Community Foundation Of Southern Wisconsin Inc
- Assets
- $81.8m
- Revenue
- $8.8m
- Investments
- $80.6m
- Employees
- 13
- Location
- Janesville, WI
- Founding
- 07/1992
- Data as of
- 06/2023
- EIN
- 39-1711388
Organization Overview
Community Foundation Of Southern Wisconsin Inc is located in Janesville, WI. The organization was established in 1992. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2023, Community Foundation Of Southern Wisconsin Inc employed 13 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Community Foundation Of Southern Wisconsin 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 06/2023, Community Foundation Of Southern Wisconsin Inc generated $8.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $5.4m during the year ending 06/2023. While expenses have increased by 2.3% per year over the past 8 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 2015, Community Foundation Of Southern Wisconsin Inc has awarded 654 individual grants totaling $17,380,230. 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE COMMUNITY FOUNDATION OF SOUTHERN WISCONSIN, INC. IS A TAX-EXEMPT NOT-FOR-PROFIT PHILANTHROPIC GRANTING ORGANIZATION THAT MATCHES PERSONAL PHILANTHROPY WITH COMMUNITY NEEDS THROUGH GRANTS AND SCHOLARSHIPS FROM ENDOWED AND NON-ENDOWED FUNDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COMMUNITY FOUNDATION OF SOUTHERN WISCONSIN CURRENTLY HAS 860 COMPONENT FUNDS SUPPORTING A VARIETY OF CHARITABLE INTERESTS INCLUDING THE ARTS, EDUCATION, THE ENVIRONMENT, HEALTH AND HUMAN SERVICES, AND HISTORIC PRESERVATION. DURING THE YEAR THE COMMUNITY FOUNDATION OF SOUTHERN WISCONSIN PROVIDED GRANTS TO MORE THAN 295 NONPROFIT ORGANIZATIONS TO SUPPORT THEIR CHARITABLE ACTIVITIES.
THE COMMUNITY FOUNDATION OF SOUTHERN WISCONSIN ADMINISTERS A VARIETY OF SCHOLARSHIP FUNDS THAT WERE ESTABLISHED BY INDIVIDUALS, CIVIC ORGANIZATIONS, AND BUSINESSES THROUGHOUT OUR SERVICE AREA. EACH SCHOLARSHIP IS UNIQUE AND SUPPORTS STUDENTS WITH A VARIETY OF BACKGROUNDS, AGES, EDUCATIONAL GOALS, AND ECONOMIC LEVELS. DURING THE YEAR THE COMMUNITY FOUNDATION OF SOUTHERN WISCONSIN PROVIDED SCHOLARSHIPS TO 390 STUDENTS FOR POST-SECONDARY EDUCATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Middleton Chair | OfficerTrustee | 2 | $0 |
Todd Schluesche Vice Chair | OfficerTrustee | 2 | $0 |
Paul Mair Treasurer | OfficerTrustee | 2 | $0 |
Ginny Bean Secretary | OfficerTrustee | 2 | $0 |
Erin Ogden Immediate Past Chair | OfficerTrustee | 2 | $0 |
Elle Swart Member At Large | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $59,590 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,292,087 |
| Noncash contributions included in lines 1a–1f | $447,949 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $6,351,677 |
| Total Program Service Revenue | $911,009 |
| Investment income | $1,728,202 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$223,031 |
| Net Income from Fundraising Events | $37,370 |
| Net Income from Gaming Activities | $11,130 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,816,357 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,408,142 |
| Grants and other assistance to domestic individuals. | $1,013,511 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $138,033 |
| Compensation of current officers, directors, key employees. | $74,968 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $379,104 |
| Pension plan accruals and contributions | $15,469 |
| Other employee benefits | $24,111 |
| Payroll taxes | $38,337 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25 |
| Fees for services: Accounting | $27,703 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $256,964 |
| Fees for services: Other | $6,214 |
| Advertising and promotion | $8,452 |
| Office expenses | $43,169 |
| Information technology | $67,264 |
| Royalties | $0 |
| Occupancy | $37,007 |
| Travel | $16,716 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $17,806 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,610 |
| Insurance | $4,061 |
| All other expenses | $2,300 |
| Total functional expenses | $5,442,482 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $502,813 |
| Savings and temporary cash investments | $6,735 |
| Pledges and grants receivable | $615,221 |
| Accounts receivable, net | $11 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $3,086 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $80,626,510 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,574 |
| Total assets | $81,784,950 |
| Accounts payable and accrued expenses | $53,412 |
| Grants payable | $2,495,322 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,877,745 |
| Total liabilities | $6,426,479 |
| Net assets without donor restrictions | $74,581,370 |
| Net assets with donor restrictions | $777,101 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $81,784,950 |
Grants Awarded
Over the last fiscal year, Community Foundation Of Southern Wisconsin Inc has awarded $2,059,515 in support to 81 organizations.
| Grant Recipient | Amount |
|---|---|
AGRACE HOSPICE & PALLIATIVE CARE PURPOSE: INPATIENT UNIT AND GENERAL SUPPORT | $16,419 |
ARGYLE SCHOOL DISTRICT PURPOSE: DOCUMENT CAMERA, PORTABLE PA SYSTEM, CHROMEBOOKS AND CART, IRTUAL LEARNING HEADSETS | $11,819 |
BEHRING SENIOR CENTER OF MONROE PURPOSE: GENERAL SUPPORT | $6,282 |
BENTON SCHOOL DISTRICT PURPOSE: COMMUNITY DEVELOPMENT | $5,613 |
BIG BROTHERS BIG SISTERS OF GREEN COUNTY PURPOSE: EDUCATIONAL | $6,600 |
BLACK HAWK SCHOOL DISTRICT PURPOSE: PHILANTHROPY | $8,668 |