Jeffrey E Horvitz Tr for French Art
Public records show a registered, tax-exempt organization in good standing.
What it says it does
THE TRUST IS ORGANIZED AND OPERATED EXCLUSIVELY TO SUPPORT THE ART INSTITUTE OF CHICAGO IN ITS ACTIVE INTEREST AND INVESTMENT IN DISPLAYING COLLECTIONS OF EARLY FRENCH ART, PARTICULARLY DRAWINGS, PAINTINGS, PRINTS, AND SCULPTURE.
- Income
- $300,000
- Spending
- $600
- Reserves
- Over 10 years of spending
- Largest source of income
- donations and private grants, 100%
- Employees
- 0
- Volunteers
- 1
- Highest pay
- $1.2 million, trustee
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
We do not score finances when yearly spending is very small or the return has too little detail. The ratios stop meaning much at that size.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Good: 70 out of 100. Higher than 46% of charities in its peer group (arts and culture, $250k to $1m).
Independent board
5 of 251 of 4 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
0 of 5Reports that it does not keep minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
0 of 5Reports no independent review process for its chief executive's pay.
Independent check of accounts
15 of 15Its accounts were audited by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- THE ESTABLISHMENT OF THE TRUST ALLOWS THE ART INSTITUTE TO ESTABLISH AND MAINTAIN A DEDICATED PROGRAM OF RESEARCH, VISITING SCHOLARS, EXHIBITIONS, AND PUBLICATIONS RELATING TO FRENCH ART AND ARTISTS FROM THE LATE SIXTEENTH CENTURY TO THE MIDDLE OF THE NINETEENTH CENTURY. THE TRUST WILL ALSO PROVIDE FINANCIAL RESOURCES TO THE ART INSTITUTE TO PRODUCE PUBLICATIONS, SYMPOSIA, COLLOQUIA, VISITING SCHOLARS AND STUDENTS, CONSERVATION, AND SCIENTIFIC STUDY RELATED TO THE TRUST'S COLLECTION AND THE ART INSTITUTE'S COLLECTION OF SIMILAR WORKS. THE ACTIVITIES OF THE TRUST ALLOW THE ART INSTITUTE TO FURTHER ITS MISSION OF PROVIDING APPRECIATION AND EDUCATION IN VISUAL FINE ARTS AND DESIGN.
Source: Form 990 for the year ending June 30, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Passed.
Not on the IRS automatic revocation list.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending June 2025.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Worth knowing.
Recognized by the IRS in November 2025. It is too new to have a track record.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.