CTU Foundation gave away nearly $2 million to charities and community organizations (most in Chicago) during the first year after the $47 million sale of the Fewkes Tower created a major entity financed by CTU members' assets, while the activities of the Foundation were never disclosed to the uni
During its fiscal year 2015, according to its "990" filing with the Internal Revenue Service, the CTU Foundation gave more than a million dollars to charitable entities, most of them community organizations in Chicago that had previously supported the union and union teachers without subsidies from the union. The massive number of donations was made possible after the CTU Foundation's assets were increased by the sale of the Fewkes Tower, which had been a property of the Chicago Teachers Union. As reported on November 6 in this series, the CTU Foundation's officers are the same as the officers of the Chicago Teachers Union. Why the Foundation's activities have not been reported to the union's delegates and members remains a mystery as of this writing. [Disclosure: This reporter was a founding member of CORE and was the first person working at the CTU offices to bring the existence of the Fewkes Tower corporation to the notice of the union's officers in 2010. I have since been eliminated from all CTU work for reasons unknown...].
Donations from the CTU Foundation during 2014 fiscal year…
Purpose of the Foundation, which is a 501 ( c) (4) organization under the Internal Revenue Code.
THE CHICAGO TEACHERS UNION FOUNDATION, INC ("FOUNDATION") WAS ORGANIZED FOR EDUCATIONAL AND SOCIAL WELFARE PURPOSES WITHIN THE
MEANING OF SECTION 501 (C)(4) OF THE INTERNAL REVENUE CODE THE FOUNDATION'S CIVIC AND CHARITABLE PURPOSES INCLUDE THE FOLLOWING SUPPORT
OF PROJECTS, PROGRAMS, COMMUNITY ORGANIZATIONS AND OTHER NOT-FOR-PROFIT ORGANIZATIONS THAT PROVIDE SERVICES TO IMPROVE AND ASSIST
PUBLIC SCHOOLS, TEACHERS AND THEIR DEPENDENTS AND RETIRED TEACHERS, INCLUDING FINANCIAL ASSISTANCE FOR ELIGIBLE ELDERLY AND RETIRED
CHICAGO PUBLIC SCHOOLTEACHERS
(Page Two)
Revenue from sales of assets: $47,736,077 (sale of Fewkes Tower)…
Grants and assistance total:
$1,933,500
Grants and assistance to organizations
Scholarships: $12,000
Access Living of Chicago… $35,000
First Book, Washington D.C.… $150,000
Crossroad Fund, Chicago… $200,000
ARISE of Chicago…$5,090
Young Chicago Authors, Chicago… $75,000
Action Now Institute, Chicago… $35,000
Albany Park Neighborhood Council, Chicago… $35,000
Brighton Park Neighborhood Council, Chicago… $35,000
Community Organizing and Family Issues (COFI), Chicago, $35,000
The DuSable Museum, Chicago…$100,000
ETA Creative Arts Foundation, Chicago… $50,000
Grow Your Own Teachers, Chicago…$75,000
Art and Soul Foundation, Chicago… $50,000
Mission of Our Lady of Mercy, Chicago… $100,000
Children’s and Teachers Foundation of CTU, Chicago… $250,000
Logan Square Neighborhood Association, Chicago… $35,000
Blocks Together, Chicago… $35,000
Pilsen Alliance, Chicago… $35,000
ENLACE Chicago…$35,000
Kenwood Oakland Community Organization (KOCO), Chicago…$60,000
Raise Your Hand Illinois, Chicago… $35,000
Southwest Organizing Project, Chicago… $35,000
Dainty Warrior Project, Chicago… $25,000
Kids Enjoy Exercise Now Foundation, Chicago… $25,000
Mary E. Smith Foundation, Matteson, IL… $35,000
Misericordia Homes, Chicago… $100,000
Albany Park Theater Project, Chicago… $35,000
Special Children’s Charities, Chicago… $50,000
University of Illinois Foundation, Chicago… $50,000
Veterans for Peace, Chicago… $10,000
Network for Public Education, Tucson, AZ… $100,000
