FULK FAMILY FOUNDATION INC: Form 990PF, tax year 2014
View the entire original 990 at ProPublica ↗
- Organization
- FULK FAMILY FOUNDATION INC (EIN 47-0732237)
- Tax period
- 2014-08-01 to 2015-07-31
- Filed
- 2016-03-22
- IRS object ID
- 201600829349100605
- Schema version
- 2014v6.0
- 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
- Schedule B
- Accounting Fees Schedule
- All Oth Prog Rltd Investments Sch
- Depreciation Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-03-22T11:21:09-05:00 | ReturnTs |
| Tax Period End | 2015-07-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | BKD LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1248 O STREET STE 1040 | AddressLine1Txt |
| City | LINCOLN | CityNm |
| State Abbreviation | NE | StateAbbreviationCd |
| ZIP | 685081461 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2014-08-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 470732237 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FULK FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % MARCIA COFFMAN | InCareOfNm |
| Business Name Control | FULK | BusinessNameControlTxt |
| Phone | 3122362208 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S Wacker Dr Suite 2400 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARCIA COFFMAN | PersonNm |
| Person Title | ACCOUNTANT | PersonTitleTxt |
| Signature | 2016-03-15 | SignatureDt |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON W BOMBECK | PreparerPersonNm |
| PTIN | P00393463 | PTIN |
| Phone | 4024737600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2014 | TaxYr |
| Build TS | 2016-08-17 19:52:53Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $41,743,289 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $14,024,069 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $504,858 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $500,390 | DividendsNetInvstIncmAmt |
| Dividends Adj Net Incm | $4,468 | DividendsAdjNetIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $9,855,613 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,983,449 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $9,855,613 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $2,500 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $2,500 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $24,387,040 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $10,358,503 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $4,468 | TotalAdjNetIncmAmt |
| Accounting Fees Rev And Expnss | $7,935 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $3,967 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $3,968 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,210 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $605 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $605 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $61,449 | TaxesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $209,142 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $204,915 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $3,948 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $279,736 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $209,487 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,521 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,343,768 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,343,768 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,623,504 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $209,487 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,352,289 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $22,763,536 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $10,149,016 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $4,468 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $47,946 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $8,157,347 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $8,157,347 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $977,066 | CorporateStockBOYAmt |
| Corporate Stock EOY | $1,127,508 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $15,105,762 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $3,231,023 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,494,472 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,860,610 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $12,308,215 | OtherAssetsBOYAmt |
| Other Assets EOY | $13,461,278 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $13,619,570 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $16,564,250 | TotalAssetsBOYAmt |
| Total Assets EOY | $26,240,605 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $41,743,289 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $16,564,250 | RetainedEarningBOYAmt |
| Retained Earning EOY | $26,240,605 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $16,564,250 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $26,240,605 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $16,564,250 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $26,240,605 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $16,564,250 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $22,763,536 | ExcessRevenueOverExpensesAmt |
| Subtotal | $39,327,786 | SubtotalAmt |
| Other Decreases | $13,087,181 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $26,240,605 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (17 entries)
| PropertyPropertyDesc | Gain Or LossGainOrLossAmt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| S/T GAIN - PARTNERSHIP | $53,127 | ||||
| L/T GAIN - PARTNERSHIP | $921,590 | ||||
| 6,700 SH DYAX CORP | $145,218 | 2015-05-06 | $165,557 | $20,339 | $145,218 |
| 10,000 SH DYAX CORP | $229,188 | 2015-07-09 | $261,686 | $32,498 | $229,188 |
| 6,000 SH POZEN INC. | $35,272 | 2015-06-30 | $66,590 | $31,318 | $35,272 |
| 45,000 SH HCC INSURANCE HOLDINGS INC. | $3,403,340 | 2015-07-23 | $3,471,340 | $68,000 | $3,403,340 |
| 65,000 SH HCC INSURANCE HOLDINGS INC. | $4,919,904 | 2015-07-29 | $5,018,126 | $98,222 | $4,919,904 |
| .693 SH THIRD VALUE FUND | $33 | 2014-11-14 | $42 | $9 | $33 |
| CAPITAL GAIN DISTRIB | $147,935 | ||||
| .271 SH DODGE & COX INT'L FUND | 2014-11-14 | $11 | $11 | ||
| .789 SH MUTUAL DISCOVERY FUND | 2014-11-14 | $28 | $28 | ||
| .824 SH LONG LEAF PARTNERS INT'L FUND | 2014-11-14 | $13 | $13 | ||
| .976 SH LONG LEAF PARTNERS INT'L FUND | 2014-12-09 | $15 | $15 | ||
| .576 SH OAKMARK INT'L SMALL CAP | $1 | 2014-11-14 | $10 | $9 | $1 |
| .227 SH FIRST EAGLE SOGEN FUNDS | 2014-12-01 | $5 | $5 | ||
| .764 SH TWEEDY BROWNE GLOBAL | -$1 | 2014-12-01 | $20 | $21 | -$1 |
| .257 SH FIRST EAGLE US VALUE | $6 | 2014-11-14 | $6 | $6 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $9,855,613 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $1,289,206 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $27,507,308 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.046868 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $913,185 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $23,580,850 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.038726 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $1,020,047 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $19,824,414 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051454 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $929,135 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $20,926,083 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.044401 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $769,170 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $17,953,336 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.042843 | DistributionYr5Rt |
| Total Distribution | 0.224292 | TotalDistributionRt |
| Average Distribution | 0.044858 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $30,031,183 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,347,139 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $101,490 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,448,629 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $1,352,289 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $202,980 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $202,980 | SubtotalAmt |
| Tax Based On Investment Income | $202,980 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $43,600 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $160,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $203,600 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $620 | OverpaymentAmt |
| Applied To ES Tax | $620 | 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 |
| Org Report Or Register State | NE | OrgReportOrRegisterStateCd |
