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