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 MADISON/DANE COUNTY AREA REGARDING THE DIVERSE CULTURAL, EDUCATIONAL, SCIENTIFIC, CIVIC AND ATHLETIC BENEFITS OF LIVING AND WORKING IN THE GREATER MADISON/DANE COUNTY AREA.-TO PROVIDE RESOURCE SUPPORT FOR EVENTS HOSTED BY THE CITY OF MADISON AND/OR THE GMCVB THAT PROMOTE AND ENCOURAGE ECONOMIC DEVELOPMENT WITHIN THE GREATER MADISON/DANE COUNTY AREA.-TO CONDUCT RESEARCH AND DISSEMINATE DATA REGARDING ECONOMIC DEVELOPMENT WITHIN THE GREATER MADISON/DANE COUNTY AREA.-TO RECEIVE, OBTAIN, CONTROL, HOLD, ADMINISTER, INVEST AND REINVEST AND DISBURSE FUNDS AND PROPERTY OF ANY TYPE AS MAY BE RECEIVED BY THE CORPORATION, EITHER ABSOLUTELY OR IN TRUST,
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$232K
-41.0% YoY
Annual Giving
$172K
+55.9% YoY
Grant Count
1
-50.0% YoY
Avg Grant Size
$172K
+211.9% YoY
About Destination Madison Foundation Inc
Based on IRS filings
Destination Madison Foundation Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $232K in total assets. In 2024, it awarded 1 grants totaling $172K. Net investment income was $16K.
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 | $232,310 | $393,591 | $397,791 |
| Revenue | $84,504 | $186,465 | $53,853 |
| Expenses | $240,156 | $196,295 | $147,737 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $16,360 | $10,421 | $2,558 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Destination Madison ($171,541).
| Recipient | Purpose | Amount |
|---|---|---|
| DESTINATION MADISON MADISON, WI | PROGRAM SUPPORT | $171,541 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| JOEL WEITZ | CHAIR/TRUSTEE | 1 | — |
| JUDD SCHEMMEL | CHAIR/VICE CHAIR | 1 | — |
| SANDY MORALES | VICE CHAIR/TRUSTEE | 0.5 | — |
| JIM BRADLEY | SECRETARY/TREASURER | 0.5 | — |
| GAIL AMBROSIUS | TRUSTEE THRU MARCH 2024 | 0.5 | — |
| LAUREN BIRKEL | TRUSTEE | 0.5 | — |
| ROB CRAIN | TRUSTEE | 0.5 | — |
| LYNN HOBBIE | TRUSTEE | 0.5 | — |
| JASON ILSTRUP | TRUSTEE | 0.5 | — |
| LE JORDAN | TRUSTEE | 0.5 | — |
| TOM ZIARNIK | TRUSTEE | 0.5 | — |
| ELLIE WESTMAN CHIN | PRESIDENT/CEO | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is Destination Madison Foundation Inc?
Destination Madison Foundation Inc is a nonprofit organization focused on Community Improvement & Capacity Building, based in MADISON, WI. It holds $232K in total assets as of 2024.
How large is Destination Madison Foundation Inc?
As of 2024, Destination Madison Foundation Inc holds $232K in total assets with $85K in annual revenue. It awarded 1 grants totaling $172K in 2024.
Where does Destination Madison Foundation Inc operate?
Destination Madison Foundation Inc has awarded grants in Wisconsin.
What size grants does Destination Madison Foundation Inc award?
In 2024, Destination Madison Foundation Inc awarded 1 grants totaling $172K — an average of about $172K per grant, based on its IRS Form 990 filings.
What is Destination Madison Foundation Inc's EIN?
Destination Madison Foundation Inc's EIN (Employer Identification Number) is 20-1127385. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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