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    <Timestamp>2013-05-15T19:56:30-07:00</Timestamp>
    <TaxPeriodEndDate>2012-12-31</TaxPeriodEndDate>
    <PreparerFirm>
      <PreparerFirmBusinessName>
        <BusinessNameLine1>Judith J Jager CPA</BusinessNameLine1>
      </PreparerFirmBusinessName>
      <PreparerFirmUSAddress>
        <AddressLine1>1002 Florence Avenue</AddressLine1>
        <City>Evanston</City>
        <State>IL</State>
        <ZIPCode>60202</ZIPCode>
      </PreparerFirmUSAddress>
    </PreparerFirm>
    <ReturnType>990EZ</ReturnType>
    <TaxPeriodBeginDate>2012-01-01</TaxPeriodBeginDate>
    <Filer>
      <EIN>364294465</EIN>
      <Name>
        <BusinessNameLine1>Ivy Pearl Foundation Inc</BusinessNameLine1>
      </Name>
      <NameControl>IVYP</NameControl>
      <Phone>8472442838</Phone>
      <USAddress>
        <AddressLine1>PO Box 5842</AddressLine1>
        <City>Evanston</City>
        <State>IL</State>
        <ZIPCode>60204</ZIPCode>
      </USAddress>
    </Filer>
    <Officer>
      <Name>Deldri R Dugger</Name>
      <Title>President</Title>
      <DateSigned>2013-05-15</DateSigned>
      <AuthorizeThirdParty>true</AuthorizeThirdParty>
    </Officer>
    <Preparer>
      <Name>Judith J Jager</Name>
      <PTIN>P01322476</PTIN>
      <Phone>8478648173</Phone>
      <SelfEmployed>X</SelfEmployed>
    </Preparer>
    <TaxYear>2012</TaxYear>
    <BuildTS>2016-02-24 21:20:13Z</BuildTS>
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      <MethodOfAccountingCash>X</MethodOfAccountingCash>
      <ScheduleBNotRequired>X</ScheduleBNotRequired>
      <WebSite>www.ivypearlfoundation.org</WebSite>
      <Organization501c3 referenceDocumentId="IRS990ScheduleA">X</Organization501c3>
      <GrossReceiptsLessThan25000>X</GrossReceiptsLessThan25000>
      <GrossReceipts>19887</GrossReceipts>
      <InfoInScheduleOPartI>X</InfoInScheduleOPartI>
      <ContributionsGiftsGrantsEtc>1708</ContributionsGiftsGrantsEtc>
      <MembershipDues>1100</MembershipDues>
      <InvestmentIncome>2105</InvestmentIncome>
      <CostOtherBasisAndSalesExpenses>0</CostOtherBasisAndSalesExpenses>
      <FundraisingGrossIncome>14974</FundraisingGrossIncome>
      <SpecialEventsDirectExpenses>3857</SpecialEventsDirectExpenses>
      <SpecialEventsNetIncomeLoss>11117</SpecialEventsNetIncomeLoss>
      <CostOfGoodsSold>0</CostOfGoodsSold>
      <TotalRevenue>16030</TotalRevenue>
      <GrantsAndSimilarAmountsPaid>11190</GrantsAndSimilarAmountsPaid>
      <FeesAndOthPymtToIndContractors>1020</FeesAndOthPymtToIndContractors>
      <OccupancyRentUtilitiesAndMaint>331</OccupancyRentUtilitiesAndMaint>
      <PrintingPublicationsPostage>43</PrintingPublicationsPostage>
      <OtherExpensesTotal>1422</OtherExpensesTotal>
      <TotalExpenses>14006</TotalExpenses>
      <ExcessOrDeficitForYear>2024</ExcessOrDeficitForYear>
      <NetAssetsOrFundBalancesBOY>41012</NetAssetsOrFundBalancesBOY>
      <NetAssetsOrFundBalancesEOY>43036</NetAssetsOrFundBalancesEOY>
      <CashSavingsAndInvestments>
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      <PrimaryExemptPurpose>The foundations purpose is to financially support the programs of Alpha Kappa Alpha Sorority, Incorporated, Delta Chi Omega Chapter and other programs that promote education, economic empowerment, health and the importance of family. The Ivy Pearl Foundation, Inc. raises funds through member dues and fundraising efforts. The Foundation meets a minimum of four times each year to consider organizational matters, program grant proposals and develop fundraising strategies.</PrimaryExemptPurpose>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Emerging Young Leaders (EYL) Initiatives: served girls in grades six through eight by providing mentoring and financial literacy counseling, civic engagement, enhanced academic preparation and character building.</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>1260</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Grant to Educational Advancement Foundation for scholarships and community programs</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>500</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <ProgramServiceAccomplishment>
        <DescriptionProgramServiceAccom>Academic Scholarship Grants to 15 young adults</DescriptionProgramServiceAccom>
        <ProgramServiceExpenses>9150</ProgramServiceExpenses>
      </ProgramServiceAccomplishment>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Patrica A Vance</PersonName>
        <Title>Director</Title>
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        <Compensation>0</Compensation>
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        <PersonName>Sharon Robinson</PersonName>
        <Title>Director</Title>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Wyvette Hofman</PersonName>
        <Title>Director</Title>
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        <Compensation>0</Compensation>
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      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Patricia A Vance</PersonName>
        <Title>Financial Sec.</Title>
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        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Susan P Ray</PersonName>
        <Title>Recording Sec.</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Wanda D Withers</PersonName>
        <Title>Vice President</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Zipporah Lewis</PersonName>
        <Title>Treasurer</Title>
        <AvgHoursPerWkDevotedToPosition>0.50</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <OfficerDirectorTrusteeKeyEmpl>
        <PersonName>Deldri R Dugger</PersonName>
        <Title>President</Title>
        <AvgHoursPerWkDevotedToPosition>1.00</AvgHoursPerWkDevotedToPosition>
        <Compensation>0</Compensation>
      </OfficerDirectorTrusteeKeyEmpl>
      <InfoInScheduleOPartV>X</InfoInScheduleOPartV>
      <ActivitiesNotPreviouslyRpt>false</ActivitiesNotPreviouslyRpt>
      <MadeChangesToOrgnzngEtcDoc>false</MadeChangesToOrgnzngEtcDoc>
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      <InitiationFeesAndCapitalContri>0</InitiationFeesAndCapitalContri>
      <GrossReceiptsForPublicUse>0</GrossReceiptsForPublicUse>
      <EngagedInExcessBenefitTrans>false</EngagedInExcessBenefitTrans>
      <ProhibitedTaxShelterTrans>false</ProhibitedTaxShelterTrans>
      <TheBooksAreInCareOf>
        <NamePerson>Zipporah Lewis</NamePerson>
        <AddressUS>
          <AddressLine1>1143 S Plymouth Court 312</AddressLine1>
          <City>Chicago</City>
          <State>IL</State>
          <ZIPCode>60605</ZIPCode>
        </AddressUS>
        <TelephoneNumber>8472442838</TelephoneNumber>
      </TheBooksAreInCareOf>
      <ForeignFinancialAccount>false</ForeignFinancialAccount>
      <ForeignOffice>false</ForeignOffice>
      <MaintainAnyDonorAdvisedFunds>false</MaintainAnyDonorAdvisedFunds>
      <DoesOrgHaveHospital>false</DoesOrgHaveHospital>
      <TanningServicesProvided>false</TanningServicesProvided>
      <Form720Filed>false</Form720Filed>
      <RelatedOrgControlledEntity>false</RelatedOrgControlledEntity>
      <TransactionWithControlEntity>false</TransactionWithControlEntity>
      <EngagePoliticalCmpgnActivities>false</EngagePoliticalCmpgnActivities>
      <EngageInLobbyingActivities>false</EngageInLobbyingActivities>
      <OperatingSchool>false</OperatingSchool>
      <TrnsfrsExemptNonCharRelatedOrg>false</TrnsfrsExemptNonCharRelatedOrg>
      <RelatedOrgSection527Org>false</RelatedOrgSection527Org>
      <PartVIOfCompOfHighestPaidEmpl>NONE</PartVIOfCompOfHighestPaidEmpl>
      <PartVIAHghstPaidCntrctProfSer>NONE</PartVIAHghstPaidCntrctProfSer>
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        <CurrentTaxYearMinus3Years>9117</CurrentTaxYearMinus3Years>
        <CurrentTaxYearMinus2Years>11040</CurrentTaxYearMinus2Years>
        <CurrentTaxYearMinus1Year>1376</CurrentTaxYearMinus1Year>
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      <GrossReceiptsFromAdmissions>
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      <AmtsRecdFromDisqualPersons>
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        <CurrentTaxYearMinus1Year>604</CurrentTaxYearMinus1Year>
        <CurrentTaxYear>2105</CurrentTaxYear>
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        <CurrentTaxYearMinus1Year>604</CurrentTaxYearMinus1Year>
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      <OtherIncome509>
        <Total>0</Total>
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      <TotalSupportTotal>
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        <CurrentTaxYearMinus1Year>19221</CurrentTaxYearMinus1Year>
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        <Total>138682</Total>
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      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.3</Identifier>
        <ReturnReference>Other Expenses.3</ReturnReference>
        <Explanation>Government Filing Fee $133</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.2</Identifier>
        <ReturnReference>Other Expenses.2</ReturnReference>
        <Explanation>Web-Site -Delta Chi Omega $282</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1</Identifier>
        <ReturnReference>Other Expenses.1</ReturnReference>
        <Explanation>Scholarship Administration $407</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1012</Identifier>
        <ReturnReference>Other Expenses.1012</ReturnReference>
        <Explanation>Insurance $359</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 16.1002</Identifier>
        <ReturnReference>Other Expenses.1002</ReturnReference>
        <Explanation>Office Expenses $241</Explanation>
      </GeneralExplanation>
      <GeneralExplanation>
        <Identifier>Form 990-EZ, Part I, Line 10.2</Identifier>
        <ReturnReference>Grants and Similar Amounts Paid In Excess of $5,000.2</ReturnReference>
        <Explanation>| Donee's Name: Scholarships | Cash Amount Given: $9150</Explanation>
      </GeneralExplanation>
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