2026-05-06T10:11:14-05:00 2025-06-30 420714325 RSM US LLP 30 South Wacker Dr Suite 3300 Chicago IL 606063392 990 2024-07-01 363157624 City Colleges of Chicago Foundation CITY 3125532821 180 North Wabash Street 200 Chicago IL 60601 Maribel Rodriguez Treasurer 3125532564 2026-04-27 1 1 Ariel Garcia P02244437 3126343400 2026-04-27 2024 2025-03-06 01:10:19Z Veronica Herrero 180 North Wabash Street 200 Chicago IL 60601 8549785 0 X foundation.ccc.edu X 1971 IL To provide grants for scholarships. 11 9 0 0 0 0 4314215 4758464 0 0 660815 2533309 0 -114410 4975030 7177363 4503703 8019233 0 0 0 0 0 0 6047 348189 242343 4851892 8261576 123138 -1084213 29015943 27244631 3981361 3592104 25034582 23652527 Fueled by the generosity of Chicago's philanthropic community, the City Colleges of Chicago Foundation raises charitable contributions to support community colleges students from all backgrounds in reaching their academic and career goals. 0 0 8115843 8019233 0 The Foundation is organized and shall be operated exclusively for educational purposes to assist in developing and augmenting the resources and carrying out the educational functions of the City Colleges of Chicago, established and operated by the Board of Trustees of Community College District No. 508, Cook County, State of Illinois, to the end there may be provided in the college's community broader educational opportunities for and service to the student and alumni of the college and the citizens of this state and nation. The Foundation provides scholarships and skilled upgrades to 1,287 students. 8115843 1 1 0 0 0 0 0 0 0 1 0 0 0 0 1 1 1 1 0 0 0 0 0 1 1 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 X 11 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IL X X Maribel Rodriguez 3125532821 180 North Wabash Street 200 Chicago IL 60601 Juan Salgado General Director 1.00 39.00 X 0 288080 89178 Veronica Herrero President 5.00 35.00 X X 0 214998 37178 Gary L Rozier Chair 1.00 0.00 X X 0 0 0 Nicole Johnson-Scales Vice Chair 1.00 0.00 X X 0 0 0 Monica Bibbs Secretary 1.00 0.00 X X 0 0 0 Melissa Flores General Director 1.00 0.00 X 0 0 0 Jonathan Glover General Director 1.00 0.00 X 0 0 0 Darlene Hightower General Director 1.00 0.00 X 0 0 0 Norma Manjarrez General Director 1.00 0.00 X 0 0 0 Darrell A Williams General Director 1.00 0.00 X 0 0 0 Dr Quinton Williams General Director 1.00 0.00 X 0 0 0 Maribel Rodriguez Treasurer 5.00 35.00 X 0 198585 14190 Marcus Hardaway Executive Director 40.00 0.00 X 0 105962 13599 0 807625 154145 0 0 1 0 0 93706 4664758 4758464 578149 578149 3209812 1254652 1955160 1955160 1955160 3360 93706 117770 -114410 -114410 7177363 0 0 2418899 6061648 6061648 1957585 1957585 67637 67637 128 13 115 101 101 6411 500 5911 1677 1677 4862 4862 94576 32321 62255 3750 3750 2879 2879 Telephone poles (for ut 27344 27344 Catering 20863 20579 148 136 Bank & Credit Card Fees 9531 9531 Miscellaneous 2584 2584 8261576 8115843 139686 6047 10980180 8010068 1551891 666792 473 2368 1245 20116 15952989 18065836 529165 479451 29015943 27244631 422109 32852 3559252 3559252 3981361 3592104 X 3492018 4747082 21542564 18905445 25034582 23652527 29015943 27244631 -1084213 -297842 0 X 0 1 X 1 0 X 12861692 7131871 5802726 4314215 4758464 34868968 562172 587499 615274 815171 825136 3405252 13423864 7719370 6418000 5129386 5583600 38274220 7658466 30615754 220758 249254 354042 514484 578149 1916687 40190907 0.76180 0.76660 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4149657 20000 486413 437143 4218927 3883987 708353 442683 4149657 3477501 200000 485556 279070 3883987 4747249 -554137 715611 3477501 4150030 1157526 560307 4747249 0.00000 0.51680 0.48320 0 0 0 Due to City Colleges of Chicago 3559252 3559252 X 7822427 -297842 825136 527294 7295133 -117770 -117770 7177363 9204482 825136 825136 8379346 -117770 -117770 8261576 Part V, Line 4: Some of the donors have requested that the Foundation keep the endowments intact. Part X, Line 2: The Foundation is exempt from federal income tax under Internal Revenue Code Section 501(c)(3). Accordingly, no provision for such taxes has been recognized in these financial statements. The accounting standard 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. Under this guidance, the Foundation