Theodore W Batterman Family Foundation Inc
- Assets
- $57.9m
- Revenue
- $5.2m
- Investments
- $50.2m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/1992
- Data as of
- 12/2023
- EIN
- 39-1688812
Organization Overview
Theodore W Batterman Family Foundation Inc is located in Milwaukee, WI. The organization was established in 1992. 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. Theodore W Batterman 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 12/2023, Theodore W Batterman Family Foundation Inc generated $5.2m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $6.6m during the year ending 12/2023. While expenses have increased by 1.4% per year over the past 5 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 2020, Theodore W Batterman Family Foundation Inc has awarded 390 individual grants totaling $18,705,758. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christopher T Batterman President/treasurer | 1 | $0 | |
Joan D Klimpel Assistant Secretary | 1 | $0 | |
Laura G Batterman Wilkins Vice President/secretary | 1 | $0 | |
Linda C Batterman Johnson Vice President | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
The Northern Trust Company | 12/30/23 | $216,301 |
Heidi Mayer | 12/30/23 | $99,700 |
One Source Construction Corp | 12/30/23 | $57,550 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,023,108 |
| Interest on Savings | $28,320 |
| Dividends & Interest | $1,531,643 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,325,419 |
| Capital Gain Net Income | $1,325,419 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $278,920 |
| Total Revenue | $5,187,410 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $21,598 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $159,180 |
| Total operating and administrative expenses | $1,066,669 |
| Contributions, gifts, grants paid | $5,503,524 |
| Total expenses and disbursements | $6,570,193 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $7,773,367 |
| 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 | $8,138,363 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $57,934,713 |
| 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, Theodore W Batterman Family Foundation Inc has awarded $5,503,524 in support to 91 organizations.
| Grant Recipient | Amount |
|---|---|
ABLELIGHT (FORMERLY BETHESDA LUTHERAN COMMUNITIES) PURPOSE: EQUIPPING STUDENTS WITH DISABILITIES TO BUILD BRIGHTER FUTURES | $25,000 |
AMERICAN BIBLE SOCIETY PURPOSE: MISSION SUPPORT | $7,500 |
BADGERLAND AFTERSCHOOL ENRICHMENT PROGRAM (BASE) PURPOSE: MISSION SUPPORT | $510,000 |
BILLY GRAHAM EVANGELISTIC ASSOCIATION PURPOSE: MISSION SUPPORT | $7,500 |
BLACK FOREST CHAPEL PURPOSE: 2023 FAMILY GRANT | $2,500 |
CALIFORNIA FAMILY COUNCIL PURPOSE: 2023 FAMILY GRANT | $5,000 |