GATES CHARITABLE TR: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- GATES CHARITABLE TR (EIN 36-7193328)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-10
- IRS object ID
- 201613159349100631
- Schema version
- 2015v2.1
- 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
- Accounting Fees Schedule
- Investments Corp Stock Schedule
- Investments Other Schedule2
- Other Expenses Schedule
- Other Income Schedule2
- Other Liabilities Schedule
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-10T11:38:32-06:00 | ReturnTs |
| Tax Period End | 2015-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 381357951 | 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 | 2015-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 367193328 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOHN & WEEZIE GATES CHARITABLE TRUST | BusinessNameLine1Txt |
| Business Name Line2 | C/O JOHN GATES JR | BusinessNameLine2Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | JOHN | BusinessNameControlTxt |
| Phone | 3125781600 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 N MICHIGAN AVENUE No 333 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN S GATES JR | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3125781600 | PhoneNum |
| Signature | 2016-11-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Brian Carter | PreparerPersonNm |
| PTIN | P00369660 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2016-11-09 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2015 | 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 | $4,785,760 | FMVAssetsEOYAmt |
| Method Of Accounting Cash | Yes (X) | MethodOfAccountingCashInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Schedule B Not Required | Yes (X) | ScheduleBNotRequiredInd |
| Dividends Rev And Expnss | $96,731 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $95,704 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $370,586 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $4,239,476 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $370,586 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $22,405 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $22,405 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $489,722 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $488,695 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Comp Ofcr Dir Trst Net Invst Incm | $0 | CompOfcrDirTrstNetInvstIncmAmt |
| Comp Ofcr Dir Trst Dsbrs Chrtbl | $0 | CompOfcrDirTrstDsbrsChrtblAmt |
| Accounting Fees Rev And Expnss | $22,772 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Net Invst Incm | $22,772 | AccountingFeesNetInvstIncmAmt |
| Accounting Fees Chrtbl Prps | $0 | AccountingFeesChrtblPrpsAmt |
| Other Prof Fees Rev And Expnss | $1,038 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $1,038 | OtherProfFeesNetInvstIncmAmt |
| Other Prof Fees Dsbrs Chrtbl | $0 | OtherProfFeesDsbrsChrtblAmt |
| Interest Rev And Expnss | $9,843 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $9,843 | InterestNetInvstIncmAmt |
| Interest Dsbrs Chrtbl | $0 | InterestDsbrsChrtblAmt |
| Taxes Rev And Expnss | $1,583 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $1,583 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Trav Conf Meeting Rev And Expnss | $13,601 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Net Invst Incm | $0 | TravConfMeetingNetInvstIncmAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $11,515 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $410,314 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $10,500 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $459,151 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $45,736 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $11,515 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $478,700 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $478,700 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $937,851 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $45,736 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $490,215 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$448,129 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $442,959 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $248,279 | CashBOYAmt |
| Cash EOY | $75,468 | CashEOYAmt |
| Cash EOYFMV | $75,468 | CashEOYFMVAmt |
| Corporate Stock BOY | $685,715 | CorporateStockBOYAmt |
| Corporate Stock EOY | $702,065 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $467,125 | CorporateStockEOYFMVAmt |
| Other Investments BOY | $4,353,412 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $3,470,244 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,243,167 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $5,287,406 | TotalAssetsBOYAmt |
| Total Assets EOY | $4,247,777 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $4,785,760 | TotalAssetsEOYFMVAmt |
| Other Liabilities BOY | $901,500 | OtherLiabilitiesBOYAmt |
| Other Liabilities EOY | $310,000 | OtherLiabilitiesEOYAmt |
| Total Liabilities BOY | $901,500 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $310,000 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| 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 | $4,385,906 | RetainedEarningBOYAmt |
| Retained Earning EOY | $3,937,777 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $4,385,906 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $3,937,777 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $5,287,406 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $4,247,777 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $4,385,906 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$448,129 | ExcessRevenueOverExpensesAmt |
| Other Increases | $0 | OtherIncreasesAmt |
| Subtotal | $3,937,777 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $3,937,777 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (14 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| JP MORGAN #5006 | P | 2014-12-19 | 2015-03-09 | $2,610 | $2,610 | $0 | $0 |
| jP MORGAN #5006 | P | 2015-03-09 | $99,902 | $102,814 | -$2,912 | -$2,912 | |
| jP MORGAN #5006 | P | 2011-04-13 | 2015-03-09 | $144,920 | $159,194 | -$14,274 | -$14,274 |
| JP MORGAN #6008 | P | 2013-11-18 | 2015-03-09 | $144,966 | $149,865 | -$4,899 | -$4,899 |
| JP MORGAN #1000 | P | 2015-03-17 | $7,188 | $6,364 | $824 | $824 | |
| JP MORGAN #1000 | P | 2015-12-31 | $66,360 | $60,723 | $5,637 | $5,637 | |
| JP MORGAN #7007 | P | 2015-04-23 | $868,683 | $901,201 | -$32,518 | -$32,518 | |
| JP MORGAN #7007 | P | 2015-04-23 | $1,721,198 | $1,336,796 | $384,402 | $384,402 | |
| JP MORGAN #7007 | P | 2015-03-09 | $1,145,450 | $1,149,323 | -$3,873 | -$3,873 | |
| JP MORGAN #7007 | P | 2015-02-19 | $7,175 | $7,175 | $7,175 | ||
| VARDEN PACIFIC OPPORTUNITY PARTNERS I LP | P | 2015-12-31 | $12 | $12 | $12 | ||
| VARDEN PACIFIC OPPORTUNITY PARTNERS I LP | P | 2015-12-31 | $16,379 | $16,379 | $16,379 | ||
| WACHOVIA CORP. - SETTLEMENT PROCEEDS | P | 2015-04-30 | $5,403 | $5,403 | $5,403 | ||
| Capital Gains Dividends | P | $9,230 | $9,230 | $9,230 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $370,586 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $260,568 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $6,468,467 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.040283 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $735,366 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $6,687,505 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.109961 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $999,888 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $6,248,651 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.160017 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $720,338 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $6,631,307 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.108627 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $572,625 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $6,027,354 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.095004 | DistributionYr5Rt |
| Total Distribution | 0.513892 | TotalDistributionRt |
| Average Distribution | 0.102778 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $4,718,402 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $484,948 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $4,430 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $489,378 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $490,215 | 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 | $4,430 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $4,430 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $4,430 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $6,256 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $6,256 | TotalPaymentsAndCreditsAmt |
| Overpayment | $1,826 | OverpaymentAmt |
| Applied To ES Tax | $1,826 | 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 |
| Individual With Books | JOHN GATES JR | IndividualWithBooksNm |
| Phone | 3125781600 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 N MICHIGAN AVENUE SUITE 333 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | 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 | 0 | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | 0 | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | 0 | PaymentToGovernmentOfficialInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOHN S GATES JR | PersonNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 410 N MICHIGAN AVEENUE SUITE 333 | AddressLine1Txt |
| City | CHCIAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60611 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Title | TRUSTEE | TitleTxt |
| Average Hrs Per Wk Devoted To Pos | 2.00 | AverageHrsPerWkDevotedToPosRt |
| Compensation | $0 | CompensationAmt |
| Employee Benefit Program | $0 | EmployeeBenefitProgramAmt |
| Expense Account Other Allwnc | $0 | ExpenseAccountOtherAllwncAmt |
| 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 | $2,431,728 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $183,278 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $2,175,250 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $4,790,256 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $4,790,256 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $71,854 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $4,718,402 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $235,920 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $235,920 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $4,430 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $4,430 | TotalTaxAmt |
| Distributable Before Adj | $231,490 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $231,490 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $231,490 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $490,215 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $490,215 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $4,430 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $485,785 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $231,490 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr5 | $273,323 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr4 | $402,945 | ExcessDistributionCyovYr4Amt |
| Excess Distribution Cyov Yr3 | $690,049 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $403,792 | ExcessDistributionCyovYr2Amt |
| Total Excess Distribution Cyov | $1,770,109 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $490,215 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $231,490 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $258,725 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $2,028,834 | 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 | $273,323 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,755,511 | ExcessDistriCyovToNextYrAmt |
| Excess From Year4 | $402,945 | ExcessFromYear4Amt |
| Excess From Year3 | $690,049 | ExcessFromYear3Amt |
| Excess From Year2 | $403,792 | ExcessFromYear2Amt |
| Excess From Current Year | $258,725 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOHN S GATES JR | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (37 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient RelationshipRecipientRelationshipTxt | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|---|
| AMERICAN ENTERPRISE INSTITUTE | |||||||
| 1150 17TH ST | NW | DC | 20036 | N/A | PUBLIC CHARITY | GENERAL FUND | $10,000 |
| ALEX P SHARPE SCHOLARSHIP FUND | |||||||
| 3330 KING STREET | ALEXARDRIA | VA | 22302 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,400 |
| AUSL | |||||||
| 3400 NORTH AUSTIN | CHICAGO | IL | 60634 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| BOYS AND GIRLS CLUB OF MARTIN COUNTY | |||||||
| 11500 SE LARES AVE | HOBE SOUND | FL | 33475 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| CHICAGO CITY DAY SCHOOL ANNUAL FUND | |||||||
| 541 W HAWTHORNE PLACE | CHICAGO | IL | 60657 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| CHICAGO COMMUNITY FOUNDAION | |||||||
| 140 S DEARBORN STREET | CHICAGO | IL | 60603 | N/A | PUBLIC CHARITY | GENERAL FUND | $500 |
| CHICAGO INTERNATIONAL CHARTER SCHOOL | |||||||
| 541 W HAWTHORNE PLACE | CHICAGO | IL | 60657 | N/A | PUBLIC CHARITY | GENERAL FUND | $2,000 |
| CHILDRENS MEMORIAL HOSPITAL | |||||||
| 225 EAST CHICAGO AVE BOX 4 | CHICAGO | IL | 60611 | N/A | PUBLIC CHARITY | GENERAL FUND | $2,100 |
| CHILDRENS MEMORIAL HOSPITAL | |||||||
| 225 EAST CHICAGO AVE BOX 4 | CHICAGO | IL | 60657 | N/A | PUBLIC CHARITY | GENERAL FUND | $11,600 |
| DUNE ACRES CIVIL IMPROVEMENTS FOUNDATION | |||||||
| 1 EAST ROAD | DUNE ACRES | IN | 46304 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| DUNE ACRES TOWN EMPLOYEES | |||||||
| 1 EAST ROAD | DUNE ACRES | IN | 46304 | N/A | PUBLIC CHARITY | GENERAL FUND | $500 |
| EAGLEBROOK SCHOOL | |||||||
| 271 PINE NOOK ROAD PO BOX 7 | DEERFIELD | MA | 01342 | N/A | PUBLIC CHARITY | GENERAL FUND | $100,000 |
| EAGLEBROOK SCHOOL | |||||||
| 271 PINE NOOK ROAD PO BOX 7 | DEERFIELD | MA | 01342 | N/A | PUBLIC CHARITY | GENERAL FUND | $100,000 |
| EAGLEBROOK SCHOOL | |||||||
| 271 PINE NOOK ROAD PO BOX 7 | DEERFIELD | MA | 01342 | N/A | PUBLIC CHARITY | GENERAL FUND | $10,000 |
| FRANK LENTZ FOUNDATION | |||||||
| 8044 KARLOV AVENUE | SKOKIE | IL | 60076 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| GARFIELD PARK CONSERVATORY ALLIANCE | |||||||
| 300 N CENTRAL PARK AVE | CHICAGO | IL | 60624 | N/A | PUBLIC CHARITY | GENERAL FUND | $2,500 |
| GROTON SCHOOL ANNUAL FUND | |||||||
| PO BOX 991 | GROTON | MA | 014500991 | N/A | PUBLIC CHARITY | GENERAL FUND | $15,000 |
| HARRIS SCHOOL ANNUAL FUND | |||||||
| 1155 EAST 60TH STREET | CHICAGO | IL | 60637 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| HOpE SOUND COMMUNITY CHEST INC | |||||||
| 11450 SE DIXIE HWY | HOBE SOUND | FL | 33455 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| INVEST FOR KIDS INC | |||||||
| 875 NORTH MICHIGAN STE 3400 | chICAGO | IL | 60611 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| JUPITER ISLAND CLINIC INC | |||||||
| 100 ESTRADA SQ | HOBE SOUND | FL | 33455 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| KIPP CHICAGO SCHOOLS | |||||||
| 2007 S HALSTED | CHICAGO | IL | 60608 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| METROPOLITAN PLANNING COUNCIL | |||||||
| 140 SOUTH DEARBORN STREET | CHICAGO | IL | 60637 | N/A | PUBLIC CHARITY | GENERAL FUND | $20,000 |
| MILL REEF CLUB FUND | |||||||
| C/O JP MORGAN CHASE PO BOX 715303 | COLUMBUS | OH | 43271 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| NORTHWESTERN UNIVERSITY LIBRARY FUND | |||||||
| 2020 RIDGE AVENUE | EVANSTON | IL | 60208 | N/A | PUBLIC CHARITY | GENERAL FUND | $1,000 |
| OUNCE OF PREVENTION FUND | |||||||
| 33 W MONROE ST 2400 | CHICAGO | IL | 60603 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| REHABILITATION INSTITUTE OF CHICAGO | |||||||
| 345 E SUPERIOR STREET | CHICAGO | IL | 60611 | N/A | PUBLIC CHARITY | GENERAL FUND | $4,500 |
| RONALD MCDONALD HOUSE | |||||||
| 1301 W 22ND STREET SUITE 905 | OAK BROOK | IL | 60523 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| SALISBURY SCHOOL ANNUAL FUND | |||||||
| 251 CANAAN RD | SALISBURY | CT | 06068 | N/A | PUBLIC CHARITY | GENERAL FUND | $25,000 |
| ST CHRYSOSTOMS CHURCH | |||||||
| 1424 NORTH DEARBORN PARKWAY | CHICAGO | IL | 60610 | N/A | PUBLIC CHARITY | GENERAL FUND | $20,200 |
| THE CHICAGO LIGHTHOUSE | |||||||
| 1850 ROOSEVELT RD | CHICAGO | IL | 60608 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| THE WOMENS BOARD OF NORTHWESTERN MEMORIAL HOSPITAL | |||||||
| 541 NORTH FAIRBANKS COURT STE 800 | CHICAGO | IL | 60611 | N/A | PUBLIC CHARITY | GENERAL FUND | $5,000 |
| TRINITY | |||||||
| 300 SUMMIT STREET | HARTFORD | CT | 06106 | N/A | PUBLIC CHARITY | GENERAL FUND | $75,000 |
| TRINITY | |||||||
| 300 SUMMIT STREET | HARTFORD | CT | 06106 | N/A | PUBLIC CHARITY | GENERAL FUND | $10,000 |
| ULI FOUNDATION | |||||||
| 1700 W IRVING PARK ROAD STE 208 | CHICAGO | IL | 60613 | N/A | PUBLIC CHARITY | GENERAL FUND | $16,500 |
| UNIVERSITY LIGGETT SCHOOL ANNUAL FUND | |||||||
| 1045 COOK ROAD | GROSSE POINTE WOODS | MI | 48236 | N/A | pUBLIC CHARITY | GENERAL FUND | $500 |
| YOUTH GUIDANCE | |||||||
| 1 N LASALLE STREET STE 900 | CHICAGO | IL | 60602 | N/A | PUBLIC CHARITY | GENERAL FUND | $3,400 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $478,700 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $96,731 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $22,405 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $370,586 | ExclusionAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $0 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $489,722 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $489,722 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | ACCOUNTING FEES | CategoryTxt |
| Amt | $22,772 | Amt |
| Net Investment Income | $22,772 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | DCT INDUSTRIALS | StockNm |
| EOY Book Value | $702,065 | EOYBookValueAmt |
| EOYFMV | $467,125 | EOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (5 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| JP MORGAN | AT COST | $2,831,831 | $3,345,761 |
| ELLIOTT INTERNATIONAL | AT COST | $400,000 | $623,549 |
| WHITEBOX MULTI-STRATEGY FUND | AT COST | $221,068 | $273,369 |
| WHIPPOORWILL | AT COST | $17,345 | $488 |
| VARDEN PACIFIC OPPORTUNITY | AT COST | $0 | $0 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| other - office | $4,820 | $0 | $0 |
| OTHER EXPENSE | $394,994 | $0 | $0 |
| ELLIOT REDEMPTION | $10,500 | $10,500 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| JPM #7007 | $5,307 | $5,307 | $5,307 |
| VARDEN PACIFIC OPPORTUNITY PARTNERS I LP | $17,097 | $17,097 | $17,097 |
| JPM #3006 | $1 | $1 | $1 |
Other Liabilities Schedule OtherLiabilitiesSchedule
Other Liabilities Detail OtherLiabilitiesDetail (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt |
|---|---|---|
| LINE OF CREDIT - BANK OF AMERICA | $901,500 | $0 |
| FUTURE PLEDGES | $0 | $310,000 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | MANAGEMENT FEES | CategoryTxt |
| Amt | $1,038 | Amt |
| Net Investment Income | $1,038 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| PRIOR YEAR IL TAX PAID | $15 | $15 | $0 |
| FOREIGN TAXES ON JPM ACCOUNTS | $1,568 | $1,568 | $0 |