Ralph Evinrude Foundation Inc
- Assets
- $15.4m
- Revenue
- $1.3m
- Investments
- $14.1m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 08/1961
- Data as of
- 07/2022
- EIN
- 39-6040256
Organization Overview
Ralph Evinrude Foundation Inc is located in Milwaukee, WI. The organization was established in 1961. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Ralph Evinrude 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 07/2022, Ralph Evinrude Foundation Inc generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $1.2m during the year ending 07/2022. While expenses have increased by 1.3% per year over the past 6 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 2015, Ralph Evinrude Foundation Inc has awarded 787 individual grants totaling $9,703,000. 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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Paul J Tilleman Pres/dir | 10 | $50,000 | |
John W Daniels Jr Vp/secr/dir | 3 | $16,000 | |
Ann M Murphy Treas/dir | 3 | $16,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $1,548 |
| Dividends & Interest | $363,160 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $924,163 |
| Capital Gain Net Income | $924,163 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $4,811 |
| Total Revenue | $1,293,682 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $82,000 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $35,566 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $1,279 |
| Printing and publications | $0 |
| Other expenses | $602 |
| Total operating and administrative expenses | $231,190 |
| Contributions, gifts, grants paid | $1,006,000 |
| Total expenses and disbursements | $1,237,190 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,008 |
| Savings and temporary cash investments | $1,209,231 |
| 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 | $88,797 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $15,365,522 |
| 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, Ralph Evinrude Foundation Inc has awarded $1,101,000 in support to 94 organizations.
| Grant Recipient | Amount |
|---|---|
VIVENT HEALTH INC PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |
ALVERNO COLLEGE PURPOSE: THEA BOWMAN INSTITUTE FOR EXCELLENCE AND LEADERSHIP | $10,000 |
ARTS AT LARGE INC PURPOSE: GENERAL PROGRAM SUPPORT | $10,000 |
ASSET BUILDERS OF AMERICA INC PURPOSE: GENERAL OPERATING SUPPORT | $15,000 |
BENEDICT CENTER INC PURPOSE: GENERAL PROGRAM SUPPORT | $5,000 |
BIG BROTHERS BIG SISTERS OF METRO M PURPOSE: GENERAL OPERATING SUPPORT | $5,000 |