Promethean Fund FY2018 filing

IRS exemption revoked

Milwaukee, WIPrivate foundation / grantmaker EIN 47-2187145Revenue $27K in FY2018

On file with the IRSPo Box 510287 · Milwaukee, WI

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FY2018 · Form 990-PFIndependent: from IRS data, not the org
Download 990
IRS status
Revoked
IRS exemption revoked
Concern: the IRS revoked its tax exemption.
IRS Auto-Revocation List
Latest return
FY2021
latest Form 990-PF
Concern: the latest return is for FY2021, 5 tax years back; more than 4 tax years.
IRS e-file · Filing history
Surplus or deficit
4 of 4
filings with a surplus
Average surplus $16K a year · 42% of revenue · last 4 filings
Looks good: a surplus in 4 of the last 4 filings.
990-PF Pt I · 4 filings
10 mo
of spending, in cash
Looks good: 10.5 months of spending in cash; 3 or more.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$0
0% of total assets
Looks good: liabilities are 0% of assets; 50% or less.
990-PF Pt II
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$27K
Spent
$13K
Net assets
$250K
By yearFY2018–FY2021
Revenue
$27K
FY2018
Tap a bar for its year
Revenue by fiscal year
FY2018$27K
FY2019$37K
FY2020$38K
FY2021$49K
Expenses
$13K
FY2018
Tap a bar for its year
Expenses by fiscal year
FY2018$13K
FY2019$23K
FY2020$25K
FY2021$25K
Net assets
$250K
FY2018
Tap a bar for its year
Net assets by fiscal year
FY2018$250K
FY2019$264K
FY2020$277K
FY2021$300K

From the FY2018 Form 990 · see the original

990 PDF Claim
IRS revoked this organization's tax-exempt status on May 15, 2025
You’re viewing the FY2018 filing — not the latest on file. See the latest (FY2021) →

Is it real?

No. The IRS revoked its tax exemption. Latest filing on record: FY2021.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

What each dollar paid for.

Grants & contributions paid 75% · $10K Operating & administrative 25% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

The filing lists no officers, directors or key staff.

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Programs and updates

A private foundation based in Milwaukee, WI.

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Provided by the organization

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Grants and how to apply

Who it funds, and how to ask.

Who They Fund

Part XV · grants paid · 1 grant · $25K · 2021–2021
Cathedral of St John the EvangelistFY2021$25,000

Grantmaking Profile

Patterns in foundation giving
Average grantPart XV$25K
Median grantPart XV$25K
Largest grantPart XV$25K

By the numbers

The FY2018 990-PF, line by line.

1The main four
Money in
$27K
Investment income$17K
Gifts and grants$10K
Money out
$13K
Grants paid$10K
Running costs$3K
Owns and owes
$250K
net assets
Cash and savings$12K
Total assets$250K
Liabilities$0
2In more detail
Revenue in detail
Gifts and grants$10K
Investment income$17K
Total revenue$27K
Assets in detailEnd of year
Cash and savings together$12K
Total assets$250K
Liabilities$0
Net assets$250K
Operations
Fiscal year endsDecember

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2021 Latest $49K$25K$23K$300K 990 PDF
FY2020 $38K$25K$13K$277K 990 PDF
FY2019 $37K$23K$14K$264K 990 PDF
FY2018 Viewing $27K$13K$14K$250K 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons

Form 990 e-file (XML) FY2018 from the IRS · Classification, formation year and address from the IRS Business Master File

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