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Brother Rice High School Foundation Inc

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

EIN: 462743063 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Brother Rice High School Foundation Inc?

Brother Rice High School Foundation Inc, based in Chicago, Illinois, serves as a dedicated fundraising entity for Brother Rice High School. Established as a nonprofit organization, its primary mission is to accumulate financial resources for the benefit of the school's students. This includes soliciting, receiving, and maintaining funds, both real and personal property, for the purpose of supporting, fostering, promoting, and enhancing the educational programs and facilities of Brother Rice High School, an Illinois-based not-for-profit corporation. The Foundation's activities are geared towards ensuring the educational growth and development of the students, thereby contributing to their overall success.


Official website here: www.brotherricefoundation.org

Is Brother Rice High School Foundation Inc legitimate?

Brother Rice High School Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Brother Rice High School Foundation Inc 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.brotherricefoundation.org

What is the mission statement of Brother Rice High School Foundation Inc?

The Brother Rice High School Foundation Inc's mission is centered around raising funds for the students of Brother Rice High School. Their primary goal is to collect, manage, and utilize these funds to enhance and support the educational programs and facilities of the school. The foundation aims to foster, promote, and improve the educational experience of the students, ensuring their academic growth and development. The income generated from these funds is exclusively dedicated to this purpose, ultimately contributing to the school's overall educational success.


Official website here: www.brotherricefoundation.org

Who is the CEO of Brother Rice High School Foundation Inc?

Michael Stillman is the Principal Officer of Brother Rice High School Foundation Inc.


Official website here: www.brotherricefoundation.org

What is the revenue of Brother Rice High School Foundation Inc?

Brother Rice High School Foundation Inc's revenue in 2022 was $297,839.


Official website here: www.brotherricefoundation.org

Who are the executives of Brother Rice High School Foundation Inc and what are their salaries?

There 14 volunteers at Brother Rice High School Foundation Inc.


Here are 12 key members and their salaries:


Mike Stillman (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tom Gorman (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Pat Condon (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Farrell (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Mccord (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Greg Papiernik (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burt Odelson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Coughlan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ari Paxinos (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Mcinerney (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brian Farrell (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Ruff (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.brotherricefoundation.org

Where can I find the form 990 for Brother Rice High School Foundation Inc?

Brother Rice High School Foundation Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.brotherricefoundation.org

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

Mission Statement of Brother Rice High School Foundation Inc

Brother Rice High School Foundation Inc is dedicated to raising funds for the students of Brother Rice High School. Their mission is to collect, manage, and utilize funds to support, foster, promote, and enhance the educational programs and facilities of the school. This nonprofit organization operates under certain limitations and provisions, ensuring that all income and principal are exclusively used for the betterment of Brother Rice High School. By raising funds, Brother Rice High School Foundation Inc aims to contribute to the overall development and success of the students and the educational environment at Brother Rice High School.

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Impact




October, 2024

The Brother Rice High School Foundation Inc significantly impacts the educational environment by raising vital funds to support the students and enhance their learning experiences. By soliciting, receiving, and managing financial resources, the Foundation directly contributes to the development and improvement of educational programs and facilities at Brother Rice High School.

These funds are utilized exclusively for initiatives that foster academic excellence, allowing for upgrades in technology, participation in extracurricular activities, and maintenance of school infrastructure. By investing in these areas, the Foundation helps create a well-rounded educational experience, ensuring that students have the resources necessary to thrive both academically and personally.

Moreover, the Foundation’s commitment to long-term financial stability ensures that Brother Rice High School can continue to provide a high-quality education, adapting to the changing needs of students and the educational landscape. Through its efforts, the Foundation not only supports current students but also invests in the future of the school community, reinforcing its mission to promote and enhance educational opportunities for generations to come.




This information is meant to be a general summary of Brother Rice High School Foundation Inc. 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
$297,839 (2022)
Expenses
$162,607 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $75,759
  • Gross Receipts: $1,451,158

Assets and Liabilities:

  • Total Assets: $1,101,651
  • Total Liabilities: $0
  • Net Assets: $1,101,651

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Organization Details

Founding Year

2013

Principal Officer

Michael Stillman

Main Address

20 NORTH WACKER DRIVE SUITE 3200, CHICAGO, IL, 60606

NTEE Category

Code: B11 - Education

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