The Peter J Seippel Foundation Inc
- Assets
- $2.9m
- Revenue
- $94.7k
- Investments
- $1.9m
- Employees
- 0
- Location
- Beaver Dam, WI
- Founding
- 04/1996
- Data as of
- 12/2022
- EIN
- 39-1833671
Organization Overview
The Peter J Seippel Foundation Inc is located in Beaver Dam, WI. The organization was established in 1996. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Peter J Seippel 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, Peter J Seippel Foundation Inc generated $94.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (8.8%) each year. All expenses for the organization totaled $159.1k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Peter J Seippel Foundation Inc has awarded 201 individual grants totaling $592,477. 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 FOUNDATION DEDICATES REAL ESTATE LOCATED AT 1605 N SPRING STREET, BEAVER DAM, WI TO TEACHERS OF MUSIC LESSONS AND TO PROMOTE MUSIC WITHIN THE COMMUNITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chelsey A Seippel President, Director | 15 | $5,874 | |
Ashley N Seippel President Elect, Director | 1 | $0 | |
Philip R Seippel Vice President, Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $166 |
| Dividends & Interest | $58,013 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $34,945 |
| Capital Gain Net Income | $34,945 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $1,535 |
| Total Revenue | $94,659 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $5,874 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $210 |
| Taxes | $6,275 |
| Depreciation | $0 |
| Occupancy | $15,044 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $3,654 |
| Other expenses | $53,676 |
| Total operating and administrative expenses | $108,219 |
| Contributions, gifts, grants paid | $50,850 |
| Total expenses and disbursements | $159,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $160,798 |
| 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 | $2,032 |
| Net Investments - land, buildings, equipment | $797,659 |
| Investments—mortgage loans | $0 |
| Investments—other | $669,118 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $30,307 |
| Total assets | $2,897,066 |
| 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, The Peter J Seippel Foundation Inc has awarded $50,850 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
BEAVER DAM AREA COMMUNITY THEATRE PURPOSE: TO SUPPORT LOCAL THEATRE | $1,700 |
AMERICAN FOUNDATION FOR SUICIDE WISCONSIN PURPOSE: SUICIDE PREVENTION | $1,000 |
HAM N' JAM - GREEN VALLEY ENTERPRISES PURPOSE: TO SUPPORT MUSIC FOR THOSE WITH SPECIAL NEEDS | $100 |
CHURCH HEALTH SERVICES PURPOSE: PROVIDING HEALTHCARE FOR POOR, UNISURED AND UNDER-INSURED. | $2,500 |
HEROS FOR CHILDREN PURPOSE: FINANCIAL SUPPORT FOR FAMILIES WITH CHILDREN BATTLING CANCER | $15,000 |
PAVE PURPOSE: EMPOWERING THOSE AFFECTED BY VIOLENCE | $18,000 |