PRATIMA N SHAH FAMILY FOUNDATION: Form 990PF, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: PRATIMA N SHAH FAMILY FOUNDATION (EIN 31-1809141)
Tax period: 2016-01-01 to 2016-12-31
Filed: 2017-05-12
IRS object ID: 201721329349100947
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
Accounting Fees Schedule
Investments Corp Bonds Schedule
Investments Corp Stock Schedule
Other Expenses Schedule
Other Income Schedule2
Taxes Schedule

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2017-05-12T10:02:45-05:00	ReturnTs
Tax Period End	2016-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	362518261	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CALLERO & CALLEROLLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	7800 N MILWAUKEE AVE	AddressLine1Txt
City	NILES	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	607143124	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	311809141	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	PRATIMA N SHAH FAMILY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	PRAT	BusinessNameControlTxt
Phone	3129226400	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	300 S WACKER DR RM/STE 200	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	NIRANJAN SHAH	PersonNm
Person Title	PRESIDENT	PersonTitleTxt
Phone	3129226400	PhoneNum
Signature	2017-05-08	SignatureDt

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	MICHAEL J RYAN	PreparerPersonNm
PTIN	P00025318	PTIN
Phone	8479662040	PhoneNum
Preparation	2017-05-08	PreparationDt

Filing Security Information FilingSecurityInformation

Field	Value	IRS element (for citing)
At Submission Creation Device Id	FFD7058D43D32B700EA13B982A896577124CD665	AtSubmissionCreationDeviceId
At Submission Filing Device Id	FFD7058D43D32B700EA13B982A896577124CD665	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,442,144	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	$650,000	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$13,181	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$13,181	InterestOnSavNetInvstIncmAmt
Dividends Rev And Expnss	$28,577	DividendsRevAndExpnssAmt
Dividends Net Invst Incm	$28,577	DividendsNetInvstIncmAmt
Net Gain Sale Ast Rev And Expnss	$37,549	NetGainSaleAstRevAndExpnssAmt
Gross Sales Price	$495,807	GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm	$37,549	CapGainNetIncmNetInvstIncmAmt
Other Income Rev And Expnss	$2,086	OtherIncomeRevAndExpnssAmt
Total Rev And Expnss	$731,393	TotalRevAndExpnssAmt
Total Net Invst Incm	$79,307	TotalNetInvstIncmAmt
Accounting Fees Rev And Expnss	$3,500	AccountingFeesRevAndExpnssAmt
Taxes Rev And Expnss	$2,105	TaxesRevAndExpnssAmt
Other Expenses Rev And Expnss	$9,142	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$9,142	OtherExpensesNetInvstIncmAmt
Tot Opr Expenses Rev And Expnss	$14,747	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$9,142	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$0	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$57,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$57,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$71,747	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$9,142	TotalExpensesNetInvstIncmAmt
Total Expenses Dsbrs Chrtbl	$57,000	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$659,646	ExcessRevenueOverExpensesAmt
Net Investment Income	$70,165	NetInvestmentIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$50,181	CashBOYAmt
Cash EOY	$762,519	CashEOYAmt
Cash EOYFMV	$762,519	CashEOYFMVAmt
Corporate Stock BOY	$1,276,992	CorporateStockBOYAmt
Corporate Stock EOY	$1,250,138	CorporateStockEOYAmt
Corporate Stock EOYFMV	$1,389,688	CorporateStockEOYFMVAmt
Corporate Bonds BOY	$334,255	CorporateBondsBOYAmt
Corporate Bonds EOY	$308,417	CorporateBondsEOYAmt
Corporate Bonds EOYFMV	$289,937	CorporateBondsEOYFMVAmt
Total Assets BOY	$1,661,428	TotalAssetsBOYAmt
Total Assets EOY	$2,321,074	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,442,144	TotalAssetsEOYFMVAmt
Total Liabilities EOY	$0	TotalLiabilitiesEOYAmt
Org Does Not Follow SFAS117	Yes (X)	OrgDoesNotFollowSFAS117Ind
Retained Earning BOY	$1,661,428	RetainedEarningBOYAmt
Retained Earning EOY	$2,321,074	RetainedEarningEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,661,428	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,321,074	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,661,428	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,321,074	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,661,428	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$659,646	ExcessRevenueOverExpensesAmt
Subtotal	$2,321,074	SubtotalAmt
Tot Net Ast Or Fund Balances EOY	$2,321,074	TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (46 entries)

PropertyPropertyDesc	How AcquiredHowAcquiredCd	AcquiredAcquiredDt	SoldSoldDt	Gross Sales PriceGrossSalesPriceAmt	Cost Or Other BasisCostOrOtherBasisAmt	Gain Or LossGainOrLossAmt	Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
APPLE INC	P	2015-11-12	2016-09-19	$77	$79	-$2	-$2
BLACKSTONE GROUP LP	P	2015-11-02	2016-12-12	$427	$490	-$63	-$63
WILLIAMS COS INC	P	2014-10-10	2016-06-08	$2,316	$3,721	-$1,405	-$1,405
PRUDENTIAL FINANCIAL	P	2014-07-16	2016-12-12	$2,692	$2,369	$323	$323
APPLE INC	P	2016-01-13	2016-09-19	$5,502	$4,823	$679	$679
GREEN DOT CORP	P	2015-03-16	2016-05-24	$6,340	$4,950	$1,390	$1,390
WILLIAMS COS INC	P	2010-07-27	2016-06-15	$2,169	$1,664	$505	$505
BLACKSTONE GROUP LP	P	2015-10-05	2016-09-15	$25,991	$32,398	-$6,407	-$6,407
JP MORGAN CHASE & CO	P	2015-12-02	2016-01-07	$47,615	$50,663	-$3,048	-$3,048
BOEING CO	P	2013-02-15	2016-06-29	$3,138	$1,881	$1,257	$1,257
BLACKSTONE GROUP LP	P	2016-02-16	2016-12-12	$728	$619	$109	$109
AT INCOME OPPORTUNITIES FUND	P	2015-12-30	2016-02-08	$17,370	$20,482	-$3,112	-$3,112
CISCO SYS INC	P	2014-04-01	2016-06-29	$2,373	$1,978	$395	$395
BLACKSTONE GROUP LP	P	2016-03-09	2016-12-12	$11,798	$11,206	$592	$592
NBC UNIVERSAL MEDIA	P	2013-06-17	2016-04-01	$25,000	$26,365	-$1,365	-$1,365
CITRIX SYS INC	P	2013-10-24	2016-07-01	$5,615	$4,196	$1,419	$1,419
BLACKSTONE GROUP LP	P	2016-05-09	2016-12-12	$447	$403	$44	$44
US TREASURY NOTE	P	2007-10-15	2016-08-15	$25,000	$25,407	-$407	-$407
VERIZON COMMUNICATIONS	P	2014-09-05	2016-07-12	$2,489	$2,249	$240	$240
BLACKSTONE GROUP LP	P	2016-06-17	2016-12-12	$27,894	$23,573	$4,321	$4,321
ISHARES RUSSELL 2000	P	2008-10-24	2016-10-26	$38,324	$15,199	$23,125	$23,125
MACYS INC	P	2015-02-27	2016-08-22	$2,361	$3,748	-$1,387	-$1,387
EVERI HOLDINGS INC	P	2015-09-08	2016-04-13	$2,137	$4,767	-$2,630	-$2,630
MATTHEWS PACIFIC TIGER FUND	P	2013-01-01	2016-10-26	$24,413	$27,340	-$2,927	-$2,927
DELL TECHNOLOGIES	P	2012-11-19	2016-09-07	$16	$16
ICICI BANK LIMITED ADR	P	2015-10-28	2016-10-26	$13,439	$13,848	-$409	-$409
HONEYWELL INTL INC	P	2011-05-05	2016-11-01	$27,099	$27,648	-$549	-$549
E M C CORP MASS	P	2015-03-16	2016-09-07	$9,819	$8,198	$1,621	$1,621
MAGELLAN MIDSTREAM PARTNERS	P	2015-10-22	2016-02-17	$32,515	$30,284	$2,231	$2,231
TWEEDY BROWNE GLOBAL	P	2015-12-02	2016-12-23	$24,970	$25,585	-$615	-$615
VERIZON COMMUNICATIONS	P	2014-09-05	2016-09-28	$7,256	$6,682	$574	$574
MAGELLAN MIDSTREAM PARTNERS	P	2015-10-28	2016-02-17	$22,795	$21,983	$812	$812
AMAZON	P	2014-10-07	2016-01-12	$2,466	$1,282	$1,184	$1,184
CAPITAL ONE	P	2015-01-23	2016-11-10	$2,599	$2,239	$360	$360
NEOPHOTONICS CORP	P	2015-08-31	2016-02-16	$19,077	$14,788	$4,289	$4,289
TYCO INTL PLC	P	2015-04-02	2016-01-29	$3,087	$3,907	-$820	-$820
HOME DEPOT INC	P	2013-11-13	2016-11-14	$2,537	$1,535	$1,002	$1,002
APPLE INC	P	2015-07-30	2016-09-19	$5,707	$6,103	-$396	-$396
TYCO INTL PLC	P	2015-10-30	2016-02-09	$2,389	$2,697	-$308	-$308
TJX COS INC	P	2013-03-13	2016-11-14	$2,737	$1,033	$1,704	$1,704
APPLE INC	P	2015-08-05	2016-09-19	$11,414	$11,687	-$273	-$273
TYCO INTL PLC	P	2015-10-30	2016-02-10	$1,071	$1,136	-$65	-$65
APPLE INC	P	2011-05-24	2016-11-18	$5,052	$2,154	$2,898	$2,898
APPLE INC	P	2015-08-13	2016-09-19	$128	$130	-$2	-$2
EQT CORP	P	2010-05-21	2016-03-07	$2,696	$1,476	$1,220	$1,220
MEDTRONIC PLC	P	2015-01-27	2016-11-29	$3,149	$3,277	-$128	-$128

Field	Value	IRS element (for citing)
Capital Gain Net Income	$37,549	CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss	-$3,724	NetShortTermCapitalGainLossAmt

Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp

Field	Value	IRS element (for citing)
Liable Section4942 Tax	Yes (true)	LiableSection4942TaxInd

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$1,403	InvestmentIncomeExciseTaxAmt
Subtotal	$1,403	SubtotalAmt
Tax Based On Investment Income	$1,403	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$2,000	EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits	$2,000	TotalPaymentsAndCreditsAmt
Overpayment	$597	OverpaymentAmt
Applied To ES Tax	$597	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	PRATIMA N SHAH	IndividualWithBooksNm
Phone	3129226400	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 SOUTH WACKER DR SUITE 200	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	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
Undistr Incm Sect4942a2 Not App	Yes (true)	UndistrIncmSect4942a2NotAppInd
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
NIRANJAN SHAH
300 S WACKER	CHICAGO	IL	60606	PRESIDENT	5.00	$0	$0	$0
PRATIMA N SHAH
300 S WACKER	CHICAGO	IL	60606	TREASURER	5.00	$0	$0	$0
SMITA SHAH
300 S WACKER	CHICAGO	IL	60606	SECRETARY	5.00	$0	$0	$0

Field	Value	IRS element (for citing)
Comp Of Hghst Pd Empl Or NONE	NONE	CompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONE	NONE	CompOfHghstPdCntrctOrNONETxt

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	$1,681,397	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$406,350	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$0	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,087,747	TotalFMVOfUnusedAssetsAmt
Adjusted Total FMV Of Unused Ast	$2,087,747	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$31,316	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,056,431	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$102,822	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Minimum Investment Return	$102,822	MinimumInvestmentReturnAmt
Tax Based On Investment Income	$1,403	TaxBasedOnInvestmentIncomeAmt
Total Tax	$1,403	TotalTaxAmt
Distributable Before Adj	$101,419	DistributableBeforeAdjAmt
Distributable Before Ded	$101,419	DistributableBeforeDedAmt
Distributable As Adjusted	$101,419	DistributableAsAdjustedAmt

Qualifying Distri Part XII QualifyingDistriPartXIIGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$57,000	ExpensesAndContributionsAmt
Qualifying Distributions	$57,000	QualifyingDistributionsAmt
Adjusted Qualifying Distri	$57,000	AdjustedQualifyingDistriAmt

Undistributed Income UndistributedIncomeGrp

Field	Value	IRS element (for citing)
Distributable As Adjusted	$101,419	DistributableAsAdjustedAmt
Undistributed Income PY	$41,776	UndistributedIncomePYAmt
Qualifying Distributions	$57,000	QualifyingDistributionsAmt
Applied To Year1	$41,776	AppliedToYear1Amt
Applied To Current Year	$15,224	AppliedToCurrentYearAmt
Undistributed Income CY	$86,195	UndistributedIncomeCYAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (4 entries)

Address Line1RecipientUSAddress/AddressLine1Txt	CityRecipientUSAddress/CityNm	State AbbreviationRecipientUSAddress/StateAbbreviationCd	ZIPRecipientUSAddress/ZIPCd	Recipient Foundation StatusRecipientFoundationStatusTxt	Grant Or Contribution PurposeGrantOrContributionPurposeTxt	AmtAmt
LOYOLA UNIVERSITY CHICAGO
1032 W SHERIDAN ROAD	CHICAGO	IL	60660	PC	SUPPORT FOR EDUCATION	$6,500
AFTER SCHOOL MATTERS
66 E RANDOLPH ST	CHICAGO	IL	60601	PC	SUPPORT FOR PROGRAMS	$25,000
CATHOLIC EXTENSION
150 S WACKER DR	CHICAGO	IL	60606	PC	SUPPORT FOR PARISH	$25,000
BIG SHOULDERS FUND
212 W VAN BUREN SUITE 900	CHICAGO	IL	60607	PC	SUPPORT EDUCATION PROGRAMS	$500

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$57,000	TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$13,181	ExclusionAmt

Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$28,577	ExclusionAmt

Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp

Field	Value	IRS element (for citing)
Business	900099	BusinessCd
Unrelated Business Taxbl Incm	$2,086	UnrelatedBusinessTaxblIncmAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$11,573	ExclusionAmt
Related Or Exempt Function Incm	$25,976	RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$2,086	UnrelatedBusinessTaxblIncmAmt
Exclusion	$53,331	ExclusionAmt
Related Or Exempt Function Incm	$25,976	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$81,393	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	Yes (true)	RelationshipsNonchrtblEOInd

Relationship Schedule Detail RelationshipScheduleDetail

Organization Business Name OrganizationBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	NIRANJAN SHAH EDU FUND	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Organization Type	FOREIGN PRIVATE	OrganizationTypeDesc
Relationship Description	SAME DIRECTORS	RelationshipDescriptionTxt

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	PRATIMA SHAH	ContributorPersonNm

Contributor US Address ContributorUSAddress

Field	Value	IRS element (for citing)
Address Line1	300 S WACKER DR	AddressLine1Txt
Address Line2	SUITE 200	AddressLine2Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60606	ZIPCd

Field	Value	IRS element (for citing)
Total Contributions	$650,000	TotalContributionsAmt
Person Contribution	Yes (X)	PersonContributionInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	INDIRECT ACCOUNTING FEES	CategoryTxt
Amt	$3,500	Amt

Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule

Investments Corporate Bonds InvestmentsCorporateBondsGrp

Field	Value	IRS element (for citing)
Bond	VARIOUS BONDS	BondNm
EOY Book Value	$308,417	EOYBookValueAmt
EOYFMV	$289,937	EOYFMVAmt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
VARIOUS STOCKS	$703,617	$910,533
VARIOUS MUTUAL FUNDS	$546,521	$479,155

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt
EXPENSES
INVESTMENT FEES	$9,142	$9,142

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (2 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt
MAGELLAN PTP	$1,805
BLACKSTONE PTP	$281

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxt	AmtAmt
SEC OF STATE	$25
FEDERAL TAXES	$2,080