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 08-01-2021 , and ending 07-31-2022
Name of foundation
FULK FAMILY FOUNDATION INC
 
% MARCIA COFFMAN
Number and street (or P.O. box number if mail is not delivered to street address)150 S Wacker Dr SUITE 2400
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL606064211
A Employer identification number

47-0732237
B Telephone number (see instructions)

(312) 236-2208
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$114,170,246J 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) 0
2 Check bullet.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 3,568,149 3,568,149  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 1,576,449
b Gross sales price for all assets on line 6a 928,452
7 Capital gain net income (from Part IV, line 2)... 1,576,449
8 Net short-term capital gain.........  
9 Income modifications........... 891,768
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 42,633 42,633  
12 Total. Add lines 1 through 11........ 5,187,231 5,187,231 891,768
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 1,083,885 216,777   867,108
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule)......... Click to see attachment 47,740 9,548 0 38,192
b Accounting fees (attach schedule)....... Click to see attachment 50,120 25,060 0 25,060
c Other professional fees (attach schedule).... Click to see attachment 44,247 44,247    
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment 110,030 18,723   44,307
19 Depreciation (attach schedule) and depletion... Click to see attachment 361 361  
20 Occupancy.............. 59,155 11,831   47,324
21 Travel, conferences, and meetings....... 7,150 1,430   5,720
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment 166,668 33,334   133,334
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,569,356 361,311 0 1,161,045
25 Contributions, gifts, grants paid....... 66,514,077 66,514,077
26 Total expenses and disbursements. Add lines 24 and 25 68,083,433 361,311 0 67,675,122
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -62,896,202
b Net investment income (if negative, enter -0-) 4,825,920
c Adjusted net income (if negative, enter -0-)... 891,768
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2021)
Form 990-PF (2021)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 13,064,502 30,393,250 30,393,249
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) bullet  
Less: allowance for doubtful accounts bullet        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 157,313,761 Click to see attachment79,341,250 80,200,311
b Investments—corporate stock (attach schedule)....... 1,174,158 Click to see attachment785,022 1,803,600
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet3,094
Less: accumulated depreciation (attach schedule) bullet3,094 361   0
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet) Click to see attachment1,959,508 Click to see attachment988,334 Click to see attachment1,773,086
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 173,512,290 111,507,856 114,170,246
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here bullet
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here bullet
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds 173,512,290 111,507,856
29 Total net assets or fund balances (see instructions)..... 173,512,290 111,507,856
30 Total liabilities and net assets/fund balances (see instructions). 173,512,290 111,507,856
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
173,512,290
2
Enter amount from Part I, line 27a .....................
2
-62,896,202
3
Other increases not included in line 2 (itemize) bulletClick to see attachment
3
891,768
4
Add lines 1, 2, and 3 ..........................
4
111,507,856
5
Decreases not included in line 2 (itemize) bullet
5
 
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
111,507,856
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 BERKSHIRE HTWY   2015-09-22 2022-01-04
b L/T GAIN - PARTNERSHIP      
c S/T GAIN - PARTNERSHIP      
d U.S. TREASURY BILLS      
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 928,452   389,136 539,316
b       884,285
c       3,750
d       149,098
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       539,316
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 1,576,449
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 67,080
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 67,080
6 Credits/Payments:
a 2021 estimated tax payments and 2020 overpayment credited to 2021 6a 76,671
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 25,000
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 101,671
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 34,591
11 Enter the amount of line 10 to be: Credited to 2022 estimated taxBullet34,591 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? Click to see list of attachments....................
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 changesClick to see list of attachments....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.Click to see list of attachments
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, IA, NE
    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 instructionsClick to see attachment.................
    12
    Yes
     
    13
    Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
    13
    Yes
     
    Website addressbulletWWW.FULKFF.ORG
    14
    The books are in care ofbulletMARCIA COFFMAN Telephone no.bullet (312) 236-2208

    Located atbullet150 S WACKER DR SUITE 2400CHICAGOIL ZIP+4bullet606064211
    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)
    Yes
     
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals? .............
    5a(5)
     
    No
    b
    If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
    Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
    5b
     
    No
    c
    .........bullet
    d
    If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
    tax because it maintained expenditure responsibility for the grant? .................
    5d
    Yes
     
    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
    ALICE BRUNNER VICE PRESIDENT
    5.5     		150,000 0 0
    150 S WACKER DRIVE STE 2400
    CHICAGO,IL60606
    MARCIA COFFMAN TREASURER/ADMINISTRATOR
    27.5     		303,885 0 0
    150 S WACKER DRIVE STE 2400
    CHICAGO,IL60606
    N JANE MORRISON PRESIDENT
    21.0     		210,000 0 0
    150 S WACKER DRIVE STE 2400
    CHICAGO,IL60606
    LINDA KRONING SECRETARY
    20.0     		210,000 0 0
    150 S WACKER DRIVE STE 2400
    CHICAGO,IL60606
    RUSSELL BARTMES VICE PRESIDENT
    26.0     		210,000 0 0
    150 S WACKER DRIVE STE 2400
    CHICAGO,IL60606
    2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
    (a) Name and address of each employee paid more than $50,000 (b) Title, and average
    hours per week
    devoted to position     		(c) Compensation (d) Contributions to
    employee benefit
    plans and deferred
    compensation     		(e) Expense account,
    other allowances
     
    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
    FORVIS LLP ACCOUNTING SERVICES 50,120
    1248 O STREET STE 1040
    LINCOLN,NE68508
    FOUNDATION SOURCE ADMIN SUPPORT 129,700
    55 WALLS DR 302
    FAIRFIELD,CT06824
    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 NO PROGRAM RELATED INVESTMENTS  
    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
    119,338,237
    b
    Average of monthly cash balances.......................
    1b
    25,944,144
    c
    Fair market value of all other assets (see instructions)................
    1c
    1,964,767
    d
    Total (add lines 1a, b, and c).........................
    1d
    147,247,148
    e
    Reduction claimed for blockage or other factors reported on lines 1a and
    1c (attach detailed explanation) .............
    1e
     
    2
    Acquisition indebtedness applicable to line 1 assets..................
    2
    0
    3
    Subtract line 2 from line 1d.........................
    3
    147,247,148
    4
    Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
    instructions) .............................
    4
    2,208,707
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. .......
    5
    145,038,441
    6
    Minimum investment return. Enter 5% (0.05) of line 5................
    6
    7,251,922
    Part X
    Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain foreign organizations check here right arrow and do not complete this part.)
    1
    Minimum investment return from Part IX, line 6..................
    1
    7,251,922
    2a
    Tax on investment income for 2021 from Part V, line 5.......
    2a
    67,080
    b
    Income tax for 2021. (This does not include the tax from Part V.) ...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    67,080
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    7,184,842
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    891,768
    5
    Add lines 3 and 4............................
    5
    8,076,610
    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
    8,076,610
    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 8,076,610
    2 Undistributed income, if any, as of the end of 2021:
    a Enter amount for 2020 only....... 0
    b Total for prior years:2019, 2018, 2017 0
    3 Excess distributions carryover, if any, to 2021:
    a From 2016...... 15,130,823
    b From 2017...... 39,377,660
    c From 2018...... 50,446,873
    d From 2019...... 68,707,161
    e From 2020...... 56,164,098
    f Total of lines 3a through e ........ 229,826,615
    4Qualifying distributions for 2021 from Part
    XI, line 4: bullet$ 67,675,122
    a Applied to 2020, but not more than line 2a 0
    b Applied to undistributed income of prior years
    (Election required—see instructions).....     		 
    c Treated as distributions out of corpus (Election
    required—see instructions)........     		 
    d Applied to 2021 distributable amount..... 8,076,610
    e Remaining amount distributed out of corpus 59,598,512
    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 5 289,425,127
    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......     		 
    d Subtract line 6c from line 6b. Taxable amount
    —see instructions ...........     		0
    e Undistributed income for 2019. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............     		0
    f Undistributed income for 2021. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2022 ..........     		0
    7 Amounts treated as distributions out of
    corpus to satisfy requirements imposed by
    section 170(b)(1)(F) or 4942(g)(3) (Election may
    be required - see instructions) .......     		 
    8 Excess distributions carryover from 2016 not
    applied on line 5 or line 7 (see instructions) ...     		15,130,823
    9 Excess distributions carryover to 2022.
    Subtract lines 7 and 8 from line 6a ......     		274,294,304
    10 Analysis of line 9:
    a Excess from 2017.... 39,377,660
    b Excess from 2018.... 50,446,873
    c Excess from 2019.... 68,707,140
    d Excess from 2020.... 56,164,119
    e Excess from 2021.... 59,598,512
    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).)
    FULK FARMS INC
    ROBERT W FULK IRREVOCABLE TRUST
    ROBERT W FULK
    WILMA B FULK
    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 email address of the person to whom applications should be addressed:
    bThe form in which applications should be submitted and information and materials they should include:
    cAny submission deadlines:
    dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
    factors:
    Form 990-PF (2021)
    Form 990-PF (2021)
    Page 11
    Part XIV
    Supplementary Information (continued)
    3 Grants and Contributions Paid During the Year or Approved for Future Payment
    Recipient If recipient is an individual,
    show any relationship to
    any foundation manager
    or substantial contributor
    		 Foundation
    status of
    recipient     		Purpose of grant or
    contribution     		Amount
    Name and address (home or business)
    aPaid during the year
    21ST CENTURY CHARTER SCHOOL AT GARY INC
    556 WASHINGTON ST
    GARY,IN464021915     		NONE PC PEER TUTOR PROGRAM 50,000
    A BETTER CHICAGO
    200 W MADISON ST 3RD FLOOR
    CHICAGO,IL606063412     		NONE PC GENERAL SUPPORT 1,000,000
    ABRAHAM LINCOLN PRESIDENTIAL LIBRARY FOUNDATION
    944 CLOCK TOWER DR STE B
    SPRINGFIELD,IL627046022     		NONE PC ABRAHAM LINCOLN PROJECT 75,000
    ADLER PLANETARIUM
    1300 S DUSABLE LAKESHORE
    CHICAGO,IL60605     		NONE PC DIGITIZATION - AUDIO VISUAL MATERIALS 60,000
    ADLER PLANETARIUM
    1300 S DUSABLE LAKESHORE
    CHICAGO,IL60605     		NONE PC GENERAL SUPPORT 50,000
    ALBANY PARK THEATER PROJECT
    PO BOX 25072
    CHICAGO,IL60625     		NONE PC PORT OF ENTRY 25,000
    AMERICAN DIABETES ASSOCIATION INC
    2451 CRYSTAL DRIVE STE 900
    ARLINGTON,VA22202     		NONE PC CAMP PLANET D 50,000
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY ST
    PHILADELPHIA,PA191021403     		NONE PC GENERAL SUPPORT 100,000
    AMERICAN FRIENDS SERVICE COMMITTEE
    1501 CHERRY ST
    PHILADELPHIA,PA191021403     		NONE PC FELLOWSHIP PROGRAM 200,000
    AMERICAN NATIONAL RED CROSS
    2200 WEST HARRISON STREET
    CHICAGO,IL60612     		NONE PC HURRICANE IDA RELIEF 500,000
    AMERICAN NATIONAL RED CROSS
    2200 WEST HARRISON STREET
    CHICAGO,IL60612     		NONE PC DISASTER RELIEF 250,000
    ANTI-CRUELTY SOCIETY
    157 W GRAND AVE
    CHICAGO,IL606547105     		NONE PC CANINES FOR KINDNESS 35,000
    ART IMPACT PROJECT NFP
    794 OAKWOOD AVE
    LAKE FOREST,IL600451805     		NONE PC GENERAL SUPPORT 10,000
    BARD COLLEGE
    PO BOX 5000
    ANNANDALEONHUDSON,NY125045000     		NONE PC BPI WOMEN'S COLLEGE 750,000
    BEVERLY AREA ARTS ALLIANCE
    10122 S WOOD ST
    CHICAGO,IL606432014     		NONE PC GENERAL SUPPORT 50,000
    BEVERLY ART CENTER
    2407 W 111TH ST
    CHICAGO,IL606551309     		NONE PC GENERAL SUPPORT 30,000
    BOTTOM LINE INC
    500 AMORY ST SUITE 3
    BOSTON,MA021302775     		NONE PC GENERAL SUPPORT 15,000
    BOXING OUT NEGATIVITY INC
    4059 W 21ST ST
    CHICAGO,IL606232809     		NONE PC GENERAL SUPPORT 10,000
    BOYS & GIRLS CLUB OF GREATER NORTHWEST INDIANA INC
    3691 WILLOWCREEK RD STE 200
    PORTAGE,IN463685000     		NONE PC CAPITAL CAMPAIGN 1,000,000
    BOYS & GIRLS CLUB OF GREATER NORTHWEST INDIANA INC
    3691 WILLOWCREEK RD STE 200
    PORTAGE,IN463685000     		NONE PC RENOVATION 100,000
    BROWNVILLE FINE ARTS ASSOCIATION
    PO BOX 4
    BROWNVILLE,NE683210004     		NONE PC GENERAL SUPPORT 10,000
    CALUMET COLLEGE
    2400 NEW YORK AVE
    WHITING,IN463942146     		NONE PC FOOD PANTRY 50,268
    CAMPBELL FOUNDATION
    1400 S GERMANTOWN RD
    GERMANTOWN,TN381382205     		NONE PC GENERAL SUPPORT 50,000
    CENTERPOINTE INC
    2633 P ST
    LINCOLN,NE685033528     		NONE PC HEALTHY MINDS & BODIES 250,000
    CENTERPOINTE INC
    2633 P ST
    LINCOLN,NE685033528     		NONE PC HEALTHY MINDS & BODIES 250,000
    CENTERPOINTE INC
    2633 P ST
    LINCOLN,NE685033528     		NONE PC HEALTHY MINDS & BODIES 500,000
    CHALKBEAT INC
    450 7TH AVE 32ND FL
    NEW YORK,NY10123     		NONE PC GENERAL SUPPORT 250,000
    CHICAGO COALITION TO SAVE OUR MENTAL HEALTH CENTER
    5760 W IRVING PARK RD
    CHICAGO,IL606342623     		NONE PC PROGRAM EXPANSION 250,000
    CHICAGO HORTICULTURAL SOCIETY - CHICAGO BOTANIC GA
    1000 LAKE COOK RD
    GLENCOE,IL60022     		NONE PC GENERAL SUPPORT 50,000
    CHICAGO PUBLIC EDUCATION FUND
    200 W ADAMS ST STE 1175
    CHICAGO,IL606065241     		NONE PC GENERAL SUPPORT 1,000,000
    CHICAGO SHAKESPEARE THEATER
    800 E GRAND AVE
    CHICAGO,IL606115436     		NONE PC TEAM SHAKESPEARE 20,000
    CHICAGO SURVIVORS INC
    1010 W 35TH ST
    CHICAGO,IL606091401     		NONE PC GENERAL SUPPORT 50,000
    CHICAGO YOUTH BOXING CLUB INC
    2300 S MILLARD AVE
    CHICAGO,IL606233109     		NONE PC GENERAL SUPPORT 10,000
    CHILDRENS FIRST FUND THE CHICAGO PUBLIC SCHOOL FOU
    42 W MADISON ST
    CHICAGO,IL606024309     		NONE PC SKYLINE CURRICULUM 100,000
    CITY COLLEGES OF CHICAGO FOUNDATION
    180 N WABASH AVE STE 200
    CHICAGO,IL606013608     		NONE PC CCC STEP PROGRAM 500,000
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 1,097,457
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 1,171,052
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 1,572,563
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 1,207,810
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 653,602
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 590,085
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 533,571
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 449,177
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 1,021,992
    COLLEGE OF LAKE COUNTY FOUNDATION
    19351 W WASHINGTON ST
    GRAYSLAKE,IL600301148     		NONE PC CDL PROG SCHOLARSHIPS 110,000
    COLLEGE OF LAKE COUNTY FOUNDATION
    19351 W WASHINGTON ST
    GRAYSLAKE,IL600301148     		NONE PC URBAN AG FACILITY 1,000,000
    COMMUNITY CONSOLIDATED SCHOOL DISTRICT 21
    999 W DUNDEE RD
    WHEELING,IL60090     		NONE PC HEALTH CLINIC 1,000,000
    CROSSROADS YOUNG MENS CHRISTIAN ASSOCIATION INC
    100 W BURRELL DR
    CROWN POINT,IN463079040     		NONE PC HAMMOND WOODMAR YMCA 250,000
    DEBATE IT FORWARD
    321 WILLOUGHBY WAY W
    MINNETONKA,MN553055377     		NONE PC GENERAL SUPPORT 25,000
    DESIGN MUSEUM OF CHICAGO
    78 E WASHINGTON ST
    CHICAGO,IL606024801     		NONE PC GENERAL SUPPORT 20,000
    DESIGNS FOR DIGNITY
    445 N WELLS ST STE 402
    CHICAGO,IL606544534     		NONE PC GENERAL SUPPORT 10,000
    DIGESTIVE HEALTH FOUNDATION
    676 N ST CLAIR ST 14TH FL
    CHICAGO,IL606112951     		NONE PC PROGRAM SUPPORT 1,000,000
    ENLACE CHICAGO
    2756 S HARDING AVE
    CHICAGO,IL606234407     		NONE PC GENERAL SUPPORT 250,000
    ERIE ELEMENTARY CHARTER SCHOOL
    1405 N WASHTENAW AVE
    CHICAGO,IL606221632     		NONE PC GENERAL SUPPORT 10,000
    ERIKSON INSTITUTE
    451 N LA SALLE DR
    CHICAGO,IL606544510     		NONE PC EDUCATION PROGRAMS 300,000
    ERIKSON INSTITUTE
    451 N LA SALLE DR
    CHICAGO,IL606544510     		NONE PC EDUCATION PROGRAMS 2,200,000
    EXECUTIVE SERVICE CORPS OF CHICAGO
    207 E OHIO ST 212
    CHICAGO,IL60611     		NONE PC GENERAL SUPPORT 80,000
    FAMILY ADVOCATES INC
    1005 MICHIGAN AVE
    LAPORTE,IN463503506     		NONE PC CAPITAL CAMPAIGN 100,000
    FCNL EDUCATION FUND
    245 2ND ST NE
    WASHINGTON,DC200025761     		NONE PC EDUCATION PROGRAMS 250,000
    FOOD BANK OF LINCOLN INC
    4840 DORIS BAIR CIRCLE STE A
    LINCOLN,NE68504     		NONE PC GENERAL SUPPORT 150,000
    FOX LAKE ROTARY CLUB FOUNDATION
    PO BOX 363
    FOX LAKE,IL600200363     		NONE PC KIDS HOLIDAY PARTY 15,000
    FOX LAKE ROTARY CLUB FOUNDATION
    PO BOX 363
    FOX LAKE,IL600200363     		NONE PC KIDS HOLIDAY PARTY 20,000
    GILDAS CLUB CHICAGO
    537 N WELLS ST
    CHICAGO,IL606547113     		NONE PC GENERAL SUPPORT 500,000
    GILDER LEHRMAN INSTITUTE OF AMERICAN HISTORY
    49 WEST 45TH STREET SIXTH FLOOR
    NEW YORK,NY100364603     		NONE PC TEACHER SYMPOSIUM 75,000
    GIRLS IN THE GAME NFP
    DOUGLAS PARK CULTURAL CENTER FIELD
    CHICAGO,IL60623     		NONE PC GENERAL SUPPORT 10,000
    GRANT PARK ORCHESTRAL ASSOCIATION
    205 E RANDOLPH ST
    CHICAGO,IL606016530     		NONE PC ENDOWMENT FUND 1,000,000
    GREATER CHICAGO FOOD DEPOSITORY
    4100 W ANN LURIE PLACE
    CHICAGO,IL606323920     		NONE PC GENERAL SUPPORT 15,000
    HIGHWOOD PUBLIC LIBRARY
    102 HIGHWOOD AVE
    HIGHWOOD,IL60040     		NONE PC CONSTRUCTION PROJECT 300,000
    HOLY CROSS COLLEGE INC
    54515 STATE RD 933 NORTH
    NOTRE DAME,IN46556     		NONE PC EDUCATION PROGRAMS 50,000
    HOMEBOY INDUSTRIES
    130 BRUNO ST
    LOS ANGELES,CA900121815     		NONE PC GENERAL SUPPORT 10,000
    HOPE CHICAGO INC
    303 E WACKER DR STE 2109
    CHICAGO,IL606015312     		NONE PC HOPE CHICAGO PROGRAM 1,000,000
    HOPE CHICAGO INC
    303 E WACKER DR STE 2109
    CHICAGO,IL606015312     		NONE PC HOPE CHICAGO PROGRAM 1,000,000
    HOSPICE OF THE CALUMET AREA INC
    600 SUPERIOR AVE
    MUNSTER,IN463214032     		NONE PC GENERAL SUPPORT 10,000
    HUMBOLDT PARK HEALTH
    1044 N FRANCISCO AVE
    CHICAGO,IL606222743     		NONE PC GENERAL SUPPORT 100,000
    ILLINOIS ACTION FOR CHILDREN
    4753 N BROADWAY ST STE 1200
    CHICAGO,IL606404982     		NONE PC GENERAL SUPPORT 500,000
    IMPACTING VETERANS LIVES INC
    2323 GREEN BAY RD STE B
    NORTH CHICAGO,IL600643062     		NONE PC GENERAL SUPPORT 50,000
    INDEPENDENCE CENTER INC
    2025 WASHINGTON ST
    WAUKEGAN,IL600855131     		NONE PC GENERAL SUPPORT 500,000
    INNER-CITY COMPUTER STARS FOUNDATION
    415 N DEARBORN ST STE 300
    CHICAGO,IL606544698     		NONE PC TRAINING EXPANSION 15,000
    INSTITUTE FOR THE ADVANCEMENT OF JOURNALISTIC CLAR
    PO BOX 228
    PETROLIA,CA95558     		NONE PC GENERAL SUPPORT 50,000
    INTUIT THE CENTER FOR INTUITIVE AND OUTSIDE ART
    OUTSIDER ART 756 N MILWAUKEE AVE
    CHICAGO,IL60642     		NONE PC SUMMER YOUTH PROGRAM 10,000
    IVY TECH FOUNDATION INC
    50 W FALL CREEK PARKWAY NORTH DR
    INDIANAPOLIS,IN462085752     		NONE PC EDUCATION ASSISTANCE 50,000
    IVY TECH FOUNDATION INC
    50 W FALL CREEK PARKWAY NORTH DR
    INDIANAPOLIS,IN462085752     		NONE PC PROGRAM EXPANSION 50,000
    KENTUCKY NATURAL LANDS TRUST INC
    433 CHESTNUT ST
    BEREA,KY404031510     		NONE PC HENDERSON ACQUISITION 437,500
    KIDS FIRST CHICAGO FOR EDUCATION
    21 S CLARK ST STE 4301
    CHICAGO,IL606032022     		NONE PC GENERAL SUPPORT 1,000,000
    LAKE BLUFF OPEN LANDS ASSOCIATION
    PO BOX 449
    LAKE BLUFF,IL600440449     		NONE PC GENERAL SUPPORT 14,500
    LAKE FOREST-LAKE BLUFF SENIOR CITIZENS FOUNDATION
    100 E OLD MILL ROAD
    LAKE BLUFF,IL60044     		NONE PC HALL IMPROVEMENTS 53,000
    LAMBS FARM INC
    PO BOX 520
    LIBERTYVILLE,IL600480520     		NONE PC GENERAL SUPPORT 40,000
    LAUREUS SPORT FOR GOOD FOUNDATION OF AMERICA
    645 FIFTH AVENUE NO 5TH FL
    NEW YORK,NY100225944     		NONE PC GENERAL SUPPORT 10,000
    LEMONS OF LOVE INC
    433 E GOLF RD
    DES PLAINES,IL600162233     		NONE PC GENERAL SUPPORT 25,000
    LIGHTHOUSE
    2601 N ST
    LINCOLN,NE685101334     		NONE PC GENERAL SUPPORT 115,000
    LINCOLN CHILDRENS ZOO
    1222 S 27TH ST
    LINCOLN,NE685021832     		NONE PC CAPITAL ITEMS 500,000
    LINCOLN COMMUNITY PLAYHOUSE INC
    2500 S 56TH ST
    LINCOLN,NE685063503     		NONE PC BOOKS 10,000
    LINCOLN PARK CONSERVANCY
    PO BOX 14703
    CHICAGO,IL60614     		NONE PC PARK IMPROVEMENTS 350,000
    LINCOLN PARK VILLAGE INC
    2502 N CLARK ST
    CHICAGO,IL606141850     		NONE PC GENERAL SUPPORT 200,000
    LYRIC OPERA OF CHICAGO
    20 N WACKER DR STE 860
    CHICAGO,IL606062899     		NONE PC MILLENNIUM PARK CONCERT 2,500,000
    MALONE COMMUNITY CENTER
    2032 U ST
    LINCOLN,NE685032955     		NONE PC GENERAL SUPPORT 50,000
    MALONE COMMUNITY CENTER
    2032 U ST
    LINCOLN,NE685032955     		NONE PC NEW BUILDING 500,000
    MANO A MANO FAMILY RESOURCE CENTER
    6 E MAIN ST
    ROUND LAKE PK,IL600733602     		NONE PC GENERAL SUPPORT 40,000
    MATT TALBOT KITCHEN & OUTREACH INC
    PO BOX 80935
    LINCOLN,NE685010935     		NONE PC GENERAL SUPPORT 150,000
    MEALS ON WHEELS OF NORTHWEST INDIANA INC
    8446 VIRGINIA ST
    MERRILLVILLE,IN464106233     		NONE PC GENERAL SUPPORT 10,000
    MEALS ON WHEELS OF NORTHWEST INDIANA INC
    8446 VIRGINIA ST
    MERRILLVILLE,IN464106233     		NONE PC GENERAL SUPPORT 9,000
    MICHAEL REESE HEALTH TRUST
    150 N WACKER DR STE 2320
    CHICAGO,IL606061608     		NONE PC GENERAL SUPPORT 900,000
    MIDNIGHT CIRCUS IN THE PARKS
    1 S DEARBORN ST
    CHICAGO,IL606032302     		NONE PC 2022 PARKS TOUR 30,000
    MONTGOMERY COUNTY COMMUNITY FOUNDATION INC
    PO BOX 334
    CRAWFORDSVILLE,IN479330334     		NONE PC GENERAL SUPPORT 602,500
    MONTGOMERY COUNTY COMMUNITY FOUNDATION INC
    PO BOX 334
    CRAWFORDSVILLE,IN479330334     		NONE PC LIBRARY IMPROVEMENTS 50,000
    NATIONAL ARBOR DAY FOUNDATION
    211 N 12TH ST SUITE 501
    LINCOLN,NE68508     		NONE PC APPLE HOUSE PROJECT 500,000
    NATIONAL AUDUBON SOCIETY INC
    225 VARICK STREET 7TH FLOOR
    NEW YORK,NY100144396     		NONE PC CALUMET PROJECT 50,000
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC GENERAL SUPPORT 175,000
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC YOUTH FUND 2,000,000
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC DENTAL PROJECT 100,000
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC DENTAL PROJECT 150,000
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC GRANT MATCH 250,000
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC YOUTH ENGAGEMENT FUND 50,000
    NEBRASKA HUMANITIES COUNCIL
    215 CENTENNIAL MALL S STE 330
    LINCOLN,NE685081836     		NONE PC GOVERNOR'S LECTURE 25,000
    NEBRASKA HUMANITIES COUNCIL
    215 CENTENNIAL MALL S STE 330
    LINCOLN,NE685081836     		NONE PC PRIME TIME SUPPORT 40,000
    NEWBERRY CONSORT NFP
    6530 N GREENVIEW AVE
    CHICAGO,IL606265008     		NONE PC GENERAL SUPPORT 350,000
    NICASA NFP
    31979 N FISH LAKE RD
    ROUND LAKE,IL600739517     		NONE PC BLOCK BY BLOCK PROGRAM 50,000
    NICASA NFP
    31979 N FISH LAKE RD
    ROUND LAKE,IL600739517     		NONE PC GENERAL SUPPORT 50,000
    NORTHERN ILLINOIS FOOD BANK
    273 DEARBORN CT
    GENEVA,IL601343587     		NONE PC CENTER IMPROVEMENTS 500,000
    NORTHERN ILLINOIS FOOD BANK
    273 DEARBORN CT
    GENEVA,IL601343587     		NONE PC DISTRIBUTION FACILITY 500,000
    NORTHERN ILLINOIS RECOVERY COMMUNITY ORGANIZATION
    202 S GENESEE ST
    WAUKEGAN,IL600856543     		NONE PC BLOCK BY BLOCK PROGRAM 50,000
    NORTHWESTERN UNIVERSITY
    1201 DAVIS ST THIRD FLOOR
    EVANSTON,IL60208     		NONE PC VENTURE EQUITY CLASS 250,000
    NORTHWESTERN UNIVERSITY
    1201 DAVIS ST THIRD FLOOR
    EVANSTON,IL60208     		NONE PC IVDRS AND SUDORS 230,000
    NORTHWESTERN UNIVERSITY
    1201 DAVIS ST THIRD FLOOR
    EVANSTON,IL60208     		NONE PC IVDRS AND SUDORS 275,000
    ONEGOAL
    180 N WABASH AVE STE 800
    CHICAGO,IL60601     		NONE PC EDUCATIONAL PROGRAM 500,000
    PARTNERSHIP FOR COLLEGE COMPLETION
    200 S MICHIGAN AVE STE 1410
    CHICAGO,IL606042468     		NONE PC GENERAL SUPPORT 500,000
    PLANNED PARENTHOOD OF ILLINOIS
    17 N STATE STREET
    CHICAGO,IL606023315     		NONE PC GENERAL SUPPORT 100,000
    PRESERVATION FOUNDATION OF THE LAKECOUNTY FOREST P
    1899 W WINCHESTER RD
    LIBERTYVILLE,IL600485367     		NONE PC EDUCATION CENTER 2,000,000
    PRESERVATION FOUNDATION OF THE LAKECOUNTY FOREST P
    1899 W WINCHESTER RD
    LIBERTYVILLE,IL600485367     		NONE PC EDUCATION CENTER 200,000
    RECIPE FOR CHANGE
    PO BOX 57
    WINNETKA,IL60093     		NONE PC GENERAL SUPPORT 10,000
    ROUND LAKE CUSD 116
    884 W NIPPERSINK RD
    ROUND LAKE,IL60073     		NONE PC MOUNTAIN TOP PROGRAM 75,000
    SCHOOL OF AMERICAN MUSIC
    14 MAPLE ST
    THREE OAKS,MI491281131     		NONE PC FUTURE FUND 25,000
    SOUTHERN ILLINOIS UNIVERSITY FOUNDATION
    1235 DOUGLAS DR
    CARBONDALE,IL629012591     		NONE PC GENERAL SUPPORT 65,000
    SOUTHERN ILLINOIS UNIVERSITY FOUNDATION
    1235 DOUGLAS DR
    CARBONDALE,IL629012591     		NONE PC SCHOLARSHIP FUND 1,000,000
    ST CATHERINE HOSPITAL INC
    10010 DONALD S POWERS DR
    MUNSTER,IN463214054     		NONE PC SURGICAL SYSTEM 470,000
    ST CATHERINE HOSPITAL INC
    10010 DONALD S POWERS DR
    MUNSTER,IN463214054     		NONE PC CYBERKNIFE S7 1,500,000
    ST JUDE CHILDRENS RESEARCH HOSPITAL INC
    501 ST JUDE PLACE
    MEMPHIS,TN381053678     		NONE PC BIOMEDICAL LIBRARY 100,000
    ST JUDE HOUSE INC
    12490 MARSHALL ST
    CROWN POINT,IN463074856     		NONE PC SECURITY 105,000
    ST JUDE HOUSE INC
    12490 MARSHALL ST
    CROWN POINT,IN463074856     		NONE PC MOBILE ADVOCACY PROGRAM 391,768
    ST JUDE HOUSE INC
    12490 MARSHALL ST
    CROWN POINT,IN463074856     		NONE PC GENERAL SUPPORT 8,232
    SURGE INSTITUTE
    2045 W GRAND AVE STE B PMB 63441
    CHICAGO,IL60612     		NONE PC FELLOWSHIP PROGRAM 15,000
    TABITHA INC
    4720 RANDOLPH ST
    LINCOLN,NE685103741     		NONE PC GENERAL SUPPORT 45,000
    TABITHA INC
    4720 RANDOLPH ST
    LINCOLN,NE685103741     		NONE PC BUILDING CAMPAIGN 5,000,000
    THE BLOC
    1345 N KARLOV AVE
    CHICAGO,IL606511958     		NONE PC GENERAL SUPPORT 10,000
    THE NATIONAL MUSEUM OF PUERTO RICAN ARTS AND CULTU
    3015 W DIVISION ST
    CHICAGO,IL606222739     		NONE PC BUILDING CONSTRUCTION 125,000
    THE NATIONAL MUSEUM OF PUERTO RICAN ARTS AND CULTU
    3015 W DIVISION ST
    CHICAGO,IL606222739     		NONE PC ORCHESTRA EXPENSES 80,000
    THE SALVATION ARMY - MEMPHIS & MID-SOUTH CHAPTER
    696 JACKSON AVE
    MEMPHIS,TN38105     		NONE PC RED KETTLE MATCH 50,000
    UNION LEAGUE BOYS & GIRLS CLUBS
    65 W JACKSON BLVD
    CHICAGO,IL606043507     		NONE PC GENERAL SUPPORT 40,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		NONE PC TMW CENTER 2,800,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		NONE PC ENDOWMENT FUND 2,000,000
    UNIVERSITY OF CHICAGO
    5801 S ELLIS AVE
    CHICAGO,IL60637     		NONE PC ENDOWMENT FUND 1,000,000
    UNIVERSITY OF ILLINOIS FOUNDATION
    PO BOX 734500
    CHICAGO,IL60673     		NONE PC IWERC FUND 1,000,000
    UNIVERSITY OF NEBRASKA FOUNDATION
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		NONE PC NE INNOVATION STUDIO 200,000
    UNIVERSITY OF NEBRASKA FOUNDATION
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		NONE PC UNMC FUND 655,000
    UNIVERSITY OF NEBRASKA FOUNDATION
    1010 LINCOLN MALL STE 300
    LINCOLN,NE68508     		NONE PC PROJECT COSTS 75,000
    URBAN INITIATIVES INC
    650 W LAKE ST STE 340
    CHICAGO,IL606611035     		NONE PC GENERAL SUPPORT 10,000
    WAUKEGAN PARK DISTRICT
    1324 GOLF ROAD
    WAUKEGAN,IL60087     		NONE PC LIBRARY RENOVATION 4,750,000
    WAUKEGAN TO COLLEGE NFP
    410 GRAND AVE
    WAUKEGAN,IL600854227     		NONE PC GENERAL SUPPORT 75,000
    WILLIAM PENN HOUSE
    515 E CAPITOL ST SE
    WASHINGTON,DC200031142     		NONE PC EDUCATIONAL PROGRAM 250,000
    WORKING BIKES
    2434 S WESTERN AVE
    CHICAGO,IL606084723     		NONE PC GENERAL SUPPORT 10,000
    Total .................................bullet 3a 66,514,077
    bApproved for future payment
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 0
    CITY OF CHICAGO
    121 N LASALLE ROOM 700
    CHICAGO,IL60602     		NONE GOV CHICAGO CULTURAL CTR 0
    NEBRASKA COMMUNITY FOUNDATION
    PO BOX 83107
    LINCOLN,NE685013107     		NONE PC FUND FOR CHILDREN AND YOUTH 0
    BOYS & GIRLS CLUBS OF GREATER NORTHWEST INDIANA
    3691 WILLOWCREEK RD STE 200
    PORTAGE,IN463685000     		NONE PC BUILDING RENOVATION 0
    BARD COLLEGE
    PO BOX 5000
    ANNANDALEONHUDSON,NY125045000     		NONE PC BPI WOMEN'S COLLEGE PARTNERSHIP 0
    BOYS & GIRLS CLUBS OF GREATER NORTHWEST INDIANA
    3691 WILLOWCREEK RD STE 200
    PORTAGE,IN463685000     		NONE PC CAPITAL CAMPAIGN 0
    CALUMET COLLEGE OF ST JOSEPH
    2400 NEW YORK AVE
    WHITING,IN463942146     		NONE PC FOOD PANTRY 0
    Total .................................bullet 3b 5,943,589
    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 1,576,449  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory          
    11 Other revenue:
    aPARTNERSHIP INCOME     		    41 42,633  
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e) ..   5,187,231  
    13Total. Add line 12, columns (b), (d), and (e)..................
    13
    5,187,231
    (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:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    ACCOUNTING FEES 50,120 25,060   25,060

    TY 2021 AllOthProgRltdInvestmentsSch
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Category Amount
    NONE  

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

    TY 2021 DepreciationSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Description of Property Date Acquired Cost or Other Basis Prior Years' Depreciation Computation Method Rate /
    Life (# of years)    		 Current Year's Depreciation Expense Net Investment Income Adjusted Net Income Cost of Goods Sold Not Included
    COPIER 2017-02-21 3,094 2,733 SL 5 361 361 361  

    TY 2021 InvestmentsCorpStockSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Name of Stock End of Year Book Value End of Year Fair Market Value
    BERKSHIRE HATHAWAY 778,272 1,803,600
    AD MAKEPEACE CO. 6,750 0

    TY 2021 InvestmentsGovtObligationsSch
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    US Government Securities - End of Year Book Value:

    79,341,250
    US Government Securities - End of Year Fair Market Value:

    80,200,311
    State & Local Government Securities - End of Year Book Value:


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


     


    TY 2021 InvestmentsLandSchedule2
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Category/ Item Cost/Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
    COPIER 3,094 3,094    

    TY 2021 LegalFeesSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    LEGAL FEES 47,740 9,548   38,192


    TY 2021 OtherAssetsSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
    ADM HOLDINGS LLC 6,391 6,391 0
    STONE ARCH CAPITAL II 517,154 340,467 236,211
    CVE-KAUFFMAN 1,275,379 479,790 1,338,528
    PHOENIX VENTURE 20,990 22,278 22,278
    NEW VENTURE PARTNERS IV 139,594 139,408 176,069


    TY 2021 OtherExpensesSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    SUBSCRIPTIONS 1,730 346   1,384
    OFFICE EXPENSE 7,639 1,528   6,111
    COMPUTER EXPENSE 15,570 3,114   12,456
    INSURANCE 7,494 1,499   5,995
    FOUNDATION SOURCE EXPENSE 129,700 25,940   103,760
    POSTAGE 1,767 353   1,414
    REPAIRS & MAINTENANCE 2,763 553   2,210
    MISCELLANEOUS 5 1   4


    TY 2021 OtherIncomeSchedule2
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
    Partnership Income 42,633 42,633  


    TY 2021 OtherIncreasesSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Description Amount
    RETURNED FUNDS FROM GRANT RECIPIENT 891,768


    TY 2021 OtherProfessionalFeesSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    INVESTMENT FEES 44,247 44,247    


    TY 2021 TaxesSchedule
    Name:
    FULK FAMILY FOUNDATION INC
    EIN:
    47-0732237
    Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
    FEDERAL EXCISE TAX 47,000      
    FOREIGN TAXES 7,643 7,643    
    PAYROLL TAXES 55,384 11,077   44,307
    STATE TAXES 3 3