Generac Foundation Inc logo

Generac Foundation Inc

WAUKESHA, WI EIN: 88-1928522 Website

Generac Foundation Inc is a corporate foundation based in Waukesha, Wisconsin, established in January 2023. The Foundation represents a formalization of Generac's long-standing community engagement culture and serves as a vehicle for corporate philanthropy and social responsibility. The Foundation makes grants to 501(c)(3) nonprofit organizations in communities where Generac has a significant employee presence.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$16K

-45.1% YoY

Annual Giving

$898K

+40.8% YoY

Grant Count

251

-8.4% YoY

Avg Grant Size

$4K

+53.7% YoY

Under IRS private-foundation payout rules, Generac Foundation Inc reported a distributable amount of $6K for 2024 — the minimum it must pay out in qualifying distributions.

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

Mission & Focus Areas

The Foundation's mission is to fuel communities, power possibilities, and generate goodness to strengthen communities where Generac employees live and work.

The Foundation focuses its grantmaking within four primary pillars:

Education

  • STEM skills development for K-12 students, emphasizing hands-on opportunities and skill development programs
  • Career, college, and tech school readiness through upskilling, apprenticeships, and training programs
  • Programs that generate interest in next-generation engineers, electricians, and AI-related career paths

Disaster Response

  • Support for organizations that respond to natural disasters, crises, and emergency situations
  • Disaster response, preparedness, and recovery assistance
  • Support, recognition, training, and tools for local first responders in Generac communities

Energy Resilience

  • Programs that enhance, strengthen, and diversify energy resiliency in society
  • Energy education and engagement programs for people and students

Community

  • Local community support and engagement initiatives in Generac communities

Grantmaking

Applicants must complete an online application portal. Requests can be submitted at any time, and responses are provided within 60 days. Applications are reviewed by the Donations Committee and/or Foundation Board for funding determinations.

How to Apply

**

Ready to take the next step with Generac Foundation Inc?

Geographic Focus

Where this funder awards grants

The Foundation primarily contributes to organizations based in Generac communities or that provide direct services in geographies including Generac manufacturing facilities or offices. Geographic areas of activity include Wisconsin, South Carolina, Maine, California, Texas, and numerous other states across the United States.

Grant Distribution by State

24states
+16 more states

Cities

AikenAtlantaAustinBangorBeaver DamBendBerkeleyBerlinBevaer DamBostonBrookfieldBrookhavenBurlingtonCambridgeCamp DouglasChicagoClarksburgClearwaterColumbiaColumbia Falls

Financial History

Multi-year comparison from IRS filings

As of December 2023:

  • Total Assets: $29,834
  • Total Revenue: $683,841
  • Total Expenses: $661,899
  • Total Giving: $897,925 (based on most recent IRS 990 filing)

Grant Activity:

  • 274 individual grants awarded since 2023 totaling $637,825
  • Average grant amount varies by program area
Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$254K$507K$761K$1M202220232024
Metric202420232022
Total Assets$16,387$29,834$7,892
Revenue$908,480$683,841$16,001
Expenses$921,927$661,899$8,109
Qualifying Distributions$921,920$661,335$8,000
Net Investment Income$112
Distributable Amount$5,824$720$108

Giving Over Time

Total grant dollars and number of grants per year

$0$224K$449K$673K$898K0 grants2022274 grants2023251 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

AMERICAN NATIONAL RED CR…$15KAMERICAN LOGISTICS AID N…$10KAMERICAN NATIONAL RED CR…$10KAMERICAN NATIONAL RED CR…$10KBOYS AND GIRLS CLUB OF G…$5KCITY OF WAUKESHA$5KCITY OF WAUKESHA$5KCITY OF WAUKESHA$5KBOYS & GIRLS CLUB OF JAN…$3KBOYS & GIRLS CLUB OF THE…$3K

Grant Size Distribution

100 grants across all recorded years

100<$50K$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 American National Red Cross ($15,000), American Logistics Aid Network ($10,000), American National Red Cross ($10,000).

