Overview
What is Wisconsin Philanthropy Network Inc?
Wisconsin Philanthropy Network Inc, based in Milwaukee, Wisconsin, serves as a bridge between local nonprofits and grantmakers dedicated to addressing community needs. Their primary objective is to empower funders with necessary resources and access to information, thereby maximizing the impact of philanthropic support. This is achieved through professional development sessions, customized research, and extensive networking opportunities. By focusing on effective philanthropy and fostering community partnerships, Wisconsin Philanthropy Network Inc encourages innovation in the sector through collaborations with social entrepreneurs, impact investors, and consultants, supporting their leadership initiatives.
Official website here: www.wiphilanthropy.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 92%, Four-Star out of Four Stars
The Wisconsin Philanthropy Network Inc has achieved a 92% rating from Charity Navigator, indicating a strong performance in Accountability & Finance. This high score reflects the organization's commitment to transparency and effective governance, with a fully independent board and robust policies in place regarding conflict of interest, whistleblowing, and document retention.
The organization excels in several key areas, including having 100% independent board members and a solid financial oversight committee. Its financial health is also commendable, with a low liabilities to assets ratio of 24.46%, showcasing its stability and ability to meet financial obligations. Furthermore, it maintains an adequate level of program expenses, although it still has room for improvement to maximize the impact of its programs.
However, the overall score is solely based on a single beacon score, which may not provide a comprehensive view of the organization’s full impact. The program expense ratio, while decent at 63.83%, suggests that there may be opportunities for the organization to enhance its programmatic spending. Overall, the Wisconsin Philanthropy Network Inc demonstrates effective financial management and governance practices, contributing to its strong rating.
This AI summary has been generated from information found on Charity Navigator.
Is Wisconsin Philanthropy Network Inc legitimate?
Wisconsin Philanthropy Network Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wisconsin Philanthropy Network Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $155,692
Professional Fundraising Fees: $0
Other Salaries and Wages: $158,809
For more financial information, click here
Official website here: www.wiphilanthropy.org
What is the mission statement of Wisconsin Philanthropy Network Inc?
The Wisconsin Philanthropy Network Inc's mission is centered around promoting effective philanthropy. They accomplish this through various means, including education, the promotion of best practices, fostering enhanced partnerships, and encouraging leadership. By serving as a bridge between nonprofit organizations and grantmakers, they aim to provide resources and access to information, enabling funders to maximize the impact of philanthropic support. This is achieved through their core services such as professional development, customized research, and extensive networking opportunities. The network also engages social entrepreneurs, impact investors, and consultants to spur innovation in the sector, as part of their leadership initiatives.
Official website here: www.wiphilanthropy.org
Who is the CEO of Wisconsin Philanthropy Network Inc?
Tony Shields is the President of Wisconsin Philanthropy Network Inc.
Official website here: www.wiphilanthropy.org
What is the revenue of Wisconsin Philanthropy Network Inc?
Wisconsin Philanthropy Network Inc's revenue in 2022 was $658,739.
Official website here: www.wiphilanthropy.org
Who are the executives of Wisconsin Philanthropy Network Inc and what are their salaries?
The average compensation at Wisconsin Philanthropy Network Inc during 2022 was $62,900. There are 5 employees and 13 volunteers at Wisconsin Philanthropy Network Inc.
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- Compensation: $135,474
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- Other: $16,840
Official website here: www.wiphilanthropy.org
Where can I find the form 990 for Wisconsin Philanthropy Network Inc?
Wisconsin Philanthropy Network Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wiphilanthropy.org
Learn more at the official website: www.wiphilanthropy.org
Mission Statement of Wisconsin Philanthropy Network Inc
Wisconsin Philanthropy Network, Inc. is dedicated to promoting effective philanthropy within the state by focusing on education, best practices, enhanced partnerships, and leadership. The organization serves as a bridge between nonprofit organizations serving the community and grantmakers committed to meeting those needs. Its primary goal is to ensure that funders have the necessary resources and access to information to maximize the impact of philanthropic support. This is achieved through its core services, which include exemplary professional development, customized research, and extensive networking opportunities. These services are designed to foster effective philanthropy and strategically develop community partnerships.
Furthermore, Wisconsin Philanthropy Network engages social entrepreneurs, impact investors, and consultants to encourage innovation in the sector. One of their leadership initiatives is the Wisconsin Leadership Development Project, which aims to forge community collaborations and promote growth in the philanthropic sector. By focusing on education, best practices, and partnerships, Wisconsin Philanthropy Network, Inc. is committed to strengthening the philanthropic landscape and ensuring that grants are used effectively to address community needs.
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Impact
July, 2024
Wisconsin Philanthropy Network Inc plays a pivotal role in promoting effective philanthropy in Wisconsin. By offering exemplary professional development, customized research, and extensive networking opportunities, this organization ensures that funders have the resources and information necessary to maximize the impact of their philanthropic support. Through its leadership initiatives, such as the Wisconsin Leadership Development Project, WPN fosters community collaborations and engages social entrepreneurs, impact investors, and consultants to drive innovation in the sector. Overall, Wisconsin Philanthropy Network Inc serves as a vital conduit between organizations serving the community and grantmakers committed to meeting those needs, strategically developing partnerships to create a lasting impact.
This information is meant to be a general summary of Wisconsin Philanthropy Network Inc. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $578
- Program Service Revenue: $410,495
- Gross Receipts: $658,739
Assets and Liabilities:
- Total Assets: $729,921
- Total Liabilities: $181,658
- Net Assets: $548,263
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MEMBERSHIP DUES & ASSE
Revenue
$240,742
CONFERENCES AND WORKSH
Revenue
$126,970
FISCAL AGENT FEE
Revenue
$42,783
Organization Details
Founding Year
1978
Phone
(262) 317-6000Principal Officer
Tony Shields
Main Address
790 N MILWAUKEE STREET 324, MILWAUKEE, WI, 53202
Website
www.wiphilanthropy.orgNTEE Category
Code: T00 - Philanthropy
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