NonprofitsEducation Equity Fund Nfp

Education Equity Fund Nfp

CHICAGO, IL

Total revenue

$26K

Total expenses

$40K

Net assets

$9K

Grants received

$82K

5 grants

EIN

851138259

Tax year

2023

Mission

Mission is meeting critical labor market needs and expanding equitable opportunities for people of color and low-income/first generation students. Education Equity Fund expands post-secondary educational opportunities and supports success in high-quality career-preparation programs. The goal of EEF is to enable students to pursue a chosen career path in a high-need profession. Initially EEF supports a diverse group of high-potential, lower-income and first-generation candidates who require financial assistance so they may enroll in and complete excellent training and degree programs in preparation for success as K-12 educators.

Financials

FY 2023

Revenue

Contributions & grants$65K
Program service revenue
Investment income$1K
Other revenue
Total revenue$26K

Expenses

Grants paid$2K
Salaries & benefits
Fundraising
Other expenses$27K
Total expenses$40K
Total assets$444K
Net assets$9K

People

8 listed

NameRoleCompensation

Andy Davis

President

Board

20 hrs/wk

Anne Ladky

Chair

Board

1 hrs/wk

Christian Feaman

Chair

Board

2 hrs/wk

John Kato

Treasurer

Board

1 hrs/wk

Jill Cannon

Secretary

Board

1 hrs/wk

Steve Fisher

Board Member

Board

1 hrs/wk

Efrain Martinez

Board Member

Board

1 hrs/wk

Stratford Shields

Board Member

Board

1 hrs/wk

Grants received

Showing 5 of 5

FromAmountPurposeYear
$15K
Grants made at the discretion of Board Members to qualified publicly-supported charities
2023
$26K
For grant recipient's exempt purposes
2021
$26K
For grant recipient's exempt purposes
2021
$10K
GENERAL OPERATING SUPPORT
2020

Funded by

$82K from 4 funders · 5 grants · 2020–2023

The Coleman Foundation Inc

$15K · 1 grant · 2023

The Chicago Community Trust

$10K · 1 grant · 2020

Paypal Charitable Giving Fund

$5K · 1 grant · 2023

Details

EIN851138259
Subsection03
Ruling date2021-02
EDUCATION EQUITY FUND NFP — Mission, Financials & Grants Received | Grantivo