Community Foundation Of Central Wisconsin Inc
- Assets
- $32.2m
- Revenue
- $4.5m
- Investments
- $0.0
- Employees
- 7
- Location
- Stevens Point, WI
- Founding
- 10/1983
- Data as of
- 06/2021
- EIN
- 39-0827885
Organization Overview
Community Foundation Of Central Wisconsin Inc is located in Stevens Point, WI. The organization was established in 1983. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2021, Community Foundation Of Central Wisconsin Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Central Wisconsin 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 06/2021, Community Foundation Of Central Wisconsin Inc generated $4.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.5% each year . All expenses for the organization totaled $1.6m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation Of Central Wisconsin Inc has awarded 287 individual grants totaling $4,328,605. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HELP MAKE THE COUNTIES OF PORTAGE AND WAUSHARA BETTER PLACES IN WHICH TO GROW, TO WORK, TO PLAY AND TO RETIRE - BY HELPING PEOPLE, ENHANCING EDUCATION, ENRICHING ARTS AND CULTURE, CONTRIBUTING TO WELLNESS AND IMPROVING THE ENVIRONMENT THROUGH FINANCIAL MANAGEMENT OF GIFTS AND GRANTS FROM INDIVIDUALS AND ORGANIZATIONS. WE ARE COMMITTED TO HUMAN AND COMMUNITY DEVELOPMENT, WISE AND THOUGHTFUL DISTRIBUTION OF RESOURCES, AND INVESTMENT OF THE FUNDS ENTRUSTED TO US. OUR GOAL IS TO CREATE A COMMUNITY THAT SUPPORTS ONE ANOTHER, BEING INNOVATIVE WITH IDEAS, GIVING, AND GROWING TOGETHER. WE SERVE AS A NEUTRAL PARTY TO EXAMINE AND DETERMINE COMMUNITY NEEDS AND PROMOTE CREATION OF SOLUTIONS TO COMMUNITY PROBLEMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED GRANTS AND SCHOLARSHIPS TO ORGANIZATIONS AND INDIVIDUALS PROMOTING HEALTH, EDUCATION, SAFETY AND THE WELL BEING OF THE GENERAL PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Margaret Erin Andrews Exec Director Through March 2021 | Officer | 30 | $65,330 |
Michael Lauterbach President - Elect | OfficerTrustee | 1 | $0 |
Jim Robinson Past President | OfficerTrustee | 1 | $0 |
Justin Regnier Treasurer | OfficerTrustee | 1 | $0 |
Sheryl O'connell Secretary | OfficerTrustee | 1 | $0 |
Dan Kinsella Vice President | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $33,250 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $3,474,368 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,507,618 |
| Total Program Service Revenue | $0 |
| Investment income | $612,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $396,046 |
| Net Income from Fundraising Events | -$15,647 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,514,615 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $920,241 |
| Grants and other assistance to domestic individuals. | $266,009 |
| Grants and other assistance to Foreign Orgs/Individuals | $40,000 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $64,311 |
| Compensation of current officers, directors, key employees. | $19,293 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $153,771 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $18,180 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,704 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $84,363 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $4,627 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $14,400 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $8,223 |
| Insurance | $1,153 |
| All other expenses | $0 |
| Total functional expenses | $1,635,710 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,170,605 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,228 |
| Investments—publicly traded securities | $30,941,131 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $79,212 |
| Total assets | $32,202,176 |
| Accounts payable and accrued expenses | $22,280 |
| Grants payable | $119,510 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,072,222 |
| Total liabilities | $2,214,012 |
| Net assets without donor restrictions | $552,391 |
| Net assets with donor restrictions | $29,435,773 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $32,202,176 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Central Wisconsin Inc has awarded $601,199 in support to 40 organizations.
| Grant Recipient | Amount |
|---|---|
Stevens Point, WI PURPOSE: FUND RETIREMENT | $55,142 |
Stevens Point, WI PURPOSE: SHELTER, UTILITY, TRANSPORTATION, FOOD AND MEDICAL/DENTAL NECESSITIES | $41,800 |
Waukesha, WI PURPOSE: WAUSHARA COUNTY COVID MOBILE PANTRY SUPPORT | $40,800 |
Stevens Point, WI PURPOSE: HOME DELIVERED MEALS | $31,331 |
Stevens Point, WI PURPOSE: SCHMEECKLE RESERVE ACCESSIBLE FISHING PIER, LAKE TRAIL RESURFACING, WHEELCHAIR ACCESSIBLE PATH | $30,000 |
Stevens Point, WI PURPOSE: WAUSHARA COUNTY HMONG UPLIFT DIGITAL LITERACY PROGRAM, SKILLS ENHANCEMENT, FAMILY CRISIS CENTER, MENTAL HEALTH NAVIGATION | $27,959 |
Grants Recieved
Over the last fiscal year, we have identified 11 grants that Community Foundation Of Central Wisconsin Inc has recieved totaling $194,958.
| Awarding Organization | Amount |
|---|---|
Seramur Family Foundation Inc Wausau, WI PURPOSE: EMERSON PARK CAPITAL CAMPAIGN | $100,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $27,500 |
Sentry Insurance Foundation Inc Stevens Point, WI PURPOSE: CIVIC/COMMUNITY SERVICE | $23,255 |
Delta Dental Of Wisconsin Inc Stevens Point, WI PURPOSE: Support and training for area nonprofits during COVID | $21,450 |
Incourage Community Foundation Inc Wisconsin Rapids, WI PURPOSE: INITIATE FARMSHED ENDOWMENT FUND | $5,043 |
Columbia Pipeline Group Charitable Foundation Houston, TX PURPOSE: ASSISTANCE WITH A NEW TRAIL | $5,000 |
Endowment Analysis
| Beg. Balance | $18,693,357 |
| Earnings | $5,779,549 |
| Net Contributions | $2,204,571 |
| Grants | $997,741 |
| Ending Balance | $25,679,736 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communitygiving St Cloud, MN | $193,103,222 | $46,523,540 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Muskegon County Community Foundation Muskegon, MI | $247,862,579 | $28,555,582 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
Community Foundation Of Greater Flint Flint, MI | $212,857,243 | $17,865,297 |
Ann Arbor Area Community Foundation Ann Arbor, MI | $219,428,649 | $31,760,954 |
3m Open Fund Blaine, MN | $2,792,523 | $13,492,516 |
Fremont Area Community Foundation Fremont, MI | $291,559,908 | $22,142,594 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
Grand Haven Area Community Foundation Inc Grand Haven, MI | $189,481,921 | $23,464,810 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |