Kenosha Community Foundation

  • Annual Report 2008/2009

Kenosha Community Foundation

HarborView Office Center
600 52nd Street, Suite 110
Kenosha, WI  53140
Telephone:  262/654-2412
Fax:  262/654-2615
Email:  email@kenoshafoundation.org
www.kenoshafoundation.org

Officers and Board of Directors

  • Kenneth L. Fellman, President
  • Neil F. Guttormsen, Past President
  • Victor N. Weiler, Secretary/Treasurer
  • Ellie Chemerow, Grants Co-Chair
  • Connie Ferwerda, 
  • Cathryn S. Bothe
  • Howard J. Brown
  • Jack S. Harris
  • J. Michael McTernan
  • Jack Waters
  • Joan Wilk
  • Jane Harrington Heide, Grants Co-Chair
  • Jamie Young
  • Terri Wruck

    Staff

  • Robert B. Schneider, Executive Director
  • Ellen Ganschaw, Administrative Assistant

About the Foundation
The Kenosha Community Foundation is a community philanthropic organization structured to receive charitable gifts of any size to advance civic, cultural, educational, health, and welfare causes throughout Kenosha County.  As a community foundation, we are a tax-exempt public charity, providing a permanent philanthropic endowment that features an annual grant-making program that is responsive and inclusive.  We also provide numerous charitable vehicles for donors with diverse philanthropic interests:

  • Donor-Advised Endowment Funds
  • Special Donor Advised Funds
  • Named Endowment Funds
  • Scholarship Funds
  • Organization Endowment Funds

Field of Interest Funds, including:

  • he Kenosha Arts Fund
  • The Kenosha Environmental Fund
  • Healthy Communities Healthy Youth
  • The Mary Lou Mahone Endowment Fund
  • Take Stock in Kenosha
  • The Women’s Fund 

Key events of 2007
The Foundation awarded $30,789 in scholarships to thirty-three local students and educational institutions, through:

  • Herman and Virginia Gundlach Scholarships
  • Mary Lou Mahone Youth Scholar Awards
  • The Henry A. Link Scholarship Fund
  • The Mary Louise Link Scholarship Fund
  • The Emery McNeil Scholarship Fund
  • The Manny Mitka Fund
  • The Jessie C. and Ward R. Cropley Scholarship Fund 

The Foundation provided 37 grants totaling $67,150 through Donor Advised Funds

Grants from The Women’s Fund
The purpose of The Women’s Fund is to promote and support programs that create opportunities for women and children through responsive philanthropy and community involvement.  The following grants were awarded in 2007 from The Women’s Fund:

                  Women & Children’s Horizons                      $1,000
                  Kenosha Girl’s Wrestling                                $1,000
                  Lemon Street Gallery                                      $   675
                  Kenosha Literacy Council                              $   400

Kathy Barth                           Constance Ferwerda
Jane Harrington-Heide       Sally Huck

Grants from Unrestricted Endowment Funds
The Foundation’s Grants Committee focused on collaborative projects addressing literacy and lifelong learning for its grant proposal solicitation and review.  Funds for the Grants Committee’s unrestricted grant-making activity were provided by:  The Ashley Fund, The Enroth Family Fund, The Ralph L. and Frances A. Jaeschke Fund, The A. Allan and Isabel M. Jankus Unrestricted Endowment Fund, The Kenosha News Charitable Fund, and The Edna Mae and C. Wesley Orvis Fund.  The following grants were awarded in 2007.

Boy Scouts of America                                                           $  2,000
Kenosha Literacy Council                                                      $18,000
UW Parkside                                                                             $  2,000
Wisconsin Foundation for Independent Colleges            $  3,000

Grants Committee

  • Elynor Chemerow, Co-Chair 
  • Constance Ferwerda, Co-Chair
  • Nick E. Arnold
  • John Jansen
  • Eunice Boyer
  • Ernest Llanas
  • Joseph M. Capelli
  • Timothy Mahone
  • Caroline Feldt
  • Joseph Mangi
  • David Geertsen
  • Jane Palmen
  • Adelene Greene
  • Paul Weyrauch
  • Jane Harrington-Heide
  • Mark Zlevor

    Financial Statements

Statements of Financial Position as of December 31, 2006 and 2007

                                                       2006                         2007

ASSETS
Current Assets                        $3,822,625                   $3,964,635
Property and Equipment                 2,665                              1,879
Total Assets                               3,825,290                   $3,966,514

LIABILITIES AND NET ASSETS
Liabilities                                            8,057                              3,638
Net Assets                                 3,817,233                       3,962,876

 TOTAL LIABILITIES AND NET ASSETS

                                                      3,825,290                    $3,966,514

Statements of Activities for the Years Ended December 31, 2006 and 2007

                                                       2006                         2007

SUPPORT AND REVENUE

Unrestricted Support
and   Reclassifications           $1,036,491                  $   288,403

 Investment Income                      119,654                       259,177

EXPENSES

Expenses and Grants                   672,014                       326,634

INCREASE (DECREASE)
IN NET ASSETS                               452,062                       145,643

NET ASSETS
beginning of year                        3,365,171                    3,817,233

NET ASSETS 
end of year                                   3,817,233                    3,962,876

Copies of the Kenosha Community Foundation’s complete audited financial statements and IRS Form 990 may be obtained by contacting the Foundation office.

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