Civic Intelligence

Kankakee Community College Foundation

990 • Fiscal year 2020 • EIN 26-2126437

Jul 01, 2019 to Jun 30, 2020 • Filed on Jan 29, 2021

Organization ProfileWWW.KCC.EDU/FOUNDATION
100 College DriveKankakee, IL 60901

(815) 802-8100

Siviq Scores

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

Liabilities / Assets

15th percentile

0.01x

Higher debt load relative to assets than 15% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

16th percentile

0.03x

Higher debt load relative to revenue than 16% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

45th percentile

2.7%

Higher net margin than 45% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

11th percentile

-6.2%

Faster asset growth than 11% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

23rd percentile

-15%

Faster revenue growth than 23% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets15th percentile

Assets

Down

$8,593,324

Down $565,700 (-6.2%) from 2019

Net Assets

Down

$8,537,394

Down $545,923 (-6.0%) from 2019

Liabilities

Down

$55,930

Down $19,777 (-26%) from 2019

Revenue And Expenses
Liabilities / Revenue16th percentileNet Margin45th percentile

Revenue

Down

$1,990,524

Down $350,732 (-15%) from 2019

Expenses

Up

$1,936,964

Up $1,545,645 (+395%) from 2019

Net Income

Down

$53,560

Down $1,896,377 (-97%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth11th percentile

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

$15M$10M$5.0M$0Assets 2017: $6,845,275Liabilities 2017: $127,627Net Assets 2017: $6,717,6482017Assets 2018: $7,530,447Liabilities 2018: $111,154Net Assets 2018: $7,419,2932018Assets 2019: $9,159,024Liabilities 2019: $75,707Net Assets 2019: $9,083,3172019Assets 2020: $8,593,324Liabilities 2020: $55,930Net Assets 2020: $8,537,3942020Assets 2021: $10,799,723Liabilities 2021: $285,111Net Assets 2021: $10,514,6122021Assets 2022: $9,818,993Liabilities 2022: $291,637Net Assets 2022: $9,527,3562022Assets 2023: $10,080,573Liabilities 2023: $193,928Net Assets 2023: $9,886,6452023Assets 2024: $11,188,829Liabilities 2024: $142,420Net Assets 2024: $11,046,4092024Assets 2025: $12,029,695Liabilities 2025: $44,666Net Assets 2025: $11,985,0292025

Highlighted filing

2020

Assets$8,593,324
Liabilities$55,930
Net Assets$8,537,394
Open 2020 Filing

Operations Trend

Revenue Growth23rd percentile

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

$3.0M$2.0M$1.0M$0-$1.0MRevenue 2017: $826,487Expenses 2017: $687,828Net Income 2017: $138,6592017Revenue 2018: $909,374Expenses 2018: $430,995Net Income 2018: $478,3792018Revenue 2019: $2,341,256Expenses 2019: $391,319Net Income 2019: $1,949,9372019Revenue 2020: $1,990,524Expenses 2020: $1,936,964Net Income 2020: $53,5602020Revenue 2021: $939,729Expenses 2021: $599,070Net Income 2021: $340,6592021Revenue 2022: $864,240Expenses 2022: $264,055Net Income 2022: $600,1852022Revenue 2023: $576,926Expenses 2023: $892,989Net Income 2023: -$316,0632023Revenue 2024: $1,636,785Expenses 2024: $777,203Net Income 2024: $859,5822024Revenue 2025: $957,750Expenses 2025: $582,641Net Income 2025: $375,1092025

Highlighted filing

2020

Revenue$1,990,524
Expenses$1,936,964
Net Income$53,560
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Jul 1, 2019 to Jun 30, 2020
Signed
Jan 29, 2021
Return Version
2019v5.0
Gross Receipts
$5,372,439
Mission and Program Overview

Mission

Scholarships and financial assistance to promote educational opportunities at kankakee community college

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$7,675,253$7,460,957▼ $214,296
Savings and Temporary Cash Investments$972,216$729,557▼ $242,659
Investments Other Securities$499,971$395,678▼ $104,293
Prepaid Expenses and Deferred Charges$2,631$2,981▲ $350
Pledges and Grants Receivable$653--
Total Assets$9,159,024$8,593,324▼ $565,700
Other Assets Total$8,300$4,151▼ $4,149
Liabilities
Other Liabilities$74,007$55,724▼ $18,283
Accounts Payable and Accrued Expenses$1,700$206▼ $1,494
Total Liabilities$75,707$55,930▼ $19,777
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,599,719$7,152,102▼ $1,447,617
Net Assets Without Donor Restrictions$483,598$1,385,292▲ $901,694
Total Net Assets Fund Balance$9,083,317$8,537,394▼ $545,923
Total Liabilities and Net Assets / Fund Balance$9,159,024$8,593,324▼ $565,700

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$8,599,719$386,845▼ $275,749$1,558,713$7,152,102
2018$7,114,283$1,634,111▲ $58,015$206,690$8,599,719
2017$6,441,238$509,560▲ $428,493$265,008$7,114,283
2016$6,179,338$220,136▲ $483,967$442,203$6,441,238
2015$6,408,634$301,850▼ $177,784$353,362$6,179,338
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Steve SmithChairman
Dr Michael BoydPresident of
Maggie FroggeVice-chairwo
Barb DeckerDirector
Dr Kay GreenDirector
Jeff BennettDirector
Jeff HammesDirector
Jimmy JoinesDirector
John KeigherDirector
Lisa DuganDirector
Maureen PowellDirector
Michael LynchDirector
Michael MaloneyDirector
Patt ViltDirector
Robert De OliveiraDirector
Rod BurkettDirector
Scott FrancoDirector
Walter Hasselbring IiiDirector
Brad HoveCollege Boar
Mark SmithTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$1,495,313
Program Service Revenue
$0
Investment Income
$495,211
Other Revenue
$0
All Other Contributions
$1,495,313
Change in Net Assets
$53,560

Audited Revenue Reconciliation

Revenue per Audited Statements
$1,945,560
Revenue Not Reported on Financial Statements
$44,964
Revenue Not Reported on Form 990
$-443,846
Total Revenue per Audited Statements
$1,501,714
Total Revenue per Form 990
$1,990,524
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$1,814,410
Other Expenses$122,554
Total Fundraising Expense$39,486
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$1,489,096--$1,489,096
Grants to Domestic Individuals$325,314--$325,314
Fees for Service Investment Mgmnt Fees$44,964--$44,964
Fees for Services Accounting-$6,715-$6,715
Other Expenses-$4,948$38,236$4,948
Insurance-$2,663-$2,663
All Other Expenses-$1,052$1,250$2,302
Office Expenses-$425-$425
Total Functional Expenses$1,859,374$38,104$39,486$1,936,964

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$2,047,637
Total Expenses per Form 990$1,936,964
Expenses per Audited Statements$1,892,000
Expenses Not Reported on Form 990$155,637
Expenses Not Reported on Financial Statements$44,964
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Special ProjectsKankakee, IL-Program & Campus Imp$1,489,096
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
Due to Kcc$55,724
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
Yes
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, Page 6, Part VI, Line 11B

“Form 990 is reviewed by the foundation's executive director and the finance department of kankakee community college before submission to the officers of the foundation. The officers then review and sign the return.”

Form 990, Page 6, Part VI, Line 12C

“Board members are requested to complete a conflict of interest statement annually.”

Form 990, Page 6, Part VI, Line 19

“Governing documents are available upon request at the offices of kankakee community college district 520.”

Filing and Contact Details

Filer

Filer Name
Kankakee Comm Coll Foundation Inc
EIN
26-2126437
Phone
8158028100
Address
100 COLLEGE DRIVE, KANKAKEE, IL 60901

Signing Officer

Name
Maggie Frogge
Title
Vice-chairwoman
Phone
8158028100
Signed
2021-01-29
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steve Smith
Formed
2008
Legal Domicile
Il
Voting Board Members
20
Independent Board Members
20
Employees
0
Volunteers
28

Preparer

Firm
Groskreutz Abraham Eshleman Gerretse LLC
Address
1949 W COURT ST, KANKAKEE, IL 60901
Preparer
Dale L Gerretse
Phone
8159337781
Raw XML AppendixShowing 400 of 524 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.

