Dover : 2023 IRS 990-PF The Dover Foundation

Form 990-PF

Department of the Treasury Internal Revenue Service

Return of Private Foundation

or Section 4947(a)(1) Trust Treated as Private Foundation

Do not enter social security numbers on this form as it may be made public. Go to www.irs.gov/Form990PF for instructions and the latest information.

OMB No. 1545-0047

2023

Open to Public Inspection

For calendar year 2023 or tax year beginning	, and ending
Name of foundation	A Employer identification number

THE DOVER FOUNDATION

45-3137541

Number and street (or P.O. box number if mail is not delivered to street address)

Room/suite

B Telephone number

3005 HIGHLAND PARKWAY, SUITE 200

[phone]

City or town, state or province, country, and ZIP or foreign postal code

C If exemption application is pending, check here ~

DOWNERS GROVE, IL

60515

G Check all that apply:

Initial return

Initial return of a former public charity

D 1. Foreign organizations, check here ~~

Final return

Amended return

2. Foreign organizations meeting the 85% test,

Address change

Name change

check here and attach computation ~~~~

H

Check type of organization: X

Section 501(c)(3) exempt private foundation

E If private foundation status was terminated

Section 4947(a)(1) nonexempt charitable trust

Other taxable private foundation

under section 507(b)(1)(A), check here ~

I

Fair market value of all assets at end of year

J

Accounting method:

Cash

X Accrual

F If the foundation is in a 60-month termination

(from Part II, col. (c), line 16)

Other (specify)

under section 507(b)(1)(B), check here ~

$

24,729.

(Part I, column (d), must be on cash basis.)

Part I

Analysis of Revenue and Expenses

(a) Revenue and

(b) Net investment

(c) Adjusted net

(d) Disbursements

(The total of amounts in columns (b), (c), and (d) may not

expenses per books

income

income

for charitable purposes

necessarily equal the amounts in column (a).)

(cash basis only)

1

Contributions, gifts, grants, etc., received

~~~

2

Check

X

if the foundation is not required to attach Sch. B

Interest on savings and temporary

3

cash investments

~~~~~~~~~~~~~~

4

Dividends and interest from securities~~~~~

5a

Gross rents ~~~~~~~~~~~~~~~~

b

Net rental income or (loss)

Revenue

6a

Net gain or (loss) from sale of assets not on line 10

~~

b

Gross sales price for all

assets on line 6a

~~

0.

