Public Charity

THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN

Based in CHICAGO, IL, THE FOUNDATION FOR THE EDUCATIONAL DEVELOPMENT OF CHILDREN operates as a Public Charity. The organization reported $2.0M in revenue, $1.3M in expenses, $43.6M in total assets for fiscal year 2025. Imperigo tracks 7 reported grants from this foundation totaling approximately $4.3M.

EIN: 366083633 CHICAGO, IL Latest filing: 2025
Total Revenue$2.0M
Total Expenses$1.3M
Total Assets$43.6M
Grants Given7
Grant Total$4.3M
Filing Years2021–2025

Mission

THE FOUNDATION SUPPORTS THE OPERATIONS OF THE SONIA SHANKMAN ORTHOGENIC SCHOOL AND THE HYDE PARK DAY SCHOOLS AND MANAGES THE INVESTMENTS IT OWNS FOR THIS USE. ADDITIONALLY, IT IS THE OWNER OF FEDC HOLDINGS LLC, A DISREGARDED ENTITY, WHICH HOLDS REAL ESTATE ASSETS OF THE ORGANIZATION.

Officers & Directors

CFO & EXECUTIVE DIRECTOR Abby Simon
VICE CHAIR Adam Steinback
SECRETARY Janet Goelz Hoffman
DIRECTOR Lenny Asaro
TREASURER Matt Speisser
CHAIR Scott Mcdonald

Officer compensation and complete director data available with membership.

Top Grant Purposes

OPERATIONS
$4,275,780 7 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.0M $1.3M $43.6M
2024 $2.3M $1.0M $42.9M
2023 $2.0M $1.6M $41.7M
2022 $-1.2M $2.2M $41.3M
2021 $950K $1.3M $44.8M

Between 2021 and 2025, reported annual revenue grew from $950K to $2.0M (+116%), with total assets most recently reported at $43.6M.

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

Grant Geography

Grants from this foundation were reported to recipients in IL.

IL

Full geographic grant map with state-by-state breakdown available with membership.

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