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
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 07-01-2023 , and ending 06-30-2024
Name of foundation
A FRANKLIN PILCHARD FOUNDATION
C/O MPO & CO
Number and street (or P.O. box number if mail is not delivered to street address)508 N PLUM GROVE ROAD
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
PALATINE, IL60067
A Employer identification number

36-3723290
B Telephone number (see instructions)

(847) 963-6762
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$25,959,894J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 708,950 708,950  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 3,718,556
b Gross sales price for all assets on line 6a 6,702,041
7 Capital gain net income (from Part IV, line 2)... 3,718,556
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 4,427,506 4,427,506  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 150,000 31,250   118,750
14 Other employee salaries and wages...... 57,166 0   57,166
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
51,405 12,500   38,905
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
120,655 120,655   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
60,000 0   60,000
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
1,421 0   1,421
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 440,647 164,405   276,242
25 Contributions, gifts, grants paid....... 1,183,365 1,183,365
26 Total expenses and disbursements. Add lines 24 and 25 1,624,012 164,405   1,459,607
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 2,803,494
b Net investment income (if negative, enter -0-) 4,263,101
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
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............. 15,796 14,375 14,375
2 Savings and temporary cash investments.........      
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) 412,142 Click to see attachment
List of Attached Documents:
// Content
1,466,846 		1,466,846
b Investments—corporate stock (attach schedule)....... 21,989,111 Click to see attachment
List of Attached Documents:
// Content
19,788,325 		19,808,325
c Investments—corporate bonds (attach schedule)....... 2,230,668 Click to see attachment
List of Attached Documents:
// Content
4,664,953 		4,664,953
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).......... 246,747 Click to see attachment
List of Attached Documents:
// Content
5,395 		5,395
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 24,894,464 25,939,894 25,959,894
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........ 1,369,532 1,369,532
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 23,524,932 24,570,362
29 Total net assets or fund balances (see instructions)..... 24,894,464 25,939,894
30 Total liabilities and net assets/fund balances (see instructions). 24,894,464 25,939,894
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
24,894,464
2
Enter amount from Part I, line 27a .....................
2
2,803,494
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
27,697,958
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,758,064
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
25,939,894
Form 990-PF (2023)
Form 990-PF (2023)
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 1500 SHS-CATERPILLAR P 2015-06-30 2023-07-20
b 3000 SHS-STARBUCKS P 2015-06-30 2023-07-20
c 992 SHS-VIATRIS P 2015-07-15 2023-07-20
d 2177 SHS-WARNER BROS P 2015-08-19 2023-07-02
e 4000 SHS-MICROSOFT P 2016-12-15 2023-07-20
2400 SHS-TEXAS INST P 2017-04-15 2023-07-20
4020 SHS-ALPHABET P 2017-05-01 2023-07-20
5800 SHS-APPLE P 2010-01-05 2023-07-20
150,000 BD-WELLS FARGO P 2021-08-15 2023-08-15
200,000 BD-MCCORMICK P 2021-09-01 2023-09-01
150,000 BD-SCHLUMBERGER P 2021-12-01 2023-12-01
400,000 BD-ALTRIA P 2022-01-31 2024-01-31
150,000 BD-APPLE P 2021-02-09 2024-02-09
150,000 BD-WELLTOWER P 2020-03-15 2024-03-15
400,000 BD-WALGREENS P 2021-03-19 2024-03-19
RBC WEALTH MANAGEMENT-A/C 4416 P 2020-01-15 2024-04-17
4500 UNITS-KRANESHARES TRUST P 2022-09-22 2023-07-21
1700 UNITS-KRANESHARES TRUST P 2021-09-14 2023-07-21
RBC WEALTH MANAGEMENT-A/C 4413 P    
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a 394,078   120,182 273,896
b 300,700   33,888 266,812
c 9,979   8,804 1,175
d 27,372   678 26,694
e 1,459,376   36,287 1,423,089
437,883   50,976 386,907
500,233   45,470 454,763
1,121,501   74,398 1,047,103
150,000   150,000 0
200,000   205,067 -5,067
150,000   150,000 0
400,000   400,000 0
150,000   152,391 -2,391
150,000   150,000 0
381,708   381,614 94
12,000   14,483 -2,483
138,149   169,528 -31,379
35,377   45,356 -9,979
683,685   794,363 -110,678
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       273,896
b       266,812
c       1,175
d       26,694
e       1,423,089
      386,907
      454,763
      1,047,103
      0
      -5,067
      0
      0
      -2,391
      0
      94
      -2,483
      -31,379
      -9,979
      -110,678
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 3,718,556
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  
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 59,257
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 59,257
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 59,257
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 83,410
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 83,410
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
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 24,153
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow24,153 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
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 2023 or the taxable year beginning in 2023? 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
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 arrowKATHY.PILCHARD@GMAIL.COM
14
The books are in care ofright arrowROBERT C PACILIO Telephone no.right arrow (847) 963-8900

Located atright arrow508 N PLUM GROVE ROADPALATINEIL ZIP+4right arrow60067
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 2023, 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
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
 
No
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
 
c
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 2023? .............
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 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
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 2023 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 2023.) .....................
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 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
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
 
 
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
KEVIN J RYAN PRESIDENT/DIRECTOR
5.00 		125,000 0 0
6502 JOLIET ROAD STE C
COUNTRYSIDE,IL60525
ALEXA RYAN SECRETARY/DIRECTOR
1.00 		25,000 0 0
6502 JOLIET ROAD STE C
COUNTRYSIDE,IL60525
ROBERT C PACILIO TREASURER/DIRECTOR
5.00 		0 0 0
508 N PLUM GROVE ROAD
PALATINE,IL60067
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
KATHLEEN SURA COORDINATOR
20.00 		50,000 0 0
9240 CLOISTER CT
FRANKFORT,IL60423
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
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
BUSEY BANK INVESTMENT FEES 92,469
800 WAUKEGAN ROAD
GLENVIEW,IL60025
MPO & CO ACCOUNTING SERVICES 51,405
508 N PLUM GROVE RD
PALATINE,IL60025
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 GRANTING OF SCHOLARSHIP BASED ON FINANCIAL NEED AND SCHOLASTIC ABILITY 1,183,365
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
25,417,179
b
Average of monthly cash balances.......................
1b
0
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
25,417,179
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
25,417,179
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
381,258
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
25,035,921
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,251,796
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
1,251,796
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
59,257
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
59,257
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,192,539
4
Recoveries of amounts treated as qualifying distributions................
4
477,000
5
Add lines 3 and 4............................
5
1,669,539
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
1,669,539
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
1,459,607
b
Program-related investments—total from Part VIII-B..................
1b
0
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) Click to see attachment
List of Attached Documents:
// Content
.................
3b
275,000
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
1,734,607
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,669,539
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,721,591
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019......  
c From 2020......  
d From 2021......  
e From 2022......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 1,734,607
a Applied to 2022, but not more than line 2a 1,721,591
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 2023 distributable amount..... 13,016
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 0
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		1,656,523
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 2018 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022....  
e Excess from 2023....  
Form 990-PF (2023)
Form 990-PF (2023)
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 2023, 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) 2023 (b) 2022 (c) 2021 (d) 2020
         
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 e-mail address of the person to whom applications should be addressed:
SANDY
PO BOX 1054
LAKE VILLA,IL60046
(312) 965-1063
bThe form in which applications should be submitted and information and materials they should include:
APPLICATION FORMS AVAILABLE ON REQUEST
cAny submission deadlines:
NOVEMBER 15
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
APPLICANTS MUST BE GRADUATING FROM ONE OF THE HIGH SCHOOLS PARTICIPATING IN THE SCHOLARSHIP PROGRAM.
Form 990-PF (2023)
Form 990-PF (2023)
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
DAYANA BAHENA-DE JESUS


710 GOLD RD
WAUKEGAN,IL60087 		  I SCHOLARSHIP 4,070
PAYTON BARNES


7950 S WHIPPLE
CHICAGO,IL60652 		  I SCHOLARSHIP 5,465
ADAM GRADILLA


12741 S KENNETH UNIT A
ALSIP,IL60803 		  I SCHOLARSHIP 7,821
ADRIAN CAMPOS


8255 S ALBANY AVE
CHICAGO,IL60652 		  I SCHOLARSHIP 8,000
BRIANA CAVILLO


746 ROSANNE ST
LOCKPORT,IL60441 		  I SCHOLARSHIP 8,000
ALEXA ESCAMILLA


2146 N GINGER CREEK
PALATINE,IL60074 		  I SCHOLARSHIP 745
COLLEEN CATEEDRAL


4248 N BLOOMINGTON AVE
ARLINGTON HTS,IL60004 		  I SCHOLARSHIP 8,000
BRIAN CAZARES


1485 N WINSLOWE DR APT 301
PALATINE,IL60074 		  I SCHOLARSHIP 6,446
ALI AL CHALABI


11342 HIGHLAND DR
PLAINFIELD,IL60585 		  I SCHOLARSHIP 8,000
ALLESANDRO BELTRAN


2418 W AUGUSTA BLVD
CHICAGO,IL60622 		  I SCHOLARSHIP 8,000
ALLY BELICK


3244 MEADOW TRAIL
DEKALB,IL60115 		  I SCHOLARSHIP 6,208
ALONDRA CALVILLO


4621 S DAMEN
CHICAGO,IL60609 		  I SCHOLARSHIP 8,000
ALYSSA ANALITIS


1S084 W BRUNHAM LN
GENEVA,IL60134 		  I SCHOLARSHIP 8,000
AMBER MOORE


1411 CLARK ST
DE KALB,IL60115 		  I SCHOLARSHIP 5,521
ANDY GARCIA


2115 N KILBOURN AVE
CHICAGO,IL60639 		  I SCHOLARSHIP 883
ANGELA GONALEZ


2141 DOGWOOD LN
PALATINE,IL60074 		  I SCHOLARSHIP 1,597
ANGELICA TOPOR


8941 S 48TH CT
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
ANGELA ANGELOVSKA


11048 W 72ND ST
INDIAN HEAD PARK,IL60525 		  I SCHOLARSHIP 8,000
ANNA MARATOS


8640 W STOLTING
NILES,IL60714 		  1 SCHOLARSHIP 8,000
ANNE KENAH


10844 S TALMAN
CHICAGO,IL60655 		  I SCHOLARSHIP 8,000
MARGARET CHANG


616 W PARKSIDE DR
PALATINE,IL60067 		  I SCHOLARSHIP 8,000
SINEAD CONROY


229 S MAIN ST
SYCAMORE,IL60178 		  I SCHOLARSHIP 8,000
ASHLEY MONTANO


325 E LINCOLN ST
SYCAMORE,IL60178 		  I SCHOLARSHIP -342
BENELL ODISHO


9252 DEE RD
DES PLAINES,IL60016 		  I SCHOLARSHIP 8,000
BENJAMIN TAALMAN


215 EAST AVE
PARK RIDGE,IL60068 		  I SCHOLARSHIP 8,000
BRANDO SUAREZ


561 MEADOWVIEW DR
WAUCONDA,IL60074 		  I SCHOLARSHIP 6,978
BRIDGET HUGHES


9361 ERIC CIRCLE
KINGSTON,IL60145 		  I SCHOLARSHIP 8,000
BRIDGET MURPHY


10565 S HAMLIN
CHICAGO,IL60655 		  I SCHOLARSHIP 8,000
CARISA ARROYO


687 TALLGRASS LN
LAKE VILLA,IL60046 		  I SCHOLARSHIP 8,000
CAROLINE MENZER


1119 PENNY LN
SYCAMORE,IL60178 		  I SCHOLARSHIP 8,000
CATHERINE KONAGEL


11148 S DRAKE
CHICAGO,IL60655 		  I SCHOLARSHIP 4,981
CLAIRE CORRIGAN


139-7TH AVE
LA GRANGE,IL60525 		  I SCHOLARSHIP 8,000
JOSEPH CROSBY


9417 S 55TH CT
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
CRISTIAN ROMANIZ


1505 CRIMSON LANE APT 1B
PALATINE,IL60074 		  I SCHOLARSHIP 10,010
DANIEL VELAZQUEZ-BRITO


6329 SACRAMENTO
CHICAGO,IL60629 		  I SCHOLARSHIP 8,000
ASHLEY CRUZ


682 E ALGONQUIN RD
DES PLAINES,IL60016 		  I SCHOLARSHIP 835
MYRISA DELORIEA


6122 W 82ND PL
BURBANK,IL60459 		  I SCHOLARSHIP 8,000
LHAYE DIMARUCUT


720 N CLARK DR
PALATINE,IL60074 		  I SCHOLARSHIP 8,000
DESMOND BROWN


4634 BUTTERFIELD RD
HILLSIDE,IL60162 		  I SCHOLARSHIP 8,000
EDGAR CALDERON


5605 W 95TH ST
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
ELENA BREWER


823 E COACH RD 7
PALATINE,IL60074 		  I SCHOLARSHIP 236
ELIZABETH LYLE


11450 WASHTENAW
CHICAGO,IL60655 		  I SCHOLARSHIP -1,200
BENEDICT ERHABOR


1413 N PARK DR
MOUNT PROSPECT,IL60056 		  I SCHOLARSHIP 2,686
EMA KAUNAS


931 SINGER AVE
LEMONT,IL60439 		  I SCHOLARSHIP 2,972
OLIVER FRICK


809 14TH AVE
FULTON,IL61252 		  I SCHOLARSHIP 7,662
EMILY BONGIOVANNI-SCHAFER


22230 W OAK
GRAYSLAKE,IL60030 		  I SCHOLARSHIP 8,000
EMMETT RAMOS


6900 S KEDVALE AVE
CHICAGO,IL60629 		  I SCHOLARSHIP 5,400
EVELYN GARCIA


2018 COOKE CT
WAUKEGAN,IL60085 		  I SCHOLARSHIP 280
FATIMA MARTINEZ


4842 S LAPORTE AVE
CHICAGO,IL60638 		  I SCHOLARSHIP 6,630
GABRIELLA KULACH


8228 NORMANDY AVE
BURBANK,IL60459 		  I SCHOLARSHIP 8,000
GEORGE PHILIP


1685 MILL ST APT 203
DES PLAINES,IL60016 		  I SCHOLARSHIP 8,000
GISELLE BRAMBILA-OLAZABA


1227 S SOMERSET
WOODRIDGE,IL60517 		  I SCHOLARSHIP 6,132
GRACE ASIEN


8336 N OCTAVIA
NILES,IL60714 		  I SCHOLARSHIP 5,380
KEBRON GHEDAMU


5319 S WOODLAWN AVE
CHICAGO,IL60615 		  I SCHOLARSHIP 351
LAUREN GIVENS


5318 W QUINCY ST
CHICAGO,IL60644 		  I SCHOLARSHIP 3,013
GRACE ROWAN


10731 S TALMAN
CHICAGO,IL60655 		  I SCHOLARSHIP 2,682
GRANT ROSS


2427 EMERSON LN
NAPERVILLE,IL60540 		  I SCHOLARSHIP 5,400
GUADALUPE CARRILLO


217 KNOLLWOOD DR
DEKALB,IL60115 		  I SCHOLARSHIP 7,298
HANNA KIWARKIS


731 MANOR CT
DES PLAINES,IL60016 		  I SCHOLARSHIP 8,000
HANNAH XU


1109 HUNTLEIGH DR
NAPERVILLE,IL60540 		  I SCHOLARSHIP 8,000
HARJAS KAUR


421 E AMHERST ST
PALATINE,IL60074 		  I SCHOLARSHIP 8,045
DALIA GONZALEZ-LIZARDO


1545 N WINSLOWE DR APT 3B
PALATINE,IL60074 		  I SCHOLARSHIP 7,976
IAIN PURDOM


12 PRIMROSE LN
SYCAMORE,IL60178 		  I SCHOLARSHIP 8,000
IMANI GONNIGAN


1214 N BOND ST
SPRINGFIELD,IL62702 		  I SCHOLARSHIP -135
ISABEL MANTILLA


321 N EASTWOOD AVE
MOUNT PROSPECT,IL60056 		  I SCHOLARSHIP 8,000
ISABELLA BRYANT


3556 W BELLE PLAINE 1A
CHICAGO,IL60618 		  I SCHOLARSHIP 8,000
ISABELLA MATTALIANO


5138 S MAYFIELD
CHICAGO,IL60638 		  I SCHOLARSHIP 8,000
ISABELLE ARQUILLA


4225 FAIRFAX ST
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
CASSANDRA GUADARRAMA


9638 S AVENUE N
CHICAGO,IL60617 		  I SCHOLARSHIP 6,924
KAYE HIDALGO


7436 FOSTER ST
MORTON GROVE,IL60053 		  I SCHOLARSHIP 800
MAKENNA HOOKER-SUNDERLA


300 W HILL ST APT 2B
GENOA,IL60135 		  I SCHOLARSHIP 8,000
JAMES KECK


824 HAISH BLVD
DEKALB,IL60115 		  I SCHOLARSHIP 7,648
JAMES RIGHI


10067 MEADOW LANE
DES PLAINES,IL60016 		  I SCHOLARSHIP 2,866
FINLEY JACKSON


445 VIKING DRIVE
SYCAMORE,IL60176 		  I SCHOLARSHIP 8,000
ASHLEY JUAREZ


1916 N HIGH GROVE LN
PALATINE,IL60074 		  I SCHOLARSHIP 6,466
JASMINE PLATA


16 A DUNDEE QUARTER UNIT 205
PALATINE,IL60074 		  I SCHOLARSHIP 4,325
JAVIER GOMEZ


5018 S LATROBE AVE
CHICAGO,IL60638 		  I SCHOLARSHIP 8,000
JAZMINE PITTMAN


1758 N OAK PARK AVE
CHICAGO,IL60707 		  I SCHOLARSHIP 8,000
JENNIFER ARMAS-MORALES


1451 N WINSLOWE APT 302
PALATINE,IL60074 		  I SCHOLARSHIP 5,679
JESSICA GILL


900 BAYSIDE DR UNIT 3
PALATINE,IL60074 		  I SCHOLARSHIP 6,600
JEWEL SANDERS


320 CENTRAL AVE
GENOA,IL60135 		  I SCHOLARSHIP 4,237
IRENE LAZANYI


8276 N OZANAM AVE
NILES,IL60714 		  I SCHOLARSHIP 8,000
ANTONIO LICEA


1721 N CENTRAL PARK AVE
CHICAGO,IL60647 		  I SCHOLARSHIP 8,000
JOHN GARCIA


24 WHEELING AVE APT 108
WHEELING,IL60090 		  I SCHOLARSHIP 3,736
JOHN MALDONADO


1312 E PORTS O CALL
PALATINE,IL60074 		  I SCHOLARSHIP 6,651
JOLEIGH REISS


608 STEARN DR
GENOA,IL60135 		  I SCHOLARSHIP 8,000
JONATHAN GAO


754 STONE CREEK DR
MAKANDA,IL62958 		  I SCHOLARSHIP -1,500
JOSEPH YOZZE II


3600 W 79TH ST
EVERGREEN PARK,IL60805 		  I SCHOLARSHIP 8,000
ISAAC LOYO


10013 BUELL
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
JOHN LOZANO


7841 OAK PARK AVE
BURBANK,IL60459 		  I SCHOLARSHIP 4,673
JUAN CASTRO


273 CLOVERLEAF CT
DE KALB,IL60115 		  I SCHOLARSHIP 8,000
JUSTIN CHEN


1040 S PARKSIDE
PALATINE,IL60067 		  I SCHOLARSHIP 4,424
JUWON PARK


5107 LONDONDERRY RD
BLOOMINGTON,IL61705 		  I SCHOLARSHIP 7,478
KAILANI TANADA


6S060 SETAUKET AVE
NAPERVILLE,IL60540 		  I SCHOLARSHIP 6,850
MOIRA MCGUIRE


10013 S SPAULDING AVE
EVERGREEN PARK,IL60805 		  I SCHOLARSHIP 5,354
KARLA MURILLO


812 W PACIFIC
WAUKEGAN,IL60085 		  I SCHOLARSHIP 7,036
IAN MEZA


4001 S ARTESIAN AVE
CHICAGO,IL60632 		  I SCHOLARSHIP 8,000
EMMA MORGAN


4455 W 116TH PL
ALSIP,IL60803 		  I SCHOLARSHIP 8,000
KEVIN SEMCHUK


464 BUCKEYE DR
WHEELING,IL60090 		  I SCHOLARSHIP 4,000
KEYLA GALLEGOS


8342 S KENNETH AVE
CHICAGO,IL60074 		  I SCHOLARSHIP 5,183
KIERNAN SCHMACHER


11224 S WASHTENAW AVE
CHICAGO,IL60655 		  I SCHOLARSHIP 8,000
KIYA COCKRELL


8808 S RIDGELAND AVE
CHICAGO,IL60612 		  I SCHOLARSHIP 4,836
KYLIE HYDERDALL


214 HONORS DR
SHOREWOOD,IL60404 		  I SCHOLARSHIP 7,236
LANDON GARCIA


144 E LARK AVE
CORTLAND,IL60112 		  I SCHOLARSHIP 8,000
LEAH BRECHEISEN


3041 W WALNUT ST
CHICAGO,IL60612 		  I SCHOLARSHIP 8,000
BAASIT NADEEM


4913 S CRAIN ST APT GG
SKOKIE,IL60077 		  I SCHOLARSHIP 8,000
LIAM LYONS


9221 S TRUMBULL
EVERGREEN PARK,IL60805 		  I SCHOLARSHIP 8,000
HOPE NORDBROCK


356 CONLIN AVE
SYCAMORE,IL60178 		  I SCHOLARSHIP 8,000
LOGAN BOWN


1926 HEATHER LANE
JOLIET,IL60431 		  I SCHOLARSHIP 3,905
LORIN KMIECIAK


305 ASHWOOD
SYCAMORE,IL60178 		  I SCHOLARSHIP 6,995
LUKE KEDZIERSKI


16639 PAW PAW
ORLAND PARK,IL60467 		  I SCHOLARSHIP 8,000
LUKE SADOWSKI


7206 CHESTNUT HILLS DR
BURR RIDGE,IL60527 		  I SCHOLARSHIP 8,000
ALEXANDER NOVAK


9625 MELVINA AVE
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
MADELYN LATHROP


846 MEADOW LN
SYCAMORE,IL60178 		  I SCHOLARSHIP 8,000
MADISON PYTKA


17029 WESTWOOD CIRCLE
ORLAND HILLS,IL60487 		  I SCHOLARSHIP 8,000
MAKAYLA ANDERSON


128 E MILNER AVE
DE KALB,IL60115 		  I SCHOLARSHIP 7,811
MALAYAH JOHNSON


3053 W WARREN BLVD APT 2
CHICAGO,IL60612 		  I SCHOLARSHIP 8,000
MARCAIL MCBRIDE


110 JESSIE ST
JOLIET,IL60433 		  I SCHOLARSHIP 7,206
SARAH O'BRIEN


10700 S WASHTENAW AVE
CHICAGO,IL60655 		  I SCHOLARSHIP 6,691
KAYLA PERKINS


1133 SOUTH BOULEVARD APT 726
OAK PARK,IL60302 		  I SCHOLARSHIP 8,000
MARTIN LOUGHNEY


3642 W 107TH PL
CHICAGO,IL60655 		  I SCHOLARSHIP 7,920
MARTIN MURRAY


10325 S SAWYER AVE
CHICAGO,IL60655 		  I SCHOLARSHIP 8,000
MAYA BOWN


1926 HEATHER LANE
JOLIET,IL60431 		  I SCHOLARSHIP 8,126
MAYA DABROWSKI


8147 MASON AVE
BURBANK,IL60459 		  I SCHOLARSHIP 8,000
MCKENZIE GARLAND


3055 WOLF CT
DE KALB,IL60115 		  I SCHOLARSHIP 8,000
MEGHAN DOWD


10335 S AVERS AVE
CHICAGO,IL60655 		  I SCHOLARSHIP 2,373
GRACE PHILIP


10544 S KILDARE AVE
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
MIA KOGUT


10356 S SACRAMENTO AVE
CHICAGO,IL60655 		  I SCHOLARSHIP 8,000
MICHELL CHAVEZ


8159 LECLAIRE AVE
BURBANK,IL60459 		  I SCHOLARSHIP 8,000
BRIANNA RAMIREZ


1390 N KNOLLWOOD DR
PALATINE,IL60067 		  I SCHOLARSHIP 2,840
MIRELLA ELDRIDGE


2601 W LAKE STE A6201
PEORIA,IL61615 		  I SCHOLARSHIP 8,000
JESSENIA RAMIREZ


217 KNOLLWOOD DR
DE KALB,IL60115 		  I SCHOLARSHIP 2,305
MORGAN FERRARA


714 HAWTHORNE
GENOA,IL60135 		  I SCHOLARSHIP 6,861
MORGAN SIERS


31120 DANIELS DR
GENOA,IL60135 		  I SCHOLARSHIP 8,000
MORGAN UNOLD


1133 AVENUE J
CHICAGO,IL60617 		  I SCHOLARSHIP 8,000
ZEPHANIAH REDMOND


1130 NORTH AVE
WAUKEGAN,IL60085 		  I SCHOLARSHIP 8,000
ELYSSA REED


949 E LILLY LN
PALATINE,IL60074 		  I SCHOLARSHIP 8,000
EMMA SCHROEDER


1005 GREENVIEW AVE
DES PLAINES,IL60016 		  I SCHOLARSHIP 8,000
NAWAL KHANKAN


1055 COVINGTON DR
LEMONT,IL60439 		  I SCHOLARSHIP 3,272
MATTHEW SHARP


308 SHORT ST APT 1
LEMONT,IL60439 		  I SCHOLARSHIP 8,000
NIKOLA IVOSEVIC


15420 E 127TH ST
LEMONT,IL60439 		  I SCHOLARSHIP 8,000
OLIVIA RUIZ


3911 W MARQUETTE RD
CHICAGO,IL60629 		  I SCHOLARSHIP 6,257
OMAR KOUSA


9819 N GLENDALE
NILES,IL60714 		  I SCHOLARSHIP 6,600
OLUKEMI ADELAKUN


7350 BECKWITH RD
MORTON GROVE,IL60053 		  I SCHOLARSHIP 1,770
PAUL HOPPENWORTH


1215 UNIVERSITY DR
DE KALB,IL60115 		  I SCHOLARSHIP 5,234
KASSANDDRA SHEPHERD


7405 MADISON ST APT 2
FOREST PARK,IL60130 		  I SCHOLARSHIP 7,991
PHILIP AN


3938 NEW HAVEN AVE
ARLINGTON HTS,IL60004 		  I SCHOLARSHIP 8,000
ALEXANDRA SOTO


12 WINDDANCE DR
LAKE VILLA,IL60046 		  I SCHOLARSHIP 8,000
RUSHANE WRIGHT


1111 W HOLLYWOOD 406
CHICAGO,IL60660 		  I SCHOLARSHIP 3,921
GISELLE SOTO


2231 CUYLE AVE
BERWYN,IL60402 		  I SCHOLARSHIP 8,000
RYANN O'MALLEY


7 PETERSON CT
WOODRIDGE,IL60517 		  I SCHOLARSHIP 5,687
SABINA MATEZIC


8515 N OTTAWA AVE
NILES,IL60714 		  I SCHOLARSHIP 8,000
SAMANTA MAZUR


111 S BAYBROOK DR UNIT 309
PALATINE,IL60074 		  I SCHOLARSHIP 8,000
SAMANTHA MOORE


10137 RICH ROAD
DEKALB,IL60115 		  I SCHOLARSHIP 4,827
JANIE TERNES


10709 S TRIPP CT
OAK LAWN,IL60453 		  I SCHOLARSHIP 6,838
SAMUELA KOSIPA


4800 S LAKE PARK AVE UNIT 2012A
CHICAGO,IL60615 		  I SCHOLARSHIP 3,381
SANDRA GEORGY


1415 HOMESTEAD RD APT 4
LA GRANGE PARK,IL60526 		  I SCHOLARSHIP 8,000
SANDY CAMARILLO


2414 RANDALL LN APT2D
ARLINGTON HTS,IL60004 		  I SCHOLARSHIP 6,893
SARIUNA IUMOZHAPVOA


1771 E CAMP MCDONALD RD
MT PROSPECT,IL60056 		  I SCHOLARSHIP 8,000
SHANNON PARKS


4506 W 90TH PL
HOMETOWN,IL60456 		  I SCHOLARSHIP 8,000
SIOBAHN HICKEY


9231 S 55TH CT
OAK LAWN,IL60453 		  I SCHOLARSHIP 2,628
SOLOMON HUDSON


1100 E RANDVILLE DR
PALATINE,IL60074 		  I SCHOLARSHIP 8,000
STEPHEN BELL


2403 E 72ND ST UNIT 2B
CHICAGO,IL60649 		  I SCHOLARSHIP 6,600
NICHOLAS TOPOR


8941 S 48TH CT
OAK LAWN,IL60453 		  I SCHOLARSHIP 7,089
SUNG PARK


214 MERRY OAKS DR
SYCAMORE,IL60178 		  I SCHOLARSHIP 8,000
SVETLANA ILIC


8400 W OAK AVE
NILES,IL60714 		  I SCHOLARSHIP 8,000
TAYLOR BRADSHAW


41 GLENBROOK DRIVE
PROSPECT HTS,IL60070 		  I SCHOLARSHIP 8,000
THOMAS BOYLE


9727 S LAWNDALE
EVERGREEN PARK,IL60805 		  I SCHOLARSHIP 8,000
MADELINE VOORHIS


836 VIENNA BLVD
DEKALB,IL60115 		  I SCHOLARSHIP 7,202
THOMAS GOLON


4344 KATHLEEN DRIVE
OAK LAWN,IL60453 		  I SCHOLARSHIP 8,000
THOMAS VILEIKIS


12792 CHIEFTAIN CT
LEMONT,IL60439 		  I SCHOLARSHIP 8,000
DENVER WAFER


2236 W 119TH ST
CHICAGO,IL60643 		  I SCHOLARSHIP 7,846
TYLER KOWALCZYK


12735 MAYFAIR DR
LEMONT,IL60439 		  I SCHOLARSHIP 8,000
VERONICA RIMSKY


5616 W 84TH ST
BURBANK,IL60459 		  I SCHOLARSHIP 8,000
HUNTER WILSON


1364 WATERSIDE DR
BOLINGBROOK,IL60490 		  I SCHOLARSHIP 8,000
VIVIAN MORRISON


9631 S HAMLIN AVE
EVERGREEN PARK,IL60805 		  I SCHOLARSHIP 7,860
WILLIAM MCGEE


10317 S DRAKE
CHICAGO,IL60655 		  I SCHOLARSHIP 8,000
XIOMARA CARMONA


1507 N WINSLOWE DR APT 3A
PALATINE,IL60074 		  I SCHOLARSHIP 1,118
JULIA WODZIEN


5401 N MIOLWAUKEE APT 1B
CHICAGO,IL60630 		  I SCHOLARSHIP 794
ELIZABETH YOUNG


530 WASHINGTON ST
WOODSTOCK,IL60098 		  I SCHOLARSHIP 8,000
YOUSRA BADOU


1009 CASA DR
SCHAUMBURG,IL60173 		  I SCHOLARSHIP 8,160
ZOE SWICK


8628 WYMAN DR
TINLEY PARK,IL60487 		  I SCHOLARSHIP 8,000
ZOHAA CHOUDHRY


382 E RIMINI CT
PALATINE,IL60074 		  I SCHOLARSHIP 6,768
PRIOR YEAR ADJUSTMENTS


508 N PLUM GROVE RD
PALATINE,IL60074 		  I SCHOLARSHIP -9,932
Total .................................right arrow 3a 1,183,365
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
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 ....     14 708,950  
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 ............ 		    14 3,718,556  
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 4,427,506 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,427,506
(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 (2023)
Form 990-PF (2023)
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 (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MPO & CO., 508 N. PLUM GROVE RD., PALATINE, IL 60067 51,405 12,500   38,905

TY 2023 CashDistributionExplnStmt
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Explanation:
THE FOUNDATION GIVES SCHOLARSHIPS UP TO $8,000. PER YEAR FOR FOUR YEARS. THE AMOUNTS SET ASIDE ARE AN ESTIMATE OF THE REMAINING AMOUNT OF THE SCHOLARSHIPS THAT HAVE BEEN AWARDED.

TY 2023 InvestmentsCorpBondsSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Name of Bond End of Year Book Value End of Year Fair Market Value
27844/27,333 AB BD FD INC 173,289 173,289
200,000 BD-GENERAL DYNAMICS 196,722 196,722
200,000 BD-ORACLE 197,914 197,914
150000 BD-BANK OF AMERICA 147,849 147,849
150000 BD-ABBVIE 147,577 147,577
150000 BD-CITIGROUP 146,080 146,080
150000 BD-JB HUNT 146,612 146,612
400,000 BD-CSX 399,224 399,224
400,000 BD-GOLDMAN SACHS 400,132 400,132
400,000 BD-REGIONS FINL 387,928 387,928
400,000 BD-BP CAPITAL MARKETS 392,996 392,996
400,000 BD-CONSTELLATION BRANDS 395,888 395,888
400,000 BD-EXELON CORP 387,024 387,024
400,000 BD-OMNICOM 386,916 386,916
200,000 BD-REPUBLIC SVCS 191,154 191,154
200,000 BD-DUKE ENERGY 189,060 189,060
400,000 BD-PAYPAL 378,588 378,588

TY 2023 InvestmentsCorpStockSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Name of Stock End of Year Book Value End of Year Fair Market Value
3200 SHS-JOHNSON&JOHNSON 467,712 467,712
4000 SHS-PROCTOR&GAMBLE 659,680 659,680
7200/3200 SHS-MICROSOFT 1,430,240 1,430,240
8000 SHS- PFIZER INC 223,840 223,840
4000 SHS-PEPSICO 659,720 659,720
11800 SHS-CISCO SYSTEMS 560,618 560,618
2900 SHS-AUTOMATIC DATA PROCESSING 692,201 692,201
6400/4000 SHS-TEXAS INSTRUMENTS 778,120 778,120
5700 SHS-SYSCO 406,923 406,923
10000/7000 SHS-STARBUCKS 544,950 544,950
3000 SHS-STRYKER 1,020,750 1,020,750
4000 SHS-CATERPILLAR 832,750 832,750
2000 SHS-FEDEX 599,680 599,680
400/8000 SHS-ALPHABET-A 1,457,200 1,457,200
3200 SHS-MCDONALD'S 815,488 815,488
9000 SHS-AT&T 171,990 171,990
5000 SHS-ABBOTT LABS 519,550 519,550
3600 SHS-CME GROUP 707,760 707,760
2700 SHS-CHEVRON 422,334 442,334
6000 SHS-EMERSON ELECTRIC 660,960 660,960
3000 SHS-EXXON MOBIL 345,360 345,360
10800/5000 SHS-APPLE COMPUTER 1,053,100 1,053,100
2400 SHS-GILEAD 164,664 164,664
2800 SHS-ROYAL DUTCH SHELL 202,104 202,104
5000 SHS-SCHLUMBERGER 235,900 235,900
5726/5889 SHS-VANGUARD INDEX TRUST 767,061 767,061
11528/11534 SHS-MORGAN STANLEY INST FD 265,988 265,988
2512 SHS-LORD ABBETT 107,076 107,076
5597/5886 VANGUARD/WELLESLEY INCOME FD 356,076 356,076
445 SHS-BROADCOM 714,461 714,461
6000 SHS-SPROTT PHYSICAL GOLD 108,360 108,360
4278/3863 SHS-PGIM JENNISON 403,205 403,205
31,371/33244 LORD ABBETT DEBEBTURE 233,701 233,701
1100 SHS-DIREXION ETF 97,614 97,614
600 SHS-INVESCO EXCHANGE TR 98,568 98,568
4558 SHS-PILGRIM JENNISON 322,807 322,807
70520 SHS-PIONEER MULTI ASSET 679,814 679,814

TY 2023 InvestmentsGovtObligationsSch
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
US Government Securities - End of Year Book Value:

1,466,846
US Government Securities - End of Year Fair Market Value:

1,466,846
State & Local Government Securities - End of Year Book Value:


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


0


TY 2023 InvestmentsOtherSchedule2
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
RBC INSURED DEPOSITS FMV 5,395 5,395

TY 2023 OtherDecreasesSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Description Amount
APPRECIATION OF INVESTMENTS 1,758,064


TY 2023 OtherExpensesSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MISCELLANEOUS EXPENSES 1,421 0   1,421


TY 2023 OtherProfessionalFeesSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
TRUST MANAGEMENT FEES: 0 0   0
BUSEY BANK, GLENVIEW, IL 92,469 92,469   0
RBC CAPITAL MARKETS, OAKBROOK, IL 28,186 28,186   0


TY 2023 TaxesSchedule
Name:
A FRANKLIN PILCHARD FOUNDATION
 
C/O MPO & CO
EIN:
36-3723290
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAXES 60,000 0   60,000