Form990-PF

Department of the Treasury
Internal Revenue Service

Return of Private Foundation
or Section 4947(a)(1) Trust Treated as Private Foundation
bulletDo not enter social security numbers on this form as it may be made public.
bulletInformation about Form 990-PF and its instructions is at www.irs.gov/form990pf.
OMB No. 1545-0052
2015
Open to Public Inspection
For calendar year 2015, or tax year beginning 01-01-2015 , and ending 12-31-2015
Name of foundation
CAROL BERNICK FAMILY FOUNDATION
c/o Polished Nickel Capital Mgmt
Number and street (or P.O. box number if mail is not delivered to street address)155 N Wacker No 1680
 
Room/suite
City or town, state or province, country, and ZIP or foreign postal code
chicago, IL60606
A Employer identification number

36-4134174
B Telephone number (see instructions)

(312) 477-7603
C bullet
G Check all that apply:

D 1. bullet
2. bullet
E bullet
H Check type of organization:
F bullet
I Fair market value of all assets at end
of year (from Part II, col. (c),
line 16)bullet$7,335,164
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)  
2 Check bullet Sch. B .............
3 Interest on savings and temporary cash investments 356 356  
4 Dividends and interest from securities... 185,484 185,484  
5a Gross rents............      
b Net rental income or (loss)  
6a Net gain or (loss) from sale of assets not on line 10 257,617
b Gross sales price for all assets on line 6a 1,944,563
7 Capital gain net income (from Part IV, line 2)... 257,617
8 Net short-term capital gain.........  
9 Income modifications...........  
10a Gross sales less returns and allowances  
b Less: Cost of goods sold....  
c Gross profit or (loss) (attach schedule).....    
11 Other income (attach schedule).......      
12 Total. Add lines 1 through 11........ 443,457 443,457  
Operating and Administrative Expenses 13 Compensation of officers, directors, trustees, etc. 0 0   0
14 Other employee salaries and wages......        
15 Pension plans, employee benefits.......        
16a Legal fees (attach schedule).........        
b Accounting fees (attach schedule).......        
c Other professional fees (attach schedule).... 7,180 0   0
17 Interest...............        
18 Taxes (attach schedule) (see instructions)... 2,899 2,899   0
19 Depreciation (attach schedule) and depletion...      
20 Occupancy..............        
21 Travel, conferences, and meetings.......        
22 Printing and publications..........        
23 Other expenses (attach schedule)....... 45,459 45,459   0
24 Total operating and administrative expenses.
Add lines 13 through 23.......... 55,538 48,358   0
25 Contributions, gifts, grants paid....... 923,450 923,450
26 Total expenses and disbursements. Add lines 24 and 25 978,988 48,358   923,450
27 Subtract line 26 from line 12:
a Excess of revenue over expenses and disbursements -535,531
b Net investment income (if negative, enter -0-) 395,099
c Adjusted net income (if negative, enter -0-)...  
For Paperwork Reduction Act Notice, see instructions.
Cat. No. 11289X Form 990-PF (2015)
Page 2
Form 990-PF (2015)
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......... 686,711 466,021 466,021
3 Accounts receivable bullet  
Less: allowance for doubtful accounts bullet        
4 Pledges receivable bullet  
Less: allowance for doubtful accounts bullet        
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) bullet  
Less: allowance for doubtful accounts bullet        
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)....... 6,793,086 Click to see attachment6,278,245 6,869,143
c Investments—corporate bonds (attach schedule).......      
11 Investments—land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
12 Investments—mortgage loans.............      
13 Investments—other (attach schedule)..........      
14 Land, buildings, and equipment: basis bullet  
Less: accumulated depreciation (attach schedule) bullet        
15 Other assets (describe bullet)      
16 Total assets (to be completed by all filers—see the
instructions. Also, see page 1, item I) 7,479,797 6,744,266 7,335,164
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 bullet)    
23 Total liabilities (add lines 17 through 22)......... 0 0
Net Assets or Fund Balances bullet
and complete lines 24 through 26 and lines 30 and 31.
24 Unrestricted.................. 7,479,797 6,744,266
25 Temporarily restricted...............    
26 Permanently restricted...............    
bullet
and complete lines 27 through 31.
27 Capital stock, trust principal, or current funds........    
28 Paid-in or capital surplus, or land, bldg., and equipment fund    
29 Retained earnings, accumulated income, endowment, or other funds    
30 Total net assets or fund balances (see instructions)..... 7,479,797 6,744,266
31 Total liabilities and net assets/fund balances (see instructions). 7,479,797 6,744,266
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 30 (must agree with end-of-year figure reported on prior year’s return) ...............
1
7,479,797
2
Enter amount from Part I, line 27a .....................
2
-535,531
3
Other increases not included in line 2 (itemize) bullet
3
0
4
Add lines 1, 2, and 3 ..........................
4
6,944,266
5
Decreases not included in line 2 (itemize) bulletClick to see attachment
5
200,000
6
Total net assets or fund balances at end of year (line 4 minus line 5)—Part II, column (b), line 30 .
6
6,744,266
Form 990-PF (2015)
Page 3
Form 990-PF (2015)
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 MERRILL LYNCH 02226 P 2015-01-01 2015-12-31
b MERRILL LYNCH 02226 P 2014-01-01 2015-12-31
c MERRILL LYNCH 02227 P 2015-01-01 2015-12-31
d MERRILL LYNCH 02227 P 2014-01-01 2015-12-31
e MERRILL LYNCH 02228 P 2015-01-01 2015-12-31
MERRILL LYNCH 02228 P 2014-01-01 2015-12-31
MERRILL LYNCH 02231 P 2015-01-01 2015-12-31
MERRILL LYNCH 02231 P 2014-01-01 2015-12-31
MERRILL LYNCH 02480 P 2015-01-01 2015-12-31
MERRILL LYNCH 02480 P 2014-01-01 2015-12-31
MERRILL LYNCH 02497 P 2015-01-01 2015-12-31
MERRILL LYNCH 02497 P 2014-01-01 2015-12-31
MERRILL LYNCH 02498 P 2015-01-01 2015-12-31
MERRILL LYNCH 02498 P 2014-01-01 2015-12-31
MERRILL LYNCH 02499 P 2015-01-01 2015-12-31
MERRILL LYNCH 02499 P 2014-01-01 2015-12-31
MERRILL LYNCH 02500 P 2015-01-01 2015-12-31
MERRILL LYNCH 02500 P 2014-01-01 2015-12-31
MERRILL LYNCH 04203 P 2014-01-01 2015-12-31
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 76,962   88,531 -11,569
b 331,331   273,685 57,646
c 3,929   3,704 225
d 62,823   45,150 17,673
e 4,914   5,062 -148
46,938   24,865 22,073
20,888   22,039 -1,151
88,117   77,874 10,243
16,082   17,093 -1,011
124,101   124,590 -489
128,097   132,025 -3,928
373,616   319,403 54,213
9,169   6,554 2,615
91,323   77,265 14,058
9,741   10,216 -475
208,324   161,993 46,331
21,589   17,729 3,860
144,281   104,182 40,099
180,014   174,986 5,028
2,324     2,324
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       -11,569
b       57,646
c       225
d       17,673
e       -148
      22,073
      -1,151
      10,243
      -1,011
      -489
      -3,928
      54,213
      2,615
      14,058
      -475
      46,331
      3,860
      40,099
      5,028
      2,324
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 2 257,617
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
Qualification Under Section 4940(e) for Reduced Tax on Net Investment Income
(For optional use by domestic private foundations subject to the section 4940(a) tax on net investment income.)
If section 4940(d)(2) applies, leave this part blank.
Was the foundation liable for the section 4942 tax on the distributable amount of any year in the base period?
If "Yes," the foundation does not qualify under section 4940(e). Do not complete this part.
1 Enter the appropriate amount in each column for each year; see instructions before making any entries.
(a)
Base period years Calendar
year (or tax year beginning in)
(b)
Adjusted qualifying distributions
(c)
Net value of noncharitable-use assets
(d)
Distribution ratio
(col. (b) divided by col. (c))
2014 49,500 8,383,866 0.005904
2013 723,550 8,432,415 0.085806
2012 782,148 8,305,711 0.094170
2011 1,045,172 8,456,297 0.123597
2010 365,798 8,703,488 0.042029
2
Total of line 1, column (d) .....................
20.351506
3
Average distribution ratio for the 5-year base period—divide the total on line 2 by 5, or by
the number of years the foundation has been in existence if less than 5 years . . .
3
0.070301
4
Enter the net value of noncharitable-use assets for 2015 from Part X, line 5.....
4
7,853,343
5
Multiply line 4 by line 3......................
5
552,098
6
Enter 1% of net investment income (1% of Part I, line 27b)...........
6
3,951
7
Add lines 5 and 6........................
7
556,049
8
Enter qualifying distributions from Part XII, line 4.............
8
923,450
If line 8 is equal to or greater than line 7, check the box in Part VI, line 1b, and complete that part using a 1% tax rate. See the Part VI instructions.
Form 990-PF (2015)
Page 4
Form 990-PF (2015)
Page 4
Part VI
Excise Tax Based on Investment Income (Section 4940(a), 4940(b), 4940(e), or 4948—see page 18 of the instructions)
1a Bullet and enter “N/A" on line 1. Bracket
Date of ruling or determination letter:   (attach copy of letter if necessary–see instructions)
b 1 3,951
hereBulletand enter 1% of Part I, line 27b...................
c All other domestic foundations enter 2% of line 27b. Exempt foreign organizations enter 4% 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 3,951
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 3,951
6 Credits/Payments:
a 2015 estimated tax payments and 2014 overpayment credited to 2015 6a 6,854
b Exempt foreign organizations—tax withheld at source...... 6b
c Tax paid with application for extension of time to file (Form 8868)... 6c  
d Backup withholding erroneously withheld ........... 6d  
7 Total credits and payments. Add lines 6a through 6d.............. 7 6,854
8 Enter any penalty for underpayment of estimated tax. if Form 2220 is attached. 8  
9 Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed.......Bullet 9  
10 Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid...Bullet 10 2,903
11 Enter the amount of line 10 to be: Credited to 2015 estimated taxBullet2,903 RefundedBullet 11 0
Part VII-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 Instructions
for 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. bullet$ 0(2) On foundation managers.bullet$ 0
e
Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed
on foundation managers.bullet$ 0
2
Has the foundation engaged in any activities that have not previously been reported to the IRS?.......
2
 
No
If "Yes," attach a detailed description of the activities.
3
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles
of incorporation, or bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes....
3
 
No
4a
Did the foundation have unrelated business gross income of $1,000 or more during the year?........
4a
 
No
b
If "Yes," has it filed a tax return on Form 990-T for this year?...................
4b
 
 
5
Was there a liquidation, termination, dissolution, or substantial contraction during the year?.........
5
 
No
If "Yes," attach the statement required by General Instruction T.
6
Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:
  • By language in the governing instrument, or
  • 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 XV..................................
    7
    Yes
     
    8a
    Enter the states to which the foundation reports or with which it is registered (see instructions)
    bulletIL
    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 2015 or the taxable year beginning in 2015 (see instructions for Part XIV)?
    If "Yes," complete Part XIV.............................
    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
    Form 990-PF (2015)
    Page 5
    Form 990-PF (2015)
    Page 5
    Part VII-A
    Statements Regarding Activities (continued)
    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 addressbulletN/A
    14
    The books are in care ofbulletTOM EBERHARDT Telephone no.bullet (312) 477-7603

    Located atbullet155 N WACKER DRIVE SUITE 1680CHICAGOIL ZIP+4bullet60606
    15
    Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041.......bullet
    and enter the amount of tax-exempt interest received or accrued during the year ......bullet
    15  
    16 At any time during calendar year 2015, 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 instructions for exceptions and filing requirements for FinCEN Form 114, Report of Foreign Bank and Financial Accounts (FBAR). If "Yes", enter the name of the foreign country bullet  
    Part VII-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?
    (2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)
    a disqualified person?......................
    (3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?
    (4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?
    (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)?...............
    (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.).......
    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
     
     
    ........bullet
    c
    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 2015?.............
    1c
     
    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 2015, did the foundation have any undistributed income (lines 6d
    and 6e, Part XIII) for tax year(s) beginning before 2015?.............
    If "Yes," list the years bullet20, 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.
    bullet20, 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?......................
    b
    If "Yes," did it have excess business holdings in 2015 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 2015.)..................
    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 2015?
    4b
     
    No
    Form 990-PF (2015)
    Page 6
    Form 990-PF (2015)
    Page 6
    Part VII-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:
    (1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?
    (2) Influence the outcome of any specific public election (see section 4955); or to carry
    on, directly or indirectly, any voter registration drive?.............
    (3) Provide a grant to an individual for travel, study, or other similar purposes?
    (4) Provide a grant to an organization other than a charitable, etc., organization described
    in section 4945(d)(4)(A)? (see instructions)................
    (5) Provide for any purpose other than religious, charitable, scientific, literary, or
    educational purposes, or for the prevention of cruelty to children or animals?.....
    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
     
     
    .........bullet
    c
    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?..........
    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?.....................
    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?
    b
    If yes, did the foundation receive any proceeds or have any net income attributable to the transaction? ....
    7b
     
     
    Form 990-PF (2015)
    Page 7
    Form 990-PF (2015)
    Page 7
    Part VIII
    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
    CAROL BERNICK PRES/TREAS
    0.10
    0 0 0
    155 N WACKER STE 1680
    CHICAGO,IL60606
    CRAIG BERNICK DIRECTOR
    0.10
    0 0 0
    155 N WACKER STE 1680
    CHICAGO,IL60606
    PETER BERNICK DIRECTOR
    0.10
    0 0 0
    155 N WACKER STE 1680
    CHICAGO,IL60606
    ELIZABETH BERNICK HUBER VICE PRESIDENT/SECRETARY/D
    0.10
    0 0 0
    155 N WACKER STE 1680
    CHICAGO,IL60606
    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...................bullet 0
    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.............bullet0
    Part IX-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 IX-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.........................bullet0
    Form 990-PF (2015)
    Page 8
    Form 990-PF (2015)
    Page 8
    Part X
    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
    7,402,088
    b
    Average of monthly cash balances.......................
    1b
    570,849
    c
    Fair market value of all other assets (see instructions)................
    1c
    0
    d
    Total (add lines 1a, b, and c).........................
    1d
    7,972,937
    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
    7,972,937
    4
    Cash deemed held for charitable activities. Enter 1 1/2% of line 3 (for greater amount, see
    instructions) .............................
    4
    119,594
    5
    Net value of noncharitable-use assets. Subtract line 4 from line 3. Enter here and on Part V, line 4
    5
    7,853,343
    6
    Minimum investment return. Enter 5% of line 5..................
    6
    392,667
    Part XI
    Distributable Amount bullet
    1
    Minimum investment return from Part X, line 6....................
    1
    392,667
    2a
    Tax on investment income for 2015 from Part VI, line 5......
    2a
    3,951
    b
    Income tax for 2015. (This does not include the tax from Part VI.)...
    2b
     
    c
    Add lines 2a and 2b............................
    2c
    3,951
    3
    Distributable amount before adjustments. Subtract line 2c from line 1............
    3
    388,716
    4
    Recoveries of amounts treated as qualifying distributions................
    4
    0
    5
    Add lines 3 and 4............................
    5
    388,716
    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 XIII, line 1 ...
    7
    388,716
    Part XII
    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
    923,450
    b
    Program-related investments—total from Part IX-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 V, line 8, and Part XIII, line 4
    4
    923,450
    5
    Foundations that qualify under section 4940(e) for the reduced rate of tax on net investment
    income. Enter 1% of Part I, line 27b (see instructions).................
    5
    3,951
    6
    Adjusted qualifying distributions. Subtract line 5 from line 4..............
    6
    919,499
    Note: The amount on line 6 will be used in Part V, column (b), in subsequent years when calculating whether the foundation qualifies for
    the section 4940(e) reduction of tax in those years.
    Form 990-PF (2015)
    Page 9
    Form 990-PF (2015)
    Page 9
    Part XIII
    Undistributed Income (see instructions)
    (a)
    Corpus
    (b)
    Years prior to 2014
    (c)
    2014
    (d)
    2015
    1 Distributable amount for 2015 from Part XI, line 7 388,716
    2 Undistributed income, if any, as of the end of 2015:
    a Enter amount for 2014 only....... 0
    b Total for prior years:20, 20, 20 0
    3 Excess distributions carryover, if any, to 2015:
    a From 2010......  
    b From 2011...... 340,354
    c From 2012...... 383,766
    d From 2013...... 305,032
    e From 2014...... 14,917
    fTotal of lines 3a through e........ 1,044,069
    4Qualifying distributions for 2015 from Part
    XII, line 4: bullet$ 923,450
    a Applied to 2014, 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 2015 distributable amount..... 388,716
    e Remaining amount distributed out of corpus 534,734
    5 Excess distributions carryover applied to 2015. 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 1,578,803
    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 2014. Subtract line
    4a from line 2a. Taxable amount—see
    instructions .............
    0
    f Undistributed income for 2016. Subtract
    lines 4d and 5 from line 1. This amount must
    be distributed in 2015 ..........
    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
    8Excess distributions carryover from 2010 not
    applied on line 5 or line 7 (see instructions) ...
    0
    9Excess distributions carryover to 2016.
    Subtract lines 7 and 8 from line 6a ......
    1,578,803
    10 Analysis of line 9:
    a Excess from 2011.... 340,354
    b Excess from 2012.... 383,766
    c Excess from 2013.... 305,032
    d Excess from 2014.... 14,917
    e Excess from 2015.... 534,734
    Form 990-PF (2015)
    Page 10
    Form 990-PF (2015)
    Page 10
    Part XIV
    Private Operating Foundations (see instructions and Part VII-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 2015, enter the date of the ruling.......bullet
     
