LAKESHORE COMMUNITY FOUNDATION INC
915 MEMORIAL DRIVE, MANITOWOC, WI 54220 www.lakeshorecommunityfoundation.org

Total Revenue
$4,685,331
Total Expenses
$1,555,210
Net Assets
$31,315,798

Organizations Filed Purposes: LAKESHORE COMMUNITY FOUNDATION'S MISSION IS TO GATHER, GROW AND GIVE CHARITABLE FINANCIAL RESOURCES IN ORDER TO BUILD STRONGER, MORE VIBRANT COMMUNITIES IN SHEBOYGAN AND MANITOWOC COUNITIES.

TO GATHER, GROW AND GIVE CHARITABLE FINANCIAL RESOURCES TO BENEFIT THE COMMUNITIES IT SERVES.

LAKESHORE COMMUNITY FOUNDATION, INC. IS A TAX EXEMPT PUBLIC CHARITY ORGANIZED TO PROMOTE AND MANAGE ENDOWMENT FUNDS PRIMARILY FOR THE BENEFIT OF SHEBOYGAN AND MANITOWOC COUNTIES. THE FOUNDATION RECEIVES, ADMINISTERS, AND DISTRIBUTES GIFTS FROM INDIVIDUALS AND ORGANIZATIONS FOR THE LONG TERM BENEFIT OF THE COUNTIES IT SERVES. DURING 2019, THE FOUNDATION ADDED 10 NEW FUNDS TO ITS PORTFOLIO FOR A TOTAL OF 63 FUNDS WITH AN AGGREGATE MARKET VALUE OF $43,140,000 AT YEAR END. AVERAGE FUND SIZE WAS $685,000. DURING 2019, GROWTH IN GIFTS TO NEW AND EXISTING FUNDS WAS $4,638,000. THE FOUNDATION MADE 151 GRANTS DURING 2019 TOTALING $1,556,000. SINCE THE FIRST FUND WAS ESTABLISHED IN MAY 2011, THE FOUNDATION HAS DISTRIBUTED MORE THAN $12,865,000 IN GRANTS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Rachel WiegertCHIEF EXECUTIVE OFFICER55$98,290
Randall OlmBOARD MEMBER1.5$0
James VopatBOARD MEMBER1.5$0
Sandra SachseBOARD MEMBER1.5$0
Richard BalgeBOARD MEMBER1.5$0
Jane PfefferSECRETARY1.5$0
Joseph DiraimondoTREASURER1.5$0
Thomas BareVICE PRESIDENT2$0
Thomas AschenbrennerCHAIRMAN4$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202022199349301357_public.xml