Iefile GRAPHIC print - DO NOT PROCESS 990 DLN; 93493306009865I I As Filed Data - l OMB No 1545-0047 Return of Organization Exempt From Income Tax Form 2014 Under section 501(c), 527, or 4947(a)(1) of the Internal Revenue Code (except private foundations) h- Do not enter socral security numbers on this form as it may be made public h-Information about Form 990 and its instructions is at www.IRS.gov[form990 '5 Department of the Treasury Internal Revenue Servrce A For the 2014 calendar year, or tax year beginning 01-01-2014 , and ending 12-31-2014 C Name of organization ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN B Check if applicable Open to Public Inspection D Employer identification number '- Address change 41-2057028 '- Name change Dorng busrness as '- Initial retu rn E Telephone number Final '- return/term inated Number and street (or P 0 box if mail is not delivered to street address) Room/surte 19OSLASALLE STREET NO 1500 '- Amended return City or town, state or provrnce, country, and ZIP or foreign postal code l_ Application pending CHICAGO, 1'- 60603 F (312)346-5700 G Gross receipts $ 3,688,943 Name and address of princrpal officer H(a) Is this a group return for JOHNTILLMAN subordinates? I_YesI7No H(b) Are allsubordinates I_YesI_No 190 S LASALLE STREET NO 1500 CHICAGO'IL 60603 included? I Tax-exempt Status J I7 501(c)(3) I- 501(c)( )1 (insert no) I- 4947(a)(1) or I- 527 If"No," attach a list (see instructions) Website; h- WWW ILLINOISPOLICY ORG K Form of organization E H(c) '7 Corporation '- Trust '- Assocration '- Other I'- Group exemption number p. L Year of formation 2002 M State of legal domicrle IL Summary 1 Briefly describe the organization's missron or most srgnificant actiVities THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING, AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE, AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS 2 Check this box h1- ifthe organization discontinued its operations or disposed of more than 25% ofits net assets 3 3 Number ofvoting members ofthe governing body (Part VI, line 1a) ; E E L5 2 4 Number ofindependent voting members ofthe governing body (Part VI, line 1b) 4 7 5 Total number ofindiViduals employed in calendar year 2014 (Part V, line 2a) 5 0 d; 6 Total number ofvolunteers (estimate if necessary) 6 0 b Net unrelated busrness taxable income from Form 990-T, line 34 . . . . . 8 E 7aTotal unrelated busrness revenue from Part VIII, column (C), line 12 . 3 . . . . . . . . 7a 0 . . . . . . . . 7b 0 Prior Year Current Year 8 Contributions and grants (PartVIII,line 1h) . . . . . . . . . 3,416,717 3,528,656 % 9 Program servrce revenue (Part VIII, line 29) . . . . . . . . . 0 0 E 10 Investmentincome(PartVIII,column(A),lines 3,4,and 7d) . . . . 5,506 -431 CE 11 Otherrevenue(PartVIII,column(A),lines 5,6d,8c,9c,10c,and11e) 1,983 6,850 12 Total revenue-add lines 8 through 11 (must equal Part VIII, column (A), line 3,424,206 3,535,075 13 Grants and srmilaramounts paid (PartIX,column(A),lines 1-3) 335,000 37,000 12). . . . . . . . . . . . . . . . . . . . . . . 14 Benefits paid to orfor members (Part IX, column (A), line 4) g 15 gallagifs,othercompensation,employee benefits (PartIX,column (A),lines E 16a Professronalfundraisrng fees (PartIX,column(A),line 11e) E b . . . . . . . . 0 0 1,596,121 1,967,167 0 0 1,159,899 1,851,862 3,091,020 3,856,029 333,186 -320,954 . Total fundraisrng expenses (Part D(, column (D), line 25) #435552 17 Otherexpenses(PartIX,column(A),lines 11a-11d,11f-24e) 18 Totalexpenses Add lines 13-17 (must equalPartIX,column(A),line25) 19 Revenue less expenses Subtract line 18 from line 12 . . . . . . . . . . . 3E Eg Beginning of Current Year 32 20 Total assets (Part X, line 16) . . 5'3 21 Total liabilities (Part X, line 26) Eli 22 Net assets orfund balances Subtract line 21 from line 20 . . . . . . . . . . . . . . . . . . . . . . . . . . . End of Year 784,902 . . 463,948 0 0 784,902 463,948 Signature Block Under penalties of perjury, I declare thatI have examined this return, including accompanying schedules and statements, and to the best of my knowledge and belief, it is true, correct, and complete Declaration of preparer (other than officer) is based on all information of which preparer has any knowledge N ****** Sign Here l2015-11-02 Signature of officer Date JOHN TILLMAN CEO Type or print name and title P Id al Pre pare r Use Only Print/Type preparer's name Preparers Signature KIMBERLEY s FRITZSCHE KIMBERLEY s FRITZSCHE Flrm's name Date Check '- if PTIN self_employed P00232679 P- WILLOW CPA GROUP LTD Flrm's EIN P- 47-2178213 Flrm's address P- 1622 W COLONIAL PARKWAY SUITE 101 Phone no (847) 453-3950 INVERNESS, IL 60067 I7Yes I_No May the IRS discuss this return With the preparer shown above? (see instructions) For Paperwork Reduction Act Notice, see the separate instructions. C at N o 1 1 2 8 2Y Form 990 (2014) Form 990 (2014) m Page2 Statement of Program Service Accomplishments CheckifScheduleOcontainsaresponseornotetoanylineinthisPartIII 1 . . . . . . . . . . . . . J- Briefly describe the organization's missmn THE INSTITUTE IS A FREE MARKET ORIENTED THINK TANK DEDICATED TO GATHERING, DISSEMINATING,AND EDUCATING ILLINOIS CONSTITUENTS ON LOCAL, STATE,AND FEDERAL PUBLIC POLICY ISSUES FACING ILLINOIS 2 Did the organization undertake any Significant program serVIces during the year which were not listed on thepriorForm990 or990-EZ? . . . . . . . . . . . . . . . . . . . . . . I_Yes I7No serwces'P............................ I_Yesl7No If"Yes," describe these new serVIces on Schedule 0 3 Did the organization cease conducting, or make Significant changes in how it conducts, any program If"Yes," describe these changes on Schedule 0 4 4a Describe the organization's program serVIce accomplishments for each ofits three largest program serVIces, as measured by expenses Section 501(c)(3) and 501(c)(4) organizations are reqUIred to report the amount ofgrants and allocations to others, the total expenses, and revenue, ifany, for each program serVIce reported (Code ) (Expenses $ 3,083,650 including grants of $ 37,000 ) (Revenue $ ) ILLINOIS POLICY INSTITUTE CONDUCTS RESEARCH ON A VARIETY OF ISSUES, INCLUDING FISCAL MATTERS, EDUCATION POLICY, AND GOVERNMENT REFORM THE INSTITUTE SHARES ITS FINDINGS WITH RELEVANT AUDIENCES VIA POLICY PAPERS, MEDIA APPEARANCES, SPEAKING ENGAGEMENTS, AND OTHER PUBLIC FORUMS ALL OF THE INSTITUTE'S RESEARCH IS DESIGNED TO BETTER EDUCATE AND BENEFIT ILLINOIS RESIDENTS, TAXPAYERS, MEDIA, AND GOVERNMENT OFFICIALS ON THE POLICIES CONFRONTING ILLINOIS 4b (Code ) (Expenses $ 128,833 including grants of $ ) (Revenue $ ) EDUCATIONAL SEMINARS ON THE PUBLIC POLICIES OF ILLINOIS 4c (Code ) (Expenses $ 4d Other program serVIces (Describe in Schedule 0 ) (Expenses $ 4e Total program service expensesh- including grants of $ including grants of$ ) (Revenue $ ) (Revenue $ ) ) 3,212,483 Form 990(2014) Form 990 (2014) Page 3 Checklist of Required Schedules Yes Is the organization described In section 501(c)(3) or 4947(a)(1) (otherthan a private foundation)? If "Yes," No Yes complete Schedule A 1 Is the organization reqUIred to complete Schedule B, Schedule of Contributors (see instructions)? '5 2 Yes Did the organization engage in direct or indirect political campaign actiVities on behalf ofor in oppOSItion to No candidates for public office? If "Yes,"complete Schedule C, Part I 3 Section 501(c)(3) organizations. Did the organization engage in lobbying actiVities, or have a section 501(h) election in effect during the tax year? If "Yes,"complete Schedule C, Part II Yes 4 Is the organization a section 501(c)(4), 501(c)(5), or 501(c)(6) organization that receives membership dues, assessments, or Similar amounts as defined in Revenue Procedure 98-19? If "Yes,"complete Schedule C, Part HIE . 5 No 6 No 7 No 8 No negotiation serVIces? If "Yes," complete Schedule D, PartI 9 No Did the organization, directly orthrough a related organization, hold assets in temporarily restricted endowments, 10 No Did the organization maintain any donor adVIsed funds or any Similarfunds or accounts for which donors have the right to prOVIde adVIce on the distribution or investment ofamounts in such funds or accounts? If "Yes," complete Schedule D, Part IE Did the organization receive or hold a conservation easement, including easements to preserve open space, the enVIronment, historic land areas, or historic structures? If "Yes,"complete Schedule D, Part II Did the organization maintain collections of works ofart, historical treasures, or other Similar assets? If "Yes," complete Schedule D, Part III E Did the organization report an amount in Part X, line 21 for escrow or custodial account liability, serve as a custodian for amounts not listed in Part X, or prOVIde credit counseling, debt management, credit repair, or debt 10 permanent endowments, or quaSI-endowments? If "Yes," complete Schedule D, Part 11 Ifthe organization's answerto any ofthe followmg questions is "Yes," then complete Schedule D, Parts VI, VII, VIII, IX, orX as applicable Did the organization report an amount for land, bUIldings, and eqUIpment in Part X, line 10? If "Yes," complete Schedule D, Part VI '5 . 11a Yes Did the organization report an amount for investments-other securities in Part X, line 12 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VII'E 11b No 11C No Did the organization report an amount for investments-program related in Part X, line 13 that is 5% or more of its total assets reported in Part X, line 16? If "Yes," complete Schedule D, Part VIII Did the organization report an amount for other assets in Part X, line 15 that is 5% or more ofits total assets reported in Part X, line 16? If "Yes," complete Schedule D, PartI . . . . . . . 11d Did the organization report an amount for other liabilities in Part X, line 25? If "Yes," complete Schedule D, PartXE 11e Did the organization's separate or consolidated finanCIal statements for the tax year include a footnote that 11f Yes No Yes addresses the organization's liability for uncertain tax p05itions under FIN 48 (ASC 740)? If "Yes,"complete Schedule D, Part 12a Did the organization obtain separate, independent audited finanCIal statements forthe tax year? If "Yes," complete Schedule D, Parts XI and XII '5 12a N0 Was the organization included in consolidated, independent audited finanCIal statements for the tax year? If "Yes," and if the organization answered "No" to line 12a, then completing Schedule D, Parts XI and XII is optional '5 13 Is the organization a school described in section 170(b)(1)(A)(ii)? If "Yes,"complete Schedu/eE 14a Did the organization maintain an office, employees, or agents outSIde of the United States? 12b Yes 13 No 14a No Did the organization have aggregate revenues or expenses of more than $10,000 from grantmaking, fundraismg, busmess, investment, and program serVIce actiVities outSIde the United States, or aggregate foreign investments valued at $100,000 or more? If "Yes,"complete Schedu/eF, Parts I and IV . 14b N0 15 Did the organization report on Part IX, column (A), line 3, more than $5,000 ofgrants or other a55istance to or for any foreign organization? If "Yes,"complete Schedu/eF, Parts II and IV 15 No 16 Did the organization report on Part IX, column (A), line 3, more than $5,000 ofaggregate grants or other a55istance to orforforeign indiViduals? If "Yes,"complete Schedu/eF, Parts III and IV . 15 No 17 Did the organization report a total of more than $15,000 ofexpenses for professmnal fundraismg serVIces on Part IX, column (A), lines 6 and 11e? If "Yes," complete Schedule G, Part I (see instructions) 17 No VIII, lines 1c and 8a? If "Yes,"complete Schedule G, Part II 18 No 19 Did the organization report more than $15,000 ofgross income from gaming actiVities on PartVIII,line 9a? If "Yes," complete Schedule G, Part III 19 No 20a Did the organization operate one or more hospital faCIlities? If "Yes,"complete Schedu/eH 20a No If"Yes" to line 20a, did the organization attach a copy ofits audited finanCIal statements to this return? 20b 18 Did the organization report more than $15,000 total offundraismg event gross income and contributions on Part Form 990 (2014) Form 990 (2014) Part IV 21 Page 4 Checklist of Required Schedules (continued) Did the organization report more than $5,000 ofgrants or other a55istance to any domestic organization or 21 Yes domestic government on Part IX, column (A), line 1? If "Yes,"complete Schedule I, Parts I and II 22 Did the organization report more than $5,000 ofgrants or other a55istance to or for domestic indiViduaIs on Part 22 N IX, column (A), line 2? If "Yes,"complete Schedule I, Parts I and III 23 Did the organization answer "Yes" to Part VII, Section A, line 3, 4, or 5 about compensation of the organization's current and former officers, directors, trustees, key employees, and highest compensated employees? If "Yes," complete Schedule] 24a 0 Y 23 es . Did the organization have a tax-exempt bond issue With an outstanding prinCIpaI amount of more than $100,000 as of the last day of the year, that was issued after December 31, 2002? If "Yes,"answer/Ines 24b through 24d and complete Schedule K. If "No, "go to lIne 25a . . N 24a Did the organization invest any proceeds of tax-exempt bonds beyond a temporary period exception? 0 24b Did the organization maintain an escrow account otherthan a refunding escrow at any time during the year 25a to defease any tax-exempt bonds? 24C Did the organization act as an "on behalfof" issuerfor bonds outstanding at any time during the year? 24d Section 501(c)(3), 501(c)(4), and 501(c)(29) organizations. Did the organization engage in an excess benefit transaction With a disqualified person during the year? If "Yes,"complete Schedule L, PartI . 25a No 25b No 26 No 27 No 28a No Is the organization aware that it engaged in an excess benefit transaction With a disqualified person in a prior year, and that the transaction has not been reported on any ofthe organization's prior Forms 990 or 990-EZ? If "Yes," complete Schedule L, Part I 26 Did the organization report any amount on Part X, line 5, 6, or 22 for receivables from or payables to any current orformerofficers,directors,trustees, key employees, highest compensated employees,or disqualified persons? If "Yes," complete Schedule L, Part II 27 Did the organization prOVIde a grant or other a55istance to an officer, director, trustee, key employee, substantial contributor or employee thereof, a grant selection committee member, or to a 35% controlled entity or family member ofany of these persons? If "Yes," complete Schedule L, Part III 28 Was the organization a party to a busmess transaction With one ofthe followmg parties (see Schedule L, Part IV instructions for applicable filing thresholds, conditions, and exceptions) A current or former officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part IV A family member ofa current orformer officer, director, trustee, or key employee? If "Yes," complete Schedule L, Part I V . N 28b An entity of which a current or former officer, director, trustee, or key employee (or a family member thereof) was an officer, director, trustee, or direct or indirect owner? If "Yes," complete Schedule L, Part IV . 29 30 Did the organization receive more than $25,000 in non-cash contributions? If "Yes,"complete Schedu/eM . .E 0 N 28C 29 0 Yes Did the organization receive contributions ofart, historical treasures, or other Similar assets, or qualified conservation contributions? If "Yes," complete Schedu/eM 31 Did the organization liqUIdate, terminate, or dissolve and cease operations? If "Yes," complete Schedule N, Part I 32 Did the organization sell, exchange, dispose of, or transfer more than 25% of its net assets? If "Yes," complete Schedule N, Part II 33 Did the organization own 100% ofan entity disregarded as separate from the organization under Regulations 34 Was the organization related to any tax-exempt or taxable entity? If "Yes,"complete Schedule R, Part II, III, orIV, sections 301 7701-2 and 301 7701-3? If "Yes,"complete Schedule R, PartI N 30 0 No 31 N 32 0 N 33 0 Yes and Part V, lIne 1 35a 34 Did the organization have a controlled entity Within the meaning ofsection 512(b)(13)? 35a Yes IfiYes'to line 35a, did the organization receive any payment from or engage in any transaction With a controlled 35b Y entity Within the meaning ofsection 512(b)(13)? If "Yes," complete Schedule R, Part V, lIne2 36 organization? If "Yes," complete Schedule R, Part V, lIne 2 37 38 es Section 501(c)(3) organizations. Did the organization make any transfers to an exempt non-charitable related N 35 0 Did the organization conduct more than 5% of its actiVities through an entity that is not a related organization N and that is treated as a partnership for federal income tax purposes? If "Yes,"complete Schedule R, Part VI 37 Did the organization complete Schedule 0 and prOVIde explanations in Schedule 0 for Part VI, lines 11b and 19? Note. All Form 990 filers are reqUIred to complete Schedule 0 38 0 Y es Form 990(2014) Form 990 (2014) Page5 Statements Regarding Other IRS Filings and Tax Compliance Check IfSchedule O contaIns a response or note to any IIne In thIs PartV . . . . . . . . . . . . Yes 1a Enterthe number reported In Box 3 of Form 1096 Enter -0- If not applIcable . . 1a 52 1b 0 b Enterthe number of Forms W-ZG Included In IIne 1a Enter-0- If not applIcable c DId the organIzatIon comply WIth backup WIthholdIng rules for reportable payments to vendors and reportable gamIng(gamblIng)WInnIngstoprIzeWInners? . . . . . . . . . . . . . . . . . . 2a 3a b .I_ No Yes Enterthe number ofemployees reported on Form W-3, TransmIttal ofWage and Tax Statements, fIIed forthe calendar year endIng WIth or WIthIn the year covered bythIsreturn.................. b 1C . 2a 0 Ifat least one Is reported on IIne 2a, dId the organIzatIon fIle all reqUIred federal employment tax returns? Note. Ifthe sum oflInes 1a and 2a Is greaterthan 250, you may be reqUIred to e-fIle (see InstructIons) DId the organIzatIon have unrelated busmess gross Income of$1,000 or more durIng the year? . . 2b . If"Yes," has It fIIed a Form 990-T forthIs year? If "No"to/Ine 3b, prowde an explanation In Schedule 0 . . . 3a Yes 3b Yes 4a At any tIme durIng the calendar year, dId the organIzatIon have an Interest In, or a SIgnature or other authorIty over, a fInanCIal account In a foreIgn country (such as a bank account, securItIes account, or otherfInanCIal account)?.......................... I, 4a NO 5a No 5b No If"Yes," enterthe name ofthe foreIgn country hSee InstructIons forfIlIng reqUIrements for FInCEN Form 114, Report of ForeIgn Bank and FInanCIal Accounts (FBAR) 5a Was the organIzatIon a party to a prothIted tax shelter transactIon at any tIme durIng the tax year? . . b DId any taxable party notIfy the organIzatIon that It was or Is a party to a prothIted tax sheltertransactlon? c If"Yes," to IIne 5a or 5b, dId the organIzatIon fIle Form 8886-T? 5c 6a b Does the organIzatIon have annual gross receIpts that are normally greaterthan $100,000, and dId the organIzatIon solICIt any contrIbutIons that were not tax deducthle as charItable contrIbutIons? Ga If"Yes," dId the organIzatIon Include WIth every solICItatIon an express statement that such contrIbutIons or ngts werenottaxdeductlble?........................ 7 6b Organizations that may receive deductible contributions under section 170(c). a DId the organIzatIon recere a payment In excess of$75 made partly as a contrIbutIon and partly for goods and serVIces prOVIded to the payor? 7a b If"Yes," dId the organIzatIon notIfy the donor ofthe value ofthe goods or serVIces prOVIded? 7b c . . . . . e No DId the organIzatIon sell, exchange, or otherWIse dIspose oftangIble personal property for thch It was reqUIred to fIleForm8282'P...........................7C d No If"Yes," IndIcate the number of Forms 8282 fIIed durIng the year . . . . I 7d N0 I DId the organIzatIon recere any funds, dIrectly or IndIrectly, to pay prequms on a personal benefIt contract'P............................7e f DId the organIzatIon, durIng the year, pay prequms, dIrectly or IndIrectly, on a personal benefIt contract? . . 9 Ifthe organIzatIon recered a contrIbutIon ofqualIerd Intellectual property, dId the organIzatIon fIle Form 8899 as 7f requwed'P............................79 h Ifthe organIzatIon recered a contrIbutIon ofcars, boats, aIrplanes, or other vehIcles, dId the organIzatIon fIle a Form1098-C'P.......................... 8 9a b 10 Sponsoring organizations maintaining donor advised funds. DId a donor adVIsed fund maIntaIned by the sponsorIng organIzatIon have excess busmess holdIngs at any tIme durIngtheyear'P......................... DId the sponsorIng organIzatIon make any taxable dIstrIbutIons undersectIon 4966? . . . 7h 8 9a DId the sponsorIng organIzatIon makeadIstrIbutIon toadonor,donoradVIsor,orrelated person? . . . 9b Section 501(c)(7) organizations. Enter InItIatIon fees and capItalcontrIbutIonsIncluded on PartVIII,lIne 12 . . . 10a Gross receIpts, Included on Form 990, Part VIII, IIne 12, for publIc use ofclub 10b faCIlItIes 11 Section 501(c)(12) organizations. Enter a Gross Income from members orshareholders . . . . . . . . . 11a Gross Income from other sources (Do not net amounts due or paId to other sources agaInstamounts due orrecered from them) . . . . . . . . . . 12a b 13 a 11b Section 4947(a)(1) non-exempt charitable trusts. Is the organIzatIon fIlIng Form 990 In lIeu of Form 1041? If "Yes," enter the amount of tax-exempt Interest recered or accrued durIng the year 12a 12b Section 501(c)(29) qualified nonprofit health insurance issuers. Is the organIzatIon lIcensed to Issue qualIerd health plans In more than one state? Note. See the InstructIons for addItIonal InformatIon the organIzatIon must report on Schedule 0 b c 14a b 13a Enterthe amount of reserves the organIzatIon Is reqUIred to maIntaIn by the states In thch the organIzatIon Is lIcensed to Issue qualIerd health plans . . . . 13b Enterthe amount of reserves on hand . . . . 13c . . . . . . . . DId the organIzatIon recere any payments for IndoortannIng serVIces durIng the tax year? . . . If "Yes," has It fIIed a Form 720 to report these payments? If "No,"prov1de an explanation In Schedule 0 . . 14a . . 14b No Form 990(2014) Form 990 (2014) m Page6 Governance, Management, and Disclosure For each "Yes" response to lines 2 through 7b below, and for a "No" response to lines 8a, 8b, or 10b below, describe the circumstances, processes, or changes in Schedule 0. See instructions. Check IfSchedule O contaIns a response or note to any IIne In thIs Part VI . . . . . . . . . . . . . .I7 Section A. Governing Body and Management Yes 1a Enterthe number ofvotIng members of the governIng body at the end of the tax 1a 8 Independent...................1b 7 No year Ifthere are materIal dIfferences In votIng rIghts among members of the governIng body, or If the governIng body delegated broad authorIty to an executIve commIttee or SImIlarcommIttee, explaIn In Schedule 0 Enterthe number ofvotIng members Included In IIne 1a, above, who are DId any offIcer, dIrector, trustee, or key employee have a famIly relatIonshIp or a busmess relatIonshIp WIth any other offIcer, dIrector, trustee, or key employee? . . . . . . . . . . . . . . . . . DId the organIzatIon delegate control over management dutIes customarIly performed by or underthe dIrect superVISIon of offIcers, dIrectors ortrustees, or key employees to a management company or other person? 2 N0 3 No 4 N0 5 No 6 No 7a No 7b No DId the organIzatIon make any SIgnIfIcant changes to Its governIng documents SInce the prIor Form 990 was fIled?........................... DId the organIzatIon become aware durIng the year ofa SIgnIfIcant dIverSIon ofthe organIzatIon's assets? DId the organIzatIon have members or stockholders? 7a . . . . . . . . . . . . . . . . . DId the organIzatIon have members, stockholders, or other persons who had the powerto elect or app0Int one or more members ofthe governIng body? . . . . . . . . . . . . . . . . . . . . Are any governance deCISIons of the organIzatIon reserved to (or subject to approval by) members, stockholders, or persons otherthan the governIng body? DId the organIzatIon contemporaneously document the meetIngs held or ertten actIons undertaken durIng the year by the followmg ThegovernIngbody?.........................8aYes Each commIttee WIth authorIty to act on behalfofthe governIng body? 9 . . . . . . . . . . . . 8b Is there any offIcer, dIrector, trustee, or key employee IIsted In Part VII, SectIon A, who cannot be reached at the organIzatIon's maIIIng address? If "Yes,''prowde the names and addresses In Schedule 0 . . . Yes 9 N0 Section B. Policies (This Section B requests information about policies not required by the Internal Revenue Code.) Yes 10a DId the organIzatIon have local chapters, branches, or affIIIates? . . . . . . . . . . . . 10a No No b If"Yes," dId the organIzatIon have ertten poIICIes and procedures governIng the actIVItIes ofsuch chapters, affIIIates, and branches to ensure theIr operatIons are conSIstent WIth the organIzatIon's exempt purposes? 11a 10b Has the organIzatIon prOVIded a complete copy ofthIs Form 990 to all members ofIts governIng body before fIlIng theform?............................11aYes DescrIbe In Schedule 0 the process, Ifany, used by the organIzatIon to reVIew thIs Form 990 12a DId the organIzatIon have a ertten conflIct of Interest polIcy? If "No,"go to [me 13 . . . . . . . 12a Yes 12b Yes 12C Yes Were offIcers, dIrectors, or trustees, and key employees reqUIred to dIsclose annually Interests that could gIve rIsetoconflIcts?.......................... DId the organIzatIon regularly and conSIstently monItor and enforce complIance WIth the polIcy? If "Yes,"descrIbe InSchedu/eOhowthIs wasdone . . . . . . . . . . . . . . . . . . . . . . . 13 DId the organIzatIon have a ertten thstleblowerpolIcy? 14 DId the organIzatIon have a ertten document retentIon and destructIon polIcy? 15 DId the process for determInIng compensatIon ofthe followmg persons Include a reVIew and approval by Independent persons, comparabIlIty data, and contemporaneous substantIatIon of the delIberatIon and deCISIon? . . . . . The organIzatIon's CEO, ExecutIve DIrector, ortop management offICIal Other offIcers or key employees ofthe organIzatIon . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 13 Yes 14 Yes 15a Yes 15b Yes If"Yes" to IIne 15a or 15b, descrIbe the process In Schedule 0 (see InstructIons) 16a DId the organIzatIon Invest In, contrIbute assets to, or partICIpate In a JOInt venture or SImIlar arrangement WIth a taxable entIty durIng the year? . . . . . . . . . . . . . . . . . . . . . . If "Yes," dId the organIzatIon follow a ertten polIcy or procedure reqUIrIng the organIzatIon to evaluate Its partICIpatIon In JOInt venture arrangements under applIcable federal tax law, and take steps to safeguard the organIzatIon's exempt status WIth respect to such arrangements? . . . . . . . . . . . . 