Overview
What is Wheaton Academy Foundation?
Wheaton Academy Foundation is a nonprofit organization situated in West Chicago, Illinois, at 900 Prince Crossing Road. Its primary objective is to benefit and advance Wheaton Academy's purpose and functions. This is achieved through grant funding, which covers operating expenses, such as the financial aid program for students in financial need. The foundation's mission involves holding and managing endowment investments, with the ultimate aim of providing ongoing support to Wheaton Academy's mission and programs. In essence, Wheaton Academy Foundation serves as a vital financial backbone, contributing to the institution's educational initiatives and aiding students in need.
Official website here: www.wheatonacademy.org
Is Wheaton Academy Foundation legitimate?
Wheaton Academy Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wheaton Academy 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
Official website here: www.wheatonacademy.org
What is the mission statement of Wheaton Academy Foundation?
The Wheaton Academy Foundation's primary mission is to support the mission and programs of Wheaton Academy in a sustainable manner. This is accomplished by managing endowment investments, with the objective of providing ongoing financial assistance. The foundation's role extends to funding operational expenses, including the financial aid program for students with financial needs at Wheaton Academy. In essence, the Wheaton Academy Foundation aims to enhance and further the objectives of Wheaton Academy by providing financial support.
Official website here: www.wheatonacademy.org
What is the revenue of Wheaton Academy Foundation?
Wheaton Academy Foundation's revenue in 2023 was $798,167.
Official website here: www.wheatonacademy.org
Who are the executives of Wheaton Academy Foundation and what are their salaries?
There 12 volunteers at Wheaton Academy Foundation.
Here are 14 key members and their salaries:
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- Other: $28,309
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- Other: $51,160
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Official website here: www.wheatonacademy.org
Where can I find the form 990 for Wheaton Academy Foundation?
Wheaton Academy Foundation's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.wheatonacademy.org
Learn more at the official website: www.wheatonacademy.org
Mission Statement of Wheaton Academy Foundation
The Wheaton Academy Foundation's mission is centered around providing enduring support to Wheaton Academy and its various programs. This nonprofit organization is responsible for managing investments aimed at offering ongoing financial assistance to further Wheaton Academy's mission. The primary goal of the Wheaton Academy Foundation is to contribute to and advance the institution's purposes and functions through grant funding. This funding is allocated towards essential expenses, such as the financial aid program, which assists Wheaton Academy students who demonstrate financial need. In essence, the Wheaton Academy Foundation serves as a vital resource, ensuring the continued success and growth of Wheaton Academy and its students by providing essential financial support.
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Impact
October, 2024
The Wheaton Academy Foundation plays a crucial role in enhancing the educational experience at Wheaton Academy through strategic financial support. By providing grants that fund operating expenses, the foundation ensures the continued advancement of the academy's mission and programs. This support significantly impacts students who demonstrate financial need, allowing them access to quality education that might otherwise be out of reach.
Additionally, the foundation manages endowment investments, which generate ongoing funding for these essential programs. This sustainable approach allows Wheaton Academy to focus on its core objectives, fostering an enriching environment for its students. The foundation's commitment not only strengthens the academy's resources but also cultivates a community where education can thrive, enabling students to pursue their academic and personal growth.
This information is meant to be a general summary of Wheaton Academy 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: $77,083
- Gross Receipts: $3,548,833
Assets and Liabilities:
- Total Assets: $3,474,168
- Total Liabilities: $0
- Net Assets: $3,474,168
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Organization Details
Founding Year
2012
Principal Officer
Eugene Frost
Website
www.wheatonacademy.orgNTEE Category
Code: B11 - Education
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