Fortune Family Foundation Inc
Fortune Family Foundation Inc is a private foundation based in Madison, Wisconsin. Its 2024 filing reports grants to charitable organizations, with most grant dollars going to recipients in Wisconsin.
Fortune Family Foundation Inc at a glance
In short: Fortune Family Foundation Inc gave $32K across 12 grants in 2024 (avg $3K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $32,259
- +193.3% vs 2023
- Grants made (2024)
- 12
- +200.0% vs 2023
- Average grant
- $2,688
- -2.2% vs 2023
- Median grant
- $2,130
- Total assets
- $46,332
- -38.7% vs 2023
- Primary geography
- Wisconsin (81% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to Fortune Family Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 2118 Waunona Way, Madison, WI 53713
Phone: (608) 441-9848
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who Fortune Family Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Black Men Coalition of Dane County ($6K). Together the top 10 received $31K.
Grant Size Distribution
29 grants across all recorded years
The most common grant size was under $50K: 27 grants of 29 (93%).
Geographic Focus
Where this funder awards grants
In 2024, 81% of grant dollars went to recipients in Wisconsin, 15% to recipients in Tennessee, and 3% to recipients in Illinois.
Grant Distribution by State
Share of 2024 grant dollars across all 12 itemized grants.
Cities
How Fortune Family Foundation Inc gives
- 17% of 2024 grantees were also funded in 2023. Method
- Giving fell 82% from 2021 to 2024. Method
- In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method
Estimate from itemized grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $10K (2022) to $184K (2021). In 2024 it made 12 grants totaling $32K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Black Men Coalition of Dane County Madison, WI | Support Charitable Activities | $6,000 |
| St Jude Children Research Hospital Memphis, TN | Support Charitable Activities | $5,000 |
| Children's Dyslexia Center Madison, WI | Support Charitable Activities | $5,000 |
| Latino Workforce Development Center Madison, WI | Support Charitable Activities | $5,000 |
| Drops of Kindness Poynette, WI | Support Charitable Activities | $4,000 |
| Boys & Girls Club Dane County Madison, WI | Support Charitable Activities | $3,259 |
| Madison Lakeway Partners Madison, WI | Support Charitable Activities | $1,000 |
| Wisconsin Young Symphony Orchestras Madison, WI | Support Charitable Activities | $1,000 |
| Foundations for Peripheral Neuropathy Buffalo Grove, IL | Support Charitable Activities | $500 |
| Uw Foundation - Wonders of Physics Outreach Fund Milwaukee, WI | Support Charitable Activities | $500 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $46,332 | $3,631 | $32,829 | $32,259 | 12 | $32,259 | $3,066 | $3,024 |
| 2023 | $75,531 | $45 | $11,715 | $11,000 | 4 | $11,000 | $849 | $3,522 |
| 2022 | $87,200 | $1,228 | $11,083 | $10,000 | 1 | $10,000 | $646 | $3,642 |
| 2021 | $97,055 | $11,735 | $184,742 | $183,500 | 6 | $183,500 | $10,493 | $10,950 |
| 2020 | $270,058 | $300,434 | $47,337 | $47,000 | 6 | — | $149 | $1,572 |
Under IRS private-foundation payout rules, Fortune Family Foundation Inc reported a distributable amount of $3K for 2024 — the minimum it must pay out in qualifying distributions.
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 including community, youth, education, health, workforce development, and arts organizations; these categories describe the listed recipients, not a stated foundation focus.
Madison LakeWay Partners, which received $1,000 in 2024, describes itself as partnering with the City of Madison to reimagine the Lake Monona waterfront along John Nolen Drive as a welcoming destination for Madison residents and visitors.
Grantmaking
In 2024, the foundation reported 12 grants totaling $32,259. Grant amounts ranged from $500 to $6,000, with a median of $2,130. The largest grants included $6,000 to Black Men Coalition of Dane County; $5,000 each to St Jude Children Research Hospital, Children’s Dyslexia Center, and Latino Workforce Development Center; and $4,000 to Drops of Kindness. Other recipients included Boys & Girls Club Dane County ($3,259), Madison LakeWay Partners ($1,000), Wisconsin Young Symphony Orchestras ($1,000), Foundations for Peripheral Neuropathy ($500), UW Foundation - Wonders of Physics Outreach Fund ($500), Notre Dame College Prep ($500), and Root 2 Rise ($500). The stated purpose for each grant was to support charitable activities.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Christopher S Fortune as vice president and secretary; Sara H Fortune as president and treasurer; and Emma B Fortune, Heather B Fortune, and Kelly G Fortune as directors.
Fortune Family Foundation Inc is led by Sara H. Fortune, President & Treasurer on every filing since 2020; none of the 5 officers listed in 2024 report compensation.
Officers on the 2024 filing
Sara H. Fortune
President & Treasurer
On filings since 2020
No compensation reported
Emma B. Fortune
Director
On filings since 2020
No compensation reported
Heather B. Fortune
Director
On filings since 2020
No compensation reported
Kelly G. Fortune
Director
On filings since 2020
No compensation reported
Christopher S. Fortune
Vice President & Secretary
On filings since 2020
No compensation reported
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.
Frequently asked questions about Fortune Family Foundation Inc
How much does Fortune Family Foundation Inc give each year?
Fortune Family Foundation Inc gave $32K across 12 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $11K across 4 grants.
What is Fortune Family Foundation Inc's typical grant size?
Fortune Family Foundation Inc's median grant in 2024 was $2,130, and its average grant was $2,688, across 12 grants on its 2024 IRS Form 990-PF.
Where does Fortune Family Foundation Inc give grants?
Fortune Family Foundation Inc gives mostly in Wisconsin: 81% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest state was Tennessee (15%). The most frequent recipient cities were Madison, WI (7 grants).
Does Fortune Family Foundation Inc give general operating support?
Not in 2024: none of the 12 grants with a stated purpose on Fortune Family Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support. Recurring purposes include "Support Charitable Activities" (12 grants).
Who are Fortune Family Foundation Inc's largest grantees?
Fortune Family Foundation Inc's largest 2024 grantees include Black Men Coalition of Dane County ($6,000), St Jude Children Research Hospital ($5,000) and Children's Dyslexia Center ($5,000), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.
How large is Fortune Family Foundation Inc?
Fortune Family Foundation Inc reported $46K in total assets on its 2024 IRS Form 990-PF. It paid out $32K in qualifying distributions that year, against a required minimum of $3K (roughly 5% of its investment assets).
What does Fortune Family Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations including community, youth, education, health, workforce development, and arts organizations; these categories describe the listed recipients, not a stated foundation focus. See mission & focus areas ↑
How do I apply for a grant from Fortune Family Foundation Inc?
The foundation states that it 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 Fortune Family Foundation Inc's EIN?
Fortune Family Foundation Inc's EIN (Employer Identification Number) is 20-2066444. IRS Form 990 filing data is available on this page for 2020–2024.
Does Fortune Family 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.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work Fortune Family Foundation Inc funds
Philanthropy, Voluntarism & Grantmaking Open opportunities, soonest deadline first.
- Nixa Affiliate Grantmaking Program Up to US $10,000 · Due October 19, 2026
- Community and School Grants $28,000 total pool; 10-15 grants expected · Due October 19, 2026
- Mary Pinola/Crescenta Valley Chamber Education Fund $500 - $5,000 for ongoing programs; up to $15,000 for Strategic Initiative Grants · Due October 19, 2026
Explore Open Grants
Browse active grant opportunities in Fortune Family Foundation Inc's focus areas in our free grants database
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