Youth Foundation Inc
- Assets
- $2.6m
- Revenue
- $163.0k
- Investments
- $2.0m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 10/1957
- Data as of
- 12/2023
- EIN
- 39-0945311
Organization Overview
Youth Foundation Inc is located in Milwaukee, WI. The organization was established in 1957. 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. Youth 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 12/2023, Youth Foundation Inc generated $163.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (3.0%) each year. All expenses for the organization totaled $178.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Youth Foundation Inc has awarded 662 individual grants totaling $730,267. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
IN 2023, THE YOUTH FOUNDATION AWARDED 82 GRANTS TO EXEMPT ORGANIZATIONS TO ASSIST AND PROMOTE THE WELFARE AND BETTERMENT OF CHILDREN AND YOUNG PEOPLE UP TO TWENTY-FIVE YEARS OF AGE AND 9 COLLEGE SCHOLARSHIPS TO CHILDREN OR GRANDCHILDREN OF MEMBERS OF THE GREATER MILWAUKEE ASSOCIATION OF REALTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jean Daul President | 1 | $0 | |
Susan Muller Vice President | 1 | $0 | |
Scott Bush Secretary | 5 | $0 | |
Dave Kolesari Treasurer | 1 | $0 | |
Laura Steele Arts Chair | 1 | $0 | |
Suzanne Head Social Services Chair | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $53,765 |
| Interest on Savings | $0 |
| Dividends & Interest | $57,416 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $51,770 |
| Capital Gain Net Income | $51,770 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $162,951 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,220 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25,554 |
| Total operating and administrative expenses | $58,197 |
| Contributions, gifts, grants paid | $120,328 |
| Total expenses and disbursements | $178,525 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,780 |
| Savings and temporary cash investments | $37,490 |
| 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 | $2,090 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $508,098 |
| Total assets | $2,598,305 |
| Accounts payable and accrued expenses | $50 |
| 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 | $50 |
Grants Awarded
Over the last fiscal year, Youth Foundation Inc has awarded $120,328 in support to 91 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST STAGE PURPOSE: ARTS GRANT | $1,000 |
WISCONSIN CONSERVATORY OF MUSIC PURPOSE: ARTS GRANT | $2,000 |
RENAISSANCE THEATERWORKS PURPOSE: ARTS GRANT | $1,000 |
PIUS XI CATHOLIC HIGH SCHOOL PURPOSE: EDUCATION | $1,000 |
URBAN ECOLOGY CENTER PURPOSE: EDUCATION | $1,000 |
KIDS FROM WISCONSIN PURPOSE: ARTS GRANT | $2,000 |