2014-11-13T17:11:53-06:00 2013-12-31 GRANT THORNTON LLP 175 W JACKSON BLVD STE 2000 CHICAGO IL 60604 990 2013-01-01 201030638 Mather Foundation % CAROL SUSSENBACH MATH 8474927500 1603 Orrington Avenue Suite 1800 Evanston IL 60201 MARY G LEARY Director, CEO 8474927500 2014-11-13 true Michelle L Weber P00556798 8474927500 2013 2015-11-30 17:44:51Z Mary G Leary 1603 Orrington Avenue Evanston IL 60201 127261961 false X www.matherlifeways.com X 2004 IL Mather Foundation serves as the parent entity for Mather LifeWays to hold, invest and preserve funds, which enhance the lives of older adults by creating ways to age well. 13 12 0 0 -146697 -204827 1881000 1816000 0 0 28035482 38538253 0 0 29916482 40354253 15653765 14535494 0 0 0 0 0 0 0 1880289 2085383 17534054 16620877 12382428 23733376 424294704 440004395 28498758 3176889 395795946 436827506 X Mather Foundation serves as the parent entity for the Mather LifeWays organization to hold, invest and preserve funds, which allows the organization to provide housing, health care, community programs, research and education and other services that enhance the lives of older adults by creating ways to age well. false false 14535494 14535494 0 Mather Foundation serves as the parent entity for the Mather LifeWays organization to hold, invest and preserve funds, which allows the organization to provide housing, health care, community programs, research and education and other services that enhance the lives of older adults by creating ways to age well. 14535494 true true false false false false false false false true false true false true true true false true false false true false false false false false false true false true false false false false false false false false false false false false false true true true false false true 0 0 0 true true false false false false false false false false false X 13 12 false false false false false false false true true false false true true true true true true false false false IL X CAROL SUSSENBACH 8474926760 1603 ORRINGTON AVENUE SUITE 1800 Evanston IL 60201 X Roger E Lumpp II Chairman 4.0 0.7 X 0 0 0 Mary G Leary Director, CEO 10.0 50.4 X X 0 1242148 396734 Timothy L Burke Director 2.0 0.0 X 0 0 0 Paulette R Dodson Director 2.0 0.0 X 0 0 0 Nancy Felton-Elkins Director 2.0 0.0 X 0 0 0 Mary Louise Gorno Director 2.0 0.0 X 0 0 0 Victoria J Herget Director 2.0 0.2 X 0 0 0 Dian Langenhorst Director 2.0 0.0 X 0 0 0 Michael G McGee Director 2.0 0.0 X 0 0 0 William H McLean Director 2.0 0.1 X 0 0 0 John R Phillips Director 2.0 0.3 X 0 0 0 Scott C Smith Director 2.0 0.0 X 0 0 0 Richard P Toft Director, Term Ended 3/13 2.0 0.0 X 0 0 0 Terrence J Toth Director 2.0 0.0 X 0 0 0 Carol Sussenbach Treasurer 15.0 35.4 X 0 417517 180113 Julie Riggs Secretary 0.1 49.9 X 0 95900 38292 0 1755565 615139 0 false true false Summit Strategies Inc 8182 Maryland Avenue 6th Floor ST LOUIS MO 63155 Consultant 346269 Sands Capital Management LLC PO Box 1821 MERRIFIELD VA 22116 Fund Manager 296358 Silchester 780 Third Avenue NEW YORK NY 10017 Fund Manager 152404 Gryphon International Investment Co 20 BAY STREET SUITE 1905 TORONTO ONTARIO CA MSJ 2N8 Fund Manager 145223 Northern Trust 50 S Lasalle Street CHICAGO IL 60603 Consultant 127353 7 1816000 1816000 0 9423666 -146697 9570363 0 0 0 0 0 116022295 86907708 29114587 29114587 29114587 0 0 0 0 40354253 -146697 38684950 14535494 14535494 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1525752 1525752 0 0 706 706 0 0 0 0 0 0 916 916 0 0 0 CORPORATE SERVICES 523764 523764 UBI TAXES 34245 34245 16620877 14535494 2085383 0 0 0 4085488 4881716 0 0 0 0 0 0 0 0 39695230 13559439 0 0 0 0 0 184245869 196179835 156510270 181586836 0 0 0 0 39757847 43796569 424294704 440004395 291261 176889 0 0 0 0 0 0 0 0 0 0 28207497 0 0 0 0 3000000 28498758 3176889 X 356445120 393419371 0 0 39350826 43408135 395795946 436827506 424294704 440004395 23733376 17298184 X false true X true false X X X false false false THE MATHER 205860808 09 true true true 0 MATHER HEALTH CARE INC 363776145 09 true true true 0 MATHER INVESTMENTS NFP 364266878 09 true true true 0 MATHER POSSIBILITES 362856851 09 true true true 0 4 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 39350826 6003584 1816000 130275 43408135 37852142 3486055 1881000 106371 39350826 39703186 71933 1811152 111825 37852142 38160853 0 3441431 0 1702246 196852 39703186 34730413 0 5661126 0 2021261 209425 38160853 1.00000 true false HEDGE FUNDS 68112413 F VENTURE CAPITAL 68034534 F REAL ESTATE 45439889 F 181586836 BENEFICIAL INT-PERPETUAL TRUST 43408135 INTEREST RECEIVABLE 388434 43796569 0 THE MATHER - LINE OF CREDIT 3000000 3000000 X Form 990, Schedule D, Part V, Line 4 Uses of the Organization's Endowment Funds To provide services for older adults. Form 990, Schedule D, Part X, Line 2 Liability for Uncertain Tax Positions Mather LifeWays; Mather Foundation; Mather Healthcare, Inc.; Mather Investments, NFP; Mather Possibilities; and The Mather 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, as amended, except for income taxes pertaining to unrelated business income. The Financial Accounting Standards Board issued guidance that requires tax effects from uncertain tax positions to be recognized in the consolidated 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 there are no material uncertain positions that require recognition in the consolidated financial statements. Additionally, no provision for incomes taxes is reflected in these consolidated financial statements. The calendar years ending 2010, 2011, 2012 and 2013 are open to audit for federal income tax purposes. The entities of Mather LifeWays file tax returns in certain states; however, they do not file in every state. For all states where the entities have not filed a state return, all tax years remain open. Central America and the Caribbean Investments 63041357 Europe (Including Iceland and Greenland) Investments 3164176 66205533 66205533 true false true true true false true Mather Lifeways 1603 Orrington Avenue Evanston IL 60201 362233542 501(c)(3) 14535494 Mission Driven Prog. 1 Form 990, Schedule I, Part I, Line 2 Procedure for Monitoring Use of Grant Funds Inside U.S. Supervision through parent organization's role. false true false false false false false false false Mary G Leary Director, CEO 0 584976 0 636305 0 20867 0 366826 0 29908 0 1638882 0 305381 Carol Sussenbach Treasurer 0 239828 0 145165 0 32524 0 153992 0 26121 0 597630 0 48393 Form 990, Schedule J, Part I, Line 3 Top Management's Compensation Mather Foundation's top management's compensation is established by Mather LifeWays, as the compensation is paid by Mather LifeWays (a related organization). Mather LifeWays follows procedures to establish the "rebuttable" presumption of reasonableness described in the Income Tax Regulations in determining executive compensation. Compensation is reviewed annually by the Board's Compensation Committee, which consists of independent directors who obtain and rely on appropriate data as to comparability. Objective evidence of reasonableness and comparability is obtained from information provided by an independent, third party compensation consultant. Determination of executive compensation involves benchmarking with comparative market compensation data to ensure that compensation is fair, equitable, and within the standards of compensation utilized within the industry. Compensation decisions are documented and reviewed with the full Board. Form 990, Schedule J, Part I, Line 4B Supplemental nonqualified retirement plan Mary G. Leary and Carol Sussenbach are participants in Mather LifeWays' 457(f) plans. Distributions of $133,691 and $9,313, respectively, were paid out in 2013. Form 990, Part VI, Line 11b Form 990 Review Process The Form 990, including schedules, was distributed to the members of the Mather Foundation Audit Committee of the Board of Directors. The committee met with management and reviewed the Form 990. Subsequently, the Form 990 was distributed to each director. All comments and questions were directed to the organization's Chief Financial Officer. Form 990, Part VI, Line 12c Conflict of Interest Policy Monitoring & Enforcement Annually all board members, officers and senior staff must disclose any interests that could give rise to conflicts. Any actual, potential, or apparent conflicts are referred to the CEO and President, the Board Chair and Chair of the Governance Committee, who take appropriate action, including discussing with the full board, when necessary. Form 990, Part VI, Line 15a Process for Determining Compensation All compensation for officers/directors/key employees is paid by a related organization, Mather Lifeways. Mather Foundation relied on Mather Lifeways to review this information for all compensation paid. Form 990, Part VI, Line 19 How Documents are Made Available to the Public The organization's articles of incorporation, bylaws, conflict of interest policy, and audited financial statements are available upon request. Mather LifeWays 1603 Orrington Ave Suite 1800 Evanston IL 60201 362233542 Older Adult IL 501(c)(3) 11-Type II Mather Fdn true Mather Health Care Inc 1603 Orrington Ave Suite 1800 Evanston IL 60201 363776145 Health Care IL 501(c)(3) 09 Mather Life false Mather Investments NFP 1603 Orrington Ave Suite 1800 Evanston IL 60201 364266878 Senior Living IL 501(c)(3) 09 Mather Life false Mather Possibilities 1603 Orrington Ave Suite 1800 Evanston IL 60201 362856851 Older Adult IL 501(c)(3) 09 Mather Life false The Mather 1603 Orrington Ave Suite 1800 Evanston IL 60201 205860808 Senior Living IL 501(c)(3) 09 Mather Life false Alonzo Mather Foundation 727 North Bank Lane Lake Forest IL 60045 366015440 Grants IL 501(c)(3) PF NA false Alonzo Clark Mather Trust 231 S Lasalle Street Chicago IL 60697 366010112 Grants IL 501(c)(3) PF NA false true true true true true false false false false false false false false false false true false false false Mather LifeWays a 821717 Cost Mather LifeWays b 14535494 Cost Mather LifeWays d 5676737 Cost Mather LifeWays p 2048436 Cost Mather LifeWays p 523764 Cost