STRATEGY STUDIO / PUBLIC DATA EXPLORER

RICHARD SCHOENSTADT MEMORIAL FOUNDATION INC: Form 990EZ, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
RICHARD SCHOENSTADT MEMORIAL FOUNDATION INC (EIN 46-3513229)
Tax period
2024-01-01 to 2024-12-31
Filed
2025-05-14
IRS object ID
202521349349202002
Schema version
2024v5.1
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 ReturnHeader

FieldValueIRS element (for citing)
Return2025-05-14T08:05:22-05:00ReturnTs
Tax Period End2024-12-31TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN131655065PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1LUTZ AND CARR CPAS LLPBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1551 FIFTH AVENUE SUITE 400AddressLine1Txt
CityNEW YORKCityNm
State AbbreviationNYStateAbbreviationCd
ZIP10176ZIPCd
FieldValueIRS element (for citing)
Return Type990EZReturnTypeCd
Tax Period Begin2024-01-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN463513229EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1RICHARD SCHOENSTADT MEMORIAL FOUNDATIONBusinessNameLine1Txt
Business Name Line2INCBusinessNameLine2Txt
FieldValueIRS element (for citing)
Business Name ControlRICHBusinessNameControlTxt
Phone2126972299PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line1CO PUTTERMAN 187 SHERIDAN RDAddressLine1Txt
CityHIGHLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonROSS PUTTERMANPersonNm
Person TitlePRESIDENTPersonTitleTxt
Phone2126972299PhoneNum
Signature2025-05-06SignatureDt
Discuss With Paid PreparerYes (1)DiscussWithPaidPreparerInd
FieldValueIRS element (for citing)
IRS Responsible Prty Info CurrYes (1)IRSResponsiblePrtyInfoCurrInd

Preparer Person PreparerPersonGrp

FieldValueIRS element (for citing)
Preparer PersonJUNHWA CHANGPreparerPersonNm
PTINP01398143PTIN
Phone2126972299PhoneNum
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990-EZ IRS990EZ

FieldValueIRS element (for citing)
Method Of Accounting CashYes (X)MethodOfAccountingCashInd
Schedule B Not RequiredYes (X)ScheduleBNotRequiredInd
Website AddressWWW.RICHARDSFUND.COMWebsiteAddressTxt
Organization501c3Yes (X)Organization501c3Ind
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Gross Receipts$48,481GrossReceiptsAmt
Info In Schedule O Part IYes (X)InfoInScheduleOPartIInd
Contributions Gifts Grants Etc$5,121ContributionsGiftsGrantsEtcAmt
Fundraising Gross Income$43,360FundraisingGrossIncomeAmt
Special Events Net Income Loss$43,360SpecialEventsNetIncomeLossAmt
Total Revenue$48,481TotalRevenueAmt
Grants And Similar Amounts Paid$40,000GrantsAndSimilarAmountsPaidAmt
Fees And Other Pymt To Ind Cntrct$1,387FeesAndOtherPymtToIndCntrctAmt
Other Expenses Total$780OtherExpensesTotalAmt
Total Expenses$42,167TotalExpensesAmt
Excess Or Deficit For Year$6,314ExcessOrDeficitForYearAmt
Net Assets Or Fund Balances BOY$38,788NetAssetsOrFundBalancesBOYAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Net Assets Or Fund Balances EOY$45,102NetAssetsOrFundBalancesEOYAmt

Cash Savings And Investments CashSavingsAndInvestmentsGrp

FieldValueIRS element (for citing)
BOY$38,788BOYAmt
EOY$45,102EOYAmt

Form990 Total Assets Form990TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$38,788BOYAmt
EOY$45,102EOYAmt

Sum Of Total Liabilities SumOfTotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$0EOYAmt

Net Assets Or Fund Balances NetAssetsOrFundBalancesGrp

FieldValueIRS element (for citing)
BOY$38,788BOYAmt
EOY$45,102EOYAmt
FieldValueIRS element (for citing)
Info In Schedule O Part IIIYes (X)InfoInScheduleOPartIIIInd
Primary Exempt PurposeTHE 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.PrimaryExemptPurposeTxt

Program Srvc Accomplishment ProgramSrvcAccomplishmentGrp

FieldValueIRS element (for citing)
Description Program Srvc AccomRICHARD 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.DescriptionProgramSrvcAccomTxt
Grants And Allocations$0GrantsAndAllocationsAmt
Program Service Expenses$0ProgramServiceExpensesAmt

Officer Director Trustee Empl OfficerDirectorTrusteeEmplGrp (3 entries)

TitleTitleTxtAverage Hrs Per Wk Devoted To PosAverageHrsPerWkDevotedToPosRtCompensationCompensationAmtEmployee Benefit ProgramEmployeeBenefitProgramAmtExpense Account Other AllwncExpenseAccountOtherAllwncAmt
ROSS PUTTERMAN
PRESIDENT, DIRECTOR, CEO,2.00$0$0$0
MATTHEW GROSSBERG
VICE-CHAIRMAN, SECRETARY,0.00$0$0$0
CARYN PUTTERMAN
CFO0.00$0$0$0
FieldValueIRS element (for citing)
Info In Schedule O Part VYes (X)InfoInScheduleOPartVInd
Activities Not Previously Rpt0ActivitiesNotPreviouslyRptInd
Chg Made To Orgnzng Doc Not Rpt0ChgMadeToOrgnzngDocNotRptInd
Organization Had UBI0OrganizationHadUBIInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Organization Dissolved Etc0OrganizationDissolvedEtcInd
Direct Indirect Pltcl Expend$0DirectIndirectPltclExpendAmt
Made Loans To From Officers0MadeLoansToFromOfficersInd
Tax Imposed Under IRC4911$0TaxImposedUnderIRC4911Amt
Tax Imposed Under IRC4912$0TaxImposedUnderIRC4912Amt
Tax Imposed Under IRC4955$0TaxImposedUnderIRC4955Amt
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
Tax Imposed On Organization Mgr$0TaxImposedOnOrganizationMgrAmt
Tax Reimbursed By Organization$0TaxReimbursedByOrganizationAmt
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1ROSS PUTTERMANBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line1187 SHERIDAN ROADAddressLine1Txt
CityHIGHLAND PARKCityNm
State AbbreviationILStateAbbreviationCd
ZIP60035ZIPCd
FieldValueIRS element (for citing)
Phone2126972299PhoneNum
FieldValueIRS element (for citing)
Foreign Financial Account0ForeignFinancialAccountInd
Foreign Office0ForeignOfficeInd
Donor Advised Fnds0DonorAdvisedFndsInd
Operate Hospital0OperateHospitalInd
Tanning Services Provided0TanningServicesProvidedInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Transaction With Control Ent0TransactionWithControlEntInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
School Operating0SchoolOperatingInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Part VI Of Comp Of Hghst Pd EmplNONEPartVIOfCompOfHghstPdEmplTxt
Part VI Hghst Pd Cntrct Prof SrvcNONEPartVIHghstPdCntrctProfSrvcTxt
Filed Schedule AYes (1)FiledScheduleAInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
Public Organization170Yes (X)PublicOrganization170Ind

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,400CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,584CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,544CurrentTaxYearMinus1YearAmt
Current Tax Year$5,121CurrentTaxYearAmt
Total$46,349TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$6,400CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$9,700CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$14,584CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$10,544CurrentTaxYearMinus1YearAmt
Current Tax Year$5,121CurrentTaxYearAmt
Total$46,349TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$46,349PublicSupportTotal170Amt
Total Support$46,349TotalSupportAmt
Public Support CY1701.00000PublicSupportCY170Pct
Public Support PY1701.00000PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170Yes (X)ThirtyThrPctSuprtTestsCY170Ind

Schedule G IRS990ScheduleG

Fundraising Event Information FundraisingEventInformationGrp

FieldValueIRS element (for citing)
Event1ELEVENTH ANNUAL FUNDRAISING EVENTEvent1Nm
Gross Receipts Event1$43,360GrossReceiptsEvent1Amt
Charitable Contri Event1$0CharitableContriEvent1Amt
Gross Revenue Event1$43,360GrossRevenueEvent1Amt
Rent Facility Costs Event1$0RentFacilityCostsEvent1Amt
Food And Beverage Event1$0FoodAndBeverageEvent1Amt
Other Direct Expenses Event1$0OtherDirectExpensesEvent1Amt
Gross Receipts Total$43,360GrossReceiptsTotalAmt
Gross Revenue Total Events$43,360GrossRevenueTotalEventsAmt
Net Income Summary$43,360NetIncomeSummaryAmt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (2 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990-EZ, PART I, LINE 10 - GRANTS AND SIMILAR AMOUNTS PAIDACTIVITY 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.
FORM 990-EZ, PART I, LINE 16 - OTHER EXPENSESDESCRIPTION: FILING FEES. AMOUNT: 755. DESCRIPTION: BANK FEES. AMOUNT: 25. TOTAL TO FORM 990-EZ, LINE 16: 780.

Transfer Prsnl Bnft Contracts Decl TransferPrsnlBnftContractsDecl

FieldValueIRS element (for citing)
DeclarationTHE 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.DeclarationDesc