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Nonprofiteer
← FOND DU LAC AREA FOUNDATION

Form 990 for tax year 2022

Filed by FOND DU LAC AREA FOUNDATION.

Totals

Total revenue
$3,058,243
Total expenses
$4,080,429
Contributions and grants received
$2,996,161
Grants paid
$3,290,574
Program service revenue
$0
Investment income
$23,001
Other revenue
$39,081
Total assets, end of year
$60,163,927
Total liabilities, end of year
$6,049,355
Net assets or fund balances, end of year
$54,114,572
Program services expenses (Part IX)
$3,497,673
Management and general expenses
$471,582
Fundraising expenses
$111,174
Program service expenses (Part III)
$3,497,673

Program services were 85.7% 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.

  • 1e · Government grants (contributions)

    $106,000

  • 1f · All other contributions, gifts and grants

    $2,890,161

  • 1g · Noncash contributions included above

    $70,585

  • 3 · Investment income

    total $1,129,138 · excluded $1,129,138

  • 6a · Gross rents

    real property $81,301

  • 6b · Less rental expenses

    real property $84,379

  • 6c · Rental income or loss

    real property -$3,078

  • 6d · Net rental income or loss

    total -$3,078 · unrelated business -$3,078

  • 7a · Gross sales of assets other than inventory

    securities $2,375,000

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

    securities $3,481,137

  • 7c · Gain or loss

    securities -$1,106,137

  • 7d · Net gain or loss

    total -$1,106,137 · excluded -$1,106,137

  • 11a · Other revenue: INSURANCE CLAIM

    total $38,457 · excluded $38,457

  • 11b · Other revenue: LIFE INSURANCE GAIN

    total $3,702 · excluded $3,702

  • 11e · Other revenue, total

    $42,159

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $3,004,996 · program services $3,004,996

  • 2 · Grants to domestic individuals

    total $285,578 · program services $285,578

  • 5 · Compensation of officers, directors and key employees

    total $215,274 · program services $60,128 · management and general $117,651 · fundraising $37,495

  • 7 · Other salaries and wages

    total $243,371 · program services $67,976 · management and general $133,006 · fundraising $42,389

  • 8 · Pension plan contributions

    total $16,704 · program services $4,666 · management and general $9,128 · fundraising $2,910

  • 9 · Other employee benefits

    total $27,587 · program services $7,705 · management and general $15,076 · fundraising $4,806

  • 10 · Payroll taxes

    total $30,810 · program services $8,605 · management and general $16,838 · fundraising $5,367

  • 11c · Fees: accounting

    total $15,632 · management and general $15,632

  • 11f · Fees: investment management

    total $83,127 · management and general $83,127

  • 11g · Fees: other

    total $15,186 · program services $4,556 · management and general $9,112 · fundraising $1,518

  • 12 · Advertising and promotion

    total $35,380 · program services $14,152 · management and general $17,690 · fundraising $3,538

  • 13 · Office expenses

    total $2,483 · program services $993 · management and general $1,242 · fundraising $248

  • 14 · Information technology

    total $19,721 · program services $7,888 · management and general $9,861 · fundraising $1,972

  • 19 · Conferences, conventions and meetings

    total $2,298 · program services $1,034 · management and general $1,149 · fundraising $115

  • 20 · Interest

    total $15,421 · program services $6,168 · management and general $7,711 · fundraising $1,542

  • 23 · Insurance

    total $2,491 · program services $696 · management and general $1,361 · fundraising $434

  • 24a · Other expenses: DUES AND PERMITS

    total $31,880 · program services $12,752 · management and general $17,534 · fundraising $1,594

  • 24b · Other expenses: REPAIRS & MAINTENANCE

    total $16,054 · program services $4,483 · management and general $8,774 · fundraising $2,797

  • 24c · Other expenses: SUPPLIES

    total $7,645 · program services $1,226 · management and general $5,561 · fundraising $858

  • 24d · Other expenses: EVENTS

    total $5,546 · program services $2,773 · fundraising $2,773

  • 24e · All other expenses

    total $3,245 · program services $1,298 · management and general $1,129 · fundraising $818

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    beginning of year $319,383 · end of year $191,131

  • 2 · Savings and temporary cash investments

    beginning of year $5,661,450 · end of year $5,534,275

  • 4 · Accounts receivable

    beginning of year $1,500 · end of year $3,000

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

    $802,487

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

    $44,556

  • 10c · Land, buildings and equipment, net

    beginning of year $763,299 · end of year $757,931

  • 11 · Investments: publicly traded securities

    beginning of year $65,819,903 · end of year $53,577,863

  • 12 · Investments: other securities

    beginning of year $96,025 · end of year $99,727

  • 17 · Accounts payable and accrued expenses

    beginning of year $5,442 · end of year $7,127

  • 18 · Grants payable

    beginning of year $50,000 · end of year $500

  • 23 · Secured mortgages and notes payable

    beginning of year $481,002 · end of year $462,825

  • 25 · Other liabilities

    beginning of year $6,220,515 · end of year $5,578,903

  • 27 · Net assets without donor restrictions

    beginning of year $65,904,601 · end of year $54,114,572

Mission and programs · 2022

Mission

CREATING A BETTER COMMUNITY BY PROMOTING PHILANTHROPY, AWARDING EFFECTIVE GRANTS, AND PROVIDING LEADERSHIP ON IMPORTANT COMMUNITY ISSUES TODAY AND FOREVER.

  • Withheld by Nonprofiteer: this text may name a private individual.

    Expenses $3,497,673 · Grants $3,290,574

As filed on the 2022 return. 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

  • Joseph Braun

    EXEC DIR THR

    Total calculated
    $134,675
    From this org
    $124,274
    From related orgs
    $0
    Other
    $10,401
    Hours/week
    50

  • Aaron Sadoff

    CURRENT EXEC

    Total calculated
    $66,600
    From this org
    $58,462
    From related orgs
    $0
    Other
    $8,138
    Hours/week
    40

  • David J Hornung

    CHAIR

    Total calculated
    $14,000
    From this org
    $14,000
    From related orgs
    $0
    Other
    $0
    Hours/week
    40

  • Tripp Ahern

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Sara B Andrew

    SECRETARY

    Total calculated
    $0
    Hours/week
    1

  • Holly Brenner

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Dawn Colwin

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Steve Franke

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Thomas J Gross

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Therese Massey

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Steve G Millin

    TREASURER

    Total calculated
    $0
    Hours/week
    1

  • John Schroeder

    MEMBER

    Total calculated
    $0
    Hours/week
    1

  • Loree L Shady

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    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

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

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.

  • SOPHIA TRANSFORMATIVE LEADERSHIP PARTNERS INC

    C3 · SUP ORG. · WI

    Directly controlled by FDL FDN

  • FOND DU LAC AREA REAL ESTATE AND PERSONAL PROPERTY FOUNDATION INC

    C3 · SUP ORG. · WI

    Directly controlled by FDL FDN

Provenance

Return type
form_990
Tax year
2022
Filed
24 July 2023
IRS schema version
2022v5.0
Source object
202342139349301219

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

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