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
Grand Victoria Foundation
 
% SHARON BUSH
Number and street (or P.O. box number if mail is not delivered to street address)230 WEST MONROE STREET Suite 2530
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60606
A Employer identification number

36-4107162
B Telephone number (see instructions)

(312) 609-0200
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$167,134,023J 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) 8,983,177
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,164,941 3,179,667  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 9,894,414
b Gross sales price for all assets on line 6a 29,587,080
7 Capital gain net income (from Part IV, line 2)... 9,917,963
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 3,728 3,728  
12 Total. Add lines 1 through 11........ 22,046,260 13,101,358  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 246,000 47,275   198,725
14 Other employee salaries and wages...... 865,292     865,292
15 Pension plans, employee benefits....... 300,840     264,873
16a Legal fees (attach schedule)......... Click to see attachment 29,225 0 0 24,613
b Accounting fees (attach schedule)....... Click to see attachment 33,025 16,513 0 17,087
c Other professional fees (attach schedule).... Click to see attachment 463,556 131,863 0 326,245
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 180,306 0 0 0
19 Depreciation (attach schedule) and depletion... Click to see attachment 2,929    
20 Occupancy.............. 197,574 20,478   184,306
21 Travel, conferences, and meetings....... 6,955     8,395
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 200,402 5,483 0 197,553
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 2,526,104 221,612 0 2,087,089
25 Contributions, gifts, grants paid....... 6,580,940 6,478,441
26 Total expenses and disbursements. Add lines 24 and 25 9,107,044 221,612 0 8,565,530
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 12,939,216
b Net investment income (if negative, enter -0-) 12,879,746
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............. 273,102 158,026 158,026
2 Savings and temporary cash investments.........      
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet8,983,177
Less: allowance for doubtful accounts bullet   3,243,505 8,983,177 8,983,177
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.......... 26,774 16,990 16,990
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 148,400,002 Click to see attachment157,812,934 157,812,934
14 Land, buildings, and equipment: basis bullet664,951
Less: accumulated depreciation (attach schedule) bullet650,963 6,917 13,988 13,988
15 Other assets (describe bullet) Click to see attachment0 Click to see attachment148,908 Click to see attachment148,908
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 151,950,300 167,134,023 167,134,023
Liabilities 17 Accounts payable and accrued expenses.......... 165,510 204,743
18 Grants payable................. 1,692,500 1,795,000
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment580,408 Click to see attachment750,822
23 Total liabilities (add lines 17 through 22)......... 2,438,418 2,750,565
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........... 149,511,882 164,383,458
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)..... 149,511,882 164,383,458
30 Total liabilities and net assets/fund balances (see instructions). 151,950,300 167,134,023
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
149,511,882
2
Enter amount from Part I, line 27a .....................
2
12,939,216
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,961,077
4
Add lines 1, 2, and 3 ..........................
4
164,412,175
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
28,717
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
164,383,458
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 STATE STREET GLOBAL ADVISORS      
b VANGUARD ST MRKT INDEX FUND      
c VANGUARD INTERNATIONAL STK FUND      
d PRIME PROPERTY FUND 1099      
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 10,699     10,699
b 12,500,000   4,052,939 8,447,061
c 12,500,000   11,063,346 1,436,654
d 23,549     23,549
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       10,699
b       8,447,061
c       1,436,654
d       23,549
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 9,917,963
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  
3 Add lines 1 and 2........................... 3 179,028
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4  
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 179,028
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 175,071
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 18,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 193,071
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 14,043
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet14,043 RefundedBullet 11  
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? Click to see attachment....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (2) On foundation managers.bullet$  
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$  
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changesClick to see attachment....
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.Click to see attachment
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 addressbulletWWW.GRANDVICTORIAFDN.ORG
    14
    The books are in care ofbulletSHARON BUSH Telephone no.bullet (312) 609-0200

    Located atbullet230 W MONROE STREET 2530ChicagoIL ZIP+4bullet60606
    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
     
