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
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 07-01-2017 , and ending 06-30-2018
Name of foundation
THE SUNSHINE CHARITABLE FOUNDATION
 
% DAVID R POPOVICH
Number and street (or P.O. box number if mail is not delivered to street address)1603 orrington avenue ste 450
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
evanston, IL60201
A Employer identification number

20-1919538
B Telephone number (see instructions)

(847) 615-9560
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$128,492,916J Accounting method:
MODIFIED CASH
(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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 207,264 207,236  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 58,993,623
b Gross sales price for all assets on line 6a 65,623,826
7 Capital gain net income (from Part IV, line 2)... 58,905,593
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 688,286 -78,170  
12 Total. Add lines 1 through 11........ 59,889,173 59,034,659  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 72,900 64,560 0 8,340
b Accounting fees (attach schedule)....... Click to see attachment 236,833 56,168 0 180,665
c Other professional fees (attach schedule).... Click to see attachment 1,001,895 958,501   43,394
17 Interest............... 6,321 5,625    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 1,072,636      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 25,238 23,600   1,638
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 225,079 223,184   1,885
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,640,902 1,331,638 0 235,922
25 Contributions, gifts, grants paid....... 4,252,500 4,252,500
26 Total expenses and disbursements. Add lines 24 and 25 6,893,402 1,331,638 0 4,488,422
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 52,995,771
b Net investment income (if negative, enter -0-) 57,703,021
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
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............. 1,431,479 6,668,754 6,668,754
2 Savings and temporary cash investments......... 6,033,198 41,703,191 41,703,191
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..........   563 563
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 2,506,447    
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).......... 42,157,112 Click to see attachment56,436,230 80,120,408
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) 52,128,236 104,808,738 128,492,916
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 FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 52,128,236 104,808,738
29 Total net assets or fund balances (see instructions)..... 52,128,236 104,808,738
30 Total liabilities and net assets/fund balances (see instructions). 52,128,236 104,808,738
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 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
52,128,236
2
Enter amount from Part I, line 27a .....................
2
52,995,771
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
105,124,007
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
315,269
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
104,808,738
Form 990-PF (2019)
Form 990-PF (2019)
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 TLP SUNSHINE LLC CLASS G P    
b GCG INVESTORS III, LP P    
c RESOLUTE ANNEX I, LP P    
d RESOLUTE I, LP P    
e RESOLUTE II, LP P    
RESOURCE LAND FUND IV P    
RPM VENTURES III, LP P    
METHOD ONE, LLC P    
TLP SUNSHINE LSET P    
AIMT P    
FIDELITY P    
RDM SUPERNOVA P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 900,000   967,081 -67,081
b 40,325     40,325
c 34,883     34,883
d 32,293     32,293
e     83,217 -83,217
283,624   266,274 17,350
    14,290 -14,290
    39,456 -39,456
497,180   500,000 -2,820
62,582,474   2,506,447 60,076,027
75,294   1,380,775 -1,305,481
1,177,753   960,693 217,060
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       -67,081
b       40,325
c       34,883
d       32,293
e       -83,217
      17,350
      -14,290
      -39,456
      -2,820
      60,076,027
      -1,305,481
      217,060
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 58,905,593
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))
2018 1,559,527 97,891,238 0.015931
2017 1,985,468 85,828,222 0.023133
2016 4,047,718 55,655,736 0.072728
2015 4,834,590 50,387,226 0.095949
2014 7,490,454 53,812,175 0.139196
2
Total of line 1, column (d) .....................
2
0.346937
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
0.069387
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
125,746,288
5
Multiply line 4 by line 3......................
5
8,725,158
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
577,030
7
Add lines 5 and 6........................
7
9,302,188
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,488,422
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 (2019)
Form 990-PF (2019)
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 1,154,060
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 1,154,060
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 1,154,060
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 1,152,798
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 115,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 1,267,798
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 10 113,738
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet113,738 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? Click to see attachment....................
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 changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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.Click to see attachment
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 2019 or the taxable year beginning in 2019? 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 (2019)
    Form 990-PF (2019)
    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
    Yes
     
    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 ofbulletDAVID R POPOVICH Telephone no.bullet (847) 615-9560

    Located atbullet1603 ORRINGTON AVE STE 450EVANSTONIL ZIP+4bullet60201
    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 2019, 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? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletSZ
    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 2019?.............
    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 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    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 2019 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 2019.)..................
    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 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
     
    No
    .........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). Click to see attachment
    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
    DAVID G BUNNING PRESIDENT, DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue ste 450
    210
    evanston,IL60201
    DENISE A BUNNING VICE PRESIDENT, DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue ste 450
    210
    evanston,IL60201
    MICHAEL HUGHES SECRETARY, DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue ste 450
    210
    evanston,IL60201
    DAVID POPOVICH TREASURER, DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue ste 450
    210
    evanston,IL60201
    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
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    ERNST & YOUNG LLP ACCOUNTING SERVICES 236,833
    155 N WACKER DR
    CHICAGO,IL60606
    Farella Braun Martel LLP LEGAL SERVICES 51,176
    235 MONTGOMERY STREET
    SAN FRANCISCO,CA94104
    TLP SERVICES administrative svcs 1,328,337
    1603 ORRINGTON AVENUE
    EVANSTON,IL60201
    TLP TRADING LLC INVESTMENT FEE 79,574
    225 E DEERPATH 211
    LAKE FOREST,IL60045
    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.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    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
    29,215,760
    b
    Average of monthly cash balances.......................
    1b
    27,063,045
    c
    Fair market value of all other assets (see instructions)................
    1c
    71,382,401
    d
    Total (add lines 1a, b, and c).........................
    1d
    127,661,206
    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
    127,661,206
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,914,918
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    125,746,288
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,287,314
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,287,314
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    1,154,060
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    1,154,060
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,133,254
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,133,254
    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
    5,133,254
    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
    4,488,422
    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
    4,488,422
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,488,422
    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 (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2018     		(c)
    2018     		(d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 5,133,254
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:2015, 2014, 2013 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014......  
    b From 2015......  
    c From 2016...... 1,166,574
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 1,166,574
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 4,488,422
    a Applied to 2018, 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 2019 distributable amount..... 4,488,422
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 644,832 644,832
    (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 5 521,742
    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 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		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 2014 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		521,742
    10 Analysis of line 9:
    a Excess from 2015....  
    b Excess from 2016.... 521,742
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 2019, 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) 2019 (b) 2018 (c) 2017 (d) 2016
             
