SQUARE ONE FOUNDATION: Form 990PF, tax year 2013
View the entire original 990 at ProPublica ↗
- Organization
- SQUARE ONE FOUNDATION (EIN 36-6068835)
- Tax period
- 2013-01-01 to 2013-12-31
- Filed
- 2014-11-06
- IRS object ID
- 201443109349100209
- 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
- Schedule B
- Contractor Compensation Expln
- Other Expenses Schedule
- Other Income Schedule2
- Taxes Schedule
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2014-11-06T09:40:59-08:00 | ReturnTs |
| Tax Period End | 2013-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Gray Hunter Stenn LLP | BusinessNameLine1 |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1200 Harger Road Suite 521 | AddressLine1 |
| City | Oak Brook | City |
| State | IL | State |
| ZIP Code | 605231819 | 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 | 366068835 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Square One Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | SQUA | BusinessNameControlTxt |
| Phone | 3126665500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 W Erie Street | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Priscilla Kersten | PersonNm |
| Person Title | Foundation Manager | PersonTitleTxt |
| Signature | 2014-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Charles M Arbetter | PreparerPersonNm |
| PTIN | P00199316 | PTIN |
| Phone | 6305714900 | PhoneNum |
| 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 | $45,854,528 | FMVAssetsEOYAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contri Rcvd Rev And Expnss | $5,000,000 | ContriRcvdRevAndExpnssAmt |
| Interest On Sav Rev And Expnss | $38,634 | InterestOnSavRevAndExpnssAmt |
| Interest On Sav Net Invst Incm | $38,634 | InterestOnSavNetInvstIncmAmt |
| Dividends Rev And Expnss | $507,096 | DividendsRevAndExpnssAmt |
| Dividends Net Invst Incm | $507,096 | DividendsNetInvstIncmAmt |
| Net Gain Sale Ast Rev And Expnss | $1,096,505 | NetGainSaleAstRevAndExpnssAmt |
| Gross Sales Price | $2,475,178 | GrossSalesPriceAmt |
| Cap Gain Net Incm Net Invst Incm | $1,052,597 | CapGainNetIncmNetInvstIncmAmt |
| Other Income Rev And Expnss | $398,754 | OtherIncomeRevAndExpnssAmt |
| Other Income Net Invst Incm | $390,112 | OtherIncomeNetInvstIncmAmt |
| Total Rev And Expnss | $7,040,989 | TotalRevAndExpnssAmt |
| Total Net Invst Incm | $1,988,439 | TotalNetInvstIncmAmt |
| Interest Rev And Expnss | $89,404 | InterestRevAndExpnssAmt |
| Interest Net Invst Incm | $89,404 | InterestNetInvstIncmAmt |
| Taxes Rev And Expnss | $57,942 | TaxesRevAndExpnssAmt |
| Taxes Net Invst Incm | $23,841 | TaxesNetInvstIncmAmt |
| Other Expenses Rev And Expnss | $504,746 | OtherExpensesRevAndExpnssAmt |
| Other Expenses Net Invst Incm | $504,216 | OtherExpensesNetInvstIncmAmt |
| Tot Opr Expenses Rev And Expnss | $652,092 | TotOprExpensesRevAndExpnssAmt |
| Tot Opr Expenses Net Invst Incm | $617,461 | TotOprExpensesNetInvstIncmAmt |
| Tot Opr Expenses Dsbrs Chrtbl | $0 | TotOprExpensesDsbrsChrtblAmt |
| Contri Paid Rev And Expnss | $2,699,199 | ContriPaidRevAndExpnssAmt |
| Contri Paid Dsbrs Chrtbl | $2,699,199 | ContriPaidDsbrsChrtblAmt |
| Total Expenses Rev And Expnss | $3,351,291 | TotalExpensesRevAndExpnssAmt |
| Total Expenses Net Invst Incm | $617,461 | TotalExpensesNetInvstIncmAmt |
| Total Expenses Dsbrs Chrtbl | $2,699,199 | TotalExpensesDsbrsChrtblAmt |
| Excess Revenue Over Expenses | $3,689,698 | ExcessRevenueOverExpensesAmt |
| Net Investment Income | $1,370,978 | NetInvestmentIncomeAmt |
Form990 PF Balance Sheets Form990PFBalanceSheetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cash BOY | $11,786 | CashBOYAmt |
| Cash EOY | $31,786 | CashEOYAmt |
| Cash EOYFMV | $31,786 | CashEOYFMVAmt |
| Other Investments BOY | $38,210,476 | OtherInvestmentsBOYAmt |
| Other Investments EOY | $45,822,742 | OtherInvestmentsEOYAmt |
| Other Investments EOYFMV | $45,822,742 | OtherInvestmentsEOYFMVAmt |
| Total Assets BOY | $38,222,262 | TotalAssetsBOYAmt |
| Total Assets EOY | $45,854,528 | TotalAssetsEOYAmt |
| Total Assets EOYFMV | $45,854,528 | TotalAssetsEOYFMVAmt |
| Total Liabilities EOY | $0 | TotalLiabilitiesEOYAmt |
