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Nonprofiteer
← SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION

Form 990 for tax year 2024

Filed by SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION.

Totals

Total revenue
$163,553
Total expenses
$114,223
Contributions and grants received
$141,078
Grants paid
$111,912
Program service revenue
$0
Investment income
$4,805
Other revenue
$17,670
Total assets, end of year
$200,218
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$200,218
Program services expenses (Part IX)
$111,912
Management and general expenses
$2,311
Fundraising expenses
$0
Program service expenses (Part III)
$111,912

Program services were 98.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1c · Fundraising events

    $35,203

  • 1f · All other contributions, gifts and grants

    $105,875

  • 3 · Investment income

    total $4,805 · related or exempt $4,805

  • 8a · Fundraising events: gross income

    $79,940

  • 8a · Fundraising events: contributions included on line 1c

    $35,203

  • 8b · Fundraising events: direct expenses

    $62,270

  • 8c · Net income from fundraising events

    total $17,670

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $62,500 · program services $62,500

  • 2 · Grants to domestic individuals

    total $49,412 · program services $49,412

  • 12 · Advertising and promotion

    total $589 · management and general $589

  • 13 · Office expenses

    total $352 · management and general $352

  • 24a · Other expenses: OTHER INSURANCE EXPENSE

    total $1,209 · management and general $1,209

  • 24b · Other expenses: BANK SERVICE CHARGE

    total $136 · management and general $136

  • 24c · Other expenses: LICENSE FEES

    total $25 · management and general $25

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year $3

  • 2 · Savings and temporary cash investments

    beginning of year $150,888 · end of year $200,215

  • 27 · Net assets without donor restrictions

    beginning of year $143,638 · end of year $195,062

  • 28 · Net assets with donor restrictions

    beginning of year $7,250 · end of year $5,156

Mission and programs · 2024

Mission

THE DISTRICT 54 EDUCATION FOUNDATION IS AN ALL-VOLUNTEER (501)(C)(3) CHARITABLE ORGANIZATION DEDICATED TO PROVIDING RESOURCES AND SUPPORT TO DISTRICT 54 FAMILIES TO ENSURE THE ACADEMIC AND SOCIAL-EMOTIONAL SUCCESS OF THEIR CHILDREN. WE CANNOT EXPECT STUDENTS TO HAVE A WILLINGNESS TO LEARN IF THEIR BASIC NEEDS ARE NOT BEING MET. IN DISTRICT 54, 22% OF STUDENTS QUALIFY FOR THE FEDERAL FREE LUNCH PROGRAM, MEANING ALMOST 3,500 FAMILIES HAVE AN ANNUAL INCOME OF LESS THAN 40,560 FOR A FAMILY OF FOUR. SINCE ITS FOUNDING IN 1987 THE FOUNDATION HAS DONATED NEARLY 1 MILLION TO FUND VARIOUS INITIATIVES TO SUPPORT THESE CHILDREN IN OUR COMMUNITY.

  • FOOD PANTRY SUPPORT: GRANT FOR THE DISTRICT'S FIVE FOOD PANTRIES. THE DISTRICT'S FOOD PANTRIES SERVICE MORE THAN 400 FAMILIES PER MONTH. THIS MONEY HELPS THE PANTRY PURCHASE THE MOST NEEDED ITEMS IN BULK, TO PROVIDE MORE CONSISTENT OFFERINGS TO FAMILIES.

    Expenses $20,000 · Grants $20,000

  • CRISIS FUND: PROVIDE CASH OR GIFT CARDS TO DISTRICT 54 FAMILIES THAT ARE EXPERIENCING FINANCIAL HARDSHIP OR OTHER DIFFICULT SITUATIONS SO THEY CAN PURCHASE GROCERIES, UTILITIES, GASOLINE AND OTHER ESSENTIAL ITEMS. THE CRISIS FUND HAS SERVED HUNDREDS OF FAMILIES EACH YEAR SINCE THE START OF THE PANDEMIC.

    Expenses $36,432 · Grants $36,432

  • FOOD4THOUGHT: PROVIDES BREAKFASTS AT ALL DISTRICT 54 SCHOOLS TO STUDENTS IN LOW-INCOME HOUSEHOLDS. STUDENTS ARE BETTER ABLE TO LEARN IF THEY ARE NOT FOOD INSECURE AT THE BEGINNING OF THEIR DAY.

    Expenses $42,500 · Grants $42,500

  • PROVIDES AWARDS TO D54 STUDENTS FROM FINANCIALLY STRUGGLING FAMILIES SO THEY CAN PARTICIPATE IN EXTRACURRICULAR ACTIVITES OVER THE SUMMER MONTHS (10,886). THE REMAINDER PROVIDES SCHOOL SUPPLIES AND OTHER NECESSITIES TO FINANCIALLY STRUGGLING FAMILIES.

    Expenses $12,980 · Grants $12,980

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Sandy Abraham

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Ryan Andrews

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Katie Berganske

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Susan Budak

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Maribel Claudio

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Rod Craig

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Andy Duross

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Scott Felgenhauer

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Katy Garcia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bill Gladstone

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Isackson

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Kathy Jesuit

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bob Kaplan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Robert Kaplan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Thomas Manzardo

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Terri McHugh

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Steve Miller

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Lori Mobley

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Victor Morales

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Nick Myers

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Mike Pakaski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Jim Pye

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Peter Quinn

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Scott Ross

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Jillian Sagan

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Bob Schmidt

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Quinn Wulbedker

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Michael Capesius

    VICE CHAIRMA

    Total calculated
    $0
    Hours/week
    2
  • Dan Flores

    TREASURER

    Total calculated
    $0
    Hours/week
    2
  • Andy Murray

    CHAIRMAN

    Total calculated
    $0
    Hours/week
    2
  • Rajaram Srilekha

    SECRETARY

    Total calculated
    $0
    Hours/week
    2

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

  • SCHOOL DISTRICT 54

    $62,500

Provenance

Return type
form_990
Tax year
2024
Filed
20 May 2025
IRS schema version
2024v5.0
Source object
202522319349300012

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