| 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 | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MARCIA COFFMAN | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3122362208 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | STE 2400 150 S WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
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 |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| ROBERT W FULK | ||||||
| 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | PRE/TR/DIR | 0 | $0 |
| ALICE BRUNNER | ||||||
| 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | DIRECTOR | 0 | $0 |
| MARCIA COFFMAN | ||||||
| 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | DIRECTOR | 0 | $0 |
| N JANE MORRISON | ||||||
| 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | DIRECTOR | 0 | $0 |
| LINDA KRONING | ||||||
| 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | DIRECTOR | 0 | $0 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NO DIRECT CHARITABLE ACTIVITIES | Description1Txt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NO PROGRAM RELATED INVESTMENTS | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $15,898,974 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $670,853 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $13,918,684 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $30,488,511 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $30,488,511 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $457,328 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $30,031,183 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,501,559 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,501,559 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $202,980 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $202,980 | TotalTaxAmt |
| Distributable Before Adj | $1,298,579 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,298,579 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,298,579 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,352,289 | 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 | $1,352,289 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $1,352,289 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,298,579 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $1,180,732 | UndistributedIncomePYAmt |
| Prior Year1 | 2012 | PriorYear1Yr |
| Prior Year2 | 2011 | PriorYear2Yr |
| Prior Year3 | 2010 | PriorYear3Yr |
| 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 | $1,352,289 | QualifyingDistributionsAmt |
| Applied To Year1 | $1,180,732 | AppliedToYear1Amt |
| Applied To Current Year | $171,557 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $1,127,022 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | FULK FARMS INC | ContributingManagerNm |
| Contributing Manager | ROBERT W FULK | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | MARCIA COFFMAN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 150 S WACKER DR STE 2400 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3122362208 | RecipientPhoneNum |
| Form And Info And Materials | APPLICATION SHOULD BE MADE BY LETTER TO THE BOARD STATING IN PRECISE TERMS: 1) THE PURPOSE FOR WHICH THE FUNDS WILL BE USED. 2) OTHER SOURCES OF FUNDING ANTICIPATED (OTHER ORGANIZATIONS, THE GENERAL PUBLIC, ETC.) 3) INCLUDE A LIST OF CURRENT OFFICERS AND DIRECTORS. 4) INCLUDE A COPY OF THE LETTER FROM THE INTERNAL REVENUE SERVICE AUTHORIZING IRC SECTION 501(C)(3) STATUS. | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | DECEMBER 1 DUE DATE FOR APPROVAL BY DECEMBER 31 | SubmissionDeadlinesTxt |
| Restrictions On Awards | NONE | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (33 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| GRANT PARK MUSIC FESTIVAL | |||||||
| 205 EAST RANDOLPH STREET | CHICAGO | IL | 60601 | PUBLIC | PC | GENERAL OPERATIONS | $10,000 |
| THE CHICAGO FARMERS | |||||||
| 332 S MICHIGAN AVE STE 1032 | CHICAGO | IL | 60604 | PUBLIC | PC | SCHOLARSHIP FUND | $3,000 |
| CHICAGO HS FOR AGRICULTURAL SCIENCE | |||||||
| 3857 W 111TH STREET | CHICAGO | IL | 60655 | PUBLIC | PC | GENERAL OPERATIONS | $5,000 |
| CORNELL UNIVERSITY | |||||||
| 130 E SENECA STREET STE 400 | ITHACA | NY | 14850 | PUBLIC | PC | SCHOLARSHIP FUND | $10,000 |
| AMERICAN CIVIL LIBERTIES UNION FOUNDATION | |||||||
| 125 BROAD STREET 18TH FLOOR | NEW YORK | NY | 100042400 | PUBLIC | PC | GENERAL OPERATIONS | $10,000 |
| ASSOCIATION HOUSE OF CHICAGO | |||||||
| 1116 N KEDZIE AVENUE | CHICAGO | IL | 60651 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| CHICAGO SYMPHONY ORCHESTRA ASSOC | |||||||
| 220 SOUTH MICHIGAN AVENUE | CHICAGO | IL | 606042559 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| CHICAGO OPERA THEATER | |||||||
| 70 E LAKE STREET STE 415 | CHICAGO | IL | 60601 | PUBLIC | PC | GENERAL OPERATIONS | $20,000 |
| GENE SISKEL FILM CENTER OF THE ART INSTITUTE | |||||||
| 164 N STATE STREET | CHICAGO | IL | 60601 | PUBLIC | PC | GENERAL OPERATIONS | $5,000 |
| LYRIC OPERA OF CHICAGO | |||||||
| 20 N WACKER DRIVE | CHICAGO | IL | 60606 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| MERIT SCHOOL OF MUSIC | |||||||
| 38 SOUTH PEORIA STREET | CHICAGO | IL | 60604 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| THE RENAISSANCE SOCIETY AT THE UNIV OF CHICAGO | |||||||
| 5811 S ELLIS AVENUE | CHICAGO | IL | 60637 | PUBLIC | PC | GENERAL OPERATIONS | $3,000 |
| SCHOOL OF THE ART INSTITUTE OF CHICAGO | |||||||
| 116 SOUTH MICHIGAN AVE 5TH FLOOR | CHICAGO | IL | 60603 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| SMART MUSEUM OF ART - UNIVERSITY OF CHICAGO | |||||||
| 5550 SOUTH GREENWOOD AVENUE | CHICAGO | IL | 60637 | PUBLIC | PC | GENERAL OPERATIONS | $5,000 |
| THRESHOLDS | |||||||
| 4101 N RAVENSWOOD AVENUE | CHICAGO | IL | 60613 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| BRENTON ARBORETUM | |||||||
| 25141 260TH STREET | DALLAS CENTER | IA | 50063 | PUBLIC | PC | GENERAL OPERATIONS | $100,000 |
| THE WETLANDS INITIATIVE | |||||||
| 53 W JACKSON BLVD STE 1015 | CHICAGO | IL | 60604 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| PLANNED PARENTHOOD OF ILLINOIS | |||||||
| 18 S MICHIGAN AVENUE 6TH FLOOR | CHICAGO | IL | 60603 | PUBLIC | PC | GENERAL OPERATIONS | $50,000 |
| PLANNED PARENTHOOD OF THE HEARTLAND | |||||||
| 1171 7TH ST | DES MOINES | IA | 50314 | PUBLIC | PC | GENERAL OPERATIONS | $50,000 |
| GREATER CHICAGO FOOD DEPOSITORY | |||||||
| 4100 W ANN LURIE PLACE | CHICAGO | IL | 60632 | PUBLIC | PC | GENERAL OPERATIONS | $100,000 |
| MAYO CLINIC | |||||||
| 200 FIRST STREET SW | ROCHESTER | MN | 55905 | PUBLIC | PC | NEPHROLOGY COLLABORATIVE GROUP | $49,000 |
| TABITHA FOUNDATION | |||||||
| 4720 RANDOLPH STREET | LINCOLN | NE | 68510 | PUBLIC | PC | GENERAL OPERATIONS | $25,000 |
| AMERICAN DIABETES ASSOCIATION | |||||||
| 6900 COLLEGE BLVD STE 250 | OVERLAND PARK | KS | 66211 | PUBLIC | PC | GENERAL OPERATIONS | $1,000 |
| MEMORIAL SLOAN KETTERING CANCER CENTER | |||||||
| 633 THIRD AVENEUE | NEW YORK | NY | 10015 | PUBLIC | PC | GENERAL OPERATIONS | $2,000 |
| CHESAPEAKE BAY FOUNDATION | |||||||
| 6 HERNDON AVENUE | ANNAPOLIS | MD | 21403 | PUBLIC | PC | GENERAL OPERATIONS | $100,000 |
| THE FOUNDATION FOR PERIPHERAL NEUROPATHY | |||||||
| 485 HALF DAY ROAD STE 350 | BUFFALO GROVE | IL | 60089 | PUBLIC | PC | GENERAL OPERATIONS | $2,000 |
| UNIVERSITY CLUB FOUNDATION | |||||||
| 76 E MONROE STREET | CHICAGO | IL | 606033102 | PUBLIC | PC | SCHOLARSHIP FUND | $5,000 |
| PROJECT RUSH | |||||||
| 222 W ADAMS STREET | CHICAGO | IL | 60603 | PUBLIC | PC | GENERAL OPERATIONS | $5,000 |
| GREATER CHICAGO FOOD DEPOSITORY | |||||||
| 4100 WEST ANN LURIE PLACE | CHICAGO | IL | 606323920 | PUBLIC | PC | MEMORY OF PAUL KRAUS | $1,000 |
| THE CHICAGO COUNCIL ON GLOBAL AFFAIRS | |||||||
| 332 S MICHIGAN AVE STE 1100 | CHICAGO | IL | 60604 | PUBLIC | PC | GENERAL OPERATIONS | $1,000 |
| REHABILITATION INSTITUTE OF CHICAGO | |||||||
| 345 E SUPERIOR STREET | CHICAGO | IL | 60611 | PUBLIC | PC | GENERAL OPERATIONS | $100,000 |
| MAYO CLINIC | |||||||
| 200 FIRST STREET SW | ROCHESTER | MN | 55905 | PUBLIC | PC | NEPHROLOGY DEPARTMENT | $501,768 |
| CHICAGO HUMANITIES FESTIVAL | |||||||
| 500 N DEARBORN STE 825 | CHICAGO | IL | 60654 | PUBLIC | PC | GENERAL OPERATIONS | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,343,768 | 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 |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $504,858 | 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 Incm Part VII | OtherInvestmentIncmPartVIIGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,855,613 | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS REVENUE | Desc |
| Exclusion | 14 | ExclusionCd |
| Exclusion | $2,500 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $10,362,971 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $10,362,971 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (7 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Person ContributionPersonContributionInd | Noncash ContributionNoncashContributionInd |
|---|---|---|---|---|---|---|---|
| ROBERT W FULK | |||||||
| 1 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $15,000 | Yes (X) | |
| ROBERT W FULK | |||||||
| 2 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $20,204 | Yes (X) | Yes (X) |
| ROBERT W FULK | |||||||
| 3 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $164,552 | Yes (X) | Yes (X) |
| ROBERT W FULK | |||||||
| 4 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $529,700 | Yes (X) | Yes (X) |
| ROBERT W FULK | |||||||
| 5 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $15,809 | Yes (X) | Yes (X) |
| ROBERT W FULK | |||||||
| 6 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $13,068,504 | Yes (X) | Yes (X) |
| ROBERT W FULK | |||||||
| 7 | 150 S WACKER DRIVE STE 2400 | CHICAGO | IL | 60606 | $210,300 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (6 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 2 | 205.555 SH CLIPPER FUND | $20,204 | 2014-09-16 |
| 3 | 6700 SH DYAX CORPORATION | $164,552 | 2015-05-01 |
| 4 | 20,000 SH DYAX CORP. STOCK | $529,700 | 2015-06-30 |
| 5 | 732.257 SH FIRST EAGLE VALUE FUND | $15,809 | 2014-09-16 |
| 6 | 168,528 SH HCC INSURANCE HOLDINGS STOCK | $13,068,504 | 2015-07-23 |
| 7 | 20,000 SH POZEN STOCK | $210,300 | 2015-06-30 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $7,935 | Amt |
| Net Investment Income | $3,967 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $3,968 | DisbursementsCharitablePrpsAmt |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NONE | Desc |
Depreciation Schedule DepreciationSchedule
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (8 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BERKSHIRE HATHAWAY | $1,124 | $8,560,000 |
| HANOVER FOODS CORP | $877,948 | $1,175,902 |
| AMERICAN TOWER CORP | $6,200 | $760,880 |
| POZEN INC | $110,115 | $336,400 |
| AD MAKEPEACE CO. | $6,750 | $6,000 |
| ADM HOLDINGS LLC | $6,750 | $6,000 |
| DYAX CORP | $40,001 | $246,100 |
| HCC INSURANCE | $78,620 | $4,014,480 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (10 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| THIRD AVENUE MUTUAL FUND | $25,074 | $128,268 |
| MUTUAL DISCOVERY FUND | $748,556 | $1,202,214 |
| TWEEDY BROWNE GLOBAL VALUE MUT | $539,385 | $751,782 |
| FIRST EAGLE SOGEN FDS INC | $1,264,786 | $1,682,073 |
| LONGLEAF PARTNERS INT'L FUND | $316,043 | $305,888 |
| OAKMARK INT'L SMALL CAP FUND | $309,055 | $343,821 |
| DODGE & COX INTERNATIONAL FUND | $162,300 | $233,143 |
| WINTERGREEN FUND | $109,041 | $176,200 |
| CLIPPER FUND | $9,552 | $21,918 |
| FIRST EAGLE US VALUE | $10,680 | $15,303 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| BENNETT RESTRUC FUND L.P. | $4,626,179 | $4,996,624 | $4,333,706 |
| OVERLOOK INVESTMENTS LIMITED | $2,109,892 | $2,356,258 | $3,319,134 |
| FIVE CORNERS PARTNERS L.P. | $2,417,303 | $2,630,239 | $2,949,154 |
| BENNETT SR. INCOME FUND L.P. | $1,450,558 | $1,526,495 | $1,432,269 |
| BRF HIGH VALUE L.P. | $1,704,283 | $1,951,662 | $1,585,307 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN ON CONTRIBUTION OF | $13,087,181 |
| SECURITIES | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK CHARGES | $907 | $907 | |
| FOREIGN TAXES | $12,488 | $12,488 | |
| PARTNERSHIP LOSS | $191,500 | $191,500 | |
| SUBSCRIPTIONS | $600 | $600 | |
| ANNUAL MEETING EXPENSE | $3,348 | $3,348 | |
| PENALTIES | $279 | ||
| SEC OF STATE NE | $20 | $20 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | MISCELLANEOUS INCOME | Desc |
| Revenue And Expenses Per Books | $2,500 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $2,500 | NetInvestmentIncomeAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Amt | $1,210 | Amt |
| Net Investment Income | $605 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $605 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL EXCISE TAX | CategoryTxt |
| Amt | $61,449 | Amt |
Comments