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.
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
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 |
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 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 |
|---|---|---|
| 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 |
| DIABETES YOUTH FOUNDATION OF INDIANA NOBLESVILLE, IN | ENCOURAGE, EMPOWER AND SUPPORT CHILDREN AND TEENS WITH T1D | $25,000 |
| GREEN CARES FOOD PANTRY MONTICELLO, WI | FOOD FOR LOW-INCOME FAMILIES IN GREEN COUNTY | $10,000 |
| GREEN COUNTY HUMANE SOCIETY MONROE, WI | ADVOCACY FOR THE LIVES OF COMPANION ANIMALS | $5,000 |
| HABITAT FOR HUMANITY OF GREEN COUNTY MONROE, WI | ELIMINATING SUBSTANDARD HOUSING AND HOMELESSNESS | $10,000 |
| HABITAT FOR HUMANITY OF WISCONSIN RIVER AREA BARABOO, WI | ELIMINATING SUBSTANDARD HOUSING AND HOMELESSNESS | $20,000 |
| JDRF INTERNATIONAL MENASHA, WI | JUVENILE DIABETES RESEARCH | $2,000 |
| LITERACY COUNCIL OF GREEN COUNTY LTD MONROE, WI | LITERACY FOR ADULT LEARNERS IN GREEN COUNTY | $1,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 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.
Explore Open Grants
Browse active grant opportunities in It's Possible Foundation Inc's focus areas in our free grants database
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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