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.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
HAROLD M & ADELINE S MORRISON FAMILY
FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)50 E WASHINGTON STREET No 430
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60602
A Employer identification number

36-7090069
B Telephone number (see instructions)

(312) 494-4513
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$12,675,026J Accounting method:
 
(Part I, column (d) must be on cash basis.)
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) 5,351
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 52,676 52,676  
4 Dividends and interest from securities... 444,019 444,019  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 626,544
b Gross sales price for all assets on line 6a 756,161
7 Capital gain net income (from Part IV, line 2)... 626,544
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)....... Click to see attachment 128,869 128,869  
12 Total. Add lines 1 through 11........ 1,257,459 1,252,108  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 60,000 0   60,000
14 Other employee salaries and wages...... 20,500 0   20,500
15 Pension plans, employee benefits....... 1,800 0   1,800
16a Legal fees (attach schedule)......... Click to see attachment 9,500 0   9,500
b Accounting fees (attach schedule)....... Click to see attachment 4,250 0   0
c Other professional fees (attach schedule).... Click to see attachment 52,221 29,721   0
17 Interest............... 6,903 6,903   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 32,172 14   6,158
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 6,000 0   6,000
21 Travel, conferences, and meetings....... 10,806 0   10,806
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 11,461 7,590   3,871
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 215,613 44,228   118,635
25 Contributions, gifts, grants paid....... 658,454 658,454
26 Total expenses and disbursements. Add lines 24 and 25 874,067 44,228   777,089
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 383,392
b Net investment income (if negative, enter -0-) 1,207,880
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Form 990-PF (2015)
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......... 1,245,845 412,223 412,223
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)....... 3,180,851 Click to see attachment4,037,397 6,463,186
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).......... 5,222,784 Click to see attachment5,628,123 5,797,522
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment23,500 Click to see attachment2,095 Click to see attachment2,095
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 9,672,980 10,079,838 12,675,026
Liabilities 17 Accounts payable and accrued expenses.......... 537  
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)......... 537 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........ 299,581 706,976
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 9,372,862 9,372,862
30 Total net assets or fund balances (see instructions)..... 9,672,443 10,079,838
31 Total liabilities and net assets/fund balances (see instructions). 9,672,980 10,079,838
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
9,672,443
2
Enter amount from Part I, line 27a .....................
2
383,392
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
24,003
4
Add lines 1, 2, and 3 ..........................
4
10,079,838
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
10,079,838
Form 990-PF (2015)
Form 990-PF (2015)
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.)
1 a capital gains through K-1s P    
b RBC CAPITAL MARKETS (CEDAR HILL) DETAILS UPON REQUEST P    
c 1499 SHS FIRST HORIZON NTNL CORP P    
d 7263 SHS JPM D    
e Capital Gains Dividends P    
(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 11,480     11,480
b 127,804   126,043 1,761
c 23,903   1,199 22,704
d 583,654   2,375 581,279
e 9,320     9,320
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       11,480
b       1,761
c       22,704
d       581,279
e       9,320
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 2 626,544
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 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))
2014 543,019 11,357,113 0.047813
2013 565,353 9,429,462 0.059956
2012 519,880 8,110,303 0.064101
2011 477,371 7,958,469 0.059983
2010 455,387 7,918,765 0.057507
2
Total of line 1, column (d) .....................
20.289360
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
0.057872
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
12,375,002
5
Multiply line 4 by line 3......................
5
716,166
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
12,079
7
Add lines 5 and 6........................
7
728,245
8
Enter qualifying distributions from Part XII, line 4.............
8
777,089
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 (2015)
Form 990-PF (2015)
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 Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 12,079
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 0
3 Add lines 1 and 2........................... 3 12,079
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 12,079
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 23,905
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 33,905
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 21,826
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet21,826 RefundedBullet 11 0
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 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
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 2015 or the taxable year beginning in 2015 (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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 ofbulletFIC CO DAVE GERVASE Telephone no.bullet (312) 494-4513

    Located atbullet50 E WASHINGTON ST SUITE 400CHICAGOIL ZIP+4bullet60602
    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 2015, 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 FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    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 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 2015?.............
    1c
     
    No
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    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 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (Continued)
    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 4945(d)(4)(A)? (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 (2015)
    Form 990-PF (2015)
    Page 7
    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
    ADELINE S MORRISON TRUSTEE
    1.00     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    AMY HEINRICH DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    BRUCE BOYD DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    CHARLES BRINLEY DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    HAROLD M MORRISON TRUSTEE
    1.00     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    HELEN MORRISON DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    JUSTIN DAAB DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    LOIS MORRISON EXEC. DIRECTOR
    25.00     		60,000 1,800 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    MARGOT BRINLEY DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    CHICAGO,IL60602
    ROB HEINRICH DIRECTOR
    0.50     		0 0 0
    50 E WASHINGTON ST SUITE 430
    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 0
    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.............bullet0
    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  
    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  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 8
    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
    5,280,744
    b
    Average of monthly cash balances.......................
    1b
    819,405
    c
    Fair market value of all other assets (see instructions)................
    1c
    6,463,305
    d
    Total (add lines 1a, b, and c).........................
    1d
    12,563,454
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    12,563,454
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    188,452
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    12,375,002
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    618,750
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    618,750
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    12,079
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    12,079
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    606,671
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    606,671
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    606,671
    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
    777,089
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    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
    777,089
    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
    12,079
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    765,010
    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 (2015)
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2014     		(c)
    2014     		(d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 606,671
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011......  
    c From 2012......  
    d From 2013...... 122,039
    e From 2014...... 23,725
    fTotal of lines 3a through e........ 145,764
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 777,089
    a Applied to 2014, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2015 distributable amount..... 606,671
    e Remaining amount distributed out of corpus 170,418
    5 Excess distributions carryover applied to 2015. 0 0
    (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 5 316,182
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    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......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......     		316,182
    10 Analysis of line 9:
    a Excess from 2011....  
    b Excess from 2012....  
    c Excess from 2013.... 122,039
    d Excess from 2014.... 23,725
    e Excess from 2015.... 170,418
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 10
    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 2015, 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) 2015 (b) 2014 (c) 2013 (d) 2012
             
    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).)
    LOIS MORRISON
    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 or email address 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 (2015)
    Form 990-PF (2015)
    Page 11
    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
    Yellowstone Park Foundation
    222 East Main Street Suite 301
    BOZEMAN,MT59715     		NONE PC GENERAL SUPPORT 500
    Yale School of Forestry & Environ Studies
    Director of Development Alumni
    Services 195 Prospect Street
    New Haven,CT06511     		NONE PC GENERAL SUPPORT 13,750
    World Wildlife Fund
    406 G Street Suite 301
    ANCHORAGE,AK99501     		NONE PC GENERAL SUPPORT 5,750
    WFAE 907 FM
    8801 JM Keynes Drive Suite 91
    CHARLOTTE,NC28262     		NONE PC GENERAL SUPPORT 1,000
    Waukegan to College
    410 Grand Avenue
    WAUKEGAN,IL60085     		NONE PC GENERAL SUPPORT 1,000
    Waukegan Public Library Foundation
    128 N County Street
    WAUKEGAN,IL60085     		NONE SO I GENERAL SUPPORT 9,000
    Union Theological Seminary
    3041 Broadway
    NEW YORK,NY10027     		NONE PC GENERAL SUPPORT 2,000
    The Nature Conservancy in Illinois
    8 South Michigan Ave Suite 900
    CHICAGO,IL60603     		NONE PC GENERAL SUPPORT 2,000
    The Lunch Project
    3126 Selwyn Avenue
    CHARLOTTE,NC28209     		NONE PC GENERAL SUPPORT 2,000
    The Field Museum
    1400 S Lake Shore Drive
    CHICAGO,IL60605     		NONE PC GENERAL SUPPORT 1,500
    Sitka Conservation Society
    PO Box 6533
    SITKA,AK99835     		NONE PC GENERAL SUPPORT 1,000
    Reading Power Inc
    736 N Western Ave Suite 226
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT 1,000
    Ravinia Festival
    418 Sheridan Road
    HIGHLAND PARK,IL60035     		NONE PC GENERAL SUPPORT 20,500
    Rare
    1310 N Courthouse Road Suite 110
    ARLINGTON,VA22201     		NONE PC GENERAL SUPPORT 126,500
    Ragdale Foundation
    1260 N Green Bay Road
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT 2,000
    Potomac Conservancy
    8403 Colesville Road Suite 805
    SILVER SPRING,MD20910     		NONE PC GENERAL SUPPORT 112,500
    Phoenix Pact Fund
    Christopher Kelly President PO Box
    811280
    Chicago,IL60681     		NONE PC GENERAL SUPPORT 200,000
    Outward Bound
    Attn Development 4 Airline Drive
    Suite 202
    Albany,NY12205     		NONE PC GENERAL SUPPORT 1,000
    Opportunity International
    2122 York Road Suite 150
    OAK BROOK,IL60523     		NONE PC GENERAL SUPPORT 1,500
    Openlands
    25 E Washington St Suite 1650
    CHICAGO,IL60602     		NONE PC GENERAL SUPPORT 15,000
    Northwestern Lake Forest Hospital
    660 N Westmoreland Rd
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT 2,000
    Northshore University Health System
    Dr Mark Talamonti c/o John Hanson
    Podolsky Research Fund 1033 Univers
    Evanston,IL60201     		NONE PC GENERAL SUPPORT 1,000
    North Chicago Community Partners
    855 Skokie Highway Suite D
    LAKE BLUFF,IL60044     		NONE POF GENERAL SUPPORT 1,000
    National Outdoor Leadership School
    284 Lincoln Street
    LANDER,WY82520     		NONE PC GENERAL SUPPORT 1,000
    National Geographic
    1145 17th Street NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT 21,750
    National Assoc for Urban Debate Leagues
    200 S Michigan Avenue Suite 1040
    CHICAGO,IL60604     		NONE PC GENERAL SUPPORT 2,500
    Mote Marine Laboratory
    1600 Ken Thompson Parkway
    SARASOTA,FL34236     		NONE PC GENERAL SUPPORT 2,000
    Merit School of Music Joy Faith Knapp Music Center
    38 S Peoria St
    CHICAGO,IL60607     		NONE PC GENERAL SUPPORT 500
    Lincoln Park Zoo
    2001 N Clark Street
    CHICAGO,IL60614     		NONE PC GENERAL SUPPORT 1,000
    Liberty Prairie Conservancy
    32400 N Harris Road
    GRAYSLAKE,IL60030     		NONE PC GENERAL SUPPORT 12,500
    Lakewood Preschool Cooperative
    3115 Kalynne Street
    CHARLOTTE,NC28208     		NONE PC GENERAL SUPPORT 500
    Lake Forest Open Lands
    350 N Waukegan Road
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT 37,418
    Lake Forest College
    555 N Sheridan Road
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT 1,000
    Lake County United
    Industrial Areas Foundation c/o
    Holy Cross Lutheran Church 29700 N
    Libertyville,IL60048     		NONE PC GENERAL SUPPORT 500
    Lake County Community Foundation
    114 S Genesee Street Suite 505
    WAUKEGAN,IL60085     		NONE SO I GENERAL SUPPORT 7,500
    Independence Center Inc
    2025 Washington Street
    WAUKEGAN,IL60085     		NONE PC GENERAL SUPPORT 1,500
    High Jump
    59 W North Blvd
    CHICAGO,IL60610     		NONE PC GENERAL SUPPORT 1,000
    Hermitage Artist Retreat
    6660 Manasota Key Road
    ENGLEWOOD,FL34223     		NONE PC GENERAL SUPPORT 1,000
    Friends of Nachusa Grasslands
    8772 S Lowden Road
    FRANKLIN GROVE,IL61031     		NONE PC GENERAL SUPPORT 1,000
    Friends of Camp Anokijig
    W5639 Anokijig Lane
    PLYMOUTH,WI53073     		NONE PC GENERAL SUPPORT 1,000
    Foundations College Prep
    1233 W 109th Place
    CHICAGO,IL60643     		NONE PC GENERAL SUPPORT 1,000
    Foundation for Retinal Research
    666 Dundee Road Suite 1104
    NORTHBROOK,IL60062     		NONE PF GENERAL SUPPORT 1,000
    Forefront
    208 S LaSalle Street Suite 1540
    CHICAGO,IL60604     		NONE PC GENERAL SUPPORT 1,713
    First Baptist Church
    401 N Genesee PO Box 44
    WAUKEGAN,IL60079     		NONE PC GENERAL SUPPORT 15,000
    Feed My Starving Children
    401 93rd Avenue NW
    COON RAPIDS,MN55433     		NONE PC GENERAL SUPPORT 1,000
    Fauna & Flora International
    1720 N Street NW
    WASHINGTON,DC20036     		NONE PC GENERAL SUPPORT 1,000
    Environmental Law & Policy Center
    35 E Wacker Drive Suite 1600
    CHICAGO,IL60601     		NONE PC GENERAL SUPPORT 1,500
    Environmental Grantmakers Association
    475 Riverside Drive Suite 960
    NEW YORK,NY10115     		NONE PC GENERAL SUPPORT 1,000
    Elawa Farm Foundation
    PO Box 181
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT 1,000
    Dream Associates
    14 Forest Hills Road
    LAKE FOREST,IL60044     		NONE PC GENERAL SUPPORT 1,000
    DePaul University - Irwin Steans Center
    2233 N Kenmore
    CHICAGO,IL60614     		NONE PC GENERAL SUPPORT 7,000
    Conserve Lake County
    32492 Almond Road
    GRAYSLAKE,IL60030     		NONE PC GENERAL SUPPORT 1,000
    Christopher & Dana Reeve Foundation
    636 Morris Turnpike
    SHORT HILLS,NJ07078     		NONE PC GENERAL SUPPORT 1,000
    Chicago Wilderness Trust
    8 S Michigan Avenue Suite 2101
    CHICAGO,IL60603     		NONE PC GENERAL SUPPORT -21,418
    Chicago Run
    3611 N Kedzie
    CHICAGO,IL60618     		NONE PC GENERAL SUPPORT 2,000
    Chicago Botanic Garden
    1000 Lake Cook Road
    GLENCOE,IL60022     		NONE PC GENERAL SUPPORT 10,000
    Charlotte Nature Museum Discovery Place Inc
    1658 Sterling Road
    CHARLOTTE,NC28209     		NONE PC GENERAL SUPPORT 3,000
    Brushwood Center of Ryerson Woods
    21850 N Riverwoods Road
    DEERFIELD,IL60015     		NONE PC GENERAL SUPPORT 4,991
    Anne K Taylor Fund
    2724 Arvin Road
    BILLINGS,MT59102     		NONE PC GENERAL SUPPORT 2,000
    Angelic Organics Learning Center
    1547 Rockton Road
    CALEDONIA,IL61011     		NONE PC GENERAL SUPPORT 500
    Alexander Youth Network
    6220 Thermal Road
    CHARLOTTE,NC28211     		NONE PC GENERAL SUPPORT 500
    Agnes Scott College
    141 E College Avenue
    DECATUR,GA300303797     		NONE PC GENERAL SUPPORT 1,000
    Advance Illinois
    50 E Washington St Suite 410
    CHICAGO,IL60602     		NONE PC GENERAL SUPPORT 3,500
    A Safe Place
    2710 17th Street
    ZION,IL60099     		NONE PC GENERAL SUPPORT 1,000
    Total .................................bullet 3a 658,454
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Form 990-PF (2015)
    Page 12
    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 52,676  
    4 Dividends and interest from securities....     14 444,019  
    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.....     14 128,869  
    8
    Gain or (loss) from sales of assets other than inventory ............     		    18 626,544  
    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).. 0 1,252,108 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    131,252,108
    (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 (2015)
    Form 990-PF (2015)
    Page 13
    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 organizations?
    Yes
    No
    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) 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 name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors
    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Information about Schedule B (Form 990, 990-EZ, or 990-PF) and its instructions is at www.irs.gov/form990.
    OMB No. 1545-0047
    2015
    Name of the organization
    HAROLD M & ADELINE S MORRISON FAMILY
    FOUNDATION
    Employer identification number

