Eugene J Eder Charitable Foundation Inc

Private foundation · Grantmaker Milwaukee, WI EIN: 39-1870043

The Eugene J Eder Charitable Foundation is a private foundation based in Milwaukee, Wisconsin. It makes grants to charitable organizations; its 2024 filing describes grant purposes as “to promote community well being.”

Key facts about Eugene J Eder Charitable Foundation Inc

In short: Eugene J Eder Charitable Foundation Inc gave $3.4M across 36 grants in 2024 (avg $94K), mostly in Wisconsin. 6% of 2024 grantees were new. Source: 2024 IRS Form 990-PF.

EIN
39-1870043
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$3,388,460
Grants made (2024)
36
Average grant
$94,124
Median grant
$21,000
New grantees (estimate)
6% first-time grantees (2 of 36, 2024)
Total assets
$56,694,924
Primary geography
Wisconsin (77% of itemized 2024 grant dollars)
Accepts unsolicited proposals
No
How to apply
The foundation makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Full details ↓

Data from IRS Form 990-PF, 2024; updated October 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 2024 IRS Form 990-PF · View filing

Total Assets

$56.7M

+1.5% YoY

Annual Giving

$3.4M

+1.3% YoY

Grant Count

36

-7.7% YoY

Avg Grant Size

$94K

+9.8% YoY

Under IRS private-foundation payout rules, Eugene J Eder Charitable Foundation Inc reported a distributable amount of $3.4M for 2024 — the minimum it must pay out in qualifying distributions.

Is Eugene J Eder Charitable Foundation Inc open to new grantees?

6%

first-time grantees, 2024

In 2024, 2 of 36 grantees (6%) were first-time recipients. First grants averaged $14K; repeat grants $99K. How we count

Medians: $14K first-time, $23K repeat.

  • 94% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+11%). Method
  • In 2024 it paid out 100% of its IRS minimum distribution (the 5% rule). Method

Estimate from itemized grant lists in IRS Form 990-PF filings (2020–2024). 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

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied activities. For example, Milwaukee Jewish Day School says it prepares children for success, leadership, and engagement with the world through academic excellence and Jewish values. Young Judaea Global says it educates and empowers Jewish youth to engage with Israel and lead positive change. Hunger Task Force says it works to prevent hunger and malnutrition by providing food and promoting policies toward a hunger-free community. Upstream Arts says it uses creative arts to amplify the voice and choice of people with disabilities. The Wisconsin Conservatory of Music says it provides music education accessible to all.

Grantmaking

In 2024, the foundation reported 36 grants totaling $3,388,460. Grants ranged from $5,000 to $1,710,000, with a median of $21,000. Among the largest listed grants were $1,710,000 to Jewish Community Foundation, $481,260 to Milwaukee Jewish Day School, $161,000 to Young Judaea Global, $115,000 to The Washington Institute for Near East Policy, and $100,000 each to Friends of IMPJ and University of WI Law School.

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Geographic Focus

Where this funder awards grants

In 2024, 77% of grant dollars went to recipients in Wisconsin, 11% to New York, 3% each to Washington, DC, and California, and 2% to Minnesota.

Grant Distribution by State

10states

Share of 2024 grant dollars across all 36 itemized grants.

Cities

MilwaukeeNew YorkLacrosseMadisonMinneapolisNorthbrookWauwatosaBaysideDenverHartsdalePerrysburgGlendalePasadenaFox PointWashington DCAventuraNewtonNewton CentreNewy YorkWest Allis

Giving Over Time

Total grant dollars and number of grants per year

$0$1M$2M$3M$4M27 grants2020 31 grants2021 36 grants2022 39 grants2023 36 grants2024

From 2020 to 2024, annual grant giving ranged from $3.0M (2021) to $3.4M (2022). In 2024 it made 36 grants totaling $3.4M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Jewish Community Foundation: $1.7MJewish Community Foundation$1.7MMilwaukee Jewish Day School: $481KMilwaukee Jewish Day School$481KYoung Judaea Global Inc: $161KYoung Judaea Global Inc$161KThe Washington Institute for Near East Policy: $115KThe Washington Institute forNear East Policy$115KFriends of Impj: $100KFriends of Impj$100KUniversity of WI Law School: $100KUniversity of WI Law School$100KHunger Task Force: $77KHunger Task Force$77KUpstream Arts: $70KUpstream Arts$70KNirim USA: $60KNirim USA$60KPEF Israel Endowment: $58KPEF Israel Endowment$58K

The largest 2024 recipient was Jewish Community Foundation ($1.7M). Together the top 10 received $2.9M.

Grant Size Distribution

169 grants across all recorded years

118<$50K25$50–100K16$100–250K5$250–500K$500K–1M5$1–5M$5M+

The most common grant size was under $50K: 118 grants of 169 (70%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Jewish Community Foundation Milwaukee, WITo Promote Community Well Being$1,710,000
Milwaukee Jewish Day School Milwaukee, WITo Promote Community Well Being$481,260
Young Judaea Global Inc New York, NYTo Promote Community Well Being$161,000
The Washington Institute for Near East Policy Washington DC, DCTo Promote Community Well Being$115,000
Friends of Impj Pasadena, CATo Promote Community Well Being$100,000
University of WI Law School Madison, WITo Promote Community Well Being$100,000
Hunger Task Force Milwaukee, WITo Promote Community Well Being$77,000
Upstream Arts Minneapolis, MNTo Promote Community Well Being$70,000
Nirim USA New York, NYTo Promote Community Well Being$60,000
PEF Israel Endowment New York, NYTo Promote Community Well Being$58,000

Financial History

Multi-year comparison from IRS filings

Filing year Grants reported Grant count
2024 $3,388,460 36
2023 $3,344,100 39
2022 $3,411,600 36
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$2M$4M$6M$8M2020 2021 2022 2023 2024
Metric202420232022
Total Assets$56,694,924$55,866,836$53,193,325
Revenue$3,698,742$7,016,045$3,168,299
Expenses$4,466,293$4,309,631$4,312,083
Qualifying Distributions$3,388,460$3,344,100$3,411,600
Net Investment Income$3,181,181$6,245,593$2,489,326
Distributable Amount$3,376,622$3,314,062$3,091,855

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990-PF for fiscal year 2020 (received by the IRS November 15, 2021)
  2. Updated Form 990-PF for fiscal year 2021 (received by the IRS November 7, 2022)
  3. Updated Form 990-PF for fiscal year 2022 (received by the IRS November 15, 2023)
  4. Updated Form 990-PF for fiscal year 2023 (received by the IRS November 15, 2024)
  5. Updated Form 990-PF for fiscal year 2024 (received by the IRS November 18, 2025)
  6. IRS filings on file for fiscal years 2020–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Faye Korobkin as vice president and director, and Allan J Carneol as president and director.

Eugene J Eder Charitable Foundation Inc is led by Allan J. Carneol, President & Director on every filing since 2020; all 2 officers listed in 2024 are compensated.

Officers on the 2024 filing

  • Allan J. Carneol

    President & Director

    On filings since 2020

    30 hrs/week

    $213K (2020) → $240K (2024)

  • Faye Korobkin

    Vice President & Director

    On filings since 2020

    12 hrs/week

    $48K (2020) → $48K (2024)

Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2024 IRS filing

Allan J Carneol — President & Director: $240KAllan J CarneolPresident & Director$240KFaye Korobkin — Vice President & Director: $48KFaye KorobkinVice President & Director$48K

The highest reported compensation on the 2024 filing was $240K, to Allan J Carneol (President & Director). 2 officers or directors reported compensation on that filing.

Contact

Mailing address: 788 N Jefferson St 200, Milwaukee, WI 53202
Phone: (414) 276-7471

Frequently asked questions about Eugene J Eder Charitable Foundation Inc

How much does Eugene J Eder Charitable Foundation Inc give each year?

Eugene J Eder Charitable Foundation Inc gave $3.4M across 36 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $3.3M across 39 grants.

What is Eugene J Eder Charitable Foundation Inc's typical grant size?

Eugene J Eder Charitable Foundation Inc's median grant in 2024 was $21,000, and its average grant was $94,124, across 36 grants on its 2024 IRS Form 990-PF. Organizations receiving their first grant from Eugene J Eder Charitable Foundation Inc that year got $14K on average.

Where does Eugene J Eder Charitable Foundation Inc give grants?

Eugene J Eder Charitable Foundation Inc gives mostly in Wisconsin: 77% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was New York (11%). The most frequent recipient cities were Milwaukee, WI (14 grants) and New York, NY (7 grants).

Does Eugene J Eder Charitable Foundation Inc give general operating support?

Not in 2024: none of the 36 grants with a stated purpose on Eugene J Eder Charitable Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "To Promote Community Well Being" (36 grants).

Who are Eugene J Eder Charitable Foundation Inc's largest grantees?

Eugene J Eder Charitable Foundation Inc's largest 2024 grantees include Jewish Community Foundation ($1,710,000), Milwaukee Jewish Day School ($481,260) and Young Judaea Global Inc ($161,000), according to its 2024 IRS Form 990-PF. Together they received 69% of its itemized 2024 grant dollars.

How large is Eugene J Eder Charitable Foundation Inc?

Eugene J Eder Charitable Foundation Inc reported $56.7M in total assets on its 2024 IRS Form 990-PF. It paid out $3.4M in qualifying distributions that year, against a required minimum of $3.4M (roughly 5% of its investment assets).

What does Eugene J Eder Charitable Foundation Inc fund?

No mission statement for the foundation is provided. Its 2024 grants went to organizations with varied activities. For example, Milwaukee Jewish Day School says it prepares children for success, leadership, and engagement with the world through academic excellence and Jewish values. See mission & focus areas ↑

How do I apply for a grant from Eugene J Eder Charitable Foundation Inc?

The foundation makes contributions only to preselected charitable organizations and 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 Eugene J Eder Charitable Foundation Inc's EIN?

Eugene J Eder Charitable Foundation Inc's EIN (Employer Identification Number) is 39-1870043. IRS Form 990 filing data is available on this page for 2020–2024.

Does Eugene J Eder 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 October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.

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