990-PF Return of Private Foundation

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990-PF Return of Private Foundation Return of Private Foundation OMB No 1545-0052 Form 990-PF or Section 4947(ax1) Trust Treated as Private Foundation form as it may be made public. Depart ment of the Treasury ► Do not enter Social Security numbers on this 2013 Internal Revenue service ► Information about Form 990-PF and its separate instructions is at For calendar year 2013 or tax year beginning , and ending Name of foundation A Employer identification number WONDERFUL LIFE FOUNDATION 54-1995591 Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number 6250 N. RIVER ROAD 19000 (847) 227-6500 City or C If exemption application is town, state or province, country, and ZIP or foreign postal code pending, check here ► ROSEMONT, IL 60018 G Check all that apply: Initial return L_J Initial return of a former public charity D 1. Foreign organizations, check here Final return Amended return 2. Foreign organizations meeting the 85% test, Address change Name change check here and attach computation H Check type of organization: L_J Section 501(c)(3) exempt private foundation E If private foundation status was terminated ® Section 4947(a)(1) nonexempt charitable trust = Other taxable private foundation under section 507(b)(1)(A), check here I Fair market value of all assets at end of year J Accounting method: Cash L_J Accrual F If the foundation is in a 60-month termination (from Part ll, co! (c), line 16) = Other (specify) under section 507(b)(1)(B), check here ► $ 1 , 0 4 9 , 5 5 4 . (Part 1, column (d) must be on cash basis.) Part I Ana lysis of Revenue and Expenses (a) Revenue and (b ) Net investment (c) Adjusted net (d) Disbursements (The total of amounts in columns ( b), (c), and (d) may not for charitable purposes necessarily equal the amounts in column (a) ex p enses p er books income income (cash basis only) 1 Contributions, gifts, grants, etc., received 0 5, 2 5 0• N/A 2 Check ► = it the foundation is not required to attach Sch 8 3 interest on savings and temporary cash investments 36. 36. S TATEMENT 2 4 Dividends and interest from securities 9,757. 9,892. S TATEMENT 3 5a Gross rents b Net rental income or (loss) 6a Net gain or ( loss) from sale of assets not on line 10 28,486. S TATEMENT 1 b Gross sales price for all assets on line 6a 95 , 341. 7 Capital gain net income (from Part IV, line 2 ) 28 ,463 . 8 Net short-term capital gain 9 Income modifications Gross sales less returns 10a and allowances b Less Cost of goods sold c Gross profit or (loss) ?^a 11 Other income 24. S TATEMENT 4 G%s 12 Total. Add lines 1 through 11 4 ,643,529. 38,415. 13 Compensation of officers , directors, trustees , etc 0. 0. 0 14 Other employee salaries and wages 15 Pension plans, employee benefits N 16a Legal fees a b Accounting fees STMT- 5; ; '• 5, 2 5 0• 2, 5• 2,625. W c Other professional fees , > 17 Interest - - - 18 Taxes STMT 6 221. 153. 15. 19 Depreciation and depletion E 20 Occupancy < 21 Travel, conferences, and meetings C 22 Printing and publications m 23 Other expenses STMT 7 4,333. 4,333. 0. 24 Total operating and administrative a expenses . Add lines 13 through 23 9,804. 7 , 111 • 2,640. 0 25 Contributions, gifts, grants paid 4,761,500. 4,761,500. 26 Total expenses and disbursements. Add lines 24 and 25 4,771,304. 7,111• 4,764,140. 27 Subtract line 26 from line 12: a Excess of revenue over expenses and disbursements -127,775 . b Net investment income of negative, enter -0-) 31 , 3 0 4 c Adjusted net income (if negative, enter -0-) N/A 1o'fo-'13 LHA For Paperwork Reduction Act Notice , see instructions . Form 99U-Pp (2013) l^^ Form 990-RF 2013 WONDERFUL LIFE FOUNDATI ON 54-1995591 Page 2 Beginning of year End of year Balance Sheets Attached schedules and amounts in the description Part II column should beforend-ol-year amounts only (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 390,763. 