POLSKY FOUNDATION: Form 990PF, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- POLSKY FOUNDATION (EIN 65-1164639)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-05-15
- IRS object ID
- 201301359349100340
- Schema version
- 2012v2.1
- 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
- Form 990-PF
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Substantial Contributors Sch
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-05-15T09:56:04-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 381357951 | EIN |
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 651164639 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE POLSKY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | POLS | NameControl |
| Phone | 3125821405 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE SOUTH WACKER DRIVE SUITE 1900 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MICHAEL POLSKY | Name |
| Title | PRESIDENT AND DIRECTOR | Title |
| Phone | 3125821405 | Phone |
| Date Signed | 2013-05-07 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | NORA STAPLETON | Name |
| PTIN | P00081812 | PTIN |
| Phone | 3122071040 | Phone |
| Date Prepared | 2013-05-07 | DatePrepared |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-03-07 17:11:31Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exempt PF | X | ExemptPF |
| FMV Assets EOY | 283096 | FMVAssetsEOY |
| Method Of Accounting Cash | X | MethodOfAccountingCash |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Not Required To Attach Schedule B | X | NotRequiredToAttachScheduleB |
| Dividends Rev And Expnss | 7191 | DividendsRevAndExpnss |
| Dividends Net Invst Incm | 7191 | DividendsNetInvstIncm |
| Net Gain Sale Assets Rev And Expnss | 63162 | NetGainSaleAssetsRevAndExpnss |
| Gross Sales Price | 239429 | GrossSalesPrice |
| Capital Gain Net Incm Net Invst Incm | 63162 | CapitalGainNetIncmNetInvstIncm |
| Total Revenue And Expenses | 70353 | TotalRevenueAndExpenses |
| Total Net Investment Income | 70353 | TotalNetInvestmentIncome |
| Comp Ofcr Dir Trst Rev And Expnss | 0 | CompOfcrDirTrstRevAndExpnss |
| Comp Ofcr Dir Trst Net Invst Incm | 0 | CompOfcrDirTrstNetInvstIncm |
| Comp Ofcr Dir Trst Dsbrs Chrtbl Prps | 0 | CompOfcrDirTrstDsbrsChrtblPrps |
| Accounting Fees Rev And Expnss | 1956 | AccountingFeesRevAndExpnss |
| Accounting Fees Net Invst Incm | 0 | AccountingFeesNetInvstIncm |
| Accounting Fees Dsbrs Chrtbl Prps | 0 | AccountingFeesDsbrsChrtblPrps |
| Other Prof Fees Rev And Expnss | 770 | OtherProfFeesRevAndExpnss |
| Other Prof Fees Net Invst Incm | 0 | OtherProfFeesNetInvstIncm |
| Other Prof Fees Dsbrs Chrtbl Prps | 0 | OtherProfFeesDsbrsChrtblPrps |
| Taxes Rev And Expnss | 567 | TaxesRevAndExpnss |
| Taxes Net Invst Incm | 0 | TaxesNetInvstIncm |
| Taxes Dsbrs Chrtbl Prps | 0 | TaxesDsbrsChrtblPrps |
| Other Expenses Rev And Expnss | 58 | OtherExpensesRevAndExpnss |
| Other Expenses Net Invst Incm | 0 | OtherExpensesNetInvstIncm |
| Other Expenses Dsbrs Chrtbl Prps | 0 | OtherExpensesDsbrsChrtblPrps |
| Tot Opr Expenses Rev And Expnss | 3351 | TotOprExpensesRevAndExpnss |
| Tot Opr Expenses Net Invst Incm | 0 | TotOprExpensesNetInvstIncm |
| Tot Opr Expenses Dsbrs Chrtbl Prps | 0 | TotOprExpensesDsbrsChrtblPrps |
| Contri Gifts Paid Rev And Expnss | 245000 | ContriGiftsPaidRevAndExpnss |
| Contri Gifts Paid Dsbrs Chrtbl Prps | 245000 | ContriGiftsPaidDsbrsChrtblPrps |
| Total Expenses Rev And Expnss | 248351 | TotalExpensesRevAndExpnss |
| Total Expenses Net Invst Incm | 0 | TotalExpensesNetInvstIncm |
| Total Expenses Dsbrs Chrtbl Prps | 245000 | TotalExpensesDsbrsChrtblPrps |
