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Invest For Kids Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 270826182 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

Overview

What is Invest For Kids Inc?

Invest For Kids Inc is a nonprofit organization situated in Chicago, Illinois, specifically at 875 N Michigan Ave Suite 3400. Their primary mission is to support children's welfare by aiding various charities in the Chicago area. They accomplish this goal annually by hosting a conference where successful investment managers share their ideas, generating funds for these charitable organizations. The 2022 conference dispersed funds to organizations such as Chicago Collegiate Charter School, Children's Research Triangle, and Mikva Challenge Grant Foundation, among others. The 2021 conference also contributed to several charities, including Chicago Scholars and Comp-U-Dot.


Official website here: www.investforkidschicago.org

Is Invest For Kids Inc legitimate?

Invest For Kids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Invest For Kids Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.investforkidschicago.org

What is the mission statement of Invest For Kids Inc?

Invest for Kids Inc's mission is centered around raising funds that contribute to the betterment of children's charities in various aspects. They accomplish this mission through an annual conference, where successful investment managers share their ideas, thereby generating funds. The collected funds are then dispersed to various organizations, each dedicated to enhancing children's welfare and supporting their respective missions. Some of the beneficiary organizations from the 2022 conference include Bloc, Chicago Collegiate Charter School, Children's Research Triangle, and Code Nation, among others.


Official website here: www.investforkidschicago.org

Who is the CEO of Invest For Kids Inc?

Benjamin Kovler is the Ceo/Tr/Secr. of Invest For Kids Inc. The CEO's salary of Invest For Kids Inc is $0 and their total compensation is $0.


Official website here: www.investforkidschicago.org

What is the revenue of Invest For Kids Inc?

Invest For Kids Inc's revenue in 2022 was $2,013,591.


Official website here: www.investforkidschicago.org

Who are the executives of Invest For Kids Inc and what are their salaries?

Here are 3 key members and their salaries (Invest For Kids Inc's CEO's salary is $0 and their total compensation is $0):

    Benjamin Kovler (Ceo/Tr/Secr.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ronald S Levin (President/Dir.) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Brian T Burke (Cfo/Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.investforkidschicago.org

    Where can I find the form 990 for Invest For Kids Inc?

    The Invest For Kids Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.investforkidschicago.org

    Learn more at the official website: www.investforkidschicago.org

    Mission Statement of Invest For Kids Inc

    Invest for Kids Inc. is a nonprofit organization dedicated to raising funds that contribute to the betterment of Chicago-area children's charities. They accomplish this mission by hosting an annual conference, which generates funds by showcasing innovative investment ideas from a distinguished group of successful financial managers. The conference serves as a platform for these professionals to share their insights and strategies, while simultaneously raising funds that directly benefit various children's charities.

    The funds raised during these conferences are then disbursed to numerous organizations that work tirelessly to support children's welfare and aid in the fulfillment of their missions. For instance, in 2022, Invest for Kids Inc. distributed funds to Bloc, Chicago Collegiate Charter School, Children's Research Triangle, Code Nation, Mikva Challenge Grant Foundation, Network for Teaching Entrepreneurship, One Million Degrees, HEAR Scholarship Foundation, Chicago Scholars, Illinois Network of Charter Schools, GEM-IFK Venture for Educational Support, DePaul University-Division of A&E R, Harris Theater-ATP, and several other organizations. These funds are crucial in enabling these charities to continue their vital work in improving the lives of Chicago's children.

    Impact

    This information is meant to be a general summary of Invest For Kids Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Invest For Kids Inc's impact can be seen through its efforts to raise funds that benefit Chicago-area children's charities. Through its annual conference, the organization has successfully raised substantial amounts of money by presenting ideas from top investment managers. The funds disbursed to various organizations further children's welfare by supporting their missions, contributing to a positive impact on the community.

    In 2022, funds were dispersed to several organizations, including Bloc, Chicago Collegiate Charter School, Children's Research Triangle, Code Nation, Mikva Challenge Grant Foundation Inc, Network For Teaching Entrepreneurship, One Million Degrees, HEAR Scholarship Foundation, Chicago Scholars, Illinois Network of Charter Schools, and others. Additionally, residual funds from the 2021 conference were distributed to various organizations such as Comp-U-Dot, Chicago Scholars, LINK Unlimited Scholars, Catalyst Schools, and Juvenile Protective Association.

    This direct support to children's charities in Chicago demonstrates Invest For Kids Inc's commitment to making a difference in the lives of youth in need. By leveraging the expertise of successful investment managers, the organization channels resources to organizations that are working towards enhancing educational opportunities, providing support services, and empowering youth in the community.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $9,413
  • Program Service Revenue: $0
  • Gross Receipts: $3,200,749

    • Assets and Liabilities:
  • Total Assets: $591,688
  • Total Liabilities: $0
  • Net Assets: $591,688
  • Organization Details

    Founding Year

    2009

    Principal Officer

    Benjamin Kovler

    Main Address

    875 N Michigan Ave Suite 3400, Chicago, IL, 60611

    NTEE Category

    Code: P12 - Human services

    If you are a representative of Invest For Kids Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.