Overview
What is Children First Fund The Chicago Public Schools Foundation?
The Children First Fund The Chicago Public Schools Foundation, an independent 501(c)(3) organization, is dedicated to supporting Chicago Public Schools (CPS) in preparing every student for success in higher education, their careers, and civic life. Based in Chicago, Illinois, the fund operates with a team of eight employees. They function as a bridge between CPS and external partners, including businesses, foundations, and individuals. By facilitating support and raising funds, the Children First Fund ensures the effective allocation of resources to meet the district's most pressing needs and maximizes the impact of partnerships. Their mission is to act as a trusted intermediary and knowledge hub for CPS, aligning resources with the students, schools, and staff that require them the most to advance the district's vision.
Official website here: www.childrenfirstfund.org/
What are the reviews and ratings of this charity?
Charity Navigator Rating: 95% (Four-Star out of Four Star rating)
Children First Fund The Chicago Public Schools Foundation has received a commendable Four-Star rating from Charity Navigator, highlighting its strong performance in accountability and finance. The organization boasts a 97% score in this category, reflecting its prudent financial management and commitment to transparency. Notably, the charity has a fully independent board and has consistently maintained high standards across several governance metrics, such as having no material diversion of assets and a solid audit process.
In terms of organizational strengths, Children First Fund excels in leadership and adaptability, achieving a perfect score of 100%. This indicates robust leadership practices and a proactive approach to adapting to changing circumstances. Additionally, the foundation has demonstrated a significant investment in staff development, ensuring that its team is well-equipped to fulfill its mission effectively.
However, the foundation's culture and community score stands at 83%, which, while still positive, suggests room for improvement in fostering a more inclusive or engaging organizational culture. Despite this, the overall financial health and governance practices of Children First Fund position it as a reliable and impactful nonprofit dedicated to supporting the Chicago public school system.
This AI summary has been generated from information found on Charity Navigator.
Is Children First Fund The Chicago Public Schools Foundation legitimate?
Children First Fund The Chicago Public Schools Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Children First Fund The Chicago Public Schools 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: $222,887
Professional Fundraising Fees: $0
Other Salaries and Wages: $537,429
For more financial information, click here
Official website here: www.childrenfirstfund.org/
What is the mission statement of Children First Fund The Chicago Public Schools Foundation?
The Children First Fund serves as a bridge between Chicago Public Schools (CPS) and its network of partners, which encompasses businesses, foundations, and individuals. Their mission is geared towards fostering the growth and achievement of CPS through philanthropy and collaborations. By functioning as a knowledge hub and intermediary, the Children First Fund optimizes the impact of CPS' partnerships by allocating resources to the students, schools, and staff who require them most. Through this matching process, the foundation amplifies the effectiveness of CPS' partnerships and advances the educational institution's vision.
Official website here: www.childrenfirstfund.org/
Who is the CEO of Children First Fund The Chicago Public Schools Foundation?
Unavailable
Official website here: www.childrenfirstfund.org/
What is the revenue of Children First Fund The Chicago Public Schools Foundation?
Children First Fund The Chicago Public Schools Foundation's revenue in 2022 was $24,521,086.
Official website here: www.childrenfirstfund.org/
Who are the executives of Children First Fund The Chicago Public Schools Foundation and what are their salaries?
The average compensation at Children First Fund The Chicago Public Schools Foundation during 2022 was $95,040. There are 8 employees and 8 volunteers at Children First Fund The Chicago Public Schools Foundation.
Here are 13 key members and their salaries:
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- Compensation: $139,125
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- Other: $11,532
- Compensation: $104,625
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- Other: $9,606
Official website here: www.childrenfirstfund.org/
Where can I find the form 990 for Children First Fund The Chicago Public Schools Foundation?
Children First Fund The Chicago Public Schools Foundation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.childrenfirstfund.org/
Learn more at the official website: www.childrenfirstfund.org/
Mission Statement of Children First Fund The Chicago Public Schools Foundation
The Children First Fund, a Chicago-based organization, is dedicated to fostering the growth and achievement of Chicago Public Schools (CPS) through charitable giving and strategic partnerships. acting as a bridge between CPS and its network of partners, which comprises businesses, foundations, and individuals. By skillfully aligning resources from external donors and collaborators with the needs of students, schools, and staff, the Children First Fund amplifies the impact of CPS' partnerships and propels the Chicago Public Schools' Vision forward.
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Impact
October, 2024
The Children First Fund significantly enhances the educational landscape of Chicago Public Schools (CPS) by strategically connecting philanthropic resources with the most pressing needs of students, schools, and staff. Through effective partnerships with businesses, foundations, and individuals, the Fund actively promotes the growth and success of CPS, ensuring that every student is prepared for success in college, career, and civic life.
By acting as a knowledge hub and liaison, the Fund identifies and communicates CPS's urgent needs to potential supporters, enabling targeted and impactful investments. This approach not only maximizes the utility of external donations but also strengthens the overall support system surrounding Chicago's schools. The Fund’s commitment to equity ensures that resources are allocated to areas where they are needed most, advancing overall educational outcomes across the district. Ultimately, the Children First Fund plays a crucial role in nurturing an environment where students can thrive and achieve their full potential.
This information is meant to be a general summary of Children First Fund The Chicago Public Schools 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 2022.
- Gross Receipts: $24,521,086
Assets and Liabilities:
- Total Assets: $31,844,677
- Total Liabilities: $1,529,854
- Net Assets: $30,314,823
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Organization Details
Founding Year
1996
Phone
(773) 553-4059Main Address
200 W Madison 2nd Fl, Chicago, IL, 60606
Website
www.childrenfirstfund.org/NTEE Category
Code: B99 - Education
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