GALTER FOUNDATION: Form 990PF, tax year 2020
View the entire original 990 at ProPublica ↗
- Organization
- GALTER FOUNDATION (EIN 36-6082419)
- Tax period
- 2020-01-01 to 2020-12-31
- Filed
- 2021-11-14
- IRS object ID
- 202113189349100581
- 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
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2021-11-14T19:34:21-06:00 | ReturnTs |
| Tax Period End | 2020-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 814031109 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FSB&W LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 PARKWAY DRIVE SUITE 330 | AddressLine1Txt |
| City | LINCOLNSHIRE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60069 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2020-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366082419 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE GALTER FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | GALT | BusinessNameControlTxt |
| Phone | 3126645370 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | PO BOX 480752 | AddressLine1Txt |
| City | NILES | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 607140752 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT JOSEPH | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 3126645370 | PhoneNum |
| Signature | 2021-11-08 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | ROBERT | PersonFirstNm |
| Person Last | JOSEPH | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JEFFREY P FLOOM | PreparerPersonNm |
| PTIN | P00014886 | PTIN |
| Phone | 8475801272 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| 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) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $2,831,383 | 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 |
| Interest On Sav Rev And Expnss | $948 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $948 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $46,806 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $46,806 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $27,468 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $275,923 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $27,468 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $29,319 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $29,319 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $104,541 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $104,541 | 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 |
| Taxes Rev And Expnss | $3,221 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $3,221 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $25,466 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $25,466 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $28,687 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $28,687 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $169,500 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $169,500 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $198,187 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $28,687 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $169,500 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$93,646 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $75,854 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $128,513 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $424,615 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $424,615 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $15,333 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $59,958 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $59,986 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $185,937 | CorporateStockBOYAmt |
| Corporate Stock EOY | $185,937 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $185,937 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $2,080,742 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $1,930,031 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,157,562 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $387,566 | OtherAssetsBOYAmt |
| Other Assets EOY | $3,283 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $3,283 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $2,798,091 | TotalAssetsBOYAmt |
| Total Assets EOY | $2,603,824 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $2,831,383 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $435,968 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $335,347 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $435,968 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $335,347 | 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 | $2,362,123 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,268,477 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $2,362,123 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $2,268,477 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $2,798,091 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $2,603,824 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $2,362,123 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$93,646 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $2,268,477 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $2,268,477 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (30 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|---|---|
