The Jackson Chance Foundation
- Assets
- $2.6m
- Revenue
- $661.8k
- Investments
- $0.0
- Employees
- 1
- Location
- Chicago, IL
- Founding
- 03/2013
- Data as of
- 12/2023
- EIN
- 46-1400798
Organization Overview
The Jackson Chance Foundation is located in Chicago, IL. The organization was established in 2013. According to its NTEE Classification (E19) the organization is classified as: Support N.E.C., under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jackson Chance 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 12/2023, Jackson Chance Foundation generated $661.8k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.5% each year. All expenses for the organization totaled $524.8k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2019, Jackson Chance Foundation has awarded 11 individual grants totaling $1,154,444. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
JACKSON CHANCE FOUNDATION'S MISSION IS TO ENRICH THE LIVES OF FAMILIESWITH BABIES IN THE NEONATAL INTENSIVE CARE UNIT (NICU) BY ALLOWING THEMTO SPEND MORE TIME WITH THEIR CRITICALLY ILL BABY. JCF CREATED THENICU TRANSPORTATION PROGRAM TO PARTNER WITH HOSPITALS AND ENSURE THATTHE FINANCIAL BURDEN OF PARKING AND TRANSPORTATION DOES NOT STAND INTHE WAY OF ANY PARENT BEING WITH THEIR CHILD.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JACKSON CHANCE FOUNDATION'S MISSION IS TO ENRICH THE LIVES OF FAMILIES WITH BABIES IN THE NEONATAL INTENSIVE CARE UNIT (NICU) BY ALLOWING THEM TO SPEND MORE TIME WITH THEIR CRITICALLY ILL BABY.JCF CREATED THE NICU TRANSPORTATION PROGRAM TO PARTNER WITHHOSPITALS AND ENSURE THAT THE FINANCIAL BURDEN OF PARKING ANDTRANSPORTATION DOES NOT STAND IN THE WAY OF ANY PARENT BEING WITHTHEIR CHILD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Meghie President/treasurer | OfficerTrustee | 1 | $0 |
Carrie Meghie Secretary | OfficerTrustee | 1 | $0 |
Ed Kruschka Board Member | Trustee | 1 | $0 |
Ivona Kutermankiewicz Board Member | Trustee | 1 | $0 |
Pete Zudyk Board Member | Trustee | 1 | $0 |
Christopher Wozniak Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $336,344 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $476,315 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $812,659 |
| Total Program Service Revenue | $0 |
| Investment income | $45,368 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$41,249 |
| Net Income from Fundraising Events | -$158,146 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $661,793 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $310,739 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $110,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,483 |
| Payroll taxes | $8,415 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,672 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,814 |
| Advertising and promotion | $24,442 |
| Office expenses | $2,853 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $660 |
| Insurance | $1,979 |
| All other expenses | $0 |
| Total functional expenses | $524,843 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $903,055 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,340 |
| Investments—publicly traded securities | $1,724,312 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,628,707 |
| Accounts payable and accrued expenses | $61,572 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $61,572 |
| Net assets without donor restrictions | $2,505,986 |
| Net assets with donor restrictions | $61,149 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $2,628,707 |
Grants Awarded
Over the last fiscal year, The Jackson Chance Foundation has awarded $264,852 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LURIE CHILDREN'S HOSPITAL PURPOSE: TO AID FAMILIES WITH CHILDREN ADMITTED TO LURIE'S NICU | $170,352 |
NORTHWESTERN PRENTICE WOMEN'S HOSPITAL PURPOSE: TO AID FAMILIES WITH CHILDREN ADMITTED TO NORTHWESTERN PRENTICE'S NICU | $94,500 |