Rainbow Hospice Foundation Inc

Organization Overview

Rainbow Hospice Foundation Inc is located in Jefferson, WI. The organization was established in 2007. According to its NTEE Classification (T11) the organization is classified as: Single Organization Support, 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. Rainbow Hospice 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 12/2021, Rainbow Hospice Foundation Inc generated $862.4k in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.2% each year . All expenses for the organization totaled $230.3k during the year ending 12/2021. While expenses have increased by 9.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO FUNDRAISE COLLECT DONATIONS AND MANAGE INVESTMENTS IN SUPPORT OF RAINBOW HOSPICE CARE INC A RELATED TAX-EXEMPT ORGANIZATION.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE FOUNDATION PROVIDES FUNDS TO RAINBOW HOSPICE CARE INC. TO COVER THE COST OF HOSPICE CARE FOR INDIVIDUALS WHO ARE UNINSURED OR UNDERINSURED TO THE EXTENT THAT THEY DO NOT HAVE THE ABILITY TO PAY FOR HOSPICE OR PALLIATIVE CARE PRIVATELY. FUNDING IS ALSO PROVIDED FOR STAFF EDUCATION TECHNOLOGY AND MEDICAL EQUIPMENT PURCHASES TO IMPROVE CARE DELIVERY.


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Board, Officers & Key Employees

Name (title)Compensation
Karen Lacke Carrig
President CEO
$0
Randall Knox
Chairman
$0
Philip Mertens
Vice-Chairman
$0
Michael R Maier II
Sec-Treasurer CFO
$0
John Uttech
Director
$0
James Statz
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$21,939
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$600,669
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$622,608
Total Program Service Revenue$0
Investment income $70,317
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $172,828
Net Income from Fundraising Events -$3,403
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $862,350

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Rainbow Hospice Foundation Inc has recieved totaling $6,000.

Awarding OrganizationAmount
Waukesha County Community Foundation Inc

Waukesha, WI

PURPOSE: GENERAL/OPERATING SUPPORT

$6,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,346,259
Earnings$191,622
Net Contributions$17,240
Other Expense$65,977
Ending Balance$1,489,184

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