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Komatsu Mining Corp Foundation Inc. is a private corporation based in MILWAUKEE, WI. The foundation received its IRS ruling in 1990. The principal officer is Cathy Stagmer. It holds total assets of $9.9M. Annual income is reported at $3.6M. Total assets have grown from $7.9M in 2010 to $10.5M in 2022. The foundation is governed by 4 officers and trustees. Tax records are available from 2021 to 2023. According to available records, Komatsu Mining Corp Foundation Inc. has made 3 grants totaling $1.9M, with a median grant of $648K. The foundation has distributed between $622K and $668K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $668K distributed across 1 grants. Individual grants have ranged from $622K to $668K, with an average award of $646K. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
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.
Komatsu Mining Corp Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in WI.
Komatsu Mining Corp Foundation Inc. has distributed a total of $1.9M across 3 grants. The median grant size is $648K, with an average of $646K. Individual grants have ranged from $622K to $668K.
The application deadline is None.. The Foundation does not contribute to religious organizations or institutions primarily supported by taxes or public funds. The Foundation will not contribute to national organizations, medical research, directly to schools or universities or to community development programs. Contributions are limited to organizations which are exempt from taxation under the U.S. International Revenue Code. Contributions will not be made for use in foreign countries. Recipients will be required to certify that funds received from the Foundation will be utilized solely within the United States.
Komatsu Mining Corp Foundation Inc. is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary A Kasbeer | President | $0 | $0 | N/A |
| Gregory W Elliott | Vice President | $0 | $0 | N/A |
| Ed Bathelt | Secretary | $0 | $0 | N/A |
| Patti Effertz | Treasurer | $0 | $0 | N/A |
Total Giving
$702K
Total Assets
$10.5M
Fair Market Value
$10.7M
Net Worth
$10.5M
Grants Paid
$648K
Contributions
N/A
Net Investment Income
$390K
Distribution Amount
$524K
Total: $6.3M
Total Grants
3
Total Giving
$1.9M
Average Grant
$646K
Median Grant
$648K
Unique Recipients
1
Most Common Grant
$648K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See AttachmentVarious | Milwaukee, WI | $648K | 2023 |