Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
EIN 46-3513229 • 501(c)3 • Highland Park, IL
Profile
The richard schoenstadt memorial foundation, inc. Was formed to honor the memory and spirit of richard schoenstadt, a prominent chicago attorney who passed away in 2012. The foundation raises funds from a variety of sources, including individuals, businesses, and private foundations. The foundation solicits contributions directly and also conducts fund raising events. The foundation uses those funds to make grants to public charities described in sections 501(c)(3) and 509(a)(1) or (a)(2) of the internal revenue code. All such grants serve exclusively charitable purposes. Grant recipients are selected based on size and purpose of the grants, the impact of the programs or activities they support, the communities served, and public benefits derived.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
60th percentile
Tied with the lowest-debt nonprofits in its peer group.
Liabilities / Revenue
62nd percentile
Tied with the lowest-debt nonprofits in its peer group.
Net Margin
67th percentile
Higher net margin than 67% of similar nonprofits.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Top officer pay equals 0.0% of source-year revenue.
Asset Growth
73rd percentile
Faster asset growth than 73% of similar nonprofits.
Revenue Growth
74th percentile
Faster revenue growth than 74% of similar nonprofits.
Assets
Up$45,102
Up $6,314 (+16%) from 2023
Liabilities
Flat$0
Flat from 2023
Net Assets
Up$45,102
Up $6,314 (+16%) from 2023
Revenue
Up$48,481
Up $9,295 (+24%) from 2023
Expenses
Down$42,167
Down $1,073 (-2.5%) from 2023
Net Income
Up$6,314
Up $10,368 (+256%) from 2023
Most recent year
2024 • Form 990EZDetailed filing. Detailed filing data is available for this year.
The richard schoenstadt memorial foundation, inc. Was formed to honor the memory and spirit of richard schoenstadt, a prominent chicago attorney who passed away in 2012. The foundation raises funds from a variety of sources, including individuals, businesses, and private foundations. The foundation solicits contributions directly and also conducts fund raising events. The foundation uses those funds to make grants to public charities described in sections 501(c)(3) and 509(a)(1) or (a)(2) of the internal revenue code. All such grants serve exclusively charitable purposes. Grant recipients are selected based on size and purpose of the grants, the impact of the programs or activities they support, the communities served, and public benefits derived.
| Description | Grants | Expenses |
|---|---|---|
| RICHARD SCHOENSTADT MEMORIAL FOUNDATION, INC. HELD A VIRTUAL FUND RAISING EVENT FROM AUGUST 10-18, 2024 WHICH RAISED SUFFICIENT FUNDS TO DONATE $40,000 TO DONEE LISTED IN SCHEUDLE O. | $0 | $0 |
| Name | Title | Full / Part Time | Base | Other | Total |
|---|---|---|---|---|---|
| ROSS PUTTERMAN | President, Director, CEO, | - | $0 | - | - |
| MATTHEW GROSSBERG | Vice-Chairman, Secretary, | - | $0 | - | - |
| CARYN PUTTERMAN | CFO | - | $0 | - | - |
| Event | Gross Receipts | Gross Revenue | Direct Expenses | Net Income |
|---|---|---|---|---|
| Eleventh Annual Fundraising Event | $43,360 | $43,360 | $0 | $43,360 |
| Total Events | $43,360 | $43,360 | - | $43,360 |
“Activity classification: to offer aid to the the sheba medical center for humanitarian efforts.. Grantee name: american friends of sheba medical center. Grantee address: 6505 wilshire blvd, suite 615 los angeles, ca 90048. Property description: cash. Date of gift: 12/17/24. Amount given: 40,000.”
“Description: filing fees. Amount: 755. Description: bank fees. Amount: 25. Total to form 990-ez, line 16: 780.”
This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.
| Path | # | Value |
|---|---|---|
| IRS990EZ/ActivitiesNotPreviouslyRptInd | 0 | 0 |
| IRS990EZ/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt | 0 | ROSS PUTTERMAN |
| IRS990EZ/BooksInCareOfDetail/PhoneNum | 0 | 2126972299 |
| IRS990EZ/BooksInCareOfDetail/USAddress/AddressLine1Txt | 0 | 187 SHERIDAN ROAD |
| IRS990EZ/BooksInCareOfDetail/USAddress/CityNm | 0 | HIGHLAND PARK |
| IRS990EZ/BooksInCareOfDetail/USAddress/StateAbbreviationCd | 0 | IL |
| IRS990EZ/BooksInCareOfDetail/USAddress/ZIPCd | 0 | 60035 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/BOYAmt | 0 | 38788 |
| IRS990EZ/CashSavingsAndInvestmentsGrp/EOYAmt | 0 | 45102 |
| IRS990EZ/ChgMadeToOrgnzngDocNotRptInd | 0 | 0 |
| IRS990EZ/ContributionsGiftsGrantsEtcAmt | 0 | 5121 |
| IRS990EZ/DirectIndirectPltclExpendAmt | 0 | 0 |
| IRS990EZ/DonorAdvisedFndsInd | 0 | 0 |
| IRS990EZ/EngagedInExcessBenefitTransInd | 0 | 0 |
| IRS990EZ/ExcessOrDeficitForYearAmt | 0 | 6314 |
| IRS990EZ/FeesAndOtherPymtToIndCntrctAmt | 0 | 1387 |
| IRS990EZ/FiledScheduleAInd | 0 | 1 |
| IRS990EZ/ForeignFinancialAccountInd | 0 | 0 |
| IRS990EZ/ForeignOfficeInd | 0 | 0 |
| IRS990EZ/Form990TotalAssetsGrp/BOYAmt | 0 | 38788 |
| IRS990EZ/Form990TotalAssetsGrp/EOYAmt | 0 | 45102 |
| IRS990EZ/FundraisingGrossIncomeAmt | 0 | 43360 |
| IRS990EZ/GrantsAndSimilarAmountsPaidAmt | 0 | 40000 |
| IRS990EZ/GrossReceiptsAmt | 0 | 48481 |
| IRS990EZ/InfoInScheduleOPartIIIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartIInd | 0 | X |
| IRS990EZ/InfoInScheduleOPartVInd | 0 | X |
| IRS990EZ/LobbyingActivitiesInd | 0 | 0 |
| IRS990EZ/MadeLoansToFromOfficersInd | 0 | 0 |
| IRS990EZ/MethodOfAccountingCashInd | 0 | X |
| IRS990EZ/NetAssetsOrFundBalancesBOYAmt | 0 | 38788 |
| IRS990EZ/NetAssetsOrFundBalancesEOYAmt | 0 | 45102 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/BOYAmt | 0 | 38788 |
| IRS990EZ/NetAssetsOrFundBalancesGrp/EOYAmt | 0 | 45102 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 0 | 2.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 1 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/AverageHrsPerWkDevotedToPosRt | 2 | 0.00 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/CompensationAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/EmployeeBenefitProgramAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 0 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 1 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/ExpenseAccountOtherAllwncAmt | 2 | 0 |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 0 | ROSS PUTTERMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 1 | MATTHEW GROSSBERG |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/PersonNm | 2 | CARYN PUTTERMAN |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 0 | PRESIDENT, DIRECTOR, CEO, |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 1 | VICE-CHAIRMAN, SECRETARY, |
| IRS990EZ/OfficerDirectorTrusteeEmplGrp/TitleTxt | 2 | CFO |
| IRS990EZ/OperateHospitalInd | 0 | 0 |
| IRS990EZ/Organization501c3Ind | 0 | X |
| IRS990EZ/OrganizationDissolvedEtcInd | 0 | 0 |
| IRS990EZ/OrganizationHadUBIInd | 0 | 0 |
| IRS990EZ/OtherChangesInNetAssetsAmt | 0 | 0 |
| IRS990EZ/OtherExpensesTotalAmt | 0 | 780 |
| IRS990EZ/PartVIHghstPdCntrctProfSrvcTxt | 0 | NONE |
| IRS990EZ/PartVIOfCompOfHghstPdEmplTxt | 0 | NONE |
| IRS990EZ/PoliticalCampaignActyInd | 0 | 0 |
| IRS990EZ/PrimaryExemptPurposeTxt | 0 | THE RICHARD SCHOENSTADT MEMORIAL FOUNDATION, INC. WAS FORMED TO HONOR THE MEMORY AND SPIRIT OF RICHARD SCHOENSTADT, A PROMINENT CHICAGO ATTORNEY WHO PASSED AWAY IN 2012. THE FOUNDATION RAISES FUNDS FROM A VARIETY OF SOURCES, INCLUDING INDIVIDUALS, BUSINESSES, AND PRIVATE FOUNDATIONS. THE FOUNDATION SOLICITS CONTRIBUTIONS DIRECTLY AND ALSO CONDUCTS FUND RAISING EVENTS. THE FOUNDATION USES THOSE FUNDS TO MAKE GRANTS TO PUBLIC CHARITIES DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(1) OR (A)(2) OF THE INTERNAL REVENUE CODE. ALL SUCH GRANTS SERVE EXCLUSIVELY CHARITABLE PURPOSES. GRANT RECIPIENTS ARE SELECTED BASED ON SIZE AND PURPOSE OF THE GRANTS, THE IMPACT OF THE PROGRAMS OR ACTIVITIES THEY SUPPORT, THE COMMUNITIES SERVED, AND PUBLIC BENEFITS DERIVED. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/DescriptionProgramSrvcAccomTxt | 0 | RICHARD SCHOENSTADT MEMORIAL FOUNDATION, INC. HELD A VIRTUAL FUND RAISING EVENT FROM AUGUST 10-18, 2024 WHICH RAISED SUFFICIENT FUNDS TO DONATE $40,000 TO DONEE LISTED IN SCHEUDLE O. |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/GrantsAndAllocationsAmt | 0 | 0 |
| IRS990EZ/ProgramSrvcAccomplishmentGrp/ProgramServiceExpensesAmt | 0 | 0 |
| IRS990EZ/ProhibitedTaxShelterTransInd | 0 | 0 |
| IRS990EZ/RelatedOrganizationCtrlEntInd | 0 | 0 |
| IRS990EZ/ScheduleBNotRequiredInd | 0 | X |
| IRS990EZ/SchoolOperatingInd | 0 | 0 |
| IRS990EZ/SpecialEventsNetIncomeLossAmt | 0 | 43360 |
| IRS990EZ/StatesWhereCopyOfReturnIsFldCd | 0 | IL |
| IRS990EZ/SubjectToProxyTaxInd | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/BOYAmt | 0 | 0 |
| IRS990EZ/SumOfTotalLiabilitiesGrp/EOYAmt | 0 | 0 |
| IRS990EZ/TanningServicesProvidedInd | 0 | 0 |
| IRS990EZ/TaxImposedOnOrganizationMgrAmt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4911Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4912Amt | 0 | 0 |
| IRS990EZ/TaxImposedUnderIRC4955Amt | 0 | 0 |
| IRS990EZ/TaxReimbursedByOrganizationAmt | 0 | 0 |
| IRS990EZ/TotalExpensesAmt | 0 | 42167 |
| IRS990EZ/TotalRevenueAmt | 0 | 48481 |
| IRS990EZ/TransactionWithControlEntInd | 0 | 0 |
| IRS990EZ/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990EZ/TypeOfOrganizationCorpInd | 0 | X |
| IRS990EZ/WebsiteAddressTxt | 0 | WWW.RICHARDSFUND.COM |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearAmt | 0 | 5121 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10544 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14584 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9700 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6400 |
| IRS990ScheduleA/GiftsGrantsContriRcvd170Grp/TotalAmt | 0 | 46349 |
| IRS990ScheduleA/PublicOrganization170Ind | 0 | X |
| IRS990ScheduleA/PublicSupportCY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportPY170Pct | 0 | 1.00000 |
| IRS990ScheduleA/PublicSupportTotal170Amt | 0 | 46349 |
| IRS990ScheduleA/ThirtyThrPctSuprtTestsCY170Ind | 0 | X |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearAmt | 0 | 5121 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus1YearAmt | 0 | 10544 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus2YearsAmt | 0 | 14584 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus3YearsAmt | 0 | 9700 |
| IRS990ScheduleA/TotalCalendarYear170Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6400 |
| IRS990ScheduleA/TotalCalendarYear170Grp/TotalAmt | 0 | 46349 |
| IRS990ScheduleA/TotalSupportAmt | 0 | 46349 |
| IRS990ScheduleG/FundraisingEventInformationGrp/CharitableContriEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/Event1Nm | 0 | ELEVENTH ANNUAL FUNDRAISING EVENT |
| IRS990ScheduleG/FundraisingEventInformationGrp/FoodAndBeverageEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsEvent1Amt | 0 | 43360 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossReceiptsTotalAmt | 0 | 43360 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueEvent1Amt | 0 | 43360 |
| IRS990ScheduleG/FundraisingEventInformationGrp/GrossRevenueTotalEventsAmt | 0 | 43360 |
| IRS990ScheduleG/FundraisingEventInformationGrp/NetIncomeSummaryAmt | 0 | 43360 |
| IRS990ScheduleG/FundraisingEventInformationGrp/OtherDirectExpensesEvent1Amt | 0 | 0 |
| IRS990ScheduleG/FundraisingEventInformationGrp/RentFacilityCostsEvent1Amt | 0 | 0 |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | ACTIVITY CLASSIFICATION: TO OFFER AID TO THE THE SHEBA MEDICAL CENTER FOR HUMANITARIAN EFFORTS.. GRANTEE NAME: AMERICAN FRIENDS OF SHEBA MEDICAL CENTER. GRANTEE ADDRESS: 6505 WILSHIRE BLVD, SUITE 615 LOS ANGELES, CA 90048. PROPERTY DESCRIPTION: CASH. DATE OF GIFT: 12/17/24. AMOUNT GIVEN: 40,000. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | DESCRIPTION: FILING FEES. AMOUNT: 755. DESCRIPTION: BANK FEES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 780. |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAID |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSES |
| TransferPrsnlBnftContractsDecl/DeclarationDesc | 0 | THE ORGANIZATION DID NOT, DURING THE YEAR, RECEIVE ANY FUNDS, DIRECTLY,OR INDIRECTLY, TO PAY PREMIUMS ON A PERSONAL BENEFIT CONTRACT.THE ORGANIZATION, DID NOT, DURING THE YEAR, PAY ANY PREMIUMS, DIRECTLY,OR INDIRECTLY, ON A PERSONAL BENEFIT CONTRACT. |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ROSS PUTTERMAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2126972299 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2025-05-06 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | RICHARD SCHOENSTADT MEMORIAL FOUNDATION |
| ReturnHeader/Filer/BusinessName/BusinessNameLine2Txt | 0 | INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | RICH |
| ReturnHeader/Filer/EIN | 0 | 463513229 |
| ReturnHeader/Filer/PhoneNum | 0 | 2126972299 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | CO PUTTERMAN 187 SHERIDAN RD |
| ReturnHeader/Filer/USAddress/CityNm | 0 | HIGHLAND PARK |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | IL |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 60035 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmEIN | 0 | 131655065 |
| ReturnHeader/PreparerFirmGrp/PreparerFirmName/BusinessNameLine1Txt | 0 | LUTZ AND CARR CPAS LLP |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/AddressLine1Txt | 0 | 551 FIFTH AVENUE SUITE 400 |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/CityNm | 0 | NEW YORK |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/StateAbbreviationCd | 0 | NY |
| ReturnHeader/PreparerFirmGrp/PreparerUSAddress/ZIPCd | 0 | 10176 |
| ReturnHeader/PreparerPersonGrp/PhoneNum | 0 | 2126972299 |
| ReturnHeader/PreparerPersonGrp/PreparerPersonNm | 0 | JUNHWA CHANG |
| ReturnHeader/ReturnTs | 0 | 2025-05-14T08:05:22-05:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990EZ |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2024-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2024-12-31 |
| ReturnHeader/TaxYr | 0 | 2024 |
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