Education Foundation Of Hudson
- Assets
- $937.7k
- Revenue
- $64.6k
- Investments
- $917.6k
- Employees
- 0
- Location
- Hudson, WI
- Founding
- 05/1991
- Data as of
- 12/2023
- EIN
- 39-1692105
Organization Overview
Education Foundation Of Hudson is located in Hudson, WI. The organization was established in 1991. According to its NTEE Classification (B82) the organization is classified as: Scholarships & Student Financial Aid, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Education Foundation Of Hudson 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 12/2023, Education Foundation Of Hudson generated $64.6k in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $66.5k during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Education Foundation Of Hudson has awarded 49 individual grants totaling $329,313. 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
2023
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE EDUCATION FOUNDATION OF HUDSON SEEKS TO PROMOTE EXCELLENCE IN EDUCATION THROUGH THE USE OF PRIVATE REVENUES. DURING THE YEAR 4 SCHOLARSHIPS WERE AWARDED, 3 AWARDS WERE DISTRIBUTED, AND 2 GRANTS WERE AWARDED TO PROMOTE EXCELLENCE IN EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Steve Keller Executive Di | 1 | $0 | |
Lynn Krueger President | 1 | $0 | |
Douglas Stohlberg Vice Preside | 1 | $0 | |
Joan Thompson Vice Preside | 1 | $0 | |
Jodell Krause Secretary | 1 | $0 | |
John Kromer Treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $23,116 |
| Interest on Savings | $0 |
| Dividends & Interest | $39,919 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,525 |
| Capital Gain Net Income | $1,525 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $64,560 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,129 |
| Total operating and administrative expenses | $6,249 |
| Contributions, gifts, grants paid | $60,229 |
| Total expenses and disbursements | $66,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,082 |
| Savings and temporary cash investments | $5,976 |
| 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 | $937,704 |
| 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, Education Foundation Of Hudson has awarded $60,229 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
HUDSON SCHOOL DISTRICT PURPOSE: EDUCATIONAL ASSISTANCE GRANT | $29,260 |
ST PATRICKS SCHOOL PURPOSE: EDUCATIONAL ASSISTANCE GRANTS | $6,969 |
OWEN MARNELL PURPOSE: SCHOLARSHIP | $2,000 |
KAYLA JARPPL PURPOSE: SCHOLARSHIP | $2,000 |
SOPHIE HUBER PURPOSE: SCHOLARSHIP | $2,000 |
SAMANTHA STRUEMKE PURPOSE: SCHOLARSHIP | $2,000 |