Craig C Culver Family Foundation Inc
- Assets
- $1.3m
- Revenue
- $155.2k
- Investments
- $1.2m
- Employees
- 0
- Location
- Sauk City, WI
- Founding
- 05/2019
- Data as of
- 12/2022
- EIN
- 81-4079516
Organization Overview
Craig C Culver Family Foundation Inc is located in Sauk City, WI. The organization was established in 2019. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking 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. Craig C Culver Family 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, Craig C Culver Family Foundation Inc generated $155.2k in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 16.4% each year . All expenses for the organization totaled $621.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Since 2020, Craig C Culver Family Foundation Inc has awarded 24 individual grants totaling $2,240,000. 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.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Craig C Culver President/director | 0.1 | $0 | |
Brittany L Culver Vice President/director | 0.1 | $0 | |
Amanda R Culver Treasurer/director | 0.1 | $0 | |
Chelsea A Culver Secretary/director | 0.1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $1,800 |
| Interest on Savings | $0 |
| Dividends & Interest | $21,060 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $132,389 |
| Capital Gain Net Income | $132,389 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | $155,249 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $10 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $25 |
| Total operating and administrative expenses | $8,175 |
| Contributions, gifts, grants paid | $613,500 |
| Total expenses and disbursements | $621,675 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $98,711 |
| 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 | $1,310,328 |
| 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, Craig C Culver Family Foundation Inc has awarded $613,500 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
AMERICAN JUNIOR GOLF ASSOCIATION PURPOSE: YOUTH DEVELOPMENT THROUGH GOLF | $5,000 |
EAST MADISON COMMUNITY CENTER INC PURPOSE: COMMUNITY SUPPORT | $20,000 |
FIRST TEE SOUTH CENTRAL WISCONSIN PURPOSE: YOUTH DEVELOPMENT THROUGH GOLF | $25,000 |
GREEN LAKE ASSOCIATON PURPOSE: WATER QUALITY | $10,000 |
SAUK PRAIRIE HEALTHCARE FOUNDATION PURPOSE: COMMUNITY-BASED HEALTHCARE SUPPORT | $31,000 |
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: EDUCATION SUPPORT | $10,000 |