CHICAGO PUBLIC LIBRARY FOUNDATION: Form 990, tax year 2012
View the entire original 990 at ProPublica ↗
- Organization
- CHICAGO PUBLIC LIBRARY FOUNDATION (EIN 36-3480353)
- Tax period
- 2012-01-01 to 2012-12-31
- Filed
- 2013-08-15
- IRS object ID
- 201302279349303700
- Schema version
- 2012v2.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule G
- Schedule J
- Schedule L
- Schedule M
- Schedule O
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2013-08-15T15:13:52-05:00 | Timestamp |
| Tax Period End Date | 2012-12-31 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Baker Tilly Virchow Krause LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 N Michigan Ave 28th Floor | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 606015927 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2012-01-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363480353 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | Chicago Public Library Foundation | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| In Care Of Name | % TERESA DE LONG | InCareOfName |
| Name Control | CHIC | NameControl |
| Phone | 3122019830 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 North Michigan Ave | AddressLine1 |
| Address Line2 | Suite 520 | AddressLine2 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | RHONA FRAZIN | Name |
| Title | PRESIDENT & CEO | Title |
| Phone | 3122019830 | Phone |
| Date Signed | 2013-08-13 | DateSigned |
| Authorize Third Party | true | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Judith H Meguire CPA | Name |
| Phone | 3127298000 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2012 | TaxYear |
| Build TS | 2016-02-25 16:41:14Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Rhona Frazin | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 North Michigan Ave | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6640066 | GrossReceipts |
| Group Return For Affiliates | false | GroupReturnForAffiliates |
| Organization501c3 | X | Organization501c3 |
| Web Site | www.chicagopubliclibraryfoundation.org | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1986 | YearFormation |
| State Legal Domicile | IL | StateLegalDomicile |
| Activity Or Mission Description | Enriching resources, technology and programs at Chicago Public Library's 79 branches. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 49 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 47 | NbrIndependentVotingMembers |
| Total Nbr Employees | 6 | TotalNbrEmployees |
| Total Nbr Volunteers | 40 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Contributions Grants Prior Year | 3951641 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 3474806 | ContributionsGrantsCurrentYear |
| Program Service Revenue Prior Year | 0 | ProgramServiceRevenuePriorYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 522536 | InvestmentIncomePriorYear |
| Investment Income Current Year | 285052 | InvestmentIncomeCurrentYear |
| Other Revenue Prior Year | -132596 | OtherRevenuePriorYear |
| Other Revenue Current Year | -216135 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 4341581 | TotalRevenuePriorYear |
| Total Revenue Current Year | 3543723 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 0 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 0 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members Prior Year | 0 | BenefitsPaidToMembersPriorYear |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Prior Year | 641539 | SalariesEtcPriorYear |
| Salaries Etc Current Year | 740787 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp Prior Year | 40647 | TotalProfFundrsngExpPriorYear |
| Total Prof Fundrsng Exp CY | 44154 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 613893 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 4819222 | OtherExpensePriorYear |
| Other Expenses Current Year | 4454374 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5501408 | TotalExpensesPriorYear |
| Total Expenses Current Year | 5239315 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -1159827 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -1695592 | RevenuesLessExpensesCY |
| Total Assets BOY | 27925792 | TotalAssetsBOY |
| Total Assets EOY | 28637887 | TotalAssetsEOY |
| Total Liabilities BOY | 265849 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 91362 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 27659943 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 28546525 | NetAssetsOrFundBalancesEOY |
| Mission Description | TO PROVIDE PRIVATE RESOURCES FOR THE COLLECTIONS, PROGRAMS AND TECHNOLOGY THAT CONNECT ALL CHICAGOANS TO LIFELONG LEARNING OPPORTUNITIES AT THE CHICAGO PUBLIC LIBRARY. | MissionDescription |
| Significant New Program Services | false | SignificantNewProgramServices |
| Significant Change | false | SignificantChange |
| Expense | 1875350 | Expense |
| Description | HELP CHILDREN BUILD ACADEMIC SUCCESS AND A LOVE OF READING THROUGH FAMILY SUMMER READING PROGRAM, TEEN LEARNING, EARLY LITERACY, GREAT KIDS READ, SCIENCE CONNECTIONS AND TEACHERS IN THE LIBRARY. OVER 200,000 BENEFITED. | Description |
Activity2 Activity2
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 1791637 | Expense |
| Description | PROVIDE FUNDING FOR PUBLIC ACCESS TO INFORMATION RESOURCES AND TECHNOLOGY, INCLUDING CYBERNAVIGATORS, AS WELL AS MARKETING AND EVALUATION INITIATIVES TO KEEP THE CHICAGO PUBLIC LIBRARY RELEVANT TO THE LIVES OF ALL CHICAGOANS. OVER 4 MILLION BENEFITED. | Description |
Activity3 Activity3
| Field | Value | IRS element (for citing) |
|---|---|---|
| Expense | 456490 | Expense |
| Description | EXPAND LIBRARY COLLECTIONS AND CREATE OPPORTUNITIES TO DISCUSS BOOKS AND IDEAS THROUGH PROGRAMS SUCH AS ONE BOOK, ONE CHICAGO. OVER 100,000 BENEFITED. | Description |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Expense | 4123477 | TotalProgramServiceExpense |
| Described In501 C3 | true | DescribedIn501C3 |
| Schedule B Required | true | ScheduleBRequired |
| Political Activities | false | PoliticalActivities |
| Lobbying Activities | false | LobbyingActivities |
| Donor Advised Funds | false | DonorAdvisedFunds |
| Conservation Easements | false | ConservationEasements |
| Collections Of Art | true | CollectionsOfArt |
| Credit Counseling | false | CreditCounseling |
| Term Or Permanent Endowments | true | TermOrPermanentEndowments |
| Report Land Bldg Equip | false | ReportLandBldgEquip |
| Report Invest Oth Securities | true | ReportInvestOthSecurities |
| Report Prog Rel Invest | false | ReportProgRelInvest |
| Report Other Assets | false | ReportOtherAssets |
| Report Other Liabilities | false | ReportOtherLiabilities |
| Report Fin48 Footnote | true | ReportFin48Footnote |
| Independent Audit Financial Stmt | true | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | false | ConsolidatedAuditFinancialStmt |
| School | false | School |
| Foreign Office | false | ForeignOffice |
| Foreign Activities | false | ForeignActivities |
| More Than5000 K To Organizations | false | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | false | MoreThan5000KToIndividuals |
| Professional Fundraising | true | ProfessionalFundraising |
| Fundraising Activities | true | FundraisingActivities |
| Gaming | false | Gaming |
| Hospital | false | Hospital |
| Grants To Organizations | false | GrantsToOrganizations |
| Grants To Individuals | false | GrantsToIndividuals |
| Schedule J Required | true | ScheduleJRequired |
| Tax Exempt Bonds | false | TaxExemptBonds |
| Excess Benefit Transaction | false | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | false | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | false | LoanToOfficerOrDQP |
| Grant To Related Person | false | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | false | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | false | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | true | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | true | DeductibleNonCashContributions |
| Deductible Contributions Of Art | false | DeductibleContributionsOfArt |
| Terminated | false | Terminated |
| Partial Liquidation | false | PartialLiquidation |
| Disregarded Entity | false | DisregardedEntity |
| Related Entity | false | RelatedEntity |
| Related Org Controlled Entity | false | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | false | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | false | ActivitiesConductedPartnership |
| Schedule O Required | true | ScheduleORequired |
| Number Forms Transmitted With1096 | 39 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 6 | NumberOfEmployees |
| Employment Tax Returns Filed | true | EmploymentTaxReturnsFiled |
| Unrelated Business Income | false | UnrelatedBusinessIncome |
| Foreign Financial Account | false | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | false | ProhibitedTaxShelterTrans |
| Taxable Party Notification | false | TaxablePartyNotification |
| Non Deductible Contributions | false | NonDeductibleContributions |
| Quid Pro Quo Contributions | true | QuidProQuoContributions |
| Quid Pro Quo Disclosure | true | QuidProQuoDisclosure |
| Form8282 Property Disposed Of | false | Form8282PropertyDisposedOf |
| Funds To Pay Premiums | false | FundsToPayPremiums |
| Premiums Paid | false | PremiumsPaid |
| Indoor Tanning Services | false | IndoorTanningServices |
| Info In Schedule O Part VI | X | InfoInScheduleOPartVI |
| Nbr Voting Governing Body Members | 49 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 47 | NumberIndependentVotingMembers |
| Family Or Business Relationship | false | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | false | DelegationOfManagementDuties |
| Changes To Organizing Docs | true | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | false | MaterialDiversionOrMisuse |
| Members Or Stockholders | false | MembersOrStockholders |
| Election Of Board Members | true | ElectionOfBoardMembers |
| Decisions Subject To Approval | false | DecisionsSubjectToApproval |
| Minutes Of Governing Body | true | MinutesOfGoverningBody |
| Minutes Of Committees | true | MinutesOfCommittees |
| Officer Mailing Address | false | OfficerMailingAddress |
| Local Chapters | false | LocalChapters |
| Form990 Provided To Governing Body | true | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | true | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | true | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | true | RegularMonitoringEnforcement |
| Whistleblower Policy | true | WhistleblowerPolicy |
| Document Retention Policy | true | DocumentRetentionPolicy |
| Compensation Process CEO | true | CompensationProcessCEO |
| Compensation Process Other | false | CompensationProcessOther |
| Investment In Joint Venture | false | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | IL | StatesWhereCopyOfReturnIsFiled |
| Own Website | X | OwnWebsite |
| Other Website | X | OtherWebsite |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | TERESA DE LONG | NamePerson |
