Program areas at Depaul College Prep Foundation
Program service: educational resourcesdepaul College Prep Foundation entered into a loan with the Illinois finance authority which issued bonds on behalf of the Foundation. The proceeds of the bonds were mainly used to repay the debt from the purchase of the campus in 2019 and to finance the costs of building a new academic building on the campus, including 19 classrooms, a new dining hall, and 2 science labs. Expenses also include interest on the debt that was repaid during the year, interest on the loan with the Illinois finance authority, and depreciation.
Program service: endowment for educational purposecontributions to Depaul College Prep Foundation are partially to grow the endowment to be used for educational purposes. The endowment fund will fund both scholarships to students who attend Depaul College Prep and professional development for the faculty at Depaul College Prep.
Who funds Depaul College Prep Foundation
Grants from foundations and other nonprofits
Personnel at Depaul College Prep Foundation
| Name | Title | Compensation | Date of data |
|---|
| Mary Dempsey | President | $0 | 2024-04-15 |
| Robert Karpinski | Treasurer | $0 | 2023-06-30 |
Financials for Depaul College Prep Foundation
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $1,688,681 | $2,866,381 | -41.1% |
| Program services | $2,660,926 | $1,872,000 | 42.1% |
| Investment income and dividends | $96,133 | $62,424 | 54% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $-68,208 | $1,280 | -5428.7% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $24,061 | $0 | 999% |
| Total revenues | $4,401,593 | $4,802,085 | -8.3% |
Organizations like Depaul College Prep Foundation
| Organization | Type | Location | Revenue |
|---|
| Southwest Wisconsin Technical College Foundation | 501(c)(3) | Fennimore, WI | $1,235,051 |
| Morrisville College Foundation | 501(c)(3) | Morrisville, NY | $6,055,649 |
| The College of Western Idaho Foundation | 501(c)(3) | Nampa, ID | $1,325,913 |
| ICUT Foundation | 501(c)(3) | Austin, TX | $1,809,224 |
| California Restaurant Foundation | 501(c)(3) | Sacramento, CA | $3,205,829 |
| The CCDS Foundation | 501(c)(3) | Cincinnati, OH | $1,899,599 |
| The Univ of Montana-Western Foundation | 501(c)(3) | Dillon, MT | $2,587,060 |
| Alfred State College Development Fund | 501(c)(3) | Alfred, NY | $2,452,138 |
| Bellingham Technical College Foundation | 501(c)(3) | Bellingham, WA | $2,552,119 |
| City Colleges of Chicago Foundation | 501(c)(3) | Chicago, IL | $6,193,998 |
Data update history
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
- Address
- 3333 N Rockwell St
- Chicago, IL 60618
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Cook County, IL
- Phone
- (773) 539-3600
IRS details
- EIN
- 81-4516326
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 2016
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B82: Scholarships, Student Financial Aid Services
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Independent
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