Program areas at Foundation for the Educational Development of Children
The Foundation sets The investment policy and manages The investments of The endowment. The growth in these investments and sound investment management allows for more funding for strategic initiatives.
The Foundation owns fedc holdings, a disregarded entity, which owns The real estate holdings for The schools. Both schools operate in The buildings owned by fedc holdings.
The Foundation supports The operations of The sonia shankman orthogenic school, The hyde park day schools, and any of The other programs they operate, providing funding for special projects, strategic initiatives and funds cash flow needs when required.
Grants made by Foundation for the Educational Development of Children
Personnel at Foundation for the Educational Development of Children
| Name | Title | Compensation | Date of data |
|---|
| Abby Simon | Chief Financial Officer and Executive Director | $193,010 | 2024-02-08 |
| Scott McDonald | Chair | $0 | 2023-06-30 |
| Adam Steinback | Vice Chair | $0 | 2023-06-30 |
| Janet Goelz Hoffman | Secretary and Treasurer | $0 | 2023-06-30 |
| Jim Steinback | Chair | $0 | 2022-06-30 |
| ...and 2 more key personnel |
Financials for Foundation for the Educational Development of Children
| Revenues | FYE 06/2023 | FYE 06/2022 | % Change |
|---|
| Total grants, contributions, etc. | $45,000 | $20,400 | 120.6% |
| Program services | $0 | $0 | - |
| Investment income and dividends | $1,371,567 | $427,968 | 220.5% |
| Tax-exempt bond proceeds | $0 | $0 | - |
| Royalty revenue | $0 | $0 | - |
| Net rental income | $0 | $0 | - |
| Net gain from sale of non-inventory assets | $550,793 | $-1,698,362 | 132.4% |
| Net income from fundraising events | $0 | $0 | - |
| Net income from gaming activities | $0 | $0 | - |
| Net income from sales of inventory | $0 | $0 | - |
| Miscellaneous revenues | $0 | $0 | - |
| Total revenues | $1,967,360 | $-1,249,994 | 257.4% |
Organizations like Foundation for the Educational Development of Children
| Organization | Type | Location | Revenue |
|---|
| SCSDB Foundation | 501(c)(3) | Spartanburg, SC | $1,152,885 |
| June F Shelton Legacy Foundation | 501(c)(3) | Dallas, TX | $892,540 |
| Beverly Farm Endowment Fund | 501(c)(3) | Godfrey, IL | $1,278,152 |
| Njea Frederick L Hipp Foundation for Excellence in Education | 501(c)(3) | Trenton, NJ | $726,288 |
| Bronx Community College Foundation | 501(c)(3) | Bronx, NY | $825,205 |
| Friends of NCSH | 501(c)(3) | New York, NY | $4,211,363 |
| Spring Valley School Foundation | 501(c)(3) | Birmingham, AL | $3,443,688 |
| North Carolina School for the Deaf at Morganton Foundation | 501(c)(3) | Morganton, NC | $1,330,418 |
| Valley SCH of Ligonier End Fund | 501(c)(3) | Pittsburgh, PA | $1,055,037 |
| Foundation for Educational and Developmental Opportunity Morrison School | 501(c)(3) | Bristol, VA | $1,520,982 |
Data update history
June 17, 2023
Posted financials
Added Form 990 for fiscal year 2022
June 15, 2023
Updated personnel
Identified 3 new personnel
June 12, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 21, 2021
Posted financials
Added Form 990 for fiscal year 2019
June 30, 2021
Posted financials
Added Form 990 for fiscal year 2020
Nonprofit Types
Grantmaking organizationsSchoolsChapter / child organizationsCharities
Issues
Education
Characteristics
Provides grantsState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
- Address
- 6254 S Ellis Ave
- Chicago, IL 60637
- Metro area
- Chicago-Naperville-Elgin, IL-IN-WI
- County
- Cook County, IL
- Phone
- (773) 420-2883
IRS details
- EIN
- 36-6083633
- Fiscal year end
- June
- Taxreturn type
- Form 990
- Year formed
- 1944
- Eligible to receive tax-deductible contributions (Pub 78)
- Yes
Categorization
- NTEE code, primary
- B28: Special Education Institutions, Programs
- NAICS code, primary
- 813211: Grantmaking Foundations
- Parent/child status
- Subordinate organization
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