Evans Scholars Foundation

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.

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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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Netrix
Telecom
$347,500
Sigma Nu Fraternity
Housing Provider
$323,233
Foley & Lardner Llp
Legal Consulting
$213,715
Admit It
Material Supplier
$161,100
Woodlands Academy Of The Sacred Heart
Housing Provider
$150,000
View All Vendors

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

Grants Recieved

Over the last fiscal year, we have identified 8 grants that Evans Scholars Foundation has recieved totaling $28,500.

Awarding OrganizationAmount
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
View Grant Recipient Profile

Endowment Analysis

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