| Excess Of Revenue Over Expenses | -177998 | ExcessOfRevenueOverExpenses |
| Net Investment Income | 70353 | NetInvestmentIncome |
Balance Sheets BalanceSheets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | 5786 | CashBOY |
| Cash EOY | 2435 | CashEOY |
| Cash EOYFMV | 2435 | CashEOYFMV |
| Savings And Temp Cash Invst BOY | 6260 | SavingsAndTempCashInvstBOY |
| Savings And Temp Cash Invst EOY | 7880 | SavingsAndTempCashInvstEOY |
| Savings And Temp Cash Invst EOYFMV | 7880 | SavingsAndTempCashInvstEOYFMV |
| Investments Corp Stock BOY | 361478 | InvestmentsCorpStockBOY |
| Investments Corp Stock EOY | 185211 | InvestmentsCorpStockEOY |
| Investments Corp Stock EOYFMV | 272781 | InvestmentsCorpStockEOYFMV |
| Total Assets BOY | 373524 | TotalAssetsBOY |
| Total Assets EOY | 195526 | TotalAssetsEOY |
| Total Assets EOYFMV | 283096 | TotalAssetsEOYFMV |
| Total Liabilities BOY | 0 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 0 | TotalLiabilitiesEOY |
| Org That Do Not Follow SFAS117 | X | OrgThatDoNotFollowSFAS117 |
| Capital Stock BOY | 0 | CapitalStockBOY |
| Capital Stock EOY | 0 | CapitalStockEOY |
| Paid In Or Capital Surplus BOY | 0 | PaidInOrCapitalSurplusBOY |
| Paid In Or Capital Surplus EOY | 0 | PaidInOrCapitalSurplusEOY |
| Retained Earnings BOY | 373524 | RetainedEarningsBOY |
| Retained Earnings EOY | 195526 | RetainedEarningsEOY |
| Total Net Assets BOY | 373524 | TotalNetAssetsBOY |
| Total Net Assets EOY | 195526 | TotalNetAssetsEOY |
| Total Liabilities Net Assets BOY | 373524 | TotalLiabilitiesNetAssetsBOY |
| Total Liabilities Net Assets EOY | 195526 | TotalLiabilitiesNetAssetsEOY |
Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Net Assets Fund Balances BOY | 373524 | TotalNetAssetsFundBalancesBOY |
| Excess Of Revenue Over Expenses | -177998 | ExcessOfRevenueOverExpenses |
| Other Increases | 0 | OtherIncreases |
| Subtotal | 195526 | Subtotal |
| Other Decreases | 0 | OtherDecreases |
| Total Net Assets Fund Balances EOY | 195526 | TotalNetAssetsFundBalancesEOY |
Capital Gains And Losses CapitalGainsAndLosses
Capital Gains And Losses Info CapitalGainsAndLossesInfo (18 entries)
| Description Of AssetDescriptionOfAsset | How AcquiredHowAcquired | Date AcquiredDateAcquired | Date SoldDateSold | Gross Sales PriceGrossSalesPrice | Cost Or Other BasisCostOrOtherBasis | Gain Or LossGainOrLoss | Gains Minus Excess Or LossesGainsMinusExcessOrLosses |
|---|---|---|---|---|---|---|---|
| ISHARES TR MSCI EAFE IDX | P | 2003-07-23 | 2012-06-22 | 2527 | 2025 | 502 | 502 |
| RUSS 2000 INDEX SMALL CAP ETF | P | 2003-06-03 | 2012-06-22 | 7582 | 4414 | 3168 | 3168 |
| SPDR S&P 500 ETF TRUST | P | 2003-05-22 | 2012-06-22 | 19160 | 13606 | 5554 | 5554 |
| SPDR S&P MIDCAP 400 ETUTSER1 S&P DCRP | P | 2003-06-24 | 2012-06-22 | 4844 | 2615 | 2229 | 2229 |
| ISHARES TR MSCI EAFE IDX | P | 2004-02-06 | 2012-08-23 | 4399 | 3972 | 427 | 427 |
| ISHARES TR MSCI EAFE IDX | P | 2003-07-23 | 2012-08-23 | 5951 | 4234 | 1717 | 1717 |
| RUSS 2000 INDEX SMALL CAP ETF | P | 2003-06-24 | 2012-08-23 | 800 | 436 | 364 | 364 |
| RUSS 2000 INDEX SMALL CAP ETF | P | 2003-06-11 | 2012-08-23 | 15999 | 8975 | 7024 | 7024 |
| RUSS 2000 INDEX SMALL CAP ETF | P | 2003-06-03 | 2012-08-23 | 7999 | 4414 | 3585 | 3585 |
| SPDR S&P 500 ETF TRUST | P | 2003-06-11 | 2012-08-23 | 23755 | 16866 | 6889 | 6889 |
| SPDR S&P 500 ETF TRUST | P | 2003-06-03 | 2012-08-23 | 13974 | 9724 | 4250 | 4250 |
| SPDR S&P 500 ETF TRUST | P | 2003-05-27 | 2012-08-23 | 19563 | 13316 | 6247 | 6247 |
| SPDR S&P 500 ETF TRUST | P | 2003-05-22 | 2012-08-23 | 2096 | 1408 | 688 | 688 |
| SPDR S&P MIDCAP 400 ETUTSER1 S&P DCRP | P | 2004-02-06 | 2012-08-23 | 875 | 544 | 331 | 331 |
| SPDR S&P MIDCAP 400 ETUTSER1 S&P DCRP | P | 2003-07-23 | 2012-08-23 | 7002 | 3615 | 3387 | 3387 |
| SPDR S&P MIDCAP 400 ETUTSER1 S&P DCRP | P | 2003-06-24 | 2012-08-23 | 12253 | 6103 | 6150 | 6150 |
| BARCLAYS BANK BUFFERED PLUS ISHARES MSCIEMER MKTS | P | 2010-08-25 | 2012-08-29 | 35300 | 35000 | 300 | 300 |
| JPMORGAN BUFFERED PLUS S&P 500 | P | 2010-08-25 | 2012-08-29 | 55350 | 45000 | 10350 | 10350 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | 63162 | CapitalGainNetIncome |
Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable For4942 Tax | 0 | LiableFor4942Tax |
| Qualifying Distributions Year1 | 294461 | QualifyingDistributionsYear1 |
| Noncharitable Assets Year1 | 678982 | NoncharitableAssetsYear1 |
| Distribution Ratio Year1 | 0.433680 | DistributionRatioYear1 |
| Qualifying Distributions Year2 | 31648 | QualifyingDistributionsYear2 |
| Noncharitable Assets Year2 | 738226 | NoncharitableAssetsYear2 |
| Distribution Ratio Year2 | 0.042870 | DistributionRatioYear2 |
| Qualifying Distributions Year3 | 8000 | QualifyingDistributionsYear3 |
| Noncharitable Assets Year3 | 649543 | NoncharitableAssetsYear3 |
| Distribution Ratio Year3 | 0.012316 | DistributionRatioYear3 |
| Qualifying Distributions Year4 | 71758 | QualifyingDistributionsYear4 |
| Noncharitable Assets Year4 | 802749 | NoncharitableAssetsYear4 |
| Distribution Ratio Year4 | 0.089390 | DistributionRatioYear4 |
| Qualifying Distributions Year5 | 47039 | QualifyingDistributionsYear5 |
| Noncharitable Assets Year5 | 971174 | NoncharitableAssetsYear5 |
| Distribution Ratio Year5 | 0.048435 | DistributionRatioYear5 |
| Total Distribution Ratio | 0.626691 | TotalDistributionRatio |
| Average Distribution Ratio | 0.125338 | AverageDistributionRatio |
| Net Noncharitable Assets | 404309 | NetNoncharitableAssets |
| Adjusted Noncharitable Assets | 50675 | AdjustedNoncharitableAssets |
| One Percent Net Investment Income | 704 | OnePercentNetInvestmentIncome |
| Adj Nonchrtbl Assets And One | 51379 | AdjNonchrtblAssetsAndOnePct |
| Qualifying Distributions | 245000 | QualifyingDistributions |
Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | X | DomesticOrgMeetingSect4940e |
| Investment Income Excise Tax | 704 | InvestmentIncomeExciseTax |
| Tax Under Section511 | 0 | TaxUnderSection511 |
| Subtotal | 704 | Subtotal |
| Subtitle A Tax | 0 | SubtitleATax |
| Tax Based On Investment Income | 704 | TaxBasedOnInvestmentIncome |
| Total Credits And Payments | 0 | TotalCreditsAndPayments |
| Form2220 Attached | X | Form2220Attached |
| Penalty For Underpayment | 12 | PenaltyForUnderpayment |
| Tax Due | 716 | TaxDue |
Statements Regarding Activities StatementsRegardingActivities
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Activities | 0 | LegislativePoliticalActivities |
| More Than100 Spent | 0 | MoreThan100Spent |
| Form1120 POL Filed | 0 | Form1120POLFiled |
| Sect4955 Tax On Organization | 0 | Sect4955TaxOnOrganization |
| Sect4955 Tax On Managers | 0 | Sect4955TaxOnManagers |
| Reimbursement Of Tax | 0 | ReimbursementOfTax |
| Activities Not Prev Reported | 0 | ActivitiesNotPrevReported |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylaws |
| Unrelated Bus Income Over1000 | 0 | UnrelatedBusIncomeOver1000 |
| Termination Etc | 0 | TerminationEtc |
| Requirements Of Sect508e | 1 | RequirementsOfSect508e |
| At Least5000 In Assets | 1 | AtLeast5000InAssets |
| States Filed With | IL | StatesFiledWith |
| Form990 PF Filed With AG | 1 | Form990PFFiledWithAG |
| Private Operating Foundation | 0 | PrivateOperatingFoundation |
| New Substantial Contributors | 1 | NewSubstantialContributors |
| Interest In Controlled Entity | 0 | InterestInControlledEntity |
| Applicable Insurance Contract | 0 | ApplicableInsuranceContract |
| Comply With Public Inspection Rqr | 1 | ComplyWithPublicInspectionRqr |
| Website Address | N/A | WebsiteAddress |
| Books In Care Of Person Name | MICHAEL P POLSKY | BooksInCareOfPersonName |
| Books In Care Of Phone Number | 3125821402 | BooksInCareOfPhoneNumber |
Books In Care Of US Address BooksInCareOfUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE SOUTH WACKER DRIVE SUITE 1900 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Bank | 0 | ForeignBank |
Statements Regarding Acty4720 StatementsRegardingActy4720
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exchange With Dsqfly Person | 0 | SaleOrExchangeWithDsqflyPerson |
| Borrow Or Lend With Dsqfly Person | 0 | BorrowOrLendWithDsqflyPerson |
| Furnished Goods With Dsqfly Person | 0 | FurnishedGoodsWithDsqflyPerson |
| Pay Compensation To Dsqfly Person | 0 | PayCompensationToDsqflyPerson |
| Transfer Assets To Dsqfly Person | 0 | TransferAssetsToDsqflyPerson |
| Payment To Government Offical | 0 | PaymentToGovernmentOffical |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActs |
| Undistributed Income Prior Years | 0 | UndistributedIncomePriorYears |
| Business Holdings | 0 | BusinessHoldings |
| Jeopardy Investments | 0 | JeopardyInvestments |
| Uncorrected Jeopardy Investments | 0 | UncorrectedJeopardyInvestments |
| Influence Legislation | 0 | InfluenceLegislation |
| Influence Election | 0 | InfluenceElection |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Grants To Organizations | 0 | GrantsToOrganizations |
| Noncharitable Purpose | 0 | NoncharitablePurpose |
| Rcv Funds To Pay Prsnl Bnft Contract | 0 | RcvFundsToPayPrsnlBnftContract |
| Pay Premiums Prsnl Bnft Contract | 0 | PayPremiumsPrsnlBnftContract |
| Prohibited Tax Shelter Transactn | 0 | ProhibitedTaxShelterTransactn |
Ofcr Dir Trustees Key Employee Info OfcrDirTrusteesKeyEmployeeInfo
Ofcr Dir Trustees Or Key Employee OfcrDirTrusteesOrKeyEmployee (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitle | Avg Hours Per Wk Devoted To PositionAvgHoursPerWkDevotedToPosition | CompensationCompensation | Contri To Empl Benefit Plans EtcContriToEmplBenefitPlansEtc | Expense Account Other AllowancesExpenseAccountOtherAllowances |
|---|---|---|---|---|---|---|---|---|
| MICHAEL POLSKY | ||||||||
| ONE SOUTH WACKER DRIVE SUITE 1900 | CHICAGO | IL | 60606 | PRESIDENT AND DIRECTOR | 0.00 | 0 | 0 | 0 |
| JONATHAN TAIBER | ||||||||
| ONE SOUTH WACKER DRIVE SUITE 1900 | CHICAGO | IL | 60606 | TREASURER AND DIRECTOR | 0.00 | 0 | 0 | 0 |
| DAVID CANMANN | ||||||||
| 111 W WASHINGTON SUITE 823 | CHICAGO | IL | 60602 | SECRETARY AND DIRECTOR | 0.00 | 0 | 0 | 0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Highest Paid Empl NONE | NONE | CompOfHighestPaidEmplNONE |
| Tot Number Of Oth Empl Paid Over50k | 0 | TotNumberOfOthEmplPaidOver50k |
| Comp Of Hghst Paid Cntrct NONE | NONE | CompOfHghstPaidCntrctNONE |
| Tot Number Of Cntrct Paid Over50k | 0 | TotNumberOfCntrctPaidOver50k |
Sum Of Program Related Investments SumOfProgramRelatedInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Minimum Investment Return MinimumInvestmentReturn
| Field | Value | IRS element (for citing) |
|---|---|---|
| Avg Monthly FMV Of Securities | 404391 | AvgMonthlyFMVOfSecurities |
| Avg Monthly Cash Balances | 6075 | AvgMonthlyCashBalances |
| FMV All Other Noncharitable Assets | 0 | FMVAllOtherNoncharitableAssets |
| Total FMV Of Unused Assets | 410466 | TotalFMVOfUnusedAssets |
| Reduction Claimed | 0 | ReductionClaimed |
| Acquisition Indebtedness | 0 | AcquisitionIndebtedness |
| Adj Total FMV Of Unused Assets | 410466 | AdjTotalFMVOfUnusedAssets |
| Cash Deemed Charitable | 6157 | CashDeemedCharitable |
| Net Noncharitable Assets | 404309 | NetNoncharitableAssets |
| Minimum Investment Return | 20215 | MinimumInvestmentReturn |
Distributable DistributableAmount
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | 20215 | MinimumInvestmentReturn |
| Tax Based On Investment Income | 704 | TaxBasedOnInvestmentIncome |
| Total Tax | 704 | TotalTax |
| Distributable Amount Before Adj | 19511 | DistributableAmountBeforeAdj |
| Recoveries Qlfy Distributions | 0 | RecoveriesQlfyDistributions |
| Distributable Amount Before Ded | 19511 | DistributableAmountBeforeDed |
| Deduction Fr Distributable | $0 | DeductionFrDistributableAmount |
| Distributable Amount As Adjusted | 19511 | DistributableAmountAsAdjusted |
Qualifying Distributions QualifyingDistributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | 245000 | ExpensesAndContributions |
| Program Related Investments Total | 0 | ProgramRelatedInvestmentsTotal |
| Qualifying Distributions | 245000 | QualifyingDistributions |
| One Pct Sect4940e Org Net Invst Incm | 704 | OnePctSect4940eOrgNetInvstIncm |
| Adj Qualifying Distributions | 244296 | AdjQualifyingDistributions |
Undistributed Income UndistributedIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable Amount As Adjusted | 19511 | DistributableAmountAsAdjusted |
| Undistributed Income Prior Year | 0 | UndistributedIncomePriorYear |
| Total For Prior Years | 0 | TotalForPriorYears |
| Excess Distri Carryover Year4 | 2759 | ExcessDistriCarryoverYear4 |
| Excess Distri Carryover Year1 | 261590 | ExcessDistriCarryoverYear1 |
| Total Excess Distri Carryover | 264349 | TotalExcessDistriCarryover |
| Qualifying Distributions | 245000 | QualifyingDistributions |
| Applied To Year1 | 0 | AppliedToYear1 |
| Applied To Prior Years | 0 | AppliedToPriorYears |
| Treated As Distri From Corpus | 0 | TreatedAsDistriFromCorpus |
| Applied To Current Year | 19511 | AppliedToCurrentYear |
| Remaining Distri From Corpus | 225489 | RemainingDistriFromCorpus |
| Excess Distri Cyov App CY Corpus | 0 | ExcessDistriCyovAppCYCorpus |
| Excess Distri Cyov Applied CY | 0 | ExcessDistriCyovAppliedCY |
| Total Corpus | 489838 | TotalCorpus |
| Prior Year Undistributed Income | 0 | PriorYearUndistributedIncome |
| Prior Year Deficiency Or Tax | 0 | PriorYearDeficiencyOrTax |
| Taxable Amount1 | 0 | TaxableAmount1 |
| Taxable Amount2 | 0 | TaxableAmount2 |
| Undistributed Income CY | 0 | UndistributedIncomeCY |
| Distri From Corpus170b1 E Or4942g3 | 0 | DistriFromCorpus170b1EOr4942g3 |
| Excess Distri Cyov From Year5 | 0 | ExcessDistriCyovFromYear5 |
| Excess Distri Cyov To Next Year | 489838 | ExcessDistriCyovToNextYear |
| Excess From Year4 | 2759 | ExcessFromYear4 |
| Excess From Year1 | 261590 | ExcessFromYear1 |
| Excess From Current Year | 225489 | ExcessFromCurrentYear |
Supplementary Information SupplementaryInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MICHAEL POLSKY | ContributingManager |
| Only Contributes To Preselected | X | OnlyContributesToPreselected |
Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (4 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatus | Purpose Of Grant Or ContributionPurposeOfGrantOrContribution | AmountAmount |
|---|---|---|---|---|---|---|
| FRIENDS OF REFUGEES OF EASTERN EUROPE (FREE) | ||||||
| 2935 W DEVON AVE | CHICAGO | IL | 60659 | PUBLIC FOUNDATION | GENERAL FUND | $10,000 |
| NORTHWESTERN MEMORIAL FOUNDATION | ||||||
| 251 E HURON STREET | CHICAGO | IL | 60611 | PUBLIC FOUNDATION | GENERAL FUND | $200,000 |
| NORTHWESTERN UNIVERSITY | ||||||
| 633 CLARK STREET | EVANSTON | IL | 60208 | PUBLIC FOUNDATION | GENERAL FUND | $30,000 |
| UNITED STATES HOLOCAUST MUSEUM | ||||||
| PO BOX 1852 | HIGHLAND PARK | IL | 60035 | PUBLIC FOUNDATION | GENERAL FUND | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Grant Or Contri Paid During Year | 245000 | TotGrantOrContriPaidDuringYear |
| Tot Grant Or Contri Approved Future | 0 | TotGrantOrContriApprovedFuture |
Analysis Income Producing Acty AnalysisIncomeProducingActy
Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 14 | ExclusionCode |
| Exclusion | $7,191 | ExclusionAmount |
Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion Code | 18 | ExclusionCode |
| Exclusion | $63,162 | ExclusionAmount |
Subtotals Part XVIA SubtotalsPartXVIA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Income | $0 | UnrelatedBusinessIncomeAmount |
| Exclusion | $70,353 | ExclusionAmount |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Part XVIA | 70353 | TotalPartXVIA |
Trnsfr Tr Rln With Noncharitable EO TrnsfrTrRlnWithNoncharitableEO
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Noncharitable EO | 0 | TrnsfrOfCashToNoncharitableEO |
| Trnsfr Oth Assets Noncharitable EO | 0 | TrnsfrOthAssetsNoncharitableEO |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssets |
| Purchase Assets Noncharitable EO | 0 | PurchaseAssetsNoncharitableEO |
| Rental Of Facilities Etc | 0 | RentalOfFacilitiesEtc |
| Reimbursement Arrangements | 0 | ReimbursementArrangements |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuarantees |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtc |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtc |
| Relationships Noncharitable E Os | 0 | RelationshipsNoncharitableEOs |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees AccountingFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | Category |
| Amount | $1,956 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corp Stock InvestmentsCorpStock
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Stock | CORPORATE STOCK | NameOfStock |
| EOY Book Value | 185211 | EOYBookValue |
| EOYFMV | 272781 | EOYFMV |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses OtherExpenses (2 entries)
| DescriptionDescription | Revenue And Expenses Per BooksRevenueAndExpensesPerBooks | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FILLING FEES | 10 | 0 | 0 |
| BANK FEES | 48 | 0 | 0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees OtherProfessionalFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | PROFESSIONAL FEES - OTHER | Category |
| Amount | $770 | Amount |
| Net Investment Income | 0 | NetInvestmentIncome |
| Disbursements Charitable Prps | 0 | DisbursementsCharitablePrps |
Substantial Contributors Sch SubstantialContributorsSch
Substantial Contributor SubstantialContributor
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person Name | MICHAEL P POLSKY | PersonName |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE SOUTH WACKER DRIVE SUITE 1900 | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60606 | ZIPCode |
Taxes Schedule TaxesSchedule
Taxes Taxes (2 entries)
| CategoryCategory | AmountAmount | Net Investment IncomeNetInvestmentIncome | Disbursements Charitable PrpsDisbursementsCharitablePrps |
|---|---|---|---|
| FEDERAL TAXES | $552 | 0 | 0 |
| STATE TAXES - IL | $15 | 0 | 0 |
Comments