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
2024
Open to Public Inspection
For calendar year 2024, or tax year beginning 01-01-2024 , and ending 12-31-2024
Name of foundation
BUTLER FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)825 S WAUKEGAN RD SUITE A8 PMB 218
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE FOREST, IL60045
A Employer identification number

36-6101775
B Telephone number (see instructions)

(917) 601-9652
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$35,204,854J Accounting method:
 
(Part I, column (d) must be on cash basis.)
Part I Analysis of Revenue and Expenses (The total of amounts in columns (b), (c), and (d) may not necessarily equal the amounts in column (a) (see instructions).) (a) Revenue and
expenses per
books 		(b) Net investment
income 		(c) Adjusted net
income 		(d) Disbursements
for charitable
purposes
(cash basis only)
Revenue 1 Contributions, gifts, grants, etc., received (attach schedule)  
2 Check right arrow.............
3 Interest on savings and temporary cash investments      
4 Dividends and interest from securities... 424,968 424,968  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,453,526
b Gross sales price for all assets on line 6a 8,279,554
7 Capital gain net income (from Part IV, line 2)... 2,453,526
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 2,878,494 2,878,494  
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)....... Click to see attachment
List of Attached Documents:
// Content
4,925 1,231   3,694
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
36,175 0   36,175
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
35,888 3,888   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
153,377 151,933   1,444
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 230,365 157,052   41,313
25 Contributions, gifts, grants paid....... 1,641,047 1,641,047
26 Total expenses and disbursements. Add lines 24 and 25 1,871,412 157,052   1,682,360
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,007,082
b Net investment income (if negative, enter -0-) 2,721,442
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
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......... 297,211 136,970 136,970
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)....... 16,149,008 Click to see attachment
List of Attached Documents:
// Content
17,316,331 		35,067,884
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)..........      
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) 16,446,219 17,453,301 35,204,854
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........ 195,819 195,819
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 16,250,400 17,257,482
29 Total net assets or fund balances (see instructions)..... 16,446,219 17,453,301
30 Total liabilities and net assets/fund balances (see instructions). 16,446,219 17,453,301
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
16,446,219
2
Enter amount from Part I, line 27a .....................
2
1,007,082
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
17,453,301
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
17,453,301
Form 990-PF (2024)
Form 990-PF (2024)
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 BILL HOLDINGS P 2023-10-27 2024-02-12
b BILL HOLDINGS P 2024-01-26 2024-02-12
c EVOLENT HEALTH P 2023-10-27 2024-08-07
d INSULET CORP P 2023-10-27 2024-03-04
e LEGAL ZOOM P 2023-08-09 2024-05-13
MONGODB INC P 2024-05-06 2024-08-05
PHREESIA INC P 2024-01-26 2024-10-14
PHREESIA INC P 2024-01-26 2024-10-24
POWERSCHOOL P 2024-03-04 2024-05-23
POWERSCHOOL P 2024-03-04 2024-06-10
POWERSCHOOL P 2024-05-06 2024-06-10
POWERSCHOOL P 2024-05-13 2024-06-10
SCHWAB CHARLES P 2023-09-19 2024-05-23
SCHWAB CHARLES P 2023-09-19 2024-09-11
SPROUT SOCIAL P 2023-08-15 2024-08-05
SPROUT SOCIAL P 2023-10-27 2024-08-05
AMETEK INC P 2015-06-30 2024-11-29
AMETEK INC P 2018-11-01 2024-11-29
AON PLC P 2020-06-25 2024-05-06
APPLE INC P 2011-08-09 2024-01-26
BERKSHIRE HATHAWAY P 2003-02-25 2024-03-13
COSTAR GROUP INC P 2022-07-27 2024-10-03
COSTCO WHOLESALE P 2008-03-24 2024-03-04
DEXCOM INC P 2011-06-24 2024-05-13
ECOLAB INC P 2021-02-11 2024-11-19
ECOLAB INC P 2021-02-19 2024-11-19
ECOLAB INC P 2021-02-24 2024-11-19
FEDEX CORP P 1998-09-28 2024-03-13
FEDEX CORP P 1998-09-28 2024-05-06
FEDEX CORP P 1998-09-28 2024-05-06
GUIDEWIRE SOFTWARE P 2023-03-21 2024-05-31
HOLOGIC INC P 2020-04-30 2024-03-13
IDEXX LABORATORIES P 2008-10-23 2024-03-13
IDEXX LABORATORIES P 2008-10-23 2024-05-06
IDEXX LABORATORIES P 2008-10-23 2024-05-06
IRHYTHM TECHNOLGIES P 2021-06-03 2024-05-23
JOHNSON & JOHNSON P 2003-01-22 2024-05-06
LOWES COMPANIES P 2012-05-10 2024-11-19
LOWES COMPANIES P 2012-06-19 2024-11-19
MICROSOFT P 2002-02-28 2024-03-13
OREILLY AUTOMOTIVE P 2020-05-27 2024-03-04
OREILLY AUTOMOTIVE P 2020-04-22 2024-05-23
OREILLY AUTOMOTIVE P 2020-05-27 2024-05-23
POOL CORP P 2022-10-25 2024-10-10
POOL CORP P 2023-03-20 2024-10-10
PORTILLOS P 2022-05-06 2024-05-13
PORTILLOS P 2023-01-19 2024-05-13
PROCTER & GAMBLE P 2016-01-08 2024-03-04
PROCTER & GAMBLE P 2016-01-08 2024-03-04
ROCKWELL AUTOMATION P 2022-10-13 2024-09-11
SCHWAB CHARLES P 2023-03-24 2024-09-11
SCHWAB CHARLES P 2023-03-24 2024-10-03
SCHWAB CHARLES P 2023-03-24 2024-11-07
SCHWAB CHARLES P 2023-10-27 2027-11-07
SPROUT SOCIAL P 2020-10-06 2024-08-05
SPROUT SOCIAL P 2022-02-23 2024-08-05
STRYKER CORP P 2012-06-19 2024-05-06
STRYKER CORP P 2018-12-20 2024-05-06
STRYKER CORP P 2012-06-19 2024-11-07
STRYKER CORP P 2012-06-19 2024-11-07
STRYKER CORP P 2012-02-28 2024-11-19
STRYKER CORP P 2012-06-19 2024-11-19
TRANSDIGM GROUP P 2020-04-22 2024-04-30
UBER TECHNOLOGIES P 2021-11-01 2024-05-13
UBER TECHNOLOGIES P 2020-07-07 2024-05-23
UBER TECHNOLOGIES P 2021-11-01 2024-05-23
CARMAX INC P 2023-08-23 2024-06-07
CARMAX INC P 2024-04-08 2024-06-07
EVOLENT HEALTH P 2024-06-05 2024-07-09
EVOLENT HEALTH P 2024-06-12 2024-07-30
EVOLENT HEALTH P 2024-07-16 2024-07-30
MONGODB INC P 2024-05-23 2024-08-05
MONGODB INC P 2024-05-23 2024-08-05
MONTROSE ENVIRONMENTAL P 2023-12-19 2024-07-30
POOL CORP P 2023-12-19 2024-07-09
POOL CORP P 2024-01-09 2024-10-22
POOL CORP P 2024-07-30 2024-10-22
SCHWAB CHARLES P 2023-09-19 2024-05-23
SPROUT SOCIAL P 2023-09-19 2024-05-23
ALPHABET INC P 2022-09-22 2024-05-23
APPLE INC P 2011-08-09 2024-04-08
CME GROUP P 2023-03-20 2024-06-24
DEERE & CO P 2023-03-07 2024-05-23
ECOLAB INC P 2020-11-10 2024-07-30
ECOLAB INC P 2020-12-10 2024-07-30
EDWARDS LIFESCIENCES P 2023-03-17 2024-04-08
ELI LILLY P 2023-03-20 2024-07-30
EVOLENT HEALTH P 2019-04-23 2024-05-23
EVOLENT HEALTH P 2019-04-23 2024-05-23
EVOLENT HEALTH P 2019-05-08 2024-05-23
EVOLENT HEALTH P 2019-05-09 2024-05-23
EVOLENT HEALTH P 2019-04-23 2024-07-09
EVOLENT HEALTH P 2020-06-25 2024-07-02
HOLOGIC INC P 2020-04-30 2024-05-13
HOLOGIC INC P 2020-09-30 2024-05-13
IDEXX LABORATORIES P 2008-10-23 2024-05-23
IDEXX LABORATORIES P 2008-10-23 2024-05-23
IRHYTHM TECHNOLGIES P 2021-06-03 2024-07-09
IRHYTHM TECHNOLGIES P 2021-09-10 2024-07-09
IRHYTHM TECHNOLGIES P 2023-01-19 2024-07-09
OREILLY AUTOMOTIVE P 2020-05-27 2024-05-23
OREILLY AUTOMOTIVE P 2020-05-27 2024-05-23
POOL CORP P 2023-01-26 2024-07-09
POOL CORP P 2023-02-16 2024-10-22
PROCTER & GAMBLE P 2021-09-09 2024-07-30
SCHWAB CHARLES P 2023-03-24 2024-05-23
SPROUT SOCIAL P 2020-10-06 2024-05-23
SPROUT SOCIAL P 2022-09-22 2024-05-23
SPROUT SOCIAL P 2023-03-07 2024-05-23
UBER TECHNOLOGIES P 2021-11-05 2024-05-23
WABTEC COM P 2022-10-21 2024-10-22
CONAGRA BRANDS P 2023-10-06 2024-10-03
CONAGRA BRANDS P 2023-10-25 2024-10-03
MEDTRONIC PLC P 2023-08-23 2024-05-24
MEDTRONIC PLC P 2023-08-23 2024-06-04
MEDTRONIC PLC P 2023-08-23 2024-06-12
NEXTERA ENERGY P 2023-08-23 2024-02-08
NIKE INC P 2024-03-22 2024-11-07
ACCENTURE P 2015-09-29 2024-05-09
BRYSTOL-MYERS SQUIBB P 2015-08-28 2024-03-22
BRYSTOL-MYERS SQUIBB P 2015-08-28 2024-03-22
BRYSTOL-MYERS SQUIBB P 2015-09-08 2024-03-22
BRYSTOL-MYERS SQUIBB P 2015-09-08 2024-03-22
BRYSTOL-MYERS SQUIBB P 2015-09-29 2024-03-22
BRYSTOL-MYERS SQUIBB P 2015-09-29 2024-03-22
BRYSTOL-MYERS SQUIBB P 2018-06-05 2024-03-22
BRYSTOL-MYERS SQUIBB P 2018-06-05 2024-03-22
ELI LILLY P 2016-01-25 2024-08-05
LINDE PLC P 2019-08-20 2024-05-09
SCHWAB CHARLES P 2023-10-25 2024-11-07
TARGET CORP P 2022-06-09 2024-05-22
(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 48,831   67,324 -18,493
b 48,832   55,751 -6,919
c 51,222   59,963 -8,741
d 164,289   136,323 27,966
e 60,048   77,499 -17,451
119,045   201,172 -82,127
63,000   76,062 -13,062
54,001   76,062 -22,061
41,562   41,222 340
55,963   51,528 4,435
33,578   25,028 8,550
134,310   109,165 25,145
158,547   127,049 31,498
25,125   23,100 2,025
31,037   47,417 -16,380
46,556   63,460 -16,904
12,901   3,596 9,305
130,377   47,055 83,322
85,522   57,850 27,672
192,090   14,577 177,513
27,212   2,814 24,398
81,320   75,408 5,912
126,681   10,933 115,748
125,425   3,667 121,758
109,812   97,573 12,239
89,558   76,754 12,804
30,503   26,795 3,708
25,710   2,519 23,191
174,126   16,788 157,338
60,827   5,868 54,959
103,589   70,379 33,210
75,626   50,596 25,030
54,672   1,950 52,722
212,439   8,718 203,721
25,188   1,033 24,155
87,692   61,944 25,748
77,230   28,965 48,265
43,369   5,048 38,321
21,555   2,372 19,183
83,099   5,922 77,177
161,405   61,964 99,441
16,658   6,273 10,385
81,332   34,287 47,045
181,105   148,336 32,769
36,221   34,497 1,724
25,216   53,283 -28,067
20,254   41,022 -20,768
63,722   30,440 33,282
74,396   35,539 38,857
78,949   72,740 6,209
54,962   46,738 8,224
81,343   68,638 12,705
32,463   23,503 8,960
73,780   50,475 23,305
51,739   66,861 -15,122
31,037   56,325 -25,288
53,947   9,221 44,726
54,272   25,855 28,417
67,696   10,160 57,536
24,785   3,722 21,063
27,163   3,826 23,337
69,848   9,994 59,854
62,500   15,142 47,358
130,771   88,906 41,865
44,670   23,098 21,572
82,959   57,789 25,170
51,980   59,511 -7,531
51,980   62,212 -10,232
57,787   57,787 0
71,730   73,868 -2,138
107,594   94,194 13,400
108,223   181,627 -73,404
43,289   72,651 -29,362
90,101   93,067 -2,966
59,041   59,041 0
70,024   93,209 -23,185
17,506   18,521 -1,015
72,067   57,750 14,317
23,905   36,712 -12,807
86,924   50,185 36,739
168,430   14,563 153,867
117,651   110,161 7,490
95,078   105,111 -10,033
22,943   21,450 1,493
45,887   44,688 1,199
92,377   81,013 11,364
117,901   49,812 68,089
18,979   11,562 7,417
7,587   4,622 2,965
7,587   4,720 2,867
11,392   7,247 4,145
9,631   6,940 2,691
48,156   16,370 31,786
86,049   58,108 27,941
50,479   44,298 6,181
114,768   4,346 110,422
91,093   3,451 87,642
23,576   15,486 8,090
14,146   7,226 6,920
56,584   59,690 -3,106
48,995   20,655 28,340
146,986   61,964 85,022
88,562   88,562 0
105,036   131,904 -26,868
85,347   76,752 8,595
8,648   6,410 2,238
26,550   33,410 -6,860
31,873   59,759 -27,886
23,905   49,061 -25,156
118,058   87,718 30,340
37,768   17,285 20,483
59,125   52,844 6,281
29,562   27,490 2,072
8,106   8,424 -318
47,383   48,020 -637
27,129   27,801 -672
67,201   81,240 -14,039
59,123   71,605 -12,482
24,436   7,695 16,741
10,963   12,604 -1,641
2,610   3,001 -391
8,353   9,353 -1,000
5,221   5,846 -625
5,221   5,915 -694
3,915   4,436 -521
24,797   24,688 109
14,356   14,293 63
41,167   4,396 36,771
23,635   10,372 13,263
53,490   35,493 17,997
53,926   59,950 -6,024
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       -18,493
b       -6,919
c       -8,741
d       27,966
e       -17,451
      -82,127
      -13,062
      -22,061
      340
      4,435
      8,550
      25,145
      31,498
      2,025
      -16,380
      -16,904
      9,305
      83,322
      27,672
      177,513
      24,398
      5,912
      115,748
      121,758
      12,239
      12,804
      3,708
      23,191
      157,338
      54,959
      33,210
      25,030
      52,722
      203,721
      24,155
      25,748
      48,265
      38,321
      19,183
      77,177
      99,441
      10,385
      47,045
      32,769
      1,724
      -28,067
      -20,768
      33,282
      38,857
      6,209
      8,224
      12,705
      8,960
      23,305
      -15,122
      -25,288
      44,726
      28,417
      57,536
      21,063
      23,337
      59,854
      47,358
      41,865
      21,572
      25,170
      -7,531
      -10,232
      0
      -2,138
      13,400
      -73,404
      -29,362
      -2,966
      0
      -23,185
      -1,015
      14,317
      -12,807
      36,739
      153,867
      7,490
      -10,033
      1,493
      1,199
      11,364
      68,089
      7,417
      2,965
      2,867
      4,145
      2,691
      31,786
      27,941
      6,181
      110,422
      87,642
      8,090
      6,920
      -3,106
      28,340
      85,022
      0
      -26,868
      8,595
      2,238
      -6,860
      -27,886
      -25,156
      30,340
      20,483
      6,281
      2,072
      -318
      -637
      -672
      -14,039
      -12,482
      16,741
      -1,641
      -391
      -1,000
      -625
      -694
      -521
      109
      63
      36,771
      13,263
      17,997
      -6,024
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,453,526
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 37,828
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 37,828
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 37,828
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 40,849
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 0
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 40,849
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 3,021
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow3,021 Refundedright arrow 11 0
Form 990-PF (2024)
Form 990-PF (2024)
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 2024 or the taxable year beginning in 2024? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowKAREN B CONNELL Telephone no.right arrow (917) 601-9652

Located atright arrow825 S WAUKEGAN ROAD SUITE A8 PMB218LAKE FORESTIL ZIP+4right arrow60045
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 2024, 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 (2024)
Form 990-PF (2024)
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 2024? .............
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 2024, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2024?....................
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 2024 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 2024.) .....................
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 2024? ..
4b
 
No
Form 990-PF (2024)
Form 990-PF (2024)
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
KAREN B CONNELL TRUSTEE
1.00 		0 0 0
30 BURROUGHS RD
LEXINGTON,MA02420
ELIZABETH B PRUETT TRUSTEE
0.00 		0 0 0
77 E PEMBROKE DRIVE
LAKE FOREST,IL60045
KAY S BUTLER TRUSTEE
0.00 		0 0 0
6400 N 52ND PLACE
PARADISE VALLEY,AZ85253
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 (2024)
Form 990-PF (2024)
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
NONE
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 (2024)
Form 990-PF (2024)
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
34,027,320
b
Average of monthly cash balances.......................
1b
518,229
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
34,545,549
e
Reduction claimed for blockage or other factors reported on lines 1a and
1c (attach detailed explanation) .............
1e
0
2
Acquisition indebtedness applicable to line 1 assets..................
2
0
3
Subtract line 2 from line 1d.........................
3
34,545,549
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
518,183
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
34,027,366
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,701,368
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
1,701,368
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
37,828
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
37,828
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,663,540
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,663,540
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
1,663,540
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
1,682,360
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
1,682,360
Form 990-PF (2024)
Form 990-PF (2024)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2023 		(c)
2023 		(d)
2024
1 Distributable amount for 2024 from Part X, line 7 1,663,540
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 176,543
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019......  
b From 2020......  
c From 2021......  
d From 2022......  
e From 2023......  
f Total of lines 3a through e ........ 0
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 1,682,360
a Applied to 2023, but not more than line 2a 176,543
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 2024 distributable amount..... 1,505,817
e Remaining amount distributed out of corpus 0
5 Excess distributions carryover applied to 2024. 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 2023. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2024. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2025 .......... 		157,723
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 2019 not
applied on line 5 or line 7 (see instructions) ... 		0
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		0
10 Analysis of line 9:
a Excess from 2020....  
b Excess from 2021....  
c Excess from 2022....  
d Excess from 2023....  
e Excess from 2024....  
Form 990-PF (2024)
Form 990-PF (2024)
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 2024, 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) 2024 (b) 2023 (c) 2022 (d) 2021
         
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 if the foundation only makes contributions to preselected charitable organizations and does not accept
unsolicited requests for funds. If the foundation makes gifts, grants, etc. to individuals or organizations under
other conditions, complete items 2a, b, c, and d. See instructions
aThe name, address, and telephone number or e-mail address of the person to whom applications should be addressed:
KAREN B CONNELL
825 S WAUKEGAN RD SUITE A8 PMB 218
LAKE FOREST,IL60045
(917) 601-9652
bThe form in which applications should be submitted and information and materials they should include:
THERE ARE NO STANDARD APPLICATION FORMS. A LETTER REQUESTING A CONTRIBUTION IS SUFFICIENT.
cAny submission deadlines:
THERE ARE NO SUBMISSION DEADLINES.
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
ORGANIZATIONS MUST BE EDUCATIONAL, RELIGIOUS, OR CHARITABLE AS DEFINED UNDER IRC SECTION 170(C).
Form 990-PF (2024)
Form 990-PF (2024)
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

ARIZONA SCIENCE CENTER

600 E WASHINGTON ST
PHOENIX,AZ85004 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

BERKLEE COLLEGE OF MUSIC INC

1140 BOYLSTON ST
BOSTON,MA02215 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

BROOKS SCHOOL

1160 GREAT POND RD
NORTH ANDOVER,MA01845 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

CANCER WELLNESS CENTER

215 REVERE DR
NORTHBROOK,IL60062 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 15,000

CHRIST CHURCH OF THE ASCENSION

4015 E LINCOLN DR
PARADISE VALLEY,AZ85253 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

CULVER EDUCATIONAL FOUNDATION

1300 ACADEMY RD
CULVER,IN46511 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 5,000

ABILITY 360 INC

5031 E WASHINGTON ST
PHOENIX,AZ85034 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 5,000

DOMINICAN UNIVERSITY

7900 DIVISION ST
RIVER FOREST,IL60305 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATIONGENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 50,000

AMERICAN NATIONAL RED CROSS

2200 W HARRISON ST
CHICAGO,IL60612 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 25,000

AMERICAN SOCIETY FOR THE PREVENTION OF CRUELTY TO ANIMALS

424 E 92ND ST
NEW YORK,NY10128 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 20,000

LAKE FOREST HIGH SCHOOL FOUNDATION

PO BOX 148
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 5,000

LEUKEMIA & LYMPHOMA SOCIETY INC - NYC CHAPTER

PO BOX 22470
NEW YORK,NY10087 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 17,950

READING POWER INC

900 N SHORE DR 178
LAKE BLUFF,IL60044 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

ART INSTITUTE OF CHICAGO

111 S MICHIGAN AVE
CHICAGO,IL60603 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 66,000

BALLET ARIZONA

2835 E WASHINGTON ST
PHOENIX,AZ85034 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 30,000

BEAR NECESSITIES PEDIATRIC CANCER FOUNDATION

55 W WACKER DR 1100
CHICAGO,IL60601 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

BIG SHOULDERS FUND

212 W VAN BUREN ST
CHICAGO,IL60607 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 15,000

SANDRA DAY OCONNOR INSTITUTE

111 E TAYLOR ST 9220
PHOENIX,AZ85004 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 5,000

BRAVO WAUKEGAN

400 E ILLINOIS RD
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

BRUSHWOOD CENTER AT RYERSON WOODS

21850 RIVERWOODS RD
RIVERWOODS,IL60015 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

CANEY CREEK COMMUNITY CENTER - ALICE LLOYD COLLEGE

100 PURPOSE RD
PIPPA PASSES,KY41844 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 20,000

CHICAGO COMMUNITY FOUNDATION

140 S DEARBORN STREET
CHICAGO,IL60603 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 25,000

JOHN AUSTIN CHELEY FOUNDATION

1420 OGDEN ST 102
DENVER,CO80218 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

CHICAGO SYMPHONY ORCHESTRA

220 S MICHIGAN AVE
CHICAGO,IL60604 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 5,000

COLGATE UNIVERSITY

13 OAKS DR EXT
HAMILTON,NY13346 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 50,000

EITELJORG MUSEUM OF AMERICAN INDIANS AND WESTERN ART INC

500 W WASHINGTON ST
INDIANAPOLIS,IN46204 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 20,000

ELAWA FARM FOUNDATION

1401 MIDDLEFORK DR
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 20,000

FAMILY ACTION NETWORK

1718 SHERMAN AVE 201
EVANSTON,IL60201 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 15,000

FIELD MUSUEM OF NATURAL HISTORY

1400 S LAKE SHORE DR
CHICAGO,IL60605 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 55,000

FOREST PARK PRESERVATION CORPORATION

PO BOX 868
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 5,000

FOURTH PRESBYTERIAN CHURCH

126 E CHESTNUT ST
CHICAGO,IL60611 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

HISTORY CENTER OF LAKE FOREST LAKE BLUFF

509 E DEERPATH RD
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 30,000

GREAT LAKES ADAPTIVE SPORTS ASSOC

27864 IRMA LEE CIR
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 165,000

GROTON SCHOOL

282 FARMERS ROW
GROTON,MA01450 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 14,431

INSTITUTE FOR ETHNOMEDICINE INC

1130 US-89
JACKSON,WY83001 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

JACKSON LABORATORY

600 MAIN ST
BAR HARBOR,ME04609 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 50,000

LAKE FOREST COLLEGE

555 N SHERIDAN RD
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 15,000

LAKE FOREST COUNTRY DAY SCHOOL

145 S GREEN BAY RD
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 40,000

LAKE FOREST GARDEN CLUB

22921 RIDGE RTE DR
LAKE FOREST,CA92630 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

LAKE FOREST OPEN LANDS ASSOCIATION

350 WAUKEGAN RD
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 13,000

LEUKEMIA & LYMPHOMA SOCIETY INC - METRO NY REGION

3 INTERNATIONAL DRIVE
RYE BROOK,NY10573 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 84,166

MAKE A WISH FOUNDATION OF AMERICA

1702 E HIGHLAND AVE
PHOENIX,AZ85016 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 60,000

MOTHERS TR FOUNDATION

400 E ILLINOIS RD
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 60,000

NORTHWESTERN UNIVERSITY

633 CLARK ST
EVANSTON,IL60208 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 20,000

ORCHARD SCHOOL FOUNDATION INC

615 W 64TH ST
INDIANAPOLIS,IN46260 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 30,000

PHOENIX CHILDRENS HOSPITAL

1919 E THOMAS RD
PHOENIX,AZ85016 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 30,000

PHOENIX SYMPHONY ASSOCIATION

ONE N FIRST ST
PHOENIX,AZ85004 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 32,500

PRESERVATION FOUNDATION OF THE LAKE COUNTY FOREST PRESERVES

1899 W WINCHESTER ROAD
LIBERTYVILLE,IL60048 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

RAVINIA FESTIVAL ASSOCIATION

418 SHERIDAN RD
HIGHLAND PARK,IL60035 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 65,000

RENDEZVOUS ARTS

4129 N MOZART ST
CHICAGO,IL60618 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

RHODE ISLAND SCHOOOL OF DESIGN

2 COLLEGE ST
PROVIDENCE,RI02903 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

SOUTHWESTERN HEIGHTS HIGH SCHOOL

17222 MUSTANG RD
KISMET,KS67859 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 30,000

THE CHURCH OF THE HOLY SPIRIT

400 E WESTMINISTER AVE
LAKE FOREST,IL60045 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 45,000

THE COURAGEOUS PARENTS NETWORK INC

21 ROCHESTER RD
NEWTON,MA02458 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 25,000

THE POSSE FOUNDATION INC - CHICAGO

111 W JACKSON BLVD 1100
CHICAGO,IL60604 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 20,000

TRUSTEES OF WESTMINSTER SCHOOL INC

995 HOPMEADOW STREET
SIMSBURY,CT06070 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 15,000

UNION LEAGUE BOYS & GIRLS CLUB

2157 W 19TH ST
CHICAGO,IL60608 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

UNIVERSITY OF VIRGINIA SCHOOL OF ARCHITECTURE

110 BAYLY DR
CHARLOTTESVILLE,VA22903 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 35,000

VILLANOVA UNIVERSITY

800 LANCASTER AVE
VILLANOVA,PA19085 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 25,000

WOMANS BOARD OF NORTHWESTERN MEMORIAL HOSPITAL

541 N FAIRBANKS CT
CHICAGO,IL60611 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 8,000

SPECIAL OLYMPICS ILLINOIS

18440 THOMPSON CT 205
TINLEY PARK,IL60477 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

ST MARYS FOOD BANK ALLIANCE

3131 W THOMAS RD
PHOENIX,AZ85017 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 15,000

URBAN RIVERS INC

1440 N KINGSBURY 005
CHICAGO,IL60642 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 35,000

WEST END HOUSE INC

105 ALLSTON ST
BOSTON,MA02134 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 10,000

LAKE COUNTY COMMUNITY FOUNDATION

1200 UNIVERSITY DR 333
GRAYSLAKE,IL60030 		NONE PUBLIC CHARITY GENERAL CHARITABLE, RELIGIOUS, EDUCATIONAL OR SCIENTIFIC PURPOSE OF THE DONEE ORGANIZATION 25,000
Total .................................right arrow 3a 1,641,047
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2024)
Form 990-PF (2024)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		         
4 Dividends and interest from securities ....     14 424,968  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....          
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 2,453,526  
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 2,878,494 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,878,494
(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 (2024)
Form 990-PF (2024)
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 Right Arrow
 Firm's EIN Right Arrow
Firm's address Right Arrow


 Phone no.
Form 990-PF (2024)
Additional Data


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2024 AccountingFeesSchedule
Name:
BUTLER FAMILY FOUNDATION
EIN:
36-6101775
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 4,925 1,231   3,694

TY 2024 InvestmentsCorpStockSchedule
Name:
BUTLER FAMILY FOUNDATION
EIN:
36-6101775
Name of Stock End of Year Book Value End of Year Fair Market Value
BLAIR NFS 6375 BFF PORTFOLIO 7,636,857 16,178,191
BLAIR GDG 9034 BFF PORTFOLIO 2,644,754 5,067,853
BLAIR NFS 6376 LBA PORTFOLIO 7,034,720 13,821,840

TY 2024 OtherExpensesSchedule
Name:
BUTLER FAMILY FOUNDATION
EIN:
36-6101775
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT FEES 151,933 151,933   0
DUES & SUBSCRIPTIONS 1,009 0   1,009
MISCELLANEOUS 356 0   356
BANK SERVICE CHARGES 79 0   79


TY 2024 OtherProfessionalFeesSchedule
Name:
BUTLER FAMILY FOUNDATION
EIN:
36-6101775
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
OTHER ADMINISTRATIVE FEES 15,000 0   15,000
PROFESSIONAL FEES 21,175 0   21,175


TY 2024 TaxesSchedule
Name:
BUTLER FAMILY FOUNDATION
EIN:
36-6101775
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
EXCISE TAX ON INVESTMENT INCOME 32,000 0   0
FOREIGN TAXES 3,888 3,888   0