• WisBusiness


Greater Milwaukee Foundation: Grants exceed $80 million in 2018
2/5/2019

Contact: Jeremy Podolski, Greater Milwaukee Foundation

jpodolski@greatermilwaukeefoundation.org  |  414.336.7048



Milwaukee, Wis. – Philanthropic support from the Greater Milwaukee Foundation totaled more than $80 million in 2018, with grants from Wisconsin’s largest community foundation supporting a vast range of nonprofit organizations and programs in the region and beyond.

 

Over the last five years, the community has benefitted from over $315 million in grants from the Foundation.

 

As they have for the last several years, community development efforts received the most grant funding. This is due in large part to the $100 million gift the Foundation has stewarded since 2014 on behalf of former Sen. Herb Kohl in support of the downtown arena project, now the Fiserv Forum. In 2018, about $30.5 million in charitable funds were directed toward that project. Arts and culture, followed by education, round out the top three areas of support.

 

Foundation grant support in 2018 by category, according to preliminary financial data:

 

Community development:     $38 million

Arts & culture:                               $8.93 million

Education:                                       $8.56 million

Human services:                           $6.91 million

Environment:                                $6.03 million

Child/Youth/Family:                 $4.24 million

Health:                                               $3.91 million

Other:                                                  $2.13 million

Employment & training:         $1.56 million

 

Grants issued by the Foundation include strategic and responsive investments authorized by the Board of Directors using discretionary resources, as well as grants and co-investments made through the funds of those who partner with the Foundation for their philanthropy.

 

GRANT DESCRIPTIONS: Learn about responsive and strategic grants awarded in 2018.

 

Last year, donors contributed more than $47 million in new gifts to and through the Foundation. As of Dec. 31, 2018, the Foundation’s assets totaled $833 million, based on preliminary figures.

 

“If you held a mirror up to the community, the picture would look a lot like the Foundation’s grantmaking,” said Ellen Gilligan, Foundation president and CEO. “In any given year, you can see the activities and aspirations of the community reflected in those programs and investments, and each year builds on the legacy of all those who have given generously throughout the last century to bring those aspirations to life.”


ADVERTISEMENT
ADVERTISEMENT

wisbusiness.com Social News

Follow Us

Site Sponsors

Copyright ©2019 WisBusiness.com All rights reserved. | WisOpinion.com | WisPolitics.com  |  Website development by wisnet.com LLC  | Website design by Makiní Hey Communications