Mission
THE MILWAUKEE CENTER FOR INDEPENDENCE FOUNDATION, INC. (FOUNDATION) CONTRIBUTES TO ITS AFFILIATED ORGANIZATIONS THROUGH FUNDRAISING FOR OPERATIONS AND CAPITAL NEEDS.
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
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…
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
OPERATIONAL SUPPORT TO PROGRAMS
$154,554
Operational support to various programs
$948,939
Operational support to various programs
$334,325
Operational support to various programs
$471,867
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
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.