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← EVERYTHINGS POSSIBLE FOUNDATION INC

Form 990 for tax year 2024

Filed by EVERYTHINGS POSSIBLE FOUNDATION INC.

Totals

Total revenue
$7,394,538
Total expenses
$3,460,168
Contributions and grants received
$0
Grants paid
$3,097,303
Program service revenue
$0
Investment income
$7,394,538
Other revenue
$0
Total assets, end of year
$106,619,891
Total liabilities, end of year
$0
Net assets or fund balances, end of year
$106,619,891
Program services expenses (Part IX)
$3,124,473
Management and general expenses
$335,695
Fundraising expenses
$0
Program service expenses (Part III)
$3,124,473

Program services were 90.3% 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.

  • 3 · Investment income

    total $2,158,658 · excluded $2,158,658

  • 7a · Gross sales of assets other than inventory

    securities $32,712,556

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

    securities $27,476,676

  • 7c · Gain or loss

    securities $5,235,880

  • 7d · Net gain or loss

    total $5,235,880 · excluded $5,235,880

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,097,303 · program services $3,097,303

  • 11b · Fees: legal

    total $1,890 · program services $945 · management and general $945

  • 11c · Fees: accounting

    total $52,040 · program services $26,020 · management and general $26,020

  • 11f · Fees: investment management

    total $308,526 · management and general $308,526

  • 13 · Office expenses

    total $409 · program services $205 · management and general $204

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $610,192 · end of year $735,038

  • 11 · Investments: publicly traded securities

    beginning of year $95,926,756 · end of year $105,884,853

  • 27 · Net assets without donor restrictions

    beginning of year $96,536,948 · end of year $106,619,891

Mission and programs · 2024

Mission

THE FOUNDATION MAKES GRANTS FOR THE PURPOSE OF SUPPORTING A WIDE ARRAY OF SERVICES RELATING TO THE ARTS, EDUCATION, ANIMAL WELFARE, PHYSICAL FITNESS AND CHILDREN. THE FOUNDATON OPERATES ITS GRANT-MAKING IN CONNECTION WITH AND IN SUPPORT OF THE MADISON COMMUNITY FOUNDATION (ITS SUPPORTED ORGANIZATION).

Activities or mission (Part I)

TO OPERATE EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTION OF, OR TO CARRY OUT THE PURPOSES OF THE MADISON COMMUNITY FOUNDATION (MCF).

  • THE FOUNDATION DISTRIBUTED $3,097,303 IN GRANTS DURING 2024 TO SUPPORT ITS EXEMPT PURPOSE AND MISSION.

    Expenses $3,124,473 · Grants $3,097,303

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Theresa Dvorak

    PRES., TREAS., DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Carl Dvorak

    VICE PRESIDENT, DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Bob Sorge

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • David Reinecke

    DIRECTOR

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Alyssa Dvorak

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

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

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.

  • IT'S POSSIBLE FOUNDATION INC

    501(C)(3) · CREATION, ADMINISTRATION, & INVESTMENT OF ENDOWMENT FUNDS; CHARITABLE GRANTS · WI

    Directly controlled by NONE

Provenance

Return type
form_990
Tax year
2024
Filed
11 November 2025
IRS schema version
2024v5.2
Source object
202543169349308384

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