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Callis Educational Fund EIN 20-3031363 Form 990 (PDF) Claim this org

Callis Educational Fund

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A private foundation based in Chicago, IL. It reported about $62K in revenue for 2021. For fiscal year 2021 it reported $62K in revenue, $105K in expenses, and $445K in net assets.Pt I

Type
Private foundation / grantmaker · Nonprofit
Location
Chicago, IL
Website
www.callisedfund.org
Filings
2 on file (2020–2021)
Revenue
$62KFY2021
Expenses
$105K
Net assets
$445K
People
0
Filings
2
Updates
0
More identity details & actions ⌄
EIN  20-3031363 Private foundation / grantmaker Chicago, IL
Form 990 (PDF)
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Size
<$100K
What they do
A private foundation based in Chicago, IL. It reported about $62K in revenue for 2021.
Money in and out
$62K revenue, $105K expenses
Bottom line
—
Grants paid & assets · FY2021
Total revenue
$62K
Pt VIII · Ln 12
Total expenses
$105K
Pt IX · Ln 25
Net assets
$445K
Pt X · Ln 32
Revenue less expenses (Pt I · Ln 19): −$43K
Total assets
445K
deployed as grants and operations
Grants paid
102K
in FY2021
Grants made
19grants
total in period
Payout rate
23%
of assets (5% rule)

Who They Fund

Part XV · grants paid · 19 grants · $102K · 2021–2021
Tennessee Technical UniversityFY2021$6,500
Willamette UniversityOR · FY2021$6,500
Texas a and MFY2021$6,500
Lipscomb UniversityTN · FY2021$6,500
Henderson State UniversityFY2021$6,500
Michigan Technical UniversityFY2021$6,500
University of TexasFY2021$6,500
Baylor UniversityTX · FY2021$6,500
University of Central ArkansasFY2021$6,500
Western Colorado University FoundationCO · FY2021$6,500
University of Mary Hardin BaylorFY2021$6,500
Pratt InstitutreFY2021$6,500
Kankakee Community CollegeFY2021$4,756
Nossi College of ArtFY2021$3,250
Ohio Northern UniversityOH · FY2021$3,250
University of KentuckyFY2021$3,250
Texas Tech UniversityFY2021$3,250
University of Tennessee KnoxvilleFY2021$3,250
See all 19 grants →

Grantmaking Profile

Patterns in foundation giving
Distinct granteesPart XV6
Average grantPart XV$5K
Median grantPart XV$6K
Largest grantPart XV$6K
Top cause focusNTEEColleges & Universities (21%)

Summary of the Filing

Part I · fiscal year 2021 · Form 990-PF
Revenue
$62K
FY2021▲ ×2390
Expenses
$105K
FY2021▼ -7%
Total assets
$445K
FY2021▼ -9%
Total liabilities
$0
FY2021
Total revenue
$62K
Pt VIII · Ln 12
Total expenses
$105K
Pt IX · Ln 25
Net assets
$445K
Pt X · Ln 32
Total assetsPt II$445K

Identity & Classification

Form 990 Header · IRS Business Master File
Legal nameHdr · item CCallis Educational Fund
EINHdr · item D20-3031363
Principal addressHdr · item CChicago, IL
WebsiteHdr · item Jwww.callisedfund.org
State of legal domicileHdr · item MIL
Exempt statusHdr · item I501(c)(3) · active
NTEE classificationIRS BMFNonprofit
Ruling yearIRS BMFpending

Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1apending
Independent voting membersPt VI · Ln 1bpending
Conflict-of-interest policyPt VI · Ln 12a—
Whistleblower policyPt VI · Ln 13—
Document retention policyPt VI · Ln 14—
CEO/top-official compensation independently reviewedPt VI · Ln 15a—
Family or business relationships among officers/directorsPt VI · Ln 2—

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation
Officers, directors & key employeesPt VII · Sec ANot reported

Statement of Revenue

Part VIII
Investment income100%$62K
Total revenueLn 12$62K

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Grants & contributions paid $0.97 Operating & administrative $0.03
Grants & contributions paid97%$102K
Operating & administrative3%$3K
Total functional expensesLn 25$105K

Balance Sheet

Part X · end of year
CashLn 1$73K
Total assetsLn 16$445K
Total liabilitiesLn 26$0
Total net assetsLn 32$445K
Months of cash on handcomputed8.3

Financial Metrics

Form 990 · FY2021 · each ratio shown with the dollars behind it
Liquidity & Payout
Payout rate
Grants paid $0 · Total assets $445K
0%
Where the money comes from
Contribution dependence
Contributions & grants — · Total revenue $62K
—
Government reliance
not reported
Earned-income share
not reported
Investment reliance
Investment income $0 · Total revenue $62K
0%
Program self-sufficiency
not reported
Growth & trend
Revenue growth (YoY)
This year $62K · Prior year $26
Prior-year revenue below floor — showing dollar change
Net-asset trend (YoY)
End of year $445K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $62K · Expenses $105K
-69%
Liabilities-to-Assets
Total liabilities — · Total assets $445K
—
Net-asset ratio
Net assets $445K · Total assets $445K
100%
People & payroll
Highest Reported Total Compensation
Individual — · Reported title — · Highest reported compensation — · Total expenses $105K
No individual compensation reported on this filing
Personnel share
not reported
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Revenue growth ×2390——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

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Filings & Schedule Manifest

Part IV
III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
FY2021 (Latest)$62K revenue · viewing · ⤓ 990 PDF
FY2020$26 revenue · ⤓ 990 PDF

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2021IRS
Classification, formation year, addressIRS Business Master File
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