    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).)
    DAVID G BUNNING
    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.
    DAVID G BUNNING
    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 (2019)
    Form 990-PF (2019)
    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
    Ames Education Foundation
    PO Box 1125
    Ames,IA50014     		None PC General support Grant 11,000
    APFED
    PO Box 29545
    Atlanta,GA30359     		None PC General Support Grant 25,000
    Boys & Girls Club of Door County Inc
    55 South Third Ave
    Sturgeon Bay,WI54235     		None PC General Support grant 10,000
    Cincinnati Children's Hospital Med Ctr
    3333 Burnett Avenue
    Cincinnati,OH45229     		none PC Cincinnati Center for Eosinophilis Disorders 250,000
    Clark School District
    220 N Clinton
    Clark,SD57225     		none PC General support grant 5,000
    Community Resource Prog of Door Cnty
    PO Box 741
    Sturgeon Bay,WI54235     		none PC general support grant 5,000
    CURED NFP
    2937 Bayberry Drive
    Buffalo Grove,IL60089     		none PC general support grant 1,000
    Erikson Institute
    451 N LaSalle Street
    Chicago,IL60654     		none PC general support grant 5,000
    FARE
    515 Madison Avenue Suite 1912
    New York,NY10022     		none PC GENERAL SUPPORT GRANT 614,000
    Foundation for Lee Cnty Public Schools
    PO Box 1608
    Fort Myers,FL33902     		none PC general support grant 5,000
    Galena School District #120
    1206 Franklin
    Galena,IL61036     		none PC general support grant 5,000
    Glenbrook High School District 225
    1835 Landwehr Road
    Glenview,IL60026     		none PC general support grant 5,000
    HELP of Door County Inc
    219 Green Bay Road
    Sturgeon Bay,WI54235     		none PC general support grant 5,000
    Help Our Military Heroes Inc
    15 Pheasant Land
    Easton,CT06612     		none PC general support grant 5,000
    Lake County Cares
    400 E Illinois Rd
    Lake Forest,IL60045     		none PC general support grant 1,000
    Lake Forest High School Foundation
    1285 North McKinley Road
    Lake Forest,IL60045     		none PC general support grant 5,000
    National-Louis University
    1000 CAPITOL DRIVE
    WHEELING,IL60090     		none PC general support grant for National College of Education 5,000
    National Alopecia Areata Foundation
    14 Mitchell Blvd
    San Rafael,CA94903     		none PC general support grant 50,000
    National Wrestling Coaches Assoc Inc
    PO Box 254
    Manheim,PA17545     		none PC general support grant 25,000
    Northern Illinois University Foundation
    1425 W Lincoln Highway
    DeKalb,IL60115     		none PC general support grant for college of education 5,000
    Northwestern Lake Forest Hospital
    660 N Westmoreland Road
    Lake Forest,IL60045     		none PC General Support Grant 150,000
    Ounce of Prevention Fund
    33 W Monroe Street Suite 2400
    Chicago,IL60603     		none PC General support Grant 10,000
    Spirit of 67 Foundation
    300 South Waukegan Road
    Lake Forest,IL60045     		none PC General support grant 5,000
    Sturgeon Bay School District
    1230 Michigan Street
    Sturgeon Bay,WI54235     		none PC general support grant 10,000
    Trustees of Boston College
    140 Commonwealth Avenue
    Chestnut Hill,MA02467     		none PC lynch school of education & connell school of nursing: general support grants 10,000
    University of Chicago
    5235 S Harper Court 4th Floor
    Chicago,IL60615     		none PC Comer Children's Hospital's Pediatric Mobile Medical Unit 2,500
    United Way of Door County
    PO Box 223
    Sturgeon Bay,WI54235     		none PC general support grant 5,000
    Waterloo Community School District
    1516 Washington Street
    Waterloo,IA50702     		none PC james e. bunning scholarships 7,500
    DUCKS UNLIMITED INC
    3427 VERNON AVE
    BROOKFIELD,IL60513     		NONE PC GENERAL SUPPORT GRANT 30,000
    harvard university
    124 mount auburn street
    suite 430n
    cambridge,MA02138     		none PC Anaphylaxis research 125,000
    LUCILE PACKARD FDN FOR CHILDRENS HEALTH
    400 HAMILTON AVENUE STE 340
    PALO ALTO,CA94301     		none PC sean n. parker center for allergy research 250,000
