Reade Fam Foundation, Daniels Daniel L Ttee in Chicago, 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
| Reade Fam Foundation, Daniels Daniel L Ttee | |
| Employer Identification Number (EIN) | 066455460 |
| Name of Organization | Reade Fam Foundation |
| Secondary Name | Daniels Daniel L Ttee |
| In Care of Name | Jpmorgan Chase Bank Na |
| Address | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 |
| Activities | Gifts, grants, or loans to other organizations |
| Subsection | Charitable Organization |
| Ruling Date | 03/1998 |
| Deductibility | Contributions are deductible |
| Foundation | Private non-operating foundation |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2013 |
| Assets | $100,000 to $499,999 |
| Income | $25,000 to $99,999 |
| Filing Requirement | 990 - Not required to file (all other) |
| Asset Amount | $236,923 |
| Amount of Income | $85,247 |
| Form 990 Revenue Amount | $7,751 |
| National Taxonomy of Exempt Entities (NTEE) | Philanthropy, Voluntarism and Grantmaking Foundations: Named Trusts/Foundations (Not Elsewhere Classified) |
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 | $7,751 | $7,776 | $0 | |
| Contributions, gifts, grants, etc., received | $0 | |||
| Interest on savings and temporary cash investments | $4 | |||
| Dividends and interest from securities | $6,786 | |||
| Gross rents | $0 | |||
| Gross profit from sales of goods | $0 | |||
| Other income | $0 | |||
| Other | $961 | |||
| Total expenses and disbursements | $28,048 | $2,897 | $0 | $25,103 |
| Compensation of officers, directors, trustees, etc. | $3,444 | |||
| Total operating and administrative expenses | $3,718 | $2,897 | $773 | |
| Contributions, gifts, grants paid | $24,330 | |||
| Excess of revenue over expenses and disbursements | $-20,297 | |||
| Net investment income | $4,879 | |||
| Adjusted net income | $0 | |||
| Balance Sheets (for 2012) | ||
| Book Value | Fair Market Value | |
|---|---|---|
| Total assets | $248,979 | $253,903 |
| Cash - non-interest-bearing | $-609 | |
| Investments-U.S. and state government obligations | $0 | |
| Investments-corporate stock | $151,688 | |
| Investments-corporate bonds | $91,112 | |
| Investments-mortgage loans | $0 | |
| Investments-other | $0 | |
| Other | $6,788 | |
| Total liabilities | $1 | |
| Mortgages and other notes payable | $0 | |
| Other | $1 | |
| Total liabilities and net assets/fund balances | $248,979 | |
| Capital Gains and Losses for Tax on Investment Income (for 2012) | |
| Capital gain net income | $961 |
| 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 | $49 |
| Total credits and payments | $150 |
| 2012 estimated tax payments and 2011 overpayment credited to 2012 | $0 |
| Exempt foreign organizations-tax withheld at source | $0 |
| Tax paid with application for extension of time to file (Form 8868) | $150 |
| Backup withholding erroneously withheld | $0 |
| Any penalty for underpayment of estimated tax | $0 |
| Tax due | $0 |
| Overpayment | $101 |
| Amount to be credited to 2013 estimated tax | $80 |
| 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? | Yes |
| 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 | $267,671 |
| Net value of noncharitable-use assets | $263,660 |
| Minimum investment return | $13,183 |
| Distributable Amount (for 2012) | |
| Distributable amount | $13,134 |
| Undistributed Income (for 2012) | |
| Distributable amount for 2012 | $13,134 |
| 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 | R D Brown 0435260 Tr Uw | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1972-07 | $1,370,162 |
| 2 | Ralph F & Cora E Oberndorfer Family Trust | 111 W Monroe St Tax Div 10c, Chicago, IL 60603 | IL | 2007-06 | $104,197 |
| 3 | Ralph H Ewe Jr Bank One Trust Co Na, Wi1 2095 | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 2006-08 | $1,420,143 |
| 4 | Ralph O Franzen Charitable Foundation, C-O Gary Crocus Nbd Trust Company | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1991-01 | $624,004 |
| 5 | Ralph W & Grace M Showalter Cardiac Treatment Fund | C/O Jpmorgan Chase Bk10 S Dearborn, Chicago, IL 60603 | IL | 1973-09 | $3,381,435 |
| 6 | Randolph Lewisohn Fund 0890760 | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | $732,446 | |
| 7 | Ray E & Ina B Dillard Charitable Trust | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1972-11 | $73,908 |
| 8 | Raym Moss Tr Uw Fbo Toledo A Moss | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $130,142 | |
| 9 | Raymond C And Margaret S Gee Foundation | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1968-12 | $14,274 |
| 10 | Raymond H Barrows & Anna S Barrows Mem Tr, Johnson Sarah J Mem Church | 10 S Dearborn St Ste Fl 21, Chicago, IL 60603-2300 | IL | 1991-06 | $88,988 |
| 11 | Reade Fam Foundation, Daniels Daniel L Ttee | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1998-03 | $85,247 |
| 12 | Ree & Thomas Watkins Tr 3402070100 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | $276,436 | |
| 13 | Regina Bauer Frankenburg Foundation For Animal Welfare 7413318, 7413318 Frankenberg Fdn | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1994-01 | $10,737,787 |
| 14 | Residuary Trust, Nbd Bank Na Trustee | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 2002-06 | $1,086,189 |
| 15 | Rev Father Joseph Finan Missions Charity Tr | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1971-11 | $450,281 |
| 16 | Richard & Theresa Smith Memorial Fund | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | $392,726 | |
| 17 | Richard K Lane & Ruth S Lane Memorial Trust | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1995-03 | $1,331,368 |
| 18 | Richard Rodney Dennett Trust 33 1119973 | 10 S Dearborn, Chicago, IL 60603-2300 | IL | 1981-05 | $498,988 |
| 19 | Ridenour Endowment Fund 12236948 | 10 S Dearborn Il1-0117, Chicago, IL 60603-2300 | IL | 1970-12 | $126,789 |
| 20 | Right Reverend Monsignor Henry And Julia Buchanan Burse Trust | 10 S Dearborn St, Chicago, IL 60603-2300 | IL | 1987-09 | $1,233,892 |
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