may recognize the tax benefit from an uncertain tax position only if it is more likely than not that the tax position will be sustained on examination by taxing authorities, based on the technical merits of the position. Examples of tax positions include the tax-exempt status of the Foundation and the various positions related to the potential sources of unrelated business income tax. There were no unrecognized tax benefits identified or recorded as liabilities during the year ended June 30, 2025. The Foundation files Forms 990 in the U.S. federal jurisdiction and the State of Illinois. Part XI, Line 4b - Other Adjustments: Fundraising Event Expenses -117,770. Part XII, Line 4b - Other Adjustments: Fundraising Event Expenses -117,770. X X X 1 Carol Fox & Associates 1412 W Belmont Ave Chicago IL 60657 Fundraiser 0 50083 41041 9042 Idea Jar LLC 5526 N Lakewood Ave Chicago IL 60640 Fundraiser 0 46983 38500 8483 97066 79541 17525 IL Timuel Black Scholarship Luncheon 97066 93706 3360 27976 89794 97066 93706 3360 27976 89794 117770 -114410 1 City Colleges of Chicago 180 N Wabash Street Suite 200 Chicago IL 60601 362606236 Gov 5842717 0 Student & Program Support Children First Fund The Chicago Public Schools Foundation 233 S Wacker Drive Chicago IL 60606 364094830 501(C)(3) 250000 0 To support the purpose of the organization Alivio Medical Center Inc 966 W 21st Chicago IL 60608 363661051 501(C)(3) 19537 0 To support the purpose of the organization 4 0 Scholarships 1287 1957585 Part I, Line 2: The Foundation management sets up specific funds based on donor restrictions and conditions. 0 0 0 0 0 0 0 0 0 Juan Salgado General Director 0 288080 0 0 0 0 0 52000 0 37178 0 377258 0 0 Veronica Herrero President 0 214998 0 0 0 0 0 0 0 37178 0 252176 0 0 Maribel Rodriguez Treasurer 0 198585 0 0 0 0 0 0 0 14190 0 212775 0 0 Part I, Line 3 The compensation for the President of City Colleges of Chicago Foundation (CCCF), Veronica Herrero, is determined by the City Colleges Chicago Board of Directors by: Board Approval. The CCCF has no employees. Form 990, Part VI, Section A, line 2 Several officers and directors of City Colleges of Chicago Foundation ("CCCF") are employed by and work together at City Colleges of Chicago ("CCC") Maribel Rodriguez, CCCF Treasurer and CCC Vice Chancellor/Chief Financial Officer reports to Juan Salgado, Chancellor of CCC and a Director of CCCF, who himself reports to Dr. Walter E. Massey, who is a Director of CCCF and the Chairman of the Board of Trustees at CCC. The CCCF has no employees of its own. Form 990, Part VI, Section B, line 11b The Form 990 is distributed via e-mail to the trustees for review and approval prior to filing. Form 990, Part VI, Section B, line 12c CCCF's Board of Directors ("Board") approved its conflict of interest policy on July 21, 2009 based on discussions with its external auditors at that time. As stated in Article I of the policy, the policy is intended to supplement but not replace any applicable state and federal laws governing conflict of interest applicable to non-profit or charitable organizations. Article III, paragraph 2 provides assistance to the Board on determining whether an event or transaction causes a conflict of interest to exist. Finally, Article VII provides for period reviews of events, transactions, compensation, and relationships to ensure that they confirm to the Foundation's written policies, are the result of arm's length bargaining, and do not result in an excess benefit transaction. After disclosure of the financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the Board or Committee meeting while the determination of a conflict of interest is discussed and voted on. The remaining Board or Committee members shall decide if a conflict of interest exists. Form 990, Part VI, Section C, line 19 The Foundation will provide documents to those parties who write the Foundation at the following address: Executive Director, City Colleges of Chicago Foundation, 180 North Wabash Street, Suite 200, Chicago, Illinois 60601 City Colleges of Chicago 180 North Wabash Avenue Suite 200 Chicago IL 60601 362606236 Education-Comm. Coll. IL N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 City Colleges of Chicago B 5842717 Cash