JOSEPH KELLMAN FAMILY FOUNDATION: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: JOSEPH KELLMAN FAMILY FOUNDATION (EIN 36-7336206)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-09-04
IRS object ID: 202012489349100701
Schema version: 2019v5.1
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
Investments Other Schedule2
Land Etc Schedule2
Legal Fees Schedule
Other Expenses Schedule
Other Professional Fees Schedule
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2020-09-04T09:44:39-05:00	ReturnTs
Tax Period End	2019-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	381357951	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	PLANTE & MORAN PLLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	10 S RIVERSIDE PLAZA 9TH FLOOR	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2019-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	367336206	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	THE JOSEPH KELLMAN FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	JOSE	BusinessNameControlTxt
Phone	7739193414	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	1700 E 56TH STREET NO 3508	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60637	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	TROY RATLIFF	PersonNm
Person Title	OFFICER	PersonTitleTxt
Phone	7739193414	PhoneNum
Signature	2020-09-02	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KIMBERLY A HAUMANN	PreparerPersonNm
PTIN	P00546491	PTIN
Phone	3122071040	PhoneNum
Preparation	2020-09-02	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	70.190.130.52	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-09-02	IPDt
IP Tm	10:43:26	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	F18F835EE371A329476A90C9A25407CADD21E201	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2020-11-19 02:30:22Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$12,299,632	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	$65,616	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$65,616	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	-$3,523	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$520,452	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Total Rev And Expnss	$62,093	TotalRevAndExpnssAmt
Total Net Invst Incm	$65,616	TotalNetInvstIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$60,000	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$60,000	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,590	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$5,925	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$0	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$71,701	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$11,701	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$60,000	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$578	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$578	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Deprec And Dpltn Rev And Expnss	$289,384	DeprecAndDpltnRevAndExpnssAmt
Deprec And Dpltn Net Invst Incm	$0	DeprecAndDpltnNetInvstIncmAmt
Other Expenses Rev And Expnss	$202,856	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$394	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$202,462	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$632,034	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$12,673	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$322,462	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$309,371	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$309,371	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$941,405	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$12,673	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$631,833	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$879,312	ExcessRevenueOverExpensesAmt
Net Investment Income	$52,943	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$38,995	CashBOYAmt
Cash EOY	$147,301	CashEOYAmt
Cash EOYFMV	$147,301	CashEOYFMVAmt
Other Investments BOY	$3,965,240	OtherInvestmentsBOYAmt
Other Investments EOY	$3,267,006	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$4,069,759	OtherInvestmentsEOYFMVAmt
Land Bldg Equip Cost Or Other Bss	$11,726,506	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$3,643,934	LandBldgEquipAccumDeprecAmt
Land BOY	$8,371,956	LandBOYAmt
Land EOY	$8,082,572	LandEOYAmt
Land EOYFMV	$8,082,572	LandEOYFMVAmt
Total Assets BOY	$12,376,191	TotalAssetsBOYAmt
Total Assets EOY	$11,496,879	TotalAssetsEOYAmt
Total Assets EOYFMV	$12,299,632	TotalAssetsEOYFMVAmt
Total Liabilities BOY	$0	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	$12,376,191	RetainedEarningBOYAmt
Retained Earning EOY	$11,496,879	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$12,376,191	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$11,496,879	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$12,376,191	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$11,496,879	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$12,376,191	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$879,312	ExcessRevenueOverExpensesAmt
Other Increases	$0	OtherIncreasesAmt
Subtotal	$11,496,879	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$11,496,879	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (3 entries)

PropertyPropertyDesc	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	How AcquiredHowAcquiredCd
STOCKS	$450,469	$467,038	-$16,569	-$16,569
STOCKS	$55,000	$56,937	-$1,937	-$1,937
CAPITAL GAINS DIVIDENDS	$14,983		$14,983	$14,983	P

Field	Value	IRS element (for citing)
Capital Gain Net Income	-$3,523	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$485,085	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$3,919,517	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.123761	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,058,849	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$4,222,849	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.250743	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,769,940	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$5,318,780	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.332772	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$1,292,775	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$7,083,803	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.182497	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$2,270,513	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$8,659,095	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.262211	DistributionYr5Rt
Total Distribution	1.151984	TotalDistributionRt
Average Distribution	0.230397	AverageDistributionRt
Net Vl Noncharitable Assets	$3,941,249	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$908,052	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$529	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$908,581	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$631,833	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,059	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$1,059	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$1,059	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$7,691	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$7,691	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Overpayment	$6,632	OverpaymentAmt
Applied To ES Tax	$6,632	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

