Curt And Sue Culver Family Foundation Inc
- Assets
- $12.0m
- Revenue
- $3.9m
- Investments
- $11.6m
- Employees
- 0
- Location
- Nashotah, WI
- Founding
- 12/2018
- Data as of
- 12/2021
- EIN
- 82-3543553
Organization Overview
Curt And Sue Culver Family Foundation Inc is located in Nashotah, WI. The organization was established in 2018. 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. Curt And Sue 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 12/2021, Curt And Sue Culver Family Foundation Inc generated $3.9m in total revenue. This organization has experienced exceptional growth, as over the past 4 years, it has increased revenue by an average of 11.4% each year . All expenses for the organization totaled $461.9k during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2018, Curt And Sue Culver Family Foundation Inc has awarded 90 individual grants totaling $1,054,450. 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 |
|---|---|---|---|
Patrick Culver Vice President, Director | 0.2 | $0 | |
Curt Culver Treasurer, Director | 0.5 | $0 | |
Christine Culver President, Director | 0.5 | $0 | |
Sue Culver Secretary, Director | 0.2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $3,195,780 |
| Interest on Savings | $0 |
| Dividends & Interest | $196,206 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $494,941 |
| Capital Gain Net Income | $828,193 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $3,051 |
| Total Revenue | $3,889,978 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,594 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $73,661 |
| Total operating and administrative expenses | $111,872 |
| Contributions, gifts, grants paid | $350,050 |
| Total expenses and disbursements | $461,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $436,326 |
| 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 | $843,643 |
| Net Land, buildings, and equipment | $0 |
| Other assets | $0 |
| Total assets | $12,018,818 |
| 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, Curt And Sue Culver Family Foundation Inc has awarded $350,050 in support to 23 organizations.
| Grant Recipient | Amount |
|---|---|
Milwaukee, WI PURPOSE: HUMAN SERVICES SUPPORT | $115,000 |
Glenview, IL PURPOSE: COLLEGE SCHOLARSHIPS FOR STUDENT GOLF CADDIES | $100,000 |
Madison, WI PURPOSE: EDUCATIONAL SUPPORT | $50,000 |
Naples, FL PURPOSE: SOCIAL SERVICES SUPPORT | $25,000 |
MILWAUKEE BALLET PURPOSE: PERFORMING ARTS SUPPORT | $10,000 |
Sturgeon Bay, WI PURPOSE: HUMAN SERVICES SUPPORT | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Otto Bremer Trust St Paul, MN | $1,543,197,073 | $135,875,116 |
Fulk Family Foundation Inc Chicago, IL | $111,507,856 | $5,187,231 |
The Robert D And Patricia E Kern Family Foundation Inc Waukesha, WI | $717,991,169 | $43,480,423 |
Grainger Foundation Inc Lake Forest, IL | $184,158,239 | $17,016,007 |
Zell Family Foundation Chicago, IL | $0 | $76,843,080 |
The Richard M Schulze Family Foundation Minneapolis, MN | $250,424,427 | $45,882,285 |
Fred C And Katherine B Andersen Foundation Bayport, MN | $1,210,701,778 | $63,445,932 |
Abbvie Foundation North Chicago, IL | $72,211,109 | $4,010,058 |
Caterpillar Foundation Peoria, IL | $93,606,659 | $54,411,827 |
Circle Of Service Foundation Chicago, IL | $697,372,085 | $55,153,209 |
Allstate Foundation Northbrook, IL | $112,475,932 | $31,277,614 |
The Meijer Foundation Grand Rapids, MI | $118,103,895 | $43,970,388 |