Cumberland Federal Foundation is a private corporation based in CUMBERLAND, WI. The foundation received its IRS ruling in 2007. The principal officer is % Steven A Thoe. It holds total assets of $2.4M. Annual income is reported at $88K. The foundation operates in the area of philanthropy & grantmaking. According to available records, Cumberland Federal Foundation has made 9 grants totaling $368K, with a median grant of $40K. Annual giving has grown from $50K in 2020 to $98K in 2023. Grantmaking activity was highest in 2022 with $180K distributed across 4 grants. Individual grants have ranged from $25K to $50K, with an average award of $41K. The foundation has supported 6 unique organizations. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
Cumberland Federal Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 9 grants. Its grantmaking reaches organizations primarily in WI.
Cumberland Federal Foundation has distributed a total of $368K across 9 grants. The median grant size is $40K, with an average of $41K. Individual grants have ranged from $25K to $50K.
Cumberland Federal Foundation typically selects its grantees rather than accepting unsolicited proposals.
Cumberland Federal Foundation is headquartered in CUMBERLAND, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Todd Roeschlein | DIRECTOR | $0 | $0 | $0 |
| Sam D Donatelle | PRESIDENT | $0 | $0 | $0 |
| Barry Ranallo | VICE PRESIDENT | $0 | $0 | $0 |
| Steven A Thoe | SECRETARY | $0 | $0 | $0 |
| Shay Horton | TREASURER | $0 | $0 | $0 |
Total Giving
$103K
Total Assets
$2.2M
Fair Market Value
$2.2M
Net Worth
$2.2M
Grants Paid
$98K
Contributions
$40K
Net Investment Income
$56K
Distribution Amount
$102K
Total: $2.2M
Total Grants
9
Total Giving
$368K
Average Grant
$41K
Median Grant
$40K
Unique Recipients
6
Most Common Grant
$40K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| City Of LadysmithEZ DOCK BOAT LAUNCH | Ladysmith, WI | $40K | 2023 |
| Cumberland School DistrictGENERAL FUND | Cumberland, WI | $34K | 2023 |
| Timberland Hills Foundation IncGENERAL FUND | Cumberland, WI | $25K | 2023 |
| Cumberland Healthcare FoundationGENERAL FUND | Cumberland, WI | $40K | 2022 |
| Cumberland Fire Fighters AssocGENERAL FUND | Cumberland, WI | $40K | 2021 |
| Travis Erickson |
| DIRECTOR |
| $0 |
| $0 |
| $0 |
| Ryan Farr | DIRECTOR | $0 | $0 | $0 |
| Brenda Kupferschmidt | DIRECTOR | $0 | $0 | $0 |
| Carl Proescholdt | DIRECTOR | $0 | $0 | $0 |
| 2018 | 990PF | View |
| 2017 | 990PF | View |
| 2016 | 990PF | View |
| City Of CumberlandREPAIRS TO SENIOR CITIZENS BUILDING | Cumberland, WI | $50K | 2020 |
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