D AND R FUND: Form 990PF, tax year 2019

View the entire original 990 at ProPublica ↗

Organization: D AND R FUND (EIN 36-6057159)
Tax period: 2019-01-01 to 2019-12-31
Filed: 2020-11-11
IRS object ID: 202033169349101288
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
Investments Other Schedule2
Legal Fees Schedule
Other Assets 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	2020-11-11T14:35:45-06:00	ReturnTs
Tax Period End	2019-12-31	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	2019-01-01	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	500 W MONROE ST SUITE 2660	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60661	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	JAMES GLASSER	PersonNm
Person Title	DIRECTOR	PersonTitleTxt
Phone	3126216214	PhoneNum
Signature	2020-11-04	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL S SOLHEIM CPA	PreparerPersonNm
PTIN	P00570974	PTIN
Phone	3123720440	PhoneNum
Preparation	2020-11-04	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	38.140.55.90	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2020-11-04	IPDt
IP Tm	10:51:20	IPTm
IP Timezone	CS	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	1BD3BB25ECC3EF9F848E723B693EFFEB315E5623	AtSubmissionCreationDeviceId
At Submission Filing Device Id	D4F0D2DBF80ECCA52B9C335BA6AA5974C74F1063	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2019	TaxYr
Build TS	2021-04-22 16:20:28Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$35,708,494	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	$365,938	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$365,938	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$1,256,467	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$1,390,842	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$1,256,467	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$168,312	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$168,312	OtherIncomeNetInvstIncmAmt
Total Rev And Expnss	$1,790,717	TotalRevAndExpnssAmt
Total Net Invst Incm	$1,790,717	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	$0	CompOfcrDirTrstDsbrsChrtblAmt
Legal Fees Rev And Expnss	$1,608	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$1,608	LegalFeesNetInvstIncmAmt
Legal Fees Dsbrs Chrtbl	$0	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$9,200	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$9,200	AccountingFeesNetInvstIncmAmt
Accounting Fees Chrtbl Prps	$0	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$140,846	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$140,846	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Dsbrs Chrtbl	$0	OtherProfFeesDsbrsChrtblAmt
Taxes Rev And Expnss	$97,143	TaxesRevAndExpnssAmt
Taxes Net Invst Incm	$97,143	TaxesNetInvstIncmAmt
Taxes Dsbrs Chrtbl	$0	TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss	$445,662	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$445,662	OtherExpensesNetInvstIncmAmt
Other Expenses Dsbrs Chrtbl	$0	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$754,459	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$694,459	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$1,483,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$1,483,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$2,237,459	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$694,459	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$1,483,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	-$446,742	ExcessRevenueOverExpensesAmt
Net Investment Income	$1,096,258	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$5,497	CashBOYAmt
Cash EOY	$5,497	CashEOYAmt
