LILLIAN S WELLS FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- LILLIAN S WELLS FOUNDATION INC (EIN 23-7433827)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-28
- IRS object ID
- 202503019349100420
- Schema version
- 2024v5.2
- 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
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Legal Fees Schedule
- Other Assets Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-10-28T13:14:11-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 592008973 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | AHEARN JASCO COMPANY PA | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 190 SE 19TH AVENUE | AddressLine1Txt |
| City | POMPANO BEACH | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 330607541 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 237433827 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LILLIAN S WELLS FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LILL | BusinessNameControlTxt |
| Phone | 7547018508 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SAGAMORE ROAD | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33301 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | BARBARA S WELLS | PersonNm |
| Person Title | OFFICER/DIRECTOR | PersonTitleTxt |
| Phone | 9544635630 | PhoneNum |
| Signature | 2025-10-24 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KATHERINE A BORKOWSKI CPA | PreparerPersonNm |
| PTIN | P01547511 | PTIN |
| Phone | 9547818800 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $39,781,014 | 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 | $286,838 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $286,838 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $570,829 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $559,377 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,218,464 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,373,913 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,218,464 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $9,027 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $9,027 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $2,085,158 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,073,706 | 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 | $4,950 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $4,950 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $11,700 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $11,700 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $220,192 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $220,192 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $50,769 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $7,769 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $361 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $0 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $287,972 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $244,611 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,990,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,990,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,277,972 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $244,611 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,990,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$1,192,814 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,829,095 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash EOY | $1 | CashEOYAmt |
| Cash EOYFMV | $1 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $2,080,523 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $879,480 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $879,480 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $4,032,659 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $3,085,949 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $3,162,231 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $18,320,371 | CorporateStockBOYAmt |
| Corporate Stock EOY | $19,046,746 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $27,241,029 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,968,331 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $3,060,202 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $3,122,410 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $3,805,294 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,932,973 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $5,320,523 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $46,327 | OtherAssetsBOYAmt |
| Other Assets EOY | $55,340 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $55,340 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $31,253,505 | TotalAssetsBOYAmt |
| Total Assets EOY | $30,060,691 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $39,781,014 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $27,852,279 | CapitalStockBOYAmt |
| Capital Stock EOY | $27,852,279 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $3,401,226 | RetainedEarningBOYAmt |
| Retained Earning EOY | $2,208,412 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $31,253,505 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $30,060,691 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,253,505 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $30,060,691 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $31,253,505 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$1,192,814 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $30,060,691 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $30,060,691 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (15 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| MORGAN STANLEY #111207 SHORT TERM TRANSACTIONS | $492,187 | $492,187 | $0 | $0 | |
| MORGAN STANLEY #111207 LONG TERM TRANSACTIONS | $988,132 | $988,013 | $119 | $119 | |
| MORGAN STANLEY #111208 SHORT TERM TRANSACTIONS | $978,284 | $899,658 | $78,626 | $78,626 | |
| MORGAN STANLEY #111208 LONG TERM TRANSACTIONS | $1,411,118 | $1,289,858 | $121,260 | $121,260 | |
| MORGAN STANLEY #111212 SHORT TERM TRANSACTIONS | $211,753 | $207,145 | $4,608 | $4,608 | |
| MORGAN STANLEY #111212 LONG TERM TRANSACTIONS | $657,861 | $493,293 | $164,568 | $164,568 | |
| MORGAN STANLEY #111213 SHORT TERM TRANSACTIONS | $891,248 | $808,792 | $82,456 | $82,456 | |
| MORGAN STANLEY #111213 LONG TERM TRANSACTIONS | $1,881,944 | $1,537,994 | $343,950 | $343,950 | |
| MORGAN STANLEY #111214 SHORT TERM TRANSACTIONS | $614,303 | $575,037 | $39,266 | $39,266 | |
| MORGAN STANLEY #111214 LONG TERM TRANSACTIONS | $919,907 | $747,111 | $172,796 | $172,796 | |
| MORGAN STANLEY #111215 SHORT TERM TRANSACTIONS | $573,811 | $576,598 | -$2,787 | -$2,787 | |
| MORGAN STANLEY #111215 LONG TERM TRANSACTIONS | $911,343 | $701,674 | $209,669 | $209,669 | |
| MORGAN STANLEY #111216 SHORT TERM TRANSACTIONS | $473,966 | $473,219 | $747 | $747 | |
| MORGAN STANLEY #111216 LONG TERM TRANSACTIONS | $364,828 | $364,870 | -$42 | -$42 | |
| CAPITAL GAINS DIVIDENDS | $3,228 | $3,228 | $3,228 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,218,464 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $25,424 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $25,424 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $25,424 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $40,086 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $17,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $57,086 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $31,662 | OverpaymentAmt |
| Applied To ES Tax | $31,662 | 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 | Yes (1) | 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 | FL | 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 | NONE | WebsiteAddressTxt |
| Individual With Books | D D'ANGELO | IndividualWithBooksNm |
| Phone | 7547018508 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 600 SAGAMORE ROAD | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33301 | 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 | Yes (1) | 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 (6 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 |
|---|---|---|---|---|---|---|---|---|
| BARBARA S WELLS | ||||||||
| 600 SAGAMORE ROAD | FORT LAUDERDALE | FL | 33301 | PRESIDENT, DIRECTOR | 1.00 | $0 | $0 | $0 |
| ELLEN MCPHERSON | ||||||||
| 10905 BURBANK DRIVE | POTOMAC | MD | 20854 | DIRECTOR, ASSIT TREASURER | 1.00 | $0 | $0 | $0 |
| JAMES I ULMER | ||||||||
| 600 SAGAMORE ROAD | FORT LAUDERDALE | FL | 33301 | DIRECTOR, VP, | 1.00 | $0 | $0 | $0 |
| WALTER W BELL | ||||||||
| 410 HUNT CLUB WAY | LAKE GENEVA | WI | 53147 | SECRETARY | 1.00 | $0 | $0 | $0 |
| MICHAEL WEYMOUTH | ||||||||
| 600 SAGAMORE ROAD | FORT LAUDERDALE | FL | 33301 | TREASURER, DIRECTOR | 1.00 | $0 | $0 | $0 |
| HEIKO DOBRIKOW | ||||||||
| 600 SAGAMORE ROAD | FORT LAUDERDALE | FL | 33301 | DIRECTOR | 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 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 350 E LAS OLAS BLVD STE 1200 | AddressLine1Txt |
| City | FORT LAUDERDALE | CityNm |
| State Abbreviation | FL | StateAbbreviationCd |
| ZIP | 33301 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT ADVISORY SERVICES | ServiceTypeTxt |
| Compensation | $220,192 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 | $36,719,955 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,400,004 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $38,119,959 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $38,119,959 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $571,799 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $37,548,160 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,877,408 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,877,408 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $25,424 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $25,424 | TotalTaxAmt |
| Distributable Before Adj | $1,851,984 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $1,851,984 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $1,851,984 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,990,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $2,990,000 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,851,984 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $1,780,131 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $1,595,244 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $979,185 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $1,201,749 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $1,294,226 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $6,850,535 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,990,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,851,984 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,138,016 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $7,988,551 | 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 | $1,780,131 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $6,208,420 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $1,595,244 | ExcessFromYear4Amt |
| Excess From Year3 | $979,185 | ExcessFromYear3Amt |
| Excess From Year2 | $1,201,749 | ExcessFromYear2Amt |
| Excess From Year1 | $1,294,226 | ExcessFromYear1Amt |
| Excess From Current Year | $1,138,016 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (10 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| ANN & ROBERT H LURIE CHILDREN'S HOSPITAL OF CHICAGO | |||||||
| 225 E CHICAGO AVE BOX 4 | CHICAGO | IL | 606112605 | NO RELATIONSHIP | PUBLIC | LAUREN D. HOLINGER, MD PROFESSORSHIP IN PEDIATRIC OTOLARYNGOLOGY | $100,000 |
| BROWARD PERFORMING ARTS FOUNDATION | |||||||
| 201 SW 5TH AVENUE | FORT LAUDERDALE | FL | 33312 | NO RELATIONSHIP | PUBLIC | CAMPAIGN FOR PARKER PLAYHOUSE | $500,000 |
| HERITAGE FOUNDATION | |||||||
| 214 MASSACHUSETTS AVE | WASHINGTON | DC | 20002 | NO RELATIONSHIP | PUBLIC | FOR HEALTH POLICY STUDIES | $500,000 |
| INTERCOLLEGIATE STUDIES INSTITUTE INC | |||||||
| 3901 CENTERVILLE ROAD | WILMINGTON | DE | 19807 | NO RELATIONSHIP | PUBLIC | HONORS PROGRAM | $100,000 |
| JAMES MADISON INSTITUTE | |||||||
| 2017 DELTA BOULEVARD | TALLAHASSEE | FL | 32303 | NO RELATIONSHIP | PUBLIC | CIVICS EDUCATIONS STUDIES | $200,000 |
| JUNIOR ACHIEVEMENT OF SOUTH FLORIDA | |||||||
| 1130 COCONUT CREEK BLVD | COCONUT CREEK | FL | 33066 | NO RELATIONSHIP | PUBLIC | GENERAL PURPOSES | $500,000 |
| MISS PORTER'S SCHOOL | |||||||
| 60 MAIN STREET | FARMINGTON | CT | 06032 | NO RELATIONSHIP | PUBLIC | GENERAL PURPOSES | $25,000 |
| NOVA SOUTHEASTERN UNIVERSITY | |||||||
| 3301 COLLEGE AVENUE | FORT LAUDERDALE | FL | 333147796 | NO RELATIONSHIP | PUBLIC | ART MASTER TEACHER AND CURATOR OF EDUCATION ART MUSEUM | $50,000 |
| THE LATINO STUDENT FUND | |||||||
| PO BOX 5403 | WASHINGTON | DC | 20016 | NO RELATIONSHIP | PUBLIC | GENERAL PURPOSES | $15,000 |
| UNIVERSITY OF FLORIDA FOUNDATION | |||||||
| P O BOX 100243 | GAINSVILLE | FL | 32610 | NO RELATIONSHIP | PUBLIC | L.S. WELLS FUND FOR BRAIN TUMOR RESEARCH | $1,000,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,990,000 | 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 | $286,838 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $570,829 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $9,027 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,218,464 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,085,158 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,085,158 | TotalIncomeProducingActyAmt |
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp
Rln Of Acty To Accom Of Exmpt Prps RlnOfActyToAccomOfExmptPrpsGrp (4 entries)
| Line NumberLineNumberTxt | Relationship StatementRelationshipStatementTxt |
|---|---|
| 3 | EACH OF THE INCOME ITEMS REPORTED IN PART XV-A ARE FROM THE FOUNDATION'S INVESTMENTS. THE FOUNDATION DOES NOT PERFORM ANY OTHER INCOME PRODUCING ACTIVITIES. |
| 8 | EACH OF THE INCOME ITEMS REPORTED IN PART XV-A ARE FROM THE FOUNDATION'S INVESTMENTS. THE FOUNDATION DOES NOT PERFORM ANY OTHER INCOME PRODUCING ACTIVITIES. |
| 7 | EACH OF THE INCOME ITEMS REPORTED IN PART XV-A ARE FROM THE FOUNDATION'S INVESTMENTS. THE FOUNDATION DOES NOT PERFORM ANY OTHER INCOME PRODUCING ACTIVITIES. |
| 4 | EACH OF THE INCOME ITEMS REPORTED IN PART XV-A ARE FROM THE FOUNDATION'S INVESTMENTS. THE FOUNDATION DOES NOT PERFORM ANY OTHER INCOME PRODUCING ACTIVITIES. |
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 FEES | CategoryTxt |
| Amt | $11,700 | Amt |
| Net Investment Income | $11,700 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|
