 0 0 0 0 0 PART I LINE 3F THE FOUNDATION USES THE ACCRUAL METHOD OF ACCOUNTING. THE PROGRAM SERVICE EXPENDITURES WERE INCURRED AND PAID IN 2016. X X 1 1 X X X 0 0 0 0 0 0 0 0 0 DAVID HILLER PRESIDENT & CHIEF EXECUTIVE OFFICER 107837 323511 0 0 13429 40286 12732 38196 4007 12021 138005 414014 0 0 DONALD COOKE SNR. VP PHILANTHROPY,SECRETARY 15108 287043 0 0 908 17267 1698 32253 1331 25279 19045 361842 0 0 DAVID GRANAT VP, CHIEF INVESTMENT OFFICER 32827 240729 0 0 2873 21068 6111 44817 2368 17365 44179 323979 0 0 LOUIS MARSICO SNR. VP OPERATIONS 203420 109534 0 0 17377 9357 33103 17825 17551 9451 271451 146167 0 0 MELINDA ROSEBRAUGH TREASURER 71289 106933 0 0 5163 7745 15023 22535 8664 12997 100139 150210 0 0 PAUL HERBERT EX DIR CANTIGNY 1ST DIVISION MUSEUM 162749 0 0 0 9287 0 33315 0 33486 0 238837 0 0 0 MATTHEW LAFOND EXECUTIVE DIRECTOR CANTIGNY PARK 160931 0 0 0 6657 0 29522 0 21281 0 218391 0 0 0 PHILIP ZEPEDA DIRECTOR OF COMMUNICATIONS 71202 106803 0 0 2819 4228 14711 22067 10576 15864 99308 148962 0 0 RAYMOND DEBIASE CHIEF INFORMATION OFFICER 56748 103970 0 0 2787 5105 8312 15228 9505 17414 77352 141717 0 0 OSCAR REGALADO DIRECTOR OF HUMAN RESOURCES 53549 98109 0 0 4709 8627 11744 21517 9798 17951 79800 146204 0 0 NAKITA BURRELL DIRECTOR OF FINANCE & ADMINISTRATION 42572 77998 0 0 1341 2457 7082 12974 6773 12410 57768 105839 0 0 JEFFERSON REITER SNR. COMMUNICATIONS MANAGER 118314 0 0 0 1070 0 19435 0 30149 0 168968 0 0 0 PART I LINE 1A IN AN EFFORT TO PROMOTE A HEALTHY LIFESTYLE, REIMBURSEMENT OF A PERCENTAGE OF HEALTH CLUB DUES AND INITIATION FEES (WITHIN CERTAIN LIMITS) IS A TAXABLE BENEFIT AVAILABLE TO ALL BENEFIT ELIGIBLE EMPLOYEES OF THE FOUNDATION. IN 2016 THE FOUNDATION'S PRESIDENT AND SENIOR VICE PRESIDENT OF PHILANTHROPY WERE REIMBURSED FOR SOCIAL CLUB DUES AS THEY RELATED TO FOUNDATION BUSINESS IN ACCORDANCE WITH FOUNDATION POLICY. THE REIMBURSEMENTS WERE NOT TREATED AS TAXABLE COMPENSATION. PART I LINE 1A AS PART OF THE 500 ACRE ESTATE'S MAINTENANCE AND SECURITY PLAN, THE CANTIGNY FOUNDATION PROVIDES HOUSING FOR CERTAIN POSITIONS. BOARD MANDATED RESIDENCY OF THESE POSITIONS IS AN INTEGRAL PART OF THE SECURITY PLAN. THE VALUE OF THIS HOUSING FOR 2016 FOR P. HERBERT, EXECUTIVE DIRECTOR CANTIGNY FIRST DIVISION MUSEUM WAS $26,400. X 72 0 0 0 1 0 PART I, LINE 33: PART I LINE 2B 72 IS THE NUMBER OF CONTRIBUTIONS RECEIVED. PART I LINE 33 A ZERO AMOUNT WAS REPORTED ON FORM 990, PART VIII, STATEMENT OF REVENUE, LINE 1G, BECAUSE THE MUSEUMS DID NOT CAPITALIZE THEIR COLLECTIONS, AS ALLOWED UNDER SFAS 116. BECAUSE NO VALUE IS PLACED ON THESE DONATIONS, PART IV, LINE 29 IS THEREFORE ANSWERED 'NO.' FORM 990, PART VI, SECTION A, LINE 3 SINCE 2014, CANTIGNY FOUNDATION HAS RETAINED KEMPER SPORTS MANAGEMENT, INC., AN UNRELATED PROFESSIONAL SERVICE PROVIDER, TO OPERATE AND MANAGE THE CANTIGNY GOLF AND FOOD AND BEVERAGE OPERATIONS UNDER CANTIGNY FOUNDATION'S SUPERVISION AND CONTROL. ALL OF KEMPER'S SERVICES MUST BE PERFORMED IN A MANNER THAT FURTHERS THE FOUNDATION'S CHARITABLE AND TAX-EXEMPT PURPOSES, AS DETERMINED IN THE SOLE DISCRETION OF THE FOUNDATION, AND THAT PRINCIPLE SHALL AT ALL TIMES OVERRIDE ANY PROFIT MOTIVE OF KEMPER SPORTS MANAGEMENT, INC. THE AGREEMENT HAS A FIVE-YEAR TERM WITH OPTIONS FOR EXTENSION AND CERTAIN EARLY TERMINATION RIGHTS. THE FACILITIES REMAIN THE ASSETS OF THE FOUNDATION, AND THE REVENUES AND MOST EXPENSES CONTINUE TO BE THE FOUNDATION'S; HOWEVER THE EMPLOYEES OF THE GOLF AND FOOD AND BEVERAGE OPERATIONS ARE KEMPER EMPLOYEES. FORM 990, PART VI, SECTION B, LINE 11B AFTER THE FORM 990 HAS BEEN COMPLETED, THE SENIOR VICE PRESIDENT OF OPERATIONS REVIEWS THE DOCUMENT. ONCE THE SENIOR VICE PRESIDENT IS SATISFIED THAT THE RETURN HAS BEEN ACCURATELY COMPLETED IN ACCORDANCE WITH IRS INSTRUCTIONS, THE RETURN IS REVIEWED FOR IRS COMPLIANCE BY THE FOUNDATION'S LEGAL COUNSEL. BEFORE FILING THE RETURN, THE SIGNIFICANT 990 COMPONENTS AND FORM CHANGES ARE SUMMARIZED FOR THE BOARD OF DIRECTORS. THE CHIEFE FINANCIAL OFFICER AND FOUNDATION'S LEGAL COUNSEL DISCUSS AND REVIEW THE 990 TAX RETURN WITH, AND A COPY OF THE RETURN IS PROVIDED TO, THE BOARD OF DIRECTORS DURING THEIR REGULARLY SCHEDULED MEETING. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND ANNUAL DISCLOSURE STATEMENTS ARE DISTRIBUTED TO ALL BENEFIT-ELIGIBLE EMPLOYEES AND BOARD MEMBERS. CONFLICT OF INTEREST DISCLOSURE STATEMENTS MUST BE COMPLETED EACH YEAR BY ALL BENEFIT-ELIGIBLE EMPLOYEES AND DIRECTORS AND RETURNED TO THE COMPLIANCE OFFICER FOR REVIEW. IF THE COMPLIANCE OFFICER DETERMINES THAT THERE IS IN FACT A CONFLICT OF INTEREST INVOLVING AN EMPLOYEE, THE MATTER IS DISCLOSED TO THE BOARD OF DIRECTORS. CONFLICTS IDENTIFIED INVOLVING A BOARD MEMBER ARE REFERRED TO LEGAL COUNSEL. ADDITIONALLY, THROUGHOUT THE YEAR, ANY THIRD PARTY INTERACTIONS THAT MAY GIVE RISE TO THE APPEARANCE OF A CONFLICT OF INTEREST MUST BE REPORTED TO THE COMPLIANCE OFFICER WITHIN ONE WEEK OF OCCURRENCE. FORM 990, PART VI, SECTION B, LINE 15 THE CEO AND EXECUTIVE TEAM MAKE KEY EMPLOYEE SALARY RECOMMENDATIONS TO THE BOARD OF DIRECTORS BASED ON PERFORMANCE EVALUATIONS, COST OF LIVING CHANGES, MARKET COMPARABILITY DATA AND BUDGET CONSTRAINTS. PROFILES ARE PREPARED FOR EACH VICE PRESIDENT AND KEY EMPLOYEE INCLUDING THEIR CURRENT SALARY, MARKET COMPARABILITY DATA, AND RECOMMENDED SALARY FOR THE FOLLOWING YEAR. THE BOARD REVIEWS THE PROFILES AND APPROVES/DISAPPROVES THE RECOMMENDATIONS. A PROFILE IS ALSO PREPARED FOR THE CEO POSITION, HOWEVER NO SALARY RECOMMENDATION IS MADE. THE BOARD REVIEWS THE PROFILES, DISCUSSES THE INFORMATION BASED ON THE FACTORS NOTED ABOVE AND AGREES ON AN ANNUAL SALARY FOR EACH MEMBER OF THE EXECUTIVE TEAM AND THE CEO. THE APPROVED SALARIES ARE COMMUNICATED BY THE BOARD OF DIRECTORS TO HUMAN RESOURCES IN WRITING AND DOCUMENTED IN THE MEETING MINUTES. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS AVAILABLE TO ALL EMPLOYEES ON THE FOUNDATION'S EMPLOYEE WEBSITE. THIS POLICY IS AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC ON THE FOUNDATION'S WEBSITE OR UPON REQUEST. ROBERT R MCCORMICK FOUNDATION 205 N MICHIGAN AVE SUITE 4300 CHICAGO IL 60601 363689171 GRANTMAKING IL 501(C)(3) 7 N/A 0 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 1 1 0 0