2012-05-04T09:05:57-05:00 2011-12-31 Baker Tilly Virchow Krause LLP 205 N Michigan Ave 28th Floor Chicago IL 606015927 990 2011-01-01 363480353 Chicago Public Library Foundation % TERESA DE LONG CHIC 3122019830 20 North Michigan Ave Chicago IL 60602 RHONA FRAZIN 2012-05-03 true Judith H Meguire CPA 3127298000 2011 2016-02-24 21:20:13Z Rhona Frazin 20 North Michigan Ave Chicago IL 60602 6718612 false X www.chicagopubliclibraryfoundation.org X 1986 IL Enriching resources, technology and programs at Chicago Public Library's 79 branches. 51 50 6 0 0 5743438 3829516 0 0 843100 522536 -102534 -132596 6484004 4219456 0 0 0 0 717640 641539 30273 40647 549322 4009343 3637396 4757256 4319582 1726748 -100126 30786267 27925792 376892 265849 30409375 27659943 TO PROVIDE PRIVATE RESOURCES FOR THE COLLECTIONS, PROGRAMS AND TECHNOLOGY THAT CONNECT ALL CHICAGOANS TO LIFELONG LEARNING OPPORTUNITIES AT THE CHICAGO PUBLIC LIBRARY. false false 1433393 Help children build academic success and a love of reading through family summer reading program, festival of children's books, teen reading, early literacy, great kids read, nature connections and teachers in the library. Over 150,000 benefited. 1557059 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. 347012 Expand Library collections and create opportunities to discuss books and ideas through programs such as one book, one Chicago and Chicago book festival. Over 100,000 benefited. 3337464 true true false false false false true false true false false false false false true true false false false false false false true true false false false false true false false false false false false false true true false false false false false false false false false true 61 0 6 true false false false false true true true true false false false false X 51 50 false false false false false true false true true false false true true true true true true true false false IL X X X TERESA DE LONG 3122019830 20 N MICHIGAN AVE SUITE 520 Chicago IL 60602 Trisha Rooney Alden 1.0 X Lyn Andress 1.0 X Caroline Ballatine 1.0 X Sherry Barrat 2.0 X X John L Brennan 2.0 X X Michael W Brennan 1.0 X Deborah A Bricker 1.0 X Calvin G Butler Jr 1.0 X Marcy R Carlin 1.0 X Michelle L Collins 2.0 X X Frances Comer 1.0 X James R Donnelley 5.0 X X Paul H Dykstra 1.0 X Sondra B Epstein 1.0 X Linda Hefner 1.0 X David F Heroy 1.0 X Daniel C Hill 1.0 X Leslie S Hindman 1.0 X Joanne Chun Hughes 1.0 X William V Krehbiel 1.0 X John D LaSage 1.0 X Donna LaPietra 1.0 X James H Lowry 1.0 X Miles W McHugh 1.0 X Cheryl Mayberry McKissack 1.0 X Michael Osanloo 1.0 X Kay Levi Pick 1.0 X Stephan Platcow 1.0 X Cindy Pritzker 1.0 X X Gregory Purcell 2.0 X X John Rau 1.0 X A Kelly Ryan 1.0 X Bruce Sagan 2.0 X X Rodd Schreiber 1.0 X Charlie A Schrock 1.0 X Maureen Dwyer Smith 1.0 X Linda J Stephans 1.0 X Jayne Carr Thompson 1.0 X Dia S Weil 1.0 X Robert A Wislow 5.0 X X Frances R Dittmer 1.0 X Leslie S Douglass 1.0 X James F Feldstein 1.0 X Marshall Field 1.0 X Stanley M Freehling 1.0 X J Ira Harris 1.0 X Frank A Rossi 1.0 X Ella D Strubel 1.0 X Audrey Bables Tuggle 1.0 X Rhona Frazin 35.0 X X 191000 0 34126 Thomas M Carroll 1.0 X David R Casper 1.0 X James D DeVries 1.0 X Mellody Hobson 1.0 X Patricia Siebert 35.0 X 99100 22525 290100 0 56651 1 false true false 0 983647 2845869 896313 3829516 0 278346 278346 0 0 2529207 2285017 244190 244190 244190 81250 983647 214139 -132889 -132889 0 0 MISCELLANEOUS INCOME 900099 293 293 293 4219456 389940 0 0 0 0 191000 95500 95500 0 305499 147227 158272 53714 24272 29442 55455 26382 29073 35871 17338 18533 0 5538 4989 549 40015 40015 0 40647 40647 0 97617 65067 22636 9914 214517 155756 8296 50465 9231 152 2231 6848 209429 195569 5227 8633 0 36337 16843 19494 71374 63250 5094 3030 0 16818 1317 8005 7496 0 0 0 8685 3908 4777 CYBERNAVIGATORS 1087529 1087529 PRINTING & DESIGN 496545 496545 TEACHERS IN THE LIBRARY 585500 585500 BOOKS/SUBSCRIPTIONS/PUBLICATIO 268028 266166 92 1770 490233 420613 4741 64879 4319582 3337464 432796 549322 0 0 618767 755910 1635704 918920 0 0 0 0 0 0 0 0 0 0 11838 9977 50148 50148 0 28512500 26237419 0 0 0 0 0 0 7458 3566 30786267 27925792 376892 265849 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 376892 265849 X 12820722 11180868 8946771 7837193 8641882 8641882 30409375 27659943 30786267 27925792 X -100126 -2649306 X false true true X X 2730019 3490076 3813831 5743438 3829516 19606880 2730019 3490076 3813831 5743438 3829516 19606880 23494 19583386 357013 347717 302731 279184 278346 1564991 152804 9438 4448 1424 293 168407 21340278 0.91767 0.91104 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED X X false false 12107722 8 -1753338 509928 9844464 12178023 7818 418111 496230 12107722 12137705 216081 304230 479993 12178023 11300223 976571 -114089 25000 12137705 0.12000 0.88000 false false 0 50148 50148 0 0 4219456 4319582 -100126 -1589605 -1059701 -2649306 -2749432 3646600 -1589605 1059701 -529904 4176504 42952 42952 4219456 5336331 1059701 1059701 4276630 42952 42952 4319582 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 III, 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 catalogued 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 X, Line 2: FIN 48 In accordance with the accounting standard on Accounting for Uncertainty in Income Taxes, the Foundation addresses the determination of whether tax benefits claimed on a tax return should be recorded in the Financial Statements. Under this guidance, the foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merit of the position. Examples of tax positions include the tax-exempt status of the foundation and various position related to the potential sources of unrelated business taxable income. There were no unrecognized tax benefits identified or record as liabilities during fiscal year 2010. Open tax years subject to examination by the U.S. and state taxing authorities are for the years 2007 to 2009, which statutes expire in 2010 to 2012, respectively. X X X X X X true CSLA Carol Fox Assoc 1412 W Belmont Chicago IL 60657 CSLA false 1064897 40647 1064897 40647 CSLA 1064897 983647 81250 12500 98982 1000 101657 0 1064897 983647 81250 12500 98982 1000 101657 214139 -132889 X false true X false false false false false false false false false Rhona Frazin 191000 0 0 0 0 0 191000 0 0 Schedule J, Part I, Line 1b: Memo from James R. Donnelley, FoundationBoard Chairman, "As of january 1, 2011, I am approving 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." 12 N Venture LLC % owned by Robert Wislow 27153 Rent & maintenance work orders false US Equities Asset Management LLC % owned by Robert Wislow 93125 CPL-YOUMedia security services false X 91870 FMV X American Airlines - airfare 0 12500 FMV X Park Hyatt Chicago - hotel 0 4000 FMV X Jewel Catering - catering 0 12916 FMV X Hefferman Morgan - floral 0 840 FMV X RPM Advertising - advertising/printing 0 43092 FMV X Chicago Sun Times - advertising/printing 0 21489 FMV X Chicago Tribune - advertising/printing 0 12726 FMV X LaPietra - advertising/printing 0 35000 FMV X Printing Arts - advertising/printing 0 11189 FMV X University of Illinois - venue 0 10950 FMV X Show Department - equipment 0 20303 FMV X R4 Services 0 1728 FMV false false false Form 990, Part VI, Section A, Line 3: The Executive Committee shall consist of the President of the Chicago Public Library Board of Directors, the Chairperson of the corporation (who shall chair the Executive Committee, the Vice-Chairs, the chairpersons of the Governance Committee, Finance and Audit Committee and Investment Committee and such other member or members of the corporation appointed by the Chairperson." All Executive Committe members are on the governing body. The Executive Committee "...shall have and exercise the authority of the Board of Directors in the management of the corporation. 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. Form 990, Part XI, Line 5: Net unrealized losses: ($1,589,605) Donated Services: ($1,059,701) OTHER EXPENSES FORM 990 PART IX DESCRIPTION:HONORARIA TOTAL EXPENSES:297182 PROGRAM SERVICES:297182 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:MISCELLANEOUS EXP TOTAL EXPENSES:150099 PROGRAM SERVICES:80479 MANAGEMENT AND GENERAL:4741 FUNDRAISING:64879 OTHER EXPENSES FORM 990 PART IX DESCRIPTION:INVESTMENT INTEREST EXPENSE TOTAL EXPENSES:42952 PROGRAM SERVICES:42952