Form990-PF

Department of the Treasury
Internal Revenue Service
Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter Social Security numbers on this form as it may be made public. By law, the IRS cannot redact the information on the form.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2013
Open to Public Inspection
For calendar year 2013, or tax year beginning 01-01-2013 , and ending 12-31-2013
Name of foundation
KULHANEK FAMILY FOUNDATION
 

Number and street (or P.O. box number if mail is not delivered to street address)8525 KEARNEY ROAD   Room/suite
City or town, state or province, country, and ZIP or foreign postal code
DOWNERS GROVE, IL60516
A Employer identification number

20-8064848
B Telephone number (see instructions)

C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$688,684J Accounting method:
 
(Part I, column (d) must be on cash basis.)
F bullet
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet
3 Interest on savings and temporary cash investments 7 7  
4 Dividends and interest from securities...... 11,092 11,092  
5a Gross rents..............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment -24,103
b Gross sales price for all assets on line 6a 2,002,200
7 Capital gain net income (from Part IV, line 2)... 4,382
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ -13,004 15,481  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 310      
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions) Click to see attachment 265      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 5,994 5,879    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 6,569 5,879   0
25 Contributions, gifts, grants paid........ 107,210 107,210
26 Total expenses and disbursements. Add lines 24 and 25 113,779 5,879   107,210
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -126,783
b Net investment income (if negative, enter -0-) 9,602
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2013)
Form 990-PF (2013)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)		 Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing...............      
2 Savings and temporary cash investments.......... 82,714 64,127 64,127
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use...............      
9 Prepaid expenses and deferred charges...........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)........ 8,881 Click to see attachment131,017 131,017
c Investments—corporate bonds (attach schedule)........      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans..............      
13 Investments—other (attach schedule)........... 642,643 Click to see attachment493,540 493,540
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 734,238 688,684 688,684
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable...................    
19 Deferred revenue..................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)..........   0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted....................    
25 Temporarily restricted................    
26 Permanently restricted................    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds......... 734,238 688,684
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see page 17 of the
instructions).................... 734,238 688,684
31 Total liabilities and net assets/fund balances (see page 17 of
the instructions).................. 734,238 688,684
Part III Analysis of Changes in Net Assets or Fund Balances
1 Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree
with end-of-year figure reported on prior year’s return)............... 1 734,238
2 Enter amount from Part I, line 27a..................... 2 -126,783
3 Other increases not included in line 2 (itemize) bulletClick to see attachment 3 81,229
4 Add lines 1, 2, and 3.......................... 4 688,684
5 Decreases not included in line 2 (itemize) bullet 5  
6 Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30. 6 688,684
Form 990-PF (2013)
Form 990-PF (2013)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.) 		(b) How acquired
P—Purchase
D—Donation 		(c) Date acquired
(mo., day, yr.) 		(d) Date sold
(mo., day, yr.)
1a
b
c
d
e
(e) Gross sales price (f) Depreciation allowed
(or allowable) 		(g) Cost or other basis
plus expense of sale 		(h) Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l) Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i) F.M.V. as of 12/31/69 (j) Adjusted basis
as of 12/31/69 		(k) Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,382
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 . . . . . . . . . . . . . . . . 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see page 18 of the instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2012 52,902 735,354 0.071941
2011 36,255 737,313 0.049172
2010 103,753 745,166 0.139235
2009 60,174 786,058 0.076552
2008 51,712 865,736 0.059732
2 Total of line 1, column (d) ...................... 2 0.396632
3 Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years. . . 		3 0.079326
4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5..... 4 701,071
5 Multiply line 4 by line 3....................... 5 55,613
6 Enter 1% of net investment income (1% of Part I, line 27b)........... 6 96
7 Add lines 5 and 6......................... 7 55,709
8 Enter qualifying distributions from Part XII, line 4.............. 8 107,210
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See
the Part VI instructions.
Form 990-PF (2013)
Form 990-PF (2013)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bulletand enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 96
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2............................ 3 96
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-). 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 96
6 Credits/Payments:
a 2013 estimated tax payments and 2012 overpayment credited to 2013 6a  
b Exempt foreign organizations—tax withheld at source....... 6b
c Tax paid with application for extension of time to file (Form 8868) 6c 96
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 96
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2014 estimated taxBullet   RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes (see page 19 of
the instructions for definition)?............................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XV.
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2013 or the taxable year beginning in 2013 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses.
    10
     
    No
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. (see instructions) .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement (see instructions).................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJON SEGAL Telephone no.bullet (847) 240-1040
    Located atbullet1101 PERIMETER DR SUITE 760SCHAUMBURGIL ZIP+4bullet60173
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2013, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country?
    16   No
    See instructions for exceptions and filing requirements for Form TD F 90-22.1. If "Yes", enter the name of the
    foreign country bullet  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 5
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?.........................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?.................
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).........
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance (see page 20 of the instructions)?...
    1b
     
     
    .........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2013?.............
    1c
     
     
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2013, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2013?...............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?.........................
    b
    If "Yes," did it have excess business holdings in 2013 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2013.)....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2013?
    4b
     
    No
    5a
    During the year did the foundation pay or incur any amount to:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?...............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 509(a)(1), (2), or (3), or section 4940(d)(2)? (see instructions)........
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?........
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance (see instructions)? ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?............
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?........................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 6
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation (see instructions).
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to
    employee benefit plans
    and deferred compensation     		(e) Expense account,
    other allowances
    JERRY KULHANEKClick to see attachment DIRECTOR
    1.00     		0 0 0
    8525 KEARNEY RD
    DOWNERS GROVE,IL60516
    JULIE KULHANEKClick to see attachment DIRECTOR
    1.00     		0 0 0
    8525 KEARNEY RD
    DOWNERS GROVE,IL60516
    PAUL T SAHARACKClick to see attachment DIRECTOR
    1.00     		0 0 0
    25 E WASHNGTON STE 1000
    CHICAGO,IL60602
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1
     
    2  
    3  
    4  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 7
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    2  
    All other program-related investments. See page 24 of the instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,
    see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
     
    b
    Average of monthly cash balances.......................
    1b
     
    c
    Fair market value of all other assets (see instructions)................
    1c
     
    d
    Total (add lines 1a, b, and c).........................
    1d
     
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
     
    3
    Subtract line 2 from line 1d.........................
    3
     
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
     
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
     
    6
    Minimum investment return. Enter 5% of line 5..................
    6
     
    Part XI
    Distributable Amount bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    35,054
    2a
    Tax on investment income for 2013 from Part VI, line 5......
    2a
    96
    b
    Income tax for 2013. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    96
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    34,958
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    34,958
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII,
    line 1................................
    7
    34,958
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
     
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
     
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
     
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 8
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2012     		(c)
    2012     		(d)
    2013
    1 Distributable amount for 2013 from Part XI, line 7 34,958
    2 Undistributed income, if any, as of the end of 2013:
    a Enter amount for 2012 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2013:
    a From 2008....... 8,425
    b From 2009....... 22,109
    c From 2010....... 66,629
    d From 2011.......  
    e From 2012....... 16,399
    fTotal of lines 3a through e......... 113,562
    4Qualifying distributions for 2013 from Part
    XII, line 4: bullet$ 107,210
    a Applied to 2012, but not more than line 2a  
    b Applied to undistributed income of prior years
    (Election required—see instructions)......     		 
    c Treated as distributions out of corpus (Election
    required—see instructions).........     		 
    d Applied to 2013 distributable amount..... 34,958
    e Remaining amount distributed out of corpus 72,252
    5 Excess distributions carryover applied to 2013.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 185,814
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ...........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2012. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2013. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2014 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (see
    instructions) .............     		 
    8Excess distributions carryover from 2008 not
    applied on line 5 or line 7 (see instructions) ...     		8,425
    9Excess distributions carryover to 2014.
    Subtract lines 7 and 8 from line 6a ......     		177,389
    10 Analysis of line 9:
    a Excess from 2009.... 22,109
    b Excess from 2010.... 66,629
    c Excess from 2011....  
    d Excess from 2012.... 16,399
    e Excess from 2013.... 72,252
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 9
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2013, enter the date of the ruling.......bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2013 (b) 2012 (c) 2011 (d) 2010
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used
    directly for active conduct of exempt activities ...........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the organization had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 10
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    ACTS E & W INC
    PO BOX 1128
    BOLINGBROOK,IL60440     		  501(C)(3) CHARITABLE CONTRIBUTION 6,000
    COMPASSION
    12290 VOYAGER PARKWAY
    COLORADO SPRINGS,CO80997     		  501(C)(3) CHARITABLE CONTRIBUTON 350
    K LOVE
    1550 NE LOOP 410
    SUITE 202
    SAN ANTONIO,TX78209     		  501(C)(3) CHARITABLE CONTRIBUTION 3,000
    MORNINGSTAR MISSIONS
    350 EAST WASHINGTON ST
    JOLIET,IL60433     		  501(C)(3) CHARITABLE CONTRIBUTION 800
    PROVIDENCE CATHOLIC SCHOOL
    1800 W LINCOLN HWY
    NEW LENNOX,IL60451     		  501(C)(3) CHARITABLE CONTRIBUTION 3,500
    ST ALPHONSUS CHURCH
    20W145 DAVEY RD
    LEMONT,IL60439     		  501(C)(3) CHARITABLE CONTRIBUTION 7,500
    ST ALPHONSUSST PATRICK S
    20W145 DAVEY RD
    LEMONT,IL60439     		  501(C)(3) CHARITABLE CONTRIBUTION 1,950
    WORLD VISION
    PO BOX 9716 DEPT W
    FEDERAL WAY,WA98063     		  501(C)(3) CHARITABLE CONTRIBUTION 2,110
    FEED MY STARVING CHILDREN
    401 93RD AVE NW
    COON RAPIDS,MN55433     		  501(C)(3) CHARITABLE CONTRIBUTION 1,500
    COMMUNITY CHRISTIAN
    102 STEPHEN STREET
    LEMONT,IL60439     		  501(C)(3) CHARITABLE ORGANIZATION 60,500
    BISHOP KNOLL INSTITUTE
    1519 HOFFMAN ST
    HAMMOND,IN46327     		  501(C)(3) CHARITABLE ORGANIZATION 1,000
    BOY SCOUTS OF AMERICA
    415 N 2ND ST
    ST CHARLES,IL60174     		  501(C)(3) CHARITABLE CONTRIBUTIONS 3,500
    AMERICAN CANCER SOCIETY
    PO BOX 22718
    OKLAHOMA CITY,OK73123     		  501(C)(3) CHARITABLE CONTRIBUTIONS 1,000
    AVON WALK FOR BREAST CANCER
    4147 N RAVENSWOOD AVE
    3RD FLOOR SUITE 300
    CHICAGO,IL60613     		  501(C)(3) CHARITABLE CONTRIBUTIONS 500
    FEED THE ORPHANS
    505 CAVE CREEK ROAD
    LOUDON,TN37774     		  501(C)(3) CHARITABLE CONTRIBUTIONS 1,500
    EVEREST ACADEMY
    11550 BELL ROAD
    LEMONT,IL60439     		  501(C)(3) CHARITABLE CONTRIBUTIONS 10,000
    NAFI EDUCATION FOUNDATION
    3101 E MILHAM AVE
    PORTAGE,MI49002     		  501(C)(3) CHARITABLE CONTRIBUTIONS 1,500
    NORMAN B BARR CAMP
    PO BOX 70
    WILLIAMS BAY,WI53191     		  501(C)(3) CHARITABLE CONTRIBUTIONS 1,000
    Total .................................bullet 3a 107,210
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 11
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3
    Interest on savings and temporary cash investments ............     		    14 7  
    4 Dividends and interest from securities....     14 11,092  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property .............     		         
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory .............     		    14 4,382 -28,485
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e)..   15,481 -28,485
    13Total. Add line 12, columns (b), (d), and (e)..................
    13-13,004
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2013)
    Form 990-PF (2013)
    Page 12
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political
    Yes
    No
    organizations?
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) of the Code (other than section 501(c)(3)) or in section 527?...........
    b
    If "Yes," complete the following schedule.
    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer or fiduciary) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's namebullet



    Firm's addressbullet







         		Firm's EINbullet
    Phone no.
    Form 990-PF (2013)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2013 CompensationExplanation
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Person Name Explanation
    JERRY KULHANEK  
    JULIE KULHANEK  
    PAUL T SAHARACK  

    Note: To capture the full content of this document, please select landscape mode (11" x 8.5") when printing.

    TY 2013 GainLossSaleOtherAssetsSch
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    3D SYSTEMS CORP 2013-01 PURCHASE 2013-12   975 1,187     -212  
    ACCURAY INC 2011-06 PURCHASE 2013-04   1,396 2,420     -1,024  
    ADVANCE AUTO PARTS INC 2013-04 PURCHASE 2013-12   7,260 5,595     1,665  
    ALASKA AIR GROUP INC 2013-01 PURCHASE 2013-07   3,089 2,522     567  
    ALNYLAM PHARMACEUTICALS INC 2013-09 PURCHASE 2013-11   1,702 2,005     -303  
    AMERICAN EQUITY INVESTMENT 2013-01 PURCHASE 2013-12   1,810 1,705     105  
    AMERICAN INTL GROUP INC 2008-08 PURCHASE 2013-04   2,105 23,574     -21,469  
    AMERICAN INTL GROUP INC WARRANT 2011-01 PURCHASE 2013-05   467 424     43  
    ARM HOLDINGS PLC SPONS 2013-01 PURCHASE 2013-06   2,306 2,655     -349  
    ASML HOLDING NV 2013-01 PURCHASE 2013-06   2,546 2,653     -107  
    AVIS BUDGET GROUP INC 2013-01 PURCHASE 2013-08   3,140 3,053     87  
    BANK OF AMERICA CORP 2013-01 PURCHASE 2013-08   3,319 2,861     458  
    BARCLAYS ETN S&P VEQTOR 2013-01 PURCHASE 2013-02   6,838 6,817     21  
    BEST BUY INC 2013-09 PURCHASE 2013-12   2,039 2,004     35  
    BLACKROCK EMERGING MKT 2013-01 PURCHASE 2013-12   17,961 18,542     -581  
    BUCKEYE TECHNOLOGIES INC 2013-04 PURCHASE 2013-12   4,203 4,210     -7  
    CANADIAN PACIFIC RAILWAY LTD 2013-01 PURCHASE 2013-07   2,904 2,671     233  
    CANADIAN SOLAR INC 2013-01 PURCHASE 2013-12   1,933 1,854     79  
    CELIDEX THERAPEUTICS INC 2013-09 PURCHASE 2013-10   1,633 2,020     -387  
    CHINA PRECISION STEEL INC 2011-03 PURCHASE 2013-04   1,747 27,039     -25,292  
    CLEAN HARBORS INC 2013-01 PURCHASE 2013-12   7,852 7,459     393  
    COMMVAULT SYSTEMS INC 2013-01 PURCHASE 2013-05   2,712 2,821     -109  
    COMPUTER SCIENCES CORP 2013-01 PURCHASE 2013-06   2,754 2,768     -14  
    CONNS INC 2013-05 PURCHASE 2013-12   4,208 2,583     1,625  
    CONSTELLATION BRANDS INC 2013-01 PURCHASE 2013-02   1,037 1,272     -235  
    COPA HOLDINGS SA 2013-01 PURCHASE 2013-02   1,231 1,219     12  
    CREE INC 2013-05 PURCHASE 2013-11   2,354 2,545     -191  
    CYMER INC 2013-01 PURCHASE 2013-05   540       540  
    DIAMONDBACK ENERGY INC 2013-09 PURCHASE 2013-12   2,437 1,997     440  
    DYCOM INDUSTRIES INC 2013-04 PURCHASE 2013-12   14,600 10,516     4,084  
    EBAY INC 2013-01 PURCHASE 2013-03   1,263 1,278     -15  
    EVERCORE PARTNERS CM 2013-03 PURCHASE 2013-04   1,167 1,424     -257  
    FIRST EAGLE GLOBAL A 2013-01 PURCHASE 2013-12   26,366 24,519     1,847  
    FIRST EAGLE GLOBAL A 2012-01 PURCHASE 2013-12   26,848 24,436     2,412  
    FLEETCOR TECHONOLOGIES INC 2013-01 PURCHASE 2013-12   4,762 2,847     1,915  
    GATEWAY FUND A 2013-01 PURCHASE 2013-12   13,600 12,713     887  
    GATEWAY FUND A 2012-01 PURCHASE 2013-12   24,002 22,896     1,106  
    GENESEE & WYOMING CI A 2013-01 PURCHASE 2013-12   3,296 2,974     322  
    GILEAD SCIENCES INC 2013-05 PURCHASE 2013-12   3,443 2,566     877  
    GREAT LAKES DREDGE & DOCK CORP 2013-01 PURCHASE 2013-12   6,416 5,416     1,000  
    HERITAGE-CRYSTAL CLEAN INC 2013-04 PURCHASE 2013-05   2,967 3,172     -205  
    HERTZ GLOBAL HLDGS INC 2013-05 PURCHASE 2013-12   2,269 2,576     -307  
    HOVNANIAN ENTERPRISES INC 2013-01 PURCHASE 2013-02   986 1,325     -339  
    HUNTINGTON INGALLS INDUSTRIES INC 2013-01 PURCHASE 2013-12   1,934 1,807     127  
    INFINITY PHARMACEUTICALS INC 2013-03 PURCHASE 2013-04   1,152 1,403     -251  
    ISHARES MSCI ALL PERU 2013-01 PURCHASE 2013-12   3,796 3,983     -187  
    ISHARES MSCI BRAZIL INDEX 2013-01 PURCHASE 2013-07   3,649 3,558     91  
    ISHARES MSCI EAFE 2013-01 PURCHASE 2013-12   35,369 32,258     3,111  
    ISHARES MSCI HONG KONG INDEX 2013-01 PURCHASE 2013-10   3,781 3,445     336  
    ISHARES MSCI INDIA INDEX 2013-06 PURCHASE 2013-07   3,659 3,646     13  
    ISHARES MSCI SOUTH KOREA INDEX 2013-01 PURCHASE 2013-12   6,294 6,017     277  
    ISHARES MSCI TURKEY 2013-06 PURCHASE 2013-06   3,363 3,186     177  
    ISHARES MSCI UNITED KINGDOM INDEX 2013-12 PURCHASE 2013-12   244 249     -5  
    ISHARES RUSSELL 2000 2013-01 PURCHASE 2013-12   74,313 69,096     5,217  
    ISHARES S&P 500 INDEX 2013-01 PURCHASE 2013-12   70,259 66,859     3,400  
    ISHARES S&P MIDCAP 400 INDEX 2013-01 PURCHASE 2013-12   94,121 91,998     2,123  
    JINKOSOLAR HOLDING CO LTD 2013-01 PURCHASE 2013-12   1,225 1,139     86  
    KEURIG GREEN MOUNTAIN INC 2013-01 PURCHASE 2013-11   2,969 2,721     248  
    KRISPY KREME DOUGHNUT CP 2013-01 PURCHASE 2013-12   3,732 2,849     883  
    LIBERTY GLOBAL PLC A 2013-01 PURCHASE 2013-12   630 760     -130  
    LIBERTY GLOBAL PLC C 2013-01 PURCHASE 2013-12   436 531     -95  
    LINKEDIN CORP 2013-01 PURCHASE 2013-12   3,262 2,699     563  
    LIONS GATE ENTERTAINMENT CORP 2013-01 PURCHASE 2013-12   2,098 2,438     -340  
    LKQ CORPORATION 2013-04 PURCHASE 2013-12   6,681 4,492     2,189  
    LOUISIANA PACIFIC CORP 2013-01 PURCHASE 2013-05   3,023 3,020     3  
    MAINSTAY MARKETFIELD 2013-01 PURCHASE 2013-12   21,288 18,449     2,839  
    MAINSTAY MARKETFIELD 2012-01 PURCHASE 2013-12   22,059 19,318     2,741  
    MARKET VECTORS EMERGING MKTS 2013-01 PURCHASE 2013-12   5,621 6,197     -576  
    MARKET VECTORS RUSSIA 2013-01 PURCHASE 2013-12   7,123 6,744     379  
    MARTEN TRANSPORT LTD 2013-04 PURCHASE 2013-12   5,186 3,778     1,408  
    MARTIN MARIETTA MATERIALS INC 2013-04 PURCHASE 2013-12   8,851 8,490     361  
    MCKESSON CORPORATION 2013-01 PURCHASE 2013-12   1,761 1,753     8  
    MELCO PBL ENTERTAINMENT ADS 2013-01 PURCHASE 2013-12   4,956 2,629     2,327  
    MICRON TECHNOLOGY INC 2013-01 PURCHASE 2013-12   3,456 2,730     726  
    MID-AMERICA APARTMENT COMMUNITIES 2013-01 PURCHASE 2013-12   8,474 9,417     -943  
    MOBILE MINI INC 2013-04 PURCHASE 2013-12   16,544 11,512     5,032  
    MONRO MUFFLER BRAKE INC 2013-04 PURCHASE 2013-12   1,114 909     205  
    NATIXIS ASG GLOBAL ALTERNATIVES 2013-01 PURCHASE 2013-12   8,779 7,921     858  
    NATIXIS ASG GLOBAL ALTERNATIVES 2012-05 PURCHASE 2013-05   16,563 14,774     1,789  
    NETFLIX INC 2013-01 PURCHASE 2013-12   4,763 2,585     2,178  
    NPS PHARMACEUTICALS INC 2013-01 PURCHASE 2013-11   2,239 2,877     -638  
    NU SKIN ENTERPRISES INC 2013-01 PURCHASE 2013-12   2,185 2,104     81  
    PENN VA CORP 2012-01 PURCHASE 2013-04   2,121 25,182     -23,061  
    PERMANENT FUND 2013-01 PURCHASE 2013-12   14,405 15,507     -1,102  
    PERMANENT FUND 2012-01 PURCHASE 2013-12   22,550 22,587     -37  
    PHARMACYCLICS INC 2013-03 PURCHASE 2013-04   1,125 1,332     -207  
    PILGRIM'S PRIDE CORP 2013-01 PURCHASE 2013-12   6,441 5,023     1,418  
    PIMCO GLOBAL MULTI-ASSET 2013-01 PURCHASE 2013-12   23,566 24,346     -780  
    PIMCO GLOBAL MULTI-ASSET 2012-01 PURCHASE 2013-09   16,050 17,159     -1,109  
    POWERSHARES DB COMMODITY INDEX 2013-01 PURCHASE 2013-02   19,459 19,951     -492  
    PRIMORIS SVCS CORP 2013-08 PURCHASE 2013-12   7,352 5,544     1,808  
    PROSHARES ULTRA MIDCAP 400 2013-01 PURCHASE 2013-12   53,883 51,697     2,186  
    PROSHARES ULTRA RUSSELL 2000 2013-01 PURCHASE 2013-12   48,320 42,099     6,221  
    PROSHARES ULTRA S&P 500 2013-01 PURCHASE 2013-12   44,792 40,518     4,274  
    QIHOO 360 TECHNOLOGY CO LTD 2013-01 PURCHASE 2013-12   4,556 4,860     -304  
    RADIAN GROUP INC 2013-05 PURCHASE 2013-06   2,113 2,590     -477  
    RAMBO MEDICAL GROUP INC 2012-01 PURCHASE 2013-04   302 28,071     -27,769  
    RAND LOGISTICS INC 2013-01 PURCHASE 2013-12   1,546 1,533     13  
    REGENERON PHARMACEUTICALS 2013-01 PURCHASE 2013-02   950 1,102     -152  
    RITE AID CORPORATION 2013-01 PURCHASE 2013-12   5,295 4,919     376  
    ROYCE TOTAL RETURN SVC 2013-01 PURCHASE 2013-12   21,010 20,734     276  
    RYLAND GROUP INC 2013-01 PURCHASE 2013-07   2,692 2,789     -97  
    SBA COMMUNICATIONS CORP 2013-01 PURCHASE 2013-02   1,202 1,301     -99  
    SCS TRANSPORTATION 2013-04 PURCHASE 2013-12   11,332 8,775     2,557  
    SPDR S&P 500 ETF TRUST 2013-01 PURCHASE 2013-12   40,846 38,665     2,181  
    STARZ 2013-01 PURCHASE 2013-12   3,296 2,674     622  
    STRATASYS INC 2013-01 PURCHASE 2013-02   1,031 1,241     -210  
    TENET HEALTHCARE CORP 2013-01 PURCHASE 2013-08   2,841 2,648     193  
    TESLA MOTORS INC 2013-01 PURCHASE 2013-11   2,106 2,762     -656  
    USG CORP 2013-01 PURCHASE 2013-04   1,189 1,286     -97  
    VANGUARD REIT INDEX ETF 2013-01 PURCHASE 2013-12   33,930 31,113     2,817  
    VIRGIN MEDIA INC 2013-01 PURCHASE 2013-06   595       595  
    VISA INC 2013-01 PURCHASE 2013-02   1,094 1,110     -16  
    WABTEC 2013-01 PURCHASE 2013-12   5,541 5,133     408  
    WASATCH LONG/SHORT 2013-01 PURCHASE 2013-12   20,546 19,989     557  
    WELLS FARGO ADV ABSOLUTE RETURN 2013-01 PURCHASE 2013-12   18,965 18,699     266  
    WHIRLPOOL CORP 2013-01 PURCHASE 2013-07   2,939 2,710     229  
    YELP INC 2013-01 PURCHASE 2013-12   4,404 4,582     -178  
    DRIEHAUS ACTIVE INCOME FUND 2013-01 PURCHASE 2013-12   18,542 18,540     2  
    ISHARES 3-7 YEAR TREASURY BOND 2013-01 PURCHASE 2013-12   131,450 131,532     -82  
    ISHARES BARCLAYS 20+ YR TREASURY BND 2013-04 PURCHASE 2013-04   14,095 13,848     247  
    ISHARES BARCLAYS MBS FIXED RATE BOND 2013-01 PURCHASE 2013-12   19,094 19,579     -485  
    ISHARES FLOATING RATE 2013-01 PURCHASE 2013-12   22,489 22,605     -116  
    ISHARES INC EMERGING MKTS HIGH YLD 2013-01 PURCHASE 2013-12   4,086 4,559     -473  
    ISHARES JP MORGAN USD EMERGING MKTS 2013-01 PURCHASE 2013-12   3,626 3,966     -340  
    JANUS FLEXIBLE BOND 2013-01 PURCHASE 2013-12   2,733 2,800     -67  
    JANUS FLEXIBLE BOND 2012-01 PURCHASE 2013-12   73,811 73,776     35  
    JANUS SHORT TERM BOND 2013-01 PURCHASE 2013-12   38,070 37,942     128  
    JANUS SHORT TERM BOND 2012-01 PURCHASE 2013-12   73,621 73,574     47  
    LORD ABBETT SHORT DURATION INCOME 2013-01 PURCHASE 2013-12   36,556 36,470     86  
    MARKET VECTORS TR INTL HIGH YLD 2013-04 PURCHASE 2013-10   3,658 3,673     -15  
    METROPOLITAN WEST TOTAL RTN BD 2013-01 PURCHASE 2013-09   17,926 18,589     -663  
    MKT VEC EMER H/Y 2013-01 PURCHASE 2013-12   5,081 5,388     -307  
    PIMCO 0-5 YEAR HIGH YLD CORPORATE BD 2013-01 PURCHASE 2013-12   8,158 8,159     -1  
    PIMCO EMERGING MARKETS BOND 2013-01 PURCHASE 2013-09   17,178 18,663     -1,485  
    PIMCO HIGH YIELD 2013-01 PURCHASE 2013-12   18,766 18,970     -204  
    PIMCO REAL RETURN 2013-01 PURCHASE 2013-12   5,437 5,510     -73  
    PIMCO REAL RETURN 2012-01 PURCHASE 2013-09   15,641 17,540     -1,899  
    PIMCO SHORT-TERM D 2013-01 PURCHASE 2013-12   18,203 18,109     94  
    PIMCO TOTAL RETURN 2013-01 PURCHASE 2013-09   3,885 3,986     -101  
    PIMCO TOTAL RETURN 2012-01 PURCHASE 2013-12   72,622 72,026     596  
    PROSHARES ULTRA 7-10 YEAR TREASURY 2013-01 PURCHASE 2013-12   62,698 64,033     -1,335  
    PROSHARES VIX SHORT TERM FUTURES 2013-01 PURCHASE 2013-12   4,836 5,628     -792  
    PROTO LABS INC 2013-01 PURCHASE 2013-12   2,341 2,627     -286  
    RIDGEWORTH SEIX FLOATING RATE INCOME 2013-01 PURCHASE 2013-12   18,816 18,822     -6  
    RIDGEWORTH US GOVT SEC 2013-01 PURCHASE 2013-04   486 482     4  
    RIDGEWORTH US GOVT SEC 2012-01 PURCHASE 2013-04   47,192 46,787     405  
    SPDR BARCLAYS HIGH YIELD BOND 2013-04 PURCHASE 2013-06   3,515 3,651     -136  
    TEMPLETON GOLBAL BOND 2013-01 PURCHASE 2013-12   17,725 16,318     1,407  
    TEMPLETON GLOBAL BOND 2012-01 PURCHASE 2013-12   35,300 33,239     2,061  
    VANGUARD INTERMEDIATE TERM CORP BOND 2013-01 PURCHASE 2013-12   9,454 9,993     -539  
    VANGUARD SHORT TERM BOND 2013-01 PURCHASE 2013-12   14,008 14,151     -143  
    VANGUARD SHORT TERM CORP BOND 2013-01 PURCHASE 2013-12   12,899 13,063     -164  

    TY 2013 InvestmentsCorpStockSchedule
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AMERICAN INTL GROUP INC    
    PENN VIRGINIA CORP    
    VIPER RES INC NEV    
    CHINA PRECISION STEEL    
    ACCURAY    
    ADVANCE AUTO PARTS INC 5,534 5,534
    AMERN EQTY INVT LIFE HLD 1,820 1,820
    BEST BUY INC 2,034 2,034
    CANADIAN SOLAR INC 1,700 1,700
    CLEAN HARBORS INC 6,416 6,416
    CONNS INC 4,249 4,249
    DIAMONDBACK ENERGY INC 2,433 2,433
    DYCOM INDUSTRIES INC 10,588 10,588
    FLEETCOR TECHNOLOGIES 4,804 4,804
    GENESEE & WYOMING CL A 2,689 2,689
    GILEAD SCIENCES INC 3,455 3,455
    GREAT LAKES DREDGE CORP 4,729 4,729
    HUNTINGTON INGALLS INDS 1,800 1,800
    JINKOSOLAR HLDG CO ADR F 1,201 1,201
    KRISPY KREME DOUGHNUT CP 3,009 3,009
    LKQ CORP 5,527 5,527
    MARTEN TRANSPORT LTD 4,563 4,563
    MARTIN MARIETTA MATRLS 7,196 7,196
    MCKESSON CORPORATION 1,614 1,614
    MELCO CROWN ENTMT ADR F 4,981 4,981
    MICRON TECHNOLOGY INC 3,458 3,458
    MOBILE MINI INC 12,189 12,189
    NETFLIX INC 4,786 4,786
    NU SKIN ENTERPRISES CL A 2,073 2,073
    PRIMORIS SERVICES CORP 6,382 6,382
    PROTO LABS INC 2,349 2,349
    QIHOO 360 TECH CO ADR F 1,723 1,723
    RAND LOGISITICS INC 981 981
    RITE AID CORPORATION 1,852 1,852
    SAIA INC 9,968 9,968
    STARZ SER A 3,304 3,304
    YELP INC CLASS A 1,517 1,517
    3 D SYSTEMS CORP 93 93

