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 Lefkofsky Family Foundation
 
% ERIC & ELIZABETH LEFKOFSKY
Number and street (or P.O. box number if mail is not delivered to street address)600 West Chicago Ave Suite 510
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL60654
A Employer identification number

20-7066362
B Telephone number (see instructions)

(312) 906-7477
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$51,033,546J 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) 24,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 622,967 622,967  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -107,915
b Gross sales price for all assets on line 6a 4,488,308
7 Capital gain net income (from Part IV, line 2)... 4,488,308
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 16,615 16,615  
12 Total. Add lines 1 through 11........ 555,667 5,127,890  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 90,000     90,000
14 Other employee salaries and wages...... 244,718     244,718
15 Pension plans, employee benefits....... 18,213     18,213
16a Legal fees (attach schedule)......... Click to see attachment 9,185 0 0 9,185
b Accounting fees (attach schedule)....... Click to see attachment 7,275 0 0 7,275
c Other professional fees (attach schedule)....        
17 Interest............... 142,399 142,399    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 29,651     29,651
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 9,641     9,641
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 151,667 90,576   61,091
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 702,749 232,975 0 469,774
25 Contributions, gifts, grants paid....... 7,344,429 7,344,429
26 Total expenses and disbursements. Add lines 24 and 25 8,047,178 232,975 0 7,814,203
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -7,491,511
b Net investment income (if negative, enter -0-) 4,894,915
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............. 323,592 878,679 878,679
2 Savings and temporary cash investments......... 34,769,641 10,304,085 10,304,085
3 Accounts receivable bullet24,380
Less: allowance for doubtful accounts bullet   0 24,380 24,380
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)....... 9,421,207 Click to see attachment4,824,984 2,761,284
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).......... 15,358,998 Click to see attachment36,355,071 37,065,118
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment128 Click to see attachment0 Click to see attachment0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 59,873,566 52,387,199 51,033,546
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) Click to see attachment480 Click to see attachment5,624
23 Total liabilities (add lines 17 through 22)......... 480 5,624
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........ 59,873,086 52,381,575
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 59,873,086 52,381,575
31 Total liabilities and net assets/fund balances (see instructions). 59,873,566 52,387,199
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
59,873,086
2
Enter amount from Part I, line 27a .....................
2
-7,491,511
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
52,381,575
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
52,381,575
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 793,136 SHS GROUPON INC     2018-01-30
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 4,199,716   0 4,199,716
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       4,199,716
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 4,488,308
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 6,635,556 37,232,162 0.178221
2016 6,621,431 31,167,075 0.21245
2015 7,972,645 17,968,257 0.443707
2014 5,641,080 12,654,461 0.445778
2013 4,156,380 15,491,567 0.2683
2
Total of line 1, column (d) .....................
2
1.548456
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
0.309691
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
24,956,568
5
Multiply line 4 by line 3......................
5
7,728,825
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
48,949
7
Add lines 5 and 6........................
7
7,777,774
8
Enter qualifying distributions from Part XII, line 4,.............
8
7,814,203
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 48,949
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 48,949
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 48,949
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 102,035
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 102,035
8 Enter any penalty for underpayment of estimated tax. Check here 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 53,086
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet53,086 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 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 addressbulletwww.lefkofskyfoundation.com
    14
    The books are in care ofbulletERIC & ELIZABETH LEFKOFSKY Telephone no.bullet (312) 906-7477

    Located atbullet600 WEST CHICAGO AVE SUITE 510CHICAGOIL ZIP+4bullet60654
    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
     
