Main Street Foundation Inc
- Assets
- $387.1k
- Revenue
- $247.0k
- Investments
- $186.2k
- Employees
- 0
- Location
- Amherst, WI
- Founding
- 05/2016
- Data as of
- 12/2021
- EIN
- 81-0925320
Organization Overview
Main Street Foundation Inc is located in Amherst, WI. The organization was established in 2016. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., 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. Main Street 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 12/2021, Main Street Foundation Inc generated $247.0k in total revenue.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan J Kirsling President | 0.5 | $0 | |
Catherine A Kirsling Secretary/treasurer | 0.5 | $0 | |
Frederick Schmidt Director | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $230,227 |
| Interest on Savings | $1 |
| Dividends & Interest | $2,016 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $14,729 |
| Capital Gain Net Income | $14,729 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $246,973 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $48 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $1,794 |
| Total operating and administrative expenses | $2,837 |
| Contributions, gifts, grants paid | $5,000 |
| Total expenses and disbursements | $7,837 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $200,897 |
| 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 | $387,057 |
| 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, Main Street Foundation Inc has awarded $8,414 in support to 4 organizations.
| Grant Recipient | Amount |
|---|---|
ECLA WORLD HUNGER PURPOSE: PROGRAM SUPPORT | $3,707 |
ECLA WORLD HUNGER PURPOSE: PROGRAM SUPPORT | $3,707 |
NEW PATHWAYS PURPOSE: PROGRAM SUPPORT | $500 |
NEW PATHWAYS PURPOSE: PROGRAM SUPPORT | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Woodbourne Charitable Trust Plymouth, MN | $1,142,964 | $10,020,932 |
Audrey E & Donald L Hutt Tr 283 Chicago, IL | $19,533,735 | $12,080,033 |
James M Stanton Foundation Bloomington, MN | $29,105,685 | $38,323,984 |
Stanley Frankel And Judith Frankel Support Foundation Bloomfield Hills, MI | $0 | $41,274 |
Lawyers Trust Fund Of Illinois Chicago, IL | $23,693,587 | $13,676,265 |
Cokato Charitable Trust Cokato, MN | $9,103,416 | $8,785,306 |
Ferris Foundation Big Rapids, MI | $118,188,680 | $12,993,679 |
William H Miner Foundation Chicago, IL | $135,785,081 | $12,025,973 |
Frederick Henry Prince Testamentary Trust Chicago, IL | $125,717,434 | $17,884,796 |
Gordon Christian Trust Grand Rapids, MI | $67,207,482 | $18,378,082 |
Bluhm Family Charitable Foundation Chicago, IL | $0 | $104,878 |
Willard J And Alice C Corbett Char Tr Chicago, IL | $0 | $307,254 |