Public Charity

THE MORGRIDGE INSTITUTE FOUNDATION INC

THE MORGRIDGE INSTITUTE FOUNDATION INC, of MADISON, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $84.9M in revenue, $24.7M in expenses, $597.6M in total assets. 7 publicly reported grants to this organization, totaling roughly $418.3M, appear in IRS filings.

EIN: 822760376 MADISON, WI Single Organization Support NTEE: H11 Latest filing: 2025
Total Revenue$84.9M
Total Expenses$24.7M
Total Assets$597.6M
Grant Records7
Funding Total$418.3M
Filing Years2020–2025

Mission

THE MORGRIDGE INSTITUTE FOUNDATION OPERATES EXCLUSIVELY FOR THE BENEFIT OF THE MORGRIDGE INSTITUTE FOR RESEARCH, INC., A TAX-EXEMPT 501(C)3 MEDICAL RESEARCH ORGANIZATION AFFILIATED WITH THE UNIVERSITY OF WISCONSIN - MADISON.THE FOUNDATION ADMINISTERS GIFTS, GRANTS, BEQUESTS, AND DEVISES TO PROMOTE, ENCOURAGE, AND AID THE MISSION AND VISION OF THE INSTITUTE, WHICH IS TO SOLVE MAJOR CHALLENGES TO HUMAN HEALTH BY CONDUCTING, ENABLING, AND TRANSLATING INNOVATIVE, INTERDISCIPLINARY BIOMEDICAL RESEARCH IN PARTNERSHIP WITH THE UNIVERSITY OF WISCONSIN - MADISON AND OTHERS, BY LEVERAGING OUR COLLECTIVE STRENGTH IN RESEARCH.

Where $100 goes at The Morgridge Institute Foundation Inc

How The Morgridge Institute Foundation Inc divides every $100 it spends, from its own Form 990 filings, averaged across 7 years.

$85 Programs the work itself
$15 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 $85 for programs

$85
The foundation's mission is to support the morgridge institute for research, inc
All 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.

Sample Grants Received

2024
For grant recipient's exempt purposes
$24,750
2024
HUMAN SERVICES
$22,500
2023
For grant recipient's exempt purposes
$28,500

Showing up to 5 of 7 total records — full history available with membership.

Officers & Directors

CEO/TRUSTEE Brad Schwartz
CHIEF COMMUNICATIONS OFF./SECRETARY Brian Mattmiller
TRUSTEE Eric Morgridge
TRUSTEE Erik Iverson
TRUSTEE/VICE CHAIR Fred Robertson
TRUSTEE Gregg Fergus

Officer compensation and complete director data available with membership.

Top Grant Purposes

Education
$343,171,234 1 grant
General Support
$75,094,750 5 grants
Human & Social Services
$22,500 1 grant

Financial Trends

Year Revenue Expenses Assets
2025 $84.9M $24.7M $597.6M
2024 $44.2M $21.8M $520.5M
2023 $255K $16.5M $474.1M
2021 $74.9M $15.5M $491.3M
2020 $22.7M $17.2M $372.9M

Between 2020 and 2025, reported annual revenue grew from $22.7M to $84.9M (+273%), with total assets most recently reported at $597.6M.

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

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