RICHARD L DUCHOSSOIS MEMORIAL FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- RICHARD L DUCHOSSOIS MEMORIAL FOUNDATION (EIN 82-2759714)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-17
- IRS object ID
- 202503219349108150
- 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
- Schedule B
- Accounting Fees Schedule
- Expln Of Non Filing With AG Stmt
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-17T17:51:39-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331498605 | 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 | 8181 E TUFTS AVE SUITE 600 | AddressLine1Txt |
| City | DENVER | CityNm |
| State Abbreviation | CO | StateAbbreviationCd |
| ZIP | 80237 | 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 | 822759714 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD L DUCHOSSOIS FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | RICH | BusinessNameControlTxt |
| Phone | 8473816199 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 W WASHINGTON ST 1630 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | ROBERT FEALY | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 8473816199 | PhoneNum |
| Signature | 2025-11-17 | 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 | DORI J EGGETT | PreparerPersonNm |
| PTIN | P00645252 | PTIN |
| Phone | 3037409400 | PhoneNum |
| Preparation | 2025-11-17 | PreparationDt |
| 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Name Change | Yes (X) | NameChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $161,445,814 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $29,000,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $1,552,243 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,507,809 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $5,386,294 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $45,387,305 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $5,659,492 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $151,478 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $381,176 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $36,090,015 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $7,548,477 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $481,967 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $192,787 | CompOfcrDirTrstDsbrsChrtblAmt |
| Oth Empl Slrs Wgs Rev And Expnss | $105,228 | OthEmplSlrsWgsRevAndExpnssAmt |
| Oth Empl Slrs Wgs Net Invst Incm | $0 | OthEmplSlrsWgsNetInvstIncmAmt |
| Oth Empl Slrs Wgs Dsbrs Chrtbl | $50,833 | OthEmplSlrsWgsDsbrsChrtblAmt |
| Pension Empl Bnft Rev And Expnss | $53,920 | PensionEmplBnftRevAndExpnssAmt |
| Pension Empl Bnft Net Invst Incm | $0 | PensionEmplBnftNetInvstIncmAmt |
| Pension Empl Bnft Dsbrs Chrtbl | $22,025 | PensionEmplBnftDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $171,582 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $85,791 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $85,791 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $453,235 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $219,204 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $191,155 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $19,886 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $8,430 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Occupancy Rev And Expnss | $5,100 | OccupancyRevAndExpnssAmt |
| Occupancy Net Invst Incm | $0 | OccupancyNetInvstIncmAmt |
| Occupancy Dsbrs Chrtbl | $0 | OccupancyDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $24,894 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $10,328 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $88,488 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $83,044 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $79,361 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,404,300 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $396,469 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $632,280 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $675,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $675,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,079,300 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $396,469 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $1,307,280 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $34,010,715 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $7,152,008 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $376,118 | CashBOYAmt |
| Cash EOY | $31,127,226 | CashEOYAmt |
| Cash EOYFMV | $31,127,226 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $311,395 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $972,915 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $972,915 | SavAndTempCashInvstEOYFMVAmt |
| Prepaid Expenses EOY | $12,176 | PrepaidExpensesEOYAmt |
| Prepaid Expenses EOYFMV | $12,176 | PrepaidExpensesEOYFMVAmt |
| Corporate Stock BOY | $110,756,912 | CorporateStockBOYAmt |
| Corporate Stock EOY | $93,890,623 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $93,890,623 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,723,042 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,986,089 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,986,089 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $13,687,852 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $26,456,785 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $26,456,785 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $127,855,319 | TotalAssetsBOYAmt |