     
    ........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
     
    No
    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
    ERIC P LEFKOFSKY TRUSTEE
    0     		0 0 0
    600 West Chicago Ave Suite 510
    Chicago,IL60654
    ELIZABETH KRAMER LEFKOFSKY TRUSTEE
    40.0     		90,000 0 0
    600 West Chicago Ave Suite 510
    Chicago,IL60654
    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
    ELIZABETH LEFKOFSKY TRUSTEE
    40.0     		90,000    
    600 W CHICAGO AVE
    CHICAGO,IL60654
    RACHEL GRAHAM DIRECTOR
    40.0     		110,250    
    600 W CHICAGO AVE
    CHICAGO,IL60654
    ALLISON NEFF DIRECTOR
    40.0     		40,000    
    600 W CHICAGO AVE
    CHICAGO,IL60654
    EMILY MISKOVITZ SWEET DIRECTOR EXT AFFAIRS
    32.0     		136,000    
    600 W CHICAGO AVE
    CHICAGO,IL60654
    ELSPETH LEMAN SUCCESS BOUND COACH
    40.0     		60,000    
    600 W CHICAGO AVE
    CHICAGO,IL60654
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    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 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    6,729,621
    b
    Average of monthly cash balances.......................
    1b
    18,606,996
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    25,336,617
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    25,336,617
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    380,049
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    24,956,568
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,247,828
    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
    1,247,828
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    48,949
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    48,949
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,198,879
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    1,198,879
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    1,198,879
    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
    7,814,203
    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
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    7,814,203
    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
    48,949
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    7,765,254
    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 1,198,879
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:2016, 2015, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 3,582,151
    b From 2014...... 4,980,479
    c From 2015...... 7,074,232
    d From 2016...... 5,307,020
    e From 2017...... 5,738,643
    fTotal of lines 3a through e........ 26,682,525
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 7,814,203
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 1,198,879
    e Remaining amount distributed out of corpus 6,615,324
    5 Excess distributions carryover applied to 2018.    
    (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 33,297,849
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		3,582,151
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		29,715,698
    10 Analysis of line 9:
    a Excess from 2014.... 4,980,479
    b Excess from 2015.... 7,074,232
    c Excess from 2016.... 5,307,020
    d Excess from 2017.... 5,738,643
    e Excess from 2018.... 6,615,324
    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).)
    ERIC LEFKOFSKY ELIZABETH LEFKOFSKY
    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
    ILLINOIS HOLOCAUST MUSEUM & EDUCATION CENTER
    9603 WOODS DR
    SKOKIE,IL60077     		NONE   CHARITABLE 10,000
    MUSEUM OF CONTEMPORARY ART
    220 E CHICAGO AVE
    CHICAGO,IL60611     		NONE   CHARITABLE 184,209
    FAMILY SERVICE OF GLENCOE
    325 HAZEL AVE
    GLENCOE,IL60022     		NONE   CHARITABLE 750
    ABILITY LAB
    355 E ERIE ST
    CHICAGO,IL60611     		NONE   CHARITABLE 200,000
    FAMILY ACTION NETWORK
    1718 SHERMAN AVE 201
    EVANSTON,IL60201     		NONE   CHARITABLE 5,000
    OUNCE OF PREVENTION
    33 W MONROE ST 1200
    CHICAGO,IL60603     		NONE   CHARITABLE 5,000
    WHITNEY MUSEUM OF AMERICAN ART
    99 GANSEVOORT ST
    NEW YORK,NY10014     		NONE   CHARITABLE 108,334
    COTA
    2501 W COTA Dr
    Bloomington,IN47403     		NONE   CHARITABLE 1,000
    SHINING STAR BALL
    1835 WEST CENTRAL ROAD
    ARLINGTON HEIGHTS,IL60005     		NONE   CHARITABLE 25,000
    ASPEN ART MUSEUM
    637 E HYMAN AVE
    ASPEN,CO81611     		NONE   CHARITABLE 48,000
    CRADELS TO CRAYONS
    4141 W GEORGE ST
    CHICAGO,IL60641     		NONE   CHARITABLE 15,000
    ROBERT H LURIE COMPREHENSIVE CANCER CENTER
    675 N ST CLAIR ST 21ST FLOOR SUITE
    CHICAGO,IL60611     		NONE   CHARITABLE 50,000
    MUSEUM OF MODERN ART
    220 E CHICAGO AVE
    CHICAGO,IL60611     		NONE   CHARITABLE 5,000
    CHICAGO SCHOLARS FOUNDATION
    247 S STATE ST 700
    CHICAGO,IL60604     		NONE   CHARITABLE 2,500
    SOLOMON SCHECHTER DAY SCHOOL
    3210 DUNDEE RD
    NORTHBROOK,IL60062     		NONE   CHARITABLE 1,000
    WORLD BUSINESS CHICAGO
    177 N STATE ST 500
    CHICAGO,IL60601     		NONE   CHARITABLE 50,000
    SUSAN G KOMEN
    213 W INSTITUTE PI 302
    CHCIAGO,IL60610     		NONE   CHARITABLE 5,000
    BERNIES BOOK BANK
    917 N SHORE DR
    LAKE BLUFF,IL60044     		NONE   CHARITABLE 10,000
    UNIVERSITY OF MICHIGAN
    500 S STATE ST
    ANN ARBOR,MI48109     		NONE   CHARITABLE 353,333
    TAMARACK CAMPS
    6735 TELEGRAPH RD 380
    BLOOMFIELD HILLS,MI48301     		NONE   CHARITABLE 5,000
    AFTER SCHOOL MATTERS
    66 E RANDOLPH ST
    CHICAGO,IL60601     		NONE   CHARITABLE 10,000
    STEPPENWOLF THEATRE COMPANY
    1650 N HALSTED ST
    CHICAGO,IL60614     		NONE   CHARITABLE 3,160,000
    NORTHWESTERN UNIVERSITY
    633 CLARK ST
    EVANSTON,IL60208     		NONE   CHARITABLE 250,000
    ERIKSON INSTITUTE
    451 N LASALLE DR
    CHICAGO,IL60654     		NONE   CHARITABLE 50,000
    GLENCOE EDUCATIONAL FOUNDATION
    PO Box 287
    Glencoe,IL60022     		NONE   CHARITABLE 1,500
    YMCA OF METROPOLITAN CHICAGO
    1030 W VAN BUREN ST
    CHICAGO,IL60607     		NONE   CHARITABLE 25,000
    THE ASPEN INSTITUTE
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		NONE   CHARITABLE 34,220
    DARTMOUTH COLLEGE
    6016 McNutt Hall
    HANOVER,NH03755     		NONE   CHARITABLE 25,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		NONE   CHARITABLE 50,000
    JEWISH UNITED FUND
    30 S WELLS ST
    CHICAGO,IL60606     		NONE   CHARITABLE 250,000
    ANTI-DEFAMATION LEAGUE
