Form 990 for tax year 2022
Filed by UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION INC.
Totals
- Total revenue
- $21,188,593
- Total expenses
- $10,170,454
- Contributions and grants received
- $13,175,349
- Grants paid
- $7,008,117
- Program service revenue
- $231,568
- Investment income
- $7,559,245
- Other revenue
- $222,431
- Total assets, end of year
- $124,768,479
- Total liabilities, end of year
- $21,802,472
- Net assets or fund balances, end of year
- $102,966,007
- Program services expenses (Part IX)
- $7,008,117
- Management and general expenses
- $1,945,349
- Fundraising expenses
- $1,216,988
- Program service expenses (Part III)
- $7,008,117
Program services were 68.9% 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
$13,175,349
-
1g · Noncash contributions included above
$368,840
-
2a · Program service revenue: ALUMNI EVENTS
total $224,533 · related or exempt $224,533
-
2b · Program service revenue: PROGRAM RENTAL INCOME
total $7,035 · related or exempt $7,035
-
3 · Investment income
total $1,949,659 · excluded $1,949,659
-
5 · Royalties
total $9,040 · excluded $9,040
-
7a · Gross sales of assets other than inventory
securities $69,333,928
-
7b · Less cost or other basis and sales expenses
securities $63,724,342
-
7c · Gain or loss
securities $5,609,586
-
7d · Net gain or loss
total $5,609,586 · excluded $5,609,586
-
10a · Gross sales of inventory
$17,369
-
10b · Cost of goods sold
$35,483
-
10c · Net income from sales of inventory
total -$18,114 · excluded -$18,114
-
11a · Other revenue: ADMINISTRATIVE INCOME
total $231,505 · excluded $231,505
-
11e · Other revenue, total
$231,505
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $4,323,964 · program services $4,323,964
-
2 · Grants to domestic individuals
total $2,684,153 · program services $2,684,153
-
11a · Fees: management
total $1,858,325 · management and general $1,105,344 · fundraising $752,981
-
11c · Fees: accounting
total $22,299 · management and general $22,299
-
11d · Fees: lobbying
total $76,500 · management and general $76,500
-
11f · Fees: investment management
total $269,573 · management and general $269,573
-
11g · Fees: other
total $119,455 · management and general $85,808 · fundraising $33,647
-
12 · Advertising and promotion
total $774 · management and general $774
-
13 · Office expenses
total $177,199 · management and general $24,022 · fundraising $153,177
-
16 · Occupancy
total $23 · management and general $23
-
17 · Travel
total $111,984 · fundraising $111,984
-
19 · Conferences, conventions and meetings
total $10,749 · management and general $10,749
-
22 · Depreciation, depletion and amortization
total $8,917 · management and general $8,917
-
23 · Insurance
total $17,822 · management and general $17,822
-
24a · Other expenses: DUES AND SUBSCRIPTIONS
total $241,315 · management and general $241,315
-
24b · Other expenses: STUDENT HELP
total $128,994 · fundraising $128,994
-
24c · Other expenses: EVENT EXPENSES
total $70,818 · management and general $70,818
-
24d · Other expenses: DONOR CULTIVATION
total $36,205 · fundraising $36,205
-
24e · All other expenses
total $11,385 · management and general $11,385
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $4,096,662 · end of year $2,596,189
-
3 · Pledges and grants receivable
beginning of year $36,447,525 · end of year $27,712,255
-
4 · Accounts receivable
beginning of year $61,402 · end of year $74,399
-
7 · Other notes and loans receivable
beginning of year $1,601,694 · end of year $0
-
8 · Inventories for sale or use
beginning of year $44,598 · end of year $44,598
-
9 · Prepaid expenses and deferred charges
beginning of year $111,109 · end of year $97,558
-
10a · Land, buildings and equipment: cost or other basis
$84,580
-
10b · Land, buildings and equipment: accumulated depreciation
$40,264
-
10c · Land, buildings and equipment, net
beginning of year $40,230 · end of year $44,316
-
11 · Investments: publicly traded securities
beginning of year $64,281,938 · end of year $70,150,131
-
15 · Other assets
beginning of year $23,768,615 · end of year $24,049,033
-
17 · Accounts payable and accrued expenses
beginning of year $1,982,627 · end of year $548,738
-
18 · Grants payable
beginning of year $37,511,221 · end of year $21,053,081
-
25 · Other liabilities
beginning of year $209,774 · end of year $200,653
-
27 · Net assets without donor restrictions
beginning of year $12,487,477 · end of year $14,592,832
-
28 · Net assets with donor restrictions
beginning of year $78,262,674 · end of year $88,373,175
Mission and programs · 2022
Mission
THE UNIVERSITY OF WISCONSIN-EAU CLAIRE FOUNDATION, INC. HAS AS ITS PRIMARY MISSION THE STEWARDSHIP OF PRIVATE FUNDS DONATED TO THE FOUNDATION FOR THE BENEFIT OF THE UNIVERSITY. WE DO THIS WITH FISCAL INTEGRITY AND RESPECT FOR OUR VALUED DONORS. OUR ULTIMATE GOAL IS THE ADVOCACY OF THE UNIVERSITY TO THE BROADER COMMUNITY AND TO CONTRIBUTE TO ACADEMIC EXCELLENCE AT THE UNIVERSITY OF WISCONSIN-EAU CLAIRE.
Activities or mission (Part I)
THE PURPOSE SHALL BE TO PROVIDE FINANCIAL AID AND ASSISTANCE TO WORTHY AND NEEDY STUDENTS AT THE UNIVERSITY OF WISCONSIN-EAU CLAIRE, TO ENCOURAGE SCHOLARSHIP, TO PARTICIPATE IN AND ENCOURAGE ALL ENDEAVORS TO ADVANCE THE CAUSE OF EDUCATION AT THIS UNIVERSITY, TO ASSIST IN DEVELOPING AND INCREASING THE OPPORTUNITIES FOR STUDENTS AT THIS UNIVERSITY PRIMARILY IN THE AREAS OTHER THAN THOSE IN WHICH THE STATE OF WISCONSIN ORDINARILY MAKES APPROPRIATIONS AND TO DO ALL ACTS THAT THE CORPORATION SHALL DEEM TO BE IN THE INTEREST OF SAID UNIVERSITY. THE FUNDS OF THE CORPORATION SHALL BE INVESTED IN THE INVESTMENTS THAT SHALL MEET THE STANDARDS THAT THE CORPORATION, IN ITS DISCRETION, SHALL FROM TIME TO TIME DETERMINE, AND SHALL NOT BE RESTRICTED TO INVESTMENTS QUALIFYING AS TRUST FUND INVESTMENTS UNDER THE LAWS OF THE STATE OF WISCONSIN.
-
THE FOUNDATION DISBURSED OVER 60% OF THEIR TOTAL PROGRAM EXPENSES FOR UNIVERSITY PROGRAMS. THIS REPRESENTS FUNDING FOR GENERAL OPERATIONAL SUPPORT OF UNIVERSITY DEPARTMENTS AND COLLEGES. THIS INCLUDES FUNDING FOR DEPARTMENT ADVANCEMENT FUNDS THAT ARE USED TO SUPPORT PROJECTS AND ACTIVITIES NOT SUPPORTED BY STATE FUNDING. THE GENERAL NUMBER IMPACTED BY THAT TYPE OF PROGRAM IS 40 ADMINISTRATIVE UNITS ON CAMPUS AND 900 ADMINISTRATIVE AND OPERATIONAL SUPPORT STAFF.
Expenses $4,341,005 · Grants $4,341,005 · Revenue $231,568
-
Withheld by Nonprofiteer: this text may name a private individual.
Expenses $2,667,112 · Grants $2,667,112
As filed on the 2022 return. The filer continues this part on Schedule O, which is not shown here. A text marked withheld matched a screen for wording that may name a private individual, such as an honorific or "in memory of". Most of what it withholds names no one; it is withheld so that what does is never shown.
Listed in Part VII
-
ERIC WAN
CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
KEITH DONNERMEYER
PAST CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
ANDREW BURISH
PAST CHAIR (THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 0.1
-
CHRISTINE SMITH
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 0.1
-
BRANDON RIECHERS
TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
PATRICIA LIEN
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
ANGELA PITTMAN TAYLOR
SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
KERRY KINCAID
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
-
TIMOTHY BALL
DIRECTOR (THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 0.1
-
JASON CRAIG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
TODD EBERHARDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
BRIAN ELWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
BRADY FOUST
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
CHOPS HANCOCK
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1 + 1 related
-
JANE JOHANOS
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
JEFF JOHNSON
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
DANIEL KINCAID
DIRECTOR (THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 0.1
-
JEFFREY LANG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
JEFFREY LIDDICOAT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
ERIK LUNDBERG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
JILL MUENICH
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
REGI MUNRO
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
SCOTT PETERSON
DIRECTOR (THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 0.1
-
CHRISTINE RICE
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
KELLI QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
MARY JO QUINN
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
SUZANNE SCHMIDT
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
RAYMOND SKWIERCZYNSKI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
BILL SPARKES
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
CHRISTINE THRUN
DIRECTOR (THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 0.1
-
KIMBERLY UNDERWOOD
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
JASON WUDI
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
KAYING XIONG
DIRECTOR
- Total calculated
- $0
- Hours/week
- 0.1
-
KIMERA M WAY
PRES./EX-OFFICIO MEMBER (SEE SCH O)
- Total calculated
- $0
- Hours/week
- 50 + 1 related
-
JULIA DIGGINS
PRESIDENT (SEE SCH O)
- Total calculated
- $0
- Hours/week
- 50
-
COBY KOHN
ASST. TREAS. (SEE SCH O)(THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 45 + 1 related
-
ASPEN RYSKOSKI
ASSISTANT TREASURER (SEE SCH O)
- Total calculated
- $0
- Hours/week
- 45 + 1 related
-
LORI MAASSEN
ASSISTANT TREASURER
- Total calculated
- $0
- Hours/week
- 0.1
-
MICHELLE OLSON
ASSISTANT SECRETARY
- Total calculated
- $0
- Hours/week
- 0.1
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
-
UNIVERSITY OF WISCONSIN - EAU CLAIRE
$4,323,964
UNIVERSITY DEPARTMENT SUPPORT
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
BLUGOLD REAL ESTATE FOUNDATION INC
501(C)(3) · TO OPERATE REAL ESTATE FOR THE BENEFIT OF UW-EAU CLAIRE FOUNDATION, INC. · WI · controlled entity
Directly controlled by UNIVERSITY OF WISCONSIN - EAU CLAIRE
Taxable family on this return
Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.
Disregarded entities
Part I: entities that legally are the filer and file no return of their own.
-
TO MONITOR THE ENTREPRENEURIAL EDUCATION PROGRAMS. · WI · income $0 · assets $0
Directly controlled by UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC
-
TO HOLD A ROAST COFFEE DISTRIBUTION OPERATION WITH RELATED BRANDED PRODUCTS · WI · income -$1,032 · assets $1,822
Directly controlled by UNIVERSITY OF WISCONSIN - EAU CLAIRE FOUNDATION INC
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 18 April 2024
- IRS schema version
- 2022v5.0
- Source object
- 202401229349302415
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