CHICAGO CHARTER SCHOOL FOUNDATION: Form 990, tax year 2016

View the entire original 990 at ProPublica ↗

Organization: CHICAGO CHARTER SCHOOL FOUNDATION (EIN 36-4141583)
Tax period: 2016-07-01 to 2017-06-30
Filed: 2018-04-10
IRS object ID: 201841009349300104
Schema version: 2016v3.0
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 D
Schedule E
Schedule J
Schedule K
Schedule O
Schedule R

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2018-04-10T07:35:21-05:00	ReturnTs
Tax Period End	2017-06-30	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	362938874	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	Ostrow Reisin Berk & Abrams Ltd	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	455 N Cityfront Plaza Dr Suite 1500	AddressLine1Txt
City	Chicago	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60611	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2016-07-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	364141583	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	CHICAGO CHARTER SCHOOL FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	CHIC	BusinessNameControlTxt
Phone	3126515000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11 EAST ADAMS No 600	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	ELIZABETH SHAW	PersonNm
Person Title	CHIEF EXECUTIVE OFFICER	PersonTitleTxt
Phone	3126515000	PhoneNum
Signature	2018-04-06	SignatureDt
Discuss With Paid Preparer	Yes (1)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	James G Quaid	PreparerPersonNm
PTIN	P00641738	PTIN
Phone	3126707444	PhoneNum
Preparation	2018-04-06	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	76.234.45.83	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2018-04-06	IPDt
IP Tm	15:52:49	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	DA39A3EE5E6B4B0D3255BFEF95601890AFD80709	AtSubmissionCreationDeviceId
At Submission Filing Device Id	344CFA6393D20FDAD73D1836B83BCAAADBA391EC	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2016	TaxYr
Build TS	2021-01-29 14:40:06Z	BuildTS

Form 990 IRS990

Doing Business As Name DoingBusinessAsName

Field	Value	IRS element (for citing)
Business Name Line1	CHICAGO INTERNATIONAL CHARTER SCHOOL	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Principal Officer	ELIZABETH SHAW	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11 EAST ADAMS No 600	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$125,313,001	GrossReceiptsAmt
Group Return For Affiliates	0	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.CHICAGOINTL.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	1997	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	Our vibrant network of diverse Chicago charter schools enables students to thrive every day, puts them on a path to success in college and life, and empowers entrepreneurial educators to pursue excellence through innovation.	ActivityOrMissionDesc
Voting Members Governing Body	9	VotingMembersGoverningBodyCnt
Voting Members Independent	9	VotingMembersIndependentCnt
Total Employee	422	TotalEmployeeCnt
Total Volunteers	255	TotalVolunteersCnt
Total Gross UBI	$0	TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm	$0	NetUnrelatedBusTxblIncmAmt
PY Contributions Grants	$90,733,492	PYContributionsGrantsAmt
CY Contributions Grants	$88,825,273	CYContributionsGrantsAmt
PY Program Service Revenue	$1,958,761	PYProgramServiceRevenueAmt
CY Program Service Revenue	$2,091,919	CYProgramServiceRevenueAmt
PY Investment Income	$51,954	PYInvestmentIncomeAmt
CY Investment Income	$230,108	CYInvestmentIncomeAmt
PY Other Revenue	$729,320	PYOtherRevenueAmt
CY Other Revenue	$435,729	CYOtherRevenueAmt
PY Total Revenue	$93,473,527	PYTotalRevenueAmt
CY Total Revenue	$91,583,029	CYTotalRevenueAmt
PY Grants And Similar Paid	$0	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$0	CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members	$0	PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$19,715,624	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$20,001,349	CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns	$0	PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$97,294	CYTotalFundraisingExpenseAmt
PY Other Expenses	$72,774,507	PYOtherExpensesAmt
CY Other Expenses	$71,956,698	CYOtherExpensesAmt
PY Total Expenses	$92,490,131	PYTotalExpensesAmt
CY Total Expenses	$91,958,047	CYTotalExpensesAmt
PY Revenues Less Expenses	$983,396	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	-$375,018	CYRevenuesLessExpensesAmt
Total Assets BOY	$81,373,870	TotalAssetsBOYAmt
Total Assets EOY	$80,705,561	TotalAssetsEOYAmt
Total Liabilities BOY	$50,288,576	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$50,017,253	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$31,085,294	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$30,688,308	NetAssetsOrFundBalancesEOYAmt
Mission	OUR VIBRANT NETWORK OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION.	MissionDesc
Significant New Program Srvc	0	SignificantNewProgramSrvcInd
Significant Change	0	SignificantChangeInd
Expense	$88,495,742	ExpenseAmt
Revenue	$2,091,919	RevenueAmt
Desc	PROVIDE EDUCATIONAL OPPORTUNITIES FOR YOUTH THROUGH THE OPERATION OF 14 CAMPUS LOCATIONS SERVING 8,518 STUDENTS IN GRADES KINDERGARTEN THROUGH TWELVE DURING FY JUNE 30, 2017. CICS' VIBRANT HUB OF DIVERSE CHICAGO CHARTER SCHOOLS ENABLES STUDENTS TO THRIVE EVERY DAY, PUTS THEM ON A PATH TO SUCCESS IN COLLEGE AND LIFE, AND EMPOWERS ENTREPRENEURIAL EDUCATORS TO PURSUE EXCELLENCE THROUGH INNOVATION.	Desc
Total Program Service Expenses	$88,495,742	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (1)	DescribedInSection501c3Ind
Schedule B Required	0	ScheduleBRequiredInd
Political Campaign Acty	0	PoliticalCampaignActyInd
Lobbying Activities	0	LobbyingActivitiesInd
Subject To Proxy Tax	0	SubjectToProxyTaxInd
Donor Advised Fund	0	DonorAdvisedFundInd
Conservation Easements	0	ConservationEasementsInd
Collections Of Art	0	CollectionsOfArtInd
Credit Counseling	0	CreditCounselingInd
Temp Or Permanent Endowments	0	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (1)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	0	ReportInvestmentsOtherSecInd
Report Program Related Invst	0	ReportProgramRelatedInvstInd
Report Other Assets	Yes (1)	ReportOtherAssetsInd
Report Other Liabilities	Yes (1)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	Yes (1)	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	0	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	Yes (1)	ConsolidatedAuditFinclStmtInd
School Operating	Yes (1)	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	0	ProfessionalFundraisingInd
Fundraising Activities	0	FundraisingActivitiesInd
Gaming Activities	0	GamingActivitiesInd
Operate Hospital	0	OperateHospitalInd
Grants To Organizations	0	GrantsToOrganizationsInd
Grants To Individuals	0	GrantsToIndividualsInd
Schedule J Required	Yes (1)	ScheduleJRequiredInd
Tax Exempt Bonds	Yes (1)	TaxExemptBondsInd
Invest Tax Exempt Bonds	Yes (1)	InvestTaxExemptBondsInd
Escrow Account	0	EscrowAccountInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
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 With Officer Ent	0	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	0	DeductibleNonCashContriInd
Deductible Art Contribution	0	DeductibleArtContributionInd
Terminate Operations	0	TerminateOperationsInd
Partial Liquidation	0	PartialLiquidationInd
Disregarded Entity	Yes (1)	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	85	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Employee	422	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
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	9	GoverningBodyVotingMembersCnt
Independent Voting Member	9	IndependentVotingMemberCnt
Family Or Business Rln	0	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	0	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	0	CompensationProcessOtherInd
Investment In Joint Venture	0	InvestmentInJointVentureInd
Upon Request	Yes (X)	UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	KATHLEEN CLARKE	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Phone	3126515000	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	11 EAST ADAMS No 600	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60603	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (19 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
LAURA THONN
President and Treasurer	2.00	Yes (X)	Yes (X)	$0	$0	$0
Arthur J Reliford Jr
Secretary - Term	2.00	Yes (X)	Yes (X)	$0	$0	$0
DANIEL Anello
DIRECTOR	2.00	Yes (X)		$0	$0	$0
David Blinderman
DiRECTOR	2.00	Yes (X)		$0	$0	$0
DAVID J CHIZEWER
Director	2.00	Yes (X)		$0	$0	$0
VIOLET M CLARK
DIRECTOR	2.00	Yes (X)		$0	$0	$0
CATHERINE H GOTTFRED PHD
DIRECTOR	2.00	Yes (X)		$0	$0	$0
ALBERTA JOHNSON
DIRECTOR	2.00	Yes (X)		$0	$0	$0
THOMAS J NIEMAN
Director	2.00	Yes (X)		$0	$0	$0
BRIAN NOVELINE
DIRECTOR	2.00	Yes (X)		$0	$0	$0
Elizabeth Shaw
Chief Executive Officer	40.00		Yes (X)	$72,902	$0	$6,636
MICHAEL BOWER
Chief of Staff	40.00		Yes (X)	$125,004	$0	$5,294
Kathleen Clarke
Chief of Network Operations	40.00		Yes (X)	$123,235	$0	$5,480
GARLAND THOMAS-MCDAVID
CEP CHIEF EXECUTIVE OFFICER	40.00		Yes (X)	$175,314	$0	$6,986
JONI PEARLMAN
CEP CHIEF OPERATING OFFICER	40.00		Yes (X)	$132,876	$0	$9,310
Kathleen Kansfield
CEP Interim CFO	40.00		Yes (X)	$86,717	$0	$7,985
Kira Tchang
CEP Chief People Officer	40.00			$114,356	$0	$9,379	Yes (X)
Natalie Neris
Chief of Academic Accountability	40.00			$118,665	$0	$9,274	Yes (X)
KIMBERLY HINTON
SCHOOL DIRECTOR	40.00			$118,514	$0	$11,847	Yes (X)

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$1,067,583	TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org	$0	TotReportableCompRltdOrgAmt
Total Other Compensation	$72,191	TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K	7	IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed	0	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	Yes (1)	TotalCompGreaterThan150KInd
Compensation From Other Srcs	0	CompensationFromOtherSrcsInd
Cntrct Rcvd Greater Than100 K	0	CntrctRcvdGreaterThan100KCnt
Government Grants	$88,664,535	GovernmentGrantsAmt
All Other Contributions	$160,738	AllOtherContributionsAmt
Total Contributions	$88,825,273	TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp (2 entries)

DescDesc	BusinessBusinessCd	Total Revenue ColumnTotalRevenueColumnAmt	Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt
SCHOOL LUNCH PROGRAM	900099	$1,782,835	$1,782,835
STUDENT FEES, BOOKSTORE, EXTENDED	900099	$309,084	$309,084

Field	Value	IRS element (for citing)
Total Program Service Revenue	$2,091,919	TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$219,409	TotalRevenueColumnAmt
Exclusion	$219,409	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$33,740,671	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$33,729,972	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$10,699	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$10,699	TotalRevenueColumnAmt
Exclusion	$10,699	ExclusionAmt

Other Revenue Misc OtherRevenueMiscGrp

Field	Value	IRS element (for citing)
Desc	OTHER INCOME	Desc
Business	900099	BusinessCd
Total Revenue Column	$435,729	TotalRevenueColumnAmt
Exclusion	$435,729	ExclusionAmt

Field	Value	IRS element (for citing)
Other Revenue Total	$435,729	OtherRevenueTotalAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$91,583,029	TotalRevenueColumnAmt
Related Or Exempt Func Income	$2,091,919	RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue	$0	UnrelatedBusinessRevenueAmt
Exclusion	$665,837	ExclusionAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$918,126	TotalAmt
Program Services	$468,442	ProgramServicesAmt
Management And General	$394,710	ManagementAndGeneralAmt
Fundraising	$54,974	FundraisingAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$15,473,828	TotalAmt
Program Services	$14,313,219	ProgramServicesAmt
Management And General	$1,152,779	ManagementAndGeneralAmt
Fundraising	$7,830	FundraisingAmt

Pension Plan Contributions PensionPlanContributionsGrp

Field	Value	IRS element (for citing)
Total	$1,613,884	TotalAmt
Program Services	$1,536,562	ProgramServicesAmt
Management And General	$76,595	ManagementAndGeneralAmt
Fundraising	$727	FundraisingAmt

Other Employee Benefits OtherEmployeeBenefitsGrp

Field	Value	IRS element (for citing)
Total	$1,164,631	TotalAmt
Program Services	$1,076,287	ProgramServicesAmt
Management And General	$86,219	ManagementAndGeneralAmt
Fundraising	$2,125	FundraisingAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$830,880	TotalAmt
Program Services	$724,409	ProgramServicesAmt
Management And General	$102,248	ManagementAndGeneralAmt
Fundraising	$4,223	FundraisingAmt

Fees For Services Other FeesForServicesOtherGrp

Field	Value	IRS element (for citing)
Total	$1,305,028	TotalAmt
Program Services	$441,563	ProgramServicesAmt
Management And General	$863,465	ManagementAndGeneralAmt

Advertising AdvertisingGrp

Field	Value	IRS element (for citing)
Total	$11,511	TotalAmt
Management And General	$11,511	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$756,473	TotalAmt
Program Services	$410,526	ProgramServicesAmt
Management And General	$335,269	ManagementAndGeneralAmt
Fundraising	$10,678	FundraisingAmt

Information Technology InformationTechnologyGrp

Field	Value	IRS element (for citing)
Total	$660,460	TotalAmt
Program Services	$624,303	ProgramServicesAmt
Management And General	$36,157	ManagementAndGeneralAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$3,933,162	TotalAmt
Program Services	$3,818,893	ProgramServicesAmt
Management And General	$107,173	ManagementAndGeneralAmt
Fundraising	$7,096	FundraisingAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$12,992	TotalAmt
Program Services	$12,992	ProgramServicesAmt

Conferences Meetings ConferencesMeetingsGrp

Field	Value	IRS element (for citing)
Total	$13,164	TotalAmt
Management And General	$13,164	ManagementAndGeneralAmt

Interest InterestGrp

Field	Value	IRS element (for citing)
Total	$2,081,782	TotalAmt
Program Services	$2,081,782	ProgramServicesAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$4,148,937	TotalAmt
Program Services	$4,143,655	ProgramServicesAmt
Management And General	$5,282	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$270,756	TotalAmt
Program Services	$175,987	ProgramServicesAmt
Management And General	$86,579	ManagementAndGeneralAmt
Fundraising	$8,190	FundraisingAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Program ServicesProgramServicesAmt
CAMPUSES - OPERATING FU	$38,149,162	$38,149,162
CAMPUSES - PROGRAM TRAN	$16,527,498	$16,527,498
School lunch program	$1,410,780	$1,410,780
CPS ADMIN FEE	$567,413	$567,413

All Other Expenses AllOtherExpensesGrp

Field	Value	IRS element (for citing)
Total	$2,107,580	TotalAmt
Program Services	$2,012,269	ProgramServicesAmt
Management And General	$93,860	ManagementAndGeneralAmt
Fundraising	$1,451	FundraisingAmt

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$91,958,047	TotalAmt
Program Services	$88,495,742	ProgramServicesAmt
Management And General	$3,365,011	ManagementAndGeneralAmt
Fundraising	$97,294	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$891,355	BOYAmt
EOY	$1,193,332	EOYAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

Field	Value	IRS element (for citing)
BOY	$5,945,169	BOYAmt
EOY	$4,408,776	EOYAmt

Accounts Receivable AccountsReceivableGrp

Field	Value	IRS element (for citing)
BOY	$4,812,910	BOYAmt
EOY	$5,878,935	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$587,870	BOYAmt
EOY	$626,818	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$82,962,458	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$38,878,310	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$47,204,381	BOYAmt
EOY	$44,084,148	EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$16,296,621	BOYAmt
EOY	$19,378,465	EOYAmt

Other Assets Total OtherAssetsTotalGrp

Field	Value	IRS element (for citing)
BOY	$5,635,564	BOYAmt
EOY	$5,135,087	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$81,373,870	BOYAmt
EOY	$80,705,561	EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

Field	Value	IRS element (for citing)
BOY	$2,056,411	BOYAmt
EOY	$2,251,903	EOYAmt

Deferred Revenue DeferredRevenueGrp

Field	Value	IRS element (for citing)
BOY	$4,273	BOYAmt

Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$43,287,804	BOYAmt
EOY	$41,450,669	EOYAmt

Mortg Notes Pybl Scrd Invst Prop MortgNotesPyblScrdInvstPropGrp

Field	Value	IRS element (for citing)
BOY	$907,470	BOYAmt
EOY	$685,633	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$4,032,618	BOYAmt
EOY	$5,629,048	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$50,288,576	BOYAmt
EOY	$50,017,253	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$31,030,804	BOYAmt
EOY	$30,576,695	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$54,490	BOYAmt
EOY	$111,613	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$31,085,294	BOYAmt
EOY	$30,688,308	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$81,373,870	BOYAmt
EOY	$80,705,561	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	-$375,018	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$21,968	NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets	$0	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)
Consolidated Basis Fincl Stmt	Yes (X)	ConsolidatedBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (1)	AuditCommitteeInd
Federal Grant Audit Required	Yes (1)	FederalGrantAuditRequiredInd
Federal Grant Audit Performed	Yes (1)	FederalGrantAuditPerformedInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
School	Yes (X)	SchoolInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$86,283,332	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$88,487,010	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$94,420,224	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$90,733,492	CurrentTaxYearMinus1YearAmt
Current Tax Year	$88,825,273	CurrentTaxYearAmt
Total	$448,749,331	TotalAmt

Govt Furn Srvc Fclts Vl170 GovtFurnSrvcFcltsVl170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$6,490,833	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$2,026,328	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$2,164,433	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$2,244,672	CurrentTaxYearMinus1YearAmt
Current Tax Year	$1,101,971	CurrentTaxYearAmt
Total	$14,028,237	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$92,774,165	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$90,513,338	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$96,584,657	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$92,978,164	CurrentTaxYearMinus1YearAmt
Current Tax Year	$89,927,244	CurrentTaxYearAmt
Total	$462,777,568	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$462,777,568	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$171,535	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$162,296	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$73,298	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$50,809	CurrentTaxYearMinus1YearAmt
Current Tax Year	$219,409	CurrentTaxYearAmt
Total	$677,347	TotalAmt

Other Income170 OtherIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$344,349	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$454,737	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$319,476	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$729,320	CurrentTaxYearMinus1YearAmt
Current Tax Year	$435,729	CurrentTaxYearAmt
Total	$2,283,611	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$465,738,526	TotalSupportAmt
Gross Receipts Rltd Activities	$8,769,179	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.99360	PublicSupportCY170Pct
Public Support PY170	0.99390	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule D IRS990ScheduleD

Land LandGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$1,470,900	OtherCostOrOtherBasisAmt
Book Value	$1,470,900	BookValueAmt

Buildings BuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$53,324,236	OtherCostOrOtherBasisAmt
Depreciation	$22,967,333	DepreciationAmt
Book Value	$30,356,903	BookValueAmt

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$18,774,901	OtherCostOrOtherBasisAmt
Depreciation	$8,256,579	DepreciationAmt
Book Value	$10,518,322	BookValueAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$8,633,743	OtherCostOrOtherBasisAmt
Depreciation	$7,654,398	DepreciationAmt
Book Value	$979,345	BookValueAmt

Other Land Buildings OtherLandBuildingsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$758,678	OtherCostOrOtherBasisAmt
Book Value	$758,678	BookValueAmt

Field	Value	IRS element (for citing)
Total Book Value Land Buildings	$44,084,148	TotalBookValueLandBuildingsAmt

Other Assets Org OtherAssetsOrgGrp (2 entries)

DescDesc	Book ValueBookValueAmt
DEPOSITS	$37,188
CASH & INVESTMENTS RESTRICTED BY BOND INDENTURE	$5,097,899

Field	Value	IRS element (for citing)
Total Book Value Other Assets	$5,135,087	TotalBookValueOtherAssetsAmt

Other Liabilities Org OtherLiabilitiesOrgGrp (3 entries)

DescDesc	AmtAmt
AMOUNTS DUE TO CAMPUSES	$4,687,697
CAPITAL LEASES PAYABLE	$38,110
DEFERRED RENT	$903,241

Field	Value	IRS element (for citing)
Total Liability	$5,629,048	TotalLiabilityAmt
Footnote Text	Yes (X)	FootnoteTextInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part X, Line 2:	FormAndLineReferenceDesc
Explanation	THE FOUNDATION IS A TAX-EXEMPT ORGANIZATION AS DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (THE CODE) AND IS EXEMPT FROM FEDERAL INCOME TAXES ON RELATED INCOME PURSUANT TO SECTION 501(A) OF THE CODE. IN ADDITION, THE INTERNAL REVENUE SERVICE HAS DETERMINED THAT THE FOUNDATION IS NOT A PRIVATE FOUNDATION WITHIN THE MEANING OF SECTION 509(A) OF THE CODE. THE FOUNDATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS AND MANAGEMENT HAS DETERMINED THAT THE FOUNDATION WAS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS AS OF JUNE 30, 2017 AND 2016.	ExplanationTxt

Schedule E IRS990ScheduleE

Field	Value	IRS element (for citing)
Nondiscriminatory Policy Stmt	Yes (1)	NondiscriminatoryPolicyStmtInd
Policy Stmt In Brochures Etc	Yes (1)	PolicyStmtInBrochuresEtcInd
Plcy Pblczd Via Broadcast Media	Yes (1)	PlcyPblczdViaBroadcastMediaInd
Maintain Racial Comp Recs	Yes (1)	MaintainRacialCompRecsInd
Maintain Scholarships Recs	Yes (1)	MaintainScholarshipsRecsInd
Maintain Cpy Of Brochures Etc	Yes (1)	MaintainCpyOfBrochuresEtcInd
Maintain Cpy Of All Sol	Yes (1)	MaintainCpyOfAllSolInd
Discriminate Race Stdnts Rghts	0	DiscriminateRaceStdntsRghtsInd
Discriminate Race Admiss Plcy	0	DiscriminateRaceAdmissPlcyInd
Discriminate Race Emplm Fculty	0	DiscriminateRaceEmplmFcultyInd
Discriminate Race Schs	0	DiscriminateRaceSchsInd
Discriminate Race Educ Plcy	0	DiscriminateRaceEducPlcyInd
Discriminate Race Use Of Fclts	0	DiscriminateRaceUseOfFcltsInd
Discriminate Race Athlt Prog	0	DiscriminateRaceAthltProgInd
Discriminate Race Other Acty	0	DiscriminateRaceOtherActyInd
Government Financial Aid Rcvd	Yes (1)	GovernmentFinancialAidRcvdInd
Government Financial Aid Rvkd	0	GovernmentFinancialAidRvkdInd
Compliance With Rev Proc7550	Yes (1)	ComplianceWithRevProc7550Ind

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
Schedule E, Part I, Line 3	THROUGH THE SCHOOL MANAGEMENT ORGANIZATIONS AND APPLICATION PROCESS, THE FOUNDATION FULLY DISCLOSES ITS NONDISCRIMINATORY POLICY TO ALL POTENTIAL STUDENTS. COPIES OF THE POLICY ARE AVAILABLE UPON REQUEST.
Schedule E, Part I, Line 6	THE FOUNDATION RECEIVES FEDERAL AND STATE GOVERNMENTAL FUNDS PASSED THROUGH CHICAGO PUBLIC SCHOOLS TO ASSIST IN THE FOUNDATION'S EFFORTS TO PROVIDE A FREE EDUCATION, OPEN TO THE PUBLIC, AND AVAILABLE TO ANY CITY OF CHICAGO STUDENT.

Schedule J IRS990ScheduleJ

Field	Value	IRS element (for citing)
Compensation Committee	Yes (X)	CompensationCommitteeInd
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	0	AnyNonFixedPaymentsInd
Initial Contract Exception	0	InitialContractExceptionInd

Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp

Field	Value	IRS element (for citing)
Person	GARLAND THOMAS-MCDAVID	PersonNm
Title	CEP CHIEF EXECUTIVE OFFICER	TitleTxt
Base Compensation Filing Org	$152,214	BaseCompensationFilingOrgAmt
Compensation Based On Rltd Orgs	$0	CompensationBasedOnRltdOrgsAmt
Bonus Filing Organization	$23,100	BonusFilingOrganizationAmount
Bonus Related Organizations	$0	BonusRelatedOrganizationsAmt
Other Compensation Filing Org	$0	OtherCompensationFilingOrgAmt
Other Compensation Rltd Orgs	$0	OtherCompensationRltdOrgsAmt
Deferred Compensation Flng Org	$0	DeferredCompensationFlngOrgAmt
Deferred Comp Rltd Orgs	$0	DeferredCompRltdOrgsAmt
Nontaxable Benefits Filing Org	$6,986	NontaxableBenefitsFilingOrgAmt
Nontaxable Benefits Rltd Orgs	$0	NontaxableBenefitsRltdOrgsAmt
Total Compensation Filing Org	$182,300	TotalCompensationFilingOrgAmt
Total Compensation Rltd Orgs	$0	TotalCompensationRltdOrgsAmt
Comp Report Prior990 Filing Org	$0	CompReportPrior990FilingOrgAmt
Comp Report Prior990 Rltd Orgs	$0	CompReportPrior990RltdOrgsAmt

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	Part I, Line 3	FormAndLineReferenceDesc
Explanation	Compensation for the Foundation's Chief Executive Officer is established by a compensation committee on the board of directors. The board of directors then approves the compensation committee's recommendation.	ExplanationTxt

Schedule K IRS990ScheduleK

Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd

Issuer Name IssuerName

Field	Value	IRS element (for citing)
Business Name Line1	ILLINOIS FINANCE AUTHORITY	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Bond Issuer EIN	861091967	BondIssuerEIN
CUSIP	45200BW53	CUSIPNum
Bond Issued	2007-02-08	BondIssuedDt
Issue Price	$50,406,200	IssuePriceAmt
Purpose	IFA SERIES 2007 BONDS, SEE PART VI	PurposeDesc
Defeased	0	DefeasedInd
On Behalf Of Issuer	0	OnBehalfOfIssuerInd
Pool Financing	0	PoolFinancingInd

Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Total Proceeds	$49,445,000	TotalProceedsAmt
In Reserve Fund	$5,113,791	InReserveFundAmt
Issuance Costs From Proceeds	$937,123	IssuanceCostsFromProceedsAmt
Capital Expenditures	$26,373,253	CapitalExpendituresAmt
Other Spent Proceeds	$17,020,833	OtherSpentProceedsAmt
Substantial Completion	2010	SubstantialCompletionYr
Current Refunding	0	CurrentRefundingInd
Advance Refunding	Yes (1)	AdvanceRefundingInd
Final Allocation Made	Yes (1)	FinalAllocationMadeInd
Adequate Books And Rec Maint	Yes (1)	AdequateBooksAndRecMaintInd

Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Owning Bond Financed Property	0	OwningBondFinancedPropertyInd
Any Lease Arrangements	0	AnyLeaseArrangementsInd
Mgmt Contract Bond Fincd Prop	Yes (1)	MgmtContractBondFincdPropInd
Engage Bond Counsel Contracts	Yes (1)	EngageBondCounselContractsInd
Any Research Agreements	0	AnyResearchAgreementsInd
Bond Iss Meet Prvt Sec Pymt Test	0	BondIssMeetPrvtSecPymtTestInd
Change In Use Bond Financed Prop	0	ChangeInUseBondFinancedPropInd
Procs Nonqualified Bond Remdtd	0	ProcsNonqualifiedBondRemdtdInd

Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Form8038 T Filed	0	Form8038TFiledInd
Rebate Not Due Yet	0	RebateNotDueYetInd
Exception To Rebate	0	ExceptionToRebateInd
No Rebate Due	0	NoRebateDueInd
Variable Rate Issue	0	VariableRateIssueInd
Hedge Identified In Bks And Rec	0	HedgeIdentifiedInBksAndRecInd
Gross Proceeds Invested In GIC	0	GrossProceedsInvestedInGICInd
Gross Proceeds Invested	0	GrossProceedsInvestedInd
Written Proc To Monitor Reqs	0	WrittenProcToMonitorReqsInd

Procedures Corrective Action ProceduresCorrectiveActionGrp

Field	Value	IRS element (for citing)
Bond Reference	A	BondReferenceCd
Procedures Corrective Action	0	ProceduresCorrectiveActionInd

Supplemental Information Detail SupplementalInformationDetail

Field	Value	IRS element (for citing)
Form And Line Reference	SCHEDULE K, PART I #F	FormAndLineReferenceDesc
Explanation	TO ADVANCE REFUND ITS SERIES 2002A BONDS AND TO CONSTRUCT, ACQUIRE, RENOVATE AND EQUIP ITS EDUCATIONAL FACILITIES.	ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (8 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
PART IV LINE 24C - TAX-EXEMPT BONDS:	A TRUSTEE DOES MAINTAIN A DEBT SERVICE RESERVE FUND AND A CAPITALIZED INTEREST FUND FOR TAX-EXMPT BONDS, BUT SINCE THESE FUNDS ARE NOT USED TO DEFEASE ANY TAX-EXEMPT BONDS, THE ORGANIZATION HAS ANSWERED "NO" TO #24C.
Form 990, Part VI, Section A, line 4	DURING THE YEAR, THE FOUNDATION MADE CHANGES TO ITS BYLAWS AS FOLLOWS: (1) THE RANGE OF MEMBERS ON THE BOARD OF DIRECTORS WAS PREVIOUSLY FROM 10 TO 17 DIRECTORS AT ANY TIME. THE REVISIONS EXPANDED THE RANGE FROM 7 TO 20 DIRECTORS AT ANY TIME. (2) AN ADDITIONAL PARAGRAPH WAS ADDED TO THE CONFLICT OF INTEREST PROCESS. IT STATES, IN THE EVENT THAT ANY BOARD MEMBER OR KEY EMPLOYEE FAILS TO DISCLOSE RELATIONSHIPS, POSITIONS OR CIRCUMSTANCES IN WHICH HE OR SHE IS INVOLVED THAT COULD BE, CONTRIBUTE TO OR BE PERCEIVED AS A CONFLICT OF INTEREST, AND SUCH POTENTIAL CONFLICT OF INTEREST IS OTHERWISE BROUGHT TO THE ATTENTION OF ANY BOARD MEMBER, IT MUST PROMPTLY BE DISCLOSED TO THE BOARD PRESIDENT. UPON INVESTIGATION AND REVIEW OF THE POTENTIAL CONFLICT OF INTEREST, THE BOARD PRESIDENT AND ANY DESIGNATED COMMITTEE WILL DETERMINE IF THE POTENTIAL CONFLICT NEEDS TO BE ADDRESSED AND BRING SUCH ISSUES TO THE BOARD IF REQUIRED. THE BOARD WILL THEN DETERMINE IF ACTION NEEDS TO BE TAKEN BASED ON THE NATURE OF THE CONFLICT DISCOVERED.
Form 990, Part VI, Section A, line 8b	THE ORGANIZATION DOES NOT HAVE ANY COMMITTEES WITH THE AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY.
Form 990, Part VI, Section B, line 11b	The Finance Committee ASSISTS IN PREPARING AND THEN REVIEWS A DRAFT OF FORM 990 THAT IS INITIALLY PREPARED BY THE FOUNDATION'S CPA FIRM. A FINAL COPY OF FORM 990 IS PROVIDED TO THE FULL BOARD PRIOR TO FILING WITH THE IRS.
Form 990, Part VI, Section B, line 12c	MANAGEMENT OR BOARD MEMBERS BRING ANY POTENTIAL CONFLICTS OF INTEREST TO THE ATTENTION OF THE BOARD FOR REVIEW AND DISCUSSION. THE FOUNDATION ACTIVELY MONITORS COMPLIANCE WITH ITS CONFLICT OF INTEREST POLICY AND REQUESTS EACH BOARD MEMBER TO SIGN ANNUALLY.
Form 990, Part VI, Section B, line 15a	A COMPENSATION COMMITTEE, INCLUDING THE BOARD TREASURER AND OTHER DESIGNATED BOARD MEMBERS, REVIEW THE COMPENSATION FOR THE EXECUTIVE DIRECTOR. IN ADDITION, THE FINANCE COMMITTEE REVIEWS THE COMPENSATION OF ALL EMPLOYEES AS PART OF THE ANNUAL BUDGET REVIEW.
Form 990, Part VI, Section C, line 19	THE FOUNDATION FURNISHES ITS ANNUAL AUDITED FINANCIAL STATEMENTS UPON REQUEST.
SCHEDULE R PART I - IDENTIFICATION OF DISREGARDED ENTITIES:	THE FOUNDATION IS THE SOLE MANAGER AS WELL AS THE SOLE MEMBER OF CIVITAS EDUCATION PARTNERS, LLC. THE FOUNDATION IS THE SOLE MANAGER OF BOTH CIVITAS SCHOOLS, LLC AND QUEST MANAGEMENT, LLC. CIVITAS EDUCATION PARTNERS, LLC IS THE SOLE MEMBER OF BOTH CIVITAS SCHOOLS, LLC AND QUEST MANAGEMENT, LLC. THE INFO REPORTED ON SCHEDULE R PART I FOR CIVITAS EDUCATION PARTNERS, LLC INCLUDES INFO OF BOTH CIVITAS SCHOOLS, LLC AND QUEST MANAGEMENT, LLC.

Schedule R IRS990ScheduleR

Id Disregarded Entities IdDisregardedEntitiesGrp

Disregarded Entity Name DisregardedEntityName

Field	Value	IRS element (for citing)
Business Name Line1	CIVITAS EDUCATION PARTNERS LLC	BusinessNameLine1Txt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	901 WEST JACKSON BOULEVARD SUITE 20	AddressLine1Txt
City	CHICAGO	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	60607	ZIPCd

Field	Value	IRS element (for citing)
EIN	452578723	EIN
Primary Activities	SCHOOL MANAGEMENT COMPANY	PrimaryActivitiesTxt
Legal Domicile State	IL	LegalDomicileStateCd
Total Income	$24,333,366	TotalIncomeAmt
End Of Year Assets	$9,711,490	EndOfYearAssetsAmt

Direct Controlling Entity Name DirectControllingEntityName

Field	Value	IRS element (for citing)
Business Name Line1	CHICAGO CHARTER SCHOOL FOUNDATION	BusinessNameLine1Txt