Nonprofit · EIN 36-6078558
SPENCER FOUNDATION
Tax-exempt · CHICAGO, IL 60611
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| March 31, 2025 | 990-PF | $235,611,615 | $36,116,759 | $199,494,856 | $664,818,562 | $39,686,652 | $625,131,910 |
| March 31, 2024 | 990-PF | $81,530,805 | $44,974,960 | $36,555,845 | $667,415,167 | $43,008,587 | $624,406,580 |
Financial details: 990-PF for the year ended March 31, 2025
Revenue
- Dividends
- $15,876,418
- Interest
- $137,347
- Net gain from sales of assets
- $219,597,850
Expenses
- Grants and similar amounts paid
- $22,832,054
- Compensation of officers, directors and key employees
- $1,915,059
- Salaries, compensation and benefits (total)
- $2,771,708
- Disbursements for charitable purposes
- $36,588,579
- Excise tax on investment income
- $3,263,258
Balance sheet and other
- Total assets, start of year
- $667,418,354
- Total assets, end of year
- $664,818,562
- Total liabilities, end of year
- $39,686,652
- Net assets, end of year
- $625,131,910
- Fair market value of assets
- $664,818,562
- Qualifying distributions
- $36,692,079
- Net investment income
- $235,611,615
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended March 31, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| DR NA'ILAH SUAD NASIR 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | PRESIDENT | 40 | $725,030 | $86,152 |
| ELIZABETH CARRICK 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | VICE PRESIDENT, ADMIN & CHIEF OF STAFF | 40 | $352,691 | $101,561 |
| ANDREASON BROWN 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | CHIEF FINANCIAL OFFICER & TREASURER | 40 | $327,453 | $68,898 |
| LAURA GLICK 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | CHIEF INVESTMENT OFF Highest-paid employee | 40 | $293,276 | $93,322 |
| JUAN JAIMES 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR OF INFORMAT Highest-paid employee | 40 | $223,605 | $66,666 |
| LEAH BRICKER 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR OR PROGRAMS Highest-paid employee | 40 | $179,111 | $45,680 |
| RHODA FREELON 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | SR. PROGRAM OFFICER Highest-paid employee | 40 | $162,670 | $58,350 |
| KELLYN GAWEL 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | ASSOCIATE DIRECTOR, Highest-paid employee | 40 | $156,905 | $71,248 |
| DORIS FISCHER 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | COMMUNICATIONS MANAGER & BOARD SECRETA | 40 | $119,787 | $50,987 |
| PRUDENCE CARTER 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $10,000 | $0 |
| CARL COHN 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR (OUTGOING FY25) | 1 | $10,000 | $0 |
| NONIE LESAUX 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $10,000 | $0 |
| JANE PATTERSON 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $10,000 | $0 |
| CECILIA RIOS-AGUILAR 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $10,000 | $0 |
| MIKE WILLIAMS 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $10,000 | $0 |
4 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| TYRONE HOWARD 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR (INCOMING FY25) | 1 | $7,500 |
| EDUARDO PADRON 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $7,500 |
| ROB REICH 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR | 1 | $7,500 |
| KIRABO JACKSON 625 N MICHIGAN AVE SUITE 1600, CHICAGO, IL 60611 | DIRECTOR (INCOMING FY25) | 1 | $0 |
990-PF for the year ended March 31, 2024: 18 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| Dr Na'ilah Suad Nasir 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | President & Director | 40 | $707,444 | $82,883 |
| Kara Finnegan 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Vice President Highest-paid employee | 40 | $382,180 | $97,183 |
| Elizabeth Carrick 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Chief of Staff & VP of Admin. | 40 | $339,130 | $96,192 |
| Andreason Brown 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | CFO & Treasurer | 40 | $304,380 | $64,545 |
| Laura Glick 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Chief Investment Off Highest-paid employee | 25 | $248,291 | $41,156 |
| Leah Bricker 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director of Programs Highest-paid employee | 40 | $174,139 | $44,124 |
| Kathryn Gray 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director of Personne Highest-paid employee | 40 | $144,405 | $39,175 |
| Doris Fischer 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Board Secy & Rec Mgr (as of 10/22) | 40 | $113,027 | $48,529 |
| Jenny Zhang 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Program Officer Highest-paid employee | 40 | $104,835 | $60,382 |
| Nonie Lesaux 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $10,000 | $0 |
| Jane Patterson 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $10,000 | $0 |
| Rob Reich 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $10,000 | $0 |
| Cecilia Rios-Aguilar 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $10,000 | $0 |
| Mike Williams 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $10,000 | $0 |
| Eduardo Padron 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $7,500 | $0 |
| Carl Cohn 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $5,000 | $0 |
| Kirabo Jackson 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $5,000 | $0 |
| Prudence Carter 625 N Michigan Avenue Suite 1600, Chicago, IL 60611 | Director | 1 | $3,333 | $0 |
Address and contacts
- Address (IRS master file)
- 625 N MICHIGAN AVE STE 1600, CHICAGO, IL 60611-3109
- Signed the 990-PF
- ANDREASON BROWN, CFO & TREASURER
- Phone
- (312) 337-7000
- Website
- SPENCER.ORG
- Return prepared by
- JOHNSON LAMBERT LLP
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in March, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | March 31, 2026 | August 17, 2026 | Not on file |
| 2024 | March 31, 2025 | August 15, 2025 | 990-PF on file |
| 2023 | March 31, 2024 | August 15, 2024 | 990-PF on file |
IRS record
- EIN
- 36-6078558
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 1993
- Accounting year ends
- March
- Files
- Form 990-PF
- Category (NTEE)
- Education (B99Z)
- Assets (IRS master file)
- $664,818,562
- Income (IRS master file)
- $704,803,064
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | March 2025 | $235,611,615 | $36,116,759 | $664,818,562 | XML |
| 990-PF | March 2024 | $81,530,805 | $44,974,960 | $667,415,167 | XML |
| 990-PF | March 2023 | – | – | – | IRS |
| 990-PF | March 2022 | – | – | – | IRS |
| 990-PF | March 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 36-6078558).
Questions about SPENCER FOUNDATION
- What is the EIN of SPENCER FOUNDATION?
- The employer identification number (EIN) of SPENCER FOUNDATION is 36-6078558.
- Is SPENCER FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1993.
- Are donations to SPENCER FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does SPENCER FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of SPENCER FOUNDATION due?
- The return for tax year 2025 (the year ending March 31, 2026) is due August 17, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SPENCER FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended March 2025.
- Who are the officers and directors of SPENCER FOUNDATION?
- The 990-PF for the year ended March 31, 2025 lists 19 people; 18 received compensation from the organization, the highest $725,030 (DR NA'ILAH SUAD NASIR, PRESIDENT).
- How much revenue does SPENCER FOUNDATION have?
- On its 990-PF for the year ended March 31, 2025 it reported revenue of $235,611,615, expenses of $36,116,759 and total assets of $664,818,562 at year end.
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