Civic Intelligence

Mather Foundation

990 • Fiscal year 2023 • EIN 20-1030638

Jan 01, 2023 to Dec 31, 2023 • Filed on Nov 15, 2024

1560 Sherman Avenue 1010Evanston, IL 60201

(847) 492-7500

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

32nd percentile

0.14x

Higher debt load relative to assets than 32% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Liabilities / Revenue

86th percentile

2.38x

Higher debt load relative to revenue than 86% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Net Margin

94th percentile

45%

Higher net margin than 94% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Top Officer Pay

87th percentile

$2,531,605

Higher top officer pay than 87% of similar nonprofits.

Top officer pay equals 5.7% of source-year revenue.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Source year 2023

Asset Growth

71st percentile

9.9%

Faster asset growth than 71% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Revenue Growth

31st percentile

-3.4%

Faster revenue growth than 31% of similar nonprofits.

2023 filings • 501(c)3 • $250M-$1B nonprofits • Annualized from 2022 to 2023

Assets

Up

$733,657,489

Up $66,305,037 (+9.9%) from 2022

Net Assets

Up

$628,407,855

Up $62,898,407 (+11%) from 2022

Liabilities

Up

$105,249,634

Up $3,406,630 (+3.3%) from 2022

Revenue

Down

$44,153,743

Down $1,560,386 (-3.4%) from 2022

Expenses

Down

$24,274,710

Down $897,578 (-3.6%) from 2022

Net Income

Down

$19,879,033

Down $662,808 (-3.2%) from 2022

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$1.0B$500M$0Assets 2010: $407,858,849Liabilities 2010: $33,510,369Net Assets 2010: $374,348,4802010Assets 2011: $396,884,032Liabilities 2011: $32,215,098Net Assets 2011: $364,668,9342011Assets 2012: $424,294,704Liabilities 2012: $28,498,758Net Assets 2012: $395,795,9462012Assets 2013: $440,004,395Liabilities 2013: $3,176,889Net Assets 2013: $436,827,5062013Assets 2014: $474,292,702Liabilities 2014: $190,577Net Assets 2014: $474,102,1252014Assets 2015: $461,725,443Liabilities 2015: $171,304Net Assets 2015: $461,554,1392015Assets 2016: $480,478,865Liabilities 2016: $77,808Net Assets 2016: $480,401,0572016Assets 2017: $523,448,738Liabilities 2017: $78,714Net Assets 2017: $523,370,0242017Assets 2018: $502,227,292Liabilities 2018: $2,021,765Net Assets 2018: $500,205,5272018Assets 2019: $550,650,423Liabilities 2019: $2,539,729Net Assets 2019: $548,110,6942019Assets 2020: $590,942,551Liabilities 2020: $2,888,248Net Assets 2020: $588,054,3032020Assets 2021: $740,767,702Liabilities 2021: $102,346,087Net Assets 2021: $638,421,6152021Assets 2022: $667,352,452Liabilities 2022: $101,843,004Net Assets 2022: $565,509,4482022Assets 2023: $733,657,489Liabilities 2023: $105,249,634Net Assets 2023: $628,407,8552023Assets 2024: $807,575,812Liabilities 2024: $110,472,031Net Assets 2024: $697,103,7812024

