2024-07-08T14:01:17-05:00 2023-08-31 990 2022-09-01 366029122 FRED A KAHLKE CHARITY TRUST KAHL 3126306000 PO BOX 803878 CHICAGO IL 60680 JAMES CIARLETTE VICE PRESIDENT 3126306000 2024-07-02 true 2022 2023-04-26 12:10:37Z NORTHERN TRUST COMPANY PO BOX 803878 CHICAGO IL 60680 5463261 false X N/A X 1975 IL TO SUPPORT ORGANIZATIONS SHOWN IN SCHEDULE A PART I 1 0 0 0 0 0 0 575969 -220519 0 575969 -220519 363933 75391 0 52069 40979 0 0 5848 5178 421850 121548 154119 -342067 3898785 3556718 0 0 3898785 3556718 TO SUPPORT ORGANIZATIONS SHOWN IN SCHEDULE A PART I false false 53851 53851 FIRST BAPTIST CHURCH OF ROCK ISLAND - GRANT 10770 10770 AUGUSTANA COLLEGE OF ROCK ISLAND - GRANT 10770 10770 YOUNG WOMENS CHRISTIAN ASSN OF ROCK ISLAND - GRANT 43657 43657 43657 43657 119048 true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true false false false true 0 0 0 false false false false false false false false false false false false false X 1 0 false false false false false false false true false false false true true true true false true false false false IL X NORTHERN TRUST COMPANY 3126306000 PO BOX 803878 CHICAGO IL 60680 THE NORTHERN TRUST COMPANY TRUSTEE 40.0 X 40979 0 0 40979 0 0 false false false 102450 102450 5360811 5683780 -322969 -322969 -322969 -220519 -220519 75391 75391 40979 40979 2500 2500 ATTORNEY GENERAL 15 15 FOREIGN TAX 2663 2663 121548 75391 46157 0 21530 136787 3877255 3419931 3898785 3556718 0 0 X 3898786 3556718 -1 3898785 3556718 3898785 3556718 X -342067 X false false false X X 3 FIRST BAPTIST CHURCH 362275599 1 true 53851 0 AUGUSTANA COLLEGE 362166962 5 true 10770 0 YOUNG WOMENS CHRIST ASSN 362171176 7 true 10770 0 3 75391 0 true false false false false false false false false false false true false false false false true false false 0 0 126190 103889 126190 103889 0 16834 14158 0 109356 89731 4007389 3427812 0 0 4007389 3427812 0 0 4007389 3427812 60111 51417 3947278 3376395 138155 118174 0 138155 118174 109356 92953 138155 138155 0 138155 75391 0 31999 0 0 0 107390 0 138155 0 138155 0 0 0 0 0 0 0 0 0 0 0 107390 0 107390 0 0 30765 0 0 0 0 0 0 PART IV, SECTION D, LINE 2 NORTHERN TRUST MAINTAINED A CLOSE AND CONTINUOUS RELATIONSHIP VIA COMMUNICATION EITHER BY EMAIL, PHONE AND FACE TO FACE MEETINGS WITH THE PORTFOLIO MANAGER, CLIENT ADVISOR AND/OR MANAGING DIRECTOR. LINE 6iii SEE ATTACHED SCHEDULE A, PART V, SCH E, LINES 2 & 6 THE FRED A.KAHLKE CHARITY (THE TRUST) FAILED TO DISTRIBUTE $30,765. FOR YEARS PRIOR TO 2021. IN ACCORDANCE WITH TREASURY REGULATION SECTION 1.509(A)-4(I)(5)(II), BECAUSE THE NORTHERN TRUST COMPANY (NORTHERN), THE SOLE TRUSTEE, HAD NOT YET CREATED PROCEDURES TO COMPLY WITH THE NEW REQUIREMENTS UNDER THE REVISED REGULATIONS. SCHEDULE A, PART V, SCH E, LINES 2 & 6 INSTEAD, THE TRUST PROPERLY PAID OUT THE NET INCOME