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Draeger Family Foundation is a private trust based in MADISON, WI. The foundation received its IRS ruling in 2017. The principal officer is Johnson Bank Ttee. It holds total assets of $1.1M. Annual income is reported at $498K. The foundation is governed by 1 officer or trustee. The foundation operates in the area of religion. 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, Draeger Family Foundation has made 36 grants totaling $213K, with a median grant of $6K. Annual giving has grown from $42K in 2021 to $57K in 2023. Grantmaking activity was highest in 2022 with $114K distributed across 20 grants. Individual grants have ranged from $5K to $11K, with an average award of $6K. The foundation has supported 13 unique organizations. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$5K
Average Grant
$5K
Largest Grant
$10K
Based on 7 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.
Draeger Family Foundation primarily funds organizations in the area of religion. Based on available records, the foundation has funded 36 grants. Its grantmaking reaches organizations primarily in WI.
Draeger Family Foundation has distributed a total of $213K across 36 grants. The median grant size is $6K, with an average of $6K. Individual grants have ranged from $5K to $11K.
Draeger Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Draeger Family Foundation is headquartered in MADISON, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Johnson Bank Co Joel Bailey | TRUSTEE | $11K | $0 | $11K |
Total Giving
$68K
Total Assets
$1.1M
Fair Market Value
$1.2M
Net Worth
$1.1M
Grants Paid
$57K
Contributions
N/A
Net Investment Income
$53K
Distribution Amount
$58K
Total: N/A
Total Grants
36
Total Giving
$213K
Average Grant
$6K
Median Grant
$6K
Unique Recipients
13
Most Common Grant
$6K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyPROGRAM SUPPORT | Janesville, WI | $6K | 2023 |
| House Of MercyPROGRAM SUPPORT | Janesville, WI | $5K | 2022 |
| Cedar Crest FoundationPROGRAM SUPPORT | Janesville, WI | $11K | 2023 |
| Uw FoundationPROGRAM SUPPORT | Madison, WI | $6K | 2023 |
| Uw Foundation For Medical ResearchPROGRAM SUPPORT | Madison, WI | $6K | 2023 |
| Cedar Crest Inc Healthcare CenterPROGRAM SUPPORT | Janesville, WI | $6K | 2023 |
| Cargill United Methodist FoundationPROGRAM SUPPORT | Janesville, WI | $6K | 2023 |
| Blackhawk Technical CollegePROGRAM SUPPORT | Janesville, WI | $6K | 2023 |
| Pregnancy HelplinePROGRAM SUPPORT | Janesville, WI | $5K | 2023 |
| Boys And Girls ClubPROGRAM SUPPORT | Janesville, WI | $5K | 2023 |
| Uw Foundation School Of EngineeringPROGRAM SUPPORT | Madison, WI | $6K | 2022 |
| Blackhawk Technical College FdnSCHOLARSHIPS | Janesville, WI | $6K | 2022 |
| Cedar Crest Inc Health Care CtrPROGRAM SUPPORT | Janesville, WI | $6K | 2022 |