NonprofitsMorgridge Institute Foundation Inc

Medical Research

Morgridge Institute Foundation Inc

MADISON, WI

Total revenue

$84.9M

Total expenses

$24.7M

Net assets

$574.7M

Grants received

$393.3M

9 grants

EIN

822760376

Tax year

2024

Mission

The morgridge institute foundation operates exclusively for the benefit of the morgridge institute for research, inc., a tax-exempt 501(c)3 medical research organization affiliated with the university of wisconsin - madison. The foundation administers gifts, grants, bequests, and devises to promote, encourage, and aid the mission and vision of the institute, which is to solve major challenges to human health by conducting, enabling, and translating innovative, interdisciplinary biomedical research in partnership with the university of wisconsin - madison and others, by leveraging our collective strength in research.

Financials

FY 2024

Revenue

Contributions & grants$50.9M
Program service revenue
Investment income$33.9M
Other revenue
Total revenue$84.9M

Expenses

Grants paid$22.4M
Salaries & benefits
Fundraising
Other expenses$2.3M
Total expenses$24.7M
Total assets$597.6M
Net assets$574.7M

People

18 listed

NameRoleCompensation

BRAD SCHWARTZ

CEO/TRUSTEE

Board

0.25 hrs/wk

JOHN BURRIS

TRUSTEE

Board

0.25 hrs/wk

HARVEY COHEN

TRUSTEE

Board

0.25 hrs/wk

JAMES DAHLBERG

TRUSTEE

Board

0.25 hrs/wk

JOHN DURANT

TRUSTEE

Board

0.25 hrs/wk

GREGG FERGUS

TRUSTEE

Board

0.25 hrs/wk

JACQUELYN FREDRICK

TRUSTEE/CHAIR

Board

0.25 hrs/wk

ERIK IVERSON

TRUSTEE

Board

0.25 hrs/wk

WINSLOW L SARGEANT

TRUSTEE

Board

0.25 hrs/wk

TESS MORGRIDGE GARDNER

TRUSTEE

Board

0.25 hrs/wk

ERIC MORGRIDGE

TRUSTEE

Board

0.25 hrs/wk

JOHN MORGRIDGE

TRUSTEE

Board

0.25 hrs/wk

TASHIA MORGRIDGE

TRUSTEE

Board

0.25 hrs/wk

JOHN NEIS

TRUSTEE

Board

0.25 hrs/wk

THOMAS PYLE JR

TRUSTEE

Board

0.25 hrs/wk

FRED ROBERTSON

TRUSTEE/VICE CHAIR

Board

0.25 hrs/wk

KATHI STANEK

CFO/COO/TREASURER

Board

0.25 hrs/wk

BRIAN MATTMILLER

CHIEF COMMUNICATIONS OFF./SECRETARY

Board

0.25 hrs/wk

Grants received

Showing 9 of 9

FromAmountPurposeYear
$25M
MEDICAL
2024
$29K
For grant recipient's exempt purposes
2023
$42K
For grant recipient's exempt purposes
2022
$343.2M
TO SUPPORT ONGOING RESEARCH AND EDUCATION.
2017

Funded by

$393.3M from 6 funders · 9 grants · 2017–2024

The Morgridge Institute

$343.2M · 1 grant · 2017

Tosa Foundation

$25M · 1 grant · 2024

Fidelity Investments Charitable Gift Fund

$70K · 2 grants · 2022–2023

The Robert Thomas Bobins Foundation

$3K · 3 grants · 2020–2022

Details

EIN822760376
NTEE codeH11
Subsection03
Ruling date2017-12
Formed2017
Employees0
Volunteers0
MORGRIDGE INSTITUTE FOUNDATION INC — Mission, Financials & Grants Received | Grantivo