Fairview Foundation in Downers Grove, Illinois (IL)

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Fairview Foundation
Employer Identification Number (EIN)363632069
Name of OrganizationFairview Foundation
Address210 Village Dr, Downers Grove, IL 60516-3036
ActivitiesFundraising, Gifts, grants, or loans to other organizations
SubsectionCharitable Organization
Ruling Date02/1994
DeductibilityContributions are deductible
FoundationOrganization which receives a substantial part of its support from a governmental unit or the general public
OrganizationCorporation
Exempt Organization StatusUnconditional Exemption
Tax Period09/2012
Assets$500,000 to $999,999
Income$100,000 to $499,999
Filing Requirement990 (all other) or 990EZ return
Asset Amount$881,251
Amount of Income$204,973
Form 990 Revenue Amount$204,973
National Taxonomy of Exempt Entities (NTEE)Philanthropy, Voluntarism and Grantmaking Foundations: Public Foundations


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Amount of income in 2012: $204,973
Fairview Foundation: 

 $204,973
Other organizations performing similar types of work: 

 $72,526

Assets in 2012: $881,251
Fairview Foundation: 

 $881,251
Other organizations performing similar types of work: 

 $52,681

Expenses in 2007: $309,501
Fairview Foundation: 

 $309,501
Other organizations performing similar types of work: 

 $880,026

Income to expenses ratio in 2007: 0.9
This organization: 

 0.9
Other organizations performing similar types of work: 

 1.3

Expenses allocated to program services in 2007: 0.0%
This organization: 

 0.0%
Other organizations performing similar types of work: 

 81.9%

Number of employees in 2007: 1
This organization: 

 1
Other organizations performing similar types of work: 

 6

Employees paid over $50,000 in 2007: 100.0%
This organization: 

 100.0%
Other organizations performing similar types of work: 

 25.0%

Grants share in income in 2007: 60.8%
This organization: 

 60.8%
Other organizations performing similar types of work: 

 68.0%

Financial snapshot ($)

Revenue for 2007

Assets at end of 2007

Expenses for 2007

Functional Expenses for 2007 ($)

Income-Producing Activities for 2007

Revenue, Expenses, and Changes in Net Assets or Fund Balances
20002001200220032004200520062007
Total revenue$626,246$204,545$225,331$584,192$400,539$344,979$489,519$284,031
Contributions, gifts, grants, and similar amounts received$542,801$262,332$204,631$493,385$243,594$122,330$319,973$172,784
Contributions to donor advised funds$0$0
Direct public support$542,801$262,332$204,631$493,385$243,594$122,330$319,973$172,784
Indirect public support$0$0$0$0$0$0$0$0
Government contributions (grants)$0$0$0$0$0$0$0$0
Program service revenue including government fees and contracts$0$0$0$0$0$0$0$0
Membership dues and assessments$0$0$0$0$0$0$0$0
Interest on savings and temporary cash investments$0$0$0$0$0$0$0$0
Dividends and interest from securities$154,223$4,875$16,820$16,970$30,306$33,227$40,024$70,172
Net rental income or (loss)$0$0$0$0$0$0$0$0
Gross rents$0$0$0$0$0$0$0$0
Less: rental expenses$0$0$0$0$0$0$0$0
Other investment income$0$0$0$0$0$0$0$0
Gain or (loss) from sales of assets other than inventory$-70,778$-62,662$3,880$72,662$126,639$189,422$129,522$41,075
Gross amount from sales of assets other than inventory$129,114$1,093,726$641,679$931,287$1,161,759$1,681,525$1,160,125$1,285,030
Less: cost or other basis and sales expenses$199,892$1,156,388$637,799$858,625$1,035,120$1,492,103$1,030,603$1,243,955
Net income or (loss) from special events and activities$0$0$0$0$0$0$0$0
Gross revenue$0$0$0$0$0$0$0$0
Less: direct expenses other than fundraising expenses$0$0$0$0$0$0$0$0
Gross profit or (loss) from sales of inventory$0$0$0$0$0$0$0$0
Gross sales of inventory, less returns and allowances$0$0$0$0$0$0$0$0
Less: cost of goods sold$0$0$0$0$0$0$0$0
Other revenue$0$0$0$1,175$0$0$0$0
Total expenses$153,399$174,331$252,056$178,909$230,435$345,828$484,599$309,501
Program services$0$0$0$0$0$0$0$0
Management and general$19,192$20,948$22,951$27,159$78,280$227,687$367,075$148,349
Fundraising$134,207$153,383$229,105$151,750$152,155$118,141$117,524$161,152
Payments to affiliates$0$0$0$0$0$0$0$0
Net assets or fund balances at end of year$493,695$436,816$644,705$416,277$817,100$712,166$825,446$337,563
Excess or (deficit) for the year$472,847$30,214$-26,725$405,283$170,104$-849$4,920$-25,470
Net assets or fund balances at beginning of year$1,752,846$493,695$436,816$644,705$416,277$817,100$712,166$825,446
Other changes in net assets or fund balances$-1,731,998$-87,093$234,614$-633,711$230,719$-104,085$108,360$-462,413
Statement of Functional Expenses (for 2007)
TotalProgram servicesManagement and generalFundraising
Total functional expenses$309,501$0$148,349$161,152
Grants paid from donor advised funds$0
Other grants and allocations$0
Specific assistance to individuals$0
Benefits paid to or for members$0
Compensation of current officers, directors, key employees, etc.$91,783$0$0$91,783
Compensation of former officers, directors, key employees, etc.$0$0$0$0
Compensation and other distributions, not included above, to disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0$0$0
Salaries and wages of employees not included above$14,193$0$0$14,193
Pension plan contributions not included above$15,692$0$15,692$0
Employee benefits not included above$0$0$0$0
Payroll taxes$7,124$0$0$7,124
Professional fundraising fees$0$0$0$0
Accounting fees$8,550$0$0$8,550
Legal fees$0$0$0$0
Supplies$1,680$0$0$1,680
Telephone$702$0$0$702
Postage and shipping$1,597$0$0$1,597
Occupancy$0$0$0$0
Equipment rental and maintenance$0$0$0$0
Printing and publications$11,364$0$0$11,364
Travel$2,813$0$0$2,813
Conferences, conventions, and meetings$0$0$0$0
Interest$0$0$0$0
Depreciation, depletion, etc.$0$0$0$0
Other expenses not covered above$154,003$0$132,657$21,346
Balance Sheets
20002001200220032004200520062007
Total assets$2,152,473$1,815,359$2,034,944$1,773,290$1,858,114$1,833,171$2,048,783$1,472,108
Cash - non-interest-bearing$149,468$181,679$52,600$8,589$6,265$7,866$5,000$0
Savings and temporary cash investments$1,253,133$773,483$1,050,469$1,167,368$1,211,351$1,190,307$1,276,160$805,828
Accounts receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Pledges receivable less allowance for doubtful accounts$111,297$111,297$104,216$27,366$27,366$27,366$27,366$27,366
Grants receivable$0$0$0$0$0$0$0$0
Receivables from current and former officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Receivables from other disqualified persons (as defined under section 4958(f)(1)) and persons described in section 4958(c)(3)(B)$0$0
Other notes and loans receivable less allowance for doubtful accounts$0$0$0$0$0$0$0$0
Inventories for sale or use$0$0$0$0$0$0$0$0
Prepaid expenses and deferred charges$0$10,000$632$0$0$0$0$179
Investments - publicly-traded securities$0$0
Investments - other securities$0$0$0$0$0$0$0$0
Investments - land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Investments - other$631,859$732,092$820,219$563,251$606,416$600,916$733,541$632,019
Land, buildings, and equipment less accumulated depreciation$0$0$0$0$0$0$0$0
Other assets, including program-related investments$6,716$6,808$6,808$6,716$6,716$6,716$6,716$6,716
Total liabilities$1,658,778$1,378,543$1,390,239$1,357,013$1,041,014$1,121,005$1,223,337$1,134,545
Accounts payable and accrued expenses$416,178$8,468$10,544$11,425$13,947$11,435$4,326$17,608
Grants payable$0$0$0$0$0$0$0$0
Deferred revenue$1,242,600$1,126,373$1,069,161$0$933,255$861,421$789,449$720,632
Loans from officers, directors, trustees, and key employees$0$0$0$0$0$0$0$0
Tax-exempt bond liabilities$0$0$0$0$0$0$0$0
Mortgages and other notes payable$0$0$0$0$0$0$0$0
Other liabilities$0$243,702$310,534$1,345,588$93,812$248,149$429,562$396,305
Total liabilities and net assets/fund balances$2,152,473$1,815,359$2,034,944$1,773,290$1,858,114$1,833,171$2,048,783$1,472,108
Total net assets or fund balances$493,695$436,816$644,705$416,277$817,100$712,166$825,446$337,563
Reconciliation of Revenue per Audited Financial Statements With Revenue per Return
20002001200220032004200520062007
Total revenue$626,246$204,545$225,331$584,192$400,539$344,979$489,519$284,031
Total revenue, gains, and other support per audited financial statements$626,246$204,545$462,129$678,506$467,666$344,979$597,879$284,031
Other expenses$0$0$236,798$94,314$107,127$0$108,360$0
Net unrealized gains on investments$0$0$236,798$94,314$107,127$0$108,360$0
Donated services and use of facilities$0$0$0$0$0$0$0$0
Recoveries of prior year grants$0$0$0$0$0$0$0$0
Other$0$0$0$0$0$0$0$0
Other revenue$0$0$0$0$40,000$0$0$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$40,000$0$0$0
Reconciliation of Expenses per Audited Financial Statements With Expenses per Return
20002001200220032004200520062007
Total expenses$153,399$174,331$252,056$178,909$230,435$345,828$484,599$309,501
Total expenses and losses per audited financial statements$1,819,765$258,114$252,056$178,909$190,435$405,613$169,599$771,914
Other revenue$1,666,366$83,783$0$0$0$59,785$12,354$462,413
Donated services and use of facilities$0$0$0$0$0$0$0$0
Prior year adjustments$0$0$0$0$0$0$0$0
Losses$1,666,366$83,783$0$0$0$59,785$0$462,292
Other$0$0$0$0$0$0$12,354$121
Other expenses$0$0$0$0$40,000$0$327,354$0
Investment expenses$0$0$0$0$0$0$0$0
Other$0$0$0$0$40,000$0$327,354$0
Current Officers, Directors, Trustees, and Key Employees
Average hours per week devoted to positionCompensationContributions to employee benefit plans & deferred compensation plansExpense account and other allowances
40$88,253$3,530$0
Total number of officers, directors, and trustees permitted to vote on organization business at board meetings6
Are any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, related to each other through family or business relationships?No
Do any officers, directors, trustees, or key employees listed in Form 990, Part V-A, or highest compensated employees listed in Schedule A, Part I, or highest compensated professional and other independent contractors listed in Schedule A, Part II-A or II-B, receive compensation from any other organizations, whether tax exempt or taxable, that are related to the organization?No
Does the organization have a written conflict of interest policy?Yes
Other Information
Did the organization have unrelated business gross income of $1,000 or more during the year covered by this return, and has it filed a tax return on Form 990-T for this year?No
Was there a liquidation, dissolution, termination, or substantial contraction during the year?No
Is the organization related (other than by association with a statewide or nationwide organization) through common membership, governing bodies, trustees, officers, etc., to any other exempt or nonexempt organization?Yes
Direct and indirect political expenditures$0
Did the organization file Form 1120-POL for this year?No
Were substantially all dues nondeductible by members?
Did the organization make only in-house lobbying expenditures of $2,000 or less?
Dues, assessments, and similar amounts from members$0
Section 162(e) lobbying and political expenditures$0
Aggregate nondeductible amount of section 6033(e)(1)(A) dues notices$0
Taxable amount of lobbying and political expenditures$0
Does the organization elect to pay the section 6033(e) tax on the amount above?
If section 6033(e)(1)(A) dues notices were sent, does the organization agree to add the amount above to its reasonable estimate of dues allocable to nondeductible lobbying and political expenditures for the following tax year?
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities$0
At any time during the year, did the organization, directly or indirectly, own a controlled entity within the meaning of section 512(b)(13)?No
Amount of tax imposed on the organization during the year under: section 4911$0
Amount of tax imposed on the organization during the year under: section 4912$0
Amount of tax imposed on the organization during the year under: section 4955$0
Did the organization engage in any section 4958 excess benefit transaction during the year or did it become aware of an excess benefit transaction from a prior year?No
Amount of tax imposed on the organization managers or disqualified persons during the year under sections 4912, 4955, and 4958$0
Amount of tax above, reimbursed by the organization$0
At any time during the tax year, was the organization a party to a prohibited tax shelter transaction?No
Did the organization acquire a direct or indirect interest in any applicable insurance contract?No
Did the supporting organization, or a fund maintained by a sponsoring organization, have excess business holdings at any time during the year?No
Number of employees employed in the pay period that includes March 12, 20061
Analysis of Income-Producing Activities (for 2007)
Unrelated business incomeExcluded by section 512, 513, or 514Related or exempt function income
Business codeAmountExclusion codeAmount
Total$0$111,247$0
Program service revenue
Program service revenue 1000000$000$0$0
Program service revenue 2000000$000$0$0
Program service revenue 3000000$000$0$0
Program service revenue 4000000$000$0$0
Program service revenue 5000000$000$0$0
Medicare/Medicaid payments000000$000$0$0
Fees and contracts from government agencies000000$000$0$0
Membership dues and assessments000000$000$0$0
Interest on savings and temporary cash investments000000$000$0$0
Dividends and interest from securities000000$0Dividends, interest, payments with respect to securities loans, annuities, income from notional principal contracts, loan commitment fees, and other substantially similar income from ordinary and routine investments excluded by section 512(b)(1)$70,172$0
Net rental income or (loss) from real estate
debt-financed property000000$000$0$0
not debt-financed property000000$000$0$0
Net rental income or (loss) from personal property000000$000$0$0
Other investment income000000$000$0$0
Gain or (loss) from sales of assets other than inventory000000$0Gain (or loss, to the extent allowed) from the sale of investments and other non-inventory property and from certain property acquired from financial institutions that are in conservatorship or receivership (sections 512(b)(5) and 512(b)(16)(A))$41,075$0
Net income or (loss) from special events000000$000$0$0
Gross profit or (loss) from sales of inventory000000$000$0$0
Other revenue000000$000$0$0
Information Regarding Taxable Subsidiaries and Disregarded Entities (for 2007)
EIN of corporation, partnership, or disregarded entityPercentage of ownership interestTotal incomeEnd-of-year assets
0%$0$0
0%$0$0
0%$0$0
0%$0$0
Compensation of the Five Highest Paid Employees Other Than Officers, Directors, and Trustees (for 2007)
CompensationContributions to employee benefit plans & deferred compensationExpense account and other allowances
$0$0$0
$0$0$0
$0$0$0
$0$0$0
$0$0$0
Total number of other employees paid over $50,0000
Statements About Activities (for 2007)
Expenses paid or incurred in connection with the lobbying activities$0
Did the organization receive or hold an easement for conservation purposes, including easements to preserve open space, the environment, historic land areas or historic structures?No
Did the organization provide credit counseling, debt management, credit repair, or debt negotiation services?No
Did the organization maintain any donor advised funds?No
Did the organization make any taxable distributions under section 4966?No
Did the organization make a distribution to a donor, donor advisor, or related person?No
Enter the total number of donor advised funds owned at the end of the tax year$0
Enter the aggregate value of assets held in all donor advised funds owned at the end of the tax year$0
Enter the total number of separate funds or accounts owned at the end of the tax year (excluding donor advised funds included above) where donors have the right to provide advice on the distribution or investment of amounts in such funds or accounts$0
Enter the aggregate value of assets held in all funds or accounts included above at the end of the tax year$0
Reason for Non-Private Foundation Status
The organization is not a private foundation because it isOrganization that receives a substantial part of its support from a governmental unit or from the general public
Support Schedule
19992000200120022003200420052006
Total$285,071$697,024$267,207$221,451$511,530$273,900$155,557$359,997
Gifts, grants, and contributions received$218,664$542,801$262,332$204,631$493,385$243,594$122,330$319,973
Membership fees received$0$0$0$0$0$0$0$0
Gross receipts from admissions, merchandise sold or services performed, or furnishing of facilities in any activity that is related to the organization's charitable, etc., purpose$0$0$0$0$1,175$0$0$0
Gross income from interest, dividends, amounts received from payments on securities loans (section 512(a)(5)), rents, royalties, and unrelated business taxable income (less section 511 taxes) from businesses acquired by the organization after June 30, 1975$66,407$154,223$4,875$16,820$16,970$30,306$33,227$40,024
Net income from unrelated business activities not included above$0$0$0$0$0$0$0$0
Tax revenues levied for the organization's benefit and either paid to it or expended on its behalf$0$0$0$0$0$0$0$0
The value of services or facilities furnished to the organization by a governmental unit without charge. Do not include the value of services or facilities generally furnished to the public without charge$0$0$0$0$0$0$0$0
Other income$0$0$0$0$0$0$0$0
Lobbying Expenditures by Electing Public Charities (for 2007)
Total exempt purpose expenditures$0
Total lobbying expenditures$0
Total lobbying expenditures to influence public opinion (grassroots lobbying)$0
Total lobbying expenditures to influence a legislative body (direct lobbying)$0
Other exempt purpose expenditures$0
Lobbying nontaxable amount$0
Grassroots nontaxable amount$0
Statements Regarding Other IRS Filings and Tax Compliance (for 2011)
Did the organization have unrelated business gross income of $1,000 or more during the year?No
Initiation fees and capital contributions$0
Gross receipts for public use of club facilities $0
Gross income from members or shareholders$0
Gross income from other sources$0
Statement of Revenue (for 2011)
Total revenue$197,317
Contributions, Gifts, Grants and Other Similar Amounts$134,368
Program Service Revenue$0
Other Revenue
Investment income (including dividends, interest, and other similar amounts)$13,200
Income from investment of tax-exempt bond proceeds$0
Royalties$0
Net rental income$0
Net gain from sales of assets other than inventory$49,749
Gross amount from sales of assets other than inventory (Securities / Other)$504,525 / $0
Less: cost or other basis and sales expenses (Securities / Other)$454,776 / $0
Gain or (loss) (Securities / Other)$49,749 / $0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous Revenue$0
Statement of Functional Expenses (for 2011)
Total functional expenses$240,298
Compensation of current officers, directors, trustees, and key employees$39,914
Other salaries and wages$24,907
Payroll taxes$3,224
Professional fundraising services$0
Other$172,253
Balance Sheet (for 2011)
Total assets$846,711
Total liabilities$548,164
Tax-exempt bond liabilities$0
Secured mortgages and notes payable to unrelated third parties$0
Unsecured notes and loans payable to unrelated third parties$0
Other$548,164
Total net assets or fund balances$298,547
Retained earnings, endowment, accumulated income, or other funds$0
Reason for Public Charity Status (for 2011)
The organization is not a private foundation because it is:An organization that normally receives a substantial part of its support from a governmental unit or from the general public described in section 170(b)(1)(A)(vi)
Support Schedule for Organizations Described in Sections 170(b)(1)(A)(iv) and 170(b)(1)(A)(vi) (for 2011)
2007 - 2011 Total
Total Support$1,524,444
Gifts, grants, contributions, and membership fees received$1,328,879
Tax revenues levied for the organization's benefit and either paid to or expended on its behalf$0
The value of services or facilities furnished by a governmental unit to the organization without charge$0
Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources$195,565
Gross receipts from related activities, etc.$0
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Organizations performing similar types of work
IdNameAddressStateEstablishedTotal Income
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2Goldman Sachs Philanthropy Fund30 Hudson St 15th Fl, Jersey City, NJ 07302-4600NJ2001-08$584,772,079
3National Ymca Fund Inc101 North Wacker Drive, Chicago, IL 60606-1784IL1993-11$75,277,589
4Moose Charities Inc155 S International Dr, Mooseheart, IL 60539-1169IL1995-03$13,764,689
5University Of Chicago Foundation For Emotionally Disturbed Children1365 E 60th St, Chicago, IL 60637-2856IL2006-05$4,252,401
6The Chest Foundation3300 Dundee Rd, Northbrook, IL 60062-2303IL1986-10$1,661,526
7Sunshine Through Golf Foundation11855 Archer Ave, Lemont, IL 60439-6727IL1948-10$999,918
8Kenilworth United Fund Inc419 Richmond Rd, Kenilworth, IL 60043-1140IL1942-07$312,004
9Fairview Foundation210 Village Dr, Downers Grove, IL 60516-3036IL1994-02$204,973
10Make A Dent Foundation Inc333 North Michigan Av Suite 1810, Chicago, IL 60601IL1993-09$-12,137
11Iff Wisconsin IncOne N Lasalle St Ste 700, Chicago, IL 60602-3942IL2008-08$3,695,638
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17Mill FoundationPO BOX 319, Rockton, IL 61072-0319IL2003-07$1,191,085
18Rosecrance Foundation1021 North Mulford Road, Rockford, IL 61107-3877IL1998-05$1,189,592
19Foundation For The Study Of Brain Behavior & Human Development111 W Washington St Ste 1710, Chicago, IL 60602-2858IL1999-07$1,001,224
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Number of organizations performing similar types of work
Alaska22
Alabama159
Arkansas82
Arizona241
California1,395
Colorado262
Connecticut189
District of Columbia90
Delaware52
Florida820
Georgia355
Hawaii51
Iowa119
Idaho47
Illinois515
Indiana203
Kansas108
Kentucky127
Louisiana132
Massachusetts388
Maryland280
Maine49
Michigan374
Minnesota228
Missouri257
Mississippi44
Montana52
North Carolina319
North Dakota33
Nebraska87
New Hampshire73
New Jersey503
New Mexico55
Nevada70
New York1,060
Ohio483
Oklahoma136
Oregon165
Pennsylvania439
Rhode Island53
South Carolina141
South Dakota35
Tennessee195
Texas824
Utah106
Virginia341
Vermont33
Washington263
Wisconsin183
West Virginia55
Wyoming36
International23
Total12,352

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