Rhoades Sanford Foundation Inc
- Assets
- $5.6m
- Revenue
- $595.9k
- Investments
- $5.6m
- Employees
- 0
- Location
- Waupaca, WI
- Founding
- 03/2000
- Data as of
- 12/2021
- EIN
- 39-1982685
Organization Overview
Rhoades Sanford Foundation Inc is located in Waupaca, WI. The organization was established in 2000. According to its NTEE Classification (A50) the organization is classified as: Museums, under the broad grouping of Arts, Culture & Humanities and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rhoades Sanford 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, Rhoades Sanford Foundation Inc generated $595.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $672.6k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Rhoades Sanford Foundation Inc has awarded 84 individual grants totaling $3,782,000. 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
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
DISTRIBUTE FUNDS TO OTHER LOCAL CHARITABLE/NON-PROFIT ORGANIZATIONS WITH LIKE MINDED MISSIONS.
DISTRIBUTE SCHOLARSHIPS TO HIGH SCHOOL AND COLLEGE STUDENTS PURSUING DEGREES RELATED TO MINISTERIAL, EDUCATIONAL OR SOCIAL STUDIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Phillip Abendschein Director | 1 | $0 | |
Gary E Janssen Director | 1 | $0 | |
Tom Remley Director | 1 | $0 | |
Ted Galloway Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $32,628 |
| Dividends & Interest | $132,752 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $430,561 |
| Capital Gain Net Income | $430,561 |
| Net ST Capital Gain | $33,647 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $595,941 |
| 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 | $38,806 |
| Total operating and administrative expenses | $44,621 |
| Contributions, gifts, grants paid | $628,000 |
| Total expenses and disbursements | $672,621 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $42,235 |
| Savings and temporary cash investments | $32,966 |
| 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 | $5,641,798 |
| 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 | $3,507 |
| Total liabilities | $3,507 |
Grants Awarded
Over the last fiscal year, Rhoades Sanford Foundation Inc has awarded $628,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
US VENTURES INC PURPOSE: GENERAL OPERATIONS | $200,000 |
THEDACARE FOUNDATION PURPOSE: GENERAL OPERATIONS | $150,000 |
COLLEGE READY PURPOSE: SCHOLARSHIPS FOR STUDENTS | $103,000 |
FOX VALLEY TECHNICAL COLLEGE PURPOSE: SCHOLARSHIPS FOR STUDENTS | $75,000 |
FUTURE NEENAH PURPOSE: GENERAL OPERATIONS | $45,000 |
NORTHEAST WISCONSIN TECHNICAL COLLE PURPOSE: SCHOLARSHIPS FOR STUDENT | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adler Planetarium Chicago, IL | $62,060,707 | $24,242,958 |
Milwaukee Public Museum Inc Milwaukee, WI | $17,354,362 | $14,883,405 |
Historic Arnolds Park Inc Arnolds Park, IA | $45,905,371 | $12,228,274 |
Grand Rapids Public Museum Grand Rapids, MI | $9,797,722 | $8,206,945 |
Kalamazoo Aviation History Museum Portage, MI | $17,581,493 | $5,451,685 |
Museum Of African American History Detroit, MI | $6,150,822 | $7,565,645 |
Margaret Woodbury Strong Museum Charitable Trust Chicago, IL | $73,980,694 | $7,829,381 |
Peoria Riverfront Museum Peoria, IL | $12,190,456 | $4,223,811 |
Dusable Museum Of African American History Inc Chicago, IL | $17,602,670 | $3,496,098 |
Yankee Air Force Incorporated Belleville, MI | $14,568,941 | -$1,519,297 |
The Richard H Driehaus Museum Chicago, IL | $116,468,245 | $74,810,944 |
Genevieve And Donald S Gilmore Foundation Hickory Corners, MI | $0 | $3,411,516 |