GREATER MILWAUKEE FOUNDATION INC

MILWAUKEE, WI, 53212-0000 (414) 275-5805 Est. 1989 EIN 39-6036407
T310— Philanthropy & Grantmaking Form 990 501(c)(3)
WWW.GREATERMILWAUKEEFOUNDATION.ORG

Mission

INSPIRING PHILANTHROPY, SERVING DONORS, STRENGTHENING COMMUNITIES, NOW AND FOR FUTURE GENERATIONS.

Giving Portfolio

Total Grants
3,079
Total Giving
$246.0M
Recipients
3,010
Years Active
2020 - 2024
Avg grant: $80,301 Median: $25,000

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
2024838$66.8M $80K167648
2023781$48.2M $62K186578
2022720$74.0M $103K236470
2020740$57.0M $77K7250

Sectors Funded

Human Services
352
Arts, Culture & Humanities
344
Education
331
Health Care
144
Environment
135
Philanthropy & Grantmaking
135
Community Improvement
102
Housing & Shelter
102
and 17 more sectors

Top States

Wisconsin
2462
Florida
60
New York
59
Illinois
51
California
47
District of Columbia
43
Virginia
42
Massachusetts
29
and 30 more states

Grantee Size Profile

$1M - $5M
698
$10M - $50M
400
$100K - $500K
395
Over $50M
321
$500K - $1M
276
$5M - $10M
203
Under $100K
123

Top Grantees

CITY OF SOUTH MILWAUKEE
WI - 2 grants
$12.0M
DR JAMES CAMERON LEGACY FOUNDATION INC
WI - 4 grants
$5.7M
UWM FOUNDATION INC
WI - 3 grants
$5.6M
COMMUNITY DEVELOPMENT ALLIANCE INC
WI
$4.6M
HISTORIC HAYMARKET MILWAUKEE I INC
WI - 3 grants
$4.1M
MARQUETTE UNIVERSITY
WI - 4 grants
$3.7M
THE MEDICAL COLLEGE OF WISCONSIN INC
WI - 4 grants
$3.6M
WAUKESHA COUNTY COMMUNITY FOUNDATION INC
WI - 4 grants
$3.0M
MILWAUKEE RESCUE MISSION
WI - 4 grants
$2.8M
MILWAUKEE ART MUSEUM INC
WI - 4 grants
$2.8M
and 15 more grantees

Grants Awarded · 2764 grants

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Financials

Total Revenue
$85,176,235
Total Expenses
$85,506,672
Net Assets
$1,045,588,400
66 employees 47 volunteers
From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 9.2%
Expenses ↑ 30.7%
Revenue Sources
Contributions 48.8% Investment 50.4% Other 1.0%
Expense Breakdown
Program 86.1% Management 10.1% Fundraising 3.8%

Officers & Trustees (32)

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Filing History (4 filings)

YearRevenueExpensesNet Assets
2024 Form 990$85,176,235 ↑$85,506,672$1,045,588,400
2023 Form 990$78,030,106 ↓$65,430,598$995,523,693
2022 Form 990$87,591,185 ↓$89,876,571$881,269,845
2020 Form 990$102,077,452 $70,678,205$979,781,385

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EIN: 39-6036407 · Source: IRS Form 990 e-file data