| Telephone Number | 3122019830 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 20 N MICHIGAN AVE SUITE 520 | AddressLine1 |
| City | Chicago | City |
| State | IL | State |
| ZIP Code | 60602 | ZIPCode |
Form990 Part VII Section A Form990PartVIISectionA (49 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Average Hours Per Week RelatedAverageHoursPerWeekRelated | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation |
|---|---|---|---|---|---|---|---|
| Trisha Rooney Alden | |||||||
| Director | 1.0 | X | |||||
| Sherry Barrat | |||||||
| Vice Chair | 2.0 | X | |||||
| John L Brennan | |||||||
| Vice Chair | 2.0 | X | X | ||||
| Michael W Brennan | |||||||
| Director | 1.0 | X | |||||
| Calvin G Butler Jr | |||||||
| Director | 1.0 | X | |||||
| Marcy R Carlin | |||||||
| Director | 1.0 | X | |||||
| Michelle L Collins | |||||||
| Vice Chair | 2.0 | X | X | ||||
| James R Donnelley | |||||||
| Past Chairman | 5.0 | X | X | ||||
| Paul H Dykstra | |||||||
| Director | 1.0 | X | |||||
| Sondra B Epstein | |||||||
| Director | 1.0 | X | |||||
| Linda Hefner | |||||||
| Director | 1.0 | X | |||||
| David F Heroy | |||||||
| Director | 1.0 | X | |||||
| Leslie S Hindman | |||||||
| Director | 1.0 | X | |||||
| Joanne Chun Hughes | |||||||
| Director | 1.0 | X | |||||
| William V Krehbiel | |||||||
| Director | 1.0 | X | |||||
| John D LaSage | |||||||
| Director | 1.0 | X | |||||
| Donna LaPietra | |||||||
| Director | 1.0 | X | |||||
| James H Lowry | |||||||
| Director | 1.0 | X | |||||
| Cheryl Mayberry McKissack | |||||||
| Director | 1.0 | X | |||||
| Kay Levi Pick | |||||||
| Director | 1.0 | X | |||||
| Stephan Platcow | |||||||
| Director | 1.0 | X | |||||
| Cindy Pritzker | |||||||
| Chairman Emeritus | 1.0 | X | X | ||||
| Gregory Purcell | |||||||
| Director | 2.0 | X | |||||
| John Rau | |||||||
| Director | 1.0 | X | |||||
| A Kelly Ryan | |||||||
| Director | 1.0 | X | |||||
| Bruce Sagan | |||||||
| Secretary | 2.0 | X | X | ||||
| Rodd Schreiber | |||||||
| Director | 1.0 | X | |||||
| Charlie A Schrock | |||||||
| Director | 1.0 | X | |||||
| Maureen Dwyer Smith | |||||||
| Director | 1.0 | X | |||||
| Linda J Stephans | |||||||
| Director | 1.0 | X | |||||
| Dia S Weil | |||||||
| Director | 1.0 | X | |||||
| Robert A Wislow | |||||||
| Chairman | 5.0 | X | X | ||||
| Frances R Dittmer | |||||||
| Life Director | 1.0 | X | |||||
| Leslie S Douglass | |||||||
| Life Director | 1.0 | X | |||||
| James F Feldstein | |||||||
| Life Director | 1.0 | X | |||||
| Marshall Field | |||||||
| Life Director | 1.0 | X | |||||
| Stanley M Freehling | |||||||
| Life Director | 1.0 | X | |||||
| J Ira Harris | |||||||
| Life Director | 1.0 | X | |||||
| Frank A Rossi | |||||||
| Life Director | 1.0 | X | |||||
| Ella D Strubel | |||||||
| Life Director | 1.0 | X | |||||
| Audrey Bables Tuggle | |||||||
| Life Director | 1.0 | X | |||||
| Rhona Frazin | |||||||
| President and CEO | 40.0 | X | X | 0.0 | 191000 | 0 | 35073 |
| Thomas M Carroll | |||||||
| Director | 1.0 | X | |||||
| David R Casper | |||||||
| Director | 1.0 | X | |||||
| DAVID A DOHNALEK | |||||||
| DIRECTOR | 1.0 | X | |||||
| KAREN J GREEN | |||||||
| DIRECTOR | 1.0 | X | |||||
| JOHN J GRESENS | |||||||
| DIRECTOR | 1.0 | X | |||||
| SUREN GUPTA | |||||||
| DIRECTOR | 1.0 | X | |||||
| LINDA JOHNSON RICE | |||||||
| DIRECTOR | 1.0 | X | |||||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 191000 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 0 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 35073 | TotalOtherCompensation |
| Number Individuals GT100 K | 1 | NumberIndividualsGT100K |
| Formers Listed | false | FormersListed |
| Total Comp GT150 K | true | TotalCompGT150K |
| Compensation From Other Sources | false | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| Fundraising Events | 1209780 | FundraisingEvents |
| All Other Contributions | 2265026 | AllOtherContributions |
| Noncash Contributions | 65915 | NoncashContributions |
| Total Contributions | 3474806 | TotalContributions |
| Total Program Service Revenue | 0 | TotalProgramServiceRevenue |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 281465 | TotalRevenueColumn |
| Exclusion | $281,465 | ExclusionAmount |
Income From Invest Bond Proceeds IncomeFromInvestBondProceeds
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Royalties Revenue RoyaltiesRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Rental Income Or Loss RentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | 0 | Real |
| Personal | 0 | Personal |
Net Rental Income Or Loss NetRentalIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Gross Amount Sales Assets GrossAmountSalesAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2790781 | Securities |
Less Cost Oth Basis Sales Expenses LessCostOthBasisSalesExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 2787194 | Securities |
Gain Or Loss GainOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | 3587 | Securities |
Net Gain Or Loss Investments NetGainOrLossInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3587 | TotalRevenueColumn |
| Exclusion | $3,587 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Income Fundraising Events | 91000 | GrossIncomeFundraisingEvents |
| Cntrbtns Rprtd Fundraising Events | 1209780 | CntrbtnsRprtdFundraisingEvents |
| Fundraising Direct Expenses | 309149 | FundraisingDirectExpenses |
Net Income From Fundraising Events NetIncomeFromFundraisingEvents
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | -218149 | TotalRevenueColumn |
| Exclusion | -$218,149 | ExclusionAmount |
Net Income From Gaming NetIncomeFromGaming
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Net Income Or Loss NetIncomeOrLoss
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 0 | TotalRevenueColumn |
Other Revenue Misc OtherRevenueMisc
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS INCOME | Description |
| Business Code | 900099 | BusinessCode |
| Total Revenue Column | 2014 | TotalRevenueColumn |
| Exclusion | $2,014 | ExclusionAmount |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Other Revenue | 2014 | TotalOtherRevenue |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 3543723 | TotalRevenueColumn |
| Exclusion | $68,917 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Grants To Domestic Individuals GrantsToDomesticIndividuals
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Foreign Grants ForeignGrants
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Benefits To Members BenefitsToMembers
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Comp Current Officers Directors CompCurrentOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 226073 | Total |
| Program Services | 0 | ProgramServices |
| Management And General | 97830 | ManagementAndGeneral |
| Fundraising | 128243 | Fundraising |
Comp Disqual Persons CompDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Salaries And Wages OtherSalariesAndWages
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 404330 | Total |
| Management And General | 174969 | ManagementAndGeneral |
| Fundraising | 229361 | Fundraising |
Pension Plan Contributions PensionPlanContributions
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 36290 | Total |
| Management And General | 15704 | ManagementAndGeneral |
| Fundraising | 20586 | Fundraising |
Other Employee Benefits OtherEmployeeBenefits
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 49587 | Total |
| Management And General | 21458 | ManagementAndGeneral |
| Fundraising | 28129 | Fundraising |
Payroll Taxes PayrollTaxes
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24507 | Total |
| Management And General | 10605 | ManagementAndGeneral |
| Fundraising | 13902 | Fundraising |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Legal FeesForServicesLegal
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3479 | Total |
| Program Services | 2295 | ProgramServices |
| Management And General | 1184 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44940 | Total |
| Management And General | 44940 | ManagementAndGeneral |
Fees For Services Lobbying FeesForServicesLobbying
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Prof Fundraising FeesForServicesProfFundraising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 44154 | Total |
| Fundraising | 44154 | Fundraising |
Fees For Services Invst Mgmnt Fees FeesForServicesInvstMgmntFees
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Fees For Services Other FeesForServicesOther
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 909083 | Total |
| Program Services | 853993 | ProgramServices |
| Management And General | 34064 | ManagementAndGeneral |
| Fundraising | 21026 | Fundraising |
Advertising Advertising
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 228734 | Total |
| Program Services | 157557 | ProgramServices |
| Management And General | 24643 | ManagementAndGeneral |
| Fundraising | 46534 | Fundraising |
Office Expenses OfficeExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6938 | Total |
| Management And General | 3557 | ManagementAndGeneral |
| Fundraising | 3381 | Fundraising |
Information Technology InformationTechnology
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 172327 | Total |
| Program Services | 162451 | ProgramServices |
| Management And General | 4902 | ManagementAndGeneral |
| Fundraising | 4974 | Fundraising |
Royalties Royalties
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Occupancy Occupancy
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 38785 | Total |
| Management And General | 16855 | ManagementAndGeneral |
| Fundraising | 21930 | Fundraising |
Travel Travel
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 77183 | Total |
| Program Services | 66321 | ProgramServices |
| Management And General | 6347 | ManagementAndGeneral |
| Fundraising | 4515 | Fundraising |
Travel Entrtnmnt Public Officials TravelEntrtnmntPublicOfficials
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Conferences Meetings ConferencesMeetings
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 24987 | Total |
| Program Services | 8132 | ProgramServices |
| Management And General | 2510 | ManagementAndGeneral |
| Fundraising | 14345 | Fundraising |
Interest Interest
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Payments To Affiliates PaymentsToAffiliates
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Depreciation Depletion DepreciationDepletion
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Insurance Insurance
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 8534 | Total |
| Management And General | 3414 | ManagementAndGeneral |
| Fundraising | 5120 | Fundraising |
Other Expenses OtherExpenses (4 entries)
| DescriptionDescription | TotalTotal | Program ServicesProgramServices | Management And GeneralManagementAndGeneral | FundraisingFundraising |
|---|---|---|---|---|
| CYBERNAVIGATORS | 1187355 | 1187355 | ||
| PRINTING & DESIGN | 443204 | 443204 | ||
| TEACHERS IN THE LIBRARY | 661460 | 661460 | ||
