2024-05-02T16:09:08-05:00 2023-12-31 390912608 HAWKINS ASH CPAS LLP 101 WEST 29TH STREET SUITE 101 MARSHFIELD WI 544495250 990 2023-01-01 473441083 MARSHFIELD AREA COMMUNITY FOUNDATION INC MARS 7153849029 211 E SECOND ST MARSHFIELD WI 54449 STACEY SCHULTZ EXECUTIVE DIRECTOR 7153849029 2024-05-02 1 STACEY SCHULTZ 999009999 1 MATTHEW P ECKELBERG CPA P00583770 7153871131 2024-04-26 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z STACEY SCHULTZ 211 E SECOND ST MARSHFIELD WI 54449 8215883 0 X WWW.MARSHFIELD.FOUNDATION X 2016 WI CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER TO ENRICH THE QUALITY OF LIFE IN THE MARSHFIELD AREA. 14 14 3 21 0 0 1220672 2224957 0 0 349557 500466 3250 3329 1573479 2728752 1722678 1753669 0 0 122507 135984 0 0 22930 127552 146264 1972737 2035917 -399258 692835 13640166 15813441 357891 412369 13282275 15401072 CONNECTING PEOPLE WHO CARE WITH CAUSES THAT MATTER. 0 0 1830283 1753669 FUNDS WERE DISTRIBUTED TO VARIOUS PEOPLE/ORGANIZATIONS FOR SCHOLARSHIPS AND GRANTS TO BE USED EXCLUSIVELY FOR EDUCATIONAL, RECREATIONAL, ARTISTIC, CONSERVATION, AND COMMUNITY DEVELOPMENT BASED ON THE RESTRICTIONS OF THE DONOR FUND. 1830283 1 1 0 0 0 1 0 0 0 1 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 14 0 1 3 1 0 0 0 0 0 0 0 0 0 0 X 14 14 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 1 1 0 WI X STACEY SCHULTZ 7153849029 211 E 2ND STREET SUITE 2 MARSHFIELD WI 54449 DR BRIAN PARKER IMMEDIATE PAST PRESIDENT 1.00 X 0 0 0 JUSTIN CASPERSON PRESIDENT 1.00 X X 0 0 0 DR RYAN CHRISTIANSON VICE PRESIDENT 1.00 X X 0 0 0 LORI GROPP TREASURER 1.00 X X 0 0 0 LORI BELONGIA SECRETARY 1.00 X X 0 0 0 BEN BAUER DIRECTOR 1.00 X 0 0 0 CHRIS DAMERELL DIRECTOR 1.00 X 0 0 0 DANNY HALAN DIRECTOR 1.00 X 0 0 0 TONY INIGUEZ DIRECTOR 1.00 X 0 0 0 TERRY FRANKLAND DIRECTOR 1.00 X 0 0 0 DR ALEX LENDVED DIRECTOR 1.00 X 0 0 0 DR RACHEL STANKOWSKI DIRECTOR 1.00 X 0 0 0 DR ANTHONY ANDREWS DIRECTOR 1.00 X 0 0 0 NICHOLAS KUMM DIRECTOR 1.00 X 0 0 0 JIM BARTELT DIRECTOR 1.00 X 0 0 0 CAROLYN SCHULEIN DIRECTOR 1.00 X 0 0 0 STACEY SCHULTZ EXECUTIVE DIRECTOR 40.00 X 74392 0 2232 74392 0 2232 0 0 0 0 0 2224957 1031 2224957 301185 301185 5686412 5487131 199281 199281 199281 OTHER INCOME 525920 3329 3329 3329 2728752 3329 0 500466 1414791 1414791 338878 338878 74392 34220 35708 4464 48418 22272 23241 2905 3741 1721 1796 224 9433 4339 4528 566 1039 1039 32292 32292 54923 54923 5676 5676 3717 1301 1301 1115 25360 8876 8876 7608 6204 2854 2978 372 301 301 4895 4895 3613 3613 DUES AND SUBSCRIPTIONS 4978 4978 BANK FEES 1558 1558 PROGRAM EXPENSE 1031 1031 MISCELLANEOUS EXPENSES 677 677 2035917 1830283 182704 22930 178745 124213 666356 422621 52052 30267 26680 21785 12734382 15216539 34003 28283 13640166 15813441 16633 10287 307255 373390 34003 28692 357891 412369 X 4575140 5473957 8707135 9927115 13282275 