Invest For Kids Inc

Organization Overview

Invest For Kids Inc is located in Chicago, IL. The organization was established in 2009. According to its NTEE Classification (P12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Invest For Kids Inc 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 12/2022, Invest For Kids Inc generated $2.0m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.3% each year. All expenses for the organization totaled $2.3m during the year ending 12/2022. While expenses have increased by 4.9% per year over the past 4 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 2020, Invest For Kids Inc has awarded 49 individual grants totaling $4,332,340. 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

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO RAISE FUNDS THAT WILL BENEFIT CHICAGO-AREA CHILDREN'S CHARITIES. THE ACCOMPLISHMENT OF THIS MISSION IS THROUGH AN ANNUAL CONFERENCE THAT RAISES MONEY BY PRESENTING IDEAS FROM AN ELITE GROUP OF SUCCESSFUL INVESTMENT MANAGERS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FUNDS DISPERSED TO THE FOLLOWING ORGANIZATIONS TO FURTHER CHILDREN'S WELFARE BY AIDING THEIR MISSIONS:FUNDS DISPERSED FROM 2022 CONFERENCE:BLOC $200,000CHICAGO COLLEGIATE CHARTER SCHOOL $200,000CHILDREN'S RESEARCH TRIANGLE $200,000CODE NATION (SCRIPTED INC) $200,000MIKVA CHALLENGE GRANT FOUNDATION INC $200,000NETWORK FOR TEACHING ENTREPRENEURSHIP $200,000ONE MILLION DEGREES $200,000HEAR SCHOLARSHIP FOUNDATION $100,000CHICAGO SCHOLARS $ 83,000ILLINOIS NETWORK OF CHARTER SCHOOLS $ 35,500GEM-IFK VENTURE FOR EDUCATIONAL SUPPORT $ 34,000DEPAUL UNIVERSITY-DIVISION OF A&E R $ 10,000 HARRIS THEATER-ATP $ 10,000RESIDUAL FUNDS DISPERSED FROM 2021 CONFERENCE:COMP-U-DOT $200,000 CHICAGO SCHOLARS $ 23,000LINK UNLIMITED SCHOLARS $ 10,000CATALYST SCHOOLS $ 10,000FRIENDS OF THE CHILDREN - CHICAGO $ 10,000JUVENILE PROTECTIVE ASSOCIATION $ 10,000


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Board, Officers & Key Employees

Name (title)Compensation
Benjamin Kovler
Ceo/tr/secr.
$0
Ronald S Levin
President/dir.
$0
Brian T Burke
Cfo/director
$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$2,004,178
Noncash contributions included in lines 1a–1f $12,626
Total Revenue from Contributions, Gifts, Grants & Similar$2,004,178
Total Program Service Revenue$0
Investment income $9,071
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $342
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,013,591

Grants Awarded

Over the last fiscal year, Invest For Kids Inc has awarded $1,935,500 in support to 18 organizations.

Grant RecipientAmount

CATALYST SCHOOLS

PURPOSE: To aid their exempt purpose

$10,000

CHICAGO COLLEGIATE INC

PURPOSE: To aid their exempt purpose

$200,000

CHICAGO SCHOLARS

PURPOSE: To aid their exempt purpose

$106,000

CHILDRENS RESEARCH TRIANGLE

PURPOSE: To aid their exempt purpose

$200,000

CODE NATION SCRIPTED INC

PURPOSE: To aid their exempt purpose

$200,000

COMP-U-DOPT

PURPOSE: To aid their exempt purpose

$200,000
View Grant Profile

Peer Organizations

Organization NameAssets
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Oak Brook, IL
$5,784,327
Childserve Foundation Inc
Johnston, IA
$4,802,859
Share Our Spare
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$4,711,165
Sunshine Place Inc
Sun Prairie, WI
$6,251,933
Lux Family Foundation
St Louis, MO
$335,497
Iowa Community Action Association
Des Moines, IA
$2,638,595
Invest For Kids Inc
Chicago, IL
$2,013,591
Voice Of Judah Israel Inc
Fort Wayne, IN
$1,872,308
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$78,160
Cornerstone Of Hope Inc
Paducah, KY
$2,273,548
Chicago White Sox Charities Inc
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$3,406,117
Chaddock Childrens Foundation
Quincy, IL
$2,030,860
Virginia Henry Charitable Trust 0403231952
Po Box Chicago, IL
$427,313
Greencroft Communities Foundation Inc
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$3,230,105
Nssc Foundation
Northfield, IL
$1,016,926
The World Orphan Fund Inc
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$1,129,281
American Warrior Initiative Inc
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$1,139,521
Gabriel Project Kansas City
Kearney, MO
$1,179,119
Robert J Parrish Harriet A Parrish And David T Parrish Foundation
Evansville, IN
$56,642
Ft Cares Foundation
Wheaton, IL
$823,132
Students For Healthy Moms And Babies Foundation
Carmel, IN
$0
United Way Of Central Kentucky Inc
Elizabethtown, KY
$988,756
Association Of Oncology Social Work Inc
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$631,114
Bridge Thrift Center Nfp
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$700,169
Community Service Partners
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$667,537

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