    ann & robert H lurie childrens hosp of chicago
    225 e chicago ave box 4
    chicago,IL606114455     		none PC general support grant 40,000
    northwestern university
    1201 davis St
    evanston,IL60201     		none PC Northwestern University Feinberg School of Medicine Bunning Chair for Food Allergy Research Fund 2,050,000
    Regents of the University of Michigan
    1000 oakbrook drive suite 100
    ann arbor,MI48104     		none PC general support grant 5,000
    BEAT THE STREETS WRESTLING INC
    252 West 37th St Suite 400
    new york,NY10018     		NONE PC general support Grant 2,500
    BOTTOM LINE INC - CHICAGO
    65 E Wacker Pl Suite 800
    CHICAGO,IL60601     		NONE PC GENERAL SUPPORT GRANT 10,000
    Boys & Girls Club of Lake County
    1801 Sheridan Rd Suite 202
    NORTH CHICAGO,IL60064     		NONE PC GENERAL SUPPORT GRANT 15,000
    Chicago Cred Inc
    300 E RANDOLPH ST 40TH FLOOR
    CHICAGO,IL60601     		NONE POF Transformative reduction in Chicago gun violence 250,000
    Childrens Brittle Bone Foundation
    920 S Waukegen Rd
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT GRANT 10,000
    Erika's Lighthouse A Beacon of Hope for Adolescent
    897 1/2 Green Bay Rd
    winnetka,IL60093     		NONE PC GENERAL SUPPORT GRANT 2,500
    Glenbard South High School Boosters Association
    23W200 Butterfield Rd
    GLEN ELLYN,IL60137     		NONE PC Turf Field Expense Obligations Project 15,000
    Mission of Our Lady of Mercy
    1140 Jackson Blvd
    CHICAGO,IL60607     		NONE PC GENERAL SUPPORT GRANT 2,500
    Mothers Trust Foundation
    400 E Illinois Rd
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT GRANT 1,000
    National Wrestling Hall of Fame Inc
    405 W Hall of Fame Ave
    STILL WATER,OK74075     		NONE PC GENERAL SUPPORT GRANT 200,000
    The Josselyn Center NFP
    405 Central Ave
    NORTHFIELD,IL60093     		NONE PC GENERAL SUPPORT GRANT 1,000
    NORTHWESTERN MEMORIAL FOUNDATION
    251 E HURON STREET GALTER 3-200
    CHICAGO,IL60611     		NONE PC GENERAL SUPPORT DRAFT 1,000
    Total .................................bullet 3a 4,252,500
    bApproved for future payment
    CINCINNATI CENTER FOR EOSINOPHILIC DISORDERS
    333 BURNET AVE
    CINCINNATI,OH452293039     		NONE PC EOSINOPHILIC DISORDERS 500,000
    NORTHWESTERN UNIVERSITY - DR RUCHI
    225 E CHICAGO AVENUE
    CHICAGO,IL60611     		NONE PC Committed $50/year for 4 years for Dr Ruchi Gupta 200,000
    Lucile Packard Foundation for Children's Health
    400 hamilton avenue suite 340
    palo alto,CA94301     		NONE PC Sean N. Parker Center for Allergy Research at Stanford (Dr. Kari Nadeau) 750,000
    DUCKS UNLIMITED
    955 MELLODY ROAD
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT GRANT 400,000
    MIT Deshpande Center for Technological Development
    1 BROADWAY
    CAMBRIDGE,MA02142     		none PC Deshpande Center for Technological Innovation 150,000
    Total .................................bullet 3b 2,000,000
    Form 990-PF (2019)
    Form 990-PF (2019)
    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 ...........     		    14 207,264  
    4 Dividends and interest from securities....          
    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 ............     		525990 88,030 18 58,905,593  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRESOURCE LAND FUND IV K-1 INCOME     		525990 -75,451 01 -5,831  
    bGCG INVESTORS III, INCOME 525990 5,819 01 231  
    cRESOLUTE ANNEX I, LP 525990   01 6,296  
    dRESOLUTE I, LP 525990   01 454,995  
    eRESOLUTE II, LP 525990   01 251,254  
    fMETHOD ONE LLC (FKA KDWC VENTURE FUND) 525990 -32,918 01 6,055  
    gRPM VENTURES III, LP 525990 -45 01 45  
    hRESOLUTE III 230000 -623 01 87,592  
    iGCG IV 525990   01 -9,133  
    12 Subtotal. Add columns (b), (d), and (e).. -15,188 59,904,361  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    59,889,173
    (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 (2019)
    Form 990-PF (2019)
    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 (2019)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2017 AccountingFeesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 236,833 56,168   180,665

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

    TY 2017 DepreciationSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    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

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

    TY 2017 ExpenditureResponsibilityStmt
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    CHICAGO CRED - see attached
          		 
          		        NO      

    TY 2017 InvestmentsOtherSchedule2
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CFIP OFFSHORE FUND FMV 6,436 5,068
    TLP SUNSHINE LTD. FMV 31,807,108 24,164,188
    RESOURCE LAND FUND FMV 1,788,522 2,509,804
    AUVEN FUND FMV 1,391,252 25,694,281
    RESOLUTE I LP FMV 1,170,874 1,867,717
    BRAUVIN FMV 935,856 935,856
    KDWC FMV 793,860 880,955
    RESOLUTE II LP FMV 904,623 1,092,030
    RESOLUTE ANNEX FMV 471,889 793,098
    GCG INVESTORS III FMV 991,609 1,339,681
    BEFORE BRANDS FMV 451,983 699,998
    CARD.COM FMV 147,862 47,008
    FOODA FMV 174,615 294,554
    RMD SUPERNOVA FMV   373,680
    RPM VENTURES III FMV 343,354 421,314
    SPOKIN FMV 500,235 500,000
    ADC THERAPEUTICS FMV 2,093,025 4,864,380
    ABREOS FMV 420,150 418,000
    BRILLIANT PET 2 FMV 75,948 83,433
    C2 SENSE FMV 339,339 311,110
    CLOSTRABIO FMV 802,427 852,252
    GCG INVESTORS IV FMV 495,983 509,848
    HCAC III FMV 953,123 824,448
    NJOY HOLDINGS, INC. FMV 1,625,060 1,600,000
    IMVAX FMV 1,504,821 1,500,000
    PANGEA FMV 380,309 379,999
    RESOLUTE III LP FMV 838,472 1,130,550
    SCANSORIAL ROOT FMV 292,095 250,000
    TLPIP PARTNERS I FMV 1,565,325 2,786,494
    FIDELITY FMV    
    BGW VENTURES FMV 203,153 200,000
    CONSORTIA TX FMV 261,297 250,274
    NEW VENTURES III VO FMV 1,139,923 1,125,000
    SAFESITE FMV 139,500 125,000
    SIDX FMV 255,468 250,000
    TRIPLE ENDOSCOPY FMV 333,836 229,697
    TLPIP PARTNERS 2 FMV 836,898 810,691

    TY 2017 LegalFeesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 72,900 64,560   8,340


    TY 2017 OtherDecreasesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description Amount
    CHANGE IN ACCRUED EXPENSES 315,269


    TY 2017 OtherExpensesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CUSTODY FEES 1,084 1,084    
    STATE REGISTRATION FEES 68     68
    SUBSCRIPTIONS 2,863 2,000   863
    POSTAGE & SHIPPING 663 31   632
    GCG INVESTORS III 16,730 16,637   93
    RESOLUTE ANNEX I 5,285 5,285    
    RESOLUTE I, LP 16,437 16,437    
    RESOLUTE II, LP 22,203 22,203    
    TLPIP PARTNERS I 4,907 4,907    
    RPM VENTURES III 27,405 27,405    
    GCG IV 23,528 23,525   3
    METHOD ONE LLC (FKA KDMC) 20,624 20,624    
    RESOLUTE III 73,037 73,037    
    TLPIP PARTNERS 2 5,680 5,680    
    SUPPLIES 50 50    
    OFFICE SUPPLIES 205     205
    BANK FEES 488 488    
    RESOURCE LAND FUND IV 3,797 3,791   6
    IL STATE FILING FEES 15     15
    CALIFORNIA STATE FILING FEES 10      


    TY 2017 OtherIncomeSchedule2
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GCG INVESTORS III, LP 6,050 1,945  
    RESOLUTE ANNEX I, LP 6,296 0  
    RESOLUTE I, LP 454,995 0  
    RESOLUTE II, LP 251,254 0  
    RESOURCE LAND FUND IV -81,282 -5,594  
    METHOD ONE LLC (FKA KDWC VENTURE FUND) -26,863 -65,385  
    GCG IV -9,133 -9,136  
    RESOLUTE III 86,969    


    TY 2017 OtherProfessionalFeesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GRAPHIC DESIGN FEES 500     500
    CONSULTING FEES 434 434    
    INVESTMENT MANAGEMENT FEE 79,574 79,574    
    SERVICE FEE EXPENSE 921,387 878,493   42,894


    TY 2017 TaxesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    AZ STATE EXTENSION 50      
    CA FRANCHISE TAX BOARD 102      
    US TREASURY 1,072,040      
    CO DEPT OF REVENUE 208      
    IDAHO STATE TAX COMMISSION 20      
    HI STATE TAX COLLECTOR 210      
    VA DEPARTMENT OF TAXATION 6