Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
right arrowDo not enter social security numbers on this form as it may be made public.
right arrowGo to www.irs.gov/Form990PF for instructions and the latest information.
OMB No. 1545-0047
2023
Open to Public Inspection
For calendar year 2023, or tax year beginning 11-01-2023 , and ending 10-31-2024
Name of foundation
CRAIN-MALING FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)951 MT VERNON AVENUE
  Room/suite
City or town, state or province, country, and ZIP or foreign postal code
LAKE FOREST, IL60045
A Employer identification number

20-4310219
B Telephone number (see instructions)

(847) 917-0855
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$34,358,500J 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 3,072 3,072  
4 Dividends and interest from securities... 1,879,034 1,879,034  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 371,101
b Gross sales price for all assets on line 6a 17,492,248
7 Capital gain net income (from Part IV, line 2)... 371,101
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
146,657 6,916  
12 Total. Add lines 1 through 11........ 2,399,864 2,260,123  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 637,773 77,385   560,388
14 Other employee salaries and wages......        
15 Pension plans, employee benefits....... 375,475 33,627   341,848
16a Legal fees (attach schedule)......... Click to see attachment
List of Attached Documents:
// Content
3,805 1,903   1,902
b Accounting fees (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
54,000 27,000   27,000
c Other professional fees (attach schedule).... Click to see attachment
List of Attached Documents:
// Content
232,479 232,479   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... Click to see attachment
List of Attached Documents:
// Content
54,686 1,686   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 40,706 8,141   32,565
21 Travel, conferences, and meetings....... 2,358 472   1,886
22 Printing and publications..........        
23 Other expenses (attach schedule)....... Click to see attachment
List of Attached Documents:
// Content
34,417 6,884   27,533
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 1,435,699 389,577   993,122
25 Contributions, gifts, grants paid....... 1,428,900 1,428,900
26 Total expenses and disbursements. Add lines 24 and 25 2,864,599 389,577   2,422,022
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -464,735
b Net investment income (if negative, enter -0-) 1,870,546
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2023)
Form 990-PF (2023)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.) 		Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing............. 277,652    
2 Savings and temporary cash investments.........   199,202 199,202
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule) 7,177,183 Click to see attachment
List of Attached Documents:
// Content
5,111,775 		5,189,216
b Investments—corporate stock (attach schedule)....... 14,250,748 Click to see attachment
List of Attached Documents:
// Content
13,242,179 		14,560,529
c Investments—corporate bonds (attach schedule)....... 11,356,751 Click to see attachment
List of Attached Documents:
// Content
14,054,177 		14,389,411
11 Investments—land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule).......... 114,438 Click to see attachment
List of Attached Documents:
// Content
71,991 		20,142
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) 33,176,772 32,679,324 34,358,500
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) Click to see attachment
List of Attached Documents:
// Content
540,722 		Click to see attachment
List of Attached Documents:
// Content
576,633
23 Total liabilities (add lines 17 through 22)......... 540,722 576,633
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 0 0
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 32,636,050 32,102,691
29 Total net assets or fund balances (see instructions)..... 32,636,050 32,102,691
30 Total liabilities and net assets/fund balances (see instructions). 33,176,772 32,679,324
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
32,636,050
2
Enter amount from Part I, line 27a .....................
2
-464,735
3
Other increases not included in line 2 (itemize) right arrow
3
0
4
Add lines 1, 2, and 3 ..........................
4
32,171,315
5
Decreases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
5
68,624
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
32,102,691
Form 990-PF (2023)
Form 990-PF (2023)
Page 3
Part IV
Capital Gains and Losses for Tax on Investment Income
(a) List and describe the kind(s) of property sold (e.g., real estate,
2-story brick warehouse; or common stock, 200 shs. MLC Co.)		 (b)
How acquired
P—Purchase
D—Donation 		(c)
Date acquired
(mo., day, yr.) 		(d)
Date sold
(mo., day, yr.)
1 a PUBLICLY TRADED SECURITIES      
b GLOBAL PRIVATE OPPS PTNRS OFFSHORE LP P    
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 17,492,248   17,106,302 385,946
b     14,845 -14,845
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       385,946
b       -14,845
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 2 371,101
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 26,001
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 26,001
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 26,001
6 Credits/Payments:
a 2023 estimated tax payments and 2022 overpayment credited to 2023 6a 36,535
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 5,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 41,535
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 15,534
11 Enter the amount of line 10 to be: Credited to 2024 estimated taxright arrow15,534 Refundedright arrow 11 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 4
Part VI-A
Statements Regarding Activities
1a
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did
Yes
No
it participate or intervene in any political campaign? ....................
1a
 
No
b
Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions
for the definition.................................
1b
 
No
If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials
published or distributed by the foundation in connection with the activities.
c
Did the foundation file Form 1120-POL for this year?.....................
1c
 
No
d
Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:
(1) On the foundation. right arrow$ 0(2) On foundation managers.right arrow$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.right arrow$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?.........
4a
Yes
 
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
Yes
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
round bullet By language in the governing instrument, or
round bullet By state legislation that effectively amends the governing instrument so that no mandatory directions
that conflict with the state law remain in the governing instrument? ................
6
Yes
 
7
Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c),
and Part XIV..................................
7
Yes
 
8a
Enter the states to which the foundation reports or with which it is registered (see instructions)
right arrowIL, WI
b
If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney
General (or designate) of each state as required by General Instruction G? If "No," attach explanation .
8b
Yes
 
9
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3)
or 4942(j)(5) for calendar year 2023 or the taxable year beginning in 2023? See the instructions for Part XIII.
If "Yes," complete Part XIII .............................
9
 
No
10
Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names
and addresses. ...............................
10
 
No
11
At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the
meaning of section 512(b)(13)? If "Yes," attach schedule. See instructions .............
11
 
No
12
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had
advisory privileges? If "Yes," attach statement. See instructions.................
12
 
No
13
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?
13
Yes
 
Website addressright arrowN/A
14
The books are in care ofright arrowMICHAEL MALING Telephone no.right arrow (847) 917-0855

Located atright arrow951 MT VERNON AVENUELAKE 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 2023, did the foundation have an interest in or a signature or other authority over YesNo
a bank, securities, or other financial account in a foreign country? .................
16   No
See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes", enter the name of the foreign
country right arrow
Form 990-PF (2023)
Form 990-PF (2023)
Page 5
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required
File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.
Yes
No
1a
During the year did the foundation (either directly or indirectly):
(1) Engage in the sale or exchange, or leasing of property with a disqualified person? ...........
1a(1)
 
No
(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
a disqualified person? ..............................
1a(2)
 
No
(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person? ...........
1a(3)
 
No
(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person? ............
1a(4)
Yes
 
(5) Transfer any income or assets to a disqualified person (or make any of either available
for the benefit or use of a disqualified person)? ......................
1a(5)
 
No
(6) Agree to pay money or property to a government official? (Exception. Check "No"
if the foundation agreed to make a grant to or to employ the official for a period
after termination of government service, if terminating within 90 days.) ...............
1a(6)
 
No
b
If any answer is "Yes" to 1a(1)–(6), did any of the acts fail to qualify under the exceptions described in Regulations
section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions ..........
1b
 
No
c
Organizations relying on a current notice regarding disaster assistance check here ........right arrow
d
Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts,
that were not corrected before the first day of the tax year beginning in 2023? .............
1d
 
No
2
Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private
operating foundation defined in section 4942(j)(3) or 4942(j)(5)):
a
At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines 6d
and 6e) for tax year(s) beginning before 2023?....................
2a
 
No
If "Yes," list the years right arrow20, 20, 20, 20
b
Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2)
(relating to incorrect valuation of assets) to the year’s undistributed income? (If applying section 4942(a)(2)
to all years listed, answer "No" and attach statement—see instructions.) ..............
2b
 
 
c
If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.
right arrow20, 20, 20, 20
3a
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at
any time during the year? ..............................
3a
 
No
b
If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation
or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved
by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3)
the lapse of the 10-, 15-, or 20-year first phase holding period? (Use Schedule C, Form 4720, to determine
if the foundation had excess business holdings in 2023.) .....................
3b
 
 
4a
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?
4a
 
No
b
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its
charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in 2023? ..
4b
 
No
Form 990-PF (2023)
Form 990-PF (2023)
Page 6
Part VI-B
Statements Regarding Activities for Which Form 4720 May Be Required (continued)
5a
During the year did the foundation pay or incur any amount to:
Yes
No
(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ..........
5a(1)
 
No
(2) Influence the outcome of any specific public election (see section 4955); or to carry
on, directly or indirectly, any voter registration drive? ....................
5a(2)
 
No
(3) Provide a grant to an individual for travel, study, or other similar purposes? .............
5a(3)
 
No
(4) Provide a grant to an organization other than a charitable, etc., organization described
in section 4945(d)(4)(A)? See instructions ........................
5a(4)
 
No
(5) Provide for any purpose other than religious, charitable, scientific, literary, or
educational purposes, or for the prevention of cruelty to children or animals? .............
5a(5)
 
No
b
If any answer is "Yes" to 5a(1)–(5), did any of the transactions fail to qualify under the exceptions described in
Regulations section 53.4945 or in a current notice regarding disaster assistance? See instructions ........
5b
 
 
c
Organizations relying on a current notice regarding disaster assistance check .........right arrow
d
If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the
tax because it maintained expenditure responsibility for the grant? .................
5d
 
 
If "Yes," attach the statement required by Regulations section 53.4945–5(d).
6a
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on
a personal benefit contract? .............................
6a
 
No
b
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract? ....
6b
 
No
If "Yes" to 6b, file Form 8870.
7a
At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction?
7a
 
No
b
If "Yes", did the foundation receive any proceeds or have any net income attributable to the transaction? .....
7b
 
 
8
Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or
excess parachute payment during the year? .........................
8
 
No
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors
1 List all officers, directors, trustees, foundation managers and their compensation. See instructions
(a) Name and address (b) Title, and average
hours per week
devoted to position 		(c) Compensation
 (If not paid, enter
-0-) 		(d) Contributions to employee benefit plans and deferred compensation (e) Expense account,
other allowances
MICHAEL S MALING CHAIRPERSON, CEO & DIRECTOR
40.00 		386,925 168,136 0
951 MT VERNON AVENUE
LAKE FOREST,IL60045
ELISE WILLIAMS CO-PRESIDENT, TREASURER & DIRECTOR
40.00 		125,424 52,222 0
1760 GEORGE COURT
GLENVIEW,IL60025
MARISSA IANCU CO-PRESIDENT, SECRETARY & DIRECTOR
40.00 		125,424 155,117 0
8500 KEELER AVE
SKOKIE,IL60076
2 Compensation of five highest-paid employees (other than those included on line 1—see instructions). If none, enter “NONE."
(a) Name and address of each employee paid more than $50,000 (b) Title, and average
hours per week
devoted to position 		(c) Compensation (d) Contributions to
employee benefit
plans and deferred
compensation 		(e) Expense account,
other allowances
NONE
Total number of other employees paid over $50,000...................right arrow 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 7
Part VII
Information About Officers, Directors, Trustees, Foundation Managers, Highly Paid Employees,
and Contractors (continued)
3 Five highest-paid independent contractors for professional services (see instructions). If none, enter "NONE".
(a) Name and address of each person paid more than $50,000 (b) Type of service (c) Compensation
MID-CONTINENT CAPITAL INVESTMENT MANAGEMENT 232,479
123 N WACKER DR SUITE 1100
CHICAGO,IL60606
Total number of others receiving over $50,000 for professional services.............right arrow0
Part VIII-A
Summary of Direct Charitable Activities
List the foundation’s four largest direct charitable activities during the tax year. Include relevant statistical information such as the number of organizations and other beneficiaries served, conferences convened, research papers produced, etc. Expenses
1  
2  
3  
4  
Part VIII-B
Summary of Program-Related Investments (see instructions)
Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2. Amount
1  
2  
All other program-related investments. See instructions.
3  
Total. Add lines 1 through 3.........................right arrow0
Form 990-PF (2023)
Form 990-PF (2023)
Page 8
Part IX
Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)
1
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc.,
purposes:
a
Average monthly fair market value of securities...................
1a
33,970,719
b
Average of monthly cash balances.......................
1b
339,426
c
Fair market value of all other assets (see instructions)................
1c
5,154,109
d
Total (add lines 1a, b, and c).........................
1d
39,464,254
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
39,464,254
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
591,964
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
38,872,290
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
1,943,615
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
1,943,615
2a
Tax on investment income for 2022 from Part V, line 5.......
2a
26,001
b
Income tax for 2022. (This does not include the tax from Part V.) ...
2b
26,222
c
Add lines 2a and 2b............................
2c
52,223
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
1,891,392
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
1,891,392
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
1,891,392
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
2,422,022
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
2,422,022
Form 990-PF (2023)
Form 990-PF (2023)
Page 9
Part XII
Undistributed Income (see instructions)
(a)
Corpus 		(b)
Years prior to 2022 		(c)
2022 		(d)
2023
1 Distributable amount for 2023 from Part X, line 7 1,891,392
2 Undistributed income, if any, as of the end of 2022:
a Enter amount for 2022 only....... 0
b Total for prior years:20 , 20, 20 0
3 Excess distributions carryover, if any, to 2022:
a From 2018...... 139,593
b From 2019......  
c From 2020......  
d From 2021...... 6,357
e From 2022...... 467,851
f Total of lines 3a through e ........ 613,801
4Qualifying distributions for 2023 from Part
XI, line 4: right arrow$ 2,422,022
a Applied to 2022, but not more than line 2a 0
b Applied to undistributed income of prior years
(Election required—see instructions)..... 		0
c Treated as distributions out of corpus (Election
required—see instructions)........ 		0
d Applied to 2023 distributable amount..... 1,891,392
e Remaining amount distributed out of corpus 530,630
5 Excess distributions carryover applied to 2023. 0 0
(If an amount appears in column (d), the
same amount must be shown in column (a).)
6Enter the net total of each column as
indicated below:
a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 1,144,431
b Prior years’ undistributed income. Subtract
line 4b from line 2b .......... 		0
c Enter the amount of prior years’ undistributed
income for which a notice of deficiency has
been issued, or on which the section 4942(a)
tax has been previously assessed...... 		0
d Subtract line 6c from line 6b. Taxable amount
—see instructions ........... 		0
e Undistributed income for 2022. Subtract line
4a from line 2a. Taxable amount—see
instructions ............. 		0
f Undistributed income for 2023. Subtract
lines 4d and 5 from line 1. This amount must
be distributed in 2024 .......... 		0
7 Amounts treated as distributions out of
corpus to satisfy requirements imposed by
section 170(b)(1)(F) or 4942(g)(3) (Election may
be required - see instructions) ....... 		0
8 Excess distributions carryover from 2018 not
applied on line 5 or line 7 (see instructions) ... 		139,593
9 Excess distributions carryover to 2024.
Subtract lines 7 and 8 from line 6a ...... 		1,004,838
10 Analysis of line 9:
a Excess from 2019....  
b Excess from 2020....  
c Excess from 2021.... 6,357
d Excess from 2022.... 467,851
e Excess from 2023.... 530,630
Form 990-PF (2023)
Form 990-PF (2023)
Page 10
Part XIII
Private Operating Foundations (see instructions and Part VI-A, question 9)
1a If the foundation has received a ruling or determination letter that it is a private operating
foundation, and the ruling is effective for 2023, enter the date of the ruling ...... right arrow
 
b Check box to indicate whether the organization is a private operating foundation described in section or
2a Enter the lesser of the adjusted net
income from Part I or the minimum
investment return from Part IX for each
year listed .......... 		Tax year Prior 3 years (e) Total
(a) 2023 (b) 2022 (c) 2021 (d) 2020
         
b 85% (0.85) of line 2a .........          
c Qualifying distributions from Part XI,
line 4 for each year listed ..... 		         
d Amounts included in line 2c not used directly
for active conduct of exempt activities .......... 		         
e Qualifying distributions made directly
for active conduct of exempt activities.
Subtract line 2d from line 2c .... 		         
3 Complete 3a, b, or c for the
alternative test relied upon:
a “Assets" alternative test—enter:
(1) Value of all assets ......          
(2) Value of assets qualifying
under section 4942(j)(3)(B)(i)		          
b “Endowment" alternative test— enter 2/3
of minimum investment return shown in
Part IX, line 6 for each year listed .. 		         
c “Support" alternative test—enter:
(1) Total support other than gross
investment income (interest,
dividends, rents, payments
on securities loans (section
512(a)(5)), or royalties) .... 		         
(2) Support from general public
and 5 or more exempt
organizations as provided in
section 4942(j)(3)(B)(iii).... 		         
(3) Largest amount of support
from an exempt organization		          
(4) Gross investment income          
Part XIV
Supplementary Information (Complete this part only if the foundation had $5,000 or more in
assets at any time during the year—see instructions.)
1Information Regarding Foundation Managers:
aList any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation
before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)
bList any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the
ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.
2Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here right arrow
aThe name, address, and telephone number or email address of the person to whom applications should be addressed:
bThe form in which applications should be submitted and information and materials they should include:
cAny submission deadlines:
dAny restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other
factors:
Form 990-PF (2023)
Form 990-PF (2023)
Page 11
Part XIV
Supplementary Information (continued)
3 Grants and Contributions Paid During the Year or Approved for Future Payment
Recipient If recipient is an individual,
show any relationship to
any foundation manager
or substantial contributor
 Foundation
status of
recipient 		Purpose of grant or
contribution 		Amount
Name and address (home or business)
aPaid during the year

ARF - ANIMAL RESCUE FOUNDATION

531 W ROOSEVELT RD
WHEATON,IL60189 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

ALIYA INTERNATIONAL STUDENT EXCHANGE PROGRAM

6720 BAY CIRCLE DR
KNOXVILLE,TN37918 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

AMERICAN FRIENDS OF OPHEL BAS ZION INSTITUTIONS INC

6247 N SACRAMENTO AVE
CHICAGO,IL60659 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 6,000

AMERICAN FRIENDS OF THE RABAM MEDICAL CENTER

442 5TH AVE STE 1353
NEW YORK,NY10018 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

ART INSTITUTE OF CHICAGO

111 SOUTH MICHIGAN AVENUE
CHICAGO,IL60603 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 3,000

ASPCA

520 EIGHTH AVENUE 7TH FLOOR
NEW YORK,NY10018 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

ASSOCIATED BETH RIVKA SCHOOL

310 CROWN ST
BROOKLYN,NY11225 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 10,000

ASSOCIATED TALMUD TORAHS

3531 MADISON ST
SKOKIE,IL60076 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 10,000

AVNER INSTITUTE

122 VANDERBILT AVE APT 5A
BROOKLYN,NY11205 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

BAIS CHANA WOMEN INTERNATIONAL

383 KINGSTON AVENUE SUITE 248
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 77,000

BEIS MIDRASH OF QUEENS

17 FORT GEORGE HL APT 7J
NEW YORK,NY10040 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 15,000

CAMP GAN ISRAEL

580 CROWN STREET APT 509
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

CARING FOR FRIENDS

530 W FULLERTON PKWY
CHICAGO,IL60614 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 30,000

CHABAD JEWISH CENTER OF ARLINGTON HEIGHTS

1616 PLYMOUTH DR
ARLINGTON HEIGHTS,IL60004 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHABAD LUBAVITCH OF FLATHEAD VALLEY

128 MOES RUN
KALISPELL,MT59901 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

CHABAD LUBAVITCH OF GREENSBORO

5203 W FRIENDLY AVE
GREENSBORO,NC27410 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHABAD OF CHAMPAIGN URBANA

509 S 4TH ST
CHAMPAIGN,IL61820 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHABAD OF CLUJ-NAPOCA ROMANIA

510 CROWN ST APT 2C
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

CHABAD OF GLENCOE

976 OAK DR
GLENCOE,IL60022 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

CHABAD OF LAKE FOREST

248 NILES AVE
LAKE FOREST,IL60045 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHABAD OF LAKE OSWEGO

1347 TROON DR
WEST LINN,OR97068 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

CHABAD OF MOBILE

812 DOWNTOWNER BLVD F
MOBILE,AL36609 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

CHABAD OF WHEELING

600 CENTRAL AVE
WHEELING,IL60090 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHAMAH

420 LEXINGTON AVE 300
NEW YORK,NY10170 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 30,000

CHEDER LUBAVITCH HEBREW DAY SCHOOL

5201 HOWARD ST
SKOKIE,IL60077 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 15,000

CHICAGO BOTANIC GARDEN

1000 LAKE COOK RD
GLENCOE,IL60022 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

CHICAGO FESTIVAL OF ISRAELI CINEMA

676 VERNON AVENUE
GLENCOE,IL60022 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

CHICAGO JEWISH DAY SCHOOL

3730 N CALIFORNIA
CHICAGO,IL60618 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHICAGO MEZUZAH AND MITZVAH CAMPAIGN

