Steve Stricker American Family Insurance Foundation Inc is located in Madison, WI. The organization was established in 2013. According to its NTEE Classification (T30) the organization is classified as: Public 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. Steve Stricker American Family Insurance 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 12/2023, Steve Stricker American Family Insurance Foundation Inc generated $8.6m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.7%) each year. All expenses for the organization totaled $8.9m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
THE FOUNDATION SUPPORTS CHARITIES, EDUCATIONAL INITIATIVES, AND ORGANIZATIONS AIMED AT BUILDING STRONG FAMILIES AND HEALTHY KIDS, EMPOWERING THEM TO CHASE AND ACHIEVE THEIR DREAMS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE FOUNDATION SUPPORTS CHARITIES, EDUCATIONAL INITIATIVES, AND ORGANIZATIONS AIMED AT BUILDING STRONG FAMILIES AND HEALTHY KIDS, EMPOWERING THEM TO CHASE AND ACHIEVE THEIR DREAMS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Steven C Stricker Director, Ch | OfficerTrustee | 1 | $0 |
Nicole L Stricker Director, Vi | OfficerTrustee | 1 | $0 |
Telisa Yancy Director, Pr | OfficerTrustee | 1 | $0 |
Jeff Swalve Vice Pres, T | OfficerTrustee | 1 | $0 |
Jan Kittoe Vice Pres, S | OfficerTrustee | 1 | $0 |
Tracy Schweitzer Vice Preside | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Legendary Way Marketing Llc Marketing | 12/30/23 | $547,694 |
262 Five Operations | 12/30/23 | $494,550 |
Hns Sports Group Tourament Opera | 12/30/23 | $206,985 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $874,078 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $4,321,661 |
Noncash contributions included in lines 1a–1f | $5,175,170 |
Total Revenue from Contributions, Gifts, Grants & Similar | $5,195,739 |
Total Program Service Revenue | $0 |
Investment income | $142,850 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $57,827 |
Net Income from Fundraising Events | $3,223,780 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $8,620,196 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $2,013,088 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $557,925 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $61,024 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $1,217,000 |
Advertising and promotion | $1,231,928 |
Office expenses | $28,346 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $1,885,697 |
Travel | $233,146 |
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 | $71,493 |
All other expenses | $16,683 |
Total functional expenses | $8,913,788 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $336,631 |
Savings and temporary cash investments | $5,430,918 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $50,600 |
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 | $158,108 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $5,976,257 |
Accounts payable and accrued expenses | $39,733 |
Grants payable | $262,993 |
Deferred revenue | $122,152 |
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 | $0 |
Total liabilities | $424,878 |
Net assets without donor restrictions | $5,551,379 |
Net assets with donor restrictions | $0 |
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 | $5,976,257 |
Over the last fiscal year, Steve Stricker American Family Insurance Foundation Inc has awarded $110,000 in support to 2 organizations.
Grant Recipient | Amount |
---|---|
THE FIRST TEE OF SOUTH CENTRAL WI20-5779146 PURPOSE: EDUCATION | $50,000 |
UNITED WAY OF DANE COUNTY39-0817532 PURPOSE: EDUCATION | $60,000 |