SATTER FOUNDATION: Form 990PF, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- SATTER FOUNDATION (EIN 13-3936468)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-11
- IRS object ID
- 202433169349100423
- 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
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-11T09:31:19-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362469413 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | TOPEL FORMAN LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 N MICHIGAN AVE SUITE 1700 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | 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 | 133936468 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE SATTER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SATT | BusinessNameControlTxt |
| Phone | 3126420006 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 N MICHIGAN AVE STE 1700 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | MUNEER A SATTER | PersonNm |
| Person Title | TRUSTEE | PersonTitleTxt |
| Phone | 3126420006 | PhoneNum |
| Signature | 2024-10-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | THOMAS DRENNAN | PreparerPersonNm |
| PTIN | P00071232 | PTIN |
| Phone | 3126420006 | 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 | $9,216,393 | 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 | $0 | ContriRcvdRevAndExpnssAmt |
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Interest On Sav Rev And Expnss | $11,348 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $11,348 | InterestOnSavNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$388,813 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $517,296 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $38,920 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $58,130 | OtherIncomeNetInvstIncmAmt |
| Other Income Adj Net Incm | $0 | OtherIncomeAdjNetIncmAmt |
| Total Rev And Expnss | -$338,545 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $69,478 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $0 | TotalAdjNetIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Adj Net Incm | $0 | CompOfcrDirTrstAdjNetIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $141,746 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $0 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Adj Net Incm | $0 | OtherProfFeesAdjNetIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $141,746 | OtherProfFeesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $139,626 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $87,495 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Adj Net Incm | $0 | OtherExpensesAdjNetIncmAmt |
| Other Expenses Dsbrs Chrtbl | $52,131 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $281,372 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $87,495 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Adj Net Incm | $0 | TotOprExpensesAdjNetIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $193,877 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $131,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $131,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $412,372 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $87,495 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Adj Net Incm | $0 | TotalExpensesAdjNetIncmAmt |
| Total Expenses Dsbrs Chrtbl | $324,877 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$750,917 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $124,543 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $5,108 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $5,108 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $10,706,450 | CorporateStockBOYAmt |
| Corporate Stock EOY | $10,765,532 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $2,660,311 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $11,088,017 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $10,397,453 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $6,550,974 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $21,919,010 | TotalAssetsBOYAmt |
| Total Assets EOY | $21,168,093 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,216,393 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $21,919,010 | CapitalStockBOYAmt |