| Total Assets EOY | $161,445,814 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $161,445,814 | TotalAssetsEOYFMVAmt |
| Accounts Payable EOY | $42,876 | AccountsPayableEOYAmt |
| Other Liabilities BOY | $0 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $19,302 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $62,178 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $127,855,319 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $161,383,636 | NoDonorRstrNetAssestsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $127,855,319 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $161,383,636 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $127,855,319 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $161,445,814 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $127,855,319 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $34,010,715 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $161,866,034 | SubtotalAmt |
| Other Decreases | $482,398 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $161,383,636 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (5 entries)
| PropertyPropertyDesc | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | How AcquiredHowAcquiredCd |
|---|---|---|---|---|---|
| PUBLICLY TRADED SECURITIES | $45,266,169 | $40,001,011 | $5,265,158 | $5,265,158 | |
| K-1 - SHORT-TERM CAPITAL GAIN | $1,476 | $1,476 | $1,476 | P | |
| K-1 - LONG-TERM CAPITAL GAIN | $231,731 | $231,731 | $231,731 | P | |
| K-1 - SEC. 1256 CONTRACTS & SADDLES | $39,991 | $39,991 | $39,991 | P | |
| CAPITAL GAINS DIVIDENDS | $121,136 | $121,136 | $121,136 | P |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $5,659,492 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $99,413 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $99,413 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $99,413 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $15,280 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $120,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $135,280 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $192 | EsPenaltyAmt |
| Overpayment | $35,675 | OverpaymentAmt |
| Applied To ES Tax | $35,675 | 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 | NV | OrgReportOrRegisterStateCd |
| 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 | RLDFOUNDATION.ORG | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT FEALY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8473816199 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 W WASHINGTON ST STE 1630 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| Uncorrected Prior Acts | 0 | UncorrectedPriorActsInd |
| Undistributed Income PY | 0 | UndistributedIncomePYInd |
| Business Holdings | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| SCOTT A MORDELL | ||||||||
| 22 W WASHINGTON STREET SUITE 1630 | CHICAGO | IL | 60602 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| WILLIAM M DOYLE JR | ||||||||
| 22 W WASHINGTON STREET SUITE 1630 | CHICAGO | IL | 60602 | SECRETARY | 1.00 | $0 | $0 | $0 |
| ROBERT L FEALY | ||||||||
| 22 W WASHINGTON STREET SUITE 1630 | CHICAGO | IL | 60602 | TREASURER | 1.00 | $0 | $0 | $0 |
| MARY J DUCHOSSOIS | ||||||||
| 22 W WASHINGTON STREET SUITE 1630 | CHICAGO | IL | 60602 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| TYLER LENCZUK | ||||||||
| 22 W WASHINGTON STREET SUITE 1630 | CHICAGO | IL | 60602 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| PAUL SZNEWAJS | ||||||||
| 22 W WASHINGTON STREET SUITE 1630 | CHICAGO | IL | 60602 | EXECUTIVE DIRECTOR | 40.00 | $481,967 | $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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| PLANTE MORAN | |||||
| 3000 TOWN CENTER SUITE 100 | SOUTHFIELD | MI | 48075 | ACCOUNTING AND TAX SERVICES | $151,800 |
| CAMBRIDGE ASSOCIATES | |||||
| 115 FEDERAL STREET SUITE 2600 | BOSTON | MA | 02110 | INVESTMENT ADVISORY | $143,801 |
| JH PHILANTHROPY | |||||
| 4822 NORTH WINCHESTER AVENUE | CHICAGO | IL | 60640 | STRATEGY CONSULTING | $100,000 |
| THIRD STREET | |||||
| 5768 WASHINGTON BOULEVARD | INDIANAPOLIS | IN | 46220 | WEBSITE SERVICES, EMAIL MARKETING, AND SOCIAL MEDIA MANGEMENT | $63,000 |
| 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 | $119,980,638 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $13,030,686 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $133,011,324 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $133,011,324 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,995,170 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $131,016,154 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $6,550,808 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $6,550,808 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $99,413 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $99,413 | TotalTaxAmt |
| Distributable Before Adj | $6,451,395 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $6,451,395 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $6,451,395 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $1,307,280 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $1,307,280 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $6,451,395 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $451,727 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $1,307,280 | QualifyingDistributionsAmt |
| Applied To Year1 | $451,727 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $855,553 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Prior Year Undistributed Incm | $0 | PriorYearUndistributedIncmAmt |
