FURP.ORG / PUBLIC DATA EXPLORER

CHOTT FAMILY FOUNDATION: Form 990PF, tax year 2012

View the entire original 990 at ProPublica ↗

Organization
CHOTT FAMILY FOUNDATION (EIN 26-6154147)
Tax period
2012-01-01 to 2012-12-31
Filed
2013-05-10
IRS object ID
201341309349100129
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)
Timestamp2013-05-10T08:55:31-07:00Timestamp
Tax Period End Date2012-12-31TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

FieldValueIRS element (for citing)
Business Name Line1HAMILTON STUEBI & YOUNG LLPBusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

FieldValueIRS element (for citing)
Address Line1150 North Wacker Drive Suite 2250AddressLine1
CityChicagoCity
StateILState
ZIP Code60606ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2012-01-01TaxPeriodBeginDate

Filer Filer

FieldValueIRS element (for citing)
EIN266154147EIN

Name Name

FieldValueIRS element (for citing)
Business Name Line1CHOTT FAMILY FOUNDATIONBusinessNameLine1
FieldValueIRS element (for citing)
Name ControlCHOTNameControl
Phone3127812111Phone

US Address USAddress

FieldValueIRS element (for citing)
Address Line117 LAKE RIDGE CLUB COURTAddressLine1
CityBURR RIDGECity
StateILState
ZIP Code60527ZIPCode

Officer Officer

FieldValueIRS element (for citing)
NameEDWARD L CHOTTName
TitleTrusteeTitle
Date Signed2013-05-10DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROBERT A STUEBIName
PTINP00517842PTIN
Phone3127812111Phone
FieldValueIRS element (for citing)
Tax Year2012TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY431834FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss13000ContriReceivedRevAndExpnss
Dividends Rev And Expnss3448DividendsRevAndExpnss
Dividends Net Invst Incm3448DividendsNetInvstIncm
Dividends Adj Net Incm3448DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss165NetGainSaleAssetsRevAndExpnss
Capital Gain Net Incm Net Invst Incm165CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses16613TotalRevenueAndExpenses
Total Net Investment Income3613TotalNetInvestmentIncome
Total Adjusted Net Income3448TotalAdjustedNetIncome
Other Prof Fees Rev And Expnss3429OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm3429OtherProfFeesNetInvstIncm
Tot Opr Expenses Rev And Expnss3429TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm3429TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss21445ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps21445ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss24874TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm3429TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps21445TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses-8261ExcessOfRevenueOverExpenses
Net Investment Income184NetInvestmentIncome
Adjusted Net Income3448AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY172101SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY164899SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV164899SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY182382InvestmentsCorpStockBOY
Investments Corp Stock EOY187257InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV187257InvestmentsCorpStockEOYFMV
Investments Other BOY75642InvestmentsOtherBOY
Investments Other EOY79678InvestmentsOtherEOY
Investments Other EOYFMV79678InvestmentsOtherEOYFMV
Total Assets BOY430125TotalAssetsBOY
Total Assets EOY431834TotalAssetsEOY
Total Assets EOYFMV431834TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY430125UnrestrictedBOY
Unrestricted EOY431834UnrestrictedEOY
Total Net Assets BOY430125TotalNetAssetsBOY
Total Net Assets EOY431834TotalNetAssetsEOY
Total Liabilities Net Assets BOY430125TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY431834TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY430125TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses-8261ExcessOfRevenueOverExpenses
Other Increases9970OtherIncreases
Subtotal431834Subtotal
Total Net Assets Fund Balances EOY431834TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income165CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year149280QualifyingDistributionsYear1
Noncharitable Assets Year1411832NoncharitableAssetsYear1
Distribution Ratio Year10.11966DistributionRatioYear1
Qualifying Distributions Year224536QualifyingDistributionsYear2
Noncharitable Assets Year2395880NoncharitableAssetsYear2
Distribution Ratio Year20.06198DistributionRatioYear2
Qualifying Distributions Year318615QualifyingDistributionsYear3
Noncharitable Assets Year3258215NoncharitableAssetsYear3
Distribution Ratio Year30.07209DistributionRatioYear3
Qualifying Distributions Year418925QualifyingDistributionsYear4
Noncharitable Assets Year4365906NoncharitableAssetsYear4
Distribution Ratio Year40.05172DistributionRatioYear4
Noncharitable Assets Year5426141NoncharitableAssetsYear5
Total Distribution Ratio0.30545TotalDistributionRatio
Average Distribution Ratio0.06109AverageDistributionRatio
Net Noncharitable Assets424515NetNoncharitableAssets
Adjusted Noncharitable Assets25934AdjustedNoncharitableAssets
One Percent Net Investment Income2OnePercentNetInvestmentIncome
Adj Nonchrtbl Assets And One25936AdjNonchrtblAssetsAndOnePct
Qualifying Distributions21445QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Investment Income Excise Tax4InvestmentIncomeExciseTax
Subtotal4Subtotal
Tax Based On Investment Income4TaxBasedOnInvestmentIncome
Tax Due4TaxDue

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 Sect508efalseRequirementsOfSect508e
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 Line1EDWARD CHOTTBusinessNameLine1
FieldValueIRS element (for citing)
Books In Care Of Phone Number3127812111BooksInCareOfPhoneNumber

Books In Care Of US Address BooksInCareOfUSAddress

FieldValueIRS element (for citing)
Address Line117 LAKE RIDGE CLUB COURTAddressLine1
CityBURR RIDGECity
StateILState
ZIP Code605277936ZIPCode
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
MAUREEN H CHOTT
17 LAKE RIDGE CLUB COURTBURR RIDGEIL605277936Trustee1.000
EDWARD L CHOTT
17 LAKE RIDGE CLUB COURTBURR RIDGEIL605277936Trustee1.000
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 Securities262480AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances168500AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets430980TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets430980AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable6465CashDeemedCharitable
Net Noncharitable Assets424515NetNoncharitableAssets
Minimum Investment Return21226MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return21226MinimumInvestmentReturn
Tax Based On Investment Income4TaxBasedOnInvestmentIncome
Total Tax4TotalTax
Distributable Amount Before Adj21222DistributableAmountBeforeAdj
Distributable Amount Before Ded21222DistributableAmountBeforeDed
Distributable Amount As Adjusted21222DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions21445ExpensesAndContributions
Qualifying Distributions21445QualifyingDistributions
Adj Qualifying Distributions21445AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted21222DistributableAmountAsAdjusted
Excess Distri Carryover Year35575ExcessDistriCarryoverYear3
Excess Distri Carryover Year24831ExcessDistriCarryoverYear2
Excess Distri Carryover Year128688ExcessDistriCarryoverYear1
Total Excess Distri Carryover39094TotalExcessDistriCarryover
Qualifying Distributions21445QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year21222AppliedToCurrentYear
Remaining Distri From Corpus223RemainingDistriFromCorpus
Total Corpus39317TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year39317ExcessDistriCyovToNextYear
Excess From Year35575ExcessFromYear3
Excess From Year24831ExcessFromYear2
Excess From Year128688ExcessFromYear1
Excess From Current Year223ExcessFromCurrentYear

Supplementary Information SupplementaryInformation

FieldValueIRS element (for citing)
Contributing ManagerMAUREEN H CHOTTContributingManager
Contributing ManagerEDWARD L CHOTTContributingManager
Only Contributes To PreselectedXOnlyContributesToPreselected

