STRATEGY STUDIO / PUBLIC DATA EXPLORER

JPC FOUNDATION: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization
JPC FOUNDATION (EIN 36-4337185)
Tax period
2022-01-01 to 2022-12-31
Filed
2023-03-29
IRS object ID
202340889349100229
Schema version
2022v5.0
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 ReturnHeader

FieldValueIRS element (for citing)
Return2023-03-29T16:04:17-07:00ReturnTs
Tax Period End2022-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN461425193PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HANSEN COCHRANE LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line160 REVERE DR STE 960AddressLine1Txt
CityNORTHBROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2022-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364337185EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1JPC FOUNDATIONBusinessNameLine1Txt
Business Name Line2co David G Cochrane CPABusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlJPCFBusinessNameControlTxt
Phone8478407372PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line160 Revere Dr 960AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJohn P CusackPersonNm
Person TitlePresidentPersonTitleTxt
Signature2023-03-29SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJohn PPersonFirstNm
Person LastCusackPersonLastNm
FieldValueIRS element (for citing)
SSN999009999SSN
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (true)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDavid G CochranePreparerPersonNm
PTINP00017877PTIN
Phone8472726010PhoneNum

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer2TrustedCustomerCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
Federated Assurance LevelFAL1FederatedAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2022TaxYr
Build TS2023-04-26 12:10:37ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$59,752FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$21,101ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss$7InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$7InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$7InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$2,382DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,382DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,382DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$548NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$27,192GrossSalesPriceAmt
Total Rev And Expnss$22,942TotalRevAndExpnssAmt
Total Net Invst Incm$2,389TotalNetInvstIncmAmt
Total Adj Net Incm$2,389TotalAdjNetIncmAmt
Tot Opr Expenses Rev And Expnss$0TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$0TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$35,453ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$35,453ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$35,453TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$35,453TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$12,511ExcessRevenueOverExpensesAmt
Net Investment Income$2,389NetInvestmentIncomeAmt
Adjusted Net Income$2,389AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$8,576SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$2,707SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$2,707SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$42,729CorporateStockBOYAmt
Corporate Stock EOY$58,120CorporateStockEOYAmt
Corporate Stock EOYFMV$57,045CorporateStockEOYFMVAmt
Other Investments BOY$22,367OtherInvestmentsBOYAmt
Total Assets BOY$73,672TotalAssetsBOYAmt
Total Assets EOY$60,827TotalAssetsEOYAmt
Total Assets EOYFMV$59,752TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$73,672RetainedEarningBOYAmt
Retained Earning EOY$60,827RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$73,672TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$60,827TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$73,672TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$60,827TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$73,672TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$12,511ExcessRevenueOverExpensesAmt
Other Increases$3OtherIncreasesAmt
Subtotal$61,164SubtotalAmt
Other Decreases$337OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$60,827TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (9 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
.085 Advanced Micro DevicesP2020-01-022022-02-15$10$5$5$5
20 Apple IncP2020-05-282022-11-17$2,972$1,609$1,363$1,363
10 Walt Disney CoP2020-05-282022-12-09$948$1,188-$240-$240
200 Flaherty & Crumrine Income Securities FdP2021-05-282021-05-28$3,076$4,488-$1,412-$1,412
125 Flaherty & Crumrine Income Securities FdP2020-01-022022-11-17$1,922$2,720-$798-$798
325 Flaherty & Crumrine Income Securities FdP2020-01-022022-12-09$5,044$7,074-$2,030-$2,030
15 spdr S&P 500 etfP2020-01-022022-01-12$7,071$4,851$2,220$2,220
10 spdr S&P 500 etfP2020-01-022022-12-09$3,971$3,234$737$737
10 Stryker CorpP2021-07-212022-11-17$2,178$2,571-$393-$393
FieldValueIRS element (for citing)
Capital Gain Net Income-$548CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$1,412NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$33InvestmentIncomeExciseTaxAmt
Subtotal$33SubtotalAmt
Tax Based On Investment Income$33TaxBasedOnInvestmentIncomeAmt
Tax Due$33TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Org Report Or Register StateILOrgReportOrRegisterStateCd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1David G Cochrane CPABusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone8472726010PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line160 Revere Drive Suite 960AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
John P Cusack
60 Revere Dr 960NorthbrookIL60062President0.05$0
Joan Burke
60 Revere Dr 960NorthbrookIL60062Treasurer0.05$0
Howard M Denenberg
60 Revere Dr 960NorthbrookIL60062Secretary0.05$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$65,452AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$4,287AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$69,739TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$69,739AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,046CashDeemedCharitableAmt
Net Vl Noncharitable Assets$68,693NetVlNoncharitableAssetsAmt
Minimum Investment Return$3,435MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$3,435MinimumInvestmentReturnAmt
Tax Based On Investment Income$33TaxBasedOnInvestmentIncomeAmt
Total Tax$33TotalTaxAmt
Distributable Before Adj$3,402DistributableBeforeAdjAmt
Distributable Before Ded$3,402DistributableBeforeDedAmt
Distributable As Adjusted$3,402DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$35,453ExpensesAndContributionsAmt
Qualifying Distributions$35,453QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$3,402DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$43,977ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$15,258ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$36,097ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$10,015ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov$105,347TotalExcessDistributionCyovAmt
Qualifying Distributions$35,453QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$3,402AppliedToCurrentYearAmt
Remaining Distri From Corpus$32,051RemainingDistriFromCorpusAmt
Total Corpus$137,398TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$43,977ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$93,421ExcessDistriCyovToNextYrAmt
Excess From Year4$15,258ExcessFromYear4Amt
Excess From Year3$36,097ExcessFromYear3Amt
Excess From Year2$10,015ExcessFromYear2Amt
Excess From Current Year$32,051ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (3 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient RelationshipRecipientRelationshipTxtRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
Saint Sabina Church
1210 West 78th PlaceChicagoIL60620N/AEOFCharitable$20,000
Make-A-Wish Foundation of Illinois
640 N LaSalle Drive Suite 280ChicagoIL60654N/AEOFCharitable$5,000
Entertainment Industry Foundation
10880 Wilshire Blvd Suite 1400Los AngelesCA90024N/AEOFCharitable$10,453
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$35,453TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$7ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$2,382ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$548RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,389ExclusionAmt
Related Or Exempt Function Incm-$548RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$1,841TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonJohn P CusackContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line160 Revere Dr 960AddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Total Contributions$21,101TotalContributionsAmt
Noncash ContributionYes (X)NoncashContributionInd

Non Cash Property Contribution NonCashPropertyContributionGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Noncash Property140 shares Apple Inc commonNoncashPropertyDesc
Fair Market Value$21,101FairMarketValueAmt
Received2022-11-17ReceivedDt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stockcommon & preferred stocksStockNm
EOY Book Value$58,120EOYBookValueAmt
EOYFMV$57,045EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
DescPrior Year Dividend Reclassified to return of capitalDesc
Amt$337Amt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
Desc2020 Form 990-PF Tax Paid RefundedDesc
Amt$3Amt