Return of Private Foundation OMB No ,545-ow Form990-PF or Section 4947(a)(i) Nonexempt Charitable Trust pepaKmmeTreaswy Treated as a Private Foundation Internal R Service 200 2 Note: The organization may be able to use a copy o/ this return to satisfy state reporting requirements . ' beginning NOV 1, 2002 and ending OCT 31 , 2 03 " For calen~'r year 7002 or !P x year 0 _ G Check l,that apply ~ Initial return Final return Amended return ~I Address than e U Name than e A Employer identification number Use the I~ Name of organization label. Otherwise, HE RICHARD H . DRIEHAUS FOUNDATION 36-3261347 prince umber end street for P O box number if mail h not delivered to street address) Room suite g Telephone number or type 5 EAST ERIE STREET 312-587-3800 See Sp or town, state, and ZIP code C It exemption application is pending, check here 1 Instruct ~~Y r; HICAGO IL 60611 D t . Foreign organizations, check here . ..~."0 2 . Foreign organizations meeting the es% tes% . .~ a H Check tJl &f organization: X Section 501 ( c )( 3 ) exempt private foundation check here and attach computation . .. Section 4947(a)(1) nonexempt chaMable trust Other taxable private foundation 0 E If private foundation status was terminated I Fair market value of all assets at end of year J Accounting method : 0 Cash ~ Accrual under section 507(b)(1)(A), check here ..." " (from Part ll, cot (c), line 16) 0 Other (specify) F If the foundation is in a 60-month termination 111104 66 , 772 , 401 . (Part I, column (d) must be on cash basis.) under section 507(b)( 1 B), check here pad I Analysts of Revenue and Expenses (a) Revenue and (b) Net investment (c~ Adjusted net d Disbursements ~ coal or amounts in columns (o), (c). ~d (a) ~y roc gyp( cnantaDle purposes necessarily equal the amounts In column ca11 expenses per books income income (cash oasis only) Contributions, gifts, grants, etc, received .. 679 , 000 . N/A Check 1F 1 if mefoundabonanotmWiRdto+nxhSUh B 2 Distributions from split-interest trusts and temporary. Interest . 7 7 . 3 nvestmenus 9 ,621 . 9,6 21 4 Dividends and interest from securities 203,979 . 203,979 . 5a Gross rents b (Net rental income or ooss) Net gain or (loss) from sale of assets not on 6 a line 10 13,488,072 . ST T Al b Gross saes price for an " assets on line 6a d Capital gain net income (from Part N, line 2) 1 3 ,77 9 , 89 7 . 8 Net short-term capital gam 9 Income modifications Gross sales less returns 10a and allowances _ b Less Cost of goods sold c Gross profit or (loss) t other income <54 , 628 . > <54,628 . > TA9.'EMENT 12 Total. Add lines t through tt 14 , 396 , 044 . 14 , 008 , 869 . 3 CorApensation of officers, directors, trustees. e« 18, 600 . 1,860 . 16 , 740 . to Other employee salaries and wages 220, 157 . 0 . 220,157 . y 15 Pension pans, employee benefits 67,068 . 0 . 6 7 0 6 8 . y t sa Legal tees STMT 3 26,036 . 13,018 . 13,018 . b Accounting fees w c Other professional tees _ . ...STMT 4 . 295,122 . 260,983 . 3 4 13 9 . 17 Interest . 6 . 6 . 0 . e taxes ... ..... MT . .. 150 , 776 . 16,084 . 0 . 19 Depre anon a . hil~rr . ~ ~ 20 Occup nc 19 , 818 . 0 . 19,818 . a 21 Travel, ere nK ~ . 30 , 748 . 0 . 30 748 . 22 Printin ~ publications 23 Other e pe ~~~ 307 r 894 . 247 685 . 60 , 209 . 24 Total o eratinil+~hMi3t!'at' expenses~ddiinest3thraugh23 1, 136, 225 . 539 636 . 461 , 897 . 0 25 Contributions, gifts, grants paid __ 5 037 , 839 . 5 11, 037 11` 839 . 26 Total expenses and disbursements . Addlines 24and25 6 , 174 , 064 . 539 636 . 5 11, 499 1 736 . 27 Subtract line 261rom line 12- a Excess of revenue over expenses and disbursements 8 , 221,980 . negative, b Net investment income (if enter -o-) 13,469 , 233 . 1 c Adjusted netincome fineoetive.ent~-0-1 N/A 22501 o1-2a-a3 LHA For Paperwork Reduction Act Notice, see the Instructions . Form 990-PF (2002) 1 ]~ p 09400226 710857 DRIEHAUS 2002 . 09000 THE RICHARD H . DRIEHAUS FOU DRIEHA02 I Form 990-PF (2002) THE RICHARD H . DRIEHAU S FOUNDATION 36-3261347 Page z AdStheMeSU~damountmthedatnpEOn Beginning of year End of year .- Balance SF{t'etS P~rf )1 cw,mnsnoiaabelaru~o-oE,wu~ameoiuv (a) Book Value (b) Book Value (c) Fair Market Value 1 Cash - non-interest-bearing 2 Savinns and iemporan; cash investments 4,639,646 . 16,138,282 . 6,138,282 . 3 Accounts receivable ~ 2 , 15 U , 8 U 1 . Less. allowance for doubtful accounts 01 1,185,828 . 2,150,801 . 2,150,801 . 4 Pledges receivable 1 Less: allowance for doubtful accounts 5 Grants receivable .. .. , .. ... .... .. ... ........ ..... .. ... ... 6 Receivables due from officers, directors, trustees, and other disqualified persons .. ... .. ........ .... .. .... ... .. ... ...... ..... .. .. 7 oft oohs and loans rta~wDk . ... .... ...... ........ Less: allowance for doubtful accounts 1 y 8 Inventories for sale or use N 9 Prepaid expenses and deferred charges .. ,..... .. Q 10a Investments - U S and state government obligations .. , .. b Investments-corporate stock STMT_ 7 . 43,974,607 . 48,338,512 . 48,338,512 . c Investments-corporate bonds . .... i z In~e550rwits-lan0e . Duil~nps, and equipment basis t ~38, ~6 2 9 . Le~saaunwmadecrauoon 1 4,625 . 38,629 . 38,629 . 12 Investments - mortgage loans . 13 Investments - other _ . _ ,_ .. .. 14 Land, buildings, and equipment. basis ~ Lesi7rcumu~~OdeD~OOn 1 15 Other assets (describe 1 STATEMENT 8 -) 30,689 . 106,177 . 106,177 . 16 Total assets to be com pleted b all filers 49 845 395 . 6-6 , 772- r 401 . 66 772 401 . 17 Accounts payable and accrued expenses 5,523,360 . 4,540,835 . 18 Grants payable .. 19 Deferred revenue .. 20 loans from oKcers, directors. trustees, end other disqualified persons 21 Mortgages and other notes payable _ . ._ ., J 22 Other liabilities (describe 23 Total liabilities add lines 17 ihrou h 22 5,523,360 .E 4,540,835 .E Organizations that follow SFAS 117, check here ~ . and complete lines 24 through 26 and lines 30 and 31 . N °' 24 Unrestricted .. .. 25 Temporarily restricted m 26 Permanently restricted ,_, _ Organizations that do not follow SFAS 117, check here ~ OX and complete lines 27 through 31 . ,° 27 Capital stock, trust principal, or current funds . .. ... 0 . 0 ' y 28 Paid-in or capital surplus, or land, bldg , and equipment fund . N 0 . 0 . a 29 Retained earnings, accumulated income, endowment, or other funds 44,322 035 . 62 , 231,566 . °' 30 Total net assets or fund balances 44,322,035 . 62,231,566 . 31 Total liabilities and net assets and balances 49 , 845 , 395 . 66 , 7 72,401 .1 p0,~jjlAnalysis 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 poor year's return) _. , _ . .. .. .. , 1 4 4 322 , 035 . 2 Enter amount from Part I, line 27a . .' . 2 8,22 1 , 980 . " 3 Other mcreasesnotincluded inlme2(itemize) " UNREALIZED GAIN/LOSSES . 3 9 , 687 , 669 . 4 Add lines 1, 2, and 3 , ._ . , . , . ., .. a 62 231 684 . 5 Decreases not included m pine 2 (itemize) " NON-DEDUCTIBLE EXPENSES ~~ (G]46* K-1 5 118 . 6 Total net assets or lurid balances at end of year (brie 4 minus line 5) -Part II, column (b), line 30 ` r6 r 6 2 , 231,566 . From 990-PF Roo2) 223511 " Ot-23-03 2 09400226 710857 DRIEHAUS 2002 .09000 THE RICHARD H . DRIEHAUS FOU DRIEHA02 l Form 990-PF(2002) THE RICHARD H . DRIEHAUS FOUNDATION 36-3261347 Page 3 Part 1V Capital Gains and Losses for Tax on investment Income. the kind(s) of property sold (e.g ., real estate, (b How acquired (c) Date (a) List and describe ~ - Pu rchase acquired (d) Date sold 2-story brick warehouse ; or common stock, 200 shs . MLC Co 1 D - Donation (mo , day, yr.) (mo., day, yr.) la SEE ATTAC HED STATEMENT - P b SEE ATTACHED STATEMENT - ~. - P eCOMPASS PASS THROUGH SEC 1231 P (f) Depreciation allowed (g) Cost or other basis (h) Gain or (loss) (e) Gross sates price (or allowable) plus expense of sale (e) plus (f) minus (g) < 15 , 506 , 881 . > 15 506 881 . 1 , 726 , 943 . <1 , 726 , 943 .> 41 . <41 .> d e Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69 (I) Gains (Col. (h) gam minus s of Col (i) Col (k), but not less than -0-) or (1) F.M V. as of 12/31/69 (has of 12/31b69 S lover Col (1), if any Losses from Col. (h)) a 15 506 881 . <1,726 , 943 .> <41 .> " d e ~f am, also enter in Part I, line 7 2 Capital 9 am net income or ( net capital loss ) ~ If ?joss), enter -o- in Part 1, line 7~ 2 13 , 779 , 897 . 3 Net short-term capital gam or (loss) as defined in sections 1222(5) and (6)' If gam, also enter m Part 1, line 8, column (c) If (loss), enter-0- in Part I, line 8 3 N/A 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 pad blank Was the organization liable for the section 4942 tax on the distnbutable amount of any year in the base period? 0 Yes EK No if 'Yes,'the organization does not qualify under section 4940(e) Do not complete this part 1 Enter the appropriate amount m each column for each year, see instructions before making any entries Base period years Distribution ratio Calendar ear or tax ear beginning m Adjusted qualifying distributions Net value of noncha~ritabte-use assets (Col (b) divided by Col.