Form990-PF
Click to see attachment
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Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2021
Open to Public Inspection
For calendar year 2021, or tax year beginning 07-01-2021 , and ending 06-30-2022
Name of foundation
ERNEST WENTCHER EDUCATIONAL FUND
 
Number and street (or P.O. box number if mail is not delivered to street address)1000 SKOKIE BLVD SUITE 250
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WILMETTE, IL60091
A Employer identification number

36-4170236
B Telephone number (see instructions)

(847) 410-1990
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$68,468,587J 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) 2,000
2 Check bullet.............
3 Interest on savings and temporary cash investments 211 211 211
4 Dividends and interest from securities... 1,633,734 1,633,734 1,633,734
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment 2,860,414
b Gross sales price for all assets on line 6a 25,687,303
7 Capital gain net income (from Part IV, line 2)... 2,860,414
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).......      
12 Total. Add lines 1 through 11........ 4,496,359 4,494,359 1,633,945
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 110,000 11,000   99,000
14 Other employee salaries and wages...... 227,360 4,578   222,782
15 Pension plans, employee benefits....... 23,877 485   23,392
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment 15,500 7,750   7,750
c Other professional fees (attach schedule).... Click to see attachment 260,235 773   259,462
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 52,300      
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 46,823     46,823
21 Travel, conferences, and meetings....... 1,448     1,448
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 130,982     66,587
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 868,525 24,586   727,244
25 Contributions, gifts, grants paid....... 2,847,760 2,847,760
26 Total expenses and disbursements. Add lines 24 and 25 3,716,285 24,586   3,575,004
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 780,074
b Net investment income (if negative, enter -0-) 4,469,773
c Adjusted net income (if negative, enter -0-)... 1,633,945
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............. 3,205,777 334,661 334,661
2 Savings and temporary cash investments.........   1,669,291 1,669,291
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..........   1,377 1,377
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 31,075,416 Click to see attachment32,397,860 34,926,715
c Investments—corporate bonds (attach schedule)....... 14,950,695 Click to see attachment14,841,751 13,071,113
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 12,902,997 Click to see attachment13,780,529 18,465,430
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 62,134,885 63,025,469 68,468,587
Liabilities 17 Accounts payable and accrued expenses.......... 49,620 55,192
18 Grants payable................. 2,603,983 2,813,941
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet) Click to see attachment277,000 Click to see attachment246,300
23 Total liabilities (add lines 17 through 22)......... 2,930,603 3,115,433
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........... 59,204,282 59,910,036
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 59,204,282 59,910,036
30 Total liabilities and net assets/fund balances (see instructions). 62,134,885 63,025,469
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
59,204,282
2
Enter amount from Part I, line 27a .....................
2
780,074
3
Other increases not included in line 2 (itemize) bullet
3
 
4
Add lines 1, 2, and 3 ..........................
4
59,984,356
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
74,320
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
59,910,036
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.)
1a
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,860,414
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 62,130
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 62,130
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 53,171
b Exempt foreign organizations—tax withheld at source...... 6b  
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 53,171
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment 8 295
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9 9,254
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10  
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet   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 addressbulletWWW.WENTCHERFOUNDATION.ORG
    14
    The books are in care ofbulletCHRIS BROUGHTON Telephone no.bullet (847) 410-1990

    Located atbullet1000 SKOKIE BLVDWILMETTEIL ZIP+4bullet60091
    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
     
     
    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
    CHRIS BROUGHTON EXECUTIVE DI
    40.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    BRIAN FITZPATRICK EXECUTIVE DI
    40.00     		110,000 0 0
    1000 SKOKIE BLVD
    SUITE 250
    WILMETTE,IL60091
    ROBERT WISE VICE PRESIDE
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMITTE,IL60091
    LAURA BORDINE SECRETARY
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    DAN WILLIAMS TREASURER
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    ROBERT SLAY BOARD MEMBER
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    LUCY TUCK BOARD MEMBER
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    LAURA FARR BOARD MEMBER
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    RICHARD HELMHOLZ BOARD MEMBER
    1.00     		0 0 0
    1000 SKOKIE BLVD
    WILMETTE,IL60091
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
    NONE
    Total number of other employees paid over $50,000...................bullet  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 7
    Part VII
    Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
    and Contractors (continued)
    3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
    (a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
    NONE
    Total number of others receiving over $50,000 for professional services.............bullet  
    Part VIII-A
    Summary of Direct Charitable Activities
    List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
    1  
    2  
    3  
    4  
    Part VIII-B
    Summary of Program-Related Investments (see instructions)
    Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
    1 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
    73,847,037
    b
    Average of monthly cash balances.......................
    1b
    2,241,191
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    76,088,228
    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
     
    3
    Subtract line 2 from line 1d.........................
    3
    76,088,228
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    1,141,323
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    74,946,905
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    3,747,345
    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
    3,747,345
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    62,130
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    62,130
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    3,685,215
    4
    Recoveries of amounts treated as qualifying distributions................
    4
     
    5
    Add lines 3 and 4............................
    5
    3,685,215
    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
    3,685,215
    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 3,685,215
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only.......  
    b Total for prior years:20, 20, 20  
    3 Excess distributions carryover, if any, to 2021:
    a From 2016......  
    b From 2017......  
    c From 2018......  
    d From 2019......  
    e From 2020......  
    f Total of lines 3a through e ........  
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 3,575,004
    a Applied to 2020, but not more than line 2a  
    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..... 3,575,004
    e Remaining amount distributed out of corpus  
    5 Excess distributions carryover applied to 2021.    
    (If an amount appears in column (d), the
    same amount must be shown in column (a).)
    6Enter the net total of each column as
    indicated below:
    a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5  
    b Prior years’ undistributed income. Subtract
    line 4b from line 2b ..........     		 
    c Enter the amount of prior years’ undistributed
    income for which a notice of deficiency has
    been issued, or on which the section 4942(a)
    tax has been previously assessed......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		 
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		 
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		110,211
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		 
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		 
    10 Analysis of line 9:
    a Excess from 2017....  
    b Excess from 2018....  
    c Excess from 2019....  
    d Excess from 2020....  
    e Excess from 2021....  
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 10
    Part XIII
    Private Operating Foundations (see instructions and Part VI-A, question 9)
    1a If the foundation has received a ruling or determination letter that it is a private operating
    foundation, and the ruling is effective for 2021, enter the date of the ruling ....... bullet
     
    b Check box to indicate whether the organization is a private operating foundation described in section or
    2a Enter the lesser of the adjusted net
    income from Part I or the minimum
    investment return from Part X for each
    year listed ..........     		Tax year Prior 3 years (e) Total
    (a) 2021 (b) 2020 (c) 2019 (d) 2018
             
    b 85% (0.85) of line 2a .........          
    c Qualifying distributions from Part XI,
    line 4 for each year listed .....     		         
    d Amounts included in line 2c not used directly
    for active conduct of exempt activities ..........     		         
    e Qualifying distributions made directly
    for active conduct of exempt activities.
    Subtract line 2d from line 2c ....     		         
    3 Complete 3a, b, or c for the
    alternative test relied upon:
    a “Assets" alternative test—enter:
    (1) Value of all assets ......          
    (2) Value of assets qualifying
    under section 4942(j)(3)(B)(i)    		          
    b “Endowment" alternative test— enter 2/3
    of minimum investment return shown in
    Part IX, line 6 for each year listed ..     		         
    c “Support" alternative test—enter:
    (1) Total support other than gross
    investment income (interest,
    dividends, rents, payments
    on securities loans (section
    512(a)(5)), or royalties) ....     		         
    (2) Support from general public
    and 5 or more exempt
    organizations as provided in
    section 4942(j)(3)(B)(iii)....     		         
    (3) Largest amount of support
    from an exempt organization    		          
    (4) Gross investment income          
    Part XIV
    Supplementary Information (Complete this part only if the foundation had $5,000 or more in
    assets at any time during the year—see instructions.)
    1Information Regarding Foundation Managers:
    aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
    before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
    bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
    ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
    2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
    Check here bullet
    aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
    CHRIS BROUGHTON
    1000 SKOKIE BLVD 250
    WILMETTE,IL60091
    (847) 410-1990
    CHRIS@WENTCHERFOUNDATION.ORG
    bThe form in which applications should be submitted and information and materials they should include:
    OCC POST GRADUATE PROGRAM - FAFSA ELIGIBLE, AN APPLICATION, OCC TRANSCRIPT, TEACHER RECOMMENDATIONS AND AN ESSAY ARE REQUIRED. CHICAGO PUBLIC SCHOOLS - FAFSA ELIGIBLE, AN APPLICATION, HIGH SCHOOL TRANSCRIPT, TEACHER AND COUNSELOR RECOMMENDATIONS, AN ESSAY AND A STUDENT AID REPORT ARE REQUIRED.
    cAny submission deadlines:
    SPRING OF EACH YEAR
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    SUCCESSFUL OAKTON COMMUNITY COLLEGE WENTCHER SCHOLAR GRADUATES, FAFSA-ELIGIBLE STUDENTS. CHICAGO PUBLIC SCHOOLS SENIORS, FASFA-ELIGIBLE
    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
    AGNES SCOTT COLLEGE
    141 E COLLEGE AVENUE
    DECATUR,GA30330     		NONE PC EDUCATION 5,000
    AMERICAN UNIVERSITY
    4400 MASSACHUSETTS AVE NW
    WASHINGTON,DC20016     		NONE PC EDUCATION 17,580
    AUGUSTANA COLLEGE
    639 38TH ST
    ROCK ISLAND,IL61201     		NONE PC EDUCATION 10,000
    BARD COLLEGE
    30 CAMPUS RD
    ANNANDALEONHUDSON,NY12504     		NONE PC EDUCATION 10,000
    BARNARD COLLEGE
    3009 BROADWAY
    NEW YORK,NY10027     		NONE PC EDUCATION 6,000
    BATES COLLEGE
    44 MOUNTAIN AVE
    LEWISTON,ME04240     		NONE PC EDUCATION 7,600
    BAYLOR UNIVERSITY
    ONE BEAR PLACE 97048
    WACO,TX76798     		NONE PC EDUCATION 10,000
    BOB JONES UNIVERSITY
    1700 WADE HAMPTON BLVD
    GREENVILLE,SC29614     		NONE PC EDUCATION 4,968
    BOSTON UNIVERSITY
    881 COMMONWEALTH AVE
    BOSTON,MA02215     		NONE PC EDUCATION 20,429
    BOWDOIN COLLEGE
    5420 COLLEGE STATION
    BRUNSWICK,ME04011     		NONE PC EDUCATION 9,100
    BRADLEY UNIVERSITY
    1501 W BRADLEY AVE
    PEORIA,IL61625     		NONE PC EDUCATION 10,000
    BROWN UNIV
    164 ANGELL ST 2ND FL BO
    PROVIDENCE,RI02912     		NONE PC EDUCATION 8,775
    CAL POLYTECHNIC STATE UNIVERSITY
    SCHOLARSHIPS ADMINISTRATI
    SAN LUIS OBISPO,CA93407     		NONE PC EDUCATION 10,000
    CARLETON COLLEGE
    1 N COLLEGE ST
    NORTHFIELD,MN55057     		NONE PC EDUCATION 10,000
    COLGATE UNIVERSITY
    13 OAK DRIVE
    HAMILTON,NY13346     		NONE PC EDUCATION 4,350
    COLLEGE OF DUPAGE
    425 FAWELL BLVD
    GLEN ELLYN,IL60137     		NONE PC EDUCATION 414
    COLORADO COLLEGE
    14 E CACHE LA POUDRE ST
    COLORADO SPRINGS,CO80903     		NONE PC EDUCATION 10,000
    COLORADO STATE UNIVERSITY
    1065 CAMPUS DELIVERY
    FT COLLINS,CO80523     		NONE PC EDUCATION 10,000
    COLUMBIA COLLEGE
    600 S MICHIGAN AVE STE 3
    CHICAGO,IL60605     		NONE PC EDUCATION 20,000
    COLUMBIA UNIV
    1130 AMSTERDAM AVENUE
    NEW YORK,NY10027     		NONE PC EDUCATION 16,640
    CONNECTICUT COLLEGE
    LARRABEE ANNEX
    NEW LONDON,CT06320     		NONE PC EDUCATION 29,998
    CORNELL UNIV
    410 THURSTON AVE
    ITHACA,NY14850     		NONE PC EDUCATION 103,980
    DARTMOUTH COLLEGE
    100 TUCK HALL
    HANOVER,NH03755     		NONE PC EDUCATION 13,327
    DENISON UNIVERSITY
    PO BOX 810
    GRANVILLE,OH43023     		NONE PC EDUCATION 8,000
    DEPAUL UNIV
    1 E JACKSON BLVD STE 91
    CHICAGO,IL60604     		NONE PC EDUCATION 130,000
    DEPAUW UNIVERSITY
    204 E SEMINARY ST
    GREENCASTLE,IN46135     		NONE PC EDUCATION 22,500
    DOMINICAN UNIV
    7900 W DIVISION ST
    RIVER FOREST,IL60305     		NONE PC EDUCATION 10,000
    DRAKE UNIVERSITY
    2507 UNIVERSITY AVE
    DES MOINES,IA50311     		NONE PC EDUCATION 1,000
    DUKE UNIV
    BOX 90759
    DURHAM,NC27708     		NONE PC EDUCATION 7,200
    ELMHURST UNIVERSITY
    190 PROSPECT AVE
    ELMHURST,IL60126     		NONE PC EDUCATION 20,000
    EMBRY-RIDDLE AERONAUTICAL UNIVERSIT
    1 AEROSPACE BLVD
    DAYTONA BEACH,FL32114     		NONE PC EDUCATION 10,000
    EMERSON COLLEGE
    120 BOYLSTON ST
    BOSTON,MA02116     		NONE PC EDUCATION 10,000
    EMORY UNIV
    200 DOWMAN DRIVE SUITE 3
    ATLANTA,GA30322     		NONE PC EDUCATION 67,745
    FERRIS STATE UNIVERSITY
    1201 S STATE ST
    BIG RAPIDS,MI49307     		NONE PC EDUCATION 10,000
    FISK UNIVERSITY
    1000 17TH AVENUE N
    NASHVILLE,TN37208     		NONE PC EDUCATION 10,000
    FLORIDA A&M UNIVERSITY
    CONTROLLERS OFFICE FHAC
    TALLAHASSEE,FL32307     		NONE PC EDUCATION 10,000
    FLORIDA MEMORIAL UNIV
    15800 NW 42ND AVE
    MIAMI GARDENS,FL33054     		NONE PC EDUCATION 10,000
    FLORIDA STATE UNIV
    A1500 UNIVERSITY CENTER
    TALLAHASSEE,FL32306     		NONE PC EDUCATION 10,000
    FRANKLIN & MARSHALL COLLEGE
    PO BOX 3003
    LANCASTER,PA17603     		NONE PC EDUCATION 10,000
    GEORGE WASHINGTON UNIVERSITY
    45155 RESEARCH PLACE ROO
    ASHBURN,VA20147     		NONE PC EDUCATION 40,000
    GEORGETOWN UNIVERSITY
    3700 O STREET
    WASHINGTON,DC20057     		NONE PC EDUCATION 36,346
    GOVORNOR'S STATE UNIV
    1 UNIVERSITY PKWY
    UNIVERSITY PARK,IL60484     		NONE PC EDUCATION 1,383
    HAMPTON UNIVERSITY
    100 E QUEEN TYLER ST
    HAMPTON,VA23668     		NONE PC EDUCATION 10,000
    HAROLD WASHINGTON COLLEGE
    30 E LAKE ST
    CHICAGO,IL60601     		NONE PC EDUCATION 934
    HARVARD UNIVERSITY
    1350 MASSACHUSETTS AVE S
    CAMBRIDGE,MA02138     		NONE PC EDUCATION 13,200
    HOWARD UNIVERSITY
    2400 SIXTH ST NW
    WASHINGTON,DC20059     		NONE PC EDUCATION 70,000
    IIT
    10 W 33RD ST PERLSTEIN H
    CHICAGO,IL60616     		NONE PC EDUCATION 78,336
    ILLINOIS STATE UNIVERSITY
    FINANCIAL AID OFFICE CAM
    NORMAL,IL61790     		NONE PC EDUCATION 32,426
    KENYON COLLEGE
    EDELSTEIN HOUSE
    GAMBIER,OH43022     		NONE PC EDUCATION 10,000
    KNOX COLLEGE
    OFC OF FINANCIAL AID K234
    GALESBURG,IL61401     		NONE PC EDUCATION 16,667
    LAKE FOREST COLLEGE
    555 NORTH SHERIDAN ROAD
    LAKE FOREST,IL60045     		NONE PC EDUCATION 11,400
    LAWRENCE UNIVERSITY
    711 E BOLDT WAY
    APPLETON,WI54911     		NONE PC EDUCATION 10,000
    LOYOLA UNIVERSITY
    1032 W SHERIDAN RD
    CHICAGO,IL60660     		NONE PC EDUCATION 56,650
    LUTHER COLLEGE
    700 COLLEGE DR
    DECORAH,IA52101     		NONE PC EDUCATION 10,000
    MIT
    77 MASSACHUSETTS AVE RM
    CAMBRIDGE,MA02139     		NONE PC EDUCATION 19,289
    MACALESTER COLLEGE
    1600 GRAND AVE
    ST PAUL,MN55105     		NONE PC EDUCATION 10,000
    MARQUETTE UNIVERSITY
    PO BOX 1881
    MILWAUKEE,WI53201     		NONE PC EDUCATION 10,000
    MD INSTITUTE COLLEGE OF ART
    1300 W MOUNT ROYAL AVE
    BALTIMORE,MD21217     		NONE PC EDUCATION 10,000
    MIDDLEBURY COLLEGE
    84 SOUTH SERVICE ROAD
    MIDDLEBURY,VT05753     		NONE PC EDUCATION 26,100
    MILWAUKEE SCHOOL OF ENGINEERING
    1025 N BROADWAY
    MILWAUKEE,WI53202     		NONE PC EDUCATION 10,000
    MOREHOUSE COLLEGE
    830 WESTVIEW DR
    ATLANTA,GA30314     		NONE PC EDUCATION 26,577
    MURRAY STATE UNIVERSITY
    200 SPARKS HALL
    MURRAY,KY42071     		NONE PC EDUCATION 10,000
    NEW YORK UNIVERSITY
    25 W FOURTH ST 1ST FL
    NEW YORK,NY10012     		NONE PC EDUCATION 20,000
    NORTH CAROLINA A&T STATE UNIVERSITY
    1601 E MARKET ST
    GREENSBORO,NC27411     		NONE PC EDUCATION 10,000
    NORTH PARK UNIVERSITY
    3225 W FOSTER AVE
    CHICAGO,IL60625     		NONE PC EDUCATION 17,720
    NORTHERN IL UNIVERSITY
    231 N ANNIE GLIDDEN RD
    DEKALB,IL60115     		NONE PC EDUCATION 21,400
    NORTHWESTERN UNIVERSITY
    1801 HINMAN AVENUE
    EVANSTON,IL60208     		NONE PC EDUCATION 74,146
    OAKTON COMM COLLEGE
    1600 GOLF RD
    DES PLAINES,IL60016     		NONE PC EDUCATION 67,715
    OBERLIN COLLEGE
    52 W LORAIN ST ROOM 123
    OBERLIN,OH44074     		NONE PC EDUCATION 18,400
    OCCIDENTAL COLLEGE
    1600 CAMPUS ROAD F-35
    LOS ANGELES,CA90041     		NONE PC EDUCATION 21,100
    OHIO NORTHERN UNIV
    525 S MAIN ST
    ADA,OH45810     		NONE PC EDUCATION 10,000
    OHIO UNIVERSITY
    1 OHIO UNIVERSITY
    ATHENS,OH45701     		NONE PC EDUCATION 10,000
    POMONA COLLEGE
    333 N COLLEGE WAY
    CLAREMONT,CA91711     		NONE PC EDUCATION 5,000
    PRINCETON UNIVERSITY
    PO BOX 591
    PRINCETON,NJ08542     		NONE PC EDUCATION 1,750
    PURDUE UNIVERSITY
    610 PURDUE MALL
    W LAFAYETTE,IN47907     		NONE PC EDUCATION 10,000
    SCHOOL OF THE ART INSTITUTE OF CHIC
    36 S WABASH AVE STE 1200
    CHICAGO,IL60603     		NONE PC EDUCATION 31,000
    SKIDMORE COLLEGE
    STARBUCK CENTER
    SARATOGA SPRINGS,NY12866     		NONE PC EDUCATION 10,000
    SMITH COLLEGE
    10 ELM ST
    NORTHAMPTON,MA01063     		NONE PC EDUCATION 15,751
    SO ILLINOIS UNIV
    1263 LINCOLN DRIVESTUDEN
    CARBONDALE,IL62901     		NONE PC EDUCATION 18,091
    SO ILLINOIS UNIV
    2308 RENDLEMAN HALLCAMPU
    EDWARDSVILLE,IL62026     		NONE PC EDUCATION 9,703
    SOKA UNIVERSITY
    1 UNIVERSITY DRIVE
    ALISO VIEJO,CA92656     		NONE PC EDUCATION 3,846
    SPELMAN COLLEGE
    350 SPELMAN LN SW BOX 77
    ATLANTA,GA30314     		NONE PC EDUCATION 14,187
    ST OLAF COLLEGE
    1520 ST OLAF AVE
    NORTHFIELD,MN55057     		NONE PC EDUCATION 30,000
    STANFORD UNIVERSITY
    355 GALVEZ ST
    STANFORD,CA94305     		NONE PC EDUCATION 34,468
    SWARTHMORE COLLEGE
    500 COLLEGE AVE
    SWARTHMORE,PA19081     		NONE PC EDUCATION 3,794
    SYRACUSE UNIVERSITY
    200 BOWNE HALL
    SYRACUSE,NY13244     		NONE PC EDUCATION 20,000
    TRINITY COLLEGE
    300 SUMMIT STREET
    HARTFORD,CT06106     		NONE PC EDUCATION 8,515
    TUFTS UNIVERSITY
    DOWLING HALL 419 BOSTON
    MEDFORD,MA02155     		NONE PC EDUCATION 19,200
    UNIV OF CHICAGO
    1115 E 58TH STREET
    CHICAGO,IL60637     		NONE PC EDUCATION 23,975
    UNIV OF ILLINOIS
    1200 W HARRISON ST 1800
    CHICAGO,IL60607     		NONE PC EDUCATION 155,277
    UNIV OF ILLINOIS
    620 EAST JOHN STREET - MC
    CHAMPAIGN,IL61820     		NONE PC EDUCATION 343,164
    UNIV OF MINNESOTA - TWIN CITIES
    106 PLEASANT ST SE FISCA
    MINNEAPOLIS,MN55455     		NONE PC EDUCATION 10,000
    UNIV OF MISSOURI
    11 JESSE HALL
    COLUMBIA,MO65211     		NONE PC EDUCATION 20,000
    UNIV OF NOTRE DAME
    115 MAIN BUILDING
    NOTRE DAME,IN46556     		NONE PC EDUCATION 35,250
    UNIV OF PA
    3451 WALNUT ST 100 FRANK
    PHILADELPHIA,PA19104     		NONE PC EDUCATION 13,000
    UNIV OF PITTSBURGH
    139 UNIVERSITY PLACE
    PITTSBURGH,PA15260     		NONE PC EDUCATION 17,665
    UNIV OF ROCHESTER
    330 MELIORA HALL
    ROCHESTER,NY14627     		NONE PC EDUCATION 11,400
    UNIV OF SAN FRANCISCO
    2130 FULTON ST
    SAN FRANCISCO,CA94117     		NONE PC EDUCATION 10,000
    UNIV OF SOUTHERN CALIFORNIA
    700 CHILDS WAY
    LOS ANGELES,CA90089     		NONE PC EDUCATION 78,734
    UNIV OF WISCONSIN
    333 EAST CAMPUS MALL 105
    MADISON,WI53715     		NONE PC EDUCATION 111,834
    UNIV OF WISCONSIN - STEVENS POINT
    1108 FREMONT ST
    STEVENS PT,WI54481     		NONE PC EDUCATION 10,000
    UNIVERSITY OF ALABAMA
    106 STUDENT SERVICES CTR
    TUSCALOOSA,AL35487     		NONE PC EDUCATION 10,000
    UNIVERSITY OF DAYTON
    300 COLLEGE PARK
    DAYTON,OH45469     		NONE PC EDUCATION 5,000
    UNIVERSITY OF MIAMI
    PO BOX 025551
    ARLINGTON,TX76019     		NONE PC EDUCATION 11,000
    UNIVERSITY OF MICHIGAN
    515 E JEFFERSON
    ANN ARBOR,MI48109     		NONE PC EDUCATION 165,682
    UNIVERSITY OF TEXAS-ARLINGTON
    701 S NEDDERMAN DRIVE
    ARLINGTON,TX76019     		NONE PC EDUCATION 10,000
    UNIVERSITY OF WYOMING
    1000 E UNIVERSITY AVE
    LARAMIE,WY82071     		NONE PC EDUCATION 1,750
    VANDERBILT UNIVERSITY
    2201 WEST END AVE
    NASHVVILLE,TN37235     		NONE PC EDUCATION 14,110
    VILLANOVA UNIVERSITY
    800 LANCASTER AVE
    VILLANOVA,PA19085     		NONE PC EDUCATION 9,925
    WAKE FOREST UNIVERSITY
    PO BOX 7246
    WINSTONSALEM,NC27109     		NONE PC EDUCATION 10,000
    WASHINGTON UNIVERSITY
    ONE BROOKINGS DR
    ST LOUIS,MO63130     		NONE PC EDUCATION 25,000
    WESLEYAN UNIVERSITY
    237 HIGH STREET
    MIDDLETOWN,CT06459     		NONE PC EDUCATION 6,564
    WILBUR WRIGHT COLLEGE
    4300 N NARRAGANSETT AVE
    CHICAGO,IL60634     		NONE PC EDUCATION 730
    XAVIER UNIV OF LA
    BOX 121 1 DREXEL DRIVE
    NEW ORLEANS,LA70125     		NONE PC EDUCATION 10,000
    UNIVERSITY OF NEBRASKA
    1400 R STREET
    LINCOLN,NE68588     		NONE PC EDUCATION 1,000
    Total .................................bullet 3a 2,840,760
    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 ...........     		    14 211  
    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 2,860,414  
    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) ..   4,494,359  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    4,494,359
    (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:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING AND AUDIT 15,500 7,750   7,750

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

    TY 2021 GainLossSaleOtherAssetsSch
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
    SALE OF SECURITIES   PURCHASE     25,687,303 22,826,889     2,860,414  

    TY 2021 InvestmentsCorpBondsSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Name of Bond End of Year Book Value End of Year Fair Market Value
    ARTISAN HIGH INCOME FD ADV 764,165 684,224
    BAIRD AGGREGATE BOND INS 3,902,905 3,428,576
    BLACKROCK STRATEGIC INCOME 4,656,608 4,300,148
    METROPOLITAN WEST TOTAL 3,862,784 3,402,243
    PGIM GLOBAL TOTAL RETURN 1,655,289 1,255,922

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Name of Stock End of Year Book Value End of Year Fair Market Value
    DODGE & COX INTERNATIONAL STOCK 5,134,885 5,339,604
    FIDELITY REAL ESTATE    
    GQG PARTNERS EMERGING MARKETS 2,224,523 2,394,562
    PIMCO STOCKPLUS SMALL I 1,743,254 1,520,364
    VANGUARD LARGE CAP INDEX FUND 15,299,414 17,851,317
    DWS RREEF REAL ASSETS 3,568,088 3,483,172
    PIMCO RAE EMERGING MARKETS 2,193,938 2,336,421
    COHEN & STEERS INSTL REA 2,233,758 2,001,275

    TY 2021 InvestmentsOtherSchedule2
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
    WELLINGTON CTF INT'L QUALITY GROWTH AT COST 3,582,664 4,542,328
    WELLINGTON CTF SC OPPS AT COST 1,239,072 1,594,552
    WEATHERLOW OFFSHORE FUND I LTD AT COST 2,620,000 3,749,142
    IRONWOOD INT'L LTD AT COST 2,640,000 3,919,596
    FS EQUITY PARTNERS VII PL AT COST 621,119 1,012,513
    TRUEBRIDGE CAPITAL PARTNERS FUND VI AT COST 793,134 1,187,551
    KINGSWOOD CAPITAL OPPORTUNITIES FUND AT COST 360,347 785,440
    PG4 CAPITAL PARTNERS I-A LP AT COST 392,531 244,681
    QUESTA CAPITAL PARTNERS II AT COST 650,000 694,163
    CENTANA GROWTH PARTNERS II LP AT COST 229,617 188,325
    SER CAPITAL AT COST 129,110 107,446
    NEW STATE CAPITAL AT COST 186,793 82,582
    WINDROSE HEALTH INVESTORS AT COST 106,142 103,253
    CORNELL CAPITAL AT COST 230,000 253,858

    TY 2021 OtherDecreasesSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Description Amount
    UNREALIZED LOSS 74,320


    TY 2021 OtherExpensesSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    EXPENSES        
    OFFICE 9,988     9,988
    DUES AND SUBSCRIPTIONS 2,654     2,654
    INSURANCE 3,464     3,464
    INFORMATION TECHNOLOGY 24,462     24,462
    RISE PROGRAM DIRECT COSTS 26,019     26,019
    ADVERTISING AND PROMOTION 8,163      
    MEALS AND ENTERTAINMENT 82      
    25TH ANNIVERSARY 56,150      


    TY 2021 OtherLiabilitiesSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Description Beginning of Year - Book Value End of Year - Book Value
    DEFERRED FEDERAL EXCISE TAX PAYABLE 242,300 242,300
    FEDERAL EXCISE TAX PAYABLE 34,700 4,000


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    PAYROLL PROCESSING 1,546 773   773
    PROGRAM ADMINISTRATION 2,144     2,144
    INVESTMENT FEES 182,505     182,505
    COMMUNICATIONS CONSULTANTS 39,823     39,823
    ALUMNI RELATIONS CONSULTANTS 27,927     27,927
    INTERVIEWS AND ANNUAL CELEBRATIO 6,290     6,290


    TY 2021 ReasonableCauseExplanation
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Explanation:
    ADDITIONAL TIME WAS REQUIRED TO PREPARE A COMPLETE AND ACCURATE RETURN.

    TY 2021 TaxesSchedule
    Name:
    ERNEST WENTCHER EDUCATIONAL FUND
    EIN:
    36-4170236
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL TAXES 52,300