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Organizations Philanthropy, Voluntarism & Grantmaking The Foundation for the Educational Development of Children

The Foundation for the Educational Development of Children

Fiscal year ending 2024. Filed on March 11, 2025.

6254 S Ellis Avenue
Chicago, Illinois 60637

The Foundation for the Educational Development of Children (EIN: 36-6083633) has filed an IRS Form 990 since fiscal year 2019. In its fiscal year 2024 IRS Form 990 filing, The Foundation for the Educational Development of Children, a 501(c)(3) charitable organization, reported compensation for 1 employee. Among the employees shown here, the average compensation is $248,111. The highest compensated employee at The Foundation for the Educational Development of Children is Abby Simon with fiscal year 2024 compensation of $248,111.

Revenue, expenses, and employee compensation

Revenue

$2,290,349

Expenses

$1,039,010

Employee compensation

$0
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

Abby Simon
CFO and Executive Director
$248,111
$0 $204,584 $43,527

Benchmark Employee Compensation

Non-Employee Board Members

Adam Steinback
Vice Chair
David Kurtz
Director - Until 08/23
Janet Goelz Hoffman
Secretary and Treasurer
Lenny Asaro
Director
Scott McDonald
Chair

Mission Statement

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.

Revisions to this organization profile

March 11, 2025:
2024 The Foundation for the Educational Development of Children 990 filed
February 8, 2024:
2023 The Foundation for the Educational Development of Children 990 filed
March 2, 2023:
2022 The Foundation for the Educational Development of Children 990 filed

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