-
TIN:
Form
990-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.
Go to
www.irs.gov/Form990PF
for instructions and the latest information.
OMB No. 1545-0052
20
19
Open to Public Inspection
For calendar year 2019, or tax year beginning
01-01-2019
, and ending
12-31-2019
Name of foundation
W Clement & Jessie V Stone Foundation
Number and street (or P.O. box number if mail is not delivered to street address)
70 E Lake Street 1020
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago
,
IL
60601
A Employer identification number
36-2498125
B
Telephone number (see instructions)
(312) 366-2263
C
If exemption application is pending, check here
G
Check all that apply:
Initial return
Initial return of a former public charity
Final return
Amended return
Address change
Name change
D 1.
Foreign organizations, check here.............
2
. Foreign organizations meeting the 85%
test, check here and attach computation ...
E
If private foundation status was terminated
under section 507(b)(1)(A), check here .......
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 .......
I
Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)
$
115,642,669
J
Accounting method:
Cash
Accrual
Other (specify)
(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)
1
Contributions, gifts, grants, etc., received (attach schedule)
2
Check
.............
3
Interest on savings and temporary cash investments
4
Dividends and interest from securities
...
1,442,858
2,288,771
5a
Gross rents
............
b
Net rental income or (loss)
6a
Net gain or (loss) from sale of assets not on line 10
671,902
b
Gross sales price for all assets on line 6a
19,552,806
7
Capital gain net income (from Part IV, line 2)
...
2,968,355
8
Net short-term capital gain
.........
9
Income modifications
...........
10a
Gross sales less returns and allowances
0
b
Less: Cost of goods sold
....
0
c
Gross profit or (loss) (attach schedule)
.....
0
11
Other income (attach schedule)
.......
7,449
775,787
0
12
Total.
Add lines 1 through 11
........
2,122,209
6,032,913
0
13
Compensation of officers, directors, trustees, etc.
214,106
214,106
14
Other employee salaries and wages
......
304,275
301,304
15
Pension plans, employee benefits
.......
189,687
190,851
16a
Legal fees (attach schedule)
.........
0
0
0
0
b
Accounting fees (attach schedule)
.......
106,045
28,413
0
35,852
c
Other professional fees (attach schedule)
....
237,671
234,590
0
0
17
Interest
...............
18
Taxes (attach schedule) (see instructions)
...
372,846
67,200
0
0
19
Depreciation (attach schedule) and depletion
...
0
0
0
20
Occupancy
..............
39,238
39,238
21
Travel, conferences, and meetings
.......
108,656
105,280
22
Printing and publications
..........
23
Other expenses (attach schedule)
.......
41,002
789,332
0
31,145
24
Total operating and administrative expenses.
Add lines 13 through 23
..........
1,613,526
1,119,535
0
917,776
25
Contributions, gifts, grants paid
.......
5,193,543
5,025,300
26
Total expenses and disbursements.
Add lines 24 and 25
6,807,069
1,119,535
0
5,943,076
27
Subtract line 26 from line 12:
a
Excess of revenue over expenses and disbursements
-4,684,860
b
Net investment income
(if negative, enter -0-)
4,913,378
c
Adjusted net income
(if negative, enter -0-)
...
0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X
Form
990-PF
(2019)
Form 990-PF (2019)
Page
2
Part II
Balance Sheets
Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year
End of year
(a)
Book Value
(b)
Book Value
(c)
Fair Market Value
1
Cash—non-interest-bearing
.............
829,951
568,717
568,717
2
Savings and temporary cash investments
.........
1,038,063
2,998,398
2,998,398
3
Accounts receivable
Less: allowance for doubtful accounts
191,811
0
0
4
Pledges receivable
Less: allowance for doubtful accounts
0
0
0
5
Grants receivable
.................
6
Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions)
.....
0
0
0
7
Other notes and loans receivable (attach schedule)
0
Less: allowance for doubtful accounts
0
0
0
0
8
Inventories for sale or use
..............
9
Prepaid expenses and deferred charges
..........
85,838
72,714
72,714
10a
Investments—U.S. and state government obligations (attach schedule)
0
0
0
b
Investments—corporate stock (attach schedule)
.......
53,303,970
57,050,355
57,050,355
c
Investments—corporate bonds (attach schedule)
.......
0
0
11
Investments—land, buildings, and equipment: basis
0
Less: accumulated depreciation (attach schedule)
0
0
0
12
Investments—mortgage loans
.............
13
Investments—other (attach schedule)
..........
49,432,070
54,952,485
54,952,485
14
Land, buildings, and equipment: basis
0
Less: accumulated depreciation (attach schedule)
0
0
0
15
Other assets (describe
)
0
0
0
16
Total assets
(to be completed by all filers—see the
instructions. Also, see page 1, item I)
104,881,703
115,642,669
115,642,669
17
Accounts payable and accrued expenses
..........
76,933
144,760
18
Grants payable
.................
19
Deferred revenue
.................
20
Loans from officers, directors, trustees, and other disqualified persons
0
0
21
Mortgages and other notes payable (attach schedule)
......
0
0
22
Other liabilities (describe
)
389,846
692,031
23
Total liabilities
(add lines 17 through 22)
.........
466,779
836,791
Foundations that follow FASB ASC 958, check here
and complete lines 24, 25, 29 and 30.
24
Net assets without donor restrictions
...........
104,414,924
114,805,878
25
Net assets with donor restrictions
............
Foundations that do not follow FASB ASC 958, check here
and complete lines 26 through 30.
26
Capital stock, trust principal, or current funds
........
27
Paid-in or capital surplus, or land, bldg., and equipment fund
28
Retained earnings, accumulated income, endowment, or other funds
29
Total net assets or fund balances
(see instructions)
.....
104,414,924
114,805,878
30
Total liabilities and net assets/fund balances
(see instructions)
.
104,881,703
115,642,669
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return)
...............
1
104,414,924
2
Enter amount from Part I, line 27a
.....................
2
-4,684,860
3
Other increases not included in line 2 (itemize)
3
15,075,814
4
Add lines 1, 2, and 3
..........................
4
114,805,878
5
Decreases not included in line 2 (itemize)
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29
.
6
114,805,878
Form
990-PF
(2019)
Form 990-PF (2019)
Page
3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a)
List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a
Sales of Securities
P
b
Capital Gain from Schedules K-1
P
c
d
e
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a
16,632,656
15,320,263
1,312,393
b
1,655,962
1,655,962
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69
(l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-)
or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69
(j)
Adjusted basis
as of 12/31/69
(k)
Excess of col. (i)
over col. (j), if any
a
0
1,312,393
b
0
1,655,962
c
d
e
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
2,968,355
3
Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8
...................
3
0
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))
2018
5,840,539
109,403,104
0.053385
2017
5,816,586
116,346,435
0.049994
2016
5,691,307
105,146,276
0.054128
2015
5,771,112
113,325,186
0.050925
2014
5,252,194
121,711,171
0.043153
2
Total
of line 1, column (d)
.....................
2
0.251585
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
0.050317
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5
......
4
114,617,875
5
Multiply line 4 by line 3
......................
5
5,767,228
6
Enter 1% of net investment income (1% of Part I, line 27b)
...........
6
49,134
7
Add lines 5 and 6
........................
7
5,816,362
8
Enter qualifying distributions from Part XII, line 4
,.............
8
5,943,076
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a
Exempt operating foundations described in section 4940(d)(2), check here
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
49,134
here
and 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
49,134
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
49,134
6
Credits/Payments:
a
2019 estimated tax payments and 2018 overpayment credited to 2019
6a
150,226
b
Exempt foreign organizations—tax withheld at source
......
6b
c
Tax paid with application for extension of time to file (Form 8868)
...
6c
d
Backup withholding erroneously withheld
...........
6d
7
Total credits and payments. Add lines 6a through 6d
..............
7
150,226
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
.......
9
10
Overpayment.
If line 7 is more than the total of lines 5 and 8, enter the
amount overpaid
...
10
101,092
11
Enter the amount of line 10 to be:
Credited to 2020 estimated tax
101,092
Refunded
11
0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign?
....................
1a
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition)
.................................
1b
No
If the answer is "Yes" to
1a
or
1b,
attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file
Form 1120-POL
for this year?
.....................
1c
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1)
On the foundation.
$
(2)
On foundation managers.
$
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.
$
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?
.......
2
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments?
If "Yes," attach a conformed copy of the changes
....
3
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?
........
4a
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.
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)
CA
,
IL
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G?
If "No," attach explanation
.
8b
Yes
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
If "Yes," complete Part XIV
.............................
9
No
10
Did any persons become substantial contributors during the tax year?
If "Yes," attach a schedule listing their names
and addresses.
...............................
10
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
5
Part VII-A
Statements Regarding Activities
(continued)
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions
.............
11
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 address
WWW.WCSTONEFND.ORG
14
The books are in care of
Steven M Stone
Telephone no.
(312) 366-2263
Located at
70 E LAKE STREET SUITE 1020
CHICAGO
IL
ZIP+4
60601
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of
Form 1041
—check here
.........
and enter the amount of tax-exempt interest received or accrued during the year
........
15
16
At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over
Yes
No
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
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?
Yes
No
(2)
Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person?
......................
Yes
No
(3)
Furnish goods, services, or facilities to (or accept them from) a disqualified person?
Yes
No
(4)
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
Yes
No
(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)?
...............
Yes
No
(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.)
.......
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
........
c
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2019?
.............
1c
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
and 6e, Part XIII) for tax year(s) beginning before 2019?
.............
Yes
No
If "Yes," list the years
20
,
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.
20
,
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?
......................
Yes
No
b
If "Yes," did it have excess business holdings in 2019 as a result of
(1)
any purchase by the foundation
or disqualified persons after May 26, 1969;
(2)
the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or
(3)
the lapse of the 10-, 15-, or 20-year first phase holding period?
(Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2019.)
..................
3b
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
4b
No
Form
990-PF
(2019)
Form 990-PF (2019)
Page
6
Part VII-B
Statements Regarding Activities for Which Form 4720 May Be Required
(continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1)
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
Yes
No
(2)
Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive?
.............
Yes
No
(3)
Provide a grant to an individual for travel, study, or other similar purposes?
Yes
No
(4)
Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions
................
Yes
No
(5)
Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals?
.....
Yes
No
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
Organizations relying on a current notice regarding disaster assistance check here
.........
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?
..........
Yes
No
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?
.....................
Yes
No
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?
Yes
No
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?
.................
Yes
No
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
SARA SLAUGHTER
EXECUTIVE DIRECTOR
40.000
214,106
63,494
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
BARBARA WEST STONE
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
CHAD TINGLEY
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
DAVID STONE
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
DEBORAH STONE
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
JEFFREY STONE
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
JENNIFER STONE
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
SARA STONE
BOARD MEMBER
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
MICHAEL A STONE
VICE PRESIDENT & SECRETARY
2.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
NORMAN C STONE
CHAIRMAN
1.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
SANDRA STONE
PRESIDENT
6.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
STEVEN M STONE JD
VICE PRESIDENT & TREASURER
6.000
0
0
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
Amy Stone
Board Member
1.000
0
0
0
70 E Lake Street
Suite 1020
Chicago
,
IL
60601
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
BRANDON THORNE
SR. PROGRAM OFFICER
40.000
98,197
19,853
0
70 E Lake Street
Chicago
,
IL
60601
BRIAN DIXON
Grant Man/Prgrm Off.
40.000
82,918
21,228
0
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
PAMELA CALVERT
DIR. OF FINANCE/OPS.
40.000
120,189
28,056
0
70 E Lake Street
Chicago
,
IL
60601
Total
number of other employees paid over $50,000
...................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
7
Part VIII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
(continued)
3
Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a)
Name and address of each person paid more than $50,000
(b)
Type of service
(c)
Compensation
CAMBRIDGE ASSOCIATES
INVESTMENT SERVICES
159,970
2730 SAND HILL ROAD STE 300
MENLO PARK
,
CA
94025
Crowe LLP
Audit and Tax Services
89,813
225 West Wacker Drive
Suite 2600
Chicago
,
IL
606061224
Total
number of others receiving over $50,000 for professional services
.............
2
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
.........................
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
8
Part X
Minimum Investment Return
(All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities
...................
1a
52,051,058
b
Average of monthly cash balances
.......................
1b
1,627,875
c
Fair market value of all other assets (see instructions)
................
1c
62,684,392
d
Total
(add lines 1a, b, and c)
.........................
1d
116,363,325
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation)
.............
1e
0
2
Acquisition indebtedness applicable to line 1 assets
..................
2
3
Subtract line 2 from line 1d
.........................
3
116,363,325
4
Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
instructions)
.............................
4
1,745,450
5
Net value of noncharitable-use assets.
Subtract line 4 from line 3. Enter here and on Part V, line 4
5
114,617,875
6
Minimum investment return.
Enter 5% of line 5
..................
6
5,730,894
Part XI
Distributable Amount
(see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here
and do not complete this part.)
1
Minimum investment return from Part X, line 6
....................
1
5,730,894
2a
Tax on investment income for 2019 from Part VI, line 5
......
2a
49,134
b
Income tax for 2019. (This does not include the tax from Part VI.)
...
2b
c
Add lines 2a and 2b
............................
2c
49,134
3
Distributable amount before adjustments. Subtract line 2c from line 1
............
3
5,681,760
4
Recoveries of amounts treated as qualifying distributions
................
4
5
Add lines 3 and 4
............................
5
5,681,760
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
5,681,760
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
5,943,076
b
Program-related investments—total from Part IX-B
..................
1b
0
2
Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
purposes
...............................
2
3
Amounts set aside for specific charitable projects that satisfy the:
a
Suitability test (prior IRS approval required)
....................
3a
b
Cash distribution test (attach the required schedule)
.................
3b
0
4
Qualifying distributions.
Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
4
5,943,076
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
49,134
6
Adjusted qualifying distributions.
Subtract line 5 from line 4
..............
6
5,893,942
Note:
The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
the section 4940(e) reduction of tax in those years.
Form
990-PF
(2019)
Form 990-PF (2019)
Page
9
Part XIII
Undistributed Income
(see instructions)
(a)
Corpus
(b)
Years prior to 2018
(c)
2018
(d)
2019
1
Distributable amount for 2019 from Part XI, line 7
5,681,760
2
Undistributed income, if any, as of the end of 2019:
a
Enter amount for 2018 only
.......
748,591
b
Total for prior years:
2017
,
2016
,
2015
0
3
Excess distributions carryover, if any, to 2019:
a
From 2014
......
0
b
From 2015
......
0
c
From 2016
......
0
d
From 2017
......
0
e
From 2018
......
0
f
Total
of lines 3a through e
........
0
4
Qualifying distributions for 2019 from Part
XII, line 4:
$
5,943,076
a
Applied to 2018, but not more than line 2a
748,591
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 2019 distributable amount
.....
5,194,485
e
Remaining amount distributed out of corpus
0
5
Excess distributions carryover applied to 2019.
0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6
Enter 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
......
d
Subtract line 6c from line 6b. Taxable amount
—see instructions
...........
0
e
Undistributed income for 2018. Subtract line
4a from line 2a. Taxable amount—see
instructions
.............
0
f
Undistributed income for 2019. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2020
..........
487,275
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 2014 not
applied on line 5 or line 7 (see instructions)
...
0
9
Excess distributions carryover to 2020.
Subtract lines 7 and 8 from line 6a
......
0
10
Analysis of line 9:
a
Excess from 2015
....
0
b
Excess from 2016
....
0
c
Excess from 2017
....
0
d
Excess from 2018
....
0
e
Excess from 2019
....
0
Form
990-PF
(2019)
Form 990-PF (2019)
Page
10
Part XIV
Private Operating Foundations
(see instructions and Part VII-A, question 9)
1a
If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2019, enter the date of the ruling
.......
b
Check box to indicate whether the organization is a private operating foundation described in section
4942(j)(3)
or
4942(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)
2019
(b)
2018
(c)
2017
(d)
2016
b
85% of line 2a
.........
c
Qualifying distributions from Part XII,
line 4 for each year listed
.....
d
Amounts included in line 2c not used directly
for active conduct of exempt activities
..........
e
Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c
....
3
Complete 3a, b, or c for the
alternative test relied upon:
a
“Assets" alternative test—enter:
(1)
Value of all assets
......
(2)
Value of assets qualifying
under section 4942(j)(3)(B)(i)
b
“Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part X, line 6 for each year listed
...
c
“Support" alternative test—enter:
(1)
Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties)
....
(2)
Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii)
....
(3)
Largest amount of support
from an exempt organization
(4)
Gross investment income
Part XV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1
Information Regarding Foundation Managers:
a
List 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).)
b
List 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.
2
Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here
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
a
The name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
BRIAN DIXON
70 E LAKE STREET SUITE 1020
CHICAGO
,
IL
60601
(312) 366-2263
b
The form in which applications should be submitted and information and materials they should include:
A BUDGET FOR THE ORGANIZATION OR PROJECT; A LIST OF THE BOARD OF DIRECTORS, THEIR TITLE AND EMPLOYER; IRS NOTICE OF TAX-EXEMPT STATUS; IRS NOTICE THAT ORGANIZATION IS A PUBLIC CHARITY UNDER IRS 509 (A) (1); A COPY OF THE ORGANIZATION'S ANNUAL AUDITED FINANCIAL STATEMENTS.
c
Any submission deadlines:
N/A
d
Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
THE RECIPIENT ORGANIZATION MUST BE RECOGNIZED AS A PUBLIC CHARITY UNDER IRC 509(A)(1).
Form
990-PF
(2019)
Form 990-PF (2019)
Page
11
Part XV
Supplementary Information
(continued)
3
Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient
If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
Foundation
status of
recipient
Purpose of grant or
contribution
Amount
Name and address (home or business)
a
Paid during the year
Accelerate Institute
833 W Jackson Blvd Suite 800
Chicago
,
IL
60607
N/A
PC
General Operating Support
10,000
Acton Boxborough United Way
PO Box 2258 537 Massachusetts Avenu
e
Action
,
MA
01720
N/A
PC
General Operating Support
3,000
Advance Illinois
303 E Wacker Drive Suite 1925
Chicago
,
IL
60601
N/A
PC
to "Help Shape the State of Illinois' Work in Early Childhood"
20,000
Advance Illinois
303 E Wacker Drive Suite 1925
Chicago
,
IL
60601
N/A
PC
General Operating Support
65,000
Advocate Charitable Foundation
3075 Highland Parkway Suite 600
Downers Grove
,
IL
60515
N/A
PC
to President's Fund at Advocate Illinois Masonic Medical Center
2,000
Advocate Charitable Foundation
3075 Highland Parkway Suite 600
Downers Grove
,
IL
60515
N/A
PC
to Illinois Masonic Medical Center President's Fund
2,000
Advocate Charitable Foundation
3075 Highland Parkway Suite 600
Downers Grove
,
IL
60515
N/A
PC
to Building Toward Healthy Equity
60,000
Ann and Robert H Lurie Childrens Hospital of Chicago Foundation
208 S LaSalle Street Suite 1490
Chicago
,
IL
60604
N/A
PC
to Mental Health Consultation Initiative
50,000
Aurora University
347 South Gladstone Avenue
Aurora
,
IL
60506
N/A
PC
to George Williams College
1,000
Bank Street College of Education
610 W 112th Street
New York
,
NY
10025
N/A
PC
to TESOL Residency Program
50,000
Bend The Arc
330 7th Ave 19th Floor
New York
,
NY
10001
N/A
PC
to Survey Analysis of YD Leaders' Needs
35,000
Bend The Arc
330 7th Ave 19th Floor
New York
,
NY
10001
N/A
PC
General Operating Support
50,000
Board Of Trustees Of Illinois State University
Campus Box 3040
Normal
,
IL
61790
N/A
PC
to Equity and SEL Principal Preparation and Development Project
60,000
Stanford Graduate School of Education
520 Galvez Mall
Stanford
,
CA
94305
N/A
PC
General Operating Support for San Francisco Teacher Residency
50,000
Boston Education Development Fund
7 Palmer Street
Boston
,
MA
02119
N/A
PC
to Early Childhood Education Career Pathways
55,000
BPE
27-43 Wormwood Street Suite 110
Boston
,
MA
02210
N/A
PC
General Operating Support
120,000
California Youth Connection
1311 63rd Street Suite A
Emeryville
,
CA
94608
N/A
PC
General Operating Support
60,000
Californians for Justice Education Fund
1961 Las Plumas Avenue
San Jose
,
CA
95133
N/A
PC
General Operating Support
50,000
Center for Collaborative Education
33 Harrison Avenue 6th Floor
Boston
,
MA
02111
N/A
PC
to Advocacy Campaign to Support Student-Centered Learning and Assessments in Massachusetts
70,000
Chicago Adventure Therapy
PO Box 13062
Chicago
,
IL
60613
N/A
PC
General Operating Support
2,500
Chicago Freedom School
719 South State Street 4th Floor
Chicago
,
IL
60605
N/A
PC
to Trauma and Healing Informed Restorative Discipline Tools
40,000
Chicago Public Education Fund
200 West Adams Suite 2150
Chicago
,
IL
60606
N/A
PC
General Operating Support
35,000
Child Care Services Association
PO Box 901
Chapel Hill
,
NC
27514
N/A
PC
to TEACH Early Childhood National Center
50,000
Children Now
1404 Franklin Street Suite 700
Oakland
,
CA
94612
N/A
PC
to Early Education Advocacy
70,000
Citizen Schools
1 Beacon Street 2nd Floor
Boston
,
MA
02108
N/A
PC
to 2019-2020 Citizen Schools Teaching Fellows Scholarship Program
40,000
Coleman Advocates for Children & Youth
459 Vienna Street
San Francisco
,
CA
94112
N/A
PC
General Operating Support
115,000
Communities United
4749 N Kedzie Ave
Chicago
,
IL
60625
N/A
PC
to Advancing SB100 Implementation
20,000
Communities United
4749 N Kedzie Ave
Chicago
,
IL
60625
N/A
PC
General Operating Support
105,000
CORO NEW YORK LEADERSHIP CENTER
42 Broadway Suite 2001
New York
,
NY
10004
N/A
PC
to Youth Leadership Development Programs
50,000
Council for a Strong America
1212 New York Ave NW Suite 300
Washington
,
DC
20005
N/A
PC
to Fight Crime: Invest in Kids and ReadyNation
70,000
Council of Chief State School Officers
1 Massachusetts Ave NW Suite 700
Washington
,
DC
20001
N/A
PC
to Advancing State and District Efforts to Diversify the Educator Workforce
45,000
Council on International Educational Exchange
300 Fore St
Portland
,
ME
04101
N/A
PC
to Scholarships for Female Students
3,000
DRUM Desis Rising Up and Moving Inc
72-18 Roosevelt Avenue
Jackson Heights
,
NY
11372
N/A
PC
General Operating Support
50,000
Dublin School
18 Lehmann Way
Dublin
,
NH
03444
N/A
PC
General Operating Support
1,000
Education Law Center
1800 JFK Boulevard Suite 1900A
Philadelphia
,
PA
19103
N/A
PC
to General Operating to Support ELC's Youth Engagement, Trainings, and Technical Assistance in
40,000
EMBARC Inc
PO Box 221450
Chicago
,
IL
60622
N/A
PC
General Operating Support
10,000
Erikson Institute
451 N LaSalle Street
Chicago
,
IL
60654
N/A
PC
to Illinois Risk and Reach Project
30,000
Erikson Institute
451 N LaSalle Street
Chicago
,
IL
60654
N/A
PC
to Early Teaching and Learning Academy
180,000
Evoke Family Foundation
1812 W Sunset Blvd 1-209
St George
,
UT
84770
N/A
PC
General Operating Support for Evoke Therapy Program
2,500
Forefront
208 South LaSalle Street Suite 1540
Chicago
,
IL
60604
N/A
PC
General Operating Support
7,150
Foster Youth in Action
2140 Shattuck Avenue Suite 504
Berkeley
,
CA
94704
N/A
PC
to Strengthening Our Movement
20,000
Foster Youth in Action
2140 Shattuck Avenue Suite 504
Berkeley
,
CA
94704
N/A
PC
General Operating Support
30,000
Friends of Brentano School
2723 N Fairfield Ave
Chicago
,
IL
60647
N/A
PC
General Operating Support
1,000
Friends of Roosevelt High School
3403 W Lawrence Suite 201
Chicago
,
IL
60625
N/A
PC
General Operating Support
1,000
Fund for the City of New York
520 Eighth Avenue 18th Floor
New York
,
NY
10018
N/A
PC
to Youth Justice Board 2019-2020
50,000
Global Action Project
130 W 25th Street 2C
New York
,
NY
10001
N/A
PC
General Operating Support
60,000
Grantmakers for Education
861 SW 6th Avenue Suite 350
Portland
,
OR
97204
N/A
PC
General Operating Support
1,750
HealthConnect One
227 W Monroe Street Suite 2100
Chicago
,
IL
60606
N/A
PC
to Advocacy for Birth Equity
50,000
Hobart and William Smith Colleges
337 Pulteney St
Geneva
,
NY
14456
N/A
PC
to Semester Abroad Support
2,500
Hurricane Island Outward Bound School
PO BOX 800
Camden
,
ME
04843
N/A
PC
to Casco Bay High School Leadership Award Fund
2,000
Illinois Action for Children
4753 N Broadway Street Suite 1200
Chicago
,
IL
60640
N/A
PC
General Operating Support
50,000
Internationals Network for Public Schools
50 Broadway Suite 1601
New York
,
NY
10004
N/A
PC
General Operating Support
100,000
Invisible Institute
6100 S Blackstone Ave
Chicago
,
IL
60637
N/A
PC
General Operating Support
5,000
Joyful Heart Foundation
32 West 22nd Street 4th Floor
New York
,
NY
10010
N/A
PC
to End the Backlog
10,000
Jumpstart for Young Children
308 Congress Street 6th Floor
Boston
,
MA
02210
N/A
PC
to Building a High-Quality Early Educator Pipeline
60,000
Juvenile Law Center
1800 JFK Boulevard Suite 1900B
Philadelphia
,
PA
19103
N/A
PC
to Youth Engagement & Key Components for Developing Youth-Led Advocacy
65,000
KQED Inc
2601 Mariposa Street
San Francisco
,
CA
94110
N/A
PC
General Operating Support
4,000
Latino Policy Forum
180 N Michigan Avenue Suite 1250
Chicago
,
IL
60601
N/A
PC
Restricted to Effective Strategies to Better Serve English Learners
20,000
Latino Policy Forum
180 N Michigan Avenue Suite 1250
Chicago
,
IL
60601
N/A
PC
General Operating Support
50,000
Lymphoma Research Foundation
88 Pine Street Suite 2400
New York
,
NY
10005
N/A
PC
General Operating Support
12,000
Make the Road New York
301 Grove Street
Brooklyn
,
NY
11237
N/A
PC
General Operating Support
50,000
Mikva Challenge Grant Foundation Inc
200 S Michigan Ave Suite 1000
Chicago
,
IL
60604
N/A
PC
to Mikva Challenge Citywide Youth Council Program
50,000
Mission Investors Exchange
107 Spring Street
Seattle
,
WA
98104
N/A
PC
General Operating Support
2,000
National Public Education Support Fund
1900 L Street NW Suite 520
Washington
,
DC
20036
N/A
PC
General Operating Support
10,000
National Association for the Education of Young Children
1313 L Street NW Suite 500
Washington
,
DC
20005
N/A
PC
to Higher Education Access and Success for Early Childhood Educators
50,000
National Center for Family Philanthropy
1667 K Street NW Suite 550
Washington
,
DC
20006
N/A
PC
General Operating Support
2,400
National Center for Teacher Residencies
1332 North Halsted St Suite 304
Chicago
,
IL
60642
N/A
PC
General Operating Support
90,000
National Economic and Social Rights Initiative
90 John Street Suite 501
New York
,
NY
10038
N/A
PC
to Dignity in Schools Campaign
50,000
National Equity Project
1720 Broadway 4th Floor
Oakland
,
CA
94612
N/A
PC
General Operating Support
75,000
National Equity Project
1720 Broadway 4th Floor
Oakland
,
CA
94612
N/A
PC
to Black Teacher Project
30,000
National Multiple Sclerosis Society Greater New England Chapter
101A First Avenue Suite 6
Waltham
,
MA
02451
N/A
PC
to Research and Advocacy
2,500
New America Foundation
740 15th Street NW Suite 900
Washington
,
DC
20005
N/A
PC
Restricted to Improving Special Education Policy
20,000
New America Foundation
740 15th Street NW Suite 900
Washington
,
DC
20005
N/A
PC
General Operating Support
80,000
New Teacher Center
110 Cooper Street Suite 500
Santa Cruz
,
CA
95060
N/A
PC
General Operating Support
85,000
New Visions for Public Schools
205 East 42nd Street 4th Floor
New York
,
NY
10017
N/A
PC
to Urban Teacher Residency Queens College Program
70,000
NYC Leadership Academy
45-18 Court Square 2nd Floor
Long Island City
,
NY
11101
N/A
PC
General Operating Support
50,000
Oakland Kids First
2744 E 11th St Unit H08
Oakland
,
CA
94601
N/A
PC
General Operating Support
75,000
Olympia Snowe Womens Leadership Institute
One Canal Plaza Suite 501
Portland
,
ME
04101
N/A
PC
General Operating Support
2,500
Oregon Shakespeare Festival Association
PO Box 158 15 South Pioneer Street
Ashland
,
OR
97520
N/A
PC
General Operating Support
6,000
Ounce of Prevention Fund
33 West Monroe Suite 1200
Chicago
,
IL
60603
N/A
PC
to General Policy Support and Education Chicago Follow-Up Study Awareness Building Tools
115,000
Ounce of Prevention Fund
33 West Monroe Suite 1200
Chicago
,
IL
60603
N/A
PC
to Advance and Expanding the Early Childhood Education Workforce in Illinois-Phase II
50,000
Pan Mass Challenge
77 4th Ave
Needham
,
MA
02494
N/A
PC
to the Jimmy Fund for Team Crank Pan Mass Challenge
2,500
ParentChild Plus
163B Mineola Boulevard
Mineola
,
NY
11501
N/A
PC
General Operating Support
60,000
Partners in School Innovation
1060 Tennessee Street 2nd Floor
San Francisco
,
CA
94107
N/A
PC
General Operating Support
140,000
Partnership for Americas Children
1101 14th Street NW Suite 600
Washington
,
DC
20005
N/A
PC
to Count All Kids in the 2020 Census
80,000
Pennsylvania Partnerships for Children
200 North Third Street 13th Floor
Harrisburg
,
PA
17101
N/A
PC
General Operating Support
70,000
Philadelphia Student Union
501 S 52nd St Commercial Unit 1
Philadelphia
,
PA
19143
N/A
PC
General Operating Support
60,000
Pristine Mind Foundation
61 Via Belardo
Greenbrae
,
CA
94904
N/A
PC
to Shrine or Meditation Room
10,000
Project Fierce Chicago Inc
333 W North Avenue PO BOX 259
Chicago
,
IL
60610
N/A
PC
General Operating Support
2,500
Rainforest Foundation US
1000 Dean Street Suite 430
Brooklyn
,
NY
11238
N/A
PC
General Operating Support
10,000
Regents of the University of California
11000 Kinross Avenue Suite 102
Los Angeles
,
CA
90095
N/A
PC
to Stone Scholars Scholarships Program
40,000
Rennie Center for Education Research & Policy
114 State Street 3rd Floor
Boston
,
MA
02109
N/A
PC
to Advancing Social-Emotional Learning in Boston
50,000
Research Foundation of the City University of New York
16 Court Street 31st Floor
Brooklyn
,
NY
11241
N/A
PC
General Operating Support
50,000
Respite Sailing for Cancer
240 Battery St
Burlington
,
VT
05401
N/A
PC
General Operating Support
2,000
Ryan Licht Sang Bipolar Foundation
875 N Michigan Avenue Suite 3100
Chicago
,
IL
60611
N/A
PC
General Operating Support
6,000
RYSE Center
205 41st Street
Richmond
,
CA
94805
N/A
PC
General Operating Support
50,000
Spiritual Alliance Inc
PO Box 918
Bryn Athyn
,
PA
19009
N/A
PC
General Operating Support
10,000
Strategies for Children
400 Atlantic Avenue
Boston
,
MA
02110
N/A
PC
to Early Education for All Campaign
100,000
Teach Plus Incorporated Boston Massachusetts
One Beacon Street 15th Floor Suite
1500
Boston
,
MA
02108
N/A
PC
General Operating Support
70,000
The Education Trust
1250 H St NW Suite 700
Washington
,
DC
20005
N/A
PC
to Getting Implementation Right: Supporting Stakeholder Engagement in MA Districts
20,000
The Education Trust
1250 H St NW Suite 700
Washington
,
DC
20005
N/A
PC
to Addressing Inequities in Massachusetts' School System
70,000
The New York Immigration Coalition
131 W 33rd Street Suite 610
New York
,
NY
10001
N/A
PC
General Operating Support
10,000
University of California Berkeley
1608 Fourth Street Suite 220
Berkeley
,
CA
94720
N/A
PC
General Operating Support for Center for Study of Child Care Employment
100,000
Third Sector New England
89 South Street Suite 700
Boston
,
MA
02111
N/A
PC
General Operating Support
50,000
Third Sector New England
89 South Street Suite 700
Boston
,
MA
02111
N/A
PC
General Operating Support
10,000
TSNE MissionWorks
89 South Street Suite 700
Boston
,
MA
02111
N/A
PC
to North Star Vision
10,000
US Soccer
1801 S Prairie Ave
Chicago
,
IL
60616
N/A
PC
to US Soccer Development Fund
3,500
Temple University University Community Collaborative
1115 Pollett Way Gladfelter Hall Ro
om 428
Philadelphia
,
PA
19122
N/A
PC
to Youth Leadership Development
40,000
University of Chicago
1313 E 60th Street
Chicago
,
IL
60637
N/A
PC
to Urban Teacher Education Program
60,000
University of Illinois at Chicago
1040 West Harrison Street
Chicago
,
IL
60607
N/A
PC
to Coaching & Data Systems Support
75,000
University of Illinois at Chicago
1040 West Harrison Street
Chicago
,
IL
60607
N/A
PC
to Developing a SEL Infused Education Leadership Curriculum
40,000
University of Illinois at Chicago
1040 West Harrison Street
Chicago
,
IL
60607
N/A
PC
to Embedding SEL in Principal Prep
20,000
University of Illinois at Chicago
1040 West Harrison Street
Chicago
,
IL
60607
N/A
PC
to Stone Fellowships in Early Childhood Education Leadership
40,000
Youth Communication
242 W 38th St 6th Floor
New York
,
NY
10018
N/A
PC
to NYCACS Youth Voices Project
50,000
Youth Leadership Institute
209 Ninth St Suite 200
San Francisco
,
CA
94103
N/A
PC
to Calafia Fellowship
40,000
Youth Radio
1701 Broadway Avenue
Oakland
,
CA
94612
N/A
PC
General Operating Support
70,000
Youth United for Change
1910 North Front Street
Philadelphia
,
PA
19122
N/A
PC
to Publication Support and Dissemination
20,000
Youth United for Change
1910 North Front Street
Philadelphia
,
PA
19122
N/A
PC
General Operating Support
60,000
YouthBuild USA
58 Day Street
Somerville
,
MA
02144
N/A
PC
General Operating Support & ListeningWorks Convening
75,000
The Chicago Community Trust
225 Michigan Avenue
Chicago
,
IL
60601
N/A
PC
to City of Chicago Office of Equity and Racial Justice
10,000
Total
.................................
3a
5,025,300
b
Approved for future payment
Foster Youth in Action
2140 Shattuck Ave Suite 504
Berkeley
,
CA
94704
N/A
PC
General Operating Support
30,000
Total
.................................
3b
30,000
Form
990-PF
(2019)
Form 990-PF (2019)
Page
12
Part XVI-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated.
Unrelated business income
Excluded by section 512, 513, or 514
(e)
Related or exempt
function income
(See instructions.)
1
Program service revenue:
(a)
Business code
(b)
Amount
(c)
Exclusion code
(d)
Amount
a
b
c
d
e
f
g
Fees 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
1,442,858
5
Net rental income or (loss) from real estate:
a
Debt-financed property
......
b
Not 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
671,902
9
Net income or (loss) from special events:
10
Gross profit or (loss) from sales of inventory
11
Other revenue:
a
ROYALTIES
14
7,449
b
c
d
e
12
Subtotal. Add columns (b), (d), and (e)
..
0
2,122,209
0
13
Total.
Add line 12, columns (b), (d), and (e)
..................
13
2,122,209
(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
(2019)
Form 990-PF (2019)
Page
13
Part XVII
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1)
Cash
...................................
1a(1)
No
(2)
Other assets
.................................
1a(2)
No
b
Other transactions:
(1)
Sales of assets to a noncharitable exempt organization
....................
1b(1)
No
(2)
Purchases of assets from a noncharitable exempt organization
..................
1b(2)
No
(3)
Rental of facilities, equipment, or other assets
.......................
1b(3)
No
(4)
Reimbursement arrangements
...........................
1b(4)
No
(5)
Loans or loan guarantees
.............................
1b(5)
No
(6)
Performance of services or membership or fundraising solicitations
................
1b(6)
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees
..............
1c
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column
(b)
should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column
(d)
the value of the goods, other assets, or services received.
(a)
Line No.
(b)
Amount involved
(c)
Name of noncharitable exempt organization
(d)
Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527?
...........
Yes
No
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.
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
(2019)
Additional Data
Software ID:
19010655
Software Version:
2019v5.0
Form 990PF - Special Condition Description:
Special Condition Description