Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2018
Open to Public Inspection
For calendar year 2018, or tax year beginning 07-01-2018 , and ending 06-30-2019
Name of foundation
THE SUNSHINE CHARITABLE FOUNDATION
 
% JANE BRONSON
Number and street (or P.O. box number if mail is not delivered to street address)1603 orrington avenue suite 450
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
evanston, IL60201
A Employer identification number

20-1919538
B Telephone number (see instructions)

(847) 615-9560
C bullet
G Check all that apply:

D 1. Foreign organizations, check here............. bullet
2. Foreign organizations meeting the 85%
test, check here and attach computation ... bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$155,380,748J Accounting method:
MODIFIED CASH
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,229,673 1,228,673  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 367,668
b Gross sales price for all assets on line 6a 747,227
7 Capital gain net income (from Part IV, line 2)... 306,026
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule)....... Click to see attachment -177,560 -30,779  
12 Total. Add lines 1 through 11........ 1,419,781 1,503,920  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 16,380 6,283 0 10,098
b Accounting fees (attach schedule)....... Click to see attachment 44,445 31,112 0 4,445
c Other professional fees (attach schedule).... Click to see attachment 636,879 542,883   93,996
17 Interest............... 3,566 3,161    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 125,174      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 213,081 209,573   3,408
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,039,525 793,012 0 111,947
25 Contributions, gifts, grants paid....... 13,054,250 13,054,250
26 Total expenses and disbursements. Add lines 24 and 25 14,093,775 793,012 0 13,166,197
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -12,673,994
b Net investment income (if negative, enter -0-) 710,908
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2018)
Form 990-PF (2018)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 6,668,754 38,822 38,822
2 Savings and temporary cash investments......... 41,703,191 49,325,611 49,325,611
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet   10,887    
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 55,783,803 Click to see attachment42,036,561 106,016,315
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 104,166,635 91,400,994 155,380,748
Liabilities 17 Accounts payable and accrued expenses.......... 133,775 43,260
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 133,775 43,260
Net Assets or Fund Balances Foundations that follow SFAS 117, check here bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted..................    
25 Temporarily restricted...............    
26 Permanently restricted...............    
Foundations that do not follow SFAS 117, check here bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds 104,032,860 91,357,734
30 Total net assets or fund balances (see instructions)..... 104,032,860 91,357,734
31 Total liabilities and net assets/fund balances (see instructions). 104,166,635 91,400,994
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
104,032,860
2
Enter amount from Part I, line 27a .....................
2
-12,673,994
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
91,358,866
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
1,132
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
91,357,734
Form 990-PF (2018)
Form 990-PF (2018)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a RESOURCE LAND FUND IV P    
b RPM VENTURES III, LP P    
c RMD SUPERNOVA P    
d SCANSORIAL ROOT P    
e BRAUVIN P    
INVESTMENTS P    
RESOLUTE II, LP P    
RESOLUTE I, LP P    
GCG INVESTORS III, LP P    
METHOD ONE, LLC P    
THE SAFE AND FAIR FOOD CO, LLC P    
GCG INVESTORS IV, LP P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 82,019     82,019
b     34,989 -34,989
c 229,744     229,744
d 313,239   342,095 -28,856
e 3,508     3,508
1,130     1,130
37,287     37,287
32     32
944     944
15,223     15,223
    15 -15
    1 -1
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       82,019
b       -34,989
c       229,744
d       -28,856
e       3,508
      1,130
      37,287
      32
      944
      15,223
      -15
      -1
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 2 306,026
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in) 		(b)
Adjusted qualifying distributions 		(c)
Net value of noncharitable-use assets 		(d)
Distribution ratio
(col. (b) divided by col. (c))
2017 4,482,895 125,746,288 0.03565
2016 1,544,187 97,891,238 0.015775
2015 1,985,468 85,828,222 0.023133
2014 4,047,718 55,655,736 0.072728
2013 4,834,590 50,387,226 0.095949
2
Total of line 1, column (d) .....................
2
0.243235
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
0.048647
4
Enter the net value of noncharitable-use assets for 2018 from Part X, line 5......
4
132,802,070
5
Multiply line 4 by line 3......................
5
6,460,422
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
7,109
7
Add lines 5 and 6........................
7
6,467,531
8
Enter qualifying distributions from Part XII, line 4,.............
8
13,166,197
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2018)
Form 990-PF (2018)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 7,109
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 7,109
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 7,109
6 Credits/Payments:
a 2018 estimated tax payments and 2017 overpayment credited to 2018 6a 108,019
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.............. 7 108,019
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 100,910
11 Enter the amount of line 10 to be: Credited to 2019 estimated taxBullet100,910 RefundedBullet 11  
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? Click to see attachment....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see attachment
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletCA, 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 2018 or the taxable year beginning in 2018? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
    Yes
     
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletJANE BRONSON Telephone no.bullet (847) 615-9560

    Located atbullet1603 ORRINGTON AVE STE 450EVANSTONIL ZIP+4bullet60201
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2018, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16Yes  
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bulletSZ
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2018?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2018, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2018?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
    No
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2018 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2018.)..................
    3b
     
    No
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2018?
    4b
     
    No
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    DAVID G BUNNING PRESIDENT DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue suite 450
    evanston,IL60201
    DENISE A BUNNING VICE PRESIDENT DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue suite 450
    evanston,IL60201
    MICHAEL HUGHES SECRETARY DIRECTOR
    1.0     		0 0 0
    1603 orrington avenue suite 450
    evanston,IL60201
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    TLP SERVICES INVESTMENT MGMT. 596,879
    1603 ORRINGTON AVENUE
    EVANSTON,IL60201
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations,see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    0
    b
    Average of monthly cash balances.......................
    1b
    45,055,104
    c
    Fair market value of all other assets (see instructions)................
    1c
    89,769,333
    d
    Total (add lines 1a, b, and c).........................
    1d
    134,824,437
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    134,824,437
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    2,022,367
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    132,802,070
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,640,104
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here bullet and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    6,640,104
    2a
    Tax on investment income for 2018 from Part VI, line 5......
    2a
    7,109
    b
    Income tax for 2018. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    7,109
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,632,995
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,632,995
    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
    6,632,995
    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
    13,166,197
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    13,166,197
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    7,109
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    13,159,088
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2017     		(c)
    2017     		(d)
    2018
    1 Distributable amount for 2018 from Part XI, line 7 6,632,995
    2 Undistributed income, if any, as of the end of 2018:
    a Enter amount for 2017 only....... 0
    b Total for prior years:2016, 2015, 2014 0
    3 Excess distributions carryover, if any, to 2018:
    a From 2013...... 0
    b From 2014...... 510,439
    c From 2015...... 0
    d From 2016...... 0
    e From 2017...... 0
    fTotal of lines 3a through e........ 510,439
    4Qualifying distributions for 2018 from Part
    XII, line 4: bullet$ 13,166,197
    a Applied to 2017, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2018 distributable amount..... 6,632,995
    e Remaining amount distributed out of corpus 6,533,202
    5 Excess distributions carryover applied to 2018.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 7,043,641
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2017. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2018. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2019 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2013 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2019.
    Subtract lines 7 and 8 from line 6a ......     		7,043,641
    10 Analysis of line 9:
    a Excess from 2014.... 510,439
    b Excess from 2015.... 0
    c Excess from 2016.... 0
    d Excess from 2017.... 0
    e Excess from 2018.... 6,533,202
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2018, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2018 (b) 2017 (c) 2016 (d) 2015
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    DAVID G BUNNING
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    DAVID G BUNNING
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    Ames Education Foundation
    PO Box 1125
    Ames,IA50014     		None PC General support Grant 23,500
    APFED
    PO Box 29545
    Atlanta,GA30359     		None PC General Support Grant 10,000
    Boys & Girls Club of Door County Inc
    55 South Third Ave
    Sturgeon Bay,WI54235     		None PC General Support grant 10,000
    Cincinnati Children's Hospital Med Ctr
    3333 Burnett Avenue
    Cincinnati,OH45229     		none PC Cincinnati Center for Eosinophilis Disorders 250,000
    Clark School District
    220 N Clinton
    Clark,SD57225     		none PC General support grant 10,000
    CURED NFP
    2937 Bayberry Drive
    Buffalo Grove,IL60089     		none PC general support grant 2,500
    Erikson Institute
    451 N LaSalle Street
    Chicago,IL60654     		none PC general support grant 6,000
    FARE
    515 Madison Avenue Suite 1912
    New York,NY10022     		none PC GENERAL SUPPORT GRANT 10,505,000
    Foundation for Lee Cnty Public Schools
    PO Box 1608
    Fort Myers,FL33902     		none PC general support grant 5,000
    Galena School District #120
    1206 Franklin
    Galena,IL61036     		none PC general support grant 5,000
    Glenbrook High School District 225
    1835 Landwehr Road
    Glenview,IL60026     		none PC general support grant 5,000
    Gorton Community Center
    400 East Illinois Road
    Lake Forest,IL60045     		none PC general support grant 20,000
    HELP of Door County Inc
    219 Green Bay Road
    Sturgeon Bay,WI54235     		none PC general support grant 5,000
    Help Our Military Heroes Inc
    15 Pheasant Land
    Easton,CT06612     		none PC general support grant 5,000
    Lake Forest High School Foundation
    1285 North McKinley Road
    Lake Forest,IL60045     		none PC general support grant 5,000
    National-Louis University
    1000 CAPITOL DRIVE
    WHEELING,IL60090     		none PC general support grant for National College of Education 5,000
    National Alopecia Areata Foundation
    14 Mitchell Blvd
    San Rafael,CA94903     		none PC general support grant 10,000
    National Wrestling Coaches Assoc Inc
    PO Box 254
    Manheim,PA17545     		none PC general support grant 150,000
    Northern Illinois University Foundation
    1425 W Lincoln Highway
    DeKalb,IL60115     		none PC general support grant for college of education 5,000
    Northwestern Lake Forest Hospital
    660 N Westmoreland Road
    Lake Forest,IL60045     		none PC General Support Grant 130,000
    Ounce of Prevention Fund
    33 W Monroe Street Suite 2400
    Chicago,IL60603     		none PC General support Grant 15,000
    Spirit of 67 Foundation
    300 South Waukegan Road
    Lake Forest,IL60045     		none PC General support grant 5,000
    Sturgeon Bay School District
    1230 Michigan Street
    Sturgeon Bay,WI54235     		none PC general support grant 10,000
    Trustees of Boston College
    140 Commonwealth Avenue
    Chestnut Hill,MA02467     		none PC lynch school of education & connell school of nursing: general support grants 10,000
    University of Chicago
    5235 S Harper Court 4th Floor
    Chicago,IL60615     		none PC Comer Children's Hospital's Pediatric Mobile Medical Unit 10,000
    United Way of Door County
    PO Box 223
    Sturgeon Bay,WI54235     		none PC general support grant 5,000
    Waterloo Community School District
    1516 Washington Street
    Waterloo,IA50702     		none PC james e. bunning scholarships 17,500
    DUCKS UNLIMITED INC
    3427 VERNON AVE
    BROOKFIELD,IL60513     		NONE PC GENERAL SUPPORT GRANT 265,000
    harvard university
    124 mount auburn street
    suite 430n
    cambridge,MA02138     		none PC General Support Grant 270,000
    LUCILE PACKARD FDN FOR CHILDRENS HEALTH
    400 HAMILTON AVENUE STE 340
    PALO ALTO,CA94301     		none PC General Support Grant 750,000
    ann & robert H lurie childrens hosp of chicago
    225 e chicago ave box 4
    chicago,IL606114455     		none PC general support grant 50,000
    northwestern university
    1201 davis St
    evanston,IL60201     		none PC Northwestern University Feinberg School of Medicine Bunning Chair for Food Allergy Research Fund 50,000
    BOTTOM LINE INC - CHICAGO
    65 E Wacker Pl Suite 800
    CHICAGO,IL60601     		NONE PC GENERAL SUPPORT GRANT 25,000
    Boys & Girls Club of Lake County
    1801 Sheridan Rd Suite 202
    NORTH CHICAGO,IL60064     		NONE PC GENERAL SUPPORT GRANT 26,500
    Glenbard South High School Boosters Association
    23W200 Butterfield Rd
    GLEN ELLYN,IL60137     		NONE PC Turf Field Expense Obligations Project 15,000
    Assistance League Chicagoland West
    120 East Ogden Ave Ste 100
    Hinsdale,IL60521     		NONE PC General Support Grant 10,000
    Door County Land Trust
    PO Box 65
    Sturgeon Bay,WI54235     		NONE PC GENERAL SUPPORT GRANT 10,000
    Door County YMCA
    1900 Michigan Street
    Sturgeon Bay,WI54235     		NONE PC GENERAL SUPPORT GRANT 1,000
    Feed and Clothe My People
    PO Box 741
    Sturgeon Bay,WI54235     		NONE PC GENERAL SUPPORT GRANT 5,000
    First Presbyterian Church
    700 N Sheridan Rd
    Lake Forest,IL60045     		NONE PC GENERAL SUPPORT GRANT 50,000
    Galena Volunteer Fire Department
    101 S Bench St
    Galena,IL61036     		NONE PC GENERAL SUPPORT GRANT 1,000
    Harvard Varsity Club
    65 N Harvard St
    BOSTON,MA02163     		NONE PC GENERAL SUPPORT GRANT 17,500
    Jo Daviess Conservation Foundation
    126 N Main Street
    Elizabeth,IL610280216     		NONE PC GENERAL SUPPORT GRANT 2,000
    Lake Bluff Middle School District 65
    31 E Sheridan Place
    Lake Bluff,IL60044     		NONE PC GENERAL SUPPORT GRANT 500
    Lake Forest Academy
    1500 W Kennedy Rd
    Lake Forest,IL60045     		NONE PC GENERAL SUPPORT GRANT 5,000
    Lake Forest Swim Club
    555 N Sheridan Rd
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT GRANT 1,000
    MA Institute of Technology
    77 Massachusetts Ave NE49-3142
    CAMBRIDGE,MA02139     		NONE PC GENERAL SUPPORT GRANT 100,000
    Navy Seal Foundation
    1619 D Street
    VIRGINIA BEACH,VA23459     		NONE PC GENERAL SUPPORT GRANT 5,000
    Random Acts of Flowers
    2000 Greenleaf Street Suite 5
    EVANSTON,IL60202     		NONE PC GENERAL SUPPORT GRANT 30,000
    Royal Family Kids
    9 Beechnut Dr
    S Barrington,IL60010     		NONE PC GENERAL SUPPORT GRANT 250
    Team IMPACT
    500 Victory Rd Floor 4
    Quincy,MA02171     		NONE PC General Support Grant 25,000
    THE GOVERNANCE PROJECT
    700 13th St NW Ste 600
    Washington,DC20005     		NONE PC General Support Grant 100,000
    Total .................................bullet 3a 13,054,250
    bApproved for future payment
    CINCINNATI CENTER FOR EOSINOPHILIC DISORDERS
    333 BURNET AVE
    CINCINNATI,OH452293039     		NONE PC EOSINOPHILIC DISORDERS 500,000
    DOOR COUNTY LAND TRUST
    23 N FIFTH AVENUE
    STURGEON BAY,WI54235     		NONE PC GENERAL SUPPORT GRANT 30,000
    DUCKS UNLIMITED
    955 MELLODY ROAD
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT GRANT 400,000
    LUCILE PACKARD FOUNDATION FOR CHILDREN'S HEALTH
    400 HAMILTON AVENUE SUITE 340
    PALO ALTO,CA94601     		NONE PC SEAN N. PARKER CENTER FOR ALLERGY RESEARCH AT STANFORD 1,000,000
    AMES EDUCATION FOUNDATION
    PO BOX 1125
    AMES,IA50014     		NONE PC GENERAL SUPPORT GRANT 10,000
    WATERLOO COMMUNITY SCHOOL DISTRICT
    1516 WASHINGTON STREET
    WATERLOO,IA50702     		NONE PC JAMES E. BUNNING SCHOLARSHIPS 30,000
    FIRST PRESBYTERIAN CHURCH
    700 N SHERIDAN RD
    LAKE FOREST,IL60045     		NONE PC GENERAL SUPPORT GRANT 75,000
    TEAM IMPACT
    500 VICTORY RD FLOOR 4
    QUINCY,MA02171     		NONE PC GENERAL SUPPORT GRANT 50,000
    Total .................................bullet 3b 2,095,000
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		         
    4 Dividends and interest from securities.... 525990 1,000 14 1,228,673  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		525990 61,642 18 306,026  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aRESOURCE LAND FUND IV     		525990 -71,915 01 -25,326  
    bGCG INVESTORS III, LP 525990 -12,504 01 -13,151  
    cRESOLUTE ANNEX I, LP     01 57  
    dRESOLUTE I, LP     01 136  
    eRESOLUTE II, LP     01 -15,708  
    fMETHOD ONE LLC (FKA KDWC VENTURE FUND) 525990 -32,113 01 25,427  
    gRPM VENTURES III, LP     01 27,023  
    hGCG INVESTORS IV, LP 525990 -14,530 01 13,904  
    iBGW VENTURES I LP     01 -406  
    jBGW VENTURES II LP     01 -119  
    kNEW VENTURES III LLC     01 -49,139  
    lNEW VENTURES III VO LLC     01 7,727  
    mTHE SAFE ANDFAIR FOOD COMPANY LLC 525990 -16,821 01 -102  
    12 Subtotal. Add columns (b), (d), and (e).. -85,241 1,505,022  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,419,781
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow     		Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2018)
    Form 990-PF (2018)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


    		 Phone no.
    Form 990-PF (2018)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2018 AccountingFeesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 44,445 31,112   4,445

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

    TY 2018 DepreciationSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2018 InvestmentsOtherSchedule2
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    CFIP OFFSHORE FUND FMV 6,436 5,069
    TLP SUNSHINE LTD. FMV 14,914,922 3,016,547
    RESOURCE LAND FUND FMV 1,601,169 2,577,664
    AUVEN FUND FMV 432,153 21,247,432
    RESOLUTE I LP FMV 547,171 1,861,965
    BRAUVIN FMV 885,143 885,143
    KDWC FMV 752,273 793,900
    RESOLUTE II LP FMV 607,502 1,115,615
    RESOLUTE ANNEX FMV 452,694 795,004
    GCG INVESTORS III FMV 114,668 679,665
    BEFORE BRANDS FMV 436,562 699,998
    CARD.COM FMV 147,862 89,305
    FOODA FMV 174,615 294,554
    RMD SUPERNOVA FMV 0 232,043
    RPM VENTURES III FMV 572,873 1,723,191
    SPOKIN FMV 600,235 600,000
    ADC THERAPEUTICS FMV 2,593,525 5,750,500
    ABREOS FMV 458,150 438,000
    BRILLIANT PET 2 FMV 88,881 87,933
    C2 SENSE FMV 339,339 311,110
    CLOSTRABIO FMV 918,679 916,252
    GCG INVESTORS IV FMV 997,471 1,041,154
    HCAC III FMV 953,123 2,778,452
    NJOY HOLDINGS, INC. FMV 1,625,060 41,577,600
    IMVAX FMV 1,504,821 2,472,823
    PANGEA FMV 380,309 286,302
    RESOLUTE III LP FMV 1,013,200 1,812,175
    SCANSORIAL ROOT FMV 0 64,379
    TLPIP PARTNERS I FMV 1,564,133 2,996,045
    BGW VENTURES FMV 202,498 1,171,945
    CELLINO FMV    
    CONSORTIA TX FMV 274,310 262,774
    NEW VENTURES III VO FMV 1,085,706 1,588,260
    SAFESITE FMV 139,500 125,000
    SIDX FMV 255,468 250,000
    TRIPLE ENDOSCOPY FMV 352,033 243,197
    TLPIP PARTNERS 2 FMV 836,629 868,354
    ALLADAPT FMV 594,329 578,908
    BGW VENTURES II FMV 200,201 400,986
    GT MEDICAL FMV 105,218 100,000
    HCAC IV FMV 750,870 750,869
    SAFE + FAIR FMV 184,225 222,702
    TLPIP PARTNERS 3 FMV 1,570,750 1,525,000
    TLPIP PARTNERS 4 FMV 801,855 778,500

    TY 2018 LegalFeesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 16,380 6,283   10,098


    TY 2018 OtherDecreasesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description Amount
    INVESTMENT IN PROP TRADING MTM WRITE-OFF 1,130
    ROUNDING 2


    TY 2018 OtherExpensesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    STATE REGISTRATION FEES 152     152
    SUBSCRIPTIONS 1,385     1,385
    POSTAGE & SHIPPING 1,789 119   1,670
    GCG INVESTORS III 15,781 15,629   152
    RESOLUTE ANNEX I 5,425 5,425    
    RESOLUTE I, LP 15,551 15,551    
    RESOLUTE II, LP 22,283 22,283    
    RESOURCE LAND FUND IV 7,565 7,560   5
    TLPIP PARTNERS I 1,192 1,192    
    TLPIP PARTNERS II 269 269    
    RPM VENTURES III 28,148 28,148    
    GCG IV 30,806 30,787   19
    METHOD ONE 20,568 20,568    
    RESOLUTE III 41,074 41,074    
    STATE FILING FEES 125     25
    BGW VENTURES I LP 249 249    
    BGW VENTURES II LP 241 241    
    NEW VENTURES III LLC 5,078 5,078    
    NEW VENTURES III VO LLC 7,727 7,727    
    BANK FEES 7,640 7,640    
    TRANSPORTATION/PARKING 33 33    


    TY 2018 OtherIncomeSchedule2
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    GCG INVESTORS III, LP -25,655    
    RESOLUTE ANNEX I, LP 57    
    The Safe andFair Food Company LLC -16,923    
    RESOLUTE I, LP 136    
    RESOLUTE II, LP -15,708 17  
    RESOURCE LAND FUND IV -97,241 -16,138  
    METHOD ONE -6,686    
    GCG INVESTORS IV, LP -626 -14,658  
    RESOLUTE III      
    RPM VENTURE III 27,023    
    BGW Ventures I LP -406    
    BGW Ventures II LP -119    
    New Ventures III LLC -49,139    
    New Ventures III VO LLC 7,727    


    TY 2018 OtherProfessionalFeesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SERVICE FEE EXPENSE 596,879 503,183   93,696
    CONSULTING FEES 1,833 1,533   300
    INVESTMENT MANAGEMENT FEE 38,167 38,167    


    TY 2018 TaxesSchedule
    Name:
    THE SUNSHINE CHARITABLE FOUNDATION
    EIN:
    20-1919538
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    COMPTROLLER OF MARYLAND 50      
    AZ STATE EXTENSION 50      
    US TREASURY V - 2017 EXT PAYMT 115,000      
    US TREASURY V - 2018 EST PAYMT 10,000      
    CO DEPT OF REVENUE 11      
    IDAHO STATE TAX COMMISSION 30      
    GEORGIA DEPARTMENT OF REVENUE 33