Draeger Family Foundation

MADISON, WI EIN: 81-6925474

Draeger Family Foundation is a private foundation focused on Religion Related, based in MADISON, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.1M in total assets. In 2024, it awarded 9 grants totaling $58K. Net investment income was $86K.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.1M

+2.5% YoY

Annual Giving

$58K

+0.9% YoY

Grant Count

+0.0% YoY

Avg Grant Size

$6K

+0.9% YoY

Under IRS private-foundation payout rules, Draeger Family Foundation reported a distributable amount of $62K for 2024 — the minimum it must pay out in qualifying distributions.

About Draeger Family Foundation

Based on IRS filings

Focus Areas

Religion Related

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

Wisconsin $249K (100%)

States

Wisconsin

Cities

JanesvilleMadison

Financial History

Multi-year comparison from IRS filings

Revenue

Expenses

Qualifying Distributions

Net Investment Income

Metric	2024	2023	2022
Total Assets	$1,119,687	$1,092,412	$1,108,698
Revenue	$97,158	$63,835	$7,192
Expenses	$70,072	$68,393	$70,009
Qualifying Distributions	$57,970	$57,750	$57,750
Net Investment Income	$86,187	$52,512	$12,670
Distributable Amount	$62,482	$57,879	$59,819

Giving Over Time

Total grant dollars and number of grants per year

Grant Insights

How this funder distributes its grants

Top Recipients

Top 9 recipients in 2024

Grant Size Distribution

42 grants across all recorded years

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Cedar Crest Foundation ($11,000), Blackhawk Technical College ($6,000), Cargill United Methodist Foundation ($6,000).

Recipient	Purpose	Amount
BLACKHAWK TECHNICAL COLLEGE JANESVILLE, WI	PROGRAM SUPPORT	$6,000
BOYS AND GIRLS CLUB JANESVILLE, WI	PROGRAM SUPPORT	$5,510
CARGILL UNITED METHODIST FOUNDATION JANESVILLE, WI	PROGRAM SUPPORT	$6,000
CEDAR CREST FOUNDATION JANESVILLE, WI	PROGRAM SUPPORT	$11,000
CEDAR CREST INC HEALTHCARE CENTER JANESVILLE, WI	PROGRAM SUPPORT	$6,000
PREGNANCY HELPLINE JANESVILLE, WI	PROGRAM SUPPORT	$5,000
SALVATION ARMY JANESVILLE, WI	PROGRAM SUPPORT	$6,000
UW FOUNDATION MADISON, WI	PROGRAM SUPPORT	$6,000
UW FOUNDATION FOR MEDICAL RESEARCH MADISON, WI	PROGRAM SUPPORT	$6,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

Name	Title	Hours	Compensation
JOHNSON BANK CO JOEL BAILEY	TRUSTEE	2	$10,328

Subject Areas

Focus areas based on grantmaking activity

Religion Related

Frequently Asked Questions

What is Draeger Family Foundation?

Draeger Family Foundation is a private foundation focused on Religion Related, based in MADISON, WI. It holds $1.1M in total assets as of 2024.

How large is Draeger Family Foundation?

As of 2024, Draeger Family Foundation holds $1.1M in total assets with $97K in annual revenue. It awarded 9 grants totaling $58K in 2024.

Where does Draeger Family Foundation operate?

Draeger Family Foundation has awarded grants in Wisconsin.

What size grants does Draeger Family Foundation award?

In 2024, Draeger Family Foundation awarded 9 grants totaling $58K — an average of about $6K per grant, based on its IRS Form 990 filings.

How much is Draeger Family Foundation required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Draeger Family Foundation reported a distributable amount of $62K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.