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
FINNEGAN FAMILY FOUNDATION
 
Number and street (or P.O. box number if mail is not delivered to street address)33 N DEARBORN 2230
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
CHICAGO, IL60602
A Employer identification number

36-4221334
B Telephone number (see instructions)

(312) 346-6000
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$84,405,100
J 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) 1,531,020
2 Check right arrow.............
3 Interest on savings and temporary cash investments 16 16  
4 Dividends and interest from securities... 1,537,080 1,537,080  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 2,644,296
b Gross sales price for all assets on line 6a 3,935,012
7 Capital gain net income (from Part IV, line 2)... 2,644,296
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)....... -22,841 -9,975 0
12 Total. Add lines 1 through 11........ 5,689,571 4,171,417 0
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 200,000 40,000 0 160,000
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule)....... 14,417 2,883 0 10,089
c Other professional fees (attach schedule).... 286,857 286,746 0 0
17 Interest............... 86,387 86,387 0 0
18 Taxes (attach schedule) (see instructions)... 117,742 55,572 0 12,170
19 Depreciation (attach schedule) and depletion...      
20 Occupancy.............. 36,591 7,318 0 29,273
21 Travel, conferences, and meetings....... 692 0 0 346
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 8,400 1,678 0 6,722
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 751,086 480,584 0 218,600
25 Contributions, gifts, grants paid....... 4,259,995 4,259,995
26 Total expenses and disbursements. Add lines 24 and 25 5,011,081 480,584 0 4,478,595
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements 678,490
b Net investment income (if negative, enter -0-) 3,690,833
c Adjusted net income (if negative, enter -0-)... 0
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2024)
Form 990-PF (2024)
Page 2
Part II Balance Sheets Attached schedules and amounts in the description column
should be for end-of-year amounts only. (See instructions.)
Beginning of year End of year
(a) Book Value (b) Book Value (c) Fair Market Value
Assets 1 Cash—non-interest-bearing.............      
2 Savings and temporary cash investments......... 7,089,258 6,651,822 6,651,822
3 Accounts receivable right arrow  
Less: allowance for doubtful accounts right arrow        
4 Pledges receivable right arrow  
Less: allowance for doubtful accounts right arrow        
5 Grants receivable.................      
6 Receivables due from officers, directors, trustees, and other
disqualified persons (attach schedule) (see instructions).....      
7 Other notes and loans receivable (attach schedule) right arrow  
Less: allowance for doubtful accounts right arrow        
8 Inventories for sale or use..............      
9 Prepaid expenses and deferred charges..........      
10a Investments—U.S. and state government obligations (attach schedule)      
b Investments—corporate stock (attach schedule)....... 22,542,087 Click to see attachment
List of Attached Documents:
// Content
22,222,201
58,337,671
c Investments—corporate bonds (attach schedule)....... 1,764,665 Click to see attachment
List of Attached Documents:
// Content
1,769,640
1,710,935
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).......... 10,213,445 Click to see attachment
List of Attached Documents:
// Content
11,686,059
17,704,672
14 Land, buildings, and equipment: basis right arrow  
Less: accumulated depreciation (attach schedule) right arrow        
15 Other assets (describe right arrow) Click to see attachment
List of Attached Documents:
// Content
-529
Click to see attachment
List of Attached Documents:
// Content
0
Click to see attachment
List of Attached Documents:
// Content
0
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 41,608,926 42,329,722 84,405,100
Liabilities 17 Accounts payable and accrued expenses..........    
18 Grants payable.................    
19 Deferred revenue.................    
20 Loans from officers, directors, trustees, and other disqualified persons    
21 Mortgages and other notes payable (attach schedule)......    
22 Other liabilities (describe right arrow)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances Foundations that follow FASB ASC 958, check here right arrow
and complete lines 24, 25, 29 and 30.
24 Net assets without donor restrictions...........    
25 Net assets with donor restrictions............    
Foundations that do not follow FASB ASC 958, check here right arrow
and complete lines 26 through 30.
26 Capital stock, trust principal, or current funds........ 41,608,926 42,329,722
27 Paid-in or capital surplus, or land, bldg., and equipment fund 0 0
28 Retained earnings, accumulated income, endowment, or other funds 0 0
29 Total net assets or fund balances (see instructions)..... 41,608,926 42,329,722
30 Total liabilities and net assets/fund balances (see instructions). 41,608,926 42,329,722
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
41,608,926
2
Enter amount from Part I, line 27a .....................
2
678,490
3
Other increases not included in line 2 (itemize) right arrowClick to see attachment
List of Attached Documents:
// Content
3
42,306
4
Add lines 1, 2, and 3 ..........................
4
42,329,722
5
Decreases not included in line 2 (itemize) right arrow
5
0
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 29 .
6
42,329,722
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 PERSHING #9610 P 2024-01-01 2024-12-31
b PERSHING #9610 P 2023-01-01 2024-12-31
c ADAMS STREET 2018 GLOBAL P 2023-01-01 2024-12-31
d CREATION INVESTMENTS FUND I P 2023-01-01 2024-12-31
e CREATION INVESTMENTS FUND II P 2023-01-01 2024-12-31
ADAMS STREET 2020 GLOBAL FUND P 2023-01-01 2024-12-31
ADAMS ST VENTURE INNOVATION FUND III P 2023-01-01 2024-12-31
ADAM ST VENTURE INNOVATION FUND IV P 2023-01-01 2024-12-31
AG REALTY VALUE FUND X P 2023-01-01 2024-12-31
ADAMS STREET 2024 GLOBAL P 2023-01-01 2024-12-31
STRATEGIC PARTNERS VIII - DISTRIBUTION IN EXCESS OF BASIS P 2023-01-01 2024-12-31
CAPITAL GAINS DIVIDENDS P    
(e)
Gross sales price
(f)
Depreciation allowed
(or allowable)
(g)
Cost or other basis
plus expense of sale
(h)
Gain or (loss)
(e) plus (f) minus (g)
a 42,569   40,014 2,555
b 3,633,330   1,084,858 2,548,472
c 52,678     52,678
d     129,296 -129,296
e     32,036 -32,036
    4,512 -4,512
1,517     1,517
515     515
16,775     16,775
6,452     6,452
34,936     34,936
146,240     146,240
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       2,555
b       2,548,472
c       52,678
d       -129,296
e       -32,036
      -4,512
      1,517
      515
      16,775
      6,452
      34,936
      146,240
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 2,644,296
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 2,555
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 51,303
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 51,303
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 51,303
6 Credits/Payments:
a 2024 estimated tax payments and 2023 overpayment credited to 2024 6a 33,415
b Exempt foreign organizations—tax withheld at source...... 6b 0
c Tax paid with application for extension of time to file (Form 8868)... 6c 50,000
d Backup withholding erroneously withheld .......... 6d 0
7 Total credits and payments. Add lines 6a through 6d.............. 7 83,415
8 Enter any penalty for underpayment of estimated tax. Check here if Form 2220 is attached. Click to see attachment
List of Attached Documents:
// Content
8 0
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......right arrow 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...right arrow 10 32,112
11 Enter the amount of line 10 to be: Credited to 2025 estimated taxright arrow32,112 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. ...............................
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 arrowFINNEGANFAMILYFDN.ORG
14
The books are in care ofright arrowKATHERINE F LEVENTHAL Telephone no.right arrow (312) 346-6000

