Northwestern Mutual Life Foundation Inc

MILWAUKEE, WI EIN: 39-1728908

Northwestern Mutual Life Foundation Inc is a nonprofit organization focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grants totaling $26.3M.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$26.3M

+3.5% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$26.3M

+3.5% YoY

About Northwestern Mutual Life Foundation Inc

Based on IRS filings

Northwestern Mutual Life Foundation Inc is a nonprofit organization focused on Education, based in MILWAUKEE, WI. IRS filing data is available from 2021 through 2024. In 2024, it awarded 1 grants totaling $26.3M.

Focus Areas

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1states

States

Cities

MILWAUKEEMilwaukee

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12021202220232024
Metric202420232022
Total Assets
Revenue
Expenses
Qualifying Distributions
Net Investment Income
Distributable Amount

Giving Over Time

Total grant dollars and number of grants per year

$0$7M$13M$20M$26M1 grants20211 grants20221 grants20231 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 1 recipients in 2024

SEE ATTACHMENT 2$26.3M

Grant Size Distribution

4 grants across all recorded years

<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M4$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include See Attachment 2 ($26,308,700).

RecipientPurposeAmount
SEE ATTACHMENT 2 MILWAUKEE, WIFOR CHARITABLE, RELIGIOUS, EDUCATIONAL, & SCIENTIFIC PURPOSES$26,308,700

Leadership & Key People

Officers and directors from IRS filings

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
Steven M RadkePresident & Director
John E SchlifskeChairman & Director
Scott J MorrisSecretary
Grady CrosbyDirector
Joe MandacinaDirector
Raymond J ManistaDirector
Lynn TeoDirector
Karen A MolloyTreasurer
Timothy J GerendDirector

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What is Northwestern Mutual Life Foundation Inc?

Northwestern Mutual Life Foundation Inc is a nonprofit organization focused on Education, based in MILWAUKEE, WI. It holds — in total assets as of 2024.

Where does Northwestern Mutual Life Foundation Inc operate?

Northwestern Mutual Life Foundation Inc has awarded grants in Wisconsin.

What size grants does Northwestern Mutual Life Foundation Inc award?

In 2024, Northwestern Mutual Life Foundation Inc awarded 1 grants totaling $26.3M — an average of about $26.3M per grant, based on its IRS Form 990 filings.

What is Northwestern Mutual Life Foundation Inc's EIN?

Northwestern Mutual Life Foundation Inc's EIN (Employer Identification Number) is 39-1728908. IRS Form 990 filing data is available on this page for 2021–2024.

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

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