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 1111 Foundation
 
% LAURA KNUDSON
Number and street (or P.O. box number if mail is not delivered to street address)Three Lakes Drive
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Northfield, IL60093
A Employer identification number

46-1463656
B Telephone number (see instructions)

(847) 643-4343
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$577,695,831J 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) 552,000,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 50,632 50,632  
4 Dividends and interest from securities... 302,539 302,539  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 731,283
b Gross sales price for all assets on line 6a 6,426,588
7 Capital gain net income (from Part IV, line 2)... 731,283
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 21,692 21,692  
12 Total. Add lines 1 through 11........ 553,106,146 1,106,146  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0      
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 6,000 6,000    
c Other professional fees (attach schedule).... Click to see attachment 95,309 95,309    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 31,168 1,168    
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 681 681    
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 133,158 103,158   0
25 Contributions, gifts, grants paid....... 2,148,002 2,148,002
26 Total expenses and disbursements. Add lines 24 and 25 2,281,160 103,158   2,148,002
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 550,824,986
b Net investment income (if negative, enter -0-) 1,002,988
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 460,765 550,298,800 550,298,800
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) 369,110 Click to see attachment378,214 378,981
b Investments—corporate stock (attach schedule)....... 10,775,658 Click to see attachment12,099,741 21,721,387
c Investments—corporate bonds (attach schedule)....... 4,886,172 Click to see attachment4,588,812 4,664,175
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 567,466 Click to see attachment524,847 597,488
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment35,000 Click to see attachment35,000 Click to see attachment35,000
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 17,094,171 567,925,414 577,695,831
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 17,094,171 567,925,421
29 Total net assets or fund balances (see instructions)..... 17,094,171 567,925,421
30 Total liabilities and net assets/fund balances (see instructions). 17,094,171 567,925,421
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
17,094,171
2
Enter amount from Part I, line 27a .....................
2
550,824,986
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
6,264
4
Add lines 1, 2, and 3 ..........................
4
567,925,421
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
567,925,421
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 JPM -S2009 P    
b JPM -S2009 P    
c JPM -M9009 P    
d JPM -M9009 P    
e JPM -F0002 P    
JPM -F0002 P    
MORGAN STANLEY -5160 P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
CAPITAL GAIN DIVIDENDS P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 2,530,557   2,300,683 229,874
b 1,533,630   1,318,723 214,907
c 550,000   524,137 25,863
d 150,000   118,655 31,345
e 175,753   147,437 28,316
29,978   31,655 -1,677
1,251,172   1,249,413 -2,843
      205,498
      205,498
      205,498
      205,498
      205,498
      205,498
      205,498
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       229,874
b       214,907
c       25,863
d       31,345
e       28,316
      -1,677
      1,759
       
       
       
       
       
       
       
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 2 731,283
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2  
3 Add lines 1 and 2........................... 3 13,942
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 13,942
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 19,431
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 30,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 49,431
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 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 35,489
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet35,489 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
     
    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 ofbulletLAURA KNUDSON Telephone no.bullet (847) 643-4343

    Located atbulletTHREE LAKES DRIVENORTHFIELDIL ZIP+4bullet60093
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
     
    No
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
     
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JAMES D ABRAMS CO-PRESIDENT
    1.0     		0 0 0
    Three Lakes Drive
    Northfield,IL60093
    WENDY D ABRAMS CO-PRESIDENT
    1.0     		0 0 0
    Three Lakes Drive
    northfield,IL60093
    LAURA KNUDSON DIRECTOR
    1.0     		0 0 0
    Three Lakes Drive
    northfield,IL60093
    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
     
    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
    JPMORGAN CHASE BANK NA ADVISORY MGMNT FEE 76,956
    270 PARK AVENUE
    NEW YORK,NY10017
    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
    25,738,813
    b
    Average of monthly cash balances.......................
    1b
    23,416,007
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    49,154,820
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    49,154,820
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    737,322
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    48,417,498
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    2,420,875
    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
    2,420,875
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    13,942
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    13,942
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    2,406,933
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    2,406,933
    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
    2,406,933
    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 2,406,933
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 912,939
    b From 2017...... 1,099,680
    c From 2018...... 626,251
    d From 2019...... 816,657
    e From 2020...... 942,067
    f Total of lines 3a through e ........ 4,397,594
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,148,002
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 2,148,002
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 258,931 258,931
    (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 4,138,663
    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 .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		654,008
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		3,484,655
    10 Analysis of line 9:
    a Excess from 2017.... 1,099,680
    b Excess from 2018.... 626,251
    c Excess from 2019.... 816,657
    d Excess from 2020.... 942,067
    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).)
    JAMES D ABRAMS
    WENDY D ABRAMS
    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
    amy krouse rosenthal foundation
    3501 N Southport Ave Box 510
    CHICAGO,IL606571475     		N/A PC UNRESTRICTED CHARITABLE GIFT 140,000
    Best Buddies
    100 Southeast Second Street SUITE
    MIAMI,FL33131     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    California Service Initiative Volunteers Fund
    1400 10th St
    Sacramento,CA95814     		N/A PC UNRESTRICTED CHARITABLE GIFT 250,000
    Chicago Cares
    1200 W 35th St
    chicago,IL60608     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    City Year Chicago
    36 South Wabash Avenue Suite 1300
    chicago,IL60603     		N/A PC UNRESTRICTED CHARITABLE GIFT 1,000
    Climate Emergency Fund
    8383 Wilshire Blvd Suite 400
    BEVERLY HILLS,CA90211     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Clinton Foundation
    1633 Broadway
    NEW YORK,NY10019     		N/A PC UNRESTRICTED CHARITABLE GIFT 148,000
    Cool Globes Inc
    3 Lakes Drive
    NORTHFIELD,IL60093     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Cornell University (Cornell Institute of Politics)
    130 E Seneca Street Suite 400
    ITHACA,NY14850     		N/A PC UNRESTRICTED CHARITABLE GIFT 32,000
    Debate it Forward
    3180 N Lake Shore Drive 15F
    CHICAGO,IL60657     		N/A PC UNRESTRICTED CHARITABLE GIFT 1,000
    Farmlink
    325 Arno Way
    Pacific Palisades,CA90272     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Highland Park Community Foundation
    PO Box 398
    HIGHLAND PARK,IL60035     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    Illinois Holocaust Museum
    9603 Woods Drive
    SKOKIE,IL60077     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Montana Land Reliance
    PO Box 355
    HELENA,MT59624     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    Ravinia Festival
    418 Sheridan Road
    HIGHLAND PARK,IL60035     		N/A PC UNRESTRICTED CHARITABLE GIFT 49,636
    Robert F Kennedy Center for Justice & Human Rights
    1300 19th Street NW Suite 750
    washington,DC20036     		N/A PC UNRESTRICTED CHARITABLE GIFT 250,000
    Save the Children
    501 Kings Highway East Suite 400
    FAIRFIELD,CT06825     		N/A PC UNRESTRICTED CHARITABLE GIFT 20,000
    United Way of Lake County
    330 South Greenleaf Street
    GURNEE,IL60031     		N/A PC UNRESTRICTED CHARITABLE GIFT 6,000
    University of Chicago - Law School
    1111 East 60th Street
    CHICAGO,IL60637     		N/A PC UNRESTRICTED CHARITABLE GIFT 200,000
    Waterkeeper Alliance
    180 Maiden Lane Suite 603
    NEW YORK,NY10038     		N/A PC UNRESTRICTED CHARITABLE GIFT 50,000
    Am Shalom
    840 Vernon Ave
    GLENCOE,IL60022     		N/A PC UNRESTRICTED CHARITABLE GIFT 12,111
    Amazon Frontlines
    425 Bush St Suite 300
    San Francisco,CA94108     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Beverly Hills Police Officers Benevolent Fund
    9663 Santa Monica Blvd 786
    Beverly Hills,CA90210     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    BlackTV Film Collective
    30 John St
    BROOKLYN,NY11201     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    Cabinet of Curiosity
    200 South Taylor St
    OAK PARK,IL60302     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,300
    Campaign for Accountability
    611 Pennsylvania Ave SE 337
    WASHINGTON,DC20036     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    Center for American Progress
    1333 H Street NW 10th Floor
    WASHINGTON,DC20005     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Chicago Lighthouse for the Blind
    1850 W Roosevelt Rd
    CHICAGO,IL60608     		N/A PC UNRESTRICTED CHARITABLE GIFT 2,500
    Chicago Scholars
    PJH Assoc 205 West Wacker Drive
    CHICAGO,IL60606     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Children's Hospital of Los Angeles
    4650 Sunset Blvd MS29
    Los Angeles,CA90027     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    CUNY-Ken Sunshine
    Mail Code 6742 PO Box 7247
    Philadelphia,PA19107     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Family Service Agency of Burbank
    2721 W Burbank Blvd
    BURBANK,CA91505     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Foundation for a Better Puerto Rico
    PO Box 938
    CLUEBRA,PR00775     		N/A PC UNRESTRICTED CHARITABLE GIFT 50,000
    Glass Half Full L3C
    3935 Louisa Street
    New Orleans,LA70126     		N/A PC UNRESTRICTED CHARITABLE GIFT 55,000
    The Growing Season
    1603 Orrington Avenue 13th Floor
    Evanston,IL60201     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Ignation Volunteer Corps
    112 E Madison Street Suite 300
    Baltimore,MD21202     		N/A PC UNRESTRICTED CHARITABLE GIFT 45,021
    Lighthouse Residence
    1644 Beverly Place
    Highland Park,IL60035     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Loyola University
    820 N Michigan Avenue
    CHICAGO,IL60611     		N/A PC UNRESTRICTED CHARITABLE GIFT 83,334
    March On Foundation (Maryland)
    820 Reitchie Hwy Suite 250
    Severna Park,MD21146     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Midwest Access Coalition
    PO Box 408363
    CHICAGO,IL60640     		N/A PC UNRESTRICTED CHARITABLE GIFT 1,000
    New York Presbyterian
    654 West 170th Street
    NEW YORK,NY10032     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Our House Therapy Collective
    PO Box 18215
    CHICAGO,IL60618     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    Robinhood Foundation
    826 Broadway 9th Floor
    NEW YORK,NY10003     		N/A PC UNRESTRICTED CHARITABLE GIFT 100,000
    Seventh Generation Advisors
    1223 Wilshire Blvd 776
    Santa Monica,CA90403     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    SGA Youth & Family Services
    11 East Adams Street Suite 1500
    CHICAGO,IL60603     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    St Jude's
    262 Danny Thomas Pl
    MEMPHIS,TN38105     		N/A PC UNRESTRICTED CHARITABLE GIFT 100
    Stand up to Cancer
    10880 Wilshire Blvd Suite 1400
    Los Angeles,CA90024     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    Sustainable Markets FoundationThird Act
    45 West 36th St 6th Fl
    NEW YORK,NY10018     		N/A PC UNRESTRICTED CHARITABLE GIFT 25,000
    Swipe Out Hunger
    3751 Motor Ave PO 34425
    LOS ANGELES,CA90034     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    TedX Chicago
    600 N Fairbanks Ct PH 4001
    CHICAGO,IL60611     		N/A PC UNRESTRICTED CHARITABLE GIFT 1,000
    Top Box
    222 Merchandise Mart Plaza Suite 2
    CHICAGO,IL60654     		N/A PC UNRESTRICTED CHARITABLE GIFT 10,000
    USAgainst Alzheimer's
    2 Wisconsin Circle Suite 700
    Chevy Chase,MD20815     		N/A PC UNRESTRICTED CHARITABLE GIFT 20,000
    Utah Film Center
    122 S Main St
    Salt Lake City,UT841011602     		N/A PC UNRESTRICTED CHARITABLE GIFT 150,000
    Arts Center of Highland Park
    1957 Sheridan Road
    HIGHLAND PARK,IL60035     		N/A PC UNRESTRICTED CHARITABLE GIFT 5,000
    Digestive Health Foundation
    676 N ST CLAIR STREET
    ARKES PAVILION 14TH FLOOR
    Chicago,IL60611     		  PC UNRESTRICTED CHARITABLE GIFT 100,000
    Total .................................bullet 3a 2,148,002
    bApproved for future payment
    Total .................................bullet 3b  
    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 ............     		    18 731,283  
    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) ..   1,106,146  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    1,106,146
    (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 1111 Foundation
     
    Employer identification number

    46-1463656
    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 1111 Foundation
          		Employer identification number
    46-1463656
    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
    JAMES D WENDY D ABRAMS
    THREE LAKES DRIVE
     
    NORTHFIELD, IL60093

    		$ 552,000,000


    (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 1111 Foundation
          		Employer identification number

    46-1463656
    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 1111 Foundation
          		Employer identification number

    46-1463656
    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:  

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    TY 2021 DepreciationSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Name of Bond End of Year Book Value End of Year Fair Market Value
    WELLS FARGO CORE BOND FUND - C 0 0
    VANGUARD TOTAL BOND MARKET IND 2,003,937 2,067,267
    PIMCO SHORT-TERM FD-INSTL 128,497 127,195
    PIMCO INVESTMENT GRADE CORP 347,394 360,207
    PIMCO INCOME FD-INS 131,101 128,475
    BLACKROCK HI YLD BOND PORT 204,022 242,722
    JPM HIGH YIELD FD USD R6 0 0
    VANGUARD MORTGAGE-BACKED SEC 987,921 964,647
    VANGUARD INT-TERM CORP 0 0
    VANGUARD SHORT-TERM BOND ETF 498,282 489,183
    BLACKROCK LOW DURATION BOND 31,858 31,365
    BLACKROCK TOTAL RETURN 68,212 67,128
    LORD ABBETT BOND DEBT 27,011 26,723
    LORD ABBETT CORE PLUS BOND 67,818 67,139
    NUVEEN PREFERRED SEC & INC 35,870 35,654
    PIMCO LOW DURATION INC 31,889 31,582
    CITI 6.75% CONTINGENT CALLABLE 25,000 24,888

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Name of Stock End of Year Book Value End of Year Fair Market Value
    ALIBABA GROUP HOLDING-SP ADR 295,763 392,007
    ALPHABET INC/CA-CL C 809,491 2,942,781
    APPLE, INC. 99,213 2,401,457
    BERKSHIRE HATHAWAY INC. 577,949 2,253,310
    FINANCIAL SELECT SECTOR SPDR 207,717 355,824
    HEALTH CARE SELECT SECTOR 198,435 392,097
    VANGUARD INFO TECH ETF 186,189 641,896
    FIDELITY 500 INDEX FD-AI 3,709,067 5,161,193
    CONSUMER STAPLES SPDR 101,780 131,627
    CONSUMER DISCRETIONARY SELT 150,537 246,555
    IND'L SELECT SECT SPDR 152,957 254,050
    VANGUARD COMMUNICATION SVC ETF 224,874 347,847
    JPM LARGE CAP GRWTH FD 970,298 1,047,573
    JPM US EQ FD 951,590 1,080,916
    ACCENTURE PLC-CL A 22,284 37,724
    ADYEN NV-UNSPON ADR 17,279 24,425
    AIA GROUP LTD-SP ADR 35,806 33,268
    ALCON INC 21,759 31,363
    AMEDEUS IT GROUP-UNSP ADR 21,959 22,077
    AON PLC-CLASS A 14,158 20,739
    ASML HOLDING NV-NY REG SHS 24,653 50,157
    ATLAS COPCO AB-SPONS ADR A 20,932 29,595
    CANADIAN PACIFIC RAILWAY LTD 29,965 34,531
    CSL LTD-SPONSORED ADR 35,132 33,856
    DVS PANALPINA A S-UNSP ADR 27,825 40,848
    EXPERIAN PLC-SPONS ADR 31,957 41,223
    FERRARI NV 24,520 31,835
    HDFC BANK LTD-ADR 0 0
    ICON PLC 17,068 26,325
    LONZA GROUP AG-UNSPON ADR 22,226 30,227
    LULULEMON ATHLETICA INC 25,164 30,142
    LVMH MOET HENENESSY 21,948 32,935
    MERCADOLIBRE INC 0 0
    METTLER-TOLEDO INTERNATIONAL 18,632 30,550
    NESTLE SA 23,108 27,653
    PERNOD RICARD SA 15,081 20,992
    RESMED INC 26,071 36,467
    SHOPIFY INC-CLASS A 20,667 30,303
    SIKA AG-BR 18,258 31,087
    SMITH & NEPHEW PLC 0 0
    STERIS PLC 18,987 26,044
    TAIWAN SEMICONDUCTOR 32,394 43,432
    TENCENT HOLDINGS LTD 0 0
    ATLASSIAN CORP PLC 21,736 21,352
    EPAM SYSTEMS INC 20,412 30,749
    EVOLUTION AB 20,632 15,297
    LASERTEC CORP 23,960 41,847
    LI NING CO LTD 20,246 18,444
    NOVO-NORDISK A/S 19,010 20,048
    SHENZHOU INTERNATIONAL 18,383 16,589
    WUXI BIOLOGICS CAYMAN 19,104 17,627
    INDUSTRIAL SELECT SECT SPDR 250,129 272,990
    JPM EQ INC FUND 517,562 575,337
    SPDR S&P BANK ETF 249,847 252,067
    10X GENOMICS INC 4,446 4,022
    AGILON HEALTH INC 4,679 4,644
    AIRBNB INC 8,538 8,990
    ALNYLAM PHARMACEUTICALS INC 1,475 1,526
    ALPHABET INC 93,184 112,985
    AMERIPRISE FINCL INC 60,919 76,923
    APPLE INC 112,305 143,121
    BILL COM HOLDINGS INC 10,708 9,717
    BLOCK INC 17,713 12,598
    BROWN & BROWN INC 14,054 16,656
    CARVANA CO 9,074 7,881
    CHEVRON CORP 64,958 72,288
    CHEWY INC 2,048 2,300
    CLOUDFLARE INC 11,859 20,646
    COINBASE GLOBAL INC 8,091 7,571
    COSTCO WHOLESALE CORP 32,857 51,093
    DANAHER CORPORATION 53,115 73,369
    DATADOG INC 7,685 14,071
    DEXCOM INC 3,265 4,833
    DOMINOS PIZZA INC 29,785 44,018
    DOORDASH INC 20,968 17,421
    EDWARD LIFESCIENCES CORP 26,702 31,999
    ESTEE LAUDER CO INC 28,446 41,092
    FASTLY INC 3,004 1,170
    FIRST REPUBLIC BANK 70,523 80,539
    FORTUNE BRANDS HOME & SEC INC 14,912 16,783
    GINKGO BIOWORKS HOLDINGS INC 1,102 706
    GOODRX HOLDINGS INC 2,222 1,895
    GRAB HOLDINGS LTD 2,381 1,968
    GUARDANT HEALTH INC 4,588 3,301
    HOME DEPOT INC 21,743 28,221
    JPMORGAN CHASE & CO 51,325 55,264
    LENNAR CORPORATION 5,430 6,853
    LULULEMON ATHLETICA INC 32,102 34,448
    MASTERCARD INC 23,945 25,512
    MCDONALDS CORP 32,080 34,849
    MECADOLIBRE INC 9,395 10,787
    MGM RESORTS INTERNATIONAL 29,338 34,333
    MICROSOFT CORP 103,611 143,945
    MODERNA INC 1,117 2,286
    MONGODB INC 3,336 5,823
    NEXTERA ENERGY INC 32,612 36,597
    OKTA, INC 3,772 3,587
    PINTEREST INC 8,884 4,726
    PLANET FITNESS INC 26,572 29,982
    PROGRESSIVE CORP 19,581 20,530
    RIVIAN AUTOMOTIVE INC 2,216 2,074
    ROBLOX CORP 12,971 17,537
    ROYALTY PHARMA PLC SHS 11,281 9,923
    SBA COMMUNICATIONS CORP 25,922 30,344
    SEA LIMITED ADR 6,119 5,816
    SHOPIFY INC 19,043 22,038
    SNAP INC 14,296 12,933
    SNOWFLAKE INC 17,973 23,713
    SPOTIFY TECHNOLOGY 6,179 4,915
    STORE CAPITAL CORPORATION 52,133 56,932
    SVB FINANCIAL GROUP 49,651 73,250
    TRADE DESK INC 10,725 12,921
    TWILIO INC 14,011 10,007
    TWITTER INC 15,121 12,793
    UNITED RENTALS INC 48,630 59,148
    UNITY SOFTWARE INC 11,369 14,299
    VALERO ENERGY CORP 7,499 7,511
    VEEVA SYSTEM INC 40,895 35,767
    WASTE MANAGEMENT INC 38,488 50,404
    WAYFAIR INC 11,184 7,219
    WEST PHARMACEUTICAL SVCS INC 39,802 53,467
    ZILLOW GROUP INC 11,882 5,810
    ZOOM VIDEO COMMUNICATIONS 18,074 9,012
    VANGUARD DIVIDEND APPRECIATION 51,727 62,002
    JPM AUTO-CALLABLE DUAL DIRECT 25,000 26,550
    DOXIMITY INC 2,387 1,855

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    US Government Securities - End of Year Book Value:

    378,214
    US Government Securities - End of Year Fair Market Value:

    378,981
    State & Local Government Securities - End of Year Book Value:


     
    State & Local Government Securities - End of Year Fair Market Value:


     


    TY 2021 InvestmentsOtherSchedule2
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    HIGHBRIDGE STRATEGIC CREDIT FU FMV 524,847 597,488

    TY 2021 OtherAssetsSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    OTHER ASSETS 35,000 35,000 35,000


    TY 2021 OtherExpensesSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    HIGHBRIDGE DEDUCTIONS 681 681    


    TY 2021 OtherIncomeSchedule2
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FROM FORM 8621 20,342 20,342  
    MORGAN STANLEY 1099-MISC 1,350 1,350  


    TY 2021 OtherIncreasesSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Description Amount
    ASSET ADJUSTMENT 6,264


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    MANAGEMENT FEES 95,309 95,309    


    TY 2021 TaxesSchedule
    Name:
    The 1111 Foundation
    EIN:
    46-1463656
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXCISE TAX PAID 30,000 0    
    FOREIGN TAX PAID 1,168 1,168