Skip to content
Nonprofiteer
← LACROSSE COMMUNITY FOUNDATION

Form 990 for tax year 2022

Filed by LACROSSE COMMUNITY FOUNDATION.

Totals

Total revenue
$5,067,377
Total expenses
$4,913,497
Contributions and grants received
$3,456,712
Grants paid
$4,024,671
Program service revenue
$0
Investment income
$1,540,668
Other revenue
$69,997
Total assets, end of year
$59,131,423
Total liabilities, end of year
$5,424,557
Net assets or fund balances, end of year
$53,706,866
Program services expenses (Part IX)
$4,440,045
Management and general expenses
$349,360
Fundraising expenses
$124,092
Program service expenses (Part III)
$4,440,045

Program services were 90.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 1f · All other contributions, gifts and grants

    $3,456,712

  • 1g · Noncash contributions included above

    $233,314

  • 3 · Investment income

    total $1,708,979 · related or exempt $1,708,979

  • 7a · Gross sales of assets other than inventory

    securities $19,123,013

  • 7b · Less cost or other basis and sales expenses

    securities $19,291,324

  • 7c · Gain or loss

    securities -$168,311

  • 7d · Net gain or loss

    total -$168,311 · excluded -$168,311

  • 11a · Other revenue: PROCESSING FEES

    total $69,997 · related or exempt $69,997

  • 11e · Other revenue, total

    $69,997

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,717,039 · program services $3,717,039

  • 2 · Grants to domestic individuals

    total $307,632 · program services $307,632

  • 5 · Compensation of officers, directors and key employees

    total $127,697 · program services $63,849 · management and general $19,154 · fundraising $44,694

  • 7 · Other salaries and wages

    total $293,747 · program services $152,471 · management and general $112,340 · fundraising $28,936

  • 8 · Pension plan contributions

    total $13,326 · program services $6,920 · management and general $5,131 · fundraising $1,275

  • 10 · Payroll taxes

    total $32,334 · program services $16,603 · management and general $10,160 · fundraising $5,571

  • 11c · Fees: accounting

    total $10,860 · management and general $10,860

  • 11f · Fees: investment management

    total $154,151 · management and general $154,151

  • 12 · Advertising and promotion

    total $27,194 · program services $15,875 · fundraising $11,319

  • 13 · Office expenses

    total $24,117 · program services $13,570 · management and general $2,611 · fundraising $7,936

  • 14 · Information technology

    total $38,939 · program services $20,092 · management and general $12,696 · fundraising $6,151

  • 16 · Occupancy

    total $21,949 · program services $11,325 · management and general $7,157 · fundraising $3,467

  • 17 · Travel

    total $12,984 · program services $6,699 · management and general $4,234 · fundraising $2,051

  • 22 · Depreciation, depletion and amortization

    total $2,909 · program services $1,501 · management and general $948 · fundraising $460

  • 23 · Insurance

    total $9,177 · program services $4,735 · management and general $2,992 · fundraising $1,450

  • 24a · Other expenses: PROGRAM EXPENSES

    total $57,870 · program services $57,870

  • 24b · Other expenses: OTHER EXPENSES

    total $33,695 · program services $29,692 · management and general $2,158 · fundraising $1,845

  • 24c · Other expenses: DUES & MEETINGS

    total $27,877 · program services $14,172 · management and general $4,768 · fundraising $8,937

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $236,398 · end of year $465,860

  • 2 · Savings and temporary cash investments

    beginning of year $1,102,438 · end of year $1,146,146

  • 3 · Pledges and grants receivable

    beginning of year $538,700 · end of year $95,700

  • 9 · Prepaid expenses and deferred charges

    beginning of year $708 · end of year $2,985

  • 10a · Land, buildings and equipment: cost or other basis

    $36,882

  • 10b · Land, buildings and equipment: accumulated depreciation

    $32,104

  • 10c · Land, buildings and equipment, net

    beginning of year $5,428 · end of year $4,778

  • 11 · Investments: publicly traded securities

    beginning of year $62,773,278 · end of year $53,329,648

  • 15 · Other assets

    beginning of year $5,070,049 · end of year $4,086,306

  • 17 · Accounts payable and accrued expenses

    beginning of year $36,092 · end of year $25,621

  • 18 · Grants payable

    beginning of year $160,000 · end of year $744,128

  • 19 · Deferred revenue

    beginning of year $49,806 · end of year $36,897

  • 21 · Escrow or custodial account liability

    beginning of year $5,129,165 · end of year $4,617,911

  • 27 · Net assets without donor restrictions

    beginning of year $58,802,901 · end of year $49,584,081

  • 28 · Net assets with donor restrictions

    beginning of year $5,549,035 · end of year $4,122,785

Mission and programs · 2022

Mission

CONNECTING PEOPLE, PASSION, AND GIVING IN THE LA CROSSE AREA FOREVER.

  • DONOR-FOCUS ACTIVITIES: WORKING WITH LOCAL DONORS TO ESTABLISH AND ADMINISTER ENDOWED CHARITABLE FUNDS TO MAKE NONCOMPETITIVE GRANTS OR SCHOLARSHIPS TO QUALIFIED 501(C)(3) ORGANIZATIONS IN THEIR PHILANTHROPIC INTEREST AREAS. CURRENTLY, LCF ADMINISTERS 239 DONOR-DIRECTED FUNDS. IN 2022, A TOTAL OF $2,350,506 WAS AWARDED IN NONCOMPETITIVE GRANTS AND $361,517 WAS AWARDED IN SCHOLARSHIPS.

    Expenses $2,854,750 · Grants $2,712,024

  • COMMUNITY-FOCUSED ACTIVITIES: GROWING A SOURCE OF PERMANENT, UNRESTRICTED COMMUNITY CAPITAL FROM PHILANTHROPIC GIFTS TO AWARD COMPETITIVE GRANTS TO QUALIFIED CHARITABLE ORGANIZATIONS IN LA CROSSE COUNTY WHO ARE MEETING IDENTIFIED COMMUNITY NEEDS. LCF HAS 30 FUNDS THAT AWARD COMPETITIVE GRANTS REVIEWED AND APPROVED BY THE BOARD OF DIRECTORS EACH QUARTER. LCF AWARDED $1,312,647.

    Expenses $1,421,274 · Grants $1,312,647

  • LEADERSHIP ACTIVITIES AND FISCAL SPONSORSHIPS: SERVICE TO CONVENE COMMUNITY PARTNERS AROUND CURRENT COMMUNITY NEEDS AND HELPING AREA CHARITABLE GROUPS AND NONPROFITS BUILD CAPACITY TO INCREASE THEIR IMPACT.

    Expenses $164,021

As filed on the 2022 return.

Listed in Part VII

  • Brent Smith Jc

    CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Richard Kyte

    VICE-CHAIR

    Total calculated
    $0
    Hours/week
    1

  • Joe Moua

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • Taylor Mathy

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Jamie Dahl

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Clara Gelatt

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Taggert Brooks

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tom Kennedy

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sr Sue Ernster

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Tara Johnson

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dina Zavala

    BOARD MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Jamie Schloegel

    EXECUTIVE DIRECTOR

    Total calculated
    $127,697
    From this org
    $121,955
    From related orgs
    $0
    Other
    $5,742
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.

Grants on this return

The 10 largest by cash amount. The API serves every itemized grant.

Provenance

Return type
form_990
Tax year
2022
Filed
22 August 2023
IRS schema version
2022v5.0
Source object
202302549349300900

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

The source document this was parsed from is served over the API, which is where bulk and document access live.