Ellenbecker Investment Group Charitable Foundation Inc

Private foundation · Grantmaker Waukesha, WI EIN: 20-4909038

Ellenbecker Investment Group is a private foundation based in Waukesha, Wisconsin. It supports charitable organizations through grants, with 2023 awards including organizations working in food access, education, animal welfare, and community services.

Key facts about Ellenbecker Investment Group Charitable Foundation Inc

In short: Ellenbecker Investment Group Charitable Foundation Inc gave $40K across 62 grants in 2023 (avg $640.726), mostly in Wisconsin. 39% of 2023 grantees were new. Source: 2023 IRS Form 990-PF.

EIN
20-4909038
Latest 990 filing
Form 990-PF, 2023
Annual giving (2023)
$39,725
Grants made (2023)
62
Average grant
$641
Median grant
$500
New grantees (estimate)
39% first-time grantees (24 of 62, 2023)
Total assets
$580,308
Primary geography
Wisconsin (75% of itemized 2023 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2023; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2023 IRS Form 990-PF · View filing

Total Assets

$580K

+22.6% YoY

Annual Giving

$40K

-20.4% YoY

Grant Count

62

-11.4% YoY

Avg Grant Size

$640.726

-10.1% YoY

Is Ellenbecker Investment Group Charitable Foundation Inc open to new grantees?

39%

first-time grantees, 2023

In 2023, 24 of 62 grantees (39%) were first-time recipients. First grants averaged $551; repeat grants $697. How we count

Medians: $500 first-time, $500 repeat.

  • 50% of 2023 grantees were also funded in 2022. Method
  • Giving held roughly steady from 2020 to 2023 (+2%). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2019–2023). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s mission is not stated in the available information. Its grants went to organizations with varied missions. For example, The Women’s Center says it provides safety, shelter, and support to people impacted by domestic abuse, sexual violence, child abuse, and trafficking. Fondy Food Center says it connects Greater Milwaukee to local, fresh food, while Blessings in a Backpack says it provides weekend food for school-aged children who might otherwise go hungry. Soles For Jesus says it distributes shoes to underserved people in Sub-Saharan Africa.

Grantmaking

In 2023, the foundation gave $39,725 through 62 grants. Grants ranged from $50 to $3,000, with a median award of $500. The largest listed award was $3,000 to HAWS in Waukesha, Wisconsin, for general support. Other notable grants included $2,000 to Nativity Jesuit Academy in Milwaukee, and $1,200 to Resilience Racing in Avon, Indiana, each for general support. Fondy Food Center, Soles For Jesus, and Life’s Connection each received $1,000.

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Geographic Focus

Where this funder awards grants

In 2023, Wisconsin organizations received 75% of grant dollars, followed by organizations in Illinois (9%), New York (4%), Indiana (3%), and Colorado (3%).

Grant Distribution by State

22states

Share of 2023 grant dollars across all 62 itemized grants.

Cities

MilwaukeeWaukeshaBrookfieldMenomonee FallsWauwatosaPewaukeeDelafieldMadisonWashingtonHartlandAvonDenverMediaMukwonagoNew BerlinNew YorkOmahaScottsdaleStaten IslandWashinton

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K34 grants2019 69 grants2020 69 grants2021 70 grants2022 62 grants2023

From 2019 to 2023, annual grant giving ranged from $13K (2019) to $54K (2021). In 2023 it made 62 grants totaling $40K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2023

Haws: $3KHaws$3KNativity Jesuit Academy: $2KNativity Jesuit Academy$2KResilience Racing: $1KResilience Racing$1KFondy Food Center: $1KFondy Food Center$1KSoles For Jesus: $1KSoles For Jesus$1KLoisaba Community Conservation Foun: $1KLoisaba Community ConservationFoun$1KRedeem and Restore: $1KRedeem and Restore$1KBlessings in a Backpack: $1KBlessings in a Backpack$1KJazz Unlimited: $1KJazz Unlimited$1KCystic Fibrosis Foundation: $1KCystic Fibrosis Foundation$1K

The largest 2023 recipient was Haws ($3K). Together the top 10 received $13K.

Grant Size Distribution

304 grants across all recorded years

304<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 304 grants of 304 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Haws Waukesha, WIGeneral Support$3,000
Nativity Jesuit Academy Milwaukee, WIGeneral Support$2,000
Resilience Racing Avon, INGeneral Support$1,200
Fondy Food Center Milwaukee, WIGeneral Support$1,000
Soles For Jesus Milwaukee, WIGeneral Support$1,000
Loisaba Community Conservation Foun Saratoga Springs, NYGeneral Support$1,000
Redeem and Restore Pewaukee, WIGeneral Support$1,000
Blessings in a Backpack Hartland, WIGeneral Support$1,000
Jazz Unlimited Milwaukee, WIGeneral Support$1,000
Cystic Fibrosis Foundation Brookfield, WIGeneral Support$1,000

Financial History

Multi-year comparison from IRS filings

Filing year Assets Revenue Expenses Grants
2023 $580,308 $148,874 $42,035 $39,725
2022 $473,469 $98,814 $50,698 $49,903
2021 $425,353 $112,998 $56,273 $53,623
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K$200K2019 2020 2021 2022 2023
Metric202320222021
Total Assets$580,308$473,469$425,353
Revenue$148,874$98,814$112,998
Expenses$42,035$50,698$56,273
Qualifying Distributions$39,725$49,903$53,623
Net Investment Income$13,953$10,130$19,578

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS July 15, 2020)
  2. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 13, 2024)
  3. IRS filings on file for fiscal years 2020–2023

Leadership & Key People

Leadership team and compensation from IRS filings

The 2023 filing lists Julie Ellenbecker-Lipsky as president; Karen J Ellenbecker as vice president; Diane Byrne as treasurer; Jeff Stroud as secretary; and Phil Remmers, Jeff Ellenbecker, and Jill Economou as directors. Kristen Cantrell and Heather Hipke are listed as liaisons.

Ellenbecker Investment Group Charitable Foundation Inc is led by Julie Ellenbecker-Lipsky, President on every filing since 2019; none of the 9 officers listed in 2023 report compensation.

Officers on the 2023 filing

  • Julie Ellenbecker-Lipsky

    President

    On filings since 2019

    No compensation reported

  • Jeff Ellenbecker

    Director

    On filings since 2019

    No compensation reported

  • Phil Remmers

    Director

    Executive Director → Director, 2023

    On filings since 2019

    No compensation reported

  • Jill Economou

    Director

    New on the 2023 filing

    No compensation reported

  • Diane Byrne

    Treasurer

    On filings since 2019

    No compensation reported

  • Jeff Stroud

    Secretary

    On filings since 2019

    No compensation reported

  • Karen J. Ellenbecker

    Vice President

    On filings since 2019

    No compensation reported

  • Kristen Cantrell

    Liason

    On filings since 2019

    No compensation reported

  • Heather Hipke

    Liason

    New on the 2023 filing

    No compensation reported

Former officers (1)
  • Former: Wendy Bitter (2019–2021) — Liason

Data from IRS Form 990 filings, 2019–2023. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Mailing address: N21 W23350 Ridgeview Pkwy, Waukesha, WI 53188
Phone: (262) 691-3200

Frequently asked questions about Ellenbecker Investment Group Charitable Foundation Inc

How much does Ellenbecker Investment Group Charitable Foundation Inc give each year?

Ellenbecker Investment Group Charitable Foundation Inc gave $40K across 62 grants in 2023, according to its 2023 IRS Form 990-PF. In 2022 it gave $50K across 70 grants.

What is Ellenbecker Investment Group Charitable Foundation Inc's typical grant size?

Ellenbecker Investment Group Charitable Foundation Inc's median grant in 2023 was $500, and its average grant was $641, across 62 grants on its 2023 IRS Form 990-PF. Organizations receiving their first grant from Ellenbecker Investment Group Charitable Foundation Inc that year got $551 on average.

Where does Ellenbecker Investment Group Charitable Foundation Inc give grants?

Ellenbecker Investment Group Charitable Foundation Inc gives mostly in Wisconsin: 75% of the grant dollars itemized on its 2023 IRS Form 990-PF went to recipients there. The next largest state was Illinois (9%). The most frequent recipient cities were Milwaukee, WI (15 grants), Waukesha, WI (4 grants), Menomonee Falls, WI (4 grants) and Pewaukee, WI (3 grants).

Does Ellenbecker Investment Group Charitable Foundation Inc give general operating support?

Yes: 100% of Ellenbecker Investment Group Charitable Foundation Inc's 2023 grants with a stated purpose (62 of 62) were for general or operating support, per its 2023 IRS Form 990-PF.

Who are Ellenbecker Investment Group Charitable Foundation Inc's largest grantees?

Ellenbecker Investment Group Charitable Foundation Inc's largest 2023 grantees include Haws ($3,000), Nativity Jesuit Academy ($2,000) and Resilience Racing ($1,200), according to its 2023 IRS Form 990-PF. Together they received 16% of its itemized 2023 grant dollars.

How large is Ellenbecker Investment Group Charitable Foundation Inc?

Ellenbecker Investment Group Charitable Foundation Inc reported $580K in total assets on its 2023 IRS Form 990-PF. Its revenue that year was $149K.

What does Ellenbecker Investment Group Charitable Foundation Inc fund?

The foundation’s mission is not stated in the available information. Its grants went to organizations with varied missions. For example, The Women’s Center says it provides safety, shelter, and support to people impacted by domestic abuse, sexual violence, child abuse, and trafficking. See mission & focus areas ↑

How do I apply for a grant from Ellenbecker Investment Group Charitable Foundation Inc?

The foundation does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Ellenbecker Investment Group Charitable Foundation Inc's EIN?

Ellenbecker Investment Group Charitable Foundation Inc's EIN (Employer Identification Number) is 20-4909038. IRS Form 990 filing data is available on this page for 2019–2023.

Does Ellenbecker Investment Group Charitable Foundation Inc accept unsolicited proposals?

No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑

Data last updated September 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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