2024-05-06T15:44:35-05:00 2023-06-30 420714325 RSM US LLP 30 S Wacker Drive Ste 3300 Chicago IL 60606 990 2022-07-01 367681597 Shure Charitable Trust Created UW of Sidney N Shure SHUR 3123574790 30 S Wells Street 4049 Chicago IL 60606 David S Rosen Trustee 3123574790 2024-05-02 1 David Rosen 999009999 1 Rebekuh Eley P01247672 3126343400 2024-05-02 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z Steven B Nasatir 30 S Wells Street 4049 Chicago IL 60606 2742512 0 X N/A X 2016 IL The Shure Charitable Trust (the Trust) has been organized to be operated at all times and exclusively to support and carry out the purposes of the Jewish Federation of Metropolitan Chicago and the Jewish United Fund of Metropolitan Chicago, both of which are Illinois not-for-profit corporations organized and operated exclusively for charitable, educational or religious purposes. 3 1 0 1 0 0 0 0 0 0 4371037 2742512 0 0 4371037 2742512 2914500 2365000 0 0 0 0 0 0 0 323000 323000 3237500 2688000 1133537 54512 52677521 51969504 860000 430000 51817521 51539504 X The Shure Charitable Trust (the Trust) has been organized to be operated at all times and exclusively to support and carry out the purposes of the Jewish Federation of Metropolitan Chicago and the Jewish United Fund of Metropolitan Chicago, both of which are Illinois not-for-profit corporations organized and operated exclusively for charitable, educational or religious purposes. 0 0 2365000 2365000 0 The Trust will make grants to the Jewish Federation of Metropolitan Chicago (Federation), Jewish United Fund of Metropolitan Chicago (JUF), and various other charities that meet the criteria of Federation and JUF as determined by the Trustees. 2365000 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 3 1 0 0 0 0 0 1 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X James A Pinkston 3123574790 30 S Wells Street No 4049 Chicago IL 60606 David S Rosen Trustee 0.50 49.50 X 0 645663 55583 Dr Steven B Nasatir Trustee 0.50 37.50 X 0 547025 34263 Barbara E Levie Trustee 0.50 0.50 X 0 0 0 0 1192688 89846 0 0 1 0 0 2742512 2742512 2742512 0 0 2742512 X 2365000 2365000 323000 323000 2688000 2365000 323000 0 810969 435481 51866552 51534023 52677521 51969504 860000 430000 860000 430000 X 51817521 51539504 51817521 51539504 52677521 51969504 54512 -332529 0 X 0 1 X 1 0 X X 2 Jewish Federation of Metropolitan Chicago 362167761 7 1 119500 0 Jewish United Fund of Metropolitan Chicago 362167034 7 1 1435000 0 2 1554500 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 1 0 Schedule A, Part I, Line 12g Monetary support to supported organizations designated by charitable class or purpose is reported in detail on Schedule I. See Schedule A narratives for additional details. Schedule A, Part IV, Line 1: The Foundation is a supporting organization of Jewish Federation of Metropolitan Chicago (the Federation) and Jewish United Fund of Metropolitan Chicago (JUF). The Foundation operates exclusively to foster, support, develop and maintain charitable activities and vital human and educational services by supporting and carrying out the broad charitable, educational, or religious purposes or functions of the Federation and JUF. The Foundation supports the charitable purpose of the Federation and JUF by making grants to charitable organizations that operate exclusively to perform the functions or to carry out the purposes of the Federation and JUF. Schedule A, Part IV, Lines 5a and 5b: Grants made by the Foundation to charitable organizations greater than $5,000 are listed on Schedule I. These supported organizations are designated by class or charitable purpose and support the charitable purposes of the Federation. All these organizations meet the guidelines of the by-laws of the Foundation and the charter of the Federation and are exempt under IRC Section 501(c)(3). 0 Equity Interest in a Privately Held Company 51534023 F 51534023 X Part X, Line 2: Shure Charitable Trust is exempt from income taxes under Section 501(c)(3) of the Internal Revenue Code and applicable state law, except for taxes pertaining to unrelated business income, if any. Shure Charitable Trust has adopted the accounting standard on accounting for uncertainty in income taxes, which addresses the determination of whether tax benefits claimed or expected to be claimed on a tax return should be recorded in the financial statements. Under this guidance, the Jewish United Fund may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Jewish United Fund and various positions related to the potential sources of unrelated business taxable income (UBIT). The tax benefits recognized in the financial statements from such a position are measured based on the largest benefit that has a greater than 50 percent likelihood of being realized upon ultimate settlement. The guidance on accounting for uncertainty in income taxes also addresses de-recognition, classification, interest and penalties on income taxes, and accounting in interim periods. At June 30, 2023, there were no unrecognized tax benefits identified or recorded as liabilities. Shure Charitable Trust files Form 990 in the U.S. federal jurisdiction and the state of Illinois. 1 Jewish United Fund of Metropolitan Chicago 30 S Wells Street Chicago IL 60606 362167034 501(c)(3) 1435000 0 $1.33M for annual campaign gift, $50k for Live Secure, $50k for Mental Health Needs United Way of Metropolitan Chicago 333 S Wabash Avenue Chicago IL 60604 300200478 501(c)(3) 145000 0 For violence prevention Jewish Federation of Metropolitan Chicago 30 S Wells Street Chicago IL 60606 362167761 501(c)(3) 119500 0 Rose Shure Memorial Fund, Sarnoff Center for Jewish Genetics, Northwestern University Hillel, University of Chicago Hillel, Fund for the Future Art Institute of Chicago 111 S Michigan Avenue Chicago IL 60603 362167725 501(c)(3) 60000 0 For General Operating Support CARA Program 237 S Desplaines Street Chicago IL 60661 364268095 501(c)(3) 50000 0 For General Operating Support Chicago First Fund The Chicago Public Schools Foundation 200 West Madison Street 2nd Floor Chicago IL 60606 364094830 501(c)(3) 50000 0 For General Operating Support Safer Foundation 571 W Jackson Boulevard Chicago IL 60661 362762168 501(c)(3) 50000 0 For Safer Demand Skills Collaborative Spertus Institute for Jewish Learning and Leadership 610 S Michigan Avenue Chicago IL 60605 362662739 501(c)(3) 50000 0 For Choose to Change Planned Parenthood of Illinois 18 S Michigan Avenue 6th Floor Chicago IL 60603 362170901 501(c)(3) 45000 0 For General Operating Support Chicago Community Foundation 225 N Michigan Avenue Chicago IL 60601 363432023 501(c)(3) 40000 0 For the Partnership for Safe & Peaceful Communities Lyric Opera of Chicago 20 N Wacker 860 Chicago IL 60606 366008929 501(c)(3) 40000 0 For Lyric Unlimited Chicago Symphony Orchestra 220 S Michigan Avenue Chicago IL 60604 362167823 501(c)(3) 32500 0 To Increase Programming for the Negaunee Music Institute's Centennial Season American Society for Technion - Israel Inst for Technology 111 W Washington Street Suite 1220 Chicago IL 60602 130434195 501(c)(3) 25000 0 For the Integrative Cancer Center Anti-Defamation League 120 S LaSalle Suite 1150 Chicago IL 60603 131818723 501(c)(3) 25000 0 For the Prevention of Hatred, Bullying and Cyberbullying Lincoln Park Zoological Society 2001 N Clark Street Chicago IL 60614 362512404 501(c)(3) 25000 0 For the Wildlife Conservation Program Youth Services of Glenview-Northbrook 3080 W Lake Avenue Glenview IL 60026 363182275 501(c)(3) 25000 0 prideLEAD & prideSUPPORT Jewish Child and Family Services 216 W Jackson Boulevard Suite 700 Chicago IL 60606 362167757 501(c)(3) 20000 0 For Response LGBTQ Program Jewish Free Loan Chicago 4411 N Ravenswood Avenue Suite 300 Chicago IL 60640 920562371 501(c)(3) 15000 0 For General Operating Support Keshet Inc Massachusetts Amory Street Ste 4 Boston MA 02130 481278664 501(c)(3) 15000 0 For General Operating Support American Committee for Weizmann Institute of Science 633 Third Avenue 20th Floor New York NY 10017 131623886 501(c)(3) 12500 0 For Davidson Institute of Science Education and Feinberg Graduate School American Friends of the Hebrew University Inc 500 N Michigan Suite 1530 Chicago IL 60611 131568923 501(c)(3) 12500 0 Undergraduate and Graduate Scholarships Adler Planetarium 1300 S Lake Shore Drive Chicago IL 60605 366210902 501(c)(3) 10000 0 For the Far Horizons Program Chicago Urban League 4510 S Michigan Avenue Chicago IL 60653 362225483 501(c)(3) 10000 0 For General Operating Support NAACP Legal Defense and Educational Fund 40 Rector Street 5th Floor New York NY 10006 131655255 501(c)(3) 10000 0 For General Operating Support Roger Baldwin Foundation of ACLU Inc 180 N Michigan Avenue Suite 2300 Chicago IL 60601 362682569 501(c)(3) 10000 0 For General Operating Support Equality Illinois Institute 17 N State Street Suite 1020 Chicago IL 60602 260798861 501(c)(3) 8000 0 For General Operating Support American Jewish Committee 55 E Monroe Street Suite 2930 Chicago IL 60603 135563393 501(c)(3) 7500 0 For General Operating Support Arthritis Foundation 1355 Peachtree Street Suite 600 Atlanta GA 30309 581341679 501(c)(3) 7500 0 For General Operating Support 28 0 Part I, Line 2: The Trust performs due diligence on all organizations seeking grants from the Trust and reviews grant compliance each year. 0 1 0 0 0 0 0 0 0 David S Rosen Trustee 0 402943 0 0 0 242720 0 39289 0 17070 0 702022 0 25000 Dr Steven B Nasatir Trustee 0 468992 0 0 0 78033 0 18449 0 16208 0 581682 0 0 Part I, Line 4b David Rosen: The Jewish Federation has an agreement with David Rosen which provides for annual payments of $25,000 per year that began in 2018 and will end in 2028. In 2017, the Jewish Federation entered into a second agreement with David Rosen which provides for annual payments of $25,000 that began in 2022 and will end in 2032. David Rosen vested in this benefit in 2022 and the present value of these future benefit payments, which was $207,139 is included in his 2022 reportable compensation. This amount was not paid out in cash to David Rosen in 2022. It represents a one-time actuarially determined figure that is taxable in accordance with the Internal Revenue Code. Steven B. Nasatir: In 1999 the Jewish Federation entered into an agreement with Steven Nasatir that was contingent upon 5 more years of service as president and CEO and would result in annual payments of $50,000 per year (net of tax) beginning at age 64 and lasting throughout his lifetime. Dr. Nasatir began receiving payments under this agreement in 2009. During 2012, the Jewish Federation entered into a second agreement with Steven Nasatir which provides for annual payments of $5,000 beginning April 1, 2015 and lasting throughout his lifetime. Dr. Nasatir vested in the following benefits: Benefit payments from the aforementioned agreements will continue for the longer of 1) 10 years through December 2028 or 2) his lifetime. In the event of his death prior to 2029, payments will be made to Dr. Nasatir's beneficiary. The $50,000 and $5,000 annual payment amounts are to be adjusted annually in accordance with the CPI index. In 2017, the Jewish Federation entered into a third agreement with Steven Nasatir which provides for annual payments of $21,000 per year, beginning in 2018, for the longer of his lifetime or ten years (through December 2027). In 2022, Steven Nasatir received payments totaling $109,776 from the three supplemental non-qualified retirement plans. Form 990, Part VI, Section A, line 7a The board of directors shall consist of at least 3 total persons, 1 of whom are elected by the private member and 2 of whom are elected by the publicly supported organization member pursuant to its established procedures. Form 990, Part VI, Section B, line 11b The Trustees of the Trust reviewed the Form 990 prior to filing with the IRS. Form 990, Part VI, Section B, line 12c A conflict of interest questionnaire is circulated to all the Trustees on an annual basis. If a Trustee does have a conflict or business relationship, he or she is required to abstain from any votes related to that matter. Form 990, Part VI, Section C, line 19 Financial statements, conflict of interest policy and governing documents are available upon request for the same period of disclosure as set forth in Section 6104(d). Form 990, Part IX, line 11g Administrative Expense: Program service expenses 0. Management and general expenses 323,000. Fundraising expenses 0. Total expenses 323,000. Albert and Lucille Delighter and Marcella Winston Foundation 30 South Wells Suite 4049 Chicago IL 60606 205488529 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Bellows Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 363864415 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 BLS Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 364420871 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Bucksbaum Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 364341914 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Charles & Audrey Dann Charitable Foundation 30 South Wells Suite 4049 Chicago IL 60606 364018189 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Chicago Center for Jewish Genetics 30 South Wells Suite 4049 Chicago IL 60606 200120266 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Covenant Foundation 1270 Avenue of the Americas Suite 3 New York NY 10020 363722029 Supporting Foundation NY 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Crown Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 363330462 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Epstein Wenger Family Support Foundation 30 South Wells Suite 4049 Chicago IL 60606 364380168 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Glickman Foundation 30 South Wells Suite 4049 Chicago IL 60606 363857009 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Goodman Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 364018187 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Harry Seigle Foundation 31 South Wells Suite 4049 Chicago IL 60607 873040698 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Harvey L Miller Supporting Foundation 30 South Wells Suite 4049 Chicago IL 60606 900187252 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Helene Diamond & Jorde Nathan Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 364157242 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Hillels of Illinois Endowment Foundation 30 South Wells Suite 4049 Chicago IL 60606 364310755 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 IGRB Foundation 30 South Wells Suite 4049 Chicago IL 60606 364018186 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Jewish Federation of Metropolitan