NonprofitsWlcc Foundation Inc

Education

Wlcc Foundation Inc

PETOSKEY, MI

Total revenue

$88K

Total expenses

$76K

Net assets

$338K

Grants received

$120K

2 grants

EIN

873826938

Tax year

2024

Mission

1)to provide financial assistance and need-based scholarships to walloon lake country club employees and their children and grandchildren.2)to provide financial assistance for the beautification and maintenance of the public land, egresses, and surrounding areas adjacent to the club in walloon lake, michigan.

Financials

FY 2024

Revenue

Contributions & grants$71K
Program service revenue
Investment income$13K
Other revenue$3K
Total revenue$88K

Expenses

Grants paid$71K
Salaries & benefits
Fundraising
Other expenses$2K
Total expenses$76K
Total assets$338K
Net assets$338K

People

4 listed

NameRoleCompensation

TERRY GRAESSLE

PRESIDENT

Board

1 hrs/wk

KAREN MULLIGAN

VICE PRESIDENT

Board

1 hrs/wk

THOMAS BALAMES

SECRETARY

Board

1 hrs/wk

DANIEL VAN VOORHIS

TREASURER

Board

1 hrs/wk

Grants received

Showing 2 of 2

FromAmountPurposeYear
$100K
1)TO PROVIDE FINANCIAL ASSISTANCE AND NEED-BASED SCHOLARSHIPS TO EMPLOYEES AND THEIR CHILDREN AND GRANDCHILDREN.2)TO PROVIDE FINANCIAL ASSISTANCE FOR THE BEAUTIFICATION AND MAINTENANCE OF THE PUBLIC LAND, EGRESSES, AND SURROUNDING AREAS ADJACENT TO THE CLUB IN WALLOON LAKE, MICHIGAN.
2022
$20K
For grant recipient's exempt purposes
2022

Funded by

$120K from 2 funders · 2 grants · 2022

Walloon Lake Country Club

$100K · 1 grant · 2022

Details

EIN873826938
NTEE codeB12
Subsection03
Ruling date2022-10
WLCC FOUNDATION INC — Mission, Financials & Grants Received | Grantivo