JOSEPH KELLMAN FAMILY FOUNDATION: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH KELLMAN FAMILY FOUNDATION (EIN 36-7336206)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-12
- IRS object ID
- 202523169349103622
- 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
- Depreciation Schedule
- Investments Other Schedule2
- Land Etc Schedule2
- Legal Fees Schedule
- Other Expenses Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-12T17:07:30-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 331498605 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PLANTE & MORAN PLLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 10 S RIVERSIDE PLAZA 9TH FLOOR | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 | 367336206 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | THE JOSEPH KELLMAN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 7739193414 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 E 56TH STREET 3508 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60637 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TROY RATLIFF | PersonNm |
| Person Title | OFFICER | PersonTitleTxt |
| Phone | 7739193414 | PhoneNum |
| Signature | 2025-11-10 | 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 | KIMBERLY A HAUMANN | PreparerPersonNm |
| PTIN | P00546491 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2025-11-10 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $9,063,541 | 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 | $78,000 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $26,528 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $26,528 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $333,185 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $579,598 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $333,185 | CapGainNetIncmNetInvstIncmAmt |
| Total Rev And Expnss | $437,713 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $359,713 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $75,000 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $75,000 | CompOfcrDirTrstDsbrsChrtblAmt |
| Legal Fees Rev And Expnss | $11,793 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $6,052 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $0 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $32,068 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $8,068 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $2,515 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $0 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Deprec And Dpltn Rev And Expnss | $285,639 | DeprecAndDpltnRevAndExpnssAmt |
| Deprec And Dpltn Net Invst Incm | $0 | DeprecAndDpltnNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $201,443 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $652 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $168,295 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $614,510 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $8,720 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $243,295 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $157,815 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $157,815 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $772,325 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $8,720 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $401,110 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$334,612 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $350,993 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $9,969 | CashBOYAmt |
| Cash EOY | $1,856 | CashEOYAmt |
| Cash EOYFMV | $1,856 | CashEOYFMVAmt |
| Sav And Temp Cash Invst BOY | $7,484 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $24,262 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $24,262 | SavAndTempCashInvstEOYFMVAmt |
| Other Investments BOY | $2,180,871 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $2,123,233 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $2,388,353 | OtherInvestmentsEOYFMVAmt |
| Land Bldg Equip Cost Or Other Bss | $11,726,507 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $5,077,435 | LandBldgEquipAccumDeprecAmt |
| Land BOY | $6,934,711 | LandBOYAmt |
| Land EOY | $6,649,072 | LandEOYAmt |
| Land EOYFMV | $6,649,070 | LandEOYFMVAmt |
| Total Assets BOY | $9,133,035 | TotalAssetsBOYAmt |
| Total Assets EOY | $8,798,423 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $9,063,541 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $0 | CapitalStockBOYAmt |
| Capital Stock EOY | $0 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $9,133,035 | RetainedEarningBOYAmt |
| Retained Earning EOY | $8,798,423 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $9,133,035 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $8,798,423 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $9,133,035 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $8,798,423 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $9,133,035 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$334,612 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $8,798,423 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $8,798,423 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|
| CIBC NATIONAL TRUST COMPANY | P | $466,505 | $246,413 | $220,092 | $220,092 |
| CAPITAL GAINS DIVIDENDS | P | $113,093 | $113,093 | $113,093 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $333,185 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $4,879 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,879 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,879 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $2,231 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $6,000 | ExtsnRequestIncomeTaxPaidAmt |
| Backup Withholding Withheld | $0 | BackupWithholdingWithheldAmt |
| Total Payments And Credits | $8,231 | TotalPaymentsAndCreditsAmt |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $3,352 | OverpaymentAmt |
| Applied To ES Tax | $3,352 | 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 | 0 | 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 | THE ORGANIZATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7739193414 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1700 E 56TH STREET UNIT 3508 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60637 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | 0 | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | 0 | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | 0 | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | 0 | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | 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 | 0 | BusinessHoldingsInd |
| Jeopardy Investments | 0 | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | 0 | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | 0 | InfluenceLegislationInd |
| Influence Election | 0 | InfluenceElectionInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Noncharitable Purpose | 0 | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (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 |
|---|---|---|---|---|---|---|---|---|
| JACK KELLMAN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| TROY RATLIFF | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | VICE PRESIDENT/SECRETARY | 5.00 | $75,000 | $0 | $0 |
| LORRIE JONES | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | TREASURER | 1.00 | $0 | $0 | $0 |
| COLETTE GILLEN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| KYLE GILLEN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| JAKE KELLMAN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| ALLAN MUCHIN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 1.00 | $0 | $0 | $0 |
| OLIVIA KELLMAN | ||||||||
| 1700 E 56TH STREET UNIT 3508 | CHICAGO | IL | 60637 | BOARD MEMBER | 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 |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| 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 | $3,417,563 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $46,108 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $3,463,671 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $3,463,671 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $51,955 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $3,411,716 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $170,586 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $170,586 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,879 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,879 | TotalTaxAmt |
| Distributable Before Adj | $165,707 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $165,707 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $165,707 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $401,110 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $401,110 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $165,707 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $435,830 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $287,068 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $285,493 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $629,586 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $185,647 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $1,823,624 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $401,110 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $165,707 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $235,403 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,059,027 | 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 | $435,830 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,623,197 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $287,068 | ExcessFromYear4Amt |
| Excess From Year3 | $285,493 | ExcessFromYear3Amt |
| Excess From Year2 | $629,586 | ExcessFromYear2Amt |
| Excess From Year1 | $185,647 | ExcessFromYear1Amt |
| Excess From Current Year | $235,403 | ExcessFromCurrentYearAmt |
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 |
|---|---|---|---|---|---|---|
| KELLMAN CORPORATE COMMUNITY SCHOOLS OF AMERICA | ||||||
| 751 S SACRAMENTO | CHICAGO | IL | 60612 | PC | GENERAL CHARITABLE PURPOSE | $116,815 |
| MISERICORDIA FOUNDATION | ||||||
| 6300 N RIDGE AVE | CHICAGO | IL | 60660 | PC | GENERAL CHARITABLE PURPOSE | $25,000 |
| NOBLE NETWORK OF CHARTER SCHOOLS | ||||||
| 1 N STATE | CHICAGO | IL | 60602 | PC | GENERAL OPERATIONS | $10,000 |
| BOXING OUT NEGATIVITY | ||||||
| 1700 E 56TH STREET | CHICAGO | IL | 60638 | PC | GENERAL CHARITABLE PURPOSE | $6,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $157,815 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $26,528 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $333,185 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $359,713 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $359,713 | 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 | FRIENDS OF THE CHILDREN CHICAGO | BusinessNameLine1Txt |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1512 S PULASKI ROAD | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60623 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $78,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING | CategoryTxt |
| Amt | $6,052 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Depreciation Schedule DepreciationSchedule
Depreciation Property DepreciationPropertyGrp (22 entries)
| PropertyPropertyDesc | AcquiredAcquiredDt | Cost Or Other BasisCostOrOtherBasisAmt | Prior Year DepreciationPriorYearDepreciationAmt | Computation MethodComputationMethodTxt | LifeLifeRt | Current Year ExpenseCurrentYearExpenseAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|---|---|---|---|
| CUMULATIVE CONSTRUCTION COSTS | 2008-01-01 | $8,363,082 | $3,437,069 | SL | 39.000000000000 | $214,438 | $0 |
| WOOD FLOORS | 2008-01-01 | $6,405 | $2,622 | SL | 39.000000000000 | $164 | $0 |
| DRAW #23 | 2008-01-01 | $2,352,371 | $962,132 | SL | 39.000000000000 | $60,317 | $0 |
| SHABAZZ GC | 2008-01-01 | $16,195 | $6,614 | SL | 39.000000000000 | $415 | $0 |
| GLASS WINDOWS | 2008-01-01 | $6,994 | $2,851 | SL | 39.000000000000 | $179 | $0 |
| FCL BUILDERS | 2008-01-01 | $68,005 | $27,729 | SL | 39.000000000000 | $1,744 | $0 |
| FCL BUILDERS | 2008-01-01 | $77,565 | $31,558 | SL | 39.000000000000 | $1,989 | $0 |
| 1532 PULASKI | 2011-01-01 | $53,190 | $17,524 | SL | 39.000000000000 | $1,364 | $0 |
| 1532 BUILDOUT | 2012-01-01 | $31,978 | $9,664 | SL | 39.000000000000 | $820 | $0 |
| 1532 BUILDOUT | 2012-04-30 | $164,136 | $48,490 | SL | 39.000000000000 | $4,209 | $0 |
| COMPUTERS | 2008-01-01 | $4,750 | $4,750 | SL | 5.000000000000 | $0 | $0 |
| BLINDS | 2008-01-01 | $9,000 | $9,000 | SL | 7.000000000000 | $0 | $0 |
| WIRELESS NETWORK | 2008-01-01 | $26,985 | $26,985 | SL | 5.000000000000 | $0 | $0 |
| FURNITURE | 2008-01-01 | $10,531 | $10,531 | SL | 7.000000000000 | $0 | $0 |
| OFFICE EQUIPMENT | 2008-03-19 | $1,497 | $1,497 | SL | 7.000000000000 | $0 | $0 |
| SIGN | 2008-05-28 | $3,817 | $3,817 | SL | 7.000000000000 | $0 | $0 |
| FURNITURE | 2008-12-05 | $6,040 | $6,040 | SL | 7.000000000000 | $0 | $0 |
| APPLE COMPUTERS | 2007-09-14 | $157,441 | $157,441 | SL | 5.000000000000 | $0 | $0 |
| FURNITURE | 2009-01-26 | $3,339 | $3,339 | SL | 7.000000000000 | $0 | $0 |
| APPLE EQUIPMENT | 2009-03-11 | $3,419 | $3,419 | SL | 5.000000000000 | $0 | $0 |
| APPLE COMPUTERS | 2016-07-01 | $18,725 | $18,725 | SL | 5.000000000000 | $0 | $0 |
| LAND | 2008-01-01 | $341,041 | L | $0 | $0 |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category Or Item | MANAGED ACCOUNTS | CategoryOrItemTxt |
| Listed At Cost Or FMV | AT COST | ListedAtCostOrFMVCd |
| Book Value | $2,123,233 | BookValueAmt |
| EOYFMV | $2,388,353 | EOYFMVAmt |
Land Etc Schedule2 LandEtcSchedule2
Land Etc LandEtcGrp (22 entries)
| Category Or ItemCategoryOrItemTxt | Cost Or Other BasisCostOrOtherBasisAmt | Accumulated DepreciationAccumulatedDepreciationAmt | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|---|
| CUMULATIVE CONSTRUCTION COSTS | $8,363,082 | $3,651,507 | $4,711,575 | $4,711,575 |
| WOOD FLOORS | $6,405 | $2,786 | $3,619 | $3,619 |
| DRAW #23 | $2,352,371 | $1,022,449 | $1,329,922 | $1,329,922 |
| SHABAZZ GC | $16,195 | $7,029 | $9,166 | $9,166 |
| GLASS WINDOWS | $6,994 | $3,030 | $3,964 | $3,964 |
| FCL BUILDERS | $68,005 | $29,473 | $38,532 | $38,532 |
| FCL BUILDERS | $77,565 | $33,547 | $44,018 | $44,018 |
| 1532 PULASKI | $53,190 | $18,888 | $34,302 | $34,302 |
| 1532 BUILDOUT | $31,978 | $10,484 | $21,494 | $21,494 |
| 1532 BUILDOUT | $164,136 | $52,699 | $111,437 | $111,437 |
| COMPUTERS | $4,750 | $4,750 | $0 | $0 |
| BLINDS | $9,000 | $9,000 | $0 | $0 |
| WIRELESS NETWORK | $26,985 | $26,985 | $0 | $0 |
| FURNITURE | $10,531 | $10,531 | $0 | $0 |
| OFFICE EQUIPMENT | $1,497 | $1,497 | $0 | $0 |
| SIGN | $3,817 | $3,817 | $0 | $0 |
| FURNITURE | $6,040 | $6,040 | $0 | $0 |
| APPLE COMPUTERS | $157,441 | $157,441 | $0 | $0 |
| FURNITURE | $3,339 | $3,339 | $0 | $0 |
| APPLE EQUIPMENT | $3,419 | $3,419 | $0 | $0 |
| APPLE COMPUTERS | $18,725 | $18,725 | $0 | $0 |
| LAND | $341,041 | $0 | $341,041 | $341,041 |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | LEGAL | CategoryTxt |
| Legal Fees | $11,793 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (7 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| UTILITIES | $101,911 | $0 | $101,911 |
| INSURANCE | $31,128 | $0 | $0 |
| OFFICE EXPENSE | $1,888 | $0 | $1,888 |
| BANK CHARGES | $652 | $652 | $0 |
| SECURITY | $850 | $0 | $850 |
| MAINTENANCE | $63,646 | $0 | $63,646 |
| POSTAGE & SHIPPING | $1,368 | $0 | $0 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | $8,068 | $8,068 | $0 |
| CONSULTANTS | $24,000 | $0 | $0 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | FEDERAL TAXES | CategoryTxt |
| Amt | $2,515 | Amt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |