Uw-Whitewater Foundation Inc
- Assets
- $35.0m
- Revenue
- $3.3m
- Investments
- $0.0
- Employees
- 0
- Location
- Whitewater, WI
- Founding
- 12/1964
- Data as of
- 06/2020
- EIN
- 39-6081189
Organization Overview
Uw-Whitewater Foundation Inc is located in Whitewater, WI. The organization was established in 1964. 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-Whitewater 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 06/2020, Uw-Whitewater Foundation Inc generated $3.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (13.4%) each year. All expenses for the organization totaled $3.2m during the year ending 06/2020. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Uw-Whitewater Foundation Inc has awarded 14 individual grants totaling $1,935,764. 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
INSPIRING PHILANTHROPIC SUPPORT FOR THE UNIVERSITY OF WISCONSIN-WHITEWATER
Describe the Organization's Program Activity:
Part 3 - Line 4a
SCHOLARSHIPS: THROUGH ENDOWMENTS AND ANNUAL SUPPORT FUNDS, THE FOUNDATION SUPPORTS OVER 400 SCHOLARSHIPS EACH YEAR TO STUDENTS
STUDENT AND FACULTY DEVELOPMENT - THROUGH ENDOWMENTS AND ANNUAL SUPPORT FUNDS, THE FOUNDATION SUPPORTS THE RESEARCH, TEACHING AND SERVICE ACTIVITIES AND DEPARTMENT INITIATIVES OF THE UW-WHITEWATER FACULTY AND OFFERS VARIOUS AWARDS TO STUDENTS.
ATHLETIC - UW-WHITEWATER ENCOURAGES STUDENT-ATHLETES ON THE PLAYING FIELD AND IN THE CLASSROOM. STUDENTS PARTICIPATE IN 20 VARSITY SPORTS AND DONORS HAVE THE OPPORTUNITY TO FINANCIALLY SUPPORT ATHLETIC PROGRAMS THROUGH DONATIONS TO THE FOUNDATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Debra Petrasek CFO | Officer | 30 | $74,134 |
Greg Rutzen President | Officer | 10 | $34,337 |
Laureen Miller COO | Officer | 20 | $30,728 |
Raymond Anilionis Chair | OfficerTrustee | 1 | $0 |
Timothy Hyland Vice Chair | OfficerTrustee | 1 | $0 |
Joseph Frohna Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ruffalo Noel Levitz Professional Fundraising | 6/29/18 | $146,043 |
A'viands Food Management Service | 6/29/18 | $104,104 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,274,813 |
| Investment income | $690,083 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $192,701 |
| Net Income from Fundraising Events | -$1,937 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,260,562 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic individuals. | $1,275,527 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $177,646 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $165,151 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $93,880 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $766 |
| Fees for services: Accounting | $30,847 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $86,728 |
| Fees for services: Other | $0 |
| Advertising and promotion | $384 |
| Office expenses | $21,002 |
| Information technology | $69,355 |
| Royalties | $0 |
| Occupancy | $6,400 |
| Travel | $12,697 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,102 |
| Interest | $17,413 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $8,999 |
| All other expenses | $0 |
| Total functional expenses | $3,165,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $574,910 |
| Savings and temporary cash investments | $14,048 |
| Pledges and grants receivable | $4,325,021 |
| Accounts receivable, net | $0 |
| 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 | $34,927 |
| Investments—publicly traded securities | $28,355,223 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,106,312 |
| Total assets | $35,034,932 |
| Accounts payable and accrued expenses | $89,010 |
| Grants payable | $54,089 |
| 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 | $143,099 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total liabilities and net assets/fund balances | $34,891,833 |
Grants Awarded
Over the last fiscal year, Uw-Whitewater Foundation Inc has awarded $1,021,392 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
UW-WHITEWATER UNIVERSITY PURPOSE: GENERAL SUPPORT AND FUNDRAISING EVENTS. | $769,786 |
UW-WHITEWATER UNIVERSITY PURPOSE: GENERAL SUPPORT | $251,606 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Uw-Whitewater Foundation Inc has recieved totaling $24,050.
| Awarding Organization | Amount |
|---|---|
Dale And Annette Schuh Family Foundation Inc Egg Harbor, WI PURPOSE: TO SUPPORT EDUCATIONAL INSTITUTIONS | $24,000 |
Gannett Foundations Inc Mclean, VA PURPOSE: CHARITABLE PURPOSE | $50 |
Endowment Analysis
| Beg. Balance | $26,266,447 |
| Earnings | $9,401,731 |
| Net Contributions | $1,895,147 |
| Other Expense | $1,180,565 |
| Ending Balance | $36,382,760 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Michigan State University Foundation East Lansing, MI | $535,425,307 | $55,850,938 |
University Of Northern Iowa Foundation Cedar Falls, IA | $173,378,893 | $31,725,389 |
Illinois State University Foundation Normal, IL | $269,993,016 | $34,747,700 |
National Assistance Foundation Des Moines, IA | $16,519,301 | $16,875,706 |
Southern Illinois University Foundation Carbondale, IL | $260,208,288 | $31,565,742 |
University Research Park Inc Madison, WI | $162,117,796 | $19,527,506 |
Eastern Michigan University Foundation Ypsilanti, MI | $82,145,619 | $14,420,618 |
Michigan Tech Fund Houghton, MI | $217,061,508 | $42,674,434 |
Northern Illinois University Foundation Dekalb, IL | $169,106,712 | $31,131,654 |
Grand Rapids Community College Foundation Grand Rapids, MI | $37,079,013 | $9,829,978 |
Christian Schools International Insurance Plan And Trust Fund Grandville, MI | $5,188,497 | $9,699,281 |
Saginaw Valley State University Foundation University Center, MI | $94,804,323 | $8,609,845 |