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 01-01-2023 , and ending 12-31-2023
Name of foundation
DAVID F & MARGARET T GROHNE
FAMILY FOUNDATION
Number and street (or P.O. box number if mail is not delivered to street address)4908 LAWN AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WESTERN SPRINGS, IL60558
A Employer identification number

36-4061509
B Telephone number (see instructions)

(708) 496-0380
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$201,699,526J 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) 3,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 5,108,944 5,108,944  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 Click to see attachment
List of Attached Documents:
// Content
2,419,613
b Gross sales price for all assets on line 6a 50,016,229
7 Capital gain net income (from Part IV, line 2)... 2,410,120
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)....... Click to see attachment
List of Attached Documents:
// Content
324,754 257,180 0
12 Total. Add lines 1 through 11........ 10,853,311 7,776,244 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0 0 0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
51,608 0 0 51,608
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
407,852 407,852 0 0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
222,470 54,438 0 0
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
227,466 203,208 0 15
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 909,396 665,498 0 51,623
25 Contributions, gifts, grants paid....... 10,275,400 10,275,400
26 Total expenses and disbursements. Add lines 24 and 25 11,184,796 665,498 0 10,327,023
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -331,485
b Net investment income (if negative, enter -0-) 7,110,746
c Adjusted net income (if negative, enter -0-)... 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............. 12,822,534 18,678,675 18,678,675
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) 7,091,071 Click to see attachment
List of Attached Documents:
// Content
15,449,969 		15,427,648
b Investments—corporate stock (attach schedule)....... 107,717,422 Click to see attachment
List of Attached Documents:
// Content
92,658,240 		126,315,444
c Investments—corporate bonds (attach schedule)....... 14,676,799 Click to see attachment
List of Attached Documents:
// Content
15,614,330 		14,680,791
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).......... 16,429,881 Click to see attachment
List of Attached Documents:
// Content
16,005,008 		26,596,968
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) 158,737,707 158,406,222 201,699,526
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........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 158,737,707 158,406,222
29 Total net assets or fund balances (see instructions)..... 158,737,707 158,406,222
30 Total liabilities and net assets/fund balances (see instructions). 158,737,707 158,406,222
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
158,737,707
2
Enter amount from Part I, line 27a .....................
2
-331,485
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
158,406,222
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
158,406,222
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 LTCG DISTRIBUTIONS      
b PUBLICLY TRADED SECURITIES      
c PASSTHROUGH K-1 CAPITAL GAIN/LOSS P    
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 350,654     350,654
b 49,410,018   47,596,616 1,813,402
c 246,064     246,064
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       350,654
b       1,813,402
c       246,064
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,410,120
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 98,839
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 98,839
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 98,839
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 146,037
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 110,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 256,037
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 10 157,198
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow157,198 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
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
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 arrowN/A
14
The books are in care ofright arrowDAVID F GROHNE Telephone no.right arrow (708) 496-0380

Located atright arrow4908 LAWN AVENUEWESTERN SPRINGSIL ZIP+4right arrow60558
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
 
 
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
DAVID GROHNE PRESIDENT
0.10 		0 0 0
4908 LAWN AVENUE
WESTERN SPRINGS,IL60558
MARGARET GROHNE VP
0.10 		0 0 0
4908 LAWN AVENUE
WESTERN SPRINGS,IL60558
JEFFREY GROHNE DIRECTOR
0.10 		0 0 0
1365 TURVEY ROAD
DOWNERS GROVE,IL60515
PATRICIA TASSONE DIRECTOR
0.10 		0 0 0
1245 DERBY LANE
SARASOTA,FL34242
JENNIFER HUBER DIRECTOR
0.10 		0 0 0
4730 ASHWOOD COURT
ZIONSVILLE,IN46077
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................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
THE NORTHERN TRUST COMPANY INVESTMENT ADVISORY 283,418
PO BOX 803878
CHICAGO,IL60680
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  
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
171,640,943
b
Average of monthly cash balances.......................
1b
18,914,355
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
190,555,298
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
190,555,298
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
2,858,329
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
187,696,969
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
9,384,848
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
9,384,848
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
98,839
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
9,749
c
Add lines 2a and 2b............................
2c
108,588
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
9,276,260
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
9,276,260
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
9,276,260
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
10,327,023
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) .................
3b
 
4
Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4. .......
4
10,327,023
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 9,276,260
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018......  
b From 2019...... 95,404
c From 2020......  
d From 2021......  
e From 2022...... 516,320
f Total of lines 3a through e ........ 611,724
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 10,327,023
a Applied to 2022, 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 2023 distributable amount..... 9,276,260
e Remaining amount distributed out of corpus 1,050,763
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 1,662,487
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 .......... 		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 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 ...... 		1,662,487
10 Analysis of line 9:
a Excess from 2019.... 95,404
b Excess from 2020....  
c Excess from 2021....  
d Excess from 2022.... 516,320
e Excess from 2023.... 1,050,763
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).)
DAVID GROHNE
MARGARET GROHNE
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:
DAVID MARGARET GROHNE
4908 LAWN AVENUE
WESTERN SPRINGS,IL60558
(708) 496-0380
bThe form in which applications should be submitted and information and materials they should include:
NO FORMAL FORMS
cAny submission deadlines:
NO SUBMISSION DEADLINES
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
NO RESTRICTIONS EXCEPT THE ORGANIZATIONS MUST BE QUALIFIED 501(C)(3) ORGANIZATIONS.
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

ALZHEIMERS FOUNDATION OF AMERICA INC

322 EIGHTH AVE 16TH FL
NEW YORK,NY10001 		N/A PC CHARITABLE 2,000

BEST FRIENDS ANIMAL SOCIETY

5001 ANGEL CANYON RD
KANAB,UT84741 		N/A PC CHARITABLE 1,000

BIG BROTHER BIG SISTER

2502 N ROCKY POINT DR SUITE 100
TAMPA,FL33607 		N/A PC CHARITABLE 5,000

CAITIE'S FOSTER FAM RESCUE

8325 BROADWAY SUITE 202
PEARLAND,TX77581 		N/A PC CHARITABLE 5,000

CHILDREN'S ORGAN TRANSPLANT ASSOCIATION

2501 WEST COTA DRIVE
BLOOMINGTON,IN47403 		N/A PC CHARITABLE 2,500

CORAL RESTORATION FOUNDATION

5 SEAGATE BLVD
KEY LARGO,FL33037 		N/A PC CHARITABLE 1,000

DISABLED AMERICAN VETERANS

PO BOX 14301
CINCINNATI,OH45250 		N/A PC CHARITABLE 3,000

DOCTORS WITHOUT BORDERS

40 RECTOR ST 16TH FLOOR
NEW YORK,NY10006 		N/A PC CHARITABLE 2,500

DUCKS UNLIMITED INC

ONE WATERFOWL WAY
MEMPHIS,TN38120 		N/A PC CHARITABLE 7,500,200

FIELD SCHOOL

535 N PARKSIDE AVE
CHICAGO,IL60644 		N/A PC CHARITABLE 100,000

HOOSIER VETERANS ASSISTANCE FOUNDATION

964 N PENNSYLVANIA ST
INDIANAPOLIS,IN46204 		N/A PC CHARITABLE 5,000

INDIANA UNIVERSITY SCHOOL OF MEDICINE

340 W 10TH ST
INDIANAPOLIS,IN46202 		N/A PC CHARITABLE 10,000

LYONS TOWNSHIP HIGH SCHOOL ADULT & CONTINUING EDUCATION

100 S BRAINARD AVE
LA GRANGE,IL60525 		N/A PC CHARITABLE 2,000

MISSION MID DEL INC

5751 E RENO AVENUE
MIDWEST CITY,OK73110 		N/A PC CHARITABLE 5,000

NATIONAL PARK FOUNDATION

1110 VERMONT AVE NW 200
WASHINGTON,DC20005 		N/A PC CHARITABLE 5,000

NC STATE UNIVERSITY

CAMPUS BOX 7474
RALEIGH,NC27695 		N/A PC CHARITABLE 5,000

PARTNERSHIP SCHOOLS

1011 FIRST AVENUE SUITE 1800
NEW YORK,NY10022 		N/A PC CHARITABLE 100,000

PHOENIX CHILDREN'S HOSPITAL

1919 E THOMAS RD
PHOENIX,AZ85016 		N/A PC CHARITABLE 20,000

PURDUE POLYTECHNIC INSTITUTE

401 GRANT ST
WEST LAFAYETTE,IN47906 		N/A PC CHARITABLE 100,000

SALK INSTITUTE FOR BIOLOGICAL STUDIES

10010 N TORREY PINES RD
LA JOLLA,CA92037 		N/A PC CHARITABLE 125,000

SEASPAR

4500 BELMONT RD
DOWNERS GROVE,IL60515 		N/A PC CHARITABLE 1,000

ST ELIZABETH ANN SETON CATHOLIC SCHOOL

10650 ABOITE CENTER RD
FORT WAYNE,IN46804 		N/A PC CHARITABLE 3,500

ST JAMES CATHOLIC CHURCH

22400 TORRENCE AVE
SAUK VILLAGE,IL60411 		N/A PC CHARITABLE 3,500

THE NATURE CONSERVANCY - FL CHAPTER

4245 N FAIRFAX DR STE 100
ARLINGTON,VA22203 		N/A PC CHARITABLE 5,000

USTA MIDWEST TENNIS AND EDUCATION FOUNDATION

1310 E 96TH ST 100
INDIANAPOLIS,IN46240 		N/A PC CHARITABLE 5,000

ST JUDE RESEARCH HOSPITAL

262 DANNY THOMAS PLAZA
MEMPHIS,TN38105 		N/A PC CHARITABLE 200

ST PHILIP NERI CATHOLIC SCHOOL

2110 E 72ND ST
CHICAGO,IL60649 		N/A PC CHARITABLE 5,000

THE SIERRA CLUB FOUNDATION

2101 WEBSTER ST SUITE 1250
OAKLAND,CA94612 		N/A PC CHARITABLE 5,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		N/A PC CHARITABLE 10,000

SALVATION ARMY CHICAGO BRANCH

20 SOUTH CAMPELL AVENUE
CHICAGO,IL60612 		N/A PC CHARITABLE 5,000

SHRINERS HOSPITAL FOR CHILDREN

2900 N ROCKY POINT DRIVE
TAMPA,FL33607 		N/A PC CHARITABLE 8,000

DELTA WATERFOWL FOUNDATION

1412 BASIN AVE
BISMARCK,ND58504 		N/A PC CHARITABLE 100,000

HILLSDALE COLLEGE

33 E COLLEGE ST
HILLSDALE,MI49242 		N/A PC CHARITABLE 500,000

ILLINOIS CONSERVATION FOUNDATION

ONE NATURAL RESOURCES WAY
SPRINGFIELD,IL62702 		N/A PC CHARITABLE 50,000

MORRIS HOSPITAL FOUNDATION

150 WEST HIGH STREET
MORRIS,IL60450 		N/A PC CHARITABLE 100,000

THE LEADERSHIP INSTITUTE

1101 N HIGHLAND ST
ARLINGTON,VA22201 		N/A PC CHARITABLE 100,000

WETLANDS INITIATIVE

53 W JACKSON BLVD 1015
CHICAGO,IL60604 		N/A PC CHARITABLE 250,000

MAX MCGRAW WILDLIFE FNDTN

14N322 IL-25
DUNDEE TOWNSHIP,IL60118 		N/A PC CHARITABLE 1,000,000

US SPORTSMEN'S ALLIANCE

801 KINGSMILL PARKWAY
COLUMBUS,OH43229 		N/A PC CHARITABLE 100,000

THE PHOENIX CHILDRENS FOUNDATION

2929 E CAMELBACK ROAD SUITE 122
PHOENIX,AZ85016 		N/A PC CHARITABLE 25,000
Total .................................right arrow 3a 10,275,400
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 5,108,944  
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 .....     14 2,392  
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 9,493 18 2,410,120  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aPASSTHROUGH K-1 INCOME 		901101 66,571 14 255,791  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 76,064 7,777,247 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
7,853,311
(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
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
2023
Name of the organization
DAVID F & MARGARET T GROHNE
FAMILY FOUNDATION
Employer identification number

36-4061509
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) (2023)
Schedule B (Form 990) (2023) Page 2
Name of organization
DAVID F & MARGARET T GROHNE
FAMILY FOUNDATION 		Employer identification number
36-4061509
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
DAVID GROHNE
4908 LAWN AVENUE
 
WESTERN SPRINGS, IL60558

$ 1,500,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
MARGARET GROHNE
4908 LAWN AVENUE
 
WESTERN SPRINGS, IL60558

$ 1,500,000


(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) (2023)
Schedule B (Form 990) (2023)
Page 3
Name of organization
DAVID F & MARGARET T GROHNE
FAMILY FOUNDATION 		Employer identification number

36-4061509
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) (2023)
Schedule B (Form 990) (2023)
Page 4
Name of organization
DAVID F & MARGARET T GROHNE
FAMILY FOUNDATION 		Employer identification number

36-4061509
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) (2023)
Additional Data


Software ID:  
Software Version:  

TY 2023 AccountingFeesSchedule
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
RETURN PREPARATION AND TAX COMPLIANCE 51,608 0 0 51,608

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

TY 2023 GainLossSaleOtherAssetsSch
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Name Date Acquired How Acquired Date Sold Purchaser Name Gross Sales Price Basis Basis Method Sales Expenses Total (net) Accumulated Depreciation
PASSTHROUGH K-1 CAPITAL GAIN/LOSS - UBTI   PURCHASED     9,493   COST 0 9,493  

TY 2023 InvestmentsCorpBondsSchedule
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Name of Bond End of Year Book Value End of Year Fair Market Value
100,000 UNITS INTERNATIONAL BUSINESS MACHS CORP 7.0% 105,073 104,125
100,000 UNITS NVIDIA CORP 1.55% 99,745 89,583
100,000 UNITS UNILEVER CAP CORP 1.375% 99,935 82,555
125,000 UNITS MEAD JOHNSON NUTRITION CO 4.125% 129,313 123,293
125,000 UNITS PRUDENTIAL FINL INC MEDIUM TERM 125,089 116,524
125,000 UNITS TEXAS INSTRS INC. 1.375% 125,907 120,225
130,000 UNITS STATE STREET CORP 1.746% 130,000 124,931
150,000 UNITS COCA COLA CO 1.45% 150,492 137,141
150,000 UNITS MORGAN STANLEY 1.593% 150,185 138,267
150,000 UNITS NIKE INC 2.4% 152,521 145,878
150,000 UNITS SIMON PPTY GROUP LP 2.45% 146,521 133,658
175,000 UNITS AMERICAN HONDA FIN CORP MED TERM 175,018 158,640
175,000 UNITS DISNEY WALT CO 3.8% 190,804 170,182
175,000 UNITS GENERAL DYNAMICS CORP 2.25% 175,459 152,352
175,000 UNITS SCHWAB CHARLES CORP NEW 2.3% 174,659 146,371
175,000 UNITS TOYOTA MTR CORP 1.339% 175,000 163,148
180,000 UNITS NSTAR ELEC CO 1.95% 179,124 147,395
200,000 UNITS FEDERAL HOME LN MTG CORP 0.375% 07/21/25 199,742 187,981
200,000 UNITS FNMA TRANCHE .375% 199,692 187,021
200,000 UNITS GOLDMAN SACHS GROUP INC 1.992% 200,000 161,882
200,000 UNITS IBM CORP 4.15% 199,740 197,738
205,000 UNITS ERP OPERATING LP 1.85% 204,000 168,450
205,000 UNITS HONEYWELL INTL INC 1.75% 204,510 171,371
210,000 UNITS ANALOG DEVICES INC 1.7% 209,777 186,405
210,000 UNITS SALESFORCE.COM INC 1.5% 209,528 187,012
215,000 UNITS PUBLIC STORAGE 1.95% 215,295 191,742
215,000 UNITS TARGET CORP 1.95% 215,110 200,721
215,000 UNITS WESTPAC BKG CORP 1.953% 215,000 190,679
225,000 UNITS AUTOMATIC DATA PROCESSING INC 1.25% 224,429 187,561
225,000 UNITS COMCAST CORP NEW 1.95% 224,889 190,104
225,000 UNITS MASTERCARD INC. 2.0% 224,074 190,108
225,000 UNITS S&P GLOBAL INC 1.25% 224,673 184,466
230,000 UNITS AMAZON COM INC. 3.6% 229,579 219,462
230,000 UNITS ARCHER DANIELS MIDLAND CO 2.9% 229,524 204,813
230,000 UNITS CITIGROUP INC 3.29% 230,000 223,946
230,000 UNITS CME GROUP INC 2.65%% 229,569 204,859
230,000 UNITS STANLEY BLACK & DECKER INC 3.0% 229,549 198,692
235,000 UNITS INTERCONTINENTAL EXCHANGE INC 4.0% 235,000 231,083
235,000 UNITS PAYPAL HOLDINGS INC 3.9% 235,129 231,156
235,000 UNITS TRUIST FINL CORP SR MED TERM 4.123% 235,000 226,445
235,000 UNITS UNITEDHEALTH GROUP INC 4.2% 231,085 230,379
240,000 UNITS PROGRESSIVE CORP OH 2.5% 239,909 225,350
25,000 UNITS 3M CO 2.65% 24,980 24,220
250,000 UNITS BRISTOL MYERS SQUIBB CO 1.45% 249,870 205,652
250,000 UNITS COLGATE-PALMOLIVE CO 3.1% 250,283 241,435
250,000 UNITS FEDERAL HOME LN BKS 0.500% 04/14/25 250,330 237,490
250,000 UNITS HOME DEPOT INC 4.5% 249,703 255,488
250,000 UNITS INTEL CORP 4.0% 249,380 246,314
250,000 UNITS JP MORGAN CHASE & CO 4.912% 250,417 247,580
250,000 UNITS PACCAR FINL CORP MEDIUM TERM SR NTS 1.8% 250,903 242,002
265,000 UNITS BERKSHIRE HATHAWAY FIN CORP 2.875% 264,907 239,329
300,000 UNITS AIR PRODS & CHEMS INC 1.85% 307,176 276,716
300,000 UNITS ALPHABET INC 1.1% 299,178 248,904
300,000 UNITS NVIDIA CORP 2.85% 321,276 277,899
350,000 UNITS ORACLE CORP 2.5% 357,746 338,389
60,000 UNITS BURLINGTON NORTH SANTA FE CORP 7.0% 63,437 62,672
60,000 UNITS PHARMACIA CORP DED 6.6% 67,145 65,414
85,000 UNITS STATE STREET CORP VAR RT 85,000 77,989
255,000 UNITS BANK MONTREAL QUE 5.203% 254,990 259,945
250,000 UNITS PROCTER & GAMBLE CO 3.95% 249,743 249,810
230,000 UNITS BANK OF NOVA SCOTIA 4.85% 230,204 229,830
265,000 UNITS AMERIPRISE FINANCIAL INC 5.15% 264,356 273,652
275,000 UNITS BANK OF AMERICA CORPORATION 5.202% 275,000 276,926
280,000 UNITS CANADIAN IMPERIAL BANK OF COMM 5.001% 280,000 281,841
275,000 UNITS AMERICAN EXPRESS CO 5.043% 275,000 275,089
280,000 UNITS APPLE INC 4.0% 279,460 279,602
275,000 UNITS CATERPILLAR FINANCIAL SERVICES LTD 4.35% 274,871 274,504
280,000 UNITS TORONTO DOMINION BANK 5.532% 280,000 285,436
280,000 UNITS METLIFE INC 5.375% 284,138 292,486
280,000 UNITS ROYAL BK CDA GLOBAL MEDIUM TERM SR BK NT 5.2% 279,871 285,871
290,000 UNITS DEER JOHN CAP CORP MEDIUM TERM NTS 5.15% 289,794 295,351
285,000 UNITS BANK NEW YORK MELLON CORP MEDIUM TERM SRNT BOOK ENTRY 6.317% 285,000 303,016
290,000 UNITS PEPSICO INC 5.125% 289,922 296,245
UNAMORTIZED BOND PREMIUM 602 0

TY 2023 InvestmentsCorpStockSchedule
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Name of Stock End of Year Book Value End of Year Fair Market Value
COMMODITIES 3,907,715 5,600,281
FIXED INCOME SECURITIES - COPORATE/GOVERNMENT 11,162,824 12,150,694
FIXED INCOME SECURITIES - OTHER BONDS 8,736,904 8,007,414
INTERNATIONAL DEVELOPED - EQUITY SECURITIES 15,110,597 20,415,294
INTERNATIONAL EMERGING - EQUITY SECURITIES 1,540,273 1,619,595
LARGE CAP - EQUITY SECURITIES 39,307,121 64,311,209
MID CAP - EQUITY SECURITIES 2,331,938 2,689,524
SMALL CAP - EQUITY SECURITIES 10,560,868 11,521,433

TY 2023 InvestmentsGovtObligationsSch
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
US Government Securities - End of Year Book Value:

15,449,969
US Government Securities - End of Year Fair Market Value:

15,427,648
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:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GLOBAL EMERGING MKTS FUND AT COST 4,924,197 5,431,381
PRIVATE EQUITY CORE FUND (QP) VII (OFFSHORE). L.P. AT COST 2,324,179 6,130,345
PRIVATE EQUITY CORE FUND (QP) VIII (OFFSHORE). L.P. AT COST 3,773,000 5,319,621
PRIVATE EQUITY CORE FUND VI, L.P. AT COST 3,206,922 6,794,813
TACOPPS FEEDER FUND I (OFFSHORE) LP AT COST 1,776,710 2,920,808

TY 2023 OtherExpensesSchedule
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
STATE FILING FEES 15 0 0 15
PASSTHROUGH K-1 EXPENSES 208,041 183,798 0 0
OTHER INVESTMENT EXPENSES 19,410 19,410 0 0


TY 2023 OtherIncomeSchedule2
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
MFO BLACKROCK FDS V HIGH YIELD BD PORT INSTLCL 2,392 2,392  
PASSTHROUGH K-1 INCOME 322,362 254,788 0


TY 2023 OtherProfessionalFeesSchedule
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT ADVISORY SERVICES 407,852 407,852 0 0


TY 2023 TaxesSchedule
Name:
DAVID F & MARGARET T GROHNE
 
FAMILY FOUNDATION
EIN:
36-4061509
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME 167,000 0 0 0
FOREIGN TAX 54,438 54,438 0 0
STATE TAX ON INVESTMENT INCOME 1,032 0 0 0