Gene & Ruth Posner Foundation Inc

MILWAUKEE, WI EIN: 39-6050150

The Gene & Ruth Posner Foundation is a private family foundation established in 1963 and based in Milwaukee, Wisconsin. The foundation makes grants in educational, civic, medical, and religious fields, with a particular focus on supporting local efforts in the Greater Milwaukee area and beyond.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$368K

-1.3% YoY

Grant Count

46

-20.7% YoY

Avg Grant Size

$8K

+24.4% YoY

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

Mission & Focus Areas

The foundation supports grants in the following areas:

  • Education — including legal education, literacy programs, and colleges
  • Civic causes — including organizations serving disadvantaged youth
  • Arts and culture — including theater organizations and museums
  • Health — including cancer centers and hospitals
  • Religion — including Jewish causes and religious organizations
  • General operations — supporting the operational needs of grantee organizations

Grantmaking

The foundation does not accept unsolicited grant requests. Prospective applicants are encouraged to network with previous grantees or contact the foundation directly to understand its grantmaking approach.

Grant Range

$2,500–$3,000

How to Apply

**

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Geographic Focus

Where this funder awards grants

The foundation primarily funds organizations in Wisconsin, with a particular emphasis on the Greater Milwaukee area. However, grants have also been made to organizations in California and New York.

Grant Distribution by State

9states
+1 more states

Cities

BAYSIDEBELLEVUEBOSTONDENVEREVERGREENFOX POINTIDAHO SPRINGSKINGSTONLAKEWOODLOS ANGELESLOWELLMADISONMILWAUKEENEW BEDFORDNEW ORLEANSNEW YORKPASADENAPLYMOUTHSANTA MONICASTOCKBRIDGE

Financial History

Multi-year comparison from IRS filings

As of 2024:

  • Total assets: $5,932,899
  • Total revenue: $1,021,863
  • Total expenses: $503,138
  • Net assets: $5,932,899
  • Investment income and dividends: $160,004
  • Total liabilities: $0

Historical Assets:

  • 2023: $5.4 million
  • 2022: $5.6 million

Giving Rate: Approximately 6.1% of assets annually

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120202021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$102K$204K$306K$408K55 grants202057 grants202159 grants202258 grants202346 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

MARQUETTE UNIVERSITY LAW$75KSHARP LITERACY INC$35KMEDICAL COLLEGE OF WISCO…$30KHUNGER TASK FORCE$20KTOOLS FOR PEACE$20KCOLLEGE POSSIBLE$15KDISCOVERY WORLD AT PIER …$15KMILWAUKEE BALLET$12KMILWAUKEE SYMPHONY ORCHE…$12KAMERICAN JEWISH WORLD SE…$10K

Grant Size Distribution

246 grants across all recorded years

241<$50K5$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Marquette University Law ($75,000), Sharp Literacy Inc ($35,000), Medical College of Wisconsin Eye Institute ($30,000).

RecipientPurposeAmount
ACTS HOUSING MILWAUKEE, WIGENERAL OPERATIONS$4,000
ALS ASSOCIATION - WISCONSIN CHAPTER WAUWATOSA, WIGENERAL OPERATIONS$2,000
ALVERNO COLLEGE MILWAUKEE, WIGENERAL OPERATIONS$2,500
AMERICAN JEWISH WORLD SERVICES NEW YORK, NYGENERAL OPERATIONS$10,000
BIG BROTHERS BIG SISTERS OF METRO MILWAUKEE INC MILWAUKEE, WIGENERAL OPERATIONS$2,500
BOYS AND GIRLS CLUB OF MILWAUKEE MILWAUKEE, WIGENERAL OPERATIONS$5,000
CENTRO DE LA COMMUNIDAD UNITED COMMUNITY CENTER MILWAUKEE, WIGENERAL OPERATIONS$7,500
COA YOUTH & FAMILY CENTERS MILWAUKEE, WIGENERAL OPERATIONS$2,500
COLLEGE POSSIBLE MILWAUKEE, WIGENERAL OPERATIONS$15,000
CORO SOUTHERN CALIFORNIA LOS ANGELES, CAGENERAL OPERATIONS$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

The foundation is managed by a board of family members and is administered through Gimbel Reilly Guerin & Brown, a Milwaukee-based law firm. Board members include:

  • Joshua L. Gimbel — President, Treasurer, Board Member
  • Tod I. Gimbel — Vice President, Board Member
  • Barbara P. Ward — Secretary, Board Member
  • Frederic Posner — Board Member
  • Abby Posner — Board Member

Josh Gimbel, grandson of Gene and Ruth Posner, is actively involved in carrying out the foundation's charitable activities.

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
TOD I GIMBELVICE PRESIDENT/BOARD MEMBER1
BARBARA P WARDSECRETARY/BOARD MEMBER1
JOSHUA L GIMBELPRESIDENT/TREASURER/BOARD MEMBER2
FREDERIC POSNERBOARD MEMBER0.5
ABBY POSNERBOARD MEMBER0.5

Contact Information

Address: 330 E Kilbourn Ave, Suite 1170 Milwaukee, WI 53202-3146

Telephone: 414-224-3648

EIN: 39-6050150

Tax-Exempt Status: 501(c)(3) organization, tax-exempt since June 1963

Frequently Asked Questions

What does Gene & Ruth Posner Foundation Inc fund?

The foundation supports grants in the following areas: • **Education** — including legal education, literacy programs, and colleges • **Civic causes** — including organizations serving disadvantaged youth • **Arts and culture** — including theater organizations and museums • **Health** — including cancer centers and hospitals • **Religion** — including Jewish causes and religious organizations • **General operations** — supporting the operational needs of grantee organizations

How do I apply for a grant from Gene & Ruth Posner Foundation Inc?

**Grant Characteristics:** • Typical award range: $250–$75,000 • Median grant size: $2,500–$3,000 • Recent annual grant activity: 45–58 grants per year • Total annual giving: approximately $362,000–$392,000 **Application Process:** The foundation does not accept unsolicited grant requests. Prospective applicants are encouraged to network with previous grantees or contact the foundation directly to understand its grantmaking approach. **Recent Grantees:** Past recipients include: • Sharp Literac…

Where does Gene & Ruth Posner Foundation Inc make grants?

The foundation primarily funds organizations in Wisconsin, with a particular emphasis on the Greater Milwaukee area. However, grants have also been made to organizations in California and New York.

What size grants does Gene & Ruth Posner Foundation Inc award?

In 2024, Gene & Ruth Posner Foundation Inc awarded 46 grants totaling $368K — an average of about $8K per grant, based on its IRS Form 990 filings.

What is Gene & Ruth Posner Foundation Inc's EIN?

Gene & Ruth Posner Foundation Inc's EIN (Employer Identification Number) is 39-6050150. IRS Form 990 filing data is available on this page for 2020–2024.

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

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