Dane Buy Local Foundation Inc is located in Madison, WI. The organization was established in 2015. According to its NTEE Classification (S41) the organization is classified as: Chambers of Commerce & Business Leagues, under the broad grouping of Community Improvement & Capacity Building and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Dane Buy Local 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 12/2023, Dane Buy Local Foundation Inc generated $14.4k in total revenue. All expenses for the organization totaled $25.6k during the year ending 12/2023.
Since 2020, Dane Buy Local Foundation Inc has awarded 1,445 individual grants totaling $13,045,595. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO ADVANCE THE MISSION OF DANE BUY LOCAL, AND TO RECEIVE GRANTS AND CONTRIBUTIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COLLABORATE - EDUCATE - PROMOTE: THE PRIMARY PROGRAM OF THE FOUNDATION PROVIDES EDUCATION TO THE PUBLIC ABOUT THE PROFOUND BENEFITS OF PRIORITIZING LOCAL BUSINESSES, TO PROMOTE BUYING LOCAL, AND FOSTER COLLABORATION BETWEEN LIKE-MINDED ORGANIZATIONS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Colin Murray President | OfficerTrustee | 3 | $0 |
Scott Seid Vice Preside | OfficerTrustee | 1 | $0 |
Lauri Lee Secretary | OfficerTrustee | 1 | $0 |
Rebecca Muehl Treasurer | OfficerTrustee | 1 | $0 |
Lee Kampa Director | Trustee | 1 | $0 |
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 | $14,400 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $14,400 |
Total Program Service Revenue | $0 |
Investment income | $0 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $14,400 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $4,524 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $6,610 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $420 |
Office expenses | $435 |
Information technology | $960 |
Royalties | $0 |
Occupancy | $3,185 |
Travel | $0 |
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 | $0 |
All other expenses | $0 |
Total functional expenses | $25,639 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $20,813 |
Savings and temporary cash investments | $5 |
Pledges and grants receivable | $0 |
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 | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $20,818 |
Accounts payable and accrued expenses | $0 |
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 | $0 |
Net assets without donor restrictions | $20,818 |
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 | $20,818 |
Over the last fiscal year, Dane Buy Local Foundation Inc has awarded $12,667,595 in support to 1,382 organizations.
Grant Recipient | Amount |
---|---|
16 BARS LLC PURPOSE: COVID RELIEF | $11,000 |
1847 AT THE STAMM HOUSE INC PURPOSE: COVID RELIEF | $10,000 |
202 E WASHINGTON LLC PURPOSE: COVID RELIEF | $12,000 |
S & S ACCOUNTING AND TAX SERVICES PURPOSE: COVID RELIEF | $7,000 |
24 X 7 REMODELING LLC PURPOSE: COVID RELIEF | $7,000 |
33 VENTURES LLC PURPOSE: COVID RELIEF | $12,000 |