GERALD A & KAREN KOLSCHOWSKY FOUNDATION INC: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
GERALD A & KAREN KOLSCHOWSKY FOUNDATION INC (EIN 36-3505302)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-09-04
IRS object ID
202612479349100011
Schema version
2025v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-09-04T12:32:37-07:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN363736640PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Smith & Cull LtdBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1230 W Monroe Street Suite 2540AddressLine1Txt
CityChicagoCityNm
State AbbreviationILStateAbbreviationCd
ZIP60606ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN363505302EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1GERALD A & KAREN A KOLSCHOWSKYBusinessNameLine1Txt
Business Name Line2FOUNDATION INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlGERABusinessNameControlTxt
Phone6309692000PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line15235 WALNUT AVENUE STE 1AddressLine1Txt
CityDOWNERS GROVECityNm
State AbbreviationILStateAbbreviationCd
ZIP60515ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonTIMOTHY J KOLSCHOWSKYPersonNm
Person TitlePresidentPersonTitleTxt
Signature2026-09-04SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARK A CULLPreparerPersonNm
PTINP00523257PTIN
Phone3124441776PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$40,463,240FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$14,840,000ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$408,914InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$408,914InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$408,914InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$632,608DividendsRevAndExpnssAmt
Dividends Net Invst Incm$632,608DividendsNetInvstIncmAmt
Dividends Adj Net Incm$632,608DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$274,437NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$10,948,267GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$274,437CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$9,828NetSTCapitalGainAdjNetIncmAmt
Total Rev And Expnss$16,155,959TotalRevAndExpnssAmt
Total Net Invst Incm$1,315,959TotalNetInvstIncmAmt
Total Adj Net Incm$1,051,350TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$137,719LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$13,772LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl$123,947LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss$7,725AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$773AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps$6,952AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss$228,904OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm$22,890OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl$206,014OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss$20,000TaxesRevAndExpnssAmt
Taxes Dsbrs Chrtbl$20,000TaxesDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss$1,754TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm$175TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Dsbrs Chrtbl$1,579TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$173,295OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$17,330OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl$155,965OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$569,397TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$54,940TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$514,457TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$13,677,781ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$13,677,781ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$14,247,178TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$54,940TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$14,192,238TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,908,781ExcessRevenueOverExpensesAmt
Net Investment Income$1,261,019NetInvestmentIncomeAmt
Adjusted Net Income$1,051,350AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$7,810,427SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$11,094,472SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$11,104,597SavAndTempCashInvstEOYFMVAmt
Other Nts And Loans Rcvbl$150,000OtherNtsAndLoansRcvblAmt
Other Nts And Loans Rcvbl BOY$150,000OtherNtsAndLoansRcvblBOYAmt
Other Nts And Loans Rcvbl EOY$150,000OtherNtsAndLoansRcvblEOYAmt
Other Nts And Loans Rcvbl EOYFMV$150,000OtherNtsAndLoansRcvblEOYFMVAmt
Corporate Stock BOY$10,591,102CorporateStockBOYAmt
Corporate Stock EOY$10,922,858CorporateStockEOYAmt
Corporate Stock EOYFMV$19,729,476CorporateStockEOYFMVAmt
Other Investments BOY$10,746,418OtherInvestmentsBOYAmt
Other Investments EOY$9,040,582OtherInvestmentsEOYAmt
Other Investments EOYFMV$9,479,167OtherInvestmentsEOYFMVAmt
Total Assets BOY$29,297,947TotalAssetsBOYAmt
Total Assets EOY$31,207,912TotalAssetsEOYAmt
Total Assets EOYFMV$40,463,240TotalAssetsEOYFMVAmt
Loans From Officers BOY$229,142LoansFromOfficersBOYAmt
Loans From Officers EOY$230,326LoansFromOfficersEOYAmt
Total Liabilities BOY$229,142TotalLiabilitiesBOYAmt
Total Liabilities EOY$230,326TotalLiabilitiesEOYAmt
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY$29,068,805NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY$30,977,586NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY$29,068,805TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$30,977,586TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$29,297,947TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$31,207,912TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$29,068,805TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,908,781ExcessRevenueOverExpensesAmt
Subtotal$30,977,586SubtotalAmt
Tot Net Ast Or Fund Balances EOY$30,977,586TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (38 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
5681.834 SIX CIRCLES INTL UNCON EQP2024-12-042025-06-26$73,296$64,716$8,580$8,580
2027 VANGUARD MORTGAGE-BACKED SECP2024-12-042025-10-17$95,820$93,803$2,017$2,017
189.667 SIX CIRCLES INTL UNCON EQP2021-11-012025-06-26$2,447$2,164$283$283
17400.119 SIX CIRCLES CREDIT OPPORTP2000-01-012025-10-17$157,645$154,293$3,352$3,352
288 SPDR S&P 500 ETF TRUSTP2000-01-012025-10-17$191,343$54,755$136,588$136,588