    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 X for each
    year listed ..........
    Tax year Prior 3 years (e) Total
    (a) 2015 (b) 2014 (c) 2013 (d) 2012
             
    b 85% of line 2a .........          
    c Qualifying distributions from Part XII,
    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 X, 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 XV
    Supplementary Information (Complete this part only if the organization 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 bullet
    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 (2015)
    Page 11
    Form 990-PF (2015)
    Page 11
    Part XV
    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
    Access Living
    115 W Chicago Avenue
    Chicago,IL60654
      PC GENERAL FUND 5,000
    ALS TDI
    300 Technology Sq Suite 400
    Cambridge,MA02139
      PC GENERAL FUND 1,000
    ALS TDI
    300 Technology Sq Suite 400
    Cambridge,MA02139
      PC GENERAL FUND 5,000
    Alzheimer's Association
    225 N Michigan Avenue Fl 17
    Chicago,IL60601
      PC GENERAL FUND 250
    Alzheimer's Association
    225 N Michigan Avenue Fl 17
    Chicago,IL60601
      PC GENERAL FUND 500
    American Cancer Society
    225 N Michigan Avenue 1210
    Chicago,IL60601
      PC GENERAL FUND 3,000
    BCCA Scholarship Fund
    8700 Bay Colony Drive
    Naples,FL34108
      PC GENERAL FUND 1,000
    Bear Necessities
    55 W Wacker Drive
    Chicago,IL60601
      PC GENERAL FUND 1,300
    Bear Necessities Pediatric Cancer Foundation
    55 W Wacker Drive
    Chicago,IL60601
      PC GENERAL FUND 1,500
    Benedictine Sisters Of Chicago
    7430 N Ridge Blvd
    Chicago,IL60645
      PC GENERAL FUND 2,500
    Benet Academy
    220 Maple Avenue
    Lisle,IL60532
      PC GENERAL FUND 2,500
    Big Shoulders Fund
    212 West Van Buren Suite 900
    Chicago,IL60607
      PC GENERAL FUND 10,000
    Big Shoulders Fund
    212 West Van Buren Suite 900
    Chicago,IL60607
      PC GENERAL FUND 5,000
    Boys & Girls Club Of Chicago
    550 W Van Buren Street Suite 350
    Chicago,IL60607
      PC GENERAL FUND 7,000
    Boys & Girls Club Of Chicago
    550 W Van Buren Street Suite 350
    Chicago,IL60607
      PC GENERAL FUND 25,000
    Boys & Girls Club Of Chicago
    550 W Van Buren Street Suite 350
    Chicago,IL60607
      PC GENERAL FUND 1,000
    Brother Rice High School
    10001 South Pulaski Road
    Chicago,IL60655
      PC GENERAL FUND 20,000
    C200 Foundation
    980 N Michigan Ave Ste 1575
    Chicago,IL60611
      PC GENERAL FUND 8,000
    C200 Foundation
    980 N Michigan Ave Ste 1575
    Chicago,IL60611
      PC GENERAL FUND 10,000
    CAAEL
    611 Thomas
    Forest Park,IL60130
      PC GENERAL FUND 10,000
    Casa Central
    1343 N California Ave
    Chicago,IL60622
      PC GENERAL FUND 5,000
    Catholic Theological Union
    5401 S Cornell Ave
    Chicago,IL60615
      PC GENERAL FUND 3,000
    Center Stage
    400 E Illinois Road
    Lake Forest,IL60045
      PC GENERAL FUND 5,000
    Chicago Blackhawks Charities
    1901 W Madison St
    Chicago,IL60612
      PC GENERAL FUND 5,000
    Chicago Foundation For Women
    1 E Upper Wacker Dr
    Chicago,IL60601
      PC GENERAL FUND 5,000
    Cystic Fibrosis Foundation
    150 N Michigan Ave Ste 400
    Chicago,IL60601
      PC GENERAL FUND 5,000
    Don't Be a Monster
    1550 Larimer St Room 277
    Denver,CO80202
      PC GENERAL FUND 1,000
    DownLine Ministries
    PO Box 770296
    Memphis,TN38177
      PC GENERAL FUND 5,000
    DuPage P A D S Inc
    705 W Liberty Dr
    Wheaton,IL60187
      PC GENERAL FUND 500
    EMG Fund
    3060 North Shore Drive
    Wayzata,MN55391
      PC GENERAL FUND 500
    Fenwick High School
    705 W Liberty Dr
    Wheaton,IL60187
      PC GENERAL FUND 5,000
    Fold Of Honor Foundation
    5800 N Patriot Dr
    Owasso,OK74055
      PC GENERAL FUND 1,000
    Friends Of Prentice
    251 E Huron Street Suite 3-200
    Chicago,IL60611
      PC GENERAL FUND 10,000
    Friends Of Prentice
    251 E Huron Street Suite 3-200
    Chicago,IL60611
      PC GENERAL FUND 37,000
    Geneva Lake Association Inc
    PO Box 412
    Lake Geneva,WI53147
      PC GENERAL FUND 250
    Geneva Lake Conservancy
    398 Mill Street PO Box 388
    Fontana,WI53125
      PC GENERAL FUND 5,000
    Geneva Lake Water Safety Committee Inc
    PO Box 412
    Lake Geneva,WI53147
      PC GENERAL FUND 5,000
    George Williams College Of Aurora University
    347 S Gladstone Ave
    Aurora,IL60506
      PC GENERAL FUND 10,000
    Girl Scouts GCNWI
    205 W Wacker Dr Suite 1400
    Chicago,IL60606
      PC GENERAL FUND 5,000
    Greater Chicago Food Depository
    4100 West Ann Lurie Place
    Chicago,IL60632
      PC GENERAL FUND 5,000
    Guerin Prep High School
    8001 W Belmont Ave
    River Grove,IL60034
      PC GENERAL FUND 1,000
    Harvest Church
    PO Box 381855
    Germantown,TN38183
      PC GENERAL FUND 5,000
    Harvest Church
    PO Box 381855
