JAMES AND BRENDA GRUSECKI FAMILY FOUNDATION: Form 990PF, tax year 2023
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- Organization
- JAMES AND BRENDA GRUSECKI FAMILY FOUNDATION (EIN 16-1639401)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-05-15
- IRS object ID
- 202401369349100645
- Schema version
- 2023v5.0
- 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
- Schedule B
- Accounting Fees Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Increases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-05-15T09:33:53-05:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 161639401 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JAMES P AND BRENDA S GRUSECKI FAMILY | BusinessNameLine1Txt |
| Business Name Line2 | FOUNDATION | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JAME | BusinessNameControlTxt |
| Phone | 7085428751 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 840 NORTH LAKE SHORE DR 2301 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606112490 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES P GRUSECKI | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7085428751 | PhoneNum |
| Signature | 2024-05-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | GRUSECKI | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KIMBERLY A HAUMANN | PreparerPersonNm |
| PTIN | P00546491 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2024-05-15 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $31,203,519 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $1,555,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $21,171 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $21,171 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $273,102 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $273,102 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,852,526 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $9,249,888 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,852,526 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $4,701,799 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,146,799 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,240 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,240 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $94,352 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $9,354 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $24,999 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,299 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $15 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $15 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $128,606 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $26,893 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $15 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,545,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,545,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,673,606 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $26,893 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,545,015 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,028,193 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $3,119,906 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1 | CashEOYAmt |
| Cash EOYFMV | $1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $144,306 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $56,644 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $56,644 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl BOY | $9,587 | AcctRcvblBOYAmt |
| Other Investments BOY | $24,810,465 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $31,146,874 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $31,146,874 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $24,964,358 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,203,519 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $31,203,519 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $20,643 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $55,924 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $20,643 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $55,924 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $24,943,715 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $31,147,595 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $24,943,715 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,147,595 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $24,964,358 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,203,519 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $24,943,715 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,028,193 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,175,687 | OtherIncreasesAmt |
