Marshall & Ilsley Foundation Inc

Foundation · Grantmaker MILWAUKEE, WI EIN: 39-6043185

Marshall & Ilsley Foundation Inc is a nonprofit organization focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2019 through 2020. In 2020, it awarded 5 grants totaling $1.1M.

Key facts about Marshall & Ilsley Foundation Inc

EIN
39-6043185
Latest 990 filing
Form 990-PF, 2020
Annual giving (2020)
$1,102,705
Grants made (2020)
5
Average grant
$220,541
Median grant
$200,000
Primary geography
Wisconsin (100% of itemized 2020 grant dollars)

Data from IRS Form 990-PF, 2020; updated April 2026.

Who Marshall & Ilsley Foundation Inc funds

By grant dollars, the top recipient states for Marshall & Ilsley Foundation Inc's 5 itemized 2020 grants were Wisconsin (100%). The most frequent recipient cities were Milwaukee, WI (5 grants). None of its 5 grants with a stated purpose were described as general or operating support. Recurring purposes include "Scholarships" (4 grants).

Financial Overview

From 2020 IRS Form 990-PF · View filing

Total Assets

—

Annual Giving

$1.1M

+175.7% YoY

Grant Count

5

+25.0% YoY

Avg Grant Size

$221K

+120.5% YoY

About Marshall & Ilsley Foundation Inc

Based on IRS filings

Marshall & Ilsley Foundation Inc is a nonprofit organization focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2019 through 2020. In 2020, it awarded 5 grants totaling $1.1M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

Share of all 5 itemized 2020 grant dollars.

States

Cities

Milwaukee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.120192020
Metric20202019
Total Assets——
Revenue——
Expenses——
Qualifying Distributions——
Net Investment Income——
Distributable Amount——

Giving Over Time

Total grant dollars and number of grants per year

$0$276K$551K$827K$1M4 grants20195 grants2020

Grant Insights

How this funder distributes its grants

Top Recipients

Top 5 recipients in 2020

Carmen Schools of Scienc…$300KSt Marcus School$203KMilwaukee College Prepar…$200KSt Augustine Preparatory…$200KUnited Community Center$200K

Grant Size Distribution

9 grants across all recorded years

<$50K$50–100K8$100–250K1$250–500K$500K–1M$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2020 grants, the largest recipients include Carmen Schools of Science & Technology ($300,000), St Marcus School ($202,705), Milwaukee College Preparatory School ($200,000).

RecipientPurposeAmount
Carmen Schools of Science & Technology Milwaukee, WIScholarships$300,000
St Marcus School Milwaukee, WIScholarships$202,705
Milwaukee College Preparatory School MILWAUKEE, WICONTRIBUTIONS& SCHOLARSHIPS$200,000
St Augustine Preparatory Academy Milwaukee, WIScholarships$200,000
United Community Center Milwaukee, WIScholarships$200,000

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2020 IRS filing

From 2020 filing

NameTitleHoursCompensation
DENNIS J KUESTERPres/Director——
JAMES B WIGDALEAVP/Director——
MARK F FURLONGAVP/Director——
NANCY GERFINSEC/TREASURER——
PATRICIA CADORINAVP——
ROBERT O'TOOLEDIRECTOR——

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Marshall & Ilsley Foundation Inc?

Marshall & Ilsley Foundation Inc is a nonprofit organization focused on Education, based in MILWAUKEE, WI. It holds — in total assets as of 2020.

Where does Marshall & Ilsley Foundation Inc operate?

Marshall & Ilsley Foundation Inc has awarded grants in Wisconsin.

What size grants does Marshall & Ilsley Foundation Inc award?

In 2020, Marshall & Ilsley Foundation Inc awarded 5 grants totaling $1.1M — an average of about $221K per grant, based on its IRS Form 990 filings.

What is Marshall & Ilsley Foundation Inc's EIN?

Marshall & Ilsley Foundation Inc's EIN (Employer Identification Number) is 39-6043185. IRS Form 990 filing data is available on this page for 2019–2020.

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Data last updated April 2026. Sourced from IRS Form 990-PF filings.

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