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.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 01-01-2018 , and ending 12-31-2018
Name of foundation
THE BUCHANAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)222 E WISCONSIN AVENUE SUITE 308
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE FOREST, IL60045
A Employer identification number

36-6160998
B Telephone number (see instructions)

(847) 234-0235
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... 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$45,943,925J 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)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 109 109  
4 Dividends and interest from securities... 1,437,247 1,437,247  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 204,355
b Gross sales price for all assets on line 6a 12,001,032
7 Capital gain net income (from Part IV, line 2)... 204,355
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........ 1,641,711 1,641,711  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,000 7,500   92,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 8,425 6,319   2,106
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 54,815 7,386   7,429
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 9,000 0   9,000
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 24,339 358   23,981
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 196,579 21,563   135,016
25 Contributions, gifts, grants paid....... 2,376,000 2,376,000
26 Total expenses and disbursements. Add lines 24 and 25 2,572,579 21,563   2,511,016
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -930,868
b Net investment income (if negative, enter -0-) 1,620,148
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
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......... 16,496,503 8,837,569 8,827,064
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)....... 17,085,471 Click to see attachment21,189,320 25,732,160
c Investments—corporate bonds (attach schedule)....... 8,864,960 Click to see attachment11,489,177 11,384,701
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 42,446,934 41,516,066 45,943,925
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 0
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........ 8,528,072 8,528,072
28 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
29 Retained earnings, accumulated income, endowment, or other funds 33,918,862 32,987,994
30 Total net assets or fund balances (see instructions)..... 42,446,934 41,516,066
31 Total liabilities and net assets/fund balances (see instructions). 42,446,934 41,516,066
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
42,446,934
2
Enter amount from Part I, line 27a .....................
2
-930,868
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
41,516,066
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
41,516,066
Form 990-PF (2018)
Form 990-PF (2018)
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 PUBLICLY TRADED SECURITIES P 1990-01-01 2018-12-31
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 12,001,032   11,796,677 204,355
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       204,355
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 2 204,355
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))
2017 2,218,803 48,324,478 0.045915
2016 2,364,723 47,783,650 0.049488
2015 2,634,589 48,780,525 0.054009
2014 2,490,820 50,426,879 0.049395
2013 2,402,111 49,896,358 0.048142
2
Total of line 1, column (d) .....................
2
0.246949
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.049390
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
46,739,168
5
Multiply line 4 by line 3......................
5
2,308,448
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
16,201
7
Add lines 5 and 6........................
7
2,324,649
8
Enter qualifying distributions from Part XII, line 4,.............
8
2,511,016
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 (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 16,201
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 16,201
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 16,201
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 46,207
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 46,207
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
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 30,006
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet30,006 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 2018 or the taxable year beginning in 2018? See the 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
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ofbulletKENNETH H BUCHANAN Telephone no.bullet (847) 234-0235

    Located atbullet222 E WISCONSIN AVENUE SUITE 308LAKE FORESTIL ZIP+4bullet60045
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, 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 the instructions for exceptions and filing requirements for FinCEN Form 114. 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
     
    No
    ........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 2018?.............
    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 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    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 2018 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 2018.)..................
    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 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    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:
    Yes
    No
    (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
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    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
    KENNETH H BUCHANAN PRESIDENT
    40.00     		75,000 0 0
    222 WISCONSIN AVENUE SUITE 308
    LAKE FOREST,IL60045
    GERALD M WALSH V.P & SECR.
    2.00     		0 0 0
    201 BAYSHORE AVE
    COLUMBIANA,OH44408
    MARTHA R HINCHMAN DIRECTOR
    2.00     		0 0 0
    1875 WEDGEWOOD COURT
    LAKE FOREST,IL60045
    CHARLES F KANE JR TREASURER
    40.00     		25,000 0 0
    PO BOX 241
    DUXBURY,MA02331
    MARGAUX BUCHANAN DIRECTOR
    2.00     		0 0 0
    20 PROSPECT ROAD
    PLYMPTON,MA02367
    HUNT ELDRIDGE III DIRECTOR
    2.00     		0 0 0
    755 NORTH AVENUE-NE 1426
    ATLANTA,GA30306
    BRIAN K JONES DIRECTOR
    2.00     		0 0 0
    333 WEST WACKER DRIVE SUITE 1700
    CHICAGO,IL60606
    PERRIN B MARTIN DIRECTOR
    2.00     		0 0 0
    40 DAHEIM ROAD
    MILLBROOK,NY12545
    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
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    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 (2018)
    Form 990-PF (2018)
    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
    38,364,313
    b
    Average of monthly cash balances.......................
    1b
    9,086,619
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    47,450,932
    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
    47,450,932
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    711,764
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    46,739,168
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,336,958
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    2,336,958
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    16,201
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    16,201
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,320,757
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,320,757
    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
    2,320,757
    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
    2,511,016
    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
    2,511,016
    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
    16,201
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,494,815
    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 (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 2,320,757
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013......  
    b From 2014......  
    c From 2015...... 39,020
    d From 2016...... 14,415
    e From 2017......  
    fTotal of lines 3a through e........ 53,435
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 2,511,016
    a Applied to 2017, 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 2018 distributable amount..... 2,320,757
    e Remaining amount distributed out of corpus 190,259
    5 Excess distributions carryover applied to 2018. 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 5 243,694
    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 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		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
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		243,694
    10 Analysis of line 9:
    a Excess from 2014....  
    b Excess from 2015.... 39,020
    c Excess from 2016.... 14,415
    d Excess from 2017....  
    e Excess from 2018.... 190,259
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 2018, 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) 2018 (b) 2017 (c) 2016 (d) 2015
             
    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 foundation 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 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 (2018)
    Form 990-PF (2018)
    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
    ACLU FOUNDATION
    125 BROAD STREET
    NEW YORK,NY10004     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    ADVOCATE LUTHERAN GENERAL HOSPITAL
    1775 DEMPSTER STREET
    PARK RIDGE,IL60068     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    ALLIANCE FOR THE GREAT LAKES
    150 N MICHIGAN AVENUE
    CHICAGO,IL60601     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    AMERICAN RED CROSS
    2200 W HARRISON STREET
    CHICAGO,IL60612     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    ANGELS OF LIGHT
    321 W 116TH STREET
    CHICAGO,IL60628     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    ANN & ROBERT LURIE CHILDREN'S HOSPITAL
    225 E CHICAGO AVENUE
    CHICAGO,IL60611     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    AVON OLD FARMS SCHOOL
    500 OLD FARMS RD
    AVON,CT06001     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 155,000
    BALTIMORE CLAYWORKS
    5707 SMITH AVENUE
    BALTIMORE,MD21209     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    BALTIMORE JEWELRY CENTER
    10 E NORTH AVENUE SUITE 130
    BALTIMORE,MD21202     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    BOCA GRANDE HEALTH CLINIC FOUNDATION
    280 PARK AVENUE
    BOCA GRANDE,FL33921     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    BOY SCOUTS OF AMERICA
    1218 W ADAMS STREET
    CHICAGO,IL60607     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    BOZEMAN SPORTS PARK FOUNDATION
    4600 BAXTER LN
    BOZEMAN,MT59718     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 35,000
    CAROLINA HORSE PARK FOUNDATION
    2814 MONTROSE RD
    RAEFORD,NC28376     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    CHICAGO ARCHITECTURE FOUNDATION
    224 S MICHIGAN AVENUE
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    CHICAGO BOTANIC GARDEN
    1000 LAKE COOK RD
    GLENCOE,IL60022     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 150,000
    CHOATE ROSEMARY HALL FOUNDATION
    333 CHRISTIAN STREET
    WALLINGFORD,CT06492     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    COLLEGE OF LAKE COUNTY FOUNDATION
    19351 W WASHINGTON STREET
    GRAYSLAKE,IL60030     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    DARTMOUTH HITCHCOCK MEDICAL CENTER
    ONE MEDICAL CENTER DRIVE
    LEBANON,NH03756     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    DUTCHESS DAY SCHOOL
    415 NY-343
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    DUTCHESS LAND CONSERVATORY
    4289 NY-82
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    DUXBURY BAY MARITIME SCHOOL
    457 WASHINGTON STREET
    DUXBURY,MA02332     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    EASTERN ILLINOIS UNIVERSITY FOUNDATION
    860 WEST LINCOLN AVENUE
    CHARLESTON,IL61920     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    ELAWA FARM FOUNDATION
    1401 MIDDLEFORK DRIVE
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    FELLOW MORTALS ANIMAL HOSPITAL
    W4632 PALMER RD
    LAKE GENEVA,WI53147     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 80,000
    FOXCROFT SCHOOL
    22407 FOXHOUND LN
    MIDDLEBURG,VA20117     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    FRANKLIN & MARSHALL COLLEGE
    415 HARRISBURG AVENUE
    LANCASTER,PA17603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    FRIENDS OF THAI DAUGHTERS
    PO BOX 370
    TREVETT,ME04571     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GLASA FOUNDATION
    27864 IRMA LEE CIRCLE
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GASPARILLA ISLAND CONSERVATIVE & IMPROVEMENT ASSOC
    131 1ST ST W 8
    BOCA GRANDE,FL33921     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GENEVA ACADEMIC FOUNDATION
    PO BOX 44
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GIRL SCOUTS OF AMERICA
    420 FIFTH AVENUE
    NEW YORK,NY10018     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GLENKIRK FOUNDATION
    3504 COMMERCIAL AVENUE
    NORTHBROOK,IL60062     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GORTON COMMUNITY CENTER
    400 E ILLINOIS ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    GREAT CRANBERRY ISLAND HISTORICAL SOCIETY
    163 CRANBERRY ROAD PO BOX 12
    CRANBERRY ISLES,ME04625     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GREEN MOUNTAIN HORSE ASSOCIATION
    5491 S RD
    SO WOODSTOCK,VT05071     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    INTERNATIONAL CRANE FOUNDATION
    9445 E11376 SHADY LANE RD
    BARABOO,WI53913     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    JOURNEY CARE OF LAKE COUNTY
    2050 CLAIRE CT
    GLENVIEW,IL60025     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    KENT SCHOOL
    1 MACEDONIA RD
    KENT,CT06757     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 40,000
    LAKE COUNTY COMMUNITY FOUNDATION
    114 S GENESEE ST SUIT 505
    WAUKEGAN,IL60085     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    LAKE FOREST COLLEGE
    2338 555 N SHERIDAN RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    LAKE FOREST COUNTRY DAY SCHOOL
    145 S GREEN BAY RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    FRIENDS OF LAKE FOREST LIBRARY
    360 E DEERPATH RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    LAKE FOREST OPEN LANDS
    350 WAUKEGAN RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 150,000
    LAKE FOREST SYMPHONY ASSOCIATION
    400 E ILLINOIS ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    LAMB'S FARM
    14245 W ROCKLAND RD
    LIBERTYVILLE,IL60048     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    LUSTER LEARNING INSTITUTE
    1126 HILLCREST AVENUE
    HIGHLAND PARK,IL60035     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    MARKLUND CHILDREN'S HOME
    164 S PRAIRIE AVENUE
    BLOOMINGDALE,IL60108     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    MAX MCGRAW WILDLIFE FOUNDATION
    14N322 IL-25
    DUNDEE,IL60118     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    MERCY HOSPITAL FOUNDATION
    2525 S MICHIGAN AVENUE SUITE 240F
    CHICAGO,IL60616     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    MIDWEST VETERANS' CLOSET
    2323 GREEN BAY RD
    NORTH CHICAGO,IL60064     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 4,000
    MILLBROOK EARLY CHILDHOOD CENTER
    30 MAPLE AVENUE
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    MILLBROOK SCHOOL
    131 MILLBEROOK SCHOOL RD
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 17,500
    MOTE MARINE LABORATORY & AQUARIUM
    1600 KEN THOMPSON PKWY
    SARASOTA,FL34236     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    NORTHERN ILLNOIS FOOD BANK
    273 DEARBORN COURT
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    NORTHERN SUBURBAN SPECIAL RECREATION
    3105 MACARTHUR BLVD
    NORTHBROOK,IL60062     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    NORTHFIELD MOUNT HERMON SCHOOL
    1 ONE LAMPLIGHTER WAY
    GILL,MA01354     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 35,000
    NORTHWESTERN LAKE FOREST HOSPITAL
    1000 N WESTMORELAND ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    NORTHWESTERN MEMORIAL FOUNDATION
    251 E HURON STREET
    CHICAGO,IL60611     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    OAKDALE EQUINE RESCUE
    PO BOX 1980
    OAKDALE,CA95361     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    OPEN LANDS PROJECT
    25 E WASHINGTON STREET 1650
    CHICAGO,IL60602     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    PLANNED PARENTHOOD ASSOCIATION
    18 S MICHIGAN AVENUE 6TH FLOOR
    CHICAGO,IL60603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    POLO TRAINING FOUNDATION
    70 CLINTON STREET
    TULLY,NY13159     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    PURDUE UNIVERSITY
    610 PURDUE MALL
    WEST LAFAYETTE,IN47907     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    RAVINIA FESTIVAL
    418 SHERIDAN ROAD
    HIGHLAND PARK,IL60035     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    RUSH-PRESBYTERIAN ST LUKE'S MEDICAL CENTER
    1653 W CONGRESS PKWY
    CHICAGO,IL60612     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 55,000
    SHIRLEY RYAN ABILITY LAB
    355 E ERIE STREET
    CHICAGO,IL60611     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 40,000
    SMITH COLLEGE
    10 ELM STREET
    NORTHHAMPTON,MA01063     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    SPECIAL OLYMPICS
    605 E WILLOW STREET
    NORMAL,IL61761     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    ST JUDE CATHOLIC CHURCH
    180 7TH STREET
    COLUMBIANA,OH44408     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    ST TIMOTHY'S SCHOOL
    8400 GREENSPRING AVENUE
    STEVENSON,MD21153     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    STEPPENWOLF THEATRE CO
    1650 N HALSTED STREET
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    TALL PINES CONSERVATORY
    N44W32882 WATERTOWN PLANK RD
    NASHOTAH,WI53058     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 70,000
    TARPON & BONEFISH RESEARCH CENTER
    4600 RICKENBACKER CAUSEWAY
    MIAMI,FL33149     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE ADLER PLANETARIUM
    1300 S LAKE SHORE
    CHICAGO,IL60605     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVENUE
    CHICAGO,IL60603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE CHICAGO HISTORY MUSEUM
    1601 N CLARK STREET
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE CHICAGO SYMPHONY ORCHESTRA SOCIETY
    220 S MICHIGAN AVENUE
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE FIELD MUSEUM OF NATURAL HISTORY
    1400 S LAKE SHORE
    CHICAGO,IL60605     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE GOODMAN THEATRE
    170 N DEARBORN STREET
    CHICAGO,IL60601     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE MORTON ARBORETUM
    4100 ILLINOIS 53
    LISLE,IL60532     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    THE MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DRIVE
    CHICAGO,IL60637     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    THE NATURE CONSERVANCY OF ILLINOIS
    8 S MICHIGAN AVENUE
    CHICAGO,IL60603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE NEWBERRY LIBRARY
    60 W WALTON STREET
    CHICAGO,IL60610     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE SALVATION ARMY
    5040 N PULASKI RD
    CHICAGO,IL60630     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE SHEDD AQUARIUM
    1200 S LAKE SHORE DRIVE
    CHICAGO,IL60605     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE WETLANDS INITIATIVE
    53 W JACKSON BLVD 1015
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    UNITED WAY OF METROPOLITAN CHICAGO
    333 S WABASH AVENUE
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    WALSH UNIVERSITY
    2020 E MAPLE STREET
    NORTH CANTON,OH44720     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 125,000
    WESTMINISTER SCHOOL
    995 HOPMEADOW STREET
    SIMSBURY,CT06070     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    WGCU PUBLIC MEDIA
    10501 FGCU BLVD S
    FORT MYERS,FL33965     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    WINDRUSH FARM
    479 LACY STREET
    NORTH ANDOVER,MA01845     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    WTTW
    5400 N ST LOUIS AVENUE
    CHICAGO,IL60625     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    CHICAGO ZOOLOGICAL SOCIETY
    3300 GOLF RD
    BROOKFIELD,IL60513     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    DELTA WATERFOWL
    1412 BASIN AVE
    BISMARCK,ND58502     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    FRIENDS OF GURNEE AMERICAN LEGION
    749 MILWALKEE AVE
    GURNEE,IL60031     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 11,000
    GENEVA COMMUNITY CHEST
    PO BOX 411
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GREENS FARM ACADEMY
    35 BEACHSIDE AVE
    GREEN FARMS,CT06838     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    HEALING WINDS VERMONT
