NonprofitsBrightstar Wisconsin Foundation Inc

Community Improvement & Capacity Building

Brightstar Wisconsin Foundation Inc

MILWAUKEE, WI

Total revenue

$268K

Total expenses

$344K

Net assets

$9.7M

Grants received

$360K

18 grants

EIN

901001588

Tax year

2024

Mission

Brightstar wisconsin foundation accepts charitable donations as a 501(c)(3) organization and uses the donations 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.

Financials

FY 2024

Revenue

Contributions & grants$1.1M
Program service revenue
Investment income$25K
Other revenue$99K
Total revenue$268K

Expenses

Grants paid
Salaries & benefits$276K
Fundraising$41K
Other expenses$69K
Total expenses$344K
Total assets$9.7M
Net assets$9.7M

People

12 listed

NameRoleCompensation

TODD SOBOTKA

EXECUTIVE DIRECTOR

Board

$175K

40 hrs/wk

FRED RAASCH

VICE PRESIDENT

Board

$29K

32 hrs/wk

THOMAS SHANNON

EXECUTIVE CHAIRMAN

Board

1 hrs/wk

JEFF HARRIS

PRESIDENT

Board

1 hrs/wk

DANIEL MATOLA

TREASURER

Board

1 hrs/wk

ANTHONY HANDZLIK

SECRETARY

Board

1 hrs/wk

ADAM BERGER

DIRECTOR

Board

1 hrs/wk

MARK BURISH

DIRECTOR

Board

1 hrs/wk

PAM EVASON

DIRECTOR

Board

1 hrs/wk

JOEY FRAYNE

DIRECTOR

Board

1 hrs/wk

DAN SHANNON

DIRECTOR

Board

1 hrs/wk

ANDY SHRAGO

DIRECTOR

Board

1 hrs/wk

Grants received

Showing 18 of 18

FromAmountPurposeYear
$10K
HUMAN SERVICES
2023
$10K
PUBLIC, SOCIETAL BENEFIT
2023
$20K
SUSTAINING SUPPORT
2022
$10K
PUBLIC, SOCIETAL BENEFIT
2022
$10K
PUBLIC, SOCIETAL BENEFIT
2022
$20K
HUMAN SERVICES
2021
$10K
PUBLIC, SOCIETAL BENEFIT
2021
$50K
GENERAL PURPOSE
2020
$30K
PUBLIC, SOCIETAL BENEFIT
2020
$20K
HUMAN SERVICES
2020
$10K
For grant recipient's exempt purposes
2020
$30K
PUBLIC, SOCIETAL BENEFIT
2019
$20K
HUMAN SERVICES
2019
$40K
PUBLIC, SOCIETAL BENEFIT
2018
$20K
SOCIAL SERVICES/SOCIAL BENEFITS
2017
$20K
PUBLIC, SOCIETAL BENEFIT
2017

Funded by

$360K from 6 funders · 18 grants · 2017–2023

Donor Advised Charitable Giving Inc

$150K · 7 grants · 2017–2023

National Philanthropic Trust

$100K · 6 grants · 2017–2023

The Mancheski Foundation Inc

$50K · 1 grant · 2020

Greater Milwaukee Foundation Inc

$40K · 2 grants · 2020–2022

Details

EIN901001588
NTEE codeS19
Subsection03
Ruling date2013-11
Formed2013
Employees3
Volunteers16
BRIGHTSTAR WISCONSIN FOUNDATION INC — Mission, Financials & Grants Received | Grantivo