RACINE COMMUNITY FOUNDATION INC

RACINE, WI, 53406-5610 (262) 632-8474 Est. 1975 EIN 51-0188377
T310— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.RACINECOMMUNITYFOUNDATION.ORG

Mission

THE MISSION OF THE RACINE COMMUNITY FOUNDATION IS TO SUPPORT THE PEOPLE OF RACINE COUNTY BY PROVIDING FUNDING TO RACINE COUNTY'S HARD WORKING NONPROFIT ORGANIZATIONS AND STUDENTS, AND RESPONSIBLY STEWARDING OUR ENDOWMENT AND ALL GIFTS ENTRUSTED TO IT, SO WE MAY CONTINUE TO PARTNER WITH OUR DONORS TO PROVIDE THIS FUNDING FOREVER.

Giving Portfolio

Total Grants
557
Total Giving
$18.0M
Recipients
516
Years Active
2018 - 2024
Avg grant: $32,420 Median: $19,295

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
202497$3.4M $35K1080
202395$3.3M $35K1970
202296$3.0M $31K1673
202192$2.4M $26K1668
202097$3.0M $31K3456
201880$3.0M $37K740

Sectors Funded

Human Services
79
Education
41
Arts, Culture & Humanities
30
Diseases & Disorders
22
Youth Development
20
Community Improvement
18
Philanthropy & Grantmaking
18
Housing & Shelter
16
and 12 more sectors

Top States

Wisconsin
542
Minnesota
6
Maryland
4
Illinois
3
Michigan
1
Iowa
1

Grantee Size Profile

$1M - $5M
122
$100K - $500K
81
Over $50M
50
$500K - $1M
41
Under $100K
41
$10M - $50M
26
$5M - $10M
22

Top Grantees

$851K
ST CATHERINE'S HIGH SCHOOL
WI - 2 grants
$540K
$365K
and 15 more grantees

Grants Awarded · 492 grants

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Financials

Total Revenue
$6,122,615
Total Expenses
$4,710,322
Net Assets
$73,983,349
3 employees 69 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 34.9%
Expenses ↑ 4.4%
Revenue Sources
Contributions 26.8% Earned revenue 1.2% Investment 72.0%
Expense Breakdown
Program 81.2% Management 17.4% Fundraising 1.4%

Officers & Trustees (18)

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Filing History (6 filings)

YearRevenueExpensesNet Assets
2024 Form 990$6,122,615 $4,710,322$73,983,349
2023 Form 990$4,540,164 $4,510,997$71,333,590
2022 Form 990$4,559,798 $4,206,701$66,395,553
2021 Form 990$12,582,646 $3,500,733$78,759,131
2020 Form 990$7,071,127 $3,760,988$69,335,255
2018 Form 990$8,381,329 $4,123,018$55,133,864

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EIN: 51-0188377 · Source: IRS Form 990 e-file data