TY 2018 Form 990PF

- TIN:

Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public.
bullet

Go 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 11-01-2018 , and ending 10-31-2019

Name of foundation
FRANKEL JULIUS N FOUNDATION

Number and street (or P.O. box number if mail is not delivered to street address)111 WEST MONROE STREET TAX DIV 12W
Room/suite

City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603

A Employer identification number

36-6765844

B Telephone number (see instructions)

(312) 461-5154

C If exemption application is pending, check here bullet

G Check all that apply: Initial returnInitial return of a former public charity
Final returnAmended return
Address change Name change

D 1. Foreign organizations, check here............. bullet

2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet

E If private foundation status was terminated
under section 507(b)(1)(A), check here ....... bullet

H Check type of organization: Section 501(c)(3) exempt private foundation
Section 4947(a)(1) nonexempt charitable trust Other taxable private foundation

F If the foundation is in a 60-month termination
under section 507(b)(1)(B), check here ....... bullet

I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16) bullet

$74,869,765J Accounting method: Cash Accrual
Other (specify)
(Part I, column (d) must be on cash basis.)

	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)


1	Contributions, gifts, grants, etc., received (attach schedule)
2	Check .............
3	Interest on savings and temporary cash investments
4	Dividends and interest from securities...	1,618,880		1,616,380
5a	Gross rents............
b	Net rental income or (loss)
6a	Net gain or (loss) from sale of assets not on line 10		2,218,400
b	Gross sales price for all assets on line 6a 26,880,575
7	Capital gain net income (from Part IV, line 2)...			2,218,400
8	Net short-term capital gain.........				0
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........	3,837,280		3,834,780
13	Compensation of officers, directors, trustees, etc.	608,666		304,333		304,333
14	Other employee salaries and wages......			0	0	0
15	Pension plans, employee benefits.......			0	0
16a	Legal fees (attach schedule).........					0
b	Accounting fees (attach schedule).......		2,050	1,025	0	1,025
c	Other professional fees (attach schedule)....					0
17	Interest...............					0
18	Taxes (attach schedule) (see instructions)...		37,726	33,226		0
19	Depreciation (attach schedule) and depletion...		0	0
20	Occupancy..............
21	Travel, conferences, and meetings.......			0	0
22	Printing and publications..........			0	0
23	Other expenses (attach schedule).......		15			15
24	Total operating and administrative expenses.
	Add lines 13 through 23..........	648,457		338,584	0	305,373
25	Contributions, gifts, grants paid.......	3,295,950				3,295,950
26	Total expenses and disbursements. Add lines 24 and 25	3,944,407		338,584	0	3,601,323
27	Subtract line 26 from line 12:
a	Excess of revenue over expenses and disbursements	-107,127
b	Net investment income (if negative, enter -0-)			3,496,196
c	Adjusted net income (if negative, enter -0-)...				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	Beginning of year	End of year
Part II		Balance Sheets	(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash—non-interest-bearing.............
	2	Savings and temporary cash investments.........	1,023,592	618,859	618,859
	3	Accounts receivable
		Less: allowance for doubtful accounts		0	0
	4	Pledges receivable
		Less: allowance for doubtful accounts
	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)
		Less: allowance for doubtful accounts 0
	8	Inventories for sale or use..............
	9	Prepaid expenses and deferred charges..........
	10a	Investments—U.S. and state government obligations (attach schedule)	397,487	397,487	411,624
	b	Investments—corporate stock (attach schedule).......	51,353,590	51,966,565	62,014,248
	c	Investments—corporate bonds (attach schedule).......	10,927,906	10,607,168	10,856,784
	11	Investments—land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	12	Investments—mortgage loans.............
	13	Investments—other (attach schedule)..........	1,019,459	1,024,920	968,250
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation (attach schedule)
	15	Other assets (describe )	605	428
	16	Total assets (to be completed by all filers—see the
		instructions. Also, see page 1, item I)	64,722,639	64,615,427	74,869,765
	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 )
	23	Total liabilities (add lines 17 through 22).........		0
		Foundations that follow SFAS 117, check here
		and complete lines 24 through 26 and lines 30 and 31.
	24	Unrestricted..................
	25	Temporarily restricted...............
	26	Permanently restricted...............
		Foundations that do not follow SFAS 117, check here
		and complete lines 27 through 31.
	27	Capital stock, trust principal, or current funds........	64,722,639	64,615,427
	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).....	64,722,639	64,615,427
	31	Total liabilities and net assets/fund balances (see instructions).	64,722,639	64,615,427

Part III

Analysis of Changes in Net Assets or Fund Balances

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) ...............

64,722,639

Enter amount from Part I, line 27a .....................

-107,127

Other increases not included in line 2 (itemize) bullet

Add lines 1, 2, and 3 ..........................

64,615,512

Decreases not included in line 2 (itemize) bullet

Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .

64,615,425

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	6516.202 HARBOR FUND INTERNATIONAL FUND		2015-12-17	2018-11-08
b	291.02 HARBOR FUND INTERNATIONAL FUND		2017-12-18	2018-11-08
c	2755. ALEXANDRIA REAL EST EQUITIES COMMON STOCK		2017-10-20	2018-11-20
d	250. CIGNA CORPORATION COMMON STOCK		2018-02-20	2018-11-20
e	2470. CIGNA CORPORATION COMMON STOCK		2017-11-17	2018-11-20
	2075. RED HAT INC COMMON STOCK		2017-04-21	2018-11-20
	360. UNITED RENTALS INC COMMON STOCK		2018-10-19	2018-11-20
	4045. UNITED RENTALS INC COMMON STOCK		2016-02-18	2018-11-20
	100000. BP CAPITAL PLC 4.500% 10/01/20		2012-02-16	2018-12-17
	2120. CIGNA CORPORATION COMMON STOCK		2017-08-18	2018-12-20
	455. HUNTINGTON INGALLS INDUSTRIE		2018-05-17	2018-12-20
	2998. HUNTINGTON INGALLS INDUSTRIE		2013-12-20	2018-12-20
	4170. PALO ALTO NETWORKS INC		2018-04-19	2018-12-20
	1680. PFIZER INC COMMON STOCK		2017-10-20	2018-12-20
	100000. ORACLE CORP 2.375% 1/15/19		2013-07-16	2019-01-15
	25000. WALGREEN CO 5.250% 1/15/19		2012-02-21	2019-01-15
	4765. AMEREN CORP		2016-05-20	2019-01-25
	1805. CELGENE CORPORATION COMMON STOCK		2018-09-21	2019-01-25
	10480. CELGENE CORPORATION COMMON STOCK		2018-01-05	2019-01-25
	995. ESSEX PROPERTY TRUST INC COMMON STOCK		2017-03-17	2019-01-25
	1230. S&P GLOBAL INC		2018-03-22	2019-01-25
	309.398 DODGE & COX STOCK FUND		2018-12-19	2019-02-19
	3909.257 DODGE & COX STOCK FUND		2017-12-19	2019-02-19
	3740. AMEREN CORP		2016-05-20	2019-02-26
	25025. HOST MARRIOTT CORP NEW COMMON STOCK		2018-08-23	2019-02-26
	125. S&P GLOBAL INC		2018-03-22	2019-02-26
	990. S&P GLOBAL INC		2017-09-22	2019-02-26
	14120. SUNTRUST BANKS INC COMMON STOCK		2018-06-26	2019-02-26
	25490. AES CORPORATION COMMON STOCK		2018-10-19	2019-03-21
	2110. ALLIANCE DATA SYSTEMS CORP COMMON STOCK		2017-10-20	2019-03-21
	15065. PFIZER INC COMMON STOCK		2018-02-23	2019-03-21
	2745. S&P GLOBAL INC		2017-09-22	2019-03-21
	250000. EMERSON ELECTRIC 5.000% 4/15/19		2013-07-15	2019-04-15
	2645. APPLE COMPUTER INC COMMON STOCK		2013-07-18	2019-04-23
	2340. HOME DEPOT INC COMMON STOCK		2014-10-16	2019-04-23
	60130. REGIONS FINANCIAL CORP		2018-04-19	2019-04-23
	9545. MYLAN NV		2018-09-21	2019-04-23
	6915. ABBVIE INC		2018-05-17	2019-05-22
	4515. F5 NETWORKS INC COMMON STOCK		2016-10-20	2019-05-22
	15685. GOODYEAR TIRE AND RUBBER COMPANY COMMON STOCK		2018-09-21	2019-05-22
	560. ALLSTATE CORP		2018-12-20	2019-06-10
	5. AMAZON COM INC COMMON STOCK		2018-04-19	2019-06-10
	125. AMERICAN EXPRESS COMPANY		2018-01-05	2019-06-10
	50. APPLE COMPUTER INC COMMON STOCK		2013-07-18	2019-06-10
	800. APPLIED MATERIALS INC COMMON STOCK		2019-02-26	2019-06-10
	80. AUTOZONE INC COMMON STOCK		2019-05-22	2019-06-10
	640. CITIGROUP INC		2016-01-21	2019-06-10
	845. DISCOVERY INC - A		2019-05-22	2019-06-10
	1340. DOLLAR GENERAL CORP		2018-08-23	2019-06-10
	190. ESSEX PROPERTY TRUST INC COMMON STOCK		2017-03-17	2019-06-10
	300. EXELON CORPORATION COMMON STOCK		2018-11-20	2019-06-10
	340. EXPEDIA GROUP INC		2018-12-20	2019-06-10
	150. GRAINGER W W INC COMMON STOCK		2018-05-17	2019-06-10
	355. HCA HEALTHCARE INC		2018-08-23	2019-06-10
	245. HERSHEY FOODS CORPORATION COMMON STOCK		2019-05-22	2019-06-10
	510. HILL-ROM HOLDINGS INC		2017-02-21	2019-06-10
	3470. INTEL CORPORATION COMMON STOCK		2018-06-26	2019-06-10
	215. LAUDER ESTEE COMPANIES INC CLASS A COMMON STOCK		2018-05-17	2019-06-10
	285. LILLY ELI & COMPANY COMMON STOCK		2017-09-22	2019-06-10
	1810. MERCK & CO. INC.		2019-03-21	2019-06-10
	2765. MICROSOFT CORP		2018-12-20	2019-06-10
	315. MORGAN STANLEY GROUP INC DEAN		2019-02-26	2019-06-10
	215. NIKE INC CLASS B COMMON STOCK		2018-10-19	2019-06-10
	840. OSHKOSH TRUCK CORPORATION COMMON STOCK CLASS B		2018-12-20	2019-06-10
	1335. OWENS ILLINOIS INC NEW COMMON STOCK		2017-10-20	2019-06-10
	430. PFIZER INC COMMON STOCK		2018-02-23	2019-06-10
	2875. PROGRESSIVE CORPORATION OHIO COMMON STOCK		2018-11-20	2019-06-10
	700. VISA INC-CLASS A SHARES		2018-11-20	2019-06-10
	640. WAL-MART STORES INC		2017-06-22	2019-06-10
	965. FORTINET INC		2019-06-10	2019-06-27
	9615. FORTINET INC		2018-05-17	2019-06-27
	12845. OWENS ILLINOIS INC NEW COMMON STOCK		2017-10-20	2019-06-27
	6495. PFIZER INC COMMON STOCK		2018-02-23	2019-06-27
	9040. TEXTRON INCORPORATED		2019-06-10	2019-06-27
	6210. ABBVIE INC		2017-07-20	2019-07-18
	45. ALPHABET INC-CL C		2019-06-10	2019-07-18
	280. ALPHABET INC-CL C		2016-08-18	2019-07-18
	3315. SALESFORCE.COM INC		2018-08-23	2019-07-18
	8100. UNUMPROVIDENT CORPORATION COMMON STOCK		2016-11-17	2019-07-18
	100000. TEXAS INSTRUMENT 1.650% 8/03/19		2013-01-24	2019-08-03
	200000. ASTRAZENECA PLC 1.95% 18 SEP 2019		2013-08-20	2019-09-18
	50000. BOSTON PROPERTIES LP 5.625% 15 NOV 2020		2015-07-24	2019-09-18
	3995. APPLIED MATERIALS INC COMMON STOCK		2019-02-26	2019-09-20
	1110. COMCAST CORP-CLASS A		2019-06-10	2019-09-20
	4745. COMCAST CORP-CLASS A		2013-07-18	2019-09-20
	595. DOLLAR GENERAL CORP		2018-08-23	2019-09-20
	3170. FEDEX CORP COMMON STOCK		2019-01-25	2019-09-20
	410. FEDEX CORP COMMON STOCK		2018-02-20	2019-09-20
	1570. HCA HEALTHCARE INC		2018-08-23	2019-09-20
	3140. HOST MARRIOTT CORP NEW COMMON STOCK		2019-06-10	2019-09-20
	24035. HOST MARRIOTT CORP NEW COMMON STOCK		2018-06-26	2019-09-20
	10630. KROGER COMPANY		2018-08-23	2019-09-20
	4730. LOWES COS INC - UN		2018-02-20	2019-09-20
	235. LOWES COS INC - UN		2019-06-10	2019-09-20
	1070. ZEBRA TECHNOLOGIES CORP COMMON STOCK CL A		2019-01-25	2019-09-20
	200000. BOEING CAPITAL CORP 4.7% 27 OCT 2019		2013-08-20	2019-10-28
	660. AGCO CORPORATION COMMON STOCK		2019-07-18	2019-10-30
	700. AES CORPORATION COMMON STOCK		2018-08-23	2019-10-30
	60. ALPHABET INC-CL C		2016-08-18	2019-10-30
	10. AMAZON COM INC COMMON STOCK		2019-09-20	2019-10-30
	300. APPLIED MATERIALS INC COMMON STOCK		2019-02-26	2019-10-30
	760. BANK AMERICA CORP COMMON STOCK		2019-03-21	2019-10-30
	1140. CABOT OIL & GAS CORPORATION CLASS A COMMON STOCK		2019-05-22	2019-10-30
	200. CAPITAL ONE FINANCIAL CORP COMMON STOCK		2018-03-22	2019-10-30
	580. CATERPILLAR INC COMMON STOCK		2019-04-23	2019-10-30
	130. CHEVRON TEXACO INC COMMON STOCK		2018-02-20	2019-10-30
	230. CITIGROUP INC		2016-01-21	2019-10-30
	590. CITIZENS FINANCIAL GROUP		2019-02-26	2019-10-30
	980. CONOCOPHILLIPS		2018-07-19	2019-10-30
	230. DISCOVER FINANCIAL SERVICES		2013-07-18	2019-10-30
	1590. DOLLAR GENERAL CORP		2018-11-20	2019-10-30
	360. DOLLAR GENERAL CORP		2018-08-23	2019-10-30
	160. FEDEX CORP COMMON STOCK		2019-06-10	2019-10-30
	1010. FEDEX CORP COMMON STOCK		2016-08-18	2019-10-30
	4320. HCA HEALTHCARE INC		2018-08-23	2019-10-30
	830. INTEL CORPORATION COMMON STOCK		2018-06-26	2019-10-30
	2250. KOHLS CORP COMMON STOCK		2018-10-19	2019-10-30
	820. MARATHON PETROLEUM CORP COM		2018-10-19	2019-10-30
	760. MORGAN STANLEY GROUP INC DEAN		2019-02-26	2019-10-30
	880. NETAPP INC		2018-09-21	2019-10-30
	640. OSHKOSH TRUCK CORPORATION COMMON STOCK CLASS B		2018-12-20	2019-10-30
	530. PFIZER INC COMMON STOCK		2018-02-23	2019-10-30
	280. POST HOLDINGS INC		2019-03-21	2019-10-30
	6735. PROGRESSIVE CORPORATION OHIO COMMON STOCK		2017-07-20	2019-10-30
	4540. PROGRESSIVE CORPORATION OHIO COMMON STOCK		2018-11-20	2019-10-30
	240. RAYMOND JAMES FINANCIAL INC COMMON STOCK		2019-04-23	2019-10-30
	280. REGAL BELOIT CORP COMMON STOCK		2019-01-25	2019-10-30
	70. REINSURANCE GROUP OF AMERICA		2019-09-20	2019-10-30
	1140. SOUTHWEST AIRLINES COMPANY COMMON STOCK		2018-03-22	2019-10-30
	5. SYSCO CORPORATION		2018-04-19	2019-10-30
	165. SYSCO CORPORATION		2019-06-10	2019-10-30
	240. UNITED RENTALS INC COMMON STOCK		2019-06-27	2019-10-30
	575. UNUMPROVIDENT CORPORATION COMMON STOCK		2019-06-10	2019-10-30
	9035. UNUMPROVIDENT CORPORATION COMMON STOCK		2016-05-20	2019-10-30
	250. ZEBRA TECHNOLOGIES CORP COMMON STOCK CL A		2019-01-25	2019-10-30
	CAPITAL GAIN DIVIDENDS	P

(e) Gross sales price		(g) Cost or other basis plus expense of sale	(h) Gain or (loss) (e) plus (f) minus (g)
a	385,955	410,707	-24,752
b	17,237	19,533	-2,296
c	332,739	335,553	-2,814
d	52,439	48,290	4,149
e	518,101	457,037	61,064
	359,676	181,454	178,222
	40,414	43,752	-3,338
	454,100	197,781	256,319
	102,033	112,726	-10,693
	395,349	376,895	18,454
	85,697	100,674	-14,977
	564,657	258,660	305,997
	741,666	790,947	-49,281
	70,642	61,148	9,494
	100,000	100,842	-842
	25,000	29,367	-4,367
	325,310	225,955	99,355
	158,766	159,200	-434
	921,809	1,266,625	-344,816
	262,833	233,604	29,229
	233,556	235,692	-2,136
	59,624	54,586	5,038
	753,353	605,781	147,572
	262,333	177,350	84,983
	497,878	529,176	-31,298
	25,187	23,952	1,235
	199,477	155,138	44,339
	930,881	956,249	-25,368
	464,294	360,801	103,493
	360,542	453,877	-93,335
	638,101	545,633	92,468
	574,955	418,092	156,863
	250,000	286,166	-36,166
	543,385	163,570	379,815
	479,970	208,939	271,031
	897,446	1,151,972	-254,526
	252,975	373,300	-120,325
	554,402	691,739	-137,337
	636,612	522,145	114,467
	233,426	386,133	-152,707
	56,636	45,193	11,443
	9,410	7,772	1,638
	15,407	12,583	2,824
	9,762	3,092	6,670
	34,739	31,812	2,927
	89,453	82,891	6,562
	43,449	25,955	17,494
	23,914	23,474	440
	180,951	144,270	36,681
	55,868	44,608	11,260
	14,877	13,688	1,189
	41,879	38,860	3,019
	41,119	46,208	-5,089
	46,256	46,296	-40
	33,560	32,147	1,413
	53,243	33,138	20,105
	163,404	172,507	-9,103
	38,270	31,133	7,137
	32,840	23,738	9,102
	148,845	150,004	-1,159
	370,406	279,829	90,577
	13,754	13,335	419
	17,864	16,137	1,727
	66,477	51,206	15,271
	22,755	34,197	-11,442
	18,477	15,511	2,966
	238,581	186,744	51,837
	120,205	93,602	26,603
	68,845	48,489	20,356
	74,017	72,653	1,364
	737,483	447,736	289,747
	211,657	329,032	-117,375
	282,162	234,285	47,877
	467,022	474,250	-7,228
	422,985	459,816	-36,831
	51,086	49,095	1,991
	317,870	218,469	99,401
	520,764	486,004	34,760
	264,906	315,820	-50,914
	100,000	100,270	-270
	200,000	200,000
	51,947	50,868	1,079
	204,965	158,861	46,104
	51,667	45,948	5,719
	220,865	105,741	115,124
	93,926	64,060	29,866
	473,377	646,248	-172,871
	61,225	79,003	-17,778
	195,642	204,747	-9,105
	54,069	58,857	-4,788
	413,869	504,985	-91,116
	272,896	344,077	-71,181
	528,225	356,569	171,656
	26,244	22,869	3,375
	217,908	189,150	28,758
	200,000	223,844	-23,844
	50,164	49,728	436
	11,950	9,865	2,085
	75,879	46,815	29,064
	17,791	17,954	-163
	16,587	11,930	4,657
	24,126	21,569	2,557
	21,289	30,387	-9,098
	18,951	19,296	-345
	81,580	82,252	-672
	15,067	15,596	-529
	16,805	9,328	7,477
	21,016	21,930	-914
	54,038	68,347	-14,309
	18,651	11,643	7,008
	257,112	168,612	88,500
	58,214	38,759	19,455
	24,888	26,242	-1,354
	157,107	168,894	-11,787
	578,138	472,068	106,070
	46,804	41,262	5,542
	116,371	162,207	-45,836
	53,771	61,400	-7,629
	35,097	32,173	2,924
	49,459	76,232	-26,773
	56,447	39,014	17,433
	20,344	19,118	1,226
	29,030	30,404	-1,374
	466,978	312,892	154,086
	314,785	294,893	19,892
	20,503	21,137	-634
	21,086	21,313	-227
	11,424	11,121	303
	64,841	65,929	-1,088
	397	307	90
	13,109	11,896	1,213
	32,611	31,276	1,335
	15,832	19,514	-3,682
	248,771	321,965	-73,194
	59,391	44,194	15,197
			282,173

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			-24,752
b			-2,296
c			-2,814
d			4,149
e			61,064
			178,222
			-3,338
			256,319
			-10,693
			18,454
			-14,977
			305,997
			-49,281
			9,494
			-842
			-4,367
			99,355
			-434
			-344,816
			29,229
			-2,136
			5,038
			147,572
			84,983
			-31,298
			1,235
			44,339
			-25,368
			103,493
			-93,335
			92,468
			156,863
			-36,166
			379,815
			271,031
			-254,526
			-120,325
			-137,337
			114,467
			-152,707
			11,443
			1,638
			2,824
			6,670
			2,927
			6,562
			17,494
			440
			36,681
			11,260
			1,189
			3,019
			-5,089
			-40
			1,413
			20,105
			-9,103
			7,137
			9,102
			-1,159
			90,577
			419
			1,727
			15,271
			-11,442
			2,966
			51,837
			26,603
			20,356
			1,364
			289,747
			-117,375
			47,877
			-7,228
			-36,831
			1,991
			99,401
			34,760
			-50,914
			-270

			1,079
			46,104
			5,719
			115,124
			29,866
			-172,871
			-17,778
			-9,105
			-4,788
			-91,116
			-71,181
			171,656
			3,375
			28,758
			-23,844
			436
			2,085
			29,064
			-163
			4,657
			2,557
			-9,098
			-345
			-672
			-529
			7,477
			-914
			-14,309
			7,008
			88,500
			19,455
			-1,354
			-11,787
			106,070
			5,542
			-45,836
			-7,629
			2,924
			-26,773
			17,433
			1,226
			-1,374
			154,086
			19,892
			-634
			-227
			303
			-1,088
			90
			1,213
			1,335
			-3,682
			-73,194
			15,197

2	Capital gain net income or (net capital loss)	If gain, also enter in Part I, line 7 If (loss), enter -0- in Part I, line 7	2	2,218,400
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 ...................		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? Yes No

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	3,523,977	74,499,743	0.047302
2016	3,268,253	69,776,053	0.046839
2015	3,183,523	63,145,376	0.050416
2014	2,939,624	67,196,142	0.043747
2013	2,300,868	63,859,333	0.03603

Total of line 1, column (d) .....................

0.224334

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 ......

0.044867

Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......

71,634,549

Multiply line 4 by line 3......................

3,214,027

Enter 1% of net investment income (1% of Part I, line 27b)...........

34,962

Add lines 5 and 6........................

3,248,989

Enter qualifying distributions from Part XII, line 4,.............

3,601,323

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)

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 and enter “N/A" on line 1.
	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	34,962
	hereand enter 1% of Part I, line 27b...................
c	All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2	Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	2	0
3	Add lines 1 and 2...........................	3	34,962
4	Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-)	4	0
5	Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- .....	5	34,962
6	Credits/Payments:

a	2018 estimated tax payments and 2017 overpayment credited to 2018	6a	78,408
b	Exempt foreign organizations—tax withheld at source......	6b
c	Tax paid with application for extension of time to file (Form 8868)...	6c	0
d	Backup withholding erroneously withheld ...........	6d

7	Total credits and payments. Add lines 6a through 6d..............		7	78,408
8	Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached.		8	0
9	Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......		9
10	Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...		10	43,446
11	Enter the amount of line 10 to be: Credited to 2019 estimated tax43,446	Refunded	11	0

Part VII-A

Statements Regarding Activities

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did

Yes

it participate or intervene in any political campaign? ....................

Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions

for definition).................................

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.

Did the foundation file Form 1120-POL for this year?.....................

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

Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed

on foundation managers. bullet

Has the foundation engaged in any activities that have not previously been reported to the IRS?.......

If "Yes," attach a detailed description of the activities.

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles

of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....

Did the foundation have unrelated business gross income of $1,000 or more during the year?........

If "Yes," has it filed a tax return on Form 990-T for this year?...................

Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........

If "Yes," attach the statement required by General Instruction T.

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?................

Yes

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..................................

Yes

Enter the states to which the foundation reports or with which it is registered (see instructions)

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 .

Yes

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 .............................

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names

and addresses. ...............................

Form 990-PF (2018)

Page 5

Part VII-A

Statements Regarding Activities (continued)

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 .............

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.................

Did the foundation comply with the public inspection requirements for its annual returns and exemption application?

Yes

Website address bullet

The books are in care of bullet

TED PLIS Telephone no. bullet

(312) 461-7551

Located at bullet

111 WEST MONROE STREET TAX DIV 12WCHICAGOIL ZIP+4 bullet

60603

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

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

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? YesNo

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person?......................YesNo

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? YesNo

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? YesNo

(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)?...............YesNo

(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.).......YesNo

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 ........

Organizations relying on a current notice regarding disaster assistance check here........ bullet

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?.............

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)):

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?.............YesNo

If "Yes," list the years bullet

20, 20, 20, 20

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.) ..............

If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

20, 20, 20, 20

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at

any time during the year?......................YesNo

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.)..................

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?

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?

Form 990-PF (2018)

Page 6

Part VII-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

During the year did the foundation pay or incur any amount to:

Yes

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? YesNo

(2) Influence the outcome of any specific public election (see section 4955); or to carry

on, directly or indirectly, any voter registration drive?.............YesNo

(3) Provide a grant to an individual for travel, study, or other similar purposes? YesNo

(4) Provide a grant to an organization other than a charitable, etc., organization described

in section 4945(d)(4)(A)? See instructions................YesNo

(5) Provide for any purpose other than religious, charitable, scientific, literary, or

educational purposes, or for the prevention of cruelty to children or animals?.....YesNo

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 ......

Organizations relying on a current notice regarding disaster assistance check here......... bullet

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?..........YesNo

If "Yes," attach the statement required by Regulations section 53.4945–5(d).

Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract?.....................YesNo

Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....

If "Yes" to 6b, file Form 8870.

At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? YesNo

If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....

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? .................YesNo

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
BMO HARRIS BANK N A	TRUSTEE 0	608,666
111 W MONROE STTAX DIVISION 12W CHICAGO,IL60603	TRUSTEE 0	608,666

2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."


(a) Name and address of each employee paid more than $50,000	(b) Title, and average hours per week devoted to position	(c) Compensation	(d) Contributions to employee benefit plans and deferred compensation	(e) Expense account, other allowances
NONE









Total number of other employees paid over $50,000...................				0

Form 990-PF (2018)

Page 7

Part VIII

Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)

3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
NONE

Total number of others receiving over $50,000 for professional services............. 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


2


All other program-related investments. See instructions.
3

Total. Add lines 1 through 3......................... bullet

Form 990-PF (2018)

Page 8

Part X

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)

Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,

purposes:

Average monthly fair market value of securities...................

72,127,476

Average of monthly cash balances.......................

597,954

Fair market value of all other assets (see instructions)................

Total (add lines 1a, b, and c).........................

72,725,430

Reduction claimed for blockage or other factors reported on lines 1a and

1c (attach detailed explanation) .............

Acquisition indebtedness applicable to line 1 assets..................

Subtract line 2 from line 1d.........................

72,725,430

Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see

instructions) .............................

1,090,881

Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4

71,634,549

Minimum investment return. Enter 5% of line 5..................

3,581,727

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.)

Minimum investment return from Part X, line 6....................

3,581,727

Tax on investment income for 2018 from Part VI, line 5......

34,962

Income tax for 2018. (This does not include the tax from Part VI.)...

Add lines 2a and 2b............................

34,962

Distributable amount before adjustments. Subtract line 2c from line 1............

3,546,765

Recoveries of amounts treated as qualifying distributions................

Add lines 3 and 4............................

3,546,765

Deduction from distributable amount (see instructions).................

Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...

3,546,765

Part XII

Qualifying Distributions (see instructions)

Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:

Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........

3,601,323

Program-related investments—total from Part IX-B..................

Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,

purposes...............................

Amounts set aside for specific charitable projects that satisfy the:

Suitability test (prior IRS approval required)....................

Cash distribution test (attach the required schedule) .................

Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4

3,601,323

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.................

34,962

Adjusted qualifying distributions. Subtract line 5 from line 4..............

3,566,361

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)

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					3,546,765
2 Undistributed income, if any, as of the end of 2018:
a Enter amount for 2017 only.......				2,902,269
b Total for prior years:20, 20, 20			0
3 Excess distributions carryover, if any, to 2018:
a From 2013......	0
b From 2014......	0
c From 2015......	0
d From 2016......	0
e From 2017......	0
fTotal of lines 3a through e........		0
4Qualifying distributions for 2018 from Part
XII, line 4: $ 3,601,323
a Applied to 2017, but not more than line 2a				2,902,269
b Applied to undistributed income of prior years (Election required—see instructions).....			0
c Treated as distributions out of corpus (Election required—see instructions)........		0
d Applied to 2018 distributable amount.....					699,054
e Remaining amount distributed out of corpus		0
5 Excess distributions carryover applied to 2018.		0			0
(If an amount appears in column (d), the same amount must be shown in column (a).)
6Enter the net total of each column as indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5		0
b Prior years’ undistributed income. Subtract line 4b from line 2b ..........			0
c Enter the amount of prior years’ undistributed income for which a notice of deficiency has been issued, or on which the section 4942(a) tax has been previously assessed......			0
d Subtract line 6c from line 6b. Taxable amount —see instructions ...........			0
e Undistributed income for 2017. Subtract line 4a from line 2a. Taxable amount—see instructions .............				0
f Undistributed income for 2018. Subtract lines 4d and 5 from line 1. This amount must be distributed in 2019 ..........					2,847,711
7 Amounts treated as distributions out of corpus to satisfy requirements imposed by section 170(b)(1)(F) or 4942(g)(3) (Election may be required - see instructions) .......		0
8 Excess distributions carryover from 2013 not applied on line 5 or line 7 (see instructions) ...		0
9Excess distributions carryover to 2019. Subtract lines 7 and 8 from line 6a ......		0
10 Analysis of line 9:
a Excess from 2014....	0
b Excess from 2015....	0
c Excess from 2016....	0
d Excess from 2017....	0
e Excess from 2018....	0

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 section4942(j)(3) or4942(j)(5)

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	(e) Total

b 85% of line 2a .........
c Qualifying distributions from Part XII, line 4 for each year listed .....
d Amounts included in line 2c not used directly for active conduct of exempt activities ..........
e Qualifying distributions made directly for active conduct of exempt activities. Subtract line 2d from line 2c ....
3 Complete 3a, b, or c for the alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......
(2) Value of assets qualifying under section 4942(j)(3)(B)(i)
b “Endowment" alternative test— enter 2/3 of minimum investment return shown in Part X, line 6 for each year listed...
c “Support" alternative test—enter:
(1) Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ....
(2) Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)....
(3) Largest amount of support from an exempt organization
(4) Gross investment income

Part XV

Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)

1Information Regarding Foundation Managers:

aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:

Check here bullet

if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions

aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:

THE FRANKEL FOUNDATION CO BMO HARR
111 W MONROE STREET TAX DIVISION
CHICAGO,IL60603
(312) 461-5154

bThe form in which applications should be submitted and information and materials they should include:

THE FRANKEL FOUNDATION GIVES GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. CO-TRUSTEES REVIEW WRITTEN GRANT PROPOSALS ON A REGULAR BASIS, AND MEET TO DISCUSS GRANT REQUESTS AT LEAST FIVE TIMES PER YEAR

cAny submission deadlines:

PROPOSALS MAY BE SUBMITTED AT ANY TIME IN WRITING TO THE FRANKEL FOUNDATION ADMINISTRATOR.

dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:

CHARITABLE ORGANIZATIONS WHICH BENEFIT MEDICAL RESEARCH, UNDERPRIVILEGED PERSONS, AND CULTURAL APPRECIATION

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)		Foundation status of recipient	Purpose of grant or contribution	Amount
aPaid during the year
CHICAGO OPERA THEATER 70 E LAKE STREET STE 540 CHICAGO,IL60601	NONE	P.C.	GENERAL OPERATING PURPOSES	50,000
COURT THEATRE 5535 S ELLIS AVE CHICAGO,IL60637	NONE	P.C.	GENERAL OPERATING PURPOSES	30,000
WTTW CHANNEL 11 5400 N ST LOUIS AVE CHICAGO,IL60625	NONE	P.C.	GENERAL OPERATING PURPOSES	80,000
RAVINIA FESTIVAL 400 IRIS LANE HIGHLAND PARK,IL60035	NONE	P.C.	GENERAL OPERATING PURPOSES	50,000
CHICAGO SYMPHONY ORCHESTRA 220 S MICHIGAN AVENUE CHICAGO,IL60604	NONE	P.C.	GENERAL OPERATING PURPOSES	175,000
CHICAGO YOUTH CENTERS 104 S MICHIGAN AVENUE CHICAGO,IL60603	NONE	P.C.	GENERAL OPERATING PURPOSES	30,000
LAWRENCE HALL YOUTH SERVICES 4833 N FRANCISCO AVENUE CHICAGO,IL606253698	NONE	P.C.	GENERAL OPERATING PURPOSES	60,000
METROPOLITAN FAMILY SERVICES 14 EAST JACKSON BLVD CHICAGO,IL60604	NONE	P.C.	GENERAL OPERATING PURPOSES	60,000
DEBORAH'S PLACE 2822 WEST JACKSON CHICAGO,IL60612	NONE	P.C.	GENERAL OPERATING PURPOSES	35,000
MUSEUM OF CONTEMPORARY ART 220 E CHICAGO AVE CHICAGO,IL606112604	NONE	P.C.	GENERAL OPERATING PURPOSES	30,000
CHICAGO SHAKESPEARE THEATER 800 EAST GRAND AVE CHICAGO,IL60611	NONE	P.C.	GENERAL OPERATING PURPOSES	100,000
GLENWOOD ACADEMY 500 WEST 187TH STREET GLENWOOD,IL60425	NONE	P.C.	GENERAL OPERATING PURPOSES	35,000
CHICAGO LIGHTHOUSE 1850 W ROOSEVELT RD CHICAGO,IL606081298	NONE	P.C.	GENERAL OPERATING PURPOSES	40,000
HUBBARD STREET DANCE CHICAGO 1147 W JACKSON BLVD CHICAGO,IL60607	NONE	P.C.	GENERAL OPERATING PURPOSES	40,000
LYRIC OPERA OF CHICAGO 20 N WACKER DRIVE CHICAGO,IL60606	NONE	P.C.	GENERAL OPERATING PURPOSES	350,000
MUSIC OF THE BAROQUE 100 N LASALLE ST STE 1610 CHICAGO,IL60602	NONE	P.C.	GENERAL OPERATING PURPOSES	55,000
THE GOODMAN THEATER 200 S COLUMBUS DRIVE CHICAGO,IL606036402	NONE	P.C.	GENERAL OPERATING PURPOSES	80,000
CHICAGO ARCHITECTURE FOUNDATION 224 S MICHIGAN AVENUE CHICAGO,IL60604	NONE	P.C.	GENERAL OPERATING FUNDS	10,000
GRANT PARK MUSIC FESTIVAL 205 EAST RANDOLPH DRIVE CHICAGO,IL60601	NONE	P.C.	GENERAL OPERATING PURPOSES	75,000
STEPPENWOLF THEATRE COMPANY 1650 N HALSTED STREET CHICAGO,IL60614	NONE	P.C.	GENERAL OPERATING PURPOSES	215,000
THE NIGHT MINISTRY 4711 NORTH RAVENSWOOD AVE CHICAGO,IL60640	NONE	P.C.	GENERAL OPERATING PURPOSES	210,000
MERCY HOME FOR BOYS AND GIRLS 1140 W JACKSON BLVD CHICAGO,IL60607	NONE	P.C.	GENERAL OPERATING PURPOSES	50,000
THRESHOLDS 4101 N RAVENSWOOD AVE CHICAGO,IL60613	NONE	P.C.	GENERAL OPERATING PURPOSES	70,000
CHICAGO YOUTH SYMPHONY ORCHESTRA 410 S MICHIGAN AVENUE ROOM 833 CHICAGO,IL60605	NONE	P.C.	GENERAL OPERATING PURPOSES	25,000
SHEDD AQUARIUM 1200 S LAKE SHORE DRIVE CHICAGO,IL60605	NONE	P.C.	GENERAL OPERATING PURPOSES	30,000
THE JOFFREY BALLET OF CHICAGO 70 E LAKE STREET STE 1300 CHICAGO,IL60601	NONE	P.C.	GENERAL OPERATING PURPOSES	90,000
ST VINCENT DE PAUL CENTER 2145 N HALSTED STREET CHICAGO,IL60614	NONE	P.C.	GENERAL OPERATING PURPOSES	30,000
LITTLE BROTHERS FRIENDS OF THE ELDERLY 355 N ASHLAND AVE CHICAGO,IL606071019	NONE	P.C.	GENERAL OPERATING PURPOSES	50,000
HOME 5414B W ROOSEVELT RD CHICAGO,IL60644	NONE	P.C.	GENERAL OPERATING PURPOSES	35,000
THE FIELD MUSEUM 1400 S LAKE SHORE DRIVE CHICAGO,IL60605	NONE	P.C.	GENERAL OPERATING PURPOSES	45,000
NORTHWESTERN MEMORIAL FOUNDATION 541 N FAIRBANKS CT 800 CHICAGO,IL60611	NONE	P.C.	GENERAL OPERATING PURPOSES	200,000
MUSEUM OF SCIENCE AND INDUSTRY 5700 S LAKE SHORE DRIVE CHICAGO,IL60637	NONE	P.C.	GENERAL OPERATING PURPOSES	35,000
CHICAGO HOUSE AND SOCIAL SERVICE AGENCY 1925 N CLYBOURN AVE STE 401 CHICAGO,IL60614	NONE	P.C.	GENERAL OPERATING PURPOSES	50,000
LEARNING ALLY 180 N MICHIGAN SUITE 620 CHICAGO,IL60601	NONE	P.C.	GENERAL OPERATING PURPOSES	35,000
LA RABIDA CHILDREN'S HOSPITAL 6501 S PROMONTORY DR CHICAGO,IL60649	NONE	P.C.	GENERAL OPERATING PURPOSES	100,000
LINCOLN PARK ZOO 2001 NORTH CLARK STREET CHICAGO,IL60614	NONE	P.C.	GENERAL OPERATING PURPOSES	20,000
CHICAGO CHILDREN'S MUSEUM 700 EAST GRAND AVENUE CHICAGO,IL60611	NONE	P.C.	GENERAL OPERATING PURPOSES	15,000
ALZHEIMER'S ASSOCIATION 225 N MICHIGAN AVENUE SUITE 1700 CHICAGO,IL60601	NONE	P.C.	GENERAL OPERATING PURPOSES	100,000
FRANCISCAN OUTREACH 1645 W LEMOYNE ST CHICAGO,IL60622	NONE	P.C.	GENERAL OPERATING PURPOSES	15,000
NEWBERRY LIBRARY 60 W WALTON ST CHICAGO,IL60610	NONE	P.C.	GENERAL OPERATING PURPOSES	10,000
SHIRLEY RYAN ABILITY LAB 355 E ERIE ST CHICAGO,IL60611	NONE	P.C.	GENERAL OPERATING PURPOSES	250,000
CASA CENTRAL 1343 N CALIFORNIA AVE CHICAGO,IL60622	NONE	P.C.	GENERAL OPERATING PURPOSES	20,000
CANDID 32 OLD SLIP 24TH FLOOR NEW YORK,NY10005	NONE	P.C.	GENERAL OPERATING PURPOSES	950
ANN & ROBERT LURIE CHILDREN'S HOSPITAL OF CHICAGO 225 E CHICAGO AVE 282 CHICAGO,IL60611	NONE	P.C.	GENERAL OPERATING PURPOSES	135,000
LITTLE SISTERS OF THE POOR 2325 N LAKEWOOD AVE CHICAGO,IL60614	NONE	P.C.	GENERAL OPERATING PURPOSES	50,000
CHICAGO ZOOLOGICAL SOCIETY - BROOKFIELD ZOO 3300 S GOLF RD BROOKFIELD,IL60513	NONE	P.C.	GENERAL OPERATING PURPOSES	25,000
Total ................................. 3a				3,295,950

bApproved for future payment

Total ................................. 3b

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	(e) Related or exempt function income (See instructions.)
a
b
c
d
e
f
gFees and contracts from government agencies
2 Membership dues and assessments....
3 Interest on savings and temporary cash investments ...........
4 Dividends and interest from securities....			14	1,613,422
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	2,218,400
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)..				3,831,822

13Total. Add line 12, columns (b), (d), and (e)..................

3,831,822

(See worksheet in line 13 instructions to verify calculations.)

Part XVI-B

Relationship of Activities to the Accomplishment of Exempt Purposes

Line No.	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)

Page 13

Part XVII

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations

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

Transfers from the reporting foundation to a noncharitable exempt organization of:

(1) Cash...................................

1a(1)

(2) Other assets.................................

1a(2)

Other transactions:

(1) Sales of assets to a noncharitable exempt organization....................

1b(1)

(2) Purchases of assets from a noncharitable exempt organization..................

1b(2)

(3) Rental of facilities, equipment, or other assets.......................

1b(3)

(4) Reimbursement arrangements...........................

1b(4)

(5) Loans or loan guarantees.............................

1b(5)

(6) Performance of services or membership or fundraising solicitations................

1b(6)

Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............

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

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? ...........Yes No

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.
				May the IRS discuss this return with the preparer shown below (see instr.)? Yes No
	Signature of officer or trustee	Date	Title

Paid Preparer Use Only	Print/Type preparer's name	Preparer's Signature	Date	Check if self- employed	PTIN
	Firm's name				Firm's EIN
	Firm's address				Phone no.

Form 990-PF (2018)

Additional Data

Software ID:
Software Version:

Form 990PF - Special Condition Description:

Special Condition Description

- TIN:

TY 2018 AccountingFeesSchedule

Name:

FRANKEL JULIUS N FOUNDATION

EIN:

36-6765844

Category	Amount	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
TAX PREPARATION FEE (NON-ALLOC	2,050	1,025		1,025

- TIN:

TY 2018 OtherDecreasesSchedule

Name:

FRANKEL JULIUS N FOUNDATION

EIN:

36-6765844

Description	Amount
TIMING DIFFERENCE	87

- TIN:

TY 2018 OtherExpensesSchedule

Name:

FRANKEL JULIUS N FOUNDATION

EIN:

36-6765844

Description	Revenue and Expenses per Books	Net Investment Income	Adjusted Net Income	Disbursements for Charitable Purposes
OTHER NON-ALLOCABLE EXPENSE -	15	0		15

- TIN:

TY 2018 TaxesSchedule

Name:

FRANKEL JULIUS N FOUNDATION

EIN:

36-6765844

Category	Amount	Net Investment Income
FEDERAL ESTIMATES - PRINCIPAL	4,500	0
FOREIGN TAXES ON QUALIFIED FOR	28,438	28,438
FOREIGN TAXES ON NONQUALIFIED	4,788	4,788