Ted And Grace Bachhuber Foundation Inc

Organization Overview

Ted And Grace Bachhuber Foundation Inc is located in Mayville, WI. The organization was established in 1983. 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. Ted And Grace Bachhuber 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, Ted And Grace Bachhuber Foundation Inc generated $3.2m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 30.1% each year . All expenses for the organization totaled $2.3m during the year ending 12/2021. While expenses have increased by 1.6% per year over the past 4 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.

Since 2020, Ted And Grace Bachhuber Foundation Inc has awarded 79 individual grants totaling $8,617,681. 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.

Mission & Program ActivityExcerpts From the 990PF Filing

TAX YEAR

2021

Describe the Organization's Program Activity:

Part 3 - Line 4a

NONE


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Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $0
Interest on Savings $34,152
Dividends & Interest $846,564
Net Rental Income$0
Net Gain on Sale of Assets $2,342,611
Capital Gain Net Income $2,342,611
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $0
Total Revenue $3,223,327

Grants Awarded

Over the last fiscal year, Ted And Grace Bachhuber Foundation Inc has awarded $2,037,256 in support to 22 organizations.

Grant RecipientAmount

MAYVILLE PUBLIC LIBRARY

PURPOSE: PROVIDE FINANCIAL ASSISTANCE FOR FUTURE NEW LIBRARY BUILDING

$1,000,000

MAYVILLE PUBLIC SCHOOLS

PURPOSE: PROVIDE SCHOLARSHIPS

$469,000

ST JOHN'S SCHOOL

PURPOSE: PROVIDE FINANCIAL ASSISTANCE FOR MAINTENANCE EQUIPMENT CURRICULUM AND SCHOLARSHIPS

$120,000

MAYVILLE PUBLIC SCHOOLS

PURPOSE: PROVIDE FINANCIAL ASSISTANCE FOR TRACK RESURFACING & TECH ED

$100,000

ST MARY SCHOOL

PURPOSE: PROVIDE FINANCIAL ASSISTANCE FOR MAINTENANCE EQUIPMENT CURRICULUM AND SCHOLARSHIPS

$55,000

CITY OF MAYVILLE

PURPOSE: SUPPORT FOR COMMUNITY TAG CENTER - MEMBERSHIP SUBSIDIES

$50,000
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