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IVY PEARL FOUNDATION: Form 990EZ, tax year 2020

View the entire original 990 at ProPublica ↗

Organization
IVY PEARL FOUNDATION (EIN 36-4294465)
Tax period
2020-01-01 to 2020-12-31
Filed
2021-05-13
IRS object ID
202141359349200449
Schema version
2020v4.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2021-05-13T17:56:49-04:00ReturnTs
Tax Period End2020-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1Judith J Jager CPABusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line11002 Florence AveAddressLine1Txt
CityEvanstonCityNm
State AbbreviationILStateAbbreviationCd
ZIP60202ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2020-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN364294465EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1Ivy Pearl Foundation IncBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlIVYPBusinessNameControlTxt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1P O Box 5842AddressLine1Txt
CityEvanstonCityNm
State AbbreviationILStateAbbreviationCd
ZIP602045842ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonStella Salasu HickmanPersonNm
Person TitlePresidentPersonTitleTxt
Phone2243607450PhoneNum
Signature2021-05-17SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Signing Officer SigningOfficerGrp

Person Full Name PersonFullName

FieldValueIRS element (for citing)
Person FirstStellaPersonFirstNm
Person LastSalasu HickmanPersonLastNm

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJudith J JagerPreparerPersonNm
PTINP01322476PTIN
Phone8478648173PhoneNum
Preparation2021-05-13PreparationDt
Self EmployedYes (X)SelfEmployedInd

Additional Filer Information AdditionalFilerInformation

Trusted Customer TrustedCustomerGrp

FieldValueIRS element (for citing)
Trusted Customer0TrustedCustomerCd
OOB Security Verification00OOBSecurityVerificationCd
Authentication Assurance LevelAAL1AuthenticationAssuranceLevelCd
Identity Assurance LevelIAL1IdentityAssuranceLevelCd
FieldValueIRS element (for citing)
Tax2020TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website Addressivypearlfoundation.orgWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$20,154GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$7,085ContributionsGiftsGrantsEtcAmt
Membership Dues$10,110MembershipDuesAmt
Investment Income$2,866InvestmentIncomeAmt
Fundraising Gross Income$93FundraisingGrossIncomeAmt
Special Events Net Income Loss$93SpecialEventsNetIncomeLossAmt
Total Revenue$20,154TotalRevenueAmt
Grants And Similar Amounts Paid$21,065GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$725FeesAndOtherPymtToIndCntrctAmt
Occupancy Rent Utlts And Maint$800OccupancyRentUtltsAndMaintAmt
Printing Publications Postage$80PrintingPublicationsPostageAmt
Other Expenses Total$8,242OtherExpensesTotalAmt
Total Expenses$30,912TotalExpensesAmt
Excess Or Deficit For Year-$10,758ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$110,762NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$4,231OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$104,235NetAssetsOrFundBalancesEOYAmt
Info In Schedule O Part IIYes (X)InfoInScheduleOPartIIInd

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$108,011BOYAmt
EOY$100,961EOYAmt

Land And Buildings LandAndBuildingsGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Other Assets Total Detail OtherAssetsTotalDetail

FieldValueIRS element (for citing)
BOY$2,751BOYAmt
EOY$3,274EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$110,762BOYAmt
EOY$104,235EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$110,762BOYAmt
EOY$104,235EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeSee Schedule OPrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp (3 entries)

