Steve Stricker American Family Insurance Foundation Inc is located in Madison, WI. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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.
For the year ending 12/2019, Steve Stricker American Family Insurance Foundation Inc generated $6.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (5.6%) each year. All expenses for the organization totaled $6.4m during the year ending 12/2019. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS CHARITIES, EDUCATIONAL INITIATIVES, AND ORGANIZATIONS AIMED AT BUILDING STRONG FAMILIES AND HEALTHY KIDS, EMPOWERING THEM TO CHASE AND ACHIEVE THEIR DREAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS CHARITIES, EDUCATIONAL INITIATIVES, AND ORGANIZATIONS AIMED AT BUILDING STRONG FAMILIES AND HEALTHY KIDS, EMPOWERING THEM TO CHASE AND ACHIEVE THEIR DREAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven C Stricker Director, Ch | OfficerTrustee | 1 | $0 |
William B Westrate Director, Pr | OfficerTrustee | 1 | $0 |
Nicole L Stricker Director, Vi | OfficerTrustee | 1 | $0 |
Daniel J Kelly Vice Pres, T | OfficerTrustee | 1 | $0 |
James S Buchheim Vice Pres, S | Officer | 1 | $0 |
Nathaniel Pokrass Vice Pres, E | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Hns Sports Group Tourament Opera | 12/30/19 | $193,579 |
Legendary Way Marketing Llc Marketing | 12/30/19 | $342,149 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $4,219,340 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,992,280 |
Noncash contributions included in lines 1a–1f | $5,524,709 |
Total Revenue from Contributions, Gifts, Grants & Similar | $9,211,620 |
Total Program Service Revenue | $0 |
Investment income | $207,798 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | -$2,502,819 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $6,916,599 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $1,656,000 |
Grants and other assistance to domestic individuals. | $0 |
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 | $234,677 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $25,000 |
Fees for services: Accounting | $43,341 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $368,094 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $306,524 |
Advertising and promotion | $1,286,181 |
Office expenses | $13,842 |
Information technology | $44,089 |
Royalties | $0 |
Occupancy | $1,181,889 |
Travel | $227,092 |
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 | $50,905 |
All other expenses | $145,976 |
Total functional expenses | $6,375,271 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $661,670 |
Savings and temporary cash investments | $4,254,667 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $44,200 |
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 | $48,788 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $4,079,504 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $5,568 |
Total assets | $9,094,397 |
Accounts payable and accrued expenses | $66,336 |
Grants payable | $0 |
Deferred revenue | $455,624 |
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 | $3,038 |
Total liabilities | $524,998 |
Net assets without donor restrictions | $8,569,399 |
Net assets with donor restrictions | $0 |
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 | $9,094,397 |
Over the last fiscal year, Steve Stricker American Family Insurance Foundation Inc has awarded $110,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
UNITED WAY OF DANE COUNTY39-0817532 PURPOSE: EDUCATION | $60,000 |
THE FIRST TEE OF SOUTH CENTRAL WI20-5779146 PURPOSE: EDUCATION | $50,000 |
Over the last fiscal year, we have identified 3 grants that Steve Stricker American Family Insurance Foundation Inc has recieved totaling $76,000.
Awarding Organization | Amount |
---|---|
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $30,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: PUBLIC, SOCIETAL BENEFIT | $30,000 |
Goldman Sachs Philanthropy Fund New York, NY PURPOSE: COMMUNITY & HUMAN SERVICES | $16,000 |
Organization Name | Assets | Revenue |
---|---|---|
The Hormel Foundation Austin, MN | $1,460,095,517 | $29,596,789 |
Communtiy Foundation Of The Holland Zeeland Area Holland, MI | $93,720,564 | $16,618,331 |
Abbott Northwestern Hospital Foundation Minneapolis, MN | $83,459,878 | $9,782,270 |
Schuler Education Foundation Lake Forest, IL | $186,684,570 | $64,475,200 |
Franciscan Sisters Of Chicago Service Corporation Lemont, IL | $62,771,138 | $13,923,865 |
Northland Foundation Duluth, MN | $95,143,879 | $16,414,612 |
Comerica Charitable Tr Detroit, MI | $67,920,360 | $17,195,992 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,611,116 | $7,902,186 |
Detroit Childrens Fund Detroit, MI | $5,939,089 | $5,779,528 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $9,094,397 | $6,916,599 |
Thedacare Family Of Foundations Inc Appleton, WI | $70,175,553 | $5,355,190 |
Hope Gospel Mission Inc Eau Claire, WI | $10,329,333 | $5,232,076 |