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
Grand Victoria Foundation
 
% MARY KAY FRANCEL
Number and street (or P.O. box number if mail is not delivered to street address)230 WEST MONROE STREET Suite 2530
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60606
A Employer identification number

36-4107162
B Telephone number (see instructions)

(312) 609-0200
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$123,041,108J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 5,569,815
2 Check bullet.............
3 Interest on savings and temporary cash investments 775 775  
4 Dividends and interest from securities... 2,992,031 3,219,699  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 8,473,609
b Gross sales price for all assets on line 6a 21,709,759
7 Capital gain net income (from Part IV, line 2)... 8,398,688
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 17,036,230 11,619,162  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 196,000     196,000
14 Other employee salaries and wages...... 1,033,793     820,691
15 Pension plans, employee benefits....... 195,993     209,810
16a Legal fees (attach schedule)......... Click to see attachment 87,793 0 0 87,793
b Accounting fees (attach schedule)....... Click to see attachment 50,460 25,230 0 25,230
c Other professional fees (attach schedule).... Click to see attachment 342,162 80,545 0 278,299
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 175,000      
19 Depreciation (attach schedule) and depletion... Click to see attachment 38,005    
20 Occupancy.............. 193,314     203,939
21 Travel, conferences, and meetings....... 83,398     76,867
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 157,359 1,534 0 146,660
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,553,277 107,309 0 2,045,289
25 Contributions, gifts, grants paid....... 7,137,023 5,436,023
26 Total expenses and disbursements. Add lines 24 and 25 9,690,300 107,309 0 7,481,312
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 7,345,930
b Net investment income (if negative, enter -0-) 11,511,853
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............. 422,072 1,014,370 1,014,370
2 Savings and temporary cash investments......... 50,321 50,527 50,527
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet5,569,815
Less: allowance for doubtful accounts bullet   4,609,432 5,569,815 5,569,815
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.......... 2,160 4,375 4,375
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 124,981,705 Click to see attachment116,365,914 116,365,914
14 Land, buildings, and equipment: basis bullet674,215
Less: accumulated depreciation (attach schedule) bullet638,108 62,227 36,107 36,107
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 130,127,917 123,041,108 123,041,108
Liabilities 17 Accounts payable and accrued expenses.......... 153,253 342,696
18 Grants payable................. 833,000 2,534,000
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 attachment572,140 Click to see attachment244,321
23 Total liabilities (add lines 17 through 22)......... 1,558,393 3,121,017
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.................. 128,569,524 119,920,091
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........    
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)..... 128,569,524 119,920,091
31 Total liabilities and net assets/fund balances (see instructions). 130,127,917 123,041,108
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
128,569,524
2
Enter amount from Part I, line 27a .....................
2
7,345,930
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
326,526
4
Add lines 1, 2, and 3 ..........................
4
136,241,980
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
16,321,889
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
119,920,091
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 VANGUARD BOND MARKET      
b VANGUARD INTERNATIONAL STOCK INDEX FUND      
c VANGUARD TOTAL STOCK MARKET INDEX FUND      
d STATE STREET GLOBAL ADVISORS      
e K-1 SSGA 1-3 YEAR U.S. AGENCY INDEX-ST      
K-1 SSGA 1-3 YEAR U.S. AGENCY INDEX-LT      
K-1 SSGA 1-3 YEAR U.S. CREDIT INDEX-ST      
K-1 SSGA 1-3 YEAR U.S. CREDIT INDEX-LT      
K-1 SSGA 1-3 YEAR U.S. TREASURY INDEX-ST      
K-1 SSGA 1-3 YEAR U.S. TREASURY INDEX-LT      
(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 1,000,000   1,018,332 -18,332
b 6,750,000   5,310,437 1,439,563
c 12,750,000   5,756,927 6,993,073
d 1,209,763   1,150,458 59,305
e       -436
      -4,256
      -1,078
      -13,351
      -9,034
      -46,766
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       -18,332
b       1,439,563
c       6,993,073
d       59,305
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 8,398,688
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 7,176,185 119,190,887 0.060207
2016 7,227,868 113,938,835 0.063436
2015 7,398,413 109,277,522 0.067703
2014 5,871,966 108,119,746 0.05431
2013 7,882,528 104,340,906 0.075546
2
Total of line 1, column (d) .....................
2
0.321202
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
0.06424
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
123,963,115
5
Multiply line 4 by line 3......................
5
7,963,391
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
115,119
7
Add lines 5 and 6........................
7
8,078,510
8
Enter qualifying distributions from Part XII, line 4,.............
8
7,493,197
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 1 230,237
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........................... 3 230,237
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- ..... 5 230,237
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 200,802
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 250,802
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 20,565
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet20,565 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 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.GRANDVICTORIAFDN.ORG
    14
    The books are in care ofbulletMARY KAY FRANCEL Telephone no.bullet (312) 609-0200

    Located atbullet230 W MONROE STREET 2530ChicagoIL ZIP+4bullet60606
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet  
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    Philip M Kayman President/Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Daniel Azark Vice President/Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Will Martin Treasurer/Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Phyllis James Secretary/Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Taffy Hoffer Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Eric T McKissack Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Nicholas J Pritzker Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Tom Reeg Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Dr Arin Reeves Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Mary Ryan Assistant Secretary
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Ushma Shah Director
    5.0     		0 0 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    Sharon Bush Executive Director
    40.0     		196,000 30,381 0
    230 WEST MONROE STREET
    SUITE 2530
    CHICAGO,IL60606
    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
    NANCY FISHMAN EXEC. DIR. EMERITUS
    40.0     		265,244 1,134 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    MARY KAY FRANCEL DIR. OF OPERATIONS
    40.0     		111,500 17,914 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    NEETA BODDAPATI NETWORK LEADER
    40.0     		104,083 15,824 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    JENNIFER PHILLIPS PROGRAM DIRECTOR
    40.0     		83,905 5,214 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    MARY ELLEN PRISCHMAN ACCTNG & OFFICE MGR
    40.0     		74,100 28,867 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    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
    Neal Gerber Eisenberg Legal 93,921
    2 North LaSalle
    CHICAGO,IL60602
    Cocreative Consulting Consulting 73,163
    859 Van Buren St NW
    WASHINGTON,DC20012
    Aon Hewitt Investment Consulting Inc Investment Advisor 70,500
    200 E Randolph Street Suite 1500
    CHICAGO,IL60601
    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
    124,864,832
    b
    Average of monthly cash balances.......................
    1b
    986,046
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    125,850,878
    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
    125,850,878
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,887,763
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    123,963,115
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,198,156
    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
    6,198,156
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    230,237
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    230,237
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,967,919
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    5,967,919
    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
    5,967,919
    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
    7,481,312
    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
    11,885
    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
    7,493,197
    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
    7,493,197
    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 5,967,919
    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...... 2,720,290
    b From 2014...... 577,723
    c From 2015...... 2,051,215
    d From 2016...... 1,583,529
    e From 2017...... 1,299,932
    fTotal of lines 3a through e........ 8,232,689
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 7,493,197
    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..... 5,967,919
    e Remaining amount distributed out of corpus 1,525,278
    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 9,757,967
    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) ...     		2,720,290
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		7,037,677
    10 Analysis of line 9:
    a Excess from 2014.... 577,723
    b Excess from 2015.... 2,051,215
    c Excess from 2016.... 1,583,529
    d Excess from 2017.... 1,299,932
    e Excess from 2018.... 1,525,278
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Grand Victoria Foundation
    230 W MONROE ST STE 2530
    CHICAGO,IL60606
    (312) 609-0200
    bThe form in which applications should be submitted and information and materials they should include:
    N/A
    cAny submission deadlines:
    The Foundation has three competitive grant programs: Core Program, Elgin Grantworks, and Vital Lands
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    The Foundation's Core Program is limited to support of efforts in the state of Illinois in the fields of education, environmental matters and economic and community development. The Foundation's Elgin Grantworks Program is limtied to qualified organizations based in and operating for the benefit of Elgin, Illinois. Grants awarded through this program support general operations. The Foundation's Vital Lands Program provides funding for protection of important natural areas in Illinois. Please see further detail on the additional pages of Attachment 13. 13.
    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
    Alignment Collaborative for Education
    1750 Grandstand Place
    Suite 5
    Elgin,IL60123     		None PC General Operating 4,000
    Alignment Collaborative for Education
    1750 Grandstand Place
    Suite 5
    Elgin,IL60123     		None PC General Operating 40,000
    Alliance for the Great Lakes
    150 N Michigan Ave
    Suite 700
    Chicago,IL606010003     		None PC General Operating 225,000
    American Cancer Society
    1801 Myers Road
    Suite 100
    Oakbrook Terrace,IL60181     		None PC General Operating 1,000
    Association for Individual Development
    1135 Bowes Road
    Elgin,IL60123     		None PC General Operating 4,000
    Association for Individual Development
    1135 Bowes Road
    Elgin,IL60123     		None PC General Operating 30,000
    Association of Black Foundation Executives
    42 Broadway
    20th Floor
    New York,NY10004     		None PC Project Support 5,000
    Audubon Great Lakes
    17 N State Street
    Suite 1690
    Chicago,IL60602     		None PC Project Support 60,000
    Bethlehem Lutheran Child Development Center
    340 Grand Blvd
    Elgin,IL60120     		None PC General Operating 4,000
    Bethlehem Lutheran Child Development Center
    340 Grand Blvd
    Elgin,IL60120     		None PC General Operating 25,000
    Boys & Girls Club of Elgin
    355 Dundee Ave
    Elgin,IL60120     		None PC General Operating 4,000
    Boys & Girls Club of Elgin
    355 Dundee Ave
    Elgin,IL60120     		None PC General Operating 30,000
    Centro de Informacion
    1885 Lin Lore Lane
    Elgin,IL60123     		None PC General Operating 3,603
    Centro de Informacion
    1885 Lin Lore Lane
    Elgin,IL60123     		None PC General Operating 25,000
    Chicago Community Foundation Donor-Advised Fund
    225 N Michigan Ave
    Suite 2200
    Chicago,IL60601     		None PC Project Support 50,000
    Chicago Jobs Council
    29 E Madison
    Suite 1700
    Chicago,IL60602     		None PC General Operating 125,000
    Children's Theatre of Elgin
    1700 Spartan Drive
    H 104
    Elgin,IL60123     		None PC General Operating 3,088
    Children's Theatre of Elgin
    1700 Spartan Drive
    H 104
    Elgin,IL60123     		None PC General Operating 15,000
    Chinese Mutual Aid Society
    1016 W Argyle Street
    Chicago,IL60640     		None PC General Operating 10,000
    Community Crisis Center
    PO Box 1390
    Elgin,IL601211390     		None PC General Operating 4,000
    Community Crisis Center
    PO Box 1390
    Elgin,IL601211390     		None PC General Operating 25,000
    Community Crisis Center
    PO Box 1390
    Elgin,IL601211390     		None PC General Operating 4,000
    The Conservation Foundation
    10S404 Knoch Knolls Road
    Naperville,IL60565     		None PC General Operating 50,000
    Conservation Fund
    1655 N Fort Myer Drive
    Suite 1300
    Arlington,VA222093113     		None PC Project Support 30,000
    Consumer Credit Counseling Services
    400 Russel Court
    Woodstock,IL60098     		None PC General Operating 10,000
    Crossroads Fund
    3411 W Diversey
    Suite 20
    Chicago,IL606471245     		None PC GENERAL OPERATING 1,200
    Delta Institute
    35 East Wacker Drive
    Suite 1200
    Chicago,IL60601     		None PC General Operating 7,000
    Delta Institute
    35 East Wacker Drive
    Suite 1200
    Chicago,IL60601     		None PC General Operating 5,000
    Easter Seals DuPage & Fox Valley
    830 South Addison Avenue
    Villa Park,IL60181     		None PC General Operating 4,000
    Easter Seals DuPage & Fox Valley
    830 South Addison Avenue
    Villa Park,IL60181     		None PC General Operating 25,000
    Ecker Center for Mental Health
    1845 Grandstand Place
    Elgin,IL60123     		None PC General Operating 4,000
    Ecker Center for Mental Health
    1845 Grandstand Place
    Elgin,IL60123     		None PC Project Support 70,000
    Ecker Center for Mental Health
    1845 Grandstand Place
    Elgin,IL60123     		None PC General Operating 25,000
    Elgin Area Chamber of Commerce
    31 S Grove Avenue
    Elgin,IL60120     		None PC Project Support 500
    Elgin Area Historical Society Museum
    360 Park St
    Elgin,IL60120     		None PC General Operating 4,000
    Elgin Area Historical Society Museum
    360 Park St
    Elgin,IL60120     		None PC General Operating 15,000
    Elgin Community College Foundation
    1700 Spartan Drive
    Elgin,IL60123     		None PC Project Support 75,000
    Elgin Community College Foundation
    1700 Spartan Drive
    Elgin,IL60123     		None PC Project Support 2,500
    Elgin Community Network FA for Elgin Gives
    1700 Spartan Drive
    Elgin,IL60123     		None PC General Operating 5,000
    Elgin Master Chorale
    1700 Spartan Drive
    Elgin,IL60123     		None PC General Operating 4,000
    Elgin Master Chorale
    1700 Spartan Drive
    Elgin,IL60123     		None PC General Operating 25,000
    Elgin Symphony Orchestra
    20 DuPage Court
    Elgin,IL60120     		None PC General Operating 4,000
    Elgin Symphony Orchestra
    20 DuPage Court
    Elgin,IL60120     		None PC General Operating 25,000
    Elgin Youth Symphony Orchestra
    PO Box 6508
    Elgin,IL60121     		None PC General Operating 4,000
    Elgin Youth Symphony Orchestra
    PO Box 6508
    Elgin,IL60121     		None PC General Operating 30,000
    Environmental Law and Policy Center
    35 East Wacker Drive
    Suite 1600
    Chicago,IL60601     		None PC Project Support 80,000
    Faith in Place
    70 East Lake Street
    Suite 920
    Chicago,IL60601     		None PC General Operating 60,000
    Faith in Place
    70 East Lake Street
    Suite 920
    Chicago,IL60601     		None PC General Operating 2,500
    Family Service Association of Greater Elgin
    1140 N McLean Blvd
    Suite 1
    Elgin,IL60123     		None PC General Operating 4,000
    Family Service Association of Greater Elgin
    1140 N McLean Blvd
    Suite 1
    Elgin,IL60123     		None PC General Operating 25,000
    Food for Greater Elgin
    1553 Commerce Drive
    Elgin,IL60123     		None PC General Operating 4,000
    Food for Greater Elgin
    1553 Commerce Drive
    Elgin,IL60123     		None PC General Operating 30,000
    Forefront
    208 LaSalle Street
    Suite 1540
    Chicago,IL606041006     		None PC Project Support 50,000
    Forefront
    208 LaSalle Street
    Suite 1540
    Chicago,IL606041006     		None PC Membership Grant 12,065
    Forefront
    208 LaSalle Street
    Suite 1540
    Chicago,IL606041006     		None PC General Operating 1,500
    Friends of the Chicago River
    411 South Wells
    Suite 800
    Chicago,IL60604     		None PC General Operating 80,000
    Gail Borden Public Library District Foundation
    270 N Grove Avenue
    Elgin,IL60120     		None PC Project Support 5,000
    Greater Elgin Family Care Center
    370 Summit Street
    Elgin,IL60120     		None PC General Operating 4,000
    Greater Elgin Family Care Center
    370 Summit Street
    Elgin,IL60120     		None PC General Operating 25,000
    Illinois Environmental Council Education Fund
    520 W Capitol
    Springfield,IL62701     		None PC General Operating 75,000
    Illinois Environmental Council Education Fund
    520 W Capitol
    Springfield,IL62701     		None PC General Operating 1,500
    Jo Daviess Conservation Foundation
    PO Box 216
    Elizabeth,IL61028     		None PC General Operating 7,000
    Jo Daviess Conservation Foundation
    PO Box 216
    Elizabeth,IL61028     		None PC Project Support 27,705
    Jo Daviess Conservation Foundation
    PO Box 216
    Elizabeth,IL61028     		None PC Project Support 19,410
    Jo Daviess Conservation Foundation
    PO Box 216
    Elizabeth,IL61028     		None PC Project Support 425,478
    Jobs to Move America
    525 S Hewitt St
    Los Angeles,CA90013     		None PC General Operating 50,000
    Lakeview Pantry
    3945 N Sheridan Road
    Chicago,IL60613     		None PC GENERAL OPERATING 450
    The Land Conservancy of McHenry County
    PO Box 352
    Woodstock,IL60098     		None PC General Operating 60,000
    The Land Conservancy of McHenry County
    PO Box 352
    Woodstock,IL60098     		None PC General Operating 7,000
    Latino Policy Forum
    180 North Michigan Avenue
    Suite 1250
    Chicago,IL60601     		None PC General Operating 60,000
    The Literacy Connection
    270 North Grove Ave
    Elgin,IL60120     		None PC General Operating 4,000
    The Literacy Connection
    270 North Grove Ave
    Elgin,IL60120     		None PC General Operating 20,000
    Lutheran Social Services of Illinois
    1001 E Touhy Avenue
    Suite 50
    Des Plaines,IL60018     		None PC General Operating 20,000
    Marklund Children's Home
    1S450 Wyatt Drive
    Geneva,IL601344921     		None PC General Operating 4,000
    Marklund Children's Home
    1S450 Wyatt Drive
    Geneva,IL601344921     		None PC General Operating 10,000
    Metropolitan Planning Council
    140 S Dearborn St
    Suite 1400
    Chicago,IL60603     		None PC Project Support 300,000
    Mikva Challenge Grant Foundation
    200 S Michigan Avenue
    Suite 1000
    Chicago,IL60604     		None PC GENERAL OPERATING 2,000
    Mikva Challenge Grant Foundation
    200 S Michigan Avenue
    Suite 1000
    Chicago,IL60604     		None PC GENERAL OPERATING 400
    National Forest Foundation
    Building 27 Fort Missoula Road
    Suite 3
    Missoula,MT598047212     		None PC Project Support 137,841
    National Forest Foundation
    Building 27 Fort Missoula Road
    Suite 3
    Missoula,MT598047212     		None PC Project Support 186,445
    Natural Land Institute
    320 South Third Street
    Rockford,IL611042063     		None PC General Operating 55,000
    Natural Land Institute
    320 South Third Street
    Rockford,IL611042063     		None PC Project Support 210,000
    Natural Land Institute
    320 South Third Street
    Rockford,IL611042063     		None PC Project Support 6,500
    Natural Land Institute
    320 South Third Street
    Rockford,IL611042063     		None PC Project Support 136,896
    Natural Land Institute
    320 South Third Street
    Rockford,IL611042063     		None PC General Operating 7,000
    The Nature Conservancy in Illinois
    8 South Michigan Avenue
    Suite 900
    Chicago,IL60603     		None PC Project Support 195,000
    The Nature Conservancy in Illinois
    8 South Michigan Avenue
    Suite 900
    Chicago,IL60603     		None PC Project Support 52,266
    New Venture Fund
    1201 Connecticut Ave NW
    Suite 300
    Washington,DC200362656     		None PC Project Support 200,000
    Northern Illinois University Foundation
    1425 W Lincoln Hwy
    Altgeld Hall 134
    DeKalb,IL601152828     		None PC General Operating 75,000
    Oak Crest Residence Association
    204 S State Street
    Elgin,IL60123     		None PC General Operating 4,000
    One Hope United
    333 South Wabash Avenue
    Suite 2750
    Chicago,IL60604     		None PC General Operating 4,000
    One Hope United
    333 South Wabash Avenue
    Suite 2750
    Chicago,IL60604     		None PC General Operating 30,000
    Open Door Health Center
    1665 N Larkin
    Elgin,IL60123     		None PC General Operating 1,384
    Openlands
    25 E Washington Street
    Suite 1650
    Chicago,IL606021708     		None PC Project Support 45,000
    Openlands
    25 E Washington Street
    Suite 1650
    Chicago,IL606021708     		None PC Project Support 208,375
    Openlands
    25 E Washington Street
    Suite 1650
    Chicago,IL606021708     		None PC Project Support 47,550
    Ounce of Prevention Fund
    33 W Monroe Street
    Suite 1200
    Chicago,IL60603     		None PC Project Support 100,000
    PADS of Elgin
    1730 Berkley Street
    Elgin,IL60123     		None PC General Operating 4,000
    PADS of Elgin
    1730 Berkley Street
    Elgin,IL60123     		None PC General Operating 25,000
    Pheasants Forever Inc
    1504 Vinifera Drive
    Petersburg,IL62675     		None PC General Operating 7,000
    Prairie Rivers Network
    1902 Fox Drive
    Suite G
    Champaign,IL61820     		None PC General Operating 65,000
    Prairie Rivers Network
    1902 Fox Drive
    Suite G
    Champaign,IL61820     		None PC Project Support 31,000
    Prairie Rivers Network
    1902 Fox Drive
    Suite G
    Champaign,IL61820     		None PC General Operating 7,000
    Prairie State Conservation Coalition
    PO Box 2547
    Springfield,IL62708     		None PC Project Support 1,000
    Raise the Floor Alliance
    1 N LaSalle
    Suite 1275
    Chicago,IL606023499     		None PC General Operating 75,000
    Renz Addiction Counseling Center
    1 American Way
    Elgin,IL60120     		None PC General Operating 4,000
    Renz Addiction Counseling Center
    1 American Way
    Elgin,IL60120     		None PC General Operating 25,000
    Sargent Shriver National Center on Poverty Law
    67 E Madison Street
    Suite 2000
    Chicago,IL60603     		None PC General Operating 150,000
    Sargent Shriver National Center on Poverty Law
    67 E Madison Street
    Suite 2000
    Chicago,IL60603     		None PC General Operating 5,000
    Senior Service Associates
    101 S Grove Avenue
    Elgin,IL60120     		None PC General Operating 4,000
    Senior Service Associates
    101 S Grove Avenue
    Elgin,IL60120     		None PC General Operating 46,000
    The Sierra Club Foundation fiscal sponsor
    210 Webster Street
    Suite 1250
    Oakland,CA94612     		None PC Project Support 75,000
    Summit School Inc
    333 W River Road
    Elgin,IL60123     		None PC General Operating 4,000
    Summit School Inc
    333 W River Road
    Elgin,IL60123     		None PC General Operating 35,000
    United Way of Elgin
    1750 Grandstand Place
    5
    Elgin,IL60123     		None PC General Operating 4,000
    United Way of Elgin
    1750 Grandstand Place
    5
    Elgin,IL60123     		None PC Project Support 30,000
    United Way of Elgin
    1750 Grandstand Place
    5
    Elgin,IL60123     		None PC General Operating 25,000
    VNA Health Care
    400 N Highland
    Aurora,IL60506     		None PC General Operating 1,685
    VNA Health Care
    400 N Highland
    Aurora,IL60506     		None PC General Operating 25,000
    Well Child Center
    620 Wing Street
    Elgin,IL60123     		None PC General Operating 4,000
    Well Child Center
    620 Wing Street
    Elgin,IL60123     		None PC General Operating 25,000
    The Wetlands Initiative
    53 W Jackson Blvd
    Suite 1015
    Chicago,IL60604     		None PC Project Support 51,000
    The Wetlands Initiative
    53 W Jackson Blvd
    Suite 1015
    Chicago,IL60604     		None PC General Operating 7,000
    Women Employed
    65 E Wacker Place
    Suite 1500
    Chicago,IL60601     		None PC Project Support 127,000
    World Business Chicago
    177 North State Street
    5th Floor
    Chicago,IL60601     		None PC Project Support 100,000
    Young Invincibles
    234 S Wabash
    6th Floor
    Chicago,IL60604     		None PC Project Support 75,000
    Youth Leadership Academy
    410 Renner Drive
    Elgin,IL60120     		None PC General Operating 4,000
    Youth Leadership Academy
    410 Renner Drive
    Elgin,IL60120     		None PC General Operating 15,000
    Youth Leadership Academy
    410 Renner Drive
    Elgin,IL60120     		None PC General Operating 475
    YWCA Elgin
    220 E Chicago Street
    Elgin,IL60120     		None PC General Operating 4,000
    YWCA Elgin
    220 E Chicago Street
    Elgin,IL60120     		None PC General Operating 30,000
    YWCA Elgin fiscal sponsor for Elgin Partnership
    220 E Chicago Street
    Elgin,IL60120     		None PC General Operating 3,707
    YWCA Elgin fiscal sponsor for Elgin Partnership
    220 E Chicago Street
    Elgin,IL60120     		None PC General Operating 40,000
    Total .................................bullet 3a 5,436,023
    bApproved for future payment
    Alliance for the Great Lakes
    150 N Michigan Ave
    Suite 700
    Chicago,IL606010003     		None PC General Operating 150,000
    Alliance of Illinois Community Foundations
    946 N 2nd Street
    Rockford,IL61107     		None PC General Operating 48,000
    Association for Individual Development
    1135 Bowes Road
    Elgin,IL60123     		None PC General Operating 30,000
