HERBST FAMILY FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- HERBST FAMILY FOUNDATION (EIN 36-4333045)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-05-14
- IRS object ID
- 201441349349101144
- Schema version
- 2013v3.1
- 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
- Cash Deemed Charitable Expln Stmt
- Investments Corp Stock Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Assets Schedule
- Other Decreases Schedule
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-05-14T08:41:28-07:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | DIETRICH AND DIETRICHLLC | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9933 LAWLER AVE STE 521 | AddressLine1 |
| City | SKOKIE | City |
| State | IL | State |
| ZIP Code | 60077 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990PF | ReturnTypeCd |
| Tax Period Begin | 2013-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364333045 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HERBST FAMILY FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | HERB | BusinessNameControlTxt |
| Phone | 3123165085 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 N LAKE SHORE DRIVE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | DR ARTHUR HERBST | PersonNm |
| Person Title | PRESIDENT | PersonTitleTxt |
| Phone | 3123165085 | PhoneNum |
| Signature | 2014-05-09 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | JOHN C DIETRICH | PreparerPersonNm |
| Phone | 8476776305 | PhoneNum |
| Preparation | 2014-05-14 | PreparationDt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2013 | TaxYr |
| Build TS | 2015-12-30 17:16:21Z | BuildTS |
Form 990-PF IRS990PF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization501c3 Exempt PF | Yes (X) | Organization501c3ExemptPFInd |
| FMV Assets EOY | $1,269,524 | 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 | $18,412 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $18,412 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $11,717 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $522,069 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $11,717 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $13,635 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $13,635 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $43,764 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $43,764 | TotalNetInvstIncmAmt |
| Accounting Fees Rev And Expnss | $1,600 | AccountingFeesRevAndExpnssAmt |
| Accounting Fees Chrtbl Prps | $1,600 | AccountingFeesChrtblPrpsAmt |
| Taxes Rev And Expnss | $2,657 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $2,657 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $2,751 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $2,656 | OtherExpensesNetInvstIncmAmt |
| Other Expenses Dsbrs Chrtbl | $95 | OtherExpensesDsbrsChrtblAmt |
| Tot Opr Expenses Rev And Expnss | $7,008 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $5,313 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $1,695 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $62,236 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $62,236 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $69,244 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $5,313 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $63,931 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | -$25,480 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $38,451 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sav And Temp Cash Invst BOY | $234,221 | SavAndTempCashInvstBOYAmt |
| Sav And Temp Cash Invst EOY | $225,980 | SavAndTempCashInvstEOYAmt |
| Sav And Temp Cash Invst EOYFMV | $225,980 | SavAndTempCashInvstEOYFMVAmt |
| Corporate Stock BOY | $694,668 | CorporateStockBOYAmt |
| Corporate Stock EOY | $664,133 | CorporateStockEOYAmt |
| Corporate Stock EOYFMV | $980,896 | CorporateStockEOYFMVAmt |
| Other Assets BOY | $57,376 | OtherAssetsBOYAmt |
| Other Assets EOY | $62,648 | OtherAssetsEOYAmt |
| Other Assets EOYFMV | $62,648 | OtherAssetsEOYFMVAmt |
| Total Assets BOY | $986,265 | TotalAssetsBOYAmt |
| Total Assets EOY | $952,761 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $1,269,524 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Org Does Not Follow SFAS117 | Yes (X) | OrgDoesNotFollowSFAS117Ind |
| Retained Earning BOY | $986,265 | RetainedEarningBOYAmt |
| Retained Earning EOY | $952,761 | RetainedEarningEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $986,265 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $952,761 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $986,265 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $952,761 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $986,265 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | -$25,480 | ExcessRevenueOverExpensesAmt |
| Subtotal | $960,785 | SubtotalAmt |
| Other Decreases | $8,024 | OtherDecreasesAmt |
| Tot Net Ast Or Fund Balances EOY | $952,761 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (27 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | DepreciationDepreciationAmt | Cost Or Other BasisCostOrOtherBasisAmt | Gain Or LossGainOrLossAmt | FMV As Of123169FMVAsOf123169Amt | Adjusted Basis As Of123169AdjustedBasisAsOf123169Amt | Excess FMV Over Adjusted BssExcessFMVOverAdjustedBssAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|
| WESTMINSTER FUND V, LP - SEC 1231 GAIN | P | 2012-01-01 | 2013-12-31 | $3,044 | $0 | $0 | $3,044 | $0 | $0 | $0 | $3,044 |
| WESTMINSTER FUND VI, LP - SEC 1231 LOSS | P | 2012-01-01 | 2013-12-31 | $0 | $0 | $5,086 | -$5,086 | $0 | $0 | $0 | -$5,086 |
| ELLINGTON FINANCIAL LLC - S/T CAPITAL GAINS | P | 2013-12-31 | 2013-12-31 | $150 | $0 | $0 | $150 | $0 | $0 | $0 | $150 |
| 1000 SHARES ELLINGTON FINANCIAL LLC | P | 2011-07-29 | 2013-10-23 | $23,855 | $0 | $27,882 | -$4,027 | $0 | $0 | $0 | -$4,027 |
| ENERGY TRANSFER PARTNERS, LP - L/T CAPITAL GAINS | P | 2012-01-01 | 2013-12-31 | $307 | $0 | $0 | $307 | $0 | $0 | $0 | $307 |
| ENERGY TRANSFER PARTNERS, LP - SEC 1231 GAIN | P | 2012-01-01 | 2013-12-31 | $1 | $0 | $0 | $1 | $0 | $0 | $0 | $1 |
| 800 SHARES ENERGY TRANSFER PARTNERS, LP | P | 2013-02-04 | 2013-10-23 | $42,391 | $0 | $34,854 | $7,537 | $0 | $0 | $0 | $7,537 |
| ALLIANCEBERNSTEIN HOLDINS, LP - S/T CAPITAL GAINS | P | 2013-12-31 | 2013-12-31 | $120 | $0 | $0 | $120 | $0 | $0 | $0 | $120 |
| ALLIANCEBERNSTEIN HOLDINGS, LP - L/T CAPITAL GAINS | P | 2012-01-01 | 2013-12-31 | $159 | $0 | $0 | $159 | $0 | $0 | $0 | $159 |
| KINDER MORGAN ENERGY PARTNERS, LP - SEC 1231 LOSS | P | 2012-01-01 | 2013-12-31 | $0 | $0 | $10 | -$10 | $0 | $0 | $0 | -$10 |
| VANGUARD MARKETING CORP - CAPITAL GAIN DISTRIBUTION | P | 2012-01-01 | 2013-12-31 | $352 | $0 | $0 | $352 | $0 | $0 | $0 | $352 |
| 400 SHARES CANADIAN IMPERIAL BANK | P | 2013-08-21 | 2013-09-09 | $31,751 | $0 | $30,004 | $1,747 | $0 | $0 | $0 | $1,747 |
| 600 SHARES CENTURYLINK INC | P | 2013-06-01 | 2013-12-23 | $18,816 | $0 | $21,820 | -$3,004 | $0 | $0 | $0 | -$3,004 |
| 1400 SHARES EXELON CORP | P | 2012-06-01 | 2013-01-28 | $43,539 | $0 | $50,990 | -$7,451 | $0 | $0 | $0 | -$7,451 |
| 500 SHARES NATL PRESTO IND INC | P | 2012-06-01 | 2013-01-25 | $36,429 | $0 | $37,016 | -$587 | $0 | $0 | $0 | -$587 |
| 200 SHARES SPDR GOLD TRUST GOLD ETF | P | 2013-03-11 | 2013-09-09 | $26,764 | $0 | $30,558 | -$3,794 | $0 | $0 | $0 | -$3,794 |
| 150 SHARES SPDR GOLD TRUST GOLD ETF | P | 2013-03-11 | 2013-10-04 | $19,059 | $0 | $22,919 | -$3,860 | $0 | $0 | $0 | -$3,860 |
| 500 SHARES TOTAL S A | P | 2013-06-01 | 2013-10-21 | $30,306 | $0 | $25,374 | $4,932 | $0 | $0 | $0 | $4,932 |
| 250 SHARES VNGRD FTSE EMG MKTS ETF | P | 2013-07-18 | 2013-12-20 | $10,008 | $0 | $9,940 | $68 | $0 | $0 | $0 | $68 |
| 500 SHARES AFLAC INC | P | 1996-02-09 | 2013-07-19 | $29,715 | $0 | $3,543 | $26,172 | $0 | $0 | $0 | $26,172 |
| 2000 SHARES ANNALY CAP MGMT INC | P | 2012-06-01 | 2013-07-15 | $24,020 | $0 | $32,446 | -$8,426 | $0 | $0 | $0 | -$8,426 |
| 500 SHARES CENTURYLINK INC | P | 2010-07-30 | 2013-12-23 | $15,680 | $0 | $17,810 | -$2,130 | $0 | $0 | $0 | -$2,130 |
| 350 SHARES CONOCOPHILLIPS | P | 2011-09-13 | 2013-03-11 | $20,443 | $0 | $17,567 | $2,876 | $0 | $0 | $0 | $2,876 |
| 1345.016 SHARES DOUBLELN TTL RET BD N | P | 2012-06-01 | 2013-06-03 | $15,172 | $0 | $15,000 | $172 | $0 | $0 | $0 | $172 |
| 1500 SHARES FIRSTENERGY CORP | P | 2012-06-01 | 2013-06-27 | $56,249 | $0 | $55,890 | $359 | $0 | $0 | $0 | $359 |
| 600 SHARES NATL PRESTO IND INC | P | 2012-01-01 | 2013-01-25 | $43,715 | $0 | $37,018 | $6,697 | $0 | $0 | $0 | $6,697 |
| 750 SHARES VNGRD FTSE EMG MKTS ETF | P | 2012-06-01 | 2013-12-20 | $30,024 | $0 | $34,625 | -$4,601 | $0 | $0 | $0 | -$4,601 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $11,717 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | -$4,142 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $63,012 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $1,098,856 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.057343 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $60,853 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $1,214,399 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.050110 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $61,365 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $1,185,619 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.051758 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $43,240 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $926,951 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.046648 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $59,756 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $1,060,006 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.056373 | DistributionYr5Rt |
| Total Distribution | 0.262232 | TotalDistributionRt |
| Average Distribution | 0.052446 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $1,186,464 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $62,225 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $385 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $62,610 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $63,931 | 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 | $385 | InvestmentIncomeExciseTaxAmt |
| Tax Under Section511 | $0 | TaxUnderSection511Amt |
| Subtotal | $385 | SubtotalAmt |
| Tax Based On Investment Income | $385 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $1,311 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $1,311 | TotalPaymentsAndCreditsAmt |
| Original Return Overpayment | -$1,311 | OriginalReturnOverpaymentAmt |
| Overpayment | $926 | OverpaymentAmt |
| Applied To ES Tax | $926 | 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 | false | UnrelatedBusIncmOverLimitInd |
| Organization Dissolved Etc | false | OrganizationDissolvedEtcInd |
| Section508e Rqr Satisfied | Yes (true) | Section508eRqrSatisfiedInd |
| At Least5000 In Assets | Yes (true) | AtLeast5000InAssetsInd |
| Org Report Or Register State | IL | OrgReportOrRegisterStateCd |
| Form990 PF Filed With Atty Gen | Yes (true) | Form990PFFiledWithAttyGenInd |
| Private Operating Foundation | false | PrivateOperatingFoundationInd |
| New Substantial Contributors | Yes (true) | NewSubstantialContributorsInd |
| Own Controlled Entity | false | OwnControlledEntityInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Comply With Public Insp Rqr | Yes (true) | ComplyWithPublicInspRqrInd |
| Website Address | N/A | WebsiteAddressTxt |
| Individual With Books | DR ARTHUR L HERBST | IndividualWithBooksNm |
| Phone | 3123165085 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1040 N LAKE SHORE DRIVE 5C | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60611 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Foreign Accounts Question | false | ForeignAccountsQuestionInd |
Statements Regarding Acty4720 StatementsRegardingActy4720Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Sale Or Exch Disqualified Prsn | false | SaleOrExchDisqualifiedPrsnInd |
| Brrw Or Lend Disqualified Prsn | false | BrrwOrLendDisqualifiedPrsnInd |
| Furn Goods Disqualified Prsn | false | FurnGoodsDisqualifiedPrsnInd |
| Pay Comp Disqualified Prsn | false | PayCompDisqualifiedPrsnInd |
| Transfer Ast Disqualified Prsn | false | TransferAstDisqualifiedPrsnInd |
| Payment To Government Official | false | PaymentToGovernmentOfficialInd |
| 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 |
Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp
Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (3 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | TitleTitleTxt | Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt | CompensationCompensationAmt | Employee Benefit ProgramEmployeeBenefitProgramAmt | Expense Account Other AllwncExpenseAccountOtherAllwncAmt |
|---|---|---|---|---|---|---|---|---|
| DR ARTHUR L HERBST | ||||||||
| 4451 N CAMINO SUMO | TUCSON | AZ | 85718 | PRESIDENT | 1.00 | $0 | $0 | $0 |
| LEE G HERBST | ||||||||
| 4451 N CAMINO SUMO | TUCSON | AZ | 85718 | VICE PRESIDENT | 1.00 | $0 | $0 | $0 |
| ARTHUR L HERBST JR | ||||||||
| 1816 N LINCOLN PARK W | CHICAGO | IL | 60614 | DIRECTOR | 1.00 | $0 | $0 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
| Other Employee Paid Over50k | 0 | OtherEmployeePaidOver50kCnt |
| Comp Of Hghst Pd Cntrct Or NONE | NONE | CompOfHghstPdCntrctOrNONETxt |
| Contractor Paid Over50k | 0 | ContractorPaidOver50kCnt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $1,009,022 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $242,442 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $0 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $1,251,464 | TotalFMVOfUnusedAssetsAmt |
| Adjusted Total FMV Of Unused Ast | $1,251,464 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $65,000 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $1,186,464 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $59,323 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $59,323 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $385 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $385 | TotalTaxAmt |
| Distributable Before Adj | $58,938 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $58,938 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $58,938 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $63,931 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $63,931 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $385 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $63,546 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $58,938 | DistributableAsAdjustedAmt |
| Excess Distribution Cyov Yr5 | $7,640 | ExcessDistributionCyovYr5Amt |
| Excess Distribution Cyov Yr3 | $3,336 | ExcessDistributionCyovYr3Amt |
| Excess Distribution Cyov Yr2 | $587 | ExcessDistributionCyovYr2Amt |
| Excess Distribution Cyov Yr1 | $10,541 | ExcessDistributionCyovYr1Amt |
| Total Excess Distribution Cyov | $22,104 | TotalExcessDistributionCyovAmt |
| Qualifying Distributions | $63,931 | QualifyingDistributionsAmt |
| Applied To Current Year | $58,938 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $4,993 | RemainingDistriFromCorpusAmt |
| Total Corpus | $27,097 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov From Yr5 | $7,640 | ExcessDistriCyovFromYr5Amt |
| Excess Distri Cyov To Next Yr | $19,457 | ExcessDistriCyovToNextYrAmt |
| Excess From Year3 | $3,336 | ExcessFromYear3Amt |
| Excess From Year2 | $587 | ExcessFromYear2Amt |
| Excess From Year1 | $10,541 | ExcessFromYear1Amt |
| Excess From Current Year | $4,993 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | DR ARTHUR L HERBST | ContributingManagerNm |
| Shareholder Manager | NONE | ShareholderManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp (34 entries)
| Address Line1RecipientUSAddress/AddressLine1 | CityRecipientUSAddress/City | StateRecipientUSAddress/State | ZIP CodeRecipientUSAddress/ZIPCode | Recipient Foundation StatusRecipientFoundationStatusTxt | Grant Or Contribution PurposeGrantOrContributionPurposeTxt | AmtAmt |
|---|---|---|---|---|---|---|
| CHICAGO SYMPHONY ORCHESTRA FUND | ||||||
| 220 S MICHIGAN AVENUE | CHICAGO | IL | 60604 | PUBLIC | GENERAL SUPPORT | $3,500 |
| DOCTORS WITHOUT BORDERS | ||||||
| 333 7TH AVENUE | NEW YORK | NY | 10001 | PUBLIC | GENERAL SUPPORT | $250 |
| LYRIC OPERA OF CHICAGO FUND | ||||||
| 20 N WACKER DRIVE | CHICAGO | IL | 60603 | PUBLIC | GENERAL SUPPORT | $3,500 |
| SHADY HILL SCHOOL | ||||||
| 178 COOLIDGE HILL | CAMBRIDGE | MA | 02138 | PUBLIC | GENERAL SUPPORT | $200 |
| SOUTHERN POVERTY LAW CENTER | ||||||
| 400 WASHINGTON AVENUE | MONTGOMERY | AL | 36104 | PUBLIC | GENERAL SUPPORT | $250 |
| TUSCON SYMPHONY ORCHESTRA FUND | ||||||
| 2175 N SIXTH AVENUE | TUCSON | AZ | 85705 | PUBLIC | GENERAL SUPPORT | $3,000 |
| UNICEF | ||||||
| 125 MAIDEN LANE | NEW YORK | NY | 10038 | PUBLIC | GENERAL SUPPORT | $200 |
| UNIVERSITY OF ARIZONA | ||||||
| 1111 N CHERRY AVENUE | TUCSON | AZ | 85721 | PUBLIC | GENERAL SUPPORT | $6,361 |
| UNIVERSITY OF CHICAGO | ||||||
| 5801 S ELLIS AVENUE | CHICAGO | IL | 60637 | PUBLIC | GENERAL SUPPORT | $9,300 |
| WTTW PUBLIC TELEVISION | ||||||
| 5400 N ST LOUIS AVENUE | CHICAGO | IL | 60625 | PUBLIC | GENERAL SUPPORT | $600 |
| AMERICAN HUMANIST ASSOCIATION | ||||||
| 1777 T ST NW | WASHINGTON | DC | 20009 | PUBLIC | GENERAL SUPPORT | $250 |
| INSTITUTE OF MEDICINE | ||||||
| 500 FIFTH STREET NW | WASHINGTON | DC | 20001 | PUBLIC | GENERAL SUPPORT | $500 |
| ARIZONA PUBLIC MEDIA | ||||||
| PO BOX 210067 | TUCSON | AZ | 85721 | PUBLIC | GENERAL SUPPORT | $400 |
| COMPASSION & CHOICES | ||||||
| PO BOX 101810 | DENVER | CO | 80250 | PUBLIC | GENERAL SUPPORT | $300 |
| CONSUMER REPORTS FOUNDATION | ||||||
| 101 TRUMAN AVENUE | YONKERS | NY | 10703 | POF-EXEMPT | GENERAL SUPPORT | $100 |
| HARVARD MEDICAL SCHOOL | ||||||
| 124 MOUNT AUBURN STREET | CAMBRIDGE | MA | 02138 | PUBLIC | ALUMNI FUND | $15,000 |
| INVISIBLE THEATER | ||||||
| 1400 N FIRST AVENUE | TUCSON | AZ | 85719 | POF-EXEMPT | GENERAL SUPPORT | $250 |
| TIMELINE THEATER FUND | ||||||
| 615 W WELLINGTON AVENUE | CHICAGO | IL | 60657 | PUBLIC | GENERAL SUPPORT | $100 |
| BUCKINGHAM BROWNE & NICHOLS SCHOOL | ||||||
| 80 GERRYS LANDING ROAD | CAMBRIDGE | MA | 02138 | PUBLIC | GENERAL SUPPORT | $12,000 |
| WBEZ PUBLIC RADIO | ||||||
| 848 E GRAND AVENUE | CHICAGO | IL | 60611 | PUBLIC | GENERAL SUPPORT | $200 |
| FREEDOM FROM RELIGION FOUNDATION | ||||||
| PO BO X750 | MADISON | WI | 53701 | PUBLIC | GENERAL SUPPORT | $500 |
| ARIZONA THEATER FUND | ||||||
| 343 S SCOTT AVENUE | TUCSON | AZ | 85701 | PUBLIC | GENERAL SUPPORT | $250 |
| EXPERIMENT IN INTERNATIONAL LIVING | ||||||
| PO BOX 676 1 KIPLING RD | BRATTLEBORO | VT | 05302 | PUBLIC | GENERAL SUPPORT | $250 |
| ACOG FOUNDATION | ||||||
| 409 12TH STREET SW | WASHINGTON | DC | 20024 | POF-EXEMPT | GENERAL SUPPORT | $250 |
| CHICAGO LYING-IN BOARD OF DIRECTORS | ||||||
| 5841 S MARYLAND AVENUE MC 2050 | CHICAGO | IL | 60637 | PUBLIC | GENERAL SUPPORT | $200 |
| MORGRIDGE INSTITUTE FUND | ||||||
| BOX 88103 | MILWAUKEE | WI | 53288 | PUBLIC | GENERAL SUPPORT | $250 |
| NATIONAL STRATEGY FORUM | ||||||
| 212 W VAN BUREN STREET | CHICAGO | IL | 60607 | PUBLIC | GENERAL SUPPORT | $100 |
| CHALLENGED ATHLETES FUND | ||||||
| 9591 WAPLES STREET | SAN DIEGO | CA | 92121 | POF-EXEMPT | GENERAL SUPPORT | $100 |
| RADCLIFFE INSTITUTE FUND | ||||||
| 10 GARDEN STREET | CAMBRIDGE | MA | 02138 | PUBLIC | GENERAL SUPPORT | $200 |
| SMART MUSEUM OF ART | ||||||
| 5550 S GREENWOOD AVENUE | CHICAGO | IL | 60637 | PUBLIC | GENERAL SUPPORT | $250 |
| LATIN SCHOOL OF CHICAGO | ||||||
| 59 W NORTH BLVD | CHICAGO | IL | 60610 | PUBLIC | GENERAL SUPPORT | $500 |
| CHICAGO FOUNDATION FOR EDUCATION | ||||||
| 1 N LA SALLE STREET | CHICAGO | IL | 60602 | PUBLIC | GENERAL SUPPORT | $125 |
| COLLEGIATE SCHOOL | ||||||
| 260 WEST 78TH STREET | NEW YORK | NY | 10024 | PUBLIC | ANNUAL GIVING FUND | $1,500 |
| CHAPIN SCHOOL | ||||||
| 100 EAST END AVENUE | NEW YORK | NY | 10028 | PUBLIC | ANNUAL GIVING FUND | $1,500 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $62,236 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $18,412 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 18 | ExclusionCd |
| Exclusion | $11,717 | ExclusionAmt |
Other Revenue Described OtherRevenueDescribedGrp (9 entries)
| DescDesc | ExclusionExclusionCd | ExclusionExclusionAmt |
|---|---|---|
| WESTMINSTER FUND V LP | 14 | -$19 |
| WESTMINSTER FUND VI LP | 14 | -$902 |
| WESTMINSTER FUND VIII LP | 14 | -$2,278 |
| ELLINGTON FINANCIAL LLC | 14 | $16,017 |
| ENERGY TRANSFER PARTNERS, LP | 14 | -$1,488 |
| ALLIANCEBERNSTEIN HOLDINGS, LP | 14 | $310 |
| TERRA NITROGEN COMPANY, LP | 14 | -$1,605 |
| KINDER MORGAN ENERGY PARTNERS, LP | 14 | -$1,872 |
| JPM ALERIAN MLP | 14 | $5,472 |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | $43,764 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $43,764 | 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 |
Accounting Fees Schedule AccountingFeesSchedule
Accounting Fees Detail AccountingFeesDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Category | DIETRICH & DIETRICH, LLC TAX PREPARATION | CategoryTxt |
| Amt | $1,600 | Amt |
| Disbursements Charitable Prps | $1,600 | DisbursementsCharitablePrpsAmt |
Cash Deemed Charitable Expln Stmt CashDeemedCharitableExplnStmt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Short Explanation | IT IS THE FOUNDATION'S POLICY TO KEEP A MINIMUM CASH BALANCE IN THE ACCOUNT TO COVER ANY ADMINSITRATIVE EXPENSES AND TO COVER THE DISTRIBUTIONS FOR THE COMING YEAR PLUS ANY UNANTICIPATED DONATION REQUESTS. | ShortExplanationTxt |
Investments Corp Stock Schedule InvestmentsCorpStockSchedule
Investments Corporate Stock InvestmentsCorporateStockGrp (20 entries)
| StockStockNm | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|
| 1500 SHARES VANGUARD EXTENDED MARKET ETF | $54,790 | $124,050 |
| 500 SHARES AFLAC INC | $3,543 | $33,400 |
| 2500 SHARES JPMORGAN CHASE & CO ALERIAN MLP INDEX ETN | $56,133 | $115,875 |
| 500 SHARES ENSCO PLC | $29,125 | $28,590 |
| 400 SHARES FREEPORT MCMORAN COPPER & GOLD | $11,288 | $15,096 |
| 7000 SHARES FRONTIER COMMUNICATIONS CORP | $30,143 | $32,550 |
| 600 SHARES KINDER MORGAN INC | $21,000 | $21,600 |
| 400 SHARES ISHARES S&P SMALL CAP ETF | $24,900 | $43,652 |
| 400 SHARES VANGUARD DIVIDEND APPRECIATION ETF | $21,598 | $30,096 |
| 1000 SHARES AMERICAN ELECTRIC POWER COMPANY | $37,992 | $46,740 |
| 350 SHARES PROCTER & GAMBLE COMPANY | $21,143 | $28,494 |
| 2000 SHARES VALE S A | $28,855 | $30,500 |
| 600 SHARES VANGUARD SHORT TERM CORP BOND ETF | $47,928 | $47,868 |
| 200 SHARES SPDR GOLD TRUST GOLD SHARES | $24,000 | $23,224 |
| 550 SHARES SPDR S&P MID CAP 400 ETF | $18,070 | $134,310 |
| 1800 SHARES ALLIANCEBERNSTEIN HOLDING, LP | $39,510 | $38,412 |
| 4000 SHARES ELLINGTON FINANCIAL LLC | $79,316 | $90,680 |
| 400 SHARES KINDER MORGAN ENERGY PARTNERS, LP | $32,836 | $32,264 |
| 450 SHARES TERRA NITROGEN CO, LP | $81,963 | $63,495 |
| ALL BOOK VALUES ARE SHOWN AT COST |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WESTMINSTER FUND V, LP | $14 | $3,046 | $3,046 |
| WESTMINSTER FUND VI, LP | $14,164 | $8,181 | $8,181 |
| WESTMINSTER FUND VIII, LP | $43,198 | $51,421 | $51,421 |
| ALL BOOK VALUES ARE SHOWN USING TAX BASIS |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WESTMINSTER FUND V, LP | $14 | $3,046 | $3,046 |
| WESTMINSTER FUND VI, LP | $14,164 | $8,181 | $8,181 |
| WESTMINSTER FUND VIII, LP | $43,198 | $51,421 | $51,421 |
| ALL BOOK VALUES ARE SHOWN USING TAX BASIS |
Other Assets Schedule OtherAssetsSchedule
Other Assets Schedule OtherAssetsScheduleGrp (4 entries)
| DescDesc | BOY Book ValueBOYBookValueAmt | EOY Book ValueEOYBookValueAmt | EOYFMVEOYFMVAmt |
|---|---|---|---|
| WESTMINSTER FUND V, LP | $14 | $3,046 | $3,046 |
| WESTMINSTER FUND VI, LP | $14,164 | $8,181 | $8,181 |
| WESTMINSTER FUND VIII, LP | $43,198 | $51,421 | $51,421 |
| ALL BOOK VALUES ARE SHOWN USING TAX BASIS |
Other Decreases Schedule OtherDecreasesSchedule
Other Decreases Detail OtherDecreasesDetail (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| NONDEDUCTIBLE EXPENSES FROM LIMITED PARTNERSHIPS | $390 |
| DIFFERENCE BETWEEN BOOK/TAX GAIN | $7,634 |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (4 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|---|
| FILING FEES | $10 | $10 | |
| MISC INVESTMENT EXPENSES FROM LIMITED PARTNERSHIPS | $2,553 | $2,553 | |
| MISC INVESTMENT EXPENSES | $103 | $103 | |
| BANK FEES | $85 | $85 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (9 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| WESTMINSTER FUND V LP | -$19 | -$19 |
| WESTMINSTER FUND VI LP | -$902 | -$902 |
| WESTMINSTER FUND VIII LP | -$2,278 | -$2,278 |
| ELLINGTON FINANCIAL LLC | $16,017 | $16,017 |
| ENERGY TRANSFER PARTNERS, LP | -$1,488 | -$1,488 |
| ALLIANCEBERNSTEIN HOLDINGS, LP | $310 | $310 |
| TERRA NITROGEN COMPANY, LP | -$1,605 | -$1,605 |
| KINDER MORGAN ENERGY PARTNERS, LP | -$1,872 | -$1,872 |
| JPM ALERIAN MLP | $5,472 | $5,472 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| FOREIGN TAXES | $557 | $557 |
| EXCISE TAXES | $2,100 | $2,100 |