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
ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
 
Number and street (or P.O. box number if mail is not delivered to street address)10 S DEARBORN IL1-0111
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60603
A Employer identification number

36-6999365
B Telephone number (see instructions)

(800) 496-2583
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$65,570,317J 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... 1,157,495 1,157,495  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,079,901
b Gross sales price for all assets on line 6a 3,198,664
7 Capital gain net income (from Part IV, line 2)... 2,079,901
8 Net short-term capital gain......... 0
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 45,292    
12 Total. Add lines 1 through 11........ 3,282,688 3,237,396  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 658,568 346,487   312,081
14 Other employee salaries and wages...... 110,824 0 0 110,824
15 Pension plans, employee benefits....... 20,883 0 0 20,883
16a Legal fees (attach schedule)......... Click to see attachment 757 0 0 757
b Accounting fees (attach schedule)....... Click to see attachment 725 363 0 362
c Other professional fees (attach schedule)....       0
17 Interest...............       0
18 Taxes (attach schedule) (see instructions)... Click to see attachment 64,819 13,172   0
19 Depreciation (attach schedule) and depletion... 0 0  
20 Occupancy.............. 40,335     40,335
21 Travel, conferences, and meetings.......   0 0  
22 Printing and publications..........   0 0  
23 Other expenses (attach schedule)....... Click to see attachment 64,676 2,227   62,349
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 961,587 362,249 0 547,591
25 Contributions, gifts, grants paid....... 2,079,316 2,079,316
26 Total expenses and disbursements. Add lines 24 and 25 3,040,903 362,249 0 2,626,907
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 241,785
b Net investment income (if negative, enter -0-) 2,875,147
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 267,509 314,959 314,959
2 Savings and temporary cash investments......... 5,028,976 4,647,115 4,647,115
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet     0 0
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 bullet0      
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 26,046,048 Click to see attachment26,714,847 44,048,583
c Investments—corporate bonds (attach schedule)....... 8,980,063 Click to see attachment8,980,063 8,830,816
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 4,340,883 Click to see attachment4,240,921 7,723,932
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment4,912 Click to see attachment4,912 Click to see attachment4,912
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 44,668,391 44,902,817 65,570,317
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...........    
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........ 44,668,391 44,902,817
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)..... 44,668,391 44,902,817
30 Total liabilities and net assets/fund balances (see instructions). 44,668,391 44,902,817
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
44,668,391
2
Enter amount from Part I, line 27a .....................
2
241,785
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
7,137
4
Add lines 1, 2, and 3 ..........................
4
44,917,313
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
14,496
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
44,902,817
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 251. APPLE COMPUTER INC   2006-04-07 2021-01-08
b 17. FIDELITY NATL INFORMATION SVCS INC   2019-08-14 2021-01-11
c 261. FIDELITY NATL INFORMATION SVCS INC   2014-12-18 2021-01-11
d 12. FIDELITY NATL INFORMATION SVCS INC   2015-01-16 2021-01-11
e 13. FIDELITY NATL INFORMATION SVCS INC   2015-01-15 2021-01-11
68. FIDELITY NATL INFORMATION SVCS INC   2014-12-17 2021-01-11
56. FIDELITY NATL INFORMATION SVCS INC   2014-12-17 2021-01-12
180. CITIGROUP INC NEW   2020-06-30 2021-01-28
381. CITIGROUP INC NEW   2011-06-13 2021-01-28
321. MERCK & CO INC   2017-10-03 2021-01-28
302. COCA-COLA CO   2020-08-04 2021-02-17
651. COCA-COLA CO   2018-04-13 2021-02-17
46. NORTHROP GRUMMAN CORP   2020-08-04 2021-02-18
559. CITIGROUP INC NEW   2011-08-09 2021-02-19
10. NORTHROP GRUMMAN CORP   2020-08-04 2021-02-19
3. NORTHROP GRUMMAN CORP   2019-05-20 2021-02-19
8. NORTHROP GRUMMAN CORP   2019-05-20 2021-02-19
33. NORTHROP GRUMMAN CORP   2020-06-24 2021-02-19
18. NORTHROP GRUMMAN CORP   2019-05-20 2021-02-19
10. NORTHROP GRUMMAN CORP   2020-06-24 2021-02-19
24. NORTHROP GRUMMAN CORP   2017-10-10 2021-02-19
36. NORTHROP GRUMMAN CORP   2020-07-10 2021-02-19
20. NORTHROP GRUMMAN CORP   2017-10-10 2021-02-19
30. NORTHROP GRUMMAN CORP   2017-09-22 2021-02-19
15. NORTHROP GRUMMAN CORP   2016-09-16 2021-02-19
24. NORTHROP GRUMMAN CORP   2016-09-15 2021-02-19
16. NORTHROP GRUMMAN CORP   2016-09-15 2021-02-19
10. NORTHROP GRUMMAN CORP   2016-09-15 2021-02-19
39. HOME DEPOT INC   2011-09-29 2021-02-24
157. HOME DEPOT INC   2011-09-29 2021-02-24
431. MERCK & CO INC   2016-08-05 2021-02-24
307. PROCTER & GAMBLE CO   2019-06-05 2021-03-03
77. PROCTER & GAMBLE CO   2019-06-05 2021-03-03
77. SALESFORCE.COM INC   2018-04-18 2021-03-03
27. SALESFORCE.COM INC   2018-04-18 2021-03-03
17. SALESFORCE.COM INC   2018-04-17 2021-03-03
10. SALESFORCE.COM INC   2018-04-17 2021-03-03
6. SALESFORCE.COM INC   2018-04-16 2021-03-03
42. SALESFORCE.COM INC   2018-04-13 2021-03-04
12. SALESFORCE.COM INC   2018-04-13 2021-03-04
21. SALESFORCE.COM INC   2018-04-13 2021-03-04
2. SALESFORCE.COM INC   2018-04-13 2021-03-04
13. SALESFORCE.COM INC   2018-04-13 2021-03-04
4. SALESFORCE.COM INC   2018-04-13 2021-03-04
5. SALESFORCE.COM INC   2018-04-13 2021-03-04
2. SALESFORCE.COM INC   2018-04-13 2021-03-04
8. SALESFORCE.COM INC   2018-04-13 2021-03-04
198. APPLE COMPUTER INC   2006-04-07 2021-03-05
7. PAYPAL HOLDINGS INC   2020-03-04 2021-03-05
8. PAYPAL HOLDINGS INC   2020-03-04 2021-03-05
25. PAYPAL HOLDINGS INC   2020-03-04 2021-03-05
29. PAYPAL HOLDINGS INC   2020-03-04 2021-03-05
73. PAYPAL HOLDINGS INC   2020-03-04 2021-03-05
22. NETFLIX.COM INC   2018-09-13 2021-03-18
15. NETFLIX.COM INC   2018-09-13 2021-03-18
16. CHARTER COMMUNICATIONS INC-A   2020-04-16 2021-04-16
39. CHARTER COMMUNICATIONS INC-A   2016-12-15 2021-04-16
131. CHUBB LTD   2008-12-10 2021-04-27
131. CHUBB LTD   2008-11-19 2021-04-28
66. CHUBB LTD   2008-11-19 2021-04-28
24. CHUBB LTD   2008-11-19 2021-04-28
22. NEXTERA ENERGY INC   2020-09-30 2021-05-14
181. NEXTERA ENERGY INC   2020-09-30 2021-05-14
20. NEXTERA ENERGY INC   2020-09-30 2021-05-14
46. ASML HOLDING NV-NY REG SHS   2020-03-04 2021-05-14
4. NEXTERA ENERGY INC   2020-09-30 2021-05-17
67. NEXTERA ENERGY INC   2020-06-30 2021-05-17
88. HONEYWELL INTL INC   2010-03-19 2021-08-19
. INTUITIVE SURGICAL INC NEW     2021-08-19
229. RAYTHEON TECHNOLOGIES CORP   2020-11-24 2021-08-19
14. STANLEY BLACK & DECKER,INC.   2020-10-05 2021-08-19
4. STANLEY BLACK & DECKER,INC.   2020-10-05 2021-08-20
39. STANLEY BLACK & DECKER,INC.   2020-10-05 2021-08-20
4. STANLEY BLACK & DECKER,INC.   2015-11-12 2021-08-20
1. STANLEY BLACK & DECKER,INC.   2015-11-13 2021-08-20
26. STANLEY BLACK & DECKER,INC.   2015-11-13 2021-08-23
19. STANLEY BLACK & DECKER,INC.   2016-02-17 2021-08-24
. WELLS FARGO & CO NEW     2021-09-03
286. FISERV INC   2019-07-18 2021-09-09
22. LAM RESEARCH CORPORATION COMMON   2020-12-17 2021-09-09
20. UNION PAC CORP   2018-02-22 2021-09-09
31. UNION PAC CORP   2018-02-22 2021-09-09
106. UNION PAC CORP   2017-05-18 2021-09-09
200. UNION PAC CORP   2015-09-29 2021-09-09
30. UNION PAC CORP   2015-09-29 2021-09-09
17. ASML HOLDING NV-NY REG SHS   2020-03-05 2021-09-09
65. LILLY ELI & CO   2020-11-24 2021-09-15
12. RAYTHEON TECHNOLOGIES CORP   2020-11-24 2021-09-15
223. RAYTHEON TECHNOLOGIES CORP   2020-11-24 2021-09-15
26. VERTEX PHARMACEUTICALS INC   2011-11-28 2021-09-15
100. VERTEX PHARMACEUTICALS INC   2011-11-28 2021-09-15
11. VERTEX PHARMACEUTICALS INC   2011-11-28 2021-09-15
161. FISERV INC   2019-01-25 2021-10-12
70. MASTERCARD INC - CLASS A   2021-02-24 2021-10-12
98. PAYPAL HOLDINGS INC   2019-01-23 2021-10-12
5. LAM RESEARCH CORPORATION COMMON   2020-12-17 2021-10-21
29. LAM RESEARCH CORPORATION COMMON   2020-11-03 2021-10-21
17. LAM RESEARCH CORPORATION COMMON   2020-11-03 2021-10-21
72. LAM RESEARCH CORPORATION COMMON   2020-11-03 2021-10-21
294. RAYTHEON TECHNOLOGIES CORP   2020-11-24 2021-10-21
64. RAYTHEON TECHNOLOGIES CORP   2020-12-03 2021-10-21
34. RAYTHEON TECHNOLOGIES CORP   2020-12-03 2021-10-21
11. RAYTHEON TECHNOLOGIES CORP   2020-12-03 2021-10-21
257. RAYTHEON TECHNOLOGIES CORP   2020-12-03 2021-10-21
608. COMCAST CORP NEW CL A   2021-04-16 2021-10-27
43. COMCAST CORP NEW CL A   2019-01-29 2021-10-27
34. YUM BRANDS INC   2020-10-16 2021-10-27
99. YUM BRANDS INC   2020-10-14 2021-10-27
40. YUM BRANDS INC   2020-10-14 2021-10-27
112. YUM BRANDS INC   2018-11-28 2021-10-27
61. YUM BRANDS INC   2018-11-28 2021-10-27
10. YUM BRANDS INC   2018-11-27 2021-10-27
73. YUM BRANDS INC   2018-11-27 2021-10-27
113. YUM BRANDS INC   2020-03-11 2021-10-28
9. YUM BRANDS INC   2020-03-11 2021-10-28
43. YUM BRANDS INC   2020-03-11 2021-10-28
7. YUM BRANDS INC   2020-03-11 2021-10-28
8. PAYPAL HOLDINGS INC   2019-01-23 2021-10-29
163. PAYPAL HOLDINGS INC   2019-01-23 2021-10-29
117. PAYPAL HOLDINGS INC   2018-01-26 2021-11-01
823. COMCAST CORP NEW CL A   2009-12-07 2021-11-02
206. COMCAST CORP NEW CL A   2009-12-07 2021-11-02
32. ZIMMER HLDGS INC   2020-06-30 2021-11-02
79. ZIMMER HLDGS INC   2018-04-26 2021-11-02
30. ZIMMER HLDGS INC   2018-04-26 2021-11-02
12. ZIMMER HLDGS INC   2018-04-26 2021-11-02
44. ZIMMER HLDGS INC   2018-04-26 2021-11-02
41. ZIMMER HLDGS INC   2018-10-30 2021-11-03
102. STANLEY BLACK & DECKER,INC.   2016-02-12 2021-11-05
10. STANLEY BLACK & DECKER,INC.   2016-02-11 2021-11-05
39. STANLEY BLACK & DECKER,INC.   2016-02-11 2021-11-08
61. STANLEY BLACK & DECKER,INC.   2016-02-11 2021-11-08
31. STANLEY BLACK & DECKER,INC.   2016-02-11 2021-11-08
1. ANALOG DEVICES INC   2021-09-09 2021-11-19
8. ANALOG DEVICES INC   2021-09-09 2021-11-19
2. ANALOG DEVICES INC   2021-09-09 2021-11-19
31. ANALOG DEVICES INC   2021-09-09 2021-11-19
11. ANALOG DEVICES INC   2021-09-09 2021-11-22
1. ANALOG DEVICES INC   2021-09-09 2021-11-22
1. ANALOG DEVICES INC   2021-09-09 2021-11-22
7. ANALOG DEVICES INC   2021-09-09 2021-11-22
29. ANALOG DEVICES INC   2021-09-09 2021-11-22
4. ANALOG DEVICES INC   2021-09-09 2021-11-22
2. ANALOG DEVICES INC   2021-09-09 2021-11-22
1. ANALOG DEVICES INC   2021-09-09 2021-11-22
14. ANALOG DEVICES INC   2021-09-09 2021-11-22
1. ANALOG DEVICES INC   2021-09-09 2021-11-22
7. ANALOG DEVICES INC   2021-09-09 2021-11-22
10. ANALOG DEVICES INC   2021-09-09 2021-12-06
196. ANALOG DEVICES INC   2020-12-17 2021-12-06
29. NETFLIX.COM INC   2018-09-13 2021-12-06
21. ANALOG DEVICES INC   2020-12-17 2021-12-07
32. ZIMMER HLDGS INC   2018-04-26 2021-12-29
53. ZIMMER HLDGS INC   2018-04-26 2021-12-29
106. ZIMMER HLDGS INC   2017-11-13 2021-12-29
144. ZIMMER HLDGS INC   2017-11-10 2021-12-29
5. ZIMMER HLDGS INC   2017-11-13 2021-12-30
1. APOLLO EPF II PRIVATE INVESTORS,L.P. (OFFSHORE) CLASS A -   2019-01-01 2021-12-31
1. CLAYTON, DUBILIER & RICE (CD&R)   2019-01-01 2021-12-31
1. J.C. FLOWERS III PRIVATE INVESTORS OFFSHORE, LP   2019-01-01 2021-12-31
1. LC ASIA PRIVATE INVESTORS, L.P. (OFFSHORE) CLASS A (NON SELF DEALIN   2019-01-01 2021-12-31
1. GOLDENTREE OFFSHORE FUND, LTD. (NON-SELF DEALING FIDUCIARY   2019-01-01 2021-12-31
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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 33,179   621 32,558
b 2,352   2,227 125
c 35,845   20,585 15,260
d 1,643   754 889
e 1,780   816 964
9,251   4,227 5,024
7,529   3,439 4,090
10,881   9,230 1,651
23,032   20,114 2,918
25,035   24,558 477
15,165   14,075 1,090
32,690   29,010 3,680
13,696   14,980 -1,284
36,199   16,923 19,276
2,976   3,243 -267
893   939 -46
2,381   2,505 -124
9,824   9,986 -162
5,359   5,637 -278
2,974   3,026 -52
7,138   7,038 100
10,707   10,468 239
5,948   5,862 86
8,930   8,441 489
4,461   3,661 800
7,138   5,067 2,071
4,759   3,375 1,384
2,974   2,103 871
10,128   1,318 8,810
40,899   5,304 35,595
32,220   27,134 5,086
37,828   32,769 5,059
9,493   8,218 1,275
16,101   11,387 4,714
5,584   3,353 2,231
3,581   2,084 1,497
2,080   1,222 858
1,254   722 532
8,653   5,016 3,637
2,451   1,431 1,020
4,351   2,504 1,847
414   238 176
2,673   1,550 1,123
816   477 339
1,022   596 426
407   238 169
1,636   954 682
23,585   489 23,096
1,607   803 804
1,801   917 884
5,847   2,866 2,981
6,666   3,325 3,341
17,299   8,369 8,930
11,152   8,155 2,997
7,573   5,560 2,013
10,265   8,088 2,177
25,022   11,905 13,117
21,839   7,388 14,451
21,471   6,172 15,299
11,002   2,785 8,217
3,897   1,013 2,884
1,614   1,521 93
13,248   12,513 735
1,466   1,383 83
29,322   13,685 15,637
292   277 15
4,818   4,429 389
19,975   3,759 16,216
43     43
19,119   17,470 1,649
2,651   2,372 279
760   678 82
7,414   6,605 809
760   420 340
189   105 84
4,960   2,569 2,391
3,646   1,769 1,877
20     20
33,028   28,832 4,196
13,005   10,688 2,317
4,211   2,672 1,539
6,520   4,141 2,379
22,216   12,476 9,740
42,009   19,085 22,924
6,307   2,588 3,719
14,524   4,976 9,548
15,227   9,435 5,792
1,013   892 121
18,872   16,540 2,332
4,910   709 4,201
18,939   2,726 16,213
2,085   300 1,785
16,796   14,362 2,434
24,180   25,648 -1,468
25,053   11,114 13,939
2,694   2,429 265
15,705   13,048 2,657
9,275   6,275 3,000
39,701   26,531 13,170
26,783   21,723 5,060
5,816   4,691 1,125
3,096   2,492 604
1,000   806 194
23,371   17,578 5,793
32,217   33,509 -1,292
2,278   1,554 724
4,319   3,385 934
12,556   9,769 2,787
5,031   3,867 1,164
14,194   10,396 3,798
7,698   5,551 2,147
1,273   894 379
9,234   6,297 2,937
14,123   9,192 4,931
1,114   732 382
5,332   3,498 1,834
878   569 309
1,858   723 1,135
38,072   14,738 23,334
27,022   10,257 16,765
42,942   17,453 25,489
10,778   1,743 9,035
4,679   3,824 855
11,520   9,410 2,110
4,363   3,451 912
1,748   1,376 372
6,408   5,046 1,362
6,014   4,698 1,316
18,785   9,404 9,381
1,841   911 930
7,203   3,518 3,685
11,210   5,485 5,725
5,687   2,776 2,911
188   170 18
1,504   1,357 147
378   339 39
5,852   5,258 594
2,102   1,866 236
191   170 21
190   170 20
1,343   1,187 156
5,397   4,919 478
750   678 72
375   336 39
188   168 20
2,603   2,350 253
187   168 19
1,318   1,175 143
1,810   1,679 131
35,488   29,149 6,339
17,758   10,750 7,008
3,888   3,011 877
4,103   3,645 458
6,823   5,988 835
13,654   11,865 1,789
18,458   15,940 2,518
644   552 92
23,667   2,839 20,828
5,354   2,505 2,849
25,145   413 24,732
61,291   59,933 1,358
151,237   26,585 124,652
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
      1,314,412
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       32,558
b       125
c       15,260
d       889
e       964
      5,024
      4,090
      1,651
      2,918
      477
      1,090
      3,680
      -1,284
      19,276
      -267
      -46
      -124
      -162
      -278
      -52
      100
      239
      86
      489
      800
      2,071
      1,384
      871
      8,810
      35,595
      5,086
      5,059
      1,275
      4,714
      2,231
      1,497
      858
      532
      3,637
      1,020
      1,847
      176
      1,123
      339
      426
      169
      682
      23,096
      804
      884
      2,981
      3,341
      8,930
      2,997
      2,013
      2,177
      13,117
      14,451
      15,299
      8,217
      2,884
      93
      735
      83
      15,637
      15
      389
      16,216
      43
      1,649
      279
      82
      809
      340
      84
      2,391
      1,877
      20
      4,196
      2,317
      1,539
      2,379
      9,740
      22,924
      3,719
      9,548
      5,792
      121
      2,332
      4,201
      16,213
      1,785
      2,434
      -1,468
      13,939
      265
      2,657
      3,000
      13,170
      5,060
      1,125
      604
      194
      5,793
      -1,292
      724
      934
      2,787
      1,164
      3,798
      2,147
      379
      2,937
      4,931
      382
      1,834
      309
      1,135
      23,334
      16,765
      25,489
      9,035
      855
      2,110
      912
      372
      1,362
      1,316
      9,381
      930
      3,685
      5,725
      2,911
      18
      147
      39
      594
      236
      21
      20
      156
      478
      72
      39
      20
      253
      19
      143
      131
      6,339
      7,008
      877
      458
      835
      1,789
      2,518
      92
      20,828
      2,849
      24,732
      1,358
      124,652
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
       
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 2,079,901
3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):
If gain, also enter in Part I, line 8, column (c) (see instructions). If (loss), enter -0-
in Part I, line 8 ................... 		Bracket 3  
Form 990-PF (2021)
Form 990-PF (2021)
Page 4
Part V
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see instructions)
1a Exempt operating foundations described in section 4940(d)(2), check here Bullet and enter “N/A" on line 1. Bracket for line 1a
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 39,965
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 39,965
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 35,696
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 29,304
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 65,000
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 25,035
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet25,035 RefundedBullet 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. bullet$   (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 addressbulletwww.morsetrust.org
    14
    The books are in care ofbulletJPMORGAN CHASE BANK NA Telephone no.bullet (800) 496-2583

    Located atbullet10 S DEARBORN IL1-0111CHICAGOIL ZIP+4bullet60603
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........bullet
    and enter the amount of tax-exempt interest received or accrued during the year ........bullet
    15
     
    16 At any time during calendar year 2021, did the foundation have an interest in or a signature or other authority over YesNo
    a bank, securities, or other financial account in a foreign country? .................
    16   No
    See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
    country bullet
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required
    File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
    Yes
    No
    1a
    During the year did the foundation (either directly or indirectly):
    (1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
    1a(1)
     
    No
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person? ..............................
    1a(2)
     
    No
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
    1a(3)
     
    No
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
    1a(4)
    Yes
     
    (5) Transfer any income or assets to a disqualified person (or make any of either available
    for the benefit or use of a disqualified person)? ......................
    1a(5)
     
    No
    (6) Agree to pay money or property to a government official? (Exception. Check "No"
    if the foundation agreed to make a grant to or to employ the official for a period
    after termination of government service, if terminating within 90 days.) ...............
    1a(6)
     
    No
    b
    If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
    section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
    1b
     
    No
    c
    ........bullet
    d
    Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
    that were not corrected before the first day of the tax year beginning in 2021? .............
    1d
     
    No
    2
    Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
    operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
    a
    At the end of tax year 2021, did the foundation have any undistributed income (lines 6d
    and 6e, Part XII) for tax year(s) beginning before 2021?....................
    2a
     
    No
    If "Yes," list the years bullet20, 20, 20, 20
    b
    Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
    (relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
    to all years listed, answer "No" and attach statement—see instructions.) ..............
    2b
     
     
    c
    If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
    bullet20, 20, 20, 20
    3a
    Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
    any time during the year? ..............................
    3a
     
    No
    b
    If "Yes," did it have excess business holdings in 2021 as a result of (1) any purchase by the foundation
    or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
    by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
    the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
    if the foundation had excess business holdings in 2021.) .....................
    3b
     
     
    4a
    Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
    4a
     
    No
    b
    Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
    charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2021? ..
    4b
     
    No
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 6
    Part VI-B
    Statements Regarding Activities for Which Form 4720 May Be Required (continued)
    5a
    During the year did the foundation pay or incur any amount to:
    Yes
    No
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
    5a(1)
     
    No
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive? ....................
    5a(2)
     
    No
    (3) Provide a grant to an individual for travel, study, or other similar purposes? .............
    5a(3)
     
    No
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? See instructions ........................
    5a(4)
     
    No
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
     
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
     
     
    If "Yes," attach the statement required by Regulations section 53.4945–5(d).
    6a
    Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
    a personal benefit contract? .............................
    6a
     
    No
    b
    Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
    6b
     
    No
    If "Yes" to 6b, file Form 8870.
    7a
    At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
    7a
     
    No
    b
    If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
    7b
     
     
    8
    Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
    excess parachute payment during the year? .........................
    8
     
    No
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors
    1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
    (a) Name and address (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation
     (If not paid, enter
    -0-)     		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
    other allowances
    JPMORGAN CHASE BANK NAClick to see attachment TRUSTEE
    25     		295,643    
    10 S DEARBORN IL1-0111
    CHICAGO,IL60603
    JAMES L ALEXANDERClick to see attachment TRUSTEE
    25     		362,925    
    208 S LASALLE STREET SUITE 1660
    CHICAGO,IL606041226
    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
    MELISSA R PHIPPS PROGRAM OFFICER
    0     		73,755 18,614  
    C/O 10 S DEARBORN ST FL 21
    CHICAGO,IL60603
    Total number of other employees paid over $50,000...................bullet 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet0
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 N/A  
    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
    58,891,606
    b
    Average of monthly cash balances.......................
    1b
    4,388,470
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    63,280,076
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
    0
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    63,280,076
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    949,201
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    62,330,875
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,116,544
    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
    3,116,544
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    39,965
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    39,965
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,076,579
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    3,076,579
    6
    Deduction from distributable amount (see instructions).................
    6
    0
    7
    Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
    7
    3,076,579
    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 3,076,579
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 2,063,709
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 0
    b From 2017...... 0
    c From 2018...... 0
    d From 2019...... 0
    e From 2020...... 0
    f Total of lines 3a through e ........ 0
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 2,626,907
    a Applied to 2020, but not more than line 2a 2,063,709
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		0
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		0
    d Applied to 2021 distributable amount..... 563,198
    e Remaining amount distributed out of corpus 0
    5 Excess distributions carryover applied to 2021. 0 0
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		0
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		0
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		2,513,381
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		0
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		0
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		0
    10 Analysis of line 9:
    a Excess from 2017.... 0
    b Excess from 2018.... 0
    c Excess from 2019.... 0
    d Excess from 2020.... 0
    e Excess from 2021.... 0
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    NONE
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    NONE
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    JAMES L ALEXANDER CO-TRUSTEE
    208 S LASALLE STREET SUITE 1660
    CHICAGO,IL606041226
    (312) 739-0326
    bThe form in which applications should be submitted and information and materials they should include:
    SEE ATTACHED GUIDELINES
    cAny submission deadlines:
    NONE
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SEE ATTACHED GUIDELINES
    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
    SILK ROAD RISING
    150 NORTH MICHIGAN AVENUE SUITE 19
    CHICAGO,IL60601     		NONE PC TO SUPPORT ENGAGEMENT WITH 25,000
    CRADLES TO CRAYONS
    4141 W GEORGE STREET
    CHICAGO,IL60641     		NONE PC TO SUPPORT EVERYDAY 25,000
    CHICAGO CULTURAL ALLIANCE
    100 SOUTH STATE STREET 4TH FLOOR
    CHICAGO,IL60603     		NONE PC TO SUPPORT CULTURAL PROGRAM 15,000
    CROHN'S & COLITIS FOUNDATION OF AMERICA
    2200 E DEVON AVENUE SUITE 392
    DES PLAINES,IL60018     		NONE PC SUPPORT OF RESTROOM 25,000
    OPTIONS FOR YOUTH
    5234 S BLACKSTONE AVENUE H
    CHICAGO,IL60615     		NONE PC TO SUPPORT SALARY OF A NEW 122,500
    RECOVERY ON WATER
    1200 W 35TH STREET
    CHICAGO,IL60609     		NONE PC TO SUPPORT ROW TEAM 18,000
    AMERICAN WRITERS MUSEUM
    180 NORTH MICHIGAN AVE STE 300
    CHICAGO,IL60601     		NONE PC TO SUPPORT OPERATIONS OF 25,000
    CHICAGO NEIGHBORHOOD INITIATIVES
    1000 EAST 111TH STREET
    CHICAGO,IL60628     		NONE PC AWARD TO PROVIDE OPERATING 100,000
    EXPERIMENTAL STATION
    6100 SOUTH BLACKSTONE AVENUE
    CHICAGO,IL60637     		NONE PC AWARD TO PROVIDE GENERAL 10,000
    CHICAGO PSYCHOANALYTIC INSTITUTE
    122 SOUTH MICHIGAN AVENUE 1300
    CHICAGO,IL60603     		NONE PC TO SUPPORT CHILD GRIEF 20,000
    CHICAGO COMMUNITY TRUST
    PO BOX 577309
    CHICAGO,IL60657     		NONE PC TO COVER PARTIAL EXPENSES 100,000
    CHICAGO HISTORY MUSEUM
    1601 NORTH CLARK STREET
    CHICAGO,IL60614     		NONE PC TO PROVIDE CHALLENGE GRANT 116,667
    GADS HILL CENTER
    1919 WEST CULLERTON AVENUE
    CHICAGO,IL60608     		NONE PC TO SUPPORT THE BUILDING 25,000
    SCHOOL OF THE ART INSTITUTE OF CHICAGO
    116 SOUTH MICHIGAN AVENUE 5TH FLOO
    CHICAGO,IL60603     		NONE PC TO SUPPORT CAPX INTERNSHIP 20,000
    UNION LEAGUE BOYS AND GIRLS CLUBS
    65 W JACKSON BOULEVARD
    CHICAGO,IL60604     		NONE PC TO ASSIST YOUTH IN-PERSON 20,000
    CIVIC FEDERATION
    10 NORTH DEARBORN STREET STE 800
    CHICAGO,IL60602     		NONE PC TO SUPPORT SALARY OF A 100,000
    OLD TOWN SCHOOL OF FOLK MUSIC
    4544 N LINCOLN AVENUE
    CHICAGO,IL60625     		NONE PC ARTS AND COMMUNITY WELLNESS 50,000
    BRAIN RESEARCH FOUNDATION
    111 WEST WASHINGTON STREET SUITE 1
    CHICAGO,IL60602     		NONE PC TO SUPPORT RESEARCH GRANT 20,000
    VANDERCOOK COLLEGE OF MUSIC
    3140 SOUTH FEDERAL STREET
    CHICAGO,IL60616     		NONE PC AWARD TO PROVIDE SUPPORT OF 15,000
    ALBANY PARK COMMUNITY CENTER
    5101 NORTH KIMBALL AVENUE
    CHICAGO,IL60625     		NONE PC TO SUPPORT FAMILY SUPPORT 10,000
    HOWARD BROWN HEALTH CENTER
    4025 NORTH SHERIDAN ROAD
    CHICAGO,IL60613     		NONE PC TO SUPPORT CORE YOUTH 20,000
    CHICAGO THEATRE GROUP INC
    170 N DEARBORN STREET
    CHICAGO,IL60601     		NONE PC TO SUPPORT THE EXPANSION OF 50,000
    AUDITORIUM THEATRE OF
    ROOSEVELT UNIVERSITY
    50 EAST IDA B WELLS DRIVE
    CHICAGO,IL60605     		NONE PC TO SUPPORT ARTXCHANGE 25,000
    NORTHWESTERN MEMORIAL FOUNDATION
    541 N FAIRBANKS COURT SUITE 800
    CHICAGO,IL60611     		NONE PC TO SUPPORT FULL-TIME 245,000
    CENTER FOR DISABILITY & ELDER LAW
    205 WEST RANDOLPH SUITE 1610
    CHICAGO,IL60606     		NONE PC TO SUPPORT ADULT 25,000
    CHICAGO YOUTH PROGRAMS
    5350 SOUTH PRAIRIE AVENUE
    CHICAGO,IL60615     		NONE PC TO SUPPORT THE MENTAL 15,000
    ASCEND JUSTICE
    555 WEST HARRISON STREET SUITE 190
    CHICAGO,IL60607     		NONE PC TO SUPPORT FAMILY DEFENSE 15,000
    BREAKTHROUGH URBAN MINISTRIES
    402 NORTH ST LOUIS AVENUE
    CHICAGO,IL60624     		NONE PC TO SUPPORT BREAKTHROUGH 10,000
    WRITERS THEATRE
    321 PARK AVENUE
    GLENCOE,IL60022     		NONE PC TO SUPPORT PURCHASE TICKET 25,000
    RIVENDELL THEATRE ENSEMBLE
    5775 N RIDGE AVENUE
    CHICAGO,IL60660     		NONE PC TO SUPPORT THE SALARY OF 15,000
    INNER-CITY COMPUTER STARS FOUNDATION
    415 NORTH DEARBORN STREET SUITE 30
    CHICAGO,IL60654     		NONE PC AWARD TO SUPPORT EMERGENCY 10,000
    CHICAGO SURVIVORS INC
    1010 WEST 35TH STREET SUITE 510
    CHICAGO,IL60609     		NONE PC TO SUPPORT YOUTH SUPPORT 15,000
    ILLINOIS RAILWAY MUSEUM
    7000 OLSON ROAD PO BOX 427
    UNION,IL601800427     		NONE PC TO SUPPORT STRATEGIC 60,000
    CHICAGO ARCHITECTURE FOUNDATION
    111 E WACKER DRIVE SUITE 1321
    CHICAGO,IL60601     		NONE PC TO FUND CITY OF 140,000
    CIVIC CONSULTING ALLIANCE
    21 S CLARK STREET SUITE 4301
    CHICAGO,IL60603     		NONE PC TO SUPPORT RACIAL EQUITY 25,000
    THE HONEYCOMB PROJECT
    1658 NORTH MILWAUKEE AVE 190
    CHICAGO,IL60647     		NONE PC TO SUPPORT CAPACITY 15,000
    CHICAGO NATIONAL BREWSEUM
    1158 NORTH HOWE STREET UNIT 3
    CHICAGO,IL60610     		NONE PC TO SUPPORT THE STRATEGIC 50,000
    360 SPORTS ACADEMY
    218 LINDEN AVENUE
    BELLWOOD,IL60104     		NONE PC TO SUPPORT PURCHASE OF 12,149
    TFK CHICAGO VOYAGERS
    318 N ELMWOOD LANE
    PALATINE,IL60067     		NONE PC TO SUPPORT GENERAL 35,000
    SKYART
    3026 E 91ST STREET
    CHICAGO,IL60617     		NONE PC TO SUPPORT EXPANSION OF 60,000
    COVENANT HOUSE ILLINOIS
    2934 WEST LAKE STREET
    CHICAGO,IL60612     		NONE PC AWARD TO PROVIDE GENERAL 10,000
    CHICAGO CRED
    300 EAST RANDOLPH STREET SUITE 385
    CHICAGO,IL60601     		NONE PC TO SUPPORT THE VIOLENCE 90,000
    CPS LIVES
    1244 NORTH STATE PARKWAY
    CHICAGO,IL60601     		NONE PC TO SUPPORT GENERAL 10,000
    KIDS FIRST FOR CHICAGO EDUCATION
    21 SOUTH CLARK STREET SUITE 4301
    CHICAGO,IL60603     		NONE PC TO PROVIDE GENERAL 75,000
    P33
    21 SOUTH CLARK STREET SUITE 4301
    CHICAGO,IL60603     		NONE PC TO SUPPORT PATHWAYS AND 150,000
    PLAYWORKS EDUCATION ENERGIZED
    P O BOX 578261
    CHICAGO,IL60657     		NONE PC TO SUPPORT JUNIOR COACH 15,000
    Total .................................bullet 3a 2,079,316
    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 2,079,901  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aFEDERAL TAX REFUND     		    1 45,292  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   3,282,688  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    3,282,688
    (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

    TY 2021 AccountingFeesSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEE 725 363   362

    TY 2021 CompensationExplanation
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Person Name Explanation
    JAMES L ALEXANDER SEE THE ATTACHMENT

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Name of Bond End of Year Book Value End of Year Fair Market Value
    464287176 ISHARES TIPS BOND ET 398,707 507,756
    48121L114 JPM STRAT INC OPP FD 2,161,054 2,110,617
    4812C0100 JPM CORE BD FD - USD 2,873,091 2,921,223
    92837F755 VIRTUS SEIX FLT RT H 1,000,000 905,495
    704329242 PAYDEN EMER MRKT BON 1,197,211 1,133,628
    258620566 DOUBLELINE TTL RTRN 1,350,000 1,252,097

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Name of Stock End of Year Book Value End of Year Fair Market Value
    101137107 BOSTON SCIENTIFIC CO 42,759 71,536
    110122108 BRISTOL-MYERS SQUIBB 55,022 60,604
    172967424 CITIGROUP INC    
    437076102 HOME DEPOT INC    
    438516106 HONEYWELL INTERNATIO 16,854 91,119
    464287465 ISHARES MSCI EAFE ET 4,024,510 5,247,248
    464287499 ISHARES RUSSELL MID- 777,115 3,977,507
    464287598 ISHARES RUSSELL 1000 430,302 984,070
    464287655 ISHARES RUSSELL 2000 595,071 1,613,207
    532457108 ELI LILLY & CO 41,253 135,900
    548661107 LOWE'S COS INC 19,424 130,791
    577130834 MATTHEWS PACIFIC TIG 900,000 1,201,685
    594918104 MICROSOFT CORP 38,634 566,027
    609207105 MONDELEZ INTERNATION 19,618 59,546
    617446448 MORGAN STANLEY 31,342 149,596
    666807102 NORTHROP GRUMMAN COR    
    713448108 PEPSICO INC 47,358 85,813
    723787107 PIONEER NATURAL RESO 47,912 76,571
    854502101 STANLEY BLACK & DECK    
    882508104 TEXAS INSTRUMENTS IN 56,616 137,583
    907818108 UNION PACIFIC CORP    
    949746101 WELLS FARGO & CO 99,795 137,271
    988498101 YUM] BRANDS INC    
    02079K107 ALPHABET INC-CL C 50,361 329,869
    02079K305 ALPHABET INC-CL A 17,527 141,955
    09062X103 BIOGEN INC 37,523 30,950
    16119P108 CHARTER COMMUNICATIO 21,804 73,673
    20030N101 COMCAST CORP-CLASS A    
    30303M102 META PLATFORMS INC-C 96,356 191,720
    31620M106 FIDELITY NATIONAL IN    
    57636Q104 MASTERCARD INC - A 32,028 157,741
    58933Y105 MERCK & CO. INC.    
    65339F101 NEXTERA ENERGY INC 82,327 144,988
    67103H107 O'REILLY AUTOMOTIVE 38,779 86,866
    91324P102 UNITEDHEALTH GROUP I 18,172 232,491
    92532F100 VERTEX PHARMACEUTICA    
    94106B101 WASTE CONNECTIONS IN 33,297 66,363
    96208T104 WEX INC 48,087 51,102
    H1467J104 CHUBB LTD    
    023135106 AMAZON.COM INC 155,440 430,130
    032654105 ANALOG DEVICES INC 54,255 71,011
    037833100 APPLE INC 5,290 380,000
    060505104 BANK OF AMERICA CORP 18,691 96,588
    48129C603 JPM US LARGE CAP COR 1,968,610 2,460,252
    655844108 NORFOLK SOUTHERN COR 84,355 150,641
    67066G104 NVIDIA CORP 22,315 135,291
    77956H385 T ROWE PRICE NEW ASI 1,003,902 1,574,634
    98956P102 ZIMMER BIOMET HOLDIN    
    025816109 AMERICAN EXPRESS CO 80,824 112,230
    191216100 COCA-COLA CO/THE    
    64110L106 NETFLIX INC 16,328 27,110
    70450Y103 PAYPAL HOLDINGS INC 17,292 38,659
    79466L302 SALESFORCE.COM INC    
    G5494J103 LINDE PLC 84,730 169,751
    G5960L103 MEDTRONIC PLC    
    00287Y109 ABBVIE INC 67,622 117,527
    315911750 FIDELITY 500 INDEX-I 6,900,000 11,858,199
    337738108 FISERV INC 37,092 46,394
    580135101 MCDONALD'S CORP 50,076 62,460
    742718109 PROCTER & GAMBLE CO/    
    N6596X109 NXP SEMICONDUCTORS N 123,039 205,458
    00771X419 GQG PART EMERG MKTS 1,500,000 1,485,899
    007903107 ADVANCED MICRO DEVIC 68,231 100,011
    031100100 AMETEK INC 56,102 74,549
    04314H857 ARTISAN INTL VAL-INS 1,750,000 1,987,272
    09857L108 BOOKING HOLDINGS INC 76,069 105,566
    115233207 BROWN ADV SUSTAIN GR 1,750,000 2,375,407
    461202103 INTUIT INC 43,848 100,342
    461418444 WCM FOCUSED INTL GRO 1,750,000 2,046,472
    512807108 LAM RESEARCH CORP    
    518439104 ESTEE LAUDER COMPANI 43,003 64,045
    693506107 PPG INDUSTRIES INC 51,007 64,837
    75513E101 RAYTHEON TECHNOLOGIE    
    883556102 THERMO FISHER SCIENT 70,788 137,451
    N07059210 ASML HOLDING NV-NY R 18,712 50,953
    20825C104 CONOCOPHILLIPS 39,438 52,980
    22160K105 COSTCO WHOLESALE COR 67,937 78,343
    244199105 DEERE & CO 88,600 86,065
    363576109 ARTHUR J GALLAGHER & 45,530 55,143
    43300A203 HILTON WORLDWIDE HOL 54,254 66,920
    45687V106 INGERSOLL RAND INC C 90,197 111,366
    46120E602 INTUITIVE SURGICAL I 56,135 57,129
    654106103 NIKE INC -CL B 66,270 77,835
    679580100 OLD DOMINION FREIGHT 81,416 100,705
    75886F107 REGENERON PHARMACEUT 56,572 65,047
    78486Q101 SVB FINANCIAL GROUP 53,960 52,903
    808513105 SCHWAB (CHARLES) COR 72,984 104,789
    82509L107 SHOPIFY INC - CLASS 71,709 66,115
    83304A106 SNAP INC - A 53,814 48,676
    98138H101 WORKDAY INC-CLASS A 69,273 67,749
    G29183103 EATON CORP PLC 57,655 75,177
    G6095L109 APTIV PLC 42,020 39,918
    G8994E103 TRANE TECHNOLOGIES P 59,616 78,792

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    139954929 APOLLO EPF II PRIVAT AT COST   45,633
    325691947 CLAYTON, DUBILIER & AT COST   76,619
    382891968 GOLDENTREE OFFSHORE      
    425955911 RIVERSTONE GLOBAL EN AT COST 453,434 207,108
    476499926 J.C. FLOWERS III PRI AT COST   46,543
    510000920 LC ASIA PRIVATE INVE AT COST   150,600
    811711969 STARWOOD SOF IX PRIV AT COST 441,695 238,617
    855711974 STARWOOD SOF VIII PR AT COST 291,347 95,296
    72201P175 PIMCO COMMODITYPL ST AT COST 600,000 220,620
    G82981997 GOLDENTREE OFFSHORE AT COST   37,412
    HFVARAAV3 VARDE CREDIT PARTNER AT COST 750,000 1,086,306
    HEBLAAAK6 BLACKSTONE PARTNERS AT COST 1,099,997 2,118,755
    HECTUACB4 COATUE OFFSHORE FUND      
    HEGTRADR8 GOLDENTREE OFFSHORE AT COST 2,255  
    HEGTRADS6 GOLDENTREE OFFSHORE AT COST 2,193  
    HECTUAJD3 COATUE OFFSHORE FUND AT COST 600,000 3,400,423

    TY 2021 LegalFeesSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES - PRINCIPAL (ALLOCA 546     546
    LEGAL FEES - INCOME (ALLOCABLE 211     211


    TY 2021 OtherAssetsSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    SECURITY DEPOSIT - LEASE   4,912 4,912


    TY 2021 OtherDecreasesSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Description Amount
    2021 TRANSACTIONS POSTED IN 2022 14,496


    TY 2021 OtherExpensesSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INFORMATION TECHNOLOGY SERVICE 8,382 0   8,382
    AT & T 8,152 0   8,152
    FOREFRONT MEMBERSHIP 5,553 0   5,553
    TRAVELERS INSURANCE 400 0   400
    OFFICE IMPROVEMENT 16,080 0   16,080
    HARTFORD INSURANCE 1,787 0   1,787
    PAYROLL PROCESSING FEE 2,240 0   2,240
    TRAVEL EXPENSES 1,074 0   1,074
    MBMD STRATEGIC CONSULTANTS LLC 18,666 0   18,666
    PARTNERSHIP EXPENSE 2,227 2,227   0
    ATTORNEY GENERAL FEE 15 0   15
    ILLINOIS STATE REPORTING FEE 100 0   0


    TY 2021 OtherIncomeSchedule2
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    FEDERAL TAX REFUND 45,292 0  


    TY 2021 OtherIncreasesSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Description Amount
    2020 TRANSACTIONS POSTED IN 2021 7,126
    COST ADJUSTMENT 11


    TY 2021 TaxesSchedule
    Name:
    ELIZABETH MORSE CHARITABLE TRUST XXXXX1008
    EIN:
    36-6999365
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FOREIGN TAXES 885 885   0
    FEDERAL TAX PAYMENT - PRIOR YE 51,647 0   0
    FOREIGN TAXES ON QUALIFIED FOR 7,528 7,528   0
    FOREIGN TAXES ON NONQUALIFIED 4,759 4,759   0