SUNSHINE CHARITABLE FOUNDATION: Form 990PF, tax year 2020

View the entire original 990 at ProPublica ↗

Organization: SUNSHINE CHARITABLE FOUNDATION (EIN 20-1919538)
Tax period: 2020-07-01 to 2021-06-30
Filed: 2022-05-16
IRS object ID: 202201369349105345
Schema version: 2020v4.1
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
Depreciation Schedule
General Explanation Attachment
Investments Other Schedule2
Legal Fees Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2022-05-16T16:41:34-05:00	ReturnTs
Tax Period End	2021-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	ERNST & YOUNG US LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	155 N Wacker Drive	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2020-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	201919538	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE SUNSHINE CHARITABLE FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
In Care Of	% JANE BRONSON	InCareOfNm
Business Name Control	SUNS	BusinessNameControlTxt
Phone	8476159560	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	111 Lake Street	AddressLine1Txt
City	Libertyville	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60048	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	DAVID BUNNING	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	8476159560	PhoneNum
Signature	2022-05-16	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	DAVID	PersonFirstNm
Person Last	BUNNING	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KATHERINE KURTZMAN	PreparerPersonNm
PTIN	P01236691	PTIN
Phone	3128792000	PhoneNum
Preparation	2022-05-13	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	2	TrustedCustomerCd

Field	Value	IRS element (for citing)
Tax	2020	TaxYr
Build TS	2022-09-23 18:48:47Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Address Change	Yes (X)	AddressChangeInd
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$151,323,633	FMVAssetsEOYAmt
Method Of Accounting Other	Yes (X)	MethodOfAccountingOtherInd

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
Dividends Rev And Expnss	$464,185	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$464,185	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$2,535,049	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$6,978,199	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$2,533,242	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	-$1,353,153	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$20,754	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,646,081	TotalRevAndExpnssAmt
Total Net Invst Incm	$3,018,181	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$0	CompOfcrDirTrstRevAndExpnssAmt
Legal Fees Rev And Expnss	$3,420	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$1,700	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$1,720	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$81,527	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$57,069	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$8,153	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$200,000	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$200,000	OtherProfFeesNetInvstIncmAmt
Interest Rev And Expnss	$2,877	InterestRevAndExpnssAmt
Interest Net Invst Incm	$2,869	InterestNetInvstIncmAmt
Taxes Rev And Expnss	$180	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$229,084	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$221,704	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$1,362	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$517,088	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$483,342	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$0	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$11,235	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$5,297,600	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$5,297,600	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$5,814,688	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$483,342	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$0	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$5,308,835	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$4,168,607	ExcessRevenueOverExpensesAmt
Net Investment Income	$2,534,839	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$1,092,923	CashBOYAmt
Cash EOY	$1,795,209	CashEOYAmt
Cash EOYFMV	$1,795,205	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$41,340,832	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$24,810,743	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$29,860,276	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$45,587,862	OtherInvestmentsBOYAmt
Other Investments EOY	$56,284,631	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$119,668,152	OtherInvestmentsEOYFMVAmt
Total Assets BOY	$88,021,617	TotalAssetsBOYAmt
Total Assets EOY	$82,890,583	TotalAssetsEOYAmt
Total Assets EOYFMV	$151,323,633	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$88,476	AccountsPayableBOYAmt
Accounts Payable EOY	$190,734	AccountsPayableEOYAmt
Deferred Revenue EOY	$997,266	DeferredRevenueEOYAmt
Total Liabilities BOY	$88,476	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$1,188,000	TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117	Yes (X)	OrgDoesNotFollowFASB117Ind
Retained Earning BOY	$87,933,141	RetainedEarningBOYAmt
Retained Earning EOY	$81,702,583	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$87,933,141	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$81,702,583	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$88,021,617	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$82,890,583	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$87,933,141	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$4,168,607	ExcessRevenueOverExpensesAmt
Subtotal	$83,764,534	SubtotalAmt
Other Decreases	$2,061,951	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$81,702,583	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
GCG INVESTORS III, LP	P	$43,627	$43,627	$43,627
RESOLUTE ANNEX I LP	P		-$54,667	-$54,667	$54,667
RESOLUTE I LP	P		-$29,396	-$29,396	$29,396
RESOLUTE II LP	P		-$92,872	-$92,872	$92,872
RESOURCE LAND FUND IV	P	$98,763	$98,763	$98,763
TLPIP PARTNERS 1 LLC	P	$18	$18	$18
TLPIP PARTNERS 2 LLC	P	$10	$10	$10
TLPIP PARTNERS 4 LLC	P	$3	$3	$3
RPM VENTURES III, L.P.	P		-$50,266	-$50,266	$50,266
GCG INVESTORS IV, LP	P		-$68,089	-$68,089	$68,089
METHOD ONE, LLC	P		-$24,136	-$24,136	$24,136
RESOLUTE III LP	P		-$36,346	-$36,346	$36,346
CAPITAL GAIN DISTRIBUTION	P	$17,687	$17,687	$17,687	$0
OTHER ASSETS	P	$6,818,091	$2,728,906	$2,728,906	$4,089,185

Field	Value	IRS element (for citing)
Capital Gain Net Income	$2,533,242	CapitalGainNetIncomeAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$35,234	InvestmentIncomeExciseTaxAmt
Subtotal	$35,234	SubtotalAmt
Tax Based On Investment Income	$35,234	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$88,915	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Total Payments And Credits	$88,915	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Overpayment	$53,681	OverpaymentAmt
Applied To ES Tax	$53,681	AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	false	LegislativePoliticalActyInd
More Than100 Spent	false	MoreThan100SpentInd
Form1120 POL Filed	false	Form1120POLFiledInd
Activities Not Previously Rpt	false	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	false	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	Yes (true)	UnrelatedBusIncmOverLimitInd
Form990 T Filed	Yes (true)	Form990TFiledInd
Organization Dissolved Etc	false	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	Yes (true)	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (true)	AtLeast5000InAssetsInd
Org Report Or Register State	CA	OrgReportOrRegisterStateCd
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	Yes (true)	OwnControlledEntityInd
Donor Advised Fund	false	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (true)	ComplyWithPublicInspRqrInd
Website Address	N/A	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	JANE BRONSON	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	8476159560	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	111 LAKE STREET	AddressLine1Txt
City	Libertyville	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60048	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	Yes (true)	ForeignAccountsQuestionInd
Foreign Country	SZ	ForeignCountryCd

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	Yes (true)	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
Undistr Incm Sect4942a2 Not App	false	UndistrIncmSect4942a2NotAppInd
Business Holdings	Yes (true)	BusinessHoldingsInd
Excess Business Holdings	false	ExcessBusinessHoldingsInd
Jeopardy Investments	false	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	false	UncorrectedPYJeopardyInvstInd
Influence Legislation	false	InfluenceLegislationInd
Influence Election	false	InfluenceElectionInd
Grants To Individuals	false	GrantsToIndividualsInd
Grants To Organizations	false	GrantsToOrganizationsInd
Noncharitable Purpose	false	NoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 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
DAVID G BUNNING
111 Lake Street	Libertyville	IL	60048	PRESIDENT DIRECTOR	0	$0	$0	$0
DENISE A BUNNING
111 Lake Street	Libertyville	IL	60048	VICE PRESIDENT DIRECTOR	0	$0	$0	$0
Nathan Ballard
111 Lake Street	Libertyville	IL	60048	SECRETARY DIR	0	$0	$0	$0

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	TLP SERVICES	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1603 ORRINGTON AVENUE	AddressLine1Txt
City	EVANSTON	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60201	ZIPCd

Field	Value	IRS element (for citing)
Service Type	INVESTMENT MGMT	ServiceTypeTxt
Compensation	$200,000	CompensationAmt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	N/A	Description1Txt

Field	Value	IRS element (for citing)
Sum Of Program Related Invst		SumOfProgramRelatedInvstGrp

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$1,445,449	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$36,366,250	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$117,917,348	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$155,729,047	TotalFMVOfUnusedAssetsAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$155,729,047	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$2,335,936	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$153,393,111	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$7,669,656	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$7,669,656	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$35,234	TaxBasedOnInvestmentIncomeAmt
Total Tax	$35,234	TotalTaxAmt
Distributable Before Adj	$7,634,422	DistributableBeforeAdjAmt
Distributable Before Ded	$7,634,422	DistributableBeforeDedAmt
Distributable As Adjusted	$7,634,422	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$5,308,835	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Charitable Assets Acquis Paid	$0	CharitableAssetsAcquisPaidAmt
Set Aside Suitability Test	$0	SetAsideSuitabilityTestAmt
Set Aside Cash Distri Test	$0	SetAsideCashDistriTestAmt
Qualifying Distributions	$5,308,835	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$5,308,835	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$7,634,422	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Prior Year1	2018	PriorYear1Yr
Prior Year2	2017	PriorYear2Yr
Prior Year3	2016	PriorYear3Yr
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr2	$6,420,513	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$6,420,513	TotalExcessDistributionCyovAmt
Qualifying Distributions	$5,308,835	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Current Year	$5,308,835	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$2,325,587	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$2,325,587	ExcessDistributionCyovAppCYAmt
Total Corpus	$4,094,926	TotalCorpusAmt
Prior Year Undistributed Incm	$0	PriorYearUndistributedIncmAmt
Taxable1	$0	Taxable1Amt
Taxable2	$0	Taxable2Amt
Undistributed Income CY	$0	UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr	$4,094,926	ExcessDistriCyovToNextYrAmt
Excess From Year2	$4,094,926	ExcessFromYear2Amt

Field	Value	IRS element (for citing)
Private Operating Foundations		PrivateOperatingFoundationsGrp

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Contributing Manager	DAVID G BUNNING	ContributingManagerNm
Shareholder Manager	DAVID G BUNNING	ShareholderManagerNm
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (56 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
Ames Education Foundation
PO Box 1125	Ames	IA	50014	None	PC	General support Grant	$10,000
APFED
PO Box 29545	Atlanta	GA	30359	None	PC	General Support Grant	$10,000
Boys & Girls Club of Door County Inc
55 South Third Ave	Sturgeon Bay	WI	54235	None	PC	General Support grant	$10,000
Cincinnati Children's Hospital Med Ctr
3333 Burnett Avenue	Cincinnati	OH	45229	none	PC	Cincinnati Center for Eosinophilis Disorders	$250,000
CURED NFP
2937 Bayberry Drive	Buffalo Grove	IL	60089	none	PC	general support grant	$5,000
Erikson Institute
451 N LaSalle Street	Chicago	IL	60654	none	PC	general support grant	$6,000
FARE
515 Madison Avenue Suite 1912	New York	NY	10022	none	PC	GENERAL SUPPORT GRANT	$2,500,000
Galena School District #120
1206 Franklin	Galena	IL	61036	none	PC	general support grant	$10,000
Glenbrook High School District 225
1835 Landwehr Road	Glenview	IL	60026	none	PC	general support grant	$5,000
Gorton Community Center
400 East Illinois Road	Lake Forest	IL	60045	none	PC	general support grant	$10,000
HELP of Door County Inc
219 Green Bay Road	Sturgeon Bay	WI	54235	none	PC	general support grant	$5,000
Help Our Military Heroes Inc
15 Pheasant Land	Easton	CT	06612	none	PC	general support grant	$20,000
Lake Forest High School Foundation
1285 North McKinley Road	Lake Forest	IL	60045	none	PC	general support grant	$5,000
National-Louis University
1000 CAPITOL DRIVE	WHEELING	IL	60090	none	PC	general support grant for National College of Education	$5,000
National Alopecia Areata Foundation
14 Mitchell Blvd	San Rafael	CA	94903	none	PC	general support grant	$50,000
National Wrestling Coaches Assoc Inc
PO Box 254	Manheim	PA	17545	none	PC	general support grant	$150,000
Northern Illinois University Foundation
1425 W Lincoln Highway	DeKalb	IL	60115	none	PC	general support grant for college of education	$10,000
Northwestern Lake Forest Hospital
660 N Westmoreland Road	Lake Forest	IL	60045	none	PC	General Support Grant	$30,000
Spirit of 67 Foundation
300 South Waukegan Road	Lake Forest	IL	60045	none	PC	General support grant	$5,000
Sturgeon Bay School District
1230 Michigan Street	Sturgeon Bay	WI	54235	none	PC	general support grant	$10,000
Trustees of Boston College
140 Commonwealth Avenue	Chestnut Hill	MA	02467	none	PC	lynch school of education & connell school of nursing: general support grants	$10,000
University of Chicago
5235 S Harper Court 4th Floor	Chicago	IL	60615	none	PC	GENERAL SUPPORT GRANT	$10,000
United Way of Door County
PO Box 223	Sturgeon Bay	WI	54235	none	PC	general support grant	$5,000
Waterloo Community School District
1516 Washington Street	Waterloo	IA	50702	none	PC	james e. bunning scholarships	$10,000
DUCKS UNLIMITED INC
3427 VERNON AVE	BROOKFIELD	IL	60513	NONE	PC	GENERAL SUPPORT GRANT	$1,200,000
LUCILE PACKARD FDN FOR CHILDRENS HEALTH
400 HAMILTON AVENUE STE 340	PALO ALTO	CA	94301	none	PC	General Support Grant	$500,000
ann & robert H lurie childrens hosp of chicago
225 e chicago ave box 4	chicago	IL	606114455	none	PC	general support grant	$10,000
BOTTOM LINE INC - CHICAGO
65 E Wacker Pl Suite 800	CHICAGO	IL	60601	NONE	PC	GENERAL SUPPORT GRANT	$10,000
Boys & Girls Club of Lake County
1801 Sheridan Rd Suite 202	NORTH CHICAGO	IL	60064	NONE	PC	GENERAL SUPPORT GRANT	$50,000
Assistance League Chicagoland West
120 East Ogden Ave Ste 100	Hinsdale	IL	60521	NONE	PC	General Support Grant	$10,000
Door County Land Trust
PO Box 65	Sturgeon Bay	WI	54235	NONE	PC	GENERAL SUPPORT GRANT	$10,000
Door County YMCA
1900 Michigan Street	Sturgeon Bay	WI	54235	NONE	PC	GENERAL SUPPORT GRANT	$5,000
Feed and Clothe My People
PO Box 741	Sturgeon Bay	WI	54235	NONE	PC	GENERAL SUPPORT GRANT	$5,000
First Presbyterian Church
700 N Sheridan Rd	Lake Forest	IL	60045	NONE	PC	GENERAL SUPPORT GRANT	$25,000
Harvard Varsity Club
65 N Harvard St	BOSTON	MA	02163	NONE	PC	GENERAL SUPPORT GRANT	$10,000
Jo Daviess Conservation Foundation
126 N Main Street	Elizabeth	IL	610280216	NONE	PC	GENERAL SUPPORT GRANT	$10,000
Lake Forest Swim Club
555 N Sheridan Rd	LAKE FOREST	IL	60045	NONE	PC	GENERAL SUPPORT GRANT	$1,000
Community Partners For Affordable Housing
800 S Milwaukee Ave Ste 201	Libertyville	IL	60048	NONE	PC	General Support Grant	$1,000
Friends of Lake Forest Parks & Recreation
400 Hastings Rd	Lake Forest	IL	60045	NONE	PC	General Support Grant	$1,000
Pheasants Forever Inc
2918 Larkspur Lane	Freeport	IL	61032	None	PC	General Support Grant	$1,200
The Josselyn Center NFP
405 Central Ave	Northfield	IL	60093	None	PC	General Support Grant	$5,000
USA Wrestling
6155 Lehman Dr	Colorado Springs	CO	809183456	None	PC	General Support Grant - Living the Dream Fund	$900
Charles Tillman Cornerstone Foundation
736 N Western Avenue 322	LAKE FOREST	IL	60045	NONE	PC	General Support Grant	$1,000
Delta Waterfowl Foundation
1412 Basin Avenue	BISMARCK	ND	58504	NONE	PC	General Support Grant	$250,000
Galena Volunteer Fire Department
101 S Bench St	GALENA	IL	61036	NONE	PC	General Support Grant	$2,000
Hands of Peace
1000 Elm Street	Glenview	IL	60025	NONE	PC	General Support Grant	$1,000
Lake County Honor Flight
2530 S Admiral Drive	GREAT LAKES	IL	60088	NONE	PC	General Support Grant	$1,000
Lincoln Park Zoological Society
2001 North Clark Street	CHICAGO	IL	60614	NONE	PC	General Support Grant	$2,500
Northeast IL Council Boy Scouts of America Inc
850 Forest Edge Dr	vernon hills	IL	60061	NONE	PC	General Support Grant	$10,000
Reading Power Inc
736 North Western Avenue	LAKE FOREST	IL	60045	NONE	PC	General Support Grant	$1,000
Ruffed Grouse Society
451 McCormick Road	CORAOPOLIS	PA	15108	NONE	PC	General Support Grant	$10,000
Songs by Heart Foundation
1717 K Street NW	Washington	DC	20006	NONE	PC	General Support Grant	$1,000
St Jude Runs
4722 N Sheridan Rd	PEORIA	IL	61614	NONE	PC	General Support Grant	$1,000
Start Early (FKA Ounce of Prevention Fund)
33 W Monroe Suite 1200	CHICAGO	IL	60603	NONE	PC	General Support Grant	$10,000
The Loomis Institute
Batchelder Road	WINDSOR	CT	06095	NONE	PC	General Support Grant	$10,000
UNIVERSITY OF CHICAGO
5801 South Ellis Avenue	CHICAGO	IL	60637	NONE	PC	GENERAL SUPPORT GRANT	$1,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$5,297,600	TotalGrantOrContriPdDurYrAmt

