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2nd Market Capital Economic Opportunity Foundation Inc. is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 2019. The principal officer is Robin Sherman. It holds total assets of $756K. Annual income is reported at $43K. Total assets have decreased from $1.7M in 2019 to $854K in 2023. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. Grantmaking is concentrated in Wisconsin. According to available records, 2nd Market Capital Economic Opportunity Foundation Inc. has made 18 grants totaling $330K, with a median grant of $10K. Annual giving has decreased from $85K in 2021 to $65K in 2023. Grantmaking activity was highest in 2022 with $180K distributed across 12 grants. Individual grants have ranged from $10K to $50K, with an average award of $18K. The foundation has supported 7 unique organizations. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$10K
Median Grant
$25K
Average Grant
$28K
Largest Grant
$50K
Based on 3 grants from the most recent 990-PF filing.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
2nd Market Capital Economic Opportunity Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 18 grants. Its grantmaking reaches organizations primarily in WI.
2nd Market Capital Economic Opportunity Foundation Inc. has distributed a total of $330K across 18 grants. The median grant size is $10K, with an average of $18K. Individual grants have ranged from $10K to $50K.
2nd Market Capital Economic Opportunity Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
2nd Market Capital Economic Opportunity Foundation Inc. is headquartered in MADISON, WI.
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Officer and trustee information is not yet available for this foundation. This data is typically reported in Part VIII of the 990-PF filing.
Total Giving
$67K
Total Assets
$854K
Fair Market Value
$854K
Net Worth
$854K
Grants Paid
$65K
Contributions
N/A
Net Investment Income
$55K
Distribution Amount
$40K
Total: $854K
Total Grants
18
Total Giving
$330K
Average Grant
$18K
Median Grant
$10K
Unique Recipients
7
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Simpson Street Free PressGeneral Operating Support | Madison, WI | $30K | 2023 |
| Operation Fresh StartGeneral Operating Support | Madison, WI | $25K | 2023 |
| Mellowhood FoundationGeneral Operating Support | Madison, WI | $10K | 2023 |
| Literacy NetworkGeneral Operating Support | Madison, WI | $10K | 2022 |
| Madison Parks FoundationGeneral Operating Support | Madison, WI | $10K | 2022 |
| Rooted IncGeneral Operating Support | Madison, WI | $10K | 2022 |
| The Mellowhood FoundationGeneral Operating Support | Madison, WI | $10K | 2021 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI