FURP.ORG / PUBLIC DATA EXPLORER

CHOTT FAMILY FOUNDATION: Form 990PF, tax year 2011

View the entire original 990 at ProPublica ↗

Organization
CHOTT FAMILY FOUNDATION (EIN 26-6154147)
Tax period
2011-01-01 to 2011-12-31
Filed
2012-10-10
IRS object ID
201222849349100807
Schema version
2011v1.2
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)
Timestamp2012-10-10T11:47:06-07:00Timestamp
Tax Period End Date2011-12-31TaxPeriodEndDate

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 Line1190 South LaSalle St Suite 1640AddressLine1
CityChicagoCity
StateILState
ZIP Code60603ZIPCode
FieldValueIRS element (for citing)
Return Type990PFReturnType
Tax Period Begin Date2011-01-01TaxPeriodBeginDate

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 Signed2012-10-10DateSigned
Authorize Third PartytrueAuthorizeThirdParty

Preparer Preparer

FieldValueIRS element (for citing)
NameROBERT A STUEBIName
Phone3127812111Phone
FieldValueIRS element (for citing)
Tax Year2011TaxYear
Build TS2016-02-24 21:20:13ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Exempt PFXExemptPF
FMV Assets EOY430125FMVAssetsEOY
Method Of Accounting CashXMethodOfAccountingCash

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Received Rev And Expnss52000ContriReceivedRevAndExpnss
Dividends Rev And Expnss2812DividendsRevAndExpnss
Dividends Net Invst Incm2812DividendsNetInvstIncm
Dividends Adj Net Incm2812DividendsAdjNetIncm
Net Gain Sale Assets Rev And Expnss58NetGainSaleAssetsRevAndExpnss
Capital Gain Net Incm Net Invst Incm58CapitalGainNetIncmNetInvstIncm
Total Revenue And Expenses54870TotalRevenueAndExpenses
Total Net Investment Income2870TotalNetInvestmentIncome
Total Adjusted Net Income2812TotalAdjustedNetIncome
Accounting Fees Rev And Expnss850AccountingFeesRevAndExpnss
Accounting Fees Net Invst Incm850AccountingFeesNetInvstIncm
Other Prof Fees Rev And Expnss3222OtherProfFeesRevAndExpnss
Other Prof Fees Net Invst Incm3222OtherProfFeesNetInvstIncm
Taxes Rev And Expnss124TaxesRevAndExpnss
Taxes Net Invst Incm124TaxesNetInvstIncm
Tot Opr Expenses Rev And Expnss4196TotOprExpensesRevAndExpnss
Tot Opr Expenses Net Invst Incm4196TotOprExpensesNetInvstIncm
Tot Opr Expenses Dsbrs Chrtbl Prps0TotOprExpensesDsbrsChrtblPrps
Contri Gifts Paid Rev And Expnss49280ContriGiftsPaidRevAndExpnss
Contri Gifts Paid Dsbrs Chrtbl Prps49280ContriGiftsPaidDsbrsChrtblPrps
Total Expenses Rev And Expnss53476TotalExpensesRevAndExpnss
Total Expenses Net Invst Incm4196TotalExpensesNetInvstIncm
Total Expenses Dsbrs Chrtbl Prps49280TotalExpensesDsbrsChrtblPrps
Excess Of Revenue Over Expenses1394ExcessOfRevenueOverExpenses
Net Investment Income0NetInvestmentIncome
Adjusted Net Income2812AdjustedNetIncome

Balance Sheets BalanceSheets

FieldValueIRS element (for citing)
Savings And Temp Cash Invst BOY204478SavingsAndTempCashInvstBOY
Savings And Temp Cash Invst EOY172101SavingsAndTempCashInvstEOY
Savings And Temp Cash Invst EOYFMV172101SavingsAndTempCashInvstEOYFMV
Investments Corp Stock BOY157277InvestmentsCorpStockBOY
Investments Corp Stock EOY182382InvestmentsCorpStockEOY
Investments Corp Stock EOYFMV182382InvestmentsCorpStockEOYFMV
Investments Other BOY74209InvestmentsOtherBOY
Investments Other EOY75642InvestmentsOtherEOY
Investments Other EOYFMV75642InvestmentsOtherEOYFMV
Total Assets BOY435964TotalAssetsBOY
Total Assets EOY430125TotalAssetsEOY
Total Assets EOYFMV430125TotalAssetsEOYFMV
Total Liabilities EOY0TotalLiabilitiesEOY
Org That Follow SFAS117XOrgThatFollowSFAS117
Unrestricted BOY435964UnrestrictedBOY
Unrestricted EOY430125UnrestrictedEOY
Total Net Assets BOY435964TotalNetAssetsBOY
Total Net Assets EOY430125TotalNetAssetsEOY
Total Liabilities Net Assets BOY435964TotalLiabilitiesNetAssetsBOY
Total Liabilities Net Assets EOY430125TotalLiabilitiesNetAssetsEOY

