To further the exempt purposes of Roessler-Chadwick Foundation (the Foundation) by operating as a supporting organization to the Foundation.

501(c)(3) charity; gifts are tax-deductible.
78¢ of each $1 spent went to programs.
$202K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
3 of 6
filings with a surplus
Average surplus $1.0M a year · 19% of revenue · last 6 filings
Worth a look: a surplus in 3 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
78%
of spending
Looks good: 78% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$202K
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
6 mo
of spending, in cash
Plus $38.1M in investments, Pt X · Ln 11–13
Looks good: 5.7 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $1.4M
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$15.2M
23% of total assets
Looks good: liabilities are 23% of assets; 50% or less.
Pt X · Ln 26
Independent board members
18
of 19 voting members
Looks good: 18 of 19 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$7.5M
Spent
$3.4M
To programs
78%
Net assets
$51.1M
By yearFY2020–FY2025
Revenue
$7.5M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$7.5M
FY2021$2.2M
FY2022$2.9M
FY2023$3.3M
FY2024$8.2M
FY2025$7.0M
Expenses
$3.4M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$3.4M
FY2021$3.7M
FY2022$4.1M
FY2023$4.3M
FY2024$4.8M
FY2025$4.7M
Net assets
$51.1M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$51.1M
FY2021$60.6M
FY2022$51.7M
FY2023$53.7M
FY2024$57.2M
FY2025$64.0M

From the FY2020 Form 990 (year ending June 2020) · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Nov 2014.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

78 cents of each dollar spent went to programs.

Program services 78% · $2.7M Management & general 22% · $757K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

20 people listed on the 990; $202K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2019); the FY2020 filing did not itemize Part VII
$151,941Pt VII · Sec A
$50,422Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A

John Kjenner’s $315K as CFO is at the 96th percentile of top reported officer pay among 3395 $1–10M education 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 · 2 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
John Kjenner$315,169$272,832$264,684$259,469$194,496$151,941
Frederick T Hill$61,858$102,702$106,735$101,061$50,576$50,422

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.

See Roessler-Chadwick Foundation Group executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aNo

Programs and updates

Operates as a supporting entity to further the foundation's charitable goals.

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Provided by the organization

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1 program · $2.7M · in their own filed words · FY2019
01

The organization provides supporting activities that primarily consist of holding, investing and managing assets received from the roessler-chadwick foundation (the foundation) and making expenditures for the benefit of the foundation and its students, including providing a source of funding for the foundation's financial aid program…

$2.7Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · received and paid
Grants received · FY2024
Total grants receivedfrom 1 funder$1.4M
Grants paid · 6 grants · $8.6M · 2019–2024
Roessler-Chadwick FoundationCA · FY2024$1,640,872
Roessler-Chadwick FoundationCA · FY2023$1,562,594
Roessler-Chadwick FoundationCA · FY2022$1,520,373
Roessler-Chadwick FoundationCA · FY2021$1,363,143
Roessler-Chadwick FoundationCA · FY2020$1,264,265
Roessler-Chadwick FoundationCA · FY2019$1,262,591

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$7.5M
Ln 12
Investment incomeLn 3$3.2M
Gifts and grantsLn 1h$2.5M
Fees for servicesLn 2g$1.5M
Money outPt IX
$3.4M
Ln 25
Programscol B$2.7M
Managementcol C$757K
Owns and owesPt X
$51.1M
net assets · Ln 32
Cash and savingsLn 1–2$1.6M
Total assetsLn 16$66.4M
LiabilitiesLn 26$15.2M
PeoplePt VI, VII
20
listed · VII A
PaidVII A2
Voting boardVI 1a19
IndependentVI 1b18
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.5M
Noncash giftsLn 1g$762K
Fees for servicesLn 2g$1.5M
Investment incomeLn 3$3.2M
Other incomeLn 4–11$231K
Gains on assetsLn 7$2.3M
Total revenueLn 12$7.5M
Assets in detailPt X, end of year
SavingsLn 2$1.6M
Cash and savings togetherLn 1–2$1.6M
InvestmentsLn 11–13$38.1M
Land, buildings, equipmentLn 10c$23.1M
Other assetsLn 15$1.5M
Total assetsLn 16$66.4M
LiabilitiesLn 26$15.2M
Net assetsLn 32$51.1M
OperationsPt I, VI
EmployeesI 52
VolunteersI 622
Fiscal year endsHeaderJune
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY20End FY20
Cash and savingsLn 1–2$4.9M$1.6M
InvestmentsLn 11–13$31.8M$38.1M
Land, buildings, equipmentLn 10c$19.5M$23.1M
Total assetsLn 16$58.9M$66.4M
LiabilitiesLn 26$9.5M$15.2M
Net assetsLn 32$49.4M$51.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$1.3M$1.3M
Pay of current officers, directors and key staffLn 5$167K$167K
Payroll taxesLn 10$16K$16K
Legal feesLn 11b$77K$77K
Accounting feesLn 11c$62K$62K
Investment management feesLn 11f$86K$86K
Other fees for servicesLn 11g$24K$24K
Office expensesLn 13$58$58
OccupancyLn 16$309K$252K$58K
TravelLn 17$3K$3K
Conferences, conventions and meetingsLn 19$401$401
Depreciation, depletion and amortizationLn 22$1.2M$970K$220K
Other expenses (24a–d)Ln 24$207K$167K$40K
All other expensesLn 24e$4K$4K
Total functional expensesLn 25$3.4M$2.7M$757K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $7.0M$4.7M$2.3M$64.0M 990 PDF
FY2024 $8.2M$4.8M$3.4M$57.2M 990 PDF
FY2023 $3.3M$4.3M−$1.0M$53.7M 990 PDF
FY2022 $2.9M$4.1M−$1.2M$51.7M 990 PDF
FY2021 $2.2M$3.7M−$1.4M$60.6M 990 PDF
FY2020 Viewing $7.5M$3.4M$4.0M$51.1M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support M · Noncash J · Pay O · Explanations
See the full FY2020 990 (6 parts)
Part I · Summary $7,455,590 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $1,580,249$2,520,420
I-9 Program service revenuePrior year $1,521,598$1,497,917
I-10 Investment incomePrior year $2,127,792$3,206,289
I-11 Other revenuePrior year $174,156$230,964
I-12 Total revenuePrior year $5,403,795$7,455,590
I-13 Grants and similar amounts paidPrior year $1,570,742$1,262,591
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $225,846$183,232
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $1,933,426$1,962,477
I-18 Total expensesPrior year $3,730,014$3,408,300
I-19 Revenue less expensesPrior year $1,673,781$4,047,290
Part VI · Governance 18 of 19 board members independent, 1 to look at
VI-1a Voting members of the governing body19
VI-1b Independent voting members18
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $7,455,590 across 9 lines filed
VIII-1d Related organizations$536,660
VIII-1f All other contributions, gifts and grants$1,983,760
VIII-1g Noncash contributions (included above)$762,053
VIII-1h Total contributions, gifts and grants$2,520,420
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $1,497,917$1,497,917
VIII-3 Investment incomeExcluded from tax $913,650$913,650
VIII-6 Net rental income or lossExcluded from tax $230,964$230,964
VIII-7 Net gain or loss on sales of assetsExcluded from tax $2,292,639$2,292,639
VIII-12 Total revenueRelated to mission $1,497,917 · Unrelated business $0 · Excluded from tax $3,437,253$7,455,590
Part IX · Statement of functional expenses $3,408,300 across 14 lines filed
IX-1 Grants to domestic organizationsPrograms $1,262,591$1,262,591
IX-5 Pay of current officers, directors and key staffManagement $166,805$166,805
IX-10 Payroll taxesManagement $16,427$16,427
IX-11b Legal feesManagement $77,294$77,294
IX-11c Accounting feesManagement $61,500$61,500
IX-11f Investment management feesManagement $85,655$85,655
IX-11g Other fees for servicesManagement $23,997$23,997
IX-13 Office expensesManagement $58$58
IX-16 OccupancyPrograms $251,755 · Management $57,527$309,282
IX-17 TravelManagement $3,161$3,161
IX-19 Conferences, conventions and meetingsManagement $401$401
IX-22 Depreciation, depletion and amortizationPrograms $969,885 · Management $220,158$1,190,043
IX-24 Other expenses (24a–d)Programs $166,835 · Management $40,190$207,025
IX-24e All other expensesManagement $4,061$4,061
IX-25 Total functional expensesPrograms $2,651,066 · Management $757,234 · Fundraising $0$3,408,300
Part X · Balance sheet $66,360,739 assets, 15 lines filed
X-2 Savings and temporary cash investmentsStart of year $4,871,710$1,611,979
X-3 Pledges and grants receivableStart of year $1,221,332$1,995,220
X-4 Accounts receivableStart of year $29,683$84,400
X-10c Land, buildings and equipment, netStart of year $19,513,082$23,128,115
X-11 Publicly traded securitiesStart of year $31,773,923$38,053,037
X-15 Other assetsStart of year $1,444,967$1,487,988
X-16 Total assetsStart of year $58,854,697$66,360,739
X-17 Accounts payable and accrued expensesStart of year $242,378$300,785
X-20 Tax-exempt bond liabilitiesStart of year $5,916,794$5,938,369
X-25 Other liabilitiesStart of year $3,336,246$8,977,039
X-26 Total liabilitiesStart of year $9,495,418$15,216,193
X-27 Net assets without donor restrictionsStart of year $33,093,405$33,015,315
X-28 Net assets with donor restrictionsStart of year $16,265,874$18,129,231
X-32 Total net assets or fund balancesStart of year $49,359,279$51,144,546
X-33 Total liabilities and net assetsStart of year $58,854,697$66,360,739
Part XI · Reconciliation of net assets $51,144,546 net assets at year end
XI-1 Total revenue$7,455,590
XI-2 Total expenses$3,408,300
XI-3 Revenue less expenses$4,047,290
XI-4 Net assets at start of year$49,359,279
XI-5 Net unrealized gains (losses) on investments−$2,262,023
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$51,144,546

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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