2220 Underpayment of Estimated Tax by Corporations

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1 Form Department of the Treasury Internal Revenue Service Name See separate instructions. Attach to the corporation s tax return. Note: Generally, the corporation is not required to file Form 20 (see Part II below for exceptions) because the IRS will figure any penalty owed and bill the corporation. However, the corporation may still use Form 20 to figure the penalty. If so, enter the amount from page 2, line 38 on the estimated tax penalty line of the corporation s income tax return, but do not attach Form 20. Part I 20 Underpayment of Estimated Tax by Corporations OMB No Form 0-PF Employer identification number Foundation [Consolidated] Required Annual Payment Total tax (see instructions) a Personal holding company tax (Schedule PH (Form ), line ) included on line 1 b Look-back interest included on line 1 under section 0(b)(2) for completed long-term contracts or section (g) for depreciation under the income forecast method 2a 2b c Credit for federal tax paid on fuels (see instructions) 2c d Total. Add lines 2a through 2c 3 Subtract line 2d from line 1. If the result is less than 500, do not complete or file this form. The corporation does not owe the penalty Enter the tax shown on the corporation s 20 income tax return (see instructions). Caution: If the tax is zero or the tax year was for less than, skip this line and enter the amount from line 3 on line 5 2d Required annual payment. Enter the smaller of line 3 or line. If the corporation is required to skip line, enter the amount from line 3 5 Part II Reasons for Filing - Check the boxes below that apply. If any boxes are checked, the corporation must file Form 20 even if it does not owe a penalty (see instructions). 8 The corporation is using the adjusted seasonal method. X The corporation is using the annualized income method. X The corporation is a "large corporation" figuring its first required based on the prior year s tax. Part III Figuring the Underpayment 11 Installment due dates. Enter in columns (a) through (d) the th day of the th ( Form 0-PF filers: Use 5th month), th, th, and th of the corporation s tax year Required s. If the box on line and/or line above is checked, enter the amounts from Sch A, line 38. If the box on line 8 (but not or ) is checked, see instructions for the amounts to enter. If none of these boxes are checked, enter % of line 5 above in each column. Estimated tax paid or credited for each period (see instructions). For column (a) only, enter the amount from line 11 on line Complete lines through of one column before going to the next column. Enter amount, if any, from line of the preceding column Add lines 11 and Add amounts on lines and of the preceding column Subtract line from line. If zero or less, enter -0- If the amount on line is zero, subtract line from line. Otherwise, enter -0- Underpayment. If line is less than or equal to line, subtract line from line. Then go to line of the next column. Otherwise, go to line Overpayment. If line is less than line, subtract line from line. Then go to line of the next column 11 Go to Part IV on page 2 to figure the penalty. Do not go to Part IV if there are no entries on line - no penalty is owed //11 0//11 0//11 // JWA For Paperwork Reduction Act Notice, see separate instructions

2 Form 0-PF Part IV Figuring the Penalty Foundation [Consolidated] Page 2 1 Enter the date of payment or the th day of the 3rd month after the close of the tax year, whichever is earlier (see instructions). (Form 0-PF and Form 0-T filers: Use 5th month instead of 3rd month.) 20 Number of days from due date of on line to the date shown on line Number of days on line 20 after //2011 and before /1/ Underpayment on line x Number of days on line 21 x % 23 Number of days on line 20 after 0//2011 and before /1/ Underpayment on line x Number of days on line 23 x % 2 Number of days on line 20 after //2011 and before 1/1/20 Underpayment on line x Number of days on line x 3% Number of days on line 20 after //2011 and before /1/20 Underpayment on line x Number of days on line x 3% 2 Number of days on line 20 after 3//20 and before /1/20 2 Underpayment on line x Number of days on line 2 x *% Number of days on line 20 after //20 and before /01/20 Underpayment on line x Number of days on line x *% Number of days on line 20 after //20 and before 1/1/20 Underpayment on line x Number of days on line x *% Number of days on line 20 after //20 and before 2//20 Underpayment on line x Number of days on line x *% 3 Add lines, 2,,,,,, and 3 38 Penalty. Add columns (a) through (d) of line 3. Enter the total here and on Form ; line ; or the comparable line for other income tax returns * Use the penalty interest rate for each calendar quarter, which the IRS will determine during the first month in the preceding quarter. These rates are published quarterly in an IRS News Release and in a revenue ruling in the Internal Revenue Bulletin. To obtain this information on the Internet, access the IRS website at You can also call to get interest rate information JWA

3 Foundation [Consolidated] Form 0-PF Page 3 Schedule A Adjusted Seasonal Installment Method and Annualized Income Installment Method (see instructions) Form S filers: For lines 1, 2, 3, and 21, below, "taxable income" refers to excess net passive income or the amount on which tax is imposed under section (a), whichever applies. Part I - Adjusted Seasonal Installment Method (Caution: Use this method only if the base period percentage for any consecutive is at least 0%. See instructions.) First 3 First 5 First 8 First 11 1 Enter taxable income for the following periods: atax year beginning in a btax year beginning in 200 1b c Tax year beginning in 20 2 Enter taxable income for each period for the tax year beginning in (see instructions for the treatment of extraordinary items). 3 Enter taxable income for the following periods: 1c 2 First First First Entire year atax year beginning in a btax year beginning in 200 3b c Tax year beginning in 20 Divide the amount in each column on line 1a by the amount in column (d) on line 3a 5 Divide the amount in each column on line 1b by the amount in column (d) on line 3b Divide the amount in each column on line 1c by the amount in column (d) on line 3c 3c 5 Add lines through 8 Divide line by 3.0 adivide line 2 by line 8 bextraordinary items (see instructions) c Add lines a and b Figure the tax on the amt on ln c using the instr for Form, Sch J, ln 2 (or comparable ln of corp s return) 11aDivide the amount in columns (a) through (c) on line 3a by the amount in column (d) on line 3a bdivide the amount in columns (a) through (c) on line 3b by the amount in column (d) on line 3b c Divide the amount in columns (a) through (c) on line 3c by the amount in column (d) on line 3c Add lines 11a though 11c Divide line by 3.0 Multiply the amount in columns (a) through (c) of line by columns (a) through (c) of line. In column (d), enter the amount from line, column (d) Enter any alternative minimum tax for each payment period (see instructions) 8 a b c 11a 11b 11c 1 Enter any other taxes for each payment period (see instr) Add lines through For each period, enter the same type of credits as allowed on Form 20, lines 1 and 2c (see instructions) Total tax after credits. Subtract line from line. If zero or less, enter JWA 1

4 Foundation [Consolidated] Form 0-PF Page Part II - Annualized ** Income Installment Method First 2 First 3 First First 20 Annualization periods (see instructions) Enter taxable income for each annualization period (see instructions for the treatment of extraordinary items) Annualization amounts (see instructions) aAnnualized taxable income. Multiply line 21 by line bextraordinary items (see instructions) c Add lines 23a and 23b 2 Figure the tax on the amount on line 23c using the instructions for Form, Schedule J, line 2 (or comparable line of corporation s return) Enter any alternative minimum tax for each payment period (see instructions) 23a 23b 23c Enter any other taxes for each payment period (see instr) 2 Total tax. Add lines 2 through For each period, enter the same type of credits as allowed on Form 20, lines 1 and 2c (see instructions) Total tax after credits. Subtract line from line. If zero or less, enter Applicable percentage % 50% 5% 0% Multiply line 2 by line Part III - Required Installments Note: Complete lines through 38 of one column before completing the next column. If only Part I or Part II is completed, enter the amount in each column from line 1 or line. If both parts are completed, enter the smaller of the amounts in each column from line 1 or line Add the amounts in all preceding columns of line 38 (see instructions) Adjusted seasonal or annualized income s. Subtract line from line. If zero or less, enter -0- Enter % of line 5 on page 1 of Form 20 in each column. Note: "Large corporations," see the instructions for line for the amounts to enter Subtract line 38 of the preceding column from line 3 of the preceding column 1st 2nd 3rd th Add lines and Required s. Enter the smaller of line or line 3 here and on page 1 of Form 20, line (see instructions) ** Annualized Income Installment Method Using Standard Option JWA

5 Form Department of the Treasury Internal Revenue Service Name of exempt organization Part I 853-EO Exempt Organization Declaration and Signature for Electronic Filing For calendar year 2011, or tax year beginning, 2011, and ending, 20 OMB No. 5- For use with Forms 0, 0-EZ, 0-PF, -POL, and 888 J See instructions. Employer identification number Foundation [Consolidated] Type of Return and Return Information (Whole Dollars Only) 2011 Check the box for the type of return being filed with Form 853-EO and enter the applicable amount, if any, from the return. If you check the box on line 1a, 2a, 3a, a, or 5a below and the amount on that line of the return being filed with this form was blank, then leave line 1b, 2b, 3b, b, or 5b, whichever is applicable, blank (do not enter -0-). If you entered -0- on the return, then enter -0- on the applicable line below. Do not complete more than one line in Part I. 1a Form 0 check here J b Total revenue, if any (Form 0, Part VIII, column (A), line ) 1b 2a Form 0-EZ check here J b Total revenue, if any (Form 0-EZ, line ) 2b 3a Form -POL check here J b Total tax (Form -POL, line ) 3b a Form 0-PF check here J X b Tax based on investment income (Form 0-PF, Part VI, line 5) b 520 5a Form 888 check here J b Balance due (Form 888, Part I, line 3c or Part II, line 8c) 5b Part II Declaration of Officer I authorize the U.S. Treasury and its designated Financial Agent to initiate an Automated Clearing House (ACH) electronic funds withdrawal (direct debit) entry to the financial institution account indicated in the tax preparation software for payment of the organization s federal taxes owed on this return, and the financial institution to debit the entry to this account. To revoke a payment, I must contact the U.S. Treasury Financial Agent at no later than 2 business days prior to the payment (settlement) date. I also authorize the financial institutions involved in the processing of the electronic payment of taxes to receive confidential information necessary to answer inquiries and resolve issues related to the payment. If a copy of this return is being filed with a state agency(ies) regulating charities as part of the IRS Fed/State program, I certify that I executed the electronic disclosure consent contained within this return allowing disclosure by the IRS of this Form 0/0-EZ/0-PF (as specifically identified in Part I above) to the selected state agency(ies). Under penalties of perjury, I declare that I am an officer of the above named organization and that I have examined a copy of the organization s 2011 electronic return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. I further declare that the amount in Part I above is the amount shown on the copy of the organization s electronic return. I consent to allow my intermediate service provider, transmitter, or electronic return originator (ERO) to send the organization s return to the IRS and to receive from the IRS (a) an acknowledgement of receipt or reason for rejection of the transmission, (b) the reason for any delay in processing the return or refund, and (c) the date of any refund. Sign Here Part III 11// VP and CFO = = Signature of officer Date Title Declaration of Electronic Return Originator (ERO) and Paid Preparer (see instructions) I declare that I have reviewed the above organization s return and that the entries on Form 853-EO are complete and correct to the best of my knowledge. If I am only a collector, I am not responsible for reviewing the return and only declare that this form accurately reflects the data on the return. The organization officer will have signed this form before I submit the return. I will give the officer a copy of all forms and information to be filed with the IRS, and have followed all other requirements in Pub. 3, Modernized e-file (MeF) Information for Authorized IRS e-file Providers for Business Returns. If I am also the Paid Preparer, under penalties of perjury I declare that I have examined the above organization s return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. This Paid Preparer declaration is based on all information of which I have any knowledge. ERO s Use Only ERO s signature Firm s name (or yours if self-employed), address, and ZIP code Date Check if also paid preparer Check if selfemployed ERO s SSN or PTIN Under penalties of perjury, I declare that I have examined the above return and accompanying schedules and statements, and to the best of my knowledge and belief, they are true, correct, and complete. Declaration of preparer is based on all information of which the preparer has any knowledge. Print/Type preparer s name Preparer s signature Date Check if PTIN Paid Preparer Use Only LHA For Privacy Act and Paperwork Reduction Act Notice, see the instructions = Firm s name Firm s address = 11// John D & Catherine T MacArthur Foundatio EIN S. Dearborn St, Suite 00 Phone no. Chicago, IL (2) // self- employed P0 Firm s EIN 3-00 Quarles & Brady LLP 0 North LaSalle St. Suite 000 Phone no. Chicago, IL Form 853-EO (2011)