Chicago Public Education Fund is located in Chicago, IL. The organization was established in 1999. According to its NTEE Classification (B02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Education and related organizations. As of 12/2022, Chicago Public Education Fund employed 41 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chicago Public Education Fund 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, Chicago Public Education Fund generated $24.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 32.9% each year . All expenses for the organization totaled $5.9m during the year ending 12/2022. While expenses have increased by 3.7% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE FUND IMPROVES PUBLIC SCHOOLS BY INVESTING IN THE TALENTED EDUCATORS WHO LEAD THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROGRAMMATIC SUPPORTSTHE FUND SUPPORTS PRINCIPALS AND ASPIRING PRINCIPALS THROUGH QUALITY PROGRAMMING, ACTIONABLE DATA, AND PUBLIC REPORTING. FUND PROGRAMS ARE OPEN TO ALL EDUCATORS LEADING IN CHICAGO'S PUBLIC SCHOOLS. WE SERVE LEADERS IN SCHOOLS ACROSS THE CITY, REPRESENTING A DIVERSITY OF SCHOOL TYPES, INCLUDING ELEMENTARY, HIGH SCHOOL, CHARTER, AND DISTRICT. OUR TWO LARGEST PROGRAMS WERE PROFESSIONAL LEARNING COMMUNITIES AND THE SUMMER DESIGN PROGRAM. THESE PROGRAMS ACCOUNTED FOR 167 (53%) AND 77 (24%) OF OUR PARTICIPANT SLOTS, RESPECTIVELY. BOTH PROGRAMS AIMED TO MEET PRINCIPAL AND ASPIRING PRINCIPAL NEEDS AND WERE REGULARLY FEATURED ON OUR WEBSITE AND IN OUR REPORTS.PROFESSIONAL LEARNING COMMUNITIES ALLOWED SCHOOL LEADERS TO PARTICIPATE IN YEARLONG PEER-LEARNING GROUPS LED BY THE CITY'S TOP PRINCIPALS. PARTICIPANTS ENGAGED IN REFLECTIVE JOURNEYS, DESIGNED TO HELP THEM UNDERSTAND THEIR LEADERSHIP MORE DEEPLY, LEARN NEW SKILLS, ENCOURAGE INNOVATIVE PRACTICES IN THEIR BUILDINGS, AND ADVANCE POSITIVE SCHOOL CULTURE. PROFESSIONAL LEARNING COMMUNITY LEADERS WERE FREQUENTLY FEATURED ON OUR WEBSITE.OUR SUMMER DESIGN PROGRAM EQUIPPED EDUCATORS WITH THE RESOURCES TO CREATE STUDENT-CENTERED SOLUTIONS TO SCHOOL-BASED CHALLENGES. PARTICIPANTS DESIGNED AND TESTED NEW OR MODIFIED APPROACHES TO TEACHING, LEARNING, AND CLIMATE. SOME OF THE PROMISING PRACTICES THAT EMERGED WERE FEATURED IN A SERIES OF CASE STUDIES. IN ADDITION TO THE PROFESSIONAL LEARNING COMMUNITIES AND THE SUMMER DESIGN PROGRAM, OUR TEAM MANAGED TWO PRINCIPAL FELLOWSHIPS, A PROGRAM FOCUSED ON ASPIRING PRINCIPALS, AND PILOTED A MASTERCLASS SERIES IN 2022. THE FUND'S PROGRAMS SUPPORTED 315 LEADERS ACROSS 246 SCHOOLS, SERVING 130,000 STUDENTS ACROSS THE CITY.
