Kim And John Schlifske Family Foundation Inc
- Assets
- $7.0m
- Revenue
- $2.7m
- Investments
- $4.7m
- Employees
- 0
- Location
- Elm Grove, WI
- Founding
- Data as of
- 12/2023
- EIN
- 84-5115649
Organization Overview
Kim And John Schlifske Family Foundation Inc is located in Elm Grove, WI. 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. Kim And John Schlifske 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 12/2023, Kim And John Schlifske Family Foundation Inc generated $2.7m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.6% each year. All expenses for the organization totaled $1.7m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.
Since 2021, Kim And John Schlifske Family Foundation Inc has awarded 51 individual grants totaling $3,644,850. 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 |
|---|---|---|---|
John Schlifske Jr Director | 1 | $0 | |
John Schlifske Director | 1 | $0 | |
Kim Schlifske Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,498,274 |
| Interest on Savings | $3,716 |
| Dividends & Interest | $95,896 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $94,812 |
| Capital Gain Net Income | $94,941 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $126 |
| Total Revenue | $2,692,824 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $11,963 |
| Depreciation | $0 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $2,500 |
| Total operating and administrative expenses | $53,552 |
| Contributions, gifts, grants paid | $1,670,100 |
| Total expenses and disbursements | $1,723,652 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $800,890 |
| Savings and temporary cash investments | $1,409,648 |
| 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 | $6,953,520 |
| 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, Kim And John Schlifske Family Foundation Inc has awarded $1,670,100 in support to 17 organizations.
| Grant Recipient | Amount |
|---|---|
BOSTON COLLEGE TRUSTEES PURPOSE: GENERAL SUPPORT | $55,000 |
CATHOLIC MEMORIAL HIGH SCHOOL PURPOSE: GENERAL SUPPORT | $152,100 |
CHRISTIAN FELLOWSHIP COMMUNITY PURPOSE: GENERAL SUPPORT | $2,500 |
LOVE ONE INTERNATIONAL PURPOSE: GENERAL SUPPORT | $556,500 |
MCC SCHOLARS FOUNDATION INC PURPOSE: GENERAL SUPPORT | $2,500 |
ST MARY'S VISITATION CATHOLIC PARISH PURPOSE: GENERAL SUPPORT; CONSTRUCTION OF ADORATION CHAPEL | $450,500 |