| Capital Stock EOY | $21,168,093 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $21,919,010 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $21,168,093 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $21,919,010 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $21,168,093 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $21,919,010 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$750,917 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $21,168,093 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $21,168,093 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (11 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| GOLDMAN SACHS 2023 ACTIVITY | P | 2023-01-01 | 2023-12-31 | $9,184 | $9,184 | $9,184 | |
| GOLDMAN SACHS 2023 DISTRIBUTION | P | 2023-01-01 | 2023-12-31 | $41,074 | $41,074 | $41,074 | |
| REMILE CAPITAL OFFSHORE | P | 2023-01-01 | 2023-12-31 | -$4,414 | -$4,414 | $4,414 | |
| GREAT POINT PARTNERS II | P | 2023-01-01 | 2023-12-31 | $347,355 | $347,355 | $347,355 | |
| GS MEZZANINE PMTS V PIA-PMD QP | P | 2023-01-01 | 2023-12-31 | -$523,021 | -$523,021 | $523,021 | |
| GS MEZZANINE PTRS 2006 PCP FUND | P | 2023-01-01 | 2023-12-31 | -$122,768 | -$122,768 | $122,768 | |
| ASSEMBLY BIOSCIENCES INC | P | 2023-01-01 | 2023-12-31 | -$255,906 | -$255,906 | $255,906 | |
| REDMILE CAPITAL OFFSHORE | P | 2023-01-01 | 2023-12-31 | $335 | $335 | $335 | |
| RCP OPPORTUNITY FUND II | P | 2023-01-01 | 2023-12-31 | $85,044 | $85,044 | $85,044 | |
| GS MBD | P | 2023-01-01 | 2023-12-31 | $34,182 | $34,182 | $34,182 | |
| RCP OPPORTUNITY FUND II | P | 2023-01-01 | 2023-12-31 | $122 | $122 | $122 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$388,813 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $0 | NetShortTermCapitalGainLossAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $0 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $0 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $0 | 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 | $0 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Tax Due | $0 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | TOPEL FORMAN LLC | IndividualWithBooksNm |
| Phone | 3126420006 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 500 N MICHIGAN AVE STE 1700 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | 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 | Yes (1) | 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 |
| Acts Fail To Qlfy As Exceptions | Yes (1) | ActsFailToQlfyAsExceptionsInd |
| 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 (4 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 |
|---|---|---|---|---|---|---|---|---|
| MUNEER A SATTER | ||||||||
| 676 N MICHIGAN AVE SUITE 4000 | CHICAGO | IL | 60611 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| KRISTEN HERTEL | ||||||||
| 676 N MICHIGAN AVE SUITE 4000 | CHICAGO | IL | 60611 | TRUSTEE | 1.00 | $0 | $0 | $0 |
| SATTER MANAGEMENT CO LP | ||||||||
| 676 N MICHIGAN AVE SUITE 4000 | CHICAGO | IL | 60611 | INVESTMENT MANAGEMENT SERVICE PROVIDER | 1.00 | $24,135 | $0 | $0 |
| SATTER INVESTMENT MANAGEMENT LLC | ||||||||
| 676 N MICHIGAN AVE SUITE 4000 | CHICAGO | IL | 60611 | INVESTMENT & ADMINISTRATION PROVIDER | 1.00 | $114,961 | $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 | ARABELLA ADVISORS LLC | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1201 CONNECTICUT AVE NW 300 | AddressLine1Txt |
| City | WASHINGTON | CityNm |
| State Abbreviation | DC | StateAbbreviationCd |
| ZIP | 20036 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | CONSULTING | ServiceTypeTxt |
| Compensation | $65,030 | 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 | $3,613,316 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $78,970 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $7,696,060 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $11,388,346 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $11,388,346 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $170,825 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $11,217,521 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $560,876 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $560,876 | MinimumInvestmentReturnAmt |
| Total Tax | $0 | TotalTaxAmt |
| Distributable Before Adj | $560,876 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $560,876 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $560,876 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $324,877 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $324,877 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $560,876 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $3,715,150 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $2,088,416 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $1,408,951 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $2,626,802 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $623,757 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $10,463,076 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $324,877 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $324,877 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $235,999 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $235,999 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $10,227,077 | 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 | $3,479,151 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,747,926 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $2,088,416 | ExcessFromYear4Amt |
| Excess From Year3 | $1,408,951 | ExcessFromYear3Amt |
| Excess From Year2 | $2,626,802 | ExcessFromYear2Amt |
| Excess From Year1 | $623,757 | ExcessFromYear1Amt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | MUNEER A SATTER | ContributingManagerNm |
| Contributing Manager | KRISTEN HERTEL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| DYNASTY PARTNERS | |||||||
| 4032 SPRUCE ST | PHILADELPHIA | PA | 19104 | NONE | PC | PROVIDING EDUCATIONAL OPPORTUNITIES | $50,000 |
| GEORGE W BUSH FOUNDATION | |||||||
| 2943 SMU BOULEVARD | DALLAS | TX | 75205 | NONE | PC | PROMOTING HUMAN RIGHTS & DEMOCRACY | $25,000 |
| INVEST FOR KIDS | |||||||
| 875 N MICHIGAN AVENUE SUITE 3400 | CHICAGO | IL | 60611 | NONE | PC | BUILDING FINANCIAL STABILITY & OPPORTUNITY | $5,000 |
| NAVY SEAL FOUNDATION | |||||||
| 1619 D STREET | VIRGINIA BEACH | VA | 23459 | NONE | PC | SUPPORTING & HONORING VETERANS | $1,000 |
| PRITZKER MILITARY MUSEUM & LIBRARY | |||||||
| 104 S MICHIGAN AVENUE | CHICAGO | IL | 60603 | NONE | PC | SUPPORTING & HONORING VETERANS | $10,000 |
| THE GOLDEN APPLE FOUNDATION | |||||||
| 901 W JACKSON BLVD SUITE 205 | CHICAGO | IL | 60607 | NONE | PC | PROVIDING EDUCATIONAL OPPORTUNITIES | $10,000 |
| U GO INITIATIVE | |||||||
| 334 N RIOS AVE | SOLANA BEACH | CA | 92075 | NONE | PC | PROVIDING EDUCATIONAL OPPORTUNITIES | $30,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $131,000 | 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 | $11,348 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $38,920 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$388,813 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | -$338,545 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | -$338,545 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| AKEBIA THERAPEUTICS INC | $3,406,187 | $570,716 |
| AKEBIA THERAPEUTICS INC | $1,762,765 | $176,446 |
| AMERICAN WELL CORPORATION | $1,001,250 | $291,742 |
| ANNEXON INC | $2,466,367 | $1,147,871 |
| AILERON THERAPEUTICS | $399,982 | $55,427 |
| AADI BIOSCIENCE | $1,364,479 | $53,607 |
| MUNEER A SATTER LOAN | $364,502 | $364,502 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (18 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| GS CAPITAL PTRS VI PIA FUND | AT COST | $152,950 | $215,832 |
| GS MBD 2011 OFFSHORE LP | AT COST | $19,851 | $120,169 |
| GREAT POINT PARTNERS II LP | AT COST | $194,941 | $341,253 |
| IREO FUND II, LTD | AT COST | $2,441,997 | $2,436,129 |
| RANE CORP | AT COST | $250,000 | $250,000 |
| RCP-OPPORTUNITIES FUND II LP | AT COST | $587,997 | $587,997 |
| REDMILE CAPITAL OS CL C | AT COST | $131,720 | $234,198 |
| REDWOOD OFFSHORE FUND (B) | AT COST | $1,811 | $10,072 |
| REX - REAL ESTATE EXCHANGE | AT COST | $1,014,000 | $486,159 |
| TPG-AXON PTRS OFFSHORE LTD | AT COST | $17,930 | $41,143 |
| TPG AP (OFFSHORE) INV FEE RES | AT COST | $5,352 | $0 |
| TSF LINQ3 BLOCKER | AT COST | $2,693,206 | $0 |
| TSF RESTORSEA BLOCKER | AT COST | $1,216,904 | $40,462 |
| CO-PILOT | AT COST | $956,714 | $956,714 |
| ANNXU INDUSTRIAL CAPITAL PARTNER | AT COST | $283,337 | $352,778 |
| REDMILE STRATEGIC OFFSHORE CL E LONG ONLY | AT COST | $338,749 | $386,613 |
| ALZHEON, INC | AT COST | $84,972 | $84,972 |
| REDMILE CAPITAL OS CL E | AT COST | $5,022 | $6,483 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|---|
| BANK FEES | $530 | $265 | $0 | $265 |
| ADMINISTRATION FEES | $51,866 | $0 | $0 | $51,866 |
| INVESTMENT MANAGEMENT FEES | $87,230 | $87,230 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| OTHER INCOME | $8,848 | $8,848 | $0 |
| INVESTMENT INCOME FROM PARTNERSHIPS | $30,072 | $49,282 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | CONSULTING FEES | CategoryTxt |
| Amt | $141,746 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $141,746 | DisbursementsCharitablePrpsAmt |