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Bright Futures Foundation

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

EIN: 260353490 ✦ Glenview, IL ✦ Designated as a 501(c)(3)

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Overview

What is Bright Futures Foundation?

Bright Futures Foundation, located in Glenview, Illinois, is a charitable organization that focuses on awarding scholarships to employees of Vi at The Glen. These grants enable them to pursue further education or vocational training beyond high school, all while maintaining their employment. In 2020 and 2022, respectively, 24 and 14 employees benefited from these scholarships, with funds directly covering tuition, fees, and textbooks. The Foundation's mission aims to support the professional growth of its affiliated workforce, thereby enriching their skill set and career prospects.

Is Bright Futures Foundation legitimate?

Bright Futures Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Bright Futures 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.


Heare 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

What is the mission statement of Bright Futures Foundation?

The Bright Futures Foundation's mission involves providing financial aid in the form of scholarships to employees of Vi at The Glen who are pursuing further education or vocational training beyond high school. This is done while they continue to work at the Vi. The foundation typically covers tuition, fees, and book costs, directly paying the attending school. In 2020, 24 employees benefited from these grants, and this number increased to 14 in 2022. By offering such scholarships, the Bright Futures Foundation aims to support the professional growth and development of its employees.

Who is the CEO of Bright Futures Foundation?

Lawrence R Beebe is the Principal Officer of Bright Futures Foundation.

What is the revenue of Bright Futures Foundation?

Bright Futures Foundation's revenue in 2022 was $128,760.

Who are the executives of Bright Futures Foundation and what are their salaries?

There 10 volunteers at Bright Futures Foundation.


Here are 9 key members and their salaries:


Gil Haggart (President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ed Williams (Vice President & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ronald Holmberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marila Beatty (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joy Connors (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andy Anderson (Secretary & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Larry Beebe (Treasurer & Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kay Mabie (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carol Mcgrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Bright Futures Foundation?

Bright Futures Foundation's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Bright Futures Foundation

Bright Futures Foundation, a non-profit organization, is dedicated to supporting the educational aspirations of employees working at Vi at The Glen. The mission of this foundation is to provide scholarship funds for individuals who wish to pursue further education or vocational training beyond high school, all while maintaining their employment at Vi at The Glen. These funds are typically directed towards the educational institution that the recipient is attending. In the year 2020, Bright Futures Foundation awarded scholarships to 24 employees, covering their tuition, fees, and textbooks. In 2022, this number increased to 14 recipients, continuing the foundation's commitment to fostering personal growth and development through education.

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Impact




October, 2024

Bright Futures Foundation significantly enhances the educational opportunities for employees of Vi at The Glen by providing scholarship funds that enable them to pursue educational or vocational courses beyond high school. In 2022, the Foundation awarded grants to 14 employees, covering essential costs such as tuition, fees, and books, allowing them to further their education while maintaining their employment. This support not only fosters individual growth and career advancement for employees but also contributes to a more skilled and knowledgeable workforce within the organization. By investing in the professional development of its employees, Bright Futures Foundation plays a crucial role in promoting lifelong learning and education in Glenview, IL.




This information is meant to be a general summary of Bright Futures Foundation. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$128,760 (2022)
Expenses
$70,175 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $5,563
  • Gross Receipts: $128,760

Assets and Liabilities:

  • Total Assets: $650,285
  • Total Liabilities: $0
  • Net Assets: $650,285

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Organization Details

Founding Year

2004

Principal Officer

Lawrence R Beebe

Main Address

2500 Indigo Lane Box 2600, Glenview, IL, 60026

NTEE Category

Code: B11 - Education

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