Direct Supply Foundation Inc
- Assets
- $1.5m
- Revenue
- $262.0k
- Investments
- $0.0
- Employees
- 0
- Location
- Milwaukee, WI
- Founding
- 06/2012
- Data as of
- 12/2022
- EIN
- 45-4303631
Organization Overview
Direct Supply Foundation Inc is located in Milwaukee, WI. The organization was established in 2012. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Direct Supply 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 12/2022, Direct Supply Foundation Inc generated $262.0k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.9%) each year. All expenses for the organization totaled $247.2k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Direct Supply Foundation Inc has awarded 491 individual grants totaling $1,521,925. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert J Hillis Chairman & President | 0.25 | $0 | |
John Lewis Vice-Chairman & Senior VP | 0.25 | $0 | |
Genevieve Hillis Vice President & Director | 0.25 | $0 | |
Robert H Klein Jr Director | 0.25 | $0 | |
Matt Koch Secretary | 0.25 | $0 | |
John Walter Treasurer | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $262,000 |
| Interest on Savings | $0 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $262,000 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $0 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $7,357 |
| Total operating and administrative expenses | $13,057 |
| Contributions, gifts, grants paid | $234,182 |
| Total expenses and disbursements | $247,239 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,513,936 |
| 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 | $1,513,936 |
| 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, Direct Supply Foundation Inc has awarded $234,182 in support to 67 organizations.
| Grant Recipient | Amount |
|---|---|
AGELESS AVIATION DREAMS FOUNDATION INC PURPOSE: 2022 AGELESS AVIATION DREAMS SPONSER | $5,000 |
ALZHEIMER'S ASSOCIATION PURPOSE: SUPPORT FOR RESEARCH AND CARE FOR INDIVIDUALS AFFECTED BY ALZHEIMER'S AND DEMENTIA | $22,000 |
AMERICAN HEART ASSOCIATION PURPOSE: SUPPORT FOR RESEACH AND CARE FOR INDIVIDUALS AFFECTED BY HEART DISEASE AND STROKE | $4,000 |
BOYS AND GIRLS CLUB OF GREATER MILWAUKEE PURPOSE: COLLEGE SIGNING DAY EVENT AND GRADUATION PLUS PROGRAMMING | $21,700 |
BROWNING ELEMENTARY SCHOOL PURPOSE: EDUCATIONAL SUPPORT | $1,900 |
CHARIOTS4HOPE INC PURPOSE: SUPPORT FOR PROGRAMS THAT HELP PEOPLE WITH TRANSPORTATION PROBLEMS | $500 |