    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
    Sharon Bush President/Executive Director
    40.0     		246,000 46,769 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    Eric T McKissack Chair
    1.0     		0 0 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    Bill Reeg Treasurer
    1.0     		0 0 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    Ushma Shah Secretary
    1.0     		0 0 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    Ricardo Estrada Director
    1.0     		0 0 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    Kristin Finney-Cooke Director
    1.0     		0 0 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    Philip M Kayman Director
    1.0     		0 0 0
    230 WEST MONROE STREET
    CHICAGO,IL60606
    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
    ANGELA RUDOLPH DIRECTOR OF EQUITY
    40.0     		149,000 22,524 0
    230 W MONROE ST
    CHICAGO,IL60606
    NEETA BODDAPATI SR PRGRM OFFICER
    40.0     		125,500 25,936 0
    230 W MONROE ST
    CHICAGO,IL60606
    GENESE LEACH PRGRM OFFR - ENVIRO
    40.0     		93,441 16,537 0
    230 W MONROE ST
    CHICAGO,IL60606
    HOSIK MOON PRGRM OFFR - ELGIN
    40.0     		93,418 15,766 0
    230 W MONROE ST
    CHICAGO,IL60606
    FANNY DIEGO ALVAREZ PRGRM OFFR - EDU
    40.0     		92,083 19,369 0
    230 W MONROE ST
    CHICAGO,IL60606
    Total number of other employees paid over $50,000...................bullet 5
    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
    Culture Loupe Consulting 89,299
    1245 S Michigan Avenue 329
    CHICAGO,IL60605
    Converge Consulting LLC Consulting 75,368
    200 W Madison 2nd Floor
    CHICAGO,IL60606
    Chears & Associates Consulting 69,996
    1245 W Norwood Street
    CHICAGO,IL60660
    Total number of others receiving over $50,000 for professional services.............bullet  
    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 NONE  
    2  
    All other program-related investments. See instructions.
    3  
    Total. Add lines 1 through 3.........................bullet  
    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
    152,814,127
    b
    Average of monthly cash balances.......................
    1b
    1,774,620
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    154,588,747
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    154,588,747
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,318,831
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    152,269,916
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,613,496
    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
    7,613,496
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    179,028
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    179,028
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,434,468
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    7,434,468
    6
    Deduction from distributable amount (see instructions).................
    6
     
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    7,434,468
    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 7,434,468
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 1,583,529
    b From 2017...... 1,299,932
    c From 2018...... 1,525,278
    d From 2019...... 1,071,286
    e From 2020...... 2,725,087
    f Total of lines 3a through e ........ 8,205,112
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 8,565,530
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 7,434,468
    e Remaining amount distributed out of corpus 1,131,062
    5 Excess distributions carryover applied to 2021.    
    (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 9,336,174
    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......     		 
    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) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		1,583,529
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		7,752,645
    10 Analysis of line 9:
    a Excess from 2017.... 1,299,932
    b Excess from 2018.... 1,525,278
    c Excess from 2019.... 1,071,286
    d Excess from 2020.... 2,725,087
    e Excess from 2021.... 1,131,062
    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).)
    NONE
    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.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Grand Victoria Foundation
    230 W MONROE ST STE 2530
    CHICAGO,IL60606
    (312) 609-0200
    bThe form in which applications should be submitted and information and materials they should include:
    PLEASE SEE DETAIL IN STATEMENT 23 ATTACHED.
    cAny submission deadlines:
    PLEASE SEE DETAIL IN STATEMENT 23 ATTACHED.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    PLEASE SEE DETAIL IN STATEMENT 23 ATTACHED.
    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
    100 Club of Illinois
    875 N Michigan Avenue Suite 1351
    Chicago,IL606111888     		None PC General Operating Support 2,000
    Adelante Center for Entrepreneurship
    420 W Clayton Street
    Waukegan,IL600854216     		None PC General Operating Support 60,000
    African American Coalition of Kane County Inc
    621 Aborn Avenue
    Elgin,IL601243803     		None PC Project Support 20,000
    Alignment Collaborative for Education
    31 S Grove Avenue
    Elgin,IL601206403     		None PC General Operating Support 26,667
    Alliance for the Great Lakes
    150 N Michigan Avenue
    Chicago,IL606017553     		None PC Project Support 75,000
    Alliance Of Illinois Community Foundations
    101 S Main Street Suite 400
    Decatur,IL625231467     		None PC General Operating Support 24,000
    Alliance of the South East
    9204 S Commercial Avenue Suite 301
    Chicago,IL606172197     		None PC Employee Matching Gift 75
    Ann & Robert H Lurie Childrens Hospital of Chicago
    225 E Chicago Avenue Box 282
    Chicago,IL606112991     		None PC General Operating Support 10,000
    Ann & Robert Lurie Children's Hospital of Chicago
    225 E Chicago Avenue Box 4
    Chicago,IL60611     		None PC Project Support 60,000
    Asian Americans Advancing Justice - Chicago
    4753 N Broadway Street Suite 502
    Chicago,IL606404997     		None PC Employee Matching Gift 750
    Association for Individual Development
    309 New Indian Trail Court
    Aurora,IL605062411     		None PC General Operating Support 30,000
    Audubon Great Lakes
    125 South Wacker Drive Suite 2125
    Chicago,IL60606     		None PC Project Support 60,000
    Bethlehem Lutheran Child Development Center
    340 Grand Boulevard
    Elgin,IL601204224     		None PC General Operating Support 25,000
    Black Oaks Center
    6735 S South Chicago Avenue
    Chicago,IL606374020     		None PC Project Support 1,500
    Boys & Girls Club of Elgin
    355 Dundee Avenue
    Elgin,IL601203837     		None PC General Operating Support 33,333
    Centro de Informacion
    1885 Lin Lor Lane
    Elgin,IL60123     		None PC General Operating Support 25,000
    Chicago Citywide Literacy Coalition
    1016 W Jackson Boulevard Unit 205
    Chicago,IL60607     		None PC Project Support 150,000
    Chicago Commons
    515 E 50Th Street
    Chicago,IL606152401     		None PC General Operating Support 2,000
    Chicago Community Foundation
    225 N Michigan Avenue Suite 2200
    Chicago,IL606017757     		None PC Project Support 25,000
    Chicago Community Foundation
    225 N Michigan Avenue Suite 2200
    Chicago,IL606017757     		None PC General Operating Support 4,000
    Chicago Cultural Accessibility Consortium
    PO Box 60771
    Chicago,IL606600721     		None PC Employee Matching Gift 465
    Chicago Jobs Council
    29 E Madison Street Suite 1700
    Chicago,IL606024404     		None PC General Operating Support 130,000
    Chicago State Foundation
    9501 S King Drive Suite 322
    Chicago,IL606281501     		None PC General Operating Support 5,000
    Chicago United for Equity
    100 N La Salle Street Suite 600
    Chicago,IL606023550     		None PC Employee Matching Gift 1,500
    Children's Home & Aid
    200 W Monroe Suite 2100
    Chicago,IL606064424     		None PC Project Support 95,000
    Children's Theatre of Elgin
    1700 Spartan Drive H104
    Elgin,IL601237189     		None PC General Operating Support 15,000
    Chinese Mutual Aid Association
    1016 W Argyle Street
    Chicago,IL606403715     		None PC General Operating Support 15,000
    Christ the King School Foundation
    16272 Prince Drive
    South Holland,IL604733233     		None PC Employee Matching Gift 300
    Communities United
    4600 W Palmer Street
    Chicago,IL60639     		None PC Project Support 75,000
    Community Crisis Center Inc
    PO Box 1390
    Elgin,IL601211390     		None PC General Operating Support 16,667
    Community Foundation of Kankakee River Valley
    701 S HARRISON Avenue
    KANKAKEE,IL60901     		None PC General Operating Support 1,000
    Community Organizing and Family Issues (COFI)
    2245 S Michigan Avenue Suite 200
    Chicago,IL60616     		None PC General Operating Support 80,000
    Consumer Credit Counseling Service of Northern Ill
    13707 W Jackson Street Suite B
    Woodstock,IL600983188     		None PC General Operating Support 12,500
    Co-Op Ed Center NFP
    151 N Kenilworth Avenue 5J
    Oak Park,IL60301     		None PC General Operating Support 50,000
    Crossroads Fund
    3411 W Diversey Avenue Suite 20
    Chicago,IL60647     		None PC Employee Matching Gift 1,800
    Crossroads Fund
    3411 W Diversey Avenue Suite 20
    Chicago,IL60647     		None PC Project Support 50,000
    Crossroads Fund
    3411 W Diversey Avenue Suite 20
    Chicago,IL60647     		None PC General Operating Support 5,000
    Easter Seals DuPage & Fox Valley
    830 S Addison Avenue
    Villa Park,IL601812877     		None PC General Operating Support 25,000
    Ecker Center for Behavioral Health
    1845 Grandst and Place
    Elgin,IL601236603     		None PC General Operating Support 31,250
    Elgin Area Historical Society
    360 Park Street
    Elgin,IL601204455     		None PC General Operating Support 16,667
    Elgin Master Chorale Inc
    1700 Spartan Drive
    Elgin,IL601237189     		None PC General Operating Support 25,000
    Elgin Symphony Orchestra
    20 Du Page Court
    Elgin,IL601206424     		None PC General Operating Support 25,000
    Elgin Youth Symphony Orchestra
    60 S Grove Avenue Suite 2
    Elgin,IL601206461     		None PC General Operating Support 37,500
    Environmental Defenders of McHenry County
    110 S Johnson Street Suite 106
    Woodstock,IL600983259     		None PC General Operating Support 37,500
    Environmental Law and Policy Center
    35 E Wacker Drive
    Chicago,IL606012314     		None PC Project Support 60,000
    Equip For Equality Inc
    20 N Michigan Avenue Suite 300
    Chicago,IL606024861     		None PC Project Support 50,000
    Erie Elementary School
    1405 N Washtenaw Avenue
    Chicago,IL606221632     		None PC General Operating Support 3,000
    Erikson Institute
    451 N La Salle Drive
    Chicago,IL606544510     		None PC Project Support 50,000
    Evanston Scholars
    1234 Sherman Avenue Suite 214
    Evanston,IL60202     		None PC General Operating Support 15,000
    Faith in Place
    1100 EaStreet 55th Street AC-1
    Chicago,IL60615     		None PC General Operating Support 60,000
    Family Service Association of Greater Elgin Area
    1140 N Mclean Boulevard Suite I
    Elgin,IL601231782     		None PC General Operating Support 31,250
    Farmworker and Landscaper Advocacy Project
    33 N La Salle Street Suite 900
    Chicago,IL606023419     		None PC General Operating Support 100,000
    Food for Greater Elgin
    1553 Commerce Drive
    Elgin,IL601239304     		None PC General Operating Support 20,000
    Forefront
    200 W Madison Street 2nd Floor
    Chicago,IL60606     		None PC General Operating Support 158,512
    Forefront
    208 S La Salle Street Suite 1540
    Chicago,IL606041242     		None PC Project Support 150,000
    Gail Borden Public Library District Foundation
    270 N Grove Avenue
    Elgin,IL601205505     		None PC General Operating Support 5,000
    Garfield Park Conservatory Alliance
    300 N Central Park Avenue
    Chicago,IL606241996     		None PC General Operating Support 1,000
    Global Philanthropy Partnership
    2440 N Lakeview Avenue
    Chicago,IL60614     		None PC General Operating Support 5,000
    Grantmakers for Effective Organizations
    1310 L Street Nw 404
    Washington,DC200054383     		None PC Project Support 25,000
    Greater Chicago Food Depository
    4100 W Ann Lurie Place
    Chicago,IL606323920     		None PC General Operating Support 3,000
    Greater Elgin Family Care Center
    370 Summit Street
    Elgin,IL601203843     		None PC General Operating Support 37,500
    Grow Your Own Teachers
    1901 W Carroll Avenue Suite 201
    Chicago,IL606122401     		None PC General Operating Support 50,000
    Hamilton Wings
    14 Crescent Street
    Elgin,IL601236268     		None PC General Operating Support 192,000
    HANA Center
    4300 N California Avenue
    Chicago,IL606181514     		None PC General Operating Support 100,000
    HeartLands Conservancy
    29 E Main Street
    Belleville,IL62220     		None PC General Operating Support 70,000
    Housing Helpers Inc
    602 N 3Rd Avenue
    Maywood,IL601531118     		None PC Project Support 70,000
    Hyde Park Art Center
    5020 S Cornell Avenue
    Chicago,IL606153016     		None PC General Operating Support 5,000
    Illinois Action for Children
    4753 N Broadway Street Suite 1200
    Chicago,IL606404982     		None PC Project Support 60,000
    Illinois Coalition for Immigrant and Refugee Right
    55 E Jackson Boulevard Suite 2075
    Chicago,IL606044182     		None PC General Operating Support 100,000
    Illinois Environmental Council
    520 E Capitol Avenue
    Springfield,IL627011814     		None PC General Operating Support 75,000
    Illinois Humanities
    125 S Clark Street Suite 650
    Chicago,IL606034048     		None PC General Operating Support 50,000
    Injustice Watch NFP
    55 E Jackson Boulevard Suite 640
    Chicago,IL606044402     		None PC General Operating Support 1,500
    Institute for Local Innovations Inc
    8054 S Dante Avenue
    Chicago,IL60619     		None PC General Operating Support 5,000
    Jo Daviess Conservation Foundation
    PO Box 216
    Elizabeth,IL61028     		None PC General Operating Support 85,000
    Jobs to Move America
    525 S Hewitt Street
    Los Angeles,CA900132217     		None PC General Operating Support 75,000
    Lakeview Pantry
    3945 N Sheridan Road
    Chicago,IL606132936     		None PC Employee Matching Gift 750
    Latino Policy Forum
    180 N Michigan Avenue Suite 1250
    Chicago,IL606017464     		None PC General Operating Support 75,000
    Latino Policy Forum
    180 N Michigan Avenue Suite 1250
    Chicago,IL606017464     		None PC Project Support 50,000
    Latino Union of Chicago
    4811 N Central Park Avenue
    Chicago,IL606255603     		None PC General Operating Support 50,000
    Leo High School
    7901 S Sangamon Street
    Chicago,IL606202532     		None PC Employee Matching Gift 750
    LINK Unlimited
    2221 S Streetate Street
    Chicago,IL606163894     		None PC Project Support 60,000
    Logan Square Neighborhood Association
    2840 N Milwaukee Avenue
    Chicago,IL606187401     		None PC Project Support 60,000
    Lutheran Social Services of Illinois
    1001 E Touhy Avenue
    Des Plaines,IL600185801     		None PC General Operating Support 20,000
    Mano a Mano Family Resource Center
    6 E Main Street
    Round Lake Pk,IL600733602     		None PC Project Support 100,000
    MAPSCorps
    5307 S Hyde Park Boulevard
    Chicago,IL606155728     		None PC General Operating Support 5,000
    Marklund Children's Home
    1S450 Wyatt Drive
    Geneva,IL601344921     		None PC General Operating Support 12,500
    Metropolitan Family Services
    One North Dearborn
    Chicago,IL606024331     		None PC General Operating Support 5,000
    Metropolitan Family Services
    101 N Wacker
    Chicago,IL60606     		None PC Project Support 50,000
    Metropolitan Planning Council
    140 S Dearborn Street Suite 1400
    Chicago,IL606035208     		None PC Project Support 375,000
    Midwest Academy
    53 W Jackson Boulevard Suite 1634
    Chicago,IL606043727     		None PC Project Support 7,500
    Mitchell Museum Of The American Indian Inc
    3001 Central Street
    Evanston,IL602011102     		None PC General Operating Support 50,000
    mRelief
    233 N Michigan Avenue Suite 1800
    Chicago,IL60601     		None PC General Operating Support 40,000
    National Forest Foundation
    Bldg 27 Suite 3 Fort Missoula Road
    Missoula,MT59804     		None PC Project Support 160,288
    Natural Land Institute
    320 S 3Rd Street
    Rockford,IL611042063     		None PC General Operating Support 55,000
    Navy Pier
    600 EaStreet Grand Avenue
    Chicago,IL606113419     		None PC General Operating Support 5,000
    Northern Illinois University Foundation
    Altgeld Hall 134
    Dekalb,IL60115     		None PC Project Support 125,000
    One Body Collaboratives Inc
    1280 S Alpine Road
    Rockford,IL611083946     		None PC Project Support 25,000
    One Hope United
    333 S Wabash Avenue
    CHICAGO,IL60604     		None PC General Operating Support 37,500
    Openlands
    25 E Washington Street Suite 1650
    Chicago,IL606021805     		None PC General Operating Support 100,000
    PADS of Elgin Inc
    1730 Berkley Street
    Elgin,IL601237030     		None PC General Operating Support 31,250
    Partnership For Resilience
    8508 Harding Avenue
    Skokie,IL60076     		None PC General Operating Support 60,000
    Peace Development Fund
    2335 N Orchard
    Chicago,IL60614     		None PC Project Support 75,000
    Prairie Rivers Network
    1605 S Streetate Street Suite 1
    Champaign,IL618207264     		None PC General Operating Support 110,000
    Prairie State Conservation Coalition
    PO Box 2547
    Springfield,IL627082547     		None PC General Operating Support 1,000
    Raise the Floor Alliance
    1 N LaSalle Street Suite 1275
    Chicago,IL606023499     		None PC General Operating Support 100,000
    Senior Services Associates Inc
    101 S Grove Avenue
    Elgin,IL601206407     		None PC General Operating Support 16,667
    Shirley Ryan AbilityLab
    355 E Erie Street
    Chicago,IL606113167     		None PC General Operating Support 5,000
    Shriver Center on Poverty Law
    67 E Madison Street Suite 2000
    Chicago,IL606033014     		None PC General Operating Support 150,000
    Side Street Studio Arts
    PO Box 1264
    Elgin,IL601211264     		None PC General Operating Support 20,000
    Sierra Club Foundation
    2101 Webster Street Suite 1250
    Oakland,CA946123050     		None PC Project Support 75,000
    Small Business Majority Foundation Inc
    9328 Elk Grove Boulevard Suite1053
    Elk Grove,CA956245063     		None PC General Operating Support 65,000
    Soapbox Productions and Organizing
    40 E 9Th Street Apartment 409
    Chicago,IL606052141     		None PC General Operating Support 40,000
    Summit School Inc
    333 W River Road
    Elgin,IL601231572     		None PC General Operating Support 35,000
    Teach Plus Incorporated
    One Beacon Street
    Boston,MA021083107     		None PC Project Support 60,000
    The Conservation Foundation
    10S404 Knoch Knolls Road
    Naperville,IL605655447     		None PC General Operating Support 62,500
    The Humanity Institute
    4925 S Champlain Avenue
    Chicago,IL60615     		None PC Project Support 100,000
    The Land Conservancy of McHenry County
    4622 Dean Street PO Box 352
    Woodstock,IL600987503     		None PC General Operating Support 60,000
    The Nature Conservancy in Illinois
    4245 Fairfax Drive
    Arlington,VA222031637     		None PC Project Support 195,000
    The Wetlands Initiative
    53 W Jackson Boulevard Suite 1015
    Chicago,IL606043658     		None PC Project Support 55,000
    United Black Scholarship Committee of Elgin
    75 S Weston Avenue
    Elgin,IL601236079     		None PC General Operating Support 2,000
    United Way of Greater St Louis
    910 North Eleventh Street
    Saint Louis,MO631011005     		None PC Project Support 60,000
    University Park Youth Athletic Association
    615 Sullivan Lane
    University Pk,IL604843030     		None PC Project Support 25,000
    Upsolve Inc
    205 Hudson Street 7th Floor
    New York,NY10013     		None PC General Operating Support 75,000
    Urban Gateways
    1637 N Ashland Avenue
    Chicago,IL606221420     		None PC General Operating Support 5,000
    Well Child Center
    620 Wing Street
    Elgin,IL60123     		None PC General Operating Support 25,000
    WEPOWER
    4240 Duncan Avenue Suite 200
    Saint Louis,MO631101123     		None PC Project Support 125,000
    Woodstock Institute
    67 E Madison Street Suite 2108
    Chicago,IL606033010     		None PC General Operating Support 65,000
    Young Invincibles
    1201 Connecticut Avenue NW Suite 6
    Washington,DC200362605     		None PC General Operating Support 100,000
    Youth Leadership Academy
    410 Renner Drive
    Elgin,IL601236903     		None PC General Operating Support 25,750
    YWCA Elgin
    220 E Chicago Street
    Elgin,IL601206503     		None PC General Operating Support 85,750
    Total .................................bullet 3a 6,478,441
    bApproved for future payment
    Children's Home & Aid
    200 W Monroe Suite 2100
    Chicago,IL606064424     		NONE PC Project Support 70,000
    Equip For Equality Inc
    20 N Michigan Avenue Suite 300
    Chicago,IL606024861     		NONE PC Project Support 50,000
    Farmworker and Landscaper Advocacy Project-FLAP
    33 N La Salle Street Suite 900
    Chicago,IL606023419     		NONE PC General Operating Support 100,000
    Forefront
    208 S La Salle Street Suite 1540
    Chicago,IL606041242     		None PC Project Support 150,000
    Grow Your Own Teachers
    1901 W Carroll Avenue Suite 201
    Chicago,IL606122401     		NONE PC General Operating Support 50,000
    Hamilton Wings
    14 Crescent Street
    Elgin,IL601236268     		NONE PC General Operating Support 190,000
    HANA Center
    4300 N California Avenue
    Chicago,IL606181514     		NONE PC General Operating Support 100,000
    Illinois Action for Children
    4753 N Broadway Street Suite 1200
    Chicago,IL606404982     		NONE PC Project Support 60,000
    Illinois Coalition for Immigrant and Refugee Right
    55 E Jackson Boulevard Suite 2075
    Chicago,IL606044182     		NONE PC General Operating Support 100,000
    Jo Daviess Conservation Foundation
    PO Box 216
    Elizabeth,IL61028     		NONE PC General Operating Support 75,000
    Jobs to Move America
    525 S Hewitt Street
    Los Angeles,CA900132217     		NONE PC General Operating Support 75,000
    Latino Union of Chicago
    4811 N Central Park Avenue
    Chicago,IL606255603     		NONE PC General Operating Support 50,000
    LINK Unlimited
    2221 S State Street
    Chicago,IL606163894     		NONE PC Project Support 60,000
    Logan Square Neighborhood Association
    2840 N Milwaukee Avenue
    Chicago,IL606187401     		NONE PC Project Support 60,000
    Metropolitan Family Services
    One North Dearborn 10th Floor
    Chicago,IL60602     		NONE PC Project Support 50,000
    Metropolitan Planning Council
    140 S Dearborn Street Suite 1400
    Chicago,IL606035208     		NONE PC Project Support 75,000
    Northern Illinois University Foundation
    Altgeld Hall 135
    Dekalb,IL601150000     		NONE PC Project Support 75,000
    Partnership For Resilience
    8508 Harding Avenue
    Skokie,IL60076     		NONE PC General Operating Support 60,000
    Teach Plus Incorporated
    One Beacon Street
    Boston,MA021083107     		NONE PC Project Support 60,000
    The Humanity Institute
    4753 S Drexel Boulevard
    Chicago,IL60615     		NONE PC Project Support 100,000
    United Way of Greater St Louis
    910 North Eleventh Street
    Saint Louis,MO631011005     		NONE PC Project Support 60,000
    WEPOWER
    4240 Duncan Avenue Suite 200
    Saint Louis,MO631101123     		NONE PC Project Support 125,000
    Total .................................bullet 3b 1,795,000
    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 ...........     		         
    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 9,894,414  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aMISCELLANEOUS INCOME     		    01 3,728  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   13,063,083  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    13,063,083
    (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
    Grand Victoria Foundation
     
    Employer identification number

    36-4107162
    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
    Grand Victoria Foundation
          		Employer identification number
    36-4107162
    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
    GRAND VICTORIA CASINO
    250 SOUTH GROVE AVENUE
     
    ELGIN, IL60120

    		$ 8,983,177


    (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
    Grand Victoria Foundation
          		Employer identification number

    36-4107162
    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
    Grand Victoria Foundation
          		Employer identification number

    36-4107162
    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:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 33,025 16,513   17,087

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount
    NONE  

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

    TY 2021 DepreciationSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    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

    TY 2021 InvestmentsOtherSchedule2
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    VANGUARD STOCK MRKT INDEX FUND FMV 50,290,606 50,290,606
    INTL STOCK INDEX INSTITUTIONAL FMV 30,659,659 30,659,659
    PRIME PROPERTY FUND FMV 15,892,040 15,892,040
    PIMCO TOTAL RETURN FUND FMV 15,163,896 15,163,896
    BLACKROCK TOTAL RETURN FUND FMV 14,789,773 14,789,773
    VANGUARD TOTAL BOND MRK INDEX FMV 14,372,594 14,372,594
    EATON VANCE FLOATING RATE FMV 14,077,387 14,077,387
    FIDELITY FUND #57-GOVT PORT FMV 2,566,979 2,566,979
    STATE STREET US GOVT BOND FMV 0 0

    TY 2021 LegalFeesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    GENERAL LEGAL COUNSEL 29,225     24,613


    TY 2021 OtherAssetsSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    RIGHT OF USE ASSET 0 148,908 148,908


    TY 2021 OtherDecreasesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Amount
    CHANGE IN DEFERRED EXCISE TAX 28,717


    TY 2021 OtherExpensesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EQUIPMENT/MAINTENANCE 84,931   0 88,489
    PROF DEV/RECRUITING 29,604   0 29,604
    IT 29,253 2,925 0 26,321
    INSURANCE 25,584 2,558 0 23,026
    PROF MEMBERSHIPS 15,257   0 14,425
    OFFICE SUPPLIES 12,009   0 11,924
    COMMUNITY OUTREACH 3,764   0 3,764


    TY 2021 OtherIncomeSchedule2
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Miscellaneous Income 3,728 3,728  


    TY 2021 OtherIncreasesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Amount
    NET UNREALIZED GAIN ON INVESTMENT 1,961,077


    TY 2021 OtherLiabilitiesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL TAX LIABILITY 526,180 554,896
    LEASE LIABILITY 0 195,926
    DEFERRED RENT EXPENSE 54,228 0


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    OTHER PROF/INVEST MANAGEMENT 463,556 131,863 0 326,245


    TY 2021 TaxesSchedule
    Name:
    Grand Victoria Foundation
    EIN:
    36-4107162
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    CURRENT FEDERAL EXCISE TAX 180,306 0 0 0