Overview
What is Schaumburg Park Foundation?
The Schaumburg Park Foundation is a nonprofit organization situated in Schaumburg, Illinois, with an address at 235 E BEECH DR. Its primary mission is to contribute to the Schaumburg Park District, specifically funding the expansion of Meineke Center Park. The foundation's activities primarily revolve around raising funds for park enhancements and projects, with a secondary aim to offer financial aid to eligible park patrons and students within the community. This support is essential in ensuring that the community can enjoy improved park facilities and that deserving individuals have access to necessary resources.
Official website here: www.parkfun.com
Is Schaumburg Park Foundation legitimate?
Schaumburg Park Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Schaumburg Park 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.
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Official website here: www.parkfun.com
What is the mission statement of Schaumburg Park Foundation?
The Schaumburg Park Foundation's mission is centered around fundraising with the primary objective of improving parks and recreational facilities. Additionally, the foundation extends financial aid to eligible students and park patrons within the community. The organization's activities primarily involve raising funds for park enhancements and projects, aiming to contribute to the construction and expansion of such facilities.
Official website here: www.parkfun.com
What is the revenue of Schaumburg Park Foundation?
Schaumburg Park Foundation's revenue in 2023 was $55,318.
Official website here: www.parkfun.com
Who are the executives of Schaumburg Park Foundation and what are their salaries?
There 45 volunteers at Schaumburg Park Foundation.
Here are 20 key members and their salaries:
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Official website here: www.parkfun.com
Where can I find the form 990 for Schaumburg Park Foundation?
Schaumburg Park Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.parkfun.com
Learn more at the official website: www.parkfun.com
Mission Statement of Schaumburg Park Foundation
The Schaumburg Park Foundation, in its mission, focuses on raising funds for enhancing local parks and undertaking related projects. Moreover, the organization extends financial aid to qualifying students and park patrons within the community. By providing financial support, the Foundation contributes to the expansion of park facilities, such as Meineke Center Park, thereby enhancing the recreational opportunities available to the community.
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Impact
October, 2024
Schaumburg Park Foundation significantly enhances the community’s recreational landscape by raising funds for various park projects and improvements. With a focused mission on park and recreational enhancement, the Foundation supports crucial expenditures, such as the expansion of the Meineke Center Park, ensuring that residents have access to updated and enriched public spaces.
Additionally, the Foundation plays a vital role in fostering inclusivity by providing financial assistance to qualifying students and park patrons. This support enables broader access to recreational opportunities, encouraging participation from all segments of the community. Overall, the Foundation’s efforts contribute to a vibrant and engaged community, enhancing the quality of life for residents in Schaumburg, IL.
This information is meant to be a general summary of Schaumburg Park 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $845
- Gross Receipts: $70,899
Assets and Liabilities:
- Total Assets: $461,418
- Total Liabilities: $388
- Net Assets: $461,030
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Organization Details
Founding Year
1981
Principal Officer
Tony Lafrenere
Website
www.parkfun.comNTEE Category
Code: N32 - Recreation
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