It's Possible Foundation Inc
It's Possible Foundation Inc is a private foundation based in Madison, Wisconsin. It reported giving $120,000 through 13 grants in 2024 to charitable organizations, with listed grant purposes spanning support for children and teens with type 1 diabetes, housing, food assistance, disability support, education, and other community services.
It's Possible Foundation Inc at a glance
In short: It's Possible Foundation Inc gave $120K across 13 grants in 2024 (avg $9K), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $120,000
- +4.3% vs 2023
- Grants made (2024)
- 13
- +0.0% vs 2023
- Average grant
- $9,231
- +4.3% vs 2023
- Median grant
- $10,000
- Total assets
- $2,762,231
- +7.3% vs 2023
- Primary geography
- Wisconsin (57% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to It's Possible Foundation Inc
- Accepts unsolicited proposals
- No
- How to Apply
-
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds.
- Contact
Mailing address: 150 E Gilman Street 5000, Madison, WI 53703
Phone: (608) 777-4649
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Who It's Possible Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was Diabetes Youth Foundation of Indiana ($25K). Together the top 10 received $117K.
Grant Size Distribution
41 grants across all recorded years
The most common grant size was under $50K: 41 grants of 41 (100%).
Geographic Focus
Where this funder awards grants
In 2024, grant dollars were distributed among recipients in Wisconsin (57%), Indiana (33%), Virginia (8%), Nevada (1%), and Utah (1%).
Grant Distribution by State
Share of 2024 grant dollars across all 13 itemized grants.
Cities
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 grant lists in IRS Form 990-PF filings (2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $4K (2020) to $120K (2024). In 2024 it made 13 grants totaling $120K.
Grants by year
Grant recipients and amounts by year
| 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 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $2,762,231 | $179,858 | $133,647 | $120,000 | 13 | $120,122 | $166,333 | $132,620 |
| 2023 | $2,574,730 | $107,662 | $123,520 | $115,000 | 13 | $115,628 | $99,770 | $119,763 |
| 2022 | $2,252,617 | $72,994 | $89,522 | $71,454 | 9 | $72,918 | $62,699 | $116,503 |
| 2021 | $2,688,540 | $274,093 | $51,059 | $33,638 | 5 | $40,720 | $266,019 | $117,896 |
| 2020 | $2,337,165 | $65,847 | $41,625 | $4,000 | 1 | — | $78,251 | $85,681 |
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.
Research compiled by Grantable AI from public sources. Last updated September 2026.
Mission & Focus Areas
No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including diabetes support and research, housing, food access, disability services, youth programs, science and adult literacy education, animal welfare, and the arts.
The grantees describe their own work as follows: Diabetes Youth Foundation of Indiana says its mission is to educate, encourage, and empower children living with type 1 diabetes while supporting their families. Green Cares Food Pantry says it serves low-income Green County households with nutritious food and links household members to employment opportunities and community resources. Green County Humane Society says it provides shelter, food, and veterinary services for homeless animals until they find new homes. Signature Productions says it provides young performers and arts technicians opportunities to develop their abilities with guidance from veterans. Tuacahn Center for the Arts says it aims to entertain and enlighten the public through arts and education.
Grantmaking
In 2024, the foundation reported 13 grants totaling $120,000. Grant amounts ranged from $1,000 to $25,000, with a median of $10,000.
Among the reported grants, Diabetes Youth Foundation of Indiana received $25,000; Habitat for Humanity of Wisconsin River Area received $20,000; SS Peter and Paul Cathedral Indianapolis received $15,000; and Association for the Rights of Citizens with Handicaps, Boys and Girls Club of West Central Wisconsin, Chemical Education Foundation, Green Cares Food Pantry, and Habitat for Humanity of Green County each received $10,000. Other reported grants included $5,000 to Green County Humane Society, $2,000 to JDRF International, and $1,000 each to Literacy Council of Green County and Signature Productions. Tuacahn Center for the Arts also received $1,000 in 2024.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Theresa Dvorak as president, treasurer, and director; Carl Dvorak as vice president and director; Alyssa Dvorak as secretary; and Bob Sorge, David Reinecke, and David Northcutt as directors.