248 VANGUARD MORTGAGE-BACKED SECP2022-02-222025-10-17$11,724$12,698-$974-$974
1335 VANGUARD MORTGAGE-BACKED SECP2022-02-222025-10-17$63,108$68,352-$5,244-$5,244
4879.29 JPM PRIME MM FUNDP2000-01-012025-01-24$4,882$4,881$1$1
224797.682 JPM PRIME MM FUNDP2025-01-292025-02-13$225,000$225,022-$22-$22
868755.215 JPM PRIME MM FUNDP2025-01-292025-03-03$869,624$869,624
384653.812 JPM PRIME MM FUNDP2025-01-292025-03-26$385,000$385,038-$38-$38
814267.16 JPM PRIME MM FUNDP2025-01-292025-04-14$815,000$815,081-$81-$81
93430.496 JPM PRIME MM FUNDP2025-01-292025-05-05$93,505$93,524-$19-$19
184852.118 JPM PRIME MM FUNDP2025-01-292025-05-14$185,000$185,037-$37-$37
432665.957 JPM PRIME MM FUNDP2025-01-292025-05-21$433,012$433,099-$87-$87
784372.502 JPM PRIME MM FUNDP2025-01-292025-06-09$785,000$785,157-$157-$157
674393.046 JPM PRIME MM FUNDP2025-01-292025-07-01$675,000$675,067-$67-$67
289233.064 JPM PRIME MM FUNDP2025-01-292025-07-28$289,464$289,522-$58-$58
231742.752 JPM PRIME MM FUNDP2025-01-292025-08-01$231,951$231,974-$23-$23
184833.65 JPM PRIME MM FUNDP2025-01-012025-09-02$185,000$185,018-$18-$18
506.263 JPM PRIME MM FUNDP2025-01-302025-09-25$507$507
319680.32 JPM PRIME MM FUNDP2025-10-022025-11-10$320,000$320,032-$32-$32
1298701.299 JPM PRIME MM FUNDP2025-10-022025-12-01$1,300,000$1,300,130-$130-$130
5200 MFC ISHARES IBOXX $ HIGH YIELD CORPORATEP2000-01-012025-01-23$413,423$449,403-$35,980-$35,980
14828 FIRST BUSEY CORPP2015-11-022025-02-27$354,482$437,361-$82,879-$82,879
100000 PHILIP MORRIS INTL INC 1.5% DUE 05-01-25P2022-01-122025-05-01$100,000$99,648$352$352
100000 US BANCORP MEDIUM TERM NTS-BOOK ENTRYP2022-01-122025-05-12$100,000$99,808$192$192
300000 UNITED STATES OF AMER TREAS NOTES 2.125%P2022-01-142025-05-15$300,000$300,000
300000 UNITED STATES TREAS NTS .25%P2022-01-132025-06-02$300,000$300,000
100000 BANK NOVA SCOTIA BC 1.3% DUE 06-11-2025P2022-01-122025-06-11$100,000$100,000
300000 DTD 06/30/2018 2.75% DUE 06-30-2025P2022-01-182025-06-30$300,000$300,000
300000 UNITED STATES TREAS NTS .25% DUE 06-30P2022-01-132025-06-30$300,000$300,000
200000 FEDERAL HOME LN MTG CORP 0.375%P2022-01-122025-07-21$200,000$200,000
300000 UNITED STS TREAS NTS UNIVED STS TREASP2022-01-132025-07-31$300,000$300,000
9107.77 MFO DFA INVT DIMENSIONS GROUP INCP2000-01-012025-08-18$363,764$333,964$29,800$29,800
1000 MFC ISHARES TR RUSSELL 2000 INDEX FDP2017-06-302025-08-26$233,457$141,157$92,300$92,300
1805.59 MFO DFA INVESTMENT DIMENSIONS GROUP INCP2000-01-012025-11-14$90,984$62,995$27,989$27,989
Capital Gain Dividends$98,829
FieldValueIRS element (for citing)
Capital Gain Net Income$274,437CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$9,828NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$17,528InvestmentIncomeExciseTaxAmt
Subtotal$17,528SubtotalAmt
Tax Based On Investment Income$17,528TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$18,124EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid$20,000ExtsnRequestIncomeTaxPaidAmt
Total Payments And Credits$38,124TotalPaymentsAndCreditsAmt
Form2220 AttachedYes (X)Form2220AttachedInd
Overpayment$20,596OverpaymentAmt
Applied To ES Tax$20,596AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1TIMOTHY J KOLSCHOWSKYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone6309692000PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line15235 WALNUT AVENUE STE 1AddressLine1Txt
CityDOWNERS GROVECityNm
State AbbreviationILStateAbbreviationCd
ZIP605154064ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
KAREN A KOLSCHOWSKY
8600 MIDNIGHT PASS ROAD 501SARASOTAFL342423817Director2.00$0
GERALD A KOLSCHOWSKY
8600 MIDNIGHT PASS ROAD 501SARASOTAFL342423817Director2.00$0
TIMOTHY J KOLSCHOWSKY
785 APACHELAKE ZURICHIL600472702President20.00$0
MICHAEL J KOLSCHOWSKY
5329 MAIN STREET 408DOWNERS GROVEIL60515VP-SEC-TREAS0.50$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1DLA PIPER LLPBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1PO BOX 780528AddressLine1Txt
CityPHILADELPHIACityNm
State AbbreviationPAStateAbbreviationCd
ZIP191780528ZIPCd
FieldValueIRS element (for citing)
Service TypeLEGAL SERVICESServiceTypeTxt
Compensation$137,719CompensationAmt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$28,186,888AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$8,532,103AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$3,329,583FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$40,048,574TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$40,048,574AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$600,729CashDeemedCharitableAmt
Net Vl Noncharitable Assets$39,447,845NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,972,392MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,972,392MinimumInvestmentReturnAmt
Tax Based On Investment Income$17,528TaxBasedOnInvestmentIncomeAmt
Total Tax$17,528TotalTaxAmt
Distributable Before Adj$1,954,864DistributableBeforeAdjAmt
Distributable Before Ded$1,954,864DistributableBeforeDedAmt
Distributable As Adjusted$1,954,864DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$14,192,238ExpensesAndContributionsAmt
Qualifying Distributions$14,192,238QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,954,864DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$3,522,622ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$3,346,577ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$8,838,352ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$8,763,677ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$10,172,483ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$34,643,711TotalExcessDistributionCyovAmt
Qualifying Distributions$14,192,238QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,954,864AppliedToCurrentYearAmt
Remaining Distri From Corpus$12,237,374RemainingDistriFromCorpusAmt
Total Corpus$46,881,085TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$3,522,622ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$43,358,463ExcessDistriCyovToNextYrAmt
Excess From Year4$3,346,577ExcessFromYear4Amt
Excess From Year3$8,838,352ExcessFromYear3Amt
Excess From Year2$8,763,677ExcessFromYear2Amt
Excess From Year1$10,172,483ExcessFromYear1Amt
Excess From Current Year$12,237,374ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagerGERALD A KOLSCHOWSKYContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