236 , 6 7 2. 236, 6 72. 2 Savings and temporary cash investments 3 Accounts receivable ► Less' allowance for doubtful accounts ► 4 Pledges receivable ► Less: allowance for doubtful accounts ► 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons 7 Other notes and loans receivable ► Less allowance for doubtful accounts ► U) 8 Inventories for sale or use 9 Prepaid expenses and deferred charges a 10a Investments - U.S and state government obligations b Investments - corporate stock STMT 8 513,073. 539,389* 812,882. c Investments - corporate bonds 11 investments - land,buildings , and equipment basis ► Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other 488. 14 Land, buildings, and equipment: basis ► Less accumulated depreciation ► 15 Other assets (describe ► 16 Total assets (to be completed by all filers - see the instructions. Also, see page 1, item 1 ) 904,324. 776,061. 1,049,554. 17 Accounts payable and accrued expenses 18 Grants payable in 19 Deferred revenue 20 Loans from officers, directors , trustees, and other disqualified persons 2 21 Mortgages and other notes payable J 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 through 22 ) 0. 0 Foundations that follow SFAS 117, check here ► and complete lines 24 through 26 and lines 30 and 31. 24 Unrestricted a 25 Temporarily restricted m 26 Permanently restricted r_ Foundations that do not follow SFAS 117, check here ► FRI LL and complete lines 27 through 31. 0 27 Capital stock, trust principal, or current funds 904,324. 776,061. y 28 Paid-in or capital surplus, or land, bldg., and equipment fund 0. 0. a 29 Retained earnings, accumulated income, endowment, or other funds 0. 0. Z 30 Total net assets or fund balances 9 04,32 4 . 776,0617 31 Total liabilities and net assets/fund balances 904,324. 776,061. 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) 904,324. 2 Enter amount from Part I, line 27a 3 Other increases not included in line 2 (itemize) ► 4 Add lines 1, 2, and 3 5 Decreases not included in line 2 ( itemize ) ► PRIOR PERIOD ADJUSTMENT 6 Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 30 I V , V V 1 Form 990-PF (2013) 323511 10-10-13 Form 990-PF (2013) WONDERFUL LIFE FOUNDATION 54-1995591 Page 3 Pa rt IV Capita l G ains an d Losses for Tax on I nvestment I ncome acquire (a) List and describe the kind(s) of property sold (e.g., real estate, ow (c) Date acquired (d) Date sold Purchase (mo., day, yr.) (mo., 2-storyry brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation day, yr.) to PUBLICLY TRADED SECURITIES P b c d e allowed Cost or other basis (h) Gain or (loss) (e) Gross sales price (f) Depreciation (g) (or allowable) plus expense of sale (e) plus (f) minus (g) a 95,3 41. ,878. 28,463. 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 col. (k), but not less than -0-) or (j) Adjusted basis (k) Excess of col. (i) Losses (from col. (h)) (i) F M.V. as of 12/31/69 as of 12/31/69 over col. (j), if any a 28, 4 63. 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 28 ,463 . 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). If (loss), enter -0- in Part I, line 8 3 N/A Part Qua l ification U nder 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? Yes ® 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. ( a ) (b) (c) Distribution ratio Base period years assets Calendar year (or tax year beginning in) Adjusted qualifyingg distributions Net value of noncharitable use (col. (b) divided by col. (c)) 2012 4,887,547. 1,0 2,993. 4.824858 2011 4,057,483. 1,00 7,781. 4.026155 2010 2,864,3 39. 1,883,346. 1.520878 2009 1 , 83 1, 0 0 . 94 8,833. 1.929741 2008 1,49 5, 196. 1 1,2 1 7,8 98. 1.2 27 6 8 6 2 Total of line 1, column (d) 2 13.529318 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 2 .705864 4 Enter the net value of noncharitable-use assets for 2013 from Part X, line 5 4 1, 025,334.
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