Form 990 for tax year 2022
Filed by CHICAGO WHITE SOX CHARITIES INC.
Totals
- Total revenue
- $3,406,117
- Total expenses
- $2,117,963
- Contributions and grants received
- $1,790,246
- Grants paid
- $1,350,819
- Program service revenue
- $0
- Investment income
- $39,462
- Other revenue
- $1,576,409
- Total assets, end of year
- $6,036,118
- Total liabilities, end of year
- $96,251
- Net assets or fund balances, end of year
- $5,939,867
- Program services expenses (Part IX)
- $1,915,396
- Management and general expenses
- $202,567
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,915,396
Program services were 90.4% 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.
-
1c · Fundraising events
$284,156
-
1d · Related organizations
$558,375
-
1f · All other contributions, gifts and grants
$947,715
-
1g · Noncash contributions included above
$569,167
-
2f · All other program service revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
3 · Investment income
total $39,462 · excluded $39,462
-
6c · Rental income or loss
real property $0 · personal property $0
-
7a · Gross sales of assets other than inventory
securities $9,642
-
7b · Less cost or other basis and sales expenses
securities $9,642
-
7c · Gain or loss
securities $0 · other assets $0
-
8a · Fundraising events: gross income
$804,566
-
8a · Fundraising events: contributions included on line 1c
$284,156
-
8b · Fundraising events: direct expenses
$550,890
-
8c · Net income from fundraising events
total $253,676 · excluded $253,676
-
9a · Gaming: gross income
$2,135,485
-
9b · Gaming: direct expenses
$887,581
-
9c · Net income from gaming
total $1,247,904 · unrelated business $1,247,904
-
10a · Gross sales of inventory
$617,328
-
10b · Cost of goods sold
$542,499
-
10c · Net income from sales of inventory
total $74,829 · excluded $74,829
-
11d · All other revenue
total $0 · related or exempt $0 · unrelated business $0 · excluded $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,350,819 · program services $1,350,819
-
7 · Other salaries and wages
total $195,162 · program services $195,162
-
11c · Fees: accounting
total $57,678 · management and general $57,678
-
11g · Fees: other
total $0 · program services $0 · management and general $0 · fundraising $0
-
13 · Office expenses
total $7,723 · management and general $7,723
-
24a · Other expenses: Youth Baseball Programs
total $369,415 · program services $369,415
-
24b · Other expenses: CREDIT CARD FEES
total $75,769 · management and general $75,769
-
24c · Other expenses: POSTAGE EXPENSE
total $51,711 · management and general $51,711
-
24d · Other expenses: MISCELLANEOUS EXPENSES
total $6,584 · management and general $6,584
-
24e · All other expenses
total $3,102 · program services $0 · management and general $3,102 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $1,379,047 · end of year $777,750
-
2 · Savings and temporary cash investments
beginning of year $2,384,831 · end of year $4,024,291
-
3 · Pledges and grants receivable
beginning of year $695,306 · end of year $1,003,126
-
4 · Accounts receivable
beginning of year $303,889 · end of year $221,990
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
8 · Inventories for sale or use
beginning of year $4,335 · end of year $4,335
-
9 · Prepaid expenses and deferred charges
beginning of year $11,475 · end of year $4,626
-
10a · Land, buildings and equipment: cost or other basis
$0
-
10b · Land, buildings and equipment: accumulated depreciation
$0
-
10c · Land, buildings and equipment, net
end of year $0
-
12 · Investments: other securities
beginning of year $0
-
13 · Investments: program-related
beginning of year $0
-
15 · Other assets
beginning of year $0 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $107,489 · end of year $25,647
-
18 · Grants payable
beginning of year $19,681
-
19 · Deferred revenue
end of year $70,604
-
22 · Loans and payables to officers and key people
end of year $0
-
25 · Other liabilities
beginning of year $0 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year $3,956,407 · end of year $4,936,741
-
28 · Net assets with donor restrictions
beginning of year $695,306 · end of year $1,003,126
Mission and programs · 2022
Mission
CHICAGO WHITE SOX CHARITIES ("CWSC") PROVIDES FINANCIAL AND EMOTIONAL SUPPORT TO CHICAGO-BASED ORGANIZATIONS, INCLUDING THOSE LEADING THE FIGHT AGAINST CANCER, DEDICATED TO IMPROVING THE LIVES OF YOUTH THROUGH RECREATION AND EDUCATION, AND THOSE OFFERING SUPPORT TO CHILDREN AND FAMILIES IN CRISIS. WITH THE GENEROUS SUPPORT OF WHITE SOX FANS, FRIENDS, AND SPONSORS, CHICAGO WHITE SOX CHARITIES, INC. HAS DONATED MILLIONS SINCE ITS INCEPTION, STRIVING TO IMPROVE THE QUALITY OF LIFE FOR CHICAGOANS OF ALL AGES, RACES AND GENDERS.
Activities or mission (Part I)
To provide financial and emotional support to Chicago-based organizations.
-
PROVIDE FINANCIAL ASSISTANCE TO SUPPORT COMMUNITY BASED PROGRAMS FOCUSING ON CANCER RESEARCH AND TREATMENT, HEALTH AND WELLNESS FOR CHILDREN AND FAMILIES IN CRISIS AND YOUTH EDUCATION IN ACCORDANCE WITH CWSC'S 501C3 STATUS. CWSC SOLICITS CONTRIBUTIONS THROUGHOUT THE YEAR BY HOSTING FUNDRAISING EVENTS AND PROGRAMS INCLUDING AUCTIONS OF MEMORABILIA, RAFFLES HELD AT CHICAGO WHITE SOX HOME GAMES AND GENERAL PUBLIC CONTRIBUTIONS.
Expenses $1,350,819 · Grants $1,350,819
-
EXECUTE A HIGHLY COMPETITIVE TRAVEL BASEBALL PROGRAM FOR INNER CITY YOUTH AGES 12-17. YOUTH PARTICIPATE IN BASEBALL DEVELOPMENT, ACADEMIC SUPPORT AND ARE ENTERED INTO TOP TIER BASEBALL TOURNAMENTS.
Expenses $564,577
As filed on the 2022 return.
Listed in Part VII
-
Howard PizerHOWARD PIZER
DIRECTOR, SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Scott ReifertSCOTT REIFERT
DIRECTOR, PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Timothy BuzardTIMOTHY BUZARD
DIRECTOR, TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Brooks BoyerBROOKS BOYER
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Jerry ReinsdorfJERRY REINSDORF
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Ken WilliamsKEN WILLIAMS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Terry SavariseTERRY SAVARISE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 1
-
Christine O'ReillyCHRISTINE O'REILLY
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 12
-
William WatersWILLIAM WATERS
OFFICER
- Total calculated
- $0
- Hours/week
- 1
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.
Grants on this return
-
$430,000
Donation to fund the McCormick Foundation Community Fund
-
$250,000
Chicago Sports Alliance Fund
-
$100,000
Funds to support the efforts to academic excellence for Chicago area youth
-
$75,000
General Support
-
Funds to support Lurie comprehensive cancer center
-
$41,000
General Support
-
$40,000
General Support
-
$40,000
General Support
-
$25,000
General Support
-
Greater Chicago Food Depository
$25,000
Grant to support healthy student food markets
The 10 largest by cash amount. The API serves every itemized grant.
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Related partnerships
Part III: related organizations taxable as a partnership, with the filer's share.
-
CHICAGO WHITE SOX LTD - 36-3106589
N/A · PROFESSIONAL SPORTS · IL
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 15 November 2023
- IRS schema version
- 2022v5.0
- Source object
- 202343189349317554
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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