Aurora Catholic Education Foundation
- Assets
- $678.0k
- Revenue
- -$37.3k
- Investments
- $0.0
- Employees
- 0
- Location
- Aurora, IL
- Founding
- 10/1973
- Data as of
- 05/2022
- EIN
- 23-7288039
Organization Overview
Aurora Catholic Education Foundation is located in Aurora, IL. The organization was established in 1973. According to its NTEE Classification (X22) the organization is classified as: Roman Catholic, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Aurora Catholic Education Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Since 2019, Aurora Catholic Education Foundation has awarded 23 individual grants totaling $417,063. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO FURNISH FINANCIAL SUPPORT FOR CATHOLIC EDUCATION PROVIDED BY PARISHES, HIGH SCHOOLS, GRADE SCHOOLS AND OTHER PROGRAMS IN THE GREATER AURORA, ILLINOIS AREA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED FINANCIAL SUPPORT TO CATHOLIC EDUCATION PROVIDED BY AURORA AREA PARISH RELIGIOUS EDUCATION PROGRAMS, CATHOLIC GRADE SCHOOLS, CATHOLIC HIGH SCHOOLS AND OTHER PROGRAMS BENEFITING CATHOLIC EDUCATION RECOMMENDED AND APPROVED BY THE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Verdeyen Director | OfficerTrustee | 2 | $0 |
Alan Schuler Treasurer | OfficerTrustee | 2 | $0 |
Betty Chandler Secretary | OfficerTrustee | 1 | $0 |
Peter Hettinger Vice President | OfficerTrustee | 1 | $0 |
FR Timothy R Piasecki Director | Trustee | 1 | $0 |
John Bonk President | Trustee | 2 | $0 |
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 | $41,472 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $41,472 |
| Total Program Service Revenue | $0 |
| Investment income | $146,110 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$224,929 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$37,347 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $131,081 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $3,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $10 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $135,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $59,137 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $618,825 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $677,962 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $88,889 |
| Net assets with donor restrictions | $589,073 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $677,962 |
Grants Awarded
Over the last fiscal year, Aurora Catholic Education Foundation has awarded $113,026 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
HOLY ANGELS PARISH PURPOSE: CATHOLIC EDUCATION | $25,595 |
ST RITA PARISH PURPOSE: CATHOLIC EDUCATION | $23,869 |
ANNUNCIATION PURPOSE: CATHOLIC EDUCATION | $22,013 |
SJP II CATHOLIC ACADEMY PURPOSE: CATHOLIC EDUCATION | $20,932 |
AUR CENTRAL CATH HS PURPOSE: CATHOLIC EDUCATION | $13,104 |
ST NICHOLAS PARISH PURPOSE: CATHOLIC EDUCATION | $7,513 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Aurora Catholic Education Foundation has recieved totaling $7,062.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of The Fox River Valley Aurora, IL PURPOSE: BENEFIT GREATER AURO | $7,062 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy College Of Health Sciences Des Moines, IA | $43,076,870 | $20,537,196 |
Holy Cross Village At Notre Dame Inc Notre Dame, IN | $38,111,514 | $15,375,443 |
Catholic Council For Social Concern Inc Des Moines, IA | $7,346,426 | $6,681,494 |
Fidelis Madison, WI | $2,636,949 | $4,754,241 |
Society Of St Vincent De Paul Archdiocesan Council Of Indianapolis, IN | $9,105,471 | $5,968,988 |
Shrine Of Our Lady Of Guadalupe Of The Diocese Of La Crosse Inc La Crosse, WI | $53,966,591 | $4,547,463 |
The Evangelical Catholic Inc Madison, WI | $1,045,637 | $2,564,857 |
Sacred Heart At Monastery Lake Inc Franklin, WI | $12,481,304 | $2,150,033 |
Marian Wayside Shrine Foundation Inc Saint John, IN | $16,789,912 | $5,177,827 |
Cristo Rey Jesuit Corporate Work Study Program Inc Milwaukee, WI | $540,902 | $2,112,972 |
United States Catholic Conference Barrington, IL | $18,377,452 | $2,584,855 |
Margarets Village Chicago, IL | $1,100,543 | $2,234,749 |