    144 BATTERY STREET
    BURLIGTON,VT05401     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 12,500
    LAKE FORESTLAKE BLUFF HISTORICAL SOCIETY
    509 E DEERPATH RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    LINCOLN PARK ZOOLOGICAL SOCIETY
    2001 N CLARK ST
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    OHIO STATE UNIVERSITY COLLEGE OF VETERINARY
    601 VERNON L THARP ST
    COLUMBUS,OH43210     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 35,000
    OPPORTUNITY SECURE DATA DESTRUCTION
    3660 COMMERICAL AVE
    NORTHBROOK,IL60062     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    SPECIAL GIFTS THEATRE
    PO BOX 2231
    NORTHBROOK,IL60065     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    THE DIOCESE OF YOUNGSTOWN FOUNDATION
    144 W WOOD ST
    YOUNGSTOWN,OH44503     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    THEODORE ROOSEVELT CONSERVATION
    PO BOX 7
    MEDORA,ND58645     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    VETS ROLL
    1777 GARDER ST
    SOUTH BELOIT,IL61080     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 1,000
    WESTERN AVENUE SCHOOL PTO
    1500 WESTERN AVE
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    WILLIAMS COLLEGE
    880 MAIN ST
    WILLAIMSTOWN,MA01267     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    Total .................................bullet 3a 2,376,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2018)
    Form 990-PF (2018)
    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 ...........     		    14 109  
    4 Dividends and interest from securities....     14 1,437,247  
    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 ............     		    18 204,355  
    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 1,641,711 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,641,711
    (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 (2018)
    Form 990-PF (2018)
    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) (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) (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 (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES AND TAX PREPARATION FEES 8,425 6,319   2,106

    TY 2018 InvestmentsCorpBondsSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ALLERGAN INC 3.375% 9/15/20 - 250,000 253,079 249,775
    AMGEN INC, 3.45% 10/1/20 - 1,000,000 1,008,932 1,004,450
    APPLE INC 2.850%, 5/6/21 - 500,000 507,409 500,610
    APPLE INC, 2.15%, 2/9/22, 250,000 246,367 243,750
    APPLE INC, 2.70%, 5/13/2022, 150,000 150,871 148,329
    AT & T INC, 2.45%, 6/30/20 - 250,000 252,767 246,748
    AT & T INC, 3.875%, 8/15/21 - 1,000,000 1,027,800 1,009,960
    BERKSHIRE HATHAWAY, 2.75%, 3/15/2023, 250,000 250,612 245,420
    BLACKROCK INC, 3.5%, 3/18/24 - 500,000 504,419 505,415
    BOEING CO, 2.35%, 10/30/2021, 500,000 501,616 492,355
    CHEVRON CORP 6/24/23 3.191% - 250,000 248,081 249,608
    CHEVRON CORP, 2.427%, 6/24/20 - 1,000,000 1,003,678 994,130
    EXXON MOBILE CORP, 3.176%, 3/15/24 - 250,000 251,738 250,343
    INTEL CORP, 2.7%, 12/15/22 - 250,000 246,844 246,243
    KRAFT FOODS GROUP INC 3.5% 6/6/22 - 250,000 248,937 247,478
    MCDONALD'S CORP., 3.5% 7/15/20 - 520,000 526,558 527,176
    NORTHERN TRUST CORPORATION, 3.45%, 11/4/20 - 1,000,000 999,202 1,010,220
    ORACLE CO., 2.80%, 7/8/2021, 500,000 504,121 497,575
    PHILLIP MORRIS INTL INC, 2.5%, 8/22/22 - 250,000 244,693 240,908
    PNC BANK N A PITTSBURGH PA, 2.60%, 7/21/2020, 500,000 501,405 495,615
    TEXAS INSTRS INC, 2.75%, 3/12/21, 500,000 508,039 496,980
    THERMO FISHER SCIENTIFIC SR 3.6% 8/15/2021 - 250,000 248,400 250,735
    TOYOTA MOTOR CREDIT, 2.60%, 1/11/22, 500,000 499,859 492,040
    WELLS FARGO, 2.50%, 3/4/2021, 500,000 503,150 491,785
    WISCONSIN ENERGY CORP 2.45% 06/15/2020 - 250,000 250,600 247,053

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES - 15,500 SHARES 522,153 1,121,115
    ABBVIE, INC - 5,000 SHARES 126,623 460,950
    ALTRIA GROUP INC - 3,500 SHARES 131,597 172,865
    AMERICAN EXPRESS COMPANY - 7,000 SHARES 511,250 667,240
    AMGEN, INC - 2,070 SHARES 311,037 402,967
    APPLE, INC - 3,625 SHARES 322,711 571,808
    AT & T, INC - 10,000 SHARES 345,394 285,400
    BANK OF MONTREAL - 5,800 SHARES 358,594 379,030
    BB&T CORP - 10,000 SHARES 391,916 433,200
    BLACKROCK INC - 1,345 SHARES 392,116 528,343
    BRISTOL MYERS SQUIBB COMPANY - 7,000 SHARES 180,127 363,860
    CHEVRON CORPORATION - 5,000 SHARES 500,390 543,950
    CISCO SYS INC - 12,600 SHARES 407,629 545,958
    COLGATE-PALMOLIVE CO. - 3,500 SHARES 133,486 208,320
    COMCAST CORP (NEW) CL A- 15,000 SHARES 535,734 510,750
    CVS CAREMARK CORPORATION - 6,000 SHARES 467,175 393,120
    DOCUSIGN INC.- 2,435 SHARES 99,963 97,595
    DOLBY LABORATORIES, INC. 5,000 SHARES 312,800 309,200
    E I DU PONT DE NEMOURS & CO - 2,564 SHARES 109,055 137,123
    EATON CORP PLC SHS - 3,000 SHARES 167,187 205,980
    EMERSON ELECTRIC CO. - 7,500 SHARES 382,496 448,125
    ENBRIDGE ENERGY CORP - 6,888 SHARES 172,836 214,079
    EVERSOURCE ENERGY COM - 5,000 SHARES 290,000 325,200
    EXXON MOBIL CORPORATION - 3,154 SHARES 226,242 215,071
    GENERAL DYNAMICS, 1,000 SHARES 182,699 157,210
    GENERAL MILLS INC - 17,500 SHARES 905,123 681,450
    HANES BRANDS INC - 10,000 SHARES 228,848 125,300
    HCP, INC - 14,000 SHARES 388,551 391,020
    INTEL CORP - 2,500 SHARES 55,999 117,325
    INTL BUSINESS MACHINES CORP - 4,877 SHARES 673,740 554,369
    JOHNSON & JOHNSON - 6,000 SHARES 361,404 774,300
    JPMORGAN CHASE & CO - 4,450 SHARES 308,548 434,409
    KEMPER CORP., 6,500 SHARES 405,418 431,470
    KIMBERLY CLARK - 2,000 SHARES 185,408 227,880
    LAMAR ADVERTISING CO NEW CL A - 2,500 SHARES 161,527 172,950
    LOCKHEED MARTIN CORP - 1,000 SHARES 192,519 261,840
    MERCK & CO, INC - 4,350 SHARES 224,688 332,384
    MICROSOFT CORP - 9,375 SHARES 507,621 952,219
    NIKE INC B - 4,000 SHARES 219,589 296,560
    NOVO-NORDISK - 7,500 SHARES 281,543 345,525
    OCCIDENTAL PETROLEUM CORP - 6,000 SHARES 430,557 368,280
    OKTA INC CLASS A, 1,815 SHARES 98,863 115,797
    PEPSICO INC CMN - 2,500 SHARES 216,712 276,200
    PHILLIP MORRIS INT - 3,000 SHARES 253,355 200,280
    PHILLIPS 66 - 4,000 SHARES 329,663 344,600
    PROCTOR & GAMBLE COMPANY - 4,000 SHARES 258,168 367,680
    PRUDENTIAL FINANCIAL INC - 3,500 SHARES 297,036 285,425
    QUICKSTREET INC - 5,000 SHARES 75,295 81,150
    RATHEON CORP - 1,000 SHARES 185,669 153,350
    SMUCKERS J M CO- 1,750 SHARES 201,478 163,608
    SPDR SER TR BLOMBERG INV - 65,000 SHARES 2,002,117 1,974,050
    STRYKER CORP - 1,000 SHARES 170,000 156,750
    SYSCO CORP - 11,920 SHARES 341,054 746,907
    TACTILE SYS TECHNOLOGY, INC. - 1,380 SHARES 74,617 62,859
    THE SOUTHERN COMPANY - 5,000 SHARES 146,150 219,600
    TJX COS INC NEW - 6,000 SHARES 236,659 268,440
    UNION PACIFIC - 4,000 SHARES 294,905 552,920
    UNITED PARCEL SERVICE, INC - 3,000 SHARES 202,859 292,590
    UNITED TECHNOLOGIES CORP - 2,500 SHARES 283,584 266,200
    VERIZON COMMUNICATIONS INC - 17,500 SHARES 797,989 983,850
    WAGEWORKS INC - 4,870 SHARES 270,375 132,269
    WALT DISNEY CORP - 5,000 SHARES 539,880 548,250
    WASTE MANAGEMENT INC DEL - 6,500 SHARES 239,446 578,435
    WEC ENERGY GROUP - 7,500 SHARES 361,097 519,450
    YUM BRANDS - 3,000 SHARES 200,056 275,760

    TY 2018 OtherExpensesSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MISCELLANEOUS 25 25   0
    OFFICE SUPPLIES 18,944 0   18,944
    INSURANCE 3,398 0   3,398
    PAYROLL PREP FEES 1,772 133   1,639
    INVESTMENT FEES 200 200   0


    TY 2018 TaxesSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 8,031 602   7,429
    FOREIGN TAXES 6,784 6,784   0
    FEDERAL TAXES 40,000 0   0