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Community Development : Community Foundations

Greater Milwaukee Foundation

Greater Together

four stars

96.66

101 West Pleasant Street Suite 210
Milwaukee, WI 53212
tel: (414) 272-5805   Web Site
EIN: 39-6036407

Board Leadership
Jacqueline Herd-Barber
Board Chair

CEO
Ellen M. Gilligan
President, CEO

  Score
(out of 100)
Rating
Overall Score & Rating 96.66 four stars
  Financial 97.50 four stars
  Accountability & Transparency 96.00 four stars
This rating was published 07/01/2020 and includes data from FY2018, the most recent 990 received at that time.

The Greater Milwaukee Foundation is Wisconsin's largest community foundation and was among the first established in the world. For more than a century, the Foundation has been at the heart of the civic community, helping donors achieve the greatest philanthropic impact, elevating the work of changemakers across neighborhoods, and bringing people and organizations together to help our region thrive. Racial equity is the Foundation's North Star, guiding its investments and strategies for social and economic change. Leveraging generations of community knowledge, cross-sector partnerships and more than $1 billion in financial assets, the Foundation is committed to reimagining philanthropy, recentering communities and remaking systems to transform our region into a Milwaukee for all.

The Greater Milwaukee Foundation is Wisconsin's largest community foundation and was among the first established in the world. For more than a century, the Foundation has been at the heart of the civic community, helping donors achieve the greatest philanthropic impact, elevating the work of changemakers across neighborhoods, and bringing people and organizations together to help our region thrive. Racial equity is the Foundation's North Star, guiding its investments and strategies for social and economic change. Leveraging generations of community knowledge, cross-sector partnerships and more than $1 billion in financial assets, the Foundation is committed to reimagining philanthropy, recentering communities and remaking systems to transform our region into a Milwaukee for all.

Financial

four stars

97.50

Accountability & Transparency

four stars

96.00

This rating was published 07/01/2020 and includes data from FY2018, the most recent 990 received at that time.
Overall Rating Chart
  Program Expenses
(Percent of the charity's total expenses spent on the programs
and services it delivers)
92.9%
  Administrative Expenses 4.9%
  Fundraising Expenses 2.0%
  Fundraising Efficiency $0.04
  Working Capital Ratio (years) 8.50
  Program Expenses Growth 20.9%
  Liabilities to Assets 2.5%
All data for Financial Performance Metrics calculations was provided by Greater Milwaukee Foundation on recent 990s filed with the IRS.
All data for Financial Performance Metrics calculations was provided by Greater Milwaukee Foundation on recent 990s filed with the IRS.

Highly Rated

Charity Name & State Overall Score Overall Rating
Greater Milwaukee Foundation (WI) 96.66 four stars
North Georgia Community Foundation (GA) 100.00 four stars
Muskingum County Community Foundation (OH) 90.57 four stars
Hawaii Community Foundation (HI) 92.98 four stars
Community Foundation of Tampa Bay (FL) 95.72 four stars

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REVENUE  
Contributions  
   Contributions, Gifts & Grants $41,960,428
   Federated Campaigns $0
   Membership Dues $0
   Fundraising Events $0
   Related Organizations $263,850
   Government Grants $0
Total Contributions $42,224,278
   Program Service Revenue $0
Total Primary Revenue $42,224,278
   Other Revenue $51,105,433
TOTAL REVENUE $93,329,711
   
EXPENSES  
   Program Expenses $80,064,949
   Administrative Expenses $4,457,673
   Fundraising Expenses $1,835,054
TOTAL FUNCTIONAL EXPENSES $86,357,676
   
Payments to Affiliates $0
Excess (or Deficit) for the year $6,972,035
   
Net Assets $723,694,171

Program names and associated costs are listed for the top programs as reported on the charity's most recently filed Form 990. The top programs displayed will include the largest three programs, or those programs covering at least 60% of the charity's total expenses, whichever comes first.

Due to an error on this organization's Form 990, we are unable to display program information.

Ratings History
Greater Milwaukee Foundation has received 6 consecutive 4-star ratings from Charity Navigator.

Form 990 FYE Date Published Overall Score Overall Rating
CN 2.1
2018-12 07/01/2020 96.66 four stars
2017-12 07/01/2019 96.66 four stars
2016-12 05/01/2018 97.13 four stars
2015-12 04/01/2017 97.10 four stars
2014-12 06/01/2016 96.58 four stars
 
CN 2.0
2014-12 03/01/2016 96.48 four stars
2013-12 08/01/2015 96.19 four stars
2012-12 10/01/2014 88.42 three stars
2012-12 05/01/2014 88.08 three stars
2011-12 04/01/2013 89.08 three stars
2010-12 04/01/2012 85.70 three stars
2009-12 09/20/2011 92.65 four stars
 
CN 1.0
2009-12 05/01/2011 86.97 three stars
2008-12 06/01/2010 96.36 four stars
2007-12 02/01/2009 91.44 four stars
2006-12 12/01/2007 90.85 four stars
2005-12 12/01/2006 86.16 three stars
2004-12 12/01/2005 85.42 three stars
2003-12 10/01/2004 93.72 four stars
2002-12 10/01/2003 96.33 four stars

The data displayed on this tab is provided by the IRS in the form of Publication 78 and the Business Master File (BMF).

EIN 39-6036407
Name in IRS Master File GREATER MILWAUKEE FOUNDATION INC
NTEE Code T31
NTEE Classification Community Foundations
NTEE Type Philanthropy, Voluntarism and Grantmaking Foundations
Classification Charitable Organization
Subsection 501(c)(3)  (View the list of codes)
Activities (30) School, college, trade school, etc.
(29) Other religious activities
(40) Scholarships (other)
Foundation Status Organization which receives a substantial part of its support from a governmental unit or the general public   170(b)(1)(A)(vi)
Deductibility Contributions are deductible
Affiliation Independent - the organization is an independent organization or an independent auxiliary (i.e., not affiliated with a National, Regional, or Geographic grouping of organizations).
Group Name [Not Applicable]
Ruling Date October, 1942
Filing Requirement 990 (all other) or 990EZ return
Fiscal Year End December
IRS Forms 990
(provided courtesy of Foundation Center)
(Log In or Register Now to View Forms 990!)
  • December, 2017
  • December, 2016
  • December, 2015
  • December, 2014
  • December, 2013
Compensation % of Expenses Paid to Title
$310,729 0.35% Ellen Gilligan President
Other Salaries of Note
$174,995 0.20% Danae Davis Executive Director

Highly Rated

Charity Name & State Overall Score Overall Rating
Greater Milwaukee Foundation (WI) 96.66 four stars
The Columbus Foundation (OH) 95.05 four stars
Community Foundation of Tampa Bay (FL) 95.72 four stars
Arlington Community Foundation (VA) 93.32 four stars
Austin Community Foundation (TX) 96.42 four stars

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This charity has an official representative registered with Charity Navigator.

Charity Contact Info

Greater Milwaukee Foundation
101 West Pleasant Street
Suite 210
Milwaukee, WI 53212
tel: (414) 272-5805
fax: (414) 272-6235
EIN: 39-6036407

Visit Web Site

Board Leadership

Jacqueline Herd-Barber
Board Chair

CEO

Ellen M. Gilligan
President, CEO

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