Modine Manufacturing Company Foundation Inc
- Assets
- $430.0k
- Revenue
- $300.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Racine, WI
- Founding
- 08/1995
- Data as of
- 03/2024
- EIN
- 39-1818362
Organization Overview
Modine Manufacturing Company Foundation Inc is located in Racine, WI. The organization was established in 1995. 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 the central organization for a national or regional group of organizations. Modine Manufacturing Company 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 03/2024, Modine Manufacturing Company Foundation Inc generated $300.0k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 10.7% each year . All expenses for the organization totaled $82.2k during the year ending 03/2024. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Modine Manufacturing Company Foundation Inc has awarded 63 individual grants totaling $796,166. 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
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIRECT CHARITABLE CONTRIBUTIONS GIVEN TO SUPPORT THE EXEMPT MISSIONS OF VARIOUS CHARITABLE ORGANIZATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian J Agen President | 2 | $0 | |
Patrica S Montemurro Treasurer | 2 | $0 | |
Neil D Brinker Director | 2 | $0 | |
Michael B Lucareli Director | 2 | $0 | |
Brian J Agen Director | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $300,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $300,000 |
| 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 | $0 |
| Total operating and administrative expenses | $0 |
| Contributions, gifts, grants paid | $82,177 |
| Total expenses and disbursements | $82,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $429,965 |
| Savings and temporary cash investments | $0 |
| 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 | $429,965 |
| 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, Modine Manufacturing Company Foundation Inc has awarded $82,177 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
SOUTHEASTERN LAKE SCHOLASTIC MOUNTI PURPOSE: CONTRIBUTION | $200 |
NATL INTERSCHOLASTIC CYCLING ASSOC PURPOSE: CONTRIBUTION | $200 |
UNITED WAY OF CENTRAL MISSOURI INC PURPOSE: CONTRIBUTION | $28,240 |
UNITED WAY OF SW MO AND SE KS PURPOSE: CONTRIBUTION | $40,471 |
GIRL SCOUTS OF WISCONSIN SOUTHEAST PURPOSE: CONTRIBUTION | $200 |
BIKERS AGAINST CHILD ABUSE PURPOSE: CONTRIBUTION | $200 |