George M Pullman Educational Foundation
- Assets
- $30.4m
- Revenue
- $2.3m
- Investments
- $28.5m
- Employees
- 0
- Location
- Chicago, IL
- Founding
- 06/2017
- Data as of
- 07/2022
- EIN
- 36-2216171
Organization Overview
George M Pullman Educational Foundation is located in Chicago, IL. The organization was established in 2017. According to its NTEE Classification (T23) the organization is classified as: Private Operating Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. George M Pullman 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 07/2022, George M Pullman Educational Foundation generated $2.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 14.8% each year . All expenses for the organization totaled $1.7m during the year ending 07/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, George M Pullman Educational Foundation has awarded 1,106 individual grants totaling $6,261,866. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES MERIT-BASED, NEED-BASED SCHOLARSHIPS AND CONTINUING EDUCATIONAL SUPPORT TO OUTSTANDING GRADUATING HIGH SCHOOL SENIORS AS THEY PURSUE THEIR BACHELOR'S DEGREE.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lisa O'banner Administrator | 40 | $79,445 | |
Anne Stretz Scholarship Program | 40 | $71,029 | |
Eric Dell Bovi Executive Director | 40 | $30,769 | |
Marc Christman Treasurer | 0.3 | $0 | |
Barbara M Kaufman Board President | 3 | $0 | |
Robert W Fioretti Asst Treas/secretary | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $202,615 |
| Interest on Savings | $0 |
| Dividends & Interest | $804,348 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,274,754 |
| Capital Gain Net Income | $1,274,754 |
| Net ST Capital Gain | $1,274,754 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $236 |
| Total Revenue | $2,281,953 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $30,769 |
| Other employee salaries and wages | $197,397 |
| Pension plans, employee benefits | $53,087 |
| Interest | $0 |
| Taxes | $63,871 |
| Depreciation | $0 |
| Occupancy | $132,608 |
| Travel, conferences, and meetings | $5,391 |
| Printing and publications | $9,280 |
| Other expenses | $192,183 |
| Total operating and administrative expenses | $1,022,773 |
| Contributions, gifts, grants paid | $662,945 |
| Total expenses and disbursements | $1,685,718 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,875 |
| Savings and temporary cash investments | $1,854,661 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $9,722 |
| Total assets | $30,414,650 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
Grants Awarded
Over the last fiscal year, George M Pullman Educational Foundation has awarded $662,945 in support to 99 organizations.
| Grant Recipient | Amount |
|---|---|
BUCHANIEC CATHERINE PURPOSE: COLLEGE SCHOLARSHIPS | $10,000 |
ABREGO ORLANDO PURPOSE: COLLEGE SCHOLARSHIPS | $10,000 |
GAETA KYLIE PURPOSE: COLLEGE SCHOLARSHIPS | $10,000 |
GILES ALLANNAH PURPOSE: COLLEGE SCHOLARSHIPS | $10,000 |
GALARION ANNA MARIE PURPOSE: COLLEGE SCHOLARSHIPS | $10,000 |
BALDERAS IZABELLA PURPOSE: COLLEGE SCHOLARSHIPS | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that George M Pullman Educational Foundation has recieved totaling $2,500.
| Awarding Organization | Amount |
|---|---|
Martha Helen Waughon Foundation Uad Feb 8 1995 Chicago, IL PURPOSE: UNRESTRICTED GENERAL FUND | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Johnny Morris Foundation Springfield, MO | $120,561,207 | $600,000 |
Roderick And Solange Macarthur Justice Center Niles, IL | $137,820,704 | $9,175,098 |
John C Proctor Endowment Peoria, IL | $3,704,865 | $6,462,862 |
Collective Impact Network Saint Louis, MO | $21,375,860 | $4,592,347 |
Land Conservation Trust Of Southern Illinois Chicago, IL | $0 | $8,667,779 |
World Food Prize Foundation Urbandale, IA | $73,712,928 | $6,192,203 |
Center To Combat Human Trafficking Decatur, IL | $69,172,505 | $43,496,794 |
Chipstone Foundation Milwaukee, WI | $75,856,336 | $12,810,541 |
Fmc Aquatic Opportunities Chicago, IL | $22,984,375 | $1,955,015 |
Johnson Foundation Inc Racine, WI | $58,249,744 | $4,338,703 |
Drumm Center For Children Inc Independence, MO | $21,203,192 | $3,719,217 |
Coregiving Co Chicago, IL | $192,857 | $1,890,844 |