Frederick J Hilgen Foundation Ltd Xxxxx1011 is located in Neenah, WI. The organization was established in 1981. 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.
For the year ending 12/2020, Frederick J Hilgen Foundation Ltd Xxxxx1011 generated $81.4k in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 22.1% each year . All expenses for the organization totaled $490.8k during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Frederick J Hilgen Foundation Ltd Xxxxx1011 has awarded 41 individual grants totaling $568,272. 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
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLAGE SCHOLARSHIPS AND EXPENSES RELATED THERE TO
DONATION OF FUNDS TO OZAUKEE COMMUNITY ORGANIZATIONS AND PROJECTS
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Frank M Metz President/director | 10 | $200 | |
John Vollmer Vice President/director | 10 | $200 | |
Robert H Dries Jr Treasurer/director | 1 | $200 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $7,008 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $74,400 |
| Capital Gain Net Income | $74,400 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $81,408 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $600 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $373 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $4,680 |
| Total operating and administrative expenses | $12,464 |
| Contributions, gifts, grants paid | $478,302 |
| Total expenses and disbursements | $490,766 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Total assets | $0 |
| 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 | $0 |
| Total liabilities | $0 |
Over the last fiscal year, Frederick J Hilgen Foundation Ltd Xxxxx1011 has awarded $478,302 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
HEIDI WILDEN PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,750 |
AIDAN MONTY PURPOSE: EDUCATIONAL SCHOLARSHIP | $1,750 |
GREATER MILWAUKEE FOUNDATION PURPOSE: RECIPIENT OF ACCOUNT UPON | $474,802 |