The Chicago Scholars Foundation
The Chicago Scholars Foundation
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About this organization
Mission
We uniquely select, train, and mentor academically ambitious students from under-resourced communities to complete college and become the next generation of leaders who will transform their neighborhoods and our city.
About
Chicago Scholars offers an innovative seven-year program lasting from the senior year of high school through the senior year of college and ending with two years of leadership development - that helps academically ambitious and talented first generation and underserved youth graduate from the college of their choice while providing employers with a quality, diverse and college-educated workforce. Each year Chicago Scholars works to improve its programs, services and partnerships. 86% of the class of 2024 are first generation college students representing 98 Chicago high schools. 96% of the class of 2023 enrolled at a four-year college. Historically 95% of scholars persist into their second year of college, and 83% earn their degrees within 6 years at over 467 colleges and universities. To date, over 4,200 Chicago Scholars are in or have completed this program.
Interesting data from their 2020 990 filing
The purpose of the non-profit is listed in the filing as “Chicago scholars is transforming the leadership landscape of our city by resolving the fundamental barriers to success for academically driven, first generation college students from under-resourced communities. through college counseling, mentoring, and by providing a supportive community to our scholars through each phase of our program: college access: launch, college persistence: lift and college to careers: lead, we ensure that they realize their full potential as students and leaders.”.
When discussing its operations, they were characterized as: “We uniquely select, train, & mentor academically ambitious students from under-resourced communities to complete college & become the next generation of leaders who will transform their neighborhoods & our city.”.
- The non-profit's legally reported state of operation is IL.
- The filing states that the non-profit's address in the year 2020 is 247 SOUTH STATE STREET NO 700, CHICAGO, IL, 60604.
- The form submitted by the non-profit for 2020 shows a total of 57 employees.
- Is not a private foundation.
- Expenses are greater than $1,000,000.
- Revenue is greater than $1,000,000.
- Revenue less expenses is -$1,213,871.
- The organization has 29 independent voting members.
- The organization was formed in 1996.
- The organization pays $3,370,321 in salary, compensation, and benefits to its employees.
- The organization pays $481,880 in fundraising expenses.
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