Form 990 for the fiscal year ending April 2024 (IRS tax year 2023).
Status and standing
Where the money goes
Statement of Functional Expenses
Financial health
Summary of the Filing
| FY2020 | $475K |
|---|---|
| FY2021 | $314K |
| FY2022 | $123K |
| FY2023 | $168K |
| FY2024 | $181K |
| FY2025 | $124K |
| FY2020 | $38K |
|---|---|
| FY2021 | $46K |
| FY2022 | $0 |
| FY2023 | $32 |
| FY2024 | $788 |
| FY2025 | $2 |
Balance Sheet
Statement of Revenue
Financial Metrics
Same NTEE category, revenue band, and state where available. Descriptive — not a grade.
| Metric | This org | Peer median | Percentile |
|---|---|---|---|
| Program ratio | 57% | — | — |
| Overhead ratio | 24% | — | — |
| Fundraising cost ratio | 16% | — | — |
| Revenue growth | 12% | — | — |
| Accounting fee ratio | 5% | — | — |
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.
Leadership and pay
Officers, Directors & Key Employees
Kristen Young’s $170K as Executive Director is at the 97th percentile of top reported officer pay among 1264 $100K–1M philanthropy & grantmaking nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.
Compensation history total reportable pay by year · 4 named individuals · Part VII
| Name | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 | FY2020 |
|---|---|---|---|---|---|---|
| Kristen Young | $169,575 | $140,000 | $64,697 | — | — | — |
| Katie Hurley Wales | — | — | — | $61,728 | $105,000 | $108,500 |
| Christine Bissler | — | — | $84,133 | — | — | — |
| Michelle Paulsen | — | — | — | $78,181 | — | — |
Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.
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Governance & Policies
Mission and programs
Funds cancer research and provides real estate education.
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Where the work happens
Real Estate Education
The organization has developed multiple hands-on experiential programs aimed to give students exposure to the real working world of real estate as well as access to and mentorship from industry leaders. This year alone, the foundation invested over $75,000 in scholarships and programs.
Gastrointestinal (gi) Cancer Research
The organization funds critical research aimed to advance gastrointestinal cancer medicine at the robert h. Lurie comprehensive cancer center of northwestern university, a national leader and top comprehensive cancer center.
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Funders
From grant filings on record. Receipts are incomplete: individual donors are never listed.
Grants
Filing history
| Year | Revenue | Expenses | Change | Filing |
|---|---|---|---|---|
| FY2025 Latest | $866K | $923K | +19% | 990 PDF |
| FY2024 Viewing | $729K | $717K | +12% | 990 PDF |
| FY2023 | $653K | $609K | -1% | 990 PDF |
| FY2022 | $662K | $806K | +3% | 990 PDF |
| FY2021 | $641K | $810K | +5% | 990 PDF |
| FY2020 | $608K | $806K | 990 PDF |
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Schedules filed Part IV
Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.
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Sources
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