2024-09-26T09:50:37-05:00 2023-12-31 362996439 WSDD CPAS LTD 303 W MADISON ST SUITE 2075 CHICAGO IL 606063395 990 2023-01-01 362182047 BRIGHT PROMISES FOUNDATION BRIG 3127048260 200 W MADISON ST 300 CHICAGO IL 60606 NANCY SNYDER PRESIDENT 3127048260 2024-09-23 1 1 WILLIAM J O'HARA P01041882 3123326622 2024-09-23 2023 2024-08-08 14:25:15Z NANCY SNYDER 200 W MADISON ST 300 CHICAGO IL 60606 1785074 0 X BRIGHTPROMISES.ORG X 1877 IL TO IDENTIFY, FUND, AND SHARE SOLUTIONS TO UNDERRECOGNIZED NEEDS OF CHILDREN AND YOUTH MOST ADVERSELY IMPACTED BY INEQUITY. WE MONITOR THE PROGRAMS WE FUND AND SHARE THE KNOWLEDGE WE GAIN WITH OTHERS. 17 17 2 45 0 0 1052238 1250940 0 0 118917 252600 -34079 -37662 1137076 1465878 392475 534416 0 0 168494 260306 0 0 57789 207050 185779 768019 980501 369057 485377 4785425 6252199 135880 186690 4649545 6065509 TO IDENTIFY, FUND, AND SHARE SOLUTIONS TO UNDERRECOGNIZED NEEDS OF CHILDREN AND YOUTH MOST ADVERSELY IMPACTED BY INEQUITY. 0 0 693637 534416 REVIEWED PROPOSALS AND AWARDED GRANTS TO ORGANIZATIONS TO IMPROVE EARLY CHILDHOOD CENTERS, BUILD PARENT/CAREGIVER CAPACITY TO SUPPORT CHILDREN'S SOCIAL/EMOTIONAL LEARNING, AND RESPOND TO CHILDHOOD TRAUMA.MONITORED IMPLEMENTATION OF GRANTEES AND GATHERED KNOWLEDGE TO SHARE WITH OTHERS.ENCOURAGED YOUNG PEOPLE TO WORK IN THE NON-PROFIT ARENA FOR CHILDREN BY OFFERING THREE AWARDS, ONE TO A YOUNG PERSON IN THE FIELD, ONE TO AN ACCOMPLISHED LEADER AND ONE TO A CIVIC LEADER. 693637 1 1 0 0 0 0 0 0 0 0 1 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 5 0 1 2 1 0 0 0 0 0 1 1 0 0 0 0 X 17 17 0 1 0 0 0 0 0 1 1 0 0 1 1 1 1 1 0 0 0 0 IL X JAMES HIRSCH 3127048260 200 W MADISON ST SUITE 300 CHICAGO IL 60606 NANCY SNYDER PRESIDENT 1.50 X X 0 0 0 ANDREASON BROWN VICE PRESIDENT 1.00 X X 0 0 0 SCOTT BISHOP TREASURER 1.00 X X 0 0 0 NANNETTE ZANDER SECRETARY 1.00 X X 0 0 0 DEAN BENSON DIRECTOR 0.50 X 0 0 0 RYAN BILLER DIRECTOR 0.50 X 0 0 0 NICK BRUCE DIRECTOR 0.50 X 0 0 0 NEELAMJIT DHALIWAL DIRECTOR 0.50 X 0 0 0 MARICELA GARCIA DIRECTOR 0.50 X 0 0 0 DEEPAK GUAR DIRECTOR 0.50 X 0 0 0 RANDALL HARDY DIRECTOR 0.50 X 0 0 0 KENNETH JENNINGS DIRECTOR 0.50 X 0 0 0 JASON NIERMAN DIRECTOR 0.50 X 0 0 0 SENDHIL REVULURI DIRECTOR 0.50 X 0 0 0 BARONICA ROBERSON DIRECTOR 0.50 X 0 0 0 JAY ROSENBLOOM DIRECTOR 0.50 X 0 0 0 AMANDA VALLEJO DIRECTOR 0.50 X 0 0 0 JAMES HIRSCH EXECUTIVE DIRECTOR 40.00 X 84125 0 3165 84125 0 3165 0 0 0 0 0 107926 1143014 1250940 96356 96356 431753 275509 156244 156244 156244 4525 107926 43687 -39162 -39162 OTHER 900099 1500 1500 1500 1465878 157744 0 57194 534416 534416 93726 23932 45863 23931 155760 69075 62750 23935 3649 932 1785 932 7171 1832 3508 1831 6023 6023 30426 491 29935 37150 37150 68976 56047 12929 3433 3433 10368 201 8573 1594 16888 6250 8688 1950 2362 2362 OTHER 7516 461 3439 3616 DUES AND SUBSCRIPTIONS 2637 2637 980501 693637 229075 57789 148492 131807 538029 156403 80125 3192 1855 3202 3202 0 0 4018779 5958942 4785425 6252199 23680 10690 112200 176000 135880 186690 X 3213693 4515167 1435852 1550342 4649545 6065509 4785425 6252199 485377 930587 0 X 0 1 X 1 0 X 313078 263668 316901 1052238 1250940 3196825 313078 263668 316901 1052238 1250940 3196825 758473 2438352 70374 61806 71726 82019 96356 382281 410 93 1652 1500 3655 3582761 0.68060 0.53520 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3202 3202 0 0 X 2359315 930587 -37150 893437 1465878 0 1465878 943351 0 943351 37150 37150 980501 PART X, LINE 2: THE FOUNDATION ADDRESSES UNCERTAIN TAX POSITIONS IN ACCORDANCE WITH ASC TOPIC 740, INCOME TAXES, WHICH PROVIDES GUIDANCE FOR HOW CERTAIN TAX POSITIONS SHOULD BE RECOGNIZED, MEASURED, DISCLOSED AND PRESENTED IN THE FINANCIAL STATEMENTS. THIS REQUIRES THE EVALUATION OF TAX POSITIONS TAKEN OR EXPECTED TO BE TAKEN IN THE COURSE OF PREPARING BRIGHT PROMISES INFORMATION 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. TAX POSITIONS NOT DEEMED TO MEET THE MORE-LIKELY-THAN-NOT THRESHOLD WOULD BE RECORDED AS A TAX BENEFIT AND ASSET OR EXPENSE AND LIABILITY IN THE CURRENT YEAR. BRIGHT PROMISES FILES INFORMATION RETURNS IN THE U.S. FEDERAL AND ILLINOIS STATE JURISDICTIONS. DURING THE YEARS FROM 2020 TO 2023, WHICH REPRESENT THE YEARS MANAGEMENT CONSIDERS TO BE OPEN FOR EXAMINATION BY TAXING AUTHORITIES, MANAGEMENT DID NOT IDENTIFY THE EXISTENCE OF ANY UNCERTAIN TAX POSITION. PART XI, LINE 2D - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED ON AUDITED FINANCIAL STATEMENTS PART XII, LINE 4B - OTHER ADJUSTMENTS: INVESTMENT EXPENSES NETTED ON AUDITED FINANCIAL STATEMENTS 2023 AWARDS 112451 107926 4525 43687 112451 107926 4525 43687 43687 -39162 1 CHICAGO FREEDOM SCHOOL 719 S STATE ST 4TH FL CHICAGO IL 60605 204735643 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA GIRLS INC OF CHICAGO 2212 S MICHIGAN AVE SUITE 210 CHICAGO IL 60616 814491475 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA ARAB AMERICAN ACTION NETWORK 3148 W 63RD ST 2ND FL CHICAGO IL 60629 364034958 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA NORTHWEST SIDE HOUSING CENTER 5233 W DIVERSEY AVE CHICAGO IL 60639 201413891 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA ALTERNATIVES INC 4730 N SHERIDAN RD CHICAGO IL 60640 362720602 501(C)(3) 22000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA ILLINOIS COLLABORATION ON YOUTH 333 S WABASH SUITE 2750 CHICAGO IL 60604 362751382 501(C)(3) 7000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA BUILD INC 5100 W HARRISON CHICAGO IL 60644 237022085 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA PROJECT VISION INC 236 W 22ND PL UNIT 1 CHICAGO IL 60616 200293881 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA A LONG WALK HOME 1658 N MILWAUKEE AVE CHICAGO IL 60647 300053613 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA GADS HILL CENTER 1919 W CULLERTON ST CHICAGO IL 60608 362167082 501(C)(3) 44000 0 HEALING, LEADING, CHANGING - SUPPORTING YOUTH TO ADDRESS TRAUMA CHRISTOPHER HOUSE 1611 W DIVISION SUITE 207 CHICAGO IL 60622 237316001 501(C)(3) 8000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM TRINITY UCC CHILD CARE CENTERS 532 W 95TH ST CHICAGO IL 60628 364358680 501(C)(3) 8000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM CONCORDIA