Shorewood Foundation Inc

Organization Overview

Shorewood Foundation Inc is located in Shorewood, WI. The organization was established in 1964. According to its NTEE Classification (S20) the organization is classified as: Community & Neighborhood Development, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shorewood 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 12/2021, Shorewood Foundation Inc generated $667.7k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 33.2% each year . All expenses for the organization totaled $19.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE A WAY FOR SHOREWOOD RESIDENTS AND FRIENDS TO SUPPORT THE COMMUNITY INSTITUTIONS, FACILITIES AND SERVICES

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE A WAY FOR SHOREWOOD RESIDENTS AND FRIENDS TO SUPPORT THE COMMUNITY INSTITUTIONS, FACILITIES, AND SERVICES


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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$34,197
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$34,197
Total Program Service Revenue$0
Investment income $632,082
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $667,737

Grants Awarded

Over the last fiscal year, Shorewood Foundation Inc has awarded $92,783 in support to 4 organizations.

Grant RecipientAmount

SHOREWOOD SENIOR RESOURCE CENTER

|

|

$32,783

FRIENDS OF ATWATER BEACH

|

|

$25,000

SHOREWOOD SMALL BUSINESS RELIEF FUND

|

|

$25,000

SHOREWOOD SEED

|

|

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Shorewood Foundation Inc has recieved totaling $8,250.

Awarding OrganizationAmount
$8,000
Baird Foundation Inc

Milwaukee, WI

PURPOSE: EDUCATION

$250
View Grant Recipient Profile

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