It's Possible Foundation Inc is led by Theresa Dvorak, President, Treasurer & Director on every filing since 2020; none of the 6 officers listed in 2024 report compensation.
Officers on the 2024 filing
Theresa Dvorak
President, Treasurer & Director
On filings since 2020
1 hr/week
No compensation reported
Bob Sorge
Director
On filings since 2020
1 hr/week
No compensation reported
Carl Dvorak
Vice President & Director
On filings since 2020
1 hr/week
No compensation reported
David Northcutt
Director
On filings since 2020
1 hr/week
No compensation reported
David Reinecke
Director
On filings since 2020
1 hr/week
No compensation reported
Alyssa Dvorak
Secretary
On filings since 2020
1 hr/week
No compensation reported
Data from IRS Form 990 filings, 2020–2024. "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 It's Possible Foundation Inc
How much does It's Possible Foundation Inc give each year?
It's Possible Foundation Inc gave $120K across 13 grants in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $115K across 13 grants.
What is It's Possible Foundation Inc's typical grant size?
It's Possible Foundation Inc's median grant in 2024 was $10,000, and its average grant was $9,231, across 13 grants on its 2024 IRS Form 990-PF.
Where does It's Possible Foundation Inc give grants?
It's Possible Foundation Inc gives mostly in Wisconsin: 57% of the grant dollars itemized on its 2024 IRS Form 990-PF went to recipients there. The next largest states were Indiana (33%) and Virginia (8%). The most frequent recipient cities were Monroe, WI (3 grants).
Does It's Possible Foundation Inc give general operating support?
Not in 2024: none of the 13 grants with a stated purpose on It's Possible Foundation Inc's 2024 IRS Form 990-PF were described as general or operating support.
Who are It's Possible Foundation Inc's largest grantees?
It's Possible Foundation Inc's largest 2024 grantees include Diabetes Youth Foundation of Indiana ($25,000), Habitat for Humanity of Wisconsin River Area ($20,000) and SS Peter and Paul Cathedral Indianapolis Inc ($15,000), according to its 2024 IRS Form 990-PF. Together they received 50% of its itemized 2024 grant dollars.
How large is It's Possible Foundation Inc?
It's Possible Foundation Inc reported $2.8M in total assets on its 2024 IRS Form 990-PF. It paid out $120K in qualifying distributions that year, against a required minimum of $133K (roughly 5% of its investment assets). Falling short in one year is not a violation: foundations have until the end of the next year to meet the minimum.
What does It's Possible Foundation Inc fund?
No mission statement for the foundation is provided. Its 2024 grants went to organizations working in areas including diabetes support and research, housing, food access, disability services, youth programs, science and adult literacy education, animal welfare, and the arts. See mission & focus areas ↑
How do I apply for a grant from It's Possible Foundation Inc?
The foundation states that it makes contributions only to preselected charitable organizations and does not accept unsolicited requests for funds. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
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.
Does It's Possible Foundation Inc accept unsolicited proposals?
No, according to Grantable's research on the foundation's published guidelines. See how to apply ↑
Data last updated October 2026. Sourced from IRS Form 990-PF filings. Research dossier generated September 2026.
Data update history
(1)
When this profile's IRS filing data changed on Grantable
- IRS filings on file for fiscal years 2020–2024
Live grants for the work It's Possible Foundation Inc funds
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Cite this profile
Grantable. (2026). It's Possible Foundation Inc funder profile. GrantGraph. Retrieved October 17, 2026, from https://grantable.co/funders/it-s-possible-foundation-inc-morg_f6f70abb179c408793d572e7e04ebb51
BibTeX
@misc{grantable_475255658_2026,
author = {{Grantable}},
title = {{It's Possible Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/it-s-possible-foundation-inc-morg_f6f70abb179c408793d572e7e04ebb51},
note = {Accessed 2026-10-17. Data licensed CC BY 4.0}
}The figures on this page are open data under CC BY 4.0: reuse them with credit to Grantable and a link. Download the data.
Figures come from It's Possible Foundation Inc's IRS filings (methodology). AI-written summaries, news items and logos are not covered by the open licence. Spot an error? Email hello@grantable.co.
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