Public Charity

WHEDA FOUNDATION INC

Based in Madison, WI, WHEDA FOUNDATION INC operates as a Public Charity. The organization reported $2.0M in revenue, $2.5M in expenses, $2.9M in total assets for fiscal year 2025. Imperigo tracks 191 reported grants from this foundation totaling approximately $7.1M.

EIN: 391464540 Madison, WI Fund Raising & Fund Distribution NTEE: L12 Latest filing: 2025
Total Revenue$2.0M
Total Expenses$2.5M
Total Assets$2.9M
Grants Given191
Grant Total$7.1M
Filing Years2022–2025

Mission

The WHEDA Foundation Inc and WHEDA make grant funds available annually through a Housing Grants competition. The program's mission is to assist in the state's housing for the special needs population. The WHEDA foundation will also pay fees for some single family borrowers. The WHEDA foundation will also pay for homebuyer education.

Where $100 goes at Wheda Foundation Inc

How Wheda Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 4 years.

$100 Programs the work itself
<$1 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 $100 for programs

$93
Persons-in-crisis
93% of program spending · Reported in the filing: 59 grants; 28 grants; 31 grants
$4
Robert Wood Johnson Foundation award to be used to pay for single family funding fees, 18 loans have been underwritten in fiscal 2025
4% of program spending · Reported in the filing: 18 loans
$3
Blue Heron grant is used for homebuyer education fund have been provided to two organizations
3% of program spending
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Before you apply to Wheda Foundation Inc

Often funds new orgs 54% of recent recipients were first-time grantees (2022–2024).

Who to contact, what to include, deadlines, typical grant size and geographic focus are available with membership.

Officers & Directors

President/Director Elmer Moore
Director Kathryn Dunn
Director Melissa Baxter
Secretary/Treasurer/Director Sherry L Gerondale

Officer compensation and complete director data available with membership.

Top Grant Purposes

Housing & Homelessness
$3,431,760 98 grants
Education
$65,842 2 grants
Unspecified
$3,567,337 91 grants

Financial Trends

Year Revenue Expenses Assets
2025 $2.0M $2.5M $2.9M
2024 $2.5M $1.7M $3.8M
2023 $2.1M $2.0M $1.2M
2022 $1.0M $1.0M $1.0M

Between 2022 and 2025, reported annual revenue grew from $1.0M to $2.0M (+100%), with total assets most recently reported at $2.9M.

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

Grant Geography

Grants from this foundation were reported to recipients in IL, WI.

ILWI

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

See the full picture for WHEDA FOUNDATION INC

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