Charles Family Foundation Inc
- Assets
- $8.5m
- Revenue
- $1.5m
- Investments
- $4.1m
- Employees
- 0
- Location
- New Franken, WI
- Founding
- 07/2009
- Data as of
- 12/2021
- EIN
- 26-3925889
Organization Overview
Charles Family Foundation Inc is located in New Franken, WI. The organization was established in 2009. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Charles Family 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, Charles Family Foundation Inc generated $1.5m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 23.5% each year . All expenses for the organization totaled $1.1m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Charles Family Foundation Inc has awarded 145 individual grants totaling $2,040,984. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David R Charles President/vp/treas | 1 | $0 | |
Kristie J Barbaro Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,360,414 |
| Interest on Savings | $144,693 |
| Dividends & Interest | $16,354 |
| Net Rental Income | $84,151 |
| Net Gain on Sale of Assets | -$1,109,185 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $5,343 |
| Total Revenue | $1,529,619 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $161,074 |
| Depreciation | $20,340 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $267,038 |
| Total operating and administrative expenses | $467,752 |
| Contributions, gifts, grants paid | $662,634 |
| Total expenses and disbursements | $1,130,386 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,723,323 |
| 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 | $828,086 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $872,162 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,456,839 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $8,527,798 |
| 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 | $12,000 |
| Total liabilities | $12,000 |
Grants Awarded
Over the last fiscal year, Charles Family Foundation Inc has awarded $494,800 in support to 34 organizations.
| Grant Recipient | Amount |
|---|---|
AUTISM SOCIETY OF SOUTHEASTERN WI PURPOSE: FUNDING FOR THE 2022 YOU ARE THE CONNECTION ANNUAL CAMPAIGN. | $10,000 |
BIG BROTHERS BIG SISTERS PURPOSE: TO SUPPORT YOUTH MENTORING PROGRAM. | $10,000 |
BADGER BOYS STATE INC PURPOSE: SPONSORSHIP FOR BROWN AND KEWAUNEE HIGH SCHOOLS TO ATTEND BADGER BOYS STATE IN 2023. | $2,500 |
BROWN COUNTY ORAL HEALTH PARTNERSHIP PURPOSE: PROVIDE DENTISTRY FOR CHILDREN | $2,000 |
BOYS & GIRLS CLUB OF GREATER GREEN BAY PURPOSE: ACADEMIC COACHING & MENTORSHIP PROGRAMS | $10,000 |
BOY SCOUTS OF AMERICA PURPOSE: ANNUAL FRIENDS OF SCOUTING CAMPAIGN | $5,000 |