Form 990 for tax year 2022
Filed by CHILDRENS FIRST FUND THE CHICAGO PUBLIC SCHOOL FOUNDATION.
Totals
- Total revenue
- $14,344,858
- Total expenses
- $12,694,309
- Contributions and grants received
- $13,844,227
- Grants paid
- $5,050,124
- Program service revenue
- $0
- Investment income
- $500,631
- Other revenue
- $0
- Total assets, end of year
- $33,280,492
- Total liabilities, end of year
- $1,315,120
- Net assets or fund balances, end of year
- $31,965,372
- Program services expenses (Part IX)
- $11,734,912
- Management and general expenses
- $530,799
- Fundraising expenses
- $428,598
- Program service expenses (Part III)
- $11,734,912
Program services were 92.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1e · Government grants (contributions)
$78,103
-
1f · All other contributions, gifts and grants
$13,766,124
-
3 · Investment income
total $500,631 · excluded $500,631
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $3,901,667 · program services $3,901,667
-
2 · Grants to domestic individuals
total $1,148,457 · program services $1,148,457
-
7 · Other salaries and wages
total $673,933 · program services $96,980 · management and general $232,957 · fundraising $343,996
-
8 · Pension plan contributions
total $53,530 · program services $7,703 · management and general $18,504 · fundraising $27,323
-
9 · Other employee benefits
total $54,077 · program services $7,782 · management and general $18,692 · fundraising $27,603
-
10 · Payroll taxes
total $54,318 · program services $7,816 · management and general $18,776 · fundraising $27,726
-
11b · Fees: legal
total $4,028 · management and general $4,028
-
11c · Fees: accounting
total $83,384 · management and general $83,384
-
11g · Fees: other
total $4,144,719 · program services $4,133,094 · management and general $11,625
-
12 · Advertising and promotion
total $5,407 · program services $5,407
-
13 · Office expenses
total $790,242 · program services $789,571 · management and general $671
-
14 · Information technology
total $18,196 · program services $7,940 · management and general $10,256
-
16 · Occupancy
total $56,160 · management and general $56,160
-
17 · Travel
total $73,826 · program services $73,321 · management and general $505
-
19 · Conferences, conventions and meetings
total $221,391 · program services $218,278 · management and general $3,113
-
23 · Insurance
total $9,188 · program services $9,188
-
24a · Other expenses: STUDENT PROGRAMMING AND
total $476,321 · program services $476,321
-
24b · Other expenses: PROFESSIONAL DEVELOPMEN
total $454,750 · program services $451,478 · management and general $3,272
-
24c · Other expenses: EQUIPMENT AND FURNITURE
total $297,375 · program services $295,807 · management and general $1,568
-
24d · Other expenses: LICENSES, DUES, AND SUB
total $89,686 · program services $44,111 · management and general $44,375 · fundraising $1,200
-
24e · All other expenses
total $83,654 · program services $59,991 · management and general $22,913 · fundraising $750
Balance sheet
Part X, book values.
-
2 · Savings and temporary cash investments
beginning of year $27,746,230 · end of year $28,688,250
-
3 · Pledges and grants receivable
beginning of year $4,098,447 · end of year $4,592,242
-
18 · Grants payable
beginning of year $1,529,854 · end of year $1,315,120
-
27 · Net assets without donor restrictions
beginning of year $491,017 · end of year $740,897
-
28 · Net assets with donor restrictions
beginning of year $29,823,806 · end of year $31,224,475
Mission and programs · 2022
Mission
THE MISSION OF THE CHILDREN FIRST FUND IS TO PROMOTE THE GROWTH AND SUCCESS OF CHICAGO PUBLIC SCHOOLS THROUGH PHILANTHROPY AND PARTNERSHIPS. WE SERVE AS A KNOWLEDGE HUB AND LIAISON BETWEEN CPS AND ITS COMMUNITY OF PARTNERS, INCLUDING BUSINESSES, (SEE SCH O) FOUNDATIONS, AND INDIVIDUALS. BY MATCHING RESOURCES PROVIDED BY EXTERNAL DONORS AND PARTNERS WITH THE STUDENTS, SCHOOLS, AND STAFF THAT NEED THEM MOST. CFF MAXIMIZES THE IMPACT OF CPS' PARTNERSHIPS AND ADVANCES THE CPS VISION.
