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Passes our checks

Ferguson Charitable Foundation

EIN 88-3352237 · Chicago, IL

Public records show a registered, tax-exempt organization in good standing.

LegitimacyPassesRegistration and standingFinancial healthGood85 out of 100GovernanceFair58 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

FERGUSON CHARITABLE FOUNDATION (THE "FOUNDATION") IS ORGANIZED AND SHALL BE OPERATED FOR EXCLUSIVELY CHARITABLE, EDUCATIONAL, SCIENTIFIC, AND LITERARY PURPOSES, EACH WITHIN THE MEANING OF CODE SECTION 501(C)(3). THE FOUNDATION'S INITIAL ACTIVITIES SHALL INCLUDE, BUT SHALL NOT BE LIMITED TO, (A) SUPPORTING THE CREATION AND OPERATION OF AN EDUCATIONAL PROGRAM AND CURRICULUM IN CERTAIN COLLEGES AND UNIVERSITY ("PARTICIPATING COLLEGES") TO ENCOURAGE DIVERSE STUDENTS TO PURSUE MEANINGFUL CAREERS IN THE REAL ESTATE INDUSTRY; (B) PROVIDING SCHOLARSHIPS TO DIVERSE STUDENTS AT PARTICIPATING COLLEGES ENROLLED IN A REAL ESTATE CENTER FOR LEADERSHIP EXCELLENCE TO SUPPORT THE RETENTION OF STUDENTS PARTICIPATING IN THE PROGRAM; AND EQUIPPING DIVERSE STUDENTS TO ENTER THE REAL ESTATE INDUSTRY THROUGH INSTRUCTION, MENTORSHIP, AND ON-THE-JOB TRAINING.

Income
$2.1 million
Spending
$1.4 million
Spent on programs
91%
Reserves
32.9 months of spending
Largest source of income
donations and private grants, 94%
Employees
0
Volunteers
5
Highest pay
$176,850, chief operating officer

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Financial health

Good: 85 out of 100. Higher than 71% of charities in its peer group (education, $1m to $10m).

  • Reserves

    35 of 35

    Spendable reserves would cover 32.9 months of spending.

  • Debt

    20 of 20

    It owes 0% of what it owns.

  • Living within its means

    15 of 15

    Income exceeded spending by 35% of income.

  • Income trend

    0 of 15

    Income fell 36% on the year before.

  • Spending floor

    15 of 15

    91% of spending went to programs and raising each dollar of donations cost 1 cents.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 58 out of 100. Higher than 15% of charities in its peer group (education, $1m to $10m).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    0 of 15

    Reports no written conflict of interest policy.

  • Whistleblower policy

    0 of 8

    Reports no written whistleblower policy.

  • Record keeping policy

    0 of 7

    Reports no written policy on keeping and destroying records.

  • Board minutes

    5 of 5

    Keeps minutes of board meetings.

  • Board sees the tax return

    10 of 10

    Gave the board a copy of this return before filing it.

  • Pay set independently

    0 of 5

    Reports no independent review process for its chief executive's pay.

  • Independent check of accounts

    15 of 15

    Its accounts were audited by an independent accountant.

  • No reported misuse

    10 of 10

    Reports no diversion of assets, excess benefits or loans to insiders.

Source: Form 990 for the year ending December 31, 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)
  1. $1.3 million spent. SUPPORTS THE CREATION AND OPERATION OF HIGHER LEVEL INSTITUTIONS TO ENCOURAGE THOSE PURUSING CAREERS IN THE REAL ESTATE INDUSTRY AS WELL AS PROVIDING SCHOLARSHIPS TO STUDENTS.

Source: Form 990 for the year ending December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Legitimacy checks

  1. 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.

  2. 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.

  3. 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.

  4. Is it keeping up with its IRS filings? Passed.

    Most recent return on file covers the year ending December 2025.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  5. How long has it been tax-exempt? Passed.

    Recognized by the IRS since May 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.

  6. 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.