M3 Insurance Foundation Inc
M3 Insurance Foundation Inc is a public charity based in Madison, Wisconsin. Formed in 2015, the foundation makes contributions to local organizations in areas including healthcare, safety improvement, catastrophic event relief, financial education and literacy, and promotion of careers in the insurance industry.
M3 Insurance Foundation Inc at a glance
In short: M3 Insurance Foundation Inc gave $360K across 21 grants in 2024 (avg $17K), mostly in Wisconsin. 76% of 2024 grantees were new. Source: 2024 IRS Form 990.
- Annual giving (2024)
- $360,260
- +32.6% vs 2023
- Grants made (2024)
- 21
- +50.0% vs 2023
- Average grant
- $17,155
- -11.6% vs 2023
- Median grant
- $9,000
- Total assets
- $734,991
- -20.9% vs 2023
- New grantees (estimate)
- 76% first-time grantees (16 of 21, 2024; small sample)
- Primary geography
- Wisconsin (93% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990, 2024 View filing
Data from IRS Form 990, 2024; updated October 2026. New grantees are estimated by matching recipient names across years (methodology).
How to apply to M3 Insurance Foundation Inc
- How to Apply
-
The foundation has a formal grant-request application process. The available information does not specify application materials or restrictions.
- Review Cycle
- December 31 for requests being considered for 2027 gifts; the website does not specify the year for that December 31 date.
- Deadline
- December 31 for requests being considered for 2027 gifts; the website does not specify the year for that December 31…
- Next open deadline
- December 1, 2026 (M3/WASBO Safety, Security & Wellness Award)
- Contact
Mailing address: 828 John Nolen Drive, Madison, WI 53713
Phone: (800) 272-2443
Website: https://m3ins.com
Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.
Open Grants
3 open opportunities from M3 Insurance Foundation Inc
Diane M. Bauer-Wilkinson Woman in Business & Insurance Scholarship
M3 Insurance Foundation Inc
Amount
$1,000
Deadline
Deadline not published
M3 Insurance Foundation Grant
M3 Insurance Foundation Inc
Amount
Varies
Deadline
Deadline not published
M3/WASBO Safety, Security & Wellness Award
M3 Insurance Foundation Inc
Amount
$1,500
Deadline
Expected ~December
Based on past cycles
Who M3 Insurance Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top 10 recipients in 2024
The largest 2024 recipient was United Way of Dane County ($130K). Together the top 10 received $282K.
Grant Size Distribution
118 grants across all recorded years
The most common grant size was under $50K: 112 grants of 118 (95%).
Geographic Focus
Where this funder awards grants
The foundation describes its grantmaking as supporting local organizations. In 2024, 93% of grant dollars went to Wisconsin recipients and 7% to Texas recipients. Its listed 2024 grants included recipients in both states.
Grant Distribution by State
Share of 2024 grant dollars across all 21 itemized grants.
Cities
Is M3 Insurance Foundation Inc open to new grantees?
76%
first-time grantees, 2024
In 2024, 16 of 21 grantees (76%) were first-time recipients. With only 21 grantees, that is a small sample: one grantee more or less moves the share by about 5 points. First grants averaged $11K; repeat grants $36K. How we count
Medians: $9K first-time, $10K repeat.
Estimate from itemized grant lists in IRS Form 990 filings (2020–2024). 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 $104K (2021) to $463K (2022). In 2024 it made 21 grants totaling $360K.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| United Way of Dane County Madison, WI | General Support | $129,770 |
| American Heart Association Dallas, TX | General Support | $25,000 |
| Fork Farms Foundation Milwaukee, WI | General Support | $25,000 |
| The Playing Field Madison, WI | General Support | $25,000 |
| Boys & Girls Club of Kenosha Kenosha, WI | General Support | $21,000 |
| United Performing Arts Fund Milwaukee, WI | General Support | $15,000 |
| Junior Achievement of Wisconsin - Northeast Region Milwaukee, WI | General Support | $12,000 |
| Lifestriders Inc Waukesha, WI | General Support | $10,000 |
| All-in-Milwaukee Inc Milwaukee, WI | General Support | $10,000 |
| Boys & Girls Clubs of the Fox Valley Appleton, WI | General Support | $9,000 |
Ready to take the next step with M3 Insurance Foundation Inc?
Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2024 | $734,991 | $432,589 | $462,332 | $360,260 | 21 | $9,476 |
| 2023 | $929,179 | $479,213 | $328,713 | $271,737 | 14 | $13,755 |
| 2022 | $863,330 | $457,888 | $527,724 | $463,070 | 18 | $3,319 |
| 2021 | $676,549 | $386,523 | $213,601 | $103,500 | 8 | $14,003 |
| 2020 | $522,233 | $339,993 | $337,840 | $326,000 | 57 | $204 |
Research compiled by Grantable AI from public sources. Last updated October 2026.
Mission & Focus Areas
The foundation’s stated mission is to promote charitable attitudes among employees at M3 Solutions, Inc. Its program description says it donates to local organizations working in healthcare, safety improvement, catastrophic event relief, financial education and literacy, and promotion of insurance careers. The foundation’s website further describes these areas as improving or providing medical services; developing financial skills; educating people about risk management and the insurance industry or providing related career opportunities; and enhancing safety, reducing risk, or assisting communities affected by disasters.
Examples of supported organizations illustrate a range of grantee missions. United Way of Dane County describes its mission as uniting the community to achieve measurable results that change lives. The Playing Field says it works to break barriers that low-income families face in accessing high-quality early care and education. The Boys & Girls Club of Kenosha describes youth recreation and social activities as part of its work to build self-esteem and values and prevent gang and substance involvement. These are grantees’ stated missions, not the foundation’s.
Grantmaking
In filing year 2024, the foundation reported 21 grants totaling $360,260. Grants ranged from $5,490 to $129,770, with a median of $9,000. The listed grants were for general support. The largest awards included $129,770 to United Way of Dane County in Madison; $25,000 each to American Heart Association in Dallas, Fork Farms Foundation in Milwaukee, and The Playing Field in Madison; and $21,000 to Boys & Girls Club of Kenosha.
The foundation says it has a formal application process and that most grants are application-based. Board members may also recommend grantees based on their community contributions. Its website says requests are being considered for gifts made in 2027, with notification to applicants scheduled for March 1, 2027.
A separate M3/WASBO Safety, Security & Wellness Award offers $1,500 to Wisconsin school districts for safety, security, or wellness efforts. Its listed December 1, 2026 deadline is in the past as of October 2, 2026.
Leadership & Key People
Leadership team and compensation from IRS filings
The 2024 filing lists Elizabeth Dettman as president; Bec Kurzynske as secretary; and Melissa Seyffer as treasurer. Directors listed are Megan Belter, Jesse Maas, Justin Rixie, Candice Roth, Kelsey Stacks, and Amber Seitz.
M3 Insurance Foundation Inc is led by Elizabeth Dettman, President on every filing since 2020; none of the 9 officers listed in 2024 report compensation.
Officers on the 2024 filing
Elizabeth Dettman
President
On filings since 2020
0.6 hrs/week
No compensation reported
Jesse Maas
Director
On filings since 2020
0.6 hrs/week
No compensation reported
Candice Roth
Director
On filings since 2021
0.6 hrs/week
No compensation reported
Kelsey Stacks
Director
On filings since 2021
0.6 hrs/week
No compensation reported
Amber Seitz
Director
On filings since 2022
0.6 hrs/week
No compensation reported
Justin Rixie
Director
On filings since 2023
0.6 hrs/week
No compensation reported
Megan Belter
Director
On filings since 2023
0.6 hrs/week
No compensation reported
Bec Kurzynske
Secretary
Director → Secretary, 2023
On filings since 2020
0.6 hrs/week
No compensation reported
Melissa Seyffer
Treasurer
Director → Treasurer, 2022
On filings since 2020
0.6 hrs/week
No compensation reported
Former officers (8)
- Former: Kevin Miller Termed In (2023) — Secretary
- Former: Kevin Miller (2020–2022) — Secretary
- Former: Danae Dorsey Termed In (2022) — Director
- Former: Lindsey Hamielec Termed In (2022) — Treasurer
- Former: Danae Dorsey (2020–2021) — Director
- Former: Lindsey Hamielec (2020–2021) — Treasurer
- Former: Jason D. Nordby (2020) — Director
- Former: Kelsey Lorenz (2020) — Director
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 M3 Insurance Foundation Inc
How much does M3 Insurance Foundation Inc give each year?
M3 Insurance Foundation Inc gave $360K across 21 grants in 2024, according to its 2024 IRS Form 990. In 2023 it gave $272K across 14 grants.
What is M3 Insurance Foundation Inc's typical grant size?
M3 Insurance Foundation Inc's median grant in 2024 was $9,000, and its average grant was $17,155, across 21 grants on its 2024 IRS Form 990. Organizations receiving their first grant from M3 Insurance Foundation Inc that year got $11K on average.
Where does M3 Insurance Foundation Inc give grants?
M3 Insurance Foundation Inc gives mostly in Wisconsin: 93% of the grant dollars itemized on its 2024 IRS Form 990 went to recipients there. The next largest state was Texas (7%). The most frequent recipient cities were Madison, WI (6 grants), Milwaukee, WI (6 grants), Kenosha, WI (2 grants) and Waukesha, WI (2 grants).
Does M3 Insurance Foundation Inc give general operating support?
Yes: 100% of M3 Insurance Foundation Inc's 2024 grants with a stated purpose (21 of 21) were for general or operating support, per its 2024 IRS Form 990.
Who are M3 Insurance Foundation Inc's largest grantees?
M3 Insurance Foundation Inc's largest 2024 grantees include United Way of Dane County ($129,770), American Heart Association ($25,000) and Fork Farms Foundation ($25,000), according to its 2024 IRS Form 990. Together they received 50% of its itemized 2024 grant dollars.
How large is M3 Insurance Foundation Inc?
M3 Insurance Foundation Inc reported $735K in total assets on its 2024 IRS Form 990. Its revenue that year was $433K.
What does M3 Insurance Foundation Inc fund?
The foundation’s stated mission is to promote charitable attitudes among employees at M3 Solutions, Inc. See mission & focus areas ↑
How do I apply for a grant from M3 Insurance Foundation Inc?
The foundation has a formal grant-request application process. Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑
What is M3 Insurance Foundation Inc's EIN?
M3 Insurance Foundation Inc's EIN (Employer Identification Number) is 47-4842422. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990 filings. Research dossier generated October 2026.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2020 (received by the IRS April 23, 2021)
- Updated Form 990 for fiscal year 2021 (received by the IRS October 31, 2022)
- Updated Form 990 for fiscal year 2022 (received by the IRS October 6, 2023)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 12, 2024)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 10, 2025)
- IRS filings on file for fiscal years 2020–2024
Explore Open Grants
Browse active grant opportunities in M3 Insurance Foundation Inc's focus areas in our free grants database
Similar Funders
Funders that support many of the same organizations
John Oster Family Foundation Inc
Milwaukee, WI
Assets
$1.0M
Grants
3
Total Given
$4K
Madison Gas and Electric Foundation Inc
Madison, WI
The foundation funds charitable and tax-exempt organizations, including community services and affordable workforce housing, primarily in Madison and within Madison Gas and Electric’s service territory. In 2024, grants ranged from $100 to $300,000, with a median of $2,000. It accepts applications and does not limit giving to preselected organizations.
Assets
$45.2M
Grants
217
Total Given
$1.9M
The Evjue Foundation Inc
Madison, WI
The Evjue Foundation supports religious, charitable, educational, civic, and cultural organizations, with grants spanning needs such as health, arts, housing, and community services. Its 2025 grants ranged from $6,000 to $200,000, with a median of $15,000; nearly all grant funding went to organizations in Wisconsin. The profile does not state whether it accepts unsolicited requests.
Assets
$30.3M
Grants
70
Total Given
$1.5M
Endres Manufacturing Foundation Inc
Madison, WI
The Endres Manufacturing Foundation funds local nonprofit projects and programs in education, technology, business, the environment, arts, and human services, primarily in the Waunakee–Madison–Dane County area. Recent grants ranged from $500 to $50,000, with a median of $5,000. It is not accepting applications in 2026; applications are expected to reopen in 2027, focused on programs and projects for kids.
Assets
$6.1M
Grants
56
Total Given
$444K
United Way of Dane County Inc
Madison, WI
United Way of Dane County funds nonprofit health and human services programs serving Dane County residents, with priorities including youth opportunity, financial security, healthy communities and community resiliency. In 2024, grants ranged from $5,077 to $1,203,675, with a median of $20,367; the available information does not state whether it accepts unsolicited requests.
Assets
$21.9M
Grants
132
Total Given
$11.4M
Herbert H Kohl Charities Inc
Milwaukee, WI
Herbert H Kohl Charities funds charitable organizations, with its affiliated philanthropy emphasizing education, civic engagement, and community initiatives in Milwaukee and Wisconsin; most 2025 grant dollars went to Wisconsin recipients. Grants ranged from $1,000 to $2 million, with a median of $5,000, and Homegrown Grants offer up to $5,000. It makes contributions only to preselected charities and does not accept unsolicited requests.
Assets
$3.6M
Grants
258
Total Given
$14.2M
More similar funders
More Funders in Wisconsin
Cite this profile
Grantable. (2026). M3 Insurance Foundation Inc funder profile. GrantGraph. Retrieved October 11, 2026, from https://grantable.co/funders/m3-insurance-foundation-inc-morg_b4495ad85cdd48de98598458fa23c2e8
BibTeX
@misc{grantable_474842422_2026,
author = {{Grantable}},
title = {{M3 Insurance Foundation Inc funder profile}},
howpublished = {GrantGraph},
year = {2026},
url = {https://grantable.co/funders/m3-insurance-foundation-inc-morg_b4495ad85cdd48de98598458fa23c2e8},
note = {Accessed 2026-10-11. 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 M3 Insurance 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.
M3 Insurance Foundation Inc down — hundreds of funders to go?