Nonprofit · EIN 39-6036407
GREATER MILWAUKEE FOUNDATION INC
Tax-exempt · MILWAUKEE, WI 53212
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $85,176,235 | $85,506,672 | -$330,437 | $1,079,014,557 | $33,426,157 | $1,045,588,400 |
| December 31, 2023 | 990 | $78,030,106 | $65,430,598 | $12,599,508 | $1,005,749,724 | $10,226,031 | $995,523,693 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $41,537,233
- Program service revenue
- $0
- Investment income
- $42,929,348
- Net gain from sales of assets
- $26,118,398
- Other revenue
- $709,654
Expenses
- Grants and similar amounts paid
- $67,837,198
- Compensation of officers, directors and key employees
- $1,320,524
- Other salaries and wages
- $5,547,055
- Salaries, compensation and benefits (total)
- $8,927,161
- Professional fundraising fees
- $0
- Legal fees
- $58,966
- Accounting fees
- $196,890
- Occupancy
- $1,888,832
- Travel
- $46,706
- Depreciation
- $68,144
- Program services (functional)
- $73,645,002
- Management and general (functional)
- $8,597,634
- Fundraising (functional)
- $3,264,036
Balance sheet and other
- Total assets, start of year
- $1,005,749,724
- Total assets, end of year
- $1,079,014,557
- Total liabilities, end of year
- $33,426,157
- Net assets, end of year
- $1,045,588,400
- Land, buildings and equipment
- $365,044
- Publicly traded securities
- $999,182,812
- Net assets without donor restrictions
- $1,043,994,530
- Net assets with donor restrictions
- $1,593,870
- Gross unrelated business income
- $464,830
- Gross receipts
- $310,951,828
- Employees
- 66
- Volunteers
- 47
- Year formed
- 1989
- State of legal domicile
- WI
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990 for the year ended December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELLEN GILLIGAN | PRESIDENT ( END 8/24) Officer | 32 | $280,968 | $61,114 |
| VINCENT LYLES | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $227,063 | $47,479 |
| KRISTEN MEKEMSON | VP DEV/PHIL SERVICES/SECRETARY Officer | 40 | $190,603 | $37,143 |
| GREGORY WESLEY | PRESIDENT (START 8/24) Officer | 32 | $223,168 | $0 |
| KEN ROBERTSON | SECRETARY/TREASURER (END 8/24) Officer | 32 | $176,226 | $23,523 |
| KENYATTA SINCLAIR | CHIEF DEI & ORG LEARNING OFFICER Highest-paid employee | 40 | $156,640 | $31,820 |
| LAURA GLAWE | VP MARKETING Highest-paid employee | 40 | $140,699 | $40,847 |
| MICHAEL HOFFMAN | VP OF HR Highest-paid employee | 40 | $149,799 | $29,237 |
| YELENA CHESTER | CFO/TREASURER (START 8/24) Officer | 32 | $130,942 | $39,382 |
| KATHRYN DUNN | VP OF COMM. INVEST. (END 8/24) Officer | 32 | $132,105 | $25,351 |
| JANEL HINES | VP OF COMMUNITY IMPACT Highest-paid employee | 40 | $130,423 | $12,914 |
| JAQUELINE WARD | BOARD MEMBER Trustee or director | 1 | $0 | $500 |
| DAVE DRURY | BOARD MEMBER (END 6/24) Trustee or director | 1 | $0 | $0 |
| MARY ELLEN STANEK | CHAIR Trustee or director, Officer | 1 | $0 | $0 |
| PAUL JONES | CHAIR (END 6/24) Trustee or director, Officer | 1 | $0 | $0 |
17 more people on this return
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| GREGORY OBERLAND | VICE CHAIR Trustee or director | 1 | $0 |
| CECELIA GORE | BOARD MEMBER Trustee or director | 1 | $0 |
| CORY NETTLES | BOARD MEMBER (END 6/24) Trustee or director | 1 | $0 |
| MARIE O'BRIEN | BOARD MEMBER (END 6/24) Trustee or director | 1 | $0 |
| SUSAN ELA | BOARD MEMBER Trustee or director | 1 | $0 |
| PEDRO COLON | BOARD MEMBER Trustee or director | 1 | $0 |
| THOMAS FLORSHEIM | BOARD MEMBER Trustee or director | 1 | $0 |
| DEREK TYUS | BOARD MEMBER Trustee or director | 1 | $0 |
| NARYAN LEAZER | BOARD MEMBER Trustee or director | 1 | $0 |
| CRISTY GARCIA-THOMAS | BOARD MEMBER Trustee or director | 1 | $0 |
| BLAINE GIBSON | BOARD MEMBER Trustee or director | 1 | $0 |
| DAVID GAY | BOARD MEMBER (START 7/24) Trustee or director | 1 | $0 |
| REBECA LOPEZ | BOARD MEMBER (START 7/24) Trustee or director | 1 | $0 |
| DEREK MOSELY | BOARD MEMBER (START 1/24) Trustee or director | 1 | $0 |
| JIM SCHLEIF | BOARD MEMBER (START 1/24) Trustee or director | 1 | $0 |
| DEVONA WRIGHT-COTTREL | BOARD MEMBER (START 7/24) Trustee or director | 1 | $0 |
| GAIL YABUKI | BOARD MEMBER (START 1/24) Trustee or director | 1 | $0 |
990 for the year ended December 31, 2023: 26 people
| Name | Title | Hours / week | Compensation | Other / benefits |
|---|---|---|---|---|
| ELLEN GILLIGAN | PRESIDENT Officer | 40 | $324,970 | $57,748 |
| VINCENT LYLES | EXECUTIVE DIRECTOR Highest-paid employee | 40 | $198,567 | $38,168 |
| KEN ROBERTSON | SECRETARY/TREASURER Officer | 40 | $201,605 | $29,243 |
| KATHRYN DUNN | VP OF COMM. INVEST. Officer | 40 | $169,659 | $33,038 |
| MICHAEL HOFFMAN | VP OF HR Highest-paid employee | 40 | $136,131 | $37,734 |
| KRISTEN MEKEMSON | VP DEV/PHIL SERVICES Highest-paid employee | 40 | $141,808 | $29,861 |
| LAURA GLAWE | VP MARKETING Highest-paid employee | 40 | $127,685 | $37,792 |
| KENYATTA SINCLAIR | CHIEF DEI OFFICER Highest-paid employee | 40 | $132,951 | $28,542 |
| DAVE DRURY | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| MARY ELLEN STANEK | VICE CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| PAUL JONES | CHAIR Trustee or director, Officer | 0 | $0 | $0 |
| GREGORY OBERLAND | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| CECELIA GORE | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| CORY NETTLES | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| GREG MARCUS | BOARD MEMBER (END JUNE 2023) Trustee or director | 0 | $0 | $0 |
| MARIE O'BRIEN | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| SUSAN ELA | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| GREGORY WESLEY | BOARD MEMBER Trustee or director, Officer | 0 | $0 | $0 |
| PEDRO COLON | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| THOMAS FLORSHEIM | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| DARRYL MORIN | BOARD MEMBER (END JAN. 2023) Trustee or director | 0 | $0 | $0 |
| DEREK TYUS | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| NARYAN LEAZER | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
| CRISTY GARCIA-THOMAS | BOARD MEMBER (START JULY 2023) Trustee or director | 0 | $0 | $0 |
| BLAINE GIBSON | BOARD MEMBER (START JULY 2023) Trustee or director | 0 | $0 | $0 |
| JAQUELINE WARD | BOARD MEMBER Trustee or director | 0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2153 N DR MARTIN LUTHER KING JR DR, MILWAUKEE, WI 53212-3101
- In care of
- % YELENA CHESTER
- Principal officer (990 for 2024)
- YELENA CHESTER, 2153 N DR MARTIN LUTHER KING JR DR, MILWAUKEE, WI 53212
- Signed the 990
- YELENA CHESTER, TREASURER
- Phone
- (414) 275-5805
- Return prepared by
- KPMG LLP
Mission
INSPIRING PHILANTHROPY, SERVING DONORS, STRENGTHENING COMMUNITIES, NOW AND FOR FUTURE GENERATIONS.
Program accomplishments
- INSPIRING PHILANTHROPY, SERVING DONORS, STRENGHTHENING COMMUNITIES, NOW AND FOR FUTURE GENERATIONS.FOR OVER 100 YEARS, THE GREATER MILWAUKEE FOUNDATION HAS HELPED INDIVIDUALS AND FAMILIES COMMITTED TO PHILANTHROPY LEAVE A LEGACY, AND BUILD A STRONGER AND MORE VIBRANT COMMUNITY - NOW AND FOR FUTURE GENERATIONS. THANKS TO THE GENEROUS, ONGOING INVESTMENTS OUR DONORSMAKE, WE AS A COMMUNITY FOUNDATION ARE ABLE TO STRONGLY INFLUENCE AND IMPACT OUR REGION THROUGH OUR DISCRETIONARY GRANTMAKING.Expenses $73,645,002 · grants $67,837,198
What it must file and when
IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 39-6036407
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (170(b)(1)(A)(vi))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1942
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Philanthropy, voluntarism and grantmaking foundations (T310)
- Assets (IRS master file)
- $1,079,014,557
- Income (IRS master file)
- $310,951,828
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $85,176,235 | $85,506,672 | $1,079,014,557 | XML |
| 990-T | December 2024 | – | – | – | IRS |
| 990 | December 2023 | $78,030,106 | $65,430,598 | $1,005,749,724 | XML |
| 990-T | December 2023 | – | – | – | IRS |
| 990 | December 2022 | $87,591,185 | $89,876,571 | $894,352,035 | IRS |
| 990-T | December 2022 | – | – | – | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990-T | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990-T | December 2020 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-6036407).
Questions about GREATER MILWAUKEE FOUNDATION INC
- What is the EIN of GREATER MILWAUKEE FOUNDATION INC?
- The employer identification number (EIN) of GREATER MILWAUKEE FOUNDATION INC is 39-6036407.
- Is GREATER MILWAUKEE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1942.
- Are donations to GREATER MILWAUKEE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does GREATER MILWAUKEE FOUNDATION INC file?
- Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
- When is the next return of GREATER MILWAUKEE FOUNDATION INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did GREATER MILWAUKEE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of GREATER MILWAUKEE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 names YELENA CHESTER.
- Who are the officers and directors of GREATER MILWAUKEE FOUNDATION INC?
- The 990 for the year ended December 31, 2024 lists 32 people; 11 received compensation from the organization, the highest $280,968 (ELLEN GILLIGAN, PRESIDENT ( END 8/24)).
- How much revenue does GREATER MILWAUKEE FOUNDATION INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $85,176,235, expenses of $85,506,672 and total assets of $1,079,014,557 at year end.
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