Madison Advertising Federation Foundation
- Assets
- $101.8k
- Revenue
- $7.5k
- Investments
- $101.3k
- Employees
- 0
- Location
- Madison, WI
- Founding
- 02/1993
- Data as of
- 06/2022
- EIN
- 39-1630870
Organization Overview
Madison Advertising Federation Foundation is located in Madison, WI. The organization was established in 1993. 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. Madison Advertising Federation 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 06/2022, Madison Advertising Federation Foundation generated $7.5k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $6.2k during the year ending 06/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING THE YEAR ENDED JUNE 30, 2022, MADISON ADVERTISING FEDERATION FOUNDATION PROVIDED 7 SCHOLARSHIPS TO STUDENTS PURSUING HIGHER EDUCATION IN THE AREAS OF MARKETING, COMMUNICATION ARTS, VISUAL COMMUNICATIONS, PHOTOGRAPHY, JOURNALISM, PUBLIC RELATIONS, OR ADVERTISING AT INSTITUTIONS LOCATED IN DANE COUNTY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Georgia Roeming President | 1 | $0 | |
William Kennedy Treasurer | 1 | $0 | |
Michael Knapstein Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $3,678 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $3,855 |
| Capital Gain Net Income | $3,855 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $7,533 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $25 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $201 |
| Contributions, gifts, grants paid | $6,000 |
| Total expenses and disbursements | $6,201 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $488 |
| 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 | $101,824 |
| 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, Madison Advertising Federation Foundation has awarded $6,000 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
ANNIE CLAYPOOL PURPOSE: SCHOLARSHIP | $1,000 |
CLAIRE PIEPER PURPOSE: SCHOLARSHIP | $1,000 |
GRACE COLVIN PURPOSE: SCHOLARSHIP | $1,000 |
KATHERINE REITZ PURPOSE: SCHOLARSHIP | $1,000 |
MAX BOWMAN PURPOSE: SCHOLARSHIP | $500 |
OLYMPIA WUNDROCK PURPOSE: SCHOLARSHIP | $1,000 |