TOTAL REVENUE - FISCAL 2025
$26,474,338
Up 57.6% from $16,802,979 in fiscal 2024.
Lakeshore Community Foundation Inc
Manitowoc, Wisconsin - EIN 27-0978059 - Latest filing: fiscal 2025 (Jan 1, 2025 - Dec 31, 2025)
HOW TO READ THIS PAGE
How to read this page: every figure below is from the fiscal-2025 Form 990, filed Jun 2, 2026. People named below are shown as reported on the fiscal-2025 Form 990, filed Jun 2, 2026 - the filing is a snapshot of that fiscal year, not a list of current officeholders.
THE FILING IN ONE PARAGRAPH
Lakeshore Community Foundation Inc reported $26,474,338 in revenue and $3,657,101 in expenses in fiscal 2025, a surplus of $22,817,237 for the year. Program services took $3,273,198 of expenses, or 89.5%. The organization closed the year with $107,268,431 in net assets - about 352.0 months of expenses at the fiscal-2025 spending level.
At a Glance - Fiscal 2025
All values are fiscal 2025 unless a tile says otherwise.
TOTAL EXPENSES - FISCAL 2025
$3,657,101
Revenue minus expenses: $22,817,237 in fiscal 2025.
PROGRAM EXPENSE SHARE - FISCAL 2025
89.5%
$3,273,198 of $3,657,101 went to program services.
NET ASSETS - END OF FISCAL 2025
$107,268,431
Total assets $155,148,586 minus total liabilities $47,880,155.
TOP EXECUTIVE PAY - FISCAL 2025
$199,734
Rachel Wiegert, Chief Executive Officer, as reported on the fiscal-2025 Form 990, filed Jun 2, 2026. Total across all compensation columns.
PEOPLE REPORTED - FISCAL 2025
4 Employees
Plus 9 volunteers reported on the fiscal-2025 Form 990.
Money In, Money Out - Fiscal 2025
Revenue and expenses as reported on the fiscal-2025 Form 990, filed Jun 2, 2026. Donated goods are separated from cash so food and supply donations do not read as cash income.
Where the Money Went - Fiscal 2025
Management and general is the figure reported on the filing (Part IX total); where a filing does not carry it, it is computed as the residual of total expenses minus program and fundraising expenses. Cost to raise a dollar in fiscal 2025: $0.00 - $61,143 in fundraising expenses divided by $20,419,398 in total contributions. On cash contributions only: $0.00.
Where the Money Came From - Fiscal 2025
| Source | Fiscal 2025 |
|---|---|
| Total Contributions | $20,419,398 |
| Of Which Cash Contributions | $17,814,909 |
| Of Which Donated Goods (Noncash) | $2,604,489 |
| All Other Contributions | $20,419,398 |
| Program Service Revenue | $130,497 |
| Investment Income | $5,924,443 |
| Other Revenue | $0 |
| Total Revenue (All Sources) | $26,474,338 |
Government Grants - Not Broken Out
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
The fiscal-2025 Form 990 does not break out government grants as a separate line for this organization. This page shows Not Broken Out instead of estimating a figure.
Reserves and Balance Sheet - Fiscal 2025
Reserves and Runway
352.0 Months
of reserves - $107,268,431 in net assets at the end of fiscal 2025, divided by average monthly expenses of about $304,758 in fiscal 2025.
Net assets can include donor-restricted funds, buildings and other assets that cannot be spent like cash. Treat months of reserves as a scale measure, not as cash in the bank.
Balance Sheet - End of Fiscal 2025
| Total Assets | $155,148,586 |
| Total Liabilities | $47,880,155 |
| Liabilities as Share of Assets | 30.9% |
| Net Assets | $107,268,431 |
Leadership Pay - Fiscal 2025
Pay is the summed total across all compensation columns on the Form 990 - pay from the organization, pay from related organizations, and other compensation. People are shown as reported on the fiscal-2025 Form 990, filed Jun 2, 2026.
| Name and Title, as Reported | Total Pay - Fiscal 2025 | Share of Expenses |
|---|---|---|
| Rachel Wiegert - Chief Executive Officer | $199,734 | 5.46% |
The full Part VII table lists every officer, director, trustee and key employee named on the filing, with hours and the same summed total. Compensation is reported for the calendar year ending within the fiscal year, per the Form 990.
Board and Governance - Fiscal 2025
Board and policy answers as reported on the fiscal-2025 Form 990, filed Jun 2, 2026.
Board Roster - as Reported on the Fiscal-2025 Form 990
9 voting members, 9 independent - independence count as reported on the fiscal-2025 Form 990.
| Name, as Reported | Role, as Reported |
|---|---|
| Rachel Wiegert | Chief Executive Officer |
| Thomas Aschenbrenner | Chairman |
| James Vopat | Vice President |
| Thomas Bare | Treasurer |
| Jane Pfeffer | Secretary |
| Richard Balge | Director |
| Randall Olm | Director |
| Grant Pauly | Director |
| Alex Allie | Director |
| Pamela Langan | Director |
Governance Policy Flags - Fiscal 2025
Conflict of Interest PolicyYes - Reported
Whistleblower PolicyYes - Reported
Document Retention PolicyYes - Reported
Audited Financial StatementsYes - Reported
Audit CommitteeYes - Reported
Board Size and Independence9 voting / 9 independent
Flags report what the organization answered on the Form 990. A Yes means the policy was reported on the filing; it is not an outside review of how the policy works in practice.
Grants - Fiscal 2025
Grants Made - Fiscal 2025
This organization reported $3,017,961 in grants paid in fiscal 2025.
| Recipient, as Reported | Amount |
|---|---|
| Above & Beyond Children'S Museum CARE AND SHARE VET CLINIC | $10,000 |
| Alzheimer'S Disease Research Foundation CURE ALZHEIMER'S FUND | $10,693 |
| Ascend Services Inc UNRESTRICTED | $8,650 |
| Blessed Sacrament Congregation UNRESTRICTED | $16,040 |
| Blinknow Foundation UNRESTRICTED | $6,000 |
| Boys & Girls Club Fox Valley Inc BOYS & GIRLS CLUB OF MANITOWOC COUNTY | $5,250 |
| Boys & Girls Club Of Sheboygan County UNRESTRICTED | $7,500 |
| Brillion Public Schools BRILLION HIGH SCHOOL SCHOLARSHIPS | $6,000 |
| Camp Evergreen Corporation $3,000 UNRESTRICTED; $5,000 NATATORIUM PROJECT | $8,000 |
| Capitol Civic Centre Inc $69,000 UNRESTRICTED; $50,000 ENDOWMENT | $119,000 |
| Casa Of East Central Wisconsin TO SUPPORT ADVOCACY AND EDUCATION AROUND YOUTH ANTI-TRAFFICKING AND SURVIVOR SUPPORT | $5,600 |
| Catholic Foundation For The Diocese Of Green Bay Inc $500 BISHOP APPEAL; $1,000 UNRESTRICTED; $13,000 RAISING VOCATION COLLECTION | $14,500 |
| Children'S Hospital Of Wisconsin Foundation Inc JOHN AND BRIGID MILLER FAMILY FUND - TO SUPPORT THE CHILDREN'S CENTER FOR CHILD DEVELOPMENT | $20,000 |
| City Of Manitowoc $800 POLICE DEPARTMENT TO SUPPORT TRAINING OF, AND PURCHASE EQUIPMENT FOR, THE K-9 UNITS; $10,450 K-9 PRESERVATION FUND | $11,250 |
| Compassion International UNRESTRICTED | $90,000 |
| Dementia Innovations Inc $50,000 UNRESTRICTED; $16,667- A DONATION ON BEHALF OF MIKE, MARK, AND SCOTT MOLEPSKE IN MEMORY OF THEIR MOTHER, KAY SCHROEDER; $70,000 - A DONATION BY MIKE AND AMY MOLEPSKE IN HONOR OF THEIR MOTHERS, PATTI HOLMES AND KAY SCHROEDER; $5,000 - A DONATION IN HONOR OF JIM HOLMES AS A BIRTHDAY GIFT; $100,000 LIVASU PROJECT | $241,667 |
| Doctors Without Borders USA Inc UNRESTRICTED | $6,000 |
| Donald Driver Foundation 4320 DINNER WITH THE DRIVERS | $10,000 |
| Earl O Vits Memorial Trust CAMP SINAWA | $10,000 |
| Fidelity Investments Charitable Gift Fund BJP GIFT FUND #60373 | $6,418 |
| First Lutheran Church UNRESTRICTED | $10,000 |
| First United Lutheran Church UNRESTRICTED | $6,000 |
| Friends Of Mariners Trail Inc $5,375 UNRESTRICTED; $3,000 ENDOWMENT | $8,375 |
| Good Shepherd Parish CHILTON AREA CATHOLIC SCHOOL | $10,000 |
| Humane Society Of Sheboygan County $5,400 TO PROVIDE MEDICAL ASSISTANCE TO ANIMALS IN CRISIS; $13,000 UNRESTRICTED | $18,400 |
| John Michael Kohler Arts Center Inc UNRESTRICTED | $10,950 |
| Kiel Area School District KIEL HIGH SCHOOL SCHOLARSHIPS | $5,900 |
| Lakeshore Community Foundation Inc $4,600 LAKESHORE COMMUNITY FOUNDATION ENDOWMENT; $271,850 OPERATIONS | $276,450 |
| Lakeshore First Robotics Programs UNRESTRICTED | $180,000 |
| Lakeshore Humane Society Inc UNRESTRICTED | $11,000 |
| Lakeshore Technical College Foundation Inc $800 TO PROVIDE SCHOLARSHIPS FOR STUDENTS ENROLLED IN THE CRIMINAL JUSTICE-LAW ENFORCEMENT PROGRAM; $10,000 FOOD SHARE PROGRAM; $32,000 JOHN AND KATE MILLER IMPACT FUND: ACADEMIC YEAR 2024-2025; $95,194.32 SCHOLARSHIPS | $137,994 |
| Lester Public Library Foundation Inc $2,500 UNRESTRICTED; $5,000 TO BE USED EXCLUSIVELY FOR MINI-GRANTS OF UP TO $1,000 TO SUPPORT EXISTING LESTER PUBLIC LIBRARY PROGRAMS, WITH PARTICULAR BENEFIT TO CHILDREN AND SENIORS | $7,500 |
| Lighthouse Recovery Community Center Inc $6,000 UNRESTRICTED; $10,950 TO SUPPORT SOBER LIVING OPPORTUNITES FOR WOMAN WITH CHILDREN | $16,950 |
| Lutheran High School Association Of The Greater Sheboygan Area Inc SCHOLARSHIPS AND COMPUTER | $13,549 |
| Make-A-Wish Foundation Of Wisconsin Inc ADOPT-A-WISH ITEMS ON ENCLOSED STATEMENTS | $5,700 |
| Manitowoc County Domestic Violence Center Inc $3,693 UNRESTRICTED; $10,000 DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER; $10,950 FOR THE SHELTER PROGRAM | $24,643 |
| Manitowoc County Historical Society $450 ENDOWMENT FUND; $10,000 ANNUAL APPEAL; $56,150 UNRESTRICTED; $102,000 MEEME HOUSE LOAN | $168,600 |
| Manitowoc Public School District Foundation SCHOLARSHIPS | $134,810 |
| Manitowoc Symphony Orchestra Association Inc $37,750 UNRESTRICTED; $50,000 ENDOWMENT | $87,750 |
| Masquers Inc UNRESTRICTED | $10,000 |
| Meals On Wheels Of Sheboygan County Inc UNRESTRICTED | $6,000 |
| Mental Health America Lakeshore Inc $2,000 UNRESTRICTED; $12,500 MATCHING GIFT FOR THE RESILIENT CLASSROOM PROJECT | $14,500 |
| Midwest Barefooters Inc TO PURCHASE AND INSTALL A NEW ENGINE IN THE REGION'S TOURNAMENT WATER SKI TOWBOAT | $20,000 |
| Painting Pathways Clubhouse Inc $450 ENDOWMENT FUND; $5,650 UNRESTRICTED | $6,100 |
| Peter'S Pantry Inc UNRESTRICTED | $12,000 |
| Planned Parenthood Of Wisconsin Inc UNRESTRICTED | $5,500 |
| Richardson Humane Society UNRESTRICTED | $10,000 |
| Roncalli Catholic Schools $20,000 RONCALLI HIGH SCHOOL; $20,000 RONCALLI MIDDLE SCHOOL; $20,000 RONCALLI ELEMENTARY SCHOOL; $98,950 RONCALLI HIGH SCHOOL SCHOLARSHIPS | $158,950 |
| Sacred Heart Catholic Church UNRESTRICTED | $16,040 |
| Salvation Army - Manitowoc UNRESTRICTED | $11,524 |
| Salvation Army - Sheboygan UNRESTRICTED | $13,000 |
| Samaritan'S Purse UNRESTRICTED | $160,000 |
| Sheboygan County Food Bank Inc $14,000 UNRESTRICTED; $20,000 FOOD FOR THOUGHT WEEKEND BACKPACK PROGRAM | $34,000 |
| Sheboygan Public Education Foundation Inc SCHOLARSHIPS | $43,250 |
| Smile Train Inc UNRESTRICTED | $7,000 |
| St Francis Of Assisi Parish UNRESTRICTED | $16,040 |
| St Mary'S Home For The Aged Inc $2,693 PATIO & PUB PROJECT AT THE GARDENS; $2,900 FOR THE DEMENTIA TRAINING PROGRAM; $3,774 CORNERSTONE FUND FOR THE POOR | $9,367 |
| St Paul Lutheran Church UNRESTRICTED | $16,200 |
| St Paul'S Lutheran Church And School SCHOOL ATHLETIC PROGRAM TO PURCHASE SOCCER GOALS, UNIFORMS, ETC | $7,500 |
| St Peter The Fisherman Parish UNRESTRICTED | $16,040 |
| St Thomas The Apostle Catholic Community $1,000 IN MEMORY OF KAY F. SCHROEDER; $5,000 RELIGIOUS EDUCATION; $5,000 YOUTH MISSION PROGRAM | $11,000 |
| Teen Challenge International Inc - Milwaukee Wi UNRESTRICTED | $20,000 |
| The Crossing Of Manitowoc County Inc $5,500 UNRESTRICTED; $16,000 DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER | $21,500 |
| The Haven Of Manitowoc County Inc $6,750 UNRESTRICTED; $16,000 DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER | $22,750 |
| The Medical College Of Wisconsin Inc LABAHN PANCREATIC CANCER PROGRAM IN MEMORY OF MARK MILLER | $50,000 |
| Trinity Lutheran Church $2,000 FOR THE SCHOOL; $6,500 FOR REGULAR CHURCH GIVING | $8,500 |
| United Way Manitowoc County Inc UNRESTRICTED | $10,000 |
| United Way Of Sheboygan County $35,000 UNRESTRICTED; $15,000 ON BEHALF OF JOAN RAVANELLI MILLER | $50,000 |
| University Of Wisconsin Foundation $500 WISCONSIN ALZHEIMER'S DISEASE RESEARCH CENTER FUND; $5,000 RESEARCH FOR MEN'S BREAST CANCER; $5,693 HIPPITY HOP FUND - XXX-XX-XXXX; $25,000 UW CARBONE CANCER CENTER - BREAST CANCER GREATEST NEEDS FUND (#XXX-XX-XXXX), WITH FURTHER DESIGNATION FOR MALE BREAST CANCER RESEARCH IN MEMORY OF ED MCKELVEY; $45,900 PULMONARY FIBROSIS RESEARCH AT THE UW DEPARTMENT OF MEDICINE | $82,093 |
| USA Water Ski & Wake Sports Inc $1,000 SOUTHERN REGION BAREFOOT CLUB - 2026 BAREFOOT WORLDS; $5,000 AMERICAN BAREFOOT CLUB - IN HONOR OF MIKE MOLEPSKE; $5,000 TO SUPPORT THE 2026 NATIONAL BAREFOOT WATER SKIING CHAMPIONSHIPS IN AUBURNDALE, FL, HOSTED BY ITS AMERICAN BAREFOOT CLUB DIVISION; $10,000 TO SUPPORT THE LOCAL ORGANIZING COMMITTEE OF THE 2025 WORLD MASTERS BAREFOOT WATERSKIING TOURNAMENT; $2,500 TO SUPPORT THE LOCAL ORGANIZING COMMITTEE OF THE 2025 USA NATIONAL BAREFOOT WATERSKIING TOURNAMENT | $23,500 |
| Weill Center Foundation Inc CAPITAL CAMPAIGN | $70,000 |
| Wisconsin Historical Foundation Inc $250 UNRESTRICTED; $5,000 CHIEF JUSTICE SHIRLEY ABRAHAMSON'S LIFE AND LEGACY DOCUMENTARY | $5,250 |
| Wisconsin Maritime Museum Inc $566.53 REQUEST #27 - NEW SUMP PUMPS; $595.59 REQUEST #25 - MAINTENANCE AND SAFETY SUPPLIES; $3,500 REQUEST #24 - USS COBIA BLUEPRINT DIGITIZATION PROJECT; $6,952.71 REQUEST #26 - GANGWAY MAINTENANCE; $50,000 ENDOWMENT | $61,615 |
| Woodland Dunes Nature Center Inc $500 ANNUAL SUMMER APPEAL; $14,500 UNRESTRICTED; $3,000 DONOR'S PARAMETERS OUTLINED IN THE ACCOMPANYING GRANT LETTER | $18,000 |
| YMCA Manitowoc Wisconsin Inc $3,500 UNRESTRICTED; $8,700 TO PROVIDE NUTRITIOUS OUT OF SCHOOL MEALS TO FOOD-INSECURE CHILDREN | $12,200 |
Trend - Revenue
Years are shown only where a filing is held. Missing years are absent, never filled in.
| Fiscal Year | Revenue | Change |
|---|---|---|
| Fiscal 2024 (Prior-Year Column on the Fiscal-2025 Filing) | $16,802,979 | - |
| Fiscal 2025 | $26,474,338 | +57.6% |
This table grows to a 10-year view (revenue, expenses, net assets and top pay) as earlier filings for this organization are added to the record. Missing years are absent, never filled in.
Filings on Record
| Tax Period | Form | Status | Source |
|---|---|---|---|
| Jan 1, 2025 - Dec 31, 2025 | Form 990 | In Force - Filed Jun 2, 2026 | Original Filing at the IRS |
If an amended return is filed, the newest amended return supersedes the earlier one and the table marks which filing is in force.