Fort Atkinson Community Foundation
- Assets
- $39.7m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 2
- Location
- Fort Atkinson, WI
- Founding
- 02/1974
- Data as of
- 06/2024
- EIN
- 39-6220899
Organization Overview
Fort Atkinson Community Foundation is located in Fort Atkinson, WI. The organization was established in 1974. According to its NTEE Classification (T31) the organization is classified as: Community Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 06/2024, Fort Atkinson Community Foundation employed 2 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fort Atkinson Community 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 06/2024, Fort Atkinson Community Foundation generated $2.1m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $1.1m during the year ending 06/2024. While expenses have increased by 6.3% per year over the past 8 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.
Since 2016, Fort Atkinson Community Foundation has awarded 48 individual grants totaling $2,809,184. 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
2024
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE FOR THE CHARITABLE NEEDS OF THE FORT ATKINSON METROPOLITAN AREA
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION RECEIVES NUMEROUS GRANT REQUESTS FOR ASSISTANCE TO PROVIDE FUNDS FOR PROJECTS BENEFITTING THE COMMUNITY OF FORT ATKINSON. GRANTS ARE PRIMARILY GIVEN FOR CAPITAL IMPROVEMENTS AND EQUIPMENT, BUT NOT OPERATING EXPENSES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sally Koehler Chairman | OfficerTrustee | 0 | $0 |
Lisa Caras Vice Chairman | OfficerTrustee | 0 | $0 |
James Schulenburg Treasurer | OfficerTrustee | 0 | $0 |
Bonnie Geyer Secretary | OfficerTrustee | 0 | $0 |
Robert Cassidey Director | Trustee | 0 | $0 |
Name Not Listed Trustee | 1 | $25,886 |
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 | $1,253,377 |
| Noncash contributions included in lines 1a–1f | $10,028 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,253,377 |
| Total Program Service Revenue | $0 |
| Investment income | $847,515 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,100,892 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $411,296 |
| Grants and other assistance to domestic individuals. | $373,850 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $78,750 |
| Compensation of current officers, directors, key employees. | $78,750 |
| Compensation to disqualified persons | $25,369 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $3,124 |
| Payroll taxes | $7,965 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,606 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $484 |
| Office expenses | $3,557 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $3,000 |
| 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 | $2,195 |
| All other expenses | $2,214 |
| Total functional expenses | $1,143,331 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,140,161 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $30,000 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $36,519,291 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,000 |
| Total assets | $39,692,452 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $1,057,182 |
| 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 | $3,000 |
| Total liabilities | $1,060,182 |
| Net assets without donor restrictions | $5,747,637 |
| Net assets with donor restrictions | $32,884,633 |
| 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 | $39,692,452 |
Grants Awarded
Over the last fiscal year, Fort Atkinson Community Foundation has awarded $411,296 in support to 9 organizations.
| Grant Recipient | Amount |
|---|---|
CITY OF FORT ATKINSON PURPOSE: VARIOUS CITY IMPROVEMENT PROJECTS | $42,726 |
FEED YOUR SOUL PURPOSE: VARIOUS PROGRAMS | $75,000 |
ROCK RIVER HERITAGE PURPOSE: VARIOUS PROGRAMS | $14,400 |
ROCK RIVER COMMUNITY CLINIC PURPOSE: VARIOUS PROGRAMS | $35,529 |
SCHOOL DISTRICT OF FORT ATKINSON PURPOSE: VARIOUS HIGH SCHOOL PROJECTS | $21,502 |
HABITAT FOR HUMANITY OF WAUKESHA COUNTY PURPOSE: VARIOUS PROGRAMS | $132,000 |