FieldValueIRS element (for citing)
Recipient PersonSEE ATTACHED SCHEDULERecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1VARIOUSAddressLine1Txt
CityVARIOUSCityNm
State AbbreviationILStateAbbreviationCd
ZIP60515ZIPCd
FieldValueIRS element (for citing)
Recipient RelationshipNONERecipientRelationshipTxt
Recipient Foundation StatusNCRecipientFoundationStatusCd
Grant Or Contribution PurposeUNSPECIFIED CHARITABLE CONTRIBUTIONSGrantOrContributionPurposeTxt
Amt$13,677,781Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$13,677,781TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$408,914ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$632,608ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Exclusion18ExclusionCd
Exclusion$274,437ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$1,315,959ExclusionAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,315,959TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp (2 entries)

ContributorContributorNumAddress Line1ContributorUSAddress/AddressLine1TxtCityContributorUSAddress/CityNmState AbbreviationContributorUSAddress/StateAbbreviationCdZIPContributorUSAddress/ZIPCdTotal ContributionsTotalContributionsAmtPerson ContributionPersonContributionInd
GERALD A KOLSCHOWSKY
18600 MIDNIGHT PASS ROAD 501SARASOTAFL342423817$14,750,000Yes (X)
AMAZON
2227 WEST MONROE STREETCHICAGOIL60606$90,000Yes (X)

