Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0052
2019
Open to Public Inspection
For calendar year 2019, or tax year beginning 11-01-2019 , and ending 10-31-2020
Name of foundation
FRANKEL JULIUS N FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)111 WEST MONROE STREET TAX DIV 12W
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

36-6765844
B Telephone number (see instructions)

(312) 461-5154
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$76,297,638
J 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... 1,439,629 1,437,129  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -735,311
b Gross sales price for all assets on line 6a 34,040,631
7 Capital gain net income (from Part IV, line 2)... 0
8 Net short-term capital gain......... 0
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).......      
12 Total. Add lines 1 through 11........ 704,318 1,437,129  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 616,689 308,345   308,345
14 Other employee salaries and wages......   0 0 0
15 Pension plans, employee benefits.......   0 0  
16a Legal fees (attach schedule).........       0
b Accounting fees (attach schedule)....... 2,050 1,025 0 1,025
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... 33,873 33,873   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy..............        
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... 1,973     1,973
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 654,585 343,243 0 311,343
25 Contributions, gifts, grants paid....... 3,305,000 3,305,000
26 Total expenses and disbursements. Add lines 24 and 25 3,959,585 343,243 0 3,616,343
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -3,255,267
b Net investment income (if negative, enter -0-) 1,093,886
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2019)
Form 990-PF (2019)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 618,859 789,921 789,921
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 397,487    
b Investments—corporate stock (attach schedule)....... 51,966,565 48,895,985 63,278,727
c Investments—corporate bonds (attach schedule)....... 10,607,168 11,685,686 12,228,990
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,024,920   0
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) 428    
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 64,615,427 61,371,592 76,297,638
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...........    
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........ 64,615,427 61,371,592
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)..... 64,615,427 61,371,592
30 Total liabilities and net assets/fund balances (see instructions). 64,615,427 61,371,592
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
64,615,427
2
Enter amount from Part I, line 27a .....................
2
-3,255,267
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
11,432
4
Add lines 1, 2, and 3 ..........................
4
61,371,592
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
61,371,592
Form 990-PF (2019)
Form 990-PF (2019)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)
(b)
How acquired
P—Purchase
D—Donation
(c)
Date acquired
(mo., day, yr.)
(d)
Date sold
(mo., day, yr.)
1 a 3695. CATERPILLAR INC COMMON STOCK   2019-04-23 2019-12-03
b 2205. CHEVRON TEXACO INC COMMON STOCK   2018-02-20 2019-12-03
c 5785. COMCAST CORP-CLASS A   2013-07-18 2019-12-03
d 690. EXELON CORPORATION COMMON STOCK   2019-10-30 2019-12-03
e 4985. EXELON CORPORATION COMMON STOCK   2018-11-20 2019-12-03
3620. INTEL CORPORATION COMMON STOCK   2018-06-26 2019-12-03
1255. LAUDER ESTEE COMPANIES INC CLASS A COMMON STOCK   2019-10-30 2019-12-03
6115. PFIZER INC COMMON STOCK   2018-02-23 2019-12-03
100000. BLACKROCK INC 5% 10 DEC 2019   2010-11-08 2019-12-10
75000. NORDSTROM INC 4% 15 OCT 2021   2013-07-15 2019-12-10
32985. CABOT OIL & GAS CORPORATION CLASS A COMMON STOCK   2019-12-03 2019-12-11
1860. KOHLS CORP COMMON STOCK   2019-06-10 2019-12-11
4140. KOHLS CORP COMMON STOCK   2018-10-19 2019-12-11
585. NETAPP INC   2019-06-10 2019-12-11
6850. NETAPP INC   2018-09-21 2019-12-11
100000. MEDCO HEALTH SOLUTIONS 4.125% 15 SEP 2020   2016-08-23 2019-12-20
5965. APPLIED MATERIALS INC COMMON STOCK   2019-02-26 2020-01-17
60. AUTOZONE INC COMMON STOCK   2018-10-19 2020-01-17
215. AUTOZONE INC COMMON STOCK   2019-10-30 2020-01-17
3930. CADENCE DESIGN SYSTEM INC COMMON STOCK   2019-06-10 2020-01-17
5145. CADENCE DESIGN SYSTEM INC COMMON STOCK   2018-11-20 2020-01-17
7740. CHEVRON TEXACO INC COMMON STOCK   2017-05-18 2020-01-17
12760. COMCAST CORP-CLASS A   2013-07-18 2020-01-17
9795. EXELON CORPORATION COMMON STOCK   2018-11-20 2020-01-17
880. KROGER COMPANY   2019-06-10 2020-01-17
8935. KROGER COMPANY   2018-09-21 2020-01-17
2410. LILLY ELI & COMPANY COMMON STOCK   2017-09-22 2020-01-17
180. LILLY ELI & COMPANY COMMON STOCK   2019-10-30 2020-01-17
5635. OSHKOSH TRUCK CORPORATION COMMON STOCK CLASS B   2018-12-20 2020-01-17
1210. ZEBRA TECHNOLOGIES CORP COMMON STOCK CL A   2019-01-25 2020-01-17
3220. CAPITAL ONE FINANCIAL CORP COMMON STOCK   2018-03-22 2020-03-19
200. CATERPILLAR INC COMMON STOCK   2019-06-10 2020-03-19
2335. CATERPILLAR INC COMMON STOCK   2019-01-25 2020-03-19
6805. INTEL CORPORATION COMMON STOCK   2018-06-26 2020-03-19
6490. MARATHON PETROLEUM CORP COM   2018-03-22 2020-03-19
9180. NRG ENERGY INC   2020-01-17 2020-03-19
9755. RAYMOND JAMES FINANCIAL INC COMMON STOCK   2019-04-23 2020-03-19
2115. REINSURANCE GROUP OF AMERICA   2019-09-20 2020-03-19
100000. AMGEN INC 3.45% 01 OCT 2020   2010-11-03 2020-03-23
100000. PHILIP MORRIS INTL INC 4.5% 26 MAR 2020   2010-11-02 2020-03-26
5155. CADENCE DESIGN SYSTEM INC COMMON STOCK   2018-11-20 2020-04-22
520. CONOCOPHILLIPS   2019-06-10 2020-04-22
15865. CONOCOPHILLIPS   2018-07-19 2020-04-22
4325. DOLLAR GENERAL CORP   2018-11-20 2020-04-22
5785. HILL-ROM HOLDINGS INC   2017-02-21 2020-04-22
320. HILL-ROM HOLDINGS INC   2019-10-30 2020-04-22
1310. LILLY ELI & COMPANY COMMON STOCK   2017-09-22 2020-04-22
11560. PFIZER INC COMMON STOCK   2018-03-22 2020-04-22
390. POST HOLDINGS INC   2019-06-10 2020-04-22
9170. POST HOLDINGS INC   2019-03-21 2020-04-22
2430. UNITED RENTALS INC COMMON STOCK   2019-06-27 2020-04-22
870. WAL-MART STORES INC   2019-10-30 2020-04-22
1735. WAL-MART STORES INC   2017-06-22 2020-04-22
216133.292 WESTWOOD EMERGING MKTS-INST   2017-07-25 2020-05-21
113551.694 ACADIAN EMG MRKTS PORT-Y   2017-07-25 2020-05-21
117118.094 OAKMARK INTERNATIONAL-INST   2018-12-13 2020-05-21
635.255 JH III DISC MID CAP VAL-I   2019-12-13 2020-05-21
40650.065 JH III DISC MID CAP VAL-I   2018-12-14 2020-05-21
13714. COMCAST CORP-CLASS A   2013-07-18 2020-05-26
11955. DISCOVERY INC - A   2019-05-22 2020-05-26
780. DISCOVERY INC - A   2019-10-30 2020-05-26
6200. HOLOGIC INC COMMON STOCK   2019-12-03 2020-05-26
15130. NATIONAL INSTRUMENTS CORPORATION COMMON STOCK   2020-01-17 2020-05-26
15335. NISOURCE INC COMMON STOCK   2020-03-19 2020-05-26
13295. AT&T INC   2020-03-19 2020-06-18
10930. BANK AMERICA CORP COMMON STOCK   2019-03-21 2020-06-18
3930. CURTISS-WRIGHT CORPORATION COMMON STOCK   2020-04-22 2020-06-18
5825. MAXIM INTEGRATED PRODUCTS INC COMMON STOCK   2020-01-17 2020-06-18
550. AKAMAI TECHNOLOGIES INC COMMON STOCK   2019-09-20 2020-06-22
270. ALEXION PHARMACEUTICALS INC COM   2020-01-17 2020-06-22
390. ALLSTATE CORP   2019-12-03 2020-06-22
50. AMAZON COM INC COMMON STOCK   2019-09-20 2020-06-22
160. AMERICAN EXPRESS COMPANY   2019-10-30 2020-06-22
830. BAXTER INTERNATIONAL INC   2019-09-20 2020-06-22
640. CITIGROUP INC   2016-01-21 2020-06-22
190. DISCOVER FINANCIAL SERVICES   2013-07-18 2020-06-22
80. ESSEX PROPERTY TRUST INC COMMON STOCK   2019-10-30 2020-06-22
320. EXPEDIA GROUP INC   2019-07-18 2020-06-22
500. FACEBOOK INC-CLASS A   2019-12-03 2020-06-22
210. FORTINET INC   2018-01-05 2020-06-22
70. GRAINGER W W INC COMMON STOCK   2019-10-30 2020-06-22
20. GRAINGER W W INC COMMON STOCK   2018-05-17 2020-06-22
240. HERSHEY FOODS CORPORATION COMMON STOCK   2019-10-30 2020-06-22
1070. HOLOGIC INC COMMON STOCK   2019-09-20 2020-06-22
320. HUBBELL INC   2019-12-03 2020-06-22
110. LAUDER ESTEE COMPANIES INC CLASS A COMMON STOCK   2019-06-27 2020-06-22
240. LOWES COS INC - UN   2019-10-30 2020-06-22
960. LOWES COS INC - UN   2016-09-23 2020-06-22
1570. MERCK & CO. INC.   2019-04-07 2020-06-22
130. MERCK & CO. INC.   2019-10-30 2020-06-22
1440. MICROSOFT CORP   2020-06-18 2020-06-22
320. MORGAN STANLEY GROUP INC DEAN   2019-02-26 2020-06-22
280. NIKE INC CLASS B COMMON STOCK   2019-10-30 2020-06-22
200. NIKE INC CLASS B COMMON STOCK   2018-10-19 2020-06-22
1740. ORACLE CORPORATION COMMON STOCK   2019-07-18 2020-06-22
260. PROCTER AND GAMBLE COMPANY   2019-10-30 2020-06-22
160. TAKE-TWO INTERACTIVE SOFTWRE   2020-01-17 2020-06-22
310. TARGET CORP COMMON STOCK   2020-01-17 2020-06-22
330. TEXAS INSTRUMENTS INC COMMON STOCK   2020-06-18 2020-06-22
1110. TRAVELERS COS INC/THE   2019-10-30 2020-06-22
45745.654 VANGUARD FIXED INCOME SECS FD SHORT TERM CORP FD ADMIRAL SHS   2017-07-25 2020-06-22
100. VISA INC-CLASS A SHARES   2018-11-20 2020-06-22
480. VISA INC-CLASS A SHARES   2019-10-30 2020-06-22
250. WILLIAMS-SONOMA INC   2020-04-22 2020-06-22
5395. AGCO CORPORATION COMMON STOCK   2019-06-10 2020-07-16
3315. AGCO CORPORATION COMMON STOCK   2019-07-18 2020-07-16
160. ESSEX PROPERTY TRUST INC COMMON STOCK   2019-10-30 2020-07-16
3115. ESSEX PROPERTY TRUST INC COMMON STOCK   2017-03-17 2020-07-16
2460. EXPEDIA GROUP INC   2019-07-18 2020-07-16
2550. EXPEDIA GROUP INC   2018-12-20 2020-07-16
100000. CHARLES SCHWAB CORP 4.45% 22 JUL 2020   2012-02-16 2020-07-22
200000. OCCIDENTAL PETROLEUM COR3.125%15 FEB 2022   2013-10-18 2020-07-27
100000. EBAY INC 2.6% 15 JUL 2022   2013-01-25 2020-09-10
16330. BAKER HUGHES CO   2020-06-22 2020-09-17
7975. DENTSPLY SIRONA INC   2020-06-22 2020-09-17
6535. VISA INC-CLASS A SHARES   2018-11-20 2020-09-17
100000. BP CAP MARKETS AMERICA 4.5% 01 OCT 2020   2018-12-17 2020-10-01
15705. ORACLE CORPORATION COMMON STOCK   2019-07-18 2020-10-22
320. SOUTHWEST AIRLINES COMPANY COMMON STOCK   2020-06-22 2020-10-22
16811. SOUTHWEST AIRLINES COMPANY COMMON STOCK   2018-03-22 2020-10-22
6735. SYSCO CORPORATION   2018-04-19 2020-10-22
3515. SYSCO CORPORATION   2020-06-22 2020-10-22
7900. TYSON FOODS INC CLASS A COMMON STOCK   2020-04-22 2020-10-22
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 517,640   523,145 -5,505
b 255,429   239,944 15,485
c 252,172   128,917 123,255
d 30,395   32,102 -1,707
e 219,593   227,453 -7,860
202,685   179,964 22,721
241,794   231,564 10,230
232,253   220,578 11,675
100,000   110,762 -10,762
76,649   79,724 -3,075
527,512   698,092 -170,580
88,667   92,040 -3,373
197,356   298,461 -101,105
35,319   36,800 -1,481
413,560   593,400 -179,840
101,695   101,061 634
374,013   237,198 136,815
68,887   41,666 27,221
246,844   229,257 17,587
288,371   251,236 37,135
377,524   221,581 155,943
896,329   816,842 79,487
604,638   284,353 320,285
461,604   434,533 27,071
24,844   21,522 3,322
252,252   267,540 -15,288
338,237   200,733 137,504
25,263   20,339 4,924
517,231   343,506 173,725
304,024   213,898 90,126
149,759   310,669 -160,910
19,734   25,343 -5,609
230,390   317,362 -86,972
320,719   338,302 -17,583
110,198   478,334 -368,136
218,456   351,906 -133,450
656,764   859,133 -202,369
147,455   336,003 -188,548
100,905   101,186 -281
100,000   109,695 -9,695
411,385   222,011 189,374
18,165   30,871 -12,706
554,220   900,217 -345,997
782,860   434,892 347,968
643,218   375,886 267,332
35,580   33,085 2,495
204,440   109,112 95,328
419,677   416,755 2,922
35,577   41,241 -5,664
836,523   995,738 -159,215
242,486   316,666 -74,180
113,847   102,603 11,244
227,039   131,451 95,588
1,681,517   1,998,357 -316,840
1,911,075   2,155,000 -243,925
1,973,440   3,114,806 -1,141,366
11,187   13,912 -2,725
715,848   699,317 16,531
543,268   305,612 237,656
252,783   332,110 -79,327
16,493   21,017 -4,524
322,838   315,793 7,045
586,399   697,166 -110,767
360,185   364,932 -4,747
401,351   408,800 -7,449
274,398   310,193 -35,795
366,596   361,951 4,645
351,764   357,339 -5,575
55,776   49,390 6,386
32,092   30,879 1,213
38,369   42,711 -4,342
134,359   89,768 44,591
16,023   18,847 -2,824
69,876   73,223 -3,347
33,369   25,955 7,414
10,306   9,619 687
18,773   26,062 -7,289
26,057   43,408 -17,351
119,499   98,967 20,532
30,000   9,285 20,715
21,075   21,747 -672
6,021   6,161 -140
31,375   35,042 -3,667
58,733   53,633 5,100
39,860   46,483 -6,623
21,209   20,195 1,014
32,076   26,576 5,500
128,304   69,983 58,321
121,722   133,821 -12,099
10,079   11,207 -1,128
284,942   280,887 4,055
15,161   13,547 1,614
27,121   25,215 1,906
19,372   15,011 4,361
94,816   100,794 -5,978
30,878   32,462 -1,584
22,539   20,647 1,892
37,057   36,125 932
41,205   41,535 -330
128,675   144,059 -15,384
500,000   490,618 9,382
19,495   13,372 6,123
93,576   85,777 7,799
21,539   13,083 8,456
331,702   391,228 -59,526
203,817   249,769 -45,952
35,858   52,123 -16,265
698,117   714,908 -16,791
216,038   333,701 -117,663
223,941   291,452 -67,511
100,000   110,689 -10,689
197,000   196,140 860
103,301   99,541 3,760
247,167   376,426 -129,259
379,270   282,528 96,742
1,333,056   823,497 509,559
100,000   100,000  
934,714   903,804 30,910
13,249   10,988 2,261
696,019   359,882 336,137
433,874   413,116 20,758
226,439   272,027 -45,588
467,058   473,317 -6,259
      188,614
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       -5,505
b       15,485
c       123,255
d       -1,707
e       -7,860
      22,721
      10,230
      11,675
      -10,762
      -3,075
      -170,580
      -3,373
      -101,105
      -1,481
      -179,840
      634
      136,815
      27,221
      17,587
      37,135
      155,943
      79,487
      320,285
      27,071
      3,322
      -15,288
      137,504
      4,924
      173,725
      90,126
      -160,910
      -5,609
      -86,972
      -17,583
      -368,136
      -133,450
      -202,369
      -188,548
      -281
      -9,695
      189,374
      -12,706
      -345,997
      347,968
      267,332
      2,495
      95,328
      2,922
      -5,664
      -159,215
      -74,180
      11,244
      95,588
      -316,840
      -243,925
      -1,141,366
      -2,725
      16,531
      237,656
      -79,327
      -4,524
      7,045
      -110,767
      -4,747
      -7,449
      -35,795
      4,645
      -5,575
      6,386
      1,213
      -4,342
      44,591
      -2,824
      -3,347
      7,414
      687
      -7,289
      -17,351
      20,532
      20,715
      -672
      -140
      -3,667
      5,100
      -6,623
      1,014
      5,500
      58,321
      -12,099
      -1,128
      4,055
      1,614
      1,906
      4,361
      -5,978
      -1,584
      1,892
      932
      -330
      -15,384
      9,382
      6,123
      7,799
      8,456
      -59,526
      -45,952
      -16,265
      -16,791
      -117,663
      -67,511
      -10,689
      860
      3,760
      -129,259
      96,742
      509,559
       
      30,910
      2,261
      336,137
      20,758
      -45,588
      -6,259
       
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 -735,311
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ...................
Bracket 3  
Part V
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)

If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2018 3,566,361 71,634,549 0.049785
2017 3,523,977 74,499,743 0.047302
2016 3,268,253 69,776,053 0.046839
2015 3,183,523 63,145,376 0.050416
2014 2,939,624 67,196,142 0.043747
2
Total of line 1, column (d) .....................
2
0.238089
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5.0, or by the number of years the foundation has been in existence if less than 5 years ......
3
0.047618
4
Enter the net value of noncharitable-use assets for 2019 from Part X, line 5......
4
72,673,616
5
Multiply line 4 by line 3......................
5
3,460,572
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
10,939
7
Add lines 5 and 6........................
7
3,471,511
8
Enter qualifying distributions from Part XII, line 4,.............
8
3,616,343
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2019)
Form 990-PF (2019)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket includes lines 1a and 1b
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b Domestic foundations that meet the section 4940(e) requirements in Part V, check 1 10,939
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 10,939
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 10,939
6 Credits/Payments:
a 2019 estimated tax payments and 2018 overpayment credited to 2019 6a 43,446
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 43,446
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 32,507
11 Enter the amount of line 10 to be: Credited to 2020 estimated taxBullet0 RefundedBullet 11 32,507
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? (see Instructions
for definition).................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
  • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    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 2019 or the taxable year beginning in 2019? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullet  
    14
    The books are in care ofbulletTED PLIS Telephone no.bullet (312) 461-7551

    Located atbullet111 WEST MONROE STREET TAX DIV 12WCHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2019, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2019?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2019, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2019?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2019 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2019.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2019?
    4b
     
    No
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........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
    BMO HARRIS BANK N A TRUSTEE
    0
    616,689    
    111 W MONROE STTAX DIVISION 12W
    CHICAGO,IL60603
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position
    (c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation
    (e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    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.........................bullet  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    72,579,637
    b
    Average of monthly cash balances.......................
    1b
    1,200,684
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    73,780,321
    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
    73,780,321
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,106,705
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    72,673,616
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,633,681
    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
    3,633,681
    2a
    Tax on investment income for 2019 from Part VI, line 5......
    2a
    10,939
    b
    Income tax for 2019. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    10,939
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,622,742
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,622,742
    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
    3,622,742
    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
    3,616,343
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,616,343
    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
    10,939
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,605,404
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2018
    (c)
    2018
    (d)
    2019
    1 Distributable amount for 2019 from Part XI, line 7 3,622,742
    2 Undistributed income, if any, as of the end of 2019:
    a Enter amount for 2018 only....... 2,847,711
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2019:
    a From 2014...... 0
    b From 2015...... 0
    c From 2016...... 0
    d From 2017...... 0
    e From 2018...... 0
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2019 from Part
    XII, line 4: bullet$ 3,616,343
    a Applied to 2018, but not more than line 2a 2,847,711
    b Applied to undistributed income of prior years
    (Election required—see instructions).....
    0
    c Treated as distributions out of corpus (Election
    required—see instructions)........
    0
    d Applied to 2019 distributable amount..... 768,632
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2019. 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 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........
    0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......
    0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........
    0
    e Undistributed income for 2018. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2019. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2020 ..........
    2,854,110
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......
    0
    8 Excess distributions carryover from 2014 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2020.
    Subtract lines 7 and 8 from line 6a ......
    0
    10 Analysis of line 9:
    a Excess from 2015.... 0
    b Excess from 2016.... 0
    c Excess from 2017.... 0
    d Excess from 2018.... 0
    e Excess from 2019.... 0
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2019, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2019 (b) 2018 (c) 2017 (d) 2016
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....
             
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........
             
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....
             
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)
             
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...
             
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....
             
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....
             
    (3) Largest amount of support
    from an exempt organization
             
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    THE FRANKEL FOUNDATION CO BMO HARR
    111 W MONROE STREET TAX DIVISION
    CHICAGO,IL60603
    (312) 461-5154
    bThe form in which applications should be submitted and information and materials they should include:
    THE FRANKEL FOUNDATION GIVES GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS. CO-TRUSTEES REVIEW WRITTEN GRANT PROPOSALS ON A REGULAR BASIS, AND MEET TO DISCUSS GRANT REQUESTS AT LEAST FIVE TIMES PER YEAR
    cAny submission deadlines:
    PROPOSALS MAY BE SUBMITTED AT ANY TIME IN WRITING TO THE FRANKEL FOUNDATION ADMINISTRATOR.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    CHARITABLE ORGANIZATIONS WHICH BENEFIT MEDICAL RESEARCH, UNDERPRIVILEGED PERSONS, AND CULTURAL APPRECIATION
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    Foundation
    status of
    recipient
    Purpose of grant or
    contribution
    Amount
    Name and address (home or business)
    aPaid during the year
    CHICAGO OPERA THEATER
    70 E LAKE STREET STE 540
    CHICAGO,IL60601
    NONE PC GENERAL OPERATING PURPOSES 50,000
    COURT THEATRE
    5535 S ELLIS AVE
    CHICAGO,IL60637
    NONE PC GENERAL OPERATING PURPOSES 35,000
    WTTW CHANNEL 11
    5400 N ST LOUIS AVE
    CHICAGO,IL60625
    NONE PC GENERAL OPERATING PURPOSES 80,000
    RAVINIA FESTIVAL
    400 IRIS LANE
    HIGHLAND PARK,IL60035
    NONE PC GENERAL OPERATING PURPOSES 50,000
    CHICAGO SYMPHONY ORCHESTRA
    220 S MICHIGAN AVENUE
    CHICAGO,IL60604
    NONE PC GENERAL OPERATING PURPOSES 175,000
    CHICAGO YOUTH CENTERS
    104 S MICHIGAN AVENUE
    CHICAGO,IL60603
    NONE PC GENERAL OPERATING PURPOSES 30,000
    LAWRENCE HALL YOUTH SERVICES
    4833 N FRANCISCO AVENUE
    CHICAGO,IL606253698
    NONE PC GENERAL OPERATING PURPOSES 65,000
    METROPOLITAN FAMILY SERVICES
    14 EAST JACKSON BLVD
    CHICAGO,IL60604
    NONE PC GENERAL OPERATING PURPOSES 60,000
    DEBORAH'S PLACE
    2822 WEST JACKSON
    CHICAGO,IL60612
    NONE PC GENERAL OPERATING PURPOSES 40,000
    MUSEUM OF CONTEMPORARY ART
    220 E CHICAGO AVE
    CHICAGO,IL606112604
    NONE PC GENERAL OPERATING PURPOSES 30,000
    GLENWOOD ACADEMY
    500 WEST 187TH STREET
    GLENWOOD,IL60425
    NONE PC GENERAL OPERATING PURPOSES 40,000
    CHICAGO LIGHTHOUSE
    1850 W ROOSEVELT RD
    CHICAGO,IL606081298
    NONE PC GENERAL OPERATING PURPOSES 190,000
    HUBBARD STREET DANCE CHICAGO
    1147 W JACKSON BLVD
    CHICAGO,IL60607
    NONE PC GENERAL OPERATING PURPOSES 40,000
    LYRIC OPERA OF CHICAGO
    20 N WACKER DRIVE
    CHICAGO,IL60606
    NONE PC GENERAL OPERATING PURPOSES 350,000
    MUSIC OF THE BAROQUE
    100 N LASALLE ST STE 1610
    CHICAGO,IL60602
    NONE PC GENERAL OPERATING PURPOSES 60,000
    THE GOODMAN THEATER
    200 S COLUMBUS DRIVE
    CHICAGO,IL606036402
    NONE PC GENERAL OPERATING PURPOSES 80,000
    CHICAGO ARCHITECTURE FOUNDATION
    224 S MICHIGAN AVENUE
    CHICAGO,IL60604
    NONE PC GENERAL OPERATING PURPOSES 10,000
    GRANT PARK MUSIC FESTIVAL
    205 EAST RANDOLPH DRIVE
    CHICAGO,IL60601
    NONE PC GENERAL OPERATING PURPOSES 75,000
    STEPPENWOLF THEATRE COMPANY
    1650 N HALSTED STREET
    CHICAGO,IL60614
    NONE PC GENERAL OPERATING PURPOSES 90,000
    THE NIGHT MINISTRY
    4711 NORTH RAVENSWOOD AVE
    CHICAGO,IL60640
    NONE PC GENERAL OPERATING PURPOSES 60,000
    MERCY HOME FOR BOYS AND GIRLS
    1140 W JACKSON BLVD
    CHICAGO,IL60607
    NONE PC GENERAL OPERATING PURPOSES 50,000
    THRESHOLDS
    4101 N RAVENSWOOD AVE
    CHICAGO,IL60613
    NONE PC GENERAL OPERATING PURPOSES 70,000
    CHICAGO YOUTH SYMPHONY ORCHESTRA
    410 S MICHIGAN AVENUE ROOM 833
    CHICAGO,IL60605
    NONE PC GENERAL OPERATING PURPOSES 30,000
    THE JOFFREY BALLET OF CHICAGO
    70 E LAKE STREET STE 1300
    CHICAGO,IL60601
    NONE PC GENERAL OPERATING PURPOSES 100,000
    LITTLE BROTHERS FRIENDS OF THE
    ELDERLY
    355 N ASHLAND AVE
    CHICAGO,IL606071019
    NONE PC GENERAL OPERATING PURPOSES 50,000
    HOME
    5414B W ROOSEVELT RD
    CHICAGO,IL60644
    NONE PC GENERAL OPERATING PURPOSES 35,000
    INFANT WELFARE SOCIETY OF CHICAGO
    1931 N HALSTED ST
    CHICAGO,IL60614
    NONE PC GENERAL OPERATING PURPOSES 15,000
    NORTHWESTERN MEMORIAL
    FOUNDATION
    541 N FAIRBANKS CT 800
    CHICAGO,IL60611
    NONE PC GENERAL OPERATING PURPOSES 200,000
    MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DRIVE
    CHICAGO,IL60637
    NONE PC GENERAL OPERATING PURPOSES 40,000
    CHICAGO HOUSE AND SOCIAL SERVICE
    AGENCY
    1925 N CLYBOURN AVE STE 401
    CHICAGO,IL60614
    NONE PC GENERAL OPERATING PURPOSES 50,000
    LEARNING ALLY
    180 N MICHIGAN SUITE 620
    CHICAGO,IL60601
    NONE PC GENERAL OPERATING PURPOSES 35,000
    LA RABIDA CHILDREN'S HOSPITAL
    6501 S PROMONTORY DR
    CHICAGO,IL60649
    NONE PC GENERAL OPERATING PURPOSES 100,000
    LINCOLN PARK ZOO
    2001 NORTH CLARK STREET
    CHICAGO,IL60614
    NONE PC GENERAL OPERATING PURPOSES 25,000
    ALZHEIMER'S ASSOCIATION
    225 N MICHIGAN AVENUE SUITE 1700
    CHICAGO,IL60601
    NONE PC GENERAL OPERATING PURPOSES 100,000
    FRANCISCAN OUTREACH
    1645 W LEMOYNE ST
    CHICAGO,IL60622
    NONE PC GENERAL OPERATING PURPOSES 15,000
    NEWBERRY LIBRARY
    60 W WALTON ST
    CHICAGO,IL60610
    NONE PC GENERAL OPERATING PURPOSES 20,000
    SHIRLEY RYAN ABILITY LAB
    355 E ERIE ST
    CHICAGO,IL60611
    NONE PC GENERAL OPERATING PURPOSES 250,000
    CASA CENTRAL
    1343 N CALIFORNIA AVE
    CHICAGO,IL60622
    NONE PC GENERAL OPERATING PURPOSES 35,000
    ANN & ROBERT LURIE CHILDREN'S HOSPITAL
    OF CHICAGO
    225 E CHICAGO AVE 282
    CHICAGO,IL60611
    NONE PC GENERAL OPERATING PURPOSES 135,000
    LITTLE SISTERS OF THE POOR
    2325 N LAKEWOOD AVE
    CHICAGO,IL60614
    NONE PC GENERAL OPERATING PURPOSES 55,000
    CHICAGO ZOOLOGICAL SOCIETY - BROOKFIELD
    ZOO
    3300 S GOLF RD
    BROOKFIELD,IL60513
    NONE PC GENERAL OPERATING PURPOSES 25,000
    NORTHEASTERN UNIVERSITY
    5500 N ST LOUIS AVE
    Chicago,IL60625
    NONE PC GENERAL OPERATING PURPOSES 50,000
    CHICAGO SHAKESPEARE THEATER
    800 E GRAND AVE
    Chicago,IL60611
    NONE PC GENERAL OPERATING PURPOSES 100,000
    NATIONAL MUSEUM OF MEXICAN ART
    1852 W 19TH ST
    Chicago,IL60608
    NONE PC GENERAL OPERATING PURPOSES 15,000
    JOHN G SHEDD AQUARIUM
    1200 S LAKE SHORE DRIVE
    CHICAGO,IL60605
    NONE PC GENERAL OPERATING PURPOSES 30,000
    BLACK ENSEMBLE THEATER
    4450 N CLARK ST
    CHICAGO,IL60640
    NONE PC GENERAL OPERATING PURPOSES 15,000
    FIELD MUSEUM
    1400 S LAKE SHORE DR
    CHICAGO,IL60605
    NONE PC GENERAL OPERATING PURPOSES 50,000
    Total .................................bullet 3a 3,305,000
    bApproved for future payment
    Total .................................bullet 3b  
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code
    (b)
    Amount
    (c)
    Exclusion code
    (d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........
             
    4 Dividends and interest from securities....     14 1,439,629  
    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 -735,311  
    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)..   704,318  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    704,318
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-B
    Relationship of Activities to the Accomplishment of Exempt Purposes
    Line No.
    DownArrow
    Explain below how each activity for which income is reported in column (e) of Part XVI-A contributed importantly to
    the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
    instructions.)
    Form 990-PF (2019)
    Form 990-PF (2019)
    Page 13
    Part XVII
    Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
    1
    Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
    Yes
    No
    a
    Transfers from the reporting foundation to a noncharitable exempt organization of:
    (1) Cash...................................
    1a(1)
     
    No
    (2) Other assets.................................
    1a(2)
     
    No
    b
    Other transactions:
    (1) Sales of assets to a noncharitable exempt organization....................
    1b(1)
     
    No
    (2) Purchases of assets from a noncharitable exempt organization..................
    1b(2)
     
    No
    (3) Rental of facilities, equipment, or other assets.......................
    1b(3)
     
    No
    (4) Reimbursement arrangements...........................
    1b(4)
     
    No
    (5) Loans or loan guarantees.............................
    1b(5)
     
    No
    (6) Performance of services or membership or fundraising solicitations................
    1b(6)
     
    No
    c
    Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
    1c
     
    No
    d
    If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
    of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
    in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.

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

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


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


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