Highlighted filing

2023

Assets$733,657,489
Liabilities$105,249,634
Net Assets$628,407,855

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$80M$60M$40M$20M$0-$20MExpenses 2010: $15,558,7752010Expenses 2011: $15,944,8742011Expenses 2012: $17,534,0542012Revenue 2013: $40,354,253Expenses 2013: $16,620,877Net Income 2013: $23,733,3762013Revenue 2014: $53,558,640Expenses 2014: $13,570,132Net Income 2014: $39,988,5082014Revenue 2015: $26,883,203Expenses 2015: $15,732,604Net Income 2015: $11,150,5992015Revenue 2016: $32,680,543Expenses 2016: $22,006,420Net Income 2016: $10,674,1232016Revenue 2017: $44,952,969Expenses 2017: $29,652,782Net Income 2017: $15,300,1872017Revenue 2018: $27,377,521Expenses 2018: $22,286,129Net Income 2018: $5,091,3922018Revenue 2019: $48,757,996Expenses 2019: $29,075,095Net Income 2019: $19,682,9012019Revenue 2020: $29,645,522Expenses 2020: $26,914,395Net Income 2020: $2,731,1272020Revenue 2021: $59,866,357Expenses 2021: $64,731,163Net Income 2021: -$4,864,8062021Revenue 2022: $45,714,129Expenses 2022: $25,172,288Net Income 2022: $20,541,8412022Revenue 2023: $44,153,743Expenses 2023: $24,274,710Net Income 2023: $19,879,0332023Revenue 2024: $66,562,780Expenses 2024: $23,384,787Net Income 2024: $43,177,9932024

Highlighted filing

2023

Revenue$44,153,743
Expenses$24,274,710
Net Income$19,879,033
Jump To
Filing Snapshot
Filing Period
Jan 1, 2023 to Dec 31, 2023
Signed
Nov 15, 2024
Return Version
2023v5.1
Gross Receipts
$113,075,407
Mission and Program Overview

Mission

Mather foundation serves as the parent entity for the mather lifeways organization to hold, invest and preserve funds, which allows the organization to provide housing, health care, community programs, research and education and other services that enhance the lives of older adults by creating ways to age well.

Mather foundation serves as the parent entity for mather organizations (continued on schedule o) to hold, invest and preserve funds, and apply them for the charitablemission of creating ways to age well.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$258,794,437$294,154,048▲ $35,359,611
Investments Other Securities$264,721,172$283,642,784▲ $18,921,612
Other Notes and Loans Receivable, Net$88,096,822$90,064,454▲ $1,967,632
Savings and Temporary Cash Investments$14,245,047$7,701,831▼ $6,543,216
Prepaid Expenses and Deferred Charges$2,250$2,250→ $0
Land, Buildings, and Equipment, Net$0$0→ $0
Total Assets$667,352,452$733,657,489▲ $66,305,037
Other Assets Total$41,492,724$58,092,122▲ $16,599,398
Liabilities
Unsecured Notes Loans Payable$98,723,888$98,869,729▲ $145,841
Other Liabilities$2,392,299$5,502,299▲ $3,110,000
Accounts Payable and Accrued Expenses$726,817$877,606▲ $150,789
Deferred Revenue$0$0→ $0
Total Liabilities$101,843,004$105,249,634▲ $3,406,630
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$527,743,569$582,804,949▲ $55,061,380
Net Assets With Donor Restrictions$37,765,879$45,602,906▲ $7,837,027
Total Net Assets Fund Balance$565,509,448$628,407,855▲ $62,898,407
Total Liabilities and Net Assets / Fund Balance$667,352,452$733,657,489▲ $66,305,037

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$0--
Other Land Buildings$0--
Equipment$0--
Leasehold Improvements$0--
Other Assets Org$12,489,216--
Other Securities$43,900,531--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeOtherTotal
Mary SchoegglCFO - as of 10/2023PT$90,391$90,391

Board Members and Trustees

NameTitle
John R PhillipsChairman
Mary G LearyPresident & CEO
Gloria CastilloDirector
Graham W AtkinsonDirector
Jenny ChanDirector
Michael G McgeeDirector
Michelle L CollinsDirector
Paulette R DodsonDirector
Scott C SmithDirector
Sumati MurliDirector
Terence J TothDirector
Timothy L BurkeDirector
Jack ChandlerDirector - as of 02/2023
Carol L SussenbachCFO - Thru 04/2023
Julie RiggsSecretary
Christopher ManellaSVP Finance & Treasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Mercer Investment ManagementInvestment Consultant99 HIGH STREET, Boston, MA 02110$538,321
SilchesterFund Manager780 THIRD AVENUE 42ND FLOOR, New York, NY 10017$360,234
Northern TrustInvestment Manager50 S LASALLE STREET, Chicago, IL 60675$205,603
Aristotle Capital Management LLCFund Manager11100 SANTA MONICA BLVD, Los Angeles, CA 90025$193,584
William Blair CompanyFund Manager150 NORTH RIVERSIDE, Chicago, IL 60606$165,259
Revenue and Support

