William Rainey Harper College Educational Foundation

Organization Overview

William Rainey Harper College Educational Foundation is located in Palatine, IL. The organization was established in 1974. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. William Rainey Harper College Educational Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, William Rainey Harper College Educational Foundation generated $4.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.6% each year. All expenses for the organization totaled $8.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990T Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDES SCHOLARSHIPS AND ENHANCES THE QUALITY OF THE EDUCATIONAL ENVIRONMENT AND PROGRAMMING.

Describe the Organization's Program Activity:

SCHOLARSHIPS: THE FOUNDATION OVERSEES MORE THAN 225 SCHOLARSHIPS AND AWARDS TO OVER 2,053 INDIVIDUALS ANNUALLY. THESE SCHOLARSHIPS PROVIDE ASSISTANCE AND SUPPORT TO STUDENT SCHOLARS AND STUDENTS FACING BARRIERS TO ACADEMIC ACHIEVEMENT. PROGRAM GRANTS: THE FOUNDATION PROVIDES SEED MONEY FOR EXCELLENCE IN TEACHING AND LEARNING THROUGH THE RESOURCES FOR EXCELLENCE GRANT PROCESS. SOME PAST GRANT RECIPIENTS INCLUDE PROGRAMS THAT SERVE WOMEN, MINORITY STUDENTS AND STUDENTS WITH DISABILITIES, AS WELL AS DEGREE PROGRAMS IN THE FIELDS OF HEALTHCARE, MANUFACTURING AND SCIENCE. ART: THE FOUNDATION COLLECTS AND MAINTAINS A BODY OF WORKS OF ART FOR THE BENEFIT OF HARPER COLLEGE. THE COLLECTION CONTAINS NEARLY 400 PIECES AND IS VALUED AT APPROXIMATELY $2.8 MILLION. THIS EXTENSIVE COLLECTION IS PREEMINENT IN THE NORTHWEST SUBURBS FOR THE PURPOSE OF ARTISTIC STUDY AND COMMUNITY-WIDE AESTHETIC APPRECIATION. ART COLLECTION TRANSFERRED OWNERSHIP TO HARPER COLLEGE IN FY22 JAN 2022.


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

Board, Officers & Key Employees

Name (title)Compensation
Richard P Hohol
President
$0
Georgeanna Mehr
Immediate Past President
$0
Susan Rogers
VP Programs
$0
Rafael Malpica
VP Board Membership
$0
Patty Moyer
VP Development
$0
Brenda Knox
Treasurer
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$128,756
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,465,638
Noncash contributions included in lines 1a–1f $244,577
Total Revenue from Contributions, Gifts, Grants & Similar$4,594,394
Total Program Service Revenue$0
Investment income $130,914
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$1,002
Net Income from Fundraising Events -$25,194
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $4,699,112

Grants Recieved

Over the last fiscal year, we have identified 1 grants that William Rainey Harper College Educational Foundation has recieved totaling $45,832.

Awarding OrganizationAmount
Hpa Hope Foundation

Frisco, TX

PURPOSE: CONTINUING EDUCATION IN NURSING

$45,832
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$33,092,450
Earnings-$3,318,154
Net Contributions$9,910,394
Other Expense-$747,850
Grants$2,004,542
Ending Balance$38,427,998

Create an account to unlock the data you need.

or