STRATEGY STUDIO / PUBLIC DATA EXPLORER

CHICAGO FREEDOM TRUST: Form 990PF, tax year 2018

View the entire original 990 at ProPublica ↗

Organization
CHICAGO FREEDOM TRUST (EIN 26-4123223)
Tax period
2018-01-01 to 2018-12-31
Filed
2019-03-08
IRS object ID
201900689349100000
Schema version
2018v3.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2019-03-08T21:00:08-08:00ReturnTs
Tax Period End2018-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1DAVID A HAFFT & CO LTDBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1300 VILLAGE GREEN DR SUITE 214AddressLine1Txt
CityLINCOLNSHIRECityNm
State AbbreviationILStateAbbreviationCd
ZIP600693086ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2018-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN264123223EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CHICAGO FREEDOM TRUSTBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCHICBusinessNameControlTxt
Phone7738691357PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line11111 W 35TH STAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60609ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonLEONARD LEOPersonNm
Person TitlePRIMARY TRUSTEEPersonTitleTxt
Phone7738691357PhoneNum
Signature2019-03-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonDAVID HAFFTPreparerPersonNm
PTINP01232364PTIN
Phone8479138006PhoneNum
Preparation2019-03-08PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

FieldValueIRS element (for citing)
I Pv4 Address50.247.157.124IPv4AddressTxt
FieldValueIRS element (for citing)
IP2019-03-08IPDt
IP Tm20:59:29IPTm
IP TimezonePSIPTimezoneCd
Filing License TypePFilingLicenseTypeCd
At Submission Creation Device Id88D2E8FCC43D3F2686FE6C9DDDECC365E9FA3638AtSubmissionCreationDeviceId
At Submission Filing Device Id88D2E8FCC43D3F2686FE6C9DDDECC365E9FA3638AtSubmissionFilingDeviceId
FieldValueIRS element (for citing)
Tax2018TaxYr
Build TS2019-02-21 02:37:17ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$13,338FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,000ContriRcvdRevAndExpnssAmt
Cap Gain Net Incm Net Invst Incm$0CapGainNetIncmNetInvstIncmAmt
Gross Profit Rev And Expnss$0GrossProfitRevAndExpnssAmt
Other Income Rev And Expnss$0OtherIncomeRevAndExpnssAmt
Total Rev And Expnss$20,000TotalRevAndExpnssAmt
Total Net Invst Incm$0TotalNetInvstIncmAmt
Legal Fees Rev And Expnss$0LegalFeesRevAndExpnssAmt
Accounting Fees Rev And Expnss$500AccountingFeesRevAndExpnssAmt
Other Prof Fees Rev And Expnss$0OtherProfFeesRevAndExpnssAmt
Taxes Rev And Expnss$0TaxesRevAndExpnssAmt
Deprec And Dpltn Rev And Expnss$0DeprecAndDpltnRevAndExpnssAmt
Trav Conf Meeting Rev And Expnss$194TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Dsbrs Chrtbl$194TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss$0OtherExpensesRevAndExpnssAmt
Tot Opr Expenses Rev And Expnss$694TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$0TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$194TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$18,000ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$18,000ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$18,694TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$0TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl$18,194TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses$1,306ExcessRevenueOverExpensesAmt
Net Investment Income$0NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$12,032CashBOYAmt
Cash EOY$13,338CashEOYAmt
Cash EOYFMV$13,338CashEOYFMVAmt
Rcvbl From Officers EOY$0RcvblFromOfficersEOYAmt
Other Nts And Loans Rcvbl EOY$0OtherNtsAndLoansRcvblEOYAmt
Land Bldg Investments EOY$0LandBldgInvestmentsEOYAmt
Other Investments EOY$0OtherInvestmentsEOYAmt
Land EOY$0LandEOYAmt
Other Assets BOY$0OtherAssetsBOYAmt
Other Assets EOY$0OtherAssetsEOYAmt
Other Assets EOYFMV$0OtherAssetsEOYFMVAmt
Total Assets BOY$12,032TotalAssetsBOYAmt
Total Assets EOY$13,338TotalAssetsEOYAmt
Total Assets EOYFMV$13,338TotalAssetsEOYFMVAmt
Loans From Officers EOY$0LoansFromOfficersEOYAmt
Mortgages And Notes Payable EOY$0MortgagesAndNotesPayableEOYAmt
Other Liabilities BOY$0OtherLiabilitiesBOYAmt
Other Liabilities EOY$0OtherLiabilitiesEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117Yes (X)OrgDoesNotFollowSFAS117Ind
Retained Earning BOY$12,032RetainedEarningBOYAmt
Retained Earning EOY$13,338RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY$12,032TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$13,338TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$12,032TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$13,338TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$12,032TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses$1,306ExcessRevenueOverExpensesAmt
Subtotal$13,338SubtotalAmt
Tot Net Ast Or Fund Balances EOY$13,338TotNetAstOrFundBalancesEOYAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

FieldValueIRS element (for citing)
Liable Section4942 TaxfalseLiableSection4942TaxInd
Adjusted Qlfy Distri Yr1$26,589AdjustedQlfyDistriYr1Amt
Net Vl Noncharitable Assets Yr1$10,042NetVlNoncharitableAssetsYr1Amt
Distribution Yr12.647779DistributionYr1Rt
Adjusted Qlfy Distri Yr2$16,486AdjustedQlfyDistriYr2Amt
Net Vl Noncharitable Assets Yr2$6,027NetVlNoncharitableAssetsYr2Amt
Distribution Yr22.735358DistributionYr2Rt
Adjusted Qlfy Distri Yr3$16,000AdjustedQlfyDistriYr3Amt
Net Vl Noncharitable Assets Yr3$21,360NetVlNoncharitableAssetsYr3Amt
Distribution Yr30.749064DistributionYr3Rt
Adjusted Qlfy Distri Yr4$18,000AdjustedQlfyDistriYr4Amt
Net Vl Noncharitable Assets Yr4$38,926NetVlNoncharitableAssetsYr4Amt
Distribution Yr40.462416DistributionYr4Rt
Adjusted Qlfy Distri Yr5$16,000AdjustedQlfyDistriYr5Amt
Net Vl Noncharitable Assets Yr5$55,106NetVlNoncharitableAssetsYr5Amt
Distribution Yr50.290350DistributionYr5Rt
Total Distribution6.884967TotalDistributionRt
Average Distribution1.376993AverageDistributionRt
Net Vl Noncharitable Assets$11,426NetVlNoncharitableAssetsAmt
Adj Net Vl Noncharitable Assets$15,734AdjNetVlNoncharitableAssetsAmt
Adj Nonchrtbl Net Invst Incm Pct$15,734AdjNonchrtblNetInvstIncmPctAmt
Qualifying Distributions$18,194QualifyingDistributionsAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Domestic Org Meeting Sect4940eYes (X)DomesticOrgMeetingSect4940eInd
Investment Income Excise Tax$0InvestmentIncomeExciseTaxAmt
Tax Under Section511$0TaxUnderSection511Amt
Subtotal$0SubtotalAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Tax Due$0TaxDueAmt
Applied To ES Tax$0AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenfalseForm990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt
Individual With BooksLEONARD LEOIndividualWithBooksNm
Phone7738691357PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line11111 W 35TH STAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60609ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ADAM MEYERSON
1120 20TH ST NW 550SWASHINGTONDC20036CO-TRUSTEE0.50$0$0$0
JOSEPH G LEHMAN
PO BOX 48640MIDLANDMI48640CO-TRUSTEE0.50$0$0$0
LEONARD LEO
1776 I ST NW 300WASHINGTONDC20006PRIMARY TRUSTTE & CO-TRUSTEE0.50$0$0$0
LESLIE GRAVES
PO BOX 279SPRING GREENWI53588CO-TRUSTEE0.50$0$0$0
TRACIE SHARP
PO BOX 5208RICHMONDCA94805CO-TRUSTEE0.50$0$0$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Other Employee Paid Over50k0OtherEmployeePaidOver50kCnt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt
Contractor Paid Over50k0ContractorPaidOver50kCnt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$0AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$11,600AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$11,600TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$11,600AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$174CashDeemedCharitableAmt
Net Vl Noncharitable Assets$11,426NetVlNoncharitableAssetsAmt
Minimum Investment Return$571MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$571MinimumInvestmentReturnAmt
Tax Based On Investment Income$0TaxBasedOnInvestmentIncomeAmt
Total Tax$0TotalTaxAmt
Distributable Before Adj$571DistributableBeforeAdjAmt
Distributable Before Ded$571DistributableBeforeDedAmt
Distributable As Adjusted$571DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

FieldValueIRS element (for citing)
Expenses And Contributions$18,194ExpensesAndContributionsAmt
Qualifying Distributions$18,194QualifyingDistributionsAmt
Adjusted Qualifying Distri$18,194AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$571DistributableAsAdjustedAmt
Undistributed Income PY$0UndistributedIncomePYAmt
Excess Distribution Cyov Yr5$16,000ExcessDistributionCyovYr5Amt
Excess Distribution Cyov Yr4$18,000ExcessDistributionCyovYr4Amt
Excess Distribution Cyov Yr3$16,000ExcessDistributionCyovYr3Amt
Excess Distribution Cyov Yr2$15,117ExcessDistributionCyovYr2Amt
Excess Distribution Cyov Yr1$26,087ExcessDistributionCyovYr1Amt
Total Excess Distribution Cyov$91,204TotalExcessDistributionCyovAmt
Qualifying Distributions$18,194QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Remaining Distri From Corpus$18,194RemainingDistriFromCorpusAmt
Total Corpus$109,398TotalCorpusAmt
Prior Year Undistributed Incm$0PriorYearUndistributedIncmAmt
Taxable1$0Taxable1Amt
Taxable2$0Taxable2Amt
Undistributed Income CY$571UndistributedIncomeCYAmt
Excess Distri Cyov From Yr5$16,000ExcessDistriCyovFromYr5Amt
Excess Distri Cyov To Next Yr$93,398ExcessDistriCyovToNextYrAmt
Excess From Year4$18,000ExcessFromYear4Amt
Excess From Year3$16,000ExcessFromYear3Amt
Excess From Year2$15,117ExcessFromYear2Amt
Excess From Year1$26,087ExcessFromYear1Amt
Excess From Current Year$18,194ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

FieldValueIRS element (for citing)
Contributing ManagernoneContributingManagerNm
Only Contri To PreselectedYes (X)OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (9 entries)

Address Line1RecipientUSAddress/AddressLine1TxtCityRecipientUSAddress/CityNmState AbbreviationRecipientUSAddress/StateAbbreviationCdZIPRecipientUSAddress/ZIPCdRecipient Foundation StatusRecipientFoundationStatusTxtGrant Or Contribution PurposeGrantOrContributionPurposeTxtAmtAmt
INSTITUTE FOR JUSTICE
901 N GLEBE RDARLINGTONVA22203PCCLINIC ON ENTERPRENEURSHIPAT UNIV OF CHICAGO$2,000
MEALS ON WHEELS OF CONTRA COSTS
PO BOX 3195MARTINEZCA94553PCMEALS FOR HOMEBOUND$2,000
MEDSTAR NATL REHABILITATION NETWORK
102 IRVING ST NWWASHINGTONDC20010PCSERVE COMMUNITYAS LEADER INREHAB SVCS$2,000
WORLD ORPHAN FUND
N7130 NORTH LOST LAKE RDSANDOLPHWI53956PCPROVIDINGASSISTANCE TO ORPHANED CHILDREN$2,000
CITY RESCUE MISSION OF SAGINAW
PO BOX 548SAGINAWMI48606PCMEALS FOR HOMELESS$2,000
CHICAGO HOPE ACADEMY
2189 W BOWLER STCHICAGOIL60612PCSCHOOL GRANT$2,000
CHRISTIAN HOME EDUCATORS OF MIDLAND
2223 EL RANCHOMIDLANDMI48642PCSPEECH & DEBATECLUB ACTIVITIESTRAINING, EDUCATION$2,000
GROWTH SKILLS FOUNDATION
2081 BUSINESS CTR DR 120IRVINECA92612PCASSISIT CHURCHES &INDIVIDUALS TO PROMOTEGROWTH$2,000
WENATCHEE VALLEY MUSEUM
127 S MISSION STWENATCHEEWA98801PCPRESERVING & PRESENTINGHISTORY OF COMMUNITIES$2,000
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$18,000TotalGrantOrContriPdDurYrAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
General RuleYes (X)GeneralRuleInd

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
Contributor1ContributorNum
Contributor PersonBARRE SEIDContributorPersonNm

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line11111 W 35TH STAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60609ZIPCd
FieldValueIRS element (for citing)
Total Contributions$20,000TotalContributionsAmt
Person ContributionYes (X)PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryDAVID HAFFT & CO LTD TAX RETURN PREPCategoryTxt
Amt$500Amt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

FieldValueIRS element (for citing)
Form And Line ReferencePAGE 4, PART VII-A, LINE 8BFormAndLineReferenceDesc
Medium ExplanationNot required to register or file reports in Utah or any other state.MediumExplanationTxt