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CARL SANDBURG COLLEGE FOUNDATION: Form 990, tax year 2024

View the entire original 990 at ProPublica ↗

Organization
CARL SANDBURG COLLEGE FOUNDATION (EIN 23-7098820)
Tax period
2024-07-01 to 2025-06-30
Filed
2025-11-14
IRS object ID
202533189349312478
Schema version
2024v5.2
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)
Return2025-11-14T15:50:44-06:00ReturnTs
Tax Period End2025-06-30TaxPeriodEndDt

Preparer Firm PreparerFirmGrp

FieldValueIRS element (for citing)
Preparer Firm EIN351178661PreparerFirmEIN

Preparer Firm Name PreparerFirmName

FieldValueIRS element (for citing)
Business Name Line1BLUE & CO LLCBusinessNameLine1Txt

Preparer US Address PreparerUSAddress

FieldValueIRS element (for citing)
Address Line1813 WEST SECOND STREETAddressLine1Txt
CitySEYMOURCityNm
State AbbreviationINStateAbbreviationCd
ZIP47274ZIPCd
FieldValueIRS element (for citing)
Return Type990ReturnTypeCd
Tax Period Begin2024-07-01TaxPeriodBeginDt

Filer Filer

FieldValueIRS element (for citing)
EIN237098820EIN

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1CARL SANDBURG COLLEGE FOUNDATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Business Name ControlCARLBusinessNameControlTxt
Phone3093415349PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 TOM L WILSON BLVDAddressLine1Txt
CityGALESBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP61401ZIPCd

Business Officer BusinessOfficerGrp

FieldValueIRS element (for citing)
PersonERIC JOHNSONPersonNm
Person TitleCHIEF ADVANCEMENT OFFICERPersonTitleTxt
Phone3093415349PhoneNum
Signature2025-11-10SignatureDt
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 PersonKANDY L WISCHMEIER CPAPreparerPersonNm
PTINP00118327PTIN
Phone8125228416PhoneNum
Preparation2025-11-10PreparationDt
FieldValueIRS element (for citing)
Tax2024TaxYr
Build TS2025-03-06 01:10:19ZBuildTS

Form 990 IRS990

FieldValueIRS element (for citing)
Principal OfficerERIC JOHNSONPrincipalOfficerNm

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 TOM L WILSON BLVDAddressLine1Txt
CityGALESBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP61401ZIPCd
FieldValueIRS element (for citing)
Gross Receipts$3,086,494GrossReceiptsAmt
Group Return For Affiliates0GroupReturnForAffiliatesInd
Organization501c3Yes (X)Organization501c3Ind
Website AddressWWW.SANDBURG.EDU/ALUMNI-GIVINGWebsiteAddressTxt
Type Of Organization CorpYes (X)TypeOfOrganizationCorpInd
Formation1969FormationYr
Legal Domicile StateILLegalDomicileStateCd
Activity Or MissionTHE MISSION OF THE CARL SANDBURG COLLEGE FOUNDATION, FOUNDED IN 1969, IS TO RAISE AND RECEIVE CHARITABLE GIFTS, BE RESPONSIBLE STEWARDS OF DONORS' GIFTS AND PROVIDE FINANCIAL SUPPORT TO STUDENTS AND PROGRAMS OF CARL SANDBURG COLLEGE TO HELP FURTHER THE COLLEGE'S MISSION AND VISION.ActivityOrMissionDesc
Voting Members Governing Body11VotingMembersGoverningBodyCnt
Voting Members Independent11VotingMembersIndependentCnt
Total Employee0TotalEmployeeCnt
Total Volunteers80TotalVolunteersCnt
Total Gross UBI$0TotalGrossUBIAmt
Net Unrelated Bus Txbl Incm$0NetUnrelatedBusTxblIncmAmt
PY Contributions Grants$512,719PYContributionsGrantsAmt
CY Contributions Grants$267,744CYContributionsGrantsAmt
PY Program Service Revenue$0PYProgramServiceRevenueAmt
CY Program Service Revenue$1,219CYProgramServiceRevenueAmt
PY Investment Income$1,925,406PYInvestmentIncomeAmt
CY Investment Income$2,280,703CYInvestmentIncomeAmt
PY Other Revenue$0PYOtherRevenueAmt
CY Other Revenue$0CYOtherRevenueAmt
PY Total Revenue$2,438,125PYTotalRevenueAmt
CY Total Revenue$2,549,666CYTotalRevenueAmt
PY Grants And Similar Paid$603,355PYGrantsAndSimilarPaidAmt
CY Grants And Similar Paid$982,396CYGrantsAndSimilarPaidAmt
PY Benefits Paid To Members$0PYBenefitsPaidToMembersAmt
CY Benefits Paid To Members$0CYBenefitsPaidToMembersAmt
PY Salaries Comp Emp Bnft Paid$0PYSalariesCompEmpBnftPaidAmt
CY Salaries Comp Emp Bnft Paid$147,880CYSalariesCompEmpBnftPaidAmt
PY Total Prof Fndrsng Expns$0PYTotalProfFndrsngExpnsAmt
CY Total Prof Fndrsng Expns$0CYTotalProfFndrsngExpnsAmt
CY Total Fundraising Expense$51,627CYTotalFundraisingExpenseAmt
PY Other Expenses$453,670PYOtherExpensesAmt
CY Other Expenses$318,133CYOtherExpensesAmt
PY Total Expenses$1,057,025PYTotalExpensesAmt
CY Total Expenses$1,448,409CYTotalExpensesAmt
PY Revenues Less Expenses$1,381,100PYRevenuesLessExpensesAmt
CY Revenues Less Expenses$1,101,257CYRevenuesLessExpensesAmt
Total Assets BOY$25,421,668TotalAssetsBOYAmt
Total Assets EOY$27,623,072TotalAssetsEOYAmt
Total Liabilities BOY$221,036TotalLiabilitiesBOYAmt
Total Liabilities EOY$249,508TotalLiabilitiesEOYAmt
Net Assets Or Fund Balances BOY$25,200,632NetAssetsOrFundBalancesBOYAmt
Net Assets Or Fund Balances EOY$27,373,564NetAssetsOrFundBalancesEOYAmt
MissionTO RAISE AND RECEIVE CHARITABLE GIFTS, BE RESPONSIBLE STEWARDS OF DONORS' GIFTS AND PROVIDE FINANCIAL SUPPORT TO STUDENTS AND PROGRAMS OF CARL SANDBURG COLLEGE.MissionDesc
Significant New Program Srvc0SignificantNewProgramSrvcInd
Significant Change0SignificantChangeInd
Expense$479,816ExpenseAmt
Grant$479,816GrantAmt
DescSCHOLARSHIPS - TO PROVIDE FINANCIAL SUPPORT TO CARL SANDBURG COLLEGE (SANDBURG) STUDENTS. FOUNDATION SCHOLARSHIPS WERE AWARDED BASED ON GENERAL NEED AND/OR ACADEMIC REQUIREMENTS. SCHOLARSHIPS ARE APPLIED TO THE STUDENT ACCOUNTS AT SANDBURG. SCHOLARSHIP AWARDS ARE DIVIDED EQUALLY BETWEEN THE FALL AND SPRING SEMESTERS.Desc

Prog Srvc Accom Acty2 ProgSrvcAccomActy2Grp

FieldValueIRS element (for citing)
Expense$402,955ExpenseAmt
Grant$402,955GrantAmt
Revenue$1,219RevenueAmt
DescCONTRIBUTIONS TO COLLEGE PROGRAMS - TO HELP ENHANCE THE COLLEGE'S EFFORTS TO BENEFIT COMMUNITIES OF THE COLLEGE DISTRICT.Desc

Prog Srvc Accom Acty3 ProgSrvcAccomActy3Grp

FieldValueIRS element (for citing)
Expense$99,625ExpenseAmt
Grant$99,625GrantAmt
DescINNOVATION GRANTS - PREFERENCE IS GIVEN TO ONE-TIME PROJECTS AND EQUIPMENT REQUESTS THAT DIRECTLY IMPACT A LARGE NUMBER OF PERSONS, PARTICULARLY STUDENTS. NEED, MEASURABLE OUTCOMES, AND LIKELIHOOD OF SUCCESS ARE IMPORTANT FACTORS. ORGANIZED SANDBURG STUDENT GROUPS, FACULTY, STAFF AND INSTRUCTIONAL DEPARTMENTS OF SANDBURG MAY SUBMIT APPLICATIONS.Desc
FieldValueIRS element (for citing)
Total Program Service Expenses$982,396TotalProgramServiceExpensesAmt
Described In Section501c3Yes (1)DescribedInSection501c3Ind
Schedule B RequiredYes (1)ScheduleBRequiredInd
Political Campaign Acty0PoliticalCampaignActyInd
Lobbying Activities0LobbyingActivitiesInd
Subject To Proxy Tax0SubjectToProxyTaxInd
Donor Advised Fund0DonorAdvisedFundInd
Conservation Easements0ConservationEasementsInd
Collections Of Art0CollectionsOfArtInd
Credit Counseling0CreditCounselingInd
Donor Rstr Or Quasi EndowmentsYes (1)DonorRstrOrQuasiEndowmentsInd
Report Land Building Equipment0ReportLandBuildingEquipmentInd
Report Investments Other Sec0ReportInvestmentsOtherSecInd
Report Program Related Invst0ReportProgramRelatedInvstInd
Report Other Assets0ReportOtherAssetsInd
Report Other Liabilities0ReportOtherLiabilitiesInd
Include FIN48 FootnoteYes (1)IncludeFIN48FootnoteInd
Independent Audit Fincl StmtYes (1)IndependentAuditFinclStmtInd
Consolidated Audit Fincl Stmt0ConsolidatedAuditFinclStmtInd
School Operating0SchoolOperatingInd
Foreign Office0ForeignOfficeInd
Foreign Activities0ForeignActivitiesInd
More Than5000 K To Org0MoreThan5000KToOrgInd
More Than5000 K To Individuals0MoreThan5000KToIndividualsInd
Professional Fundraising0ProfessionalFundraisingInd
Fundraising Activities0FundraisingActivitiesInd
Gaming Activities0GamingActivitiesInd
Operate Hospital0OperateHospitalInd
Grants To OrganizationsYes (1)GrantsToOrganizationsInd
Grants To IndividualsYes (1)GrantsToIndividualsInd
Schedule J Required0ScheduleJRequiredInd
Tax Exempt Bonds0TaxExemptBondsInd
Engaged In Excess Benefit Trans0EngagedInExcessBenefitTransInd
PY Excess Benefit Trans0PYExcessBenefitTransInd
Loan Outstanding0LoanOutstandingInd
Grant To Related Person0GrantToRelatedPersonInd
Business Rln With Org Mem0BusinessRlnWithOrgMemInd
Business Rln With Fam Mem0BusinessRlnWithFamMemInd
Business Rln With35 Ctrl Ent0BusinessRlnWith35CtrlEntInd
Deductible Non Cash Contri0DeductibleNonCashContriInd
Deductible Art Contribution0DeductibleArtContributionInd
Terminate Operations0TerminateOperationsInd
Partial Liquidation0PartialLiquidationInd
Disregarded Entity0DisregardedEntityInd
Related Entity0RelatedEntityInd
Related Organization Ctrl Ent0RelatedOrganizationCtrlEntInd
Trnsfr Exmpt Non Chrtbl Rltd Org0TrnsfrExmptNonChrtblRltdOrgInd
Activities Conducted Prtshp0ActivitiesConductedPrtshpInd
Schedule O RequiredYes (1)ScheduleORequiredInd
IRP Document4IRPDocumentCnt
IRP Document W2 G0IRPDocumentW2GCnt
Backup Wthld ComplianceYes (1)BackupWthldComplianceInd
Employee0EmployeeCnt
Unrelated Bus Incm Over Limit0UnrelatedBusIncmOverLimitInd
Foreign Financial Account0ForeignFinancialAccountInd
Prohibited Tax Shelter Trans0ProhibitedTaxShelterTransInd
Taxable Party Notification0TaxablePartyNotificationInd
Nondeductible ContributionsYes (1)NondeductibleContributionsInd
Nondeductible Contri DisclYes (1)NondeductibleContriDisclInd
Quid Pro Quo ContributionsYes (1)QuidProQuoContributionsInd
Quid Pro Quo Contri DisclYes (1)QuidProQuoContriDisclInd
Form8282 Property Disposed Of0Form8282PropertyDisposedOfInd
Indoor Tanning Services0IndoorTanningServicesInd
Subj To Tax Rmnrtn Ex Prcht Pymt0SubjToTaxRmnrtnExPrchtPymtInd
Subject To Excs Tax Net Invst Inc0SubjectToExcsTaxNetInvstIncInd
Info In Schedule O Part VIYes (X)InfoInScheduleOPartVIInd
Governing Body Voting Members11GoverningBodyVotingMembersCnt
Independent Voting Member11IndependentVotingMemberCnt
Family Or Business Rln0FamilyOrBusinessRlnInd
Delegation Of Mgmt Duties0DelegationOfMgmtDutiesInd
Change To Org Documents0ChangeToOrgDocumentsInd
Material Diversion Or Misuse0MaterialDiversionOrMisuseInd
Members Or Stockholders0MembersOrStockholdersInd
Election Of Board Members0ElectionOfBoardMembersInd
Decisions Subject To Approva0DecisionsSubjectToApprovaInd
Minutes Of Governing BodyYes (1)MinutesOfGoverningBodyInd
Minutes Of CommitteesYes (1)MinutesOfCommitteesInd
Officer Mailing Address0OfficerMailingAddressInd
Local Chapters0LocalChaptersInd
Form990 Provided To Gvrn BodyYes (1)Form990ProvidedToGvrnBodyInd
Conflict Of Interest PolicyYes (1)ConflictOfInterestPolicyInd
Annual Disclosure Covered PrsnYes (1)AnnualDisclosureCoveredPrsnInd
Regular Monitoring EnfrcYes (1)RegularMonitoringEnfrcInd
Whistleblower PolicyYes (1)WhistleblowerPolicyInd
Document Retention PolicyYes (1)DocumentRetentionPolicyInd
Compensation Process CEO0CompensationProcessCEOInd
Compensation Process Other0CompensationProcessOtherInd
Investment In Joint Venture0InvestmentInJointVentureInd
States Where Copy Of Return Is FldILStatesWhereCopyOfReturnIsFldCd
Upon RequestYes (X)UponRequestInd

Books In Care Of Detail BooksInCareOfDetail

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1THE ORGANIZATIONBusinessNameLine1Txt
FieldValueIRS element (for citing)
Phone3095415349PhoneNum

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 TOM L WILSON BLVDAddressLine1Txt
CityGALESBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP61401ZIPCd
FieldValueIRS element (for citing)
No Listed Persons CompensatedYes (X)NoListedPersonsCompensatedInd

Form990 Part VII Section A Form990PartVIISectionAGrp (13 entries)

