2021-11-04T15:28:12-05:00 2020-12-31 391628949 JOHNSON BLOCK & CO INC 9701 BRADER WAY SUITE 202 MIDDLETON WI 53562 990 2020-01-01 331047992 MADISON PARKS FOUNDATION INC MADI 6082664339 1402 WINGRA CREEK PARKWAY MADISON WI 53715 JULIE BOGLE TREASURER 6082664339 2021-11-04 1 JULIE BOGLE 999009999 JEFFREY OSVOG P01566913 6082742002 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z STEPHANIE FRANKLIN 1402 WINGRA CREEK PARKWAY MADISON WI 53715 202560 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. 12 12 1 12 0 0 380180 143766 0 0 34206 51136 -6445 7545 407941 202447 135533 30445 0 0 89824 92400 0 0 36054 37955 30719 263312 153564 144629 48883 2945586 3221524 83220 36057 2862366 3185467 AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS. 0 0 4368 4368 IN 2020, MADISON PARKS FOUNDATION GRANTED 1,456 GOODMAN POOL ADMISSIONS SCHOLARSHIPS. 81517 26077 5012 VARIOUS PARK PROJECTS. HELPED WITH DEVELOPMENT OF VARIOUS PARKS AND RESTORATION AND RENEWAL OF PLAYGROUND EQUIPMENT. 85885 1 1 0 0 0 0 0 0 0 1 0 0 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 4 0 1 1 1 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 1 0 0 0 0 1 0 0 0 1 1 1 0 0 1 0 0 0 WI X JULIE BOGLE 6082179410 1402 WINGRA CREEK PARKWAY MADISON WI 53715 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 BOB HEMAUER TRUSTEE 1.00 X 0 0 0 ANNA TRULL 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 77592 0 6480 77592 0 6480 0 0 0 0 0 143766 143766 51136 51136 2646 113 2533 2533 MISC. REVENUE 900099 5012 5012 5012 202447 5012 0 53669 30445 30445 86258 51755 8626 25877 6142 3685 614 1843 13450 13450 11 11 11896 3562 8334 3898 3898 159 159 1265 1265 MISCELLANEOUS 40 40 153564 85885 31625 36054 43124 18350 132543 202433 7000 1250 1279 2761669 2999462 2945586 3221524 83220 20999 15058 83220 36057 X 1688551 2060990 1173815 1124477 2862366 3185467 2945586 3221524 X 48883 296601 -22375 -8 X X 0 1 X 1 0 X 368233 354664 286180 412663 146412 1568152 368233 354664 286180 412663 146412 1568152 323887 1244265 31092 36634 23009 34206 51136 176077 29 74 5012 5115 1749344 0.71130 0.85440 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 197794 17724 3018 1609 210891 172406 29879 2905 1586 197794 184425 -7546 2933 1570 172406 161944 1025 25836 2916 1464 184425 153828 4236 724 157340 1.00000 1 0 0 X 494525 296601 17852 314453 180072 22375 22375 202447 156366 2802 2802 153564 0 153564 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 2017. PART XI, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING EVENTS REVENUES - NETTED WITH EXPENSE 113. FUNDRAISING EVENT FEE - NETTED WITH EXPENSE 2,681. PPP FUNDS RECOGNIZED AS REVENUE IN YEAR FORGIVEN - PER IRS GUIDANCE. 15,058. PART XII, LINE 2D - OTHER ADJUSTMENTS: FUNDRAISING FEE - NETTED WITH REVENUE 2,689. FUNDRAISING EVENTS EXPENSES - NETTED WITH REVENUE 113. 1 CITY OF MADISON 210 MARTIN LUTHER KING BLVD MADISON WI 53703 396005507 23354 PARK IMPROVEMENTS AND POOL SCHOLARSHIPS 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 4 THE FOUNDATION UPDATED ITS MISSION STATEMENT TO: AS THE NON-PROFIT PARTNER OF MADISON PARKS, WE HELP OUR COMMUNITY CONSERVE, PROMOTE, AND ENHANCE OUR PARKS. 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 C, LINE 19 INFORMATION IS PROVIDED TO THE PUBLIC UPON REQUEST. FORM 990, PART XI, LINE 9: DIFFERENCE BETWEEN MANAGEMENT FEE REVENUE AND EXPENSE NETTED ON THE 990 -8. 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