7

Capital gain net income (from Part IV, line 2) ~~~~~

8

Net short-term capital gain ~~~~~~~~~

9

Income modifications~~~~~~~~~~~~

Gross sales less returns

10a

and allowances

~~~~

1. Less: Cost of goods sold ~
2. Gross profit or (loss) ~~~~~~~~~~~~

11	Other income ~~~~~~~~~~~~~~~
12	Total. Add lines 1 through 11 	0.	0.	0.
13	Compensation of officers, directors, trustees, etc. ~~~	0.	0.	0.	0.

1. Other employee salaries and wages ~~~~~~
2. Pension plans, employee benefits ~~~~~~

	Expenses	16a	Legal fees ~~~~~~~~~~~~~~~~~
		b	Accounting fees ~~~~~~~~~~~~~~STMT 1		30,297.	15,149.	0.		15,148.
		c Other professional fees ~~~~~~~~~~~
	Administrative	17	Interest ~~~~~~~~~~~~~~~~~~
	21	Travel, conferences, and meetings ~~~~~~	1,055.	0.	0.		0.
		18	Taxes~~~~~~~~~~~~~~~~~~~STMT 2
		19	Depreciation and depletion ~~~~~~~~~
	and	20	Occupancy ~~~~~~~~~~~~~~~~
	22	Printing and publications ~~~~~~~~~~
	Operating	23	Other expenses ~~~~~~~~~~~~~~STMT 3			25.	0.	0.		25.
	24	Total operating and administrative	31,377.	15,149.	0.		15,173.
			expenses. Add lines 13 through 23 ~~~~~
		25	Contributions, gifts, grants paid ~~~~~~~			150,000.				150,000.
		26	Total expenses and disbursements.	181,377.	15,149.	0.		165,173.
			Add lines 24 and 25 
		27	Subtract line 26 from line 12:	-181,377.
		a	Excess of revenue over expenses and disbursements ~
		b	Net investment income (if negative, enter -0-)~~~				0.
		c Adjusted net income (if negative, enter -0-)				0.
	LHA For Paperwork Reduction Act Notice, see instructions.	323501 12-20-23				Form 990-PF (2023)
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00500505 149586 DOVER	2023.03040 THE DOVER FOUNDATION	DOVER__1

Form 990-PF (2023)	THE DOVER FOUNDATION			45-3137541	Page 2
			Balance Sheets Attached schedules and amounts in the description		Beginning of year	End of year
Part II
							column should be for end-of-year amounts only.		(a) Book Value	(b) Book Value	(c) Fair Market Value
	1	Cash - non-interest-bearing ~~~~~~~~~~~~~~~~~~		61,121.	24,729.	24,729.
	2	Savings and temporary cash investments ~~~~~~~~~~~~
	3	Accounts receivable
		Less: allowance for doubtful accounts
	4	Pledges receivable
		Less: allowance for doubtful accounts
	5	Grants receivable ~~~~~~~~~~~~~~~~~~~~~~~
	6	Receivables due from officers, directors, trustees, and other
		disqualified persons ~~~~~~~~~~~~~~~~~~~~~~
	7	Other notes and loans receivable ~~~~~~~~
		Less: allowance for doubtful accounts
Assets	8	Inventories for sale or use ~~~~~~~~~~~~~~~~~~~
9	Prepaid expenses and deferred charges ~~~~~~~~~~~~~
	10a	Investments - U.S. and state government obligations ~~~~~~~
	b	Investments - corporate stock ~~~~~~~~~~~~~~~~~
	c Investments - corporate bonds ~~~~~~~~~~~~~~~~~
	11	Investments - land, buildings, and equipment: basis ~~
		Less: accumulated depreciation ~~~~~~~~
	12	Investments - mortgage loans ~~~~~~~~~~~~~~~~~
	13	Investments - other ~~~~~~~~~~~~~~~~~~~~~~
	14	Land, buildings, and equipment: basis
		Less: accumulated depreciation ~~~~~~~~
	15	Other assets (describe			)
	16	Total assets (to be completed by all filers - see the		61,121.	24,729.	24,729.
		instructions. Also, see page 1, item I) 
	17	Accounts payable and accrued expenses ~~~~~~~~~~~~~		9,230.	4,215.
	18	Grants payable ~~~~~~~~~~~~~~~~~~~~~~~~
Liabilities	19	Deferred revenue ~~~~~~~~~~~~~~~~~~~~~~~
20	Loans from officers, directors, trustees, and other disqualified persons ~~~~		107,068.	257,068.
	21	Mortgages and other notes payable ~~~~~~~~~~~~~~~
	22	Other liabilities (describe		)
	23	Total liabilities (add lines 17 through 22) 		116,298.	261,283.
		Foundations that follow FASB ASC 958, check here ~~~~ X
Balances		and complete lines 24, 25, 29, and 30.		-55,177.	-236,554.
24	Net assets without donor restrictions ~~~~~~~~~~~~~~
	25	Net assets with donor restrictions ~~~~~~~~~~~~~~~~
Fund		Foundations that do not follow FASB ASC 958, check here ~
	and complete lines 26 through 30.
or	26	Capital stock, trust principal, or current funds ~~~~~~~~~~~
	Paid-in or capital surplus, or land, bldg., and equipment fund ~~~~
Assets	27
28	Retained earnings, accumulated income, endowment, or other funds ~
Net	29	Total net assets or fund balances~~~~~~~~~~~~~~~~		-55,177.	-236,554.
30	Total liabilities and net assets/fund balances 		61,121.	24,729.

Part III

Analysis of Changes in Net Assets or Fund Balances

	1	Total net assets or fund balances at beginning of year - Part II, column (a), line 29			-55,177.
		(must agree with end-of-year figure reported on prior year's return)	~~~~~~~~~~~~~~~~~~~~~~~~~~~		1
2	Enter amount from Part I, line 27a ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	2		-181,377.
3	Other increases not included in line 2 (itemize)				3		0.
4	Add lines 1, 2, and 3 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	4		-236,554.
5	Decreases not included in line 2 (itemize)				5		0.
	6	Total net assets or fund balances at end of year (line 4 minus line 5) - Part II, column (b), line 29 	6		-236,554.
									Form 990-PF (2023)
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Form 990-PF (2023)

THE DOVER FOUNDATION

45-3137541Page 3

Part IV

Capital Gains and Losses for Tax on Investment Income

(a) List and describe the kind(s) of property sold (for example, real estate,

(b) How acquired

(c) Date acquired

(d) Date sold

P - Purchase

2-story brick warehouse; or common stock, 200 shs. MLC Co.)

(mo., day, yr.)

(mo., day, yr.)

D - Donation

1a

b

NONE

c

d

e

(e)

Gross sales price

(f) Depreciation allowed

(g) Cost or other basis

(h) Gain or (loss)

(or allowable)

plus expense of sale

((e) plus (f) minus (g))

a

b

c

d

e

Complete only for assets showing gain in column (h) and owned by the foundation on 12/31/69.

(l) Gains (Col. (h) gain minus

(j) Adjusted basis

(k) Excess of col. (i)

col. (k), but not less than -0-)or

(i) FMV as of 12/31/69

Losses (from col. (h))

as of 12/31/69

over col. (j), if any

a

b

c

d

e

s

o

rIf gain, also enter in Part I, line 7

p

2 Capital gain net income or (net capital loss)

qIf (loss), enter -0- in Part I, line 7

~~~~~~

m

2

p

3 Net short-term capital gain or (loss) as defined in sections 1222(5) and (6):

m

If gain, also enter in Part I, line 8, column (c). See instructions. If (loss), enter -0- in

o

Part I, line 8 

3

Part V

Excise Tax Based on Investment Income (Section 4940(a), 4940(b), or 4948 - see instructions)

n

1a Exempt operating foundations described in section 4940(d)(2), check here ~

and enter "N/A" on line 1.

n

0.

Date of ruling or determination letter:

(attach copy of letter if necessary - see instructions)

p

1

b All other domestic foundations enter 1.39% (0.0139) of line 27b. Exempt foreign organizations, enter

m

4% (0.04) of Part I, line 12, col. (b) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

o

2 Tax under section 511 (domestic section 4947(a)(1) trusts and taxable foundations only; others, enter -0-)

~~~~~~

2

0.

3

Add lines 1 and 2 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

3

0.

4 Subtitle A (income) tax (domestic section 4947(a)(1) trusts and taxable foundations only; others, enter -0-)

~~~~~~

4

0.

5

Tax based on investment income. Subtract line 4 from line 3. If zero or less, enter -0- ~~~~~~~~~~~~~~~

5

0.

6

Credits/Payments:

38.

a

2023 estimated tax payments and 2022 overpayment credited to 2023

~~~~

6a

b

Exempt foreign organizations - tax withheld at source ~~~~~~~~~~~~

6b

0.

c

Tax paid with application for extension of time to file (Form 8868)~~~~~~~

6c

0.

d

Backup withholding erroneously withheld 

6d

0.

7

Total credits and payments. Add lines 6a through 6d ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

7

38.

8

Enter any penalty for underpayment of estimated tax. Check here

if Form 2220 is attached ~~~~~~~~~~

8

0.

9

Tax due. If the total of lines 5 and 8 is more than line 7, enter amount owed ~~~~~~~~~~~~~~~~~~~

9

10

Overpayment. If line 7 is more than the total of lines 5 and 8, enter the amount overpaid ~~~~~~~~~~~~~~

10

38.

11 Enter the amount of line 10 to be: Credited to 2024 estimated tax

38.

Refunded

11

0.

Form 990-PF (2023)

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Form 990-PF (2023)

THE DOVER FOUNDATION

45-3137541

Page 4

Part VI-A

Statements Regarding Activities

Yes

No

1a

During the tax year, did the foundation attempt to influence any national, state, or local legislation or did it participate or intervene in

any political campaign? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1a

X

b Did it spend more than $100 during the year (either directly or indirectly) for political purposes? See the instructions for the definition ~~~~

1b

X

If the answer is "Yes" to 1a or 1b, attach a detailed description of the activities and copies of any materials published or

distributed by the foundation in connection with the activities.

c Did the foundation file Form 1120-POL for this year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1c

X

d Enter the amount (if any) of tax on political expenditures (section 4955) imposed during the year:

(1) On the foundation.

$

0.

(2) On foundation managers.

$

0.

e Enter the reimbursement (if any) paid by the foundation during the year for political expenditure tax imposed on foundation

managers.

$

0.

2

Has the foundation engaged in any activities that have not previously been reported to the IRS?