    36-7090069
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ





    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note. Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution. An organization that is not covered by the General Rule and/or the Special Rules does not file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its
    Form 990-EZ or on its Form 990PF, Part I, line 2, to certify that it does not meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015) Page 2
    Name of organization
    HAROLD M & ADELINE S MORRISON FAMILY
    FOUNDATION         		Employer identification number
    36-7090069
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
     
     

    ADELINE S MORRISION  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 246,882


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
     
     

    ADELINE S MORRISION  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 50,145


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
     
     

    HAROLD M MORRISON  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 10,104


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
     
     

    HAROLD M MORRISON  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 59,815


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
     
     

    MARGOT M BRINLEY  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 24,108


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
     
     

    MARGOT M BRINLEY  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 23,857


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    HAROLD M & ADELINE S MORRISON FAMILY
    FOUNDATION         		Employer identification number
    36-7090069
    Part I
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    7
     
     

    LOIS L MORRISON  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 20,107


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
     
     

    ROBERT K HEINRICH  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 99,937


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
     
     

    JUSTIN W DAAB  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 99,847


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    10
     
     

    HARRISON I STEANS  
    50 E WASHINGTON ST STE 430
     
    CHICAGO, IL60602

    		$ 1,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     

       
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 3
    Name of organization
    HAROLD M & ADELINE S MORRISON FAMILY
    FOUNDATION         		Employer identification number

    36-7090069
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    1
    		 3,752 SH JPMORGAN CHASE $ 246,882 2015-05-26
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    2
    		 764 SH JPMORGAN CHASE $ 50,145 2015-11-03
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    3
    		 145 SH JPMORGAN CHASE $ 10,104 2015-07-16
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    4
    		 924 SH JPMORGAN CHASE $ 59,815 2015-10-30
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    5
    		 347 SH JPMORGAN CHASE $ 24,108 2015-07-20
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    6
    		 1,499 SH FIRST HORIZON NATIONAL CORP $ 23,857 2015-07-20
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Name of organization
    HAROLD M & ADELINE S MORRISON FAMILY
    FOUNDATION         		Employer identification number

    36-7090069
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    7
    		 309 SH JPMORGAN CHASE $ 20,107 2015-11-02
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    8
    		 1,507 SH JPMORGAN CHASE $ 99,937 2015-11-17
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
    9
    		 1,462 SH JPMORGAN CHASE $ 99,847 2015-06-19
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    (a)
    No.from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (see instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)
    Page 4
    Name of organization
    HAROLD M & ADELINE S MORRISON FAMILY
    FOUNDATION         		Employer identification number

    36-7090069
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No.from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2015)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2015 AccountingFeesSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 4,250 0   0

    TY 2015 InvestmentsCorpStockSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Name of Stock End of Year Book Value End of Year Fair Market Value
    HILLMAN GROUP - PREFERRED 197,038 213,150
    JP MORGAN CHASE 10,578 2,560,908
    AT&TINC 101,808 106,671
    CENTURYLINK, INC. 892,590 603,840
    MB FINANCIAL FKA TAYLOR CAPITAL 177,896 212,088
    FORD MOTOR COMPANY 250,955 211,350
    EATON VANCE SEN FLT 302,447 235,790
    INTEL CORP 250,501 354,835
    INTL BUSINESS MACHINES 252,247 205,054
    FIRST HORIZON NATL 12,368 224,581
    VANGUARD HEALTH CARE 201,013 212,608
    MB FINANCIAL, INC (PREFERRED) 217,748 214,640
    GLAXO SMITH KLINE 100,196 100,875
    MAIN STREET CAPITAL CORPORATION 102,443 95,964
    Other Investments - CEDAR HILL 967,569 910,832

    TY 2015 InvestmentsOtherSchedule2
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BRAUVIN NET LEASE, INC. AT COST 298,650 298,650
    ATLANTIC CREAK REAL ESTATE II AT COST 435,947 437,041
    ASCENDANCE CAPITAL PARTNERS II AT COST 323,857 329,191
    CHICAGO URBAN MEZZANINE AT COST 255,588 250,000
    LA METRO MEZZANINE AT COST 696,353 681,412
    BRAUVIN NET INV (FUND II) AT COST 386,455 386,455
    FIC INCOME PARTNERSHIP AT COST 55,078 17,338
    COMMUNITY BANCAPITAL AT COST 360,190 343,090
    USAB - PREFERRED SERIES A AT COST 675,000 675,000
    USAB - SUBDEBT AT COST 700,000 700,000
    CIC BANSHARES PREFERRED AT COST 750,000 750,000
    USAB - PREFERRED SERIES C AT COST 500,000 500,000
    USAMERIBANCORP, INC. AT COST 191,005 429,345

    TY 2015 LegalFeesSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CONSULTING FEES 9,500 0   9,500


    TY 2015 OtherAssetsSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    DIVIDENDS RECEIVABLE 23,500 2,095 2,095


    TY 2015 OtherExpensesSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER DEDUCTIONS - K-1'S 7,590 7,590   0
    SUPPLIES 419 0   419
    MISCELLANEOUS 53 0   53
    SHIPPING EXPENSE 94 0   94
    MEMBERSHIP FEES 1,700 0   1,700
    PAYROLL PROCESSING 1,605 0   1,605


    TY 2015 OtherIncomeSchedule2
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FIC INC PARTNERSHIP - INTEREST AND DIV 1,586 1,586 1,586
    FIC INC PARTNERSHIP - OTHER INCOME -1,132 -1,132 -1,132
    COMMUNITY BANCAPITAL - INTERST AND DIV 28,735 28,735 28,735
    CHICAGO SENIOR INVESTORS LLC - INTEREST 22,500 22,500 22,500
    LA SENIOR INVESTORS LLC - INTEREST 65,843 65,843 65,843
    OTHER BANK OF AMERICA 11,337 11,337 11,337


    TY 2015 OtherIncreasesSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Description Amount
    REVERSAL OF 2014 UNREALIZED INCOME ENTRY 24,003


    TY 2015 OtherProfessionalFeesSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FIC OFFICE ADMINISTRATIVE FEES 45,000 22,500   0
    MANAGEMENT FEES 7,221 7,221   0


    TY 2015 SubstantialContributorsSch
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Name Address
    JUSTIN W DAAB 50 E WASHINGTON STREET 430
    CHICAGO,IL60602


    TY 2015 TaxesSchedule
    Name:
    HAROLD M & ADELINE S MORRISON FAMILY
     
    FOUNDATION
    EIN:
    36-7090069
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX 26,000 0   0
    TAX WITHHELD 14 14   0
    PAYROLL TAXES 6,158 0   6,158