Alvin & Marion Birnschein Foundation
- Assets
- $4.3m
- Revenue
- $254.5k
- Investments
- $4.3m
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 02/1969
- Data as of
- 12/2022
- EIN
- 39-6126798
Organization Overview
Alvin & Marion Birnschein Foundation is located in Milwaukee, WI. The organization was established in 1969. 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. Alvin & Marion Birnschein 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 12/2022, Alvin & Marion Birnschein Foundation generated $254.5k 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 (4.6%) each year. All expenses for the organization totaled $265.8k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.8%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, Alvin & Marion Birnschein Foundation has awarded 148 individual grants totaling $1,748,812. 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 |
|---|---|---|---|
Ronald Jodat Director/pre | 0 | $0 | |
Frank W Bastian Director / T | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $141,421 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $112,988 |
| Capital Gain Net Income | $112,988 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $110 |
| Total Revenue | $254,519 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10,774 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $0 |
| Total operating and administrative expenses | $82,325 |
| Contributions, gifts, grants paid | $183,500 |
| Total expenses and disbursements | $265,825 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $82,937 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $4,338,664 |
| 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, Alvin & Marion Birnschein Foundation has awarded $183,500 in support to 15 organizations.
| Grant Recipient | Amount |
|---|---|
ACACIA THEATRE COMPANY PURPOSE: GENERAL | $5,000 |
AUDIO & BRAILLE LITERACY ENHANCEMEN PURPOSE: GENERAL | $7,500 |
BETTY BRINN CHILDREN'S MUSEUM PURPOSE: GENERAL | $20,000 |
CENTER FOR DEAF-BLIND PER PURPOSE: GENERAL | $6,000 |
HUNGER TASK FORCE PURPOSE: GENERAL | $10,000 |
INDEPENDENCE FIRST PURPOSE: GENERAL | $15,000 |