| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| ACCOUNTING FEES | 10,000 | 0 | 10,000 |
| Identifier | Return Reference | Explanation |
|---|---|---|
| IRC SECTION 507(B)(1)(B) STATUS TERMINATION: | FORM 990PF, PAGE 1, BOX F: | JANE ADDAMSLAND PARK FOUNDATION ("THE ORGANIZATION") IS IN A 60-MONTH TERMINATION UNDER SECTION 507(B)(1)(B) STARTING WTIH THE 2020 TAX YEAR. PLEASE SEE ATTACHED FOR A COPY OF THE IRS LETTER DATED MAY 24, 2020 FOR NOTIFICATION OF THE ADVANCED RULING. |
| FORM 990PF, PART XIII, UNDISTRIBUTED INCOME: | BECAUSE THE ORGANIZATION IS UNDER THE ADVANCED RULING (SEE STATEMENT 10), THE $115,212 ISN'T REQUIRED TO BE TREATED AS UNDISTRIBUTED INCOME DURING THE 60 MONTH TERMINATION PERIOD, AS LONG AS THE ORGANIZATION MEETS THE PUBLIC SUPPORT TEST IN ACCORDANCE WITH REGULATIONS 1.507-2(E)(1) AND (2). | |
| FORM 990PF, PART VI: | THE ORGANIZATION IS NOT SUBJECT TO THE NET INVESTMENT INCOME TAX FOR 2020 TAX YEAR BECAUSE IT IS UNDER AN ADVANCED RULING AND IN A 60-MONTH TERMINATION UNDER SECTION 507(B)(1)(B). THEREFORE, THE AMOUNT OF NET INVESTMENT TAX FOR 2020 IS ZERO AND THE AMOUNT OF OVERPAYMENT APPLIED TO THE 2021 TAX YEAR SHOULD BE $1,304. |
| Name of Bond | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| ISHARES CORE U.S. AGGREGATE BOND - AGG | 320,059 | 320,059 |
| PGIM TOTAL RETURN BOND CL R6 - PTRQX | 232,971 | 232,971 |
| AMERICAN CENTURY HIGH INCOME FUND Y - NPHIX | 58,056 | 58,056 |
| FEDERATED HERMES INSTL HI YLD BD IS - FIHBX | 57,994 | 57,994 |
| SCHWAB U S TIPS - SCHP | 21,542 | 21,542 |
| Name of Stock | End of Year Book Value | End of Year Fair Market Value |
|---|---|---|
| INVESCO QQQ TRUST - QQQ | 133,026 | 133,026 |
| T ROWE PRICE BLUE CHIP GROWTH FD - TRBCX | 249,940 | 249,940 |
| VANGUARD EQUITY INCOME ADM - VEIRX | 277,337 | 277,337 |
| VANGUARD GROWTH INDEX FUND ADM - VIGAX | 248,393 | 248,393 |
| VANGUARD 500 INDEX ADMIRAL - VFIAX | 767,873 | 767,873 |
| ISHARES RUSSELL MID CAP - IWR | 160,407 | 160,407 |
| STEPHENS MID CAP GROWTH R5 - SFMIX | 79,878 | 79,878 |
| T ROWE PRICE MID CAP GROWTH FD #64 - RPMGX | 123,758 | 123,758 |
| T ROWE PRICE MID CAP VALUE FUND - TRMCX | 62,368 | 62,368 |
| VANGUARD SMALL CAP GROWTH INDEX FUND - VSGAX | 21,389 | 21,389 |
| VANGUARD SMALL CAP INDEX FUND - VSMAX | 107,656 | 107,656 |
| CLEARBRIDGE INTERNATIONAL GROWTH - LMGNX | 106,536 | 106,536 |
| ISHARES CORE MSCI EAFE - IEFA | 79,384 | 79,384 |
| VANGUARD INTERNATIONAL GROWTH FUND - VWILX | 189,044 | 189,044 |
| BARON EMERGING MARKETS INSTITUTIONAL - BEXIX | 85,479 | 85,479 |
| ISHARES MSCI EMERGING MARKETS - EEM | 82,259 | 82,259 |
| Description | Revenue and Expenses per Books | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| LAND MAINTENANCE | 47,418 | 0 | 109,919 | |
| INSURANCE | 3,656 | 0 | 3,656 | |
| BANK FEES | 27 | 0 | 27 |
| Description | Revenue And Expenses Per Books | Net Investment Income | Adjusted Net Income |
|---|---|---|---|
| NONDIVIDEND DISTRIBUTIONS | 50 | 0 | 0 |
| Description | Amount |
|---|---|
| UNREALIZED GAIN | 474,013 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| INVESTMENT MANAGEMENT FEES | 17,589 | 17,589 | 0 |
| Category | Amount | Net Investment Income | Adjusted Net Income | Disbursements for Charitable Purposes |
|---|---|---|---|---|
| PROPERTY TAXES | 9,385 | 0 | 9,385 | |
| EXCISE TAX | 7,250 | 0 | 0 | |
| STATE FILING FEES | 15 | 0 | 15 | |
| FOREIGN TAXES | 516 | 516 | 0 |