2024-05-15T17:23:06+00:00 2023-06-30 440160260 FORVIS LLP 1901 S Meyers Road Suite 500 Oakbrook Terrace IL 601815209 990 2022-07-01 363262491 Safer Corporate Endowment SAFE 3129222200 571 WEST JACKSON BOULEVARD Chicago IL 60661 DIONNE DAY CFO 3129222200 2024-05-15 true DIONNE DAY 999009999 Bernadette D Zita P00089845 6302829500 2024-05-15 2022 2023-04-26 12:10:37Z DIONNE DAY 571 WEST JACKSON BOULEVARD CHICAGO IL 60661 8334784 false X N/A X 1983 IL SUPPORT AND PROVIDE FACILITIES FOR SAFER FOUNDATION. PROVIDE OPPORTUNITIES FOR INDIVIDUALS WITH ARREST AND CONVICTION RECORDS. 5 5 0 5 0 0 0 2161869 1531853 1953581 1145651 585629 21368 0 2698872 4701079 2214463 1888961 0 0 0 0 745157 874222 2959620 2763183 -260748 1937896 14775725 13950211 4998759 2579995 9776966 11370216 PROVIDE BUILDING SPACE AT MARKET RENTAL AND OTHER SUPPORT FOR THE SAFER FOUNDATION IN PROVIDING OPPORTUNITIES FOR INDIVIDUALS WITH ARREST AND CONVICTION RECORDS. false false 2296659 1888961 1445537 TO PROVIDE SUPPORT FOR THE ACTIVITIES OF THE SAFER FOUNDATION, A TAX EXEMPT ORGANIZATION WHICH PROVIDES OPPORTUNITIES TO INDIVIDUALS WITH ARREST AND CONVICTION RECORDS TO BECOME PRODUCTIVE CITIZENS. SUPPORT INCLUDES PROVIDING FACILITIES USED BY SAFER FOUNDATION UNDER RENTAL AGREEMENTS, INVEST IN AND PROVIDE HOUSING UNITS FOR AFFORDABLE HOUSING TO SUPPORT SAFER FOUNDATION'S COMMUNITIES AND CLIENTS, AND GRANTS FOR SAFER PROGRAMS. 344992 0 350965 TO PROVIDE SUPPORT TO THE 4905 S MICHGAN BUILDING. SUPPORT INCLUDES PROVIDING LOW COST/AFFORDABLE HOUSING TO INDIVIDUALS RECENTLY RELEASED FROM PRISON AND THOSE WHO HAVE A CRIMINAL BACKGROUND. SUPPORT INCLUDES PROVIDING FACILITIES TO PROVIDE HOUSING UNITS FOR AFFORDABLE HOUSING TO SUPPORT SAFER FOUNDATION'S COMMUNITIES AND CLIENTS. 121532 0 157079 TO PROVIDE SUPPORT TO THE 8000 S PAXTON BUILDING. SUPPORT INCLUDES PROVIDING LOW COST/ AFFORDABLE HOUSING TO INDIVIDUALS RECENTLY RELEASED FROM PRISON AND THOSE WHO HAVE A CRIMINAL BACKGROUND. SUPPORT INCLUDES PROVIDING FACILITIES TO PROVIDE HOUSING UNITS FOR AFFORDABLE HOUSING TO SUPPORT SAFER FOUNDATION'S COMMUNITIES AND CLIENTS. 2763183 true true false false false false false false true true false false true true false false false false false false false false false false false false true false true false false false false false false false false false false false false true true false false false true 0 0 0 false false false false false false false false false false false false X 5 5 false false false false false false false true true false false true true true true true true false false false IL X DIONNE DAY 3122222000 571 WEST JACKSON BLVD CHICAGO CHICAGO IL 60661 ALLEN KANTER PRESIDENT/TREASURER 5.0 1.0 X X 0 0 0 DON GOENS VICE PRESIDENT 3.0 X X 0 0 0 ETHAN ERENBERG SECRETARY 3.0 1.0 X X 0 0 0 B DIANE WILLIAMS DIRECTOR 1.0 X 0 0 0 JOHN LEVIN DIRECTOR 1.0 X 0 0 0 JOSEPH URBAN CFO-LEFT 10/28/22 3.0 40.0 X 0 211010 44022 MARK YATES INTERIM CFO 3.0 40.0 X 0 204947 45564 VICTOR DICKSON EXECUTIVE DIRECTOR 1.0 40.0 X 0 313574 63567 0 729531 153153 0 false true false 0 1800000 361869 2161869 RENTAL INCOME 900099 1953581 1953581 0 0 0 0 1953581 493366 493366 0 0 3725968 3633705 92263 0 92263 92263 Other Income 0 0 0 0 0 4701079 1953581 0 585629 1888961 1888961 13897 13897 37454 37454 156735 156735 0 0 15466 15466 82985 82985 171583 171583 375420 375420 Repairs & Maintenence 8428 8428 Bank Service Fees 6396 6396 5858 5858 0 0 2763183 2763183 0 0 951885 1239613 405103 440805 0 0 14791214 8789368 5749221 6001846 6080213 4085744 0 0 1589303 2182203 14775725 13950211 47963 12860 361869 198280 0 2420275 2047183 2168652 321672 4998759 2579995 X 9531977 11122749 244989 247467 9776966 11370216 14775725 13950211 1937896 -346262 1616 0 X false false false X X 1 SAFER FOUNDATION 362762168 7 true 0 1888961 1 0 1888961 true false false false false false false false false false false false false false false true true true X true true Schedule A, Part IV, Section D, Line 3 Supp. Org. Have Significant Voice In Investment Policies TWO OF 5 DIRECTORS OF THE ENDOWMENT BOARD SERVE ON THE SAFER FOUNDATION BOARD AND ARE APPOINTED BY THE SAFER FOUNDATION TO SERVE AS DIRECTORS AND OFFICERS OF THE SAFER CORPORATE ENDOWMENT. THE FOUNDATION HAS THE RIGHT TO NOMINATE PERSONS TO ACT AS DIRECTORS OF THE ENDOWMENT PROVIDED THAT THE NOMINATED PERSONS ARE LIMITED TO FORTY PERCENT OF THE NUMBER OF THE BOARD OF DIRECTORS. DUE TO THIS RELATIONSHIP, THE SUPPORTED ORGANIZATION (THE FOUNDATION) HAS A SIGNIFICANT VOICE IN THE SUPPORTING ORGANIZATION'S (THE ENDOWMENT) INVESTMENT POLICIES AND USE OF INCOME OR ASSETS. SAFER FOUNDATION PERIODICALLY MAY NEED ADDTIONAL FUNDS TO COVER OPERATING COST ESPECIALLY PAYROLL. WHEN THIS HAPPENS, SAFER REQUESTS FUNDS FROM THE ORGANIZATION TO HELP COVER THOSE EXPENSES. Schedule A, Part IV, Section E, Line 2a Org. Activities Directly Further The Exempt Purposes THE SAFER CORPORATE ENDOWMENT (THE ENDOWMENT) EXISTS TO SUPPORT THE ACTIVITIES OF THE SAFER FOUNDATION (THE FOUNDATION) AND TO FURTHER THE OBJECTIVES OF THE FOUNDATION IN PROVIDING OPPORTUNITIES FOR PEOPLE WITH CRIMINAL RECORDS TO BECOME PRODUCTIVE CITIZENS. THE ENDOWMENT RAISES MONIES TO PROVIDE A TEMPORARILY RESTRICTED SCHOLARSHIP FUND WHICH WILL BE USED TO PROVIDE EDUCATIONAL FINANCIAL ASSISTANCE TO PEOPLE WITH CRIMINAL RECORDS IN THE SAFER FOUNDATION PROGRAMS. DURING FISCAL 2023 THE ENDOWMENT AWARDED GRANTS TOTALING $1,888,961 TO THE FOUNDATION TO FUND CERTAIN PROGRAMS AND INITIATIVES OF THE FOUNDATION. THE FOUNDATION LEASES FROM THE ENDOWMENT A BUILDING WHICH HOUSES THE FOUNDATION'S ADULT TRANSITION CENTERS, UNDER LONG TERM LEASES. THE ENDOWMENT ALSO INVESTS AND PROVIDES HOUSING UNITS FOR AFFORDABLE HOUSING AS A SUPPORT TO THE SAFER FOUNDATION'S COMMUNITIES AND CLIENTS. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1032540 239367 1271907 955135 77405 1032540 835069 120066 955135 819044 16025 835069 754956 75887 11799 819044 0.7435 0.0 0.2565 false false 615694 615694 13657079 8274114 5382965 50370 47183 3187 468071 468071 0 6001846 INTEREST RECEIVABLE 23261 DUE FROM RELATED PARTIES 2158942 2182203 DUE TO RELATED PARTIES 321672 OTHER LIABILITY 0 321672 Schedule D, Part V, Line 4 Intended uses of endowment funds THE ORGANIZATION'S ENDOWMENT FUNDS ARE INTENDED TO SUPPORT THE ACTIVITIES OF THE SAFER FOUNDATION AND TO FURTHER THE OBJECTIVES OF THE FOUNDATION IN PROVIDING OPPORTUNITIES FOR PEOPLE WITH CRIMINAL RECORDS TO BECOME PRODUCTIVE CITIZENS. THE FUNDS ARE ALSO USED TO HELP SUPPORT OUR CLIENTS BY PROVIDING AFFORDABLE HOUSING TO THOSE WITH CRIMINAL RECORDS. true SAFER FOUNDATION 571 W JACKSON BLVD CHICAGO IL 60661 362762168 501(c)(3) 1888961 PROGRAM SUPPORT 1 0 Schedule I, Part I, Line 2 Procedures for monitoring use of grant funds. THE ENDOWMENT MAINTAINS RECORDS TO SUBSTANTIATE AMOUNTS, ELIGIBILITY, AND SELECTION CRITERIA USED FOR GRANTS. GRANTS ARE ONLY PAID TO A SUPPORTED ORGANIZATION WHERE A CLOSE WORKING RELATIONSHIP EXISTS. true true false false false false false true VICTOR DICKSON EXECUTIVE DIRECTOR 0 213574 0 100000 0 0 0 31252 0 32315 0 377141 0 0 JOSEPH URBAN CFO-LEFT 10/28/22 0 211010 0 0 0 0 0 15401 0 28621 0 255032 0 0 MARK YATES INTERIM CFO 0 204947 0 0 0 0 0 18445 0 27119 0 250511 0 0 Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation THE EXECUTIVE COMMITTEE OF THE BOARD of SAFER FOUNDATION DETERMINES THE ANNUAL BONUS FOR THE PRESIDENT/CEO. ALL OTHER BONUSES ARE BASED ON ANNUAL PERFORMANCE EVALUATIONS AND THE COMPENSATION PLAN IS APPROVED IN THE ANNUAL FISCAL BUDGET. Schedule J, Part I, Line 4a Severance or change-of-control payment Joseph Urban left 10/28/2022 and received a severance of $21,904. Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan SAFER ADOPTED A NONQUALIFIED DEFINED CONTRIBUTION DEFERRED COMPENSATION PLAN FOR HIGHLY COMPENSATED EMPLOYEES. THIS PLAN PROVIDES BENEFITS FOR THOSE EMPLOYEES PRECLUDED FROM RECEIVING FULL BENEFITS IN THE PLAN DESCRIBED ABOVE. EMPLOYEES MAY MAKE TAX-DEFERRED CONTRIBUTIONS IN EXCESS OF QUALIFIED RETIREMENT PLAN LIMITS. THE FOUNDATION CONTRIBUTES 3% TO 6% OF COMPENSATION FOR ELIGIBLE EMPLOYEES, BASED UPON THE EMPLOYEE'S CONTRIBUTION. SAFER CONTRIBUTED TO THE FOLLOWING EMPLOYEES: $18,569 FOR VICTOR DICKSON, $10,945 FOR JOSEPH URBAN, AND $12,296 FOR MARK YATES. Schedule J, Part I, Line 7 Non-fixed payments THE EXECUTIVE COMMITTEE OF THE BOARD DETERMINES THE ANNUAL BONUS FOR THE PRESIDENT/CEO. ALL OTHER BONUSES ARE BASED ON ANNUAL PERFORMANCE EVALUATIONS AND THE COMPENSATION PLAN IS APPROVED IN THE ANNUAL FISCAL BUDGET. Form 990, Part VI, Line 11b Review of form 990 by governing body PRIOR TO FILING, THE FINAL COPY OF FORM 990 WAS PROVIDED AND APPROVED BY BOARD WHILE MANAGEMENT PERFORMED AN INFORMAL REVIEW. Form 990, Part VI, Line 12c Conflict of interest policy A CONFLICT OF INTEREST POLICY APPLIES TO ALL BOARD MEMBERS AS PART OF THE CODE OF ETHICS AND BUSINESS CONDUCT. THIS IS FURNISHED TO NEW MEMBERS AND ANNUALLY TO EXISTING BOARD MEMBERS. Form 990, Part VI, Line 19 Required documents available to the public AVAILABLE UPON REQUEST. 4905 S MICHIGAN AVE LLC 571 W JACKSON BLVD CHICAGO IL 60661 873789656 RENTAL IL 202331 1640947 SCE 8000-8010 S PAXTON LLC 571 WEST JACKSON BLVD CHICAGO IL 60661 362311144 RENTAL IL 553638 2232360 SCE SAFER FOUNDATION 571 W JACKSON BLVD CHICAGO IL 60661 362762168 WORKFORCE DEVelopment IL 501(c)(3) 7 NA false false false false true true false false false false true false false false false true false false false false