Herman T And Phenie R Pott Foundation
- Assets
- $26.7m
- Revenue
- $661.3k
- Investments
- $26.1m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1964
- Data as of
- 12/2022
- EIN
- 43-6041541
Organization Overview
Herman T And Phenie R Pott Foundation is located in Milwaukee, WI. The organization was established in 1964. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Herman T And Phenie R Pott 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 12/2022, Herman T And Phenie R Pott Foundation generated $661.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (7.6%) each year. All expenses for the organization totaled $1.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Herman T And Phenie R Pott Foundation has awarded 321 individual grants totaling $4,699,011. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
N/A
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mary Jane King Advisory Committee | 0 | $0 | |
Tom Corbet Thompson Coburn Advisory Committee | 0 | $0 | |
Roy T Collins Advisory Committee | 0 | $0 | |
John F Fechter Advisory Committee | 0 | $0 | |
Richard Rogers Advisory Committee | 0 | $0 | |
Kristrine E Collins Advisory Committee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $668,974 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$10,203 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,481 |
| Total Revenue | $661,252 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $150,922 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $43,540 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,809 |
| Total operating and administrative expenses | $223,516 |
| Contributions, gifts, grants paid | $1,561,011 |
| Total expenses and disbursements | $1,784,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $648,155 |
| 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 | $11,186,009 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $12,349 |
| Total assets | $26,738,405 |
| 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, Herman T And Phenie R Pott Foundation has awarded $1,561,011 in support to 106 organizations.
| Grant Recipient | Amount |
|---|---|
TODAY AND TOMORROW EDUCATIONAL FDN PURPOSE: GENERAL OPERATING | $10,000 |
GUARDIAN ANGEL SETTLEMENT ASSOC PURPOSE: GENERAL OPERATING | $20,000 |
KIPP ST LOUIS PUBLIC SCHOOLS PURPOSE: GENERAL OPERATING | $10,000 |
LUTHERAN FAMILY CHILDRENS PURPOSE: GENERAL OPERATING | $5,000 |
HAVEN HOUSE SAINT LOUIS PURPOSE: GENERAL OPERATING | $5,000 |
SAINT LOUIS CRISIS NURSERY PURPOSE: GENERAL OPERATING | $30,000 |