WALDER FAMILY FOUNDATION: Form 990PF, tax year 2016
View the entire original 990 at ProPublica ↗
- Organization
- WALDER FAMILY FOUNDATION (EIN 46-4092041)
- Tax period
- 2016-01-01 to 2016-12-31
- Filed
- 2017-09-25
- IRS object ID
- 201732689349100413
- 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
- Legal Fees Schedule
- Other Expenses Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2017-09-25T10:44:32-07:00 | ReturnTs |
| Tax Period End | 2016-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Lerman Sweeney & Co LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 5215 Old Orchard Road Ste 525 | AddressLine1Txt |
| City | Skokie | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600771035 | 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 | 464092041 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Walder Family Foundation | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | WALD | BusinessNameControlTxt |
| Phone | 8477451700 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8180 N McCormick Boulevard | AddressLine1Txt |
| City | Skokie | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60076 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Joseph Walder | PersonNm |
| Person Title | President | PersonTitleTxt |
| Signature | 2017-09-25 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Mitchell S Lerman | PreparerPersonNm |
| PTIN | P00113621 | PTIN |
| Phone | 8479666696 | PhoneNum |
| 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 | $1,657 | 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 | $307,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $3 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $3 | InterestOnSavNetInvstIncmAmt |
| Interest On Savings Adj Net Incm | $3 | InterestOnSavingsAdjNetIncmAmt |
| Total Rev And Expnss | $307,003 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3 | TotalNetInvstIncmAmt |
| Total Adj Net Incm | $3 | TotalAdjNetIncmAmt |
| Legal Fees Rev And Expnss | $2,542 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $100 | LegalFeesNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $8,815 | AccountingFeesRevAndExpnssAmt |
| Other Expenses Rev And Expnss | $265 | OtherExpensesRevAndExpnssAmt |
| Tot Opr Expenses Rev And Expnss | $11,622 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $100 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $831,150 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $831,150 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $842,772 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $100 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $831,150 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$535,769 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $3 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $537,426 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,657 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,657 | SavAndTempCashInvstEOYFMVAmt |
| Total Assets BOY | $537,426 | TotalAssetsBOYAmt |
| Total Assets EOY | $1,657 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,657 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $537,426 | UnrestrictedBOYAmt |
| Unrestricted EOY | $1,657 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $537,426 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $1,657 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $537,426 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $1,657 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $537,426 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$535,769 | ExcessRevenueOverExpensesAmt |
| Subtotal | $1,657 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $1,657 | TotNetAstOrFundBalancesEOYAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $0 | InvestmentIncomeExciseTaxAmt |
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 | false | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | false | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | false | 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 |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Joseph Walder | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 8477451700 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 8180 N McCormick Boulevard | AddressLine1Txt |
| City | Skokie | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 600762920 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| Joseph Walder | ||||||
| 2709 W Sherwin | Chicago | IL | 60645 | President | 0.00 | $0 |
| Elizabeth Walder | ||||||
| 2709 W Sherwin | Chicago | IL | 60645 | Secretary | 0.00 | $0 |
| Alan Siegal | ||||||
| 8180 N McCormick Boulevard | Skokie | IL | 600762920 | Director | 0.00 | $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 |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $80,789 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $80,789 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $80,789 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,212 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $79,577 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,979 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,979 | MinimumInvestmentReturnAmt |
| Distributable Before Adj | $3,979 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $3,979 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $3,979 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $831,150 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $831,150 | QualifyingDistributionsAmt |
| Adjusted Qualifying Distri | $831,150 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,979 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr2 | $597,331 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $2,389,071 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $2,986,402 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $831,150 | QualifyingDistributionsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,979 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $827,171 | RemainingDistriFromCorpusAmt |
| Total Corpus | $3,813,573 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $3,813,573 | ExcessDistriCyovToNextYrAmt |
| Excess From Year2 | $597,331 | ExcessFromYear2Amt |
| Excess From Year1 | $2,389,071 | ExcessFromYear1Amt |
| Excess From Current Year | $827,171 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Joseph Walder | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (13 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| Foundation For Learning Development | |||||||
| 8180 N McCormick Boulevard | Skokie | IL | 60076 | Public Fdn-Common Control | PC | Furtherance of charitable, religious, scientific or educational purposes | $307,000 |
| Skokie Chabad | |||||||
| 4059 Dempster St | Skokie | IL | 60076 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $15,000 |
| Hebrew Theological College | |||||||
| 7135 N Carpenter Rd | Skokie | IL | 60077 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $15,000 |
| Lubavitch Mesivta | |||||||
| 2756 W Morse Ave | Chicago | IL | 60645 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $230,000 |
| Rabbinic Org | |||||||
| 305 Seventh Ave 12th Floor | New York | NY | 10001 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $13,500 |
| Am Com For the Weizman Institure | |||||||
| 633 Third Avenue | New York | NY | 10017 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $30,000 |
| American Friends of HALA | |||||||
| PO Box 181487 | Cleveland Heights | OH | 44118 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $130,000 |
| Chicago Chesed Fund | |||||||
| 7045 Ridgeway Ave | Lincolnwood | IL | 60076 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $55,000 |
| PEF Israel Enfdowment Funds | |||||||
| 630 Third Ave 15th Floor | New York | NY | 10017 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $15,000 |
| Associated Talmud Rorah | |||||||
| 8233 Central Park Ave | Skokie | IL | 60076 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $20,000 |
| Bais Medrash L'Torah | |||||||
| 613 Madison Ave | Lakewood | NJ | 08701 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $200 |
| Yeshiva Kesser Torah | |||||||
| 72-11 Vleigh Place | Kew Garden Hills | NY | 11367 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $180 |
| Yagdil Torah | |||||||
| 383 Kingstopn Ave Room 188 | Brooklyn | NY | 11213 | None | PC | Furtherance of charitable, religious, scientific or educational purposes | $270 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $831,150 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $3 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3 | 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 | Joseph Walder | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2709 West Sherwin | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60645 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $307,000 | 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 | $8,815 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | Legal Fees | CategoryTxt |
| Legal Fees | $2,542 | LegalFeesAmt |
| Net Investment Income | $100 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt |
|---|---|
| Bank Charges | $250 |
| IL Charity Bureau | $15 |