2023-11-13T14:33:45-06:00 2022-12-31 135565207 KPMG LLP 90 S 7TH ST STE 4200 MINNEAPOLIS MN 55402 990 2022-01-01 391948390 HONKAMP FAMILY FOUNDATION HONK 4142725805 101 W PLEASANT 210 MILWAUKEE WI 53212 KEN ROBERTSON ASSISTANT SECRETARY 4142725805 2023-11-09 1 KEN ROBERTSON 999009999 0 MONROE J GIERL P01413237 6123055000 2023-11-09 2 AAL1 IAL1 2022 2023-04-26 12:10:37Z CO GREATER MILWAUKEE FOUNDATION KEN ROBERTSON 101 W PLEASANT 210 MILWAUKEE WI 53212 3315618 0 X N/A X 1998 WI SEE SCHEDULE O 9 9 0 0 0 0 0 990240 0 0 385122 244413 0 0 385122 1234653 15000 240000 0 0 0 0 0 0 0 49911 49669 64911 289669 320211 944984 4325541 4336976 13000 0 4312541 4336976 X SEE SCHEDULE O 0 0 240000 240000 0 SEE SCHEDULE OTHE HONKAMP FAMILY FOUNDATION WAS FORMED TO OPERATE AS A SUPPORTING ORGANIZATION DESCRIBED IN SECTIONS 501(C)(3) OF THE INTERNAL REVENUE CODE TO RECEIVE CONTRIBUTIONS FROM MICHAEL HONKAMP, KEVIN HONKAMP, LYNN BYRNE (ALL 3 ARE HONKAMP FAMILY MEMBERS), AND MEMBERS OF THEIR FAMILIES, AND DISTRIBUTE THEM IN SUPPORT OF GREATER MILWAUKEE FOUNDATION. GREATER MILWAUKEE FOUNDATION IS A PUBLIC CHARITY DESCRIBED IN SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE.AS SET FORTH IN THE HONKAMP FAMILY FOUNDATION'S DECLARATION OF TRUST, "HONKAMP FAMILY FOUNDATION IS ORGANIZED AND SHALL BE OPERATED EXCLUSIVELY FOR CHARITABLE AND EDUCATIONAL PURPOSES...FOR THE EXCLUSIVE BENEFIT OF, GREATER MILWAUKEE FOUNDATION CORPORATION...AND TO SUPPORT ITS RELATED PROGRAMS AND ACTIVITIES CONSISTENT WITH THE GOALS IMPLIED IN ITS MISSION STATEMENT." GREATER MILWAUKEE FOUNDATION'S MISSION IS TO PROMOTE THE BETTERMENT OF THE GREATER MILWAUKEE COMMUNITY AND THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ALL ITS CITIZENS. THE HONKAMP FAMILY FOUNDATION WILL FOCUS ITS GRANTMAKING ON ORGANIZATIONS SUPPORTING JOB SERVICES, COMMUNITY ENHANCEMENT, AND CHILDREN AND YOUTH. 240000 1 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 1 0 0 1 0 0 0 0 1 0 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 X GREATER MILWAUKEE FOUNDATION 4142725805 101 W PLEASANT 210 MILWAUKEE WI 53212 MOLLY HONKAMP TRUSTEE 1.00 0.00 X 0 0 0 LYNN DEFRANCESCO-BYRNE TRUSTEE 1.00 0.00 X 0 0 0 KEVIN HONKAMP TRUSTEE/CHAIR 1.00 0.00 X X 0 0 0 MICHAEL HONKAMP II TRUSTEE/SECRETARY 1.00 0.00 X X 0 0 0 GREGORY WESLEY TRUSTEE 1.00 0.00 X 0 0 0 RALPH HOLLMON TRUSTEE 1.00 0.00 X 0 0 0 LINDA MELLOWES TRUSTEE 1.00 0.00 X 0 0 0 PAUL TILLEMAN TRUSTEE (END 12/22) 1.00 0.00 X 0 0 0 RAFAEL ACEVEDO TRUSTEE 1.00 0.00 X 0 0 0 NOLETTA JANSEN TRUSTEE 1.00 0.00 X 0 0 0 ELLEN GILLIGAN ASSISTANT SECRETARY 0.00 40.00 X 0 335274 67319 KEN ROBERTSON COO/CFO 0.00 40.00 X 0 214320 28654 0 549594 95973 0 0 1 0 0 990240 990240 990240 98869 98869 2226509 2080965 145544 145544 145544 1234653 0 0 244413 240000 240000 10706 10706 ADMIN FEES 38391 38391 CUSTODIAL FEES 572 572 289669 240000 49669 0 0 0 0 923274 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 4325541 3407218 0 0 0 0 0 0 0 6484 4325541 4336976 0 0 13000 0 0 0 0 0 0 0 0 0 0 0 0 0 13000 0 X 4312541 4336976 0 0 4312541 4336976 4325541 4336976 944984 -920549 0 X 0 1 X 1 0 X X 1 GREATER MILWAUKEE FOUNDATION INC 396036407 8 1 0 0 1 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 4312541 990240 -676136 240000 49669 4336976 3667972 0 709479 15000 49910 4312541 2351418 992802 501777 149000 29025 3667972 2065556 442194 130000 26332 2351418 2321367 -218865 10000 26946 2065556 1.00000 0 0 0 X PART V, LINE 4: ALL ENDOWMENT FUNDS ARE INVESTED TO GENERATE A PERMANENT SOURCE OF INCOME. THE INVESTED PRINCIPAL OF THE ENDOWMENT FUNDS CAN BE USED FOR GRANTMAKING AS REQUESTED BY THE DONORS UP TO A MINIMUM BALANCE. THERE ARE NO TIMING RESTRICTIONS ON ANY OF THE ENDOWED ASSETS. PART X, LINE 2: THE FOUNDATION FOLLOWS THE PROVISIONS OF FINANCIAL ACCOUNTING STANDARDS BOARD (FASB) ACCOUNTING STANDARDS CODIFICATION (ASC) TOPIC 740, INCOME TAXES, WHICH CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN A COMPANY'S FINANCIAL STATEMENTS. ASC TOPIC 740 PRESCRIBES A MORE-LIKELY THAN-NOT RECOGNITION THRESHOLD AND MEASUREMENT ATTRIBUTE FOR THE FINANCIAL STATEMENT RECOGNITION AND MEASUREMENT OF A TAX POSITION TAKEN OR EXPECTED TO BE TAKEN. UNDER ASC TOPIC 740, TAX POSITIONS WILL BE EVALUATED FOR RECOGNITION, DERECOGNITION, AND MEASUREMENT USING CONSISTENT CRITERIA AND WILL PROVIDE MORE INFORMATION ABOUT THE UNCERTAINTY IN INCOME TAX ASSETS AND LIABILITIES. THE FOUNDATION DOES NOT HAVE A LIABILITY RECORDED FOR UNRECOGNIZED TAX BENEFITS. 1 CENTER FOR URBAN TEACHING 2600 W WISCONSIN AVE MILWAUKEE WI 532331817 454089356 501(C)(3) 100000 0 THE SUMMER SCHOOL TEACHING PROGRAM CITY FORWARD COLLECTIVE 111 W PLEASANT ST STE 101 MILWAUKEE WI 532123905 391590212 501(C)(3) 15000 0 SUSTAINING SUPPORT MILWAUKEE ACADEMY OF SCIENCE 2000 W KILBOURN AVE MILWAUKEE WI 53233 391974865 501(C)(3) 50000 0 THE CAPITAL CAMPAIGN ROCKETSHIP EDUCATION WISCONSIN INC 350 TWIN DOLPHIN DR STE 109 REDWOOD CITY CA 940651458 900951861 501(C)(3) 50000 0 THE 2022 ROCKETSHIP MILWAUKEE PUBLIC SCH ST MARCUS LUTHERAN CHURCH 2215 N PALMER ST MILWAUKEE WI 532123242 390850377 501(C)(3) 25000 0 THE HARAMBEE CAMPUS MATCHING CAMPAIGN 5 0 PART I, LINE 2: THE TRUSTEES OF THE HONKAMP FAMILY FOUNDATION ARE VERY FAMILIAR WITH THE GRANTEES AND PREDETERMINE THAT THE GRANTEE AGENCIES ARE QUALIFIED TO RECEIVE GRANT PAYMENTS. IN ADDITION, THE STAFF OF THE GREATER MILWAUKEE FOUNDATION VERIFY THE 501(C)(3) STATUS OF THE AGENCIES AND VERIFY THAT THE AGENCIES FURTHER THE CHARITABLE PURPOSES OF THE GREATER MILWAUKEE FOUNDATION. 1 0 0 0 0 0 0 0 0 0 ELLEN GILLIGAN ASSISTANT SECRETARY 0 335274 0 0 0 0 0 49663 0 17656 0 402593 0 0 KEN ROBERTSON COO/CFO 0 214320 0 0 0 0 0 18766 0 9888 0 242974 0 0 MIKE HONKAMP TRUSTEE 10706 MANAGEMENT 0 SCH L, PART IV, BUSINESS TRANSACTIONS INVOLVING INTERSTED PERSONS: (A) NAME OF PERSON: MIKE HONKAMP(D) DESCRIPTION OF TRANSACTION: MANAGEMENT FEE SCH L, PART IV MIKE HONKAMP, ONE OF THE CURRENT TRUSTEES OF HONKAMP FAMILY FOUNDATION, IS A KEY EMPLOYEE OF DANA INVESTMENT ADVISORS, WHO IS THE INVESTMENT MANAGER FOR HONKAMP FAMILY FOUNDATION. HONKAMP FAMILY FOUNDATION PAYS INVESTMENT MANAGEMENT FEES TO DANA INVESTMENT ADVISORS. THE INVESTMENT MANAGEMENT FEE IS BASED ON A PERCENTAGE OF MARKET VALUE OF THE INVESTMENTS ABOVE $1 MILLION. HONKAMP FAMILY FOUNDATION PAID $10,706 TO DANA INVESTMENT ADVISORS IN 2022. X 1 990240 MARKET VALUE 0 1 0 SCHEDULE M, PART I, COLUMN (B) HONKAMP FAMILY FOUNDATION IS REPORTING NUMBER OF CONTRIBUTORS RATHER THAN NUMBER OF INDIVIDUAL ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION A, LINE 2 MIKE HONKAMP II - TRUSTEE KEVIN HONKAMP - TRUSTEE LYNN BYRNE - TRUSTEE MOLLY HONKAMP - TRUSTEE RELATIONSHIP: COUSINS FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS REVIEWED BY THE BOARD MEMBERS OF THE SUPPORTED ORGANIZATION - GREATER MILWAUKEE FOUNDATION, INC. BEFORE IT IS FILED. FORM 990, PART VI, SECTION B, LINE 12C THE CONFLICT OF INTEREST QUESTIONNAIRES COMPLETED BY ALL TRUSTEES, OFFICERS, DIRECTORS, AND KEY EMPLOYEES ARE REVIEWED BY THE CHIEF FINANCIAL OFFICER OF THE GREATER MILWAUKEE FOUNDATION, INC. - THE SUPPORTED ORGANIZATION, ANNUALLY. FORM 990, PART VI, SECTION B, LINE 15 SINCE THE FILING ORGANIZATION DOES NOT PAY COMPENSATION THE FOLLOWING INFORMATION APPLIES TO HOW THE SUPPORTED ORGANIZATION (THE GREATER MILWAUKEE FOUNDATION) OF THE FILING ORGANIZATION DETERMINES COMPENSATION FOR THE PERSONS SERVING AS DIRECTORS AND OFFICERS OF THE FILING ORGANIZATION: THE ADMIN & AUDIT COMMITTEE OF THE GREATER MILWAUKEE FOUNDATION WILL ANNUALLY REQUEST COMPARABLE COMPENSATION DATA FROM THE GMF VICE PRESIDENT, HUMAN RESOURCES AND ORGANIZATIONAL LEARNING (VP, HROL) FOR THE PRESIDENT AND CHIEF EXECUTIVE OFFICER (CEO) POSITION AT THE FOUNDATION. THE COMPARABLE COMPENSATION DATA WILL GENERALLY COME FROM SALARY SURVEY DATA PROVIDED BY THE COUNCIL ON FOUNDATIONS AND SPECIFIC COMPARABLES OBTAINED FROM OTHER SURVEYS SUCH AS MRA, THE NON PROFIT SURVEY CONDUCTED BY MRA, AND GUIDESTAR POSTED 990'S. THE VP, HROL WILL SITE COMPARABLES IN A REPORT AND REFERENCE WHERE DATA WAS OBTAINED. THE ADMIN & AUDIT COMMITTEE WILL REVIEW THE COMPARABLE DATA AND MAKE A RECOMMENDATION TO THE CHAIRMAN OF THE BOARD AND THEN TO THE FULL BOARD FOR ANY CHANGES IN THE CEO'S COMPENSATION, WITHOUT PARTICIPATION OR DISCUSSION WITH THE CEO. THE CEO MAY ANSWER QUESTIONS OF THE BOARD THAT MAY BE USED IN LATER DELIBERATIONS AND DECISION-MAKING. THE BOARD MUST DOCUMENT THE BASIS FOR DETERMINATION OF THE CEO'S SALARY. THE DOCUMENTATION MUST CONTAIN THE DATE AND TERMS OF THE COMPENSATION TRANSACTION, THE MEMBERS PRESENT FOR THE DECISION, AND WHAT COMPARABLE DATA WAS USED FOR THE DECISION. THE ADMIN & AUDIT COMMITTEE WILL BE PROVIDED WITH A TEMPLATE TO THE DOCUMENT PROCESS AND DECISION. THE ADMIN & AUDIT COMMITTEE WILL DRIVE THE PROCESS FOR DECISION-MAKING AND ASSURE THE DOCUMENTATION IS OBTAINED AND RECORDED IN BOTH THE BOARD MINUTES AND THE PERSONNEL FILE OF THE CEO. A SIMILAR PROCESS WILL BE USED FOR OTHER POSITIONS WITHIN THE FOUNDATION. HOWEVER, IT WILL BE THE CEO AND THE VP, HROL CONFERRING ON THESE OTHER POSITIONS. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GREATER MILWAUKEE FOUNDATION INC 101 W PLEASANT 210 MILWAUKEE WI 53212 396036407 ISSUING GRANTS TO OTHER NONPTOFIT ORGANIZATIONS WI 501(C)(3) LINE 8 N/A 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0