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
Mayer and Morris Kaplan Foundation
 
Number and street (or P.O. box number if mail is not delivered to street address)161 N Clark Street 3030
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
Chicago, IL60601
A Employer identification number

36-6099675
B Telephone number (see instructions)

(847) 681-5051
C right arrow
G Check all that apply:

D 1. Foreign organizations, check here............. right arrow
2. Foreign organizations meeting the 85%
test, check here and attach computation ... right arrow
E right arrow
H Check type of organization:
F right arrow
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)right arrow$25,897,622J 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) 1,471,100
2 Check right arrow.............
3 Interest on savings and temporary cash investments 186,979 186,979  
4 Dividends and interest from securities... 434,508 434,508  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,408,025
b Gross sales price for all assets on line 6a  
7 Capital gain net income (from Part IV, line 2)... 2,408,025
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
82,651 82,651  
12 Total. Add lines 1 through 11........ 4,583,263 3,112,163  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 182,292 0   182,292
14 Other employee salaries and wages...... 206,298 0   206,298
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
16,950 16,950   0
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
132,626 132,626   0
17 Interest............... 38,782 38,782   0
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
79,630 0   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings....... 18,344 0   18,344
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
499,245 342,662   149,019
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,174,167 531,020   555,953
25 Contributions, gifts, grants paid....... 1,532,113 1,578,113
26 Total expenses and disbursements. Add lines 24 and 25 2,706,280 531,020   2,134,066
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 1,876,983
b Net investment income (if negative, enter -0-) 2,581,143
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............. 25,127 472,568 472,568
2 Savings and temporary cash investments......... 636,477 1,857,572 1,857,572
3 Accounts receivable right arrow11,077
Less: allowance for doubtful accounts right arrow   1,057,471 11,077 11,077
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 arrow200,000
Less: allowance for doubtful accounts right arrow0 500,000 200,000 200,000
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 10,653,518 Click to see attachment
List of Attached Documents:
// Content
11,277,272 		11,277,272
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).......... 12,178,789 Click to see attachment
List of Attached Documents:
// Content
12,079,133 		12,079,133
14 Land, buildings, and equipment: basis right arrow105,425
Less: accumulated depreciation (attach schedule) right arrow105,425      
15 Other assets (describe right arrow)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 25,051,382 25,897,622 25,897,622
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable................. 186,000 115,000
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
13,991 		Click to see attachment
List of Attached Documents:
// Content
40,000
23 Total liabilities (add lines 17 through 22)......... 199,991 155,000
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........... 24,851,391 25,742,622
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)..... 24,851,391 25,742,622
30 Total liabilities and net assets/fund balances (see instructions). 25,051,382 25,897,622
Part III
Analysis of Changes in Net Assets or Fund Balances
1
Total net assets or fund balances at beginning of year—Part II, column (a), line 29 (must agree with end-of-year figure reported on prior year’s return) ...............
1
24,851,391
2
Enter amount from Part I, line 27a .....................
2
1,876,983
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
185,593
4
Add lines 1, 2, and 3 ..........................
4
26,913,967
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
1,171,345
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
25,742,622
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 Securities P    
b
c
d
e
(e)
Gross sales price 		(f)
Depreciation allowed
(or allowable) 		(g)
Cost or other basis
plus expense of sale 		(h)
Gain or (loss)
(e) plus (f) minus (g)
a       2,408,025
b
c
d
e
Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (l)
Gains (Col. (h) gain minus
col. (k), but not less than -0-) or
Losses (from col.(h))
(i)
F.M.V. as of 12/31/69 		(j)
Adjusted basis
as of 12/31/69 		(k)
Excess of col. (i)
over col. (j), if any
a       2,408,025
b
c
d
e
2 Capital gain net income or (net capital loss) Bracket If gain, also enter in Part I, line 7
If (loss), enter -0- in Part I, line 7		 Bracket 2 2,408,025
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 35,878
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 35,878
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 35,878
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 22,347
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 15,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 37,347
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 1,469
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow1,469 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
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 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. Click to see attachment
List of Attached Documents:
// Content
...............................
10
Yes
 
