Chicagoland Lutheran Educational Foundation
- Assets
- $5.3m
- Revenue
- $4.2m
- Investments
- $0.0
- Employees
- 12
- Location
- Bensenville, IL
- Founding
- 02/1994
- Data as of
- 06/2022
- EIN
- 36-3922804
Organization Overview
Chicagoland Lutheran Educational Foundation is located in Bensenville, IL. The organization was established in 1994. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 06/2022, Chicagoland Lutheran Educational Foundation employed 12 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicagoland Lutheran 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, Chicagoland Lutheran Educational Foundation generated $4.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $4.4m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Chicagoland Lutheran Educational Foundation has awarded 206 individual grants totaling $17,620,097. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF CHICAGOLAND LUTHERAN EDUCATIONAL FOUNDATION IS TO EMPOWER URBAN LUTHERAN SCHOOLS TO DELIVER INNOVATIVE, QUALITY EDUCATION IN A CHRISTIAN ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHICAGOLAND LUTHERAN EDUCATIONAL FOUNDATION HELPS CHILDREN ACHIEVE ACADEMICALLY WITHIN A CHRISTIAN ENVIRONMENT BY PROVIDING FINANCIAL ASSISTANCE, EDUCATIONAL CONSULTING, AND TEACHER PROFESSIONAL DEVELOPMENT TO LUTHERAN PRESCHOOL, ELEMENTARY, AND SECONDARY SCHOOLS IN CHICAGO. GRANT FUNDING SUPPORTS MANY AREAS INCLUDING SCHOLARSHIPS, TECHNOLOGY, CURRICULUM MATERIALS, SCHOOL CAPITAL NEEDS, TEACHER SALARY SUPPORT AND TEACHER PROFESSIONAL DEVELOPMENT.
GRANTS TO CHICAGO AREA ELEMENTARY AND SECONDARY SCHOOLS IN FURTHERANCE OF LUTHERAN EDUCATION AND UPKEEP OF THOSE FACILITIES. ASSISTANCE IN UPGRADING SERVICES PROVIDED BY THESE SCHOOLS.
THE PRINCIPAL360 LEADERSHIP TRAINING PROGRAM FOR CLEF PRINCIPALS AND TEACHERS IS DESIGNED TO BUILD THE SCHOOL MANAGEMENT, CLASSROOM MANAGEMENT AND LEADERSHIP SKILLS NECESSARY TO FOSTER AND MAINTAIN SUSTAINABLE, HIGH-QUALITY LUTHERAN EDUCATIONAL ENVIRONMENTS. THE PATHWAYS PROGRAM FOCUSES ON THREE MAJOR INITIATIVES: STRATEGIC STRENGTH & MANAGEMENT, EDUCATIONAL BEST PRACTICES, AND LEADERSHIP & INTERPERSONAL EMPOWERMENT.
THE LUTHERAN URBAN KINGDOM EXPANSION (LUKE) UBRAN MINISTRY RENEWAL INITIATIVE WORKS TO REVITALIZE EXISTING CHURCH CONGREGATIONS AND CREATE NEW MISSIONAL MINISTRIES IN THE CHICAGO AREA
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janet Klotz Executive Di | Officer | 40 | $200,925 |
Jay Christopher Chairman | OfficerTrustee | 0.5 | $0 |
Kevin Preloger Treasurer | OfficerTrustee | 1.5 | $0 |
Ann Rundio Secretary | OfficerTrustee | 0.5 | $0 |
Terry E Pfortmiller Vice Preside | OfficerTrustee | 0.25 | $0 |
Michael Welch President | OfficerTrustee | 15 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Davidoff Llc Consulting | 6/29/19 | $258,954 |
Aqueity Tech Support | 6/29/19 | $172,088 |
Chicago Home Tutor Special Educati | 6/29/19 | $116,193 |
Concordia University Profdevelopment | 6/29/19 | $377,238 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $174,674 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,845,417 |
| Noncash contributions included in lines 1a–1f | $382,616 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,020,091 |
| Total Program Service Revenue | $183,692 |
| Investment income | $37,516 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $11,505 |
| Net Income from Fundraising Events | -$66,428 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,186,376 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,145,757 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $210,831 |
| Compensation of current officers, directors, key employees. | $64,620 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $500,389 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $104,037 |
| Payroll taxes | $52,937 |
| Fees for services: Management | $6,535 |
| Fees for services: Legal | $2,387 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $48,842 |
| Information technology | $27,767 |
| Royalties | $0 |
| Occupancy | $3,600 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,562 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,439 |
| Insurance | $9,948 |
| All other expenses | $149,286 |
| Total functional expenses | $4,403,247 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,957,661 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $108,665 |
| 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 | $44,420 |
| Investments—publicly traded securities | $1,166,247 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,150 |
| Total assets | $5,278,143 |
| Accounts payable and accrued expenses | $689 |
| Grants payable | $17,005 |
| 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 | $90,030 |
| Total liabilities | $107,724 |
| Net assets without donor restrictions | $1,679,870 |
| Net assets with donor restrictions | $3,490,549 |
| 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 | $5,278,143 |
Grants Awarded
Over the last fiscal year, Chicagoland Lutheran Educational Foundation has awarded $2,145,757 in support to 19 organizations.
| Grant Recipient | Amount |
|---|---|
MISCELLANEOUS SCHOOLS | | | $272,444 |
BETHESDA INTERNATIONAL ACADEMY | | | $254,540 |
GRACE CHRISTIAN ACADEMY | | | $224,016 |
WALTHER CHRISTIAN ACADEMY | | | $216,594 |
ST PAUL LUTHERAN SCHOOL(DORCHESTER) | | | $195,616 |
HOLY FAMILY MINISTRIES | | | $164,390 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Chicagoland Lutheran Educational Foundation has recieved totaling $1,742,512.
| Awarding Organization | Amount |
|---|---|
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: EDUCATION | $1,667,111 |
The Christopher Family Foundation Westmont, IL PURPOSE: GENERAL SUPPORT FUND | $75,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $301 |
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $100 |
Endowment Analysis
| Beg. Balance | $1,373,907 |
| Earnings | -$192,972 |
| Admin Expense | $14,688 |
| Ending Balance | $1,166,247 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |
AbbVie Employee Assistance Fund Inc North Chicago, IL | $0 | $8,759,468 |
Scholarship Foundation Of St Louis St Louis, MO | $49,025,721 | $11,563,775 |
Alfred I Dupont Awards Foundation Chicago, IL | $0 | $4,985,997 |
Accenture Foundation Inc Chicago, IL | $134,926,823 | $15,596,009 |
Rooted Alliance Inc Chicago, IL | $2,335,555 | $4,487,602 |
Rsm Us Foundation Davenport, IA | $13,920,904 | $7,669,329 |