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Filing year 2024

TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION

Brownsville, Wisconsin·EIN 39-2044009·NTEE T22 · Philanthropy, Voluntarism & Grantmaking Foundations·501(c)(3)
Total revenue
$10.3M
Total assets
$1.5M
Total expenses
$5.8M
Reported officers
2

Reported officers (all unpaid)

No paid executives reported in 2024. TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION reported 2 unpaid officers and board members on its 990-PF.

Trustee
Trustee

Grants paid

Itemized grants reported on this foundation's 2024 Form 990-PF, Part XV.

Total granted

$5.7M

Itemized grants

9

Median grant

$150k

RecipientLocationPurposeAmount
DARTMOUTH COLLEGEHANOVER, NHGENERAL OPERATING SUPPORT$3M
WEILL CORNELL MEDICAL CENTERNEW YORK, NYGENERAL OPERATING SUPPORT$1.3M
UNIVERSITY LAKE SCHOOLHARTLAND, WIGENERAL OPERATING SUPPORT$630k
MEDICAL COLLEGE OF WISCONSINMILWAUKEE, WIGENERAL OPERATING SUPPORT$500k
SPRING CREEK CHURCHPEWAUKEE, WIGENERAL OPERATING SUPPORT$150k
LIFE CHURCHGERMANTOWN, WIGENERAL OPERATING SUPPORT$75k
C2K MINISTRIESHARTLAND, WIGENERAL OPERATING SUPPORT$25k
XAVIER HIGH SCHOOLNEW YORK, NYGENERAL OPERATING SUPPORT$25k
BABSON COLLEGEBABSON PARK, MAGENERAL OPERATING SUPPORT$20k
Compare this foundation's grantees
Financial trend

Revenue and expenses over time

TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION reported revenue and expenses across 2 filing years.

RevenueExpenses
$4M
$2.5M
2023
$10.3M
$5.8M
2024
Total revenue and total expenses from IRS Form 990 filings.

This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.

Sector benchmark

What Philanthropy, Voluntarism & Grantmaking executives earn in Wisconsin

TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION reported no executive compensation in its latest filing. For context, the highest-paid executive at a comparable philanthropy, voluntarism & grantmaking organization in Wisconsin earns a median of $12,944.

25th percentile
$5k
Median
$12,944
75th percentile
$42k
90th percentile
$101k

These are philanthropy, voluntarism & grantmaking sector-wide figures, not this organization's reported pay. Based on 1,420 organizations across 1,420 filings (2020 – 2024).

See full Philanthropy, Voluntarism & Grantmaking pay data for Wisconsin
FAQ

Common questions about TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION

What are TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION's revenue and expenses?

In 2024, TIMOTHY AND BARBARA MICHELS FAMILY FOUNDATION reported $10.3M in total revenue and $5.8M in total expenses on its IRS Form 990.

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This is a private foundation. Peers are foundations of similar asset size ($1M - $10M), because foundation pay scales with assets under management, not revenue.