Lakeshore Community Foundation Inc
Lakeshore Community Foundation Inc is a public charity and community foundation based in Manitowoc, Wisconsin. Established in 2009 and tax-exempt since May 2010, the foundation harnesses the spirit of giving in the Lakeshore Area of East Central Wisconsin through innovative philanthropy. The organization gathers, grows, and distributes charitable financial resources to benefit the communities it serves both now and for future generations.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$115.6M
+26.7% YoY
Annual Giving
$1.3M
+5.8% YoY
Grant Count
58
+9.4% YoY
Avg Grant Size
$23K
-3.3% YoY
Mission & Focus Areas
Mission Statement: To gather, grow, and give endowed charitable financial resources to build stronger, more vibrant communities now and into the future.
Value Statement: The foundation is committed to managing clients' philanthropic endowments in perpetuity, with a focus on minimizing costs and fees to maximize their impact on the grantees they care about most. The organization's priority remains solely on supporting clients' charitable goals, thereby strengthening communities throughout the Lakeshore Area and beyond.
The foundation promotes and manages endowment funds primarily for the benefit of Sheboygan and Manitowoc counties. It receives, administers, and distributes gifts from individuals and organizations for the long-term benefit of the counties it serves.
Grantmaking
The foundation operates a donor-advised fund through which donors can direct the distribution or investment of funds.
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Geographic Focus
Where this funder awards grants
The foundation primarily serves Sheboygan and Manitowoc counties in Wisconsin, with some grantmaking activity extending to Ohio and North Carolina.
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
As of 2023:
- Total Assets: $91,205,472
- Total Revenue: $13,617,516
- Total Expenses: $1,791,149
- Total Liabilities: $31,700,000
- Number of Employees: 3
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $115,562,778 | $91,205,472 | $68,694,276 |
| Revenue | $16,802,979 | $13,617,516 | $7,908,496 |
| Expenses | $1,980,681 | $1,791,149 | $2,163,783 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $3,661,003 | $2,000,565 | $1,932,056 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
249 grants across all recorded years
Open Grants
5 open opportunities from Lakeshore Community Foundation Inc
Adam Steel Family Scholarship Fund
LAKESHORE COMMUNITY FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Eternal Flame and Veterans Memorial Fund
LAKESHORE COMMUNITY FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
John E. Raether and Harold E. Gresholdt Scholarship Fund
LAKESHORE COMMUNITY FOUNDATION INC
Amount
Varies
Deadline
Rolling / Open
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
Board of Directors:
- Alex Allie
- Thomas Aschenbrenner
- Richard Balge
- Thomas Bare
- Pamela Langan
- Randall Olm
- Grant Pauly
- Jane Pfeffer
- James Vopat
Staff:
- Rachel E. Wiegert, Chief Executive Officer
- Jon Swanson, Director of Finance
- Lisa Ebelt, Operations Administrator
- Tara Gorte, Administrative Assistant
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| THOMAS ASCHENBRENNER | CHAIRMAN | 5 | — |
| JAMES VOPAT | VICE PRESIDENT | 4 | — |
| THOMAS BARE | TREASURER | 2 | — |
| JANE PFEFFER | SECRETARY | 1.5 | — |
| RICHARD BALGE | DIRECTOR | 1.5 | — |
| RANDALL OLM | DIRECTOR | 1.5 | — |
| GRANT PAULY | DIRECTOR | 1.5 | — |
| ALEX ALLIE | DIRECTOR | 2 | — |
| PAMELA LANGAN | DIRECTOR | 1.5 | — |
| RACHEL WIEGERT | CHIEF EXECUTIVE OFFICER | 50 | $145,000 |
Contact Information
Address: 915 Memorial Drive Manitowoc, Wisconsin 54220
Phone:
- Manitowoc: 920-682-5222
- Sheboygan: 920-458-1920
Website: lakeshorecommunityfoundation.org
Chief Executive Officer: Rachel E. Wiegert (rwiegert@LakeshoreCommunityFoundation.org)
Subject Areas
Focus areas based on grantmaking activity
Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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