Cash EOYFMV	$5,497	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$2,836,846	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$2,734,965	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$2,734,965	SavAndTempCashInvstEOYFMVAmt
Other Investments BOY	$28,505,466	OtherInvestmentsBOYAmt
Other Investments EOY	$29,916,771	OtherInvestmentsEOYAmt
Other Investments EOYFMV	$32,353,842	OtherInvestmentsEOYFMVAmt
Other Assets BOY	$300,000	OtherAssetsBOYAmt
Other Assets EOY	$614,190	OtherAssetsEOYAmt
Other Assets EOYFMV	$614,190	OtherAssetsEOYFMVAmt
Total Assets BOY	$31,647,809	TotalAssetsBOYAmt
Total Assets EOY	$33,271,423	TotalAssetsEOYAmt
Total Assets EOYFMV	$35,708,494	TotalAssetsEOYFMVAmt
Other Liabilities BOY	$596,001	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$636,770	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$596,001	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$636,770	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	$31,051,808	RetainedEarningBOYAmt
Retained Earning EOY	$32,634,653	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$31,051,808	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$32,634,653	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$31,647,809	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$33,271,423	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$31,051,808	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	-$446,742	ExcessRevenueOverExpensesAmt
Other Increases	$2,029,587	OtherIncreasesAmt
Subtotal	$32,634,653	SubtotalAmt
Other Decreases	$0	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$32,634,653	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (35 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	Gross Sales PriceGrossSalesPriceAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt	Cost Or Other BasisCostOrOtherBasisAmt
SECTION 1231 PASSTHRU GAIN/LOSS	P	$31,029	$31,029	$31,029
SECTION 1256 PASSTHRU GAIN/LOSS	P		-$1,560	-$1,560	$1,560
SECTION 1256 PASSTHRU GAIN/LOSS	P		-$2,339	-$2,339	$2,339
2011/2012 GRESHAM PRIVATE EQUITY STRAT	P	$1,264	$1,264	$1,264
2011/2012 GRESHAM PRIVATE EQUITY STRAT	P	$95,205	$95,205	$95,205
2013 GRESHAM PRIVATE EQUITY STRAT	P	$230	$230	$230
2013 GRESHAM PRIVATE EQUITY STRAT	P	$32,109	$32,109	$32,109
2014 GRESHAM PRIVATE EQUITY STRAT	P		-$131	-$131	$131
2014 GRESHAM PRIVATE EQUITY STRAT	P	$18,733	$18,733	$18,733
2015 GRESHAM PRIVATE EQUITY STRAT	P		-$150	-$150	$150
2015 GRESHAM PRIVATE EQUITY STRAT	P	$2,803	$2,803	$2,803
2016 GRESHAM PRIVATE EQUITY STRAT	P	$418	$418	$418
2016 GRESHAM PRIVATE EQUITY STRAT	P	$2,175	$2,175	$2,175
2017 GRESHAM PRIVATE EQUITY STRAT	P	$1,136	$1,136	$1,136
2017 GRESHAM PRIVATE EQUITY STRAT	P	$1,610	$1,610	$1,610
2018 GRESHAM PRIVATE EQUITY STRAT	P	$1,024	$1,024	$1,024
2018 GRESHAM PRIVATE EQUITY STRAT	P		-$1,190	-$1,190	$1,190
GP CHINA VENTURE CAPITAL LP	P		-$61	-$61	$61
GP CHINA VENTURE CAPITAL LP	P	$34,375	$34,375	$34,375
GP CHINA VENTURE CAPITAL II LP	P		-$592	-$592	$592
GP CHINA VENTURE CAPITAL II LP	P		-$16,523	-$16,523	$16,523
GP GLOBAL EQUITY STRATEGIES	P	$127,644	$127,644	$127,644
GP GLOBAL EQUITY STRATEGIES	P	$298,984	$298,984	$298,984
GRESHAM CHINA OPPTY FUND I	P	$20,985	$20,985	$20,985
GRESHAM PRIVATE EQTY FD I	P		-$728	-$728	$728
GRESHAM PRIVATE EQTY FD I	P	$550,146	$550,146	$550,146
GRESHAM PRIVATE EQTY FD II	P	$2,678	$2,678	$2,678
GRESHAM PRIVATE EQTY FD II	P	$140,355	$140,355	$140,355
GP EMERGING MARKETS STRATEGIES	P		-$40,673	-$40,673	$40,673
GP EMERGING MARKETS STRATEGIES	P		-$44,663	-$44,663	$44,663
GEM REALTY FUND III	P		-$9,323	-$9,323	$9,323
GEM REALTY FUND V	P	$17,363	$17,363	$17,363
TRIDENT CAPITAL FUND V	P		-$16,442	-$16,442	$16,442
WILLIAM BLAIR CAP PTNERS VII QP	P	$10,576	$10,576	$10,576
	P		$0	$0

