Richard L Duchossois Memorial Foundation is a 501(c)(3) organization based in Chicago, Illinois, registered in 2018, with $36,090,015 in FY2024 revenue. CharityIndex grades it B.
Revenue (FY2024)
$36.1M
▲ 210.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$2.1M
Net assets
$161.4M
Employees
—
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 Richard L Duchossois Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Richard L Duchossois Memorial Foundation: 931 mo reserves · +94% margin earns a B+ on this criterion. See the exact thresholds →
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 Richard L Duchossois Memorial Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
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 Richard L Duchossois Memorial Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Revenue grew from $150K (FY2018) to $36.1M (FY2024) across 7 reported years.
Financial snapshot
Operating margin
94.2%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$161.4M
Total liabilities
$62K
Net assets
$161.4M
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $36,090,015▲210% | $2,079,300▼80.5% | $161,383,636▲26.2% | $161,445,814▲26.3% | 990PF |
| 2023 | $11,635,393▼11.2% | $10,653,031▲1226% | $127,855,319▲21.9% | $127,855,319▲21.9% | 990PF |
| 2022 | $13,101,369▼87.2% | $803,159▲199691% | $104,908,318▲1.9% | $104,908,318▲1.9% | 990PF |
| 2021 | $102,418,416 | $402▼99.2% | $102,964,202▲84410% | $102,964,202▲84410% | 990PF |
| 2020 | $0▼100% | $50,000▲102% | $121,836▼29.1% | $121,836▼29.1% | 990PF |
| 2019 | $50,000▼66.7% | $24,701▼53.8% | $171,836▲17.3% | $171,836▲17.3% | 990PF |
| 2018 | $150,000 | $53,463 | $146,537 | $146,537 | 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.
Highest-paid: Paul Sznewajs — $481,967 (23.18% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Paul Sznewajs | Executive Director | 40 | $481,967 |
| Mary J Duchossois | Vice President | 1 | — |
| Robert L Fealy | Treasurer | 1 | — |
| Scott A Mordell | President | 1 | — |
| Tyler Lenczuk | Vice President | 1 | — |
| William M Doyle Jr | Secretary | 1 | — |
Explore more
Data for Richard L Duchossois Memorial Foundation (EIN 82-2759714) 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.