2024-11-13T10:06:29-05:00 2024-06-30 463048947 AHLBECK & COMPANY 1651 ELK BLVD DES PLAINES IL 60016 990 2023-07-01 450547664 THE KALO FOUNDATION OF PARK RIDGE KALO 8477921970 255 N NORTHWEST HWY PARK RIDGE IL 60068 DON MCEACHERN TREASURER 8473215949 2024-11-13 true false THOMAS H AHLBECK CPA P00237636 8478251812 2024-11-13 2023 2024-10-15 13:58:12Z MARIA HRYCELAK 126 COLUMBIA AVE PARK RIDGE IL 60068 170705 false X KALOFOUNDATION.ORG X 2006 IL DEDICATED TO PRESERVING THE RICH ARTISTIC LEGACY IN THE CITY OF PARK RIDGE, ILLINOIS 6 6 0 6 0 33747 112544 2462 1075 38669 40178 2588 678 77466 154475 1500 500 0 0 0 0 81710 78970 83210 79470 -5744 75005 1683846 1820222 47 169 1683799 1820053 DEDICATED TO PRESERVING THE RICH ARTISTIC LEGACY OF THE CITY OF PARK RIDGE, ILLINOIS THROUGH EDUCATION, ADVOCACY, AND PRESERVATION, AS WELL AS PROMOTING THE ARTS AND CRAFTS AS AN INTEGRAL PART OF OUR MODERN LIVES. false false 59200 KALO FOUNDATION CONTINUES TO RESTORE THE IANNELLI STUDIO & HERITAGE CENTER, ACQUIRE ARTWORK FOR DISPLAY, SPONSOR EDUCATIONAL SEMINARS, EXHIBITS, TOURS, PUBLICATIONS AND SPECIAL EVENTS TO INCREASE AWARENESS AND APPRECIATION OF THE ARTS AND CRAFTS. 500 500 KALO FOUNDATION OFFERED ONE 500 PEGLER SCHOLARSHIPS FOR STUDENT ART WINNERS. ARTISTS SUBMIT ARTWORK FOR THE SCHOLARSHIP WHICH IS REVIEWED AND NOTED UPON BY THE BOARD AND THE LOCAL HIGH SCHOOLS TO DETERMINE THE RECIPIENTS OF THE SCHOLARSHIPS. 59700 true true false false false false false false false false true false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false false true 0 0 0 false false false false false false false false false false false false false false X 6 6 false false false false false false false true true false false false true true true true true false false false IL X X DON MCEACHERN 8477921970 766 GOLF COURT LAKE BARRINGTON IL 60010 X MARIA HRYCELAK PRESIDENT 10.00 X 0 0 0 DON MCEACHERN TREASURER 10.00 X 0 0 0 VICKY BELLISARIO VICE PRESIDE 10.00 X 0 0 0 JANELLE MARCUCCILLI CORRESPONDIN 10.00 X 0 0 0 LEIGH SASSER VICE PRESIDE 10.00 X 0 0 0 JUDY BACON VICE PRESIDE 10.00 X 0 0 0 false false false 112544 112544 ART PROGRAM 1075 1075 1075 40178 40178 15100 14941 159 159 159 1808 1289 519 519 154475 519 41412 500 500 2800 2800 5726 5726 265 265 13993 11194 2799 35271 28217 7054 6339 5071 1268 ART PROGRAM EXPENSES- OTH 12902 12902 EVEN FOOD EXPENSES 1158 1158 PRINTING 262 210 52 PAYPAL FEES 183 183 71 71 79470 59700 19770 0 28769 36628 978425 381733 488868 596692 1166209 1186902 1683846 1820222 47 169 47 169 X 1683799 1820053 1683799 1820053 1683846 1820222 X 75005 61246 3 X false false false X 31001 37337 32967 33747 112544 247596 31001 37337 32967 33747 112544 247596 247596 18726 39729 48793 51094 55278 213620 10072 908 75 11055 472271 7962 0.52430 0.50340 X SUPPLEMENTAL INFORMATION SCH. A, PART II - UNUSUAL GRANTS: 2019:400,000 + 400,000 = 800,000 2018: 274,993 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 50000 50000 785543 288583 496960 36910 25519 11391 105972 67631 38341 596692 FORM 990, PAGE 1, PART I, LINE 6 BASED ON THE IDEALS OF THE AMERICAN ARTS AND CRAFTS MOVEMENT, THE FOUNDATION WITH HELP FROM OUR EXTENSIVE VOLUNTEER COMMUNITY SPONSOR EDUCATIONAL SEMINARS, EXHIBITS, TOURS, PUBLICATIONS AND SPECIAL EVENTS TO INCREASE AWARENESS AND APPRECIATION OF THE ARTS AND CRAFTS. TOWARDS APPRECIATION AND EDUCATION OF THE ARTS HISTORY OF PARK RIDGE, THE KALO FOUNDATION HAS PUT ON MULTIPLE SILVER EXHIBITIONS, AS WELL AS PREVIOUSLY HOSTING AN EXHIBIT OF WORKS OF ALFONSO IANNELLI AND BOTH ALBERT AND DULAH KREHBIEL. IN ADDITION TO THOSE EVENTS THE KALO FOUNDATION PUTS ON EVENTS AND GIVES PRESENTATIONS TO NOT ONLY THE GENERAL PUBLIC, BUT ALSO IN LOCAL SCHOOLS. FORM 990, PAGE 6, PART VI, LINE 11B AS TREASURER, DONALD MCEACHERN IS RESPONSIBLE FOR RECORDING THE ACCOUNTING TRANSACTIONS. HE ASSEMBLES AND PREPARES THE FINANCIAL INFORMATION THAT IS USED BY THE ACCOUNTING FIRM TO PREPARE FORM 990. UPON COMPLETION OF FORM 990, MCEACHERN THEN MEETS WITH THE BOARD TO REVIEW THE FILING FOR FINAL APPROVAL. ONCE APPROVED BY THE BOARD, FORM 990 IS THEN SUBMITTED FOR FILING. FORM 990, PAGE 6, PART VI, LINE 12C THE ORGANIZATION MAINTAINS ONGOING COMMUNICATION WITH THOSE SUBJECT TO THE CONFLICT OF INTEREST POLICY TO ENSURE PROPER DISCLOSURE OF ANY INTERESTS THAT COULD GIVE RISE TO CONFLICTS. FORM 990, PAGE 6, PART VI, LINE 18 ALL DOCUMENTS AND DISCLOSURES ARE AVAILABLE AT THE KALO OFFICE. FORM 990, PAGE 6, PART VI, LINE 19 ALL DOCUMENTS, DISCLOSURES, CONFLICTS OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE AVAILABLE AT THE KALO OFFICE. FORM 990, PART XI, LINE 9 BOOK / TAX DEPRECIATION DIFFERENCE 3