Path#Value
IRS990/AccountantCompileOrReviewInd0true
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt01700
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0206
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO PROMOTE EDUCATIONAL OPPORTUNITIES AT KANKAKEE COMMUNITY COLLEGE
IRS990/AllOtherContributionsAmt01495313
IRS990/AllOtherExpensesGrp/FundraisingAmt01250
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt01052
IRS990/AllOtherExpensesGrp/TotalAmt02302
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BooksInCareOfDetail/PersonNm0SARAH PETERS DIRECTOR OF FINANCIAL
IRS990/BooksInCareOfDetail/PhoneNum08158028142
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0100 COLLEGE DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0KANKAKEE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060901
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CollectionsOfArtInd0false
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt01495313
IRS990/CYGrantsAndSimilarPaidAmt01814410
IRS990/CYInvestmentIncomeAmt0495211
IRS990/CYOtherExpensesAmt0122554
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt053560
IRS990/CYSalariesCompEmpBnftPaidAmt00
IRS990/CYTotalExpensesAmt01936964
IRS990/CYTotalFundraisingExpenseAmt039486
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01990524
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/Desc0SCHOLARSHIPS AND FINANCIAL ASSISTANCE PROVIDED TO STUDENTS AND EXPENSES PAID TO THIRD PARTIES ON BEHALF OF STUDENTS
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0false
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRestrictionNetAssetsGrp/BOYAmt08599719
IRS990/DonorRestrictionNetAssetsGrp/EOYAmt07152102
IRS990/DonorRstrOrQuasiEndowmentsInd0true
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/ExpenseAmt0370278
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt06715
IRS990/FeesForServicesAccountingGrp/TotalAmt06715
IRS990/FeesForSrvcInvstMgmntFeesGrp/ProgramServicesAmt044964
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt044964
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt81.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt91.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt101.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt111.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt121.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt131.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt141.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt152.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt162.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt171.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd4X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd5X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd6X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd7X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd8X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd9X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd10X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd11X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd12X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd13X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd14X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd15X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd16X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd17X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd18X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd19X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd2X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt00
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt10
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt20
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt30
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt40
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt50
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt60
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt70
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt80
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt90
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt100
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt110
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt120
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt130
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt140
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt150
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt160
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt170
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt180
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt190
IRS990/Form990PartVIISectionAGrp/PersonNm0JEFF BENNETT
IRS990/Form990PartVIISectionAGrp/PersonNm1DR MICHAEL BOYD
IRS990/Form990PartVIISectionAGrp/PersonNm2ROD BURKETT
IRS990/Form990PartVIISectionAGrp/PersonNm3BARB DECKER
IRS990/Form990PartVIISectionAGrp/PersonNm4LISA DUGAN
IRS990/Form990PartVIISectionAGrp/PersonNm5SCOTT FRANCO
IRS990/Form990PartVIISectionAGrp/PersonNm6MAGGIE FROGGE
IRS990/Form990PartVIISectionAGrp/PersonNm7DR KAY GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm8JEFF HAMMES
IRS990/Form990PartVIISectionAGrp/PersonNm9BRAD HOVE
IRS990/Form990PartVIISectionAGrp/PersonNm10WALTER HASSELBRING III
IRS990/Form990PartVIISectionAGrp/PersonNm11JIMMY JOINES
IRS990/Form990PartVIISectionAGrp/PersonNm12JOHN KEIGHER
IRS990/Form990PartVIISectionAGrp/PersonNm13MICHAEL LYNCH
IRS990/Form990PartVIISectionAGrp/PersonNm14MICHAEL MALONEY
IRS990/Form990PartVIISectionAGrp/PersonNm15ROBERT DE OLIVEIRA
IRS990/Form990PartVIISectionAGrp/PersonNm16MAUREEN POWELL
IRS990/Form990PartVIISectionAGrp/PersonNm17MARK SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm18STEVE SMITH
IRS990/Form990PartVIISectionAGrp/PersonNm19PATT VILT
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/ReportableCompFromOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt190
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt00
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/ReportableCompFromRltdOrgAmt130
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt140
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt150
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt160
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt170
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt180
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt190
IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT OF
IRS990/Form990PartVIISectionAGrp/TitleTxt2DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6VICE-CHAIRWO
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9COLLEGE BOAR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt18CHAIRMAN
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990ProvidedToGvrnBodyInd0false
IRS990/FormationYr02008
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolAndSepBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GainOrLossGrp/SecuritiesAmt0251106
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt020
IRS990/GrantAmt0325314
IRS990/GrantsToDomesticIndividualsGrp/ProgramServicesAmt0325314
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt0325314
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt01489096
IRS990/GrantsToDomesticOrgsGrp/TotalAmt01489096
IRS990/GrantsToIndividualsInd0true
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossAmountSalesAssetsGrp/SecuritiesAmt03633021
IRS990/GrossReceiptsAmt05372439
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0false
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt020
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InsuranceGrp/ManagementAndGeneralAmt02663
IRS990/InsuranceGrp/TotalAmt02663
IRS990/InvestmentIncomeGrp/RelatedOrExemptFuncIncomeAmt0244105
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt0244105
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt0499971
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt0395678
IRS990/InvestmentsPubTradedSecGrp/BOYAmt07675253
IRS990/InvestmentsPubTradedSecGrp/EOYAmt07460957
IRS990/IRPDocumentCnt00
IRS990/IRPDocumentW2GCnt00
IRS990/LegalDomicileStateCd0IL
IRS990/LessCostOthBasisSalesExpnssGrp/SecuritiesAmt03381915
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0SCHOLARSHIPS AND FINANCIAL ASSISTANCE TO PROMOTE EDUCATIONAL OPPORTUNITIES AT KANKAKEE COMMUNITY COLLEGE
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt09083317
IRS990/NetAssetsOrFundBalancesEOYAmt08537394
IRS990/NetGainOrLossInvestmentsGrp/RelatedOrExemptFuncIncomeAmt0251106
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt0251106
IRS990/NetUnrlzdGainsLossesInvstAmt0-599483
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0483598
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt01385292
IRS990/NoListedPersonsCompensatedInd0X
IRS990/NoncashContributionsAmt0425
IRS990/NondeductibleContributionsInd0false
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt0425
IRS990/OfficeExpensesGrp/TotalAmt0425
IRS990/OfficerMailingAddressInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt08300
IRS990/OtherAssetsTotalGrp/EOYAmt04151
IRS990/OtherExpensesGrp/Desc0CONTRACTUAL
IRS990/OtherExpensesGrp/Desc1DONOR CULTIVATION
IRS990/OtherExpensesGrp/Desc2CONTINUING EDUCATION
IRS990/OtherExpensesGrp/Desc3ALUMNI EVENTS
IRS990/OtherExpensesGrp/FundraisingAmt038236
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt016909
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt15392
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt24948
IRS990/OtherExpensesGrp/TotalAmt038236
IRS990/OtherExpensesGrp/TotalAmt116909
IRS990/OtherExpensesGrp/TotalAmt25392
IRS990/OtherExpensesGrp/TotalAmt34948
IRS990/OtherLiabilitiesGrp/BOYAmt074007
IRS990/OtherLiabilitiesGrp/EOYAmt055724
IRS990/PartialLiquidationInd0false
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt0653
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt02631
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt02981
IRS990/PrincipalOfficerNm0STEVE SMITH
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgSrvcAccomActy2Grp/Desc0ESTABLISH LEGACY GIFTS THAT PERPETUATE QUALITY EDUCATION FOR FUTURE GENERATIONS
IRS990/ProgSrvcAccomActy2Grp/ExpenseAmt01489096
IRS990/ProgSrvcAccomActy2Grp/GrantAmt01489096
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt01831016
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt0221526
IRS990/PYInvestmentIncomeAmt0510194
IRS990/PYOtherExpensesAmt0169793
IRS990/PYOtherRevenueAmt046
IRS990/PYRevenuesLessExpensesAmt01949937
IRS990/PYTotalExpensesAmt0391319
IRS990/PYTotalRevenueAmt02341256
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReconcilationRevenueExpnssAmt053560
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0true
IRS990/ReportProgramRelatedInvstInd0false
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0972216
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0729557
IRS990ScheduleA/CollegeOrganizationInd0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt01495313
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt01831016
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0558672
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0469524
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt0402902
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt04757427
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus1YearAmt0210355
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus2YearsAmt0162918
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus3YearsAmt0133784
IRS990ScheduleA/GrossInvestmentIncome170Grp/CurrentTaxYearMinus4YearsAmt0159708
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt0666765
IRS990ScheduleA/GrossReceiptsRltdActivitiesAmt0617880
IRS990ScheduleA/PublicSupportCY170Pct00.87710
IRS990ScheduleA/PublicSupportPY170Pct00.82550
IRS990ScheduleA/PublicSupportTotal170Amt04757427
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind0X
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt01495313
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt01831016
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0558672
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0469524
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt0402902
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt04757427
IRS990ScheduleA/TotalSupportAmt05424192
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt08599719
IRS990ScheduleD/CYEndwmtFundGrp/ContributionsAmt0386845
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt07152102
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-275749
IRS990ScheduleD/CYEndwmtFundGrp/OtherExpendituresAmt01558713
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt07114283
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/ContributionsAmt01634111
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt08599719
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt058015
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/OtherExpendituresAmt0206690
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt06441238
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/ContributionsAmt0509560
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt07114283
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0428493
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/OtherExpendituresAmt0265008
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt06179338
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/ContributionsAmt0220136
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt06441238
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0483967
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/OtherExpendituresAmt0442203
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt06408634
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/ContributionsAmt0301850
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt06179338
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-177784
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/OtherExpendituresAmt0353362
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0155637
IRS990ScheduleD/DonatedServicesUseFcltsAmt0155637
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd0false
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd0false
IRS990ScheduleD/ExpensesNotReportedAmt0155637
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt044964
IRS990ScheduleD/ExpensesSubtotalAmt01892000
IRS990ScheduleD/InvestmentExpensesNotIncld2Amt044964
IRS990ScheduleD/InvestmentExpensesNotIncldAmt044964
IRS990ScheduleD/NetUnrealizedGainsInvstAmt0-599483
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt055724
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0DUE TO KCC
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct00.83770
IRS990ScheduleD/RevenueNotReportedAmt0-443846
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt044964
IRS990ScheduleD/RevenueSubtotalAmt01945560
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.16230
IRS990ScheduleD/TotalExpensesPerForm990Amt01936964
IRS990ScheduleD/TotalLiabilityAmt055724
IRS990ScheduleD/TotalRevenuePerForm990Amt01990524
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01501714
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt02047637
IRS990ScheduleI/GrantRecordsMaintainedInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$8,593,324
Liabilities
$55,930
Net assets
$8,537,394
Revenue
$1,990,524
Expenses
$1,936,964
Net income
$53,560
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.0$0.04$12.0$0.96$0.58$0.38
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$11.2$0.14$11.0$1.64$0.78$0.86
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.1$0.19$9.89$0.58$0.89$0.32
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.82$0.29$9.53$0.86$0.26$0.60
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$0.29$10.5$0.94$0.60$0.34
2020Detailed filing. Detailed filing data is available for this year.$8.59$0.06$8.54$1.99$1.94$0.05
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.16$0.08$9.08$2.34$0.39$1.95
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.53$0.11$7.42$0.91$0.43$0.48
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$6.85$0.13$6.72$0.83$0.69$0.14