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
THE BUCHANAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)222 E WISCONSIN AVENUE SUITE 308
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE FOREST, IL60045
A Employer identification number

36-6160998
B Telephone number (see instructions)

(847) 234-0235
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$52,596,431J 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 363 363  
4 Dividends and interest from securities... 1,114,859 1,114,859  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 733,142
b Gross sales price for all assets on line 6a 15,604,059
7 Capital gain net income (from Part IV, line 2)... 733,142
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........ 1,848,364 1,848,364  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 100,000 7,500   92,500
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,490 7,118   2,372
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 39,315 7,654   4,966
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 9,000 0   9,000
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 29,569 262   29,307
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 187,374 22,534   138,145
25 Contributions, gifts, grants paid....... 2,251,000 2,251,000
26 Total expenses and disbursements. Add lines 24 and 25 2,438,374 22,534   2,389,145
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -590,010
b Net investment income (if negative, enter -0-) 1,825,830
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......... 13,057,826 16,196,098 16,212,183
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)....... 19,719,520 Click to see attachment19,521,390 31,748,502
c Investments—corporate bonds (attach schedule)....... 7,934,630 Click to see attachment4,404,478 4,635,746
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
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) 40,711,976 40,121,966 52,596,431
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........ 8,528,072 8,528,072
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 32,183,904 31,593,894
29 Total net assets or fund balances (see instructions)..... 40,711,976 40,121,966
30 Total liabilities and net assets/fund balances (see instructions). 40,711,976 40,121,966
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
40,711,976
2
Enter amount from Part I, line 27a .....................
2
-590,010
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
40,121,966
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
40,121,966
Form 990-PF (2020)
Form 990-PF (2020)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P 1990-01-01 2020-12-31
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 15,604,059   14,870,917 733,142
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       733,142
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 2 733,142
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 25,379
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 25,379
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 25,379
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 25,000
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 4
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 29,617
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet29,617 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 addressbulletN/A
    14
    The books are in care ofbulletKENNETH H BUCHANAN Telephone no.bullet (847) 234-0235

    Located atbullet222 E WISCONSIN AVENUE SUITE 308LAKE FORESTIL ZIP+4bullet60045
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    KENNETH H BUCHANAN PRESIDENT
    40.00     		75,000 0 0
    222 WISCONSIN AVENUE SUITE 308
    LAKE FOREST,IL60045
    MARTHA R HINCHMAN DIRECTOR
    2.00     		0 0 0
    1875 WEDGEWOOD COURT
    LAKE FOREST,IL60045
    CHARLES F KANE JR TREASURER
    40.00     		25,000 0 0
    PO BOX 241
    DUXBURY,MA02331
    MARGAUX BUCHANAN SECRETARY
    2.00     		0 0 0
    20 PROSPECT ROAD
    PLYMPTON,MA02367
    HUNT ELDRIDGE III VICE-PRESIDENT
    2.00     		0 0 0
    755 NORTH AVENUE-NE 1426
    ATLANTA,GA30306
    BRIAN K JONES DIRECTOR
    2.00     		0 0 0
    333 WEST WACKER DRIVE SUITE 1700
    CHICAGO,IL60606
    PERRIN B MARTIN DIRECTOR
    2.00     		0 0 0
    40 DAHEIM ROAD
    MILLBROOK,NY12545
    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
    39,158,166
    b
    Average of monthly cash balances.......................
    1b
    10,856,552
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    50,014,718
    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
    50,014,718
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    750,221
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    49,264,497
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    2,463,225
    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
    2,463,225
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    25,379
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    25,379
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,437,846
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    2,437,846
    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
    2,437,846
    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
    2,389,145
    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
    2,389,145
    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
    2,389,145
    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 2,437,846
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 188,759
    e From 2019......  
    fTotal of lines 3a through e........ 188,759
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,389,145
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 2,389,145
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2020. 48,701 48,701
    (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 5 140,058
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		140,058
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 140,058
    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
    ACLU FOUNDATION
    125 BROAD STREET
    NEW YORK,NY10004     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    ADVOCATE LUTHERAN GENERAL HOSPITAL
    1775 DEMPSTER STREET
    PARK RIDGE,IL60068     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    AFTER THE RACES
    3168 TELEGRAPH RD
    ELKTON,MD21921     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    ALLIANCE FOR THE GREAT LAKES
    150 N MICHIGAN AVENUE
    CHICAGO,IL60601     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    AMERICAN RED CROSS
    2200 W HARRISON STREET
    CHICAGO,IL60612     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    ANGELS OF LIGHT
    321 W 116TH STREET
    CHICAGO,IL60628     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    ANN & ROBERT LURIE CHILDREN'S HOSPITAL
    225 E CHICAGO AVENUE
    CHICAGO,IL60611     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    BALTIMORE CLAYWORKS
    5707 SMITH AVENUE
    BALTIMORE,MD21209     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    BALTIMORE JEWELRY CENTER
    10 E NORTH AVENUE SUITE 130
    BALTIMORE,MD21202     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    BOCA GRANDE HEALTH CLINIC FOUNDATION
    280 PARK AVENUE
    BOCA GRANDE,FL33921     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    BRUSHWOOD CENTER AT RYERSON WOODS
    21850 RIVERWOODS ROAD
    RIVERWOODS,IL60015     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    BURR & BURTON ACADEMY
    57 SEMINARY AVE
    MANCHESTER,VT05254     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    CAROLINA HORSE PARK FOUNDATION
    2814 MONTROSE RD
    RAEFORD,NC28376     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 55,000
    CHAPIN SENIOR CENTER
    37 PLEASANT ST
    NEW LONDON,NH03257     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    CHICAGO ARCHITECTURE FOUNDATION
    224 S MICHIGAN AVENUE
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    CHICAGO BOTANIC GARDEN
    1000 LAKE COOK RD
    GLENCOE,IL60022     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    CHICAGO ZOOLOGICAL SOCIETY
    3300 GOLF RD
    BROOKFIELD,IL60513     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 65,000
    COLLEGE OF LAKE COUNTY FOUNDATION
    19351 W WASHINGTON STREET
    GRAYSLAKE,IL60030     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    DARTMOUTH HITCHCOCK MEDICAL CENTER
    ONE MEDICAL CENTER DRIVE
    LEBANON,NH03756     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    DELTA WATERFOWL
    1412 BASIN AVE
    BISMARCK,ND58502     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    DUTCHESS DAY SCHOOL
    415 NY-343
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    DUTCHESS LAND CONSERVATORY
    4289 NY-82
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    EASTERN ILLINOIS UNIVERSITY FOUNDATION
    860 WEST LINCOLN AVENUE
    CHARLESTON,IL61920     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    ELAWA FARM FOUNDATION
    1401 MIDDLEFORK DRIVE
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    FOXCROFT SCHOOL
    22407 FOXHOUND LN
    MIDDLEBURG,VA20117     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    FRANKLIN & MARSHALL COLLEGE
    415 HARRISBURG AVENUE
    LANCASTER,PA17603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    FRIENDS OF THAI DAUGHTERS
    PO BOX 370
    TREVETT,ME04571     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GLASA FOUNDATION
    27864 IRMA LEE CIRCLE
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    GALLATIN VALLEY LAND TRUST
    212 S WALLAVE AVE 102
    BOZEMAN,MT59715     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GASPARILLA ISLAND CONSERVATION & IMPROVEMENT
    131 1ST ST W 8
    BOCA GRANDE,FL33921     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GENEVA COLLEGE FOUNDATION
    PO BOX 44
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GENEVA COMMUNITY CHEST
    PO BOX 411
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GIRL SCOUTS OF AMERICA
    420 FIFTH AVENUE
    NEW YORK,NY10018     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GLENKIRK FOUNDATION
    3504 COMMERCIAL AVENUE
    NORTHBROOK,IL60062     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GORTON COMMUNITY CENTER
    400 E ILLINOIS ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GREEN MOUNTAIN HORSE ASSOCIATION
    5491 S RD
    SO WOODSTOCK,VT05071     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GREENS FARMS ACADEMY
    35 BEACHSIDE AVE
    GREEN FARMS,CT06838     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GUNN MEMORIAL LIBRARY
    5 WYKEHAM RD
    WASHINGTON,CT06793     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 2,500
    HISTORY CENTER OF LAKE FOREST - LAKE BUFF
    509 E DEERPATH RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    HURON MOUNTAIN WILDLIFE FOUNDATION
    1088 PARK AVE ROOM 10E
    NEW YORK,NY10128     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    JOHANN FUST LIBRARY FOUNDATION
    1040 10TH ST W
    BOCA GRANDE,FL33921     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    KENT SCHOOL
    1 MACEDONIA RD
    KENT,CT06757     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 70,000
    LAKE COUNTY COMMUNITY FOUNDATION
    114 S GENESEE ST SUIT 505
    WAUKEGAN,IL60085     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 56,000
    LAKE FOREST COLLEGE
    2338 555 N SHERIDAN RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    LAKE FOREST COUNTRY DAY SCHOOL
    145 S GREEN BAY RD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    LAKE SUNAPEE HOME CARE AND HOSPICE
    107 NEWPORT RD
    NEW LONDON,NH03257     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    LAMB'S FARM
    14245 W ROCKLAND RD
    LIBERTYVILLE,IL60048     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    LINCOLN PARK ZOOLOGICAL SOCIETY
    2001 N CLARK ST
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 65,000
    LUSTER LEARNING INSTITUTE
    1126 HILLCREST AVENUE
    HIGHLAND PARK,IL60035     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    MAX MCGRAW WILDLIFE FOUNDATION
    14N322 IL-25
    DUNDEE,IL60118     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    MERCY HOSPITAL FOUNDATION
    2525 S MICHIGAN AVENUE SUITE 240F
    CHICAGO,IL60616     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    MIDWEST YOUNG ARTISTS CONSERVATORY
    878 LYSTER RD
    HIGHWOOD,IL60040     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    MILLBROOK EARLY CHILDHOOD CENTER
    30 MAPLE AVENUE
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    MILLBROOK SCHOOL
    131 MILLBEROOK SCHOOL RD
    MILLBROOK,NY12545     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    MOTE MARINE LABORATORY & AQUARIUM
    1600 KEN THOMPSON PKWY
    SARASOTA,FL34236     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    NORTHERN ILLNOIS FOOD BANK
    273 DEARBORN COURT
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    NORTHERN SUBURBAN SPECIAL RECREATION
    3105 MACARTHUR BLVD
    NORTHBROOK,IL60062     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    NORTHWESTERN LAKE FOREST HOSPITAL
    1000 N WESTMORELAND ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    NORTHWESTERN MEMORIAL FOUNDATION
    251 E HURON STREET
    CHICAGO,IL60611     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    OAKDALE EQUINE RESCUE
    PO BOX 1980
    OAKDALE,CA95361     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    OHIO STATE UNIVERSITY COLLEGE OF VETERINARY
    601 VERNON L THARP ST
    COLUMBUS,OH43210     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    OPEN LANDS PROJECT
    25 E WASHINGTON STREET 1650
    CHICAGO,IL60602     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    OPPORTUNITY SECURE DATA DESTRUCTION
    3660 COMMERICAL AVE
    NORTHBROOK,IL60062     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    PLANNED PARENTHOOD ASSOCIATION
    18 S MICHIGAN AVENUE 6TH FLOOR
    CHICAGO,IL60603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    PURDUE UNIVERSITY
    610 PURDUE MALL
    WEST LAFAYETTE,IN47907     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 100,000
    RAINBOWS FOR ALL CHILDREN INC
    614 DEMPSTER STREET SUITE C
    EVANSTON,IL60202     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    RAVINIA FESTIVAL
    418 SHERIDAN ROAD
    HIGHLAND PARK,IL60035     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 50,000
    RUSH COUNTY COMMUNITY ASSISTANCE INC
    109 E 3RD STREET
    RUSHVILLE,IN46173     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    RUSH UNIVERSITY MEDICAL CENTER
    1653 W CONGRESS PKWY
    CHICAGO,IL60612     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 30,000
    SHELBURNE FARMS
    1611 HARBOR ROAD
    SHELBURNE,VT05482     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    SHELBURNE MUSEUM
    6000 SHELBURNE RD
    SHELBURNE,VT05482     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    SHIRLEY RYAN ABILITY LAB
    355 E ERIE STREET
    CHICAGO,IL60611     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 40,000
    SMITH COLLEGE
    10 ELM STREET
    NORTHHAMPTON,MA01063     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    SPECIAL GIFTS THEATRE
    PO BOX 2231
    NORTHBROOK,IL60065     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    SPECIAL OLYMPICS OF ILLINOIS
    605 E WILLOW STREET
    NORMAL,IL61761     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    ST JUDE CATHOLIC CHURCH
    180 7TH STREET
    COLUMBIANA,OH44408     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    ST TIMOTHY'S SCHOOL
    8400 GREENSPRING AVENUE
    STEVENSON,MD21153     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    STEPPENWOLF THEATRE CO
    1650 N HALSTED STREET
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    TALL PINES CONSERVATORY
    N44W32882 WATERTOWN PLANK RD
    NASHOTAH,WI53058     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 125,000
    TARPON & BONEFISH RESEARCH CENTER
    4600 RICKENBACKER CAUSEWAY
    MIAMI,FL33149     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    THE ADLER PLANETARIUM
    1300 S LAKE SHORE
    CHICAGO,IL60605     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    THE ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVENUE
    CHICAGO,IL60603     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE CHICAGO HISTORY MUSEUM
    1601 N CLARK STREET
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE CHICAGO SYMPHONY ORCHESTRA SOCIETY
    220 S MICHIGAN AVENUE
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE ELLEN THEATRE
    17 W MAIN STREET
    BOZEMAN,MT59715     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    THE FIELD MUSEUM OF NATURAL HISTORY
    1400 S LAKE SHORE
    CHICAGO,IL60605     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    THE GOODMAN THEATRE
    170 N DEARBORN STREET
    CHICAGO,IL60601     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    THE KENNETH C GRIFFIN MUSEUM OF SCIENCE AND INDUSTRY
    5700 S LAKE SHORE DR
    CHICAGO,IL60637     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE MORTON ARBORETUM
    4100 ILLINOIS 53
    LISLE,IL60532     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    THE NEWBERRY LIBRARY
    60 W WALTON STREET
    CHICAGO,IL60610     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    THE SALVATION ARMY
    2270 N CLYBOURN AVE
    CHICAGO,IL60614     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    THE SHEDD AQUARIUM
    1200 S LAKE SHORE DRIVE
    CHICAGO,IL60605     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 65,000
    THE WETLANDS INITIATIVE
    53 W JACKSON BLVD 1015
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    THEODORE ROOSEVELT CONSERVATION
    PO BOX 7
    MEDORA,ND58645     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    UNITED STATES EQUESTRIAN TEAM FOUNDATION
    1040 POTTERSVILLE RD
    GLADSTONE,NJ07934     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    UNITED WAY OF LAKE COUNTY
    330 S GREENLEAF ST
    GURNEE,IL60031     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    UNITED WAY OF METROPOLITAN CHICAGO
    333 S WABASH AVENUE
    CHICAGO,IL60604     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    WESTMINISTER SCHOOL
    995 HOPMEADOW STREET
    SIMSBURY,CT06070     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    WILDLANDS TRUST INC
    675 LONG POND RD
    PLYMOUTH,MA02360     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    WILLIAMS COLLEGE
    880 MAIN ST
    WILLAIMSTOWN,MA01267     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    WTTW
    5400 N ST LOUIS AVENUE
    CHICAGO,IL60625     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    CAMP BIG SKY
    17185 MCCORD ROAD
    FAIRVIEW,IL61432     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 7,000
    EQUESTRIAN CONNECTION
    600 BRADLEY ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    FREEDOM FARM
    13155 W HART STREET
    WADSWORTH,IL60083     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    GENEVA HISTORICAL MUSEUM
    113 S 3RD ST
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 7,000
    GENEVA PARK DISTRICT FOUNDATION
    710 WESTERN AVENUE
    GENEVA,IL60134     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    GEORGE POCOCK ROWING FOUNDATION
    3320 FUHRMAN AVENUE EAST
    SEATTLE,WA48102     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    HARRY CHAPIN FOOD BANK OF SW FLORIDA
    3760 FOWLER ST
    FORT MYERS,FL33901     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    JOURNEY CARE FOUNDATION
    2050 CLAIRE CT
    GLENVIEW,IL60025     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    KGLT FM
    MSU BOX 164240
    BOZEMAN,MT597174240     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    LAKE FOREST LIBRARY
    360 E DEERPATH ROAD
    LAKE FOREST,IL60045     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    MARKLUND CHILDREN'S HOME
    1435 SUMMIT ST
    ELGIN,IL60120     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 20,000
    MEALS ON WHEELS NORTHEASTERN ILLINOIS
    1723 SIMPSON STREET
    EVANSTON,IL60201     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    MIDWEST VETERANS CLOSET
    2323 GREEN BAY ROAD
    NORTH CHICAGO,IL60064     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 12,500
    NORTH EAST COMMUNITY CENTER
    51 S CENTER ST
    MILLERTON,NY12546     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 2,500
    OLDFIELDS SCHOOL
    1500 GLENCOE ROAD
    SPARKS GLENCOE,MD21152     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    OUR HOUSE OF HOPE RESCUE
    1840 INDUSTRIAL DRIVE STE 330
    LIBERTYVILLE,IL60048     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 2,500
    PAWS ATLANTA
    5287 COVINGTON HWY
    DECATUR,GA30035     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 7,500
    POLO TRAINING FOUNDATION
    70 TULLY ST
    TULLY,NY13159     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    RANGERS LEAD THE WAY
    300 GARDEN CITY PLAZA SUITE 149
    GARDEN CITY,NY11530     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    RENDEZVOUS ARTS
    4129 N MOZART STREET UNIT 3
    CHICAGO,IL60618     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    SIGMA CHI FOUNDATION
    1714 N HINMAN AVE
    EVANSTON,IL60201     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 6,000
    SPARROWS NEST
    946 NY-376 7
    WAPPINGERS FALLS,NY12590     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    ST THOMAS EPISCOPAL CHURCH
    40 LEEDSVILLE ROAD
    AMENIA,NY12501     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 2,500
    THE DIOCESE OF STEUBENVILLE
    422 WASHINGTON STREET
    STEUBENVILLE,OH43952     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 125,000
    THE DIOCESE OF YOUNGSTOWN FOUNDATION
    144 WEST WOOD STREET
    YOUNGSTOWN,OH44503     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 25,000
    THE JOSSELYN CENTER FOR MENTAL HEALTH
    405 CENTRAL AVENUE
    NORTHFIELD,IL60093     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 15,000
    WINDRUSH FARM THERAPEUTIC EQUITATION
    479 LACY STREET
    NORTH ANDOVER,MA01845     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 10,000
    NORTHEAST DUTCHESS FUND
    800 N MAIN STREET
    SHEFFIELD,MA01257     		NO INDIVIDUALS PC GENERAL, OPERATING, ENDOWMENT OR CAPITAL. 5,000
    Total .................................bullet 3a 2,251,000
    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 ...........     		    14 363  
    4 Dividends and interest from securities....     14 1,114,859  
    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 ............     		    18 733,142  
    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 1,848,364 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,848,364
    (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:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING SERVICES AND TAX PREPARATION FEES 9,490 7,118   2,372

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Name of Bond End of Year Book Value End of Year Fair Market Value
    AMAZON INC, 2.8% 8/22/2024; 250,000 251,442 270,548
    APPLE INC, 2.15%, 2/9/22, 250,000 248,661 255,183
    APPLE INC, 2.70%, 5/13/2022, 150,000 150,361 155,300
    APPLE INC. 2.1% 09/12/2022; 250,000 252,317 257,733
    BERKSHIRE HATHAWAY, 2.75%, 3/15/2023, 250,000 250,318 262,540
    BLACKROCK INC, 3.5%, 3/18/24; 500,000 503,337 549,200
    CHEVRON CORP 6/24/23 3.191%; 250,000 248,935 265,890
    EXXON MOBILE CORP, 3.176%, 3/15/24; 250,000 251,066 269,653
    INTEL CORP, 2.7%, 12/15/22; 250,000 248,456 261,825
    JPMORGAN CHASE & COMPANY 2.7% 5/18/2023; 250,000 249,072 262,838
    KRAFT FOODS GROUP INC 3.5% 6/6/22; 250,000 249,561 260,980
    LOEWS CORP 2.625% 5/15/2023; 250,000 249,161 261,725
    ORACLE CORP 2.4% 9/15/2023; 250,000 253,899 262,875
    PHILIP MORRIS INTL INC, 2.5%, 8/22/22; 250,000 247,633 259,093
    TOYOTA MOTOR CREDIT, 2.60%, 1/11/22, 500,000 499,951 511,795
    TOYOTA MOTOR CREDIT, 2.9%, 4/17/24, 250,000 250,308 268,568

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ABBOTT LABORATORIES - 11,500 SHARES 427,766 1,259,135
    ABBVIE, INC - 3,500 SHARES 87,053 375,025
    ACCENTURE PLC - 1,875 SHARES 288,360 489,769
    AMERICAN EXPRESS COMPANY - 7,000 SHARES 511,250 846,370
    AMGEN, INC - 2,570 SHARES 412,369 590,894
    APPLE, INC - 10,500 SHARES 244,852 1,393,245
    AT & T, INC -17,000 SHARES 590,401 488,920
    BANK OF MONTREAL - 5,800 SHARES 358,594 440,974
    BLACKROCK INC - 1,345 SHARES 392,116 970,471
    BRISTOL MYERS SQUIBB COMPANY - 7,000 SHARES 180,127 434,210
    CHEVRON CORPORATION - 5,000 SHARES 500,390 422,250
    CISCO SYS INC - 21,600 SHARES 811,850 966,600
    COLGATE-PALMOLIVE CO. - 3,500 SHARES 133,486 299,285
    COMCAST CORP (NEW) CL A- 15,000 SHARES 535,734 786,000
    CVS CAREMARK CORPORATION - 6,000 SHARES 467,175 409,800
    DOW INC - 2,877 SHARES 152,045 159,674
    DUPONT DE NEMOURS & CO - 2,877 SHARES 223,156 204,583
    EMERSON ELECTRIC CO. - 7,500 SHARES 382,496 602,775
    ENBRIDGE ENERGY CORP - 6,888 SHARES 172,836 220,347
    EVERSOURCE ENERGY COM - 5,000 SHARES 290,000 432,550
    EXXON MOBIL CORPORATION - 3,154 SHARES 226,242 130,008
    GENERAL DYNAMICS, INC. - 1,500 SHARES 251,927 223,230
    GENERAL MILLS INC - 8,750 SHARES 394,945 514,500
    HEALTHPEAK PPTYS, INC - 14,000 SHARES 382,317 423,220
    INTEL CORP - 2,500 SHARES 55,999 124,550
    INTL BUSINESS MACHINES CORP - 2,500 SHARES 312,731 314,700
    JOHNSON & JOHNSON - 5,000 SHARES 303,023 786,900
    JPMORGAN CHASE & CO - 4,450 SHARES 308,548 565,462
    KIMBERLY CLARK - 2,000 SHARES 185,408 269,660
    LOCKHEED MARTIN CORP - 1,250 SHARES 269,022 443,725
    MERCK & CO, INC - 4,350 SHARES 224,688 355,830
    MICROSOFT CORP - 9,375 SHARES 507,621 2,085,188
    NIKE INC B - 4,000 SHARES 219,589 565,880
    NOVO-NORDISK - 7,500 SHARES 281,543 523,875
    PEPSICO INC CMN - 2,500 SHARES 216,712 370,750
    PHILIP MORRIS INT - 3,000 SHARES 253,355 248,370
    PHILLIPS 66 - 6,000 SHARES 453,241 419,640
    PROCTOR & GAMBLE COMPANY - 4,000 SHARES 258,168 556,560
    PROGRESSIVE CORP OHIO - 3,700 SHARES 229,017 365,856
    PRUDENTIAL FINANCIAL INC - 3,500 SHARES 297,036 273,245
    RATHEON CO. - 4,834 SHARES 342,046 345,679
    SIX FLAGS ENTERTAINMENT - 1,400 SHARES 74,414 47,740
    SKYWORKS SOLUTION INC. - 2,000 SHARES 138,007 305,760
    SMUCKERS J M CO- 1,750 SHARES 201,478 202,300
    SPDR SER TR BLOMBERG INV - 65,000 SHARES 994,310 988,057
    STRYKER CORP - 2,500 SHARES 407,472 612,600
    SYSCO CORP - 11,920 SHARES 341,054 885,179
    TACTILE SYS TECHNOLOGY, INC. - 7,000 SHARES 317,217 314,580
    THE SOUTHERN COMPANY - 5,000 SHARES 146,150 307,150
    TJX COS INC NEW - 6,000 SHARES 236,659 409,740
    TREEHOUSE FOODS INC; 7,500 SHARES 310,758 318,675
    UNION PACIFIC - 4,000 SHARES 294,905 832,880
    UNITED PARCEL SERVICE, INC - 3,000 SHARES 202,859 505,200
    VERIZON COMMUNICATIONS INC - 17,500 SHARES 797,989 1,028,125
    WABTEC CORP - 2,575 SHARES 157,698 188,490
    WALT DISNEY CORP - 3,500 SHARES 384,735 634,130
    WASTE MANAGEMENT INC DEL - 6,500 SHARES 239,446 766,545
    WEC ENERGY GROUP - 7,500 SHARES 361,097 690,225
    ARCHER DANIELS MIDLAND CO - 7,000 SHARES 258,680 352,870
    AUTOMATIC DATA PROCESSING INC - 1,000 SHARES 140,681 176,200
    CHEWY INC - 2,435 SHARES 128,378 218,882
    J & J SNACK FOODS - 985 SHARES 130,191 153,039
    PFIZER 121,978 110,430

    TY 2020 OtherExpensesSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MEETING EXPENSE 828 62   766
    OFFICE SUPPLIES 24,668 0   24,668
    INSURANCE 3,873 0   3,873
    INVESTMENT FEES 175 175   0
    MISCELLANEOUS 25 25   0


    TY 2020 TaxesSchedule
    Name:
    THE BUCHANAN FAMILY FOUNDATION
    EIN:
    36-6160998
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 5,369 403   4,966
    FOREIGN TAXES 7,251 7,251   0
    FEDERAL TAXES 26,695 0   0