2025-05-14T09:21:00-05:00 2024-06-30 410746749 CLIFTONLARSONALLEN LLP 10401 W INNOVATION DR STE 300 WAUWATOSA WI 53226 990 2023-07-01 391708484 WATERTOWN AREA COMMUNITY FOUNDATION WATE 9202850537 PO BOX 351 WATERTOWN WI 53094 MIKE HOPPENRATH TREASURER 9202850537 2025-05-13 1 0 KRISTEN DONLEVY P01670215 4144761880 2025-05-12 2023 2025-03-06 01:10:19Z MIKE HOPPENRATH PO BOX 351 WATERTOWN WI 53094 7397185 0 X WWW.WATERTOWNCOMMUNITYFOUNDATION.ORG X 1991 WI TO PROVIDE FOR THE BETTERMENT OF WATERTOWN, WISCONSIN AND THE SURROUNDING AREA AND PROMOTE THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ITS PEOPLE. 10 10 0 10 0 0 1717973 3751165 0 0 216057 360904 0 0 1934030 4112069 483675 589508 0 0 0 0 0 0 0 85388 137341 569063 726849 1364967 3385220 13818056 17397768 2547949 4743933 11270107 12653835 TO PROVIDE FOR THE BETTERMENT OF WATERTOWN, WISCONSIN AND THE SURROUNDING AREA AND PROMOTE THE ENHANCEMENT OF THE QUALITY OF LIFE FOR ITS PEOPLE. 0 0 589508 589508 0 SCHOLARSHIP FUNDING AND COMMUNITY PROJECTS FOR THE PURPOSE OF HIGHER EDUCATION AND COMMUNITY IMPROVEMENT. FUNDING IS AWARDED BASED ON MERIT AND NEED. 589508 1 1 0 0 0 0 0 0 0 0 0 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 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 WI X MIKE HOPPENRATH 9202850537 PO BOX 351 WATERTOWN WI 53094 X TOM SCHULTZ PRESIDENT 5.00 X X 0 0 0 BILL OSWALD VICE PRESIDENT 5.00 X X 0 0 0 MIKE HOPPENRATH TREASURER 5.00 X X 0 0 0 SUE RHODES SECRETARY 5.00 X X 0 0 0 SUSANNE BRADOW DIRECTOR 2.00 X 0 0 0 SANDRA BUDEWITZ DIRECTOR 2.00 X 0 0 0 AMY BUCHHOLTZ DIRECTOR 2.00 X 0 0 0 KEVIN CLIFFORD DIRECTOR 2.00 X 0 0 0 DEB FISCHER DIRECTOR 2.00 X 0 0 0 TOM LEVI DIRECTOR 2.00 X 0 0 0 0 0 0 0 0 0 0 0 3751165 3751165 207593 207593 3438427 3285116 153311 153311 153311 4112069 0 0 360904 66700 66700 522808 522808 26552 26552 74876 74876 264 264 33443 33443 490 490 1716 1716 726849 589508 137341 0 155303 168288 777514 160445 12885239 17069035 13818056 17397768 1112250 1157749 1435699 3586184 2547949 4743933 X 713717 772705 10556390 11881130 11270107 12653835 13818056 17397768 X 3385220 1464761 -3466253 X 0 1 X 1 0 X 5807572 2497359 1588717 1717973 3751165 15362786 5807572 2497359 1588717 1717973 3751165 15362786 4007163 11355623 166653 248113 368072 297547 207593 1287978 16650764 0.68200 0.58930 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 FUNDS HELD FOR THE BENEFIT OF OTHERS 3455156 DUE TO WATERTOWN PUBLIC LIBRARY 131028 3586184 X 2035701 1464761 1464761 570940 74876 3466253 3541129 4112069 651973 0 651973 74876 74876 726849 PART X, LINE 2: THE FOUNDATION IS EXEMPT FROM FEDERAL INCOME TAXES AS PROVIDED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE (IRC). THE FOUNDATION, HAVING QUALIFIED FOR EXEMPTION UNDER PROVISIONS OF THE IRC, IS ALSO EXEMPT FROM STATE INCOME TAX. THE FOUNDATION DOES NOT CONSIDER ANY OF ITS SUPPORT AND REVENUE TO BE UNRELATED BUSINESS INCOME AND, ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN PROVIDED IN THE ACCOMPANYING FINANCIAL STATEMENTS. PART XI, LINE 4B - OTHER ADJUSTMENTS: DONATIONS HELD FOR OTHERS 3,466,253. 1 CITY OF WATERTOWN PO BOX 477 WATERTOWN WI 53094 396005640 GOV'T 7000 0 LIBRARY EXPANSION, CHRISTMAS DECORATION, TOWN SQUARE YMCA 415 S 8TH ST WATERTOWN WI 53094 390806378 NON-PROFIT 50000 0 YEAR 1 OF 5 DONATION COMMITMENTS WATERTOWN HISTORICAL SOCIETY 919 CHARLES STREET WATERTOWN WI 53094 390689355 NON-PROFIT 6700 0 1ST KINDERGARTEN PROJECT SCHOLARSHIPS FOR HIGHER EDUCATION 74 522808 0 PART I, LINE 2: IN REGARDS TO THE SCHOLARSHIP PROGRAM THAT IS BEING ADMINISTERED BY THE FOUNDATION, THE BOARD DETERMINES THE NUMBER AND AMOUNT OF THE SCHOLARSHIPS BASED ON TERMS ESTABLISHED IN SCHOLARSHIP TRUSTS AND IN COMPLIANCE WITH DONOR INTENTIONS. THE BOARD HAS ALSO DEVELOPED WRITTEN GUIDELINES CONCERNING THE QUALIFICATIONS, CRITERIA AND USE OF EACH SCHOLARSHIP. THE SCHOOL DISTRICT PROVIDES CRITICAL INFORMATION ON ALL STUDENTS WHO APPLY FOR THE VARIOUS SCHOLARSHIPS. THE STUDENTS COMPLETE FORMS REGARDING THEIR GRADES, EXTRACURRICULAR ACTIVITIES, ACT RANK AND FINANCIAL NEED, AND OTHER POINTS. ALL OF THIS INFORMATION IS REVIEWED BY A COMMITTEE OF THE BOARD OF DIRECTORS WITH GENEROUS INPUT FROM THE SCHOOL DISTRICT STAFF AND THE SCHOLARSHIP PROGRAM LEADER. FROM THOSE DELIBERATIONS, THE STUDENTS ARE SELECTED, ALWAYS BASED ON THE CRITERIA OF EACH INDIVIDUAL SCHOLARSHIP PROGRAM. FINAL DETERMINATION AS TO THE AMOUNT AND THE RECIPIENT OF EACH (GENERALLY MULTI-YEAR) SCHOLARSHIP GRANT IS MADE BY THE BOARD. STUDENTS MUST PROVIDE SUPPORT FOR CONTINUED ELIGIBILITY FOR FUTURE YEAR PAYMENTS, SUCH AS THE STUDENT MUST FURNISH THEIR GRADES AND PROVIDE PROOF THEY WILL CONTINUE TO MEET ALL ELIGIBILITY REQUIREMENTS OF THE SCHOLARSHIP. ALL SCHOLARSHIP FUNDS ARE PAID DIRECTLY TO EDUCATIONAL INSTITUTIONS FOR THE BENEFIT OF THE SCHOLARSHIP RECIPIENTS." FORM 990, PART VI, SECTION B, LINE 11B THE TREASURER DOES A DETAILED REVIEW OF THE FORM 990 PRIOR TO FILING. OTHER BOARD MEMBERS ARE GIVEN THE OPPORTUNITY TO COMMENT ON THE FORM 990 AFTER FILING. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION'S GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: AMOUNTS HELD FOR THE BENEFIT OF OTHERS -3,466,253.