THE OWENS FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- THE OWENS FOUNDATION (EIN 36-3429160)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-04
- IRS object ID
- 202433099349100418
- 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
- Accounting Fees Schedule
- Gain Loss Sale Other Assets Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- 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 | 2024-11-04T06:36:27-08:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 464218918 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS J DWYER & ASSOCIATES LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 400 LATHROP AVENUE | AddressLine1Txt |
| City | RIVER FOREST | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60305 | 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 | 363429160 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THOMAS M AND MARY M OWENS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | THOM | BusinessNameControlTxt |
| Phone | 7083618845 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7804 COLLEGE DRIVE | AddressLine1Txt |
| City | PALOS HEIGHTS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60463 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MARY M OWENS | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 7083618845 | PhoneNum |
| Signature | 2024-10-03 | 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 | THOMAS J DWYER JR CPA JD | PreparerPersonNm |
| PTIN | P01450993 | PTIN |
| Phone | 3127865946 | PhoneNum |
| Preparation | 2024-11-04 | PreparationDt |
| 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 | $17,926,316 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $447,740 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $447,740 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $198,657 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $198,657 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $341,711 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,157,754 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $341,711 | CapGainNetIncmNetInvstIncmAmt |
| Net ST Capital Gain Adj Net Incm | $0 | NetSTCapitalGainAdjNetIncmAmt |
| Gross Profit Rev And Expnss | $0 | GrossProfitRevAndExpnssAmt |
| Other Income Rev And Expnss | -$123,957 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$123,957 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $864,151 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $864,151 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $228,750 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $205,875 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $22,875 | CompOfcrDirTrstDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $141,135 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $127,022 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $14,113 | PensionEmplBnftDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $4,855 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,369 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $486 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $2,025 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $1,822 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $203 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $53,509 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $53,509 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $22,543 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $20,759 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $1,784 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $0 | DeprecAndDpltnRevAndExpnssAmt |
| Occupancy Rev And Expnss | $24,300 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $21,870 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $2,430 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $1,789 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $1,610 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $179 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $17,005 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $12,830 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $4,175 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $495,911 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $449,666 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $46,245 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,204,304 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,204,304 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,700,215 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $449,666 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,250,549 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$836,064 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $414,485 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $370,813 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $217,653 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $217,653 | SavAndTempCashInvstEOYFMVAmt |
| Rcvbl From Officers EOY | $0 | RcvblFromOfficersEOYAmt |
| Other Nts And Loans Rcvbl EOY | $0 | OtherNtsAndLoansRcvblEOYAmt |
| Corporate Stock BOY | $7,549,452 | CorporateStockBOYAmt |
| Corporate Stock EOY | $6,543,192 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $9,114,656 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $103,356 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $0 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $0 | CorporateBondsEOYFMVAmt |
| Land Bldg Investments EOY | $0 | LandBldgInvestmentsEOYAmt |
| Other Investments BOY | $6,914,131 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $6,260,769 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $7,572,202 | OtherInvestmentsEOYFMVAmt |
| Land EOY | $0 | LandEOYAmt |
| Other Assets BOY | $1,027,836 | OtherAssetsBOYAmt |
| Other Assets EOY | $1,021,805 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $1,021,805 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $15,965,588 | TotalAssetsBOYAmt |
| Total Assets EOY | $14,043,419 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $17,926,316 | TotalAssetsEOYFMVAmt |
| Loans From Officers EOY | $0 | LoansFromOfficersEOYAmt |
| Mortgages And Notes Payable EOY | $0 | MortgagesAndNotesPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $15,965,588 | CapitalStockBOYAmt |
| Capital Stock EOY | $14,043,419 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $15,965,588 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $14,043,419 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $15,965,588 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $14,043,419 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $15,965,588 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$836,064 | ExcessRevenueOverExpensesAmt |
| Other Increases | $6,031 | OtherIncreasesAmt |
| Subtotal | $15,135,555 | SubtotalAmt |
| Other Decreases | $1,092,136 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $14,043,419 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| BNY MELLON(X4110) - SHORT | P | 2023-01-01 | 2023-12-31 | $1,713,472 | $0 | $1,717,725 | -$4,253 | $0 | $0 | $0 | -$4,253 |
| BNY MELLON(X4110) - LONG | P | 2022-01-01 | 2023-12-31 | $2,074,356 | $0 | $1,576,067 | $498,289 | $0 | $0 | $0 | $498,289 |
| BNY MELLON(X4120) - SHORT | P | 2023-01-01 | 2023-12-31 | $108,444 | $0 | $105,220 | $3,224 | $0 | $0 | $0 | $3,224 |
| BNY MELLON(X4120) - LONG | P | 2022-01-01 | 2023-12-31 | $257,941 | $0 | $275,693 | -$17,752 | $0 | $0 | $0 | -$17,752 |
| K-1 TWIN LAKE TOTAL RETURN(30-0159993) - SHORT | P | 2023-01-01 | 2023-12-31 | $0 | $0 | $41,932 | -$41,932 | $0 | $0 | $0 | -$41,932 |
| K-1 TWIN LAKE TOTAL RETURN(30-0159993) - LONG | P | 2022-01-01 | 2023-12-31 | $0 | $0 | $89,739 | -$89,739 | $0 | $0 | $0 | -$89,739 |
| K-1 BW CAP(20-5849656) - LONG | P | 2022-01-01 | 2023-12-31 | $0 | $0 | $8,580 | -$8,580 | $0 | $0 | $0 | -$8,580 |
| FUGIO XI PE (84-4279634) - LONG | P | 2022-01-01 | 2023-12-31 | $782 | $0 | $0 | $782 | $0 | $0 | $0 | $782 |
| FUGIO XI VC (84-4278479) - SHORT | P | 2023-01-01 | 2023-12-31 | $717 | $0 | $0 | $717 | $0 | $0 | $0 | $717 |
| FUGIO XI VC (84-4278479) - LONG | P | 2022-01-01 | 2023-12-31 | $0 | $0 | $1,083 | -$1,083 | $0 | $0 | $0 | -$1,083 |
| FUGIO XII PE (87-3242515)- SHORT | P | 2023-01-01 | 2023-12-31 | $119 | $0 | $0 | $119 | $0 | $0 | $0 | $119 |
| FUGIO XII PE (87-3242515)- LONG | P | 2022-01-01 | 2023-12-31 | $1,898 | $0 | $0 | $1,898 | $0 | $0 | $0 | $1,898 |
| FUGIO XII VC (87-3271715) - SHORT | P | 2023-01-01 | 2023-12-31 | $0 | $0 | $4 | -$4 | $0 | $0 | $0 | -$4 |
| FUGIO XII VC (87-3271715) - LONG | P | 2022-01-01 | 2023-12-31 | $25 | $0 | $0 | $25 | $0 | $0 | $0 | $25 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $341,711 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$42,129 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $5,761 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $5,761 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $5,761 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $27,566 | EstimatedPlusOvpmtIncmTxAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $27,566 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$27,566 | OriginalReturnOverpaymentAmt |
| Overpayment | $21,805 | OverpaymentAmt |
| Applied To ES Tax | $21,805 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | 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 |
| Individual With Books | MARY M OWENS PRESIDENT | IndividualWithBooksNm |
| Phone | 7083618845 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7804 COLLEGE DRIVE | AddressLine1Txt |
| City | PALOS HEIGHTS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60463 | 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 | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| 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 |
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 |
|---|---|---|---|---|---|---|---|---|
| MARY M OWENS | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | PRES SEC DIR | 5.00 | $0 | $0 | $0 |
| THOMAS M OWENS JR | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 5.00 | $0 | $0 | $0 |
| JULIE OWENS BURNS | ||||||||
| 7804 COLLEGE DRIVE | EVERGREEN PARK | IL | 60463 | DIRECTOR | 35.00 | $130,000 | $0 | $0 |
| SHARON OWENS | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 10.00 | $30,000 | $0 | $0 |
| KATIE M MULCAHY | ||||||||
| 7804 COLLEGE DRIVE | PALOS HEIGHTS | IL | 60463 | DIRECTOR | 20.00 | $68,750 | $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 | BNY MELLON WEALTH MANAGEMENT | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | ONE NORTH FRANKLIN STREET SUITE 900 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORS | ServiceTypeTxt |
| Compensation | $53,509 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $16,090,992 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $184,027 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $292,405 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $16,567,424 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $16,567,424 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $248,511 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $16,318,913 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $815,946 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $815,946 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $5,761 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $5,761 | TotalTaxAmt |
| Distributable Before Adj | $810,185 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $810,185 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $810,185 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,250,549 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,250,549 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $810,185 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Excess Distribution Cyov Yr5 | $261,599 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,013,625 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,330,582 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,259,860 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $409,505 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $4,275,171 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,250,549 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $810,185 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $440,364 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $4,715,535 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $261,599 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $4,453,936 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,013,625 | ExcessFromYear4Amt |
| Excess From Year3 | $1,330,582 | ExcessFromYear3Amt |
| Excess From Year2 | $1,259,860 | ExcessFromYear2Amt |
| Excess From Year1 | $409,505 | ExcessFromYear1Amt |
| Excess From Current Year | $440,364 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Shareholder Manager | NONE | 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 | STATEMENT | AddressLine1Txt |
| City | PALOS HEIGHTS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60463 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | 501(c)(3) | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL | GrantOrContributionPurposeTxt |
| Amt | $1,204,304 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,204,304 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $447,740 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $198,657 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $341,711 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (13 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| TAX REFUNDS | 14 | $0 |
| TWIN LAKE TOT. RET. QP | 14 | -$133,384 |
| BW CAPITAL DISTRIBUTION | 14 | $0 |
| BNY CLASS ACTION SETTLEMENT | 14 | $2 |
| BNY NON-DIVIDEND DISTRIBUTION | 14 | $622 |
| BW CO-INVESTMENT PARTNERS, LLC | 14 | |
| BW CAPITAL PARTNERS, LP | 14 | $13,319 |
| WATERTON RESIDENTIAL LP | 14 | -$2,619 |
| FUGIO XI PE | 14 | -$1,960 |
| FUGIO XI VC | 14 | $73 |
| FUGIO XII PE | 14 | -$18 |
| FUGIO XII VC | 14 | $52 |
| FUGIO IMPACT | 14 | -$44 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $864,151 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $864,151 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Line Number | N/A | LineNumberTxt |
| Relationship Statement | - | RelationshipStatementTxt |
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 | MCGREAL & COMPANY, PC. ACCOUNTING/PAYROLL | CategoryTxt |
| Amt | $2,025 | Amt |
| Net Investment Income | $1,822 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $203 | DisbursementsCharitablePrpsAmt |
Gain Loss Sale Other Assets Sch GainLossSaleOtherAssetsSch
Gain Loss Sale Other Asset GainLossSaleOtherAssetGrp (14 entries)
