University Of Wisconsin Superior Foundation Inc
- Assets
- $26.8m
- Revenue
- $8.5m
- Investments
- $0.0
- Employees
- 0
- Location
- Superior, WI
- Founding
- 01/1972
- Data as of
- 06/2022
- EIN
- 39-6088707
Organization Overview
University Of Wisconsin Superior Foundation Inc is located in Superior, WI. The organization was established in 1972. According to its NTEE Classification (B43) the organization is classified as: Universities, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. University Of Wisconsin Superior 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, University Of Wisconsin Superior Foundation Inc generated $8.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 28.8% each year . All expenses for the organization totaled $2.1m during the year ending 06/2022. While expenses have increased by 4.7% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
HELP SUPPORT STUDENTS AND THE UNIVERSITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
STUDENT FINANCIAL AID, INCLUDING SCHOLARSHIP AWARDS, MAINTENANCE OF LOAN FUNDS, AND OTHER STUDENT SUPPORT FOR THE UNIVERSITY.
SUPPORT OF INSTRUCTIONAL AND INSTITUTIONAL PROGRAMS OF THE UNIVERSITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jim Tomczak President | OfficerTrustee | 1 | $0 |
Oddi Hjellbakk President-El | OfficerTrustee | 1 | $0 |
Chad Matushak Treasurer | OfficerTrustee | 1 | $0 |
Shaye Moris Secretary | OfficerTrustee | 1 | $0 |
Jeanne Thompson Executive Di | Officer | 40 | $0 |
Scott Wallin Accountant | Officer | 15 | $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 | $7,250,803 |
| Noncash contributions included in lines 1a–1f | $281,766 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,250,803 |
| Total Program Service Revenue | $0 |
| Investment income | $488,422 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $771,686 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,532,760 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $350,164 |
| Grants and other assistance to domestic individuals. | $937,169 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $39,320 |
| Fees for services: Legal | $690 |
| Fees for services: Accounting | $10,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $157,233 |
| Fees for services: Other | $0 |
| Advertising and promotion | $47,510 |
| Office expenses | $49,185 |
| Information technology | $58,620 |
| Royalties | $0 |
| Occupancy | $3,385 |
| Travel | $25,120 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,159 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,175 |
| Insurance | $11,214 |
| All other expenses | $15,613 |
| Total functional expenses | $2,141,263 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,408,127 |
| Savings and temporary cash investments | $905,446 |
| Pledges and grants receivable | $4,011,687 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $4,501 |
| Investments—publicly traded securities | $19,330,931 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $128,320 |
| Total assets | $26,789,012 |
| Accounts payable and accrued expenses | $338,090 |
| Grants payable | $0 |
| 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 | $338,090 |
| Net assets without donor restrictions | $2,232,859 |
| Net assets with donor restrictions | $24,218,063 |
| 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 | $26,789,012 |
Grants Awarded
Over the last fiscal year, University Of Wisconsin Superior Foundation Inc has awarded $350,164 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN - SUPERIOR PURPOSE: INSTITUTIONAL SUPP. | $337,164 |
Superior, WI PURPOSE: SUPPORT UWS ALUMNI | $13,000 |
Grants Recieved
Over the last fiscal year, we have identified 8 grants that University Of Wisconsin Superior Foundation Inc has recieved totaling $133,702.
| Awarding Organization | Amount |
|---|---|
Arizona Community Foundation Phoenix, AZ PURPOSE: PROGRAM SUPPORT | $57,500 |
Duluth Superior Area Community Foundation Inc Duluth, MN PURPOSE: WORKING TOGETHER TO PRESERVE A COLDWATER LEGACY | $25,000 |
American Online Giving Foundation Inc Newark, DE PURPOSE: GENERAL SUPPORT | $25,000 |
Miller Dwan Foundation Duluth, MN PURPOSE: MENTAL HEALTH | $15,000 |
Ayco Charitable Foundation Cohoes, NY PURPOSE: EDUCATION | $10,000 |
Harry And Rebecca Lahr Foundation Las Vegas, NV PURPOSE: SCHOLARSHIPS | $1,000 |
Endowment Analysis
| Beg. Balance | $20,769,645 |
| Earnings | -$3,276,823 |
| Admin Expense | $263,285 |
| Net Contributions | $634,603 |
| Grants | $441,448 |
| Ending Balance | $17,422,692 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wayne State University Detroit, MI | $420,994,306 | $23,111,509 |
Maranatha Baptist University Inc Watertown, WI | $23,775,385 | $19,476,702 |
Allen College Waterloo, IA | $31,467,568 | $14,208,836 |
Holy Family College Inc Manitowoc, WI | $6,992,394 | $12,349,410 |
Baker College Flint, MI | $17,867,262 | $11,641,595 |
Western Illinois University Foundation Macomb, IL | $79,070,194 | $7,417,920 |
Spertus Institute For Jewish Learning And Leadership Chicago, IL | $61,494,654 | $7,279,775 |
Southern Illinois University Edwardsville Foundation Edwardsville, IL | $53,902,987 | $8,733,295 |
Vandercook College Of Music Chicago, IL | $10,499,413 | $6,354,157 |
Eastern Illinois University Foundation Charleston, IL | $118,656,033 | $17,377,290 |
University Of Wisconsin Stevens Point Foundation Inc Stevens Point, WI | $75,127,942 | $13,216,092 |
The Northern Michigan University Foundation Marquette, MI | $51,572,158 | $7,666,417 |