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Causes: Community Foundations, Philanthropy
Mission: Lakeshore community foundation's mission is to gather, grow and give charitable financial resources in order to build stronger, more vibrant communities now and into the future.
Programs: Lakeshore community foundation, inc. Is a tax exempt public charity organized and operated primarily as a collection of permanent funds to benefit sheboygan and manitowoc counties. The foundation receives, administers, and distributes gifts from individuals and organizations for the long term benefit of the counties it serves. During 2017, the foundation added 3 new funds to its portfolio for a total of 50 funds with an aggregate market value of $30,900,000 at year end. The composition of funds by type at year end 2017 were as follows: agency funds - 19; designated funds - 12; donor advised funds - 13; field of interest funds - 5; unrestricted funds - 0; lakeshore fund - 1. Average fund size was $618,000. Annual growth in gifts to new and existing funds was $3,468,000. The foundation made 150 grants during 2017 totaling $2,926,000. The composition of those grant dollars include $1,451,000 in agency grants; and $1,475,000 in grants from the foundation's designated, donor advised, and field of interest funds. Since the first fund was established in may 2011, the foundation has distributed more than $9,300,000 in grants.