2025-05-12T13:31:24-07:00 2024-06-30 990 2023-07-01 363309063 TRINITY ROSELLE FOUNDATION TRIN 6308943263 405 Rush Street Roselle IL 60172 Peter Croner Director 6308943263 2025-05-12 1 2023 2025-03-06 01:10:19Z Andy Trosper 405 Rush Street Roselle IL 60172 348793 0 X www.trinityrosellefoundation.com X 1983 IL Trinity Roselle Foundation is a 501(c)(3) charitable foundation supporting the ministry opportunities of Trinity Evangelical Lutheran Congregation, U.A.C. and School in Roselle, Illinois. The foundation seeks to expand the Lord's work among His people, both in Roselle and beyond. Loved by Christ, Trinity gathers, grows, and sends. 11 9 0 9 0 0 111775 150574 0 0 163492 136290 1879 2078 277146 288942 183072 146934 0 0 0 0 5000 5000 5000 14413 15270 202485 167204 74661 121738 2339774 2641059 11226 8000 2328548 2633059 X Trinity Roselle Foundation provides individuals wishing to partner with Trinity's promise, the opportunity to strengthen biblically sound ministries that enrich our community, as we build the impact to others with financial gifts and support beyond regular giving. Individuals are encouraged by the Foundation to share their blessings from God to extend our ability to bless others. Its gift giving acceptance policy is structured to enable donations and bequests to be prioritized and directed to ministries dearest to the donor's hearts. 0 0 43270 42000 87866 School Fund - Contributions and earnings generated from investments within this fund are used to partner with Trinity Lutheran School providing assistance to school families wishing to send their children to the school but lack the financial means to afford full tuition. An independent organization analyzes applications for tuition assistance from both current and prospective school families. Needs-based assistance is provided to approved families through the school's Grant-in-Aid Program. Grants provided by the Foundation fill a portion of the tuition affordability gap for families that apply for and are approved for financial assistance through this program. Additionally, Foundation grants provide for the addition, modernization and replacement of technology, equipment and facilities needed by the school to maintain a state-of-the-art learning environment. Past funding has also provided for teacher training and parent workshops that sharpen parental skills that augment partnering with school faculty to help children develop into better students and responsible young Christians. 67179 67179 62906 T-Fund - Contributions and earnings generated within this fund are used to provide tuition assistance to school families that are also members of Trinity Lutheran Church. The fund was established by a church member as a way to show his gratitude to the church/school for providing assistance to his family when his children were attending Trinity Lutheran School. 21896 19355 52925 Church Fund - Contributions and earnings generated from investments within this fund are used to provide financial support to Trinity Lutheran Church assisting with expenditures that fall outside of normally budgeted expense lines. An example for the current year was providing support for architectural services required to convert former day school classrooms into newly renovated Child Daycare rooms, compliant with Illinois Department of Child & Family Services requirements. 21502 18400 85245 General Foundation Fund - Contributions and earnings generated from investments within this fund are used to provide assistance for a variety of Board approved grant requests. Funding requests have covered grants to local schools to purchase supplies for needy families, ongoing support to local not-for-profit organizations within the community, and to cover the cost of financial acumen classes for individuals experiencing difficulty in managing their personal finances. The School Tuition Fund - Contributions and earnings generated from investments in this fund are used to provide financial support to all Trinity Lutheran School families. This assistance helps make Trinity Lutheran School a bit more affordable for all school families by cushioning the impact of annual increases to the cost of education passed along through higher tuition and fees. Prange-Mueller Endowment Fund - Earnings generated from investments within this fund are used to provide assistance to individuals wishing to go into church and ministry work. Assistance may be in the form of special training, tuition for college classes and seminary attendance among others. Other Dedicated Funds - represents miscellaneous small funds. 21502 18400 85245 153847 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 X 11 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 0 0 0 0 0 IL X Peter Croner 6308943263 405 Rush Street Roselle IL 60172 Reverend Jonathan D Petzold President and Director 2 40 X X 0 51146 94267 Don Gillingham Vice Chairperson and Director 1 40 X 0 112892 17191 Carole J Arco Treasurer and Director 2 40 X X 0 71991 43403 Peter Croner Assistant Treasurer and Director 4 0 X X 0 0 0 Andy Trosper Chairperson and Director 4 0 X X 0 0 0 Theresa Mittelbrun Secretary and Director 4 16 X X 0 0 0 John Kelm Director 4 0 X 0 0 0 David Bowen Director 1 0 X 0 0 0 Jeff Behrens Director 2 0 X 0 0 0 Candi Eichholz Director 3 0 X 0 0 0 Tracy Geisler Director 2 0 X 0 0 0 0 236029 154861 0 1 0 0 0 0 0 0 0 0 150574 0 150574 0 0 0 0 0 136641 136641 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 59500 0 59851 0 -351 0 -351 -351 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 Cash Surrender Value-Life Insurance Policies 900099 2078 2078 0 0 0 0 0 0 2078 288942 138368 0 0 145934 145934 1000 1000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 7200 0 7200 0 0 0 0 0 5000 5000 0 0 0 0 0 0 0 0 4643 4643 0 0 663 663 0 0 1607 1607 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1157 0 1157 0 0 0 0 0 167204 153847 8357 5000 92222 108866 0 0 0 0 205 318 0 0 0 0 0 0 0 0 1156 1275 2208545 2490876 0 0 0 0 0 0 37646 39724 2339774 2641059 11226 8000 0 0 0 0 0 0 0 0 0 0 0 0 0 0 11226 8000 X 2116242 2417704 212306 215355 2328548 2633059 2339774 2641059 121738 182773 0 0 0 0 X 1 X 0 1 0 X 120700 44208 136351 111776 150574 563609 0 0 0 0 0 0 0 0 0 0 0 0 120700 44208 136351 111776 150574 563609 563609 86968 162409 205701 163493 136641 755212 0 0 0 0 0 0 0 0 0 0 0 1318821 0 0.42736 0.35863 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1966680 20367 8895 0 1900987 0 94955 1881482 108246 168843 177072 0 14819 1966680 2031406 131886 -173538 81216 0 27056 1881482 1724650 55494 421504 159025 0 11217 2031406 1597537 120071 66155 43800 0 15313 1724650 0.321 0.679 0 0 0 Schedule D, Part V, Line 4 During the year, management determined that there were amounts in prior years' net assets incorrectly classified as endowment funds. Additionally, there was $25,778 of 'with donor restriction investment earnings on endowment funds' that were recorded as 'without donor restriction investment earnings.' The applicable correction from the prior year to the current year to total endowment funds in Schedule D, Part V has been reflected in Line 1E in order to arrive at the correct total endowment fund balance of $94,955 at the end of the current year. Please note that this was a reclassification of reported assets and that the total net assets of Trinity Roselle Foundation did not change as a result of this correction. The reported yearend balance represents a single endowment fund called the Prange-Mueller Endowment Fund created to financially assist church workers in furthering their education and ongoing training, and to assist prospective church workers in attending seminary and higher education endeavors. 1 Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 67179 0 The full amount of this grant provided tuition assistance to school families that are communicant members of Trinity Lutheran Church. This fund was created by a long-time church member as a way of expressing his appreciation to the church and school for the support extended to his family over the years. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 42000 0 The amount of this grant was allocated across several needs as follows: $18,000 provided financial assistance covering IT Management Services; $15,000 supported the Grant-in-Aid tuition assistance program that provides financial assistance to school families experiencing financial need to cover a portion of their tuition costs; $5,000 covered the cost to renew Digital School Curriculum licenses; $4,000 provided assistance to cover the cost of a Special Resource Teacher for the school. Trinity Lutheran School 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 17400 0 The full amount of this grant supported the general tuition assistance program that offers annual tuition assistance to all Trinity Lutheran School families that accept the offered amount. Each year the Board of Directors determines the total amount of assistance to be awarded within the spending guidelines of the foundation. The per student amount awarded is determined by allocating the total award across the estimated total enrollment of grades Kindergarten through Grade 8. Trinity Lutheran Church 405 Rush Street Roselle IL 60172 362415161 501(c)(3) 19355 0 $15,000 was used by the church to pay for architectural fees required to redesign unused school classrooms to be repurposed for the Child Daycare Program. The remaining $4,355 was used to send staff to the Best Practices Church Conference. These costs fell outside of the normal budgetary line items which is the intended purpose of this fund. 0 0 Schedule I, Part I, Line 2 Trinity Lutheran Church and School is a related organization so grants awarded are easily monitored to assure that funds are used as intended according to the specified purpose of the grant application. Regarding grants awarded to non-related organizations, the foundation requires follow-up progress reporting by the recipient organization at a time appropriate to the implementation timeline for the specified request. This requirement is clearly stated in the grant application request form. 0 0 0 0 0 0 0 0 0 Reverend Jonathan D Petzold President and Director 0 121224 0 0 0 0 0 0 0 24189 0 145413 0 0 Don Gillingham Vice Chairperson and Director 0 112892 0 0 0 0 0 0 0 17191 0 130083 0 0 Carole J Arco Treasurer and Director 0 93591 0 0 0 0 0 0 0 21803 0 115394 0 0 Form 990, Part III, Line 4d General Foundation Fund - Contributions and earnings generated from investments in this fund are used to provide assistance to a variety of Board approved grant requests. Past grants have included assistance to local schools to purchase school supplies for families in need, ongoing support to local not-for-profit organizations within the community, and to cover the cost of financial acumen classes for individuals experiencing personal financial management challenges. School Tuition Fund - Contributions and earnings generated from investments in this fund are used to provide financial support to all Trinity Lutheran School families. Following the spending policy in place, a Board-determined amount is made available to each registered student on an annual basis during the registration process. This assistance helps make Trinity Lutheran School a bit more affordable for all school families by cushioning the impact of annual increases to the cost of education passed along through higher tuition and fees. Prange-Mueller Endowment Fund - Earnings generated from investments in this fund are to be used to assist individuals wishing to go into church and ministry work. Assistance may be in the form of financial support for special training, tuition for college classes or seminary attendance among others. Other Dedicated Funds - represents remaining amounts for miscellaneous small funds. Form 990, Part VI, Section B, Line 11b Peter Croner (Director and Assistant Treasurer) is responsible for the preparation of all financial reporting, including the Annual Form 990 and supporting schedules. He also serves as the liaison to the organization's independent accounting firm, who is available for guidance as needed for accounting and reporting questions. No such guidance was requested related to this Form 990 and the independent accounting firm has not reviewed this document. Peter follows due diligence throughout the reporting process to assure accuracy and compliance in all of the organization's financial reporting. The accounting firm provided compilation services for the fiscal year ended June 30, 2024, corresponding to the period covered by this filing. The Board has elected not to have a full audit performed every year. The compilation report serves as support and as a verification step in the preparation of this Form 990 filing. The Board of Directors is provided a full draft copy of the Form 990 and supporting schedules for their review prior to electronically filing the report. Form 990, Part VI, Section B, Line 12c Board members are expected to be familiar with all Board policies including the 'Conflict of Interest Policy'. Board members are instructed to advise the Board when a potential conflict of interest arises. If a potential conflict could impact impartiality by a Board member, the individual will be required to recuse themselves from participation in the voting process for the matter in question. Form 990, Part VI, Section C, Line 19 Trinity Roselle Foundation maintains a dedicated website (www.trinityrosellefoundation.com). Information about the foundation and its activities is available for review on the website. Financial information, Board of Director information, Foundation policies, descriptions of the various funds and how to donate are all available on the website. A note describing how to and from whom a request for a copy of this Form 990 and supporting schedules is included in the financial section of the website. The website is currently undergoing a complete revamp and may not be available for a period of time following the filing of the Form 990. Trinity Evangelical Lutheran Congregation UAC 405 Rush Street Roselle IL 60172 362415161 Church and Private School IL 501(c)(3) 501(c)(3) N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 Trinity Evangelical Lutheran Congregation UAC b 145934 The amount of grants involved was comprised entirely of cash granted to Trinity Evangelical Lutheran Congregation UAC (Trinity Lutheran Church) and Trinity Lutheran School, both of which fall under the same Employer Identification Number (36-2415161).