The Walter S And Lucienne B Driskill Foundation
- Assets
- $7.4m
- Revenue
- $1.1m
- Investments
- $6.6m
- Employees
- 0
- Location
- Elkhorn, WI
- Founding
- 03/2015
- Data as of
- 12/2021
- EIN
- 61-1746102
Organization Overview
The Walter S And Lucienne B Driskill Foundation is located in Elkhorn, WI. The organization was established in 2015. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Walter S And Lucienne B Driskill 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 12/2021, Walter S And Lucienne B Driskill Foundation generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (15.7%) each year. All expenses for the organization totaled $1.5m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Walter S And Lucienne B Driskill Foundation has awarded 99 individual grants totaling $13,796,131. 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 |
|---|---|---|---|
June Barnard President & Chairman | 20 | $200,000 | |
Katelyn Moon Manager Of Communica | 40 | $81,923 | |
Nathanael Biggs Creative Marketing M | 40 | $52,961 | |
India Ehioba Treasurer & Director | 10 | $0 | |
Michele Marko Secretary & Director | 10 | $0 | |
Mike Briggs Director | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $4,559 |
| Dividends & Interest | $144,728 |
| Net Rental Income | $28,010 |
| Net Gain on Sale of Assets | $914,785 |
| Capital Gain Net Income | $914,785 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $6,436 |
| Total Revenue | $1,098,518 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $186,923 |
| Other employee salaries and wages | $144,770 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $109,391 |
| Depreciation | $3,011 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,144 |
| Printing and publications | $0 |
| Other expenses | $99,769 |
| Total operating and administrative expenses | $706,047 |
| Contributions, gifts, grants paid | $763,010 |
| Total expenses and disbursements | $1,469,057 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $73,462 |
| Savings and temporary cash investments | $765,728 |
| 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 | $0 |
| Net Land, buildings, and equipment | $1,075 |
| Other assets | $0 |
| Total assets | $7,400,909 |
| Accounts payable and accrued expenses | $12,500 |
| 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 | $82,977 |
| Total liabilities | $95,477 |
Grants Awarded
Over the last fiscal year, The Walter S And Lucienne B Driskill Foundation has awarded $763,010 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ANN & ROBERT LURIE CHILDREN'S HOSPITAL PURPOSE: EDUCATION | $303,130 |
CURIOSITY 2 CREATE PURPOSE: EDUCATION | $262,880 |
Glen Ellyn, IL PURPOSE: HOMELESS SHELTER AND SUPPORT SERVICES | $25,000 |
PEGGY NOTEBAERT NATURE MUSEUM PURPOSE: EDUCATION | $25,000 |
Chicago, IL PURPOSE: EDUCATION | $25,000 |
TURNING THE PAGE PURPOSE: EDUCATION | $20,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Anthony Pritzker Fam Foundation Chicago, IL | $0 | $37,184,888 |
Goodman Family Operating Foundation Chaska, MN | $298,216,479 | $15,439,155 |
Robert And Adele Schiff Family Foundation Inc Milwaukee, WI | $226,331,394 | $18,541,997 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |