2018-01-09T15:00:36-06:00 2017-06-30 350921680 CROWE HORWATH LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2016-07-01 364094830 Children First Fund The Chicago Public Schools Foundation CHIL 7735534059 42 West Madison Street 2nd Floor Chicago IL 60602 Frank Clark President 2017-12-20 true JENNIFER BURKE P01342224 3128997000 2016 2021-01-29 14:40:06Z Frank Clark 42 West Madison Street 2nd Floor Chicago IL 60602 9954600 false X www.cps.edu/About_CPS/Departments/Pages/ChildrenFirstFundCPSFoundation.aspx X 1996 IL The CFF mission is to support CPS' ultimate goal of ensuring that every child in every school is on track at every stage in his or her career to graduate prepared for success in postsecondary education and employment. 5 4 0 6 0 0 4003382 9938269 0 10962 31637 -177962 -15306 3836382 9954600 4234148 6106216 0 0 0 0 85967 72152 4320115 6178368 -483733 3776232 7628314 11377039 207437 179930 7420877 11197109 The Children First Fund: Chicago Public Schools Foundation (CFF) is a non-profit organization incorporated under the Illinois General Not-For-Profit Corporation Act. CFF was founded in 1996 to improve the quality of education in and increase support of the Chicago Public Schools system, a related governmental entity. CFF directs resources towards areas of identified need, by providing mechanisms through which community, foundation and civic resources can be allocated for educational programs and initiatives in a stable, equitable and timely manner, increasing community, foundation and civic involvement with and support for the Chicago Public School system, and by such other means as are appropriate and consistent with the purpose of CFF. false false 6106216 6106216 -15306 CFF, established in 1996, is the 501(c)(3) non-profit organization for the Chicago Public Schools (CPS). In this capacity, CFF acts as a fiscal agent for foundation, corporate, and individual contributions to CPS to fund programs that supplement educational opportunities. The CFF mission is to support CPS' ultimate goal of ensuring that every child in every school is on track at every stage in his or her career to graduate prepared for success in postsecondary education and employment. CFF has raised over $100 million for CPS schools and administrative units since its inception. CFF provides fiscal and grants management services for over 300 CPS programs and schools. 6106216 true true false false false false false false false false false false false false false true true false false false false false false false false false false true true true false false false false false false false false true false false false false true false false false true 99 0 true 0 false false false false false false false false false false X 5 4 false false false false true true false true true false false true true true true true true false false false IL X Beatriz A Jimenez 7735534059 42 West Madison Street 2nd Floor Chicago IL 60602 Frank Clark Director, President Oct 2016-Present 1.0 X X 0 0 0 Terry Mazany President-Thru Sept 2016, Director Oct 2016-Present 1.0 X X 0 0 0 Clare Munana Director, Vice President-Thru Sept 2016 1.0 X X 0 0 0 Alan King Director, Secretary 1.0 X X 0 0 0 Mary Cahillane Director, Treasurer 1.0 X X 0 0 0 Forrest Claypool Director 1.0 40.0 X 0 241081 12517 David Vitale Director-Thru Sept 2016 1.0 X 0 0 0 0 241081 12517 0 false true false Youth Guidance One North LaSalle Street Suite 900 Chicago IL 60602 Social/Emotional Supports and Counseling 261535 Jasculca Terman 730 North Franklin Street Chicago IL 60654 Marketing Firm 199495 2 0 0 0 0 0 9938269 38720 9938269 0 0 0 0 0 31637 31637 0 0 0 0 LOSS ON AMENDED GRANTS 900099 -15306 -15306 0 0 0 0 -15306 9954600 -15306 0 31637 5881323 5881323 224893 224893 0 0 0 0 0 0 0 0 0 0 0 0 6650 6650 36825 36825 0 0 0 0 3049 3049 Bank Charges 950 950 Stop Payment 19270 19270 Other administrative fees 5408 5408 0 0 0 0 6178368 6106216 72152 0 6308704 6596145 1319610 4780894 0 0 0 0 0 0 0 0 0 0 0 7628314 11377039 207437 179930 0 0 207437 179930 X 468196 465353 6952681 10731756 0 0 7420877 11197109 7628314 11377039 3776232 0 X true X true X true false X 5441698 5542890 4172915 4003382 9938269 29099154 0 0 5441698 5542890 4172915 4003382 9938269 29099154 6305389 22793765 13186 8833 8320 10962 31637 72938 0 0 0 0 0 0 0 29172092 -1069502 0.7814 0.8333 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 10160847 190941 0 190941 9969906 -15306 -15306 9954600 6384615 190941 15306 206247 6178368 0 0 6178368 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CFF is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and therefore no provision has been made for federal income taxes in the accompanying financial statements. CFF follows guidance with respect to accounting for uncertain tax positions. No provision has been made for income taxes in the accompanying financial statements, as CFF has had no significant unrelated business income. If CFF incurs interest and penalties, CFF recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. CFF has no amounts accrued for interest or penalties as of June 30, 2017 and 2016. CFF does not expect the total amount of unrecognized tax benefit to significantly change in the next 12 months. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements LOSS ON AMENDED GRANTS - -15306 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 LOSS ON AMENDED GRANTS - 15306 true Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 645000 At Risk Students Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 50000 Safe Passage Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 10982 Demonstration School - Hancock HS Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 89300 Network 5 Supplementatl Staffing Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 72800 Job Certification Program Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 5000 Health and Wellness Professional Development Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 165395 Lesson Study Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 131513 Civic Engagement Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 92986 Civic Engagement Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 7336 Science Professional Development Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 26260 Computer Science Program Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 5601 School Partnership - Coonley Elementary Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 16473 Job Certification Program Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 55000 Literacy Professional Development Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 13417 Contruction Related Student Internships Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 11824 Health Industry Student Internships Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 5604 School Partnership - Wentworth Elementary Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 12000 Aspen Challenge Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 1102942 At Risk Students Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 431200 OneGoal Program Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 14273 Student Internships - Homeless Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 97981 Theraputic Barn - Chicago HS Agricultural Sciences Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 63651 Civic Engagement Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)1 8000 Demonstration School - North-Grand HS 0 1 CRISIS SUPPORT FUND (BURIAL ASSISTANCE) 47 70500 DORA BOURNE (SAVINGS BOND AND CASH AWARD) 2 1000 FARMERS MARKET BAG DESIGN CONTEST (COLLEGE SCHOLARSHIPS AND CASH AWARDS) 1 500 WF COATS FOR KIDS CAMPAIGN (Coats) 2706 27597 INVOICE COATS SUZY DENVIR FUND (COLLEGE SCHOLARSHIPS) 17 56200 TOYS FOR TOTS (Toys) 1836 36720 Invoice Toys CPS DREAM FUND (COLLEGE SCHOLARSHIPS) 8 7000 ACADEMIES OF FINANCE (COLLEGE SCHOLARSHIPS) 5 10000 JUDITH CARUSO SCHOLARSHIP (COLLEGE SCHOLARSHIP) 1 10000 BAXTER ENGINEERING SCHOLARSHIP (COLLEGE SCHOLARSHIP AND CASH AWARDS) 1 5000 AFTER SCHOOL ALL STARS COORDINATOR OF THE QUARTER (CASH AWARDS) 5 375 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Children First Fund (CFF) acts as a fiscal agent for special grants and donations given to support the Chicago Public Schools (CPS). CFF reviews, processes, and pays all invoices related to grants, expenditures and other assistance to organizations or individuals for CPS. CFF must receive substantiation prior to reimbursing CPS for grants or expenditures for their programs. Additionally, all receipts are reviewed by CFF to ensure the expenditures are consistent with the purpose for which the grant was given and are intended to support educational opportunities for CPS students. false false false false false false false false false Forrest Claypool Director 0 241081 0 0 0 0 0 12356 0 161 0 253598 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation FORREST CLAYPOOL IS A DIRECTOR ON THE BOARD OF THE FILING ORGANIZATION. HE IS ALSO CEO OF CHICAGO PUBLIC SCHOOLS (CPS), A RELATED ORGANIZATION, AND IS COMPENSATED BY CPS FOR HIS SERVICES AS CEO. THE PRESIDENT OF THE CPS BOARD OF DIRECTORS AND THE CHIEF TALENT OFFICER OF CPS REVIEW CEO COMPENSATION. ANY CHANGE IN CEO COMPENSATION IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS OF CPS. X Toys 1836 36720 Other - Average cost of item $20 X Supplies 1 2000 Other - Invoice 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Toys Number of items received Other - Supplies Amount of contribution Form 990, Part III, Line 4a Program Service Accomplishments CFF supports CPS programs that concentrate on enhancing student achievement Form 990, Part VI, Line 15a Process for Determining Compensation of Top Management Official The Children First Fund (CFF) officers, directors, and trustees are not compensated for their services provided in conjunction with their positions at CFF. Additionally, the filing organization does not have any other officers, key employees, or highest compensated employees meeting the IRS' definition, therefore these questions have been intentionally answered 'No' in accordance with the instructions to the Form 990. Form 990, Part VI, Line 15b Process for Determining Compensation of Other Officers/Directors The Children First Fund (CFF) officers, directors, and trustees are not compensated for their services provided in conjunction with their positions at CFF. Additionally, the filing organization does not have any other officers, key employees, or highest compensated employees meeting the IRS' definition, therefore these questions have been intentionally answered 'No' in accordance with the instructions to the Form 990. FORREST CLAYPOOL IS A DIRECTOR ON THE BOARD OF THE FILING ORGANIZATION. HE IS ALSO CEO OF CHICAGO PUBLIC SCHOOLS (CPS), A RELATED ORGANIZATION, AND IS COMPENSATED BY CPS FOR HIS SERVICES AS CEO. THE PRESIDENT OF THE CPS BOARD OF DIRECTORS AND THE CHIEF TALENT OFFICER OF CPS REVIEW CEO COMPENSATION. ANY CHANGE IN CEO COMPENSATION IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS OF CPS. Form 990, Part VI, Line 6 Classes of members or stockholders The Chicago Board of Education has the authority to appoint two members of the CFF Board. With the exception of the two directors appointed by the Board of Education, the Board of Directors shall have the right to remove any director from the Board of Directors at any time, with or without cause. The Board of Education shall have the right to remove either of the two directors it appointed to the Board of Directors from the Board of Directors at any time, with or without cause. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Please see the narrative to Part VI, Section A, Line 6. Form 990, Part VI, Line 11b Review of form 990 by governing body CFF's management and the full board perform a detailed preliminary review of the prepared form 990. Subsequent to this review, A full copy of final Form 990 is provided to each member of the governing body for their review prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All officers, directors, and trustees are required to disclose annually any potential or actual conflicts that may exist with the organization. The completed disclosure statements are then reviewed by the Board to determine if an actual conflict exists with the organization. If it is determined an actual conflict of interest exists, the individual with the conflict shall abstain from voting on or advocating a position on any action in which he or she has a conflict of interest. The abstention shall be recorded in the minutes of the meeting at which the issue is under consideration. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are not available to the public at this time. Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 Education IL 501(c)(1) NA false false true false false false false false false false false false true true true true true true true false