Cloud Family Foundation Inc
- Assets
- $4.8m
- Revenue
- $258.9k
- Investments
- $4.8m
- Employees
- 0
- Location
- De Pere, WI
- Founding
- 05/1983
- Data as of
- 09/2023
- EIN
- 39-1432753
Organization Overview
Cloud Family Foundation Inc is located in De Pere, WI. The organization was established in 1983. 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. Cloud Family 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 09/2023, Cloud Family Foundation Inc generated $258.9k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 17.9% each year . All expenses for the organization totaled $346.5k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Cloud Family Foundation Inc has awarded 249 individual grants totaling $5,788,141. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Walter J Cloud President | 1 | $0 | |
Thomas L Olson Vice President | 1 | $0 | |
Eric Wimberger Director | 1 | $0 | |
Thomas Lemorande Director | 1 | $0 | |
Theodore Cloud Director | 1 | $0 | |
Sam R Cloud Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $3,250 |
| Dividends & Interest | $189,800 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $65,850 |
| Capital Gain Net Income | $65,850 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $258,900 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $550 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,400 |
| Printing and publications | $0 |
| Other expenses | $4,185 |
| Total operating and administrative expenses | $43,106 |
| Contributions, gifts, grants paid | $303,410 |
| Total expenses and disbursements | $346,516 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $16,860 |
| Savings and temporary cash investments | $46,874 |
| 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 | $263,251 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,825,063 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $440,500 |
| 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 | $440,500 |
Grants Awarded
Over the last fiscal year, Cloud Family Foundation Inc has awarded $668,910 in support to 36 organizations.
| Grant Recipient | Amount |
|---|---|
BELLIN COLLEGE PURPOSE: SCHOLARSHIP | $7,500 |
BELLIN COLLEGE PURPOSE: GENERAL SUPPORT | $1,800 |
CRIS CON LOS NINOS FOUNDATION PURPOSE: GENERAL SUPPORT | $1,000 |
DAIRY CARES OF WISCONSIN PURPOSE: GENERAL SUPPORT | $2,500 |
DE PERE CHRISTIAN OUTREACH PURPOSE: THANKSGIVING/HOLIDAY FOOD DISTRIBUTION | $1,000 |
HERITAGE HILL CORPORATION PURPOSE: GENERAL SUPPORT | $1,260 |