GREENWOOD PROJECT: Form 990PF, tax year 2022

View the entire original 990 at ProPublica ↗

Organization: GREENWOOD PROJECT (EIN 81-1990763)
Tax period: 2022-01-01 to 2022-09-30
Filed: 2023-08-15
IRS object ID: 202302279349101315
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
Form 990-PF
Schedule B
Accounting Fees Schedule
General Explanation Attachment
Investments Corp Stock Schedule
Legal Fees Schedule
Other Assets Schedule
Other Decreases Schedule
Other Expenses Schedule
Other Income Schedule2
Other Increases Schedule
Other Liabilities Schedule
Other Professional Fees Schedule
Substantial Contributors Sch

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2023-08-15T15:03:10-05:00	ReturnTs
Tax Period End	2022-09-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	410746749	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	CLIFTONLARSONALLEN LLP	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	8215 GREENWAY BOULEVARD SUITE 600	AddressLine1Txt
City	MIDDLETON	CityNm
State Abbreviation	WI	StateAbbreviationCd
ZIP	53562	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990PF	ReturnTypeCd
Tax Period Begin	2022-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	811990763	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	GREENWOOD PROJECT	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	GREE	BusinessNameControlTxt
Phone	3128198490	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	118 N CLINTON ST 202	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60661	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	KWESI SMITH	PersonNm
Person Title	EXECUTIVE DIRECTOR	PersonTitleTxt
Phone	3128198490	PhoneNum
Signature	2023-08-14	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

Field	Value	IRS element (for citing)
Person First	KWESI	PersonFirstNm
Person Last	SMITH	PersonLastNm

Field	Value	IRS element (for citing)
SSN	999009999	SSN

Field	Value	IRS element (for citing)
IRS Responsible Prty Info Curr	Yes (1)	IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	KIMBERLY ANDERSON	PreparerPersonNm
PTIN	P00188889	PTIN
Phone	6086628600	PhoneNum
Preparation	2023-08-14	PreparationDt

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

Field	Value	IRS element (for citing)
Trusted Customer	0	TrustedCustomerCd
Authentication Assurance Level	AAL1	AuthenticationAssuranceLevelCd
Identity Assurance Level	IAL1	IdentityAssuranceLevelCd

Field	Value	IRS element (for citing)
Tax	2022	TaxYr
Build TS	2023-04-26 12:10:37Z	BuildTS

Form 990-PF IRS990PF

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
FMV Assets EOY	$2,736,932	FMVAssetsEOYAmt
Method Of Accounting Accrual	Yes (X)	MethodOfAccountingAccrualInd

