KELLI JOY OLAUGHLIN MEMORIAL FUND: Form 990, tax year 2017

View the entire original 990 at ProPublica ↗

Organization
KELLI JOY OLAUGHLIN MEMORIAL FUND (EIN 47-1399206)
Tax period
2017-07-01 to 2018-06-30
Filed
2018-08-29
IRS object ID
201802419349300940
Schema version
2017v2.2
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)
Return2018-08-29T16:11:30-07:00ReturnTs
Tax Period End2018-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1HEINZ & ASSOCIATESBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1200 BURLINGTON AVEAddressLine1Txt
CityCLARENDON HILLSCityNm
State AbbreviationILStateAbbreviationCd
ZIP60514ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2017-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN471399206EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1KELLI JOY O'LAUGHLIN MEMORIAL FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlKELLBusinessNameControlTxt
Phone7084464474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16309 KEOKUK ROADAddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonJOHN O'LAUGHLINPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone7084464474PhoneNum
Signature2018-08-08SignatureDt
Discuss With Paid PreparerYes (true)DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonRICHARD J HEINZPreparerPersonNm
PTINP00655701PTIN
Phone6309860475PhoneNum
Preparation2018-08-29PreparationDt
Self EmployedYes (X)SelfEmployedInd
FieldValueIRS element (for citing)
Tax2017TaxYr
Build TS2022-09-23 18:48:47ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerJOHN O'LAUGHLINPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line16309 KEOKUK RDAddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$120,688GrossReceiptsAmt
Group Return For AffiliatesfalseGroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website Addresshttp://kellijoyolaughlinmemorialfund.com/WebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation2014FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTO PROVIDE DEVELOPMENT, SOCIAL, AND EDUCATIONAL OPPORTUNITIES THAT WILL ENHANCE THE LIVES OF YOUNG ADULTS IN THE COMMUNITIES IT SERVES.ActivityOrMissionDesc
Voting Members Governing Body5VotingMembersGoverningBodyCnt
Voting Members Independent2VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers50TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
PY Contributions Grants$90,368PYContributionsGrantsAmt
CY Contributions Grants$120,688CYContributionsGrantsAmt
CY Program Service Revenue$0CYProgramServiceRevenueAmt
CY Investment Income$0CYInvestmentIncomeAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$90,368PYTotalRevenueAmt
CY Total Revenue$120,688CYTotalRevenueAmt
PY Grants And Similar Paid$42,000PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$93,500CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
CY Salaries Comp Emp Bnft Paid$0CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$0CYTotalFundraisingExpenseAmt
PY Other Expenses$10,711PYOtherExpensesAmt
CY Other Expenses$363CYOtherExpensesAmt
PY Total Expenses$52,711PYTotalExpensesAmt
CY Total Expenses$93,863CYTotalExpensesAmt
PY Revenues Less Expenses$37,657PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$26,825CYRevenuesLessExpensesAmt
Total Assets BOY$572,888TotalAssetsBOYAmt
Total Assets EOY$599,713TotalAssetsEOYAmt
Total Liabilities EOY$0TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$572,888NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$599,713NetAssetsOrFundBalancesEOYAmt
MissionTO PROVIDE DEVELOPMENT, SOCIAL,MissionDesc
Significant New Program SrvcfalseSignificantNewProgramSrvcInd
Significant ChangefalseSignificantChangeInd
Expense$93,500ExpenseAmt
Grant$93,500GrantAmt
DescSCHOLARSHIP FUND- 23 STUDENTS WERE AWARDED/RENEWED SCHOLARSHIPS FOR THE FALL OF 2017 SCHOOL YEAR. SEE ATTACHED STATEMENT #4Desc
Total Program Service Expenses$93,500TotalProgramServiceExpensesAmt
Described In Section501c3Yes (true)DescribedInSection501c3Ind
Schedule B RequiredYes (true)ScheduleBRequiredInd
Political Campaign ActyfalsePoliticalCampaignActyInd
Lobbying ActivitiesfalseLobbyingActivitiesInd
Subject To Proxy TaxfalseSubjectToProxyTaxInd
Donor Advised FundYes (true)DonorAdvisedFundInd
Conservation EasementsfalseConservationEasementsInd
Collections Of ArtfalseCollectionsOfArtInd
Credit CounselingfalseCreditCounselingInd
Temp Or Permanent EndowmentsfalseTempOrPermanentEndowmentsInd
Report Land Building EquipmentfalseReportLandBuildingEquipmentInd
Report Investments Other SecfalseReportInvestmentsOtherSecInd
Report Program Related InvstfalseReportProgramRelatedInvstInd
Report Other AssetsfalseReportOtherAssetsInd
Report Other LiabilitiesfalseReportOtherLiabilitiesInd
Include FIN48 FootnotefalseIncludeFIN48FootnoteInd
Independent Audit Fincl StmtfalseIndependentAuditFinclStmtInd
Consolidated Audit Fincl StmtfalseConsolidatedAuditFinclStmtInd
School OperatingfalseSchoolOperatingInd
Foreign OfficefalseForeignOfficeInd
Foreign ActivitiesfalseForeignActivitiesInd
More Than5000 K To OrgfalseMoreThan5000KToOrgInd
More Than5000 K To IndividualsfalseMoreThan5000KToIndividualsInd
Professional FundraisingfalseProfessionalFundraisingInd
Fundraising ActivitiesYes (true)FundraisingActivitiesInd
Gaming ActivitiesfalseGamingActivitiesInd
Operate HospitalfalseOperateHospitalInd
Grants To OrganizationsfalseGrantsToOrganizationsInd
Grants To IndividualsYes (true)GrantsToIndividualsInd
Schedule J RequiredfalseScheduleJRequiredInd
Tax Exempt BondsfalseTaxExemptBondsInd
Engaged In Excess Benefit TransfalseEngagedInExcessBenefitTransInd
PY Excess Benefit TransfalsePYExcessBenefitTransInd
Loan OutstandingfalseLoanOutstandingInd
Grant To Related PersonfalseGrantToRelatedPersonInd
Business Rln With Org MemfalseBusinessRlnWithOrgMemInd
Business Rln With Fam MemfalseBusinessRlnWithFamMemInd
Business Rln With Officer EntfalseBusinessRlnWithOfficerEntInd
Deductible Non Cash ContrifalseDeductibleNonCashContriInd
Deductible Art ContributionfalseDeductibleArtContributionInd
Terminate OperationsfalseTerminateOperationsInd
Partial LiquidationfalsePartialLiquidationInd
Disregarded EntityfalseDisregardedEntityInd
Related EntityfalseRelatedEntityInd
Related Organization Ctrl EntfalseRelatedOrganizationCtrlEntInd
Activities Conducted PrtshpfalseActivitiesConductedPrtshpInd
Schedule O RequiredYes (true)ScheduleORequiredInd
IRP Document0IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Employee0EmployeeCnt
Unrelated Bus Incm Over LimitfalseUnrelatedBusIncmOverLimitInd
Foreign Financial AccountfalseForeignFinancialAccountInd
Prohibited Tax Shelter TransfalseProhibitedTaxShelterTransInd
Taxable Party NotificationfalseTaxablePartyNotificationInd
Nondeductible ContributionsfalseNondeductibleContributionsInd
Quid Pro Quo ContributionsYes (true)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (true)QuidProQuoContriDisclInd
Form8282 Property Disposed OffalseForm8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft CntrctfalseRcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft CntrctfalsePayPremiumsPrsnlBnftCntrctInd
DAF Excess Business HoldingsfalseDAFExcessBusinessHoldingsInd
Taxable DistributionsfalseTaxableDistributionsInd
Distribution To DonorfalseDistributionToDonorInd
Indoor Tanning ServicesfalseIndoorTanningServicesInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members5GoverningBodyVotingMembersCnt
Independent Voting Member2IndependentVotingMemberCnt
Family Or Business RlnYes (true)FamilyOrBusinessRlnInd
Delegation Of Mgmt DutiesfalseDelegationOfMgmtDutiesInd
Change To Org DocumentsfalseChangeToOrgDocumentsInd
Material Diversion Or MisusefalseMaterialDiversionOrMisuseInd
Members Or StockholdersfalseMembersOrStockholdersInd
Election Of Board MembersfalseElectionOfBoardMembersInd
Decisions Subject To ApprovafalseDecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (true)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (true)MinutesOfCommitteesInd
Officer Mailing AddressfalseOfficerMailingAddressInd
Local ChaptersfalseLocalChaptersInd
Form990 Provided To Gvrn BodyYes (true)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (true)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (true)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (true)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (true)WhistleblowerPolicyInd
Document Retention PolicyYes (true)DocumentRetentionPolicyInd
Compensation Process CEOfalseCompensationProcessCEOInd
Compensation Process OtherfalseCompensationProcessOtherInd
Investment In Joint VenturefalseInvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

