RICHARD L DUCHOSSOIS MEMORIAL FOUNDATION: Form 990PF, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- RICHARD L DUCHOSSOIS MEMORIAL FOUNDATION (EIN 82-2759714)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-06-15
- IRS object ID
- 202301669349101000
- 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
- Form 990-PF
- Schedule B
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Legal Fees Schedule
- Other Decreases Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-06-15T12:31:02-05:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 822759714 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD L DUCHOSSOIS MEMORIAL FOUNDATIO | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RICH | BusinessNameControlTxt |
| Phone | 8473816199 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 SPRING CREEK ROAD | AddressLine1Txt |
| City | BARRINGTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60010 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SCOTT A MORDELL | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 8473816199 | PhoneNum |
| Signature | 2023-06-12 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SCOTT | PersonFirstNm |
| Person Last | MORDELL | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | 999009999 | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | DORI J EGGETT | PreparerPersonNm |
| PTIN | P00645252 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2023-06-06 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 0 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $105,139,533 | 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 | $12,361,170 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $796,115 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $796,115 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | -$55,916 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $300,035 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $0 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $13,101,369 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $796,115 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $71,537 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Other Prof Fees Rev And Expnss | $16,622 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $16,622 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $15,000 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $103,159 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $16,622 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $700,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $700,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $803,159 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $16,622 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $700,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $12,298,210 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $779,493 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $121,454 | CashBOYAmt |
| Cash EOY | $134,896 | CashEOYAmt |
| Cash EOYFMV | $134,896 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $102,842,748 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $25,205,928 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $25,205,928 | SavAndTempCashInvstEOYFMVAmt |
| Acct Rcvbl | $117,982 | AcctRcvblAmt |
| Acct Rcvbl EOY | $117,982 | AcctRcvblEOYAmt |
| Acct Rcvbl EOYFMV | $117,982 | AcctRcvblEOYFMVAmt |
| US Government Obligations BOY | $0 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $692,304 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $692,304 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $0 | CorporateStockBOYAmt |
| Corporate Stock EOY | $77,808,599 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $78,039,814 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $0 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $948,609 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $948,609 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $102,964,202 | TotalAssetsBOYAmt |
| Total Assets EOY | $104,908,318 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $105,139,533 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $102,964,202 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $104,908,318 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $102,964,202 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $104,908,318 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $102,964,202 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $104,908,318 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $102,964,202 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $12,298,210 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $115,262,412 | SubtotalAmt |
| Other Decreases | $10,354,094 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $104,908,318 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|
| META PLATFORMS INC CL A | 2022-07-20 | 2022-11-04 | $64,920 | $120,753 | -$55,833 | -$55,833 |
| PNC FINL SVCS GROUP INC | 2022-07-20 | 2022-11-01 | $35,000 | $35,193 | -$193 | -$193 |
| PRUDENTIAL FINL INC FIXED | 2022-07-28 | 2022-08-09 | $200,115 | $200,005 | $110 | $110 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | -$55,916 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $10,835 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $10,835 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $10,835 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,000 | 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 | $15,000 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $181 | EsPenaltyAmt |
| Overpayment | $3,984 | OverpaymentAmt |
| Applied To ES Tax | $3,984 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | 0 | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | NV | OrgReportOrRegisterStateCd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 0 | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JANET CZOSEK | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8473816199 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 65 SPRING CREEK ROAD | AddressLine1Txt |
| City | BARRINGTON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60010 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| SCOTT A MORDELL | ||||||||
| 65 SPRING CREEK ROAD | BARRINGTON | IL | 60010 | PRESIDENT | 0.00 | $0 | $0 | $0 |
| WILLIAM M DOYLE JR | ||||||||
| 65 SPRING CREEK ROAD | BARRINGTON | IL | 60601 | SECRETARY | 0.00 | $0 | $0 | $0 |
| ROBERT L FEALY | ||||||||
| 65 SPRING CREEK ROAD | BARRINGTON | IL | 60010 | TREASURER | 0.00 | $0 | $0 | $0 |
| MARY J DUCHOSSOIS | ||||||||
| 65 SPRING CREEK ROAD | BARRINGTON | IL | 60010 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| TYLER LENCZUK | ||||||||
| 65 SPRING CREEK ROAD | BARRINGTON | IL | 60010 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $73,657,829 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $25,831,944 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $123,303 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $99,613,076 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $99,613,076 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,494,196 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $98,118,880 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $4,905,944 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $4,905,944 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $10,835 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $10,835 | TotalTaxAmt |
