ZELL FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- ZELL FAMILY FOUNDATION (EIN 36-3487811)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-10-31
- IRS object ID
- 202543049349100019
- 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
- Expenditure Responsibility Stmt
- General Explanation Attachment
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Legal Fees Schedule
- 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 | 2025-10-31T09:08:12-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 861065772 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DELOITTE TAX LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1015 SECOND AVENUE SUITE 500 | AddressLine1Txt |
| City | SEATTLE | CityNm |
| State Abbreviation | WA | StateAbbreviationCd |
| ZIP | 98104 | 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 | 363487811 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZELL FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | ZELL | BusinessNameControlTxt |
| Phone | 3124663335 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO NORTH RIVERSIDE PLAZA 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PHILIP TINKLER | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 3124663335 | PhoneNum |
| Signature | 2025-10-30 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JANE M SEARING | PreparerPersonNm |
| PTIN | P00000565 | PTIN |
| Phone | 2067167000 | 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 | $119,612,467 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $37,467,060 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $1,250,508 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $1,250,897 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $4,227,481 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $4,227,481 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,011,656 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $10,623,511 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $977,093 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $149,225 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $73,386 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $44,105,930 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $6,528,857 | 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 | $118,452 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $59,226 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $59,226 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $79,400 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $39,700 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $39,700 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $87,021 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $43,511 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $43,510 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $201,081 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $6,066 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $222,806 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $270,878 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $367,546 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $708,760 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $419,381 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $509,982 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $68,596,751 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,988,248 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $69,305,511 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $419,381 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $63,498,230 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$25,199,581 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $6,109,476 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $217,114 | CashBOYAmt |
| Cash EOY | $208,828 | CashEOYAmt |
| Cash EOYFMV | $208,828 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $9,250,272 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $72,779,694 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $72,779,694 | SavAndTempCashInvstEOYFMVAmt |
| Pledges Rcvbl BOY | $131,913,521 | PledgesRcvblBOYAmt |
| Other Nts And Loans Rcvbl | $14,138,581 | OtherNtsAndLoansRcvblAmt |
| Other Rcvbl Allwnc Dbtfl Acct | $0 | OtherRcvblAllwncDbtflAcctAmt |
| Other Nts And Loans Rcvbl BOY | $95,095,977 | OtherNtsAndLoansRcvblBOYAmt |
| Other Nts And Loans Rcvbl EOY | $14,138,581 | OtherNtsAndLoansRcvblEOYAmt |
| Other Nts And Loans Rcvbl EOYFMV | $14,138,581 | OtherNtsAndLoansRcvblEOYFMVAmt |
| Corporate Stock BOY | $24,145,363 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,981,316 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $23,981,316 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $13,949,369 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $8,125,000 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $8,125,000 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $542,737 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $379,048 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $379,048 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $275,114,353 | TotalAssetsBOYAmt |
| Total Assets EOY | $119,612,467 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $119,612,467 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $149,835 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $44,250 | AccountsPayableEOYAmt |
| Grants Payable BOY | $130,551,430 | GrantsPayableBOYAmt |
| Grants Payable EOY | $134,184,933 | GrantsPayableEOYAmt |
| Other Liabilities BOY | $261,961 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $0 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $130,963,226 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $134,229,183 | TotalLiabilitiesEOYAmt |
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
| No Donor Rstr Net Assests BOY | $8,844,570 | NoDonorRstrNetAssestsBOYAmt |
| No Donor Rstr Net Assests EOY | $0 | NoDonorRstrNetAssestsEOYAmt |
| Donor Rstr Net Assets BOY | $135,306,557 | DonorRstrNetAssetsBOYAmt |
| Donor Rstr Net Assets EOY | -$14,616,716 | DonorRstrNetAssetsEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $144,151,127 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | -$14,616,716 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $275,114,353 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $119,612,467 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $144,151,127 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$25,199,581 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $118,951,546 | SubtotalAmt |
| Other Decreases | $133,568,262 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | -$14,616,716 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Property | PUBLICLY TRADED SECURITIES | PropertyDesc |
| Gross Sales Price | $10,623,511 | GrossSalesPriceAmt |
| Cost Or Other Basis | $9,646,418 | CostOrOtherBasisAmt |
| Gain Or Loss | $977,093 | GainOrLossAmt |
| Gains Minus Excess Or Losses | $977,093 | GainsMinusExcessOrLossesAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $977,093 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $84,922 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $84,922 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $84,922 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $391,286 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $0 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $391,286 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $306,364 | OverpaymentAmt |
| Applied To ES Tax | $306,364 | AppliedToESTaxAmt |
| Refund | $0 | RefundAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | 0 | LegislativePoliticalActyInd |
| More Than100 Spent | 0 | MoreThan100SpentInd |
| Form1120 POL Filed | 0 | Form1120POLFiledInd |
| Section4955 Organization Tax | $0 | Section4955OrganizationTaxAmt |
| Section4955 Managers Tax | $0 | Section4955ManagersTaxAmt |
| Tax Reimbursed | $0 | TaxReimbursedAmt |
| Activities Not Previously Rpt | 0 | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | 0 | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | 0 | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (1) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (1) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (1) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | 0 | PrivateOperatingFoundationInd |
| New Substantial Contributors | 0 | NewSubstantialContributorsInd |
| Own Controlled Entity | Yes (1) | OwnControlledEntityInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (1) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHAI TRUST COMPANY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3124663335 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO NORTH RIVERSIDE PLAZA SUITE 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606062627 | 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 | Yes (1) | BusinessHoldingsInd |
| Excess Business Holdings | 0 | ExcessBusinessHoldingsInd |
| 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 |
| Maintained Expenditure Rspns | Yes (1) | MaintainedExpenditureRspnsInd |
| 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 |
|---|---|---|---|---|---|---|---|---|
| HELEN H ZELL | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| KELLIE ZELL | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | VICE PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| MATTHEW M ZELL | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | VICE PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| JOANN L ZELL | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | VICE PRESIDENT & DIRECTOR | 1.00 | $0 | $0 | $0 |
| PHILIP TINKLER | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| LUCILLE MCFARLAND | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| JOSEPH MIRON | ||||||||
| 120 N LASALLE STREET 38TH FLOOR | CHICAGO | IL | 60602 | SECRETARY/ VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| MICHAEL SHINER | ||||||||
| TWO NORTH RIVERSIDE PLAZA STE 600 | CHICAGO | IL | 60606 | TREASURER/VICE PRESIDENT | 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 (4 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CHAI TRUST COMPANY | |||||
| TWO NORTH RIVERSIDE PLAZA SUITE 600 | CHICAGO | IL | 60606 | ACCOUNTING SERVICES | $262,897 |
| DELOITTE TAX LLP | |||||
| 1015 SECOND AVENUE SUITE 500 | SEATTLE | WA | 98104 | ACCOUNTING SERVICES | $87,021 |
| KATTEN MUCHIN ROSENMAN LLP | |||||
| 525 WEST MONROE STREET | CHICAGO | IL | 60661 | LEGAL SERVICES | $61,187 |
| C3 LEGAL LLC | |||||
| 1658 MILWAUKEE AVENUE 305 | CHICAGO | IL | 60647 | LEGAL SERVICES | $54,049 |
| 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 | $37,140,950 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $33,740,219 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $457,558 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $71,338,727 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $71,338,727 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,070,081 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $70,268,646 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,513,432 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,513,432 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $84,922 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $84,922 | TotalTaxAmt |
| Distributable Before Adj | $3,428,510 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,428,510 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,428,510 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $63,498,230 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $63,498,230 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,428,510 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $12,040,514 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $11,515,928 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $11,553,910 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $18,948,145 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $127,599,642 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $181,658,139 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $63,498,230 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,428,510 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $60,069,720 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $241,727,859 | 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 | $12,040,514 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $229,687,345 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $11,515,928 | ExcessFromYear4Amt |
| Excess From Year3 | $11,553,910 | ExcessFromYear3Amt |
| Excess From Year2 | $18,948,145 | ExcessFromYear2Amt |
| Excess From Year1 | $127,599,642 | ExcessFromYear1Amt |
| Excess From Current Year | $60,069,720 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | HELEN H ZELL | ContributingManagerNm |
| Contributing Manager | KELLIE ZELL | ContributingManagerNm |
| Contributing Manager | MATTHEW M ZELL | ContributingManagerNm |
| Contributing Manager | JOANN L ZELL | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (55 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt | Address Line2RecipientUSAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|
| AMERICAN CIVIL LIBERTIES UNION FOUNDATION | ||||||||
| 125 BROAD ST 18TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL SUPPORT | $200,000 | |
| AMERICAN FRIENDS OF REICHMAN UNIVERSITY (FKA-IDC) | ||||||||
| 142 WEST 57TH STREET 11TH FLOOR | NEW YORK | NY | 10019 | NONE | PC | GENERAL SUPPORT | $1,000,000 | |
| AMERICAN SYMPHONY LEAGUE | ||||||||
| 33 W 60TH STREET 5TH FLOOR | NEW YORK | NY | 10023 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| ANN & ROBERT H LURIE CHILDREN'S HOSPITAL | ||||||||
| 225 E CHICAGO AVE 269 | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $100,000 | |
| ART INSTITUTE OF CHICAGO | ||||||||
| 111 SOUTH MICHIGAN AVENUE | CHICAGO | IL | 60130 | NONE | PC | GENERAL SUPPORT | $5,000 | |
| BIRTHRIGHT ISRAEL FOUNDATION | ||||||||
| PO BOX 21615 | NEW YORK | NY | 10087 | NONE | PC | GENERAL SUPPORT | $250,000 | |
| CAMP RAMAH IN WISCONSIN ENDOWMENT CORP | ||||||||
| 67 E MADISON STREET SUITE 1905 | CHICAGO | IL | 60603 | NONE | PC | GENERAL SUPPORT | $3,000,000 | |
| CELLO BELLO | ||||||||
| 236 HUNTINGTON AVE STE 301 | BOSTON | MA | 02115 | NONE | PC | GENERAL SUPPORT | $150,000 | |
| CESAR E CHAVEZ MULTICULTURAL ACADEMIC CENTER | ||||||||
| 4747 S MARSHFIELD AVE | CHICAGO | IL | 60609 | NONE | GOV | GENERAL SUPPORT | $67,715 | |
| CHIARTS FOUNDATION | ||||||||
| PO BOX 772076 | CHICAGO | IL | 60677 | NONE | PC | GENERAL SUPPORT | $415,000 | |
| CHICAGO ARCHITECTURAL BIENNIAL | ||||||||
| 78 E WASHINGTON ST | CHICAGO | IL | 60602 | NONE | PC | GENERAL SUPPORT | $150,000 | |
| CHICAGO PUBLIC EDUCATION FUND | ||||||||
| 200 WEST ADAMS SUITE 1175 | CHICAGO | IL | 60606 | NONE | PC | GENERAL SUPPORT | $1,000,000 | |
| CHICAGO PUBLIC LIBRARY FOUNDATION | ||||||||
| 200 W MADISON ST 3RD FLOOR | CHICAGO | IL | 60606 | NONE | PC | GENERAL SUPPORT | $50,000 | |
| CHICAGO SYMPHONY ORCHESTRA | ||||||||
| 220 SOUTH MICHIGAN AVENUE | CHICAGO | IL | 60604 | NONE | PC | GENERAL SUPPORT | $1,340,000 | |
| CHICAGO SYMPHONY ORCHESTRA | ||||||||
| 220 SOUTH MICHIGAN AVENUE | CHICAGO | IL | 60604 | NONE | PC | GENERAL SUPPORT | $8,300,000 | |
| CHICAGO WEST COMMUNITY MUSIC CENTER | ||||||||
| 100 N CENTRAL PARK AVE | CHICAGO | IL | 60624 | NONE | PC | GENERAL SUPPORT | $100,000 | |
| CHICAGO YOUTH SYMPHONY ORCHESTRA | ||||||||
| 410 S MICHIGAN AVE SUITE 833 | CHICAGO | IL | 60605 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| ERIKSON INSTITUTE | ||||||||
| 451 N LASALLE STREET | CHICAGO | IL | 60654 | NONE | PC | GENERAL SUPPORT | $50,000 | |
| FACING HISTORY AND OURSELVES | ||||||||
| 89 SOUTH STREET SUITE 401 | BOSTON | MA | 02111 | NONE | PC | GENERAL SUPPORT | $150,000 | |
| FOUNDATION FOR INDIVIDUAL RIGHTS AND EXPRESSION INC (FIRE) | ||||||||
| 510 WALNUT STREET SUITE 900 | PHILADELPHIA | PA | 19106 | NONE | PC | GENERAL SUPPORT | $1,350,000 | |
| HYDE PARK ART CENTER | ||||||||
| 5020 S CORNELL AVE | CHICAGO | IL | 60615 | NONE | PC | GENERAL SUPPORT | $15,000 | |
| IMENTOR | ||||||||
| 199 WATER STREET 8TH FLOOR | NEW YORK | NY | 10038 | NONE | PC | GENERAL SUPPORT | $325,000 | |
| INTRINSIC SCHOOLS | ||||||||
| 4540 W BELMONT AVE | CHICAGO | IL | 60641 | NONE | PC | GENERAL SUPPORT | $100,000 | |
| INVEST FOR KIDS | ||||||||
| 875 N MICHIGAN AVE STE 3400 | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| INVEST FOR KIDS | ||||||||
| 875 N MICHIGAN AVE STE 3400 | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| LINCOLN PARK ZOOLOGICAL SOCIETY | ||||||||
| 2001 NORTH CLARK STREET | CHICAGO | IL | 60614 | NONE | PC | GENERAL SUPPORT | $5,000 | |
| LYRIC OPERA | ||||||||
| 20 NORTH WACKER DRIVE SUITE 860 | CHICAGO | IL | 60606 | NONE | PC | GENERAL SUPPORT | $350,000 | |
| MARWEN | ||||||||
| 833 NORTH ORLEANS | CHICAGO | IL | 60610 | NONE | PC | GENERAL SUPPORT | $125,000 | |
| MAYO CLINIC | ||||||||
| 200 FIRST ST SW | ROCHESTER | MN | 55902 | NONE | PC | GENERAL SUPPORT | $1,500,000 | |
| MERIT SCHOOL OF MUSIC | ||||||||
| 38 S PEORIA ST | CHICAGO | IL | 60607 | NONE | PC | GENERAL SUPPORT | $200,000 | |
| MILLENIUM PARK FOUNDATION | ||||||||
| 201 E RANDOLPH ST | CHICAGO | IL | 60601 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| MUSEUM OF CONTEMPORARY ART | ||||||||
| 220 E CHICAGO AVE | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $700,000 | |
| MUSEUM OF CONTEMPORARY ART | ||||||||
| 220 E CHICAGO AVE | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $100,000 | |
| NORTHWESTERN MEMORIAL FOUNDATION | ||||||||
| 541 N FAIRBANKS CT RM 1630 | CHICAGO | IL | 60611 | NONE | PC | GENERAL SUPPORT | $48,000 | |
| NORTHWESTERN UNIVERSITY-KELLOGG | ||||||||
| 633 CLARK ST | EVANSTON | IL | 60208 | NONE | PC | GENERAL SUPPORT | $25,000,000 | |
| RAVINIA FESTIVAL ASSOCIATION | ||||||||
| 418 SHERIDAN ROAD | HIGHLAND PARK | IL | 60035 | NONE | PC | GENERAL SUPPORT | $10,000 | |
| ROCHELLE ZELL JEWISH HIGH SCHOOL | ||||||||
| 1095 LAKE COOK RD | DEERFIELD | IL | 60015 | NONE | PC | GENERAL SUPPORT | $10,000,000 | |
| START EARLY | ||||||||
| 33 WEST MONROE STREET SUITE 1200 | CHICAGO | IL | 60603 | NONE | PC | GENERAL SUPPORT | $1,000,000 | |
| STEPPENWOLF THEATRE COMPANY | ||||||||
| 1700 N HALSTED ST | CHICAGO | IL | 60614 | NONE | PC | GENERAL SUPPORT | $500,000 | |
| TEACH FOR ALL | ||||||||
| 25 BROADWAY 12TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL SUPPORT | $250,000 | |
| TEACH FOR AMERICA | ||||||||
| 25 BROADWAY 12TH FLOOR | NEW YORK | NY | 10004 | NONE | PC | GENERAL SUPPORT | $125,000 | |
| THE JOFFREY BALLET | ||||||||
| 10 E RANDOLPH STREET | CHICAGO | IL | 60601 | NONE | PC | GENERAL SUPPORT | $100,000 | |
| THE POINT MAGAZINE | ||||||||
| 200 E RANDOLPH ST STE 5100 | CHICAGO | IL | 60601 | NONE | PC | GENERAL SUPPORT | $160,000 | |
| THIRD COAST PERCUSSION NFP | ||||||||
| 4045 N ROCKWELL ST UNIT 301 | CHICAGO | IL | 60618 | NONE | PC | GENERAL SUPPORT | $25,000 | |
| UNIVERSITY OF CHICAGO | ||||||||
| 5235 S HARPER COURT 4TH FLOOR | CHICAGO | IL | 60615 | NONE | PC | GENERAL SUPPORT | $152,533 | |
| UNIVERSITY OF CHICAGO | ||||||||
| 5235 S HARPER COURT 4TH FLOOR | CHICAGO | IL | 60615 | NONE | PC | GENERAL SUPPORT | $2,000,000 | |
| UNIVERSITY OF COLORADO FOUNDATION-PKD RESEARCH | ||||||||
| JUDY FARR ALUMNI CENTER 1620 | GREELEY | CO | 80631 | NONE | PC | GENERAL SUPPORT | $500,000 | RESERVOIR RD |
| UNIVERSITY OF MICHIGAN | ||||||||
| 500 S STATE STREET | ANN ARBOR | MI | 48109 | NONE | PC | GENERAL SUPPORT | $225,000 | |
| UNIVERSITY OF MICHIGAN | ||||||||
| 501 S STATE STREET | ANN ARBOR | MI | 48109 | NONE | PC | GENERAL SUPPORT | $1,250,000 | |
| US HOLOCAUST MEMORIAL MUSEUM | ||||||||
| 100 RAOUL WALLENBERG PL SW | WASHINGTON | DC | 20024 | NONE | PC | GENERAL SUPPORT | $200,000 | |
| WINDOW TO THE WORLD COMMUNICATION-WFMT | ||||||||
| 5400 N ST LOUIS AVE | CHICAGO | IL | 60625 | NONE | PC | GENERAL SUPPORT | $35,000 | |
| WINDOW TO THE WORLD COMMUNICATION-WFMT | ||||||||
| 5400 N ST LOUIS AVE | CHICAGO | IL | 60625 | NONE | PC | GENERAL SUPPORT | $35,000 | |
| YOUNG CHICAGO AUTHORS | ||||||||
| 1180 N MILWAUKEE AVE STE 2 | CHICAGO | IL | 60642 | NONE | PC | GENERAL SUPPORT | $165,000 | |
| ZELL ENTREPRENEURSHIP FOUNDATION | ||||||||
| 2 N RIVERSIDE PLZ STE 600 | CHICAGO | IL | 60606 | NONE | PF | ENTREPRENEURSHIP EDUCATION - OUT OF CORPUS | $2,000,000 | |
| ZELL ENTREPRENEURSHIP FOUNDATION | ||||||||
| 2 N RIVERSIDE PLZ STE 600 | CHICAGO | IL | 60606 | NONE | PF | ENTREPRENEURSHIP EDUCATION - OUT OF CORPUS | -$2,000,000 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,988,248 | 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 | $1,250,508 | ExclusionAmt |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $4,227,481 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,011,656 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (2 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| FEDERAL EXCISE TAX REFUND | 01 | $117,483 |
| STATE TAX REFUND | 01 | $31,742 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $6,638,870 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $6,638,870 | 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 | ESTATE OF SAMUEL ZELL | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | TWO NORTH RIVERSIDE PLAZA SUITE 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $37,467,060 | 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 | $79,400 | Amt |
| Net Investment Income | $39,700 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $39,700 | DisbursementsCharitablePrpsAmt |
Expenditure Responsibility Stmt ExpenditureResponsibilityStmt
Expenditure Responsibility ExpenditureResponsibilityGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ZELL ENTREPRENEURSHIP FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2 N RIVERSIDE PLAZA SUITE 600 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant | 2020-03-31 | GrantDt |
| Grant | $20,000,000 | GrantAmt |
| Purpose Of Grant | PURSUANT TO THE GRANT AGREEMENT DATED MARCH 31, 2020, THE GRANT IS TO BEUSED IN GENERAL SUPPORT OF FURTHERING THE GRANTEE'S TAX-EXEMPT CHARITABLE,EDUCATIONAL, AND SCIENTIFIC PURPOSES. THE GRANT IS A MULTI-YEAR GRANT TO BE PAID OUT IN $2,000,000 INCREMENTS EACH YEAR. AS OF 12/31/2024, $10,000,000 HAS BEEN PAID OUT, AND 1,081,759 HAS BEEN EXPENDED BY THE GRANTEE. THIS IS AN OUT-OF-CORPUS GRANT ON BEHALF OF ZELL FAMILY FOUNDATION. | PurposeOfGrantTxt |
| Expended By Grantee | $1,081,759 | ExpendedByGranteeAmt |
| Any Diversion By Grantee | NO KNOWN DIVERSION OF FUNDS. | AnyDiversionByGranteeTxt |
| Dates Of Reports By Grantee | 2/26/2021, 2/23/2022, 3/1/2023, 2/28/2024, 2/28/2025 | DatesOfReportsByGranteeTxt |
| Results Of Verification | N/A - REVIEW OF GRANTEE REPORT(S) DID NOT RESULT IN REASON TO DOUBTACCURACY OR RELIABILITY. | ResultsOfVerificationTxt |
General Explanation Attachment GeneralExplanationAttachment
General Explanation GeneralExplanationGrp (2 entries)
| IdentifierIdentifierTxt | Form And Line ReferenceFormAndLineReferenceDesc | Medium ExplanationMediumExplanationTxt |
|---|---|---|
| CONTROLLED ENTITIES | PART VI-A, LINE 11 | ZFF GREYCASTLE HOLDINGS, LLC 2 N. RIVERSIDE PLAZA, SUITE 600CHICAGO, IL 60606EIN: 61-1741804EXCESS BUSINESS HOLDING: NO |
| PART II, LINE 25, COLUMN (B) | ZELL FAMILY FOUNDATION'S REPORTED NEGATIVE NET ASSETS REPRESENT A TEMPORARY TIMING DIFFERENCE BETWEEN THE RECEIPT OF PLEDGED OR ANTICIPATED FUNDING AND THE SCHEDULED DISBURSEMENT OF GRANTS. BASED ON THE FOUNDATION'S CASH FLOW PROJECTIONS, THE TIMING OF INCOMING FUNDS ARE EXPECTED TO BE APPROPRIATE FOR MEETING GRANT OBLIGATIONS AS THEY BECOME DUE. ACCORDINGLY, THERE IS NO RISK TO THE FOUNDATION'S ABILITY TO MEET ITS COMMITMENTS. |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | PASHA LOAN | BondNm |
| EOY Book Value | $8,125,000 | EOYBookValueAmt |
| EOYFMV | $8,125,000 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| BANCO HIPOTECARIO ARS10 CL D - COMMON STOCK | $597,358 | $597,358 |
| PHARMALINK INTERNATIONAL LIMITED - COMMON STOCK | $3,463,800 | $3,463,800 |
| WESCO INTERNATIONAL - PREFERRED A | $18,620,158 | $18,620,158 |
| EQUITY COMMONWEALTH - COMMON STOCK | $1,300,000 | $1,300,000 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MAP HERITAGE FUND (FKA: MAP 2006 (A) LP) | CategoryOrItemTxt |
| Listed At Cost Or FMV | FMV | ListedAtCostOrFMVCd |
| Book Value | $379,048 | BookValueAmt |
| EOYFMV | $379,048 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL FEES | CategoryTxt |
| Legal Fees | $118,452 | LegalFeesAmt |
| Net Investment Income | $59,226 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $59,226 | DisbursementsCharitablePrpsAmt |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| PPA - ADJUSTMENT TO BEQUEST | $131,913,521 |
| UNREALIZED LOSS | $1,654,741 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (5 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| BANK FEES | $1,055 | $1,055 | $0 |
| INVESTMENT SERVICES FEES | $221,597 | $221,597 | $0 |
| PARTNERSHIP EXPENSES | $0 | $48,072 | $0 |
| POSTAGE & DELIVERY | $154 | $154 | $0 |
| ACCRUAL TO CASH ADJUSTMENT | $0 | $0 | $367,546 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| PARTNERSHIP INCOME/(LOSS) | $0 | $73,386 | $0 |
| FEDERAL EXCISE TAX REFUND | $117,483 | $117,483 | |
| STATE TAX REFUND | $31,742 | $31,742 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER PAYABLE | Desc |
| BOY Book Value | $261,961 | BOYBookValueAmt |
| EOY Book Value | $0 | EOYBookValueAmt |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | OTHER PROFESSIONAL FEES | CategoryTxt |
| Amt | $87,021 | Amt |
| Net Investment Income | $43,511 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $43,510 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| FOREIGN TAXES | $6,066 | $6,066 | $0 |
| FEDERAL EXCISE TAX | $195,000 | $0 | $0 |
| STATE TAXES | $15 | $0 | $0 |