Northwestern Mutual Life Foundation Inc. is a private corporation based in MILWAUKEE, WI. The foundation received its IRS ruling in 2015. The principal officer is % Elizabeth Whitburn. It holds total assets of $108.1M. Annual income is reported at $37.3M. The foundation operates in the area of education. According to available records, Northwestern Mutual Life Foundation Inc. has made 3 grants totaling $70.6M, with a median grant of $22.9M. The foundation has distributed between $22.3M and $25.4M annually from 2021 to 2023. Individual grants have ranged from $22.3M to $25.4M, with an average award of $23.5M. The foundation has supported 2 unique organizations. Grant recipients are concentrated in Wisconsin. Contributions to this foundation are tax-deductible.
Northwestern Mutual Life Foundation Inc. primarily funds organizations in the area of education. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in WI.
Northwestern Mutual Life Foundation Inc. has distributed a total of $70.6M across 3 grants. The median grant size is $22.9M, with an average of $23.5M. Individual grants have ranged from $22.3M to $25.4M.
The application deadline is RECOMMENDED DEADLINE FOR GRANT SUBMISSION IS MARCH 15. PRIMARY FOCUS IS ON ORGANIZATIONS AND CAUSES IN SOUTHEASTERN WISCONSIN.
Northwestern Mutual Life Foundation Inc. is headquartered in MILWAUKEE, WI.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Karen A Molloy | Treasurer | $0 | $0 | $0 |
| Steven M Radke | President & Director | $0 | $0 | $0 |
| John E Schlifske | Chairman & Director | $0 | $0 | $0 |
| Scott J Morris | Secretary | $0 | $0 | $0 |
| Lisa A Cadotte | Director | $0 | $0 | $0 |
Total Giving
$27.7M
Total Assets
$89.5M
Fair Market Value
N/A
Net Worth
$89.5M
Grants Paid
N/A
Contributions
$99K
Net Investment Income
$6.9M
Distribution Amount
$4.8M
Total Grants
3
Total Giving
$70.6M
Average Grant
$23.5M
Median Grant
$22.9M
Unique Recipients
2
Most Common Grant
$22.3M
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| See Attachment 2FOR CHARITABLE, RELIGIOUS, EDUCATIONAL, & SCIENTIFIC PURPOSES | Milwaukee, WI | $25.4M | 2023 |
| See AttachmentFor charitable, religious, educational, & scientific purposes | Milwaukee, WI | $22.3M | 2021 |
| Aditi J Gokhale |
| Director |
| $0 |
| $0 |
| $0 |
| Raymond J Manista | Director | $0 | $0 | $0 |
| Don J Robertson | Director | $0 | $0 | $0 |
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