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
SMART FAMILY FOUNDATION OF ILLINOIS
 
Number and street (or P.O. box number if mail is not delivered to street address)179 E LAKE SHORE DRIVE NO 16E
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60611
A Employer identification number

81-2433446
B Telephone number (see instructions)

(312) 664-1122
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$82,496,027J 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) 32,472
2 Check bullet.............
3 Interest on savings and temporary cash investments 51,391 51,391  
4 Dividends and interest from securities... 270,272 270,272  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,775,898
b Gross sales price for all assets on line 6a 11,659,924
7 Capital gain net income (from Part IV, line 2)... 3,060,541
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........ 3,130,033 3,382,204  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 19,961 14,971   4,990
b Accounting fees (attach schedule)....... Click to see attachment 95,116 71,337   23,779
c Other professional fees (attach schedule).... Click to see attachment 324,377 324,377   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 11,315 11,315   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 2,178 1,026   1,026
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 452,947 423,026   29,795
25 Contributions, gifts, grants paid....... 3,237,000 3,237,000
26 Total expenses and disbursements. Add lines 24 and 25 3,689,947 423,026   3,266,795
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -559,914
b Net investment income (if negative, enter -0-) 2,959,178
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............. 141,740 50,358 50,358
2 Savings and temporary cash investments......... 10,178,771 8,024,310 8,024,310
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)....... 24,128,904 Click to see attachment33,633,051 74,027,757
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 302,864 Click to see attachment296,989 393,602
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 34,752,279 42,004,708 82,496,027
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 34,752,279 42,004,708
29 Total net assets or fund balances (see instructions)..... 34,752,279 42,004,708
30 Total liabilities and net assets/fund balances (see instructions). 34,752,279 42,004,708
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
34,752,279
2
Enter amount from Part I, line 27a .....................
2
-559,914
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,812,343
4
Add lines 1, 2, and 3 ..........................
4
42,004,708
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
42,004,708
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 RUANE, CUNNIFF & GOLDFARB D    
b RUANE, CUNNIFF & GOLDFARB      
c WILLIAM BLAIR D    
d WILLIAM BLAIR      
e CAPITAL GAINS 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 665,063   478,728 186,335
b 8,703,586   7,111,115 1,592,471
c 1,461,287   616,690 844,597
d 826,836   392,850 433,986
e 3,152     3,152
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       186,335
b       1,592,471
c       844,597
d       433,986
e       3,152
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 3,060,541
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 41,133
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 41,133
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 41,133
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 83,818
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 83,818
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 42,685
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet42,685 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. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMORRISON & MORRISON LTD Telephone no.bullet (312) 346-2141

    Located atbullet222 S RIVERSIDE PLAZA STE 2730CHICAGOIL ZIP+4bullet60606
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........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
    ROBERT FEITLER DIRECTOR AND PRESIDENT
    1.00     		0 0 0
    179 E LAKE SHORE DR 16E
    CHICAGO,IL60611
    JOAN FEITLER DIRECTOR, TREASURER AND SE
    1.00     		0 0 0
    179 E LAKE SHORE DR 16E
    CHICAGO,IL60611
    RICHARD FEITLER DIRECTOR
    1.00     		0 0 0
    179 E LAKE SHORE DR 16E
    CHICAGO,IL60611
    PAMELA HOEHN-SARIC DIRECTOR
    1.00     		0 0 0
    179 E LAKE SHORE DR 16E
    CHICAGO,IL60611
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    51,819,394
    b
    Average of monthly cash balances.......................
    1b
    9,406,148
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    61,225,542
    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
    61,225,542
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    918,383
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    60,307,159
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,015,358
    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
    3,015,358
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    41,133
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    41,133
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,974,225
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,974,225
    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
    2,974,225
    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
    3,266,795
    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
    3,266,795
    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
    3,266,795
    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 2,974,225
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,815,349
    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$ 3,266,795
    a Applied to 2019, but not more than line 2a 2,815,349
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		Click to see attachment221,264
    d Applied to 2020 distributable amount..... 230,182
    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 5 221,264
    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 ..........     		2,744,043
    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) .......     		221,264
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 11
    Part XV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    CHICAGO CHILDREN'S CHOIR
    78 E WASHINGTON ST 5TH FLOOR
    CHICAGO,IL60602     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    CHICAGO HUMANITIES FESTIVAL
    500 N DEARBORN STE 825
    CHICAGO,IL60654     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    CITY CLUB OF CHICAGO
    400 N MICHIGAN AVE SUITE 1018
    CHICAGO,IL60611     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,000
    COMMUNITY HEALTH
    2611 W CHICAGO AVE
    CHICAGO,IL60622     		NONE PUBLIC HEALTH SERVICES 10,000
    FRANCIS W PARKER SCHOOL
    330 W WEBSTER AVE
    CHICAGO,IL60614     		NONE PUBLIC OTHER ACTIVITIES DIRECTED TO INDIVIDUALS 25,000
    FREE SPIRIT MEDIA
    906 S HOMAN AVENUE FLOOR 5
    CHICAGO,IL60624     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    GOUCHER COLLEGE
    1021 DULANEY VALLEY RD
    BALTIMORE,MD21204     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 35,000
    GRANT PARK MUSIC FESTIVAL
    205 E RANDOLPH ST
    CHICAGO,IL60601     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 50,000
    HARVARD UNIVERSITY
    124 MOUNT AUBURN STREET
    CAMBRIDGE,MA02138     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 20,000
    HYDE PARK ART CENTER
    5020 S CORNELL AVENUE
    CHICAGO,IL60615     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    JOHNS HOPKINS UNIVERSITY
    615 N WOLFE STREET
    BALTIMORE,MD21205     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,200,000
    KENYON COLLEGE
    COLLEGE RELATIONS CENTER
    GAMBIER,OH43022     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 215,000
    LINCOLN PARK ZOO
    2001 N CLARK ST
    CHICAGO,IL60614     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    LURIE CHILDREN'S FOUNDATION
    225 E CHICAGO AVE BOX 4
    CHICAGO,IL60611     		NONE PUBLIC HEALTH SERVICES 50,000
    MARINE CORPS SCHOLARSHIP FOUNDATION
    909 N WASHINGTON ST STE 400
    ALEXANDRIA,VA22314     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    MERIT SCHOOL OF MUSIC
    38 SOUTH PEORIA STREET
    CHICAGO,IL60607     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DRIVE
    CHICAGO,IL60637     		NONE PUBLIC CULTURAL, HISTORICAL, & OTHER EDUCATIONAL 1,000
    NORTHWESTERN MEMORIAL FOUNDATION
    541 NORTH FAIRBANKS COURT SUITE 800
    CHICAGO,IL60611     		NONE PUBLIC HEALTH SERVICES 100,000
    RAVINIA FESTIVAL
    418 SHERIDAN RD
    HIGHLAND PARK,IL60035     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    STEPPENWOLF THEATRE CO
    1650 N HALSTED ST
    CHICAGO,IL60614     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 160,000
    THE BALTIMORE MUSEUM OF ART
    10 ART MUSEUM DRIVE
    BALTIMORE,MD21218     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 35,000
    THE UNIVERISTY OF CHICAGO
    5235 SOUTH HARPER COURT SUITE 450
    CHICAGO,IL60615     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 850,000
    VASSAR COLLEGE
    124 RAYMOND AVE BOX 1
    POUGHKEEPSIE,NY12604     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    WTTW
    5400 N ST LOUIS AVE
    CHICAGO,IL60625     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    BETTER GOVERNMENT ASSOCIATION
    223 WEST JACKSON BLVD SUITE 300
    CHICAGO,IL60606     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 100,000
    BRAIN RESEARCH FOUNDATION
    111 W WASHINGTON ST SUITE 1460
    CHICAGO,IL60602     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 10,000
    BROADWAY EDUCATIONAL ALLIANCE
    66 W 38TH STREET SUITE 16E
    NEW YORK,NY10018     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,000
    CHICAGO POLICE MEMORIAL FUND
    10343 SOUTH PULASKI ROAD
    CHICAGO,IL60655     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 10,000
    CURE VIOLENCE
    227 W MONROE STREET
    CHICAGO,IL60606     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 15,000
    FIELD MUSEUM
    1400 S LAKE SHORE DRIVE
    CHICAGO,IL60605     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 20,000
    GLESSNER HOUSE
    1800 SOUTH PRAIRIE AVENUE
    CHICAGO,IL60616     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,000
    GOODMAN THEATRE
    170 N DEARBORN STREET
    CHICAGO,IL60601     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 20,000
    HISTORIC PRESERVATION FOUNDATION OF FORTNIGHTLY
    120 EAST BELLEVUE PLACE
    CHICAGO,IL60611     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    HORIZONS GREATER WASHINGTON
    3000 CATHEDRAL AVE NW
    WASHINGTON,DC20008     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    HP COMMUNITY EARLY LEARNING CENTER
    640 RIDGE ROAD
    HIGHLAND PARK,IL60035     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,000
    KOHL CHILDREN'S MUSEUM
    2100 PATRIOT BLVD
    GLENVIEW,IL60026     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 10,000
    METROPOLITAN PLANNING COUNCIL
    140 S DEARBORN STREET SUITE 1400
    CHICAGO,IL60603     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    MUSEUM TRUSTEE ASSOCIATION
    211 E LOMBARD STREET SUITE 179
    BALTIMORE,MD21202     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 10,000
    PLANNED PARENTHOOD
    123 WILLIAM STREET 10TH FLOOR
    NEW YORK,NY10038     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    STUDENT CENTER ASSOCIATION
    4601 NORTH FAIRFAX DRIVE SUITE 900
    ARLINGTON,VA22203     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    SWIPE OUT HUNGER
    800 WILSHIRE BLVD SUITE 200
    LOS ANGELES,CA90017     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 5,000
    THE CHICAGO LIGHTHOUSE
    1850 W ROOSEVELT ROAD
    CHICAGO,IL60608     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 15,000
    THE SALVATION ARMY
    5040 N PULASKI ROAD
    CHICAGO,IL60630     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    UNIVERSITY SCHOOL OF MILWAUKEE
    2100 W FAIRY CHASM ROAD
    MILWAUKEE,WI53217     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 25,000
    WORKING IN THE SCHOOLS
    641 W LAKE STREET SUITE 200
    CHICAGO,IL60661     		NONE PUBLIC CULTURAL, HISTORICAL & OTHER EDUCATIONAL 1,000
    Total .................................bullet 3a 3,237,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 51,391  
    4 Dividends and interest from securities....     14 270,272  
    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 2,775,898  
    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).. 0 3,097,561 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,097,561
    (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
    Schedule B
    (Form 990, 990-EZ,
    or 990-PF)
    Department of the Treasury
    Internal Revenue Service
    Schedule of Contributors

    Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
    Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
    OMB No. 1545-0047
    2020
    Name of the organization
    SMART FAMILY FOUNDATION OF ILLINOIS
     
    Employer identification number

    81-2433446
    Organization type (check one):
    Filers of:
    Section:
    Form 990 or 990-EZ






    Form 990-PF




    Check if your organization is covered by the General Rule or a Special Rule.  
    Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
    General Rule
    Special Rules
    ......... Arrow Bullet $  
    Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
    990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
    or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
    990-EZ, or 990-PF).
    For Paperwork Reduction Act Notice, see the Instructions
    for Form 990, 990-EZ, or 990-PF.
    Cat. No. 30613XSchedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020) Page 2
    Name of organization
    SMART FAMILY FOUNDATION OF ILLINOIS
          		Employer identification number
    81-2433446
    Part I
    Contributors
    Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    1
    SMART FAMILY FOUNDATION OF NEW YORK
     
    1333A NORTH AVENUE SUITE 432
     
    NEW ROCHELLE, NY10804

    		$ 32,472


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 3
    Name of organization
    SMART FAMILY FOUNDATION OF ILLINOIS
          		Employer identification number

    81-2433446
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Page 4
    Name of organization
    SMART FAMILY FOUNDATION OF ILLINOIS
          		Employer identification number

    81-2433446
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 95,116 71,337   23,779

    TY 2020 DistributionFromCorpusElection
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Election:
    SMART FAMILY FOUNDATION OF ILLINOIS179 E LAKE SHORE DRIVE #16ECHICAGO, IL 60611EIN: 81-2433446TAX YEAR ENDED 12/31/20PURSUANT TO SECTION 4942(H)(2) OF THE INTERNAL REVENUE CODE AND SECTION 53.4942(A)-3(D)(2) OF THE TREASURY REGULATIONS, THE FOUNDATION ELECTS TO TREAT CURRENT YEAR QUALIFY DISTRIBUTIONS OF $221,264 AS A DISTRIBUTION OUT OF CORPUS.------------------------------------ROBERT FEITLER, PRESIDENT

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Name of Stock End of Year Book Value End of Year Fair Market Value
    A2 MILK CO LTD 710,213 788,849
    ABBOTT LABORATORIES 76,231 547,450
    ABBVIE INC 82,666 535,750
    ADTALEM GLOBAL ED INC 130,570 139,229
    ADVANCED AUTO PARTS INC 337,751 630,040
    ALPHABET INC 398,858 1,932,324
    ANNALY CAPITAL MANAGEMENT INC 84,600 42,250
    ARISTA NETWORKS INC 979,058 1,451,978
    AT&T INC 31,579 81,017
    AVALONBAY COMMUNITIES INC 100,036 331,769
    AVANOS MEDICAL INC 11,535 28,675
    B O K FINANCIAL CORP 261,500 243,994
    BANK NEW YORK MELLON CORP 43,599 160,126
    BANK OF AMERICA CORP 109,772 269,517
    BANK OF MONTREAL 233,008 315,829
    BECTON DICKINSON & CO 578,130 750,660
    BERKSHIRE HATHAWAY INC CLASS A 1,454,850 4,869,410
    BERKSHIRE HATHAWAY INC CLASS B 37,058 57,504
    BERKSHIRE HATHAWAY INC DEL CL A 390,397 17,390,750
    BERKSHIRE HATHAWAY INC DEL CL B 15,616 695,610
    BRADY CORP 123,523 208,428
    BRINKS CO 387,698 583,632
    BROWN & BROWN INC 160,656 948,200
    CARMAX INC 828,676 1,564,824
    CHARLES RIV LABORATORIES INTL INC 63,734 219,877
    CONSTELLATION SOFTWARE INC 425,102 1,362,501
    CORE LABORATORIES 228,636 406,796
    CREDIT ACCEPTANCE CORP 1,151,587 1,434,750
    DFA US CORE EQUITY 1,097,589 1,454,528
    DISNEY WALT CO 858,531 1,293,082
    ENVISTA HOLDINGS CORP 209,254 377,641
    EUROFINS SCIENCE 687,799 1,394,607
    FACEBOOK INC 992,017 1,580,504
    FIDELITY NATL INFORMATION 301,682 1,414,600
    FIDELITY NATL INFORMATION 723,843 707,724
    FIRST AMERICAN FINANCIAL CORP 315,495 494,357
    FLIR SYSTEMS INC 279,697 317,110
    HISCOX LTD 249,981 312,195
    HORACE MANN EDUCATORS CORP 44,555 105,689
    IBM CORP 309,038 230,360
    INTERCONTINENTAL EXCHANGE 862,861 1,032,307
    INTERPUBLIC GROUP 314,838 367,900
    JACOBS ENGR GROUP INC 467,014 1,160,315
    JANUS HENDERSON GROUP PLC 92,087 185,827
    JONES LANG LASALLE INC 173,002 287,393
    KENNAMETAL INC 397,017 464,379
    KIMBERLY-CLARK CORP 268,211 674,150
    KNOWLES CORP 153,134 196,796
    KORN FERRY 251,322 252,953
    LIBERTY BROADBAND CORP COM SER A 182,214 341,633
    LIBERTY BROADBAND CORP COM SER C 570,366 948,478
    LIBERTY MEDIA CORP SER A 700,221 1,181,809
    LITTLEFUSE INC 208,918 463,736
    MADISON SQUARE GARDEN CL A 100,140 218,711
    MADISON SQUARE GARDEN CO 197,419 350,834
    MASTERCARD INC CL A 233,861 1,186,469
    MATTEL INC 354,338 517,654
    MATTHEWS INTL CORP 79,839 64,474
    MEREDITH CORP 89,722 44,640
    METHODE ELECTRS INC 308,732 275,731
    MIDDLEBY CORP COM 69,421 157,927
    MITCHAM INDS INC 142,748 19,452
    MOHAWK INDUSTRIES 161,923 293,740
    MSG NETWORK INC 203,750 166,429
    MTS SYS CORP 113,218 121,147
    NASPERS LIMITED LTD 264,937 231,714
    NETFLIX 887,665 987,914
    NEWELL BRANDS INC 139,343 84,920
    NIELSEN HLDGS 363,282 404,335
    NORWEGIAN CRUISE LINE 185,634 217,121
    ONESPAWORLD HOLDINGS 167,372 410,741
    PROGRESSIVE CORP 374,400 1,285,440
    PROSUS 702,718 1,020,893
    RAYONIER ADVANCED MATERIALS INC 54,110 16,293
    RAYONIER INC 157,704 220,350
    ROLLS-ROYCE HOLDINGS PLC 1,028,160 851,926
    SCHWAB CHARLES CORP 721,432 1,285,849
    SIMPSON MANUFACTURING CO 127,119 208,580
    SNAP ON INC 293,817 314,898
    STERICYCLE INC 289,830 353,444
    STRATTEC SEC CORP 222,700 246,800
    TAIWAN SEMICONDUCTOR MFG 853,906 1,854,988
    TEAM INC 343,919 149,188
    TEEKAY TANKERS LTD CL A 68,665 13,763
    TEGNA INC 87,783 141,104
    U S SILICA HLDGS INC 633,179 185,840
    UNILEVER PLC SPONSORED NEW ADR 92,730 181,080
    UNITEDHEALTH GROUP INC 1,292,700 1,652,404
    VAIL RESORTS INC 106,106 193,040
    VERIZON COMMUNICATIONS 93,316 107,513
    VIVENDI 990,241 1,268,304
    WALGREENS BOOTS ALLIANCE INC 90,510 119,640
    WEYCO GROUP INC 479,350 316,800
    WAYFAIR INC 317,987 1,053,855

    TY 2020 InvestmentsOtherSchedule2
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    LAZARD LTD COM AT COST 296,989 393,602

    TY 2020 LegalFeesSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 19,961 14,971   4,990


    TY 2020 OtherExpensesSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INSURANCE 2,052 1,026   1,026
    ANNUAL REPORT 10 0   0
    SUPPLIES 116 0   0


    TY 2020 OtherIncreasesSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Description Amount
    RECOGNIZED FAIR MARKET VALUE EXCESS OVER BOOK VALUE OF DONATED ASSETS 284,642
    MERGER WITH FEITLER FAMILY FUND 7,527,701


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT ADVISORY FEES 324,377 324,377   0


    TY 2020 SubstantialContributorsSch
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Name Address
    THE SMART FAMILY FOUNDATION INC
          		1333A NORTH AVENUE 432
    NEW ROCHELLE,NY10804
    SMART FAMILY FOUNDATION OF NEW YORK
          		1333A NORTH AVENUE 432
    NEW ROCHELLE,NY10804


    TY 2020 TaxesSchedule
    Name:
    SMART FAMILY FOUNDATION OF ILLINOIS
    EIN:
    81-2433446
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 11,315 11,315   0