MORGRIDGE INSTITUTE FOUNDATION INC

MADISON, WI, 53715-1119 (608) 316-4100 Est. 2017 EIN 82-2760376
H11— Medical Research Form 990 501(c)(3)

Mission

THE MORGRIDGE INSTITUTE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MORGRIDGE INSTITUTE FOR RESEARCH, INC., A TAX-EXEMPT 501(C)3 MEDICAL RESEARCH ORGANIZATION AFFILIATED WITH THE UNIVERSITY OF WISCONSIN - MADISON.THE FOUNDATION ADMINISTERS GIFTS, GRANTS, BEQUESTS, AND DEVISES TO PROMOTE, ENCOURAGE, AND AID THE MISSION AND VISION OF THE INSTITUTE, WHICH IS TO SOLVE MAJOR CHALLENGES TO HUMAN HEALTH BY CONDUCTING, ENABLING, AND TRANSLATING INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN - MADISON AND OTHERS, BY LEVERAGING OUR COLLECTIVE STRENGTH IN RESEARCH.

Giving Portfolio

Total Grants
10
Total Giving
$102.8M
Recipients
10
Years Active
2017 - 2024
Avg grant: $12,322,741 Median: $12,971,706

Yearly Trends

YearGrantsTotal Giving Avg GrantNewRepeat
20241$22.4M $22.4M01
20231$19.8M $19.8M01
20221$14.6M $14.6M01
20201$13.0M $13.0M01
20192$12.6M $6.3M02
20182$12.1M $6.1M02
20172$8.3M $4.1M20

Sectors Funded

Health Care
7
Education
3

Top States

Wisconsin
10

Grantee Size Profile

Over $50M
10

Top Grantees

Grants Awarded · 10 grants

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Financials

Total Revenue
$84,878,840
Total Expenses
$24,669,808
Net Assets
$574,691,428
From latest filing (tax period ending 2025-06-30)

Financial Health

Operating Reserve
10+ years Healthy
Net assets / monthly expenses
Year-over-Year Change
Revenue ↑ 92.0%
Expenses ↑ 13.0%
Revenue Sources
Contributions 60.0% Investment 40.0%
Expense Breakdown
Program 90.8% Management 9.2%

Officers & Trustees (18)

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Filing History (7 filings)

YearRevenueExpensesNet Assets
2024 Form 990$84,878,840 $24,669,808$574,691,428
2023 Form 990$44,197,120 $21,840,912$495,192,273
2022 Form 990$254,947 $16,523,025$450,431,742
2020 Form 990$74,942,129 $15,451,836$470,983,974
2019 Form 990$22,735,688 $17,237,338$360,435,442
2018 Form 990$9,525,396 $14,494,298$357,972,714
2017 Form 990$371,014,465 $10,820,396$347,326,532

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EIN: 82-2760376 · Source: IRS Form 990 e-file data