2007 , Or Tax Year Beginning 01 -01-2007 and Ending 12 -31-2007
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l efile GRAPHIC p rint - DO NOT PROCESS As Filed Data - DLN: 93491318000028 Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947 ( a)(1) Nonexempt Charitable Trust ` Treated as a Private Foundation zoos Note : The foundation may be able to use a copy of this return to satisfy state reporting requirements Department ofthe Treasury Internal Revenue Service For calendar year 2007 , or tax year beginning 01 -01-2007 and ending 12 -31-2007 G (-hark all that annly I Tnitial raturn I Final raturn I Amanriari raturn I Aririracc rhanna I Nama rhanna Name of foundation A Employer identification number Use the IRS John D and Catherine T MacArthur label. Foundation Consolidated 23-7093598 Otherwise, B Te lep hone num b er ( see th e inst ruct ions) Number and street (or P 0 box number if mail is not delivered to street address) Room/ print 140 South Dearborn Street No 1200 suite ortYPe . (312) 726-8000 See Specific C If exemption application is pending, check here le. F Instructions . City or town, state, and ZIP code Chicago, IL 606035285 D 1. Foreign organizations , check here F H Check type of organization I' Section 501 ( c)(3) exempt private foundation 2. Foreign organizations meeting the 85% test, r- check here and attach computation Section 4947( a)(1) nonexempt charitable trust Other taxable private foundation 3 Accounting method F Cash I' Accrual E If private foundation status was terminated I Fair market value of all assets at end un d er section 507 ( b )( 1 )( A), c h ec k h ere F o f y e a r (from Part I I, col. (c), O the r (specify ) F If the foundation is in a 60 - month termination line 16 7,052,165,312 (Part I , column (d) must be on cash basis .) under section 507(b)(1)(B), check here (d) Disbursements Analysis of Revenue and Expenses (The (a) Revenue a nd Net investment Adjusted net fo r cha ritable total of amounts in columns (b), (c), and (d) may not expenses per (b) (c) income income purposes necessanly equal the amounts in column (a) (see the books instructions) ) (cash basis only) 1 Contributions, gifts, grants , etc , received ( attach schedule) 2 Check F if the foundation is not required to attach Sch B 3 Interest on savings and temporary cash investments 5,622,997 5,622,997 4 Dividends and interest from securities . 105,722,426 105,705,469 5a Gross rents . 4,327,266 4,327,266 b Net rental income or (loss) 997,870 q} 6a Net gain or (loss ) from sale of assets not on line 10 540,079,507 b Gross sales price for all assets on line 6a 4,752,452,987 75 7 Capital gain net income ( from Part IV, line 2) 456,120,250 co 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) . 6,260,637 25,939,180 12 Total . Add lines 1 through 11 . 662,012,833 597,715,162 0 13 Compensation of officers , directors, trustees , etc 3,993,206 1,145,978 2,664,859 14 Other employee salaries and wages 15,900,471 3,867,406 11,586,096 In 10 15 Pension plans, employee benefits . 19,147,396 1,822,767 6,569,234 16a Legal fees ( attach schedule ) . 551,955 306 ,853 158,302 b Accounting fees ( attach schedule ) . 19 210,979 82 ,412 128,567 W co c Other professional fees ( attach schedule) . 68,853,940 53,585,927 1,682,051 Interest 172,074 4^C5 17 18 Taxes ( attach schedule ) ( see the instructions ). 14,005,784 1,418,184 14,251 19 Depreciation ( attach schedule ) and depletion . 1,974,436 1,129,597 20 Occupancy . 973,545 77,195 893,437 21 Travel, conferences , and meetings . 3,056,656 338,647 2,651,378 rs 22 Printing and publications . 364,782 119,781 245,001 23 Other expenses ( attach schedule ) . 6,083,194 2,830,066 2,933,987 C5 24 Total operating and administrative expenses. Add lines 13 through 23 . 135,288,418 66,724,813 0 29,527,163 25 Contributions , gifts, grants paid . 288,067,487 231,856,772 26 Total expenses and disbursements . Add lines 24 and 25 423,355,905 66,724,813 0 261,383,935 27 Subtract line 26 from line 12 a Excess of revenue over expenses and disbursements 238,656,928 b Net investment income (if negative , enter -0- ) 530,990,349 c Adjusted net income ( if negative , enter -0-) 0 For Privacy Act and Paperwork Reduction Act Notice , see the instructions . Cat No 11289X Form 990-PF (2007) Form 990-PF (2007) Pane 2 Attached schedules and amounts in the description column Beginning of year End of year B a l ance Sheets should be for end-of-year amounts only (See instructions (a) Boo k Va l ue ( b ) Boo k Va l ue (c) Fair M ark et Va l ue 1 Cash-non-interest-bearing . 10,910 5,647 5,647 2 Savings and temporary cash investments . 497,133,090 557,623,424 557,623,424 3 Accounts receivable 111111 814,741 Less allowance for doubtful accounts Oil 133,242 814,741 814,741 4 Pledges receivable ► Less allowance for doubtful accounts Oil 5 Grants receivable . 6 Receivables due from officers, directors, trustees, and other disqualified persons (attach schedule) (see the instructions) . 7 Other notes and loans receivable (attach schedule) 111111 Less allowance for doubtful accounts Oil 8 Inventories for sale or use . 9 Prepaid expenses and deferred charges . 1,833,164 5,634,261 5,634,261 10a Investments-U S and state government obligations (attach schedule) 220,674,03 4 176,519,150 176,519,150 b Investments-corporate stock (attach schedule) . 2,928,747,25 2 2,640,466,038 2,640,466,038 c Investments-corporate bonds (attach schedule). 195,731,60 4 684,204,116 684,204,116 11 Investments-land, buildings, and equipment basis Oil 27,679,819 Less accumulated depreciation (attach schedule) 111111 3,402,319 22,506,248 24,277,500 25,812,391 12 Investments-mortgage loans . 13 Investments-other (attach schedule) . 2,240,034,414 2,888,421,958 2,888,421,958 14 Land, buildings, and equipment basis Oil 31,027,178 Less accumulated depreciation (attach schedule) ' 2,498,122 27,369,991 28,529,056 28,529,056 15 Other assets (describe Ilk- ) 46,018,037 44,134,530 44,134,530 16 Total assets (to be completed by all filers-see the instructions Also, see page 1, item I) 6,180,191,986 7,050,630,421 7,052,165,312 17 Accounts payable and accrued expenses . 28,338,525 13,505,657 18 Grants payable . 225,061,805 280,157,804 19 Deferred revenue . co 20 Loans from officers, directors, trustees, and other disqualified persons 21 Mortgages and other notes payable (attach schedule) 22 Other liabilities (describe O ) 24,520,049 62,177,361 23 Total liabilities (add lines 17 through 22) 277,920,379 355,840,822 Foundations that follow SFAS 117, check here ' F co and complete lines 24 through 26 and lines 30 and 31. r_ 24 U nrestricted . 5,902,271,607 6,694,789,599 15 25 Temporarily restricted +1 26 Permanently restricted . Foundations that do not follow SFAS 117, check here u_ 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 w1 29 Retained earnings, accumulated income, endowment, or other funds 30 Total net assets or fund balances (see the instructions) 5,902,271,607 6,694,789,599 31 Total liabilities and net assets / fund balances (see the instructions) 6,180,191,986 7,050,630,421 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 5,902,271,607 2 Enter amount from Part I, line 27a . 2 238,656,928 3 Other increases not included in line 2 (itemize) 111 _9!^ 3 565,191,461 4 Add lines 1, 2, and 3 . 4 6,706,119,996 5 Decreases not included in line 2 (itemize) Oil 9!^ 5 11,330,397 6 Total net assets or fund balances at end of year (line 4 minus line 5)-Part II, column (b), line 30 6 6,694,789,599 Form 990-PF (2007) Form 990-PF (2007) Page 3 FNITUI-Ca p ital Gains and Losses for Tax on Investment Income ( b) How acquired (a) List and describe the kind ( s) of property sold (e g , real estate, (c) Date acquired (d) Date sold P-Purchase 2-story brick warehouse , or common stock, 200 shs M LC Co mo , da y, r mo , da y, r ) D-Donation ( y ) ( y ) la See Additional Data Table b c d e ( f) Depreciation allowed ( g) Cost or other basis ( h) Gain or (loss) (e) Gross sales price (or allowable ) plus expense of sale ( e) plus (f) minus (g) a See Additional Data Table b c d e Complete only for assets showing gain in column ( h) and owned by the foundation on 12 / 31/69 ( I) Gains ( Col (h) gain minus (j) Adjusted basis ( k) Excess of col (i) col (k), but not less than -0-) or ( i) F M V as of 12 / 31/69 as of 12/31/ 69 over col (j), if any Losses ( from col (h)) a See Additional Data Table b c d e If gain, also enter in Part I, line 7 2 Capital gain net income or (net capital loss) If ( loss), enter - 0- in Part I, line 7 2 456,120,250 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 the instructions ) If (loss ), enter -0- in Part I, line 8 3 0 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? fl Yes F No 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 the instructions before making any entries (d) Base period years Calendar Distribution ratio Adjusted qualifying distributions Net value of noncharitable-use assets year (or tax year beginning in) (col (b) divided by col (c)) 2006 263,722,770 5,703,423,752 0 046239 2005 223,640,072 4,965,522,878 0 045039 2004 241,546,552 4,524,950,866 0 053381 2003 231,297,449 3,896,201,008 0 059365 2002 236,285,990 3,823,560,000 0 061797 2 Total of line 1, column (d) .