Analysis Of Revenue And Expenses AnalysisOfRevenueAndExpenses

Field	Value	IRS element (for citing)
Contri Rcvd Rev And Expnss	$2,410,668	ContriRcvdRevAndExpnssAmt
Interest On Sav Rev And Expnss	$301	InterestOnSavRevAndExpnssAmt
Interest On Sav Net Invst Incm	$301	InterestOnSavNetInvstIncmAmt
Interest On Savings Adj Net Incm	$301	InterestOnSavingsAdjNetIncmAmt
Cap Gain Net Incm Net Invst Incm	$0	CapGainNetIncmNetInvstIncmAmt
Net ST Capital Gain Adj Net Incm	$0	NetSTCapitalGainAdjNetIncmAmt
Other Income Rev And Expnss	$18,182	OtherIncomeRevAndExpnssAmt
Other Income Net Invst Incm	$0	OtherIncomeNetInvstIncmAmt
Other Income Adj Net Incm	$18,182	OtherIncomeAdjNetIncmAmt
Total Rev And Expnss	$2,429,151	TotalRevAndExpnssAmt
Total Net Invst Incm	$301	TotalNetInvstIncmAmt
Total Adj Net Incm	$18,483	TotalAdjNetIncmAmt
Comp Ofcr Dir Trst Rev And Expnss	$162,083	CompOfcrDirTrstRevAndExpnssAmt
Comp Ofcr Dir Trst Net Invst Incm	$0	CompOfcrDirTrstNetInvstIncmAmt
Comp Ofcr Dir Trst Adj Net Incm	$0	CompOfcrDirTrstAdjNetIncmAmt
Comp Ofcr Dir Trst Dsbrs Chrtbl	$162,083	CompOfcrDirTrstDsbrsChrtblAmt
Oth Empl Slrs Wgs Rev And Expnss	$267,993	OthEmplSlrsWgsRevAndExpnssAmt
Oth Empl Slrs Wgs Net Invst Incm	$0	OthEmplSlrsWgsNetInvstIncmAmt
Oth Empl Slrs Wgs Adj Net Incm	$0	OthEmplSlrsWgsAdjNetIncmAmt
Oth Empl Slrs Wgs Dsbrs Chrtbl	$243,354	OthEmplSlrsWgsDsbrsChrtblAmt
Pension Empl Bnft Rev And Expnss	$76,829	PensionEmplBnftRevAndExpnssAmt
Pension Empl Bnft Net Invst Incm	$0	PensionEmplBnftNetInvstIncmAmt
Pension Empl Bnft Adj Net Incm	$0	PensionEmplBnftAdjNetIncmAmt
Pension Empl Bnft Dsbrs Chrtbl	$77,184	PensionEmplBnftDsbrsChrtblAmt
Legal Fees Rev And Expnss	$12,033	LegalFeesRevAndExpnssAmt
Legal Fees Net Invst Incm	$0	LegalFeesNetInvstIncmAmt
Legal Fees Adj Net Incm	$0	LegalFeesAdjNetIncmAmt
Legal Fees Dsbrs Chrtbl	$12,033	LegalFeesDsbrsChrtblAmt
Accounting Fees Rev And Expnss	$7,875	AccountingFeesRevAndExpnssAmt
Accounting Fees Net Invst Incm	$301	AccountingFeesNetInvstIncmAmt
Accounting Fees Adj Net Incm	$0	AccountingFeesAdjNetIncmAmt
Accounting Fees Chrtbl Prps	$1,199	AccountingFeesChrtblPrpsAmt
Other Prof Fees Rev And Expnss	$135,608	OtherProfFeesRevAndExpnssAmt
Other Prof Fees Net Invst Incm	$0	OtherProfFeesNetInvstIncmAmt
Other Prof Fees Adj Net Incm	$0	OtherProfFeesAdjNetIncmAmt
Other Prof Fees Dsbrs Chrtbl	$135,608	OtherProfFeesDsbrsChrtblAmt
Interest Rev And Expnss	$363	InterestRevAndExpnssAmt
Interest Net Invst Incm	$0	InterestNetInvstIncmAmt
Interest Adj Net Incm	$0	InterestAdjNetIncmAmt
Interest Dsbrs Chrtbl	$363	InterestDsbrsChrtblAmt
Occupancy Rev And Expnss	$181,860	OccupancyRevAndExpnssAmt
Occupancy Net Invst Incm	$0	OccupancyNetInvstIncmAmt
Occupancy Adj Net Incm	$18,483	OccupancyAdjNetIncmAmt
Occupancy Dsbrs Chrtbl	$181,271	OccupancyDsbrsChrtblAmt
Trav Conf Meeting Rev And Expnss	$63,279	TravConfMeetingRevAndExpnssAmt
Trav Conf Meeting Net Invst Incm	$0	TravConfMeetingNetInvstIncmAmt
Trav Conf Meeting Adj Net Incm	$0	TravConfMeetingAdjNetIncmAmt
Trav Conf Meeting Dsbrs Chrtbl	$61,043	TravConfMeetingDsbrsChrtblAmt
Other Expenses Rev And Expnss	$885,586	OtherExpensesRevAndExpnssAmt
Other Expenses Net Invst Incm	$0	OtherExpensesNetInvstIncmAmt
Other Expenses Adj Net Incm	$0	OtherExpensesAdjNetIncmAmt
Other Expenses Dsbrs Chrtbl	$885,487	OtherExpensesDsbrsChrtblAmt
Tot Opr Expenses Rev And Expnss	$1,793,509	TotOprExpensesRevAndExpnssAmt
Tot Opr Expenses Net Invst Incm	$301	TotOprExpensesNetInvstIncmAmt
Tot Opr Expenses Adj Net Incm	$18,483	TotOprExpensesAdjNetIncmAmt
Tot Opr Expenses Dsbrs Chrtbl	$1,759,625	TotOprExpensesDsbrsChrtblAmt
Contri Paid Rev And Expnss	$5,000	ContriPaidRevAndExpnssAmt
Contri Paid Dsbrs Chrtbl	$5,000	ContriPaidDsbrsChrtblAmt
Total Expenses Rev And Expnss	$1,798,509	TotalExpensesRevAndExpnssAmt
Total Expenses Net Invst Incm	$301	TotalExpensesNetInvstIncmAmt
Total Expenses Adj Net Incm	$18,483	TotalExpensesAdjNetIncmAmt
Total Expenses Dsbrs Chrtbl	$1,764,625	TotalExpensesDsbrsChrtblAmt
Excess Revenue Over Expenses	$630,642	ExcessRevenueOverExpensesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt

Form990 PF Balance Sheets Form990PFBalanceSheetsGrp

Field	Value	IRS element (for citing)
Cash BOY	$129,239	CashBOYAmt
Cash EOY	$55,333	CashEOYAmt
Cash EOYFMV	$55,333	CashEOYFMVAmt
Sav And Temp Cash Invst BOY	$1,746,495	SavAndTempCashInvstBOYAmt
Sav And Temp Cash Invst EOY	$1,774,087	SavAndTempCashInvstEOYAmt
Sav And Temp Cash Invst EOYFMV	$1,774,087	SavAndTempCashInvstEOYFMVAmt
Grants Receivable EOY	$850,000	GrantsReceivableEOYAmt
Grants Receivable EOYFMV	$850,000	GrantsReceivableEOYFMVAmt
Prepaid Expenses EOY	$8,458	PrepaidExpensesEOYAmt
Prepaid Expenses EOYFMV	$8,458	PrepaidExpensesEOYFMVAmt
Corporate Stock BOY	$0	CorporateStockBOYAmt
Corporate Stock EOY	$4,823	CorporateStockEOYAmt
Corporate Stock EOYFMV	$4,823	CorporateStockEOYFMVAmt
Other Assets BOY	$0	OtherAssetsBOYAmt
Other Assets EOY	$44,231	OtherAssetsEOYAmt
Other Assets EOYFMV	$44,231	OtherAssetsEOYFMVAmt
Total Assets BOY	$1,875,734	TotalAssetsBOYAmt
Total Assets EOY	$2,736,932	TotalAssetsEOYAmt
Total Assets EOYFMV	$2,736,932	TotalAssetsEOYFMVAmt
Accounts Payable BOY	$1,471	AccountsPayableBOYAmt
Accounts Payable EOY	$33,582	AccountsPayableEOYAmt
Mortgages And Notes Payable BOY	$25,910	MortgagesAndNotesPayableBOYAmt
Other Liabilities BOY	$0	OtherLiabilitiesBOYAmt
Other Liabilities EOY	$44,231	OtherLiabilitiesEOYAmt
Total Liabilities BOY	$27,381	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$77,813	TotalLiabilitiesEOYAmt
Organization Follows FASB117	Yes (X)	OrganizationFollowsFASB117Ind
No Donor Rstr Net Assests BOY	$1,848,353	NoDonorRstrNetAssestsBOYAmt
No Donor Rstr Net Assests EOY	$2,659,119	NoDonorRstrNetAssestsEOYAmt
Tot Net Ast Or Fund Balances BOY	$1,848,353	TotNetAstOrFundBalancesBOYAmt
Tot Net Ast Or Fund Balances EOY	$2,659,119	TotNetAstOrFundBalancesEOYAmt
Total Liabilities Net Ast BOY	$1,875,734	TotalLiabilitiesNetAstBOYAmt
Total Liabilities Net Ast EOY	$2,736,932	TotalLiabilitiesNetAstEOYAmt

Chg In Net Assets Fund Balances ChgInNetAssetsFundBalancesGrp

Field	Value	IRS element (for citing)
Tot Net Ast Or Fund Balances BOY	$1,848,353	TotNetAstOrFundBalancesBOYAmt
Excess Revenue Over Expenses	$630,642	ExcessRevenueOverExpensesAmt
Other Increases	$180,641	OtherIncreasesAmt
Subtotal	$2,659,636	SubtotalAmt
Other Decreases	$517	OtherDecreasesAmt
Tot Net Ast Or Fund Balances EOY	$2,659,119	TotNetAstOrFundBalancesEOYAmt

Excise Tax Based On Invst Incm ExciseTaxBasedOnInvstIncmGrp

Field	Value	IRS element (for citing)
Investment Income Excise Tax	$0	InvestmentIncomeExciseTaxAmt
Tax Under Section511	$0	TaxUnderSection511Amt
Subtotal	$0	SubtotalAmt
Subtitle A Tax	$0	SubtitleATaxAmt
Tax Based On Investment Income	$0	TaxBasedOnInvestmentIncomeAmt
Estimated Plus Ovpmt Incm Tx	$0	EstimatedPlusOvpmtIncmTxAmt
Exempt Frgn Org Tax Wthld At Srce	$0	ExemptFrgnOrgTaxWthldAtSrceAmt
Extsn Request Income Tax Paid	$0	ExtsnRequestIncomeTaxPaidAmt
Backup Withholding Withheld	$0	BackupWithholdingWithheldAmt
Total Payments And Credits	$0	TotalPaymentsAndCreditsAmt
Es Penalty	$0	EsPenaltyAmt
Tax Due	$0	TaxDueAmt

Statements Regarding Acty StatementsRegardingActyGrp

Field	Value	IRS element (for citing)
Legislative Political Acty	0	LegislativePoliticalActyInd
More Than100 Spent	0	MoreThan100SpentInd
Form1120 POL Filed	0	Form1120POLFiledInd
Section4955 Organization Tax	$0	Section4955OrganizationTaxAmt
Section4955 Managers Tax	$0	Section4955ManagersTaxAmt
Tax Reimbursed	$0	TaxReimbursedAmt
Activities Not Previously Rpt	0	ActivitiesNotPreviouslyRptInd
Changes To Articles Or Bylaws	0	ChangesToArticlesOrBylawsInd
Unrelated Bus Incm Over Limit	0	UnrelatedBusIncmOverLimitInd
Organization Dissolved Etc	0	OrganizationDissolvedEtcInd
Section508e Rqr Satisfied	0	Section508eRqrSatisfiedInd
At Least5000 In Assets	Yes (1)	AtLeast5000InAssetsInd
Form990 PF Filed With Atty Gen	Yes (1)	Form990PFFiledWithAttyGenInd
Private Operating Foundation	Yes (1)	PrivateOperatingFoundationInd
New Substantial Contributors	Yes (1)	NewSubstantialContributorsInd
Own Controlled Entity	0	OwnControlledEntityInd
Donor Advised Fund	0	DonorAdvisedFundInd
Comply With Public Insp Rqr	Yes (1)	ComplyWithPublicInspRqrInd
Website Address	HTTPS://WWW.GREENWOODPROJECT.ORG/	WebsiteAddressTxt

Persons With Books Name PersonsWithBooksName

Field	Value	IRS element (for citing)
Business Name Line1	KWESI SMITH	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3128198490	PhoneNum

Location Of Books US Address LocationOfBooksUSAddress

Field	Value	IRS element (for citing)
Address Line1	118 N CLINTON ST STE 202	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60661	ZIPCd

Field	Value	IRS element (for citing)
Foreign Accounts Question	0	ForeignAccountsQuestionInd

Statements Regarding Acty4720 StatementsRegardingActy4720Grp

Field	Value	IRS element (for citing)
Sale Or Exch Disqualified Prsn	0	SaleOrExchDisqualifiedPrsnInd
Brrw Or Lend Disqualified Prsn	0	BrrwOrLendDisqualifiedPrsnInd
Furn Goods Disqualified Prsn	0	FurnGoodsDisqualifiedPrsnInd
Pay Comp Disqualified Prsn	Yes (1)	PayCompDisqualifiedPrsnInd
Transfer Ast Disqualified Prsn	0	TransferAstDisqualifiedPrsnInd
Payment To Government Official	0	PaymentToGovernmentOfficialInd
Acts Fail To Qlfy As Exceptions	0	ActsFailToQlfyAsExceptionsInd
Uncorrected Prior Acts	0	UncorrectedPriorActsInd
Undistributed Income PY	0	UndistributedIncomePYInd
Business Holdings	0	BusinessHoldingsInd
Jeopardy Investments	0	JeopardyInvestmentsInd
Uncorrected PY Jeopardy Invst	0	UncorrectedPYJeopardyInvstInd
Influence Legislation	0	InfluenceLegislationInd
Influence Election	0	InfluenceElectionInd
Grants To Individuals	Yes (1)	GrantsToIndividualsInd
Grants To Organizations	0	GrantsToOrganizationsInd
Noncharitable Purpose	0	NoncharitablePurposeInd
Transactions Fail To Qlfy As Exc	0	TransactionsFailToQlfyAsExcInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	0	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	0	PayPremiumsPrsnlBnftCntrctInd
Prohibited Tax Shelter Trans	0	ProhibitedTaxShelterTransInd
Subj To Tax Rmnrtn Ex Prcht Pymt	0	SubjToTaxRmnrtnExPrchtPymtInd

Officer Dir Trst Key Empl Info OfficerDirTrstKeyEmplInfoGrp

Officer Dir Trst Key Empl OfficerDirTrstKeyEmplGrp (11 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee Benefit ProgramEmployeeBenefitProgramAmt	Expense Account Other AllwncExpenseAccountOtherAllwncAmt
BEVON JOSEPH
118 N CLINTON ST STE 202	CHICAGO	IL	60661	PRESIDENT AND CEO	40.00	$93,750	$0	$0
ELOIS JOSEPH
118 N CLINTON ST STE 202	CHICAGO	IL	60661	VP OF STRATEGY	40.00	$68,333	$15,552	$0
KWESI SMITH
118 N CLINTON ST STE 202	CHICAGO	IL	60661	BOARD PRESIDENT	10.00	$0	$0	$0
MICHAEL ROTHKOPF
118 N CLINTON ST STE 202	CHICAGO	IL	60661	TREASURER	6.00	$0	$0	$0
ERIKA KINGETSU
118 N CLINTON ST STE 202	CHICAGO	IL	60661	SECRETARY	1.00	$0	$0	$0
MARK SEBASTIAN
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR	1.00	$0	$0	$0
ALFARIDA MOHAMMED
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR	1.00	$0	$0	$0
ANGELA JONES
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR	1.00	$0	$0	$0
CATHERINE CLAY
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR	1.00	$0	$0	$0
MICHAEL PIPER
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR	1.00	$0	$0	$0
SIZWE KAMARA
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR	2.00	$0	$0	$0

Compensation Highest Paid Empl CompensationHighestPaidEmplGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	TitleTitleTxt	Average Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRt	CompensationCompensationAmt	Employee BenefitsEmployeeBenefitsAmt	Expense AccountExpenseAccountAmt
EMILY HOLTHAUS
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR OF EDUCATIO	40.00	$86,250	$0	$0
CHARLES TURNER
118 N CLINTON ST STE 202	CHICAGO	IL	60661	DIRECTOR OF OPERATIO	40.00	$71,872	$0	$0

Field	Value	IRS element (for citing)
Other Employee Paid Over50k	0	OtherEmployeePaidOver50kCnt

Compensation Of Hghst Pd Cntrct CompensationOfHghstPdCntrctGrp (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd	Service TypeServiceTypeTxt	CompensationCompensationAmt
DEPAUL UNIVERSITY
2400 N SHEFFIELD AVE	CHICAGO	IL	60614	HOUSING AND CATERING SERVICES	$105,478
STREETMASTERS INC
275 MADISON AVE 1201	NEW YORK	NY	10016	EDUCATIONAL SERVICES	$61,794

Field	Value	IRS element (for citing)
Contractor Paid Over50k	0	ContractorPaidOver50kCnt

Summary Of Direct Chrtbl Acty SummaryOfDirectChrtblActyGrp

Field	Value	IRS element (for citing)
Description1	GREENWOOD PROJECT'S COLLEGE PROGRAM: WITH THE GOAL OF BOTH EXPOSURE TO CAREERS IN THE FINANCIAL SERVICES INDUSTRY AND BUILDING CAREER PATHWAYS INTO THE INDUSTRY FOR BLACK AND LATINX STUDENTS, THE GREENWOOD PROJECT'S COLLEGE PROGRAMS ARE ENGINEERED TO PROVIDE MEANINGFUL TRAINING AND WORK EXPERIENCES FOR STUDENTS ACROSS MULTIPLE YEARS OF THEIR COLLEGE CAREERS. AFTER A FOUR (4) WEEK INTENSIVE BOOT CAMP THAT COVERS PROFESSIONAL SKILLS, ACCOUNTING PRINCIPLES, AND THE BASICS OF FINANCIAL MARKETS AND VALUATION, STUDENTS MOVE INTO SIX (6) WEEK INTERNSHIP EXPERIENCES AT PARTNER COMPANIES ACROSS THE FINANCIAL SERVICES INDUSTRY. UPON THE COMPLETION OF THEIR TRAINING SUMMER, STUDENTS WHO RETURN TO THE PROGRAM FOR MULTIPLE YEARS MOVE INTO TRADITIONAL TEN (10) TO TWELVE (12) WEEK INTERNSHIP PLACEMENTS. THROUGHOUT THEIR ENGAGEMENT WITH THE GREENWOOD PROJECT, STUDENTS MEET AND ENGAGE WITH OVER 100 CORPORATE VOLUNTEERS AND PROFESSIONALS FOR EACH YEAR OF THEIR PARTICIPATION IN THE PROGRAM.	Description1Txt
Expenses1	$831,905	Expenses1Amt
Description2	OVER THE COURSE OF SIX (6) WEEKS, ACCEPTED STUDENTS ARE IMMERSED IN AN INTENSIVE PROGRAM THAT COVERS A COMBINATION OF FINANCIAL AND TECHNICAL EDUCATION WITH EXTENSIVE EXPOSURE TO CAREERS IN THE FINANCIAL SERVICES INDUSTRY. IN ADDITION TO EACH INSTITUTE'S CURRICULUM, STUDENTS MEET AND INTERACT WITH A MINIMUM OF 100 CORPORATE VOLUNTEERS FROM ACROSS THE FINANCE INDUSTRY AND FROM SOME OF THE NATION'S LARGEST FINANCIAL FIRMS, LEARNING ABOUT THEIR COMPANIES, THEIR ROLES, AND VARIOUS CAREER PATHWAYS INTO THE INDUSTRY.IN THE FINTECH INSTITUTE, STUDENTS WORK THROUGH A CURRICULUM THAT COVERS PROFESSIONAL SKILLS, AN INTRODUCTION TO CODING, AND BASIC FUNCTIONS OF THE CODING LANGUAGE PYTHON. STUDENTS COMPLETE MINI- PROJECTS WHERE THEY APPLY THEIR LEARNING ABOUT CODING TO COMPLETE BASIC FINANCIAL ANALYSIS. THE PROGRAM CULMINATES IN A FINAL CODING PRESENTATION WHERE STUDENTS WRITE CODE TO ANALYZE MARKET DATA AND CREATE AN INVESTING STRATEGY BASED ON THEIR ANALYSIS.	Description2Txt
Expenses2	$286,654	Expenses2Amt
Description3	OVER THE COURSE OF SIX (6) WEEKS, ACCEPTED STUDENTS ARE IMMERSED IN AN INTENSIVE PROGRAM THAT COVERS A COMBINATION OF FINANCIAL AND TECHNICAL EDUCATION WITH EXTENSIVE EXPOSURE TO CAREERS IN THE FINANCIAL SERVICES INDUSTRY. IN ADDITION TO EACH INSTITUTE'S CURRICULUM, STUDENTS MEET AND INTERACT WITH A MINIMUM OF 100 CORPORATE VOLUNTEERS FROM ACROSS THE FINANCE INDUSTRY AND FROM SOME OF THE NATION'S LARGEST FINANCIAL FIRMS, LEARNING ABOUT THEIR COMPANIES, THEIR ROLES, AND VARIOUS CAREER PATHWAYS INTO THE INDUSTRY. OUR HIGH SCHOOL STUDENTS COME FROM 45 DISTINCT ZIP CODES IN THE CHICAGOLAND AREA. IN THE FINANCIAL INSTITUTE, STUDENTS WORK THROUGH A CURRICULUM THAT COVERS PROFESSIONAL SKILLS, TOPICS IN PERSONAL FINANCE, BASIC ACCOUNTING PRINCIPLES, AND AN INTRODUCTION TO FINANCIAL MARKETS. THE PROGRAM CULMINATES IN A STOCK PITCH PROJECT, WHERE STUDENTS MUST ANALYZE THE FINANCIALS OF A COMPANY AND PITCH THEIR APPROACH TO INVESTING IN THAT COMPANY'S STOCK.	Description3Txt
Expenses3	$333,389	Expenses3Amt

Sum Of Program Related Invst SumOfProgramRelatedInvstGrp

Field	Value	IRS element (for citing)
Total	$0	TotalAmt

Minimum Investment Return MinimumInvestmentReturnGrp

Field	Value	IRS element (for citing)
Average Monthly FMV Of Sec	$268	AverageMonthlyFMVOfSecAmt
Average Monthly Cash Balances	$2,126,989	AverageMonthlyCashBalancesAmt
FMV All Other Noncharitable Ast	$52,689	FMVAllOtherNoncharitableAstAmt
Total FMV Of Unused Assets	$2,179,946	TotalFMVOfUnusedAssetsAmt
Reduction Claimed	$0	ReductionClaimedAmt
Acquisition Indebtedness	$0	AcquisitionIndebtednessAmt
Adjusted Total FMV Of Unused Ast	$2,179,946	AdjustedTotalFMVOfUnusedAstAmt
Cash Deemed Charitable	$32,699	CashDeemedCharitableAmt
Net Vl Noncharitable Assets	$2,147,247	NetVlNoncharitableAssetsAmt
Minimum Investment Return	$80,301	MinimumInvestmentReturnAmt

Distributable Amount DistributableAmountGrp

Field	Value	IRS element (for citing)
Sect4942j3j5 Fndtn And Frgn Org	Yes (X)	Sect4942j3j5FndtnAndFrgnOrgInd

PF Qualifying Distributions PFQualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Expenses And Contributions	$1,764,625	ExpensesAndContributionsAmt
Program Related Invst Total	$0	ProgramRelatedInvstTotalAmt
Qualifying Distributions	$1,764,625	QualifyingDistributionsAmt

Private Operating Foundations PrivateOperatingFoundationsGrp

Field	Value	IRS element (for citing)
Private Operating Fndtn Ruling	2018-07-09	PrivateOperatingFndtnRulingDt
Section4942j3	Yes (X)	Section4942j3Ind

Lessor Adj Net Incm Min Invst Ret LessorAdjNetIncmMinInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Pct85 Lessor Adj Incm Or Min Ret Pct85LessorAdjIncmOrMinRetGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Qualifying Distributions QualifyingDistributionsGrp

Field	Value	IRS element (for citing)
Current Year	$1,764,625	CurrentYearAmt
Year1	$1,319,497	Year1Amt
Year2	$326,232	Year2Amt
Year3	$188,115	Year3Amt
Total	$3,598,469	TotalAmt

