James M Schoonmaker II Foundation
Only null% goes to programs Strong reserves Declining revenue
James M Schoonmaker II Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 1992, with $5,785,166 in FY2024 revenue. CharityIndex grades it D.
Po Box 803878, Chicago, IL, 60680 EIN 59-6964359 Since 1992
Revenue (FY2024)
$5.8M
▲ 774.9% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$8.4M
Net assets
$160.9M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for James M Schoonmaker II Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating230 mo reserves · -45% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For James M Schoonmaker II Foundation: 230 mo reserves · -45% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for James M Schoonmaker II Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DTransparency10% of the rating1 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For James M Schoonmaker II Foundation: 1 of 5 disclosure signals earns a D on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 803878, Chicago, IL, 60680
- City
- Chicago
- State
- Illinois
- Subcategory
- Federated Giving Programs
- Phone
- …
Financial trends
Revenue grew from $361K (FY2020) to $5.8M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $160.9M
Operating margin
-45.3%
Spent more than it raised in the latest fiscal year.
Total assets
$160.9M
Total liabilities
$0
Net assets
$160.9M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $5,785,166▲775% | $8,406,708▲15.5% | $160,902,605▼1.5% | $160,902,605▼1.5% | 990PF |
| 2023 | -$857,206▼102% | $7,281,673▲362% | $163,359,868▼4.8% | $163,359,868▼4.8% | 990PF |
| 2022 | $46,954,038▼68.4% | $1,577,242▲137% | $171,513,537▲21.1% | $171,513,537▲21.1% | 990PF |
| 2021 | $148,400,091▲41040% | $666,319▲59.4% | $141,676,067▲2252% | $141,676,067▲2252% | 990PF |
| 2020 | $360,720 | $418,119 | $6,023,665 | $6,023,665 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: The Northern Trust Company — $247,696 (2.95% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| The Northern Trust Company | Trustee | 40 | $247,696 |
| Patrice H Schoonmaker | Trustee | 1 | — |
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Frequently asked questions
- Is James M Schoonmaker II Foundation a legitimate nonprofit?
- Yes. James M Schoonmaker II Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 59-6964359, based in Chicago, Illinois. Donations are tax-deductible.
- What is James M Schoonmaker II Foundation's EIN?
- James M Schoonmaker II Foundation's Employer Identification Number (EIN) is 59-6964359.
- How much revenue does James M Schoonmaker II Foundation report?
- James M Schoonmaker II Foundation reported $5,785,166 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does James M Schoonmaker II Foundation have?
- CharityIndex grades James M Schoonmaker II Foundation D, based on financial health (reserves and operating margin).
- How much does James M Schoonmaker II Foundation's highest-paid employee make?
- The highest reported compensation on James M Schoonmaker II Foundation's latest Form 990 is $247,696, paid to The Northern Trust Company (Trustee).
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Data for James M Schoonmaker II Foundation (EIN 59-6964359) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.