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First Business Charitable Foundation Inc. is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 2005. The principal officer is Ed Sloane. It holds total assets of $1.9M. Annual income is reported at $201K. Total assets have grown from $4K in 2011 to $2M in 2023. The foundation is governed by 7 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. Tax records are available from 2016 to 2023. Grantmaking is concentrated in Wisconsin. According to available records, First Business Charitable Foundation Inc. has made 156 grants totaling $780K, with a median grant of $2K. Annual giving has grown from $165K in 2021 to $212K in 2023. Grantmaking activity was highest in 2022 with $404K distributed across 84 grants. Individual grants have ranged from $100 to $73K, with an average award of $5K. The foundation has supported 66 unique organizations. The foundation primarily supports organizations in Wisconsin, Arizona, Illinois, which account for 96% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$200
Median Grant
$2K
Average Grant
$4K
Largest Grant
$50K
Based on 42 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.
First Business Charitable Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 156 grants. Its grantmaking reaches organizations primarily in WI, AZ, IL.
First Business Charitable Foundation Inc. has distributed a total of $780K across 156 grants. The median grant size is $2K, with an average of $5K. Individual grants have ranged from $100 to $73K.
Local organizations engaged in non-profit activities designed improve the economic and social well being of the community by First Business Financial Services, Inc.
First Business Charitable Foundation Inc. is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 6 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| First Business Bank | Trustee | $2K | $0 | $2K |
| David Seiler | Director | $0 | $0 | N/A |
| Mark Meloy | Director | $0 | $0 | N/A |
| Corey Chambas | Director | $0 | $0 | N/A |
| Pauline Hittesdorf | Secretary | $0 | $0 | N/A |
| Brian Spielmann | Vice President, Treasurer & Director | $0 | $0 | N/A |
| Brendan Freeman | President & Director | $0 | $0 | N/A |
Total Giving
$215K
Total Assets
$2M
Fair Market Value
$2.2M
Net Worth
$2M
Grants Paid
$212K
Contributions
$978K
Net Investment Income
$64K
Distribution Amount
$87K
Total Grants
156
Total Giving
$780K
Average Grant
$5K
Median Grant
$2K
Unique Recipients
66
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Vogel Foundation IncSCHOOL SUPPLIES FOR KIDS | Madison, WI | $2K | 2023 |
| United Way Of Dane CountyPROGRAM SUPPORT | Madison, WI | $73K | 2023 |
| University Of Wisconsin OshkoshPROGRAM SUPPORT - PMT 2 OF | Oshkosh, WI | $33K | 2023 |
| Madison College FoundationPROGRAM SUPPORT - PMT 3 OF | Madison, WI | $15K | 2023 |
| Agrace Hospicecare IncCARE FOR ALL CAMPAIGN-PMT 3 | Fitchburg, WI | $10K | 2023 |
| Edgewood CollegePROGRAM SUPPORT | Madison, WI | $10K | 2023 |
| Securefutures Foundation IncPROGRAM SUPPORT | Milwaukee, WI | $10K | 2023 |
| The Grand Oshkosh IncPROGRAM SUPPORT-PMT 3 OF 5 | Oshkosh, WI | $5K | 2023 |
| Wisconsin Historical Foundation IncPROGRAM SUPPORT-PMT 5 OF 5 | Madison, WI | $5K | 2023 |
| Stoughton Hospital Foundation IncPROGRAM SUPPORT | Stoughton, WI | $5K | 2023 |
| Fox Cities Performing Arts Center IncPROGRAM SUPPORT | Appleton, WI | $5K | 2023 |
| American Cancer Society IncPROGRAM SUPPORT | Pewaukee, WI | $4K | 2023 |
| Madison Public Library FoundationLIBRARY CAPITAL CAMPAIGN | Madison, WI | $3K | 2023 |
| Next Door Foundation IncGENERAL SUPPORT | Milwaukee, WI | $3K | 2023 |
| Destination Madison Foundation IncPROGRAM SUPPORT | Madison, WI | $3K | 2023 |
| Neighborworks Green BayPROGRAM SUPPORT | Green Bay, WI | $3K | 2023 |
| Bryon Riesch Paralysis Foundation IncGENERAL SUPPORT | Waukesha, WI | $3K | 2023 |
| Madison Public Schools Foundation IncCOMMUNITY SCHOOLS GRANT- | Madison, WI | $3K | 2023 |
| Lussier Community Education Center IncFOOD PANTRY | Madison, WI | $2K | 2023 |
| Appleton Educational Foundation IncPROGRAM SUPPORT - PMT 2 OF | Appleton, WI | $2K | 2023 |
| South Central Library System FoundationGENERAL SUPPORT | Madison, WI | $2K | 2023 |
| Fairwaycares IncPACING FOR PACKAGES | Madison, WI | $1K | 2023 |
| Pecatonica Area Food PantryFOOD PANTRY | Blanchardville, WI | $1K | 2023 |
| Middleton Outreach Ministry IncFOOD PANTRY | Middleton, WI | $1K | 2023 |
| Second Harvest Foodbank OfFOOD PANTRY | Madison, WI | $1K | 2023 |
| New North IncGENERAL SUPPORT | Green Bay, WI | $1K | 2023 |
| Gift Of Adoption Fund IncPROGRAM SUPPORT-GATHER FOR | Techny, IL | $1K | 2023 |
| Goodman Community Center IncFOOD PANTRY | Madison, WI | $1K | 2023 |
| Agebetter IncPROGRAM SUPPORT | Madison, WI | $1K | 2023 |
| Champion4kids IncPROGRAM SUPPORT | Madison, WI | $1K | 2023 |
| Waunakee Ecumenical Board IncPROGRAM SUPPORT | Waunakee, WI | $1K | 2023 |
| District Council Of Madison Inc SocietyPROGRAM SUPPORT | Madison, WI | $1K | 2023 |
| Reap Food GroupFOOD PANTRY | Madison, WI | $1K | 2023 |
| River Food PantryFOOD PANTRY | Madison, WI | $1K | 2023 |
| Badger Prairie Needs Network IncFOOD PANTRY | Verona, WI | $1K | 2023 |
| Beaver Dam Hockey AssociationGENERAL SUPPORT | Beaver Dam, WI | $250 | 2023 |
| Monticello Foundation IncPROGRAM SUPPORT | New Glarus, WI | $200 | 2023 |
| Urban League Of GreaterGENERAL PURPOSE | Madison, WI | $20K | 2022 |
| Boy Scouts Of AmericaGENERAL SUPPORT | Sunrise, AZ | $12K | 2022 |
| Friends Of Cabone Cancer Center IncGENERAL SUPPORT | Fitchburg, WI | $10K | 2022 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI