Vilter Foundation Inc
- Assets
- $3.4m
- Revenue
- $222.4k
- Investments
- $3.3m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1963
- Data as of
- 07/2022
- EIN
- 39-0678640
Organization Overview
Vilter Foundation Inc is located in Milwaukee, WI. The organization was established in 1963. 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. Vilter 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 07/2022, Vilter Foundation Inc generated $222.4k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $213.9k during the year ending 07/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Vilter Foundation Inc has awarded 432 individual grants totaling $924,976. 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 VILTER FOUNDATION IS ORGANIZED AND OPERATED TO MAKE CASH DONATIONS TO QUALIFYING PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER DIRECT CHARITABLE ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ke Wegner Treasurer | 10 | $9,600 | |
JD Csepella President | 10 | $9,600 | |
Jo Ann Wegner Secretary | 10 | $7,200 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $52,572 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $156,636 |
| Capital Gain Net Income | $156,636 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $13,186 |
| Total Revenue | $222,394 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $26,400 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,215 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,458 |
| Total operating and administrative expenses | $85,728 |
| Contributions, gifts, grants paid | $128,200 |
| Total expenses and disbursements | $213,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $24,922 |
| Savings and temporary cash investments | $75,220 |
| 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 | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $11,400 |
| Total assets | $3,411,359 |
| Accounts payable and accrued expenses | $38,346 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $38,346 |
Grants Awarded
Over the last fiscal year, Vilter Foundation Inc has awarded $128,200 in support to 49 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN DIABETES ASSOCIATION PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,000 |
AMERICAN LUNG ASSOCIATION PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,500 |
ARTHRITIS FOUNDATION - WISCONSIN CHAPTER PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $3,500 |
AMERICAN RED CROSS PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $15,000 |
BIG BROTHERS BIG SISTERS PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $1,500 |
BETTY BRINN CHILDREN'S MUSEUM PURPOSE: TO FURTHER THE EXEMPT PURPOSE OF THE ORGANIZATION | $2,000 |