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Madison Gas and Electric

Grantmaker Madison, WI EIN: 39-6098118 Website

MADISON GAS AND ELECTRIC is a private foundation based in Madison, Wisconsin. It supports programs of charitable and other tax-exempt organizations, predominantly in the Madison area, and has also invested in funds intended to help create affordable workforce housing units in Dane County.

Key facts about Madison Gas and Electric

In short: Madison Gas and Electric gave $1.9M across 217 grants in 2024 (avg $9K), mostly in Wisconsin. 21% of 2024 grantees were new. Source: 2024 IRS Form 990 filing.

EIN
39-6098118
Latest 990 filing
Form 990 filing, 2024
Annual giving (2024)
$1,889,194
Grants made (2024)
217
Average grant
$8,706
Median grant
$2,000
New grantees (estimate)
21% first-time grantees (43 of 208, 2024)
Primary geography
Wisconsin (97% of itemized 2024 grant dollars)
How to apply
The filing says to complete an application for funding and provide an IRS determination letter, current financial statements or the most recent audit report, a project or program budget, and minutes authorizing the… Full details ↓
Deadline
None.

Data from IRS Form 990 filing, 2024; updated September 2026. New grantees are estimated by matching recipient names across years (methodology). Application details from Grantable's research on the foundation's public materials; confirm on its website before applying.

Financial Overview

From 2024 IRS Form 990 filing · View filing

Total Assets

—

Annual Giving

$1.9M

+21.5% YoY

Grant Count

217

+10.7% YoY

Avg Grant Size

$9K

+9.7% YoY

Is Madison Gas and Electric open to new grantees?

21%

first-time grantees, 2024

In 2024, 43 of 208 grantees (21%) were first-time recipients. First grants averaged $2K; repeat grants $11K. How we count

Medians: $1K first-time, $3K repeat.

  • 59% of 2024 grantees were also funded in 2023. Method
  • Giving held roughly steady from 2021 to 2024 (+15%). Method

Estimate from itemized grant lists in IRS Form 990 filings (2019–2024). Recipient names are matched across years, so a renamed or misspelled grantee can look new; grants to individuals are left out. Methodology.

Research compiled by Grantable AI from public sources. Last updated September 2026.

Mission & Focus Areas

The foundation’s filing describes support for programs of charitable and other exempt organizations. Its 2024 grants included general support and support for community emergency assistance, arts programming, and other named purposes. It also reports investing in the Dane Workforce Housing Fund and Dane Workforce Housing Fund II to help create affordable workforce housing units in Dane County.

Grantees’ stated missions illustrate the kinds of organizations supported. United Way of Dane County says it unites the community to achieve measurable results that change lives. The Urban League of Greater Madison says it works to ensure African Americans and other community members are educated, employed, and empowered. The Boys & Girls Club of Dane County says it seeks to inspire and empower young people to reach their full potential.

Grantmaking

In 2024, the foundation’s itemized grants totaled **$1,889,194 across 217 grants**. The median grant was **$2,000**, with awards ranging from **$100 to $300,000**. The filing’s charitable-activity statement separately reports that **218 grants** were awarded during 2024.

Review Cycle

None.

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Geographic Focus

Where this funder awards grants

The filing states that grants are generally awarded to 501(c)(3) exempt organizations located within Madison Gas and Electric’s service territory, and describes its charitable support as predominantly benefiting organizations in the Madison area. In 2024, 97% of grant dollars went to Wisconsin recipients, 2% to Illinois, and 1% to Washington, D.C.; the reported share for New York was 0%.

Grant Distribution by State

13states

Share of all 217 itemized 2024 grant dollars.

Cities

MadisonMiddletonMononaFitchburgVeronaMilwaukeeWauwatosaMiltonSun PrairiePrairie Du ChienWashingtonWaunakeeElm GroveHaywardMount HorebSpring GreenNew YorkStaten IslandViroquaArlington

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M213 grants2019137 grants2020176 grants2021203 grants2022196 grants2023217 grants2024

From 2019 to 2024, annual grant giving ranged from $1.4M (2020) to $1.9M (2024). In 2024 it made 217 grants totaling $1.9M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

Energy Service Inc -: $380K across 2 grantsEnergy Service Inc -$380K · 2 grantsUnited Way of Dane County: $172K across 2 grantsUnited Way of Dane County$172K · 2 grantsUnited Way Foundation: $100KUnited Way Foundation$100KCentro Hispano of Dane County: $80K across 2 grantsCentro Hispano of Dane County$80K · 2 grantsUrban League of Greater Madison Inc: $65KUrban League of GreaterMadison Inc$65KBoys and Girls Club of Dane County: $53K across 2 grantsBoys and Girls Club of DaneCounty$53K · 2 grantsCenter for Black Culture and Excellence: $50KCenter for Black Culture andExcellence$50KOverture Center for the Arts: $50KOverture Center for the Arts$50KSalvation Army: $38KSalvation Army$38KFoundation for Black Women's Wellness: $35KFoundation for Black Women'sWellness$35K

The largest 2024 recipient was Energy Service Inc - ($380K across 2 grants). Together the top 10 received $1.0M.

Grant Size Distribution

929 grants across all recorded years

883<$50K29$50–100K16$100–250K1$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 883 grants of 929 (95%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Energy Service Inc - Madison, WISupport the Community Emergency Fund$300,000
United Way of Dane County Madison, WI2024 Quarterly Commitment$145,000
United Way Foundation Madison, WIGeneral Support$100,000
Energy Service Inc Madison, WIGeneral Support$80,000
Centro Hispano of Dane County Madison, WIGeneral Support$77,000
Urban League of Greater Madison Inc Madison, WIGeneral Support$64,500
Boys and Girls Club of Dane County Madison, WIGeneral Support$50,000
Center for Black Culture and Excellence Madison, WIGeneral Support$50,000
Overture Center for the Arts Madison, WISupport Kids in the Rotunda$50,000
Salvation Army Des Plaines, ILGeneral Support$37,500

Financial History

Multi-year comparison from IRS filings

Filing year Grant total Grant count
2024 $1,889,194 217
2023 $1,555,161 196
2022 $1,859,117 203
$0$0.5$1$1.5201920202021202220232024
Metric202420232022
Total Assets———
Revenue———
Expenses———
Qualifying Distributions———
Net Investment Income———
Distributable Amount———

Data update history

When this profile's IRS filing data changed on Grantable

  1. IRS filings on file for fiscal years 2019–2024

Leadership & Key People

Leadership team and compensation from IRS filings

The 2024 filing lists Jeffrey Keebler as president; Jared Bushek as vice president/treasurer from July; Tamara Johnson as vice president/treasurer through June; Cari Anne Renlund as secretary; and Gary Wolter, Lynn K. Hobbie, and Scott Smith as directors.

Madison Gas and Electric is led by Jeffrey Keebler, President since 2024 (on filings since 2019); none of the 7 officers listed in 2024 report compensation.

Officers on the 2024 filing

  • Jeffrey Keebler

    President

    President & Chairman → President, 2024

    On filings since 2019

    1 hr/week

    No compensation reported

  • Gary Wolter

    Director

    On filings since 2019

    1 hr/week

    No compensation reported

  • Lynn K. Hobbie

    Director

    Vice President → Director, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Scott Smith

    Director

    New on the 2024 filing

    1 hr/week

    No compensation reported

  • Cari Anne Renlund

    Secretary

    Vice President → Secretary, 2021

    On filings since 2019

    1 hr/week

    No compensation reported

  • Jared Bushek

    Vice President & Treasurer Since July

    Director Since August → Vice President, 2021

    Vice President → Vice President & Treasurer Since July, 2024

    On filings since 2020

    1 hr/week

    No compensation reported

  • Tamara Johnson

    Vice President & Treasurer

    Director Since August → Vice President & Treasurer, 2021

    On filings since 2020

    1 hr/week

    No compensation reported

Former officers (2)
  • Former: Jeffrey Newman (2019–2020) — Secretary & Treasurer
  • Former: Craig Fenrick (2019) — Vice President

Data from IRS Form 990 filings, 2019–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Contact

Application contact: Kim Lee
Mailing address: PO Box 1231, Madison, WI 53701-1231
Phone: (608) 252-5666
Email: foundation@mge.com
Website: https://madisongives.org

Frequently asked questions about Madison Gas and Electric

How much does Madison Gas and Electric give each year?

Madison Gas and Electric gave $1.9M across 217 grants in 2024, according to its 2024 IRS Form 990 filing. In 2023 it gave $1.6M across 196 grants.

What is Madison Gas and Electric's typical grant size?

Madison Gas and Electric's median grant in 2024 was $2,000, and its average grant was $8,706, across 217 grants on its 2024 IRS Form 990 filing. Organizations receiving their first grant from Madison Gas and Electric that year got $2K on average.

Where does Madison Gas and Electric give grants?

Madison Gas and Electric gives mostly in Wisconsin: 97% of the grant dollars itemized on its 2024 IRS Form 990 filing went to recipients there. The most frequent recipient cities were Madison, WI (173 grants), Middleton, WI (10 grants), Monona, WI (5 grants) and Fitchburg, WI (3 grants).

Does Madison Gas and Electric give general operating support?

Yes: 94% of Madison Gas and Electric's 2024 grants with a stated purpose (204 of 217) were for general or operating support, per its 2024 IRS Form 990 filing.

Who are Madison Gas and Electric's largest grantees?

Madison Gas and Electric's largest 2024 grantees include Energy Service Inc - ($380,000 across 2 grants), United Way of Dane County ($171,800 across 2 grants) and United Way Foundation ($100,000), according to its 2024 IRS Form 990 filing. Together they received 35% of its itemized 2024 grant dollars.

What does Madison Gas and Electric fund?

The foundation’s filing describes support for programs of charitable and other exempt organizations. Its 2024 grants included general support and support for community emergency assistance, arts programming, and other named purposes. See mission & focus areas ↑

How do I apply for a grant from Madison Gas and Electric?

The filing says to complete an application for funding and provide an IRS determination letter, current financial statements or the most recent audit report, a project or program budget, and minutes authorizing the… Eligibility and process details are in the grantmaking section of this profile. See how to apply ↑

What is Madison Gas and Electric's EIN?

Madison Gas and Electric's EIN (Employer Identification Number) is 39-6098118. IRS Form 990 filing data is available on this page for 2019–2024.

Data last updated September 2026. Sourced from IRS Form 990 filings. Research dossier generated September 2026.

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