CHICAGO PUBLIC EDUCATION FUND: Form 990, tax year 2024
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO PUBLIC EDUCATION FUND (EIN 36-4279013)
- Tax period
- 2024-01-01 to 2024-12-31
- Filed
- 2025-11-06
- IRS object ID
- 202543109349300229
- Schema version
- 2024v5.2
- 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
- Form 990
- Schedule A
- Schedule B
- Schedule C
- Schedule D
- Schedule I
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2025-11-06T13:00:18-06:00 | ReturnTs |
| Tax Period End | 2024-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 882730877 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CHERRY BEKAERT ADVISORY LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1707 N RANDALL ROAD STE 200 | AddressLine1Txt |
| City | ELGIN | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60123 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2024-01-01 | 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 & CHIEF EXECUTIVE OFFICER | PersonTitleTxt |
| Phone | 3125584500 | PhoneNum |
| Signature | 2025-10-31 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | Yes (1) | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | MELANIE MCPEAK | PreparerPersonNm |
| PTIN | P01346034 | PTIN |
| Phone | 8478888600 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2024 | TaxYr |
| Build TS | 2025-03-06 01:10:19Z | 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 | $7,916,537 | 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 SUPPORTS STRONG PUBLIC SCHOOLS CITYWIDE BY INVESTING HEAVILY IN THE TALENTED EDUCATORS WHO LEAD THEM. IN 2024, OUR PROGRAMS AND PARTNERSHIPS SUPPORTED 151 SCHOOL LEADERS (PRINCIPALS), 193 ASPIRING PRINCIPALS (ASSISTANT PRINCIPALS, INSTRUCTIONAL LEADERS, AND TEACHER LEADERS), AND 34 PRINCIPAL SUPERVISORS (NETWORK CHIEFS AND DEPUTY CHIEFS) IN CHICAGO'S PUBLIC SCHOOLS, IMPACTING 139,000 STUDENTS ACROSS THE CITY. COMPLEMENTING OUR TARGETED PROGRAMMATIC SUPPORTS, WE PRIORITIZE BROAD EDUCATOR ENGAGEMENT THROUGH COMMITMENTS TO OUR ANNUAL PRINCIPAL AND ASSISTANT PRINCIPAL (AP) ENGAGEMENT SURVEYS AND PRINCIPAL AND AP APPRECIATION CAMPAIGNS. AS ACTIVE PARTICIPANTS IN CHICAGO'S EDUCATION COMMUNITY, WE ALSO MAINTAIN SYSTEMS AND DATA THAT INFORM OUR PROGRAMMATIC EFFORTS AND ACCELERATE IMPROVEMENTS FOR SCHOOL LEADERS. | ActivityOrMissionDesc |
| Voting Members Governing Body | 22 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 21 | VotingMembersIndependentCnt |
| Total Employee | 34 | TotalEmployeeCnt |
| Total Volunteers | 21 | TotalVolunteersCnt |
| Total Gross UBI | $0 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $6,524,752 | PYContributionsGrantsAmt |
| CY Contributions Grants | $2,989,953 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $0 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $0 | CYProgramServiceRevenueAmt |
| PY Investment Income | $395,618 | PYInvestmentIncomeAmt |
| CY Investment Income | $636,250 | CYInvestmentIncomeAmt |
| PY Other Revenue | $2,874 | PYOtherRevenueAmt |
| CY Other Revenue | $0 | CYOtherRevenueAmt |
| PY Total Revenue | $6,923,244 | PYTotalRevenueAmt |
| CY Total Revenue | $3,626,203 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $904,039 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $1,144,689 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $3,038,743 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $3,270,086 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $205,733 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $2,511,054 | PYOtherExpensesAmt |
| CY Other Expenses | $2,625,001 | CYOtherExpensesAmt |
| PY Total Expenses | $6,453,836 | PYTotalExpensesAmt |
| CY Total Expenses | $7,039,776 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $469,408 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | -$3,413,573 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $41,819,615 | TotalAssetsBOYAmt |
| Total Assets EOY | $39,662,525 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $1,320,100 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $1,829,151 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $40,499,515 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $37,833,374 | 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. | MissionDesc |
| Significant New Program Srvc | Yes (1) | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $3,498,844 | ExpenseAmt |
| Grant | $964,486 | GrantAmt |
| Desc | PROGRAMMATIC SUPPORTSPROGRAMS: AFFINITY, DESIGN, LEADERSHIP BRIDGE, MALOTT, MASTERCLASS, NETWORK, PIPELINE, PROGRAM PILOTS, & SELTHE FUND INVESTS IN DIRECT-TO-SCHOOL LEADER SUPPORT THROUGH A ROBUST PROGRAM SUITE. FUND PROGRAMS ARE OPEN TO ALL SCHOOL LEADERS (PRINCIPALS), ASPIRING PRINCIPALS (ASSISTANT PRINCIPALS, INSTRUCTIONAL LEADERS, AND TEACHER LEADERS), AND PRINCIPAL SUPERVISORS (NETWORK CHIEFS AND DEPUTY CHIEFS) IN CHICAGO'S PUBLIC SCHOOLS. OUR PROGRAMS SERVE EDUCATORS ACROSS THE CITY IN MANY SCHOOL TYPES, INCLUDING ELEMENTARY, HIGH SCHOOL, CHARTER, AND DISTRICT SCHOOLS. WE HARNESS REAL-TIME DATA ON SCHOOL LEADERS' NEEDS AND STUDENT OUTCOMES TO PILOT AND OFFER EFFECTIVE PROGRAMS. IN 2024, OUR PROGRAMS SERVED 151 PRINCIPALS, 193 ASPIRING PRINCIPALS, AND 34 PRINCIPAL SUPERVISORS, IMPACTING 139,000 STUDENTS.THE FUND'S PROFESSIONAL LEARNING COMMUNITIES (PLCS) ARE SEMESTER-LONG, PRINCIPAL-LED COHORTS DESIGNED TO SUPPORT REFLECTIVE PRACTICE, IDEA EXCHANGE, AND PRACTICAL RESOURCE MANAGEMENT. FACILITATED BY EXPERIENCED PRINCIPALS WITH DEMONSTRATED SUCCESS, THESE LEARNING COMMUNITIES REMAIN ONE OF OUR MOST POPULAR PROGRAMS, SERVING 93 UNIQUE SCHOOL LEADERS AND ASPIRING SCHOOL LEADERS IN 2024. THE FUND'S MASTERCLASS LEARNING SERIES OFFERS A FOCUSED PROFESSIONAL LEARNING EXPERIENCE TAILORED TO THE PRACTICAL NEEDS OF SCHOOL LEADERS AND SUPERVISORS. IN 2024, SIX EXPERT SCHOOL LEADERS LED ACCESSIBLE, TIME-SENSITIVE SESSIONS FOR 73 PRINCIPALS AND 93 ASPIRING PRINCIPALS. IN RESPONSE TO OUR 2023 LSC MEMBER ENGAGEMENT SURVEY, WE ALSO OFFERED A NEW MASTERCLASS IN 2024, WHICH FOCUSED ON STRATEGIES FOR EFFECTIVE COMMUNICATION, TRANSPARENT DECISION-MAKING, AND MEANINGFUL COMMUNITY ENGAGEMENT BETWEEN SCHOOL LEADERS AND THEIR LSCS.THROUGH THE MALOTT EDUCATOR FELLOWSHIP, THE FUND PROVIDES INTENSIVE PROFESSIONAL DEVELOPMENT AND COACHING TO SCHOOL LEADERS IN COMMUNITIES EXPERIENCING DISTINCT CHALLENGES SUCH AS CHRONIC ABSENTEEISM AND STUDENT MOBILITY. WE LAUNCHED THE FELLOWSHIP IN 2023 IN PARTNERSHIP WITH THE UNIVERSITY OF ILLINOIS CHICAGO'S CENTER FOR URBAN EDUCATION LEADERSHIP AND WISE LEADERSHIP CONSULTING. IN 2023, THE FIRST COHORT OF MALOTT FELLOWS INCREASED THEIR EFFECTIVE LEADERS SCORES BY 5.5 POINTS, AS MEASURED ON THE 5ESSENTIALS SURVEY. IN 2024, THE FELLOWSHIP SUPPORTED ITS SECOND COHORT OF 25 SCHOOL LEADERS, AIMING TO IMPROVE ORGANIZATIONAL AND STUDENT LEARNING OUTCOMES IN FELLOWS' SCHOOLS BY FOCUSING ON SELF-EFFICACY, PRACTICE, AND RETENTION.COMPLEMENTING THESE PROGRAMS, WE OFFERED A DESIGN COACHING TO IMPLEMENT PROGRAM TO 54 SCHOOL TEAMS IN 2024, WHICH IS THE FUND'S ONLY PROGRAM THAT PROVIDES COMPREHENSIVE SUPPORT AND THE OPPORTUNITY TO UPLIFT TEACHER LEADERS TO CREATE FOUNDATIONAL CHANGE IN SCHOOL BUILDINGS. OUR 2024 LEADERSHIP BRIDGE AND RELATED PROGRAMS ALSO EQUIPPED 40 ASPIRING SCHOOL LEADERS TO ASSUME PRINCIPAL ROLES.LAUNCHED IN 2023, THE NETWORK STRATEGY PROGRAM ENHANCES SCHOOL LEADERSHIP BY OFFERING CPS NETWORK CHIEFS AND DEPUTY CHIEFS TARGETED PROFESSIONAL DEVELOPMENT. IN 2024, OUR NETWORK STRATEGY PROGRAM FEATURED THREE TIERS OF SUPPORT THAT DELIVERED STRUCTURED, BIMONTHLY COACHING, LEADERSHIP DEVELOPMENT, AND PERFORMANCE FEEDBACK SESSIONS TO NETWORK LEADERS WHO IMPACT OVER 230 SCHOOL LEADERS. | Desc |
Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $1,952,830 | ExpenseAmt |
| Grant | $170,203 | GrantAmt |
| Desc | SYSTEMS, DATA & POLICIESPROGRAMS: EAC, LSC, POLICY ENGAGEMENT, POLICY PILOTSBASED ON NATIONAL AND LOCAL RESEARCH, AS WELL AS OVER 25 YEARS OF EXPERIENCE IN THE CHICAGO EDUCATION CONTEXT, THE FUND INVESTS IN BUILDING A CULTURE OF STRONG, LOCAL LEADERSHIP IN CHICAGO. OUR REPORTS AND DATA INFORM OUR PROGRAMMATIC AND POLICY STRATEGIES, DRIVING IMPROVEMENTS IN CONDITIONS AND SYSTEMS FOR SCHOOL LEADERS. IN 2024, WE PUBLISHED TWO REPORTS, CONTINUED AND LAUNCHED NEW ADVISORY GROUPS, AND EXPANDED OUR POLICY WORK TO ADDRESS CURRENT CONDITIONS AND PREPARE FOR FUTURE ONES.IN 2024, CHICAGO'S BOARD OF EDUCATION TRANSITIONED TO A 21-MEMBER HYBRID BOARD, COMPRISING BOTH APPOINTED AND ELECTED MEMBERS. AS SUCH, WE INCREASED OUR WORK TO ELEVATE SCHOOL LEADERS' VOICES AND NEEDS. WE PUBLISHED THREE OP-EDS ON TIMELY SCHOOL LEADER GOVERNANCE ISSUES AND PRIORITIES, SPOKE AT PUBLIC BOARD MEETINGS TO ADVOCATE FOR SCHOOL LEADER AUTONOMY, AND PROVIDED BRIEFINGS. WE ALSO PARTNERED WITH LOCAL ORGANIZATIONS TO HOST A STUDENT FORUM AND TWO SCHOOL LEADER FORUMS. THESE ALLOWED POTENTIAL SCHOOL BOARD MEMBERS TO ANSWER QUESTIONS RELATED TO SCHOOL LEADER AND STUDENT EXPERIENCES. WE BELIEVE CHICAGO'S PRINCIPALS REQUIRE THE AUTONOMY TO RESPOND TO THE UNIQUE NEEDS OF THEIR SCHOOL COMMUNITIES. IN SUPPORT OF THIS BELIEF, WE PUBLISHED THE CHICAGO PRINCIPAL IN COMPARISON IN 2024. THIS REPORT HIGHLIGHTS SOME OF THE WAYS THE PRINCIPAL ROLE IN CPS DIFFERS FROM THAT IN OTHER ILLINOIS SCHOOL DISTRICTS, INCLUDING THE NUMBER OF STUDENTS OR STAFF A CPS PRINCIPAL OVERSEES AND THE UNIQUE AUTONOMY GRANTED TO PRINCIPALS IN THE CITY.COMMITTED TO LEVERAGING REAL-TIME DATA, WE CONTINUED OUR ANNUAL PRINCIPAL AND AP ENGAGEMENT SURVEYS, YIELDING OVER 900 RESPONSES IN 2024 THAT ILLUMINATED SCHOOL LEADERS' SATISFACTION LEVELS AND PROFESSIONAL DEVELOPMENT NEEDS AS WELL AS OPPORTUNITIES FOR ADDITIONAL SUPPORT. WE RELEASED A JOINT LETTER WITH CPS TO SHARE FINDINGS AND MAKE RECOMMENDATIONS FOR IMPROVING SCHOOL LEADERS' SATISFACTION, SUCH AS AFFIRMING THEIR ABILITY TO MANAGE BUDGETS, HIRE STAFF, AND SET CURRICULUM. IN 2024, WE ALSO PUBLISHED FINDINGS FROM OUR INAUGURAL LSC MEMBER ENGAGEMENT SURVEY IN LOCAL DECISION-MAKERS IN OUR SCHOOLS: A BASELINE REPORT ON CHICAGO'S LOCAL SCHOOL COUNCILS. THE SURVEY RESULTS ALSO LED US TO ESTABLISH AN LSC WORKING GROUP, COMPRISING 22 LSC MEMBERS REPRESENTING 13 CPS NETWORKS. MEMBERS DEVELOPED A SELF-ASSESSMENT TOOL TO HELP THEIR LSCS REFLECT ON PRACTICES AND IDENTIFY AREAS FOR IMPROVEMENT. | Desc |
Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | $679,023 | ExpenseAmt |
| Grant | $10,000 | GrantAmt |
| Desc | EDUCATOR ENGAGEMENTPROGRAMS: PAWTHE FUND CHAMPIONS STRONG SCHOOL LEADERSHIP AND ITS CRITICAL ROLE IN ACCELERATING STUDENT OUTCOMES. WE CONNECT WITH THE BROADER COMMUNITY, LEVERAGE EDUCATORS' KNOWLEDGE AND EXPERTISE TO INFORM OUR WORK, AND CELEBRATE SCHOOL LEADERS' INNOVATION AND LEADERSHIP CITYWIDE. IN 2024, WE WELCOMED A NEW EDUCATOR ADVISORY COMMITTEE (EAC) COHORT. THE COMMITTEE SHAPED THE FUND'S AGENDA, GENERATED PROGRAMMING RECOMMENDATIONS, AND FOSTERED CONNECTIONS AMONG SCHOOL LEADERS ACROSS CHICAGO. COMPOSED OF 38 SCHOOL LEADERS, THE 2024 EAC FOCUSED ON IDENTIFYING IMPLICATIONS OF THE PROPOSED CPS SCHOOL FUNDING FORMULA AND BUDGET PROCESS, SUPPORTING THE DEVELOPMENT OF OUR PRINCIPAL AND AP ENGAGEMENT SURVEYS, AND LAUNCHING THE FUND'S SCHOOL LEADER INNOVATION AWARDS, WHICH RECOGNIZED AN OUTSTANDING PRINCIPAL AND ASSISTANT PRINCIPAL.IN 2024, WE ALSO CONTINUED OUR ANNUAL CITYWIDE PRINCIPAL APPRECIATION CAMPAIGN DURING NATIONAL PRINCIPALS MONTH IN OCTOBER. THE CAMPAIGN INCLUDED CELEBRATORY EVENTS FOR SCHOOL LEADERS, SUCH AS FREE TICKETS TO ATTEND A CHICAGO BULLS GAME, AND AN EVENT THAT HIGHLIGHTED STORIES FROM TRANSFORMATIONAL SCHOOL LEADERS WHILE ALLOWING SCHOOL LEADERS TO CONNECT WITH EACH OTHER. TO EXTEND THE REACH OF THESE STORIES, WE EXECUTED A ROBUST SOCIAL MEDIA CAMPAIGN. WE ALSO PARTNERED WITH THE CHICAGO TRANSIT AUTHORITY AND LOCAL ORGANIZATIONS TO FEATURE STRONG SCHOOL LEADERS ON BUSES AND TRAINS THROUGHOUT CHICAGO. | Desc |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expenses | $6,130,697 | 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 | 0 | 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 | Yes (1) | 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 | 81 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 34 | 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 | 22 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 21 | IndependentVotingMemberCnt |
| Family Or Business Rln | Yes (1) | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | 0 | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | 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
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | HEATHER Y ANICHINI | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| 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 (28 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| HEATHER Y ANICHINI | |||||||||
| PRESIDENT & CEO | 55.00 | 0.00 | Yes (X) | Yes (X) | $376,639 | $0 | $47,702 | ||
| BRENT GLEDHILL | |||||||||
| CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| HELEN ZELL | |||||||||
| VICE CHAIR | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| BARBARA MALOTT KIZZIAH | |||||||||
| SECRETARY | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| JILL GARLING | |||||||||
| TREASURER | 1.00 | 0.00 | Yes (X) | Yes (X) | $0 | $0 | $0 | ||
| ELLEN ALBERDING | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| GILLIAN DARLOW | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JOHN DUGENSKE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KIMBERLY EVANS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JIM FRANK | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| CHRISTINA HERZOG | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| KELLY HOWE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| STUART LUCAS | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| SIDDHARTH MEHTA | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANTHONY MILLER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| AUYANA ORR | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| JESSE RUIZ | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ANDREA SAENZ | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| PENNY BENDER SEBRING | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| ERIC SMITH | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DAVID VITALE | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| DANDRE J WEAVER | |||||||||
| DIRECTOR | 1.00 | 0.00 | Yes (X) | $0 | $0 | $0 | |||
| NELSON GEREW | |||||||||
| CHIEF PUBLIC AFFAIRS OFFICER | 40.00 | 0.00 | $210,000 | $0 | $9,078 | Yes (X) | |||
| MARIEL LAUREANO | |||||||||
| DIRECTOR, EDUCATOR SUPPORT | 40.00 | 0.00 | $181,341 | $0 | $38,061 | Yes (X) | |||
| JULIE BURNETT | |||||||||
| DIRECTOR, PARTNERSHIP AND INNOVATION | 40.00 | 0.00 | $186,918 | $0 | $18,674 | Yes (X) | |||
| SUJATA KANKANHALLI | |||||||||
| INTERIM COO (1/8/24-12/13/24) | 20.00 | 0.00 | $153,750 | $0 | $0 | Yes (X) | |||
| ANNIE BRINGEWATT | |||||||||
| DIRECTOR, DATA & STRATEGY | 40.00 | 0.00 | $146,328 | $0 | $7,756 | Yes (X) | |||
| ESTHER LEE | |||||||||
| DIRECTOR, PEOPLE AND OPERATIONS | 40.00 | 0.00 | $121,006 | $0 | $28,998 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,375,982 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $0 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $150,269 | 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 |
Contractor Compensation ContractorCompensationGrp (3 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| COVER CONSULTING LLC | |||||
| 3018 MORLEY ROAD | SHAKER HEIGHTS | OH | 44122 | HUMAN RESOURCES SUPPORT & CONSULTING | $248,805 |
| WISE LEADERSHIP CONSULTING | |||||
| 4740 SOUTH EVANS AVENUE | CHICAGO | IL | 60615 | PROGRAM SUPPORT AND CONSULTING | $221,500 |
| 50CAN INC | |||||
| 1380 MONROE STREET NW 413 | WASHINGTON | DC | 20010 | COMMUNICATIONS CONSULTING | $186,941 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 3 | CntrctRcvdGreaterThan100KCnt |
| All Other Contributions | $2,989,953 | AllOtherContributionsAmt |
| Noncash Contributions | $66,736 | NoncashContributionsAmt |
| Total Contributions | $2,989,953 | TotalContributionsAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $720,711 | TotalRevenueColumnAmt |
| Exclusion | $720,711 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,205,873 | SecuritiesAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $4,290,334 | SecuritiesAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | -$84,461 | SecuritiesAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -$84,461 | TotalRevenueColumnAmt |
| Exclusion | -$84,461 | ExclusionAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $3,626,203 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $0 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $0 | UnrelatedBusinessRevenueAmt |
| Exclusion | $636,250 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $935,902 | TotalAmt |
| Program Services | $935,902 | ProgramServicesAmt |
Grants To Domestic Individuals GrantsToDomesticIndividualsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $208,787 | TotalAmt |
| Program Services | $208,787 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,222,163 | TotalAmt |
| Program Services | $1,056,254 | ProgramServicesAmt |
| Management And General | $113,009 | ManagementAndGeneralAmt |
| Fundraising | $52,900 | FundraisingAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,662,421 | TotalAmt |
| Program Services | $1,436,746 | ProgramServicesAmt |
| Management And General | $153,719 | ManagementAndGeneralAmt |
| Fundraising | $71,956 | FundraisingAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $52,020 | TotalAmt |
| Program Services | $44,958 | ProgramServicesAmt |
| Management And General | $4,811 | ManagementAndGeneralAmt |
| Fundraising | $2,251 | FundraisingAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $145,551 | TotalAmt |
| Program Services | $125,792 | ProgramServicesAmt |
| Management And General | $13,458 | ManagementAndGeneralAmt |
| Fundraising | $6,301 | FundraisingAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $187,931 | TotalAmt |
| Program Services | $162,420 | ProgramServicesAmt |
| Management And General | $17,377 | ManagementAndGeneralAmt |
| Fundraising | $8,134 | FundraisingAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $42,247 | TotalAmt |
| Management And General | $42,247 | ManagementAndGeneralAmt |
Fees For Services Lobbying FeesForServicesLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $107,857 | TotalAmt |
| Management And General | $107,857 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $40,917 | TotalAmt |
| Management And General | $40,917 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $522,583 | TotalAmt |
| Program Services | $488,911 | ProgramServicesAmt |
| Management And General | $15,961 | ManagementAndGeneralAmt |
| Fundraising | $17,711 | FundraisingAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $63,907 | TotalAmt |
| Program Services | $7,405 | ProgramServicesAmt |
| Management And General | $56,128 | ManagementAndGeneralAmt |
| Fundraising | $374 | FundraisingAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $216,330 | TotalAmt |
| Program Services | $124,919 | ProgramServicesAmt |
| Management And General | $62,713 | ManagementAndGeneralAmt |
| Fundraising | $28,698 | FundraisingAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $179,745 | TotalAmt |
| Program Services | $167,956 | ProgramServicesAmt |
| Management And General | $7,758 | ManagementAndGeneralAmt |
| Fundraising | $4,031 | FundraisingAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $112,806 | TotalAmt |
| Program Services | $98,127 | ProgramServicesAmt |
| Management And General | $9,659 | ManagementAndGeneralAmt |
| Fundraising | $5,020 | FundraisingAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $34,014 | TotalAmt |
| Program Services | $27,576 | ProgramServicesAmt |
| Management And General | $6,395 | ManagementAndGeneralAmt |
| Fundraising | $43 | FundraisingAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $154,778 | TotalAmt |
| Program Services | $117,257 | ProgramServicesAmt |
| Management And General | $37,272 | ManagementAndGeneralAmt |
| Fundraising | $249 | FundraisingAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,259 | TotalAmt |
| Program Services | $142,885 | ProgramServicesAmt |
| Management And General | $14,065 | ManagementAndGeneralAmt |
| Fundraising | $7,309 | FundraisingAmt |
Other Expenses OtherExpensesGrp (4 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | FundraisingFundraisingAmt |
|---|---|---|---|
| PROGRAM & POLICY INVEST | $856,687 | $856,687 | |
| RESEARCH EXPENSE | $103,254 | $103,254 | |
| PROGRAM SUPPLIES AND TO | $24,861 | $24,861 | |
| UNCOLLECTABLE PLEDGES | $756 | $756 |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $7,039,776 | TotalAmt |
| Program Services | $6,130,697 | ProgramServicesAmt |
| Management And General | $703,346 | ManagementAndGeneralAmt |
| Fundraising | $205,733 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $713,333 | BOYAmt |
| EOY | $777,722 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,951,539 | BOYAmt |
| EOY | $2,954,035 | EOYAmt |
Pledges And Grants Receivable PledgesAndGrantsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $17,649,691 | BOYAmt |
| EOY | $13,138,653 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $147,105 | BOYAmt |
| EOY | $152,724 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $1,127,709 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $667,766 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $613,785 | BOYAmt |
| EOY | $459,943 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $15,389,679 | BOYAmt |
| EOY | $21,730,200 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $354,483 | BOYAmt |
| EOY | $449,248 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,819,615 | BOYAmt |
| EOY | $39,662,525 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $317,322 | BOYAmt |
| EOY | $572,935 | EOYAmt |
Escrow Account Liability EscrowAccountLiabilityGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $35,000 | BOYAmt |
| EOY | $460,000 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $967,778 | BOYAmt |
| EOY | $796,216 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,320,100 | BOYAmt |
| EOY | $1,829,151 | 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 | $22,009,746 | BOYAmt |
| EOY | $24,696,221 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $18,489,769 | BOYAmt |
| EOY | $13,137,153 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $40,499,515 | BOYAmt |
| EOY | $37,833,374 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $41,819,615 | BOYAmt |
| EOY | $39,662,525 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expnss | -$3,413,573 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $747,432 | 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) |
|---|---|---|
| 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 | $2,583,791 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,360,177 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,987,900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,524,752 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,989,953 | CurrentTaxYearAmt |
| Total | $42,446,573 | TotalAmt |
Total Calendar Year170 TotalCalendarYear170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $2,583,791 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,360,177 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $24,987,900 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $6,524,752 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,989,953 | CurrentTaxYearAmt |
| Total | $42,446,573 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Substantial Contributors Tot | $22,746,157 | SubstantialContributorsTotAmt |
| Public Support Total170 | $19,700,416 | PublicSupportTotal170Amt |
Gross Investment Income170 GrossInvestmentIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $269,835 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $255,668 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $344,943 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $536,476 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $720,711 | CurrentTaxYearAmt |
| Total | $2,127,633 | TotalAmt |
Other Income170 OtherIncome170Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus1 Year | $2,874 | CurrentTaxYearMinus1YearAmt |
| Total | $2,874 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | $44,577,080 | TotalSupportAmt |
| Public Support CY170 | 0.44190 | PublicSupportCY170Pct |
| Public Support PY170 | 0.42300 | 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 | OTHER INCOME - 2023 AMOUNT: $ 2,874. | 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 Direct Lobbying TotalDirectLobbyingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $107,857 | FilingOrganizationsTotalAmt |
Total Lobbying Expend TotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $107,857 | FilingOrganizationsTotalAmt |
Other Exempt Purpose Expend OtherExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,891,002 | FilingOrganizationsTotalAmt |
Total Exempt Purpose Expend TotalExemptPurposeExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $6,998,859 | FilingOrganizationsTotalAmt |
Lobbying Nontaxable Amount LobbyingNontaxableAmountGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $499,943 | FilingOrganizationsTotalAmt |
