2014-02-06T10:57:45-06:00 2013-03-31 FROST RUTTENBERG & ROTHBLATT PC 111 PFINGSTEN RD SUITE 300 DEERFIELD IL 600154981 990 2012-04-01 201060468 THREE CROWNS FOUNDATION F/K/A SWEDISH RETIREMENT FOUNDATION % DENNIS H TRAUTVETTER THRE 8473288700 2323 MCDANIEL AVENUE Suite EVANSTON IL 602012519 JAMES ELSASS 8472361111 2014-02-15 true 8472361111 2012 2015-11-30 17:44:51Z 2570692 false X N/A X 2005 IL THE FOUNDATION PROVIDES ADMINISTRATIVE ASSISTANCE, MANAGEMENT ADVICE, INVESTMENT ADVICE AND FINANCIAL ASSISTANCE TO THREE CROWNS PARK, A 501(C)3 0RGANIZATION PROVIDING LONG-TERM CARE TO THE ELDERLY. 8 8 3 0 332288 262002 0 0 638967 575519 270738 276804 1241993 1114325 7635 3695 0 0 408202 413613 0 0 0 59660 58052 475497 475360 766496 638965 11330247 12348520 50633 226735 11279614 12121785 THE FOUNDATION PROVIDES ADMINISTRATIVE ASSISTANCE, MANAGEMENT ADVICE, INVESTMENT ADVICE AND FINANCIAL ASSISTANCE TO THREE CROWNS PARK, A 501(C)3 ORGANIZATION PROVIDING LONG-TERM CARE TO THE ELDERLY. false false 3695 3695 SUPPORT FOR THREE CROWNS PARK, A RELATED ORGANIZATION 3695 true true false false false false false false false false false false false true false false true false false false false false false false false false false false true false false false false false false false false false false false false false true true true false false true 0 0 3 true false false false false false false false false false false X 8 8 false false false false false false false true true false false true true true true true true true true false IL X X DENNIS H TRAUTVETTER 8473288700 2323 MCDANIEL AVENUE EVANSTON IL 60201 JAMES ELSASS 1.0 1.0 X X 0 0 0 GLENN JOHNSON 1.0 1.0 X 0 0 0 BARBARA SCHLECK 1.0 1.0 X X 0 0 0 JANET GOELZ HOFFMAN 1.0 1.0 X 0 0 0 PRISCILLA ANDRE 1.0 1.0 X X 0 0 0 MATTHEW J TER MOLEN 1.0 1.0 X 0 0 0 FRANK BECKER 1.0 1.0 X 0 0 0 CRAIG JOHNSON 1.0 1.0 X 0 0 0 SUSAN MORSE 10.0 35.0 X X 146487 0 4638 DENNIS TRAUTVETTER 8.0 32.0 X 118730 0 3446 265217 0 8084 2 false true false 0 262002 262002 0 481951 481951 0 0 0 0 0 1549935 1456367 93568 93568 0 0 0 MANAGEMENT FEES 276804 276804 276804 1114325 276804 481951 0 3695 3695 0 0 146487 146487 0 210658 210658 10659 10659 18864 18864 26945 26945 0 0 14500 14500 0 0 15455 15455 0 0 5853 5853 0 0 0 146 146 0 0 0 0 0 0 COMPUTER SERVICES 1377 1377 FINANCIAL SERVICE FEES 318 318 PAYROLL SERVICE 1108 1108 BOARD EXPENSES 531 531 18764 18764 475360 3695 471665 0 X 59322 229159 0 0 0 0 0 0 0 0 0 0 6058985 6422525 0 0 0 1000 0 5166338 5694433 0 0 0 0 0 0 45602 1403 11330247 12348520 50633 53064 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 173671 50633 226735 X 11263286 12091575 16328 30210 0 0 11279614 12121785 11330247 12348520 X 638965 203206 X false true X true false X X X false false false THREE CROWNS PARK 362030089 09 true true true 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 CHARITABLE GIFT ANNUITIES 173671 173671 X X false false false false false false false false false SUSAN MORSE 146487 0 4638 151125 0 REVIEW OF THE FORM 990 PART VI, SECTION B, LINE 11 A DRAFT FORM 990 IS PROVIDED TO THE BOARD AT A BOARD MEETING AT WHICH THE FORM 990 IS REVIEWED. THE TAX RETURN IS FILED AFTER BOARD ACCEPTANCE AND APPROVAL. CONFLICT OF INTEREST POLICY PART VI, SECTION B, LINE 12C DIRECTORS ABSTAIN FROM VOTING ON ISSUES IN WHICH THERE IS A CONFLICT. DETERMINING COMPENSATION PART VI, SECTION B, LINE 15A & 15B ANNUAL SALARY INCREASES ARE MERIT BASED AND ARE COMPARED WITH INDUSTRY STANDARDS. MAKING FINANCIAL STATEMENT AND GOVERNING DOCS AVAILABLE TO THE PUBLIC PART VI, SECTION C, LINE 19 THEY ARE AVAILABLE UPON REQUEST. RECONCILIATION OF NET ASSETS PART XI,LINE 5 FOR THE 2012 TAX YEAR, THERE IS UNREALIZED GAIN IN THE AMOUNT OF $203,206. PRIOR PERIOD RESTATEMENT PART X, BALANCE SHEET, LINE 27 IN PRIOR YEARS THERE WERE NET-ASSETS IMPROPERLY CATEGORIZED AS PERMANENTLY RESTRICTED. THESE ASSETS WERE NOT RESTRICTED BY ORDER OF THE DONOR, BUT INSTEAD WERE DESIGNATED BY THE THREE CROWNS PARK FOUNDATION BOARD. FUNDS THAT ARE DESIGNATED BY A BOARD RESOLUTION ARE CONSIDERED UNRESTRICTED ASSETS. THE CLASSIFICATION ERROR HAS BEEN CORRECTED IN THE 2013 FINANCIAL STATEMENTS, WITH THE 2012 NET-ASSET BALANCES BEING RESTATED TO REFLECT THE PROPER CLASSIFICATION. BELOW ARE THE EFFECTS OF THE RECLASSIFICATION IN 2012: CORRECTED STATEMENT ORIGINAL STATEMENT BEGINNING BALANCE $470,490 $502,350 CHANGE IN PERPETUAL VALUE $14,054 $25,768 THREE CROWNS PARK 2323 MCDANIEL AVENUE EVANSTON IL 60201 362030089 L/T CARE FAC. IL 501(C)(3) 9 true true false true false false false false false false false false false false true true false true false false THREE CROWNS PARK A 363536 ACTUAL THREE CROWNS PARK C 249292 ACTUAL THREE CROWNS PARK N 0 N/A THREE CROWNS PARK O 275366 ACTUAL THREE CROWNS PARK Q 1403 ACTUAL