MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION (EIN 36-3191202)
- Tax period
- 2022-07-01 to 2023-06-30
- Filed
- 2024-01-20
- IRS object ID
- 202420209349300407
- Schema version
- 2022v5.0
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-01-20T10:58:46-08:00 | ReturnTs |
| Tax Period End | 2023-06-30 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 134096443 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | FIDUCIAL EXPERTISE #9648 CHICAGO SOUTH | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 7420 W COLLEGE DR | AddressLine1Txt |
| City | PALOS HEIGHTS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60463 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-07-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363191202 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | MORA | BusinessNameControlTxt |
| Phone | 7089745740 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9000 WEST COLLEGE PARKWAY - BUILDIN | AddressLine1Txt |
| City | PALOS HILLS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60465 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN WADE | PersonNm |
| Person Title | TREASURER | PersonTitleTxt |
| Phone | 7089745740 | PhoneNum |
| Signature | 2024-01-17 | SignatureDt |
| Discuss With Paid Preparer | Yes (true) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | SUSAN | PersonFirstNm |
| Person Last | WADE | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (true) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MARK MERMAN CPA | PreparerPersonNm |
| PTIN | P01478008 | PTIN |
| Phone | 7084487100 | PhoneNum |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 3 | TrustedCustomerCd |
| Authentication Assurance Level | AAL1 | AuthenticationAssuranceLevelCd |
| Identity Assurance Level | IAL1 | IdentityAssuranceLevelCd |
| Federated Assurance Level | FAL1 | FederatedAssuranceLevelCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2022 | TaxYr |
| Build TS | 2023-04-26 12:10:37Z | BuildTS |
Form 990 IRS990
Principal Ofcr Business Name PrincipalOfcrBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | SUSAN WADE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9000 WEST COLLEGE PARKWAY | AddressLine1Txt |
| City | PALOS HILLS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 604650937 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $1,514,653 | GrossReceiptsAmt |
| Group Return For Affiliates | false | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.MORAINEVALLEY.EDU/FOUNDATION | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1982 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | THE FOUNDATION'S PURPOSE IS TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIP AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT INVESTMENT AND MANAGEMENT OF DONOR FUNDS | ActivityOrMissionDesc |
| Voting Members Governing Body | 20 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 18 | VotingMembersIndependentCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Total Volunteers | 100 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $496,539 | PYContributionsGrantsAmt |
| CY Contributions Grants | $742,500 | CYContributionsGrantsAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $213,205 | PYInvestmentIncomeAmt |
| CY Investment Income | $61,790 | CYInvestmentIncomeAmt |
| PY Other Revenue | -$23,074 | PYOtherRevenueAmt |
| CY Other Revenue | -$115 | CYOtherRevenueAmt |
| PY Total Revenue | $686,670 | PYTotalRevenueAmt |
| CY Total Revenue | $804,175 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $533,413 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $575,442 | CYGrantsAndSimilarPaidAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| CY Salaries Comp Emp Bnft Paid | $0 | CYSalariesCompEmpBnftPaidAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $30,726 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $116,592 | PYOtherExpensesAmt |
| CY Other Expenses | $131,957 | CYOtherExpensesAmt |
| PY Total Expenses | $650,005 | PYTotalExpensesAmt |
| CY Total Expenses | $707,399 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $36,665 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $96,776 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $5,491,505 | TotalAssetsBOYAmt |
| Total Assets EOY | $6,017,527 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $39,587 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $46,648 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $5,451,918 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $5,970,879 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | TO PROMOTE AND FINANCIALLY SUPPORT MORAINE VALLEY COMMUNITY COLLEGE PROGRAMS AND PROVIDE SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO STUDENTS WHILE EXERCISING PRUDENT MANAGEMENT AND INVESTMENT OF DONOR FUNDS. CHARITABLE GIFTS RECEIVED ARE ADMINISTERED IN ACCORDANCE WITH THE DONOR'S INTENTION. FOUNDATION FUNDS ARE THEN DISBURSED TO APPROVED COLLEGE AND STUDENT PROGRAMS. THE FUNDING OF PROGRAM DISBURSEMENTS ARE CONDUCTED UNDER THE GOVERNANCE AND STEWARDSHIP OF THE BOARD OF DIRECTORS. OUR CORE ACTIVITIES INCLUDE: GOVERNANCE AND STEWARDSHIP - SELF GOVERNANCE AND SAFEGUARDING OF THE FOUNDATION'S ASSETS ARE ADMINSTERED IN ACCORDANCE WITH DONOR INTENTIONS AND PRUDENT INVESTMENT POLICY. CHARITABLE GIFTING SOLICITATION - FUNDRAISING THROUGH APPEALS, CAMPAIGNS, GRANTS AND SPECIAL EVENTS. COLLEGE AND STUDENT PROGRAM DISBURSEMENTS - REVIEW, SELECT AND APPROVE DISBURSEMENTS OF FUNDS TO THE COLLEGE AND STUDENT PROGRAMS NEEDING FINANCIAL SUPPORT. | MissionDesc |
| Significant New Program Srvc | false | SignificantNewProgramSrvcInd |
| Significant Change | false | SignificantChangeInd |
| Expense | $100,000 | ExpenseAmt |
| Grant | $100,000 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | FINE AND PERFORMING ARTS - THE FOUNDATION PROVIDES ON-GOING FINANCIAL SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER. THIS SUPPORT PLAYS A CRUCIAL ROLE IN PROGRAM UNDERWRITING AND ON-GOING MAINTENANCE AT THE CENTER. THE ARTS CENTER IS A CENTRAL RESOURCE OF MORAINE VALLEY COMMUNITY COLLEGE WHICH HOSTS PERFORMANCES BY REGIONAL AND NATIONAL PROFESSIONAL COMPANIES IN DANCE, MUSIC, AND THEATER FOR CULTURAL AND ARTISTIC ENRICHMENT IN THE SOUTHWESTERN SUBURBS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $308,301 | ExpenseAmt |
| Grant | $300,652 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | SCHOLARSHIPS - THE FOUNDATION PROVIDES FUNDING AND ADMINISTERS VARIOUS ACADEMIC SCHOLARSHIP PROGRAMS FOR STUDENTS OF MORAINE VALLEY COMMUNITY COLLEGE. SCHOLARSHIPS ARE MERIT BASED AND NEED BASED, AND ARE OFFERED COLLEGE-WIDE OR DESIGNATED TO PROVIDE SUPPORT THROUGH A SPECIFIC PROGRAM OR DEPARTMENT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $69,514 | ExpenseAmt |
| Grant | $69,514 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | STUDENT EMERGENCY ASSISTANCE - THROUGH CONTRIBUTIONS OF VARIOUS INDIVIDUAL DONORS THE FOUNDATION HAS IMPLEMENTED AN EMERGENCY FINANCIAL ASSISTANCE PROGRAM FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS WHO MIGHT OTHERWISE BE FORCED TO STOP OR DROP OUT OF SCHOOL. DONATIONS OF VARIOUS INDIVIDUALS ARE USED TO PAY THE EXPENSES OF MORAINE VALLEY COMMUNITY COLLEGE STUDENTS THAT ARE CONFRONTED WITH EXTRAORDINARY PERSONAL LIVING EXPENSES THAT IF NOT PAID ON AN IMMEDIATE BASIS WOULD LIKELY RESULT IN THAT STUDENT NOT BEING ABLE TO CONTINUE THEIR EDUCATION AT THE COLLEGE. FINANCIAL ASSISTANCE IS GRANTED TO STUDENTS ON A CASE BY CASE BASIS BY THE RECOMENDATION OF THE COLLEGE AFTER A REVIEW OF EACH STUDENTS CIRCUMSTANCES SURROUNDING THE REQUEST FOR ASSISTANCE. | Desc |
Prog Srvc Accom Acty Other ProgSrvcAccomActyOtherGrp (6 entries)
| ExpenseExpenseAmt | GrantGrantAmt | RevenueRevenueAmt | DescDesc |
|---|---|---|---|
| $5,400 | $5,400 | $0 | AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT FINANCIAL SUPPORT THROUGH DONATIONS IN KIND TO THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE TECHNOLOGY CAREER PROGRAM. DONORS TO THE FOUNDATION CONTRIBUTE VEHICLES TO THE FOUNDATION WHICH ARE THEN GIVEN TO THE AUTOMOTIVE TECHNOLOGY COLLEGE PROGRAM. |
| $7,990 | $7,990 | $0 | FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION ASSISTS THE FUNDRAISING EFFORTS OF THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION WHO RAISES FUNDS TO SUPPORT STUDENT SCHOLARSHIPS FOR MORAINE VALLEY COMMUNITY COLLEGE STUDENTS TO ENSURE ACCESS TO QUALITY EDUCATION AND STUDENT SUCCESS. |
| $12,595 | $12,595 | $0 | FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY COMMUNITY COLLEGE ONGOING SUPPORT THAT BENEFIT AND PROMOTE INCREASED AWARENESS AND BRAND BUILDING FOR THE MORAINE VALLEY COMMUNITY COLLEGE. |
| $36,141 | $36,141 | $0 | FPAC 2019 - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDED FUNDS TO ASSIST THE COLLEGE WITH ONGOING TECHNICAL UPGRADES TO THE FINE AND PERFORMING ARTS CENTER'S DOROTHY MENKER AND ANGELINE OREMUS THEATERS. |
| $1,925 | $1,925 | $0 | ARAR ACADEMY - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION PROVIDED FINANCIAL ASSISTANCE TO THE GIRLS EMPOWERMENT ACADEMY SCHOOLS IN HONOR OF A COLLEGE RETIREE, THE FUNDS SUPPORTED THE ARAR ACADEMY EDUCATIONAL ACTIVITIES. |
| $41,225 | $41,225 | $0 | STUDENT TESTING FEES - THE FOUNDATION PROVIDES FINANCIAL ASSISTANCE TO THE MORAINE VALLEY COMMUNITY COLLEGE FOR PROPECTIVE STUDENTS THAT ARE APPLING FOR ENROLLMENT IN THE COLLEGE. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Prog Srvc Expense | $105,276 | TotalOtherProgSrvcExpenseAmt |
| Total Other Prog Srvc Grant | $105,276 | TotalOtherProgSrvcGrantAmt |
| Total Other Prog Srvc Revenue | $0 | TotalOtherProgSrvcRevenueAmt |
| Total Program Service Expenses | $583,091 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (true) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (true) | ScheduleBRequiredInd |
| Political Campaign Acty | false | PoliticalCampaignActyInd |
| Lobbying Activities | false | LobbyingActivitiesInd |
| Subject To Proxy Tax | false | SubjectToProxyTaxInd |
| Donor Advised Fund | false | DonorAdvisedFundInd |
| Conservation Easements | false | ConservationEasementsInd |
| Collections Of Art | false | CollectionsOfArtInd |
| Credit Counseling | false | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (true) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (true) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | false | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | false | ReportProgramRelatedInvstInd |
| Report Other Assets | false | ReportOtherAssetsInd |
| Report Other Liabilities | false | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | false | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (true) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | false | ConsolidatedAuditFinclStmtInd |
| School Operating | false | SchoolOperatingInd |
| Foreign Office | false | ForeignOfficeInd |
| Foreign Activities | false | ForeignActivitiesInd |
| More Than5000 K To Org | false | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividualsInd |
| Professional Fundraising | false | ProfessionalFundraisingInd |
| Fundraising Activities | Yes (true) | FundraisingActivitiesInd |
| Gaming Activities | false | GamingActivitiesInd |
| Operate Hospital | false | OperateHospitalInd |
| Grants To Organizations | Yes (true) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (true) | GrantsToIndividualsInd |
| Schedule J Required | false | ScheduleJRequiredInd |
| Tax Exempt Bonds | false | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | false | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | false | PYExcessBenefitTransInd |
| Loan Outstanding | false | LoanOutstandingInd |
| Grant To Related Person | false | GrantToRelatedPersonInd |
| Business Rln With Org Mem | false | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | false | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | false | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | false | DeductibleNonCashContriInd |
| Deductible Art Contribution | false | DeductibleArtContributionInd |
| Terminate Operations | false | TerminateOperationsInd |
| Partial Liquidation | false | PartialLiquidationInd |
| Disregarded Entity | false | DisregardedEntityInd |
| Related Entity | false | RelatedEntityInd |
| Related Organization Ctrl Ent | false | RelatedOrganizationCtrlEntInd |
| Transaction With Control Ent | false | TransactionWithControlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | false | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | false | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (true) | ScheduleORequiredInd |
| IRP Document | 6 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (true) | BackupWthldComplianceInd |
| Employee | 0 | EmployeeCnt |
| Unrelated Bus Incm Over Limit | false | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | false | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | false | TaxablePartyNotificationInd |
| Nondeductible Contributions | Yes (true) | NondeductibleContributionsInd |
| Nondeductible Contri Discl | Yes (true) | NondeductibleContriDisclInd |
| Quid Pro Quo Contributions | Yes (true) | QuidProQuoContributionsInd |
| Quid Pro Quo Contri Discl | Yes (true) | QuidProQuoContriDisclInd |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | false | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | false | PayPremiumsPrsnlBnftCntrctInd |
| Form1098 C Filed | Yes (true) | Form1098CFiledInd |
| Indoor Tanning Services | false | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | false | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | false | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 20 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 18 | IndependentVotingMemberCnt |
| Family Or Business Rln | false | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | false | DelegationOfMgmtDutiesInd |
| Change To Org Documents | false | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | false | MembersOrStockholdersInd |
| Election Of Board Members | false | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | false | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (true) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (true) | MinutesOfCommitteesInd |
| Officer Mailing Address | false | OfficerMailingAddressInd |
| Local Chapters | false | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (true) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (true) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (true) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (true) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (true) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (true) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (true) | CompensationProcessCEOInd |
| Compensation Process Other | false | CompensationProcessOtherInd |
| Investment In Joint Venture | false | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | SUSAN WADE | PersonNm |
| Phone | 7089745740 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9000 WEST COLLEGE PARKWAY | AddressLine1Txt |
| City | PALOS HILLS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60465 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | Yes (X) | NoListedPersonsCompensatedInd |
Form990 Part VII Section A Form990PartVIISectionAGrp (20 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt |
|---|---|---|---|---|---|---|
| THOMAS KANTAS | ||||||
| PRESIDENT | 6.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| BRUCE NAWARA | ||||||
| PAST PRESIDENT | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| HELEN LOBAS | ||||||
| VICE PRESIDENT | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| SUSAN WADE | ||||||
| TREASURER | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| DR MARGARET LEHNER | ||||||
| SECRETARY | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| AMY SITTERLY | ||||||
| OPERATIONS MANAGER | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 |
| JOHN R COLEMAN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DOMINICK DEMONICA | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JOHN DOBBYN | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| JACK DALEY | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DENNIS M SHANNON | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| SANDRA WAGNER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| PHILLIP T FOSTER | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| DR SYLVIA M JENKINS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| OMAR NAJIB | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CRISTY GALLEGOS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| CHRIS SIOUKAS | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| HOLLY A BARTECKI | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ADRIANA CARRASQUILLO | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| ROBERT G KELLY | ||||||
| DIRECTOR | 2.00 | Yes (X) | $0 | $0 | $0 | |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $0 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $0 | TotalOtherCompensationAmt |
| Former Ofcr Employees Listed | false | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | false | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | false | CompensationFromOtherSrcsInd |
| Cntrct Rcvd Greater Than100 K | 0 | CntrctRcvdGreaterThan100KCnt |
| Fundraising | $107,108 | FundraisingAmt |
| All Other Contributions | $635,392 | AllOtherContributionsAmt |
| Noncash Contributions | $24,972 | NoncashContributionsAmt |
| Total Contributions | $742,500 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $137,501 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $137,501 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $513,497 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $589,208 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$75,711 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$75,711 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$75,711 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Fundraising Gross Income | $121,155 | FundraisingGrossIncomeAmt |
| Contri Rpt Fundraising Event | $107,108 | ContriRptFundraisingEventAmt |
| Fundraising Direct Expenses | $121,270 | FundraisingDirectExpensesAmt |
Net Incm From Fundraising Evt NetIncmFromFundraisingEvtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$115 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$115 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $804,175 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $61,675 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,051 | TotalAmt |
| Program Services | $164,051 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $411,391 | TotalAmt |
| Program Services | $411,391 | ProgramServicesAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $28,214 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $28,214 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,055 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $27,055 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $4,000 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $4,000 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $10,205 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $4,801 | ManagementAndGeneralAmt |
| Fundraising | $5,404 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $23,032 | TotalAmt |
| Program Services | $7,649 | ProgramServicesAmt |
| Management And General | $15,383 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt | FundraisingFundraisingAmt |
|---|---|---|---|---|
| CREDIT CARD AND BANK FEES | $6,284 | $0 | $6,284 | $0 |
| SUBSCRIPTIONS AND PUBLICATIONS | $1,838 | $0 | $1,838 | $0 |
| POSTAGE AND MAILING | $8,012 | $0 | $1,396 | $6,616 |
| PRINTING | $6,951 | $0 | $1,505 | $5,446 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $16,366 | TotalAmt |
| Program Services | $0 | ProgramServicesAmt |
| Management And General | $3,106 | ManagementAndGeneralAmt |
| Fundraising | $13,260 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $707,399 | TotalAmt |
| Program Services | $583,091 | ProgramServicesAmt |
| Management And General | $93,582 | ManagementAndGeneralAmt |
| Fundraising | $30,726 | FundraisingAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $206,669 | BOYAmt |
| EOY | $502,271 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,000 | BOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $13,253 | BOYAmt |
| EOY | $10,607 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $6,220 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $6,220 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,081,711 | BOYAmt |
| EOY | $5,307,880 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $174,872 | BOYAmt |
| EOY | $196,769 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,491,505 | BOYAmt |
| EOY | $6,017,527 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,232 | BOYAmt |
| EOY | $25,893 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $29,355 | BOYAmt |
| EOY | $20,755 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,587 | BOYAmt |
| EOY | $46,648 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $3,805,391 | BOYAmt |
| EOY | $4,024,204 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,646,527 | BOYAmt |
| EOY | $1,946,675 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,451,918 | BOYAmt |
| EOY | $5,970,879 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,491,505 | BOYAmt |
| EOY | $6,017,527 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $96,776 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $422,185 | NetUnrlzdGainsLossesInvstAmt |
| Donated Services And Use Fclts | $12,000 | DonatedServicesAndUseFcltsAmt |
| Other Changes In Net Assets | -$12,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | false | AccountantCompileOrReviewInd |
| FS Audited | Yes (true) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Separate Basis Fincl Stmt | Yes (X) | SeparateBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (true) | AuditCommitteeInd |
| Federal Grant Audit Required | false | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| College Organization | Yes (X) | CollegeOrganizationInd |
| Other Support Sum | $0 | OtherSupportSumAmt |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $508,761 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $442,300 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $687,002 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $496,539 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $742,500 | CurrentTaxYearAmt |
| Total | $2,877,102 | TotalAmt |
Tax Rev Levied Orgnztnl Bnft170 TaxRevLeviedOrgnztnlBnft170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $508,761 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $442,300 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $687,002 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $496,539 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $742,500 | CurrentTaxYearAmt |
| Total | $2,877,102 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $175,832 | SubstantialContributorsTotAmt |
| Public Support Total170 | $2,701,270 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $123,559 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $117,380 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $114,081 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $137,748 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $137,501 | CurrentTaxYearAmt |
| Total | $630,269 | TotalAmt |
Unrelated Business Net Incm170 UnrelatedBusinessNetIncm170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $0 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $0 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $0 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $0 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $0 | CurrentTaxYearAmt |
| Total | $0 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $3,507,371 | TotalSupportAmt |
| Public Support CY170 | 0.77020 | PublicSupportCY170Pct |
| Public Support PY170 | 0.77760 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
| Public Support Total509 | $0 | PublicSupportTotal509Amt |
| Public Support CY509 | 0 | PublicSupportCY509Pct |
| Investment Income CY | 0 | InvestmentIncomeCYPct |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $904,694 | BeginningYearBalanceAmt |
| Contributions | $10,700 | ContributionsAmt |
| Investment Earnings Or Losses | $88,773 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $20,869 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $983,298 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,033,205 | BeginningYearBalanceAmt |
| Contributions | $6,450 | ContributionsAmt |
| Investment Earnings Or Losses | -$110,983 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $23,978 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $904,694 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $681,031 | BeginningYearBalanceAmt |
| Contributions | $165,600 | ContributionsAmt |
| Investment Earnings Or Losses | $201,074 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $14,500 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $1,033,205 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $664,747 | BeginningYearBalanceAmt |
| Contributions | $1,450 | ContributionsAmt |
| Investment Earnings Or Losses | $27,704 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $12,870 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $681,031 | EndYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $635,605 | BeginningYearBalanceAmt |
| Contributions | $995 | ContributionsAmt |
| Investment Earnings Or Losses | $39,541 | InvestmentEarningsOrLossesAmt |
| Grants Or Scholarships | $11,394 | GrantsOrScholarshipsAmt |
| Other Expenditures | $0 | OtherExpendituresAmt |
| Administrative Expenses | $0 | AdministrativeExpensesAmt |
| End Year Balance | $664,747 | EndYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Prmnnt Endowment Balance EOY | 0.17800 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.82200 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | false | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | false | EndowmentsHeldRelatedOrgInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Investment Cost Or Other Basis | $0 | InvestmentCostOrOtherBasisAmt |
| Book Value | $0 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $6,220 | OtherCostOrOtherBasisAmt |
| Depreciation | $6,220 | DepreciationAmt |
| Book Value | $0 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $0 | TotalBookValueLandBuildingsAmt |
| Total Rev Etc Audited Fincl Stmt | $1,332,575 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $422,185 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $12,000 | DonatedServicesAndUseFcltsAmt |
| Other Revenue | $121,270 | OtherRevenueAmt |
| Revenue Not Reported | $555,455 | RevenueNotReportedAmt |
| Revenue Subtotal | $777,120 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $27,055 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $27,055 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $804,175 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $813,614 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $12,000 | DonatedServicesUseFcltsAmt |
| Other Expenses Included | $121,270 | OtherExpensesIncludedAmt |
| Expenses Not Reported | $133,270 | ExpensesNotReportedAmt |
| Expenses Subtotal | $680,344 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $27,055 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $27,055 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $707,399 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt V, Line 4 | THE FOUNDATION'S ENDOWMENT FUNDS CONSIST OF DONOR-RESTRICTED FUNDS TO SUPPORT MORAINE VALLEY COMMUNITY COLLEGE STUDENT SCHOLARSHIPS |
| Pt XI, Line 2d | SPECIAL EVENT DIRECT EXPENSES |
| Pt XII, Line 2d | SPECIAL EVENT DIRECT EXPENSES |
Schedule G IRS990ScheduleG
Fundraising Event Information FundraisingEventInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Event1 | GOLF OUTING | Event1Nm |
| Gross Receipts Event1 | $76,077 | GrossReceiptsEvent1Amt |
| Charitable Contri Event1 | $35,519 | CharitableContriEvent1Amt |
| Gross Revenue Event1 | $40,558 | GrossRevenueEvent1Amt |
| Cash Prizes Event1 | $1,090 | CashPrizesEvent1Amt |
| Rent Facility Costs Event1 | $9,080 | RentFacilityCostsEvent1Amt |
| Food And Beverage Event1 | $18,907 | FoodAndBeverageEvent1Amt |
| Other Direct Expenses Event1 | $11,888 | OtherDirectExpensesEvent1Amt |
| Event2 | DINNER EVENT | Event2Nm |
| Gross Receipts Event2 | $134,952 | GrossReceiptsEvent2Amt |
| Charitable Contri Event2 | $64,976 | CharitableContriEvent2Amt |
| Gross Revenue Event2 | $69,976 | GrossRevenueEvent2Amt |
| Cash Prizes Event2 | $976 | CashPrizesEvent2Amt |
| Non Cash Prizes Event2 | $995 | NonCashPrizesEvent2Amt |
| Food And Beverage Event2 | $29,150 | FoodAndBeverageEvent2Amt |
| Entertainment Event2 | $3,390 | EntertainmentEvent2Amt |
| Other Direct Expenses Event2 | $36,506 | OtherDirectExpensesEvent2Amt |
| Gross Receipts Other Events | $17,234 | GrossReceiptsOtherEventsAmt |
| Charitable Contri Other Events | $6,613 | CharitableContriOtherEventsAmt |
| Gross Revenue Other Events | $10,621 | GrossRevenueOtherEventsAmt |
| Oth Direct Expnss Other Events | $9,288 | OthDirectExpnssOtherEventsAmt |
| Gross Receipts Total | $228,263 | GrossReceiptsTotalAmt |
| Charitable Contributions Tot | $107,108 | CharitableContributionsTotAmt |
| Gross Revenue Total Events | $121,155 | GrossRevenueTotalEventsAmt |
| Cash Prizes Total Events | $2,066 | CashPrizesTotalEventsAmt |
| Non Cash Prizes Total Events | $995 | NonCashPrizesTotalEventsAmt |
| Rent Fclty Costs Total Events | $9,080 | RentFcltyCostsTotalEventsAmt |
| Food And Beverage Total Events | $48,057 | FoodAndBeverageTotalEventsAmt |
| Entertainment Total Events | $3,390 | EntertainmentTotalEventsAmt |
| Oth Direct Expnss Total Events | $57,682 | OthDirectExpnssTotalEventsAmt |
| Direct Expense Summary Events | $121,270 | DirectExpenseSummaryEventsAmt |
| Net Income Summary | -$115 | NetIncomeSummaryAmt |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (true) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | MORAINE VALLEY COM COLLEGE | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 9000 WEST COLLEGE PARKWAY | AddressLine1Txt |
| City | PALOS HILLS | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60465 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 362614971 | RecipientEIN |
| Cash Grant | $164,051 | CashGrantAmt |
| Purpose Of Grant | PART IV | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | Total501c3OrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp (3 entries)
| Grant TypeGrantTypeTxt | RecipientRecipientCnt | Cash GrantCashGrantAmt |
|---|---|---|
| STUDENT EMERGENCY ASSISTANCE | 366 | $69,514 |
| STUDENT SCHOLARSHIP AWARDS | 317 | $300,652 |
| STUDENT ADDISSION TESTING | 1649 | $41,225 |
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt I Line 2 | ALL ASSISTANCE GRANTED TO THE MORAINE VALLEY COMMUNITY COLLEGE IS APPROVED BY THE FOUNDATION'S BOARD OF DIRECTOR |
| Other | 100,000 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FINE AND PERFORMING ARTS CENTER |
| Other | 5,400 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE AUTOMOTIVE TECHNOLOGY PROGRAM |
| Other | 7,990 - SUPPORT FOR THE MORAINE VALLEY COMMUNITY COLLEGE FACULTY ASSOCIATION |
| Other | 12,595 - PROMOTE AWARENESS AND BRAND BUILDING FOR MORAINE VALLEY COMMUNITY COLLEGE |
| Other | 1,925 - PROVIDE FINANCIAL ASSISTANCE TO THE GIRLS EMPOWERMENT ACADEMY SCHOOLS IN HONOR OF A COLLEGE RETIREE |
| Other | 36,141 - PROVIDE FINANCIAL ASSISTANCE TO THE COLLEGE FOR ONGOING TECHNICAL UPGRADES FOR THE FINE AND PERFORMING ARTS CENTER'S DOROTHY MENKER AND ANGELINE OREMUS THEATERS |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (11 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Pt VI, Line 11b | A COPY OF THE FORM 990 IS REVIEWED IN DETAIL BY THE FOUNDATIONS'S PRESIDENT, TREASURER AND EXECUTIVE DIRECTOR AND PRESENTED FOR REVIEW AT THE REGULAR BOARD MEETING. |
| Pt VI, Line 12c | THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS REVEIWED AND SIGNED BY EACH BOARD MEMBER ON AN ANNUAL BASIS. |
| Pt VI, Line 15a | THE COMPENSATION OF THE FOUNDATION'S EXECUTIVE DIRECTOR IS DETERMINED BY THE MORAINE VALLEY COMMUNITY COLLEGE BOARD OF TRUSTEES. |
| Pt VI, Line 19 | THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON WRITTEN REQUEST. |
| Pt XI | DONATED USE OF OFFICE FACILITIES BY MORAINE VALLEY COMMUNITY COLLEGE. |
| Form 990, Part III, Line 4d | AUTOMOTIVE PROGRAM - THE FOUNDATION PROVIDES DIRECT 5400. 5400. 0. |
| Form 990, Part III, Line 4d | FACULTY ASSOCIATION - THE MORAINE VALLEY COMMUNITY COLLEGE FOUNDATION 7990. 7990. 0. |
| Form 990, Part III, Line 4d | FOUNDATION SPONSORSHIPS - THE FOUNDATION REGULARLY PROVIDES MORAINE VALLEY 12595. 12595. 0. |
| Form 990, Part III, Line 4d | FPAC 2019 - THE MORAINE VALLEY COMMUNITY COLLEGE 36141. 36141. 0. |
| Form 990, Part III, Line 4d | ARAR ACADEMY - THE MORAINE VALLEY COMMUNITY COLLEGE 1925. 1925. 0. |
| Form 990, Part III, Line 4d | STUDENT TESTING FEES - THE FOUNDATION PROVIDES 41225. 41225. 0. |
Comments