Archdiocese Of Milwaukee Catholic Community Foundation Inc
- Assets
- $133.2m
- Revenue
- $6.8m
- Investments
- $45.9m
- Employees
- 3
- Location
- Milwaukee, WI
- Founding
- 03/2002
- Data as of
- 06/2022
- EIN
- 39-2005163
Organization Overview
Archdiocese Of Milwaukee Catholic Community Foundation Inc is located in Milwaukee, WI. The organization was established in 2002. 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 06/2022, Archdiocese Of Milwaukee Catholic Community Foundation Inc employed 3 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Archdiocese Of Milwaukee Catholic Community 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 06/2022, Archdiocese Of Milwaukee Catholic Community Foundation Inc generated $6.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 22.3% each year . All expenses for the organization totaled $3.0m during the year ending 06/2022. While expenses have increased by 9.6% per year over the past 7 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, Archdiocese Of Milwaukee Catholic Community Foundation Inc has awarded 852 individual grants totaling $12,511,993. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO RECEIVE GIFTS, ESTABLISH DONOR FUNDS, PROVIDE PROPER MANAGEMENT OF RESOURCES, AND TO PROVIDE FOR THE CURRENT AND FUTURE NEEDS OF THE CATHOLIC COMMUNITY OF THE TEN COUNTIES OF THE ARCHDIOCESE OF MILWAUKEE THROUGH ITS GRANT PROGRAM.
Describe the Organization's Program Activity:
THE FOUNDATION DISTRIBUTED $1,980,574 TO 134 ORGANIZATIONS/PROGRAMS IN FISCAL YEAR 2021/2022 FOCUSING ON FOUR GRANT PRIORITIES: 1) PROVIDING EDUCATION - THE FOUNDATION SUPPORTS CATHOLIC SCHOOLS AND RELIGIOUS EDUCATION PROGRAMS THAT PROVIDE FORMATION IN KINDERGARTEN THROUGH TWELFTH GRADE. 2) LEADERSHIP DEVELOPMENT - PARISHES, SCHOOLS AND AGENCIES MUST HAVE LEADERS WHO ARE ABLE TO ENGAGE PEOPLE IN CREATING A SHARED VISION FOR THE FUTURE WHILE DEVELOPING SOUND STRATEGIES AND INFRASTRUCTURES TO ACHEIVE THE VISION. 3) COMMUNITY BUILDING - THE FOUNDATION SUPPORTS INITIATIVES THAT STRENGTHEN FAMILIES, PARISHES, AND THOSE SUFFERING FROM POVERTY, DISCRIMINATION, AND VIOLENCE. 4) HEALTH CARE - THROUGH A FUND ESTABLISHED BY THE ST. ANTHONY FOUNDATION, THE FOUNDATION SUPPORTS THOSE ORGANIZATIONS THAT ARE ENGAGED IN PROVIDING HEALTH CARE SERVICES IN THE CITY OF MILWAUKEE, WITH PARTICULAR ATTENTION BEING GIVEN TO THE CENTRAL PORTIONS OF THE CITY THAT WERE FORMERLY SERVED BY ST. ANTHONY HOSPITAL. THE BOARD OF DIRECTORS GIVES FINAL APPROVAL TO ALL GRANT DISTRIBUTIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Ellen Markowski President | OfficerTrustee | 40 | $194,257 |
Anne Trunzo Vice-Chairman/vice Preside | OfficerTrustee | 1 | $0 |
Dave Strelitz Chairman | OfficerTrustee | 1 | $0 |
Kathleen Huevler Secretary | OfficerTrustee | 1 | $0 |
Carol Mcinerny Treasurer/vice President | OfficerTrustee | 1 | $0 |
Christopher Brown Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $46,117 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,971,868 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,017,985 |
| Total Program Service Revenue | $351,729 |
| Investment income | $1,488,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,898,188 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,756,779 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,980,574 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $354,163 |
| Compensation of current officers, directors, key employees. | $121,909 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $55,000 |
| Pension plan accruals and contributions | $3,850 |
| Other employee benefits | $19,834 |
| Payroll taxes | $23,426 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $294 |
| Fees for services: Accounting | $14,225 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $405,795 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,650 |
| Office expenses | $20,264 |
| Information technology | $23,595 |
| Royalties | $0 |
| Occupancy | $39,164 |
| Travel | $670 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,124 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,434 |
| Insurance | $3,818 |
| All other expenses | $0 |
| Total functional expenses | $2,969,880 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $691,846 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,898 |
| 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 | $4,025 |
| Net Land, buildings, and equipment | $6,189 |
| Investments—publicly traded securities | $86,464,748 |
| Investments—other securities | $45,933,228 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $133,228,934 |
| Accounts payable and accrued expenses | $212,428 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $81,100,727 |
| 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 | $0 |
| Total liabilities | $81,313,155 |
| Net assets without donor restrictions | $43,789,372 |
| Net assets with donor restrictions | $8,126,407 |
| 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 | $133,228,934 |
Grants Awarded
Over the last fiscal year, Archdiocese Of Milwaukee Catholic Community Foundation Inc has awarded $1,887,639 in support to 92 organizations.
| Grant Recipient | Amount |
|---|---|
Saint Francis, WI PURPOSE: HELP SUPPORT EDUCATION OF NEW SEMINARIANS, PROGRAMS, AND BUILDING RESTORATION | $150,411 |
CONGREGATION OF HOLY ANGELS PURPOSE: OPERATIONS FOR THE PARISH AND THE SCHOOL TRUST FUND | $121,200 |
St Francis, WI PURPOSE: SUPPORT OF VARIOUS PROGRAMS | $118,514 |
THE CENTER FOR WORKING FAMILIES PURPOSE: SUPPORT FOOD PROGRAM | $75,000 |
SCHOOL SISTERS OF NOTRE DAME PURPOSE: HEALTH CARE COSTS OF RETIRED SISTERS AND GENERAL SUPPORT | $64,695 |
Milwaukee, WI PURPOSE: SUPPORT OF VARIOUS PROGRAMS | $59,026 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Archdiocese Of Milwaukee Catholic Community Foundation Inc has recieved totaling $28,000.
| Awarding Organization | Amount |
|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: FINANCIAL AID FOR NOTRE DAME OF MILWAUKEE GRADUATES AT MARQUETTE HIGH SCHOOL | $10,000 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: FINANCIAL AID FOR NOTRE DAME OF MILWAUKEE GRADUATES AT MARQUETTE HIGH SCHOOL | $10,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $8,000 |
Endowment Analysis
| Beg. Balance | $61,633,080 |
| Earnings | -$10,730,242 |
| Admin Expense | $402,386 |
| Net Contributions | $3,017,984 |
| Other Expense | $540,093 |
| Grants | $1,980,574 |
| Ending Balance | $50,997,769 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Communitygiving St Cloud, MN | $193,103,222 | $46,523,540 |
Quad Cities Community Foundation Bettendorf, IA | $165,771,747 | $15,098,956 |
Muskegon County Community Foundation Muskegon, MI | $247,862,579 | $28,555,582 |
Greater Cedar Rapids Community Foundation Cedar Rapids, IA | $223,368,352 | $26,493,454 |
Community Foundation Of Greater Flint Flint, MI | $212,857,243 | $17,865,297 |
Ann Arbor Area Community Foundation Ann Arbor, MI | $219,428,649 | $31,760,954 |
3m Open Fund Blaine, MN | $2,792,523 | $13,492,516 |
Fremont Area Community Foundation Fremont, MI | $291,559,908 | $22,142,594 |
Dupage Community Foundation Downers Grove, IL | $125,703,251 | $14,295,087 |
Grand Haven Area Community Foundation Inc Grand Haven, MI | $189,481,921 | $23,464,810 |
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |