The Chicago Law Foundation is located in Chicago, IL. The organization was established in 1982. According to its NTEE Classification (I83) the organization is classified as: Public Interest Law, under the broad grouping of Crime & Legal-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Law Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 03/2023, Chicago Law Foundation generated $60.9k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 14.4% each year . All expenses for the organization totaled $28.6k during the year ending 03/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE CHICAGO LAW FOUNDATION AWARDS GRANTS TO UNIVERSITY OF CHICAGO LAW STUDENTS TO FUND INTERNSHIPS WITH NONPROFIT OR GOVERNMENTAL ORGANIZATIONS IN ADDITION TO COVERING BAR EXPENSES FOR GRADUATING STUDENTS WHO COMMITTED TO WORKING FOR PUBLIC INTEREST ORGANIZATIONS. WE AWARDED 11 TOTAL GRANTS THIS YEAR.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laura Shannon President | 8 | $0 | |
Nicholas Sanders Treasurer | 8 | $0 | |
Jason Shain Vice President Of Auction | 8 | $0 | |
Jenna Liu Auction Chair | 8 | $0 | |
Sarah Pak Vice President Of Merchandise | 8 | $0 | |
Maya Bar Merchandise Chair | 8 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $64,229 |
Total Program Service Revenue | $0 |
Membership dues | $0 |
Investment income | $0 |
Gain or Loss | $0 |
Net Income from Gaming & Fundraising | -$13,170 |
Other Revenue | $0 |
Total Revenue | $60,928 |
Statement of Expenses | |
---|---|
Grants and similar amounts paid | $0 |
Benefits paid to or for members | $0 |
Salaries, other compensation, and employee benefits | $0 |
Professional fees and other payments to independent contractors | $0 |
Occupancy, rent, utilities, and maintenance | $0 |
Printing, publications, postage, and shipping | $11 |
Other expenses | $153 |
Total expenses | $28,626 |
Balance Sheet | |
---|---|
Cash, savings, and investments | $45,873 |
Other assets | $0 |
Total assets | $45,873 |
Total liabilities | $0 |
Net assets or fund balances | $45,873 |