NonprofitsFoundry Educational Foundation

Foundry Educational Foundation

SCHAUMBURG, IL

Total revenue

$2.4M

Total expenses

$2.6M

Net assets

$12.7M

Grants received

$826K

62 grants

EIN

340714666

Tax year

2024

Mission

Foundry educational foundation strenghtens the metal casting industry by supporting unique partnerships among students, educators, and industry, helping today's students become tomorrow's leaders.

Programs

1 program

FEF's college industry conference (CIC) is the metalcasting industry's premier career fair and peer engagement annual event bringing together 200 industry leaders and 100 top achieving students. the conference promotes young talent from fef member post-secondary institutions toward career opportunities in the metalcasting industry. the goal is to solidify the student's interest in metalcasting while meeting partner company's needs for top technical talent. each year of $60,000 is awarded in scholarships during the awards luncheon to the best-of-the-best students. the cic scholarship funds are from nearly thirty specially established endowments for the specific purpose of recognizing those students destined for future leadership in the metalcasting industry.

Expenses: $263K

Financials

FY 2024

Revenue

Contributions & grants$1.4M
Program service revenue$231K
Investment income$736K
Other revenue
Total revenue$2.4M

Expenses

Grants paid$1.1M
Salaries & benefits$687K
Fundraising$172K
Other expenses$774K
Total expenses$2.6M
Total assets$12.7M
Net assets$12.7M

People

45 listed

NameRoleCompensation

BRIAN LEWIS

Executive Dir.

Board

$173K

40 hrs/wk

RYAN BRATTRUD

Director

Board

1 hrs/wk

LES BROWN thru 425

Director

Board

1 hrs/wk

TOM DEMPSEY

Treasurer

Board

1 hrs/wk

JASON GUTIERREZ

President

Board

1 hrs/wk

JOHNNY HILL

Director

Board

1 hrs/wk

PETER KIM

Director

Board

1 hrs/wk

DAVID CLARK thru 425

Director

Board

1 hrs/wk

PAUL HUFFMAN

Director

Board

1 hrs/wk

JACOB JOHNSON

Director

Board

1 hrs/wk

SANDY CALABRESE JOINED 425

Director

Board

1 hrs/wk

PHIL EATHERTON JOINED 425

Director

Board

1 hrs/wk

MATTHEW HLADKI JOINED 425

Director

Board

1 hrs/wk

WIL TINKER THRU 425

Director

Board

1 hrs/wk

JOE COSTABILE THRU 425

Director

Board

1 hrs/wk

CHRIS FETTERS THRU 425

Director

Board

1 hrs/wk

KELLEY KERNS

Director

Board

1 hrs/wk

JIM KUNDRATIC

Vice President

Board

1 hrs/wk

EVAN LETOURNEAU

Director

Board

1 hrs/wk

COREY JARVIS JOINED 425

Director

Board

1 hrs/wk

BEN HUNSICKER THRU 425

Director

Board

1 hrs/wk

MIKE KAMIN JOINE 425

Director

Board

1 hrs/wk

JOHN KEOUGH THRU 425

Director

Board

1 hrs/wk

STEVE SIKORSKI THRU 425

Director

Board

1 hrs/wk

BRAD OHLRICH

Director

Board

1 hrs/wk

Maureen P Lynn

Secretary

Board

1 hrs/wk

BRANDON KRUSE

Director

Board

1 hrs/wk

MADDIE SMITH

Director

Board

1 hrs/wk

JON POLLARD

Director

Board

1 hrs/wk

KRAMER PURSELL

Director

Board

1 hrs/wk

JOEY LEONARD

Director

Board

1 hrs/wk

ANDY SHEA

Director

Board

1 hrs/wk

LIBBY RYDER

Director

Board

1 hrs/wk

MIKE PETRUS

PAST PRESIDENT

Board

1 hrs/wk

JERRY THIEL

Director

Board

1 hrs/wk

MICHAEL MEYER THRU 425

Director

Board

1 hrs/wk

JIM WENSON

Director

Board

1 hrs/wk

TYLER ECK

Director

Board

1 hrs/wk

DOUG IMRIE

Director

Board

1 hrs/wk

SCOTT ZANDARSKI

Director

Board

1 hrs/wk

DAVID FLETCHER

Director

Board

1 hrs/wk

ERIC HANSON

Director

Board

1 hrs/wk

LIZETH MEDINA

Vice President

Board

1 hrs/wk

TRENT PEARSON

Director

Board

1 hrs/wk

REECE RAGSDALE

Director

Board

1 hrs/wk

Grants received

Showing 62 of 62

FromAmountPurposeYear
$30K
RESOURCES TO METALCASTING PROGRAMS
2024
$30K
OPERATIONS
2024
$10K
MISSION SUPPORT FOR STUDENTS AND PROGRAMS
2024
$10K
DETROIT WINDSOR CHAPTER PAST CHAIR 505 FUND
2024
$10K
PROMOTE STEEL CASTING INDUSTRY
2024
$445
GENERAL SUPPORT
2024
$35K
RESOURCES TO METALCASTING PROGRAMS
2023
$35K
For grant recipient's exempt purposes
2023
$30K
OPERATIONS
2023
$10K
core mission support for students and programs
2023
$10K
FOUNDRY EDUCATIONAL FOUNDATION
2023
$10K
Detroit Windsor Chapter Past Chair 505 Fund
2023
$8K
PROMOTE STEEL CASTING INDUSTRY
2023
$3K
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2023
$3K
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2023
$2K
GENERAL OPERATING SUPPORT
2023
$75
GENERAL SUPPORT
2023
$68K
OPERATIONS
2022
$32K
For grant recipient's exempt purposes
2022
$30K
RESOURCES TO METALCASTING PROGRAMS
2022
$10K
FOUNDRY EDUCATIONAL FOUNDATION
2022
$10K
Past chair fund for the Detroit Windsor chapter
2022
$5K
core mission support for students and programs in FEF network
2022
$3K
GENERAL OPERATING SUPPORT
2022
$1K
GENERAL CHARITABLE CONTRIBUTION
2022
$35K
RESOURCES TO METALCASTING PROGRAMS
2021
$31K
For grant recipient's exempt purposes
2021
$31K
For grant recipient's exempt purposes
2021
$12K
505 FUND - PAST CHAIR FUND FOR THE DETROIT-WINDSOR CHAPTER
2021
$10K
2022 FEF AFS SUPPORT
2021
$1K
GENERAL CHARITABLE CONTRIBUTION
2021
$30K
OPERATIONS
2020
$30K
RESOURCES TO METALCASTING PROGRAMS
2020
$30K
For grant recipient's exempt purposes
2020
$10K
2020 CONTRIBUTION
2020
$10K
General & Unrestricted
2020
$3K
ASSIST ORGANIZATIONS WITH ITS NEEDS AND GOALS
2020
$1K
GENERAL CHARITABLE CONTRIBUTION
2020
$1K
2020 MATCHING GIFT
2020
$250
GENERAL SUPPORT
2020
$8K
For grant recipient's exempt purposes
2019
$18K
RESOURCES TO METALCASTING PROGRAMS
2018
$15K
Past Chair Fund for the Detroit-Windsor Chapter
2018
$10K
ANNUAL SCHOLARSHIP FUND
2018
$6K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$826K from 16 funders · 62 grants · 2017–2024

Keough Family Foundation

$178K · 6 grants · 2018–2024

Fidelity Investments Charitable Gift Fund

$172K · 7 grants · 2017–2023

American Gift Fund

$158K · 4 grants · 2020–2024

Donor Advised Charitable Giving Inc

$70K · 4 grants · 2017–2022

AP Smith Scholarship Fund

$67K · 6 grants · 2018–2024

American Online Giving Foundation Inc

$47K · 4 grants · 2021–2024

Air Products Foundation

$30K · 3 grants · 2021–2023

Howmet Aerospace Foundation

$25K · 3 grants · 2022–2024

Details

EIN340714666
Subsection03
Ruling date1958-10
Formed1947
Employees5
Volunteers36
FOUNDRY EDUCATIONAL FOUNDATION — Mission, Financials & Grants Received | Grantivo