Raymond And Marie Goldbach Foundation Inc
- Assets
- $27.0m
- Revenue
- $2.8m
- Investments
- $26.3m
- Employees
- 0
- Location
- Marathon, WI
- Founding
- 10/1997
- Data as of
- 12/2021
- EIN
- 39-1877824
Organization Overview
Raymond And Marie Goldbach Foundation Inc is located in Marathon, WI. The organization was established in 1997. According to its NTEE Classification (T12) the organization is classified as: Fund Raising & Fund Distribution, 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. Raymond And Marie Goldbach 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, Raymond And Marie Goldbach Foundation Inc generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.3% each year . All expenses for the organization totaled $1.7m during the year ending 12/2021. While expenses have increased by 2.7% 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Skoug Pres/treasurer | 0.5 | $0 | |
Reverend Joseph G Diermeier Director | 0 | $0 | |
J Gardner Govan Vp/secretary | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $44 |
| Dividends & Interest | $678,282 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,825,292 |
| Capital Gain Net Income | $1,825,292 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,753,618 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $5,000 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $157 |
| Total operating and administrative expenses | $115,059 |
| Contributions, gifts, grants paid | $1,596,750 |
| Total expenses and disbursements | $1,711,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $180,393 |
| Savings and temporary cash investments | $482,929 |
| 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 | $26,345,510 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $27,008,832 |
| 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 |
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Pious Projects Of America Bridgeview, IL | $2,395,968 | $8,177,090 |
The Edward Lowe Foundation Cassopolis, MI | $139,490,354 | $14,349,160 |
Worth County Development Authority Northwood, IA | $8,240,749 | $6,157,684 |
Constellation Fund Minneapolis, MN | $8,581,079 | $5,161,859 |
Wayfarer Foundation Highland Park, IL | $333,654 | $4,731,977 |
Washington County Riverboat Foundation Washington, IA | $2,209,057 | $4,844,569 |
Catholic United Financial Foundation St Paul, MN | $37,486,034 | $6,021,022 |
Fond Du Lac Area Foundation Fond Du Lac, WI | $72,661,560 | $12,050,578 |
Karam Foundation Nfp Lake Forest, IL | $4,231,584 | $2,840,038 |