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Education : Adult Education Programs and Services

The Chicago Public Education Fund

A venture capital fund for public education

four stars

95.96

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 95.96 four stars
  Financial 95.93 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 02/01/2021 and includes data from FY2019, 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.

Financial

four stars

95.93

Accountability & Transparency

four stars

96.00

This rating was published 02/01/2021 and includes data from FY2019, 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)
86.3%
  Administrative Expenses 9.4%
  Fundraising Expenses 4.2%
  Fundraising Efficiency $0.02
  Working Capital Ratio (years) 4.74
  Program Expenses Growth 4.9%
  Liabilities to Assets 1.6%
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) 95.96 four stars
Second Chance (MD) 88.26 three stars
School for Advanced Research (NM) 85.61 three stars
Jobs For America's Graduates (VA) 91.90 four stars
SEG Foundation (OK) 86.97 three stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $6,056,803
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $0
   Government Grants $0
Total Contributions $6,056,803
   Program Service Revenue $0
Total Primary Revenue $6,056,803
   Other Revenue $224,177
TOTAL REVENUE $6,280,980
   
EXPENSES  
   Program Expenses $4,545,379
   Administrative Expenses $397,113
   Fundraising Expenses $143,331
TOTAL FUNCTIONAL EXPENSES $5,085,823
   
Payments to Affiliates $0
Excess (or Deficit) for the year $1,195,157
   
Net Assets $22,655,986

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
Program and Innovation $2,682,437 59.0%
Systems and Policies $1,325,553 29.2%
Educator Engagement $537,389 11.8%

Ratings History
The Chicago Public Education Fund has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2019-12 02/01/2021 95.96 four stars
2018-12 03/01/2020 95.37 four stars
2017-12 03/01/2019 97.13 four stars
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

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, 2018
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
Compensation % of Expenses Paid to Title
$333,102 6.54% Heather Y. Anichini President, CEO

Highly Rated

Charity Name & State Overall Score Overall Rating
The Chicago Public Education Fund (IL) 95.96 four stars
Jobs For America's Graduates (VA) 91.90 four stars
The Education Foundation of Collier County (FL) 98.14 four stars
Hudson Link for Higher Education in Prison (NY) 89.81 three stars
Mozilla Foundation (CA) 96.01 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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