Funeral Service Foundation Inc
- Assets
- $12.2m
- Revenue
- $2.2m
- Investments
- $387.9k
- Employees
- 0
- Location
- Brookfield, WI
- Founding
- 10/1994
- Data as of
- 12/2021
- EIN
- 39-1831612
Organization Overview
Funeral Service Foundation Inc is located in Brookfield, WI. The organization was established in 1994. According to its NTEE Classification (Y50) the organization is classified as: Cemeteries, under the broad grouping of Mutual & Membership Benefit and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Funeral Service 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, Funeral Service Foundation Inc generated $2.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.5% each year. All expenses for the organization totaled $1.3m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 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 2014, Funeral Service Foundation Inc has awarded 55 individual grants totaling $3,131,694. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
INVESTING IN PEOPLE AND PROGRAMS TO STRENGTHEN FUNERAL SERVICE AND LIFT UP GRIEVING COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FUNERAL SERVICE FOUNDATION ACCEPTS GRANT PROPOSALS FOR PROGRAMS AND PROJECTS THAT FALL WITHIN ITS FUNDING AREAS OF CAREER AND PROFESSIONAL DEVELOPMENT, SUPPORT OF FUNERAL SERVICE AND ALLIED PROFESSIONS, PUBLIC AWARENESS AND EDUCATION OF FUNERAL SERVICE AND END OF LIFE ISSUES, SUPPORT OF GRIEVING CHILDREN AND THEIR FAMILIES, AND DISASTER RELIEF. DURING 2021, THE FUNERAL SERVICE FOUNDATION AWARDED APPROX. $368,578 IN GRANTS TO VARIOUS ORGANIZATIONS.
THE FUNERAL SERVICE FOUNDATION'S SCHOLARSHIP PROGRAMS PROVIDE SCHOLARSHIPS TO MORTUARY SCIENCE SCHOOL STUDENTS AND FUNERAL SERVICE PROFESSIONALS. IN 2021, THE FUNERAL SERVICE FOUNDATION AWARDED $208,656 IN SCHOLARSHIPS TO 375 INDIVIDUALS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Allan Cole Chair | OfficerTrustee | 1 | $0 |
Lisa Baue Chair-Elect | OfficerTrustee | 1 | $0 |
Eric Tanzberger Secretary-Treasurer | OfficerTrustee | 1 | $0 |
Anthony Guerra Immediate Past Chair | OfficerTrustee | 1 | $0 |
Lee Wiensch Executive Director | Officer | 40 | $0 |
David Falconer Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $126,464 |
| Related organizations | $2,925 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $912,050 |
| Noncash contributions included in lines 1a–1f | $736 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,041,439 |
| Total Program Service Revenue | $0 |
| Investment income | $170,661 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $908,678 |
| Net Income from Fundraising Events | $29,999 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,150,777 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $309,020 |
| Grants and other assistance to domestic individuals. | $208,656 |
| Grants and other assistance to Foreign Orgs/Individuals | $59,558 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $426,526 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $58,555 |
| Fees for services: Other | $35,161 |
| Advertising and promotion | $62,199 |
| Office expenses | $35,501 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $31,322 |
| Travel | $4,620 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $44,846 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,123 |
| Insurance | $8,208 |
| All other expenses | $41,078 |
| Total functional expenses | $1,330,373 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $66,626 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $529,114 |
| Accounts receivable, net | $3,750 |
| 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 | $18,050 |
| Net Land, buildings, and equipment | $3,202 |
| Investments—publicly traded securities | $11,185,665 |
| Investments—other securities | $387,920 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $12,194,327 |
| Accounts payable and accrued expenses | $202,634 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $270,085 |
| 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 | $0 |
| Total liabilities | $472,719 |
| Net assets without donor restrictions | $1,620,804 |
| Net assets with donor restrictions | $10,100,804 |
| 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 | $12,194,327 |
Grants Awarded
Over the last fiscal year, Funeral Service Foundation Inc has awarded $268,923 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Wixom, MI PURPOSE: GRANT AND NFDA CONVENTION EXPENSES | $76,449 |
STIR ADVERTISING & INTEGRATED MESSAGING PURPOSE: PROJECT/GRANT RELATED EXPENSES | $70,423 |
Brookfield, WI PURPOSE: GENERAL SUPPORT | $33,000 |
St Charles, MO PURPOSE: GENERAL SUPPORT | $31,596 |
St Louis Park, MN PURPOSE: SCHOOL BASED GRIEF SUPPORT | $22,855 |
Fayetteville, AR PURPOSE: GRANTS FOR EXAM BOARD | $17,100 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Funeral Service Foundation Inc has recieved totaling $1,000.
| Awarding Organization | Amount |
|---|---|
Hardy Foundation Inc Cincinnati, OH PURPOSE: VARIOUS | $1,000 |
Endowment Analysis
| Beg. Balance | $7,859,739 |
| Earnings | $860,338 |
| Net Contributions | $2,719 |
| Other Expense | $297,726 |
| Ending Balance | $8,425,070 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakewood Cemetery Association Minneapolis, MN | $346,558,483 | $27,300,829 |
Elmwood Cemetery Association Detroit, MI | $22,526,904 | $6,677,870 |
Cedar Memorial Park Cemetery Association Inc Cedar Rapids, IA | $89,787,901 | $4,372,618 |
Selected Independent Funeral Homes Lincolnshire, IL | $2,040,365 | $2,457,677 |
Trustees Of The Graceland Cemetery Improvement Fund Chicago, IL | $74,360,927 | $6,555,672 |
Forest Home Cemetery Inc Milwaukee, WI | $9,127,975 | $2,672,979 |
Bohemian National Cemetery Association Chicago, IL | $3,060,921 | $885,707 |
Funeral Service Foundation Inc Brookfield, WI | $12,194,327 | $2,150,777 |
Cremation Association Of North America Wheeling, IL | $1,894,259 | $1,623,825 |
Roselawn Cemetery Association Saint Paul, MN | $18,747,917 | $4,004,497 |
Forest Lawn Memorial Park Association Saint Paul, MN | $5,958,063 | $2,015,919 |
Sunset Hills Association Flint, MI | $63,807,434 | $2,418,030 |