    Bethlehem Lutheran Child Development Center
    340 Grand Blvd
    Elgin,IL60120     		None PC General Operating 25,000
    Centro de Informacion
    1885 Lin Lore Lane
    Elgin,IL60123     		None PC General Operating 25,000
    Chicago Community Foundation Donor-Advised Fund
    225 N Michigan Ave
    Suite 2200
    Chicago,IL60601     		None PC Project Support 50,000
    Chicago Jobs Council
    29 E Madison
    Suite 1700
    Chicago,IL60602     		None PC General Operating 125,000
    Children's Home Aid
    125 S Wacker Drive
    Suite 1400
    Chicago,IL60606     		None PC Project Support 90,000
    Children's Theatre of Elgin
    1700 Spartan Drive
    H 104
    Elgin,IL60123     		None PC General Operating 15,000
    Community Organizing and Family Issues
    1436 W Randolph Street
    4th Floor
    Chicago,IL60607     		None PC General Operating 150,000
    Easter Seals DuPage & Fox Valley
    830 South Addison Avenue
    Villa Park,IL60181     		None PC General Operating 25,000
    Elgin Master Chorale
    1700 Spartan Drive
    Elgin,IL60123     		None PC General Operating 25,000
    Elgin Symphony Orchestra
    20 DuPage Court
    Elgin,IL60120     		None PC General Operating 25,000
    Faith in Place
    70 East Lake Street
    Suite 920
    Chicago,IL60601     		None PC General Operating 60,000
    Forefront
    208 LaSalle Street
    Suite 1540
    Chicago,IL606041006     		None PC General Operating 50,000
    Illinois Environmental Council Education Fund
    520 W Capitol
    Springfield,IL62701     		None PC General Operating 75,000
    The Land Conservancy of McHenry County
    PO Box 352
    Woodstock,IL60098     		None PC General Operating 60,000
    Latino Policy Forum
    180 North Michigan Avenue
    Suite 1250
    Chicago,IL60601     		None PC General Operating 60,000
    Loyola University Chicago fiscal sponsor
    820 N Michigan Avenue
    Chicago,IL60611     		None PC General Operating 75,000
    Lutheran Social Services of Illinois
    1001 E Touhy Avenue
    Suite 50
    Des Plaines,IL60018     		None PC General Operating 20,000
    Metropolitan Planning Council
    140 S Dearborn St
    Suite 1400
    Chicago,IL60603     		None PC Project Support 600,000
    Natural Land Institute
    320 South Third Street
    Rockford,IL611042063     		None PC General Operating 55,000
    Northern Illinois University Foundation
    1425 W Lincoln Hwy
    Altgeld Hall 134
    DeKalb,IL601152828     		None PC Project Support 75,000
    Open Door Health Center
    1665 N Larkin
    Elgin,IL60123     		None PC General Operating 50,000
    Prairie Rivers Network
    1902 Fox Drive
    Suite G
    Champaign,IL61820     		None PC Project Support 31,000
    Raise the Floor Alliance
    1 N LaSalle
    Suite 1275
    Chicago,IL606023499     		None PC General Operating 75,000
    Sargent Shriver National Center on Poverty Law
    67 E Madison Street
    Suite 2000
    Chicago,IL60603     		None PC General Operating 150,000
    The Sierra Club Foundation fiscal sponsor
    210 Webster Street
    Suite 1250
    Oakland,CA94612     		None PC Project Support 75,000
    Summit School Inc
    333 W River Road
    Elgin,IL60123     		None PC General Operating 35,000
    United Way of Elgin
    1750 Grandstand Place
    5
    Elgin,IL60123     		None PC General Operating 25,000
    Well Child Center
    620 Wing Street
    Elgin,IL60123     		None PC General Operating 25,000
    World Business Chicago
    177 North State Street
    5th Floor
    Chicago,IL60601     		None PC Project Support 100,000
    Youth Leadership Academy
    410 Renner Drive
    Elgin,IL60120     		None PC General Operating 15,000
    YWCA Elgin fiscal sponsor for Elgin Partnership
    220 E Chicago Street
    Elgin,IL60120     		None PC General Operating 40,000
    Total .................................bullet 3b 2,534,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 775  
    4 Dividends and interest from securities....     14 2,992,031  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 8,473,609  
    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)..   11,466,415  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    11,466,415
    (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
    Grand Victoria Foundation
     
