Form990-PF
Click to see attachment
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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
KOVLER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)875 N MICHIGAN AVE - 3400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60611
A Employer identification number

36-6152744
B Telephone number (see instructions)

(312) 664-5050
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$144,582,743J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 1,130,366 1,130,366  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,832,054
b Gross sales price for all assets on line 6a 11,640,102
7 Capital gain net income (from Part IV, line 2)... 3,832,054
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 367,428 367,078  
12 Total. Add lines 1 through 11........ 5,329,848 5,329,498  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 129,200 83,855   45,345
14 Other employee salaries and wages...... 349,146 252,578   96,568
15 Pension plans, employee benefits....... 71,752 48,409   23,343
16a Legal fees (attach schedule)......... Click to see attachment 1,802 450   1,352
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule)....        
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 100,883 24,789   11,954
19 Depreciation (attach schedule) and depletion... Click to see attachment 10,564 7,290  
20 Occupancy.............. 133,045 73,175   59,870
21 Travel, conferences, and meetings....... 293 234   59
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see list of attachments 317,908 224,334   84,588
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,114,593 715,114   323,079
25 Contributions, gifts, grants paid....... 4,796,540 4,796,540
26 Total expenses and disbursements. Add lines 24 and 25 5,911,133 715,114   5,119,619
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -581,285
b Net investment income (if negative, enter -0-) 4,614,384
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............. 98,166 92,425 92,425
2 Savings and temporary cash investments......... 2,294,554 550,052 550,052
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.......... 41,226 65,121 65,121
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 14,153,409 Click to see attachment10,488,588 101,927,985
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).......... 23,903,400 Click to see attachment30,250,065 41,915,382
14 Land, buildings, and equipment: basis bullet64,739
Less: accumulated depreciation (attach schedule) bullet39,822 35,481 Click to see attachment24,917 24,917
15 Other assets (describe bullet) Click to see attachment51 Click to see attachment6,861 Click to see attachment6,861
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 40,526,287 41,478,029 144,582,743
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
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........... 40,526,287 41,478,029
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)..... 40,526,287 41,478,029
30 Total liabilities and net assets/fund balances (see instructions). 40,526,287 41,478,029
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
40,526,287
2
Enter amount from Part I, line 27a .....................
2
-581,285
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
1,533,027
4
Add lines 1, 2, and 3 ..........................
4
41,478,029
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
41,478,029
Form 990-PF (2021)
Form 990-PF (2021)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a Publicly Traded Securities-ST P 2021-01-01 2021-12-31
b Publicly Traded Securities-LT P 2000-01-01 2021-12-31
c Lux Ventures Cayman III-LTCL P 2020-01-01 2021-12-31
d Lone Cascade, LP-L/T CG P 2000-01-01 2021-12-31
e Lone Cascade, LP-S/T CG P 2021-01-01 2021-12-31
Lone Cascade, LP-L/T CG P 2000-01-01 2021-12-31
Lone Cascade, LP-S/T CG P 2021-01-01 2021-12-31
Honest Partners, LP-S/T CG P 2021-01-01 2021-12-31
Honest Partners, LP-L/T CG P 2000-01-01 2021-12-31
Rome Capital Investors, LP-Short-Term CL P 2021-01-01 2021-12-31
Rome Capital Investors, LP-Long-Term CG P 2000-01-01 2021-12-31
GSCPV Inst. AIV-Long-Term CG P 2000-01-01 2021-12-31
GSCP V Inst, LP-Long-Term Loss P 2000-01-01 2021-12-31
LTCG GSCP V Inst, LP P 2000-01-01 2021-12-31
Lorimer I Ventures Ltd P 2008-01-01 2021-05-28
Lorimer II Ventures Ltd P 2008-01-01 2021-05-28
Lorimer III Ventures Ltd P 2008-01-01 2021-05-28
250.019 shares Moab Partners Offshore, Ltd P 2010-01-01 2021-10-27
Distribution JHL Capital Group Fund Ltd. P 2020-01-01 2021-11-12
LTCG L&B Onshore Fund LP P 2020-01-01 2021-12-24
.0745 shares Magnetar Capital Fund SPC3 P 2020-01-01 2021-06-30
.2960 shares Magnetar Capital Fund SPC1 P 2020-01-01 2021-06-30
.6829 shares Magnetar Capital Fund SPC1 P 2020-01-01 2021-12-24
.1240 shares Magnetar Capital Fund, Ltd P 2020-01-01 2021-06-30
JPMLAUSTr Mmkt P 2021-01-01 2021-04-28
LTCG Dexter Fund P 2019-05-22 2021-04-30
JM10-FFF, LLC-LTCG P 2020-01-01 2021-12-31
JM10-FFF, LLC-Section 1231 P 2020-01-01 2021-12-31
Capital Gain Dividends      
(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 1,198,914   1,187,465 11,449
b 4,839,648   3,230,911 1,608,737
c     168 -168
d 858,034     858,034
e 258,485     258,485
284,188     284,188
85,560     85,560
10,156     10,156
1,489     1,489
    105,776 -105,776
43,193     43,193
18     18
    6,470 -6,470
6,605     6,605
162,623   48,390 114,233
49,716   54,241 -4,525
28,593   19,363 9,230
746,685   500,000 246,685
996     996
3,883     3,883
135   75 60
205   30 175
504   683 -179
330   2,733 -2,403
867,356   867,167 189
2,011,667   1,782,678 228,989
161,521     161,521
    1,898 -1,898
      19,598
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       11,449
b       1,608,737
c       -168
d       858,034
e       258,485
      284,188
      85,560
      10,156
      1,489
      -105,776
      43,193
      18
      -6,470
      6,605
      114,233
      -4,525
      9,230
      246,685
      996
      3,883
      60
      175
      -179
      -2,403
      189
      228,989
      161,521
      -1,898
       
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 3,832,054
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 3 260,063
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 64,140
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 64,140
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 109,782
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 109,782
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 45,642
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet45,642 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? ....................
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 changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • By state legislation that effectively amends the governing instrument so that no mandatory directions
    • that conflict with the state law remain in the governing instrument?................
    6
    Yes
     
    7
    Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
    and Part XIV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    b
    If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
    General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
    8b
    Yes
     
    9
    Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
    or 4942(j)(5) for calendar year 2021 or the taxable year beginning in 2021? See the instructions for Part XIII.
    If "Yes," complete Part XIII .............................
    9
     
    No
    10
    Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
    and addresses. ...............................
    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
    Yes
     
    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 ofbulletJonathan Kovler Telephone no.bullet (312) 664-5050

    Located atbullet875 N Michigan Ave Suite 3400ChicagoIL ZIP+4bullet606111958
    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
     
     
    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
    Jonathan Kovler Pres/CB/Dir
    35.00     		129,000 19,350  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Benjamin Kovler Tr/Mng/Dir
    15.00     		60,000 9,000  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Sally M Kovler Secretary/Dir
    5.00     		0    
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Molly B Kovler Ast Secretary
    35.00     		100 15  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    Casey Benjamin Ast Secretary
    35.00     		100 15  
    875 N Michigan Ave - 3400
    Chicago,IL60611
    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
    Brian T Burke Controller
    40.00     		125,625 18,884  
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
    Gina Rosanova Exec. Admin
    40.00     		90,875 13,631  
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
    Sergio Gonzalez Accountant
    40.00     		72,646 10,897  
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
    Total number of other employees paid over $50,000...................bullet  
    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
    NONE
    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  
    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
    130,209,894
    b
    Average of monthly cash balances.......................
    1b
    1,257,580
    c
    Fair market value of all other assets (see instructions)................
    1c
    82,313
    d
    Total (add lines 1a, b, and c).........................
    1d
    131,549,787
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    131,549,787
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,973,247
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    129,576,540
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    6,478,827
    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
    6,478,827
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    64,140
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    64,140
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    6,414,687
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    6,414,687
    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
    6,414,687
    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 6,414,687
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 5,051,306
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 5,119,619
    a Applied to 2020, but not more than line 2a 5,051,306
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 68,313
    e Remaining amount distributed out of corpus  
    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  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    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 ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		6,346,374
    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) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    Kovler Family Foundation
    875 N Michigan Ave Suite 3400
    Chicago,IL606111958
    (312) 664-5050
    bThe form in which applications should be submitted and information and materials they should include:
    It is recommended that a 1 to 2 page written proposal and a copy of your determination letter be submitted.No Specific Form Required.
    cAny submission deadlines:
    By Mid - November to be considered for the current year.
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    No Restrictions. Typical Grant Awarded is between $1,000 - $5,000
    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
    Alex's Lemonade Stand Foundation
    111 Presidential Blvd Suite 203
    Bala Cynwyd,PA19004     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    After School Matters
    66 East Randolph Street
    Chicago,IL60601     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Beyond Sports Foundation
    1350 Old Skokie Valley Rd 205
    Highland Park,IL60035     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Big Brothers - Big Sisters of Metro
    560 W Lake Street 5th Floor
    Chicago,IL60661     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Boys Girls Club of Chicago
    550 W Van Buren Street Suite 350
    Chicago,IL60607     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Camp of Dreams
    1235A N Clybourn Suite 362
    Chicago,IL60610     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Camp Penuel
    PO Box 367
    Ironton,MO63650     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Challenge Aspen
    PO Box 6639
    Snowmass Village,CO81615     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Children's Advocacy Center
    1240 South Damen Avenue
    Chicago,IL60608     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Dragonfly Foundation Chicago
    833 Central Ave Unit 1306
    Highland Park,IL60035     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Chicago Youth Centers
    218 S Wabash Ave Suite 600
    Chicago,IL60604     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Harmony Project
    4322 Wilshire Blvd
    Los Angeles,CA90010     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Foundation for Jewish Camping
    253 West 35th Street 4th Fl
    New York,NY10001     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Intonation Music Workshop
    4434 S Lake Park Ave Suite 110
    Chicago,IL60653     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 15,000
    Invest For Kids Inc
    875 N Michigan
    Chicago,IL60611     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations.Donated 1,000 shs of Walmart Inc (WMT)stock @ average price of $139.505 per share on 12/23/2021Cash amount $10,495.00 150,000
    Ira Sohn Research Conference Founda
    225 West 106th Street Suite 15M
    New York,NY10025     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Make A Wish Foundation
    640 N LaSalle St Suite 280
    Chicago,IL60654     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 20,000
    Menomonee Club
    1535 N Dayton
    Chicago,IL60642     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Marine Toys for Tots Foundation
    3034 West Foster Ave
    Chicago,IL60625     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Publicolor
    20 West 36th Street 9th Floor
    New York,NY10018     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    SAY
    247 West 37th Street 5th Floor
    New York,NY10018     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    SGA Youth Family Services
    11 E Adams Suite 1500
    Chicago,IL60603     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Share Our Spare
    935 W Chestnut Street LL 13
    Chicago,IL60642     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Snow City Arts
    1653 W Congress Pkwy Kidston 103
    Chicago,IL60612     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Playing For Change Foundation
    171 Pier Avenue 271
    Santa Monica,CA90405     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    UNICEF USA
    125 Maiden Lane
    New York,NY10038     		None PC Children's Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    ACRE
    1345 W 19th Street
    Chicago,IL60608     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    CHANGE Illinois
    1025 Margret St
    Des Plaines,IL60016     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Chicago History Museum
    1601 North Clark Street
    Chicago,IL60614     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Chicago Shakespeare Theater
    800 East Grand Avenue
    Chicago,IL60611     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Symphony Orchestra
    220 South Michigan Ave
    Chicago,IL60604     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Garfield Park Conservatory Alliance
    300 N Central Park Ave
    Chicago,IL60624     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Facing History Ourselves
    2 N LaSalle St 2300
    Chicago,IL60602     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Friends of ELNET
    5215 Old Orchard Rd Suite 880
    Chicago,IL60077     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Hubbard Street Dance Chicago
    1147 W Jackson Blvd
    Chicago,IL60607     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Hyde Park Art Center
    5020 S Cornell Ave
    Chicago,IL60615     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Independence Pass Foundation
    PO Box 1700
    Aspen,CO81612     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Jewish Community Centers of Chgo
    30 South Wells Suite 4000
    Chicago,IL60606     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Jewish Council for Youth Services
    150 N Michigan Avenue Suite 640
    Chicago,IL60601     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Jewish Vocational Services
    216 West Jackson Blvd Suite 700
    Chicago,IL60606     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Joffrey Ballet
    10 East Randolph Street
    Chicago,IL60601     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Lubeznik Center for the Arts
    101 W 2nd St Avenue of the Arts
    Michigan City,IN46360     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Mother Emanuel Memorial Foundation
    PO Box 242
    Charleston,SC29402     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 20,000
    Museum of Contemporary Art
    220 East Chicago Avenue
    Chicago,IL60611     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 100,000
    Newberry Library
    60 West Walton Street
    Chicago,IL60610     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Palm Springs Art Museum
    101 Museum Drive
    Palm Springs,CA92262     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 30,000
    PAWS Chicago
    1997 N Clybourn Ave
    Chicago,IL60614     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Illinois Humanities
    125 S Clark St Ste 650
    Chicago,IL60603     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Reader Institute for Community Jour
    2930 S Michigan Ave Suite 102
    Chicago,IL60616     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    US Holocaust Memorial Museum
    PO Box 1852
    Highland Park,IL60035     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Lincoln Park Zoological Society
    2001 North Clark
    Chicago,IL60614     		None PC Cultural & Civic-To aid in achieving the exempt purpose of the various donee organizations. 200,000
    Chicago Public Education Fund
    200 West Adams Suite 2150
    Chicago,IL60606     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Public Library Foundation
    20 N Michigan AveB Ste 520
    Chicago,IL60602     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    CPS Student Science Fair
    PO Box 803945
    Chicago,IL60680     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Scholars
    247 S State Street - Suite 700
    Chicago,IL60604     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Communities In Schools of Chicago
    815 West Van Buren Suite 300
    Chicago,IL60607     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    ConTextos
    641 W Lake St Suite 200
    Chicago,IL60661     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Francis W Parker School
    330 West Webster Avenue
    Chicago,IL60614     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 28,000
    Horizons for Youth
    703 West Monroe Street
    Chicago,IL60661     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Immaculate Conception School
    7263 Talcott Ave
    Chicago,IL60631     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    LEARN Charter School Network
    PO Box 08328
    Chicago,IL60618     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    One Million Degrees
    180 N Wabash 310
    Chicago,IL60601     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Oxford Academy
    1393 Boston Post Road
    Westbrook,CT06498     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Pomona College
    333 N College Way
    Claremont,CA91711     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Posse Foundation
    111 W Jackson Blvd Suite 1100
    Chicago,IL60604     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    College of Charleston Foundation
    66 George St
    Charleston,SC29424     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Providence St Mel School
    119 South Central Park Avenue
    Chicago,IL60624     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Reading in Motion
    65 E Wacker Place Suite 305
    Chicago,IL60601     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Saint Ann's School
    129 Pierrepont School
    Brooklyn,NY11201     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Mark Day School-Saint Mark's School
    39 Trellis Drive
    San Rafael,CA94903     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 500
    United Negro College Fund
    1805 7th Street NW
    Washington,DC20001     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Notre Dame College Prep
    7655 W Dempster St
    Niles,IL60714     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    University of Chicago Booth School
    5807 S Woodlawn Ave
    Chicago,IL60637     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    University of Chicago Laboratory Sc
    1362 East 59th Street
    Chicago,IL60637     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Wolcott School
    524 N Wolcott Ave
    Chicago,IL60642     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Sonia Shankman School
    6245 S Ingleside Ave
    Chicago,IL60637     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    WTTW
    5400 N St Louis Ave
    Chicago,IL60625     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Academy for Global Citizenship
    4647 West 47th Street
    Chicago,IL60632     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 100,000
    Alice Lloyd College
    100 Purpose Road
    Pippa Passes,KY41844     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    American University Dept of Athleti
    4400 Massachusetts Ave NW
    Washington,DC20016     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    ChiArts
    2714 W Augusta
    Chicago,IL60622     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 7,500
    Evans Scholars Foundation
    1 Briar Road
    Golf,IL60029     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Tutoring Chicago
    2145 North Halsted
    Chicago,IL60614     		None PC Education-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Barkee Larouxs House of Love Animal
    PO Box 2845
    Palm Springs,CA92263     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Parks Foundation
    541 N Fairbanks Court
    Chicago,IL60611     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations.Donated 5,000 shs of Ross Stores, Inc(ROST)stock @ average price of $113.115 per share on 12/29/2021Donated 2,500 shs of Dollar General Corp(DG)stock @ average price of $231.33 per share on 12/29/2021Cash amount $356,100.00 1,500,000
    FarmLink Project
    325 Arno Way
    Los Angeles,CA90272     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Hyde Park Kenwood Interfaith Counci
    1448 E 52nd Street Box 117
    Chicago,IL60615     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Lakeview Pantry
    5151 N Ravenswood Ave
    Chicago,IL60640     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Loaves Fishes Community Services
    1871 High Grove Lane
    Naperville,IL60540     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    100 Club of Chicago
    875 N Michigan Ave Suite 1351
    Chicago,IL60611     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 200
    A Better Chicago
    600 West Van Buren Suite 510
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Access Living of Metro Chicago
    115 West Chicago Ave
    Chicago,IL60654     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    American Red Cross of Greater Chica
    2200 W Harrison St
    Chicago,IL60612     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Anti-Defamation League
    120 South LaSalle Suite 1150
    Chicago,IL60603     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Better Government Assoc
    223 W Jackson Blvd Suite 900
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Blue Sky Bakery
    3720 N Lincoln Ave
    Chicago,IL60613     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Chicago Cares
    2 N Riverside Plaza Suite 1800
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Chicago Crime Commission
    PO Box 8021
    Chicago,IL60680     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Foundation for Women
    140 S Dearborn Street Suite 400
    Chicago,IL60603     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Chicago Police Memorial Foundation
    1407 W Washington Blvd
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Compassion Choices
    PO Box 485
    Etna,NH03750     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Baltimore Hunger Project
    117 Old Padonia Road Suite E
    Cockeysville,MD21030     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Executive Services Corps of Chicago
    318 W Adams St 16th Fl
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Family Focus
    310 S Peoria Street Suite 301
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Fresh Air Fund
    633 3rd Avenue 14th Floor
    New York,NY10017     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Friends of the Israel Defense Force
    29 E Madison Suite 1010
    Chicago,IL60602     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Greater Chicago Food Depository
    4100 W Ann Lurie Place
    Chicago,IL60632     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Guide Dogs of the Desert
    PO Box 1692
    Palm Springs,CA92263     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Border Kindness
    125 E 3rd Street PMB 4
    Calexico,CA92231     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Israel Tennis Centers Foundation In
    3275 West Hillsboro Blvd Ste 102
    Deerfield Beach,FL33442     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Desert Community Foundation
    75-105 Merle Street Suite 300
    Palm Desert,CA92211     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 20,000
    Jewish United Fund of Metro Chicago
    30 South Wells Street
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 277,500
    Judd Goldman Adaptive Sailing Found
    623 W Lake Street Suite 150
    Chicago,IL60661     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    JUF Uptown Cafe
    909 W Wilson Ave
    Chicago,IL60640     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Big Green
    1637 Pearl Street Suite 201
    Boulder,CO80302     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    LakefrontMercy Lakefront Housing
    120 S LaSalle Street Suite 1850
    Chicago,IL60603     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Milken Institute
    1250 Fourth Street 2nd Floor
    Santa Monica,CA90401     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Millennium Park Inc
    201 East Randolph Street
    Chicago,IL60601     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Mundelein Citizen Police AAA
    221 North Lake Street
    Mundelein,IL60060     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    New York Times Neediest Cases Fund
    PO Box 5193
    New York,NY10087     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Night Ministry
    4711 North Ravenswood Ave
    Chicago,IL60640     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Dogs For Our Brave
    PO Box 430011
    St Louis,MO63143     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Roaring Fork Conservancy
    PO Box 3349
    Basalt,CO81621     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Robin Hood
    826 Broadway 9th Floor
    New York,NY10003     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 7,500
    First Tee of Greater Chicago
    35 E Wacker Drive Suite300
    Chicago,IL60601     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Salvation Army
    5040 N Pulaski Road
    Chicago,IL60630     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Make the Road New York
    301 Grove Street
    Brooklyn,NY11237     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    St Marys Food Bank Alliance
    2831 N 31st Avenue
    Phoenix,AZ85009     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Support Advocates for Women
    1014 North Hamlin Avenue
    Chicago,IL60651     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 2,500
    Teach for America
    300 West Adams Street Suite 1000
    Chicago,IL60606     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 100,000
    World Central Kitchen
    655 New York Ave NW 6th Floor
    Washington,DC20001     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Schwab Charitable Fund
    211 Main Street
    San Francisco,CA94105     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 200,000
    YMCA of Metropolitan Chicago
    1030 W Van Buren Street
    Chicago,IL60607     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Zacharias Sexual Abuse Center
    4275 Old Grand Avenue
    Gurnee,IL60031     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Feed Chicago Inc
    1901 N Clybourn Suite 401
    Chicago,IL60614     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Women For Afghan Women Inc
    158-24 73rd Ave 2nd Floor
    Fresh Meadows,NY11366     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Food Bank for New York City
    39 Broadway 10th Floor
    New York,NY10006     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    International Community Foundation
    2505 N Avenue
    National City,CA91950     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Friendship Center
    2711 W Lawrence Avenue
    Chicago,IL60625     		None PC General Welfare-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Alzheimer's Association
    225 N Michigan Ave 17th Floor
    Chicago,IL60601     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    American Brain Tumor Association
    8550 W Bryn Mawr Ave Ste 550
    Chicago,IL60631     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,500
    Cancer Wellness Center
    215 Revere Drive
    Northbrook,IL60062     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Children's Oncology Services Inc
    213 West Institute Place Suite 306
    Chicago,IL60610     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Crohn's Colitis Fdn of America Inc
    2200 E Devon Ave Suite 392
    Des Plaines,IL60018     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Diabetes Research Institute Foundat
    200 South Park Road Suite 100
    Hollywood,FL33021     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Digestive Health Foundation
    541 North Fairbanks Court 800
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Dystonia Medical Research Foundatio
    1 East Wacker Drive 1730
    Chicago,IL60601     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Erikson Institute
    451 North LaSalle
    Chicago,IL60654     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Doctors Without Borders
    PO Box 5030
    Hagerstown,MD21741     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 4,000
    Joslin Diabetes Center
    One Joslin Place Suite 745
    Boston,MA02215     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    La Rabida Children's Hosp Research
    6501 S Promontory
    Chicago,IL60649     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 5,000
    Les Turner ALS Foundation
    5550 W Touhy Avenue Suite 302
    Skokie,IL60077     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Juvenile Diabetes Research Foundati
    One North LaSalle St Suite 1200
    Chicago,IL60602     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Lynn Sage Cancer Research Foundatio
    251 East Huron Street Suite 3-200
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Meharry
    1005 Dr DB Todd Jr Blvd
    Nashville,TN37208     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Memorial Sloan-Kettering Cancer Cen
    885 Second Avenue 7th Fl
    New York,NY10017     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Menninger Foundation
    12301 Main Street
    Houston,TX77035     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Rolfe Pancreatic Cancer Foundation
    4809 North Ravenswood Suite 326
    Chicago,IL60640     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    MPN Foundation
    180 N Michigan Avenue Suite 1870
    Chicago,IL60601     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    National Kidney Fdn of Illinois Inc
    215 West Illinois Street Suite 1C
    Chicago,IL60654     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Lurie Children's Foundation
    225 East Chicago Ave Box 4
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Chicago Women's Health Center
    1025 West Sunnyside Ave 201
    Chicago,IL60640     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Imerman Angels
    205 W Randolph 19th Fl
    Chicago,IL60606     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 12,500
    Ounce of Prevention Fund
    33 West Monroe Street Suite 2400
    Chicago,IL60603     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 3,000
    Ovarian Cancer Research Foundation
    14 Pennsylvania Plaza 2110
    New York,NY10122     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Amy Krouse Rosenthal Foundation
    2906 Central Street Box 223
    Evanston,IL60201     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    PCD Foundation
    10137 Portland Avenue South
    Minneapolis,MN55420     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 250,000
    Prostate Cancer Foundation
    1250 Fourth Street
    Santa Monica,CA90401     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 175,000
    Shirley Ryan Ability Lab
    355 E Erie St
    Chicago,IL60611     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 40,000
    Global Lyme Alliance
    1290 E Main St 3rd Fl
    Stamford,CT06902     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Thresholds
    4101 N Ravenswood Ave
    Chicago,IL60613     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    St Jude Children's Research Hospita
    501 St Jude Place
    Memphis,TN38105     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    UCP Seguin of Greater Chicago
    3100 South Central Ave
    Cicero,IL60804     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    The University of Chicago
    5841 S Maryland Avenue
    Chicago,IL60637     		None PC Medical-To aid in achieving the exempt purpose of the various donee organizations.Donated 3,000 shs of Walmart Inc (WMT)stock @ average price of $139.505 per share on 12/23/2021Cash amount $482,485.00 901,000
    Keshet
    600 Academy Drive Suite 130
    Northbrook,IL60062     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 2,000
    Chicago Sinai Congregation
    15 W Delaware Place
    Chicago,IL60010     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Precious Blood Center for Reconcili
    PO Box 9379
    Chicago,IL60609     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Temple Sholom
    3480 N Lake Shore Drive
    Chicago,IL60657     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 9,340
    Shalom Tikvah
    2045 Myrtlewood Road
    Baltimore,MD21209     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 10,000
    Jewish Federation of Palm Springs
    69710 Highway 111
    Rancho Mirage,CA92270     		None PC Religious-To aid in achieving the exempt purpose of the various donee organizations. 1,000
    Total .................................bullet 3a 4,796,540
    bApproved for future payment
    Friends-Israel Defense Force
    29 East Madison
    Chicago,IL60602     		None PC To aid in achieving the exempt purpose of the various donee organizations. 12,000
    Museum of Contemporary Art
    220 East Chicago Avenue
    Chicago,IL60611     		None PC To aid in achieving the exempt purpose of the various donee organizations. 60,000
    Lincoln Park Zoo
    2001 North Clark Street
    Chicago,IL60614     		None PC To aid in achieving the exempt purpose of the various donee organizations. 394,562
    Academy for Global Citizenship
    4647 West 47th Street
    Chicago,IL60632     		None PC To aid in achieving the exempt purpose of the various donee organizations. 200,000
    Palm Springs Art Museum
    101 N Museum Drive PO Box 2310
    Palm Springs,CA92262     		None PC To aid in achieving the exempt purpose of the various donee organizations. 50,000
    Total .................................bullet 3b 716,562
    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 3,832,054  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aAlterman Properties, LLC     		    14 1,553  
    bCedar Street T Fund, LP     14 603,153  
    cEmerging Europe Gr Fnd II     14 -2,085  
    dGS Capital Partners V     14 -138  
    eGSCP V Inst AIV     14 -18  
    fHonest Partners, LP     14 -15,609  
    gJM10-FFF, LLC     14 -12,015  
    hLone Cascade, LP     14 -118,066  
    iLone Cascade, LP     14 -45,715  
    jLux Ventures Cayman III     14 -9,778  
    kRome Capital Investors LP     14 -13,911  
    lVolta Energy SFI LP     14 -19,943  
    12 Subtotal. Add columns (b), (d), and (e) ..   5,329,848  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,329,848
    (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: 21013475
    Software Version: 2021v4.1


    Form 990PF - Special Condition Description:
    Special Condition Description

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

    TY 2021 DepreciationSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    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
    Office Equipment-FM-7/9 2014-07-09 60 58 SL 7.0000 2 1    
    Office Equipment-Shd-6/14 2014-06-24 557 520 SL 7.0000 37 25    
    Computer Equipment-BKF DA 2017-04-03 4,125 3,094 SL 5.0000 825 569    
    Office Furniture-BKF DA 2017-04-03 34,875 18,683 SL 7.0000 4,982 3,438    
    Office Equipment-TA-4/26 2019-04-26 5,361 1,277 SL 7.0000 766 529    
    Computer Server-7/15 2019-07-15 12,506 3,752 SL 5.0000 2,501 1,726    
    Computer Equipment-7/15 2019-07-15 6,118 1,836 SL 5.0000 1,224 845    
    Computer Equipment-11/11 2020-11-11 1,137 38 SL 5.0000 227 157    

    TY 2021 GeneralExplanationAttachment
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Identifier Return Reference Explanation
      General Explanation Supplemental Information for Form 990-PF Form 990-PF Part VX: Additional Information:Allocation of Grants by Activity Classification:Children's Welfare: $266,500Cultural & Civic: $446,000Educational: $209,500General Welfare: $2,300,200Medical: $1,550,000Religious: $23,340 ----------Total Grants from above: $4,796,540 All contributions and grants listed are classified as unrestricted; and are to be used for the general exempt purposes of the organization to which the contribution or grant was made. All of the organizations are public charities and are not related to the Kovler Family Foundation.

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Name of Stock End of Year Book Value End of Year Fair Market Value
    AAPL 7000 shares 122,788 1,242,990
    AEO 20000 shares 221,200 506,400
    BHVN 8000 shares 328,222 1,102,480
    BPFJTF4 68383 shares 1,229,107 2,810,541
    BRK.A 79 shares 93,575 35,602,298
    BRK.B 375 shares 108 112,125
    BX 50000 shares 472,766 6,469,500
    DG 2500 shares 147,576 589,575
    DIS 5000 shares   774,450
    DISH 10000 shares 288,800 324,400
    DXCM 5000 shares 268,918 2,684,750
    GE 1250 shares 104,500 118,088
    GOOG 250 shares 78,705 723,398
    GOOGL 250 shares 78,863 724,260
    GTBIFZ 570000 shares 3,407,776 12,631,479
    HHC 3000 shares 216,475 305,340
    JPM 5000 shares 434,100 791,750
    KO 3000 shares 789 177,630
    L 1650 shares 741 95,304
    LOW 2000 shares 302,120 516,960
    LYV 3000 shares 304,650 359,070
    MCD 50000 shares 85,011 13,403,500
    NKE 20000 shares 45,956 3,333,400
    PJT 1250 shares 4,761 92,612
    PSTH 50000 shares 967,088 986,000
    PSTH.WS 5555 shares 32,912 7,333
    RITM 30000 shares 226,904 321,300
    ROST 105000 shares 181,034 11,999,400
    RSI 30000 shares 352,200 495,000
    V 6000 shares 80,755 1,300,260
    VSCO 3333 shares 32,901 185,115
    WBA 1000 shares 207 52,160
    WMT 1000 shares 4,228 144,690
    BBWI 10000 shares 132,599 697,900
    SPYGX 13787.86 shares 240,253 246,527

    TY 2021 InvestmentsOtherSchedule2
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    Atlas Enhanced Fund, Ltd AT COST 1,344,823 2,193,751
    Cedar Street Teton Fund, LP AT COST 2,140,359 2,136,874
    Emerson Point Capital Overseas LP AT COST 1,000,000 1,475,247
    Eminence Capital Ltd AT COST 234,460 1,807,531
    Glenview Offshore Opp. AT COST 250,000 307,164
    Honest Partners, LP. AT COST 996,038 1,012,738
    Lone Cascade, LP AT COST 9,458,374 11,355,422
    Lone Cedar Ltd. AT COST 1,101,848 1,786,803
    Long Pond Offshore Ltd. AT COST 958,868 1,721,463
    Magnetar Capital Fund, Ltd AT COST 34,360 133
    Magnetar Capital Fnd-SP1&3 AT COST 466 1,884
    Pershing Square Intl Ltd AT COST 277,105 890,259
    PS VII International, LP AT COST 1,982,234 2,578,377
    Rome Capital Investors, LP AT COST 552,778 780,406
    Roystone Capital Offshore Fund Ltd. AT COST   15,538
    SGOF Liquidating Feeder Ltd AT COST 205,894 477,250
    ShoreBridge Point 72 Select Ltd AT COST 2,000,000 2,754,729
    Skellig Offshore Ltd. AT COST 16,830 11,560
    Thirteen Partners Concentrated, Ltd AT COST 1,000,000 1,364,214
    Thirteen Partners Offshore, Ltd AT COST 500,000 1,126,410
    Trian Partners, Ltd. AT COST 1,000,000 1,738,678
    Alterman Properties AT COST 3,316 3,600
    Avenue Europe Capital Solutions Feeder, AT COST   17,291
    Dexter Fund-2019BLA/2020PN AT COST 4,094,608 4,004,794
    Emerging Europe Growth Fund II, LP AT COST 2,994 928
    GS Capital Partners V Institutional, LP AT COST   2,455
    GSCP V Institutional AIV, LP AT COST 1,790 1,552
    JM10-FFF, LLC AT COST 472,771 1,040,213
    Lux Ventures Cayman III, LP AT COST 214,051 863,030
    Volta Energy Storage Fund I, LP AT COST 379,872 418,862
    Artwork/Jewelry AT COST 26,226 26,226

    TY 2021 LandEtcSchedule2
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    Furniture and Fixtures 41,360 26,832 14,528 14,528
    Machinery and Equipment 23,379 12,990 10,389 10,389


    TY 2021 LegalFeesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Honigman Milller Shcwartz Cohn LLP 936 0 0 936
    Katten Muchin Rosenman LLP 281 281 0 0
    SNR Denton US LLP 585 169 0 416


    TY 2021 OtherAssetsSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    Due from Brokers 32 6,842 6,842
    Due from Partnerships 19 19 19


    TY 2021 OtherExpensesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    Bank Charges 331 249   83
    Computer Expense 14,632 8,779   5,853
    Employee Welfare 17,620 11,888   5,732
    Insurance 163,807 109,946   53,860
    Investment Fees 69,927 69,927    
    License & Fees 148 111   37
    Office Expense 21,173 12,704   8,469
    Outside Services 10,448 5,224   5,224
    Passthru-Nondeductible Expense 8,986      
    Telephone 9,070 4,535   4,535
    Utilities 1,766 971   795


    TY 2021 OtherIncomeSchedule2
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Alterman Properties, LLC 1,553 1,553  
    Cedar Street T Fund, LP 603,153 603,153  
    Emerging Europe Gr Fnd II -2,085 -2,085  
    GS Capital Partners V -138 -138  
    GSCP V Inst AIV -18 -18  
    Honest Partners, LP -15,609 -15,609  
    JM10-FFF, LLC -12,015 -12,365  
    Lone Cascade, LP -118,066 -118,066  
    Lone Cascade, LP -45,715 -45,715  
    Lux Ventures Cayman III -9,778 -9,778  
    Rome Capital Investors LP -13,911 -13,911  
    Volta Energy SFI LP -19,943 -19,943  


    TY 2021 OtherIncreasesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Description Amount
    Disbursement to Charity 2,500 shs-DG (Unrealized Apprec) 432,857
    Disbursement to Charity 4,000 shs-WMT (Unrealized Apprec) 541,109
    Disbursement to Charity 5,000 shs-ROST (Unrealized Apprec) 559,061


    TY 2021 TaxesSchedule
    Name:
    KOVLER FAMILY FOUNDATION
    EIN:
    36-6152744
    Software ID:
    21013475
    Software Version:
    2021v4.1
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    990-PF 64,140      
    Payroll Taxes 36,743 24,789   11,954