CHICAGO PUBLIC EDUCATION FUND: Form 990, tax year 2022
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO PUBLIC EDUCATION FUND (EIN 36-4279013)
- Tax period
- 2022-01-01 to 2022-12-31
- Filed
- 2023-11-06
- IRS object ID
- 202313109349302136
- 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
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule G
- Schedule I
- Schedule J
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2023-11-06T12:19:38-06:00 | ReturnTs |
| Tax Period End | 2022-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 420714325 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RSM US LLP | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 30 South Wacker Dr Suite 3300 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 606063392 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2022-01-01 | 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 & CEO | PersonTitleTxt |
| Phone | 3125584500 | PhoneNum |
| Signature | 2023-11-02 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
Signing Officer SigningOfficerGrp
Person Full Name PersonFullName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person First | Heather | PersonFirstNm |
| Person Last | Anichini | PersonLastNm |
| Field | Value | IRS element (for citing) |
|---|---|---|
| SSN | XXX-XX-XXXX | SSN |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | Rebekuh Eley | PreparerPersonNm |
| PTIN | P01247672 | PTIN |
| Phone | 3126343400 | PhoneNum |
| Preparation | 2023-11-02 | PreparationDt |
Additional Filer Information AdditionalFilerInformation
Trusted Customer TrustedCustomerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Trusted Customer | 2 | 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 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 | $38,389,569 | 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 improves public schools by investing in the talented educators who lead them. | ActivityOrMissionDesc |
| Voting Members Governing Body | 27 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 26 | VotingMembersIndependentCnt |
| Total Employee | 41 | TotalEmployeeCnt |
| Total Volunteers | 27 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $5,360,177 | PYContributionsGrantsAmt |
| CY Contributions Grants | $24,987,900 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | -$38,710 | PYInvestmentIncomeAmt |
| CY Investment Income | -$300,138 | CYInvestmentIncomeAmt |
| PY Other Revenue | $0 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $5,321,467 | PYTotalRevenueAmt |
| CY Total Revenue | $24,687,762 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $609,001 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $711,499 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $2,355,038 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $2,735,269 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $61,142 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $299,790 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,584,598 | PYOtherExpensesAmt |
| CY Other Expenses | $2,387,407 | CYOtherExpensesAmt |
| PY Total Expenses | $5,548,637 | PYTotalExpensesAmt |
| CY Total Expenses | $5,895,317 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | -$227,170 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $18,792,445 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $21,727,022 | TotalAssetsBOYAmt |
| Total Assets EOY | $40,657,031 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,071,238 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,468,698 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $20,655,784 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $39,188,333 | 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. We are a catalyst for accelerating student learning and a long-standing leader in identifying and scaling what works for not only teachers and principals, but also their students. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $1,871,958 | ExpenseAmt |
| Grant | $586,999 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Programmatic SupportsThe Fund supports principals and aspiring principals through quality programming, actionable data, and public reporting. Fund programs are open to all educators leading in Chicago's public schools. We serve leaders in schools across the city, representing a diversity of school types, including elementary, high school, charter, and district. Our two largest programs were Professional Learning Communities and the Summer Design Program. These programs accounted for 167 (53%) and 77 (24%) of our participant slots, respectively. Both programs aimed to meet principal and aspiring principal needs and were regularly featured on our website and in our reports.Professional Learning Communities 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. Professional Learning Community leaders were frequently featured on our website.Our Summer Design Program equipped educators with the resources to create student-centered solutions to school-based challenges. Participants designed and tested new or modified approaches to teaching, learning, and climate. Some of the promising practices that emerged were featured in a series of case studies. In addition to the Professional Learning Communities and the Summer Design Program, our team managed two principal fellowships, a program focused on aspiring principals, and piloted a Masterclass series in 2022. The Fund's programs supported 315 leaders across 246 schools, serving 130,000 students across the city. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,865,552 | ExpenseAmt |
| Grant | $124,500 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Systems, Data, and PoliciesThe Fund has invested in educator talent in Chicago for over 20 years. In the last decade, our focus has narrowed on school leaders. Chicago's school leaders shoulder tremendous responsibilities, and they require the autonomy to act on the needs of their communities. As such, The Fund's policy work is dedicated to building a culture of strong local leadership in Chicago. We deeply value our partnerships with other organizations in our systems-level work. In 2022, we worked most closely with our partners at Chicago Public Schools. Our annual Principal Engagement Survey and new Assistant Principal Engagement Survey helped inform district strategy, including the launch of several working groups designed to invite principal voices. We regularly staffed CPS efforts to surface and act on the perspectives of educators in schools. Additionally, we held a legislative breakfast in February 2022 to share principal and assistant principal perspectives with elected leaders. Through this event, we introduced legislators to principals in their districts. We encouraged educators to share positive stories from their schools and legislators to ask questions about the issues affecting teaching and learning. Finally, we published 11 case studies in 2022. These reports were designed to amplify school practices that accelerated student learning in the wake of the pandemic. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $944,003 | ExpenseAmt |
| Grant | $0 | GrantAmt |
| Revenue | $0 | RevenueAmt |
| Desc | Educator EngagementIn 2022, The Fund also connected educators to the broader research community, to our work, and to one another. We celebrated their innovation and leadership citywide. In May, we shared a report from the Chicago Consortium on School Research about the successful practices used to support English Language Learners in Chicago. We also facilitated a learning discussion with the authors, Chicago Public Schools leadership, and local educators.In June, we hosted an Innovation Showcase, which featured the work of six school teams. Each team shared a specific promising practice, answering questions from one another and the broader community. Several of the presenters were award winners, having participated in the Design Challenge we sponsored earlier in the spring. We shared all of the practices they shared in our communications.In October, The Fund celebrated educators citywide through our sixth annual Principal Appreciation Campaign. The 2022 campaign included two school visits, three casual events for principals to reconnect with peers, and one event at the Museum of Science and Industry that featured stories of resilience from school leaders. We also designed and executed a social media campaign and mailed pins recognizing their years of service to all public school principals in Chicago. Throughout the year, we hosted an Educator Advisory Committee, whose members consulted on our work. Composed of 34 leaders from across the city, the group offered thoughtful insight into policy topics that would improve school leader conditions. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $4,681,513 | 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 | Yes (1) | 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 | 0 | 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 | 74 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 41 | 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 | 27 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 26 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | Yes (1) | 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
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | Heather Y Anichini | PersonNm |
| 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 (32 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|
| Heather Y Anichini | |||||||
| President & CEO | 55.00 | Yes (X) | Yes (X) | $388,007 | $0 | $45,564 | |
| Brent Gledhill | |||||||
| Chair | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Kenneth C Griffin | |||||||
| Vice Chair until 7/1/22 | 1.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Helen H Zell | |||||||
| Vice Chair | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Jill M Garling | |||||||
| Treasurer | 4.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Barbara Malott Kizziah | |||||||
| Secretary | 2.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | |
| Ellen Alberding | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Gillian Darlow | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John Dugenske | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kimberly Evans | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jim Frank | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| John Garabedian | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Austan Goolsbee | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Christina Herzog | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Kelly Howe | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Stuart Lucas | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Karen May | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Siddharth Mehta | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Anthony Miller | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Auyana Orr | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Judy Pomeranz | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Jesse Ruiz | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Andrea Saenz | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Penny Bender Sebring | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Brian P Simmons | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Eric Smith | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| David J Vitale | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| DAndre J Weaver | |||||||
| Director | 1.00 | Yes (X) | $0 | $0 | $0 | ||
| Anne Bringewatt | |||||||
| Director, Data | 40.00 | $111,119 | $0 | $6,192 | Yes (X) | ||
| Nelson Gerew | |||||||
| Director, Data & Policy | 40.00 | $202,500 | $0 | $8,080 | Yes (X) | ||
| Bridget Lee | |||||||
| Director, Engagement & Operations | 40.00 | $136,588 | $0 | $12,476 | Yes (X) | ||
| Esther Lee | |||||||
| Sr. Manager, Educator Supports | 40.00 | $100,025 | $0 | $6,322 | Yes (X) | ||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $938,239 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $78,634 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 5 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| The Chicago Public Schools | |||||
| 42 West Madison Street | Chicago | IL | 60602 | Principal Professional Development | $432,000 |
| Accelerate Institute | |||||
| 833 W Jackson Blvd 8th Floor | Chicago | IL | 60607 | Leadership Bridge Program | $140,970 |
| Leadership and Design | |||||
| 206 Brooke Acres Drive | Los Gatos | CA | 95032 | Summer Design Program | $137,379 |
| New Leaders Inc | |||||
| 30 W 26th St 10th Floor | New York | NY | 10010 | Leadership Bridge Program | $119,000 |
| Cahn Fellow Programs | |||||
| 3540 E Broad St Ste 120 | Mansfield | TX | 76063 | Cahn Fellows Program | $115,375 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 5 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $24,987,900 | AllOtherContributionsAmt |
| Noncash Contributions | $90,655 | NoncashContributionsAmt |
| Total Contributions | $24,987,900 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $344,943 | TotalRevenueColumnAmt |
| Exclusion | $344,943 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,056,726 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $13,701,807 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$645,081 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$645,081 | TotalRevenueColumnAmt |
| Exclusion | -$645,081 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $24,687,762 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | -$300,138 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part IX | Yes (X) | InfoInScheduleOPartIXInd |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $454,000 | TotalAmt |
| Program Services | $454,000 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $257,499 | TotalAmt |
| Program Services | $257,499 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $432,947 | TotalAmt |
| Program Services | $281,415 | ProgramServicesAmt |
| Management And General | $64,942 | ManagementAndGeneralAmt |
| Fundraising | $86,590 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,925,925 | TotalAmt |
| Program Services | $1,657,584 | ProgramServicesAmt |
| Management And General | $185,673 | ManagementAndGeneralAmt |
| Fundraising | $82,668 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,716 | TotalAmt |
| Program Services | $36,356 | ProgramServicesAmt |
| Management And General | $3,591 | ManagementAndGeneralAmt |
| Fundraising | $769 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $182,063 | TotalAmt |
| Program Services | $153,254 | ProgramServicesAmt |
| Management And General | $18,427 | ManagementAndGeneralAmt |
| Fundraising | $10,382 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $153,618 | TotalAmt |
| Program Services | $126,660 | ProgramServicesAmt |
| Management And General | $16,223 | ManagementAndGeneralAmt |
| Fundraising | $10,735 | FundraisingAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,164 | TotalAmt |
| Management And General | $6,164 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $27,023 | TotalAmt |
| Management And General | $27,023 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $69,926 | TotalAmt |
| Management And General | $69,926 | ManagementAndGeneralAmt |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $61,142 | TotalAmt |
| Fundraising | $61,142 | FundraisingAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $33,532 | TotalAmt |
| Management And General | $33,532 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,500,348 | TotalAmt |
| Program Services | $1,177,919 | ProgramServicesAmt |
| Management And General | $322,429 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $66,142 | TotalAmt |
| Program Services | $37,111 | ProgramServicesAmt |
| Management And General | $10,481 | ManagementAndGeneralAmt |
| Fundraising | $18,550 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,429 | TotalAmt |
| Program Services | $60,286 | ProgramServicesAmt |
| Management And General | $47,145 | ManagementAndGeneralAmt |
| Fundraising | $2,998 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $90,659 | TotalAmt |
| Program Services | $73,516 | ProgramServicesAmt |
| Management And General | $12,093 | ManagementAndGeneralAmt |
| Fundraising | $5,050 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $193,999 | TotalAmt |
| Program Services | $157,315 | ProgramServicesAmt |
| Management And General | $25,877 | ManagementAndGeneralAmt |
| Fundraising | $10,807 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,672 | TotalAmt |
| Program Services | $26,002 | ProgramServicesAmt |
| Management And General | $16,670 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $56,573 | TotalAmt |
| Program Services | $35,560 | ProgramServicesAmt |
| Management And General | $21,013 | ManagementAndGeneralAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $181,321 | TotalAmt |
| Program Services | $147,036 | ProgramServicesAmt |
| Management And General | $24,186 | ManagementAndGeneralAmt |
| Fundraising | $10,099 | FundraisingAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $8,619 | TotalAmt |
| Management And General | $8,619 | ManagementAndGeneralAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,895,317 | TotalAmt |
| Program Services | $4,681,513 | ProgramServicesAmt |
| Management And General | $914,014 | ManagementAndGeneralAmt |
| Fundraising | $299,790 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,368,103 | BOYAmt |
| EOY | $2,479,760 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $43,996 | BOYAmt |
| EOY | $1,178,000 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,152,411 | BOYAmt |
| EOY | $18,064,802 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $126,163 | BOYAmt |
| EOY | $94,293 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,549,128 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $471,882 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $891,907 | BOYAmt |
| EOY | $1,077,246 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $14,030,609 | BOYAmt |
| EOY | $17,602,992 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,833 | BOYAmt |
| EOY | $159,938 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,727,022 | BOYAmt |
| EOY | $40,657,031 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $113,421 | BOYAmt |
| EOY | $161,478 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $175,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $957,817 | BOYAmt |
| EOY | $1,132,220 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,071,238 | BOYAmt |
| EOY | $1,468,698 | 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 | $14,206,197 | BOYAmt |
| EOY | $20,605,259 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,449,587 | BOYAmt |
| EOY | $18,583,074 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $20,655,784 | BOYAmt |
| EOY | $39,188,333 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $21,727,022 | BOYAmt |