Qualifying Distri Not Used Drt QualifyingDistriNotUsedDrtGrp

Field	Value	IRS element (for citing)
Current Year	$1,764,625	CurrentYearAmt
Year1	$1,319,497	Year1Amt
Year2	$326,232	Year2Amt
Year3	$188,115	Year3Amt
Total	$3,598,469	TotalAmt

Qualifying Distri Made Drt QualifyingDistriMadeDrtGrp

Field	Value	IRS element (for citing)
Current Year	$0	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$0	Year3Amt
Total	$0	TotalAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
Current Year	$2,736,932	CurrentYearAmt
Year1	$1,875,734	Year1Amt
Year2	$1,296,310	Year2Amt
Year3	$194,054	Year3Amt
Total	$6,103,030	TotalAmt

Total Assets Sect4942j3 Bi TotalAssetsSect4942j3BiGrp

Field	Value	IRS element (for citing)
Current Year	$8,458	CurrentYearAmt
Year1	$0	Year1Amt
Year2	$0	Year2Amt
Year3	$34,937	Year3Amt
Total	$43,395	TotalAmt

Two Thirds Minimum Invst Ret TwoThirdsMinimumInvstRetGrp

Field	Value	IRS element (for citing)
Current Year	$53,534	CurrentYearAmt
Year1	$50,130	Year1Amt
Year2	$25,824	Year2Amt
Year3	$3,871	Year3Amt
Total	$133,359	TotalAmt

Total Support TotalSupportGrp

Field	Value	IRS element (for citing)
Current Year	$2,377,193	CurrentYearAmt
Year1	$2,223,966	Year1Amt
Year2	$1,418,921	Year2Amt
Year3	$168,557	Year3Amt
Total	$6,188,637	TotalAmt

Public Support Type PublicSupportType

Field	Value	IRS element (for citing)
Current Year	$2,377,193	CurrentYearAmt
Year1	$2,223,966	Year1Amt
Year2	$1,408,877	Year2Amt
Year3	$168,549	Year3Amt
Total	$6,178,585	TotalAmt

Largest Support From EO LargestSupportFromEOGrp

Field	Value	IRS element (for citing)
Current Year	$150,000	CurrentYearAmt
Total	$150,000	TotalAmt

Gross Investment Income GrossInvestmentIncomeGrp

Field	Value	IRS element (for citing)
Current Year	$301	CurrentYearAmt
Year1	$0	Year1Amt
Year3	$8	Year3Amt
Total	$309	TotalAmt

Supplementary Information SupplementaryInformationGrp

Field	Value	IRS element (for citing)
Only Contri To Preselected	Yes (X)	OnlyContriToPreselectedInd

Grant Or Contribution Pd Dur Yr GrantOrContributionPdDurYrGrp

Recipient Business Name RecipientBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BRANDY WAYNE	BusinessNameLine1Txt

Recipient US Address RecipientUSAddress

Field	Value	IRS element (for citing)
Address Line1	7642 S COLFAX AVE	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60649	ZIPCd

Field	Value	IRS element (for citing)
Recipient Relationship	NONE	RecipientRelationshipTxt
Grant Or Contribution Purpose	SCHOLARSHIP	GrantOrContributionPurposeTxt
Amt	$5,000	Amt

Field	Value	IRS element (for citing)
Total Grant Or Contri Pd Dur Yr	$5,000	TotalGrantOrContriPdDurYrAmt
Total Grant Or Contri Apprv Fut	$0	TotalGrantOrContriApprvFutAmt

Analysis Income Producing Acty AnalysisIncomeProducingActyGrp

Int On Sav And Temp Cash Invst IntOnSavAndTempCashInvstGrp

Field	Value	IRS element (for citing)
Exclusion	14	ExclusionCd
Exclusion	$301	ExclusionAmt

Other Revenue Described OtherRevenueDescribedGrp (3 entries)

DescDesc	ExclusionExclusionCd	ExclusionExclusionAmt	Related Or Exempt Function IncmRelatedOrExemptFunctionIncmAmt
IRS REFUND	01	$5,195	$0
REIMBURSEMENT INCOME	01	$11,100	$0
OTHER REVENUE	01	$1,887	$0

Subtotals Incm Producing Acty SubtotalsIncmProducingActyGrp

Field	Value	IRS element (for citing)
Unrelated Business Taxbl Incm	$0	UnrelatedBusinessTaxblIncmAmt
Exclusion	$18,483	ExclusionAmt
Related Or Exempt Function Incm	$0	RelatedOrExemptFunctionIncmAmt

Field	Value	IRS element (for citing)
Total Income Producing Acty	$18,483	TotalIncomeProducingActyAmt

Trnsfr Trans Rln Nonchrtbl EO TrnsfrTransRlnNonchrtblEOGrp

Field	Value	IRS element (for citing)
Trnsfr Of Cash To Nonchrtbl EO	0	TrnsfrOfCashToNonchrtblEOInd
Trnsfr Other Asset Nonchrtbl EO	0	TrnsfrOtherAssetNonchrtblEOInd
Sales Or Exchanges Of Assets	0	SalesOrExchangesOfAssetsInd
Purchase Of Assets Nonchrtbl EO	0	PurchaseOfAssetsNonchrtblEOInd
Rental Of Facilities Oth Assets	0	RentalOfFacilitiesOthAssetsInd
Reimbursement Arrangements	0	ReimbursementArrangementsInd
Loans Or Loan Guarantees	0	LoansOrLoanGuaranteesInd
Performance Of Services Etc	0	PerformanceOfServicesEtcInd
Sharing Of Facilities Etc	0	SharingOfFacilitiesEtcInd
Relationships Nonchrtbl EO	0	RelationshipsNonchrtblEOInd

Schedule B IRS990ScheduleB

Field	Value	IRS element (for citing)
Organization501c3 Exempt PF	Yes (X)	Organization501c3ExemptPFInd
General Rule	Yes (X)	GeneralRuleInd

Contributor Information ContributorInformationGrp (35 entries)

ContributorContributorNum	Address Line1ContributorUSAddress/AddressLine1Txt	CityContributorUSAddress/CityNm	State AbbreviationContributorUSAddress/StateAbbreviationCd	ZIPContributorUSAddress/ZIPCd	Total ContributionsTotalContributionsAmt	Person ContributionPersonContributionInd	Noncash ContributionNoncashContributionInd
ALTRUIST CORP
1	3030 LA CIENEGA BLVD	CULVER CITY	CA	90232	$25,000	Yes (X)
BELVEDERE CARES INC
2	10 SOUTH RIVERSIDE PLAZA SUITE 2000	CHICAGO	IL	60606	$25,000	Yes (X)
BENEVITY FUND - ANONYMOUS DONOR
3	118 N CLINTON ST STE 202	CHICAGO	IL	60606	$8,758	Yes (X)
BLOOMBERG PHILANTHROPIES
4	25 EAST 78TH STREET	NEW YORK	NY	10075	$25,000	Yes (X)
BMO HARRIS NA
5	320 S CANAL ST	CHICAGO	IL	60606	$50,000	Yes (X)
CBOE GLOBAL MARKETS
6	433 W VAN BUREN STREET	CHICAGO	IL	60607	$400,000	Yes (X)
CITADEL ENTERPRISES
7	2 HOUSTON CTR	HOUSTON	TX	77010	$260,000	Yes (X)
CME GROUP FOUNDATION
8	20 S WACKER DR	CHICAGO	IL	60606	$25,000	Yes (X)
DEUTSCHE BOERSE AG NEUE BOERSENST
9	233 S WACKER DR SUITE 455	CHICAGO	IL	60606	$15,014	Yes (X)
DRIEHAUS CAPITAL MANAGEMENT LLC
10	25 E ERIE ST	CHICAGO	IL	60011	$5,390	Yes (X)
DRW FOUNDATION
11	540 W MADISON STREET	CHICAGO	IL	60661	$150,000	Yes (X)
FIFTH THIRD BANK
12	222 S RIVERSIDE PLAZA 32ND FL	CHICAGO	IL	60606	$10,000	Yes (X)
FIRSTRADE SECURITIES INC
13	30-50 WHITESTONE EXPRESSWAY SUITE A	FLUSHING	NY	11354	$25,000	Yes (X)
INSTITUTE FOR FINANCIAL MARKETS (IFM)
14	2001 PENNSYLVANIA AVE NW STE 600	WASHINGTON	DC	20006	$12,000	Yes (X)
JANUS CAPITAL MANAGEMENT LLC
15	71 S WACKER DR SUITE 3410	CHICAGO	IL	60606	$546,000	Yes (X)
JULIAN GRACE FOUNDATION
16	1849 GREEN BAY RD	HIGHLAND PARK	IL	60035	$36,000	Yes (X)
KF PARTNERS
17	444 WEST LAKE STREET SUITE 3450	CHICAGO	IL	60606	$5,000	Yes (X)
MEISROW FINANCIAL INVESTMENT MANAGEMENT INC
18	353 NORTH CLARK ST	CHICAGO	IL	60654	$50,000	Yes (X)
MICHAEL AND CHRISTINE ROTHKOPF FAMILY CHARITABLE FUND
19	2011 W RACE AVENUE	CHICAGO	IL	60612	$25,000	Yes (X)
MORGAN STANLEY
20	1585 BROADWAY	NEW YORK	NY	10036	$50,000	Yes (X)
NATIONAL ORG OF INVESTMENT PROF
21	195 HICKORY DRIVE	RAYNHAM	MA	02767	$10,000	Yes (X)
NEUBERGER BERMAN GROUP (NB GROUP)
22	1290 AVENUE OF THE AMERICAS	NEW YORK	NY	10104	$50,000	Yes (X)
NOMURA HOLDINGS
23	309 WEST 49TH STREET	NEW YORK	NY	10019	$50,000	Yes (X)
R DIERMEIER
24	N4438 EAGLE BLUFF CT	ONALASKA	WI	54650	$25,000	Yes (X)
RAKESH KHANNA
25	131 S DEARBORN FL 32 32W401	CHICAGO	IL	60603	$25,000	Yes (X)
CHARLES SCHWAB
26	PO BOX 628298	ORLANDO	FL	32862	$50,000	Yes (X)
SEBASTIAN FAMILY CHARITABLE FOUNDATION
27	47 TARTAN LAKES DR	WESTMONT	IL	60559	$30,000	Yes (X)
SOCIETE GENERALE (SOCGEN)
28	245 PARK AVE 5TH FLOOR	NEW YORK	NY	10167	$50,000	Yes (X)
THE BOEING COMPANY CHARITABLE TRUST
29	PO BOX 803878	CHICAGO	IL	60680	$50,000	Yes (X)
UBS FINANCIAL SERVICES
30	1285 AVENUE OF THE AMERICAS	NEW YORK	NY	10019	$65,000	Yes (X)
WELLINGTON MANAGEMENT FOUNDATION
31	280 CONGRESS STREET	BOSTON	MA	02210	$25,000	Yes (X)
WILLIAM BLAIR & COMPANY CHARITABLE FUND
32	150 N RIVERSIDE 43RD FL	CHICAGO	IL	60606	$108,820	Yes (X)
US SMALL BUSINESS ADMINISTRATION
33	409 3RD ST SW	WASHINGTON	DC	20416	$26,273	Yes (X)
DATACAMP
34	350 FIFTH AVE SUITE 7730	NEW YORK	NY	10118	$17,910	Yes (X)	Yes (X)
DEPAUL UNIVERSITY
35	2400 N SHEFFIELD AVE	CHICAGO	IL	60614	$33,475	Yes (X)	Yes (X)

Non Cash Property Contribution NonCashPropertyContributionGrp (2 entries)

ContributorContributorNum	Noncash PropertyNoncashPropertyDesc	Fair Market ValueFairMarketValueAmt	ReceivedReceivedDt
34	45 SUBSCRIPTION LICENSES	$17,910	2022-07-06
35	CATERED FOOD	$33,475	2022-09-30

Accounting Fees Schedule AccountingFeesSchedule

Accounting Fees Detail AccountingFeesDetail

Field	Value	IRS element (for citing)
Category	ACCOUNTING FEES	CategoryTxt
Amt	$7,875	Amt
Net Investment Income	$301	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$1,199	DisbursementsCharitablePrpsAmt

General Explanation Attachment GeneralExplanationAttachment

General Explanation GeneralExplanationGrp

Field	Value	IRS element (for citing)
Identifier	481(A) ADJUSTMENT	IdentifierTxt
Form And Line Reference	PART I, LINE 1	FormAndLineReferenceDesc
Medium Explanation	THERE WAS A CHANGE IN ACCOUNTING METHOD FROM CASH TO ACCRUAL BASIS. THE 481(A) ADJUSTMENT OF $328,000 IS INCLUDED ON LINE 1, CONTRIBUTIONS, GIFTS, AND GRANTS. THERE IS NO FEDERAL INCOME TAX IMPACT OF THIS CHANGE.	MediumExplanationTxt

Investments Corp Stock Schedule InvestmentsCorpStockSchedule

Investments Corporate Stock InvestmentsCorporateStockGrp (2 entries)

StockStockNm	EOY Book ValueEOYBookValueAmt	EOYFMVEOYFMVAmt
ALPHABET INC-CL C	$3,846	$3,846
IDEXX LABORATORIES INC.	$977	$977

Legal Fees Schedule LegalFeesSchedule

Legal Fees LegalFeesGrp

Field	Value	IRS element (for citing)
Category	LEGAL FEES	CategoryTxt
Legal Fees	$12,033	LegalFeesAmt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$12,033	DisbursementsCharitablePrpsAmt

Other Assets Schedule OtherAssetsSchedule

Other Assets Schedule OtherAssetsScheduleGrp

Field	Value	IRS element (for citing)
Desc	RIGHT OF USE ASSET	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$44,231	EOYBookValueAmt
EOYFMV	$44,231	EOYFMVAmt

Other Decreases Schedule OtherDecreasesSchedule

Other Decreases Detail OtherDecreasesDetail

Field	Value	IRS element (for citing)
Desc	UNREALIZED LOSS ON INVESTMENTS	Desc
Amt	$517	Amt

Other Expenses Schedule OtherExpensesSchedule

Other Expenses Schedule OtherExpensesScheduleGrp (6 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Net Investment IncomeNetInvestmentIncomeAmt	Adjusted Net IncomeAdjustedNetIncomeAmt	Disbursements Charitable PrpsDisbursementsCharitablePrpsAmt
MARKETING	$39,576	$0	$0	$39,576
STUDENT EXPENSES	$745,459	$0	$0	$745,459
OFFICE EXPENSES	$60,121	$0	$0	$60,022
TECHNOLOGY	$5,836	$0	$0	$5,836
INSURANCE	$17,281	$0	$0	$17,281
OTHER EXPENSES	$17,313	$0	$0	$17,313

Other Income Schedule2 OtherIncomeSchedule2

Other Income Detail OtherIncomeDetail (3 entries)

DescDesc	Revenue And Expenses Per BooksRevenueAndExpensesPerBooksAmt	Adjusted Net IncomeAdjustedNetIncomeAmt
IRS REFUND	$5,195	$5,195
REIMBURSEMENT INCOME	$11,100	$11,100
OTHER REVENUE	$1,887	$1,887

Other Increases Schedule OtherIncreasesSchedule

Other Increases Detail OtherIncreasesDetail

Field	Value	IRS element (for citing)
Desc	DONATED SERVICES/USE OF FACILITIES	Desc
Amt	$180,641	Amt

Other Liabilities Schedule OtherLiabilitiesSchedule

Other Liabilities Detail OtherLiabilitiesDetail

Field	Value	IRS element (for citing)
Desc	RIGHT OF USE LIABILITY	Desc
BOY Book Value	$0	BOYBookValueAmt
EOY Book Value	$44,231	EOYBookValueAmt

Other Professional Fees Schedule OtherProfessionalFeesSchedule

Other Professional Fees Detail OtherProfessionalFeesDetail

Field	Value	IRS element (for citing)
Category	CONTRACTOR FEES	CategoryTxt
Amt	$135,608	Amt
Net Investment Income	$0	NetInvestmentIncomeAmt
Adjusted Net Income	$0	AdjustedNetIncomeAmt
Disbursements Charitable Prps	$135,608	DisbursementsCharitablePrpsAmt

Substantial Contributors Sch SubstantialContributorsSch

Substantial Contributor Detail SubstantialContributorDetail (2 entries)

Address Line1USAddress/AddressLine1Txt	CityUSAddress/CityNm	State AbbreviationUSAddress/StateAbbreviationCd	ZIPUSAddress/ZIPCd
CITADEL ENTERPRISES
2 HOUSTON CENTER	HOUSTON	TX	77010
JANUS CAPITAL MANAGEMENT LLC
71 S WACKER DR SUITE 3410	CHICAGO	IL	60606