Andis Foundation Inc
- Assets
- $2.8m
- Revenue
- $89.8k
- Investments
- $2.7m
- Employees
- 0
- Location
- Sturtevant, WI
- Founding
- 11/2015
- Data as of
- 12/2023
- EIN
- 47-3885242
Organization Overview
Andis Foundation Inc is located in Sturtevant, WI. The organization was established in 2015. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Andis 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, Andis Foundation Inc generated $89.8k 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 (24.5%) each year. All expenses for the organization totaled $210.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Andis Foundation Inc has awarded 98 individual grants totaling $918,044. 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 |
|---|---|---|---|
Laura Andis Bishop President And Secretary | 5 | $0 | |
Matthew K Andis Vice President And Treasurer | 0.5 | $0 | |
Nathan Johnson Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $6,627 |
| Dividends & Interest | $63,537 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $19,682 |
| Capital Gain Net Income | $19,682 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $89,846 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,257 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,223 |
| Printing and publications | $0 |
| Other expenses | $851 |
| Total operating and administrative expenses | $71,858 |
| Contributions, gifts, grants paid | $138,635 |
| Total expenses and disbursements | $210,493 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $76,736 |
| Savings and temporary cash investments | $53,655 |
| 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 | $396,592 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $2,843,801 |
| 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, Andis Foundation Inc has awarded $164,635 in support to 24 organizations.
| Grant Recipient | Amount |
|---|---|
UNITED WAY (RACINE WI) PURPOSE: UNRESTRICTED OPERATING FUNDS | $49,500 |
TRINITY LUTHERAN SCHOOL PURPOSE: EDUCATIONAL SCHOLARSHIP | $250 |
THREE HARBORS COUNCIL BOY SCOUTS OF AMERICA PURPOSE: MATCHING GIFT --UNRESTRICTED | $200 |
ST JOSEPH'S PARISH PURPOSE: MATCHING GIFT --UNRESTRICTED | $250 |
SECUREFUTURES FOUNDATION INC PURPOSE: MONEY COACH RACINE | $10,000 |
RIVER BEND NATURE CENTER PURPOSE: ANDIS CHICKADEE STORY TRAIL | $5,000 |