NonprofitsGerman American Apprenticeship & Education Foundation

Education

German American Apprenticeship & Education Foundation

CHICAGO, IL

Total revenue

$78K

Total expenses

$20K

Net assets

$563K

Grants received

$500K

1 grants

EIN

384288542

Tax year

2024

Mission

The aim of the foundation is to support the creation and expansion of high-quality apprenticeship pathways and related education in the united states. Apprenticeship is a proven equitable solution providing a pathway to careers for all, especially enabling youth, veterans, and diverse populations to benefit from high-paying and fulfilling career opportunities without taking on debt often associated with higher education. Leveraging knowledge gained from experience with apprenticeships in germany, the foundation is dedicated to supporting their expansion in the united states and fostering opportunities for exchanging knowhow between stakeholders in both countries to further educational opportunities related to apprenticeship. The foundation supports a variety of initiatives to enable the growth of apprenticeships and related educational pathways including providing knowhow and resources to educational institutions, intermediaries, non-profits, government bodies, companies, individuals,

Financials

FY 2024

Revenue

Contributions & grants$4K
Program service revenue$74K
Investment income$29
Other revenue
Total revenue$78K

Expenses

Grants paid
Salaries & benefits
Fundraising
Other expenses$20K
Total expenses$20K
Total assets$583K
Net assets$563K

People

8 listed

NameRoleCompensation

PETER RIEHLE

CHAIRMAN

Board

2 hrs/wk

MARK TOMKINS

PRESIDENT

Board

2 hrs/wk

MARIO KRATSCH

SECRETARY

Board

2 hrs/wk

MATT WALLACE

TREASURER

Board

2 hrs/wk

AMY CHAMOUN

DIRECTOR

Board

1 hrs/wk

STEFAN HEFFNER

DIRECTOR

Board

1 hrs/wk

MATTHIAS RISTOW

DIRECTOR

Board

1 hrs/wk

WES SABER

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 1 of 1

FromAmountPurposeYear

Funded by

$500K from 1 funder · 1 grant · 2023

German American Chamber Of Commerce

$500K · 1 grant · 2023

Details

EIN384288542
NTEE codeB12
Subsection03
Ruling date2024-04
Formed2023
Employees0
GERMAN AMERICAN APPRENTICESHIP & EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo