2024-06-03T08:33:38-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 100 MARITIME DRIVE SUITE 2B MANITOWOC WI 54220 990 2023-01-01 270978059 LAKESHORE COMMUNITY FOUNDATION INC LAKE 9206825222 915 MEMORIAL DRIVE MANITOWOC WI 54220 RACHEL E WIEGERT CHIEF EXECUTIVE OFFICER 9206820715 2024-05-30 1 RACHEL WIEGERT 999009999 1 LACEY SILBERNAGEL P01245590 9206845500 2 AAL1 IAL1 2023 2023-04-26 12:10:37Z RACHEL E WIEGERT 915 MEMORIAL DRIVE MANITOWOC WI 54220 15135382 0 X HTTP://WWW.LAKESHORECOMMUNITYFOUNDATION.ORG/ X 2009 WI TO GATHER, GROW AND GIVE CHARITABLE FINANCIAL RESOURCES TO BENEFIT THE COMMUNITIES IT SERVES NOW AND FOR FUTURE GENERATIONS. 9 9 3 10 0 0 5897181 11525190 79259 91761 1932056 2000565 0 0 7908496 13617516 1876353 1475103 0 0 156222 185737 0 0 25154 131208 130309 2163783 1791149 5744713 11826367 68694276 91205472 26011862 31739000 42682414 59466472 LAKESHORE COMMUNITY FOUNDATION'S MISSION IS TO GATHER, GROW AND GIVE CHARITABLE FINANCIAL RESOURCES TO BENEFIT THE COMMUNITIES IT SERVES NOW AND FOR THE FUTURE. 0 0 1579867 1475103 91761 LAKESHORE COMMUNITY FOUNDATION, INC. IS A TAX EXEMPT PUBLIC CHARITY ORGANIZED TO PROMOTE AND MANAGE ENDOWMENT FUNDS PRIMARILY FOR THE BENEFIT OF SHEBOYGAN AND MANITOWOC COUNTIES. THE FOUNDATION RECEIVES, ADMINISTERS, AND DISTRIBUTES GIFTS FROM INDIVIDUALS AND ORGANIZATIONS FOR THE LONG TERM BENEFIT OF THE COUNTIES IT SERVES. DURING 2023, THE FOUNDATION ADDED 8 NEW FUNDS TO ITS PORTFOLIO, AND CLOSED ONE, FOR A TOTAL OF 98 FUNDS WITH AN AGGREGATE MARKET VALUE OF $89,015,000 AT YEAR END. AVERAGE FUND SIZE WAS $908,000. DURING 2023, GROWTH IN GIFTS TO NEW AND EXISTING FUNDS WAS $13,884,000. THE FOUNDATION MADE 227 GRANTS DURING 2023 TOTALING $2,439,000. SINCE THE FIRST FUND WAS ESTABLISHED IN MAY 2011, THE FOUNDATION HAS DISTRIBUTED MORE THAN $22,300,000 IN GRANTS. 1579867 1 1 0 0 0 1 0 0 0 0 1 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 2 0 3 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 WI X RACHEL WIEGERT 9206825222 915 MEMORIAL DRIVE MANITOWOC WI 54220 RACHEL WIEGERT CHIEF EXECUTIVE OFFICER 50.00 X 110000 0 11691 THOMAS ASCHENBRENNER CHAIRMAN 5.00 X X 0 0 0 JAMES VOPAT VICE PRESIDENT 3.00 X X 0 0 0 THOMAS BARE TREASURER 2.00 X X 0 0 0 JANE PFEFFER SECRETARY 1.50 X X 0 0 0 RICHARD BALGE DIRECTOR 1.50 X 0 0 0 RANDALL OLM DIRECTOR 1.50 X 0 0 0 GRANT PAULY DIRECTOR 1.50 X 0 0 0 ALEX ALLIE DIRECTOR 1.50 X 0 0 0 PAMELA LANGAN DIRECTOR 1.50 X 0 0 0 JOSEPH DIRAIMONDO DIRECTOR (THROUGH SEPT) 1.50 X 0 0 0 110000 0 11691 1 0 0 0 0 11525190 814365 11525190 ADMINISTRATIVE FEE REVENUE 900099 91761 91761 91761 1124675 1124675 2393756 1517866 875890 875890 875890 13617516 91761 0 2000565 1475103 1475103 121691 60846 48676 12169 49018 24509 19607 4902 2231 1115 893 223 12797 6398 5119 1280 5073 5073 15117 15117 76920 76920 9400 9400 1127 563 564 6183 3090 1774 1319 417 208 209 3103 1551 1552 4097 2048 2049 5476 2738 2190 548 DUES & MEMBERSHIPS 1533 767 613 153 1863 931 746 186 1791149 1579867 186128 25154 83801 87630 23205 0 7758 4648 5545 5545 0 0 66758012 89232493 1821500 1880701 68694276 91205472 24449 38252 25987413 31700748 26011862 31739000 X 40860914 57585771 1821500 1880701 42682414 59466472 68694276 91205472 X 11826367 4898490 59201 X 0 1 X 1 0 X 4637771 4728271 6164757 13096093 13883830 42510722 4637771 4728271 6164757 13096093 13883830 42510722 5127486 37383236 679177 588305 741749 844520 1124675 3978426 46489148 307413 0.80410 0.72330 X SCHEDULE A, PART VI, LIST OF UNUSUAL GRANTS: DESCRIPTION: CASH AND STOCK DONATION DATE: 02/08/22 AMOUNT: 4256653. SCHEDULE A, PART II, LINE 1: THE LAKESHORE COMMUNITY FOUNDATION RECEIVES AND HOLDS FUNDS FOR OTHER TAX-EXEMPT ORGANIZATIONS. AS SUCH, LAKESHORE COMMUNITY FOUNDATION REPORTS CONTRIBUTIONS OF SUCH PROPERTY ON SCHEDULE A, PART II, LINE 1. HOWEVER, CONTRIBUTIONS OF SUCH PROPERTY ARE NOT INCLUDED IN REVENUE ON FORM 990, PART VIII. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 30 26 11292878 202526 1029007 449575 39918448 16197489 1 1 1200 1200 0 4345 4345 0 0 FUNDS HELD FOR OTHERS 31700748 31700748 18510287 4898490 12000 59201 4969691 13540596 76920 76920 13617516 1726229 12000 12000 1714229 76920 76920 1791149 PART XI, LINE 2D - OTHER ADJUSTMENTS: CHANGE IN BENEFICIAL INTEREST IN TRUST 59,201. 1 BLESSED SACRAMENT CONGREGATION 2116 HOLLISTER AVENUE MADISON WI 53726 390813395 501(C)(3) 14357 0 UNRESTRICTED BOYS & GIRLS CLUB FOX VALLEY INC PO BOX 756 MANITOWOC WI 54221 391225709 501(C)(3) 6600 0 BOYS AND GIRLS CLUB OF MANITOWOC COUNTY BOYS & GIRLS CLUB OF SHEBOYGAN COUNTY 107 CEDAR STREET SHEBOYGAN FALLS WI 53085 391246782 501(C)(3) 11000 0 UNRESTRICTED BRILLION PUBLIC SCHOOLS W1101 CTY HR BRILLION WI 54110 396001095 GOVERNMENT 5280 0 BRILLION HIGH SCHOOL - SCHOLARSHIPS CAMP EVERGREEN CORPORATION 712 RIVERFRONT DRIVE SUITE 301 SHEBOYGAN WI 53081 396007027 501(C)(3) 12000 0 $2,000 UNRESTRICTED, $10,000 NATATORIUM CAMPAIGN CAPITOL CIVIC CENTRE PO BOX 399 MANITOWOC WI 54220 391569595 501(C)(3) 11850 0 UNRESTRICTED CASA OF EAST CENTRAL WISCONSIN PO BOX 721 MANITOWOC WI 54221 832387527 501(C)(3) 13000 0 UNRESTRICTED CHILDREN'S HOSPITAL OF WISCONSIN FOUNDATION INC MS 3050 PO BOX 1997 MILWAUKEE WI 53201 391500075 501(C)(3) 20000 0 JOHN AND BRIGID FAMILY FUND - TO SUPPORT THE CHILDREN'S CENTER FOR CHILD DEVELOPMENT EARL O VITS MEMORIAL TRUST PO BOX 787 MANITOWOC WI 54221 930775732 501(C)(3) 8000 0 CAMP SINAWA FAMILY RESOURCE CENTER OF SHEBOYGAN COUNTY 1500 DOUGLAS DRIVE STE B PLYMOUTH WI 53073 391857835 501(C)(3) 10000 0 $5,000 - PARENTS AS TEACHERS, $5,000 - LITERACY COUNCIL FIDELITY INVESTMENTS CHARITABLE GIFT FUND PO BOX 770001 CINCINNATI OH 45277 110303001 501(C)(3) 9365 0 BJP GIFT FUND #60373 GOOD SHEPHERD PARISH 62 EAST MAIN STREET CHILTON WI 53014 390860456 501(C)(3) 10000 0 CHILTON CATHOLIC SCHOOL HABITAT FOR HUMANITY INTERNATIONAL 322 WEST LAMAR STREET AMERICUS GA 31709 911914868 501(C)(3) 5348 0 UNRESTRICTED HILDEGARD HOUSE PO BOX 5613 LOUISVILLE KY 40255 465555742 501(C)(3) 10000 0 IN MEMORY OF KATHY DURBIN HOPE HOUSE OF MANITOWOC COUNTY INC 1000 SOUTH 35TH STREET MANITOWOC WI 54220 320115704 501(C)(3) 8000 0 UNRESTRICTED JOHN MICHAEL KOHLER ARTS CENTER INC 608 NEW YORK AVENUE SHEBOYGAN WI 53081 391085180 501(C)(3) 6000 0 UNRESTRICTED LAKESHORE FIRST ROBOTICS PROGRAM 2814 WOLLMER STREET MANITOWOC WI 54220 464316812 501(C)(3) 62000 0 $12,000 - BUS TO THE WORLD CHAMPIONSHIP, $50,000 - OPERATIONS LAKESHORE REGIONAL CHILD ADVOCACY CENTER INC 134 SOUTH FOSTER DRIVE SAUKVILLE WI 53080 371829968 501(C)(3) 6000 0 $1,000 - UNRESTRICTED, $5,000 - SHEBOYGAN COUNTY CAMPAIGN LAKESHORE TECHNICAL COLLEGE FOUNDATION INC 1290 NORTH AVENUE CLEVELAND WI 53015 391269078 501(C)(3) 233615 0 $5,000 - CENTER FOR HEALTH CARE EXCELLENCE CAMPAIGN, $198,615 - SCHOLARSHIPS, $30,000 - JOHN AND KATE MILLER IMPACT FUND: ACADEMIC YEAR 2023-2024 LAW FORWARD INC 222 WEST WASHINGTON ST STE 250 MADISON WI 53703 842803392 501(C)(3) 10000 0 UNRESTRICTED LESTER PUBLIC LIBRARY FOUNDATION INC 1001 ADAMS STREET TWO RIVERS WI 54241 391488302 501(C)(3) 25500 0 $500 - UNRESTRICTED, $10,000 - EXPANSION OF THE REACH OUT AND READ PROGRAM, $5,000 - ANNUAL SUMMER READING PROGRAM, $10,000 - YOUTH DEPARTMENT PROGRAMS LUTHERAN HIGH SCHOOL ASSOCIATION OF THE GREATER SHEBOYGAN AREA INC 3323 UNIVERSITY DRIVE SHEBOYGAN WI 53081 391269495 501(C)(3) 10000 0 SCHOLARSHIPS MANITOWOC COUNTY DOMESTIC VIOLENCE CENTER INC 300 EAST REED AVENUE MANITOWOC WI 54220 391354763 501(C)(3) 22200 0 $12,200 - UNRESTRICTED, $10,000 - DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER MANITOWOC COUNTY SHERIFF'S DEPARTMENT 1025 SOUTH 9TH STREET MANITOWOC WI 54220 237022183 GOVERNMENT 15000 0 PURCHASE NEW K-9 MANITOWOC PUBLIC SCHOOL DISTRICT PO BOX 1657 MANITOWOC WI 54221 396003233 GOVERNMENT 94180 0 4 - $1,000 SCHOLARSHIPS TO LINCOLN HIGH SCHOOL GRADUATES, $90,180 LINCOLN HIGH SCHOOL - SCHOLARSHIPS MANITOWOC SYMPHONY ORCHESTRA ASSOCIATION INC PO BOX 606 MANITOWOC WI 54221 396060498 501(C)(3) 36000 0 UNRESTRICTED MARQUETTE UNIVERSITY PO BOX 1881 MILWAUKEE WI 53201 390806251 501(C)(3) 10000 0 LAW SCHOOL'S MARK A. AND JOAN RAVANELLI MILLER ENDOWED SCHOLARSHIP MEALS ON WHEELS OF SHEBOYGAN COUNTY INC 1004 SOUTH TAYLOR DRIVE SHEBOYGAN WI 53081 391238290 501(C)(3) 21400 0 $12,000 - UNRESTRICTED, $9,400 - WATER FOUNTAIN FOR SENSORY GARDEN MENTAL HEALTH AMERICA LAKESHORE INC 410 S MILWAUKEE STREET PLYMOUTH WI 53073 391018013 501(C)(3) 6000 0 UNRESTRICTED OCEAN REEF CHAPEL FOUNDATION INC 32 OCEAN REEF DRIVE KEY LARGO FL 33037 650486471 501(C)(3) 5500 0 IN HONOR OF JAN MUTH PAINTING PATHWAYS CLUBHOUSE INC 1226 WASHINGTON STREET MANITOWOC WI 54220 260710289 501(C)(3) 5500 0 UNRESTRICTED PLANNED PARENTHOOD OF WISCONSIN 302 NORTH JACKSON STREET MILWAUKEE WI 53202 390863391 501(C)(3) 10000 0 UNRESTRICTED RCS EMPOWERS INC PO BOX 0248 SHEBOYGAN WI 53082 391030350 501(C)(3) 11500 0 $10,000 - UNRESTRICTED, $1,500 - SHINE ON EVENT REEDSVILLE SCHOOL DISTRICT PO BOX 340 REEDSVILLE WI 54230 GOVERNMENT 6370 0 REEDSVILLE HIGH SCHOOL DISTRIBUTION - SCHOLARSHIPS RICHARDSON HUMANE SOCIETY INC PO BOX 852515 RICHARDSON TX 75085 752895799 501(C)(3) 10000 0 UNRESTRICTED RONCALLI CATHOLIC SCHOOLS 2000 MIRRO DRIVE MANITOWOC WI 54220 391046808 501(C)(3) 145900 0 $90,900 - RONCALLI HIGH SCHOOL DISTRIBUTION - SCHOLARSHIPS, $25,000 - RONCALLI HIGH SCHOOL, $30,000 - RONCALLI ELEMENTARY SCHOOL SACRED HEART CATHOLIC CHURCH PO BOX 1080 LACOMBE LA 70445 720725410 501(C)(3) 14357 0 UNRESTRICTED SAFE HARBOR OF SHEBOYGAN COUNTY INC PO BOX 582 SHEBOYGAN WI 53082 391690041 501(C)(3) 11000 0 UNRESTRICTED SALVATION ARMY PO BOX 2046 710 PENNSYLVANIA AVENUE MANITOWOC SHEBOYGAN WI 54220 362167910 501(C)(3) 22378 0 UNRESTRICTED: MANITOWOC-$9,128 & SHEBOYGAN $13,250 SHEBOYGAN COUNTY FOOD BANK INC 3115 NORTH 21ST STREET STE 1 SHEBOYGAN WI 53083 391733883 501(C)(3) 39000 0 $24,000 - UNRESTRICTED, $15,000 - FOOD FOR THOUGHT WEEKEND BACKPACK PROGRAM SHEBOYGAN PUBLIC EDUCATION FOUNDATION INC 605 NORTH 8TH STREET STE 214 SHEBOYGAN WI 53081 392027804 501(C)(3) 50000 0 SCHOLARSHIPS SMILE TRAIN INC PO BOX 96231 WASHINGTON DC 20090 133661416 501(C)(3) 9571 0 UNRESTRICTED ST FRANCIS OF ASSISI PARISH 601 NORTH 8TH STREET MANITOWOC WI 54220 390806345 501(C)(3) 16357 0 $14,357 - UNRESTRICTED, $2,000 - THE GOOD SHEPHERD FUND ST PETER THE FISHERMAN PARISH 3201 MISHICOT ROAD TWO RIVERS WI 54241 390824021 501(C)(3) 14357 0 UNRESTRICTED ST PETER'S UNITED CHURCH OF CHRIST 424 FREMONT STREET KIEL WI 53042 131957221 501(C)(3) 10000 0 OPERATING FUNDS ST THOMAS THE APOSTLE CATHOLIC COMMUNITY 8100 BRUNNER ROAD NEWTON WI 53063 237378703 501(C)(3) 10000 0 $5,000 RELIGIOUS EDUCATION PROGRAM, $5,000 YOUTH MISSION PROGRAM THE CROSSING OF MANITOWOC COUNTY INC 501 NORTH 10TH STREET MANITOWOC WI 54220 203148598 501(C)(3) 18000 0 $2,000 - UNRESTRICTED, $16,000 - DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER THE HAVEN OF MANITOWOC COUNTY INC PO BOX 1795 MANITOWOC WI 54221 454137918 501(C)(3) 24350 0 $8,350 - UNRESTRICTED, $16,000 - DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER TREEHOUSE THEATRE INC PO BOX 1722 MANITOWOC WI 54221 455119877 501(C)(3) 25000 0 TO START AN ENDOWMENT UNITED WAY MANITOWOC COUNTY INC 21 EAST WALDO BOULEVARD MANITOWOC WI 54220 391099039 501(C)(3) 10000 0 UNRESTRICTED UNITED WAY OF SHEBOYGAN COUNTY 2020 ERIE AVENUE SHEBOYGAN WI 53081 390808471 501(C)(3) 55000 0 $40,000 - UNRESTRICTED, $15,000 - ON BEHALF OF JOAN RAVANELLI MILLER UNIVERSITY OF WISCONSIN FOUNDATION US BANK LOCKBOX 78807 MILWAUKEE WI 53278 390743975 501(C)(3) 18571 0 $14,000 - THEODORE E. PAULY SCHOLARSHIP FUND, $4,571 HIPPITY HOP FUND WOODLAND DUNES NATURE CENTER INC PO BOX 486 TWO RIVERS WI 54241 396084264 501(C)(3) 15000 0 $2,500 - DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER, $12,500 - UNRESTRICTED DISTRIBUTION 53 0 PART I, LINE 2: TYPICALLY, WITHIN A YEAR OF ISSUING A "RESTRICTED" GRANT, THE FOUNDATION FOLLOWS UP WITH THE GRANTEE TO DOCUMENT HOW THE GRANT WAS USED TO ENSURE DONOR INTENT WAS HONORED. IF GRANT FUNDS WERE NOT USED IN ACCORDANCE WITH THE RESTRICTION PLACED ON THE GRANT, THE FOUNDATION WILL EVALUATE THE SITUATION AND MAY REQUEST THAT THE GRANT FUNDS BE RETURNED TO THE FOUNDATION. X 7 814365 AVERAGE OF HIGH AND LOW 0 0 1 0 PART I, COLUMN (B): THE NUMBER OF CONTRIBUTORS IS BEING REPORTED. FORM 990, PART VI, SECTION B, LINE 11B THE COMPLETE FORM 990 IN DRAFT FORM IS PROVIDED TO THE ENTIRE BOARD OF DIRECTORS, VIA A SECURE PORTAL, APPROXIMATELY TWO WEEKS PRIOR TO THE BOARD MEETING IN WHICH IT IS REVIEWED AND APPROVED. AT THAT MEETING CLA REPRESENTATIVES ARE PRESENT TO REVIEW THE FORM 990 AND ANSWER ANY QUESTIONS. FORM 990, PART VI, SECTION B, LINE 12C ANNUALLY, AT THE FOUNDATION'S ANNUAL MEETING, THE BOARD REVIEWS AND APPROVES THE CONFLICT OF INTEREST POLICY. EACH DIRECTOR COMPLETES A "WRITTEN ACCEPTANCE OF CONFLICTS OF INTEREST POLICY AND A "CONFLICT OF INTEREST DISCLOSURE STATEMENT". THESE COMPLETED DOCUMENTS ARE KEPT ON FILE AND REFERENCED THROUGHOUT THE YEAR AS NEEDED. AT EACH BOARD MEETING WHEN NEW FUNDS AND GRANTS ARE APPROVED, THE BOARD MEMBERS ARE REMINDED TO ABSTAIN IF THEY HAVE A DIRECT OR INDIRECT RELATIONSHIP WITH THE FUNDS AND GRANTS PRESENTED FOR APPROVAL. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS, REPRESENTING INDEPENDENT PERSONS, SETS THE CEO COMPENSATION DURING EXECUTIVE SESSION. THE CEO'S PERFORMANCE IS REVIEWED ALONG WITH THE COUNCIL ON FOUNDATION'S CURRENT GRANTMAKERS SALARIES & BENEFITS SURVEY. THE BOARD OF DIRECTORS CONSIDERS THE CEO BASE SALARY RANGE FOR COMMUNITY FOUNDATIONS WITH COMPARABLE ASSETS UNDER MANAGEMENT. ADDITIONALLY, THE BOARD OF DIRECTORS IS AWARE OF, AND COMPLIANT WITH, IRS GUIDANCE ON EXECUTIVE COMPENSATION INVOLVING PUBLIC CHARITIES. FORM 990, PART VI, SECTION C, LINE 19 THESE DOCUMENTS ARE AVAILABLE UPON REQUEST. FORM 990, PART XI, LINE 9: CHANGE IN BENEFICIAL INTEREST IN TRUST 59,201.