EIN 39-1336413

Ablelight Foundation

IRS 501(c) type
501(c)(3)
Num. employees
0
City
Watertown
Year formed
1979
Most recent tax filings
2022-08-01
Description
The Ablelight Foundation is a charitable, religious and educational organization that solicits, manages, invests and expends endowment funds and other gifts, grants and bequests regardless of whether they consist of real or personal property. This purpose is outlined in Article VIII, Section 1 of its Articles of Incorporation.
Related structure
Ablelight Foundation is a subordinate organization under Ablelight.
Also known as...
Bethesda Lutheran Foundation
Total revenues
$5,209,016
2022
Total expenses
$425,850
2022
Total assets
$111,508,964
2022
Num. employees
0
2022

Program areas at Ablelight Foundation

The corporation is a charitable, religious and educational organization, the purpose of which is to solicit, hold, manage, invest and expend endowment funds and other gifts, grants and bequests, whether consisting of real or personal property, and whether subject to directions or conditions imposed by donors, exclusively for the maintenance and benefit of Ablelight Inc of watertown, Wisconsin and such of its charitable, religious or educational programs or activities as the board of directors of this corporation from time to time deem to be suitable and appropriate.

Who funds Ablelight Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Vanguard Charitable Endowment ProgramFor Recipient's Exempt Purpose$5,500

Personnel at Ablelight Foundation

NameTitleCompensation
David SneddonChief Operating Officer$0
Brian SavoieChief Financial Officer$0
Cindy Moon-MogushChief Marketing and Communications Officer$0
Sri NagarajanChief Technology and Innovation Officer$0
Diane EkstrandChief Human Resources Officer$0
...and 21 more key personnel

Financials for Ablelight Foundation

RevenuesFYE 08/2022
Total grants, contributions, etc.$2,206,481
Program services$0
Investment income and dividends$1,858,131
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,144,064
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$340
Total revenues$5,209,016

Form 990s for Ablelight Foundation

Fiscal year endingDate received by IRSFormPDF link
2021-082022-07-15990View PDF
2020-082021-07-15990View PDF
2019-082020-09-25990View PDF
2018-082019-06-19990View PDF
2017-082018-04-10990View PDF
...and 7 more Form 990s
Data update history
August 19, 2023
Posted financials
Added Form 990 for fiscal year 2021
August 19, 2023
Updated personnel
Identified 4 new personnel
August 7, 2023
Posted financials
Added Form 990 for fiscal year 2020
June 26, 2023
Updated personnel
Identified 2 new personnel
June 7, 2023
Updated personnel
Identified 2 new personnel
Nonprofit Types
Hospital foundationsGrantmaking organizationsHealth organizationsChapter / child organizationsCharities
Issues
HealthEducation
Characteristics
Funds one specific organizationNational levelEndowed supportFundraising races, competitions, and tournamentsTax deductible donationsNo full-time employees
General information
Address
600 Hoffmann Dr
Watertown, WI 53094
County
Jefferson County, WI
Website URL
ablelight.org/ 
Phone
(920) 261-3050
IRS details
EIN
39-1336413
Fiscal year end
August
Taxreturn type
Form 990
Year formed
1979
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E11: Health Care Single Organization Support
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Subordinate organization
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