Attach to Form 990 or 990-EZ.
Go to www.irs.gov/Form990 for the latest information.
| Return Reference | Explanation |
|---|---|
| FORM 990, PART VI, SECTION A, LINE 8B | THERE ARE NO OTHER COMMITTEES WITH AUTHORITY TO ACT ON BEHALF OF THE GOVERNING BODY. |
| FORM 990, PART VI, SECTION B, LINE 11B | THE BOARD OF DIRECTORS AUTHORIZED THE FINANCIAL DIRECTOR TO REVIEW AND APPROVE FORM 990 BEFORE FILING WITH THE APPROPRIATE AGENCY. |
| FORM 990, PART VI, SECTION C, LINE 19 | THE ORGANIZATION DOES NOT MAKE ITS GOVERNING DOCUMENTS OR FINANCIAL STATEMENTS AVAILABLE TO THE GENERAL PUBLIC. |
| PART VII, LINE 1A OFFICERS, KEY EMPLOYEES AND HIGHLY COMPENSATED EMPLOYEES | THE FOUNDATION EMPLOYEES ARE PAID THROUGH CHICAGO TEACHERS UNION. W-2S FOR THESE EMPLOYEES ARE ISSUED BY CHICAGO TEACHERS UNION. THE SALARIES, PENSION BENEFITS, WELFARE BENEFITS AND PAYROLL TAXES FOR THESE EMPLOYEES ARE THEN REIMBURSED BY THE FOUNDATION. THESE REIMBURSEMENTS ARE INCLUDED IN PART IX OF THE FOUNDATION'S FORM 990 AS COMPENSATION, OTHER SALARY AND WAGES, PENSION BENEFITS, OTHER EMPLOYEE BENEFITS AND PAYROLL TAXES. |
| FORM 990 PART XII, LINE 2C | THE BOARD OF DIRECTORS OF THE FOUNDATION IS RESPONSIBLE FOR THE OVERSIGHT OF THE AUDIT AND FOR THE SELECTION OF THE INDEPENDENT AUDITORS. THERE HAS BEEN NO CHANGE IN THIS PROCESS FROM THE PRIOR YEAR. |
| FORM 990 LINE B - AMENDED RETURN | THE FORM 990 WAS AMENDED BECAUSE CHANGES WERE MADE TO THE FINANCIAL STATEMENTS AFTER THE FORM 990 WAS FILED. THE RETURN WAS AMENDED TO CORRECT FIXED ASSETS, ACCUMULATED DEPRECIATION AND DEPRECIATION EXPENSE. ALSO, PART VII WAS CORRECTED. THE SCHEDULES THAT WERE CHANGED ARE AS FOLLOWS: FORM 990, PARTS VII, IX, X AND XI SCHEDULE D PARTS VI AND XII SCHEDULE J PART II |
| Software ID: | |
| Software Version: |