BLANE FOUNDATION: Form 990PF, tax year 2015

View the entire original 990 at ProPublica ↗

Organization
BLANE FOUNDATION (EIN 36-4153045)
Tax period
2015-01-01 to 2015-12-31
Filed
2016-07-05
IRS object ID
201601879349100705
Schema version
2015v2.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2016-07-05T14:12:04-05:00ReturnTs
Tax Period End2015-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN362663249PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1WEISS & COMPANY LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line12700 PATRIOT BOULEVARD - SUITE 400AddressLine1Txt
CityGLENVIEWCityNm
State AbbreviationILStateAbbreviationCd
ZIP60026ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2015-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364153045EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BLANE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlBLANBusinessNameControlTxt
Phone8474326816PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12750 RIDGE ROADAddressLine1Txt
CityHIGHLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJACK BLANEPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone8474326816PhoneNum
Signature2016-06-17SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonLAWRENCE J SEXAUERPreparerPersonNm
PTINP00357844PTIN
Phone8474418800PhoneNum
FieldValueIRS element (for citing)
Tax2015TaxYr
Build TS2016-09-27 15:27:22ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$118,908FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$2,876DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,876DividendsNetInvstIncmAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss$2,876TotalRevAndExpnssAmt
Total Net Invst Incm$2,876TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss$0CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm$0CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl$0CompOfcrDirTrstDsbrsChrtblAmt
Accounting Fees Rev And Expnss$1,600AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$800AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$800AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$25TaxesRevAndExpnssAmt
Taxes Net Invst Incm$0TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl$25TaxesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$1,625TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$800TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$825TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$26,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$26,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$27,625TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$800TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$26,825TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$24,749ExcessRevenueOverExpensesAmt
Net Investment Income$2,076NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$12,299SavAndTempCashInvstBOYAmt
Corporate Stock BOY$64,996CorporateStockBOYAmt
Corporate Stock EOY$64,993CorporateStockEOYAmt
Corporate Stock EOYFMV$118,908CorporateStockEOYFMVAmt
Total Assets BOY$77,295TotalAssetsBOYAmt
Total Assets EOY$64,993TotalAssetsEOYAmt
Total Assets EOYFMV$118,908TotalAssetsEOYFMVAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$12,447OtherLiabilitiesEOYAmt
Total Liabilities BOY$0TotalLiabilitiesBOYAmt
Total Liabilities EOY$12,447TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Capital Stock BOY$0CapitalStockBOYAmt
Capital Stock EOY$0CapitalStockEOYAmt
Additional Paid In Capital BOY$0AdditionalPaidInCapitalBOYAmt
Additional Paid In Capital EOY$0AdditionalPaidInCapitalEOYAmt
Retained Earning BOY$77,295RetainedEarningBOYAmt
Retained Earning EOY$52,546RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$77,295TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$52,546TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$77,295TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$64,993TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$77,295TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$24,749ExcessRevenueOverExpensesAmt
Other Increases$0OtherIncreasesAmt
Subtotal$52,546SubtotalAmt
Other Decreases$0OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$52,546TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 Tax0LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$24,353AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$143,351NetVlNoncharitableAssetsYr1Amt
Distribution Yr10.169884DistributionYr1Rt
Adjusted Qlfy Distri Yr2$24,328AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$139,759NetVlNoncharitableAssetsYr2Amt
Distribution Yr20.174071DistributionYr2Rt
Adjusted Qlfy Distri Yr3$30,050AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$147,576NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.203624DistributionYr3Rt
Adjusted Qlfy Distri Yr4$101,343AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$177,833NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.569877DistributionYr4Rt
Adjusted Qlfy Distri Yr5$42,953AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$168,736NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.254557DistributionYr5Rt
Total Distribution1.372013TotalDistributionRt
Average Distribution0.274403AverageDistributionRt
Net Vl Noncharitable Assets$122,614NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$33,646AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct$21NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct$33,667AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$26,825QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$42InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$42SubtotalAmt
Subtitle A Tax$0SubtitleATaxAmt
Tax Based On Investment Income$42TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$172EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$172TotalPaymentsAndCreditsAmt
Overpayment$130OverpaymentAmt
Applied To ES Tax$130AppliedToESTaxAmt
Refund$0RefundAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political Acty0LegislativePoliticalActyInd
More Than100 Spent0MoreThan100SpentInd
Form1120 POL Filed0Form1120POLFiledInd
Section4955 Organization Tax$0Section4955OrganizationTaxAmt
Section4955 Managers Tax$0Section4955ManagersTaxAmt
Tax Reimbursed$0TaxReimbursedAmt
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws0ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (1)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (1)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (1)Form990PFFiledWithAttyGenInd
Private Operating Foundation0PrivateOperatingFoundationInd
New Substantial Contributors0NewSubstantialContributorsInd
Own Controlled Entity0OwnControlledEntityInd
Donor Advised Fund0DonorAdvisedFundInd
Comply With Public Insp RqrYes (1)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksJACK BLANEIndividualWithBooksNm
Phone8474326816PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line12750 RIDGE RDAddressLine1Txt
CityHIGHLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts Question0ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified Prsn0SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn0BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn0FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn0PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn0TransferAstDisqualifiedPrsnInd
Payment To Government Official0PaymentToGovernmentOfficialInd
Uncorrected Prior Acts0UncorrectedPriorActsInd
Undistributed Income PY0UndistributedIncomePYInd
Business Holdings0BusinessHoldingsInd
Jeopardy Investments0JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst0UncorrectedPYJeopardyInvstInd
Influence Legislation0InfluenceLegislationInd
Influence Election0InfluenceElectionInd
Grants To Individuals0GrantsToIndividualsInd
Grants To Organizations0GrantsToOrganizationsInd
Noncharitable Purpose0NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct0RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct0PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
JACK BLANE
2750 RIDGE ROADHIGHLAND PARKIL60035PRESIDENT0.50$0$0$0
BARBARA B TONEY
2750 RIDGE ROADHIGHLAND PARKIL60035SECRETARY0.00$0$0$0
JOHN R BLANE
2750 RIDGE ROADHIGHLAND PARKIL60035TREASURER0.00$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

