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Cpa Endowment Fund of Illinois

Cpa Endowment Fund of Illinois

Chicago, IL 606615716
Tax ID36-4261924

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About this organization

Revenue

$432,682

Expenses

$294,916

Website

icpas.org

Mission

Serve the public by encouraging accounting as a career & providing scholarships to college students.

About

Scholarships: for high-achieving accounting students at Illinois universities who demonstrate a commitment to becoming a CPA. Scholarships are primarily awarded to students in their fourth and fifth year of study, as the fifth year can be a significant hurdle for bright and motivated young people striving to join the CPA profession. Certain scholarships are designated for minority and women students to increase diversity in the profession and support future women leaders. CPA exam award: for many accounting students and new graduates, the cost of the CPA examination can be an obstacle in their journey to become CPAs. This financial award reimburses qualified candidates for the NASBA fee.

Interesting data from their 2020 990 filing

The purpose of the non-profit is listed in the filing as “To ensure a strong, talented, and diverse cpa profession in illinois by encouraging individuals to choose accounting as a career choice and become a cpa, and by supporting students, particularly those in need, in achieving the cpa.”.

When discussing its operations, they were characterized as: “Serve the public by encouraging accounting as a career & providing scholarships to college students.”.

  • 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 550 W JACKSON NO 900, CHICAGO, IL, 606615716.
  • The form submitted by the non-profit for 2020 shows a total of 0 employees.
  • Is not a private foundation.
  • Expenses are between $250,000 and $500,000.
  • Revenue is between $250,000 and $500,000.
  • Revenue less expenses is $137,766.
  • The organization has 19 independent voting members.
  • The organization was formed in 1998.
  • The organization pays $89,871 in salary, compensation, and benefits to its employees.
  • The organization pays $51,324 in fundraising expenses.

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