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.
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
**
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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
States
Cities
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
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| 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
Grant Insights
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
Grant Size Distribution
100 grants across all recorded years
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).
| Recipient | Purpose | Amount |
|---|---|---|
| 128TH CIVIC DINNER DANCE INC CUDAHY, WI | General & Unrestricted | $500 |
| ABCD INC GLENDALE, WI | General & Unrestricted | $1,000 |
| ACHIEVING A BETTER COMMUNITY BERLIN, WI | to support Let Freedom Ring event | $400 |
| ACHIEVING A BETTER COMMUNITY BERLIN, WI | Light the Park tree fund | $30 |
| AIKEN BAMBERG BARNWELL EDGEFIELD REGIONAL LIBRARY AIKEN, SC | Summer reading program | $250 |
| ALBERTS DOG LOUNGE WHITEWATER, WI | General & Unrestricted | $250 |
| ALICE BAKER MEMORIAL PUBLIC LIBRARY EAGLE, WI | Eagle Nature Trail fund | $100 |
| ALICE BAKER MEMORIAL PUBLIC LIBRARY EAGLE, WI | Summer reading program | $100 |
| AMERICAN LEGION AUXILIARY FOUNDATION INC INDIANAPOLIS, IN | funds for American Legion Auxiliary - Unit 391 | $250 |
| AMERICAN LOGISTICS AID NETWORK LAKELAND, FL | General & 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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Raj Kanuru | Dir, Sec | 1 | — |
| Joe Kavalary | Dir | 1 | — |
| Rhonda Matschke | Dir, Pres | 1 | — |
| York Ragen | Dir, Treas | 1 | — |
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 DodgeThe 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 manikinsSubject 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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