Activities or mission (Part I)
THE MISSION OF THE CHILDREN FIRST FUND IS TO PROMOTE THE GROWTH AND SUCCESS OF (SEE SCH O) CHICAGO PUBLIC SCHOOLS THROUGH PHILANTHROPY AND PARTNERSHIPS. WE SERVE AS A KNOWLEDGE HUB AND LIAISON BETWEEN CPS AND ITS COMMUNITY OF PARTNERS, INCLUDING BUSINESSES, FOUNDATIONS, AND INDIVIDUALS. BY MATCHING RESOURCES PROVIDED BY EXTERNAL DONORS AND PARTNERS WITH THE STUDENTS, SCHOOLS, AND STAFF THAT NEED THEM MOST, CFF MAXIMIZES THE IMPACT OF CPS' PARTNERSHIPS AND ADVANCES THE CPS VISION.
-
THE CFF MISSION IS TO SUPPORT CHICAGO PUBLIC SCHOOLS (CPS) GOAL OF PREPARING EVERY STUDENT FOR SUCCESS IN COLLEGE, CAREER AND CIVIC LIFE. OPERATING AS AN INDEPENDENT 501(C)(3), CFF PROACTIVELY ENGAGES PARTNERSHIPS AND EXTERNAL RESOURCES, FACILITATING SUPPORT AND RAISING FUNDS, MAXIMIZING IMPACT FOR SUPPORTERS OF CPS' STUDENTS, AND ADVANCING EQUITY ACROSS THE DISTRICT. CFF IS COMMITTED TO SUPPORTING THE DISTRICT BY BEING A TRUSTED, INDEPENDENT PHILANTHROPIC ARM IDENTIFYING AND COMMUNICATING CPS' MOST URGENT NEEDS TO PARTNERS AND ENSURING THE FIDELITY OF THEIR INVESTMENTS.
Expenses $11,734,912 · Grants $5,050,124
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here.
Listed in Part VII
-
Alan KingALAN KING
DIRECTOR, CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
Mary CahillaneMARY CAHILLANE
DIRECTOR, TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Adam LangsamADAM LANGSAM
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Alec Litowitz Resigned Aug 2022ALEC LITOWITZ RESIGNED AUG 2022
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Gail Ward Resigned Dec 2022GAIL WARD RESIGNED DEC 2022
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Liz DozierLIZ DOZIER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Martin CabreraMARTIN CABRERA
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Peter EllisPETER ELLIS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Pedro MartinezPEDRO MARTINEZ
EX OFFICIO DIRECT
- Total calculated
- $0
- Hours/week
- 1
-
Johanna Wheaton DuttJOHANNA WHEATON DUTT
DIRECTOR OF MAJOR GIFTS
- Total calculated
- $173,825
- From this org
- $144,200
- From related orgs
- $0
- Other
- $29,625
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $144,200
- Bonus
- $0
- Other
- $0
- Deferred
- $20,188
- Nontaxable benefits
- $9,437
- Filer's total
- $173,825
-
Oluyemisi OdedinaOLUYEMISI ODEDINA
MANAGING DIRECTOR OF FINANCE AND OPERATIONS
- Total calculated
- $169,451
- From this org
- $143,260
- From related orgs
- $0
- Other
- $26,191
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $143,260
- Bonus
- $0
- Other
- $0
- Deferred
- $2,756
- Nontaxable benefits
- $23,435
- Filer's total
- $169,451
-
Rachel OrlowskiRACHEL ORLOWSKI
DIRECTOR OF INSTITUTIONAL GIVING
- Total calculated
- $130,035
- From this org
- $109,200
- From related orgs
- $0
- Other
- $20,835
- Hours/week
- 40
-
Kenya MartinKENYA MARTIN
DIRECTOR OF ROADMAP FUNDRAISING
- Total calculated
- $131,266
- From this org
- $106,575
- From related orgs
- $0
- Other
- $24,691
- Hours/week
- 40
-
Sadie Stockdale JeffersonSADIE STOCKDALE JEFFERSON
EXECUTIVE DIRECTOR
- Total calculated
- $159,765
- From this org
- $134,033
- From related orgs
- $0
- Other
- $25,732
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $134,033
- Bonus
- $0
- Other
- $0
- Deferred
- $9,991
- Nontaxable benefits
- $15,741
- Filer's total
- $159,765
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
- 3 · Written employment contract
- 3 · Compensation survey or study
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
-
CHICAGO PUBLIC SCHOOLS
$2,327,546
PERSONNEL
-
CHICAGO PUBLIC SCHOOLS
$1,574,121
NON-PERSONNEL PROJECTS AND PROGRAMS
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
CHICAGO PUBLIC SCHOOLS
501(C)(1) · EDUCATION · IL
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202410939349301906
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