Marvin And Debra Cherney Family Foundation Inc
- Assets
- $1.4m
- Revenue
- -$50.7k
- Investments
- $1.4m
- Employees
- 0
- Location
- Kewaunee, WI
- Founding
- Data as of
- 12/2022
- EIN
- 87-4127024
Organization Overview
Marvin And Debra Cherney Family Foundation Inc is located in Kewaunee, WI. According to its NTEE Classification (T22) the organization is classified as: Private Independent 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. Marvin And Debra Cherney 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.
Since 2022, Marvin And Debra Cherney Family Foundation Inc has awarded 16 individual grants totaling $440,910. 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 |
|---|---|---|---|
Marvin Cherney Vice Preside | 1 | $0 | |
Debra Cherney President Se | 1 | $0 | |
Amanda Matczynski Treasurer | 1 | $22,500 | |
Joseph Cherney Director | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $2,263 |
| Interest on Savings | $573 |
| Dividends & Interest | $49,912 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | -$103,403 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $0 |
| Total Revenue | -$50,655 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $22,500 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $1,721 |
| Interest | $0 |
| Taxes | $432 |
| Depreciation | $0 |
| Occupancy | $9,635 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $11,140 |
| Total operating and administrative expenses | $59,362 |
| Contributions, gifts, grants paid | $440,910 |
| Total expenses and disbursements | $500,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $9,073 |
| 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 | $1,392,513 |
| Accounts payable and accrued expenses | $560 |
| 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 | $560 |
Grants Awarded
Over the last fiscal year, Marvin And Debra Cherney Family Foundation Inc has awarded $440,910 in support to 16 organizations.
| Grant Recipient | Amount |
|---|---|
CEREBRAL PALSY INC PURPOSE: TELATHON DONATION | $5,000 |
EAST SHORE INDUSTRIES INC PURPOSE: SPONSORSHIP | $1,750 |
CEREBRAL PALSY INC PURPOSE: FUND-A-NEED PROGRAM | $2,000 |
EAST SHORE INDUSTRIES INC PURPOSE: SPONSORSHIP | $2,500 |
GREEN BAY AREA CATHOLIC PURPOSE: PLAYGROUND CAMPAIGN | $30,000 |
GREEN BAY AREA CATHOLIC PURPOSE: GALA SPONSORSHIP | $500 |