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
SARGENT FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 620
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WINNETKA, IL60093
A Employer identification number

35-7011349
B Telephone number (see instructions)

(847) 234-5000
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$22,740,026J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule) 2,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 15,919 15,919  
4 Dividends and interest from securities... 475,548 475,548  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,007,663
b Gross sales price for all assets on line 6a 2,443,511
7 Capital gain net income (from Part IV, line 2)... 841,581
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 2,390 2,390  
12 Total. Add lines 1 through 11........ 3,501,520 1,335,438  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 55,960 55,960   0
c Other professional fees (attach schedule).... Click to see attachment 120,000 120,000   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 49,464 9,464   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 162,795 160,936   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 388,219 346,360   0
25 Contributions, gifts, grants paid....... 848,000 848,000
26 Total expenses and disbursements. Add lines 24 and 25 1,236,219 346,360   848,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,265,301
b Net investment income (if negative, enter -0-) 989,078
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.............      
2 Savings and temporary cash investments......... 322,791 415,127 415,127
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 6,745,939 Click to see attachment8,545,708 13,745,324
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).......... 6,768,343 Click to see attachment7,141,539 8,579,575
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 13,837,073 16,102,374 22,740,026
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 13,837,073 16,102,374
29 Total net assets or fund balances (see instructions)..... 13,837,073 16,102,374
30 Total liabilities and net assets/fund balances (see instructions). 13,837,073 16,102,374
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
13,837,073
2
Enter amount from Part I, line 27a .....................
2
2,265,301
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
16,102,374
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
16,102,374
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 NORTHERN TRUST 2660483 P 2020-01-01 2021-06-30
b NORTHERN TRUST 2660897 P 2021-01-01 2021-06-30
c NORTHERN TRUST 2660897 P 2020-01-01 2021-06-30
d NORTHERN TRUST 2660898 P 2021-01-01 2021-06-30
e NORTHERN TRUST 2660898 P 2020-01-01 2021-06-30
NORTHERN TRUST 4489147 P 2021-01-01 2021-06-30
NORTHERN TRUST 4489147 P 2020-01-01 2021-06-30
NORTHERN TRUST 4489790 P 2021-01-01 2021-06-30
NORTHERN TRUST 4489790 P 2020-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND V P 2021-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND V P 2020-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND VI P 2021-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND VI P 2020-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND VII P 2021-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND VII P 2020-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND VIII P 2021-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND VIII P 2020-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND IX P 2021-01-01 2021-06-30
NT PRIVATE EQUITY CORE FUND IX P 2020-01-01 2021-06-30
CAPITAL GAINS DIVIDENDS 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 965,974 1,190 947,781 19,383
b 15,128   14,766 362
c 126,167 22 81,189 45,000
d 69,079   58,964 10,115
e 224,262 208 149,396 75,074
21,157   25,235 -4,078
193,391   135,189 58,202
134,547   102,598 31,949
135,322 11 88,243 47,090
1,190     1,190
160,360     160,360
936     936
186,457     186,457
5,117     5,117
62,208     62,208
407     407
43,502     43,502
46     46
21,666     21,666
76,595     76,595
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       19,383
b       362
c       45,000
d       10,115
e       75,074
      -4,078
      58,202
      31,949
      47,090
      1,190
      160,360
      936
      186,457
      5,117
      62,208
      407
      43,502
      46
      21,666
      76,595
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 2 841,581
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 13,748
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 13,748
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 26,068
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 26,068
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 12,320
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet12,320 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
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    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. Click to see attachment...............................
    10
    Yes
     
    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 addressbulletN/A
    14
    The books are in care ofbulletGEORGE E SARGENT Telephone no.bullet (847) 234-5000

    Located atbullet1500 TOWER ROADWINNETKAIL ZIP+4bullet60093
    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)
     
    No
    (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
     
     
    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
     
    No
    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
     
     
    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)
     
    No
    (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
     
     
    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
     
     
    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? .............................
    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
    GEORGE E SARGENT DIRECTOR
    2.00     		0 0 0
    1500 TOWER ROAD
    WINNETKA,IL60602
    CYNTHIA M SARGENT DIRECTOR
    2.00     		0 0 0
    15771 CAPTIVA DRIVE
    CAPTIVA,FL33924
    CHRISTINA S DONOHUE DIRECTOR
    2.00     		0 0 0
    6123 STARLING WAY
    SANIBEL,FL33957
    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
    TOWER CAPITAL LLC MANAGEMENT FEES 120,000
    1500 TOWER ROAD
    WINNETKA,IL60093
    PASQUESI SHEPPARD LLC ACCOUNTING FEES 55,960
    585 BANK LANE
    LAKE FOREST,IL60045
    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  
    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
    20,826,884
    b
    Average of monthly cash balances.......................
    1b
    973,121
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    21,800,005
    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
    21,800,005
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    327,000
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    21,473,005
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    1,073,650
    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
    1,073,650
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    13,748
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,748
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    1,059,902
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    1,059,902
    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
    1,059,902
    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 1,059,902
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 800,436
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 848,000
    a Applied to 2020, but not more than line 2a 800,436
    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..... 47,564
    e Remaining amount distributed out of corpus 0
    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 0
    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 ..........     		1,012,338
    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) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    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).)
    CYNTHIA M SARGENT
    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
    10 THOUSAND WINDOWS
    2095 LAKESIDE CENTRE WAY
    KNOXVILLE,TN37922     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    ACCESS LIVING
    115 WEST CHICAGO AVENUE
    CHICAGO,IL60654     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    ADLER PLANETARIUM
    1300 SOUTH LAKE SHORE DRIVE
    CHICAGO,IL60605     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    AMERICAN RED CROSS
    PO BOX 4002018
    DES MOINES,IA503402018     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVENUE
    CHICAGO,IL606036404     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    BIRCH CREEK
    PO BOX 230
    EGG HARBOR,WI542090230     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    BOYS HOPE GIRLS HOPE OF ILLINOIS
    1100 LARAMIE AVENUE
    WILMETTE,IL60091     		NONE PUBLIC CHARITY GENERAL OPERATIONS 42,000
    CATHOLIC CHARITIES
    721 N LASALLE
    CHICAGO,IL60654     		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
    CHI ARTS
    521 E 35TH STREET
    CHICAGO,IL60616     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    CHICAGO BOTANIC GARDENS
    1000 LAKE COOK ROAD
    GLENCOE,IL600221169     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    CHICAGO COALITION FOR THE HOMELESS
    70 E LAKE STREET SUITE 720
    CHICAGO,IL60601     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    CHICAGO HISTORICAL SOCIETY
    1601 N CLARK STREET
    CHICAGO,IL606149963     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    CHICAGO MARITIME SOCIETY
    1200 WEST 35TH STREET STE OE-5010
    CHICAGO,IL60609     		NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000
    CHICAGO PHILHARMONIC
    401 SOUTH LASALLE ST STE 1600-J
    CHICAGO,IL60605     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    CHICAGO SINFONIETTA
    70 EAST LAKE ST STE 226
    CHICAGO,IL60601     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    CHICAGO SYMPHONY ORCHESTRA
    410 S MICHIGAN AVE STE 833
    CHICAGO,IL60605     		NONE PUBLIC CHARITY GENERAL OPERATIONS 110,000
    CHICAGO YOUTH SYMPHONY ORCHESTRA
    410 S MICHIGAN AVE STE 833
    CHICAGO,IL60605     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    CRADLE FOUNDATION
    2049 RIDGE AVENUE
    EVANSTON,IL60201     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    CRISTO REY JESUIT HIGH SCHOOL
    1852 WEST 22ND PLACE
    CHICAGO,IL60608     		NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000
    DING' DARLING WILDLIFE SOCIETY
    PO BOX 565
    SANIBEL,FL33957     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    DOOR COUNTY YMCA
    1900 MICHIGAN STREET
    STURGEON BAY,WI54235     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    ERIKSON INSTITUTE
    451 N LASALLE STREET
    CHICAGO,IL60654     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    GOODMAN THEATER
    170 N DEARBORN
    CHICAGO,IL60601     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 WEST ANN LURIE PLACE
    CHICAGO,IL60632     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    HADLEY INSTITUTE FOR THE BLIND AND VISUALLY IMPAIRED
    700 ELM STREET
    WINNETKA,IL60093     		NONE PUBLIC CHARITY GENERAL OPERATIONS 8,000
    HARRIS THEATER FOR MUSIC & DANCE
