THE CHICAGO TEACHERS UNION FOUNDATION, INC. ("FOUNDATION") WAS ORGANIZED FOR EDUCATIONAL AND SOCIAL WELFARE PURPOSES WITHIN THE MEANING OF SECTION 501 (C) (4) OF THE INTERNAL REVENUE CODE. THE FOUNDATION'S CIVIC AND CHARITABLE PURPOSES INCLUDE THE FOLLOWING: SUPPORT OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED CHICAGO PUBLIC SCHOOL TEACHERS.
| Year | Grants | Total Giving | Avg Grant | New | Repeat |
|---|---|---|---|---|---|
| 2024 | 1 | $7K | $7K | 1 | 0 |
| 2021 | 12 | $124K | $10K | 0 | 12 |
| 2020 | 16 | $172K | $11K | 2 | 14 |
| 2019 | 19 | $191K | $10K | 8 | 11 |
| 2017 | 74 | $2.0M | $27K | 37 | 0 |
| Year | Revenue | Expenses | Net Assets |
|---|---|---|---|
| 2024 990 - Public charity return Jul 1, 2024 to Jun 30, 2025 | $2,458,030 ↓ | $4,284,123 | $40,030,218 |
| 2022 990 - Public charity return Jul 1, 2022 to Jun 30, 2023 | $3,639,299 ↑ | $3,624,296 | $42,734,680 |
| 2021 990 - Public charity return Jul 1, 2021 to Jun 30, 2022 | $3,638,783 ↓ | $4,694,434 | $42,441,874 |
| 2020 990 - Public charity return Jul 1, 2020 to Jun 30, 2021 | $3,853,581 ↓ | $4,850,360 | $44,855,444 |
| 2019 990 - Public charity return Jul 1, 2019 to Jun 30, 2020 | $4,260,670 ↑ | $5,130,173 | $44,914,320 |
| 2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018 | $4,048,930 | $6,351,664 | $48,900,584 |
| 2017 990 - Public charity return Jul 1, 2017 to Jun 30, 2018 | $4,048,930 | $6,594,030 | $48,658,218 |
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