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Modine Manufacturing Company Foundation Inc. is a private corporation based in RACINE, WI. The foundation received its IRS ruling in 1995. The principal officer is Michael B Lucareli. It holds total assets of $374K. Annual income is reported at $75K. Total assets have grown from $6K in 2011 to $430K in 2023. Direct charitable contributions given to support the exempt missions of various charitable organizations. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2021 to 2024. The foundation primarily funds organizations in Wisconsin and Missouri. According to available records, Modine Manufacturing Company Foundation Inc. has made 39 grants totaling $580K, with a median grant of $200. Annual giving has decreased from $231K in 2022 to $82K in 2024. Grantmaking activity was highest in 2023 with $267K distributed across 14 grants. Individual grants have ranged from $200 to $199K, with an average award of $15K. The foundation has supported 22 unique organizations. The foundation primarily supports organizations in Wisconsin, Missouri, Georgia, which account for 79% of all grants. Grantmaking reaches organizations across 9 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$200
Average Grant
$9K
Largest Grant
$185K
Based on 24 grants from the most recent 990-PF filing.
Direct charitable contributions given to support the exempt missions of various charitable organizations
Expenses: $231K
Direct charitable contributions given to support the exempt missions of various charitable organizations. Based on available records, the foundation has funded 39 grants. Its grantmaking reaches organizations primarily in WI, MO, GA.
Modine Manufacturing Company Foundation Inc. has distributed a total of $580K across 39 grants. The median grant size is $200, with an average of $15K. Individual grants have ranged from $200 to $199K.
Modine Manufacturing Company Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Modine Manufacturing Company Foundation Inc. is headquartered in RACINE, WI. While based in WI, the foundation distributes grants to organizations across 9 states.
Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$82K
Total Assets
$430K
Fair Market Value
$430K
Net Worth
$430K
Grants Paid
$82K
Contributions
$300K
Net Investment Income
N/A
Distribution Amount
$6K
Total Grants
39
Total Giving
$580K
Average Grant
$15K
Median Grant
$200
Unique Recipients
22
of 2024 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| American Cancer SocietyContribution | Atlanta, GA | $5K | 2024 |
| United Way Of Sw Mo And Se KsContribution | Joplin, MO | $40K | 2024 |
| United Way Of Central Missouri IncContribution | Jefferson City, MO | $28K | 2024 |
| United Way Of Racine County IncContribution | Racine, WI | $5K | 2024 |
| Restoring Hope Ministries IncContribution | Green Bay, WI | $1K | 2024 |
| Girl Scouts Of Wisconsin SoutheastContribution | Milwaukee, WI | $200 | 2024 |
| Bikers Against Child AbuseContribution | Jefferson City, MO | $200 | 2024 |
| Boy Scouts Of America 129Contribution | Highland Park, IL | $200 | 2024 |
| Southeastern Lake Scholastic MountiContribution | Pleasant Prairie, WI | $200 | 2024 |
| FirstContribution | Manchester, NH | $200 | 2024 |
| Racine Theatre Guild IncContribution | Racine, WI | $200 | 2024 |
| Rocket Boosters IncContribution | S Milwaukee, WI | $200 | 2024 |
| Village Of Mount PleasantContribution | Mt Pleasant, WI | $200 | 2024 |
| 906 Adventure TeamContribution | Marquette, MI | $200 | 2024 |
| Natl Interscholastic Cycling AssocContribution | Berkeley, CA | $200 | 2024 |
| Racine Zoological Society509a2 | Racine, WI | $8K | 2023 |
| Young Mens Christian Association170b1Avi | Racine, WI | $5K | 2023 |
| Oak Creek Franklin Fnd Of Education170b1Avi | Oak Creek, WI | $1K | 2023 |
| Young Life170b1Ai | Colorado Springs, CO | $200 | 2023 |
| First Assembly Of God170b1Ai | Trenton, MO | $200 | 2023 |
| Trenton Royal RangersCharitalbe | Trenton, MO | $1K | 2022 |
| Gesslin Corner Volunteer Fire DeptCharitable | Grenada, MS | $200 | 2022 |