E C Styberg Foundation Inc is located in Racine, WI. The organization was established in 1982. 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. E C Styberg 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 06/2022, E C Styberg Foundation Inc generated $318.2k in total revenue. This organization has experienced exceptional growth, as over the past 3 years, it has increased revenue by an average of 24.7% each year . All expenses for the organization totaled $539.5k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, E C Styberg Foundation Inc has awarded 235 individual grants totaling $2,042,772. 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
N/A
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bernice M Styberg President | 1 | $0 | |
Michael Budish Vice President | 2 | $0 | |
Karen Fantl Treasurer | 2 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $94,587 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $223,594 |
| Capital Gain Net Income | $223,594 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $318,181 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $4,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $55 |
| Total operating and administrative expenses | $34,294 |
| Contributions, gifts, grants paid | $505,194 |
| Total expenses and disbursements | $539,488 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,865 |
| Savings and temporary cash investments | $61,730 |
| 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 | $15,197 |
| Total assets | $3,761,463 |
| 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, E C Styberg Foundation Inc has awarded $728,567 in support to 75 organizations.
| Grant Recipient | Amount |
|---|---|
ADULT AND TEEN CHALLENGE WISCONSIN PURPOSE: GENERAL SUPPORT | $2,500 |
AUDIO & BRAILLE LITERARY ENHANCEMENT PURPOSE: GENERAL SUPPORT | $1,000 |
ANCHOR MINISTRIES PURPOSE: GENERAL SUPPORT | $10,000 |
BOY SCOUTS OF AMERICA PURPOSE: GENERAL SUPPORT | $1,000 |
AURORA HEALTH CARE FOUNDATION INC PURPOSE: GENERAL SUPPORT | $25,700 |
AVOW FOUNDATION INC PURPOSE: GENERAL SUPPORT | $2,500 |