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Madison Gas & Electric Foundation Inc. is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 1966. It holds total assets of $45.2M. Annual income is reported at $42.7M. Total assets have grown from $13.8M in 2011 to $45.2M in 2024. The foundation is governed by 6 officers and trustees. Support the programs of charitable and other exempt organizations predominantly located in the madison area. 178 grants were awarded during 2021. Tax records are available from 2016 to 2024. Grantmaking is concentrated in Wisconsin. According to available records, Madison Gas & Electric Foundation Inc. has made 575 grants totaling $5.1M, with a median grant of $3K. The foundation has distributed between $1.6M and $1.9M annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $1.9M distributed across 203 grants. Individual grants have ranged from $100 to $230K, with an average award of $9K. The foundation has supported 340 unique organizations. The foundation primarily supports organizations in Wisconsin, Connecticut, Illinois, which account for 98% of all grants. Grantmaking reaches organizations across 10 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$100
Median Grant
$3K
Average Grant
$9K
Largest Grant
$149K
Based on 176 grants from the most recent 990-PF filing.
Support the programs of charitable and other exempt organizations predominantly located in the madison area. 137 grants were awarded during 2020.
Expenses: $1.4M
Support the programs of charitable and other exempt organizations predominantly located in the madison area. 178 grants were awarded during 2021. Based on available records, the foundation has funded 575 grants. Its grantmaking reaches organizations primarily in WI, CT, IL.
Madison Gas & Electric Foundation Inc. has distributed a total of $5.1M across 575 grants. The median grant size is $3K, with an average of $9K. Individual grants have ranged from $100 to $230K.
Grants are generally awarded to 501(c)(3) exempt organizations located within madison gas and electric's service territory.
Madison Gas & Electric Foundation Inc. is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 10 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gary Wolter | DIRECTOR | $0 | $0 | N/A |
| Tamara Johnson | VICE PRESIDENT AND TREASURER | $0 | $0 | N/A |
| Jeffrey Keebler | PRESIDENT AND CHAIRMAN | $0 | $0 | N/A |
| Lynn K Hobbie | DIRECTOR | $0 | $0 | N/A |
| Jared Bushek | VICE PRESIDENT | $0 | $0 | N/A |
| Cari Anne Renlund | SECRETARY | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$45.2M
Fair Market Value
N/A
Net Worth
$44.9M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
Total Grants
575
Total Giving
$5.1M
Average Grant
$9K
Median Grant
$3K
Unique Recipients
340
Most Common Grant
$1K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Salvation ArmyGENERAL SUPPORT | Des Plaines, IL | $35K | 2023 |
| Bayview Foundation IncGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| United Way Of Dane County$145,000 IN GENERAL SUPPORT, $2,500 TO SPONSOR THE WOMEN UNITED BRUNCH, $2,500 TO SPONSOR LEAD UNITED, AND $14,000 TO SPONSOR THE LOANED EXECUTIVE PROGRAM | Madison, WI | $164K | 2023 |
| United Way Of Dane County FoundationGENERAL SUPPORT | Madison, WI | $103K | 2023 |
| Centro Hispano Of Dane CountyGENERAL SUPPORT | Madison, WI | $75K | 2023 |
| Urban League Of Greater Madison$50,000 TO SUPPORT THE BLACK BUSINESS HUB AND $10,000 TO SPONSOR THE 2023 MADISON REGION ECONOMIC DEVELOPMENT & DIVERSITY SUMMIT | Madison, WI | $59K | 2023 |
| Boys And Girls Club Of Dane County$50,000 TO SUPPORT THE MCKENZIE REGIONAL WORKFORCE CENTER AND $2,500 IN GENERAL SUPPORT | Madison, WI | $53K | 2023 |
| One City Schools Foundation Inc$50,000 IN GENERAL SUPPORT AND $2,500 TO SUPPORT THE OWN IT: BUILDING BLACK WEALTH INITIATIVE | Madison, WI | $53K | 2023 |
| Center For Black Excellence And CultureGENERAL SUPPORT | Madison, WI | $50K | 2023 |
| Overture Center For The ArtsSUPPORT KIDS IN THE ROTUNDA | Madison, WI | $50K | 2023 |
| City Of Madison$8,500 TO SUPPORT "THE RIGHT TREE IN THE RIGHT PLACE" PROJECT AND $40,000 TO SUPPORT THE DAIRY DRIVE URBAN CAMPGROUND | Madison, WI | $49K | 2023 |
| Madison Public Market Foundation IncGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| Foundation For Black Women'S WellnessGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| Forward Theater CompanyGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| River Food PantryGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| Madison Public Schools FoundationGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| The Playing FieldGENERAL SUPPORT | Madison, WI | $25K | 2023 |
| Ice IncGENERAL SUPPORT | Verona, WI | $25K | 2023 |
| Clean Lakes AllianceGENERAL SUPPORT | Madison, WI | $23K | 2023 |
| University Of Wisconsin FoundationSUPPORT THE FOLLOWING PROJECTS: $2,000 WI ENERGY INSTITUTE, $500 NELSON INSTITUTE, $5,000 CENTER FOR HEALTHY MINDS, $2,500 ANDY NORTH AND FRIENDS CANCER FUND, $1,000 CENTER FOR JOURNALISM ETHICS FUND, $5,000 CHANCELLOR REBECCA BLANK GREAT PEOPLE SCHOLARSHIP FUND, $3,750 FRIENDS OF ODYSSEY FAMILY FUND, AND $2,500 EARTH DAY EVENT FUND | Madison, WI | $22K | 2023 |
| Madison Children'S MuseumSUPPORT THE NICE AGE TRAIL EXHIBIT | Madison, WI | $20K | 2023 |
| Downtown Madison Partners IncGENERAL SUPPORT | Madison, WI | $20K | 2023 |
| Rise Wisconsin IncGENERAL SUPPORT | Madison, WI | $20K | 2023 |
| Habitat For HumanitySUPPORT THE UNDER ONE ROOF CAMPAIGN | Madison, WI | $20K | 2023 |
| Wisconsin Chamber OrchestraSPONSOR CONCERTS ON THE SQUARE | Madison, WI | $15K | 2023 |
| Goodman Community Center$10,000 TO SUPPORT THE LIVING WAGE CAMPAIGN AND $5,000 TO SUPPORT THE BE THE GOOD CAMPAIGN | Madison, WI | $15K | 2023 |
| Solace Friends IncGENERAL SUPPORT | Madison, WI | $15K | 2023 |
| Aldo Leopold Nature CenterGENERAL SUPPORT | Madison, WI | $15K | 2023 |
| Kiva Greater MadisonSUPPORT THE WI WOMENS BUSINESS INITIATIVE | Milwaukee, WI | $15K | 2023 |
| Destination Madison Foundation IncSPONSOR THE "THIS IS 50: A CELEBRATION OF OUR DESTINATION" EVENT | Madison, WI | $15K | 2023 |
| American Heart Association$5,000 TO SPONSOR THE MADISON GO RED FOR WOMEN EVENT AND $7,500 IN GENERAL SUPPORT | Madison, WI | $13K | 2023 |
| Madison365GENERAL SUPPORT | Madison, WI | $12K | 2023 |
| University Of Wisconsin - Madison$1,500 TO SUPPORT THE ART INSTITUTE, $10,000 TO SPONSOR THE 175TH ANNIVERSARY CELEBRATION, AND $150 TO SUPPORT ASABE | Madison, WI | $12K | 2023 |
| MaydmGENERAL SUPPORT | Madison, WI | $11K | 2023 |
| American Players TheatreGENERAL SUPPORT | Spring Green, WI | $10K | 2023 |
| Doyenne Group IncGENERAL SUPPORT | Monona, WI | $10K | 2023 |
| Newbridge IncGENERAL SUPPORT | Madison, WI | $10K | 2023 |
| Wisconsin Youth Symphony OrchestrasGENERAL SUPPORT | Madison, WI | $10K | 2023 |
| Center For Community StewardshipGENERAL SUPPORT | Madison, WI | $9K | 2023 |
| Wisconsin Hmong AssociationGENERAL SUPPORT | Madison, WI | $8K | 2023 |
| Outreach Lgbtq Community CenterGENERAL SUPPORT | Madison, WI | $8K | 2023 |
| Gathering WatersGENERAL SUPPORT | Madison, WI | $8K | 2023 |
| Unidos Against Domestic ViolenceGENERAL SUPPORT | Madison, WI | $8K | 2023 |
| Brat Fest IncGENERAL SUPPORT | Madison, WI | $8K | 2023 |
| African Association Of Madison IncGENERAL SUPPORT | Madison, WI | $8K | 2023 |
| Benedictine Life Fdn Of Wi IncGENERAL SUPPORT | Middleton, WI | $7K | 2023 |
| Ywca MadisonGENERAL SUPPORT | Madison, WI | $6K | 2023 |
| Urban TriageGENERAL SUPPORT | Madison, WI | $6K | 2023 |
| Simpson Street Free PressGENERAL SUPPORT | Monona, WI | $6K | 2023 |
| Porchlight IncGENERAL SUPPORT | Madison, WI | $6K | 2023 |