New Jci Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.5M in total assets. In 2024, it awarded 2 grants totaling $6.0M. Net investment income was $3.2M.
Financial Overview
From 2024 IRS Form 990-PF · View filing
Total Assets
$29.5M
-6.6% YoY
Annual Giving
$6.0M
-5.9% YoY
Grant Count
2
+100.0% YoY
Avg Grant Size
$3.0M
-52.9% YoY
Under IRS private-foundation payout rules, New Jci Foundation Inc reported a distributable amount of $2.1M for 2024 — the minimum it must pay out in qualifying distributions.
About New Jci Foundation Inc
Based on IRS filings
New Jci Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $29.5M in total assets. In 2024, it awarded 2 grants totaling $6.0M. Net investment income was $3.2M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2024 | 2023 | 2022 |
|---|---|---|---|
| Total Assets | $29,525,617 | $31,627,190 | $38,803,483 |
| Revenue | $3,163,790 | $4,841,732 | $8,830,854 |
| Expenses | $6,683,786 | $7,395,178 | $8,193,605 |
| Qualifying Distributions | $6,666,355 | $7,077,976 | $8,104,721 |
| Net Investment Income | $3,153,160 | $4,798,904 | $8,806,737 |
| Distributable Amount | $2,120,950 | $2,127,220 | $2,585,339 |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 2 recipients in 2024
Grant Size Distribution
6 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2024 grants, the largest include Grants - See Attached ($5,745,282), Scholarships - See Attached ($276,000).
| Recipient | Purpose | Amount |
|---|---|---|
| GRANTS - SEE ATTACHED MILWAUKEE, WI | GENERAL OPERATING | $5,745,282 |
| SCHOLARSHIPS - SEE ATTACHED MILWAUKEE, WI | SCHOLARSHIPS | $276,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2024 IRS filing
From 2024 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| KATHLEEN MCGINTY | PRESIDENT | 1 | — |
| GEORGE OLIVER | VICE PRESIDENT | 1 | — |
| MARLON SULLIVAN | SECRETARY | 1 | — |
| OLIVIER LEONETTI | TREASURER | 1 | — |
| JOHN DONOFRIO | BOARD MEMBER | 1 | — |
| NATE MANNING | BOARD MEMBER | 1 | — |
| LEI SCHILTZ | BOARD MEMBER | 1 | — |
| JO BIRTWISTLE | BOARD MEMEBER | 1 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is New Jci Foundation Inc?
New Jci Foundation Inc is a private foundation focused on Philanthropy, Voluntarism & Grantmaking, based in MILWAUKEE, WI. It holds $29.5M in total assets as of 2024.
How large is New Jci Foundation Inc?
As of 2024, New Jci Foundation Inc holds $29.5M in total assets with $3.2M in annual revenue. It awarded 2 grants totaling $6.0M in 2024.
Where does New Jci Foundation Inc operate?
New Jci Foundation Inc has awarded grants in Wisconsin.
What size grants does New Jci Foundation Inc award?
In 2024, New Jci Foundation Inc awarded 2 grants totaling $6.0M — an average of about $3.0M per grant, based on its IRS Form 990 filings.
How much is New Jci Foundation Inc required to give away each year?
Private foundations must generally distribute about 5% of their assets annually. For 2024, New Jci Foundation Inc reported a distributable amount of $2.1M on its IRS Form 990-PF — the minimum it must pay out in qualifying distributions.
What is New Jci Foundation Inc's EIN?
New Jci Foundation Inc's EIN (Employer Identification Number) is 81-2400224. IRS Form 990 filing data is available on this page for 2020–2024.
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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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