CHICAGO PUBLIC EDUCATION FUND: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO PUBLIC EDUCATION FUND (EIN 36-4279013)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-08
- IRS object ID
- 202413139349302486
- Schema version
- 2023v5.1
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-08T13:17:17-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1707 N RANDALL ROAD STE 200 | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 364279013 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHICAGO PUBLIC EDUCATION FUND | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CHIC | BusinessNameControlTxt |
| Phone | 3125584500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST ADAMS 1175 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606065230 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | HEATHER Y ANICHINI | PersonNm |
| Person Title | PRESIDENT & CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 3125584500 | PhoneNum |
| Signature | 2024-11-06 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | KEVIN FUQUA CPA CVA | PreparerPersonNm |
| PTIN | P00433011 | PTIN |
| Phone | 8478888600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | HEATHER Y ANICHINI | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST ADAMS 1175 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606065230 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $12,970,577 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.THEFUNDCHICAGO.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1999 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | THE FUND'S PROGRAM, POLICY, AND PARTNERSHIP EFFORTS GIVE CHICAGO'S INNOVATIVE EDUCATORS THE TIME AND TOOLS TO FOCUS ON TEACHING AND LEARNING AND IMPROVE SCHOOLS. IN 2023, THE FUND LAUNCHED PROGRAMMING FOR CHICAGO LEADS, A 50 MILLION DOLLAR CAMPAIGN DESIGNED TO SUPPORT STRONG LEADERS IN SCHOOLS CITYWIDE. IN THE 2022-23 SCHOOL YEAR, OUR PROGRAMS AND PARTNERSHIPS SUPPORTED 333 LEADERS ACROSS 253 SCHOOLS. OVER HALF OF OUR PARTICIPANTS WERE LEADERS OF COLOR: 44.4% IDENTIFIED AS BLACK AND 14.1% IDENTIFIED AS LATINO/A/X. WE CONTINUOUSLY ENGAGE LOCAL LEADERS IN OUR WORK. OUR EDUCATOR ADVISORY COMMITTEE AND LOCAL SCHOOL COUNCIL FOCUS GROUP ADVISED US ON ASPECTS OF FOUR REPORTS IN 2023. EACH PUBLISHED REPORT SHARES INFORMATION ON SCHOOL PRACTICES DESIGNED TO AMPLIFY STUDENT LEARNING. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 22 | VotingMembersIndependentCnt |
| Total Employee | 43 | TotalEmployeeCnt |
| Total Volunteers | 22 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $24,987,900 | PYContributionsGrantsAmt |
| CY Contributions Grants | $6,524,752 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$300,138 | PYInvestmentIncomeAmt |
| CY Investment Income | $395,618 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $2,874 | CYOtherRevenueAmt |
| PY Total Revenue | $24,687,762 | PYTotalRevenueAmt |
| CY Total Revenue | $6,923,244 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $711,499 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $904,039 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,735,269 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,038,743 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $61,142 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $201,630 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,387,407 | PYOtherExpensesAmt |
| CY Other Expenses | $2,511,054 | CYOtherExpensesAmt |
| PY Total Expenses | $5,895,317 | PYTotalExpensesAmt |
| CY Total Expenses | $6,453,836 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $18,792,445 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $469,408 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $40,657,031 | TotalAssetsBOYAmt |
| Total Assets EOY | $41,819,615 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,468,698 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,320,100 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $39,188,333 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $40,499,515 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | THE CHICAGO PUBLIC EDUCATION FUND (THE FUND) IS A NONPROFIT ORGANIZATION THAT IMPROVES PUBLIC SCHOOLS IN CHICAGO BY INVESTING IN THE TALENTED EDUCATORS WHO LEAD THEM. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | Yes (1) | SignificantChangeInd |
| Expense | $2,836,018 | ExpenseAmt |
| Grant | $424,400 | GrantAmt |