Located atright arrow33 N DEARBORNCHICAGOIL ZIP+4right arrow60602
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)
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 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
ALBERT WARD MCCALLY III CHAIRMAN
8.00
30,000 0 0
2440 NORTH LAKEVIEW AVENUE 6F
CHICAGO,IL60614
MARY FINNEGAN SECRETARY/DIRECTOR
0.00
0 0 0
1133 MICHIGAN AVENUE
EVANSTON,IL60202
PAUL J FINNEGAN TREASURER/DIRECTOR
0.00
0 0 0
1133 MICHIGAN AVENUE
EVANSTON,IL60202
KATHERINE F LEVENTHAL PRESIDENT
40.00
170,000 0 0
700 GARNER AVE
AUSTIN,TX78704
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 N/A 0
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
60,493,111
b
Average of monthly cash balances.......................
1b
810,802
c
Fair market value of all other assets (see instructions)................
1c
15,833,976
d
Total (add lines 1a, b, and c).........................
1d
77,137,889
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
77,137,889
4
Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see
instructions) .............................
4
1,157,068
5
Net value of noncharitable-use assets. Subtract line 4 from line 3. ............
5
75,980,821
6
Minimum investment return. Enter 5% (0.05) of line 5................
6
3,799,041
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
3,799,041
2a
Tax on investment income for 2024 from Part V, line 5 .......
2a
51,303
b
Income tax for 2024. (This does not include the tax from Part V.) ...
2b
 
c
Add lines 2a and 2b............................
2c
51,303
3
Distributable amount before adjustments. Subtract line 2c from line 1............
3
3,747,738
4
Recoveries of amounts treated as qualifying distributions................
4
0
5
Add lines 3 and 4............................
5
3,747,738
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
3,747,738
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
4,478,595
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
4,478,595
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 3,747,738
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...... 170,433
b From 2020...... 504,048
c From 2021...... 292,057
d From 2022...... 708,919
e From 2023...... 896,333
f Total of lines 3a through e ........ 2,571,790
4Qualifying distributions for 2024 from Part
XI, line 4: right arrow$ 4,478,595
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..... 3,747,738
e Remaining amount distributed out of corpus 730,857
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 3,302,647
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) ...
170,433
9 Excess distributions carryover to 2025.
Subtract lines 7 and 8 from line 6a ......
3,132,214
10 Analysis of line 9:
a Excess from 2020.... 504,048
b Excess from 2021.... 292,057
c Excess from 2022.... 708,919
d Excess from 2023.... 896,333
e Excess from 2024.... 730,857
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).)
MARY FINNEGAN
PAUL J FINNEGAN
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 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 (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

A BETTER CHICAGO

200 WEST MADISON STREET 3RD FLOOR
CHICAGO,IL60606
NONE PC $100K TO GENERAL OPERATIONS AND $100K TO CATALYST FUND 200,000

ACADEMY FOR URBAN SCHOOL LEADERSHIP

3400 N AUSTIN AVE
CHICAGO,IL60634
NONE PC UNRESTRICTED 100,000

ADVANCE ILLINOIS

303 E WACKER DRIVE SUITE 1925
CHICAGO,IL60601
NONE PC UNRESTRICTED 10,000

ALLIANCE CHICAGO

225 W ILLINOIS STREET SUITE 500
CHICAGO,IL60654
NONE PC JUNO4ME 20,000

AMERICA NEEDS YOU

82 NASSAU ST 60358
NEW YORK,NY10038
NONE PC CHICAGO PROGRAM 15,000

ASPIRITECH

939 CHICAGO AVE
EVANSTON,IL60202
NONE PC UNRESTRICTED 5,000

BETTER FUTURE FORWARD

20711 HOLT AVE PO BOX 1063
LAKEVILLE,MN55044
NONE PC CHICAGO PROGRAM 50,000

BOOKS & BREAKFAST

419 GREENWOOD ST
EVANSTON,IL60201
NONE PC UNRESTRICTED 30,000

BOTTOM LINE

65 E WACKER PLACE SUITE 800
CHICAGO,IL60601
NONE PC CHICAGO PROGRAM 100,000

BRAVEN

100 N LASALLE STREET SUITE 310
CHICAGO,IL60602
NONE PC CHICAGO PROGRAM 50,000

BRIGHT PROMISES

200 W MADISON ST 3RD FLOOR
CHICAGO,IL60606
NONE PC UNRESTRICTED 1,000

CAROLE ROBERTSON CENTER

1111 SOUTH WESTERN AVE SUITE B
CHICAGO,IL60612
NONE PC UNRESTRICTED 20,000

CENTER FOR INDEPENDENT FUTURES

1015 DAVIS ST
EVANSTON,IL60201
NONE PC UNRESTRICTED 15,000

CHICAGO COMMUNITY FOUNDATION

33 S STATE ST SUITE 750
CHICAGO,IL60603
NONE PC $10K TO CHICAGOLAND WORKFORCE FUNDER ALLIANCE; PROGRESSIVE POST-SECONDARY PATHWAYS FUND 10,000

CHICAGO LIGHTS

126 E CHESTNUT ST
CHICAGO,IL60611
NONE PC TUTORING PROGRAM 2,000

CHICAGO PUBLIC EDUCATION FUND

200 W ADAMS ST SUITE 2150
CHICAGO,IL60606
NONE PC UNRESTRICTED 100,000

CHICAGO SCHOLARS

247 S STATE ST SUITE 700
CHICAGO,IL60604
NONE PC UNRESTRICTED 25,000

CHILDCARE NETWORK OF EVANSTON

1335 DODGE AVE
EVANSTON,IL60201
NONE PC UNRESTRICTED 25,000

CITY YEAR

36 S WABASH AVE SUITE 1300
CHICAGO,IL60603
NONE PC CHICAGO PROGRAM 100,000

CIVIC CONSULTING ALLIANCE

21 S CLARK ST SUITE 4301
CHICAGO,IL60603
NONE PC EDUCATION PROJECTS 10,000

COLLEGE POSSIBLE

755 PRIOR AVENUE NORTH 210
SAINT PAUL,MN55104
NONE PC CHICAGO PROGRAM 100,000

COMMUNITIES IN SCHOOLS

815 W VAN BUREN ST SUITE 300
CHICAGO,IL60607
NONE PC CHICAGO PROGRAM 50,000

CONNECTIONS FOR THE HOMELESS

2121 DEWEY AVENUE
EVANSTON,IL60201
NONE PC UNRESTRICTED 30,000

CRADLES TO CRAYONS

2500 W BRADLEY PLACE
CHICAGO,IL60618
NONE PC CHICAGO PROGRAM 35,000

CURT'S CAFE

2922 CENTRAL STREET
EVANSTON,IL60201
NONE PC UNRESTRICTED 25,000

EDUCATION PIONEERS

177 HUNTINGTON AVE SUITE 1703-14991
BOSTON,MA02115
NONE PC CHICAGO PROGRAM 50,000

EMBARC CHICAGO

PO BOX 221450
CHICAGO,IL60622
NONE PC 50K TO GENERAL OPERATING SUPPORT 50,000

ERIE FAMILY HEALTH FOUNDATION

1701 W SUPERIOR ST 3RD FLOOR
CHICAGO,IL60622
NONE PC $20K FOR GENERAL OPERATING SUPPORT 20,000

ETHS FOUNDATION

1600 DODGE AVE W127
EVANSTON,IL60201
NONE PC HEALTH SCIENCE CENTER 15,000

EVANSTON COMMUNITY FOUNDATION

1560 SHERMAN AVE SUITE 535
EVANSTON,IL60201
NONE PC UNRESTRICTED 25,000

EVANSTON GROWS

PO BOX 8011
EVANSTON,IL60204
NONE PC UNRESTRICTED 10,000

EVANSTON REBUILDING WAREHOUSE

1245 HARTREY AVE
EVANSTON,IL60202
NONE PC UNRESTRICTED 30,000

EVANSTON SCHOLARS

1234 SHERMAN AVE SUITE 214
EVANSTON,IL60202
NONE PC UNRESTRICTED 35,000

FOREFRONT

200 WEST MADISON STREET
CHICAGO,IL60606
NONE PC UNRESTRICTED 9,495

FOUNDATION 65

PO BOX 750
EVANSTON,IL60204
NONE PC UNRESTRICTED 25,000

FRIENDS OF THE CHILDREN - CHICAGO

1512 S PULASKI RD
CHICAGO,IL60623
NONE PC UNRESTRICTED 40,000

GENESYS WORKS

180 N WABASH AVE SUITE 600
CHICAGO,IL60601
NONE PC CHICAGO PROGRAM 20,000

GOLDEN APPLE FOUNDATION

901 W JACKSON BLVD SUITE 205
CHICAGO,IL60607
NONE PC GOLDEN APPLE SCHOLARS PROGRAM 25,000

GREATER CHICAGO FOOD DEPOSITORY

4100 W ANN LURIE PLACE
CHICAGO,IL60632
NONE PC UNRESTRICTED 25,000

GREENLIGHT FUND

50 MILK STREET 16TH FLOOR
BOSTON,MA02109
NONE PC CHICAGO PROGRAM 25,000

HEALTHY SCHOOLS CAMPAIGN

190 S LASALLESUITE 1508
CHICAGO,IL60603
NONE PC UNRESTRICTED 15,000

HELIX ILLINOIS

6237 N CLARK ST
CHICAGO,IL60660
NONE PC UNRESTRICTED 10,000

HEMENWAY SOUP KITCHEN

933 CHICAGO AVENUE
EVANSTON,IL60202
NONE PC UNRESTRICTED 1,000

HOPE CHICAGO

303 E WACKER DR 2109
CHICAGO,IL60601
NONE PC UNRESTRICTED 100,000

ILLINOIS NETWORK OF CHARTER SCHOOLS

150 N MICHIGAN AVE STE 430
CHICAGO,IL60601
NONE PC UNRESTRICTED 5,000

IMENTOR CHICAGO

515 N STATE STREET 14TH FLOOR
CHICAGO,IL60654
NONE PC UNRESTRICTED 100,000

INFANT WELFARE SOCIETY OF EVANSTON

2200 MAIN ST
EVANSTON,IL60202
NONE PC UNRESTRICTED 15,000

INGENUITY

440 N WELLS ST SUITE 505
CHICAGO,IL60654
NONE PC UNRESTRICTED 20,000

INTERNATIONAL NEIGHBORHOOD COLLABORATIVE

7300 S COTTAGE GROVE AVE
CHICAGO,IL60619
NONE PC THE DOVETAIL PROJECT 30,000

INTRINSIC SCHOOLS

4540 W BELMONT AVE
CHICAGO,IL60641
NONE PC UNRESTRICTED 25,000

JUMPSTART

308 CONGRESS STREET 6TH FLOOR
BOSTON,MA02210
NONE PC CHICAGO PROGRAM 15,000

KIDS FIRST CHICAGO

21 S CLARK STREET SUITE 4300
CHICAGO,IL60603
NONE PC UNRESTRICTED 45,000

KIPP CHICAGO SCHOOLS

2007 S HALSTED ST
CHICAGO,IL60608
NONE PC UNRESTRICTED 100,000

LAWRENCE HALL YOUTH SERVICES

4833 N FRANCISCO AVENUE
CHICAGO,IL60625
NONE PC UNRESTRICTED 15,000

LEADING EDUCATORS

201 SAINT CHARLES AVE SUITE 114 257
NEW ORLEANS,LA70170
NONE PC CHICAGO PROGRAM 55,000

LEAP INNOVATIONS

20 WEST KINZIE STREET SUITE 1500
CHICAGO,IL60654
NONE PC UNRESTRICTED 100,000

LEARN CHARTER SCHOOL NETWORK

PO BOX 08328
CHICAGO,IL60608
NONE PC UNRESTRICTED 75,000

LIFT

200 WEST MADISON ST SUITE 1700
CHICAGO,IL60606
NONE PC CHICAGO PROGRAM 35,000

LINK UNLIMITED

2221 S STATE ST
CHICAGO,IL60616
NONE PC UNRESTRICTED 25,000

MCGAW YMCA

1000 GROVE STREET
EVANSTON,IL60201
NONE PC UNRESTRICTED 30,000

METROPOLITAN FAMILY SERVICES

101 NORTH WACKER DRIVE 17 TH FLOOR
CHICAGO,IL60606
NONE PC GENERAL OPERATING SUPPORT FOR EVANSTON/SKOKIE VALLEY 100,000

METROSQUASH

6100 S COTTAGE GROVE AVE
CHICAGO,IL60637
NONE PC UNRESTRICTED 15,000

NATIONAL COUNCIL ON TEACHER QUALITY

1032 15TH STREET NW 242
WASHINGTON,DC20005
NONE PC ILLINOIS COMPONENT OF TEACHER PREP REVIEW 25,000

NATIONAL LOUIS UNIVERSITY

122 S MICHIGAN AVE
CHICAGO,IL60603
NONE PC ACCELERATE U PROGRAM 35,000

NEW CLASSROOMS

1250 BROADWAY 30TH FLOOR
NEW YORK,NY10001
NONE PC TEACH TO ONE/CHICAGO PROGRAM 50,000

NEW LEADERS

101 WEST 23RD STREET 300
NEW YORK,NY10011
NONE PC CHICAGO PROGRAM 60,000

NEW TEACHER CENTER

1205 PACIFIC AVENUE SUITE 301
SANTA CRUZ,CA95060
NONE PC CHICAGO PROGRAM 30,000

NOBLE NETWORK OF CHARTER SCHOOLS

1 NORTH STATE ST 7-LOWER
CHICAGO,IL60602
NONE PC NOBLE CHARTER SCHOOLS $100,000; SUMMER OF A LIFETIME: $5,000 105,000

NORTHSHORE UNIVERSITY HEALTHSYSTEM

13033 CENTRAL STREET
EVANSTON,IL60201
NONE PC ASPIRE COMMUNITY HEALTHCARE WORKFORCE DEVELOPMENT PROGRAM, IN PARTNERSHIP WITH THE CITY OF EVANSTON 200,000

ONE MILLION DEGREES

180 N WABASH SUITE 310
CHICAGO,IL60601
NONE PC UNRESTRICTED 65,000

ONEGOAL

180 N WABASH AVE SUITE 800
CHICAGO,IL60601
NONE PC CHICAGO PROGRAM 75,000

PARTNERSHIP FOR COLLEGE COMPLETION

200 S MICHIGAN AVE - SUITE 1410
CHICAGO,IL60604
NONE PC UNRESTRICTED 30,000

PEER HEALTH EXCHANGE

1423 BRADWAY 1059
OAKLAND,CA94612
NONE PC CHICAGO PROGRAM 40,000

POLICE FOR INC

137 PINEBANK RD
FLEMINGTON,NJ08822
NONE PC NEW BLUE PROJECT; EVANSTON OFFICERS 24,000

SAFER FOUNDATION

571 W JACKSON BLVD
CHICAGO,IL60661
NONE PC CHICAGO PROGRAM 10,000

SAGA EDUCATION

PO BOX 830128
PHILADELPHIA,PA191820128
NONE PC CHICAGO PROGRAM 10,000

SALVATION ARMY

1403 SHERMAN AVENUE
EVANSTON,IL60201
NONE PC EVANSTON CORPS 15,000

SKILLS FOR CHICAGOLAND'S FUTURE

191 N WACKER DRIVE SUITE 1150
CHICAGO,IL60606
NONE PC BEYOND THE DIPLOMA PROGRAM 25,000

SPRINGBOARD COLLABORATIVE

1500 JOHN F KENNEDY BLVD SUITE 1160
PHILADELPHIA,PA19102
NONE PC CHICAGO PROGRAM 20,000

START EARLY

33 W MONROE ST SUITE 1200
CHICAGO,IL60603
NONE PC UNRESTRICTED 100,000

SURGE INSTITUTE

2045 W GRAND AVENUE SUITE B PMB
63441
CHICAGO,IL606121577
NONE PC CHICAGO PROGRAM 20,000

TEACH FOR ALL

25 BROADWAY 12TH FLOOR
NEW YORK,NY10004
NONE PC UNRESTRICTED 100,000

TEACH FOR AMERICA

227 W MONROE ST 21ST FLOOR
CHICAGO,IL60606
NONE PC CHICAGO PROGRAM 100,000

TEACH PLUS

77 W WASHINGTON ST SUITE 1215
CHICAGO,IL60602
NONE PC INSTRUCTIONAL LEADERSHIP WORK IN CHICAGO 20,000

TEACHERS SUPPORTING TEACHERS

1240 N ASHLAND 221646
CHICAGO,IL60622
NONE PC UNRESTRICTED 30,000

THE HARBOUR

1440 RENAISSANCE DRIVE SUITE 240
PARK RIDGE,IL60068
NONE PC FOR SERVICES TO EVANSTON YOUTH 2,500

THE MODERN CLASSROOMS PROJECT

15 14TH STREET SE
WASHINGTON,DC20003
NONE PC CHICAGO PROGRAM 100,000

THE MORAN CENTER FOR YOUTH ADVOCACY

1900 A DEMPSTER ST
EVANSTON,IL60202
NONE PC UNRESTRICTED 25,000

THRIVE SCHOLARS

3748 SOUTH WABASH UNIT 1
CHICAGO,IL60653
NONE PC CHICAGO PROGRAM 50,000

TUTORING CHICAGO

303 W MADISON SUITE 750
CHICAGO,IL60606
NONE PC UNRESTRICTED 15,000

UIC COLLEGE OF EDUCATION

1040 W HARRISON STREET
CHICAGO,IL60607
NONE PC CENTER FOR URBAN EDUCATION LEADERSHIP 35,000

UNIVERSITY OF CHICAGO EDUCATION LAB

33 N LASALLE STREET SUITE 1600
CHICAGO,IL60602
NONE PC CHICAGO STUDENT SUCCESS INITIATIVE 25,000

UNIVERSITY OF CHICAGO

5235 S HARPER COURT 4TH FLOOR
CHICAGO,IL60615
NONE PC $15K TO TO & THROUGH INITIATIVE - MIDDLE GRADES NETWORK 15,000

UNIVERSITY OF CHICAGO

969 E 60TH STREET
CHICAGO,IL60637
NONE PC $50K TO TO & THROUGH INITIATIVE - NETWORK FOR COLLEGE SUCCESS 50,000

VOCEL

1550 W CARROLL AVENUE SUITE 203
CHICAGO,IL60607
NONE PC UNRESTRICTED 50,000

WORK ETHIC (WE) PROGRAM

2906 CENTRAL STREET 186
EVANSTON,IL60201
NONE PC UNRESTRICTED 20,000

YEAR UP

223 W JACKSON BLVD SUITE 400
CHICAGO,IL60606
NONE PC CHICAGO PROGRAM 100,000

YOUTH & OPPORTUNITY UNITED

1911 CHURCH ST
EVANSTON,IL60201
NONE PC SUMMER LEARNING PROGRAM 40,000

YOUTH JOB CENTER

1114 CHURCH STREET
EVANSTON,IL60201
NONE PC UNRESTRICTED 70,000

YWCA

1215 CHURCH STREET
EVANSTON,IL60201
NONE PC EVANSTON/NORTH SHORE OPERATION 10,000
Total .................................right arrow 3a 4,259,995
bApproved for future payment

