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Home » US Law » 2022 Wisconsin Statutes & Annotations » Foundations. » Chapter 247 - Wisconsin artistic endowment foundation.

247.02 – Definition.

247.02 Definition. In this chapter, “foundation” means the Wisconsin Artistic Endowment Foundation. History: 2001 a. 16.

247.03 – Creation and organization.

247.03 Creation and organization. (1) There is created a public body corporate and politic, to be known as the “Wisconsin Artistic Endowment Foundation.” The foundation shall be a nonprofit corporation organized under ch. 181 so that contributions to it are deductible from adjusted gross income under section 170 of the Internal Revenue Code. (2) The […]

247.05 – General powers and duties.

247.05 General powers and duties. (1) Except as otherwise provided in this chapter, the foundation has all of the powers necessary and convenient to carry out its duties under sub. (2) and s. 247.06, including the power to do all of the following: (a) Make, amend, and repeal bylaws for the conduct of its affairs. […]

247.06 – Support of arts programs.

247.06 Support of arts programs. (1) (a) The foundation may distribute moneys appropriated under s. 20.220 (1) (r) to the arts board for programs that provide operating support to arts organizations and for the Wisconsin regranting program under s. 41.62. (b) The foundation may distribute moneys appropriated under s. 20.220 (1) (r) to an arts […]

247.07 – Dissolution.

247.07 Dissolution. The foundation may not dissolve and wind up its affairs unless the legislature enacts a law ordering dissolution. History: 2001 a. 16.