Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 01-01-2019 , and ending 12-31-2019
Name of foundation
FREDERICK HENRY PRINCE TESTAMENTARY TRUST
 
Number and street (or P.O. box number if mail is not delivered to street address)140 SOUTH DEARBORN STREET 1410
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

36-6009208
B Telephone number (see instructions)

(312) 419-8700
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$111,962,818J Accounting method:
Modified Cash
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments 13,500 13,500  
4 Dividends and interest from securities...      
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,160,444
b Gross sales price for all assets on line 6a 3,160,444
7 Capital gain net income (from Part IV, line 2)... 3,160,444
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)....... Click to see attachment 3,834,236 3,834,236 0
12 Total. Add lines 1 through 11........ 7,008,180 7,008,180 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 70,000 35,000   35,000
14 Other employee salaries and wages...... 488,908 54,574   434,334
15 Pension plans, employee benefits....... 204,132 22,151   181,981
16a Legal fees (attach schedule)......... Click to see attachment 38,259 0 0 38,259
b Accounting fees (attach schedule)....... Click to see attachment 14,595 10,217 0 0
c Other professional fees (attach schedule).... Click to see attachment 122,289 45 0 122,244
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 205,393 8,078 0 66,847
19 Depreciation (attach schedule) and depletion... Click to see attachment 8,598 0 0
20 Occupancy.............. 95,694     95,694
21 Travel, conferences, and meetings....... 54,552     54,552
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 105,233 4,450 0 98,856
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,407,653 134,515 0 1,127,767
25 Contributions, gifts, grants paid....... 5,640,300 3,835,300
26 Total expenses and disbursements. Add lines 24 and 25 7,047,953 134,515 0 4,963,067
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -39,773
b Net investment income (if negative, enter -0-) 6,873,665
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
Assets 1 Cash—non-interest-bearing............. 728,203 504,713 504,713
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   0 0 0
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet   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) bullet0
Less: allowance for doubtful accounts bullet0 1,800,000 Click to see attachment0 0
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges.......... 6,548 6,548 6,548
10a Investments—U.S. and state government obligations (attach schedule) 0 0 0
b Investments—corporate stock (attach schedule)....... 0 Click to see attachment0 0
c Investments—corporate bonds (attach schedule)....... 0   0
11 Investments—land, buildings, and equipment: basis bullet0
Less: accumulated depreciation (attach schedule) bullet0 0   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 99,255,803 Click to see attachment111,431,571 111,431,571
14 Land, buildings, and equipment: basis bullet126,464
Less: accumulated depreciation (attach schedule) bullet106,478 23,625 Click to see attachment19,986 19,986
15 Other assets (describe bullet) 0 0 0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 101,814,179 111,962,818 111,962,818
Liabilities 17 Accounts payable and accrued expenses..........    
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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 101,814,179 111,962,818
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)..... 101,814,179 111,962,818
30 Total liabilities and net assets/fund balances (see instructions). 101,814,179 111,962,818
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
101,814,179
2
Enter amount from Part I, line 27a .....................
2
-39,773
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
10,188,412
4
Add lines 1, 2, and 3 ..........................
4
111,962,818
5
Decreases not included in line 2 (itemize) bullet
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
111,962,818
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 PRINCE CHARITABLE TRUST POOLED FUND ST      
b PRINCE CHARITABLE TRUST POOLED FUND LT      
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 56,642     56,642
b 3,103,802     3,103,802
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 56,642
b     0 3,103,802
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 3,160,444
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3 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?
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 5,651,283 108,856,395 0.051915
2017 4,862,484 106,277,261 0.045753
2016 4,919,166 98,467,546 0.049957
2015 5,377,439 104,092,727 0.051660
2014 5,463,895 106,915,509 0.051105
2
Total of line 1, column (d) .....................
2
0.250390
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
0.050078
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
105,900,755
5
Multiply line 4 by line 3......................
5
5,303,298
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
68,737
7
Add lines 5 and 6........................
7
5,372,035
8
Enter qualifying distributions from Part XII, line 4,.............
8
4,963,067
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 137,473
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 137,473
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- ..... 5 137,473
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 149,364
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.............. 7 149,364
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 11,891
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet11,891 RefundedBullet 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. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletRI
    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 addressbulletWWW.PRINCETRUSTS.ORG
    14
    The books are in care ofbulletTONI DOBBINS Telephone no.bullet (312) 419-8700

    Located atbullet140 SOUTH DEARBORN STREET STE 1410CHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
    0
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
    No
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DIANA C PRINCE TRUSTEE
    2.500     		35,000 0 0
    140 SOUTH DEARBORN STREET 1410
    CHICAGO,IL60603
    PATRICK WOOD-PRINCE TRUSTEE
    2.500     		35,000 0 0
    140 SOUTH DEARBORN STREET 1410
    CHICAGO,IL60603
    CHARLES TWICHELL Executive Director
    35.000     		164,283 62,226 0
    140 SOUTH DEARBORN STREET 1410
    CHICAGO,IL60603
    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
    BENNA WILDE DIRECTOR OF ARTS
    15.000     		152,682   0
    140 SOUTH DEARBORN STREET 1410
    CHICAGO,IL60603
    Carolynn Brunette Managing Director
    35.000     		158,522   0
    816 CONNECTICUT AVENUE NW
    WASHINGTON,DC20006
    SHARON ROBINSON Grants Manager
    35.000     		97,079   0
    140 SOUTH DEARBORN STREET 1410
    CHICAGO,IL60603
    TONI DOBBINS Dir of Acct & Hr
    35.000     		113,119   0
    140 SOUTH DEARBORN STREET 1410
    CHICAGO,IL60603
    Terese Fron Grants Manager
    35.000     		94,415   0
    140 SOUTH DEARBORN STREET
    CHICAGO,IL60603
    Total number of other employees paid over $50,000...................bullet 2
    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
    SARC CONSULTING LLC CONSULTING 66,560
    2238 NORTH ILLINOIS STREET
    ARLINGTON,VA22205
    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.........................bullet0
    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
    106,915,123
    b
    Average of monthly cash balances.......................
    1b
    598,334
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    107,513,457
    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
    107,513,457
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,612,702
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    105,900,755
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,295,038
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    5,295,038
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    137,473
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
    0
    c
    Add lines 2a and 2b............................
    2c
    137,473
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,157,565
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    5,157,565
    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
    5,157,565
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    4,963,067
    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
    4,963,067
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
     
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    4,963,067
    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 5,157,565
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 0
    b Total for prior years:20, 2016, 2015 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 127,189
    b From 2015...... 295,531
    c From 2016...... 73,481
    d From 2017...... 0
    e From 2018...... 257,293
    fTotal of lines 3a through e........ 753,494
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 4,963,067
    a Applied to 2018, but not more than line 2a 0
    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..... 4,963,067
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 194,498 194,498
    (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 5 558,996
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......     		558,996
    10 Analysis of line 9:
    a Excess from 2015.... 228,222
    b Excess from 2016.... 73,481
    c Excess from 2017.... 0
    d Excess from 2018.... 257,293
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    PRINCE CHARITABLE TRUSTS
    140 S DEARBORN ST STE 1410
    CHICAGO,IL60603
    (312) 419-8700
    bThe form in which applications should be submitted and information and materials they should include:
    Information and materials that should be submitted along with an application include: WRITTEN PROPOSALS, IRS LETTER OF DETERMINATION UNDER SECTION 509(A), CURRENT BUDGET, AUDITED FINANCIAL STATEMENTS, and DESCRIPTIVE LITERATURE. THE APPLICATION IS AVAILABLE ONLINE AT THE FOLLOWING WEBSITE: HTTPS://PRINCETRUSTS.ORG/APPLY/
    cAny submission deadlines:
    APPLICATIONS ARE RECEIVED THROUGHOUT THE YEAR. DEADLINES USUALLY ARE IN JAN, MAY AND JUNE.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    NONE
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Accelerate 500 Inc (1863 Ventures)
    1342 Florida Avenue NW
    Washington,DC20009     		NONE PC support Entrepreneurs East of the River 25,000
    Advocate Charitable Foundation
    3075 Highland Parkway Suite 600
    Downers Grove,IL60515     		NONE PC Staff Resiliency Program - final project grant 15,000
    Albany Park Theater Project
    PO Box 25072
    Chicago,IL60625     		NONE PC general operating support 1,500
    Allendale Association Inc
    PO Box 1088
    Lake Villa,IL60046     		NONE PC general operating support 2,000
    The Allendale Shelter Club
    736 N Western Avenue
    Lake Forest,IL60045     		NONE SO III NFI support of the 2019 Gala 5,000
    Alliance for the Great Lakes
    150 N Michigan Avenue Suite 700
    Chicago,IL60601     		NONE PC Illinois Coastal Resilience Project 25,000
    American University
    4400 Massachusetts Ave NW
    Washington,DC20016     		NONE PC general operating support for WAMU 1,250
    Amherst College Trustees
    280 Main Street
    Amherst,MA01002     		NONE PC general operating support Emily Dickinson Museum 200
    Animal Welfare League
    10305 Southwest Highway
    Chicago Ridge,IL60415     		NONE PC general operating support 1,000
    Aquidneck Community Table
    PO Box 1481
    Newport,RI02840     		NONE PC general operating support 10,000
    Aquidneck Land Trust
    790 Aquidneck Avenue
    Middletown,RI02842     		NONE PC general operating support 45,000
    Art Institute of Chicago
    111 S Michigan Avenue
    Chicago,IL60603     		NONE PC general operating support 2,500
    Atlas Performing Arts Center
    1333 Street NE
    Washington,DC20002     		NONE PC general opertaing support 10,000
    Audubon Naturalist Society of the Central Atlantic States Inc
    8940 Jones Mill Road
    Chevy Chase,MD20815     		NONE PC for the Northern Virginia Conservation Initiatives 20,000
    Baffler Foundation
    19 W 21st Street
    New York,NY10010     		NONE PC general operating support 3,000
    Barrow Street Nursery School at Greenwich House Inc
    27 Barrow Street
    New York,NY10014     		NONE PC for the Tricycle Track Renovation on behalf of Daisy Prince 10,000
    The Baseball Inc
    230 N Kolmar Avenue
    Chicago,IL60624     		NONE PC general operating support 15,000
    Best Pets Inc
    3801 W 41st Avenue
    Denver,CO80211     		NONE PC general operating support 5,000
    Between Friends
    PO Box 608548
    Chicago,IL60660     		NONE PC general operating support 1,500
    Boston Symphony Orchestra Inc
    301 Massachusetts Avenue
    Boston,MA02115     		NONE PC Tanglewood Music Center in honor of Ellen Highstein 1,500
    Bottom Line Inc
    65 E Wacker Place Suite 800
    Chicago,IL60601     		NONE PC for the Chicago program 1,532
    Boys Clubs & Girls Clubs of Newport County Inc
    95 Church Street
    Newport,RI02840     		NONE PC general operating support 40,000
    Breakthrough Urban Ministries Inc
    402 N St Louis Ave
    Chicago,IL60624     		NONE PC Street Outreach for Violence Reduction Program 20,000
    Brooklyn Friends School
    375 Pearl Street
    Brooklyn,NY11201     		NONE PC general operating support 200
    Building Bridges Across the River
    1901 Mississippi Avenue SE
    Washington,DC20020     		NONE PC general opperating suuport for THEARC $25,000 and 11th Stree Bridge Park $25,000 50,000
    Cairn Rescue USA
    617 Richards Street
    Geneva,IL60134     		NONE PC general operating support 2,500
    Capital Fringe Inc
    1358 Florida Avenue NE
    Washington,DC20001     		NONE PC general operating support 10,000
    Center on Halsted
    3656 N Halsted Street
    Chicago,IL60613     		NONE PC Youth Housing Initiative 15,000
    Chicago Foundation for Women
    140 South Dearborn
    Chicago,IL60603     		NONE PC support for the 34th Annual Luncheon 5,000
    Chicago Foundation for Women
    140 South Dearborn
    Chicago,IL60603     		NONE PC general operating support 100
    Chicago Foundation for Women
    140 South Dearborn
    Chicago,IL60603     		NONE PC general operating support 100
    Chicago Run
    3611 N Kedzie
    Chicago,IL60618     		NONE PC general operating support 25,000
    ChildServ
    8765 W Higgins Road
    Chicago,IL60631     		NONE PC Emerge Supportive Housing Program 20,000
    Childrens Hospital Foundation
    801 Roeder Road Suite 650
    Silver Spring,MD20910     		NONE PC for the Early Childhood Innovation Network's Compassion, Practice, Relationships, and Restoration Provider Wellness Program 40,000
    Childrens Law Center Incorporated
    501 3rd Street NW 8th Floor
    Washington,DC20001     		NONE PC for the Medical-Legal Partnership 35,000
    Church Community Housing Corporation
    50 Washington Square
    Newport,RI02840     		NONE PC final phase of the Historic Newport Spring Project 25,000
    City Wildlife Inc
    15 Oglethorpe Street NW
    Washington,DC20011     		NONE PC general operating support 2,500
    Clean Ocean Access
    23 Johnny Cake Hill
    Middletown,RI02842     		NONE PC general operating support 12,500
    College Unbound
    325 Public Street 2nd Floor
    Providence,RI02905     		NONE PC for the Newport Program 15,000
    Columbia Land Trust
    850 Officers Row
    Vancouver,WA98661     		NONE PC general operating support 5,000
    Community of Hope Inc
    4 Atlantic Street SW
    Washington,DC20032     		NONE PC for Behavioral Health Services in Ward 8 30,000
    Company of the Redwood Library and Athenaeum
    50 Bellevue Avenue
    Newport,RI02840     		NONE PC general operating support 25,000
    Conservation Agency (Lemon Martini Productions)
    27 Howland
    Jamestown,RI02835     		NONE PC Documentary Film "Man's Best Friend" 20,000
    Council on Foundations Inc
    2121 Crystal Drive Suite 700
    Arlington,VA22202     		NONE PC dues general operating support 3,100
    Day One
    100 Medway Street
    Providence,RI02906     		NONE PC general operating support for the Aquidneck Island Programs 20,000
    DC Fiscal Policy Institute Inc
    1275 First Street NE Suite 1200
    Washington,DC20002     		NONE PC for research, education, and advocacy efforts to improve health and well-being of low-income DC residents 15,000
    DC Greens
    2000 P Street NW Suite 240
    Washington,DC20036     		NONE PC general operating support 25,000
    Democracy Now Productions Inc
    207 W 25th Street 11th floor
    New York,NY10001     		NONE PC general operating support 2,000
    District of Columbia Appleseed Center for Law and Justice
    1111 14th Street NW Suite 510
    Washington,DC20005     		NONE PC for support of the Anacostia River Sediment Project and engagement with the Anacostia Park and Community Collaborative 25,000
    Dreaming Out Loud Foundation
    80 M Street SE
    Washington,DC20004     		NONE PC general operating support 25,000
    East Bay Community Action Program
    19 Broadway
    Newport,RI02840     		NONE PC to EBCAP for the Newport Family & Child Opportunity Zone "Parents as Teachers" program 35,000
    Elephant Sanctuary in Tennessee
    PO Box 393
    Hohenwald,TN38462     		NONE PC general operating support 2,300
    Environmental Film Festival in the Nations Capital
    1224 M Street NW Suite 301
    Washington,DC20005     		NONE PC general operating support 12,500
    Environmental Integrity Project
    1000 Vermont Avenue NW Suite1100
    Washington,DC20005     		NONE PC general operating support 200
    Equal Justice Initiative
    122 Commerce Street
    Montgomery,AL36104     		NONE PC general operating support 750
    Equine Rescue League Foundation
    PO Box 4366
    Leesburg,VA20177     		NONE PC general operating support 2,500
    Everthrive Illinois
    1256 W Chicago Avenue
    Chicago,IL32500     		NONE PC Empowerment Institute - final project grant 32,500
    FabNewport Inc
    1 York Street
    Newport,RI02840     		NONE PC general operating support 15,000
    Field Museum of Natural History
    1400 S Lakeshore Drive
    Chicago,IL60605     		NONE PC general operating support 25,000
    For the Love of Paws Corp
    453 Van Gordon Street Building 8
    Lakewood,CO80228     		NONE PC general operating support 3,000
    Forefront
    205 South LaSalle Street Suite 1540
    Chicago,IL60604     		NONE PC membership support $5,000 and $5,000 for support for annual Luncheon 10,000
    Friends of Jones
    700 South State
    Chicago,IL60605     		NONE PC Annual Fund 1,000
    Friends of Kenilworth Aquatic Gardens
    1212 Quincy Street NW
    Washington,DC20011     		NONE PC general operating support 10,000
    Friends of Whitney M Young High School
    211 S Laflin Street
    Chicago,IL60607     		NONE PC Annual Fund 5,000
    The Carden Club of America
    14 East 60th Street
    New York,NY10022     		NONE PC to support the Second Century Campaign 5,000
    Grantmakers in the Arts
    522 Courtland Avenue 1st Floor
    Bronx,NY10451     		NONE PC general operating support 1,500
    Green Scheme
    1453 Evarts Street NE
    Washington,DC20018     		NONE PC general operating support 20,000
    Greater Washington Educational Telecommunications Association Inc
    3939 Campbell Avenue
    Arlington,VA22206     		NONE PC support opera broadcasts on Classical WETA 90.0 FM 5,000
    Grow Smart Rhode Island
    One Empire Plaza
    Providence,RI02903     		NONE PC general operating support 45,000
    Healthy Schools Campaign
    175 North Franklin Street Suite 300
    Chicago,IL60606     		NONE PC Space to Grow: Greening Chicago Schoolyards 25,000
    Heartland International Health Center
    3048 N Wilton 2nd Floor
    Chicago,IL60657     		NONE PC Youth Health Egagement Project - final project grant 30,000
    Hope for Animals Clear Creek Rescue
    PO Box 63
    Georgetown,CO80444     		NONE PC general operating support 3,000
    Howard Brown Health Center
    4025 N Sheridan Road
    Chicago,IL60613     		NONE PC Broadway Youth Center 15,000
    Hubbard Street Dance Chicago Inc
    1147 W Jackson Blvd
    Chicago,IL60607     		NONE PC general operating support 20,000
    Illinois Humanities Council Incorporated
    125 S Clark Street 650
    Chicago,IL60603     		NONE PC general operating support 200
    Indiana University Foundation
    902 W New York Street ES0010
    Indianapolis,IN46202     		NONE PC Pierce-Prince Enowed scholarship 10,000
    Island Moving Company
    PO Box 746
    Newport,RI02840     		NONE PC general operating support 25,000
    Jacobs Pillow Dance Festival Inc
    358 George Carter Road
    Becket,MA01223     		NONE PC for the 2020 season of Jacob's Pillow Dance Festival 200
    Jazz Institute of Chicago Inc
    410 S Michigan Avenue Suite 500
    Chicago,IL60605     		NONE PC general operating support 1,000
    The Joffrey Ballet
    10 E Randolph Street
    Chicago,IL60601     		NONE PC Prince Prize for Commissioning Original Work 75,000
    Journey Through Hallowed Ground
    PO Box 77
    Waterford,VA20197     		NONE PC general operating support 25,000
    Kartemquin Educational Films
    1901 W Wellington
    Chicago,IL60657     		NONE PC general operating support 20,000
    Key School Inc
    534 Hillsmere Drive
    Annapolis,MD21403     		NONE PC general operating support 400
    La Casa Norte
    3533 West North Avenue
    Chicago,IL60647     		NONE PC general operating support 20,000
    La Rabida Childrens Hospital
    6501 S Promontory Drive
    Chicago,IL60649     		NONE PC Community Safe Locations Program - final project grant 20,000
    Lake Forest Open Lands Association
    350 N Waukegan Road
    Lake Forest,IL60045     		NONE PC general operating support 5,000
    Lambs Farm Inc
    PO Box 520
    Libertyville,IL60048     		NONE PC general operating support 4,000
    Latin School of Chicago
    59 W North Boulevard
    Chicago,IL60610     		NONE PC general operating support 100
    Latin School of Chicago
    59 W North Boulevard
    Chicago,IL60610     		NONE PC general operating support 10,000
    Love to Serve Incorporated
    3400 West 111th Street Unit 408
    Chicago,IL60655     		NONE PC general operating support 15,000
    Loyola Academy
    1100 Laramie
    Wilmette,IL60091     		NONE PC Annual Giving 5,000
    Lucys Hearth
    19 Valley Road
    Middletown,RI02842     		NONE PC general operating support 30,000
    Lyric Opera of Chicago
    20 N Wacker Drive Suite 860
    Chicago,IL60606     		NONE PC general operating support at the recommendation of Diana Prince 10,000
    Lyric Opera of Chicago
    20 N Wacker Drive Suite 860
    Chicago,IL60606     		NONE PC support of the Ring Cycle to be produced in 2020 50,000
    LYTE Collective
    2333 N Kildare Avenue
    Chicago,IL60639     		NONE PC general operating support 15,000
    Martin Luther King Community Center
    20 Dr Marcus F Wheatland Boulevard
    Newport,RI02840     		NONE PC general operating support 25,000
    Marwen Foundation
    833 N Orlean Street
    Chicago,IL60610     		NONE PC general operating support 20,000
    Metropolitan Opera Association Inc
    30 Lincoln Center
    New York,NY10023     		NONE PC $15,000 for general operating support at the Premier Circle Benefactor level and $2,500 for Support the Met Radio Broadcast Campaign 17,500
    MetroSquash NFP
    6100 S Cottage Grove Avenue
    Chicago,IL60637     		NONE PC general operating suppot 30,000
    Middleburg Humane Foundation
    PO Box 1238
    Middleburg,VA20118     		NONE PC general operating support 2,500
    Mission of Our Lady of Mercy (Mercy Home for Boys & Girls)
    1140 W Jackson Blvd
    Chicago,IL60607     		NONE PC transitional and independent living programs 20,000
    Mosaic Theater Company of DC
    1333 H Street NE
    Washington,DC20002     		NONE PC general operating support 10,000
    N1 Foundation Inc
    68 Jay Street 405
    Brooklyn,NY11201     		NONE PC general operating support 3,000
    National Gallery of Art
    2000B South Club Drive
    Landover,MD20785     		NONE PC Collectors' Committee $20,000; Exhibition Circle $20,000 40,000
    National Gallery of Art
    2000B South Club Drive
    Landover,MD20785     		NONE PC support the endowment campaign for education and outreach programs 75,000
    National Park Foundation
    1110 Vermont Avenue NW
    Washington,DC20005     		NONE PC support the revitalization of Anacostia Park 30,000
    National Sporting Library Incorporated
    PO Box 1335
    Middleburg,VA20118     		NONE PC general operating support on behalf of Diana and Daisy Prince 5,000
    National Wildlife Federation
    1100 Wildlife Center Drive
    Reston,VA20190     		NONE PC for Choose Clean Water Coalition and its activities in Virginia 40,000
    Nature Conservancy
    8 S Michigan Ave
    Chicago,IL60603     		NONE PC general operating support 5,000
    Navy Pier
    600 E Grand Street
    Chicago,IL60611     		NONE PC The Ship of Tolerance 15,000
    Near North Montessori School
    1434 West Division Street
    Chicago,IL60622     		NONE PC general operating support 1,000
    The New York Public Library Astor Lenox and Tilden Foundations
    Fifth Avenue and 42nd Street
    New York,NY10018     		NONE PC support for the Library Luncheon on behalf of Daisy Prince 50,000
    New Life Centers of Chicagoland NFP
    4101 W 51st Street
    Chicago,IL60632     		NONE PC Street Outreach and Violence Mediation Program 20,000
    New Moms Inc
    5317 West Chicago Aveue
    Chicago,IL60618     		NONE PC general operating support 15,000
    New Venture Fund
    1201 Connecticut Avenue NW Suite 33
    Washington,DC20036     		NONE PC general operating support 12,000
    Newport Art Museum and Art Association
    76 Bellevue Avenue
    Newport,RI02840     		NONE PC general operating support 25,000
    Newport Community School
    55 Broadway
    Newport,RI02840     		NONE PC for the NCS Connects program 10,000
    Newport County Community Mental Health Center Inc
    127 Johnny Cake Hill Road
    Middletown,RI02842     		NONE PC general operating support 20,000
    Newport County Womens Resource Center
    114 Touro Street
    Newport,RI02840     		NONE PC general operating support 30,000
    Newport Festivals Foundation Inc
    74 Martin Street
    Essex,MA01929     		NONE PC general operating support 30,000
    Newport Historical Society
    82 Touro Street
    Newport,RI02840     		NONE PC general operating support 25,000
    Newport Historical Society
    82 Touro Street
    Newport,RI02840     		NONE PC for the Newport Show 2,500
    Newport Hospital Foundation Inc
    11 Friendship Street
    Newport,RI02840     		NONE PC Beyond the Building capital campaign for a new emergency room 25,000
    Newport String Project
    1392 Westminister Street
    Providence,RI02909     		NONE PC general operating support 30,000
    Newport Tree Conservancy
    PO Box 863
    Newport,RI02840     		NONE PC general operating support 25,000
    Newport Young Mens Christian Association
    792 Valley Road
    Middletown,RI02842     		NONE PC RhodySquash Program 15,000
    Night Ministry
    4711 N Ravenswood Avenue
    Chicago,IL60640     		NONE PC Interim Housing Program 20,000
    Norman Bird Sanctuary Trust
    583 Third Beach Road
    Middletown,RI02842     		NONE PC general operating support 20,000
    Northwestern Memorial Healthcare
    251 E Huron Street
    Chicago,IL60611     		NONE PC Communication Skills Training 40,000
    Northwestern Memorial Healthcare
    251 E Huron Street
    Chicago,IL60611     		NONE PC general operating support for the Osher Center for Integrative Medicine 5,000
    Northwestern Memorial Healthcare(Northwestern Lake Forest Hospital)
    660 North Westmoreland Road
    Lake Forest,IL60045     		NONE PC Women's Auxiliary Board 2,000
    Opera Lafayette
    921 Pennsylvania Avenue SW
    Washington,DC20003     		NONE PC general operating support 5,000
    Orphans of the Storm
    2200 Riverwoods Road
    Riverwoods,IL60015     		NONE PC general operating support 5,000
    PeacePlayers International
    1200 New Hampshire Ave NW
    Washington,DC20036     		NONE PC general operating support for the Chicago Program 15,000
    Piedmont Environmental Council
    PO Box 460
    Warrenton,VA02188     		NONE PC general operating support 150,000
    Piedmont Environmental Council (Coalition for Smarter Growth)
    PO Box 460
    Warrenton,VA20188     		NONE PC for the Regional Land Use, Transportation and Affordable Housing Campaigns 120,000
    Piedmont Environmental Council (Coalition for Smarter Growth)
    PO Box 460
    Warrenton,VA20188     		NONE PC to add a staff member dedicated to Northern Virginia 50,000
    Piedmont Journalism Foundation
    PO Box 215
    The Plains,VA20198     		NONE PC general operating support 30,000
    Planned Parenthood Association of Metropolitan Washington DC Inc
    1225 4th Street NE
    Washingtn,DC20002     		NONE PC general operating support of health care services and programs for youth 30,000
    Planned Parenthood Association of Metropolitan Washington DC Inc
    1225 4th Street NE
    Washingtn,DC20002     		NONE PC general operating support 800
    Planned Parenthood of Southern New England Inc
    111 Point Street
    Providence,RI02903     		NONE PC support of the Building Futures Campaign 50,000
    Planned Parenthood of Southern New England Inc
    111 Point Street
    Providence,RI02903     		NONE PC Public Policy and Advocacy Program 30,000
    Potomac Appalachian Trail Club Inc
    118 Park Street SE
    Vienna,VA22180     		NONE PC general operating support 800
    Preservation Society of Newport County
    424 Bellevue Avenue
    Newport,RI02840     		NONE PC support the "Lever le Troit" (Raising the Roof) Dinner Dance 15,000
    Preservation Society of Newport County
    424 Bellevue Avenue
    Newport,RI02840     		NONE PC Tree and Landscape Preservation Program 40,000
    Prince Foundation
    140 South Dearborn
    Chicago,IL60603     		NONE PF funds to be expended in 2020 195,000
    Restoring the Path
    1406 W 64th Street
    Chicago,IL60636     		NONE PC general operating support 20,000
    Rhode Island Arts Foundation at Newport Incorporated
    26 Valley Road Suite 103
    Middletown,RI02842     		NONE PC for the Newport Music Festival 2,500
    Rhode Island Arts Foundation at Newport Incorporated
    850 Aquidmeck Avenue
    Middletown,RI02842     		NONE PC general operating support 35,000
    Rhode Island Community Food Bank Association
    200 Niantic Avenue
    Providence,RI02907     		NONE PC general operating support for Newport County programs 20,000
    Rhode Island Kids Count Inc
    One Union Station
    Providence,RI02903     		NONE PC general operating support 35,000
    Rhode Island Legal Services Inc
    56 Pine Street
    Providence,RI02903     		NONE PC general operating support for the Newport office 35,000
    Rhode Island Natural History Survey
    PO Box 1858
    Kingston,RI02881     		NONE PC Narragansett Bay Coyote Study 30,000
    Robert Potter League for Animals Inc
    PO Box 412
    Middletown,RI02840     		NONE PC general operating support 15,000
    Robert Potter League for Animals Inc
    PO Box 412
    Middletown,RI20840     		NONE PC CoyoteSmarts Program 20,000
    Sail to Prevail Inc
    PO Box 1264
    Newport,RI02840     		NONE PC general operating support 10,000
    Sargent Shriver National Center on Poverty Law
    50 E Washington Street Suite 500
    Chicago,IL60602     		NONE PC general opertaing support 15,000
    Save The Bay Inc
    100 Save the Bay Drive
    Providence,RI02916     		NONE PC general operting support 55,000
    Save The Bay Inc
    100 Save the Bay Drive
    Providence,RI02916     		NONE PC support the Bay Defense Fund as part of the capital campaign for the 50th Anniversary Campaign of Save the Bay 50,000
    Shedd Aquarium Society
    1200 South Lake Shore Drive
    Chicago,IL60605     		NONE PC general operating support 2,500
    Society for the Preservation of New England Antiquities Inc
    141 Cambridge Street
    Boston,MA02114     		NONE PC Project CHICK/Bailey's Beach Club Project 4,000
    Soul Dog Rescue
    1245 Factory Circle
    Fort Lupton,CO80621     		NONE PC general operating support 3,300
    South Shore Drill Team & Performing Arts Ensemble
    7218 S Chicago Ave
    Chicago,IL60619     		NONE PC general operating support 5,000
    St Georges School
    PO Box 1910
    Newport,RI02840     		NONE PC Memorial Schoolhouse Restoration Renovation Project 50,000
    St Georges School
    PO Box 1910
    Newport,RI02840     		NONE PC general operating support 10,000
    St Ignatius College of Chicago
    1076 W Roosevelt Road
    Chicago,IL60608     		NONE PC support for 2020 Gloriam Gala 12,500
    St Lukes School
    487 Hudsons Street
    New York,NY10014     		NONE PC for capital support 30,000
    St Patrick Residence
    1400 Brookdale Road
    Naperville,IL60563     		NONE PC general operating support 1,000
    Star Kids Scholarship Program
    PO Box 6214
    Middletown,RI02842     		NONE PC general operating support 10,000
    Sweet Water Foundation
    5749 S Perry Avenue
    Chicago,IL60621     		NONE PC general operating support 1,000
    Sweet Water Foundation
    5749 S Perry Avenue
    Chicago,IL60621     		NONE PC general operating support 20,000
    Synetic Theatre Inc
    2155 Crystal Plaza Arcade
    Arlington,VA22202     		NONE PC general operating support 10,000
    Teen Living Programs Inc
    162 W Hubbard Street Suite 4900
    Chicago,IL60654     		NONE PC general operating support 20,000
    Third Coast Percussion NFP
    4045 N Rockwell Street 301
    Chicago,IL60618     		NONE PC general operating support 500
    Third Sector New England Inc
    89 South Street Suite 700
    Boston,MA02111     		NONE PC general operating support Rhode Island Land Trust Council 15,000
    Trinity Services Inc
    100 North Gouger Road
    Joliet,IL60432     		NONE PC Wilcox Group Home In Joliet 2,500
    Tudor Place Foundation Inc
    1644 31st Street NW
    Washington,DC20007     		NONE PC support for Annual Spring Garden Party $10,000 and 2019 Annual Fund $5,000 15,000
    Umoja Student Development Corporation
    2935 West Polk Room 116
    Chicago,IL60612     		NONE PC general operating support 1,000
    Unitarian Universalist Association
    135 Pelham Street
    Newport,RI02840     		NONE PC Shaw Stained Glass Window Restoration 15,000
    US Conf of Cath Bishops Little Strs of the Poor St Josephs Home for Elderly
    80 West Northwest Highway
    Palatine,IL60067     		NONE PC general operating support 4,000
    United States Court Tennis Preservation Foundation
    PO Box 194
    Jamestown,RI02835     		NONE PC funding to be added to the Prince's Court Long Term Fund of the United States Court Tennis Preservation Foundation and to be used as described in the proposal submitted by the Preservation Foundation on behalf of the Prince's Court 50,000
    Unity Parenting and Counseling Inc
    600 W Cermak Road 3rd Floor
    Chicago,IL60616     		NONE PC Ujima STARS Transitional Housing 15,000
    University of Chicago Medical Center
    5841 S Maryland Avenue
    Chicago,IL60637     		NONE PC Violence Recovery Program 20,000
    University of Rhode Island Foundation
    79 Upper College Road
    Kingston,RI02881     		NONE PC Aquidneck Island Climate Change Adaptation Planning 30,000
    University of Wisconsin Foundation
    1848 University Avenue
    Madison,WI53726     		NONE PC for the Bolz Center for Arts Administration at the University of Wisconsin School of Business 200
    Up2US Inc
    520 8th Avenue 2nd Floor
    New York,NY10018     		NONE PC general operating support for the Chicago Office 15,000
    Upbeat Music and Arts Center
    4318 W Irving Park Road
    Chicago,IL60641     		NONE PC general operating support 2,500
    Urban Growers Collective
    1200 W 35th Street 118
    Chicago,IL60609     		NONE PC Youth Corps 20,000
    Urban Initiatives Inc
    650 West Lake Street Suite 340
    Chicago,IL60661     		NONE PC general operating support 25,000
    Vassar College
    124 Raymond Avenue
    Poughkeepsie,NY12603     		NONE PC for the Sheila G Riesel '66 Endowed Legal Internship Fund 668
    Vassar College
    124 Raymond Avenue
    Poughkeepsie,NY12603     		NONE PC for the Sheila G Riesel '66 Endowed Legal Internship Fund 1,000
    Vicarious Theatre Company
    1230 W Chase Aveue 3
    Chicago,IL60626     		NONE PC general operating support 750
    Virginia Conservation Network
    409 E Main Street
    Richmond,VA23219     		NONE PC general operating support 20,000
    Virginia League of Conservation Voters Education Fund
    100 West Franklin Street Suite 102
    Richmond,VA23220     		NONE PC support of the Loudoun County Conservation Voter Education Campaign $10,000 and support a Land Use and Transportation Seminar for Virginia Legislators 30,000
    Virginia Point to Point Foundation
    PO Box 1877
    Middleburg,VA20118     		NONE PC general operating support 2,500
    Washington Humane Society the Society for the Prevention of
    71 Oglethorpe Street NW
    Washington,DC20011     		NONE PC general operating support 2,500
    Washington Performing Arts Society
    1400 K Street NW Suite 500
    Washington,DC20005     		NONE PC general operating support 10,000
    Washington Regional Association of Grantmakers
    1400 16th Street NW
    Washington,DC20036     		NONE PC for dues 11,500
    Washington Regional Association of Grantmakers
    1400 16th Street NW
    Washington,DC20036     		NONE PC Medical Moralge Program 50,000
    Washington Square Services Corporation
    4 Farewell Street
    Newport,RI02840     		NONE PC case managers at the McKinney Cooperative Shelter 15,000
    Wild Animal Sanctuary a Colorado Non-Profit Corporation
    1946 WCR 53
    Keenesburg,CO80643     		NONE PC general operating support 3,400
    Windy Hill Foundation Inc
    PO Box 1593
    Middleburg,VA20118     		NONE PC general operating support 10,000
    Windward Fund
    1201 Connecticut Avenue NW Suite 30
    0
    Washington,DC20036     		NONE PC to the Washington Area Food Funders to support the second annual Chesapeake Food Summit 25,000
    Woman's Board of Northwestern Memorial Hospital
    541 N Fairbanks Ste 800
    Chicago,IL60611     		NONE PC Chicago Antiques + Arts + Design Show 1,250
    Womens Health and Education Fund
    PO Box 5863
    Providence,RI02903     		NONE PC general operating support 15,000
    Woodlands Academy
    760 East Westleigh Road
    Lake Forest,IL60045     		NONE PC general operating support 5,000
    Woodlands Academy
    760 East Westleigh Road
    Lake Forest,IL60045     		NONE PC general operating support 8,000
    Total .................................bullet 3a 3,840,300
    bApproved for future payment
    URBAN GROWERS COLLECTIVE
    1200 W 35TH STREET 118
    CHICAGO,IL60609     		NONE PC YOUTH CORPS 5,186
    Total .................................bullet 3b 5,186
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 13,500  
    4 Dividends and interest from securities....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 3,834,236  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 3,160,444  
    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).. 0 7,008,180 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,008,180
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

    (a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
    2a
    Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
    described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
    b
    If "Yes," complete the following schedule.

    (a) Name of organization (b) Type of organization (c) Description of relationship
    Sign Here
    Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
    Bullet Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date PTIN
    Firm's name SmallBullet
    		 Firm's EIN SmallBullet
    Firm's address SmallBullet


    		 Phone no.
    Form 990-PF (2019)
    Additional Data


    Software ID: 19010655
    Software Version: 2019v5.0


    Form 990PF - Special Condition Description:
    Special Condition Description