Theresian Foundation Inc

Organization Overview

Theresian Foundation Inc is located in Elburn, IL. The organization was established in 1946. According to its NTEE Classification (X11) the organization is classified as: Single Organization Support, under the broad grouping of Religion-Related and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Theresian Foundation Inc 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 12/2023, Theresian Foundation Inc generated $28.4k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (18.1%) each year. All expenses for the organization totaled $41.4k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE THERESIAN FOUNDATION MANAGES AND INVESTS DONATIONS AND FUNDS RAISED. THE FOUNDATION DISTRIBUTES GRANTS TO THERESIANS INTERNATIONAL, ITS SUPPORTED ORGANIZATION. THERESIANS INTERNATIONAL ESTABLISHES SMALL COMMUNITIES WORLDWIDE FOR WOMEN TO FURTHER THEIR SPIRITUAL AND EDUCATIONAL DEVELOPMENT. THIS IS THEIR ONLY MISSION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE THERESIAN FOUNDATION MANAGES AND INVESTS DONATIONS AND FUNDS RAISED. THE FOUNDATION DISTRIBUTES GRANTS TO THERESIANS INTERNATIONAL, ITS SUPPORTED ORGANIZATION. THERESIANS INTERNATIONAL ESTABLISHES SMALL COMMUNITIES WORLDWIDE FOR WOMEN TO FURTHER THEIR SPIRITUAL AND EDUCATIONAL DEVELOPMENT. THIS IS THEIR ONLY MISSION.


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Board, Officers & Key Employees

Name (title)Compensation
Lynn Moroux
Director
$0
Stephanie Wallace
Treasurer
$0
Sharon Staffel
Vice Chair
$0
Stephanie Hawkins
Chair
$0
Marilyn Arendt
Secretary
$0
Mary Ann Camello
Director
$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$7,334
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$7,334
Total Program Service Revenue$0
Investment income $21,073
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 $28,407

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