FREEPORT COMMUNITY FOUNDATION: Form 990, tax year 2018

View the entire original 990 at ProPublica ↗

Organization: FREEPORT COMMUNITY FOUNDATION (EIN 30-0080762)
Tax period: 2018-01-01 to 2018-12-31
Filed: 2019-06-20
IRS object ID: 201941719349300339
Schema version: 2018v3.1
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 I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Return	2019-06-20T14:48:16-05:00	ReturnTs
Tax Period End	2018-12-31	TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

Field	Value	IRS element (for citing)
Preparer Firm EIN	300003878	PreparerFirmEIN

Preparer Firm Name PreparerFirmName

Field	Value	IRS element (for citing)
Business Name Line1	BENNING GROUP LLC	BusinessNameLine1Txt

Preparer US Address PreparerUSAddress

Field	Value	IRS element (for citing)
Address Line1	50 W DOUGLAS ST STE 801	AddressLine1Txt
City	FREEPORT	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	610324141	ZIPCd

Field	Value	IRS element (for citing)
Return Type	990	ReturnTypeCd
Tax Period Begin	2018-01-01	TaxPeriodBeginDt

Filer Filer

Field	Value	IRS element (for citing)
EIN	300080762	EIN

Business Name BusinessName

Field	Value	IRS element (for citing)
Business Name Line1	FREEPORT COMMUNITY FOUNDATION	BusinessNameLine1Txt

Field	Value	IRS element (for citing)
Business Name Control	FREE	BusinessNameControlTxt

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	524 W STEPHENSON ST SUITE 102	AddressLine1Txt
City	FREEPORT	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	61032	ZIPCd

Business Officer BusinessOfficerGrp

Field	Value	IRS element (for citing)
Person	PAULETTE WILLIAMS-THOMAS	PersonNm
Person Title	VICE PRESIDENT	PersonTitleTxt
Phone	8158013035	PhoneNum
Signature	2019-06-04	SignatureDt
Discuss With Paid Preparer	Yes (true)	DiscussWithPaidPreparerInd

Preparer Person PreparerPersonGrp

Field	Value	IRS element (for citing)
Preparer Person	JENNY L BLOCKER	PreparerPersonNm
PTIN	P00883678	PTIN
Phone	8152353157	PhoneNum
Preparation	2019-06-04	PreparationDt

Filing Security Information FilingSecurityInformation

IP Address IPAddress

Field	Value	IRS element (for citing)
I Pv4 Address	64.88.174.3	IPv4AddressTxt

Field	Value	IRS element (for citing)
IP	2019-06-20	IPDt
IP Tm	14:48:16	IPTm
IP Timezone	CD	IPTimezoneCd
Filing License Type	P	FilingLicenseTypeCd
At Submission Creation Device Id	955CF985ECFF2C475472EE222A422182D8D044B1	AtSubmissionCreationDeviceId
At Submission Filing Device Id	955CF985ECFF2C475472EE222A422182D8D044B1	AtSubmissionFilingDeviceId

Field	Value	IRS element (for citing)
Tax	2018	TaxYr
Build TS	2019-02-21 02:37:17Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Principal Officer	PAULETTE WILLIAMS-THOMAS	PrincipalOfficerNm

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	10 WEST EMPIRE STREET	AddressLine1Txt
City	FREEPORT	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	61032	ZIPCd

Field	Value	IRS element (for citing)
Gross Receipts	$1,062,386	GrossReceiptsAmt
Group Return For Affiliates	false	GroupReturnForAffiliatesInd
Organization501c3	Yes (X)	Organization501c3Ind
Website Address	WWW.FREEPORTCOMMUNITYFOUNDATION.ORG	WebsiteAddressTxt
Type Of Organization Corp	Yes (X)	TypeOfOrganizationCorpInd
Formation	2002	FormationYr
Legal Domicile State	IL	LegalDomicileStateCd
Activity Or Mission	TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS.	ActivityOrMissionDesc
Voting Members Governing Body	11	VotingMembersGoverningBodyCnt
Voting Members Independent	11	VotingMembersIndependentCnt
Total Employee	4	TotalEmployeeCnt
Total Gross UBI	$0	TotalGrossUBIAmt
PY Contributions Grants	$137,744	PYContributionsGrantsAmt
CY Contributions Grants	$470,908	CYContributionsGrantsAmt
CY Program Service Revenue	$0	CYProgramServiceRevenueAmt
PY Investment Income	$372,134	PYInvestmentIncomeAmt
CY Investment Income	$264,802	CYInvestmentIncomeAmt
PY Other Revenue	$250	PYOtherRevenueAmt
CY Other Revenue	$0	CYOtherRevenueAmt
PY Total Revenue	$510,128	PYTotalRevenueAmt
CY Total Revenue	$735,710	CYTotalRevenueAmt
PY Grants And Similar Paid	$137,459	PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid	$193,608	CYGrantsAndSimilarPaidAmt
CY Benefits Paid To Members	$0	CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid	$51,537	PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid	$51,948	CYSalariesCompEmpBnftPaidAmt
CY Total Prof Fndrsng Expns	$0	CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense	$360	CYTotalFundraisingExpenseAmt
PY Other Expenses	$58,723	PYOtherExpensesAmt
CY Other Expenses	$66,375	CYOtherExpensesAmt
PY Total Expenses	$247,719	PYTotalExpensesAmt
CY Total Expenses	$311,931	CYTotalExpensesAmt
PY Revenues Less Expenses	$262,409	PYRevenuesLessExpensesAmt
CY Revenues Less Expenses	$423,779	CYRevenuesLessExpensesAmt
Total Assets BOY	$4,943,816	TotalAssetsBOYAmt
Total Assets EOY	$4,749,449	TotalAssetsEOYAmt
Total Liabilities BOY	$132,487	TotalLiabilitiesBOYAmt
Total Liabilities EOY	$164,135	TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY	$4,811,329	NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY	$4,585,314	NetAssetsOrFundBalancesEOYAmt
Mission	TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS BY ACCUMULATING ASSETS IN THE FORM OF PERMANENT ENDOWMENT FUNDS & PRUDENTLY DISTRIBUTING INCOME FROM THOSE FUNDS TO CHARITABLE ORGANIZATIONS.	MissionDesc
Significant New Program Srvc	false	SignificantNewProgramSrvcInd
Significant Change	false	SignificantChangeInd
Expense	$193,608	ExpenseAmt
Grant	$193,608	GrantAmt
Desc	GRANTS TO LOCAL CHARITABLE ORGANIZATIONS TO HELP PROVIDE FOR THE WELL-BEING OF THE CITIZENS OF NORTHWEST ILLINOIS.	Desc
Total Program Service Expenses	$193,608	TotalProgramServiceExpensesAmt
Described In Section501c3	Yes (true)	DescribedInSection501c3Ind
Schedule B Required	Yes (true)	ScheduleBRequiredInd
Political Campaign Acty	false	PoliticalCampaignActyInd
Lobbying Activities	false	LobbyingActivitiesInd
Subject To Proxy Tax	false	SubjectToProxyTaxInd
Donor Advised Fund	Yes (true)	DonorAdvisedFundInd
Conservation Easements	false	ConservationEasementsInd
Collections Of Art	false	CollectionsOfArtInd
Credit Counseling	Yes (true)	CreditCounselingInd
Temp Or Permanent Endowments	Yes (true)	TempOrPermanentEndowmentsInd
Report Land Building Equipment	Yes (true)	ReportLandBuildingEquipmentInd
Report Investments Other Sec	false	ReportInvestmentsOtherSecInd
Report Program Related Invst	false	ReportProgramRelatedInvstInd
Report Other Assets	false	ReportOtherAssetsInd
Report Other Liabilities	Yes (true)	ReportOtherLiabilitiesInd
Include FIN48 Footnote	false	IncludeFIN48FootnoteInd
Independent Audit Fincl Stmt	Yes (true)	IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt	false	ConsolidatedAuditFinclStmtInd
School Operating	false	SchoolOperatingInd
Foreign Office	false	ForeignOfficeInd
Foreign Activities	false	ForeignActivitiesInd
More Than5000 K To Org	false	MoreThan5000KToOrgInd
More Than5000 K To Individuals	false	MoreThan5000KToIndividualsInd
Professional Fundraising	false	ProfessionalFundraisingInd
Fundraising Activities	false	FundraisingActivitiesInd
Gaming Activities	false	GamingActivitiesInd
Operate Hospital	false	OperateHospitalInd
Grants To Organizations	Yes (true)	GrantsToOrganizationsInd
Grants To Individuals	false	GrantsToIndividualsInd
Schedule J Required	false	ScheduleJRequiredInd
Tax Exempt Bonds	false	TaxExemptBondsInd
Engaged In Excess Benefit Trans	false	EngagedInExcessBenefitTransInd
PY Excess Benefit Trans	false	PYExcessBenefitTransInd
Loan Outstanding	false	LoanOutstandingInd
Grant To Related Person	false	GrantToRelatedPersonInd
Business Rln With Org Mem	false	BusinessRlnWithOrgMemInd
Business Rln With Fam Mem	false	BusinessRlnWithFamMemInd
Business Rln With Officer Ent	false	BusinessRlnWithOfficerEntInd
Deductible Non Cash Contri	false	DeductibleNonCashContriInd
Deductible Art Contribution	false	DeductibleArtContributionInd
Terminate Operations	false	TerminateOperationsInd
Partial Liquidation	false	PartialLiquidationInd
Disregarded Entity	false	DisregardedEntityInd
Related Entity	false	RelatedEntityInd
Related Organization Ctrl Ent	false	RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org	false	TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp	false	ActivitiesConductedPrtshpInd
Schedule O Required	Yes (true)	ScheduleORequiredInd
IRP Document	0	IRPDocumentCnt
IRP Document W2 G	0	IRPDocumentW2GCnt
Backup Wthld Compliance	Yes (true)	BackupWthldComplianceInd
Employee	4	EmployeeCnt
Employment Tax Returns Filed	Yes (true)	EmploymentTaxReturnsFiledInd
Unrelated Bus Incm Over Limit	false	UnrelatedBusIncmOverLimitInd
Foreign Financial Account	false	ForeignFinancialAccountInd
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTransInd
Taxable Party Notification	false	TaxablePartyNotificationInd
Nondeductible Contributions	false	NondeductibleContributionsInd
Quid Pro Quo Contributions	false	QuidProQuoContributionsInd
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOfInd
Rcv Fnds To Pay Prsnl Bnft Cntrct	false	RcvFndsToPayPrsnlBnftCntrctInd
Pay Premiums Prsnl Bnft Cntrct	false	PayPremiumsPrsnlBnftCntrctInd
Form8899 Filedind	false	Form8899Filedind
Form1098 C Filed	false	Form1098CFiledInd
DAF Excess Business Holdings	false	DAFExcessBusinessHoldingsInd
Taxable Distributions	false	TaxableDistributionsInd
Distribution To Donor	false	DistributionToDonorInd
Indoor Tanning Services	false	IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt	false	SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc	false	SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VI	Yes (X)	InfoInScheduleOPartVIInd
Governing Body Voting Members	11	GoverningBodyVotingMembersCnt
Independent Voting Member	11	IndependentVotingMemberCnt
Family Or Business Rln	false	FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties	false	DelegationOfMgmtDutiesInd
Change To Org Documents	false	ChangeToOrgDocumentsInd
Material Diversion Or Misuse	false	MaterialDiversionOrMisuseInd
Members Or Stockholders	false	MembersOrStockholdersInd
Election Of Board Members	false	ElectionOfBoardMembersInd
Decisions Subject To Approva	false	DecisionsSubjectToApprovaInd
Minutes Of Governing Body	Yes (true)	MinutesOfGoverningBodyInd
Minutes Of Committees	Yes (true)	MinutesOfCommitteesInd
Officer Mailing Address	false	OfficerMailingAddressInd
Local Chapters	false	LocalChaptersInd
Form990 Provided To Gvrn Body	Yes (true)	Form990ProvidedToGvrnBodyInd
Conflict Of Interest Policy	Yes (true)	ConflictOfInterestPolicyInd
Annual Disclosure Covered Prsn	Yes (true)	AnnualDisclosureCoveredPrsnInd
Regular Monitoring Enfrc	Yes (true)	RegularMonitoringEnfrcInd
Whistleblower Policy	Yes (true)	WhistleblowerPolicyInd
Document Retention Policy	Yes (true)	DocumentRetentionPolicyInd
Compensation Process CEO	false	CompensationProcessCEOInd
Compensation Process Other	false	CompensationProcessOtherInd
Investment In Joint Venture	false	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

Field	Value	IRS element (for citing)
Person	MICHELLE DEHAVEN	PersonNm
Phone	8158013035	PhoneNum

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	524 W STEPHENSON ST STE 101	AddressLine1Txt
City	FREEPORT	CityNm
State Abbreviation	IL	StateAbbreviationCd
ZIP	61032	ZIPCd

Form990 Part VII Section A Form990PartVIISectionAGrp (12 entries)

TitleTitleTxt	Average Hours Per WeekAverageHoursPerWeekRt	Individual Trustee Or DirectorIndividualTrusteeOrDirectorInd	OfficerOfficerInd	Reportable Comp From OrgReportableCompFromOrgAmt	Reportable Comp From Rltd OrgReportableCompFromRltdOrgAmt	Other CompensationOtherCompensationAmt
KIMBERLY BEGGIN
PRESIDENT	1.00	Yes (X)	Yes (X)	$0	$0	$0
PAULETTE WILLIAMS-THOMAS
VICE PRESIDE	1.00	Yes (X)	Yes (X)	$0	$0	$0
CRAIG MONKS
TREASURER	1.00	Yes (X)	Yes (X)	$0	$0	$0
PATRICIA BURKE
SECRETARY	1.00	Yes (X)		$0	$0	$0
ANN K REEDY
MEMBER	1.00	Yes (X)		$0	$0	$0
BRADLEY R STEWART
MEMBER	1.00	Yes (X)		$0	$0	$0
KATHRYN J MARTINEZ
MEMBER	1.00	Yes (X)		$0	$0	$0
CRAIG DEININGER
MEMBER	1.00	Yes (X)		$0	$0	$0
RICHARD J HAUSER
MEMBER	1.00	Yes (X)		$0	$0	$0
ANDREA SCHULTZ WINTER
MEMBER	1.00	Yes (X)		$0	$0	$0
STEPHEN SPYRISON
MEMBER	1.00	Yes (X)		$0	$0	$0
DAN SCHMITT
EXECUTIVE DI	15.00		Yes (X)	$23,330	$0	$0

Field	Value	IRS element (for citing)
Total Reportable Comp From Org	$23,330	TotalReportableCompFromOrgAmt
Former Ofcr Employees Listed	false	FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K	false	TotalCompGreaterThan150KInd
Compensation From Other Srcs	false	CompensationFromOtherSrcsInd
Fundraising	$2,463	FundraisingAmt
All Other Contributions	$468,445	AllOtherContributionsAmt
Total Contributions	$470,908	TotalContributionsAmt

Investment Income InvestmentIncomeGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$207,476	TotalRevenueColumnAmt
Exclusion	$207,476	ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

Field	Value	IRS element (for citing)
Securities	$384,002	SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

Field	Value	IRS element (for citing)
Securities	$326,676	SecuritiesAmt

Gain Or Loss GainOrLossGrp

Field	Value	IRS element (for citing)
Securities	$57,326	SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$57,326	TotalRevenueColumnAmt
Exclusion	$57,326	ExclusionAmt

Field	Value	IRS element (for citing)
Contri Rpt Fundraising Event	$2,463	ContriRptFundraisingEventAmt

Total Revenue TotalRevenueGrp

Field	Value	IRS element (for citing)
Total Revenue Column	$735,710	TotalRevenueColumnAmt
Exclusion	$264,802	ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

Field	Value	IRS element (for citing)
Total	$193,608	TotalAmt
Program Services	$193,608	ProgramServicesAmt

Comp Current Ofcr Directors CompCurrentOfcrDirectorsGrp

Field	Value	IRS element (for citing)
Total	$23,330	TotalAmt
Management And General	$23,330	ManagementAndGeneralAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

Field	Value	IRS element (for citing)
Total	$24,793	TotalAmt
Management And General	$24,793	ManagementAndGeneralAmt

Payroll Taxes PayrollTaxesGrp

Field	Value	IRS element (for citing)
Total	$3,825	TotalAmt
Management And General	$3,825	ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

Field	Value	IRS element (for citing)
Total	$135	TotalAmt
Management And General	$135	ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

Field	Value	IRS element (for citing)
Total	$11,200	TotalAmt
Management And General	$11,200	ManagementAndGeneralAmt

Fees For Srvc Invst Mgmnt Fees FeesForSrvcInvstMgmntFeesGrp

Field	Value	IRS element (for citing)
Total	$26,094	TotalAmt
Management And General	$26,094	ManagementAndGeneralAmt

Office Expenses OfficeExpensesGrp

Field	Value	IRS element (for citing)
Total	$5,142	TotalAmt
Management And General	$4,782	ManagementAndGeneralAmt
Fundraising	$360	FundraisingAmt

Occupancy OccupancyGrp

Field	Value	IRS element (for citing)
Total	$2,400	TotalAmt
Management And General	$2,400	ManagementAndGeneralAmt

Travel TravelGrp

Field	Value	IRS element (for citing)
Total	$1,004	TotalAmt
Management And General	$1,004	ManagementAndGeneralAmt

Depreciation Depletion DepreciationDepletionGrp

Field	Value	IRS element (for citing)
Total	$52	TotalAmt
Management And General	$52	ManagementAndGeneralAmt

Insurance InsuranceGrp

Field	Value	IRS element (for citing)
Total	$2,040	TotalAmt
Management And General	$2,040	ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp (4 entries)

DescDesc	TotalTotalAmt	Management And GeneralManagementAndGeneralAmt
FALL GRANT RECEPTIONS	$9,037	$9,037
MARKETING	$6,621	$6,621
DUES & SUBSCRIPTIONS	$2,393	$2,393
AWARDS PROGRAM	$257	$257

Total Functional Expenses TotalFunctionalExpensesGrp

Field	Value	IRS element (for citing)
Total	$311,931	TotalAmt
Program Services	$193,608	ProgramServicesAmt
Management And General	$117,963	ManagementAndGeneralAmt
Fundraising	$360	FundraisingAmt

Cash Non Interest Bearing CashNonInterestBearingGrp

Field	Value	IRS element (for citing)
BOY	$28,786	BOYAmt
EOY	$13,670	EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

Field	Value	IRS element (for citing)
BOY	$1,792	BOYAmt
EOY	$4,033	EOYAmt

Field	Value	IRS element (for citing)
Land Bldg Equip Cost Or Other Bss	$9,256	LandBldgEquipCostOrOtherBssAmt
Land Bldg Equip Accum Deprec	$9,256	LandBldgEquipAccumDeprecAmt

Land Bldg Equip Basis Net LandBldgEquipBasisNetGrp

Field	Value	IRS element (for citing)
BOY	$52	BOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

Field	Value	IRS element (for citing)
BOY	$4,913,186	BOYAmt
EOY	$4,731,746	EOYAmt

Total Assets TotalAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,943,816	BOYAmt
EOY	$4,749,449	EOYAmt

Escrow Account Liability EscrowAccountLiabilityGrp

Field	Value	IRS element (for citing)
BOY	$132,487	BOYAmt
EOY	$123,042	EOYAmt

Other Liabilities OtherLiabilitiesGrp

Field	Value	IRS element (for citing)
EOY	$41,093	EOYAmt

Total Liabilities TotalLiabilitiesGrp

Field	Value	IRS element (for citing)
BOY	$132,487	BOYAmt
EOY	$164,135	EOYAmt

Field	Value	IRS element (for citing)
Organization Follows SFAS117	Yes (X)	OrganizationFollowsSFAS117Ind

Unrestricted Net Assets UnrestrictedNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$4,661,864	BOYAmt
EOY	$4,244,114	EOYAmt

Temporarily Rstr Net Assets TemporarilyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$40,992	BOYAmt
EOY	$5,914	EOYAmt

Permanently Rstr Net Assets PermanentlyRstrNetAssetsGrp

Field	Value	IRS element (for citing)
BOY	$108,473	BOYAmt
EOY	$335,286	EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,811,329	BOYAmt
EOY	$4,585,314	EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

Field	Value	IRS element (for citing)
BOY	$4,943,816	BOYAmt
EOY	$4,749,449	EOYAmt

Field	Value	IRS element (for citing)
Reconcilation Revenue Expnss	$423,779	ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst	-$649,794	NetUnrlzdGainsLossesInvstAmt
Method Of Accounting Cash	Yes (X)	MethodOfAccountingCashInd
Accountant Compile Or Review	false	AccountantCompileOrReviewInd
FS Audited	Yes (true)	FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

Field	Value	IRS element (for citing)
Separate Basis Fincl Stmt	Yes (X)	SeparateBasisFinclStmtInd

Field	Value	IRS element (for citing)
Audit Committee	Yes (true)	AuditCommitteeInd
Federal Grant Audit Required	false	FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Community Trust	Yes (X)	CommunityTrustInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$29,103	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$36,699	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$304,347	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$137,744	CurrentTaxYearMinus1YearAmt
Current Tax Year	$470,908	CurrentTaxYearAmt
Total	$978,801	TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$29,103	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$36,699	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$304,347	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$137,744	CurrentTaxYearMinus1YearAmt
Current Tax Year	$470,908	CurrentTaxYearAmt
Total	$978,801	TotalAmt

Field	Value	IRS element (for citing)
Public Support Total170	$978,801	PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	$125,539	CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years	$119,202	CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years	$108,820	CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year	$169,592	CurrentTaxYearMinus1YearAmt
Current Tax Year	$207,476	CurrentTaxYearAmt
Total	$730,629	TotalAmt

Field	Value	IRS element (for citing)
Total Support	$1,709,430	TotalSupportAmt
Gross Receipts Rltd Activities	$250	GrossReceiptsRltdActivitiesAmt
Public Support CY170	0.57260	PublicSupportCY170Pct
Public Support PY170	0.46110	PublicSupportPY170Pct
Thirty Thr Pct Suprt Tests CY170	Yes (X)	ThirtyThrPctSuprtTestsCY170Ind

Schedule B IRS990ScheduleB

Schedule D IRS990ScheduleD

Field	Value	IRS element (for citing)
Donor Advised Funds Held	3	DonorAdvisedFundsHeldCnt
Donor Advised Funds Contri	$5,394	DonorAdvisedFundsContriAmt
Donor Advised Funds Grants	$5,750	DonorAdvisedFundsGrantsAmt
Donor Advised Funds Vl EOY	$82,487	DonorAdvisedFundsVlEOYAmt
Disclosed Org Leg Ctrl	Yes (true)	DisclosedOrgLegCtrlInd
Disclosed For Charitable Prps	Yes (true)	DisclosedForCharitablePrpsInd
Agent Trustee Etc	Yes (true)	AgentTrusteeEtcInd
Incl Escrow Custodial Acct Liab	Yes (true)	InclEscrowCustodialAcctLiabInd
Explanation Provided	Yes (X)	ExplanationProvidedInd

CY Endwmt Fund CYEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$149,465	BeginningYearBalanceAmt
Contributions	$230,113	ContributionsAmt
Investment Earnings Or Losses	-$28,425	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$9,953	GrantsOrScholarshipsAmt
End Year Balance	$341,200	EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$98,601	BeginningYearBalanceAmt
Contributions	$42,421	ContributionsAmt
Investment Earnings Or Losses	$13,243	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$4,800	GrantsOrScholarshipsAmt
End Year Balance	$149,465	EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$58,840	BeginningYearBalanceAmt
Contributions	$16,370	ContributionsAmt
Investment Earnings Or Losses	$5,900	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,535	GrantsOrScholarshipsAmt
End Year Balance	$98,601	EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$58,661	BeginningYearBalanceAmt
Contributions	$4,805	ContributionsAmt
Investment Earnings Or Losses	-$2,926	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,700	GrantsOrScholarshipsAmt
End Year Balance	$58,840	EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

Field	Value	IRS element (for citing)
Beginning Year Balance	$53,635	BeginningYearBalanceAmt
Contributions	$5,330	ContributionsAmt
Investment Earnings Or Losses	$789	InvestmentEarningsOrLossesAmt
Grants Or Scholarships	$1,093	GrantsOrScholarshipsAmt
End Year Balance	$58,661	EndYearBalanceAmt

Field	Value	IRS element (for citing)
Prmnnt Endowment Balance EOY	0.98270	PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY	0.01730	TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org	false	EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org	false	EndowmentsHeldRelatedOrgInd

Leasehold Improvements LeaseholdImprovementsGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$5,338	OtherCostOrOtherBasisAmt
Depreciation	$5,338	DepreciationAmt

Equipment EquipmentGrp

Field	Value	IRS element (for citing)
Other Cost Or Other Basis	$3,918	OtherCostOrOtherBasisAmt
Depreciation	$3,918	DepreciationAmt

Other Liabilities Org OtherLiabilitiesOrgGrp

Field	Value	IRS element (for citing)
Desc	ANNUITY PAYABLE	Desc
Amt	$41,093	Amt

Field	Value	IRS element (for citing)
Total Liability	$41,093	TotalLiabilityAmt
Total Rev Etc Audited Fincl Stmt	$85,916	TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst	-$649,794	NetUnrealizedGainsInvstAmt
Revenue Not Reported	-$649,794	RevenueNotReportedAmt
Revenue Subtotal	$735,710	RevenueSubtotalAmt
Total Revenue Per Form990	$735,710	TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt	$311,931	TotExpnsEtcAuditedFinclStmtAmt
Expenses Subtotal	$311,931	ExpensesSubtotalAmt
Total Expenses Per Form990	$311,931	TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
SCHEDULE D, PAGE 2, PART IV, LINE 1B	THE FOUNDATION ACTS AS AN AGENT FOR 4 FUNDS IN WHICH DISTRIBUTIONS BENEFIT THE DONOR ORGANIZATION. THESE FUNDS ARE RECORDED AS LIABILITIES. ALL CONTRIBUTIONS RECEIVED, INVESTMENT INCOME AND FEES, REALIZED AND UNREALIZED GAINS ARE LOSSES ARE NETTED TOGETHER AND REPORTED AS ADDITIONS TO THE LIABILITY ACCOUNT. DISTRIBUTIONS ARE RECORDED AS REDUCTIONS OF THE LIABILITY.
SCHEDULE D, PAGE 2, PART IV, LINE 2B	THE FOUNDATION ACTS AS AN AGENT FOR 4 FUNDS IN WHICH DISTRIBUTIONS BENEFIT THE DONOR ORGANIZATION. THESE FUNDS ARE RECORDED AS LIABILITIES. ALL CONTRIBUTIONS RECIEVED, INVESTMENT INCOME AND FEES, REALIZED AND UNREALIZED GAINS ARE LOSSES ARE NETTED TOGETHER AND REPORTED AS ADDITIONS TO THE LIABILITY ACCOUNT. DISTRIBUTIONS ARE RECORDED AS REDUCTIONS OF THE LIABILITY.
SCHEDULE D, PAGE 2, PART V, LINE 4	THE ENDOWMENT FUNDS ARE TO PROVIDE GRANTS AND/OR SCHOLARSHIPS FROM THE EARNINGS ON THE ENDOWMENT FUNDS.

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Grant Records Maintained	Yes (true)	GrantRecordsMaintainedInd

Recipient Table RecipientTable (13 entries)

Cash GrantCashGrantAmt
BLACKHAWK ELEMENTARY SCHOOL
$5,256
CAPTAIN LINCOLN SCULPTURE PROJECT
$14,354
CAREERTEC
$9,252
CHILDRENS HANDS ON MUSEUM
$5,757
CONTACT OF NORTHERN ILLINOIS
$23,172
FAMILY YMCA OF NORTHWESTERN ILL
$9,250
FHN FAMILY COUNSELING CENTER
$5,037
FREEPORT ART MUSEUM
$20,772
FREEPORT HIGH SCHOOL
$12,399
MADONNA RENEWAL CENTER
$11,575
NICAA HEAD START
$9,359
SENIOR RESOURCE CENTER
$13,315
UNITED WAY OF NORTHWEST IL
$5,717

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (3 entries)

Form And Line ReferenceFormAndLineReferenceDesc	ExplanationExplanationTxt
FORM 990, PAGE 6, PART VI, LINE 11B	FORM 990 WAS PRESENTED TO THE BOARD OF DIRECTORS DURING A REGULARLY SCHEDULED MEETING. DIRECTORS REVIEWED FORM 990 AND APPROVED A MOTION TO ACCEPT THE FORM 990 AS PRESENTED.
FORM 990, PAGE 6, PART VI, LINE 12C	EACH BOARD MEMBER SIGNS A CONFLICT OF INTEREST STATEMENT (THEY ARE ALSO GIVEN A COPY OF IT) INDICATING ANY POTENTIAL CONFLICTS. ALL COMMITTEE MEMBERS SIGN A CONFLICT OF INTEREST STATEMENT AS WELL. THE EXECUTIVE DIRECTOR REVIEWS THE STATEMENTS PRIOR TO THE GRANT AWARD CYCLE AND SCHOLARSHIP APPROVAL PROCESS. DURING THE GRANT AWARD CYCLES AND THE SCHOLARSHIP APPROVAL PROCESS, THE EXECUTIVE DIRECTOR ASK MEMBERS TO RECUSE THEMSELVES FROM VOTING IF THEY HAVE A CONFLICT.
FORM 990, PAGE 6, PART VI, LINE 19	THE FOUNDATION FOLLOWS THE RULES AND REGULATIONS OF THE IRS REGARDING PUBLIC AVAILABILITY OF FORM 990 AS WELL AS ANY OTHER REQUIRED DOCUMENTS. THE FORM 990 IS AVAILABLE UPON REQUEST EITHER BY DOWNLOADING FROM THE FOUNDATION'S WEBSITE OR HAVING IT MAILED OR EXAMINING IT IN THE FOUNDATION'S OFFICE. THE FOUNDATION ALSO HAS AVAILABLE UPON REQUEST FINANCIAL INFORMATION SUCH AS PERFORMANCE HISTORY, LIST OF INVESTMENT MANAGERS, AUDIT FEES, AND THE BODY RESPONSIBLE FOR INVESTMENT AND OVERSIGHT.