Chicago Teachers Union Foundation Inc

Organization Overview

Chicago Teachers Union Foundation Inc is located in Chicago, IL. The organization was established in 1970. According to its NTEE Classification (B99) the organization is classified as: Education N.E.C., under the broad grouping of Education and related organizations. As of 06/2021, Chicago Teachers Union Foundation Inc employed 19 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Teachers Union Foundation Inc is a 501(c)(4) and as such, is described as a "Civic League, Social Welfare Organization, and Local Association of Employees" by the IRS.

For the year ending 06/2021, Chicago Teachers Union Foundation Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 48.7% each year . All expenses for the organization totaled $4.9m during the year ending 06/2021. While expenses have increased by 10.6% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Chicago Teachers Union Foundation Inc has awarded 271 individual grants totaling $8,789,792. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S CIVIC & CHARITABLE PURPOSES INCLUDE THE FOLLOWING; SUPPORT OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED CHICAGO PUBLIC SCHOOL TEACHERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE CHICAGO TEACHERS UNION FOUNDATION, INC. ("FOUNDATION") WAS ORGANIZED FOR EDUCATIONAL AND SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501 (C)(4) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S CIVIC AND CHARITABLE PURPOSES INCLUDE THE FOLLOWING: SUPPORT OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED CHICAGO PUBLIC SCHOOL TEACHERS.


Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Midway Building Services Lrd
Custodial
$437,227
Executive Construction
Construction
$895,685
Gloria Hennelan Jones
Mentor
$117,257
Titan Security Services Inc
Security Services
$109,550
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$0
Total Program Service Revenue$750,000
Investment income $370,288
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $2,356,230
Net Gain/Loss on Asset Sales $355,480
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,853,581

Grants Awarded

Over the last fiscal year, Chicago Teachers Union Foundation Inc has awarded $172,000 in support to 16 organizations.

Grant RecipientAmount

BRIGHTON PARK NEIGHBORHOOD COUNCIL

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATIONAL CONTRIBUTION

$15,000

LOGAN SQUARE NEIGHBORHOOD ASSN

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATIONAL CONTRIBUTION

$15,000

THE GRASSROOTS COLLABORATIVE

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATIONAL CONTRIBUTION

$15,000

CHICAGO COALITION FOR THE HOMELESS

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATIONAL CONTRIBUTION

$10,000

Chicago, IL

PURPOSE: EDUCATIONAL CONTRIBUTION

$10,000

CHICAGO HOUSING INITIATIVE

PURPOSE: EDUCATIONAL CONTRIBUTION

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Chicago Teachers Union Foundation Inc has recieved totaling $90,000.

Awarding OrganizationAmount
Joint-County Opportunity Benefit Support Fund

Chicago, IL

PURPOSE: SUPPORT AN INITIATIVE TO PROVIDE SUPPORT FOR JOB TRAINING, EDUCATIONAL PROGRAMMING, CHILDCARE OR OTHER COMMUNITY BENEFITS PROGRAMS DESIGNED TO SUPPORT THE HEALTH AND WELFARE OF LOW-INCOME PERSONS IN LOW-INCOME COMMUNITIES.

$50,000
American Federation Of Teachers Educational Foundation

Washington, DC

PURPOSE: INNOVATION FUND SUPPORT

$40,000
View Grant Recipient Profile

Create an account to unlock the data you need.

or