Link Family Foundation
- Assets
- $5.5m
- Revenue
- $348.8k
- Investments
- $5.4m
- Employees
- 0
- Location
- Minong, WI
- Founding
- 06/2014
- Data as of
- 12/2023
- EIN
- 46-3938461
Organization Overview
Link Family Foundation is located in Minong, WI. The organization was established in 2014. According to its NTEE Classification (T99) the organization is classified as: Philanthropy, Voluntarism & Grantmaking Foundations N.E.C., 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. Link Family 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 12/2023, Link Family Foundation generated $348.8k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 9 years, the organization has seen revenues fall by an average of (26.4%) each year. All expenses for the organization totaled $272.2k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Link Family Foundation has awarded 23 individual grants totaling $2,677,000. 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 |
|---|---|---|---|
John E Link President | 1 | $0 | |
Troy Link Treasurer/secretary | 1 | $0 | |
Mary Jo Link Vice President | 1 | $0 | |
Lorissa Link Vice President | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $208,652 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $140,146 |
| Capital Gain Net Income | $140,146 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $24 |
| Total Revenue | $348,822 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,993 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $22,222 |
| Contributions, gifts, grants paid | $250,000 |
| Total expenses and disbursements | $272,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $116,284 |
| Savings and temporary cash investments | $0 |
| 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 | $750,411 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $5,468,496 |
| 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, Link Family Foundation has awarded $250,000 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
BOCA RATON REGIONAL HOSPITAL FOUNDATION PURPOSE: BRRH - TOPPEL FAMILY PLACE AND STROKE PROGRAM AND THE MARCUS NEUROSCIENCE INSTITUTE IN MEMORY OF DR. JOHN STROBIS | $10,000 |
CLEVELAND CLINIC FOUNDATION PURPOSE: SUPPORT CARDIOVASCULAR RESEARCH WITHIN THE SYDELL AND ARNOLD MILLER FAMILY HEART, VASCULAR, AND THORACIC INSTITUTE | $100,000 |
JOE DIMAGGIO CHILDREN'S HOSPITAL FOUNDATION PURPOSE: JDCH EXPANSION CAMPAIGN FUND | $40,000 |
MAYO CLINIC PURPOSE: ADVANCED BREAST CANCER RESEARCH | $100,000 |