NonprofitsFoundatin For The Educational Development Of Children

Public Foundations

Foundatin For The Educational Development Of Children

CHICAGO, IL

Total revenue

$2.3M

Total expenses

$1.0M

Net assets

$42.9M

Grants received

EIN

366083633

Tax year

2023

Mission

Supports the orthogenic school and hyde park day school though its investments and real estate.

Programs

1 program

The foundation sets the investment policy and manages the investments of the endowment. The growth in these investments and sound investment management allows for more funding for strategic initiatives.the foundation supports the operations of the sonia shankman orthogenic school, the hyde park day schools, and any of the other programs they operate, providing funding for special projects, strategic initiatives and funds cash flow needs when required.

Expenses: $250KGrants: $250K

Financials

FY 2023

Revenue

Contributions & grants
Program service revenue
Investment income$2.3M
Other revenue
Total revenue$2.3M

Expenses

Grants paid$250K
Salaries & benefits
Fundraising
Other expenses$789K
Total expenses$1.0M
Total assets$42.9M
Net assets$42.9M

People

6 listed

NameRoleCompensation

SCOTT MCDONALD

CHAIR

Board

1 hrs/wk

ADAM STEINBACK

VICE CHAIR

Board

2 hrs/wk

JANET GOELZ HOFFMAN

SECRETARY & TREASURER

Board

2 hrs/wk

LENNY ASARO

DIRECTOR

Board

1 hrs/wk

DAVID KURTZ

DIRECTOR - UNTIL 08/23

Board

1 hrs/wk

ABBY SIMON

CFO & EXECUTIVE DIRECTOR

Board

1 hrs/wk

Details

EIN366083633
NTEE codeT30
Subsection03
Ruling date2006-05
Formed1944
Employees0
Volunteers5
FOUNDATIN FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN — Mission, Financials & Grants Received | Grantivo