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Nonprofiteer
← THE JOHN CRERAR FOUNDATION

Form 990 for tax year 2023

Filed by THE JOHN CRERAR FOUNDATION.

Totals

Total revenue
$1,845
Total expenses
$36,307
Contributions and grants received
$0
Grants paid
$36,000
Program service revenue
$0
Investment income
$1,845
Other revenue
$0
Total assets, end of year
$886,603
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$886,603
Program services expenses (Part IX)
$36,000
Management and general expenses
$307
Fundraising expenses
$0
Program service expenses (Part III)
$36,000

Program services were 99.2% 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.

  • 3 · Investment income

    total $1,845 · excluded $1,845

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $36,000 · program services $36,000

  • 24a · Other expenses: FOREIGN TAXES

    total $292 · management and general $292

  • 24b · Other expenses: IL CHARITY BUREAU TRUST

    total $15 · management and general $15

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $36,702 · end of year $13,702

  • 11 · Investments: publicly traded securities

    beginning of year $725,114 · end of year $872,901

  • 29 · Capital stock, trust principal or current funds

    beginning of year $0 · end of year $0

  • 30 · Paid-in or capital surplus, or land, building or equipment fund

    beginning of year $0 · end of year $0

  • 31 · Retained earnings, endowment or other funds

    beginning of year $761,816 · end of year $886,603

Mission and programs · 2023

Mission

THE ORGANIZATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT TO THE JOHN CRERAR LIBRARY (THE "LIBRARY") IN THE FORM OF GRANTS MADE NOT LESS OFTEN THAN ANNUALLY. THE LIBRARY IS THE SCIENCE, MEDICINE AND TECHNOLOGY COMPONENT OF THE UNIVERSITY OF CHICAGO LIBRARY SYSTEM. VIRTUALLY ALL OF THE ORGANIZATION'S INCOME IS USED IN FURTHERANCE OF THIS MISSION.

Activities or mission (Part I)

THE ORGANIZATION'S MISSION IS TO PROVIDE FINANCIAL SUPPORT TO THE JOHN CRERAR LIBRARY (THE "LIBRARY") IN THE FORM OF GRANTS MADE NOT LESS OFTEN THAN ANNUALLY. THE LIBRARY IS THE SCIENCE, MEDICINE AND TECHNOLOGY COMPONENT OF THE LIBRARY SYSTEM AT THE UNIVERSITY OF CHICAGO. VIRTUALLY ALL OF THE ORGANIZATION'S INCOME IS USED IN FURTHERANCE OF THIS MISSION.

  • THIS GRANT WILL SUPPORT THE ONGOING CONSEVRATION OF THE HISTORIC CRERAR COLLECTION. THE WRITTEN MATERIALS HELD AT THE CRERAR LIBRARY ON THE UNIVERSITY OF CHICAGO CAMPUS INCLUDE CERTAIN BOOKS, PAMPHLETS AND OTHER PUBLICATIONS THAT WERE AMASSED OVER A PERIOD OF MANY YEARS, AND FORMED THE CORE OF THE COLLECTION WHEN THE CRERAR LIBRARY WAS RELOCATED TO THE UNIVERSITY OF CHICAGO. CONSERVATION WORK ON THE COLLECTION BEGAN IN 2018 WITH AN INITIATIVE DESIGNATED THE CRERAR HISTORICALLY IMPORTANT RESOURCES PROJECT (CHIRP). CHIRP REPRESENTS A COLLABORATION AMONG THE CRERAR LIBRARY, THE UNIVERSITY LIBRARY'S PRESERVATION DEPARTMENT AND THE UNIVERSITY LIBRARY'S CATALOGING TEAM. THIS WORK WAS DISRUPTED BY THE COVID-19 PANDEMIC, AND NOW HAS BEEN RESTARTED WITH AN IMMEDIATE FOCUS ON THE CRERAR PAMPHLET COLLECTION. FROM THE TOTAL GRANT OF $32,800, THE SUM OF $22,800 WILL BE USED FOR CONSERVATION. THE REMAINING $10,000 WILL BE ALLOCATED TO CATALOGING, TO EHANCE ACCESSIBILITY TO THE PAMPHLET COLLECTION.

    Expenses $32,800 · Grants $32,800

  • THIS GRANT TO THE LIBRARY PROVIDED SUPPORT FOR THE ANNUAL JOHN CRERAR FOUNDATION SCIENCE WRITING PRIZE PROGRAM.

    Expenses $3,200 · Grants $3,200

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Janice E Rodgers

    PRESIDENT & DIRECTOR

    Total calculated
    $0
    Hours/week
    1.5

  • Patrick J Bitterman

    SECRETARY,TREASURER & DIRE

    Total calculated
    $0
    Hours/week
    1.25

  • David Lowenthal

    DIRECTOR

    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

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.

Provenance

Return type
form_990
Tax year
2023
Filed
25 June 2024
IRS schema version
2023v5.0
Source object
202411779349301311

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