Grant Or Contri Paid During Year GrantOrContriPaidDuringYear (22 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
ARCHDIOCESE OF CHICAGO - RETIRED PR
835 N RUST STREETCHICAGOIL60611NONE501(C)(3)RELIGIOUS$100
OUR LADY OF PEACE CATHOLIC CHURCH
7851 S JEFFERY BLVDCHICAGOIL60649NONE501(C)(3)RELIGIOUS$20
HAYMARKET CENTER
932 W WASHINGTONCHICAGOIL60607NONE501(C)(3)SOCIAL SERVICES$250
NOTRE DAME UNIV - EDWARD SORIN SOCI
1100 GRACE HALLNOTRE DAMEIN46556NONE501(C)(3)EDUCATION$1,500
WOUNDED WARRIOR PROJECT
4899 BELFORT ROADJACKSONVILLEFL32256NONE501(C)(3)SOCIAL SERVICES$200
TIM COLLINS BENEFIT
1025 HOMESTEAD ROADLAGRANGE PARKIL60526NONE501(C)(3)SOCIAL SERVICES$200
ST JUDE CHILDRENS RESEARCH HOSPITAL
PO BOX 1893MEMPHISTN38101NONE501(C)(3)MEDICAL RESEARCH$1,000
CATHOLIC EXTENSION
150 S WACKER DR - SUITE 2000CHICAGOIL60606NONE501(C)(3)RELIGIOUS$1,000
COMMUNITY NURSES HEALTH CENTER
23 CALENDAR AVELAGRANGEIL60525NONE501(C)(3)SOCIAL SERVICES$100
FENWICK HIGH SCHOOL
505 WASHINGTON BLVDOAK PARKIL60302NONE501(C)(3)EDUCATION$500
CATHOLIC RELIEF SERVICES
228 WEST LEXINGTON STBALTIMOREMD21201NONE501(C)(3)SOCIAL SERVICES$1,300
WELLNESS HOUSE
131 N COUNTY LINE ROADHINSDALEIL60521NONE501(C)(3)SOCIAL SERVICES$100
VISITATION SCHOLARSHIP PROGRAM
900 W GARFIELD BLVDCHICAGOIL60609NONE501(C)(3)EDUCATION$500
TRINITY HIGH SCHOOL
7574 DIVISION STREETRIVER FORESTIL60603NONE501(C)(3)EDUCATION$1,750
STANDING TALL FOUNDATION
3131 N MASON AVENUECHICAGOIL60634NONE501(C)(3)EDUCATION$500
ST JOHN OF THE CROSS
5005 WOLF ROADWESTERN SPRINGSIL60558NONE501(C)(3)RELIGIOUS$5,000
ST CLETUS CHURCH
700 W 55TH STREETLA GRANGEIL60525NONE501(C)(3)RELIGIOUS$3,650
THE PACTT FOUNDATION
PO BOX 492OAK PARKIL60603NONE501(C)(3)SOCIAL SERVICES$150
NOTRE DAME CLUB OF CHICAGO
224 S MICHIGAN AVECHICAGOIL60604NONE501(C)(3)EDUCATION$1,500
NAZARETH ACADEMY
1209 W ODGEN AVELA GRANGE PARKIL60526NONE501(C)(3)EDUCATION$1,300
MISERACORDIA HOME
6300 N RIDGE AVENUECHICAGOIL60660NONE501(C)(3)SOCIAL SERVICES$725
ARTHRITIS FOUNDATION
29 E MADISON ST - SUITE 500CHICAGOIL60602NONE501(C)(3)MEDICAL RESEARCH$100
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year21445TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Related Or Exempt Function Income3448RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Related Or Exempt Function Income165RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Related Or Exempt Function Income3613RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA3613TotalPartXVIA

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

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFXOrganization501c3ExemptPF
General RuleXGeneralRule

Contributor Info ContributorInfo (2 entries)

Contributor NumberContributorNumberContributor Name IndividualContributorNameIndividualAddress Line1ContributorAddressUS/AddressLine1CityContributorAddressUS/CityStateContributorAddressUS/StateZIP CodeContributorAddressUS/ZIPCodeAggregate ContributionsAggregateContributionsPerson Contribution TypePersonContributionType
2MAUREEN H CHOTT17 LAKE RIDGE CLUB COURTBURR RIDGEIL6052779366500X
1EDWARD L CHOTT17 LAKE RIDGE CLUB COURTBURR RIDGEIL6052779366500X

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees

FieldValueIRS element (for citing)
CategoryINVESTMENT MANAGEMENTCategory
Amount$3,429Amount
Net Investment Income3429NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps