Civic Intelligence

Onechicagofund

990 • Fiscal year 2015 • EIN 45-4661737

Jan 01, 2015 to Dec 31, 2015 • Filed on Oct 27, 2016

Organization ProfileN/A
222 W Merchandise Mart PlazaChicago, IL 60654

(312) 894-3455

Siviq Scores

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

Liabilities / Assets

37th percentile

0.04x

Higher debt load relative to assets than 37% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Liabilities / Revenue

24th percentile

0.02x

Higher debt load relative to revenue than 24% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Net Margin

7th percentile

-47%

Higher net margin than 7% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Top Officer Pay

77th percentile

$120,000

Higher top officer pay than 77% of similar nonprofits.

Top officer pay equals 4.9% of source-year revenue.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2015

Asset Growth

1st percentile

-71%

Faster asset growth than 1% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Revenue Growth

6th percentile

-48%

Faster revenue growth than 6% of similar nonprofits.

2015 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2014 to 2015

Balance Sheet
Liabilities / Assets37th percentile

Assets

Down

$1,082,931

Down $2,704,176 (-71%) from 2014

Net Assets

Down

$1,041,492

Down $1,126,438 (-52%) from 2014

Liabilities

Down

$41,439

Down $1,577,738 (-97%) from 2014

Revenue And Expenses
Liabilities / Revenue24th percentileNet Margin7th percentile

Revenue

Down

$2,433,022

Down $2,223,478 (-48%) from 2014

Expenses

Up

$3,565,160

Up $672,081 (+23%) from 2014

Net Income

Down

-$1,132,138

Down $2,895,559 (-164%) from 2014

Historical Trend

Balance Sheet Trend

Asset Growth1st percentile

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

$4.0M$3.0M$2.0M$1.0M$0Assets 2013: $407,784Liabilities 2013: $3,275Net Assets 2013: $404,5092013Assets 2014: $3,787,107Liabilities 2014: $1,619,177Net Assets 2014: $2,167,9302014Assets 2015: $1,082,931Liabilities 2015: $41,439Net Assets 2015: $1,041,4922015Assets 2016: $658,516Liabilities 2016: $6,166Net Assets 2016: $652,3502016Assets 2017: $936,256Liabilities 2017: $21,531Net Assets 2017: $914,7252017Assets 2018: $1,704,955Liabilities 2018: $483,307Net Assets 2018: $1,221,6482018Assets 2019: $429,344Liabilities 2019: $11,851Net Assets 2019: $417,4932019Assets 2020: $1,123,156Liabilities 2020: $10,363Net Assets 2020: $1,112,7932020Assets 2021: $1,771,526Liabilities 2021: $6,071Net Assets 2021: $1,765,4552021Assets 2022: $886,666Liabilities 2022: $7,111Net Assets 2022: $879,5552022Assets 2023: $169,294Liabilities 2023: $6,489Net Assets 2023: $162,8052023Assets 2024: $0Liabilities 2024: $0Net Assets 2024: $02024

Highlighted filing

2015

Assets$1,082,931
Liabilities$41,439
Net Assets$1,041,492
Open 2015 Filing

Operations Trend

Revenue Growth6th percentile

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

$6.0M$4.0M$2.0M$0-$2.0MRevenue 2013: $269,620Expenses 2013: $431,948Net Income 2013: -$162,3282013Revenue 2014: $4,656,500Expenses 2014: $2,893,079Net Income 2014: $1,763,4212014Revenue 2015: $2,433,022Expenses 2015: $3,565,160Net Income 2015: -$1,132,1382015Revenue 2016: $1,050,000Expenses 2016: $1,439,142Net Income 2016: -$389,1422016Revenue 2017: $1,526,066Expenses 2017: $1,263,691Net Income 2017: $262,3752017Revenue 2018: $2,540,250Expenses 2018: $2,163,327Net Income 2018: $376,9232018Revenue 2019: $1,485,000Expenses 2019: $2,289,155Net Income 2019: -$804,1552019Revenue 2020: $2,211,000Expenses 2020: $1,515,700Net Income 2020: $695,3002020Revenue 2021: $1,765,000Expenses 2021: $1,112,338Net Income 2021: $652,6622021Revenue 2022: $707,034Expenses 2022: $1,592,934Net Income 2022: -$885,9002022Revenue 2023: $194,000Expenses 2023: $910,750Net Income 2023: -$716,7502023Revenue 2024: $0Expenses 2024: $162,805Net Income 2024: -$162,8052024

Highlighted filing

2015

Revenue$2,433,022
Expenses$3,565,160
Net Income-$1,132,138
Open 2015 Filing
Jump To
Filing Snapshot
Filing Period
Jan 1, 2015 to Dec 31, 2015
Signed
Oct 27, 2016
Return Version
2015v2.0
Gross Receipts
$2,433,022
Mission and Program Overview

Mission

The fund achieves its purpose by (A) Supporting initiatives of the City of Chicago and its sister agencies that further such purposes, (B)increasing community, foundation, and civic involvement with and support for such initiates, (C) providing mechanisms through which public, private, and not-for-profit sector resources can be utilized for such initiatives, (D) directing resources towards areas of identified need within the meaning of code section 501(c)(3), and (E) such other means as are appropriate and consistent with the purposes of the fund, and including all activities incidental or related thereto.

Since inception, OneChicagoFund (The Fund) has generated approximately $75 Million in Contributions and pledges to support its charitable, education, and other 501(c)(3) activities in the city of Chicago.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$343,750$596,155▲ $252,405
Pledges and Grants Receivable$3,416,666$450,000▼ $2,966,666
Prepaid Expenses and Deferred Charges$26,691$31,076▲ $4,385
Savings and Temporary Cash Investments-$0-
Accounts Receivable-$0-
Other Notes and Loans Receivable, Net-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Other Securities-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Land, Buildings, and Equipment, Net-$0-
Intangible Assets-$0-
Inventories for Sale or Use-$0-
Total Assets$3,787,107$1,082,931▼ $2,704,176
Other Assets Total-$5,700-
Liabilities
Grants Payable$1,600,000--
Accounts Payable and Accrued Expenses$19,177$41,439▲ $22,262
Total Liabilities$1,619,177$41,439▼ $1,577,738
Net Assets / Fund Balance
Temporarily Rstr Net Assets$3,574,653$713,795▼ $2,860,858
Unrestricted Net Assets$-1,406,723$327,697▲ $1,734,420
Total Net Assets Fund Balance$2,167,930$1,041,492▼ $1,126,438
Total Liabilities and Net Assets / Fund Balance$3,787,107$1,082,931▼ $2,704,176
Compensation and Service Providers
Top Officer Pay77th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Lynn M LockwoodVice PresidentFT$120,000$120,000

Board Members and Trustees

NameTitle
Michael SacksDir.& ViceChair
Sarah PangDirector &Chair
Carole Brown -Resigned 51515Director
MK PritzkerDirector
Robert KohlDirector
David H BoulExecutive Director
Trish RooneySecr. & Treas
Revenue and Support

Revenue Composition

Contributions and Grants
$2,433,022
Program Service Revenue
$0
Investment Income
$0
Other Revenue
$0
All Other Contributions
$2,433,022
Change in Net Assets
$-1,132,138

Audited Revenue Reconciliation

Revenue per Audited Statements
$2,433,022
Revenue Not Reported on Form 990
$682,000
Total Revenue per Audited Statements
$3,115,022
Total Revenue per Form 990
$2,433,022
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$2,846,207
Other Expenses$482,448
Salaries, Compensation, and Employee Benefits$236,505
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$2,846,207--$2,846,207
Current Officers, Directors, Trustees, and Key Employees-$120,000-$120,000
Advertising$119,476--$119,476
Travel$116,315--$116,315
Other Salaries and Wages-$98,280-$98,280
Other Expenses$73,789--$73,789
Fees for Services Legal$34,249$34,249-$68,498
Occupancy-$36,000-$36,000
Fees for Services Accounting$16,996$16,996-$33,992
Insurance-$30,360-$30,360
Payroll Taxes-$18,225-$18,225
Office Expenses-$4,018-$4,018
Total Functional Expenses$3,207,032$358,128$0$3,565,160

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Audited Statements$4,247,160
Expenses per Audited Statements$3,565,160
Total Expenses per Form 990$3,565,160
Expenses Not Reported on Form 990$682,000
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Chicago Architecture BiennialChicago, IL501(c)(3)Organizational Support$2,750,000
Chicago Park DistrictChicago, ILGovernmental EntityMaggie Daley Park Opening$96,207
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
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Line 11B: Form 990 Review Process

“Form 990 is provided to the Board of Directors prior to the submission to the IRS. The Fund's Executive Director works with the Fund's legal counsel and auditors to be sure the return is complete and accurate.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The process for determining a conflict of interest requires that conflicts of interest are disclosed prior to any meeting of the Boards of Directors. Any conflict is required to be disclosed in the minutes of the Board of Directors meeting. Violation of the conflict of interest policy can lead to removal from the board.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“Form 1023 (application for exemption), and Form 990 are available upon request.”

Part VIII and Part IX - Collaboration with A local charity

“The Fund maintains donor advised funds at a local Chicago charity. The charity owns the funds and has final authority over any disposition. The Fund or its representatives acts as a donor advisor with respect to the funds. The Fund has spearheaded significant fundraising efforts with regard to these donor advised funds.Amounts shown on Parts VIII do not include any amounts contributed to these donor advised funds.Amounts shown on Part IX should be considered with the additional context of the contributions made to the aforementioned donor advised funds and other local organizations.”

Filing and Contact Details

Filer

Filer Name
Onechicagofund
EIN
45-4661737
Phone
3128943455
Address
222 W Merchandise Mart Plaza, Chicago, IL 60654

Signing Officer

Name
David Boul
Title
Executive Director
Signed
2016-10-27
Discuss with paid preparer
Yes

Organization Details

Formed
2012
Legal Domicile
Il
Voting Board Members
5
Independent Board Members
5
Employees
2

Preparer

Firm
Adducci Leone & Co
Address
7808 West College DriveSte4SE, Palos Heights, IL 60463
Preparer
James S Adducci CPA
Phone
7085943838
Supplemental Narrative

Financial Statement Notes

Part X : FIN48 Footnote

“The Organization is exempt from income tax under Section 501(c)(3) of the Internal revenue Code. Accounting principles general accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability if the Organization has taken an uncertain position that more likely than not would not be satisfied upon examination by the IRS or other applicable taxing jurisdictions. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization was incorporated in 2012 and is subject to potential income tax examinations for all years since 2012.”

Part XI, Line 2D: Other revenue amounts included in F/S but not included on form 990

“Prior year uncollectible pledges $500000”

Part XII, Line 2D: Other expenses and losses per audited F/S

“Prior year uncollectible pledges $500000”

Raw XML AppendixShowing 400 of 468 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/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt019177
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt041439
IRS990/AccountsReceivableGrp/EOYAmt00
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0Since inception, OneChicagoFund (The Fund) has generated approximately $75 Million in Contributions and pledges to support its charitable, education, and other 501(c)(3) activities in the city of Chicago.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ProgramServicesAmt0119476
IRS990/AdvertisingGrp/TotalAmt0119476
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherContributionsAmt02433022
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0David Boul
IRS990/BooksInCareOfDetail/PhoneNum03128943455
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt0222 W Merchandise Plaza Suite 1212
IRS990/BooksInCareOfDetail/USAddress/CityNm0Chicago
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0IL
IRS990/BooksInCareOfDetail/USAddress/ZIPCd060654
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/BOYAmt0343750
IRS990/CashNonInterestBearingGrp/EOYAmt0596155
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/ManagementAndGeneralAmt0120000
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt0120000
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0false
IRS990/CreditCounselingInd0false
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt02433022
IRS990/CYGrantsAndSimilarPaidAmt02846207
IRS990/CYInvestmentIncomeAmt00
IRS990/CYOtherExpensesAmt0482448
IRS990/CYOtherRevenueAmt00
IRS990/CYProgramServiceRevenueAmt00
IRS990/CYRevenuesLessExpensesAmt0-1132138
IRS990/CYSalariesCompEmpBnftPaidAmt0236505
IRS990/CYTotalExpensesAmt03565160
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt02433022
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0false
IRS990/DepreciationDepletionGrp/TotalAmt00
IRS990/Desc0From its inception, the Fund has generated approximately $75 million in contributions and pledges in support of a variety of charitable and educational initiatives in the City of Chicago. The vast majority of these contributions and pledges have, through the efforts of the Fund, been made to local donor advised funds and charities, although some have been made directly to the Fund itself. The Fund is not compensated for its fundraising efforts on behalf of these donor advised funds and charities. The Fund has focused its fundraising and grant making activities on the priority areas of public safety, arts and culture, open space, and education. Selected highlights within those priority areas include the following:Public safety - The Fund's early efforts led to the successful raising of almost $50 million to support public safety initiates in the City of Chicago. Arts and culture - The fund has assumed the lead role in securing philanthropic support for the Chicago Architecture Biennial, a first-of-its-kind international forum on architecture and the designed environment held in Chicago in 2015. The fund has raised approximately $6 million in support for the Biennial. The Fund also raised $1 million in charitable support for a public festival along the Chicago river.Open Space - The Fund secured $20 million in donations and pledges to the Maggie Daley Park fund (A Donor advised fund at a local charity) to be used to assist in the building and completion of Maggie Daley Park, a project of the Chicago Park District. The Dynamic, sustainable, multi-functional 20-acre park reaches out to the local neighborhood as well as the larger Chicago community and visitor population.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0true
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonatedServicesAndUseFcltsAmt05700
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0false
IRS990/EmployeeCnt02
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/ExpenseAmt03207032
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt016996
IRS990/FeesForServicesAccountingGrp/ProgramServicesAmt016996
IRS990/FeesForServicesAccountingGrp/TotalAmt033992
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt034249
IRS990/FeesForServicesLegalGrp/ProgramServicesAmt034249
IRS990/FeesForServicesLegalGrp/TotalAmt068498
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/TotalAmt00
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt00.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt10.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt20.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt30.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt40.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt50.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt60.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt70.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt040.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt140.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt22.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt32.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt42.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt52.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt62.50
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt72.50
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/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/PersonNm0Lynn M Lockwood
IRS990/Form990PartVIISectionAGrp/PersonNm1David H Boul
IRS990/Form990PartVIISectionAGrp/PersonNm2Trish Rooney
IRS990/Form990PartVIISectionAGrp/PersonNm3Michael Sacks
IRS990/Form990PartVIISectionAGrp/PersonNm4MK Pritzker
IRS990/Form990PartVIISectionAGrp/PersonNm5Sarah Pang
IRS990/Form990PartVIISectionAGrp/PersonNm6Robert Kohl
IRS990/Form990PartVIISectionAGrp/PersonNm7Carole Brown -Resigned 51515
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt0120000
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
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/TitleTxt0Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt1Executive Dir.
IRS990/Form990PartVIISectionAGrp/TitleTxt2Secr. & Treas
IRS990/Form990PartVIISectionAGrp/TitleTxt3Dir.& ViceChair
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director &Chair
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7Director
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr02012
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/SeparateBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt05
IRS990/GrantAmt02846207
IRS990/GrantsPayableGrp/BOYAmt01600000
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/ProgramServicesAmt02846207
IRS990/GrantsToDomesticOrgsGrp/TotalAmt02846207
