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The Calahan Foundation Nfp

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

EIN: 271271477 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Calahan Foundation Nfp?

The Calahan Foundation Nfp, situated in Chicago, Illinois, is a nonprofit organization that focuses on empowering youth. Their primary mission is to inspire young individuals by providing educational scholarships. In addition to scholarships, they also engage contemporary role models and offer entrepreneurial mentorship. The Calahan Foundation's activities are designed to motivate and guide youth, thereby contributing positively to their personal and professional growth. Annually, they award scholarships to deserving incoming freshmen, furthering their educational opportunities.


Official website here: www.calahanfoundation.org

Is The Calahan Foundation Nfp legitimate?

The Calahan Foundation Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Calahan Foundation Nfp 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


Official website here: www.calahanfoundation.org

What is the mission statement of The Calahan Foundation Nfp?

The Calahan Foundation's mission is centered around inspiring youth. They achieve this through various means, including providing educational scholarships, serving as contemporary role models, and offering entrepreneurial mentorship. The foundation's main objective is to inspire and empower young individuals, fostering their personal growth and future success. Each year, the Calahan Foundation awards scholarships to deserving incoming freshmen, furthering their educational journey.


Official website here: www.calahanfoundation.org

Who is the CEO of The Calahan Foundation Nfp?

Edward Calahan is the President of The Calahan Foundation Nfp.


Official website here: www.calahanfoundation.org

What is the revenue of The Calahan Foundation Nfp?

The Calahan Foundation Nfp's revenue in 2022 was $255,544.


Official website here: www.calahanfoundation.org

Who are the executives of The Calahan Foundation Nfp and what are their salaries?


There is 1 key member and their salary:


Edward Calahan (President)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.calahanfoundation.org

Where can I find the form 990 for The Calahan Foundation Nfp?

The Calahan Foundation Nfp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.calahanfoundation.org

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

Mission Statement of The Calahan Foundation Nfp

The Calahan Foundation, a nonprofit organization, is dedicated to inspiring youth through various means. Its mission encompasses providing educational scholarships for deserving students, serving as a platform for contemporary role models, and offering entrepreneurial mentorship. By granting four college scholarships annually to incoming freshmen, the foundation empowers young individuals with financial support to pursue their academic dreams. Additionally, the Calahan Foundation fosters role models who can inspire and guide the youth, instilling values and motivating them towards success. Furthermore, the organization offers entrepreneurial mentorship, equipping young minds with the skills and knowledge necessary to navigate the business world, thereby fostering self-reliance and innovation among the youth.

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Impact




October, 2024

The Calahan Foundation significantly impacts youth by providing essential educational resources, scholarships, and mentorship opportunities. Its initiatives inspire and empower young individuals to realize their potential and explore entrepreneurial paths. The foundation has awarded a substantial number of scholarships, including 16 college tuition assistance awards and 12 college scholarships, enabling students to pursue higher education and achieve their academic goals.

In addition to financial support, the foundation actively participates in community outreach through its "Celebration of Giving" events, where it distributes winter coats, toys, and essential items to ten shelters. This effort not only meets immediate needs but also fosters a spirit of giving and community support, creating a nurturing environment for those in challenging situations.

Overall, The Calahan Foundation plays a vital role in uplifting youth in Chicago, providing them with the tools and resources necessary for personal and academic growth, while also extending compassion and support to the broader community.




This information is meant to be a general summary of The Calahan Foundation Nfp. 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
$255,544 (2022)
Expenses
$190,095 (2022)
Efficiency

Other financial information:

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

  • Gross Receipts: $255,544

Assets and Liabilities:

  • Total Assets: $196,296
  • Total Liabilities: $0
  • Net Assets: $196,296

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Organization Details

Founding Year

2009

Principal Officer

Edward Calahan

Main Address

7030 S HALSTED ST SUITE 200, CHICAGO, IL, 60621

NTEE Category

Code: P60 - Human services

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