    205 E RANDOLPH DR
    CHICAGO,IL60601     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    HAVEN YOUTH & FAMILY SERVICES
    825 GREEN BAY RD SUITE 200
    WILMETTE,IL60091     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    HOOVED ANIMAL HUMANE SOCIETY
    10714 MCCONNELL ROAD
    WOODSTOCK,IL60098     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    HOPE AT NORTHWESTERN MEMORIAL FOUNDATION
    251 E HURON ST SUITE 3-200
    CHICAGO,IL60611     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    HOUSING OPPORTUNITY DEVELOPMENT CORP
    PO BOX 480
    TECHNY,IL60082     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    JUDD GOLDMAN ADAPTIVE SAILING FOUNDATION
    875 N MICHIGAN AVENUE STE 3718
    CHICAGO,IL60611     		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,000
    LEAGUE OF AMERICAN ORCHESTRAS
    33 WEST 60TH STREET 5TH FLOOR
    NEW YORK,NY10023     		NONE PUBLIC CHARITY GENERAL OPERATIONS 120,000
    LINCOLN PARK ZOO
    2001 N CLARK
    CHICAGO,IL60614     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    LOYOLA ACADEMY
    1100 LARAMIE AVENUE
    WILMETTE,IL60091     		NONE PUBLIC CHARITY GENERAL OPERATIONS 35,000
    LURIE CHILDREN'S HOSPITAL
    225 E CHICAGO AVENUE
    CHICAGO,IL60611     		NONE PUBLIC CHARITY GENERAL OPERATIONS 25,000
    LYRIC OPERA OF CHICAGO
    20 N UPPER WACKER DRIVE
    CHICAGO,IL60606     		NONE PUBLIC CHARITY GENERAL OPERATIONS 25,000
    MERCY HOME FOR BOYS & GIRLS
    1140 W JACKSON BOULEVARD
    CHICAGO,IL60607     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    MERIT SCHOOL OF MUSIC
    38 SOUTH PEORIA STREET
    CHICAGO,IL60607     		NONE PUBLIC CHARITY GENERAL OPERATIONS 35,000
    MISERCORDIA
    6300 NORTH RIDGE AVENUE
    CHICAGO,IL606601017     		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000
    MUSEUM OF SCIENCE & INDUSTRY
    5700 S LAKE SHORE DRIVE
    CHICAGO,IL60637     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    MUSIC INSTITUTE OF CHICAGO PATRON SOCIETY
    1702 SHERMAN AVENUE
    EVANSTON,IL602013713     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    NATIONAL OUTDOOR LEADERSHIP SCHOOL
    284 LINCOLN STREET
    LANDER,WY82520     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    NATURE'S FARM CAMP
    3114 N SAWYER 200
    CHICAGO,IL60618     		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000
    NORTHWESTERN SETTLEMENT
    1400 W AUGUSTA BLVD
    CHICAGO,IL60642     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    PAT TILLMAN FOUNDATION
    222 W MERCHANDISE MART PLAZA
    CHICAGO,IL60654     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    PENINSULA PLAYERS
    4351 PENINSULA PLAYERS RD
    FISH CREEK,WI54212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    PENINSULA SCHOOL OF ART
    PO BOX 304
    FISH CREEK,WI54212     		NONE PUBLIC CHARITY GENERAL OPERATIONS 25,000
    PEOPLES MUSIC SCHOOL
    931 W EASTWOOD AVE
    CHICAGO,IL60640     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    RAVINIA FESTIVAL ASSOCIATION
    418 SHERIDAN ROAD
    HIGHLAND PARK,IL600359712     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    SANIBEL-CAPTIVA CONSERVATION FOUNDATION
    3333 SANIBEL-CAPTIVA ROAD
    SANIBEL,FL33957     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    SHEDD AQUARIUM
    1200 S LAKE SHORE DRIVE
    CHICAGO,IL60605     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    SPHINX ORGANIZATION
    400 RENAISSANCE CENTER 2550
    DETROIT,MI48243     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    THE FIELD MUSEUM
    1400 S LAKE SHORE DRIVE
    CHICAGO,IL60605     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    THE NIGHT MINISTRY
    4711 N RAVENSWOOD AVE
    CHICAGO,IL60640     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    THE SOLTI FOUNDATION
    1555 SHERMAN AVE 310
    EVANSTON,IL60201     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    THIRD COAST PERCUSSION
    4045 NORTH ROCKWELL
    CHICAGO,IL60618     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    WELLESLEY COLLEGE
    106 CENTRAL STREET
    WELLESLEY,MA024818203     		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000
    WOMEN'S BOARD OF NORTHWESTERN MEMORIAL HOSPITAL
    541 N FAIRBANKS CT SUITE 800
    CHICAGO,IL60611     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    AMERICAN FUND FOR SUICIDE PREVENTION
    199 WATER STREET 11TH FLOOR
    NEW YORK,NY10038     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    BELOW YOUR BELT
    222 W MERCHANDISE MART PLAZA
    CHICAGO,IL60654     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    LEUKEMIA & LYMPHONA SOCIETY
    954 W WASHINGTON BLVD 305
    CHICAGO,IL60607     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    PTSD FOUNDATION OF AMERICA
    9724 DERRINGTON ROAD
    HOUSTON,TX77064     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    THE HEIGHTS FOUNDATION
    15570 HAGIE DRIVE
    FORT MYERS,FL33908     		NONE PUBLIC CHARITY GENERAL OPERATIONS 5,000
    THE WATERSHED
    1245 HARTREY AVE
    EVANSTON,IL60202     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    THORN
    6806 LEXINGTON AVE
    LOS ANGELES,CA900381217     		NONE PUBLIC CHARITY GENERAL OPERATIONS 2,000
    Total .................................bullet 3a 848,000
    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 15,919  
    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 ............     		    18 1,007,663  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) .. 0 1,501,520 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,501,520
    (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
    SARGENT FAMILY FOUNDATION
     
    Employer identification number

    35-7011349
    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
    SARGENT FAMILY FOUNDATION
          		Employer identification number
    35-7011349
    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
    CYNTHIA M SARGENT
    130 N GARLAND COURT
     
    CHICAGO, IL60602

    		$ 2,000,000


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    (a)
    No.    		 (b)
    Name, address, and ZIP + 4    		 (c)
    Total contributions    		 (d)
    Type of contribution
     
     
     
     

    		$  


    (Complete Part II for noncash contributions.)
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 3
    Name of organization
    SARGENT FAMILY FOUNDATION
          		Employer identification number

    35-7011349
    Part II
    Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    (a)
    No. from Part I    		 (b)
    Description of noncash property given    		 (c)
    FMV (or estimate)
    (See instructions)     		(d)
    Date received
     
    		$    
    Schedule B (Form 990) (2021)
    Schedule B (Form 990) (2021)
    Page 4
    Name of organization
    SARGENT FAMILY FOUNDATION
          		Employer identification number

    35-7011349
    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:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 55,960 55,960   0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Name of Stock End of Year Book Value End of Year Fair Market Value
    EQUITY SECURITIES NT 26-60483 5,765,436 9,301,219
    EQUITY SECURITIES NT 26-60897 857,906 1,534,029
    EQUITY SECURITIES NT 26-60898 732,622 1,215,276
    EQUITY SECURITIES NT 44-89147 753,016 1,073,267
    EQUITY SECURITIES NT 44-89790 436,728 621,533

    TY 2021 InvestmentsOtherSchedule2
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    FIXED INCOME SECURITIES NT 26-60483 AT COST 5,685,766 5,956,748
    NT PRIVATE EQUITY V AT COST 327,491 646,316
    NT PRIVATE EQUITY VI AT COST 409,465 833,749
    NT PRIVATE EQUITY VII AT COST 333,184 582,889
    NT PRIVATE EQUITY VIII AT COST 263,128 379,183
    NT PRIVATE EQUITY IX AT COST 122,505 180,690

    TY 2021 OtherExpensesSchedule
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES NT 60483 39,840 39,840   0
    INVESTMENT FEES NT 60897 9,044 9,044   0
    INVESTMENT FEES NT 60898 5,083 5,083   0
    K-1 NT PRIVATE EQUITY FUND VII INVESTMENT FEES 14,185 14,185   0
    K-1 NT PRIVATE EQUITY FUND VI INVESTMENT FEES 16,144 16,144   0
    TELEPHONE 1,019 0   0
    MISCELLANEOUS 322 0   0
    K-1 NT PRIVATE EQUITY FUND VII INTEREST EXPENSE 4,350 4,350   0
    K-1 NT PRIVATE EQUITY FUND V INVESTMENT FEES 13,345 13,345   0
    K-1 NT PRIVATE EQUITY FUND VIII INTEREST EXPENSE 1,360 1,360   0
    INVESTMENT FEES NT 89147 8,496 8,496   0
    INVESTMENT FEES NT 89790 5,435 5,435   0
    K-1 NT PRIVATE EQUITY FUND VIII INVESTMENT FEES 19,273 19,273   0
    NON DEDUCTIBLE EXPENSES 518 0   0
    K-1 NT PRIVATE EQUITY FUND IX INVESTMENT FEES 24,381 24,381   0


    TY 2021 OtherIncomeSchedule2
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    NORTHERN TRUST # 26-60897 1,598 1,598 1,598
    NORTHERN TRUST # 26-60898 647 647 647
    NORTHERN TRUST # 44-89790 77 77 77
    NORTHERN TRUST # 26-60453 68 68 68


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 120,000 120,000   0


    TY 2021 SubstantialContributorsSch
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Name Address
    CYNTHIA M SARGENT 130 N GARLAND COURT APT 5201
    CHICAGO,IL60602


    TY 2021 TaxesSchedule
    Name:
    SARGENT FAMILY FOUNDATION
    EIN:
    35-7011349
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES PAID 9,080 9,080   0
    K-1 NT PRIVATE EQUITY FUND V, LP FOREIGN TAXES PAID 293 293   0
    K-1 NT PRIVATE EQUITY FUND VI, LP FOREIGN TAX 47 47   0
    FEDERAL TAXES PAID WITH 2020 EXTENSION 40,000 0   0
    K-1 NT PRIVATE EQUITY FUND VII, LP FOREIGN TAXES PAID 36 36   0
    K-1 NT PRIVATE EQUITY FUND VIII, LP FOREIGN TAXES PAID 7 7   0
    K-1 NT PRIVATE EQUITY FUND IX, LP FOREIGN TAXES PAID 1 1   0