| Distributable Before Adj | $4,895,109 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $4,895,109 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $4,895,109 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $700,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $700,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $4,895,109 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $688,724 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $53,131 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $23,255 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $44,657 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $121,043 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $700,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $688,724 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $11,276 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $121,043 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $121,043 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $4,762,790 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CASA LAKE COUNTY | ||||||
| 700 FOREST EDGE DRIVE | VERNON HILLS | IL | 60061 | PC | GENERAL PURPOSES | $100,000 |
| THE NATIONAL WORLD WAR II MUSEUM | ||||||
| 945 MAGAZINE STREET | NEW ORLEANS | LA | 70130 | PC | GENERAL PURPOSES | $100,000 |
| JUNIOR ACHIEVEMENT CHICAGO | ||||||
| 651 W WASHINGTON BLVD STE 404 | CHICAGO | IL | 60661 | PC | GENERAL PURPOSES | $100,000 |
| CHICAGO CHILDREN'S CHOIR | ||||||
| 78 E WASHINGTON 5TH FL | CHICAGO | IL | 60602 | PC | GENERAL PURPOSES | $100,000 |
| DAVID R METCALF INVISIBLE WOUNDS FOUNDATION | ||||||
| 222 S JULIAN ST | NAPERVILLE | IL | 60540 | PC | GENERAL PURPOSES | $100,000 |
| ADVOCATE CHARITABLE FOUNDATION | ||||||
| 3075 HIGHLAND PARKWAY STE 600 | DOWNERS GROVE | IL | 60515 | PC | GENERAL PURPOSES | $100,000 |
| THE UNIVERSITY OF TEXAS FOUNDATION | ||||||
| 9011 MOUNTAIN RIDGE STE 150 | AUSTIN | TX | 78759 | PC | GENERAL PURPOSES | $100,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $700,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $796,115 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$55,916 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $740,199 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $740,199 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | 0 | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | 0 | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | 0 | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | 0 | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | 0 | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | 0 | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | 0 | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | 0 | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | 0 | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | 0 | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp (2 entries)
| ContributorContributorNum | Address Line1ContributorUSAddress/AddressLine1Txt | CityContributorUSAddress/CityNm | State AbbreviationContributorUSAddress/StateAbbreviationCd | ZIPContributorUSAddress/ZIPCd | Total ContributionsTotalContributionsAmt | Noncash ContributionNoncashContributionInd | Person ContributionPersonContributionInd |
|---|---|---|---|---|---|---|---|
| RICHARD L DUCHOSSOIS | |||||||
| 1 | 65 SPRING CREEK ROAD | BARRINGTON | IL | 60010 | $140,966 | Yes (X) | |
| RICHARD L DUCHOSSOIS REV TR | |||||||
| 2 | 65 SPRING CREEK ROAD | BARRINGTON | IL | 60010 | $12,220,204 | Yes (X) | Yes (X) |
Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt |
|---|---|---|
| 1 | 700 SHARES OF CHURCHILL DOWNS INC | $140,966 |
| 2 | 401(K) INVESTMENTS - STOCKS, BONDS, SHORT-TERM INVESTMENTS | $2,220,204 |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NOT REQUIRED BY NEVADA SINCE THERE IS NOT SOLICITATION OF CONTRIBUTIONS | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp (6 entries)
| BondBondNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANK AMER CORP | $198,520 | $198,520 |
| FIFTH THIRD BANCORP | $185,804 | $185,804 |
| PURDENTIAL FINL INC | $193,998 | $193,998 |
| SCHWAB CHARLES CORP NEW | $195,600 | $195,600 |
| PIM TOTAL RT INST | $7,014 | $7,014 |
| FID FREEDOM INC K | $167,673 | $167,673 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (42 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CHURCHILL DOWNS INCORPORATED CMN | $68,467,589 | $68,698,804 |
| ACCENTURE PLC IRELAND | $252,164 | $252,164 |
| ADVANCED MICRO DEVICES INC | $163,544 | $163,544 |
| ALPHABET INC CAP | $339,392 | $339,392 |
| AMAZON COM INC | $256,200 | $256,200 |
| APPLE INC | $396,287 | $396,287 |
| BANK AMER CORP | $182,160 | $182,160 |
| CHEVRON CORP NEW | $430,776 | $430,776 |
| COSTCO WHOLESALE CORP NEW | $353,788 | $353,788 |
| CVS HEALTH CORP | $177,061 | $177,061 |
| DANAHER CORP | $424,672 | $424,672 |
| DISNEY WALT CO | $197,652 | $197,652 |
| FORTIVE CORP | $199,175 | $199,175 |
| HOME DEPOT INC | $355,343 | $355,343 |
| HONEYWELL INTL INC | $267,875 | $267,875 |
| JPMORGAN CHASE & CO | $301,725 | $301,725 |
| KEYCORP NEW | $209,040 | $209,040 |
| LOCKHEED MARTIN CORP | $291,894 | $291,894 |
| MASTERCARD INC | $425,969 | $425,969 |
| MICROSOFT | $143,892 | $143,892 |
| PEPSICO INC | $361,320 | $361,320 |
| PNC FINL SVCS GROUP INC | $209,270 | $209,270 |
| STRYKER CORP | $256,714 | $256,714 |
| WORKDAY INC | $200,796 | $200,796 |
| ZEBRA TECHNOLOGIES CORP | $237,179 | $237,179 |
| AGNC INVT CORP DEP | $75,810 | $75,810 |
| DIGITAL RLTY TR INC RED | $91,240 | $91,240 |
| DUKE ENERGY CORP NEW DEP | $140,340 | $140,340 |
| JPMORGAN CHASE & CO PFD | $93,560 | $93,560 |
| KEYCORP NEW PFD | $83,120 | $83,120 |
| NEXTERA ENERGY CAP HLDGS INC | $137,160 | $137,160 |
| US BANCORP DEL | $89,240 | $89,240 |
| WELLS FARGO & CO NEW | $87,160 | $87,160 |
| WELLS FARGO & CO NEW PERP PFD | $59,250 | $59,250 |
| WINTRUST FINL CORP | $104,200 | $104,200 |
| DIGITAL RLTY TR INC | $165,446 | $165,446 |
| STARWOOD PPTY TR INC | $150,764 | $150,764 |
| ISHARES TR BIOTECHNOLOGY ETF | $82,056 | $82,056 |
| FID GROWTH CO K | $718,798 | $718,798 |
| FID 500 INDEX | $326,855 | $326,855 |
| DODGE & COX STOCK | $253,522 | $253,522 |
| FID FREEDOM INC K | $48,601 | $48,601 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $692,304 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $692,304 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $71,537 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAIN/LOSS | Desc |
| Amt | $10,354,094 | Amt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $16,622 | Amt |
| Net Investment Income | $16,622 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | EXCISE TAX | CategoryTxt |
| Amt | $15,000 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |