2023-09-25T09:31:33-05:00 2022-12-31 363168081 SIKICH LLP 3051 HOLLIS DRIVE 3RD FLOOR SPRINGFIELD IL 62704 990 2022-01-01 260138534 ILLINOIS SO FOUNDATION ILLI 3098882551 605 E WILLOW STREET NORMAL IL 61761 STEPHEN BERGMAN CHAIR 3098882551 2023-09-18 1 STEPHEN BERGMAN 999009999 0 BRIDGETTE MUGGE P00671418 2177933363 2023-09-18 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z STEPHEN BERGMAN 605 E WILLOW STREET NORMAL IL 61761 1258340 0 X HTTPS://WWW.SOILL.ORG/ILSO-FOUNDATION X 2008 IL THE FOUNDATION WAS SET UP TO HELP SUPPORT SPECIAL OLYMPICS OF ILLINOIS. 21 21 0 21 0 0 1157743 1090062 0 0 72813 88417 -8139 31677 1222417 1210156 11310 19980 0 0 0 0 0 0 10498 15172 25493 26482 45473 1195935 1164683 3318070 3902151 27912 1668 3290158 3900483 ILLINOIS S.O. FOUNDATION IS AN ILLINOIS NONPROFIT CORPORATION THAT WAS FORMED BY SPECIAL OLYMPICS ILLINOIS, INC. TO SUPPORT THEIR MISSION OF PROVIDING A VARIETY OF OLYMPIC-TYPE SPORTS FOR PEOLE WITH INTELLECTUAL DISABILITIES. 0 0 20040 19980 GRANTS IN 2022 WERE USED TO SUPPORT ATHLETE FAMILIES ATTENDING THE 2022 SPECIAL OIYMPICS USA GAMES IN ORLANDO, FLORIDA IN JUNE 2022. THIS GRANT MONEY WAS ALLOCATED FROM A RESTRICTED FUND AT THE DIRECTION OF THE FUND ACCOUNT OWNER. 20040 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 21 21 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 0 0 0 IL X CINDY VILLAFUERTE 3098882551 605 E WILLOW STREET NORMAL IL 61761 X STEPHEN BERGMAN CHAIR 0.50 X X 0 0 0 DAVID SHANE VICE CHAIR 0.50 X X 0 0 0 BRIAN SCHELL TREASURER 0.50 X X 0 0 0 ED RAFFERTY SECRETARY 0.50 X X 0 0 0 DON GEREAU IMMEDIATE PAST CHAIR 0.50 X 0 0 0 CHARLES SCHMADEKE BOARD MEMBER 0.50 X 0 0 0 BRIAN CARLSON BOARD MEMBER 0.50 X 0 0 0 BROOK KLAWITTER BOARD MEMBER 0.50 X 0 0 0 CHRISTINE DUFFY BOARD MEMBER 0.50 X 0 0 0 DAN LANGE BOARD MEMBER 0.50 X 0 0 0 HUB ARKUSH BOARD MEMBER 0.50 X 0 0 0 JEFF MCCLUSKY BOARD MEMBER 0.50 X 0 0 0 JULIE GUSTAFSON BOARD MEMBER 0.50 X 0 0 0 MARY ANNE EHLERT BOARD MEMBER 0.50 X 0 0 0 SUE FLOTT BOARD MEMBER 0.50 X 0 0 0 TOM THOMPSON BOARD MEMBER 0.50 X 0 0 0 JAMIE PARISI BOARD MEMBER 0.50 X 0 0 0 MENJINDER BHAMBRA BOARD MEMBER 0.50 X 0 0 0 BOB DIMEO BOARD MEMBER 0.50 X 0 0 0 DAVE BREEN PRESIDENT & CEO, SOILL 0.50 X X 0 0 0 KAYLEE MCLAUGHLIN BOARD MEMBER 0.50 X 0 0 0 0 0 0 0 0 0 0 0 38906 1051156 10189 1090062 88417 88417 79861 38906 48184 31677 31677 1210156 0 0 120094 X 19980 19980 8415 8415 6500 6500 AWARDS AND RECOGNITION 9458 9458 PRINTING AND PUBLICATIO 920 920 HOSPITALITY 200 60 20 120 45473 20040 14935 10498 114552 149395 528825 1000000 2674693 2752756 3318070 3902151 27912 1668 27912 1668 X 2304906 2480968 985252 1419515 3290158 3900483 3318070 3902151 1164683 -554358 0 X 0 1 X 1 0 X 109256 1176470 99130 1157743 1090062 3632661 109256 1176470 99130 1157743 1090062 3632661 3632661 32343 28957 36928 72813 88417 259458 31677 31677 44301 40317 26260 110878 4034674 0.90040 0.88540 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME - 2018 AMOUNT: $ 44,301. 2019 AMOUNT: $ 40,317. 