    TY 2013 InvestmentsOtherSchedule2
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    AMERICAN INTL WARRANTS FMV    
    ASG GLOBAL ALTERNATIVES FMV    
    FIRST EAGLE GLOBAL FUND FMV 30,538 30,538
    GATEWAY FUND CL A FMV 16,603 16,603
    ISHARES CORE S&P ETF FMV 35,593 35,593
    ISHARES TR BARCLAYS BOND FMV    
    ISHARES TR MSCI EAFE FD FMV    
    JANUS FLEXIBLE BD FD CL FMV 16,395 16,395
    JANUS SHORT TERM BOND FMV 32,975 32,975
    MAINSTAY MARKETFIELD FMV 16,900 16,900
    PERMANENT PORTFOLIO FMV 18,096 18,096
    PIMCO REAL RETURN FUND FMV    
    PIMCO TOTAL RETURN FUND FMV    
    PIMCO GLOBAL MULTI FMV    
    PROSHARES ULT MIDCAP 400 FMV 20,812 20,812
    PROSHARES ULTRA ETF FMV    
    RIDGEWORTH US GOV SEC FMV    
    SPDR S&P DIVIDEND ETF FMV    
    TEMPLETON GLOBAL BOND FMV 16,643 16,643
    VANGUARD REIT FMV    
    DRIEHAUS ACTIVE INCM FD FMV 16,401 16,401
    LORD ABBETT SHORT DUR FMV 32,920 32,920
    PIMCO HIGH YIELD FUND CL FMV 16,421 16,421
    PIMCO SHORT TERM CL D FMV 16,476 16,476
    RIDGEWORTH SEIX FLOAT FMV 16,575 16,575
    BLACKROCK EMRG MKT LONG FMV 17,961 17,961
    ROYCE TOTAL RETURN FUND FMV 16,544 16,544
    WASATCH LONG SHORT FD FMV 16,386 16,386
    WELLS FARGO ADVTG ABSLT FMV 16,704 16,704
    ISHARES CORE S&P ETF FMV 35,274 35,274
    ISHARES ETF FMV 2,711 2,711
    ISHARES ETF FMV 6,086 6,086
    ISHARES MSCI ETF FMV 3,299 3,299
    ISHARES MSCI KOREA ETF FMV 2,263 2,263
    ISHARES MSCI UTD KINGDM FMV 251 251
    ISHARES TRUST FMV 8,261 8,261
    MARKET VECTORS ETF FMV 2,678 2,678
    MARKET VECTORS ETF FMV 2,119 2,119
    MARKET VECTORS ETF TRUST FMV 3,089 3,089
    MID AMER APT CMNTYS INC FMV 7,714 7,714
    PIMCO ETF FMV 5,743 5,743
    PROSHARES ULTRA S&P 500 FMV 21,025 21,025
    PROSHARES VIX ETF NEW FMV 3,994 3,994
    VANGUARD BOND INDEX FUND FMV 6,314 6,314
    VANGUARD CORP BOND ETF FMV 5,872 5,872
    VANGUARD CORP BOND ETF FMV 5,904 5,904

    TY 2013 LegalFeesSchedule
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 310      


    TY 2013 OtherExpensesSchedule
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    FILING FEES 115      
    ADVISORY FEES 5,879 5,879    


    TY 2013 OtherIncreasesSchedule
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Description Amount
    UNREALIZED GAINS 81,229


    TY 2013 TaxesSchedule
    Name:
    KULHANEK FAMILY FOUNDATION
    EIN: 20-8064848
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TAX 265