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Iald Education Trust Fund

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

EIN: 364255017 ✦ Elmhurst, IL ✦ Designated as a 501(c)(3)

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Overview

What is Iald Education Trust Fund?

The Iald Education Trust Fund is a nonprofit organization situated in Elmhurst, Illinois. Their primary objective is to expand the pool of entry-level lighting designers by fostering connections between aspiring and established professionals in the field. To achieve this, they offer a travel stipend program, enabling students from around the world to attend significant industry events, seminars, and conferences. This scholarship initiative encourages students to advance their studies in lighting design, ultimately contributing to the growth of the lighting design profession.


Official website here: www.iald.org/trust

What are the reviews and ratings of this charity?

Charity Navigator Rating: 64%, earning it a Two-Star out of Four Star rating. The Iald Education Trust Fund has shown strong leadership and adaptability, with a perfect score of 100 in that category. It also boasts a fully independent board, indicating strong governance and oversight. Critical policies such as conflict of interest and whistleblower protections are properly documented, reinforcing a commitment to transparency.

However, the organization faces challenges in its financial management, reflected in a low program expense ratio of 21.63% and a liabilities to assets ratio of 1.08%. These figures suggest that a smaller portion of its funds is being directed towards programmatic activities, which may limit its effectiveness in fulfilling its mission.

Despite these limitations, the Iald Education Trust Fund has demonstrated a commitment to leadership development and has evidence of a clear focus on mobilizing its mission. Stakeholders may want to consider these aspects when evaluating the trustworthiness and impact of the organization.


This AI summary has been generated from information found on Charity Navigator.

Is Iald Education Trust Fund legitimate?

Iald Education Trust Fund is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iald Education Trust Fund 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: $41,086
Professional Fundraising Fees: $0
Other Salaries and Wages: $19,239

For more financial information, click here


Official website here: www.iald.org/trust

What is the mission statement of Iald Education Trust Fund?

The Iald Education Trust Fund's mission is centered around expanding the pool of entry-level lighting designers. This is achieved by fostering connections between pre-practitioners and professionals in the lighting design field. The trust accomplishes this through its travel stipend program, enabling lighting students from around the world to participate in key industry events, seminars, and conferences. Additionally, the scholarship program encourages students to pursue or further their studies in lighting design.


Official website here: www.iald.org/trust

Who is the CEO of Iald Education Trust Fund?

Christopher Knowlton is the Executive Director of Iald Education Trust Fund.


Official website here: www.iald.org/trust

What is the revenue of Iald Education Trust Fund?

Iald Education Trust Fund's revenue in 2022 was $126,268.


Official website here: www.iald.org/trust

Who are the executives of Iald Education Trust Fund and what are their salaries?

There 28 volunteers at Iald Education Trust Fund.


Here are 12 key members and their salaries:


Greg Barrett (President'S Selected Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Andrea Wilkerson (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Monica Lobo (Iald Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Fitzgerald (Iald Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick Leeds (Lirc Representative)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jill Cody (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Catherine Leskowat (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Ghatan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Victor M Palacio (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
May Schlotzhauer (Director - Iald Education Trust)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher Knowlton (Executive Director)
  • Compensation: $7,934
  • Related: $71,412
  • Other: $0
Rocio Shah (Controller)
  • Compensation: $36,086
  • Related: $42,393
  • Other: $13,852


Official website here: www.iald.org/trust

Where can I find the form 990 for Iald Education Trust Fund?

Iald Education Trust Fund's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iald.org/trust

Learn more at the official website: www.iald.org/trust

Mission Statement of Iald Education Trust Fund

The Iald Education Trust Fund is an organization dedicated to expanding the pool of entry-level lighting designers. They achieve this mission by fostering connections between pre-practitioners and professionals in the lighting design field. This is done through various initiatives, such as offering travel stipends to lighting students from around the world, enabling them to attend key industry events, seminars, and conferences. Additionally, the scholarship program encourages students to pursue or further their studies in lighting design. By facilitating these connections and opportunities, the Iald Education Trust Fund aims to grow the next generation of lighting designers, enriching the field with fresh perspectives and talents.

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Impact




October, 2024

The Iald Education Trust Fund significantly impacts the lighting design profession by increasing the number of entry-level designers through strategic initiatives that foster connections within the community. Its travel stipend program provides invaluable opportunities for lighting students worldwide to attend key industry events, seminars, and conferences. By facilitating these connections, students gain exposure to the latest trends, technologies, and practices in lighting design, enhancing their education and professional development.

Additionally, the scholarship program encourages aspiring designers to pursue or further their studies in lighting design, broadening access to educational resources and mentorship. This support not only helps students to build essential skills but also fosters a vibrant network of professionals, ultimately enriching the lighting design industry as a whole. By cultivating talent and encouraging collaboration, the Iald Education Trust Fund plays a crucial role in shaping the future of lighting design.




This information is meant to be a general summary of Iald Education Trust Fund. 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
$126,268 (2022)
Expenses
$156,056 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $39,704
  • Gross Receipts: $126,268

Assets and Liabilities:

  • Total Assets: $1,842,414
  • Total Liabilities: $19,936
  • Net Assets: $1,822,478

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Organization Details

Founding Year

1998

Principal Officer

Christopher Knowlton

Main Address

242 N ELMHURST ST SUITE 514, ELMHURST, IL, 60126

NTEE Category

Code: B82 - Education

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