Debeck Foundation Inc
- Assets
- $188.0
- Revenue
- $36.4k
- Investments
- $0.0
- Employees
- 0
- Location
- Baraboo, WI
- Founding
- Data as of
- 12/2022
- EIN
- 83-1464163
Organization Overview
Debeck Foundation Inc is located in Baraboo, WI. According to its NTEE Classification (T21) the organization is classified as: Corporate 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. Debeck 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, Debeck Foundation Inc generated $36.4k 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 (17.2%) each year. All expenses for the organization totaled $54.7k during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
Part 3 - Line 4a
OUR MISSION IS TO PROVIDE SCHOLARSHIPS TO STUDENTS AT THE MADISON AREA TECHNICAL COLLEGE IN MADISON, WISCONSIN, OR AT OTHER EDUCATIONAL ORGANIZATIONS AS MAY BE APPROVED BY THE BOARD OF DIRECTORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas Debeck President | 1 | $0 | |
Deborah Wells Vice President | 1 | $0 | |
Peter Oettinger Secretary/treasurer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $36,203 |
| Interest on Savings | $22 |
| Dividends & Interest | $0 |
| 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 | $224 |
| Total Revenue | $36,449 |
| 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 | $9 |
| Total operating and administrative expenses | $1,212 |
| Contributions, gifts, grants paid | $53,500 |
| Total expenses and disbursements | $54,712 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $188 |
| 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 | $188 |
| 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, Debeck Foundation Inc has awarded $53,500 in support to 6 organizations.
| Grant Recipient | Amount |
|---|---|
UNIVERSITY OF WISCONSIN FOUNDATION PURPOSE: DEBORAH WELLS AND THOMAS DEBECK FUND | $27,000 |
HERZING UNIVERSITY PURPOSE: SCHOLARSHIP AWARD | $10,000 |
UNIVERSITY OF DUBUQUE PURPOSE: SCHOLARSHIP AWARD | $10,000 |
UNIVERSITY OF WISCONSIN-OSHKOSH PURPOSE: SCHOLARSHIP AWARD | $2,500 |
ETHNOS360 BIBLE INSTITUTE PURPOSE: SCHOLARSHIP AWARD | $3,000 |
UNIVERSITY OF WISCONSIN-WHITEWATER PURPOSE: SCHOLARSHIP AWARD | $1,000 |