John J Frautschi Family Foundation Inc
- Assets
- $6.4m
- Revenue
- $549.9k
- Investments
- $5.4m
- Employees
- 0
- Location
- Madison, WI
- Founding
- 12/1986
- Data as of
- 12/2022
- EIN
- 39-1561017
Organization Overview
John J Frautschi Family Foundation Inc is located in Madison, WI. The organization was established in 1986. 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. John J Frautschi 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 12/2022, John J Frautschi Family Foundation Inc generated $549.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (6.1%) each year. All expenses for the organization totaled $716.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, John J Frautschi Family Foundation Inc has awarded 11 individual grants totaling $975,000. 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
THE JOHN J. FRAUTSCHI FAMILY FOUNDATION, INC. IS ORGANIZED AND OPERATED FOR THE SOLE PURPOSE OF MAKING CASH CONTRIBUTIONS TO QUALIFYING PUBLIC CHARITIES. THE FOUNDATION DOES NOT ENGAGE IN ANY OTHER DIRECT CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth J Frautschi Vice-Pres | 5 | $10,000 | |
Anthony M Frautschi Treas | 5 | $10,000 | |
Christopher J Frautschi Pres/sec | 5 | $10,000 | |
Jac Gardner Director | 5 | $10,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $590,831 |
| Interest on Savings | $0 |
| Dividends & Interest | $147,888 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$188,788 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $549,931 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $40,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $8,531 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $82 |
| Total operating and administrative expenses | $96,627 |
| Contributions, gifts, grants paid | $619,500 |
| Total expenses and disbursements | $716,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $990,929 |
| 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 | $6,357,451 |
| 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 |
Grants Awarded
Over the last fiscal year, John J Frautschi Family Foundation Inc has awarded $500,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
MADISON CHILDRENS MUSEUM PURPOSE: GENERAL | $25,000 |
MADISON YOUTH ARTS CENTER PURPOSE: GENERAL | $50,000 |
WISCONSIN HISTORICAL FOUNDATION PURPOSE: GENERAL | $25,000 |
WISCONSIN YOUTH SYMPHONY ORCHESTRA PURPOSE: GENERAL | $400,000 |