Changes In Net Assets Fund Balances ChangesInNetAssetsFundBalances

FieldValueIRS element (for citing)
Total Net Assets Fund Balances BOY435964TotalNetAssetsFundBalancesBOY
Excess Of Revenue Over Expenses1394ExcessOfRevenueOverExpenses
Subtotal437358Subtotal
Other Decreases7233OtherDecreases
Total Net Assets Fund Balances EOY430125TotalNetAssetsFundBalancesEOY

Capital Gains And Losses CapitalGainsAndLosses

FieldValueIRS element (for citing)
Capital Gain Net Income58CapitalGainNetIncome

Qlfy Und Sect4940e For Reduced Tax QlfyUndSect4940eForReducedTax

FieldValueIRS element (for citing)
Liable For4942 TaxfalseLiableFor4942Tax
Qualifying Distributions Year124536QualifyingDistributionsYear1
Noncharitable Assets Year1395880NoncharitableAssetsYear1
Distribution Ratio Year10.06198DistributionRatioYear1
Qualifying Distributions Year218615QualifyingDistributionsYear2
Noncharitable Assets Year2258215NoncharitableAssetsYear2
Distribution Ratio Year20.07209DistributionRatioYear2
Qualifying Distributions Year318925QualifyingDistributionsYear3
Noncharitable Assets Year3365906NoncharitableAssetsYear3
Distribution Ratio Year30.05172DistributionRatioYear3
Noncharitable Assets Year4426141NoncharitableAssetsYear4
Total Distribution Ratio0.18579TotalDistributionRatio
Average Distribution Ratio0.04645AverageDistributionRatio
Net Noncharitable Assets411832NetNoncharitableAssets
Adjusted Noncharitable Assets19129AdjustedNoncharitableAssets
Adj Nonchrtbl Assets And One19129AdjNonchrtblAssetsAndOnePct
Qualifying Distributions49280QualifyingDistributions

Excise Tax Based On Investment Incm ExciseTaxBasedOnInvestmentIncm

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eXDomesticOrgMeetingSect4940e
Investment Income Excise Tax0InvestmentIncomeExciseTax

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 Securities231814AvgMonthlyFMVOfSecurities
Avg Monthly Cash Balances186290AvgMonthlyCashBalances
FMV All Other Noncharitable Assets0FMVAllOtherNoncharitableAssets
Total FMV Of Unused Assets418104TotalFMVOfUnusedAssets
Reduction Claimed0ReductionClaimed
Adj Total FMV Of Unused Assets418104AdjTotalFMVOfUnusedAssets
Cash Deemed Charitable6272CashDeemedCharitable
Net Noncharitable Assets411832NetNoncharitableAssets
Minimum Investment Return20592MinimumInvestmentReturn

Distributable DistributableAmount

FieldValueIRS element (for citing)
Minimum Investment Return20592MinimumInvestmentReturn
Distributable Amount Before Adj20592DistributableAmountBeforeAdj
Distributable Amount Before Ded20592DistributableAmountBeforeDed
Distributable Amount As Adjusted20592DistributableAmountAsAdjusted

Qualifying Distributions QualifyingDistributions

FieldValueIRS element (for citing)
Expenses And Contributions49280ExpensesAndContributions
Qualifying Distributions49280QualifyingDistributions
Adj Qualifying Distributions49280AdjQualifyingDistributions

Undistributed Income UndistributedIncome

FieldValueIRS element (for citing)
Distributable Amount As Adjusted20592DistributableAmountAsAdjusted
Excess Distri Carryover Year25575ExcessDistriCarryoverYear2
Excess Distri Carryover Year14831ExcessDistriCarryoverYear1
Total Excess Distri Carryover10406TotalExcessDistriCarryover
Qualifying Distributions49280QualifyingDistributions
Treated As Distri From Corpus0TreatedAsDistriFromCorpus
Applied To Current Year20592AppliedToCurrentYear
Remaining Distri From Corpus28688RemainingDistriFromCorpus
Total Corpus39094TotalCorpus
Undistributed Income CY0UndistributedIncomeCY
Excess Distri Cyov To Next Year39094ExcessDistriCyovToNextYear
Excess From Year25575ExcessFromYear2
Excess From Year14831ExcessFromYear1
Excess From Current Year28688ExcessFromCurrentYear

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 (27 entries)

Address Line1RecipientUSAddress/AddressLine1CityRecipientUSAddress/CityStateRecipientUSAddress/StateZIP CodeRecipientUSAddress/ZIPCodeRecipient RelationshipRecipientRelationshipRecipient Foundation StatusRecipientFoundationStatusPurpose Of Grant Or ContributionPurposeOfGrantOrContributionAmountAmount
CHILDRENS MEMORIAL HOSPITAL
2300 CHILDRENS PLAZA BOX 4CHICAGOIL60614NONE501(C)(3)SOCIAL SERVICES$200
YOUNGLIFE
PO BOX 2920COLORADO SPRINGSCO80901NONE501(C)(3)SOCIAL SERVICES$100
SISTERS OF ST JOSEPH
6400 MINNESOTA AVEST LOUISMO63111NONE501(C)(3)RELIGIOUS$200
PROPAGATION OF THE FAITH
3424 WILSHIRE BLVDLOS ANGELESCA90010NONE501(C)(3)RELIGIOUS$50
MCDERMOTT CENTER
932 W WASHINGTON BLVDCHICAGOIL60607NONE501(C)(3)SOCIAL SERVICES$500
H FOUNDATION
60 S LA GRANGE ROADLA GRANGEIL60525NONE501(C)(3)MEDICAL RESEARCH$50
FENWICK HIGH SCHOOL
505 WASHINGTON BLVDOAK PARKIL60302NONE501(C)(3)EDUCATION$500
THE COMMUNITY HOUSE
415 W EIGHTH STHINSDALEIL60521NONE501(C)(3)SOCIAL SERVICES$100
CATHOLIC RELIEF SERVICES
228 WEST LEXINGTON STBALTIMOREMD21201NONE501(C)(3)SOCIAL SERVICES$300
THE CARA PROGRAM
237 S DES PLAINESCHICAGOIL60661NONE501(C)(3)SOCIAL SERVICES$300
AMERICAN DIABETES
55 E MONROE - SUITE 3420CHICAGOIL60603NONE501(C)(3)MEDICAL RESEARCH$50
ALZHEIMERS ASSOCIATION
8430 W BRYN MAWR AVE - SUITE 800CHICAGOIL60631NONE501(C)(3)MEDICAL RESEARCH$100
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$1,400
STANDING TALL FOUNDATION
3131 N MASON AVENUECHICAGOIL60634NONE501(C)(3)EDUCATION$600
ST PIUS PARRISH
1701 W 18TH PLACECHICAGOIL60608NONE501(C)(3)RELIGIOUS$600
ST JOHN OF THE CROSS
5005 WOLF ROADWESTERN SPRINGSIL60558NONE501(C)(3)RELIGIOUS$28,800
ST CLETUS CHURCH
700 W 55TH STREETLA GRANGEIL60525NONE501(C)(3)RELIGIOUS$1,900
SACRED HEART CHURCH
2906 E 96TH STCHICAGOIL60617NONE501(C)(3)RELIGIOUS$200
THE PACTT FOUNDATION
PO BOX 492OAK PARKIL60603NONE501(C)(3)SOCIAL SERVICES$50
NOTRE DAME CLUB OF CHICAGO
224 S MICHIGAN AVECHICAGOIL60604NONE501(C)(3)EDUCATION$1,980
NAZARETH ACADEMY
1209 W ODGEN AVELA GRANGE PARKIL60526NONE501(C)(3)EDUCATION$3,300
MISERACORDIA HOME
6300 N RIDGE AVENUECHICAGOIL60660NONE501(C)(3)SOCIAL SERVICES$200
BETTY FORD CENTER FOUNDATION
39000 BOB HOPE DRIVERANCHO MIRAGECA92270NONE501(C)(3)SOCIAL SERVICES$7,000
ARTHRITIS FOUNDATION
29 E MADISON ST - SUITE 500CHICAGOIL60602NONE501(C)(3)MEDICAL RESEARCH$100
AMERICAN INSTITUTE FOR CANCER RESEARCH
1759 R STREET NWWASHINGTONDC20009NONE501(C)(3)MEDICAL RESEARCH$100
FieldValueIRS element (for citing)
Tot Grant Or Contri Paid During Year49280TotGrantOrContriPaidDuringYear

Analysis Income Producing Acty AnalysisIncomeProducingActy

Dividends And Int From Sec Part VII DividendsAndIntFromSecPartVII

FieldValueIRS element (for citing)
Related Or Exempt Function Income2812RelatedOrExemptFunctionIncome

Gain Sales Assets Oth Than Invntry GainSalesAssetsOthThanInvntry

FieldValueIRS element (for citing)
Related Or Exempt Function Income58RelatedOrExemptFunctionIncome

Subtotals Part XVIA SubtotalsPartXVIA

FieldValueIRS element (for citing)
Related Or Exempt Function Income2870RelatedOrExemptFunctionIncome
FieldValueIRS element (for citing)
Total Part XVIA2870TotalPartXVIA

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 RIDGEIL60527793626000X
1EDWARD L CHOTT17 LAKE RIDGE CLUB COURTBURR RIDGEIL60527793626000X

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees AccountingFees

FieldValueIRS element (for citing)
Amount$850Amount
Net Investment Income850NetInvestmentIncome
Adjusted Net Income0AdjustedNetIncome
Disbursements Charitable Prps0DisbursementsCharitablePrps

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases OtherDecreases

FieldValueIRS element (for citing)
DescriptionCHANGE IN UNREALIZED G/LDescription
Amount$7,233Amount

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees OtherProfessionalFees (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncomeAdjusted Net IncomeAdjustedNetIncomeDisbursements Charitable PrpsDisbursementsCharitablePrps
VISA CHECK CARD FEE$10010000
INVESTMENT MANAGEMENT$3,122312200

Taxes Schedule TaxesSchedule

Taxes Taxes (2 entries)

CategoryCategoryAmountAmountNet Investment IncomeNetInvestmentIncome
ILLINOIS CHARITABLE TRUST BUREAU$1515
FEDERAL CHARITY TAX$109109