The Armstrong Family Foundation
- Assets
- $2.8m
- Revenue
- $217.0k
- Investments
- $2.6m
- Employees
- 0
- Location
- Brookfield, WI
- Founding
- 12/2003
- Data as of
- 12/2021
- EIN
- 30-0212798
Organization Overview
The Armstrong Family Foundation is located in Brookfield, WI. The organization was established in 2003. 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. Armstrong Family 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, Armstrong Family Foundation generated $217.0k in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.1% each year. All expenses for the organization totaled $142.7k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Armstrong Family Foundation has awarded 48 individual grants totaling $138,900. 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 |
|---|---|---|---|
Thomas L Armstrong President | 1 | $0 | |
Eric R Armstrong VP | 0 | $0 | |
Mark R Armstrong Jr VP | 0 | $0 | |
Peter A Armstrong II VP | 0 | $0 | |
Margaret A Boucher VP | 0 | $0 | |
Michael Armstrong VP | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $116,609 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $100,387 |
| Capital Gain Net Income | $100,387 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $216,996 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,906 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $196 |
| Total operating and administrative expenses | $3,844 |
| Contributions, gifts, grants paid | $138,900 |
| Total expenses and disbursements | $142,744 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,521 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Other assets | $0 |
| Total assets | $2,809,158 |
| 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, The Armstrong Family Foundation has awarded $138,900 in support to 48 organizations.
| Grant Recipient | Amount |
|---|---|
DUKE UNIVERSITY - CANCER INSTITUTE PURPOSE: MEDICAL RESEARCH | $34,500 |
DEPARTMENT OF ENGLISH (MC 0112) PURPOSE: COLLEGE ENDOWMENT | $17,000 |
Elon, NC PURPOSE: EDUCATION | $16,000 |
UNCG ADVANCEMENT SERVICES PURPOSE: ASSIST HUNGRY AND HOMELESS | $11,500 |
GLADES PRESBYTERIAN CHURCH PURPOSE: CHURCH OPERATING FUND | $5,000 |
Oshkosh, WI PURPOSE: PROMOTE LEADERSHIP/CHARACTER | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
International Childrens Fund Inc Neenah, WI | $1,153,019 | $79,562,043 |
Van Andel Institute Grand Rapids, MI | $1,815,971,878 | $111,524,637 |
William Davidson Foundation Birmingham, MI | $1,107,938,800 | $127,279,050 |
Ronda E Stryker & William D Johnston Foundation Kalamazoo, MI | $63,637,902 | $79,561,320 |
Pritzker Family Foundation Chicago, IL | $156,116,781 | $25,309,600 |
Gilbert Family Foundation Detroit, MI | $122,833,560 | $20,538,766 |
Ghr Foundation Minneapolis, MN | $0 | $118,752,892 |
Paul M Angell Family Foundation Chicago, IL | $1,816,327 | $24,997,411 |
Alfred And Isabel Bader 2014 Charitable Trust Milwaukee, WI | $88,717,556 | $62,553,918 |
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 |