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
THE DUCHOSSOIS FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)444 W LAKE ST 2000
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60606
A Employer identification number

36-3327987
B Telephone number (see instructions)

(312) 586-2010
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$195,669,427J 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) 50,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 2,433,457 2,433,457  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 192,289
b Gross sales price for all assets on line 6a 19,370,224
7 Capital gain net income (from Part IV, line 2)... 4,384,989
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 3,572,084 -620,535 0
12 Total. Add lines 1 through 11........ 56,197,830 6,197,911 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 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 6,625 1,325 0 5,300
c Other professional fees (attach schedule).... Click to see attachment 285,176 0 0 285,176
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 340,000 340,000 0 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 32,200 2,000 0 30,200
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 664,001 343,325 0 320,676
25 Contributions, gifts, grants paid....... 13,821,356 13,821,356
26 Total expenses and disbursements. Add lines 24 and 25 14,485,357 343,325 0 14,142,032
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 41,712,473
b Net investment income (if negative, enter -0-) 5,854,586
c Adjusted net income (if negative, enter -0-)... 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............. 440,529 49,694,813 49,694,813
2 Savings and temporary cash investments.........      
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)....... 41,220,959 Click to see attachment42,124,135 56,304,393
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).......... 91,144,868 Click to see attachment84,469,040 89,670,221
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) 132,806,356 176,287,988 195,669,427
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 132,806,356 176,287,988
29 Total net assets or fund balances (see instructions)..... 132,806,356 176,287,988
30 Total liabilities and net assets/fund balances (see instructions). 132,806,356 176,287,988
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
132,806,356
2
Enter amount from Part I, line 27a .....................
2
41,712,473
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,769,159
4
Add lines 1, 2, and 3 ..........................
4
176,287,988
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
176,287,988
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 LT NORTHERN TRUST #44-93959 P    
b ST NORTHERN TRUST #44-93959 P    
c WHITESPRUCE FUND LP - STCG/L P    
d WHITESPRUCE FUND LP - LTCG/L P    
e ATALAN PARTNERS - STCG/L P    
ATALAN PARTNERS - LTCG/L P    
COATUE LONG ONLY PARTNERS FUND LP - STCG/L P    
COATUE LONG ONLY PARTNERS FUND LP - LTCG/L P    
THE OVERLOOK PARTNERS FUND LP -STCG/L P    
THE OVERLOOK PARTNERS FUND LP -LTCG/L P    
VARDE CREDIT PARTNERS, LP - STCG/L P    
VARDE CREDIT PARTNERS, LP - LTCG/L P    
WHALE ROCK FLAGSHIP FUND LP - STCG/L P    
WHALE ROCK FLAGSHIP FUND LP - LTCG/L P    
ROCK SPRINGS CAPITAL FUND LP - STCG/L P    
ROCK SPRINGS CAPITAL FUND LP - LTCG/L P    
1256 GAIN (LOSS) FROM PARTNERSHIPS P    
1256 GAIN (LOSS) FROM PARTNERSHIPS P    
NORTHERN TRUST #44-93959 CGD P    
THE CHILDREN'S INVESTMENT FUND LP - LTCG/L P    
GLENDOWER FUND LP - STCG/L P    
GLENDOWER FUND LP - LTCG/L 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 89,210   65,955 23,255
b 14,860,790   14,691,756 169,034
c 174,238     174,238
d 408,629     408,629
e       0
123,743     123,743
327,300     327,300
93,026     93,026
22,847     22,847
329,411     329,411
125,717     125,717
121,164     121,164
      0
22,854     22,854
135,129     135,129
117,466     117,466
68,257   136,514 -68,257
45,505   91,010 -45,505
1,938,865     1,938,865
266,237     266,237
3,324     3,324
96,512     96,512
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       23,255
b       169,034
c       174,238
d       408,629
e       0
      123,743
      327,300
      93,026
      22,847
      329,411
      125,717
      121,164
      0
      22,854
      135,129
      117,466
      -68,257
      -45,505
      1,938,865
      266,237
      3,324
      96,512
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 4,384,989
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 3 912,084
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 81,379
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 81,379
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 86,217
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 86,217
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 4,838
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet4,838 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    10
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 5
    Part VI-A
    Statements Regarding Activities (continued)
    11
    At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
    meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
    11
     
    No
    12
    Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
    advisory privileges? If "Yes," attach statement. See instructions.................
    12
     
    No
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletN/A
    14
    The books are in care ofbulletMARY ANN ROESER Telephone no.bullet (312) 586-2010

    Located atbullet444 W LAKE ST SUITE 2000CHICAGOIL 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)
    Yes
     
    (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
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    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
    CRAIG J DUCHOSSOIS TREASURER
    2.00     		0 0 0
    444 W LAKE ST 2000
    CHICAGO,IL60606
    ASHLEY D JOYCE CHAIRPERSON
    25.00     		0 0 0
    444 W LAKE ST 2000
    CHICAGO,IL60606
    JANET J DUCHOSSOIS SECRETARY
    0.25     		0 0 0
    444 W LAKE ST 2000
    CHICAGO,IL60606
    ILARIA WOODWARD DIRECTOR
    0.25     		0 0 0
    444 W LAKE ST 2000
    CHICAGO,IL60606
    MARY ANN ROESER PRESIDENT
    40.00     		0 0 0
    444 W LAKE ST 2000
    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
    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
    THE DUCHOSSOIS GROUP REIMBURSEMENT FOR SERVICES 285,176
    444 W LAKE STREETSUITE 2000
    CHICAGO,IL60126
    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 NONE 0
    2  
    All other program-related investments. See instructions.
    3 Click to see attachment 0
    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
    106,012,683
    b
    Average of monthly cash balances.......................
    1b
    7,170,147
    c
    Fair market value of all other assets (see instructions)................
    1c
    36,266,115
    d
    Total (add lines 1a, b, and c).........................
    1d
    149,448,945
    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
    149,448,945
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,241,734
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    147,207,211
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,360,361
    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
    7,360,361
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    81,379
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
    73,739
    c
    Add lines 2a and 2b............................
    2c
    155,118
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,205,243
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    7,205,243
    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
    7,205,243
    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 7,205,243
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 3,517,031
    b From 2017......  
    c From 2018...... 2,539,894
    d From 2019...... 5,183,668
    e From 2020...... 14,971,361
    f Total of lines 3a through e ........ 26,211,954
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 14,142,032
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 7,205,243
    e Remaining amount distributed out of corpus 6,936,789
    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 33,148,743
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		3,517,031
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		29,631,712
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018.... 2,539,894
    c Excess from 2019.... 5,183,668
    d Excess from 2020.... 14,971,361
    e Excess from 2021.... 6,936,789
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    A BETTER CHICAGO
    600 W VAN BUREN ST STE 510
    CHICAGO,IL60607     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    ACADEMY FOR URBAN SCHOOL LEADERSHIP
    3400 NORTH AUSTIN AVE
    CHICAGO,IL60634     		  PC BENEFIT DINNER-SALUTATORIAN SPONSORSHIP 10,000
    ACADEMY FOR URBAN SCHOOL LEADERSHIP
    3400 NORTH AUSTIN AVE
    CHICAGO,IL60634     		  PC BENEFIT DINNER-SALUTATORIAN SPONSORSHIP 20,000
    ADVOCATE CHARITABLE FOUNDATION
    3075 HIGHLAND PARKWAY SUITE 600
    DOWNERS GROVE,IL60512     		  PC GSH BARN DANCE 2021 SPONSORSHIP 5,000
    ADVOCATE CHARITABLE FOUNDATION
    3075 HIGHLAND PARKWAY SUITE 600
    DOWNERS GROVE,IL60515     		  PC DUCHOSSOIS CENTER FOR HEALTH & INTEGRATIVE MEDICINE 250,000
    AIKEN HORSE PARK FOUNDATION
    PO BOX 1951
    AIKEN,SC29802     		  POF STEEPLECHASE EQUIPMENT REMOVAL 21,000
    AIKEN STEEPLECHASE
    528 TWO NOTCH RD SE
    AIKEN,SC29801     		  PC WHEAT ROAD PROCEEDS 271,000
    AMERICAN CANCER SOCIETY
    PB BOX 22718
    OKLAHOMA CITY,OK73123     		  PC CGI PAYROLL DEDUCTION MATCH 90
    AMERICAN CANCER SOCIETY
    PB BOX 22718
    OKLAHOMA CITY,OK73123     		  PC 2021 DISCOVERY BALL-CIRCLE OF 25,000
    AMERICAN HEART ASSOCIATION - GREATER MIDWEST AFFILIATE
    300 S RIVERSIDE PLAZA
    CHICAGO,IL60606     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    AMERICAN RED CROSS
    2200 W HARRISON STREET
    CHICAGO,IL60612     		  PC GENERAL OPERATING 25,000
    ARRABON
    8280 GREENSBORO DR STE 140
    MCLEAN,VA22102     		  PC DOCUMENTARY PROJECT 5,000
    ART INSTITUTE OF CHICAGO
    111 S MICHIGAN AVE
    CHICAGO,IL60603     		  PC ANNUAL GIFT 62,500
    ARTISTS SPACE INC
    55 WALKER ST
    NEW YORK,NY10013     		  PC EDUCATIONAL PROGRAMS C/O KATE TEMPLE 2,500
    AUTISM SPEAKS
    1 E 33RD ST 4TH FL
    NEW YORK,NY10016     		  PC CGI PAYROLL DEDUCTION MATCH 145
    BARRINGTON AREA COMMUNITY FOUNDATION
    18-5 E DUNDEE RD STE 300
    BARRINGTON,IL60010     		  PC GENERAL OPERATING 10,000
    BARRINGTON AREA COUNCIL ON AGING
    6000 GARLANDS LANE STE 100
    BARRINGTON,IL60010     		  PC DANCING WITH THE STARS 12,500
    BARRINGTON AREA COUNCIL ON AGING
    6000 GARLANDS LANE STE 100
    BARRINGTON,IL60010     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,000
    BARRINGTON AREA COUNCIL ON AGING
    6000 GARLANDS LANE STE 100
    BARRINGTON,IL60010     		  PC BUILDING FUND 10,000
    BARRINGTON AREA COUNCIL ON AGING
    6000 GARLANDS LANE STE 100
    BARRINGTON,IL60010     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 3,000
    BEAR NECESSITIES PEDIATRIC CANCER FOUNDATION
    55 W WACKER DR STE 110
    CHICAGO,IL60601     		  PC CGI PAYROLL DEDUCTION MATCH 115
    BELLARMINE JESUIT RETREAT HOUSE INC
    420 COUNTY LINE RD
    BARRINGTON,IL60010     		  PC GENERAL OPERATING 5,000
    BIG SKY BRAVERY
    215 QUAIL RUN
    BOZEMAN,MT59718     		  PC TASK FORCE SPONSORSHIP 31,265
    BIG SKY BRAVERY
    215 QUAIL RUN
    BOZEMAN,MT59718     		  PC GENERAL OPERATING 1,534
    BLUE SCHOOL
    241 WATER ST
    NEW YORK,NY10038     		  PC BOARD CHALLENGE/SPRING BENEFIT 15,000
    BLUE SCHOOL
    241 WATER ST
    NEW YORK,NY10038     		  PC ANNUAL GIFT 10,000
    BLUE SCHOOL
    241 WATER ST
    NEW YORK,NY10038     		  PC RESILIENCY CAMPAIGN 2022 250,000
    BOYS & GIRLS CLUBS OF AMERICA
    1275 PEACHTREE ST NE
    ATLANTA,GA30309     		  PC CGI PAYROLL DEDUCTION MATCH 53
    BROOKLYN FRIENDS SCHOOL
    375 PEAR STREET
    BROOKLYN,NY11201     		  PC ANNUAL GIFT 15,000
    CANDID
    32 OLD SLIP 24TH FL
    NEW YORK,NY10005     		  PC GENERAL OPERATING 1,000
    CHICAGO CHILDREN'S ADVOCACY CENTER
    1240 S DAMEN AVE
    CHICAGO,IL60608     		  PC GENERAL OPERATING 20,000
    CITIZENS FOR CONSERVATION
    459 W HIGHWAY 22
    BARRINGTON,IL60010     		  PC 50TH ANNIVERSARY 5,000
    CLEARBROOK
    1835 W CENTRAL ROAD
    ARLINGTON HEIGHTS,IL60005     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 1,200
    CRADLES TO CRAYONS INC
    155 N BEACON ST
    BRIGHTON,MA02135     		  PC GENERAL OPERATING 40,000
    CRADLES TO CRAYONS INC
    155 N BEACON ST
    BRIGHTON,MA02135     		  PC GENERAL OPERATING 10,000
    CULVER EDUCATIONAL FOUNDATION
    1300 ACADEMY RD
    CULVER,IN46511     		  PC ANNUAL GIFT 25,000
    DANIEL MURPHY SCHOLARSHIP FUND
    309 W WASHINGTON STE 700
    CHICAGO,IL60606     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    FAIRCHILD TROPICAL BOTANIC GARDEN
    10901 OLD CUTLER RD
    CORAL GABLES,FL33156     		  PC SPONSORSHIP 1,000
    FIELD MUSEUM OF NATURAL HISTORY
    1400 S LAKE SHORE DRIVE
    CHICAGO,IL60605     		  PC ANNUAL GIFT FOUNDERS COUNCIL 10,000
    FOUR PAWS INTERNATIONAL
    36 BROMFIELD ST 410
    BOSTON,MA02108     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PL
    CHICAGO,IL60632     		  PC CAPITAL CAMPAIGN PMT 2 OF 5 10,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PL
    CHICAGO,IL60632     		  PC COVID-19 GENERAL OPERATING 10,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PL
    CHICAGO,IL60632     		  PC COVID-19 GENERAL OPERATING 490,000
    GWEN KNAPP CENTER FOR LUPUS & IMMUNOLOGY RESEARCH (UOFC)
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC ANNUAL GIFT 10,000
    HABITAT FOR HUMANITY INTERNATIONAL INC
    1600 E ROOSEVELT RD
    WHEATON,IL60187     		  PC GCC GROUNDBREAKING SPONSOR 15,000
    HOLOCAUST MEMORIAL FOUNDATION OF ILLINOIS INC
    9603 WOOD DR
    SKOKIE,IL60077     		  PC CURATOR CIRCLE SPONSORSHIP 25,000
    HOLY FAMILY CATHOLIC ACADEMY
    2515 WEST PALATINE ROAD
    INVERNESS,IL60077     		  PC HOLY FAMILY CAMPAIGN (2 OF 5) 15,000
    HOLY FAMILY CATHOLIC ACADEMY
    2515 WEST PALATINE ROAD
    INVERNESS,IL60077     		  PC 2021 GALA SPONSORSHIP 7,500
    ILLINOIS INSTITUTE OF TECHNOLOGY
    10 W 35TH STREET SUITE 1700 C/O
    BETSY HUGHES
    CHICAGO,IL60616     		  PC ANNUAL GIFT 12,500
    ILLINOIS JOINING FORCES
    100 W RANDOLPH ST STE 5570
    CHICAGO,IL60601     		  PC STATEWIDE NAVIGATION 30,000
    INTERFAITH YOUTH CORE
    325 N LASALLE ST STE 775
    CHICAGO,IL60654     		  PC GENERAL OPERATING 25,000
    INTUIT THE CENTER FOR INTUITIVE AND OUTSIDER ART
    756 N MILWAUKEE AVE
    CHICAGO,IL60642     		  PC ANNUAL GIFT 12,500
    JILL'S HOUSE INC
    9011 LEESBURG PIKE
    VIENNA,VA22182     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 10,000
    JOURNEYCARE FOUNDATION
    2050 CLAIRE CT
    GLENVIEW,IL60025     		  PC GENERAL OPERATING 15,000
    JUDSON UNIVERSITY A BAPTIST INSTITUTION
    1151 N STATE ST
    ELGIN,IL60123     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 25,000
    JUNIOR ACHIEVEMENT OF CHICAGO
    651 W WASHINGTON BLVD 404
    CHICAGO,IL60661     		  PC GENERAL OPERATING 30,000
    NORTHWESTERN UNIVERSITY (KELLOGG SCHOOL OF MANAGEMENT)
    1007 CHURCH ST STE 400
    EVANSTON,IL60201     		  PC ANNUAL GIFT 25,000
    NORTHWESTERN UNIVERSITY (KELLOGG SCHOOL OF MANAGEMENT)
    1007 CHURCH ST STE 400
    EVANSTON,IL60201     		  PC ANNUAL GIFT PMT 5 OF 5 2,500
    LAKE MAXINKUCKEE ENVIRONMENT FUND INC
    116 N MAIN ST PO BOX 187
    CULVER,IN46511     		  PC ANNUAL FUND 7,500
    MAKE-A-WISH FOUNDATION OF AMERICA
    640 N LASALLE DR STE 280
    CHICAGO,IL60654     		  PC CGI PAYROLL DEDUCTION MATCH 92
    MARINE CORPS SCHOLARSHIP FOUNDATION
    909 N WASHINGTON ST STE 400
    ALEXANDRIA,VA22314     		  PC 2021 CHICAGO DINNER -SEMPER FI 25,000
    METROPOLITAN FAMILY SERVICES
    1 N DEARBORN STE 1000
    CHICAGO,IL60602     		  PC 2021 MPOWER THE NIGHT GALA 20,000
    METROPOLITAN FAMILY SERVICES
    1 N DEARBORN STE 1000
    CHICAGO,IL60602     		  PC CAMPAIGN TO MPOWER FAMILIES 25,000
    METROPOLITAN FAMILY SERVICES
    1 N DEARBORN STE 1000
    CHICAGO,IL60602     		  PC MPOWER THE NIGHT SPONSORSHIP 12,500
    METROPOLITAN FAMILY SERVICES
    1 N DEARBORN STE 1000
    CHICAGO,IL60602     		  PC 40TH ANN. CELEBRATION-FRIEND SPONSORSHIP 5,000
    MIDWEST ACADEMY
    1420 CHASE CT
    CARMEL,IN46032     		  PC ANNUAL GIFT 30,000
    MILLENNIUM PARK FOUNDATION
    201 E RANDOLPH ST
    CHICAGO,IL60601     		  PC FOUNDERS FUND 10,000
    MISERCORDIA HOME
    6300 N RIDGE RD
    CHICAGO,IL60660     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    MORTON ARBORETUM
    4100 IL RT 53
    LISLE,IL60532     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    MUSEUM OF CONTEMPORARY ART
    220 E CHICAGO AVE
    CHICAGO,IL60611     		  PC GENERAL OPERATING 10,000
    NATIONAL CENTER FOR FAMILY PHILANTHROPY
    1667 K STREET NW SUITE 550
    WASHINGTON,DC20006     		  PC GENERAL OPERATING 10,000
    NATIONAL MULTIPLE SCLEROSIS SOCIETY
    733 THIRD AVENUE 3RD FLOOR
    NEW YORK,NY10017     		  PC VICIOUS CYCLERS SPONSORSHIP 2,500
    NATIONAL MUSEUM OF RACING INC
    190 UNION AVE
    SARATOGA SPRINGS,NY12866     		  PC 2021 MUSEUM BALL 10,000
    NORTHERN ILLINOIS FOOD BANK
    273 DEARBORN CT
    GENEVA,IL60134     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    NORTHERN ILLINOIS FOOD BANK
    273 DEARBORN CT
    GENEVA,IL60134     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    OPERATION NORTH POLE
    50 W OAKTON ST
    DES PLAINES,IL60018     		  PC ANNUAL GIFT 2,000
    PARK TUDOR
    7200 N COLLEGE AVE
    INDIANAPOLIS,IN46240     		  PC ANNUAL FUND 12,500
    PUBLIC ACTION TO DELIVER SHELTER
    659 S RIVER ST
    AURORA,IL60506     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 2,500
    PURDUE RESEARCH FOUNDATION
    403 W WOOD ST
    WEST LAFAYETTE,IN47907     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    RUSH UNIVERSITY MEDICAL CENTER
    1201 W HARRISON ST STE 300
    CHICAGO,IL60607     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 10,000
    SECULAR INSTITUTE SCHOENSTATT SISTERS OF MARY
    W284 N404 CHERRY LN
    WAUKESHA,WI53188     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    SHANTI BHAVAN CHILDREN'S PROJECT
    141 HAWKINS PL PMB 192
    BOONTON,NJ07005     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 4,962
    SHARE OUR STRENGTH
    1030 15TH ST NW STE 1100W
    WASHINGTON,DC20005     		  PC CGI PAYROLL DEDUCTION MATCH 92
    SHIRLEY RYAN ABILITYLAB (FKA REHABILITATION INS OF CHICAGO)
    355 E ERIE C/O ADVANCEMENT
    CHICAGO,IL60611     		  PC SPARK! 2021 BENEFACTOR SPONSOR 12,500
    SKILLS FOR CHICAGOLAND'S FUTURE
    191 N WACKER DR STE 1150
    CHICAGO,IL60606     		  PC GENERAL OPERATING 10,000
    ST ALPHONSUS CHURCH
    1429 W WELLINGTON ST
    CHICAGO,IL60657     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 1,000
    ST JUDE CHILDREN'S RESEARCH HOSPITAL
    501 ST JUDE PL
    MEMPHIS,TN38105     		  PC CGI PAYROLL DEDUCTION MATCH 1,755
    ST PATRICK'S CATHOLIC CHURCH
    6N487 CRANE RD
    ST CHARLES,IL60175     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    THE DOOR - A CENTER OF ALTERNATIVES INC
    121 AVENUE OF THE AMERICAS
    NEW YORK,NY10012     		  PC GENERAL OPERATING 25,000
    THE DOOR - A CENTER OF ALTERNATIVES INC
    121 AVENUE OF THE AMERICAS
    NEW YORK,NY10012     		  PC FALL GALA COMMITTEE 10,000
    THE HAROLD HUNTER FOUNDATION
    151 FIRST AVE 210
    NEW YORK,NY10003     		  PC ANNUAL GIFT 5,000
    THE MIAMI FOUNDATION
    40 NW 3RD ST STE 305
    MIAMI,FL33128     		  PC URBAN CONSOLATE COURAGEOUS COM 10,000
    THE NATIONAL WWII MUSEUM
    945 MAGAZINE ST
    NEW ORLEANS,LA70130     		  PC GENERAL OPERATING 20,000
    THE SALVATION ARMY METROPOLITAN DIVISION
    5040 N PULASKI RD
    CHICAGO,IL60630     		  PC ANNUAL DINNER 12,500
    THE SALVATION ARMY METROPOLITAN DIVISION
    5040 N PULASKI RD
    CHICAGO,IL60630     		  PC HARBOR LIGHT CENTER REHABILITATION 50,000
    THE SALVATION ARMY METROPOLITAN DIVISION
    5040 N PULASKI RD
    CHICAGO,IL60630     		  PC CGI PAYROLL DEDUCTION MATCH 53
    THE SALVATION ARMY METROPOLITAN DIVISION
    5040 N PULASKI RD
    CHICAGO,IL60630     		  PC COVID-19 GENERAL OPERATING 250,000
    THE SALVATION ARMY METROPOLITAN DIVISION
    5040 N PULASKI RD
    CHICAGO,IL60630     		  PC GENERAL OPERATING 10,000
    THE SALVATION ARMY METROPOLITAN DIVISION
    5040 N PULASKI RD
    CHICAGO,IL60630     		  PC GENERAL OPERATING 5,000
    THE TELOS GROUP
    PO BOX 70872
    WASHINGTON,DC20024     		  PC PERMANENT STAFF POSITION 10,000
    UNITED STATES CATHOLIC CONFERENCE
    420 W COUNTY LINE RD
    BARRINGTON,IL60010     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    UNITED WAY OF METROPOLITAN CHICAGO INC
    333 S WABASH AVE 30TH FL
    CHICAGO,IL60604     		  PC GCC PROGRAM 10,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC ANNUAL GIFT 25,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC DUCHOSSOIS FAMILY INSTITUTE 7 OF 10 3,500,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC DUCHOSSOIS FAMILY INSTITUTE 8 OF 10 7,500,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC COMER CHILDREN'S HOSPITAL 50,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC ANNUAL GIFT PMT 3 OF 5 12,500
    UNIVERSITY OF CHICAGO CANCER RESEARCH FOUNDATION
    5801 S ELLIS AVE
    CHICAGO,IL60637     		  PC M LEBEAU PHD ASPIRING SCIENTIST 25,000
    US NAVAL ACADEMY FOUNDATION INC
    291 WOOD RD BEACH HALL
    ANNAPOLIS,MD21402     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 10,000
    US NAVAL ACADEMY FOUNDATION INC
    291 WOOD RD BEACH HALL
    ANNAPOLIS,MD21402     		  PC ANNUAL GIFT - MATCHING CONTRIBUTION 5,000
    VETERAN BUSINESS PROJECT
    106 S NORTHWEST HIGHWAY
    PARK RIDGE,IL60068     		  PC GENERAL OPERATING 10,000
    VIZCAYA MUSEUM AND GARDENS TRUST INC
    3251 S MIAMI AVE
    MIAMI,FL33129     		  PC PRESERVATION LUNCHEON 4,500
    WARRIOR-SCHOLAR PROJECT
    1012 14RH ST STE 1200
    WASHINGTON,DC20005     		  PC 10TH ANNIVERSARY ALUMNI CONFERENCE 25,000
    WOMEN OF TOMORROW
    8400 NW 36TH ST
    DORAL,FL33166     		  PC GALA/ANNUAL GIFT 10,000
    WOMEN OF TOMORROW
    8400 NW 36TH ST
    DORAL,FL33166     		  PC ROSE DAY PALM BEACH 1,000
    WTTW - WINDOW TO THE WORLD COMMUNICATIONS INC
    5400 N ST LOUIS AVE
    CHICAGO,IL60625     		  PC GENERAL OPERATING 10,000
    Total .................................bullet 3a 13,821,356
    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 ...........     		         
    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 ............     		    18 192,289  
    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 6,197,830 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    6,197,830
    (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
    THE DUCHOSSOIS FAMILY FOUNDATION
     
    Employer identification number

    36-3327987
    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
    THE DUCHOSSOIS FAMILY FOUNDATION
          		Employer identification number
    36-3327987
    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
    THE DUCHOSSOIS GROUP INC
     
    444 W LAKE STREET SUITE 200
     
    CHICAGO, IL60606

    		$ 50,000,000


    (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
    THE DUCHOSSOIS FAMILY FOUNDATION
          		Employer identification number

    36-3327987
    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
    THE DUCHOSSOIS FAMILY FOUNDATION
          		Employer identification number

    36-3327987
    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:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 6,625 1,325 0 5,300

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Category Amount
    NONE 0

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Name of Stock End of Year Book Value End of Year Fair Market Value
    MFO VANGUARD INSTL INDEX FD SH BEN INT (VALUED AT COST) 42,124,135 56,304,393

    TY 2021 InvestmentsOtherSchedule2
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    ATALAN PARTNERS LP (VALUED AT COST) AT COST 3,459,777 3,808,582
    COATUE LONG ONLY PARTNERS LP (VALUED AT COST) AT COST 4,685,011 5,006,720
    OVERLOOK PARTNERS FUND LP (VALUED AT COST) AT COST 3,888,683 4,076,374
    ROCK SPRINGS CAPITAL FUND LP (VALUED AT COST) AT COST 4,251,779 4,540,498
    THE CHILDREN'S INVESTMENT FUND LP (VALUED AT COST) AT COST 3,766,237 4,883,550
    VARDE CREDIT PARTNERS LP (VALUED AT COST) AT COST 3,814,121 3,555,497
    WHALE ROCK FLAGSHIP FUND LP (VALUED AT COST) AT COST 2,809,797 3,150,926
    WHITESPRUCE FUND LP (VALUED AT COST) AT COST 5,679,269 6,060,202
    GLENDOWER FUND LP (VALUED AT COST) AT COST 289,611 1,060,858
    GLEENSPRING GLOBAL PARTNERS LP (VALUED AT COST) AT COST 1,828,946 2,227,680
    MFO VANGUARD SHORT TERM INVT GRADE INSTL (VALUED AT COST) AT COST 28,297,521 27,711,416
    VANGUARD EMERGING MARKETS STOCK INDEX FUND (VALUED AT COST) AT COST 10,025,783 11,095,660
    VANGUARD EUROPEAN STOCK INDEX FD INST SHS (VALUED AT COST) AT COST 11,672,505 12,492,258

    TY 2021 OtherExpensesSchedule
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TRAVEL/LODGING 20 0 0 20
    MEALS & ENTERTAINMENT 530 0 0 530
    LICENSES & FEES 347 0 0 347
    OFFICE EXPENSE 5,837 0 0 5,837
    TTC ADMINISTRATIVE FEE 5,000 2,000 0 3,000
    TELEPHONE EXPENSE 1,622 0 0 1,622
    DUES & SUBSCRIPTIONS 14,610 0 0 14,610
    COMPUTER EXPENSE 3,993 0 0 3,993
    PROFESSIONAL DEVELOPMENT FEES 220 0 0 220
    BANK SERVICE CHARGE 21 0 0 21


    TY 2021 OtherIncomeSchedule2
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    INCOME FROM PASSTHROUGHS 3,572,084 -620,535 0


    TY 2021 OtherIncreasesSchedule
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Description Amount
    PRIOR PERIOD ADJUSTMENT - K-1'S 199,218
    GAIN AVOIDED ON DONATION 1,541,227
    UNREALIZED GAIN (LOSS) 28,714


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    TDG SERVICES AGREEMENT 285,176 0 0 285,176


    TY 2021 TaxesSchedule
    Name:
    THE DUCHOSSOIS FAMILY FOUNDATION
    EIN:
    36-3327987
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAX EXPENSE 340,000 340,000 0 0