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategorySMITH & CULL, LTDCategoryTxt
Amt$7,725Amt
Net Investment Income$773NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$6,952DisbursementsCharitablePrpsAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNmEOY Book ValueEOYBookValueAmtEOYFMVEOYFMVAmt
JP MORGAN CHASE INVESTMENT ACCOUNT #7005$4,460,923$7,630,345
NORTHERN TRUST INVESTMENT ACCOUNT #6191$6,461,935$12,099,131

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (15 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
JP MORGAN CHASE #7005 - FIXED INCOMEAT COST$2,055,301$2,059,782
NORTHERN TRUST #6191 - FIXED INCOMEAT COST$500,335$502,551
NORTHERN TRUST #6191 - OTHERAT COST$15,158
NORTHERN TRUST #6191 - REAL ESTATEAT COST
CORE SENIOR LENDING OFFSHORE FUNDAT COST$17,159$12,128
CLARION PRIVATE INVESTORS, LLCAT COST$232,530$253,615
HPS MEZZANINE PRIVATE INVESTORSAT COST$134,290$386,153
CORE SENIOR LENDING OFFSHORE FUND IIAT COST$285,280$279,409
ARES PCS II PRIVATE INVESTORSAT COST$132,204$185,115
VISION OPPORTUNITY TE & NON-US FUNDAT COST$250,000$236,917
NORTHERN TRUST #3531- FIXED INCOMEAT COST$3,544,181$3,576,334
ANTARES STRATEGIC CREDIT FUNDAT COST$549,902$548,970
FRANKLIN LEXINGTON PRIVATE MARKETSAT COST$400,000$474,880
HPS CORPORATE LENDING FUNDAT COST$554,558$548,624
ARDIAN ACCESS LLCAT COST$400,000$414,689

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryDLA PIPER, LLPCategoryTxt
Legal Fees$137,719LegalFeesAmt
Net Investment Income$13,772NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$123,947DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
BANK FEES$170,677$17,068$153,609
DUES & SUBSCRIPTIONS$170$17$153
FILING FEES$26$3$23
INSURANCE$2,029$203$1,826
MISCELLANEOUS$171$17$154
SUPPLIES$222$22$200

Other Notes Loans Rcvbl Short Sch2 OtherNotesLoansRcvblShortSch2

Other Notes Loans Rcvbl Short OtherNotesLoansRcvblShortGrp

Organization501c3 Name Organization501c3Name

FieldValueIRS element (for citing)
Business Name Line1PROJECT EXPLORATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Balance Due$150,000BalanceDueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

FieldValueIRS element (for citing)
CategoryOTHER PROFESSIONAL FEESCategoryTxt
Amt$228,904Amt
Net Investment Income$22,890NetInvestmentIncomeAmt
Adjusted Net Income$0AdjustedNetIncomeAmt
Disbursements Charitable Prps$206,014DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

FieldValueIRS element (for citing)
CategoryFEDERAL TAXESCategoryTxt
Amt$20,000Amt
Disbursements Charitable Prps$20,000DisbursementsCharitablePrpsAmt

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