A BETTER CHICAGO
200 WEST MADISON STREET 3RD FLOOR
CHICAGO,IL60606
NONE PC $100K TO GENERAL OPERATIONS AND $100K TO CATALYST FUND 800,000

ACADEMY FOR URBAN SCHOOL LEADERSHIP
3400 N AUSTIN AVE
CHICAGO,IL60634
NONE PC UNRESTRICTED 200,000

ADVANCE ILLINOIS
303 E WACKER DRIVE SUITE 1925
CHICAGO,IL60601
NONE PC UNRESTRICTED 10,000

AMERICA NEEDS YOU
82 NASSAU ST 60358
NEW YORK,NY10038
NONE PC CHICAGO PROGRAM 15,000

COLLEGE POSSIBLE
833 N ORLEANS ST SUITE 400
CHICAGO,IL60610
NONE PC CHICAGO PROGRAM 200,000

COMMUNITIES IN SCHOOLS
815 W VAN BUREN ST STE 300
CHICAGO,IL60607
NONE PC CHICAGO PROGRAM 100,000

EDUCATION PIONEERS
177 HUNTINGTON AVE SUITE 1703-14991
BOSTON,MA02115
NONE PC CHICAGO PROGRAM 50,000

HEALTHY SCHOOLS CAMPAIGN
190 S LASALLE SUITE 1508
CHICAGO,IL60603
NONE PC UNRESTRICTED 15,000

IMENTOR
515 N STATE STREET 14TH FLOOR
CHICAGO,IL60654
NONE PC CHICAGO PROGRAM 100,000

INFANT WELFARE SOCIETY OF EVANSTON
2200 MAIN ST
EVANSTON,IL60202
NONE PC UNRESTRICTED 15,000

INTERNATIONAL NEIGHBORHOOD COLLABORATIVE
7300 S COTTAGE GROVE AVE
CHICAGO,IL60619
NONE PC THE DOVETAIL PROJECT 30,000

JUMPSTART
308 CONGRESS STREET 6TH FLOOR
BOSTON,MA02210
NONE PC CHICAGO PROGRAM 15,000

LEARN
PO BOX 08328
CHICAGO,IL60608
NONE PC UNRESTRICTED 170,000

LIFT
200 WEST MADISON ST SUITE 1700
CHICAGO,IL60606
NONE PC CHICAGO PROGRAM 35,000

NOBLE NETWORK
1 NORTH STATE ST 7-LOWER
CHICAGO,IL60602
NONE PC UNRESTRICTED 100,000

PARTNERSHIP FOR COLLEGE COMPLETION
200 S MICHIGAN AVE - SUITE 1410
CHICAGO,IL60604
NONE PC UNRESTRICTED 30,000

SAGA EDUCATION
PO BOX 830128
PHILADELPHIA,PA191820128
NONE PC CHICAGO PROGRAM 10,000

SURGE INSTITUTE
2045 W GRAND AVENUE SUITE B PMB
63441
CHICAGO,IL606121577
NONE PC CHICAGO PROGRAM 20,000

TEACH FOR AMERICA
227 W MONROE ST 21ST FLOOR
CHICAGO,IL60606
NONE PC CHICAGO PROGRAM 200,000

TEACH PLUS
2035 S STATE STREET PO BOX 16740
CHICAGO,IL60616
NONE PC INSTRUCTIONAL LEADERSHIP WORK IN CHICAGO 25,000

THRIVE SCHOLARS
75 FEDERAL ST SUITE 1250
BOSTON,MA02110
NONE PC CHICAGO PROGRAM 100,000

VOCEL
1550 W CARROLL AVENUE SUITE 203
CHICAGO,IL60607
NONE PC UNRESTRICTED 225,000

YEARUP
PO BOX 412812
BOSTON,MA02241
NONE PC CHICAGO PROGRAM 100,000

YOUTH JOB CENTER
1114 CHURCH ST
EVANSTON,IL60201
NONE PC UNRESTRICTED 70,000
Total ................................. right arrow 3b 2,635,000
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 ...........
    14 16  
4 Dividends and interest from securities ....     14 1,537,080  
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 ..... 525990   01   22,093
8 Gain or (loss) from sales of assets other than
inventory ............
    18 2,644,296  
9 Net income or (loss) from special events:          
10 Gross profit or (loss) from sales of inventory          
11 Other revenue:
aFROM PASS-THROUGH ACTIVITIES
  0 01 -44,934 0
b
c
d
e
12 Subtotal. Add columns (b), (d), and (e) .. 0 4,136,458 22,093
13Total. Add line 12, columns (b), (d), and (e)..................
13
4,158,551
(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.)
7 THE AMOUNT REPORTED ON LINE 7 IS COMPRISED OF OTHER NON-INVESTMENT
7 RELATED INCOME AND NON-DIVIDEND DISTRIBUTIONS.
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
FINNEGAN FAMILY FOUNDATION
 
Employer identification number

36-4221334
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
FINNEGAN FAMILY FOUNDATION
 
Employer identification number
36-4221334
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
PAUL J FINNEGAN MARY FINNEGAN
1133 MICHIGAN AVENUE
 
EVANSTON, IL60202

$ 5,004,220


(Complete Part II for noncash contributions.)
(a)
No.
(b)
Name, address, and ZIP + 4
(c)
Total contributions
(d)
Type of contribution
2
PAUL J FINNEGAN MARY FINNEGAN
1133 MICHIGAN AVENUE
 
EVANSTON, IL60202

$ 1,521,920


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

$  


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

$  


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

$  


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

$  


(Complete Part II for noncash contributions.)
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 3
Name of organization
FINNEGAN FAMILY FOUNDATION
 
Employer identification number

36-4221334
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
1
13,000 SHS AON PLC STOCK (AON) $ 5,004,220 2024-11-13
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
(a)
No. from Part I
(b)
Description of noncash property given
(c)
FMV (or estimate)
(See instructions)
(d)
Date received
 
$    
Schedule B (Form 990) (Rev. 1-2025)
Schedule B (Form 990) (Rev. 1-2025)
Page 4
Name of organization
FINNEGAN FAMILY FOUNDATION
 
Employer identification number

36-4221334
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:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
ACCOUNTING FEES 14,417 2,883 0 10,089

TY 2024 InvestmentsCorpBondsSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Name of Bond End of Year Book Value End of Year Fair Market Value
APPLE INC 0.55%25 74,848 73,155
AIR PRODUCTS AND 1.5%25 51,827 48,828
AIR PRODUCTS AND 1.85%27 36,915 32,859
AMERICAN EXPRESS 1.65%26 65,063 61,535
AMERICAN TOWER C 2.95%25 30,661 29,982
AMERICAN TOWER CO 1.6%26 49,984 47,940
ADOBE INC 1.9%&25 74,865 74,796
AT&T INC. 1.7% 26 49,942 48,184
BANK OF AMERICA C VAR 26 80,025 79,788
BNY MELLON INVEST 1.05%26 25,006 23,497
CATERPILLAR FINL 1.15%26 29,973 28,392
CITIGROUP INC VAR 27 49,383 48,010
COSTCO WHOLESALE 1.375%27 41,029 37,177
COMCAST CORP 2.35%27 26,421 23,889
CROWN CASTLE INT 1.05%26 19,962 18,898
EQUINIX, INC (R 1.25%25) 49,910 49,010
EXXON MOBILE COR 2.275%26 53,804 48,336
GENERAL DYNAMICS 3.5%27 35,636 34,185
JP MORGAN CHASE & VAR 26 41,718 39,812
JP MORGAN CHASE & VAR 27 45,225 43,203
LEAR CORP 3.8%27 32,650 33,985
HUNTSMAN INTERNTN 64,074 62,077
JETBLUE 2019-1B PAS 3,054 3,058
CATERPILLAR FINL 4.375%29 55,081 54,058
VULCAN MATERIALS 85,147 84,465
SCHLUMBERGER S.A4.5%28F 20,013 19,846
CONOCOPHILLIPS CO 44,965 44,531
THE PNC FINL SERV VAR 55,739 55,774
THE PROGRESSIVE C 2.5% 27 50,171 47,864
U.S. BANCORP 3.1% 26 39,098 34,196
VIRGINIA ELECTRIC 3.5%27 18,848 19,479
VISA INC. 1.9%27 52,510 47,172
WARNERMEDIA HOL 3.755%27 18,575 19,261
WALMART INC. 1.05%26 49,931 47,304
PEPSICO, INC. 2.25%25 25,007 24,874
PFIZER INC. 0.8%25 39,775 39,400
MORGAN STANLEY VAR 26 26,320 24,781
THE PNC FINL SERV VAR 29,968 28,372
ENTERGY LOUISIANA 46,643 47,594
COMCAST CORP 3.55%28 47,392 47,988
CITIGROUP INC. VAR 30 32,482 33,380

TY 2024 InvestmentsCorpStockSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Name of Stock End of Year Book Value End of Year Fair Market Value
ISHARES S&P SMALL CAP 837,256 2,853,653
MIDCAP SPDR TRUST SERIES I 469,105 2,004,922
VANGUARD TOTAL INT'L STOCK IDX 1,255,151 1,534,292
VANGUARD EMERGING MKTS ETF 124,357 157,883
VANGUARD EMERGING MKTS STOCK 1,568,775 1,267,415
PACKAGING CORP OF AMERICA 5,425 1,673,166
VANGUARD MIDCAP INDEX FUND 1,816,453 5,653,795
MATTHEWS PACIFIC TIGER 300,000 211,111
ISHARES CORE S&P 500 ETF 300,082 740,559
T-MOBILE US INC 194,615 2,871,477
GATEWAY FD-Y 700,000 1,023,349
HPS CORE SENIOR LENDING 256,658 270,362
HPS CORE SENIOR LENDING II 370,031 379,812
HPS MEZZANINE PRIVATE INVESTORS III 93,564 278,911
CRP VIII (CARLYLE) PRIVATE 309,378 435,433
HPS MEZZANINE PRIVATE INVESTORS II 485,703 822,650
HIGHBRIDGE STRATEGIC CREDIT FUND 168,724 286,548
ALPHABET INC 448,289 1,510,189
ASHTEAD GROUP PLC 309,032 391,682
BERKSHIRE HATHAWAY INC DEL CL A 154,685 2,042,760
BROWN FORMAN CORP CL A 11,313 145,107
CIE FINANCIERE RICHE MONT AG ZUG 83,609 837,048
COMCAST 3,679 97,015
HEINEKEN HLDG NC SHS 295,037 654,744
JP MORGAN CHASE & CO COM 127,859 348,778
MARTIN MARIETTA MATLS INC COM 9,473 395,123
MASTERCARD INC CL A COM 42,415 1,124,227
NESTLE SA SPONSORED ADRS REGISTERED 124,341 649,515
NETFLIX INC COM 157,784 708,599
PERNOD RICARD ORD SHS 369,417 531,451
PHILIP MORRIS INTL INC COM 60,111 595,733
UNILEVER NV NEW YORK SHS NEW 333,089 333,449
APPLE INC. 431,637 1,636,745
BERKSHIRE HATHAWAY B 388,882 800,039
BROOKFIELD CORP F 193,499 356,570
BROOKFIELD REINSURANCE F 808,819 1,501,858
BROOKFIELD ASSET MANAG F 7,630 10,339
SPDR S&P 500 ETF 916,020 4,500,508
ISHARES CORE S&P SMALL CAP ETF 875,208 3,263,261
ISHARE MSCI ACWI 1,300,266 1,491,776
DFA INT'L SMALL CAP VALUE PORTFOLIO 1,710,214 2,545,803
HOTCHIKIS & WILEY VALUE 425,671 513,764
OAKMARK INT'L FD INST 1,602,120 1,546,771
JLL INVESTMENT (JONES LANG) 1,533,190 1,435,366
SUN COMMUNITIES 114,526 1,058,895
DOORDASH INC CL A 120,009 176,138
AON PLC-CLASS A 9,100 4,669,080

TY 2024 InvestmentsOtherSchedule2
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Category/ Item Listed at Cost or FMV Book Value End of Year Fair Market Value
AG DIRECT LENDING III AT COST 495,737 471,590
AG REALTY VALUE FUND X AT COST 486,789 604,010
ADAMS STREET GLOBAL 2018 AT COST 829,932 1,195,798
CREATION INVEST FUND I AT COST 147,665 114,201
CREATION INVEST FUND II AT COST 58,809 14,590
CREATION INVEST FUND IV AT COST 308,705 1,058,316
HIGHVISTA STRATEGIC CRE FUND LP AT COST 1,797,630 1,813,085
SCULPTOR OVERSEAS FUND II AT COST 1,500,000 2,250,239
STRATEGIC PARTNERS VIII AT COST 0 606,699
THIRTEEN PARTNERS AT COST 4,000,000 6,986,643
ADAMS ST LEADER FUND 2020 AT COST 158,743 181,015
ADAMS ST VENTURE INNOVATION FUND III AT COST 483,899 572,032
THIRTEEN PARTNERS, CONCENTRATED AT COST 1,000,000 1,355,000
AG DIRECT LENDING V AT COST 324,673 323,111
ADAMS STREET LEADERS FUND II AT COST 8,860 13,128
ADAM ST VENTURE INNOVATION FUND IV AT COST 0 7,166
ADAMS ST GLOBAL 2024 AT COST 84,617 138,049

TY 2024 OtherAssetsSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Description Beginning of Year - Book Value End of Year - Book Value End of Year - Fair Market Value
HEALTH INSURANCE DEPOSIT -529 0 0


TY 2024 OtherExpensesSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Description Revenue and Expenses per Books Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
DUES AND SUBSCRIPTIONS 1,680 336 0 1,344
ELECTRIC 414 83 0 331
FILING FEES 15 0 0 15
INSURANCE 2,654 531 0 2,123
POSTAGE 161 32 0 129
OFFICE SUPPLIES 714 143 0 571
SOFTWARE 1,288 258 0 1,030
TELEPHONE 1,474 295 0 1,179


TY 2024 OtherIncomeSchedule2
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Description Revenue And Expenses Per Books Net Investment Income Adjusted Net Income
WELLS FARGO SETTLEMENT 6,833 0 0
NONDIVIDEND DISTRIBUTIONS & OTHER INCOME 15,260 0 0
FROM PASS-THROUGH ACTIVITIES -44,934 -9,975 0


TY 2024 OtherIncreasesSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Description Amount
OTHER BASIS ADJUSTMENT 42,306


TY 2024 OtherProfessionalFeesSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
INVESTMENT MANAGEMENT FEES & EXPENSES 286,857 286,746 0 0


TY 2024 TaxesSchedule
Name:
FINNEGAN FAMILY FOUNDATION
EIN:
36-4221334
Category Amount Net Investment Income Adjusted Net Income Disbursements for Charitable Purposes
FOREIGN TAXES PAID 52,529 52,529 0 0
FEDERAL PAYROLL 15,213 3,043 0 12,170
EXCISE TAXES 50,000 0 0 0