2021-05-13T17:31:25-05:00 2020-12-31 362239746 SASSETTI LLC 6611 NORTH AVENUE OAK PARK IL 60302 990 2020-01-01 371018692 TREE RESEARCH AND EDUCATION ENDOWMENT FUND TREE 6303698300 552 S WASHINGTON STREET NO 109 NAPERVILLE IL 60540 RUSSELL KING PRESIDENT/CEO 6303698300 2021-05-13 1 RUSSELL KING XXX-XX-XXXX JEFF SCHROEDER P01245303 7083861433 2021-05-10 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z RUSSELL KING 552 S WASHINGTON STREET NO 109 NAPERVILLE IL 60540 712212 0 X WWW.TREEFUND.ORG X 1975 IL SUPPORT SUSTAINABLE COMMUNITIES AND ENVIRONMENTAL STEWARDSHIP 14 14 5 20 0 0 696679 665501 12234 12497 0 0 0 0 708913 677998 450504 317725 0 0 356335 304420 0 0 56871 141546 159181 948385 781326 -239472 -103328 5185332 5582083 436640 345192 4748692 5236891 SUPPORT SCIENTIFIC DISCOVERY AND DISSEMINATION OF NEW KNOWLEDGE IN THE FIELDS OF ARBORICULTURE AND URBAN FORESTRY 0 0 510393 297725 12382 TREE FUND PROVIDES DIRECTED AND COMPETITIVE GRANTS TO SCHOLARS AND RESEARCHERS TO CONDUCT PRIMARY AND APPLIED RESEARCH TO INCREASE PRACTICAL KNOWLEDGE AND PROMOTE BEST TECHNIQUES IN ARBORICULTURE, URBAN FORESTRY, AND RELATED PROFESSIONAL FIELDS. IN FY 2020, TREE FUND ISSUED $297,725 IN NEW RESEARCH GRANT FUNDING TO 7 RECIPIENTS IN 7 GRANT LINES WHILE CONTINUING TO MANAGE 14 MULTI-YEAR GRANTS FROM PRIOR FISCAL YEARS. 5000 TREE FUND PROVIDES GRANTS TO CHARITABLE ORGANIZATIONS AND IMPLEMENTS PROGRAMS DESIGNED TO INCREASE AWARENESS OF ARBORICULTURE AND URBAN FORESTRY AMONG THE GENERAL 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 1 COMMUNITY ENGAGEMENT GRANT VALUED AT $5,000, WHILE OFFERING 10 WEBINARS WITH APPROXIMATELY 6,000 ATTENDEES, ADVERTISING WIDELY AROUND THE COUNTRY AND ISSUING A MONTHLY NEWSLETTER TARGETED TO LAY READERS. 20000 20000 TREE FUND PROVIDES SCHOLARSHIPS TO ENCOURAGE COLLEGE STUDENTS TO PURSUE CAREERS IN ARBORICULTURE AND URBAN FORESTRY. IN 2020, TREE FUND ISSUED 4 SCHOLARSHIPS VALUED AT A TOTAL OF $20,000. 535393 1 1 0 0 0 0 0 0 0 1 1 0 0 1 0 1 1 0 0 0 1 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 6 0 1 5 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 X THE ORGANIZATION 6303698300 552 S WASHINGTON STREET NO 109 NAPERVILLE IL 60540 BEAU BRODBECK CHAIRMAN 4.00 X X 0 0 0 SHARON JEAN-PHILIPPE CHAIR-ELECT 4.00 X X 0 0 0 DAVE KRAUSE VICE CHAIR 4.00 X X 0 0 0 RAY HENNING TREASURER 4.00 X X 0 0 0 JACQUES BRUNSWICK TRUSTEE 1.00 X 0 0 0 JEFF EDGAR TRUSTEE 1.00 X 0 0 0 PAUL FLETCHER TRUSTEE 1.00 X 0 0 0 STEVE GEIST TRUSTEE 1.00 X 0 0 0 BRETT HEINRICH TRUSTEE 1.00 X 0 0 0 GEORGE HUDLER TRUSTEE 1.00 X 0 0 0 SHARON LILLY TRUSTEE 1.00 X 0 0 0 RANDY MILLER TRUSTEE 1.00 X 0 0 0 WILL NUTTER TRUSTEE 1.00 X 0 0 0 JIM URBAN TRUSTEE 1.00 X 0 0 0 RUSSELL KING PRESIDENT/CEO 40.00 X 103200 0 8973 103200 0 8973 1 0 0 0 0 117561 74523 473417 16654 665501 GRANT MANAGEMENT FEES 541900 12382 12382 MERCHANDISE SALES 453220 115 115 12497 34214 117561 34214 0 677998 12382 0 115 263638 263638 20000 20000 34087 34087 103200 53349 34863 14988 152179 78669 51410 22100 26345 13619 8900 3826 22696 11805 7627 3264 35400 35400 13436 13436 3584 471 3113 10926 5612 2911 2403 28834 15080 9619 4135 7039 4026 1660 1353 736 294 177 265 11073 5724 3741 1608 MERCHANDISE 20129 13967 6162 BANK CHARGES 15319 15319 COMMUNICATIONS 10795 6514 2994 1287 TELEPHONE 9664 4995 3265 1404 -7754 -9893 1901 238 781326 535393 189062 56871 148619 416077 329339 257976 3948 3874 3678 2944 1470 734 4701956 4903422 5185332 5582083 73991 21577 362649 323615 436640 345192 X -416122 -163215 5164814 5400106 4748692 5236891 5185332 5582083 -103328 591527 0 X X 0 1 X 0 0 X 1031218 1148718 1029160 617503 665501 4492100 1031218 1148718 1029160 617503 665501 4492100 651242 3840858 4492100 818239 0.85500 0.92130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 5044344 72892 608491 417012 16964 5291751 4439820 296550 725175 398205 18996 5044344 4643785 381981 -315651 257047 13248 4439820 3771410 539613 566160 221801 11597 4643785 2927376 663109 191239 10314 3771410 0.95000 0.05000 1 0 3678 2944 734 734 BENEFICIAL INTEREST IN INVESTMENTS HELD BY CHICAGO COMMUNITY TRUST 4903422 4903422 X 1304329 591527 590 34214 626331 677998 0 677998 816130 590 34214 34804 781326 0 781326 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, 2019. 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, 2019. 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 34,214. PART XII, LINE 2D - OTHER ADJUSTMENTS: DIRECT EXPENSES OF SPECIAL EVENTS NETTED AGAINST FUNDRAISING REVENUE 34,214. 1 0 0 0 0 0 0 0 0 0 NORTH AMERICA - CANADA AND MEXICO, BUT NOT THE UNITED STATES RESEARCH 24487 SUB-SAHARAN AFRICA RESEARCH 9600 2 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. PART III ACCOUNTING METHOD: TOUR DE TREES (INCL AUCTION) 151775 117561 34214 34214 151775 117561 34214 34214 34214 0 1 PENNSYLVANIA STATE UNIVERSITY OFFICE OF RESEARCH ACCOUNTING 227 W BEAVER AVENUE STATE COLLEGE PA 16801 501C3 148659 SUPPORT RESEARCH UNIVERSITY OF MASSACHUSETTS 101 UNIVERSITY DRIVE STE B-6 AMHERST MA 01002 501C3 9998 SUPPORT RESEARCH UNIVERSITY OF HAWAII 2440 CAMPUS ROAD BOX 368 HONOLULU HI 96822 501C3 24980 SUPPORT RESEARCH UNIVERSITY OF FLORIDA 1745 MCCARTY DRIVE GAINESVILLE FL 32611 501C3 30000 SUPPORT RESEARCH WEST VIRGINIA UNIVERSITY PO BOX 6192 MORGANTOWN WV 26506 501C3 45000 SUPPORT RESEARCH WESTERN RESERVE LAND CONSERVANCY 3850 CHAGRIN RIVER ROAD MORELAND HILLS OH 44022 501C3 5000 SUPPORT RESEARCH 6 0 SCHOLARSHIPS 4 20000 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 18 UPON WRITTEN REQUEST 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.