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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. Total assets have grown from $29K in 2011 to $14.6M in 2024. The foundation is governed by 17 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2020 to 2024. The foundation primarily funds organizations in Wisconsin and Iowa. 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.
Smallest Grant
$125
Median Grant
$25K
Average Grant
$71K
Largest Grant
$1M
Based on 111 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.
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 |
|---|---|---|---|---|
| Mccann-Lair Angela | DIRECTOR (START 1/23) | $0 | $0 | N/A |
| Travis Scott | ASSISTANT TREASURER (START 11/23) | $0 | $0 | N/A |
| Toy Kelly | ASSISTANT SECRETARY (START 11/23) | $0 | $0 | N/A |
| Emily Gnam | VICE PRESIDENT (START 12/23)/DIRECTOR | $0 | $0 | N/A |
| Danielle Cruz | DIRECTOR | $0 | $0 | N/A |
| Ashley Utz | DIRECTOR (END 12/23) | $0 | $0 | N/A |
| Gerald Singleton Ii | DIRECTOR (END 6/23) | $0 | $0 | N/A |
| Todd M Dunning | ASSISTANT TREASURER | $0 | $0 | N/A |
| Katherine L Castro | ASSISTANT SECRETARY | $0 | $0 | N/A |
| Cedric Ellis | PRESIDENT/DIRECTOR (END 12/23) | $0 | $0 | N/A |
| Angela Russell | PRESIDENT (START 12/23)/ DIRECTOR | $0 | $0 | N/A |
| Paul Barbato | SECRETARY | $0 | $0 | N/A |
| Brian J Borakove | TREASURER | $0 | $0 | N/A |
| Lisa Wagner | DIRECTOR (END 1/23) | $0 | $0 | N/A |
| Karim Habib | DIRECTOR (END 1/23) | $0 | $0 | N/A |
| Rob Purtell | DIRECTOR (END 12/23) | $0 | $0 | N/A |
| Nedelcoff Linda | DIRECTOR (START 12/23) | $0 | $0 | N/A |
Total Giving
N/A
Total Assets
$14.6M
Fair Market Value
N/A
Net Worth
$14.6M
Grants Paid
N/A
Contributions
N/A
Net Investment Income
N/A
Distribution Amount
N/A
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 |
|---|---|---|---|
| Society Of St Vincent De PaulCHARITABLE | Madison, WI | $50K | 2023 |
| Christian Community DevelopmentCHARITABLE | Waterloo, IA | $50K | 2023 |
| Centro HispanoCHARITABLE | Madison, WI | $500K | 2023 |
| Lussier Community Education Center IncCHARITABLE | Madison, WI | $298K | 2023 |
| Filene Research InstituteCHARITABLE | Madison, WI | $250K | 2023 |
| 1619 Freedom SchoolCHARITABLE | Cedar Falls, IA | $250K | 2023 |
| Yourcause LlcCHARITABLE | Charleston, SC | $249K | 2023 |
| Madison-Area Urban Ministry (Now Just Dane)CHARITABLE | Madison, WI | $200K | 2023 |
| Goodman Community CenterCHARITABLE | 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 |
| Outreach IncCHARITABLE | Madison, WI | $100K | 2023 |
| Briarpatch Youth ServicesCHARITABLE | Fitchburg, WI | $100K | 2023 |
| East Madison Community CenterCHARITABLE | Madison, WI | $100K | 2023 |
| Foundation For Black Women'S WellnessCHARITABLE | Madison, WI | $100K | 2023 |
| Cedar Valley Friends Of The FamilyCHARITABLE | Waverly, IA | $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 |
| Catholic Charities - The BeaconCHARITABLE | Madison, WI | $50K | 2023 |
| Wisconsin Chamber OrchestraCHARITABLE | Madison, WI | $50K | 2023 |
| Consumer Federation Of AmericaCHARITABLE | Washington, ND | $50K | 2023 |
| Larrabee Center IncCHARITABLE | Waverly, IA | $50K | 2023 |
| Champions4kids IncCHARITABLE | Madison, WI | $50K | 2023 |
| Habitat For HumanityCHARITABLE | Waterloo, IA | $50K | 2023 |
| Urban TriageCHARITABLE | Madison, WI | $50K | 2023 |
| Transformations By Austin AngelsCHARITABLE | Waterloo, IA | $50K | 2023 |
| Porchlight IncCHARITABLE | Madison, WI | $50K | 2023 |
| Vera Court Neighborhood CenterCHARITABLE | Madison, WI | $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 |
| Middleton Outreach MinistryCHARITABLE | Middleton, WI | $25K | 2023 |
| National Credit Union FoundationCHARITABLE | Washington, DC | $25K | 2023 |
| Madison Reading ProjectCHARITABLE | Madison, WI | $25K | 2023 |
| Payne Memorial Ame ChurchCHARITABLE | Waterloo, IA | $25K | 2023 |