Description Program Srvc AccomDescriptionProgramSrvcAccomTxtGrants And AllocationsGrantsAndAllocationsAmtProgram Service ExpensesProgramServiceExpensesAmt
Academic Scholarship Grants to 18 young adults$17,500$589
Community and young womens programs, including grants$7,245$3,695
Grant to Educational Advancement Foundation for scholarships and community programs$1,700$300
FieldValueIRS element (for citing)
Total Program Service Expenses$4,584TotalProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (8 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
Stella Salasu Hickman
President1.00$0$0$0
Kesha Burch Sims
Vice President0.50$0$0$0
Wanda Withers
Recording Secretary0.50$0$0$0
Patricia A Vance
Financial Secretary0.50$0$0$0
Deldri R Dugger
Treasurer1.00$0$0$0
Felicia Hardy
Member at Large0.50$0$0$0
Jasmine McClain
Member at Large0.50$0$0$0
Janice Tounsel
Audit Committee Chairman0.50$0$0$0
FieldValueIRS element (for citing)
Activities Not Previously RptfalseActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not RptfalseChgMadeToOrgnzngDocNotRptInd
Organization Had UBIfalseOrganizationHadUBIInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Organization Dissolved EtcfalseOrganizationDissolvedEtcInd
Form1120 Pol FiledfalseForm1120PolFiledInd
Made Loans To From OfficersfalseMadeLoansToFromOfficersInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonStella Salisu HickmanPersonNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12571 Essex DriveAddressLine1Txt
CityNorthbrookCityNm
State AbbreviationILStateAbbreviationCd
ZIP60062ZIPCd
FieldValueIRS element (for citing)
Phone2243607450PhoneNum
FieldValueIRS element (for citing)
Foreign Financial AccountfalseForeignFinancialAccountInd
Foreign OfficefalseForeignOfficeInd
Donor Advised FndsfalseDonorAdvisedFndsInd
Operate HospitalfalseOperateHospitalInd
Tanning Services ProvidedfalseTanningServicesProvidedInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Transaction With Control EntfalseTransactionWithControlEntInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
School OperatingfalseSchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd OrgfalseTrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Filed Schedule AYes (true)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$5,058CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$18,613CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$22,508CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$29,686CurrentTaxYearMinus1YearAmt
Current Tax Year$17,223CurrentTaxYearAmt
Total$93,088TotalAmt

Gross Receipts Admissions GrossReceiptsAdmissionsGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$34,203CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$46,703CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$49,437CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$43,647CurrentTaxYearMinus1YearAmt
Current Tax Year$65CurrentTaxYearAmt
Total$174,055TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$39,261CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$65,316CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$71,945CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$73,333CurrentTaxYearMinus1YearAmt
Current Tax Year$17,288CurrentTaxYearAmt
Total$267,143TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$267,143PublicSupportTotal509Amt

Gross Investment Income509 GrossInvestmentIncome509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,367CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,439CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,768CurrentTaxYearMinus1YearAmt
Current Tax Year$2,866CurrentTaxYearAmt
Total$8,440TotalAmt

Investment Income And UBTI InvestmentIncomeAndUBTIGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$1,000CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,367CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$1,439CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$1,768CurrentTaxYearMinus1YearAmt
Current Tax Year$2,866CurrentTaxYearAmt
Total$8,440TotalAmt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$40,261CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$66,683CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$73,384CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$75,101CurrentTaxYearMinus1YearAmt
Current Tax Year$20,154CurrentTaxYearAmt
Total$275,583TotalAmt
FieldValueIRS element (for citing)
Public Support CY5090.96940PublicSupportCY509Pct
Public Support PY5090.97320PublicSupportPY509Pct
Investment Income CY0.03000InvestmentIncomeCYPct
Investment Income PY0.03000InvestmentIncomePYPct
Thirty Thr Pct Suprt Tests CY509Yes (X)ThirtyThrPctSuprtTestsCY509Ind

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (5 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
List of grants and similar amounts paid Part I line 10Activity Charitable Oganizations Grantee HBCU, Ed. Advancement Fund,Various Amount 3,565Activity Scholarships Grantee 17 individual college students Amount 17,500
Description of other expenses Part I line 16Description AmountAdministration 751Insurance 1,496Government Fees 25Programs 5,381Scholarship Administration 589
Other changes in net assets or fund balances Part I line 20Description AmountUnrealized gain in investments 4,231
Description of other assets Part II line 24Category Beginning of Year End of YearPrepaid expense 2,751 3,274Net unrealized gain on investments was $4,231. Adjusted for difference in 2019 Y/E balance in Net Assets; reduced by $.
Part III response or note to any other line in Part IIIThe foundations purpose is to financially support the programs of Alpha Kappa Alpha Sorority, Incorporated, Delta Chi Omega Chapter and other programs that promote education, economic empowerment, health and the importance of family. The Ivy Pearl Foundation, Inc. raises funds through member dues and fundraising efforts. The Foundation meets a minimum of four times each year to consider organizational matters, program grant proposals and develop fundraising strategies.

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