Community Foundation

RACINE COMMUNITY FOUNDATION INC

RACINE COMMUNITY FOUNDATION INC, of RACINE, WI, is a Community Foundation tracked in Imperigo's IRS 990 database. The 2024 filing shows $6.1M in revenue, $4.7M in expenses, $81.6M in total assets. 9 publicly reported grants to this organization, totaling roughly $2.0M, appear in IRS filings.

EIN: 510188377 RACINE, WI Latest filing: 2024
Total Revenue$6.1M
Total Expenses$4.7M
Total Assets$81.6M
Grant Records9
Funding Total$2.0M
Filing Years2020–2024

Mission

THE MISSION OF THE RACINE COMMUNITY FOUNDATION IS TO SUPPORT THE PEOPLE OF RACINE COUNTY BY PROVIDING FUNDING TO RACINE COUNTY'S HARD WORKING NONPROFIT ORGANIZATIONS AND STUDENTS, AND RESPONSIBLY STEWARDING OUR ENDOWMENT AND ALL GIFTS ENTRUSTED TO IT, SO WE MAY CONTINUE TO PARTNER WITH OUR DONORS TO PROVIDE THIS FUNDING FOREVER.

Officers & Directors

DIRECTOR Anna Clementi
DIRECTOR Art Howell
DIRECTOR (FROM DEC 2024) Ashley Madala
DIRECTOR Bill Streeter
DIRECTOR Cory Sebastian
PRESIDENT & CEO Elizabeth Powell

Officer compensation and complete director data available with membership.

Top Grant Purposes

DONOR ADVISORY FUND
$1,000,778 2 grants
EIF FUNDING
$1,000,000 2 grants
GENERAL SUPPORT
$19,419 2 grants
PUBLIC, SOCIETAL BENEFIT
$16,350 3 grants

Financial Trends

Year Revenue Expenses Assets
2024 $6.1M $4.7M $81.6M
2023 $4.5M $4.5M $78.8M
2022 $4.6M $4.2M $73.5M
2021 $12.6M $3.5M $86.9M
2020 $7.1M $3.8M $76.6M

Between 2020 and 2024, reported annual revenue declined from $7.1M to $6.1M (-13%), with total assets most recently reported at $81.6M.

Interactive year-over-year charts and full filing details available with membership.

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