Public Charity

MILWAUKEE CENTER FOR INDEPENDENCE FOUNDATION INC

MILWAUKEE CENTER FOR INDEPENDENCE FOUNDATION INC, of MILWAUKEE, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $163K in revenue, $235K in expenses, $104.3M in total assets. IRS filings disclose 8 grants awarded by this foundation, totaling roughly $3.0M.

EIN: 472334925 MILWAUKEE, WI Fund Raising & Fund Distribution NTEE: T12 Latest filing: 2024
Total Revenue$163K
Total Expenses$235K
Total Assets$104.3M
Grants Given8
Grant Total$3.0M
Filing Years2020–2024

Mission

THE MILWAUKEE CENTER FOR INDEPENDENCE FOUNDATION, INC. (FOUNDATION) CONTRIBUTES TO ITS AFFILIATED ORGANIZATIONS THROUGH FUNDRAISING FOR OPERATIONS AND CAPITAL NEEDS.

Where $100 goes at Milwaukee Center for Independence Foundation Inc

How Milwaukee Center for Independence Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 6 years.

$97 Programs the work itself
$3 Management running the organization
$0 Fundraising none reported

No fundraising costs are reported. That often means fundraising runs through a separate affiliated organization that files its own return.

Inside the $97 for programs

$97
The foundation is responsible to help grow and sustain its affiliated organizations financially, and to communicate the agency's mission through supportive relationships with donors, foundations, and corporations, and…
All program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2024. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Sample Grants Given

MILWAUKEE, WI · 2024
OPERATIONAL SUPPORT TO PROGRAMS
$154,554
Milwaukee, WI · 2023
Operational support to various programs
$948,939
Milwaukee, WI · 2022
Operational support to various programs
$334,325
Milwaukee, WI · 2021
Operational support to various programs
$471,867
Milwaukee, WI · 2020
Operational support of various programs
$876,914

Showing up to 5 of 8 total records — full history available with membership.

Officers & Directors

DIRECTOR Betters Bruce
DIRECTOR Cain Morris
PRESIDENT/CEO Elsmo Leif Sverre
CFO/TREASURER Fassett Bridget Thru 121824
CHAIRPERSON Neely Dan
DIRECTOR Voigtman Tim

Officer compensation and complete director data available with membership.

Top Grant Purposes

General Support
$2,978,787 7 grants

Financial Trends

Year Revenue Expenses Assets
2024 $163K $235K $104.3M
2023 $14.4M $952K $91.9M
2022 $15.0M $339K $64.6M
2021 $46.5M $511K $61.3M
2020 $9.0M $879K $8.4M

Between 2020 and 2024, reported annual revenue declined from $9.0M to $163K (-98%), with total assets most recently reported at $104.3M.

Interactive year-over-year charts and full filing details available with membership.

Grant Geography

Grants from this foundation were reported to recipients in WI.

WI

Full geographic grant map with state-by-state breakdown available with membership.

See the full picture for MILWAUKEE CENTER FOR INDEPENDENCE FOUNDATION INC

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