Chicago 30 South Wells Suite 4049 Chicago IL 60606 362167761 Social Welfare Institution IL 501(c)(3) Line 7 N/A 0 Jewish United Fund of Metropolitan Chicago 30 South Wells Suite 4049 Chicago IL 60606 362167034 Fundraising & Grantmaking IL 501(c)(3) Line 7 Jewish Federation of Metropolitan Chicago 1 JFMC Facilities Corporation 30 South Wells Suite 4049 Chicago IL 60606 363368912 Property Management of Related Non-Profit Organizations IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 JFMCP3 Corporation 30 South Wells Suite 4049 Chicago IL 60606 262053862 Supporting Organization IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Karl Perl Charitable Trust 30 South Wells Suite 4049 Chicago IL 60606 466113637 Support the Jewish United Fund IL 501(c)(3) Line 12a, I Jewish United Fund of Metropolitan Chicago 1 Lawrence E & Nancy S Glick Foundation 30 South Wells Suite 4049 Chicago IL 60606 363662985 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Leonard and Diane Sherman Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 364345181 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Manfred and Fern Steinfeld Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 364244346 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Michael Reese Health Trust 150 North Wacker Drive Suite 2320 Chicago IL 60606 362170910 Grantmaking IL 501(c)(3) PF Jewish Federation of Metropolitan Chicago 1 Prairie Minerals Foundation 30 South Wells Suite 4049 Chicago IL 60606 320062771 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Robert L & Sylvia M Haag Foundation 30 South Wells Suite 4049 Chicago IL 60606 300149729 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Robert U & Roberta Goldman Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 203921714 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Rose Family Supporting Foundation 30 South Wells Suite 4049 Chicago IL 60606 205389086 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Seder Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 363988995 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Sisyphus Supporting Foundation 30 South Wells Suite 4049 Chicago IL 60606 205944850 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Tamar & Jonathan Koschitzky Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 300149723 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 The First Spoke Foundation 30 South Wells Suite 4049 Chicago IL 60606 200894628 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 The Harriette and Ted Perlman Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 811309979 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 The Pritzker Family Philanthropic Fund 71 S Wacker Drive Ste 4600 Chicago IL 60606 363623264 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 The Robert and Yadelle Sklare Foundation 30 South Wells Suite 4049 Chicago IL 60606 364389423 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 The SwartzbergZoller Family Foundation 30 South Wells Suite 4049 Chicago IL 60606 363864416 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Wagner Descendant's Foundation 30 South Wells Suite 4049 Chicago IL 60606 204004517 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Weiss Memorial Hospital Foundation 30 South Wells Suite 4049 Chicago IL 60606 364413031 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 Z Frank Camp Apachi Supporting Foundation 30 South Wells Suite 4049 Chicago IL 60606 363833108 Supporting Foundation IL 501(c)(3) Line 12a, I Jewish Federation of Metropolitan Chicago 1 255 Revere Drive LP 30 S Wells Suite 4049 Chicago IL 60606 363174413 Real Estate IL JFMC Facilities Corporation 0 0 0 JFMC Pooled Endowment Portfolio LLC 30 S Wells Suite 4049 Chicago IL 60606 451610644 See Sch. R, Part VII IL Jewish Federation of Metropolitan Chicago 0 0 0 Charitable Remainder Unitrusts (19) Charitable Trust IL Jewish Federation of Metropolitan Chicago T 1 Charitable Remainder Annuity Trusts (3) Charitable Trust IL Jewish Federation of Metropolitan Chicago T 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Jewish United Fund of Metropolitan Chicago B 1435000 Cash Schedule R, Part III, column (b), Primary Activity: JFMC Pooled Endowment Portfolio, LLC: To serve as an endowment investment solution for charitable organizations pursuing Jewish philanthropic goals and provides access to professional investment management, administration, and reporting for its members. Schedule R, Part IV: Identification of Related Organizations Taxable as Corporation or Trust: Split interest trusts, in order to preserve donor privacy, and in accordance with the 2022 IRS instructions for Schedule R, the organization has refrained from disclosing the details of split interest trusts and has instead reported the aggregate number of charitable remainder unitrusts and charitable remainder annuity trusts. The trusts listed are domiciled in Illinois.