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0true
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt02433022
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0true
IRS990/IndependentVotingMemberCnt05
IRS990/IndivRcvdGreaterThan100KCnt01
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/TotalAmt00
IRS990/InsuranceGrp/ManagementAndGeneralAmt030360
IRS990/InsuranceGrp/TotalAmt030360
IRS990/IntangibleAssetsGrp/EOYAmt00
IRS990/InterestGrp/TotalAmt00
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt00
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt00
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt01
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipBasisNetGrp/EOYAmt00
IRS990/LegalDomicileStateCd0IL
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0false
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0The fund achieves its purpose by (A) Supporting initiatives of the City of Chicago and its sister agencies that further such purposes, (B)increasing community, foundation, and civic involvement with and support for such initiates, (C) providing mechanisms through which public, private, and not-for-profit sector resources can be utilized for such initiatives, (D) directing resources towards areas of identified need within the meaning of code section 501(c)(3), and (E) such other means as are appropriate and consistent with the purposes of the fund, and including all activities incidental or related thereto.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt02167930
IRS990/NetAssetsOrFundBalancesEOYAmt01041492
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ManagementAndGeneralAmt036000
IRS990/OccupancyGrp/TotalAmt036000
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt04018
IRS990/OfficeExpensesGrp/TotalAmt04018
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/EOYAmt05700
IRS990/OtherEmployeeBenefitsGrp/TotalAmt00
IRS990/OtherExpensesGrp/Desc0Other program expenses
IRS990/OtherExpensesGrp/ProgramServicesAmt073789
IRS990/OtherExpensesGrp/TotalAmt073789
IRS990/OtherRevenueTotalAmt00
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt098280
IRS990/OtherSalariesAndWagesGrp/TotalAmt098280
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt018225
IRS990/PayrollTaxesGrp/TotalAmt018225
IRS990/PensionPlanContributionsGrp/TotalAmt00
IRS990/PledgesAndGrantsReceivableGrp/BOYAmt03416666
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt0450000
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt026691
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt031076
IRS990/ProfessionalFundraisingInd0false
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04656500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYGrantsAndSimilarPaidAmt02700000
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt0193079
IRS990/PYRevenuesLessExpensesAmt01763421
IRS990/PYTotalExpensesAmt02893079
IRS990/PYTotalRevenueAmt04656500
IRS990/QuidProQuoContributionsInd0true
IRS990/QuidProQuoContriDisclInd0true
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0-1132138
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0false
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/ReportInvestmentsOtherSecInd0false
IRS990/ReportLandBuildingEquipmentInd0false
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/EOYAmt00
IRS990ScheduleA/First5Years170Ind0X
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt02933022
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt04140000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt0269620
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt08092642
IRS990ScheduleA/GovtFurnSrvcFcltsVl170Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome170Grp/TotalAmt00
IRS990ScheduleA/OtherIncome170Grp/TotalAmt00
IRS990ScheduleA/PublicOrganization170Ind0X
IRS990ScheduleA/PublicSupportCY170Pct00.00000
IRS990ScheduleA/PublicSupportTotal170Amt08092642
IRS990ScheduleA/SubstantialContributorsTotAmt00
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft170Grp/TotalAmt00
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt02933022
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt04140000
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt0269620
IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt0750000
IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt08092642
IRS990ScheduleA/TotalSupportAmt08092642
IRS990ScheduleA/UnrelatedBusinessNetIncm170Grp/TotalAmt00
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd0true
IRS990ScheduleD/DonatedServicesAndUseFcltsAmt0182000
IRS990ScheduleD/DonatedServicesUseFcltsAmt0182000
IRS990ScheduleD/ExpensesNotReportedAmt0682000
IRS990ScheduleD/ExpensesSubtotalAmt03565160
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherExpensesIncludedAmt0500000
IRS990ScheduleD/OtherRevenueAmt0500000
IRS990ScheduleD/RevenueNotReportedAmt0682000
IRS990ScheduleD/RevenueSubtotalAmt02433022
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0The Organization is exempt from income tax under Section 501(c)(3) of the Internal revenue Code. Accounting principles general accepted in the United States of America require management to evaluate tax positions taken by the Organization and recognize a tax liability if the Organization has taken an uncertain position that more likely than not would not be satisfied upon examination by the IRS or other applicable taxing jurisdictions. Management has analyzed the tax positions taken by the Organization and has concluded that as of December 31, 2015 and 2014, there are no uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The organization is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. The Organization was incorporated in 2012 and is subject to potential income tax examinations for all years since 2012.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Prior year uncollectible pledges $500000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2Prior year uncollectible pledges $500000
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X : FIN48 Footnote
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d: Other revenue amounts included in F/S but not included on form 990
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d: Other expenses and losses per audited F/S
IRS990ScheduleD/TotalExpensesPerForm990Amt03565160
IRS990ScheduleD/TotalRevenuePerForm990Amt02433022
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt03115022
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt04247160
IRS990ScheduleI/GrantRecordsMaintainedInd0true
IRS990ScheduleI/RecipientTable/CashGrantAmt02750000
IRS990ScheduleI/RecipientTable/CashGrantAmt196207
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/IRCSectionDesc1Governmental Entity
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt00
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt10
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0Organizational Support
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt1Maggie Daley Park Opening
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0Chicago Architecture Biennial
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt1Chicago Park District
IRS990ScheduleI/RecipientTable/RecipientEIN0471305533
IRS990ScheduleI/RecipientTable/RecipientEIN1366005822
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt04 W Burton PL
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt1541 N Fairbanks 6th floor
IRS990ScheduleI/RecipientTable/USAddress/CityNm0Chicago
IRS990ScheduleI/RecipientTable/USAddress/CityNm1Chicago
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0IL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd1IL
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd060610
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd160611
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0The fund made grants in 2015 to an organization that is described in code section 501(c)(3), and to a governmental entity.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0Additional Supplemental Information
IRS990ScheduleI/Total501c3OrgCnt02
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990/ScheduleJRequiredInd0false
IRS990/ScheduleORequiredInd0true
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0Form 990 is provided to the Board of Directors prior to the submission to the IRS. The Fund's Executive Director works with the Fund's legal counsel and auditors to be sure the return is complete and accurate.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1The process for determining a conflict of interest requires that conflicts of interest are disclosed prior to any meeting of the Boards of Directors. Any conflict is required to be disclosed in the minutes of the Board of Directors meeting. Violation of the conflict of interest policy can lead to removal from the board.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2Form 1023 (application for exemption), and Form 990 are available upon request.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3The Fund maintains donor advised funds at a local Chicago charity. The charity owns the funds and has final authority over any disposition. The Fund or its representatives acts as a donor advisor with respect to the funds. The Fund has spearheaded significant fundraising efforts with regard to these donor advised funds.Amounts shown on Parts VIII do not include any amounts contributed to these donor advised funds.Amounts shown on Part IX should be considered with the additional context of the contributions made to the aforementioned donor advised funds and other local organizations.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0Form 990, Part VI, Line 11b: Form 990 Review Process
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2Form 990, Part VI, Line 19: Other Organization Documents Publicly Available
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3Part VIII and Part IX - Collaboration with a local charity
IRS990ScheduleR/AssetExchangeInd0false
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd0false
IRS990ScheduleR/AssetSaleToOtherOrgInd0false
IRS990ScheduleR/DivRelatedOrganizationInd0false
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd0false
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd0false
IRS990ScheduleR/IdDisregardedEntitiesGrp/DirectControllingEntityName/BusinessNameLine1Txt0OneChicagoFund
IRS990ScheduleR/IdDisregardedEntitiesGrp/DisregardedEntityName/BusinessNameLine1Txt0Chicago Dreams2016 LLC
IRS990ScheduleR/IdDisregardedEntitiesGrp/EIN0364816762
IRS990ScheduleR/IdDisregardedEntitiesGrp/EndOfYearAssetsAmt015383
IRS990ScheduleR/IdDisregardedEntitiesGrp/LegalDomicileStateCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/PrimaryActivitiesTxt0Program support
IRS990ScheduleR/IdDisregardedEntitiesGrp/TotalIncomeAmt0130000
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/AddressLine1Txt0222 W Merchandise Mart Plaza 1212
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/CityNm0Chicago
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/StateAbbreviationCd0IL
IRS990ScheduleR/IdDisregardedEntitiesGrp/USAddress/ZIPCd060654
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd0false
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd0false
IRS990ScheduleR/PaidEmployeesSharingInd0false
IRS990ScheduleR/PerformOfServicesByOtherOrgInd0false
IRS990ScheduleR/PerformOfServicesForOthOrgInd0false
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd0false
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd0false
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd0false
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd0false
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd0false
IRS990ScheduleR/SharingOfFacilitiesInd0false
IRS990ScheduleR/TransferFromOtherOrgInd0false
IRS990ScheduleR/TransferToOtherOrgInd0false
IRS990/SchoolOperatingInd0false
IRS990/SignificantChangeInd0false
IRS990/SignificantNewProgramSrvcInd0false
IRS990/StatesWhereCopyOfReturnIsFldCd0IL
IRS990/SubjectToProxyTaxInd0false
IRS990/TaxableDistributionsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2015 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$1,082,931
Liabilities
$41,439
Net assets
$1,041,492
Revenue
$2,433,022
Expenses
$3,565,160
Net income
-$1,132,138
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.00$0.00$0.00$0.00$0.16$0.16
2023Summary only. Only limited summary data is available for this year.$0.17$0.01$0.16$0.19$0.91$0.72
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.01$0.88$0.71$1.59$0.89
2021Summary only. Only limited summary data is available for this year.$1.77$0.01$1.77$1.77$1.11$0.65
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.12$0.01$1.11$2.21$1.52$0.70
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.43$0.01$0.42$1.49$2.29$0.80
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.70$0.48$1.22$2.54$2.16$0.38
2017Summary only. Only limited summary data is available for this year.$0.94$0.02$0.91$1.53$1.26$0.26
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.66$0.01$0.65$1.05$1.44$0.39
2015Detailed filing. Detailed filing data is available for this year.$1.08$0.04$1.04$2.43$3.57$1.13
2014Summary only. Only limited summary data is available for this year.$3.79$1.62$2.17$4.66$2.89$1.76
2013Summary only. Only limited summary data is available for this year.$0.41$0.00$0.40$0.27$0.43$0.16