~~~~~~~~~~~~~~~~~~~~

2

X

If "Yes," attach a detailed description of the activities.

3

Has the foundation made any changes, not previously reported to the IRS, in its governing instrument, articles of incorporation, or

bylaws, or other similar instruments? If "Yes," attach a conformed copy of the changes ~~~~~~~~~~~~~~~~~~~~~~~~

3

X

4a

Did the foundation have unrelated business gross income of $1,000 or more during the year?

~~~~~~~~~~~~~~~~~~~~~

4a

X

b

If "Yes," has it filed a tax return on Form 990-T for this year?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~N/A

4b

5

Was there a liquidation, termination, dissolution, or substantial contraction during the year? ~~~~~~~~~~~~~~~~~~~~~~

5

X

If "Yes," attach the statement required by General Instruction T.

6

Are the requirements of section 508(e) (relating to sections 4941 through 4945) satisfied either:

¥ By language in the governing instrument, or

¥ By state legislation that effectively amends the governing instrument so that no mandatory directions that conflict with the state law

remain in the governing instrument? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

6

X

7

Did the foundation have at least $5,000 in assets at any time during the year? If "Yes," complete Part II, col. (c), and Part XIV ~~~~~~~~

7

X

8a

Enter the states to which the foundation reports or with which it is registered. See instructions.

IL

b If the answer is "Yes" to line 7, has the foundation furnished a copy of Form 990-PF to the Attorney General (or designate)

of each state as required by General Instruction G? If "No," attach explanation ~~~~~~~~~~~~~~~~~~~~~~~~~~~

8b

X

9

Is the foundation claiming status as a private operating foundation within the meaning of section 4942(j)(3) or 4942(j)(5) for calendar

year 2023 or the tax year beginning in 2023? See the instructions for Part XIII. If "Yes," complete Part XIII ~~~~~~~~~~~~~~~~

9

X

10

Did any persons become substantial contributors during the tax year? If "Yes," attach a schedule listing their names and addresses



10

X

11

At any time during the year, did the foundation, directly or indirectly, own a controlled entity within the meaning of

X

section 512(b)(13)? If "Yes," attach schedule. See instructions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

11

12

Did the foundation make a distribution to a donor advised fund over which the foundation or a disqualified person had advisory privileges?

X

If "Yes," attach statement. See instructions

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

12

13

Did the foundation comply with the public inspection requirements for its annual returns and exemption application? ~~~~~~~~~~~

13

X

Website address

DOVERFOUNDATION.ORG

14

The books are in care of

THE DOVER FOUNDATION

Telephone no.

[phone]

Located at

3005

HIGHLAND PARKWAY,SUITE 200, DOWNERS GROVE, IL

ZIP+4

60515

15

Section 4947(a)(1) nonexempt charitable trusts filing Form 990-PF in lieu of Form 1041 - check here ~~~~~~~~~~~~~~~~~~~~~~~~~

N/A

and enter the amount of tax-exempt interest received or accrued during the year ~~~~~~~~~~~~~~~~~~~~

15

16

At any time during calendar year 2023, did the foundation have an interest in or a signature or other authority over a bank,

Yes

No

securities, or other financial account in a foreign country?

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

16

X

See the instructions for exceptions and filing requirements for FinCEN Form 114. If "Yes," enter the name of the

foreign country

Form 990-PF (2023)

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Form 990-PF (2023)

THE DOVER FOUNDATION

45-3137541

Page 5

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required

Yes

No

File Form 4720 if any item is checked in the "Yes" column, unless an exception applies.

1a

During the year, did the foundation (either directly or indirectly):

(1) Engage in the sale or exchange, or leasing of property with a disqualified person?

~~~~~~~~~~~~~~~~~~~~~~~~

1a(1)

X

(2) Borrow money from, lend money to, or otherwise extend credit to (or accept it from)

a disqualified person? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1a(2)

X

(3) Furnish goods, services, or facilities to (or accept them from) a disqualified person?

~~~~~~~~~~~~~~~~~~~~~~~

1a(3)

X

(4) Pay compensation to, or pay or reimburse the expenses of, a disqualified person?

~~~~~~~~~~~~~~~~~~~~~~~~

1a(4)

X

(5) Transfer any income or assets to a disqualified person (or make any of either available

for the benefit or use of a disqualified person)?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1a(5)

X

(6) Agree to pay money or property to a government official? (Exception. Check "No"

if the foundation agreed to make a grant to or to employ the official for a period after

termination of government service, if terminating within 90 days.)

~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1a(6)

X

b If any answer is "Yes" to 1a(1)-(6), did any of the acts fail to qualify under the exceptions described in Regulations

section 53.4941(d)-3 or in a current notice regarding disaster assistance? See instructions

~~~~~~~~~~~~~~~~~~~~~~

1b

X

c Organizations relying on a current notice regarding disaster assistance, check here ~~~~~~~~~~~~~~~~~~~~~~~

d Did the foundation engage in a prior year in any of the acts described in 1a, other than excepted acts, that were not corrected

before the first day of the tax year beginning in 2023?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

1d

X

2

Taxes on failure to distribute income (section 4942) (does not apply for years the foundation was a private operating foundation

defined in section 4942(j)(3) or 4942(j)(5)):

a At the end of tax year 2023, did the foundation have any undistributed income (Part XII, lines

6d and 6e) for tax year(s) beginning before 2023? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

2a

X

If "Yes," list the years

,

,

,

b Are there any years listed in 2a for which the foundation is not applying the provisions of section 4942(a)(2) (relating to incorrect

valuation of assets) to the year's undistributed income? (If applying section 4942(a)(2) to

all years listed, answer "No" and attach

statement - see instructions.) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~N/A

2b

c If the provisions of section 4942(a)(2) are being applied to any of the years listed in 2a, list the years here.

,

,

,

3a

Did the foundation hold more than a 2% direct or indirect interest in any business enterprise at any time

during the year? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

3a

X

b If "Yes," did it have excess business holdings in 2023 as a result of (1) any purchase by the foundation or disqualified persons after

May 26, 1969; (2) the lapse of the 5-year period (or longer period approved by the Commissioner under section 4943(c)(7)) to dispose

of holdings acquired by gift or bequest; or (3) the lapse of the 10-,15-, or 20-year first phase holding period? (Use Form 4720,

Schedule C, to determine if the foundation had excess business holdings in 2023.) ~~~~~~~~~~~~~~~~~~~~~~~~~~N/A

3b

4a

Did the foundation invest during the year any amount in a manner that would jeopardize its charitable purposes? ~~~~~~~~~~~~~

4a

X

b Did the foundation make any investment in a prior year (but after December 31, 1969) that could jeopardize its charitable purpose that

had not been removed from jeopardy before the first day of the tax year beginning in 2023? 

4b

X

Form 990-PF (2023)

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00500505 149586 DOVER	2023.03040 THE DOVER FOUNDATION	DOVER__1

Form 990-PF (2023)

THE DOVER FOUNDATION

45-3137541

Page 6

Part VI-B

Statements Regarding Activities for Which Form 4720 May Be Required (continued)

Yes

No

5a

During the year, did the foundation pay or incur any amount to:

(1) Carry on propaganda, or otherwise attempt to influence legislation (section 4945(e))? ~~~~~~~~~~~~~~~~~~~~~~~

5a(1)

X

(2) Influence the outcome of any specific public election (see section 4955); or to carry on, directly or indirectly,

any voter registration drive? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

5a(2)

X

(3) Provide a grant to an individual for travel, study, or other similar purposes? ~~~~~~~~~~~~~~~~~~~~~~~~~~~

5a(3)

X

(4) Provide a grant to an organization other than a charitable, etc., organization described in section

4945(d)(4)(A)? See instructions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

5a(4)

X

(5) Provide for any purpose other than religious, charitable, scientific, literary, or educational purposes, or for

the prevention of cruelty to children or animals? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

5a(5)

X

b If any answer is "Yes" to 5a(1)-(5), did any of the transactions fail to qualify under the exceptions described in Regulations

section 53.4945 or in a current notice regarding disaster assistance? See instructions ~~~~~~~~~~~~~~~~~~~~~~~~N/A

5b

c Organizations relying on a current notice regarding disaster assistance, check here ~~~~~~~~~~~~~~~~~~~~~~~

d If the answer is "Yes" to question 5a(4), does the foundation claim exemption from the tax because it maintained

expenditure responsibility for the grant?~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~N/A

5d

If "Yes," attach the statement required by Regulations section 53.4945-5(d).

6a Did the foundation, during the year, receive any funds, directly or indirectly, to pay premiums on

a personal benefit contract? ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~

6a

X

b Did the foundation, during the year, pay premiums, directly or indirectly, on a personal benefit contract?

~~~~~~~~~~~~~~~~

6b

X

If "Yes" to 6b, file Form 8870.

7a At any time during the tax year, was the foundation a party to a prohibited tax shelter transaction? ~~~~~~~~~~~~~~~~~~~

7a

X

b If "Yes," did the foundation receive any proceeds or have any net income attributable to the transaction? N/A

7b

8 Is the foundation subject to the section 4960 tax on payment(s) of more than $1,000,000 in remuneration or

excess parachute payment(s) during the year? 

8

X

Part VII

Information About Officers, Directors, Trustees, Foundation Managers, Highly

Paid Employees, and Contractors

1 List all officers, directors, trustees, and foundation managers and their compensation.

(b) Title, and average

(c) Compensation

(d) Contributions to

(e) Expense

(a) Name and address

hours per week devoted

(If not paid,

employee benefit plans

account, other

and deferred

to position

enter -0-)

compensation

allowances

IVONNE M.CABRERA

DIRECTOR

3005 HIGHLAND PARKWAY, SUITE 200

0.50

0.

0.

0.

DOWNERS GROVE, IL 60515

ADRIAN SAKOWICZ

PRESIDENT

3005 HIGHLAND PARKWAY, SUITE 200

1.00

0.

0.

0.

DOWNERS GROVE, IL 60515

AMY E. WARD

SECRETARY

3005 HIGHLAND PARKWAY, SUITE 200

0.50

0.

0.

0.

DOWNERS GROVE, IL 60515

SEJAL PATEL

TREASURER

3005 HIGHLAND PARKWAY, SUITE 200

0.50

0.

0.

0.

DOWNERS GROVE, IL 60515

2 Compensation of five highest-paid employees (other than those included on line 1). If none, enter "NONE."

(b) Title, and average

(d) Contributions to

(e) Expense

(a) Name and address of each employee paid more than $50,000

hours per week

(c) Compensation

employee benefit plans

account, other

and deferred

devoted to position

compensation

allowances

NONE

	Total number of other employees paid over $50,000			0
			Form 990-PF (2023)
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Form 990-PF (2023)	THE DOVER FOUNDATION	45-3137541	Page 7
Part VII		Information About Officers, Directors, Trustees, Foundation Managers, Highly
		Paid Employees, and Contractors (continued)
3 Five highest-paid independent contractors for professional services. If none, enter "NONE."
			(a) Name and address of each person paid more than $50,000	(b) Type of service	(c) Compensation
	NONE

Total number of others receiving over $50,000 for professional services 

Part VIII-A Summary of Direct Charitable Activities

0

List the foundation's four largest direct charitable activities during the tax year. Include relevant statistical information such as the	Expenses
number of organizations and other beneficiaries served, conferences convened, research papers produced, etc.

1 N/A

2

3

4

Part VIII-B Summary of Program-Related Investments

Describe the two largest program-related investments made by the foundation during the tax year on lines 1 and 2.

Amount

1 N/A

2

All other program-related investments. See instructions.

3

Total. Add lines 1 through 3 	0.
	Form 990-PF (2023)

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Form 990-PF (2023)

THE DOVER FOUNDATION

45-3137541Page 8

Part IX

Minimum Investment Return (All domestic foundations must complete this part. Foreign foundations, see instructions.)

1	Fair market value of assets not used (or held for use) directly in carrying out charitable, etc., purposes:			0.
a	Average monthly fair market value of securities ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	1a
b	Average of monthly cash balances ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	1b		45,261.
c	Fair market value of all other assets (see instructions) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	1c
d	Total (add lines 1a, b, and c) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	1d		45,261.
e	Reduction claimed for blockage or other factors reported on lines 1a and			0.
	1c (attach detailed explanation) ~~~~~~~~~~~~~~~~~~~~~~	1e				0.
2	Acquisition indebtedness applicable to line 1 assets ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	2
3	Subtract line 2 from line 1d~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	3		45,261.
4	Cash deemed held for charitable activities. Enter 1.5% (0.015) of line 3 (for greater amount, see instructions) ~~~~~~	4		679.
5	Net value of noncharitable-useassets. Subtract line 4 from line 3 ~~~~~~~~~~~~~~~~~~~~~~~~	5		44,582.
6	Minimum	investment return. Enter 5% (0.05) of line 5		6		2,229.
Part X	Distributable Amount (see instructions) (Section 4942(j)(3) and (j)(5) private operating foundations and certain
		foreign organizations, check here	and do not complete this part.)
1	Minimum investment return from Part IX, line 6 	1		2,229.
2a	Tax on investment income for 2023 from Part V, line 5	~~~~~~~~~~~	2a
b	Income tax for 2023. (This does not include the tax from Part V.) ~~~~~~~	2b					0.
c	Add lines 2a and 2b ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	2c
3	Distributable amount before adjustments. Subtract line 2c from line 1 ~~~~~~~~~~~~~~~~~~~~~~~	3		2,229.
4	Recoveries of amounts treated as qualifying distributions ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	4		0.
5	Add lines 3 and 4 ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	5		2,229.
6	Deduction from distributable amount (see instructions)	~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	6		0.
7	Distributable amount as adjusted. Subtract line 6 from line 5. Enter here and on Part XII, line 1		7		2,229.
		Qualifying Distributions (see instructions)
Part XI
1	Amounts paid (including administrative expenses) to accomplish charitable, etc., purposes:				165,173.
a	Expenses, contributions, gifts, etc. - total from Part I, column (d), line 26 ~~~~~~~~~~~~~~~~~~~~~~	1a
b	Program-related investments - total from Part VIII-B ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	1b		0.
2	Amounts paid to acquire assets used (or held for use) directly in carrying out charitable, etc., purposes ~~~~~~~~~	2
3	Amounts set aside for specific charitable projects that satisfy the:
a	Suitability test (prior IRS approval required)~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	3a
b	Cash distribution test (attach the required schedule) ~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~~	3b
4	Qualifying distributions. Add lines 1a through 3b. Enter here and on Part XII, line 4		4		165,173.

Form 990-PF (2023)

323571 12-20-23	8
00500505 149586 DOVER	2023.03040 THE DOVER FOUNDATION	DOVER__1

Form 990-PF (2023)

THE DOVER FOUNDATION

45-3137541Page 9

Undistributed Income (see instructions)

Part XII

(a)

(b)

(c)

(d)

Corpus

Years prior to 2022

2022

2023

1 Distributable amount for 2023 from Part X,

2,229.

line 7 ~~~~~~~~~~~~~~~~~

2

Undistributed income, if any, as of the end of 2023:

0.

a Enter amount for 2022 only ~~~~~~~

b Total for prior years:

0.

,

,

3

Excess distributions carryover, if any, to 2023:

a From 2018

~~~

2,044,135.

b From 2019

~~~

1,553,078.

c From 2020

~~~

1,215,674.

d From 2021

~~~

1,350,818.

e From 2022

~~~

1,938,094.

8,101,799.

f Total of lines 3a through e ~~~~~~~~

4 Qualifying distributions for 2023 from

Part XI, line 4: $

165,173.

0.

a Applied to 2022, but not more than line 2a ~

b Applied to undistributed income of prior

0.

years (Election required - see instructions) ~

c Treated as distributions out of corpus

0.

(Election required - see instructions)

~~~

d Applied to 2023 distributable amount

~~~

2,229.

e Remaining amount distributed out of corpus

162,944.

5

Excess distributions carryover applied to 2023

0.

0.

(If an amount appears in column (d), the same amount

must be shown in column (a).)

