Greater Wausau Prosperity Partnership L

Private foundation · Grantmaker Wausau, WI EIN: 23-7117237

Greater Wausau Prosperity Partnership L is a private foundation, based in Wausau, WI. IRS filing data is available from 2019 through 2025. As of 2025, the organization holds $6.9M in total assets. In 2025, it awarded 2 grants totaling $592K.

Key facts about Greater Wausau Prosperity Partnership L

In short: Greater Wausau Prosperity Partnership L gave $592K across 2 grants in 2025 (avg $296K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.

EIN
23-7117237
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$591,682
Grants made (2025)
2
Average grant
$295,841
Median grant
$295,841
Total assets
$6,933,573
Primary geography
Wisconsin (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$6.9M

+6.9% YoY

Annual Giving

$592K

+4.8% YoY

Grant Count

2

+0.0% YoY

Avg Grant Size

$296K

+4.8% YoY

How Greater Wausau Prosperity Partnership L gives

  • Giving grew 62% from 2022 to 2025. Method
  • In 2024 it paid out well above its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

Wausau

Giving Over Time

Total grant dollars and number of grants per year

$0$250K$500K$750K$1M4 grants2019 3 grants2021 2 grants2022 2 grants2023 2 grants2024 2 grants2025

From 2019 to 2025, annual grant giving ranged from $177K (2019) to $915K (2023). In 2025 it made 2 grants totaling $592K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

Wausau Area Chamber of Commerce Inc: $592K across 2 grantsWausau Area Chamber ofCommerce Inc$592K · 2 grants

The largest 2025 recipient was Wausau Area Chamber of Commerce Inc ($592K across 2 grants).

Grant Size Distribution

11 grants across all recorded years

1<$50K4$50–100K2$100–250K3$250–500K1$500K–1M$1–5M$5M+

The most common grant size was in the $50–100K range: 4 grants of 11 (36%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Wausau Area Chamber of Commerce Inc Wausau, WISupports execution of the greater wausau economic development strategicplan$360,000
Wausau Area Chamber of Commerce Inc Wausau, WISupports hiring an economic development specialist to support the creation of an economic development partnership that will manage the execution of the greater wausau economic development strategic plan supporting business growth in the region.$231,682

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$500K$1M$1.5M$2M2019 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$6,933,573$6,487,504$4,612,407
Revenue$857,677$-208,236$54,467
Expenses$967,182$891,173$1,065,943
Qualifying Distributions$967,182$794,589$1,031,269
Distributable Amount—$247$5,916

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2019 (received by the IRS January 14, 2020)
  2. Updated Form 990-PF for fiscal year 2022 (received by the IRS April 5, 2024)
  3. Added Form 990-PF for fiscal year 2025 (received by the IRS July 15, 2026)
  4. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

Greater Wausau Prosperity Partnership L is led by Matthew Rowe, President since 2023 (on filings since 2022); none of the 6 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Matthew Rowe

    President

    Chair → President, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Renae Krings

    Secretary & Assistant Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Scott Cattanach

    Treasurer

    On filings since 2021

    1 hr/week

    No compensation reported

  • Chad Kane

    Vice President

    Vice Chair → Vice President, 2023

    On filings since 2022

    1 hr/week

    No compensation reported

  • Christopher Ghidorzi

    Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

  • Richard Totzke

    Vice President

    On filings since 2023

    1 hr/week

    No compensation reported

Former officers (25)
  • Former: Chris Ghidorzi (2019–2022) — Director
  • Former: Dave Eckman (2019–2022) — President
  • Former: John Skoug (2021–2022) — Director
  • Former: Mary Jo Johnson (2021–2022) — Director
  • Former: Michael Loy (2021–2022) — Director
  • Former: Nicole Williams (2021–2022) — Director
  • Former: Paul Lapree (2021–2022) — Director
  • Former: Will Hsu (2021–2022) — Director
  • Former: Jennifer Hardel (2022) — Director
  • Former: Matthew Heywood (2022) — Director
  • Former: Rich Totzke (2022) — Director
  • Former: Richard Poirier (2022) — Director
  • Former: Jeannie Worden (2019–2021) — Chamber Representative
  • Former: Jeny Nieuenhuis (2021) — Director
  • Former: Jim McIntyre (2021) — Chair
  • Former: Matt Heywood (2021) — Director
  • Former: Matt Rowe (2021) — Vice Chair
  • Former: Rich Poirier (2021) — Director
  • Former: Ann Lucas (2019) — Director
  • Former: Cory Heckendorf (2019) — Chamber Representative
  • Former: Darrell Lentz (2019) — Chamber Representative
  • Former: Lisa Westphal (2019) — Director
  • Former: Lori Weyers (2019) — Vice President
  • Former: Paul Jones (2019) — Treasurer
  • Former: Randy Balk (2019) — President

Data from IRS Form 990 filings, 2019–2025. "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 Greater Wausau Prosperity Partnership L

How much does Greater Wausau Prosperity Partnership L give each year?

Greater Wausau Prosperity Partnership L gave $592K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $564K across 2 grants.

How large is Greater Wausau Prosperity Partnership L?

Greater Wausau Prosperity Partnership L reported $6.9M in total assets on its 2025 IRS Form 990-PF. Its revenue that year was $858K.

Where does Greater Wausau Prosperity Partnership L operate?

Greater Wausau Prosperity Partnership L has awarded grants in Wisconsin.

What is Greater Wausau Prosperity Partnership L's EIN?

Greater Wausau Prosperity Partnership L's EIN (Employer Identification Number) is 23-7117237. IRS Form 990 filing data is available on this page for 2019–2025.

Data last updated September 2026. Sourced from IRS Form 990-PF filings.

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