| Prior Year Deficiency Or Tax | $0 | PriorYearDeficiencyOrTaxAmt |
| Taxable1 | $0 | Taxable1Amt |
| Taxable2 | $0 | Taxable2Amt |
| Undistributed Income CY | $5,595,842 | UndistributedIncomeCYAmt |
| Corpus Distri170b1 E Or4942g3 | $0 | CorpusDistri170b1EOr4942g3Amt |
| Excess Distri Cyov From Yr5 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (7 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|
| CASA LAKE COUNTY | |||||||
| 700 FOREST EDGE DR | VERNON HILLS | IL | 60061 | PC | 2024 GRANT - CASA LAKE COUNTY | $100,000 | |
| INTERNATIONAL NEIGHBORHOOD COLLABORATIVE | |||||||
| 7300 S COTTAGE GROVE AVE | CHICAGO | IL | 60619 | PC | 2024 GRANT - THE DOVETAIL PROJECT | $25,000 | |
| JUNIOR ACHIEVEMENT CHICAGO | |||||||
| 651 WEST WASHINGTON BOULEVARD SUITE | CHICAGO | IL | 60661 | PC | GENERAL PURPOSES | $100,000 | 404 |
| LEAVE NO VETERAN BEHIND | |||||||
| 19 S LA SALLE ST STE 500 | CHICAGO | IL | 60603 | PC | 2024 GRANT -LEAVE NO VETERAN BEHIND | $25,000 | |
| OPPORTUNITY IN OVERALLS | |||||||
| 1710 LINDEN AVE | NASHVILLE | TN | 37212 | PC | 2024 GRANT - OPPORTUNITY IN OVERALLS | $300,000 | |
| UNITING VOICES | |||||||
| 78 EAST WASHINGTON STREET 5TH FLOOR | CHICAGO | IL | 60602 | PC | 2024 GRANT - UNITING VOICES CHICAGO | $100,000 | |
| WARRIOR SCHOLAR PROJECT FOUNDATION | |||||||
| 201 NORTH UNION STREET SUITE | ALEXANDRIA | VA | 22314 | PC | 2024 GRANT - WARRIOR SCHOLAR PROJECT | $25,000 | 110-BOX 19960 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $675,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,552,243 | ExclusionAmt |
Other Investment Income OtherInvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $151,478 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $5,386,294 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $7,090,015 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $7,090,015 | 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 |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RICHARD L DUCHOSSOIS REV TR | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 22 W WASHINGTON STREET STE 1630 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $29,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $171,582 | Amt |
| Net Investment Income | $85,791 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $85,791 | DisbursementsCharitablePrpsAmt |
Expln Of Non Filing With AG Stmt ExplnOfNonFilingWithAGStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Explanation | NOT REQUIRED BY NEVADA SINCE THERE IS NOT SOLICITATION OF CONTRIBUTIONS | ExplanationTxt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MFC VANGUARD TOTAL BOND MARKET ETF | BondNm |
| EOY Book Value | $8,986,089 | EOYBookValueAmt |
| EOYFMV | $8,986,089 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (7 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| CF ARROWSTREET ACWI EX US ALPHA EXTENSION TRUST FUND U CLASS C 2023 | $3,048,044 | $3,048,044 |
| CF EQUITY FUND APL | $2,500,000 | $2,500,000 |
| CHURCHILL DOWNS INC COM | $57,835,829 | $57,835,829 |
| MFC VANGUARD INDEX FUNDS S&P 500 ETF SHSNEW | $19,052,322 | $19,052,322 |
| MFC VANGUARD INTL EQUITY INDEX FDS FTSE EMERGING MKTS ETF | $2,004,833 | $2,004,833 |
| MFO ARTISAN FDS INC INTL VALUE FD INSTL | $4,876,425 | $4,876,425 |
| VANGUARD FTSE DEVELOPED MARKETS ETF SEDOL | $4,573,170 | $4,573,170 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (9 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| FORTRESS LENDING FUND IV (A) LP | FMV | $2,787,796 | $2,787,796 |
| CF DAVIDSON KEMPNER INTL (BVI) LTD CL C TRANCHE 3 01MAY23 | FMV | $2,856,983 | $2,856,983 |
| CF GRAHAM GLOBAL INVESTMENT FUND II SPC LTD GGIF II PMX SP | FMV | $2,090,594 | $2,090,594 |
| CF REDWOOD OFFSHORE FUND LTD CLS AII_NR 1 5/20 AII/586 | FMV | $1,283,221 | $1,283,221 |
| FORTRESS LENDING FUND IV (A) LP | FMV | $971,670 | $971,670 |
| GQG PARTNERS EMERGING MARKETS EQUITY FUND | FMV | $1,254,509 | $1,254,509 |
| PARAMETRIC GLOBAL DEFENSIVE EQUITY FUND LLC | FMV | $1,270,277 | $1,270,277 |
| TWO SIGMA ACTIVE EXTENSION U.S. ALL CAP EQUITY CAYMAN FUND, LTD | FMV | $8,819,366 | $8,819,366 |
| US RESEARCH EQUITY EXTENDED FUND LP | FMV | $5,122,369 | $5,122,369 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| UNREALIZED GAIN/LOSS | $465,201 |
| PRIOR PERIOD ADJUSTMENT | $17,197 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (10 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INSURANCE - LIABILITY | $8,650 | $0 | $20,826 |
| SUBSCRIPTIONS | $6,377 | $0 | $6,377 |
| RECRUITING FEES | $35,973 | $0 | $14,925 |
| REGISTRATION FEES | $2,676 | $0 | $2,676 |
| PUBLIC RELATIONS | $3,946 | $0 | $3,946 |
| BANK FEES | $255 | $255 | $0 |
| SUPPLIES | $2,449 | $0 | $2,449 |
| MEMBERSHIPS | $27,059 | $0 | $27,059 |
| OTHER OPERATING EXPENSES | $1,103 | $0 | $1,103 |
| K-1 - PASSTHROUGH DEDUCTIONS | $0 | $82,789 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| BOOK GAIN | $151,478 | $0 | $151,478 |
| K-1 INCOME | $0 | $381,176 | $0 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER LIABILITIES | Desc |
| BOY Book Value | $0 | BOYBookValueAmt |
| EOY Book Value | $19,302 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (4 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $219,204 | $219,204 | $0 |
| IT SERVICES | $22,236 | $0 | $22,236 |
| STRATEGY CONSULTING - JH PHILANTHROPY | $100,000 | $0 | $100,000 |
| WEBSITE AND SOFTWARE | $111,795 | $0 | $68,919 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| EXCISE TAX | $19,886 | $0 | $0 |
| K-1 - FOREIGN TAX | $0 | $8,430 | $0 |