STRATEGY STUDIO / PUBLIC DATA EXPLORER

AVRUM GRAY FAMILY FUND: Form 990PF, tax year 2025

View the entire original 990 at ProPublica ↗

Organization
AVRUM GRAY FAMILY FUND (EIN 20-1533159)
Tax period
2025-01-01 to 2025-12-31
Filed
2026-05-05
IRS object ID
202611259349100436
Schema version
2025v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2026-05-05T07:21:03-07:00ReturnTs
Tax Period End2025-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN872720198PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1FRIMAN SIMON & COBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1900 SKOKIE BOULEVARD SUITE 208AddressLine1Txt
CityNORTHBROOKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Return Type990PFReturnTypeCd
Tax Period Begin2025-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN201533159EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1AVRUM GRAY FAMILY FUNDBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlAVRUBusinessNameControlTxt
Phone3129674211PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line117W110 22ND STREET 650AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonAVRUM GRAYPersonNm
Person TitleVice PresidentPersonTitleTxt
Signature2026-05-05SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonMARVIN W FRIMANPreparerPersonNm
PTINP00320885PTIN
Phone8475620400PhoneNum
FieldValueIRS element (for citing)
Tax2025TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-PF IRS990PF

FieldValueIRS element (for citing)
Organization501c3 Exempt PFYes (X)Organization501c3ExemptPFInd
FMV Assets EOY$0FMVAssetsEOYAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

FieldValueIRS element (for citing)
Contri Rcvd Rev And Expnss$20,300ContriRcvdRevAndExpnssAmt
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Dividends Rev And Expnss$465,918DividendsRevAndExpnssAmt
Dividends Net Invst Incm$465,918DividendsNetInvstIncmAmt
Dividends Adj Net Incm$465,918DividendsAdjNetIncmAmt
Net Gain Sale Ast Rev And Expnss$25,906NetGainSaleAstRevAndExpnssAmt
Gross Sales Price$214,762GrossSalesPriceAmt
Cap Gain Net Incm Net Invst Incm$25,906CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm$50NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss$1,826OtherIncomeRevAndExpnssAmt
Other Income Adj Net Incm$1,826OtherIncomeAdjNetIncmAmt
Total Rev And Expnss$513,950TotalRevAndExpnssAmt
Total Net Invst Incm$491,824TotalNetInvstIncmAmt
Total Adj Net Incm$467,794TotalAdjNetIncmAmt
Accounting Fees Rev And Expnss$3,720AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm$3,720AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm$3,720AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps$3,720AccountingFeesChrtblPrpsAmt
Taxes Rev And Expnss$10,892TaxesRevAndExpnssAmt
Taxes Net Invst Incm$10,892TaxesNetInvstIncmAmt
Taxes Adj Net Incm$10,892TaxesAdjNetIncmAmt
Taxes Dsbrs Chrtbl$10,892TaxesDsbrsChrtblAmt
Other Expenses Rev And Expnss$873OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm$873OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm$873OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl$873OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss$15,485TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm$15,485TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm$15,485TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl$15,485TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss$1,166,771ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl$1,166,771ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss$1,182,256TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm$15,485TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm$15,485TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl$1,182,256TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses-$668,306ExcessRevenueOverExpensesAmt
Net Investment Income$476,339NetInvestmentIncomeAmt
Adjusted Net Income$452,309AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

FieldValueIRS element (for citing)
Cash BOY$7,532,820CashBOYAmt
Cash EOY$6,388,180CashEOYAmt
Corporate Stock BOY$10,584,515CorporateStockBOYAmt
Corporate Stock EOY$11,060,849CorporateStockEOYAmt
Total Assets BOY$18,117,335TotalAssetsBOYAmt
Total Assets EOY$17,449,029TotalAssetsEOYAmt
Total Assets EOYFMV$0TotalAssetsEOYFMVAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Org Does Not Follow FASB117Yes (X)OrgDoesNotFollowFASB117Ind
Capital Stock BOY$18,117,335CapitalStockBOYAmt
Capital Stock EOY$17,449,029CapitalStockEOYAmt
Tot Net Ast Or Fund Balances BOY$18,117,335TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY$17,449,029TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY$18,117,335TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY$17,449,029TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

