Form 990 for tax year 2023

Totals

Total revenue

$7,671,849

Total expenses

$4,915,723

Contributions and grants received

$6,141,000

Grants paid

$4,469,433

Program service revenue

$0

Investment income

$1,530,849

Other revenue

$0

Total assets, end of year

$75,283,978

Total liabilities, end of year

$1,432,193

Net assets or fund balances, end of year

$73,851,785

Program services expenses (Part IX)

$4,469,433

Management and general expenses

$446,290

Fundraising expenses

$0

Program service expenses (Part III)

$4,469,433

Program services were 90.9% 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.

Mission and programs · 2023

• SEE SCHEDULE OWEST BEND COMMUNITY FOUNDATION, INC WAS FORMED TO OPERATE AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) AND 509(A)(3) OF THE INTERNAL REVENUE CODE TO SUPPORT GREATER MILWAUKEE FOUNDATION, INC. THE GREATER MILWAUKEE FOUNDATION IS A PUBLIC CHARITY DESCRIBED IN SECTIONS 509(A)(1) OF THE INTERNAL REVENUE CODE.AS SET FORTH IN THE WEST BEND COMMUNITY FOUNDATION, INC.'S ARTICLES OF INCORPORATION, "THE CORPORATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC AND LITERARY PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) AND EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF THE GREATER MILWAUKEE, A WISCONSIN CHARITABLE TRUST ORGANIZED PURSUANT TO A DECLARATION OF TRUST.... INCLUDING THE CARRYING ON OF SUCH OF GREATER MILWAUKEE FOUNDATION'S PROGRAMS AS THE BOARD OF DIRECTORS OF THIS CORPORATION FROM TIME TO TIME DEEM TO BE SUITABLE AND APPROPRIATE.THE PHRASE 'SUCH OF GREATER MILWAUKEE FOUNDATION'S PROGRAMS' MEANS CHARITABLE, RELIGIOUS, EDUCATIONAL, SCIENTIFIC AND LITERARY PROJECT AND ACTIVITIES OF THE KIND THAT GREATER MILWAUKEE FOUNDATION SUPPORTS AND THAT ARE LOCATORED PRIMARILY IN THE GREATER "WEST BEND, WISCONSIN AREA".

  Expenses $4,469,433 · Grants $4,469,433

As filed on the 2023 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

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. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

• KETTLE MORAINE YMCA

  $450,000

  ACCESSIBILITY AND SAFETY UPGRADES

• RONCALLI HIGH SCHOOL

  $333,333

  THE CAPITAL CAMPAIGN

• MUSEUM OF WISCONSIN ART

  $251,261

  2023 ANNUAL OPERATING SUPPORT

• LEGACY NASHVILLE

  $250,000

  LEGACY ACADEMY

• DR HOWARD FULLER COLLEGIATE ACADEMY

  $225,000

  COLLEGE ACCESSABILITY

• VERSITI INC

  $162,500

  VERSITI BLOOD RESEARCH INSTITUTE INVEST IN HOPE CAMPAIGN

• UNITED WAY OF WASHINGTON COUNTY

  $132,604

  IN SUPPORT OF ANNUAL CAMPAIGN PAYABLE IN OCTOBER

• LIVING WORD LUTHERAN HIGH SCHOOL INCORPORATED

  $131,000

  TEACHER EDUCATION

• FAMILY PROMISE OF WASHINGTON COUNTY

  $110,698

  GENERAL OPERATING CYCLE 1 2023

• OZAUKEE CHRISTIAN SCHOOL

  $105,000

  THE LION LEGACY FUND

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.

• GREATER MILWAUKEE FOUNDATION INC

  501(C)(3) · ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS · WI

• HONKAMP FAMILY FOUNDATION

  501(C)(3) · ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS · WI

  Directly controlled by GREATER MILWAUKEE FOUNDATION INC

• STRATTEC FOUNDATION INC

  501(C)(3) · ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS · WI

  Directly controlled by GREATER MILWAUKEE FOUNDATION INC

• HEPBURN BOOTSTRAP FOUNDATION INC

  501(C)(3) · ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS · WI

  Directly controlled by GREATER MILWAUKEE FOUNDATION INC

• GREATER MILWAUKEE FOUNDATION HOLDINGS

  501(C)(3) · ADMINISTRATION OR REAL PROPERTY FOR THE BENEFIT OF GREATER MILWAUKEE FDN · WI

  Directly controlled by GREATER MILWAUKEE FOUNDATION INC

• OCONOMOWOC AREA FOUNDATION INC

  501(C)(3) · ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS · WI

  Directly controlled by GREATER MILWAUKEE FOUNDATION INC

• GREATER CEDARBURG FOUNDATION INC

  501(C)(3) · ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS · WI

  Directly controlled by GREATER MILWAUKEE FOUNDATION INC

Provenance

Return type

form_990

Tax year

2023

Filed

7 November 2024

IRS schema version

2023v5.1

Source object

202413189349305626

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

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