| EOY | $40,657,031 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $18,792,445 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | -$258,296 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | -$1,600 | 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 | $11,278,121 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,056,803 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,583,791 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,360,177 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,987,900 | CurrentTaxYearAmt |
| Total | $50,266,792 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $11,278,121 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $6,056,803 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,583,791 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,360,177 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $24,987,900 | CurrentTaxYearAmt |
| Total | $50,266,792 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $29,340,707 | SubstantialContributorsTotAmt |
| Public Support Total170 | $20,926,085 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $138,620 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $215,991 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $269,835 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $255,668 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $344,943 | CurrentTaxYearAmt |
| Total | $1,225,057 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus3 Years | $3,120 | CurrentTaxYearMinus3YearsAmt |
| Total | $3,120 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $51,494,969 | TotalSupportAmt |
| Public Support CY170 | 0.40640 | PublicSupportCY170Pct |
| Public Support PY170 | 0.55200 | 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 | Miscellaneous Income - 2019 Amount: $ 3,120. | 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 | $430 | FilingOrganizationsTotalAmt |
Total Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $69,496 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $69,926 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $5,730,717 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $5,800,643 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $440,032 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $110,008 | 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 | $402,819 | CurrentYearMinus3Amt |
| Current Year Minus2 | $384,861 | CurrentYearMinus2Amt |
| Current Year Minus1 | $425,852 | CurrentYearMinus1Amt |
| Current Year | $440,032 | CurrentYearAmt |
| Total | $1,653,564 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,480,346 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $46,217 | CurrentYearMinus1Amt |
| Current Year | $69,926 | CurrentYearAmt |
| Total | $116,143 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $100,705 | CurrentYearMinus3Amt |
| Current Year Minus2 | $96,215 | CurrentYearMinus2Amt |
| Current Year Minus1 | $106,463 | CurrentYearMinus1Amt |
| Current Year | $110,008 | CurrentYearAmt |
| Total | $413,391 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $620,087 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus1 | $3,043 | CurrentYearMinus1Amt |
| Current Year | $430 | CurrentYearAmt |
| Total | $3,473 | TotalAmt |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Schedule C, Part II-A | FormAndLineReferenceDesc |
| Explanation | Fund team members held meetings with Illinois General Assembly members and their staff members to discuss legislation that might impact principal quality in Chicago's public schools. The Fund also employed a legislative consultant to provide services such as education-related bill tracking, material development, and outreach. | ExplanationTxt |
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 | $1,003,623 | BeginningYearBalanceAmt |
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | -$240,351 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,763,272 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributions | $1,000,000 | ContributionsAmt |
| Investment Earnings Or Losses | $3,623 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $1,003,623 | EndYearBalanceAmt |
| 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 | $1,154,777 | OtherCostOrOtherBasisAmt |
| Depreciation | $226,590 | DepreciationAmt |
| Book Value | $928,187 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $394,351 | OtherCostOrOtherBasisAmt |
| Depreciation | $245,292 | DepreciationAmt |
| Book Value | $149,059 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $1,077,246 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | Operating Lease Liability | Desc |
| Amt | $1,132,220 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $1,132,220 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $25,663,270 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | -$258,296 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $1,267,336 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $1,009,040 | RevenueNotReportedAmt |
| Revenue Subtotal | $24,654,230 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $33,532 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $33,532 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $24,687,762 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,127,521 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $1,267,336 | DonatedServicesUseFcltsAmt |
| Losses Reported | -$1,600 | LossesReportedAmt |
| Expenses Not Reported | $1,265,736 | ExpensesNotReportedAmt |
| Expenses Subtotal | $5,861,785 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $33,532 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $33,532 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $5,895,317 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Part IV, Line 2b: | During 2022, The Fund entered into a fiscal agency agreement with several funders. As of December 31, 2022, $175,000 had been received. Under this agreement, and at the direction of the funders, The Fund will disburse up to the full amount received to complete a project related to the governance of Chicago's public schools. The project was not complete at the close of the fiscal year, so the full $175,000 remains on the 2022 balance sheet. |
| Part V, Line 4: | The Fund established a board-designated Endowment Fund to support the operations and initiatives of The Fund and its programmatic activity over the long term. |