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	THE ORGANIZATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	7739193414	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	1700 E 56TH STREET UNIT 3508	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60637	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	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
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 (7 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
JACK KELLMAN
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	PRESIDENT	1.00	$0	$0	$0
TROY RATLIFF
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	VICE PRESIDENT/SECRETARY	1.00	$60,000	$0	$0
LORRIE JONES
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	TREASURER	1.00	$0	$0	$0
COLETTE GILLEN
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	BOARD MEMBER	1.00	$0	$0	$0
KYLE GILLEN
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	BOARD MEMBER	1.00	$0	$0	$0
JAKE KELLMAN
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	BOARD MEMBER	1.00	$0	$0	$0
ALLAN MUCHIN
1700 E 56TH STREET UNIT 3508	CHICAGO	IL	60637	BOARD MEMBER	1.00	$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	$3,939,673	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$61,595	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$4,001,268	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$4,001,268	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$60,019	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$3,941,249	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$197,062	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$197,062	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,059	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,059	TotalTaxAmt
Distributable Before Adj	$196,003	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$196,003	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$196,003	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$631,833	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$631,833	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$631,833	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$196,003	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr5	$1,853,084	ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4	$959,652	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$1,505,453	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$849,467	ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1	$291,545	ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov	$5,459,201	TotalExcessDistributionCyovAmt
Qualifying Distributions	$631,833	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$196,003	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$435,830	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$0	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$0	ExcessDistributionCyovAppCYAmt
Total Corpus	$5,895,031	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	$1,853,084	ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr	$4,041,947	ExcessDistriCyovToNextYrAmt
Excess From Year4	$959,652	ExcessFromYear4Amt
Excess From Year3	$1,505,453	ExcessFromYear3Amt
Excess From Year2	$849,467	ExcessFromYear2Amt
Excess From Year1	$291,545	ExcessFromYear1Amt
Excess From Current Year	$435,830	ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (5 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
HYDE PARK SCHOOL OF DANCE
5650 S WOODLAWN AVE	CHICAGO	IL	60637	PC	GENERAL CHARITABLE PURPOSE	$10,000
KELLMAN CORPORATE COMMUNITY SCHOOLS OF AMERICA
751 S SACRAMENTO	CHICAGO	IL	60612	PC	GENERAL CHARITABLE PURPOSE	$242,916
MUHAMMAD ALI CENTER
144 N 6TH ST	LOUISVILLE	KY	40202	PC	GENERAL CHARITABLE PURPOSE	$1,000
SPECIAL CHILDREN'S CHARITIES
1420 S MICHIGAN AVE	CHICAGO	IL	60605	PC	GENERAL CHARITABLE PURPOSE	$2,000
BETTER BOYS FOUNDATION
5650 S WOODLAWN AVE	CHICAGO	IL	60637	PC	GENERAL CHARITABLE PURPOSE	$53,455

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$309,371	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$65,616	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	-$3,523	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$62,093	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$62,093	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	$5,925	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Depreciation Schedule DepreciationSchedule

Depreciation Property DepreciationPropertyGrp (22 entries)

PropertyPropertyDesc	AcquiredAcquiredDt	Cost Or Other BasisCostOrOtherBasisAmt	Prior Year DepreciationPriorYearDepreciationAmt	Computation MethodComputationMethodTxt	LifeLifeRt	Current Year ExpenseCurrentYearExpenseAmt	Net Investment IncomeNetInvestmentIncomeAmt
CUMULATIVE CONSTRUCTION COSTS	2008-01-01	$8,363,082	$2,360,287	SL	39.000000000000	$219,030	$0
WOOD FLOORS	2008-01-01	$6,405	$1,806	SL	40.000000000000	$160	$0
DRAW #23	2008-01-01	$2,352,371	$663,489	SL	41.000000000000	$57,375	$0
SHABAZZ GC	2008-01-01	$16,195	$4,568	SL	42.000000000000	$386	$0
GLASS WINDOWS	2008-01-01	$6,994	$1,972	SL	43.000000000000	$163	$0
FCL BUILDERS	2008-01-01	$68,005	$19,207	SL	44.000000000000	$1,546	$0
FCL BUILDERS	2008-01-01	$77,565	$21,878	SL	45.000000000000	$1,724	$0
1532 PULASKI	2011-01-01	$53,190	$10,912	SL	46.000000000000	$1,156	$0
1532 BUILDOUT	2012-01-01	$31,978	$5,704	SL	47.000000000000	$680	$0
1532 BUILDOUT	2012-04-30	$164,136	$28,234	SL	48.000000000000	$3,420	$0
COMPUTERS	2008-01-01	$4,750	$4,750	SL	5.000000000000	$0	$0
BLINDS	2008-01-01	$9,000	$9,000	SL	7.000000000000	$0	$0
WIRELESS NETWORK	2008-01-01	$26,985	$26,985	SL	5.000000000000	$0	$0
FURNITURE	2008-01-01	$10,531	$10,531	SL	7.000000000000	$0	$0
OFFICE EQUIPMENT	2008-03-19	$1,497	$1,497	SL	7.000000000000	$0	$0
SIGN	2008-05-28	$3,817	$3,817	SL	7.000000000000	$0	$0
FURNITURE	2008-12-05	$6,040	$6,040	SL	7.000000000000	$0	$0
APPLE COMPUTERS	2007-09-14	$157,441	$157,441	SL	5.000000000000	$0	$0
FURNITURE	2009-01-26	$3,339	$3,339	SL	7.000000000000	$0	$0
APPLE EQUIPMENT	2009-03-11	$3,419	$3,419	SL	5.000000000000	$0	$0
APPLE COMPUTERS	2016-07-01	$18,725	$9,674	SL	5.000000000000	$3,744	$0
LAND	2008-01-01	$341,041		L		$0	$0

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp

Field	Value	IRS element (for citing)
Category Or Item	MANAGED ACCOUNTS	CategoryOrItemTxt
Listed At Cost Or FMV	AT COST	ListedAtCostOrFMVCd
Book Value	$3,267,006	BookValueAmt
EOYFMV	$4,069,759	EOYFMVAmt

Land Etc Schedule2 LandEtcSchedule2

Land Etc LandEtcGrp (22 entries)

Category Or ItemCategoryOrItemTxt	Cost Or Other BasisCostOrOtherBasisAmt	Accumulated DepreciationAccumulatedDepreciationAmt	Book ValueBookValueAmt
CUMULATIVE CONSTRUCTION COSTS	$8,363,082	$2,579,317	$5,783,765
WOOD FLOORS	$6,405	$1,966	$4,439
DRAW #23	$2,352,371	$720,864	$1,631,507
SHABAZZ GC	$16,195	$4,954	$11,241
GLASS WINDOWS	$6,994	$2,135	$4,859
FCL BUILDERS	$68,005	$20,753	$47,252
FCL BUILDERS	$77,565	$23,602	$53,963
1532 PULASKI	$53,190	$12,068	$41,122
1532 BUILDOUT	$31,978	$6,384	$25,594
1532 BUILDOUT	$164,136	$31,654	$132,482
COMPUTERS	$4,750	$4,750	$0
BLINDS	$9,000	$9,000	$0
WIRELESS NETWORK	$26,985	$26,985	$0
FURNITURE	$10,531	$10,531	$0
OFFICE EQUIPMENT	$1,497	$1,497	$0
SIGN	$3,817	$3,817	$0
FURNITURE	$6,040	$6,040	$0
APPLE COMPUTERS	$157,441	$157,441	$0
FURNITURE	$3,339	$3,339	$0
APPLE EQUIPMENT	$3,419	$3,419	$0
APPLE COMPUTERS	$18,725	$13,418	$5,307
LAND	$341,041	$0	$341,041

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$1,590	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
UTILITIES	$81,645	$0	$81,645
INSURANCE	$19,168	$0	$19,168
OFFICE EXPENSE	$2,832	$0	$2,832
POSTAGE AND SHIPPING	$1,958	$0	$1,958
BANK CHARGES	$394	$394	$0
SECURITY	$47,590	$0	$47,590
MAINTENANCE	$48,859	$0	$48,859
TELEPHONE	$410	$0	$410

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
INVESTMENT MANAGEMENT FEES	$11,701	$11,701	$0
CONSULTING	$60,000	$0	$60,000

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail

Field	Value	IRS element (for citing)
Category	FOREIGN TAXES	CategoryTxt
Amt	$578	Amt
Net Investment Income	$578	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt