Kohler Foundation Inc
- Assets
- $71.6m
- Revenue
- $14.7m
- Investments
- $71.5m
- Employees
- 0
- Location
- Kohler, WI
- Founding
- 06/1941
- Data as of
- 12/2021
- EIN
- 39-0810536
Organization Overview
Kohler Foundation Inc is located in Kohler, WI. The organization was established in 1941. 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. Kohler 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 12/2021, Kohler Foundation Inc generated $14.7m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 42.2% each year . All expenses for the organization totaled $5.4m during the year ending 12/2021. While expenses have increased by 10.1% per year over the past 4 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kohler Foundation Inc has awarded 335 individual grants totaling $14,367,635. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
KOHLER FOUNDATION PROVIDES FOR THE PRESERVATION OF ART AND ARCHITECTURE
KOHLER FOUNDATION PROVIDES FOR THE OPERATION OF THE WAELDERHAUS MUSEUM
KOHLER FOUNDATION PROVIDES FOR CULTURAL PROGRAMS INCLUDING PLAYS, BALLETS AND MUSICALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Laura Roenitz Executive Director | 40 | $108,499 | |
Wanda Bintzler Accounting Manager | 40 | $78,572 | |
Bridgitt Zielke Program Manager | 40 | $64,497 | |
Liesl Rice Art Preservation Man | 40 | $61,281 | |
Daniel Smith Sr. Preservation Man | 40 | $57,985 | |
Carla Ross Secretary/director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $193 |
| Dividends & Interest | $5,665,479 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $8,808,230 |
| Capital Gain Net Income | $8,808,230 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $193,495 |
| Total Revenue | $14,667,397 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $535,509 |
| Pension plans, employee benefits | $241,489 |
| Interest | $0 |
| Taxes | $33,816 |
| Depreciation | $0 |
| Occupancy | $34,010 |
| Travel, conferences, and meetings | $9,454 |
| Printing and publications | $0 |
| Other expenses | $3,460,424 |
| Total operating and administrative expenses | $4,470,808 |
| Contributions, gifts, grants paid | $936,921 |
| Total expenses and disbursements | $5,407,729 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $32,420 |
| Savings and temporary cash investments | $125,316 |
| 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 | $71,455,875 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $71,613,611 |
| Accounts payable and accrued expenses | $0 |
| 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 | $1,083 |
| Total liabilities | $1,083 |
Grants Awarded
Over the last fiscal year, Kohler Foundation Inc has awarded $11,990,591 in support to 170 organizations.
| Grant Recipient | Amount |
|---|---|
Greensburg, KS PURPOSE: ART DONATION - MT LIGGETT | $4,058,496 |
THE LOUIS ROUND WILSON LIBRARY PURPOSE: ART DONATION - BURK UZZLE PHOTOGRAPHY COLLECTION | $3,030,080 |
Sheboygan, WI PURPOSE: ART DONATION - SILVIO BARILE SCULPTURES | $2,517,771 |
Huntington, NY PURPOSE: ART DONATION - STELLA WAITZKIN 2021 | $155,240 |
LUBEZNIK CENTER FOR THE ARTS PURPOSE: ART DONATION - ROBERT GRAFTON MURAL | $112,019 |
UNIVERSITY OF WISCONSIN - MADISON PURPOSE: INDIVIDUAL SCHOLARSHIP PAID DIRECTLY TO EDUCATIONAL INSTITUTION | $97,917 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Kohler Foundation Inc has recieved totaling $1,175,000.
| Awarding Organization | Amount |
|---|---|
Lgt Foundation Lake Success, NY PURPOSE: 4 WORKS OF ART-LENORE TAWNEY WEAVINGS DONATED TO PERMANENT COLLECTION | $1,175,000 |
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 |