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 01-01-2020 , and ending 12-31-2020
Name of foundation
Westlake Health Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)18 W 140 Butterfield Road No 160
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Oakbrook Terrace, IL60181
A Employer identification number

36-3104071
B Telephone number (see instructions)

(630) 495-3800
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$149,381,463J 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 85 85  
4 Dividends and interest from securities... 1,192,010 1,192,010  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 6,830,999
b Gross sales price for all assets on line 6a 37,253,738
7 Capital gain net income (from Part IV, line 2)... 6,820,199
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).......      
12 Total. Add lines 1 through 11........ 8,023,094 8,012,294  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 441,177 44,118   397,059
14 Other employee salaries and wages...... 146,310 14,631   131,679
15 Pension plans, employee benefits....... 55,857 5,586   50,271
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 14,525 11,620   2,905
c Other professional fees (attach schedule).... Click to see attachment 756,385 754,414   1,971
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 171,726 3,407   30,662
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 85,798 8,580   77,218
21 Travel, conferences, and meetings....... 15,321 1,532   13,789
22 Printing and publications.......... 705 71   634
23 Other expenses (attach schedule)....... Click to see attachment 12,401 1,241   11,160
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,700,205 845,200   717,348
25 Contributions, gifts, grants paid....... 5,163,100 5,424,831
26 Total expenses and disbursements. Add lines 24 and 25 6,863,305 845,200   6,142,179
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,159,789
b Net investment income (if negative, enter -0-) 7,167,094
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......... 286,139 388,258 388,258
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)....... 69,916,719 Click to see attachment85,230,170 85,230,170
c Investments—corporate bonds (attach schedule)....... 16,736,192 Click to see attachment15,498,363 15,498,363
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 45,771,832 Click to see attachment48,246,797 48,246,797
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment17,875 Click to see attachment17,875 Click to see attachment17,875
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 132,728,757 149,381,463 149,381,463
Liabilities 17 Accounts payable and accrued expenses.......... 87,818 101,206
18 Grants payable................. 2,471,614 2,209,880
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) Click to see attachment610,053 Click to see attachment658,109
23 Total liabilities (add lines 17 through 22)......... 3,169,485 2,969,195
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........... 129,559,272 146,412,268
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 129,559,272 146,412,268
30 Total liabilities and net assets/fund balances (see instructions). 132,728,757 149,381,463
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
129,559,272
2
Enter amount from Part I, line 27a .....................
2
1,159,789
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
15,693,207
4
Add lines 1, 2, and 3 ..........................
4
146,412,268
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
146,412,268
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 See attached list P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 37,242,938   30,422,739 6,820,199
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       6,820,199
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 6,820,199
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 99,623
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 99,623
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 99,623
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 100,491
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 100,491
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 589
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 10 279
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet279 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbullethttp://www.westlakehf.com/
    14
    The books are in care ofbulletDavid R Hey Telephone no.bullet (630) 495-3800

    Located atbullet18 W 140 Butterfield Rd 1660Oakbrook TerraceIL ZIP+4bullet60181
    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
     
     
    ........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
    Leonard Muller Chairman and CEO
    40.00     		304,476 17,791 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    David R Hey President and COO
    40.00     		136,701 20,057 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    Richard Montalbano Director
    2.00     		0 0 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    J Melvin Smith Secretary
    2.00     		0 0 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    Sandra Spilotro Director
    2.00     		0 0 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    Fred Tomera MD Director
    2.00     		0 0 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    Raul Villasuso MD Director
    2.00     		0 0 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    Lucille Cibelli Director
    2.00     		0 0 0
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    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
    Rose Wesolek Assistant to Preside
    40.00     		146,310 11,939 0
    18 W 140 Butterfield Road
    Oakbrook Terrace,IL60181
    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
    Eagle Capital Management Investment counseling 121,184
    499 Park Ave
    New York,NY10022
    Pinnacle Investment counseling 91,994
    PO Box 27780
    New York,NY10087
    Elwood Associates Investment counseling 87,609
    104 S Michigan Ave
    Chicago,IL60603
    Cape Ann Global Markets Investment counseling 63,360
    1 Duke Mews
    London    
    UK
    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
    131,487,072
    b
    Average of monthly cash balances.......................
    1b
    386,875
    c
    Fair market value of all other assets (see instructions)................
    1c
    17,875
    d
    Total (add lines 1a, b, and c).........................
    1d
    131,891,822
    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
    131,891,822
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    1,978,377
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    129,913,445
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    6,495,672
    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
    6,495,672
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    99,623
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    99,623
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,396,049
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    6,396,049
    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
    6,396,049
    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
    6,142,179
    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
    6,142,179
    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
    6,142,179
    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 6,396,049
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 6,140,930
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 0
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 6,142,179
    a Applied to 2019, but not more than line 2a 6,140,930
    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..... 1,249
    e Remaining amount distributed out of corpus 0
    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 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 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 ..........     		6,394,800
    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) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020....  
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Mr Len Muller
    18 W 140 Butterfield Rd 1660
    Oakbrook Terrace,IL60181
    (630) 495-6800
    bThe form in which applications should be submitted and information and materials they should include:
    A request for application should be sent to Westlake Health Foundation and should include a statement of purpose of approximately 50 words or less and proof of 501(c)(3) status by IRS.
    cAny submission deadlines:
    The Foundation receives and approves proposals year round.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Westlake Health Foundation will not consider applications for the following: 1. Incomplete applications or applications without an assigned identification number. 2. Political organizations, campaigns or lobbying activities and/or organizations designed primarily for lobbying and advocacy. 3. Religious organizations for direct religious activities. 4. Endowment campaigns. 5. Fraternal organizations, societies or orders. 6. Benefit fundraisers, raffles, tickets, testimonial or recognition events. 7. Telephone solicitations. 8. Projects that benefit individuals.
    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
    Access Community Health Network
    8321 W North Ave
    Melrose Park,IL60160     		  PC Melrose Park Clinic 25,000
    Age Options
    1048 Lake Street
    Oak Park,IL60301     		  PC Caring Together, Livung Better Program 50,000
    Alzheimer's Association
    225 N Michigan ave
    Chicago,IL60601     		  PC Education and Awareness 40,000
    Aspire of Illinois
    1815 S Wolf rd
    Hinsdale,IL60162     		  PC Community Home Renovation Project 350,000
    BEDS Plus Inc
    9601 W Ogden Ave
    LaGrange,IL60525     		  PC Permanent Supportive Housing Program 35,000
    Candor Health Education
    15 Spinning Wheel Rd Ste 410
    Hinsdale,IL60521     		  PC Health Education for Proviso Township 40,000
    Catholic Charities
    721 N LaSalle st
    Chicago,IL60654     		  PC Maywood Adolescent Parenting Project 30,000
    Chicago Methodist Senior Services
    1415 W Foster Ave
    Chicago,IL60640     		  PC Senior Center 50,000
    Chicago Methodist Senior Services
    1415 W Foster Ave
    Chicago,IL60640     		  PC SAGE LGBT Older Adults Program 50,000
    Children's Clinic
    320 Lake St
    Oak Park,IL60302     		  PC General Operating Support 50,000
    Children's Clinic
    320 Lake St
    Oak Park,IL60302     		  PC New Clinic Build Out at 28 Madison Street in Oak Park 50,000
    Community Support Services
    9021 Ogden Ave
    Brookfield,IL60513     		  PC CSS Academy 40,000
    Community Support Services
    9021 Ogden Ave
    Brookfield,IL60513     		  PC Respite Array Program 40,000
    Dominican Literacy Center
    2436 N Ridgeway
    Chicago,IL60647     		  PC General Operating Support 20,000
    Dominican University
    7900 Division
    River Forest,IL60305     		  PC Health education: At the Nexus of Culture and Technology 742,000
    Dominican University
    7900 Division
    River Forest,IL60305     		  PC Physician Assistant Studies Program 190,000
    Dominican University
    7900 Division
    River Forest,IL60305     		  PC Student Scholarships 100,000
    Exponent Philanthropy
    1720 N ST nw
    Washington DC,DC20036     		  PC Annual Contribution-General Operations 1,800
    Girl Scouts - Greater Chgo & NW Indiana
    20 S Clark St
    Chicago,IL60603     		  PC Healthy Living Inititative 50,000
    Grantmakers in Aging
    2001 Richmond Highway
    Arlington,VA22200     		  PC Fund the Future 5,000
    Helping Hand Center
    9649 W 55th Street
    Countryside,IL60525     		  PC Expanding Access for Low Income Children 50,000
    Hephzibah Children's Association
    946 North Blvd
    Oak Park,IL60301     		  PC Therapeutic Care and Services for Traumatized Children 25,000
    Housing Forward
    1851 S 9th ave
    Maywood,IL60153     		  PC Health & Wellness Center 25,000
    Illinois Partnership For Human Service
    310 S Peoria
    Chicago,IL60607     		  PC Community Well-Being Program 25,000
    Institute for Positive Mental Health
    1010 Lake St Suite 200
    Oak Park,IL60301     		  PC General Operating Support 25,000
    Institute for Positive Mental Health
    1010 Lake St Suite 200
    Oak Park,IL60301     		  PC Excel Program - I Positive 10,000
    Lewis University
    One University Parkway
    Romeoville,IL60441     		  PC Westlake Nursing Scholarship Program 50,000
    Loyola University of Chicago-MNSON
    820 N Michigan Ave
    Chicago,IL60611     		  PC Westlake Nursing Scholarship Program 100,000
    Maywood Fine Arts Association
    25 N 5th Ave
    Maywood,IL60153     		  PC Fit and Fun Program 65,000
    Maywood Fine Arts Association
    25 N 5th Ave
    Maywood,IL60153     		  PC Scholarship Program 35,000
    Meals on Wheels Foundation of Northern Illinois
    7222 W Cermak Rd
    North Riverside,IL60546     		  PC Community Caf and Home Delivered Meals on Wheels 25,000
    NAMI Metro Suburban
    PO Box 977
    Oak Park,IL60301     		  PC Drop-In center - Oak Park 125,000
    National Kidney Foundation of Illinois
    215 W Illinois St 1c
    Chicago,IL60654     		  PC Living with Kidney Disease and Transplantation Program 14,000
    New Moms Inc
    5317 w Chicago ave
    Chicago,IL60607     		  PC Family Support Program 25,000
    Opportunity Knocks
    8020 Madison Street
    River Forest,IL60305     		  PC Warrior Wellness Program 15,000
    Our Lady of Mt Carmel
    110 N 3rd Ave
    Melrose Park,IL60160     		  PC Community Services Program 53,320
    PCC Community Wellness Center
    14 W Lake St
    Oak Park,IL60302     		  PC Melrose Park Family Health Center Program 150,000
    Pillars Community Services
    23 Calendar Avenue
    LaGrange,IL60525     		  PC Services for Low Income members and Covid - 19 support 125,000
    Presence Behavioral Health
    1820 S 25th ave
    Broadview,IL60155     		  PC Latino Mental Health Care Initiative 150,000
    Presence Behavioral Health
    1820 S 25th ave
    Broadview,IL60155     		  PC Proviso Children's Advocacy Center 150,000
    Presence Behavioral Health
    1820 S 25th ave
    Broadview,IL60155     		  PC Vocational Support Program 150,000
    Presence Behavioral Health
    1820 S 25th ave
    Broadview,IL60155     		  PC Community Mental Health Center-Flooring Replacement 20,000
    Proviso Public Partnership
    4565 W Harrison st
    Hillside,IL60162     		  PC Bilingual Service Navigation Program 19,000
    Quinn Center of St Eulalia
    184 S 9th Ave
    Maywood,IL60153     		  PC Hunger Ministry Programs 25,000
    Robert Crown Center for Health Education
    13 Spinnng Wheel Rd
    Hinsdale,IL60521     		  PC Enhanced Curriculum for Health Education 20,000
    Ronald McDonald House Charities
    1301 W 22nd Street Suite 905
    Oak Brook,IL60523     		  PC Family Room at House near Loyola University 25,000
    Rush Oak Park Hospital
    520 S Mple Ave
    Oak Park,IL60304     		  PC Project Lifestyles Change Program 120,000
    Rush Oak Park Hospital
    520 S Mple Ave
    Oak Park,IL60304     		  PC Mammography Program 108,800
    Salute Inc
    18 N Bothwell St
    Palatine,IL60067     		  PC Financial Assistance Program 20,000
    Sarah's Inn
    1547 Circle Ave
    Forest Park,IL60130     		  PC Advocacy and Counseling Program 15,000
    Sarah's Inn
    1547 Circle Ave
    Forest Park,IL60130     		  PC Training & Education Program 15,000
    Seasons Hospice Foundation
    6400 Shafer Ct 700
    Rosemont,IL60018     		  PC General Operating Support 30,000
    Sheridan Carrol Charitable Works Fund
    2015 N Harlem
    Elmwood Park,IL60707     		  PC Food Pantry 25,000
    Sisterhouse
    25 Washington Blvd
    Oak Park,IL60302     		  PC Recovery is Possible Program 30,000
    Suburban Primary Health Care Council
    222 Enterprise Dr
    Westchester,IL60154     		  PC Access to Care Program 750,000
    Triton College
    2000 fifth Ave
    River Grove,IL60171     		  PC Scholarship Program-Cohorts 9, 10 (5) 230,035
    Triton College
    2000 fifth Ave
    River Grove,IL60171     		  PC Scholarship Program (7) 125,000
    Triton College
    2000 fifth Ave
    River Grove,IL60171     		  PC Scholarship Program-Cohorts 6,7 & 8 (4) 8,376
    Trusty Cup Productions
    951 S 9th Ave
    Maywood,IL60153     		  PC Go! Do! Be! 10,000
    UCP Seguin of Greater Chicago
    755 W 83rd St
    Tinley Park,IL60472     		  PC Community Employment Alternatives Prog. 60,000
    UCP Seguin of Greater Chicago
    755 W 83rd St
    Tinley Park,IL60472     		  PC Building Bridges to the Future Program 50,000
    UCP Seguin of Greater Chicago
    755 W 83rd St
    Tinley Park,IL60472     		  PC Dental Health Care Program 40,000
    UCP Seguin of Greater Chicago
    755 W 83rd St
    Tinley Park,IL60472     		  PC Weekend Respite Home Program 35,000
    West Cook County Youth Club
    4000 St Paul Ave
    Bellwood,IL60104     		  PC Summer Camp Foodstuffs Program 60,000
    West Cook County Youth Club
    4000 St Paul Ave
    Bellwood,IL60104     		  PC Healthy Bodies-Healthy Minds Program 50,000
    West Cook County Youth Club
    4000 St Paul Ave
    Bellwood,IL60104     		  PC Healthy Living Program 20,000
    West Cook County Youth Club
    4000 St Paul Ave
    Bellwood,IL60104     		  PC Equipment Update for Handicapped Lift Project 12,500
    West Cook YMCA
    255 S Marion St
    Oak PArk,IL60302     		  PC WCY Healthy Living COVID-19 Response Program 150,000
    Total .................................bullet 3a 5,424,831
    bApproved for future payment
    Community Support Services
    9021 Ogden Ave
    Brookfield,IL60513     		  PC Respite Program 120,000
    Helping Hand Center
    9649 W 55th Street
    Countryside,IL60525     		  PC Expanding Access for Low Income Children 50,000
    PCC Community Wellness Center
    14 W Lake St
    Oak Park,IL60302     		  PC Melrose Park Family Health Center Program 150,000
    Triton College
    2000 fifth Ave
    River Grove,IL60171     		  PC Scholarship Program (7) 500,000
    Total .................................bullet 3b 820,000
    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 85  
    4 Dividends and interest from securities....     14 1,192,010  
    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 ............     		900099 10,800 18 6,820,199  
    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).. 10,800 8,012,294 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    8,023,094
    (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:
    Westlake Health Foundation
    EIN:
    36-3104071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 14,525 11,620   2,905

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

    TY 2020 GainLossSaleOtherAssetsSch
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    Sale of Vehicle   Purchased     10,800   Cost 0 10,800  

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bonds 15,498,363 15,498,363

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Corporate stock 85,230,170 85,230,170

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Cash equivalents AT COST 1,646,681 1,646,681
    Partnerships and other FMV 46,575,861 46,575,861
    Accrued income AT COST 24,255 24,255

    TY 2020 OtherAssetsSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Art 17,875 17,875 17,875


    TY 2020 OtherExpensesSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Office 7,095 710   6,385
    Insurance 3,449 345   3,104
    Miscellaneous 1,857 186   1,671


    TY 2020 OtherIncreasesSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Description Amount
    Change in unrealized gains & losses 15,693,207


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Description Beginning of Year - Book Value End of Year - Book Value
    Current excise tax payable 23,466 32,295
    Deferred excise tax payable 586,587 625,814


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment counseling fees 418,707 418,707   0
    Custodial fees 335,488 335,488   0
    Other 2,190 219   1,971


    TY 2020 TaxesSchedule
    Name:
    Westlake Health Foundation
    EIN:
    36-3104071
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Payroll 34,069 3,407   30,662
    Excise 98,431 0   0
    Deferred excise 39,226 0   0