FieldValueIRS element (for citing)
Total$0TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$124,481AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$0AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$124,481TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Acquisition Indebtedness$0AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast$124,481AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,867CashDeemedCharitableAmt
Net Vl Noncharitable Assets$122,614NetVlNoncharitableAssetsAmt
Minimum Investment Return$6,131MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$6,131MinimumInvestmentReturnAmt
Tax Based On Investment Income$42TaxBasedOnInvestmentIncomeAmt
Total Tax$42TotalTaxAmt
Distributable Before Adj$6,089DistributableBeforeAdjAmt
Recoveries Qualfied Distri$0RecoveriesQualfiedDistriAmt
Distributable Before Ded$6,089DistributableBeforeDedAmt
Deduction From Distributable$0DeductionFromDistributableAmt
Distributable As Adjusted$6,089DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$26,825ExpensesAndContributionsAmt
Program Related Invst Total$0ProgramRelatedInvstTotalAmt
Qualifying Distributions$26,825QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm$0PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri$26,825AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$6,089DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Total For Prior Years$0TotalForPriorYearsAmt
Excess Distribution Cyov Yr5$34,540ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$92,495ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$23,204ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$17,694ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$17,219ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$185,152TotalExcessDistributionCyovAmt
Qualifying Distributions$26,825QualifyingDistributionsAmt
Applied To Year1$0AppliedToYear1Amt
Applied To Prior Years$0AppliedToPriorYearsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$6,089AppliedToCurrentYearAmt
Remaining Distri From Corpus$20,736RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus$0ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$0ExcessDistributionCyovAppCYAmt
Total Corpus$205,888TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Prior Year Deficiency Or Tax$0PriorYearDeficiencyOrTaxAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$0UndistributedIncomeCYAmt
Corpus Distri170b1 E Or4942g3$0CorpusDistri170b1EOr4942g3Amt
Excess Distri Cyov From Yr5$34,540ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$171,348ExcessDistriCyovToNextYrAmt
Excess From Year4$92,495ExcessFromYear4Amt
Excess From Year3$23,204ExcessFromYear3Amt
Excess From Year2$17,694ExcessFromYear2Amt
Excess From Year1$17,219ExcessFromYear1Amt
Excess From Current Year$20,736ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
GARY SINISE FOUNDATION
PO BOX 50008STUDIO CITYCA91614NONEPROGRAM SUPPORT$5,000
HIGHLAND PARK COMMUNITY FOUNDATION
610 LAUREL AVENUEHIGHLAND PARKIL60035NONEPROGRAM SUPPORT$1,000
MALALA FUND
PO BOX 53347WASHINGTONDC20009NONEPROGRAM SUPPORT$5,000
RAGS OF HONOR
3435 N KIMBALL AVENUECHICAGOIL60618NONEPROGRAM SUPPORT$5,000
RAVINIA FESTIVAL ASSOCIATION
418 SHERIDAN ROADHIGHLAND PARKIL60035NONEPROGRAM SUPPORT$4,000
RENEW PROJECT
483 N MAIN STREETGLEN ELLYNIL60137NONEGENERAL SUPPORT$5,000
THE ROTARY FOUNDATION
1560 SHERMAN AVENUEEVANSTONIL60201NONEPROGRAM SUPPORT$1,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$26,000TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut$0TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,876ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Unrelated Business Taxbl Incm$0UnrelatedBusinessTaxblIncmAmt
Exclusion$2,876ExclusionAmt
Related Or Exempt Function Incm$0RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,876TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO0TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO0TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets0SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO0PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets0RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements0ReimbursementArrangementsInd
Loans Or Loan Guarantees0LoansOrLoanGuaranteesInd
Performance Of Services Etc0PerformanceOfServicesEtcInd
Sharing Of Facilities Etc0SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO0RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$1,600Amt
Net Investment Income$800NetInvestmentIncomeAmt
Disbursements Charitable Prps$800DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
StockINVESTMENTSStockNm
EOY Book Value$64,993EOYBookValueAmt
EOYFMV$118,908EOYFMVAmt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

FieldValueIRS element (for citing)
DescCASH DEFICITDesc
BOY Book Value$0BOYBookValueAmt
EOY Book Value$12,447EOYBookValueAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryBUSINESS REGISTRATION FEECategoryTxt
Amt$25Amt
Net Investment Income$0NetInvestmentIncomeAmt
Disbursements Charitable Prps$25DisbursementsCharitablePrpsAmt

Comments

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