Marshall & Ilsley Foundation Inc
- Assets
- $0.0
- Revenue
- $4.5k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 04/1973
- Data as of
- 12/2020
- EIN
- 39-6043185
Organization Overview
Marshall & Ilsley Foundation Inc is located in Milwaukee, WI. The organization was established in 1973. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations.
For the year ending 12/2020, Marshall & Ilsley Foundation Inc generated $4.5k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (56.1%) each year. All expenses for the organization totaled $1.1m during the year ending 12/2020. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2020
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis J Kuester Pres/director | 0 | $0 | |
James B Wigdale Avp/director | 0 | $0 | |
Mark F Furlong Avp/director | 0 | $0 | |
Nancy Gerfin Sec/treasurer | 0 | $0 | |
Patricia Cadorin Avp | 0 | $0 | |
Robert O'toole Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $4,569 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$104 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $4,465 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,895 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $5,275 |
| Contributions, gifts, grants paid | $1,102,705 |
| Total expenses and disbursements | $1,107,980 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $0 |
| 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, Marshall & Ilsley Foundation Inc has awarded $1,102,705 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
MILWAUKEE COLLEGE PREPARATORY SCHOOL PURPOSE: CONTRIBUTIONS& SCHOLARSHIPS | $200,000 |
ST AUGUSTINE PREPARATORY ACADEMY PURPOSE: SCHOLARSHIPS | $200,000 |
ST MARCUS SCHOOL PURPOSE: SCHOLARSHIPS | $202,705 |
UNITED COMMUNITY CENTER PURPOSE: SCHOLARSHIPS | $200,000 |
CARMEN SCHOOLS OF SCIENCE & TECHNOLOGY PURPOSE: SCHOLARSHIPS | $300,000 |