D AND R FUND: Form 990PF, tax year 2021
View the entire original 990 at ProPublica ↗
- Organization
- D AND R FUND (EIN 36-6057159)
- Tax period
- 2021-01-01 to 2021-12-31
- Filed
- 2022-11-14
- IRS object ID
- 202243189349105919
- Schema version
- 2021v4.2
- 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
- Dissolution Stmt
- Liquidation Explanation Stmt
- Legal Fees Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2022-11-14T16:14:50-06:00 | ReturnTs |
| Tax Period End | 2021-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 362700600 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WINEBERG SOLHEIM HOWELL & SHAIN PC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 180 N LASALLE ST STE 2200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2021-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366057159 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | D AND R FUND | BusinessNameLine1Txt |
| Business Name Line2 | C/O JAMES GLASSER | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | DAND | BusinessNameControlTxt |
| Phone | 3126216214 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 | AddressLine1Txt |
| City | OAK LAWN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60454 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JAMES GLASSER | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 3126216214 | PhoneNum |
| Signature | 2022-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | JAMES | PersonFirstNm |
| Person Last | GLASSER | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | HOCHAN SONG CPA | PreparerPersonNm |
| PTIN | P00438729 | PTIN |
| Phone | 3123720440 | PhoneNum |
| Preparation | 2022-11-09 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2021 | TaxYr |
| Build TS | 2022-09-23 18:48:47Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Final Return | Yes (X) | FinalReturnInd |
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $0 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $131,666 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $131,666 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $3,025,715 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $3,075,387 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $3,025,715 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $37,140 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $37,140 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,194,521 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,194,521 | 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 | $15,054 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $15,054 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $9,500 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $9,500 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $130,608 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $13,608 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $56,216 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $56,216 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $249,664 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $249,664 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $461,042 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $344,042 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $1,050,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $1,050,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $1,511,042 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $344,042 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,050,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $1,683,479 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,850,479 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $5,497 | CashBOYAmt |
| Sav And Temp Cash Invst BOY | $3,233,542 | SavAndTempCashInvstBOYAmt |
| Other Investments BOY | $22,564,458 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $0 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $0 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $33,588 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $25,837,085 | TotalAssetsBOYAmt |
| Total Assets EOY | $0 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $0 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $699,160 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $699,160 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $25,137,925 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $25,137,925 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $25,837,085 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $0 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $25,137,925 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $1,683,479 | ExcessRevenueOverExpensesAmt |
| Other Increases | $334 | OtherIncreasesAmt |
| Subtotal | $26,821,738 | SubtotalAmt |
| Other Decreases | $26,821,738 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $0 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (41 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt | AcquiredAcquiredDt | SoldSoldDt |
|---|---|---|---|---|---|---|---|
| SECTION 1231 PASSTHRU GAIN/LOSS | P | $55,579 | $55,579 | $55,579 | |||
| SECTION 1256 PASSTHRU GAIN/LOSS | P | -$10,154 | -$10,154 | $10,154 | |||
| SECTION 1256 PASSTHRU GAIN/LOSS | P | -$15,231 | -$15,231 | $15,231 | |||
| 2011/2012 GRESHAM PRIVATE EQUITY STRAT | P | $464 | $464 | $464 | |||
| GP CHINA VENTURE CAPITAL LP | P | $1,276 | $1,276 | $1,276 | |||
| GP CHINA VENTURE CAPITAL II LP | P | $49 | $49 | $49 | |||
| GP EMERGING MARKETS STRATEGIES | P | $115,824 | $115,824 | $115,824 | |||
| GP GLOBAL EQUITY STRATEGIES | P | $364,151 | $364,151 | $364,151 | |||
| GRESHAM PRIVATE EQTY FD I | P | -$869 | -$869 | $869 | |||
| GRESHAM PRIVATE EQTY FD II | P | $1,351 | $1,351 | $1,351 | |||
| 2013 GRESHAM PRIVATE EQUITY STRAT | P | $3 | $3 | $3 | |||
| 2014 GRESHAM PRIVATE EQUITY STRAT | P | $2,150 | $2,150 | $2,150 | |||
| 2015 GRESHAM PRIVATE EQUITY STRAT | P | $1,498 | $1,498 | $1,498 | |||
| 2016 GRESHAM PRIVATE EQUITY STRAT | P | $2,270 | $2,270 | $2,270 | |||
| 2017 GRESHAM PRIVATE EQUITY STRAT | P | $1,443 | $1,443 | $1,443 | |||
| 2018 GRESHAM PRIVATE EQUITY STRAT | P | $198 | $198 | $198 | |||
| 2019 GRESHAM PRIVATE EQUITY STRAT | P | $1,344 | $1,344 | $1,344 | |||
| 2020 GRESHAM PRIVATE EQUITY STRAT | P | $382 | $382 | $382 | |||
| 2021-22 GRESHAM PRIVATE EQUITY STRAT | P | $54 | $54 | $54 | |||
| 2,725 SHS MEITUAN | P | $113,481 | $101,809 | $101,809 | $11,672 | 2012-07-10 | 2021-03-17 |
| 910 SHS DOORDASH | P | $161,775 | $161,775 | $161,775 | 2016-02-17 | 2021-07-09 | |
| BUILDING REALTY | P | $3,316 | $3,316 | $3,316 | |||
| GEM REALY V | P | $19,784 | $19,784 | $19,784 | |||
| GEM REALY VI | P | $118,921 | $118,921 | $118,921 | |||
| 2011/2012 GRESHAM PRIVATE EQUITY STRAT | P | $222,373 | $222,373 | $222,373 | |||
| GRESHAM CHINA OPPTY FUND | P | -$11,574 | -$11,574 | $11,574 | |||
| GP CHINA VENTURE CAPITAL LP | P | $132,112 | $132,112 | $132,112 | |||
| GP CHINA VENTURE CAPITAL II LP | P | $19,970 | $19,970 | $19,970 | |||
| GP EMERGING MARKETS STRATEGIES | P | $216,166 | $216,166 | $216,166 | |||
| GP GLOBAL EQUITY STRATEGIES | P | $644,689 | $644,689 | $644,689 | |||
| GRESHAM PRIVATE EQTY FD I | P | $40,414 | $40,414 | $40,414 | |||
| GRESHAM PRIVATE EQTY FD II | P | $526,808 | $526,808 | $526,808 | |||
| 2013 GRESHAM PRIVATE EQUITY STRAT | P | $14,595 | $14,595 | $14,595 | |||
| 2014 GRESHAM PRIVATE EQUITY STRAT | P | $80,465 | $80,465 | $80,465 | |||
| 2015 GRESHAM PRIVATE EQUITY STRAT | P | $48,979 | $48,979 | $48,979 | |||
| 2016 GRESHAM PRIVATE EQUITY STRAT | P | $62,800 | $62,800 | $62,800 | |||
| 2017 GRESHAM PRIVATE EQUITY STRAT | P | $20,434 | $20,434 | $20,434 | |||
| 2018 GRESHAM PRIVATE EQUITY STRAT | P | $38,180 | $38,180 | $38,180 | |||
| 2019 GRESHAM PRIVATE EQUITY STRAT | P | $34,634 | $34,634 | $34,634 | |||
| 2020 GRESHAM PRIVATE EQUITY STRAT | P | -$172 | -$172 | $172 | |||
| WILLIAM BLAIR CAP PTRS VII | P | $7,455 | $7,455 | $7,455 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $3,025,715 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $39,622 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $39,622 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $39,622 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $33,400 | 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 | $33,400 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $162 | EsPenaltyAmt |
| Tax Due | $6,384 | TaxDueAmt |
| Applied To ES Tax | $0 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Organization Dissolved Etc | Yes (1) | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | 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 |
| Individual With Books | JAMES GLASSER | IndividualWithBooksNm |
| Phone | 3126216214 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 549 | AddressLine1Txt |
| City | OAK LAWN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60454 | 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 | Yes (1) | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Transactions Fail To Qlfy As Exc | 0 | TransactionsFailToQlfyAsExcInd |
| 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 (8 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 | Address Line1ForeignAddress/AddressLine1Txt | CityForeignAddress/CityNm | CountryForeignAddress/CountryCd | Foreign PostalForeignAddress/ForeignPostalCd |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| LOUISE R GLASSER | ||||||||||||
| 13262 E SADDLEROCK ROAD | TUCSON | AZ | 85749 | PRESIDENT/SECRETARY | 0.00 | $0 | $0 | $0 | ||||
| JAMES J GLASSER | ||||||||||||
| 13262 E SADDLEROCK ROAD | TUCSON | AZ | 85749 | VICE PRESIDENT/TREASURER | 20.00 | $0 | $0 | $0 | ||||
| BABETTE H ROSENTHAL | ||||||||||||
| 324 REGENT WOOD ROAD | NORTHFIELD | IL | 60093 | VICE PRESIDENT | 0.00 | $0 | $0 | $0 | ||||
| EMILY GLASSER | ||||||||||||
| 3 E 84TH STREET APT9 | NEW YORK | NY | 10028 | DIRECTOR | 0.00 | $0 | $0 | $0 | ||||
| SAMUEL L ROSENTHAL | ||||||||||||
| 721 S GREEN BAY ROAD | LAKE FOREST | IL | 60045 | DIRECTOR | 0.00 | $0 | $0 | $0 | ||||
| MARY C GLASSER | ||||||||||||
| DIRECTOR | 0.00 | $0 | $0 | $0 | 6 BRINK CLOSE | CONSTANTIA | SF | 7806 | ||||
| DAN R GLASSER | ||||||||||||
| 2238 MEADOWS DR | PARK CITY | UT | 84060 | DIRECTOR | 0.00 | $0 | $0 | $0 | ||||
| PHILIP D ROSENTHAL | ||||||||||||
| 1335 N ASTOR STREET | CHICAGO | IL | 60610 | DIRECTOR | 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 | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $2,711,276 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $39,565,685 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $42,276,961 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $42,276,961 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $634,154 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $41,642,807 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,082,140 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,082,140 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $39,622 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $38,734 | IncomeTaxAmt |
| Total Tax | $78,356 | TotalTaxAmt |
| Distributable Before Adj | $2,003,784 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $2,003,784 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $2,003,784 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,050,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,050,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,003,784 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $77,338 | ExcessDistributionCyovYr4Amt |
| Total Excess Distribution Cyov | $77,338 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,050,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,050,000 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $77,338 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $77,338 | 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 | $876,446 | 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 (4 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ACCESS LIVING | |||||||
| 115 W CHICAGO AVE | CHICAGO | IL | 60611 | NONE | 501(C)(3) | CIVIC & SOCIAL | $300,000 |
| NEWBERRY LIBRARY | |||||||
| 60 W WALTON STREET | CHICAGO | IL | 60610 | NONE | 501(C)(3) | CIVIC & SOCIAL | $200,000 |
| PLANNED PARENTHOOD | |||||||
| 18 S MICHIGAN AVE 6TH FL | CHICAGO | IL | 60603 | NONE | 501(C)(3) | CIVIC & SOCIAL | $300,000 |
| TEACH FOR AMERICA | |||||||
| 300 W ADAMS | CHICAGO | IL | 60606 | NONE | 501(C)(3) | CIVIC & SOCIAL | $250,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $1,050,000 | 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 | $131,666 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $37,140 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $3,025,715 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,194,521 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,194,521 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $9,500 | Amt |
| Net Investment Income | $9,500 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Dissolution Stmt DissolutionStmt
Dissolution Information DissolutionInformationGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Short ExplanationShortExplanationTxt | DissolutionDissolutionAmt |
|---|---|---|---|---|---|
| D AND R CHARITABLE FUND | |||||
| PO BOX 549 | OAK LAWN | IL | 60454 | BASED ON REVENUE RULING 2002-28, 2002-20 I.R.B. 941; D&R FUND TRANSFERRED ALL ASSETS AT 12/31/21. THE ASSETS WERE TRANSFERRED TO TWO NEWLY CREATED PRIVATE FOUNDATIONS; D&R CHARITABLE FUND (TAX ID 86-2247427) AND D&R LEGACY FUND (TAX ID 86-2554253). THE IRS HAS ACCEPTED FORM 1023 FOR BOTH OF THE NEWLY CREATED PRIVATE FOUNDATIONS. | $35,247,842 |
| D & R LEGACY FUND | |||||
| 324 REGENT WOOD DR | NORTHFIELD | IL | 60093 | BASED ON REVENUE RULING 2002-28, 2002-20 I.R.B. 941; D&R FUND TRANSFERRED ALL ASSETS AT 12/31/21. THE ASSETS WERE TRANSFERRED TO TWO NEWLY CREATED PRIVATE FOUNDATIONS; D&R CHARITABLE FUND (TAX ID 86-2247427) AND D&R LEGACY FUND (TAX ID 86-2554253). THE IRS HAS ACCEPTED FORM 1023 FOR BOTH OF THE NEWLY CREATED PRIVATE FOUNDATIONS. | $11,839,912 |
Liquidation Explanation Stmt LiquidationExplanationStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | BASED ON REVENUE RULING 2002-28, 2002-20 I.R.B. 941; D&R FUND TRANSFERRED ALL ASSETS AT 12/31/21. THE ASSETS WERE TRANSFERRED TO TWO NEWLY CREATED PRIVATE FOUNDATIONS; D&R CHARITABLE FUND (TAX ID 86-2247427) AND D&R LEGACY FUND (TAX ID 86-2554253). THE IRS HAS ACCEPTED FORM 1023 FOR BOTH OF THE NEWLY CREATED PRIVATE FOUNDATIONS. | ExplanationTxt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $15,054 | LegalFeesAmt |
| Net Investment Income | $15,054 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DEFERRED CAPITAL CALL | Desc |
| BOY Book Value | $33,588 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
| EOYFMV | $0 | EOYFMVAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | TRANSFER OF ASSETS | Desc |
| Amt | $26,821,738 | Amt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (20 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SUNDRY EXPENSES | $233 | $233 | $0 |
| INTEREST EXPENSE - PASSTHRU | $20,404 | $20,404 | $0 |
| MISC. PASSTHROUGH EXPENSES - 2% | $161,234 | $161,234 | $0 |
| CONTRIBUTIONS - PASS THRU ENTITIES | $41 | $41 | $0 |
| BUILDING REALTY - PASSTHROUGH ORD. LOSS | $1,152 | $1,152 | $0 |
| 2011/12 PRIVATE EQ. STRAT. - PASSTHROUGH ORD. LOSS | $657 | $657 | $0 |
| 2019 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS | $130 | $130 | $0 |
| GEM REALTY IV - PASSTHROUGH ORD. LOSS | $236 | $236 | $0 |
| DK FUND - PASSTHROUGH ORD. LOSS | $25,457 | $25,457 | $0 |
| 2020 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS | $2,999 | $2,999 | $0 |
| 2021-22 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS | $20 | $20 | $0 |
| GEM REALTY VI - PASSTHROUGH ORD. LOSS | $4,586 | $4,586 | $0 |
| NON DEDUCTIBLE - PASSTHROUGH | $470 | $470 | $0 |
| GEM REALTY V - PASSTHROUGH ORD. LOSS | $14,858 | $14,858 | $0 |
| ROYALTY DEDUCTION - PASSTHROUGH | $1 | $1 | $0 |
| GRESHAM CHINA OPPY FD I - PASSTHROUGH ORD. LOSS | $46 | $46 | $0 |
| 2014 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS | $84 | $84 | $0 |
| PRIVATE EQUITY FD I - PASSTHROUGH ORD. LOSS | $4,957 | $4,957 | $0 |
| PRIVATE EQUITY FD II - PASSTHROUGH ORD. LOSS | $1,094 | $1,094 | $0 |
| 1350 LAKE SHORE - PASSTHROUGH ORD. LOSS | $11,005 | $11,005 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP MISC. INCOME | $685 | $685 | $685 |
| 2013 PRIVATE EQUITY STRATEGIES | $847 | $847 | $847 |
| 2017 PRIVATE EQUITY STRATEGIES | $6,137 | $6,137 | $6,137 |
| MISC. PARTNERSHIP ROYALTY INCOME | $54 | $54 | $54 |
| 2018 PRIVATE EQUITY STRATEGIES | $6,902 | $6,902 | $6,902 |
| 2016 PRIVATE EQUITY STRATEGIES | $332 | $332 | $332 |
| GP EMERGING MKT STRATEGIES | $5,205 | $5,205 | $5,205 |
| GP GLOBAL EQUITY STRATEGIES | $15,969 | $15,969 | $15,969 |
| 2015 PRIVATE EQUITY STRATEGIES | $979 | $979 | $979 |
| GP CHINA VENTURE CAPITAL | $30 | $30 | $30 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | BOOK/TAX DIFFERENCES | Desc |
| Amt | $334 | Amt |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| BUILDING REALTY ASSOC. | $11,688 | $0 |
| 1350 LSD | $510,043 | $0 |
| GRESHAM LASALLE/JAPAN | $167,686 | $0 |
| GEM REALTY FUND III | $5,522 | $0 |
| DEFERRED LIABILIITY | $4,221 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $130,608 | Amt |
| Net Investment Income | $13,608 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $26,426 | $26,426 | $0 |
| FOREIGN TAXES | $26,284 | $26,284 | $0 |
| STATE INCOME TAXES | $3,506 | $3,506 | $0 |