Arcs Foundation Inc Illinois Chapter

Organization Overview

Arcs Foundation Inc Illinois Chapter is located in Chicago, IL. The organization was established in 1977. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, 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. Arcs Foundation Inc Illinois Chapter 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, Arcs Foundation Inc Illinois Chapter generated $90.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $78.2k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (6.9%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2015, Arcs Foundation Inc Illinois Chapter has awarded 30 individual grants totaling $712,500. 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 990EZ Filing

TAX YEAR

2022

Describe the Organization's Program Activity:

Part 3

TO PROVIDE FINANCIAL AWARDS TO CERTAIN LOCAL COLLEGES AND UNIVERSITIES FOR DISTRIBUTION TO ACADEMICALLY OUTSTANDING STUDENTS WHO ARE STUDYING TO COMPLETE DEGREES IN SCIENCE, ENGINEERING, OR MEDICAL RESEARCH.


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Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$78,475
Total Program Service Revenue$0
Membership dues$8,850
Investment income $0
Gain or Loss$0
Net Income from Gaming & Fundraising$0
Other Revenue$3,510
Total Revenue$90,835

Grants Awarded

Over the last fiscal year, Arcs Foundation Inc Illinois Chapter has awarded $85,000 in support to 5 organizations.

Grant RecipientAmount

NORTHWESTERN UNIVERSITY

Org PageRecipient Profile

Evanston, IL

PURPOSE: SCHOLARSHIPS

$22,500

ILLINOIS INSTITUTE OF TECHNOLOGY

Org PageRecipient Profile

Chicago, IL

PURPOSE: SCHOLARSHIPS

$20,000

UNIVERSITY OF ILLINOIS AT URBANA CH

Org PageRecipient Profile

Urbana, IL

PURPOSE: SCHOLARSHIPS

$17,500

UNIVERSITY OF CHICAGO

Org PageRecipient Profile

Chicago, IL

PURPOSE: SCHOLARSHIPS

$17,500

LOYOLA UNIVERSITY STRITCH SCHOOL

Org PageRecipient Profile

Chicago, IL

PURPOSE: SCHOLARSHIPS

$7,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Arcs Foundation Inc Illinois Chapter has recieved totaling $22,080.

Awarding OrganizationAmount
The Brinson Foundation

Chicago, IL

PURPOSE: GRADUATE STUDENT STEM RESEARCH SCHOLARSHIPS

$15,000
Helen Brach Foundation

Chicago, IL

PURPOSE: TO FUND HELEN BRACH FOUNDATION SCHOLAR TO RECOGNIZE EFFORTS OF AN EARLY CAREER SCIENTIST AND PROVIDE FUNDS TO CONDUCT INDEPENDENT RESEARCH

$5,000
Helen Brach Foundation

Chicago, IL

PURPOSE: MATCHING/DISCRETIONARY GRANT

$2,000
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$80
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$70,099
Earnings$35
Admin Expense$70,134

Peer Organizations

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