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Greater Milwaukee Foundation Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 396036407 ✦ Milwaukee, WI ✦ Designated as a 501(c)(3)

Overview

What is Greater Milwaukee Foundation Inc?

Greater Milwaukee Foundation Inc is a local community foundation in Milwaukee, Wisconsin, with a rich history spanning over 100 years. The organization inspires philanthropy by providing opportunities for individuals and families committed to making a difference in their community, leaving a lasting legacy. Through their generous donor investments, the Greater Milwaukee Foundation significantly influences and improves the region by engaging in discretionary grantmaking, thereby strengthening communities for current and future generations. With a dedicated team of 67 employees, the foundation serves as a vital bridge between donors and community needs.


Official website here: www.greatermilwaukeefoundation.org

Is Greater Milwaukee Foundation Inc legitimate?

Greater Milwaukee Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Greater Milwaukee Foundation Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $851,442
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,503,015

For more financial information, click here


Official website here: www.greatermilwaukeefoundation.org

What is the mission statement of Greater Milwaukee Foundation Inc?

The Greater Milwaukee Foundation Inc inspires philanthropy and serves donors, working towards strengthening communities, both presently and for future generations. With over a century of experience, the organization has facilitated the legacy-building of philanthropic individuals and families, enabling them to leave a lasting impact on their community. Through ongoing donor investments, the foundation influences and shapes their region via discretionary grantmaking.


Official website here: www.greatermilwaukeefoundation.org

Who is the CEO of Greater Milwaukee Foundation Inc?

Ken Robertson is the Board Member of Greater Milwaukee Foundation Inc.


Official website here: www.greatermilwaukeefoundation.org

What is the revenue of Greater Milwaukee Foundation Inc?

Greater Milwaukee Foundation Inc's revenue in 2022 was $87,591,185.


Official website here: www.greatermilwaukeefoundation.org

Who are the executives of Greater Milwaukee Foundation Inc and what are their salaries?

The average compensation at Greater Milwaukee Foundation Inc during 2022 was $94,843. There are 67 employees and 39 volunteers at Greater Milwaukee Foundation Inc.

Here are 27 key members and their salaries:

    Ellen Gilligan (President)
  • Compensation: $335,274
  • Related: $0
  • Other: $67,319

    • Ken Robertson (Secretary/Treasurer)
  • Compensation: $214,320
  • Related: $0
  • Other: $28,654

    • Kathryn Dunn (Vp Of Comm. Invest.)
  • Compensation: $173,810
  • Related: $0
  • Other: $32,065

    • Danae Davis (Executive Director)
  • Compensation: $175,611
  • Related: $0
  • Other: $21,628

    • Kristen Mekemson (Vp Dev/Phil Services)
  • Compensation: $141,572
  • Related: $0
  • Other: $31,705

    • Michael Hoffman (Vp Of Hr)
  • Compensation: $134,944
  • Related: $0
  • Other: $35,686

    • Laura Glawe (Vp Marketing)
  • Compensation: $132,980
  • Related: $0
  • Other: $36,159

    • Janel Hines (Vp Community Impact)
  • Compensation: $130,045
  • Related: $0
  • Other: $12,334

    • Dave Drury (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Mary Ellen Stanek (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Jones (Board Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Oberland (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Wendy Bosworth (Board Member (Retired 6/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cecelia Gore (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dave Kundert (Board Member (Retired 6/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jackie Herd-Baber (Board Member (Retired 6/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cory Nettles (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Greg Marcus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Marie O'Brien (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Susan Ela (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dale Kent (Board Member (Retired 9/22)) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gregory Wesley (Board Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pedro Colon (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Thomas Florsheim (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Darryl Morin (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Derek Tyus (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Naryan Leazer (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.greatermilwaukeefoundation.org

    Where can I find the form 990 for Greater Milwaukee Foundation Inc?

    The Greater Milwaukee Foundation Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.greatermilwaukeefoundation.org

    Learn more at the official website: www.greatermilwaukeefoundation.org

    Mission Statement of Greater Milwaukee Foundation Inc

    Greater Milwaukee Foundation Inc, a community foundation with a rich history spanning over a century, is dedicated to inspiring philanthropy, serving donors, and strengthening communities for current and future generations. By fostering philanthropic efforts, this organization plays a pivotal role in helping individuals and families leave a lasting legacy in their community.

    Through the ongoing investments made by their generous donors, Greater Milwaukee Foundation Inc has the power to significantly influence and impact their region. Their discretionary grantmaking enables them to address the ever-evolving needs of their community and contribute to its overall growth and prosperity. The Foundation's commitment to their mission extends beyond the present, with a focus on creating a stronger, more vibrant community for future generations.

    In simple terms, Greater Milwaukee Foundation Inc serves as a bridge between donors and the community, facilitating charitable giving and ensuring that resources are used effectively and efficiently to address pressing social issues and benefit the lives of individuals within their region. Their mission is a testament to the power of collective giving and the transformative impact it can have on a community.

    Impact

    This information is meant to be a general summary of Greater Milwaukee Foundation Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Greater Milwaukee Foundation Inc's impact lies in inspiring philanthropy, serving donors, and strengthening communities both now and for future generations. For over 100 years, the foundation has played a pivotal role in helping individuals and families dedicated to philanthropy leave a lasting legacy and contribute to building a more vibrant community. Through the generous and sustained investments of its donors, this community foundation has been able to exert a strong influence on the region through its discretionary grantmaking, making a significant positive impact on the overall well-being and development of Milwaukee and its surrounding areas.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $26,752,678
  • Program Service Revenue: $0
  • Gross Receipts: $381,185,473

    • Assets and Liabilities:
  • Total Assets: $894,352,035
  • Total Liabilities: $13,082,190
  • Net Assets: $881,269,845
  • Organization Details

    Founding Year

    1989

    Principal Officer

    Ken Robertson

    Main Address

    101 W PLEASANT 210, MILWAUKEE, WI, 53212

    NTEE Category

    Code: T31 - Philanthropy

    If you are a representative of Greater Milwaukee Foundation Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.