NonprofitsRock Island-Milan Education Foundation

Rock Island-Milan Education Foundation

ROCK ISLAND, IL

Total revenue

$1.3M

Total expenses

$672K

Net assets

$4.7M

Grants received

$640K

37 grants

EIN

363504459

Tax year

2024

Mission

To solicit funds from the general public to provide support for rock island - milan school district graduating students through scholarships and provide support to rock island-milan school district teachers with teacher assistance grants.

Financials

FY 2024

Revenue

Contributions & grants$813K
Program service revenue
Investment income$488K
Other revenue
Total revenue$1.3M

Expenses

Grants paid$497K
Salaries & benefits$73K
Fundraising
Other expenses$103K
Total expenses$672K
Total assets$4.7M
Net assets$4.7M

People

13 listed

NameRoleCompensation

MONTA PONSETTO

Executive Dir.

Board

$68K

40 hrs/wk

BOB SWANSON

Director

Board

1 hrs/wk

DR BRYAN BLEW

President

Board

1 hrs/wk

ZACH EDWARDS

Vice President

Board

1 hrs/wk

DOUG HULTQUIST

Director

Board

1 hrs/wk

IAN FRINK

Director

Board

1 hrs/wk

RACHEL GUSTAFSON

Director

Board

1 hrs/wk

BARB CADY

President

Board

1 hrs/wk

CHRIS ELSBURG

Director

Board

1 hrs/wk

ERIC ROWELL

Director

Board

1 hrs/wk

SHELLE SHOWALTER

Treasurer

Board

2 hrs/wk

STEVE ANDICH

Secretary

Board

1 hrs/wk

LASHANTA WILLIAMS

Director

Board

1 hrs/wk

Grants received

Showing 37 of 37

FromAmountPurposeYear
$41K
RAISES FUNDS TO ASSIST WITH FINANCIAL NEEDS OF THE ROCK ISLAND-MILAN SCHOOL DISTRICT TO ENHANCE THE ACADEMIC OPPORTUNITIES FOR STUDENT SUCCESS.
2023
$21K
FOR RECIPIENT'S EXEMPT PURPOSE
2023
$12K
For grant recipient's exempt purposes
2023
$8K
SUPPORTS EDUCATION
2023
$750
GENERAL SUPPORT
2023
$500
GENERAL OPERATING EXPENSES
2023
$500
OPERATING NEEDS
2023
$38K
RAISES FUNDS TO ASSIST WITH FINANCIAL NEEDS OF THE ROCK ISLAND-MILAN SCHOOL DISTRICT TO ENHANCE THE ACADEMIC OPPORTUNITIES FOR STUDENT SUCCESS.
2022
$21K
For grant recipient's exempt purposes
2022
$15K
GENERAL SUPPORT
2022
$6K
GENERAL SUPPORT
2022
$6K
GENERAL SUPPORT
2022
$500
GENERAL OPERATING EXPENSES
2022
$500
Education Non Muscatine
2022
$250
GENERAL OPERATING SUPPORT
2022
$136K
RAISES FUNDS TO ASSIST WITH FINANCIAL NEEDS OF THE ROCK ISLAND-MILAN SCHOOL DISTRICT TO ENHANCE THE ACADEMIC OPPORTUNITIES FOR STUDENT SUCCESS.
2021
$500
GENERAL OPERATING EXPENSES
2021
$31K
For grant recipient's exempt purposes
2020
$27K
RAISES FUNDS TO ASSIST WITH FINANCIAL NEEDS OF THE ROCK ISLAND-MILAN SCHOOL DISTRICT TO ENHANCE THE ACADEMIC OPPORTUNITIES FOR STUDENT SUCCESS.
2020
$5K
SUPPORTS EDUCATION
2020
$1K
GENERAL SUPPORT
2020
$500
GENERAL OPERATING EXPENSES
2020
$55K
For grant recipient's exempt purposes
2019
$24K
RAISES FUNDS TO ASSIST WITH FINANCIAL NEEDS OF THE ROCK ISLAND-MILAN SCHOOL DISTRICT TO ENHANCE THE ACADEMIC OPPORTUNITIES FOR STUDENT SUCCESS.
2019
$5K
SUPPORTS EDUCATION
2019
$13K
RAISES FUNDS TO ASSIST WITH FINANCIAL NEEDS OF THE ROCK ISLAND-MILAN SCHOOL DISTRICT TO ENHANCE THE ACADEMIC OPPORTUNITIES FOR STUDENT SUCCESS.
2018
$11K
For grant recipient's exempt purposes
2018
$500
GENERAL OPERATING EXPENSES
2018
$250
GENERAL OPERATING BUDGET
2018
$13K
SCHOLARSHIPS, STUDENT FINANCIAL AID, AWARDS
2017
$11K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$640K from 17 funders · 37 grants · 2017–2024

Quad Cities Golf Classic Charitable

$292K · 7 grants · 2017–2023

Fidelity Investments Charitable Gift Fund

$141K · 6 grants · 2017–2023

American Endowment Foundation

$51K · 2 grants · 2022–2024

National Philanthropic Trust

$50K · 1 grant · 2021

The Rock Island Community Foundation

$18K · 3 grants · 2019–2023

Spartanburg County Foundation

$15K · 1 grant · 2022

Details

EIN363504459
Subsection03
Ruling date1994-03
Formed1986
Employees1
Volunteers13
ROCK ISLAND-MILAN EDUCATION FOUNDATION — Mission, Financials & Grants Received | Grantivo