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Also known as: C/O MARK TIMMERMAN
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Anchor Foundation Inc. is a private corporation based in FT LAUDERDALE, FL. The foundation received its IRS ruling in 2003. The principal officer is Mark Timmerman. It holds total assets of $892K. Annual income is reported at $53K. Total assets have decreased from $2.5M in 2011 to $892K in 2024. The foundation is governed by 3 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. Grantmaking is concentrated in Wisconsin. According to available records, Anchor Foundation Inc. has made 11 grants totaling $105K, with a median grant of $10K. Annual giving has grown from $35K in 2021 to $70K in 2022. Individual grants have ranged from $5K to $20K, with an average award of $10K. The foundation has supported 4 unique organizations. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$12K
Largest Grant
$20K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Anchor Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 11 grants. Its grantmaking reaches organizations primarily in WI.
Anchor Foundation Inc. has distributed a total of $105K across 11 grants. The median grant size is $10K, with an average of $10K. Individual grants have ranged from $5K to $20K.
Anchor Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Anchor Foundation Inc. is headquartered in FT LAUDERDALE, FL.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Douglas J Timmerman | VP & TREASURER | $18K | $0 | $18K |
| Mark D Timmerman | PRESIDENT & SECRETARY | $18K | $0 | $18K |
| Jennifer Timmerman | MEMBER | $12K | $0 | $12K |
Total Giving
N/A
Total Assets
$892K
Fair Market Value
N/A
Net Worth
$892K
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
11
Total Giving
$105K
Average Grant
$10K
Median Grant
$10K
Unique Recipients
4
Most Common Grant
$5K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Edgewood High SchoolPROGRAM SUPPORT | Madison, WI | $15K | 2022 |
| Attic Angel Place - Memory Care Gifting ProgramPROGRAM SUPPORT | Madison, WI | $10K | 2022 |
| Lutheran Social ServicesPROGRAM SUPPORT | Milwaukee, WI | $5K | 2022 |
| Humorology IncPROGRAM SUPPORT | Madison, WI | $5K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL