Wisconsin Masonic Foundation
- Assets
- $27.0m
- Revenue
- $451.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Dousman, WI
- Founding
- 01/1962
- Data as of
- 04/2023
- EIN
- 39-6044637
Organization Overview
Wisconsin Masonic Foundation is located in Dousman, WI. The organization was established in 1962. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Wisconsin Masonic Foundation 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 04/2023, Wisconsin Masonic Foundation generated $451.6k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (5.8%) each year. All expenses for the organization totaled $1.4m during the year ending 04/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Wisconsin Masonic Foundation has awarded 39 individual grants totaling $6,065,225. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE SCHOLARSHIPS TO COLLEGE BOUND HIGH SCHOOL STUDENTS THROUGHOUT WISCONSIN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS TO SCHOOLS
CONTRIBUTIONS TO WISCONSIN MASONIC HOME AND OTHER PHILANTHROPIC ORGANIZATIONS
YOUTH SOCCER PROGRAM
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Tourville President/board Member | OfficerTrustee | 1 | $0 |
Lawrence Nines Vice President | OfficerTrustee | 1 | $0 |
Bradley Bingheim Secretary | OfficerTrustee | 1 | $0 |
Paul Wharton Treasurer | OfficerTrustee | 1 | $0 |
Don Miller Jr Board Member | Trustee | 1 | $0 |
Albert Huelsman Board Member | Trustee | 1 | $0 |
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 | $502,389 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $502,389 |
| Total Program Service Revenue | $1,702 |
| Investment income | $882,174 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$934,652 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $451,613 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,217,688 |
| Grants and other assistance to domestic individuals. | $103,827 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| 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 | $16,284 |
| Pension plan accruals and contributions | $846 |
| Other employee benefits | $648 |
| Payroll taxes | $1,236 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $29,082 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $4,211 |
| Advertising and promotion | $0 |
| Office expenses | $3,194 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,110 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $4,003 |
| All other expenses | $0 |
| Total functional expenses | $1,404,809 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $152,069 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $289,924 |
| Accounts receivable, net | $100 |
| 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 | $9,990 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $26,507,964 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $26,960,047 |
| Accounts payable and accrued expenses | $89,387 |
| Grants payable | $307,895 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $397,282 |
| Net assets without donor restrictions | $3,900,938 |
| Net assets with donor restrictions | $22,661,827 |
| 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 | $26,960,047 |
Grants Awarded
Over the last fiscal year, Wisconsin Masonic Foundation has awarded $804,083 in support to 7 organizations.
| Grant Recipient | Amount |
|---|---|
WISCONSIN MASONIC HOME INC PURPOSE: CARE OF THE ELDERLY | $712,437 |
BEAVER DAM SCHOOL DISTRICT PURPOSE: COLLEGE SCHOLARSHIPS | $56,000 |
CHILDREN'S DYSLEXIA CENTER UPPER WI PURPOSE: DYSLEXIA PROGRAMS | $6,219 |
CHILDREN'S DYSLEXIA CENTER MILW PURPOSE: DYSLEXIA PROGRAMS | $10,317 |
CHILDREN'S DYSLEXIA CENTER MADISON PURPOSE: DYSLEXIA PROGRAMS | $5,919 |
WISCONSIN AUTOMOBILE & TRUCK DEALERS ASSOCIATION PURPOSE: PROGRAM SUPPORT | $7,653 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Educational Credential Evaluators Inc Milwaukee, WI | $5,248,111 | $10,149,757 |
Central Minnesota Educational Research & Development Council St Cloud, MN | $2,926,614 | $8,207,001 |
Highscope Educational Research Foundation Ypsilanti, MI | $6,811,282 | $7,204,318 |
Scholarleaders International Deerfield, IL | $2,762,095 | $1,942,866 |
Wisconsin Masonic Foundation Dousman, WI | $26,960,047 | $451,613 |
Middle Cities Education Association Lansing, MI | $1,381,557 | $912,558 |
The Wisconsin Union Association Inc Madison, WI | $191,947 | $248,951 |
Waterford Foundation For Public Education Waterford, MI | $2,049,583 | $122,075 |
South Christian High School Foundation Byron Center, MI | $3,175,875 | $280,115 |
North Scott Educational Foundation Eldridge, IA | $1,925,502 | -$100,057 |
Polish National Alliance School Corp Chicago, IL | $1,091,113 | $51,346 |
Association For Supervision And Curriculum Development Mason, MI | $50,608 | $0 |