DISTRIBUTABLE UNDER THE TERMS OF THE GOVERNING INSTRUMENT PRIOR DECEMBER 31, 2021, BUT FAILED TO CALCULATE THE DIFFERENCE BETWEEN THAT AND THE DISTRIBUTABLE AMOUNT AS DEFINED IN TREASURY REGULATION SECTION 1.509(A)-4(I)(5)(II)(B). SCHEDULE A, PART V, SCH E, LINES 2 & 6 HOWEVER, IN CONNECTION WITH THE PREPARATION OF THIS NEW SCHEDULE A, THE NORTHERN TAX DEPARTMENT RECOGNIZED THE NEED TO HAVE SYSTEMATIC PROCEDURES FOR COMPLIANCE WITH THE NEW REQUIREMENT, AND HAS IMPLEMENTED PROCEDURES SIMILAR TO THOSE USED FOR THE PRIVATE FOUNDATIONS THAT NORTHERN ADMINISTERS. SCHEDULE A, PART V, SCH E, LINES 2 & 6 THE REASONABLE CAUSE EXCEPTION UNDER TREASURY REGULATION SECTION 1.509(A)-4(I)(5)(II)(F) STATES AN ORGANIZATION THAT FAILS TO DISTRIBUTE ITS DISTRIBUTABLE AMOUNT WILL NOT BE CLASSIFIED AS A PRIVATE FOUNDATION FOR THE YEAR OF THE FAILURE IF THE ORGANIZATION ESTABLISHES TO THE SATISFACTION OF THE IRS THAT: SCHEDULE A, PART V, SCH E, LINES 2 & 6 (1) THE FAILURE WAS DUE TO UNFORESEEN EVENTS OR CIRCUMSTANCES BEYOND ITS CONTROL, A CLERICAL ERROR, OR AN INCORRECT VALUATION OF ASSETS; (2) THE FAILURE WAS DUE TO REASONABLE CAUSE AND NOT TO WILLFUL NEGLECT; SCHEDULE A, PART V, SCH E, LINES 2 & 6 AND (3) THE DISTRIBUTION REQUIREMENT IS MET WITHIN 180 DAYS AFTER THE ORGANIZATION IS FIRST ABLE TO DISTRIBUTE ITS DISTRIBUTABLE AMOUNT NOTWITHSTANDING THE UNFORESEEN EVENTS OR CIRCUMSTANCES, OR WITHIN 180 DAYS AFTER THE CLERICAL ERROR OR INCORRECT VALUATION WAS OR SHOULD HAVE BEEN DISCOVERED. SCHEDULE A, PART V, SCH E, LINES 2 & 6 AS ESTABLISHED ABOVE, THE UNDERDISTRIBUTION WAS DUE TO REASONABLE CAUSE AND NOT TO WILLFUL NEGLECT. THE TRUST WILL PAY OUT THE UNDERDISTRIBUTION IN LESS THAN 180 DAYS SINCE THE DISCOVERY OF THE UNDERDISTRIBUTION AND HENCEFORTH WILL TIMELY COMPLY WITH THE DISTRIBUTABLE AMOUNT REQUIREMENT. EXPLANATION FOR FORM 990, PAGE 2, PART III, LINE 4d Compensation to officers, Tax Preparation, IL AG, Foreign Tax EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 1a THE NORTHERN TRUST COMPANY EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 8b NOT APPLICABLE FORM 990, PAGE 6, PART VI, LINE 11-DESCRIPTION OF PROCESS FOR REVIEW COPY OF TAX RETURN SENT TO TRUSTEE FOR REVIEW AND COMMENT EXPLANATION FOR FORM 990, PAGE 6, PART VI, LINE 12c ANNUAL ACKNOWLEDGEMENT FORM 990, PAGE 6, PART VI, LINE 19 UPON REQUEST EXPLANATION FOR FORM 990, PART XI, LINE 9 TAX COST ETC ADJ FIRST BAPTIST CHURCH 3020 30th St ROCK ISLAND IL 61201 362275599 CHURCH IL 501(c)(3) 1 N/A false AUGUSTANA COLLEGE 639 38th St ROCK ISLAND IL 61201 362166962 COLLEGE IL 501(c)(3) 5 N/A false YOUNG WOMENS CHRISTIAN ASSOCIATION 229 16th St ROCK ISLAND IL 61201 362171176 YWCA IL 501(c)(3) 7 N/A false false true false false false false false false false false false false false false false false false false false