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Ames Family Legacy Foundation is a private trust based in MILWAUKEE, WI. The foundation received its IRS ruling in 2024. It holds total assets of $45M. Annual income is reported at $28.9M. Total assets have grown from $19.1M in 2023 to $45M in 2024. The foundation is governed by 2 officers and trustees. Tax records are available from 2023 to 2024. Contributions to this foundation are tax-deductible.
The Ames Family Legacy Foundation is a family-managed private foundation led by trustees Raymond G. Ames and Sonja C. Savage, each contributing approximately one hour per week without compensation. The foundation operates with zero employees and minimal administrative overhead ($15 in total expenses beyond grants), reflecting a lean philanthropic model where virtually all resources flow directly to grantees. With $45 million in assets and $25.1 million in contributions received, the foundation is in a growth phase, building its endowment substantially while beginning a modest grantmaking program. The foundation follows an invitation-only model, making contributions exclusively to preselected charitable organizations without accepting unsolicited proposals. Its grantmaking focuses on national organizations with proven track records in youth mentoring, disability services, and first responder support, distributing general operating support rather than program-specific restricted grants, giving grantees maximum flexibility in deploying funds.
In its most recent reporting year, the Ames Family Legacy Foundation distributed $100,000 across seven grants, with individual awards ranging from $5,000 to $30,000 and a median grant of $10,000. Despite holding $45 million in assets, the foundation's current giving represents a very small fraction of its endowment (approximately 0.2%), well below the typical 5% minimum payout required of private foundations, suggesting the foundation is either newly established and ramping up or building its corpus for larger future distributions. All grants were designated as general operating support, indicating a trust-based philanthropy approach. The largest grant ($30,000) went to Genesys Works for workforce development, followed by $25,000 to First Responders Children's Foundation. Geographic distribution of grantees spans nationally across Minnesota, New York, Arizona, Florida, and other states despite the foundation's Milwaukee headquarters. The pattern suggests the foundation prioritizes national organizations with broad impact over local Milwaukee-area causes.
The Ames Family Legacy Foundation operates at a modest giving level relative to its asset base. Here is how it compares to other family foundations with similar focus areas:
| Foundation | Assets | Annual Giving | Focus Areas | Grant Range | Accepts Unsolicited |
|---|---|---|---|---|---|
| Ames Family Legacy Foundation | $45M | $100K | Youth Mentoring, Disability, First Responders | $5K-$30K | No |
| Herb Kohl Philanthropies (Milwaukee) | ~$180M | ~$15M | Education, Youth, Community | $1K-$500K | Limited |
| Bader Philanthropies (Milwaukee) | ~$700M | ~$30M | Youth, Education, Community Dev | $5K-$1M | Yes |
| Richard & Georgiann Ames Family Foundation | ~$10M | ~$500K | Community, Education | $1K-$50K | Unknown |
| Lynde & Harry Bradley Foundation (Milwaukee) | ~$850M | ~$50M | Education, Public Policy | $10K-$5M | By invitation |
Compared to Milwaukee-area peers, Ames Family Legacy Foundation is notable for its extremely low overhead and early-stage giving relative to its substantial asset base of $45M. The foundation's national giving pattern contrasts with most Milwaukee foundations that focus primarily on local and Wisconsin causes. As the foundation matures and potentially increases its payout rate to meet the standard 5% minimum, annual distributions could grow to $2.25M or more, which would significantly expand its philanthropic footprint.
The Ames Family Legacy Foundation appears to be in an early or growth phase of its philanthropic journey. With $25.1 million in recent contributions received against $45 million in total assets, the foundation has seen substantial capital inflows that position it for expanded future grantmaking. The 2024 grant portfolio of seven awards totaling $100,000 represents the foundation's current operational grantmaking level. Notable grants include $30,000 to Genesys Works, which provides workforce development pathways for underserved high school students through corporate internships, and $25,000 to First Responders Children's Foundation supporting families of injured or fallen first responders. The foundation's website at amesfamilylegacyfoundation.org is currently parked/inactive, consisting only of advertising scripts, which is consistent with a foundation that operates through invitation-only grantmaking without a public-facing presence. The two trustees, Raymond G. Ames and Sonja C. Savage, each dedicate approximately one hour per week to foundation activities, suggesting decisions are made efficiently with minimal bureaucratic process.
The Ames Family Legacy Foundation explicitly states that it only makes contributions to preselected charitable organizations and does not accept unsolicited requests for funds. This means traditional grant application strategies will not work. Organizations seeking consideration should: (1) Focus on building awareness of your work within networks adjacent to the foundation's existing grantees, particularly organizations working in youth mentoring (Big Brothers Big Sisters, Genesys Works), disability services (Best Buddies International, Camelot Therapeutic Horsemanship), or first responder support; (2) Demonstrate strong organizational fundamentals with evidence-based programming, as the foundation's grantee portfolio consists entirely of established national organizations with proven track records; (3) Note that all current grants are for general operating support, so organizations should emphasize organizational capacity and mission alignment rather than specific program proposals; (4) Given the foundation's lean structure with just two part-time trustees, direct networking and personal connections are likely the primary pathway to consideration; (5) Organizations in the $5,000-$30,000 grant range seeking general operating support for youth-focused or human services programming are the best fit based on current giving patterns; (6) As the foundation grows its giving from its substantial $45M asset base, there may be expanded opportunities for new grantee relationships in the coming years.
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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.
In its most recent reporting year, the Ames Family Legacy Foundation distributed $100,000 across seven grants, with individual awards ranging from $5,000 to $30,000 and a median grant of $10,000. Despite holding $45 million in assets, the foundation's current giving represents a very small fraction of its endowment (approximately 0.2%), well below the typical 5% minimum payout required of private foundations, suggesting the foundation is either newly established and ramping up or building its co.
The Ames Family Legacy Foundation is a family-managed private foundation led by trustees Raymond G. Ames and Sonja C. Savage, each contributing approximately one hour per week without compensation. The foundation operates with zero employees and minimal administrative overhead ($15 in total expenses beyond grants), reflecting a lean philanthropic model where virtually all resources flow directly to grantees. With $45 million in assets and $25.1 million in contributions received, the foundation i.
Ames Family Legacy Foundation is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Raymond G Ames | TRUSTEE | $0 | $0 | N/A |
| Sonja C Savage | TRUSTEE | $0 | $0 | N/A |
| Year | Return Type | |
|---|---|---|
| 2024 | 990PF | — |
| 2023 | 990PF | View |
Total Giving
N/A
Total Assets
$45M
Fair Market Value
N/A
Net Worth
$45M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
No individual grant records are available. Visit the foundation's 990-PF filings below for detailed grantee information.
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI