Ffbw Community Foundation Inc
- Assets
- $453.0k
- Revenue
- $183.0
- Investments
- $338.5k
- Employees
- 0
- Location
- Brookfield, WI
- Founding
- 04/2019
- Data as of
- 12/2021
- EIN
- 82-2982916
Organization Overview
Ffbw Community Foundation Inc is located in Brookfield, WI. The organization was established in 2019. According to its NTEE Classification (T31) the organization is classified as: Community 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. Ffbw Community 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, Ffbw Community Foundation Inc generated $183.0 in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (37.4%) each year. All expenses for the organization totaled $45.5k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Ffbw Community Foundation Inc has awarded 64 individual grants totaling $207,500. 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 |
|---|---|---|---|
Steven L Wierschem President | 1 | $0 | |
Leann Eddingsaas Treasurer | 1 | $0 | |
Jay B Kaun Secretary | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $183 |
| 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 | $183 |
| 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 | $156 |
| Total operating and administrative expenses | $5,507 |
| Contributions, gifts, grants paid | $40,000 |
| Total expenses and disbursements | $45,507 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $114,428 |
| 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 | $452,971 |
| Accounts payable and accrued expenses | $2,500 |
| 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 | $2,500 |
Grants Awarded
Over the last fiscal year, Ffbw Community Foundation Inc has awarded $40,000 in support to 10 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: GENERAL SUPPORT | $5,000 |
JUNIOR ACHIEVEMENT PURPOSE: GENERAL SUPPORT | $5,000 |
Waukesha, WI PURPOSE: GENERAL SUPPORT | $5,000 |
UNITED FOR WAUKESHA COMMUNITY FUND PURPOSE: GENERAL SUPPORT | $5,000 |
New Braunfels, TX PURPOSE: GENERAL SUPPORT | $5,000 |
UNITED METHODIST CHILDREN'S SERVICE PURPOSE: GENERAL SUPPORT | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oshkosh Area Community Foundation Corporation Oshkosh, WI | $140,509,815 | $17,534,681 |
Community Foundation Of Greater Dubuque Dubuque, IA | $145,486,240 | $37,640,315 |
Midland Area Community Foundation Midland, MI | $121,202,704 | $11,959,875 |
Community Foundation Of Northern Illinois Rockford, IL | $141,924,845 | $12,064,778 |
Community Foundation Of Northeast Iowa Cedar Falls, IA | $163,015,524 | $24,241,546 |
West Central Initiative Fergus Falls, MN | $80,928,029 | $10,157,757 |
Berrien Community Foundation Inc St Joseph, MI | $80,848,791 | $11,315,608 |
South Central Iowa Community Foundation Chariton, IA | $15,877,246 | $5,307,597 |
Waukesha County Community Foundation Inc Waukesha, WI | $76,894,981 | $24,718,378 |
Saginaw Community Foundation Saginaw, MI | $102,443,915 | $13,682,222 |
Community Foundation Of St Clair County Port Huron, MI | $89,709,693 | $10,612,101 |
Community Foundation Of The Fox River Valley Aurora, IL | $129,427,234 | $19,610,188 |