Northeastern Illinois University Foundation

Organization Overview

Northeastern Illinois University Foundation is located in Chicago, IL. The organization was established in 1969. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northeastern Illinois University Foundation is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 06/2022, Northeastern Illinois University Foundation generated $3.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $2.2m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

THE FOUNDATION'S PRIMARY FUNCTION IS TO DEVELOP PRIVATE SUPPORT ON BEHALF OF THE UNIVERSITY.TO PROMOTE THE UNIVERSITY'S MISSION AND TO RECEIVE AND ADMINISTER CONTRIBUTIONS. IN THIS WAY, THE FOUNDATION PLAYS A VITAL ROLE IN ENSURING THAT THE UNIVERSITY REMAINS HIGHLY AFFORDABLE, WHILE RETAINING THE HIGHEST ACADEMIC STANDARDS. PRIVATE CONTRIBUTIONS, WHEN ADDED TO STATE RESOURCES, ADD AN EXTRA DIMENSION OF SUPPORT THAT OTHERWISE WOULD NOT BE POSSIBLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDED THE FOLLOWING SUPPORT TO NORTHEASTERN ILLINOISUNIVERSITY DURING THE FISCAL YEAR ENDED JUNE 30, 2022: 1) THE NEIUFOUNDATION RAISED $2,311,289 IN CONTRIBUTIONS AND GRANTS, OF WHICH$567,155 WERE RESTRICTED TO THE FOUNDATION'S ENDOWMENT TO BENEFITFUTURE STUDENTS AND UNIVERSITY OPERATIONS, INCLUDING ACADEMIC ANDCULTURAL PROGRAMS, COLLEGES, DEPARTMENTS AND OTHER UNITS; 2) THE NEIUFOUNDATION PROVIDED A TOTAL OF $960,278 TO THE UNIVERSITY, WHICHINCLUDED $226,093 FOR THE SUPPORT OF VARIOUS ACADEMIC, GRANT, ANDINSITUTIONAL ACTIVITIES AND $1,271,239 FOR SCHOLARSHIPS TO STUDENTS, SOMEOF WHOM WOULD NOT OTHERWISE BE ABLE TO BENEFIT FROM THE EXCELLENTEDUCATION AVAILABLE AT NORTHEASTERN ILLINOIS UNIVERSITY. MOSTNORTHEASTERN STUDENTS (70%) RECEIVE FINANCIAL AID OF SOME KIND, AND A CRITICAL PART OF THIS SUPPORT COMES FROM PRIVATE DONATIONS.


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Board, Officers & Key Employees

Name (title)Compensation
John Roskopf
President
$0
Lawrence P Frank
Vice President
$0
Mark Van Ausdal
Secretary
$0
Kenn Ashley
Treasurer
$0
Liesl Downey
Executive Director
$0
Rodrigo Garcia
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$8,939
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$2,889,502
Noncash contributions included in lines 1a–1f $30,605
Total Revenue from Contributions, Gifts, Grants & Similar$2,898,441
Total Program Service Revenue$38,168
Investment income $610,609
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $133,138
Net Income from Fundraising Events -$6,174
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,684,372

Grants Awarded

Over the last fiscal year, Northeastern Illinois University Foundation has awarded $702,783 in support to 2 organizations.

Grant RecipientAmount

NORTHEASTERN ILLINOIS UNIVERSITY

Org PageRecipient Profile

Chicago, IL

PURPOSE: TO SUPPORT THE UNIVERSITY'S MISSION IN PROVIDING PROGRAM ASSISTANCE USING DONOR FUNDS

$602,207

Chicago, IL

PURPOSE: TO SUPPORT RESIDENT NFP DANCE COMPANY'S MISSION

$100,576
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 22 grants that Northeastern Illinois University Foundation has recieved totaling $2,551,652.

Awarding OrganizationAmount
John D & Catherine T Macarthur Foundation

Chicago, IL

PURPOSE: FOR FLEXIBLE SUPPORT OF ITS PROJECT, THE TRUTH TELLING PROJECT.

$750,000
John D & Catherine T Macarthur Foundation

Chicago, IL

PURPOSE: FOR FLEXIBLE SUPPORT OF ITS PROJECT THE TRUTH TELLING PROJECT

$750,000
John D & Catherine T Macarthur Foundation

Chicago, IL

PURPOSE: FOR FLEXIBLE SUPPORT OF ITS PROJECT, THE TRUTH TELLING PROJECT.

$750,000
Lay Family Foundation

Warson Woods, MO

PURPOSE: GENERAL SUPPORT

$51,139
Spencer Foundation

Chicago, IL

PURPOSE: MAPPING THE INTERSECTIONS OF POST-SECONDARY EDUCATION / INCARCERATION

$50,000
Zakat Foundation Of America

Worth, IL

PURPOSE: EDUCATION

$48,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$17,964,910
Earnings-$2,639,716
Admin Expense$110,975
Net Contributions$609,170
Grants$259,605
Ending Balance$15,563,784

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