Wisconsin Masonic Foundation
- Assets
- $27.6m
- Revenue
- $5.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Dousman, WI
- Founding
- 01/1962
- Data as of
- 04/2022
- EIN
- 39-6044637
Organization Overview
Wisconsin Masonic Foundation is located in Dousman, WI. The organization was established in 1962. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Masonic Foundation 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 04/2022, Wisconsin Masonic Foundation generated $5.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.4% each year . All expenses for the organization totaled $1.5m during the year ending 04/2022. While expenses have increased by 2.5% 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 2018, Wisconsin Masonic Foundation has awarded 40 individual grants totaling $6,128,283. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
10
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO SCHOOLS
CONTRIBUTIONS TO WISCONSIN MASONIC HOME AND OTHER PHILANTHROPIC ORGANIZATIONS
YOUTH SOCCER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Nines Vice President | OfficerTrustee | 1 | $0 |
Albert Huelsman Board Member | OfficerTrustee | 1 | $0 |
Gary Stang Secretary | OfficerTrustee | 1 | $0 |
Paul Wharton Treasurer | OfficerTrustee | 1 | $0 |
Daniel L Slavik President | OfficerTrustee | 1 | $0 |
Michael A Dewolf Board Member-Ad Hoc | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $335,033 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $335,033 |
| Total Program Service Revenue | $9,127 |
| Investment income | $793,933 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,045,001 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,183,094 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,341,616 |
| Grants and other assistance to domestic individuals. | $90,314 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $14,962 |
| Pension plan accruals and contributions | $763 |
| Other employee benefits | $600 |
| Payroll taxes | $1,135 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $22,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,610 |
| Advertising and promotion | $0 |
| Office expenses | $3,515 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $2,968 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,749 |
| All other expenses | $0 |
| Total functional expenses | $1,518,981 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $141,965 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $294,435 |
| Accounts receivable, net | $100 |
| 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 | $9,990 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $27,109,631 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $27,556,121 |
| Accounts payable and accrued expenses | $92,256 |
| Grants payable | $330,096 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $422,352 |
| Net assets without donor restrictions | $3,808,148 |
| Net assets with donor restrictions | $23,325,621 |
| 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 | $27,556,121 |
Grants Awarded
Over the last fiscal year, Wisconsin Masonic Foundation has awarded $875,328 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
Dousman, WI PURPOSE: CARE OF THE ELDERLY | $784,863 |
BEAVER DAM SCHOOL DISTRICT PURPOSE: COLLEGE SCHOLARSHIPS | $55,000 |
Lexington, MA PURPOSE: DYSLEXIA PROGRAMS | $10,473 |
Madison, WI PURPOSE: PROGRAM SUPPORT | $6,870 |
Lexington, MA PURPOSE: DYSLEXIA PROGRAMS | $6,650 |
Lexington, MA PURPOSE: DYSLEXIA PROGRAMS | $6,450 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that Wisconsin Masonic Foundation has recieved totaling $63,336.
| Awarding Organization | Amount |
|---|---|
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: THE ENDOWMENT | $23,944 |
Greater Milwaukee Foundation Inc Milwaukee, WI PURPOSE: THE ENDOWMENT | $23,944 |
Claremont S Jackman Foundation Madison, WI PURPOSE: PROGRAM SUPPORT | $8,406 |
Jerome J & Dorothy H Holz Fam Foundation 10192001 Milwaukee, WI PURPOSE: WISCONSIN HIGH SCHOOL GRADUATE SCHOLARSHIP PROGRAM FOR STUDENTS IN MILWAUKEE & WAUKESHA COUNTIES | $5,000 |
Robert R And Janice L Capen Foundation Inc Cedarburg, WI PURPOSE: SUPPORT CHARITABLE WORK | $1,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $442 |
Endowment Analysis
| Beg. Balance | $26,200,192 |
| Earnings | -$1,746,330 |
| Net Contributions | $213,375 |
| Other Expense | $1,341,616 |
| Ending Balance | $23,325,621 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educational Credential Evaluators Inc Milwaukee, WI | $3,693,811 | $8,910,670 |
Central Minnesota Educational Research & Development Council St Cloud, MN | $3,450,511 | $8,112,700 |
Highscope Educational Research Foundation Ypsilanti, MI | $7,062,751 | $7,390,838 |
Scholarleaders International Deerfield, IL | $3,004,855 | $3,502,508 |
Wisconsin Masonic Foundation Dousman, WI | $27,556,121 | $5,183,094 |
Middle Cities Education Association Lansing, MI | $1,720,048 | $771,674 |
American Association For Employment In Education Sycamore, IL | $152,633 | $177,495 |
Waterford Foundation For Public Education Waterford, MI | $2,028,395 | $210,799 |
South Christian High School Foundation Byron Center, MI | $3,211,171 | $425,642 |
North Scott Educational Foundation Eldridge, IA | $1,925,502 | -$100,057 |
The Wisconsin Union Association Inc Madison, WI | $145,877 | $0 |
Polish National Alliance School Corp Chicago, IL | $1,001,023 | $32,218 |