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
First Midwest Charitable Foundation
 
% FIRST MIDWEST BANK
Number and street (or P.O. box number if mail is not delivered to street address)8750 W BRYN MAWR AVE 1300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60631
A Employer identification number

05-0545258
B Telephone number (see instructions)

(708) 831-7234
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$7,974,697J 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) 1,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 6 6  
4 Dividends and interest from securities... 105,287 105,287  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 738,672
b Gross sales price for all assets on line 6a 14,180,456
7 Capital gain net income (from Part IV, line 2)... 738,672
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........ 1,843,965 843,965  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc.        
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 23,500 23,500    
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 15     15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 23,515 23,500   15
25 Contributions, gifts, grants paid....... 1,611,500 1,611,500
26 Total expenses and disbursements. Add lines 24 and 25 1,635,015 23,500   1,611,515
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 208,950
b Net investment income (if negative, enter -0-) 820,465
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............. 200,047 329,363 329,363
2 Savings and temporary cash investments.........      
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)....... 3,912,380 Click to see attachment3,923,124 4,659,693
c Investments—corporate bonds (attach schedule)....... 2,808,763 Click to see attachment2,878,547 2,982,365
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) Click to see attachment4,170 Click to see attachment3,276 Click to see attachment3,276
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 6,925,360 7,134,310 7,974,697
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 6,925,360 7,134,310
30 Total liabilities and net assets/fund balances (see instructions). 6,925,360 7,134,310
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
6,925,360
2
Enter amount from Part I, line 27a .....................
2
208,950
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
7,134,310
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
7,134,310
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 1282. ACADIA PHARMACEUTICALS   2020-09-24 2020-10-26
b 18264. AGILE THERAPEUTICS INC   2020-07-15 2020-09-28
c 3000. AIMMUNE THERAPEUTICS INC   2020-02-28 2020-05-21
d 3400. AIMMUNE THEP-APEUTICS INC   2020-02-28 2020-08-31
e 700. THE ALLSTATE CORP   2019-07-31 2020-03-25
920. THE ALLSTATE CORP   2019-07-31 2020-04-01
7520. ALTIMMUNE INC   2020-06-25 2020-07-07
10000. ALTIMMUNE INC   2020-06-03 2020-07-09
4000. AMARIN CORP PLC - ADR   2019-02-21 2020-01-07
17858. AMARIN CORP PLC - ADR   2019-07-23 2020-03-31
11313. AMARIN CORP PLC - ADR   2020-06-05 2020-09-10
4229. BANK AMER CORP COM   2019-10-16 2020-01-21
4000. BANK AMER CORP COM   2019-10-16 2020-02-28
35500. BED BATH & BEYOND INC   2020-04-08 2020-04-29
19163. BLUE APRON HOLDINGS   2020-07-17 2020-10-02
6000. BLUE APRON HOLDINGS   2020-07-17 2020-10-19
20000. BLUE APRON HOLDINGS   2020-08-20 2020-11-06
24000. BLUE APRON HOLDINGS   2020-09-10 2020-11-13
450. BOEING COMPANY   2020-02-28 2020-03-31
5000. CASSAVA SCIENCES INC   2020-09-28 2020-11-06
40000. CERUS CORP   2020-01-21 2020-04-08
22125. CERUS CORP   2020-06-16 2020-06-23
20000. CERUS CORP   2020-06-16 2020-06-23
22537. CERUS CORP   2020-01-21 2020-07-07
20000. CERUS CORP   2020-01-21 2020-07-14
10000. CERUS CORP   2020-03-19 2020-07-17
15000. CERUS CORP   2020-09-28 2020-11-20
7207. DBV TECHNOLOGIES SA-SPON AD   2019-12-18 2020-04-01
17893. DBV TECHNOLOGIES SA-SPON AD   2020-03-19 2020-04-29
750. DECKERS OUTDOOR CORP   2020-03-19 2020-04-08
794. DECKERS OUTDOOR CORP   2020-03-19 2020-04-15
725. DECKERS OUTDOOR CORP   2020-05-21 2020-06-09
502. DECKERS OUTDOOR CORP   2020-05-21 2020-06-19
2400. EXXON MOBIL CORP   2020-02-28 2020-03-19
65645.593 FEDERATED HERMES ULTRASHORT BOND INST 108   2019-06-10 2020-04-08
46745.788 FEDERATED HERMES ULTRASHORT BOND INST 108   2020-06-03 2020-09-28
28047. GOGO INC,   2020-02-28 2020-04-01
62500. GOGO INC.   2020-04-08 2020-06-05
1500, HARLEY DAVIDSON   2020-06-03 2020-07-14
1819. HARLEY DAVIDSON   2020-06-03 2020-07-20
900. INVESCO QQQ TRUST SERIES 1 ETF   2020-04-15 2020-05-21
854. INVESCO QQQ TRUST SERIES 1 ETF   2020-04-15 2020-06-03
15000. INTRA-CELLULAR THERAPIES INC   2020-01-07 2020-06-23
15000. INTRA-CELLULAR THERAPIES INC   2020-06-16 2020-09-10
3406. INTRA-CELLULAR THERAPIES INC   2020-03-19 2020-09-28
2000. INTRA-CELLULAR THERAPIES INC   2020-03-19 2020-10-30
4000. IOVANCE BIOTHERAPEUTICS INC   2020-03-25 2020-07-15
2500. IOVANCE BIOTHERAPEUTICS INC   2020-03-25 2020-08-06
7219. IOVANCE BIOTHERAPEUTICS INC   2020-03-31 2020-08-20
1562. IOVANCE BIOTHERAPEUTICS INC   2020-09-24 2020-10-08
4878. ISHARES MSCI EMERGING MKT INDEX ETF   2019-09-24 2020-02-28
1780. I SHARES TR I BOXX INV CPBD   2019-04-02 2020-03-19
950. ISHARES TR S&P500 GRW   2019-09-18 2020-07-17
1500. ISHARES S&P 500 VALUE ETF   2019-09-11 2020-02-28
2350. ISHARES S&P 500 VALLLE ETF   2019-09-11 2020-04-01
1500. ISHARES TR MSCI EAFE INDEX FD   2019-09-24 2020-02-28
1576. ISHARES TR MSCI EAFE INDEX FD   2019-09-24 2020-03-19
500. ISHARES RUSSELL MID CAP GROWTH ETF   2019-12-24 2020-10-02
2200. ISHARES RUSSELL 2000 ETF   2019-08-23 2020-03-25
550. ISHARES RUSSELL 2000 ETF   2020-12-15 2020-12-30
1000. JP MORGAN CHASE & CO COM   2019-10-16 2020-01-21
1083. JP MORGAN CHASE & CO COM   2019-10-16 2020-02-28
1033. LPL FINANCIAL HOLDINGS. INC.   2020-06-03 2020-08-20
12500. LA JOLLA PHARMACEUTICAL CO   2020-03-19 2020-04-15
2276. LAZYDAYS HOLDINGD INC   2020-07-17 2020-08-07
3500. LAZYDAYS HOLDINGS INC   2020-07-17 2020-11-06
3500, LAZYDAYS HOLDINGS INC   2020-07-17 2020-11-13
1294. MEDIFAST INC   2020-02-28 2020-04-15
3980. MOTORCAR PARTS OF AMERICA   2020-06-19 2020-08-20
6670. MOTORCAR PARTS OF AMERICA   2020-04-08 2020-11-13
6230, NORDSTROM INC COMMON STOCK   2020-10-09 2020-10-19
3642. PFIZER INC   2020-02-28 2020-06-03
3944. RENT A CTR INC NEW   2020-04-08 2020-06-09
1500. RENT A CTR INC NEW   2020-04-08 2020-10-26
1500. RENT A CTR INC NEW   2020-04-08 2020-10-30
850. SPDR TR UNIT SER 1   2020-07-15 2020-10-30
1150, SPDR GOLD TRUST GOLD SHS   2020-09-28 2020-11-13
1151 SPDR GOLD TROST GOLD SHS   2020-09-28 2020-12-31
5000. SPDR BBG BARCLAYS IG FLOATING RT ETF   2019-06-10 2020-03-19
5000. SIX FLAGS ENTERTAINMENT CORP   2020-04-08 2020-05-21
5000. SIX FLAGS ENTERTAINMENT CORP   2020-04-08 2020-05-28
6794. SPORTSMAN'S WAREHOUSE HOLDINGS INC   2020-06-03 2020-06-19
60000. VBI VACCINES INC   2019-12-19 2020-05-21
52400. VBI VACCINES INC   2019-10-07 2020-06-16
500, WAYFAIR INC   2020-10-02 2020-11-06
1250. WAYFAIR INC   2020-10-02 2020-11-25
1818. WINTRUST FINANCIAL CORP   2020-06-03 2020-06-09
5000. ZOGENIX INC   2020-06-09 2020-07-14
8525. ZOGENIX INC   2020-02-28 2020-08-06
20000. QUOTIENT LTD   2020-04-08 2020-05-21
26818. QUOTIENT LTD   2020-03-19 2020-06-16
4842 . QUOTIENT LTD   2020-10-02 2020-11-17
1858. AMARIN CORP PLC - ADR   2019-02-27 2020-03-31
12793. DBV TECHNOLOGIES SA-SPON ADR   2018-12-26 2020-04-01
38760.1 FEDERATED HERMES ULTRASHORT BOND INST 1108   2016-12-29 2020-04-08
2500. INTRA-CELLULAR THERAPIES INC   2019-10-01 2020-10-09
2500. INTRA-CELLULAR THERAPIES INC   2019-10-07 2020-10-30
1125. ISHARES TR S&PS00 GRW   2019-09-18 2020-12-15
1150. ISHARES RUSSELL MID CAP GROWTH ETF   2019-07-23 2020-09-28
500. ISHARES ROSSELL MID CAP GROWTH ETF   2019-07-23 2020-10-02
950. ISHARES ROSSELL MID CAP GROWTH ETF   2019-12-24 2020-12-30
1000. ISHARES FLOATING RATE NOTE   2018-10-24 2020-03-19
1893. JOHNSON & JOHNSON CO   2019-05-30 2020-06-16
4400. MOTORCAR PARTS OF AMERICA INC   2019-08-23 2020-10-09
4000. MOTORCAR PARTS OF AMERICA INC   2019-08-23 2020-11-06
330. MOTORCAR PARTS OF AMERICA INC   2019-08-23 2020-11-13
5000. SPDR BBG BARCLAYS IG FLOATING RT ETF   2019-06-10 2020-09-28
3900. VANECK VECTORS INVT GR ETF FLTG RATE   2019-06-10 2020-08-06
1000. VANECK VECTORS INVT GR ETF FLTG RATE   2019-06-10 2020-10-08
2004.281 VANGUARD EOUITY INCOME - ALL   2017-03-23 2020-04-20
11373.976 VANGUARD FIXED INCOME SECS F STRM INVGRA ADMIRAL   2014-12-10 2020-10-08
15419. CALITHERA BIOSCIENCES INC   2020-06-05 2020-08-07
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(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 57,485   48,689 8,796
b 50,375   46,876 3,499
c 52,673   69,207 -16,534
d 116,195   41,679 74,516
e 60,446   75,611 -15,165
79,248   99,374 -20,126
84,509   67,310 17,199
206,105   88,332 117,773
80,996   87,500 -6,504
71,480   253,144 -181,664
47,533   76,941 -29,408
145,226   128,206 17,020
112,002   121,263 -9,261
233,670   187,584 46,086
131,252   257,065 -125,813
41,542   70,531 -28,989
109,692   158,891 -49,199
133,996   188,107 -54,111
68,293   121,917 -53,624
55,936   53,553 2,383
201,804   180,244 21,560
146,951   142,746 4,205
134,315   129,036 5,279
160,349   130,965 29,384
131,391   82,339 49,052
67,104   29,494 37,610
93,166   91,557 1,609
26,918   58,333 -31,415
113,591   62,587 51,004
107,097   67,558 39,539
110,523   71,522 39,001
142,019   121,141 20,878
99,274   83,880 15,394
81,097   121,654 -40,557
583,589   600,000 -16,411
429,126   425,000 4,126
56,527   90,612 -34,085
197,783   119,581 78,202
40,859   36,314 4,545
50,724   44,036 6,688
206,421   188,586 17,835
201,600   178,947 22,653
399,350   361,581 37,769
470,907   345,152 125,755
90,983   70,446 20,537
48,889   24,618 24,271
120,675   131,752 -11,077
77,597   74,535 3,062
208,563   200,483 8,080
44,574   49,631 -5,057
195,560   201,602 -6,042
194,142   220,282 -26,140
205,287   172,851 32,436
169,633   180,727 -11,094
215,334   283,140 -67,806
92,444   98,039 -5,595
73,836   103,006 -29,170
87,062   76,491 10,571
247,849   320,875 -73,026
108,249   106,836 1,413
136,989   119,529 17,460
123,601   129,450 -5,849
82,944   81,644 1,300
82,406   53,037 29,369
29,526   24,409 5,117
55,164   37,536 17,628
51,221   37,536 13,685
86,662   94,261 -7,599
71,781   63,660 8,121
122,028   88,827 33,201
77,257   86,704 -9,447
130,385   120,422 9,963
111,459   71,348 40,111
47,285   27,135 20,150
47,315   27,135 20,180
277,401   281,511 -4,110
203,559   202,194 1,365
67   66 1
129,878   153,362 -23,484
115,453   71,408 44,045
120,936   71,408 49,528
84,859   79,241 5,618
146,199   61,206 84,993
138,244   32,421 105,823
151,343   154,177 -2,834
312,825   324,917 -12,092
94,918   82,146 12,772
135,528   156,151 -20,623
199,374   244,362 -44,988
153,715   109,310 44,405
210,074   76,314 133,760
29,794   27,008 2,786
7,437   39,130 -31,693
47,781   78,754 -30,973
344,577   352,546 -7,969
67,162   20,118 47,044
61,111   20,118 40,993
70,257   51,173 19,084
196,857   168,010 28,847
87,062   73,048 14,014
97,841   72,666 25,175
43,290   50,964 -7,674
271,982   250,110 21,872
69,562   64,906 4,656
64,109   59,005 5,104
6,037   4,868 1,169
152,870   153,362 -492
97,898   98,086 -188
25,196   25,150 46
131,060   147,112 -16,052
125,000   121,290 3,710
68,121   81,576 -13,455
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
      13,243
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       8,796
b       3,499
c       -16,534
d       74,516
e       -15,165
      -20,126
      17,199
      117,773
      -6,504
      -181,664
      -29,408
      17,020
      -9,261
      46,086
      -125,813
      -28,989
      -49,199
      -54,111
      -53,624
      2,383
      21,560
      4,205
      5,279
      29,384
      49,052
      37,610
      1,609
      -31,415
      51,004
      39,539
      39,001
      20,878
      15,394
      -40,557
      -16,411
      4,126
      -34,085
      78,202
      4,545
      6,688
      17,835
      22,653
      37,769
      125,755
      20,537
      24,271
      -11,077
      3,062
      8,080
      -5,057
      -6,042
      -26,140
      32,436
      -11,094
      -67,806
      -5,595
      -29,170
      10,571
      -73,026
      1,413
      17,460
      -5,849
      1,300
      29,369
      5,117
      17,628
      13,685
      -7,599
      8,121
      33,201
      -9,447
      9,963
      40,111
      20,150
      20,180
      -4,110
      1,365
      1
      -23,484
      44,045
      49,528
      5,618
      84,993
      105,823
      -2,834
      -12,092
      12,772
      -20,623
      -44,988
      44,405
      133,760
      2,786
      -31,693
      -30,973
      -7,969
      47,044
      40,993
      19,084
      28,847
      14,014
      25,175
      -7,674
      21,872
      4,656
      5,104
      1,169
      -492
      -188
      46
      -16,052
      3,710
      -13,455
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2 738,672
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 11,404
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  
3 Add lines 1 and 2........................... 3 11,404
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,404
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 22,467
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,467
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8  
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 11,063
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet11,063 RefundedBullet 11  
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? Click to see list of attachments....................
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$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see list of attachments....
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.Click to see list of attachments
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 ofbulletFIRST MIDWEST BANK Telephone no.bullet (708) 831-7535

    Located atbullet8750 W BRYN MAWR AVE SUITE 1300CHICAGOIL ZIP+4bullet60631
    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
     
     
    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
     
     
    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
     
     
    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
    MICHAEL L SCUDDER PRESIDENT
    1.0     		0 0 0
    8750 W BRYN MAWR AVE 1300
    CHICAGO,IL60631
    CORLISS GARNER SECRETARY
    1.0     		0 0 0
    8750 W BRYN MAWR AVE 1300
    CHICAGO,IL60631
    HEIDI SMITHSON TREASURER
    1.0     		0 0 0
    8750 W BRYN MAWR AVE 1300
    CHICAGO,IL60631
    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
     
    Total number of other employees paid over $50,000...................bullet  
    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
     
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    Form 990-PF (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
    7,309,887
    b
    Average of monthly cash balances.......................
    1b
    428,568
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,738,455
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    7,738,455
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    116,077
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,622,378
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    381,119
    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
    381,119
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    11,404
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    11,404
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    369,715
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    369,715
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    369,715
    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
    1,611,515
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    0
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
    0
    b
    Cash distribution test (attach the required schedule) .................
    3b
    0
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    1,611,515
    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
    1,611,515
    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 7 369,715
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:2017, 2016, 2015  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015...... 36,397
    b From 2016...... 24,071
    c From 2017...... 29,302
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........ 89,770
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 1,611,515
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2020 distributable amount..... 369,715
    e Remaining amount distributed out of corpus 1,241,800
    5 Excess distributions carryover applied to 2020.    
    (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 1,331,570
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    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) .......     		 
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		36,397
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		1,295,173
    10 Analysis of line 9:
    a Excess from 2016.... 24,071
    b Excess from 2017.... 29,302
    c Excess from 2018.... 1,241,800
    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
    Recipient
    All Recipients are listed in
    Attachment 7
    Chicago,IL60631     		    SEE ATTACHMENT 7 1,611,500
    Total .................................bullet 3a 1,611,500
    bApproved for future payment
    Total .................................bullet 3b  
    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 ...........     		522100   14 6  
    4 Dividends and interest from securities.... 522100   14 105,287  
    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..... 522100   18 738,672  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		         
    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)..   843,965  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    843,965
    (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
    First Midwest Charitable Foundation
     
    Employer identification number

    05-0545258
    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
    First Midwest Charitable Foundation
          		Employer identification number
    05-0545258
    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
    FIRST MIDWEST BANK
    8750 W BRYN MAWR AVE SUITE1300
     
    CHICAGO, IL60631

    		$ 1,000,000


    (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
    First Midwest Charitable Foundation
          		Employer identification number

    05-0545258
    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
    First Midwest Charitable Foundation
          		Employer identification number

    05-0545258
    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:  

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

    TY 2020 DepreciationSchedule
    Name:
    First Midwest Charitable Foundation
    EIN:
    05-0545258
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    First Midwest Charitable Foundation
    EIN:
    05-0545258
    Name of Bond End of Year Book Value End of Year Fair Market Value
    DODGE & COX INCOME FD 1,526,675 1,591,967
    ISHARES BARCLAYS AGGREGATE 390,859 392,982
    VANECK VECTORS INVT GR ETF FLT 65,391 65,754
    VANGUARD FIXED INCOME SECS F S 895,622 931,662

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    First Midwest Charitable Foundation
    EIN:
    05-0545258
    Name of Stock End of Year Book Value End of Year Fair Market Value
    QUOTIENT LTD. 445,590 458,480
    AGILE THERAPEUTICS INC 176,587 258,300
    CASSAVA SCIENCES INC 242,902 190,414
    CERUS CORP 390,444 519,000
    DBV TECHNOLOGIES SA-SPON ADR 50,128 81,875
    GLOBAL BLOOD TERAPEUTICS INC 725,457 765,894
    ISHARES MSCL EMERGING MKT INDE 78,513 93,006
    ISHARES TR S&P500 GRW 129,649 183,483
    ISHARES S&P 500 VALUE ETF 493,286 576,090
    ISHARES MSCI EAFE INDEX FUND E 96,464 109,440
    ISHARES RUSSELL MID CAP GROWTH 152,982 205,300
    ISHARES RUSSELL 2000 ETF 106,836 107,833
    SPDR S&P 500 ETR TRUST 307,158 373,880
    VANGUARD 500 INDEX FD ADMIRAL 527,130 736,698

    TY 2020 OtherAssetsSchedule
    Name:
    First Midwest Charitable Foundation
    EIN:
    05-0545258
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ACCRUED INTEREST 4,170 3,276 3,276


    TY 2020 OtherExpensesSchedule
    Name:
    First Midwest Charitable Foundation
    EIN:
    05-0545258
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    IL CHARITY BUREAU FUND 15     15


    TY 2020 TaxesSchedule
    Name:
    First Midwest Charitable Foundation
    EIN:
    05-0545258
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    2019 INCOME TAX 2,500 2,500    
    2020 INCOME TAX 21,000 21,000