Extended to November 15, 2017 Return of Private Foundation OMB No 1545-0052 Form 990 -PF or Section 4947(a)(1I Trust Treated as Private FoundaOph 10o Do not enter social security numbers on this form as it may be made public. Department of the Treasury 2016 Form 960-PF and its instructions is at Internal Revenue Service ► Information about separate yyWW irs ov/form990 f en to Public inspection For calendar year 2016 or tax year beginning , and ending Name of foundation A Employer identification number Arthur J_ Gallagher Foundation 36-6082304 Number and street (or P O box number if mail is not delivered to street address) Room/suite B Telephone number 2850 Golf Road , 7th Floor ( 630) 773-3800 City or town , state or province , country, and ZIP or foreign postal code C If exemption appl i cation is pending , check here Rolling Meadows , IL 60008-4050 G Check all that apply: 0 Initial return 0 Initial return of a former public charity D 1. Foreign organizations , check here 0 Final return 0 Amended return 2. Foreign organizations meeting the 85% test, Address change Name chang e check here and attach computation H Check type of organization: 0 Section 501( c)(3) exempt private foundation E If private foundation status was terminated Section 4947(a)( 1 ) nonexem pt charitable trust Other taxable Private foundation under section 507(b)(1)(A), check here Pp- I Fair market value of all assets at end of year J Accounting method: 0 Cash Accrual F If the foundation is in a 60-month termination (from Part II, col (c), line 16) L Other (specify) under section 507(b )(1)(8), check here 1111. $ 7 358 , 504. Part 1, column (d) must be on cash basis.) Part"l4 Analysis of Revenue and Expenses ( a) Revenue and (b ) Net investment (c) Adjusted net (d) Disbursements (rhe total of amounts in columns (b), (c), and (d) may not for c stable purposes necessarilyequal the amounts in column (a)) expenses per books income income (cash basis only) 1 Contributions , gifts, grants, etc., received s> >a." i N/A 2 Check ► FT] if th e foundation is not required to attac h Sch B a 4 77771 Z Interest on savings and temporary . 3 cash investments a g a s 4 Dividends and interest from securities 207, 435 . 197 291, statement' 1 5a Gross rents b Net rental income or (loss) k 1, g h a x a 3, F b $ a , b §^ q 6a Net gain or (loss) from sale of assets not on line 10 -1 675. °a a s ti x a 5 e I x ex Gross sales price for all I. 4s @ q ,^ ` : h •^ s, > % C assets on line 6a 't 4 ^< 3 s `° $ 9 "` g s , 7 CapitalP gainin net income (from Part IV, line 2) 3;' € ' t: Ut ^, 4_48,48 8 Net short-term capital gain .^ a f!1 9 Income modifications "'5 MAN 2Q17 Gros sales less returns g % ; ga F g g a^ r y m as 10a and llowances s i t g e ffi a a` 1 _7 III Less Cost of goods sold L 3 s a ;. s. a„' „ ,G-0E a N y c Gross profit or (loss) 4. t n 11 Other income 552, 0 . 'statement 2^ 12 Total . Add lines 1 throu g h 11 206 ,312. 197 , 291. p< a ) A 13 Compensation of officers , directors , trustees , etc 0. 0. 0. 14 Other employee salaries and wages 15 Pension plans, employee benefits 16a Legal fees b Accounting fees Stmt 3 66 , 689. 33 , 345 . 33,344. W c Other professional fees CIA 17 Interest r 18 Taxes L-> and depletion O 19 Depreciation 41 20 Occupancy Q 21 Travel, conferences , and meetings 22 Printing and publications Z_ 23 Other expenses stmt 4 12 , 256 . 12 , 256. 0. 24 Total operating and administrative expenses . Add lines 13 through 23 78 , 945. 45 , 601. 33 , 344. 25 Contributions, gifts, grants gold 1 , 164,637 . 1,160 237. 26 Total expenses and disbursements. Add lines 24 and 25 1,243,582 . 45,601. 1,193,581. 27 Subtract line 26 from line 12: , a Excess of revenue over exp enses and disbursements -1,037,270 b Net investment income of negative, enter -0-) 151,690. c Adjusted net income (if negative , enter -0-) t, ) N/A Q s y 623501 11-23-16 LHA For Paperwork Reduction Act Notice , see instructions. Form 990-PF (2016) 7t Fnrm QQSI-PI t9n1R1 Arthur J. Gallagher Foundation 36-6082304 P.- 13 schedules and amounts in the description Beginning of year End of year Part,ll, Balance Sheets A"ached column should be forend-of-year amounts only (a) Book Value (b) Book Value (c) Fair Market Value 1 'Cash - non-interest-bearing 528 , 634. -13,822. -13 , 822. 2 Savings and temporary cash investments a 9 'S 5P 3 Accounts receivable _^ n .Y .a ' s^ X 5 ^' 4 t ''^0 g e qp h Y ► ma.a..3. ^S Less: allowance for doubtful accounts ► 4 Pledges receivable ► L. Less: allowance for doubtful accounts ► 5 Grants receivable 6 Receivables due from officers, directors, trustees, and other disqualified persons receivable s' f ^" m $ y ^' &^ 7 Other notes and loans ► ^ a_ .... ... _x _ "^ s I I 1 % .e .. 1 .S ... i Less: allowance for doubtful accounts ► 8 Inventories for sale or use y 9 Prepaid expenses and deferred charges a 10a Investments - U.S. and state government obligations b Investments - corporate stock Stmt 5 3 , 766,480. 4 , 780,320. 4,780,320. c Investments - corporate bonds Stmt 6 1 , 715,440. 1 , 346 , 566. 1,346,566. f 11 Investments -land, buildings, and equipment basis ► q^ s _ t Less accumulated depreciation ► 12 Investments - mortgage loans 13 Investments - other stmt 7 1,319,240. 1,245,440. 1,245,440. -4 14 Land, buildings, and equipment basis 10, _, - ; x 4.1414..1 ^^ 44^c° „ * € ; Less accumulated depreciation ► 15 Other assets (describe ► ) 16 Total assets (to be completed by all filers - see the instructions. Also see pa ae 1 item l 7, 329, 794. 7, 358, 504. 7, 358, 504. 17 Accounts payable and accrued expenses 18 Grants payable ,, 19 Deferred revenue A = t s F ^ d ^k ^ ^ ^ ^ S ^` °e gf 20 Loans from officers, directors, trustees , and other disqualified persons 14144. x14141 '^ »s$ 21 Mortgages and other notes payable 20 -J 22 Other liabilities (describe ► 23 Total liabilities (add lines 17 throu g h 22) 0. 0. Foundations that follow SFAS 117 , check here ► EK] ;„' and complete lines 24 through 26 and lines 30 and 31 . 4) 24 Unrestricted 7 , 329 , 794. 7,358,504, 25 Temporarily restricted 's £ i s h g "° ep 26 Permanently restricted % 9 Foundations that do not follow SFAS 117, check here ► [] x R LL and complete lines 27 through 31. 27 Capital stock, trust principal, or current funds 3 ^e 28 Paid-in or capital surplus, or land, bldg., and equipment fund . 29 Retained earnings, accumulated income, endowment, or other funds 4 fi a d 30 Total net assets or fund balances 71329,794. 7 , 358 , 504. ; hg 31 Total liabilities and net assets/tund balances 7,329,794. 7,358,504, Part ills Analysis of Changes in Net Assets or Fund Balances I 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 7,329,794. 2 Enter amount from Part I, line 27a 2 -1 , 037,270. Unrealized Gain 3 Other increases not included in line 2 (itemize) ► 3 1 , 068,971. 4 Add lines 1, 2, and 3 4 7 , 361,495. Prior Period Adjustment 5 Decreases not included in line 2 (itemize) ► 5 2,991. 4 7,358,504, Form 990-PF (2016) 623511 11-23-16 Form 990-PF (2016) Arthur J. Gallagher Foundation 36-6082304 Page 3 NPart.IV. Caoital Gains and Losses for Tax on Investment Income (a) List and describe the kind(s) of property sold (e.g., real estate, (b How acquired Date acquired (d) Date sold ^ Purchase 2-story brick warehouse; or common stock, 200 shs. MLC Co.) D - Donation (mo., day, yr.) (mo., day, yr.) la PUBLICLY TRADED SECURITIES P b c d e Depreciation allowed or other Gain (loss) (e) Gross sales price (f) (p) Cost basis (h) or (or allowable) plus expense of sale (e) plus (f) minus (g) a -1,675. 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. (I), if any Losses (from col. (h)) a -1,675. 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 -1,675. 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 )trait v -i wuanncauon unuer aeciron 4 t"u1e) Tor neuuceo r ax 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.