| Subtotal | $31,147,595 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $31,147,595 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (16 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| INVESCO DISCOVERY MID-CAP GROWTH FUND | P | 2023-12-28 | $772,206 | $787,048 | -$14,842 | -$14,842 |
| DOUBLELINE CORE FIXED INCOME FUND | P | 2023-05-23 | $223,180 | $248,215 | -$25,035 | -$25,035 |
| DOUBLELINE CORE FIXED INCOME FUND | P | 2023-05-23 | $8,252 | $8,324 | -$72 | -$72 |
| VANGUARD WELLESLEY I NCOME FUND | P | 2023-12-19 | $61,090 | $60,259 | $831 | $831 |
| VANGUARD SMALL-CAP I NDEX FUND | P | 2023-12-19 | $3,068 | $2,686 | $382 | $382 |
| INVESCO QQQ TR UNIT | P | 2023-12-19 | $1,263,500 | $230,602 | $1,032,898 | $1,032,898 |
| INVESCO EXCHANGE-TRA DED FD TR S&P 500 | P | 2023-12-19 | $633,365 | $210,574 | $422,791 | $422,791 |
| SPDR S&P 500 ETF TR | P | 2023-12-19 | $543,358 | $499,716 | $43,642 | $43,642 |
| SELECT SECTOR SPDR TR HEALTH CARE | P | 2023-12-19 | $392,420 | $189,411 | $203,009 | $203,009 |
| SELECT SECTOR SPDR T R CONSUMER STAPLES | P | 2023-12-19 | $468,809 | $499,337 | -$30,528 | -$30,528 |
| VANGUARD BALANCED INDEX FUND | P | 2023-12-19 | $1,352,936 | $1,192,085 | $160,851 | $160,851 |
| VANGUARD WELLESLEY I NCOME FUND | P | 2023-12-19 | $773,216 | $788,405 | -$15,189 | -$15,189 |
| VANGUARD SCOTTSDALE FDS VANGUARD SHORT | P | 2023-12-19 | $282,186 | $299,312 | -$17,126 | -$17,126 |
| VANGUARD SMALL-CAP I NDEX FUND | P | 2023-12-19 | $175,781 | $83,886 | $91,895 | $91,895 |
| VANGUARD INDEX FDS V ANGUARD GROWTH ETF | P | 2023-12-19 | $1,619,687 | $1,297,502 | $322,185 | $322,185 |
| CAPITAL GAINS DIVIDENDS | P | $676,834 | $676,834 | $676,834 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,852,526 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $43,367 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $43,367 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $43,367 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $16,700 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $16,700 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $1,285 | EsPenaltyAmt |
| Tax Due | $27,952 | TaxDueAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | 0 | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | JAMES P GRUSECKI | IndividualWithBooksNm |
| Phone | 7085428751 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 840 NORTH LAKE SHORE DR 2301 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606112490 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| JAMES P GRUSECKI | ||||||||
| 840 N LAKE SHORE DRIVE | CHICAGO | IL | 606112490 | PRES/TRES/DIR | 16.00 | $0 | $0 | $0 |
| BRENDA S GRUSECKI | ||||||||
| 840 N LAKE SHORE DRIVE | CHICAGO | IL | 606112490 | VP/SEC/DIR | 16.00 | $0 | $0 | $0 |
| ROBERT D TUERK | ||||||||
| 946 JACKSON AVE | RIVER FOREST | IL | 603051416 | DIRECTOR | 8.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROCKEFELLER PHILANTHROPY ADVISORS | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 W MADISON ST 3RD FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADVISORY SERVICES | ServiceTypeTxt |
| Compensation | $84,998 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $27,403,738 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $955,809 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $28,359,547 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $28,359,547 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $425,393 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $27,934,154 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,396,708 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,396,708 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $43,367 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $43,367 | TotalTaxAmt |
| Distributable Before Adj | $1,353,341 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,353,341 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,353,341 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,545,015 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,545,015 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,353,341 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $227,711 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $321,416 | ExcessDistributionCyovYr3Amt |
| Total Excess Distribution Cyov | $549,127 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,545,015 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,353,341 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $191,674 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $740,801 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $740,801 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $227,711 | ExcessFromYear4Amt |
| Excess From Year3 | $321,416 | ExcessFromYear3Amt |
| Excess From Current Year | $191,674 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JAMES P GRUSECKI | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (55 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| AMERICAN BLUES THEATER | ||||||
| 4809 N RAVENSWOOD | CHICAGO | IL | 60640 | PC | GENERAL OPERATIONS | $15,000 |
| CHICAGO SHAKESPEARE THEATER | ||||||
| 800 E GRAND AVE | CHICAGO | IL | 60611 | PC | GENERAL OPERATIONS | $40,000 |
| GOODMAN THEATRE | ||||||
| 170 N DEARBORN ST | CHICAGO | IL | 60601 | PC | GENERAL OPERATIONS | $30,000 |
| PORCHLIGHT MUSIC THEATRE | ||||||
| 4200 W DIVERSEY | CHICAGO | IL | 60639 | PC | GENERAL OPERATIONS | $40,000 |
| REMY BUMPPO | ||||||
| 3759 N RAVENSWOOD | CHICAGO | IL | 60613 | PC | GENERAL OPERATIONS | $50,000 |
| THEATRE ASPEN | ||||||
| 110 E HALLAM ST | ASPEN | CO | 81611 | PC | SEASON SPONSORSHIP | $50,000 |
| TIMELINE THEATRE | ||||||
| 615 W WELLINGTON | CHICAGO | IL | 60657 | PC | GENERAL OPERATIONS | $30,000 |
| WBEZCHICAGO PUBLIC MEDIA | ||||||
| 848 E GRAND AVE | CHICAGO | IL | 60611 | PC | GENERAL OPERATIONS | $30,000 |
| WTTWWFMT | ||||||
| 5400 N ST LOUIS | CHICAGO | IL | 60625 | PC | GENERAL OPERATIONS | $30,000 |
| SHATTERED GLOBE THEATRE | ||||||
| 770 N HALSTED ST | CHICAGO | IL | 60642 | PC | GENERAL OPERATIONS | $40,000 |
| 826CHI | ||||||
| 1276 N MILWAUKEE AVE | CHICAGO | IL | 60622 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $30,000 |
| ALL VOTING IS LOCAL | ||||||
| 11 DUPONT CIRCLE NW SUITE 575 | WASHINGTON | DC | 20036 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| AMERICAN BLUES THEATER | ||||||
| 4809 N RAVENSWOOD | CHICAGO | IL | 60640 | PC | WELLNESS | $10,000 |
| BREAKTHROUGH URBAN MINISTRIES | ||||||
| 402 N ST LOUIS AVE | CHICAGO | IL | 60624 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| CARA COLLECTIVE | ||||||
| 237 S DES PLAINES | CHICAGO | IL | 60661 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| CATHOLIC CHARITIES OF THE ARCHDIOCESE OF CHICAGO | ||||||
| 721 N LA SALLE ST | CHICAGO | IL | 60654 | PC | PER AWARD LETTER | $45,000 |
| CATHOLIC PARISHES OF OAK PARK | ||||||
| 711 S ELMWOOD AVE | OAK PARK | IL | 60302 | PC | MIGRANT MINISTRY | $5,000 |
| CHICAGO FOUNDATION FOR WOMEN | ||||||
| 1 EAST UPPER WACKER DR | CHICAGO | IL | 60601 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| CHICAGO JESUIT ACADEMY | ||||||
| 5058 W JACKSON BLVD | CHICAGO | IL | 60644 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $35,000 |
| CHICAGO SHAKESPEARE THEATER | ||||||
| 800 E GRAND AVE | CHICAGO | IL | 60611 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| CHILDREN'S LITERACY INITIATIVE | ||||||
| 641 W LAKE ST | CHICAGO | IL | 60661 | PC | CHICAGO PROGRAMMING & WELLNESS | $30,000 |
| CONNECTION FOR ABUSED WOMEN & CHILDREN | ||||||
| 1116 N KEDZIE 5TH FL | CHICAGO | IL | 60651 | PC | GENERAL OPERATING SUPPORT | $5,000 |
| CROSSROADS FUND | ||||||
| 3411 W DIVERSEY | CHICAGO | IL | 60647 | PC | GENERAL OPERATING SUPPORT | $30,000 |
| DEBORAH'S PLACE | ||||||
| 2822 W JACKSON BLVD | CHICAGO | IL | 606123626 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| EARTH ISLAND | ||||||
| 2150 ALLSTON WAY | BERKELEY | CA | 94704 | PC | CALCAN | $15,000 |
| ENGLISH IN ACTION | ||||||
| PO BOX 4856 | BASALT | CO | 81621 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $15,000 |
| GOLDEN APPLE FOUNDATION | ||||||
| 8 SOUTH MICHIGAN AVE | CHICAGO | IL | 606033463 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $45,000 |
| GOODMAN THEATRE | ||||||
| 170 N DEARBORN ST | CHICAGO | IL | 60601 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| INGENUITY INCORPORATED CHICAGO | ||||||
| 11 E HUBBARD ST | CHICAGO | IL | 60611 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $35,000 |
| LA CASA NORTE | ||||||
| 3533 W NORTH AVE | CHICAGO | IL | 60647 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| LITTLE BLACK PEARL WORKSHOP | ||||||
| 1060 E 47TH ST | CHICAGO | IL | 60653 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $30,000 |
| LUTHERAN CHILD & FAMILY SERVICES OF ILLINOIS | ||||||
| 7620 MADISON ST | RIVER FOREST | IL | 60305 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $35,000 |
| MARWEN | ||||||
| 833 N ORLEANS ST | CHICAGO | IL | 60610 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $30,000 |
| MERIT SCHOOL OF MUSIC | ||||||
| 38 S PEORIA ST | CHICAGO | IL | 60607 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| MIDWEST ACCESS COALITION | ||||||
| PO BOX 408363 | CHICAGO | IL | 60640 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $35,000 |
| MIDWEST ACCESS PROJECT | ||||||
| PO BOX 13173 | CHICAGO | IL | 60613 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $35,000 |
| MIKVA CHALLENGE GRANT FOUNDATION INC | ||||||
| 200 S MICHIGAN AVE | CHICAGO | IL | 60604 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $30,000 |
| NEW MOMS | ||||||
| 5317 W CHICAGO AVE | CHICAGO | IL | 60651 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| NEW TEACHER CENTER | ||||||
| 725 FRONT ST | SANTA CRUZ | CA | 95060 | PC | CHICAGO AND OAK PARK PROGRAMMING & WELLNESS | $50,000 |
| PLANNED PARENTHOOD OF ILLINOIS | ||||||
| 18 S MICHIGAN AVE | CHICAGO | IL | 60603 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $40,000 |
| PORCHLIGHT MUSIC THEATRE | ||||||
| 4200 W DIVERSEY | CHICAGO | IL | 60639 | PC | WELLNESS | $10,000 |
| REMY BUMPPO | ||||||
| 3759 N RAVENSWOOD | CHICAGO | IL | 60613 | PC | WELLNESS | $10,000 |
| SHATTERED GLOBE | ||||||
| 770 N HALSTED ST | CHICAGO | IL | 60642 | PC | WELLNES | $10,000 |
| START EARLY | ||||||
| 33 W MONROE | CHICAGO | IL | 60603 | PC | GENERAL OPERATING SUPPORT | $50,000 |
| THE LEARNING CENTER (HOUSE OF CONNECTIONS) | ||||||
| 2153 S MILLARD | CHICAGO | IL | 60623 | PC | GENERAL OPERATING SUPPORT | $10,000 |
| THE READER INSTITUTE FOR COMMUNITY JOURNALISM | ||||||
| 2930 S MICHIGAN AVE | CHICAGO | IL | 60616 | PC | ARTS & CULTURE COVERAGE | $25,000 |
| THE TRUSTEES OF THE UNIVERSITY OF PENNSYLVANIA | ||||||
| 2929 WALNUT ST | PHILADELPHIA | PA | 19104 | PC | ALAN R. BRAXTON MEMORIAL FELLOWSHIP | $5,000 |
| THRESHOLDS | ||||||
| 4101 N RAVENSWOOD AVE | CHICAGO | IL | 60613 | PC | THE VETERANS PROJECT & WELLNESS | $50,000 |
| THRIVE COUNSELING CENTER | ||||||
| 120 S MARION ST | OAK PARK | IL | 60302 | PC | GENERAL OPERATING SUPPORT & WELLNESS | $35,000 |
| TIDES FOUNDATION | ||||||
| 1012 TOURNEY AVE | SAN FRANCISCO | CA | 94129 | PC | MOVEMENT VOTER PROJECT | $20,000 |
| TIMELINE THEATER | ||||||
| 615 W WELLINGTON | CHICAGO | IL | 60657 | PC | WELLNESS | $10,000 |
| UNIVERSITY OF ST THOMAS | ||||||
| 2115 SUMMIT AVE | ST PAUL | MN | 551051096 | PC | JAMES GRUSECKI CLASS OF 1966 ENDOWED SCHOLARSHIP FUND | $10,000 |
| VOTER PARTICIPATION CENTER | ||||||
| 1707 L STREET NW | WASHINGTON | DC | 20036 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| WBEZCHICAGO PUBLIC MEDIA | ||||||
| 848 E GRAND AVE | CHICAGO | IL | 60611 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| WTTWWFMT | ||||||
| 5400 N ST LOUIS | CHICAGO | IL | 60625 | PC | GENERAL OPERATING SUPPORT | $20,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,545,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $21,171 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $273,102 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,852,526 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,146,799 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,146,799 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JAMES P GRUSECKI | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 840 N LAKE SHORE DRIVE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606112490 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,555,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING AND LEGAL | CategoryTxt |
| Amt | $9,240 | Amt |
| Net Investment Income | $9,240 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (7 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| INVESCO | FMV | $966,059 | $966,059 |
| TEMPLETON GLOBAL FUND | FMV | $909,680 | $909,680 |
| FRANKLIN DYNA TECH FUND | FMV | $5,098,426 | $5,098,426 |
| FRANKLIN GROWTH FUND | FMV | $8,051,245 | $8,051,245 |
| AMERICAN FUNDS - CASH MGMT | FMV | $5,917,396 | $5,917,396 |
| CETERA FINANCIAL SPECIALISTS | FMV | $7,655,124 | $7,655,124 |
| PERSHING | FMV | $2,548,944 | $2,548,944 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | IL CHARITY BUREAU | Desc |
| Revenue And Expenses Per Books | $15 | RevenueAndExpensesPerBooksAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $15 | DisbursementsCharitablePrpsAmt |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | CHANGE IN UNREALIZED GAIN/LOSS | Desc |
| Amt | $3,175,687 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| CONSULTING | $84,998 | $0 | $0 |
| INVESTMENT MANAGEMENT FEES | $9,354 | $9,354 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAXES | $16,700 | $0 | $0 |
| FOREIGN TAXES | $8,299 | $8,299 | $0 |