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
HUNTER FAMILY FOUNDATION
C/O FINANCIAL INVESTMENT CORP
Number and street (or P.O. box number if mail is not delivered to street address)50 EAST WASHINGTON STREET NO 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60602
A Employer identification number

37-1887329
B Telephone number (see instructions)

(224) 880-5669
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$72,920,886J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,553,109
2 Check bullet.............
3 Interest on savings and temporary cash investments 972,752 972,752  
4 Dividends and interest from securities... 1,014,984 1,014,984  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 371,320
b Gross sales price for all assets on line 6a 8,066,645
7 Capital gain net income (from Part IV, line 2)... 371,320
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)....... Click to see attachment 394,174 394,174  
12 Total. Add lines 1 through 11........ 5,306,339 2,753,230  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 192,137 0   192,137
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 2,860 0   2,860
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 9,000 0   0
c Other professional fees (attach schedule).... Click to see attachment 320,192 130,000   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 46,431 30,679   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 17,436 0   0
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 143,351 133,870   9,481
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 731,407 294,549   204,478
25 Contributions, gifts, grants paid....... 3,295,000 3,295,000
26 Total expenses and disbursements. Add lines 24 and 25 4,026,407 294,549   3,499,478
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,279,932
b Net investment income (if negative, enter -0-) 2,458,681
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............. 1,624,859 2,095,512 2,095,512
2 Savings and temporary cash investments......... 3,687,065 9,554,063 9,554,063
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 19,704,644 Click to see attachment19,453,598 26,849,615
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 30,950,546 Click to see attachment25,911,905 33,620,758
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment237,672 Click to see attachment800,938 Click to see attachment800,938
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 56,204,786 57,816,016 72,920,886
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 attachment129,687 Click to see attachment460,985
23 Total liabilities (add lines 17 through 22)......... 129,687 460,985
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........ 1,550,967 2,830,899
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 54,524,132 54,524,132
29 Total net assets or fund balances (see instructions)..... 56,075,099 57,355,031
30 Total liabilities and net assets/fund balances (see instructions). 56,204,786 57,816,016
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
56,075,099
2
Enter amount from Part I, line 27a .....................
2
1,279,932
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
57,355,031
5
Decreases not included in line 2 (itemize) bullet
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
57,355,031
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 CHARLES SCHWAB - ACCT #5615 P    
b CHARLES SCHWAB - ACCT #5615 OPTIONS P    
c BNY MELLON - ACCT #3387 P    
d BNY MELLON - ACCT #3395 P    
e BMO - ACCT #3683 P    
BNY MELLON - ACCT #3387 P    
BNY MELLON - ACCT #3395 P    
CAPITAL GAIN - ALTAIR P    
CAPITAL GAINS FROM K-1S P    
EXCESS DISTRIBUTIONS P 2018-01-01 2020-12-31
(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 4,844,426   5,046,672 -202,246
b 166,167     166,167
c 44,025   40,574 3,451
d 14,517   16,336 -1,819
e 820,852   251,046 569,806
378,942   327,569 51,373
135,870   159,042 -23,172
1,538,000   1,750,588 -212,588
    103,498 -103,498
123,846     123,846
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       -202,246
b       166,167
c       3,451
d       -1,819
e       569,806
      51,373
      -23,172
      -212,588
      -103,498
      123,846
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 2 371,320
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 34,176
c All other domestic foundations enter 1.39% of line 27b. Exempt foreign organizations enter 4% of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 34,176
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 34,176
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 43,631
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 58,631
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 24,455
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet24,455 RefundedBullet 11 0
Part VII-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
     
    No
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2020 or the taxable year beginning in 2020? See the instructions for Part XIV.
    If "Yes," complete Part XIV .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. Click to see attachment...............................
    10
    Yes
     
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletTHOMAS B HUNTER III Telephone no.bullet (224) 880-5669

    Located atbullet222 WISCONSIN SUITE 300LAKE FORESTIL ZIP+4bullet60045
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
    No
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2020, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2020?.............
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year?......................
    b
    If "Yes," did it have excess business holdings in 2020 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2020.)..................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2020?
    4b
     
    No
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 6
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ......
    5b
     
     
    .........bullet
    c
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant?..........
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract?.....................
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .................
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    PETER M HUNTER TREASURER
    8.00     		0 0 0
    222 WISCONSIN SUITE 300
    LAKE FOREST,IL60045
    WILLARD K HUNTER SECRETARY
    6.00     		0 0 0
    222 WISCONSIN SUITE 300
    LAKE FOREST,IL60045
    THOMAS B HUNTER IV PRESIDENT
    2.00     		192,137 0 0
    1090 N SHERIDAN ROAD
    LAKE FOREST,IL60045
    WILLARD M HUNTER VICE PRESIDENT
    2.00     		0 0 0
    319 E NORTH AVE
    LAKE BLUFF,IL60044
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 7
    Part VIII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part IX-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part IX-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 8
    Part X
    Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
    1
    Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
    purposes:
    a
    Average monthly fair market value of securities...................
    1a
    43,326,499
    b
    Average of monthly cash balances.......................
    1b
    3,304,611
    c
    Fair market value of all other assets (see instructions)................
    1c
    16,075,551
    d
    Total (add lines 1a, b, and c).........................
    1d
    62,706,661
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    62,706,661
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    940,600
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    61,766,061
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    3,088,303
    Part XI
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part X, line 6....................
    1
    3,088,303
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    34,176
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    34,176
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,054,127
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,054,127
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XIII, line 1 ...
    7
    3,054,127
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    3,499,478
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    3,499,478
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    3,499,478
    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 3,054,127
    2 Undistributed income, if any, as of the end of 2020:
    a Enter amount for 2019 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2020:
    a From 2015......  
    b From 2016......  
    c From 2017......  
    d From 2018...... 355,491
    e From 2019......  
    fTotal of lines 3a through e........ 355,491
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 3,499,478
    a Applied to 2019, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2020 distributable amount..... 3,054,127
    e Remaining amount distributed out of corpus 445,351
    5 Excess distributions carryover applied to 2020. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 800,842
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2020. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2021 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2015 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		800,842
    10 Analysis of line 9:
    a Excess from 2016....  
    b Excess from 2017....  
    c Excess from 2018.... 355,491
    d Excess from 2019....  
    e Excess from 2020.... 445,351
    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).)
    THOMAS B HUNTER IV
    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
    ALLIANCE FOR THE GREAT LAKES
    150 N MICHIGAN AVE SUITE 700
    CHICAGO,IL60601     		NONE PUBLIC GENERAL SUPPORT 60,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		NONE PUBLIC GENERAL SUPPORT 5,000
    AUDITORY NEUROSCIENCE LABORATORY
    2240 CAMPUS DRIVE
    EVANSTON,IL60208     		NONE PUBLIC GENERAL SUPPORT 40,000
    BERNIE'S BOOKS BOOK BANK DONATIONS
    917 NORTH SHORE DRIVE
    LAKE BLUFF,IL60044     		NONE PUBLIC GENERAL SUPPORT 300,000
    BOCA GRANDE COMMUNITY CENTER
    PO BOX 1222
    BOCA GRANDE,FL33921     		NONE PUBLIC GENERAL SUPPORT 5,000
    BOCA GRANDE HEALTH CLINIC FOUNDATION INC
    PO BOX 2340
    BOCA GRANDE,FL33921     		NONE PUBLIC GENERAL SUPPORT 25,000
    BOCA GRANDE WOMAN'S CLUB INC
    PO BOX 65
    BOCA GRANDE,FL33921     		NONE PUBLIC GENERAL SUPPORT 5,000
    BRUSHWOOD CENTER AT RYERSON WOODS
    21850 N RIVERWOODS ROAD
    DEERFIELD,IL60015     		NONE PUBLIC GENERAL SUPPORT 10,000
    BUILD ON
    500 W MONROE STREET
    CHICAGO,IL60660     		NONE PUBLIC GENERAL SUPPORT 125,000
    CHICAGO BOTANIC GARDEN
    1000 LAKE COOK ROAD
    GLENCOE,IL60022     		NONE PUBLIC GENERAL SUPPORT 25,000
    CHICAGO SYMPHONY ORCHESTRA
    220 SOUTH MICHIGAN AVE
    CHICAGO,IL60604     		NONE PUBLIC GENERAL SUPPORT 5,000
    CHILDREN'S ADVOCACY AND FAMILY RESOURCES
    PO BOX 3554
    ENGLEWOOD,CO80155     		NONE PUBLIC GENERAL SUPPORT 50,000
    COLBY-SAWYER COLLEGE
    541 MAIN STREET
    NEW LONDON,NH03257     		NONE PUBLIC GENERAL SUPPORT 25,000
    ELAWA FARM FOUNDATION
    1401 MIDDLEFORK DRIVE
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 10,000
    ERIE FAMILY HEALTH CENTER
    1701 WEST SUPERIOR - 3RD FLOOR
    CHICAGO,IL60622     		NONE PUBLIC GENERAL SUPPORT 125,000
    FIRST PRESBYTERIAN CHURCH OF LAKE FOREST
    700 N SHERIDAN RD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 10,000
    GARDEN CONSERVANCY
    20 NAZARETH WAY
    GARRISON,NY10524     		NONE PUBLIC GENERAL SUPPORT 10,000
    GICIA GASPARILLA ISLAND CONS & IMPR ASSOC
    PO BOX 446
    BOCA GRANDE,FL33921     		NONE PUBLIC GENERAL SUPPORT 5,000
    GORTON COMMUNITY CENTER
    400 EAST ILLINOIS ROAD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 10,000
    HOTCHKISS SCHOOL
    ALUMNI DEVELOPMENT OFFICE 11
    INTERLAKEN ROAD
    LAKEVILLE,CT06039     		NONE PUBLIC GENERAL SUPPORT 25,000
    IMENTOR
    30 BROAD STREET 9TH FLOOR
    NEW YORK,NY10004     		NONE PUBLIC GENERAL SUPPORT 175,000
    INGENUITY INCORPORATED CHICAGO
    440 N WELLS NO 505
    CHICAGO,IL60654     		NONE PUBLIC GENERAL SUPPORT 25,000
    ISLAND CHARTER SCHOOL
    PO BOX 1505
    BOCA GRANDE,FL33921     		NONE PUBLIC GENERAL SUPPORT 10,000
    JEFFERSON HEALTH - J KIMMEL CANCER CENTER
    130 S 9TH STREET FLOOR 17
    PHILADELPHIA,PA19107     		NONE PUBLIC GENERAL SUPPORT 15,000
    JOHANN FUST COMMUNITY LIBRARY
    PO BOX 309
    BOCA GRANDE,FL33921     		NONE PRIAVTE OPERATING FO GENERAL SUPPORT 5,000
    JOURNEYCARE FOUNDATION
    2050 CLAIRE COURT
    GLENVIEW,IL60025     		NONE PUBLIC GENERAL SUPPORT 200,000
    KIDS FIRST HEALTH CARE
    4675 E 69TH AVENUE
    COMMERCE CITY,CO80022     		NONE PUBLIC GENERAL SUPPORT 35,000
    LAKE COUNTY COMMUNITY FOUNDATION
    114 SOUTH GENESEE STREET SUITE 505
    WAUKEGAN,IL60085     		NONE SOUNK GENERAL SUPPORT 50,000
    LAKE FOREST COUNTRY DAY SCHOOL
    145 SOUTH GREEN BAY ROAD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 5,000
    LAKE FOREST OPEN LANDS ASSOCIATION
    350 NORTH WAUKEGAN ROAD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 100,000
    LAKE FOREST-LAKE BLUFF HISTORICAL SOCIETY
    509 EAST DEERPATH ROAD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 30,000
    METROSQUASH
    6100 S COTTAGE GROVE AVE
    CHICAGO,IL60637     		NONE PUBLIC GENERAL SUPPORT 125,000
    NATIONAL SHOW SKI ASSOCIATION
    10580 N PORT WASHINGTON ROAD
    MEQUON,WI53092     		NONE PUBLIC GENERAL SUPPORT 5,000
    NORTH LAWNDALE COLLEGE PREP HS
    1615 S CHRISTIANA
    CHICAGO,IL60623     		NONE PUBLIC GENERAL SUPPORT 225,000
    NORTH LAWNDALE EMPLOYMENT NETWORK
    906 SOUTH HOMAN AVE 7TH FLOOR
    CHICAGO,IL60624     		NONE PUBLIC GENERAL SUPPORT 75,000
    NORTHERN ILLINOIS FOODBANK
    273 DEARBORN COURT
    GENEVA,IL60134     		NONE PUBLIC GENERAL SUPPORT 80,000
    PADS LAKE COUNTY
    1800 GRAND AVENUE
    WAUKEGAN,IL60085     		NONE PUBLIC GENERAL SUPPORT 25,000
    PLANNED PARENTHOOD OF CHICAGO
    18 S MICHIGAN AVE 6TH FLOOR
    CHICAGO,IL60603     		NONE PUBLIC GENERAL SUPPORT 100,000
    RARE
    1310 NORTH COURTHOUSE ROAD SUITE
    110
    ARLINGTON,VA22201     		NONE PUBLIC GENERAL SUPPORT 70,000
    RAVINIA FESTIVAL ASSOCIATION
    418 SHERIDAN RD
    HIGHLAND PARK,IL60035     		NONE PUBLIC GENERAL SUPPORT 25,000
    READING POWER
    736 N WESTERN AVE SUITE 226
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 25,000
    ROOM TO READ
    465 CALIFORNIA STREET SUITE 1000
    SAN FRANCISCO,CA94104     		NONE PUBLIC GENERAL SUPPORT 150,000
    SOUTHERN METHODIST UNIVERSITY GIFT ADMINISTRATION
    PO BOX 750100
    DALLAS,TX75275     		NONE PUBLIC GENERAL SUPPORT 5,000
    TABOR ACADEMY
    66 SPRING ST
    MARION,MA02738     		NONE PUBLIC GENERAL SUPPORT 10,000
    WESTMINSTER SCHOOL
    995 HOPMEADOW STREET
    SIMSBURY,CT06070     		NONE PUBLIC GENERAL SUPPORT 15,000
    ADVANCE ILLINOIS
    303 E WACKER DR SUITE 1925
    CHICAGO,IL60601     		NONE PUBLIC GENERAL SUPPORT 5,000
    BRIDGES TO PROSPERITY
    3858 WALNUT STREET
    DENVER,CO80205     		NONE PUBLIC GENERAL SUPPORT 100,000
    COLLEGE OF LAKE COUNTY FOUNDATION
    19351 W WASHINGTON ST
    GRAYSLAKE,IL60030     		NONE PUBLIC GENERAL SUPPORT 150,000
    CURRENT INNOVATION NFP
    177 N STATE STREET SUITE 500
    CHICAGO,IL60601     		NONE PUBLIC GENERAL SUPPORT 5,000
    ENVIRONMENTAL LAW & POLICY CENTER MIDWEST
    35 EAST WACKER DRIVE SUITE 1600
    CHICAGO,IL60601     		NONE PUBLIC GENERAL SUPPORT 5,000
    FOOD BANK OF THE ROCKIES
    PO BOX 151560
    LAKEWOOD,CO80215     		NONE PUBLIC GENERAL SUPPORT 35,000
    FRIENDS OF THE CHICAGO RIVER
    411 S WELLS STREET SUITE 800
    CHICAGO,IL60607     		NONE PUBLIC GENERAL SUPPORT 5,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PLACE
    CHICAGO,IL60632     		NONE PUBLIC GENERAL SUPPORT 40,000
    ILLINOIS ENVIRONMENTAL COUNCIL EDUCATION
    520 E CAPITAL
    SPRINGFIELD,IL62701     		NONE PUBLIC GENERAL SUPPORT 5,000
    KEEPING FAMILIES COVERED
    3250-B N OAK GROVE AVE
    WAUKEGAN,IL60087     		NONE PUBLIC GENERAL SUPPORT 5,000
    KQED
    BEALE STREET 5TH FLOOR
    SAN FRANCISCO,CA94105     		NONE PUBLIC GENERAL SUPPORT 10,000
    LAKE FOREST ACADEMY
    1500 W KENNEDY RD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 15,000
    LAKE FOREST NORTHWESTERN HOSPITAL
    660 N WESTMORELAND RD
    LAKE FOREST,IL60045     		NONE PUBLIC GENERAL SUPPORT 250,000
    MANO A MANO FAMILY RESOURCE CENTER
    6 EAST MAIN STREET
    ROUND LAKE PARK,IL60073     		NONE PUBLIC GENERAL SUPPORT 5,000
    MEALS ON WHEELS NORTHEASTERN ILLINOIS
    1723 SIMPSON STREET
    EVANSTON,IL60201     		NONE PUBLIC GENERAL SUPPORT 10,000
    NATIONAL CATHEDRAL
    3101 WISCONSIN AVE NW
    WASHINGTON,DC20016     		NONE PUBLIC GENERAL SUPPORT 25,000
    NATURE CONSERVANCY
    4245 NORTH FAIRFAX DRIVE SUITE 100
    ARLINGTON,VA22203     		NONE GROUP GENERAL SUPPORT 5,000
    OUNCE OF PREVENTION
    33 WEST MONROE STREET SUITE 1200
    CHICAGO,IL60603     		NONE PUBLIC GENERAL SUPPORT 5,000
    PLAY GROUP
    1818 WEDEMEYER
    SAN FRANCISCO,CA94129     		NONE PUBLIC GENERAL SUPPORT 10,000
    SAN FRANCISCO FOOD BANK
    900 PENNSYLVANIA AVE
    SAN FRANCISCO,CA94107     		NONE PUBLIC GENERAL SUPPORT 10,000
    SAN FRANCISCO FOUNDATION
    ONE EMBARCADERO CENTER
    SAN FRANCISCO,CA94111     		NONE PUBLIC GENERAL SUPPORT 25,000
    SAN FRANCISCO PARKS ALLIANCE
    1074 FOLSOM STREET
    SAN FRANCISCO,CA94103     		NONE PUBLIC GENERAL SUPPORT 10,000
    UNITED WAY OF METRO CHICAGO
    231196 MOMENTUM PLACE
    CHICAGO,IL60689     		NONE GROUP GENERAL SUPPORT 50,000
    TWICE AS NICE MOTHER & CHILD
    3250-B N OAK GROVE AVE
    WAUKEGAN,IL60087     		NONE PUBLIC GENERAL SUPPORT 50,000
    Total .................................bullet 3a 3,295,000
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 12
    Part XVI-A
    Analysis of Income-Producing Activities
    Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
    Related or exempt
    function income
    (See instructions.)
    1Program service revenue: (a)
    Business code     		(b)
    Amount     		(c)
    Exclusion code     		(d)
    Amount
    a
    b
    c
    d
    e
    f
    gFees and contracts from government agencies          
    2 Membership dues and assessments....          
    3 Interest on savings and temporary cash
    investments ...........     		    14 972,752  
    4 Dividends and interest from securities....     14 1,014,984  
    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.....     14 394,174  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		    18 371,320  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 2,753,230 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    2,753,230
    (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
    HUNTER FAMILY FOUNDATION
    C/O FINANCIAL INVESTMENT CORP
    Employer identification number

