2022-10-05T15:49:35-05:00 2021-12-31 391628949 JOHNSON BLOCK & CO INC 9701 BRADER WAY SUITE 202 MIDDLETON WI 53562 990 2021-01-01 331047992 MADISON PARKS FOUNDATION INC MADI 6082664339 PO BOX 259336 MADISON WI 53725 JULIE BOGLE TREASURER 6082664339 2022-10-04 1 JULIE BOGLE 999009999 JEFFREY OSVOG P01566913 6082742002 3 AAL1 IAL1 2021 2022-09-23 18:48:47Z STEPHANIE FRANKLIN PO BOX 259336 MADISON WI 53725 1638892 0 X WWW.MADISONPARKSFOUNDATION.ORG X 2003 WI AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS. 10 10 1 12 0 0 143766 1568143 0 0 51136 65491 7545 1085 202447 1634719 30445 55720 0 0 92400 93465 0 0 28693 30719 1080456 153564 1229641 48883 405078 3221524 4094657 36057 164360 3185467 3930297 AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS. 0 0 1149742 41060 0 VARIOUS PARK PROJECTS. HELPED WITH DEVELOPMENT OF VARIOUS PARKS AND RESTORATION AND RENEWAL OF PLAYGROUND EQUIPMENT. 14660 14660 IN 2021, MADISON PARKS FOUNDATION GRANTED 3,852 GOODMAN POOL ADMISSIONS SCHOLARSHIPS. 1164402 1 1 0 0 0 0 0 0 0 1 0 1 0 0 0 1 1 1 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 1 0 0 0 1 8 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 10 10 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 1 1 0 0 WI X STEPHANIE FRANKLIN 6082179410 PO BOX 259336 MADISON WI 53725 MAUREEN LOKRANTZ PRESIDENT 1.00 X X 0 0 0 TY BECK VICE PRESIDENT 1.00 X X 0 0 0 JULIE BOGLE TREASURER 1.00 X X 0 0 0 KYLE ENGELKE SECRETARY 1.00 X X 0 0 0 MADELYN LEOPOLD TRUSTEE 1.00 X 0 0 0 JASON IVERSON TRUSTEE 1.00 X 0 0 0 KRISTIN KUPRES TRUSTEE 1.00 X 0 0 0 JOE CLAUSIUS TRUSTEE 1.00 X 0 0 0 CLAIRE OLEKSIAK TRUSTEE 1.00 X 0 0 0 PIERCE SULLIVAN TRUSTEE 1.00 X 0 0 0 STEPHANIE FRANKLIN EXECUTIVE DIRECTOR 40.00 X 79902 0 7148 79902 0 7148 0 0 0 0 0 15058 1553085 1568143 65491 65491 5258 4173 1085 1085 1634719 0 0 66576 X 55720 55720 87050 52230 8705 26115 6415 3849 642 1924 15656 15656 1055525 1051295 4230 26 26 1872 1872 2198 2198 615 615 1965 367 1414 184 PAYROLL PROCESSING FEES 1568 941 157 470 MISCELLANEOUS 1031 1031 1229641 1164402 36546 28693 18350 7844 202433 220647 129967 1279 1287 2999462 3071286 663626 3221524 4094657 20999 164360 15058 36057 164360 X 2060990 2625350 1124477 1304947 3185467 3930297 3221524 4094657 405078 368503 -28751 0 X X 0 1 X 1 0 X 354664 286180 412663 146412 1573401 2773320 354664 286180 412663 146412 1573401 2773320 1182082 1591238 36634 23009 34206 51136 65491 210476 29 74 5012 5115 2988911 0.53240 0.71130 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 210891 100000 35250 3108 2213 340820 197794 17724 3018 1609 210891 172406 29879 2905 1586 197794 184425 -7546 2933 1570 172406 161944 1025 25836 2916 1464 184425 1.00000 1 0 0 T ROWE PRICE BLUE CHIP GROWTH FUND - TRBCX 245184 F VANGUARD TOTAL STOCK MARKET INDEX ADM - VTSAX 418442 F 663626 X 1987438 368503 5000 23025 396528 1590910 28751 15058 43809 1634719 1257666 5000 23025 28025 1229641 0 1229641 PART V, LINE 4: BOTH ENDOWMENT FUNDS ARE TO BE USED TO ENABLE THE FOUNDATION TO CARRY OUT ITS CHARITABLE AND EXEMPT PURPOSES. ONE IS HELD AT MADISON COMMUNITY FOUNDATION AND THE OTHER WAS IMPOSED BY THE CITY OF MADISON. PART X, LINE 2: THE FOUNDATION HAS ADOPTED THE RECENT ACCOUNTING GUIDANCE FOR RECOGNIZING AND MEASURING UNCERTAIN TAX POSITIONS. THE FOUNDATION FOLLOWS THE STATUTORY REQUIREMENTS FOR THEIR INCOME TAX ACCOUNTING AND GENERALLY AVOIDS RISKS ASSOCIATED WITH POTENTIALLY PROBLEMATIC TAX POSITIONS THAT MAY BE CHALLENGED UPON EXAMINATION. MANAGEMENT BELIEVES ANY LIABILITY RESULTING FROM TAXING AUTHORITIES IMPOSING ADDITIONAL INCOME TAXES FROM ACTIVITIES DEEMED TO BE UNRELATED TO THE FOUNDATION'S TAX-EXEMPT STATUS WOULD NOT HAVE A MATERIAL EFFECT ON THE ACCOMPANYING FINANCIAL STATEMENTS. THE FOUNDATION'S FEDERAL EXEMPT ORGANIZATION TAX RETURNS ARE SUBJECT TO EXAMINATION BY THE INTERNAL REVENUE SERVICE, GENERALLY FOR THREE YEARS AFTER THEY ARE FILED. WITH FEW EXCEPTIONS, THE FOUNDATION IS NO LONGER SUBJECT TO SUCH EXAMINATIONS FOR YEARS BEFORE 2018. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS REVENUES - NETTED WITH EXPENSE 4,173. FUNDRAISING EVENT FEE - NETTED WITH EXPENSE 18,852. PART XI, LINE 4B - OTHER ADJUSTMENTS: PPP FUNDS RECOGNIZED AS REVENUE IN YEAR FORGIVEN - PER IRS GUIDANCE 15,058. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING FEE - NETTED WITH REVENUE 18,852. FUNDRAISING EVENTS EXPENSES - NETTED WITH REVENUE 4,173. 1 CITY OF MADISON 210 MARTIN LUTHER KING BLVD MADISON WI 53703 396005507 55720 0 PARK IMPROVEMENTS, POOL SCHOLARSHIPS, AND CELEBRATION GIFTS 1 PART I, LINE 2: THE ORGANIZATION OBTAINS A PROJECT DESCRIPTION WHICH INCLUDES A COST ESTIMATE. THEY ARE IN REGULAR COMMUNICATION WITH THE PARKS DIVISION AND THE PARK SUPERINTENDENT REGULARLY ATTENDS BOARD MEETINGS. THEY ARE ABLE TO SEE THE USE OF THE FUNDS BY SEEING THE IMPROVEMENT PROJECTS FINISHED. FORM 990, PART VI, SECTION A, LINE 8B COMMITTEE MEETINGS ARE INFREQUENT, AND MINUTES ARE NOT MAINTAINED. FORM 990, PART VI, SECTION B, LINE 11B 990 PRESENTED TO THE BOARD IN DRAFT FORM AND APPROVED PRIOR TO SIGNING AND FILING WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 15A EXECUTIVE DIRECTOR WAGES APPROVED BY BOARD ANNUALLY. FORM 990, PART VI, SECTION C, LINE 19 INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART IX, LINE 11G GRAPHIC DESIGN: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 1,500. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,500. CONSULTING: PROGRAM SERVICE EXPENSES 0. MANAGEMENT AND GENERAL EXPENSES 2,730. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 2,730. DISBURSEMENTS FOR PARK PROJECT FEES FOR SERVICES: PROGRAM SERVICE EXPENSES 1,051,295. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,051,295. FORM 990, PART XII, LINE 2C: THE PROCESS HAS NOT CHANGED. CITY OF MADISON 210 MARTIN LUTHER KING BLVD MADISON WI 53703 366005507 PROVIDE SERVICES TO CITIZENS WI N/A 0 0 1 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 CITY OF MADISON B 55720 PARK PROJECTS, POOL FEES, GIFTS