PLACE 3300 N WHIPPLE CHICAGO IL 60618 320033719 501(C)(3) 8000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM A HOUSE IN AUSTIN NFP 533 N PINE CHICAGO IL 60644 812684726 501(C)(3) 15000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM CHICAGO COMMONS 515 E 50TH ST SUITE 200 CHICAGO IL 60615 362169136 501(C)(3) 15000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM CHILDREN'S PLACE ASSOCIATION 700 N SACRAMENTO BLVD SUITE 300 CHICAGO IL 60612 363641017 501(C)(3) 15000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM ONWARD NEIGHBORHOOD HOUSE 5413 W DIVERSEY AVE CHICAGO IL 60639 362167822 501(C)(3) 15000 0 EARLY CHILDHOOD EDUCATION QUALITY IMPROVEMENT PROGRAM STORYCATCHERS THEATER 544 W OAK ST SUITE 1005 CHICAGO IL 60610 363298168 501(C)(3) 20000 0 FAIRNESS, ACCESS, INCLUSION, AND RESILIENCY INITIATIVE EQUIP FOR EQUALITY 20 N MICHIGAN AVE SUITE 300 CHICAGO IL 60602 363361312 501(C)(3) 20000 0 FAIRNESS, ACCESS, INCLUSION, AND RESILIENCY INITIATIVE VOCEL 5317 W CHICAGO AVE CHICAGO IL 60651 462159711 501(C)(3) 6500 0 SOCIAL EMOTIONAL LEARNING AT HOME CARE PROGRAM CHANGING CHILDREN'S WORLDS FOUNDATION 411 STEVENS ST GENEVA IL 60134 454135014 501(C)(3) 6500 0 SOCIAL EMOTIONAL LEARNING AT HOME CARE PROGRAM ENLACE 2756 S HARDING AVE CHICAGO IL 60623 363727669 501(C)(3) 6500 0 SOCIAL EMOTIONAL LEARNING AT HOME CARE PROGRAM ILLINOIS AFTERSCHOOL NETWORK 2201 TORONTO RD SUITE 219 SPRINGFIELD IL 62712 371327319 501(C)(3) 6500 0 SOCIAL EMOTIONAL LEARNING AT HOME CARE PROGRAM PART I, LINE 2: EACH RECIPIENT SIGNS A GRANT AGREEMENT, WHICH INDICATES THE GRANT AMOUNT AND GUIDELINES AS TO HOW THE GRANT SHOULD BE SPENT. IN ADDITION, GRANT REPORTING IS REQUIRED FROM RECIPIENT ORGANIZATIONS AS WELL AS PERIODIC MEETINGS AND ON-SITE VISITS TO RECIPIENT ORGANIZATIONS. SCHEDULE I, PART II - GRANTS AND OTHER ASSISTANCE TO DOMESTIC ORGANIZATIONS DURING THE YEAR ENDED DECEMBER 31, 2023, GRANTS AWARDED TO DOMESTIC ORGANIZATIONS THAT WERE INDIVIUDALLY $5,000 OR LESS TOTALED $3,416. X 0 0 0 0 0 0 0 0 0 FORM 990, PART VI, SECTION A, LINE 3 BRIGHT PROMISES FOUNDATION HAS CONTRACTED WITH A MANAGEMENT COMPANY TO HANDLE ALL DAY TO DAY ADMINISTRATIVE AND ACCOUNTING FUNCTIONS OF THE ORGANIZATION UNDER THE GUIDANCE AND APPROVAL OF THE BOARD OF DIRECTORS. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETED FORM 990, IN DRAFT FORM, WAS SUBMITTED TO THE BOARD OF DIRECTORS FOR REVIEW AND COMMENT PRIOR TO COMPLETION. THE EXECUTIVE DIRECTOR REVIEWED THIS DRAFT WITH THE PRESIDENT AND THE TREASURER, EXPLAINING KEY PROVISIONS, RESPONDING TO QUESTIONS AND MAKING CHANGES AS APPROPRIATE. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST POLICY FOR BRIGHT PROMISES FOUNDATION COVERS MEMBERS OF THE BOARD OF DIRECTORS, STAFF AND OFFICERS OF THE ORGANIZATION. ACTUAL CONFLICTS, IF ANY, ARE REQUIRED TO BE DISCLOSED TO THE BOARD AND ARE REVIEWED AT THE BOARD LEVEL. FORM 990, PART VI, SECTION C, LINE 18 FORMS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART VI, SECTION C, LINE 19 BRIGHT PROMISES FOUNDATION MAKES THEIR GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST.