Totals
- Total revenue
- $3,209,807
- Total expenses
- $2,235,920
- Contributions and grants received
- $2,458,534
- Grants paid
- $1,661,188
- Program service revenue
- $47,927
- Investment income
- $231,215
- Other revenue
- $472,131
- Total assets, end of year
- $10,671,109
- Total liabilities, end of year
- $648,319
- Net assets or fund balances, end of year
- $10,022,790
- Program services expenses (Part IX)
- $2,062,272
- Management and general expenses
- $173,648
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $2,062,272
Program services were 92.2% 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.
-
1f · All other contributions, gifts and grants
$2,458,534
-
2a · Program service revenue: Participation Fees
total $47,447 · unrelated business $0 · excluded $0
-
2b · Program service revenue: Internal Service Fees
total $480 · unrelated business $0 · excluded $0
-
3 · Investment income
total $172,541 · unrelated business $0 · excluded $0
-
7a · Gross sales of assets other than inventory
securities $1,942,921
-
7b · Less cost or other basis and sales expenses
securities $1,884,247
-
7c · Gain or loss
securities $58,674
-
7d · Net gain or loss
total $58,674 · related or exempt $58,674 · unrelated business $0 · excluded $0
-
8a · Fundraising events: gross income
$708,825
-
8a · Fundraising events: contributions included on line 1c
$0
-
8b · Fundraising events: direct expenses
$236,694
-
8c · Net income from fundraising events
total $472,131 · unrelated business $0 · excluded $472,131
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,608,132 · program services $1,608,132
-
2 · Grants to domestic individuals
total $53,056 · program services $53,056
-
5 · Compensation of officers, directors and key employees
total $37,500 · program services $27,500 · management and general $10,000 · fundraising $0
-
11a · Fees: management
total $161,557 · program services $161,557 · management and general $0 · fundraising $0
-
11b · Fees: legal
total $6,800 · program services $0 · management and general $6,800 · fundraising $0
-
11c · Fees: accounting
total $135,295 · program services $0 · management and general $135,295 · fundraising $0
-
11f · Fees: investment management
total $79,778 · program services $79,778 · management and general $0 · fundraising $0
-
11g · Fees: other
total $17,019 · program services $17,019 · management and general $0 · fundraising $0
-
13 · Office expenses
total $14,870 · program services $0 · management and general $14,870 · fundraising $0
-
14 · Information technology
total $70,156 · program services $70,156 · management and general $0 · fundraising $0
-
17 · Travel
total $14,660 · program services $14,660 · management and general $0 · fundraising $0
-
19 · Conferences, conventions and meetings
total $10,328 · program services $10,328 · management and general $0 · fundraising $0
-
22 · Depreciation, depletion and amortization
total $4,264 · program services $0 · management and general $4,264 · fundraising $0
-
23 · Insurance
total $2,419 · program services $0 · management and general $2,419 · fundraising $0
-
24a · Other expenses: Printing & Postage
total $11,099 · program services $11,099 · management and general $0 · fundraising $0
-
24b · Other expenses: Other Expense
total $8,987 · program services $8,987 · management and general $0 · fundraising $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $837,596 · end of year $1,507,064
-
3 · Pledges and grants receivable
beginning of year $804,681 · end of year $537,500
-
9 · Prepaid expenses and deferred charges
beginning of year $95,997 · end of year $112,442
-
10a · Land, buildings and equipment: cost or other basis
$21,320
-
10b · Land, buildings and equipment: accumulated depreciation
$19,898
-
10c · Land, buildings and equipment, net
beginning of year $5,685 · end of year $1,422
-
15 · Other assets
beginning of year $7,727,159 · end of year $8,512,681
-
17 · Accounts payable and accrued expenses
beginning of year $1,167,073 · end of year $616,106
-
19 · Deferred revenue
beginning of year $6,270 · end of year $31,100
-
25 · Other liabilities
beginning of year $9,225 · end of year $1,113
-
27 · Net assets without donor restrictions
beginning of year $561,391 · end of year -$568,719
-
28 · Net assets with donor restrictions
beginning of year $7,727,159 · end of year $10,591,509
Mission and programs · 2023
Mission
The mission of Chicago State Foundation is to advance the interest and welfare of CSU by building relationships, securing philanthropic support, stewarding assets and otherwise procuring private support on behalf of the University. Working in concert with the President of CSU, Chicago State Foundation helps to identify strategic priorities, raise public awareness for the University and secure private support to create new opportunities for students.
-
The mission of the Foundation is to provide support to students, faculty and programs of Chicago State University.
Expenses $2,062,272 · Grants $1,661,188 · Revenue $47,927
As filed on the 2023 return.
Listed in Part VII
-
John C Robak
Board Chair
- Total calculated
- $0
- Hours/week
- 2
-
Lafayette Kyle Ford
Board Vice Chair
- Total calculated
- $0
- Hours/week
- 2
-
Leslie Anderson Ruthland
Board Treasurer
- Total calculated
- $0
- Hours/week
- 2
-
Joseph A Cancila Jr
Board Secretary
- Total calculated
- $0
- Hours/week
- 2
-
Erin Inman
Member at Large
- Total calculated
- $0
- Hours/week
- 2
-
Yemi Akisanya
Director
- Total calculated
- $0
- Hours/week
- 2
-
Andre Baker
Director
- Total calculated
- $0
- Hours/week
- 2
-
Dorothy Capers
Director
- Total calculated
- $0
- Hours/week
- 2
-
Spring Capers
Director
- Total calculated
- $0
- Hours/week
- 2
-
Donna Coaxum
Director
- Total calculated
- $0
- Hours/week
- 2
-
Eric Dushime
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kristin Finney-Cooke
Director
- Total calculated
- $0
- Hours/week
- 2
-
Kimberly Evans
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jeanne M Gills
Director
- Total calculated
- $0
- Hours/week
- 2
-
Michael T Harris
Director
- Total calculated
- $0
- Hours/week
- 2
-
Nick Hnatiw
Director
- Total calculated
- $0
- Hours/week
- 2
-
Katrina Jackson
Director
- Total calculated
- $0
- Hours/week
- 2
-
Jason Mercer
Director
- Total calculated
- $0
- Hours/week
- 2
-
Peggy Montes
Director
- Total calculated
- $0
- Hours/week
- 2
-
Zaldwaynaka Scott
Director
- Total calculated
- $0
- Hours/week
- 2
-
Melanie Sillas
Executive Director (Ex-Officio Member)
- Total calculated
- $37,500
- From this org
- $0
- From related orgs
- $0
- Other
- $37,500
- Hours/week
- 50
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
-
$1,608,132
Provide scholarships and other assistance to students.
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 State University
Governmental org · Provide educational services · IL
Directly controlled by NA
Provenance
- Return type
- form_990
- Tax year
- 2023
- Filed
- 27 March 2024
- IRS schema version
- 2023v6.0
- Source object
- 202521359349316352
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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