TitleTitleTxtAverage Hours Per WeekAverageHoursPerWeekRtIndividual Trustee Or DirectorIndividualTrusteeOrDirectorIndReportable Comp From OrgReportableCompFromOrgAmtReportable Comp From Rltd OrgReportableCompFromRltdOrgAmtOther CompensationOtherCompensationAmtOfficerOfficerInd
CANDACE D'AGNOLO
DIRECTOR0.25Yes (X)$0$0$0
CAROL HAGAN
DIRECTOR0.25Yes (X)$0$0$0
CHARLES CAULKENS
DIRECTOR0.25Yes (X)$0$0$0
MARY PANTHER
DIRECTOR0.25Yes (X)$0$0$0
RODNEY GRIMES
DIRECTOR0.25Yes (X)$0$0$0
SANDRA WOOD
DIRECTOR0.25Yes (X)$0$0$0
TRACEY MOORE BAKER
DIRECTOR0.25Yes (X)$0$0$0
CHAD LONG
PRESIDENT0.50Yes (X)$0$0$0Yes (X)
EDWARD BARRY
PAST PRESIDENT0.50Yes (X)$0$0$0Yes (X)
DEBORAH MORENO
VICE PRESIDENT0.50Yes (X)$0$0$0Yes (X)
MICHELLE KIM
SECRETARY0.50Yes (X)$0$0$0
ERIC JOHNSON
CHIEF ADVANCEMENT OFFICER30.00$0$0$0Yes (X)
DR SEAMUS REILLY
EX OFFICIO, COLLEGE PRESIDENT10.00$0$0$0Yes (X)
FieldValueIRS element (for citing)
Total Reportable Comp From Org$0TotalReportableCompFromOrgAmt
Tot Reportable Comp Rltd Org$0TotReportableCompRltdOrgAmt
Total Other Compensation$0TotalOtherCompensationAmt
Indiv Rcvd Greater Than100 K0IndivRcvdGreaterThan100KCnt
Former Ofcr Employees Listed0FormerOfcrEmployeesListedInd
Total Comp Greater Than150 K0TotalCompGreaterThan150KInd
Compensation From Other Srcs0CompensationFromOtherSrcsInd

Contractor Compensation ContractorCompensationGrp

Contractor Name ContractorName

Business Name BusinessName

FieldValueIRS element (for citing)
Business Name Line1BLACKBAUDBusinessNameLine1Txt

Contractor Address ContractorAddress

US Address USAddress

FieldValueIRS element (for citing)
Address Line165 FAIRCHILD STREETAddressLine1Txt
CityCHARLESTONCityNm
State AbbreviationSCStateAbbreviationCd
ZIP29492ZIPCd
FieldValueIRS element (for citing)
ServicesACCOUNTING AND DONOR MANAGEMENT SOFTWAREServicesDesc
Compensation$119,450CompensationAmt
FieldValueIRS element (for citing)
Cntrct Rcvd Greater Than100 K1CntrctRcvdGreaterThan100KCnt
All Other Contributions$267,744AllOtherContributionsAmt
Noncash Contributions$15,000NoncashContributionsAmt
Total Contributions$267,744TotalContributionsAmt

Program Service Revenue ProgramServiceRevenueGrp

FieldValueIRS element (for citing)
DescPROGRAM SERVICE REVENUEDesc
Business900099BusinessCd
Total Revenue Column$1,219TotalRevenueColumnAmt
Related Or Exempt Func Income$1,219RelatedOrExemptFuncIncomeAmt
FieldValueIRS element (for citing)
Total Program Service Revenue$1,219TotalProgramServiceRevenueAmt

Investment Income InvestmentIncomeGrp

FieldValueIRS element (for citing)
Total Revenue Column$1,471,867TotalRevenueColumnAmt
Exclusion$1,471,867ExclusionAmt

Gross Amount Sales Assets GrossAmountSalesAssetsGrp

FieldValueIRS element (for citing)
Securities$1,345,664SecuritiesAmt

Less Cost Oth Basis Sales Expnss LessCostOthBasisSalesExpnssGrp

FieldValueIRS element (for citing)
Securities$536,828SecuritiesAmt

Gain Or Loss GainOrLossGrp

FieldValueIRS element (for citing)
Securities$808,836SecuritiesAmt

Net Gain Or Loss Investments NetGainOrLossInvestmentsGrp

FieldValueIRS element (for citing)
Total Revenue Column$808,836TotalRevenueColumnAmt
Exclusion$808,836ExclusionAmt

Total Revenue TotalRevenueGrp

FieldValueIRS element (for citing)
Total Revenue Column$2,549,666TotalRevenueColumnAmt
Related Or Exempt Func Income$1,219RelatedOrExemptFuncIncomeAmt
Unrelated Business Revenue$0UnrelatedBusinessRevenueAmt
Exclusion$2,280,703ExclusionAmt

Grants To Domestic Orgs GrantsToDomesticOrgsGrp

FieldValueIRS element (for citing)
Total$502,580TotalAmt
Program Services$502,580ProgramServicesAmt

Grants To Domestic Individuals GrantsToDomesticIndividualsGrp

FieldValueIRS element (for citing)
Total$479,816TotalAmt
Program Services$479,816ProgramServicesAmt

Other Salaries And Wages OtherSalariesAndWagesGrp

FieldValueIRS element (for citing)
Total$147,880TotalAmt
Management And General$147,880ManagementAndGeneralAmt

Fees For Services Legal FeesForServicesLegalGrp

FieldValueIRS element (for citing)
Total$335TotalAmt
Management And General$335ManagementAndGeneralAmt

Fees For Services Accounting FeesForServicesAccountingGrp

FieldValueIRS element (for citing)
Total$9,000TotalAmt
Management And General$9,000ManagementAndGeneralAmt

Fees For Services Other FeesForServicesOtherGrp

FieldValueIRS element (for citing)
Total$101,629TotalAmt
Management And General$101,629ManagementAndGeneralAmt

Advertising AdvertisingGrp

FieldValueIRS element (for citing)
Total$51,627TotalAmt
Fundraising$51,627FundraisingAmt

Office Expenses OfficeExpensesGrp

FieldValueIRS element (for citing)
Total$29,578TotalAmt
Management And General$29,578ManagementAndGeneralAmt

Information Technology InformationTechnologyGrp

FieldValueIRS element (for citing)
Total$59,682TotalAmt
Management And General$59,682ManagementAndGeneralAmt

Travel TravelGrp

FieldValueIRS element (for citing)
Total$19,970TotalAmt
Management And General$19,970ManagementAndGeneralAmt

Conferences Meetings ConferencesMeetingsGrp

FieldValueIRS element (for citing)
Total$13,392TotalAmt
Management And General$13,392ManagementAndGeneralAmt

Other Expenses OtherExpensesGrp

FieldValueIRS element (for citing)
DescDUES AND SUBSCRIPTIONSDesc
Total$2,013TotalAmt
Management And General$2,013ManagementAndGeneralAmt

All Other Expenses AllOtherExpensesGrp

FieldValueIRS element (for citing)
Total$30,907TotalAmt
Management And General$30,907ManagementAndGeneralAmt

Total Functional Expenses TotalFunctionalExpensesGrp

FieldValueIRS element (for citing)
Total$1,448,409TotalAmt
Program Services$982,396ProgramServicesAmt
Management And General$414,386ManagementAndGeneralAmt
Fundraising$51,627FundraisingAmt

Savings And Temp Cash Invst SavingsAndTempCashInvstGrp

FieldValueIRS element (for citing)
BOY$431,739BOYAmt
EOY$170,049EOYAmt

Pledges And Grants Receivable PledgesAndGrantsReceivableGrp

FieldValueIRS element (for citing)
BOY$197,479BOYAmt
EOY$140,996EOYAmt

Prepaid Expenses Defrd Charges PrepaidExpensesDefrdChargesGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$76,652EOYAmt

Investments Pub Traded Sec InvestmentsPubTradedSecGrp

FieldValueIRS element (for citing)
BOY$24,459,130BOYAmt
EOY$26,902,089EOYAmt

Investments Other Securities InvestmentsOtherSecuritiesGrp

FieldValueIRS element (for citing)
BOY$333,320BOYAmt

Other Assets Total OtherAssetsTotalGrp

FieldValueIRS element (for citing)
BOY$0BOYAmt
EOY$333,286EOYAmt

Total Assets TotalAssetsGrp

FieldValueIRS element (for citing)
BOY$25,421,668BOYAmt
EOY$27,623,072EOYAmt

Accounts Payable Accr Expnss AccountsPayableAccrExpnssGrp

FieldValueIRS element (for citing)
BOY$28,556BOYAmt
EOY$29,758EOYAmt

Grants Payable GrantsPayableGrp

FieldValueIRS element (for citing)
BOY$192,480BOYAmt
EOY$219,750EOYAmt

Total Liabilities TotalLiabilitiesGrp

FieldValueIRS element (for citing)
BOY$221,036BOYAmt
EOY$249,508EOYAmt
FieldValueIRS element (for citing)
Organization Follows FASB117Yes (X)OrganizationFollowsFASB117Ind

No Donor Restriction Net Assets NoDonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$5,222,535BOYAmt
EOY$5,103,151EOYAmt

Donor Restriction Net Assets DonorRestrictionNetAssetsGrp

FieldValueIRS element (for citing)
BOY$19,978,097BOYAmt
EOY$22,270,413EOYAmt

Total Net Assets Fund Balance TotalNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,200,632BOYAmt
EOY$27,373,564EOYAmt

Tot Liab Net Assets Fund Balance TotLiabNetAssetsFundBalanceGrp

FieldValueIRS element (for citing)
BOY$25,421,668BOYAmt
EOY$27,623,072EOYAmt
FieldValueIRS element (for citing)
Reconcilation Revenue Expnss$1,101,257ReconcilationRevenueExpnssAmt
Net Unrlzd Gains Losses Invst$1,071,675NetUnrlzdGainsLossesInvstAmt
Other Changes In Net Assets$0OtherChangesInNetAssetsAmt
Info In Schedule O Part XIIYes (X)InfoInScheduleOPartXIIInd
Method Of Accounting AccrualYes (X)MethodOfAccountingAccrualInd
Accountant Compile Or Review0AccountantCompileOrReviewInd
FS AuditedYes (1)FSAuditedInd

FS Audited Basis FSAuditedBasisGrp

FieldValueIRS element (for citing)
Separate Basis Fincl StmtYes (X)SeparateBasisFinclStmtInd
FieldValueIRS element (for citing)
Audit CommitteeYes (1)AuditCommitteeInd
Federal Grant Audit Required0FederalGrantAuditRequiredInd

