Chicago Foundation For Education
- Assets
- $487.5k
- Revenue
- $176.1k
- Investments
- $0.0
- Employees
- 4
- Location
- LaGrange Park, IL
- Founding
- 04/1986
- Data as of
- 06/2022
- EIN
- 36-3429023
Organization Overview
Chicago Foundation For Education is located in LaGrange Park, IL. The organization was established in 1986. According to its NTEE Classification (B20) the organization is classified as: Elementary & Secondary Schools, under the broad grouping of Education and related organizations. As of 06/2022, Chicago Foundation For Education employed 4 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Foundation For Education 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, Chicago Foundation For Education generated $176.1k 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 (18.3%) each year. All expenses for the organization totaled $461.1k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE & ENHANCE EDUCATIONAL EXPERIENCES PROVIDED IN CHICAGO'S PUBLIC ELEMENTARY SCHOOLS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RELIEF FUND/EDUCATOR IMPACT FUND - AIMS TO FURNISH SCHOOL COMMUNITIES WITH THE DIGITAL LEARNING TOOLS, PHYSICAL EQUIPMENT, AND OTHER CLASSROOM SUPPLIES NECESSARY TO SUPPORT HIGH QUALITY INSTRUCTION AND ENGAGEMENT.
ACTION RESEARCH LEADERSHIP INSTITUTE - DEVELOP THE ANALYTICAL CAPACITY AND LEADERSHIP POTENTIAL OF CHICAGO'S MOST OUTSTANDING EDUCATORS. PARTICIPANTS CONDUCT ACTION RESEARCH PROJECTS WITH STUDENTS IN THEIR SCHOOLS, WITH A KEEN FOCUS ON IMPROVING STUDENT EXPERIENCES AND ENHANCING SUCCESS. FELLOWS ARE PROVIDED OPPORTUNITIES TO SHARE DATA AND RESULTING POLICY RECOMMENDATIONS WITH COLLEAGUES AND OTHER CHICAGO-AREA EDUCATION LEADERS.
STUDY GROUP GRANTS - BRING TOGETHER TEACHERS IN PROFESSIONAL LEARNING COMMUNITIES TO LEARN AND RESPECTIVELY ADAPT EFFECTIVE INSTRUCTIONAL STRATEGIES. STUDY GROUPS ARE LED BY EXPERIENCED TEACHERS ("COACHES") WHO PROVIDE ONGOING SUPPORT AND MENTORSHIP TO OTHER TEACHER PARTICIPANTS ("TEAM MEMBERS").
CFE AND TEACHERS SUPPORTING TEACHERS PARTNER ON THE CFE | TST IMPACT GRANT PROGRAM THAT AWARDS FUNDING TO TST IMPACT TEAMS TO COVER SCHOOL-WIDE PROJECT SUPPLIES AND RESOURCES. $500 EACH.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kristin M Hardy Co-Executive Director | Officer | 40 | $103,440 |
Sarah H Knight Co-Executive Director | Officer | 40 | $89,844 |
Michael Patock Chairperson | OfficerTrustee | 4 | $0 |
Talbott Baldwin Vice Chairperson | OfficerTrustee | 4 | $0 |
Chris Smith Treasurer | OfficerTrustee | 4 | $0 |
Rebecca Watts Secretary | OfficerTrustee | 4 | $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 | $168,468 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $168,468 |
| Total Program Service Revenue | $0 |
| Investment income | $7,554 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $176,072 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $177,703 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $175,746 |
| Compensation of current officers, directors, key employees. | $9,768 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $10,696 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $91 |
| Payroll taxes | $14,256 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $32,498 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $12,980 |
| Advertising and promotion | $0 |
| Office expenses | $6,509 |
| Information technology | $15,057 |
| Royalties | $0 |
| Occupancy | $1,958 |
| Travel | $642 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,399 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,293 |
| All other expenses | $0 |
| Total functional expenses | $461,055 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $62,904 |
| Savings and temporary cash investments | $136,273 |
| 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 | $288,317 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $487,494 |
| Accounts payable and accrued expenses | $19,101 |
| 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 | $19,101 |
| Net assets without donor restrictions | $468,393 |
| Net assets with donor restrictions | $0 |
| 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 | $487,494 |
Grants Recieved
Over the last fiscal year, we have identified 6 grants that Chicago Foundation For Education has recieved totaling $58,731.
| Awarding Organization | Amount |
|---|---|
Donley Foundation Radnor, PA PURPOSE: GENERAL OPERATING SUPPORT FOR WEST SIDE CHICAGO | $20,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $20,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $15,000 |
Robert W Galvin Foundation Chicago, IL PURPOSE: PUBLIC CHARITY | $2,500 |
Patrick G And Shirley W Ryan Foundation Chicago, IL PURPOSE: GENERAL CHARITABLE OPERATIONS | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $231 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Principia Corporation St Louis, MO | $1,121,774,918 | $256,921,200 |
Youth Connection Charter School Chicago, IL | $19,677,483 | $57,450,809 |
Latin School Of Chicago Chicago, IL | $156,636,530 | $50,037,538 |
Francis W Parker School Chicago, IL | $194,788,594 | $67,683,715 |
Mary Institute And Saint Louis Country Day School St Louis, MO | $240,203,179 | $40,528,498 |
Confluence Academy St Louis, MO | $36,687,360 | $48,180,498 |
St Lukes-Jones Regional Medical Center Anamosa, IA | $65,819,310 | $47,904,266 |
Pembroke Hill School Kansas City, MO | $163,708,613 | $51,122,329 |
University School Of Milwaukee Corporation Milwaukee, WI | $59,516,474 | $37,531,617 |
Park Tudor Foundation Inc Indianapolis, IN | $62,976,373 | $33,968,467 |
Christian Academy Of Louisville Inc Louisville, KY | $31,042,976 | $28,033,644 |
North Shore Country Day School Winnetka, IL | $93,458,208 | $25,821,359 |