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FOUNDRY EDUCATIONAL FOUNDATION DBA FEF

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Public IRS 990 nonprofit record

FOUNDRY EDUCATIONAL FOUNDATION DBA FEF

EIN 34-0714666 · Education (B)

What they do

FOUNDRY EDUCATIONAL FOUNDATION STRENGHTENS THE METAL CASTING INDUSTRY BY SUPPORTING UNIQUE PARTNERSHIPS AMONG STUDENTS, EDUCATORS, and INDUSTRY, HELPING TODAYS STUDENTS BECOME TOMORROWS LEADERS.

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $81.40 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders45 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

87.72%of revenue went to mission work81.4% of expenses · Program services
7.15%of revenue went to fundraising6.6% of expenses
$107.83spent for every $100 of revenueSpending was higher than revenue this year.
12.96%of revenue went to management and office costs12.0% of expenses
$4.91in assets for every $1 spent this yearSome assets cannot be spent right away.
59.8%of its money came from giftsOther money may come from services or investments.

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Worth asking: Expenses exceeded revenue by $188,374 this year. Ask whether that was planned or caused by a one-time event.

Pay context: The highest compensation shown in this filing is $172,906 for BRIAN LEWIS (EXECUTIVE DIR.). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$2,406,772
Mission workProgram services$2,111,16787.72% of revenue81.4% of expenses
ManagementOffice and general costs$311,89112.96% of revenue12.0% of expenses
FundraisingAsking for donations$172,0887.15% of revenue6.6% of expenses
Total expenses$2,595,146107.83% of revenue

Expenses were greater than revenue, so the colored ring fills the available $100 and the total above 100% is shown below.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2024CurrentExpense mix: 81.4% mission · 12.0% management · 6.6% fundraisingTotal expenses: 107.83% of revenue
2023Expense mix: 79.8% mission · 11.4% management · 8.8% fundraisingTotal expenses: 110.80% of revenue
2022Expense mix: 82.2% mission · 9.7% management · 8.1% fundraisingTotal expenses: 126.69% of revenue
2021Expense mix: 82.5% mission · 8.6% management · 8.9% fundraisingTotal expenses: 86.77% of revenue
2020Expense mix: 81.1% mission · 9.4% management · 9.4% fundraisingTotal expenses: 96.72% of revenue
2019Expense mix: 80.1% mission · 7.9% management · 12.0% fundraisingTotal expenses: 101.37% of revenue
2018Expense mix: 81.3% mission · 7.4% management · 11.3% fundraisingTotal expenses: 88.24% of revenue
2017Expense mix: 81.7% mission · 7.7% management · 10.6% fundraisingTotal expenses: 77.84% of revenue

Money in and money out

Revenue$2,406,772
Expenses$2,595,146
Annual shortfall $188,374 Expenses were higher than revenue for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$2,111,167 · 81.4% of expenses
Management and office costs$311,891 · 12.0% of expenses
Fundraising$172,088 · 6.6% of expenses
See all reported dollar amounts
Revenue$2,406,772
Expenses$2,595,146
Assets$12,739,289
Income$9,063,140
Contributions$1,439,243
Mission work (program services)$2,111,167
Fundraising$172,088
Grants given$1,445,698
Average grant$14,174
Management and general$311,891
Stocks and bonds$12,085,757
Accounting fees$17,580
Investing fees$64,034
People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
BRIAN LEWISEXECUTIVE DIR. · 40 hrs/week $172,906

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (45)

BRIAN LEWISEXECUTIVE DIR.

PHIL EATHERTON JOINED 425DIRECTOR

LES BROWN THRU 425DIRECTOR

LIBBY RYDERDIRECTOR

LIZETH MEDINAVICE PRESIDENT

MADDIE SMITHDIRECTOR

MATTHEW HLADKI JOINED 425DIRECTOR

MAUREEN P LYNNSECRETARY

MICHAEL MEYER THRU 425DIRECTOR

MIKE PETRUSPAST PRESIDENT

MIKE KAMIN JOINE 425DIRECTOR

PAUL HUFFMANDIRECTOR

PETER KIMDIRECTOR

KELLEY KERNSDIRECTOR

REECE RAGSDALEDIRECTOR

RYAN BRATTRUDDIRECTOR

SANDY CALABRESE JOINED 425DIRECTOR

SCOTT ZANDARSKIDIRECTOR

STEVE SIKORSKI THRU 425DIRECTOR

TOM DEMPSEYTREASURER

TRENT PEARSONDIRECTOR

TYLER ECKDIRECTOR

WIL TINKER THRU 425DIRECTOR

JACOB JOHNSONDIRECTOR

BEN HUNSICKER THRU 425DIRECTOR

BRAD OHLRICHDIRECTOR

BRANDON KRUSEDIRECTOR

CHRIS FETTERS THRU 425DIRECTOR

COREY JARVIS JOINED 425DIRECTOR

DAVID FLETCHERDIRECTOR

DAVID CLARK THRU 425DIRECTOR

DOUG IMRIEDIRECTOR

ERIC HANSONDIRECTOR

EVAN LETOURNEAUDIRECTOR

KRAMER PURSELLDIRECTOR

JASON GUTIERREZPRESIDENT

JERRY THIELDIRECTOR

JIM KUNDRATICVICE PRESIDENT

JIM WENSONDIRECTOR

JOE COSTABILE THRU 425DIRECTOR

JOEY LEONARDDIRECTOR

JOHN KEOUGH THRU 425DIRECTOR

JOHNNY HILLDIRECTOR

JON POLLARDDIRECTOR

ANDY SHEADIRECTOR

About this charity

Recognized since
January 1958
Location
1695 N PENNY LN, SCHAUMBURG, IL 60173-4555
County
Cook
In care of
BRIAN LEWIS
Primary officer
BRIAN LEWIS, Executive Dir.

How to reach them

WebsiteVisit the charity’s website Emailinfo@fefinc.org Phone(847) 490-9200

Filing and classification

Latest tax year
2024
Tax period began
May 1, 2024
Return type
990
Tax preparer
COSTABILE & STEFFENS PC
NTEE classification
Education (B)
IRS tax category
Education
Grant-giving organization
Yes

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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