Greater Menomonee Falls Foundation
The Greater Menomonee Falls Foundation is a 501(c)(3) nonprofit organization established in 1991 in Menomonee Falls, Wisconsin. The foundation is dedicated to enhancing the quality of life in the Menomonee Falls community by providing a mechanism for residents to invest in local charitable efforts through donations and estate gifts.
Mission and Activities
The primary mission of the Greater Menomonee Falls Foundation is to serve as an effective means for donors to support charities primarily focused within the Menomonee Falls area. The foundation facilitates this support by administering an annual grants program, which provides financial assistance to nonprofit organizations that address various community needs. This includes funding for educational initiatives, health services, arts and culture, and community development projects.
Grants Program
The foundation's grants program is essential to its operations, funding a variety of community needs through qualified nonprofit organizations. Grant applicants must be recognized as tax-exempt under IRS guidelines and must provide services within the Greater Menomonee Falls area. The foundation specifically requires that grantees do not redistribute funds to other organizations, ensuring that funds are utilized directly for community benefit.
Grant applications are typically due by March 1 each year, and required documents include proof of tax-exempt status, financial statements, and agency budgets.
Funding and Contributions
The Greater Menomonee Falls Foundation generates its revenue through contributions from individuals, corporations, and other philanthropic entities. In the fiscal year ending December 2023, the foundation reported total revenues of $51,520, which included grants, contributions, and investment income. These funds are crucial in sustaining the foundation's mission and supporting the local community.
Leadership
The foundation is governed by a board of directors composed of community members. As of the latest reports, the board includes individuals such as Randy Newman (President), Robin Manke (Secretary), and Rick Kohl (Treasurer), who volunteer their time and expertise to oversee the foundation’s operations and strategic direction.
Impact
Through its grants and community initiatives, the Greater Menomonee Falls Foundation plays a vital role in fostering a strong, vibrant community. By empowering local charities and encouraging charitable giving, the foundation contributes to the overall well-being of residents in Menomonee Falls and surrounding areas.
Overall, the Greater Menomonee Falls Foundation exemplifies a successful model of community philanthropy, where local residents can make a significant impact by supporting essential services and programs that enhance their community's quality of life.
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