    Germantown,TN38183
      PC GENERAL FUND 2,500
    Hephzibath Children's Association
    1144 Lake Street 5th Floor
    Oak Park,IL60301
      PC GENERAL FUND 1,000
    Holiday Home Camp
    361 N Lake Shore Dr PO Box 10
    Williams Bay,WI53191
      PC GENERAL FUND 5,000
    Holy Family Villa
    12220 Will Cook Road
    Palos Park,IL60464
      PC GENERAL FUND 300
    Holy Family Villa
    12220 Will Cook Road
    Palos Park,IL60464
      PC GENERAL FUND 1,000
    Hope & Friendship Foundation
    721 Hickory St
    Lemont,IL60439
      PC GENERAL FUND 1,500
    Hospice Of Marion County
    3231 SW 34th Avenue
    Ocala,FL34474
      PC GENERAL FUND 500
    Howard Brown Health Center
    3837 N Broadway Ave 2nd Floor
    Chicago,IL60613
      PC GENERAL FUND 2,500
    Illinithon
    PO Box 2097
    Champaign,IL62825
      PC GENERAL FUND 500
    Invest For Kids
    875 N Michigan Ave Suite 3400
    Chicago,IL60611
      PC GENERAL FUND 3,000
    Jackson Chance Foundation
    230 N Michigan Avenue 37th Floor
    Chicago,IL60601
      PC GENERAL FUND 1,000
    Kellogg School Of Management
    1201 Davis Street
    Evanston,IL60208
      PC GENERAL FUND 25,000
    Kellogg School Of Management
    1201 Davis Street
    Evanston,IL60208
      PC GENERAL FUND 500
    Lake Geneva Garden Club Foundation Inc
    326 Center St
    Lake Geneva,WI53147
      PC GENERAL FUND 500
    Lambs Farm
    14245 W Rockland Road
    Libertyville,IL60048
      PC GENERAL FUND 5,000
    Legal Momentum
    5 Hanover Square Ste 1502
    New York,NY10004
      PC GENERAL FUND 5,000
    Lemont Park District Foundation
    16028 127th St
    Lemont,IL60439
      PC GENERAL FUND 500
    Lewis University
    5 Hanover Square Ste 1502
    New York,NY10004
      PC GENERAL FUND 5,000
    Luther College
    700 College Dr
    Decorah,IA52101
      PC GENERAL FUND 1,000
    Metropolitan Planning Council
    140 S Dearborn St Suite 1400
    Chicago,IL60603
      PC GENERAL FUND 3,000
    Metropolitan Planning Council
    140 S Dearborn St Suite 1400
    Chicago,IL60603
      PC GENERAL FUND 15,000
    Milestone Inc
    4060 McFarland Road
    Rockford,IL61111
      PC GENERAL FUND 1,000
    Milestone Inc
    4060 McFarland Road
    Rockford,IL61111
      PC GENERAL FUND 500
    Misericordia
    6300 North Ridge
    Chicago,IL60660
      PC GENERAL FUND 10,000
    Mundelein High School Band Boosters
    1350 W Hawley St
    Mundelein,IL60060
      PC GENERAL FUND 1,000
    Naperville Responds For Our Veterans
    1111 S Washington St
    Naperville,IL60540
      PC GENERAL FUND 500
    National Hurricane Museum & Science Center
    1205 N Lakeshore Dr
    Lake Charles,LA70601
      PC GENERAL FUND 5,000
    National Parkinson's Foundation
    200 SE 1st St Suite 800
    Miami,FL33131
      PC GENERAL FUND 500
    NCH Healthcare Foundation
    PO Box 234
    Naples,FL34106
      PC GENERAL FUND 10,000
    Network For Teaching Entrepreneurship
    205 West Wacker Drive Suite 1400
    Chicago,IL60606
      PC GENERAL FUND 5,000
    Noble Network Of Charter Schools
    1 N State Street 7-L
    Chicago,IL60602
      PC GENERAL FUND 4,000
    Northwestern Brain Tumor Institute
    Galter Pavilion 251 E Huron St Ste
    3-200
    Chicago,IL60611
      PC GENERAL FUND 10,000
    Northwestern Memorial Hospital
    251 E Huron Street Suite 3-200
    Chicago,IL60611
      PC GENERAL FUND 20,000
    Northwestern University
    420 E Superior St Rubloff Bldg 9th
    Floor
    Chicago,IL60611
      PC GENERAL FUND 5,000
    Old St Patrick's Church
    700 W Adams St
    Chicago,IL60661
      PC GENERAL FUND 2,500
    Opportunity Knocks
    8020 Madison St
    River Forest,IL60305
      PC GENERAL FUND 25,000
    Ounce Of Prevention Fund
    33 W Monroe St Suite 2400
    Chicago,IL60603
      PC GENERAL FUND 5,000
    Pathways Foundation
    150 N Michigan Avenue Suite 2100
    Chicago,IL60601
      PC GENERAL FUND 5,000
    PAWS
    1997 N Clybourn Avenue
    Chicago,IL60614
      PC GENERAL FUND 1,500
    Permanently Disabled Jockey Fund
    PO Box 803
    Elmhurst,IL60126
      PC GENERAL FUND 2,500
    Receptions For Research
    315 N Racine Ave Suite 501
    Chicago,IL60607
      PC GENERAL FUND 250
    Rehabilitation Institute of Chicago
    345 E Superior
    Chicago,IL60611
      PC GENERAL FUND 6,000
    River Grove Lions Club
    8420 W Fullerton Ave
    River Grove,IL60171
      PC GENERAL FUND 500
    Roots Of Renewal
    1000 N Broad St
    New Orleans,LA70019
      PC GENERAL FUND 1,000
    Sarah's Inn
    311 Harrison St
    Oak Park,IL60304
      PC GENERAL FUND 1,000
    Sarah's Inn
    311 Harrison St
    Oak Park,IL60304
      PC GENERAL FUND 5,000
    Senior Services Associates
    101 S Grove Ave
    Elgin,IL60120
      PC GENERAL FUND 2,500
    Spectrum Progressive School Of Rockford
    2909 N Main St
    Rockford,IL61103
      PC GENERAL FUND 2,000
    St Alphonsus
    1429 Wellington Ave
    Chicago,IL60657
      PC GENERAL FUND 1,000
    St Cyprian School
    2561 Clinton Street
    River Grove,IL60171
      PC GENERAL FUND 1,500
    St Cyprian School
    2561 Clinton Street
    River Grove,IL60171
      PC GENERAL FUND 1,500
    St Cyril & Methodius Parish
    608 Sobieski St
    Lemont,IL60439
      PC GENERAL FUND 750
    St Edward Central Catholic High School
    3211 4th St NE
    Washington,DC20017
      PC GENERAL FUND 2,500
    St Francis De Sales Catholic Church
    11 S Buesching Road
    Lake Zurich,IL60047
      PC GENERAL FUND 1,000
    St Francis High School
    2130 W Roosevelt Road
    Wheaton,IL60187
      PC GENERAL FUND 1,500
    St Ignatius College Prep
    1076 W Roosevelt Road
    Chicago,IL60608
      PC GENERAL FUND 5,000
    St Luke Development
    519 Ashland Ave
    River Forest,IL60305
      PC GENERAL FUND 2,000
    St Luke's
    519 Ashland Ave
    River Forest,IL60305
      PC GENERAL FUND 5,000
    St Mary Appalachia
    5400 Walnut Ave 402
    Downers Grove,IL60515
      PC GENERAL FUND 300
    Success Preparatory Academy
    2011 Bienville St
    New Orleans,LA70112
      PC GENERAL FUND 12,000
    Success Preparatory Academy
    2011 Bienville St
    New Orleans,LA70112
      PC GENERAL FUND 25,000
    Teach For America
    2450 N Lakeview
    Chicago,IL60614
      PC GENERAL FUND 20,000
    Teaching Tolerance
    9603 Woods Drive
    Skokie,IL60077
      PC GENERAL FUND 12,500
    Teaching Tolerance
    9603 Woods Drive
    Skokie,IL60077
      PC GENERAL FUND 20,000
    The Auxilary Of NorthShore
    1033 University Place Suite 450
    Evanston,IL60201
      PC GENERAL FUND 1,000
    The Chicago Community Foundation
    205 W Wacker Dr Suite 1400
    Chicago,IL60606
      PC GENERAL FUND 5,000
    The Chicago Network
    737 N Michigan Ave Ste 1900
    Chicago,IL60611
      PC GENERAL FUND 10,000
    The Leukemia And Lymphoma Society
    651 W Washington Blvd 400
    Chicago,IL60661
      PC GENERAL FUND 3,000
    The Leukemia And Lymphoma Society
    651 W Washington Blvd 400
    Chicago,IL60661
      PC GENERAL FUND 10,000
    The Leukemia And Lymphoma Society
    651 W Washington Blvd 400
    Chicago,IL60661
      PC GENERAL FUND 15,000
    The Rock School
    1101 S Broad St
    Philadelphia,PA19147
      PC GENERAL FUND 5,000
    The Shelter
    PO Box 10102
    Naples,FL34101
      PC GENERAL FUND 1,000
    The Shrine Of Our Lady Of Pompeii
    1224 W Lexington St
    Chicago,IL60607
      PC GENERAL FUND 250
    The St Philip The Deacon Foundation
    17205 County Road Six
    Plymouth,MN55447
      PC GENERAL FUND 1,000
    The University Of Chicago
    5801 S Ellis Ave Chicago IL 60637
    Chicago,IL60637
      PC GENERAL FUND 1,000
    The University Of Iowa Foundation
    PO Box 4550
    Iowa City,IA52244
      PC GENERAL FUND 500
    Thurgood Marshall College Fund
    901 F Street NW Ste 300
    Washington,DC20004
      PC GENERAL FUND 5,000
    Town Of Linn Police Department DARE Program
    W3728 FRANKLIN WALSH ST
    ZENDA,WI53195
      PC GENERAL FUND 5,000
    Trinity Catholic High School
    7574 West Division Street
    River Forest,IL60305
      PC GENERAL FUND 25,000
    Trinity Catholic High School
    7574 West Division Street
    River Forest,IL60305
      PC GENERAL FUND 1,500
    Trinity High School
    7574 West Division Street
    River Forest,IL60305
      PC GENERAL FUND 15,000
    Trinity High School
    7574 West Division Street
    River Forest,IL60305
      PC GENERAL FUND 5,000
    Tulane Educational Brick Fund
    1555 Poydras St Ste 1000
    New Orleans,LA70112
      PC GENERAL FUND 15,000
    Tulane University
    6823 St Charles Avenue
    New Orleans,LA70118
      PC GENERAL FUND 200,000
    United Jewish Appeal
    4600 Bathurst St
    Toronto,ONTARIOM2R 3V2
    CA
      PC GENERAL FUND 5,000
    WINGSSweet Home Chicago
    Three First National Plaza Ste 4600
    Chicago,IL60602
      PC GENERAL FUND 15,000
    Wittenburg Village
    3150 Salt Creek Lane
    Arlington Heights,IL60005
      PC GENERAL FUND 5,000
    YMCA Of Metropolitan Chicago
    205 W Wacker Drive Suite 1400
    Chicago,IL60606
      PC GENERAL FUND 5,000
    Young At Heart Pet Rescue
    PO Box 1293
    Palatine,IL60078
      PC GENERAL FUND 1,000
    Young At Heart Pet Rescue
    PO Box 1293
    Palatine,IL60078
      PC GENERAL FUND 300
    Young Life North Shore
    PO Box 415
    Wilmette,IL60091
      PC GENERAL FUND 1,000
    Total .................................bullet 3a 923,450
    bApproved for future payment
    Total .................................bullet 3b 0
    Form 990-PF (2015)
    Page 12
    Form 990-PF (2015)
    Page 12
    Part XVI-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 ...........
        14 356  
    4 Dividends and interest from securities....     14 185,484  
    5 Net rental income or (loss) from real estate:
    aDebt-financed property......          
    bNot debt-financed property.....          
    6
    Net rental income or (loss) from personal property
             
    7 Other investment income.....          
    8
    Gain or (loss) from sales of assets other than inventory ............
        18 257,617  
    9 Net income or (loss) from special events:          
    10 Gross profit or (loss) from sales of inventory..          
    11 Other revenue: a
    b
    c
    d
    e
    12 Subtotal. Add columns (b), (d), and (e).. 0 443,457 0
    13Total. Add line 12, columns (b), (d), and (e)..................
    13443,457
    (See worksheet in line 13 instructions to verify calculations.)
    Part XVI-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 XVI-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 (2015)
    Page 13
    Form 990-PF (2015)
    Page 13
    Part XVII
    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) of the Code (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) of the Code (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.
    Bullet 2016-06-27 Bullet
    May the IRS discuss this return
    with the preparer shown below
    (see instr.)?
    Signature of officer or trustee Date Title
    Paid Preparer Use Only Print/Type preparer's nameJohn F Barsella Preparer's Signature   Date2016-06-22 PTIN P00083925
    Firm's name SmallBulletPLANTE & MORAN PLLC
     
    Firm's EIN SmallBullet38-1357951  
    Firm's address SmallBullet10 S Riverside Plaza 9th Floor
     
    Chicago, IL60606
    Phone no. (312) 207-1040
    Form 990-PF (2015)
    Additional Data


    Software ID:  
    Software Version:  


    Form 990PF - Special Condition Description:
    Special Condition Description