Nonprofits›Reverend Robert J Loftus Endowment And Scholarship Fund
Reverend Robert J Loftus Endowment And Scholarship Fund
MT PROSPECT, IL
Total revenue
$77K
Total expenses
$52K
Net assets
$1.1M
Grants received
—
EIN
362544845
Tax year
2024
Mission
To provide partial scholarships to families requiring financial assistance so that they may send their children to saint raymond school, which is a private catholic school.
Programs
1 program
The robert j. Loftus endowment & scholarship fund contributed $14,125 to the teachers of st. Raymond school to enhance their annual compensation in order to partially bridge the gap between pay from public school teachers and private school teachers.
Expenses: $23K
Financials
FY 2024
Revenue
Contributions & grants$37K
Program service revenue—
Investment income$37K
Other revenue$2K
Total revenue$77K
Expenses
Grants paid$46K
Salaries & benefits—
Fundraising—
Other expenses$6K
Total expenses$52K
Total assets$1.1M
Net assets$1.1M
People
5 listed
NameRoleCompensation
JAMES MCGOUGH
PRESIDENT/DIRECTOR
Board
—
1 hrs/wk
KYMM RECHT
TREASURER/DIRECTOR
Board
—
2 hrs/wk
DEBRA R LESTER
BOARD MEMBER
Board
—
1 hrs/wk
DONALD BURKE
DIRECTOR
Board
—
3 hrs/wk
LIBBY BULLOCK
DIRECTOR
Board
—
1 hrs/wk
Details
EIN362544845
Subsection03
Ruling date2021-01
Formed1987
Employees0
Volunteers7