Skip to the page content
Passes our checks

Mickey Hammerman Legacy Fund Inc

EIN 92-1290895 · Chicago, IL

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

LegitimacyPassesRegistration and standingFinancial healthNot ratedToo small or too little detailGovernanceFair60 out of 100Impact evidenceDescribes programsHow well its results are evidenced

What it says it does

ACTIVITIES INCLUDE THE ORGANIZING AND PRESENTATION OF LECTURES ON EDUCATION BY ACKNOWLEDGED EXPERTS IN THE FIELD AND SUPPORT FOR THE ACTIVITIES OF THE HARVARD CLUB OF CHICAGO AND HARVARD UNIVERSITY, BOTH TAX EXEMPT ORGANIZATIONS.

Income
$45,592
Spending
$13,452
Spent on programs
94%
Reserves
Over 10 years of spending
Largest source of income
donations and private grants, 64%
Employees
0
Volunteers
0

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

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 December 31, 2025, filed with the Internal Revenue Service. Rating method 2026.2. How we rate

Governance

Fair: 60 out of 100. Higher than 46% of charities in its peer group (education, under $250k).

  • Independent board

    18 of 25

    3 of 3 voting board members are independent.

  • Conflict of interest policy

    15 of 15

    Has a 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

    0 of 10

    Did not give the board a copy of this return before filing it.

  • 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. $12,587 spent. THE FUND HONORS MICKEY HAMMERMAN'S DEVOTION TO EDUCATION AND HIS LIFELONG GOAL OF ENSURING THAT APPLICANTS FROM ILLINOIS AND NORTHERN INDIANA (THE CHICAGO REGION) RECEIVE PERSONAL COLLEGE INTERVIEWS. TO THAT END, THE HAMMERMAN FUND HOSTS ANNUAL EVENTS DEVOTED TO EDUCATION. EACH OF THESE EVENTS FOCUS ON TWO THINGS.FIRST, THE EVENTS INCLUDE SPEAKERS ON IMPORTANT ISSUES IN EDUCATION, WITH A FOCUS ON EARLY CHILDHOOD EDUCATION WHEN POSSIBLE. IN 2023, MORE THAN 80 ATTENDEES HEARD HOWARD GARDNER'S TALK. (HOWARD EARL GARDNER IS AN AMERICAN DEVELOPMENTAL PSYCHOLOGIST AND THE JOHN H. AND ELISABETH A. HOBBS RESEARCH PROFESSOR OF COGNITION AND EDUCATION AT HARVARD UNIVERSITY.)SECOND, THE EVENTS HONOR AND INSPIRE HARVARD ALUMNI TO VOLUNTEER AS INTERVIEWERS FOR HIGH SCHOOL APPLICANTS TO HARVARD COLLEGE, MAKING IT POSSIBLE FOR APPLICANTS OF ALL BACKGROUNDS TO HAVE PERSONAL INTERVIEWS. THIS PAST YEAR, INSPIRED IN PART BY THE FUND'S EVENT, MORE THAN 490 INTERVIEWERS INTERVIEWED MORE THAN 1,000 STUDENTS WHO APPLIED TO HARVARD COLLEGE.IT IS EXPECTED THAT THE FUND WILL CONTINUE TO PROVIDE BENEFITS BY EDUCATING LECTURE ATTENDEES AND INSPIRING INTERVIEWER VOLUNTEERS.

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 September 7, 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 September 30, 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 September 10, 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 September 7, 2026.

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

    Recognized by the IRS since March 2023.

    Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated September 7, 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 7, 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.