| SCHEDULE FOR FORM 990-PF, PART 1, LINES 16A, 16B & 16C | PURSUANT TO THE INSTRUCTIONS FOR FORM 990-PF, BELOW IS A SCHEDULE FOR THE ABOVE REFERENCED LINES TO DISCLOSE THE TYPE OF SERVICE AND THE AMOUNT OF EXPENSE:LINE 16A: LEGAL FEES, SERVICES BY BELL & ANDERSON, LLC WERE FOR GENERAL LEGAL AND MANAGEMENT MATTERS. TOTAL FOR SERVICES: $4,950.LINE 16B: ACCOUNTING FEES, SERVICES BY AHEARN JASCO + COMPANY, P.A. WERE FOR GENERAL ACCOUNTING AND TAX RETURN PREPARATION. TOTAL FOR SERVICES: $11,700.LINCE 16C: INVESTMENT ADVISORY FEES, SERVICES BY MORGAN STANLEY, FOR MANAGEMENT OF THE FOUNDATION'S INVESTMENT PORTFOLIO WHICH INCLUDES PUBLICALLY TRADED SECURITIES. TOTAL FOR SERVICES, $220,192. |
| SCHEDULE FOR FORM 990-PF, PART 1, LINE 18 | PURSUANT TO THE INSTRUCTIONS FOR FORM 990-PF, BELOW IS A SCHEUDLE FOR THE ABOVE REFERENCED LINE TO DISCLOSE THE TYPE AND THE AMOUNT OF TAX REPORTED:LINE 18: FOREIGN TAXES WITHHELD ON DIVIDEND PAYMENTS: $7,769. |
| SCHEDULE FOR FORM 990-PF, PART II, LINES 10A, B, C & 13 | PURSUANT TO THE INSTRUCTIONS FOR FORM 990-PF, FOR PART II, LINES 10A-10C AS WELL AS 13, "ATTACH A SCHEDULE THAT LISTS EACH SECURITY HELD AT THE END OF THE YEAR."ADDITIONALLY, THE TAXPAYER FIRST ACT, SECTION 3101, REQUIRES THAT RETURNS BY EXEMPT ORGANIZATIONS BE ELECTIONIALLY FILED FOR TAX YEARS BEGINNING IN 2020. THE LILLIAN S. WELLS FOUNDATION HOLDS NUMEROUS INVESTMENTS WITHIN MULTIPLE BROKERAGE ACCOUNTS. THE LISTING OF THE INDIVIDUAL INVESTMENTS ON THE FORM 990-PF WOULD CREATE AN UNDUE BURDEN. IN PRIOR YEARS, THE FOUNDATION HAS PAPERFILED THE 990-PF WITH ATTACHED APPENDICES A, B, & C WHICH WOULD LIST EACH SECURITY HELD PURSURANT TO THE INSTRUCTIONS. IN PRIOR YEARS, THE FOUNDATION HAS TRIED TO ELECTRONICALLY FILE THE TAX RETURN AS IT PROVIDED A SIMPLER WAY TO FILE; HOWEVER, THE ATTACHMENT OF THE APPENDICES WOULD NOT BE SUPPORTED BY THE COMPUTER SOFTWARE. DUE TO THE ABOVE REQUIREMENTS, EXPLANATIONS, AND LIMITATIONS, THE FOUNDATION'S APPENDICES A, B, & C WHICH LIST THE INDIVIDUAL INVESTMENTS BY ACCOUNT AND INVESTMENT TYPE IS NOT ATTACHED TO THE RETURN BUT IS AVAILABLE UPON REQUEST. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MORGAN STANLEY (111216) CORPORTATE BONDS - SEE APPENDIX C | BondNm |
| EOY Book Value | $3,060,202 | EOYBookValueAmt |
| EOYFMV | $3,122,410 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (6 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MORGAN STANLEY (111206) CORPORATE STOCK - SEE APPENDIX A | $137,048 | $1,599,394 |
| MORGAN STANLEY (111208) CORPORATE STOCK - SEE APPENDIX A | $3,987,423 | $4,971,921 |
| MORGAN STANLEY (111212) CORPORATE STOCK - SEE APPENDIX A | $2,519,956 | $3,631,390 |
| MORGAN STANLEY (111213) CORPORATE STOCK - SEE APPENDIX A | $4,254,152 | $5,681,121 |
| MORGAN STANLEY (111214) CORPORATE STOCK - SEE APPENDIX A | $2,285,799 | $2,925,769 |
| MORGAN STANLEY (111215) CORPORATE STOCK - SEE APPENDIX A | $5,862,368 | $8,431,434 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $3,085,949 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $3,162,231 | USGovtObligationsEOYFMVAmt |
| State Local Sec Book Vl EOY | $0 | StateLocalSecBookVlEOYAmt |
| State Local Sec EOYFMV | $0 | StateLocalSecEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (4 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| 300 OZ GOLD | FMV | $111,960 | $787,347 |
| 500.3511 OZ PLATINUM | FMV | $358,251 | $469,269 |
| MORGAN STANLEY (111210) EXCHANGE TRADED & MUTUAL FUNDS - SEE APPENDIX B | FMV | $3,421,120 | $4,022,265 |
| MORGAN STANLEY (111210) MUTUAL FUNDS - SEE APPENDIX B | FMV | $41,642 | $41,642 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES, SEE STATEMENT ATTACHED | CategoryTxt |
| Legal Fees | $4,950 | LegalFeesAmt |
| Net Investment Income | $4,950 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| ACCRUED INTEREST RECEIVABLE | $45,184 | $54,416 | $54,416 |
| DIVIDEND INCOME RECEIVABLE | $1,143 | $924 | $924 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| SAFE DEPOSIT BOX | $300 | $0 | $0 |
| GOVERNMENTAL FEES | $61 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| MORGAN STANLEY OTHER INCOME (111208) | $1,614 | $1,614 | $1,614 |
| MORGAN STANLEY OTHER INCOME (111213) | $2,290 | $2,290 | $2,290 |
| MORGAN STANLEY OTHER INCOME (111211) | $533 | $533 | $533 |
| MORGAN STANLEY OTHER INCOME (111210) | $225 | $225 | $225 |
| MORGAN STANLEY OTHER INCOME (111209) | $2,868 | $2,868 | $2,868 |
| MORGAN STANLEY OTHER INCOME (111212) | $170 | $170 | $170 |
| MORGAN STANLEY OTHER INCOME (111215) | $1,327 | $1,327 | $1,327 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT ADVISORY FEES, SEE STATEMENT ATTACHED | CategoryTxt |
| Amt | $220,192 | Amt |
| Net Investment Income | $220,192 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES WITHHELD ON DIVIDENDS | $7,769 | $7,769 | $0 |
| FEDERAL TAXES | $43,000 | $0 | $0 |