Marcus Family Foundation in Des Plaines, Illinois (IL)
Table of contents:
- Overview
- Detailed Reports
- Analysis of Revenue and Expenses
- Balance Sheets
- Capital Gains and Losses for Tax on Investment Income
- Excise Tax Based on Investment Income
- Statements Regarding Activities
- Statements Regarding Activities for Which Form 4720 May Be Required
- Minimum Investment Return
- Distributable Amount
- Undistributed Income
- Private Operating Foundations
- Other organizations in Illinois
| Marcus Family Foundation | |
| Employer Identification Number (EIN) | 232769110 |
| Name of Organization | Marcus Family Foundation |
| In Care of Name | Ss&g Inc |
| Address | 1665 Elk Blvd, Des Plaines, IL 60016-4721 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 07/1994 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Tax Period | 09/2012 |
| Assets | $1,000,000 to $4,999,999 |
| Income | $100,000 to $499,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $1,894,179 |
| Amount of Income | $368,388 |
| Form 990 Revenue Amount | $85,898 |
Non-representatives - add comments:
Revenue for 2012
Expenses for 2012
Assets for 2012
| Analysis of Revenue and Expenses (for 2012) | ||||
| Revenue and expenses per books | Net investment income | Adjusted net income | Disbursements for charitable purposes (cash basis only) | |
|---|---|---|---|---|
| Total revenue | $75,388 | $74,587 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $11,348 | |||
| Dividends and interest from securities | $63,239 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $801 | |||
| Total expenses and disbursements | $173,353 | $292 | $0 | $167,673 |
| Compensation of officers, directors, trustees, etc. | $0 | |||
| Total operating and administrative expenses | $76,353 | $292 | $70,673 | |
| Contributions, gifts, grants paid | $97,000 | |||
| Excess of revenue over expenses and disbursements | $-97,965 | |||
| Net investment income | $74,295 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $1,894,179 | $1,865,845 |
| Cash - non-interest-bearing | $2,372 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $1,352,527 | |
| Investments-corporate bonds | $0 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $539,280 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $1,894,179 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $0 |
| Net capital loss | $0 |
| Excise Tax Based on Investment Income (for 2012) | |
| Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income) | No |
| Tax based on investment income | $743 |
| Total credits and payments | $840 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $840 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $0 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $7 |
| Tax due | $0 |
| Overpayment | $90 |
| Amount to be credited to 2013 estimated tax | $90 |
| Statements Regarding Activities (for 2012) | |
| During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign? | No |
| Was there a liquidation, termination, dissolution, or substantial contraction during the year? | No |
| 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 2012 or the taxable year beginning in 2012? | No |
| Statements Regarding Activities for Which Form 4720 May Be Required (for 2012) | |
| During the year did the foundation (either directly or indirectly): | |
| Engage in the sale or exchange, or leasing of property with a disqualified person? | No |
| Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person? | No |
| Furnish goods, services, or facilities to (or accept them from) a disqualified person? | No |
| Pay compensation to, or pay or reimburse the expenses of, a disqualified person? | No |
| Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)? | No |
| Agree to pay money or property to a government official? | No |
| At the end of tax year 2012, did the foundation have any undistributed income for tax year(s) beginning before 2012? | No |
| Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year? | No |
| Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? | No |
| During the year did the foundation pay or incur any amount to: | |
| Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? | No |
| Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive? | No |
| Provide a grant to an individual for travel, study, or other similar purposes? | No |
| Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)? | No |
| Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals? | No |
| Minimum Investment Return (for 2012) | |
| Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes | $1,908,816 |
| Net value of noncharitable-use assets | $1,880,180 |
| Minimum investment return | $94,009 |
| Distributable Amount (for 2012) | |
| Distributable amount | $93,266 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $93,266 |
| Undistributed income for 2012. This amount must be distributed in 2013 | $0 |
| Private Operating Foundations (for 2012) | |||||
| 2012 | 2011 | 2010 | 2009 | Total | |
|---|---|---|---|---|---|
| The lesser of the adjusted net income or the minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Qualifying distributions made directly for active conduct of exempt activities | $0 | $0 | $0 | $0 | $0 |
| Value of all assets | $0 | $0 | $0 | $0 | $0 |
| Value of assets qualifying under section 4942(j)(3)(B)(i) | $0 | $0 | $0 | $0 | $0 |
| 2/3 of minimum investment return | $0 | $0 | $0 | $0 | $0 |
| Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) | $0 | $0 | $0 | $0 | $0 |
| Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) | $0 | $0 | $0 | $0 | $0 |
| Gross investment income | $0 | $0 | $0 | $0 | $0 |
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| Other organizations in Illinois | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Margaret Alexander Edwards Trust | 50 E Huron St, Chicago, IL 60611-2729 | IL | 1989-06 | $62,492 |
| 2 | Matilda M And Harold D Crane Foundation | Us Trust 231 S Lasalle St Il1-231-1, Chicago, IL 60604 | IL | 1990-08 | $1,606,263 |
| 3 | Lutheran Outdoor Ministries | 1218 W Addison St, Chicago, IL 60613-3819 | IL | 2006-10 | $104,437 |
| 4 | Ma Fraq Sanatorium Association | 400 S Main Pl, Carol Stream, IL 60188-2407 | IL | 1977-08 | $799,943 |
| 5 | Mcwhirter Family Foundation Inc | PO BOX 803878, Chicago, IL 60680-3878 | IL | 2007-05 | $2,637,945 |
| 6 | Lyceum Foundation | 6 Sunset Ln, Springfield, IL 62704-3331 | IL | 1999-12 | $4,039 |
| 7 | Marian Craig Leers Charitable Tr, Shadek Marilyn Leers Et Al Ttee | C/O Peter Shadek 310 Cumnor Road, Kenilworth, IL 60043 | IL | 2002-09 | $20,447 |
| 8 | Lund Family Foundation | 61 Hazel Ave, Highland Park, IL 60035-3306 | IL | 1990-09 | $33,466 |
| 9 | Manire Foundation 23-05811 | 665 Plumtree Rd, Glen Ellyn, IL 60137-4234 | IL | 2000-01 | $40,867 |
| 10 | Mcgowan Gin Rosica Family Foundation Inc | 860 Greenview Dr, Aurora, IL 60505-1967 | IL | 1993-06 | $391,936 |
| 11 | Marcus Family Foundation | 1665 Elk Blvd, Des Plaines, IL 60016-4721 | IL | 1994-07 | $368,388 |
| 12 | Mcdermott Incorporated Welfare Tr | 50 S Lasalle St, Chicago, IL 60675-0001 | IL | 2001-12 | $691,615 |
| 13 | Marcus Clinton Hawley Fund | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1936-08 | $121,453 |
| 14 | Margaret & Don Matheson Scholarship Fund | 231 S Lasalle St Il1-231-10-07, Chicago, IL 60697-0001 | IL | 2014-08 | $473,485 |
| 15 | Mary E Hawley Trust No 1 F-B-O Hawley School | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1936-08 | $142,400 |
| 16 | Martha Mccrory Foundation Inc | 823 S 36th St Apt 234, Quincy, IL 62301-6009 | IL | 2000-10 | $105,218 |
| 17 | Lowe Syndrome Association Inc | 5521 W 108th Pl, Oak Lawn, IL 60453-5033 | IL | 1986-03 | $83,747 |
| 18 | Marianne G Faulkner Trust Uw Fbo Various Charitable Organizations | 10 S Dearborn Il10111, Chicago, IL 60603-2300 | IL | 1962-07 | $4,685,765 |
| 19 | Mary L Fitch Trust | 10 S Dearborn Il10111, Chicago, IL 60603-2300 | IL | 1951-01 | $778,800 |
| 20 | Melissa Mcnair Reichert Foundation | PO BOX 803878, Chicago, IL 60680-3878 | IL | 1993-05 | $1 |
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