Schedule A IRS990ScheduleA

FieldValueIRS element (for citing)
College OrganizationYes (X)CollegeOrganizationInd

Gifts Grants Contri Rcvd170 GiftsGrantsContriRcvd170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$117,824CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$221,873CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$309,573CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$512,719CurrentTaxYearMinus1YearAmt
Current Tax Year$267,744CurrentTaxYearAmt
Total$1,429,733TotalAmt

Total Calendar Year170 TotalCalendarYear170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$117,824CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$221,873CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$309,573CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$512,719CurrentTaxYearMinus1YearAmt
Current Tax Year$267,744CurrentTaxYearAmt
Total$1,429,733TotalAmt
FieldValueIRS element (for citing)
Public Support Total170$1,429,733PublicSupportTotal170Amt

Gross Investment Income170 GrossInvestmentIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$839,409CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$1,447,031CurrentTaxYearMinus3YearsAmt
Current Tax Year Minus2 Years$656,741CurrentTaxYearMinus2YearsAmt
Current Tax Year Minus1 Year$843,497CurrentTaxYearMinus1YearAmt
Current Tax Year$1,471,867CurrentTaxYearAmt
Total$5,258,545TotalAmt

Other Income170 OtherIncome170Grp

FieldValueIRS element (for citing)
Current Tax Year Minus4 Years$26,552CurrentTaxYearMinus4YearsAmt
Current Tax Year Minus3 Years$12,254CurrentTaxYearMinus3YearsAmt
Total$38,806TotalAmt
FieldValueIRS element (for citing)
Total Support$6,727,084TotalSupportAmt
Public Support CY1700.21250PublicSupportCY170Pct
Public Support PY1700.22640PublicSupportPY170Pct
Ten Pct Facts Crcmstncs Test CYYes (X)TenPctFactsCrcmstncsTestCYInd
Facts And Circumstances TestCARL SANDBURG COLLEGE FOUNDATION ATTACHMENT TO SCHEDULE A RE: PUBLIC SUPPORT TEST THE PUBLIC SUPPORT PERCENTAGES FOR THE CARL SANDBURG COLLEGE FOUNDATION FOR 2024 AND 2023 ARE 21.38% AND 22.64%, RESPECTIVELY. SINCE THE FOUNDATION'S PUBLIC SUPPORT PERCENTAGE IS LESS THAN 33 1/3 PERCENT FOR THE CURRENT AND PRIOR YEAR, IT FAILS THE MECHANICAL TEST FOR PUBLIC SUPPORT. THEREFORE, THE FOUNDATION MUST PASS THE FACTS AND CIRCUMSTANCES TEST IN ORDER TO MAINTAIN ITS PUBLIC SUPPORT STATUS. THE FOUNDATION DOES PASS THE FACTS AND CIRCUMSTANCES TEST FOR 2024. IN ORDER TO PASS THE FACTS AND CIRCUMSTANCES TEST, THE ORGANIZATION MUST DO THE FOLLOWING: SOURCES OF SUPPORT- THE ORGANIZATION SHOULD SEEK GIFTS AND CONTRIBUTIONS FROM A WIDE BASE OF POTENTIAL DONORS IN THE COMMUNITY THAT IS SERVED. THE FOUNDATION SEEKS CONTRIBUTIONS FROM A VARIETY OF SOURCES, INCLUDING, BUT NOT LIMITED TO INDIVIDUALS WITHIN THE COMMUNITY, BUSINESSES WITHIN THE COMMUNITY, OTHER PUBLICLY SUPPORTED ORGANIZATIONS WITHIN THE COMMUNITY AND OTHER PUBLIC AND PRIVATE FOUNDATIONS WITHIN THE COMMUNITY. REPRESENTATIVE GOVERNING BODY- THE BOARD OF DIRECTORS SHOULD REPRESENT VARIOUS AREAS OF PUBLIC INTEREST IN THE AREAS SERVED. THE FOUNDATION MAINTAINS A DIVERSE BOARD OF DIRECTORS REPRESENTING MANY INTEREST GROUPS WITHIN THE COMMUNITY. AVAILABILITY OF PUBLIC FACILITIES OR SERVICES AND/OR PUBLIC PARTICIPATION IN PROGRAMS- THE ORGANIZATION SHOULD BE ALWAYS OFFERING ITS SERVICES TO DONORS IN PLANNING THEIR GIVING AND EDUCATING THE PUBLIC ABOUT GRANT MAKING OPPORTUNITIES. THE FOUNDATION UNDERTAKES NUMEROUS INITIATIVES THROUGHOUT THE YEAR TO EDUCATE DONORS ON THE OPTIONS AVAILABLE FOR CHARITABLE GIVING AND ALSO EDUCATES AREA ORGANIZATIONS AND SCHOOLS ON THE FUNDS AVAILABLE ANNUALLY FOR DISTRIBUTION FROM THE ORGANIZATION. ALL SERVICES ARE PROVIDED AT NO COST TO THE DONORS OR GRANT RECIPIENTS. IN ADDITION, THE FOUNDATION OFFERS A NUMBER OF FORUMS ON COMMUNITY INTEREST ITEMS THROUGHOUT THE YEAR THAT ARE OPEN TO THE GENERAL PUBLIC.FactsAndCircumstancesTestTxt

Schedule B IRS990ScheduleB

Contributor Information ContributorInformationGrp

FieldValueIRS element (for citing)
ContributorRESTRICTEDContributorNum

Contributor Business Name ContributorBusinessName

FieldValueIRS element (for citing)
Business Name Line1RESTRICTEDBusinessNameLine1

Contributor US Address ContributorUSAddress

FieldValueIRS element (for citing)
Address Line1RESTRICTEDAddressLine1
Address Line2RESTRICTEDAddressLine2
CityRESTRICTEDCity
StateRESTRICTEDState
ZIP CodeRESTRICTEDZIPCode
FieldValueIRS element (for citing)
Total ContributionsRESTRICTEDTotalContributionsAmt

Schedule D IRS990ScheduleD

CY Endwmt Fund CYEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$8,508,609BeginningYearBalanceAmt
Contributions$90,744ContributionsAmt
Investment Earnings Or Losses$1,230,722InvestmentEarningsOrLossesAmt
Other Expenditures$222,403OtherExpendituresAmt
End Year Balance$9,607,672EndYearBalanceAmt

CY Minus1 Yr Endwmt Fund CYMinus1YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$22,590,004BeginningYearBalanceAmt
Contributions$599,029ContributionsAmt
Investment Earnings Or Losses$3,154,934InvestmentEarningsOrLossesAmt
Other Expenditures$1,143,335OtherExpendituresAmt
End Year Balance$25,200,632EndYearBalanceAmt

CY Minus2 Yr Endwmt Fund CYMinus2YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$20,722,581BeginningYearBalanceAmt
Contributions$393,418ContributionsAmt
Investment Earnings Or Losses$2,288,544InvestmentEarningsOrLossesAmt
Other Expenditures$814,539OtherExpendituresAmt
End Year Balance$22,580,004EndYearBalanceAmt

CY Minus3 Yr Endwmt Fund CYMinus3YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$25,028,396BeginningYearBalanceAmt
Contributions$312,725ContributionsAmt
Investment Earnings Or Losses-$4,042,092InvestmentEarningsOrLossesAmt
Other Expenditures$576,448OtherExpendituresAmt
End Year Balance$20,722,581EndYearBalanceAmt

CY Minus4 Yr Endwmt Fund CYMinus4YrEndwmtFundGrp

FieldValueIRS element (for citing)
Beginning Year Balance$19,974,433BeginningYearBalanceAmt
Contributions$261,479ContributionsAmt
Investment Earnings Or Losses$5,370,838InvestmentEarningsOrLossesAmt
Other Expenditures$578,354OtherExpendituresAmt
End Year Balance$25,028,396EndYearBalanceAmt
FieldValueIRS element (for citing)
Board Designated Balance EOY0.22050BoardDesignatedBalanceEOYPct
Prmnnt Endowment Balance EOY0.04940PrmnntEndowmentBalanceEOYPct
Term Endowment Balance EOY0.73010TermEndowmentBalanceEOYPct
Endowments Held Unrelated Org0EndowmentsHeldUnrelatedOrgInd
Endowments Held Related Org0EndowmentsHeldRelatedOrgInd
Total Book Value Land Buildings$0TotalBookValueLandBuildingsAmt
Footnote TextYes (X)FootnoteTextInd
Total Rev Etc Audited Fincl Stmt$3,797,978TotalRevEtcAuditedFinclStmtAmt
Net Unrealized Gains Invst$1,071,675NetUnrealizedGainsInvstAmt
Donated Services And Use Fclts$111,385DonatedServicesAndUseFcltsAmt
Other Revenue$65,252OtherRevenueAmt
Revenue Not Reported$1,248,312RevenueNotReportedAmt
Revenue Subtotal$2,549,666RevenueSubtotalAmt
Revenue Not Reported Fincl Stmt$0RevenueNotReportedFinclStmtAmt
Total Revenue Per Form990$2,549,666TotalRevenuePerForm990Amt
Tot Expns Etc Audited Fincl Stmt$1,625,046TotExpnsEtcAuditedFinclStmtAmt
Donated Services Use Fclts$111,385DonatedServicesUseFcltsAmt
Other Expenses Included$65,252OtherExpensesIncludedAmt
Expenses Not Reported$176,637ExpensesNotReportedAmt
Expenses Subtotal$1,448,409ExpensesSubtotalAmt
Expenses Not Rpt Fincl Stmt$0ExpensesNotRptFinclStmtAmt
Total Expenses Per Form990$1,448,409TotalExpensesPerForm990Amt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART X, LINE 2:FormAndLineReferenceDesc
ExplanationACCOUNTING PRINCIPLES GENERALLY ACCEPTED IN THE UNITED STATES OF AMERICA REQUIRE MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE FOUNDATION AND RECOGNIZE A TAX LIABILITY IF THE FOUNDATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY VARIOUS FEDERAL AND STATE TAXING AUTHORITIES. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE FOUNDATION, AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2024 AND 2023, THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY OR DISCLOSURE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS; HOWEVER, THERE ARE CURRENTLY NO AUDITS FOR ANY TAX PERIODS IN PROGRESS. AS SUCH, THE FOUNDATION IS GENERALLY EXEMPT FROM INCOME TAXES. HOWEVER, THE FOUNDATION IS REQUIRED TO FILE FEDERAL FORM 990 - RETURN OF FOUNDATION EXEMPT FROM INCOME TAX WHICH IS AN INFORMATIONAL RETURN ONLY.ExplanationTxt

Schedule I IRS990ScheduleI

FieldValueIRS element (for citing)
Grant Records Maintained0GrantRecordsMaintainedInd

Recipient Table RecipientTable

Recipient Business Name RecipientBusinessName

FieldValueIRS element (for citing)
Business Name Line1CARL SANDBURG COLLEGEBusinessNameLine1Txt

US Address USAddress

FieldValueIRS element (for citing)
Address Line12400 TOM L WILSON BLVDAddressLine1Txt
CityGALESBURGCityNm
State AbbreviationILStateAbbreviationCd
ZIP61401ZIPCd
FieldValueIRS element (for citing)
Recipient EIN370896983RecipientEIN
IRC SectionGOVERNMENTIRCSectionDesc
Cash Grant$393,399CashGrantAmt
Non Cash Assistance$0NonCashAssistanceAmt
Purpose Of GrantTO PROVIDE SCHOLARSHIPS FOR STUDENTS AND PROGRAM NEEDS FOR CSCPurposeOfGrantTxt
FieldValueIRS element (for citing)
Total501c3 Org1Total501c3OrgCnt
Total Other Org0TotalOtherOrgCnt

Grants Other Asst To Indiv In US GrantsOtherAsstToIndivInUSGrp

FieldValueIRS element (for citing)
Grant TypeSCHOLARSHIPSGrantTypeTxt
Recipient379RecipientCnt
Cash Grant$479,816CashGrantAmt

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferencePART I, LINE 2:FormAndLineReferenceDesc
ExplanationTHE FOUNDATION BOARD SENDS OUT A CALL FOR WRITTEN APPLICATION. EXEC. DIRECTOR SCREENS FOR ELIGIBILITY, A COMMITTEE OF THE BOARD EVALUATES, AND NOTICES OF AWARDS ARE SENT TO SUCCESSFUL GRANTEES. THE FOUNDATION PREPARES WRITTEN PAY REQUESTS TO TRANSFER FUNDS TO THE DEPARTMENT.ExplanationTxt

Schedule J IRS990ScheduleJ

FieldValueIRS element (for citing)
Severance Payment0SeverancePaymentInd
Supplemental Nonqual Rtr Plan0SupplementalNonqualRtrPlanInd
Equity Based Comp Arrngm0EquityBasedCompArrngmInd
Comp Based On Revenue Of Flng Org0CompBasedOnRevenueOfFlngOrgInd
Comp Bsd On Rev Related Orgs0CompBsdOnRevRelatedOrgsInd
Comp Bsd Net Earns Flng Org0CompBsdNetEarnsFlngOrgInd
Comp Bsd Net Earns Rltd Orgs0CompBsdNetEarnsRltdOrgsInd
Any Non Fixed Payments0AnyNonFixedPaymentsInd
Initial Contract Exception0InitialContractExceptionInd

Supplemental Information Detail SupplementalInformationDetail

FieldValueIRS element (for citing)
Form And Line ReferenceFORM 990, PART VII, LINE 5FormAndLineReferenceDesc
ExplanationCERTAIN OFFICERS OF THE ORGANIZATION ARE COMPENSATED THROUGH CARL SANDBURG COLLEGE. THE COLLEGE IS UNRELATED TO THE FOUNDATION FOR 990 REPORTING PURPOSES. TOTAL COMPENSATION FROM THE COLLEGE TO ERIC JOHNSON AS CHIEF ADVANCEMENT OFFICER OF THE FOUNDATION WAS $83,465.ExplanationTxt

Schedule O IRS990ScheduleO

Supplemental Information Detail SupplementalInformationDetail (4 entries)

Form And Line ReferenceFormAndLineReferenceDescExplanationExplanationTxt
FORM 990, PART VI, SECTION B, LINE 11BTHE AUDIT COMMITTEE REVIEWS THE DRAFT FORM 990 AND ALL BOARD MEMBERS, INCLUDING NON-VOTING MEMBERS, RECEIVE COPIES OF THE FINAL FORM 990 PRIOR TO FILING.
FORM 990, PART VI, SECTION B, LINE 12CTHE BOARD DISCUSSED THIS POLICY AT THEIR ANNUAL MEETING, AND ALL BOARD MEMBERS ARE ASKED TO REPORT ANY CONFLICTS
FORM 990, PART VI, SECTION C, LINE 19AVAILABLE UPON REQUEST.
990, PART XXI, LINE 2CTHE AUDIT COMMITTEE REVIEWS THE DRAFT FORM 990 AND ALL BOARD MEMBERS, INCLUDING NON-VOTING MEMBERS, RECEIVE COPIES OF THE FINAL FORM 990 PRIOR TO FILING.