Skip to main content

Nonprofit · EIN 46-1463656

1111 FOUNDATION

Tax-exempt · HIGHLAND PARK, IL 60035

Financials

$22M$49.5M2023$29.2M$31.2M2024
Revenue Expenses · by fiscal year end
Financials of 1111 FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990-PF$29,173,809$31,206,257-$2,032,448$539,798,770$17,572$539,781,198
December 31, 2023990-PF$21,977,319$49,487,069-$27,509,750$541,826,488$12,840$541,813,648
Financial details: 990-PF for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$0
Dividends
$17,943,904
Interest
$1,078,583
Net gain from sales of assets
$9,651,607
Other income
$499,715

Expenses

Grants and similar amounts paid
$27,647,357
Compensation of officers, directors and key employees
$325,000
Salaries, compensation and benefits (total)
$122,068
Disbursements for charitable purposes
$30,457,297
Excise tax on investment income
$366,560

Balance sheet and other

Total assets, start of year
$541,826,488
Total assets, end of year
$539,798,770
Total liabilities, end of year
$17,572
Net assets, end of year
$539,781,198
Fair market value of assets
$609,708,052
Qualifying distributions
$30,457,297
Net investment income
$28,806,174

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 December 31, 2024, highest compensation first.

NameTitleHours / weekCompensation
MEGAN SCARSELLA
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
EXECUTIVE DIRECTOR0$325,000
JULIANA N CLEJAN
833 CENTRAL AVENUE PO BOX 6, HIGHLAND PARK, IL 60035
PROGRAM MANAGER
Highest-paid employee
40$112,525
JAMES D ABRAMS
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
CO-PRESIDENT0$0
WENDY D ABRAMS
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
CO-PRESIDENT0$0
TERRY L ROBBINS
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
DIRECTOR0$0
990-PF for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
MEGAN SCARSELLA
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
EXECUTIVE DIRECTOR40$375,000
LINDSAY R LAMARCA
833 CENTRAL AVE PO BOX 640, HIHGLAND PARK, IL 60035
PROGRAM MANAGER
Highest-paid employee
40$80,000
JAMES D ABRAMS
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
CO-PRESIDENT0$0
WENDY D ABRAMS
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
CO-PRESIDENT0$0
TERRY L ROBBINS
833 CENTRAL AVENUE PO BOX 640, HIGHLAND PARK, IL 60035
DIRECTOR0$0

Address and contacts

Address (IRS master file)
833 CENTRAL AVE, HIGHLAND PARK, IL 60035-6268
In care of
% WHISTLE CREEK MGMT
Signed the 990-PF
JAMES ABRAMS, CO-PRESIDENT
Phone
(847) 529-3876
Return prepared by
Robbins & Associates LLC

What it must file and when

IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990-PF on file
2023December 31, 2023May 15, 2024990-PF on file

IRS record

EIN
46-1463656
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
2013
Accounting year ends
December
Files
Form 990-PF
Assets (IRS master file)
$539,798,770
Income (IRS master file)
$95,315,195

Filing history

FormYear endedRevenueExpensesAssetsReturn
990-PFDecember 2024$29,173,809$31,206,257$539,798,770XML
990-TDecember 2024–––IRS
990-PFDecember 2023$21,977,319$49,487,069$541,826,488XML
990-TDecember 2023–––IRS
990-PFDecember 2022$9,299,988$7,901,734$569,326,745IRS
990-PFDecember 2021–––IRS
990-PFDecember 2020–––IRS
990-PFDecember 2018–––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 46-1463656).

Questions about 1111 FOUNDATION

What is the EIN of 1111 FOUNDATION?
The employer identification number (EIN) of 1111 FOUNDATION is 46-1463656.
Is 1111 FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2013.
Are donations to 1111 FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
Which annual return does 1111 FOUNDATION file?
Form 990-PF. Private foundations file every year.
When is the next return of 1111 FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did 1111 FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990-PF for the year ended December 2024.
Who are the officers and directors of 1111 FOUNDATION?
The 990-PF for the year ended December 31, 2024 lists 5 people; 2 received compensation from the organization, the highest $325,000 (MEGAN SCARSELLA, EXECUTIVE DIRECTOR).
How much revenue does 1111 FOUNDATION have?
On its 990-PF for the year ended December 31, 2024 it reported revenue of $29,173,809, expenses of $31,206,257 and total assets of $539,798,770 at year end.

Other nonprofits in HIGHLAND PARK

All nonprofits in HIGHLAND PARK · Illinois · Philanthropy, voluntarism and grantmaking foundations