Jephson Educational Tr 2

Chicago, IL
Tax-exempt since Aug. 1980
EIN: 13-6777236

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Donations to this organization are tax deductible.

Revenue

$918k (2025)

Expenses

$654k (2025)

Total Assets

$8.45M (2025)

Total Liabilities

$0 (2025)

Years with missing data

Source: Form 990 tax filings from 2011 to 2025

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2025

Revenue

$917,543

Expenses

$654,206

Net Income

$263,337

Net Assets

$8,445,948

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$335,444	36.6%
Sales of Assets	$582,099	63.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$563,501	86.1%
Compensation of Officers*	$164,044	25.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,445,948
Total Liabilities	$0
Net Assets	$8,445,948

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank Na (Trustee)	$128,643	$0
John F Parkin (Co Trustee)	$20,452	$0
Robert D Taisey (Co Trustee)	$13,741	$0
Robert Scott Johnston (Co Trustee)	$1,208	$0

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990-PF

Filed on Feb. 5, 2026

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2024

Revenue

$304,892

Expenses

$625,625

Net Income

-$320,733

Net Assets

$8,181,323

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$318,157	> 100%
Sales of Assets	-$13,265
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$535,224	85.6%
Compensation of Officers*	$162,201	25.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,181,323
Total Liabilities	$0
Net Assets	$8,181,323

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank Na (Trustee)	$124,857	$0
Robert D Taisey Esq (Co Trustee)	$18,672	$0
John F Parkin (Co Trustee)	$18,672	$0

990-PF

Filed on Feb. 6, 2025

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

XML

Fiscal Year Ending Sept.
2023

Revenue

$551,905

Expenses

$657,816

Net Income

-$105,911

Net Assets

$8,502,044

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$247,553	44.9%
Sales of Assets	$304,352	55.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$574,405	87.3%
Compensation of Officers*	$148,298	22.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,502,044
Total Liabilities	$0
Net Assets	$8,502,044

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank N A (Trustee)	$118,726	$0
Robert D Taisey Esq (Co Trustee)	$14,786	$0
John F Parkin (Co Trustee)	$14,786	$0

990-PF

Filed on Feb. 5, 2024

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2022

Revenue

$477,107

Expenses

$665,199

Net Income

-$188,092

Net Assets

$8,608,149

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$255,670	53.6%
Sales of Assets	$221,437	46.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$575,511	86.5%
Compensation of Officers*	$158,644	23.8%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,608,149
Total Liabilities	$0
Net Assets	$8,608,149

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank N A (Trustee)	$128,666	$0
Robert B Taisey Esq (Co Trustee)	$14,989	$0
John F Parkin (Co Trustee)	$14,989	$0

990-PF

Filed on Feb. 6, 2023

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2021

Revenue

$419,264

Expenses

$631,757

Net Income

-$212,493

Net Assets

$8,796,240

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$204,130	48.7%
Sales of Assets	$215,134	51.3%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$557,587	88.3%
Compensation of Officers*	$154,627	24.5%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$8,796,240
Total Liabilities	$0
Net Assets	$8,796,240

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank N A (Trustee)	$130,163	$0
Robert B Taisey Esq (Co Trustee)	$12,232	$0
John F Parkin (Co Trustee)	$12,232	$0

990-PF

Filed on Feb. 7, 2022

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2020

Revenue

$351,002

Expenses

$622,987

Net Income

-$271,985

Net Assets

$9,008,732

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$252,271	71.9%
Sales of Assets	$98,731	28.1%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$535,613	86.0%
Compensation of Officers*	$150,557	24.2%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,008,733
Total Liabilities	$1
Net Assets	$9,008,732

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank N A (Trustee)	$120,189	$0
Robert B Taisey Esq (Co Trustee)	$15,184	$0
John F Parkin (Co Trustee)	$15,184	$0

990-PF

Filed on Jan. 7, 2021

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2019

Revenue

$629,806

Expenses

$626,303

Net Income

$3,503

Net Assets

$9,280,714

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$311,389	49.4%
Sales of Assets	$318,417	50.6%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$526,734	84.1%
Compensation of Officers*	$146,210	23.3%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,280,715
Total Liabilities	$1
Net Assets	$9,280,714

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank Na (Trustee)	$109,008	$0
Robert B Taisey Esq (Co Trustee)	$18,601	$0
John F Parkin (Co Trustee)	$18,601	$0

990-PF

Filed on Feb. 7, 2020

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2018

Revenue

$499,226

Expenses

$605,284

Net Income

-$106,058

Net Assets

$9,277,952

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$291,317	58.4%
Sales of Assets	$204,406	40.9%
Other Income	$3,503	0.7%

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$509,290	84.1%
Compensation of Officers*	$140,101	23.1%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,277,952
Total Liabilities	$0
Net Assets	$9,277,952

Compensation

Key Employees and Officers	Compensation	Other
Jp Morgan Chase Bank N A (Trustee)	$105,283	$0
Robert B Taisey Esq (Co Trustee)	$17,409	$0
John F Parkin (Co Trustee)	$17,409	$0

990-PF

Filed on Feb. 12, 2019

Primary tax return for a private foundation's activities, finances, and governance

View Filing

Schedules ▼

PDF XML

Fiscal Year Ending Sept.
2017

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2016

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

PDF (2 of 2)

Fiscal Year Ending Sept.
2015

Revenue

$588,828

Expenses

$659,616

Net Income

-$70,788

Net Assets

$9,717,354

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$246,209	41.8%
Sales of Assets	$342,619	58.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$543,916	82.5%
Compensation of Officers*	$134,665	20.4%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,717,354
Total Liabilities	$0
Net Assets	$9,717,354

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2014

Revenue

$675,665

Expenses

$605,977

Net Income

$69,688

Net Assets

$9,789,908

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$276,830	41.0%
Sales of Assets	$398,835	59.0%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$507,001	83.7%
Compensation of Officers*	$138,863	22.9%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,789,908
Total Liabilities	$0
Net Assets	$9,789,908

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2013

Revenue

$479,282

Expenses

$590,344

Net Income

-$111,062

Net Assets

$9,724,603

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$256,791	53.6%
Sales of Assets	$222,491	46.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$535,797	90.8%
Compensation of Officers*	$134,254	22.7%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,724,603
Total Liabilities	$0
Net Assets	$9,724,603

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2012

Revenue

$711,341

Expenses

$619,786

Net Income

$91,555

Net Assets

$9,834,665

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$281,897	39.6%
Sales of Assets	$429,444	60.4%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$559,840	90.3%
Compensation of Officers*	$134,122	21.6%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,834,665
Total Liabilities	$0
Net Assets	$9,834,665

990-PF

Primary tax return for a private foundation's activities, finances, and governance

PDF

Fiscal Year Ending Sept.
2011

Revenue

$442,643

Expenses

$535,708

Net Income

-$93,065

Net Assets

$9,742,993

Notable Sources of Revenue		Percent of Total Revenue
Contributions Received	$0
Interest Revenue	$0
Dividends	$282,192	63.8%
Sales of Assets	$160,451	36.2%
Other Income	$0

Notable Expenses		Percent of Total Expenses
Charitable Disbursements	$484,843	90.5%
Compensation of Officers*	$134,094	25.0%
* Officer compensation may be included in charitable disbursements, so Percent of Total Expenses may add up to greater than 100%.

Assets/Debt
Total Assets	$9,742,993
Total Liabilities	$0
Net Assets	$9,742,993

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Updated March 23, 2026

Jephson Educational Tr 2

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $918k (2025)

Expenses $654k (2025)

Total Assets $8.45M (2025)

Total Liabilities $0 (2025)

Tax Filings by Year

Fiscal Year Ending Sept. 2025

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2024

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2023

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2022

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2021

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2020

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2019

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2018

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Compensation

Document Links

990-PF

Fiscal Year Ending Sept. 2017

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2016

No Extracted Financial Data

Document Links

990-PF

Fiscal Year Ending Sept. 2015

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2014

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Fiscal Year Ending Sept. 2013

Extracted Financial Data

Extracted Financial Data from Form 990-PF

Document Links

990-PF

Revenue

$918k (2025)

Expenses

$654k (2025)

Total Assets

$8.45M (2025)

Total Liabilities

$0 (2025)

Fiscal Year Ending Sept.
2025

Fiscal Year Ending Sept.
2024

Fiscal Year Ending Sept.
2023

Fiscal Year Ending Sept.
2022

Fiscal Year Ending Sept.
2021

Fiscal Year Ending Sept.
2020

Fiscal Year Ending Sept.
2019

Fiscal Year Ending Sept.
2018

Fiscal Year Ending Sept.
2017

Fiscal Year Ending Sept.
2016

Fiscal Year Ending Sept.
2015

Fiscal Year Ending Sept.
2014

Fiscal Year Ending Sept.
2013

Fiscal Year Ending Sept.
2012

Fiscal Year Ending Sept.
2011

Fiscal Year Ending Sept.
2010

Fiscal Year Ending Sept.
2009

Fiscal Year Ending Sept.
2008

Fiscal Year Ending Sept.
2007

Fiscal Year Ending Sept.
2006

Fiscal Year Ending Sept.
2005

Fiscal Year Ending Sept.
2004

Fiscal Year Ending Sept.
2003

Fiscal Year Ending Sept.
2002