District One Foundation For Quality Education

Organization Overview

District One Foundation For Quality Education is located in Carrollton, IL. The organization was established in 1993. According to its NTEE Classification (B12) the organization is classified as: Fund Raising & Fund Distribution, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. District One Foundation For Quality 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 06/2024, District One Foundation For Quality Education generated $97.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $96.2k during the year ending 06/2024. While expenses have increased by 5.9% per year over the past 4 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.

Since 2021, District One Foundation For Quality Education has awarded 11 individual grants totaling $182,743. 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 990PF Filing

TAX YEAR

2024

Describe the Organization's Program Activity:

Part 3 - Line 4a

SCHOLARSHIP AWARDS FOR POST-HIGH SCHOOL EDUCATION FOR THE BENEFIT OF CARROLLTON HIGH SCHOOL GRADUATES - SEE ATTACHED SHEET


WEEKEND SCHOOL FOOD PROGRAM


OTHER VARIOUS DONATIONS TO THE WEEKEND FOOD PROGRAM, CEO PROGRAM, EARLY CHILDHOOD EDUCATION, AND PHYSICS PROGRAM


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Board, Officers & Key Employees

Name (title)Compensation
Robert Walker
Chairman
$0
Travis Klingler
Vice-Chairman
$0
Larry Gillingham
Secretary
$0
Leona Freand
Treasurer
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $89,585
Interest on Savings $0
Dividends & Interest $7,401
Net Rental Income$0
Net Gain on Sale of Assets $0
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $96,986

Grants Awarded

Over the last fiscal year, District One Foundation For Quality Education has awarded $51,155 in support to 3 organizations.

Grant RecipientAmount

41 INDIVIDUAL COLLEGE SCHOLARSHIP RECIPIENTS

PURPOSE: POST HIGH SCHOOL EDUCATION

$42,657

FOOD FOR SCHOOL FOOD PROGRAM

PURPOSE: PURCHASING AND SUPPLYING FOOD FOR STUDENTS ON WEEKENDS

$7,998

WEEKENDCEOEARLY CHILDHOODPHYSICS PROGRAM DONATIONS

PURPOSE: OTHER SMALL VARIOUS DONATIONS TO EDUCATIONAL/FOOD PROGRAMS WITHIN THE DISCTRICT

$500
View Grant Profile

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