Ted And Grace Bachhuber Foundation Inc
- Assets
- $25.7m
- Revenue
- $3.2m
- Investments
- $13.4m
- Employees
- 0
- Location
- Mayville, WI
- Founding
- 04/1983
- Data as of
- 12/2021
- EIN
- 39-1415821
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.
Form
990PF
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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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joann Bachhuber President Executive Director | 20 | $100,000 | |
Brett E Helmbrecht Treasurer Director | 16 | $45,000 | |
Glen V Helmbrecht Director | 2 | $5,000 | |
Leo R Fisher Vice President Director | 2 | $5,000 | |
John A St Peter Secretary Director | 2 | $4,000 | |
Marcia K Krieser Director | 2 | $4,000 |
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 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $174,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $25,593 |
| Interest | $0 |
| Taxes | $42,424 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $3,135 |
| Total operating and administrative expenses | $296,353 |
| Contributions, gifts, grants paid | $2,037,256 |
| Total expenses and disbursements | $2,333,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,719 |
| Savings and temporary cash investments | $12,275,628 |
| 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 | $25,722,497 |
| 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, Ted And Grace Bachhuber Foundation Inc has awarded $2,037,256 in support to 22 organizations.
| Grant Recipient | Amount |
|---|---|
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 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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 |
Wca Foundation C/O The Minneapolis Foundation Minneapolis, MN | $0 | $1,050,329 |
Pritzker Traubert Foundation Chicago, IL | $0 | $14,671,849 |
Fund For Wisconsin Scholars Inc Madison, WI | $273,321,225 | $22,010,196 |
Pohlad Family Foundation Minneapolis, MN | $102,001,164 | $18,381,775 |
Motorola Solutions Foundation Chicago, IL | $427,877 | $12,200,078 |
Gilbert Fam Foundation Detroit, MI | $16,505,480 | $22,733,689 |
The Walsh Foundation Chicago, IL | $179,756,510 | $18,008,076 |
Roy J Carver Charitable Tr Muscatine, IA | $235,043,756 | $22,231,044 |
Richard And Helen Devos Foundation Grand Rapids, MI | $31,037 | $11,215,000 |