2021-05-12T18:01:19-05:00 2020-06-30 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2019-07-01 364094830 Children First Fund The Chicago Public Schools Foundation CHIL 7735534059 200 W Madison 2nd Fl Chicago IL 60606 Alan King President 2021-05-12 true Rachel Spurlock P00520729 3128997000 2019 2022-09-23 18:48:47Z X Alan King 200 W Madison 2nd Fl Chicago IL 60606 11460409 false X https://www.childrenfirstfund.org/ X 1996 IL The mission of the Children First Fund is to promote the growth and success of Chicago Public Schools through philanthropy and partnerships. We serve as a knowledge hub and liaison between CPS and its community of partners, including businesses, foundations, and individuals. By matching resources provided by external donors and partners with the students, schools, and staff that need them most, CFF maximizes the impact of CPS' partnerships and advances the CPS Vision. 8 8 0 8 0 0 8968122 11364872 0 0 129603 95537 0 0 9097725 11460409 4534263 3926695 0 0 21601 0 0 1750 4349628 5607453 8883891 9555749 213834 1904660 20326794 22702730 981064 1215608 19345730 21487122 The mission of the Children First Fund is to promote the growth and success of Chicago Public Schools through philanthropy and partnerships. We serve as a knowledge hub and liaison between CPS and its community of partners, including businesses, foundations, and individuals. By matching resources provided by external donors and partners with the students, schools, and staff that need them most, CFF maximizes the impact of CPS' partnerships and advances the CPS Vision. false false 9117536 3926695 0 CFF, established in 1996, is the 501(c)(3) non-profit organization for the Chicago Public Schools (CPS). In this capacity, CFF acts as a fiscal agent for foundation, corporate, and individual contributions to CPS to fund programs that supplement educational opportunities. The CFF mission is to support CPS' ultimate goal of ensuring that every child in every school is on track at every stage in his or her career to graduate prepared for success in postsecondary education and employment. CFF has raised over $100 million for CPS schools and administrative units since its inception. CFF provides fiscal and grants management services for over 300 CPS programs and schools. CFF supports CPS programs that concentrate on enhancing student achievement. 9117536 true true false false false false false false false false false false false false true true false false false false false false false false false false true true true false false false false false false false false true false false false false true false false false true 102 0 true 0 false false false false false false false false false false false false X 8 8 false false true false true true false true true false false true true true true true true false false false IL X Yemisi Odedina 3128834977 200 W Madison Street Chicago IL 60606 X Alan King Director, President 1.0 X X 0 0 0 Frank Clark Director, President through July 2019 1.0 X X 0 0 0 Mary Cahillane Director, Treasurer 1.0 X X 0 0 0 Adam Langsam Director 1.0 X 0 0 0 Alec Litowitz Director 1.0 X 0 0 0 Darrel Hackett Director 1.0 X 0 0 0 Gail Ward Director 1.0 X 0 0 0 Janice K Jackson Director, Ex Officio as of February 2020 1.0 40.0 X 0 254733 18428 Liz Dozier Director 1.0 X 0 0 0 Peter Ellis Director 1.0 X 0 0 0 0 254733 18428 0 false true false Kellogg Center for Nonprofit Management 2001 Sheridan Rd Room 4234 Evanston IL 602082800 Executive Coaching 351730 LEAP Innovations 222 W Merchandise Mart Plaza Suite 2300 Chicago IL 60654 Personalized Learning Training 325875 Maple Grove Objective LLC 53 W Jackson Blvd Suite 1756 Chicago IL 606043714 Consulting 176350 Youth Guidance One North LaSalle Street Suite 900 Chicago IL 60602 Social/Emotional Supports and Counseling 154106 Education First Consulting LLC PO Box 22871 Seattle WA 981220871 Consulting 145000 7 11364872 939045 11364872 0 0 0 0 0 95537 95537 0 0 0 0 0 0 0 0 0 11460409 0 0 95537 X 2410203 2410203 1516492 1516492 15490 15490 390 390 5721 5721 10599 10599 57002 57002 2310155 2033947 276208 0 702280 682868 18862 550 22380 22380 32394 32394 27404 27404 194678 194678 3788 3788 EQUIPMENT 926102 915368 10734 PROFESSIONAL DEVELOPMENT 827333 827333 STUDENT EXPENSES 