Grover Family Foundation Inc is located in Kohler, WI. The organization was established in 1993. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Grover 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, Grover Family Foundation Inc generated $86.5k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 3.0% each year. All expenses for the organization totaled $129.0k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Grover Family Foundation Inc has awarded 131 individual grants totaling $497,355. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION PROVIDES CONTRIBUTIONS TO OTHER CHARITABLE ORGANIZATIONS THE FOUNDATION DOES NOT DIRECTLY CONDUCT CHARITABLE PROGRAMS OR ACTIVITIES
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carol A Grover President | 0 | $0 | |
Deborah Wente Vice President | 0 | $0 | |
Karen G Scott Secretary | 0 | $0 | |
Robert B Grover Treasurer | 0 | $0 |
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $952 |
| Dividends & Interest | $54,965 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $30,535 |
| Total Revenue | $86,452 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $137 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $11,866 |
| Contributions, gifts, grants paid | $117,100 |
| Total expenses and disbursements | $128,966 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $18,995 |
| Savings and temporary cash investments | $0 |
| 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 | $2,000,805 |
| 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, Grover Family Foundation Inc has awarded $117,100 in support to 29 organizations.
| Grant Recipient | Amount |
|---|---|
FIRST CONGREGATIONAL CHURCH PURPOSE: COMMUNITY | $1,000 |
UNIVERSITY OF CHICAGO PURPOSE: EDUCATION | $100 |
HABITAT FOR HUMANITY PURPOSE: COMMUNITY | $1,000 |
UW FOUNDATION PURPOSE: EDUCATION | $250 |
SHEBOYGAN ROTARY FOUNDATION PURPOSE: COMMUNITY | $1,000 |
WHAT IF FOUNDATION PURPOSE: COMMUNITY | $10,000 |