2023-11-13T12:11:37-05:00 2022-12-31 872828429 KAIZEN CPAS ADVISORS 1555 MAIN ST ANTIOCH IL 600021933 990 2022-01-01 813131165 HEAR SCHOLARSHIP FOUNDATION INC HEAR 8478349124 PO BOX 260 GLENVIEW IL 600250260 MICHAEL SPANIAK SECRETARY/TREASURER 8478349124 2023-11-13 true MICHAEL SPANIAK XXX-XX-XXXX false ROBERT BLOCK P00110188 8473956000 2023-11-13 2022 2023-04-26 12:10:37Z MICHAEL SPANIAK 2218 CRABTREE LANE NORTHBROOK IL 60062 1320993 false X HTTPS://WWW.HEARFOUNDATION.ORG X 2017 IL HEAR PROVIDES FINANCIAL ASSITANCE AND A COLLEGE SUCCESS PROGRAM TO LOW- INCOME CHICAGOLAND. 13 13 0 0 291833 888190 0 80643 94034 83229 0 455705 982224 460092 489080 0 0 2354 2177 89568 139035 227284 601481 718541 -145776 263683 1416807 1730397 7050 31015 1409757 1699382 X HEAR PROVIDES FINANCIAL ASSISTANCE AND A COLLEGE SUCCESS PROGRAM TO LOW- INCOME CHICAGOLAND HIGH SCHOOL SENIORS WHO DEMONSTRATE ACADEMIC EXCELLENCE, COMMITMENT TO COMMUNITY, AND PERSONAL INTEGRITY IN THEIR PURSUIT OF A COLLEGE EDUCATION. false false 569142 489080 888190 HEAR PROVIDES FINANCIAL ASSISTANCE AND A COLLEGE SUCCESS PROGRAM TO LOW- INCOME CHICAGOLAND HIGH SCHOOL SENIORS WHO DEMONSTRATE ACADEMIC EXCELLENCE, COMMITMENT TO COMMUNITY , AND PERSONAL INTEGRITY IN THEIR PURSUIT OF A COLLEGE EDUCATION. HEAR PROVIDES FINANCIAL ASSISTANCE AND A COLLEGE SUCCESS PROGRAM TO LOW- INCOME CHICAGOLAND HIGH SCHOOL SENIORS WHO DEMONSTRATE ACADEMIC EXCELLENCE, COMMITMENT TO COMMUNITY , AND PERSONAL INTEGRITY IN THEIR PURSUIT OF A COLLEGE EDUCATION. 569142 true true false false false false false false false false false true false false false true true false false false false false false false false false false false true false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false X 13 13 true false false false false false false true true false false true true true true false false false false false IL X VERA POLLINA 8478349124 PO BOX 260 GLENVIEW IL 600250260 X GREG CADICHON BOARD MEMBER 1.00 X 0 0 0 TERESA DEVEREUX BOARD MEMBER 1.00 X 0 0 0 CHRIS EIGEL PAST PRESIDE 1.00 X 0 0 0 KAROLINE EIGEL BOARD MEMBER 1.00 X 0 0 0 STEVE HALL BOARD MEMBER 1.00 X 0 0 0 MARY KATE HATFIELD SCHOLARSHIP 1.00 X X 0 0 0 JOE LAMBERTI PRESIDENT 1.00 X X 0 0 0 RULA MARZIANI BOARD MEMBER 1.00 X 0 0 0 GEORGE SILCA BOARD MEMBER 1.00 X 0 0 0 MICHAEL SPANIAK SECRETARY/TR 1.00 X X 0 0 0 RANA STRELLIS BOARD MEMBER 1.00 X 0 0 0 JAMES WEISS BOARD MEMBER 1.00 X 0 0 0 JIM ZIEMBA BOARD MEMBER 1.00 X 0 0 0 false false false 888190 888190 18725 18725 414078 338769 75309 75309 75309 982224 75309 18725 489080 489080 95052 64526 30526 2365 2365 2177 2177 35564 15536 20028 87391 87391 5484 5484 333 333 1095 1095 718541 569142 59831 89568 295758 540766 131937 1121049 1049363 8331 1416807 1730397 7050 31015 7050 31015 X 1409757 1699382 1409757 1699382 1416807 1730397 263683 70490 -44548 X false true X true false X 286932 290652 327815 291833 888190 2085422 286932 290652 327815 291833 888190 2085422 2085422 286932 290652 327815 291833 888190 2085422 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED INVESTMENT IN MARKETABLE SECURITIES 1049363 F 1049363 X 982224 982224 982224 718541 718541 718541 SCHEDULE D, PAGE 3, PART X THE ACCOUNTING STANDARD FASB ASC 740 , INCOME TAXES, ON ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES ADDRESSES THE DETERMINATION OF WHETHER TAX BENEFITS CLAIMED OR EXPECTED TO BE CLAIMED ON A TAX RETURN SHOULD BE RECORDED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING THE FOUNDATION'S TAX RETURNS TO DETERMINE WHETHER THE TAX POSITIONS ARE "MORE LIKELY THAN NOT" OF BEING SUSTAINED WHEN CHALLENGED OR WHEN EXAMINED BY THE APPLICABLE TAX AUTHORITY. THE MEASUREMENT OF UNRECOGNIZED TAX BENEFITS AS WELL AS UNRECORDED TAX LIABILITY IS ADJUSTED WHEN NEW INFORMATION IS AVAILABLE, OR WHEN AN EVENT OCCURS THAT REQUIRES A CHANGE. FOR THE FISCAL YEAR ENDED DECEMBER 31, 2022, THE FOUNDATION HAS DETERMINED THAT THERE WERE NO MATERIAL UNCERTAIN TAX POSITIONS. true SCHOLARSHIP GRANTS 19 489080 SCHEDULE I, PAGE 4, PART IV PART I, LINE 2 AS REFLECTED ON SCHEDULE H OF THE ORGANIZATION'S FILED FORM 1023 FORM 990 - ORGANIZATION'S MISSION HEAR PROVIDES FINANCIAL ASSISTANCE AND A COLLEGE SUCCESS PROGRAM TO LOW- INCOME CHICAGOLAND HIGH SCHOOL SENIORS WHO DEMONSTRATE ACADEMIC EXCELLENCE, COMMITMENT TO COMMUNITY, AND PERSONAL INTEGRITY IN THEIR PURSUIT OF A COLLEGE EDUCATION. FORM 990 IN 2022 HEAR SCHOLARSHIP FOUNDATION, INC.,CHANGED ITS METHOD OF ACCOUNTING FROM THE CASH TO THE ACCRUAL BASIS. THIS CHANGE ENHANCES THE FINANCIAL REPORTING ACCURACY, ALIGNS WITH GENERALLY ACCEPTED ACCOUNTING PRINCIPLES (GAAP), AND PROVIDES A MORE COMPREHENSIVE VIEW OF FINANCIAL ACTIVITIES. FORM 990, PAGE 2, PART III, LINE 4D HEAR PROVIDES FINANCIAL ASSISTANCE AND A COLLEGE SUCCESS PROGRAM TO LOW- INCOME CHICAGOLAND HIGH SCHOOL SENIORS WHO DEMONSTRATE ACADEMIC EXCELLENCE, COMMITMENT TO COMMUNITY , AND PERSONAL INTEGRITY IN THEIR PURSUIT OF A COLLEGE EDUCATION. FORM 990, PAGE 6, PART VI, LINE 2 CHRIS EIGEL KAROLINE EIGEL DIRECTOR DIRECTOR FATHER IN LAW/ DAUGHTER IN LAW FORM 990, PAGE 6, PART VI, LINE 11B FORM 990 WAS PROVIDED TO THE ORGANIZATION'S GOVERNING BODY AT A REGULAR BOARD OF DIRECTORS MEETING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION REGULARLY AND CONSISTENTLY MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY THROUGH REGULAR MEETINGS OF THE BOARD OF DIRECTORS. FORM 990, PAGE 6, PART VI, LINE 19 AVAILABLE UPON REQUEST.