NonprofitsChicago Scholars Foundation

Education

Chicago Scholars Foundation

CHICAGO, IL

Total revenue

$6.5M

Total expenses

$7.6M

Net assets

$9.4M

Grants received

$16.0M

165 grants

EIN

364117530

Tax year

2023

Mission

We uniquely select, train, & mentor academically ambitious students from under-resourced communities to complete college & become the next generation of leaders who will transform their neighborhoods & our city.

Programs

1 program

In may 2024, chicago scholars transitioned its single member limited liability company, reach pathways, llc (reach) to a multi-member low-profit limited liability company (l3c), with the intention of expanding access to the foundation's proven curriculum to more under-resourced students through technology and generating new potential revenue opportunities to diversify the foundation's revenues. Reach is the college and career pathway for under-resourced students in an innovative technology platform. Reach connects students with colleges and companies.

Expenses: $714K

Financials

FY 2023

Revenue

Contributions & grants$6.1M
Program service revenue$314K
Investment income$122K
Other revenue
Total revenue$6.5M

Expenses

Grants paid$250K
Salaries & benefits$5.1M
Fundraising$1.1M
Other expenses$2.2M
Total expenses$7.6M
Total assets$11.1M
Net assets$9.4M

People

35 listed

NameRoleCompensation

JEFFERY BECKHAM JR

CEO

Board

$211K

32 hrs/wk

BROOKE MCKEAN

PRESIDENT

Board

$173K

32 hrs/wk

KRIS CAREY

CHAIR

Board

3 hrs/wk

DAN HOFFENKAMP

DIRECTOR

Board

3 hrs/wk

KOURTNEY GIBSON

DIRECTOR

Board

3 hrs/wk

GIRISH KASHYAP

DIRECTOR

Board

3 hrs/wk

GREG KRANIAS

DIRECTOR

Board

3 hrs/wk

KATHERINE MANN

CHAIR, DEVELOPMENT

Board

3 hrs/wk

JOEY LANSING

TREASURER

Board

3 hrs/wk

GARY CAPLAN

FOUNDERS COUNCIL

Board

3 hrs/wk

MARIA LIN

CHAIR, HUMAN RESOURCES

Board

3 hrs/wk

NISAINI REXACH

DIRECTOR

Board

3 hrs/wk

WILL RICHIE

DIRECTOR

Board

3 hrs/wk

TIM SCHWERTFEGER

DIRECTOR - FOUNDERS COUNCI

Board

3 hrs/wk

MANNY SANCHEZ

DIRECTOR - FOUNDERS COUNCI

Board

3 hrs/wk

SUZY KAHN WEINBERG

DIRECTOR

Board

3 hrs/wk

REX SESSIONS

DIRECTOR

Board

3 hrs/wk

SUZANNE SHIER

SECRETARY,

Board

3 hrs/wk

BRIAN SIMS

DIRECTOR

Board

3 hrs/wk

KATHRYN THOMAS

DIRECTOR

Board

3 hrs/wk

CARL TANNENBAUM

DIRECTOR

Board

3 hrs/wk

NATE ULERY

VICE CHAIR

Board

3 hrs/wk

DV WILLIAMS

DIRECTOR

Board

3 hrs/wk

KRISTIN WOLF

DIRECTOR

Board

3 hrs/wk

MARK CASSATA

DIRECTOR

Board

3 hrs/wk

OLIVER BEVAN

DIRECTOR

Board

3 hrs/wk

RAJ BHATIA

DIRECTOR

Board

3 hrs/wk

NYERERE BILLUPS

DIRECTOR

Board

3 hrs/wk

JESSE SLOVENEC

DIRECTOR

Board

3 hrs/wk

REGINALD HILL

DIRECTOR

Board

3 hrs/wk

WENDY FRIEDMAN

DIRECTOR

Board

3 hrs/wk

PAULA DANILIUC

DIRECTOR

Board

3 hrs/wk

RACHAEL CARBONE

CHIEF DEVELOPMENT & OPERATIONS OFFICER

Staff

$166K

40 hrs/wk

TAMARA POPE

VP OF PROGRAMS

Staff

$134K

40 hrs/wk

DERRICK FLEMING JR

MANAGING DIRECTOR,STRATEGI

Staff

$104K

40 hrs/wk

Grants received

Showing 165 of 165

FromAmountPurposeYear
$791K
GENERAL OPERATING SUPPORT
2024
$250K
Community Development
2024
$250K
YOUTH DEVELOPMENT AND EDUCATION
2024
$74K
To aid their exempt purpose
2024
$38K
FAFSA STUDENT SUPPORT
2024
$10K
ALIGNS WITH MISSION OF FOUNDATION
2024
$10K
GENERAL CHARITABLE
2024
$9K
UNRESTRICTED GENERAL SUPPORT
2024
$2K
General Operating Support
2024
$2K
charitable purposes
2024
$400
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$671K
GENERAL OPERATING SUPPORT
2023
$572K
General support for programs, operations and other charitable purposes
2023
$500K
TO SUPPORT COLLEGE ACCESS AND SUCCESS FOR CHICAGO STUDENTS
2023
$250K
Community Development
2023
$184K
For grant recipient's exempt purposes
2023
$100K
GENERAL OPERATING
2023
$73K
To aid their exempt purpose
2023
$73K
To aid their exempt purpose
2023
$50K
PROGRAM/OPERATING SUPPORT
2023
$50K
GENERAL SUPPORT
2023
$50K
GENERAL SUPPORT
2023
$30K
QUALITY EDUCATION
2023
$25K
Chicago Scholars are academically ambitious, first-generation college-going students who live and attend high school in Chicago. When these students persist through our seven-year program, they not only get through college - they build futures where they can truly thrive.
2023
$25K
GENERAL SUPPORT
2023
$25K
CHARITABLE DONATION
2023
$22K
HUMAN SERVICES
2023
$15K
GENERAL CHARITABLE
2023
$14K
Education and Scholarship assistance
2023
$10K
2023 EMPLOYEE COMMUNITY PARTNERSHIPS - AAWN
2023
$10K
UNRESTRICTED GENERAL SUPPORT
2023
$8K
GRANTS FROM DONOR ADVISED FUNDS- OPERATING SUPPORT
2023
$8K
Support for community organization
2023
$7K
TO MENTOR ACADEMICALLY AMBITIOUS STUDENTS FROM UNDER-RESOURCED COMMUNITIES TO COMPLETE COLLEGE
2023
$6K
To support the Emerge Summer Career & Leadership Program
2023
$6K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$3K
Program Support
2023
$1K
General & Unrestricted
2023
$1K
charitable purposes
2023
$500
General Operating Support
2023
$250
GENERAL OPERATING SUPPORT
2023
$700K
TO MENTOR ACADEMICALLY AMBITIOUS STUDENTS FROM UNDER-RESOURCED COMMUNITIES TO COMPLETE COLLEGE
2022
$634K
FOR GENERAL OPERATING SUPPORT, SPONSORSHIP
2022
$408K
General Operating Support, support for emergency funding for students enrolled in 4-year colleges/universities, support for four-year College Access and Completion for Chicago students, support for Onsite College and Leadership Forum - Bronze level (no tickets or tangible benefits), In support of The Chicago Scholars Foundation Equity for Young Men of Color Initiative
2022
$250K
Community Development
2022
$172K
For grant recipient's exempt purposes
2022
$106K
To aid their exempt purpose
2022
$100K
GENERAL OPERATING
2022
$72K
GENERAL OPERATING
2022
$50K
GENERAL SUPPORT
2022
$50K
PROGRAM/OPERATING SUPPORT
2022
$50K
GENERAL SUPPORT
2022
$26K
PUBLIC, SOCIETAL BENEFIT
2022
$25K
UNRESTRICTED CHARITABLE GIFT
2022
$25K
GENERAL SUPPORT
2022
$14K
UNRESTRICTED GENERAL SUPPORT
2022
$10K
PUBLIC CHARITY
2022
$9K
Grants from Donor Advised Funds - Operating Support
2022
$7K
ASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS
2022
$5K
GENERAL SUPPORT
2022
$5K
December Day of Service
2022
$2K
Program Support
2022
$750
GENERAL EXEMPT PURPOSE
2022
$750
General Operating Support
2022
$350
Nonprofit Leadership Center - Travel Stipend for Khadeejah Lasuc Lewis
2022
$10
GENERAL OPERATING SUPPORT
2022
$632K
To support the emergency funding needs of students who are attending 4-year colleges/universities, general operating support. To support the 4-year College Access and Completion Program. Support of the McDonald's Chicago Community Impact Grants Program. Support for Onsite 2022 - Bronze level (no tickets or tangible benefits). To support Emergency Needs of students enrolled in four-year college/university. In support of Chicago Scholars Enhanced Services for Young Men of Color.
