Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2022
Open to Public Inspection
For calendar year 2022, or tax year beginning 01-01-2022 , and ending 12-31-2022
Name of foundation
IMC CHICAGO CHARITABLE FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)233 S WACKER DRIVE STE 4300
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60606
A Employer identification number

26-1416954
B Telephone number (see instructions)

(312) 244-3300
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$34,474,508J 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) 18,380,359
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 904,001 897,920  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 60,019
b Gross sales price for all assets on line 6a 4,107,285
7 Capital gain net income (from Part IV, line 2)... 60,019
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........ 19,344,379 957,939  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
123,856 102,358   21,498
17 Interest...............   30,086    
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
43,260 14,130   30
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
255,663 0   131,201
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 422,779 146,574   152,729
25 Contributions, gifts, grants paid....... 10,654,578 10,654,578
26 Total expenses and disbursements. Add lines 24 and 25 11,077,357 146,574   10,807,307
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 8,267,022
b Net investment income (if negative, enter -0-) 811,365
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2022)
Form 990-PF (2022)
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......... 1,149,507 1,365,630 1,365,630
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
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) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 0 Click to see attachment
List of Attached Documents:
// Content
13,220,812 		12,119,596
b Investments—corporate stock (attach schedule)....... 5,713,962 Click to see attachment
List of Attached Documents:
// Content
3,985,815 		5,014,315
c Investments—corporate bonds (attach schedule)....... 17,038,152 Click to see attachment
List of Attached Documents:
// Content
9,631,600 		8,671,479
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 1,853,733 Click to see attachment
List of Attached Documents:
// Content
6,158,552 		6,144,418
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
1,125,809 		Click to see attachment
List of Attached Documents:
// Content
1,159,070 		Click to see attachment
List of Attached Documents:
// Content
1,159,070
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 26,881,163 35,521,479 34,474,508
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 right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
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 right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 26,701,163 35,341,479
27 Paid-in or capital surplus, or land, bldg., and equipment fund 180,000 180,000
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 26,881,163 35,521,479
30 Total liabilities and net assets/fund balances (see instructions). 26,881,163 35,521,479
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
26,881,163
2
Enter amount from Part I, line 27a .....................
2
8,267,022
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
373,294
4
Add lines 1, 2, and 3 ..........................
4
35,521,479
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
35,521,479
Form 990-PF (2022)
Form 990-PF (2022)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES P    
b CAPITAL GAIN DISTRIBUTIONS P    
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 4,107,285   4,073,065 34,220
b 25,799     25,799
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       34,220
b       25,799
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 60,019
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 (2022)
Form 990-PF (2022)
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 right arrow 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) 1 11,278
b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations enter 4% (0.04) of Part I, line 12, col. (b)
2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 2 0
3 Add lines 1 and 2........................... 3 11,278
4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only. Others enter -0-) 4 0
5 Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ..... 5 11,278
6 Credits/Payments:
a 2022 estimated tax payments and 2021 overpayment credited to 2022 6a 17,440
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld ........... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 22,440
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2221 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 11,162
11 Enter the amount of line 10 to be: Credited to 2023 estimated taxright arrow11,162 Refundedright arrow 11 0
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
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:
round bullet By language in the governing instrument, or
round bullet 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)
right arrowIL
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 2022 or the taxable year beginning in 2022? 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 (2022)
Form 990-PF (2022)
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 addressright arrowN/A
14
The books are in care ofright arrowIMC CHICAGO CHARITABLE FOUNDATION Telephone no.right arrow (312) 244-3300

Located atright arrow233 S WACKER DRIVE STE 4300CHICAGOIL ZIP+4right arrow60606
15
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 —check here .........right arrow
and enter the amount of tax-exempt interest received or accrued during the year ........right arrow
15
 
16 At any time during calendar year 2022, 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 right arrow
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
Yes
 
(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
Yes
 
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
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 2022? .............
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 2022, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2022?....................
2a
 
No
If "Yes," list the years right arrow20, 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.
right arrow20, 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 2022 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 2022.) .....................
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 2022? ..
4b
 
