Hamp Foundation Inc

Foundation · Grantmaker Milwaukee, WI EIN: 20-2059847

Hamp Foundation Inc is a private foundation focused on Education, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 10 grants totaling $202K. Net investment income was $53K.

Key facts about Hamp Foundation Inc

EIN
20-2059847
Latest 990 filing
Form 990-PF, 2024
Annual giving (2024)
$202,029
Grants made (2024)
10
Average grant
$20,203
Median grant
$22,167
Total assets
$1,733,192
Primary geography
Wisconsin (100% of itemized 2024 grant dollars)

Data from IRS Form 990-PF, 2024; updated September 2026.

Who Hamp Foundation Inc funds

By grant dollars, the top recipient states for Hamp Foundation Inc's 10 itemized 2024 grants were Wisconsin (100%). The most frequent recipient cities were Milwaukee, WI (4 grants). None of its 10 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarship" (10 grants).

How Hamp Foundation Inc gives

  • Giving held roughly steady from 2021 to 2024 (+8%). Method
  • In 2024 it paid out 306% of its IRS minimum distribution (the 5% rule). Method

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

Next steps with Hamp Foundation Inc

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

$1.7M

+11.0% YoY

Annual Giving

$202K

+3.1% YoY

Grant Count

10

+11.1% YoY

Avg Grant Size

$20K

-7.2% YoY

Under IRS private-foundation payout rules, Hamp Foundation Inc reported a distributable amount of $76K for 2024 — the minimum it must pay out in qualifying distributions.

About Hamp Foundation Inc

Based on IRS filings

Hamp Foundation Inc is a private foundation focused on Education, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $1.7M in total assets. In 2024, it awarded 10 grants totaling $202K. Net investment income was $53K.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of all 10 itemized 2024 grant dollars.

States

Cities

MilwaukeeShorewoodMequonSt FrancisWhitefish BaySouth MilwaukeeBrown DeerFranklinWauwatosaBaysideGreenfield

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$126K$252K$379K$505K20202021202220232024
Metric202420232022
Total Assets$1,733,192$1,560,985$1,374,614
Revenue$406,563$398,847$360,937
Expenses$234,356$212,476$181,424
Qualifying Distributions$233,145$212,253$181,416
Net Investment Income$52,515$44,820$6,937
Distributable Amount$76,269$67,685$59,355

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2020–2024

Giving Over Time

Total grant dollars and number of grants per year

$0$51K$101K$152K$202K11 grants202010 grants202110 grants20229 grants202310 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Corinne Wright: $29KCorinne Wright$29KMatthew Ceelen: $28KMatthew Ceelen$28KKayleeanna Thao: $25KKayleeanna Thao$25KSteven Awve: $24KSteven Awve$24KAnnika McElduff: $24KAnnika McElduff$24KPatrick Firsan: $21KPatrick Firsan$21KAbigail Gandrud: $13KAbigail Gandrud$13KMateo Vega-Rivera: $13KMateo Vega-Rivera$13KRachel Pollock: $13KRachel Pollock$13KGrace Dykeman: $12KGrace Dykeman$12K

Grant Size Distribution

50 grants across all recorded years

50<$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 recipients include Corinne Wright ($28,733), Matthew Ceelen ($27,516), Kayleeanna Thao ($25,390).

RecipientPurposeAmount
CORINNE WRIGHT Milwaukee, WISCHOLARSHIP$28,733
MATTHEW CEELEN Mequon, WISCHOLARSHIP$27,516
KAYLEEANNA THAO Milwaukee, WISCHOLARSHIP$25,390
STEVEN AWVE Wauwatosa, WISCHOLARSHIP$24,268
ANNIKA MCELDUFF Whitefish Bay, WISCHOLARSHIP$23,827
PATRICK FIRSAN Brown Deer, WISCHOLARSHIP$20,507
ABIGAIL GANDRUD Shorewood, WISCHOLARSHIP$13,436
MATEO VEGA-RIVERA Milwaukee, WISCHOLARSHIP$13,353
RACHEL POLLOCK Milwaukee, WISCHOLARSHIP$12,736
GRACE DYKEMAN Bayside, WISCHOLARSHIP$12,263

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

No officer or director reported compensation in the available filings.

From 2024 IRS filing

NameTitleHoursCompensation
Dudley J Godfrey IIIPresident/Director1—
Anna M GeysoVice President/Secretary/Director1—
Adam P GodfreyTreasurer/Director1—
Sue E ChristensenAssistant Secretary2—
Jeffrey S BillingsAssistant Secretary2—

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Hamp Foundation Inc?

Hamp Foundation Inc is a private foundation focused on Education, based in Milwaukee, WI. It holds $1.7M in total assets as of 2024.

How large is Hamp Foundation Inc?

As of 2024, Hamp Foundation Inc holds $1.7M in total assets with $407K in annual revenue. It awarded 10 grants totaling $202K in 2024.

Where does Hamp Foundation Inc operate?

Hamp Foundation Inc has awarded grants in Wisconsin.

What size grants does Hamp Foundation Inc award?

In 2024, Hamp Foundation Inc awarded 10 grants totaling $202K — an average of about $20K per grant, based on its IRS Form 990 filings.

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

Private foundations must generally distribute about 5% of their assets annually. For 2024, Hamp Foundation Inc reported a distributable amount of $76K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.

What is Hamp Foundation Inc's EIN?

Hamp Foundation Inc's EIN (Employer Identification Number) is 20-2059847. IRS Form 990 filing data is available on this page for 2020–2024.

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

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