2019-01-28T22:30:08-06:00 2018-06-30 350921680 CROWE LLP 225 West Wacker Drive Suite 2600 Chicago IL 606061224 990 2017-07-01 364094830 Children First Fund The Chicago Public Schools Foundation CHIL 7735534059 42 West Madison Street 2nd Floor Chicago IL 60602 Frank Clark President 2019-01-28 true JENNIFER BURKE P01342224 3128997000 2017 2019-02-21 02:37:17Z Frank Clark 42 West Madison Street 2nd Floor Chicago IL 60602 15857714 false X www.cps.edu/About_CPS/Departments/Pages/ChildrenFirstFundCPSFoundation.aspx X 1996 IL The mission of the Children First Fund: The Chicago Public Schools Foundation is to support the Chicago Public Schools' (CPS) goal of providing a high quality public education for every child, in every neighborhood, that prepares each for success in college, career and civic life. 5 4 0 4 0 0 9938269 16100673 0 0 31637 71587 -15306 -314546 9954600 15857714 6106216 4048935 0 0 0 0 0 0 0 72152 3873992 6178368 7922927 3776232 7934787 11377039 19635272 179930 503376 11197109 19131896 The mission of the Children First Fund: The Chicago Public Schools Foundation is to support the Chicago Public Schools' (CPS) goal of providing a high quality public education for every child, in every neighborhood, that prepares each for success in college, career and civic life. false false 7847064 4048935 -314546 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. 7847064 true true false 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 81 0 true 0 false false false false false false true false false false X 5 4 false false false false true true false true true false false true true true true true true false false false IL X Beatriz A Jimenez 7735534059 42 West Madison Street 2nd Floor Chicago IL 60602 X Frank Clark Director, President 1.0 X X 0 0 0 Mary Cahillane Director, Treasurer 1.0 X X 0 0 0 Alan King Director, Secretary 1.0 X X 0 0 0 Terry Mazany Director 1.0 X 0 0 0 Forrest Claypool Director - thru December 2017 1.0 40.0 X 0 240119 18503 Janice K Jackson Director - December 2017-Present 1.0 40.0 X 0 202761 14577 0 442880 33080 0 false true false Youth Guidance One North LaSalle Street Suite 900 Chicago IL 60602 Social/Emotional Supports and Counseling 157399 JS Technology Solutions Inc 3043 W North Shore Ave Chicago IL 60645 Web Development 155827 The Creative Group 12400 Collections Center Dr Chicago IL 60693 Project Management 116517 Creative Circle LLC PO Box 4100 Chicago IL 606748799 Project Management 105666 Kirsten Chewning 2614 North Burling Chicago IL 60614 CFF Grants Manager 102129 5 0 0 0 0 0 16100673 40620 16100673 0 0 0 0 0 71587 71587 0 0 0 0 0 0 0 0 LOSS ON AMENDED GRANTS 900099 -314546 -314546 0 0 0 0 -314546 15857714 -314546 0 71587 X 3677747 3677747 371188 371188 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2449 0 2449 35070 0 35070 0 0 0 0 0 0 2121202 2121202 0 0 0 0 548222 548222 0 0 0 0 0 0 148443 148443 0 0 204166 204166 0 0 0 0 0 0 3205 0 3205 EQUIPMENT 427780 427780 STUDENT EXPENSES 250732 250732 PROFESSIONAL DEVELOPMENT 97584 97584 Other administrative fees 32574 32574 2565 0 2565 0 7922927 7847064 75863 0 6596145 11439595 4780894 8195677 0 0 0 0 0 0 0 0 0 0 0 11377039 19635272 179930 503376 0 0 0 179930 503376 X 465353 467150 10731756 18664746 0 0 11197109 19131896 11377039 19635272 7934787 0 X true X true X true false X 5542890 4172915 4003382 9938269 16100673 39758129 0 0 5542890 4172915 4003382 9938269 16100673 39758129 5728146 34029983 8833 8320 10962 31637 71587 131339 0 0 0 0 0 0 0 39889468 -1384048 0.8531 0.7814 X 0 X 16367365 195105 0 195105 16172260 -314546 -314546 15857714 8432578 195105 314546 509651 7922927 0 0 7922927 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, 2018 and 2017. CFF does not expect the total amount of unrecognized tax benefit to significantly change in the next 12 months. Schedule D, Part XI, Line 4(b) Other revenues in form 990 not in audited financial statements LOSS ON AMENDED GRANTS - -314546 Schedule D, Part XII, Line 2(d) Other expenses in audited financial statements not in form 990 LOSS ON AMENDED GRANTS - 314546 true Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 653333 At Risk Students Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 482409 Personalized Learning Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 393750 Personalized Learning Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 326667 At Risk Students Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 270000 Personalized Learning Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 245000 Opening Doors Initiative Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 240000 Personalized Learning Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 132000 Healthy CPS Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 117751 Civic Engagement Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 95000 New Chance Arts & Lit - Plamondon Elementary School Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 88585 Lesson Study Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 88000 Teach Chicago 2025 Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 82910 Civic Engagement Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 64330 Kindergarten Fund Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 54400 Student Stipends Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 50000 Financial Education Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 49378 Lesson Study Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 40000 Teach Chicago 2025 Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 40000 Teach Chicago 2025 Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 26191 After School All Stars Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 24971 NL Reads - Kellman Elementary School Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 21661 Student Stipends Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 16195 Demonstration Schools - Hancock HS Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 15000 Financial Education Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 14400 Education Pioneers Summer Fellows Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 10800 Calumet is my Backyard (environmental stewardship project) Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 10000 Civic Engagement Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 7628 Student Stipends Chicago Public Schools 42 West Madison Street Chicago IL 60602 366005821 501(c)(1) 5259 Science Teacher Symposium 0 1 SUZY DENVIR FUND (COLLEGE SCHOLARSHIPS) 29 100900 PHYSICAL EDUCATOR SCHOLARSHIP (COLLEGE SCHOLARSHIPS) 3 70000 CRISIS SUPPORT FUND (BURIAL ASSISTANCE) 40 59354 TOYS FOR TOTS (TOYS) 1931 38620 INVOICE TOYS RICHARDS HS SCHOLARSHIP (COLLEGE SCHOLARSHIP) 6 37250 WF COATS FOR KIDS CAMPAIGN (COATS) 1101 22414 INVOICE COATS CPS DREAM FUND (COLLEGE SCHOLARSHIPS) 7 12500 JUDITH CARUSO SCHOLARSHIP (COLLEGE SCHOLARSHIP) 1 10000 BAXTER ENGINEERING SCHOLARSHIP (COLLEGE SCHOLARSHIP AND CASH AWARDS) 2 10000 E2 COLLEGE FUND (COLLEGE SCHOLARSHIPS) 2 6000 FARMERS MARKET BAG DESIGN CONTEST (COLLEGE SCHOLARSHIPS AND CASH AWARDS) 3 2000 DORA BOURNE (SAVINGS BOND AND CASH AWARD) 2 1050 CPFTA CADET SCHOLARSHIP (SCHOLARSHIP) 4 800 AFTER SCHOOL ALL STARS COORDINATOR OF THE QUARTER (CASH AWARDS) 4 300 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. Children First Fund (CFF) acts as a fiscal agent for special grants and donations given to support the Chicago Public Schools (CPS). CFF reviews, processes, and pays all invoices related to grants, expenditures and other assistance to organizations or individuals for CPS. CFF must receive substantiation prior to reimbursing CPS for grants or expenditures for their programs. Additionally, all receipts are reviewed by CFF to ensure the expenditures are consistent with the purpose for which the grant was given and are intended to support educational opportunities for CPS students. false false false false false false false false false Forrest Claypool Director - thru December 2017 0 240119 0 0 0 0 0 12308 0 6195 0 258622 0 0 Janice K Jackson Director - December 2017-Present 0 202761 0 0 0 0 0 10339 0 4238 0 217338 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation FORREST CLAYPOOL WAS A DIRECTOR ON THE BOARD OF THE FILING ORGANIZATION THROUGH DECEMBER 2017. HE WAS ALSO CEO OF CHICAGO PUBLIC SCHOOLS (CPS), A RELATED ORGANIZATION, AND WAS COMPENSATED BY CPS FOR HIS SERVICES AS CEO. JANICE JACKSON BECAME A DIRECTOR ON THE BOARD OF THE FILING ORGANIZATION IN DECEMBER 2017. SHE ALSO BECAME CEO OF CHICAGO PUBLIC SCHOOLS (CPS), A RELATED ORGANIZATION, IN DECEMBER 2017, 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. X Toys 1931 38620 Other X Supplies 1 2000 Other 0 false true false Schedule M, Part I Explanations of reporting method for number of contributions Other - Toys Number of items received Other - Supplies Amount of contribution Form 990, Part III, Line 4a Program Service Accomplishments CFF supports CPS programs that concentrate on enhancing student achievement 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. FORREST CLAYPOOL IS A DIRECTOR ON THE BOARD OF THE FILING ORGANIZATION. HE IS ALSO CEO OF CHICAGO PUBLIC SCHOOLS (CPS), A RELATED ORGANIZATION, AND IS COMPENSATED BY CPS FOR HIS 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 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 management and the full board perform a detailed preliminary review of the prepared form 990. Subsequent to this review, A full copy of final Form 990 is provided to each member of the governing body for their review 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 not available to the public at this time. Form 990, Part IX, Line 11g Other Fees PROFESSIONAL & CONSULTING FEES - Total Expense: 2121202, Program Service Expense: 2121202, Management and General Expenses: , Fundraising Expenses: ; 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