Grant Or Contri Apprv For Fut GrantOrContriApprvForFutGrp (2 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
DUCKS UNLIMITED
955 MELLODY ROAD	LAKE FOREST	IL	60045	NONE	PC	GENERAL SUPPORT GRANT	$400,000
Northwestern University
1201 DAVIS ST	EVANSTON	IL	60201	NONE	PC	Bunning Family Chair in Food Allergy Research	$3,000,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Apprv Fut	$3,400,000	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Field	Value	IRS element (for citing)
Fees Contracts From Govt Ag		FeesContractsFromGovtAgGrp
Membership Dues And Assmnt		MembershipDuesAndAssmntGrp
Int On Sav And Temp Cash Invst		IntOnSavAndTempCashInvstGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Business	901101	BusinessCd
Exclusion	14	ExclusionCd
Exclusion	$464,185	ExclusionAmt

Field	Value	IRS element (for citing)
Net Rntl Incm Re Debt Fincd Prop		NetRntlIncmReDebtFincdPropGrp
Net Rntl Incm Re Not Debt Fincd Prop		NetRntlIncmReNotDebtFincdProp
Net Rental Income Personal Prop		NetRentalIncomePersonalPropGrp
Other Investment Incm Part VII		OtherInvestmentIncmPartVIIGrp

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Business	901101	BusinessCd
Unrelated Business Taxbl Incm	$1,807	UnrelatedBusinessTaxblIncmAmt
Exclusion	18	ExclusionCd
Exclusion	$2,533,242	ExclusionAmt

Field	Value	IRS element (for citing)
Net Income Loss From Special Evt		NetIncomeLossFromSpecialEvtGrp
Gross Profit Loss Sls Of Invntry		GrossProfitLossSlsOfInvntryGrp

Other Revenue Described OtherRevenueDescribedGrp (11 entries)

DescDesc	BusinessBusinessCd	Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt	ExclusionExclusionCd	ExclusionExclusionAmt
GCG INVESTORS III, LP	525990	-$5,964	01	$34,078
RESOLUTE ANNEX I LP		$0	01	-$10
RESOURCE LAND FUND IV	525990	-$137,188	01	-$22,775
TLPIP PARTNERS 3 LLC	525990	$0	01	-$2,605
TLPIP PARTNERS 4 LLC		$0	01	-$3,155
RPM VENTURES IV, L.P.		$0	01	-$20,865
GCG INVESTORS IV, LP	525990	-$22,839	01	$7,420
METHOD ONE, LLC (FKA KDWC)	525990	-$21,065	01	-$72
NEW VENTURES III VO LLC		-$49,447	01	$376
THE SAFE ANDFAIR FOOD COMPANY LLC	525990	-$1,113,963	01	-$449
TAX REFUND		$370	01	$5,000

