JAMES J & JACQUALINE A MCDONOUGH FOUNDATION: Form 990PF, tax year 2025
View the entire original 990 at ProPublica ↗
- Organization
- JAMES J & JACQUALINE A MCDONOUGH FOUNDATION (EIN 36-3689173)
- Tax period
- 2025-01-01 to 2025-12-31
- Filed
- 2026-05-08
- IRS object ID
- 202631289349101908
- Schema version
- 2025v4.0
- 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
- Form 990-PF
- Accounting Fees Schedule
- Expenditure Responsibility Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Liquidation Explanation Stmt
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2026-05-08T11:01:08-05:00 | ReturnTs |
| Tax Period End | 2025-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 346565596 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNST & YOUNG US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2025-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363689173 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES J & JACQUALINE A MCDONOUGH FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JAME | BusinessNameControlTxt |
| Phone | 3129467101 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 803878 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MAUREEN A CURLEY | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3129467101 | PhoneNum |
| Signature | 2026-04-28 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JASON BELOT | PreparerPersonNm |
| PTIN | P00183464 | PTIN |
| Phone | 3128792000 | PhoneNum |
| Preparation | 2026-04-28 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2025 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| PF Status Term Sect507b1 A | Yes (X) | PFStatusTermSect507b1AInd |
| Final Return | Yes (X) | FinalReturnInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $224,355 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $224,355 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $96,909 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $471,620 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $96,909 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Other Income Rev And Expnss | $4,199 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $121 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $325,463 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $321,385 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Adj Net Incm | $0 | OthEmplSlrsWgsAdjNetIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $0 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Adj Net Incm | $0 | PensionEmplBnftAdjNetIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $1,840 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $920 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $920 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $18,839 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $18,839 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $3,634 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $892 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Adj Net Incm | $0 | TravConfMeetingAdjNetIncmAmt |
| Printing And Pub Net Invst Incm | $0 | PrintingAndPubNetInvstIncmAmt |
| Printing And Pub Adj Net Incm | $0 | PrintingAndPubAdjNetIncmAmt |
| Other Expenses Rev And Expnss | $13,699,407 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Dsbrs Chrtbl | $431 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $13,723,720 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $20,651 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,351 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $589,352 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $589,352 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $14,313,072 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $20,651 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $590,703 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$13,987,609 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $300,734 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $335,032 | CashBOYAmt |
| Acct Rcvbl EOY | $0 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $0 | AcctRcvblEOYFMVAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Corporate Stock BOY | $3,698,179 | CorporateStockBOYAmt |
| Corporate Bonds BOY | $1,957,366 | CorporateBondsBOYAmt |
| Other Investments BOY | $124,434 | OtherInvestmentsBOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $6,115,011 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $6,115,011 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $6,115,011 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $6,115,011 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $6,115,011 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$13,987,609 | ExcessRevenueOverExpensesAmt |
| Other Increases | $7,872,598 | OtherIncreasesAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (54 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| 2.15 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-01-02 | $2 | $2 | ||
| 2.16 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-02-03 | $2 | $2 | ||
| 2.17 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-03-03 | $2 | $2 | ||
| 2.18 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-04-01 | $2 | $2 | ||
| 2.2 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-05-01 | $2 | $2 | ||
| 2.21 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-06-02 | $2 | $2 | ||
| 7.68 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-07-01 | $8 | $8 | ||
| 2.2 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-08-01 | $2 | $2 | ||
| 9.55 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-09-02 | $10 | $10 | ||
| 2.16 FEDERAL HOME LN MTG CORP POOL #A17500 6.5% DUE 01-01-2034 BEO | 2004-09-22 | 2025-10-01 | $2 | $2 | ||
| 2.13 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-01-02 | $2 | $2 | ||
| 2.05 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-02-03 | $2 | $2 | ||
| 2.07 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-03-03 | $2 | $2 | ||
| 2.07 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-04-01 | $2 | $2 | ||
| 2.08 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-05-01 | $2 | $2 | ||
| 2.1 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-06-02 | $2 | $2 | ||
| 2.11 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-07-01 | $2 | $2 | ||
| 2.83 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-08-01 | $3 | $3 | ||
| 2.14 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-09-02 | $2 | $2 | ||
| 2.15 FNMA POOL #254383 7.5% DUE 06-01-2032 REG | 2002-04-18 | 2025-10-01 | $2 | $2 | ||
| 1.44 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-01-02 | $1 | $1 | ||
| 1.3 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-02-03 | $1 | $1 | ||
| .99 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-03-03 | $1 | $1 | ||
| 1.26 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-04-01 | $1 | $1 | ||
| 1.38 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-05-01 | $1 | $1 | ||
| 1.81 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-06-02 | $2 | $2 | ||
| 1.31 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-07-01 | $1 | $1 | ||
| 1.2 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-08-01 | $1 | $1 | ||
| 1.56 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-09-02 | $2 | $2 | ||
| 1.38 FNMA POOL #545139 7.0% DUE 08-01-2031 REG | 2003-01-14 | 2025-10-01 | $1 | $1 | ||
| 2.29 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-01-02 | $2 | $2 | ||
| 2.31 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-02-03 | $2 | $2 | ||
| 2.32 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-03-03 | $2 | $2 | ||
| 2.34 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-04-01 | $2 | $2 | ||
| 3.2 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-05-01 | $3 | $3 | ||
| 2.59 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-06-02 | $3 | $3 | ||
| 2.91 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-07-01 | $3 | $3 | ||
| 3.04 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-08-01 | $3 | $3 | ||
| 21.05 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-09-02 | $21 | $21 | ||
| 2.75 FNMA POOL #569091 7.0% DUE 03-01-2031 REG | 2002-11-15 | 2025-10-01 | $3 | $3 | ||
| 3.09 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-01-02 | $3 | $3 | ||
| 3.21 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-02-03 | $3 | $3 | ||
| 3.17 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-03-03 | $3 | $3 | ||
| 3.14 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-04-01 | $3 | $3 | ||
| 3.16 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-05-01 | $3 | $3 | ||
| 3.1 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-06-02 | $3 | $3 | ||
| 3.13 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-07-01 | $3 | $3 | ||
| 2.35 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-08-01 | $2 | $2 | ||
| 2.36 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-09-02 | $2 | $2 | ||
| 2.37 FNMA POOL #852564 5.5% DUE 01-01-2036 BEO | 2006-02-09 | 2025-10-01 | $2 | $2 | ||
| 4226. MFC FLEXSHARES TR MORNINGSTAR GLOBAL UPSTREAM NAT RES INDEX FD | 2023-03-06 | 2025-06-20 | $171,481 | $142,906 | $28,575 | $28,575 |
| .15 MFB NORTHN HI YIELD FXD INC FD | 2023-03-08 | 2025-11-17 | $1 | $1 | $1 | |
| 2928.26 MFB NORTHERN FDS STK INDEX FD | 2023-12-21 | 2025-10-21 | $200,000 | $123,588 | $76,412 | $76,412 |
| 12269.94 PIMCO FDS PAC INVT MGMT SER HIGH YIELD FD INSTL CL | 2016-10-17 | 2025-10-21 | $100,000 | $108,079 | -$8,079 | -$8,079 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $96,909 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,180 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,180 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,180 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $5,484 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $5,484 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $1,304 | OverpaymentAmt |
| Applied To ES Tax | $0 | AppliedToESTaxAmt |
| Refund | $1,304 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | Yes (true) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | NORTHERN TRUST | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3126306000 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 803878 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60680 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | Yes (true) | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt |
|---|---|---|---|---|---|---|
| MAUREEN A CURLEY | ||||||
| 2851 LAKESHORE RD | FENNVILLE | MI | 494088609 | PRESIDENT & DIRECTOR | 1 | $0 |
| DANIEL K CURLEY | ||||||
| 2851 LAKESHORE DR | FENNVILLE | MI | 494088609 | TREASURER & DIRECTOR | 1 | $0 |
| JAMES P MCDONOUGH | ||||||
| 250 MAGELLAN AVENUE | SAN FRANCISCO | CA | 94116 | DIRECTOR | 1 | $0 |
| RICHARD W BURKE | ||||||
| 20 N WACKER DR ST 2800 | CHICAGO | IL | 606063101 | DIRECTOR | 1 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $12,334,937 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $0 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $12,334,937 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $12,334,937 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $185,024 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $12,149,913 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $607,496 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $607,496 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,180 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,180 | TotalTaxAmt |
| Distributable Before Adj | $603,316 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $603,316 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $603,316 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $590,703 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $590,703 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $603,316 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $589,351 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $0 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $0 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $0 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $0 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $590,703 | QualifyingDistributionsAmt |
| Applied To Year1 | $589,351 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,352 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $601,964 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $0 | ExcessFromYear4Amt |
| Excess From Year3 | $0 | ExcessFromYear3Amt |
| Excess From Year2 | $0 | ExcessFromYear2Amt |
| Excess From Year1 | $0 | ExcessFromYear1Amt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES J MCDONOUGH AND JACQUALINE A | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (2 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusCd | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| THE MCDONOUGH FAMILY FOUNDATION | |||||||
| C/O NORTHERN TRUST | CHICAGO | IL | 60680 | NONE | PF | GENERAL SUPPORT | $294,676 |
| THE CURLEY FAMILY FOUNDATION | |||||||
| C/O NORTHERN TRUST | CHICAGO | IL | 60680 | NONE | PF | GENERAL SUPPORT | $294,676 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $589,352 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $224,355 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $96,909 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| MFO BLACKROCK FDS | 14 | $89 |
| MFO DFA INTL SMALL | 14 | $14 |
| MFO DOUBLELINE FUN | 14 | $18 |
| FEDERAL TAX REFUND | 14 | $4,078 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $325,463 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $325,463 | TotalIncomeProducingActyAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Rln Of Acty To Accom Of Exmpt Prps | RlnOfActyToAccomOfExmptPrpsGrp |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | TAX PREPARATION FEE (NON-ALLOC | CategoryTxt |
| Amt | $1,840 | Amt |
| Net Investment Income | $920 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $920 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | GrantGrantDt | GrantGrantAmt | Purpose Of GrantPurposeOfGrantTxt | Expended By GranteeExpendedByGranteeAmt | Any Diversion By GranteeAnyDiversionByGranteeTxt |
|---|---|---|---|---|---|---|---|---|
| CURLEY FAMILY FOUNDATION | ||||||||
| C/O NORTHERN TRUST | CHICAGO | IL | 60680 | 2025-11-07 | $294,676 | GENERAL SUPPORT | $294,676 | NONE |
| MCDONOUGH FAMILY FOUNDATION | ||||||||
| C/O NORTHERN TRUST | CHICAGO | IL | 60680 | 2025-11-07 | $294,676 | GENERAL SUPPORT | $294,676 | NONE |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (15 entries)
| BondBondNm |
|---|
| C09260B630 MFO BLACKROCK FDS V |
| C258620301 MFO DOUBLELINE FUND |
| C31296SKM7 FEDERAL HOME LN MTG |
| C31359MEU3 FNMA BD 6.25 05-15- |
| C31371KRC7 FNMA POOL #254383 7 |
| C31385HS45 FNMA POOL #545139 7 |
| C31386PF81 FNMA POOL #569091 7 |
| C31408JFD8 FNMA POOL #852564 5 |
| C665162467 MFB NORTHN FDS ULTR |
| C665162533 MFB NORTHERN FUNDS |
| C665162699 MFB NORTHERN HIGH Y |
| C665162806 MFB NORTHERN FUNDS |
| C693390841 MFO PIMCO FDS PAC I |
| C87612EAK2 TARGET CORP NT 6.35 |
| C922031737 MFO VANGUARD INFLAT |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (15 entries)
| StockStockNm |
|---|
| C233203629 MFO DFA INTL SMALL |
| C315920249 MFO FIDELITY ADVISO |
| C33939L407 MFC FLEXSHARES TR M |
| C33939L795 MFC FLEXSHARES TRUS |
| C33939L803 MFC FLEXSHARES TR M |
| C33939L860 MFC FLEXSHARES TRUS |
| C464287804 MFC ISHARES TR CORE |
| C665130100 MFB NORTHERN EQUITY |
| C665130209 MFB NORTHERN EQUITY |
| C665162384 MFB NORTHERN MULTI |
| C665162582 MFB NORTHERN FUNDS |
| C665162723 MFB NORTHERN FUNDS |
| C665162772 MFB NORTHERN FUNDS |
| C78462F103 MFC SPDR S&P 500 ET |
| C78467Y107 SPDR S&P MIDCAP 400 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | C665162541 MFB NORTHERN FDS GL | CategoryOrItemTxt |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | THE JAMES J. AND JACQUALINE MCDONOUGH FOUNDATION HAS TERMINATED AND DISTRIBUTED ALL ASSETS TO THE CURLEY FOUNDATION AND THE MCDONOUGH FOUNDATION. TERMINATING DISTRIBUTIONS OF BOTH CASH AND SECURITIES TOTALED $13,698,976, SPLIT BETWEEN THE TWO NEW FOUNDATIONS. | ExplanationTxt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| STATE FILING FEES | $31 | $0 | $31 |
| OTHER MISC TERMINATING EXPENSE | $400 | $0 | $400 |
| TERMINATING DISTRIBUTIONS | $13,698,976 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| MFO BLACKROCK FDS V HIGH YIELD BD PORT I | $89 | $89 |
| MFO DFA INTL SMALL CO PORTFOLIO FUND | $14 | $14 |
| MFO DOUBLELINE FUNDS TRUST CORE FIXED IN | $18 | $18 |
| FEDERAL TAX REFUND | $4,078 | $0 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| 2024 TRANSACTIONS POSTED IN 2025 | $13,084 |
| EXCESS FMV OVR COST ASSETS DISTRIBUTED | $7,859,514 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NT ADVISORY FEES | $18,793 | $18,793 |
| NT INVESTMENT MGMT FEES | $46 | $46 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| ESTIMATED TAX PAYMENTS | $2,742 | $0 | $0 |
| FOREIGN TAXES ON QUALIFIED FOR | $689 | $689 | $0 |
| FOREIGN TAXES ON NONQUALIFIED | $203 | $203 | $0 |
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