~~~~~~~~

6 Enter the net total of each column as

indicated below:

8,264,743.

a Corpus. Add lines 3f, 4c, and 4e. Subtract line 5 ~~

b Prior years' undistributed income. Subtract

0.

line 4b from line 2b ~~~~~~~~~~~

c Enter the amount of prior years'

undistributed income for which a notice of

deficiency has been issued, or on which

the section 4942(a) tax has been previously

0.

assessed

~~~~~~~~~~~~~~~

d Subtract line 6c from line 6b. Taxable

0.

amount - see instructions ~~~~~~~~

e Undistributed income for 2022. Subtract line

0.

4a from line 2a. Taxable amount - see instr.~

1. Undistributed income for 2023. Subtract

		lines 4d and 5 from line 1. This amount must				0.
		be distributed in 2024 ~~~~~~~~~~
7	Amounts treated as distributions out of
		corpus to satisfy requirements imposed by
		section 170(b)(1)(F) or 4942(g)(3) (Election	0.
		may be required - see instructions) ~~~~
8	Excess distributions carryover from 2018	2,044,135.
		not applied on line 5 or line 7 ~~~~~~~
9	Excess distributions carryover to 2024.	6,220,608.
		Subtract lines 7 and 8 from line 6a ~~~~
10	Analysis of line 9:	1,553,078.
		a Excess from 2019 ~
		b Excess from 2020 ~	1,215,674.
		c Excess from 2021 ~	1,350,818.
		d Excess from 2022 ~	1,938,094.
		e Excess from 2023 	162,944.
323581 12-20-23		9		Form 990-PF (2023)
00500505 149586 DOVER	2023.03040 THE DOVER FOUNDATION	DOVER__1

Form 990-PF (2023)	THE DOVER FOUNDATION	45-3137541Page 10
Part XIII	Private Operating Foundations (see instructions and Part VI-A, question 9)	N/A

1 a If the foundation has received a ruling or determination letter that it is a private operating

foundation, and the ruling is effective for 2023, enter the date of the ruling ~~~~~~~~~~~~~
b Check box to indicate whether the foundation is a private operating foundation described in section	~~~	4942(j)(3) or	4942(j)(5)
2 a Enter the lesser of the adjusted net	Tax year	Prior 3 years
income from Part I or the minimum	(a) 2023	(b) 2022	(c) 2021	(d) 2020		(e) Total
investment return from Part IX for
each year listed ~~~~~~~~~
b 85% (0.85) of line 2a ~~~~~~

1. Qualifying distributions from Part XI, line 4, for each year listed ~~~~~
2. Amounts included in line 2c not used directly for active conduct of exempt activities ~~~~~~~~~
3. Qualifying distributions made directly for active conduct of exempt activities.

Subtract line 2d from line 2c~~~~

3 Complete 3a, b, or c for the

alternative test relied upon:

1. "Assets" alternative test - enter:
2. 1. Value of all assets ~~~~~~
   2. Value of assets qualifying
      under section 4942(j)(3)(B)(i) ~
3. "Endowment" alternative test - enter 2/3 of minimum investment return shown in Part IX, line 6, for each year listed ~~~~~~~~~~~~~~
4. "Support" alternative test - enter:
5. 1. Total support other than gross investment income (interest, dividends, rents, payments on securities loans (section 512(a)(5)), or royalties) ~~~~
   2. Support from general public and 5 or more exempt organizations as provided in section 4942(j)(3)(B)(iii) ~~~
   3. Largest amount of support from an exempt organization ~~~~
   4. Gross investment income 

Part XIV Supplementary Information (Complete this part only if the foundation had $5,000 or more in assets at any time during the year-see instructions.)

1 Information Regarding Foundation Managers:

1. List any managers of the foundation who have contributed more than 2% of the total contributions received by the foundation before the close of any tax year (but only if they have contributed more than $5,000). (See section 507(d)(2).)

NONE

1. List any managers of the foundation who own 10% or more of the stock of a corporation (or an equally large portion of the ownership of a partnership or other entity) of which the foundation has a 10% or greater interest.

NONE

2 Information Regarding Contribution, Grant, Gift, Loan, Scholarship, etc., Programs:
Check here	X	if the foundation only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. If

the foundation makes gifts, grants, etc., to individuals or organizations under other conditions, complete items 2a, b, c, and d.

1. The name, address, and telephone number or email address of the person to whom applications should be addressed:
2. The form in which applications should be submitted and information and materials they should include:
3. Any submission deadlines:
4. Any restrictions or limitations on awards, such as by geographical areas, charitable fields, kinds of institutions, or other factors:

	323601 12-20-23	10	Form 990-PF (2023)
00500505 149586 DOVER	2023.03040 THE DOVER FOUNDATION	DOVER__1