EIN 51-0188377

Racine Community Foundation

IRS 501(c) type
501(c)(3)
Num. employees
3
City
Year formed
1975
Most recent tax filings
2024-12-01
NTEE code, primary
Description
To enhance the quality of life for the people of Racine county by encouraging and providing opportunities for charitable giving and by managing and distributing the funds in a responsible manner.
Total revenues
$6,122,615
2024
Total expenses
$4,710,322
2024
Total assets
$81,594,304
2024
Num. employees
3
2024

Program areas at Racine Community Foundation

The Racine Community Foundation funds other non-profit Community organizations to help strengthen and deliver programs that are vital to the people of Racine county. In 2024, the Racine Community Foundation awarded over $3.82 million in grants, primarily in the categories of arts and culture, Community development, education, environmental, health, and human services. During the year the Racine Community Foundation awarded 70 arts and culture, 132 Community development, 213 education, 34 environmental, 51 health, and 154 human services grants. A total of 654 grants were awarded.

Grants made by Racine Community Foundation

GranteeGrant descriptionAmount
Racine Art Museum Association (RAM)For Programming and Operations$189,445
Health Care NetworkFor Programming and Operations$134,396
Vision Forward Association IncorporatedFor Vision Loss Services in Racine County$104,888
...and 90 more grants made totalling $3,321,437

Who funds Racine Community Foundation

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
United Way of Racine CountyEif Funding$743,524
Ruffo Family FoundationSupport the RCF Public Safety Fund$15,000
Norway Community FundCharitable Work$12,600

Financials for Racine Community Foundation

RevenuesFYE 12/2024
Total grants, contributions, etc.$1,640,784
Program services$73,758
Investment income and dividends$1,584,370
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$2,823,680
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$23
Total revenues$6,122,615

Organizations like Racine Community Foundation

OrganizationLocationRevenue
Chautauqua Region Community FoundationJamestown, NY$12,003,854
The Taos Community FoundationTaos, NM$5,629,788
Kearney Area Community FoundationKearney, NE$7,057,554
Decatur County Community FoundationGreensburg, IN$3,995,809
Martha's Vineyard Community FoundationWest Tisbury, MA$2,778,189
Community Foundation of Eastern Connecticut (CFECT)New London, CT$17,283,333
Brown County Community FoundationNashville, IN$7,405,512
Capital Region Community FoundationLansing, MI$9,546,045
The Portland FoundationPortland, IN$3,726,834
Community Foundation of Greater RochesterRochester, MI$2,410,617
Data update history
June 4, 2025
Updated personnel
Identified 3 new personnel
June 3, 2025
Posted financials
Added Form 990 for fiscal year 2024
January 19, 2025
Received grants
Identified 1 new grant, including a grant for $12,600 from Norway Community Fund
October 20, 2024
Received grants
Identified 1 new grant, including a grant for $743,524 from United Way of Racine County
July 16, 2024
Received grants
Identified 1 new grant, including a grant for $15,100 from Ruffo Family Foundation
Nonprofit Types
Grantmaking organizationsCommunity foundationsCharities
Issues
EducationCommunity improvement
Characteristics
Operates donor advised fundsProvides grantsState / local levelReceives government fundingEndowed supportProvides scholarshipsTax deductible donationsAccepts online donations
General information
Address
1135 Warwick Way 200
Racine, WI 53406
Metro area
Racine, WI
County
Racine County, WI
Website URL
racinecommunityfoundation.org/ 
Phone
(262) 632-8474
Facebook page
RacineCommunityFoundation 
IRS details
EIN
51-0188377
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1975
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
T31: Community Foundations
NAICS code, primary
813211: Grantmaking Foundations
Parent/child status
Independent
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