Skip to content
Nonprofiteer
← SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION

Form 990-EZ for tax year 2023

Filed by SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION.

Totals

Total revenue
$133,552
Total expenses
$172,846
Contributions and grants received
$127,672
Grants paid
$170,631
Program service revenue
not reported
Membership dues (line 3)
not reported
Investment income (line 4)
$2,536
Gain or loss on sale of assets (line 5c)
not reported
Gaming and fundraising events, net (line 6d)
$3,344
Gross profit on inventory sales (line 7c)
not reported
Other revenue (line 8)
not reported
Total assets, end of year
$150,888
Total liabilities, end of year
not reported
Net assets or fund balances, end of year
$150,888
Program service expenses (Part III)
$170,631

Program services were 98.7% of total expenses calculated — Part III's total program service expenses over total expenses, both as filed.

Mission and programs · 2023

Primary exempt purpose

THE SCHAUMBURG TOWNSHIP ELEMENTARY SCHOOL FOUNDATION, INCORPORATED IN 1987, WAS ESTABLISHED TO GENERATE AND DISTRIBUTE FINANCIAL AND OTHER RESOURCES TO THE SCHOOL DISTRICT 54 COMMUNITY FOR ENRICHMENT PROGRAMS AND OTHER PROJECTS AIMED AT ENHANCING THE QUALITY OF EDUCATION AND PROVIDING STUDENTS WITH EXTENDED LEARNING OPPORTUNITIES. THE FOUNDATION HAS COMMITTED TO FUND FOOD PROGRAMS IN DISTRICT 54 SCHOOLS TO ENSURE THAT STUDENTS BEGIN THEIR DAY READY TO LEARN. THE FOUNDATION ALSO PROVIDES GRANTS TO STUDENTS TO CULTIVATE ACADEMIC, CULTURAL OR ATHLETIC EXTRACURRICULAR INTERESTS.

  • 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 $35,208 · Grants $35,208

  • 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 $81,962 · Grants $81,962

  • PROVIDES AWARDS TO D54 STUDENTS FROM FINANCIALLY STRUGGLING FAMILIES SO THEY CAN PARTICIPATE IN EXTRACURRICULAR ACTIVITES OVER THE SUMMER MONTHS (21,734) AND PROVIDES FUNDING FOR AFTER-SCHOOL STEM PROGRAMS CONDUCTED AT D54 SCHOOLS, INCLUDING RUBE GOLDBERG COMPETITIONS; GIRLS IN ENGINEERING, MATH AND SCIENCE CLUBS (ALSO KNOWN AS GEMS CLUBS); AND ROCKETRY PROGRAMS (6,868). THE REMAINDER PROVIDES SCHOOL SUPPLIES AND OTHER NECESSITIES TO FINANCIALLY STRUGGLING FAMILIES.

    Expenses $33,461 · Grants $33,461

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part IV

  • MICHAEL CAPESIUS

    VICE CHAIRMA

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1
  • ANDY MURRAY

    CHAIRMAN

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1
  • SUSAN BUDAK

    TREASURER

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1
  • MARY KAY PRUSNICK

    SECRETARY

    Total calculated
    $0
    Compensation
    $0
    Benefit plans
    not reported
    Expense account
    not reported
    Hours/week
    1

Compensation is as filed in Part IV of the Form 990-EZ: compensation, contributions to benefit plans, expense account, 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.

Grants on this return

No itemized grants to organizations on this return.

Provenance

Return type
form_990_ez
Tax year
2023
Filed
30 April 2024
IRS schema version
2023v5.0
Source object
202441839349200809

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.