NOW:53217:USA01012
http://widgets.journalinteractive.com/cache/JIResponseCacher.ashx?duration=5&url=http%3A%2F%2Fdata.wp.myweather.net%2FeWxII%2F%3Fdata%3D*USA01012
66°
H 77° L 45°
Cloudy | 7MPH

Residents request review of foundation agreement

April 18, 2007

A campaign is afoot to examine the financial disposition of the Chipstone Foundation, a civic giant located in one of the wealthiest neighborhoods in Wisconsin.

Fox Point residents who live near the foundation's headquarters, 7820 N. Club Circle, called on the village to analyze its long-standing agreement with the $66 million nonprofit organization during a Village Board meeting April 10.

The foundation, which operates a private museum at its headquarters, and village entered into an agreement in 1988. That agreement created a cultural overlay district for the Chipstone Foundation property and removed it from the tax rolls.

"The Village Board has an absolute obligation … to all of the tax-paying citizens of Fox Point. You are elected to serve all of your constituents and protect their property rights," said Rick Friedman, of 7800 N. Club Circle. "I think that the Village Board and Chipstone board should agree the 1988 agreement be periodically reviewed."

The foundation has made payments to the village in lieu of taxes since the agreement was established. This year, the foundation paid the village $20,868, according to village officials.

In 2000, the village and foundation entered into a similar agreement after it purchased an adjacent house.

The Chipstone Foundation supports scholarship in American decorative arts and culture through collections, education, research, publications and exhibitions, according to documentation from the foundation.

The foundation is the brainchild of Stanley Stone, the founder of Boston Store, and his wife, Polly. The couple began collecting American furniture, preindustrial British pottery and early American historical prints in the 1940s.

"I continue to believe that it is a great arrangement for the village and Chipstone," said Cissy Bryson, of 7272 North Bridge Lane, a close friend of the Stones, who has been a resident of Fox Point since 1927. "It permits the village to retain and provide a home for a singular treasure unequal anywhere else in the country. … It's been a wonderful asset to the village."

Foundation President David Knox opted not to comment during the board meeting.

Last month, the foundation withdrew a request for a permit to renovate its carriage house.

Brendan O'Brien can be reached at (262) 446-6602. His e-mail address is bobrien@cninow.com.

This site uses Facebook comments to make it easier for you to contribute. If you see a comment you would like to flag for spam or abuse, click the "x" in the upper right of it. By posting, you agree to our Terms of Use.

Suburban News Roundup

E-mail Newsletter

Your link to the biggest stories in the suburbs delivered Thursday mornings.


Enter your e-mail address above and click "Sign Up Now!" to begin receiving your e-mail newsletter
Get the Newsletter!

Login or Register to manage all your newsletter preferences.

Community Watch

» New car dealership proposed in Glendale 4/15

» Bay girls win 10 events to repeat as North Shore indoor track champs 4/10

» Fox Point to replace footbridge after years of debate 4/9

» Modern restaurant will anchor Mequon Town Center 4/9

» Mequon, Weickardt reach deal on River Club subdivision 4/9

» Bay and Homestead tie for North Shore boys track title 4/8

» Shorewood Metro Market work could start by September 4/8

» Nines in Mequon switches from small plates to steaks under a new format 4/7

» Ronn Johnson's death ruled suicide 4/7

» Milwaukee County Supervisor David Bowen to run for Pasch Assembly seat 4/7

» Whitefish Bay pays $138,000 in exchange for village manager resignation 4/4

» Rep. Sandy Pasch won't seek re-election 4/4

» Ex-Shorewood school secretary sentenced for stealing $310,000 4/3

» Dickman wins write-in bid for Fox Point-Bayside School Board 4/3

» Spring 2014 North Shore election roundup 4/2

» Engineering for Kids brings basics of science to North Shore youth 4/2

» OWI suspect tells Cedarburg police: 'Nobody can do these tests' 4/2

» Symchych and McGauran hold off write-in bid to win Fox Point Village Board seats 4/2

» Pukaite upsets Ashmore with successful write-in bid for Mequon District 2 seat 4/1

» Serebin defends, Demet claims seat on Whitefish Bay Village Board 4/1

» Siegel narrowly defends Whitefish Bay presidency from challenger O'Connor 4/1

» Gierl claims Mequon District 5 spot 4/1

» Incumbents Williams and Griffin hold seats on Brown Deer School Board 4/1

» Boschert defends, Awe claims seat on Brown Deer Village Board 4/1

» Buzzell and Francour claim seats on Mequon-Thiensville School Board 4/1

View All Posts Got a tip? Welcome rss
Deal Watch - Milwaukee

Milwaukee's Best Discounts & Deals

Local Business Directory

CONNECT    

Most Popular