SYSTEMS, DATA, AND POLICIESTHE FUND HAS INVESTED IN EDUCATOR TALENT IN CHICAGO FOR OVER 20 YEARS. IN THE LAST DECADE, OUR FOCUS HAS NARROWED ON SCHOOL LEADERS. CHICAGO'S SCHOOL LEADERS SHOULDER TREMENDOUS RESPONSIBILITIES, AND THEY REQUIRE THE AUTONOMY TO ACT ON THE NEEDS OF THEIR COMMUNITIES. AS SUCH, THE FUND'S POLICY WORK IS DEDICATED TO BUILDING A CULTURE OF STRONG LOCAL LEADERSHIP IN CHICAGO. WE DEEPLY VALUE OUR PARTNERSHIPS WITH OTHER ORGANIZATIONS IN OUR SYSTEMS-LEVEL WORK. IN 2022, WE WORKED MOST CLOSELY WITH OUR PARTNERS AT CHICAGO PUBLIC SCHOOLS. OUR ANNUAL PRINCIPAL ENGAGEMENT SURVEY AND NEW ASSISTANT PRINCIPAL ENGAGEMENT SURVEY HELPED INFORM DISTRICT STRATEGY, INCLUDING THE LAUNCH OF SEVERAL WORKING GROUPS DESIGNED TO INVITE PRINCIPAL VOICES. WE REGULARLY STAFFED CPS EFFORTS TO SURFACE AND ACT ON THE PERSPECTIVES OF EDUCATORS IN SCHOOLS. ADDITIONALLY, WE HELD A LEGISLATIVE BREAKFAST IN FEBRUARY 2022 TO SHARE PRINCIPAL AND ASSISTANT PRINCIPAL PERSPECTIVES WITH ELECTED LEADERS. THROUGH THIS EVENT, WE INTRODUCED LEGISLATORS TO PRINCIPALS IN THEIR DISTRICTS. WE ENCOURAGED EDUCATORS TO SHARE POSITIVE STORIES FROM THEIR SCHOOLS AND LEGISLATORS TO ASK QUESTIONS ABOUT THE ISSUES AFFECTING TEACHING AND LEARNING. FINALLY, WE PUBLISHED 11 CASE STUDIES IN 2022. THESE REPORTS WERE DESIGNED TO AMPLIFY SCHOOL PRACTICES THAT ACCELERATED STUDENT LEARNING IN THE WAKE OF THE PANDEMIC.
EDUCATOR ENGAGEMENTIN 2022, THE FUND ALSO CONNECTED EDUCATORS TO THE BROADER RESEARCH COMMUNITY, TO OUR WORK, AND TO ONE ANOTHER. WE CELEBRATED THEIR INNOVATION AND LEADERSHIP CITYWIDE. IN MAY, WE SHARED A REPORT FROM THE CHICAGO CONSORTIUM ON SCHOOL RESEARCH ABOUT THE SUCCESSFUL PRACTICES USED TO SUPPORT ENGLISH LANGUAGE LEARNERS IN CHICAGO. WE ALSO FACILITATED A LEARNING DISCUSSION WITH THE AUTHORS, CHICAGO PUBLIC SCHOOLS LEADERSHIP, AND LOCAL EDUCATORS.IN JUNE, WE HOSTED AN INNOVATION SHOWCASE, WHICH FEATURED THE WORK OF SIX SCHOOL TEAMS. EACH TEAM SHARED A SPECIFIC PROMISING PRACTICE, ANSWERING QUESTIONS FROM ONE ANOTHER AND THE BROADER COMMUNITY. SEVERAL OF THE PRESENTERS WERE AWARD WINNERS, HAVING PARTICIPATED IN THE DESIGN CHALLENGE WE SPONSORED EARLIER IN THE SPRING. WE SHARED ALL OF THE PRACTICES THEY SHARED IN OUR COMMUNICATIONS.IN OCTOBER, THE FUND CELEBRATED EDUCATORS CITYWIDE THROUGH OUR SIXTH ANNUAL PRINCIPAL APPRECIATION CAMPAIGN. THE 2022 CAMPAIGN INCLUDED TWO SCHOOL VISITS, THREE CASUAL EVENTS FOR PRINCIPALS TO RECONNECT WITH PEERS, AND ONE EVENT AT THE MUSEUM OF SCIENCE AND INDUSTRY THAT FEATURED STORIES OF RESILIENCE FROM SCHOOL LEADERS. WE ALSO DESIGNED AND EXECUTED A SOCIAL MEDIA CAMPAIGN AND MAILED PINS RECOGNIZING THEIR YEARS OF SERVICE TO ALL PUBLIC SCHOOL PRINCIPALS IN CHICAGO. THROUGHOUT THE YEAR, WE HOSTED AN EDUCATOR ADVISORY COMMITTEE, WHOSE MEMBERS CONSULTED ON OUR WORK. COMPOSED OF 34 LEADERS FROM ACROSS THE CITY, THE GROUP OFFERED THOUGHTFUL INSIGHT INTO POLICY TOPICS THAT WOULD IMPROVE SCHOOL LEADER CONDITIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Heather Y Anichini President & CEO | OfficerTrustee | 55 | $388,007 |
Brent Gledhill Chair | OfficerTrustee | 4 | $0 |
Kenneth C Griffin Vice Chair Until 7/1/22 | OfficerTrustee | 1 | $0 |
Helen H Zell Vice Chair | OfficerTrustee | 2 | $0 |
Jill M Garling Treasurer | OfficerTrustee | 4 | $0 |
Barbara Malott Kizziah Secretary | OfficerTrustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
The Chicago Public Schools Principal Professional Development | 12/30/22 | $432,000 |
Accelerate Institute Leadership Bridge Program | 12/30/22 | $140,970 |
Leadership And Design Summer Design Program | 12/30/22 | $137,379 |
New Leaders Inc Leadership Bridge Program | 12/30/22 | $119,000 |
Cahn Fellow Programs Cahn Fellows Program | 12/30/22 | $115,375 |
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 | $24,987,900 |
Noncash contributions included in lines 1a–1f | $90,655 |
Total Revenue from Contributions, Gifts, Grants & Similar | $24,987,900 |
Total Program Service Revenue | $0 |
Investment income | $344,943 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$645,081 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,687,762 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $454,000 |
Grants and other assistance to domestic individuals. | $257,499 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $432,947 |
Compensation of current officers, directors, key employees. | $64,942 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,925,925 |
Pension plan accruals and contributions | $40,716 |
Other employee benefits | $182,063 |
Payroll taxes | $153,618 |
Fees for services: Management | $0 |
Fees for services: Legal | $6,164 |
Fees for services: Accounting | $27,023 |
Fees for services: Lobbying | $69,926 |
Fees for services: Fundraising | $61,142 |
Fees for services: Investment Management | $33,532 |
Fees for services: Other | $1,500,348 |
Advertising and promotion | $66,142 |
Office expenses | $110,429 |
Information technology | $90,659 |
Royalties | $0 |
Occupancy | $193,999 |
Travel | $42,672 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $56,573 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $181,321 |
Insurance | $8,619 |
All other expenses | $0 |
Total functional expenses | $5,895,317 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,479,760 |
Savings and temporary cash investments | $1,178,000 |
Pledges and grants receivable | $18,064,802 |
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 | $94,293 |
Net Land, buildings, and equipment | $1,077,246 |
Investments—publicly traded securities | $17,602,992 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $159,938 |
Total assets | $40,657,031 |
Accounts payable and accrued expenses | $161,478 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $175,000 |
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 | $1,132,220 |
Total liabilities | $1,468,698 |
Net assets without donor restrictions | $20,605,259 |
Net assets with donor restrictions | $18,583,074 |
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 | $40,657,031 |
Over the last fiscal year, Chicago Public Education Fund has awarded $398,500 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
CHICAGO PUBLIC SCHOOLS PURPOSE: Program participation stipends | $391,500 |
ACERO CHARTER SCHOOLS PURPOSE: Program participation stipends | $7,000 |