Evans Scholars Foundation
- Assets
- $101.9m
- Revenue
- $62.6m
- Investments
- $0.0
- Employees
- 74
- Location
- Glenview, IL
- Founding
- 09/1976
- Data as of
- 12/2021
- EIN
- 36-2518129
Organization Overview
Evans Scholars Foundation is located in Glenview, IL. The organization was established in 1976. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. As of 12/2021, Evans Scholars Foundation employed 74 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Evans Scholars 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 12/2021, Evans Scholars Foundation generated $62.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $36.1m during the year ending 12/2021. While expenses have increased by 6.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER EDUCATIONAL OPPORTUNITIES FOR CADDIES AND PROMOTES THE SOCIAL AND EDUCATIONAL WELFARE OF RECIPIENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES SCHOLARSHIPS AND OTHER EDUCATIONAL OPPORTUNITIES FOR CADDIES AND PROMOTES THE SOCIAL AND EDUCATIONAL WELFARE OF RECIPIENTS. IN 2021 THERE WERE APPROXIMATELY 1,070 RECIPIENTS ATTENDING 21 UNIVERSITIES RECEIVING FULL TUITION AND HOUSING. THE AWARDS ARE BASED ON STRONG CADDIE RECORD, EXCELLENT ACADEMICS, DEMONSTRATED FINANCIAL NEED, ESPECIALLY IN THE LOW- TO MODERATE-INCOME LEVEL AND OUTSTANDING CHARACTER. THE CUMULATIVE GRADE POINT AVERAGE OF THESE RECIPIENTS WAS 3.40. THE GRADUATION RATE IS 95%. THERE HAVE BEEN APPROXIMATELY 11,500 ALUMNI OF THE PROGRAM SINCE INCEPTION IN 1930. THE REVENUES FOR THESE GRANTS ARE MAINLY RECEIVED FROM INDIVIDUAL DONORS USING AN ANNUAL FUND DRIVE AND PERSONAL SOLICITATIONS FOR LARGER CONTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John M Kaczkowski President & CEO | Officer | 36 | $757,153 |
William Kingore Evp, Development & Strateg | Officer | 40 | $543,107 |
Steve Brueggeman Chief Financial Officer | Officer | 33 | $250,732 |
Joe True Vp, Development | 40 | $204,006 | |
Daniel Niemiec Vp, Programs, Strategy & Development | 40 | $200,513 | |
Jerry Dudek Vp, Development | 40 | $196,931 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Foley & Lardner Llp Legal Consulting | 12/30/21 | $213,715 |
Admit It Material Supplier | 12/30/21 | $161,100 |
Woodlands Academy Of The Sacred Heart Housing Provider | 12/30/21 | $150,000 |
Netrix Telecom | 12/30/21 | $347,500 |
Sigma Nu Fraternity Housing Provider | 12/30/21 | $323,233 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $379,200 |
| Related organizations | $0 |
| Government grants | $2,263,330 |
| All other contributions, gifts, grants, and similar amounts not included above | $51,359,461 |
| Noncash contributions included in lines 1a–1f | $4,620,047 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $54,001,991 |
| Total Program Service Revenue | $5,898,089 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,532,174 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,566,812 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $16,231,067 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,902,854 |
| Compensation of current officers, directors, key employees. | $283,514 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,170,989 |
| Pension plan accruals and contributions | $505,425 |
| Other employee benefits | $0 |
| Payroll taxes | $379,805 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $158,304 |
| Fees for services: Accounting | $69,697 |
| Fees for services: Lobbying | $15,000 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $397,371 |
| Advertising and promotion | $0 |
| Office expenses | $481,084 |
| Information technology | $132,300 |
| Royalties | $0 |
| Occupancy | $3,039,902 |
| Travel | $701,781 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,282 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,117,165 |
| Insurance | $496,148 |
| All other expenses | $1,493,538 |
| Total functional expenses | $36,055,886 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,547,680 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $20,965,251 |
| Accounts receivable, net | $14,241,174 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $2,281,335 |
| Net Land, buildings, and equipment | $61,686,290 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $151,357 |
| Total assets | $101,873,087 |
| Accounts payable and accrued expenses | $1,374,228 |
| Grants payable | $0 |
| Deferred revenue | $1,096,293 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,032,725 |
| Total liabilities | $3,503,246 |
| Net assets without donor restrictions | $63,370,172 |
| Net assets with donor restrictions | $34,999,669 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $101,873,087 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Evans Scholars Foundation has recieved totaling $28,500.
| Awarding Organization | Amount |
|---|---|
Niamogue Foundation Chicago, IL PURPOSE: ANNUAL EVENT | $10,000 |
Cross H Foundation Wilmington, DE PURPOSE: PLAY FUND | $5,000 |
Welsh Family Foundation Inc Vero Beach, FL PURPOSE: UNRESTRICTED | $5,000 |
Dudley And Constance Godfrey Foundation Inc Milwaukee, WI PURPOSE: EDUCATIONAL | $3,000 |
Allyn Foundation Incorporated A Delaware Corp Hinsdale, IL PURPOSE: SCHOLARSHIPS | $2,000 |
Peter And Mary Levin Family Foundation Cincinnati, OH PURPOSE: SUPPOR KEVIN DOYLE ENDOWED SCHOLARSH | $1,500 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
National Equity Fund Inc Chicago, IL | $118,912,735 | $59,533,345 |
Iowa Student Loan Liquidity Corp West Des Moines, IA | $1,230,053,718 | $45,688,659 |
National Merit Scholarship Corporation Evanston, IL | $183,825,978 | $50,191,294 |
Evans Scholars Foundation Glenview, IL | $101,873,087 | $62,566,812 |
Northwestern Mutual Life Foundation Inc Milwaukee, WI | $106,326,341 | $38,353,841 |
Cardinal Services Inc Of Indiana Warsaw, IN | $28,675,162 | $26,373,889 |
Future Leaders Of Americafoundation Inc Chicago, IL | $0 | $13,517,008 |
Kansas City Scholars Inc Kansas City, MO | $5,810,030 | $12,156,402 |
Des Moines Golf And Country Club West Des Moines, IA | $24,329,403 | $13,657,003 |
Ray And Kay Eckstein Charitable Trust Paducah, KY | $358,796,277 | $128,951,866 |
Professional Convention Management Association Chicago, IL | $13,503,434 | $11,522,188 |
Sigma Chi Foundation Evanston, IL | $40,441,719 | $12,690,646 |