2020 AMOUNT: $ 26,260. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 471427 40156 -72088 19980 419515 370808 35000 65619 471427 307549 25000 38259 370808 230995 35000 45354 3800 307549 243196 -9601 2600 230995 0.19400 0.44180 0.36420 0 0 0 X 692279 -554358 38906 5990 -509462 1201741 8415 8415 1210156 81954 38906 5990 44896 37058 8415 8415 45473 PART X, LINE 2: SPECIAL OLYMPICS ILLINOIS, AS A CHARITABLE FOUNDATION, IS EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND SIMILAR PROVISIONS OF STATE TAX LAWS. THE FOUNDATION WAS CLASSIFIED AS A 509(A)(3) EXEMPT PRIVATE FOUNDATION. THE FOUNDATION WAS SUBJECT TO AN EXCISE TAX ON NET INVESTMENT INCOME IN ACCORDANCE WITH THE TAX REFORM ACT OF 1969 (THE ACT). THE ACT ALSO REQUIRED THAT CERTAIN MINIMUM DISTRIBUTIONS, INCLUDING QUALIFIED SET-ASIDES, BE MADE EACH YEAR BASED ON THE LEVEL OF ASSETS DURING THE PRECEDING YEAR. THE AMOUNT OF THESE QUALIFIED DISTRIBUTIONS IS DETERMINED IN ACCORDANCE WITH A SPECIFIED FORMULA. IF THE REQUIRED LEVEL OF QUALIFIED DISTRIBUTIONS IS NOT MADE WITHIN A YEAR, AN ADDITIONAL EXCISE TAX IS IMPOSED ON THE FOUNDATION. THE FOUNDATION MADE PROPER QUALIFIED DISTRIBUTIONS FOR THE YEARS ENDED DECEMBER 31, 2020 AND SATISFIED THE REQUIRED DISTRIBUTIONS AS COMPUTED. DURING 2021 THE FOUNDATION APPLIED FOR PUBLIC CHARITY TAX EXEMPT STATUS AND WAS AWARDED THIS STATUS EFFECTIVE FOR THE YEAR ENDED DECEMBER 31, 2021. THE FOUNDATION IS NOW CLASSIFIED AS AN ORGANIZATION THAT IS NOT A PRIVATE FOUNDATION. PART XI, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES LISTED ON SOA 5,990. PART XII, LINE 2D - OTHER ADJUSTMENTS: SPECIAL EVENT EXPENSES LISTED ON SOA 5,990. GOLF EVENT 118767 38906 79861 3092 42194 200 2698 118767 38906 79861 3092 42194 200 2698 48184 31677 1 SPECIAL OLYMPICS OF ILLINOIS 605 EAST WILLOW STREET NORMAL IL 61761 362922811 501(C)(3) 19980 0 PROVIDE ASSISTANCE TO THE ORGANIZATION 1 PART I, LINE 2: THE ORGANIZATION PROVIDED AMOUNTS TO AN AFFILIATED ORGANIZATION. THE USE OF THE FUNDS IS CLOSELY MONITORED. FORM 990, PART VI, SECTION B, LINE 11B THE BOARD OF DIRECTORS WILL REVIEW THE 990 BEFORE FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS WILL DISCLOSE TO THE BOARD OF DIRECTORS ANY POSSIBLE CONFLICT OF INTEREST AT THE EARLIEST PRACTICABLE TIME. NO DIRECTOR WILL VOTE ON ANY MATTER UNDER CONSIDERATION AT A BOARD OR COMMITTEE MEETING IN WHICH SUCH DIRECTOR HAS A CONFLICT OF INTEREST. THE MINUTES OF SUCH A MEETING WILL REFLECT THAT DISCLOSURE WAS MADE AND THAT THE DIRECTOR HAVING THE CONFLICT OF INTEREST ABSTAINED FROM VOTING. ANY DIRECTOR WHO IS UNCERTAIN WHETHER A CONFLICT OF INTEREST MAY EXIST IN ANY MATTER MAY REQUEST THE BOARD OF DIRECTORS OR COMMITTEE TO RESOLVE THE QUESTION BY MAJORITY VOTE. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS AND POLICIES ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G OTHER PROFESSIONAL FEES: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 6,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 6,500.