| Desc | PROGRAMMATIC SUPPORTS (2023) THE FUND SUPPORTS PRINCIPALS AND ASPIRING PRINCIPALS THROUGH PROGRAMMING. FUND PROGRAMS ARE OPEN TO ALL EDUCATORS LEADING OR ASPIRING TO LEAD IN CHICAGO'S PUBLIC SCHOOLS. WE SERVE EDUCATORS ACROSS THE CITY IN MANY SCHOOL TYPES, INCLUDING ELEMENTARY, HIGH SCHOOL, CHARTER, AND DISTRICT. WE LEVERAGE REAL-TIME DATA ON SCHOOL NEEDS AND OUTCOMES TO IMPLEMENT THE MOST EFFECTIVE PROGRAMS FOR OUR PARTICIPATING EDUCATORS EACH YEAR. OUR PROFESSIONAL LEARNING COMMUNITIES (PLCS) ACCOUNTED FOR 286 (85%) OF OUR PARTICIPANTS IN 2023. PLCS ALLOWED SCHOOL LEADERS TO PARTICIPATE IN YEARLONG PEER-LEARNING GROUPS LED BY THE CITY'S TOP PRINCIPALS. PARTICIPANTS ENGAGED IN REFLECTIVE JOURNEYS DESIGNED TO HELP THEM UNDERSTAND THEIR LEADERSHIP MORE DEEPLY, LEARN NEW SKILLS, ENCOURAGE INNOVATIVE PRACTICES IN THEIR BUILDINGS, AND ADVANCE POSITIVE SCHOOL CULTURE. IN ADDITION TO THE PLCS, WE OFFERED A DESIGN SUITE IN 2023. THIS SUITE EQUIPPED EDUCATORS WITH THE RESOURCES TO CREATE STUDENT-CENTERED SOLUTIONS TO PRESSING SCHOOL-BASED CHALLENGES. PARTICIPANTS FROM 25 SCHOOLS DESIGNED AND TESTED INITIATIVES TO IMPROVE TEACHING, LEARNING, AND SCHOOL CLIMATE. FINALLY, OUR TEAM MANAGED A MASTERCLASS SERIES AND LEADERSHIP BRIDGE, AN ASPIRING PRINCIPAL PROGRAM, IN 2023. THESE PROGRAMS EXPANDED THE RESPONSIVE RESOURCES AVAILABLE TO LEADERS THROUGHOUT THE SCHOOL YEAR.IN TOTAL, THE FUND'S PROGRAMS SUPPORTED 333 LEADERS IN 253 SCHOOLS SERVING 128,000 STUDENTS ACROSS THE CITY IN THE 2022-23 SCHOOL YEAR. OVER HALF OF OUR PARTICIPANTS WERE LEADERS OF COLOR: 44.4% AND 14.1% IDENTIFIED AS BLACK AND LATINO/A/X. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,381,478 | ExpenseAmt |
| Grant | $470,764 | GrantAmt |
| Desc | SYSTEMS, DATA, AND POLICIES (2023) THE FUND HAS INVESTED IN EDUCATOR TALENT IN CHICAGO FOR ALMOST 25 YEARS. IN THE LAST DECADE, WE NARROWED OUR FOCUS TO SCHOOL LEADERS. WE BELIEVE CHICAGO'S PRINCIPALS SHOULDER TREMENDOUS RESPONSIBILITIES, AND THEY REQUIRE THE AUTONOMY TO ACT ON THE NEEDS OF THEIR COMMUNITIES. AS SUCH, THE FUND IS DEDICATED TO BUILDING A CULTURE OF STRONG, LOCAL LEADERSHIP IN CHICAGO. WE VALUE OUR PARTNERSHIPS WITH OTHER ORGANIZATIONS IN OUR SYSTEM-LEVEL WORK. IN 2023, WE WORKED MOST CLOSELY WITH CHICAGO PUBLIC SCHOOLS (CPS). OUR ANNUAL PRINCIPAL AND ASSISTANT PRINCIPAL ENGAGEMENT SURVEYS HELPED INFORM DISTRICT STRATEGY AND INFLUENCED MODIFICATIONS TO OUR PROGRAMS TO BETTER SERVE LEADERS. WE ALSO SUPPORTED CPS IN SURVEYING LOCAL SCHOOL COUNCIL (LSC) MEMBERS. WE LAUNCHED THIS FIRST-OF-ITS-KIND SURVEY IN OCTOBER 2023 TO LEARN MORE ABOUT LSC MEMBER SATISFACTION AND NEEDS FOR SUPPORT. WE ALSO PUBLISHED FOUR REPORTS IN 2023, INCLUDING "THE ILLINOIS PRINCIPAL: THEIR WORK, THEIR CHALLENGES, THEIR IMPACT." WE WROTE THIS REPORT IN PARTNERSHIP WITH THE ILLINOIS PRINCIPALS ASSOCIATION, A STATEWIDE MEMBERSHIP ORGANIZATION AIMING TO DEVELOP, SUPPORT, AND ADVOCATE FOR INNOVATIVE EDUCATIONAL LEADERS. THE REPORT INCLUDED DATA ON ILLINOIS PRINCIPALS, OFFERING INSIGHT INTO THEIR ROLES AND RESPONSIBILITIES. IT ALSO HIGHLIGHTED THE STORIES OF LEADERS STATEWIDE TO DEMONSTRATE THE URGENT NEED FOR MORE LOCAL-LEVEL DECISION-MAKING IN CHICAGO AND BEYOND. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,328,883 | ExpenseAmt |
| Grant | $8,875 | GrantAmt |
| Desc | EDUCATOR ENGAGEMENT (2023) IN 2023, THE FUND CONNECTED EDUCATORS TO THE BROADER COMMUNITY, TO OUR WORK, AND TO ONE ANOTHER. WE CELEBRATED THEIR INNOVATION AND LEADERSHIP CITYWIDE. IN APRIL, WE CO-HOSTED AN EVENT WITH THE UNIVERSITY OF CHICAGO CONSORTIUM ON SCHOOL RESEARCH. OVER 130 EDUCATION LEADERS AND CHAMPIONS ATTENDED. IT INCLUDED A CONVERSATION ON THE GROWTH OF THE CHICAGO EDUCATION LANDSCAPE OVER THE PAST TWO DECADES AND THE ROLE OF SCHOOL LEADERSHIP AS DESCRIBED IN THE BOOK "HOW A CITY LEARNED TO IMPROVE ITS SCHOOLS." THE EVENT CONCLUDED WITH A FIRESIDE CHAT INVOLVING SOME OF THE BOOK'S AUTHORS, CHICAGO PUBLIC SCHOOLS CEO PEDRO MARTINEZ, AND THE ACADEMY GROUP CEO GREG JONES. IN OCTOBER, THE FUND CELEBRATED EDUCATORS CITYWIDE THROUGH OUR ANNUAL PRINCIPAL APPRECIATION CAMPAIGN. THE CAMPAIGN INCLUDED A SCHOOL VISIT, FREE TICKETS FOR PRINCIPALS TO ATTEND A CHICAGO BULLS GAME, AND ONE EVENT AT THE FIELD MUSEUM THAT FEATURED STORIES FROM TRANSFORMATIONAL SCHOOL LEADERS. WE ALSO EXECUTED A SOCIAL MEDIA CAMPAIGN AND PARTNERED WITH THE CHICAGO TRANSIT AUTHORITY TO FEATURE EXTRAORDINARY SCHOOL LEADERS IN ADS ON BUSES AND TRAINS IN THE CITY. IN LATE 2023, WE WELCOMED A NEW EDUCATOR ADVISORY COMMITTEE, WHOSE MEMBERS CONSULTED ON OUR WORK. COMPOSED OF 36 PRINCIPALS AND ASSISTANT PRINCIPALS, THE COMMITTEE AIMS TO SHAPE THE FUND'S POLICY AGENDA, OFFER RECOMMENDATIONS ON PROGRAMMING, AND FACILITATE CONNECTIONS WITH OTHER LEADERS ACROSS THE CITY. IT ALSO SPECIFICALLY FOCUSED ON CO-CREATING THE CRITERIA, DESIGN, AND IMPLEMENTATION OF AWARDS FOR SCHOOL LEADERS THAT WILL LAUNCH IN 2024. THE ANTICIPATED OUTCOME OF OUR CURRENT EDUCATOR ADVISORY COMMITTEE IS TO LEVERAGE THE INSIGHTS AND EXPERIENCES OF SCHOOL LEADERS TO ENHANCE THE FUND'S INITIATIVES AND STRENGTHEN THE COMMUNITY OF EDUCATIONAL LEADERS IN THE CITY. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $5,546,379 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | Yes (1) | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | 0 | CollectionsOfArtInd |
| Credit Counseling | Yes (1) | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | Yes (1) | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | 0 | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | Yes (1) | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | 0 | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | 0 | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | Yes (1) | GrantsToOrganizationsInd |
| Grants To Individuals | Yes (1) | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | 0 | TaxExemptBondsInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | Yes (1) | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | Yes (1) | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | 0 | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 73 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 43 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | 0 | UnrelatedBusIncmOverLimitInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 22 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEATHER Y ANICHINI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3125584500 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 200 WEST ADAMS 1175 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606065230 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (30 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| BRENT GLEDHILL | |||||||||
| CHAIR | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HELEN ZELL | |||||||||
| VICE CHAIR | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BARBARA MALOTT KIZZIAH | |||||||||
| SECRETARY | 2.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JILL GARLING | |||||||||
| TREASURER | 4.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ELLEN ALBERDING | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GILLIAN DARLOW | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DUGENSKE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY EVANS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM FRANK | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTINA HERZOG | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY HOWE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STUART LUCAS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KAREN MAY | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SIDDHARTH MEHTA | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY MILLER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AUYANA ORR | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSE RUIZ | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREA SAENZ | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PENNY BENDER SEBRING | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC SMITH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID VITALE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANDRE J WEAVER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JUDY POMERANZ | |||||||||
| DIRECTOR THRU 1/20/23 | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| HEATHER Y ANICHINI | |||||||||
| PRESIDENT & CEO | 55.00 | 0.00 | Yes (X) | $365,875 | $0 | $50,332 | |||
| NELSON GEREW | |||||||||
| CHIEF PUBLIC AFFAIRS OFFICER | 40.00 | 0.00 | $210,000 | $0 | $8,923 | Yes (X) | |||
| MARIEL LAUREANO | |||||||||
| DIRECTOR, EDUCATOR SUPPORTS | 40.00 | 0.00 | $176,308 | $0 | $32,072 | Yes (X) | |||
| JULIE BURNETT | |||||||||
| DIRECTOR, PARTNERSHIP AND INNOVATION | 40.00 | 0.00 | $161,151 | $0 | $15,976 | Yes (X) | |||
| ANNIE BRINGEWATT | |||||||||
| DIRECTOR, DATA & STRATEGY | 40.00 | 0.00 | $121,709 | $0 | $6,975 | Yes (X) | |||
| ESTHER LEE | |||||||||
| DIRECTOR, PEOPLE AND OPERATIONS | 40.00 | 0.00 | $120,412 | $0 | $6,716 | Yes (X) | |||
| BRIDGET LEE | |||||||||
| DIRECTOR, ENGAGEMENT/DEVELOPMENT | 40.00 | 0.00 | $141,488 | $0 | $17,105 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,296,943 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $138,099 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 7 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| COVER CONSULTING LLC | |||||
| 3018 MORLEY ROAD | SHAKER HEIGHTS | OH | 44122 | HUMAN RESOURCES SUPPORT & CONSULTING | $217,950 |
| LEADERSHIP AND DESIGN | |||||
| 206 BROOKE ACRES DRIVE | LOS GATOS | CA | 95032 | PROGRAM SUPPORT AND CONSULTING | $154,629 |
| WISE LEADERSHIP CONSULTING | |||||
| 4740 SOUTH EVANS AVENUE | CHICAGO | IL | 60615 | PROGRAM SUPPORT AND CONSULTING | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $6,524,752 | AllOtherContributionsAmt |
| Noncash Contributions | $67,791 | NoncashContributionsAmt |
| Total Contributions | $6,524,752 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $536,476 | TotalRevenueColumnAmt |
| Exclusion | $536,476 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $5,906,475 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $6,047,333 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$140,858 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$140,858 | TotalRevenueColumnAmt |
| Exclusion | -$140,858 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OTHER REVENUE | Desc |
| Business | 900099 | BusinessCd |
| Total Revenue Column | $2,874 | TotalRevenueColumnAmt |
| Exclusion | $2,874 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $2,874 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $6,923,244 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $398,492 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $643,164 | TotalAmt |
| Program Services | $643,164 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $260,875 | TotalAmt |
| Program Services | $260,875 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,020,637 | TotalAmt |
| Program Services | $854,971 | ProgramServicesAmt |
| Management And General | $115,953 | ManagementAndGeneralAmt |
| Fundraising | $49,713 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,664,442 | TotalAmt |
| Program Services | $1,394,285 | ProgramServicesAmt |
| Management And General | $189,086 | ManagementAndGeneralAmt |
| Fundraising | $81,071 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $47,059 | TotalAmt |
| Program Services | $39,420 | ProgramServicesAmt |
| Management And General | $5,346 | ManagementAndGeneralAmt |
| Fundraising | $2,293 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $133,138 | TotalAmt |
| Program Services | $111,529 | ProgramServicesAmt |
| Management And General | $15,124 | ManagementAndGeneralAmt |
| Fundraising | $6,485 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $173,467 | TotalAmt |
| Program Services | $145,311 | ProgramServicesAmt |
| Management And General | $19,707 | ManagementAndGeneralAmt |
| Fundraising | $8,449 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $12,840 | TotalAmt |
| Management And General | $12,840 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $51,600 | TotalAmt |
| Management And General | $51,600 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $105,902 | TotalAmt |
| Management And General | $105,902 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,002 | TotalAmt |
| Management And General | $37,002 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $523,378 | TotalAmt |
| Program Services | $475,788 | ProgramServicesAmt |
| Management And General | $26,285 | ManagementAndGeneralAmt |
| Fundraising | $21,305 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $161,008 | TotalAmt |
| Program Services | $123,792 | ProgramServicesAmt |
| Management And General | $25,900 | ManagementAndGeneralAmt |
| Fundraising | $11,316 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $214,517 | TotalAmt |
| Program Services | $153,187 | ProgramServicesAmt |
| Management And General | $59,836 | ManagementAndGeneralAmt |
| Fundraising | $1,494 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $196,024 | TotalAmt |
| Program Services | $165,844 | ProgramServicesAmt |
| Management And General | $20,942 | ManagementAndGeneralAmt |
| Fundraising | $9,238 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $15,317 | TotalAmt |
| Program Services | $15,317 | ProgramServicesAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $163,605 | TotalAmt |
| Program Services | $163,605 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $190,054 | TotalAmt |
| Program Services | $160,793 | ProgramServicesAmt |
| Management And General | $20,304 | ManagementAndGeneralAmt |
| Fundraising | $8,957 | FundraisingAmt |
Other Expenses OtherExpensesGrp (3 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt |
|---|---|---|
| PROGRAM & POLICY INVEST | $666,368 | $666,368 |
| RESEARCH EXPENSE | $109,839 | $109,839 |
| PROGRAM SUPPLIES AND TO | $62,291 | $62,291 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,309 | TotalAmt |
| Fundraising | $1,309 | FundraisingAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,453,836 | TotalAmt |
| Program Services | $5,546,379 | ProgramServicesAmt |
| Management And General | $705,827 | ManagementAndGeneralAmt |
| Fundraising | $201,630 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $2,479,760 | BOYAmt |
| EOY | $713,333 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,178,000 | BOYAmt |
| EOY | $6,951,539 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,064,802 | BOYAmt |
| EOY | $17,649,691 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $94,293 | BOYAmt |
| EOY | $147,105 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,151,346 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $537,561 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,077,246 | BOYAmt |
| EOY | $613,785 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,602,992 | BOYAmt |
| EOY | $15,389,679 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $159,938 | BOYAmt |
| EOY | $354,483 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,657,031 | BOYAmt |
| EOY | $41,819,615 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $161,478 | BOYAmt |
| EOY | $317,322 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $175,000 | BOYAmt |
| EOY | $35,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,132,220 | BOYAmt |
| EOY | $967,778 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,468,698 | BOYAmt |
| EOY | $1,320,100 | 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 | $20,605,259 | BOYAmt |
| EOY | $22,009,746 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,583,074 | BOYAmt |
| EOY | $18,489,769 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $39,188,333 | BOYAmt |
| EOY | $40,499,515 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,657,031 | BOYAmt |
| EOY | $41,819,615 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | $469,408 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $841,774 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $0 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | 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 (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Organization170 | Yes (X) | PublicOrganization170Ind |
Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,056,803 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,583,791 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,360,177 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,987,900 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,524,752 | CurrentTaxYearAmt |
| Total | $45,513,423 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $6,056,803 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $2,583,791 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,360,177 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $24,987,900 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $6,524,752 | CurrentTaxYearAmt |
| Total | $45,513,423 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $25,571,530 | SubstantialContributorsTotAmt |
| Public Support Total170 | $19,941,893 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $215,991 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $269,835 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $255,668 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $344,943 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $536,476 | CurrentTaxYearAmt |
| Total | $1,622,913 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $3,120 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year | $2,874 | CurrentTaxYearAmt |
| Total | $5,994 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $47,142,330 | TotalSupportAmt |
| Public Support CY170 | 0.42300 | PublicSupportCY170Pct |
| Public Support PY170 | 0.40640 | PublicSupportPY170Pct |
| Thirty Thr Pct Suprt Tests CY170 | Yes (X) | ThirtyThrPctSuprtTestsCY170Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | OTHER INCOME - 2019 AMOUNT: $ 3,120. 2023 AMOUNT: $ 2,874. | ExplanationTxt |
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 C IRS990ScheduleC
Total Grassroots Lobbying TotalGrassrootsLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $105,902 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $105,902 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,310,932 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,416,834 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $470,842 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $117,711 | FilingOrganizationsTotalAmt |
Tot Lbbyng Grassroot Mns Non Tx TotLbbyngGrassrootMnsNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Tot Lbby Expend Mns Lbbyng Non Tx TotLbbyExpendMnsLbbyngNonTxGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $0 | FilingOrganizationsTotalAmt |
Avg Lobbying Nontaxable Amount AvgLobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $384,861 | CurrentYearMinus3Amt |
| Current Year Minus2 | $425,852 | CurrentYearMinus2Amt |
| Current Year Minus1 | $440,032 | CurrentYearMinus1Amt |
| Current Year | $470,842 | CurrentYearAmt |
| Total | $1,721,587 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,582,381 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $46,217 | CurrentYearMinus2Amt |
| Current Year Minus1 | $69,926 | CurrentYearMinus1Amt |
| Current Year | $105,902 | CurrentYearAmt |
| Total | $222,045 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $96,215 | CurrentYearMinus3Amt |
| Current Year Minus2 | $106,463 | CurrentYearMinus2Amt |
| Current Year Minus1 | $110,008 | CurrentYearMinus1Amt |
| Current Year | $117,711 | CurrentYearAmt |
| Total | $430,397 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $645,596 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus2 | $3,043 | CurrentYearMinus2Amt |
| Current Year Minus1 | $430 | CurrentYearMinus1Amt |
| Total | $3,473 | TotalAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agent Trustee Etc | 0 | AgentTrusteeEtcInd |
| Incl Escrow Custodial Acct Liab | Yes (1) | InclEscrowCustodialAcctLiabInd |
| Explanation Provided | Yes (X) | ExplanationProvidedInd |
CY Endwmt Fund CYEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,763,272 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $330,112 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,093,384 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,003,623 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$240,351 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,763,272 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $3,623 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,003,623 | EndYearBalanceAmt |
CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $0 | BeginningYearBalanceAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated Balance EOY | 1.00000 | BoardDesignatedBalanceEOYPct |
| Prmnnt Endowment Balance EOY | 0.00000 | PrmnntEndowmentBalanceEOYPct |
| Term Endowment Balance EOY | 0.00000 | TermEndowmentBalanceEOYPct |
| Endowments Held Unrelated Org | 0 | EndowmentsHeldUnrelatedOrgInd |
| Endowments Held Related Org | 0 | EndowmentsHeldRelatedOrgInd |
Leasehold Improvements LeaseholdImprovementsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $822,833 | OtherCostOrOtherBasisAmt |
| Depreciation | $291,420 | DepreciationAmt |
| Book Value | $531,413 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $328,513 | OtherCostOrOtherBasisAmt |
| Depreciation | $246,141 | DepreciationAmt |
| Book Value | $82,372 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $613,785 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $967,778 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $967,778 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $7,771,559 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $841,774 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $43,543 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $885,317 | RevenueNotReportedAmt |
| Revenue Subtotal | $6,886,242 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $37,002 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $37,002 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $6,923,244 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $6,460,377 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $43,543 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $43,543 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,416,834 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $37,002 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $37,002 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $6,453,836 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | PERIODICALLY, THE FUND ENTERS INTO AGREEMENTS TO SERVE AS AN AGENT FOR OTHER ORGANIZATIONS AND ACT AS AN INTERMEDIARY BETWEEN SUCH ORGANIZATIONS AND BENEFICIARIES. IN 2022, THE FUND AGREED TO SERVE AS AN AGENT FOR A PROJECT WITH THE BOSTON CONSULTING GROUP (BCG) DIRECTED BY THREE LOCAL FUNDERS. IN 2022 AND 2023, $275,000 WAS RECEIVED. OF THAT, $240,000 WAS PAID OUT TOWARD THE PROJECT IN 2023. AS OF DECEMBER 31, 2023 AND 2022, THE FUND HELD $35,000 AND $175,000, RESPECTIVELY. THE REMAINING $35,000 HELD IS FOR POTENTIAL PROJECT EXPANSION IN 2024. |
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE OPERATIONS AND INITIATIVES OF THE CHICAGO PUBLIC EDUCATION FUND AND ITS PROGRAMMATIC ACTIVITY OVER THE LONG TERM. |
| PART X, LINE 2: | THE ACCOUNTING STANDARD RELATED TO UNCERTAINTY IN INCOME TAXES STATES THE FUND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT THE TAX POSITION WILL BE SUSTAINED ON EXAMINATION BY TAXING AUTHORITIES, BASED ON THE TECHNICAL MERITS OF THE POSITION. EXAMPLES OF TAX POSITIONS INCLUDE THE TAX-EXEMPT STATUS OF THE FUND AND THE VARIOUS POSITIONS RELATED TO THE POTENTIAL SOURCES OF UNRELATED BUSINESS TAXABLE INCOME. THE TAX BENEFITS RECOGNIZED IN THE FINANCIAL STATEMENTS FROM SUCH A POSITION ARE MEASURED BASED ON THE LARGEST BENEFIT THAT HAS A GREATER THAN 50% LIKELIHOOD OF BEING REALIZED UPON ULTIMATE SETTLEMENT. THE FUND DOES NOT BELIEVE THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR TAX LIABILITIES THAT SHOULD BE RECORDED FOR THE REPORTING PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (7 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| ACCELERATE INSTITUTE | ||||||||
| 150 NORTH MICHIGAN AVE SUITE 2100 | CHICAGO | IL | 60601 | 363764476 | 501(C)(3) | $47,400 | $0 | SUPPORT FOR LEADERSHIP BRIDGE INCLUDING A SUMMER INSTITUTE AND COACHING FOR PRINCIPAL AND ASSISTANT PRINCIPAL PAIRS, AND A COMMUNITY OF PRACTICE TO DEVELOP SUCCESSION PLANS. |
| CHICAGO PUBLIC SCHOOLS | ||||||||
| 42 W MADISON STREET | CHICAGO | IL | 60602 | 366005821 | GOVT | $97,000 | $0 | PROGRAM PARTICIPATION STIPENDS. |
| LEADERSHIP & DESIGN | ||||||||
| 206 BROOKE ACRES DRIVE | LOS GATOS | CA | 95032 | 271178342 | 501(C)(3) | $61,250 | $0 | PLANNING, DEVELOPMENT, AND FACILITATION OF THE DESIGN SUITE. |
| NORTHEASTERN UNIVERSITY | ||||||||
| 360 HUNTINGTON AVE | BOSTON | MA | 02115 | 041679980 | 501(C)(3) | $71,150 | $0 | DESIGN AND FACILITATE COMMUNITY OF PRACTICE SESSIONS FOR PLC LEADERS. |
| THE MODERN CLASSROOMS PROJECT | ||||||||
| 15 14TH STREET SOUTHEAST | WASHINGTON | DC | 20003 | 825421304 | 501(C)(3) | $15,000 | $0 | TRAINING AND COACHING OF PLC LEADERS TO LEVERAGE TECHNOLOGY IN STUDENT-CENTERED CLASSROOMS. |
| UNIVERSITY OF ILLINOIS - CHICAGO | ||||||||
| 1040 WEST HARRISON STREET | CHICAGO | IL | 60607 | 376000511 | GOVT | $205,438 | $0 | SUPPORT THE MALOTT EDUCATOR FELLOWSHIP AND LEADERSHIP BRIDGE. |
| UNIVERSITY OF WASHINGTON | ||||||||
| CAMPUS BOX 358731 | SEATTLE | WA | 98195 | 916001537 | GOVT | $55,500 | $0 | PROVIDE PROFESSIONAL DEVELOPMENT SERVICES INCLUDING TRAINING AND COACHING TO CPS NETWORK CHIEFS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 7 | Total501c3OrgCnt |
| Total Other Org | 0 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | GRANTS TO PRINCIPALS | GrantTypeTxt |
| Recipient | 102 | RecipientCnt |
| Cash Grant | $260,875 | CashGrantAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 2: | FormAndLineReferenceDesc |
| Explanation | THE FUND MAKES INVESTMENTS IN GRANTEES ACCORDING TO BENCHMARK SCHEDULES. GRANT DOLLARS ARE DISBURSED ONLY UPON DOCUMENTED EVIDENCE THAT THE PROJECTS ARE MEETING OR WORKING TOWARDS MEETING THE CRITICAL FACTORS FOR THE PROJECTS TO BE SUCCESSFUL. ACCEPTABLE ACHIEVEMENTS ARE JOINTLY AGREED UPON AT THE TIME THE FUND COMMITS TO THE GRANT, AND STAFF MEMBERS WORK WITH THE GRANTEE TO MONITOR AND DOCUMENT PROGRESS AGAINST THESE SHARED GOALS. | ExplanationTxt |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Compensation Committee | Yes (X) | CompensationCommitteeInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | 0 | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | Yes (1) | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (5 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| HEATHER Y ANICHINI | ||||||||||||||
| PRESIDENT & CEO | $365,875 | $0 | $0 | $0 | $0 | $0 | $15,792 | $0 | $34,540 | $0 | $416,207 | $0 | $0 | $0 |
| NELSON GEREW | ||||||||||||||
| CHIEF PUBLIC AFFAIRS OFFICER | $200,000 | $0 | $10,000 | $0 | $0 | $0 | $8,733 | $0 | $190 | $0 | $218,923 | $0 | $0 | $0 |
| MARIEL LAUREANO | ||||||||||||||
| DIRECTOR, EDUCATOR SUPPORTS | $176,308 | $0 | $0 | $0 | $0 | $0 | $7,092 | $0 | $24,980 | $0 | $208,380 | $0 | $0 | $0 |
| JULIE BURNETT | ||||||||||||||
| DIRECTOR, PARTNERSHIP AND INNOVATION | $161,151 | $0 | $0 | $0 | $0 | $0 | $5,288 | $0 | $10,688 | $0 | $177,127 | $0 | $0 | $0 |
| BRIDGET LEE | ||||||||||||||
| DIRECTOR, ENGAGEMENT/DEVELOPMENT | $141,488 | $0 | $0 | $0 | $0 | $0 | $6,042 | $0 | $11,063 | $0 | $158,593 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE FUND OFFERED BONUSES OR STIPENDS TO THREE (3) EMPLOYEES IN 2023. STIPENDS WERE OFFERED TO EMPLOYEES WHO WORKED ON SPECIAL PROJECTS THAT WENT ABOVE AND BEYOND THEIR REGULAR DUTIES. BONUSES WERE OFFERED AT THE DISCRETION OF THE BOARD OF DIRECTORS FOR EXTRAORDINARY PERFORMANCE. THE PROCESS FOR THE DISTRIBUTION OF STIPENDS IS SHARED WITH EMPLOYEES. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISE LEADERSHIP CONSULTING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | CONSULTANT | RelationshipDescriptionTxt |
| Transaction | $150,000 | TransactionAmt |
| Transaction | PROGRAM SUPPORT FEES FOR THE LAUNCH OF MALOTT FELLOWSHIP | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV | FormAndLineReferenceDesc |
| Explanation | THE FOUNDING PARTNER OF WISE LEADERSHIP CONSULTING, WHICH PROVIDED PROGRAM SUPPORT FOR THE LAUNCH OF THE MALOTT FELLOWSHIP PROGRAM IN 2023, IS RELATED TO THE DIRECTOR OF PARTNERSHIP AND INNOVATION, A KEY EMPLOYEE OF THE FUND. THE FUND PAID $150,000 TO WISE LEADERSHIP CONSULTING FOR PROVIDING PROGRAM SUPPORT. | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $67,041 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenuesTxt |
Other Non Cash Contri Table OtherNonCashContriTableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Desc | SPORTS MEMORABILIA | Desc |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $750 | NoncashContributionsRptF990Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form8283 Received | 0 | Form8283ReceivedCnt |
| Any Property That Must Be Held | 0 | AnyPropertyThatMustBeHeldInd |
| Review Process Unusual NC Gifts | 0 | ReviewProcessUnusualNCGiftsInd |
| Third Parties Used | 0 | ThirdPartiesUsedInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, COLUMN (B): | FormAndLineReferenceDesc |
| Explanation | REPORTING NUMBER OF CONTRIBUTIONS. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (7 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | IN 2023, THE FUND LAUNCHED TWO NEW PILOT PROGRAMS. ONE, THE MALOTT EDUCATOR FELLOWSHIP, IS A TWO-YEAR LEADERSHIP DEVELOPMENT PROGRAM. THE FELLOWSHIP PROVIDES A LEARNING COMMUNITY AND TARGETED COACHING TO SUPPORT THE UNIQUE NEEDS OF STRONG LEADERS IN SCHOOL COMMUNITIES EXPERIENCING CHALLENGES LIKE HIGH ABSENTEEISM, STUDENT MOBILITY, AND HOUSING INSECURITY. THE OTHER, OUR AFFINITY GROUPS PROGRAM, PROVIDES BLACK AND LATINO/A/X ASPIRING LEADERS WITH A ROBUST PROFESSIONAL NETWORK, ONE-ON-ONE COACHING OPPORTUNITIES, AND TARGETED PROFESSIONAL DEVELOPMENT TO ACCELERATE THEIR PATHS TO SCHOOL LEADER ROLES. THESE PROGRAMS SUPPORT OUR STRATEGIC GOALS OF INCREASING PRINCIPAL SATISFACTION AND RETENTION AND STRENGTHENING AND DIVERSIFYING THE SCHOOL LEADER PIPELINE IN CHICAGO. |
| FORM 990, PART III, LINE 3 | A VITAL PART OF THE FUND'S MODEL IS OUR WORK TO ENSURE THAT PUBLIC OR PRIVATE INVESTMENT CAN SUSTAIN SUCCESSFUL PROGRAMS. TWO PROGRAMS WERE TRANSITIONED FROM THE FUND TO CHICAGO PUBLIC SCHOOLS (CPS) IN 2023. THEY WERE: 1) THE CAHN FELLOWS PROGRAM. WE SUPPORTED THE CAHN FELLOWS PROGRAM BEGINNING IN 2016. WE ENABLED THE PROGRAM'S EXPANSION TO CHICAGO AND HELPED DEMONSTRATE ITS SUCCESS. CPS RECOGNIZED ITS POPULARITY WITH PARTICIPANTS AND WAS INTERESTED IN ASSUMING THE COST OF CONTINUING IT. AS SUCH, THE FINAL COHORT OF FUND-SUPPORTED CAHN FELLOWS WAS IN 2022-23. 2) THE CHICAGO PRINCIPAL FELLOWSHIP. STARTING IN 2014, IN PARTNERSHIP WITH CPS AND THE KELLOGG SCHOOL OF MANAGEMENT AT NORTHWESTERN UNIVERSITY, WE SUPPORTED THE CHICAGO PRINCIPAL FELLOWSHIP, AN EXECUTIVE LEADERSHIP SUPPORT FOR CHICAGO'S TOP PRINCIPALS. THE FINAL COHORT OF FELLOWS COMPLETED ITS WORK IN 2022, AND FOR THE 2022-23 SCHOOL YEAR, WE SUPPORTED FELLOWSHIP ALUMS THROUGH A CULMINATING FELLOWSHIP BRIDGE YEAR. WE FINISHED THE BRIDGE YEAR IN 2023, AND CPS ASSUMED RESPONSIBILITY FOR THE PROGRAM IN 2023-24. ANOTHER CRITICAL COMPONENT OF THE FUND'S MODEL IS OUR ABILITY TO REALLOCATE RESOURCES FROM ONE PROGRAM TO ANOTHER IN PARTNERSHIP WITH OUR BOARD. MOST FREQUENTLY, THIS IS DONE WHEN A PILOT EFFORT DESIGNED TO SUPPORT LEADERSHIP WILL BE MORE SUCCESSFUL IF WE INTEGRATE IT INTO A BROADER SET OF PROGRAMMATIC SUPPORT. IN 2022-23, WE PHASED OUT OUR EXECUTIVE PRINCIPAL AND MODERN CLASSROOMS INVESTMENTS TO INVEST MORE IN OUR BROADER PROFESSIONAL LEARNING COMMUNITIES (PLC) PROGRAMS. THE PLC WORK IS DESCRIBED AT PART III, LINE 4A. |
| FORM 990, PART VI, SECTION A, LINE 2 | JOHN DUGENSKE AND SIDDHARTH MEHTA HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHIEF EXECUTIVE OFFICER REVIEWS THE COMPLETED FORM 990. THEN, IT IS EMAILED IN FINAL FORM TO THE GOVERNANCE, OPERATIONS, FINANCE, AND AUDIT COMMITTEE, AS WELL AS TO THE ENTIRE BOARD OF DIRECTORS, FOR THEIR REVIEW AND COMMENTS. FINALLY, IT IS FILED WITH THE IRS. |
| FORM 990, PART VI, SECTION B, LINE 12C | OFFICERS, DIRECTORS, AND KEY EMPLOYEES COMPLETE A QUESTIONNAIRE TO DISCLOSE ANNUALLY ANY BUSINESS TRANSACTIONS OR RELATIONSHIPS THEY OR A FAMILY MEMBER MAY HAVE HAD WITH THE FUND OR ANY OF ITS OFFICERS, DIRECTORS, OR KEY EMPLOYEES. POTENTIAL CONFLICTS NOTED IN THE RESPONSES ARE PASSED ALONG TO THE CHIEF EXECUTIVE OFFICER (CEO) FOR REVIEW AND, WHEN NECESSARY, REFERRED TO THE EXECUTIVE COMMITTEE FOR CONSIDERATION. IN ADDITION TO THE REQUIRED ANNUAL CONFLICT OF INTEREST QUESTIONNAIRE, THE FUND'S BOARD OF DIRECTORS' POLICY COVERING CONFLICTS OF INTEREST PROVIDES THAT DIRECTORS AND STAFF HAVE THE RESPONSIBILITY TO IMMEDIATELY DISCLOSE POTENTIAL CONFLICTS OF INTEREST AND REFRAIN FROM INFLUENCING OTHER DIRECTORS OR STAFF ON THOSE MATTERS. IF A POTENTIAL OR ACTUAL CONFLICT ARISES, DIRECTORS ALSO HAVE THE RESPONSIBILITY TO RECUSE THEMSELVES AT AN APPROPRIATE TIME. DIRECTORS, STAFF, AND THEIR IMMEDIATE FAMILY MEMBERS CANNOT REALIZE ANY DIRECT OR INDIRECT PERSONAL FINANCIAL BENEFIT FROM A FUND INVESTMENT. |
| FORM 990, PART VI, SECTION B, LINE 15 | Q15A: THE EXECUTIVE COMMITTEE OF THE BOARD IS RESPONSIBLE FOR REVIEWING AND APPROVING THE COMPENSATION PACKAGE FOR THE PRESIDENT AND CEO. THE DETERMINATION OF THE APPROPRIATE LEVEL OF COMPENSATION INCLUDED A REVIEW OF COMPENSATION LEVELS FOR THE EQUIVALENT POSITIONS AT COMPARABLE ORGANIZATIONS. THE COMMITTEE USED DATA FROM FORM 990S AND SURVEY DATA PRODUCED BY NATIONAL AND REGIONAL INDUSTRY ASSOCIATIONS TO ASSIST IN THEIR PROCESS AND DISCUSSED FINAL RECOMMENDATIONS IN EXECUTIVE SESSION WITH THE ENTIRE BOARD OF DIRECTORS BEFORE FINALIZING. THE PROCESS IS DOCUMENTED. Q15B: FOR STAFF SALARIES, INCLUDING THOSE OF KEY EMPLOYEES, THE INDEPENDENT HUMAN RESOURCES BUSINESS PARTNER (HRBP), A CONSULTANT, REVIEWED COMPENSATION LEVELS AT COMPARABLE ORGANIZATIONS AND SHARED ANALYSIS WITH THE CEO AND MEMBERS OF THE EXECUTIVE COMMITTEE. ULTIMATELY, THE GOVERNANCE, OPERATIONS, FINANCE, AND AUDIT COMMITTEE REVIEWED THESE SALARY RECOMMENDATIONS IN CONJUNCTION WITH THE ANNUAL BUDGET PLANNING PROCESS. THE PROCESS FOR DETERMINING THE COMPENSATION IS DOCUMENTED. |
| FORM 990, PART VI, SECTION C, LINE 19 | FINANCIAL STATEMENTS FOR RECENT FISCAL YEARS ARE AVAILABLE TO THE PUBLIC ON THE FUND'S WEBSITE. ALSO, THE GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST FOR THE SAME PERIOD OF DISCLOSURE AS SET FORTH IN IRC SECTION 6104(D). |
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