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
Walder Foundation
 
% Foundation Source
Number and street (or P.O. box number if mail is not delivered to street address)Foundation Source 501 Silverside Rd
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Wilmington, DE198091377
A Employer identification number

46-4092041
B Telephone number (see instructions)

(800) 839-1754
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$265,230,373J 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) 5,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 106,096 99,266  
4 Dividends and interest from securities... 4,995,518 4,993,463  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,028,331
b Gross sales price for all assets on line 6a 96,482,554
7 Capital gain net income (from Part IV, line 2)... 9,012,614
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........ 14,134,945 14,105,343  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 40,159     40,159
14 Other employee salaries and wages...... 1,150,896     1,150,896
15 Pension plans, employee benefits....... 261,182     261,182
16a Legal fees (attach schedule)......... Click to see attachment 697,973 0 0 697,973
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment 1,110,581 512,483   597,204
17 Interest............... 99,915 99,523    
18 Taxes (attach schedule) (see instructions)... Click to see attachment 107,831 360    
19 Depreciation (attach schedule) and depletion... Click to see attachment 161,241    
20 Occupancy.............. 233,919     233,919
21 Travel, conferences, and meetings....... 20,018     20,018
22 Printing and publications.......... 2,537     2,537
23 Other expenses (attach schedule)....... Click to see attachment 162,155 486   161,512
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,048,407 612,852 0 3,165,400
25 Contributions, gifts, grants paid....... 27,441,278 27,441,278
26 Total expenses and disbursements. Add lines 24 and 25 31,489,685 612,852 0 30,606,678
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -17,354,740
b Net investment income (if negative, enter -0-) 13,492,491
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......... 22,162,531 5,245,974 5,245,974
3 Accounts receivable bullet27,678
Less: allowance for doubtful accounts bullet   17,054 27,678 27,678
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) 53,542,498 Click to see attachment46,209,516 48,790,063
b Investments—corporate stock (attach schedule)....... 112,526,275 Click to see attachment127,498,500 159,877,966
c Investments—corporate bonds (attach schedule)....... 48,853,650 Click to see attachment44,667,203 49,693,885
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,029,500    
14 Land, buildings, and equipment: basis bullet1,475,208
Less: accumulated depreciation (attach schedule) bullet240,401 1,441,018 Click to see attachment1,234,807 1,234,807
15 Other assets (describe bullet)   Click to see attachment360,000 Click to see attachment360,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 239,572,526 225,243,678 265,230,373
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)   Click to see attachment3,001,458
23 Total liabilities (add lines 17 through 22)......... 0 3,001,458
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 239,572,527 222,242,220
29 Total net assets or fund balances (see instructions)..... 239,572,527 222,242,220
30 Total liabilities and net assets/fund balances (see instructions). 239,572,527 225,243,678
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
239,572,527
2
Enter amount from Part I, line 27a .....................
2
-17,354,740
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
24,433
4
Add lines 1, 2, and 3 ..........................
4
222,242,220
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
222,242,220
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      
b STATE OF ISRAEL BOND - 4.000% - 06/30/2022 P 2018-08-27 2020-08-04
c ALLOCATED TO UBTI-ACQ INDEBTEDNESS      
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 95,415,954   86,424,723 8,991,231
b 1,066,600   1,029,500 37,100
c       -15,717
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       8,991,231
b       37,100
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 9,012,614
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................................ 1 187,546
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........................... 3 187,546
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- ..... 5 187,546
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 65,765
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 121,790
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 187,555
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 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 9
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet9 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? ....................
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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
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)
    bulletDE, IL
    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 addressbullet  
    14
    The books are in care ofbulletFoundation Source Telephone no.bullet (800) 839-1754

    Located atbullet501 Silverside Road Suite 123WilmingtonDE ZIP+4bullet198091377
    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
    Yes
     
    ........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
    Yes
     
    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
     
    No
    .........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). Click to see attachment
    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
    Jeffrey L SweetClick to see attachment Treas, VP
    18.0     		40,159 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Elizabeth WalderClick to see attachment Pres, Sec, Dir
    30.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    Joseph WalderClick to see attachment Dir
    1.0     		0 0 0
    Foundation Source 501 Silverside Rd
    Wilmington,DE198091377
    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
    Sandra Laney SR PROGRAM DIRECTOR
    40.0     		220,360 28,996  
    5215 OLD ORCHARD RD STE 1050
    SKOKIE,IL60077
    MEAGAN LEARY SR PROGRAM DIRECTOR
    40.0     		157,659 9,800  
    5215 OLD ORCHARD RD STE 1050
    SKOKIE,IL60077
    Juliana Kerr SR PROGRAM DIRECTOR
    40.0     		133,693 9,157  
    5215 OLD ORCHARD RD STE 1050
    SKOKIE,IL60077
    JACK WESTWOOD SR PROGRAM OFFICER
    40.0     		128,589 31,158  
    5215 OLD ORCHARD RD STE 1050
    SKOKIE,IL60077
    CHRISTINA TIMMINS DIR OF COMMUNICATION
    40.0     		123,797 14,301  
    5215 OLD ORCHARD RD STE 1050
    SKOKIE,IL60077
    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
    McDermott Will & Emery LLP Legal 692,879
    PO Box 1675
    CAROL STREAM,IL601326043
    William Blair & company llc Investment Mgmt 513,377
    150 north riverside plaza
    CHICAGO,IL60606
    Foresight Design Initiative Philanthropic 138,540
    4619 N Ravenswood Suite 305
    CHICAGO,IL60640
    Jasculca Terman and Associates Inc marketing 110,900
    730 North Franklin Street Suite 51
    CHICAGO,IL60654
    Foundation Source Administrative 95,000
    55 Walls Drive 3rd Fl
    FAIRFIELD,CT06824
    Total number of others receiving over $50,000 for professional services.............bullet2
    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 YESHIVA SHEARIS YISROEL INC - EXPENSES ASSOCIATED WITH RELIGIOUS AND CHARITABLE OPERATIONS 360,000
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet360,000
    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
    239,478,727
    b
    Average of monthly cash balances.......................
    1b
    8,022,312
    c
    Fair market value of all other assets (see instructions)................
    1c
    632,383
    d
    Total (add lines 1a, b, and c).........................
    1d
    248,133,422
    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
    347,386
    3
    Subtract line 2 from line 1d.........................
    3
    247,786,036
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    3,716,791
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    244,069,245
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    12,203,462
    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
    12,203,462
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    187,546
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    4,258
    c
    Add lines 2a and 2b............................
    2c
    191,804
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    12,011,658
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    76,374
    5
    Add lines 3 and 4............................
    5
    12,088,032
    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
    12,088,032
    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
    30,606,678
    b
    Program-related investments—total from Part IX-B..................
    1b
    360,000
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
    11,404
    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
    30,978,082
    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
    30,978,082
    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 12,088,032
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 2,108,232
    b Total for prior years:2018, 2017, 2016  
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018......  
    e From 2019......  
    fTotal of lines 3a through e........  
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 30,978,082
    a Applied to 2019, but not more than line 2a 2,108,232
    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..... 12,088,032
    e Remaining amount distributed out of corpus 16,781,818
    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 16,781,818
    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 .............     		 
    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) ...     		 
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		16,781,818
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018....  
    d Excess from 2019....  
    e Excess from 2020.... 16,781,818
    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).)
    Elizabeth Walder
    Joseph Walder
    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
    3ARTS INC
    180 N MICHIGAN AVE STE 329
    CHICAGO,IL60601     		N/A PC general operating support; the arts for Illinois relief fund for performing artists in the greater Chicago metropolitan region 900,000
    3ARTS INC
    180 N MICHIGAN AVE STE 329
    CHICAGO,IL60601     		N/A PC 3Arts Awards Presenting Partnership 125,000
    AFRICAN AMERICAN ARTS ALLIANCE OF CHICAGO
    4450 N CLARK ST
    CHICAGO,IL60640     		N/A PC Supporting Salary of the Executive Director 40,000
    AGUDATH ISRAEL OF ILLINOIS
    3542 W PETERSON AVE
    CHICAGO,IL60659     		N/A PC Chicago Jewish Emergency Assistance Fund 300,000
    AISH GLOBAL INC
    915 CLIFTON AVE STE 4
    CLIFTON,NJ07013     		N/A PC Aish TV Studio 60,000
    ALBANY PARK COMMUNITY CENTER INC
    5101 N KIMBALL AVE
    CHICAGO,IL60625     		N/A PC General & Unrestricted 10,000
    ALIANZA AMERICAS
    1004 CLARENCE AVE
    OAK PARK,IL60304     		N/A PC Transforming Human Connections: Reimagining Strategies for immigrant justice 67,500
    ALLIANCE FOR THE GREAT LAKES
    150 N MICHIGAN AVE
    CHICAGO,IL60601     		N/A PC Public Health and Environmental Justice in Southeast chicago 80,000
    ALLIANCE OF FILIPINOS FOR IMMIGRANT RIGHTS AND EMP
    4300 N CALIFORNIA AVE FL2
    CHICAGO,IL60618     		N/A PC Bayanihan Spirit: Resilience Through Innovation program 65,000
    AMERICAN FRIENDS OF HALA
    3612 SHANNON RD
    CLEVELAND,OH44118     		N/A PC to purchase Digital Tomosynthesis Mammography Machine 227,583
    AMERICAN IMMIGRATION COUNCIL INC
    1331 G ST NW 2ND FL
    WASHINGTON,DC20005     		N/A PC the Ad Council campaign and communications staff time fund 180,000
    ANN & ROBERT H LURIE CHILDRENS HOSPITAL OF CHICAGO
    225 E CHICAGO AVE BOX 4
    CHICAGO,IL60611     		N/A PC Surveillance, Transmission Dynamics, and Disparities of covid-19 among Chicago children 700,000
    ARTISTS COOPERATIVE RESIDENCY AND EXHIBITIONS PROJ
    1345 W 19TH ST
    CHICAGO,IL60608     		N/A PC Chicago Arts Census 50,000
    ASIAN AMERICANS ADVANCING JUSTICE - CHICAGO
    4753 N BROADWAY ST STE 502
    CHICAGO,IL60640     		N/A PC the Campaign to Combat Hate 50,000
    ASIAN AMERICANS ADVANCING JUSTICE - CHICAGO
    4753 N BROADWAY ST STE 502
    CHICAGO,IL60640     		N/A PC Midwest Asian American Network 100,000
    ASSOCIATED TALMUD TORAHS OF CHICAGO
    3531 MADISON ST
    SKOKIE,IL60076     		N/A PC Cash assistance fund for employees impacted by Covid-19 50,000
    BAIS YAAKOV HIGH SCHOOL OF CHICAGO
    5800 N KIMBALL AVE
    CHICAGO,IL60659     		N/A PC capital expenses fund in connection with the renovation of school building 100,000
    BRIGHTON PARK NEIGHBORHOOD COUNCIL
    4477 S ARCHER AVE
    CHICAGO,IL60632     		N/A PC Immigration Rights Program 75,000
    CATHOLIC CHARITIES OF THE ARCHDIOCESE OF CHICAGO
    721 N LASALLE DR 6TH FLR
    CHICAGO,IL60654     		N/A PC Wrap-Around Services to Immigrants - One Attorney in Lake County and ESL and civics programming 87,500
    CEDILLE CHICAGO NFP
    1205 W BALMORAL AVE
    CHICAGO,IL60640     		N/A PC General & Unrestricted 250
    CENTER FOR COMMUNITY SELF-HELP
    301 W MAIN ST
    DURHAM,NC27701     		N/A PC Small Loans fund to Help Immigrants with their Immigration applications and pilot initiative 150,000
    CENTER FOR COMPUTATIONAL SCIENCE RESEARCH INC
    541 N FAIRBANKS CT STE 2200
    CHICAGO,IL60611     		N/A PC Surveying SARS-CoV-2 Genomes and Public Data in Near real-time for pandemic response fund in Chicago 260,000
    CENTRO ROMERO
    6216 N CLARK ST
    CHICAGO,IL60660     		N/A PC Capacity-Building Project 100,000
    CHABAD JEWISH CENTER OF GURNEE INC
    17684 W GAGES LAKE RD
    GRAYSLAKE,IL60030     		N/A PC the property addition fund at 17662 and 17684 gages lake road in grays lake, IL 100,000
    CHABAD OF DURHAM INC
    6514 GLEN FOREST DR
    CHAPEL HILL,NC27517     		N/A PC General & Unrestricted 250,000
    CHABAD OF DURHAM INC
    6514 GLEN FOREST DR
    CHAPEL HILL,NC27517     		N/A PC mortgage lenders & building contractors payments fund for both locations 41,667
    CHAI LIFELINE INC
    151 W 30TH ST
    NEW YORK,NY10001     		N/A PC Case Management fund 54,000
    CHICAGO ACADEMY OF SCIENCES - THE PEGGY NOTEBAERT
    2430 N CANON DR
    CHICAGO,IL60614     		N/A PC Expanding and Deepening Work in Digital Outreach program 40,000
    CHICAGO AREA PROJECT
    55 E JACKSON BLVD STE 90
    CHICAGO,IL60604     		N/A PC Educ-Action Project 40,000
    CHICAGO BILINGUAL NURSE CONSORTIUM
    2800 S WESTERN AVE NO 1203
    CHICAGO,IL60608     		N/A PC Expanding CNBC's Reach Project 100,000
    CHICAGO CENTER FOR TORAH & CHESED INC
    6557 N LINCOLN AVE
    LINCOLNWOOD,IL60712     		N/A PC the renovation fund for the existing building located at 6557 lincoln ave, lincolnwood, IL 250,000
    CHICAGO CHESED FUND INC
    7045 N RIDGEWAY AVE
    LINCOLNWOOD,IL60712     		N/A PC Covid-19 Response fund 180,000
    CHICAGO COMMUNITY FOUNDATION
    225 N MICHIGAN AVE STE 2200
    CHICAGO,IL60601     		N/A PC Art Work Fund's THINK EXPLORE SHARE 250,000
    CHICAGO COMMUNITY FOUNDATION
    225 N MICHIGAN AVE STE 2200
    CHICAGO,IL60601     		N/A PC Arts Work Fund's arts for illinois relief fund 150,000
    CHICAGO COMMUNITY FOUNDATION
    225 N MICHIGAN AVE STE 2200
    CHICAGO,IL60601     		N/A PC Arts Work Fund's Arts for Illinois Relief Fund 550,000
    CHICAGO COMMUNITY FOUNDATION
    225 N MICHIGAN AVE STE 2200
    CHICAGO,IL60601     		N/A PC the Illinois Business Immigration Coalition 50,000
    CHICAGO COMMUNITY FOUNDATION
    225 N MICHIGAN AVE STE 2200
    CHICAGO,IL60601     		N/A PC IFC fund for the general operating purposes and covid-19 crisis response 180,000
    CHICAGO COUNCIL ON GLOBAL AFFAIRS
    180 N STETSON AVE STE 1400
    CHICAGO,IL60601     		N/A PC Study and comprehensive report fund on chicago and immigration: an overview and gap analysis 125,000
    CHICAGO COUNCIL ON SCIENCE ANDTECHNOLOGY
    10 W 35TH ST 10TH FL
    CHICAGO,IL60616     		N/A PC To create Science from the Frontline series 7,200
    CHICAGO DANCEMAKERS FORUM
    159 E WALTON PL APT 20A
    CHICAGO,IL60611     		N/A PC City-Wide Production Residency Pilot Project 86,000
    CHICAGO HORTICULTURAL SOCIETY - CHICAGO BOTANIC GA
    1000 LAKE COOK RD
    GLENCOE,IL60022     		N/A PC Enhancing Budburst to Better Serve Diverse Audiences 98,403
    CHICAGO IRISH IMMIGRANT SUPPORT
    4626 N KNOX AVE 308B
    CHICAGO,IL60630     		N/A PC Immigration Services Improvement Project - Funding for salesforce database and other technology related expenses 25,000
    CHICAGO LATINO THEATER ALLIANCE
    180 N MICHIGAN AVE STE 305
    CHICAGO,IL60601     		N/A PC General & Unrestricted 50,000
    CHICAGO MEZUZAH AND MITZVAH CAMPAIGN
    2939 W TOUHY AVE
    CHICAGO,IL60645     		N/A PC the renovation of the building fund at 6745 N. California ave, Chicago, IL 60645 1,500,000
    CHICAGO PARKS FOUNDATION
    541 N FAIRBANKS COURT
    CHICAGO,IL60611     		N/A PC Chicago Citywide Cultural Center Ecosystem 125,000
    CHINESE AMERICAN SERVICE LEAGUE INC
    2141 S TAN CT
    CHICAGO,IL60616     		N/A PC Legal Services fund 87,500
    CHINESE MUTUAL AID ASSOCIATION INC
    1016 W ARGYLE ST
    CHICAGO,IL60640     		N/A PC Workforce Development as Resilience 50,000
    CITY OF CHICAGO
    121 N LASALLE RM 700
    CHICAGO,IL60602     		N/A GOV Department of Cultural Affairs and Special Events' covid relief fund for performing arts venues 500,000
    CITY OF CHICAGO
    121 N LASALLE RM 700
    CHICAGO,IL60602     		N/A GOV Walder ONA Fellow fund 95,000
    COLUMBIA COLLEGE CHICAGO
    600 S MICHIGAN AVE
    CHICAGO,IL60605     		N/A PC Digital Expansions Residency Project 75,000
    COMMUNITIES UNITED
    4749 N KEDZIE
    CHICAGO,IL60625     		N/A PC Strengthening the Sustainability of Immigrant Communities: The connection between housing and immigrant rights 72,500
    COMMUNITY ACTIVISM LAW ALLIANCE
    405 W SUPERIOR ST
    CHICAGO,IL60654     		N/A PC Community-Located, Community-Operated, and Community-directed legal aid fund 72,500
    CONSTELLATION PERFORMING ARTS
    2821 N MAPLEWOOD AVE
    CHICAGO,IL60618     		N/A PC Production Underwriting Program 50,000
    CROSSING BORDERS MUSIC COLLECTIVE
    1232 W ARTHUR AVE
    CHICAGO,IL60626     		N/A PC General & Unrestricted 250
    CROSSROADS FUND
    3411 W DIVERSEY AVE STE 20
    CHICAGO,IL60647     		N/A PC Capacity Building Initiative and Cultivate: Women of color leadership fund 250,000
    DELTA INSTITUTE
    35 E WACKER DR STE 1200
    CHICAGO,IL60601     		N/A PC General & Unrestricted 50,000
    ELASTIC ARTS FOUNDATION
    3429 W DIVERSEY AVE
    CHICAGO,IL60647     		N/A PC Digital Production Support 26,000
    ENLACE CHICAGO
    2756 S HARDING AVE
    CHICAGO,IL60623     		N/A PC Little Village Pandemic Response fund 87,500
    ENRICH CHICAGO
    1852 W 19TH ST
    CHICAGO,IL60608     		N/A PC General & Unrestricted 50,000
    ENVIRONMENTAL LAW & POLICY CENTER OF THE MIDWEST
    35 E WACKER DR STE 1600
    CHICAGO,IL60601     		N/A PC Charitable Event 5,000
    ENVIRONMENTAL LAW & POLICY CENTER OF THE MIDWEST
    35 E WACKER DR STE 1600
    CHICAGO,IL60601     		N/A PC Science-Based Legal and Policy Advocacy and Sponsorship of the science/policy confluence conference and related symposia 100,000
    ENVIRONMENTAL LAW & POLICY CENTER OF THE MIDWEST
    35 E WACKER DR STE 1600
    CHICAGO,IL60601     		N/A PC The COVID-19 Collaborative Technology Fund for Equipment, training and infrastructure 75,000
    EXPERIMENTAL SOUND STUDIO
    5925 N RAVENSWOOD AVE
    CHICAGO,IL60660     		N/A PC The Quarantine Concerts fund 50,000
    FAITH IN PLACE
    70 E LAKE ST STE 920
    CHICAGO,IL60601     		N/A PC Engaging Chicago Region Communities of Color during covid-19 to advance grassroots environmental connections and leadership 74,244
    FAMILY FOCUS INC
    310 S PEORIA ST STE 301
    CHICAGO,IL60607     		N/A PC General & Unrestricted 10,000
    FIELD MUSEUM OF NATURAL HISTORY
    1400 S LAKE SHORE DR
    CHICAGO,IL60605     		N/A PC A Nature-Centered Recovery fund from COVID-19 in Chicago communities 151,917
    FOREFRONT
    200 W MADISON ST 2ND FL
    CHICAGO,IL60606     		N/A PC Fresh Taste Initiative chicago region food system fund 500,000
    FOREFRONT
    200 W MADISON ST 2ND FL
    CHICAGO,IL60606     		N/A PC Fresh Taste - Illinois Regenerative Agriculture Initiative 115,000
    FOREFRONT
    200 W MADISON ST 2ND FL
    CHICAGO,IL60606     		N/A PC Fresh Taste Initiative chicago region food system fund 100,000
    FOREST PRESERVE FOUNDATION INC
    69 W WASHINGTON ST STE 2040
    CHICAGO,IL60602     		N/A PC Virtual Symposium Sponsorship-Invited Speaker Honorarium fund 5,000
    FRIENDS OF JERUSALEM COLLEGE OF TECHNOLOGY LTD
    1 W 34TH ST RM 801
    NEW YORK,NY10001     		N/A PC the Torah and Technology Research Center 227,500
    FRIENDS OF REFUGEES OF EASTERN EUROPE INC
    2935 W DEVON AVE
    CHICAGO,IL60659     		N/A GOV Construction and Operation fund of FREE's Mikveh 90,000
    FRIENDS OF THE CHICAGO RIVER
    411 S WELLS ST STE 800
    CHICAGO,IL60607     		N/A PC Nature Belongs to You Program 100,000
    FRIENDS OF THE FOREST PRESERVES
    411 S WELLS ST STE 300
    CHICAGO,IL60607     		N/A PC General & Unrestricted 50,000
    FRIENDS OF THE FOREST PRESERVES
    411 S WELLS ST STE 300
    CHICAGO,IL60607     		N/A PC Engagement and Outreach Programs 133,844
    FRIENDS OF THE FOREST PRESERVES
    411 S WELLS ST STE 300
    CHICAGO,IL60607     		N/A PC the 2020 Chicago wilderness congress fund 5,000
    FRIENDS OF THE PARKS
    17 N STATE ST STE 1450
    CHICAGO,IL60602     		N/A PC Pandemic Park Promotion Project 95,000
    GARFIELD PARK CONSERVATORY ALLIANCE
    300 N CENTRAL PARK AVE
    CHICAGO,IL60624     		N/A PC Growing Connections in Nature Program in Garfield Park 68,000
    GORDON RESEARCH CONFERENCES
    512 LIBERTY LN
    WEST KINGSTON,RI02892     		N/A PC Charitable Event 5,000
    HEARTLAND ALLIANCE FOR HUMAN NEEDS & HUMAN RIGHTS
    208 S LASALLE ST STE 1300
    CHICAGO,IL60604     		N/A PC national immigrant justice center - support of new staff roles in Development, Communications and removal defense, and partial support for one of the fellowship positions 175,000
    HIAS INC
    411 5TH AVE 10TH FL
    NEW YORK,NY10016     		N/A PC mental health and wellness services fund to refugee individuals and families during the covid-19 pandemic 250,000
    HIGH CONCEPT LABORATORIES NFP
    2233 S THROOP ST
    CHICAGO,IL60608     		N/A PC General & Unrestricted 25,000
    HISPANIC AMERICAN COMMUNITY EDUCATION AND SERVICES
    820 W GREENWOOD AVE
    WAUKEGAN,IL60087     		N/A PC Quality Legal Services for All Program 75,000
    HOLOCAUST MEMORIAL FOUNDATION OF ILLINOIS INC
    9603 WOODS DR
    SKOKIE,IL60077     		N/A PC General & Unrestricted 125,000
    ILLINOIS ARTS ALLIANCE
    200 W MADISON ST FL 3
    CHICAGO,IL60606     		N/A PC Charitable Event 10,000
    ILLINOIS ARTS ALLIANCE
    200 W MADISON ST FL 3
    CHICAGO,IL60606     		N/A PC General Operating Support 50,000
    ILLINOIS COALITION FOR IMMIGRANT AND REFUGEE RIGHT
    55 E JACKSON BLVD STE 2075
    CHICAGO,IL60604     		N/A PC Advancing Racial Equity: Black/Brown Organizing and education program 100,000
    ILLINOIS COALITION FOR IMMIGRANT AND REFUGEE RIGHT
    55 E JACKSON BLVD STE 2075
    CHICAGO,IL60604     		N/A PC Southwest Suburban Immigrant Project - The People's Clinic 62,500
    ILLINOIS ENVIRONMENTAL COUNCIL EDUCATION FUND
    520 E CAPITOL AVE
    SPRINGFIELD,IL62701     		N/A PC Developing Chicago's Conservation Leadership 100,000
    ILLINOIS HUMANITIES COUNCIL INCORPORATED
    125 S CLARK ST STE 650
    CHICAGO,IL60603     		N/A PC General & Unrestricted 25,000
    ILLINOIS PRIMARY HEALTH CARE ASSOCIATION
    500 S 9TH ST
    SPRINGFIELD,IL62701     		N/A PC to purchase Personal protective equipment for Illinois federally qualified health clinics to protect front line health workers 300,000
    IMAGINATION PRODUCTIONS INC
    11110 W OAKLAND PARK BLVD STE 288
    SUNRISE,FL33351     		N/A PC A Place to Rise Program: Exploring the Connection Between american jews and african americans 100,000
    INGENUITY INCORPORATED CHICAGO
    440 N WELLS ST STE 505
    CHICAGO,IL60654     		N/A PC ArtsEd Response Collective Strategy Implementation project 50,000
    INNOVATION AFRICA
    520 8TH AVE 15TH FL
    NEW YORK,NY10018     		N/A PC Nakapa Drip Project 20,000
    INSTITUTE FOR LATINO PROGRESS
    2520 S WESTERN AVE
    CHICAGO,IL60608     		N/A PC Immigrant Empowerment for a Digital Age Project 50,000
    INTERNATIONAL LATINO CULTURAL CENTER OF CHICAGO
    55 W VAN BUREN ST STE 310
    CHICAGO,IL60605     		N/A PC General & Unrestricted 25,000
    JAZZ INSTITUTE OF CHICAGO INC
    410 S MICHIGAN AVE STE 500
    CHICAGO,IL60605     		N/A PC General & Unrestricted 50,000
    JEWISH CHILD AND FAMILY SERVICES
    216 W JACKSON BLVD STE 700
    CHICAGO,IL60606     		N/A PC HIAS Chicago Holistic COVID-19 Immigration Support fund 60,000
    JEWISH FEDERATION OF METROPOLITAN CHICAGO
    30 S WELLS ST
    CHICAGO,IL60606     		N/A PC 2020 Metropolitan Chicago Jewish Population Study, including the orthodox supplement 193,000
    JEWISH FEDERATION OF METROPOLITAN CHICAGO
    30 S WELLS ST
    CHICAGO,IL60606     		N/A PC JUF Covid-19 Initiative 1,000,000
    JEWISH FEDERATION OF METROPOLITAN CHICAGO
    30 S WELLS ST
    CHICAGO,IL60606     		N/A PC Arie Crown Hebrew Day School Capital Project 1,500,000
    JEWISH UNITED FUND OF METROPOLITAN CHICAGO
    BEN GURION WAY 30 S WELLS ST
    CHICAGO,IL60606     		N/A PC the space planning and design of the Horwich JCC 175,000
    JOAN DACHS BAIS YAAKOV ELEMENTARY SCHOOL-YESHIVAS
    6100 N CALIFORNIA AVE
    CHICAGO,IL60659     		N/A PC General Support 250,000
    JOHNS HOPKINS UNIVERSITY
    3400 N CHARLES ST 146 GARLAND HALL
    BALTIMORE,MD21218     		N/A PC to support the research activities of Dr. Scott Bailey's laboratory in the Department of Biochemistry and Molecular Biology 200,000
    KEHILLAH JEWISH EDUCATION FUND
    5215 OLD ORCHARD RD STE 450
    SKOKIE,IL60077     		N/A PC Covid-19 relief fund 500,000
    KEREN HAYESHIVOT TRUST
    1954 E 5TH ST
    BROOKLYN,NY11223     		N/A PC Eretz Chemdah Institute 120,000
    KLEZMER MUSIC FOUNDATION
    4025 HARVARD TER
    SKOKIE,IL60076     		N/A PC General & Unrestricted 250
    LATIN WOMEN IN ACTION
    2124 W 21ST PL
    CHICAGO,IL60608     		N/A PC Lifting the Leadership of Mujeres Latinas Program 75,000
    LATINO POLICY FORUM
    180 N MICHIGAN AVE STE 1250
    CHICAGO,IL60601     		N/A PC Pursuing Latino Equity Program 87,500
    LATINOS PROGRESANDO
    3047 W CERMAK RD
    CHICAGO,IL60623     		N/A PC to fund COVID-19 Recovery and Strategic Planning 150,000
    LAWYERS FOR THE CREATIVE ARTS
    161 N CLARK ST STE 4300
    CHICAGO,IL60601     		N/A PC COVID-19 Related Legal and Educational Services fund for greater chicago based performing arts organizations 100,000
    LEAGUE OF CHICAGO THEATRES FOUNDATION
    17 N WABASH
    CHICAGO,IL60602     		N/A PC General & Unrestricted 25,000
    LIBENU
    8052 MONTICELLO AVE
    SKOKIE,IL60076     		N/A PC General & Unrestricted 50,000
    LIBENU
    8052 MONTICELLO AVE
    SKOKIE,IL60076     		N/A PC General Operating Support, Lev Respite, and Residential facilities fund 120,000
    LINKS HALL INCORPORATED
    3111 N WESTERN AVE
    CHICAGO,IL60618     		N/A PC Communications Technology and Audience Engagement initiative 75,000
    LITTLE VILLAGE ENVIRONMENTAL JUSTICE ORGANIZATION
    2445 S SPAULDING AVE
    CHICAGO,IL60623     		N/A PC Chicago Frontline Funding Initiative COVID-19 EJ Emergency response fund 36,000
    LOGAN SQUARE NEIGHBORHOOD ASSOC INC
    2840 N MILWAUKEE AVE
    CHICAGO,IL60618     		N/A PC COVID-19 Resilience fund: Reimagining an Immigrant-Welcoming city 70,000
    LOYOLA UNIVERSITY OF CHICAGO
    820 N MICHIGAN AVE
    CHICAGO,IL60611     		N/A PC COVID Equity Response Collaborative Loyola fund 546,000
    LOYOLA UNIVERSITY OF CHICAGO
    820 N MICHIGAN AVE
    CHICAGO,IL60611     		N/A PC Sponsorship of the Climate Migration Plenary Panel at the 2020 loyola climate change conference 5,000
    LUBAVITCH GIRLS HIGH SCHOOL INC
    6350 N WHIPPLE ST
    CHICAGO,IL60659     		N/A PC Capital expenses fund associated construction of a new school building 1,000,000
    MACHON INC
    3702 FORDS LN
    BALTIMORE,MD21215     		N/A PC General Operating Support 75,000
    MANO A MANO FAMILY RESOURCE CENTER
    6 E MAIN ST
    ROUND LAKE PK,IL60073     		N/A PC Project Puentes - Funding for the Community Building director position 100,000
    MERKOS LINYONEI CHINUCH LUBAVITCH CHABAD OF ILLINO
    2833 W HOWARD ST
    CHICAGO,IL60645     		N/A PC construction fund of the building on howard street in which the Bais Menachem Synagogue will operate 250,000
    MESIVTA SHAAREI ADIRIM
    9220 CRAWFORD AVE
    SKOKIE,IL60076     		N/A PC General & Unrestricted 100,000
    MHUB
    965 W CHICAGO AVE
    CHICAGO,IL60642     		N/A PC to fund the Phase I activities of the chicago proactive response - covid-19 initiative, 1871, and matter 300,000
    MICHAEL REESE HEALTH TRUST
    150 N WACKER DR STE 2320
    CHICAGO,IL60606     		N/A PC Health First Fund 250,000
    MIDDLE EASTERN IMMIGRANT AND REFUGEE ALLIANCE
    6420 N CALIFORNIA AVE UPPR 1
    CHICAGO,IL60645     		N/A PC Enhancing Remote Community Engagement and Empowerment with chicago 25,000
    MIGRATION POLICY INSTITUTE
    1400 16TH ST NW STE 300
    WASHINGTON,DC20036     		N/A PC Research and Analysis fund on the Intersection of COVID-19 and immigration 125,000
    MORTON ARBORETUM
    4100 ILLINOIS RTE 53
    LISLE,IL60532     		N/A PC Vegetative Buffer Toolkit development fund for Schools 28,000
    MORTON ARBORETUM
    4100 ILLINOIS RTE 53
    LISLE,IL60532     		N/A PC the Chicago Region Trees Initiative Urban Forest corporation sustainability partnership program 150,000
    NATIONAL AUDUBON SOCIETY INC
    225 VARICK ST 7TH FL
    NEW YORK,NY10014     		N/A PC General & Unrestricted 50,000
    NATIONAL AUDUBON SOCIETY INC
    225 VARICK ST 7TH FL
    NEW YORK,NY10014     		N/A PC wetland restoration and bird conservation fund in the Calumet region 107,790
    NATIONAL AUDUBON SOCIETY INC
    225 VARICK ST 7TH FL
    NEW YORK,NY10014     		N/A PC Wild Indigo Nature Explorations fund for Healthy Community resilience 105,000
    NATIONAL FISH AND WILDLIFE FOUNDATION
    1133 FIFTEENTH ST NW STE 1000
    WASHINGTON,DC20005     		N/A PC the Chi-Cal Rivers fund 200,000
    NATIONAL FISH AND WILDLIFE FOUNDATION
    1133 FIFTEENTH ST NW STE 1000
    WASHINGTON,DC20005     		N/A PC Wisconsin's Lake Michigan Watershed fund 200,000
    NATIONAL MUSEUM OF MEXICAN ART
    1852 W 19TH ST
    CHICAGO,IL60608     		N/A PC Nuestros Cuentos: Stories of Mexican Immigrants fund 80,000
    NATURE CONSERVANCY
    4245 N FAIRFAX DR STE 100
    ARLINGTON,VA22203     		N/A PC COVID-19 Partner Relief Fund 125,000
    NEO PHILANTHROPY INC
    45 W 36TH ST 6TH FL
    NEW YORK,NY10018     		N/A PC Communications Campaign for #ImmigrantsAreEssential 150,000
    OPENLANDS
    25 E WASHINGTON ST STE 1650
    CHICAGO,IL60602     		N/A PC Building Advocates for Nature: Advancing Openlands' Community Conservation Programs during COVID-19 36,000
    PODER LEARNING CENTER
    6155 S PULASKI RD
    CHICAGO,IL60629     		N/A PC Closing the Gap: Bridging Integrated English to Workforce Development Training fund 28,500
    PROJECT WITNESS
    201 FOSTER AVE
    BROOKLYN,NY11230     		N/A PC General & Unrestricted 150,000
    PROJECT WITNESS
    201 FOSTER AVE
    BROOKLYN,NY11230     		N/A PC General Operating Support and Strategic Planning fund 205,000
    PUBLIC HEALTH INSTITUTE OF METROPOLITAN CHICAGO
    180 N MICHIGAN AVE STE 1200
    CHICAGO,IL60601     		N/A PC COVID-19 Vaccine Education and Promotion in Chicago 70,000
    PUBLIC MEDIA INSTITUTE
    960 W 31ST ST
    CHICAGO,IL60608     		N/A PC Lumpen TLVSN: A Live Streaming Studio for the Arts 50,000
    PUERTO RICAN ARTS ALLIANCE
    3000 N ELBRIDGE AVE
    CHICAGO,IL60618     		N/A PC General & Unrestricted 25,000
    REFUGEEONE
    5705 N LINCOLN AVE
    CHICAGO,IL60659     		N/A PC Covid-19 Relief fund 75,000
    RESURRECTION PROJECT
    1805 S PAULINA ST
    CHICAGO,IL60608     		N/A PC Imagining More Immigrant Integration Initiative: Block by block in back of the yards 75,000
    ROHINGYA CULTURE CENTER
    2740 W DEVON AVE
    CHICAGO,IL60659     		N/A PC Moving Forward During Pandemic project 65,000
    RUSH UNIVERSITY MEDICAL CENTER
    1201 W HARRISON ST STE 300
    CHICAGO,IL60607     		N/A PC Alive Church Network: Increasing COVID-19 Testing in Chicago's African American Testing Deserts 550,000
    RUSH UNIVERSITY MEDICAL CENTER
    1201 W HARRISON ST STE 300
    CHICAGO,IL60607     		N/A PC Characterizing the broadly neutralizing antibody response in SARS-CoV-2 infected individuals project 240,000
    SECDEV GROUP
    950 GLADSTONE AVE STE 300
    OTTAWA,ONTARIOK1Y 3E6
    CA     		N/A NC Expenditure Responsibility Grant - an urban pandemic preparedness and response dashboard 58,380
    SHEDD AQUARIUM SOCIETY
    1200 S LAKE SHORE DR
    CHICAGO,IL60605     		N/A PC Shedd Academy and Teen Programming 75,000
    SHRIVER CENTER ON POVERTY LAW
    67 E MADISON ST STE 2000
    CHICAGO,IL60603     		N/A PC Protect Immigrant Families Illinois - Litigation and policy education fund 50,000
    SKOKIE VALLEY AGUDATH JACOB SYNAGOGUE
    8825 E PRAIRIE RD
    SKOKIE,IL60076     		N/A PC Solu Project 100,000
    SOULU
    3557 W PETERSON
    CHICAGO,IL60659     		N/A PC the organizational retreat and ongoing operations fund 75,000
    SOUTHWEST ORGANIZING PROJECT
    2558 W 63RD ST
    CHICAGO,IL60629     		N/A PC Advanced Leadership Academy 62,500
    SPANISH COMMUNITY CENTER
    309 N EASTERN AVE
    JOLIET,IL60432     		N/A PC Crimmigration Program 50,000
    SYRIAN COMMUNITY NETWORK INC
    138 CIR RIDGE DR
    BURR RIDGE,IL60527     		N/A PC Promoting Refugee Family Wellbeing: An Approach to comprehensive case management 50,000
    THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOI
    352 HENRY ADMINISTRATION BLDG
    URBANA,IL61801     		N/A PC Chicago CAN beat COVID-19: Investigating the efficy of a novel self-testing approach and persuasive mHealth technology in an underserved, community-based sample project 520,000
    THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOI
    352 HENRY ADMINISTRATION BLDG
    URBANA,IL61801     		N/A PC Chicago Prototype Coronavirus Assessment Network Node project 500,000
    THE HANA CENTER
    4300 N CALIFORNIA AVE
    CHICAGO,IL60618     		N/A PC COVID-19 Resilience Through Innovation Fund Proposal 100,000
    THE SARA TUGMAN BAIS CHABAD TORAH CENTER OF WEST B
    5595 W MAPLE RD
    WEST BLOOMFIELD,MI48322     		N/A PC Mikvah Renovation Project 90,000
    THE YOUNG CENTER FOR IMMIGRANT CHILDRENS RIGHTS
    2245 S MICHIGAN AVE NO 301
    CHICAGO,IL60616     		N/A PC Child Advocate Program Support for Case Support Associate 70,000
    UNITED AFRICAN ORGANIZATION INC
    4910 S KING DR FL 1
    CHICAGO,IL60615     		N/A PC ADICA, Building an Equitable Recovery for Africans 100,000
    UNITED WAY OF METROPOLITAN CHICAGO INC
    231196 MOMENTUM PL
    CHICAGO,IL60689     		N/A PC Chicago Community COVID-19 Response Fund 500,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		N/A PC Rapid Detection and Diagnosis of COVID-19 at Home and point-of-care 150,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		N/A PC Theater Manager Position for the Green Line Performing arts center 75,000
    UNIVERSITY OF GUELPH
    50 STONE RD E
    GUELPH,ONTARION1G 2W1
    CA     		N/A PC Support for BioAlfa/BIOSCAN initiatives at the Center for Biodiversity Genomics 500,000
    UPWARDLY GLOBAL
    582 MARKET ST STE 1207
    SAN FRANCISCO,CA94104     		N/A PC Boosting Resliency and Employability Amongst Chicago's Immigrant and Refugee Communities 75,000
    URBAN FOREST CARBON REGISTRY
    999 3RD AVE STE 4600
    SEATTLE,WA98104     		N/A PC for Chicago Region Carbon and Sustainability Program in partnership with the Chicago Region Trees Initiative 38,000
    VIETNAMESE ASSO OF ILLINOIS
    5110 N BROADWAY ST
    CHICAGO,IL60640     		N/A PC Immigration & Legal Services Program 50,000
    WELCOMING AMERICA INC
    315 W PONCE DE LEON AVE STE 500
    DECATUR,GA30030     		N/A PC the Broadening the Welcoming Landscape in Illinois and Midwest initiative, and the Communications Staff fund at Welcoming America 200,000
    WORLD RELIEF CORP OF NATIONAL ASSOCIATION OF EVANG
    7 E BALTIMORE ST
    BALTIMORE,MD21202     		N/A PC Adapting Immigration Legal Services & Community Engagement to a Socially Distant World 75,000
    YESHIVAS MEOR HATORAH OF CHICAGO
    3635 W DEVON AVE
    CHICAGO,IL60659     		N/A PC building renovation fund - new dormitory located at 3635 West Devon Ave., Chicago, IL 60645 500,000
    Total .................................bullet 3a 27,441,278
    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 ...........     		525990 6,830 14 99,266  
    4 Dividends and interest from securities.... 525990 2,055 14 4,993,463  
    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 ............     		525990 15,717 18 9,012,614  
    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).. 24,602 14,105,343  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    14,129,945
    (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
    Walder Foundation
     
    Employer identification number

    46-4092041
    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
    Walder Foundation
          		Employer identification number
    46-4092041
    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
    Walder Elizabeth
    5215 Old Orchard Road Suite 1050
     
    Skokie, IL60077

    		$ 5,000


    (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
    Walder Foundation
          		Employer identification number

    46-4092041
    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
    Walder Foundation
          		Employer identification number

    46-4092041
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 CompensationExplanation
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Person Name Explanation
    Jeffrey L Sweet * Jeffrey L Sweet, Treasurer/VP of the Walder Foundation (the "Foundation"), is a Chief Financial Officer at the administrative firm of Walder Group LLC, a disqualified person which provides the administrative services to the Foundation. During the taxable year ending December 31, 2020, the Foundation paid $40,159 for the administrative services rendered by such disqualified person as reported in Form 990-PF, Part I, Line 13. Such administrative firm billed the Foundation at or below the rate it charges its other clients.

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

    TY 2020 DepreciationSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    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
    LEASEHOLD IMPRVMTS 2019-07-01 1,031,324 48,726 SL 10 97,447      
    WEBSITE DEVELOPMNT 2019-11-30 81,945 1,367 SL 5 16,390      
    REFRIGERATORS 2020-02-21 11,404   SL 7 1,358      
    OFFICE FURNITURE 2019-07-01 56,374 4,027 SL 7 0      
    OFFICE FURNITURE 2019-07-01 350,535 25,040 SL 7 50,073      

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

    TY 2020 ExpenditureResponsibilityStmt
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    FOUNDATION FOR LEARNING AND DEVELOPMENT
          		5215 OLD ORCHARD RD STE 450
    SKOKIE,IL60077     		2019-04-19 200,000 BUILD OUT OF & RELOCATION TO NEW OFFICE SPACE & OPERATING EXP FOR WALDER EDUC AND SCI PROGS 200,000 NO 5/19/20   NO VERIFICATION IS NECESESSARY
    SECDEV GROUP
          		950 GLADSTONE AVE SUITE 300
    OTTAWA,ONTARIOK1Y 3E6
    CA     		2020-07-22 58,380 To help support an Urban Pandemic Preparedness and Response Dashboard 21,597 NO 8/20/20, 1/28/21   NONE NECESSARY

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ABBOTT LABS - 2.950% - 03/15/2 385,126 405,971
    ABBVIE INC - 3.200% - 11/21/20 347,808 347,417
    ALEXANDRIA REAL ESTATE - 4.900 197,961 197,250
    ALPHABET INC - 1.100% - 08/15/ 615,381 616,456
    AMERICAN EXPRESS CO - 2.500% - 605,748 640,086
    AMERICAN HONDA - 2.050% - 01/1 403,603 403,295
    ANHEUSER BUSCH - 4.750% - 01/2 402,877 407,517
    ANTHEM INC NOTE - 3.650% - 12/ 523,583 605,133
    AON CORP - 2.800% - 05/15/2030 403,319 403,659
    APPLE INC - 2.850% - 02/23/202 691,565 734,691
    APPLE INC - 4.650% - 02/23/204 963,514 1,243,777
    AT&T INC - 4.125% - 02/17/2026 492,585 577,998
    BANK AMER CORP - 3.500% - 04/1 372,358 396,666
    BANK OF AMERICA - 4.000% - 04/ 406,144 442,936
    BANK OF NEW YORK MELLON - 2.95 478,363 499,638
    BANK OF NOVA SCOTIA - 1.950% - 507,062 506,043
    BK OF AMERICA CORP SER N MTN - 924,999 935,064
    BOSTON PPTYS LTD PARTNERSHIP - 845,915 953,479
    BOSTON PPTYS LTD PARTNERSHIP N 147,899 158,086
    CITIGROUP INC - 1.678% - 05/15 924,999 953,154
    CITIGROUP INC - 3.200% - 10/21 552,836 659,425
    CNH EQUIPMENT TRUST SER 2020-A 474,830 496,676
    COMCAST CORP - 3.150% - 03/01/ 523,474 614,053
    CORNING INC - 5.850% - 11/15/2 984,700 1,289,460
    DISNEY WALT CO - 2.000% - 09/0 603,289 641,677
    DTE ELEC CO - 2.250% - 03/01/2 401,546 407,656
    ECOLAB INC GLBL NT - 3.250% - 849,450 992,976
    ENBRIDGE INC BOND - 4.000% - 1 239,254 260,978
    FIBRIA OVERSEAS - 5.500% - 01/ 482,078 540,911
    FRESENIUS MED CARE U - 2.375% 598,194 609,810
    GOLDMAN SACHS GROUP - 3.500% - 261,845 280,378
    GOLDMAN SACHS GROUP INC - 3.62 264,579 282,789
    GRUPO BIMBO SAB - 3.875% - 06/ 471,295 519,755
    HCA INC - 5.500% - 06/15/2047 878,281 1,168,746
    HEALTHSOUTH CORP - 5.750% - 09 481,531 489,250
    HOME DEPOT INC - 3.350% - 09/1 496,510 563,055
    INTEL CORP - 2.450% - 11/15/20 400,050 423,056
    JOHNSON CTSL INTL - 1.750% - 0 672,901 688,993
    JP MORGAN CHASE - 4.600% - 12/ 904,496 903,438
    JPMORGAN CHASE &CO NOTE - 2.95 700,568 832,080
    KAISER FNDTN HOSP/HLTH - 3.150 898,795 1,044,649
    KLABIN AUSTRIA GMBH NOTE - 7.0 467,685 607,411
    LINCOLN NATL CORP - 3.050% - 0 205,358 211,917
    MERCK &CO INC - 3.400% - 03/07 480,594 529,333
    MICROSOFT CORP - 2.700% - 02/1 525,950 570,329
    MICROSOFT CORP - 4.750% - 11/0 924,712 1,216,096
    MITSUBISHI - 2.527% - 09/13/20 879,342 976,060
    MORGAN STANLEY - 0.864% - 10/2 800,000 806,576
    MORGAN STANLEY - 3.875% - 04/2 292,611 304,331
    MORGAN STANLEY MTN - 2.750% - 238,713 253,016
    MOTOROLA - 4.600% - 02/23/2028 901,782 1,085,787
    NORTHWESTERN UNIV - 3.812% - 1 931,696 1,001,720
    NOVARTIS CAPITAL CORP - 2.400% 604,324 648,063
    OWENS CORNING NT - 7.000% - 12 528,409 677,231
    PEPSICO INC - 2.750% - 03/19/2 567,215 643,822
    PNC BANK - 3.250% - 06/01/2025 499,565 555,205
    PRUDENTIAL - 3.500% - 05/15/20 317,139 346,717
    PUBLIC SERVICE ENTERPRIS - 2.8 362,205 375,048
    ROPER TECHNOLOGIES INC - 4.200 880,425 1,043,639
    SANOFI - 3.375% - 06/19/2023 317,872 343,213
    SCHLUMBERGER - 3.650% - 12/01/ 606,642 650,171
    SHELL INT'L FINANCE - 2.875% - 716,663 829,470
    SIMON PPTY GROUP LP - 2.000% - 465,681 491,174
    STARBUCKS CORP - 4.450% - 08/1 873,460 1,154,256
    STATE STR CORP NOTE - 2.354% - 509,420 533,645
    STATOIL - 2.650% - 01/15/2024 725,903 796,538
    TAKEDA PHARMACEUTICAL CO LTD - 924,999 1,025,677
    TESLA - 3.710% - 08/20/2021 648,701 642,656
    THERMO FISHER - 4.497% - 03/25 347,889 349,936
    TOTAL CAPITAL - 3.455% - 02/19 522,403 589,269
    TOYOTA MOTOR - 2.150% - 02/13/ 921,198 993,755
    UNITED PARCEL SERVICE - 3.400% 271,873 291,265
    UNITED RENTALS - 5.250% - 01/1 459,000 499,500
    UNITEDHEALTH GROUP INC - 3.750 576,274 597,791
    VERIZON - 1.500% - 09/18/2030 345,191 344,792
    VERIZON - 3.875% - 02/08/2029 923,252 1,085,568
    XCEL ENERGY INC - 2.400% - 03/ 490,015 501,115
    XYLEM INC - 3.250% - 11/01/202 831,731 983,666

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AGILENT TECHNOLOGIES INC 769,050 775,043
    AIA GROUP LTD ADR 191,429 201,286
    ALIBABA GROUP HOLDING LTD 603,605 553,432
    AMERICOLD REALTY TRUST 748,935 809,800
    ANGI HOMESERVICES INC 517,506 565,511
    AUTODESK, INC 725,778 767,930
    BIOMARIN PHARMACEUTICAL INC 535,998 557,358
    BRILLIANCE CHINA AUTOMOTIVE 35,309 38,539
    BURLINGTON STORES, INC 872,646 968,520
    C H ROBINSON WORLDWIDE INC 699,887 726,554
    CABLE ONE INC 511,992 521,286
    CADENCE DESIGN SYSTEMS INC 833,618 925,814
    CALVERT US LARGE CAP CORE RESP 69,690,806 95,832,313
    CBOE HOLDINGS INC 540,318 554,623
    CERNER CORPORATION 1,010,584 1,056,105
    CHINA GAS HOLDINGS LTD 138,272 142,869
    CLOROX CO 480,698 477,743
    COSAN LIMITED CL A 121,708 117,510
    CREDICORP LTD 106,451 105,957
    DENTSPLY SIRONA INC 440,054 429,143
    DIGITAL RLTY TR INC 618,141 672,438
    EPAM SYSTEMS INC 228,007 250,845
    FEDEX CORPORATION 943,216 856,486
    FIRST HORIZON NATL 579,549 573,064
    FIRST REPUBLIC BANK 649,994 714,961
    GROCERY OUTLET HOLDING CORP 502,745 505,030
    GUIDEWIRE SOFTWARE INC 530,065 542,082
    HDFC BANK LTD ADR 125,450 132,453
    HENRY JACK & ASSOC INC 832,165 849,476
    HILTON WORLDWIDE HOLDINGS, INC 466,935 496,108
    HOLOGIC, INC 1,010,844 973,737
    ICICI BK LTD ADS 88,337 91,523
    IDACORP INC HLDG CO 718,904 719,937
    INDUSTRIAL & COM UNSP/ADR 119,786 125,307
    ISHARES TRUST ISHARES MSCI EAF 6,249,788 7,142,809
    JD.COM, INC 149,355 164,109
    KANSAS CITY SOUTHERN 515,852 542,578
    KLA TENCOR CORP 969,394 963,404
    MARTIN CURRIE SMA-SHARES SERIE 3,655,093 3,844,476
    MAXIM INTEGRATED PRODS INC 903,201 927,190
    MCCORMICK & CO 319,314 331,636
    MDU RESOURCES GROUP 387,776 391,966
    NUANCE COMMUNICATIONS, INC 1,308,900 1,357,090
    O'REILLY AUTOMOTIVE INC 706,384 710,535
    OIL CO LUKOIL PJSC SPON ADR RE 97,391 93,448
    PENTAIR INC. COM 774,334 782,069
    PING AN INSURANCE GROUP ADR 259,233 262,248
    PORTLAND GEN ELEC 371,038 370,602
    PPG INDUSTRIES INC 816,100 816,285
    PROSUS NV ADR 228,381 223,537
    PT BANK RAKYAT ADR 131,673 125,285
    PT TELEKOM. IND. TBK ADR 63,095 61,458
    PUBLIC STORAGE INC 480,648 498,578
    REPUBLIC SVCS INC 1,298,156 1,297,257
    ROPER INDUSTRIES 791,791 799,672
    SBA COMMUNICATIONS CORP 326,380 333,760
    SBERBANK SPONSORED ADR 111,221 103,313
    SOUTHERN COPPER CORP 121,105 131,021
    SUNNY OPTICAL TECHNOLOGY GROUP 122,847 132,639
    SYNOPSYS, INC 848,105 910,710
    TAIWAN SEMICONDUCTOR MFG CO LT 826,904 861,852
    TELEFLEX INC 946,708 994,353
    TENCENT HOLDINGS LIMITED 715,630 702,940
    TRIMBLE NAV LTD 955,752 974,441
    TURKCELL ILETISIM HIZMETLERI A 39,518 42,020
    V F CORP 830,717 814,299
    VERISK ANALYTICS, INC 884,904 933,117
    WB INTL LEADERS FD INST CL 11,595,865 15,851,303
    WESTERN DIGITAL CORP 726,845 754,689
    XYLEM INC 980,320 1,000,494

    TY 2020 InvestmentsGovtObligationsSch
    Name:
    Walder Foundation
    EIN:
    46-4092041
    US Government Securities - End of Year Book Value:

    35,527,160
    US Government Securities - End of Year Fair Market Value:

    37,327,735
    State & Local Government Securities - End of Year Book Value:


    10,682,356
    State & Local Government Securities - End of Year Fair Market Value:


    11,462,328


    TY 2020 LandEtcSchedule2
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    LEASEHOLD IMPRVMTS 1,031,324 146,173 885,151 885,151
    WEBSITE DEVELOPMNT 81,945 17,757 64,188 64,188
    REFRIGERATORS 11,404 1,358 10,046 10,046
    OFFICE FURNITURE       0
    OFFICE FURNITURE 350,535 75,113 275,422 275,422


    TY 2020 LegalFeesSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Document Review/Drafting 207,494     207,494
    General Consultations 490,479     490,479


    TY 2020 OtherAssetsSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PRI - YESHIVA SHEARIS YISROEL   360,000 360,000


    TY 2020 OtherExpensesSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administrative Fees 95,000     95,000
    Bank Charges 487 486    
    Computers/Electronic Devices 861     861
    Equipment Maintenance 702     702
    Equipment/Furniture Purchase 6,775     6,775
    Foundation Dues & Memberships 10,250     10,250
    Indemnification Insurance 7,800     7,800
    Insurance Premiums 20,373     20,373
    Office & Supplies 7,892     7,892
    CREDIT CARD FEES 251     95
    Payroll Processing Fees 2,953     2,953
    Postage/Delivery Service 1,036     1,036
    State or Local Filing Fees 50     50
    TRAINING & PROF DEVELOPMENT 7,575     7,575
    Website Hosting/Support 150     150


    TY 2020 OtherIncreasesSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Description Amount
    RETURNED GRANT 20,000
    PRIOR PERIOD ADJUSTMENT 4,433


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Description Beginning of Year - Book Value End of Year - Book Value
    LINE OF CREDIT   3,001,458


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Administration of Foundation 36,593     36,593
    EMPLOYEE RECRUITING/TEMP AGNCY 42,400     42,400
    Investment Management Services 513,377 512,483    
    Philanthropic Consulting Srvcs 300,424     300,424
    Website Development 91,495     91,495
    INTERIOR DESIGN SERVICES 9,392     9,392
    MARKETING & BRANDING SERVICES 78,900     78,900
    SECURITY SERVICES 38,000     38,000


    TY 2020 TaxesSchedule
    Name:
    Walder Foundation
    EIN:
    46-4092041
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF Estimated Tax for 2020 65,600      
    990-PF Extension for 2019 41,870      
    Foreign Tax Paid 361 360