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	-$1,348,289	UnrelatedBusinessTaxblIncmAmt
Exclusion	$2,994,370	ExclusionAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,646,081	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	false	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	false	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	false	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	false	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	false	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	false	ReimbursementArrangementsInd
Loans Or Loan Guarantees	false	LoansOrLoanGuaranteesInd
Performance Of Services Etc	false	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	false	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	false	RelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$81,527	Amt
Net Investment Income	$57,069	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$8,153	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Identifier	THE SUNSHINE CHARITABLE FOUNDATION	IdentifierTxt
Form And Line Reference	line 1	FormAndLineReferenceDesc
Medium Explanation	FOR TAXABLE YEAR-ENDED June 30, 2014 Statement filed pursuant to Reg.Sec. 1.6038B-1(c) (1) NAME OF TRANSFEROR: Sunshine Charitable Foundation EIN: 20-1919538 ADDRESS: 225 E. Deerpath Road Lake Forest, IL 60045 (2) Name of Transferee: AUVEN THERAPEUTICS C.T. INV. INTERNATIONAL LP FEIN: 98-0619365 Address: 18-8 Estate Smith Bay Top Floor St. Thomas VI 00802 Country of incorporation: Virgin Islands A general description of the transfer: Total $400,000 USD transferred by Sunshine Charitable Foundation, to AUVEN THERAPEUTICS C.T. INV. INTERNATIONAL LP, a Virgin Islands corporation, in exchange for an additional investment in AUVEN THERAPEUTICS C.T. INV. INTERNATIONAL LP (3) Consideration received by the U.S. person: Interest in AUVEN THERAPEUTICS C.T. INV. INTERNATIONAL LP (4) Cash of $400,000 (i) Active business property: n/a (ii) Stock or securities: (a) Active trade or business stock: n/a (b) Application of special rules: n/a (iii) Depreciated property: n/a (iv) Property to be leased: n/a (v) Property to be sold: n/a (vi) Transfers to FSCs: n/a (vii) Tainted property: n/a (viii) Foreign loss branch: n/a (ix) Other intangibles: n/a (5) Transfer of foreign branch with previously deducted losses: (i) Branch operation: n/a (ii) Branch property: n/a (iii) Previously deducted losses: n/a (6) Application of Section 367(A)(5): N/A	MediumExplanationTxt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (56 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
TLP SUNSHINE LTD.	FMV	$18,175,800	$4,022,013
RESOURCE LAND FUND	FMV	$551,154	$1,443,497
AUVEN FUND	FMV	$0	$14,255,138
RESOLUTE I LP	FMV	$0	$2,574,412
BRAUVIN	FMV	$790,757	$1,011,316
KDWC	FMV	$816,393	$721,811
RESOLUTE II LP	FMV	$320,492	$1,659,265
RESOLUTE ANNEX	FMV	$0	$773,815
GCG INVESTORS III	FMV	$0	$520,226
BEFORE BRANDS	FMV	$277,051	$909,965
CARD.COM	FMV	$147,862	$89,305
FOODA	FMV	$174,615	$294,554
RMD SUPERNOVA	FMV	$0	$24,527
RPM VENTURES III	FMV	$777,793	$5,198,018
SPOKIN	FMV	$701,154	$700,000
ADC THERAPEUTICS	FMV	$0	$0
ABREOS	FMV	$267,514	$1,859,589
BRILLIANT PET 2	FMV	$93,393	$75,000
C2 SENSE	FMV	$554,440	$608,873
CLOSTRABIO	FMV	$1,046,854	$1,044,427
GCG INVESTORS IV	FMV	$941,716	$1,201,344
HCAC III	FMV	$0	$0
NJOY HOLDINGS, INC.	FMV	$1,625,060	$41,577,600
IMVAX	FMV	$3,727,530	$4,805,072
PANGEA	FMV	$0	$0
RESOLUTE III LP	FMV	$1,053,427	$2,687,434
TLPIP PARTNERS I	FMV	$1,561,563	$2,722,371
BGW VENTURES	FMV	$202,146	$1,904,948
CONSORTIA TX	FMV	$619,019	$634,652
NEW VENTURES III VO	FMV	$1,224,628	$1,742,322
SAFESITE	FMV	$139,500	$193,078
SIDX	FMV	$255,468	$250,000
TRIPLE ENDOSCOPY	FMV	$374,473	$266,611
TLPIP PARTNERS 2	FMV	$836,281	$1,044,671
ALLADAPT	FMV	$1,219,938	$1,380,295
BGW VENTURES II	FMV	$199,820	$1,538,864
GT MEDICAL	FMV	$105,218	$129,299
HCAC IV	FMV	$318,935	$1,097,406
SAFE + FAIR	FMV	$1,943,831	$3,563,635
TLPIP PARTNERS 3	FMV	$2,874,144	$2,905,728
TLPIP PARTNERS 4	FMV	$0	$0
RPM VENTURES IV	FMV	$244,149	$249,883
BGW VENTURES I-B	FMV	$400,496	$400,000
BGW VENTURES III	FMV	$1,000,282	$1,000,000
EVOENDO SERIES SEED	FMV	$3,756,032	$3,738,611
ALLERFUND I	FMV	$257,583	$232,744
BRAWN CAPITAL	FMV	$1,007,266	$971,497
GIV CZV	FMV	$250,324	$250,000
DIVERGENT	FMV	$906,675	$900,000
HCAC V	FMV	$358,123	$361,880
HCVI	FMV	$255	$0
LAKEWOOD-AMEDEX	FMV	$1,500,774	$1,500,000
NIA THERAPEUTICS INC	FMV	$501,368	$500,000
PANGOLIN LLC	FMV	$1,019,615	$1,000,000
V6 MIRADOR LLC	FMV	$563,720	$532,456
SSPK PIPE	FMV	$600,000	$600,000

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	SIDLEY AUSTIN LLP	CategoryTxt
Legal Fees	$3,420	LegalFeesAmt
Net Investment Income	$1,700	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$1,720	DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail (3 entries)

DescDesc	AmtAmt
COST BASIS ADJUSTMENT OF TLP SUNSHINE	$2,028,348
SERVICE FEE IN EXCESS OF PAYMENT	$32,497
CHANGE IN LIABILITIES	$1,106

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (24 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
CUSTODY FEES	$15,296	$15,296	$0
POSTAGE & SHIPPING	$40	$40
SHORT SALE BORROWING FEES	$15,271	$15,271
STATE REGISTRATION FEES	$84	$16		$68
SUBSCRIPTIONS	$750			$750
TAX PENALTIES & FEES	$185	$185
STATE FILING FEES	$25			$25
GCG INVESTORS III, LP	$9,508	$9,398		$110
RESOLUTE ANNEX I LP	$6,221	$6,221
RESOLUTE I LP	$16,291	$16,291
RESOLUTE II LP	$19,362	$19,362
RESOURCE LAND FUND IV	$2,539	$2,534		$5
TLPIP PARTNERS 1 LLC	$1,472	$1,472
TLPIP PARTNERS 2 LLC	$273	$273
TLPIP PARTNERS 3 LLC	$157	$157
TLPIP PARTNERS 4 LLC	$999	$999
RPM VENTURES III, L.P.	$19,868	$19,868
GCG INVESTORS IV, LP	$39,457	$33,326		$113
METHOD ONE, LLC	$19,279	$19,279
RESOLUTE III LP	$40,994	$40,994
BGW VENTURES I LP	$156	$156
BGW VENTURES II LP	$120	$120
NEW VENTURES III VO LLC	$20,446	$20,446
THE SAFE & FAIR FOOD COMPANY	$291			$291

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (11 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
GCG INVESTORS III, LP	$28,114	$33,690
Resolute Annex I LP	-$10	$0
Resource Land Fund IV	-$159,963	-$19,464
TLPIP Partners 3 LLC	-$2,605	$0
TLPIP Partners 4 LLC	-$3,155	$0
RPM Ventures IV, L.P.	-$20,865	$0
GCG Investors IV, LP	-$15,419	$6,528
METHOD ONE	-$21,137	$0
New Ventures III VO LLC	-$49,071	$0
The Safe andFair Food Company LLC	-$1,114,412	$0
TAX REFUNDS	$5,370	$0

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	OTHER PROFESSIONAL FEES	CategoryTxt
Amt	$200,000	Amt
Net Investment Income	$200,000	NetInvestmentIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (4 entries)

CategoryCategoryTxt	AmtAmt
COMPTROLLER OF MARYLAND	$50
ARIZONA DEPARTMENT OF REVENUE	$50
IDAHO STATE TAX COMMISSION	$30
NM TAXATION AND REVENUE DEPT	$50