| Part X, Line 2: | The Fund is generally exempt from federal income tax under Section 501(c)(3) of the Internal Revenue Code and applicable state law. In addition, The Fund qualifies for the charitable contribution deduction under Section 170(b)(A)(1)(vi) and has been classified as an organization that is not a private foundation under Section 509(a)(2). The accounting standard on accounting for uncertainty in income taxes states that The Fund may recognize the tax benefit from an uncertain tax position only if it is more likely than not that 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 that there are any unrecognized tax benefits or tax liabilities that should be recorded for the reporting periods presented in these financial statements. |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Agrmt Prof Fundraising Acty | Yes (1) | AgrmtProfFundraisingActyInd |
Fundraiser Activity Info FundraiserActivityInfoGrp
Organization Business Name OrganizationBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Campbell & Co | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 E Wacker Dr Ste 2100 | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | Fundraising | ActivityTxt |
| Fundraiser Control Of Funds | 0 | FundraiserControlOfFundsInd |
| Gross Receipts | $0 | GrossReceiptsAmt |
| Retained By Contractor | $61,142 | RetainedByContractorAmt |
| Net To Organization | -$61,142 | NetToOrganizationAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Retained By Contractors | $61,142 | TotalRetainedByContractorsAmt |
| Total Net To Organization | -$61,142 | TotalNetToOrganizationAmt |
| Licensed States | IL | LicensedStatesCd |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | Yes (1) | GrantRecordsMaintainedInd |
Recipient Table RecipientTable
Recipient Business Name RecipientBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chicago Public Schools | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 42 W Madison St | AddressLine1Txt |
| City | Chicago | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60602 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Recipient EIN | 366005821 | RecipientEIN |
| IRC Section | City of Chicago | IRCSectionDesc |
| Cash Grant | $391,500 | CashGrantAmt |
| Non Cash Assistance | $0 | NonCashAssistanceAmt |
| Purpose Of Grant | Program participation stipends | PurposeOfGrantTxt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 1 | 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 | 43 | RecipientCnt |
| Cash Grant | $257,499 | 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 pursuant to benchmark schedules, and grant dollars are disbursed to grantees only upon documented evidence that grantees are achieving or working toward achieving the most critical factors for their programs 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 (2 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 | $353,007 | $0 | $35,000 | $0 | $0 | $0 | $15,960 | $0 | $29,604 | $0 | $433,571 | $0 | $0 | $0 |
| Nelson Gerew | ||||||||||||||
| Director, Data & Policy | $202,500 | $0 | $0 | $0 | $0 | $0 | $8,080 | $0 | $0 | $0 | $210,580 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | Part I, Line 7 | FormAndLineReferenceDesc |
| Explanation | Bonuses awarded during 2022 were determined under the discretion of the Board of Directors and are correctly reported on Sch J, Part II, Col. (B)(ii). | ExplanationTxt |
Schedule M IRS990ScheduleM
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 2 | ContributionCnt |
| Noncash Contributions Rpt F990 | $87,083 | 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 | Event Expenses | Desc |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $3,572 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | Cost | MethodOfDeterminingRevenuesTxt |
| 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 the number of contributions. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (10 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| Form 990, Part VI, Section A, line 2 | John Dugenske and Siddharth Mehta have a business relationship. |
| Form 990, Part VI, Section A, line 4 | In September 2022, The Fund changed the Board of Directors bylaws. The change updated the number of Directors from no fewer than twenty and no more than twenty-five to no fewer than twenty-five and no more than thirty. |
| Form 990, Part VI, Section B, line 11b | The President and CEO review the completed Form 990, and 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 prior to filing 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 President & CEO for review and when necessary, referred to the Executive Committee for their 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 in relation to 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 | 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, through a review of Form 990s and survey data produced by national and regional industry associations. For other staff salaries, a review of compensation levels at comparable organizations was conducted by the CEO, and her recommendations for salary adjustments were reviewed by the Governance, Operations, Finance, and Audit Committee in conjunction with the annual budget planning process. The process for determining the compensation is documented. |
| Form 990, Part VI, Section C, line 18 | IRS Form 990 filings are available on Organization's website https://thefundchicago.org/who-we-are/donor-resources/. |
| 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). |
| Form 990, Part IX, line 11g | Programmatic Supports: Program service expenses 1,104,056. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,104,056. Fellows Non-Payroll Stipends: Program service expenses 67,222. Management and general expenses 0. Fundraising expenses 0. Total expenses 67,222. Consultants: Program service expenses 6,641. Management and general expenses 320,274. Fundraising expenses 0. Total expenses 326,915. Clerical Temps: Program service expenses 0. Management and general expenses 2,155. Fundraising expenses 0. Total expenses 2,155. |
| Form 990, Part IX, Line 11g: | Fellows Non-Payroll Stipend: The University of Chicago's Harris School of Public Policy fellowships for Programmatic Supports and Systems, Data and Policies teams. |
| Form 990, Part XI, line 9: | Loss on uncollectable pledges -1,600. |
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