FieldValueIRS element (for citing)
Tot Net Ast Or Fund Balances BOY$18,117,335TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses-$668,306ExcessRevenueOverExpensesAmt
Subtotal$17,449,029SubtotalAmt
Tot Net Ast Or Fund Balances EOY$17,449,029TotNetAstOrFundBalancesEOYAmt

Cap Gains Loss Tx Invst Incm Detail CapGainsLossTxInvstIncmDetail

Cap Gains Loss Tx Invst Incm CapGainsLossTxInvstIncmGrp (2 entries)

PropertyPropertyDescHow AcquiredHowAcquiredCdAcquiredAcquiredDtSoldSoldDtGross Sales PriceGrossSalesPriceAmtCost Or Other BasisCostOrOtherBasisAmtGain Or LossGainOrLossAmtGains Minus Excess Or LossesGainsMinusExcessOrLossesAmt
GABELLI - 6598 STCG COVEREDP2025-12-312025-12-31$45,800$45,750$50$50
GABELLI - 6598 LTCG COVEREDP2013-12-312025-12-31$168,962$143,106$25,856$25,856
FieldValueIRS element (for citing)
Capital Gain Net Income$25,906CapitalGainNetIncomeAmt
Net Short Term Capital Gain Loss$50NetShortTermCapitalGainLossAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

FieldValueIRS element (for citing)
Investment Income Excise Tax$6,621InvestmentIncomeExciseTaxAmt
Subtotal$6,621SubtotalAmt
Tax Based On Investment Income$6,621TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx$10,315EstimatedPlusOvpmtIncmTxAmt
Total Payments And Credits$10,315TotalPaymentsAndCreditsAmt
Overpayment$3,694OverpaymentAmt
Applied To ES Tax$3,694AppliedToESTaxAmt

Statements Regarding Acty StatementsRegardingActyGrp

FieldValueIRS element (for citing)
Legislative Political ActyfalseLegislativePoliticalActyInd
More Than100 SpentfalseMoreThan100SpentInd
Form1120 POL FiledfalseForm1120POLFiledInd
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Changes To Articles Or BylawsfalseChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Section508e Rqr SatisfiedYes (true)Section508eRqrSatisfiedInd
At Least5000 In AssetsYes (true)AtLeast5000InAssetsInd
Form990 PF Filed With Atty GenYes (true)Form990PFFiledWithAttyGenInd
Private Operating FoundationfalsePrivateOperatingFoundationInd
New Substantial ContributorsfalseNewSubstantialContributorsInd
Own Controlled EntityfalseOwnControlledEntityInd
Donor Advised FundfalseDonorAdvisedFundInd
Comply With Public Insp RqrYes (true)ComplyWithPublicInspRqrInd
Website AddressN/AWebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

FieldValueIRS element (for citing)
Business Name Line1AVRUM GRAYBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3129674211PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

FieldValueIRS element (for citing)
Address Line117W110 22ND STREET - SUITE 650AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Foreign Accounts QuestionfalseForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

FieldValueIRS element (for citing)
Sale Or Exch Disqualified PrsnfalseSaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified PrsnfalseBrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified PrsnfalseFurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified PrsnfalsePayCompDisqualifiedPrsnInd
Transfer Ast Disqualified PrsnfalseTransferAstDisqualifiedPrsnInd
Payment To Government OfficialfalsePaymentToGovernmentOfficialInd
Acts Fail To Qlfy As ExceptionsfalseActsFailToQlfyAsExceptionsInd
Uncorrected Prior ActsfalseUncorrectedPriorActsInd
Undistributed Income PYfalseUndistributedIncomePYInd
Business HoldingsfalseBusinessHoldingsInd
Jeopardy InvestmentsfalseJeopardyInvestmentsInd
Uncorrected PY Jeopardy InvstfalseUncorrectedPYJeopardyInvstInd
Influence LegislationfalseInfluenceLegislationInd
Influence ElectionfalseInfluenceElectionInd
Grants To IndividualsfalseGrantsToIndividualsInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Noncharitable PurposefalseNoncharitablePurposeInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht PymtfalseSubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (4 entries)

Address Line1USAddress/AddressLine1TxtCityUSAddress/CityNmState AbbreviationUSAddress/StateAbbreviationCdZIPUSAddress/ZIPCdTitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmt
AVRUM GRAY
13353 PROVENCE DRIVEPALM BEACH GARDENSFL33410V.P., TREAS0.00$0
JAMES GRAY
17W110 22ND STREET - SUIT 650OAKBROOK TERRACEIL60181Vice Pres.0.00$0
LORI GRAY FAVERSHAM
1420 N LAKE SHORE DRIVE - 3BCHICAGOIL60610President0.00$0
MATTHEW GRAY
17W110 22ND PLACE - SUITE 650OAKBROOK TERRACEIL60181VICE PRES.0.00$0
FieldValueIRS element (for citing)
Comp Of Hghst Pd Empl Or NONENONECompOfHghstPdEmplOrNONETxt
Comp Of Hghst Pd Cntrct Or NONENONECompOfHghstPdCntrctOrNONETxt

Minimum Investment Return MinimumInvestmentReturnGrp

FieldValueIRS element (for citing)
Average Monthly FMV Of Sec$17,049,257AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances$6,868,031AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast$0FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets$23,917,288TotalFMVOfUnusedAssetsAmt
Reduction Claimed$0ReductionClaimedAmt
Adjusted Total FMV Of Unused Ast$23,917,288AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable$358,759CashDeemedCharitableAmt
Net Vl Noncharitable Assets$23,558,529NetVlNoncharitableAssetsAmt
Minimum Investment Return$1,177,926MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

FieldValueIRS element (for citing)
Minimum Investment Return$1,177,926MinimumInvestmentReturnAmt
Tax Based On Investment Income$6,621TaxBasedOnInvestmentIncomeAmt
Total Tax$6,621TotalTaxAmt
Distributable Before Adj$1,171,305DistributableBeforeAdjAmt
Distributable Before Ded$1,171,305DistributableBeforeDedAmt
Distributable As Adjusted$1,171,305DistributableAsAdjustedAmt

PF Qualifying Distributions PFQualifyingDistributionsGrp

FieldValueIRS element (for citing)
Expenses And Contributions$1,182,256ExpensesAndContributionsAmt
Qualifying Distributions$1,182,256QualifyingDistributionsAmt

Undistributed Income UndistributedIncomeGrp

FieldValueIRS element (for citing)
Distributable As Adjusted$1,171,305DistributableAsAdjustedAmt
Excess Distribution Cyov Yr4$12,418ExcessDistributionCyovYr4Amt
Total Excess Distribution Cyov$12,418TotalExcessDistributionCyovAmt
Qualifying Distributions$1,182,256QualifyingDistributionsAmt
Treated As Distri From Corpus$0TreatedAsDistriFromCorpusAmt
Applied To Current Year$1,171,305AppliedToCurrentYearAmt
Remaining Distri From Corpus$10,951RemainingDistriFromCorpusAmt
Total Corpus$23,369TotalCorpusAmt
Undistributed Income CY$0UndistributedIncomeCYAmt
Excess Distri Cyov To Next Yr$23,369ExcessDistriCyovToNextYrAmt
Excess From Year4$12,418ExcessFromYear4Amt
Excess From Current Year$10,951ExcessFromCurrentYearAmt

Supplementary Information SupplementaryInformationGrp

Application Submission Info ApplicationSubmissionInfoGrp

FieldValueIRS element (for citing)
Recipient PersonAVRUM GRAYRecipientPersonNm

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line117W110 22ND STREET - SUITE 650AddressLine1Txt
CityOAKBROOK TERRACECityNm
State AbbreviationILStateAbbreviationCd
ZIP60181ZIPCd
FieldValueIRS element (for citing)
Recipient Phone3129674211RecipientPhoneNum
Form And Info And MaterialsGENERAL REQUESTFormAndInfoAndMaterialsTxt
Submission DeadlinesNONESubmissionDeadlinesTxt
Restrictions On AwardsNONERestrictionsOnAwardsTxt

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1SEE ATTACHED SCHEDULEBusinessNameLine1Txt

Recipient US Address RecipientUSAddress

FieldValueIRS element (for citing)
Address Line1SEE ATTACHED SCHEDULEAddressLine1Txt
CityCHICAGOCityNm
State AbbreviationILStateAbbreviationCd
ZIP60605ZIPCd
FieldValueIRS element (for citing)
Recipient Foundation StatusPCRecipientFoundationStatusCd
Grant Or Contribution PurposeSEE ATTACHED SCHEDULEGrantOrContributionPurposeTxt
Amt$1,166,771Amt
FieldValueIRS element (for citing)
Total Grant Or Contri Pd Dur Yr$1,166,771TotalGrantOrContriPdDurYrAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Dividends And Interest From Sec Dtl DividendsAndInterestFromSecDtl

FieldValueIRS element (for citing)
Exclusion14ExclusionCd
Exclusion$465,918ExclusionAmt

Other Investment Income OtherInvestmentIncomeGrp

FieldValueIRS element (for citing)
Exclusion$1,826ExclusionAmt

Gain Sales Ast Oth Than Invntry GainSalesAstOthThanInvntryGrp

FieldValueIRS element (for citing)
Related Or Exempt Function Incm$25,906RelatedOrExemptFunctionIncmAmt

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

FieldValueIRS element (for citing)
Exclusion$467,744ExclusionAmt
Related Or Exempt Function Incm$25,906RelatedOrExemptFunctionIncmAmt
FieldValueIRS element (for citing)
Total Income Producing Acty$493,650TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

FieldValueIRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EOfalseTrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EOfalseTrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of AssetsfalseSalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EOfalsePurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth AssetsfalseRentalOfFacilitiesOthAssetsInd
Reimbursement ArrangementsfalseReimbursementArrangementsInd
Loans Or Loan GuaranteesfalseLoansOrLoanGuaranteesInd
Performance Of Services EtcfalsePerformanceOfServicesEtcInd
Sharing Of Facilities EtcfalseSharingOfFacilitiesEtcInd
Relationships Nonchrtbl EOfalseRelationshipsNonchrtblEOInd

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

FieldValueIRS element (for citing)
CategoryACCOUNTING FEESCategoryTxt
Amt$3,720Amt
Net Investment Income$3,720NetInvestmentIncomeAmt
Adjusted Net Income$3,720AdjustedNetIncomeAmt
Disbursements Charitable Prps$3,720DisbursementsCharitablePrpsAmt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (3 entries)

DescDescRevenue And Expenses Per BooksRevenueAndExpensesPerBooksAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
ADR FEES$848$848$848$848
ILLINOIS CHARITY BUREAU FUND$15$15$15$15
SECRETARY OF STATE$10$10$10$10

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail

FieldValueIRS element (for citing)
DescOther Investment IncomeDesc
Revenue And Expenses Per Books$1,826RevenueAndExpensesPerBooksAmt
Adjusted Net Income$1,826AdjustedNetIncomeAmt

Taxes Schedule TaxesSchedule

Taxes Detail TaxesDetail (2 entries)

CategoryCategoryTxtAmtAmtNet Investment IncomeNetInvestmentIncomeAmtAdjusted Net IncomeAdjustedNetIncomeAmtDisbursements Charitable PrpsDisbursementsCharitablePrpsAmt
FEDERAL INCOME TAXES$8,500$8,500$8,500$8,500
FOREIGN INCOME TAXES$2,392$2,392$2,392$2,392