Judd S Alexander Foundation Inc
- Assets
- $59.0m
- Revenue
- $4.2m
- Investments
- $50.7m
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 03/1974
- Data as of
- 06/2022
- EIN
- 23-7323721
Organization Overview
Judd S Alexander Foundation Inc is located in Wausau, WI. The organization was established in 1974. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Judd S Alexander Foundation Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Judd S Alexander Foundation Inc generated $4.2m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.4%) each year. All expenses for the organization totaled $2.6m during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Judd S Alexander Foundation Inc has awarded 134 individual grants totaling $6,247,463. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JUDD S. ALEXANDER FOUNDATION IS ORGANIZED AND OPERATED TO MAKE CASH DONATATIONS AND PROGRAM-RELATED INVESTMENTS TO QUALIFYING PUBLIC CHARITIES, AND DOES NOT ENGAGE IN ANY OTHER CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary W Freels President | 25 | $9,000 | |
Dwight E Davis Director, V.p | 2 | $9,000 | |
Lon E Roberts Treasurer/secretary | 2 | $9,000 | |
John Dudley Director | 2 | $9,000 | |
John Tubbs Director | 2 | $7,500 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $422,650 |
| Dividends & Interest | $427,547 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,394,419 |
| Capital Gain Net Income | $3,394,419 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,244,616 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $43,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $44,331 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $13,760 |
| Total operating and administrative expenses | $936,862 |
| Contributions, gifts, grants paid | $1,631,200 |
| Total expenses and disbursements | $2,568,062 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $836,054 |
| Savings and temporary cash investments | $299,204 |
| Net Accounts receivable | $0 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $7,078,783 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $2,729,537 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $64,894 |
| Total assets | $59,001,757 |
| Accounts payable and accrued expenses | $77,046 |
| Grants payable | $918,231 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $9,104 |
| Total liabilities | $1,004,381 |
Grants Awarded
Over the last fiscal year, Judd S Alexander Foundation Inc has awarded $2,141,200 in support to 31 organizations.
| Grant Recipient | Amount |
|---|---|
Wausau, WI PURPOSE: DOWNTOWN EXPANSION PROJECT | $500,000 |
Wausau, WI PURPOSE: CAPITAL CAMPAIGN | $300,000 |
BOYS & GIRLS CLUB OF THE WAUSAU AREA INC PURPOSE: RENOVATION PROJECT | $300,000 |
GRAND THEATRE FOUNDATION INC PURPOSE: UPGRADE TO THE LIGHTING SYSTEM | $250,000 |
GREATER WAUSAU PROSPERITY PARTNERSHIP PURPOSE: WASHINGTON STREET TRAIN DEPOT RENOVATIONS | $250,000 |
Madison, WI PURPOSE: DE-CENTRALIZING STATE GOVERNMENT | $70,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |