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The Morgridge Institute Foundation Inc

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

EIN: 822760376 ✦ Madison, WI ✦ Designated as a 501(c)(3)

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Overview

What is The Morgridge Institute Foundation Inc?

The Morgridge Institute Foundation Inc is a charitable organization based in Madison, Wisconsin, with a mission to support the Morgridge Institute for Research, a 501(C)3 medical research organization affiliated with the University of Wisconsin - Madison. The foundation manages donations, grants, bequests, and legacies to further the institute's objective of addressing significant health challenges by conducting, enabling, and translating innovative, interdisciplinary biomedical research in collaboration with the University of Wisconsin - Madison and other partners. The foundation's aim is to leverage collective research strength to make groundbreaking discoveries and improve human health.

Is The Morgridge Institute Foundation Inc legitimate?

The Morgridge Institute Foundation Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Morgridge Institute 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here

What is the mission statement of The Morgridge Institute Foundation Inc?

The Morgridge Institute Foundation's mission is solely to support the Morgridge Institute for Research, a tax-exempt 501(C)3 medical research organization affiliated with the University of Wisconsin - Madison. The foundation utilizes donations, grants, bequests, and devises to promote, encourage, and aid the institute's mission. This mission involves solving major challenges to human health through conducting, enabling, and translating innovative, interdisciplinary biomedical research in partnership with the University of Wisconsin - Madison and other entities. The foundation leverages the collective strength in research to make significant strides in this field.

Who is the CEO of The Morgridge Institute Foundation Inc?

Kathi Stanek is the Ceo/Trustee of The Morgridge Institute Foundation Inc. The CEO's salary of The Morgridge Institute Foundation Inc is $0 and their total compensation is $530,255.

What is the revenue of The Morgridge Institute Foundation Inc?

The Morgridge Institute Foundation Inc's revenue in 2023 was $254,947.

Who are the executives of The Morgridge Institute Foundation Inc and what are their salaries?


Here are 20 key members and their salaries (The Morgridge Institute Foundation Inc's CEO's salary is $0 and their total compensation is $530,255):


Brad Schwartz (Ceo/Trustee)
  • Compensation: $0
  • Related: $481,873
  • Other: $48,382
Kathi Stanek (Cfo/Coo/Treasurer)
  • Compensation: $0
  • Related: $328,716
  • Other: $46,224
Brian Mattmiller (Chief Communications Off./Secretary)
  • Compensation: $0
  • Related: $196,597
  • Other: $44,475
Mary Burke (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
John Burris (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Harvey Cohen (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
James Dahlberg (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Jacquelyn Fredrick (Trustee/Chair)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Erik Iverson (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Deborah Keller (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Patricia Lipton (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
John Neis (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Thomas Pyle Jr (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Winslow L Sargeant (Trustee)
  • Compensation: $0
  • Related: $15,000
  • Other: $0
Thomas Krummel (Trustee)
  • Compensation: $0
  • Related: $5,000
  • Other: $0
John Morgridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tashia Morgridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tess Morgridge Gardner (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Morgridge (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Fred Robertson (Trustee/Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for The Morgridge Institute Foundation Inc?

The Morgridge Institute Foundation Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of The Morgridge Institute Foundation Inc

The Morgridge Institute Foundation is dedicated to supporting the mission and vision of the Morgridge Institute for Research, a tax-exempt 501(c)3 medical research organization affiliated with the University of Wisconsin - Madison. The foundation's role is to administer gifts, grants, bequests, and devises, promoting, encouraging, and aiding the institute's mission. This mission revolves around solving major challenges to human health by conducting, enabling, and translating innovative, interdisciplinary biomedical research in partnership with the University of Wisconsin - Madison and other entities. By leveraging their collective strength in research, the Morgridge Institute for Research aims to make significant strides in addressing critical health issues.

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Impact




October, 2024

The Morgridge Institute Foundation Inc significantly impacts human health by supporting innovative biomedical research through the Morgridge Institute for Research. It facilitates the administration of gifts, grants, and bequests that empower groundbreaking interdisciplinary research. By fostering collaboration with the University of Wisconsin-Madison, the foundation plays a pivotal role in addressing major health challenges. This partnership leverages shared expertise and resources, enhancing the capacity to translate scientific discoveries into real-world medical solutions. The foundation's commitment to promoting and enabling research not only drives advancements in the field but also contributes to the overall improvement of community health outcomes.




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


Financials

This financial information is from Propublica.

Revenue
$254,947 (2023)
Expenses
$16,523,025 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: -$28,567,155
  • Gross Receipts: $32,472,231

Assets and Liabilities:

  • Total Assets: $474,107,649
  • Total Liabilities: $23,675,907
  • Net Assets: $450,431,742

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Organization Details

Founding Year

2017

Principal Officer

Kathi Stanek

Main Address

330 NORTH ORCHARD STREET, MADISON, WI, 53715

NTEE Category

Code: H11 - Medical research

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