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. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 01-01-2021 , and ending 12-31-2021
Name of foundation
STEANS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)50 E WASHINGTON STREET 400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60602
A Employer identification number

36-3486843
B Telephone number (see instructions)

(312) 467-5900
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$395,259,469J 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) 679,020
2 Check bullet.............
3 Interest on savings and temporary cash investments 24,192 24,192  
4 Dividends and interest from securities... 7,571,884 7,571,884  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 15,479,599
b Gross sales price for all assets on line 6a 28,345,985
7 Capital gain net income (from Part IV, line 2)... 15,479,599
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 -386,325 -482,649  
12 Total. Add lines 1 through 11........ 23,368,370 22,593,026  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages...... 1,791,363 0   1,791,363
15 Pension plans, employee benefits....... 264,573 0   264,573
16a Legal fees (attach schedule)......... Click to see attachment 20,768 0   20,768
b Accounting fees (attach schedule)....... Click to see attachment 6,659 0   6,659
c Other professional fees (attach schedule).... Click to see attachment 449,157 288,292   160,865
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 624,860 36,748   588,112
19 Depreciation (attach schedule) and depletion... Click to see attachment 85,290 0  
20 Occupancy.............. 78,537 0   78,537
21 Travel, conferences, and meetings....... 5,048 0   5,048
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 1,604,811 0   1,604,811
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 4,931,066 325,040   4,520,736
25 Contributions, gifts, grants paid....... 14,399,164 14,399,164
26 Total expenses and disbursements. Add lines 24 and 25 19,330,230 325,040   18,919,900
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 4,038,140
b Net investment income (if negative, enter -0-) 22,267,986
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
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............. 55,060,790 23,321,898 23,321,898
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet43,307
Less: allowance for doubtful accounts bullet   738 43,307 43,307
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.......... 32,136 35,870 35,870
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 183,820,942 Click to see attachment179,898,962 275,829,100
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).......... 73,304,988 Click to see attachment93,939,557 92,245,107
14 Land, buildings, and equipment: basis bullet5,096,715
Less: accumulated depreciation (attach schedule) bullet1,355,781 2,685,424 Click to see attachment3,740,934 3,740,934
15 Other assets (describe bullet) Click to see attachment43,273 Click to see attachment43,253 Click to see attachment43,253
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 314,948,291 301,023,781 395,259,469
Liabilities 17 Accounts payable and accrued expenses.......... 24,790,872 3,999,243
18 Grants payable................. 2,975,000 5,498,130
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment3,152,735 Click to see attachment3,458,584
23 Total liabilities (add lines 17 through 22)......... 30,918,607 12,955,957
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........... 284,029,684 288,067,824
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)..... 284,029,684 288,067,824
30 Total liabilities and net assets/fund balances (see instructions). 314,948,291 301,023,781
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
284,029,684
2
Enter amount from Part I, line 27a .....................
2
4,038,140
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
288,067,824
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
288,067,824
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED STOCKS - LONG TERM P    
b FROM PASSTHROUGH K-1S P    
c PUBLICLY TRADED STOCKS - SHORT TERM P    
d PUBLICLY TRADED STOCKS - SHORT TERM P    
e PUBLICLY TRADED STOCKS - LONG TERM P    
PUBLICLY TRADED STOCKS - SHORT TERM P    
PUBLICLY TRADED STOCKS - LONG TERM P    
PUBLICLY TRADED STOCKS - LONG TERM P    
PUBLICLY TRADED STOCKS - SHORT TERM P    
WRITE OFF OF INVESTMENTS P    
FROM PASSTHROUGH K-1S P    
(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 6,225,672   1,375,394 4,850,278
b 2,834,718     2,834,718
c 35,131   39,403 -4,272
d 517,810     517,810
e 2,254,076   1,736,734 517,342
4,643,392   4,215,300 428,092
7,211,750   4,425,139 2,786,611
1,591,593   450,514 1,141,079
2,438,807   18,344 2,420,463
    605,558 -605,558
593,036     593,036
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       4,850,278
b       2,834,718
c       -4,272
d       517,810
e       517,342
      428,092
      2,786,611
      1,141,079
      2,420,463
      -605,558
      593,036
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 15,479,599
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  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
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 All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) 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........................... 3 309,525
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- ..... 5 309,525
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 304,586
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 170,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 474,586
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 10 165,061
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet165,061 RefundedBullet 11 0
Part VI-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 XIV..................................
    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 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-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 addressbulletSTEANSFAMILYFOUNDATION.ORG
    14
    The books are in care ofbulletDAVE GERVASE Telephone no.bullet (312) 235-4521

    Located atbullet50 E WASHINGTON STREET SUITE 400CHICAGOIL ZIP+4bullet60602
    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 2021, 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 VI-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? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (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)? ......................
    1a(5)
     
    No
    (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.) ...............
    1a(6)
     
    No
    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
    c
    ........bullet
    d
    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 2021? .............
    1d
     
    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 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    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? ..............................
    3a
    Yes
     
    b
    If "Yes," did it have excess business holdings in 2021 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 2021.) .....................
    3b
     
    No
    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 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-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))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    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? .................
    5d
    Yes
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d). Click to see attachment
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    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?
    7a
     
    No
    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? .........................
    8
     
    No
    Part VII
    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
    LOIS STEANS TRUSTEE
    5.00     		0 0 0
    1900 MEADOW LANE
    BANNOCKBURN,IL60015
    HEATHER STEANS PRESIDENT
    30.00     		0 0 0
    5348 N LAKEWOOD
    CHICAGO,IL60640
    ROBIN STEANS VICE PRESIDENT
    30.00     		0 0 0
    440 W BELDEN
    CHICAGO,IL60614
    JENNIFER STEANS TREASURER
    5.00     		0 0 0
    2324 LINCOLNWOOD
    EVANSTON,IL60201
    JIM KASTENHOLZ TRUSTEE
    5.00     		0 0 0
    2324 LINCOLNWOOD
    EVANSTON,IL60201
    LEO SMITH TRUSTEE
    5.00     		0 0 0
    5348 N LAKEWOOD
    CHICAGO,IL60640
    LENNY GAIL TRUSTEE
    5.00     		0 0 0
    440 W BELDEN
    CHICAGO,IL60614
    REGINALD JONES TRUSTEE
    5.00     		0 0 0
    50 E WASHINGTON STREET SUITE 400
    CHICAGO,IL60602
    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 (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    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
    FINANCIAL INVESTMENT CORPORATION CONSULTING FEES 288,292
    50 E WASHINGTON ST SUITE 400
    CHICAGO,IL60602
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-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 GRANT MAKING AND PROGRAMS INTENDED TO REVITALIZE THE NORTH LAWNDALE NEIGHBORHOOD ON CHICAGO'S WEST SIDE 13,067,294
    2  
    3  
    4  
    Part VIII-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 (2021)
    Form 990-PF (2021)
    Page 8
    Part IX
    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
    347,020,606
    b
    Average of monthly cash balances.......................
    1b
    26,823,127
    c
    Fair market value of all other assets (see instructions)................
    1c
    33,363
    d
    Total (add lines 1a, b, and c).........................
    1d
    373,877,096
    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
    373,877,096
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    5,608,156
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    368,268,940
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    18,413,447
    Part X
    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 IX, line 6..................
    1
    18,413,447
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    309,525
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    33,252
    c
    Add lines 2a and 2b............................
    2c
    342,777
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    18,070,670
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    18,070,670
    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 XII, line 1 ...
    7
    18,070,670
    Part XI
    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
     
    b
    Program-related investments—total from Part VIII-B..................
    1b
     
    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 XII, line 4.
    4
     
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 9
    Part XII
    Undistributed Income (see instructions)
    (a)
    Corpus     		(b)
    Years prior to 2020     		(c)
    2020     		(d)
    2021
    1 Distributable amount for 2021 from Part X, line 7 18,070,670
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 5,954,807
    b From 2017...... 8,019,378
    c From 2018...... 9,732,209
    d From 2019...... 8,978,780
    e From 2020...... 2,587,297
    f Total of lines 3a through e ........ 35,272,471
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 18,919,900
    a Applied to 2020, 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 2021 distributable amount..... 18,070,670
    e Remaining amount distributed out of corpus 849,230
    5 Excess distributions carryover applied to 2021. 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 36,121,701
    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 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		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 2016 not
    applied on line 5 or line 7 (see instructions) ...     		5,954,807
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		30,166,894
    10 Analysis of line 9:
    a Excess from 2017.... 8,019,378
    b Excess from 2018.... 9,732,209
    c Excess from 2019.... 8,978,780
    d Excess from 2020.... 2,587,297
    e Excess from 2021.... 849,230
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-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 2021, 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) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    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 IX, 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 XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    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
    GRANTS- SEE ATTACHED LIST
    VARIOUS
    VARIOUS,IL99999     		NONE PC GENERAL SUPPORT 13,067,294
    OTHER GRANTS
    VARIOUS
    VARIOUS,IL99999     		NONE PUBLIC GENERAL SUPPORT 1,331,870
    Total .................................bullet 3a 14,399,164
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 12
    Part XV-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 24,192  
    4 Dividends and interest from securities ....          
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6 Net rental income or (loss) from personal property          
    7 Other investment income .....          
    8 Gain or (loss) from sales of assets other than
    inventory ............     		530000 593,036 18 14,886,563  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aVIA K-1: ORDINARY INCOME     		  834,102 16 143,476  
    bVIA K-1: INTEREST INCOME   3,099 14 391,866  
    cVIA K-1: DIVIDEND INCOME   1,973 14 129,168  
    dVIA K-1: RENT INCOME   -742,850 14 -34,754  
    eVIA K-1: PORTFOLIO DEDUCTIONS     16 -21,260  
    fVIA K-1: OTHER DEDUCTIONS     16 -1,176,872  
    gVIA K-1: OTHER INCOME     16 113,010  
    hVIA K-1: FOREIGN TAX     16 -12,171  
    iVIA K-1: ROYALTY INCOME     15 7,851  
    jMISCELLANEOUS INCOME     14 -22,963  
    12 Subtotal. Add columns (b), (d), and (e) .. 689,360 21,999,990 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    22,689,350
    (See worksheet in line 13 instructions to verify calculations.)
    Part XV-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 XV-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 (2021)
    Form 990-PF (2021)
    Page 13
    Part XVI
    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 (2021)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description
    Schedule B
    (Form 990)
    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
    2021
    Name of the organization
    STEANS FAMILY FOUNDATION
     
    Employer identification number

    36-3486843
    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) (2021)
    Schedule B (Form 990) (2021) Page 2
    Name of organization
    STEANS FAMILY FOUNDATION
          		Employer identification number
    36-3486843
    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
    SYDNEY STEANS-GAIL
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 1,247


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    2
    JENNIFER STEANS DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 235,392


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    3
    ROBIN M STEANS - DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 59,131


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    4
    HEATHER A STEANS DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 215,578


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    5
    ROBIN M STEANS - DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 28,186


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    6
    LEAH STEANS-GAIL - DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 28,186


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Name of organization
    STEANS FAMILY FOUNDATION
          		Employer identification number
    36-3486843
    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
    JENNIFER STEANS DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 80,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    8
    JENNIFER STEANS DAF
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 30,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
    9
    PHILIP LOUDEN
     
    50 E WASHINGTON STREET 400
     
    CHICAGO, IL60602

    		$ 1,300


    (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) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    STEANS FAMILY FOUNDATION
          		Employer identification number

    36-3486843
    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
    1
    		 280 SHARES XOM (COST $1,247, FMV $17,073) $ 17,073 2021-03-10
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    2
    		 25,000 SHARES FITB (COST $235,392, FMV $437,163) $ 437,163 2021-04-26
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    3
    		 6,450 SHARES FITB (COST $59,131, FMV $543,830) $ 543,830 2021-04-29
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    4
    		 24,000 SHARES FITB (COST $215,578, FMV $350,920) $ 350,920 2021-05-07
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    5
    		 1,800 SHARES FHN (COST 28,186, FMV $27,801) $ 27,801 2021-07-28
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
    6
    		 1,800 SHARES FHN (COST 28,186, FMV $27,801) $ 27,801 2021-07-28
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    STEANS FAMILY FOUNDATION
          		Employer identification number

    36-3486843
    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) (2021)
    Additional Data


    Software ID:  
    Software Version:  

    TY 2021 AccountingFeesSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,659 0   6,659

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

    TY 2021 DepreciationSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    GARLAND OFFICE 2008-01-01 2,672,455 887,957 SL 39.000000000000 68,524 0    
    GARLAND OFFICE - FURNITURE AND FIXTURES 2008-01-01 186,391 186,391 200DB 7.000000000000 0 0    
    GARLAND OFFICE - IT EQUIPMENT 2008-01-01 49,853 49,853 200DB 5.000000000000 0 0    
    COMMUNITY FAC - 1606 CHRISTIANA 2007-10-30 30,000   L   0 0    
    RL ACQUISITIONS - 4338-46 W. 18TH ST 2007-11-15 130,000   L   0 0    
    RL ACQUISITIONS - 1626 S. CHRISTIANA 2008-01-24 35,000   L   0 0    
    RL ACQUISITIONS - 4343 W. 18TH ST 2008-01-16 85,000   L   0 0    
    COMMUNITY FAC - 1600-02 CHRISTIANA 2008-10-08 90,000   L   0 0    
    PARKING SPACES - HERITAGE 2008-01-01 300,000 99,676 SL 39.000000000000 7,692 0    
    FURNITURE AND FIXTURES 2009-04-28 6,458 3,229 200DB 7.000000000000 0 0    
    COMPUTER EQUIPMENT - SERVER 2009-04-03 3,203 1,601 200DB 5.000000000000 0 0    
    CARD KEY SYSTEM 2013-03-01 5,432 2,716 200DB 5.000000000000 0 0    
    PHONE SYSTEM 2013-08-16 7,286 3,643 200DB 5.000000000000 0 0    
    GARLAND OFFICE - IT EQUIPMENT 2016-06-29 10,018 4,721 200DB 5.000000000000 288 0    
    NORTH CHICAGO BUILD OUT 2018-07-30 21,542 1,357 SL 39.000000000000 552 0    
    NORTH CHICAGO BUILD OUT 2019-07-30 297,152 11,111 SL 39.000000000000 7,619 0    
    NORTH CHICAGO BUILD OUT 2020-09-30 23,985 179 SL 39.000000000000 615 0    
    RL ACQUISITIONS - 3917 W ROOSEVELT 2021-08-09 240,000   L   0 0    
    RL ACQUISITIONS - 3932 W ROOSEVELT 2021-08-09 312,800   L   0 0    
    RL ACQUISITIONS - 3935 W ROOSEVELT 2021-08-09 240,000   L   0 0    
    RL ACQUISITIONS - 1600 S. KEDZIE 2021-08-19 348,000   L   0 0    

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    TY 2021 ExpenditureResponsibilityStmt
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
    CITY OF NORTH CHICAGO
          		1850 LEWIS AVE
    NORTH CHICAGO,IL60064     		2021-12-31 90,000 SUMMER OPPORTUNITIES PROGRAM 90,000 NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.      
    NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187
          		DISTRICT 187 2000 LEWIS AVE
    NORTH CHICAGO,IL60064     		2021-11-17 40,000 SUPPORT FOR CAREER NAVIGATOR POSITION AT NORTH CHICAGO'S HIGH SCHOOL 40,000 NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.      
    NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187
          		DISTRICT 187 2000 LEWIS AVE
    NORTH CHICAGO,IL60064     		2021-11-17 91,000 SUPPORT FOR ON-TRACK INITIATIVE AT NORTH CHICAGO'S HIGH SCHOOL - YEAR 3 91,000 NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.      
    LAKE COUNTY HEALTH DEPARTMENT AND COMMUNITY HEALTH CENTER
          		3010 GRAND AVE
    WAUKEGAN,IL60085     		2021-06-09 22,000 SUPPORT FOR EARLY CHILDHOOD COMMUNITY SYSTEMS WORK 22,000 NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.      
    LAKE COUNTY HEALTH DEPARTMENT AND COMMUNITY HEALTH CENTER
          		3010 GRAND AVE
    WAUKEGAN,IL60085     		2021-09-15 45,000 YEARS 2 AND 3 OF COORDINATED INTAKE IN LAKE COUNTY 45,000 NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.      
    NORTH CHICAGO COMMUNITY UNIFIED SCHOOL DISTRICT 187
          		DISTRICT 187 2000 LEWIS AVE
    NORTH CHICAGO,IL60064     		2021-11-17 30,000 SUPPORT FOR PEER MENTORING INITIATIVES AT D187'S HIGH SCHOOL AND MIDDLE SCHOOL 30,000 NO PART HAS BEEN USED FOR OTHER THAN ITS INTENDED PURPOSE.      

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Name of Stock End of Year Book Value End of Year Fair Market Value
    GOOGLE 2,878,355 6,076,539
    AMC NETWORKS INC 870,100 482,160
    APPLE 1,451,604 3,551,400
    PAR PACIFIC HOLDINGS INC. 768,825 742,050
    BANK OF AMERICA 3,546,487 6,174,589
    BANK OF MONTREAL 3,807,250 5,386,000
    ABBVIE 291,738 469,026
    SOUTHSTATE CORP 454,226 418,254
    AMAZON 1,010,003 1,100,332
    PFIZER 714,609 1,121,950
    VERIZON COMMUNICATIONS, INC. 1,135,500 1,039,200
    VALLEY NATIONAL BANCORP 19,388,740 35,977,177
    UNITED PARCEL SERVICE 1,168,493 2,250,570
    SYSCO 1,045,192 1,335,350
    SUPERIOR UNIFORM GROUP, INC. 355,700 438,800
    MCDONALDS 1,355,178 1,876,490
    BERKSHIRE HATHAWAY INC 2,065,785 3,154,634
    DARDEN RESTAURANTS 1,023,184 1,807,680
    ABBOTT LABS 997,750 1,829,620
    EXCHANGE BANK 2,437,724 2,274,380
    GILEAD SCIENCES INC. 1,754,194 1,945,948
    MICROSOFT CORPORATION 2,300,203 6,894,560
    HANESBRAND, INC 946,000 836,000
    HAWAIIAN ELECTRIC 304,880 332,000
    LIBERTY OILFIELD SERVICES 8,688,038 5,044,000
    SOUTHERN CO 1,338,221 1,577,340
    ILLINOIS TOOL WORKS 434,670 740,400
    JOHNSON & JOHNSON 737,150 855,350
    ISHARES NASDAQ BIOTECHNOLOGY ETF 1,386,087 1,877,226
    KELLOGG 1,015,455 1,030,720
    KYNDRYL HOLDINGS INC 95,914 59,296
    ROYAL DUTCH SHELL PLC - CLASS A 502,280 347,200
    FIFTH THIRD BANCORP 5,745,082 10,333,457
    INTERNATIONAL BUSINESS MACHINES 2,197,495 2,189,885
    FIRST HORIZON 199,992 2,990,317
    FORD MOTOR CO. 883,000 2,077,000
    JP MORGAN 103,746,658 158,247,500
    GENERAL ELECTRIC CO. 857,200 944,700

    TY 2021 InvestmentsOtherSchedule2
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    SCHWAB - CASH AT COST 11,543,400 11,543,400
    TRICOCI AT COST 97,958 96,957
    SCHWAB - COST AT COST 19,817,321 22,206,036
    SAAS CAPITAL QP AT COST 1,778,985 1,781,821
    RECLAIMING CHICAGO, NFP AT COST 2,500,000 2,500,000
    94V CO-INVEST AT COST 41,170 105,503
    CONCENTRIC EQUITY PARTNERS AT COST 2,830,733 972,889
    DOUBLE G PROPERTIES AT COST 100,082 95,469
    FIC INCOME PARTNERSHIP AT COST 124,056 10,097
    NB CO-INVEST AT COST 92,069 815,981
    GRAND CROSSING AT COST 115,193 432,185
    HUNTING POINT AT COST 169,618 168,660
    LAKESIDE I AT COST 2,350,778 0
    PURPOSE WORKFORCE SOLUTIONS AT COST 1,100,000 1,100,000
    WITZ X AT COST 384,930 113,927
    LARAMAR MAUI AT COST 3,221,998 3,470,580
    LARAMAR JV AT COST 532,465 299,449
    LARIO AT COST 6,054,794 5,437,450
    LIBERTY AT COST 589,091 655,230
    MANGROVE II AT COST 809,534 431,712
    MANGROVE III AT COST 421,056 509,188
    MCS PCIII AT COST 34,714 34,714
    HEARD AT COST 4,558,601 5,429,523
    COASTAL RE AT COST 413,411 416,006
    CAGP V AT COST 206,021 809,694
    PRAIRIE CAPITAL IV AT COST 65,233 22,729
    CIRCLE TOWER AT COST 1,800,713 1,701,074
    VISION AT COST 10,219 10,017
    ROSE AFFORDABLE HOUSING PRES IV AT COST 429,554 508,625
    VISION II AT COST 2,175 1,853
    BRAUVIN NET LEASE INC - FUND II AT COST 5,213,755 4,687,638
    WAUD CAPITAL AT COST 18,121 0
    NINE FOUR VENTURES AT COST 582,513 660,298
    LAKESIDE WORKFORCE HOUSING II AT COST 4,761,698 5,434,194
    PRAIRIE CAPITAL V AT COST 1,622,386 130,902
    NATIONAL POST SECONDARY STRATEGY AT COST 125,000 125,000
    ATLANTIC CREEK RE FUND III AT COST 125,753 159,289
    BRAUVIN 18 FUND III AT COST 2,146,000 2,146,000
    CARLYLE REALTY IV AT COST 938,952 0
    PROMUS AT COST 565,183 676,526
    CEP II - CAGP V AT COST 1,187,747 2,181,339
    LARAMAR CIRCLE TOWERS AT COST 118,855 118,855
    PRAIRIE CAPITAL VI AT COST 2,129,400 2,468,715
    METROPOLITAN FAMILY SERVICES AT COST 300,000 300,000
    ATLANTIC CREEK RE FUND II AT COST 40,944 144,434
    WOLD AT COST 1,955,213 1,413,295
    LAWNDALE CHRISTIAN DEVELOPMENT AT COST 96,500 96,500
    LARAMAR MOB AT COST 4,019,130 4,019,130
    LARAMAR/HARTFORD AT COST 2,512,986 2,512,986
    PRAIRIE CAPITAL III AT COST 7,658 13,346
    CAST AT COST 428,001 428,001
    PRAIRIE CAPITAL VII AT COST 714,626 714,626
    RECAST AT COST 817,547 817,547
    RED ARTS AT COST 1,315,717 1,315,717

    TY 2021 LandEtcSchedule2
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    GARLAND OFFICE 2,672,455 956,481 1,715,974  
    GARLAND OFFICE - FURNITURE AND FIXTURES 186,391 186,391 0  
    GARLAND OFFICE - IT EQUIPMENT 49,853 49,853 0  
    COMMUNITY FAC - 1606 CHRISTIANA 30,000 0 30,000  
    RL ACQUISITIONS - 4338-46 W. 18TH ST 130,000 0 130,000  
    RL ACQUISITIONS - 1626 S. CHRISTIANA 35,000 0 35,000  
    RL ACQUISITIONS - 4343 W. 18TH ST 85,000 0 85,000  
    COMMUNITY FAC - 1600-02 CHRISTIANA 90,000 0 90,000  
    PARKING SPACES - HERITAGE 300,000 107,368 192,632  
    FURNITURE AND FIXTURES 6,458 6,458 0  
    SOFTWARE 2,140 2,140 0  
    COMPUTER EQUIPMENT - SERVER 3,203 3,203 0  
    CARD KEY SYSTEM 5,432 5,432 0  
    PHONE SYSTEM 7,286 7,286 0  
    GARLAND OFFICE - IT EQUIPMENT 10,018 10,018 0  
    NORTH CHICAGO BUILD OUT 21,542 1,909 19,633  
    NORTH CHICAGO BUILD OUT 297,152 18,730 278,422  
    NORTH CHICAGO BUILD OUT 23,985 794 23,191  
    RL ACQUISITIONS - 3917 W ROOSEVELT 240,000 0 240,000  
    RL ACQUISITIONS - 3932 W ROOSEVELT 312,800 0 312,800  
    RL ACQUISITIONS - 3935 W ROOSEVELT 240,000 0 240,000  
    RL ACQUISITIONS - 1600 S. KEDZIE 348,000 0 348,000  


    TY 2021 LegalFeesSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 20,768 0   20,768


    TY 2021 OtherAssetsSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    TRANSIT CLEARING -640 -640 -640
    DUE FROM PHOENIX PACT 43,913 43,893 43,893


    TY 2021 OtherExpensesSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    BUSINESS INSURANCE 19,342 0   19,342
    OFFICE SUPPLIES 55,716 0   55,716
    ASSESSMENTS 132,677 0   132,677
    MEMBERSHIP DUES 16,201 0   16,201
    PROGRAM RELATED EXPENSES 1,380,875 0   1,380,875


    TY 2021 OtherIncomeSchedule2
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    VIA K-1: ORDINARY INCOME 977,578 143,476 977,578
    VIA K-1: INTEREST INCOME 394,965 391,866 394,965
    VIA K-1: DIVIDEND INCOME 131,141 129,168 131,141
    VIA K-1: RENT INCOME -777,604 -34,754 -777,604
    VIA K-1: PORTFOLIO DEDUCTIONS -21,260 -21,260 -21,260
    VIA K-1: OTHER DEDUCTIONS -1,176,872 -1,176,872 -1,176,872
    VIA K-1: OTHER INCOME 113,010 113,010 113,010
    VIA K-1: FOREIGN TAX -12,171 -12,171 -12,171
    VIA K-1: ROYALTY INCOME 7,851 7,851 7,851
    MISCELLANEOUS INCOME -22,963 -22,963 -22,963


    TY 2021 OtherLiabilitiesSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Description Beginning of Year - Book Value End of Year - Book Value
    INVESTMENT IN ASCENDANCE CAP PARTNERS II 554,284 554,284
    INVESTMENT IN CAGP III 200,488 200,546
    EXCISE TAXES PAYABLE 56,178 135,314
    INVESTMENT IN EDPO 144,783 144,783
    INVESTMENT IN CAGP IV 1,097,759 1,214,289
    INVESTMENT IN BLACKFORD 205,059 348,648
    INVESTMENT IN MOUNTAIN WASTE I 1,548 1,548
    INVESTMENT IN MOUNTAIN WASTE II 79,148 79,148
    INVESTMENT IN PROVEST 4,551 4,971
    INVESTMENT IN STAY ALFRED 738,916 738,916
    INVESTMENT IN 94V CO-INVEST 64,333 0
    INVESTMENT IN PRAIRIE CAPITAL III 5,688 0
    INVESTMENT IN PRAIRIE CAPITAL III SPV 0 36,137


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PROFESSIONAL SERVICES 449,157 288,292   160,865


    TY 2021 TaxesSchedule
    Name:
    STEANS FAMILY FOUNDATION
    EIN:
    36-3486843
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL TAXES 134,839 0   134,839
    EXCISE TAXES 453,273 0   453,273
    FOREIGN TAX WITHHELD 36,748 36,748   0