| AssetAssetDesc | AcquiredAcquiredDt | How AcquiredHowAcquiredTxt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | BasisBasisAmt | Total NetTotalNetAmt |
|---|---|---|---|---|---|---|
| VARIOUS | ||||||
| BNY MELLON(X4110)- SHORT | 2023-01 | Purchased | 2023-12 | $1,713,472 | $1,717,725 | -$4,253 |
| VARIOUS | ||||||
| BNY MELLON(X4110)- LONG | 2022-01 | Purchased | 2023-12 | $2,074,356 | $1,576,067 | $498,289 |
| VARIOUS | ||||||
| BNY MELLON(X4120)- SHORT | 2023-01 | Purchased | 2023-12 | $108,444 | $105,220 | $3,224 |
| VARIOUS | ||||||
| BNY MELLON(X4120)- LONG | 2022-01 | Purchased | 2023-12 | $257,941 | $275,693 | -$17,752 |
| VARIOUS | ||||||
| K-1 TWIN LAKE TOTAL RETURN(FEIN: 30-0159993)-SHORT | 2023-01 | Purchased | 2023-12 | $0 | $41,932 | -$41,932 |
| VARIOUS | ||||||
| K-1 TWIN LAKE TOTAL RETURN(FEIN: 30-0159993)-LONG | 2022-01 | Purchased | 2023-12 | $0 | $89,739 | -$89,739 |
| VARIOUS | ||||||
| BW CAP | 2022-01 | Purchased | 2023-12 | $0 | $8,580 | -$8,580 |
| VARIOUS | ||||||
| FUGIO XI PE (84-4279634) - LONG | 2022-01 | Purchased | 2023-12 | $782 | $0 | $782 |
| VARIOUS | ||||||
| FUGIO XI VC (84-4278479) - SHORT | 2023-01 | Purchased | 2023-12 | $717 | $0 | $717 |
| VARIOUS | ||||||
| FUGIO XI VC (84-4278479) - LONG | 2022-01 | Purchased | 2023-12 | $0 | $1,083 | -$1,083 |
| VARIOUS | ||||||
| FUGIO XII PE(87-3242515) - SHORT | 2023-01 | Purchased | 2023-12 | $119 | $0 | $119 |
| VARIOUS | ||||||
| FUGIO XII PE(87-3242515) - LONG | 2022-01 | Purchased | 2023-12 | $1,898 | $0 | $1,898 |
| VARIOUS | ||||||
| FUGIO XII VC(87-3271715) - SHORT | 2023-01 | Purchased | 2023-12 | $0 | $4 | -$4 |
| VARIOUS | ||||||
| FUGIO XII VC(87-3271715) - SHORT | 2022-01 | Purchased | 2023-12 | $25 | $0 | $25 |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | BNY MELLON WEALTH MANAGEMENT (10189004120) | BondNm |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BNY MELLON WEALTH MANAGEMENT (10189004110) | $6,543,192 | $9,114,656 |
| BNY MELLON WEALTH MANAGEMENT (10189004120) | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (13 entries)
| Category Or ItemCategoryOrItemTxt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| TWIN LAKE TOTAL RETURN QP PARTNERS, LP (FEIN: 30-0159993) | $4,689,295 | $5,710,595 |
| BW CO-INVESTMENT PARTNERS, LLC (FEIN: 26-1400867) | $34,649 | $13,303 |
| BW CAPITAL PARTNERS, LP (FEIN: 20-5849656) | $97,606 | $283,730 |
| BNY GLOBAL RE SEC | $255,444 | $254,383 |
| BOSTON PTRS RESEARCH FD | $26,588 | $23,658 |
| WATERTON RESIDENTIAL PROPERTY VENTURE XII, LP (FEIN: 46-3385708) | $283,027 | $283,027 |
| PLATINUM TAX EXEMPT | $422,685 | $454,520 |
| NEUBERGER BERMAN | $30,578 | $32,911 |
| FUGIO FUND XI PE | $143,401 | $190,476 |
| FUGIO FUND XI VC | $165,006 | $197,935 |
| FUGIO FUND XII PE | $27,751 | $33,059 |
| FUGIO FUND XII VC | $27,028 | $29,360 |
| FUGIO IMPACT LP | $57,711 | $65,245 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | THOMAS J. DWYER & ASSOC., INC. LEGAL/TAX PREPARATION | CategoryTxt |
| Legal Fees | $4,855 | LegalFeesAmt |
| Net Investment Income | $4,369 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $486 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| LOAN RECEIVABLE | $1,000,000 | $1,000,000 | $1,000,000 |
| PREPAID TAXES | $27,836 | $21,805 | $21,805 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (8 entries)
| DescDesc | AmtAmt |
|---|---|
| BW CAPITAL(20-5849656) | $2 |
| WATERTON RESIDENTIAL PROPERTY VENTURE(46-3385708) | $2 |
| FUGIO XI PE(84-4279634) | $5,960 |
| FUGIO XI VC (84-4278479) | $6,860 |
| FUGIO XII PE (87-3242515) | $2,334 |
| FUGIO XII VC (87-3271715) | $2,812 |
| FUGIO IMPACT (87-1560603) | $10,030 |
| UNREALIZED LOSS ON INVESTMENT | $1,064,136 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| REGISTRATION FEES | $599 | $0 | $599 |
| SUBSCRIPTIONS, REFERENCE | $2,150 | $0 | $2,150 |
| OFFICE SUPPLIES | $0 | $0 | $0 |
| POSTAGE & MAILING | $0 | $0 | $0 |
| TELECOMMUNICATIONS | $1,340 | $1,206 | $134 |
| INSURANCE | $1,439 | $1,295 | $144 |
| INVESTMENT EXPENSE | $10,846 | $9,761 | $1,085 |
| OFFICE EXPENSE | $631 | $568 | $63 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| BNY CLASS ACTION SETTLEMENT | $2 | $2 |
| BNY NON-DIVIDEND DISTRIBUTIONS | $622 | $622 |
| TWIN LAKE TOT. RET. QP | -$133,384 | -$133,384 |
| BW CAPITAL PARTNERS, LP | $13,319 | $13,319 |
| WATERTON RESIDENTIAL LP | -$2,619 | -$2,619 |
| FUGIO XI PE | -$1,960 | -$1,960 |
| FUGIO XI VC | $73 | $73 |
| FUGIO XII PE | -$18 | -$18 |
| FUGIO XII VC | $52 | $52 |
| FUGIO IMPACT | -$44 | -$44 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | NON-DEDUCTIBLE FEDERAL TAXES | Desc |
| Amt | $6,031 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BNY MELLON WEALTH MANAGEMENT (-4110) INVESTMENT | $52,061 | $52,061 | $0 |
| BNY MELLON WEALTH MANAGEMENT (-4120) INVESTMENT | $1,448 | $1,448 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PAYROLL TAXES | $17,838 | $16,054 | $1,784 |
| FOREIGN TAXES PAID | $4,705 | $4,705 | $0 |