Form 990 for tax year 2022
Filed by UW-STOUT POLYTECHNIC FOUNDATION AND ALUMNI ASSOCIATION INC.
Totals
- Total revenue
- $8,732,947
- Total expenses
- $4,390,088
- Contributions and grants received
- $4,764,279
- Grants paid
- $3,014,218
- Program service revenue
- $0
- Investment income
- $3,880,158
- Other revenue
- $88,510
- Total assets, end of year
- $82,806,182
- Total liabilities, end of year
- $896,129
- Net assets or fund balances, end of year
- $81,910,053
- Program services expenses (Part IX)
- $3,014,218
- Management and general expenses
- $820,187
- Fundraising expenses
- $555,683
- Program service expenses (Part III)
- $3,014,218
Program services were 68.7% 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.
-
1f · All other contributions, gifts and grants
$4,764,279
-
1g · Noncash contributions included above
$286,336
-
3 · Investment income
total $1,754,177 · excluded $1,754,177
-
5 · Royalties
total $19,919 · excluded $19,919
-
6a · Gross rents
real property $1,800
-
6b · Less rental expenses
real property $0
-
6c · Rental income or loss
real property $1,800
-
6d · Net rental income or loss
total $1,800 · excluded $1,800
-
7a · Gross sales of assets other than inventory
securities $31,081,363
-
7b · Less cost or other basis and sales expenses
securities $28,955,382
-
7c · Gain or loss
securities $2,125,981
-
7d · Net gain or loss
total $2,125,981 · excluded $2,125,981
-
11d · All other revenue
total $66,791 · excluded $66,791
-
11e · Other revenue, total
$66,791
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $1,779,382 · program services $1,779,382
-
2 · Grants to domestic individuals
total $1,234,836 · program services $1,234,836
-
11a · Fees: management
total $963,135 · management and general $483,754 · fundraising $479,381
-
11c · Fees: accounting
total $35,120 · management and general $35,120
-
11f · Fees: investment management
total $122,045 · management and general $122,045
-
11g · Fees: other
total $37,781 · management and general $37,781
-
12 · Advertising and promotion
total $37,812 · management and general $1,385 · fundraising $36,427
-
13 · Office expenses
total $38,049 · management and general $34,344 · fundraising $3,705
-
14 · Information technology
total $81,148 · management and general $76,718 · fundraising $4,430
-
16 · Occupancy
total $6,000 · management and general $6,000
-
17 · Travel
total $20,875 · management and general $2,377 · fundraising $18,498
-
19 · Conferences, conventions and meetings
total $23,179 · management and general $9,937 · fundraising $13,242
-
23 · Insurance
total $10,193 · management and general $10,193
-
24e · All other expenses
total $533 · management and general $533
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $28,210 · end of year $552,343
-
2 · Savings and temporary cash investments
beginning of year $98,417 · end of year $14,803
-
3 · Pledges and grants receivable
beginning of year $1,946,939 · end of year $2,790,914
-
9 · Prepaid expenses and deferred charges
beginning of year $65,434 · end of year $87,860
-
10a · Land, buildings and equipment: cost or other basis
$284,094
-
10b · Land, buildings and equipment: accumulated depreciation
$78,404
-
10c · Land, buildings and equipment, net
beginning of year $205,690 · end of year $205,690
-
11 · Investments: publicly traded securities
beginning of year $69,908,750 · end of year $75,882,427
-
12 · Investments: other securities
beginning of year $2,298,154 · end of year $3,006,513
-
15 · Other assets
beginning of year $305,474 · end of year $265,632
-
17 · Accounts payable and accrued expenses
beginning of year $372,090 · end of year $429,866
-
25 · Other liabilities
beginning of year $474,535 · end of year $466,263
-
27 · Net assets without donor restrictions
beginning of year $8,318,239 · end of year $9,821,098
-
28 · Net assets with donor restrictions
beginning of year $65,692,204 · end of year $72,088,955
Mission and programs · 2022
Mission
THE STOUT UNIVERSITY FOUNDATION, INC. CULTIVATES RELATIONSHIPS BETWEEN UW-STOUT AND ITS VARIOUS CONSTITUENCIES FOR THEIR MUTUAL BENEFIT. IT SUPPORTS THE MISSION AND GOALS OF UW-STOUT THROUGH THE ACQUISTION AND STEWARDSHIP OF RESOURCES.