    37-1887329
    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
    HUNTER FAMILY FOUNDATION
    C/O FINANCIAL INVESTMENT CORP         		Employer identification number
    37-1887329
    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
    MAXINE M HUNTER CHARITABLE LEAD ANNUITY TRUST
     
    C/O FIC 50 E WASHINGTON STREET SUIT
     
    CHICAGO, IL60602

    		$ 2,553,109


    (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
    HUNTER FAMILY FOUNDATION
    C/O FINANCIAL INVESTMENT CORP         		Employer identification number

    37-1887329
    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
    HUNTER FAMILY FOUNDATION
    C/O FINANCIAL INVESTMENT CORP         		Employer identification number

    37-1887329
    Part III
    Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
    Use duplicate copies of Part III if additional space is needed.
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    (a)
    No. from Part I    		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
     
    (e) Transfer of gift
    Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
     
     
         
     
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2020 AccountingFeesSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 9,000 0   0

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Name of Stock End of Year Book Value End of Year Fair Market Value
    VALLEY NATIONAL BANCORP 255,500 957,547
    ROYAL DUTCH SHELL (NON-CLAT) 502,984 225,187
    MICROSOFT CORPORATION 297,825 2,003,561
    VANGUARD MID CAP 1,506,772 2,253,793
    KRAFT HEINZ CO 482,280 325,804
    ISHARES NASDAQ BIO TECH ETF 540,479 908,940
    JP MORGAN 289,825 673,471
    ISHARES TR RUSSELL 2000 ETF 1,499,546 1,725,328
    ISHARES CORE MSCI EMERGING ETF 1,503,708 1,941,852
    INTERNATIONAL BUSINESS MACHINES 503,208 339,876
    HALLIBURTON CO 499,713 245,700
    VANGUARD FTSE DEV MKTS ETF 4,558,536 5,967,344
    VANGUARD FTSE ALL WORLD ETF 1,501,061 1,832,504
    ABBOTT LABS 273,474 810,226
    VANGUARD FTSE EMERGING MKTS ETF 501,900 701,540
    VANGUARD TOTAL STK MKT 253,530 525,528
    FIFTH THIRD BANK 188,046 483,412
    PAR PACIFIC HOLDINGS, INC 962,382 737,472
    ELI LILLY & CO (NON-CLAT) 267,196 861,084
    CVS HEALTH CORP 500,840 443,950
    CISCO SYSTEMS INC 501,075 1,006,875
    CHEVRON CORP 516,786 354,690
    ALTRIA GROUP INC 284,089 323,900
    AMLP 500,840 210,412
    BRISTOL-MYERS SQUIBB CO 508,572 657,518
    3M CO (NON-CLAT) 253,431 332,101

    TY 2020 InvestmentsOtherSchedule2
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIC INCOME PARTNERSHIP AT COST 42,644 2,167
    LARAMAR CIRCLE TOWERS AT COST 872,177 809,618
    BRAUVIN NET INVEST FUND II AT COST 2,756,454 2,756,454
    ATLANTIC CREEK RE FUND II AT COST 0 219,835
    ATLANTIC CREEK RE FUND III AT COST 745,790 867,391
    SAAS CAPITAL AT COST 1,059,454 1,068,222
    BRAUVIN 18, INC (FUND III) AT COST 620,000 620,000
    ALTAIR (PERSHING) AT COST 10,825,623 17,091,721
    COIL APTS, LLC AT COST 823,068 920,968
    CEP II CAGP IV (CLAT) AT COST 65,578 358,341
    CHATSWORTH AT COST 175,388 175,388
    CHATSWORTH SUB-DEBT AT COST 2,299,766 2,200,000
    INTEROCEAN AT COST 3,972,155 4,806,189
    LAKESIDE WORKFORCE HOUSING II AT COST 1,231,403 1,302,059
    COASTAL REAL ESTATE AT COST 422,405 422,405

    TY 2020 OtherAssetsSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    PREPAID EXPENSE 2,602 0 0
    DIVIDEND RECEIVABLE 89,440 57,658 57,658
    INTEREST RECEIVABLE 145,630 743,280 743,280


    TY 2020 OtherExpensesSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    UTILITIES 400 0   400
    CONFERENCE & TRAINING 699 0   699
    MEALS & ENTERTAINMENT 245 0   245
    OFFICE SUPPLIES 514 0   514
    PHONE & INTERNET 2,746 0   2,746
    TRAVEL EXPENSE 1,368 0   1,368
    BANK FEES 300 0   300
    POSTAGE AND SHIPPING 698 0   698
    SOFTWARE AND PUBLICATIONS 549 0   549
    PASSTHROUGH EXPENSES 73,853 73,853   0
    MEMBERSHIP DUES 1,530 0   1,530
    SUBSCRIPTIONS 119 0   119
    MISCELLANEOUS 60,017 60,017   0
    IT SERVICES 313 0   313


    TY 2020 OtherIncomeSchedule2
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    CEP II CAGP IV - OTHER INCOME 6 6 6
    LAKESIDE II - RENTAL INCOME -56,321 -56,321 -56,321
    LAKESIDE II - INTEREST 37 37 37
    SAAS CAPITAL - INTEREST 98,691 98,691 98,691
    SAAS CAPITAL - OTHER INCOME 43,777 43,777 43,777
    COIL APARTMENTS - RENTAL INCOME -15,173 -15,173 -15,173
    COIL APARTMENTS - INTEREST 105 105 105
    EDPO, LLC - OTHER INCOME 88,767 88,767 88,767
    CIRCLE TOWERS SENIOR INVESTLORS, LLC - INTEREST 60,164 60,164 60,164
    FIC INCOME PARTNERSHIP - DIVIDENDS 5 5 5
    CHATWORTH - INTEREST 176,482 176,482 176,482
    BNY MELLON #6082 OTHER INCOME 169 169 169
    BNY MELLON #3395 OTHER INCOME 20 20 20
    BNY MELLON #3387 OTHER INCOME -8 -8 -8
    COASTAL REAL ESTATE - RENTAL INCOME -2,595 -2,595 -2,595
    MISCELLANEOUS INCOME 48 48 48


    TY 2020 OtherLiabilitiesSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Description Beginning of Year - Book Value End of Year - Book Value
    K-1 - USCI 59,601 0
    DUE TO 9,100 384
    CAT CALL 17,552 0
    ASCENDANCE II 43,434 384,527
    ATLANTIC CREEK RE FUND II 0 76,074


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 190,192 0   0
    OFFICE FEES 130,000 130,000   0


    TY 2020 SubstantialContributorsSch
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Name Address
    THOMAS B HUNTER IV 50 E WASHINGTON STREET SUITE 400
    CHICAGO,IL60602
    TSHARNER R HUNTER 50 E WASHINGTON STREET SUITE 400
    CHICAGO,IL60611


    TY 2020 TaxesSchedule
    Name:
    HUNTER FAMILY FOUNDATION
     
    C/O FINANCIAL INVESTMENT CORP
    EIN:
    37-1887329
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 30,679 30,679   0
    EXCISE TAXES 15,752 0   0