Bradley Family Foundation Inc
- Assets
- $34.0m
- Revenue
- $1.2m
- Investments
- $21.4m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 12/1967
- Data as of
- 12/2021
- EIN
- 39-6105450
Organization Overview
Bradley Family Foundation Inc is located in Milwaukee, WI. The organization was established in 1967. According to its NTEE Classification (E11) the organization is classified as: Single Organization Support, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bradley Family 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, Bradley Family Foundation Inc generated $1.2m 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 (12.8%) each year. All expenses for the organization totaled $1.7m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE BRADLEY FAMILY FOUNDATION, INC. MAINTAINS THE FACILITIES OF THE LYNDEN SCULPTURE GARDEN INCLUDING THE GARDEN, SCULPTURES, MAIN BUILDING, THE RESIDENCY STUDIO, THE BONSAI HOUSE AND AN APARTMENT FOR ARTIST HOUSING. THE FACILITIES ARE USED IN PROGRAMMING PROVIDED BY LYNDEN, INC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sergio Salinas Facilities Mgr | 40 | $80,581 | |
Patrick Kernan Facilities Mgr | 40 | $61,050 | |
David V Uihlein Jr Vice President | 5 | $0 | |
Margaret T Lund Sec/treas | 5 | $0 | |
Sarah O Zimmerman President | 5 | $0 | |
Lajwanti Waghray Director | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $248,210 |
| Interest on Savings | $9 |
| Dividends & Interest | $379,721 |
| Net Rental Income | $4,200 |
| Net Gain on Sale of Assets | $572,086 |
| Capital Gain Net Income | $572,086 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,880 |
| Total Revenue | $1,207,106 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $404,207 |
| Pension plans, employee benefits | $154,870 |
| Interest | $0 |
| Taxes | $17,225 |
| Depreciation | $127,225 |
| Occupancy | $139,313 |
| Travel, conferences, and meetings | $8,601 |
| Printing and publications | $0 |
| Other expenses | $146,213 |
| Total operating and administrative expenses | $1,105,666 |
| Contributions, gifts, grants paid | $564,015 |
| Total expenses and disbursements | $1,669,681 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $139,672 |
| Savings and temporary cash investments | $9,108,507 |
| Net Accounts receivable | $4,622 |
| Net Pledges Receivable | $20,000 |
| 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 | $27,026 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $3,352,183 |
| Other assets | $0 |
| Total assets | $34,011,780 |
| Accounts payable and accrued expenses | $313,674 |
| 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 | $313,674 |
Grants Awarded
Over the last fiscal year, Bradley Family Foundation Inc has awarded $564,015 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
LYNDEN INC PURPOSE: GRANTS WERE PROVIDED TO LYNDEN, INC., A NONPROFIT THAT FORMED IN 2019, TO SUPPORT LYNDEN, INC.'S INITIAL OPERATIONS. LYNDEN, INC. PROVIDES EDUCATIONAL PROGRAMMING SUCH AS EDUCATIONAL TOURS, WORKSHOPS, ART EXHIBITIONS, ARTISTS IN RESIDENCY PROGRAMS, PERFORMANCES AND OTHER EDUCATION PROGRAM RELATED TO THE LYNDEN SCULPTURE GARDEN AND ITS COLLECTIONS. IN ADDITION, LYNDEN, INC. ADMINISTERED THE GREATER MILWAUKEE FOUNDATION'S MARY H. NOHL FELLOWSHIP PROGRAM; DESIGNED AND IMPLEMENTED A SUITE OF TEACHER PROFESSIONAL DEVELOPMENT PROGRAMS TO RECRUIT AND RETAIN K-12 MPS TEACHERS WHO WANT TO TEACH THROUGH THE ARTS; AND DESIGNED AND IMPLEMENTED A MULTI-DISCIPLINARY SERVICES OF PERFORMANCES, EXHIBITIONS, RESIDENCIES, AND PUBLIC EVENTS FOCUSED ON THE RADICAL BLACK IMAGINATION. | $554,662 |
MARY NOHL FUND FELLOWSHIPS PURPOSE: THE BRADLEY FAMILY FOUNDATION, INC. PROVIDED FUNDS TO INDIVIDUALS TO SEND ARTISTS AND/OR THEIR WORK OUTSIDE THE FOUR-COUNTY AREA FOR EXHIBITIONS AND SCREENINGS. THE PROGRAM WAS ADMINISTERED BY LYNDEN, INC. | $9,353 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Bradley Family Foundation Inc has recieved totaling $25,000.
| Awarding Organization | Amount |
|---|---|
Richard And Ethel Herzfeld Foundation Inc Milwaukee, WI PURPOSE: CIVIC AND COMMUNITY - FREE ADMISSION TO LYNDEN 21-22 | $25,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Roofers Local 96 Health & Welfare Fund Bloomington, MN | $17,573,620 | $18,996,626 |
Vollrath Company Employee Health & Welfare Benefit Trust Sheboygan, WI | $1,493,056 | $18,329,364 |
Ohio Bricklayers Health And Welfare Fund Troy, MI | $39,451,516 | $19,388,993 |
Henry Ford Health System Foundation Detroit, MI | $411,181,841 | $16,717,457 |
Midmichigan Health Foundation Midland, MI | $38,469,192 | $3,599,995 |
Northern Minnesota-Wisconsin Area Retail Food Health & Welfare Fund Duluth, MN | $9,554,218 | $16,178,140 |
Childrens Hospital Of Michigan Foundation Detroit, MI | $153,035,262 | $18,796,884 |
Southern Illinois Laborers & Empl Health & Welfare Fund Marion, IL | $23,536,245 | $17,167,946 |
Reformed Benefits Association Grand Rapids, MI | $9,561,157 | $15,087,077 |
Bronson Properties Corporation Kalamazoo, MI | $80,947,112 | $15,014,502 |
Manatts Inc Group Health Plan & Tr Brooklyn, IA | $3,919,154 | $13,220,530 |
Kalamazoo Steamfitters & Pipefitter S Local 357 Health & Welfare Fund Bingham Farms, MI | $17,296,602 | $13,659,462 |