Public Charity

ACE TECH ENDOWMENT FUND

ACE TECH ENDOWMENT FUND is a Public Charity headquartered in CHICAGO, IL. Financial data from the 2022 filing: $9K revenue, $365K expenses. 3 publicly reported grants to this organization, totaling roughly $28K, appear in IRS filings.

EIN: 721602149 CHICAGO, IL Latest filing: 2022
Total Revenue$9K
Total Expenses$365K
Grant Records3
Funding Total$28K
Filing Years2018–2022

Mission

TO PROVIDE FINANCIAL ASSISTANCE TO ACE TECH CHARTER HIGH SCHOOL.

Where $100 goes at Ace Tech Endowment Fund

How Ace Tech Endowment Fund divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$99 Programs the work itself
$1 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 $99 for programs

$99
Provide financial assistance to cover the cost of faculty compensation
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2022. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Received

2020
SCHOLARSHIP TO STUDENTS LOOKING TO ENTER INTO A CAREER IN ARCHITECTURE, CONSTRUCTION, ENGINEERING OR RELATED PROFESSION.
$12,500
2019
SCHOLARSHIP TO STUDENTS LOOKING TO ENTER INTO A CAREER IN ARCHITECTURE, CONSTRUCTION, ENGINEERING OR RELATED PROFESSION.
$7,500
2018
SCHOLARSHIP TO STUDENTS LOOKING TO ENTER INTO A CAREER IN ARCHITECTURE, CONSTRUCTION, ENGINEERING OR RELATED PROFESSION.
$7,500

Showing up to 5 of 3 total records — full history available with membership.

Officers & Directors

PRESIDENT Dana P Thorne
TREASURER Joe Scarpelli
DIRECTOR Louis Jones
SECRETARY Mark Jolicoeur

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$27,500 3 grants

Financial Trends

Year Revenue Expenses Assets
2022 $9K $365K —
2021 $20K $3K $355K
2020 $16K $2K $338K
2019 $184K $456K $297K
2018 $39K $212K $637K

Between 2018 and 2022, reported annual revenue declined from $39K to $9K (-76%).

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

See the full picture for ACE TECH ENDOWMENT FUND

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