2939 W TOUHY AVE
CHICAGO,IL60645 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CHICAGO SYMPHONY ORCHESTRA

220 S MICHIGAN AVE
CHICAGO,IL60604 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 29,500

CLARION PROJECT INC

3401 ENTERPRISE PKWY STE 3340
BEACHWOOD,OH44122 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 55,000

COLEL CHABAD

806 EASTERN PARKWAY
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

CONGREGATION HAMERKAZ INC

211-10 18TH AVE
BAYSIDE,NY11360 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

CONGREGATION YESHIVA YAD MOISHE

1520 39TH ST
BROOKLYN,NY11218 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,500

CRIB

14 CENTRE STREET
CONCORD,NH03301 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

EDUCATIONAL INST OHOLEI TORAH

667 EASTERN PARKWAY
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

EZRAT ISRAEL INC

806 EASTERN PARKWAY
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

FEDERATION OF JEWISH COMMUNITY

1360 N PROSPECT AVE
MILWAUKEE,WI53202 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

FIDF

60 EAST 42ND STREET
NEW YORK,NY10165 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

FOUNDATION FOR EDUCATION & LEARNING

6220 N SAINT LOUIS AVE
CHICAGO,IL60659 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 10,000

FRIENDS OF MISHPACHA ORPHANAGE ODESSA

24 BALFOUR PLACE
BROOKLYN,NY11225 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 3,000

FRIENDS OF OR CHAYA

6522 N SACRAMENTO AVE
CHICAGO,IL60645 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 6,000

FRIENDSHIP CIRCLE OF WI

500 W SILVER SPRING DR
GLENDALE,WI53217 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

GASTROINTESTINAL RESEARCH FOUNDATION

70 E LAKE ST
CHICAGO,IL60601 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 50,000

GLOBAL JEWISH ASSISTANCE AND RELIEF NETWORK

1414 CARROLL ST
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

HADASSAH

50 W 58TH ST
NEW YORK,NY10019 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,900

HEBREW THEOLOGICAL COLLEGE

7135 CARPENTER RD
SKOKIE,IL60077 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

HILLEL TORAH DAY SCHOOL

7120 LARAMIE AVE
SKOKIE,IL60007 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

HILLSDALE COLLEGE

33 E COLLEGE STREET
HILLSDALE,MI49242 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

HINDA INSTITUTE

9401 MARGAIL AVE
DES PLAINES,IL60016 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 20,000

IDA CROWN JEWISH ACADEMY

8233 CENTRAL PARK AVE
SKOKIE,IL60076 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 18,000

ILLINOIS HOLOCAUST MUSEUM & EDUCATIONAL CENTER

9603 WOODS DRIVE
SKOKIE,IL60077 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

INTERNATIONAL FELLOWSHIP OF CHRISTIANS & JEWS

303 EAST WACKER STE 2300
CHICAGO,IL60601 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

INTERNATIONAL LONE SOLDIERS INC

479 VIOLA RD
SPRING VALLEY,NY109772540 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

ISRAEL NEXT GENERATION INC

78 POMONA RD
SUFFERN,NY10901 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

ISRAEL SELECT CHARITY FUND

144-16 68TH AVE
QUEENS,NY11367 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

JEWISH BEGINNINGS LUBAVITCH PRESCHOOL INC

6401 N SANTA MONICA BLVD
MILWAUKEE,WI53217 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

JEWISH EDUCATIONAL MEDIA

784 EASTERN PARKWAY SUITE 403
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 165,000

JEWISH ENRICHMENT PROGRAM

5200 S HYDE PARK BLVD
CHICAGO,IL60615 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

JEWISH HERITAGE INSTITUTE OF CHICAGOLAND

30 SPENCER CT
DEERFIELD,IL60015 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

JEWISH NATIONAL FUND

42 E 69TH ST
NEW YORK,NY10021 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 30,000

JEWISH YOUTH FOUNDATION

614 E BROWN DEER RD
MILWAUKEE,WI53217 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

J-LIFE OUTREACH INC

8170 N MCCORMICK BLVD 112
SKOKIE,IL60076 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

JOAN DACHS BAIS YAAKOV ELEMENTARY HEBREW DAY SCHOOL

3200 W PETERSON
CHICAGO,IL60659 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

LUBAVITCH CHABAD AT ISU & BLOOMINGTON

208 GRANDVIEW DR
NORMAL,IL61761 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 4,000

LUBAVITCH CHABAD OF GLENVIEW

701 HARLEM AVE
GLENVIEW,IL60025 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

LUBAVITCH GIRLS HIGH SCHOOL INC

6350 N WHIPPLE ST
CHICAGO,IL60659 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 3,000

LUBAVITCH MESIVTA OF CHICAGO

2756 W MORSE AVE
CHICAGO,IL60645 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 21,000

MACHNE ISRAEL

788 EASTERN PKWY
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

MARKLUND CHILDRENS HOME

1S450 WYATT DRIVE
GENEVA,IL60134 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

MENACHEM EDUCATION FOUNDATION INC

411 KINGSTON AVENUE SUITE 300
BROOKLYN,NY11225 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 10,000

MERKOS L INYONEI CHINUCH LUBAVITCH OF INDIANA INC

1037 GOLF LANE
INDIANAPOLIS,IN46260 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 130,000

MIKVA ASSOCIATION OF BUFFALO GROVE

491 FARRINGTON CT
BUFFALO GROVE,IL60089 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

MIZRACHI RELIGIOUS ZIONISTS OF CHICAGO

3740 DEMPSTER ST 2232
SKOKIE,IL60076 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

NATIONAL COMMITTE FOR THE FURTHERANCE OF JEWISH EDUCATION

824 EASTERN PARKWAY
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

NCSY

3200 W TOUHY AVE
SKOKIE,IL60076 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 53,000

NEIMUS MOSHE

54 LARRISON LOOP
STATEN ISLAND,NY10314 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 35,000

NORTH SHORE JEWISH CENTER CONGREGATION OR SIMCHA

237 THELIN COURT
WILMETTE,IL60091 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

NORTH SHORE TORAH CENTER-KOMIMIYUS

6247 N SACRAMENTO AVE
CHICAGO,IL60659 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 15,000

NORTHWEST SUBURBAN CHABAD

16296 APTAKISIC RD
PRAIRIE VIEW,IL60069 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

OPENDOR MEDIA

11110 WEST OAKLAND PARK BLVD SUITE
288
SUNRISE,FL33351 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

ORPHANS OF THE STORM

2200 RIVERWOODS RD
RIVERWOODS,IL60015 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

PAWS CHICAGO

1933 N MARCEY
CHICAGO,IL60614 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

RAV RABBINICAL ACADEMY OF VENICE

383 KINGSTON AVENUE SUITE 289
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

ROFEH CHOLIM CANCER SOCIETY

762 BEDFORD AVE
BROOKLYN,NY11205 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

SHLUCHIM OFFICE

816 EASTERN PARKWAY
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 15,000

STANFORD EISENBERG KNOXVILLE JEWISH DAY SCHOOL

1529 DOWNTOWN W BLVD
KNOXVILLE,TN37919 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

TEN YAD KALLAH GEMACH

559 EMPIRE BLVD
BROOKLYN,NY11225 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

THE BINYAMIN FUND INC

11 BAKER LANE
SUFFERN,NY10901 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 50,000

THE CHICAGO CENTER

6557 LINCOLN AVE
LINCOLNWOOD,IL60712 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

THE COVE SCHOOL

355 SKOKIE BLVD
NORTHBROOK,IL60062 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 28,000

THE GOOD PEOPLE FUND

384 WYOMING AVE
MILLBURN,NJ07041 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

THE HUMANE SOCIETY OF THE US

1255 23RD ST NW SUITE 450
WASHINGTON DC,DC20037 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

THE INSIGHT PROJECT FOR KIDS

1111 N DEARBORN ST SUITE 519
CHICAGO,IL60610 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 3,000

THE SHUL CENTER AT BAYSIDE

8825 N LAKE DR
BAYSIDE,WI53217 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 12,000

THE STUART I RASKAS FRIENDSHIP CIRCLE OF ILLINOIS

2095 LANDWEHR RD STE 101
NORTHBROOK,IL60062 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

TORAH COMMUNITY FUND INC

C/O JOSH WINTER 4 KATHERINE AVENUE
PASSAIC,NJ07055 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 3,000

TUNNEL TO TOWERS FOUNDATION

2361 HYLAN BLVD
STATEN ISLAND,NY10306 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

TZEMACH TZEDEK CONGREGATION

6738 N CALIFORNIA
CHICAGO,IL60645 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

UNIVERSITY OF CHICAGO

5801 S ELLIS AVE
CHICAGO,IL60637 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 50,000

UNIVERSITY OF IL FOUNDATION

1305 W GREEN ST
URBANA,IL61801 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 10,000

URJ 6 POINT SCI-TECH ACADEMY

1 ELM STREET
BYFIELD,MA01922 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

WASHINGTON INSTITUTE FOR NEAR EAST POLICY

1111 19TH STREET NW - SUITE 500
WASHINGTON,DC20036 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

WTTW

5400 N ST LOUIS AVE
CHICAGO,IL60625 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 25,000

YAD EZRA V'SHULAMIT

3470 WILSHIRE BLVD STE 1020
LOS ANGELES,CA90010 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 5,000

YAD HENNA SARA

10 UNDERWOOD PLACE STE 15
CLIFTON,NJ07013 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

YAD YISROEL INC

1070 38TH ST
BROOKLYN,NY112191011 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 2,000

YALDEI SHLUCHEI HA REBBE

353 KINGSTON AVE SUITE 302
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 3,000

YTTL LUBAVITCHER YESHIVA

570 CROWN ST
BROOKLYN,NY11213 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000

ZICHRON SHMUEL INC

11 MOHAWK LANE
POMONA,NY10970 		  PC EXEMPT PURPOSE OF THE ORGANIZATION 1,000
Total .................................right arrow 3a 1,428,900
bApproved for future payment
Total ................................. right arrow 3b 0
Form 990-PF (2023)
Form 990-PF (2023)
Page 12
Part XV-A
Analysis of Income-Producing Activities
Enter gross amounts unless otherwise indicated. Unrelated business income Excluded by section 512, 513, or 514 (e)
Related or exempt
function income
(See instructions.)
1Program service revenue: (a)
Business code 		(b)
Amount 		(c)
Exclusion code 		(d)
Amount
a
b
c
d
e
f
gFees and contracts from government agencies          
2 Membership dues and assessments ....          
3 Interest on savings and temporary cash
investments ........... 		    14 3,072  
4 Dividends and interest from securities ....     14 1,879,034  
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 ..... 901101 139,741 14 6,916  
8 Gain or (loss) from sales of assets other than
inventory ............ 		    18 371,101  
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) .. 139,741 2,260,123 0
13Total. Add line 12, columns (b), (d), and (e)..................
13
2,399,864
(See worksheet in line 13 instructions to verify calculations.)
Part XV-B
Relationship of Activities to the Accomplishment of Exempt Purposes
Line No.
DownArrow 		Explain below how each activity for which income is reported in column (e) of Part XV-A contributed importantly to
the accomplishment of the foundation’s exempt purposes (other than by providing funds for such purposes). (See
instructions.)
Form 990-PF (2023)
Form 990-PF (2023)
Page 13
Part XVI
Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations
1
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Yes
No
a
Transfers from the reporting foundation to a noncharitable exempt organization of:
(1) Cash...................................
1a(1)
 
No
(2) Other assets.................................
1a(2)
 
No
b
Other transactions:
(1) Sales of assets to a noncharitable exempt organization....................
1b(1)
 
No
(2) Purchases of assets from a noncharitable exempt organization..................
1b(2)
 
No
(3) Rental of facilities, equipment, or other assets.......................
1b(3)
 
No
(4) Reimbursement arrangements...........................
1b(4)
 
No
(5) Loans or loan guarantees.............................
1b(5)
 
No
(6) Performance of services or membership or fundraising solicitations................
1b(6)
 
No
c
Sharing of facilities, equipment, mailing lists, other assets, or paid employees..............
1c
 
No
d
If the answer to any of the above is "Yes," complete the following schedule. Column (b) should always show the fair market value
of the goods, other assets, or services given by the reporting foundation. If the foundation received less than fair market value
in any transaction or sharing arrangement, show in column (d) the value of the goods, other assets, or services received.
(a) Line No. (b) Amount involved (c) Name of noncharitable exempt organization (d) Description of transfers, transactions, and sharing arrangements
2a
Is the foundation directly or indirectly affiliated with, or related to, one or more tax-exempt organizations
described in section 501(c) (other than section 501(c)(3)) or in section 527? ...........
b
If "Yes," complete the following schedule.

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


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


Software ID:  
Software Version:  


Form 990PF - Special Condition Description:
Special Condition Description

TY 2023 AccountingFeesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 54,000 27,000   27,000

TY 2023 InvestmentsCorpBondsSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Name of Bond End of Year Book Value End of Year Fair Market Value
AMERICAN ELEC PWR 9/16/29 842,617 828,192
BANK OF AMERICA CALL 4/22 257,485 249,080
BANK NEW YORK MELLON 8/6/24 49,068 49,576
BOFA FINANCE LLC CALL 4/23/25 300,008 295,470
CITIGROUP INC CALL 4/25 849,291 809,640
CITIGROUP INC CALL 3/7 497,061 522,820
DOMINION ENERGY CUM 249,255 249,123
DOMINION ENERGY INC ENHANCED 756,807 784,733
EATON CORP 95,503 99,564
ENBRIDGE ENERGY PARTNERS CALL 9/15 734,615 764,460
ENBRIDGE INC CALL 01/15 750,552 795,015
ENBRIDGE INC CALL 9/25 349,830 369,698
GOLDMAN SACHS GROUP INC CALL 8/18 503,526 534,640
GOLDMAN SACHS GROUP INC CALL 4/23/24 302,105 315,399
GOLDMAN SACHS GROUP INC CALL 7/27 260,948 249,040
GS FIN CORP 407,172 402,480
KEYCORP NEW 894,605 961,330
JP MORGAN CHASE 400,609 422,816
METLIFE INC 434,707 415,779
NEXTERA ENERGY 267,590 296,826
REGIONS FINL CORP 735,080 747,623
SCHWAB DTD 4/30/20 1,238,441 1,268,498
SCHWAB DTD 3/4/22 656,955 682,122
VERIZON 245,548 250,000
WELLS FARGO 651,866 698,724
ZIONS BANCORPORATION CALL 11/30 795,154 831,938
ZIONS BANCORPORATION CALL 8/13 527,779 494,825

TY 2023 InvestmentsCorpStockSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Name of Stock End of Year Book Value End of Year Fair Market Value
ACCENTURE PLC IRELAND 76,473 83,102
ADVANCED MICRO DEVICES 77,760 81,400
ALPHABET INC CAP STK CL C 123,970 232,268
AMAZON COM INC 144,025 278,854
AON PLC REGISTERED SHS CL A 81,543 115,197
APPLE INC COM 84,610 131,028
CONSTELLATION BRANDS INC CL A 61,043 64,591
COSTCO WHOLESALE CORP NEW COM 54,292 114,518
ENBRIDGE INC 156,840 145,260
EDG RES INC 79,181 134,400
EXXON MOBILE CORP 66,946 81,279
INTUIT INCORPORATED COM 52,204 61,640
JP MORGAN CHASE & CO COM 70,758 109,407
MASTERCARD INC CL A COM 111,312 167,862
META PLATFORMS INC 20,083 84,002
MICROSOFT CORP COM 51,577 75,581
NOVO NORDISK 65,281 67,170
PALO ALTO NETWORKS 57,577 64,589
ROPER TECHNOLOGIES INC COM 62,324 77,971
RTX CORP 44,131 64,246
SALESFORCE.COM INC COM STOCK 34,498 67,598
SERVICENOW INC 74,796 92,366
SYNOPSYS INC 55,943 59,065
THERMO FISHER SCIENTIFIC INC COM 129,842 137,673
TRADEWEB MKTS INC CL A 69,032 153,543
UNITED HEALTHCARE 51,111 56,450
WALGREENS BOOTS 81,733 21,285
WORKDAY INC CL A 45,105 63,408
AEGON FDG 700,056 651,900
AFFILIATED MANAGERS PFD SER B 4.75% 584,027 617,500
AFFILIATED MANAGERS PFD SER B 6.75% 249,812 256,900
AGNC INVESTMENT CORP PFD 6.875% 513,568 594,000
AGNC INVESTMENT CORP PFD 7.75% 546,035 652,340
ALLSTATE CORP PFD 4/15 167,134 151,922
APOLLO GLOBAL 253,703 270,000
AT&T PFD SER C 4.75% 421,083 477,000
BANK AMER CORP 890,137 988,000
DIGITAL REALTY TRUST SER J 5.25% 801,178 905,388
MORGAN STANLEY PFD SER K 7.125 187,893 189,900
MORGAN STANLEY PFD SER P 5.85% 126,500 125,850
MORGAN STANLEY PFD SER P 6.375% 129,572 132,767
MORGAN STANLEY PFD SER 888,602 885,500
STIFEL FINANCIAL CORP PFD SER B 6.25% 313,111 315,125
WINTRUST FIN SER E PFD 6.875% 7/15/25 499,772 503,000
WINTRUST FIN SER D PFD 499,739 503,000
COMMUNITY HEALTHCARE 521,077 540,569
CARLYLE TACTICAL PRIVATE CREDIT 340,420 341,600
STEPSTONE PRIVATE MARKETS FUND 1,333,920 1,372,564
FIRST TRUST ALTERNATIVE OPP 540,800 546,421
NUVEEN CHURCHILL PRIVATE CAP 650,050 653,530

TY 2023 InvestmentsGovtObligationsSch
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
US Government Securities - End of Year Book Value:

5,101,775
US Government Securities - End of Year Fair Market Value:

5,179,243
State & Local Government Securities - End of Year Book Value:


10,000
State & Local Government Securities - End of Year Fair Market Value:


9,973


TY 2023 InvestmentsOtherSchedule2
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
GLOBAL PRIVATE OPPORTUNITIES PARTNERS OFFSHORE LP AT COST 71,991 20,142

TY 2023 LegalFeesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
LEGAL FEES 3,805 1,903   1,902


TY 2023 OtherDecreasesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Description Amount
STOCK BASIS ADJUSTMENTS 68,624


TY 2023 OtherExpensesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INSURANCE 5,863 1,173   4,690
PAYROLL PROCESSING FEES 2,236 447   1,789
OFFICE EXPENSE 26,318 5,264   21,054


TY 2023 OtherIncomeSchedule2
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
ALTERNATIVE INVESTMENTS - UBTI 139,741 0 139,741
ALTERNATIVE INVESTMENTS 6,916 6,916 6,916


TY 2023 OtherLiabilitiesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Description Beginning of Year - Book Value End of Year - Book Value
CREDIT CARD PAYABLE 660 2,216
INVESTMENT IN GRANDVIEW COURT LP 338,980 374,306
INVESTMENT IN GREENFIELD LP 114,916 94,127
INVESTMENT IN AURORA MARKETPLACE LP 86,166 91,035
INVESTMENT IN BMC WAUKEGAN LLC 0 14,949


TY 2023 OtherProfessionalFeesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES 232,479 232,479   0


TY 2023 TaxesSchedule
Name:
CRAIN-MALING FOUNDATION
EIN:
20-4310219
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FEDERAL EXCISE TAX 53,000 0   0
FOREIGN TAXES PAID 1,686 1,686   0