It's Possible Foundation Inc
It's Possible Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Madison, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 13 grants totaling $120K. Net investment income was $166K.
Key facts about It's Possible Foundation Inc
- EIN
- 47-5255658
- Latest 990 filing
- Form 990-PF, 2024
- Annual giving (2024)
- $120,000
- Grants made (2024)
- 13
- Average grant
- $9,231
- Median grant
- $10,000
- Total assets
- $2,762,231
- Primary geography
- Wisconsin (57% of itemized 2024 grant dollars)
Data from IRS Form 990-PF, 2024; updated September 2026.
Who It's Possible Foundation Inc funds
By grant dollars, the top recipient states for It's Possible Foundation Inc's 13 itemized 2024 grants were Wisconsin (57%), Indiana (33%) and Virginia (8%). The most frequent recipient cities were Monroe, WI (3 grants). None of its 13 grants with a stated purpose were described as general or operating support.
How It's Possible Foundation Inc gives
- 77% of 2024 grantees were also funded in 2023. Method
- Giving grew 257% from 2021 to 2024. Method
- In 2024 it paid out 91% of its IRS minimum distribution (the 5% rule). Foundations have until the end of the next year to meet it. Method
Estimate from itemized IRS Form 990-PF grant lists (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Next steps with It's Possible Foundation Inc
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Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$2.8M
+7.3% YoY
Annual Giving
$120K
+4.3% YoY
Grant Count
13
+0.0% YoY
Avg Grant Size
$9K
+4.3% YoY
Under IRS private-foundation payout rules, It's Possible Foundation Inc reported a distributable amount of $133K for 2024 — the minimum it must pay out in qualifying distributions.
About It's Possible Foundation Inc
Based on IRS filings
It's Possible Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Madison, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $2.8M in total assets. In 2024, it awarded 13 grants totaling $120K. Net investment income was $166K.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of all 13 itemized 2024 grant dollars.
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $2,762,231 | $2,574,730 | $2,252,617 |
| Revenue | $179,858 | $107,662 | $72,994 |
| Expenses | $133,647 | $123,520 | $89,522 |
| Qualifying Distributions | $120,122 | $115,628 | $72,918 |
| Net Investment Income | $166,333 | $99,770 | $62,699 |
| Distributable Amount | $132,620 | $119,763 | $116,503 |
Data update history
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
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
41 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest recipients include Diabetes Youth Foundation of Indiana ($25,000), Habitat for Humanity of Wisconsin River Area ($20,000), SS Peter and Paul Cathedral Indianapolis Inc ($15,000).
| Recipient | Purpose | Amount |
|---|---|---|
| DIABETES YOUTH FOUNDATION OF INDIANA Noblesville, IN | ENCOURAGE, EMPOWER AND SUPPORT CHILDREN AND TEENS WITH T1D | $25,000 |
| HABITAT FOR HUMANITY OF WISCONSIN RIVER AREA Baraboo, WI | ELIMINATING SUBSTANDARD HOUSING AND HOMELESSNESS | $20,000 |
| SS PETER AND PAUL CATHEDRAL INDIANAPOLIS INC Indianapolis, IN | SUNDAY CATHEDRAL SOUP KITCHEN | $15,000 |
| ASSOCIATION FOR THE RIGHTS OF CITIZENS WITH HANDICAPS INC (ARCH) Waukesha, WI | DISABILITY SUPPORT | $10,000 |
| BOYS AND GIRLS CLUB OF WEST CENTRAL WISCONSIN INC Reedsburg, WI | REEDSBURG BOYS & GIRLS CLUB | $10,000 |
| CHEMICAL EDUCATION FOUNDATION Arlington, VA | SCIENCE EDUCATION | $10,000 |
| GREEN CARES FOOD PANTRY Monticello, WI | FOOD FOR LOW-INCOME FAMILIES IN GREEN COUNTY | $10,000 |
| HABITAT FOR HUMANITY OF GREEN COUNTY Monroe, WI | ELIMINATING SUBSTANDARD HOUSING AND HOMELESSNESS | $10,000 |
| GREEN COUNTY HUMANE SOCIETY Monroe, WI | ADVOCACY FOR THE LIVES OF COMPANION ANIMALS | $5,000 |
| JDRF INTERNATIONAL Menasha, WI | JUVENILE DIABETES RESEARCH | $2,000 |
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
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Theresa Dvorak | President/Treasurer/Director | 1 | — |
| Carl Dvorak | Vice President/Director | 1 | — |
| Alyssa Dvorak | Secretary | 1 | — |
| Bob Sorge | Director | 1 | — |
| David Reinecke | Director | 1 | — |
| David Northcutt | Director | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is It's Possible Foundation Inc?
It's Possible Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in Madison, WI. It holds $2.8M in total assets as of 2024.
How large is It's Possible Foundation Inc?
As of 2024, It's Possible Foundation Inc holds $2.8M in total assets with $180K in annual revenue. It awarded 13 grants totaling $120K in 2024.
Where does It's Possible Foundation Inc operate?
It's Possible Foundation Inc has awarded grants in Indiana, Maryland, Nevada, Utah, Virginia, Wisconsin.
What size grants does It's Possible Foundation Inc award?
In 2024, It's Possible Foundation Inc awarded 13 grants totaling $120K — an average of about $9K per grant, based on its IRS Form 990 filings.
How much is It's Possible Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, It's Possible Foundation Inc reported a distributable amount of $133K on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is It's Possible Foundation Inc's EIN?
It's Possible Foundation Inc's EIN (Employer Identification Number) is 47-5255658. 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.