LAVIN FAMILY FOUNDATION: Form 990PF, tax year 2015
View the entire original 990 at ProPublica ↗
- Organization
- LAVIN FAMILY FOUNDATION (EIN 36-6106074)
- Tax period
- 2015-01-01 to 2015-12-31
- Filed
- 2016-11-15
- IRS object ID
- 201643209349102099
- 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
- All Oth Prog Rltd Investments Sch
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Legal Fees Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Increases Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2016-11-15T13:29:28-06:00 | 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 | 366106074 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LAVIN FAMILY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | LAVI | BusinessNameControlTxt |
| Phone | 3124777603 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | LEONARD H LAVIN | PersonNm |
| Person Title | VICE PRESIDENT | PersonTitleTxt |
| Phone | 3124777603 | PhoneNum |
| Signature | 2016-11-15 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | John F Barsella | PreparerPersonNm |
| PTIN | P00083925 | PTIN |
| Phone | 3122071040 | PhoneNum |
| Preparation | 2016-11-15 | 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) |
|---|---|---|
| Address Change | Yes (X) | AddressChangeInd |
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $65,727,749 | 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 |
| Interest On Sav Rev And Expnss | $800 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $800 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $1,094,564 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $1,104,110 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $2,168,228 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $22,518,160 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $2,168,228 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $104,300 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $100,572 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,367,892 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $3,373,710 | 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 |
| Legal Fees Rev And Expnss | $3,476 | LegalFeesRevAndExpnssAmt |
| Legal Fees Net Invst Incm | $0 | LegalFeesNetInvstIncmAmt |
| Legal Fees Dsbrs Chrtbl | $0 | LegalFeesDsbrsChrtblAmt |
| Taxes Rev And Expnss | $37,346 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $32,498 | TaxesNetInvstIncmAmt |
| Taxes Dsbrs Chrtbl | $0 | TaxesDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $1,229,851 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $415,431 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $0 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $1,270,673 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $447,929 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $4,419,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $4,419,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $5,689,673 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $447,929 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $4,419,000 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$2,321,781 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,925,781 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $1,464,351 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $2,568,348 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $2,568,348 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $45,293,588 | CorporateStockBOYAmt |
| Corporate Stock EOY | $38,969,490 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $43,872,463 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $16,500,000 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $19,790,196 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $19,286,938 | CorporateBondsEOYFMVAmt |
| Total Assets BOY | $63,257,939 | TotalAssetsBOYAmt |
| Total Assets EOY | $61,328,034 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $65,727,749 | TotalAssetsEOYFMVAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Capital Stock BOY | $63,257,939 | CapitalStockBOYAmt |
| Capital Stock EOY | $61,328,034 | CapitalStockEOYAmt |
| Additional Paid In Capital BOY | $0 | AdditionalPaidInCapitalBOYAmt |
| Additional Paid In Capital EOY | $0 | AdditionalPaidInCapitalEOYAmt |
| Retained Earning BOY | $0 | RetainedEarningBOYAmt |
| Retained Earning EOY | $0 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $63,257,939 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $61,328,034 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $63,257,939 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $61,328,034 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $63,257,939 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$2,321,781 | ExcessRevenueOverExpensesAmt |
| Other Increases | $391,876 | OtherIncreasesAmt |
| Subtotal | $61,328,034 | SubtotalAmt |
| Other Decreases | $0 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $61,328,034 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|
| merrill lynch | P | 2014-01-01 | 2015-12-31 | $22,494,794 | $20,349,932 | $2,144,862 | $2,144,862 |
| Capital Gains Dividends | P | $23,366 | $23,366 | $23,366 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $2,168,228 | CapitalGainNetIncomeAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | 0 | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $4,257,577 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $66,476,458 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.064046 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $4,096,198 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $66,581,066 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.061522 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,922,012 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $67,351,876 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.043384 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $2,591,500 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $65,883,457 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.039335 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $4,011,031 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $58,529,230 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.068530 | DistributionYr5Rt |
| Total Distribution | 0.276817 | TotalDistributionRt |
| Average Distribution | 0.055363 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $68,772,600 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $3,807,457 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $29,258 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $3,836,715 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $4,419,000 | 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 | $29,258 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $29,258 | SubtotalAmt |
| Subtitle A Tax | $0 | SubtitleATaxAmt |
| Tax Based On Investment Income | $29,258 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $18,511 | EstimatedPlusOvpmtIncmTxAmt |
| Applied To Es Tax | $55,000 | AppliedToEsTaxAmt |
| Total Payments And Credits | $73,511 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $44,253 | OverpaymentAmt |
| Applied To ES Tax | $44,253 | 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 | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| 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 | TOM EBERHARDT | IndividualWithBooksNm |
| Phone | 3124777603 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | 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 (2 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 |
|---|---|---|---|---|---|---|---|---|
| LEONARD H LAVIN | ||||||||
| 155 n wacker drive ste 1680 | CHICAGO | IL | 60606 | PRESIDENT | 0.50 | $0 | $0 | $0 |
| CAROL L BERNICK | ||||||||
| 155 n wacker drive ste 1680 | CHICAGO | IL | 60606 | VICE PRESIDENT | 0.50 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MERRILL LYNCH | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1500 MERRILL LYNCH DRIVE | AddressLine1Txt |
| City | PENNINGTON | CityNm |
| State Abbreviation | NJ | StateAbbreviationCd |
| ZIP | 08534 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | ADVISORY FEES | ServiceTypeTxt |
| Compensation | $415,386 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Sum Of Program Related Invst SumOfProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| All Other Program Rltd Invst Tot | $0 | AllOtherProgramRltdInvstTotAmt |
| Total | $0 | TotalAmt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $65,325,254 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $4,494,644 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $69,819,898 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $69,819,898 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $1,047,298 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $68,772,600 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $3,438,630 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $3,438,630 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $29,258 | TaxBasedOnInvestmentIncomeAmt |
| Income Tax | $409 | IncomeTaxAmt |
| Total Tax | $29,667 | TotalTaxAmt |
| Distributable Before Adj | $3,408,963 | DistributableBeforeAdjAmt |
| Recoveries Qualfied Distri | $0 | RecoveriesQualfiedDistriAmt |
| Distributable Before Ded | $3,408,963 | DistributableBeforeDedAmt |
| Deduction From Distributable | $0 | DeductionFromDistributableAmt |
| Distributable As Adjusted | $3,408,963 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $4,419,000 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Qualifying Distributions | $4,419,000 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $29,258 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $4,389,742 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $3,408,963 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $0 | UndistributedIncomePYAmt |
| Total For Prior Years | $0 | TotalForPriorYearsAmt |
| Excess Distribution Cyov Yr1 | $713,112 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $713,112 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $4,419,000 | QualifyingDistributionsAmt |
| Applied To Year1 | $0 | AppliedToYear1Amt |
| Applied To Prior Years | $0 | AppliedToPriorYearsAmt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $3,408,963 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $1,010,037 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $1,723,149 | 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 | $0 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $1,723,149 | ExcessDistriCyovToNextYrAmt |
| Excess From Year1 | $713,112 | ExcessFromYear1Amt |
| Excess From Current Year | $1,010,037 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | LEONARD H LAVIN | ContributingManagerNm |
Application Submission Info ApplicationSubmissionInfoGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | LEONARD H LAVIN | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 155 N WACKER DRIVE STE 1680 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60606 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Phone | 3124777603 | RecipientPhoneNum |
| Form And Info And Materials | there is no special form. a letter requesting a donation is acceptable | FormAndInfoAndMaterialsTxt |
| Submission Deadlines | NO SUBMISSION DEADLINES | SubmissionDeadlinesTxt |
| Restrictions On Awards | NO RESTRICTIONS OR LIMITATIONS | RestrictionsOnAwardsTxt |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (76 entries)
| Address Line1RecipientUSAddress/AddressLine1Txt | CityRecipientUSAddress/CityNm | State AbbreviationRecipientUSAddress/StateAbbreviationCd | ZIPRecipientUSAddress/ZIPCd | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| After School Matters | ||||||
| 66 E Randolph St | Chicago | IL | 60601 | PC | GENERAL FUND | $10,000 |
| American Diabetes Association | ||||||
| 55 E Monroe St Suite 3420 | Chicago | IL | 60603 | PC | GENERAL FUND | $5,000 |
| American Red Cross | ||||||
| 2200 West Harrison | Chicago | IL | 60612 | PC | GENERAL FUND | $50,000 |
| American Red Cross Of Northern Colorado | ||||||
| 120 Saturn Dr | Ft Collins | CO | 80525 | PC | GENERAL FUND | $30,000 |
| Art Institute Of Chicago | ||||||
| 111 S Michigan Avenue | Chicago | IL | 60603 | PC | GENERAL FUND | $25,000 |
| Bear Necessities Pediatric Cancer Foundation | ||||||
| 55 W Wacker Dr Suite 1100 | Chicago | IL | 60601 | PC | GENERAL FUND | $5,000 |
| Bear Necessities Pediatric Cancer Foundation | ||||||
| 55 W Wacker Dr Suite 1100 | Chicago | IL | 60601 | PC | GENERAL FUND | $5,000 |
| Better Government Association | ||||||
| 205 W Wacker Dr Suite 1400 | Chicago | IL | 60606 | PC | GENERAL FUND | $10,000 |
| Boys & Girls Club Of Chicago | ||||||
| 550 W Van Buren Street Suite 350 | Chicago | IL | 60607 | PC | GENERAL FUND | $5,000 |
| Boys & Girls Club Of Chicago | ||||||
| 550 W Van Buren Street Suite 350 | Chicago | IL | 60607 | PC | GENERAL FUND | $90,000 |
| Boys & Girls Club Of Chicago | ||||||
| 550 W Van Buren Street Suite 350 | Chicago | IL | 60607 | PC | GENERAL FUND | $50,000 |
| Boys Hope Girls Hope Of Illinois | ||||||
| 1100 N Laramie Ave | Wilmette | IL | 60091 | PC | GENERAL FUND | $5,000 |
| Brain Research Foundation | ||||||
| 111 W Washington St Suite 1710 | Chicago | IL | 60602 | PC | GENERAL FUND | $5,000 |
| Chicago Botanic Garden | ||||||
| 1000 Lake Cook Road | Glencoe | IL | 60022 | PC | GENERAL FUND | $100,000 |
| Chicagoland Chamber Of Commerce | ||||||
| 200 E Randolph St Suite 220 | Chicago | IL | 60601 | PC | GENERAL FUND | $10,000 |
| Children's Oncology Services | ||||||
| 213 W Institute Place | Chicago | IL | 60610 | PC | GENERAL FUND | $10,000 |
| City Year Chicago | ||||||
| 36 S Wabash Ave Suite 1300 | Chicago | IL | 60603 | PC | GENERAL FUND | $5,000 |
| Creativets | ||||||
| 401 Country Club Drive | Addison | IL | 60101 | PC | GENERAL FUND | $5,000 |
| Edwin J Gregson Foundation | ||||||
| 285 W Huntington Dr PO Box 660039 | Arcadia | CA | 910660039 | PC | GENERAL FUND | $10,000 |
| Equestrian Connection NFP | ||||||
| 600 N Bradley Road | Lake Forest | IL | 60045 | PC | GENERAL FUND | $5,000 |
| Farm Aid | ||||||
| 501 Cambridge Street Third Floor | Cambridge | MA | 02141 | PC | GENERAL FUND | $50,000 |
| Florida Gulf Coast University | ||||||
| 10501 Fgcu Blvd S | Fort Myers | FL | 33965 | PC | GENERAL FUND | $15,000 |
| Foodstock | ||||||
| 800 W Glen Flora Ave | Waukegan | IL | 60085 | PC | GENERAL FUND | $1,000 |
| Foundation Fighting Blindness | ||||||
| 7168 Columbia Gateway Drive | Columbia | MD | 210463256 | PC | GENERAL FUND | $30,000 |
| Grayson-Jockey Club Research Foundation | ||||||
| 821 Corporate Drive | Lexington | KY | 405032794 | PC | GENERAL FUND | $2,000 |
| Greater Chicago Food Depository | ||||||
| 4100 West Ann Lurie Place | Chicago | IL | 606323920 | PC | GENERAL FUND | $10,000 |
| Harvard University | ||||||
| 79 John F Kennedy Street | Cambridge | MA | 01238 | PC | GENERAL FUND | $10,000 |
| Hearts & Horses Inc | ||||||
| 163 N County Road 29 | Loveland | CO | 80537 | PC | GENERAL FUND | $10,000 |
| Hephzibah Children's Association | ||||||
| 946 North Blvd | Oak Park | IL | 60301 | PC | GENERAL FUND | $1,000 |
| Jewish Federation Of Metropolitan Chicago | ||||||
| 30 S Wells Street | Chicago | IL | 60606 | PC | GENERAL FUND | $112,500 |
| Junior Achievement Of Chicago | ||||||
| 651 W Washington Blvd | Chicago | IL | 60661 | PC | GENERAL FUND | $7,500 |
| Junior Achievement Of Chicago | ||||||
| 651 W Washington Blvd | Chicago | IL | 60661 | PC | GENERAL FUND | $15,000 |
| Kellogg School Of Management | ||||||
| 2001 Sheridan Rd | Evanston | IL | 60208 | PC | GENERAL FUND | $200,000 |
| Lewis University | ||||||
| One University Parkway | Romeoville | IL | 604462200 | PC | GENERAL FUND | $20,000 |
| Lyric Opera Of Chicago | ||||||
| 20 N Wacker Drive | Chicago | IL | 60606 | PC | GENERAL FUND | $20,000 |
| Lyric Opera Of Chicago | ||||||
| 20 N Wacker Drive | Chicago | IL | 60606 | PC | GENERAL FUND | $25,000 |
| Marine Corps Scholarship Foundation | ||||||
| 909 N Washington Street Ste 400 | Alexandria | VA | 22314 | PC | GENERAL FUND | $15,000 |
| Marwen | ||||||
| 833 N Orleans St | Chicago | IL | 60610 | PC | GENERAL FUND | $4,000 |
| Mercy Home For Boys & Girls | ||||||
| 1140 W Jackson Blvd | Chicago | IL | 60607 | PC | GENERAL FUND | $10,000 |
| Midtown Educational Foundation | ||||||
| 718 S Loomis St | Chicago | IL | 60607 | PC | GENERAL FUND | $50,000 |
| Museum Of Science & Industry | ||||||
| 57th Street and Lake Shore Drive | Chicago | IL | 60637 | PC | GENERAL FUND | $10,000 |
| Museum Of Science & Industry | ||||||
| 57th Street and Lake Shore Drive | Chicago | IL | 60637 | PC | GENERAL FUND | $10,000 |
| Music Institute Of Chicago | ||||||
| 517 Green Bay Raod | Wilmette | IL | 60091 | PC | GENERAL FUND | $5,500 |
| Musicorps RIME | ||||||
| 5001 SW 27th Avenue | Ocala | FL | 34474 | PC | GENERAL FUND | $10,000 |
| Navy SEAL Foundation | ||||||
| PO Box 446 | Batavia | IL | 60150 | PC | GENERAL FUND | $25,000 |
| NE IL Council Boy Scouts | ||||||
| 2745 Skokie Valley Road | Highland Park | IL | 600351042 | PC | GENERAL FUND | $5,000 |
| New Vocations | ||||||
| 3293 Wright Rd | Laura | OH | 45337 | PC | GENERAL FUND | $2,000 |
| Northwestern Memorial Foundation | ||||||
| 251 East Huron Street | Chicago | IL | 60611 | PC | GENERAL FUND | $1,250,000 |
| Plant It 2020 | ||||||
| 9457 S University Blvd PMB 310 | Highlands Ranch | CO | 80126 | PC | GENERAL FUND | $10,000 |
| Providence St Mel School | ||||||
| 119 S Central Park Blvd | Chicago | IL | 60624 | PC | GENERAL FUND | $20,000 |
| Recipe For Change | ||||||
| 1266 N Milwaukee Ave | Chicago | IL | 606229319 | PC | GENERAL FUND | $20,000 |
| Rehabilitation Institute Of Chicago | ||||||
| 345 E Superior Street | Chicago | IL | 60611 | PC | GENERAL FUND | $5,000 |
| Rehabilitation Institute Of Chicago | ||||||
| 345 E Superior Street | Chicago | IL | 60611 | PC | GENERAL FUND | $5,000 |
| Rehabilitation Institute Of Chicago | ||||||
| 345 E Superior Street | Chicago | IL | 60611 | PC | GENERAL FUND | $25,000 |
| Scripps - Cardiology | ||||||
| 9888 Genesee Ave | La Jolla | CA | 92037 | PC | GENERAL FUND | $100,000 |
| Scripps Health Foundation | ||||||
| 9888 Genesee Ave | La Jolla | CA | 92037 | PC | GENERAL FUND | $500,000 |
| Shedd Aquarium | ||||||
| 1200 S Lake Shore Drive | Chicago | IL | 60605 | PC | GENERAL FUND | $10,000 |
| Shedd Aquarium | ||||||
| 1200 S Lake Shore Drive | Chicago | IL | 60605 | PC | GENERAL FUND | $10,000 |
| Standing Tall Charitable Foundation | ||||||
| 1100 North River Road | Des Plaines | IL | 60016 | PC | GENERAL FUND | $15,000 |
| The Campinille Foundation | ||||||
| 5500 Campanile Drive | San Diego | CA | 92182 | PC | GENERAL FUND | $1,000,000 |
| The Chicago Council On Global Affairs | ||||||
| 332 S Michigan Ave Suite 1100 | Chicago | IL | 606044416 | PC | GENERAL FUND | $5,000 |
| The Chicago High School For The Arts | ||||||
| 2714 W Augusta Blvd | Chicago | IL | 60622 | PC | GENERAL FUND | $5,000 |
| The Family Institute | ||||||
| 8 S Michigan Ave Ste 500 | Chicago | IL | 60603 | PC | GENERAL FUND | $10,000 |
| The Field Museum | ||||||
| 1400 S Lake Shore Drive | Chicago | IL | 60605 | PC | GENERAL FUND | $10,000 |
| The Field Museum | ||||||
| 1400 S Lake Shore Drive | Chicago | IL | 60605 | PC | GENERAL FUND | $10,000 |
| The Lincoln Academy Of Illinois | ||||||
| One Old State Capital Plaza | Springfield | IL | 62701 | PC | GENERAL FUND | $5,000 |
| The Salvation Army | ||||||
| 5400 N Pulaski Road | Chicago | IL | 60630 | PC | GENERAL FUND | $500 |
| Thoroughbred Aftercare Alliance Foundation | ||||||
| 821 Corporate Drive | Lexington | KY | 40503 | PC | GENERAL FUND | $50,000 |
| Trinity Catholic | ||||||
| 2600 S W 42nd Street | Ocala | FL | 34471 | PC | GENERAL FUND | $100,000 |
| Tulane University | ||||||
| 6823 St Charles Avenue | New Orleans | LA | 70118 | PC | GENERAL FUND | $100,000 |
| US Fund For UNICEF | ||||||
| 500 N Michigan Ave Suite 1000 | Chicago | IL | 60611 | PC | GENERAL FUND | $10,000 |
| US Navy Memorial | ||||||
| 701 Pennsylvania Ave NW | Washington | DC | 20004 | PC | GENERAL FUND | $5,500 |
| USO Of Illinois | ||||||
| 10000 West Ohare Avenue | Chicago | IL | 60666 | PC | GENERAL FUND | $10,000 |
| WTTW11 | ||||||
| 5400 N St Louis Ave | Chicago | IL | 60625 | PC | GENERAL FUND | $5,000 |
| WTTW11 | ||||||
| 5400 N St Louis Ave | Chicago | IL | 60625 | PC | GENERAL FUND | $2,500 |
| YWCA Metropolitan Chicago | ||||||
| 1 N LaSalle St Suite 1150 | Chicago | IL | 60602 | PC | GENERAL FUND | $5,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $4,419,000 | TotalGrantOrContriPdDurYrAmt |
| Total Grant Or Contri Apprv Fut | $0 | TotalGrantOrContriApprvFutAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $800 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $1,094,564 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 15 | ExclusionCd |
| Exclusion | $100,572 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $2,168,228 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | From K-1 - Canyon Value Realization Fund | Desc |
| Business | 900099 | BusinessCd |
| Unrelated Business Taxbl Incm | $3,728 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $3,728 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $3,364,164 | ExclusionAmt |
| Related Or Exempt Function Incm | $0 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $3,367,892 | 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 |
All Oth Prog Rltd Investments Sch AllOthProgRltdInvestmentsSch
All Other Program Related Invst AllOtherProgramRelatedInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | none | Desc |
| Amt | $0 | Amt |
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MERRILL LYNCH | BondNm |
| EOY Book Value | $19,790,196 | EOYBookValueAmt |
| EOYFMV | $19,286,938 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Stock | MERRILL LYNCH | StockNm |
| EOY Book Value | $38,969,490 | EOYBookValueAmt |
| EOYFMV | $43,872,463 | EOYFMVAmt |
Legal Fees Schedule LegalFeesSchedule
Legal Fees LegalFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | professional fees | CategoryTxt |
| Legal Fees | $3,476 | LegalFeesAmt |
| Net Investment Income | $0 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| investment mgmt fees | $526,115 | $415,431 | $0 |
| FROM K-1 - OTHER LOSSES | $703,736 | $0 | $0 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Adjusted Net IncomeAdjustedNetIncomeAmt |
|---|---|---|---|
| From K-1 - Canyon Value Realization Fund | $55,917 | $55,917 | $55,917 |
| From K-1 - Fir Tree International Value Fund | -$217 | -$217 | -$217 |
| FROM K-1 - DW CATALYST | $44,872 | $44,872 | $44,872 |
| From K-1 - Canyon Value Realization Fund | $3,728 | $3,728 |
Other Increases Schedule OtherIncreasesSchedule
Other Increases Detail OtherIncreasesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | book cost adjustment | Desc |
| Amt | $391,876 | Amt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | foreign taxes | CategoryTxt |
| Amt | $37,346 | Amt |
| Net Investment Income | $32,498 | NetInvestmentIncomeAmt |
| Disbursements Charitable Prps | $0 | DisbursementsCharitablePrpsAmt |