| Organization Follows SFAS117 | Yes (X) | OrganizationFollowsSFAS117Ind |
| Unrestricted BOY | $38,222,262 | UnrestrictedBOYAmt |
| Unrestricted EOY | $45,854,528 | UnrestrictedEOYAmt |
| Tot Net Ast Or Fund Balances BOY | $38,222,262 | TotNetAstOrFundBalancesBOYAmt |
| Tot Net Ast Or Fund Balances EOY | $45,854,528 | TotNetAstOrFundBalancesEOYAmt |
| Total Liabilities Net Ast BOY | $38,222,262 | TotalLiabilitiesNetAstBOYAmt |
| Total Liabilities Net Ast EOY | $45,854,528 | TotalLiabilitiesNetAstEOYAmt |
Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tot Net Ast Or Fund Balances BOY | $38,222,262 | TotNetAstOrFundBalancesBOYAmt |
| Excess Revenue Over Expenses | $3,689,698 | ExcessRevenueOverExpensesAmt |
| Other Increases | $3,942,568 | OtherIncreasesAmt |
| Subtotal | $45,854,528 | SubtotalAmt |
| Tot Net Ast Or Fund Balances EOY | $45,854,528 | TotNetAstOrFundBalancesEOYAmt |
Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail
Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (6 entries)
| PropertyPropertyDesc | How AcquiredHowAcquiredCd | AcquiredAcquiredDt | SoldSoldDt | Gross Sales PriceGrossSalesPriceAmt | Gain Or LossGainOrLossAmt | Gains Minus Excess Or LossesGainsMinusExcessOrLossesAmt | Cost Or Other BasisCostOrOtherBasisAmt |
|---|---|---|---|---|---|---|---|
| Partnership Net 1231 Gains | P | 2001-01-01 | 2013-01-01 | $11,339 | $11,339 | $11,339 | |
| Partnership Net 1256 losses | P | 2001-01-01 | 2013-01-01 | -$29,934 | -$29,934 | $29,934 | |
| Northern Trust - #23-48067 See Attached | P | 2013-01-01 | 2013-01-01 | $39,703 | $3,307 | $3,307 | $36,396 |
| Northern Trust - #23-48067 See Attached | P | 2001-01-01 | 2013-01-01 | $1,531,496 | $225,362 | $225,362 | $1,306,134 |
| Partnership Long Term Captial Gain | P | 2001-01-01 | 2013-01-01 | $816,410 | $816,410 | $816,410 | |
| Partnership Short Term Capital Gain | P | 2013-01-01 | 2013-01-01 | $26,113 | $26,113 | $26,113 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Capital Gain Net Income | $1,052,597 | CapitalGainNetIncomeAmt |
| Net Short Term Capital Gain Loss | $29,420 | NetShortTermCapitalGainLossAmt |
Qlfy Und Sect4940e Reduced Tax QlfyUndSect4940eReducedTaxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Liable Section4942 Tax | false | LiableSection4942TaxInd |
| Adjusted Qlfy Distri Yr1 | $818,542 | AdjustedQlfyDistriYr1Amt |
| Net Vl Noncharitable Assets Yr1 | $34,103,542 | NetVlNoncharitableAssetsYr1Amt |
| Distribution Yr1 | 0.02400 | DistributionYr1Rt |
| Adjusted Qlfy Distri Yr2 | $841,385 | AdjustedQlfyDistriYr2Amt |
| Net Vl Noncharitable Assets Yr2 | $28,106,462 | NetVlNoncharitableAssetsYr2Amt |
| Distribution Yr2 | 0.02994 | DistributionYr2Rt |
| Adjusted Qlfy Distri Yr3 | $2,333,491 | AdjustedQlfyDistriYr3Amt |
| Net Vl Noncharitable Assets Yr3 | $26,801,192 | NetVlNoncharitableAssetsYr3Amt |
| Distribution Yr3 | 0.08707 | DistributionYr3Rt |
| Adjusted Qlfy Distri Yr4 | $902,213 | AdjustedQlfyDistriYr4Amt |
| Net Vl Noncharitable Assets Yr4 | $29,838,237 | NetVlNoncharitableAssetsYr4Amt |
| Distribution Yr4 | 0.03024 | DistributionYr4Rt |
| Adjusted Qlfy Distri Yr5 | $1,477,009 | AdjustedQlfyDistriYr5Amt |
| Net Vl Noncharitable Assets Yr5 | $24,081,637 | NetVlNoncharitableAssetsYr5Amt |
| Distribution Yr5 | 0.06133 | DistributionYr5Rt |
| Total Distribution | 0.23258 | TotalDistributionRt |
| Average Distribution | 0.04652 | AverageDistributionRt |
| Net Vl Noncharitable Assets | $39,501,838 | NetVlNoncharitableAssetsAmt |
| Adj Net Vl Noncharitable Assets | $1,837,428 | AdjNetVlNoncharitableAssetsAmt |
| Net Investment Income Pct | $13,710 | NetInvestmentIncomePctAmt |
| Adj Nonchrtbl Net Invst Incm Pct | $1,851,138 | AdjNonchrtblNetInvstIncmPctAmt |
| Qualifying Distributions | $2,699,199 | 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 | $13,710 | InvestmentIncomeExciseTaxAmt |
| Subtotal | $13,710 | SubtotalAmt |
| Tax Based On Investment Income | $13,710 | TaxBasedOnInvestmentIncomeAmt |
| Estimated Plus Ovpmt Incm Tx | $23,243 | EstimatedPlusOvpmtIncmTxAmt |
| Total Payments And Credits | $23,243 | TotalPaymentsAndCreditsAmt |
| Form2220 Attached | Yes (X) | Form2220AttachedInd |
| Overpayment | $9,533 | OverpaymentAmt |
| Applied To ES Tax | $9,533 | 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 | IL | 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 | Priscilla Kersten | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3126665500 | PhoneNum |
Location Of Books US Address LocationOfBooksUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 W Erie St | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60610 | 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 |
| Acts Fail To Qlfy As Exceptions | false | ActsFailToQlfyAsExceptionsInd |
| Uncorrected Prior Acts | false | UncorrectedPriorActsInd |
| Undistributed Income PY | false | UndistributedIncomePYInd |
| Undistr Incm Sect4942a2 Not App | false | UndistrIncmSect4942a2NotAppInd |
| Business Holdings | false | BusinessHoldingsInd |
| Excess Business Holdings | false | ExcessBusinessHoldingsInd |
| 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 |
| Transactions Fail To Qlfy As Exc | false | TransactionsFailToQlfyAsExcInd |
| Maintained Expenditure Rspns | false | MaintainedExpenditureRspnsInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Proceeds Or Net Income | false | ProceedsOrNetIncomeInd |
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 |
|---|---|---|---|---|---|---|
| Priscilla Kersten | ||||||
| 701 W Erie St | Chicago | IL | 60610 | Pres, Dir | 0.00 | $0 |
| Walter Roth | ||||||
| 30 N LaSalle | Chicago | IL | 60610 | Asst Sec, Dir | 0.00 | $0 |
| Steven A Kersten | ||||||
| 701 W Erie Street | Chicago | IL | 60610 | Secy,Treas, Dir | 0.00 | $0 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Comp Of Hghst Pd Empl Or NONE | NONE | CompOfHghstPdEmplOrNONETxt |
Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)
| Address Line1USAddress/AddressLine1 | CityUSAddress/City | StateUSAddress/State | ZIP CodeUSAddress/ZIPCode | Service TypeServiceTypeTxt | CompensationCompensationAmt |
|---|---|---|---|---|---|
| Cambridge Associates LLC | |||||
| 100 Summer Street | Boston | MA | 02110 | Investment advisory | $107,680 |
| Northern Trust | |||||
| 50 South LaSalle Street | Chicago | IL | 60675 | Investment advisory | $57,715 |
Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description1 | NONE | Description1Txt |
| Expenses1 | $0 | Expenses1Amt |
Minimum Investment Return MinimumInvestmentReturnGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Average Monthly FMV Of Sec | $0 | AverageMonthlyFMVOfSecAmt |
| Average Monthly Cash Balances | $31,786 | AverageMonthlyCashBalancesAmt |
| FMV All Other Noncharitable Ast | $40,071,603 | FMVAllOtherNoncharitableAstAmt |
| Total FMV Of Unused Assets | $40,103,389 | TotalFMVOfUnusedAssetsAmt |
| Reduction Claimed | $0 | ReductionClaimedAmt |
| Adjusted Total FMV Of Unused Ast | $40,103,389 | AdjustedTotalFMVOfUnusedAstAmt |
| Cash Deemed Charitable | $601,551 | CashDeemedCharitableAmt |
| Net Vl Noncharitable Assets | $39,501,838 | NetVlNoncharitableAssetsAmt |
| Minimum Investment Return | $1,975,092 | MinimumInvestmentReturnAmt |
Distributable Amount DistributableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Minimum Investment Return | $1,975,092 | MinimumInvestmentReturnAmt |
| Tax Based On Investment Income | $13,710 | TaxBasedOnInvestmentIncomeAmt |
| Total Tax | $13,710 | TotalTaxAmt |
| Distributable Before Adj | $1,961,382 | DistributableBeforeAdjAmt |
| Distributable Before Ded | $1,961,382 | DistributableBeforeDedAmt |
| Distributable As Adjusted | $1,961,382 | DistributableAsAdjustedAmt |
Qualifying Distri Part XII QualifyingDistriPartXIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expenses And Contributions | $2,699,199 | ExpensesAndContributionsAmt |
| Qualifying Distributions | $2,699,199 | QualifyingDistributionsAmt |
| Pct Sect4940e Org Net Invst Incm | $13,710 | PctSect4940eOrgNetInvstIncmAmt |
| Adjusted Qualifying Distri | $2,685,489 | AdjustedQualifyingDistriAmt |
Undistributed Income UndistributedIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Distributable As Adjusted | $1,961,382 | DistributableAsAdjustedAmt |
| Undistributed Income PY | $514,670 | UndistributedIncomePYAmt |
| Qualifying Distributions | $2,699,199 | QualifyingDistributionsAmt |
| Applied To Year1 | $514,670 | AppliedToYear1Amt |
| Treated As Distri From Corpus | $0 | TreatedAsDistriFromCorpusAmt |
| Applied To Current Year | $1,961,382 | AppliedToCurrentYearAmt |
| Remaining Distri From Corpus | $223,147 | RemainingDistriFromCorpusAmt |
| Total Corpus | $223,147 | TotalCorpusAmt |
| Undistributed Income CY | $0 | UndistributedIncomeCYAmt |
| Excess Distri Cyov To Next Yr | $223,147 | ExcessDistriCyovToNextYrAmt |
| Excess From Current Year | $223,147 | ExcessFromCurrentYearAmt |
Supplementary Information SupplementaryInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributing Manager | Priscilla Kersten | ContributingManagerNm |
| Contributing Manager | Steven A Kersten | ContributingManagerNm |
| Only Contri To Preselected | Yes (X) | OnlyContriToPreselectedInd |
Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Person | SEE ATTACHED LIST | RecipientPersonNm |
Recipient US Address RecipientUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | N/A | AddressLine1 |
| City | NA | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient Relationship | N/A | RecipientRelationshipTxt |
| Recipient Foundation Status | PC | RecipientFoundationStatusTxt |
| Grant Or Contribution Purpose | GENERAL CHARITABLE PURPOSE | GrantOrContributionPurposeTxt |
| Amt | $2,699,199 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Grant Or Contri Pd Dur Yr | $2,699,199 | TotalGrantOrContriPdDurYrAmt |
Analysis Income Producing Acty AnalysisIncomeProducingActyGrp
Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $38,634 | ExclusionAmt |
Div And Int From Sec Part VII DivAndIntFromSecPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $507,096 | ExclusionAmt |
Other Investment Incm Part VII OtherInvestmentIncmPartVIIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Exclusion | 14 | ExclusionCd |
| Exclusion | $390,112 | ExclusionAmt |
Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $43,908 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | 18 | ExclusionCd |
| Exclusion | -$18,595 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,071,192 | RelatedOrExemptFunctionIncmAmt |
Other Revenue Described OtherRevenueDescribedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Unrelated Business Income | Desc |
| Business | 900001 | BusinessCd |
| Unrelated Business Taxbl Incm | $8,642 | UnrelatedBusinessTaxblIncmAmt |
Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Unrelated Business Taxbl Incm | $52,550 | UnrelatedBusinessTaxblIncmAmt |
| Exclusion | $917,247 | ExclusionAmt |
| Related Or Exempt Function Incm | $1,071,192 | RelatedOrExemptFunctionIncmAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Income Producing Acty | $2,040,989 | 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 | Steven Kersten | ContributorPersonNm |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 701 W ERIE ST | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60610 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | $5,000,000 | TotalContributionsAmt |
| Person Contribution | Yes (X) | PersonContributionInd |
Contractor Compensation Expln ContractorCompensationExpln
Contractor Comp Expln ContractorCompExplnGrp (2 entries)
| Cambridge Associates LLC |
| Northern Trust |
Other Expenses Schedule OtherExpensesSchedule
Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Investment management fees, etc. | $471,463 | $471,463 |
| Non Deductible penalties and interest | $530 | |
| Other pass-through expenses | $32,753 | $32,753 |
Other Income Schedule2 OtherIncomeSchedule2
Other Income Detail OtherIncomeDetail (2 entries)
| DescDesc | Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Other Investment Income | $390,112 | $390,112 |
| Unrelated Business Income | $8,642 |
Taxes Schedule TaxesSchedule
Taxes Detail TaxesDetail (2 entries)
| CategoryCategoryTxt | AmtAmt | Net Investment IncomeNetInvestmentIncomeAmt |
|---|---|---|
| Federal and Illinois Taxes | $34,101 | |
| Foreign taxes paid | $23,841 | $23,841 |