    120 S LASALLE ST
    CHICAGO,IL60603     		NONE   CHARITABLE 25,000
    PLANNED PARENTHOOD
    18 S MICHIGAN AVE 6TH FLOOR
    CHICAGO,IL60603     		NONE   CHARITABLE 100,000
    TEACH FOR AMERICA
    300 W ADAMS ST
    CHICAGO,IL60606     		NONE   CHARITABLE 35,000
    UCHICAGO IMPACT LLC
    1313 EAST 60TH STREET
    CHICAGO,IL60637     		NONE   CHARITABLE 52,608
    ANDERSONRANCH ARTS CENTER
    5263 OWL CREEK RD
    SNOWMASS VILLAGE,CO81615     		NONE   CHARITABLE 5,000
    RAVINIA
    418 SHERIDAN ROAD
    HIGHLAND PARK,IL60035     		NONE   CHARITABLE 40,000
    THE CHICAGO COMMUNITY TRUST
    225 N MICHIGAN AVE 2200
    CHICAGO,IL60601     		NONE   CHARITABLE 10,000
    JOFFREY BALLET
    10 E RANDOLPH ST
    CHICAGO,IL60601     		NONE   CHARITABLE 10,000
    HUMAN RIGHTS WATCH
    350 FIFTH AVENUE 34TH FLOOR
    NEW YORK,NY10118     		NONE   CHARITABLE 11,000
    INNOVATION FOUNDATION INC
    1130 W MONROE
    CHICAGO,IL60607     		NONE   CHARITABLE 25,000
    PEER HEALTH EXCHANGE
    223 W JACKSON BLVD SUITE 600
    CHICAGO,IL60606     		NONE   CHARITABLE 25,000
    MEDICAL MISSIONS FOR CHILDREN
    637 WYCKOFF AVENUE SUITE 345
    WYCKOFF,NJ07481     		NONE   CHARITABLE 60,000
    COMMUNITYHEALTH
    2611 W CHICAGO AVE
    CHICAGO,IL60622     		NONE   CHARITABLE 10,000
    AM SHALOM
    840 VERNON AVE
    GLENCOE,IL60022     		NONE   CHARITABLE 150,000
    AUSL
    3400 N AUSTIN AVE
    CHICAGO,IL60634     		NONE   CHARITABLE 100,000
    CHICAGO CARES INC
    2 N RIVERSIDE PLAZA 1800
    CHICAGO,IL60606     		NONE   CHARITABLE 30,000
    ALZHEIMER'S DRUG DISCOVERY FOUNDATION
    57 WEST 57TH STREET SUITE 904
    NEW YORK,NY10019     		NONE   CHARITABLE 50,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    262 DANNY THOMAS PLACE
    MEMPHIS,TN38105     		NONE   CHARITABLE 125,000
    SANDY HOOK PROMISE
    13 CHURCH HILL ROAD
    NEWTOWN,CT06470     		NONE   CHARITABLE 10,000
    JOHNS HOPKINS UNIVERSITY
    3400 N Charles Street
    BALTIMORE,MD21218     		NONE   CHARITABLE 200,000
    AMERICAN DOCUMENTARY INC
    20 JAY ST SUITE 940
    BROOKLYN,NY11201     		NONE   CHARITABLE 10,000
    CHICAGO FOUNDATION FOR WOMEN
    140 S DEARBORN ST 400
    CHICAGO,IL60603     		NONE   CHARITABLE 10,000
    FUND FOR A SAFER FUTURE
    1201 Connecticut Ave NW Ste 300
    Washington DC,DC20036     		NONE   CHARITABLE 50,000
    CHILDREN'S FIRST FUND
    42 W MADISON ST
    CHICAGO,IL60602     		NONE   CHARITABLE 31,620
    MILLENNIUM PARK FOUNDATION
    201 E RANDOLPH ST
    CHICAGO,IL60602     		NONE   CHARITABLE 900,000
    WOOD FAMILY FOUNDATION
    121 W WACKER DR 619
    CHICAGO,IL60601     		NONE   CHARITABLE 25,000
    CHICAGO ABORTION FUND
    333 W NORTH AVENUE STE 267
    CHICAGO,IL60610     		NONE   CHARITABLE 20,000
    KIDS FIRST CHICAGO
    21 S CLARK ST 4301
    CHICAGO,IL60603     		NONE   CHARITABLE 30,000
    BEAR HUG FOUNDATION
    139 W MAPLE RD
    BIRMINGHAM,MI48009     		NONE   CHARITABLE 2,500
    NM OCIM
    150 E HURON ST SUITE 1100
    CHICAGO,IL60611     		NONE   CHARITABLE 10,000
    CHICAGO WOMEN IN PHILANTROPY
    4210 W IRVING PARK RD
    CHICAGO,IL60641     		NONE   CHARITABLE 150
    POLITICO
    1000 WILSON BOULEVARD 8TH FLOOR
    ARLINGTON,VA22209     		NONE   CHARITABLE 7,000
    CHICAGO COUNCIL ON GLOBAL AFFAIRS THE
    TWO PRUDENTIAL PLAZA 180 N STETSON
    CHICAGO,IL60601     		NONE   CHARITABLE 2,000
    GREEN HOUSE SCHOLARS
    1820 FOLSOM ST
    BOULDER,CO80302     		NONE   CHARITABLE 500
    Chicago Media Project
    301 W GRAND AVE 170
    CHICAGO,IL60654     		NONE   CHARITABLE 10,000
    AMERICAN CANCER SOCIETY
    225 MICHIGAN AVE 1200
    CHICAGO,IL60601     		NONE   CHARITABLE 5,000
    RENAISSANCE SOCIETY THE
    5811 S ELLIS AVE
    CHICAGO,IL60637     		NONE   CHARITABLE 5,000
    WTTW
    5400 N Saint Louis Ave
    Chicago,IL60625     		NONE   CHARITABLE 10,000
    HACK CLUB
    576 NATOMA ST
    SAN FRANCISCO,CA94103     		NONE   CHARITABLE 2,000
    GUY GELEERD MEMORIAL THE
    180 N Michigan Ave Ste 2100
    Chicago,IL60601     		NONE   CHARITABLE 1,000
    ISRAEL CANCER RESEARCH FUND
    52 VANDERBILT AVENUE SUITE 1510
    NEW YORK,NY10017     		NONE   CHARITABLE 5,000
    GLOBAL HEALTH INITIATIVE FUND
    420 E SUPERIOR ST
    CHICAGO,IL60611     		NONE   CHARITABLE 10,000
    FOREFRONT
    208 S LASALLE ST 1540
    CHICAGO,IL60604     		NONE   CHARITABLE 2,500
    LURIE CHILDREN'S FOUNDATION
    225 E CHICAGO AVE
    CHICAGO,IL60611     		NONE   CHARITABLE 25,000
    SUNDANCE INSTITUTE
    1500 KEARNS BLVD
    PARK CITY,UT84060     		NONE   CHARITABLE 15,000
    LEAP INNOVATIONS
    222 W MERCHANDISE MART PLAZA 2300
    CHICAGO,IL60654     		NONE   CHARITABLE 1,500
    GATEWAY FOR CANCER RESEARCH
    500 REMINGTON RD
    SCHAUMBURG,IL60173     		NONE   CHARITABLE 25,000
    WOMEN'S FUNDING NETWORK
    230 W MONROE ST 710
    CHICAGO,IL60606     		NONE   CHARITABLE 1,330
    FUNDERS FOR REPRODUCTIVE EQUITY
    230 W MONROE ST 710
    CHICAGO,IL60606     		NONE   CHARITABLE 1,375
    JDRF
    1 N LASALLE ST
    CHICAGO,IL60602     		NONE   CHARITABLE 2,500
    U CHICAGO CANCER RESEARCH FOUNDATION
    130 EAST RANDOLPH STREET SUITE 2500
    CHICAGO,IL60601     		NONE   CHARITABLE 10,000
    CHICAGO PUBLIC EDUCATION FUND THE
    200 W ADAMS ST 2150
    CHICAGO,IL60606     		NONE   CHARITABLE 25,000
    FOCIS
    1930 MANNHEIM RD
    MELROSE PARK,IL60160     		NONE   CHARITABLE 10,000
    MADISON SQUARE PARK
    11 MADISON AVE
    NEW YORK,NY10010     		NONE   CHARITABLE 50,000
    ABTA
    8550 W BRYN MAWR AVE
    CHICAGO,IL60631     		NONE   CHARITABLE 10,000
    RONALD MCDONALD HOUSE AT LURIE'S HOSP
    211 E GRAND AVE
    CHICAGO,IL60611     		NONE   CHARITABLE 5,000
    Total .................................bullet 3a 7,344,429
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		         
    4 Dividends and interest from securities....     14 622,967  
    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.....     41 32,615  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 -123,915  
    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)..   531,667  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    531,667
    (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
    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 Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2018
    Name of the organization
    The Lefkofsky Family Foundation
     
