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
HEALTHY COMMUNITIES FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)19 RIVERSIDE ROAD NO 6
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
RIVERSIDE, IL605462606
A Employer identification number

36-4324067
B Telephone number (see instructions)

(708) 443-5674
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$120,153,005J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments 178,278 178,278  
4 Dividends and interest from securities... 2,516,503 2,504,897  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 -696,714
b Gross sales price for all assets on line 6a 31,074,264
7 Capital gain net income (from Part IV, line 2)... 0
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
205,003 -67,538  
12 Total. Add lines 1 through 11........ 2,203,070 2,615,637  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 486,547 72,982   413,565
14 Other employee salaries and wages...... 817,757 0   814,086
15 Pension plans, employee benefits....... 378,005 21,151   329,315
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
318 0   868
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
53,730 0   51,230
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
929,385 156,836   81,260
17 Interest............... 71,010 65,848   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
12,695 12,572   230
19 Depreciation (attach schedule) and depletion... 107,721 0  
20 Occupancy.............. 78,925 0   83,778
21 Travel, conferences, and meetings....... 263,056 0   247,822
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
194,690 663,214   190,769
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 3,393,839 992,603   2,212,923
25 Contributions, gifts, grants paid....... 4,586,984 7,652,711
26 Total expenses and disbursements. Add lines 24 and 25 7,980,823 992,603   9,865,634
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -5,777,753
b Net investment income (if negative, enter -0-) 1,623,034
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............. 539,316 96,168 96,168
2 Savings and temporary cash investments......... 1,459,937 985,089 985,089
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.......... 16,335 15,642 15,642
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule).......      
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).......... 114,874,210 Click to see attachment
List of Attached Documents:
// Content
117,598,282 		117,598,282
14 Land, buildings, and equipment: basis right arrow651,064
Less: accumulated depreciation (attach schedule) right arrow381,762 377,023 Click to see attachment
List of Attached Documents:
// Content
269,302 		269,302
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
82,485 		Click to see attachment
List of Attached Documents:
// Content
1,188,522 		Click to see attachment
List of Attached Documents:
// Content
1,188,522
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 117,349,306 120,153,005 120,153,005
Liabilities 17 Accounts payable and accrued expenses.......... 116,437 134,891
18 Grants payable................. 4,185,375 1,119,648
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) Click to see attachment
List of Attached Documents:
// Content
136,504 		Click to see attachment
List of Attached Documents:
// Content
67,597
23 Total liabilities (add lines 17 through 22)......... 4,438,316 1,322,136
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........... 112,910,990 118,830,869
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........    
27 Paid-in or capital surplus, or land, bldg., and equipment fund    
28 Retained earnings, accumulated income, endowment, or other funds    
29 Total net assets or fund balances (see instructions)..... 112,910,990 118,830,869
30 Total liabilities and net assets/fund balances (see instructions). 117,349,306 120,153,005
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
112,910,990
2
Enter amount from Part I, line 27a .....................
2
-5,777,753
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
11,697,632
4
Add lines 1, 2, and 3 ..........................
4
118,830,869
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
118,830,869
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 ALLIED INVENTORS FUND, LLC P    
b ARGA EMERGING MARKETS EQUITY FUND P    
c ARGONAUT PRIVATE EQUITY IV, LP P    
d LITTLEJOHN FUND VI, LP P    
e LUMINATE CAPITAL PARTNERS II, LP P    
MEANINGFUL PARTNERS DC VEHICLE I, LP P    
PANGAEA TWO, LP P    
PUBLICLY TRADED SECURITIES      
QUESTA CAPITAL PARTNERS I, LP P    
RESOURCE LAND VALUE IV, LLC P    
SEEDING & STRATEGIC CAPITAL FUND II, LP P    
TRUEBRIDGE CAPITAL PARTNERS FUND VI (CAYMAN), LP P    
WELLINGTON TRUST CTF SMALL CAP OPPS PORTFOLIO P    
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       -5,806
b       150,840
c       -2,214
d       -737
e       15,426
      -1,095
      17,477
30,732,477   31,875,506 -1,143,029
      -102,286
      5,025
      41,583
      -2,785
      -14,626
341,787     341,787
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       -5,806
b       150,840
c       -2,214
d       -737
e       15,426
      -1,095
      17,477
      -1,143,029
      -102,286
      5,025
      41,583
      -2,785
      -14,626
      341,787
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 -700,440
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 22,560
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 22,560
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 22,560
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 151,731
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 10,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 161,731
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 10 139,171
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow139,171 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 arrowHCFDN.ORG
14
The books are in care ofright arrowELVA GONZALEZ Telephone no.right arrow (708) 443-4516

Located atright arrow19 RIVERSIDE ROAD SUITE 6RIVERSIDEIL ZIP+4right arrow605462606
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)
Yes
 
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
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
MARIA PESQUEIRA PRESIDENT
40.00 		283,711 42,557 600
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
AMALIA S RIOJA CHAIR, BOARD MEMBER
4.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
CRAIG HUFFMAN TREASURER, BOARD MEMBER
4.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
CARL BERGETZ VICE CHAIR, BOARD MEMBER
4.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
JOSEPH W MCINERNEY SECRETARY, BOARD MEMBER
4.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
GRACE HOU BOARD MEMBER
1.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
ELYSE FORKOSH CUTLER BOARD MEMBER
1.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
CHARLES W MULANEY JR BOARD MEMBER
1.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
ANNE MARIE MURPHY PHD BOARD MEMBER THRU 6/23
1.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
DR YESENIA YEPEZ BOARD MEMBER
1.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
CARONINA GRIMBLE BOARD MEMBER
1.00 		0 0 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
ELVA GONZALEZ CHIEF FINANCIAL OFFICER
40.00 		202,836 29,970 600
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
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
NORA GARCIA DIRECTOR OF PROGRAMS
40.00 		165,036 24,300 600
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
CHRISTINE M RAMIREZ SR. PROGRAM MGR OF H
40.00 		129,600 19,440 600
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
JACQUELINE A RODRIGUEZ COMMUNICATIONS DIREC
40.00 		117,720 17,658 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
JULIAN LAZALDE GRANTS & OPS MANAGER
40.00 		102,546 15,382 0
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
GILLIAN KNIGHT PROGRAM MGR OF LEARN
40.00 		91,800 13,770 528
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
Total number of other employees paid over $50,000...................right arrow 3
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
FIDUCIENT ADVISORS INVESTMENT ADVISORY FEES 116,102
500 W MADISON STREET SUITE 1700
CHICAGO,IL60661
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
114,535,129
b
Average of monthly cash balances.......................
1b
4,805,723
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
119,340,852
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
119,340,852
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,790,113
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
117,550,739
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
5,877,537
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
5,877,537
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
22,560
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
51,535
c
Add lines 2a and 2b............................
2c
74,095
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
5,803,442
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
5,803,442
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
5,803,442
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
9,865,634
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
9,865,634
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 5,803,442
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......  
c From 2020......  
d From 2021...... 2,636,852
e From 2022...... 3,640,553
f Total of lines 3a through e ........ 6,277,405
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 9,865,634
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..... 5,803,442
e Remaining amount distributed out of corpus 4,062,192
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 10,339,597
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 ...... 		10,339,597
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 2,636,852
d Excess from 2022.... 3,640,553
e Excess from 2023.... 4,062,192
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
MARIA PESQUEIRA
19 RIVERSIDE ROAD 6
RIVERSIDE,IL605462606
(708) 443-5674
MPESQUEIRA@HCFDN.ORG
bThe form in which applications should be submitted and information and materials they should include:
ONLINE GRANTS PORTAL: TO APPLY FOR FUNDING IN THE GRANT CYCLE, THE LOI AND SUBSEQUENT FULL APPLICATION (IF APPLICABLE) SHOULD BE SUBMITTED VIA OUR ONLINE GRANTS PORTAL, WIZEHIVE. APPLICANTS WITH AN EXISTING WIZEHIVE ACCOUNT WILL SEE THE FUNDING OPPORTUNITY ON THE HOMEPAGE. NEW APPLICANTS MUST CREATE AN ORGANIZATIONAL PROFILE BEFORE HAVING ACCESS TO THE CURRENT GRANT CYCLE. INSTRUCTIONS: SEE OUR WEBSITE AT HTTPS://HCFDN.ORG
cAny submission deadlines:
MAY 15; JUNE 15; JULY 15; AUG. 15; END OF AUG.-SEPT; DEC. DETAILS ON HTTPS://HCFDN.ORG
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
GRANT ELIGIBILITY-WHO WE FUND: NONPROFIT ORGANIZATIONS THAT ARE EXEMPT FROM FEDERAL INCOME TAX UNDER PROVISIONS OF SECTION 501(C)(3) OF THE IRS CODE. ORGANIZATIONS THAT ARE NOT TAX EXEMPT MAY APPLY WITH A FISCAL AGENT. FOR AN ORGANIZATION TO BE ELIGIBLE, AT LEAST 20% OF TOTAL INDIVIDUALS SERVED MUST LIVE IN OUR SERVICE REGION. FOR HOSPITALS AND UNIVERSITY SYSTEMS WITH OPERATING BUDGETS GREATER THAN $10 MILLION, WE WILL ONLY AWARD PROJECT SUPPORT GRANTS FOR INITIATIVES LOCATED WITHIN OUR SERVICE REGION WHICH DEMONSTRATE A STRATEGIC PARTNERSHIP WITH AND STRONG COMMITMENT TO LOCAL COMMUNITY PARTNER(S). WHAT WE DO NOT FUND: BUSINESSES CAPITAL CAMPAIGNS, GOVERNMENT ENTITIES, INDIVIDUALS, NATIONAL ORGANIZATIONS NOT FOCUSED ON OUR SERVICE REGION, PARTISAN POLITICAL ACTIVITIES, RELIGIOUS ACTIVITIES, SCHOLARSHIPS, SCHOOL DISTRICTS & INDIVIDUAL SCHOOLS (INCLUDING PTOS). GENERALLY, WE DO NOT FUND MORE THAN 10% OF AN ORG.S OPERATING BUDGET. ONLY CAPITAL EXP. FOR MTLS. CONSIDERED FOR FUNDING.
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

A BLESSING HAND

3238 W 64TH STREET
CHICAGO,IL60629 		N/A PC GENERAL OPERATING SUPPORT - HEALTH FAIR 2,500

A HOUSE IN AUSTIN

533 N PINE AVE
CHICAGO,IL60644 		N/A PC GENERAL OPERATING SUPPORT - RESILIENCE 5,000

ADLER UNIVERSITY

17 N DEARBORN ST 15TH FLOOR
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT 25,000

AGING CARE CONNECTIONS

111 W HARRIS AVENUE
LA GRANGE,IL60525 		N/A PC GENERAL OPERATING SUPPORT - COMMUNITY HEALTH CARE WORKERS 28,923

ALIVIO MEDICAL CENTER

966 W 21ST ST
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 200,000

ALIVIO MEDICAL CENTER

966 W 21ST ST
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT - COMMUNITY HEALTH WORKERS 56,642

ALL OUR CHILDREN'S ADVOCACY CENTER

8651 S 79TH AVE
JUSTICE,IL60458 		N/A PC GENERAL OPERATING SUPPORT 35,000

ALLIANCE TO END HOMELESSNESS IN SUBURBAN COOK COUNTY

4415 HARRISON STREET SUITE 228
HILLSIDE,IL601621904 		N/A PC GENERAL OPERATING SUPPORT 35,000

ARAB AMERICAN FAMILY SERVICES

7000 W 111TH STSUITE 300
WORTH,IL60482 		N/A PC GENERAL OPERATING SUPPORT 200,000

ARISE CHICAGO

1700 W HUBBARD ST SUITE 2E
CHICAGO,IL60622 		N/A PC GENERAL OPERATING SUPPORT 50,000

AUSTIN COMING TOGETHER

5049 W HARRISON ST
CHICAGO,IL60644 		N/A PC GENERAL OPERATING SUPPORT 75,000

BEDS PLUS CARE INC

9601 OGDEN AVENUE
LA GRANGE,IL60525 		N/A PC GENERAL OPERATING SUPPORT 76,000

BEDS PLUS CARE INC

9601 OGDEN AVENUE
LA GRANGE,IL60525 		N/A PC GENERAL OPERATING SUPPORT - COMMUNITY HEALTH WORKERS 38,006

BEYOND HUNGER

848 LAKE STREET
OAK PARK,IL60301 		N/A PC GENERAL OPERATING SUPPORT 50,000

BLACK UNITED FUND OF ILLINOIS INC

1809 E 71ST STREET 200
CHICAGO,IL60649 		N/A PC GENERAL OPERATING SUPPORT 1,000

BLACKROOTS ALLIANCE

601 S CALIFORNIA AVE
CHICAGO,IL60612 		N/A PC GENERAL OPERATING SUPPORT 45,000

BORDERLESS MAGAZINE

4753 N BROADWAY 2ND FLOOR
CHICAGO,IL60640 		N/A PC GENERAL OPERATING SUPPORT 40,000

BRIGHTON PARK NEIGHBORHOOD COUNCIL

4477 S ARCHER AVE
CHICAGO,IL60632 		N/A PC GENERAL OPERATING SUPPORT 200,000

BUILD INC

5100 W HARRISON STREET
CHICAGO,IL60644 		N/A PC GENERAL OPERATING SUPPORT 201,000

CASA CENTRAL SOCIAL SERVICES CORPORATION

1343 N CALIFORNIA AVE
CHICAGO,IL60622 		N/A PC GENERAL OPERATING SUPPORT 55,000

CATHOLIC CHARITIES OF ARCHDIOCESE CHICAGO

721 NORTH LASALLE STREET
CHICAGO,IL60654 		N/A PC GENERAL OPERATING SUPPORT 1,000

CENTER FOR INDEPENDENCE THROUGH CONDUCTIVE EDUCATION INC

100 W PLAINFIELD RD STE 100
COUNTRYSIDE,IL60525 		N/A PC GENERAL OPERATING SUPPORT 50,000

CENTRO SANAR

5013 S HERMITAGE AVE
CHICAGO,IL60609 		N/A PC GENERAL OPERATING SUPPORT 60,000

CHICAGO CARES INC

641 W LAKE STREET
CHICAGO,IL60661 		N/A PC GENERAL OPERATING SUPPORT - STRATEGIC INITIATIVE GRANT 60,000

CHICAGO COMMONS

515 EAST 50TH STREET
CHICAGO,IL60615 		N/A PC GENERAL OPERATING SUPPORT 25,000

CHICAGO COMMUNITY AND WORKERS' RIGHTS

2801 S HAMLIN AVENUE
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 50,000

CHICAGO WORKERS COLLABORATIVE

1914 S ASHLAND AVENUE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 50,000

CHI-CARES

374 LOVELAND DRIVE
GLENDALE HEIGHTS,IL60139 		N/A PC GENERAL OPERATING SUPPORT 50,000

CICERO INDEPENDIENTE

1937 S 50TH AVE
CICERO,IL60804 		N/A PC GENERAL OPERATING SUPPORT 35,000

COALITION FOR SPIRITUAL AND PUBLIC LEADERSHIP

1701 S 1ST AVE SUITE 407
MAYWOOD,IL60153 		N/A PC GENERAL OPERATING SUPPORT 60,000

COMMUNITYHEALTH

2611 WEST CHICAGO AVENUE
CHICAGO,IL60622 		N/A PC GENERAL OPERATING SUPPORT 150,103

CORAZON COMMUNITY SERVICES

5339 WEST 25TH STREET
CICERO,IL60804 		N/A PC GENERAL OPERATING SUPPORT 75,000

DEVICES 4 THE DISABLED (D4D)

2743 W 36TH PLACE UNIT D
CHICAGO,IL60632 		N/A PC GENERAL OPERATING SUPPORT 35,000

DION'S CHICAGO DREAM

180 N WINDMERE CIRCLE
MATTSON,IL60443 		N/A PC GENERAL OPERATING SUPPORT 40,000

EL VALOR

1850 W 21ST ST
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 75,000

ENLACE CHICAGO

2756 S HARDING AVE
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 200,000

EQUAL HOPE

300 SOUTH ASHLAND AVENUE
OAK PARK,IL60607 		N/A PC GENERAL OPERATING SUPPORT 175,500

EQUITICITY

1655 S BLUE ISLAND AVE 753
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 51,000

ERIE NEIGHBORHOOD HOUSE

1701 W SUPERIOR ST
CHICAGO,IL60622 		N/A PC GENERAL OPERATING SUPPORT 201,000

ESPERANZA HEALTH CENTER

2001 S CALIFORNIA AVE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 202,000

EVERTHRIVE ILLINOIS

1006 S MICHIGAN AVE SUITE 200
CHICAGO,IL60605 		N/A PC GENERAL OPERATING SUPPORT 60,000

FAMILY FOCUS

310 S PEORIA ST SUITE 301
CHICAGO,IL60607 		N/A PC GENERAL OPERATING SUPPORT 90,000

FAMILY SERVICE AND MENTAL HEALTH CENTER OF CICERO

5341 W CERMAK ROAD
CICERO,IL60804 		N/A PC GENERAL OPERATING SUPPORT 130,000

GADS HILL CENTER

1919 W CULLERTON
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 200,100

GARDENEERS

3414 W ROOSEVELT RD
CHICAGO,IL60624 		N/A PC GENERAL OPERATING SUPPORT 30,000

GREATER CHICAGO FOOD DEPOSITORY

4100 WEST ANN LURIE PLACE
CHICAGO,IL60632 		N/A PC GENERAL OPERATING SUPPORT 31,500

HEALTH AND MEDICINE POLICY RESEARCH GROUP

29 E MADISON STREET SUITE 602
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT - COMMUNITY HEALTH WORKERS 72,000

HEALTHCARE ALTERNATIVE SYSTEMS INC

2755 W ARMITAGE
CHICAGO,IL60647 		N/A PC GENERAL OPERATING SUPPORT 85,000

HEALTHCARE ALTERNATIVE SYSTEMS INC

2755 W ARMITAGE
CHICAGO,IL60647 		N/A PC GENERAL OPERATING SUPPORT - COMMUNITY HEALTH WORKERS 48,000

HEALTHY ILLINOIS CAMPAIGN

966 WEST 21ST STREET
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 25,000

HOUSING FORWARD

1851 S 9TH AVE
MAYWOOD,IL60153 		N/A PC GENERAL OPERATING SUPPORT 75,000

HOUSING HELPERS INC

602 N 3RD AVE
MAYWOOD,IL60153 		N/A PC GENERAL OPERATING SUPPORT 50,000

ILLINOIS COALITION FOR IMMIGRANTS AND REFUGEE RIGHTS

228 S WABASH AVE SUITE 800
CHICAGO,IL60604 		N/A PC GENERAL OPERATING SUPPORT 276,500

ILLINOIS PARTNERS FOR HUMAN SERVICE

33 WEST GRAND AVENUE SUITE 300
CHICAGO,IL60654 		N/A PC GENERAL OPERATING SUPPORT 40,000

ILLINOIS UNIDOS

180 N MICHIGAN AVE SUITE 1250
CHICAGO,IL60601 		N/A PC GENERAL OPERATING SUPPORT 75,000

INNER-CITY MUSLIM ACTION NETWORK

2744 W 63RD ST
CHICAGO,IL60629 		N/A PC GENERAL OPERATING SUPPORT 200,000

INSTITUTE FOR LATINO PROGRESS

2520 S WESTERN AVE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 128,000

JOHN HOWARD ASSOCIATION

70 EAST LAKE STREET SUITE 410
CHICAGO,IL60601 		N/A PC GENERAL OPERATING SUPPORT 1,000

LA BROCHA

2824 W 24TH BLVD
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 10,000

LATINO POLICY FORUM

180 N MICHIGAN AVE STE 1250
CHICAGO,IL60601 		N/A PC GENERAL OPERATING SUPPORT 100,000

LATINOS PROGRESANDO

3047 W CERMAK
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT - STRATEGIC INITIATIVE IL EXELLERATOR FUND 100,000

LATINOS PROGRESANDO

3047 W CERMAK
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 100,000

LEGAL COUNCIL FOR HEALTH JUSTICE

17 N STATE SUITE 900
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT 70,000

LITTLE VILLAGE ENVIRONMENTAL JUSTICE ORGANIZATION

2445 S SPAULDING AVE
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 1,050

LOYOLA UNIVERSITY CHICAGO

820 N MICHIGAN AVE
CHICAGO,IL60611 		N/A PC GENERAL OPERATING SUPPORT 60,000

MACNEAL HOSPITAL - LOYOLA MEDICINE

701 W NORTH AVE
MELROSE PARK,IL60160 		N/A PC GENERAL OPERATING SUPPORT 40,000

MIDWAY MINISTRIES

4857 S LOTUS AVE
CHICAGO,IL60638 		N/A PC GENERAL OPERATING SUPPORT 1,000

MOBILE CARE CHICAGO

239 W ROOT STREET
CHICAGO,IL60609 		N/A PC GENERAL OPERATING SUPPORT 80,000

MUJERES LATINAS EN ACCION

2124 W 21ST PLACE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT - FISC SPON FOR STRATEGIC INITIATIVE 165,000

MUJERES LATINAS EN ACCION

2124 W 21ST PLACE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT - COMMUNITY HEALTH WORKERS 61,800

MUJERES LATINAS EN ACCION

2124 W 21ST PLACE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 203,000

NAMI METRO SUBURBAN

816 HARRISON STREET
OAK PARK,IL60304 		N/A PC GENERAL OPERATING SUPPORT 117,460

NEW LIFE CENTERS

2657 S LAWNDALE AVENUE
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 10,000

NEW MOMS INC

5317 W CHICAGO AVE
CHICAGO,IL60651 		N/A PC GENERAL OPERATING SUPPORT 80,500

OAK PARK RIVER FOREST COMMUNITY FOUNDATION

1049 LAKE STREET 204
OAK PARK,IL60301 		N/A PC GENERAL OPERATING SUPPORT 414

OAK PARK RIVER FOREST COMMUNITY FOUNDATION

1049 LAKE STREET 204
OAK PARK,IL60301 		N/A PC GENERAL OPERATING SUPPORT - FISCAL SPONSOR FOR CLIP 15,000

PASO - WEST SUBURBAN ACTION PROJECT

3415 W NORTH AVE SUITE D
MELROSE PARK,IL60160 		N/A PC GENERAL OPERATING SUPPORT 50,000

PCC COMMUNITY WELLNESS CENTER

14 LAKE STREET
OAK PARK,IL60302 		N/A PC GENERAL OPERATING SUPPORT 75,000

PEACE DEVELOPMENT FUND

2335 N ORCHARD ST
CHICAGO,IL60614 		N/A PC GENERAL OPERATING SUPPORT 10,000

PILLARS COMMUNITY HEALTH

23 CALENDAR AVENUE
LA GRANGE,IL60525 		N/A PC GENERAL OPERATING SUPPORT 200,000

QUINN CENTER

815 LEXINGTON ST
MAYWOOD,IL60153 		N/A PC GENERAL OPERATING SUPPORT 50,000

RESILIENCE PARTNERS NFP

4455 SOUTH KING DRIVE SUITE 101 B
CHICAGO,IL60653 		N/A PC GENERAL OPERATING SUPPORT 60,000

RUSH UNIVERSITY MEDICAL CENTER (WEST SIDE UNITED)

1700 W VAN BUREN STREET 265
CHICAGO,IL60612 		N/A PC GENERAL OPERATING SUPPORT 1,000

SARAH'S INN

1547 CIRCLE AVENUE
FOREST PARK,IL60130 		N/A PC GENERAL OPERATING SUPPORT 50,000

SHRIVER CENTER ON POVERTY LAW

67 E MADISON ST SUITE 2000
CHICAGO,IL60603 		N/A PC GENERAL OPERATING SUPPORT 80,000

SINAI CHICAGO - SINAI URBAN HEALTH INSTITUTE

1500 S FAIRFIELD AVE F-125
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT 75,000

SISTERHOUSE

25 WASHINGTON BOULEVARD
OAK PARK,IL60304 		N/A PC GENERAL OPERATING SUPPORT 35,000

SOUTHWEST ORGANIZING PROJECT

2558 W 63RD ST
CHICAGO,IL60629 		N/A PC GENERAL OPERATING SUPPORT 100,000

TALLER DE JOSE

2831 W 24TH BLVD
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 40,000

TASKFORCE PREVENTION AND COMMUNITY SERVICES

9 N CICERO AVE
CHICAGO,IL60644 		N/A PC GENERAL OPERATING SUPPORT 75,000

TELPOCHCALL COMMUNITY EDUCATION PROJECT

2832 W 24TH BLVD
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 1,300

THE BOARD OF TRUSTEES OF THE UNIVERSITY OF ILLINOIS

840 S WOOD ST M/C 787 ROOM 101
CHICAGO,IL60612 		N/A PC GENERAL OPERATING SUPPORT - STRATEGIC INITIATIVE GRANT 15,000

THE CHICAGO COMMUNITY FOUNDATION

225 N MICHIGAN AVE NO 2200
CHICAGO,IL60601 		N/A PC IL IMMIGRATION FUNDER COLLABORATIVE 250,000

THE FIREHOUSE DREAM

511 SAINT CHARLES RD
MAYWOOD,IL60153 		N/A PC GENERAL OPERATING SUPPORT 35,000

THE LATINO ALZHEIMER'S AND MEMORY DISORDERS ALLIANCE

6112 W CERMAK RD
CICERO,IL60804 		N/A PC GENERAL OPERATING SUPPORT 60,000

THE LINCOLN ACADEMY OF ILLINOIS

PO BOX 8337
CHAMPAIGN,IL61826 		N/A PC GENERAL OPERATING SUPPORT 2,000

UCAN

3605 W FILLMORE STREET
CHICAGO,IL60624 		N/A PC GENERAL OPERATING SUPPORT 1,000

UNIVERSITY OF CHICAGO

111 W WASHINGTON ST 1023
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT - STRATEGIC INITIATIVE INCLUSIVE ECONOMY LAB 100,000

URBAN GROWERS COLLECTIVE

1200 W 35TH ST 118
CHICAGO,IL60609 		N/A PC GENERAL OPERATING SUPPORT 50,413

WAY BACK INN INC

104 OAK ST
MAYWOOD,IL60153 		N/A PC GENERAL OPERATING SUPPORT 50,000

WEST COOK YMCA

255 S MARION ST
OAK PARK,IL60302 		N/A PC GENERAL OPERATING SUPPORT 60,000

WEST SIDE SERVICE CONNECTOR (THE NEIGHBORHOOD BRIDGE)

720 GUNDERSON AVENUE
OAK PARK,IL60304 		N/A PC GENERAL OPERATING SUPPORT 25,000

YEMBA

1207 S SAWYER AVENUE
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 25,000

YOUTH CROSSROADS INC

6501 STANLEY AVENUE
BERWYN,IL60402 		N/A PC GENERAL OPERATING SUPPORT - FIS SPON FOR CIC COMM COLLAB 50,000

YOUTH CROSSROADS INC

6501 STANLEY AVENUE
BERWYN,IL60402 		N/A PC GENERAL OPERATING SUPPORT 130,000
Total .................................right arrow 3a 7,652,711
bApproved for future payment

AGING CARE CONNECTIONS
111 W HARRIS AVENUE
LA GRANGE,IL60525 		N/A PC GENERAL OPERATING SUPPORT-COMMUNITY HEALTH WORKERS 35,433

ALIVIO MEDICAL CENTER
966 W 21ST ST
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT-COMMUNITY HEALTH WORKERS 60,642

BEDS PLUS CARE
9601 OGDEN AVENUE
LA GRANGE,IL60525 		N/A PC GENERAL OPERATING SUPPORT-COMMUNITY HEALTH WORKERS 42,378

CATHOLIC CHARITIES OF ARCHDIOCESE CHICAGO
721 NORTH LASALLE STREET
CHICAGO,IL60654 		N/A PC GENERAL OPERATING SUPPORT-BOARD MATCH 2,000

CHICAGO CARES INC
641 W LAKE STREET
CHICAGO,IL60661 		N/A PC GENERAL OPERATING SUPPORT-STRATEGIC INITIATIVE 50,000

CHICAGO COMMUNITY TRUST
225 N MICHIGAN AVENUE 2200
CHICAGO,IL60601 		N/A PC GENERAL OPERATING SUPPORT-IL IMMIGRATION FUNDERS COLLABORATIVE 200,000

CROSSROADS FUND
3411 W DIVERSEY AVE 20
CHICAGO,IL60647 		N/A PC GENERAL OPERATING SUPPORT 10,000

FOREFRONT
200 WEST MADISON STREET 2ND
CHICAGO,IL60606 		N/A PC GENERAL OPERATING SUPPORT-FISC SPONSOR FOR CAAIP 10,000

HEALTH AND MEDICINE POLICY RESEARCH GROUP
29 E MADISON STREET SUITE 602
CHICAGO,IL60602 		N/A PC GENERAL OPERATING SUPPORT 87,933

HEALTHCARE ALTERNATIVE SYSTEMS
2755 W ARMITAGE
CHICAGO,IL60647 		N/A PC GENERAL OPERATING SUPPORT-COMMUNITY HEALTH WORKERS 62,608

ILLINOIS COALITION FOR IMMIGRANTS AND REFUGEE RIGHTS
228 S WABASH AVE SUITE 800
CHICAGO,IL60604 		N/A PC GENERAL OPERATING SUPPORT-STRATEGIC INITIATIVE 125,000

ILLINOIS COMMUNITY HEALTH WORKER ASSOCIATION
9038 S UNIVERSITY AVENUE
CHICAGO,IL60619 		N/A PC GENERAL OPERATING SUPPORT 100,000

LATINOS PROGRESANDO
3047 W CERMAK
CHICAGO,IL60623 		N/A PC GENERAL OPERATING SUPPORT 100,000

MIDWAY MINISTRIES
4857 S LOTUS AVE
CHICAGO,IL60638 		N/A PC CHARITABLE CONTRIBUTION-BOARD GIFT 1,000

MUJERES LATINAS EN ACCION
2124 W 21ST PLACE
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT-COMMUNITY HEALTH WORKERS 67,654

SINAI URBAN HEALTH INSTITUTE
1500 S FAIRFIELD AVE F-125
CHICAGO,IL60608 		N/A PC GENERAL OPERATING SUPPORT-STRATEGIC INITIATIVE 165,000
Total ................................. right arrow 3b 1,119,648
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 ........... 		    14 178,278  
4 Dividends and interest from securities .... 901101 2,762 14 2,513,741  
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 .....     01    
8 Gain or (loss) from sales of assets other than
inventory ............ 		901101 46,815 18 -743,529  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aUBIT PARTNERSHIP GAIN THROUGH K-1 		901101 234,410 01 -29,407  
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 283,987 1,919,083 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,203,070
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

(a) Name of organization (b) Type of organization (c) Description of relationship
Sign Here
Under penalties of perjury, I declare that I have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete. Declaration of preparer (other than taxpayer) is based on all information of which preparer has any knowledge.
right arrow right arrow
May the IRS discuss this return
with the preparer shown below?
See instructions.
Signature of officer or trustee Date Title
Paid Preparer Use Only Print/Type preparer's name Preparer's Signature Date Check if self-
employed right arrow		 PTIN
Firm's name SmallBullet
 Firm's EIN SmallBullet
Firm's address SmallBullet


 Phone no.
Form 990-PF (2023)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING AND TAX PREPARATION 53,730 0   51,230

TY 2023 InvestmentsOtherSchedule2
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
400 CAPITAL CREDIT OPP FUND, LTD FMV 1,423,736 1,423,736
ARGA EMERGING MARKETS EQUITY FUND FMV 3,019,249 3,019,249
ARGONAUT PRIVATE EQUITY FUND IV FMV 1,653,023 1,653,023
ARTISAN HIGH INCOME FUND FMV 1,002,970 1,002,970
BLUE SEA CAPITAL FUND II, LP FMV 2,381,234 2,381,234
BRANDYWINE GLOBAL OPP BOND FUND FMV 1,161,099 1,161,099
BRECKINRIDGE SUSTAINABLE CORE FMV 4,478,677 4,478,677
CAUSEWAY INTERNATIONAL VALUE FMV 7,002,459 7,002,459
CENTANA GROWTH PARTNERS II, LP FMV 1,339,699 1,339,699
CEVIAN CAPITAL II, LTD FMV 1,756,006 1,756,006
COHEN & STEERS INSTL REALTY SHARES (CSRIX) FMV 3,513,131 3,513,131
DAVIDSON KEMPNER INT'L (BVI), LTD FMV 1,924,615 1,924,615
DODGE COX INCOME FUND (DODIX) FMV 3,802,193 3,802,193
DWS INVESTMENT MANAGEMENT FMV 18,099,855 18,099,855
DWS RREEF REAL ASSETS FUND (AAASX) FMV 3,303,335 3,303,335
FIDELITY INFLATION PROTECTED BOND FMV 1,012,799 1,012,799
FS EQUITY PARTNERS VIII, LP FMV 1,278,403 1,278,403
GQG PARTNERS EMERGING MARKETS EQUITY FUND (GQGIX) FMV 3,666,493 3,666,493
HARBOR MID CAP FUND INST (HMCLX) FMV 5,801,216 5,801,216
HARDING LOEVNER INT'L EQUITY (HLMIX) FMV 7,025,497 7,025,497
HBK MULTI-STRATEGY OFFSHORE FUND, LTD FMV 2,005,684 2,005,684
JP MORGAN CORE BOND FUND I (WOBDX) FMV 3,949,699 3,949,699
KINGSWOOD CAPITAL OPPORTUNITIES FUND I-A, LP FMV 2,977,447 2,977,447
KINGSWOOD CAPITAL OPPORTUNITIES FUND II-A, LP FMV 1,336,300 1,336,300
LITTLEJOHN FUND VI, LP FMV 2,023,291 2,023,291
LUMINATE CAPITAL PARTNERS II, LP FMV 1,124,689 1,124,689
LUMINATE CAPITAL PARTNERS III-A, LP FMV 1,296,719 1,296,719
MEANINGFUL PARTNERS DC VEHICLE I, LP FMV 1,679,298 1,679,298
MEANINGFUL PARTNERS DEDICATED CAPITAL VEHICLE II, LP FMV 341,717 341,717
MIDOCEAN CREDIT OPP OFFSHORE FUND, LTD FMV 77,427 77,427
MW EUREKA FUND FMV 2,181,236 2,181,236
NEXPHASE CAPITAL FUND V-A, LP FMV 62,207 62,207
P4G CAPITAL PARTNERS I-A, LP FMV 2,709,825 2,709,825
PANGAEA TWO, LP FMV 2,052,702 2,052,702
PSAM WORLDARB FUND, LTD FMV 1,293,458 1,293,458
QUESTA CAPITAL PARTNERS I, LP FMV 1,741,678 1,741,678
QUESTA CAPITAL PARTNERS II, LP FMV 1,339,920 1,339,920
QUESTA CAPITAL PARTNERS III, LP FMV 279,283 279,283
RED ARTS CAPITAL OPPORTUNITY FUND I, LP FMV 534,132 534,132
RESOURCE LAND VALUE IV, LLC FMV 316,197 316,197
SEEDING & STRATEGIC CAPITAL FUND II, LP FMV 1,207,534 1,207,534
SENATOR GLOBAL OPP OFFSHORE FUND, LTD FMV 560,055 560,055
SER CAPITAL PARTNERS I-A, LP FMV 849,917 849,917
TRUEBRIDGE CAPITAL PARTNERS FUND VI (CAYMAN), LP FMV 1,117,981 1,117,981
VALINOR CAPITAL PARTNERS OFFSHORE, LTD FMV 272,445 272,445
VISTRIA FUND IV (FT), LP FMV 1,786,418 1,786,418
WELLINGTON SMALL CAP OPPORTUNITIES FUND FMV 4,170,440 4,170,440
WOLVERINE FLAGSHIP FUND LTD FMV 1,797,054 1,797,054
WOODLINE OFFSHORE FUND, LTD FMV 1,867,840 1,867,840

TY 2023 LandEtcSchedule2
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Category / Item Cost / Other Basis Accumulated Depreciation Book Value End of Year Fair Market Value
FURNITURE AND EQUIPMENT 4,739 4,739 0  
LEASEHOLD IMPROVEMENT 646,325 377,023 269,302 269,302


TY 2023 LegalFeesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 318 0   868


TY 2023 OtherAssetsSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
TAX DEPOSITS 80,694 90,662 90,662
INVESTMENT PROCEEDS RECEIVABLE 1,791 1,097,687 1,097,687
INTEREST RECEIVABLE   173 173


TY 2023 OtherExpensesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
BANK CHARGES 799 799   0
SOFTWARE LICENSING 34,216 0   33,469
INSURANCE 36,892 0   38,325
MEMBERSHIP DUES AND SUBSCRIPTIONS 51,718 0   51,565
OFFICE EQUIPMENT 8,239 0   5,561
OFFICE EXPENSE 21,819 0   20,893
PAYROLL PROCESSING FEES 1,162 0   1,162
TELEPHONE AND INTERNET 13,965 0   13,940
PROFESSIONAL DEVELOPMENT 21,230 0   21,204
OTHER PARTNERSHIP EXPENSES 0 662,415   0
HONORARIUM 4,650 0   4,650


TY 2023 OtherIncomeSchedule2
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
PARTNERSHIP INCOME THROUGH K-1S 0 -67,538 0
UBIT PARTNERSHIP GAIN THROUGH K-1 205,003   205,003


TY 2023 OtherIncreasesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Description Amount
UNREALIZED GAIN ON INVESTMENTS 11,697,632


TY 2023 OtherLiabilitiesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Description Beginning of Year - Book Value End of Year - Book Value
PENSION PAYABLE 136,504 67,597


TY 2023 OtherProfessionalFeesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
COMMUNICATIONS CONSULTANTS 20,300 0   10,300
COMPUTER CONSULTANTS 23,460 0   23,460
INVESTMENT ADVISORY FEES 722,023 40,734   0
INVESTMENT CONSULTANTS 116,102 116,102   0
OTHER CONSULTANTS 37,500 0   37,500
PROGRAM CONSULTANTS 10,000 0   10,000


TY 2023 TaxesSchedule
Name:
HEALTHY COMMUNITIES FOUNDATION
EIN:
36-4324067
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES 12,391 12,572   0
STATE TAXES 304 0   230