No
Form 990-PF (2022)
Form 990-PF (2022)
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
Organizations relying on a current notice regarding disaster assistance check .........right arrow
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). Click to see attachment
List of Attached Documents:
// Content
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
LISA WIERSMA DIRECTOR, FOUNDATION MANAG
35.00 		75,000 17,817 0
233 S WACKER DRIVE SUITE 4300
CHICAGO,IL60606
ADAM ARENTS VICE PRESIDENT
40.00 		100,000 37,065 0
233 S WACKER DRIVE SUITE 4300
CHICAGO,IL60606
OSIAS LILIAN TREASURER, DIRECTOR
1.00 		0 0 0
233 S WACKER DRIVE SUITE 4300
CHICAGO,IL60606
ANDREW LARSE DIRECTOR
1.00 		0 0 0
4724 SEELEY AVE
DOWNERS GROVE,IL60515
PAUL JIGANTI DIRECTOR
1.00 		0 0 0
233 S WACKER DRIVE SUITE 4300
CHICAGO,IL60606
SUNDEEP KHIANI DIRECTOR
1.00 		0 0 0
233 S WACKER DRIVE SUITE 4300
CHICAGO,IL60606
ANDREW STEVENS DIRECTOR
1.00 		0 0 0
233 S WACKER DRIVE SUITE 4300
CHICAGO,IL60606
ROBERT LEV ASSISTANT SECRETARY
1.00 		0 0 0
233 S WACKER DRIVE SUITE 4300
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
ANDREA BREWSTER EMPLOYEE ENGAGEMENT
40.00 		95,000 17,817 0
233 S WACKER DRIVE STE 4300
CHICAGO,IL60606
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2022)
Form 990-PF (2022)
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
GOLDMAN SACHS & CO LLC INVESTMENT MANAGEMENT FEES 102,353
25 BRITISH AMERICAN BOULEVARD
LATHAM,NY12110
Total number of others receiving over $50,000 for professional services.............right arrow0
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 SUPPLIES PURCHASED AND DONATED TO SCHOOLS AND YOUTH DEVELOPMENT NONPROFITS 14,468
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 BENEFIT CHICAGO IS MOBILIZING $33,261 IN IMPACT INVESTMENTS TO FINANCE THE GROWTH OF IMPACT ENTERPRISES THROUGHOUT THE CHICAGO REGION TO : BUILD WEALTH, CREATE JOBS, AND ENHANCE JOB READINESS. IMC CHICAGO CHARITABLE FOUNDATION MADE AN IMPACT INVESTMENT TO SUPPORT THIS INITIATIVE. 33,261
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow33,261
Form 990-PF (2022)
Form 990-PF (2022)
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
32,141,874
b
Average of monthly cash balances.......................
1b
1,879,384
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
34,021,258
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
34,021,258
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
510,319
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
33,510,939
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,675,547
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
1,675,547
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
11,278
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
11,278
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,664,269
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,664,269
6
Deduction from distributable amount (see instructions).................
6
0
7
Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1 ...
7
1,664,269
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
10,807,307
b
Program-related investments—total from Part VIII-B..................
1b
33,261
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
10,840,568
Form 990-PF (2022)
Form 990-PF (2022)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2021 		(c)
2021 		(d)
2022
1 Distributable amount for 2022 from Part X, line 7 1,664,269
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2021 only....... 0
b Total for prior years:20, 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2017...... 4,250,409
b From 2018...... 2,843,322
c From 2019...... 3,916,801
d From 2020...... 13,157,446
e From 2021...... 8,802,045
f Total of lines 3a through e ........ 32,970,023
4Qualifying distributions for 2022 from Part
XI, line 4: right arrow$ 10,840,568
a Applied to 2021, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2022 distributable amount..... 1,664,269
e Remaining amount distributed out of corpus 9,176,299
5 Excess distributions carryover applied to 2022. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 42,146,322
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2021. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2022. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2023 .......... 		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) ....... 		0
8 Excess distributions carryover from 2017 not
applied on line 5 or line 7 (see instructions) ... 		4,250,409
9 Excess distributions carryover to 2023.
Subtract lines 7 and 8 from line 6a ...... 		37,895,913
10 Analysis of line 9:
a Excess from 2018.... 2,843,322
b Excess from 2019.... 3,916,801
c Excess from 2020.... 13,157,446
d Excess from 2021.... 8,802,045
e Excess from 2022.... 9,176,299
Form 990-PF (2022)
Form 990-PF (2022)
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 2022, enter the date of the ruling ...... right arrow
 
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 IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2022 (b) 2021 (c) 2020 (d) 2019
         
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 right arrow
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 (2022)
Form 990-PF (2022)
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

AMERICAN ONLINE GIVING FOUNDATION

40 EAST MAIN STREET SUITE 887
NEWARK,DE19711 		NONE PC DISBURSED TO PUBLIC CHARITIES VIA BENEVITY GRANTS PLATFORM 8,442,074

ROOM TO READ

465 CALIFORNIA STREET SUITE 1000
SAN FRANCISCO,CA94104 		NONE PC EDUCATION 965,666

RAZOM INC

140 2ND AVE SUITE 305
NEW YORK,NY10003 		NONE PC GENERAL 100,000

LELEKA FOUNDATION

380 N HAMILTON AVE NUM 291
PALO ALTO,CA94302 		NONE PC GENERAL 100,000

LIBERATION JOURNEYS

12739 HIGHLAND AVE
BLUE ISLAND,IL60406 		NONE PC EDUCATION 75,000

PIE FOR PROVIDERS LTD

4813 N SEELEY AVE
CHICAGO,IL60625 		NONE PC GENERAL 50,000

DONORSCHOOSE

134 WEST 37TH ST FLOOR 11
NEW YORK,NY10018 		NONE PC EDUCATION 30,395

EQUITICITY

1956 S HAMLIN AVE 3
CHICAGO,IL60623 		NONE PC GENERAL 25,000

ST JUDE CHILDREN'S RESEARCH HOSPITAL

501 ST JUDE PLACE
MEMPHIS,TN38105 		NONE PC GENERAL 16,755

MOVEMBER FOUNDATION

PO BOX 2040
SANTA MONICA,CA90406 		NONE PC GENERAL 14,934

UKRAINIAN CONGRESS COMMITTEE OF AMERICA

203 2ND AVE
NEW YORK,NY100035706 		NONE PC GENERAL 12,402

RELAY IOWA INC

6750 WESTOWN PKWY STE 200
WEST DES MOINES,IA50266 		NONE PC GENERAL 10,000

NOURISHING HOPE

1716 W HUBBARD ST
CHICAGO,IL60622 		NONE PC GENERAL 10,527

FRIENDS OF STONE ACADEMY

6239 N LEAVITT
CHICAGO,IL60659 		NONE PC EDUCATION 10,385

PROJECT VISION INC

236 W 22ND PLACE UNIT 1
CHICAGO,IL60616 		NONE PC EDUCATION 8,953

BEST BUDDIES INTERNATIONAL

100 SE 2ND STREET SUITE 2200
MIAMI,FL33131 		NONE PC GENERAL 8,000

US ASSOCIATION FOR UNHCR (UN REFUGEE AGENCY)

1310 L ST NW
WASHINGTON,DC20005 		NONE PC GENERAL 7,000

STRIDES FOR PEACE

200 WEST MADISON 3RD FLOOR
CHICAGO,IL60606 		NONE PC GENERAL 5,100

CROSSROADS FUND

3411 W DIVERSEY AVE STE 20
CHICAGO,IL60647 		NONE PC GENERAL 5,000

DEPAUL UNIVERSITY

1 E JACKSON BLVD
CHICAGO,IL60604 		NONE PC GENERAL 5,000

SHIRLEY RYAN ABILITYLAB

355 E ERIE STREET
CHICAGO,IL60611 		NONE PC GENERAL 4,212

DANA-FARBER CANCER INSTITUTE

10 BROOKLINE PLACE WEST 6TH FL
BROOKLINE,MA02445 		NONE PC GENERAL 3,967

TGIMOVEMENT

6430 S CAMPBELL AVE
CHICAGO,IL60629 		NONE PC GENERAL 3,000

EMBARC

PO BOX 221450
CHICAGO,IL60622 		NONE PC EDUCATION 2,900

UNITED WAY OF METROPOLITAN CHICAGO

560 W LAKE ST
CHICAGO,IL606611420 		NONE PC GENERAL 2,768

GIRLS ON THE RUN CHICAGO INC

1415 N DAYTON STE 112
CHICAGO,IL60642 		NONE PC GENERAL 2,736

AMERICAN CANCER SOCIETY

250 WILLIAMS STREET
NW ATLANTA,GA30303 		NONE PC GENERAL 2,725

TRUE STAR FOUNDATION INC

1130 SOUTH WABASH
CHICAGO,IL60605 		NONE PC GENERAL 2,685

BIG BASEBALL ACADEMY

4425 S WESTERN BLVD
CHICAGO,IL60609 		NONE PC GENERAL 2,500

PAWS CHICAGO

1997 N CLYBOURN AVE
CHICAGO,IL60614 		NONE PC GENERAL 2,132

CODE NATION

85 BROAD STREET 17TH FLOOR
NEW YORK,NY10004 		NONE PC GENERAL 2,125

TAP CANCER OUT INC

1974 CAROLINA PL SUITE 104
FORT MILL,SC29708 		NONE PC GENERAL 2,076

RONALD MCDONALD HOUSE CHARITIES GLOBAL INC

110 N CARPENTER STREET
CHICAGO,IL606072101 		NONE PC GENERAL 2,000

FRIENDS OF WHITNEY M YOUNG HIGH SCHOOL

211 S LAFLIN ST
CHICAGO,IL606075305 		NONE PC EDUCATION 1,500

CHILDREN'S MIRACLE NETWORK

205 WEST 700 SOUTH
SALT LAKE CITY,UT84101 		NONE PC GENERAL 1,500

CHILDRENS ONCOLOGY SERVICES INC

213 WEST INSTITUTE PLACE SUITE 306
CHICAGO,IL60610 		NONE PC GENERAL 1,300

BLESSED SACRAMENT YOUTH CENTER

3600 W CERMAK RD
CHICAGO,IL60623 		NONE PC GENERAL 1,040

AUTISM SCIENCE FOUNDATION

3 CONTINENTAL ROAD
SCARSDALE,NY10583 		NONE PC GENERAL 1,030

OAK PARK ELEMENTARY SCHOOL DISTRICT 97

260 MADISON ST
OAK PARK,IL60302 		NONE PC EDUCATION 1,000

RIVER FOREST YOUTH SOCCER LTD

PO BOX 5276
RIVER FOREST,IL603055276 		NONE PC GENERAL 650

UNICEF USA

125 MAIDEN LANE
NEW YORK,NY100384912 		NONE PC GENERAL 628

PANCREATIC CANCER ACTION NETWORK

1500 ROSECRANS AVE SUITE 200
MANHATTAN BEACH,CA90266 		NONE PC GENERAL 618

THE TREVOR PROJECT

PO BOX 69232
WEST HOLLYWOOD,CA90069 		NONE PC GENERAL 510

GIRLS INC OF CHICAGO

2212 S MICHIGAN AVE SUITE 210
CHICAGO,IL606162103 		NONE PC GENERAL 510

UNITED HELP UKRAINE

PO BOX 83426
GAITHERSBURG,MD20883 		NONE PC GENERAL 500

FIRST (FOR INSPIRATION AND RECOGNITION OF SCIENCE AND TECHNOLOGY)

200 BEDFORD STREET
MANCHESTER,NH031011132 		NONE PC EDUCATION 500

CHICAGO YOUTH CENTERS

218 S WABASH AVENUE SUITE 510
CHICAGO,IL60604 		NONE PC GENERAL 500

CHICAGO CHESS FOUNDATION

1707 N FAIRFIELD AVE UNIT 2
CHICAGO,IL60647 		NONE PC GENERAL 500

AMERICAN UNIVERSITY

4400 MASSACHUSETTS AVENUE NW
WASHINGTON,DC20016 		NONE PC GENERAL 500

AGAINST MALARIA FOUNDATION

310 W 20TH ST STE 300
KANSAS CITY,MO64108 		NONE PC GENERAL 500

RONALD MCDONALD HOUSE CHARITIES OF CHICAGOLAND & NORTHWEST INDIANA

PO BOX 7002
HINES,IL60141 		NONE PC GENERAL 400

MCDERMOTT CENTER

932 W WASHINGTON
CHICAGO,IL606072217 		NONE PC GENERAL 375

WILLIAMS SYNDROME ASSOCIATIONINC

507 KIRTS BLVD STE 116
TROY,MI48084 		NONE PC GENERAL 300

GENEVA COMMUNITY UNIT SCHOOL DISTRICT 304

227 N FOURTH ST
GENEVA,IL60134 		NONE GOV EDUCATION 283

ESOPHAGEAL CANCER AWARENESS ASSOCIATION INC

PO BOX 55071
BOSTON,MA02205 		NONE PC GENERAL 250

TEAM BRIGHT SIDE INC

2064 NORFORK RD
NORTHFIELD,IL60093 		NONE PC GENERAL 213

PELOTONIA

450 W BROAD ST
COLUMBUS,OH432152311 		NONE PC GENERAL 206

THE EDUCATORS COMMUNITY

314 W 101ST PL
CHICAGO,IL60628 		NONE PC GENERAL 200

CURE JM FOUNDATION

19309 WINMEADE DRIVE SUITE 204
LEESBURG,VA20176 		NONE PC GENERAL 155

CITY CLUB OF CHICAGO

400 N MICHIGAN AVE STE 1018
CHICAGO,IL60611 		NONE PC GENERAL 120

GAY MEN'S HEALTH CRISIS (GMHC)

307 WEST 38TH STREET FRNT 3
NEW YORK,NY10018 		NONE PC GENERAL 106

DARE2TRI PARATRIATHLON CLUB

516 N OGDEN AVE 172
CHICAGO,IL60642 		NONE PC GENERAL 104

CHILDREN'S HOSPITAL COLORADO FOUNDATION

13123 E 16TH AVE BOX 045
AURORA,CO800457106 		NONE PC GENERAL 104

SPECIAL CHILDRENS CHARITIES

2 E 8TH STREET
CHICAGO,IL60605 		NONE PC GENERAL 103

MEMORIAL SLOAN KETTERING CANCER CENTER

1275 YORK AVENUE
NEW YORK,NY10065 		NONE PC GENERAL 100

112 EDUCATION FOUNDATION

1936 GREEN BAY RD
HIGHLAND PARK,IL600353112 		NONE PC GENERAL 52

SWIM ACROSS AMERICA INC

8508 PARK ROAD 389
CHARLOTTE,NC28210 		NONE PC GENERAL 52

1 IN 7B FOUNDATION

162 WALNUT RUN RD
LANDENBERG,PA19350 		NONE PC GENERAL 52

PETS ARE WONDERFUL SUPPORT INCPAWS NY

134 W 29TH STREET SUITE 802
NEW YORK,NY10001 		NONE PC GENERAL 50

NORTH BARRINGTON ELEMENTARY

24175 N GRANDVIEW DR
NORTH BARRINGTON,IL60010 		NONE GOV EDUCATION 50

UNIVERSITY OF CHICAGO

5235 SOUTH HARPER COURT 4TH FLOOR
CHICAGO,IL60615 		NONE PC GENERAL 200,000

THE CHICAGO COMMUNITY TRUST

33 S STATE STREET SUITE 750 225 N
MICHIGAN 2200
CHICAGO,IL60603 		NONE PC GENERAL 500,000
Total .................................right arrow 3a 10,654,578
bApproved for future payment

CHILDREN FIRST FUND THE CHICAGO PUBLIC SCHOOL FOUNDATION
42 WEST MADISON STREET
CHICAGO,IL60602 		NONE PC EDUCATION 3,101

CULINARY CARE
1 EAST ERIE ST
CHICAGO,IL60611 		NONE PC GENERAL 1,609

OPPORTUNITY KNOCKS
8020 MADISON STREET
RIVER FOREST,IL60305 		NONE PC GENERAL 51

URBAN INITIATIVES INC
650 W LAKE ST STE 340
CHICAGO,IL606611035 		NONE PC GENERAL 1,600,000

UCAN
3605 W FILLMORE
CHICAGO,IL60624 		NONE PC GENERAL 100,000

TFK CHICAGO VOYAGERS
318 N ELMWOOD LN
PALATINE,IL60067 		NONE PC GENERAL 120,000

SCHOOLHOUSE WORLD INC
3790 EL CAMINO REAL UNIT 544
PALO ALTO,CA943063314 		NONE PC GENERAL 1,000,000

ROOM TO READ
465 CALIFORNIA STREET SUITE 1000
SAN FRANCISCO,CA94104 		NONE PC EDUCATION 965,666

PLAYWORKS
1423 BROADWAY PMB 161 1423 BROADWAY
PMB 161
OAKLAND,CA94612 		NONE PC GENERAL 50,000

ONWARD NEIGHBORHOOD HOUSE
5413 W DIVERSEY AVE
CHICAGO,IL60639 		NONE PC GENERAL 120,000

NEW LIFE CENTERS OF CHICAGOLAND NFP
4101 W 51ST ST
CHICAGO,IL606324287 		NONE PC GENERAL 840,000

MODERN CLASSROOMS PROJECT INC
15 14TH ST SE
WASHINGTON,DC200031512 		NONE PC EDUCATION 35,000

MIKVA CHALLENGE GRANT FOUNDATION INC
200 S MICHIGAN AVE STE 1000
CHICAGO,IL606044406 		NONE PC EDUCATION 120,000

MARILLAC ST VINCENT FAMILY SERVICES
PO BOX 14699
CHICAGO,IL606148521 		NONE PC GENERAL 120,000

HEALTHY SCHOOLS CAMPAIGN
2545 W DIVERSEY AVE STE 214
CHICAGO,IL60647 		NONE PC GENERAL 700,000

GRAY MATTER EXPERIENCE
1011 WEST 19TH STREET 3R
CHICAGO,IL60608 		NONE PC GENERAL 75,000

ERIE NEIGHBORHOOD HOUSE
1701 W SUPERIOR ST
CHICAGO,IL606225646 		NONE PC GENERAL 120,000

CONCORDIA PLACE
3300 N WHIPPLE ST
CHICAGO,IL606185718 		NONE PC GENERAL 150,000

COMIC RELIEF USA
28 LIBERTY ST 35TH FL
NEW YORK,NY10005 		NONE PC GENERAL 200,000

CHRISTOPHER HOUSE
1611 W DIVISION ST APT 207
CHICAGO,IL606221201 		NONE PC GENERAL 200,000

CHILDREN FIRST FUND THE CHICAGO PUBLIC SCHOOL FOUNDATION
42 WEST MADISON STREET
CHICAGO,IL60602 		NONE PC EDUCATION 100,000

CHICAGO RUN
3611 N KEDZIE
CHICAGO,IL60618 		NONE PC GENERAL 150,000

CHICAGO PUBLIC EDUCATION FUND
200 W ADAMS STREET SUITE 1175
CHICAGO,IL606065208 		NONE PC EDUCATION 2,500,000

CATALYST SCHOOLS
6727 S CALIFORNIA AVE
CHICAGO,IL606291816 		NONE PC EDUCATION 50,000

ADVANCE ILLINOIS NFP
303 E WACKER DR SUITE 1925
CHICAGO,IL606010010 		NONE PC EDUCATION 140,000

UNIVERSITY OF CHICAGO
5235 SOUTH HARPER COURT 4TH FLOOR
CHICAGO,IL60615 		NONE PC GENERAL 200,000

THE CHICAGO COMMUNITY TRUST
33 S STATE STREET SUITE 750 225 N
MICHIGAN 2200
CHICAGO,IL60603 		NONE PC GENERAL 500,000
Total ................................. right arrow 3b 10,160,427
Form 990-PF (2022)
Form 990-PF (2022)
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 ....     14 904,001  
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 60,019  
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) .. 0 964,020 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
964,020
(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 (2022)
Form 990-PF (2022)
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.
right arrow right arrow
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 Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2022)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description
Schedule B
(Form 990)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

Arrow Bullet Attach to Form 990, 990-EZ, or 990-PF.
Arrow Bullet Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
2022
Name of the organization
IMC CHICAGO CHARITABLE FOUNDATION
 
Employer identification number

26-1416954
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ






Form 990-PF




Check if your organization is covered by the General Rule or a Special Rule.  
Note: Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
Special Rules
......... Arrow Bullet $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (2022)
Schedule B (Form 990) (2022) Page 2
Name of organization
IMC CHICAGO CHARITABLE FOUNDATION
  		Employer identification number
26-1416954
Part I
Contributors
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
IMC CHICAGO LLC
 
233 S WACKER DRIVE
 
CHICAGO, IL60606

$ 18,380,359


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 3
Name of organization
IMC CHICAGO CHARITABLE FOUNDATION
  		Employer identification number

26-1416954
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (2022)
Schedule B (Form 990) (2022)
Page 4
Name of organization
IMC CHICAGO CHARITABLE FOUNDATION
  		Employer identification number

26-1416954
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c)(7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) Arrow Bullet$  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (2022)
Additional Data


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TY 2022 ExpenditureResponsibilityStmt
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Grantee's Name Grantee's Address Grant Date Grant Amount Grant Purpose Amount Expended By Grantee Any Diversion By Grantee? Dates of Reports By Grantee Date of Verification Results of Verification
MUNDO DE TALENTOS
  		CALLE GUADALUPE VICTORIA 13
INTERIOR 5 BARRIO LA
SAN CRISTOBAL DE LAS CASAS,CHIAPASCP 29260
MX 		2021-11-01 75,000 TO SUPPORT CAREER AWARENESS PROGRAMMING FOR CHILDREN IN CHIAPAS, MEXICO 75,000 NONE 04/29/2022   N/A

TY 2022 InvestmentsCorpBondsSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Name of Bond End of Year Book Value End of Year Fair Market Value
EATON VANCE INCOME FUND OF BOSTON (ICE BOFA MERRILL LYNCH US HIGH YIELD MAST 1,702,272 1,582,598
THE BANK OF NEW YORK MELLON CO MTN 2.2% 08/16/2023 USD SR LIEN NEXT CALL DT 74,870 73,838
TRANSCANADA PIPELINES LIMITED 3.75% 10/16/2023 USD SR LIEN NEXT CALL DT. 07 182,599 173,196
STRYKER CORP 0.6% 12/01/2023 USD SR LIEN S&P BBB+ /MOODY'S BAA1 109,904 105,643
CANADIAN NATL RESOURCES 3.8% 04/15/2024 USD SR LIEN NEXT CALL DT. 01 15 24 70,220 63,719
TARGET CORPORATION 3.5% 07/01/2024 USD SR LIEN S&P A /MOODY'S A2 205,554 195,968
AIR LEASE CORP 4.25% 09/15/2024 USD SR LIEN NEXT CALL DT. 06 15 24 S&P BBB 104,009 97,884
NORTHROP GRUMMAN CORPORATION 2.93% 01/15/2025 USD SR LIEN NEXT CALL DT. 11 148,815 143,960
BANK OF AMERICA CORPORATION MTN 4.0% 01/22/2025 USD SUB LIEN S&P BBB+ /MOOD 131,990 117,518
ORACLE CORPORATION 2.95% 05/15/2025 USD SR LIEN NEXT CALL DT. 02 15 25 S&P 133,744 118,660
XCEL ENERGY INC 3.3% 06/01/2025 USD SR LIEN NEXT CALL DT. 12 01 24 S&P BBB+ 135,230 120,090
REYNOLDS AMERICAN INC 4.45% 06/12/2025 USD SR LIEN NEXT CALL DT. 03 12 25 S 139,191 122,354
CATERPILLAR FINL SERVICE MTN 0.8% 11/13/2025 USD SR LIEN S&P A /MOODY'S A2 139,822 125,693
CITIGROUP INC. 3.7% 01/12/2026 USD SR LIEN SETUP 21701141 S&P BBB+ /MOODY'S 74,900 72,211
CBS CORPORATION 4.0% 01/15/2026 USD SR LIEN NEXT CALL DT. 10 15 25 S&P BBB 75,938 71,921
TYCO ELECTRONICS GROUP S 3.7% 02/15/2026 USD SR LIEN NEXT CALL DT. 11 15 25 49,879 48,158
COMCAST CORP 3.15% 03/01/2026 USD SR LIEN NEXT CALL DT. 12 01 25 S&P A- /MO 154,292 142,974
BERKSHIRE HATHAWAY INC. 3.125% 03/15/2026 USD SR LIEN NEXT CALL DT. 12 15 2 74,930 71,950
JPMORGAN CHASE & CO 3.3% 04/01/2026 USD SR LIEN NEXT CALL DT. 01 01 26 S&P 174,792 166,061
DELL INT LLC / EMC CORP 6.02% 06/15/2026 USD SR LIEN NEXT CALL DT. 03 15 26 131,701 127,798
UNILEVER CAPITAL CORPORATION 2.0% 07/28/2026 USD SR LIEN S&P A+ /MOODY'S A1 98,417 91,246
PUBLIC SERVICE ELECTRIC MTN 2.25% 09/15/2026 USD SR LIEN NEXT CALL DT. 06 1 187,346 181,866
BANCO SANTANDER, S.A. 4.25% 04/11/2027 USD SR LIEN S&P A- /MOODY'S BAA1 224,884 190,054
WELLS FARGO & COMPANY HYBRID MTN 06/17/2027 USD SR LIEN CPN 06/17/19 3.196% 148,423 125,180
REALTY INCOME CORP 3.95% 08/15/2027 USD SR LIEN NEXT CALL DT. 05 15 27 S&P 105,633 90,709
CITIGROUP INC. HYBRID 01/10/2028 USD SR LIEN CPN 01/10/17 3.887% NEXT CALL 62,858 51,488
BANK OF AMERICA CORP HYBRID MTN 01/20/2028 USD SR LIEN CPN 01/20/17 3.824% 158,829 130,773
CSX CORP 3.8% 03/01/2028 USD SR LIEN NEXT CALL DT. 12 01 27 S&P BBB+ /MOODY 106,442 90,787
FIFTH THIRD BANCORP 3.95% 03/14/2028 USD SR LIEN NEXT CALL DT. 02 14 28 S&P 92,117 85,324
JPMORGAN CHASE & CO. HYBRID 05/01/2028 USD SR LIEN CPN 04/25/17 3.54% NEXT 104,257 87,879
DIGITAL REALTY TRUST, INC. 4.45% 07/15/2028 USD SR LIEN NEXT CALL DT. 04 15 132,214 119,369
BANK OF MONTREAL HYBRID 10/05/2028 USD SUB LIEN CPN 10/05/18 4.338% NEXT CA 244,411 220,518
SANTANDER UK GROUP HOLDINGS PL HYBRID 11/03/2028 USD SR LIEN CPN 11/03/17 3 322,144 302,595
EMERSON ELECTRIC CO. 2.0% 12/21/2028 USD SR LIEN NEXT CALL DT. 10 21 28 S&P 204,295 188,162
MPLX LP 4.8% 02/15/2029 USD SR LIEN NEXT CALL DT. 11 15 28 S&P BBB /MOODY'S 111,971 99,773
HOME DEPOT, INC (THE) 2.95% 06/15/2029 USD SR LIEN NEXT CALL DT. 03 15 29 S 142,155 131,559
WALT DISNEY COMPANY (THE) 2.0% 09/01/2029 USD SR LIEN NEXT CALL DT. 06 01 2 163,230 149,650
PRUDENTIAL FINANCIAL INC MTN 2.1% 03/10/2030 USD SR LIEN NEXT CALL DT. 12 1 174,561 145,437
NORTHERN TRUST CORPORATION 1.95% 05/01/2030 USD SR LIEN NEXT CALL DT. 02 01 109,817 110,420
GLOBAL PAYMENTS INC 2.9% 05/15/2030 USD SR LIEN NEXT CALL DT. 02 15 30 S&P 114,624 94,581
AUTONATION INC 4.75% 06/01/2030 USD SR LIEN NEXT CALL DT. 03 01 30 S&P BBB- 57,445 56,363
GENERAL MOTORS FINANCIAL COMPA 3.6% 06/21/2030 USD SR LIEN NEXT CALL DT. 03 125,080 110,603
NETAPP, INC. 2.7% 06/22/2030 USD SR LIEN NEXT CALL DT. 03 22 30 S&P BBB+ /M 150,867 123,506
BRISTOL-MYERS SQUIBB CO 1.45% 11/13/2030 USD SR LIEN NEXT CALL DT. 08 13 30 214,641 170,130
VERIZON COMMUNICATIONS, INC. 1.75% 01/20/2031 USD SR LIEN NEXT CALL DT. 10 129,409 101,186
CITIGROUP INC. HYBRID 01/29/2031 USD SR LIEN CPN 01/29/20 2.666% NEXT CALL 30,000 24,675
KINDER MORGAN INC 2.0% 02/15/2031 USD SR LIEN NEXT CALL DT. 11 15 30 S&P BB 90,341 73,810
SPIRIT REALTY LP 3.2% 02/15/2031 USD SR LIEN NEXT CALL DT. 11 15 30 S&P BBB 103,952 84,058
WASTE MANAGEMENT INC 1.5% 03/15/2031 USD SR LIEN NEXT CALL DT. 12 15 30 S&P 49,882 39,208
MIZUHO FINANCIAL GROUP, INC. HYBRID 07/10/2031 USD SR LIEN CPN 07/10/20 2.2 200,000 156,590
AT&T INC. 2.25% 02/01/2032 USD SR LIEN NEXT CALL DT. 11 01 31 S&P BBB /MOOD 114,792 90,476
MORGAN STANLEY HYBRID MTN 02/13/2032 USD SR LIEN CPN 11/13/20 1.794% NEXT C 120,000 90,486
NXP BV/NXP FDG/NXP USA 2.65% 02/15/2032 USD SER WI SR LIEN NEXT CALL DT. 11 73,605 73,822
ING GROEP N.V. HYBRID 04/01/2032 USD SR LIEN CPN 04/01/21 2.727% NEXT CALL 184,245 160,659
CAPITAL ONE FINANCIAL CORPORAT HYBRID 07/29/2032 USD SUB LIEN CPN 07/29/21 149,297 124,852
HSBC HOLDINGS PLC HYBRID 11/22/2032 USD SR LIEN CPN 11/22/21 2.871% NEXT CA 156,517 154,268
DOMINION RESOURCES, INC. 5.25% 08/01/2033 SER F SR LIEN S&P BBB /MOODY'S BA 114,753 100,439
FEDEX CORPORATION 4.9% 01/15/2034 USD SR LIEN S&P BBB /MOODY'S BAA2 184,216 168,892
KINDER MORGAN ENERGY PRTNRS LP 5.8% 03/15/2035 SR LIEN S&P BBB /MOODY'S BAA 89,843 89,238
THE J. M. SMUCKER COMPANY 4.25% 03/15/2035 USD SER WI SR LIEN S&P BBB /MOOD 90,056 88,867
QUALCOMM INC. 4.65% 05/20/2035 USD SR LIEN NEXT CALL DT. 11 20 34 S&P A /MO 90,323 90,683
SKYWORKS SOLUTIONS, INC. 3.0% 06/01/2031 USD SR LIEN NEXT CALL DT. 03 01 31 89,056 69,104

TY 2022 InvestmentsCorpStockSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES RUSSELL 2000 SMALL-CAP INDEX FUND K SHARES (BDBKX) 611,036 618,001
ISHARES S&P 500 INDEX FUND CLASS G (BSPGX) 3,108,806 4,063,011
RUSSELL 3000 VALUE INDEX FUND (ISHARES) - CORE S&P U.S. VALUE ETF (IUSV) 265,973 333,303

TY 2022 InvestmentsGovtObligationsSch
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
US Government Securities - End of Year Book Value:

13,220,812
US Government Securities - End of Year Fair Market Value:

12,119,596
State & Local Government Securities - End of Year Book Value:


0
State & Local Government Securities - End of Year Fair Market Value:


0


TY 2022 InvestmentsOtherSchedule2
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GS TACTICAL TILT OVERLAY FUND CLASS P (GSLPX) [ICE BOFAMERICA MERRILL 3 MONT AT COST 1,374,060 1,427,846
ISHARES MSCI EAFE INTERNATIONAL INDEX FUND K SHARES (BTMKX) AT COST 4,047,102 4,002,995
T. ROWE PRICE EMERGING MARKETS EQUITY FUND - MUTUAL FUND CLASS I SHARES (IEM AT COST 598,456 567,559
IMPRINT THEMATIC OPPORTUNITIES OFFSHORE SCSP AT COST 138,934 146,018

TY 2022 OtherAssetsSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
NOTE RECEIVABLE- BENEFIT CHICAGO 1,125,809 1,159,070 1,159,070


TY 2022 OtherExpensesSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ADMINISTRATIVE EXPENSES 40,770 0   40,770
OTHER INVESTMENTS EXPENSE 75 0   0
DIRECT CHARITABLE ACTIVITIES 38,440 0   38,440
SUBSCRIPTIONS 51,991 0   51,991
OTHER EXPENSE 124,387 0   0


TY 2022 OtherIncreasesSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Description Amount
PRIOR YEAR ADJUSTMENT 373,294


TY 2022 OtherProfessionalFeesSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MGMT FEES 102,358 102,358   0
TAX PREPARATION FEES 21,498 0   21,498


TY 2022 TaxesSchedule
Name:
IMC CHICAGO CHARITABLE FOUNDATION
EIN:
26-1416954
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAX ON QUALIFIED DIVIDEND 14,130 14,130   0
ESTIMATED TAX PAID 29,000 0   0
IL AG FEE 130 0   30