2021
$632K
To support the emergency funding needs of students who are attending 4-year colleges/universities, general operating support. To support the 4-year College Access and Completion Program. Support of the McDonald's Chicago Community Impact Grants Program. Support for Onsite 2022 - Bronze level (no tickets or tangible benefits). To support Emergency Needs of students enrolled in four-year college/university. In support of Chicago Scholars Enhanced Services for Young Men of Color.
2021
$250K
Community Development
2021
$165K
For grant recipient's exempt purposes
2021
$165K
For grant recipient's exempt purposes
2021
$105K
For recipient's exempt purpose
2021
$91K
Grants from Donor Advised Funds - Operating Support
2021
$52K
GENERAL SUPPORT
2021
$29K
CAPACITY BUILDING/GENERAL SUPPORT
2021
$24K
GENERAL SUPPORT
2021
$16K
PUBLIC, SOCIETAL BENEFIT
2021
$8K
ASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS
2021
$5K
GENERAL CHARITABLE
2021
$425K
FOR GENERAL OPERATING SUPPORT
2020
$400K
GENERAL OPERAITNG SUPPORT
2020
$312K
TO SUPPORT SWING FOR SCHOLAR, COLLEGE ACCESS AND COMPLETION, CHICAGO SCHOLARS, AND GENERAL OPERATING SUPPORT
2020
$275K
Community Development
2020
$100K
GENERAL OPERATING
2020
$55K
COVID Relief and Event Sponsorship
2020
$50K
General Support
2020
$47K
To aid their exempt purpose
2020
$25K
Education
2020
$23K
For grant recipient's exempt purposes
2020
$20K
PROGRAM SUPPORT
2020
$12K
Grants from Donor Advised Funds - Operating Support
2020
$6K
ASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS
2020
$5K
PROGRAM SUPPORT
2020
$4K
DISOLUTION OF PASS WITH FLYING COLORS INC.
2020
$2K
GENERAL CHARITABLE
2020
$2K
in support of general operations.
2020
$250K
General Support
2019
$106K
TO SUPPORT THE CHICAGO COLLEGE ACCESS AND COMPLETION PROGRAM
2019
$21K
For grant recipient's exempt purposes
2019
$12K
Grants from Donor Advised Funds - Operating Support
2019
$10K
GENERAL SUPPORT
2019
$250K
General Support
2018
$150K
GENERAL OPERATIONS
2018
$120K
GENERAL OPERATING SUPPORT
2018
$65K
For grant recipient's exempt purposes
2018
$15K
PROGRAM/OPERATING SUPPORT
2018
$11K
Grants from Donor Advised Funds - Operating Support
2018
$10K
General & Unrestricted
2018
$7K
Event Sponsorship and General Support
2018
$5K
ASSIST OTHER CHARITABLE ORGANIZATIONS IN THEIR PHILANTHROPIC EFFORTS
2018
$50
Matching Grant
2018
$250K
General Support
2017
$112K
GENERAL OPERATING SUPPORT
2017
$26K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017
$20K
Education for city youth
2017
$6K
Grants from Donor Advised Funds - Operating Support
2017

Funded by

$16.0M from 69 funders · 165 grants · 2017–2024

The Chicago Community Trust

$2.9M · 8 grants · 2017–2023

Robert R Mccormick Foundation

$2.5M · 4 grants · 2020–2024

Best Portion Foundation

$2.4M · 6 grants · 2018–2024

A Better Chicago

$1.3M · 5 grants · 2020–2024

Fidelity Investments Charitable Gift Fund

$820K · 8 grants · 2017–2023

Fulk Family Foundation Inc

$750K · 3 grants · 2017–2019

Balyasny Foundation Inc

$708K · 2 grants · 2022–2023

Crankstart Foundation

$500K · 1 grant · 2023

Details

EIN364117530
NTEE codeB80
Subsection03
Ruling date1997-03
Formed1996
Employees125
Volunteers934
CHICAGO SCHOLARS FOUNDATION — Mission, Financials & Grants Received | Grantivo