Chicagoland Food Science Foundation Inc

Organization Overview

Chicagoland Food Science Foundation Inc is located in Lombard, IL. The organization was established in 2016. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, 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. Chicagoland Food Science Foundation Inc 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 08/2021, Chicagoland Food Science Foundation Inc generated $17.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.7%) each year. All expenses for the organization totaled $98.8k during the year ending 08/2021. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, Chicagoland Food Science Foundation Inc has awarded 11 individual grants totaling $172,500. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

DEVELOP, PROMOTE AND SUPPORT THE CURRENT AND NEXT GENERATION OF FOOD AND BEVERAGE INDUSTRY PROFESSIONALS THROUGH SCHOLARSHIP PROGRAMS WHILE WORKING IN CLOSE COLLABORATION WITH CHICAGO SECTION OF THE INSTITUTE OF FOOD TECHNOLOGISTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

IMPLEMENTATION OF SCHOLARSHIP PROGRAM FOR STUDENTS WORKING TOWARDS A DEGREE VALUED IN THE FOOD INDUSTRY.


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Board, Officers & Key Employees

Name (title)Compensation
Laura Saran
Chairman
$0
Michael Gross
Treasurer
$0
Upasana Hariram
Secretary
$0
Lynnda Nelson
Executive Director
$0
Amy Parks
Director
$0
Alan Reed
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$37,028
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$6,325
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$43,353
Total Program Service Revenue$0
Investment income $13
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events -$21,280
Net Income from Gaming Activities -$4,227
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $17,859

Grants Awarded

Over the last fiscal year, Chicagoland Food Science Foundation Inc has awarded $65,500 in support to 4 organizations.

Grant RecipientAmount

UNIVERSITY OF ILLINOIS

PURPOSE: EDUCATION

$43,000

ILLINOIS INSTITUTE OF TECHNOLOGY - DEPARTMENT OF FOOD SCIENCE & NUTRITION

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATION

$10,000

FEEDING TOMORROW- IFT

Org PageRecipient Profile

Chicago, IL

PURPOSE: EDUCATION

$7,500

FRIENDS OF THE CHICAGO HIGH SCHOOL FOR AGRICULTURAL SCIENCES

PURPOSE: EDUCATION

$5,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Chicagoland Food Science Foundation Inc has recieved totaling $76,860.

Awarding OrganizationAmount
Chicago Section Of Food Technologists

Lombard, IL

PURPOSE: EDUCATION

$76,860
View Grant Recipient Profile

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