2024-11-13T11:56:35-06:00 2023-12-31 135565207 KPMG LLP 350 NORTH 5TH ST STE 600 MINNEAPOLIS MN 55401 990 2023-01-01 392008146 GREATER CEDARBURG FOUNDATION INC C/O GREATER MILWAUKEE FOUNDATION INC GREA 4142725805 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 YELENA CHESTER ASSISTANT TREASURER 4142725805 2024-11-07 1 0 MONROE J GIERL P01413237 6123055000 2024-11-07 2023 2024-10-15 13:58:12Z X YELENA CHESTER 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 2175378 0 X WWW. GREATERMILWAUKEEFOUNDATION. ORG X 2001 WI SEE SCHEDULE O 14 14 0 0 0 0 213832 209843 0 0 201918 244479 0 0 415750 454322 265243 159385 0 0 0 0 0 0 21748 117835 125494 383078 284879 32672 169443 7204518 7949900 45750 22750 7158768 7927150 X SEE SCHEDULE O 0 0 159385 159385 0 SEE SCHEDULE OGREATER CEDARBURG 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 GREATER CEDARBURG'S ARTICLES OF INCORPORATION, "THE CORPORATION IS ORGANIZED AND SHALL AT ALL TIMES HEREAFTER BE OPERATED, EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, SCIENTIFIC LITERARY AND EDUCATIONAL PURPOSES WITHIN THE MEANING OF SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND EXCLUSIVELY FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF AND/OR TO CARRY OUT THE PURPOSES OF THE GREATER MILWAUKEE FOUNDATION BY FACILITATING GREATER MILWAUKEE FOUNDATION'S PROGRAMS WITHIN THE CEDARBURG AREA. SUCH PURPOSES MAY INCLUDE, BUT ARE NOT LIMITED TO, SOLICITING AND RECEIVING CONTRIBUTIONS AND BEQUESTS OF AN ENDOWMENT OR CAPITAL NATURE TO CARRY OUT GREATER MILWAUKEE FOUNDATION'S PROGRAMS BY SUPPORTING CHARITABLE ORGANIZATIONS AND PROGRAMS WITHIN THE CEDARBURG AREA. THE CORPORATION MAY ACCOMPLISH ITS PURPOSES DIRECTLY OR BY MAKING GRANTS OR OTHER PAYMENTS FOR CHARITABLE PURPOSES TO THIRD PARTIES." 159385 1 1 0 0 0 1 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 0 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 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 WI X GREATER MILWAUKEE FOUNDATION 4142725805 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 JOE RINTLEMAN TREASURER 1.00 0.00 X X 0 0 0 MARK LANGHOLZ DIRECTOR (END 6/23) 1.00 0.00 X 0 0 0 ROB HELF DIRECTOR 1.00 0.00 X 0 0 0 KIP KINZEL DIRECTOR 1.00 0.00 X 0 0 0 KEVIN KENNEDY DIRECTOR 1.00 0.00 X 0 0 0 JOEL DYKSTRA DIRECTOR 1.00 0.00 X 0 0 0 KRISIE AUGUSTINE-MANSELL DIRECTOR 1.00 0.00 X 0 0 0 JEFF JANZA DIRECTOR 1.00 0.00 X 0 0 0 VINCE CAMERANESI DIRECTOR 1.00 0.00 X 0 0 0 BLAINE GIBSON DIRECTOR (END 6/23) 1.00 0.00 X 0 0 0 KATIE PIPCORN DIRECTOR 1.00 0.00 X 0 0 0 LAUREN MCMILLAN DIRECTOR 1.00 0.00 X 0 0 0 RYAN FITTING DIRECTOR (START 6/23) 1.00 0.00 X 0 0 0 PATTY HANSEN DIRECTOR (START 6/23) 1.00 0.00 X 0 0 0 JOHN KATZKA DIRECTOR (START 6/23) 1.00 0.00 X 0 0 0 JACK STEINBRECKER DIRECTOR 1.00 0.00 X 0 0 0 ELLEN GILLIGAN ASSISTANT SECRETARY 0.00 40.00 X 0 324970 57748 KEN ROBERTSON ASSISTANT TREASURER 0.00 40.00 X 0 201605 29243 0 526575 86991 0 0 1 0 0 1000 208843 88526 209843 115132 115132 1850403 1721056 129347 129347 129347 454322 0 0 244479 159385 159385 6425 6425 3827 3827 2625 2625 43496 21748 21748 ADMIN FEES PAID TO GMF 60442 60442 PRINTING 6255 6255 CUSTODIAL FEES 2275 2275 FEES FOR SERVICES 149 149 284879 159385 103746 21748 0 0 714141 267545 0 0 0 0 0 0 0 0 0 0 0 0 1265 1000 0 0 0 0 6489112 7681355 0 0 0 0 0 0 0 0 7204518 7949900 45750 22750 0 0 0 0 0 0 0 0 0 0 0 0 0 0 45750 22750 X 7158768 7927150 0 0 7158768 7927150 7204518 7949900 169443 598939 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 6 73200 93000 1590182 1 1 7056344 144897 838957 159385 68414 7812399 8421047 214070 -1231251 265743 81779 7056344 7115042 395299 1207958 218358 78894 8421047 5956158 596047 833639 217800 53002 7115042 5284021 215435 817761 307433 53626 5956158 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 ADVENT LUTHERAN CHURCH W63N642 WASHINGTON AVE CEDARBURG WI 530129128 390968238 501(C)(3) 23000 0 $3000 TO BENEFIT MABO, $20,000 SUSTAINING SUPPORT CEDARBURG CULTURAL CENTER W62N546 WASHINGTON AVE CEDARBURG WI 53012 391558200 501(C)(3) 16000 0 THE CEDARBURG CULTURAL CENTER PARKING LOT LIGHTING REQUEST CEDARBURG PUBLIC LIBRARY W63 N589 HANOVER AVE CEDARBURG WI 530121969 396005410 GOVERNMENT 9070 0 EARLY LITERACY STATIONS EMMANUEL LUTHERAN CHURCH 777 MOORING LINE DR NAPLES FL 341024715 591377616 501(C)(3) 22500 0 $2500 TO BENEFIT HABITAT FOR HUMANITY, $20,000 SUSTAINING SUPPORT FAMILY PROMISE OF OZAUKEE COUNTY INC 136 W GRAND AVE WASHINTON WI 530742217 464227704 501(C)(3) 15000 0 PORTLIGHT HOMELESS SHELTER: CHILDREN'S OUTDOOR PLAYGROUND MEQUON-THIENSVILLE SCHOOL DISTRICT 5000 W MEQUON RD MEQUON WI 530922044 391167661 GOVERNMENT 5615 0 THE JEAN AND DENNIS SCHRANK SCHOLARSHIP AT HOMESTEAD HIGH SCHOOL OZAUKEE COUNTY HISTORICAL SOCIETY PO BOX 206 N57 W6404 CENTER STREET CEDARBURG WI 53012 391126207 501(C)(3) 7500 0 RESTORATION OF THE 1940 MILWAUKEE ROAD CABOOSE PURDUE FOR LIFE FOUNDATION 403 WEST WOOD ST WEST LAFAYETTE IN 479072007 351052049 501(C)(3) 10000 0 THE BENEFIT OF JOHN PURDUE CLUB OLYMPIAN LEVEL 8 0 PART I, LINE 2: THE DIRECTORS OF THE GREATER CEDARBURG AREA FOUNDATION, INC. 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 324970 0 0 0 0 0 38696 0 19052 0 382718 0 0 KEN ROBERTSON ASSISTANT TREASURER 0 201605 0 0 0 0 0 18720 0 10523 0 230848 0 0 X 1 73200 FMV X OTHER 30 15326 MARKET VALUE 0 0 0 PART I, COLUMN (B): GREATER CEDARBURG FOUNDATION, INC. IS REPORTING THE NUMBER OF CONTRIBUTORS RATHER THAN THE NUMBER OF INDIVIDUAL ITEMS CONTRIBUTED. FORM 990, PART VI, SECTION B, LINE 11B FORM 990 IS PRESENTED FOR REVIEW TO 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 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 AND 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 GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS ARE AVAILABLE TO THE PUBLIC UPON REQUEST. GREATER MILWAUKEE FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 396036407 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 8 0 HONKAMP FAMILY FOUNDATION 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 391948390 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 STRATTEC FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 391890894 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 WEST BEND COMMUNITY FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 391971548 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 HEPBURN BOOTSTRAP FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 391983506 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 GREATER MILWAUKEE FOUNDATION HOLDINGS 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 200423761 ADMINISTRATION OR REAL PROPERTY FOR THE BENEFIT OF GREATER MILWAUKEE FDN WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 OCONOMOWOC AREA FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 753266194 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 0 0 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0