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EIN 38-2877392

The Karla Scherer Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Chicago
State
Illinois
Year formed
1990
Most recent tax filings
2023-12-01
NTEE code, primary
T20: Private Foundations
Description
The Karla Scherer Foundation is a private foundation located in Chicago, IL that primarily funds general fund grants. It made 15 grants last year to grantees such as the University of Chicago Scherer Center and others.
Total revenues
$170,626
2023
Total expenses
$355,996
2023
Total assets
$7,400,987
2023
Num. employees
0
2023

Grants made by The Karla Scherer Foundation

GranteeGrant descriptionAmount
NewberryGeneral Fund$36,000
Healthnetwork FoundationGeneral Fund$20,000
Lyric Opera of ChicagoGeneral Fund$10,000
...and 15 more grants made

Personnel at The Karla Scherer Foundation

NameTitleCompensation
Karla SchererOfficer$0

Financials for The Karla Scherer Foundation

RevenuesFYE 12/2023
Total grants, contributions, etc.$0
Investment income and dividends$199,607
Net rental income$0
Net gain from sale of non-inventory assets$-4,276
Gross sales of inventory$0
Miscellaneous revenues$-24,705
Total revenues$170,626

Form 990s for The Karla Scherer Foundation

Fiscal year endingDate received by IRSFormPDF link
2023-122024-05-06990PFView PDF
2022-122023-05-15990PFView PDF
2021-122022-05-12990PFView PDF
2020-122021-05-14990PFView PDF
2019-122020-09-03990PRView PDF
...and 8 more Form 990s
Data update history
July 21, 2023
Posted financials
Added Form 990PF for fiscal year 2022
June 14, 2023
Posted financials
Added Form 990PF for fiscal year 2021
June 9, 2023
Posted financials
Added Form 990PF for fiscal year 2020
August 19, 2021
Posted financials
Added Form 990R for fiscal year 2019
November 29, 2019
Posted financials
Added Form 990PF for fiscal year 2018
Nonprofit Types
Grantmaking organizationsPrivate foundationsPrivate non-operating foundationsCharities
Issues
No issues found
Characteristics
Provides grantsPartially liquidatedState / local levelTax deductible donationsNo full-time employees
General information
Address
737 N Michigan Ave 2330 Ste 2330
Chicago, IL 60611
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(312) 943-9191
IRS details
EIN
38-2877392
Fiscal year end
December
Taxreturn type
Form 990-PF
Year formed
1990
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T20: Private Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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