SKOKIE COUNTRY CLUB EDUCATIONAL FOUNDATION

EIN: 363242939 501(c)(3)

WINNETKA, IL

Total Revenue
$263,887
Total Expenses
$290,985
Total Assets
$272,917
Net Assets
$267,917
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1983
Legal Domicile
IL
Principal Officer
KATHY PALECZNY
Phone
8478350600
Tax Period
2025-01-01 to 2025-12-31

SKOKIE COUNTRY CLUB EDUCATIONAL FOUNDATION, founded in 1983, is a small nonprofit that reported $264K in total revenue in fiscal year 2025. Revenue decreased 7% compared to the prior year. Expenses of $291K exceeded revenue, resulting in a 10% operating deficit.

Mission

IT IS THE MISSION OF SKOKIE COUNTRY CLUB EDUCATIONAL FOUNDATION TO AWARD SCHOLARSHIPS, IN NUMBERS AND AMOUNTS CONSISTENT WITH THE FUNDS AVAILABLE AND THE OTHER FINANCIAL COMMITMENTS OF THE FOUNDATION, TO QUALIFIED STUDENTS. THE STUDENTS TO WHOM THE SCHOLARSHIPS SHALL BE AWARDED SHALL BE SELECTED FROM AMONG THE QUALIFIED APPLICANTS THERFOR, BY AN INDEPENDENT SCHOLARSHIP COMMITTEE WITHOUT REGARD TO SEX, RACE, RELIGION OR NATIONAL ORIGIN.

Program Service Accomplishments

Program 1
Expenses: $289,332 Revenue: $7,789

SKOKIE COUNTRY CLUB EDUCATIONAL FOUNDATION AWARDED 55 INDIVIDUAL SCHOLARSHIPS FOR THE YEAR 2025 TOTALING $286,500 THAT WILL LEAD TO EITHER A BACCALAUREATE DEGREE OR A TRADE THROUGH TRADE OR...

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SKOKIE COUNTRY CLUB EDUCATIONAL FOUNDATION AWARDED 55 INDIVIDUAL SCHOLARSHIPS FOR THE YEAR 2025 TOTALING $286,500 THAT WILL LEAD TO EITHER A BACCALAUREATE DEGREE OR A TRADE THROUGH TRADE OR VOCATIONAL SCHOOL. THE FOUNDATION HAS AWARDED $740,005 IN SCHOLARSHIPS TO 225 INDIVIDUALS OVER THE PAST FIVE YEARS.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2025)

Revenue Breakdown

Contributions & Grants $256,098
Program Service Revenue $0
Investment Income $7,789
Other Revenue $0
TOTAL REVENUE $263,887

Expense Breakdown

Grants Paid $286,500
Salaries & Benefits $0
Fundraising Expenses $0
Program Expenses $289,332
Other Expenses $4,485
TOTAL EXPENSES $290,985

Year-over-Year Comparison

2025 2024 Change
Revenue $263,887 $282,600 -0.1%
Expenses $290,985 $229,423 +0.3%
Net Income $-27,098 $53,177 -1.5%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
16
Independent Members
16
Employees
N/A
Volunteers
16

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
2
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL F PETERSEN PRESIDENT 1.00
Officer Director
$0 $0 $0
WILLIAM WEINSHEIMER DIRECTOR 1.00
Director
$0 $0 $0
THOMAS BONNEL DIRECTOR 1.00
Director
$0 $0 $0
RICHARD KENEMAN DIRECTOR 1.00
Director
$0 $0 $0
MOLLY OSBORNE DIRECTOR 1.00
Director
$0 $0 $0
KATHY PALECZNY DIRECTOR 1.00
Director
$0 $0 $0
MARK F STEPHAN DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS P SUTTON DIRECTOR 1.00
Director
$0 $0 $0
CHARLES SCUPHAM DIRECTOR 1.00
Director
$0 $0 $0
JAY HEALD TREASURER 1.00
Officer Director
$0 $0 $0
ROBERT BYRON DIRECTOR 1.00
Director
$0 $0 $0
JOHN R PHILLIPS DIRECTOR 1.00
Director
$0 $0 $0
CHRISTOPHER GLASS DIRECTOR 1.00
Director
$0 $0 $0
LELAINE PAIK DIRECTOR 1.00
Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $263,887 $290,985 $272,917 $-27,098
2024 $282,600 $229,423 $295,015 $53,177
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