U-46 EDUCATIONAL FOUNDATION: Form 990, tax year 2011

View the entire original 990 at ProPublica ↗

Organization: U-46 EDUCATIONAL FOUNDATION (EIN 77-0670760)
Tax period: 2011-07-01 to 2012-06-30
Filed: 2012-09-17
IRS object ID: 201242619349300924
Schema version: 2011v1.2
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
Form 990
Schedule A
Schedule B
Schedule I
Schedule O

Return header ReturnHeader

Field	Value	IRS element (for citing)
Timestamp	2012-09-17T12:34:46-07:00	Timestamp
Tax Period End Date	2012-06-30	TaxPeriodEndDate

Preparer Firm PreparerFirm

Preparer Firm Business Name PreparerFirmBusinessName

Field	Value	IRS element (for citing)
Business Name Line1	BUSINESS MATTERS	BusinessNameLine1

Preparer Firm US Address PreparerFirmUSAddress

Field	Value	IRS element (for citing)
Address Line1	2400 BIG TIMBER RD STE 101A	AddressLine1
City	ELGIN	City
State	IL	State
ZIP Code	601247835	ZIPCode

Field	Value	IRS element (for citing)
Return Type	990	ReturnType
Tax Period Begin Date	2011-07-01	TaxPeriodBeginDate

Filer Filer

Field	Value	IRS element (for citing)
EIN	770670760	EIN

Name Name

Field	Value	IRS element (for citing)
Business Name Line1	U-46 EDUCATIONAL FOUNDATION	BusinessNameLine1

Field	Value	IRS element (for citing)
Name Control	U-46	NameControl
Phone	8478885000	Phone

US Address USAddress

Field	Value	IRS element (for citing)
Address Line1	355 EAST CHICAGO STREET	AddressLine1
City	ELGIN	City
State	IL	State
ZIP Code	60120	ZIPCode

Officer Officer

Field	Value	IRS element (for citing)
Name	SCOTT DAMISCH	Name
Title	TREASURER	Title
Phone	8478885000	Phone
Date Signed	2012-09-07	DateSigned
Authorize Third Party	true	AuthorizeThirdParty

Preparer Preparer

Field	Value	IRS element (for citing)
Name	NANCY GUTHRIE CPA	Name
Phone	8479974101	Phone
Date Prepared	2012-09-17	DatePrepared
Self Employed	X	SelfEmployed

Field	Value	IRS element (for citing)
Tax Year	2011	TaxYear
Build TS	2016-02-24 21:20:13Z	BuildTS

Form 990 IRS990

Field	Value	IRS element (for citing)
Name Of Principal Officer Person	SCOTT DAMISCH	NameOfPrincipalOfficerPerson

Address Principal Officer US AddressPrincipalOfficerUS

Field	Value	IRS element (for citing)
Address Line1	355 EAST CHICAGO	AddressLine1
City	ELGIN	City
State	IL	State
ZIP Code	60120	ZIPCode

Field	Value	IRS element (for citing)
Gross Receipts	73515	GrossReceipts
Group Return For Affiliates	false	GroupReturnForAffiliates
Organization501c3	X	Organization501c3
Web Site	N/A	WebSite
Type Of Organization Corporation	X	TypeOfOrganizationCorporation
Year Formation	2006	YearFormation
State Legal Domicile	IL	StateLegalDomicile
Activity Or Mission Description	Educational: The mission of the U-46 Foundation is to acquire and dedicate resources to enhance the quality of education for U-46 students. Sponsor of special activities and district scholarship programs	ActivityOrMissionDescription
Nbr Voting Members Governing Body	14	NbrVotingMembersGoverningBody
Nbr Independent Voting Members	14	NbrIndependentVotingMembers
Total Nbr Employees	0	TotalNbrEmployees
Total Nbr Volunteers	4	TotalNbrVolunteers
Total Gross UBI	0	TotalGrossUBI
Contributions Grants Prior Year	49337	ContributionsGrantsPriorYear
Contributions Grants Current Year	72786	ContributionsGrantsCurrentYear
Program Service Revenue CY	0	ProgramServiceRevenueCY
Investment Income Prior Year	630	InvestmentIncomePriorYear
Investment Income Current Year	729	InvestmentIncomeCurrentYear
Other Revenue Current Year	0	OtherRevenueCurrentYear
Total Revenue Prior Year	49967	TotalRevenuePriorYear
Total Revenue Current Year	73515	TotalRevenueCurrentYear
Grants And Similar Amnts Prior Year	32000	GrantsAndSimilarAmntsPriorYear
Grants And Similar Amnts CY	64984	GrantsAndSimilarAmntsCY
Benefits Paid To Members CY	0	BenefitsPaidToMembersCY
Salaries Etc Current Year	0	SalariesEtcCurrentYear
Total Prof Fundrsng Exp CY	0	TotalProfFundrsngExpCY
Total Fundrsng Exp Current Year	1499	TotalFundrsngExpCurrentYear
Other Expense Prior Year	2056	OtherExpensePriorYear
Other Expenses Current Year	5737	OtherExpensesCurrentYear
Total Expenses Prior Year	34056	TotalExpensesPriorYear
Total Expenses Current Year	70721	TotalExpensesCurrentYear
Revenues Less Expenses Prior Year	15911	RevenuesLessExpensesPriorYear
Revenues Less Expenses CY	2794	RevenuesLessExpensesCY
Total Assets BOY	208702	TotalAssetsBOY
Total Assets EOY	211496	TotalAssetsEOY
Total Liabilities EOY	0	TotalLiabilitiesEOY
Net Assets Or Fund Balances BOY	208702	NetAssetsOrFundBalancesBOY
Net Assets Or Fund Balances EOY	211496	NetAssetsOrFundBalancesEOY
Mission Description	Educational:	MissionDescription
Significant New Program Services	false	SignificantNewProgramServices
Significant Change	false	SignificantChange
Expense	64984	Expense
Grants	64984	Grants
Description	SPONSOR OF SPECIAL ACTIVITIES AND DISTRICT SCHOLARSHIP PROGRAMS	Description
Total Program Service Expense	64984	TotalProgramServiceExpense
Described In501 C3	true	DescribedIn501C3
Schedule B Required	true	ScheduleBRequired
Political Activities	false	PoliticalActivities
Lobbying Activities	false	LobbyingActivities
Subject To Proxy Tax	false	SubjectToProxyTax
Donor Advised Funds	false	DonorAdvisedFunds
Conservation Easements	false	ConservationEasements
Collections Of Art	false	CollectionsOfArt
Credit Counseling	false	CreditCounseling
Term Or Permanent Endowments	false	TermOrPermanentEndowments
Report Land Bldg Equip	false	ReportLandBldgEquip
Report Invest Oth Securities	false	ReportInvestOthSecurities
Report Prog Rel Invest	false	ReportProgRelInvest
Report Other Assets	false	ReportOtherAssets
Report Other Liabilities	false	ReportOtherLiabilities
Report Fin48 Footnote	false	ReportFin48Footnote
Independent Audit Financial Stmt	false	IndependentAuditFinancialStmt
Consolidated Audit Financial Stmt	false	ConsolidatedAuditFinancialStmt
School	false	School
Foreign Office	false	ForeignOffice
Foreign Activities	false	ForeignActivities
More Than5000 K To Organizations	false	MoreThan5000KToOrganizations
More Than5000 K To Individuals	false	MoreThan5000KToIndividuals
Professional Fundraising	false	ProfessionalFundraising
Fundraising Activities	false	FundraisingActivities
Gaming	false	Gaming
Hospital	false	Hospital
Grants To Organizations	true	GrantsToOrganizations
Grants To Individuals	false	GrantsToIndividuals
Schedule J Required	false	ScheduleJRequired
Tax Exempt Bonds	false	TaxExemptBonds
Excess Benefit Transaction	false	ExcessBenefitTransaction
Prior Excess Benefit Transaction	false	PriorExcessBenefitTransaction
Loan To Officer Or DQP	false	LoanToOfficerOrDQP
Grant To Related Person	false	GrantToRelatedPerson
Bsnss Rltnshp With Organization	false	BsnssRltnshpWithOrganization
Bsnss Rltnshp Thru Family Member	false	BsnssRltnshpThruFamilyMember
Officer Entity With Bsnss Rltnshp	false	OfficerEntityWithBsnssRltnshp
Deductible Non Cash Contributions	false	DeductibleNonCashContributions
Deductible Contributions Of Art	false	DeductibleContributionsOfArt
Terminated	false	Terminated
Partial Liquidation	false	PartialLiquidation
Disregarded Entity	false	DisregardedEntity
Related Entity	false	RelatedEntity
Related Org Controlled Entity	false	RelatedOrgControlledEntity
Transaction Related Entity	false	TransactionRelatedEntity
Activities Conducted Partnership	false	ActivitiesConductedPartnership
Schedule O Required	true	ScheduleORequired
Number Forms Transmitted With1096	0	NumberFormsTransmittedWith1096
Number W2 G Included	0	NumberW2GIncluded
Compliance With Backup Witholding	true	ComplianceWithBackupWitholding
Number Of Employees	0	NumberOfEmployees
Unrelated Business Income	false	UnrelatedBusinessIncome
Foreign Financial Account	false	ForeignFinancialAccount
Prohibited Tax Shelter Trans	false	ProhibitedTaxShelterTrans
Taxable Party Notification	false	TaxablePartyNotification
Non Deductible Contributions	false	NonDeductibleContributions
Quid Pro Quo Contributions	false	QuidProQuoContributions
Form8282 Property Disposed Of	false	Form8282PropertyDisposedOf
Funds To Pay Premiums	false	FundsToPayPremiums
Premiums Paid	false	PremiumsPaid
Indoor Tanning Services	false	IndoorTanningServices
Info In Schedule O Part VI	X	InfoInScheduleOPartVI
Nbr Voting Governing Body Members	14	NbrVotingGoverningBodyMembers
Number Independent Voting Members	14	NumberIndependentVotingMembers
Family Or Business Relationship	false	FamilyOrBusinessRelationship
Delegation Of Management Duties	false	DelegationOfManagementDuties
Changes To Organizing Docs	false	ChangesToOrganizingDocs
Material Diversion Or Misuse	false	MaterialDiversionOrMisuse
Members Or Stockholders	false	MembersOrStockholders
Election Of Board Members	false	ElectionOfBoardMembers
Decisions Subject To Approval	false	DecisionsSubjectToApproval
Minutes Of Governing Body	true	MinutesOfGoverningBody
Minutes Of Committees	true	MinutesOfCommittees
Officer Mailing Address	false	OfficerMailingAddress
Local Chapters	false	LocalChapters
Form990 Provided To Governing Body	true	Form990ProvidedToGoverningBody
Conflict Of Interest Policy	true	ConflictOfInterestPolicy
Annual Disclosure Covered Persons	true	AnnualDisclosureCoveredPersons
Regular Monitoring Enforcement	true	RegularMonitoringEnforcement
Whistleblower Policy	false	WhistleblowerPolicy
Document Retention Policy	true	DocumentRetentionPolicy
Compensation Process CEO	false	CompensationProcessCEO
Compensation Process Other	false	CompensationProcessOther
Investment In Joint Venture	false	InvestmentInJointVenture
States Where Copy Of Return Is Filed	IL	StatesWhereCopyOfReturnIsFiled
Own Website	X	OwnWebsite
Upon Request	X	UponRequest

The Books Are In Care Of TheBooksAreInCareOf

Field	Value	IRS element (for citing)
Name Person	SCOTT DAMISCH	NamePerson
Telephone Number	8478885000	TelephoneNumber

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	355 EAST CHICAGO	AddressLine1
City	ELGIN	City
State	IL	State
ZIP Code	60120	ZIPCode

Field	Value	IRS element (for citing)
No Listed Persons Compensated	X	NoListedPersonsCompensated

Form990 Part VII Section A Form990PartVIISectionA (14 entries)

TitleTitle	Average Hours Per WeekAverageHoursPerWeek	Individual Trustee Or DirectorIndividualTrusteeOrDirector	OfficerOfficer	Reportable Comp From OrganizationReportableCompFromOrganization	Reportable Comp From Related OrgsReportableCompFromRelatedOrgs	Other CompensationOtherCompensation
SUE RAKOW
President	0.00	X	X	0	0	0
LEO NELSON
Vice President	0.00	X	X	0	0	0
SCOTT DAMISCH
Treasurer	0.00	X	X	0	0	0
ALFRED KIRKLAND
Secretary	0.00	X	X	0	0	0
MIKE BERSANI
Director	0.00	X		0	0	0
DONNA BOCHAT
Director	0.00	X		0	0	0
JEAN BOWEN
Director	0.00	X		0	0	0
SHARON CADDIGAN
Director	0.00	X		0	0	0
REV NATHANIEL EDMOND
Director	0.00	X		0	0	0
JAIME GARCIA
Director	0.00	X		0	0	0
ELIZABETH HOEFT
Director	0.00	X		0	0	0
LARRY JONES
Director	0.00	X		0	0	0
RITA LOPIENSKI
Director	0.00	X		0	0	0
CHANDLER SWAN
Director	0.00	X		0	0	0

Field	Value	IRS element (for citing)
Formers Listed	false	FormersListed
Total Comp GT150 K	false	TotalCompGT150K
Compensation From Other Sources	false	CompensationFromOtherSources
All Other Contributions	72786	AllOtherContributions
Total Contributions	72786	TotalContributions

Investment Income InvestmentIncome

Field	Value	IRS element (for citing)
Total Revenue Column	729	TotalRevenueColumn
Exclusion	$729	ExclusionAmount

Total Revenue TotalRevenue

Field	Value	IRS element (for citing)
Total Revenue Column	73515	TotalRevenueColumn
Exclusion	$729	ExclusionAmount

Grants To Domestic Orgs GrantsToDomesticOrgs

Field	Value	IRS element (for citing)
Total	64984	Total
Program Services	64984	ProgramServices

Fees For Services Accounting FeesForServicesAccounting

Field	Value	IRS element (for citing)
Total	2240	Total
Program Services	0	ProgramServices
Management And General	2240	ManagementAndGeneral
Fundraising	0	Fundraising

Fees For Services Other FeesForServicesOther

Field	Value	IRS element (for citing)
Total	836	Total
Program Services	0	ProgramServices
Management And General	836	ManagementAndGeneral
Fundraising	0	Fundraising

Advertising Advertising

Field	Value	IRS element (for citing)
Total	1499	Total
Program Services	0	ProgramServices
Management And General	0	ManagementAndGeneral
Fundraising	1499	Fundraising

Office Expenses OfficeExpenses

Field	Value	IRS element (for citing)
Total	24	Total
Program Services	0	ProgramServices
Management And General	24	ManagementAndGeneral
Fundraising	0	Fundraising

Conferences Meetings ConferencesMeetings

Field	Value	IRS element (for citing)
Total	68	Total
Program Services	0	ProgramServices
Management And General	68	ManagementAndGeneral
Fundraising	0	Fundraising

Other Expenses OtherExpenses (3 entries)

DescriptionDescription	TotalTotal	Management And GeneralManagementAndGeneral
Printing	332	332
Postage	113	113
Dues/Suscriptions	625	625

Total Functional Expenses TotalFunctionalExpenses

Field	Value	IRS element (for citing)
Total	70721	Total
Program Services	64984	ProgramServices
Management And General	4238	ManagementAndGeneral
Fundraising	1499	Fundraising

Cash Non Interest Bearing CashNonInterestBearing

Field	Value	IRS element (for citing)
BOY	208702	BOY
EOY	211496	EOY

Total Assets TotalAssets

Field	Value	IRS element (for citing)
BOY	208702	BOY
EOY	211496	EOY

Total Liabilities TotalLiabilities

Field	Value	IRS element (for citing)
BOY	0	BOY
EOY	0	EOY

Field	Value	IRS element (for citing)
Follow SFAS117	X	FollowSFAS117

Unrestricted Net Assets UnrestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	34698	BOY
EOY	40113	EOY

Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets

Field	Value	IRS element (for citing)
BOY	174004	BOY
EOY	171383	EOY

Total Net Assets Fund Balances TotalNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	208702	BOY
EOY	211496	EOY

Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances

Field	Value	IRS element (for citing)
BOY	208702	BOY
EOY	211496	EOY

Field	Value	IRS element (for citing)
Reconcilation Revenue Expenses	2794	ReconcilationRevenueExpenses
Method Of Accounting Accrual	X	MethodOfAccountingAccrual
Accountant Compile Or Review	true	AccountantCompileOrReview
FS Audited	false	FSAudited
Audit Committee	true	AuditCommittee
Financial Statement Separate	X	FinancialStatementSeparate
Federal Grant Audit Required	false	FederalGrantAuditRequired

Schedule A IRS990ScheduleA

Field	Value	IRS element (for citing)
Publicly Supported Org509a2	X	PubliclySupportedOrg509a2
Public Support Total170	0	PublicSupportTotal170

Gross Investment Income170 GrossInvestmentIncome170

Field	Value	IRS element (for citing)
Total	0	Total

Field	Value	IRS element (for citing)
Public Support Pertcentage170	0	PublicSupportPertcentage170

Gifts Grants Contrib Received509 GiftsGrantsContribReceived509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9106	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	22870	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	64467	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	49337	CurrentTaxYearMinus1Year
Current Tax Year	72786	CurrentTaxYear
Total	218566	Total

Total509 Total509

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	9106	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	22870	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	64467	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	49337	CurrentTaxYearMinus1Year
Current Tax Year	72786	CurrentTaxYear
Total	218566	Total

Amts Recd From Disqual Persons AmtsRecdFromDisqualPersons

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	2400	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5500	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	2875	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	7125	CurrentTaxYearMinus1Year
Current Tax Year	10775	CurrentTaxYear
Total	28675	Total

Amts From Subst Contributors AmtsFromSubstContributors

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	5156	CurrentTaxYearMinus4Years
Current Tax Year Minus2 Years	36000	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	19850	CurrentTaxYearMinus1Year
Current Tax Year	26254	CurrentTaxYear
Total	87260	Total

Support From DQ Ps Etc SupportFromDQPsEtc

Field	Value	IRS element (for citing)
Current Tax Year Minus4 Years	7556	CurrentTaxYearMinus4Years
Current Tax Year Minus3 Years	5500	CurrentTaxYearMinus3Years
Current Tax Year Minus2 Years	38875	CurrentTaxYearMinus2Years
Current Tax Year Minus1 Year	26975	CurrentTaxYearMinus1Year
Current Tax Year	37029	CurrentTaxYear
Total	115935	Total

Field	Value	IRS element (for citing)
Public Support Total509	102631	PublicSupportTotal509

Gross Investment Income509 GrossInvestmentIncome509

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	630	CurrentTaxYearMinus1Year
Current Tax Year	729	CurrentTaxYear
Total	1359	Total

Investment Income And UBTI InvestmentIncomeAndUBTI

Field	Value	IRS element (for citing)
Current Tax Year Minus1 Year	630	CurrentTaxYearMinus1Year
Current Tax Year	729	CurrentTaxYear
Total	1359	Total

Total Support Total TotalSupportTotal

Field	Value	IRS element (for citing)
Total	219925	Total

Field	Value	IRS element (for citing)
Public Support Percentage509	0.46670	PublicSupportPercentage509
Prior Year Support Percentage	0.44190	PriorYearSupportPercentage
Investment Income Percentage	0.00620	InvestmentIncomePercentage
Prior Yr Invest Income Percentage	0.00410	PriorYrInvestIncomePercentage
Thirty Three Percnt Tests CY509	X	ThirtyThreePercntTestsCY509

Schedule B IRS990ScheduleB

Contributor Info ContributorInfo

Field	Value	IRS element (for citing)
Contributor Number	RESTRICTED	ContributorNumber

Contributor Name Business ContributorNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	RESTRICTED	BusinessNameLine1

Contributor Address US ContributorAddressUS

Field	Value	IRS element (for citing)
Address Line1	RESTRICTED	AddressLine1
Address Line2	RESTRICTED	AddressLine2
City	RESTRICTED	City
State	RESTRICTED	State
ZIP Code	RESTRICTED	ZIPCode

Field	Value	IRS element (for citing)
Aggregate Contributions	RESTRICTED	AggregateContributions

Schedule I IRS990ScheduleI

Field	Value	IRS element (for citing)
Records Maintained	true	RecordsMaintained

Recipient Table RecipientTable

Recipient Name Business RecipientNameBusiness

Field	Value	IRS element (for citing)
Business Name Line1	SCHOOL DISTRICT U46	BusinessNameLine1

Address US AddressUS

Field	Value	IRS element (for citing)
Address Line1	355 EAST CHICAGO STREET	AddressLine1
City	ELGIN	City
State	IL	State
ZIP Code	60120	ZIPCode

Field	Value	IRS element (for citing)
EIN Of Recipient	366004736	EINOfRecipient
Amount Of Cash Grant	64984	AmountOfCashGrant
Purpose Of Grant	Educational	PurposeOfGrant

Schedule O IRS990ScheduleO

General Explanation GeneralExplanation (6 entries)

IdentifierIdentifier	ExplanationExplanation
Pt VI, Line 11a	A PDF copy of the 990 was emailed to each board members before
Pt VI, Line 11a	discussion in September meeting and before filing
Pt VI, Line 19	Gov Docs and Conflict Policy and Financial Statements available on request.
Pt VI, Line 12c	Annual completion and review for potential conflict.
Pt VI, Line 15	no compensation paid
Form 990EZ, Part I, Line 16	FEES 836. MARKETING SUPPLIES 24. MEETINGS 68. SUBSCRIPTIONS 625.