Grassroots Nontaxable GrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Filing Organizations Total | $124,986 | 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 | $425,852 | CurrentYearMinus3Amt |
| Current Year Minus2 | $440,032 | CurrentYearMinus2Amt |
| Current Year Minus1 | $470,842 | CurrentYearMinus1Amt |
| Current Year | $499,943 | CurrentYearAmt |
| Total | $1,836,669 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Lobbying Ceiling | $2,755,004 | LobbyingCeilingAmt |
Avg Total Lobbying Expend AvgTotalLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $46,217 | CurrentYearMinus3Amt |
| Current Year Minus2 | $69,926 | CurrentYearMinus2Amt |
| Current Year Minus1 | $105,902 | CurrentYearMinus1Amt |
| Current Year | $107,857 | CurrentYearAmt |
| Total | $329,902 | TotalAmt |
Avg Grassroots Nontaxable AvgGrassrootsNontaxableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $106,463 | CurrentYearMinus3Amt |
| Current Year Minus2 | $110,008 | CurrentYearMinus2Amt |
| Current Year Minus1 | $117,711 | CurrentYearMinus1Amt |
| Current Year | $124,986 | CurrentYearAmt |
| Total | $459,168 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grassroots Ceiling | $688,752 | GrassrootsCeilingAmt |
Avg Grassroots Lobbying Expend AvgGrassrootsLobbyingExpendGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Year Minus3 | $3,043 | CurrentYearMinus3Amt |
| Current Year Minus2 | $430 | CurrentYearMinus2Amt |
| Total | $3,473 | TotalAmt |
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 | $2,093,384 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $297,564 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,390,948 | EndYearBalanceAmt |
CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Year Balance | $1,763,272 | BeginningYearBalanceAmt |
| Investment Earnings Or Losses | $330,112 | InvestmentEarningsOrLossesAmt |
| End Year Balance | $2,093,384 | EndYearBalanceAmt |
CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp
| 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 Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp
| 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 | $822,833 | OtherCostOrOtherBasisAmt |
| Depreciation | $394,274 | DepreciationAmt |
| Book Value | $428,559 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $304,876 | OtherCostOrOtherBasisAmt |
| Depreciation | $273,492 | DepreciationAmt |
| Book Value | $31,384 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $459,943 | TotalBookValueLandBuildingsAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING LEASE LIABILITY | Desc |
| Amt | $796,216 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $796,216 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
| Total Rev Etc Audited Fincl Stmt | $4,406,379 | TotalRevEtcAuditedFinclStmtAmt |
| Net Unrealized Gains Invst | $747,432 | NetUnrealizedGainsInvstAmt |
| Donated Services And Use Fclts | $73,661 | DonatedServicesAndUseFcltsAmt |
| Revenue Not Reported | $821,093 | RevenueNotReportedAmt |
| Revenue Subtotal | $3,585,286 | RevenueSubtotalAmt |
| Investment Expenses Not Incld | $40,917 | InvestmentExpensesNotIncldAmt |
| Revenue Not Reported Fincl Stmt | $40,917 | RevenueNotReportedFinclStmtAmt |
| Total Revenue Per Form990 | $3,626,203 | TotalRevenuePerForm990Amt |
| Tot Expns Etc Audited Fincl Stmt | $7,072,520 | TotExpnsEtcAuditedFinclStmtAmt |
| Donated Services Use Fclts | $73,661 | DonatedServicesUseFcltsAmt |
| Expenses Not Reported | $73,661 | ExpensesNotReportedAmt |
| Expenses Subtotal | $6,998,859 | ExpensesSubtotalAmt |
| Investment Expenses Not Incld2 | $40,917 | InvestmentExpensesNotIncld2Amt |
| Expenses Not Rpt Fincl Stmt | $40,917 | ExpensesNotRptFinclStmtAmt |
| Total Expenses Per Form990 | $7,039,776 | TotalExpensesPerForm990Amt |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART IV, LINE 2B: | PERIODICALLY, THE FUND ENTERS INTO AGREEMENTS TO SERVE AS AN AGENT FOR OTHER ORGANIZATIONS AND ACT AS AN INTERMEDIARY BETWEEN SUCH ORGANIZATIONS AND BENEFICIARIES. IN 2022, THE FUND AGREED TO SERVE AS AN AGENT FOR A PROJECT WITH THE BOSTON CONSULTING GROUP ("BCG") DIRECTED BY THREE LOCAL FUNDERS. IN 2022 AND 2023, $275,000 WAS RECEIVED. THE FUND DISBURSED FUNDS TO BCG UPON COMPLETION OF THE PROJECT IN 2023. $35,000 REMAINED FROM THIS FISCAL AGENCY TO SUPPORT ADDITIONAL WORK ALONG THESE LINES. IN 2024, THE FUND ENGAGED IN A NEW FISCAL AGENCY AGREEMENT TO EXPLORE AND POTENTIALLY SUPPORT DYNAMIC COALITION BUILDING AMONG PARTNER ORGANIZATIONS AND STAKEHOLDERS IN THE CHICAGO EDUCATION COMMUNITY. $425,000 WAS RECEIVED AND IS BEING HELD AS OF DECEMBER 31, 2024 TO BE PAID OUT IN 2025. |
| PART V, LINE 4: | THE ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE OPERATIONS AND INITIATIVES OF THE CHICAGO PUBLIC EDUCATION FUND AND ITS PROGRAMMATIC ACTIVITY OVER THE LONG TERM. |
| PART X, LINE 2: | THE ACCOUNTING STANDARD RELATED TO UNCERTAINTY IN INCOME TAXES STATES THE FUND MAY RECOGNIZE THE TAX BENEFIT FROM AN UNCERTAIN TAX POSITION ONLY IF IT IS MORE LIKELY THAN NOT 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 THERE ARE ANY UNRECOGNIZED TAX BENEFITS OR TAX LIABILITIES THAT SHOULD BE RECORDED FOR THE REPORTING PERIODS PRESENTED IN THESE FINANCIAL STATEMENTS. |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 0 | GrantRecordsMaintainedInd |
Recipient Table RecipientTable (14 entries)
| Address Line1USAddress/AddressLine1Txt | CityUSAddress/CityNm | State AbbreviationUSAddress/StateAbbreviationCd | ZIPUSAddress/ZIPCd | Recipient EINRecipientEIN | IRC SectionIRCSectionDesc | Cash GrantCashGrantAmt | Non Cash AssistanceNonCashAssistanceAmt | Purpose Of GrantPurposeOfGrantTxt |
|---|---|---|---|---|---|---|---|---|
| ACCELERATE INSTITUTE | ||||||||
| 150 NORTH MICHIGAN AVE SUITE 2100 | CHICAGO | IL | 60601 | 363764476 | 501(C)(3) | $30,880 | $0 | LEADERSHIP BRIDGE PROGRAM PARTNER |
| CHICAGO PUBLIC SCHOOLS | ||||||||
| 42 W MADISON STREET | CHICAGO | IL | 60602 | 366005821 | GOVT | $144,000 | $0 | WINNING DESIGN CHALLENGE SCHOOLS, NETWORK PROFESSIONAL DEVELOPMENT GRANTS |
| ILLINOIS PRINCIPALS ASSOCIATION | ||||||||
| 2940 BAKER DR | SPRINGFIELD | IL | 62703 | 362739730 | 501(C)(6) | $5,880 | $0 | SPONSORSHIP FOR PRINCIPAL PROFESSIONAL DEVELOPMENT CREDIT HOURS |
| LATINO LEADERSHIP PIPELINE | ||||||||
| 4926 WEST BYRON ST | CHICAGO | IL | 60641 | 872779896 | 501(C)(3) | $50,000 | $0 | AFFINITY GROUP PROGRAM PARTNER |
| LEADERSHIP & DESIGN | ||||||||
| 206 BROOKE ACRES DRIVE | LOS GATOS | CA | 95032 | 271178342 | 501(C)(3) | $70,000 | $0 | DESIGN PROGRAM PARTNER |
| MIKVA CHALLENGE | ||||||||
| 200 S MICHIGAN SUITE 1000 | CHICAGO | IL | 60604 | 522033353 | 501(C)(3) | $48,750 | $0 | CHICAGO BOARD OF EDUCATION INFORMATION SESSIONS |
| NATIONAL SAM INNOVATION PROJECT | ||||||||
| 9100 SHELBYVILLE ROAD SUITE 280 | LOUISVILLE | KY | 40222 | 454454376 | 501(C)(3) | $52,335 | $0 | SPONSORSHIP FOR PRINCIPAL PROFESSIONAL DEVELOPMENT |
| NEW LEADERS INC | ||||||||
| 121 WEST 36TH STREET 308 | NEW YORK | NY | 10018 | 043519203 | 501(C)(3) | $182,089 | $0 | LEADERSHIP BRIDGE PROGRAM PARTNER |
| NORTHEASTERN UNIVERSITY | ||||||||
| 360 HUNTINGTON AVE | BOSTON | MA | 02115 | 041679980 | 501(C)(3) | $27,150 | $0 | PLC & LEADERSHIP BRIDGE PROGRAMS PARTNER |
| SURGE INSTITUTE INC | ||||||||
| 935 W CHESTNUT STREET SUITE 515 | CHICAGO | IL | 60642 | 471995566 | 501(C)(3) | $22,500 | $0 | SPONSORSHIP FOR PRINCIPAL PROFESSIONAL DEVELOPMENT |
| THE HUMAN SCHOOLS PROJECT INCORPORATED | ||||||||
| 434 COLLEGE STREET | NEW HAVEN | CT | 06511 | 990478077 | 501(C)(3) | $12,500 | $0 | CPS NETWORK STRATEGY PROGRAM SUPPORT |
| UNIVERSITY OF CHICAGO CONSORTIUM ON SCHOOL RESEARCH | ||||||||
| 5801 SOUTH ELLIS AVE | CHICAGO | IL | 60637 | 362177139 | 501(C)(3) | $10,000 | $0 | RESEARCH GRANT |
| UNIVERSITY OF ILLINOIS - CHICAGO | ||||||||
| 1040 WEST HARRISON STREET | CHICAGO | IL | 60607 | 376000511 | GOVT | $214,000 | $0 | SUPPORT THE MALOTT EDUCATOR FELLOWSHIP AND LEADERSHIP BRIDGE. |
| UNIVERSITY OF WASHINGTON | ||||||||
| CAMPUS BOX 358731 | SEATTLE | WA | 98195 | 916001537 | GOVT | $56,500 | $0 | PROVIDE PROFESSIONAL DEVELOPMENT SERVICES INCLUDING TRAINING AND COACHING TO CPS NETWORK CHIEFS. |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total501c3 Org | 13 | Total501c3OrgCnt |
| Total Other Org | 1 | TotalOtherOrgCnt |
Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Type | GRANTS TO PRINCIPALS | GrantTypeTxt |
| Recipient | 149 | RecipientCnt |
| Cash Grant | $208,787 | 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 ACCORDING TO BENCHMARK SCHEDULES. GRANT DOLLARS ARE DISBURSED ONLY UPON DOCUMENTED EVIDENCE THAT THE PROJECTS ARE MEETING OR WORKING TOWARDS MEETING THE CRITICAL FACTORS FOR THE PROJECTS 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 (7 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 | $376,639 | $0 | $0 | $0 | $0 | $0 | $15,480 | $0 | $32,222 | $0 | $424,341 | $0 | $0 | $0 |
| MARIEL LAUREANO | ||||||||||||||
| DIRECTOR, EDUCATOR SUPPORT | $181,341 | $0 | $0 | $0 | $0 | $0 | $7,600 | $0 | $30,461 | $0 | $219,402 | $0 | $0 | $0 |
| NELSON GEREW | ||||||||||||||
| CHIEF PUBLIC AFFAIRS OFFICER | $210,000 | $0 | $0 | $0 | $0 | $0 | $8,400 | $0 | $678 | $0 | $219,078 | $0 | $0 | $0 |
| JULIE BURNETT | ||||||||||||||
| DIRECTOR, PARTNERSHIP AND INNOVATION | $186,918 | $0 | $0 | $0 | $0 | $0 | $7,600 | $0 | $11,074 | $0 | $205,592 | $0 | $0 | $0 |
| ANNIE BRINGEWATT | ||||||||||||||
| DIRECTOR, DATA & STRATEGY | $136,328 | $0 | $5,000 | $0 | $5,000 | $0 | $5,480 | $0 | $2,276 | $0 | $154,084 | $0 | $0 | $0 |
| SUJATA KANKANHALLI | ||||||||||||||
| INTERIM COO (1/8/24-12/13/24) | $143,750 | $0 | $10,000 | $0 | $0 | $0 | $0 | $0 | $0 | $0 | $153,750 | $0 | $0 | $0 |
| ESTHER LEE | ||||||||||||||
| DIRECTOR, PEOPLE AND OPERATIONS | $121,006 | $0 | $0 | $0 | $0 | $0 | $5,180 | $0 | $23,818 | $0 | $150,004 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART I, LINE 7 | FormAndLineReferenceDesc |
| Explanation | THE FUND OFFERED BONUSES OR STIPENDS TO TWO (2) EMPLOYEES IN 2024. STIPENDS WERE OFFERED TO EMPLOYEES WHO WORKED ON SPECIAL PROJECTS THAT WENT ABOVE AND BEYOND THEIR REGULAR DUTIES. BONUSES WERE OFFERED AT THE DISCRETION OF THE BOARD OF DIRECTORS FOR EXTRAORDINARY PERFORMANCE. THE PROCESS FOR THE DISTRIBUTION OF STIPENDS IS SHARED WITH EMPLOYEES. | ExplanationTxt |
Schedule L IRS990ScheduleL
Bus Tr Involve Interested Prsn BusTrInvolveInterestedPrsnGrp
Name Of Interested NameOfInterested
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | WISE LEADERSHIP CONSULTING | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Relationship Description | CONSULTANT | RelationshipDescriptionTxt |
| Transaction | $221,500 | TransactionAmt |
| Transaction | PROGRAM SUPPORT FEES FOR THE MALOTT FELLOWSHIP | TransactionDesc |
| Sharing Of Revenues | 0 | SharingOfRevenuesInd |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | PART IV | FormAndLineReferenceDesc |
| Explanation | THE FOUNDING PARTNER OF WISE LEADERSHIP CONSULTING, WHICH PROVIDED PROGRAM SUPPORT FOR THE MALOTT FELLOWSHIP PROGRAM IN 2024, IS RELATED TO THE DIRECTOR OF PARTNERSHIP AND INNOVATION, A KEY EMPLOYEE OF THE FUND. THE FUND PAID $221,500 TO WISE LEADERSHIP CONSULTING FOR PROVIDING PROGRAM SUPPORT. | ExplanationTxt |
Schedule M IRS990ScheduleM
Books And Publications BooksAndPublicationsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Noncash Contributions Rpt F990 | $2,125 | NoncashContributionsRptF990Amt |
| Method Of Determining Revenues | COST | MethodOfDeterminingRevenuesTxt |
Securities Publicly Traded SecuritiesPubliclyTradedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | Yes (X) | NonCashCheckboxInd |
| Contribution | 1 | ContributionCnt |
| Noncash Contributions Rpt F990 | $61,303 | 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 | 3 | ContributionCnt |
| Noncash Contributions Rpt F990 | $50,852 | 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 | THE NUMBER REPORTED IN COLUMN B OF SCHEDULE M FOR ALL DONATIONS REPRESENTS THE NUMBER OF CONTRIBUTIONS FOR EACH RESPECTIVE CATEGORY. | ExplanationTxt |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART III, LINE 2 | IN 2023, WE LAUNCHED A FIRST-OF-ITS KIND LOCAL SCHOOL COUNCIL (LSC) MEMBER ENGAGEMENT SURVEY, WITH RESPONSES FROM 560 LSC MEMBERS. IN 2024, WE PUBLISHED LOCAL DECISION-MAKERS IN OUR SCHOOLS: A BASELINE REPORT ON CHICAGO'S LOCAL SCHOOL COUNCILS TO SHARE THE SURVEY DATA, SHOWCASE STORIES OF THE POSITIVE IMPACT LSCS HAVE ON SCHOOL COMMUNITIES, AND HIGHLIGHT AREAS WHERE WE PLAN TO EXPAND OUR SUPPORTS. FOR EXAMPLE, WHILE 82% OF LSC MEMBERS REPORTED POSITIVE RELATIONSHIPS WITH THEIR PRINCIPALS; RESPONSES FROM MEMBERS REPRESENTING 65 SCHOOLS INDICATED THEY MAY NEED ADDITIONAL SUPPORT, AS WEAKER RELATIONSHIPS BETWEEN LSCS AND PRINCIPALS CAN NEGATIVELY IMPACT SCHOOL CULTURE AND SHARED DECISION-MAKING. IN RESPONSE TO THIS DATA, WE PILOTED INITIATIVES TO STRENGTHEN PRINCIPAL-LSC RELATIONSHIPS, ADDRESS THE CHALLENGE OF LSC VACANCIES IN SCHOOLS, AND UPLIFT THE IMPORTANCE OF LOCAL AUTONOMY. OUR PILOT INITIATIVES INCLUDED AN LSC MENTORSHIP PROGRAM IN PARTNERSHIP WITH CHICAGO PUBLIC SCHOOLS (CPS), WHICH PAIRED 14 SCHOOL LEADERS WITH SIX EXPERIENCED PEERS TO HELP THEM NAVIGATE THE NUANCES OF WORKING WITH LSCS. THROUGH OUR COMMUNITY ENGAGEMENT ACCELERATOR PILOT, SEVEN SCHOOL LEADERS RECEIVED COACHING TO IMPROVE THEIR ENGAGEMENT PRACTICES, INCLUDING PLANNING COMMUNITY EVENTS AND FILLING VACANCIES WITHIN THEIR LSCS. ADDITIONALLY, WE LAUNCHED AN LSC MASTERCLASS SERIES AND LSC WORKING GROUP, WHICH ARE DESCRIBED IN THE PROGRAM #1 AND PROGRAM #2 SECTIONS BELOW. FINALLY, GIVEN THE RAPIDLY CHANGING EDUCATION GOVERNANCE AND POLICY ENVIRONMENT IN CHICAGO, WE LAUNCHED A PUBLIC ENGAGEMENT CAMPAIGN TO UPLIFT THE VOICES AND NEEDS OF SCHOOL LEADERS. THIS IS DETAILED IN THE PROGRAM #2 SECTION BELOW. |
| FORM 990, PART VI, SECTION A, LINE 2 | JOHN DUGENSKE AND SIDDHARTH MEHTA HAVE A BUSINESS RELATIONSHIP. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE CHIEF EXECUTIVE OFFICER REVIEWS THE COMPLETED FORM 990. 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. FINALLY, IT IS FILED 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 CHIEF EXECUTIVE OFFICER (CEO) FOR REVIEW AND, WHEN NECESSARY, REFERRED TO THE EXECUTIVE COMMITTEE FOR 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 ON 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 | Q15A: 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. THE COMMITTEE USED DATA FROM FORM 990S AND SURVEY DATA PRODUCED BY NATIONAL AND REGIONAL INDUSTRY ASSOCIATIONS TO ASSIST IN THEIR PROCESS AND DISCUSSED FINAL RECOMMENDATIONS IN EXECUTIVE SESSION WITH THE ENTIRE BOARD OF DIRECTORS BEFORE FINALIZING. THE PROCESS IS DOCUMENTED. Q15B: FOR STAFF SALARIES, INCLUDING THOSE OF KEY EMPLOYEES, THE INDEPENDENT HUMAN RESOURCES BUSINESS PARTNER (HRBP), A CONSULTANT, REVIEWED COMPENSATION LEVELS AT COMPARABLE ORGANIZATIONS AND SHARED ANALYSIS WITH THE CEO AND MEMBERS OF THE EXECUTIVE COMMITTEE. ULTIMATELY, THE GOVERNANCE, OPERATIONS, FINANCE, AND AUDIT COMMITTEE REVIEWED THESE SALARY RECOMMENDATIONS IN CONJUNCTION WITH THE ANNUAL BUDGET PLANNING PROCESS. THE PROCESS FOR DETERMINING THE COMPENSATION IS DOCUMENTED. |
| 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). |
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