2025-11-11T15:31:15-06:00 2024-12-31 135565207 KPMG LLP 350 NORTH 5TH ST STE 600 MINNEAPOLIS MN 55401 990 2024-01-01 391948390 HONKAMP FAMILY FOUNDATION HONK 4142725805 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 YELENA CHESTER ASSISTANT SECRETARY 4142725805 2025-11-07 1 0 SOPHIE R KING P02233384 6123055000 2025-11-07 2024 2025-03-06 01:10:19Z CO GREATER MILWAUKEE FOUNDATION YELENA CHESTER 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 3630158 0 X N/A X 1998 WI SEE SCHEDULE O 9 9 0 0 0 0 0 1000000 0 0 194708 243954 0 0 194708 1243954 205000 535000 0 0 0 0 0 0 0 52452 55520 257452 590520 -62744 653434 4724530 5951373 40000 220000 4684530 5731373 X SEE SCHEDULE O 0 0 535000 535000 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. 535000 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 0 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 INC 4142725805 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 MAGGIE 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 RAFAEL ACEVEDO TRUSTEE 1.00 0.00 X 0 0 0 NOLETTA JANSEN TRUSTEE 1.00 0.00 X 0 0 0 KEN ROBERTSON ASSISTANT SECRETARY (END 8/24) 1.00 39.00 X 0 176226 23523 YELENA CHESTER ASSISTANT TREASURER (START 8/24) 1.00 39.00 X 0 130942 39382 0 307168 62905 0 0 1 0 0 1000000 1000000 149836 149836 2480322 2386204 94118 94118 94118 1243954 0 0 243954 535000 535000 15417 15417 ADMIN FEES 39173 39173 CUSTODIAL FEES 930 930 590520 535000 55520 0 117040 750927 4592859 5192029 14631 8417 4724530 5951373 40000 220000 40000 220000 X 4684530 5731373 4684530 5731373 4724530 5951373 653434 393409 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 4684530 1000000 637363 535000 55520 5731373 4336976 605006 205000 52452 4684530 4312541 990240 -676136 240000 49669 4336976 3667972 709479 15000 49910 4312541 2351418 992802 501777 149000 29025 3667972 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 GREATER MILWAUKEE FOUNDATION 2153 N DR MARTIN LUTHER KING JR DRIVE SUITE 4000 MILWAUKEE WI 53212 396036407 501(C)(3) 200000 0 SUSTAINING SUPPORT MALAIKA EARLY LEARNING CENTER 125 W AUER AVENUE MILWAUKEE WI 53212 392021628 501(C)(3) 200000 0 SUSTAINING SUPPORT CENTER FOR URBAN TEACHING 2600 W WISCONSIN AVENUE MILWAUKEE WI 53233 454089356 501(C)(3) 125000 0 THE SUMMER SCHOOL TEACHING PROGRAM ACTS COMMUNITY DEVELOPMENT CORPORATION 2414 W VLIET ST MILWAUKEE WI 53205 391837474 501(C)(3) 10000 0 NEIGHBORHOOD TABLE MATCH 4 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 KEN ROBERTSON ASSISTANT SECRETARY (END 8/24) 0 176226 0 0 0 0 0 15606 0 7917 0 199749 0 0 YELENA CHESTER ASSISTANT TREASURER (START 8/24) 0 130942 0 0 0 0 0 11713 0 27669 0 170324 0 0 MIKE HONKAMP TRUSTEE 15417 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 $15,417 TO DANA INVESTMENT ADVISORS IN 2024. 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 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 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 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 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 GREATER CEDARBURG FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 392008146 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 CREAM CITY FOUNDATION INC 2153 N DR MARTIN LUTHER KING JR DR MILWAUKEE WI 53212 391416063 ISSUING GRANTS TO OTHER NONPROFIT ORGANIZATIONS WI 501(C)(3) LINE 12A, I GREATER MILWAUKEE FOUNDATION INC 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0