16a N0 16b Section C. Disclosure 17 LIst the States WIth thch a copy of thIs Form 990 Is reqUIred to be fIleth-IL 18 SectIon 6104 reqUIres an organIzatIon to make Its Form 1023 (or 1024 IfapplIcable), 990, and 990-T (501(c) (3)s only) avaIlable for publIc InspectIon IndIcate how you made these avaIlable Check all that apply I- Own webSIte I7 Another's webSIte I7 Upon request I- Other (explaIn In Schedule 0) 19 DescrIbe In Schedule 0 whether (and Ifso, how) the organIzatIon made Its governIng documents, conflIct of Interest polIcy, and fInanCIal statements avaIlable to the publIc durIng the tax year 20 State the name, address, and telephone number of the person who possesses the organIzatIon's books and records h-JOHN TILLMAN 190 S LASALLE STREET 1500 CHICAGO,IL 60603 (312)346-5700 Form 990(2014) Form 990 (2014) m Page7 Compensation of Officers, Directors,Trustees, Key Employees, Highest Compensated Employees, and Independent Contractors Check IfSchedule O contaIns a response or note to any IIne In thIs Part VII . . . . . . . . . . . . . .I7 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees 1a Complete thIs table for all persons reqUIred to be IIsted Report compensatlon for the calendar year endIng WIth or WIthIn the organIzatIon's tax year I LIst all of the organIzatIon's current offIcers, dIrectors, trustees (whether IndIVIduaIs or organIzatIons), regardless ofamount ofcompensatlon Enter-0- In columns (D), (E), and (F) If no compensatlon was paId I LIst all of the organIzatIon's current key employees, Ifany See InstructIons for defInItIon of "key employee" I LIst the organIzatIon's fIve current hIghest compensated employees (other than an offIcer, dIrector, trustee or key employee) who recered reportable compensatlon (Box 5 of Form W-2 and/or Box 7 of Form 1099-MISC) of more than $100,000 from the organIzatIon and any related organIzatIons I LIst all of the organIzatIon's former offIcers, key employees, or hIghest compensated employees who recered more than $100,000 of reportable compensatlon from the organIzatIon and any related organIzatIons I LIst all of the organIzatIon's former directors or trustees that recered, In the capaCIty as a former dIrector or trustee of the organIzatIon, more than $10,000 of reportable compensatlon from the organIzatIon and any related organIzatIons LIst persons In the followmg order IndIVIduaI trustees or dIrectors, InstItutIonal trustees, offIcers, key employees, hIghest compensated employees, and former such persons I- Check thIs box If neIther the organIzatIon nor any related organIzatIon compensated any current offIcer, dIrector, or trustee (A) Name and TItIe (B) Average hours per week (IIst any hours for related organIzatIons below dotted IIne) (C) (D) (E) (F) POSItIon (do not check more than one box, unless person Is both an offIcer and a dIrector/trustee) 5, 3 _ g I run I -n '* a. =I _ 3 3.55 9 Q- _g n .1; D. 3 E 2! _ a n ItC, l'[.l 2 E'il g I; 5" 3 E H- "= Reportable compensatlon from the organIzatIon (W- 2/1099MISC) Reportable compensatlon from related organIzatIons (W- 2/1099MISC) EstImated amount of other compensatlon from the organIzatIon and related organIzatIons 5' E E E '1 H, E 3 D E _ I13 In D 3 EI11 rE "I 3a '1' '1* i=3. I'D I1 (1) JOHN TILLMAN 23 00 ............................................................................................... CEO, BOARD DIRECTOR 17 00 X (2) STEVE BROWN 1 00 ............................................................................................... TREASURER AND SECRETARY X 0 258,530 33,884 X 0 0 0 (3) BETH CHRISTIE 1 00 ............................................................................................... BOARD DIRECTOR X 0 0 0 (4) RICHARD T WEISS 1 00 ............................................................................................... BOARD DIRECTOR X 0 0 0 (5) MARK MILLER 1 00 ............................................................................................... BOARD DIRECTOR X 0 0 0 (6) ED BACHRACH 1 00 ............................................................................................... BOARD DIRECTOR X 0 0 0 (7) CRAIG MANSKE 1 00 ............................................................................................... BOARD DIRECTOR X 0 0 0 (8) ART MARGULIS 1 00 ............................................................................................... BOARD DIRECTOR X 0 0 0 (9) KRISTINA RASMUSSEN 24 00 ............................................................................................... EXECUTIVE VICE PRESIDENT 16 00 X 0 157,778 30,509 (10) THADDEUS DABROWSKI 3O 00 ............................................................................................... VICE PRESIDENT-POLICY 10 00 X 0 122,601 29,813 (11) JONATHAN GREENBERG 27 00 ............................................................................................... VICE PRESIDENT-EXTERNAL RELATIONS 13 00 X 0 108,607 13,594 Form 990 (2014) Form 990 (2014) m Page8 Section A. Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees (continued) (A) (B) (C) (D) (E) (F) Name and TItIe Average hours per week (Ilst any hours POSItIon (do not check more than one box, unless person IS both an offlcer and a dIrector/trustee) Reportable compensatlon from the organlzatlon (W- Reportable compensatlon from related organlzatlons (W- Estlmated amount of other compensatlon from the 2/1099-MISC) 2/1099-MISC) organlzatlon and related for related organlzatlons below dotted IIne) 1b c 2 0 3 a g = E'- _ =I g I _ 3 run I 3g -n 9 E E .1; %$ 3 3 I1 = - 3 u.- a;- II- E 5' 2 T E d E E '= E 3 an Hm D 3 II; _F % E m E II- E; a E E.1 Sub-Total F Total from continuation sheets to Part VII, Section A F Total (add lines 1b and 1c) F organlzatlons 0 647,516 107,800 Total number of IndIVIduaIs (Includlng but not IImIted to those Ilsted above) who recelved more than $100,000 of reportable compensatlon from the organlzatlonhI-O Yes 3 DId the organlzatlon IIst any former offlcer, dIrector ortrustee, key employee, or hlghest compensated employee on IIne 1a? If "Yes," complete Schedu/leor such Ind/Vldua/ 4 3 No For any IndIVIduaI Ilsted on IIne 1a, IS the sum of reportable compensatlon and other compensatlon from the organlzatlon and related organlzatlons greaterthan $150,000? If "Yes," complete Schedu/leorsuch Ind/Vldua/ 5 No 4 Yes DId any person Ilsted on IIne 1a recelve or accrue compensatlon from any unrelated organlzatlon or IndIVIduaI for serVIces rendered to the organlzatlon? If "Yes," complete Schedu/leor such person 5 No Section B. Independent Contractors 1 Complete thls table for yourflve hlghest compensated Independent contractors that recelved more than $100,000 of compensatlon from the organlzatlon Report compensatlon for the calendar year endlng WIth or WIthIn the organlzatlon's tax year ENGAGE (A) (B) (C) Name and busmess address Descrlptlon of serVIces Compensatlon DIGITAL SERVICES 116,560 814 KING STREET SUITE 400 ALEXANDRIA, VA 22314 2 Total number oflndependent contractors (Includlng but not IImIted to those Ilsted above) who recelved more than $100,000 ofcompensatlon from the organlzatlon F1 Form 990 (2014) Form 990 (2014) m Page9 Statement of Revenue CheckifScheduleO contains a response or note to any lineinthis PartVIII 1a Federated campaigns . . b Membership dues . . . ED 3 c Fundraismg events . __ E L'.'I = d Related organizations H? E e Government grants (contributions) 1e f All other contributions, gifts, grants, and 1f 3= 5= El i. . . . . . .I_ (A) (B) (C) (D) Total revenue Related or Unrelated Revenue exempt busmess excluded from function revenue revenue tax under sections 512-514 1a . 1b a . . . . . . 1c 1d = as _E ._ 15 .11 3,528,656 Similar amounts not included above 5 E F 3 D 9 Noncash 1a_1f $ contributions included in lines g 1 = U in h Total.Add lines 1a-1f 128,668 3 , 528 , 656 Ir 2 Busmess Code 3" 2a 5a35 b up u c E d .- e 5 a f All other program serVIce revenue g Total. Add lines 2a-2f h- Investment income (including diVidends, interest, and otherSImilar amounts) F G E 3 Income from investment of tax-exempt bond proceeds 5 Royalties 6a Gross rents _ _ 163 II- F (i) Real b 163 (ii) Personal Less rental expenses c Rental income or(loss) d Net rental income or (loss) p. (i) Securities 7a Gross amount b assets other than inventory Less cost or from saleS of (ii) Other 153,274 other baSiS and 153,868 saleS expenses Gain or (loss) -594 Net gain or(loss) 8a -h- 3 Gross income from fundraismg events (not including 5 $ _ z;- -594 -594 ofcontributions reported on line 1c) '31? II I_ i1? See PartIV,line 18 a 5 b Less 0 c Net income or (loss) from fundraismg events 9a direct expenses . . . b . . p. Gross income from gaming actiVities See Part IV, line 19 a b c 10a Less direct expenses . . . b Net income or (loss) from gaming actiVities . . .p. Gross sales ofinventory, less returns and allowances a b Less c Net income or (loss) from sales ofinventory cost ofgoods sold . . Miscellaneous Revenue 11a MISCELLANEOUS b . . p. Busmess Code 900099 6,850 6,850 b c d All other revenue e Total.Addlines 11a-11d b6,850 12 Total revenue. See Instructions p. 3,535,075 -594 0 7,013 Form 990 (2014) Form 990 (2014) Page 10 m Statement of Functional Expenses Section 501(c)(3) and 501(c)(4) organizations must complete all columns All other organizations must complete column (A) CheckifScheduleO containsa response or note to anyline in this PartIX Do not include amounts reported on lines 6b, 7b! 8b! 9b! and 10b 0f Part VIII' 1 Grants and other a55istance to domestic organizations and domestic governments See Part IV, line 21 2 . . . . . . .I7 (A) Prografrlialemce Manage(r$1)ent and Funggzsmg Total expenses expenses general expenses expenses 37,000 37,000 1,662,751 1,397,066 101,606 164,079 Grants and other a55istance to domestic indiViduals See Part IV, line 22 3 Grants and other a55istance to foreign organizations, foreign governments, and foreign indiViduals See Part IV, lines 15 and 16 Benefits paid to or for members 5 Compensation ofcurrent officers, directors, trustees, and key employees 6 Compensation not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B) . 7 Other salaries and wages 8 Pen5ion plan accruals and contributions (include section 401(k) and 403(b) employer contributions) 9 Other employee benefits 185,181 161,860 7,724 15,597 10 Payroll taxes 119,235 100,754 7,103 11,378 11 Fees for serVIces (non-employees) 22,153 a Management b Legal 27,404 c Accounting 16,305 d Lobbying e Professmnal fundraismg serVIces See Part IV, line 17 f Investment management fees 9 Other (Ifline 11g amount exceeds 10% ofline 25, column (A) amount, list line 1 1g expenses on Schedule O) 12 Advertismg and promotion 13 Office expenses 14 Information technology 15 Royalties 16 Occupancy 17 Travel 18 Payments of travel or entertainment expenses for any federal, state, or local public offICIals 19 Conferences, conventions, and meetings 20 Interest 21 Payments to affiliates 22 DepreCIation, depletion, and amortization 23 Insurance 24 Other expenses Itemize expenses not covered above (List miscellaneous expenses in line 24e Ifline 24e amount exceeds 10% ofline 25, column (A) amount, list line 24e expenses on Schedule O) a 5,251 16,305 665,762 586,869 6,188 72,705 119,358 64,558 37,180 17,620 17,536 15,346 816 1,374 114,669 107,444 354 6,871 16,755 16,052 703 5,471 5,471 15,285 15,285 MARKETING 148,977 72,631 b SOCIAL MEDIA 143,233 143,233 c WEBSITE 134,768 94,768 40,000 d EVENTS 132,161 128,833 3,328 e All other expenses 294,178 263,916 9,862 20,400 3,856,029 3,212,483 207,894 435,652 25 Total functional expenses. Add lines 1 through 24e 26 Joint costs. Complete this line only if the organization reported in column (B)JOInt costs from a combined educational campaign and fundraismg SOIICItation Check here h- ]- iffollowmg SOP 98-2 (ASC 958-720) 76,346 Form 990 (2014) Form 990 (2014) Page 11 m Balance Sheet Check ifSchedule 0 contains a response or note to any line In this Part X . . .l_ (A) (B) Beginning ofyear End ofyear 1 Cash-non-interest-bearing 2 SaVIngs and temporary cash Investments 731,818 1 29,673 2 3 Pledges and grants receivable, net 3 4 Accounts receivable, net 4 5 Loans and other receivables from current and former officers, directors, trustees, key 428,921 employees, and highest compensated employees Complete Part II of Schedule L 5 6 Loans and other receivables from other disqualified persons (as defined under section 4958(f)(1)), persons described in section 4958(c)(3)(B), and contributing employers and sponsoring organizations ofsection 501(c)(9) voluntary employees' benefICIary organizations (see instructions) Complete Part II ofSchedule L if.- '5 6 $ 7 Notes and loans receivable, net 7 d 8 Inventories forsale or use 8 9 Prepaid expenses and deferred charges 9 10a b Land, bquings, and eqUIpment cost or other ba5is Complete Part VI ofSchedule D 10a 37540 Less 10b 26,053 accumulated depreCIation . . . . . 9,336 10c 11 Investments-publicly traded securities 11 12 Investments-other securities See Part IV, line 11 12 13 Investments-program-related See Part IV, line 11 13 14 Intangible assets 14 15 Other assets See Part IV, line 11 16 Total assets. Add lines 1 through 15 (must equal line 34) 17 Accounts payable and accrued expenses 17 18 Grants payable 18 19 Deferred revenue 19 14,075 15 23,440 784,902 16 463,948 20 Tax-exempt bond liabilities 20 ,4... 21 Escrow or custodial account liability Complete Part IV ofSchedule D 21 E = 22 Loans and other payables to current and former officers, directors, trustees, key employees, highest compensated employees, and disqualified persons Complete Part II ofSchedule L 22 23 Secured mortgages and notes payable to unrelated third parties 23 24 Unsecured notes and loans payable to unrelated third parties 24 25 Other liabilities (including federal income tax, payables to related third parties, and other liabilities not included on lines 17-24) Complete Part X ofSchedule 26 Total liabilities. Add lines 17 through 25 1% E D m Organizations that follow SFAS 117 (ASC 958), check here h- ]7 and complete 3 lines 27 through 29, and lines 33 and 34. E 27 Unrestricted net assets E 28 Temporarily restricted net assets E 29 Permanently restricted net assets If Organizations that do not follow SFAS 117 (ASC 958), check here h- ]- and 3 complete lines 30 through 34. 11,587 25 0 26 0 696,655 27 462,448 88,247 28 1.500 29 3 30 Capital stock ortrust prinCIpal, or current funds 30 E 31 Paid-in or capital surplus,orland, bUIIdlng oreqUIpment fund 31 E 32 Retained earnings, endowment, accumulated income, or otherfunds E 33 Total net assets or fund balances 784,902 33 463,948 2 34 Total liabilities and net assets/fund balances 784,902 34 463,948 32 Form 990 (2014) Form 990 (2014) m Page 12 Reconcilliation of Net Assets Check IfSchedule 0 contains a response or note to any lIne In thIs Part XI 1 . I- Total revenue (must equal Part VIII, column (A), lIne 12) 2 Total expenses (must equal Part IX, column (A), lIne 25) 3 Revenue less expenses Subtract lIne 2 from lIne 1 4 Net assets orfund balances at begInnIng ofyear (must equal Part X, lIne 33, column (A)) 5 Net unrealIzed gaIns (losses) on Investments 6 Donated serVIces and use offaCIlItIes 1 3,535,075 2 3,856,029 3 -320,954 4 784,902 5 6 7 Investment expenses 7 8 PrIor perIod adjustments 8 9 Other changes In net assets orfund balances (explaIn In Schedule 0) 9 10 Net assets orfund balances at end ofyear CombIne lInes 3 through 9 (must equal Part X, lIne 33, column (B)) 0 10 463,948 Financial Statements and Reporting Check IfSchedule O contaIns a response or note to any lIne In thIs Part XII . Yes 1 I7 No MODIFIED AccountIng method used to prepare the Form 990 I- Cash I- Accrual I7OtherCASH Ifthe organIzatIon changed Its method ofaccountIng from a prIor year or checked "Other," explaIn In Schedule 0 2a Were the organIzatIon's fInanCIal statements comleed or reVIewed by an Independent accountant? 2a No Ilees/check a box below to IndIcate whetherthe fInanCIal statements forthe year were comleed or reVIewed on a separate baSlS, consolIdated baSlS, or both I- Separate baSlS b I- ConsolIdated baSlS I- Both consolIdated and separate baSlS Were the organIzatIon's fInanCIal statements audIted by an Independent accountant? 2b Yes Ilees/check a box below to IndIcate whetherthe fInanCIal statements forthe year were audIted on a separate baSlS, consolIdated baSlS, or both I- Separate baSlS c I- ConsolIdated baSlS I7 Both consolIdated and separate baSlS If"Yes," to lIne 2a or 2b, does the organIzatIon have a commIttee that assumes responSIbIlIty for overSIght ofthe audIt, reVIew, or comleatIon ofIts fInanCIal statements and selectIon ofan Independent accountant? 2C N0 SIngle AudItActand OMB CIrcularA-133? 3a N0 If"Yes," dId the organIzatIon undergo the reqUIred audIt or audIts? Ifthe organIzatIon dId not undergo the reqUIred audIt or audIts, explaIn why In Schedule 0 and descrIbe any steps taken to undergo such audIts 3b Ifthe organIzatIon changed eIther Its overSIght process or selectIon process durIng the tax year, explaIn In Schedule 0 3a As a result ofa federal award, was the organIzatIon reqUIred to undergo an audIt or audIts as set forth In the b Form 990(2014) Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l DLN; 93493306009865I 0 MB No 1545-0047 SCHEDULE A Public Charity Status and Public Support _ (Form 990 0r 990EZ) Complete if the organization is a section 501(c)(3) organization or a section 4947(a)(1) 20 1 4 nonexempt charitable trust. Department of the Treasury Internal Revenue SeNice F Attach to Form 990 or Form 990-EZ. Open to Public F Information about Schedule A (Form 990 or 990-EZ) and its instructions is at www.irs.gov (form990. Name of the organization . Employer identification number ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN 41-2057028 m Reason for Public Charity Status (All organizations must complete this part.) See instructions. The organization is not a private foundation because it is 1 I- (For lines 1 through 11, check only one box) A church, convention ofchurches, or assomation ofchurches described in section 170(b)(1)(A)(i). 2 I- A school described in section 170(b)(1)(A)(ii). (Attach Schedule E ) 3 I- A hospital or a cooperative hospital serVIce organization described in section 170(b)(1)(A)(iii). 4 I- A medical research organization operated in conjunction With a hospital described in section 170(b)(1)(A)(iii). Enterthe 5 I- hospital's name, City, and state An organization operated forthe benefit ofa college or univerSIty owned or operated by a governmental unit described in 6 I- A federal, state, or local government or governmental unit described in section 170(b)(1)(A)(v). 7 I7 8 I- An organization that normally receives a substantial part ofits support from a governmental unit orfrom the general public described in section 170(b)(1)(A)(vi). (Complete Part II ) A community trust described in section 170(b)(1)(A)(vi) (Complete Part II ) 9 I- An organization that normally receives section 170(b)(1)(A)(iv). (Complete Part II ) (1) more than 331/3% of its support from contributions, membership fees, and gross receipts from actiVities related to its exempt functions-subject to certain exceptions, and (2) no more than 331/3% of its support from gross investment income and unrelated busmess taxable income (less section 511 tax) from busmesses achIred by the organization afterJune 30, 1975 See section 509(a)(2). (Complete Part III) 10 I- An organization organized and operated excluswely to test for public safety See section 509(a)(4). 11 I- a I- b I- c I- d I- e I- An organization organized and operated excluswely forthe benefit of, to perform the functions of, or to carry out the purposes of one or more publicly supported organizations described in section 509(a)(1)or section 509(a)(2) See section 509(a)(3). Check the box in lines 11a through 11d that describes the type ofsupporting organization and complete lines 11e, 11f, and 119 Type I. A supporting organization operated, superVIsed, or controlled by its supported organization(s), typically by giVing the supported organization(s) the powerto regularly appomt or elect a majority of the directors ortrustees of the supporting organization You must complete Part IV, Sections A and B. Type II. A supporting organization superVIsed or controlled in connection With its supported organization(s), by havmg control or management of the supporting organization vested in the same persons that control or manage the supported organization(s) You must complete Part IV, Sections A and C. Type III functionally integrated. A supporting organization operated in connection With, and functionally integrated With, its supported organization(s) (see instructions) You must complete Part IV, Sections A, D, and E. Type III non-functionally integrated. A supporting organization operated in connection With its supported organization(s) that is not functionally integrated The organization generally must satisfy a distribution reqUIrement and an attentiveness reqUIrement (see instructions) You must complete Part IV, Sections A and D, and Part V. Check this box ifthe organization received a written determination from the IRS that it is a Type I, Type II, Type III functionally integrated, orType III non-functionally integrated supporting organization Enterthe number ofsupported organizations g . . . . . . . . PrOVIde the followmg information about the supported organization(s) (i)Name ofsupported organization (ii) EIN (iii) Type of (iv) Is the organization (v) Amount of (vi) Amount of organization (described on lines listed in your governing document? monetary support (see instructions) other support (see instructions) 1- 9 above orIRC section (see instructions)) Yes No Total For Paperwork Reduction Act Notice, see the Instructions for Form 990 or 990EZ. Cat N0 11285F ScheduleA(Form 990 or 990-EZ)2014 Schedule A (Form 990 or 990-EZ) 2014 Page 2 m Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (Complete only if you checked the box on line 5, 7, or 8 of PartI or if the organization failed to qualify under Part III. If the organization fails to qualify under the tests listed below, please complete Part III.) Section A. Public Support Calendar year (or fiscal year beginning (a)2010 (b)2011 (c)2012 (d)2013 (e)2014 (f) Total in)!k Gifts, grants, contributions, and membership fees received (Do not include any "unusual grants") Tax revenues leVIed forthe organization's benefit and either paid to or expended on its behalf The value ofserVIces orfaCIlities furnished by a governmental unit to the organization Without charge 1 Total.Add lines 1 through 3 1,774,895 2,855,925 3,685,228 3,416,717 3,528,656 15,261,421 1,774,895 2,855,925 3,685,228 3,416,717 3,528,656 15,261,421 The portion of total contributions by each person (otherthan a governmental unit or publicly supported organization) included on line 1 that exceeds 2% of the amount shown on line 11, column 6,509,145 (f) 6 Public support. Subtract line 5 from line 4 8,752,276 Section B. Total Support Calendar year (or fiscal year (a)2010 (b)2011 (c)2012 (d)2013 (e)2014 (f) Total beginning in) It 7 8 Amounts from line 4 Gross income from interest, diVidends, payments received on securities loans, rents, royalties and income from Similar 1,774,895 2,855,925 3,685,228 3,416,717 3,528,656 15,261,421 21 1,996 6,089 5,506 -431 13,181 1,625 1,983 6,850 15,163 sources 10 Net income from unrelated busmess actiVities, whether or not the busmess is regularly carried on Other income Do not include gain or loss from the sale of capital assets (Explain in Part 4,474 VI ) Total support Add lines 7 through 11 15,289,765 10 l12l 12 Gross receipts from related actiVities, etc (see instructions) 13 First five years. Ifthe Form 990 is forthe organization's first, second, third, fourth, orfifth tax year as a section 501(c)(3) organization, check this box and stop here . 37A64 .i-i- Section C. Computation of Public Support Percentage 14 Public support percentage for 2014 (line 6, column (f) diVided by line 11, column (f)) 14 57 240 % 15 Public support percentage for 2013 Schedule A, Part II, line 14 15 55 710 % 16a 33 1/30/o support test-2014. Ifthe organization did not check the box on line 13, and line 14 is 33 1/3% or more, check this box and stop here. The organization qualifies as a publicly supported organization 33 1/30/o support test-2013. Ifthe organization did not check a box on line 13 or 16a, and line 15 is 33 1/3% or more, check this box and stop here.The organization qualifies as a publicly supported organization 100/o-facts-and-circumstanoes test-2014. Ifthe organization did not check a box on line 13, 16a, or 16b, and line 14 is 10% or more, and if the organization meets the "facts-and-CIrcumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-CIrcumstances" test The organization qualifies as a publicly supported organization 100/o-facts-and-circumstanoes test-2013. Ifthe organization did not check a box on line 13, 16a, 16b, or 17a, and line 15 is 10% or more, and ifthe organization meets the "facts-and-Circumstances" test, check this box and stop here. Explain in Part VI how the organization meets the "facts-and-CIrcumstances" test The organization qualifies as a publicly supported organization Private foundation. Ifthe organization did not check a box on line 13, 16a, 16b, 17a, or 17b, check this box and see instructions H7 H- 17a 18 HPIPI- Schedule A (Form 990 or 990-EZ) 2014 ScheduleA (Form 990 or990-EZ)2014 Page3 m Support Schedule for Organizations Described in Section 509(a)(2) (Complete only If you checked the box on IIne 9 of PartI or If the organIzatIon faIled to qualIfy under Part II. If the organIzatIon faIls to qualIfy under the tests lIsted below, please complete Part II.) Section A. Public Support Calendar year (or fiscal year beginning in)! (a)2010 (b)2011 (c)2012 (d)2013 (e)2014 (f)Total (d)2013 (e)2014 (f)Total GIfts, grants, contrIbutIons, and membershIp fees recered (Do not Include any "unusual grants ") Gross receIpts from admISSIons, merchandIse sold or serVIces performed, orfaCIlItIes furnIshed In any actIVIty that Is related to the organIzatIon's tax-exempt 1 purpose Gross receIpts from actIVItIes that are not an unrelated trade or busmess under sectIon 513 Tax revenues leVIed forthe organIzatIon's benefIt and eIther paId to or expended on Its behalf The value ofserVIces or faCIlItIes furnIshed by a governmental unIt to the organIzatIon WIthout charge Total.Add IInes 1 through 5 7a Amounts Included on IInes 1, 2, and 3 recered from dIsqualIerd persons Amounts Included on IInes 2 and 3 recered from otherthan dIsqualIerd persons that exceed the greater of$5,000 or 1% ofthe amount on IIne 13 forthe year c Add IInes 7a and 7b 8 Public support (Subtract IIne 7c from IIne 6 ) Section B. Total Support Calendar year (or fiscal year beginning in). 9 (a)2010 (b)2011 (c)2012 Amounts from IIne 6 10a Gross Income from Interest, dIVIdends, payments recered on securItIes loans, rents, royaltIes and Income from SImIlar sources Unrelated busmess taxable Income (less sectIon 511 taxes) from busmesses achIred after June 30, 1975 Add IInes 10a and 10b Net Income from unrelated busmess actIVItIes not Included In IIne 10b, whether or not the busmess Is regularly carrIed on Other Income Do not Include gaIn or loss from the sale of capItal assets (ExplaIn In Part 11 12 VI ) Total support. (Add IInes 9, 10c, 11,and 12) First five years. Ifthe Form 990 Is forthe organIzatIon's fIrst, second, thIrd, fourth, or fIfth tax year as a sectIon 501(c)(3) organIzatIon, check thIs box and stop here 13 14 Section C. Computation of Public Support Percentage 15 PublIc support percentage for 2014 (IIne 8, column (f) dIVIded by IIne 13, column (f)) 15 16 PublIc support percentage from 2013 Schedule A,PartIII,lIne 15 15 Section D. Computation of Investment Income Percentage 17 Investment Income percentage for 2014(lIne 10c, column (f) dIVIded by IIne 13, column (f)) 17 18 Investment Income percentage from 2013 Schedule A, Part III, IIne 17 18 19a 33 1/30/o support tests-2014. Ifthe organIzatIon dId not check the box on IIne 14, and IIne 15 Is more than 33 1/3%, and IIne 17 Is not more than 33 1/3%, check thIs box and stop here.The organIzatIon qualIers as a publIcly supported organIzatIon H33 1/30/o support tests-2013. Ifthe organIzatIon dId not check a box on IIne 14 or IIne 19a, and IIne 16 Is more than 33 1/3% and IIne 18 Is not more than 33 1/3%, check thIs box and stop here.The organIzatIon qualIers as a publIcly supported organIzatIon PIPrivate foundation. Ifthe organIzatIon dId not check a box on IIne 14, 19a, or 19b, check thIs box and see InstructIons PI- b 20 Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Part IV Page4 Supporting Organizations (Complete only Ifyou checked a box on lIne 11 ofPartI Ifyou checked 11a ofPart I, complete Sections A and B Ifyou checked 11b ofPart I, complete Sections A and C Ifyou checked 11c ofPart I, complete Sections A, D, and E Ifyou checked 11d ofPart I, complete Sections A and D, and complete Part V) Section A. All Supporting Organizations Yes 1 No Are all of the organization's supported organizations lIsted by name In the organization's governing documents? If "No, " describe In Part VI how the supported organizations are de5ignated. If de5ignated by class or purpose, describe the de5ignation. If historic and continumg relationship, explain. Did the organization have any supported organization that does not have an IRS determination ofstatus under section 509 (a)(1) or (2)? If "Yes," explain in Part VI how the organization determined that the supported organization was described in section 509(a)(1) or (2). 3a DId the organization have a supported organization descrIbed In section 501(c)(4), (5), or (6)? If "Yes," answer (b) and (c) below. 3a b Did the organization confirm that each supported organization qualified under section 501(c)(4), (5), or (6) and satisfied the publIc support tests under section 509(a)(2)? If "Yes," describe in Part VI when and how the organization made the determination. 3b c Did the organization ensure that all support to such organizations was used excluswely for section 170(c)(2)(B) purposes? If "Yes," explain in Part VI what controls the organization put in place to ensure such use. 3c 4a Was any supported organization not organized In the UnIted States ("foreign supported organization")? If "Yes" and if you checked 11a or 11b in Part I, answer (b) and (c) below. b DId the organization have ultimate control and dIscretIon In deCIdIng whetherto make grants to the foreign supported organization? If "Yes," describe in Part VI how the organization had such control and discretion despite being controlled or superVIsed by or in connection With its supported organizations. 4b c DId the organization support any foreign supported organization that does not have an IRS determination under sections 501(c)(3) and 509(a)(1) or (2)? If "Yes," explain in Part VI what controls the organization used to ensure that all support to the foreign supported organization was used exc/u5ive/y for section 170(c)(2)(B) purposes. 5a DId the organization add, substitute, or remove any supported organizations durIng the tax year? If "Yes,"answer (b) and (c) below (if applicable). Also, prowde detail in Part VI, including (i) the names and EIN numbers of the supported organizations added, substituted, or removed, (ii) the reasons for each such action, (iii) the authority under the organization's organ/Zing document author/Zing such action, and (iv) how the action was accomplished (such as by amendment to the organ/Zing document). 5a b Type I or Type II only. Was any added or substituted supported organization part ofa class already deSIgnated In the organization's organIZIng document? 5b c Substitutions only. Was the substitution the result ofan event beyond the organization's control? 5c DId the organization prOVIde support (whether In the form ofgrants orthe prOVISIon ofserVIces or faCIlItIes) to anyone otherthan (a) Its supported organizations, (b) IndIVIduals that are part of the charitable class benefited by one or more of Its supported organizations, or (c) other supporting organizations that also support or benefIt one or more of the fIlIng organization's supported organizations? If "Yes,"prowde detail in Part VI. DId the organization prOVIde a grant, loan, compensation, or other Similar payment to a substantial contributor (defIned In IRC 4958(c)(3)(C)), a famIly member ofa substantial contributor, or a 35-percent controlled entIty With regard to a substantial contributor? If "Yes/complete Part I of Schedule L (Form 990). DId the organization make a loan to a dIsqualIerd person (as defIned In section 4958) not descrIbed In lIne 7? If "Yes," complete Part II of Schedule L (Form 990). 9a Was the organization controlled dIrectly or Indirectly at any tIme durIng the tax year by one or more dIsqualIerd persons as defIned In section 4946 (otherthan foundation managers and organizations descrIbed In section 509 (a)(1) or (2))? If "Yes,"prowde detail in Part VI. 9a b DId one or more dIsqualIerd persons (as defIned In lIne 9(a)) hold a controlling Interest In any entIty In which the supporting organization had an Interest? If "Yes,"prowde detail in Part VI. 9b c DId a dIsqualIerd person (as defIned In lIne 9(a)) have an ownership Interest In, or derIve any personal benefIt from, assets In which the supporting organization also had an Interest? If "Yes,"prowde detail in Part VI. 9c 10a Was the organization subJect to the excess busmess holdIngs rules ofIRC 4943 because ofIRC 4943(f) (regarding certain Type II supporting organizations, and all Type III non-functionally Integrated supporting organizations)? If "Yes," answerb below. 10a b DId the organization have any excess busmess holdIngs In the tax year? (Use Schedule C, Form 4720, to determine whether the organization had excess busmess holdings). 10b 11 Has the organization accepted a gift or contribution from any ofthe followmg persons? a A person who dIrectly or Indirectly controls, eIther alone ortogether With persons descrIbed In (b) and (c) below, the governing body ofa supported organization? 11a b A famIly member ofa person descrIbed In (a) above? 11b c A 35% controlled entIty ofa person descrIbed In (a) or (b) above? If "Yes"to a, b, or c, prowde detail in Part VI. 11c Schedule A (Form 990 or 990-EZ) 2014 ScheduleA (Form 990 or990-EZ)2014 Part IV Page5 Supporting Organizations (continued) Section B. Type I Supporting Organizations 1 Did the directors, trustees, or membership ofone or more supported organizations have the powerto regularly appomt or elect at least a majority of the organization's directors or trustees at all times during the tax year? If "No, "describe In Part VI how the supported organization(s) effective/y operated, superVIsed, or controlled the organization's actiVities. If the organization had more than one supported organization, describe how the powers to app0int and/or remove directors or trustees were allocated among the supported organizations and what conditions or restrictions, if any, applied to such powers during the tax year. 2 Yes No Yes No Yes No 1 Did the organization operate forthe benefit ofany supported organization other than the supported organization(s) that operated, superVIsed, or controlled the supporting organization? If "Yes,"explain in Part VI how prowding such benefit carried out the purposes of the supported organization(s) that operated, superVIsed or controlled the supporting organization. Section C. Type II Supporting Organizations 1 Were a majority of the organization's directors or trustees during the tax year also a majority of the directors or trustees ofeach of the organization's supported organization(s)? If "No,"describe in Part VI how control or management of the supporting organization was vested in the same persons that controlled or managed the supported organization(s). 1 Section D. All Type III Supporting Organizations 1 2 3 Did the organization prOVIde to each of its supported organizations, by the last day of the fifth month of the organization's tax year, (1) a written notice describing the type and amount ofsupport prOVIded during the prior tax year, (2) a copy of the Form 990 that was most recently filed as of the date of notification, and (3) copies of the organization's governing documents in effect on the date of notification, to the extent not preVIously prOVIded? 1 Were any of the organization's officers, directors, or trustees either (i) appomted or elected by the supported organization(s) or (ii) serVIng on the governing body ofa supported organization? If "No," explain in Part VI how the organization maintained a close and continuous working relationship With the supported organization(s). 2 By reason ofthe relationship described in (2), did the organization's supported organizations have a Significant v0ice in the organization's investment pOIICIes and in directing the use ofthe organization's income or assets at all times during the tax year? If "Yes," describe in Part VI the role the organization's supported organizations played in this regard. 3 Section E. Type III Functionally-Integrated Supporting Organizations 1 2 3 Check the box next to the method that the organization used to satisfy the Integral Part Test during the year (see instructions) a I- The organization satisfied the ActiVities Test Complete line 2 below b I- The organization is the parent ofeach ofits supported organizations Complete line 3 below c I- The organization supported a governmental entity Describe in Part VI how you supported a government entity (see instructions) ActIVItIes TESt Answer (a) and (b) below. Yes a Did substantially all of the organization's actiVities during the tax year directly furtherthe exempt purposes of the supported organization(s) to which the organization was responswe? If "Yes," then in Part VI identify those supported organizations and explain how these actiVities direct/y furthered their exempt purposes, how the organization was respon5ive to those supported organizations, and how the organization determined that these actiVities constituted subs tantia/ly all of its actiVities. 2a b Did the actiVities described in (a) constitute actiVities that, but for the organization's involvement, one or more of the organization's supported organization(s) would have been engaged in? If "Yes," explain in Part VI the reasons for the organization's p05ition that its supported organization(s) would have engaged in these actiVities but for the organization's involvement. 2b Parent of Supported O rganizatlons No Answer (a) and (b) below. a Did the organization have the power to regularly appomt or elect a majority of the officers, directors, or trustees of each of the supported organizations? Prowde details in Part VI. 3a b Did the organization exerCIse a substantial degree ofdirection overthe pOIICIes, programs and actiVities ofeach of its supported organizations? If "Yes," describe in Part VI the role played by the organization in this regard. 3b Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 6 Part V - Type III Non-Functionally Integrated 509(a)(3) Supporting Organizations 1 I- Check here If the organIzatIon satIsted the Integral Part Test as a qualIfyIng trust on Nov 20, 1970 See instructions. All other Type III non-functIonally Integrated supportIng organIzatIons must complete SectIons A through E Net short-term capItal gaIn RecoverIes of prIor-year dIstrIbutIons Other gross Income (see InstructIons) Add lInes 1 through 3 DepreCIatIon and depletIon (A) PrIor Year (B) Current Year (optIonal) (A) PrIor Year (B) Current Year (optIonal) U'l-hWNI-l U'l-hWNI-l Section A - Adjusted Net Income PortIon ofoperatIng expenses paId or Incurred for productIon or collectIon of held for productIon ofIncome (see InstructIons) Oi gross Income orfor management, conservatIon, or maIntenance of property Other expenses (see InstructIons) 7 Adjusted Net Income (subtract lInes 5, 6 and 7 from lIne 4) 8 Section B - Minimum Asset Amount Enu'hl Aggregate faIr market value ofall non-exempt-use assets (see InstructIons for short tax year or assets held for part ofyear) 1 Average monthly value ofsecurItIes 1a Average monthly cash balances 1b FaIr market value of other non-exempt-use assets 1c Total (add lInes 1a, 1b, and 1c) 1d Discount claImed for blockage or otherfactors (explaIn In detaIl In Part h Cash deemed held for exempt use Enter 1-1/2% oflIne 3 (for greater amount, see InstructIons) @NCSU'I Net value of non-exempt-use assets (subtract lIne 4 from lIne 3) MultIply lIne 5 by 035 RecoverIes of prIor-year dIstrIbutIons Minimum Asset Amount (add lIne 7 to lIne 6) W Subtract lIne 2 from lIne 1d @NOSU'l-h AcquISItIon Indebtedness applIcable to non-exempt use assets N VI) Current Year AdJusted net Income for prIor year (from SectIon A, lIne 8, Column A) Enter 85% oflIne 1 MInImum asset amount for prIor year (from SectIon B, lIne 8, Column A) Enter greater oflIne 2 orlIne 3 Income tax Imposed In prIor year U'l-hWNI-l CiU'l-hWNI-l Section C - Distributable Amount Distributable Amount. Subtract lIne 5 from lIne 4, unless subJect to emergency temporary reductIon (see InstructIons) '- Check here If the current year Is the organIzatIon's fIrst as a non-functIonally-Integrated Type III supportIng organIzatIon (see InstructIons) Schedule A (Form 990 or 990-EZ) 2014 Schedule A (Form 990 or 990-EZ) 2014 Page 7 Section D - Distributions 1 Amounts paId to supported organIzatIons to accomplIsh exempt purposes 2 Amounts paId to perform actIVIty that dIrectly furthers exempt purposes ofsupported organIzatIons, In excess of Income from actIVIty 3 AdmInIstratIve expenses paId to accomplIsh exempt purposes ofsupported organIzatIons 4 Amounts paId to acquIre exempt-use assets 5 QualIerd set-aSIde amounts (prIor IRS approval reqUIred) @NOS Current Year Other dIstrIbutIons (descrIbe In Part VI) See InstructIons 9 Total annual distributions. Add lInes 1 through 6 DIstrIbutIons to attentIve supported organIzatIons to thch the organIzatIon Is responSIve (prOVIde detaIls In Part VI) See InstructIons DIstrIbutable amount for 2014 from SectIon C, lIne 6 10 LIne 8 amount dIVIded by LIne 9 amount . _ . . . . SectIon E DIstrItbutIton AllocatIons (see Ins ruc IonS) . Excess Di(slt)ributions (ii) Underdistributions (iii) Distributable Pre-2014 Amount for 2014 1 DIstrIbutable amount for 2014 from SectIon C, lIne 6 2 UnderdIstrIbutIons, Ifany, for years prIorto 2014 (reasonable cause requIred--see InstructIons) anU'N 3 Excess dIstrIbutIons carryover, Ifany, to 2014 From 2009. From 2010. From 2011. From 2012. From 2013. . f Total oflInes 3a through e g h ApplIed to underdIstrIbutIons of prIor years ApplIed to 2014 dIstrIbutable amount i Carryoverfrom 2009 not applIed (see InstructIons) j RemaInder Subtract lInes 3g, 3h, and 3I from 3f 4 DIstrIbutIons for 2014 from SectIon D, lIne 7 $ a ApplIed to underdIstrIbutIons of prIor years b ApplIed to 2014 dIstrIbutable amount c RemaInder Subtract lInes 4a and 4b from 4 RemaInIng underdIstrIbutIons for years prIorto 2014, Ifany Subtract lInes 3g and 4a from lIne 2 (Ifamount greaterthan zero, see InstructIons) 6 RemaInIng underdIstrIbutIons for 2014 Subtract lInes 3h and 4b from lIne 1 (Ifamount greaterthan zero, see InstructIons) 7 Excess distributions carryover to 2015. A dd lInes 3] and 4c 8 Breakdown oflIne 7 OQnU'N 5 From 2010. From 2011. From 2012. From 2013. From 2014. Schedule A (Form 990 or 990-EZ) (20 14) ScheduleA (Form 990 or990-EZ)2014 m Page8 Supplemental Information. Provrde the explanations requrred by Part II, line 10; Part II, line 17a or 17b; Part III, line 12; Part IV, Section A, lines 1, 2, 3b, 3c, 4b, 4c, 5a, 6, 9a, 9b, 9c, 11a, 11b, and 11c; Part IV, Section B, lines 1 and 2; Part IV, Section C, line 1; Part IV, Section D, lines 2 and 3; Part IV, Section E, IInes 1c, 2a, 2b, 3a and 3b; Part V, line 1; Part V, Section B, IIne 1e; Part V Section D, lines 5, 6, and 8; and Part V, Section E, lines 2, 5, and 6. Also complete thrs part for any addrtronal Information. (See Instructions). Facts And Circumstances Test Return Reference Explanation Schedule A (Form 990 or 990-EZ) 2014 Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l DLN; 93493306009865I SCHEDULE C Political Campaign and Lobbying Activities W (Form 990 or 990'EZ) For Organizations Exempt From Income Tax Under section 501 (c) and section 527 201 4 Department ofthe Treasury F- Complete if the organization is described below. b- Attach to Form 990 or Form 990-EZ. h- Information about Schedule C (Form 990 or 990-EZ) and its instructions is at Internal Revenue Sewice Open to Public . . www.1rs.gov (form990. Ins I ection If the organization answered "Yes" to Form 990, Part IV, Line 3, or Form 99042, Part V, line 46 (Political Campaign Activities), then in Section 501(c)(3) organizations Complete Parts I-A and B Do not complete Part I-C in Section 501(c) (other than section 501(c)(3)) organizations Complete Parts I-A and C below Do not complete Part I-B in Section 527 organizations Complete Part I-A only If the organization answered "Yes" to Form 990, Part IV, Line 4, or Form 99042, Part VI, line 47 (Lobbying Activities), then in Section 501(c)(3) organizations that have filed Form 5768 (election under section 501(h)) Complete Part II-A Do not complete Part "-8 in Section 501(c)(3) organizations that have NOT filed Form 5768 (election under section 501(h)) Complete Part "-8 Do not complete Part II-A If the organization answered "Yes" to Form 990, Part IV, Line 5 (Proxy Tax) (see separate instructions) or Form 99042, Part V, line 35c (Proxy Tax) (see separate instructions), then in Section 501(c)(4), (5), or (6) organizations Complete Part III Name of the organization Employer identification number ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN m 41-2057028 Complete if the organization is exempt under section 501(c) or is a section 527 organization. 