STRATEGY STUDIO / PUBLIC DATA EXPLORER

JPC FOUNDATION: Form 990PF, tax year 2021

View the entire original 990 at ProPublica ↗

Organization
JPC FOUNDATION (EIN 36-4337185)
Tax period
2021-01-01 to 2021-12-31
Filed
2022-04-10
IRS object ID
202241009349100004
Schema version
2021v4.0
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)
Return2022-04-10T12:49:13-07:00ReturnTs
Tax Period End2021-12-31TaxPeriodEndDt

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 Begin2021-01-01TaxPeriodBeginDt

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
Phone8478407372PhoneNum
Signature2022-01-31SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstJOHNPersonFirstNm
Person LastCUSACKPersonLastNm
FieldValueIRS element (for citing)
SSNXXX-XX-XXXXSSN

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)
Tax2021TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$92,112FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Interest On Sav Rev And Expnss$5InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm$5InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm$5InterestOnSavingsAdjNetIncmAmt
Dividends Rev And Expnss$2,562DividendsRevAndExpnssAmt
Dividends Net Invst Incm$2,562DividendsNetInvstIncmAmt
Dividends Adj Net Incm$2,562DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss-$227NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$10,000GrossSalesPriceAmt
Total Rev And Expnss$2,340TotalRevAndExpnssAmt
Total Net Invst Incm$2,567TotalNetInvstIncmAmt
Total Adj Net Incm$2,567TotalAdjNetIncmAmt
Legal Fees Rev And Expnss$361LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm$361LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm$361LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl$361LegalFeesDsbrsChrtblAmt
Other Expenses Rev And Expnss$15OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$15OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$15OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$15OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$376TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$376TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$376TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$376TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$0ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$0ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$376TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$376TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$376TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$376TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,964ExcessRevenueOverExpensesAmt
Net Investment Income$2,191NetInvestmentIncomeAmt
Adjusted Net Income$2,191AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Sav And Temp Cash Invst BOY$8,841SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY$8,576SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV$8,576SavAndTempCashInvstEOYFMVAmt
Corporate Stock BOY$45,019CorporateStockBOYAmt
Corporate Stock EOY$42,729CorporateStockEOYAmt
Corporate Stock EOYFMV$57,544CorporateStockEOYFMVAmt
Other Investments BOY$17,879OtherInvestmentsBOYAmt
Other Investments EOY$22,367OtherInvestmentsEOYAmt
Other Investments EOYFMV$25,992OtherInvestmentsEOYFMVAmt
Total Assets BOY$71,739TotalAssetsBOYAmt
Total Assets EOY$73,672TotalAssetsEOYAmt
Total Assets EOYFMV$92,112TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Retained Earning BOY$71,739RetainedEarningBOYAmt
Retained Earning EOY$73,672RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$71,739TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$73,672TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$71,739TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$73,672TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$71,739TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,964ExcessRevenueOverExpensesAmt
Other Increases$1OtherIncreasesAmt
Subtotal$73,704SubtotalAmt
Other Decreases$32OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY$73,672TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
200 Wells Fargo & Co pfd 5.7%P2020-04-212021-03-15$5,000$4,983$17$17
200 Digital Relty Tr INc 6.625%P2020-05-282021-05-17$5,000$5,244-$244-$244
FieldValueIRS element (for citing)
Capital Gain Net Income-$227CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss-$227NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$30InvestmentIncomeExciseTaxAmt
Subtotal$30SubtotalAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Tax Due$30TaxDueAmt
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$75,167AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$10,862AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$86,029TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$86,029AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$1,290CashDeemedCharitableAmt
Net Vl Noncharitable Assets$84,739NetVlNoncharitableAssetsAmt
Minimum Investment Return$4,237MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$4,237MinimumInvestmentReturnAmt
Tax Based On Investment Income$30TaxBasedOnInvestmentIncomeAmt
Total Tax$30TotalTaxAmt
Distributable Before Adj$4,207DistributableBeforeAdjAmt
Distributable Before Ded$4,207DistributableBeforeDedAmt
Distributable As Adjusted$4,207DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$376ExpensesAndContributionsAmt
Qualifying Distributions$376QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$4,207DistributableAsAdjustedAmt
Excess Distribution Cyov Yr5$14,733ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$43,977ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$15,258ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$36,097ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$10,015ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$120,080TotalExcessDistributionCyovAmt
Qualifying Distributions$376QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$376AppliedToCurrentYearAmt
Excess Distri Cyov App CY Corpus$3,831ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY$3,831ExcessDistributionCyovAppCYAmt
Total Corpus$116,249TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$10,902ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$105,347ExcessDistriCyovToNextYrAmt
Excess From Year4$43,977ExcessFromYear4Amt
Excess From Year3$15,258ExcessFromYear3Amt
Excess From Year2$36,097ExcessFromYear2Amt
Excess From Year1$10,015ExcessFromYear1Amt

Supplementary Information SupplementaryInformationGrp

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

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$5ExclusionAmt

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion$2,562ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm-$227RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$2,567ExclusionAmt
Related Or Exempt Function Incm-$227RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$2,340TotalIncomeProducingActyAmt

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

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp

FieldValueIRS element (for citing)
Stockcommon & preferred stocksStockNm
EOY Book Value$42,729EOYBookValueAmt
EOYFMV$57,544EOYFMVAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (2 entries)

Category Or ItemCategoryOrItemTxtListed At Cost Or FMVListedAtCostOrFMVCdBook ValueBookValueAmtEOYFMVEOYFMVAmt
mutual fundsAT COST$14,282$14,118
exchange-traded productsAT COST$8,085$11,874

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

FieldValueIRS element (for citing)
CategoryLegal-Annual report filingCategoryTxt
Legal Fees$361LegalFeesAmt
Net Investment Income$361NetInvestmentIncomeAmt
Adjusted Net Income$361AdjustedNetIncomeAmt
Disbursements Charitable Prps$361DisbursementsCharitablePrpsAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

FieldValueIRS element (for citing)
Desc2020 Form 990-PF Tax PaidDesc
Amt$32Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp

FieldValueIRS element (for citing)
DescIllinois charity feesDesc
Revenue And Expenses Per Books$15RevenueAndExpensesPerBooksAmt
Net Investment Income$15NetInvestmentIncomeAmt
Adjusted Net Income$15AdjustedNetIncomeAmt
Disbursements Charitable Prps$15DisbursementsCharitablePrpsAmt

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

FieldValueIRS element (for citing)
DescRoundingDesc
Amt$1Amt