2024-11-13T13:40:08-06:00 2023-12-31 362239746 SASSETTI LLC 2107 SWIFT DRIVE SUITE 210 OAK BROOK IL 60523 990 2023-01-01 371018692 TREE RESEARCH AND EDUCATION ENDOWMENT FUND TREE 6303698300 1755 PARK STREET 109 NAPERVILLE IL 60563 PAUL PUTMAN PRESIDENT & CEO 6303698300 2024-11-08 1 0 IZABELA POLUDNIAK P01959192 7083861433 2024-11-08 2023 2024-10-15 13:58:12Z PAUL PUTMAN 1755 PARK STREET 109 NAPERVILLE IL 60563 948587 0 X WWW.TREEFUND.ORG X 1975 IL SUPPORT SUSTAINABLE COMMUNITIES AND ENVIRONMENTAL STEWARDSHIP 14 14 4 13 0 0 654016 912370 12659 11867 177 1905 1335 -218129 668187 708013 431705 166570 0 0 308943 225036 0 0 175122 162032 241386 902680 632992 -234493 75021 5360565 6023755 391874 325899 4968691 5697856 SUPPORT SCIENTIFIC DISCOVERY AND DISSEMINATION OF NEW KNOWLEDGE IN THE FIELDS OF ARBORICULTURE AND URBAN FORESTRY 0 0 260014 129140 12117 TREE FUND PROVIDES DIRECTED AND COMPETITIVE GRANTS TO SCHOLARS AND RESEARCHERS TO CONDUCT PRIMARY AND APPLIED RESEARCH TO INCREASE PRACTICAL KNOWLEDGE AND PROMOTE THE BEST TECHNIQUES IN ARBORICULTURE, URBAN FORESTRY, AND RELATED PROFESSIONAL FIELDS. IN FY 2023, TREE FUND ISSUED $129,140 IN NEW RESEARCH GRANT FUNDING TO FIVE RECIPIENTS IN FIVE GRANT LINES WHILE CONTINUING TO MANAGE 23 MULTI-YEAR GRANTS FROM PRIOR FISCAL YEARS. 4930 4930 TREE FUND PROVIDES GRANTS TO CHARITABLE ORGANIZATIONS AND IMPLEMENTS PROGRAMS DESIGNED TO INCREASE AWARENESS OF ARBORICULTURE AND URBAN FORESTRY AMONG THE PUBLIC, THEREBY ENCOURAGING PROPERTY OWNERS, BUSINESSES, AND MUNICIPALITIES TO MANAGE URBAN AND COMMUNITY FORESTS IN WAYS THAT PROMOTE INDIVIDUAL, CIVIC, AND ENVIRONMENTAL HEALTH. TREE FUND ISSUED ONE COMMUNITY ENGAGEMENT GRANT VALUED AT $4,930, WHILE OFFERING FIVE WEBINARS WITH APPROXIMATELY 5,024 ATTENDEES, FROM AROUND THE WORLD AND ISSUING A MONTHLY NEWSLETTER TARGETED TO LAY READERS. 32500 32500 TREE FUND PROVIDES SCHOLARSHIPS TO ENCOURAGE COLLEGE STUDENTS TO PURSUE CAREERS IN ARBORICULTURE AND URBAN FORESTRY. IN FY 2023, TREE FUND ISSUED SEVEN SCHOLARSHIPS. 297444 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 0 1 0 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 8 0 1 4 1 0 0 0 0 0 1 1 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 IL MO AL AR CA CO HI MA NC NY OH OR SC VA NH MS KS MD NM TN NJ MI MN WI AK ND OK PA KY WV CT ME WA GA FL RI UT DC X X THE CHARITY CFO LLC 3143901301 1310 PAPIN STREET SUITE 300 SAINT LOUIS MO 63103 PATRICK FRANKLIN CHAIR ELECT 1.00 X X 0 0 0 ARNOLD BRODBECK CHAIRMAN 1.00 X X 0 0 0 JACQUES BRUNSWICK TREASURER 1.00 X X 0 0 0 SHARON JEAN-PHILLIPPE TRUSTEE 1.00 X 0 0 0 SAM VANMAANEN TRUSTEE 1.00 X 0 0 0 PETER SMITH TRUSTEE 1.00 X 0 0 0 KATHLEEN WOLF TRUSTEE 1.00 X 0 0 0 JEFFREY EDGAR TRUSTEE 1.00 X 0 0 0 LORI BROCKELBANK TRUSTEE 1.00 X 0 0 0 GORDON MANN TRUSTEE 1.00 X 0 0 0 DAVID GORDEN TRUSTEE 1.00 X 0 0 0 DANIEL HERMS TRUSTEE 1.00 X 0 0 0 STEVEN GEIST TRUSTEE 1.00 X 0 0 0 RACHEL BARKER VICE CHAIR 1.00 X X 0 0 0 PAUL PUTMAN PRESIDENT/CEO 40.00 X 55000 0 0 55000 0 0 0 0 0 0 0 369675 59591 483104 17000 912370 GRANT MANAGEMENT FEES 541900 11867 11867 11867 1905 1905 22195 369675 240574 -218379 -218379 MISCELLANEOUS 900099 250 250 250 708013 12117 0 -216474 124670 124670 32500 32500 9400 9400 55000 23601 7441 23958 133149 57135 18015 57999 21739 9320 2945 9474 15148 6191 2628 6329 45303 45303 51373 29350 13331 8692 6684 6684 24587 922 9967 13698 26650 26650 5940 2546 805 2589 26086 26086 280 121 38 121 3936 1688 533 1715 BAD DEBTS 50547 50547 632992 297444 160426 175122 587483 525483 502541 329241 65924 3038 27371 1397 349 1327 1048 26092 28872 4413384 4872516 5360565 6023755 38750 49066 353124 270895 5938 391874 325899 X -141703 -92097 5110394 5789953 4968691 5697856 5360565 6023755 75021 654144 0 X X 0 1 X 1 0 X 617503 665501 910425 878727 912370 3984526 617503 665501 910425 878727 912370 3984526 825127 3159399 1905 1905 250 250 3986681 348675 0.79250 0.80820 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5028073 99357 650728 172548 19049 5586561 5845455 98754 -713483 181808 20845 5028073 5291751 127583 620856 176969 17766 5845455 5044344 72892 608491 417012 16964 5291751 4439820 296550 725175 398205 18996 5044344 1.00000 1 0 1397 349 1048 1048 BENEFICIAL INTEREST IN INVESTMENTS HELD BY CHICAGO COMMUNITY TRUST 4872516 4872516 X 1663820 654144 61089 240574 955807 708013 0 708013 934655 61089 240574 301663 632992 0 632992 PART V, LINE 4: THE ENDOWMENT FUND IS INTENDED TO FUND RESEARCH, EDUCATION, AND COMMUNITY ENGAGEMENT. PART X, LINE 2: THE ORGANIZATION IS EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). IN ADDITION, THE CENTER QUALIFIES FOR THE CHARITABLE CONTRIBUTION DEDUCTION UNDER SECTION 170(B)(1)(A). AND HAS BEEN CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION UNDER SECTION 509(A)(1). THE ORGANIZATION IS SUBJECT TO INCOME TAXES ON ANY UNRELATED BUSINESS INCOME. THE ORGANIZATION HAD NO UNRELATED BUSINESS INCOME AND THERE WERE NO TAXES OWED FOR THE YEAR ENDED DECEMBER 31, 2023. THE ORGANIZATION HAS ADOPTED THE REQUIREMENTS FOR ACCOUNTING FOR UNCERTAIN TAX POSITIONS. THE ORGANIZATION HAS DETERMINED THAT IT IS NOT REQUIRED TO RECORD A LIABILITY RELATED TO UNCERTAIN TAX POSITIONS FOR THE YEAR ENDED DECEMBER 31, 2023. THE FEDERAL AND STATE TAX RETURNS OF THE ORGANIZATION FOR PAST YEARS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE AND STATE TAXING AUTHORITIES, GENERALLY FOR THREE YEARS AFTER THEY WERE FILED. PART XI, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES RELATED TO SPECIAL EVENTS NETTED AGAINST REVENUE 240,574. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF SPECIAL EVENTS NETTED AGAINST FUNDRAISING REVENUE 240,574. 1 0 0 0 0 0 0 0 0 0 EAST ASIA AND THE PACIFIC TO SUPPORT RESEARCH 7800 ELECTRONIC FUNDS 0 0 0 0 0 0 0 PART I, LINE 2: GRANTEES ARE EXPECTED TO PROVIDE PROGRESS REPORTS AS REQUESTED BY TREE FUND AND STATED IN THE GRANT AGREEMENT. GRANTEES MUST REPORT USE OF FUNDS, WHETHER OBJECTIVES OF PROPOSAL WERE MET AND THE IMPACT THE RESEARCH HAS HAD ON THE FIELD OF ARBORICULTURE OR URBAN FORESTRY. ALSO REQUIRED IS A FINANCIAL REPORT BASED UPON THE ORIGINAL BUDGET SUBMITTED. TOUR DES TREES 391870 369675 22195 101175 14771 124628 391870 369675 22195 101175 14771 124628 240574 -218379 1 WEST VIRGINIA UNIVERSITY ONE WATERFRONT PLACE MORGANTOWN WV 26506 550492006 501(C)(3) 49940 0 SUPPORT RESEARCH PENNSYLVANIA STATE UNIVERSITY 227 W BEAVER AVE STATE COLLEGE PA 16801 246000376 501(C)(3) 25322 0 SUPPORT RESEARCH UNIVERSITY OF VIRGINIA SCHOOL OF ARCHITECTURE PO BOX 400218 CHARLOTTESVILLE VA 22904 541682176 501(C)(3) 29040 0 SUPPORT RESEARCH THE DAVEY INSTITUTE 1500 MANTUA ST KENT OH 44240 14888 0 SUPPORT RESEARCH 3 1 SCHOLARSHIPS 7 32500 PART I, LINE 2: GRANTEES ARE EXPECTED TO PROVIDE PROGRESS REPORTS AS REQUESTED BY TREE FUND AND STATED IN THE GRANT AGREEMENT. GRANTEES MUST REPORT USE OF FUNDS, WHETHER OBJECTIVES OF PROPOSAL WERE MET AND THE IMPACT THE RESEARCH HAS HAD ON THE FIELD OF ARBORICULTURE OR URBAN FORESTRY. ALSO REQUIRED IS A FINANCIAL REPORT BASED UPON THE ORIGINAL BUDGET SUBMITTED. FORM 990, PART VI, SECTION B, LINE 11B THE PRESIDENT/CEO DISTRIBUTES A COPY OF THE FORM 990 ELECTRONICALLY TO EACH OF THE BOARD TRUSTEES FOR THEIR REVIEW FORM 990, PART VI, SECTION B, LINE 12C MEMBERS OF THE BOARD OF TRUSTEES COMPLETE CONFLICT OF INTEREST FORMS ON AN ANNUAL BASIS. IF THERE IS ANY POTENTIAL OR PERCEPTION OF A CONFLICT OF INTEREST, IT IS IDENTIFIED BY THE TRUSTEE AND THE TRUSTEE LEAVES THE ROOM DURING DISCUSSION AND VOTE. FORM 990, PART VI, SECTION B, LINE 15A THE EXECUTIVE COMMITTEE USES THE ASSOCIATION OF SMALL FOUNDATIONS MANAGEMENT AND COMPENSATION SURVEY TO IDENTIFY COMPENSATION STANDARDS. THIS INFORMATION IS SUMMARIZED BY THE CHAIRMAN AND PRESENTED TO THE EXECUTIVE COMMITTEE FOR DISCUSSION. THE PRESIDENT/CEO'S SALARY IS BENCHMARKED AGAINST OTHER PRESIDENT/CEO'S SALARIES IN THE REGION OF SIMILAR SIZE FOUNDATIONS TO DETERMINE THE PRESIDENT/CEO'S COMPENSATION. FORM 990, PART VI, SECTION C, LINE 19 UPON WRITTEN REQUEST FORM 990, PART XII, LINE 2C THERE WAS NO CHANGE IN AUDIT OVERSIGHT PROCESS FROM THE PRIOR YEAR.