RecipientPurposeAmount
128TH CIVIC DINNER DANCE INC CUDAHY, WIGeneral & Unrestricted$500
ABCD INC GLENDALE, WIGeneral & Unrestricted$1,000
ACHIEVING A BETTER COMMUNITY BERLIN, WIto support Let Freedom Ring event$400
ACHIEVING A BETTER COMMUNITY BERLIN, WILight the Park tree fund$30
AIKEN BAMBERG BARNWELL EDGEFIELD REGIONAL LIBRARY AIKEN, SCSummer reading program$250
ALBERTS DOG LOUNGE WHITEWATER, WIGeneral & Unrestricted$250
ALICE BAKER MEMORIAL PUBLIC LIBRARY EAGLE, WIEagle Nature Trail fund$100
ALICE BAKER MEMORIAL PUBLIC LIBRARY EAGLE, WISummer reading program$100
AMERICAN LEGION AUXILIARY FOUNDATION INC INDIANAPOLIS, INfunds for American Legion Auxiliary - Unit 391$250
AMERICAN LOGISTICS AID NETWORK LAKELAND, FLGeneral & Unrestricted$10,000

Leadership & Key People

Leadership team and compensation from IRS filings

The Foundation is led by a volunteer board:

  • Rhonda Matschke (Director, President)
  • Raj Kanuru (Director, Secretary)
  • Joe Kavalary (Director)
  • York Ragen (Director, Treasurer)

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Raj KanuruDir, Sec1
Joe KavalaryDir1
Rhonda MatschkeDir, Pres1
York RagenDir, Treas1

Recent News & Activity

Recent developments and announcements

Recent grant awards include:

**Waukesha County Technical College**: $200,000 donation for state-of-the-art EMS training manikins to support emergency medical services education

Generac Foundation donates $200K for high-tech medical manikins

**Carroll University**: $10,000 grant

**Badger Dodge Fire Department**: Grant received (amount not specified)

BDFD Receives Grant From Generac Foundation | Daily Dodge
2025

The Foundation reported that 82 youth and young adults participated in STEM programs supported by Generac and the Generac Foundation in 2025.

Generac Foundation donates $200K for high-tech medical manikins

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Generac Foundation Inc fund?

The Foundation's mission is to fuel communities, power possibilities, and generate goodness to strengthen communities where Generac employees live and work. The Foundation focuses its grantmaking within four primary pillars: **Education** • STEM skills development for K-12 students, emphasizing hands-on opportunities and skill development programs • Career, college, and tech school readiness through upskilling, apprenticeships, and training programs • Programs that generate interest in next-gen…

How do I apply for a grant from Generac Foundation Inc?

**Application Process** Applicants must complete an online application portal. Requests can be submitted at any time, and responses are provided within 60 days. Applications are reviewed by the Donations Committee and/or Foundation Board for funding determinations. **Grant Characteristics** • Typical award ranges from $30 to $200,000 • Multi-year commitments are not made • The Foundation has awarded 274 individual grants totaling $637,825 since 2023 **Eligibility Requirements** • Organizations …

Where does Generac Foundation Inc make grants?

The Foundation primarily contributes to organizations based in Generac communities or that provide direct services in geographies including Generac manufacturing facilities or offices. Geographic areas of activity include Wisconsin, South Carolina, Maine, California, Texas, and numerous other states across the United States.

What size grants does Generac Foundation Inc award?

In 2024, Generac Foundation Inc awarded 251 grants totaling $898K — an average of about $4K per grant, based on its IRS Form 990 filings.

How much is Generac Foundation Inc required to give away each year?

Private foundations must generally distribute about 5% of their assets annually. For 2024, Generac Foundation Inc reported a distributable amount of $6K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Generac Foundation Inc's EIN?

Generac Foundation Inc's EIN (Employer Identification Number) is 88-1928522. IRS Form 990 filing data is available on this page for 2022–2024.

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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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