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
Mayer and Morris Kaplan Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)161 N Clark Street No 3030
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL60601
A Employer identification number

36-6099675
B Telephone number (see instructions)

(847) 681-5051
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$28,770,134J 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) 70,537
2 Check bullet.............
3 Interest on savings and temporary cash investments 14,351 14,351  
4 Dividends and interest from securities... 369,418 369,418  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -795,852
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 0
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 571,761 499,688  
12 Total. Add lines 1 through 11........ 230,215 883,457  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 143,040 0   143,040
14 Other employee salaries and wages...... 96,789 0   96,789
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 14,500 14,500   0
c Other professional fees (attach schedule).... Click to see attachment 116,922 116,922   0
17 Interest............... 42,663 42,663   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 16,322 16,322   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 6,249 0   0
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 535,444 457,726   77,718
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 971,929 648,133   317,547
25 Contributions, gifts, grants paid....... 1,584,545 2,097,545
26 Total expenses and disbursements. Add lines 24 and 25 2,556,474 648,133   2,415,092
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -2,326,259
b Net investment income (if negative, enter -0-) 235,324
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......... 720,004 650,876 650,876
3 Accounts receivable bullet53,353
Less: allowance for doubtful accounts bullet   20,580 53,353 53,353
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)....... 17,266,218 Click to see attachment10,536,761 10,536,761
c Investments—corporate bonds (attach schedule)....... 1,641,118 Click to see attachment1,008,498 1,008,498
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 9,633,039 Click to see attachment16,611,646 16,520,646
14 Land, buildings, and equipment: basis bullet105,425
Less: accumulated depreciation (attach schedule) bullet105,425      
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 29,280,959 28,861,134 28,770,134
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 890,000 377,000
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 attachment179,398 Click to see attachment23,898
23 Total liabilities (add lines 17 through 22)......... 1,069,398 400,898
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........... 28,211,561 28,460,236
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 28,211,561 28,460,236
30 Total liabilities and net assets/fund balances (see instructions). 29,280,959 28,861,134
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
28,211,561
2
Enter amount from Part I, line 27a .....................
2
-2,326,259
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
2,574,934
4
Add lines 1, 2, and 3 ..........................
4
28,460,236
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
28,460,236
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 Securities P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       -795,852
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       -795,852
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 -795,852
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 3,271
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 3,271
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 3,271
6 Credits/Payments:
a 2020 estimated tax payments and 2019 overpayment credited to 2020 6a 35,113
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 55,113
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 51,842
11 Enter the amount of line 10 to be: Credited to 2021 estimated taxBullet51,842 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
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)
    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 addressbulletkapfam.com
    14
    The books are in care ofbulletAlan Tinsmon Telephone no.bullet (847) 681-5066

    Located atbullet161 N Clark Street 3030ChicagoIL ZIP+4bullet60601
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2020, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VII-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)?...............
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.).......
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ........
    1b
     
     
    ........bullet
    c
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2020?.............
    1c
     
    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
    Dinaz I Mansuri Executive Director
    40.00     		143,040 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Jessica Kaplan Lundevall Chairperson/Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Charles Kaplan Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Anne Kaplan Vice President/Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Aura de La Fuente President/Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    David Kaplan President/Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Sarah Moore Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Hilary Kaplan Loretta Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Michael Kaplan Treasurer/Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Beth Kaplan Karmin Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Hannah Karmin Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Tellef Lundevall Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Kaja Lundevall Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    Curt Kaplan Trustee
    0.00     		0 0 0
    161 N Clark Street 3030
    Chicago,IL60601
    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
    28,348,640
    b
    Average of monthly cash balances.......................
    1b
    331,354
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    28,679,994
    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
    28,679,994
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    430,200
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    28,249,794
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    1,412,490
    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
    1,412,490
    2a
    Tax on investment income for 2020 from Part VI, line 5......
    2a
    3,271
    b
    Income tax for 2020. (This does not include the tax from Part VI.)...
    2b
    5,604
    c
    Add lines 2a and 2b............................
    2c
    8,875
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,403,615
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,403,615
    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
    1,403,615
    Part XII
    Qualifying Distributions (see instructions)
    1
    Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:
    a
    Expenses, contributions, gifts, etc.—total from Part I, column (d), line 26 ..........
    1a
    2,415,092
    b
    Program-related investments—total from Part IX-B..................
    1b
    0
    2
    Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc.,
    purposes...............................
    2
     
    3
    Amounts set aside for specific charitable projects that satisfy the:
    a
    Suitability test (prior IRS approval required)....................
    3a
     
    b
    Cash distribution test (attach the required schedule) .................
    3b
     
    4
    Qualifying distributions. Add lines 1a through 3b. Enter here and on Part V, line 8, and Part XIII, line 4
    4
    2,415,092
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b. See instructions.................
    5
    0
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    2,415,092
    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 1,403,615
    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...... 1,533,122
    b From 2016...... 1,189,335
    c From 2017...... 847,347
    d From 2018...... 1,247,821
    e From 2019...... 972,366
    fTotal of lines 3a through e........ 5,789,991
    4Qualifying distributions for 2020 from Part
    XII, line 4: bullet$ 2,415,092
    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..... 1,403,615
    e Remaining amount distributed out of corpus 1,011,477
    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 6,801,468
    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) ...     		1,533,122
    9Excess distributions carryover to 2021.
    Subtract lines 7 and 8 from line 6a ......     		5,268,346
    10 Analysis of line 9:
    a Excess from 2016.... 1,189,335
    b Excess from 2017.... 847,347
    c Excess from 2018.... 1,247,821
    d Excess from 2019.... 972,366
    e Excess from 2020.... 1,011,477
    Form 990-PF (2020)
    Form 990-PF (2020)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2020, enter the date of the ruling....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2020 (b) 2019 (c) 2018 (d) 2017
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part X, line 6 for each year listed...     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Dinaz I Mansuri Executive Director
    161 N Clark Street 3030
    Chicago,IL60601
    (847) 681-5051
    bThe form in which applications should be submitted and information and materials they should include:
    Please contact for: Application Procedures/Document Checklist
    cAny submission deadlines:
    None
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    None
    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
    University of Chicago
    969 East 60th Street
    Chicago,IL60637     		  PC general operating support for Network for College Success 42,000
    Be Well Therapy Inc
    PO Box 102
    Oceanside,CA92049     		  PC general operating support 1,000
    University of Chicago
    1313 E 60th St
    Chicago,IL60637     		  PC support of research on the college-to-career transition in Chicago 20,000
    Homeboy Industries
    130 W Bruno Street
    Los Angeles,CA90012     		  PC general operating support 1,500
    Chicago Volunteer Doulas
    PO Box 5851
    Chicago,IL606805851     		  PC general operating support 1,000
    The Chicago Community Foundation
    225 N Michigan Ave Ste 2200
    Chicago,IL60601     		  PF Chicago Education Equity Fund 16,000
    The Dalton School
    108 East 89th Street
    New York,NY10128     		  PC $25,000 for Capital Campaign and $25,000 for Annual Fund 50,000
    Ravinia Festival Association
    418 Sheridan Road
    Highland Park,IL60035     		  PC general operating support 5,000
    Art Institute of Chicago
    111 South Michigan Avenue
    Chicago,IL606036110     		  PC general operating support 5,000
    Chicago Symphony Orchestra
    220 South Michigan Avenue
    Chicago,IL60604     		  PC general operating support 5,000
    Chicago Botanic Garden
    1000 Lake Cook Road
    Glencoe,IL600220400     		  PC general operating support 5,000
    Chicago Public Media
    848 East Grand Avenue Navy Pier
    Chicago,IL60611     		  PC general operating support 5,000
    Environmental Defense Center
    906 Garden St
    Santa Barbara,CA93101     		  PC general operating support 5,000
    Community Environmental Council Inc
    26 W Anapamu Street Second Floor
    Santa Barbara,CA93101     		  PC general operating support 5,000
    350org
    20 Jay Street Suite 1010
    Brooklyn,NY11201     		  PC general operating support 5,000
    Hospice of Santa Barbara Inc
    2050 Alameda Padre Serra Ste 100
    Santa Barbara,CA93103     		  PC general operating support 5,000
    Sunrise Movement Education Fund
    50 F Street NW Suite 800
    Washington,DC20001     		  PC general operating support 5,000
    Dolores Huerta Foundation
    PO Box 2087
    Bakersfield,CA93301     		  PC general operating support 5,000
    The Art Base
    99 Midland Spur
    Basalt,CO81621     		  PC general operating support 2,000
    Nuestra Alianza de Willits
    291 School St Room 1
    Willits,CA95490     		  PC general operating support 500
    KZYX&Z
    PO Box 1
    Philo,CA95466     		  PC general operating support 500
    Willits Elementary Charter School
    1431 South Main St
    Willits,CA95490     		  PC general operating support 2,000
    Willits Charter School
    1431 South Main St
    Willits,CA95490     		  PC general operating support 2,000
    Embarc
    PO Box 221450
    Chicago,IL60622     		  PC general operating support 2,000
    Top Box Foods
    222 Merchandise Mart Plaza Ste 202A
    Chicago,IL60654     		  PC general operating support 500
    Valley of the Kings Sanctuary & Retreat
    W7593 Townhall Road
    Sharon,WI535859728     		  PC general operating support 500
    Sarah's Circle
    4838 N Sheridan Road
    Chicago,IL60640     		  PC general operating support 1,500
    Center on Halsted
    1515 E 52nd Place
    Chicago,IL60615     		  PC recommended for general operating support of Brave Space Alliance 500
    I Grow Chicago
    818 E 63rd St Suite 818 274
    Chicago,IL60637     		  PC general operating support 1,000
    I Grow Chicago
    818 E 63rd St Suite 818 274
    Chicago,IL60637     		  PC general operating support 1,000
    Hermosa Neighborhood Association
    PO Box 411408
    Chicago,IL60641     		  PC support of the holiday drive 1,000
    All Chicago
    651 W Washington Suite 504
    Chicago,IL60661     		  PC support of the Student Emergency Fund 4,600
    Austin Coming Together
    5049 W Harrison St
    Chicago,IL60644     		  PC general operating support 5,500
    Dine CARE
    HCR 63 Box 272
    Winslow,AZ86047     		  PC general operating support 1,800
    Kenwood Oakland Community Organization
    4242 S Cottage Grove Ave
    Chicago,IL60653     		  PC general operating support 5,500
    Mothers Against Senseless Killings Fdn
    POBox 368755
    Chicago,IL60636     		  PC general operating support 5,500
    National Center for Family Philanthropy
    1667 K Street NW Ste 550
    Washington,DC20006     		  PC Friend of the Family membership 1,500
    Social Justice Learning Institute
    600 Centinela Ave
    Inglewood,CA90302     		  PC support of the COVID-19 Response Fund 4,300
    Westside Justice Center
    601 S California Ave
    Chicago,IL606123305     		  PC general operating support 5,500
    Working Family Solidarity
    1857 W 19th St
    Chicago,IL606082713     		  PC general operating support 5,500
    Bottom Line
    65 East Wacker Place Suite 800
    Chicago,IL60601     		  PC support of student emergency funding 5,000
    Embarc
    PO Box 221450
    Chicago,IL60622     		  PC support of student emergency funding 5,000
    One Million Degrees
    180 N Wabash Suite 310
    Chicago,IL60601     		  PC support of student emergency funding 5,000
    OneGoal
    180 N Wabash Ave Suite 800
    Chicago,IL60601     		  PC support of student emergency funding 5,000
    Arrupe College - Loyola
    820 North Michigan Avenue
    Chicago,IL60661     		  PC support of student emergency funding 5,000
    National Louis University
    122 South Michigan Avenue
    Chicago,IL60603     		  PC support of student emergency funding 5,000
    USC Neighborhood Academic Initiative
    661 W Jefferson Blvd
    Los Angeles,CA90007     		  PC general operating support 45,000
    Braven
    100 N LaSalle Street Suite 310
    Chicago,IL60602     		  PC support of student emergency funding 5,000
    College Track
    2130 E First Street
    Los Angeles,CA90033     		  PC general operating support of Los Angeles programming 45,000
    North Lawndale College Prep
    1615 South Christiana Ave PO Box
    23400
    Chicago,IL60623     		  PC support of student emergency funding 5,000
    SBCC Foundation
    721 Cliff Drive
    Santa Barbara,CA93109     		  PC Support of the SBCC Promise 10,000
    Santa Barbara Dance Arts
    531 E Cota Street
    Santa Barbara,CA93103     		  PC general operating support for Arts Mentorship Program 10,000
    City Colleges of Chicago
    180 N Wabash Suite 200
    Chicago,IL60601     		  PC Chancellor's Retention Fund 11,000
    Austin Coming Together
    5049 W Harrison St
    Chicago,IL60644     		  PC general operating support 10,000
    Enlace
    2756 S Harding
    Chicago,IL60623     		  PC support of student emergency funding 5,000
    Project GRAD
    10200 Sepulveda Blvd Ste 225
    Mission Hills,CA91345     		  PC general operating support 45,000
    Partnership for Los Angeles Schools
    1055 Wilshire Boulevard Suite 1850
    Los Angeles,CA90017     		  PC general operating support 30,000
    National College Advising Corp
    301 W Barbee Chapel Road Suite 210
    Chapel Hill,NC27517     		  PC general operating support for Southern California 45,000
    All Chicago Making Homelessness History
    651 W Washington Suite 504
    Chicago,IL60661     		  PC support of the Student Emergency Fund 5,000
    Coalition for Humane Immigrant Rights
    2533 West Third Street Ste 101
    Los Angeles,CA90057     		  PC general operating support 21,000
    Umoja
    910 West Van Buren St Suite 710
    Chicago,IL60607     		  PC support of student emergency funding 5,000
    College Possible
    215 W Superior St Ste 300
    Chicago,IL60654     		  PC support of student emergency funding 5,000
    Enlace
    2756 S Harding
    Chicago,IL60623     		  PC support of student emergency funding 5,000
    Year Up Chicago
    233 West Jackson Blvd 400
    Chicago,IL60606     		  PC general operating support 35,000
    Campaign for College Opportunity
    1149 S Hill St Ste 925
    Los Angeles,CA90015     		  PC general operating support 25,000
    College Match (fiscal sponsor Community Partners)
    College Match c/o Community
    Partners 1000 N Alameda Street Suit
    Los Angeles,CA90012     		  PC general operating support 30,000
    Proyecto Pastoral
    135 N Mission Road
    Los Angeles,CA90033     		  PC support of Promesa Boyle Heights 30,000
    So California College Access Network (fiscal sponsor Community Partners)
    1000 N Alameda St Ste 240
    Los Angeles,CA90012     		  PC general operating support 40,000
    UCLA Luskin School of Public Affairs
    10889 Wilshire Boulevard Suite 700
    Los Angeles,CA900951406     		  PC general operating support of LAERI 35,000
    Alliance for Climate Education
    4696 Broadway Suite 2
    Boulder,CO80304     		  PC general operating support 30,000
    Crossroads Fund
    3411 W Diversey 20
    Chicago,IL60647     		  PF support of the Chicago Racial Justice Pooled Fund 75,000
    Communities for a Better Environment
    6325 Pacific Blvd Ste 300
    Huntington Park,CA90255     		  PC support of CBE's Community Fund 10,000
    Tides Foundation
    1012 Torney Avenue
    San Francisco,CA941291755     		  PC recommended for general operating support of Florida Rights Restoration Coalition Education Fund 25,000
    Citizen Action of Wisconsin Education
    221 S 2nd St
    Milwaukee,WI532041412     		  PC general operating support 50,000
    Jesus House New Orleans
    3108 Loyola Drive
    Kenner,LA70065     		  PC recommended for general operating support of Louisiana League of Smart Voters 20,000
    US Ski & Snowboard Foundation
    PO Box 100 1 Victory Lane
    Park City,UT84060     		  PC Marolt Athlete Endowment campaign - Bob Beattie Athlete Travel Fund 50,000
    US Ski & Snowboard Foundation
    PO Box 100 1 Victory Lane
    Park City,UT84060     		  PC general operating support (annual Inner Circle donation) 40,000
    All Chicago
    651 W Washington Suite 504
    Chicago,IL60661     		  PC support of the Student Emergency Fund 7,000
    Anti-Defamation League
    1120 Lincoln St Ste 1301
    Denver,CO80203     		  PC general operating support 2,500
    Bottom Line
    65 East Wacker Place Suite 800
    Chicago,IL60601     		  PC general operating support 40,000
    Braven Inc
    100 N LaSalle Street Suite 310
    Chicago,IL60602     		  PC general operating support 30,000
    Brown University
    164 Angell Street Box 1877
    Providence,RI02912     		  PC general operating support 500
    California Community Foundation
    221 S Figueroa St 400
    Los Angeles,CA90012     		  PF support of the RUSH Fund 30,000
    Central Queens Academy
    55-30 Junction Boulevard
    Elmhurst,NY11373     		  PC general operating support 35,000
    Chicago Community Trust
    225 N Michigan Suite 2200
    Chicago,IL60601     		  PF support of Chicagoland Workforce Funder Alliance's Pro Path Fund 15,000
    Chicago Cred
    300 E Randolph St
    Chicago,IL60601     		  PC support of 100 Blocks, 100 Churches 60,000
    Childrens Rights Inc
    88 Pine Street 800
    New York,NY10005     		  PC general operating support 1,500
    College Possible
    215 W Superior St Ste 300
    Chicago,IL60654     		  PC general operating support 30,000
    Communities for a Better Environment
    6325 Pacific Blvd Ste 300
    Huntington Park,CA90255     		  PC support of oil infrastructure opposition in California 25,000
    Conservation International
    2011 Crystal Drive Suite 500
    Arlington,VA22202     		  PC general operating support 2,500
    Cool Culture
    80 Hanson Place Suite 604
    Brooklyn,NY11217     		  PC general operating support 2,000
    CUB Consumer Ed and Research Fund
    309 W Washington St
    Chicago,IL60606     		  PC support of FEJA implementation and additional clean energy policies 20,000
    Duke University
    Alumni and Development Records Box
    90581
    Durham,NC277080581     		  PC support of Trinity College of Arts & Sciences 5,000
    Embarc
    PO Box 221450
    Chicago,IL60622     		  PC general operating support 40,000
    Embarc
    PO Box 221450
    Chicago,IL60622     		  PC general operating support 1,000
    Enlace Chicago
    2756 S Harding
    Chicago,IL60623     		  PC general operating support 35,000
    EveryTown for Gun Safety Support Fund
    PO Box 3886
    New York,NY10163     		  PC general operating support 5,000
    Friends of Brentano School
    c/o Brentano Math and Science
    Academy 2723 N Fairfield Ave
    Chicago,IL60647     		  PC general operating support 500
    Fund for the City of New York
    Scholarship Plus 525 E 80th St 11a
    New York,NY10013     		  PC support of Scholarship Plus 10,000
    Haleakala Inc
    512 W 19th Street
    New York,NY10011     		  PC general operating support 2,500
    Human Rights Watch
    314 West Superior St Ste 300
    Chicago,IL60654     		  PC general operating support 500
    JumpStart
    308 Congress Street 6th Floor
    Boston,MA02210     		  PC general operating support 2,000
    Loyola University of Chicago
    820 North Michigan Avenue
    Chicago,IL60661     		  PC general operating support of Arrupe College 40,000
    Medecins Sans Frontieres
    40 Rector Street 16th Floor
    New York,NY100061705     		  PC general operating support 5,000
    Midwest Access Project
    5215 N Ravenswood Suite 206
    Chicago,IL60640     		  PC general operating support 1,000
    National Louis University
    122 South Michigan Avenue
    Chicago,IL60603     		  PC general operating support 42,000
    Natural Resources Defense Council
    40 West 20th Street 11th Floor
    New York,NY10011     		  PC general operating support 2,500
    Natural Resources Defense Council
    40 West 20th Street 11th Floor
    New York,NY10011     		  PC support of DERs and building electrification in California 24,000
    North Lawndale College Preparatory School
    1615 South Christiana Ave PO Box
    23400
    Chicago,IL60623     		  PC general operating support 35,000
    North Shore Country Day School
    310 Green Bay Road
    Winnetka,IL60093     		  PC general operating support 500
    One Million Degrees
    180 N Wabash Suite 310
    Chicago,IL60601     		  PC general operating support 40,000
    OneGoal
    180 N Wabash Ave Suite 800
    Chicago,IL60601     		  PC general operating support 35,000
    Oxfam America
    226 Causeway Street 5th Floor
    Boston,MA021142206     		  PC general operating support 5,000
    Partners in Health
    PO Box 996
    Frederick,MD217059942     		  PC general operating support 5,000
    Partnership for College Completion
    200 S Michigan Ave 14th Fl
    Chicago,IL60604     		  PC general operating support 20,000
    Robert F Kennedy Human Rights
    88 Pine Street Suite 801
    New York,NY10005     		  PC general operating support 500
    Rockefeller Family Fund
    475 Riverside Drive Suite 900
    New York,NY10115     		  PF support for the Funder Collaborative on Oil & Gas 25,000
    Skidmore College
    Office of Advancement North Hall
    815 North Broadway
    Saratoga Springs,NY12866     		  PC general operating support 500
    Skills for Chicagoland's Future
    191 N Wacker Drive Suite 1150
    Chicago,IL60606     		  PC general operating support 25,000
    Southern Poverty Law Center
    400 Washington Ave
    Montgomery,AL36104     		  PC general operating support 10,000
    Stratton Mountain School
    World Cup Circle
    Stratton Mountain,VT051559402     		  PC general operating support 1,500
    Taft School
    110 Woodbury Rd
    Watertown,CT06795     		  PC general operating support 1,000
    The Chicago Public Education Fund
    200 West Adams Suite 1910
    Chicago,IL60606     		  PC general operating support 10,000
    The New 42nd Street Inc
    229 West 42nd Street 10th Floor
    New York,NY10036     		  PC support of the Annual Fund of New Victory Theater 5,000
    Tulane University
    PO Box 61075
    New Orleans,LA70118     		  PC general operating support 5,000
    Umoja Student Development Corporation
    910 West Van Buren St Suite 710
    Chicago,IL60607     		  PC general operating support 40,000
    United States Holocaust Memorial Museum
    100 Raoul Wallenberg Pl SW
    Washington,DC20024     		  PC general operating support 1,500
    University of Chicago
    969 East 60th Street
    Chicago,IL60637     		  PC general operating support for Network for College Success 42,000
    University of Chicago
    1313 E 60th St
    Chicago,IL60637     		  PC support of research on the college-to-career transition in Chicago 20,000
    university of Colorado Foundation
    INVST Community Studies 471 UCB
    Boulder,CO803090471     		  PC support of the INVST program 2,500
    university of Colorado Foundation
    1800 Grant St Ste 725
    Denver,CO80203     		  PC support of the Parent Fund 5,000
    University of Denver
    Attn Gift Processing PO Box 910585
    Denver,CO802910585     		  PC general operating support 5,000
    Wagner Free Institute of Science
    1700 West Montgomery Avenue
    Philadelphia,PA19121     		  PC general operating support 2,000
    Williams College
    75 Park Street
    Williamstown,MA01267     		  PC financial aid 15,000
    Youth Guidance
    1 North LaSalle Street Suite 900
    Chicago,IL60602     		  PC support of WOW 1,000
    Columbia Riverkeeper
    407 Portway Avenue Suite 301
    Hood River,OR97031     		  PC support of fighting new and expanded gas infrastructure in the Pacific Northwest 50,000
    Columbia Riverkeeper
    407 Portway Avenue Suite 301
    Hood River,OR97031     		  PC support of the Power Past Fracked Coalition 35,000
    Conservation Law Foundation
    62 Summer St
    Boston,MA02110     		  PC support of the campaign for renewable energy and states' utility reform 20,000
    Western Resource Advocates
    2260 Baseline Rd 200
    Boulder,CO80302     		  PC support of transportation electrification in Colorado 20,000
    Elevate Energy
    322 S Green St 300
    Chicago,IL60607     		  PC support of CEJA and building electrification 20,000
    Forefront
    C/O FBRK Impact House 200 W Madison
    St 2nd Floor
    Chicago,IL60606     		  PC 2020 membership 2,845
    Forefront
    C/O FBRK Impact House 200 W Madison
    St 2nd Floor
    Chicago,IL60606     		  PC $1,000 for general operating support and $500 for support of the Advancing Racial Equity committee 1,500
    Total .................................bullet 3a 2,097,545
    bApproved for future payment
    Chicago Cred Inc
    CO Vistria 300 E Randolph No 3
    Chicago,IL60601     		  PC general operating support 180,000
    Total .................................bullet 3b 180,000
    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 ...........     		900000 2 14 14,349  
    4 Dividends and interest from securities.... 900000 96 14 369,322  
    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..... 900000   18 511,143  
    8 Gain or (loss) from sales of assets other than
    inventory ............     		900000 63,342 18 -870,649  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFederal excise taxes     		        72,073
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 63,440 24,165 72,073
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    159,678
    (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.)
    11 Federal excise tax benefit
    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
    Mayer and Morris Kaplan Foundation
     
    Employer identification number

    36-6099675
    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
    Mayer and Morris Kaplan Foundation
          		Employer identification number
    36-6099675
    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
    Aura De La Fuente
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 15,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    Tellef Lundevall
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 100


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    Beth Kaplan Karmin
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 19,937


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    Hilary Kaplan Loretta
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 1,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    Curt Kaplan
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 3,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    Anne Kaplan
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 30,000


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990, 990-EZ, or 990-PF) (2020)
    Name of organization
    Mayer and Morris Kaplan Foundation
          		Employer identification number
    36-6099675
    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
    7
    David Kaplan
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 500


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    Sarah Kaplan Moore
    161 N Clark Street 3030
     
    Chicago, IL60601

    		$ 1,000


    (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.)
    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
    Mayer and Morris Kaplan Foundation
          		Employer identification number

    36-6099675
    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
    3
    		 53 Shares of Costco Inc. $ 19,937 2020-11-04
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 Securities and mutual funds $ 30,000 2020-12-31
    (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
    Mayer and Morris Kaplan Foundation
          		Employer identification number

    36-6099675
    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:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Accounting 14,500 14,500   0

    TY 2020 InvestmentsCorpBondsSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Name of Bond End of Year Book Value End of Year Fair Market Value
    Bond mutual funds 1,008,498 1,008,498

    TY 2020 InvestmentsCorpStockSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Name of Stock End of Year Book Value End of Year Fair Market Value
    Common stocks and mutual funds 10,536,761 10,536,761

    TY 2020 InvestmentsOtherSchedule2
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Investments in limited partnerships FMV 13,656,831 13,565,831
    Offshore Hedge Funds FMV 2,954,815 2,954,815

    TY 2020 OtherExpensesSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Investment Expenses 457,726 457,726   0
    Office Expenses 62,113 0   62,113
    Consulting Expenses 15,590 0   15,590
    Illinois Filing Fee 15 0   15


    TY 2020 OtherIncomeSchedule2
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Other Income 499,688 499,688 499,688
    Federal excise taxes 72,073   72,073


    TY 2020 OtherIncreasesSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Description Amount
    Unrealized Gain 2,574,934


    TY 2020 OtherLiabilitiesSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Description Beginning of Year - Book Value End of Year - Book Value
    Current and Deferred Income and Excise Taxes Payable, Net 143,599 11,525
    Checks Issued in Excess of Funds on Deposit 35,799 12,373


    TY 2020 OtherProfessionalFeesSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Advisor Fees 116,922 116,922   0


    TY 2020 SubstantialContributorsSch
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Name Address
    Anne Kaplan 161 N Clark Street 3030
    Chicago,IL60601
    Aura De La Fuente 161 N Clark Street 3030
    Chicago,IL60601
    Beth Kaplan Karmin 161 N Clark Street 3030
    Chicago,IL60601


    TY 2020 TaxesSchedule
    Name:
    Mayer and Morris Kaplan Foundation
    EIN:
    36-6099675
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Foreign & State Taxes 16,322 16,322   0