SQUARE ONE FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- SQUARE ONE FOUNDATION (EIN 36-6068835)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-11-13
- IRS object ID
- 201723179349100122
- Schema version
- 2016v3.0
- 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
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-11-13T08:35:48-06:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 363077757 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRAY HUNTER STENN LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 HARGER RD SUITE 521 | AddressLine1Txt |
| City | OAK BROOK | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 605231819 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2016-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 366068835 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SQUARE ONE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SQUA | BusinessNameControlTxt |
| Phone | 3126665500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 W ERIE STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | PRISCILLA KERSTEN | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3126665500 | PhoneNum |
| Signature | 2017-11-10 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIAN C COUGHLIN | PreparerPersonNm |
| PTIN | P00285810 | PTIN |
| Phone | 6305714900 | PhoneNum |
| Preparation | 2017-11-10 | PreparationDt |
Filing Security Information FilingSecurityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| At Submission Creation Device Id | 7C831A455861174122742BE6B60FEA589BF475CB | AtSubmissionCreationDeviceId |
| At Submission Filing Device Id | 7C831A455861174122742BE6B60FEA589BF475CB | AtSubmissionFilingDeviceId |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2016 | TaxYr |
| Build TS | 2017-02-10 21:41:12Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $54,057,251 | 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 | $5,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $33,901 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $33,901 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $634,520 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $634,520 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $365,302 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $1,508,227 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $343,071 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $683,266 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $381,279 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $6,716,989 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,392,771 | TotalNetInvstIncmAmt |
| Interest Rev And Expnss | $114,641 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $114,641 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $71,060 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $30,620 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $596,100 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $596,100 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $781,801 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $741,361 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $3,223,025 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $3,223,025 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $4,004,826 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $741,361 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $3,223,025 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $2,712,163 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $651,410 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $421,333 | CashBOYAmt |
| Cash EOY | $2,457,614 | CashEOYAmt |
| Cash EOYFMV | $2,457,614 | CashEOYFMVAmt |
| Other Investments BOY | $48,247,236 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $51,599,637 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $51,599,637 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $48,668,569 | TotalAssetsBOYAmt |
| Total Assets EOY | $54,057,251 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $54,057,251 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $48,668,569 | UnrestrictedBOYAmt |
| Unrestricted EOY | $54,057,251 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $48,668,569 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $54,057,251 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $48,668,569 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $54,057,251 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $48,668,569 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $2,712,163 | ExcessRevenueOverExpensesAmt |
| Other Increases | $2,676,519 | OtherIncreasesAmt |
| Subtotal | $54,057,251 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $54,057,251 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (10 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|
| SHORT TERM CAPITAL GAINS FROM K-1'S | P | $41,178 | $41,178 | $41,178 | |
| LONG TERM CAPITAL GAINS FROM K-1'S | P | $293,708 | $293,708 | $293,708 | |
| THE NORTHERN TRUST 23-48067 | P | $224,456 | -$25,278 | -$25,278 | $249,734 |
| THE NORTHERN TRUST 23-48067 | P | $276,195 | -$1,470 | -$1,470 | $277,665 |
| THE NORTHERN TRUST 03-99240 | P | $127,067 | -$25,657 | -$25,657 | $152,724 |
| THE NORTHERN TRUST 03-99240 | P | $137,963 | -$27,857 | -$27,857 | $165,820 |
| IVA FUNDS | P | $14,963 | $14,963 | $14,963 | |
| FPA | P | $65,632 | $65,632 | $65,632 | |
| FPA | P | $496 | $496 | $496 | |
| SOLUS II | P | $304,338 | $7,356 | $7,356 | $296,982 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $343,071 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$9,261 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $3,225,642 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $48,263,893 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.066833 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $2,914,860 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $46,192,172 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.063103 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,685,489 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $39,501,838 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.067984 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $818,542 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $34,103,542 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.024002 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $841,385 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $28,106,462 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.029936 | DistributionYr5Rt |
| Total Distribution | 0.251858 | TotalDistributionRt |
| Average Distribution | 0.050372 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $50,023,783 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $2,519,798 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $6,514 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $2,526,312 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $3,223,025 | QualifyingDistributionsAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Domestic Org Meeting Sect4940e | Yes (X) | DomesticOrgMeetingSect4940eInd |
| Investment Income Excise Tax | $6,514 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $6,514 | SubtotalAmt |
| Tax Based On Investment Income | $6,514 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $40,000 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $5,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $45,000 | TotalPaymentsAndCreditsAmt |
| Overpayment | $38,486 | OverpaymentAmt |
| Applied To ES Tax | $38,486 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | PRISCILLA KERSTEN | IndividualWithBooksNm |
| Phone | 3126665500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 W ERIE | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt | Address Line2USAddress/AddressLine2Txt |
|---|---|---|---|---|---|---|---|---|---|
| PRISCILLA KERSTEN | |||||||||
| 701 W ERIE ST | CHICAGO | IL | 60654 | PRESIDENT | 2.00 | $0 | $0 | $0 | |
| SUSAN GOLDENBERG | |||||||||
| 2 N LASALLE STREET | CHICAGO | IL | 60602 | ASSISTANT SE | 000.00 | $0 | $0 | $0 | STE 1700 |
| STEVEN A KERSTEN | |||||||||
| 701 W ERIE STREET | CHICAGO | IL | 60654 | SECRETARY, T | 000.00 | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| CAMBRIDGE ASSOCIATES LLC | |||||
| 100 SUMMER STREET | BOSTON | MA | 02110 | INVESTMENT ADVI | $140,973 |
| NORTHERN TRUST | |||||
| 50 SOUTH LASALLE STREET | CHICAGO | IL | 60675 | INVESTMENT ADVI | $61,633 |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | N/A | Description1Txt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $1,624,164 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $49,161,402 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $50,785,566 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $50,785,566 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $761,783 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $50,023,783 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,501,189 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,501,189 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $6,514 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $6,514 | TotalTaxAmt |
| Distributable Before Adj | $2,494,675 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,494,675 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,494,675 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $3,223,025 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $3,223,025 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $6,514 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $3,216,511 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,494,675 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr3 | $223,147 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $635,067 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $847,327 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,705,541 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $3,223,025 | QualifyingDistributionsAmt |
| Applied To Current Year | $2,494,675 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $728,350 | RemainingDistriFromCorpusAmt |
| Total Corpus | $2,433,891 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $2,433,891 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $223,147 | ExcessFromYear3Amt |
| Excess From Year2 | $635,067 | ExcessFromYear2Amt |
| Excess From Year1 | $847,327 | ExcessFromYear1Amt |
| Excess From Current Year | $728,350 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | STEVEN KERSTEN | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | SEE ATTACHED | AddressLine1Txt |
| City | SEE ATTACHED | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60610 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL CHARITABLE PURPOSE | GrantOrContributionPurposeTxt |
| Amt | $3,223,025 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $3,223,025 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $33,901 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $634,520 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $22,231 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | $343,071 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (4 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|---|
| OTHER INVESTMENT INCOME | 14 | $381,279 | |||
| REFUND OF FEDERAL EXCISE TAX | $264,422 | ||||
| REFUND OF FEDERAL UBTI TAX | $34,538 | ||||
| OTHER INVESTMENT INCOME | 900001 | $3,027 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $25,258 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $1,392,771 | ExclusionAmt |
| Related Or Exempt Function Incm | $298,960 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $1,716,989 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | 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 Person | STEVEN KERSTEN | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 W ERIE STREET | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60654 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | SEE ATTACHED SCHEDULE | CategoryOrItemTxt |
| Book Value | $51,599,637 | BookValueAmt |
| EOYFMV | $51,599,637 | EOYFMVAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| EXPENSES | ||
| INVESTMENT EXPENSES | $593,215 | $593,215 |
| OTHER DEDUCTIONS | $2,885 | $2,885 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| OTHER INVESTMENT INCOME | $381,279 | $381,279 |
| REFUND OF FEDERAL EXCISE TAX | $264,422 | |
| REFUND OF FEDERAL UBTI TAX | $34,538 | |
| OTHER INVESTMENT INCOME | $3,027 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | UNREALIZED GAINS - SEE ATTACHED | Desc |
| Amt | $2,676,519 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ILLINOIS TAXES | $15,015 | |
| FEDERAL TAXES | $25,425 | |
| FOREIGN TAXES | $30,620 | $30,620 |