Revenue Composition

Contributions and Grants
$18,859,464
Program Service Revenue
$0
Investment Income
$25,294,279
Other Revenue
$0
Change in Net Assets
$19,879,033

Audited Revenue Reconciliation

Revenue per Audited Statements
$35,716,597
Revenue Not Reported on Financial Statements
$8,437,146
Revenue Not Reported on Form 990
$43,019,374
Other Revenue Adjustments
$5,133,104
Total Revenue per Audited Statements
$78,735,971
Total Revenue per Form 990
$44,153,743
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$17,292,429
Other Expenses$6,982,281
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$17,292,429--$17,292,429
Fees for Service Investment Mgmnt Fees-$3,304,042-$3,304,042
Interest-$2,820,841-$2,820,841
Other Expenses-$121,135-$121,135
Office Expenses-$35,500-$35,500
Total Functional Expenses$17,292,429$6,982,281$0$24,274,710

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$24,274,710
Expenses per Audited Statements$15,837,564
Total Expenses per Audited Statements$15,837,564
Expenses Not Reported on Financial Statements$8,437,146
Other Expense Adjustments$5,133,104
Expenses Not Reported on Form 990$0
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
MatherEvanston, IL501(c)(3)Mission Driven Programs$17,292,429

International Summary

Offices
0
Employees
0
Spending
$118,423,610

International Compliance

Activity in boycott countries
No
Foreign corporation ownership
Yes
Foreign partnership interest
Yes
Interest in foreign trust
No
Passive foreign investment company interest
Yes
Transfers to foreign corporations
Yes

International Activities

RegionActivityServicesOfficesEmployeesSpending
Central America and the CaribbeanInvestments-00$115,814,261
Europe (including Iceland & Greenland)Investments-00$2,609,349
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Mather Investments - Inter-entity Loan$5,502,299
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11B

Form 990 review process the form 990, and related schedules, were prepared by grant thornton advisors llc using information provided by management. The form 990, including schedules, was distributed to the members of the mather foundation audit committee of the board of directors. The committee met with management and reviewed the form 990. Subsequently, the form 990 was distributed to each director of mather foundation. All comments and questions were directed to the organization's chief financial officer.

Form 990, Part VI, Section B, Line 12C

Conflict of interest policy monitoring & enforcement annually all board members, officers and senior staff must disclose any interests that could give rise to conflicts. Any actual, potential, or apparent conflicts are referred to the ceo and president, the board chair, and chair of the governance committee, who take appropriate action, including discussing with the full board, when necessary.

Form 990, Part VI, Section B, Line 15

Process for determining compensation all compensation for officers/directors/key employees is paid by a related organization, mather. Mather foundation relied on mather to review this information for all compensation paid.

Form 990, Part VI, Section C, Line 19

How documents are made available to the public the organization's articles of incorporation, bylaws, conflict of interest policy, and audited financial statements are available upon request.

Filing and Contact Details

Filer

Filer Name
Mather Foundation
EIN
20-1030638
Phone
8474927500
Address
1560 SHERMAN AVENUE 1010, EVANSTON, IL 60201

Signing Officer

Name
Mary Schoeggl
Title
Chief Financial Officer
Phone
8474927500
Signed
2024-11-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Mary Schoeggl
Formed
2004
Legal Domicile
Il
Voting Board Members
13
Independent Board Members
12
Employees
0
Volunteers
12

Preparer

Firm
Grant Thornton Advisors LLC
Address
2501 E ENTERPRISE AVE SUITE 300, APPLETON, WI 54913
Preparer
Kelcey Leitl
Phone
9209686700
Supplemental Narrative

Financial Statement Notes

PART X, LINE 2:

Liability for uncertain tax positions mather foundation has received a favorable determination letter from the internal revenue service stating that it is exempt from federal income taxes under the provisions of section 501(c)(3) of the internal revenue code of 1986, as amended, except for income taxes pertaining to unrelated business income. The financial accounting standards board (fasb) issued guidance that requires tax effects from uncertain tax positions to be recognized in the financial statements only if the position is more likely than not to be sustained if the position were to be challenged by a taxing authority. Management has determined there are no material uncertain positions that require recognition in the financial statements. Additionally, no provision for income taxes is reflected in these consolidated financial statements. Mather foundation files tax returns in certain states; however, it does not file in every state. For all states where mather foundation has not filed a state return, all tax years remain open.

PART XI, LINE 4B - OTHER ADJUSTMENTS:

Book/tax difference: timing difference 5,133,104.

PART XII, LINE 4B - OTHER ADJUSTMENTS:

Book/tax difference: timing difference 5,133,104.

Raw XML AppendixShowing 400 of 806 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1341432
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1458483
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt1550115
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt163166
IRS990/Form990PartVIISectionAGrp/PersonNm0MARY G LEARY
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN R PHILLIPS
IRS990/Form990PartVIISectionAGrp/PersonNm2GRAHAM W ATKINSON
IRS990/Form990PartVIISectionAGrp/PersonNm3TIMOTHY L BURKE
IRS990/Form990PartVIISectionAGrp/PersonNm4GLORIA CASTILLO
IRS990/Form990PartVIISectionAGrp/PersonNm5JENNY CHAN
IRS990/Form990PartVIISectionAGrp/PersonNm6JACK CHANDLER
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHELLE L COLLINS
IRS990/Form990PartVIISectionAGrp/PersonNm8PAULETTE R DODSON
IRS990/Form990PartVIISectionAGrp/PersonNm9MICHAEL G MCGEE
IRS990/Form990PartVIISectionAGrp/PersonNm10SUMATI MURLI
IRS990/Form990PartVIISectionAGrp/PersonNm11SCOTT C SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm12TERENCE J TOTH
IRS990/Form990PartVIISectionAGrp/PersonNm13CAROL L SUSSENBACH
IRS990/Form990PartVIISectionAGrp/PersonNm14CHRISTOPHER MANELLA
IRS990/Form990PartVIISectionAGrp/PersonNm15JULIE RIGGS
IRS990/Form990PartVIISectionAGrp/PersonNm16MARY SCHOEGGL
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt02347083
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt80
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt90
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt100
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt110
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt120
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt13817872
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt14426583
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt15216965
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1687225
IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6DIRECTOR - AS OF 02/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13CFO - THRU 04/2023
IRS990/Form990PartVIISectionAGrp/TitleTxt14SVP FINANCE & TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt15SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt16CFO - AS OF 10/2023
IRS990/Form990ProvidedToGvrnBodyInd01
IRS990/Form990TFiledInd01
IRS990/FormationYr02004
IRS990/FormerOfcrEmployeesListedInd00
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd01
IRS990/FundraisingActivitiesInd00
IRS990/GainOrLossGrp/SecuritiesAmt09213808
IRS990/GamingActivitiesInd00
IRS990/GoverningBodyVotingMembersCnt013
IRS990/GrantAmt017292429
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt017292429
IRS990/GrantsToDomesticOrgsGrp/TotalAmt017292429
IRS990/GrantsToIndividualsInd00
IRS990/GrantsToOrganizationsInd01
IRS990/GrantToRelatedPersonInd00
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt078135472
IRS990/GrossReceiptsAmt0113075407
IRS990/GroupReturnForAffiliatesInd00
IRS990/IncludeFIN48FootnoteInd01
IRS990/IndependentAuditFinclStmtInd01
IRS990/IndependentVotingMemberCnt012
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd00
IRS990/InfoInScheduleOPartIIIInd0X
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InterestGrp/ManagementAndGeneralAmt02820841
IRS990/InterestGrp/TotalAmt02820841
IRS990/InvestmentIncomeGrp/ExclusionAmt016809052
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt016080471
IRS990/InvestmentIncomeGrp/UnrelatedBusinessRevenueAmt0-728581
IRS990/InvestmentInJointVentureInd00
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0264721172
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0283642784
IRS990/InvestmentsPubTradedSecGrp/BOYAmt0258794437
IRS990/InvestmentsPubTradedSecGrp/EOYAmt0294154048
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt00
IRS990/LandBldgEquipBasisNetGrp/BOYAmt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LandBldgEquipCostOrOtherBssAmt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt068921664
IRS990/LoanOutstandingInd00
IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd00
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0MATHER FOUNDATION SERVES AS THE PARENT ENTITY FOR THE MATHERORGANIZATIONS TO HOLD, INVEST AND PRESERVE FUNDS, WHICH ALLOWS THEORGANIZATIONS TO PROVIDE HOUSING, HEALTH CARE, COMMUNITY PROGRAMS,RESEARCH AND EDUCATION AND OTHER SERVICES (CONTINUED IN SCHEDULE O)THAT ENHANCE THE LIVES OF OLDER ADULTS BY CREATING WAYS TO AGE WELL.
IRS990/MoreThan5000KToIndividualsInd00
IRS990/MoreThan5000KToOrgInd00
IRS990/NetAssetsOrFundBalancesBOYAmt0565509448
IRS990/NetAssetsOrFundBalancesEOYAmt0628407855
IRS990/NetGainOrLossInvestmentsGrp/ExclusionAmt09040759
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt09213808
IRS990/NetGainOrLossInvestmentsGrp/UnrelatedBusinessRevenueAmt0173049
IRS990/NetUnrelatedBusTxblIncmAmt00
IRS990/NetUnrlzdGainsLossesInvstAmt043019374
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0527743569
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0582804949
IRS990/NondeductibleContributionsInd00
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt035500
IRS990/OfficeExpensesGrp/TotalAmt035500
IRS990/OfficerMailingAddressInd00
IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt041492724
IRS990/OtherAssetsTotalGrp/EOYAmt058092122
IRS990/OtherChangesInNetAssetsAmt00
IRS990/OtherExpensesGrp/Desc0CORPORATE SERVICES
IRS990/OtherExpensesGrp/Desc1UBI TAXES
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt0700763
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt1121135
IRS990/OtherExpensesGrp/TotalAmt0700763
IRS990/OtherExpensesGrp/TotalAmt1121135
IRS990/OtherLiabilitiesGrp/BOYAmt02392299
IRS990/OtherLiabilitiesGrp/EOYAmt05502299
IRS990/OthNotesLoansReceivableNetGrp/BOYAmt088096822
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt090064454
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02250
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02250
IRS990/PrincipalOfficerNm0MARY SCHOEGGL
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt021946383
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt017766960
IRS990/PYInvestmentIncomeAmt023767746
IRS990/PYOtherExpensesAmt07405328
IRS990/PYOtherRevenueAmt00
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt020541841
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt025172288
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt045714129
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt019879033
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd01
IRS990/RelatedOrganizationsAmt018859464
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd00
IRS990/ReportOtherAssetsInd01
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt014245047
IRS990/SavingsAndTempCashInvstGrp/EOYAmt07701831
IRS990ScheduleA/Form990SchASupportingOrgGrp/Contribution35ControlledInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionControllerInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ContributionFamilyInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ControlledDisqualifiedPrsnInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnControllIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/DisqualifiedPrsnOwnrIntInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ExcessBusinessHoldingsRulesInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/ListedByNameGoverningDocInd01
IRS990ScheduleA/Form990SchASupportingOrgGrp/LoanDisqualifiedPersonInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/OrganizationChangeSuprtOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/PaymentSubstantialContribtrInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgNotOrganizedUSInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportedOrgSectionC456Ind00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SupportNonSupportedOrgInd00
IRS990ScheduleA/Form990SchASupportingOrgGrp/SuprtOrgNoIRSDeterminationInd00
IRS990ScheduleA/Form990SchAType3FuncIntGrp/AppointElectMajorityOfficerInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ExerciseDirectionPoliciesInd01
IRS990ScheduleA/Form990SchAType3FuncIntGrp/ParentSupportedOrgInd0X
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/OfficersCloseRelationshipInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/SupportedOrgVoiceInvestmentInd01
IRS990ScheduleA/Form990SchAType3SprtOrgAllGrp/TimelyProvidedDocumentsInd01
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt0SIGNIFICANT VOICE IN INVESTMENT POLICIES SOME OF THE DIRECTORS AND OFFICERS OF EACH SUPPORTED ORGANIZATION ALSO SERVE ON THE BOARD OR ARE OFFICERS OF MATHER FOUNDATION. THEREFORE, EACH SUPPORTED ORGANIZATION HAS A VOICE IN MATHER FOUNDATION'S INVESTMENT POLICIES AND THE USE OF INCOME OR ASSETS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt1POWER TO APPOINT OR ELECT OFFICERS, DIRECTORS, OR TRUSTEES MATHER FOUNDATION IS THE PARENT AND SOLE MEMBER OF MATHER. MATHER IS THE PARENT AND SOLE MEMBER OF THE SUPPORTING ORGANIZATIONS INCLUDING THE MATHER EVANSTON, MATHER PLACE, MATHER INVESTMENTS, NFP, AND MATHER POSSIBILITIES. EACH PARENT ELECTS AND REMOVES THE DIRECTORS OF ITS CONTROLLED ENTITIES.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt2SUBSTANTIAL DEGREE OF DIRECTION MATHER FOUNDATION, AS THE PARENT OF MATHER WHICH IS THE PARENT OF THE SUPPORTED ORGANIZATIONS, HAS THE RIGHT TO APPROVE MAJOR DECISIONS OF ITS SUPPORTED ORGANIZATIONS.
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc0FORM 990, SCHEDULE A, PART IV, SECTION D, LINE 3
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc1FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 3A
IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc2FORM 990, SCHEDULE A, PART IV, SECTION E, LINE 3B
IRS990ScheduleA/OtherSupportSumAmt00
IRS990ScheduleA/SupportedOrganizationsCnt04
IRS990ScheduleA/SupportedOrganizationsTotalCnt04
IRS990ScheduleA/SupportedOrgInformationGrp/EIN0205860808
IRS990ScheduleA/SupportedOrgInformationGrp/EIN1363776145
IRS990ScheduleA/SupportedOrgInformationGrp/EIN2364266878
IRS990ScheduleA/SupportedOrgInformationGrp/EIN3362856851
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd01
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd11
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd21
IRS990ScheduleA/SupportedOrgInformationGrp/GoverningDocumentListedInd31
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd010
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd110
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd210
IRS990ScheduleA/SupportedOrgInformationGrp/OrganizationTypeCd37
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt00
IRS990ScheduleA/SupportedOrgInformationGrp/OtherSupportAmt10

Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$808$110$697$66.6$23.4$43.2
2023Detailed filing. Detailed filing data is available for this year.$734$105$628$44.2$24.3$19.9
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$667$102$566$45.7$25.2$20.5
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$741$102$638$59.9$64.7$4.86
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$591$2.89$588$29.6$26.9$2.73
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$551$2.54$548$48.8$29.1$19.7
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$502$2.02$500$27.4$22.3$5.09
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$523$0.08$523$45.0$29.7$15.3
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$480$0.08$480$32.7$22.0$10.7
2015Detailed filing. Detailed filing data is available for this year.$462$0.17$462$26.9$15.7$11.2
2014Detailed filing. Detailed filing data is available for this year.$474$0.19$474$53.6$13.6$40.0
2013Detailed filing. Detailed filing data is available for this year.$440$3.18$437$40.4$16.6$23.7
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$424$28.5$396$17.5
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$397$32.2$365$15.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$408$33.5$374$15.6