| CARMAX INC | 2020-03-16 | 2020-09-08 | $527 | $274 | $253 | $253 | |
| CORPUS CHRISTI TEX | 2019-11-21 | 2020-07-15 | $15,000 | $15,000 | $0 | $0 | |
| COVETRUS INC | 2019-08-13 | 2020-06-03 | $3,371 | $2,599 | $772 | $772 | |
| DELTA AIRLINES INC | 2019-10-02 | 2020-04-06 | $3,097 | $7,614 | -$4,517 | -$4,517 | |
| FEDEX CORP | 2019-04-05 | 2020-03-06 | $5,219 | $7,805 | -$2,586 | -$2,586 | |
| PROSUS | 2019-09-19 | 2020-03-09 | $2,604 | $3,117 | -$513 | -$513 | |
| TENCENT HLDGS | 2019-11-05 | 2020-03-09 | $5,249 | $4,693 | $556 | $556 | |
| VIACOMCBS INC | 2020-02-27 | 2020-12-14 | $7,101 | $4,969 | $2,132 | $2,132 | |
| AMERCO | 2016-09-19 | 2020-08-04 | $6,942 | $7,208 | -$266 | -$266 | |
| ANALOG DEVICES INC | 2018-10-30 | 2020-09-25 | $30,244 | $29,793 | $451 | $451 | |
| ANALOG DEVICES INC | 2018-02-07 | 2020-04-14 | $8,128 | $7,840 | $288 | $288 | |
| APPLE INC | 2014-01-28 | 2020-06-24 | $11,473 | $2,484 | $8,989 | $8,989 | |
| BANK OF AMERICA | 2016-02-23 | 2020-03-06 | $9,867 | $4,859 | $5,008 | $5,008 | |
| BOEING | 2014-10-24 | 2020-04-06 | $3,339 | $3,053 | $286 | $286 | |
| BOOKING HLDGS | 2019-05-10 | 2020-09-08 | $3,807 | $3,619 | $188 | $188 | |
| CBRE GROUP INC | 2016-01-15 | 2020-12-02 | $6,491 | $3,044 | $3,447 | $3,447 | |
| CARMAX INC | 2016-01-07 | 2020-09-08 | $14,838 | $7,797 | $7,041 | $7,041 | |
| COMCAST CORP | 2019-02-05 | 2020-05-07 | $32,407 | $29,458 | $2,949 | $2,949 | |
| COVETRUS INC | 2019-08-13 | 2020-12-21 | $2,060 | $958 | $1,102 | $1,102 | |
| GENERAL ELEC | 2017-09-11 | 2020-09-16 | $25,000 | $25,000 | $0 | $0 | |
| GOLDMAN SACHS GROUP | 2018-01-12 | 2020-03-17 | $5,641 | $8,991 | -$3,350 | -$3,350 | |
| HOME DEPOT INC | 2018-04-23 | 2020-03-26 | $30,925 | $28,756 | $2,169 | $2,169 | |
| JACOBS ENGR GROUP | 2015-07-22 | 2020-03-19 | $4,098 | $2,247 | $1,851 | $1,851 | |
| MULTICHOICE GROUP | 2019-02-28 | 2020-03-13 | $169 | $258 | -$89 | -$89 | |
| PPG INDS INC | 2017-09-05 | 2020-03-16 | $7,088 | $8,820 | -$1,732 | -$1,732 | |
| QUANTA SVCS INC | 2019-06-03 | 2020-12-02 | $13,795 | $7,290 | $6,505 | $6,505 | |
| ROBERT HALF INTL | 2016-05-13 | 2020-11-13 | $5,565 | $3,499 | $2,066 | $2,066 | |
| VALMONT INDUSTRIES | 2015-02-27 | 2020-03-13 | $1,810 | $2,502 | -$692 | -$692 | |
| VIACOMCBS INC | 2014-11-12 | 2020-12-01 | $9,187 | $14,908 | -$5,721 | -$5,721 | |
| STYX INTERNATIONAL | 2017-01-01 | 2020-12-31 | $881 | $881 | $881 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $27,468 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $1,054 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $1,054 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $1,054 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $3,600 | 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 | $3,600 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $9 | EsPenaltyAmt |
| Overpayment | $2,537 | OverpaymentAmt |
| Applied To ES Tax | $2,537 | 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 | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | 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 | FSBW LLC | IndividualWithBooksNm |
| Phone | 8475801272 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 250 PARKWAY DRIVE SUITE 330 | AddressLine1Txt |
| City | LINCOLNSHIRE | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60069 | 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 (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 |
|---|---|---|---|---|---|---|---|---|
| HIRSHEL GOODMAN | ||||||||
| PO BOX 480752 | NILES | IL | 60714 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| ROBERT JOSEPH | ||||||||
| PO BOX 480752 | NILES | IL | 60714 | DIRECTOR | 0.00 | $0 | $0 | $0 |
| KAREN GOODMAN | ||||||||
| PO BOX 480752 | NILES | IL | 60714 | 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 | $1,494,817 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $656,664 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $761,003 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $2,912,484 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $2,912,484 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $43,687 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $2,868,797 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $143,440 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $143,440 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $1,054 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $1,054 | TotalTaxAmt |
| Distributable Before Adj | $142,386 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $142,386 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $142,386 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $169,500 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $169,500 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $0 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $169,500 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $142,386 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr4 | $14,465 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $102,106 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $13,915 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $7,323 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $137,809 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $169,500 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $142,386 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $27,114 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $164,923 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $164,923 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $14,465 | ExcessFromYear4Amt |
| Excess From Year3 | $102,106 | ExcessFromYear3Amt |
| Excess From Year2 | $13,915 | ExcessFromYear2Amt |
| Excess From Year1 | $7,323 | ExcessFromYear1Amt |
| Excess From Current Year | $27,114 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (14 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ADVOCATE CHARITABLE FOUNDATION | |||||||
| 205 W TOUHY 225 | PARK RIDGE | IL | 60068 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $7,500 |
| BOYS TOWN JERUSALEM | |||||||
| 110 HILLSIDE SUITE 14 | LAKEWOOD | NJ | 08701 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $25,000 |
| CHICAGO JEWISH FEDERATION | |||||||
| 30 S WELLS | CHICAGO | IL | 60606 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $12,500 |
| CHICAGO YOUTH PROGRAMS | |||||||
| 5350 S PRARIE AVE | CHICAGO | IL | 60615 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $1,000 |
| CITY OF HOPE HARDWAREHOME IMPROVEMENT 1 | |||||||
| 1055 WILSHIRED BLVD 12TH FL | LOS ANGELES | CA | 90017 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $1,000 |
| GALTER LIFE CENTER ON THE GREEN | |||||||
| 5157 N FRANCISCO | CHICAGO | IL | 60625 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $25,000 |
| KOHL CHILDREN MUSEUM | |||||||
| 2100 PATRIOT BLV | GLENVIEW | IL | 60026 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $7,500 |
| LURIE CHILDREN HOSPITAL | |||||||
| 225 E CHICAGO AVE | CHICAGO | IL | 60611 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $7,500 |
| NORTHWESTERN FOUNDATION | |||||||
| 251 E HURON | CHICAGO | IL | 60611 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $25,000 |
| NORTHWESTERN UNIVERSITY | |||||||
| 633 CLARK STREET | EVANSTON | IL | 60208 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $10,000 |
| PAWS | |||||||
| 1110 W 35TH ST | CHICAGO | IL | 60609 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $7,500 |
| SHAARE ZEDEK MEDICAL CENTER | |||||||
| 55 W 39TH STREET 4TH FLOOR | NEW YORK | NY | 10018 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $7,500 |
| SWEDISH COVENANT HOSPITAL | |||||||
| 5145 N CALIFORNIA | CHICAGO | IL | 60625 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $25,000 |
| WTTW CHANNEL 11 | |||||||
| 5400 N ST LOUIS AVE | CHICAGO | IL | 60625 | NONE | CHARITY | TO FOSTER AND PROMOTE ACTIVITIES OF RECIPIENT | $7,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $169,500 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $948 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $46,806 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 42 | ExclusionCd |
| Exclusion | $29,319 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $27,468 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $104,541 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $104,541 | 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 |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | 555 SHARES OF GALTER CORPORATION | StockNm |
| EOY Book Value | $185,937 | EOYBookValueAmt |
| EOYFMV | $185,937 | EOYFMVAmt |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $59,958 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $59,986 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | OTHER INVESTMENTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $1,930,031 | BookValueAmt |
| EOYFMV | $2,157,562 | EOYFMVAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (5 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| PURCHASED INTEREST | $890 | $478 | $478 |
| FEDERAL TAX DEPOSIT | $2,000 | $2,324 | $2,324 |
| RECEIVABLE FROM GALNET ALPHA FUND LLC | $381,722 | $0 | $0 |
| RECEIVABLE FROM WD XXX HOLDINGS LLC | $2,954 | ||
| RECEIVABLE FROM WD XX HOLDINGS LLC | $481 | $481 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT FEES | $9,587 | $9,587 | $0 |
| SECURITIES AMORTIZATION | $15,651 | $15,651 | $0 |
| PENALTIES | $86 | $86 | $0 |
| MISCELLANEOUS | $142 | $142 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| ACCRETION - BONDS | $19,988 | $19,988 | $19,988 |
| WD XX RENTAL INCOME | $5,344 | $5,344 | $5,344 |
| WD XXX RENTAL INCOME | $397 | $397 | $397 |
| WD XXX ORDINARY INCOME | $44 | $44 | $44 |
| MEDFORD INT EXPENSE | -$48 | -$48 | -$48 |
| WD XX 1231 GAIN | $3,262 | $3,262 | $3,262 |
| WD XXX 1231 GAIN | $303 | $303 | $303 |
| PFIZER SETTLEMENT | $29 | $29 | $29 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | DUE TO GALTER CORPORATION | Desc |
| BOY Book Value | $435,968 | BOYBookValueAmt |
| EOY Book Value | $335,347 | EOYBookValueAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | US TREASURY | CategoryTxt |
| Amt | $3,221 | Amt |
| Net Investment Income | $3,221 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |