Ae Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $197K in total assets. In 2024, it awarded 7 grants totaling $39K. Net investment income was $963.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$197K
+23.0% YoY
Annual Giving
$39K
+30.7% YoY
Grant Count
7
+133.3% YoY
Avg Grant Size
$6K
-44.0% YoY
Under IRS private-foundation payout rules, Ae Cares Inc reported a distributable amount of $7K for 2024 — the minimum it must pay out in qualifying distributions.
About Ae Cares Inc
Based on IRS filings
Ae Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $197K in total assets. In 2024, it awarded 7 grants totaling $39K. Net investment income was $963.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $197,459 | $160,490 | $91,851 |
| Revenue | $92,300 | $105,598 | $41,091 |
| Expenses | $57,597 | $36,959 | $3,811 |
| Qualifying Distributions | $57,597 | $30,000 | — |
| Net Investment Income | $963 | — | — |
| Distributable Amount | $7,230 | $4,774 | $3,364 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 7 recipients in 2024
Grant Size Distribution
11 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Ic Stars ($10,000), Maydm ($10,000), Vfw Post 7591 ($5,600).
| Recipient | Purpose | Amount |
|---|---|---|
| BADGER HONOR FLIGHT MADISON, WI | UNRESTRICTED CHARITABLE GRANT | $3,100 |
| DISABLED AMERICAN VETERANS MADISON DAV-WI CHAPTER 2 MADISON, WI | SUPPORT FOR VETERANS | $5,000 |
| IC STARS MILWAUKEE, WI | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| MAYDM MADISON, WI | UNRESTRICTED CHARITABLE GRANT | $10,000 |
| MILWAUKEE HABITAT FOR HUMANITY MILWAUKEE, WI | UNRESTRICTED CHARITABLE GRANT | $2,500 |
| PORCHLIGHT INC MADISON, WI | UNRESTRICTED CHARITABLE GRANT | $3,000 |
| VFW POST 7591 MADISON, WI | SUPPORT FOR VETERANS | $5,600 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOHN HARRIS | PRESIDENT | 5 | — |
| RICHARD GORDON | VICE PRESIDENT | 2 | — |
| AMY RAGATZ | TREASURER | 3 | — |
| JEANNE BLACHOWICZ | SECRETARY | 2 | — |
| LESLIE SELBIE | BOARD MEMBER | 0.5 | — |
| MATT BLANCHARD | BOARD MEMBER | 0.5 | — |
| OLGA ROSALES | BOARD MEMBER | 0.5 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Ae Cares Inc?
Ae Cares Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MADISON, WI. It holds $197K in total assets as of 2024.
How large is Ae Cares Inc?
As of 2024, Ae Cares Inc holds $197K in total assets with $92K in annual revenue. It awarded 7 grants totaling $39K in 2024.
Where does Ae Cares Inc operate?
Ae Cares Inc has awarded grants in Wisconsin.
What size grants does Ae Cares Inc award?
In 2024, Ae Cares Inc awarded 7 grants totaling $39K — an average of about $6K per grant, based on its IRS Form 990 filings.
How much is Ae Cares Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Ae Cares Inc reported a distributable amount of $7K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Ae Cares Inc's EIN?
Ae Cares Inc's EIN (Employer Identification Number) is 85-2001520. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Ae Cares Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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