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
SARGENT FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)P O BOX 620
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
WINNETKA, IL60093
A Employer identification number

35-7011349
B Telephone number (see instructions)

(847) 234-5000
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$43,785,266J 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) 20,000,000
2 Check right arrow.............
3 Interest on savings and temporary cash investments 103,911 103,911  
4 Dividends and interest from securities... 936,250 936,250  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 126,148
b Gross sales price for all assets on line 6a 2,434,693
7 Capital gain net income (from Part IV, line 2)... 308,213
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
2,146 2,146  
12 Total. Add lines 1 through 11........ 21,168,455 1,350,520  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
170,000 170,000   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
31,148 16,148   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
218,100 213,115   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 419,248 399,263   0
25 Contributions, gifts, grants paid....... 1,075,000 1,075,000
26 Total expenses and disbursements. Add lines 24 and 25 1,494,248 399,263   1,075,000
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 19,674,207
b Net investment income (if negative, enter -0-) 951,257
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.............      
2 Savings and temporary cash investments......... 816,145 4,183,418 4,183,418
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)      
b Investments—corporate stock (attach schedule)....... 10,313,645 Click to see attachment
List of Attached Documents:
// Content
18,222,933 		23,044,932
c Investments—corporate bonds (attach schedule).......      
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).......... 7,366,802 Click to see attachment
List of Attached Documents:
// Content
15,946,513 		16,556,916
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) 18,496,592 38,352,864 43,785,266
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 18,496,592 38,352,864
29 Total net assets or fund balances (see instructions)..... 18,496,592 38,352,864
30 Total liabilities and net assets/fund balances (see instructions). 18,496,592 38,352,864
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
18,496,592
2
Enter amount from Part I, line 27a .....................
2
19,674,207
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
182,065
4
Add lines 1, 2, and 3 ..........................
4
38,352,864
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
38,352,864
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 NORTHERN TRUST 4489147 P 2023-01-01 2023-06-30
b NORTHERN TRUST 4489147 P 2022-01-01 2023-06-30
c NORTHERN TRUST 2660483 P 2023-01-01 2023-06-30
d NORTHERN TRUST 2660483 P 2022-01-01 2023-06-30
e NORTHERN TRUST 2660897 P 2023-01-01 2023-06-30
NORTHERN TRUST 2660897 P 2022-01-01 2023-06-30
NORTHERN TRUST 2660898 P 2023-01-01 2023-06-30
NORTHERN TRUST 2660898 P 2022-01-01 2023-06-30
NORTHERN TRUST 4489790 P 2023-01-01 2023-06-30
NORTHERN TRUST 4489790 P 2022-01-01 2023-06-30
PRIVATE EQUITY CORE FUND IX, LP P 2022-01-01 2023-06-30
PRIVATE EQUITY CORE FUND VI, LP P 2023-01-01 2023-06-30
PRIVATE EQUITY CORE FUND VI, LP P 2022-01-01 2023-06-30
PRIVATE EQUITY CORE FUND VII, LP P 2023-01-01 2023-06-30
PRIVATE EQUITY CORE FUND VII, LP P 2022-01-01 2023-06-30
PRIVATE EQUITY CORE FUND VIII, LP P 2023-01-01 2023-06-30
PRIVATE EQUITY CORE FUND VIII, LP P 2022-01-01 2023-06-30
PRIVATE EQUITY CORE FUND V, LP P 2023-01-01 2023-06-30
PRIVATE EQUITY CORE FUND V, LP P 2022-01-01 2023-06-30
PRIVATE EQUITY CORE FUND IX, LP P 2023-01-01 2023-06-30
CAPITAL GAINS DIVIDENDS 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 43,770   49,272 -5,502
b 281,301   285,558 -4,257
c 2,229   2,229 0
d 816,781   742,775 74,006
e 26,225   35,075 -8,850
175,193   140,552 34,641
207,737   218,219 -10,482
351,557   295,118 56,439
166,176   197,374 -31,198
181,633   159,845 21,788
8,203     8,203
828     828
50,597     50,597
1,354     1,354
46,715     46,715
55     55
22,002     22,002
    371 -371
38,314     38,314
    92 -92
14,023     14,023
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       -5,502
b       -4,257
c       0
d       74,006
e       -8,850
      34,641
      -10,482
      56,439
      -31,198
      21,788
      8,203
      828
      50,597
      1,354
      46,715
      55
      22,002
      -371
      38,314
      -92
      14,023
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 2 308,213
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 13,222
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 13,222
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 13,222
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 19,635
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 20,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 39,635
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. 8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 26,413
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow26,413 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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
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 arrowGEORGE E SARGENT Telephone no.right arrow (847) 234-5000

Located atright arrow1500 TOWER ROADWINNETKAIL ZIP+4right arrow60093
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
GEORGE E SARGENT DIRECTOR
2.00 		0 0 0
1500 TOWER ROAD
WINNETKA,IL60602
CHRISTINA S DONOHUE DIRECTOR
2.00 		0 0 0
6123 STARLING WAY
SANIBEL,FL33957
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
TOWER CAPITAL LLC MANAGEMENT FEES 140,000
1500 TOWER ROAD
WINNETKA,IL60093
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
26,118,806
b
Average of monthly cash balances.......................
1b
3,308,653
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
29,427,459
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
29,427,459
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
441,412
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
28,986,047
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,449,302
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
1,449,302
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
13,222
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
13,222
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,436,080
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,436,080
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
1,436,080
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
1,075,000
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
1,075,000
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 1,436,080
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 1,074,783
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$ 1,075,000
a Applied to 2022, but not more than line 2a 1,074,783
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..... 217
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 .......... 		1,435,863
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 email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (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

ACCESS LIVING

115 WEST CHICAGO AVENUE
CHICAGO,IL60654 		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,000

ADLER PLANETARIUM

1300 SOUTH LAKE SHORE DRIVE
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

AMERICAN FUND FOR SUICIDE PREVENTION

199 WATER STREET 11TH FLOOR
NEW YORK,NY10038 		NONE PUBLIC CHARITY GENERAL OPERATIONS 3,000

AMERICAN RED CROSS

PO BOX 4002018
DES MOINES,IA503402018 		NONE PUBLIC CHARITY GENERAL OPERATIONS 18,000

ART INSTITUTE OF CHICAGO

111 S MICHIGAN AVENUE
CHICAGO,IL606036404 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

BIRCH CREEK

PO BOX 230
EGG HARBOR,WI542090230 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

BOYS HOPE GIRLS HOPE OF ILLINOIS

1100 LARAMIE AVENUE
WILMETTE,IL60091 		NONE PUBLIC CHARITY GENERAL OPERATIONS 50,000

CROW

3883 SANIBEL CAPTIVA ROAD
SANIBEL,FL33957 		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000

CATHOLIC CHARITIES

721 N LASALLE
CHICAGO,IL60654 		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,000

CHI ARTS

521 E 35TH STREET
CHICAGO,IL60616 		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000

CHICAGO BOTANIC GARDENS

1000 LAKE COOK ROAD
GLENCOE,IL600221169 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

CHICAGO COALITION FOR THE HOMELESS

70 E LAKE STREET SUITE 720
CHICAGO,IL60601 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

CHICAGO HISTORICAL SOCIETY

1601 N CLARK STREET
CHICAGO,IL606149963 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

CHICAGO MARITIME SOCIETY

1200 WEST 35TH STREET STE OE-5010
CHICAGO,IL60609 		NONE PUBLIC CHARITY GENERAL OPERATIONS 36,000

CHICAGO PHILHARMONIC

401 SOUTH LASALLE ST STE 1600-J
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL OPERATIONS 12,000

CHICAGO SINFONIETTA

70 EAST LAKE ST STE 1430
CHICAGO,IL60601 		NONE PUBLIC CHARITY GENERAL OPERATIONS 7,000

CHICAGO SYMPHONY ORCHESTRA

220 SOUTH MICHIGAN AVE
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL OPERATIONS 120,000

CHICAGO YOUTH SYMPHONY ORCHESTRA

410 S MICHIGAN AVE STE 833
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

CRADLE FOUNDATION

2049 RIDGE AVENUE
EVANSTON,IL60201 		NONE PUBLIC CHARITY GENERAL OPERATIONS 24,000

CRISTO REY JESUIT HIGH SCHOOL

1852 WEST 22ND PLACE
CHICAGO,IL60608 		NONE PUBLIC CHARITY GENERAL OPERATIONS 36,000

DING' DARLING WILDLIFE SOCIETY

PO BOX 565
SANIBEL,FL33957 		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000

DOOR COUNTY YMCA

1900 MICHIGAN STREET
STURGEON BAY,WI54235 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

ERIKSON INSTITUTE

451 N LASALLE STREET
CHICAGO,IL60654 		NONE PUBLIC CHARITY GENERAL OPERATIONS 24,000

EVERFREE

31678 DEL OBISPO STREET 118-370
SAN JUAN CAPITSTRANO,CA92675 		NONE PUBLIC CHARITY GENERAL OPERATIONS 12,000

FISH OF SANIBEL-CAPTIVA INC

2430 PERIWINKLE WAY
SANIBEL,FL33957 		NONE PUBLIC CHARITY GENERAL OPERATIONS 20,000

GOODMAN THEATER

170 N DEARBORN
CHICAGO,IL60601 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

GREATER CHICAGO FOOD DEPOSITORY

4100 WEST ANN LURIE PLACE
CHICAGO,IL60632 		NONE PUBLIC CHARITY GENERAL OPERATIONS 15,000

HADLEY INSTITUTE FOR THE BLIND AND VISUALLY IMPAIRED

700 ELM STREET
WINNETKA,IL60093 		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000

HARRIS THEATER FOR MUSIC & DANCE

205 E RANDOLPH DR
CHICAGO,IL60601 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

HAVEN YOUTH & FAMILY SERVICES

825 GREEN BAY RD SUITE 200
WILMETTE,IL60091 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

HOOVED ANIMAL HUMANE SOCIETY

10714 MCCONNELL ROAD
WOODSTOCK,IL60098 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

HOPE AT NORTHWESTERN MEMORIAL FOUNDATION

251 E HURON ST SUITE 3-200
CHICAGO,IL60611 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

HOUSING OPPORTUNITY DEVELOPMENT CORP

PO BOX 480
TECHNY,IL60082 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

JUDD GOLDMAN ADAPTIVE SAILING FOUNDATION

875 N MICHIGAN AVENUE STE 3718
CHICAGO,IL60611 		NONE PUBLIC CHARITY GENERAL OPERATIONS 8,000

LEAGUE OF AMERICAN ORCHESTRAS

33 WEST 60TH STREET 5TH FLOOR
NEW YORK,NY10023 		NONE PUBLIC CHARITY GENERAL OPERATIONS 131,000

LINCOLN PARK ZOO

2001 N CLARK
CHICAGO,IL60614 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

LOYOLA ACADEMY

1100 LARAMIE AVENUE
WILMETTE,IL60091 		NONE PUBLIC CHARITY GENERAL OPERATIONS 50,000

LURIE CHILDREN'S HOSPITAL

225 E CHICAGO AVENUE
CHICAGO,IL60611 		NONE PUBLIC CHARITY GENERAL OPERATIONS 40,000

LYRIC OPERA OF CHICAGO

20 N UPPER WACKER DRIVE
CHICAGO,IL60606 		NONE PUBLIC CHARITY GENERAL OPERATIONS 30,000

MERCY HOME FOR BOYS & GIRLS

1140 W JACKSON BOULEVARD
CHICAGO,IL60607 		NONE PUBLIC CHARITY GENERAL OPERATIONS 18,000

MERIT SCHOOL OF MUSIC

38 SOUTH PEORIA STREET
CHICAGO,IL60607 		NONE PUBLIC CHARITY GENERAL OPERATIONS 40,000

MISERCORDIA

6300 NORTH RIDGE AVENUE
CHICAGO,IL606601017 		NONE PUBLIC CHARITY GENERAL OPERATIONS 25,000

MUSEUM OF SCIENCE & INDUSTRY

5700 S LAKE SHORE DRIVE
CHICAGO,IL60637 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

MUSIC INSTITUTE OF CHICAGO PATRON SOCIETY

1702 SHERMAN AVENUE
EVANSTON,IL602013713 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

NATIONAL OUTDOOR LEADERSHIP SCHOOL

284 LINCOLN STREET
LANDER,WY82520 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

NATURE'S FARM CAMP

3114 N SAWYER 200
CHICAGO,IL60618 		NONE PUBLIC CHARITY GENERAL OPERATIONS 18,000

NORTHWESTERN SETTLEMENT

1400 W AUGUSTA BLVD
CHICAGO,IL60642 		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000

PAT TILLMAN FOUNDATION

222 W MERCHANDISE MART PLAZA
CHICAGO,IL60654 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

PENINSULA PLAYERS

4351 PENINSULA PLAYERS RD
FISH CREEK,WI54212 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

PENINSULA SCHOOL OF ART

PO BOX 304
FISH CREEK,WI54212 		NONE PUBLIC CHARITY GENERAL OPERATIONS 45,000

PEOPLES MUSIC SCHOOL

931 W EASTWOOD AVE
CHICAGO,IL60640 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

RAVINIA FESTIVAL ASSOCIATION

418 SHERIDAN ROAD
HIGHLAND PARK,IL600359712 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

SANIBEL-CAPTIVA CONSERVATION FOUNDATION

3333 SANIBEL-CAPTIVA ROAD
SANIBEL,FL33957 		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000

SHEDD AQUARIUM

1200 S LAKE SHORE DRIVE
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

SPHINX ORGANIZATION

400 RENAISSANCE CENTER 2550
DETROIT,MI48243 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

THE FIELD MUSEUM

1400 S LAKE SHORE DRIVE
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

THE HEIGHTS FOUNDATION

15570 HAGIE DRIVE
FORT MYERS,FL33908 		NONE PUBLIC CHARITY GENERAL OPERATIONS 10,000

THE NIGHT MINISTRY

4711 N RAVENSWOOD AVE
CHICAGO,IL60640 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

THE SOLTI FOUNDATION

1555 SHERMAN AVE 310
EVANSTON,IL60201 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

THE WATERSHED

1245 HARTREY AVE
EVANSTON,IL60202 		NONE PUBLIC CHARITY GENERAL OPERATIONS 3,000

THIRD COAST PERCUSSION

4045 NORTH ROCKWELL
CHICAGO,IL60618 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000

WELLESLEY COLLEGE

106 CENTRAL STREET
WELLESLEY,MA024818203 		NONE PUBLIC CHARITY GENERAL OPERATIONS 12,000

WOMEN'S BOARD OF NORTHWESTERN MEMORIAL HOSPITAL

541 N FAIRBANKS CT SUITE 800
CHICAGO,IL60611 		NONE PUBLIC CHARITY GENERAL OPERATIONS 6,000
Total .................................right arrow 3a 1,075,000
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 ........... 		    14 103,911  
4 Dividends and interest from securities ....     14 936,250  
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 2,146  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 126,148  
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 1,168,455 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
1,168,455
(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
SARGENT FAMILY FOUNDATION
 
Employer identification number

35-7011349
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
SARGENT FAMILY FOUNDATION
  		Employer identification number
35-7011349
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
CYNTHIA M SARGENT
P O BOX 399
 
CAPTIVA, FL33924

$ 20,000,000


(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.)
(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
SARGENT FAMILY FOUNDATION
  		Employer identification number

35-7011349
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
SARGENT FAMILY FOUNDATION
  		Employer identification number

35-7011349
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 InvestmentsCorpStockSchedule
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Name of Stock End of Year Book Value End of Year Fair Market Value
EQUITY SECURITIES NT 26-60483 13,546,955 17,134,895
EQUITY SECURITIES NT 26-60897 996,305 1,495,779
EQUITY SECURITIES NT 26-60898 1,905,125 2,325,727
EQUITY SECURITIES NT 44-89147 1,179,149 1,367,901
EQUITY SECURITIES NT 44-89790 595,399 720,630

TY 2023 InvestmentsOtherSchedule2
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
FIXED INCOME SECURITIES NT 26-60483 AT COST 13,898,607 13,503,733
NT PRIVATE EQUITY V AT COST 428,052 438,784
NT PRIVATE EQUITY VI AT COST 411,734 816,498
NT PRIVATE EQUITY VII AT COST 350,867 607,715
NT PRIVATE EQUITY VIII AT COST 445,309 636,640
NT PRIVATE EQUITY IX AT COST 411,944 553,546

TY 2023 OtherExpensesSchedule
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FILING FEES 15 0   0
INVESTMENT FEES NT 60483 31,672 31,672   0
INVESTMENT FEES NT 60897 8,987 8,987   0
INVESTMENT FEES NT 60898 4,108 4,108   0
INVESTMENT FEES NT 89147 7,399 7,399   0
INVESTMENT FEES NT 89790 4,357 4,357   0
K-1 NT PRIVATE EQUITY FUND IX INTEREST EXPENSE 16,579 16,579   0
K-1 NT PRIVATE EQUITY FUND IX INVESTMENT FEES 21,988 21,988   0
K-1 NT PRIVATE EQUITY FUND V INVESTMENT FEES 9,276 9,276   0
K-1 NT PRIVATE EQUITY FUND VI INVESTMENT FEES 13,839 13,839   0
K-1 NT PRIVATE EQUITY FUND VII INVESTMENT FEES 13,640 13,640   0
K-1 NT PRIVATE EQUITY FUND VIII INVESTMENT FEES 6,930 6,930   0
NON DEDUCTIBLE EXPENSES 420 0   0
POSTAGE AND DELIVERY 354 0   0
TELEPHONE 1,181 0   0
WEB DESIGN & MAINTENANCE 3,015 0   0
OPERATING 74,340 74,340   0


TY 2023 OtherIncomeSchedule2
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
NORTHERN TRUST # 26-60897 817 817 817
NORTHERN TRUST # 44-89790 28 28 28
NORTHERN TRUST # 26-60483 200 200 200
NORTHERN TRUST 26-60898 1,036 1,036 1,036
NORTHERN TRUST 26-89147 65 65 65


TY 2023 OtherIncreasesSchedule
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Description Amount
DIFFERENCE BETWEEN DONOR'S BASIS AND FMV ON THE DATE OF GIFT 182,065


TY 2023 OtherProfessionalFeesSchedule
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
MANAGEMENT FEES 140,000 140,000   0
SOFTWARE CONSULTING FEES 30,000 30,000   0


TY 2023 SubstantialContributorsSch
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Name Address
CYNTHIA M SARGENT P O BOX 399
CAPITVA,FL33924


TY 2023 TaxesSchedule
Name:
SARGENT FAMILY FOUNDATION
EIN:
35-7011349
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 16,148 16,148   0
FEDERAL TAXES PAID 15,000 0   0