1 PrOVIde a description ofthe organization's direct and indirect political campaign actiVities in Part IV 2 Political expenditures 3 Volunteer hours Part I-B In- $ Complete if the organization is exempt under section 501(c)(3). 1 Enterthe amount ofany eXCIse tax incurred by the organization under section 4955 h- 2 Enterthe amount ofany eXCIse tax incurred by organization managers under section 4955 h- 3 Ifthe organization incurred a section 4955 tax, did it file Form 4720 forthis year? I- Yes I- No 4a Was a correction made? I- Yes I- No b If"Yes,"describeinPartIV Part I-C 1 2 Complete if the organization is exempt under section 501(c), except section 501(c)(3). Enterthe amount directly expended by the filing organization for section 527 exempt function actiVities b- Total exempt function expenditures Add lines 1 and 2 Enter here and on Form 1120-PO L, line 17b b- Did the filing organization file Form 1120-POL forthis year? 5 $ Enterthe amount ofthe filing organization's funds contributed to other organizations for section 527 exempt function actiVities 3 b- $ $ I- Yes I- No Enterthe names, addresses and employer identification number (EIN) ofall section 527 political organizations to which the filing organization made payments For each organization listed, enterthe amount paid from the filing organization's funds Also enterthe amount of political contributions received that were promptly and directly delivered to a separate political organization, such as a separate segregated fund or a political action committee (PAC) Ifadditional space is needed, prOVIde information in Part IV (a) Name (b)Address (C) EIN (d)Amount paid from (e)Amount OfPOI't'CaI filing organization's contributions received funds Ifnone, enter -0- and promptly and directly delivered to a separate political organization Ifnone, enter-O- For Paperwork Reduction Act Notice, see the instructions for Form 990 or 990-EZ. Cat No 500845 Schedule C (Form 990 or 990-52) 2014 Schedule C (Form 990 or 990-EZ) 2014 m A Check B Check 1a Page 2 Complete if the organization is exempt under section 501(c)(3) and filed Form 5768 (election under section 501(h)). h- ]- Ifthe fIlIng organIzatIon belongs to an affIlIated group (and lIst In Part IV each affIlIated group member's name, address, EIN, expenses, and share ofexcess lobbyIng expendItures) h- ]- Ifthe fIlIng organIzatIon checked box A and "lImIted control" prOVISIons apply Limits on Lobbying Expenditures orgaazlggt'rogn.s (b)gArf;IlllI;ted (The term "expendltures" means amounts pald or Incurred.) totals totals Total lobbyIng expendItures to Influence publIc opInIon (grass roots lobbyIng) 0 b Total lobbyIng expendItures to Influence a legIslatIve body (dIrect lobbyIng) 0 c Total lobbyIng expendItures (add lInes 1a and 1b) d Other exempt purpose expendItures 3,856,029 e Total exempt purpose expendItures (add lInes 1c and 1d) 3,856,029 f 0 LobbyIng nontaxable amount Enter the amount from the followmg table In both 342 801 columns ' If the amount on line 1e, column (a) or (b) is; The lobbying nontaxable amount is; Not over $500,000 20% of the amount on lIne 1e Over $500,000 but not over $1,000,000 $100,000 plus 15% of the excess over $500,000 Over $1,000,000 but not over $1,500,000 $175,000 plus 10% of the excess over $1,000,000 Over $1,500,000 but not over $17,000,000 $225,000 plus 5% of the excess over $1,500,000 Over $17,000,000 $1,000,000 Grassroots nontaxable amount (enter 25% oflIne 1f) 85,700 h Subtract lIne 1g from lIne 1a Ifzero or less, enter-0- 0 i Subtract lIne 1ffrom lIne 1c Ifzero or less, enter-0- 0 j Ifthere Is an amount otherthan zero on eIther lIne 1h or lIne 1I, dId the organIzatIon fIle Form 4720 reportIng sectIon 4911 tax forthIs year? [-Yes '- No 4-Year Averaging Period Under section 501(h) (Some organizations that made a section 501(h) election do not have to complete all of the five columns below. See the separate instructions for lines 2a through 2f.) Lobbying Expenditures During 4-Year Averaging Period Calendar year (orfIscal year begInnIngIn) 2a LobbyIng nontaxable amount I, LobbyIng ceIlIng amount (150% of lIne 2a, column(e)) (a) 2011 282,181 (b) 2012 332,909 (c)2013 304,551 (d) 2014 342,801 (e)Total 1,262,442 1,893,663 c Total lobbyIng expendItures 13,678 18,616 25,777 d Grassroots nontaxable amount 70,545 83,227 76,138 e Grassroots ceIlIng amount (150% oflIne 2d, column (e)) f Grassroots lobbyIng expendItures 58,071 85,700 315,610 473,415 13,620 17,941 20,861 52,422 Schedule C (Form 990 or 990-EZ) 2014 ScheduleC (Form 990 or990-EZ)2014 Part II-B Page3 Complete if the organization is exempt under section 501(c)(3) and has NOT filed Form 5768 (election under section 501(h)). For each "Yes" response to lines 1a through 1i below, prowde In Part IV a detailed description of the lobbying actiVity. b ( ) Amount Yes No During the year, did the filing organization attempt to influence foreign, national, state or local legislation, including any attempt to influence public opinion on a legislative matter or referendum, through the use of sn-hmnnu-m 1 a ( ) Volunteers? Paid staff or management (include compensation in expenses reported on lines 1c through 1i)? M edia advertisements? Mailings to members, legislators, orthe public? Publications, or published or broadcast statements? Grants to other organizations for lobbying purposes? Direct contact With legislators, their staffs, government offICIals, or a legislative body? Rallies, demonstrations, seminars, conventions, speeches, lectures, or any Similar means? Other actiVities? j 2a Total Add lines 1c through 1i Did the actiVities in line 1 cause the organization to be not described in section 501(c)(3)? b If"Yes," enterthe amount ofany tax incurred under section 4912 c If "Yes," enter the amount ofany tax incurred by organization managers under section 4912 d Ifthe filing organization incurred a section 4912 tax, did it file Form 4720 forthis year? m I I Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6). Yes 1 Were substantially all (90% or more) dues received nondeductible by members? 2 Did the organization make only in-house lobbying expenditures of$2,000 or less? 2 3 Did the organization agree to carry over lobbying and political expenditures from the prior year? 3 Part III-B Complete if the organization is exempt under section 501(c)(4), section 501(c)(5), or section 501(c)(6) and if either (a) BOTH Part III-A, lines 1 and 2, are answered "No" OR (b) Part III-A, line 3, is answered "Yes." 1 Dues, assessments and Similar amounts from members 2 Section 162(e) nondeductible lobbying and political expenditures (do not include amounts of political expenses for which the section 527(f) tax was paid). a 1 Current year 2a Carryoverfrom last year 2b Total 2c 3 Aggregate amount reported in section 6033(e)(1)(A) notices of nondeductible section 162(e) dues 3 4 Ifnotices were sent and the amount on line 2c exceeds the amount on line 3, what portion ofthe excess does the organization agree to carryover to the reasonable estimate of nondeductible lobbying and political expenditure next year? 4 5 Taxable amount oflobbying and political expenditures (see instructions) 5 Part IV No 1 Supplemental Information PrOVIde the descriptions reqUIred for Part l-A, line 1, Part l-B, line 4, Part l-C, line 5, Part II-A (affiliated group list), Part II-A, lines 1 and 2 see instructions and Partll-B line 1 Also com lete this art for an additional information Return Reference Explanation Schedule C (Form 990 or 990EZ) 2014 ScheduleC (Form 990 or990-EZ)2013 ' Su lemental Information Return Reference Page4 continued Explanation Schedule C (Form 990 or 990EZ) 2014 Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l . (SFEr'ang'ggLE D DLN; 93493306009865I . OMB No 1545-0047 Supplemental FInanCIal Statements _ hI- Complete if the organization answered "Yes," to Form 990, 20 1 4 Part IV, line 6, 7, 8, 9, 10, 11a, 11b, 11c, 11d, 11e, 11f, 12a, or 12b. Department oflhe Treasury F Attach to Form 990- Open to Public Internal Revenue Sen/Ice Information about Schedule D (Form 990) and its instructions is at www.irs.gov [form990. Inspection Name of the organization ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN Employer identification number 41-2057028 m Organizations Maintaining Donor Advised Funds or Other Similar Funds or Accounts. Complete If the organIzatIon answered "Yes" to Form 990 Part IV, lIne 6. (a) Donor adVIsed funds 1 Total number at end ofyear (b) Funds and other accounts 2 Aggregate value ofcontrIbutIons to (durIng year) 3 Aggregate value ofgrants from (durIng year) 4 Aggregate value at end ofyear 5 DId the organization Inform all donors and donor adVIsors In ertIng that the assets held In donor adVIsed funds are the organIzatIon's property, subject to the organIzatIon's excluswe legal control? I- Yes I- No DId the organIzatIon Inform all grantees, donors, and donor adVIsors In ertIng that grant funds can be used only for charItable purposes and not for the benefIt of the donor or donor adVIsor, or for any other purpose conferrIng ImpermISSIble prIvate benefIt? '- Yes '- N0 m Conservation Easements. Complete If the organIzatIon answered "Yes" to Form 990, Part IV, lIne 7. 1 Purpose(s) ofconservatIon easements held by the organIzatIon (check all that apply) I- PreservatIon ofland for publIc use (e g , recreatIon or educatIon) I- PreservatIon ofan hIstorIcally Important land area I- I- PreservatIon ofa certIerd hIstorIc structure ProtectIon of natural habItat I- PreservatIon ofopen space Complete lInes 2a through 2d Ifthe organIzatIon held a qualIerd conservatIon contrIbutIon In the form ofa conservatIon easement on the last day of the tax year Enu'hl Held at the End of the Year Total number ofconservatIon easements 2a Total acreage restrIcted by conservatIon easements 2b Number ofconservatIon easements on a certIerd hIstorIc structure Included In (a) 2c Number ofconservatIon easements Included In (c) achIred after 8/17/06, and not on a hIstorIc structure lIsted In the NatIonal RegIster 2d Number ofconservatIon easements modIerd, transferred, released, extIngwshed, or termInated by the organIzatIon durIng the tax year hINumber ofstates where property subject to conservatIon easement Is located hIDoes the organIzatIon have a ertten polIcy regardIng the perIodIc monItorIng, InspectIon, handlIng ofVIolatIons, and enforcement of the conservatIon easements It holds? '- Yes I- No I- Yes I- No Staff and volunteer hours devoted to monItorIng, InspectIng, and enforcmg conservatIon easements durIng the year h- Amount ofexpenses Incurred In monItorIng, InspectIng, and enforcmg conservatIon easements durIng the year F$ Does each conservatIon easement reported on lIne 2(d) above satIsfy the reqUIrements ofsectIon 170(h)(4)(B)(I) and sectIon 170(h)(4)(B)(II)? In Part XIII, descrIbe how the organIzatIon reports conservatIon easements In Its revenue and expense statement, and balance sheet, and Include, IfapplIcable, the text of the footnote to the organIzatIon's fInanCIal statements that descrIbes the organIzatIon's accountIng for conservatIon easements m 1a Organizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets. Complete If the organIzatIon answered "Yes" to Form 990, Part IV, lIne 8. Ifthe organIzatIon elected, as permItted under SFAS 116 (ASC 958), not to report In Its revenue statement and balance sheet works ofart, hIstorIcal treasures, or other SImIlar assets held for publIc ethbItIon, educatIon, or research In furtherance of publIc serVIce, prOVIde, In Part XIII, the text of the footnote to Its fInanCIal statements that descrIbes these Items Ifthe organIzatIon elected, as permItted under SFAS 116 (ASC 958), to report In Its revenue statement and balance sheet works ofart, hIstorIcal treasures, or other SImIlar assets held for publIc ethbItIon, educatIon, or research In furtherance of publIc serVIce, prOVIde the followmg amounts relatIng to these Items (i) Revenue Included In Form 990, PartVIII, lIne 1 hI-$ (ii)Assets IncludedIn Form 990,PartX I"$ Ifthe organIzatIon recered or held works ofart, hIstorIcal treasures, or other SImIlar assets for fInanCIal gaIn, prOVIde the followmg amounts reqUIred to be reported under SFAS 116 (ASC 958) relatIng to these Items RevenueIncluded In Form 990,PartVIII,lIne1 b hI-$ Assets IncludedIn Form 990,PartX For Paperwork Reduction Act Notice, see the Instructions for Form 990. hI-$ C at N o 5 2 2 8 3 D Schedule D (Form 990) 2014 ScheduleD(Form990)2014 Page2 Manizations Maintaining Collections of Art, Historical Treasures, or Other Similar Assets (continued) 3 USIng the organIzatIon's achISItIon, acceSSIon, and other records, check any of the followmg that are a SIgnIfIcant use of Its collectIon Items (check all that apply) a I- PublIc ethbItIon d I- Loan orexchange programs b I- Scholarly research e I- Other c I- PreservatIon forfuture generatIons 4 PrOVIde a descrIptIon of the organIzatIon's collectIons and explaIn how they furtherthe organIzatIon's exempt purpose In Part XIII 5 DurIng the year, dId the organIzatIon soIICIt or recere donatIons ofart, hIstorIcal treasures or other SImIlar assets to be sold to raIse funds ratherthan to be maIntaIned as part ofthe organIzatIon's collectIon? Part IV 1a '- Yes Is the organIzatIon an agent, trustee, custodIan or other IntermedIary for contrIbutIons or other assets not Included on Form 990,Part X? b '- No Escrow and Custodial Arrangements. Complete If the organIzatIon answered "Yes" to Form 990, Part IV, lIne 9, or reported an amount on Form 990, Part X, lIne 21. I_Yes I_No If "Yes," explaIn the arrangement In Part XIII and complete the followmg table Amount C BegInnIng balance 1C d AddItIons durIng the year 1d e DIstrIbutIons durIng the year 1e f EndIng balance 1f 2a b DId the organIzatIon Include an amount on Form 990,Part X,IIne 21,forescroworcustodIalaccountlIabIlIty? If"Yes," explaIn the arrangement In Part XIII Check here Ifthe explanatIon has been prOVIded In Part XIII . . . . I_Yes I_No . '- . . Endowment Funds. Complete If the organIzatIon answered "Yes" to Form 990, Part IV, lIne 10. (a)Current year 1a b (c)Two years back (d)Three years back (e)Four years back BegInnIng ofyear balance b ContrIbutIons c NetInvestment earnIngs,gaIns,and losses d Grants or scholarshIps e Other expendItures forfaCIlItIes and programs f AdmInIstratIve expenses 9 End ofyear balance 2 (b)PrIor year PrOVIde the estImated percentage ofthe current year end balance (IIne lg, column (a)) held as a Board deSIgnated or quaSI-endowment h- b Permanent endowment h- C TemporarIly restrIcted endowment hThe percentages In lInes 2a, 2b, and 2c should equal 100% 3a Are there endowment funds not In the posseSSIon of the organIzatIon that are held and admInIstered for the organIzatIon by Yes (i)unrelatedorganIzatIons (ii) related organIzatIons b 4 . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . If"Yes" to 3a(II), are the related organIzatIons lIsted as reqUIred on Schedule R? . . . . . . . . . . . . . . . . . . . . . . . . . No 3a(i) 3a(ii) . . 3b DescrIbe In Part XIII the Intended uses ofthe organIzatIon's endowment funds m Land, Buildings, and Equipment. Complete If the organIzatIon answered 'Yes' to Form 990, Part IV, lIne 11a. See Form 990, Part X, lIne 10. Descrlptlon of property 1a (a) Cost or other baSlS (Investment) (b)Cost or other baSlS (other) (c) Accumulated deprecIatIon (d) Book value Land b BUIIdlngS c Leasehold Improvements ququment. . . . . . . . . . . . . . . . 27,240 eOther................. Total.AddlInes lathrough 1e (Column (d)mustequa/Form990,PartX,co/umn(B),/Ine10(c).) 16,187 10,400 . . . . 9,866 . . . F- 11,053 534 11,587 Schedule D (Form 990) 2014 ScheduleD(Form990)2014 m Page3 Investments-Other Securities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11b. See Form 990, Part X, line 12. (a) Description ofsecurity or category (Including name of security) (b)Book value (c) Method ofvaluation Cost or end-of-year market value (1 )FinanCIal derivatives (2 )C losely-held eqUIty interests Other Total. (Column (b) must equal Form 990, PartX, col (B) We 12) " Investments-Program Related. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11c. See Form 990, Part X, line 13. (a) Description of investment (b) Book value Total. (Column (b) must equal Form 990, PartX, col (B) We 13) (c) Method ofvaluation Cost or end-of-year market value " Other Assets. Complete ifthe organization answered 'Yes' to Form 990, Part IV, line 11d See Form 990, Part X, line 15 (a) Description (b) Book value (1)SECURITY DEPOSITS 23,440 . I- Total. (Column (b) must equal Form 990, Part X, col.(B) lIne 15.) 23,440 Other Liabilities. Complete if the organization answered 'Yes' to Form 990, Part IV, line 11e or 11f. See Form 990, Part X, line 25. 1 (a) Description ofliability (b) Book value Federal income taxes Total. (Column (b) must equal Form 990, PartX, col (B) We 25) p. 2. Liability for uncertain tax pOSItions In Part XIII, prOVIde the text of the footnote to the organization's finanCIal statements that reports the organization's liability for uncertain tax pOSItions under FIN 48 (ASC 740) Check here ifthe text ofthe footnote has been prOVIded in Part XIII '7 Schedule D (Form 990) 2014 Schedule D (Form 990) 2014 m Page4 Reconciliation of Revenue per Audited Financial Statements With Revenue per Return Complete If the organIzatIon answered 'Yes' to Form 990, Part IV, lIne 12a. 1 Total revenue, gaIns, and other support per audIted fInanCIal statements 3,535,075 (Dana-III Amounts Included on lIne 1 but not on Form 990, Part VIII, lIne 12 Net unrealIzed gaIns (losses) on Investments 2a Donated serVIces and use offaCIlItIes 2b Recoveries of prIor year grants 2c Other (DescrIbe In Part XIII) 2d Add lInes 2a through 2d Subtract lIne 2e from lIne 1 2e 0 3 3,535,075 4c 0 5 3,535,075 Amounts Included on Form 990, Part VIII, lIne 12, but not on lIne 1 c 5 Investment expenses not Included on Form 990, Part VIII, lIne 7b 4a Other (DescrIbe In Part XIII) 4b Add lInes 4a and 4b Total revenue Add lInes 3and 4c. (ThIs must equal Form 990, PartI, lIne 12) m Reconciliation of Expenses per Audited Financial Statements With Expenses per Return. Complete If the organIzatIon answered 'Yes' to Form 990, Part IV, lIne 12a. 1 Total expenses and losses per audIted fInanCIal statements 3,856,029 (Dana-III Amounts Included on lIne 1 but not on Form 990, Part IX, lIne 25 Donated serVIces and use offaCIlItIes 2a PrIor year adjustments 2b Otherlosses 2c Other (DescrIbe In Part XIII) 2d Add lInes 2a through 2d Subtract lIne 2e from lIne 1 2e 0 3 3,856,029 Amounts Included on Form 990, Part IX, lIne 25, but not on lIne 1; Investment expenses not Included on Form 990, Part VIII, lIne 7b 4a Other (DescrIbe In Part XIII) 4b Add lInes 4a and 4b Total expenses Add lInes 3and 4c. (ThIs must equal Form 990, PartI, lIne 18) 4c 0 5 3,856,029 m Supplemental Information PrOVIde the descrIptIons reqUIred for Part II, lInes 3, 5, and 9, Part III, lInes 1a and 4, Part IV, lInes 1b and 2b, Part V, lIne 4, Part X, lIne 2, Part XI, lInes 2d and 4b, and Part XII, lInes 2d and 4b Also complete thIs part to prOVIde any addItIonal InformatIon Return Reference PART X, LINE 2 ExplanatIon THE ORGANIZATION BELIEVES IT HAS APPROPRIATE SUPPORT FOR ANY TAX POSITIONS TAKEN,AND AS SUCH, DOES NOT HAVE ANY UNCERTAIN TAX POSITIONS THAT ARE MATERIAL TO THE FINANCIAL STATEMENTS THE FEDERAL AND ILLINOIS EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE AUTHORITIES, GENERALLY FORTHREE YEARS AFTER THEY WERE FILED Schedule D (Form 990) 2014 ScheduleD(Form990)2013 ' Su lemental Information Return Reference Pages continued Explanation Schedule D (Form 990) 2014 Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l DLN; 93493306009865 OMB No 1545-0047 Schedule I Grants and Other Assistance to Organizations, Governments and Individuals in the United States (Form 990) 2014 Complete if the organization answered "Yes," to Form 990, Part IV, line 21 or 22. Open to Public Inspection It Attach to Form 990. Department of the Treasury I" Information about Schedule I (Form 990) and its instructions is at www.irs.gov (form990. Internal Revenue SeNice Name of the organization Employer identification number ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN 41-2057028 m General Information on Grants and Assistance 1 Does the organization maintain records to substantiate the amount ofthe grants or a55istance the grantees' eligibility forthe grants or a55istance, and the selection criteria used to award the grants or a55istance? 2 Describe in Part IV the organization' 5 procedures for monitoring the use ofgrant funds in the United States m I7 Yes I- No Grants and Other Assistance to Domestic Organizations and Domestic Governments. Complete if the organization answered "Yes" to Form 990, Part IV, line 21, for any moment that received more than $5,000. Part II can be duplicated if additional space is needed. (a) Name and address of organization orgovernment (b) EIN (c) IRC section ifapplicable (d) Amount ofcash grant (e) Amount of noncash a55istance (f) Method of (9) Description of valuation non-cash a55istance (book, FMV,appraisal, other) (h) Purpose ofgrant or a55istance (1)LIBERTY JUSTICE CENTER 19OSLASALLE STREET 1500 CHICAGO,IL 60603 45-4204425 501(C)(3) 17,000 N/A N/A GRANT TO OTHER ORGANIZATION THAT SHARESTHE SAME PRINCIPLES ASILLINOIS POLICY INSTITUTE (2)THINK FREELY MEDIA 180 WADAMS STREET 6TH FLOOR CHICAGO,IL 60603 27-1110796 501(C)(3) 20,000 N/A N/A GRANT TO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES ASILLINOIS POLICY INSTITUTE (3) GRANT TO OTHER ORGANIZATION THAT SHARES THE SAME PRINCIPLES AS ILLINOIS POLICY INSTITUTE 2 Entertotal number ofsection 501(c)(3) and government organizations listed in the line 1 table . 3 Entertotal number of other organizations listed in the line 1 table . For Paperwork Reduction Act Notice, see the Instructions for Form 990. Ir Ir Cat No 50055P Schedule I (Form 990) 2014 Schedule I (Form 990) 2014 m Page 2 Grants and Other Assistance to Domestic Individuals. Complete If the organization answered "Yes" to Form 990, Part IV, lIne 22. Part III can be duplicated If additional space IS needed. (a)Type ofgrant or aSSIstance Part IV (c)Amount of cash grant (d)Amount of non-cash aSSIstance (e)Method ofvaluatlon (book, FMV, appraisal, other) (f)DescrIptIon of non-cash aSSIstance Supplemental Information. Provnde the Information requnred In Part I, lIne 2, Part III, column (b), and any other additional Information. Ret urn Ref erenoe PART I, LINE 2 (b)Number of moments Explanation ALL SPENDING IS MONITORED THROUGH THE ACCOUNTING SOFTWARE AND PROJECT MANAGEMENT TOOLS A NARRATIVE SUMMARY IS ALSO KEPT OF ALL PROJECTS Schedule I (Form 990) 2014 Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l Schedule J DLN; 93493306009865I Compensation Information OMB No 1545-0047 For certain Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees F- Complete if the organization answered "Yes" to Form 990, Part IV, line 23. 20 1 4 Department ofthe Treasury h. Attach to Form 990_ Open to PubIIC Internal Revenue Service h- Information about Schedule J (Form 990) and its instructions is at www.irs.gov [form990. (Form 990) Name of the organization _ InsPeCtlon Employer identification number ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN 41-2057028 m Questions Regarding Compensation Yes 1a b 2 3 No Check the appropiate box(es) if the organization prOVIded any of the followmg to or for a person listed in Form 990, Part VII, Section A, line 1a Complete Part III to prOVIde any relevant information regarding these items I- First-class or chartertravel I- Housmg allowance or reSIdence for personal use I- Travel for companions I- Payments for busmess use of personal reSIdence I- Tax idemnification and gross-up payments I- Health or SOCIaI club dues or initiation fees I- Discretionary spending account I- Personal serVIces (e g , maid, chauffeur, chef) Ifany ofthe boxes in line 1a are checked, did the organization followa written policy regarding payment or reimbursement or pl'OVlSlon ofall ofthe expenses described above? If"No," complete Part III to explain 1b Did the organization reqUIre substantiation priorto reimbursmg or allowmg expenses incurred by all directors, trustees, officers, including the CEO/Executive Director, regarding the items checked in line 1a? 2 Indicate which, ifany, of the followmg the filing organization used to establish the compensation of the organization's CEO/Executive Director Check all that apply Do not check any boxes for methods used by a related organization to establish compensation ofthe CEO/Executive Director, but explain in Part III 4 I7 Compensation committee I- I- Independent compensation consultant I7 Written employment contract Compensation survey or study I7 Form 990 of other organizations I7 Approval by the board or compensation committee During the year, did any person listed in Form 990, Part VII, Section A, line 1a With respect to the filing organization or a related organization c Receive a severance payment or change-of-control payment? 4a No PartICIpate in, or receive payment from, a supplemental nonqualified retirement plan? 4b No PartICIpate in, or receive payment from, an eqUIty-based compensation arrangement? 4c No The organization? 5a No Any related organization? 5b No The organization? 6a No Any related organization? 6b No For persons listed in Form 990, Part VII, Section A, line 1a, did the organization prOVIde any non-fixed payments not described in lines 5 and 6? If"Yes," describe in Part III 7 No Were any amounts reported in Form 990, Part VII, paid or accured pursuant to a contract that was subject to the initial contract exception described in Regulations section 53 4958-4(a)(3)? If"Yes," describe in Part III 8 No If"Yes" to line 8, did the organization also follow the rebuttable presumption procedure described in Regulations section 53 4958-6(c)? 9 If"Yes" to any oflines 4a-c, list the persons and prOVIde the applicable amounts for each item in Part III Only 501(c)(3), 501(c)(4), and 501(c)(29) organizations must complete lines 5-9. 5 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the revenues of If"Yes," to line 5a or 5b, describe in Part III 6 For persons listed in Form 990, Part VII, Section A, line 1a, did the organization pay or accrue any compensation contingent on the net earnings of b If"Yes," to line 6a or 6b, describe in Part III 7 8 9 For Paperwork Reduction Act Notice, see the Instructions for Form 990. C at N o 5 00 5 3T Schedule J (Form 990) 2014 Schedule J (Form 990) 2014 m Page 2 Officers, Directors, Trustees, Key Employees, and Highest Compensated Employees. Use duplicate copies If additional space IS needed. For each IndIVIdual whose compensatlon must be reported In Schedule J, report compensatlon from the organlzatlon on row (I) and from related organlzatlons, descrIbed In the Instructlons, on row (II) Do not lIst any IndIVIduals that are not lIsted on Form 990, Part VII Note.The sum ofcolumns (B)(I)-(III) for each lIsted IndIVIdual must equal the total amount of Form 990, Part VII, SectIon A, lIne 1a, appllcable column (D) and (E) amounts forthat IndIVIdual (A) Name and TItle (B) Breakdown ofW-2 and/or 1099-MISC compensatlon _ con(1I)eEriZTlon p 1 JOHN TILLMAN, CEO, BOARD DIRECTOR 2 (i) (ii) KRISTINA RASMUSSEN, (i) EXECUTIVE VICE PRESIDENT (ii) 3 THADDEUS DABROWSKI, (i) VICE PRESIDENT'POLICY (ii) 0 (ii) Bonus & Incentlve (iii) Other reportable compensatlon compensatlon 0 0 (C) Retlrement and (D) Nontaxable (E) Total ofcolumns (F) Compensatlon In other deferred compensatlon beneflts (B)(I)-(D) column(B) reported as deferred In prlor Form 9 90 0 0 0 0 ......................................................................................................................................................................................................................... 258,530 0 0 14,500 19,384 292,414 0 0 0 0 0 0 0 0 ......................................................................................................................................................................................................................... 157,778 0 0 12,000 18,509 188,287 0 0 0 0 0 0 0 0 ......................................................................................................................................................................................................................... 122,601 0 0 12,100 17,713 152,414 0 Schedule J (Form 990) 2014 ScheduIeJ (Form 990)2014 m Page3 Supplemental Information PrOVIde the Information, explanation, or descriptions reqUIred for Part I, lines 1a, 1b, 3, 4a, 4b, 4c, 5a, 5b, 6a, 6b, 7, and 8, and for Part II Also complete this part for any additional information Ret urn Reference Expla nation Schedule J (Form 990) 2014 Iefile GRAPHIC print - DO NOT PROCESS SCHEDULE M (Form 990) Department of the Treasury DLN;93493306009865I I As Filed Data - l OMB No 1545-0047 Noncash Contributions ivComplete if the organizations answered "Yes" on Form 990, Part IV, lines 29 or 30. b- Attach to Form 990. ivInformation about Schedule M (Form 990) and its instructions is at www.irs.gov (form990. 2014 Open to PUbliC Ins - ection Internal Revenue Sewice Name of the organization ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN Employer identification number 41-2057028 '55. Types of Property (a) (b) Check Number ofcontributions if or items contributed applicable 1 Art-Works ofart 2 Art-Historical treasures 3 Art-Fractional interests 4 Books and publications 5 Clothing and household goods . . . 6 Cars and other vehicles (C) (d) Noncash contribution amounts reported on Form 990, PartVIII, line lg Method ofdetermining noncash contribution amounts X 7 Boats and planes 8 Intellectual property 9 Securities-Publicly traded 1,020 FAIR MARKET VALUE X 5 123,548 FAIR MARKET VALUE 25 Otheriv( PROFESSIONAL SERVICES) X 1 2,100 FAIR MARKET VALUE 26 Otheriv( HOTEL ROOMS) X 1 2,000 FAIR MARKET VALUE 10 Securities-Closely held stock 11 Securities-Partnership, LLC, ortrust interests . . 12 Securities-Miscellaneous 13 Qualified conservation contribution-Historic structures . 14 Qualified conservation contribution-Other 15 Real estate-ReSIdential 16 Real estate-CommerCIal 17 Real estate-Other 18 Collectibles 19 Food inventory 20 Drugs and medical supplies 21 TaXIdermy 22 Historical artifacts 23 SCIentific speCImens 24 Archeological artifacts . 27 Otheriv( 28 Otheriv( ) 29 Number of Forms 8283 received by the organization during the tax yearfor contributions for which the organization completed Form 8283, Part IV, Donee Acknowledgement ) 29 0 Yes 30a No During the year, did the organization receive by contribution any property reported in Part I, lines 1 through 28, that it must hold for at least three years from the date of the initial contribution, and which is not reqUIred to be used for exempt purposes forthe entire holding period? b 31 b 31 N0 Does the organization hire or use third parties or related organizations to SOIICIt, process, or sell noncash contributions? 33 No If"Yes," describe the arrangement in Part II Does the organization have a gift acceptance policy that reqUIres the reVIew ofany non-standard contributions? 32a 30a 32a Yes If"Yes," describe in Part II Ifthe organization did not report an amount in column (c) for a type of property for which column (a) is checked, describe in Part II For Paperwork Reduction Act Notice, see the Instructions for Form 990. Cat No 51227] Schedule M (Form 990) (2014) Schedule M (Form 990) (2014) Page 2 Supplemental Information. Provnde the Information requnred by Part 1, lines 30b, 32b, and 33, and whether the organization IS reporting In Part 1, column (b), the number of contributions, the number of Items received, or a combination of both. Also complete thIs part for any additional Information. Return Reference PART I, LINE 328 Explanation CHARLES SCHWAB IS USED TO SELL PUBLICLY TRADED STOCK THAT IS DONATED Schedule M (Form 990) (2014) Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l DLN; 93493306009865I OMB No 1545-0047 SCHEDULE 0 (Form 990 ("990452) Supplemental Information to Form 990 or 990-EZ 201 4 Complete to provide information for responses to specific questions on Department of the Treasury Form 990 or 990-EZ or to provide any additional information. h- Attach to Form 990 or 990-EZ. Internal Revenue SerVIce Open to PUinC Inspection h- Information about Schedule 0 (Form 990 or 990-EZ) and its instructions is at www.irs.gov/form990. Name of the organization Employer identification number ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN 41-2057028 990 Schedule 0, Supplemental Information Return Reference Explanation FORM 990, PART VI, SECTION B, LINE 11 PRIOR TO SUBMISSION TO THE IRS, FORM 990 IS PROVIDED TO THE PRINCIPAL OFFICER AND GOVERNING BODY OF THE ORGANIZATION FOR REVIEW FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION REVIEWS THE CONFLICT OF INTEREST POLICY ONCE A YEAR WITH THE BOARD OF DIR ECTORS & EMPLOYEES AND INQUIRE OF ANY MATERIAL CHANGES FORM 990, PART VI, SECTION B, LINE 15 COMPENSATION OF CEO IS DETERMINED BY AN EXAMINATION OF COMPARABLE DATA FOR OTHER CEO'S IN THE INDUSTRY COUNTRYWIDE AND IN THE CHICAGOLAND AREA THE INFORMATION FROM THAT RESEARCH I S SHARED WITH THE BOARD OF DIRECTORS WHO THEN APPROVE COMPENSATION FOR THE CEO NOTE THAT AN INDEPENDENT CONSULTANT IS NOT UTILIZED IN THE PROCESS FOR OTHER OFFICERS AND KEY EMPLO YEES THE COMPENSATION PROCESS IS THE SA ME WITH THE CEO HAVING FULL DISCRETION AS DELEGATED BY THE BOARD OF DIRECTORS FORM 990, PART VI, SECTION C, LINE 19 ALL GOVERNING DOCUMENTS, POLICIES, AND FINANCIAL STATEMENTS WILL BE AVAILABLE UPON REQUEST FORM 990, PART VII, COLUMN (B) JOHN TILLMAN DEVOTES APPROXIMATELY 1 HOUR PER WEEK TO A RELATED ORGANIZATION, LIBERTY JUST ICE CENTER, AND APPROXIMATELY 16 HOURS PER WEEK TO A RELATED ORGANIZATION, GOVERNMENT ACCO UNTABILITY ALLIANCE KRISTINA RASMUSSEN DEVOTES APPROXIMATELY 16 HOURS PER WEEK TO A RELAT ED ORGANIZATION, GOVERNMENT ACCOUNTABILITY ALLIANCE THADDEUS DABROWSKI DEVOTES APPROXIMAT ELY 10 HOURS PER WEEK TO A RELATED ORGANIZATION, GOVERNMENT ACCOUNTABILITY ALLIANCE JONAT HAN GREENBERG DEVOTES APPROXIMATELY 13 HOURS PER WEEK TO A RELATED ORGANIZATION, GOVERNMEN T ACCOUNTABILITY ALLIANCE FORM 990, PART IX, LINE 11G PAY ROLL PROCESSING PROGRAM SERVICE EXPENSES 4,678 MANAGEMENT AND GENERAL EXPENSES 290 F UNDRAISING EXPENSES 507 TOTAL EXPENSES 5,475 PHOTOGRAPHY AND VIDEO PROGRAM SERVICE EXPE NSES 57,695 MANAGEMENT AND GENERAL EXPENSES 350 FUNDRAISING EXPENSES 0 TOTAL EXPENSES 5 8,045 CONSULTING PROGRAM SERVICE EXPENSES 449,969 MANAGEMENT AND GENERAL EXPENSES 0 FU NDRAISING EXPENSES 70,698 TOTAL EXPENSES 520,667 OTHER SERVICE FEES PROGRAM SERVICE EXP ENSES 74,527 MANAGEMENT AND GENERAL EXPENSES 5,548 FUNDRAISING EXPENSES 1,500 TOTAL EXP ENSES 81,575 FORM 990, PART XII, LINE 1 THE ORGANIZATION USES THE MODIFIED CASH BASIS OF ACCOUNTING CERTAIN REVENUES ARE RECOGNIZ ED WHEN RECEIVED RATHER THAN WHEN EARNED AND CERTAIN EXPENSES ARE RECOGNIZED WHEN PAID RAT HER THAN WHEN THE OBLIGATION IS INCURRED MODIFICATIONS TO THE CASH BASIS OF ACCOUNTING IN CLUDE RECORDING DEPRECIATION ON PROPERTY AND EQUIPMENT AND ACCRUING FOR PAY ROLL TAXES, IF APPLICABLE FORM 990, PART XII, LINE 2C THERE HAS BEEN NO CHANGE IN THE PROCESS SINCE THE PRIOR YEAR ASSUMED NAMES OF ILLINOIS POLICY INSTITUTE COMMON SENSE WITH PAUL JACOB GREAT COMMUNICATORS BOOT CAMP ILLINOIS NEWS NETWORK GIVE ME A CHOICE WAUKEGAN Iefile GRAPHIC print - DO NOT PROCESS I As Filed Data - l DLN; 93493306009865 OMB No 1545-0047 SCHEDULE R Related Organizations and Unrelated Partnerships (Form 990) F- Complete if the organization answered "Yes" on Form 990, Part IV, line 33, 34, 35b, 36, or 37. h- Attach to Form 990. Open to Public Inspection h- Information about Schedule R (Form 990) and its instructions is at www.irs.gov [form990. Department of the Treasury Internal Revenue Servrce Name of the organization Employer identification number ILLINOIS POLICY INSTITUTE CO JOHN TILLMAN 41-2057028 m Identification of Disregarded Entities Complete if the organization answered "Yes" on Form 990, Part IV, line 33. (a) (b) (C) (d) (e) (0 Name, address, and EIN (if applicable) of disregarded entity Primary actiVity Legal domicile (state or foreign country) Total income End-of-year assets Direct controlling entity m Identification of Related Tax-Exempt Organizations Complete if the organization answered "Yes" on Form 990, Part IV, line 34 because it had one or more related tax-exempt organizations during the tax year. (a) (b) (C) (d) (e) (f) (9) Name, address, and EIN of related organization Primary actiVity Legal domicile (state or foreign country) Exempt Code section Public charity status (if section 501(c)(3)) Direct controlling entity Section 512(b) (13) controlled entity? Yes (1) LIBERTY JUSTICE CENTER 190 S LASALLE STREET 1500 CHICAGO, IL 60603 45-4204425 (2) GOVERNMENT ACCOUNTABILITY ALLIANCE 190 S LASALLE STREET 1500 CHICAGO, IL 60603 45-4204629 For Paperwork Reduction Act Notice, see the Instructions for Form 990. TO ADVANCE ECONOMIC AND SOCIAL LIBERTIES AND A FREE ENTERPRISE SOCIETY IL 501(c)(3) LINE 7 ILLINOIS POLICY INSTITUTE Yes INDEPENDENT GOVERNMENT WATCHDOG ADVOCATING FOR THE PEOPLE OF ILLINOIS IL 501(c)(4) LINE 7 ILLINOIS POLICY INSTITUTE Yes Cat No 50135Y No Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 Page 2 m Identification of Related Organizations Taxable as a Partnership Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 34 because It had one or more related organIzatIons treated as a partnershIp durIng the tax year. (a) (b) (C) (d) (e) Name, address, and EIN of related organIzatIon PrImary actIVIty Legal domICIle (state or foreIgn country) DIrect controllIng entIty PredomInant Income(related, unrelated, excluded from tax under sectIons 512514) (f) (9) (h) Yes Part IV (i) (J') (k) Share of Share of DIsproprtIonate Code V-UBI General or total Income end-of-year allocatIons7 amount In box managIng assets 20 of partner? Schedule K-1 (Form 1065) No Ya Percentage ownershIp No Identification of Related Organizations Taxable as a Corporation or Trust Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 34 because It had one or more related organIzatIons treated as a corporatIon or trust durIng the tax year. (a) (b) (C) (d) (e) (f) (9) (h) (i) Name, address, and EIN of related organIzatIon PrImary actIVIty Legal domICIle (state or foreIgn country) DIrect controllIng entIty Type of entIty (C corp, 5 corp, or trust) Share of total Income Share of endof-year assets Percentage ownershIp SectIon 512 (b)(13) controlled entIty7 Yes l_ No Schedule R (Form 990) 2014 ScheduleR(Form 990)2014 Page3 Transactions With Related Organizations Complete If the organIzatIon answered "Yes" on Form 990, Part IV, IIne 34, 35b, or 36. Note. Complete IIne 1Ifany entIty Is lIsted In Parts II, III, or IV ofthIs schedule Yes N0 1 DurIng the tax year, dId the orgranIzatIon engage In any ofthe followmg transactIons WIth one or more related organIzatIons lIsted In Parts II-IV? a ReceIpt of (i) Interest, (ii) annUItIes, (iii) royaltIes, or (iv) rent from a controlled entIty 1a b GIft, grant, or capItal contrIbutIon to related organIzatIon(s) 1b No Yes c GIft, grant, or capItal contrIbutIon from related organIzatIon(s) 1C N0 d Loans or loan guarantees to or for related organIzatIon(s) 1d N0 e Loans or loan guarantees by related organIzatIon(s) 1e N0 f DIVIdends from related organIzatIon(s) 1f N0 9 Sale ofassets to related organIzatIon(s) lg No h Purchase ofassets from related organIzatIon(s) 1h No i Exchange ofassets WIth related organIzatIon(s) 1i N0 j Lease offaCIlItIes, eqUIpment, or other assets to related organIzatIon(s) 15 N0 k Lease offaCIlItIes, eqUIpment, or other assets from related organIzatIon(s) 1k No 1' N0 I 2 Performance ofserVIces or membershIp orfundraISIng solICItatIons for related organIzatIon(s) m Performance ofserVIces or membershIp orfundraISIng solICItatIons by related organIzatIon(s) 1m n SharIng offaCIlItIes, eqUIpment, maIlIng lIsts, or other assets WIth related organIzatIon(s) 1n 0 SharIng of paId employees WIth related organIzatIon(s) 10 N0 Yes N0 p ReImbursement paId to related organIzatIon(s) for expenses 1p q ReImbursement paId by related organIzatIon(s) for expenses 1q Yes r Othertransferofcash or property to related organIzatIon(s) 1r No 5 Other transfer ofcash or property from related organIzatIon(s) 15 N0 N0 Ifthe answerto any of the above Is "Yes," see the InstructIons for InformatIon on who must complete thIs IIne, IncludIng covered relatIonshIps and transactIon thresholds (a) (b) (C) (d) Name of related organIzatIon TransactIon type (a-s) Amount Involved Method of detennInIng amount Involved (1) LIBERTY JUSTICE CENTER B 17,000 ACTUAL CASH (2) LIBERTY JUSTICE CENTER N 16,990 SEE PART VII (3) GOVERNMENT ACCOUNTABILITY ALLIANCE P 1,853,407 ACTUAL CASH Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 Page4 m Unrelated Organizations Taxable as a Partnership Complete If the organIzatIon answered "Yes" on Form 990, Part IV, lIne 37. PrOVIde the followmg InformatIon for each entIty taxed as a partnershIp through thch the organIzatIon conducted more than fIve percent of Its actIVItIes (measured by total assets or gross revenue) that was not a related organIzatIon See InstructIons regardIng exclu5Ion for certaIn Investment partnershIps (a) (b) (C) (d) (e) (f) (9) (h) (i) (J') (k) Name, address, and EIN of entIty PrImary actIVIty Legal domICIle (state or foreIgn country) PredomInant Income (related, unrelated, excluded from tax under sectIons 512514) Are all partners sectIon 501(c)(3) organIzatIons7 Share of total Income Share of end-of-year assets DIsproprtIonate allocatIons7 Code V-UBI amount In box 20 of Schedule K-1 (Form 1065) General or managIng partner? Percentage ownershIp Ya No Yes No Yes No Schedule R (Form 990) 2014 Schedule R (Form 990) 2014 m Page 5 Supplemental Information PrOVIde addItIonal Information for responses to questions on Schedule R (see Instructions) Ret urn Reference SCHEDULE R, PART v, LINE (2)(D) Explanation THE AMOUNT OF SHARED FACILITIES IS DETERMINED BY THE SQUARE FOOTAGE USED BY LIBERTY JUSTICE CENTER DIVIDED BY THE TOTAL SQUARE FOOTAGE LEASED Schedule R (Form 990) 2014