FieldValueIRS element (for citing)
PersonJOHN O'LAUGHLINPersonNm
Phone7084464474PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line16309 KEOKUK ROADAddressLine1Txt
CityINDIAN HEAD PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60525ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (5 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmt
JOHN O'LAUGHLIN
PRESIDENT2.00Yes (X)$0$0$0
BRENDA O'LAUGHLIN
DIRECTOR2.00Yes (X)$0$0$0
BRIDGETTE DOUGLAS
DIRECTOR2.00Yes (X)$0$0$0
RICHARD HEINZ
DIRECTOR2.00Yes (X)$0$0$0
DOUGLAS PORTER
DIRECTOR2.00Yes (X)$0$0$0
FieldValueIRS element (for citing)
Former Ofcr Employees ListedfalseFormerOfcrEmployeesListedInd
Total Comp Greater Than150 KfalseTotalCompGreaterThan150KInd
Compensation From Other SrcsfalseCompensationFromOtherSrcsInd
Fundraising$70,833FundraisingAmt
All Other Contributions$49,855AllOtherContributionsAmt
Total Contributions$120,688TotalContributionsAmt
Contri Rpt Fundraising Event$70,833ContriRptFundraisingEventAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$120,688TotalRevenueColumnAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$93,500TotalAmt
Program Services$93,500ProgramServicesAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$363TotalAmt
Program Services$0ProgramServicesAmt
Management And General$363ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$93,863TotalAmt
Program Services$93,500ProgramServicesAmt
Management And General$363ManagementAndGeneralAmt
Fundraising$0FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

FieldValueIRS element (for citing)
BOY$572,888BOYAmt
EOY$599,713EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$572,888BOYAmt
EOY$599,713EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt
FieldValueIRS element (for citing)
Organization Follows SFAS117Yes (X)OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

FieldValueIRS element (for citing)
BOY$572,888BOYAmt
EOY$599,713EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$572,888BOYAmt
EOY$599,713EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$572,888BOYAmt
EOY$599,713EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part XIYes (X)InfoInScheduleOPartXIInd
Reconcilation Revenue Expnss$26,825ReconcilationRevenueExpnssAmt
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Accountant Compile Or ReviewfalseAccountantCompileOrReviewInd
FS AuditedfalseFSAuditedInd
Federal Grant Audit RequiredfalseFederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Publicly Supported Org509a2Yes (X)PubliclySupportedOrg509a2Ind
Public Support Total170$0PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Total$0TotalAmt
FieldValueIRS element (for citing)
Public Support CY1700PublicSupportCY170Pct

Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$297,475CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$164,963CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$90,368CurrentTaxYearMinus1YearAmt
Current Tax Year$120,688CurrentTaxYearAmt
Total$673,494TotalAmt

Total509 Total509Grp

FieldValueIRS element (for citing)
Current Tax Year Minus3 Years$297,475CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$164,963CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$90,368CurrentTaxYearMinus1YearAmt
Current Tax Year$120,688CurrentTaxYearAmt
Total$673,494TotalAmt
FieldValueIRS element (for citing)
Public Support Total509$673,494PublicSupportTotal509Amt

Total Support Calendar Year TotalSupportCalendarYearGrp

FieldValueIRS element (for citing)
Total$673,494TotalAmt
FieldValueIRS element (for citing)
First5 Years509Yes (X)First5Years509Ind
Public Support CY5090PublicSupportCY509Pct
Investment Income CY0InvestmentIncomeCYPct

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

FieldValueIRS element (for citing)
Donor Advised Funds Held1DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri$18,499DonorAdvisedFundsContriAmt
Donor Advised Funds Vl EOY$319,436DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg CtrlYes (true)DisclosedOrgLegCtrlInd
Disclosed For Charitable PrpsYes (true)DisclosedForCharitablePrpsInd

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1RUN FOR KELLIEvent1Nm
Gross Receipts Event1$41,206GrossReceiptsEvent1Amt
Gross Revenue Event1$41,206GrossRevenueEvent1Amt
Other Direct Expenses Event1$4,558OtherDirectExpensesEvent1Amt
Event2GOLF OUTINGEvent2Nm
Gross Receipts Event2$33,548GrossReceiptsEvent2Amt
Gross Revenue Event2$33,548GrossRevenueEvent2Amt
Other Direct Expenses Event2$13,906OtherDirectExpensesEvent2Amt
Gross Receipts Other Events$17,480GrossReceiptsOtherEventsAmt
Gross Revenue Other Events$17,480GrossRevenueOtherEventsAmt
Oth Direct Expnss Other Events$4,054OthDirectExpnssOtherEventsAmt
Gross Receipts Total$92,234GrossReceiptsTotalAmt
Gross Revenue Total Events$92,234GrossRevenueTotalEventsAmt
Oth Direct Expnss Total Events$22,518OthDirectExpnssTotalEventsAmt
Direct Expense Summary Events$22,518DirectExpenseSummaryEventsAmt
Net Income Summary$69,716NetIncomeSummaryAmt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records MaintainedYes (true)GrantRecordsMaintainedInd

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant Type1 YEAR COLLEGE SCHOLARSHIPSGrantTypeTxt
Recipient47RecipientCnt
Cash Grant$93,500CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt I Line 2THE KJO MEMORIAL FOUNDATION AWARDS THE SCHOLARSHIP WINNERS A 1 YEAR COLLEGE SCHOLARSHIP THAT CAN THEN BE RENEWED UP TO 3 MORE TIMES FOR A TOTAL OF 4 YEARS OF COLLEGE SCHOLARSHIP PER INDIVIDUAL.
Pt III, col (b)This included 1 scholarship at $1,000 each, 19 scholarships at $1,500 each, 7 scholarships at $2,000 each, 18 scholarships at $2,500 each and 1 scholarship at $5,000.

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (9 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
Pt VI, Line 2RELATED PARTY INFORMATION AMONG OFFICERS. JOHN O'LAUGHLIN-PRESIDENT (SPOUSE) BRENDA O'LAUGHLIN (DAUGHTER) BRIDGETTE DOUGLAS
Pt VI, Line 19GOVERNING DOCUMENTS DISCLOSURE EXPLANATION-DOCUMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.
Pt VI, Line 11bORGANIZATION'S PROCESS TO REVIEW FORM 990:THE RETURN WAS REVIEWED BY THE FULL BOARD OF DIRECTORS BEFORE THE RETURN WAS FILED.
Pt XITHE CHICAGO COMMUNITY TRUST-SHORT TERM INVESTMENT POOL FMV AS OF 6/30/2018.
Pt VI, Line 12cCONFLICT OF INTEREST POLICY IS DISCUSSED AND REVIEWED AT MEETINGS THROUGHOUT THE YEAR. IF THERE IS A CONFLICT OF INTEREST, THEN THE MEMBER IS PROHIBITED FROM VOTING ON THE MATTER.
Form 990, Part IX, Line 24eOPERATIONS 0. 0. 0. 0.
Form 990, Part IX, Line 24eMISC EXPENSES 348. 0. 348. 0.
Form 990, Part IX, Line 24eCORPORATE FILINGS 0. 0. 0. 0.
Form 990, Part IX, Line 24eBANK FEES 15. 0. 15. 0.

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