Nonprofit · EIN 87-3202211
CHERN FAMILY FOUNDATION
Tax-exempt · NORTHBROOK, IL 60062
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2025 | 990-PF | $1,053,162 | $1,113,928 | -$60,766 | $843,796 | $0 | $843,796 |
| December 31, 2024 | 990-PF | $15,594 | $1,149,545 | -$1,133,951 | $804,855 | $0 | $804,855 |
| December 31, 2023 | 990-PF | $535,105 | $347,095 | $188,010 | $1,135,192 | $0 | $1,135,192 |
Financial details: 990-PF for the year ended December 31, 2025
Revenue
- Contributions, gifts and grants
- $1,040,728
- Dividends
- $12,079
- Interest
- $142
- Net gain from sales of assets
- $209
- Other income
- $4
Expenses
- Grants and similar amounts paid
- $1,110,337
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $1,112,132
- Excise tax on investment income
- $148
Balance sheet and other
- Total assets, start of year
- $804,855
- Total assets, end of year
- $843,796
- Total liabilities, end of year
- $0
- Net assets, end of year
- $843,796
- Fair market value of assets
- $843,796
- Qualifying distributions
- $1,112,132
- Net investment income
- $12,434
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, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC CHERN 3824 SUNSET LANE, NORTHBROOK, IL 60062 | PRESIDENT | 2 | $0 |
| LAURA CHERN 3824 SUNSET LANE, NORTHBROOK, IL 60062 | SECRETARY/TREASURER | 0.5 | $0 |
| ALLEN SHULMAN 3100 CONCORD COURT, NORTHBROOK, IL 60062 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2024: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC CHERN 3824 SUNSET LANE, NORTHBROOK, IL 60062 | PRESIDENT | 2 | $0 |
| LAURA CHERN 3824 SUNSET LANE, NORTHBROOK, IL 60062 | SECRETARY/TREASURER | 0 | $0 |
| ALLEN SHULMAN 3100 CONCORD COURT, NORTHBROOK, IL 60062 | DIRECTOR | 0 | $0 |
990-PF for the year ended December 31, 2023: 3 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| ERIC CHERN 3824 SUNSET LANE, NORTHBROOK, IL 60062 | PRESIDENT | 2 | $0 |
| LAURA CHERN 3824 SUNSET LANE, NORTHBROOK, IL 60062 | SECRETARY/TREASURER | 0 | $0 |
| ALLEN SHULMAN 3100 CONCORD COURT, NORTHBROOK, IL 60062 | DIRECTOR | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 3824 SUNSET LN, NORTHBROOK, IL 60062-1805
- Signed the 990-PF
- ERIC CHERN, PRESIDENT
- Phone
- (847) 819-4315
- Return prepared by
- RYAN & JURASKA 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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | 990-PF on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990-PF on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990-PF on file |
IRS record
- EIN
- 87-3202211
- 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
- 2022
- Accounting year ends
- December
- Files
- Form 990-PF
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T20)
- Assets (IRS master file)
- $843,796
- Income (IRS master file)
- $1,053,372
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | December 2025 | $1,053,162 | $1,113,928 | $843,796 | IRS |
| 990-PF | December 2024 | $15,594 | $1,149,545 | $804,855 | IRS |
| 990-PF | December 2023 | $535,105 | $347,095 | $1,135,192 | XML |
| 990-PF | December 2022 | – | – | – | IRS |
| 990-PF | December 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 87-3202211).
Questions about CHERN FAMILY FOUNDATION
- What is the EIN of CHERN FAMILY FOUNDATION?
- The employer identification number (EIN) of CHERN FAMILY FOUNDATION is 87-3202211.
- Is CHERN FAMILY FOUNDATION tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2022.
- Are donations to CHERN FAMILY FOUNDATION tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does CHERN FAMILY FOUNDATION file?
- Form 990-PF. Private foundations file every year.
- When is the next return of CHERN FAMILY FOUNDATION due?
- The return for tax year 2026 (the year ending December 31, 2026) is due May 17, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did CHERN FAMILY FOUNDATION last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended December 2025.
- Who are the officers and directors of CHERN FAMILY FOUNDATION?
- The 990-PF for the year ended December 31, 2025 lists 3 people; 0 received compensation from the organization.
- How much revenue does CHERN FAMILY FOUNDATION have?
- On its 990-PF for the year ended December 31, 2025 it reported revenue of $1,053,162, expenses of $1,113,928 and total assets of $843,796 at year end.
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All nonprofits in NORTHBROOK · Illinois · Philanthropy, voluntarism and grantmaking foundations