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Education : Adult Education Programs and Services

The Chicago Public Education Fund

A venture capital fund for public education

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Impact Information Available
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four stars

97.10

200 West Adams Street Suite 2150
Chicago, IL 60606
tel: (312) 558-4500   Web Site
EIN: 36-4279013

Board Leadership
Brent Gledhill
Chair

CEO
Heather Y. Anichini
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 97.10 four stars
  Financial 99.14 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.

As a venture capital fund for public education, The Chicago Public Education Fund (CPEF) invests dollars and ideas in well-managed, high-impact programs that improve school leadership and student achievement system wide. Our mission is to accelerate achievement for all Chicago public school students, especially our neediest, by building talented teams of principals and teachers. Using our model, CPEF provides critical strategic management assistance to the programs we support, helping them create strategic plans, hire management teams, recruit board members, and develop additional sources of financial support. CPEF serves as a catalyst and strategic investment partner with businesses, foundations, civic and community leaders, and the Chicago Public Schools.

As a venture capital fund for public education, The Chicago Public Education Fund (CPEF) invests dollars and ideas in well-managed, high-impact programs that improve school leadership and student achievement system wide. Our mission is to accelerate achievement for all Chicago public school students, especially our neediest, by building talented teams of principals and teachers. Using our model, CPEF provides critical strategic management assistance to the programs we support, helping them create strategic plans, hire management teams, recruit board members, and develop additional sources of financial support. CPEF serves as a catalyst and strategic investment partner with businesses, foundations, civic and community leaders, and the Chicago Public Schools.

Impact Information

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This impact information is current as of November 2017, when it was provided to us by GuideStar. Impact information published on this organization's rating page has no effect on its rating at this time. data iconLearn More

Financial

four stars

99.14

Accountability & Transparency

four stars

96.00

This rating was published 05/01/2018 and includes data from FY2016, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
82.0%
  Administrative Expenses 11.7%
  Fundraising Expenses 6.1%
  Fundraising Efficiency $0.05
  Working Capital Ratio (years) 2.68
  Program Expenses Growth 27.9%
  Liabilities to Assets 4.6%
All data for Financial Performance Metrics calculations was provided by The Chicago Public Education Fund on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by The Chicago Public Education Fund on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
The Chicago Public Education Fund (IL) 97.10 four stars
Cleveland Leadership Center (OH) 86.53 three stars
Getting Out and Staying Out (NY) 87.88 three stars
Robert Toigo Foundation (CA) 91.22 four stars
Second Chance (MD) 85.43 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $3,302,398
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $3,302,398
   Program Service Revenue $0
Total Primary Revenue $3,302,398
   Other Revenue $121,639
TOTAL REVENUE $3,424,037
   
EXPENSES  
   Program Expenses $3,934,026
   Administrative Expenses $525,879
   Fundraising Expenses $189,851
TOTAL FUNCTIONAL EXPENSES $4,649,756
   
Payments to Affiliates $0
Excess (or Deficit) for the year $-1,225,719
   
Net Assets $10,861,615

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Program Name Amount Spent % of Program Expenses
Principal Quality Initiative $1,814,902 46.1%
Innovative Educator Network $1,617,315 41.1%
Educator Engagement $501,809 12.8%

Ratings History
The Chicago Public Education Fund has received 3 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2016-12 05/01/2018 97.10 four stars
2015-12 05/01/2017 94.61 four stars
2014-12 06/01/2016 90.50 four stars
 
CN 2.0
2014-12 04/01/2016 90.04 four stars
2013-12 07/01/2015 86.11 three stars
2012-12 04/01/2014 81.47 three stars
2011-12 06/01/2013 79.94 two stars
2010-12 04/01/2012 83.13 three stars
2009-12 09/20/2011 87.64 three stars
 
CN 1.0
2009-12 05/01/2011 86.43 three stars
2008-12 04/01/2010 98.58 four stars
2007-12 04/01/2009 98.77 four stars
2006-12 10/01/2007 85.98 three stars
2005-12 07/01/2007 88.54 three stars
2004-12 11/01/2005 97.40 four stars
2003-12 10/01/2004 88.82 three stars
2002-12 10/01/2003 89.14 three stars
2001-12 02/05/2003 88.34 three stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 36-4279013
Name in IRS Master File CHICAGO PUBLIC EDUCATION FUND
NTEE Code B02
NTEE Classification Management & Technical Assistance
NTEE Type Educational Institutions and Related Activities
Classification Educational Organization
Subsection 501(c)(3)  (View the list of codes)
Activities
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date November, 1999
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
  • December, 2012

The data displayed in this profile is provided by the IRS for free in the form of Publication 78 and the Business Master File (BMF).

Compensation % of Expenses Paid to Title
$297,811 6.40% Heather Y. Anichini President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Chicago Public Education Fund (IL) 97.10 four stars
JobTrain (CA) 89.54 three stars
School for Advanced Research (NM) 88.22 three stars
Cleveland Leadership Center (OH) 86.53 three stars
The Education Foundation of Collier County (FL) 97.14 four stars

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Charity Contact Info

The Chicago Public Education Fund
200 West Adams Street
Suite 2150
Chicago, IL 60606
tel: (312) 558-4500
EIN: 36-4279013

Visit Web Site

Board Leadership

Brent Gledhill
Chair

CEO

Heather Y. Anichini
President, CEO

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