ROBERT R MCCORMICK FOUNDATION: Form 990, tax year 2023
View the entire original 990 at ProPublica ↗
- Organization
- ROBERT R MCCORMICK FOUNDATION (EIN 36-3689172)
- Tax period
- 2023-01-01 to 2023-12-31
- Filed
- 2024-11-11
- IRS object ID
- 202433169349301313
- Schema version
- 2023v5.1
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule J
- Schedule K
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return | 2024-11-11T12:43:23-06:00 | ReturnTs |
| Tax Period End | 2023-12-31 | TaxPeriodEndDt |
Preparer Firm PreparerFirmGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Firm EIN | 991856619 | PreparerFirmEIN |
Preparer Firm Name PreparerFirmName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | GRANT THORNTON ADVISORS LLC | BusinessNameLine1Txt |
Preparer US Address PreparerUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 171 N CLARK ST STE 200 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnTypeCd |
| Tax Period Begin | 2023-01-01 | TaxPeriodBeginDt |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363689172 | EIN |
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | CANTIGNY FOUNDATION | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Control | CANT | BusinessNameControlTxt |
| Phone | 6302608151 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 S 151 WINFIELD ROAD | AddressLine1Txt |
| City | WHEATON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60189 | ZIPCd |
Business Officer BusinessOfficerGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Person | TIMOTHY KNIGHT | PersonNm |
| Person Title | CEO & PRESIDENT | PersonTitleTxt |
| Phone | 6302608151 | PhoneNum |
| Signature | 2024-11-11 | SignatureDt |
| Discuss With Paid Preparer | Yes (1) | DiscussWithPaidPreparerInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| IRS Responsible Prty Info Curr | 0 | IRSResponsiblePrtyInfoCurrInd |
Preparer Person PreparerPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Preparer Person | BRIDGET T ROCHE | PreparerPersonNm |
| PTIN | P00666837 | PTIN |
| Phone | 3128560200 | PhoneNum |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax | 2023 | TaxYr |
| Build TS | 2024-10-15 13:58:12Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Principal Officer | TIMOTHY P KNIGHT | PrincipalOfficerNm |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 S 151 WINFIELD ROAD | AddressLine1Txt |
| City | WHEATON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60189 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | $188,478,821 | GrossReceiptsAmt |
| Group Return For Affiliates | 0 | GroupReturnForAffiliatesInd |
| Organization501c3 | Yes (X) | Organization501c3Ind |
| Website Address | WWW.CANTIGNY.ORG | WebsiteAddressTxt |
| Type Of Organization Corp | Yes (X) | TypeOfOrganizationCorpInd |
| Formation | 1989 | FormationYr |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Activity Or Mission | OPERATION OF CANTIGNY PARK, GOLF, MCCORMICK HOUSE AND FIRST DIVISION MUSEUM (CONTINUED IN SCH O) IN WHEATON, ILLINOIS. HONOR AND UPHOLD THE LAST WILL AND TESTAMENT OF COL. ROBERT R. MCCORMICK. | ActivityOrMissionDesc |
| Voting Members Governing Body | 6 | VotingMembersGoverningBodyCnt |
| Voting Members Independent | 6 | VotingMembersIndependentCnt |
| Total Employee | 206 | TotalEmployeeCnt |
| Total Volunteers | 168 | TotalVolunteersCnt |
| Total Gross UBI | $2,374,397 | TotalGrossUBIAmt |
| Net Unrelated Bus Txbl Incm | $0 | NetUnrelatedBusTxblIncmAmt |
| PY Contributions Grants | $20,574,551 | PYContributionsGrantsAmt |
| CY Contributions Grants | $28,062,563 | CYContributionsGrantsAmt |
| PY Program Service Revenue | $5,936,073 | PYProgramServiceRevenueAmt |
| CY Program Service Revenue | $7,035,108 | CYProgramServiceRevenueAmt |
| PY Investment Income | $18,951,570 | PYInvestmentIncomeAmt |
| CY Investment Income | $9,886,709 | CYInvestmentIncomeAmt |
| PY Other Revenue | $5,389,629 | PYOtherRevenueAmt |
| CY Other Revenue | $5,071,666 | CYOtherRevenueAmt |
| PY Total Revenue | $50,851,823 | PYTotalRevenueAmt |
| CY Total Revenue | $50,056,046 | CYTotalRevenueAmt |
| PY Grants And Similar Paid | $0 | PYGrantsAndSimilarPaidAmt |
| CY Grants And Similar Paid | $900 | CYGrantsAndSimilarPaidAmt |
| PY Benefits Paid To Members | $0 | PYBenefitsPaidToMembersAmt |
| CY Benefits Paid To Members | $0 | CYBenefitsPaidToMembersAmt |
| PY Salaries Comp Emp Bnft Paid | $12,258,463 | PYSalariesCompEmpBnftPaidAmt |
| CY Salaries Comp Emp Bnft Paid | $12,184,600 | CYSalariesCompEmpBnftPaidAmt |
| PY Total Prof Fndrsng Expns | $0 | PYTotalProfFndrsngExpnsAmt |
| CY Total Prof Fndrsng Expns | $0 | CYTotalProfFndrsngExpnsAmt |
| CY Total Fundraising Expense | $0 | CYTotalFundraisingExpenseAmt |
| PY Other Expenses | $19,271,312 | PYOtherExpensesAmt |
| CY Other Expenses | $24,933,247 | CYOtherExpensesAmt |
| PY Total Expenses | $31,529,775 | PYTotalExpensesAmt |
| CY Total Expenses | $37,118,747 | CYTotalExpensesAmt |
| PY Revenues Less Expenses | $19,322,048 | PYRevenuesLessExpensesAmt |
| CY Revenues Less Expenses | $12,937,299 | CYRevenuesLessExpensesAmt |
| Total Assets BOY | $450,019,790 | TotalAssetsBOYAmt |
| Total Assets EOY | $497,823,628 | TotalAssetsEOYAmt |
| Total Liabilities BOY | $69,228,252 | TotalLiabilitiesBOYAmt |
| Total Liabilities EOY | $68,530,797 | TotalLiabilitiesEOYAmt |
| Net Assets Or Fund Balances BOY | $380,791,538 | NetAssetsOrFundBalancesBOYAmt |
| Net Assets Or Fund Balances EOY | $429,292,831 | NetAssetsOrFundBalancesEOYAmt |
| Info In Schedule O Part III | Yes (X) | InfoInScheduleOPartIIIInd |
| Mission | OPERATION OF CANTIGNY PARK, GOLF, MCCORMICK HOUSE AND FIRST DIVISION MUSEUM IN WHEATON, ILLINOIS. HONOR AND UPHOLD THE LAST WILL AND TESTAMENT OF COL. ROBERT R. MCCORMICK, WHICH PROVIDED THAT HIS FORMER RESIDENCE AND 500 ACRES OF LAND IN WHEATON, (CONTINUED IN SCH O) ILLINOIS BE HELD IN TRUST IN PERPETUITY AS A MUSEUM AND PUBLIC PARK. | MissionDesc |
| Significant New Program Srvc | 0 | SignificantNewProgramSrvcInd |
| Significant Change | 0 | SignificantChangeInd |
| Expense | $28,790,617 | ExpenseAmt |
| Grant | $900 | GrantAmt |
| Revenue | $7,035,108 | RevenueAmt |
| Desc | OPERATION OF CANTIGNY PARK. PARK OPERATIONS INCLUDE A MUSEUM, A 27-HOLE GOLF COURSE, GOLF LEARNING CENTER, 9-HOLE YOUTH GOLF COURSE, CLUBHOUSE, EXTENSIVE GARDENS, A GREENHOUSE, HIKING TRAILS, CHILDREN'S PLAYGROUND, VISITOR CENTER, AND RESTAURANTS. IN 2023, OVER 371,000 VISITORS CAME TO ENJOY CANTIGNY PARK, GOLF, AND FIRST DIVISION MUSEUM. THIS INCLUDES OVER 115,000 VISITORS TO THE FIRST DIVISION MUSEUM. | Desc |
| Total Program Service Expenses | $28,790,617 | TotalProgramServiceExpensesAmt |
| Described In Section501c3 | Yes (1) | DescribedInSection501c3Ind |
| Schedule B Required | Yes (1) | ScheduleBRequiredInd |
| Political Campaign Acty | 0 | PoliticalCampaignActyInd |
| Lobbying Activities | 0 | LobbyingActivitiesInd |
| Subject To Proxy Tax | 0 | SubjectToProxyTaxInd |
| Donor Advised Fund | 0 | DonorAdvisedFundInd |
| Conservation Easements | 0 | ConservationEasementsInd |
| Collections Of Art | Yes (1) | CollectionsOfArtInd |
| Credit Counseling | 0 | CreditCounselingInd |
| Donor Rstr Or Quasi Endowments | 0 | DonorRstrOrQuasiEndowmentsInd |
| Report Land Building Equipment | Yes (1) | ReportLandBuildingEquipmentInd |
| Report Investments Other Sec | Yes (1) | ReportInvestmentsOtherSecInd |
| Report Program Related Invst | 0 | ReportProgramRelatedInvstInd |
| Report Other Assets | 0 | ReportOtherAssetsInd |
| Report Other Liabilities | Yes (1) | ReportOtherLiabilitiesInd |
| Include FIN48 Footnote | Yes (1) | IncludeFIN48FootnoteInd |
| Independent Audit Fincl Stmt | 0 | IndependentAuditFinclStmtInd |
| Consolidated Audit Fincl Stmt | Yes (1) | ConsolidatedAuditFinclStmtInd |
| School Operating | 0 | SchoolOperatingInd |
| Foreign Office | 0 | ForeignOfficeInd |
| Foreign Activities | Yes (1) | ForeignActivitiesInd |
| More Than5000 K To Org | 0 | MoreThan5000KToOrgInd |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividualsInd |
| Professional Fundraising | 0 | ProfessionalFundraisingInd |
| Fundraising Activities | 0 | FundraisingActivitiesInd |
| Gaming Activities | 0 | GamingActivitiesInd |
| Operate Hospital | 0 | OperateHospitalInd |
| Grants To Organizations | 0 | GrantsToOrganizationsInd |
| Grants To Individuals | 0 | GrantsToIndividualsInd |
| Schedule J Required | Yes (1) | ScheduleJRequiredInd |
| Tax Exempt Bonds | Yes (1) | TaxExemptBondsInd |
| Invest Tax Exempt Bonds | 0 | InvestTaxExemptBondsInd |
| Escrow Account | 0 | EscrowAccountInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Engaged In Excess Benefit Trans | 0 | EngagedInExcessBenefitTransInd |
| PY Excess Benefit Trans | 0 | PYExcessBenefitTransInd |
| Loan Outstanding | 0 | LoanOutstandingInd |
| Grant To Related Person | 0 | GrantToRelatedPersonInd |
| Business Rln With Org Mem | 0 | BusinessRlnWithOrgMemInd |
| Business Rln With Fam Mem | 0 | BusinessRlnWithFamMemInd |
| Business Rln With35 Ctrl Ent | 0 | BusinessRlnWith35CtrlEntInd |
| Deductible Non Cash Contri | 0 | DeductibleNonCashContriInd |
| Deductible Art Contribution | 0 | DeductibleArtContributionInd |
| Terminate Operations | 0 | TerminateOperationsInd |
| Partial Liquidation | 0 | PartialLiquidationInd |
| Disregarded Entity | 0 | DisregardedEntityInd |
| Related Entity | Yes (1) | RelatedEntityInd |
| Related Organization Ctrl Ent | 0 | RelatedOrganizationCtrlEntInd |
| Trnsfr Exmpt Non Chrtbl Rltd Org | 0 | TrnsfrExmptNonChrtblRltdOrgInd |
| Activities Conducted Prtshp | 0 | ActivitiesConductedPrtshpInd |
| Schedule O Required | Yes (1) | ScheduleORequiredInd |
| IRP Document | 90 | IRPDocumentCnt |
| IRP Document W2 G | 0 | IRPDocumentW2GCnt |
| Backup Wthld Compliance | Yes (1) | BackupWthldComplianceInd |
| Employee | 206 | EmployeeCnt |
| Employment Tax Returns Filed | Yes (1) | EmploymentTaxReturnsFiledInd |
| Unrelated Bus Incm Over Limit | Yes (1) | UnrelatedBusIncmOverLimitInd |
| Form990 T Filed | Yes (1) | Form990TFiledInd |
| Foreign Financial Account | 0 | ForeignFinancialAccountInd |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTransInd |
| Taxable Party Notification | 0 | TaxablePartyNotificationInd |
| Nondeductible Contributions | 0 | NondeductibleContributionsInd |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributionsInd |
| Form8282 Property Disposed Of | 0 | Form8282PropertyDisposedOfInd |
| Rcv Fnds To Pay Prsnl Bnft Cntrct | 0 | RcvFndsToPayPrsnlBnftCntrctInd |
| Pay Premiums Prsnl Bnft Cntrct | 0 | PayPremiumsPrsnlBnftCntrctInd |
| Indoor Tanning Services | 0 | IndoorTanningServicesInd |
| Subj To Tax Rmnrtn Ex Prcht Pymt | 0 | SubjToTaxRmnrtnExPrchtPymtInd |
| Subject To Excs Tax Net Invst Inc | 0 | SubjectToExcsTaxNetInvstIncInd |
| Info In Schedule O Part VI | Yes (X) | InfoInScheduleOPartVIInd |
| Governing Body Voting Members | 6 | GoverningBodyVotingMembersCnt |
| Independent Voting Member | 6 | IndependentVotingMemberCnt |
| Family Or Business Rln | 0 | FamilyOrBusinessRlnInd |
| Delegation Of Mgmt Duties | Yes (1) | DelegationOfMgmtDutiesInd |
| Change To Org Documents | 0 | ChangeToOrgDocumentsInd |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuseInd |
| Members Or Stockholders | 0 | MembersOrStockholdersInd |
| Election Of Board Members | 0 | ElectionOfBoardMembersInd |
| Decisions Subject To Approva | 0 | DecisionsSubjectToApprovaInd |
| Minutes Of Governing Body | Yes (1) | MinutesOfGoverningBodyInd |
| Minutes Of Committees | Yes (1) | MinutesOfCommitteesInd |
| Officer Mailing Address | 0 | OfficerMailingAddressInd |
| Local Chapters | 0 | LocalChaptersInd |
| Form990 Provided To Gvrn Body | Yes (1) | Form990ProvidedToGvrnBodyInd |
| Conflict Of Interest Policy | Yes (1) | ConflictOfInterestPolicyInd |
| Annual Disclosure Covered Prsn | Yes (1) | AnnualDisclosureCoveredPrsnInd |
| Regular Monitoring Enfrc | Yes (1) | RegularMonitoringEnfrcInd |
| Whistleblower Policy | Yes (1) | WhistleblowerPolicyInd |
| Document Retention Policy | Yes (1) | DocumentRetentionPolicyInd |
| Compensation Process CEO | Yes (1) | CompensationProcessCEOInd |
| Compensation Process Other | Yes (1) | CompensationProcessOtherInd |
| Investment In Joint Venture | 0 | InvestmentInJointVentureInd |
| States Where Copy Of Return Is Fld | IL | StatesWhereCopyOfReturnIsFldCd |
| Own Website | Yes (X) | OwnWebsiteInd |
| Upon Request | Yes (X) | UponRequestInd |
Books In Care Of Detail BooksInCareOfDetail
Business Name BusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ERNETTA ROPER CONTROLLER | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Phone | 3124455000 | PhoneNum |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 1 S 151 WINFIELD ROAD | AddressLine1Txt |
| City | WHEATON | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60189 | ZIPCd |
Form990 Part VII Section A Form990PartVIISectionAGrp (16 entries)
| TitleTitleTxt | Average Hours Per WeekAverageHoursPerWeekRt | Average Hours Per Week Rltd OrgAverageHoursPerWeekRltdOrgRt | Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd | OfficerOfficerInd | Reportable Comp From OrgReportableCompFromOrgAmt | Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt | Other CompensationOtherCompensationAmt | Key EmployeeKeyEmployeeInd | Highest Compensated EmployeeHighestCompensatedEmployeeInd |
