W R and Floy A Sauey Family Foundation Inc
W.R. and Floy A. Sauey Family Foundation Inc
Overview
The W.R. and Floy A. Sauey Family Foundation Inc. is a private corporate foundation based in Baraboo, Wisconsin. It was established in 1998 and operates primarily to support local communities where Nordic Group Member Companies have operations. The foundation focuses on three main areas: promoting the free-enterprise system, providing educational scholarships, and supporting local charities, particularly those impacting families and children.[1][3]
Mission
The foundation has a multifaceted mission:
- Promotion of the Free Enterprise System: It aims to preserve and increase participation in the free-enterprise and free-market systems within the communities where Nordic Group facilities are located.[3]
- Educational Scholarships: The foundation awards various scholarships to associates and their children of Nordic Group Member Companies to encourage education and skill development. These include college scholarships, a music and performing arts scholarship, technical school scholarships, and public education scholarships for students in Saltillo, Mexico.[3]
- Support for Local Charities: The foundation supports charities that improve the quality of life in local communities, with a focus on child and family welfare.[1][3]
Governance
The Board of Directors includes descendants of W.R. and Floy A. Sauey, a president of a Nordic Group Member Company, and another Nordic Group executive.[3]
Financial Overview
As of its most recent filings, the foundation's revenue primarily comes from dividends and the sale of assets. It engages in charitable disbursements, focusing a significant portion of its expenses on donations to various organizations. Key organizations that have received grants include the International Crane Foundation, Baraboo Area Homeless Shelter, and The Uw-Platteville Foundation.[5]
Notable Activities
The foundation is involved in various charitable events, including the annual golf outing, which benefits different local charities each year. For example, in 2019, it raised funds for the Boys & Girls Club of West Central Wisconsin, helping upgrade their facilities.[4]
References
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Corporate Philanthropy | W.R. & Floy A. Sauey Family Foundation
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Organisations from W R and Floy A Sauey Family Foundation Inc
1. Baraboo First United Methodist Church
The United Methodist Church is a worldwide connection of close to 10 million members in over 100 countries including Africa, Asia, Europe and the United States.
3. International Crane Foundation
The International Crane Foundation works worldwide to conserve cranes and the ecosystems, watersheds.
4. Aldo Leopold Foundation, Inc.
The Aldo Leopold Foundation is a 501 (c)3 not-for-profit organization working to foster a land ethic through the legacy of Aldo Leopold.
BARA Sportswear is a Norwegian sportswear brand for active women.
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