478270 478270 Membership fees, Licenses, Dues & Subscriptions 11685 5210 5275 1200 3383 3383 0 0 9555749 9117536 436463 1750 16420257 17446450 3906537 5256280 0 0 0 0 0 0 0 0 0 0 0 0 20326794 22702730 981064 1215608 0 0 0 0 981064 1215608 X 677725 551617 18668005 20935505 19345730 21487122 20326794 22702730 X 1904660 236732 X true X true X true false X 4003382 9938269 16100673 8968122 11364872 50375318 0 0 0 0 0 0 0 0 0 0 0 0 4003382 9938269 16100673 8968122 11364872 50375318 4294243 46081075 10962 31637 71587 129603 95537 339326 0 0 0 0 0 0 0 0 0 0 0 0 50714644 -507814 0.9086 0.8437 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 X 12349235 888826 0 888826 11460409 0 0 11460409 10207843 888826 0 888826 9319017 236732 236732 9555749 Schedule D, Part X, Line 2 FIN 48 (ASC 740) footnote CFF is exempt from federal income taxes under Section 501(c)(3) of the Internal Revenue Code and therefore no provision has been made for federal income taxes in the accompanying financial statements. CFF follows guidance with respect to accounting for uncertain tax positions. No provision has been made for income taxes in the accompanying financial statements, as CFF has had no significant unrelated business income. If CFF incurs interest and penalties, CFF recognizes interest and penalties related to unrecognized tax benefits in interest and income tax expense, respectively. CFF has no amounts accrued for interest or penalties as of June 30, 2020 and 2019. CFF does not expect the total amount of unrecognized tax benefit to significantly change in the next 12 months. Schedule D, Part XII, Line 4(b) Other expenses in form 990 not in audited financial statements Reversal of grant expenses - 236732 true Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 1975197 Personnel Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 174590 Student apprenticeship/jobs program Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 229151 COVID relief Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 31265 School grants 0 1 CAREER & TECHNICAL EDUCATION (CASH AWARD) 6 1575 CIVIC ACTION RECOGNITION AWARDS (CASH AWARD) 4 6000 CIVIC ENGAGEMENT INITIATIVE (CASH AWARD) 1 500 COLOR LINE SCHOLARSHIP (COLLEGE SCHOLARSHIPS) 8 20000 COMPASSION FUND (CASH AWARD) 1736 175300 CRISIS SUPPORT FUND (BURIAL ASSISTANCE) 27 26000 DORA BOURNE SCHOLARSHIP (CASH AWARD) 2 1000 CPS DREAM FUND (COLLEGE SCHOLARSHIPS) 23 35500 JUDITH CARUSO SCHOLARSHIP (COLLEGE SCHOLARSHIPS) 2 20000 LEARNWELL 2018-2019 - HEALTHY CPS (CASH AWARD) 1 5675 SUZY DENVIR FUND (COLLEGE SCHOLARSHIPS) 13 25512 CROWN TEACH CHICAGO 2025 (COLLEGE SCHOLARSHIPS) 130 252885 ARCHIE KELLY SMITH (COLLEGE SCHOLARSHIPS) 2 5000 THE DAISY E. SMITH SCHOLARSHIP (COLLEGE SCHOLARSHIPS) 1 2500 Teacher and Student Assistance (furniture, technology, hygiene kits and other ) 2176 939045 INVOICE furniture, technology, hygiene kits and other Schedule I, Part III, Column (b) Estimated Number Of Recipients Teacher and Student Assistance (furniture, technology, hygiene kits and other ) : Number of donations Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Children First Fund (CFF) acts as a fiscal sponsor for philanthropic contributions to support the Chicago Public Schools (CPS). CFF ensures all expenditures are consistent with the purpose identified by the donor and is intended to support educational opportunities for CPS students prior to processing payment. false false false false false false false false false Janice K Jackson Director, Ex Officio as of February 2020 0 254733 0 0 0 0 0 13000 0 5428 0 273161 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE PRESIDENT OF THE CPS BOARD OF DIRECTORS AND THE CHIEF TALENT OFFICER OF CPS REVIEW CEO COMPENSATION. ANY CHANGE IN CEO COMPENSATION IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS OF CPS. X furniture, technology, hygiene kits and other 28 939045 Other - INVOICES 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - furniture, technology, hygiene kits and other Number of contributions Form 990, Part VI, Line 15a Process for Determining Compensation of Top Management Official The Children First Fund (CFF) officers, directors, and trustees are not compensated for their services provided in conjunction with their positions at CFF. Additionally, the filing organization does not have any other officers, key employees, or highest compensated employees meeting the IRS' definition, therefore these questions have been intentionally answered 'No' in accordance with the instructions to the Form 990. Form 990, Part VI, Line 15b Process for Determining Compensation of Other Officers/Directors The Children First Fund (CFF) officers, directors, and trustees are not compensated for their services provided in conjunction with their positions at CFF. Additionally, the filing organization does not have any other officers, key employees, or highest compensated employees meeting the IRS' definition, therefore these questions have been intentionally answered 'No' in accordance with the instructions to the Form 990. JANICE K. JACKSON IS A DIRECTOR ON THE BOARD OF THE FILING ORGANIZATION. SHE IS ALSO CEO OF CHICAGO PUBLIC SCHOOLS (CPS), A RELATED ORGANIZATION, AND IS COMPENSATED BY CPS FOR HER SERVICES AS CEO. THE PRESIDENT OF THE CPS BOARD OF DIRECTORS AND THE CHIEF TALENT OFFICER OF CPS REVIEW CEO COMPENSATION. ANY CHANGE IN CEO COMPENSATION IS REVIEWED AND APPROVED BY THE FULL BOARD OF DIRECTORS OF CPS. Form 990, Part VI, Line 4 Significant changes to organizational documents In February of 2020, the bylaws were amended. The amended bylaws provide for increasing the number of directors to not less than eight and not more than thirteen, including one CPS ex-officio non-voting member of the board, increasing directors' terms from one to three years, and changing meeting schedule of the Board of Directors to three meetings per year. Form 990, Part VI, Line 6 Classes of members or stockholders The Chicago Board of Education has the authority to appoint two members of the CFF Board. With the exception of the two directors appointed by the Board of Education, the Board of Directors shall have the right to remove any director from the Board of Directors at any time, with or without cause. The Board of Education shall have the right to remove either of the two directors it appointed to the Board of Directors from the Board of Directors at any time, with or without cause. Form 990, Part VI, Line 7a Members or stockholders electing members of governing body Please see the narrative to Part VI, Section A, Line 6. Form 990, Part VI, Line 11b Review of form 990 by governing body CFF's leadership team (board and senior staff members) perform a detailed preliminary review of the prepared form 990. Subsequent to this review, a full copy of the final Form 990 is provided to each member of the governing body for their review and vote for approval prior to filing with the IRS. Form 990, Part VI, Line 12c Conflict of interest policy All officers, directors, and trustees are required to disclose annually any potential or actual conflicts that may exist with the organization. The individual is required to voluntarily come forward if he or she is aware of a potential conflict, and each situation is reviewed by the Board to determine if an actual conflict exists. If it is determined an actual conflict of interest exists, the individual with the conflict shall abstain from voting on or advocating a position on any action in which he or she has a conflict of interest. The abstention shall be recorded in the minutes of the meeting at which the issue is under consideration. Form 990, Part VI, Line 19 Required documents available to the public Financial statements, governing documents, and conflict of interest policies are not required disclosures pursuant to Internal Revenue Code (IRC) Section 6104. These documents are made available upon request. Form 990, Part IX, Line 11g Other Fees CONTRACTED SERVICES FOR PROGRAMS - Total Expense: 2033947, Program Service Expense: 2033947, Management and General Expenses: , Fundraising Expenses: ; OTHER PROFESSIONAL & CONSULTING FEES - Total Expense: 276208, Program Service Expense: , Management and General Expenses: 276208, Fundraising Expenses: ; Form 990, Part XI, Line 9 Other changes in net assets or fund balances Reversal of grant expenses - 236732; Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 Education IL 501(c)(1) NA false false true false false false false false false false false false true true true true true true true false