Community Foundation For The Fox Valley Region Inc
- Assets
- $500.3m
- Revenue
- $61.0m
- Investments
- $299.6m
- Employees
- 46
- Location
- Appleton, WI
- Founding
- 08/1986
- Data as of
- 06/2021
- EIN
- 39-1548450
Organization Overview
Community Foundation For The Fox Valley Region Inc is located in Appleton, WI. The organization was established in 1986. 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 12/2021, Community Foundation For The Fox Valley Region Inc employed 46 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation For The Fox Valley Region 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 For The Fox Valley Region Inc generated $61.0m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 17.4% each year . All expenses for the organization totaled $37.6m during the year ending 06/2021. While expenses have increased by 11.2% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Community Foundation For The Fox Valley Region Inc has awarded 3,004 individual grants totaling $205,756,292. 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 SERVE A BROAD RANGE OF PHILANTHROPIC INTERESTS BENEFITING THE FOX VALLEY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GRANTS WERE AWARDED FROM CHARITABLE FUNDS ESTABLISHED BY INDIVIDUALS, FAMILIES, BUSINESSES AND ORGANIZATIONS REFLECTING THEIR WISHES FOR GIVING BACK IN WAYS THAT COLLECTIVELY STRENGTHEN OUR COMMUNITY FOR CURRENT AND FUTURE GENERATIONS. THESE GRANTS MAKE A DIFFERENCE IN THE LIVES OF PEOPLE THROUGHOUT THE FOX VALLEY REGION IN THE AREAS OF ARTS & CULTURE, EDUCATION, COUMMUNITY IMPROVEMENT, HEALTH CARE, HUMAN SERVICES, THE ENVIRONMENT AND RELIGION. OUR DISCRETIONARY GRANT PROGRAM INCLUDES THE FOLLOWING EFFORTS: 1) HELP STRENGTHEN NONPROFIT ORGANIZATIONS; 2) PROVIDE COMMUNITY LEADERSHIP GRANTS TO SUPPORT AND ADVANCE KEY COMMUNITY INITIATIVES CONSISTENT WITH OUR GRANT PRIORITIES; 3) INCREASE ACCESS AND INCLUSION AND EDUCATING CHILDREN AND YOUTH IN THE AREAS OF ARTS AND CULTURE AND ENVIRONMENTAL SUSTAINABILITY; 4) AND RAISING AWARENESS OF COMMUNITY ISSUES TO HELP SPARK ACTION RESULTING IN POSITIVE CHANGE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Curt Detjen President/ceo | Officer | 40 | $291,045 |
Steve Veldhorst CFO | Officer | 40 | $145,888 |
Ann Englehard VP Donor Services & Gift Planning | Officer | 40 | $136,066 |
Tammy Geenen VP Community Engagement | Officer | 40 | $122,421 |
Peter Mariahazy Director & Chair | OfficerTrustee | 0.5 | $0 |
Stephanie Vrabec Director & Vice Chair | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Silchester International Investors Llp Investment Management | 12/30/21 | $229,888 |
First Eagle Investments Investment Management | 12/30/21 | $200,177 |
Vulcan Investments Llc Investment Management | 12/30/21 | $164,780 |
Altrinsic Global Advisors Llc Investment Management | 12/30/21 | $162,754 |
Tybourne Capital Management Investment Management | 12/30/21 | $121,833 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $4,648,246 |
| Government grants | $435,093 |
| All other contributions, gifts, grants, and similar amounts not included above | $25,700,385 |
| Noncash contributions included in lines 1a–1f | $12,865,785 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $30,783,724 |
| Total Program Service Revenue | $472,191 |
| Investment income | $3,461,924 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $26,281,552 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $60,999,391 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $30,959,909 |
| Grants and other assistance to domestic individuals. | $1,045,685 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $782,260 |
| Compensation of current officers, directors, key employees. | $359,775 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,601,592 |
| Pension plan accruals and contributions | $48,438 |
| Other employee benefits | $231,113 |
| Payroll taxes | $145,172 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $71,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $1,439,981 |
| Fees for services: Other | $488,515 |
| Advertising and promotion | $123,926 |
| Office expenses | $104,971 |
| Information technology | $314,276 |
| Royalties | $0 |
| Occupancy | $54,684 |
| Travel | $4,999 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $28,486 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $85,597 |
| Insurance | $21,453 |
| All other expenses | $11,649 |
| Total functional expenses | $37,564,496 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,662,633 |
| Pledges and grants receivable | $3,481,844 |
| 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 | $1,726,370 |
| Investments—publicly traded securities | $192,064,504 |
| Investments—other securities | $299,553,917 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $780,681 |
| Total assets | $500,269,949 |
| Accounts payable and accrued expenses | $1,079,581 |
| Grants payable | $11,407,520 |
| 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 | $66,655,200 |
| Total liabilities | $79,142,301 |
| Net assets without donor restrictions | $416,363,492 |
| Net assets with donor restrictions | $4,764,156 |
| 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 | $500,269,949 |
Grants Awarded
Over the last fiscal year, Community Foundation For The Fox Valley Region Inc has awarded $19,631,545 in support to 244 organizations.
| Grant Recipient | Amount |
|---|---|
Denton, TX PURPOSE: B43: UNIVERSITIES | $5,000,000 |
Appleton, WI PURPOSE: A61: PERFORMING ARTS CENTERS | $1,087,036 |
Appleton, WI PURPOSE: PUBLIC FOUNDATIONS | $974,563 |
New London, WI PURPOSE: P32: FOSTER CARE | $516,630 |
Milwaukee, WI PURPOSE: H99: MEDICAL RESEARCH N.E.C. | $503,060 |
Green Bay, WI PURPOSE: CHRISTIANITY | $461,344 |
Grants Recieved
Over the last fiscal year, we have identified 16 grants that Community Foundation For The Fox Valley Region Inc has recieved totaling $1,303,866.
| Awarding Organization | Amount |
|---|---|
The Ariens Family Foundation Inc Brillion, WI PURPOSE: SCHOLARSHIP PROGRAM/ASSISTANCE TO AREA NON-PROFITS | $545,000 |
J J Keller Foundation Inc Neenah, WI PURPOSE: GENERAL CHARITABLE | $406,962 |
William J & Barbara A Schmidt Family Foundation Inc Appleton, WI PURPOSE: PHILANTHROPY | $61,000 |
Margaret And Robert Walter Foundation Columbus, OH PURPOSE: SOCIAL SERVICES | $50,000 |
Otto Bremer Trust St Paul, MN PURPOSE: NONPROFIT LEADERSHIP INITIATIVE | $50,000 |
John And Julie Schmidt Family Foundation Wilmington, DE PURPOSE: USVENTURE OPEN/BASIC NEEDS GIVING FUND | $41,500 |
Endowment Analysis
| Beg. Balance | $7,546,483 |
| Earnings | $76,559 |
| Other Expense | $145,972 |
| Ending Balance | $7,477,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Minneapolis Foundation Minneapolis, MN | $763,755,990 | $141,518,502 |
Mount Sinai Community Foundation Chicago, IL | $11,409,546 | $72,991,931 |
Community Foundation For Southeast Michigan Detroit, MI | $1,124,768,291 | $250,946,101 |
Greater Milwaukee Foundation Inc Milwaukee, WI | $1,114,706,959 | $151,763,598 |
Thrivent Charitable Impact & Investing Appleton, WI | $809,708,853 | $138,812,775 |
Community Fdn Of Greater Des Moines Des Moines, IA | $756,930,676 | $144,988,273 |
Greater Green Bay Community Foundation Inc Green Bay, WI | $158,723,657 | $42,186,646 |
Community Foundation For The Fox Valley Region Inc Appleton, WI | $500,269,949 | $60,999,391 |
Madison Community Foundation Madison, WI | $285,628,719 | $40,248,600 |
Elks National Foundation Inc Chicago, IL | $936,472,552 | $62,047,958 |
Battle Creek Community Foundation Battle Creek, MI | $135,380,333 | $32,635,612 |
Kalamazoo Community Foundation Kalamazoo, MI | $677,092,659 | $78,067,850 |