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowkapfam.com
14
The books are in care ofright arrowAlan Tinsmon Telephone no.right arrow (847) 681-5066

Located atright arrow161 N Clark Street 3030ChicagoIL ZIP+4right arrow60601
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
Dinaz I Mansuri Executive Director
40.00 		182,292 0 0
161 N Clark Street 3030
Chicago,IL60601
Jessica Kaplan Lundevall Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Charles Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Anne Kaplan Vice President/Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Aura de La Fuente Chairperson/Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
David Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Sarah Moore Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Hilary Kaplan Loretta President/Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Michael Kaplan Treasurer/Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Beth Kaplan Karmin Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Hannah Karmin Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Tellef Lundevall Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Kaja Lundevall Rumney Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Curt Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Henry Karmin Secretary/Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Edmund Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Stella Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Chloe Karmin Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Edmund Karmin Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Emma Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Ava Kaplan Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Hallvard Lundevall Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
Iselin Lundevall Trustee
0.00 		0 0 0
161 N Clark Street 3030
Chicago,IL60601
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
25,458,896
b
Average of monthly cash balances.......................
1b
1,495,872
c
Fair market value of all other assets (see instructions)................
1c
0
d
Total (add lines 1a, b, and c).........................
1d
26,954,768
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
26,954,768
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
404,322
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
26,550,446
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,327,522
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
1,327,522
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
35,878
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
15,303
c
Add lines 2a and 2b............................
2c
51,181
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,276,341
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,276,341
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
1,276,341
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
2,134,066
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
2,134,066
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 1,276,341
2 Undistributed income, if any, as of the end of 2024:
a Enter amount for 2023 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2024:
a From 2019...... 972,366
b From 2020...... 1,011,477
c From 2021...... 762,455
d From 2022...... 1,066,576
e From 2023...... 1,167,755
f Total of lines 3a through e ........ 4,980,629
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 2,134,066
a Applied to 2023, 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 2024 distributable amount..... 1,276,341
e Remaining amount distributed out of corpus 857,725
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 5,838,354
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 .......... 		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 2019 not
applied on line 5 or line 7 (see instructions) ... 		972,366
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ...... 		4,865,988
10 Analysis of line 9:
a Excess from 2020.... 1,011,477
b Excess from 2021.... 762,455
c Excess from 2022.... 1,066,576
d Excess from 2023.... 1,167,755
e Excess from 2024.... 857,725
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:
Dinaz I Mansuri Executive Director
161 N Clark Street 3030
Chicago,IL60601
(847) 681-5051
bThe form in which applications should be submitted and information and materials they should include:
Please contact for: Application Procedures/Document Checklist
cAny submission deadlines:
None
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
None
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

American Rivers Inc

1101 14th Street NW Suite 1400
Washington,DC20005 		  PC general operating support 10,000

Anti-Defamation League

1120 Lincoln St Ste 1301
Denver,CO80203 		  PC general operating support 5,000

Aspen Center for Environmental Studies

100 Puppy Smith Street
Aspen,CO81611 		  PC general operating support 1,200

Burke Mountain Academy

60 Alpine Lane
East Burke,VT05832 		  PC scholarship support 40,000

Central Queens Academy

88-14 Justice Avenue
Elmhurst,NY11373 		  PC general operating support 35,000

Children's Rights

88 Pine Street 800
New York,NY10005 		  PC general operating support 2,500

Concerned Citizens of Montauk

PO Box 915
Montauk,NY11954 		  PC general operating support 10,000

Conservation International

2011 Crystal Drive Suite 600
Arlington,VA22202 		  PC general operating support 2,500

Cool Culture

80 Hanson Place Suite 604
Brooklyn,NY11217 		  PC general operating support 2,000

Doctors Without Borders

40 Rector Street 16th Floor
New York,NY10006 		  PC general operating support 6,000

EveryTown for Gun Safety Support Fund

PO Box 3886
New York,NY10163 		  PC general operating support 6,000

Fund for the City of New York

Scholarship Plus 525 E 80th St 11a
New York,NY10013 		  PC support of Scholarship Plus 10,000

Jumpstart

308 Congress Street 6th Floor
Boston,MA02210 		  PC general operating support 5,000

Louisiana Bucket Brigade

2803 Saint Phillip Street
New Orleans,LA70119 		  PC general operating support 25,000

Natural Resources Defense Council

40 West 20th Street 11th Floor
New York,NY10011 		  PC general operating support 2,500

Natural Resources Defense Council

40 West 20th Street 11th Floor
New York,NY10011 		  PC general operating support 50,000

Oxfam America

226 Causeway Street 5th Floor
Boston,MA02114 		  PC general operating support 6,000

Partners in Health

PO Box 996
Frederick,MD21705 		  PC general operating support 6,000

Ravinia Festival Association

418 Sheridan Road
Highland Park,IL60035 		  PC general operating support 1,000

Southern Poverty Law Center

400 Washington Ave
Montgomery,AL36104 		  PC general operating support 10,000

Stratton Mountain School

World Cup Circle
Stratton Mountain,VT05155 		  PC general operating support 2,500

Taos Art Museum

PO Box 1848
Taos,NM87571 		  PC support of the capital campaign 150,000

Texas Campaign for the Environment Fund

814 San Jacinto Blvd Suite 410
Austin,TX78701 		  PC general operating support 25,000

The Art Base

PO Box 4300
Basalt,CO82621 		  PC general operating support 1,500

The Art Center Highland Park

1957 Sheridan Rd
Highland Park,IL60035 		  PC general operating support 500

The Aspen Institute

2300 N Street Suite 700
Washington,DC20037 		  PC support of Society of Fellows 5,000

The Kitchen

163B Bank Street 4th Floor Loft
New York,NY10014 		  PC general operating support 2,500

The New 42nd Street Inc

229 West 42nd Street 10th Floor
New York,NY10036 		  PC support of the Annual Fund of New Victory Theater 5,000

Tulane University

PO Box 61075
New Orleans,LA70118 		  PC general operating support 7,500

US Ski and Snowboard Foundation

PO Box 100 1 Victory Lane
Park City,UT84060 		  PC annual Inner Circle donation 20,000

United States Holocaust Memorial Museum

100 Raoul Wallenberg Pl SW
Washington,DC20024 		  PC general operating support 2,500

University of Colorado Foundation

INVST Community Studies
Boulder,CO80309 		  PC support of the INVST program 2,500

University of Colorado Foundation

INVST Community Studies
Boulder,CO80309 		  PC the Parent Fund 2,500

University of Denver

Attn Gift Processing
Denver,CO80291 		  PC general operating support 7,500

Wagner Free Institute of Science

1700 West Montgomery Avenue
Philadelphia,PA19121 		  PC general operating support 2,000

Wild Ones

2885 Butte des Morts Beach Road
Neenah,WI54956 		  PC general operating support 500

Williams College

75 Park Street
Williamstown,MA01267 		  PC financial aid 25,000

Art Institute of Chicago

111 South Michigan Avenue
Chicago,IL60603 		  PC general operating support 5,000

Chicago Botanic Garden

1000 Lake Cook Road
Glencoe,IL60022 		  PC general operating support 5,000

Chicago Public Media

848 East Grand Avenue Navy Pier
Chicago,IL60611 		  PC general operating support 5,000

Chicago Symphony Orchestra

220 South Michigan Avenue
Chicago,IL60604 		  PC general operating support 5,000

Ravinia Festival Association

418 Sheridan Road
Highland Park,IL60035 		  PC general operating support 5,000

Action for the Climate Emergency

4696 Broadway Suite 2
Boulder,CO80304 		  PC general operating support 50,000

All Chicago

651 W Washington Suite 504
Chicago,IL60661 		  PC support of the Student Emergency Fund 10,000

Bottom Line Chicago

65 East Wacker Place Suite 800
Chicago,IL60601 		  PC general operating support of Chicago program 20,000

Braven Inc

100 N LaSalle Street Suite 310
Chicago,IL60602 		  PC general operating support of Braven Chicago 30,000

Capital & Main

1910 W Sunset Blvd Ste 740
Los Angeles,CA90026 		  PC support of investigative journalism and climate reporting 30,000

Central California Environmental Justice Network

1907 N Gateway Blvd Ste 103
Fresno,CA93727 		  PC support of local organizing to oppose oil and gas infrastructure 25,000

Chicago CRED

300 E Randolph St Suite 3850
Chicago,IL60601 		  PC support of the school partnership pilot 36,000

Columbia Riverkeeper

407 Portway Avenue Suite 301
Hood River,OR97031 		  PC support of fighting fossil fuel infrastructure in the Pacific Northwest 35,000

Embarc

PO Box 221450
Chicago,IL60622 		  PC general operating support 40,000

Enlace Chicago

2756 S Harding
Chicago,IL60623 		  PC general operating support 35,000

Environmental Integrity Project

888 17th Street NW Suite 810
Washington,DC20006 		  PC recommended for support of Center for Applied Environmental Science/EIP Local Action Fund 25,000

Gray Matter Experience

20 North Wacker Drive Suite 1200
Chicago,IL60606 		  PC general operating support 10,000

Louisiana Bucket Brigade

2803 Saint Phillip Street
New Orleans,LA70119 		  PC recommended for support of Inclusive Louisiana to fight oil and gas infrastructure projects 20,000

Louisiana Environmental Action Network

162 Croydon Ave
Baton Rouge,LA70806 		  PC recommended for support of Boundless Community Action 10,000

Loyola University Chicago

820 North Michigan Avenue
Chicago,IL60661 		  PC general operating support of Arrupe College 40,000

Network for College Success

969 East 60th Street
Chicago,IL60637 		  PC general operating support 42,000

New York University

105 East 17th Street
New York,NY10003 		  PC for the State Energy & Environmental Impact Center, to support AG offices on climate and clean energy 50,000

North Lawndale College Preparatory School

1615 South Christiana Ave
Chicago,IL60623 		  PC general operating support 35,000

OneGoal

180 N Wabash Ave Suite 800
Chicago,IL60601 		  PC general operating support of Chicago program 35,000

Resources Legacy Fund

400 Capitol Mall Suite 2150
Sacramento,CA95814 		  PC recommended for Center for Asset Retirement Accountability for oil and gas cleanup efforts 50,000

Small Moves Foundation

540 North Dearborn Street 101080
Chicago,IL60610 		  PC support of the Principal Emergency Fund 44,000

The Chicago Public Education Fund

200 West Adams Suite 1910
Chicago,IL60606 		  PC general operating support 10,000

University of Chicago - Consortium on School Research

969 E 60th St
Chicago,IL60637 		  PC support of the Investor Council 10,000

Vermont Public Interest Research & Education Fund

141 Main St
Montpelier,VT05602 		  PC support of defending Vermonts Climate Superfund law 50,000

College Possible

833 N Orleans Street Suite 400
Chicago,IL60647 		  PC general operating support of Chicago program 30,000

National Louis University

122 South Michigan Avenue
Chicago,IL60603 		  PC support of Learn and Earn in Three 45,000

One Million Degrees

180 N Wabash Suite 415
Chicago,IL60601 		  PC general operating support 40,000

Chicago CRED

300 E Randolph St Suite 3850
Chicago,IL60601 		  PC general operating support 500

Southern Poverty Law Center

400 Washington Ave
Montgomery,AL36104 		  PC general operating support 500

The Chicago Public Education Fund

200 West Adams Suite 1910
Chicago,IL60606 		  PC support of LSC summer intern 4,500

Forefront

C/O FBRK Impact House 200 W Madison
St 2nd Floor
Chicago,IL60606 		  PC 2024 membership 2,913

National Center for Family Philanthropy

1667 K Street NW Ste 550
Washington,DC20006 		  PC Friend of the Family membership 1,500

Chicago State Foundation

9501 S King Dr ADM 322
Chicago,IL60628 		  PC general operating support 30,000

Chicagoland Workforce Funders Alliance

33 S State Street Suite 750
Chicago,IL60603 		  PC support of Chicagoland Workforce Funder Alliance's Pro Path Fund 15,000

Greenwood Project

231 S La Salle Street Suite 2100
Chicago,IL60604 		  PC general operating support 21,000

Partnership for College Completion

200 S Michigan Ave 14th Fl
Chicago,IL60604 		  PC general operating support 20,000

Year Up Chicago

233 West Jackson Blvd 400
Chicago,IL60606 		  PC general operating support of Chicago program 35,000

NewRoot Learning Institute (formerly Umoja)

910 West Van Buren St Suite 710
Chicago,IL60607 		  PC general operating support 40,000

Communities in Schools of Chicago

815 West Van Buren Street Suite 300
Chicago,IL60607 		  PC general operating support 1,000

CommunityHealth

2611 W Chicago Ave
Chicago,IL60622 		  PC general operating support 1,000

Friends of Brentano School

c/o Brentano Math and Science
Academy
Chicago,IL60647 		  PC $500 in support of AAPI and $500 for general operating support 1,000

Memphis Center for Reproductive Health

1203 Poplar Avenue
Memphis,TN38104 		  PC general operating support 1,000

Midwest Access Project

2638 N Greenview Ave
Chicago,IL60614 		  PC general operating support 1,000

Modern Classrooms Project Inc

15 14th St SE
Washington,DC20003 		  PC general operating support 500

Sarah's Circle

4838 N Sheridan Road
Chicago,IL60640 		  PC general operating support 1,000

Youth Guidance

1 North LaSalle Street Suite 900
Chicago,IL60602 		  PC support of WOW 1,000

Abraham in Motion Inc

C/O New York Live Arts
New York,NY10011 		  PC general operating support 1,000

Aspen Center for Environmental Studies

100 Puppy Smith Street
Aspen,CO81611 		  PC general operating support 1,000

Aspen Youth Center

PO Box 8266
Aspen,CO81612 		  PC general operating support 1,000

Basalt Education Foundation

PO Box 1278
Basalt,CO81621 		  PC general operating support 1,000

Edward Charles Foundation

269 South Beverly Dr
Beverly Hills,CA90212 		  PC Alex Morgan Foundation 1,000

Embarc

PO Box 221450
Chicago,IL60622 		  PC general operating support 5,000

Feeding San Diego

9477 Waples Street Ste 100
San Diego,CA92121 		  PC general operating support 2,500

Human Rights Watch

314 West Superior St Ste 300
Chicago,IL60654 		  PC general operating support 500

Merit School of Music

38 South Peoria Street
Chicago,IL60607 		  PC general operating support 1,000

Midwest Access Project

2638 N Greenview Ave
Chicago,IL60614 		  PC general operating support 1,000

Openlands

25 E Washington St Suite 1650
Chicago,IL60602 		  PC general operating support 500

Planned Parenthood of Illinois

18 S Michigan 6th Floor
Chicago,IL60603 		  PC general operating support 1,000

Planned Parenthood of the Pacific Southwest

1075 Camino Del Rio South
San Diego,CA92108 		  PC general operating support 1,500

RefugeeOne

6008 N California Ave
Chicago,IL60659 		  PC general operating support 1,000

The Art Base

PO Box 4300
Basalt,CO82621 		  PC general operating support 1,000
Total .................................right arrow 3a 1,578,113
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 ........... 		  13 14 186,966  
4 Dividends and interest from securities ....     14 434,508  
5 Net rental income or (loss) from real estate:
aDebt-financed property......          
bNot debt-financed property.....          
6 Net rental income or (loss) from personal property          
7 Other investment income .....     14 82,651  
8 Gain or (loss) from sales of assets other than
inventory ............ 		  72,256 18 2,335,769  
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) .. 72,269 3,039,894 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
3,112,163
(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
Schedule B
(Form 990)
(Rev. January 2025)
Department of the Treasury
Internal Revenue Service
Schedule of Contributors

right arrow Attach to Form 990, 990-EZ, or 990-PF.
right arrow Go to www.irs.gov/Form990 for the latest information.
OMB No. 1545-0047
Name of the organization
Mayer and Morris Kaplan Foundation
 
Employer identification number

36-6099675
Organization type (check one):
Filers of:
Section:
Form 990 or 990-EZ
501(c)( ) (enter number) organization

4947(a)(1) nonexempt charitable trust not treated as a private foundation

527 political organization


Form 990-PF
501(c)(3) exempt private foundation

4947(a)(1) nonexempt charitable trust treated as a private foundation

501(c)(3) taxable private foundation
Check if your organization is covered by the General Rule or a Special Rule.  
Note:  Only a section 501(c)(7), (8), or (10) organization can check boxes for both the General Rule and a Special Rule. See instructions.
General Rule
For an organization filing Form 990, 990-EZ, or 990-PF that received, during the year, contributions totaling $5,000 or more (in money or other property) from any one contributor. Complete Parts I and II. See instructions for determining a contributor's total contributions.
Special Rules
For an organization described in section 501(c)(3) filing Form 990 or 990-EZ that met the 331/3% support test of the regulations
under sections 509(a)(1) and 170(b)(1)(A)(vi), that checked Schedule A (Form 990 or 990-EZ), Part II, line 13, 16a, or 16b, and that received from any one contributor, during the year, total contributions of the greater of (1) $5,000 or (2) 2% of the amount on (i) Form 990, Part VIII, line 1h, or (ii) Form 990-EZ, line 1. Complete Parts I and II.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, total contributions of more than $1,000 exclusively for religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals. Complete Parts I, II, and III.
For an organization described in section 501(c)(7), (8), or (10) filing Form 990 or 990-EZ that received from any one contributor,
during the year, contributions exclusively for religious, charitable, etc., purposes, but no such contributions totaled more than $1,000. If this box is checked, enter here the total contributions that were received during the year for an exclusively religious, charitable, etc., purpose. Don't complete any of the parts unless the General Rule applies to this organization because it received nonexclusively religious, charitable, etc., contributions totaling $5,000 or more during the year ......... Right Arrow $  
Caution: An organization that isn't covered by the General Rule and/or the Special Rules doesn't file Schedule B (Form 990,
990-EZ, or 990-PF), but it must answer “No” on Part IV, line 2, of its Form 990; or check the box on line H of its Form 990-EZ
or on its Form 990PF, Part I, line 2, to certify that it doesn't meet the filing requirements of Schedule B (Form 990,
990-EZ, or 990-PF).
For Paperwork Reduction Act Notice, see the Instructions
for Form 990, 990-EZ, or 990-PF.
Cat. No. 30613XSchedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025) Page 2
Name of organization
Mayer and Morris Kaplan Foundation
  		Employer identification number
36-6099675
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
1
Tellef Lundevall
161 N Clark Street 3030
 
Chicago, IL60601

$ 350


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
2
Jessica Kaplan Lundevall
161 N Clark Street 3030
 
Chicago, IL60601

$ 5,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
3
Beth Kaplan Karmin
161 N Clark Street 3030
 
Chicago, IL60601

$ 10,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
4
Jean Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 200,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
5
Hilary Kaplan Loretta
161 N Clark Street 3030
 
Chicago, IL60601

$ 2,500


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
6
Michael Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 335,959


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Mayer and Morris Kaplan Foundation
  		Employer identification number
36-6099675
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
7
Michael Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 55,399


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
8
Michael Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 251,292


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
9
Michael Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 107,486


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
10
Charlie Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 125,421


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
11
Charlie Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 149,835


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
12
Charlie Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 75,351


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Mayer and Morris Kaplan Foundation
  		Employer identification number
36-6099675
Part I
Contributors (see instructions). Use duplicate copies of Part I if additional space is needed.
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
13
Charlie Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 151,307


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
14
Emmaline Kaplan
161 N Clark Street 3030
 
Chicago, IL60601

$ 1,000


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
15
Frankie Loretta
161 N Clark Street 3030
 
Chicago, IL60601

$ 200


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
(a)
No.		 (b)
Name, address, and ZIP + 4		 (c)
Total contributions		 (d)
Type of contribution
 
 
 
 

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
Mayer and Morris Kaplan Foundation
  		Employer identification number

36-6099675
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
2
 . $ 5,000 2024-12-23
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
5
 . $ 2,500 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
6
 1771 Shares of Alphabet $ 335,959 2024-12-19
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
7
 100 Shares of Goldman Sachs $ 55,399 2024-12-19
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
8
 575 Shares of Microsoft $ 251,292 2025-12-19
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
9
 892 Shares of Morgan Stanley $ 107,486 2024-12-19
Schedule B (Form 990) (Rev. 1-2025)
Name of organization
Mayer and Morris Kaplan Foundation
  		Employer identification number

36-6099675
Part II
Noncash Property (see instructions). Use duplicate copies of Part II if additional space is needed.
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
10
 732 Shares of Alphabet $ 125,421 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
11
 702 Shares of Amazon $ 149,835 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
12
 412 Shares of Oracle $ 75,351 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
13
 250 Shares of United Health $ 151,307 2024-12-03
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
15
 , $ 200 2024-11-27
(a)
No. from Part I 		(b)
Description of noncash property given 		(c)
FMV (or estimate)
(See instructions) 		(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
Mayer and Morris Kaplan Foundation
  		Employer identification number

36-6099675
Part III
Exclusively religious, charitable, etc., contributions to organizations described in section 501(c) (7), (8), or (10) that total more than $1,000 for the year from any one contributor. Complete columns (a) through (e) and the following line entry. For organizations completing Part III, enter the total of exclusively religious, charitable, etc., contributions of $1,000 or less for the year. (Enter this information once. See instructions.) $  
Use duplicate copies of Part III if additional space is needed.
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
(a)
No. from Part I		 (b) Purpose of gift (c) Use of gift (d) Description of how gift is held
 
(e) Transfer of gift
Transferee's name, address, and ZIP 4 Relationship of transferor to transferee
 
 
     
 
Schedule B (Form 990) (Rev. 1-2025)
Additional Data


Software ID:  
Software Version:  

TY 2024 AccountingFeesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Accounting 16,950 16,950   0

TY 2024 InvestmentsCorpStockSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Name of Stock End of Year Book Value End of Year Fair Market Value
Common stocks and mutual funds 11,277,272 11,277,272

TY 2024 InvestmentsOtherSchedule2
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
Investments in limited partnerships FMV 12,079,133 12,079,133

TY 2024 OtherDecreasesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Description Amount
Book basis adjustment on contributed shares 1,171,345


TY 2024 OtherExpensesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Investment Expenses 342,662 342,662   0
Office Expenses 80,349 0   72,785
Consulting Expenses 76,219 0   76,219
Illinois Filing Fee 15 0   15


TY 2024 OtherIncomeSchedule2
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
Other Income 82,651 82,651 82,651


TY 2024 OtherIncreasesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Description Amount
Unrealized gain per financials 185,593


TY 2024 OtherLiabilitiesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Description Beginning of Year - Book Value End of Year - Book Value
Current and Deferred Income and Excise Taxes Payable, Net 13,991 40,000


TY 2024 OtherProfessionalFeesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Advisor Fees 132,626 132,626   0


TY 2024 SubstantialContributorsSch
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Name Address
Charlie Kaplan 161 N Clark Street 3030
Chicago,IL60601
Hillary Kaplan Loretta 161 N Clark Street 3030
Chicago,IL60601
Beth Kaplan Karmin 161 N Clark Street 3030
Chicago,IL60601
Jessica Kaplan Lundevall 161 N Clark Street 3030
Chicago,IL60601
Emmaline Kaplan 161 N Clark Street 3030
Chicago,IL60601
Jean Kaplan 161 N Clark Street 3030
Chicago,IL60601
Michael Kaplan 161 N Clark Street 3030
Chicago,IL60601


TY 2024 TaxesSchedule
Name:
Mayer and Morris Kaplan Foundation
EIN:
36-6099675
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
Foreign & State Taxes 79,630 0   0