| BOOKS/SUBSCRIPTIONS/PUBLICATIO | 214330 | 210984 | 1141 | 2205 |
All Other Expenses AllOtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 433035 | Total |
| Program Services | 369725 | ProgramServices |
| Management And General | 37822 | ManagementAndGeneral |
| Fundraising | 25488 | Fundraising |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5239315 | Total |
| Program Services | 4123477 | ProgramServices |
| Management And General | 501945 | ManagementAndGeneral |
| Fundraising | 613893 | Fundraising |
Cash Non Interest Bearing CashNonInterestBearing
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 162638 | BOY |
| EOY | 50825 | EOY |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 593272 | BOY |
| EOY | 221194 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 918920 | BOY |
| EOY | 513509 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Officers Etc ReceivablesFromOfficersEtc
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Receivables From Disqual Persons ReceivablesFromDisqualPersons
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Notes Loans Receivable Net OtherNotesLoansReceivableNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Inventories For Sale Or Use InventoriesForSaleOrUse
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Prepaid Expenses Deferred Charges PrepaidExpensesDeferredCharges
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 9977 | BOY |
| EOY | 15743 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Buildings Equipment Basis | 50148 | LandBuildingsEquipmentBasis |
| Land Bldg Equipment Accum Deprec | 50148 | LandBldgEquipmentAccumDeprec |
Land Buildings Equipment Basis Net LandBuildingsEquipmentBasisNet
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
Investments Pub Traded Securities InvestmentsPubTradedSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 21193816 | BOY |
| EOY | 23874662 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5043603 | BOY |
| EOY | 3957738 | EOY |
Investments Program Related InvestmentsProgramRelated
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Intangible Assets IntangibleAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3566 | BOY |
| EOY | 4216 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27925792 | BOY |
| EOY | 28637887 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265849 | BOY |
| EOY | 91362 | EOY |
Grants Payable GrantsPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Deferred Revenue DeferredRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Tax Exempt Bond Liabilities TaxExemptBondLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Escrow Account Liability EscrowAccountLiability
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Loans From Officers Directors LoansFromOfficersDirectors
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Mort Notes Pybl Secured Invest Prop MortNotesPyblSecuredInvestProp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Unsecured Notes Loans Payable UnsecuredNotesLoansPayable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 0 | BOY |
| EOY | 0 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 265849 | BOY |
| EOY | 91362 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 11180868 | BOY |
| EOY | 13956041 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 7837193 | BOY |
| EOY | 5948602 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 8641882 | BOY |
| EOY | 8641882 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27659943 | BOY |
| EOY | 28546525 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 27925792 | BOY |
| EOY | 28637887 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Reconcilation Revenue Expenses | -1695592 | ReconcilationRevenueExpenses |
| Reconciliation Unrealized Invest | 2582174 | ReconciliationUnrealizedInvest |
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | false | AccountantCompileOrReview |
| FS Audited | true | FSAudited |
FS Audited Basis FSAuditedBasis
| Field | Value | IRS element (for citing) |
|---|---|---|
| Financial Statement Separate | X | FinancialStatementSeparate |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | true | AuditCommittee |
| Federal Grant Audit Required | false | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3490076 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3813831 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5743438 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3951641 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3474806 | CurrentTaxYear |
| Total | 20473792 | Total |
Tax Rev Levied For Org Benefit170 TaxRevLeviedForOrgBenefit170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Value Srvc Fclts Furnished By Govt ValueSrvcFcltsFurnishedByGovt
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 3490076 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 3813831 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 5743438 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 3951641 | CurrentTaxYearMinus1Year |
| Current Tax Year | 3474806 | CurrentTaxYear |
| Total | 20473792 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Amounts Subst Contributors Total | 233616 | AmountsSubstContributorsTotal |
| Public Support Total170 | 20240176 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 347717 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 302731 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 279184 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 278346 | CurrentTaxYearMinus1Year |
| Current Tax Year | 281465 | CurrentTaxYear |
| Total | 1489443 | Total |
Net UBI NetUBI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 0 | Total |
Other Income170 OtherIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 9438 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 4448 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 98924 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 81543 | CurrentTaxYearMinus1Year |
| Current Tax Year | 93014 | CurrentTaxYear |
| Total | 287367 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 22250602 | TotalSupport |
| Public Support Pertcentage170 | 0.90965 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.91083 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| 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) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Art Public Exhibition Amts | ArtPublicExhibitionAmts | |
| Held Works Of Art Amts | HeldWorksOfArtAmts | |
| Collect Used For Public Exhibition | X | CollectUsedForPublicExhibition |
| Collect Used For Loan Or Exch Prgrms | X | CollectUsedForLoanOrExchPrgrms |
| Solicited Assets For Sale | false | SolicitedAssetsForSale |
| Agent Trustee Etc | false | AgentTrusteeEtc |
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 9852282 | BeginningOfYearBalance |
| Investment Earnings Or Losses | 387078 | InvestmentEarningsOrLosses |
| Other Expenditures | 494410 | OtherExpenditures |
| End Of Year Balance | 9744950 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12107722 | BeginningOfYearBalance |
| Contributions | 8 | Contributions |
| Investment Earnings Or Losses | -1742520 | InvestmentEarningsOrLosses |
| Other Expenditures | 512928 | OtherExpenditures |
| End Of Year Balance | 9852282 | EndOfYearBalance |
Current Year Minus2 Years CurrentYearMinus2Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12178023 | BeginningOfYearBalance |
| Contributions | 7818 | Contributions |
| Investment Earnings Or Losses | 418111 | InvestmentEarningsOrLosses |
| Other Expenditures | 496230 | OtherExpenditures |
| End Of Year Balance | 12107722 | EndOfYearBalance |
Current Year Minus3 Years CurrentYearMinus3Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 12137705 | BeginningOfYearBalance |
| Contributions | 216081 | Contributions |
| Investment Earnings Or Losses | 304230 | InvestmentEarningsOrLosses |
| Other Expenditures | 479993 | OtherExpenditures |
| End Of Year Balance | 12178023 | EndOfYearBalance |
Current Year Minus4 Years CurrentYearMinus4Years
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 11300223 | BeginningOfYearBalance |
| Contributions | 976571 | Contributions |
| Investment Earnings Or Losses | -114089 | InvestmentEarningsOrLosses |
| Other Expenditures | 25000 | OtherExpenditures |
| End Of Year Balance | 12137705 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.11000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.89000 | PermanentEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | false | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | false | EndowmentsHeldByRelatedOrgs |
| Land | Land | |
| Buildings | Buildings | |
| Leasehold Improvements | LeaseholdImprovements |
Equipment Equipment
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | 50148 | OtherCostOrOtherBasis |
| Depreciation | 50148 | Depreciation |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Land Buildings | OtherLandBuildings | |
| Financial Derivatives | FinancialDerivatives | |
| Closely Held Equity Interests | CloselyHeldEquityInterests |
Other Securities OtherSecurities (2 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| HEDGED EQUITY FUND | 23854 | F |
| ABSOLUTE RETURN FUNDS | 3933884 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 3957738 | TotalOfBookValueSecurities |
| Federal Income Tax Liability | 0 | FederalIncomeTaxLiability |
| Total Of Amounts | 0 | TotalOfAmounts |
| Tot Revenue Etc Audited Fincl Stmt | 6349648 | TotRevenueEtcAuditedFinclStmt |
| Net Unrealized Gains Investments | 2582174 | NetUnrealizedGainsInvestments |
| Donated Srvc And Use Of Facilities | 255356 | DonatedSrvcAndUseOfFacilities |
| Revenue Not Rptd F990 | 2837530 | RevenueNotRptdF990 |
| Revenue Subtotal | 3512118 | RevenueSubtotal |
| Investment Expenses Not Included | 31605 | InvestmentExpensesNotIncluded |
| Revenue Not Rptd On Fin Stmt | 31605 | RevenueNotRptdOnFinStmt |
| Total Revenue Per Form990 | 3543723 | TotalRevenuePerForm990 |
| Tot Expenses Etc Audited Fincl Stmt | 5463066 | TotExpensesEtcAuditedFinclStmt |
| Donated Services Use Of Facilities | 255356 | DonatedServicesUseOfFacilities |
| Expenses Not Rptd F990 | 255356 | ExpensesNotRptdF990 |
| Expenses Subtotal | 5207710 | ExpensesSubtotal |
| Investment Expenses Not Included2 | 31605 | InvestmentExpensesNotIncluded2 |
| Expenses Not Rptd On Fin Stmt | 31605 | ExpensesNotRptdOnFinStmt |
| Total Expenses Per Form990 | 5239315 | TotalExpensesPerForm990 |
Form990 Schedule D Part XIII Form990ScheduleDPartXIII (3 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Schedule D, Part III, Line 1a and Line 4: | The Foundation has adopted a policy of capitalizing collections at a nominal value in its financial statements. Although the financial statements do not disclose the cumulative value of collections, certain artwork received in 1991 as an unrestricted donation has been cataloged and preserved. Since 2003 the artwork has been displayed, on a permanent loan, in the Joan W. and Irving B. Harris Theater for music and dance. The theater carries a $2 million insurance policy on this artwork. | |
| Schedule D, Part V, Line 4 | The foundation adopted a spending policy directed at meeting current operational budget requirements. The foundation's policy has been to expend 4.5% of a four-year rolling average of the market value of the foundation's investments as of each December 31, as audited. Endowment yields that are in excess of the spending policy are returned to the endowment and reinvested. However, if endowment yields are not sufficient to support the spending policy, the balance is provided from realized capital gains. The difference between the actual yield on endowment investments and the spending rate is reported as a non-operating excess or deficit. | |
| Schedule D, Part X, Line 2: | The Foundation follows the accounting standards for contingencies in evaluating uncertain tax positions. The guidance prescribes recognition threshold principles for the financial statement recognition of tax positions taken or expected to be taken on a tax return that are not certain to be realized. No liability has been recognized by the Foundation for uncertain tax positions as of December 31, 2012 and 2011. The Foundation's tax returns are subject to review and examination by federal and state authorities. The tax returns for the current year as well as fiscal years 2009 and hereafter are open to examination by federal and state authorities. | FIN 48 |
Schedule G IRS990ScheduleG
| Field | Value | IRS element (for citing) |
|---|---|---|
| Mail Solicitations | X | MailSolicitations |
| Email Solicitations | X | EmailSolicitations |
| Phone Solicitations | X | PhoneSolicitations |
| In Person Solicitations | X | InPersonSolicitations |
| Solicitation Of Non Govt Grants | X | SolicitationOfNonGovtGrants |
| Solicitation Of Govt Grants | X | SolicitationOfGovtGrants |
| Special Fundraising Events | X | SpecialFundraisingEvents |
| Agreement Ref Fundraising | true | AgreementRefFundraising |
Fundraiser Activity Information FundraiserActivityInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Individual | Carol Fox Assoc | NameOfIndividual |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1412 W BELMONT AVE | AddressLine1 |
| City | CHICAGO | City |
| State | IL | State |
| ZIP Code | 60657 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Activity | CSLA Dinner | Activity |
| Fundraiser Control Of Funds | false | FundraiserControlOfFunds |
| Gross Receipts | 1300780 | GrossReceipts |
| Amount Retained By Contractor | 44154 | AmountRetainedByContractor |
| Net To Organization | 1256626 | NetToOrganization |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Gross Receipts | 1300780 | TotalGrossReceipts |
| Total Retained By Contractors | 44154 | TotalRetainedByContractors |
| Total Net To Organization | 1256626 | TotalNetToOrganization |
Events Information EventsInformation
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Event1 | CSLA DINNER | NameOfEvent1 |
| Gross Receipts Event1 | 1300780 | GrossReceiptsEvent1 |
| Charitable Contributions Event1 | 1209780 | CharitableContributionsEvent1 |
| Gross Revenue Event1 | 91000 | GrossRevenueEvent1 |
| Cash Prizes Event1 | 22500 | CashPrizesEvent1 |
| Food And Beverage Event1 | 107082 | FoodAndBeverageEvent1 |
| Entertainment Event1 | 800 | EntertainmentEvent1 |
| Other Direct Expenses Event1 | 178767 | OtherDirectExpensesEvent1 |
| Total Number Of Other Events | 0 | TotalNumberOfOtherEvents |
| Gross Receipts Total | 1300780 | GrossReceiptsTotal |
| Charitable Contributions Total | 1209780 | CharitableContributionsTotal |
| Gross Revenue Total Events | 91000 | GrossRevenueTotalEvents |
| Cash Prizes Total Events | 22500 | CashPrizesTotalEvents |
| Food And Beverage Total Events | 107082 | FoodAndBeverageTotalEvents |
| Entertainment Total Events | 800 | EntertainmentTotalEvents |
| Other Direct Expenses Total Events | 178767 | OtherDirectExpensesTotalEvents |
| Direct Expense Summary Events | 309149 | DirectExpenseSummaryEvents |
| Net Income Summary | -218149 | NetIncomeSummary |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Club Dues Or Fees | X | ClubDuesOrFees |
| Written Policy Re T And E Expenses | true | WrittenPolicyReTAndEExpenses |
| Substantiation Required | true | SubstantiationRequired |
| Board Or Committee Approval | X | BoardOrCommitteeApproval |
| Severance Payment | false | SeverancePayment |
| Supplemental Nonqual Retire Plan | false | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | false | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | false | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | false | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | false | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | false | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | false | AnyNonFixedPayments |
| Initial Contract Exception | false | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | Rhona Frazin | NamePerson |
| Title | President and CEO | Title |
| Base Compensation Filing Org | 191000 | BaseCompensationFilingOrg |
| Comp Based On Related Orgs | 0 | CompBasedOnRelatedOrgs |
| Bonus Filing Org | 0 | BonusFilingOrg |
| Bonus Related Orgs | 0 | BonusRelatedOrgs |
| Other Compensation Filing Org | 0 | OtherCompensationFilingOrg |
| Other Compensation Related Orgs | 0 | OtherCompensationRelatedOrgs |
| Deferred Comp Filing Org | 19100 | DeferredCompFilingOrg |
| Deferred Comp Related Orgs | 0 | DeferredCompRelatedOrgs |
| Nontaxable Benefits Filing Org | 15973 | NontaxableBenefitsFilingOrg |
| Nontaxable Benefits Related Orgs | 0 | NontaxableBenefitsRelatedOrgs |
| Total Compensation Filing Org | 226073 | TotalCompensationFilingOrg |
| Total Compensation Related Orgs | 0 | TotalCompensationRelatedOrgs |
| Comp Report Prior990 Filing Org | 0 | CompReportPrior990FilingOrg |
| Comp Report Prior990 Related Orgs | 0 | CompReportPrior990RelatedOrgs |
Form990 Schedule J Part III Form990ScheduleJPartIII
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Schedule J, Part I, Line 1b: | Identifier |
| Explanation | As of January 1, 2011, the board approved a change in the terms of Rhona Frazin's [Foundation President & CEO], University Club membership. Since the majority of Club use is for business purposes, monthly membership and related assessments will be paid in full by the Foundation. Rhona will continue to pay all non-business related food and other charges. | Explanation |
Schedule L IRS990ScheduleL
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Balance Due | 0 | TotalBalanceDue |
Form990 Schedule L Part IV Form990ScheduleLPartIV (2 entries)
| RelationshipRelationship | Amount Of TransactionAmountOfTransaction | Description Of TransactionDescriptionOfTransaction | Sharing Of RevenuesSharingOfRevenues |
|---|---|---|---|
| 12 N Venture LLC | |||
| % owned by Robert Wislow | 28458 | Rent & maintenance work orders | false |
| US Equities Asset Management LLC | |||
| % owned by Robert Wislow | 70043 | CPL-YOUMedia security services | false |
Schedule M IRS990ScheduleM
| Field | Value | IRS element (for citing) |
|---|---|---|
| Works Of Art | WorksOfArt | |
| Art Historical Treasures | ArtHistoricalTreasures | |
| Art Fractional Interest | ArtFractionalInterest |
Books And Publications BooksAndPublications
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 65708 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Clothing And Household Goods | ClothingAndHouseholdGoods | |
| Cars And Other Vehicles | CarsAndOtherVehicles | |
| Boats And Planes | BoatsAndPlanes |
Intellectual Property IntellectualProperty
| Field | Value | IRS element (for citing) |
|---|---|---|
| Non Cash Checkbox | X | NonCashCheckbox |
| Noncash Contribs Rptd F990 | 207 | NoncashContribsRptdF990 |
| Method Of Determining Revenues | FMV | MethodOfDeterminingRevenues |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities Publicly Traded | SecuritiesPubliclyTraded | |
| Securities Closely Held Stock | SecuritiesCloselyHeldStock | |
| Securities Prtnrshp Trust Intrsts | SecuritiesPrtnrshpTrustIntrsts | |
| Securities Miscellaneous | SecuritiesMiscellaneous | |
| Qualified Contrib Hist Struct | QualifiedContribHistStruct | |
| Qualified Contrib Other | QualifiedContribOther | |
| Real Estate Residential | RealEstateResidential | |
| Real Estate Commercial | RealEstateCommercial | |
| Real Estate Other | RealEstateOther | |
| Collectibles | Collectibles | |
| Food Inventory | FoodInventory | |
| Drugs And Medical Supplies | DrugsAndMedicalSupplies | |
| Taxidermy | Taxidermy | |
| Historical Artifacts | HistoricalArtifacts | |
| Scientific Specimens | ScientificSpecimens | |
| Archaeological Artifacts | ArchaeologicalArtifacts | |
| Any Property That Must Be Held | false | AnyPropertyThatMustBeHeld |
| Review Process Unusual NC Gifts | false | ReviewProcessUnusualNCGifts |
| Third Parties Used | false | ThirdPartiesUsed |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (7 entries)
| IdentifierIdentifier | ExplanationExplanation |
|---|---|
| Form 990, Part VI, Section A, Line 3: | SECTION 3. EXECUTIVE COMMITTEE. There shall be an Executive Committee, which, to the extent not restricted by law or these By-laws, shall have and exercise the authority of the Board of Directors in the management of the Corporation. The Executive Committee shall consist of the Chairperson (who shall chair the Executive Committee), the Vice-Chairpersons and the chairpersons of the Governance Committee, Finance and Audit Committee and Investment Committee. A majority of the members of the Executive Committee shall constitute a quorum, and the act of a majority of the members of the Executive Committee shall be the act of the Executive Committee. Each member of the Executive Committee shall continue as such until the next annual meeting of the Board of Directors and until such members successor is appointed or until such members death, resignation or removal. |
| Form 990, Part VI, Section A, Line 4: | By-laws were amended & restated on 6/20/12 and copy was sent via e-mail. |
| Form 990, Part VI, Section A, Line 7a: | CANDIDATES FOR MEMBERS OF THE BOARD OF DIRECTORS AND TO FILL VACANCIES ON THE BOARD OF DIRECTORS SHALL BE NOMINATED BY THE GOVERNANCE COMMITTEE. ADDITIONAL NOMINATIONS MAY BE MADE BY ANY MEMBER OF THE BOARD OF DIRECTORS. |
| Form 990, Part VI, Section B, Line 11b: | A COPY OF FORM 990 IS DISTRIBUTED TO EACH MEMBER OF THE BOARD OF DIRECTORS ELECTRONICALLY BEFORE IT IS FILED. BOARD MEMBERS REVIEW AND COMMENT ON THE RETURN. THE RETURN IS FILED AFTER REVIEW FROM THE BOARD OF DIRECTORS. |
| Form 990, Part VI, Section B, Line 12c: | THE FOUNDATION REQUIRES DIRECTORS AND KEY EMPLOYEES TO FILL OUT AN ANNUAL QUESTIONNAIRE TO ENSURE THERE ARE NO CONFLICTS OF INTEREST. |
| Form 990, Part VI, Section B, Line 15a and 15b: | Executive compensation is determined by a compensation committee and approved by the board of directors using comparability data. |
| Form 990, Part VI, Section B, Line 19: | GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS WILL BE PROVIDED UPON REQUEST. |
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