JOSEPH & GENE SWEDISH FAMILY FOUNDATION INC: Form 990PF, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- JOSEPH & GENE SWEDISH FAMILY FOUNDATION INC (EIN 81-3371846)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-07
- IRS object ID
- 202513119349101951
- 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
- Depreciation Schedule
- Investments Corp Bonds Schedule
- Investments Corp Stock Schedule
- Investments Govt Obligations Sch
- Investments Other Schedule2
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Other Professional Fees Schedule
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-07T11:46:39-05:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIEDMAN & HUEY ASSOC LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20940 S FRANKFORT SQUARE RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | 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 | 813371846 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | JOSEPH & GENE SWEDISH FAMILY FOUNDATION INC | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of | % FRIEDMAN & HUEY ASSOCIATES L | InCareOfNm |
| Business Name Control | JOSE | BusinessNameControlTxt |
| Phone | 7087996800 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH LLP 20940 S FRANKFORT SQ RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | JOSEPH SWEDISH | PersonNm |
| Person Title | DIRECTOR | PersonTitleTxt |
| Phone | 7087996800 | PhoneNum |
| Signature | 2025-11-05 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | SYLWIA NAZAR | PreparerPersonNm |
| PTIN | P01359341 | PTIN |
| Phone | 7087996800 | PhoneNum |
| 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 | $56,150,695 | 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 | $1,000,325 | ContriRcvdRevAndExpnssAmt |
| Dividends Rev And Expnss | $772,192 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $772,192 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,742,581 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $11,471,528 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,742,581 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | -$17,893 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | -$8,101 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $3,497,205 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $2,506,672 | TotalNetInvstIncmAmt |
| Comp Ofcr Dir Trst Rev And Expnss | $0 | CompOfcrDirTrstRevAndExpnssAmt |
| Other Prof Fees Rev And Expnss | $307,106 | OtherProfFeesRevAndExpnssAmt |
| Other Prof Fees Net Invst Incm | $307,106 | OtherProfFeesNetInvstIncmAmt |
| Taxes Rev And Expnss | $31,750 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $13,844 | TaxesNetInvstIncmAmt |
| Trav Conf Meeting Rev And Expnss | $10,091 | TravConfMeetingRevAndExpnssAmt |
| Trav Conf Meeting Dsbrs Chrtbl | $9,649 | TravConfMeetingDsbrsChrtblAmt |
| Other Expenses Rev And Expnss | $22,651 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $22,631 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $20 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $371,598 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $343,581 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $9,669 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,538,000 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,538,000 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $2,909,598 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $343,581 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,547,669 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $587,607 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $2,163,091 | NetInvestmentIncomeAmt |
| Adjusted Net Income | $0 | AdjustedNetIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $744,875 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $1,007,101 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $1,007,101 | SavAndTempCashInvstEOYFMVAmt |
| US Government Obligations BOY | $1,892,331 | USGovernmentObligationsBOYAmt |
| US Government Obligations EOY | $238,009 | USGovernmentObligationsEOYAmt |
| US Govt Obligations EOYFMV | $238,886 | USGovtObligationsEOYFMVAmt |
| Corporate Stock BOY | $23,403,442 | CorporateStockBOYAmt |
| Corporate Stock EOY | $23,451,954 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $47,575,065 | CorporateStockEOYFMVAmt |
| Corporate Bonds BOY | $2,838,723 | CorporateBondsBOYAmt |
| Corporate Bonds EOY | $2,713,489 | CorporateBondsEOYAmt |
| Corporate Bonds EOYFMV | $2,745,924 | CorporateBondsEOYFMVAmt |
| Other Investments BOY | $2,739,541 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $4,101,316 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $4,583,719 | OtherInvestmentsEOYFMVAmt |
| Other Assets BOY | $3,908 | OtherAssetsBOYAmt |
| Other Assets EOY | $0 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $0 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $31,622,820 | TotalAssetsBOYAmt |
| Total Assets EOY | $31,511,869 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $56,150,695 | TotalAssetsEOYFMVAmt |
| Accounts Payable BOY | $0 | AccountsPayableBOYAmt |
| Accounts Payable EOY | $10,091 | AccountsPayableEOYAmt |
| Total Liabilities BOY | $0 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $10,091 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow FASB117 | Yes (X) | OrgDoesNotFollowFASB117Ind |
| Capital Stock BOY | $31,622,820 | CapitalStockBOYAmt |
| Capital Stock EOY | $31,501,778 | CapitalStockEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $31,622,820 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $31,501,778 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $31,622,820 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $31,511,869 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $31,622,820 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $587,607 | ExcessRevenueOverExpensesAmt |
| Subtotal | $32,210,427 | SubtotalAmt |
| Other Decreases | $708,649 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $31,501,778 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (20 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | Gross Sales PriceGrossSalesPriceAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | AcquiredAcquiredDt |
|---|---|---|---|---|---|---|
| MS #91570-745 | P | $688,663 | $832,639 | -$143,476 | -$143,976 | |
| MS #91570-745 | P | $3,025,940 | $2,426,180 | $611,766 | $599,760 | |
| MS #91571-745 | P | $6,160 | $6,126 | $34 | $34 | |
| MS#91571-745 | P | $580,166 | $565,703 | $14,491 | $14,463 | |
| MS#91572-745 | P | $93,617 | $75,257 | $19,105 | $18,360 | |
| MS#91572-745 | P | $1,198,172 | $731,288 | $466,884 | $466,884 | |
| MS#91573-745 | P | $1,535,027 | $844,940 | $690,087 | $690,087 | |
| MS#91574-745 | P | $2,259,901 | $2,540,034 | -$280,283 | -$280,133 | |
| MS#91574-745 | P | $1,960,978 | $1,650,220 | $310,758 | $310,758 | |
| 5,492.264 SHS BREIT | P | $78,111 | $69,689 | $8,422 | $8,422 | 2022-08-01 |
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 | ||||
| CAPITAL GAIN DIVIDENDS | P | $667 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,742,581 | CapitalGainNetIncomeAmt |
Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Income Excise Tax | $30,067 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $30,067 | SubtotalAmt |
| Tax Based On Investment Income | $30,067 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $17,798 | EstimatedPlusOvpmtIncmTxAmt |
| Exempt Frgn Org Tax Wthld At Srce | $0 | ExemptFrgnOrgTaxWthldAtSrceAmt |
| Extsn Request Income Tax Paid | $30,000 | ExtsnRequestIncomeTaxPaidAmt |
| Total Payments And Credits | $47,798 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Es Penalty | $0 | EsPenaltyAmt |
| Overpayment | $17,731 | OverpaymentAmt |
| Applied To ES Tax | $17,731 | AppliedToESTaxAmt |
Statements Regarding Acty StatementsRegardingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Legislative Political Acty | false | LegislativePoliticalActyInd |
| More Than100 Spent | false | MoreThan100SpentInd |
| Form1120 POL Filed | false | Form1120POLFiledInd |
| Activities Not Previously Rpt | false | ActivitiesNotPreviouslyRptInd |
| Changes To Articles Or Bylaws | false | ChangesToArticlesOrBylawsInd |
| Unrelated Bus Incm Over Limit | Yes (true) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (true) | Form990TFiledInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | CO | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | false | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
Persons With Books Name PersonsWithBooksName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FRIEDMAN & HUEY ASSOCIATES LLP | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 7087996800 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20940 S FRANKFORT SQUARE ROAD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | Yes (true) | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| Acts Fail To Qlfy As Exceptions | 0 | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Business Holdings | false | BusinessHoldingsInd |
| Jeopardy Investments | false | JeopardyInvestmentsInd |
| Uncorrected PY Jeopardy Invst | false | UncorrectedPYJeopardyInvstInd |
| Influence Legislation | false | InfluenceLegislationInd |
| Influence Election | false | InfluenceElectionInd |
| Grants To Individuals | false | GrantsToIndividualsInd |
| Grants To Organizations | false | GrantsToOrganizationsInd |
| Noncharitable Purpose | false | NoncharitablePurposeInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (5 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 |
|---|---|---|---|---|---|---|---|---|
| JOSEPH SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| GENE SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| JOSEPH IAN SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| JAMES EVAN SWEDISH | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
| ERIN SWEDISH BRACKEN | ||||||||
| C/O FH LLP 20940 S FRANKFORT SQ RD | FRANKFORT | IL | 60423 | DIRECTOR | 0 | $0 | $0 | $0 |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORGAN STANLEY | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 NEW YORK PLAZA 40TH FLOOR | AddressLine1Txt |
| City | NEW YORK | CityNm |
| State Abbreviation | NY | StateAbbreviationCd |
| ZIP | 10004 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Service Type | INVESTMENT SERVICES | ServiceTypeTxt |
| Compensation | $307,106 | CompensationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Summary Of Direct Chrtbl Acty | SummaryOfDirectChrtblActyGrp | |
| Sum Of Program Related Invst | SumOfProgramRelatedInvstGrp |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $53,145,441 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $837,226 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $53,982,667 | TotalFMVOfUnusedAssetsAmt |
| Acquisition Indebtedness | $0 | AcquisitionIndebtednessAmt |
| Adjusted Total FMV Of Unused Ast | $53,982,667 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $809,740 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $53,172,927 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $2,658,646 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $2,658,646 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $30,067 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $30,067 | TotalTaxAmt |
| Distributable Before Adj | $2,628,579 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $2,628,579 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $2,628,579 | DistributableAsAdjustedAmt |
PF Qualifying Distributions PFQualifyingDistributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,547,669 | ExpensesAndContributionsAmt |
| Program Related Invst Total | $0 | ProgramRelatedInvstTotalAmt |
| Charitable Assets Acquis Paid | $0 | CharitableAssetsAcquisPaidAmt |
| Set Aside Suitability Test | $0 | SetAsideSuitabilityTestAmt |
| Set Aside Cash Distri Test | $0 | SetAsideCashDistriTestAmt |
| Qualifying Distributions | $2,547,669 | QualifyingDistributionsAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $2,628,579 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $2,404,467 | UndistributedIncomePYAmt |
| Prior Year1 | 2022 | PriorYear1Yr |
| Prior Year2 | 2021 | PriorYear2Yr |
| Prior Year3 | 2020 | PriorYear3Yr |
| Excess Distribution Cyov Yr1 | $0 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $0 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $2,547,669 | QualifyingDistributionsAmt |
| Applied To Year1 | $2,404,467 | AppliedToYear1Amt |
| Applied To Current Year | $143,202 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $0 | RemainingDistriFromCorpusAmt |
| Excess Distri Cyov App CY Corpus | $0 | ExcessDistriCyovAppCYCorpusAmt |
| Excess Distribution Cyov App CY | $0 | ExcessDistributionCyovAppCYAmt |
| Total Corpus | $0 | TotalCorpusAmt |
| Undistributed Income CY | $2,485,377 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $0 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $0 | ExcessFromCurrentYearAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Private Operating Foundations | PrivateOperatingFoundationsGrp |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | JOSEPH GENE SWEDISH | ContributingManagerNm |
| Shareholder Manager | NA | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SEE ATTACHED | BusinessNameLine1Txt |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH LLP 20940 S FRANKFORT SQ RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | NONE | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL CHARITABLE PURPOSES | GrantOrContributionPurposeTxt |
| Amt | $2,538,000 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,538,000 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fees Contracts From Govt Ag | FeesContractsFromGovtAgGrp | |
| Membership Dues And Assmnt | MembershipDuesAndAssmntGrp | |
| Int On Sav And Temp Cash Invst | IntOnSavAndTempCashInvstGrp |
Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $772,192 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Rntl Incm Re Debt Fincd Prop | NetRntlIncmReDebtFincdPropGrp | |
| Net Rntl Incm Re Not Debt Fincd Prop | NetRntlIncmReNotDebtFincdProp | |
| Net Rental Income Personal Prop | NetRentalIncomePersonalPropGrp | |
| Other Investment Income | OtherInvestmentIncomeGrp |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $1,742,581 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Net Income Loss From Special Evt | NetIncomeLossFromSpecialEvtGrp | |
| Gross Profit Loss Sls Of Invntry | GrossProfitLossSlsOfInvntryGrp |
Other Revenue Described OtherRevenueDescribedGrp (3 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt | BusinessBusinessCd | Unrelated Business Taxbl IncmUnrelatedBusinessTaxblIncmAmt |
|---|---|---|---|---|
| P-SHIP INCOME | 01 | -$6,471 | ||
| OTHER INCOME/LOSS | 01 | -$1,630 | ||
| LOSS REPORTED ON 990T | 900000 | -$9,792 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | -$9,792 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $2,506,672 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,496,880 | TotalIncomeProducingActyAmt |
Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trnsfr Of Cash To Nonchrtbl EO | false | TrnsfrOfCashToNonchrtblEOInd |
| Trnsfr Other Asset Nonchrtbl EO | false | TrnsfrOtherAssetNonchrtblEOInd |
| Sales Or Exchanges Of Assets | false | SalesOrExchangesOfAssetsInd |
| Purchase Of Assets Nonchrtbl EO | false | PurchaseOfAssetsNonchrtblEOInd |
| Rental Of Facilities Oth Assets | false | RentalOfFacilitiesOthAssetsInd |
| Reimbursement Arrangements | false | ReimbursementArrangementsInd |
| Loans Or Loan Guarantees | false | LoansOrLoanGuaranteesInd |
| Performance Of Services Etc | false | PerformanceOfServicesEtcInd |
| Sharing Of Facilities Etc | false | SharingOfFacilitiesEtcInd |
| Relationships Nonchrtbl EO | false | RelationshipsNonchrtblEOInd |
Schedule B IRS990ScheduleB
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| General Rule | Yes (X) | GeneralRuleInd |
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | 1 | ContributorNum |
| Contributor Person | JOSEPH GENE SWEDISH | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | C/O FH LLP 20940 S FRANKFORT SQ RD | AddressLine1Txt |
| City | FRANKFORT | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60423 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $1,000,325 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
| Noncash Contribution | Yes (X) | NoncashContributionInd |
Non Cash Property Contribution NonCashPropertyContributionGrp (12 entries)
| ContributorContributorNum | Noncash PropertyNoncashPropertyDesc | Fair Market ValueFairMarketValueAmt | ReceivedReceivedDt |
|---|---|---|---|
| 1 | 900 SHS ALPHABET INC | $172,854 | 2024-12-18 |
| 1 | 580 SHS ALPHABET INC | $112,511 | 2024-12-19 |
| 1 | 1,100 APPLE INC | $274,500 | 2024-12-18 |
| 1 | 70 SHS APPLE INC | $17,571 | 2024-12-19 |
| 1 | 272 SHS BLACKSTONE INC | $46,660 | 2024-12-18 |
| 1 | 939 SHS BLACKSTONE INC | $166,978 | 2024-12-19 |
| 1 | 167 SHS INTUIT INC | $110,581 | 2024-12-18 |
| 1 | 36 SHS MICROSOFT CORPORATION | $15,831 | 2024-12-19 |
| 1 | 310 SHS SHOPIFY INC | $33,658 | 2024-12-18 |
| 1 | 55 SHS SHOPIFY INC | $6,314 | 2024-12-19 |
| 1 | 4 SHS TESLA INC | $1,753 | 2024-12-19 |
| 1 | 435 SHS WALMART INC | $41,114 | 2024-12-18 |
Depreciation Schedule DepreciationSchedule
Investments Corp Bonds Schedule InvestmentsCorpBondsSchedule
Investments Corporate Bonds InvestmentsCorporateBondsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond | MS #1573-745 | BondNm |
| EOY Book Value | $2,713,489 | EOYBookValueAmt |
| EOYFMV | $2,745,924 | EOYFMVAmt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (4 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| MS #1570-745 | $10,394,665 | $23,039,423 |
| MS #1571-745 | $121,959 | $127,357 |
| MS #1572-745 | $3,524,713 | $7,230,469 |
| MS #1574-745 | $9,410,617 | $17,177,816 |
Investments Govt Obligations Sch InvestmentsGovtObligationsSch
| Field | Value | IRS element (for citing) |
|---|---|---|
| US Govt Obligations Book Vl EOY | $238,009 | USGovtObligationsBookVlEOYAmt |
| US Govt Obligations EOYFMV | $238,886 | USGovtObligationsEOYFMVAmt |
Investments Other Schedule2 InvestmentsOtherSchedule2
Investments Other InvestmentsOtherGrp (14 entries)
| Category Or ItemCategoryOrItemTxt | Listed At Cost Or FMVListedAtCostOrFMVCd | Book ValueBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| NHCP VII | AT COST | $263,929 | $388,469 |
| PE PREMR OAKTREE XI | AT COST | $334,336 | $414,196 |
| ARES SME | AT COST | $355,545 | $364,447 |
| ICAP MILLENIUM LTD | AT COST | $755,000 | $880,746 |
| NHEE IX OFFSHORE FEEDER LP | AT COST | $426,808 | $386,153 |
| KKR GLOBAL INFASTRUCTURE IV | AT COST | $402,362 | $470,297 |
| KKR NA FUND XIII | AT COST | $213,715 | $255,023 |
| NH EXPANSION CREDIT II | AT COST | $428,240 | $514,106 |
| BREIT CL I | AT COST | $0 | $0 |
| CORTLAND ENHANCED VALUE VI | AT COST | $229,444 | $206,693 |
| PREMIER BREP X OFFSHORE | AT COST | $226,004 | $214,514 |
| KKR NGT GROWTH FUND III | AT COST | $150,649 | $171,930 |
| PE PRE OAKTREE SSF III | AT COST | $198,722 | $215,727 |
| PE PREMIER EQT X OFFSHORE | AT COST | $116,562 | $101,418 |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (2 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| DIVIDEND RECEIVABLE | $71 | $0 | $0 |
| ACCRUED INTEREST | $3,837 | $0 | $0 |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescDesc | AmtAmt |
|---|---|
| APPRECIATION OVER DONOR'S COST BASIS | $0 |
| FOR STOCK DONATED TO THE FOUNDATION | $708,649 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt |
|---|---|---|---|
| NHCP VII FEES | $3,350 | $3,350 | |
| PE PREMR OAKTREE XI OFF FEES | $19,281 | $19,281 | |
| BANK FEE | $20 | $20 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (8 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| ARES SME FINANCE (OFFSHORE) LP | $8,738 | $8,738 |
| NORTH HAVEN CAPITAL PARTNERS VII | -$5,992 | -$5,992 |
| KKR GLOBAL INFRA IV PRIVATE INVESTORS | -$1,772 | -$1,772 |
| KKR NORTH AMERICA FUND XIII PRIVATE INV | -$5,092 | -$5,092 |
| KKR NGT GROWTH FUND III | -$11,755 | -$11,755 |
| CORTLAND ENHANCED VALUE FUND VI | -$390 | -$390 |
| OTHER INCOME | -$1,630 | -$1,630 |
| PLUS LOSS REPORTED ON 990T | $9,792 |
Other Professional Fees Schedule OtherProfessionalFeesSchedule
Other Professional Fees Detail OtherProfessionalFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | INVESTMENT MANAGEMENT FEES | CategoryTxt |
| Amt | $307,106 | Amt |
| Net Investment Income | $307,106 | NetInvestmentIncomeAmt |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (3 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $13,844 | $13,844 |
| FEDERAL TAXES - 990PF | $15,000 | |
| FEDERAL TAXES - 990T | $2,906 |