Public Charity

SCHAUMBURG PARK FOUNDATION

Based in SCHAUMBURG, IL, SCHAUMBURG PARK FOUNDATION operates as a Public Charity. The organization reported $78K in revenue, $35K in expenses, $506K in total assets for fiscal year 2024. Imperigo tracks 2 reported grant relationships connected to this organization totaling approximately $20K.

EIN: 363150457 SCHAUMBURG, IL Latest filing: 2024
Total Revenue$78K
Total Expenses$35K
Total Assets$506K
Grant Records2
Funding Total$20K
Filing Years2020–2024

Mission

FUND RAISING FOR PARK AND RECREATIONAL ENHANCEMENT AND TO PROVIDE FINANCIAL ASSISTANCE TO QUALIFYING STUDENTS AND PARK PATRONS WITHIN THE COMMUNITY.

Where $100 goes at Schaumburg Park Foundation

How Schaumburg Park Foundation divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$85 Programs the work itself
$15 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $85 for programs

$85
Support for park district participants' financial needs including for program charges, daycare and preschool
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

TRUSTEE Bill Tucknott
TREASURER Brian Berg Jr
CHAIRMAN Brian Bieschke
TRUSTEE Glenn R Szurgot
HONORARY TRUSTEE Gus Podd
VICE CHAIRMAN Jack Trudel

Officer compensation and complete director data available with membership.

Top Grant Purposes

Unspecified
$20,000 2 grants

Financial Trends

Year Revenue Expenses Assets
2024 $78K $35K $506K
2023 $55K $57K $460K
2022 $114K $49K $461K
2020 $7K $35K $403K

Between 2020 and 2024, reported annual revenue grew from $7K to $78K (+1047%), with total assets most recently reported at $506K.

Interactive year-over-year charts and full filing details available with membership.

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