Dalum Family Foundation
- Assets
- $709.4k
- Revenue
- $487.2k
- Investments
- $300.7k
- Employees
- 0
- Location
- Hartland, WI
- Founding
- 12/1997
- Data as of
- 04/2024
- EIN
- 39-6658948
Organization Overview
Dalum Family Foundation is located in Hartland, WI. The organization was established in 1997. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Dalum Family 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 04/2024, Dalum Family Foundation generated $487.2k in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $132.6k during the year ending 04/2024. While expenses have increased by 3.6% per year over the past 9 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 2023, Dalum Family Foundation has awarded 107 individual grants totaling $196,000. 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2024
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE DALUM FAMILY FOUNDATION IS ORGANIZED AND OPERATED FOR THE SOLE PURPOSE OF MAKING CASH CONTRIBUTIONS TO QUALIFYING PUBLIC CHARITIES. THE FOUNDATION DOES NOT
ENGAGE IN ANY OTHER DIRECT CHARITABLE ACTIVITIES
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas E Dalum Trustee | 1 | $0 | |
Mary P Dalum Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $250,000 |
| Interest on Savings | $559 |
| Dividends & Interest | $30,036 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $206,644 |
| Capital Gain Net Income | $206,644 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $487,239 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $1,360 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,256 |
| Total operating and administrative expenses | $10,816 |
| Contributions, gifts, grants paid | $121,750 |
| Total expenses and disbursements | $132,566 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,280 |
| Savings and temporary cash investments | $400,442 |
| 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 | $709,385 |
| 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, Dalum Family Foundation has awarded $121,750 in support to 56 organizations.
| Grant Recipient | Amount |
|---|---|
NORTHWESTERN UNIVERSITY PURPOSE: GENERAL OPERATIONS | $1,000 |
UNIVERSITY OF NOTRE DAME ANNUAL FUND PURPOSE: GENERAL OPERATIONS | $1,000 |
UNIVERSITY NOTRE DAME-RECOGNITION SOCIETIES PURPOSE: GENERAL OPERATIONS | $1,500 |
HAWKS INN HISTORICAL SOCIETY INC PURPOSE: GENERAL OPERATIONS | $1,000 |
KELLOGG SCHOOL OF MANAGEMENT OFFICE OF ADVANCEMENT PURPOSE: GENERAL OPERATIONS | $1,000 |
LAKE COUNTRY CARING PURPOSE: GENERAL OPERATIONS | $2,500 |