Activities or mission (Part I)
THE STOUT UNIVERSITY FOUNDATION, INC. CULTIVATES RELATIONSHIPS BETWEEN UW-STOUT AND ITS VARIOUS CONSTITUENCIES FOR THEIR MUTUAL BENEFIT. IT SUPPORTS THE MISSION AND GOALS OF UW-STOUT THROUGH THE ACQUISITION AND STEWARDSHIP OF RESOURCES.
-
FUNDS PROVIDED TO UW-STOUT TO FUND A CHAIR, ACADEMIC CENTERS, AND VARIOUS OTHER PROJECTS FOR PROGRAMS AND DEPARTMENTS AT UW-STOUT.
Expenses $1,604,832 · Grants $1,604,832
-
SCHOLARSHIPS WERE AWARDED TO 673 UNIVERSITY OF WISCONSIN-STOUT STUDENTS.
Expenses $1,234,836 · Grants $1,234,836
-
FUNDS PROVIDED TO THE STOUT ALUMNI ASSOCIATION TO ADVANCE THE INTEREST AND EFFECTIVENESS OF THE UNIVERSITY OF WISCONSIN-STOUT AND STRENGTHEN THE TIES BETWEEN ALUMNI AND THE UNIVERSITY OF WISCONSIN-STOUT.
Expenses $174,550 · Grants $174,550
As filed on the 2022 return.
Listed in Part VII
-
Randolph Morrissette IIRANDOLPH MORRISSETTE II
PRESIDENT
- Total calculated
- $0
- Hours/week
- 2
-
Linda FunkLINDA FUNK
VICE PRESIDENT
- Total calculated
- $0
- Hours/week
- 1
-
Gregory ElseGREGORY ELSE
TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
Tim SeichterTIM SEICHTER
SECRETARY
- Total calculated
- $0
- Hours/week
- 1
-
Lora BenrudLORA BENRUD
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Dale BohnertDALE BOHNERT
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary DanglerMARY DANGLER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Larry GravesLARRY GRAVES
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve HoisingtonSTEVE HOISINGTON
MEMBER (THRU 10/2022)
- Total calculated
- $0
- Hours/week
- 0.5
-
Marcia JanteMARCIA JANTE
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
William KempWILLIAM KEMP
MEMBER (THRU 2/2023)
- Total calculated
- $0
- Hours/week
- 0.5
-
Lauren MarteyLAUREN MARTEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Carol MooneyCAROL MOONEY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Gina NorlingGINA NORLING
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Dallas OlsonDALLAS OLSON
MEMBER (THRU 2/2023)
- Total calculated
- $0
- Hours/week
- 0.5
-
Kimberly PolzinKIMBERLY POLZIN
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Steve SizemoreSTEVE SIZEMORE
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Lacey SmithLACEY SMITH
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
John StahmerJOHN STAHMER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Nikki StephanyNIKKI STEPHANY
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Mary Van HoutMARY VAN HOUT
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Lou WelterLOU WELTER
MEMBER
- Total calculated
- $0
- Hours/week
- 0.5
-
Katharine ReedKATHARINE REED
EXECUTIVE DIRECTOR
- Total calculated
- $0
- Hours/week
- 16
-
William JohnsonWILLIAM JOHNSON
EXECUTIVE DIRECTOR (THRU 2/2023)
- Total calculated
- $0
- Hours/week
- 10
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 - STOUT
$1,604,832
ASSISTANCE PROVIDED TO THE UNIVERSITY OF WISCONSIN-STOUT, WHICH IS THE REASON FOR THE FOUNDATION'S EXISTENCE.
-
STOUT ALUMNI ASSOCIATION
$174,550
ADVANCE THE INTEREST AND EFFECTIVENESS OF UW STOUT AND STRENGTHEN TIES BETWEEN ALUMNI AND THE UNIVERSITY OF WI STOUT.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 26 October 2023
- IRS schema version
- 2022v5.0
- Source object
- 202323039349300792
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