Schaumburg Township Foundation
- Assets
- $371.1k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Hoffman Estates, IL
- Founding
- 06/2013
- Data as of
- 12/2023
- EIN
- 46-1004727
Organization Overview
Schaumburg Township Foundation is located in Hoffman Estates, IL. The organization was established in 2013. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Schaumburg Township Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
WELFARE SERVICES - THE FOUNDATION GUIDES DONATIONS FROM DONORS TO VARIOUS TOWNSHIP DEPARTMENTS PROVIDING DIRECT SUPPORT TO RESIDENTS EXPERIENCING HARDSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bob Vinnedge President | 2 | $0 | |
Julie Bosshart Treasurer | 2 | $0 | |
John Caporale Secretary | 2 | $0 | |
Bob Bernas Trustee | 2 | $0 | |
Marilyn Karr Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $145,616 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $0 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $145,616 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $0 |
| Occupancy, rent, utilities, and maintenance | $703 |
| Printing, publications, postage, and shipping | $0 |
| Other expenses | $69,051 |
| Total expenses | $69,754 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $371,142 |
| Other assets | $0 |
| Total assets | $371,142 |
| Total liabilities | $0 |
| Net assets or fund balances | $371,142 |