Greater Cedarburg Foundation Inc

Organization Overview

Greater Cedarburg Foundation Inc is located in Milwaukee, WI. The organization was established in 2001. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Greater Cedarburg 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, Greater Cedarburg Foundation Inc generated $1.1m 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 (4.5%) each year. All expenses for the organization totaled $328.6k during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Since 2020, Greater Cedarburg Foundation Inc has awarded 23 individual grants totaling $363,800. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

SEE SCHEDULE O

Describe the Organization's Program Activity:

Part 3 - Line 4a

SEE SCHEDULE OGREATER CEDARBURG FOUNDATION, INC. WAS FORMED TO OPERATE AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(3) OF THE INTERNAL REVENUE CODE TO SUPPORT GREATER MILWAUKEE FOUNDATION, INC. THE GREATER MILWAUKEE FOUNDATION IS A PUBLIC CHARITY DESCRIBED IN SECTIONS 509(A)(1) OF THE INTERNAL REVENUE CODE.AS SET FORTH IN THE GREATER CEDARBURG'S ARTICLES OF INCORPORATION, "THE CORPORATION IS ORGANIZED AND SHALL AT ALL TIMES HEREAFTER BE OPERATED, EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF THE GREATER MILWAUKEE FOUNDATION BY FACI LITATING GREATER MILWAUKEE FOUNDATION'S PROGRAMS WITHIN THE CEDARBURG AREA. SUCH PURPOSES MAY INCLUDE, BUT ARE NOT LIMITED TO, SOLICITING AND RECEIVING CONTRIBUTIONS AND BEQUESTS OF AN ENDOWMENT OR CAPITAL NATURE TO CARRY OUT GREATER MILWAUKEE FOUNDATION'S PROGRAMS BY SUPPORTING CHARITABLE ORGANIZATIONS AND PROGRAMS WITHIN THE CEDARBURG AREA. THE CORPORATION MAY ACCOMPLISH ITS PURPOSES DIRECTLY OR BY MAKING GRANTS OR OTHER PAYMENTS FOR CHARITABLE PURPOSES TO THIRD PARTIES."


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$460,829
Noncash contributions included in lines 1a–1f $311,431
Total Revenue from Contributions, Gifts, Grants & Similar$460,829
Total Program Service Revenue$0
Investment income $160,630
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $481,224
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,102,683

Grants Awarded

Over the last fiscal year, Greater Cedarburg Foundation Inc has awarded $174,108 in support to 8 organizations.

Grant RecipientAmount

OZAUKEE FAMILY SERVICES

Org PageRecipient Profile

Cedarburg, WI

PURPOSE: THE CAPITAL CAMPAIGN

$75,000

ADVENT LUTHERAN CHURCH

PURPOSE: SUSTAINING SUPPORT

$23,000

EMMANUEL LUTHERAN CHURCH

Org PageRecipient Profile

Naples, FL

PURPOSE: SUSTAINING SUPPORT

$22,500

PURDUE RESEARCH FOUNDATION

Org PageRecipient Profile

West Lafayette, IN

PURPOSE: CANCER RESEARCH

$18,000

HARVARD UNIVERSITY

Org PageRecipient Profile

Cambridge, MA

PURPOSE: SCHOLARSHIP

$14,000

CEDARBURG CULTURAL CENTER INC

Org PageRecipient Profile

Cedarburg, WI

PURPOSE: SUPPORT OF THE ANNUAL APPEAL

$11,500
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Greater Cedarburg Foundation Inc has recieved totaling $10,500.

Awarding OrganizationAmount
Fidelity Investments Charitable Gift Fund

Boston, MA

PURPOSE: For grant recipient's exempt purposes

$10,500
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$7,115,042
Earnings$1,207,958
Admin Expense$78,894
Net Contributions$395,299
Grants$218,358
Ending Balance$8,421,047

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