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Wisconsin · Public charity

Destination Madison Foundation Inc

Destination madison foundation, inc. Is organized and shall be operated exclusively to further the well-being of the greater madison convention & visitors bureau, inc.in connection with and in furtherance thereof, the corporation shall have the following purposes:-to provide information to the residents of and visitors to the greater…

$175k
Granted FY2024(still arriving)
1
Grants FY2024
2
Organizations funded FY2023
50%
First-time grantees FY2023
Read the full brief
Median grant, FY2024
$171,541
Largest grant, FY2024
$171,541
Organizations funded a year
1 to 3
FY2018 to FY2023
States reached, FY2024
1
Total assets, FY2024
$232k

How open it is to new grantees

In FY2023, 50% of the organizations Destination Madison Foundation Inc funded were first-time grantees, receiving 9% of its grant dollars.

New vs renewed · share of each year

In FY2023, 91% of grant dollars renewed an existing relationship; $10k went to new ones.

50%100%’22’23
RenewedFirst-time

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

’22’23
Human ServicesRecreation & SportsOther
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.
The numbers by year
Fiscal yearOrganizations fundedTo those organizationsFirst-time grantees
FY2024still arriving1$172k0%
FY20232$110k50%
FY20223$120k100%
FY20181$5kn/a
100% classified

What it funded, over time

Every grant placed by its stated purpose and the recipient’s mission, by year, FY2018 to 2024.

Arts & Culture$372kRecreation & Sports$18kHuman Services$12kCommunity Improvement$5k

Top grantees

Largest recipients by total granted, FY2018 to FY2024, and the share of each one’s budget the grants supplied at peak.

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 set of overlaps that mostly run through this funder rather than between each other.

Madison Gas and Electric Foundation IncWI13.6× affinity4 shared granteesties to 0 of 0Hover any node to trace its alignments.Compare side by side →

Open a dossier: Madison Gas and Electric Foundation Inc

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.

Compare Destination Madison Foundation Inc with peer funders

About Destination Madison Foundation Inc

How much does Destination Madison Foundation Inc give?
Destination Madison Foundation Inc reported 1 grants totaling $174,541 in its FY2024 IRS filing. It funded between 1 and 3 organizations a year over FY2018 to FY2023.
What does Destination Madison Foundation Inc fund?
By grant dollars over FY2018 to FY2024, its largest causes are Arts & Culture (91%), Recreation & Sports (4%), Human Services (3%).
Who are Destination Madison Foundation Inc's largest grantees?
By total granted over FY2018 to FY2024: Greater Madison Convention & Visitors Bureau Inc ($372k), Irwin a and Robert D Goodman Community Center Inc ($12k), Central Cross Country Skiing Inc ($10k).
Does Destination Madison Foundation Inc fund new organizations?
In FY2023, 50% of the organizations it funded were first-time grantees.
Which funders back the same organizations as Destination Madison Foundation Inc?
Its strongest co-funders, measured against what their size predicts, include Madison Gas and Electric Foundation Inc.
Where is Destination Madison Foundation Inc based?
Destination Madison Foundation Inc is based in WI.

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 5 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 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

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