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Master Educational Assistance Foundation is a private corporation based in OAK PARK, IL. The foundation received its IRS ruling in 1988. It holds total assets of $3.3M. Annual income is reported at $169K. Total assets have decreased from $8.5M in 2011 to $3.5M in 2023. The foundation is governed by 2 officers and trustees. Scholarships and other assistance to innercity youth, disabled persons, low income seniors, and families of military or first responders. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2023. According to available records, Master Educational Assistance Foundation has made 174 grants totaling $820K, with a median grant of $3K. Annual giving has decreased from $500K in 2022 to $321K in 2023. Individual grants have ranged from $438 to $34K, with an average award of $5K. The foundation has supported 102 unique organizations. The foundation primarily supports organizations in Illinois, Maryland, Michigan, which account for 84% of all grants. Grantmaking reaches organizations across 13 states. Contributions to this foundation are tax-deductible.
Scholarships and other assistance to innercity youth, disabled persons, low income seniors, and children of military or first responders
Expenses: $102K
Donations and other financial or in-kind assistance to various charitable organizations, schools, churches, veterans groups, military, police memorials, etc (see part xv)
Expenses: $222K
Scholarships and other assistance to innercity youth, disabled persons, low income seniors, and families of military or first responders. Based on available records, the foundation has funded 174 grants. Its grantmaking reaches organizations primarily in IL, MD, MI.
Master Educational Assistance Foundation has distributed a total of $820K across 174 grants. The median grant size is $3K, with an average of $5K. Individual grants have ranged from $438 to $34K.
Master Educational Assistance Foundation typically selects its grantees rather than accepting unsolicited proposals.
Master Educational Assistance Foundation is headquartered in OAK PARK, IL. While based in IL, the foundation distributes grants to organizations across 13 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| James Franklin Zangrilli | DIRECTOR | $35K | $0 | $35K |
| James Francis Zangrilli | EXECUTIVE DIRECTOR | $10K | $0 | $10K |
Total Giving
$403K
Total Assets
$3.5M
Fair Market Value
$6.5M
Net Worth
$3.5M
Grants Paid
$321K
Contributions
N/A
Net Investment Income
$186K
Distribution Amount
$299K
Total: $3.3M
Total Grants
174
Total Giving
$820K
Average Grant
$5K
Median Grant
$3K
Unique Recipients
102
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Opportunity KnocksCONTRIBUTIOR | River Forest, IL | $3K | 2023 |
| Little Sisters Of The PoorCONTRIBUTIOR | Palatine, IL | $2K | 2023 |
| Shriners HospitalCONTRIBUTIOR | Tampa, FL | $1K | 2023 |
| University Of ChicagoSCHOLARSHIP | Chicago, IL | $34K | 2023 |
| Christ The King CollegeCONTRIBUTIOR | Chicago, IL | $24K | 2023 |
| St Frances Of Rome SchoolCONTRIBUTIOR | Cicero, IL | $23K | 2023 |
| Liberty Forever FoundationCONTRIBUTIOR | Chicago, IL | $21K | 2023 |
| Frieda Inc FoundationCONTRIBUTIOR | Wheeling, IL | $20K | 2023 |
| Resilience Partners NfpCONTRIBUTIOR | Chicago, IL | $18K | 2023 |
| Pilsen Promise ProjectCONTRIBUTIOR | Chicago, IL | $18K | 2023 |
| Illinois CollegeSCHOLARSHIP | Jacksonville, IL | $17K | 2023 |
| University Of IllinoisSCHOLARSHIP | Urbana, IL | $12K | 2023 |
| Center For Spiritual LivingCONTRIBUTIOR | Towson, MD | $10K | 2023 |
| American Brain Tumor AssociationCONTRIBUTIOR | Chicago, IL | $7K | 2023 |
| Indiana UniversitySCHOLARSHIP | Bloomington, IN | $7K | 2023 |
| Lansing Catholic High SchoolSCHOLARSHIP | Lansing, MI | $6K | 2023 |
| St Pius V SchoolCONTRIBUTIOR | Chicago, IL | $6K | 2023 |
| St Agnes Of Bohemia SchoolCONTRIBUTIOR | Chicago, IL | $6K | 2023 |
| Chicago Police Memorial FoundationCONTRIBUTIOR | Chicago, IL | $6K | 2023 |
| Gordon Memorial FoundationCONTRIBUTIOR | Orland Park, IL | $5K | 2023 |
| Chicago Police Marines LgCONTRIBUTIOR | Chicago, IL | $5K | 2023 |
| College Of DupageSCHOLARSHIP | Glen Ellyn, IL | $5K | 2023 |
| St Catherine UniversitySCHOLARSHIP | St Paul, MN | $4K | 2023 |
| Hammond SchoolCONTRIBUTIOR | Chicago, IL | $4K | 2023 |
| St Gerard SchoolSCHOLARSHIP | Lansing, MI | $3K | 2023 |
| Resurrection ProjectCONTRIBUTIOR | Chicago, IL | $3K | 2023 |
| University Of OregonSCHOLARSHIP | Eugene, OR | $3K | 2023 |
| St Andrew SchoolSCHOLARSHIP | Park Ridge, IL | $3K | 2023 |
| Brotherhood For FallenCONTRIBUTIOR | Chicago, IL | $3K | 2023 |
| Race Education FundCONTRIBUTIOR | Chicago, IL | $3K | 2023 |
| Milliken UnivesitySCHOLARSHIP | Decatur, IL | $3K | 2023 |
| St Jude HospitalCONTRIBUTIOR | Memphis, TN | $3K | 2023 |
| El Nino ReyCONTRIBUTIOR | Northbrook, IL | $3K | 2023 |
| Lifetough Kids FoundationCONTRIBUTIOR | Chicago, IL | $3K | 2023 |
| Ignite The SpiritCONTRIBUTIOR | Chicago, IL | $3K | 2023 |
| St Agnes Of BohemiaSCHOLARSHIP | Chicago, IL | $2K | 2023 |
| Chicago Police Sgts AssociationCONTRIBUTIOR | Chicago, IL | $2K | 2023 |
| Chicago Academy High SchoolCONTRIBUTIOR | Chicago, IL | $2K | 2023 |
| Smith Music SchoolCONTRIBUTIOR | Nashville, TN | $2K | 2023 |
| Memphis Music SchoolCONTRIBUTIOR | Memphis, TN | $2K | 2023 |
| House Of The Good ShepherdCONTRIBUTIOR | Chicago, IL | $2K | 2023 |
| Savannah Tree FoundationCONTRIBUTIOR | Savannah, GA | $2K | 2023 |
| Oppd Youth SportsCONTRIBUTIOR | Oak Park, IL | $1K | 2023 |
| City Colleges Of ChicagoSCHOLARSHIP | Chicago, IL | $1K | 2023 |
| St Labre Indian SchCONTRIBUTIOR | Ashland, MT | $1K | 2023 |
| Echo Home RanchCONTRIBUTIOR | Hereford, AZ | $1K | 2023 |
| Oak Park FopCONTRIBUTIOR | Oak Park, IL | $1K | 2023 |
| Ups For DownsCONTRIBUTIOR | Schaum, IL | $1K | 2023 |
| Emerald SocietyCONTRIBUTIOR | Chicago, IL | $1K | 2023 |