Overview
What is The Chicago Scholars Foundation?
The Chicago Scholars Foundation is a renowned nonprofit organization that offers a comprehensive seven-year program to academically ambitious students from underprivileged communities. This program begins in the scholar's senior year of high school and continues through college, culminating in two years of leadership development. The foundation assists scholars in applying to colleges that suit their academic, social, and financial needs. The holistic approach aims to help scholars find colleges where they can build a sense of community and belonging. Throughout the program, the foundation provides unique scholarship opportunities, continued mentorship, and a supportive network of individuals. This support helps scholars persist through college, thrive in their studies, and graduate with degrees that lead to meaningful careers, higher salaries, and economic mobility. The Chicago Scholars' career programming also equips scholars with access to key internships, opportunities, and networks that can launch their careers. As of now, more than 5,000 students have participated in or completed the program. Approximately 93% of scholars and alumni are people of color, 90% are low-income, and 82% are first-generation college students, representing all 77 Chicago community areas. Historically, 95% of scholars matriculate to college in the fall following high school graduation on time and 78% earn their degrees within six years. Scholars have attended or graduated from over 550 colleges and universities worldwide. The foundation partners with more than 130 colleges and universities to ensure scholars can find the right match, fit, and financial fit for them.
Official website here: www.chicagoscholars.org
Is The Chicago Scholars Foundation legitimate?
The Chicago Scholars Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Chicago Scholars Foundation 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: $848,190
Professional Fundraising Fees: $109,000
Other Salaries and Wages: $2,645,084
For more financial information, click here
Official website here: www.chicagoscholars.org
What is the mission statement of The Chicago Scholars Foundation?
The Chicago Scholars Foundation aims to transform the leadership landscape by addressing the fundamental barriers to success for academically driven, first-generation college students from under-resourced communities. Through college counseling, mentoring, and providing a supportive community, the foundation ensures that these students realize their full potential as students and leaders. By offering programs such as College Access: Launch, College Persistence: Lift, and College to Careers: Lead, they help students navigate their college journey and ultimately become the next generation of leaders who will positively impact their communities.
Official website here: www.chicagoscholars.org
Who is the CEO of The Chicago Scholars Foundation?
Jeffery Beckham Jr is the President And Coo of The Chicago Scholars Foundation. The CEO's salary of The Chicago Scholars Foundation is $201,206 and their total compensation is $221,797.
Official website here: www.chicagoscholars.org
What is the revenue of The Chicago Scholars Foundation?
The Chicago Scholars Foundation's revenue in 2022 was $7,151,418.
Official website here: www.chicagoscholars.org
Who are the executives of The Chicago Scholars Foundation and what are their salaries?
The average compensation at The Chicago Scholars Foundation during 2022 was $38,388. There are 91 employees and 841 volunteers at The Chicago Scholars Foundation.
Here are 37 key members and their salaries (The Chicago Scholars Foundation's CEO's salary is $201,206 and their total compensation is $221,797):
- Jeffery Beckham Jr (Ceo) [Trustee/Director]
- Brooke Mckean (President And Coo) [Trustee/Director]
- Rachael Carbone (Vp Of Development)
- Khadeejah Lasuc-Lewis (Vp-Talent/Learning/Equity/Inclusion)
- Tamara Pope (Vp Of Programs)
- Mark Cassata (Director)
- Raj Bhatia (Director)
- Rick Blair (Director)
- Gary Caplan (Director)
- Kris Carey (Vice Chair) [Trustee/Director]
- Paula Daniliuc (Director)
- Carl Tannenbaum (Director)
- Kourtney Gibson (Chair) [Trustee/Director]
- Lee Gordon (Director)
- Reggie Hill (Director)
- Dan Hoffenkamp (Director)
- Suzy Kahn Weinberg (Chair Programs) [Trustee/Director]
- Greg Kranias (Director)
- Joey Lansing (Treasurer) [Trustee/Director]
- Gerald Lewis (Director)
- Maria Lin (Chair, Human Resources) [Trustee/Director]
- Phyllis Lockett (Director)
- Katherine Mann (Director)
- Oliver Bevan (Director)
- Manny Sanchez (Director)
- Tim Schwertfeger (Director)
- Rex Sessions (Director)
- Suzanne Shier (Secretary, Chair Dev Committee) [Trustee/Director]
- Brian Sims (Director)
- Kathryn Thomas (Past Chair) [Trustee/Director]
- Nate Ulery (Director)
- Dv Williams (Director)
- Daniel Houihan (Director)
- Richie Blair (Director)
- Carl Tannenbaum (Director)
- Kwasi Yeboah (Alumni Leadership Chair) [Trustee/Director]
- Michelle Scott (Alumni Leadership Chair, Past Chair) [Trustee/Director]
Official website here: www.chicagoscholars.org
Where can I find the form 990 for The Chicago Scholars Foundation?
The The Chicago Scholars Foundation’s most recent form 990 was submitted in 2022 and can be accessed here
Official website here: www.chicagoscholars.org
Learn more at the official website: www.chicagoscholars.org
Mission Statement of The Chicago Scholars Foundation
The Chicago Scholars Foundation is dedicated to transforming the leadership landscape of the city by addressing the fundamental barriers to success for academically driven, first-generation college students hailing from under-resourced communities. Through their comprehensive program, they select, train, and mentor these students, guiding them from their college access phase to their careers, ensuring they reach their full potential as leaders who will significantly impact their neighborhoods and the city at large.
Their mission involves providing college counseling, mentoring, and creating a supportive community for scholars throughout each stage of their journey: College Access: Launch, College Persistence: Lift, and College to Careers: Lead. The Chicago Scholars Foundation strives to break down the barriers that typically hinder the success of these students, offering them the necessary tools and resources to overcome challenges, excel in their academic endeavors, and ultimately become influential leaders in their communities.
Impact
This information is meant to be a general summary of The Chicago Scholars Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.
Thursday, August 15, 2024
The Chicago Scholars Foundation is transforming the leadership landscape of Chicago by resolving the fundamental barriers to success for academically driven, first-generation college students from under-resourced communities. Through its innovative seven-year program, Chicago Scholars uniquely selects, trains, and mentors students to complete college and become the next generation of leaders who will transform their neighborhoods and the city.
Chicago Scholars offers a holistic approach to college access, persistence, and career development. By providing college counseling, mentoring, and a supportive community, the foundation ensures that scholars realize their full potential as students and leaders. To date, over 5,000 Chicago Scholars have participated in or completed the program, with 93% being people of color, 90% coming from low-income backgrounds, and 82% being first-generation college students.
The impact of Chicago Scholars is evident in its strong outcomes, with historically 95% of scholars matriculating to college on time following high school graduation and 78% earning their degrees within six years. Scholars have attended or graduated from over 550 colleges and universities worldwide, thanks to Chicago Scholars' partnerships with more than 130 institutions. Ultimately, Chicago Scholars is creating a pathway to higher education, meaningful careers, and economic mobility for underrepresented students in Chicago.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Assets and Liabilities:
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE FEES
Revenue
$321,352
Organization Details
Founding Year
1996
Phone
(312) 784-3300
Principal Officer
Jeffery Beckham Jr
Main Address
PO BOX 389497, CHICAGO, IL, 606389497
Website
www.chicagoscholars.org
NTEE Category
Code: B80 - Education
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