Richard Schoenstadt Memorial Foundation Inc

Nonprofit profile at a glance

EIN
463513229
IRS 990-EZ coverage
2015–2025
Forms available
Form 990-EZ 2025, Form 990-N 2024
Location
Highland Park, IL, USA
Phone
2126972299
Rating confidence
Limited
Sector
Public Foundations

Official website

Reported finances

Revenue
$12,418
Expenses
$2,884
Assets
$54,636
Liabilities
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

3 people listed

Executive titles in this filing

  • ROSS PUTTERMAN (PRESIDENT, DIRECTOR, CEO,)

People named in this filing

  • ROSS PUTTERMAN (PRESIDENT, DIRECTOR, CEO,)
  • MATTHEW GROSSBERG (VICE-CHAIRMAN, SECRETARY,)
  • CARYN PUTTERMAN (CFO)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The richard schoenstadt memorial foundation, inc. Was formed to honor the memory and spirit of richard schoenstadt, a prominent chicago attorney who passed away in 2012. The foundation raises funds from a variety of sources, including individuals, businesses, and private foundations. The foundation solicits contributions directly and also conducts fund raising events. The foundation uses those funds to make grants to public charities described in sections 501(c)(3) and 509(a)(1) or (a)(2) of the internal revenue code. All such grants serve exclusively charitable purposes. Grant recipients are selected based on size and purpose of the grants, the impact of the programs or activities they support, the communities served, and public benefits derived.

What it reported doing in 2025

Richard schoenstadt memorial foundation, inc. Raised $12,418 of funds in 2025 in anticipation for donation to a selected donee in 2026.

Operating model

Revenue model
Donor-supported. 100% of the money available for current operations came from contributions and gifts.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 88
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 76.8%; rating input score 96; 96th percentile among comparable filings
  • Total-asset coverage ratio: 18.94; rating input score 96; 96th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 4.3% per year; rating input score 100; 59th percentile among comparable filings
  • Revenue growth: 3.3% per year; rating input score 100; 63rd percentile among comparable filings
  • Asset growth: 18.3% per year; rating input score 100; 82nd percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 11 filing years from 2015 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: Filed and resolved organization relationships.
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Sustainability: Officer compensation ratio scored 56/100.