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Kooi Education Fund

Profile

Last Updated: 2016-02-02

At A Glance

Kooi Education Fund

(formerly Elmer J. Kooi, Beatrice A. Kooi and Robert J. Kooi Education Fund)

111 W. Monroe St., Ste. 10C

Chicago, IL United States 60603-4026

Type of Grantmaker

Independent foundation

Financial Data

(yr. ended 2014-12-31)

Assets: $3,558,228

Total giving: N/A

EIN

363899844

BRIDGE Number

8188554473

Background

Established in 1993 in IL

Purpose and Activities

Giving primarily for college loans to individuals.

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Loans to students of Marengo Community High School, IL, for undergraduate and vocational education.

Student Loan Program

Scholarships to students who have graduated from Marengo Community High School and desire to secure a college or vocational education may apply for an annual $6,000 loan. Two students, one male and one female are selected by the high school principal or a committee appointed by the principal for that purpose. The loan will not exceed $6,000 per year, and a student receiving a loan for the first year in school will be eligible to receive additional loans for each year he or she continues in school until the student graduates or leaves school. A total of no more than four years of aid will be provided to each student over a period of not more than eight years.

Financial Data

Year ended 2014-12-31

Assets: $3,558,228 (market value)

Expenditures: $43,183

Total giving: N/A

Qualifying distributions: $91,261