Incrediblebank Foundation Inc
IncredibleBank Foundation Inc is a corporate foundation based in Wausau, Wisconsin, established in 2016. As a company-sponsored foundation, it operates as a 501(c)(3) private grantmaking organization with a mission to support community development and nonprofit agencies serving vulnerable populations in its service areas.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$143K
+18.2% YoY
Annual Giving
$376K
-7.6% YoY
Grant Count
29
-14.7% YoY
Avg Grant Size
$13K
+8.3% YoY
Under IRS private-foundation payout rules, Incrediblebank Foundation Inc reported a distributable amount of $18K for 2024 — the minimum it must pay out in qualifying distributions.
Mission & Focus Areas
The foundation supports organizations involved with:
- Education
- Health
- Hunger and food security
- Human services
- Community and economic development
The foundation emphasizes capital campaigns, general donations, scholarships, and food pantry support. It also supports United Way programming related to health, education, and income.
Grantmaking
The foundation made 35 grants in 2024. Typical grant awards range from $500 to $83,334.
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Geographic Focus
Where this funder awards grants
The foundation primarily funds organizations in:
- Wisconsin (primary focus)
- Michigan
- Florida
Specific communities served include Wausau, Schofield, Minocqua, Eagle River, Tomahawk, Houghton, Madison, and Merrill in Wisconsin, as well as Cape Coral, Florida.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
As of 2024:
- Total Assets: $143,015
- Total Revenues: $402,000
- Total Expenses: $380,022
- Total Liabilities: $0
As of 2023:
- Total Assets: $121,000
- Total Revenues: $424,000
- Total Expenses: $411,000
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $143,015 | $121,037 | $107,629 |
| Revenue | $402,000 | $424,000 | $425,200 |
| Expenses | $380,022 | $410,592 | $416,944 |
| Qualifying Distributions | $380,022 | $410,592 | $416,944 |
| Net Investment Income | — | — | — |
| Distributable Amount | $18,074 | $13,144 | $13,028 |
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
172 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Farming for the Future Foundation Inc ($83,333), Howard Young Foundation Inc ($34,000), Dc Everest Education Foundation ($33,333).
| Recipient | Purpose | Amount |
|---|---|---|
| ASPIRUS HEALTH FOUNDATION WAUSAU, WI | GENERAL DONATION | $4,000 |
| BOYS & GIRLS CLUB OF THE WAUSAU AREA WAUSAU, WI | PRAIRIE RIVER MIDDLE SCHOOL SITE | $10,000 |
| BRIDGE STREET MISSION WAUSAU, WI | CAPITAL CAMPAIGN | $5,000 |
| CASA OF MARATHON COUNTY WAUSAU, WI | IT INFRASTRUCTURE | $5,000 |
| DC EVEREST EDUCATION FOUNDATION SCHOFIELD, WI | GREENHECK TURNER COMMUNITY CENTER | $33,333 |
| FARMING FOR THE FUTURE FOUNDATION INC PLOVER, WI | FOOD + FARM EXPLORATION CENTER CAPITAL CAMPAIGN | $83,333 |
| FIRST PRESBYTERIAN CHURCH OF WAUSAU WAUSAU, WI | FACILITY IMPROVEMENTS | $3,006 |
| GUARDIAN ANGELS FOR SPECIAL POPULATIONS CAPE CORAL, FL | ACCESSIBLE EXERCISE EQUIPMENT | $10,000 |
| HOWARD YOUNG FOUNDATION INC MINOCQUA, WI | SEASON OF LIFE GARDEN FUND AND LAKELAND STAR FUNDRAISER | $34,000 |
| JUNIOR ACHIEVEMENT OF WISCONSIN-NORTHCENTRAL DISTRICT WAUSAU, WI | FINANCIAL LITERACY PROGRAMMING IN NORTH CENTRAL WI | $2,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| GREG NICKLAUS | PRESIDENT | 1 | — |
| TODD NICKLAUS | VICE PRESIDENT AND TREASURER | 1 | — |
| TODD NAGEL | SECRETARY | 1 | — |
| MICHAEL NICKLAUS | DIRECTOR | 0.5 | — |
| TANNER NICKLAUS | DIRECTOR | 0.5 | — |
Recent News & Activity
Recent developments and announcements
The foundation has demonstrated active grantmaking in 2024-2025, including:
Supporting The Hagar House's expansion of safe parking and transitional housing for single mothers facing homelessness (2025)
Awarding $18,000 to CLK schools for scoreboard replacement (2024)
IncredibleBank Foundation awards $18K grant to CLK schools for scoreboardDonating $75,000 to promote broadband expansion in service areas
IncredibleBank donates $7,5000 to promote broadband expansion - Vilas CountyPartnering with Feeding America to address hunger in communities
Contact Information
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Incrediblebank Foundation Inc fund?
The foundation supports organizations involved with: • Education • Health • Hunger and food security • Human services • Community and economic development The foundation emphasizes capital campaigns, general donations, scholarships, and food pantry support. It also supports United Way programming related to health, education, and income.
How do I apply for a grant from Incrediblebank Foundation Inc?
**Grant Activity:** The foundation made 35 grants in 2024. Typical grant awards range from $500 to $83,334. **Recent Notable Grants (2024-2025):** • Farming for the Future Foundation: $83,333 (Food + Farm Exploration Center Capital Campaign) • DC Everest Education Foundation: $33,333 (Greenheck Turner Community Center) • Howard Young Foundation: $34,000 (Season of Life Garden Fund and Lakeland Star Fundraiser) • The Hagar House: $25,000 (2025, safe parking and transitional housing for single mo…
Where does Incrediblebank Foundation Inc make grants?
The foundation primarily funds organizations in: • Wisconsin (primary focus) • Michigan • Florida Specific communities served include Wausau, Schofield, Minocqua, Eagle River, Tomahawk, Houghton, Madison, and Merrill in Wisconsin, as well as Cape Coral, Florida.
What size grants does Incrediblebank Foundation Inc award?
In 2024, Incrediblebank Foundation Inc awarded 29 grants totaling $376K — an average of about $13K per grant, based on its IRS Form 990 filings.
How much is Incrediblebank Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, Incrediblebank Foundation Inc reported a distributable amount of $18K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is Incrediblebank Foundation Inc's EIN?
Incrediblebank Foundation Inc's EIN (Employer Identification Number) is 81-1465995. IRS Form 990 filing data is available on this page for 2020–2024.
Explore Open Grants
Browse active grant opportunities in Incrediblebank Foundation Inc's focus areas in our free grants database
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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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