Community Development : Community Foundations

Greater Milwaukee Foundation

Greater Together

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
  Financial 97.50
  Accountability & Transparency 96.00
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

97.50

Accountability & Transparency

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.
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

Charts

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

Mission

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.

Highly Rated

Charity Name & State Overall Score Overall Rating
Greater Milwaukee Foundation (WI) 96.66
The Denver Foundation (CO) 95.27
Greater Cincinnati Foundation (OH) 93.63
The Boston Foundation (MA) 95.38
Community Foundation for a Greater Richmond (VA) 90.28

Compare These Charities (Highly Rated)

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