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Trustage Foundation Inc. is a private corporation based in MADISON, WI. The foundation received its IRS ruling in 1967. It holds total assets of $14.6M. Annual income is reported at $6.1M. According to available records, Trustage Foundation Inc. has made 296 grants totaling $17.8M, with a median grant of $22K. Annual giving has decreased from $7.9M in 2021 to $5M in 2023. Individual grants have ranged from $125 to $1M, with an average award of $60K. The foundation has supported 188 unique organizations. The foundation primarily supports organizations in Wisconsin, Iowa, South Carolina, which account for 86% of all grants. Grantmaking reaches organizations across 20 states. Contributions to this foundation are tax-deductible.
Trustage Foundation Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 296 grants. Its grantmaking reaches organizations primarily in WI, IA, SC.
Trustage Foundation Inc. has distributed a total of $17.8M across 296 grants. The median grant size is $22K, with an average of $60K. Individual grants have ranged from $125 to $1M.
Trustage Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Trustage Foundation Inc. is headquartered in MADISON, WI. While based in WI, the foundation distributes grants to organizations across 20 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Lisa Wagner | DIRECTOR (END 1/23) | $0 | $0 | $0 |
| Brian J Borakove | TREASURER | $0 | $0 | $0 |
| Katherine L Castro | ASSISTANT SECRETARY | $0 | $0 | $0 |
| Todd M Dunning | ASSISTANT TREASURER | $0 | $0 | $0 |
| Gerald Singleton Ii | DIRECTOR (END 6/23) | $0 | $0 | $0 |
Total Giving
$5M
Total Assets
$14.4M
Fair Market Value
$15.6M
Net Worth
$14.4M
Grants Paid
$5M
Contributions
$0
Net Investment Income
$607K
Distribution Amount
$875K
Total: $11.1M
Total Grants
296
Total Giving
$17.8M
Average Grant
$60K
Median Grant
$22K
Unique Recipients
188
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Christian Community DevelopmentCHARITABLE | Waterloo, IA | $50K | 2023 |
| Society Of St Vincent De PaulCHARITABLE | Madison, WI | $50K | 2023 |
| Centro HispanoCHARITABLE | Madison, WI | $500K | 2023 |
| Lussier Community Education Center IncCHARITABLE | Madison, WI | $298K | 2023 |
| Filene Research InstituteCHARITABLE |
| Ashley Utz |
| DIRECTOR (END 12/23) |
| $0 |
| $0 |
| $0 |
| Danielle Cruz | DIRECTOR | $0 | $0 | $0 |
| Emily Gnam | VICE PRESIDENT (START 12/23)/DIRECTOR | $0 | $0 | $0 |
| Toy Kelly | ASSISTANT SECRETARY (START 11/23) | $0 | $0 | $0 |
| Travis Scott | ASSISTANT TREASURER (START 11/23) | $0 | $0 | $0 |
| Mccann-Lair Angela | DIRECTOR (START 1/23) | $0 | $0 | $0 |
| Nedelcoff Linda | DIRECTOR (START 12/23) | $0 | $0 | $0 |
| Rob Purtell | DIRECTOR (END 12/23) | $0 | $0 | $0 |
| Karim Habib | DIRECTOR (END 1/23) | $0 | $0 | $0 |
| Cedric Ellis | PRESIDENT/DIRECTOR (END 12/23) | $0 | $0 | $0 |
| Angela Russell | PRESIDENT (START 12/23)/ DIRECTOR | $0 | $0 | $0 |
| Paul Barbato | SECRETARY | $0 | $0 | $0 |
| Madison, WI |
| $250K |
| 2023 |
| 1619 Freedom SchoolCHARITABLE | Cedar Falls, IA | $250K | 2023 |
| Yourcause LlcCHARITABLE | Charleston, SC | $249K | 2023 |
| Goodman Community CenterCHARITABLE | Madison, WI | $200K | 2023 |
| Madison-Area Urban Ministry (Now Just Dane)CHARITABLE | Madison, WI | $200K | 2023 |
| Mentoring PositivesCHARITABLE | Madison, WI | $189K | 2023 |
| Iowa Heartland Habitate For HumanityCHARITABLE | Waterloo, IA | $167K | 2023 |
| Boys And Girls Club Of Dane CountyCHARITABLE | Madison, WI | $150K | 2023 |
| Climb Usa IncCHARITABLE | Madison, WI | $140K | 2023 |
| Wise Women Gathering PlaceCHARITABLE | Green Bay, WI | $125K | 2023 |
| Briarpatch Youth ServicesCHARITABLE | Fitchburg, WI | $100K | 2023 |
| Cedar Valley Friends Of The FamilyCHARITABLE | Waverly, IA | $100K | 2023 |
| Foundation For Black Women'S WellnessCHARITABLE | Madison, WI | $100K | 2023 |
| East Madison Community CenterCHARITABLE | Madison, WI | $100K | 2023 |
| Outreach IncCHARITABLE | Madison, WI | $100K | 2023 |
| Lighthouse Christian SchoolCHARITABLE | Madison, WI | $100K | 2023 |
| Maydm IncCHARITABLE | Madison, WI | $100K | 2023 |
| Center For Community StewardshipCHARITABLE | Madison, WI | $75K | 2023 |
| Boys & Girls Club Of The Cedar ValleyCHARITABLE | Cedar Falls, IA | $70K | 2023 |
| Foundation For Dane County ParksCHARITABLE | Madison, WI | $63K | 2023 |
| Families & Schools TogetherCHARITABLE | Madison, WI | $63K | 2023 |
| The Jesse Cosby CenterCHARITABLE | Waterloo, IA | $60K | 2023 |
| Consumer Federation Of AmericaCHARITABLE | Washington, ND | $50K | 2023 |
| Porchlight IncCHARITABLE | Madison, WI | $50K | 2023 |
| Vera Court Neighborhood CenterCHARITABLE | Madison, WI | $50K | 2023 |
| Catholic Charities - The BeaconCHARITABLE | Madison, WI | $50K | 2023 |
| Larrabee Center IncCHARITABLE | Waverly, IA | $50K | 2023 |
| Transformations By Austin AngelsCHARITABLE | Waterloo, IA | $50K | 2023 |
| Wisconsin Chamber OrchestraCHARITABLE | Madison, WI | $50K | 2023 |
| Urban TriageCHARITABLE | Madison, WI | $50K | 2023 |
| Champions4kids IncCHARITABLE | Madison, WI | $50K | 2023 |
| Habitat For HumanityCHARITABLE | Waterloo, IA | $50K | 2023 |
| The Arc Of The Usa - Wi ChapterCHARITABLE | Stoughton, WI | $38K | 2023 |
| Simpson Street Free PressCHARITABLE | Monona, WI | $35K | 2023 |
| Horizon High SchoolCHARITABLE | Madison, WI | $35K | 2023 |
| The Job FoundationCHARITABLE | Cedar Falls, IA | $35K | 2023 |
| Waverly-Shell Rock United WayCHARITABLE | Waverly, IA | $33K | 2023 |
| National Credit Union FoundationCHARITABLE | Washington, DC | $25K | 2023 |
| Payne Memorial Ame ChurchCHARITABLE | Waterloo, IA | $25K | 2023 |
| Middleton Outreach MinistryCHARITABLE | Middleton, WI | $25K | 2023 |
| Madison Reading ProjectCHARITABLE | Madison, WI | $25K | 2023 |
| Leader Valley FoundationCHARITABLE | Waterloo, IA | $21K | 2023 |
| Nehemiah Community Development CorporationCHARITABLE | Madison, WI | $20K | 2023 |
| Ymca Of Dane County IncCHARITABLE | Madison, WI | $20K | 2023 |
| Gigis PlayhouseCHARITABLE | Madison, WI | $15K | 2023 |
| Waterloo School DistrictCHARITABLE | Waterloo, IA | $15K | 2023 |
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