EIN 81-4516326

Depaul College Prep Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
Year formed
2016
Most recent tax filings
2023-06-01
Description
Depaul College Prep Foundation raises funds to support the financial needs of DePaul Prep, a not-for-profit corporation in Chicago.
Total revenues
$4,401,593
2023
Total expenses
$4,063,286
2023
Total assets
$107,314,727
2023
Num. employees
0
2023

Program areas at Depaul College Prep Foundation

Program service: educational resourcesdepaul College Prep Foundation entered into a loan with the Illinois finance authority which issued bonds on behalf of the Foundation. The proceeds of the bonds were mainly used to repay the debt from the purchase of the campus in 2019 and to finance the costs of building a new academic building on the campus, including 19 classrooms, a new dining hall, and 2 science labs. Expenses also include interest on the debt that was repaid during the year, interest on the loan with the Illinois finance authority, and depreciation.
Program service: endowment for educational purposecontributions to Depaul College Prep Foundation are partially to grow the endowment to be used for educational purposes. The endowment fund will fund both scholarships to students who attend Depaul College Prep and professional development for the faculty at Depaul College Prep.

Who funds Depaul College Prep Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
National Philanthropic TrustEducation$175,500
Schreiber PhilanthropyEndowment$100,000
Fidelity Investments Charitable Gift FundFor Grant Recipient's Exempt Purposes$82,500
...and 11 more grants received

Financials for Depaul College Prep Foundation

RevenuesFYE 06/2023
Total grants, contributions, etc.$1,688,681
Program services$2,660,926
Investment income and dividends$96,133
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$-68,208
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$24,061
Total revenues$4,401,593
Data update history
March 26, 2025
Received grants
Identified 2 new grant, including a grant for $12,312 from American Online Giving Foundation
January 7, 2025
Received grants
Identified 5 new grant, including a grant for $265,000 from National Christian Foundation / Natl Christian Charitable FDN Inc
September 21, 2024
Received grants
Identified 2 new grant, including a grant for $15,000 from Philip H Corboy Foundation
May 19, 2024
Posted financials
Added Form 990 for fiscal year 2023
May 18, 2024
Received grants
Identified 1 new grant, including a grant for $21,213 from American Online Giving Foundation
Nonprofit Types
Grantmaking organizationsSchoolsCharities
Issues
Education
Characteristics
Partially liquidatedState / local levelEndowed supportTax deductible donationsNo full-time employees
General information
Address
3333 N Rockwell St
Chicago, IL 60618
Metro area
Chicago-Naperville-Elgin, IL-IN-WI
County
Cook County, IL
Phone
(773) 539-3600
IRS details
EIN
81-4516326
Fiscal year end
June
Taxreturn type
Form 990
Year formed
2016
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
B82: Scholarships, Student Financial Aid Services
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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