    Employer identification number

    36-4107162
    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
    Grand Victoria Foundation
          		Employer identification number
    36-4107162
    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
    GRAND VICTORIA CASINO  
    250 SOUTH GROVE AVENUE
     
    ELGIN, IL60120

    		$ 5,569,815


    (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
    Grand Victoria Foundation
          		Employer identification number

    36-4107162
    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
    Grand Victoria Foundation
          		Employer identification number

    36-4107162
    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:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 50,460 25,230 0 25,230

    TY 2018 AllOthProgRltdInvestmentsSch
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    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:
    Grand Victoria Foundation
    EIN:
    36-4107162
    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 InvestmentsOtherSchedule2
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD STOCK MRKT INDEX FUND FMV 31,917,584 31,917,584
    PIMCO TOTAL RETURN FUND FMV 12,215,354 12,215,354
    INTL STOCK INDEX INSTITUTIONAL FMV 21,000,984 21,000,984
    FIDELITY FUND #57-GOVT PORT FMV 2,993,091 2,993,091
    VANGUARD TOTAL BOND MRK INDEX FMV 11,674,386 11,674,386
    STATE STREET US GOVT BOND FMV 12,094,617 12,094,617
    EATON VANCE FLOATING RATE FMV 12,315,481 12,315,481
    BLACKROCK TOTAL RETURN FUND FMV 12,154,417 12,154,417

    TY 2018 LegalFeesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL LEGAL COUNSEL 87,793 0 0 87,793


    TY 2018 OtherDecreasesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Amount
    NET UNREALIZED LOSS ON INVESTMENT 16,321,889


    TY 2018 OtherExpensesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OFFICE EXPENSES 102,936   0 102,756
    COMMUNITY OUTREACH PROGRAMS 22,651     12,178
    INSURANCE 20,134     20,134
    PROFESSIONAL MEMBERSHIPS 8,100     8,100
    BOARD EXPENSE 3,538     3,492
    K-1 INVESTMENT EXPENSES   1,534    


    TY 2018 OtherIncreasesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Amount
    CHANGE IN DEFERRED EXCISE TAX 326,526


    TY 2018 OtherLiabilitiesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL TAX LIABILITY 508,115 181,589
    DEFERRED RENT EXPENSE 64,025 62,732


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROGRAM CONSULTING FEES 237,992     254,674
    INVESTMENT MANAGEMENT FEES 80,545 80,545 0  
    OTHER PROFESSIONAL FEES 23,625     23,625


    TY 2018 TaxesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CURRENT FEDERAL EXCISE TAX 175,000