Form990-PF
Click to see attachment

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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 01-01-2020 , and ending 12-31-2020
Name of foundation
KOVLER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)875 N MICHIGAN AVE - 3400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60611
A Employer identification number

36-6152744
B Telephone number (see instructions)

(312) 664-5050
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$130,113,178J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 838,142 838,142  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 6,958,053
b Gross sales price for all assets on line 6a 15,761,739
7 Capital gain net income (from Part IV, line 2)... 6,958,053
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 -302,177 -302,823  
12 Total. Add lines 1 through 11........ 7,494,018 7,493,372  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 129,200 83,855   45,345
14 Other employee salaries and wages...... 340,696 246,544   94,152
15 Pension plans, employee benefits....... 70,946 47,843   23,103
16a Legal fees (attach schedule)......... Click to see attachment 2,941 735   2,206
b Accounting fees (attach schedule)....... Click to see attachment 7,165 3,583   3,582
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 130,656 24,475   11,818
19 Depreciation (attach schedule) and depletion... Click to see attachment 10,456 7,215  
20 Occupancy.............. 135,677 74,623   61,054
21 Travel, conferences, and meetings....... 5,194 4,155   1,039
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 300,095 211,657   84,622
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,133,026 704,685   326,921
25 Contributions, gifts, grants paid....... 4,636,136 4,636,136
26 Total expenses and disbursements. Add lines 24 and 25 5,769,162 704,685   4,963,057
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,724,856
b Net investment income (if negative, enter -0-) 6,788,687
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2020)
Form 990-PF (2020)
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............. 98,379 98,166 98,166
2 Savings and temporary cash investments......... 475,914 2,294,554 2,294,554
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
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.......... 81,344 41,226 41,226
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 9,415,865 14,153,409 92,774,548
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).......... 28,669,577 23,903,400 34,869,152
14 Land, buildings, and equipment: basis bullet64,739
Less: accumulated depreciation (attach schedule) bullet29,258 44,800 Click to see attachment35,481 35,481
15 Other assets (describe bullet) Click to see attachment15,551 Click to see attachment51 Click to see attachment51
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 38,801,430 40,526,287 130,113,178
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22).........   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........... 38,801,430  
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........    
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)..... 38,801,430 40,526,287
30 Total liabilities and net assets/fund balances (see instructions). 38,801,430 40,526,287
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
38,801,430
2
Enter amount from Part I, line 27a .....................
2
1,724,856
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1
4
Add lines 1, 2, and 3 ..........................
4
40,526,287
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
40,526,287
Form 990-PF (2020)
Form 990-PF (2020)
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 Publicly Traded Securities-ST P 2020-01-01 2020-12-31
b Publicly Traded Securities-LT P 2015-01-01 2020-12-31
c Lux Ventures Cayman III-LTCL P 2000-01-01 2020-12-31
d Lone Cascade, LP-S/T CG P 2020-01-01 2020-12-31
e Lone Cascade, LP-L/T CG P 2000-01-01 2020-12-31
Lone Cascade, LP-S/T CG-1256Contracts P 2020-01-01 2020-12-31
Lone Cascade, LP-L/T CG-1256Contracts P 2000-01-01 2020-12-31
Lone Cascade, LP-S/T CG P 2020-01-01 2020-12-31
Lone Cascade, LP-L/T CG P 2000-01-01 2020-12-31
Lone Cascade, LP-S/T CG-1256Contracts P 2020-01-01 2020-12-31
Lone Cascade, LP-L/T CG-1256Contracts P 2000-01-01 2020-12-31
Emerging Europe Growth Fund II, LP-LTCL P 2000-01-01 2020-12-31
Rome Capital Investors, LP-Short-Term CG P 2020-01-01 2020-12-31
Rome Capital Investors, LP-Long-Term CG P 2000-01-01 2020-12-31
1,000 shs Shellback Offshore Fund Ltd. P 2017-01-03 2020-01-07
264.7721 shs JHL Capital Group Fund Ltd. P 2017-01-03 2020-01-10
23.4974 shs Roystone Capital Offshore Fund P 2017-01-03 2020-01-15
592.3996 shs Marcato International Ltd. P 2017-01-03 2020-01-16
500 shs Glenview Offshore Opp. P 2017-01-03 2020-01-21
500 shs White Elm Capital Offshore Ltd P 2007-08-31 2020-01-27
1,118.2695 shs Marcato Encore Intl Ltd P 2017-10-01 2020-01-17
14.1683 shs Roystone Capital Offshore Fund P 2017-01-03 2020-06-01
.0660 shs Magnetar Capital Fund SPC1 P 2017-01-03 2020-08-20
.1013 shs Magnetar Capital Fund SPC3 P 2017-01-03 2020-08-20
886.9192 shs Senator Global Opp Offshore P 2017-01-03 2020-09-18
1,929.12~shs Senator Global Opp OffshoreII P 2017-01-03 2020-09-18
1,136,281.91shs Schwab Variable S Mmkt Fnd P 2020-01-01 2020-01-01
GSCPV Inst.-Long-Term CG P 2019-01-01 2020-12-31
LTCG GSCPV Inst P 2019-01-01 2020-12-31
Alterman Properties-Section 1231 Gain P 2019-01-01 2020-12-31
Glade Brook PI V-Long-Term CL P 2019-01-01 2020-12-31
Disposition Glade Brook Private Investors P 2013-01-01 2020-12-31
JM10-FFF, LLC-STCL P 2020-01-01 2020-12-31
JM10-FFF, LLC-Section 1231 P 2019-01-01 2020-12-31
JM10-FFF, LLC-LTCG P 2019-01-01 2020-12-31
Excess Distrib. White Elm Capital Offsh P 2019-01-01 2020-12-31
Office Equipment-IM-5/17 P 2013-05-17 2020-12-31
Capital Gain Dividends      
(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 837,848   797,853 39,995
b 2,340,099   424,395 1,915,704
c     9,089 -9,089
d 545,561     545,561
e 885,539     885,539
    772 -772
    1,159 -1,159
180,451     180,451
294,353     294,353
    256 -256
    384 -384
    88,685 -88,685
108,221     108,221
929     929
1,541,126   918,888 622,238
259,206   272,931 -13,725
39,707   15,740 23,967
454,892   750,000 -295,108
684,234   500,000 184,234
1,124,037   440,840 683,197
851,474   1,118,270 -266,796
25,164     25,164
39   66 -27
160   101 59
1,752,381   388,479 1,363,902
2,660,371   1,927,783 732,588
1,136,785   1,136,850 -65
3     3
88     88
18     18
    561 -561
    5,724 -5,724
    4,860 -4,860
16     16
33,808     33,808
766     766
  499 499  
      4,463
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       39,995
b       1,915,704
c       -9,089
d       545,561
e       885,539
      -772
      -1,159
      180,451
      294,353
      -256
      -384
      -88,685
      108,221
      929
      622,238
      -13,725
      23,967
      -295,108
      184,234
      683,197
      -266,796
      25,164
      -27
      59
      1,363,902
      732,588
      -65
      3
      88
      18
      -561
      -5,724
      -4,860
      16
      33,808
      766
       
       
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 6,958,053
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 3 868,275
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
SECTION 4940(e) REPEALED ON DECEMBER 20, 2019 - DO NOT COMPLETE
1 Reserved
(a)
Reserved 		(b)
Reserved 		(c)
Reserved 		(d)
Reserved
2
Reserved...........................
2
3
Reserved...........................
3
4
Reserved...........................
4
5
Reserved...........................
5
6
Reserved...........................
6
7
Reserved...........................
7
8
Reserved,..........................
8
Form 990-PF (2020)
Form 990-PF (2020)
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 for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Reserved................................ 1 94,363
c All other domestic foundations enter 1.39% 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 94,363
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 94,363
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 114,145
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 139,145
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 44,782
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet44,782 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? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the 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)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? 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 (2020)
    Form 990-PF (2020)
    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
    Yes
     
    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 ofbulletJonathan Kovler Telephone no.bullet (312) 664-5050

    Located atbullet875 N Michigan Ave Suite 3400ChicagoIL ZIP+4bullet606111958
    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 2020, 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 2020?.............
    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 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    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 2020 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 2020.)..................
    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 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    Jonathan Kovler Pres/CB/Dir
    35.00     		129,000 19,350  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Benjamin Kovler Tr/Mng/Dir
    15.00     		60,000 9,000  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Sally M Kovler Secretary/Dir
    5.00     		0    
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Molly B Kovler Ast Secretary
    35.00     		100 15  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Casey Benjamin Ast Secretary
    35.00     		100 15  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    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
    Brian T Burke Controller
    40.00     		122,625 18,394  
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
    Gina Rosanova Exec. Admin
    40.00     		89,688 13,453  
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
    Sergio Gonzalez Accountant
    40.00     		71,459 10,719  
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    100,935,503
    b
    Average of monthly cash balances.......................
    1b
    5,685,588
    c
    Fair market value of all other assets (see instructions)................
    1c
    65,707
    d
    Total (add lines 1a, b, and c).........................
    1d
    106,686,798
    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
    106,686,798
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,600,302
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    105,086,496
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    5,254,325
    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
    5,254,325
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    94,363
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    94,363
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    5,159,962
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    155
    5
    Add lines 3 and 4............................
    5
    5,160,117
    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
    5,160,117
    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
    4,963,057
    b
    Program-related investments—total from Part IX-B..................
    1b
     
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    352
    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
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    4,963,409
    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
    4,963,409
    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 (2020)
    Form 990-PF (2020)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2019     		(c)
    2019     		(d)
    2020
    1 Distributable amount for 2020 from Part XI, line 7 5,160,117
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 4,854,598
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 4,963,409
    a Applied to 2019, but not more than line 2a 4,854,598
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 108,811
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2020.    
    (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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		5,051,306
    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 2015 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    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 2020, 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) 2020 (b) 2019 (c) 2018 (d) 2017
             
    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:
    Kovler Family Foundation
    875 N Michigan Ave Suite 3400
    Chicago,IL606111958
    (312) 664-5050
    bThe form in which applications should be submitted and information and materials they should include:
    It is recommended that a 1 to 2 page written proposal and a copy of your determination letter be submitted.No Specific Form Required.
    cAny submission deadlines:
    By Mid - November to be considered for the current year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    No Restrictions. Typical Grant Awarded is between $1,000 - $5,000
    Form 990-PF (2020)
    Form 990-PF (2020)
    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
    After School Matters
    66 East Randolph Street
    Chicago,IL60601     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Beyond Sports Foundation
    1350 Old Skokie Valley Rd 205
    Highland Park,IL60035     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Big Brothers - Big Sisters of Metro
    560 W Lake Street 5th Floor
    Chicago,IL60661     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Boys Girls Club of Chicago
    550 W Van Buren Street Suite 350
    Chicago,IL60607     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Camp of Dreams
    1235A N Clybourn Suite 362
    Chicago,IL60610     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Camp Penuel
    PO Box 367
    Ironton,MO63650     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Challenge Aspen
    PO Box 6639
    Snowmass Village,CO81615     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Children's Advocacy Center
    1240 South Damen Avenue
    Chicago,IL60608     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Chicago Youth Centers
    218 S Wabash Ave Suite 600
    Chicago,IL60604     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Jewish Child and Family Services
    3145 W Pratt Boulevard
    Chicago,IL60645     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Foundation for Jewish Camping
    253 West 35th Street 4th Fl
    New York,NY10001     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Intonation Music Workshop
    4434 S Lake Park Ave Suite 110
    Chicago,IL60653     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 15,000
    Invest For Kids Inc
    875 N Michigan
    Chicago,IL60611     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 145,000
    Make A Wish Foundation
    640 N LaSalle St Suite 280
    Chicago,IL60654     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 20,000
    Menomonee Club
    1535 N Dayton
    Chicago,IL60642     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Marine Toys for Tots Foundation
    3034 West Foster Ave
    Chicago,IL60625     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    SAY
    247 West 37th Street 5th Floor
    New York,NY10018     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    SGA Youth Family Services
    11 E Adams Suite 1500
    Chicago,IL60603     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Share Our Spare
    935 W Chestnut Street LL 13
    Chicago,IL60642     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Snow City Arts
    1653 W Congress Pkwy Kidston 103
    Chicago,IL60612     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Alex's Lemonade Stand Foundation
    111 Presidential Blvd Suite 203
    Bala Cynwyd,PA19004     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    CHANGE Illinois
    1025 Margret St
    Des Plaines,IL60016     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 20,000
    ACRE
    1345 W 19th Street
    Chicago,IL60608     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Children's Museum
    700 East Grand Avenue Suite 127
    Chicago,IL60611     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Chicago History Museum
    1601 North Clark Street
    Chicago,IL60614     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Chicago Shakespeare Theater
    800 East Grand Avenue
    Chicago,IL60611     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Symphony Orchestra
    220 South Michigan Ave
    Chicago,IL60604     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Living Desert Zoo and Gardens
    47900 Portola Ave
    Palm Desert,CA92260     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Facing History Ourselves
    2 N LaSalle St 2300
    Chicago,IL60602     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Friends of ELNET
    5215 Old Orchard Rd Suite 880
    Chicago,IL60077     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Hubbard Street Dance Chicago
    1147 W Jackson Blvd
    Chicago,IL60607     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Hyde Park Art Center
    5020 S Cornell Ave
    Chicago,IL60615     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Independence Pass Foundation
    PO Box 1700
    Aspen,CO81612     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Jewish Community Centers of Chgo
    30 South Wells Suite 4000
    Chicago,IL60606     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Jewish Council for Youth Services
    150 N Michigan Avenue Suite 640
    Chicago,IL60601     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Jewish Vocational Services
    216 West Jackson Blvd Suite 700
    Chicago,IL60606     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Joffrey Ballet
    10 East Randolph Street
    Chicago,IL60601     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 7,500
    Lubeznik Center for the Arts
    101 W 2nd St Avenue of the Arts
    Michigan City,IN46360     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Museum of Contemporary Art
    220 East Chicago Avenue
    Chicago,IL60611     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Newberry Library
    60 West Walton Street
    Chicago,IL60610     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Palm Springs Art Museum
    101 Museum Drive
    Palm Springs,CA92262     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 35,000
    PAWS Chicago
    1997 N Clybourn Ave
    Chicago,IL60614     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Rancho Mirage Writers Festival
    71-100 Highway 111
    Rancho Mirage,CA92270     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    US Holocaust Memorial Museum
    PO Box 1852
    Highland Park,IL60035     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 55,250
    Lincoln Park Zoological Society
    2001 North Clark
    Chicago,IL60614     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 200,000
    Illinois Humanities
    125 S Clark St Ste 650
    Chicago,IL60603     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Shattered Globe Theatre
    2936 N Southport Ave Suite 214
    Chicago,IL60657     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 20,000
    Chicago Public Education Fund
    200 West Adams Suite 2150
    Chicago,IL60606     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Public Library Foundation
    20 N Michigan AveB Ste 520
    Chicago,IL60602     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    CPS Student Science Fair
    PO Box 803945
    Chicago,IL60680     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Scholars
    247 S State Street - Suite 700
    Chicago,IL60604     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Communities In Schools of Chicago
    815 West Van Buren Suite 300
    Chicago,IL60607     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    ConTextos
    641 W Lake St Suite 200
    Chicago,IL60661     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Francis W Parker School
    330 West Webster Avenue
    Chicago,IL60614     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 130,000
    Horizons for Youth
    703 West Monroe Street
    Chicago,IL60661     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Immaculate Conception School
    7263 Talcott Ave
    Chicago,IL60631     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    LEARN Charter School Network
    PO Box 08328
    Chicago,IL60618     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Legacy Charter School
    PO Box 891174
    Chicago,IL60608     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 86,000
    One Million Degrees
    180 N Wabash 310
    Chicago,IL60601     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Oxford Academy
    1393 Boston Post Road
    Westbrook,CT06498     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Pomona College
    333 N College Way
    Claremont,CA91711     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Posse Foundation
    111 W Jackson Blvd Suite 1100
    Chicago,IL60604     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    College of Charleston Foundation
    66 George St
    Charleston,SC29424     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Providence St Mel School
    119 South Central Park Avenue
    Chicago,IL60624     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Reading in Motion
    65 E Wacker Place Suite 305
    Chicago,IL60601     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Saint Ann's School
    129 Pierrepont School
    Brooklyn,NY11201     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Mark Day School-Saint Mark's School
    39 Trellis Drive
    San Rafael,CA94903     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 500
    Northwestern University
    1201 Davis Street
    Evanston,IL60208     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    United Negro College Fund
    1805 7th Street NW
    Washington,DC20001     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Ryan Banks Academy
    1245 S Michigan PO Box 212
    Chicago,IL60605     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    University of Chicago Booth School
    5807 S Woodlawn Ave
    Chicago,IL60637     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    University of Chicago Laboratory Sc
    1362 East 59th Street
    Chicago,IL60637     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Foundation for PSUSD-JASI
    150 District Center Drive
    Palm Springs,CA92264     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Wolcott School
    524 N Wolcott Ave
    Chicago,IL60642     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Sonia Shankman School
    6245 S Ingleside Ave
    Chicago,IL60637     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    WTTW
    5400 N St Louis Ave
    Chicago,IL60625     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Academy for Global Citizenship
    4647 West 47th Street
    Chicago,IL60632     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 100,000
    Adler Planetarium
    1300 S Lake Shore Drive
    Chicago,IL60605     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 500
    Alice Lloyd College
    100 Purpose Road
    Pippa Passes,KY41844     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    American University Dept of Athleti
    4400 Massachusetts Ave NW
    Washington,DC20016     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    ChiArts
    2714 W Augusta
    Chicago,IL60622     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 7,500
    Evans Scholars Foundation
    1 Briar Road
    Golf,IL60029     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Tutoring Chicago
    2145 North Halsted
    Chicago,IL60614     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Hyde Park Kenwood Interfaith Counci
    1448 E 52nd Street Box 117
    Chicago,IL60615     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Lakeview Pantry
    5151 N Ravenswood Ave
    Chicago,IL60640     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Loaves Fishes Community Services
    1871 High Grove Lane
    Naperville,IL60540     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    100 Club of Chicago
    875 N Michigan Ave Suite 1351
    Chicago,IL60611     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 200
    A Better Chicago
    600 West Van Buren Suite 510
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Access Living of Metro Chicago
    115 West Chicago Ave
    Chicago,IL60654     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    American Red Cross of Greater Chica
    2200 W Harrison St
    Chicago,IL60612     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Anti-Defamation League
    120 South LaSalle Suite 1150
    Chicago,IL60603     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Better Government Assoc
    223 W Jackson Blvd Suite 900
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Blue Sky Bakery
    3720 N Lincoln Ave
    Chicago,IL60613     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Chicago Cares
    2 N Riverside Plaza Suite 1800
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Chicago Crime Commission
    PO Box 8021
    Chicago,IL60680     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Foundation for Women
    140 S Dearborn Street Suite 400
    Chicago,IL60603     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Police Memorial Foundation
    1407 W Washington Blvd
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Compassion Choices
    PO Box 485
    Etna,NH03750     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Baltimore Hunger Project
    117 Old Padonia Road Suite E
    Cockeysville,MD21030     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Executive Services Corps of Chicago
    318 W Adams St 16th Fl
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Family Focus
    310 S Peoria Street Suite 301
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Fresh Air Fund
    633 3rd Avenue 14th Floor
    New York,NY10017     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Friends of the Israel Defense Force
    29 E Madison Suite 1010
    Chicago,IL60602     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Greater Chicago Food Depository
    4100 W Ann Lurie Place
    Chicago,IL60632     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Guide Dogs of the Desert
    PO Box 1692
    Palm Springs,CA92263     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Border Kindness
    125 E 3rd Street PMB 4
    Calexico,CA92231     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 6,500
    Israel Tennis Centers Foundation In
    3275 West Hillsboro Blvd Ste 102
    Deerfield Beach,FL33442     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Desert Community Foundation
    75-105 Merle Street Suite 300
    Palm Desert,CA92211     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Jewish United Fund of Metro Chicago
    30 South Wells Street
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 250,000
    Judd Goldman Adaptive Sailing Found
    875 N Michigan Ave Suite 3718
    Chicago,IL60611     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    JUF Uptown Cafe
    909 W Wilson Ave
    Chicago,IL60640     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Big Green
    1637 Pearl Street Suite 201
    Boulder,CO80302     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    LakefrontMercy Lakefront Housing
    120 S LaSalle Street Suite 1850
    Chicago,IL60603     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Millennium Park Inc
    201 East Randolph Street
    Chicago,IL60601     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Mundelein Citizen Police AAA
    221 North Lake Street
    Mundelein,IL60060     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    New York Times Neediest Cases Fund
    PO Box 5193
    New York,NY10087     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Night Ministry
    4711 North Ravenswood Ave
    Chicago,IL60640     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Dogs For Our Brave
    PO Box 430011
    St Louis,MO63143     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Roaring Fork Conservancy
    PO Box 3349
    Basalt,CO81621     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Robin Hood
    826 Broadway 9th Floor
    New York,NY10003     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 116,000
    First Tee of Greater Chicago
    35 E Wacker Drive Suite300
    Chicago,IL60601     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Salvation Army
    5040 N Pulaski Road
    Chicago,IL60630     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Drug Policy Alliance
    131 West 33rd St 15th Floor
    New York,NY10001     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 25,000
    United Way of Metropolitan Chicago
    231196 Momentum Place
    Chicago,IL60689     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 100,000
    Support Advocates for Women
    1014 North Hamlin Avenue
    Chicago,IL60651     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Teach for America
    300 West Adams Street Suite 1000
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 100,000
    World Central Kitchen
    655 New York Ave NW 6th Floor
    Washington,DC20001     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 16,500
    Schwab Charitable Fund
    211 Main Street
    San Francisco,CA94105     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 25,000
    YMCA of Metropolitan Chicago
    1030 W Van Buren Street
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Zacharias Sexual Abuse Center
    4275 Old Grand Avenue
    Gurnee,IL60031     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Feed Chicago Inc
    1901 N Clybourn Suite 401
    Chicago,IL60614     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Stallions Hockey Association
    1341 W Fullerton Ave 131
    Chicago,IL60614     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Food Bank for New York City
    39 Broadway 10th Floor
    New York,NY10006     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Food Finders
    10539 Humbolt St
    Los Alamitos,CA90720     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Friendship Center
    2711 W Lawrence Avenue
    Chicago,IL60625     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Alzheimer's Association
    225 N Michigan Ave 17th Floor
    Chicago,IL60601     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    American Brain Tumor Association
    8550 W Bryn Mawr Ave Ste 550
    Chicago,IL60631     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,500
    Cancer Wellness Center
    215 Revere Drive
    Northbrook,IL60062     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Children's Oncology Services Inc
    213 West Institute Place Suite 306
    Chicago,IL60610     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Crohn's Colitis Fdn of America Inc
    2200 E Devon Ave Suite 392
    Des Plaines,IL60018     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Diabetes Research Institute Foundat
    200 South Park Road Suite 100
    Hollywood,FL33021     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Digestive Health Foundation
    541 North Fairbanks Court 800
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Dystonia Medical Research Foundatio
    1 East Wacker Drive 1730
    Chicago,IL60601     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Erikson Institute
    451 North LaSalle
    Chicago,IL60654     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Doctors Without Borders
    PO Box 5030
    Hagerstown,MD21741     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Joslin Diabetes Center
    One Joslin Place Suite 745
    Boston,MA02215     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    La Rabida Children's Hosp Research
    6501 S Promontory
    Chicago,IL60649     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Les Turner ALS Foundation
    5550 W Touhy Avenue Suite 302
    Skokie,IL60077     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Juvenile Diabetes Research Foundati
    One North LaSalle St Suite 1200
    Chicago,IL60602     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Lynn Sage Cancer Research Foundatio
    251 East Huron Street Suite 3-200
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 15,350
    Meharry
    1005 Dr DB Todd Jr Blvd
    Nashville,TN37208     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Memorial Sloan-Kettering Cancer Cen
    885 Second Avenue 7th Fl
    New York,NY10017     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Menninger Foundation
    12301 Main Street
    Houston,TX77035     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Rolfe Pancreatic Cancer Foundation
    4809 North Ravenswood Suite 326
    Chicago,IL60640     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    MPN Foundation
    180 N Michigan Avenue Suite 1870
    Chicago,IL60601     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    National Kidney Fdn of Illinois Inc
    215 West Illinois Street Suite 1C
    Chicago,IL60654     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Lurie Children's Foundation
    225 East Chicago Ave Box 4
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 51,000
    Chicago Women's Health Center
    1025 West Sunnyside Ave 201
    Chicago,IL60640     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Imerman Angels
    205 W Randolph 19th Fl
    Chicago,IL60606     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Ounce of Prevention Fund
    33 West Monroe Street Suite 2400
    Chicago,IL60603     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Ovarian Cancer Research Foundation
    14 Pennsylvania Plaza 2110
    New York,NY10122     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    PCD Foundation
    10137 Portland Avenue South
    Minneapolis,MN55420     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 250,000
    Prostate Cancer Foundation
    1250 Fourth Street
    Santa Monica,CA90401     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 75,000
    Shirley Ryan Ability Lab
    355 E Erie St
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 40,000
    Global Lyme Alliance
    1290 E Main St 3rd Fl
    Stamford,CT06902     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Thresholds
    4101 N Ravenswood Ave
    Chicago,IL60613     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    St Jude Children's Research Hospita
    501 St Jude Place
    Memphis,TN38105     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 10,250
    UCP Seguin of Greater Chicago
    3100 South Central Ave
    Cicero,IL60804     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    The University of Chicago
    5841 S Maryland Avenue
    Chicago,IL60637     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,125,146
    Leukemia and Lymphoma Society
    954 W Washington Blvd
    Chicago,IL60607     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Sinai Health System
    1500 S Fairfield Ave
    Chicago,IL60608     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 7,500
    Eisenhower Medical Center
    39000 Bob Hope Drive
    Rancho Mirage,CA92270     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 48,000
    Keshet
    600 Academy Drive Suite 130
    Northbrook,IL60062     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Chicago Sinai Congregation
    15 W Delaware Place
    Chicago,IL60010     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Precious Blood Center for Reconcili
    PO Box 9379
    Chicago,IL60609     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Temple Sholom
    3480 N Lake Shore Drive
    Chicago,IL60657     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 9,340
    Shalom Tikvah
    2045 Myrtlewood Road
    Baltimore,MD21209     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    AFMDA
    114 San Marita Way
    Palm Beach Gardens,FL33418     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 100
    Total .................................bullet 3a 4,636,136
    bApproved for future payment
    Oxford Academy
    1393 Boston Post Road
    Westbrook,CT06498     		None PC To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Prostate Cancer Foundation
    1250 Fourth Street
    Santa Monica,CA90401     		None PC To aid in achieving the exempt purpose of the various donee organizations. 75,000
    Lincoln Park Zoo
    2001 North Clark Street
    Chicago,IL60614     		None PC To aid in achieving the exempt purpose of the various donee organizations. 594,562
    Total .................................bullet 3b 674,562
    Form 990-PF (2020)
    Form 990-PF (2020)
    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....     14 838,142  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 6,958,053  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aAlterman Properties, LLC     		    14 425  
    bCedar Street T Fund, LP     14 -118,523  
    cEmerging Europe Gr Fnd II     14 -3,275  
    dGlade Brook Pr Inv V, LLC     14 -2,877  
    eGS Capital Partners V     14 -131  
    fGSCP V Inst AIV     14 -17  
    gJM10-FFF, LLC     14 -14,477  
    hLone Cascade, LP     14 -42,345  
    iLone Cascade, LP     14 -96,987  
    jLux Ventures Cayman III     14 -10,726  
    kRome Capital Investors LP     14 -12,237  
    lVolta Energy SFI LP     14 -1,007  
    12 Subtotal. Add columns (b), (d), and (e)..   7,494,018  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    7,494,018
    (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 (2020)
    Form 990-PF (2020)
    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 instructions.
    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 (2020)
    Additional Data


    Software ID: 20011551
    Software Version: 2020v4.0


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Deloitte Tax LLP 7,165 3,583 0 3,582

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

    TY 2020 DepreciationSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    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
    Office Equipment-IM-5/17 2013-05-17 499 468 SL 7.0000 31 21    
    Office Equipment-FM-7/9 2014-07-09 60 49 SL 7.0000 9 6    
    Office Equipment-Shd-6/14 2014-06-24 557 440 SL 7.0000 80 55    
    Computer Equipment-BKF DA 2017-04-03 4,125 2,269 SL 5.0000 825 569    
    Office Furniture-BKF DA 2017-04-03 34,875 13,701 SL 7.0000 4,982 3,438    
    Office Equipment-TA-4/26 2019-04-26 5,361 511 SL 7.0000 766 529    
    Computer Server-7/15 2019-07-15 12,506 1,251 SL 5.0000 2,501 1,726    
    Computer Equipment-7/15 2019-07-15 6,118 612 SL 5.0000 1,224 845    
    Computer Equipment-11/11 2020-11-11 1,137   SL 5.0000 38 26    

    TY 2020 LandEtcSchedule2
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 41,360 21,045 20,315 20,315
    Machinery and Equipment 23,379 8,213 15,166 15,166


    TY 2020 LegalFeesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Honigman Milller Shcwartz Cohn LLP 2,126 24 0 2,102
    Katten Muchin Rosenman LLP 711 711 0 0
    SNR Denton US LLP 104 0 0 104


    TY 2020 OtherAssetsSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Due from Brokers 15 32 32
    Due from Partnerships   19 19


    TY 2020 OtherExpensesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 304 228   76
    Computer Expense 13,339 8,004   5,335
    Employee Welfare 16,819 11,342   5,477
    Insurance 152,326 102,185   50,141
    Investment Fees 61,245 61,245    
    License & Fees 100 75   25
    Office Expense 24,306 14,583   9,723
    Outside Services 18,007 9,003   9,004
    Passthru-Nondeductible Expense 3,816      
    Telephone 8,335 4,168   4,167
    Utilities 1,498 824   674


    TY 2020 OtherIncomeSchedule2
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Alterman Properties, LLC 425 425  
    Cedar Street T Fund, LP -118,523 -118,523  
    Emerging Europe Gr Fnd II -3,275 -3,275  
    Glade Brook Pr Inv V, LLC -2,877 -2,877  
    GS Capital Partners V -131 -131  
    GSCP V Inst AIV -17 -17  
    JM10-FFF, LLC -14,477 -15,123  
    Lone Cascade, LP -42,345 -42,345  
    Lone Cascade, LP -96,987 -96,987  
    Lux Ventures Cayman III -10,726 -10,726  
    Rome Capital Investors LP -12,237 -12,237  
    Volta Energy SFI LP -1,007 -1,007  


    TY 2020 OtherIncreasesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Description Amount
    Rounding 1


    TY 2020 TaxesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    20011551
    Software Version:
    2020v4.0
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF 94,363      
    Payroll Taxes 36,293 24,475   11,818