Kohler Foundation Inc
- Assets
- $60.3m
- Revenue
- $7.5m
- Investments
- $60.1m
- Employees
- 0
- Location
- Kohler, WI
- Founding
- 06/1941
- Data as of
- 12/2022
- EIN
- 39-0810536
Organization Overview
Kohler Foundation Inc is located in Kohler, WI. The organization was established in 1941. 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. Kohler 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 12/2022, Kohler Foundation Inc generated $7.5m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $6.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (9.7%) per year over the past 4 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Kohler Foundation Inc has awarded 557 individual grants totaling $25,937,348. 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
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
KOHLER FOUNDATION PROVIDES FOR THE PRESERVATION OF ART AND ARCHITECTURE
KOHLER FOUNDATION PROVIDES FOR THE OPERATION OF THE WAELDERHAUS MUSEUM
KOHLER FOUNDATION PROVIDES FOR CULTURAL PROGRAMS INCLUDING PLAYS, BALLETS AND MUSICALS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Natalie A Black Former President/director | 1 | $0 | |
Jeff Cheney Vice President & Treasurer | 1 | $0 | |
Carla Ross President/director | 1 | $0 | |
Amy Molepske Secretary/director | 1 | $0 | |
Laura Roenitz Executive Director | 40 | $117,874 | |
Wanda Bintzler Accounting Manager | 40 | $82,666 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,266 |
| Dividends & Interest | $5,605,624 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,682,510 |
| Capital Gain Net Income | $1,682,510 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $217,830 |
| Total Revenue | $7,507,230 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $609,907 |
| Pension plans, employee benefits | $237,219 |
| Interest | $0 |
| Taxes | $338,645 |
| Depreciation | $0 |
| Occupancy | $56,487 |
| Travel, conferences, and meetings | $20,704 |
| Printing and publications | $0 |
| Other expenses | $3,881,398 |
| Total operating and administrative expenses | $5,293,704 |
| Contributions, gifts, grants paid | $945,872 |
| Total expenses and disbursements | $6,239,576 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $22,177 |
| Savings and temporary cash investments | $135,256 |
| 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 | $60,107,953 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $60,265,386 |
| 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 | $97 |
| Total liabilities | $97 |
Grants Awarded
Over the last fiscal year, Kohler Foundation Inc has awarded $11,569,713 in support to 222 organizations.
| Grant Recipient | Amount |
|---|---|
ABOVE & BEYOND CHILDREN'S MUSEUM PURPOSE: DARE TO DREAM SUMMER CAMP | $2,500 |
ABOVE & BEYOND CHILDREN'S MUSEUM PURPOSE: CULTURE EXCHANGE MAKERSPACE PROGRAM ACTIVITIES | $2,500 |
AMERICAN PLAYERS THEATRE OF WI INC PURPOSE: EDUCATIONAL OUTREACH PROGRAMMING SERVINGS MIDDLE AND HIGH SCHOOLS THROUGHOUT WISCONSIN | $5,000 |
AMERICAN PLAYERS THEATRE OF WI INC PURPOSE: THE WORDS BETWEEN US CLASSROOM RESIDENCY PROGRAM | $5,000 |
ART CONNECTION PURPOSE: IMPACTING YOUTH THROUGH VISUAL ARTS EDUCATION | $1,000 |
ART INSTITUTE OF CHICAGO (INDIAN TEXTILES) PURPOSE: ART DONATION-BARBARA ROSSI COLLECTION | $53,400 |