Uw-Platteville Foundation Inc
- Assets
- $56.1m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 0
- Location
- Platteville, WI
- Founding
- 11/1951
- Data as of
- 06/2023
- EIN
- 39-6051705
Organization Overview
Uw-Platteville Foundation Inc is located in Platteville, WI. The organization was established in 1951. According to its NTEE Classification (B11) the organization is classified as: Single Organization Support, under the broad grouping of Education and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Uw-Platteville 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 06/2023, Uw-Platteville Foundation Inc generated $9.2m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 12.1% each year . All expenses for the organization totaled $5.3m during the year ending 06/2023. While expenses have increased by 13.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE UW - PLATTEVILLE FOUNDATION, INC. EXISTS EXCLUSIVELY FOR THE BENEFIT OF THE UNIVERSITY OF WISCONSIN - PLATTEVILLE. ITS SPECIFIC ROLE IS TO PROVIDE SUPPLEMENTAL FUNDS TO AID UW-PLATTEVILLE IN FULFILLING ITS MISSION SUCCESSFULLY. THE FOUNDATION IS INVOLVED IN FUNDRAISING, FUND MANAGEMENT, AND FUND DISBURSEMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ENDOWMENT FUND - GRANT SCHOLARSHIPS AND PROVIDE OTHER SERVICES TO THE UNIVERSITY OF WISCONSIN - PLATTEVILLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Joseph Denk Foundation Chair | OfficerTrustee | 2 | $0 |
Kristen Cadman Vice Chair And Appropriation Committee Chair | OfficerTrustee | 2 | $0 |
Margaret Keehn Foundation Treasurer | OfficerTrustee | 2 | $0 |
Ann Moyer Foundation Board Secretary | OfficerTrustee | 2 | $0 |
Ronald Meissen Development Committee Chair | Trustee | 2 | $0 |
Tori Erickson Membership And Orientation Committee Chair | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blackbaud Software Services & Cloud Hosting | 6/29/23 | $139,910 |
Fiducient Advisors Llc Investment Management Fees | 6/29/23 | $116,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $55,876 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,953,689 |
| Noncash contributions included in lines 1a–1f | $728,954 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,009,565 |
| Total Program Service Revenue | $0 |
| Investment income | $1,227,221 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $24 |
| Net Income from Fundraising Events | -$5,658 |
| Net Income from Gaming Activities | $4,970 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,230,219 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $2,776,576 |
| Grants and other assistance to domestic individuals. | $1,646,380 |
| 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 | $70,977 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,485 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $116,923 |
| Fees for services: Other | $12,008 |
| Advertising and promotion | $462 |
| Office expenses | $165,382 |
| Information technology | $114,063 |
| Royalties | $0 |
| Occupancy | $35,125 |
| Travel | $35,244 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,662 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $3,810 |
| All other expenses | $204,102 |
| Total functional expenses | $5,344,262 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,612,361 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $6,324,043 |
| Accounts receivable, net | $4,279 |
| 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 | $99,230 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $45,600,477 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,461,634 |
| Total assets | $56,102,024 |
| Accounts payable and accrued expenses | $326,311 |
| Grants payable | $0 |
| 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 | $326,311 |
| Net assets without donor restrictions | -$25,618 |
| Net assets with donor restrictions | $55,801,331 |
| 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 | $56,102,024 |
Grants Awarded
Over the last fiscal year, Uw-Platteville Foundation Inc has awarded $24,414 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UW-PLATTEVILLE PURPOSE: UNIVERSITY PROGRAMS | $23,314 |
UW-PLATTEVILLE PURPOSE: FINE ARTS GRANT | $1,100 |