|---|---|---|---|---|---|---|---|---|---|
| DENNIS FITZSIMONS | |||||||||
| CHAIRMAN OF THE BOARD | 2.00 | 2.00 | Yes (X) | Yes (X) | $27,500 | $27,500 | $0 | ||
| LEE HENDERSON | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $27,500 | $27,500 | $0 | |||
| RUTHELLYN MUSIL | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $27,500 | $27,500 | $0 | |||
| WILLIAM MCCLEAN | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $27,500 | $27,500 | $0 | |||
| CELENA ROLDAN | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $27,500 | $27,500 | $0 | |||
| SCOTT SMITH | |||||||||
| DIRECTOR | 2.00 | 2.00 | Yes (X) | $27,500 | $27,500 | $0 | |||
| TIMOTHY KNIGHT | |||||||||
| CEO & PRESIDENT | 12.00 | 28.00 | Yes (X) | $233,244 | $544,236 | $44,199 | |||
| CARLA BEAL | |||||||||
| CIO & TREASURER | 8.00 | 32.00 | Yes (X) | $100,185 | $400,741 | $43,599 | |||
| KIMBERELY TYLER | |||||||||
| CFO (THRU 11/2023) | 24.00 | 16.00 | Yes (X) | $170,832 | $113,888 | $20,956 | |||
| ANDRES TORRES | |||||||||
| VP-STRAT., PLANNING, OPS; SEC. | 16.00 | 24.00 | Yes (X) | $103,218 | $154,826 | $34,403 | |||
| OSCAR REGALADO | |||||||||
| VP OF HUMAN RESOURCES | 16.00 | 24.00 | $104,216 | $156,325 | $32,260 | Yes (X) | |||
| DAVID GRANAT | |||||||||
| FORMER CIO | 5.00 | 25.00 | $35,336 | $176,676 | $26,965 | Yes (X) | |||
| MATTHEW LAFOND | |||||||||
| EXECUTIVE DIRECTOR, CANTIGNY PARK | 40.00 | 0.00 | $204,991 | $0 | $54,531 | Yes (X) | |||
| AKAOSE KACHIKWU | |||||||||
| DIRECTOR OF IT | 40.00 | 0.00 | $180,971 | $0 | $22,319 | Yes (X) | |||
| EDWARD HOLZMAN | |||||||||
| DIRECTOR OF FACILITIES | 40.00 | 0.00 | $160,018 | $0 | $50,225 | Yes (X) | |||
| SCOTT WITTE | |||||||||
| SPECIAL PROJECTS COORDINATOR | 40.00 | 0.00 | $148,281 | $0 | $42,933 | Yes (X) | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | $1,606,292 | TotalReportableCompFromOrgAmt |
| Tot Reportable Comp Rltd Org | $1,711,692 | TotReportableCompRltdOrgAmt |
| Total Other Compensation | $372,390 | TotalOtherCompensationAmt |
| Indiv Rcvd Greater Than100 K | 24 | IndivRcvdGreaterThan100KCnt |
| Former Ofcr Employees Listed | 0 | FormerOfcrEmployeesListedInd |
| Total Comp Greater Than150 K | Yes (1) | TotalCompGreaterThan150KInd |
| Compensation From Other Srcs | 0 | CompensationFromOtherSrcsInd |
Contractor Compensation ContractorCompensationGrp (5 entries)
| Address Line1ContractorAddress/USAddress/AddressLine1Txt | CityContractorAddress/USAddress/CityNm | State AbbreviationContractorAddress/USAddress/StateAbbreviationCd | ZIPContractorAddress/USAddress/ZIPCd | ServicesServicesDesc | CompensationCompensationAmt |
|---|---|---|---|---|---|
| LEC EVENT TECHNOLOGY INC | |||||
| 5300 BELMONT ROAD SUITE 100 | DOWNERS GROVE | IL | 60515 | CHRISTMAS AT CANTIGNY LIGHTING DISPLAY | $607,342 |
| GRANT THORNTON LLP | |||||
| 171 N CLARK ST | CHICAGO | IL | 60601 | ACCOUNTING SERVICES | $515,139 |
| KORN FERRY (US) | |||||
| 1900 AVENUE OF THE STARS SUITE 150 | LOS ANGELES | CA | 90067 | ORGANIZATIONAL CONSULTING | $470,511 |
| QUITNO GOLF DESIGNS INC | |||||
| 245 NORTH ROSE AVENUE | PARK RIDGE | IL | 60068 | DESIGN SERVICES | $244,090 |
| MONTICELLO ASSOCIATES INC | |||||
| 1800 LARIMER STREET SUITE 2100 | DENVER | CO | 80202 | INVESTMENT CONSULTING SERVICES | $150,000 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Cntrct Rcvd Greater Than100 K | 16 | CntrctRcvdGreaterThan100KCnt |
| Related Organizations | $28,057,822 | RelatedOrganizationsAmt |
| All Other Contributions | $4,741 | AllOtherContributionsAmt |
| Total Contributions | $28,062,563 | TotalContributionsAmt |
Program Service Revenue ProgramServiceRevenueGrp (5 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | Related Or Exempt Func IncomeRelatedOrExemptFuncIncomeAmt |
|---|---|---|---|
| GOLF AND GOLF ACADEMY | 713910 | $4,986,031 | $4,986,031 |
| PARK PROGRAMS & EVENTS | 712190 | $807,970 | $807,970 |
| MEMBER FEES & PARKING | 812930 | $774,881 | $774,881 |
| YOUTH LINKS | 713910 | $458,469 | $458,469 |
| MUNICIPAL BOND REVENUE | 531190 | $7,757 | $7,757 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Program Service Revenue | $7,035,108 | TotalProgramServiceRevenueAmt |
Investment Income InvestmentIncomeGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,573,385 | TotalRevenueColumnAmt |
| Exclusion | $8,573,385 | ExclusionAmt |
Gross Rents GrossRentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $863,962 | RealAmt |
Less Rental Expenses LessRentalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $491,353 | RealAmt |
Rental Income Or Loss RentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Real | $372,609 | RealAmt |
Net Rental Income Or Loss NetRentalIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $372,609 | TotalRevenueColumnAmt |
| Exclusion | $372,609 | ExclusionAmt |
Gross Amount Sales Assets GrossAmountSalesAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $137,361,360 | SecuritiesAmt |
| Other | $5,500 | OtherAmt |
Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $136,053,536 | SecuritiesAmt |
| Other | $0 | OtherAmt |
Gain Or Loss GainOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Securities | $1,307,824 | SecuritiesAmt |
| Other | $5,500 | OtherAmt |
Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $1,313,324 | TotalRevenueColumnAmt |
| Exclusion | $1,313,324 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Sales Of Inventory | $6,505,245 | GrossSalesOfInventoryAmt |
| Cost Of Goods Sold | $1,877,886 | CostOfGoodsSoldAmt |
Net Income Or Loss NetIncomeOrLossGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $4,627,359 | TotalRevenueColumnAmt |
| Unrelated Business Revenue | $2,374,397 | UnrelatedBusinessRevenueAmt |
| Exclusion | $2,252,962 | ExclusionAmt |
Other Revenue Misc OtherRevenueMiscGrp (2 entries)
| DescDesc | BusinessBusinessCd | Total Revenue ColumnTotalRevenueColumnAmt | ExclusionExclusionAmt |
|---|---|---|---|
| GIFT CARD REVENUE | 900099 | $42,381 | $42,381 |
| REBATE | 900099 | $20,887 | $20,887 |
Miscellaneous Revenue MiscellaneousRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $8,430 | TotalRevenueColumnAmt |
| Exclusion | $8,430 | ExclusionAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Revenue Total | $71,698 | OtherRevenueTotalAmt |
Total Revenue TotalRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | $50,056,046 | TotalRevenueColumnAmt |
| Related Or Exempt Func Income | $7,035,108 | RelatedOrExemptFuncIncomeAmt |
| Unrelated Business Revenue | $2,374,397 | UnrelatedBusinessRevenueAmt |
| Exclusion | $12,583,978 | ExclusionAmt |
Grants To Domestic Orgs GrantsToDomesticOrgsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $900 | TotalAmt |
| Program Services | $900 | ProgramServicesAmt |
Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,769,597 | TotalAmt |
| Program Services | $1,590,927 | ProgramServicesAmt |
| Management And General | $1,178,670 | ManagementAndGeneralAmt |
Other Salaries And Wages OtherSalariesAndWagesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,144,300 | TotalAmt |
| Program Services | $3,497,952 | ProgramServicesAmt |
| Management And General | $2,646,348 | ManagementAndGeneralAmt |
Pension Plan Contributions PensionPlanContributionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $768,376 | TotalAmt |
| Program Services | $443,245 | ProgramServicesAmt |
| Management And General | $325,131 | ManagementAndGeneralAmt |
Other Employee Benefits OtherEmployeeBenefitsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,942,813 | TotalAmt |
| Program Services | $1,424,419 | ProgramServicesAmt |
| Management And General | $518,394 | ManagementAndGeneralAmt |
Payroll Taxes PayrollTaxesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $559,514 | TotalAmt |
| Program Services | $343,311 | ProgramServicesAmt |
| Management And General | $216,203 | ManagementAndGeneralAmt |
Fees For Services Management FeesForServicesManagementGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $6,660,933 | TotalAmt |
| Program Services | $6,660,933 | ProgramServicesAmt |
Fees For Services Legal FeesForServicesLegalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $108,228 | TotalAmt |
| Management And General | $108,228 | ManagementAndGeneralAmt |
Fees For Services Accounting FeesForServicesAccountingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $117,195 | TotalAmt |
| Management And General | $117,195 | ManagementAndGeneralAmt |
Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $138,185 | TotalAmt |
| Management And General | $138,185 | ManagementAndGeneralAmt |
Fees For Services Other FeesForServicesOtherGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,242,866 | TotalAmt |
| Program Services | $1,119,459 | ProgramServicesAmt |
| Management And General | $1,123,407 | ManagementAndGeneralAmt |
Advertising AdvertisingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $73,707 | TotalAmt |
| Program Services | $61,412 | ProgramServicesAmt |
| Management And General | $12,295 | ManagementAndGeneralAmt |
Office Expenses OfficeExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $1,596,183 | TotalAmt |
| Program Services | $1,326,514 | ProgramServicesAmt |
| Management And General | $269,669 | ManagementAndGeneralAmt |
Information Technology InformationTechnologyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $665,839 | TotalAmt |
| Program Services | $2,115 | ProgramServicesAmt |
| Management And General | $663,724 | ManagementAndGeneralAmt |
Occupancy OccupancyGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $2,007,894 | TotalAmt |
| Program Services | $1,788,076 | ProgramServicesAmt |
| Management And General | $219,818 | ManagementAndGeneralAmt |
Travel TravelGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $169,966 | TotalAmt |
| Program Services | $124,383 | ProgramServicesAmt |
| Management And General | $45,583 | ManagementAndGeneralAmt |
Conferences Meetings ConferencesMeetingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $110,488 | TotalAmt |
| Program Services | $16,210 | ProgramServicesAmt |
| Management And General | $94,278 | ManagementAndGeneralAmt |
Interest InterestGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $3,396,648 | TotalAmt |
| Program Services | $3,396,648 | ProgramServicesAmt |
Depreciation Depletion DepreciationDepletionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $5,510,272 | TotalAmt |
| Program Services | $5,510,272 | ProgramServicesAmt |
Insurance InsuranceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $723,332 | TotalAmt |
| Program Services | $110,245 | ProgramServicesAmt |
| Management And General | $613,087 | ManagementAndGeneralAmt |
Other Expenses OtherExpensesGrp (2 entries)
| DescDesc | TotalTotalAmt | Program ServicesProgramServicesAmt | Management And GeneralManagementAndGeneralAmt |
|---|---|---|---|
| EXHIBITS AND PROGRAMS | $1,206,951 | $1,188,036 | $18,915 |
| DUES & SUBSCRIPTIONS | $39,619 | $20,619 | $19,000 |
All Other Expenses AllOtherExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $164,941 | TotalAmt |
| Program Services | $164,941 | ProgramServicesAmt |
Total Functional Expenses TotalFunctionalExpensesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $37,118,747 | TotalAmt |
| Program Services | $28,790,617 | ProgramServicesAmt |
| Management And General | $8,328,130 | ManagementAndGeneralAmt |
| Fundraising | $0 | FundraisingAmt |
Cash Non Interest Bearing CashNonInterestBearingGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $27,089 | BOYAmt |
| EOY | $91,490 | EOYAmt |
Savings And Temp Cash Invst SavingsAndTempCashInvstGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $125,280,455 | BOYAmt |
| EOY | $116,573,114 | EOYAmt |
Accounts Receivable AccountsReceivableGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $389,204 | BOYAmt |
| EOY | $584,528 | EOYAmt |
Inventories For Sale Or Use InventoriesForSaleOrUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $349,305 | BOYAmt |
| EOY | $361,079 | EOYAmt |
Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $660,353 | BOYAmt |
| EOY | $835,932 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Land Bldg Equip Cost Or Other Bss | $154,073,693 | LandBldgEquipCostOrOtherBssAmt |
| Land Bldg Equip Accum Deprec | $85,471,716 | LandBldgEquipAccumDeprecAmt |
Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,817,004 | BOYAmt |
| EOY | $68,601,977 | EOYAmt |
Investments Pub Traded Sec InvestmentsPubTradedSecGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $6,267,790 | BOYAmt |
| EOY | $45,533,490 | EOYAmt |
Investments Other Securities InvestmentsOtherSecuritiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $241,560,217 | BOYAmt |
| EOY | $256,808,763 | EOYAmt |
Investments Program Related InvestmentsProgramRelatedGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Other Assets Total OtherAssetsTotalGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $5,668,373 | BOYAmt |
| EOY | $8,433,255 | EOYAmt |
Total Assets TotalAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,019,790 | BOYAmt |
| EOY | $497,823,628 | EOYAmt |
Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $10,530,100 | BOYAmt |
| EOY | $9,918,610 | EOYAmt |
Deferred Revenue DeferredRevenueGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $0 | BOYAmt |
| EOY | $0 | EOYAmt |
Tax Exempt Bond Liabilities TaxExemptBondLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $57,642,181 | BOYAmt |
| EOY | $57,678,327 | EOYAmt |
Other Liabilities OtherLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $1,055,971 | BOYAmt |
| EOY | $933,860 | EOYAmt |
Total Liabilities TotalLiabilitiesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $69,228,252 | BOYAmt |
| EOY | $68,530,797 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Organization Follows FASB117 | Yes (X) | OrganizationFollowsFASB117Ind |
No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $379,952,538 | BOYAmt |
| EOY | $428,453,832 | EOYAmt |
Donor Restriction Net Assets DonorRestrictionNetAssetsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $839,000 | BOYAmt |
| EOY | $839,000 | EOYAmt |
Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $380,791,538 | BOYAmt |
| EOY | $429,292,831 | EOYAmt |
Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | $450,019,790 | BOYAmt |
| EOY | $497,823,628 | EOYAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Info In Schedule O Part XI | Yes (X) | InfoInScheduleOPartXIInd |
| Reconcilation Revenue Expnss | $12,937,299 | ReconcilationRevenueExpnssAmt |
| Net Unrlzd Gains Losses Invst | $35,413,994 | NetUnrlzdGainsLossesInvstAmt |
| Other Changes In Net Assets | $150,000 | OtherChangesInNetAssetsAmt |
| Method Of Accounting Accrual | Yes (X) | MethodOfAccountingAccrualInd |
| Accountant Compile Or Review | 0 | AccountantCompileOrReviewInd |
| FS Audited | Yes (1) | FSAuditedInd |
FS Audited Basis FSAuditedBasisGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Consolidated Basis Fincl Stmt | Yes (X) | ConsolidatedBasisFinclStmtInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Audit Committee | Yes (1) | AuditCommitteeInd |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequiredInd |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org509a2 | Yes (X) | PubliclySupportedOrg509a2Ind |
Gifts Grants Contris Rcvd509 GiftsGrantsContrisRcvd509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $16,508,932 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $22,369,302 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $812,594 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $20,574,551 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $28,062,563 | CurrentTaxYearAmt |
| Total | $88,327,942 | TotalAmt |
Gross Receipts Admissions GrossReceiptsAdmissionsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $4,030,760 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $4,464,459 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,808,938 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $5,936,073 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $7,035,108 | CurrentTaxYearAmt |
| Total | $27,275,338 | TotalAmt |
Total509 Total509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $20,539,692 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $26,833,761 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $6,621,532 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $26,510,624 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $35,097,671 | CurrentTaxYearAmt |
| Total | $115,603,280 | TotalAmt |
Amounts Rcvd Dsqlfy Person AmountsRcvdDsqlfyPersonGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Substantial Contributors Amt SubstantialContributorsAmtGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
Subst And Dsqlfy Prsns Tot SubstAndDsqlfyPrsnsTotGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | $0 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total509 | $115,603,280 | PublicSupportTotal509Amt |
Gross Investment Income509 GrossInvestmentIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $8,692,622 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,111,210 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $5,570,079 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $8,780,174 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $13,568,195 | CurrentTaxYearAmt |
| Total | $41,722,280 | TotalAmt |
Post1975 UBTI Post1975UBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $1,798,286 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $171,286 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $2,250,986 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $3,088,120 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $2,374,397 | CurrentTaxYearAmt |
| Total | $9,683,075 | TotalAmt |
Investment Income And UBTI InvestmentIncomeAndUBTIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $10,490,908 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $5,282,496 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $7,821,065 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $11,868,294 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $15,942,592 | CurrentTaxYearAmt |
| Total | $51,405,355 | TotalAmt |
Other Income509 OtherIncome509Grp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus2 Years | $3,096 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $28,813 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $71,698 | CurrentTaxYearAmt |
| Total | $103,607 | TotalAmt |
Total Support Calendar Year TotalSupportCalendarYearGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | $31,030,600 | CurrentTaxYearMinus4YearsAmt |
| Current Tax Year Minus3 Years | $32,116,257 | CurrentTaxYearMinus3YearsAmt |
| Current Tax Year Minus2 Years | $14,445,693 | CurrentTaxYearMinus2YearsAmt |
| Current Tax Year Minus1 Year | $38,407,731 | CurrentTaxYearMinus1YearAmt |
| Current Tax Year | $51,111,961 | CurrentTaxYearAmt |
| Total | $167,112,242 | TotalAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support CY509 | 0.69180 | PublicSupportCY509Pct |
| Public Support PY509 | 0.73790 | PublicSupportPY509Pct |
| Investment Income CY | 0.30760 | InvestmentIncomeCYPct |
| Investment Income PY | 0.26190 | InvestmentIncomePYPct |
| Thirty Thr Pct Suprt Tests CY509 | Yes (X) | ThirtyThrPctSuprtTestsCY509Ind |
Form990 Schedule A Part VI Form990ScheduleAPartVIGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: | FormAndLineReferenceDesc |
| Explanation | GIFT CARD REVENUE - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 42,381. REBATES - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 0. 2022 AMOUNT: $ 0. 2023 AMOUNT: $ 20,887. MISCELLANEOUS REVENUE - 2019 AMOUNT: $ 0. 2020 AMOUNT: $ 0. 2021 AMOUNT: $ 3,096. 2022 AMOUNT: $ 28,813. 2023 AMOUNT: $ 8,430. | ExplanationTxt |
Schedule B IRS990ScheduleB
Contributor Information ContributorInformationGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor | RESTRICTED | ContributorNum |
Contributor Business Name ContributorBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor US Address ContributorUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Contributions | RESTRICTED | TotalContributionsAmt |
Schedule D IRS990ScheduleD
| Field | Value | IRS element (for citing) |
|---|---|---|
| Collection Used Pub Exhibition | Yes (X) | CollectionUsedPubExhibitionInd |
| Coll Used Scholarly Rsrch | Yes (X) | CollUsedScholarlyRsrchInd |
| Collection Used Preservation | Yes (X) | CollectionUsedPreservationInd |
| Solicited Assets Sale | 0 | SolicitedAssetsSaleInd |
Land LandGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $1,323,205 | OtherCostOrOtherBasisAmt |
| Book Value | $1,323,205 | BookValueAmt |
Buildings BuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $55,593,638 | OtherCostOrOtherBasisAmt |
| Depreciation | $40,380,332 | DepreciationAmt |
| Book Value | $15,213,306 | BookValueAmt |
Equipment EquipmentGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $10,766,215 | OtherCostOrOtherBasisAmt |
| Depreciation | $8,692,119 | DepreciationAmt |
| Book Value | $2,074,096 | BookValueAmt |
Other Land Buildings OtherLandBuildingsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Other Cost Or Other Basis | $86,390,635 | OtherCostOrOtherBasisAmt |
| Depreciation | $36,399,265 | DepreciationAmt |
| Book Value | $49,991,370 | BookValueAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Land Buildings | $68,601,977 | TotalBookValueLandBuildingsAmt |
Other Securities OtherSecuritiesGrp (3 entries)
| DescDesc | Book ValueBookValueAmt | Method ValuationMethodValuationCd |
|---|---|---|
| INTERNATIONAL EQUITY INDEX FUND | $84,466,683 | F |
| DOMESTIC EQUITY FUND | $96,427,585 | F |
| HIGH YIELD CREDIT FUND | $75,914,495 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Securities | $256,808,763 | TotalBookValueSecuritiesAmt |
Other Liabilities Org OtherLiabilitiesOrgGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Desc | OPERATING FINANCE LEASE OBLIGATION | Desc |
| Amt | $933,860 | Amt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Liability | $933,860 | TotalLiabilityAmt |
| Footnote Text | Yes (X) | FootnoteTextInd |
Supplemental Information Detail SupplementalInformationDetail (3 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| PART III, LINE 1A: | THE FOUNDATIONS' PERMANENT COLLECTIONS WHICH WERE ACQUIRED THROUGH PURCHASES AND CONTRIBUTIONS FROM BENEFACTORS SINCE THE FOUNDATIONS' INCEPTION, ARE NOT RECOGNIZED AS ASSETS ON THE CONSOLIDATED STATEMENTS OF FINANCIAL POSITION. PURCHASES OF COLLECTION ITEMS ARE RECORDED AS DECREASES IN UNRESTRICTED NET ASSETS IN THE YEAR IN WHICH THE ITEMS ARE ACQUIRED. THE FOUNDATIONS' COLLECTIONS ARE MADE UP OF ARTIFACTS OF HISTORICAL SIGNIFICANCE AND ART OBJECTS THAT ARE HELD FOR EDUCATIONAL, RESEARCH, AND CURATORIAL PURPOSES. EACH OF THE ITEMS IS CATALOGED, PRESERVED, AND CARED FOR, AND ACTIVITIES VERIFYING THEIR EXISTENCE AND ASSESSING THEIR CONDITIONS ARE PERFORMED CONTINUOUSLY. THE COLLECTIONS ARE SUBJECT TO THE FOUNDATIONS' POLICY THAT ALLOWS PROCEEDS FROM THEIR SALES OR INSURANCE RECOVERIES TO BE USED TO ACQUIRE OTHER ITEMS FOR COLLECTIONS OR TO BE RECORDED AS INCREASES IN NET ASSETS. |
| PART III, LINE 4: | THE ROBERT R. MCCORMICK HOUSE MAINTAINS COLLECTIONS THAT DEPICT THE LIFE AND TIMES OF ITS BENEFACTOR, COLONEL ROBERT R. MCCORMICK, AND INCLUDE ITEMS, SUCH AS ART, BOOKS, AND FURNITURE, FROM HIS PERSONAL COLLECTION THAT HE ENTRUSTED TO THE FOUNDATION. THE COLLECTIONS OF THE FIRST DIVISION MUSEUM INCLUDE PRIMARILY MEMORABILIA OF THE FIRST INFANTRY DIVISION OF THE UNITED STATES ARMY. THE LAST WILL AND TESTAMENT OF COLONEL MCCORMICK PROVIDED THAT HIS FORMER RESIDENCE AND 500 ACRES OF LAND BE HELD IN TRUST IN PERPETUITY AS A MUSEUM AND PUBLIC PARK. THE DISPLAY OF THESE COLLECTIONS DIRECTLY RELATES TO THE MISSION OF THE FOUNDATION TO HONOR AND UPHOLD THE PROVISIONS OF THE COLONEL'S WILL. |
| PART X, LINE 2: | THE FOUNDATIONS HAVE RECEIVED FAVORABLE DETERMINATION LETTERS FROM THE INTERNAL REVENUE SERVICE STATING THAT THEY ARE EXEMPT FROM FEDERAL INCOME TAXES UNDER THE PROVISIONS OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, EXCEPT FOR INCOME TAXES PERTAINING TO UNRELATED BUSINESS INCOME. THE FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) HAS ISSUED GUIDANCE THAT REQUIRES THE TAX EFFECTS FROM UNCERTAIN TAX POSITIONS TO BE RECOGNIZED IN THE FINANCIAL STATEMENTS ONLY IF THE POSITION IS MORE LIKELY THAN NOT TO BE SUSTAINED IF THE POSITION WERE TO BE CHALLENGED BY A TAXING AUTHORITY. MANAGEMENT HAS DETERMINED THAT THERE ARE NO MATERIAL UNCERTAIN POSITIONS THAT REQUIRE RECOGNITION IN THE CONSOLIDATED FINANCIAL STATEMENTS. A PROVISION FOR UNRELATED BUSINESS INCOME TAXES IS INCLUDED IN THE CONSOLIDATED FINANCIAL STATEMENTS. |
Schedule F IRS990ScheduleF
Account Activities Outside US AccountActivitiesOutsideUSGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | CENTRAL AMERICA AND THE CARIBBEAN | RegionTxt |
| Offices | 0 | OfficesCnt |
| Employee | 0 | EmployeeCnt |
| Type Of Activities Conducted | INVESTMENTS | TypeOfActivitiesConductedTxt |
| Region Total Expenditures | $71,660,833 | RegionTotalExpendituresAmt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Subtotal Offices | 0 | SubtotalOfficesCnt |
| Subtotal Employees | 0 | SubtotalEmployeesCnt |
| Continuation Total Office | 0 | ContinuationTotalOfficeCnt |
| Continuation Total Employee | 0 | ContinuationTotalEmployeeCnt |
| Total Office | 0 | TotalOfficeCnt |
| Total Employee | 0 | TotalEmployeeCnt |
| Subtotal Spent | $71,660,833 | SubtotalSpentAmt |
| Continuation Spent | $0 | ContinuationSpentAmt |
| Total Spent | $71,660,833 | TotalSpentAmt |
| Transfer To Foreign Corp | 0 | TransferToForeignCorpInd |
| Interest In Foreign Trust | 0 | InterestInForeignTrustInd |
| Foreign Corp Ownership | 0 | ForeignCorpOwnershipInd |
| Passive Foreign Investmest Co | 0 | PassiveForeignInvestmestCoInd |
| Foreign Partnership | 0 | ForeignPartnershipInd |
| Boycott Countries | 0 | BoycottCountriesInd |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Housing Allowance Or Residence | Yes (X) | HousingAllowanceOrResidenceInd |
| Club Dues Or Fees | Yes (X) | ClubDuesOrFeesInd |
| Written Policy Ref T And E Expnss | Yes (1) | WrittenPolicyRefTAndEExpnssInd |
| Substantiation Required | Yes (1) | SubstantiationRequiredInd |
| Form990 Of Other Organizations | Yes (X) | Form990OfOtherOrganizationsInd |
| Compensation Survey | Yes (X) | CompensationSurveyInd |
| Board Or Committee Approval | Yes (X) | BoardOrCommitteeApprovalInd |
| Severance Payment | Yes (1) | SeverancePaymentInd |
| Supplemental Nonqual Rtr Plan | 0 | SupplementalNonqualRtrPlanInd |
| Equity Based Comp Arrngm | 0 | EquityBasedCompArrngmInd |
| Comp Based On Revenue Of Flng Org | 0 | CompBasedOnRevenueOfFlngOrgInd |
| Comp Bsd On Rev Related Orgs | 0 | CompBsdOnRevRelatedOrgsInd |
| Comp Bsd Net Earns Flng Org | 0 | CompBsdNetEarnsFlngOrgInd |
| Comp Bsd Net Earns Rltd Orgs | 0 | CompBsdNetEarnsRltdOrgsInd |
| Any Non Fixed Payments | 0 | AnyNonFixedPaymentsInd |
| Initial Contract Exception | 0 | InitialContractExceptionInd |
Rltd Org Officer Trst Key Empl RltdOrgOfficerTrstKeyEmplGrp (10 entries)
| TitleTitleTxt | Base Compensation Filing OrgBaseCompensationFilingOrgAmt | Compensation Based On Rltd OrgsCompensationBasedOnRltdOrgsAmt | Bonus Filing OrganizationBonusFilingOrganizationAmount | Bonus Related OrganizationsBonusRelatedOrganizationsAmt | Other Compensation Filing OrgOtherCompensationFilingOrgAmt | Other Compensation Rltd OrgsOtherCompensationRltdOrgsAmt | Deferred Compensation Flng OrgDeferredCompensationFlngOrgAmt | Deferred Comp Rltd OrgsDeferredCompRltdOrgsAmt | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrgAmt | Nontaxable Benefits Rltd OrgsNontaxableBenefitsRltdOrgsAmt | Total Compensation Filing OrgTotalCompensationFilingOrgAmt | Total Compensation Rltd OrgsTotalCompensationRltdOrgsAmt | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrgAmt | Comp Report Prior990 Rltd OrgsCompReportPrior990RltdOrgsAmt |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| TIMOTHY KNIGHT | ||||||||||||||
| CEO & PRESIDENT | $225,256 | $525,598 | $0 | $0 | $7,988 | $18,638 | $10,730 | $25,038 | $2,529 | $5,902 | $246,503 | $575,176 | $0 | $0 |
| CARLA BEAL | ||||||||||||||
| CIO & TREASURER | $97,260 | $389,041 | $0 | $0 | $2,925 | $11,700 | $7,154 | $28,614 | $1,566 | $6,265 | $108,905 | $435,620 | $0 | $0 |
| KIMBERELY TYLER | ||||||||||||||
| CFO (THRU 11/2023) | $104,742 | $69,828 | $0 | $0 | $66,090 | $44,060 | $17,968 | $11,979 | $2,988 | $1,992 | $191,788 | $127,859 | $0 | $0 |
| OSCAR REGALADO | ||||||||||||||
| VP OF HUMAN RESOURCES | $95,366 | $143,050 | $0 | $0 | $8,850 | $13,275 | $10,371 | $15,557 | $2,533 | $3,799 | $117,120 | $175,681 | $0 | $0 |
| ANDRES TORRES | ||||||||||||||
| VP-STRAT., PLANNING, OPS; SEC. | $94,050 | $141,075 | $0 | $0 | $9,168 | $13,751 | $10,371 | $15,557 | $3,390 | $5,085 | $116,979 | $175,468 | $0 | $0 |
| MATTHEW LAFOND | ||||||||||||||
| EXECUTIVE DIRECTOR, CANTIGNY PARK | $190,366 | $0 | $0 | $0 | $14,625 | $0 | $20,300 | $0 | $34,231 | $0 | $259,522 | $0 | $0 | $0 |
| DAVID GRANAT | ||||||||||||||
| FORMER CIO | $32,898 | $164,488 | $0 | $0 | $2,438 | $12,188 | $3,256 | $16,281 | $1,238 | $6,190 | $39,830 | $199,147 | $0 | $0 |
| EDWARD HOLZMAN | ||||||||||||||
| DIRECTOR OF FACILITIES | $160,018 | $0 | $0 | $0 | $0 | $0 | $15,372 | $0 | $34,853 | $0 | $210,243 | $0 | $0 | $0 |
| AKAOSE KACHIKWU | ||||||||||||||
| DIRECTOR OF IT | $180,971 | $0 | $0 | $0 | $0 | $0 | $17,903 | $0 | $4,416 | $0 | $203,290 | $0 | $0 | $0 |
| SCOTT WITTE | ||||||||||||||
| SPECIAL PROJECTS COORDINATOR | $148,281 | $0 | $0 | $0 | $0 | $0 | $14,252 | $0 | $28,681 | $0 | $191,214 | $0 | $0 | $0 |
Supplemental Information Detail SupplementalInformationDetail
| Field | Value | IRS element (for citing) |
|---|---|---|
| Form And Line Reference | SCHEDULE J, PART I, LINE 1A: | FormAndLineReferenceDesc |
| Explanation | IN AN EFFORT TO PROMOTE A HEALTHY LIFESTYLE, REIMBURSEMENT OF A PERCENTAGE OF HEALTH CLUB DUES AND INITIATION FEES (WITHIN CERTAIN LIMITS) IS A TAXABLE BENEFIT AVAILABLE TO ALL BENEFIT- ELIGIBLE EMPLOYEES OF THE FOUNDATION. IN 2023, THE CEO & PRESIDENT WAS REIMBURSED FOR SOCIAL CLUB DUES AS THEY RELATED TO FOUNDATION BUSINESS IN ACCORDANCE WITH FOUNDATION POLICY. THE REIMBURSEMENTS WERE NOT TREATED AS TAXABLE COMPENSATION. AS PART OF THE 500 ACRE ESTATE'S MAINTENANCE AND SECURITY PLAN, THE CANTIGNY FOUNDATION PROVIDES HOUSING FOR CERTAIN POSITIONS. BOARD MANDATED RESIDENCY OF THESE POSITIONS IS AN INTEGRAL PART OF THE SECURITY PLAN. THE VALUE OF THIS HOUSING FOR 2023 FOR MATTHEW LAFOND, EXECUTIVE DIRECTOR CANTIGNY PARK WAS $26,400, FOR EDWARD HOLZMAN, DIRECTOR OF FACILITY SERVICES WAS $27,700, FOR SCOTT WITTE, SPECIAL PROJECTS COORIDNATOR WAS $20,600. THE REIMBURSEMENTS WERE NOT TREATED AS TAXABLE COMPENSATION. SCHEDULE J, PART I, LINE 4A: MS. KIM TYLER LEFT THE ORGANIZATION DURING CY23. THE SEVERANCE PAYMENT OF $100,000 IS INCLUDED IN SCHEDULE J, PART II, COLUMN B(III). | ExplanationTxt |
Schedule K IRS990ScheduleK
Tax Exempt Bonds Issues TaxExemptBondsIssuesGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
Issuer Name IssuerName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | A ILLINOIS FINANCE AUTHORITY | BusinessNameLine1Txt |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Issuer EIN | 861091967 | BondIssuerEIN |
| CUSIP | 000000000 | CUSIPNum |
| Bond Issued | 2017-12-27 | BondIssuedDt |
| Issue Price | $58,000,000 | IssuePriceAmt |
| Purpose | BUILDING & LAND IMPROVEMENTS AT CANTIGNY | PurposeDesc |
| Defeased | 0 | DefeasedInd |
| On Behalf Of Issuer | 0 | OnBehalfOfIssuerInd |
| Pool Financing | 0 | PoolFinancingInd |
Tax Exempt Bonds Proceeds TaxExemptBondsProceedsGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Total Proceeds | $58,000,000 | TotalProceedsAmt |
| Issuance Costs From Proceeds | $543,418 | IssuanceCostsFromProceedsAmt |
| Capital Expenditures | $57,456,582 | CapitalExpendituresAmt |
| Refunding Tax Exempt Bonds | 0 | RefundingTaxExemptBondsInd |
| Refunding Taxable Bonds | 0 | RefundingTaxableBondsInd |
| Final Allocation Made | 0 | FinalAllocationMadeInd |
| Adequate Books And Rec Maint | Yes (1) | AdequateBooksAndRecMaintInd |
Tax Exempt Bonds Private Bus Use TaxExemptBondsPrivateBusUseGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Owning Bond Financed Property | 0 | OwningBondFinancedPropertyInd |
| Any Lease Arrangements | 0 | AnyLeaseArrangementsInd |
| Mgmt Contract Bond Fincd Prop | Yes (1) | MgmtContractBondFincdPropInd |
| Engage Bond Counsel Contracts | Yes (1) | EngageBondCounselContractsInd |
| Any Research Agreements | 0 | AnyResearchAgreementsInd |
| Bond Iss Meet Prvt Sec Pymt Test | 0 | BondIssMeetPrvtSecPymtTestInd |
| Change In Use Bond Financed Prop | 0 | ChangeInUseBondFinancedPropInd |
| Procs Nonqualified Bond Remdtd | Yes (1) | ProcsNonqualifiedBondRemdtdInd |
Tax Exempt Bonds Arbitrage TaxExemptBondsArbitrageGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Form8038 T Filed | 0 | Form8038TFiledInd |
| Rebate Not Due Yet | Yes (1) | RebateNotDueYetInd |
| Exception To Rebate | 0 | ExceptionToRebateInd |
| No Rebate Due | 0 | NoRebateDueInd |
| Variable Rate Issue | Yes (1) | VariableRateIssueInd |
| Hedge Identified In Bks And Rec | 0 | HedgeIdentifiedInBksAndRecInd |
| Gross Proceeds Invested In GIC | 0 | GrossProceedsInvestedInGICInd |
| Gross Proceeds Invested | 0 | GrossProceedsInvestedInd |
| Written Proc To Monitor Reqs | Yes (1) | WrittenProcToMonitorReqsInd |
Procedures Corrective Action ProceduresCorrectiveActionGrp
| Field | Value | IRS element (for citing) |
|---|---|---|
| Bond Reference | A | BondReferenceCd |
| Procedures Corrective Action | Yes (1) | ProceduresCorrectiveActionInd |
Schedule O IRS990ScheduleO
Supplemental Information Detail SupplementalInformationDetail (6 entries)
| Form And Line ReferenceFormAndLineReferenceDesc | ExplanationExplanationTxt |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 3 | CANTIGNY FOUNDATION HAS RETAINED KEMPER SPORTS MANAGEMENT, INC., AN UNRELATED PROFESSIONAL SERVICE PROVIDER, TO OPERATE AND MANAGE THE CANTIGNY GOLF AND FOOD AND BEVERAGE OPERATIONS UNDER CANTIGNY FOUNDATION'S SUPERVISION AND CONTROL. ALL OF KEMPER'S SERVICES MUST BE PERFORMED IN A MANNER THAT FURTHERS THE FOUNDATION'S CHARITABLE AND TAX-EXEMPT PURPOSES, AS DETERMINED IN THE SOLE DISCRETION OF THE FOUNDATION, AND THAT PRINCIPLE SHALL AT ALL TIMES OVERRIDE ANY PROFIT MOTIVE OF KEMPER SPORTS MANAGEMENT, INC. THE AGREEMENT HAS A SEVEN-YEAR TERM WITH OPTIONS FOR EXTENSION AND CERTAIN EARLY TERMINATION RIGHTS. THE FACILITIES REMAIN THE ASSETS OF THE FOUNDATION, AND THE REVENUES AND MOST EXPENSES CONTINUE TO BE THE FOUNDATION'S; HOWEVER, THE EMPLOYEES OF THE GOLF AND FOOD AND BEVERAGE OPERATIONS ARE KEMPER EMPLOYEES. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE FORM 990 IS PREPARED BY AN INDEPENDENT ACCOUNTING FIRM, GRANT THORNTON, IN CONJUNCTION WITH MANAGEMENT. AFTER THE FORM 990 HAS BEEN COMPLETED, THE PRESIDENT & CEO REVIEWS THE DOCUMENT. IF THE PRESIDENT & CEO IS SATISFIED THAT THE RETURN HAS BEEN ACCURATELY COMPLETED IN ACCORDANCE WITH IRS INSTRUCTIONS, THE RETURN IS REVIEWED FOR IRS COMPLIANCE BY THE FOUNDATION'S LEGAL COUNSEL. BEFORE FILING THE RETURN, THE SIGNIFICANT 990 COMPONENTS AND FORM CHANGES ARE SUMMARIZED FOR THE AUDIT COMMITTEE OF THE BOARD OF DIRECTORS, WHICH REVIEWS THE DRAFT RETURN BEFORE IT IS SHARED WITH THE FULL BOARD OF DIRECTORS. THE PRESIDENT & CEO AND THE TAX PREPARER DISCUSS AND REVIEW THE 990 TAX RETURN WITH MANAGEMENT, AND A COPY OF THE RETURN IS PROVIDED TO THE BOARD OF DIRECTORS IN ADVANCE OF FILING. |
| FORM 990, PART VI, SECTION B, LINE 12C | ANNUALLY, THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND ANNUAL DISCLOSURE STATEMENTS ARE DISTRIBUTED TO ALL BENEFIT-ELIGIBLE EMPLOYEES AND BOARD MEMBERS. CONFLICT OF INTEREST DISCLOSURE STATEMENTS MUST BE COMPLETED EACH YEAR BY ALL BENEFIT-ELIGIBLE EMPLOYEES AND DIRECTORS AND RETURNED TO THE VICE PRESIDENT OF HUMAN RESOURCES (COMPLIANCE OFFICER) FOR REVIEW. IF THE COMPLIANCE OFFICER DETERMINES THERE IS IN FACT A CONFLICT OF INTEREST INVOLVING AN EMPLOYEE, THE MATTER IS DISCLOSED TO THE BOARD OF DIRECTORS. CONFLICTS IDENTIFIED INVOLVING A BOARD MEMBER ARE REFERRED TO LEGAL COUNSEL. ADDITIONALLY, THROUGHOUT THE YEAR, ANY THIRD-PARTY INTERACTIONS THAT MAY GIVE RISE TO THE APPEARANCE OF A CONFLICT OF INTEREST MUST BE REPORTED TO THE COMPLIANCE OFFICER WITHIN ONE WEEK OF OCCURRENCE. |
| FORM 990, PART VI, SECTION B, LINE 15 | THE CEO MAKES SALARY RECOMMENDATIONS FOR OFFICERS AND KEY EMPLOYEES TO THE BOARD OF DIRECTORS BASED ON PERFORMANCE EVALUATIONS, COST OF LIVING CHANGES, MARKET COMPARABILITY DATA AND BUDGET CONSTRAINTS. PROFILES ARE PREPARED FOR EACH OFFICER AND KEY EMPLOYEE INCLUDING THE INDIVIDUAL'S CURRENT SALARY, PERFORMANCE SUMMARY, MARKET COMPARABILITY DATA, AND RECOMMENDED SALARY FOR THE FOLLOWING YEAR. THE BOARD REVIEWS THE PROFILES AND APPROVES/DISAPPROVES THE RECOMMENDATIONS. HUMAN RESOURCES PREPARES A PROFILE FOR THE CEO POSITION; HOWEVER, NO SALARY RECOMMENDATION IS MADE. THE BOARD REVIEWS THE CEO PROFILE, WHICH INCLUDES MARKET COMPARABILITY, AND DISCUSSES IT ALONG WITH PERFORMANCE AND BUDGET AND AGREES ON AN ANNUAL SALARY FOR THE CEO. THE BOARD COMMUNICATES IN WRITING VIA EMAIL TO HUMAN RESOURCES THE SALARY INCREASE FOR THE CEO. THE COMPENSATION PROCESS DESCRIBED ABOVE IS DONE ON AN ANNUAL BASIS. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE FOUNDATION'S CONFLICT OF INTEREST POLICY AND GOVERNING DOCUMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. THE FOUNDATION'S FINANCIAL STATEMENTS ARE AVAILABLE UPON REQUEST AND LOCATED ON ITS WEBSITE. |
| FORM 990, PART XI, LINE 9: | LEGAL EXPENSE REIMBURSEMENT 150,000. |
Schedule R IRS990ScheduleR
Id Related Tax Exempt Org IdRelatedTaxExemptOrgGrp
Disregarded Entity Name DisregardedEntityName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | ROBERT R MCCORMICK FOUNDATION | BusinessNameLine1Txt |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 205 N MICHIGAN AVE SUITE 4300 | AddressLine1Txt |
| City | CHICAGO | CityNm |
| State Abbreviation | IL | StateAbbreviationCd |
| ZIP | 60601 | ZIPCd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 363689171 | EIN |
| Primary Activities | GRANTMAKING | PrimaryActivitiesTxt |
| Legal Domicile State | IL | LegalDomicileStateCd |
| Exempt Code Section | 501(C)(3) | ExemptCodeSectionTxt |
| Public Charity Status | LINE 7 | PublicCharityStatusTxt |
| Direct Controlling NA | N/A | DirectControllingNACd |
| Controlled Organization | 0 | ControlledOrganizationInd |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Annts Rnts Rylts | 0 | ReceiptOfIntAnntsRntsRyltsInd |
| Gift Grnt Or Cap Contri To Oth Org | 0 | GiftGrntOrCapContriToOthOrgInd |
| Gift Grnt Cap Contri From Oth Org | Yes (1) | GiftGrntCapContriFromOthOrgInd |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrgInd |
| Loans Or Guarantees From Oth Org | Yes (1) | LoansOrGuaranteesFromOthOrgInd |
| Div Related Organization | 0 | DivRelatedOrganizationInd |
| Asset Sale To Other Org | 0 | AssetSaleToOtherOrgInd |
| Asset Purchase From Other Org | 0 | AssetPurchaseFromOtherOrgInd |
| Asset Exchange | 0 | AssetExchangeInd |
| Rental Of Facilities To Oth Org | 0 | RentalOfFacilitiesToOthOrgInd |
| Rental Of Fclts From Oth Org | 0 | RentalOfFcltsFromOthOrgInd |
| Perform Of Services For Oth Org | Yes (1) | PerformOfServicesForOthOrgInd |
| Perform Of Services By Other Org | 0 | PerformOfServicesByOtherOrgInd |
| Sharing Of Facilities | Yes (1) | SharingOfFacilitiesInd |
| Paid Employees Sharing | Yes (1) | PaidEmployeesSharingInd |
| Reimbursement Paid To Other Org | Yes (1) | ReimbursementPaidToOtherOrgInd |
| Reimbursement Paid By Other Org | Yes (1) | ReimbursementPaidByOtherOrgInd |
| Transfer To Other Org | 0 | TransferToOtherOrgInd |
| Transfer From Other Org | 0 | TransferFromOtherOrgInd |