15401072 13640166 15813441 X 692835 1427086 -1124 X X 0 1 X 1 0 X 1491272 3345071 3359527 1220672 2224957 11641499 1491272 3345071 3359527 1220672 2224957 11641499 6271906 5369593 234733 157712 155555 225539 301185 1074724 3250 3329 6579 12722802 0.42200 0.47140 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 45 1242668 -287016 4119463 1 1 0 1 X 8707140 1116244 1231364 1039545 88083 9927115 10375925 612166 -496473 1686354 98124 8707140 12211377 634408 1106514 2681543 894836 10375920 12809960 2887191 1303348 4751668 37454 12211377 14452794 1233570 1249088 3952138 173354 12809960 0.00000 0.72200 0.27800 0 0 30633 10382 20251 21419 19885 1534 21785 OPERATING LEASE LIABILITY 28692 28692 X 4099791 1427086 23619 1450705 2649086 78542 1124 79666 2728752 1980994 23619 23619 1957375 78542 78542 2035917 PART IV, LINE 2B: THE MARSHFIELD AREA COMMUNITY FOUNDATION HOLDS ACCOUNTS OVER WHICH THEY HAVE SIGNATURE AUTHORITY, IN WHICH THE FUNDS ARE HELD FOR THE BENEFIT OF OTHER NOT-FOR-PROFIT ORGANIZATIONS. PART X, LINE 2: U.S. GAAP REQUIRES MANAGEMENT TO EVALUATE TAX POSITIONS TAKEN BY THE ORGANIZATION AND RECOGNIZE A TAX LIABILITY (OR ASSET) IF THE ORGANIZATION HAS TAKEN AN UNCERTAIN POSITION THAT MORE LIKELY THAN NOT WOULD NOT BE SUSTAINED UPON EXAMINATION BY A TAXING AUTHORITY. MANAGEMENT HAS ANALYZED THE TAX POSITIONS TAKEN BY THE ORGANIZATION AND HAS CONCLUDED THAT AS OF DECEMBER 31, 2022 AND 2023. THERE ARE NO UNCERTAIN POSITIONS TAKEN OR EXPECTED TO BE TAKEN THAT WOULD REQUIRE RECOGNITION OF A LIABILITY (OR ASSET) OR DISCLOSURE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION IS SUBJECT TO ROUTINE AUDITS BY TAXING JURISDICTIONS, HOWEVER, THERE ARE CURRENTLY NO AUDITS IN PROGESS FOR ANY TAX PERIOD. THE ORGANIZATION WILL RECOGNIZE FUTURE ACCRUED INTEREST AND PENALITES RELATED TO UNRECOGNIZED TAX BENEFITS IN INCOME TAX EXPENSE IF INCURRED. PART XI, LINE 4B - OTHER ADJUSTMENTS: OTHER ADJUSTMENT PART X, LINE 2 THE FOUNDATION HAS EVALUATED ITS INCOME TAX POSITIONS AND DETERMINED IT HAS NO UNCERTAIN POSITIONS AS OF DECEMBER 31, 2023. ACCORDINGLY, NO ASSETS OR LIABILITIES FOR UNCERTAIN TAX POSITIONS OR UNRECOGNIZED TAX BENEFITS HAVE BEEN RECORDED. 1 COLUMBUS CATHOLIC SCHOOL 710 S COLUMBUS AVE MARSHFIELD WI 54449 60765 0 N:SPORTS/LEISURE CVTC FOUNDATION INC 620 W CLAIRMONT AVE EAU CLAIRE WI 54701 27269 0 C:COMMUNITY GRANTS MARSHFIELD AREA HABITAT FOR HUMANITY INC PO BOX 784 MARSHFIELD WI 54449 25172 0 C:COMMUNITY GRANTS MARSHFIELD AREA PET SHELTER INC 3500 DOWNWIND DR MARSHFIELD WI 54449 5952 0 A:ANIMALS MARSHFIELD AREA UNITED WAY PO BOX 771 MARSHFIELD WI 54449 391035073 29537 0 C:COMMUNITY GRANTS MARSHFIELD CLINIC HEALTH SYSTEM FOUNDATION 1000 N OAK AVE MARSHFIELD WI 54449 812822823 525500 0 C:COMMUNITY GRANTS MARSHFIELD PARKS & RECREATION 211 E 2ND ST 111 MARSHFIELD WI 54449 11406 0 C:COMMUNITY GRANTS MARSHFIELD ROTARY FOUNDATION PO BOX 463 MARSHFIELD WI 54449 9000 0 P:PARKS & RECREATION MARSHFIELD TIGER HOCKEY BLUELINE CLUB PO BOX 824 MARSHFIELD WI 54449 12102 0 N:SPORTS/LEISURE NORTH WISCONSIN HOMES PO BOX 78 HAZELHURST WI 545310078 80493 0 L:HOUSING, SHELTER OUR LADY OF PEACE PARISH 1414 W 5TH ST MARSHFIELD WI 54449 6825 0 X:RELIGION SCHOOL DISTRICT OF MARSHFIELD 1010 E 4TH STREET MARSHFIELD WI 54449 526553 0 N:SPORTS/LEISURE ST JOHN THE BAPTIST CATHOLIC PARISH 210 W BLODGET ST MARSHFIELD WI 54449 13628 0 C:COMMUNITY GRANTS CHILDREN'S WISCONSIN (MFLD) 725 S CENTRAL AVE MARSHFIELD WI 54449 9942 0 YOUTH INTEGRITY LANDSCAPING LLC PO BOX 378 HAZELHURST WI 545310078 15000 0 F:MENTAL HEALTH KATHY'S HOUSE 9101 W DOYNE AVE MILWUAKEE WI 53226 11000 0 L: HOUSING, SHELTER MALL FURNITURE 113 W 9TH ST MARSHFIELD WI 54449 9449 0 L:HOUSING, SHELTER ST ANDREW'S PARISH PO BOX 6 STRATFORD WI 54484 32402 0 X:RELIGION SCHOLARSHIP FUND 129 161338 YOUTH FUNDS 2 17610 PART I, LINE 2: THE COMMUNITY FOUNDATION MONITORS ITS GRANT AWARDS IN SEVERAL WAYS: DONOR ADVISED FUNDS: GRANTS AWARDED FROM DONOR ADVISED FUNDS ARE SENT AFTER THE FOUNDATION HAS DETERMINED THAT THE ORGANIZATION IS A 501(C)3 CHARITABLE ORGANIZATION OR MEETS ELIGIBILITY AS A CHARITABLE ENTITY. GRANT RECIPIENTS ARE ASKED TO SEND AN ACKNOLWEDGMENT LETTER FOR FUNDS RECEIVED AND FINAL REPORT UPON USE OF THE FUNDS FOR THEIR INTENDED PURPOSE. SCHOLARSHIPS: PAYMENT IS MADE DIRECTLY TO THE INSTITUTION THE STUDENT IS ATTENDING AFTER THE FOUNDATION HAS RECEIVED PROOF OF REGISTRATION TO VERIFY THE STUDENT HAS MET THE REQUIREMENTS OF THE AWARD. UNRESTRICTED FUNDS AND RESTRICTED FUNDS (THAT UTILIZE A GRANT APPLICATION PROCESS): ONCE THE BOARD HAS APPROVED THE RECOMMENDATIONS OF THE DISTRIBUTIONS COMMITTEE, RECIPIENTS RECEIVE A GRANT AWARD AGREEMENT LETTER, WHICH THEY SIGN AND RETURN TO THE FOUNDATION WHEN THEY ARE READY TO PROCEED WITH THE PROJECT. THIS AGREEMENT BINDS THE ORGANIZATION TO COMPLETE THE PROJECT AS OUTLINED IN THEIR GRANT APPLICATION AND DETERMINES THE DATE FOR PAYMENT FROM THE FOUNDATION. A FINAL REPORT IS REQUIRED OF THE GRANT RECIPIENT UPON COMPLETION OF THE PROJECT. FORM 990, PART VI, SECTION B, LINE 11B THE EXECUTIVE DIRECTOR REVIEWS FORM 990 PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C CONFLICTS ARE REVIEWED AT EVERY MEETING AS GRANT REQUESTS ARE CONSIDERED FORM 990, PART VI, SECTION B, LINE 15 BOARD OF DIRECTORS QUIRIES UNITED WAY ANNUALLY TO MONITOR COMPENSATION PAID AT GRANTEE TO DETERMINE IF THE COMMUNITY FOUNDATION IS COMPARABLE TO OTHER NOT-FOR-PROFITS IN THE AREA. FORM 990, PART VI, SECTION C, LINE 19 AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: NET ASSETS RESTRICTED V UNRESTRICTED -1,124. PART XII, LINE 2C THERE WERE NO CHANGES TO THE OVERSIGHT PROCESS AND SELECTION PROCESS DURING THE TAX YEAR.