Fotsch Family Foundation
- Assets
- $32.8m
- Revenue
- $2.9m
- Investments
- $29.4m
- Employees
- 0
- Location
- Nashotah, WI
- Founding
- 10/2013
- Data as of
- 12/2021
- EIN
- 46-2601906
The information for Fotsch Family Foundation is as of the organization's most recent filing in December '21. This organization is located in Nashotah, WI. It has been in existence for 8 years, following its founding in 2013.
Organization Classification
The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.
The Fotsch Family Foundation is a Private Grantmaking Foundation classified under the NTEE code T20. As a philanthropy, voluntarism, and grantmaking foundation, it is a nongovernmental, nonprofit organization that manages funds and programs through its own trustees or directors. The foundation's main purpose is to maintain or aid social, educational, religious, or other charitable activities that serve the common welfare, primarily through grantmaking. Additionally, the Fotsch Family Foundation is classified under section 3 of the Internal Revenue Code, which encompasses organizations engaged in religious, educational, charitable, scientific, literary, public safety, amateur sports, or prevention of cruelty to children or animals work.
Grant History
Our dataset includes five years of grant history for the Fotsch Family Foundation. Over the course of those five years, they have awarded a total of 302 grants, with an average check size of $40,334. The foundation awards grants in various sectors, with the majority of grants being awarded in the Education sector (28). They also support Health Care (7) and Animal-Related causes (6). In terms of geographical distribution, the Fotsch Family Foundation has awarded the most grants in Wisconsin (263), followed by New York (9), Indiana (6), Nebraska (6), Illinois (5), Texas (5), Maryland (5), Ohio (2), and Kentucky (1).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Geraldine D Fotsch President | 1 | $0 | |
James P Fotsch Director | 1 | $0 | |
Dr Colleen Lawton Director | 1 | $0 | |
Thomas A Fotsch Vp/secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $236 |
| Dividends & Interest | $1,476,663 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $1,381,006 |
| Capital Gain Net Income | $1,381,006 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $2,857,905 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $26,736 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $5,680 |
| Total operating and administrative expenses | $39,819 |
| Contributions, gifts, grants paid | $2,566,327 |
| Total expenses and disbursements | $2,606,146 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $14,473 |
| Savings and temporary cash investments | $3,411,782 |
| 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 | $32,818,324 |
| 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, Fotsch Family Foundation has awarded $2,566,327 in support to 53 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: CHARITABLE CONTRIBUTION | $480,000 |
PAULIST FATHERS PURPOSE: CHARITABLE CONTRIBUTION | $408,000 |
Madison, WI PURPOSE: CHARITABLE CONTRIBUTION | $300,000 |
RONALD MCDONALD CHARITIES-EASTERN WI PURPOSE: CHARITABLE CONTRIBUTION | $162,140 |
THE CARDINAL'S APPEAL PURPOSE: CHARITABLE CONTRIBUTION | $140,000 |
WOMENS CARE CENTER PURPOSE: CHARITABLE CONTRIBUTION | $113,667 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Douglas & Maria Devos Foundation Grand Rapids, MI | $79,921,409 | $9,501,037 |
Charles K Blandin Foundation Grand Rapids, MN | $0 | $24,073,238 |
Ed Uihlein Family Foundation Lake Forest, IL | $7,123,989 | $4,757,675 |
Joseph L & Sarah S Marcum Foundation Chicago, IL | $0 | $6,419,437 |
Kraft Heinz Company Foundation Chicago, IL | $398,764 | $8,002,636 |
State Farm Companies Foundation Bloomington, IL | $9,666,483 | $1,134 |
Marie C & Joseph C Wilson Foundation Chicago, IL | $0 | $53,412 |
Dow Company Foundation Bay City, MI | $175,531,548 | $110,489,699 |
Alphawood Foundation Chicago, IL | $96,386,448 | $15,256,055 |
Steans Family Foundation Chicago, IL | $0 | $20,140,801 |
Irving S Gilmore Foundation Kalamazoo, MI | $388,410,325 | $41,180,610 |
Reiman Foundation Inc Pewaukee, WI | $64,480,239 | $12,529,672 |