ADREANI FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
ADREANI FAMILY FOUNDATION (EIN 86-1089646)
Tax period
2012-12-01 to 2013-11-30
Filed
2014-04-11
IRS object ID
201441019349100704
Schema version
2012v2.0
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 ReturnHeader

FieldValueIRS element (for citing)
Timestamp2014-04-11T09:56:38-07:00Timestamp
Tax Period End Date2013-11-30TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1STEVEN J SHIFRIN CPABusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1830 KIMBALL RDAddressLine1
CityHIGHLAND PARKCity
StateILState
ZIP Code60035ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-12-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN861089646EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1Adreani Family FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlADRENameControl
Phone8476557700Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line17458 N Harlem AvenueAddressLine1
CityChicagoCity
StateILState
ZIP Code60631ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameBruce J AdreaniName
TitlePresidentTitle
Date Signed2014-04-11DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameSteven J ShifrinName
PTINP00110195PTIN
Phone8478046555Phone
Self EmployedXSelfEmployed
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2015-12-30 17:16:21ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY2362169FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Not Required To Attach Schedule BXNotRequiredToAttachScheduleB
Interest On Savings Rev And Expnss8InterestOnSavingsRevAndExpnss
Interest On Savings Net Invst Incm8InterestOnSavingsNetInvstIncm
Interest On Savings Adj Net Incm8InterestOnSavingsAdjNetIncm
Dividends Rev And Expnss48768DividendsRevAndExpnss
Dividends Net Invst Incm48768DividendsNetInvstIncm
Dividends Adj Net Incm48768DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss228304NetGainSaleAssetsRevAndExpnss
Gross Sales Price367470GrossSalesPrice
Capital Gain Net Incm Net Invst Incm228304CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses277080TotalRevenueAndExpenses
Total Net Investment Income277080TotalNetInvestmentIncome
Total Adjusted Net Income48776TotalAdjustedNetIncome
Accounting Fees Rev And Expnss2500AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm2000AccountingFeesNetInvstIncm
Accounting Fees Dsbrs Chrtbl Prps500AccountingFeesDsbrsChrtblPrps
Other Prof Fees Rev And Expnss10621OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm10621OtherProfFeesNetInvstIncm
Other Expenses Rev And Expnss3713OtherExpensesRevAndExpnss
Other Expenses Net Invst Incm3713OtherExpensesNetInvstIncm
Tot Opr Expenses Rev And Expnss16834TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm16334TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps500TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss123200ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps123200ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss140034TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm16334TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps123700TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses137046ExcessOfRevenueOverExpenses
Net Investment Income260746NetInvestmentIncome
Adjusted Net Income48776AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Cash BOY45450CashBOY
Cash EOY-31313CashEOY
Investments Corp Stock BOY1417094InvestmentsCorpStockBOY
Investments Corp Stock EOY1630903InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV2362169InvestmentsCorpStockEOYFMV
Total Assets BOY1462544TotalAssetsBOY
Total Assets EOY1599590TotalAssetsEOY
Total Assets EOYFMV2362169TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY1462544UnrestrictedBOY
Unrestricted EOY1599590UnrestrictedEOY
Total Net Assets BOY1462544TotalNetAssetsBOY
Total Net Assets EOY1599590TotalNetAssetsEOY
Total Liabilities Net Assets BOY1462544TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY1599590TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY1462544TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses137046ExcessOfRevenueOverExpenses
Subtotal1599590Subtotal
Total Net Assets Fund Balances EOY1599590TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income228304CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year171850QualifyingDistributionsYear1
Noncharitable Assets Year11925648NoncharitableAssetsYear1
Distribution Ratio Year10.03731DistributionRatioYear1
Qualifying Distributions Year286250QualifyingDistributionsYear2
Noncharitable Assets Year21820280NoncharitableAssetsYear2
Distribution Ratio Year20.04738DistributionRatioYear2
Qualifying Distributions Year3112143QualifyingDistributionsYear3
Noncharitable Assets Year31418439NoncharitableAssetsYear3
Distribution Ratio Year30.07906DistributionRatioYear3
Qualifying Distributions Year491333QualifyingDistributionsYear4
Noncharitable Assets Year41480485NoncharitableAssetsYear4
Distribution Ratio Year40.06169DistributionRatioYear4
Qualifying Distributions Year551570QualifyingDistributionsYear5
Noncharitable Assets Year51598545NoncharitableAssetsYear5
Distribution Ratio Year50.03226DistributionRatioYear5
Total Distribution Ratio0.25771TotalDistributionRatio
Average Distribution Ratio0.05154AverageDistributionRatio
Net Noncharitable Assets2172277NetNoncharitableAssets
Adjusted Noncharitable Assets111964AdjustedNoncharitableAssets
One Percent Net Investment Income2607OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One114571AdjNonchrtblAssetsAndOnePct
Qualifying Distributions123700QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax2607InvestmentIncomeExciseTax
Subtotal2607Subtotal
Tax Based On Investment Income2607TaxBasedOnInvestmentIncome
Est Tax Payments And Overpayment251EstTaxPaymentsAndOverpayment
Total Credits And Payments251TotalCreditsAndPayments
Form2220 AttachedXForm2220Attached
Tax Due2356TaxDue

Statements Regarding Activities StatementsRegardingActivities

FieldValueIRS element (for citing)
Legislative Political ActivitiesfalseLegislativePoliticalActivities
More Than100 SpentfalseMoreThan100Spent
Form1120 POL FiledfalseForm1120POLFiled
Activities Not Prev ReportedfalseActivitiesNotPrevReported
Changes To Articles Or BylawsfalseChangesToArticlesOrBylaws
Unrelated Bus Income Over1000falseUnrelatedBusIncomeOver1000
Form990 T FiledfalseForm990TFiled
Termination EtcfalseTerminationEtc
Requirements Of Sect508etrueRequirementsOfSect508e
At Least5000 In AssetstrueAtLeast5000InAssets
States Filed WithILStatesFiledWith
Form990 PF Filed With AGtrueForm990PFFiledWithAG
Private Operating FoundationfalsePrivateOperatingFoundation
New Substantial ContributorsfalseNewSubstantialContributors
Interest In Controlled EntityfalseInterestInControlledEntity
Applicable Insurance ContractfalseApplicableInsuranceContract
Comply With Public Inspection RqrtrueComplyWithPublicInspectionRqr
Website AddressN/AWebsiteAddress

Books In Care Of Business Name BooksInCareOfBusinessName

FieldValueIRS element (for citing)
Business Name Line1Adreani Family FoundationBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number8476557700BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line17458 N Harlem AvenueAddressLine1
CityChicagoCity
StateILState
ZIP Code606314404ZIPCode
FieldValueIRS element (for citing)
Foreign BankfalseForeignBank

Statements Regarding Acty4720 StatementsRegardingActy4720

FieldValueIRS element (for citing)
Sale Or Exchange With Dsqfly PersonfalseSaleOrExchangeWithDsqflyPerson
Borrow Or Lend With Dsqfly PersonfalseBorrowOrLendWithDsqflyPerson
Furnished Goods With Dsqfly PersonfalseFurnishedGoodsWithDsqflyPerson
Pay Compensation To Dsqfly PersonfalsePayCompensationToDsqflyPerson
Transfer Assets To Dsqfly PersonfalseTransferAssetsToDsqflyPerson
Payment To Government OfficalfalsePaymentToGovernmentOffical
Acts Fail To Qualify As ExceptionsfalseActsFailToQualifyAsExceptions
Uncorrected Prior ActsfalseUncorrectedPriorActs
Undistributed Income Prior YearsfalseUndistributedIncomePriorYears
Undistr Income4942a2 Not AppliedfalseUndistrIncome4942a2NotApplied
Business HoldingsfalseBusinessHoldings
Excess Business HoldingsfalseExcessBusinessHoldings
Jeopardy InvestmentsfalseJeopardyInvestments
Uncorrected Jeopardy InvestmentsfalseUncorrectedJeopardyInvestments
Influence LegislationfalseInfluenceLegislation
Influence ElectionfalseInfluenceElection
Grants To IndividualsfalseGrantsToIndividuals
Grants To OrganizationsfalseGrantsToOrganizations
Noncharitable PurposefalseNoncharitablePurpose
Tr Fail To Qualify As ExceptionsfalseTrFailToQualifyAsExceptions
Maint Expend ResponsibilityfalseMaintExpendResponsibility
Rcv Funds To Pay Prsnl Bnft ContractfalseRcvFundsToPayPrsnlBnftContract
Pay Premiums Prsnl Bnft ContractfalsePayPremiumsPrsnlBnftContract
Prohibited Tax Shelter TransactnfalseProhibitedTaxShelterTransactn
Proceeds Or Net IncomefalseProceedsOrNetIncome

Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo

Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (2 entries)

Address Line1USAddress/AddressLine1CityUSAddress/CityStateUSAddress/StateZIP CodeUSAddress/ZIPCodeTitleTitleAvg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPositionCompensationCompensation
Anne Marie Adreani
4211 Rutgers LnNorthbrookIL60062Vice President0.000
Bruce J Adreani
4501 Gulf Shore Blvd N1501NaplesFL341032765President0.000
FieldValueIRS element (for citing)
Comp Of Highest Paid Empl NONENONECompOfHighestPaidEmplNONE
Comp Of Hghst Paid Cntrct NONENONECompOfHghstPaidCntrctNONE

Minimum Investment Return MinimumInvestmentReturn

FieldValueIRS element (for citing)
Avg Monthly FMV Of Securities2158521AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances46836AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets2205357TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets2205357AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable33080CashDeemedCharitable
Net Noncharitable Assets2172277NetNoncharitableAssets
Minimum Investment Return108614MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return108614MinimumInvestmentReturn
Tax Based On Investment Income2607TaxBasedOnInvestmentIncome
Total Tax2607TotalTax
Distributable Amount Before Adj106007DistributableAmountBeforeAdj
Distributable Amount Before Ded106007DistributableAmountBeforeDed
Distributable Amount As Adjusted106007DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions123700ExpensesAndContributions
Qualifying Distributions123700QualifyingDistributions
One Pct Sect4940e Org Net Invst Incm2607OnePctSect4940eOrgNetInvstIncm
Adj Qualifying Distributions121093AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted106007DistributableAmountAsAdjusted
Undistributed Income Prior Year36917UndistributedIncomePriorYear
Qualifying Distributions123700QualifyingDistributions
Applied To Year136917AppliedToYear1
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year86783AppliedToCurrentYear
Undistributed Income CY19224UndistributedIncomeCY

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (42 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
St Francis de Sales Angel Fund
148 W Main StLake GenevaWI53147NonePublicGeneral Fund/Purpose$2,500
Special Gifts Theatre
PO Box 2231NorthbrookIL60062NonePublicGeneral Fund/Purpose$200
Save the Bays Association
PO Box 1593NaplesFL34106NonePublicGeneral Fund/Purpose$100
Providence St Mel School
119 S Central Park BlvdChicagoIL60624NonePublicGeneral Fund/Purpose$2,000
North Shore Foundation
1033 University PlaceEvanstonIL60201NonePublicGeneral Fund/Purpose$5,000
Musella Foundation
1100 Peninsula BlvdHewlettNY11557NonePublicGeneral Fund/Purpose$250
UW Whitewater Foundation Inc
800 W Main StWhitewaterWI53190NonePublicGeneral Fund/Purpose$2,500
Ulman Cancer Fund for Young Adults
921 E Fort Ave 325BaltimoreMD21230NonePublicGeneral Fund/Purpose$150
The Harold E Eisenberg Foundation
1780 Green Bay Road Suite 200Highland ParkIL60035NonePublicGeneral Fund/Purpose$1,000
The Colonial Williamsburg Foundatio
Po Box 1776WilliamsburgVA23187NonePublicGeneral Fund/Purpose$1,000
Make A Wish Foundation
PO Box 6062Albert LeaMN56007NonePublicGeneral Fund/Purpose$500
Joy Recovery Projects
1075 Hillcrest AveSt PaulMN55116NonePublicGeneral Fund/Purpose$250
Int'l Center of the Deafness and th
614 Anthony TrailNorthbrookIL60062NonePublicGeneral Fund/Purpose$1,000
Drive for Cure
c/o S Schneider 3751 Pebble BeachNorthbrookIL60062NonePublicGeneral Fund/Purpose$250
Delavan Christian Reformed Church
c/o JLumkes N4465 County Rd PDelevanWI53115NonePublicGeneral Fund/Purpose$5,000
Chicago Canine Rescue
5227 N Elston AveChicagoIL60630NonePublicGeneral Fund/Purpose$1,500
Back on my Feet Foundation
c/o B Obrien 1226 W Huron 102ChicagoIL60642NonePublicGeneral Fund/Purpose$250
American Brain Tumor Association
8550 W Bryn Mawr Suite 550ChicagoIL60631NonePublicGeneral Fund/Purpose$500
Water Safety Patrol
PO Box 548Williams BayWI53191NonePublicGeneral Fund/Use$4,500
Standing Tall Foundation
1100 N River RdDes PlainesIL60016NonePublicGeneral Use/Fund$2,500
St Norbert Catholic Church
1809 Walters AveNorthbrookIL60062NonePublicGeneral Use/Fund$1,000
St Johns Northwestern Military Academy
1101 N Genesee StDelafieldWI53018NonePublicGeneral Use/Fund$25,000
St Benedicts Church
137 Dewey AvenueFontanaWI53125NonePublicGeneral Use/Fund$1,000
Roosevelt University
430 S Michigan Ave Rm 814ChicagoIL60605NonePublicGeneral Use/Fund$5,000
North Suburban YMCA
2705 Techny RdNorthbrookIL60062NonePublicGeneral Use/Fund$12,500
National MS Society
PO Box 4527New YorkNY10163NonePublicGeneral Use/Fund$7,000
Marquette University
PO Box 1881MilwaukeeWI53201NonePublicGeneral Use/Fund$20,000
Lurie Childrens Foundation
225 E Chicago Ave 4ChicagoIL60610NonePublicGeneral Use/Fund$500
Lou Malnatis Cancer Benefit
3685 Woodhead DriveNorthbrookIL60062NonePublicGeneral Use/Fund$500
Keshet
617 Landwehr RdNorthbrookIL60062NonePublicGeneral Use/Fund$1,000
Geneva Lake Environmental Agency
350 Constance Blvd PO Box 914Williams BayWI53125NonePublicGeneral Use/Fund$1,000
Geneva Lake Conservancy
398 Mill St PO Box 599FontanaWI53125NonePublicGeneral Use/Fund$1,250
Geneva Lake Association
PO Box 412Lake GenevaWI53147NonePublicGeneral Use/Fund$1,000
Gathering Waters Conservancy
211 S Peterson St Suite 270MadisonWI53703NonePublicGeneral Use/Fund$1,000
Friends of Fontana EMS
PO Box 200FontanaWI53125NonePublicGeneral Use/Fund$2,000
Fontana Public Library
PO Box 200FontanaWI53125NonePublicGeneral Use/Fund$2,500
Fontana Park Commission
PO Box 200FontanaWI53125NonePublicGeneral Use/Fund$5,000
FontanaFireRescuePolice
PO Box 200FontanaWI53125NonePublicGeneral Use/Fund$1,000
Fontana Elementary School
450 Main StFontanaWI53125NonePublicGeneral Use/Fund$1,000
Fontana Chamber of Commerce
175 Valley View DrFontanaWI53125NonePublicGeneral Use/Fund$1,000
Environmental & Education Foundation
PO Box 244FontanaWI53125NonePublicGeneral Use/Fund$1,000
Chicago Botanic Garden
1000 Lake Cook RdGlencoeIL60022NonePublicGeneral Use/Fund$1,000
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year123200TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Int On Savings And Temp Cash Invst IntOnSavingsAndTempCashInvst

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Related Or Exempt Function Income8RelatedOrExemptFunctionIncome

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Exclusion Code14ExclusionCode
Related Or Exempt Function Income48768RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Related Or Exempt Function Income228304RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Related Or Exempt Function Income277080RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA277080TotalPartXVIA

Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO

FieldValueIRS element (for citing)
Trnsfr Of Cash To Noncharitable EOfalseTrnsfrOfCashToNoncharitableEO
Trnsfr Oth Assets Noncharitable EOfalseTrnsfrOthAssetsNoncharitableEO
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssets
Purchase Assets Noncharitable EOfalsePurchaseAssetsNoncharitableEO
Rental Of Facilities EtcfalseRentalOfFacilitiesEtc
Reimbursement ArrangementsfalseReimbursementArrangements
Loans Or Loan GuaranteesfalseLoansOrLoanGuarantees
Performance Of Services EtcfalsePerformanceOfServicesEtc
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtc
Relationships Noncharitable E OsfalseRelationshipsNoncharitableEOs

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
Amount$2,500Amount
Net Investment Income2000NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps500DisbursementsCharitablePrps

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corp Stock InvestmentsCorpStock

FieldValueIRS element (for citing)
Name Of StockCorporate Stock PortfolioNameOfStock
EOY Book Value1630903EOYBookValue
EOYFMV2362169EOYFMV

Other Expenses Schedule OtherExpensesSchedule

Other Expenses OtherExpenses (3 entries)

DescriptionDescriptionRevenue And Expenses Per BooksRevenueAndExpensesPerBooksNet Investment IncomeNetInvestmentIncome
Executive Assistant36583658
Bank Service Fees3030
Annual Report Fee-Illinois2525

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryInvestment Advisory FeesCategory
Amount$10,621Amount
Net Investment Income10621NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

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