    Employer identification number

    20-7066362
    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 isn't covered by the General Rule and/or the Special Rules doesn't 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 doesn't 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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018) Page 2
    Name of organization
    The Lefkofsky Family Foundation
          		Employer identification number
    20-7066362
    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
    WILLIAM SANDRA LEFKOFSKY  
    5355 PLEASANT LAKE DRIVE
     
    WEST BLOOMFIELD, MI48322

    		$ 24,000


    (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.)
    (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.)
    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 3
    Name of organization
    The Lefkofsky Family Foundation
          		Employer identification number

    20-7066362
    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
     
    		$    
    (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
     
    		$    
    (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) (2018)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2018)
    Page 4
    Name of organization
    The Lefkofsky Family Foundation
          		Employer identification number

    20-7066362
    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) (2018)

    Additional Data


    Software ID:  
    Software Version:  

    TY 2018 AccountingFeesSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 7,275     7,275

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Category Amount
    NONE  

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

    TY 2018 DepreciationSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsCorpStockSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Name of Stock End of Year Book Value End of Year Fair Market Value
    INNERWORKINGS INC 4,115,700 2,019,600
    GROUPON INC 0 0
    EXICURE 180,000 212,400
    ISTARI ONCOLOGY INC 529,284 529,284

    TY 2018 InvestmentsOtherSchedule2
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    BDT CAPITAL PARTNERS II AT COST 3,111,628 3,946,457
    IMPACT ENGINE IV AT COST 56,088 56,056
    TEMPUS SERIES B-2 INVESTMENTS AT COST 12,058,219 12,500,000
    TEMPUS SERIES E INVESTMENTS AT COST 6,000,000 6,000,000
    346 SHORT AT COST 15,129,136 14,562,605

    TY 2018 LegalFeesSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 9,185     9,185


    TY 2018 OtherAssetsSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    REIMBURSEMENTS 128 0 0


    TY 2018 OtherExpensesSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE SUPPLIES 2,192     2,192
    COMPUTER & INTERNET 6,099     6,099
    MISCELLANEOUS EXPENSES 3,548     3,548
    PAYROLL ADMIN FEES 6,854     6,854
    PASS-THROUGH EXPENSES FROM BDT        
    CAPITAL PARTNERS FUND II (TE)        
    FEIN: 30-0832885 68,727 68,727    
    PASS-THROUGH EXPENSES FROM        
    IMPACT ENGINE IV, LLC        
    FEIN: 47-4070307 3,181 3,181    
    DUES AND SUBSCRIPTIONS 101     101
    ADVERTISING 1,469     1,469
    POSTAGE AND DELIVERY 36     36
    RENT EXPENSE 9,342     9,342
    SUCCESS BOUND EXPENSES 31,450     31,450
    PASS-THROUGH EXPENSES FROM        
    346 SHORT, LLC        
    FEIN: 47-5537311 18,576 18,576    
    PASS-THROUGH EXPENSES FROM        
    FUND II-A SPIRITS, LP        
    FEIN: 20-7066362 92 92    


    TY 2018 OtherIncomeSchedule2
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    BDT CAPITAL PARTNERS FUND II PORTFOLIO 8,110 8,110  
    346 SHORT - OTHER INCOME -13,537 -13,537  
    346 SHORT - OTHER ORDINARY INCOME 22,042 22,042  


    TY 2018 OtherLiabilitiesSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Description Beginning of Year - Book Value End of Year - Book Value
    AMERICAN EXPRESS PAYABLE 480 5,624


    TY 2018 TaxesSchedule
    Name:
    The Lefkofsky Family Foundation
    EIN:
    20-7066362
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 29,651     29,651