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Chicago Community Bond Fund

Two weeks after Michael Brown was killed by police in Ferguson, Missouri, Chicago police shot and killed DeSean Pittman, a Black 17-year-old. A few days after DeSean’s death, his family gathered for a vigil to uplift his memory. Chicago Police came and disrupted the vigil by shouting racial slurs, threatening attendees, and knocking over candles that had been lit for DeSean. The vigil ended with the arrest of five of DeSean’s friends and family members, five of whom were incarcerated in Cook County Jail because they could not afford to pay a money bond.

Future founding members of the Chicago Community Bond Fund worked with DeSean’s family to raise nearly $30,000 to free everyone arrested at the vigil. It took four months to raise the money needed to free the last person, a cousin of DeSean’s, from Cook County Jail. After he was released, his mother pointed out how no one should have to experience what they just went through: fundraising for months to get their child out of a cage. She and others impacted by the arrests at the vigil began working with activists from across the city to launch the Chicago Community Bond Fund, which made its public debut in November 2015.

Organization

EIN 47-5015710
CategoryI
Services to Prisoners/Families
Address
601 S CALIFORNIA AVE
CHICAGO, IL 60612
United States of AmericaGoogle Maps
Total Revenue 
$897.69k
Total Expenses 
$1.71m
Net Income 
-$811.50k
Total Assets 
$8.22m
Total Liabilities 
$158.99k
Net Assets 
$8.06m
Program Expense 
86.64%
Administrative Expense 
8.2%
Fundraising Expense 
5.16%
Working Capital 
4.71 yrs

Data from 2022 via Guidestar

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