Public Charity

BRIGHTSTAR WISCONSIN FOUNDATION INC

BRIGHTSTAR WISCONSIN FOUNDATION INC, of MILWAUKEE, WI, is a Public Charity tracked in Imperigo's IRS 990 database. The 2024 filing shows $268K in revenue, $344K in expenses, $9.7M in total assets. 19 publicly reported grants to this organization, totaling roughly $340K, appear in IRS filings.

EIN: 901001588 MILWAUKEE, WI Latest filing: 2024
Total Revenue$268K
Total Expenses$344K
Total Assets$9.7M
Grant Records19
Funding Total$340K
Filing Years2020–2024

Mission

BRIGHTSTAR WISCONSIN FOUNDATION ACCEPTS CHARITABLE DONATIONS AS A 501(C)(3) ORGANIZATION AND USES THEM TO TAKE CONVERTIBLE DEBT AND EQUITY POSITIONS IN FOR-PROFIT EARLY-STAGE COMPANIES THAT CREATE JOBS IN WISCONSIN. EARNINGS AND RETURN OF PROCEEDS OF INVESTMENTS WILL BE REINVESTED IN OTHER FOR-PROFIT EARLY-STAGE COMPANIES THAT CREATE JOBS.

Officers & Directors

DIRECTOR Adam Berger
DIRECTOR Andy Shrago
SECRETARY Anthony Handzlik
TREASURER Daniel Matola
DIRECTOR Dan Shannon
VICE PRESIDENT Fred Raasch

Officer compensation and complete director data available with membership.

Top Grant Purposes

PUBLIC, SOCIETAL BENEFIT
$160,001 8 grants
HUMAN SERVICES
$70,001 4 grants
SOCIAL SERVICES/SOCIAL BENEFITS
$20,000 1 grant
THE FILM FUND
$20,000 1 grant
SUSTAINING SUPPORT
$20,000 1 grant

Financial Trends

Year Revenue Expenses Assets
2024 $268K $344K $9.7M
2023 $62K $437K $9.8M
2022 $95K $382K $10.2M
2021 $2.0M $668K $10.6M
2020 $1.4M $160K $9.3M

Between 2020 and 2024, reported annual revenue declined from $1.4M to $268K (-80%), with total assets most recently reported at $9.7M.

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

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