Klug Fam Foundation
- Assets
- $845.2k
- Revenue
- $1.2k
- Investments
- $844.9k
- Employees
- 0
- Location
- Rubicon, WI
- Founding
- 09/2003
- Data as of
- 12/2022
- EIN
- 43-6879780
Organization Overview
Klug Fam Foundation is located in Rubicon, WI. The organization was established in 2003. 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. Klug Fam 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, Klug Fam Foundation generated $1.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (45.3%) each year. All expenses for the organization totaled $46.6k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Klug Fam Foundation has awarded 144 individual grants totaling $286,875. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Klug Trustee | 0 | $0 | |
Carol Klug Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $18,163 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$16,936 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $1,227 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $243 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,393 |
| Total operating and administrative expenses | $5,593 |
| Contributions, gifts, grants paid | $41,000 |
| Total expenses and disbursements | $46,593 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $266 |
| 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 | $845,157 |
| Accounts payable and accrued expenses | $1,690 |
| 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 | $25,635 |
| Total liabilities | $27,325 |
Grants Awarded
Over the last fiscal year, Klug Fam Foundation has awarded $41,000 in support to 18 organizations.
| Grant Recipient | Amount |
|---|---|
ASHIPPUN FIRE DEPT INC PURPOSE: FIRE FIGHTING & EMS | $1,000 |
ASHIPPUN LIONS CLUB PURPOSE: TO PROVIDE COMMUNITY ASSISTANCE | $2,000 |
CENTER FOR DEAF & BLIND PURPOSE: SERVICES TO THE DEAF & BLIND | $1,500 |
DIVINE WORD COLLEGE PURPOSE: RELIGIOUS EDUCATION | $1,500 |
DIVINE WORD SOCIETY PURPOSE: SUPPORT OF MISSIONARIES | $500 |
FOUNDATION FOR RELIGIOUS RETIREMENT PURPOSE: SUPPORT RETIRED SISTERS | $1,000 |