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Fortune Family Foundation Inc. is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 2006. The principal officer is Sara H Fortune. It holds total assets of $46K. Annual income is reported at $33K. Total assets have decreased from $105K in 2011 to $76K in 2023. The foundation is governed by 5 officers and trustees. 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 2016 to 2023. Funding is distributed across 4 states, including Illinois, New Jersey, Georgia. According to available records, Fortune Family Foundation Inc. has made 17 grants totaling $252K, with a median grant of $5K. Annual giving has decreased from $47K in 2020 to $11K in 2023. Grantmaking activity was highest in 2021 with $184K distributed across 6 grants. Individual grants have ranged from $500 to $125K, with an average award of $15K. The foundation has supported 15 unique organizations. The foundation primarily supports organizations in Wisconsin, Illinois, New Jersey, which account for 82% of all grants. Grantmaking reaches organizations across 6 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$500
Median Grant
$5K
Average Grant
$8K
Largest Grant
$30K
Based on 6 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.
Fortune Family Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 17 grants. Its grantmaking reaches organizations primarily in WI, IL, NJ.
Fortune Family Foundation Inc. has distributed a total of $252K across 17 grants. The median grant size is $5K, with an average of $15K. Individual grants have ranged from $500 to $125K.
Fortune Family Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Fortune Family 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 |
|---|---|---|---|---|
| Christopher S Fortune | VICE PRESIDENT & SECRETARY | $0 | $0 | N/A |
| Sara H Fortune | PRESIDENT & TREASURER | $0 | $0 | N/A |
| Emma B Fortune | DIRECTOR | $0 | $0 | N/A |
| Heather B Fortune | DIRECTOR | $0 | $0 | N/A |
| Kelly G Fortune | DIRECTOR | $0 | $0 | N/A |
Total Giving
$12K
Total Assets
$76K
Fair Market Value
$70K
Net Worth
$76K
Grants Paid
$11K
Contributions
N/A
Net Investment Income
$849
Distribution Amount
$4K
Total Grants
17
Total Giving
$252K
Average Grant
$15K
Median Grant
$5K
Unique Recipients
15
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Boys & Girls ClubSUPPORT CHARITABLE ACTIVITIES | Atlanta, GA | $5K | 2020 |
| Bike Parks For Kids FoundationSUPPORT CHARITABLE ACTIVITIES | Madison, WI | $5K | 2023 |
| Boys & Girls Club Dane CountySUPPORT CHARITABLE ACTIVITIES | Madison, WI | $5K | 2023 |
| Foundations For Peripheral NeuropathySUPPORT CHARITABLE ACTIVITIES | Buffalo Grove, IL | $500 | 2023 |
| Madison Parks FoundationSUPPORT CHARITABLE ACTIVITIES | Madison, WI | $500 | 2023 |
| Saris FoundationSUPPORT CHARITABLE ACTIVITIES | Fitchburg, WI | $125K | 2021 |
| Little John'S KitchenSUPPORT CHARITABLE ACTIVITIES | Fitchburg, WI | $50K | 2021 |
| Boys & Girls Club GoshenSUPPORT CHARITABLE ACTIVITIES | Goshen, IN | $5K | 2021 |
| We Are Project HeroSUPPORT CHARITABLE ACTIVITIES | San Diego, CA | $2K | 2021 |
| Cycling Without Age - Northwest Dane Senior ServicesSUPPORT CHARITABLE ACTIVITIES | Cross Plains, WI | $1K | 2021 |
| Working BikesSUPPORT CHARITABLE ACTIVITIES | Chicago, IL | $500 | 2021 |
| World Bicycle ReliefSUPPORT CHARITABLE ACTIVITIES | Chicago, IL | $30K | 2020 |
| Root To Rise IncSUPPORT CHARITABLE ACTIVITIES | Asbury Park, NJ | $6K | 2020 |
| University Of Wisconsin FoundationSUPPORT CHARITABLE ACTIVITIES | Madison, WI | $5K | 2020 |
| Notre Dame College PrepSUPPORT CHARITABLE ACTIVITIES | Niles, IL | $1K | 2020 |
MILWAUKEE, WI
WAUKESHA, WI
MILWAUKEE, WI