Judd S Alexander Foundation Inc
- Assets
- $65.2m
- Revenue
- $3.0m
- Investments
- $59.3m
- Employees
- 0
- Location
- Wausau, WI
- Founding
- 03/1974
- Data as of
- 06/2023
- EIN
- 23-7323721
Organization Overview
Judd S Alexander Foundation Inc is located in Wausau, WI. The organization was established in 1974. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Judd S Alexander 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 06/2023, Judd S Alexander Foundation Inc generated $3.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (14.1%) each year. All expenses for the organization totaled $3.5m during the year ending 06/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Judd S Alexander Foundation Inc has awarded 210 individual grants totaling $9,885,984. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE JUDD S. ALEXANDER FOUNDATION IS ORGANIZED AND OPERATED TO MAKE CASH DONATATIONS AND PROGRAM-RELATED INVESTMENTS TO QUALIFYING PUBLIC CHARITIES, AND DOES NOT ENGAGE IN ANY OTHER CHARITABLE ACTIVITIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gary W Freels President | 25 | $9,000 | |
Lon E Roberts Treasurer/secretary | 2 | $9,000 | |
Dwight E Davis Director, V.p | 2 | $9,000 | |
John Dudley Director | 2 | $9,000 | |
John Tubbs Director | 2 | $9,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $373,920 |
| Dividends & Interest | $528,802 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $2,126,675 |
| Capital Gain Net Income | $2,126,675 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $3,029,397 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $45,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $339 |
| Taxes | $45,321 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $2,251 |
| Printing and publications | $5,545 |
| Other expenses | $26,996 |
| Total operating and administrative expenses | $1,035,940 |
| Contributions, gifts, grants paid | $2,419,438 |
| Total expenses and disbursements | $3,455,378 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $412,629 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $237 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $4,859,778 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $907,790 |
| Net Land, buildings, and equipment | $532,200 |
| Other assets | $24,525 |
| Total assets | $65,168,043 |
| Accounts payable and accrued expenses | $29,170 |
| Grants payable | $836,853 |
| 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 | $866,023 |
Grants Awarded
Over the last fiscal year, Judd S Alexander Foundation Inc has awarded $1,624,172 in support to 28 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN LEGION PURPOSE: BANNER HONORING HARRY HEINMANN JR, VEHICLE FOR HONOR GUARD PROGRAM | $800 |
BADGER INSTITUTE PURPOSE: SPECIFIC PROJECTS GRANT FOR 2023 | $30,000 |
BIG BROTHERS BIG SISTERS PURPOSE: THE NEST | $35,000 |
INSTITUTE FOR REFORMING GOVERNMENT INC PURPOSE: ANNUAL OPERATING SUPPORT | $30,000 |
DC EVEREST EDUCATION FOUNDATION INC PURPOSE: ACTIVITIES IN THE DISTRICT | $15,000 |
BOYS & GIRLS CLUB OF THE WAUSAU AREA INC PURPOSE: ANNUAL OPERATING SUPPORT | $5,000 |