Field	Value	IRS element (for citing)
Capital Gain Net Income	$1,256,467	CapitalGainNetIncomeAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	0	LiableSection4942TaxInd
Adjusted Qlfy Distri Yr1	$1,525,000	AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1	$34,224,103	NetVlNoncharitableAssetsYr1Amt
Distribution Yr1	0.044559	DistributionYr1Rt
Adjusted Qlfy Distri Yr2	$1,675,000	AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2	$32,743,974	NetVlNoncharitableAssetsYr2Amt
Distribution Yr2	0.051154	DistributionYr2Rt
Adjusted Qlfy Distri Yr3	$1,670,000	AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3	$32,201,481	NetVlNoncharitableAssetsYr3Amt
Distribution Yr3	0.051861	DistributionYr3Rt
Adjusted Qlfy Distri Yr4	$1,645,000	AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4	$32,657,190	NetVlNoncharitableAssetsYr4Amt
Distribution Yr4	0.050372	DistributionYr4Rt
Adjusted Qlfy Distri Yr5	$1,382,500	AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5	$31,102,271	NetVlNoncharitableAssetsYr5Amt
Distribution Yr5	0.044450	DistributionYr5Rt
Total Distribution	0.242396	TotalDistributionRt
Average Distribution	0.048479	AverageDistributionRt
Net Vl Noncharitable Assets	$35,469,750	NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets	$1,719,538	AdjNetVlNoncharitableAssetsAmt
Net Investment Income Pct	$10,963	NetInvestmentIncomePctAmt
Adj Nonchrtbl Net Invst Incm Pct	$1,730,501	AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions	$1,483,000	QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$21,925	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$21,925	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$21,925	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$43,824	EstimatedPlusOvpmtIncmTxAmt
Extsn Request Income Tax Paid	$41,000	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$84,824	TotalPaymentsAndCreditsAmt
Form2220 Attached	Yes (X)	Form2220AttachedInd
Es Penalty	$0	EsPenaltyAmt
Overpayment	$62,899	OverpaymentAmt
Applied To ES Tax	$21,960	AppliedToESTaxAmt
Refund	$40,939	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	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	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	500 W MONROE ST STE 2660	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60661	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	$60,000	$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
2600 LUCKY JOHN DRIVE	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	$3,364,952	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$32,644,946	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$36,009,898	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$36,009,898	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$540,148	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$35,469,750	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$1,773,488	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$1,773,488	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$21,925	TaxBasedOnInvestmentIncomeAmt
Income Tax	$8,287	IncomeTaxAmt
Total Tax	$30,212	TotalTaxAmt
Distributable Before Adj	$1,743,276	DistributableBeforeAdjAmt
Recoveries Qualfied Distri	$0	RecoveriesQualfiedDistriAmt
Distributable Before Ded	$1,743,276	DistributableBeforeDedAmt
Deduction From Distributable	$0	DeductionFromDistributableAmt
Distributable As Adjusted	$1,743,276	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,483,000	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,483,000	QualifyingDistributionsAmt
Pct Sect4940e Org Net Invst Incm	$0	PctSect4940eOrgNetInvstIncmAmt
Adjusted Qualifying Distri	$1,483,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$1,743,276	DistributableAsAdjustedAmt
Undistributed Income PY	$0	UndistributedIncomePYAmt
Total For Prior Years	$0	TotalForPriorYearsAmt
Excess Distribution Cyov Yr4	$159,852	ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3	$105,699	ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2	$92,336	ExcessDistributionCyovYr2Amt
Total Excess Distribution Cyov	$357,887	TotalExcessDistributionCyovAmt
Qualifying Distributions	$1,483,000	QualifyingDistributionsAmt
Applied To Year1	$0	AppliedToYear1Amt
Applied To Prior Years	$0	AppliedToPriorYearsAmt
Treated As Distri From Corpus	$0	TreatedAsDistriFromCorpusAmt
Applied To Current Year	$1,483,000	AppliedToCurrentYearAmt
Remaining Distri From Corpus	$0	RemainingDistriFromCorpusAmt
Excess Distri Cyov App CY Corpus	$260,276	ExcessDistriCyovAppCYCorpusAmt
Excess Distribution Cyov App CY	$260,276	ExcessDistributionCyovAppCYAmt
Total Corpus	$97,611	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	$97,611	ExcessDistriCyovToNextYrAmt
Excess From Year3	$5,275	ExcessFromYear3Amt
Excess From Year2	$92,336	ExcessFromYear2Amt

Supplementary Information SupplementaryInformationGrp

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

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (39 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient RelationshipRecipientRelationshipTxt	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
DOVETAIL PROJECT
7300 S COTTAGE GROVE	CHICAGO	IL	60619	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
ACCESS COMMUNITY HEALTH NETWORK
600 W FULTON	CHICAGO	IL	60601	NONE	501(C)(3)	CIVIC & SOCIAL	$15,000
ACCESS LIVING
115 W CHICAGO AVE	CHICAGO	IL	60611	NONE	501(C)(3)	CIVIC & SOCIAL	$100,000
ANIMATE AFRICA
2081 CENTER ST	BERKELEY	CA	94704	NONE	501(C)(3)	CIVIC & SOCIAL	$15,000
BERNIES BOOK FUND
985 MAPLEWOOD RD	LAKE FOREST	IL	60045	NONE	501(C)(3)	CIVIC & SOCIAL	$10,000
CHICAGO COALITION FOR THE HOMELESS
70 E LAKE ST	CHICAGO	IL	60601	NONE	501(C)(3)	CIVIC & SOCIAL	$15,000
CHICAGO HIGH SCHOOL FOR THE ARTS
521 E 35TH ST	CHICAGO	IL	60616	NONE	501(C)(3)	CIVIC & SOCIAL	$30,000
CHILDSERV
8765 W HIGGINS	CHICAGO	IL	60631	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
ERIE FAMILY HEALTH CENTER
1701 W SUPERIOR ST	CHICAGO	IL	60622	NONE	501(C)(3)	CIVIC & SOCIAL	$30,000
ERIKSON INSTITUTE
451 N LASALLE	CHICAGO	IL	60654	NONE	501(C)(3)	CIVIC & SOCIAL	$30,000
EXCEPTIONAL MINDS
13400 RIVERSIDE DR	SHERMAN OAKS	CA	91423	NONE	501(C)(3)	CIVIC & SOCIAL	$5,000
FAMILY SERVICE OF LAKE COUNTY
777 CENTRAL AVE	HIGHLAND PARK	IL	60035	NONE	501(C)(3)	CIVIC & SOCIAL	$10,000
FIELD MUSEUM OF NATURAL HISTORY
1400 S LAKE SHORE DR	CHICAGO	IL	60605	NONE	501(C)(3)	CIVIC & SOCIAL	$200,000
FULFILLMENT FUND
6100 WILSHIRE BLVD	LOS ANGELES	CA	90048	NONE	501(C)(3)	CIVIC & SOCIAL	$5,000
GOODMAN THEATRE
170 N DEARBORN	CHICAGO	IL	60601	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
GREATER CHICAGO FOOD DEPOSITORY
4100 W ANN LURIE PLACE	CHICAGO	IL	60632	NONE	501(C)(3)	CIVIC & SOCIAL	$40,000
HEARTLAND ALLIANCE
208 S LASALLE	CHICAGO	IL	60604	NONE	501(C)(3)	CIVIC & SOCIAL	$20,000
JEWISH UNITED FUND OF METROPOLITAN CHICAGO
150 S WACKER DRIVE STE 3275	CHICAGO	IL	60606	NONE	501(C)(3)	CIVIC & SOCIAL	$175,000
JOHN G SHEDD AQUARIUM
1200 S LAKE SHORE DR	CHICAGO	IL	60605	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
LAWRENCE HALL YOUTH SERVICES
4833 N FRANCISCO AVE	CHICAGO	IL	60625	NONE	501(C)(3)	CIVIC & SOCIAL	$30,000
LINCOLN PARK ZOO
PO BOX 14903	CHICAGO	IL	60614	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
LURIE CHILDREN'S HOSPITAL OF CHICAGO
225 E CHICAGO AVE	CHICAGO	IL	60611	NONE	501(C)(3)	CIVIC & SOCIAL	$100,000
MERIT SCHOOL OF MUSIC
38 S PEORIA ST	CHICAGO	IL	60607	NONE	501(C)(3)	CIVIC & SOCIAL	$18,000
MILLENNIUM PARK
201 E RANDOLPH ST	CHICAGO	IL	60601	NONE	501(C)(3)	CIVIC & SOCIAL	$10,000
MUSEUM OF MODERN ART
11 W 53RD STREET	NEW YORK	NY	10019	NONE	501(C)(3)	CIVIC & SOCIAL	$15,000
NEWBERRY LIBRARY
60 W WALTON STREET	CHICAGO	IL	60610	NONE	501(C)(3)	CIVIC & SOCIAL	$100,000
NORTH SHORE SENIOR CENTER
161 NORTHFIELD ROAD	NORTHFIELD	IL	60093	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
OUNCE OF PREVENTION FUND
33 W MONROE	CHICAGO	IL	60603	NONE	501(C)(3)	CIVIC & SOCIAL	$25,000
PLANNED PARENTHOOD
18 S MICHIGAN AVE 6TH FL	CHICAGO	IL	60603	NONE	501(C)(3)	CIVIC & SOCIAL	$100,000
POSSE FOUNDATION
111 W JACKSON	CHICAGO	IL	60604	NONE	501(C)(3)	CIVIC & SOCIAL	$30,000
RONALD MCDONALD HOUSE
1301 W 22ND ST STE 905	OAK BROOK	IL	60523	NONE	501(C)(3)	CIVIC & SOCIAL	$5,000
TEACH FOR AMERICA
300 W ADAMS	CHICAGO	IL	60606	NONE	501(C)(3)	CIVIC & SOCIAL	$125,000
SNOW CITY ART
1653 W CONGRESS PARKWAY	CHICAGO	IL	60612	NONE	501(C)(3)	CIVIC & SOCIAL	$10,000
WITS - WORKING IN THE SCHOOLS
641 W LAKE ST STE 200	CHICAGO	IL	60661	NONE	501(C)(3)	CIVIC & SOCIAL	$20,000
AUTOMOTIVE MENTORING GROUP
6522 S LAVERGNE	BEDFORD	IL	60638	NONE	501(C)(3)	CIVIC & SOCIAL	$20,000
CHRISTOPHER HOUSE
5235 W BELDEN	CHICAGO	IL	60639	NONE	501(C)(3)	CIVIC & SOCIAL	$10,000
DISABLED SPORTS EASTERN SIERRA
PO BOX 7275	MAMMOTH LAKES	CA	93546	NONE	501(C)(3)	CIVIC & SOCIAL	$5,000
FILL A HEART 4 KIDS
400 E ILLINOIS RD	LAKE FOREST	IL	60045	NONE	501(C)(3)	CIVIC & SOCIAL	$5,000
HIGH JUMP
59 W NORTH BOULEVARD	CHICAGO	IL	60610	NONE	501(C)(3)	CIVIC & SOCIAL	$5,000

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$1,483,000	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	$365,938	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$168,312	ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	18	ExclusionCd
Exclusion	$1,256,467	ExclusionAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$1,790,717	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$1,790,717	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	$9,200	Amt
Net Investment Income	$9,200	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Investments Other Schedule2 InvestmentsOtherSchedule2

Investments Other InvestmentsOtherGrp (22 entries)

Category Or ItemCategoryOrItemTxt	Listed At Cost Or FMVListedAtCostOrFMVCd	Book ValueBookValueAmt	EOYFMVEOYFMVAmt
WM. BLAIR CAPITAL PTRS VII	FMV	$4,227	$14,124
GEM REALTY CAPITAL III	FMV	$5,107	$5,133
GP GLOBAL EQUITY STRATEGIES	FMV	$7,298,277	$7,298,275
GRESHAM - LOW VOLATILITY OFFSHORE	FMV	$2,909,278	$4,149,295
GRESHAM PRIVATE EQUITY I	FMV	$950,020	$831,246
GRESHAM PRIVATE EQUITY II	FMV	$2,989,711	$2,776,627
GEM REALTY FUND IV	FMV	$55,106	$5,265
GRESHAM CHINA OPPT. FUND I	FMV	$1,215,497	$1,174,426
2011/12 PRIVATE EQUITY STRATEGIES	FMV	$1,162,651	$1,087,542
2013 PRIVATE EQUITY STRATEGIES	FMV	$482,833	$501,212
GEM REALTY V	FMV	$627,129	$851,363
2014 PRIVATE EQUITY STRATEGIES	FMV	$724,483	$720,738
GRESHAM OPPORT.GROWTH STRATEGIES OFFSHORE	FMV	$4,250,146	$5,759,108
2015 PRIVATE EQUITY STRATEGIES	FMV	$741,560	$718,902
GRESHAM CHINA VENTURE	FMV	$1,331,904	$1,289,096
GRESHAM EMERGING MARKETS	FMV	$3,041,587	$3,041,587
2016 PRIVATE EQUITY STRATEGIES	FMV	$682,581	$657,320
GEM REALTY FUND VI	FMV	$254,397	$262,438
2017 PRIVATE EQUITY STRATEGIES	FMV	$273,953	$283,526
GP CHINA VENTURE CAP II	FMV	$523,771	$545,593
2018 PRIVATE EQUITY STRATEGIES	FMV	$224,352	$218,424
GP 2018 PRIVATE EQUITY STRATEGIES	FMV	$168,201	$162,602

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL	CategoryTxt
Legal Fees	$1,608	LegalFeesAmt
Net Investment Income	$1,608	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
DUE FROM GP GLOBAL EQUITIES STRATEGIES	$300,000	$600,000	$600,000
DUE FROM TRIDENT CAPITAL FUND V	$0	$11,025	$11,025
DEFERRED CAPITAL CALL	$0	$3,165	$3,165

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (18 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
SUNDRY EXPENSES	$14	$14	$0
INTEREST EXPENSE - PASSTHRU	$43,993	$43,993	$0
MISC. PASSTHROUGH EXPENSES - 2%	$310,430	$310,430	$0
CONTRIBUTIONS - PASS THRU ENTITIES	$79	$79	$0
DUES AND SUBSCRIPTIONS	$4,077	$4,077	$0
2011/12 PRIVATE EQ. STRAT. - PASSTHROUGH ORD. LOSS	$235	$235	$0
GEM REALTY VI - PASSTHROUGH ORD. LOSS	$4,068	$4,068	$0
2013 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS	$3,032	$3,032	$0
GEM REALTY III - PASSTHROUGH ORD. LOSS	$710	$710	$0
BUILDING REALTY - PASSTHROUGH ORD. LOSS	$2,999	$2,999	$0
2017 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS	$8,710	$8,710	$0
2018 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS	$1,773	$1,773	$0
GP EMERGING MARKETS - PASSTHROUGH ORD. LOSS	$4,407	$4,407	$0
NON DEDUCTIBLE - PASSTHROUGH	$2,971	$2,971	$0
1350 LAKESHORE - PASSTHROUGH ORD. LOSS	$52,112	$52,112	$0
2015 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS	$4,263	$4,263	$0
GRESHAM CHINA OPPTY FD I. - PASSTHROUGH ORD. LOSS	$1,788	$1,788	$0
2019 PRIVATE EQUITY STRAT. - PASSTHROUGH ORD. LOSS	$1	$1	$0

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (8 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
GEM REALTY IV	$349	$349	$349
GEM REALTY V	$4,592	$4,592	$4,592
GRESHAM PRIVATE EQUITY II	$8,002	$8,002	$8,002
GRESHAM PRIVATE EQUITY I	$55,909	$55,909	$55,909
GP GLOBAL EQUITY STRATEGIES	$96,810	$96,810	$96,810
2014 PRIVATE EQUITY STRATEGIES	$1,443	$1,443	$1,443
2016 PRIVATE EQUITY STRATEGIES	$1,029	$1,029	$1,029
GP CHINA VENTURE CAPITAL	$178	$178	$178

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail (2 entries)

DescDesc	AmtAmt
PARTNERSHIPS-UNREALIZED INCREASE IN VALUE OF ASSETS	$2,020,096
BOOK/TAX DIFFERENCES	$9,491

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail (3 entries)

DescDesc	BOY Book ValueBOYBookValueAmt	EOY Book ValueEOYBookValueAmt
BUILDING REALTY ASSOC.	$8,099	$10,701
1350 LSD	$420,216	$458,383
GRESHAM LASALLE/JAPAN	$167,686	$167,686

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	INVESTMENT MANAGEMENT FEES	CategoryTxt
Amt	$140,846	Amt
Net Investment Income	$140,846	NetInvestmentIncomeAmt
Disbursements Charitable Prps	$0	DisbursementsCharitablePrpsAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (3 entries)

CategoryCategoryTxt	AmtAmt	Net Investment IncomeNetInvestmentIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
EXCISE TAX	$67,189	$67,189	$0
FOREIGN TAXES	$21,454	$21,454	$0
STATE INCOME TAXES	$8,500	$8,500	$0