JOSEPH & GENE SWEDISH FAMILY FOUNDATION INC: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH & GENE SWEDISH FAMILY FOUNDATION INC (EIN 81-3371846)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-11
- IRS object ID
- 202423169349102232
- Schema version
- 2023v5.1
- 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
- Form 990-PF
- Schedule B
- Accounting Fees Schedule
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-11T16:10:24-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIEDMAN & HUEY ASSOC LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20940 S FRANKFORT SQUARE RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | 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 | 813371846 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH & GENE SWEDISH FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % FRIEDMAN & HUEY ASSOCIATES L | InCareOfNm |
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 7087996800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH LLP 20940 S FRANKFORT SQ RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH SWEDISH | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7087996800 | PhoneNum |
| Signature | 2024-05-07 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SYLWIA NAZAR | PreparerPersonNm |
| PTIN | P01359341 | PTIN |
| Phone | 7087996800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $52,340,496 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $998,605 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $745,968 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $745,968 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,397,923 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $8,749,883 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,397,923 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$48,599 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$60,006 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,093,897 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,083,885 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Accounting Fees Rev And Expnss | $16,000 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $8,000 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Adj Net Incm | $0 | AccountingFeesAdjNetIncmAmt |
| Accounting Fees Chrtbl Prps | $8,000 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $289,037 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $289,037 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $31,199 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $10,546 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $4,747 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $4,747 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $340,983 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $312,330 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $8,000 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,416,200 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,416,200 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,757,183 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $312,330 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,424,200 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $336,714 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,771,555 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $2,738,810 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $744,875 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $744,875 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $477,272 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $1,892,331 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $1,908,884 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $23,905,072 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,403,442 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $43,766,538 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,988,900 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,838,723 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,849,575 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $1,957,685 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,739,541 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $3,066,716 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $1,754 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,908 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,908 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $32,069,493 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,622,820 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $52,340,496 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $32,069,493 | CapitalStockBOYAmt |
| Capital Stock EOY | $31,622,820 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $32,069,493 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,622,820 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $32,069,493 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,622,820 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $32,069,493 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $336,714 | ExcessRevenueOverExpensesAmt |
| Subtotal | $32,406,207 | SubtotalAmt |
| Other Decreases | $783,387 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $31,622,820 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (24 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| MS #1286-745 | P | $491,550 | $491,818 | -$254 | -$268 | ||
| MS #1286-745 | P | $663,505 | $165,617 | $497,888 | $497,888 | ||
| MS #1570-745 | P | $803,147 | $910,891 | -$107,744 | -$107,744 | ||
| MS #1570-745 | P | $2,161,498 | $1,872,422 | $289,076 | $289,076 | ||
| MS #1571-745 | P | $21,964 | $21,620 | $344 | $344 | ||
| MS #1571-745 | P | $203,281 | $200,456 | $2,919 | $2,825 | ||
| MS #1572-745 | P | $290,650 | $379,495 | -$88,845 | -$88,845 | ||
| MS #1572-745 | P | $1,591,440 | $898,362 | $693,078 | $693,078 | ||
| MS #1573-745 | P | $747,341 | $766,656 | -$19,315 | -$19,315 | ||
| MS #1574-745 | P | $841,336 | $876,479 | -$31,408 | -$35,143 | ||
| MS #1574-745 | P | $768,910 | $614,349 | $164,634 | $154,561 | ||
| 11,193.536 SHS BREIT | P | $163,542 | $167,711 | -$4,169 | -$4,169 | 2022-08-01 | 2023-10-31 |
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 | |||||
| CAPITAL GAIN DIVIDENDS | P | $1,719 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,397,923 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $24,625 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $24,625 | SubtotalAmt |
| Tax Based On Investment Income | $24,625 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,423 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $10,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $37,423 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $12,798 | OverpaymentAmt |
| Applied To ES Tax | $12,798 | AppliedToESTaxAmt |
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 | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | 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 | FRIEDMAN & HUEY ASSOCIATES LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7087996800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20940 S FRANKFORT SQUARE ROAD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | 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 | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| 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 (5 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| GENE SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| JOSEPH IAN SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| JAMES EVAN SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| ERIN SWEDISH BRACKEN | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 NEW YORK PLAZA 40TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT SERVICES | ServiceTypeTxt |
| Compensation | $289,037 | CompensationAmt |
| 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 | $48,373,708 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,115,968 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $49,489,676 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $49,489,676 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $742,345 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $48,747,331 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,437,367 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,437,367 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $24,625 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $24,625 | TotalTaxAmt |
| Distributable Before Adj | $2,412,742 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,412,742 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,412,742 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,424,200 | 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 | $2,424,200 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,412,742 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,415,925 | UndistributedIncomePYAmt |
| Prior Year1 | 2021 | PriorYear1Yr |
| Prior Year2 | 2020 | PriorYear2Yr |
| Prior Year3 | 2019 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,424,200 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,415,925 | AppliedToYear1Amt |
| Applied To Current Year | $8,275 | 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 |
| Undistributed Income CY | $2,404,467 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOSEPH GENE SWEDISH | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH LLP 20940 S FRANKFORT SQ RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL CHARITABLE PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $2,416,200 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,416,200 | 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 | $745,968 | 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 | $1,397,923 | 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 (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|
| P-SHIP INCOME | 01 | -$60,006 | |
| INCOME REPORTED ON 990T | $11,407 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $11,407 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,083,885 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,095,292 | TotalIncomeProducingActyAmt |
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 |
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 | JOSEPH GENE SWEDISH | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH LLP 20940 S FRANKFORT SQ RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $998,605 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 5,741 SHS AUTONATION INC | $857,217 | 2023-12-19 |
| 1 | 553 SHS TESLA INC | $141,388 | 2023-12-19 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $16,000 | Amt |
| Net Investment Income | $8,000 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $8,000 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MS #1573-745 | BondNm |
| EOY Book Value | $2,838,723 | EOYBookValueAmt |
| EOYFMV | $2,849,575 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (5 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MS #1286-745 | $0 | $0 |
| MS #1570-745 | $10,851,885 | $21,620,965 |
| MS #1571-745 | $671,812 | $683,086 |
| MS #1572-745 | $3,362,167 | $7,031,642 |
| MS #1574-745 | $8,517,578 | $14,430,845 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $1,892,331 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $1,908,884 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (12 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NHCP VII | AT COST | $198,371 | $321,654 |
| PE PREMR OAKTREE XI | AT COST | $576,978 | $635,973 |
| ARES SME | AT COST | $263,724 | $265,458 |
| ICAP MILLENIUM LTD | AT COST | $500,000 | $558,664 |
| NHEE IX OFFSHORE FEEDER LP | AT COST | $257,079 | $224,880 |
| KKR GLOBAL INFASTRUCTURE IV | AT COST | $283,634 | $305,051 |
| KKR NA FUND XIII | AT COST | $135,188 | $147,268 |
| NH EXPANSION CREDIT II | AT COST | $278,801 | $306,723 |
| BREIT CL I | AT COST | $69,841 | $78,693 |
| CORTLAND ENHANCED VALUE VI | AT COST | $59,369 | $119,174 |
| PREMIER BREP X OFFSHORE | $53,236 | $35,272 | |
| KKR NGT GRWOTH FUND III | $63,320 | $67,906 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND RECEIVABLE | $0 | $71 | $71 |
| ACCRUED INTEREST | $1,754 | $3,837 | $3,837 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS | $0 |
| FOR STOCK DONATED TO THE FOUNDATION | $783,387 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| NHCP VII FEES | $3,941 | $3,941 |
| NH EXPANSION CREDIT II FEES | $806 | $806 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ARES SME FINANCE (OFFSHORE) LP | $6,242 | $6,242 |
| NORTH HAVEN CAPITAL PARTNERS VII | -$7,345 | -$7,345 |
| KKR GLOBAL INFRA IV PRIVATE INVESTORS | -$14,498 | -$14,498 |
| KKR NORTH AMERICA FUND XIII PRIVATE INV | -$7,582 | -$7,582 |
| KKR NGT GROWTH FUND III | -$25,630 | -$25,630 |
| CORTLAND ENHANCED VALUE FUND VI | -$218 | -$218 |
| OTHER INCOME | $432 | $432 |
| LESS INCOME REPORTED ON 990T | -$11,407 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $289,037 | Amt |
| Net Investment Income | $289,037 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $10,546 | $10,546 |
| FEDERAL TAXES - 990PF | $20,000 | |
| FEDERAL TAXES - 990T | $653 |