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
2020
Open to Public Inspection
For calendar year 2020, or tax year beginning 07-01-2020 , and ending 06-30-2021
Name of foundation
HARRY F CHADDICK AND ELAINE
CHADDICK FOUNDATION INC
Number and street (or P.O. box number if mail is not delivered to street address)1731 N MARCEY STREET NO 515
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60614
A Employer identification number

36-3320988
B Telephone number (see instructions)

(312) 346-2141
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$11,914,392J 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 12,732 12,732  
4 Dividends and interest from securities... 108,015 108,015  
5a Gross rents............ 47,775    
b Net rental income or (loss) -8,550
6a Net gain or (loss) from sale of assets not on line 10 868,355
b Gross sales price for all assets on line 6a 2,542,583
7 Capital gain net income (from Part IV, line 2)... 868,355
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 1,084 1,084  
12 Total. Add lines 1 through 11........ 1,037,961 990,186  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 302,000 90,600   211,400
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 15,000 4,500   10,500
c Other professional fees (attach schedule).... Click to see attachment 76,416 76,416   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 45,047 6,379   14,885
19 Depreciation (attach schedule) and depletion... Click to see attachment 17,512 0  
20 Occupancy.............. 24,564 7,369   17,195
21 Travel, conferences, and meetings....... 1,424 0   1,424
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 31,340 0   4,621
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 513,303 185,264   260,025
25 Contributions, gifts, grants paid....... 610,650 610,650
26 Total expenses and disbursements. Add lines 24 and 25 1,123,953 185,264   870,675
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -85,992
b Net investment income (if negative, enter -0-) 804,922
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.............      
2 Savings and temporary cash investments......... 449,503 106,251 106,251
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..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 3,523,110 Click to see attachment3,904,342 10,714,141
c Investments—corporate bonds (attach schedule)....... 816,657 Click to see attachment710,197 726,237
11 Investments—land, buildings, and equipment: basis bullet530,537
Less: accumulated depreciation (attach schedule) bullet169,043 378,714 Click to see attachment361,494 361,494
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet21,321
Less: accumulated depreciation (attach schedule) bullet18,797 2,816 Click to see attachment2,524 2,524
15 Other assets (describe bullet) Click to see attachment3,745 Click to see attachment3,745 Click to see attachment3,745
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 5,174,545 5,088,553 11,914,392
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 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 6,980,959 6,980,959
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds -1,806,414 -1,892,406
29 Total net assets or fund balances (see instructions)..... 5,174,545 5,088,553
30 Total liabilities and net assets/fund balances (see instructions). 5,174,545 5,088,553
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
5,174,545
2
Enter amount from Part I, line 27a .....................
2
-85,992
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
5,088,553
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
5,088,553
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 150 SHS KORNIT DIGITAL LTD P 2017-01-24 2020-06-29
b 710 SHS ALLSTATE CORP COM P 2013-06-05 2020-07-09
c 2,000 SHS ISHARES CORP S&P SMALL CAP P 2003-09-26 2020-07-09
d 1,125 SHS MONDELEZ INTL INC COM P 2015-06-05 2020-07-09
e 365 SHS RAYTHEON TECHNOLOGIES CORP COM P 2020-06-11 2020-07-09
500 SHS SCHLUMBERGER LIMITED COM P 2009-01-12 2020-07-09
97.34 SHS TRAVELERS COMPANIES INC COM P 2005-01-20 2020-07-09
180 SHS VANGUARD INTL EQUITY INDEX FDS P 2012-04-05 2020-07-09
450 SHS VANGUARD INTL EQUITY INDEX FDS P 2012-04-05 2020-07-09
580 SHS WELLS FARGO CO NEW COM P 2011-01-07 2020-07-09
135 SHS YUM BRANDS INC DISCRETION P 2012-09-28 2020-07-09
810 SHS MERCK & CO INC COM P 2019-07-12 2020-07-21
645 SHS NOVARTIS AG SPONSORED ADR P 2011-08-11 2020-08-06
460 SHS YUM CHINA HLDGS INC COM P 2012-05-15 2020-08-06
665 SHS CISCO SYSTEMS INC P 2019-08-28 2020-08-13
27,000 SHS ANHEUSER-BUSCH INVBEV WLDW INC P 2017-05-22 2020-08-12
291.02 SHS EXXON MOBIL CORP DISCRETION P 2006-12-08 2020-09-08
900 SHS SPDR S&P MIDCAP 400 ETF P 2003-09-26 2020-09-08
1,600 SHS 1LIFE HEALTHCARE INC COM P 2020-07-29 2020-09-16
115,000 SHS ECOLAB INC NOTE CALL MAKE WHOLE 4.35000% P 2020-04-01 2020-09-14
40,000 SHS BECTON DICKINSON & CO NOTE CALL MAKE WHOLE 3.25000% P 2019-01-10 2020-09-29
800 SHS VONTIER CORPORATION COM P 2020-09-09 2020-10-09
100,000 SHS BERKSHIRE HATHAWAY FIN CORP P 2014-11-13 2020-10-15
50,000 SHS VERIZON COMMUNICATIONS INC P 2014-05-05 2020-12-08
2,220 SHS COMCAST CORP DISCRETION P 2014-06-14 2021-02-19
500 SHS PHREESIA INC COM P 2020-09-16 2021-03-01
1,500 SHS DATTO HLDG CORP COM P 2020-12-15 2021-03-04
150 SHS TELADOC HEALTH INC COM P 2019-06-10 2021-03-17
225 SHS BROADCOM INC COM P 2017-03-24 2021-03-30
200 SHS DOCUSIGN INC COM P 2018-10-24 2021-03-30
500 SHS PHREESIA INC COM P 2020-09-16 2021-03-30
4,000 SHS SOC TELEMED INC COM P 2021-02-19 2021-03-30
50,000 SHS UNITED PARCEL SVCS INC NOTE P 2017-12-18 2021-04-01
50,000 SHS PEPSICO INC NOTE P 2017-12-19 2021-04-15
300 SHS FISERV INC DISCRETION P 2020-05-18 2021-06-03
600 SHS HOLOGIC INC DISCRETION P 2020-04-24 2021-06-03
447 SHS THERMO FISHER SCIENTIFIC INC P 2009-02-03 2021-06-03
300 SHS GLOBAL PAYMENTS INC P 2018-04-26 2021-06-16
510 SHS RAYTHEON TECHNOLOGIES CORP COM P 2006-05-19 2020-07-09
460 SHS YUM BRANDS INC DISCRETION P 2012-05-15 2020-07-09
560 SHS WELLS FARGO CO NEW COM P 2006-11-28 2020-07-09
20.91 SHS TRAVELERS COMPANIES INC COM P 2003-12-03 2020-07-09
476.74 SHS TRAVELERS COMPANIES INC COM P 2003-09-24 2020-07-09
500 SHS SCHLUMBERGER LIMITED COM P 2019-03-05 2020-07-09
30 SHS SCHLUMBERGER LIMITED COM P 2015-09-28 2020-07-09
665 SHS CISCO SYSTEMS INC P 2019-09-03 2020-08-13
1,200 SHS CISCO SYSTEMS INC P 2020-07-17 2020-08-13
1,200 SHS CISCO SYSTEMS INC P 2020-07-10 2020-08-13
258.98 SHS EXXON MOBIL CORP DISCRETION P 2005-09-15 2020-09-08
135 SHS YUM CHINA HLDGS INC COM P 2012-09-28 2020-08-06
20 SHS BROADCOM INC COM P 2018-10-18 2021-03-30
200 SHS GLOBAL PAYMENTS INC P 2018-04-17 2021-06-16
400 SHS HOLOGIC INC DISCRETION P 2020-04-30 2021-06-03
800 SHS FISERV INC DISCRETION P 2019-09-05 2021-06-03
(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 7,288   2,474 4,814
b 60,668   35,941 24,727
c 131,557   39,076 92,481
d 56,440   44,439 12,001
e 21,222   23,194 -1,972
8,580   20,843 -12,263
10,663   3,600 7,063
17,832   15,599 2,233
19,507   19,476 31
13,891   17,960 -4,069
11,643   6,187 5,456
63,916   64,289 -373
53,682   29,903 23,779
24,710   9,781 14,929
28,294   31,070 -2,776
28,149   27,030 1,119
11,104   16,265 -5,161
305,755   84,456 221,299
47,229   51,208 -3,979
120,468   118,062 2,406
40,144   39,712 432
23,157   21,104 2,053
100,000   100,000 0
50,828   50,050 778
115,720   21,194 94,526
31,656   15,119 16,537
34,914   41,141 -6,227
27,804   8,827 18,977
102,224   49,531 52,693
38,976   8,120 30,856
25,510   15,119 10,391
24,600   36,783 -12,183
50,000   49,827 173
50,000   49,514 486
33,855   30,647 3,208
36,624   27,759 8,865
198,946   16,089 182,857
58,416   33,691 24,725
29,653   17,586 12,067
39,671   22,659 17,012
13,412   19,706 -6,294
2,291   772 1,519
52,221   17,138 35,083
8,580   22,337 -13,757
515   2,090 -1,575
28,294   30,982 -2,688
51,057   56,148 -5,091
51,057   55,920 -4,863
9,881   16,332 -6,451
7,252   2,671 4,581
9,087   4,599 4,488
38,944   22,355 16,589
24,416   21,101 3,315
90,280   86,752 3,528
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       4,814
b       24,727
c       92,481
d       12,001
e       -1,972
      -12,263
      7,063
      2,233
      31
      -4,069
      5,456
      -373
      23,779
      14,929
      -2,776
      1,119
      -5,161
      221,299
      -3,979
      2,406
      432
      2,053
      0
      778
      94,526
      16,537
      -6,227
      18,977
      52,693
      30,856
      10,391
      -12,183
      173
      486
      3,208
      8,865
      182,857
      24,725
      12,067
      17,012
      -6,294
      1,519
      35,083
      -13,757
      -1,575
      -2,688
      -5,091
      -4,863
      -6,451
      4,581
      4,488
      16,589
      3,315
      3,528
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 2 868,355
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
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 11,188
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 0
3 Add lines 1 and 2........................... 3 11,188
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,188
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 9,920
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 24,920
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
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 13,732
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet13,732 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See 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$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    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
     
    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 ofbulletFRED M BRODY Telephone no.bullet (312) 346-2141

    Located atbullet222 S RIVERSIDE PLAZA SUITE 2730CHICAGOIL ZIP+4bullet60606
    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
    MARI HATZENBUEHLER CRAVEN PRESIDENT/DIR
    35.00     		160,000 0 0
    680 N LAKE SHORE DR 1124
    CHICAGO,IL60611
    SUZANNE HUDSON HATZENBUEHLER VICE PRES/DIR
    30.00     		132,000 0 0
    35 MAYFLOWER DRIVE
    ASHEVILLE,NC28804
    WAYNE MORETTI TREASURER/DIR
    10.00     		10,000 0 0
    954 RALEIGH ROAD
    GLENVIEW,IL60025
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    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.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (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
    11,149,924
    b
    Average of monthly cash balances.......................
    1b
    301,717
    c
    Fair market value of all other assets (see instructions)................
    1c
    530,536
    d
    Total (add lines 1a, b, and c).........................
    1d
    11,982,177
    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
    0
    3
    Subtract line 2 from line 1d.........................
    3
    11,982,177
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    179,733
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    11,802,444
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    590,122
    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
    590,122
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    11,188
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,188
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    578,934
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    578,934
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    578,934
    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
    870,675
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    870,675
    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
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    870,675
    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 7 578,934
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 395,978
    b From 2016...... 430,085
    c From 2017...... 483,644
    d From 2018...... 580,834
    e From 2019...... 395,057
    fTotal of lines 3a through e........ 2,285,598
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 870,675
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 578,934
    e Remaining amount distributed out of corpus 291,741
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 2,577,339
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		395,978
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		2,181,361
    10 Analysis of line 9:
    a Excess from 2016.... 430,085
    b Excess from 2017.... 483,644
    c Excess from 2018.... 580,834
    d Excess from 2019.... 395,057
    e Excess from 2020.... 291,741
    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 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 (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
    ALL SOULS COUNSELING
    35 ARLINGTON ST
    ASHEVILLE,NC28801     		NONE PUBLIC HEALTHCARE 20,000
    ANNUAL CATHOLIC APPEAL
    835 NORTH RUSH STREET
    CHICAGO,IL60611     		NONE PUBLIC RELIGIOUS 1,500
    ANTHONY RIZZO FOUNDATION
    7670 NW 62 WAY
    PARKLAND,FL33067     		NONE PUBLIC CIVIC 2,500
    ASHEVILLE ART MUSEUM
    2 SOUTH PACK SQUARE
    ASHEVILLE,NC28801     		NONE PUBLIC EDUCATIONAL 250
    ASHEVILLE BUNCOMBE TECHNICAL COLLEGE
    340 VICTORIA ROAD
    ASHEVILLE,NC28801     		NONE PUBLIC EDUCATIONAL 5,000
    ASHEVILLE SYMPHONY ORCHESTRA
    PO BOX 2852
    ASHEVILLE,NC28802     		NONE PUBLIC CIVIC 10,000
    BIG SHOULDERS FUND
    309 W WASHINGTON
    CHICAGO,IL60606     		NONE PUBLIC EDUCATIONAL 10,000
    CASA CENTRAL
    1343 N CALIFORNIA AVE
    CHICAGO,IL60622     		NONE PUBLIC EDUCATIONAL 4,000
    CATHOLIC CHARITIES
    4940 W FLOURNOY STREET
    CHICAGO,IL60644     		NONE PUBLIC RELIGIOUS 5,000
    CHERRY PRESCHOOL
    1418 LAKE STREET
    EVANSTON,IL60202     		NONE PUBLIC EDUCATIONAL 6,000
    CHICAGO SYMPHONY ORCHESTRA
    220 S MICHIGAN AVENUE
    CHICAGO,IL60604     		NONE PUBLIC CIVIC 10,000
    CHILDREN'S HOME AND AID
    125 S WACKER DRIVE
    CHICAGO,IL60606     		NONE PUBLIC HEALTHCARE 5,000
    CHILDREN'S WELFARE LEAGUE
    PO BOX 15425
    ASHEVILLE,NC28813     		NONE PUBLIC CIVIC 40,000
    CIRCUS OF TRAVELING SHOW RETIREMENT PROJECT
    4588 LONGWATER CHASE
    SARASOTA,FL34235     		NONE PUBLIC CIVIC 1,000
    CRISTO REY JESUIT HIGH SCHOOL
    1852 W 22ND PL
    CHICAGO,IL60608     		NONE PUBLIC EDUCATIONAL 7,000
    DANIEL MURPHY SCHOLARSHIP FUND
    309 W WASHINGTON
    CHICAGO,IL60606     		NONE PUBLIC CIVIC 4,000
    DEPAUL UNIVERSITY
    1 E JACKSON BLVD
    CHICAGO,IL60604     		NONE PUBLIC EDUCATIONAL 130,000
    FAMILY RESCUE
    9204 S COMMERCIAL AVENUE STE 407
    CHICAGO,IL60617     		NONE PUBLIC HEALTHCARE 5,000
    FOOD CONNECTION
    22 S PARK SQUARE SUITE 302
    ASHEVILLE,NC28801     		NONE PUBLIC CIVIC 5,000
    FRANCISCAN OUTREACH ASSOCIATION
    1645 WEST LEMOYNE STREET
    CHICAGO,IL60622     		NONE PUBLIC RELIGIOUS 6,000
    GIRLS ON THE RUN
    1415 N DAYTON ST SUITE 112
    CHICAGO,IL60642     		NONE PUBLIC EDUCATIONAL 3,000
    GREAT LAKE ACADEMY
    8401 S SAGINAW AVE
    CHICAGO,IL60617     		NONE PUBLIC EDUCATIONAL 1,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PL
    CHICAGO,IL60632     		NONE PUBLIC CIVIC 500
    HEAR
    1405 LYON ST
    SAN FRANCISCO,CA94115     		NONE PUBLIC CIVIC 27,500
    HARMONY HOPE AND HEALING
    PO BOX 557834
    CHICAGO,IL60655     		NONE PUBLIC HEALTHCARE 7,500
    HEALTHY SCHOOLS CAMPAIGN
    175 N FRANKLIN STE 300
    CHICAGO,IL60606     		NONE PUBLIC HEALTHCARE 5,000
    HEPHZIBAH CHILDREN'S ASSOCIATION
    946 NORTH BOULEVARD
    OAK PARK,IL60301     		NONE PUBLIC EDUCATIONAL 3,000
    HIGH SIGHT
    315 WEST WALTON
    CHICAGO,IL60610     		NONE PUBLIC HEALTHCARE 5,000
    HOLY NAME CATHEDRAL
    730 N WABASH AVE
    CHICAGO,IL60611     		NONE PUBLIC RELIGIOUS 1,000
    HORIZONS FOR YOUTH
    703 WEST MONROE
    CHICAGO,IL60661     		NONE PUBLIC EDUCATIONAL 7,500
    HOWARD AREA COMMUNITY CENTER
    7648 NORTH PAULINA STREET
    CHICAGO,IL60626     		NONE PUBLIC EDUCATIONAL 5,000
    JOSEPHINUM ACADEMY
    1501 N OAKLEY BLVD
    CHICAGO,IL60622     		NONE PUBLIC EDUCATIONAL 6,000
    JUVENILE PROTECTIVE ASSOCIATION
    1707 NORTH HALSTED
    CHICAGO,IL60614     		NONE PUBLIC EDUCATIONAL 10,000
    LAWRENCE HALL YOUTH SERVICES
    65 EAST WACKER PLACE
    CHICAGO,IL60601     		NONE PUBLIC CIVIC 7,500
    LEAP LEARNING SYSTEMS
    8 SOUTH MICHIGAN
    CHICAGO,IL60603     		NONE PUBLIC EDUCATIONAL 39,000
    LINCOLN PARK ZOO
    2001 NORTH CLARK STREET
    CHICAGO,IL60614     		NONE PUBLIC EDUCATIONAL 3,000
    LITTLE BROTHERS FRIENDS OF ELDERLY
    355 NORTH ASHLAND AVE
    CHICAGO,IL60607     		NONE PUBLIC CIVIC 2,000
    LITTLE SISTERS OF THE POOR
    2325 N LAKEWOOD AVENUE
    CHICAGO,IL60614     		NONE PUBLIC CIVIV 6,300
    MAGDALENE HOUSE CHICAGO
    PO BOX 1541
    NORTH RIVERSIDE,IL60546     		NONE PUBLIC CIVIC 5,000
    MARY KNOLL FATHERS & BROTHERS
    5128 S HYDE PARK BLVD
    CHICAGO,IL60615     		NONE PUBLIC CIVIC 5,000
    MEMORYCARE
    100 FAR HORIZONS LANE
    ASHEVILLE,NC28803     		NONE PUBLIC HEALTHCARE 15,000
    MERIT SCHOOL OF MUSIC
    38 SOUTH PEORIA STREET3
    CHICAGO,IL60607     		NONE PUBLIC SCHOOL 7,000
    MIDTOWN EDUCATIONAL FOUNDATION
    718 SOUTH LOOMIS STREET
    CHICAGO,IL60607     		NONE PUBLIC EDUCATIONAL 5,000
    NATIONAL SHRINE OF ST FRANCES XAVIER
    2520 N LAKEVIEW AVE
    CHICAGO,IL60614     		NONE PUBLIC RELIGIOUS 1,500
    NORTHSIDE HOUSING AND SUPPORTIVE SERVICES
    3340 N CLARK STREET STE 203
    CHICAGO,IL60657     		NONE PUBLIC HEALTHCARE 5,000
    OLD TOWN SCHOOL OF FOLK MUSIC
    4544 NORTH LINCOLN AVENUE
    CHICAGO,IL60625     		NONE PUBLIC EDUCATIONAL 8,000
    ON TRACK FINANCIALEDUCATION COUNSELING
    50 S FRENCH BROAD AVE
    ASHEVILLE,NC28801     		NONE PUBLIC CIVIC 10,000
    PISGAH LEGAL SERVICES
    PO BOX 2276
    ASHEVILLE,NC28802     		NONE PUBLIC CIVIC 20,000
    SACRED HEART SCHOOLS
    6250 N SHERIDAN ROAD
    CHICAGO,IL60660     		NONE PUBLIC SCHOOL 1,000
    SPARK
    251 RHODE ISLAND
    SAN FRANCISCO,CA94103     		NONE PUBLIC EDUCATIONAL 4,000
    ST EUGENES CATHOLIC CHURCH
    7958 WEST FOSTER AVENUE
    CHICAGO,IL60656     		NONE PUBLIC RELIGIOUS 10,000
    ST LEONARD'S MINISTRIES
    48 NORTH HOYNE AVENUE
    CHICAGO,IL60612     		NONE PUBLIC RELIGIOUS 7,500
    ST VINCENT DE PAUL SOCIETY
    58 PROGRESS PARKWAY
    ST LOUIS,MO63043     		NONE PUBLIC RELIGIOUS 25,000
    THE ARK
    6450 N CALIFORNIA
    CHICAGO,IL60645     		NONE PUBLIC CIVIC 3,500
    THE CHICAGO LIGHTHOUSE
    1850 WEST ROOSELVELT ROAD
    CHICAGO,IL60608     		NONE PUBLIC EDUCATIONAL 5,000
    THE NIGHT MINISTRY
    4711 N RAVENSWOOD AVE
    CHICAGO,IL60640     		NONE PUBLIC HEALTHCARE 3,500
    TUTORING CHICAGO
    2145 N HALSTED ST
    CHICAGO,IL60614     		NONE PUBLIC EDUCATIONAL 3,500
    UNIVERISTY OF CHICAGO WOMEN'S BOARD GRANTS FOUNDATION
    5235 S HARPER CT SUITE 1000
    CHICAGO,IL60615     		NONE PUBLIC EDUCATIONAL 1,000
    URBAN INITIATIVES
    650 WEST LAKE STREET
    CHICAGO,IL60661     		NONE PUBLIC EDUCATIONAL 5,000
    WESTERN CAROLINA RESCUE MINISTRIES
    225 PATTON AVE
    ASHEVILLE,NC28801     		NONE PUBLIC CIVIC 10,000
    WORKING WHEELS WNC
    76 WEAVERVILLE ROAD
    ASHEVILLE,NC28804     		NONE PUBLIC CIVIC 20,000
    626 LANDMARK FOUNDATION
    626 NORTH MICHIGAN AVE
    CHICAGO,IL60611     		NONE PUBLIC CIVIC 250
    TERPSICORPS THEATRE OF DANCE
    1501 PATTON AVE
    ASHEVILLE,NC28806     		NONE PUBLIC CIVIC 250
    RIP MEDICAL DEBT
    28-07 JACKSON AVE 5TH FL
    LONG ISLAND CITY,NY11101     		NONE PUBLIC CIVIC 10,000
    RUSTY'S LEGACY
    139 LYTLE MOUNTAIN RD
    MARION,NC28752     		NONE PUBLIC CIVIC 100
    ST VINCENT DE PAUL SOCIETY - BUNCOMBE COUNTY
    102 ANDREWS PLACE
    SWANNANOA,NC28778     		NONE PUBLIC RELIGIOUS 2,500
    Total .................................bullet 3a 610,650
    bApproved for future payment
    Total .................................bullet 3b 0
    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 ...........     		    14 12,732  
    4 Dividends and interest from securities....     14 108,015  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property..... 531390 -8,550      
    6 Net rental income or (loss) from personal property          
    7 Other investment income.....     14 1,084  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 868,355  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. -8,550 990,186 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    981,636
    (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:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description

    TY 2020 AccountingFeesSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 15,000 4,500   10,500

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

    TY 2020 DepreciationSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    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
    FURNITURE AND FIXTURES 1995-01-01 2,375 2,375   0 % 0 0    
    COMPUTER 2006-07-09 1,344 1,344 SL 5.000000000000 0 0    
    FURNITURE AND FIXTURES 2006-07-10 7,876 7,876 SL 7.000000000000 0 0    
    OFFICE WIRING 2006-11-01 3,389 1,189 SL 39.000000000000 87 0    
    COMPUTER 2007-08-10 1,014 1,014 SL 5.000000000000 0 0    
    FURNITURE AND FIXTURES 2008-03-08 1,394 1,394 SL 7.000000000000 0 0    
    BUILDING 2011-11-23 395,503 124,045 SL 27.500000000000 14,382 14,382    
    LAND 2011-11-23 43,945   L   0 0    
    WASHING MACHINE 2012-05-15 301 150 200DB 5.000000000000 0 0    
    APPLIANCES 2012-12-31 6,109 3,054 200DB 5.000000000000 0 0    
    IMPROVEMENTS 2012-10-01 5,059 1,418 SL 27.500000000000 184 184    
    COMPUTER 2012-10-05 1,828 1,828 SL 5.000000000000 0 0    
    APPLIANCES 2013-12-31 7,127 3,563 200DB 5.000000000000 0 0    
    SNOWBLOWER 2015-01-03 604 523 200DB 7.000000000000 54 81    
    COMPUTER EQUIPMENT 2015-04-14 1,075 1,075 SL 5.000000000000 0 0    
    APPLIANCES 2015-12-31 2,385 1,123 200DB 5.000000000000 69 239    
    IMPROVEMENTS 2015-12-31 25,772 4,256 SL 27.500000000000 937 937    
    APPLIANCES 2016-12-31 1,239 512 200DB 5.000000000000 71 248    
    IMPROVEMENTS 2016-12-31 15,991 2,058 SL 27.500000000000 581 581    
    IMPROVEMENTS 2017-12-31 13,334 1,233 SL 27.500000000000 485 485    
    GRILL 2018-09-25 600   200DB 5.000000000000 0 120    
    IMPROVEMENTS 2018-12-31 12,567 705 SL 27.500000000000 457 457    
    COMPUTER 2018-07-11 1,025 410 SL 5.000000000000 205 0    

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Name of Bond End of Year Book Value End of Year Fair Market Value
    100,000 SHS WESTINGHOUSE AIR BRAKE TECHNOL SER B 3.45000% 11/15/2026 101,748 107,352
    125,000 SHS VNMARE INC NOTE MAKE WHOLE 2.95000% 8/21/2022 126,376 128,230
    4,540.271 WILLIAM BLAIR BOND FUND CL 1 3.84% ESTIMATED YIELD 46,901 47,400
    46,125.461 SHS EATON VANCE INCOME FUND OF BOSTON CL I 5.67% 250,000 260,148
    50,000 SHS TOYOTA MRT CR CORP 2.8% DUE 7/13/22 50,608 51,325
    50,000 SHS WELLS FARGO & CO 3.500% DUE 3/8/22 51,741 51,113
    75,000 SHS ELANCO ANIMAL HEALTH SER B NOTE 5.27200% 8/28/2023 82,823 80,669

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Name of Stock End of Year Book Value End of Year Fair Market Value
    1,200 SHS CARMAX INC 73,128 154,980
    1,000 SHS DOCUSIGN 38,530 279,570
    1,050 SHS KORNIT DIGITAL LTD 17,315 130,547
    1,200 SHS VISA INC 22,799 280,584
    1,275 SHS INTERCONTINENTAL EXCHANGE INC 65,104 151,343
    1,300 SHS IHS MARKIT LTD 67,601 146,458
    1,300 SHS ZOETIS INC 38,610 242,268
    2,269 SHS MICROSOFT CORP 94,900 614,672
    2,180 SHS STARBUCKS CORP 49,990 243,746
    1,530 SHS TJX COS INC 53,637 103,153
    3,675 SHS BRISTOL-MYERS SQUIBB CO COM 228,244 245,564
    120 SHS AMAZON.COM INC 22,870 412,819
    280 SHS ALPHABET INC 71,240 2,442
    2,000 SHS VANGUARD FTSE ALL WORLD EX US INDEX FUND 86,560 126,780
    2,125 SHS SPROUT SOCIAL INC COM CL A 60,520 190,018
    2,546 SHS BLACKSTONE GROUP LP COM 110,309 247,318
    2,000 SHS COSTAR GROUP INC 34,426 165,640
    265 SHS BOEING CO 33,869 63,483
    980 SHS PEPSICO INC 44,725 145,207
    300 SHS WORKDAY INC COM 39,154 71,622
    500 SHS AMBIOMED INC 47,772 156,055
    360 SHS ACCENTURE PLC CL A 55,438 106,124
    385 SHS FACEBOOK INC 68,341 133,868
    400 SHS CHEVRON CORP 37,558 41,896
    1,000 SHS ECOLAB INC 176,641 205,970
    400 SHS IDEXX LABORATORIES CORP 16,992 252,620
    8,500 SHS REPAY HLDGS CORP COM CL A 140,930 204,340
    840 SHS COSTCO WHOLESALE CORP-NEW 80,896 332,363
    1,095 SHS JOHNSON & JOHNSON 65,676 180,390
    1,240 SHS PAYPAL HLDGS INC COM 76,036 361,435
    600 SHS ALIBABA GROUP HLDG LTD 104,292 136,068
    600 SHS AMETEK INCOM 28,639 80,100
    600 SHS DEXCOM INC 5,922 256,200
    610 SHS PROCTER & GAMBLE CO 28,236 82,307
    615 SHS HONEYWELL INTL INC 24,182 134,900
    625 SHS AMERICAN EXPRESS CO 24,690 103,269
    4,620 SHS APPLE INC 47,892 632,755
    1,075 SHS HOME DEPOT INC 28,979 342,807
    700 SHS STRYKER CORP 34,891 181,811
    760 SHS DISNEY WALT CO 85,892 133,585
    790 SHS ABBOTT LABS 50,762 91,585
    1,210 SHS SALESFORCE.COM INC 101,284 295,567
    1,035 SHS QUALCOMM INC 48,135 147,933
    1,800 SHS ADAPTIVE BIOTECHOLOGIES CORP COM 61,632 73,548
    900 SHS ISHARES MSCI EAFE INDEX FUND 47,898 70,992
    1,895 SHS JPMORGAN CHASE & CO 124,822 294,748
    755 SHS TELADOC HEALTH INC COM 43,777 125,549
    950 SHS DAHAHER CORP 69,953 254,942
    1,100 SHS NIKE INC CL B 24,697 169,939
    1,000 SHS AON PLC SHS CL A COM 197,505 238,760
    2,775 SHS FORTIVE CORP COM 185,020 193,529
    320 SHS LINDE PLC COM 82,839 92,512
    1,000 SHS PHREESIA INC COM 30,238 61,300
    3,000 SHS UBER TECHNOLOGIES INC COM 99,511 150,360
    2,000 SHS WABTEC COM 159,532 164,600
    10,000 SHS EVOLENT HEALTH INC CL A 143,311 211,200

    TY 2020 InvestmentsLandSchedule2
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    BUILDING 395,503 138,427 257,076  
    LAND 43,945 0 43,945  
    WASHING MACHINE 301 301 0  
    APPLIANCES 6,109 6,109 0  
    IMPROVEMENTS 5,059 1,602 3,457  
    APPLIANCES 7,127 7,127 0  
    SNOWBLOWER 604 577 27  
    APPLIANCES 2,385 2,385 0  
    IMPROVEMENTS 25,772 5,193 20,579  
    APPLIANCES 1,239 1,203 36  
    IMPROVEMENTS 15,991 2,639 13,352  
    IMPROVEMENTS 13,334 1,718 11,616  
    GRILL 600 600 0  
    IMPROVEMENTS 12,567 1,162 11,405  

    TY 2020 LandEtcSchedule2
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    FURNITURE AND FIXTURES 2,375 2,375 0  
    COMPUTER 1,344 1,344 0  
    FURNITURE AND FIXTURES 7,876 7,876 0  
    OFFICE WIRING 3,389 1,276 2,113  
    COMPUTER 1,014 1,014 0  
    FURNITURE AND FIXTURES 1,394 1,394 0  
    COMPUTER 1,828 1,828 0  
    COMPUTER EQUIPMENT 1,075 1,075 0  
    COMPUTER 1,025 615 410  


    TY 2020 OtherAssetsSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT 3,745 3,745 3,745


    TY 2020 OtherExpensesSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TELEPHONE EXPENSE 1,416 0   1,416
    PARKING FEES 2,028 0   2,028
    OFFICE EXPENSES 1,177 0   1,177
    CLEANING & MAINTENANCE 4,793 0   0
    COMMISSIONS 700 0   0
    INSURANCE 2,503 0   0
    REPAIRS 7,982 0   0
    UTILITIES 10,741 0   0


    TY 2020 OtherIncomeSchedule2
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    OTHER INVESTMENT INCOME 1,084 1,084 1,084


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 76,416 76,416   0


    TY 2020 TaxesSchedule
    Name:
    HARRY F CHADDICK AND ELAINE
     
    CHADDICK FOUNDATION INC
    EIN:
    36-3320988
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 21,264 6,379   14,885
    FEDERAL TAXES 11,397 0   0
    PROPERTY TAX 12,386 0   0