Weil Foot And Ankle Institute Foundation in Glenview, Illinois (IL)

Weil Foot And Ankle Institute Foundation
Employer Identification Number (EIN)	260603756
Name of Organization	Weil Foot And Ankle Institute Foundation
In Care of Name	Lowell Weil Sr
Address	750 Glendale Dr, Glenview, IL 60025-4415
Subsection	Charitable Organization
Ruling Date	09/2011
Deductibility	Contributions are deductible
Foundation	Private operating foundation (other)
Organization	Corporation
Exempt Organization Status	Unconditional Exemption
Tax Period	12/2013
Assets	$100,000 to $499,999
Income	$1 to $9,999
Filing Requirement	990 - Not required to file (all other)
Asset Amount	$198,669
Amount of Income	$5,670
Form 990 Revenue Amount	$87,402
National Taxonomy of Exempt Entities (NTEE)	Medical Research: Medical Specialty Research

Non-representatives - add comments:

Amount of income in 2013: $5,670 (it was $28,809 in 2012)

This organization:	$5,670
Other organizations performing similar types of work:	$90,215

Assets in 2013: $198,669 (it was $195,881 in 2012)

This organization:	$198,669
Other organizations performing similar types of work:	$70,163

Expenses in 2013: $2,882

This organization:	$2,882
Other organizations performing similar types of work:	$85,607

Income to expenses ratio in 2013: 2.0

This organization:	2.0
Other organizations performing similar types of work:	1.1

Grants share in income in 2013: 46.0%

Weil Foot And Ankle Institute Foundation:	46.0%
Other organizations performing similar types of work:	93.8%

Financial snapshot ($)

Revenue for 2013

Expenses for 2013

	Revenue and expenses per books	Net investment income	Adjusted net income	Disbursements for charitable purposes (cash basis only)
Analysis of Revenue and Expenses (for 2013)
Total revenue	$5,670	$59	$3,059
Contributions, gifts, grants, etc., received	$2,611
Interest on savings and temporary cash investments	$59
Dividends and interest from securities	$0
Gross rents	$0
Gross sales price for all assets	$0
Gross profit from sales of goods	$0
Other income	$3,000
Total expenses and disbursements	$2,882	$0	$0	$2,882
Compensation of officers, directors, trustees, etc.	$0
Pension plans, employee benefits	$0
Legal fees	$0
Accounting fees	$580
Interest	$0
Depreciation	$0
Occupancy	$0
Travel, conferences, and meetings	$0
Printing and publications	$0
Total operating and administrative expenses	$2,882	$0		$2,882
Contributions, gifts, grants paid	$0
Excess of revenue over expenses and disbursements	$2,788
Net investment income		$59
Adjusted net income			$3,059

	2011		2012		2013
Balance Sheets
	Book Value	Fair Market Value	Book Value	Fair Market Value	Book Value	Fair Market Value
Total assets	$168,388	$168,388	$195,881	$195,881	$198,669	$198,669
Cash - non-interest-bearing	$168,388		$195,881		$198,669
Investments-U.S. and state government obligations	$0		$0		$0
Investments-corporate stock	$0		$0		$0
Investments-corporate bonds	$0		$0		$0
Investments-mortgage loans	$0		$0		$0
Investments-other	$0		$0		$0
Other assets			$0		$0
Total liabilities	$0		$0		$0
Total liabilities and net assets/fund balances	$168,388		$195,881		$198,669

	2011	2012	2013
Capital Gains and Losses for Tax on Investment Income
Capital gain net income	$0	$0	$0
Net capital loss	$0	$0	$0

	2011	2012	2013
Excise Tax Based on Investment Income
Domestic foundations that meet the section 4940(e) requirements (for Reduced Tax on Net Investment Income)	No	No	No
Tax based on investment income	$1	$1	$1
Total credits and payments	$0	$0	$0
Any penalty for underpayment of estimated tax	$0	$0	$0
Tax due		$1	$1
Overpayment		$0	$0
Amount to be credited to next year's estimated tax	$0	$0	$0

	2011	2012	2013
Statements Regarding Activities
During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in any political campaign?	No	No	No
Has the foundation engaged in any activities that have not previously been reported to the IRS?		No	No
Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or bylaws, or other similar instruments?		No	No
Has the foundation filed a tax return on Form 990-T for this year?		No	No
Was there a liquidation, termination, dissolution, or substantial contraction during the year?	No	No	No
Has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate) of each state?		Yes	Yes
Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for current calendar year or the taxable year beginning in this year?	Yes	Yes	Yes
Did any persons become substantial contributors during the tax year?		Yes	Yes
Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?		No	No
Did the foundation comply with the public inspection requirements for its annual returns and exemption application?		Yes	Yes
Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041		No	No

	2011	2012	2013
Statements Regarding Activities for Which Form 4720 May Be Required
During the year did the foundation (either directly or indirectly):
Engage in the sale or exchange, or leasing of property with a disqualified person?	No	No	No
Borrow money from, lend money to, or otherwise extend credit to (or accept it from) a disqualified person?	No	No	No
Furnish goods, services, or facilities to (or accept them from) a disqualified person?	No	No	No
Pay compensation to, or pay or reimburse the expenses of, a disqualified person?	No	No	No
Transfer any income or assets to a disqualified person (or make any of either available for the benefit or use of a disqualified person)?	No	No	No
Agree to pay money or property to a government official?	No	No	No
Did any of the acts fail to qualify under the exceptions described in Regulations section 53.4941(d)-3 or in a current notice regarding disaster assistance?		No	No
Did the foundation engage in a prior year in any of the acts, other than excepted acts, that were not corrected before the first day of the tax year beginning in this year?		No	No
At the end of this tax year, did the foundation have any undistributed income for tax year(s) beginning before this year?	No	No	No
Are there any years listed above for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect valuation of assets) to the year's undistributed income?		No	No
Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time during the year?	No	No	No
Did the foundation have excess business holdings in this year as a result of (1) any purchase by the foundation or disqualified persons after May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose of holdings acquired by gift or bequest; or (3) the lapse of the 10-, 15-, or 20-year first phase holding period?	No	No	No
Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes?	No	No	No
Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that had not been removed from jeopardy before the first day of the tax year beginning in this year?		No	No
During the year did the foundation pay or incur any amount to:
Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))?	No	No	No
Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly, any voter registration drive?	No	No	No
Provide a grant to an individual for travel, study, or other similar purposes?	No	No	No
Provide a grant to an organization other than a charitable, etc., organization described in section 509(a)(1), (2), or (3), or section 4940(d)(2)?	No	No	No
Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for the prevention of cruelty to children or animals?	No	No	No
Did any of the transactions fail to qualify under the exceptions described in Regulations section 53.4945 or in a current notice regarding disaster assistance?		No	No
Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on a personal benefit contract?		No	No
Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?		No	No

	2011	2012	2013
Minimum Investment Return
Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes	$0	$0	$0
Net value of noncharitable-use assets		$0	$0
Minimum investment return	$0	$0	$0

	2011	2012	2013
Distributable Amount
Distributable amount	$0	$0	$0

	2011	2012	2013
Undistributed Income
Distributable amount for this year	$0	$0	$0
Undistributed income for this year. This amount must be distributed in the next year	$0	$0	$0

	2013	2012	2011	2010	Total
Private Operating Foundations (for 2010 - 2013)
The lesser of the adjusted net income or the minimum investment return	$1	$0	$0	$0	$1
Qualifying distributions made directly for active conduct of exempt activities	$2,882	$1,316	$16,008	$14,466	$34,672
Value of all assets	$1	$0	$0	$0	$1
Value of assets qualifying under section 4942(j)(3)(B)(i)	$0	$0	$0	$0	$0
2/3 of minimum investment return	$0	$0	$0	$0	$0
Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties)	$0	$0	$0	$0	$0
Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii)	$0	$0	$0	$0	$0
Gross investment income	$0	$0	$0	$0	$0

Supplementary Information (for 2013)
Grants approved for future payment	$0

	Amount	Related or exempt function income
Analysis of Income-Producing Activities (for 2013)
Program service revenue
	$0	$3,000
Fees and contracts from government agencies	$0	$0
Membership dues and assessments	$0	$0
Interest on savings and temporary cash investments	$0	$59
Dividends and interest from securities	$0	$0

Information Regarding Transfers To and Transactions and Relationships With Noncharitable Exempt Organizations (for 2013)
Did the organization directly or indirectly engage in any of the following with any other organization described in section 501(c) of the Code (other than section 501(c)(3) organizations) or in section 527, relating to political organizations?
Transfers from the reporting foundation to a noncharitable exempt organization of:
Cash	No
Other assets	No
Other transactions:
Sales of assets to a noncharitable exempt organization	No
Purchases of assets from a noncharitable exempt organization	No
Rental of facilities, equipment, or other assets	No
Reimbursement arrangements	No
Loans or loan guarantees	No
Performance of services or membership or fundraising solicitations	No
Sharing of facilities, equipment, mailing lists, other assets, or paid employees	No

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Id	Name	Address	State	Established	Total Income
Organizations performing similar types of work
1	Amyloidosis Support Groups Inc	232 Orchard Dr, Wood Dale, IL 60191-1313	IL	2005-09	$139,439
2	American Burn Association Inc	311 S Wacker Dr Ste 4150, Chicago, IL 60606-6671	IL	2001-07	$10,328,760
3	Essentia Institute Of Rural Health	502 E 2nd St, Duluth, MN 55805-1913	MN	2010-05	$10,170,309
4	Saem Research Foundation	2340 S River Road, Des Plaines, IL 60018-3212	IL	2008-08	$4,846,945
5	Epigon Foundation Inc	2698 Independence Ave, Glenview, IL 60026-7733	IL	2014-01	$2,000,200
6	Angelman Syndrome Foundation Inc	75 Executive Dr Ste 327, Aurora, IL 60504-8127	IL	2001-06	$1,821,785
7	Goldman Philanthropic Partnerships	3132 Spring Lake Dr, Rockford, IL 61114-5533	IL	2000-04	$787,809
8	International Society For The Study Of Womens Sexual Health	1100 E Woodfield Road, Schaumburg, IL 60173-5116	IL	2003-03	$642,823
9	Society Of Urodynamics And Female Urology Research Foundation Inc	1100 E Woodfield Rd Ste 350, Schaumburg, IL 60173-5121	IL	2007-09	$274,400
10	Chicago Electrical Trauma Research Institute	4047 W 40th Street, Chicago, IL 60632	IL	2012-03	$240,916
11	Advances In Contrast Ultrasound Nfp	960 Stonegate Dr, Highland Park, IL 60035-5147	IL	2006-08	$195,575
12	Osteopathic International Alliance, Oia	142 East Ontario Street, Chicago, IL 60611-2864	IL	2007-07	$94,052
13	International Society For Hemodialysis	836 Wellington, Chicgo, IL 60657-5147	IL	2001-05	$35,363
14	Weil Foot And Ankle Institute Foundation	750 Glendale Dr, Glenview, IL 60025-4415	IL	2011-09	$5,670
15	Center For African-American Health	45 W 111th St, Chicago, IL 60628-4247	IL	2003-02	$0
16	Dolphin Therapy Innovations Inc	600 Naples Ct Apt 407, Glenview, IL 60025-3865	IL	2001-03	$0
17	Fall Prevention Clinics Of America Foundation	1220 Hobson Suite 132, Naperville, IL 60540	IL	2011-03	$0
18	Heartland Health Education Center	302 E JACKSON ST PO BOX 390, Morton, IL 61550	IL	2000-03	$0
19	Informedconsent Com Foundation	840 35th Ave Place Suite 101, Moline, IL 61265	IL	2000-11	$0
20	Spine And Surface Topography Study Group Nfp	1166 Fox Path, West Dundee, IL 60118	IL	2014-07	$0

Number of organizations performing similar types of work

Alaska	1
Alabama	3
Arkansas	1
Arizona	9
California	39
Colorado	10
Connecticut	5
District of Columbia	4
Delaware	3
Florida	21
Georgia	6
Hawaii	1
Iowa	1
Idaho	1
Illinois	19
Indiana	4
Kansas	2
Kentucky	2
Louisiana	2
Massachusetts	9
Maryland	10
Maine	4
Michigan	11
Minnesota	7
Missouri	1

Montana	1
North Carolina	7
North Dakota	1
Nebraska	2
New Hampshire	1
New Jersey	7
New Mexico	2
Nevada	3
New York	18
Ohio	7
Oklahoma	2
Oregon	9
Pennsylvania	10
Rhode Island	2
South Carolina	2
South Dakota	2
Tennessee	3
Texas	22
Utah	1
Virginia	7
Vermont	1
Washington	6
Wisconsin	4
West Virginia	1
International	2

Total

299

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