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Madison Investments Foundation Inc at a glance

· Private foundation

Madison Investments Foundation Inc

Its FY2024 filing reports that it accepted unsolicited grant applications.

$111k
Granted FY2024still arriving
39
Grants FY2024still arriving
7
States reached
$10k
Largest
01What it fundsRead
02The needRead
03Its granteesRead
04Its fieldRead
05Through PlinthRead
01What it funds
01100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2019 to 2024.

Health$121kArts & Culture$78kEmployment$72kFood & Nutrition$66kHuman Services$62kPhilanthropy$61kEducation$55kCrime & Legal$41kOther$0
02FY2024 · 39 grants

Where the money goes

Grants by size, and the largest recipients.

By grant size · FY2024

  • Under $10k35 grants · $71k
  • $10k–50k4 grants · $40k
$1,000
Median grant
7
States reached
$416k
Total assets
Largest grants
RecipientAmount
GOODMAN COMMUNITY CENTER$10,080
HEART OF THE BRAIN$10,000
CHILDREN'S THEATER OF MADISON$10,000
THE PLAYING FIELD$10,000
THEA'S TABLE CO THE RIVER FOOD PANTRY$9,000
GOODWILL OF SOUTH CENTRAL WISCONSIN$9,000
URBAN TRIAGE$7,000
LITERACY NETWORK$7,000
STATEMENT ARTS$3,600
UNIVERSITY OF WISCONSIN FOUNDATION$3,500
KVC HEALTH SYSTEMS INC$2,500
MADISON PUBLIC SCHOOL FOUNDATION$2,500
WAYFORWARD RESOURCES$2,000
Individual grant recipient$2,000
BLACKHAWK SKI CLUB$1,500
02The need
03

Does the money reach high-need areas?

Each grant placed by the hardship in its grantee’s ZIP, against the area’s typical level.

show:

Its human-services grants (FY19–24, $57k) land where the poverty rate runs at 10%, against an area that typically sits at 10%. 100% of those dollars go to grantees based in above-average-need neighborhoods. Most of its grants land in higher-need ZIPs.

area typical 10%BAY VIEW COMMUNITY CENTER: $1k → 17%DOMESTIC ABUSE INTERVENTION SERVICES: $16k → 10%GOODMAN COMMUNITY CENTER: $10k → 10%GOODMAN COMMUNITY CENTER: $10k → 10%GOODMAN COMMUNITY CENTER: $2k → 10%GOODMAN COMMUNITY CENTER: $1k → 10%MENTORING POSITIVES: $1k → 10%GOODMAN COMMUNITY CENTER: $1k → 10%CHILDREN'S COMMUNITY SCHOOL: $2k → 10%THE ROAD HOME: $500 → 10%WAUNAKEE NEIGHBORHOOD CONNECTION: $1k → 10%ORION FAMILY SERVICES: $1k → 10%MIDDLETON OUTREACH MINISTRY: $3k → 10%MIDDLETON OUTREACH MINISTRY: $2k → 10%WAYFORWARD RESOURCES: $2k → 10%MIDDLETON OUTREACH MINISTRY: $2k → 10%MIDDLETON OUTREACH MINISTRY: $1k → 10%GILDA'S CLUB MADISON: $1k → 10%GILDA'S CLUB MADISON: $500 → 10%GILDA'S CLUB MADISON: $300 → 10%0%20%40%50%more need →
grant to an above-average-need area below average· circle size = grant amount
How this is measured
Matched: human-services grants are those whose grantee’s IRS cause code is Human Services. Placed by people below the poverty line in the grantee’s ZIP, averaged from the tracts in that ZIP.

Which US states its grants reach

NH
WA
MT
IL
WI
MI
NY
IA
CA
CO
MO
VA
MD
KS
TN
AL
GA
TX
FL
How this is measured
US grants placed by each grantee’s ZIP, which can differ from where services are delivered. Need from public data (U.S. Census/ACS, CDC PLACES, Eviction Lab, USDA), shown as context about the area, never attributed to the funder’s giving.
03Its grantees
repeat funding

Who it funds again

Organizations funded in more than one year, against those funded once.

84%of every dollar goes to organizations it has funded before.
$509k · 42 repeat orgs$97k to everyone else

Grantees it renews have grown median revenue +61% since the first grant, against +18% for those funded once.

42 repeat relationships: 22 still active in FY2024, 20 since wound down; 17 grantees were first funded in FY2024 (too recent to call).

How the two cohorts compare

Re-uppedFunded once

Organizations

42
51

Total granted

$509k
$69k

Median revenue growth · since first grant

+61%
+18%

Still filing today

69%
63%

New vs renewed · share of each year

In FY2024, 74% of grant dollars renewed an existing relationship; $29k went to new ones.

50%100%’19’20’21’22’23’24
RenewedFirst-time

Where new relationships form · theme of each grantee’s first grant

’19’20’21’22’23’24
EducationHealthHuman ServicesArts & CultureYouth DevelopmentInternationalOther
How this is measured
First-time means a grantee’s first year in the filing window; renewed means funded in an earlier year too. The renewed share climbs naturally as a portfolio matures, so the signal is a year that bucks it (a wave of new grantees). The earliest year is left-censored: relationships that predate the data read as new. Theme is the grantee’s IRS cause.

Backed again, and grew

  • UW
    UNITED WAY OF DANE COUNTY FOUNDATION INC
    4× · 2019–2022 · $45k · revenue +290%
  • SH
    SAFE HARBOR CHILD ADVOCACY CENTER INC
    5× · 2019–2023 · $41k · revenue +175%
  • OL
    OUR LADY OF HOPE CLINIC INC
    6× · 2019–2024 · $39k · revenue +135%

Funded once

  • DA
    DOMESTIC ABUSE INTERVENTION SERVICES INCgraduated
    one grant, 2019 · $16k · revenue +47%
  • AD
    ADVENTIST DEVELOPMENT & RELIEF AGENCY INTERNATIONAL
    one grant, 2022 · $8k · revenue -37%
  • DC
    DISTRICT COUNCIL OF MADISON INC SOCIETY OF ST VINCENT DE PAUL
    one grant, 2022 · $4k
How this is measured

Repeat means funded in two or more distinct years. Growth and survival are read from each grantee’s own subsequent IRS filings.

04Its field

Closest unfunded matches

The nonprofits that most resemble its grantees but are not funded by it, scored along the direction from the rest of the field toward the portfolio. A resemblance in what they say they do, not a recommendation.

1
Midwest Dairy Association

Midwest dairy works with others to give consumers an excellent dairy experience increasing sales, fostering innovation, and inspiring consumer confidence of dairy products and practices.

—
2
Disability Rights Wisconsin Inc

Legal protection and advocacy to protect the rights of people with disabilities in wisconsin.

—
3
United Way of Dane County Inc

Unite the community to achieve measurable results that change lives.

—
4
Pathways of Wisconsin Inc

Pathways of wisconsin provides supported employment opportunities and empowerment through quality, person-centered programming for individuals of all abilities.

Human Services
5
Wisconsin Policy Forum Inc

We conduct impartial public policy research and analysis to drive informed debate and effective decision-making in the state of wisconsin.

Public Benefit
6
Madison Professional Police Officers Association Inc

The madison professional police officers association represents law enforcement professionals who serve the city of madison, wisconsin, as either police officers, detectives, investigators, or sergeants.

—
7
Innovative Services Inc

Innovative services, inc. (isi) cares for those with disabilities, helping them lead fulfilling lives with maximum independence. innovative's vision is to be the most trusted care provider for people with disabilities in wisconsin.

Human Services
8
Goodwill Industries of South Central Wisconsin Inc

Goodwill of south central wisconsin's mission is to help people in our community to live, work and thrive through housing, employment and supportive services. see schedule o for continuationsupported employment and job skills training are…

Employment
9
Madison Development Corporation

Madison development corporation (mdc)'s mission is to help create jobs by providing gap financing to small businesses and to develop and finance quality, affordable workforce housing units in madison and the dane county area.

Community Improvement
10
The Wisconsin Partnership for Housing Development Inc

The partnership is committed to housing for everyone because it's essential for building healthy communities. we build effective public-private partnerships to expand access to affordable housing options. we do this by directly developing…

Recreation & Sports
11
Wisconsin Family Ties Inc

Wisconsin family ties changes lives by improving children's mental health. it accomplishes this mission through a set of interrelated activities that support and educate parents, and inform practitioners, policy makers and the public about…

—
12
Community Care Health Plan Inc

Community care health plan's mission is to develop and demonstrate innovative, flexible, community-based approaches to care for at-risk adults, in order to optimize their quality of life and optimize the allocation of community resources.

Health
How this is measured
The grantee most central to the portfolio’s shape is Bay View Community Center of Milwaukee Inc; the most unlike its peers is Desert Veterans of Wisconsin Inc. Resemblance is measured on each organization’s own IRS 990 mission text; it reflects how work is described, not its quality or impact.
04the grantee network

75 grantees tracked through their own filings, 2017–2025.

Each grant beside the grantee’s revenue from every source, year by year.

How this is measured

Counted here: distinct organizations funded across 2017 to 2025, not grant rows in a single year, so this will not match the grant count on the cover. 75 of the 111 grantees resolved in that span have returns of their own we could reconcile.

Each grantee is resolved to its own IRS returns. Association, dated; never a causal claim.

0
Load-bearing (≥25% of a budget)
19
Early backer (in before they grew)
73/75
Grantees still filing
55/75
Grew since first funded

Where the money sits, by cause and then by grantee

HEART OF THE BRAIN: $60,000 · OtherHEART OF THE BRAINIndividual grant recipient: $45,000 · OtherIndividual grant recipientUNITED WAY OF DANE COUNTY FOUNDATION INC: $44,500 · OtherUNITED WAY OF DANE COUNTY FOUNDATION INCTHEA'S TABLE CO THE RIVER FOOD PANTRY: $41,000 · OtherTHEA'S TABLE CO THE RIVER FOOD PANTRYGOODWILL OF SOUTH CENTRAL WISCONSIN: $18,000 · OtherGOODWILL OF SOUTH CENTRAL WISCONSINCHILDREN'S THEATER OF MADISON INC: $17,000 · Other+65 more: $111,565 · Other+65 moreIRWIN A AND ROBERT D GOODMAN COMMUNITY CENTER INC: $23,620 · Human ServicesIRWIN A AN…DOMESTIC ABUSE INTERVENTION SERVICES INC: $16,000 · Human ServicesDOMESTIC A…WAYFORWARD RESOURCES INC: $9,900 · Human ServicesWAYFORWARD…+7 more: $7,800 · Human Services+7 moreOUR LADY OF HOPE CLINIC INC: $38,500 · HealthOUR LADY O…WISCONSIN COUNCIL OF THE BLIND AND VISUA: $5,000 · HealthWISCONSIN …RONALD MCDONALD HOUSE CHARITIES OF MADISON INC: $3,318 · HealthRONALD MCD…KVC HEALTH SYSTEMS INC: $2,500 · HealthWARRIORS & QUIET WATERS FOUNDATION INC: $2,000 · Health+6 more: $4,750 · Health+6 moreCOMMUNITY WORK SERVICES INC: $33,000 · EmploymentCOMMUNITY …OPERATION FRESH START INC: $21,000 · EmploymentOPERATION …THE PLAYING FIELD INC: $20,000 · EducationTHE PLAYI…MADISON PUBLIC SCHOOLS FOUNDATION INC: $10,000 · EducationMADISON P…LITERACY NETWORK INC: $8,500 · EducationLITERACY …UNIVERSITY OF WISCONSIN FOUNDATION: $3,500 · EducationUNIVERSIT…+8 more: $7,370 · Education+8 moreSAFE HARBOR CHILD ADVOCACY CENTER INC: $41,000 · Crime & Legal+1 more: $1,000 · Crime & LegalURBAN TRIAGE INCORPORATED: $7,000 · PhilanthropyEd Nebbins Foundation Inc: $4,000 · PhilanthropyCOMMUNITY FOUNDATION BOULDER COUNTY: $1,500 · Philanthropy
Other$337,065Human Services$57,320Health$56,068Employment$54,000Education$49,370Crime & Legal$42,000Philanthropy$12,500

Each grantee by its size and the funder’s share of it; top left is load-bearing

25%50%75%100%$100k$1.0M$10M$100Mgrantee revenue →↑ funder's share of their budgetUNITED WAY OF DANE COUNTY FOUNDATION INC: $44,500 over 4y, 1.2% of budgetSAFE HARBOR CHILD ADVOCACY CENTER INC: $41,000 over 5y, 1.2% of budgetOUR LADY OF HOPE CLINIC INC: $38,500 over 6y, 1.8% of budgetCOMMUNITY WORK SERVICES INC: $33,000 over 4y, 0.7% of budgetIRWIN A AND ROBERT D GOODMAN COMMUNITY CENTER INC: $23,620 over 5y, 0.1% of budgetOPERATION FRESH START INC: $21,000 over 4y, 0.3% of budgetTHE PLAYING FIELD INC: $20,000 over 2y, 0.3% of budgetCHILDREN'S THEATER OF MADISON INC: $17,000 over 2y, 0.3% of budgetDOMESTIC ABUSE INTERVENTION SERVICES INC: $16,000 over 1y, 0.6% of budgetSECOND HARVEST FOODBANK OF SOUTHERN WI: $10,950 over 2y, 0.0% of budgetMADISON PUBLIC SCHOOLS FOUNDATION INC: $10,000 over 4y, 0.1% of budgetWAYFORWARD RESOURCES INC: $9,900 over 5y, 0.1% of budgetPORCHLIGHT INC: $9,500 over 2y, 0.1% of budgetLITERACY NETWORK INC: $8,500 over 3y, 0.3% of budgetADVENTIST DEVELOPMENT & RELIEF AGENCY INTERNATIONAL: $7,500 over 1y, 0.0% of budgetURBAN TRIAGE INCORPORATED: $7,000 over 1y, 0.2% of budgetWISCONSIN COUNCIL OF THE BLIND AND VISUA: $5,000 over 5y, 0.1% of budgetCIVIL AIR PATROL INC: $4,500 over 4y, 0.0% of budgetEd Nebbins Foundation Inc: $4,000 over 4y, 0.6% of budgetSTATEMENT ARTS INC: $3,600 over 1y, 0.9% of budgetMADISON READING PROJECT INC: $3,500 over 3y, 0.2% of budgetUNIVERSITY OF WISCONSIN FOUNDATION: $3,500 over 1y, 0.0% of budgetRONALD MCDONALD HOUSE CHARITIES OF MADISON INC: $3,318 over 3y, 0.1% of budgetWISCONSIN PUBLIC RADIO ASSOCIATION INC: $3,000 over 3y, 0.0% of budgetKIDS FROM WISCONSIN LTD: $2,500 over 3y, 0.2% of budgetKVC HEALTH SYSTEMS INC: $2,500 over 1y, 0.0% of budgetWARRIORS & QUIET WATERS FOUNDATION INC: $2,000 over 3y, 0.0% of budgetBlackhawk Ski Club: $1,850 over 2y, 0.3% of budgetGILDA'S CLUB MADISON WISCONSIN INC: $1,800 over 3y, 0.1% of budgetACTS COMMUNITY DEVELOPMENT CORPORATION: $1,600 over 3y, 0.0% of budgetCHILDREN'S COMMUNITY SCHOOL INC: $1,500 over 1y, 0.1% of budgetBADGERBOTS ROBOTICS CORPORATION: $1,500 over 1y, 0.5% of budgetFELLER SCHOOL INC: $1,500 over 2y, 0.5% of budgetCOMMUNITY FOUNDATION BOULDER COUNTY: $1,500 over 1y, 0.0% of budgetLUKE HOUSE INC: $1,400 over 2y, 0.6% of budgetLA CAUSA INC: $1,370 over 3y, 0.0% of budgetMAYDM INC: $1,050 over 1y, 0.2% of budgetORION FAMILY SERVICES INC: $1,000 over 1y, 0.0% of budgetMentoring Positives Inc: $1,000 over 1y, 0.3% of budgetALZHEIMER'S & DEMENTIA ALLIANCE OF WI INC: $1,000 over 2y, 0.0% of budgetUNITED CEREBRAL PALSY OF GREATER DANE COUNTY INC: $1,000 over 1y, 0.0% of budgetWEA MEMBER BENEFITS FOUNDATION INC: $1,000 over 1y, 0.4% of budgetAMERICAN PARKINSON DISEASE ASSOC: $1,000 over 1y, 0.0% of budgetWISCONSIN CHAMBER ORCHESTRA INC: $1,000 over 1y, 0.0% of budgetTHE RIVER FOOD PANTRY INC: $1,000 over 1y, 0.0% of budgetWaunakee Neighborhood Connection: $1,000 over 1y, 0.3% of budgetBIKES FOR KIDS WISCONSIN INC: $1,000 over 1y, 0.4% of budgetURBAN LEAGUE OF GREATER MADISON INC: $1,000 over 1y, 0.0% of budget
Grantee by grantee: a decade per organization, before and after funding

A decade per grantee: revenue shaded, grants as bars, all rows on one timeline.

Co-funders

Grantmakers whose grantees overlap with this funder’s far more than size alone predicts. Closer means stronger alignment; arcs show where they also fund each other. Here they form a tightly interlocked group: most of these funders back each other's grantees too.

Madison Community Fou…Madison Gas and Elect…The Evjue Foundation …Green Bay Packers Fou…Alliant Energy Founda…Endres Manufacturing …United Way of Dane Co…Trustage Foundation I…The Roots and Wings F…Herbert H Kohl Charit…Veridian Foundation I…Madison Rotary Founda…
Madison Community FoundationWI66.7× affinity31 shared granteesties to 11 of 11Hover any node to trace its alignments.Compare side by side →

Open a dossier: Madison Community Foundation · Madison Gas and Electric Foundation Inc · The Evjue Foundation Inc · Green Bay Packers Foundation · Alliant Energy Foundation Inc · Endres Manufacturing Foundation Inc · United Way of Dane County Inc · Trustage Foundation Inc · The Roots and Wings Foundation Inc · Herbert H Kohl Charities Inc · Veridian Foundation Inc · Madison Rotary Foundation

How this is measured
Affinity is a Gamma-Poisson posterior co-funding rate, re-centered on the typical rate, so thin evidence shrinks toward no signal. Overlap is association, not proof of shared intent.

How much its grantees rely on government

Each dot is one organization Madison Investments Foundation Inc funds: left to right is the share of its income from government, bottom to top the share from Madison Investments Foundation Inc. Bigger dots raise more.

2024
’20’21’22’23’24’25
no gov · 10%0%1%3%5%funder's share of their income ↑0%25%50%75%100%share of the org’s income from government →median 35%
  • Adventist Development & Relief Agency International: 35% of income from government
no gov moneyreceives it· size = income
1get no government money at all
23report government grants on their 990 we could not trace to a source (not plotted)
0rely on government for over half their income
typical government reliance, FY20–25
How this is measured
Government income is each org’s traced federal awards (USASpending grants and contracts) plus state payments (open checkbooks) as a share of its total revenue (IRS Form 990); the self-reported government-grant line (990 line 1e) is carried for cross-check: a grantee that reports government grants we could not trace to a source is left off the chart rather than shown as receiving none. An association, not a claim that a grant caused the public funding. Coverage is precision-first, a floor rather than a census; state records exist for 9 states, so a grantee outside them shows no state figure (dimmed) rather than a false zero. Federal award amounts are obligations, which can span years, so a single-year share is indicative. 990 filings lag 12 to 24 months.
05Through Plinth

Warm introductions · Powered by PlinthPlus

How do I get to Madison Investments Foundation Inc?

Find your warmest path to Madison Investments Foundation Inc through trustees and officers whose names appear on both boards. Search for your organization and Plinth traces the shortest route it can evidence.

Each link is a name appearing on two organizations’ public IRS 990 filings, matched on that name and, where the filings support it, on location. A same-state match has geographic support, which is a second matching feature rather than confirmation that the two are one person; a cross-state one is the likeliest to be two people who share a name. Every hop shows its tier, low-confidence and distant paths are held back rather than guessed, and it is worth confirming the person before you use the introduction.

On method. Every financial figure here is read from IRS e-file XML, the funder’s own 990/990-PF, and from the multi-year returns of the 111 grantees we resolved, each linked to its source. Grantee outcomes are each organization’s own program-service reporting (Form 990, Part III), read as association with funding, never as caused by it. Low-confidence name matches are suppressed rather than guessed. How we build these →

How this is measured
Each figure carries one of six labels. Filed is what the funder reported on its return. Official is another government record about an organization, such as a federal award or a charity register, joined by name where no shared identifier exists. Resolved is an identity we worked out where the filing named a recipient without an EIN, kept only above a measured confidence threshold. Computed is arithmetic over those, like themes, portfolio clusters and co-funder strength. Context is a statistic about a place rather than about an organization, which is what the need overlay is: it describes the area a grantee’s address sits in, not where its work lands. Inferred is drawn by a model from text, like the partnerships read out of public news and organization websites. Each is labeled where it appears.

Generated from the IRS Form 990-PF e-file return for fiscal year 2024, released 2024. Filings run roughly 12 to 24 months behind; figures are dated accordingly.

Source object · view filing

Play a game based on Madison Investments’ filings →

More from the funding graph

The unnamed billions
grants reported with no recipient in the public record
The regranting layer
51% of grant dollars land in the regranting layer
The DAF merry-go-round
$9.7B circulates between donor-advised funds
The endowment market
who holds foundation money, and what just moved
The camps
funders cluster by geography, not ideology
By state
where grant money is based, and what stays home