Sub-zero Group Foundation Inc

MADISON, WI EIN: 39-1918462

The Sub-Zero Group Foundation is a private, independent 501(c)(3) foundation established in 1998 and based in Madison, Wisconsin. It serves as the philanthropic arm of Sub-Zero, Wolf, and Cove appliance manufacturer. The foundation is a corporate foundation focused on grantmaking to nonprofit organizations aligned with its mission and values.

Financial Overview

From 2024 IRS Form 990-PF · View filing

Total Assets

Annual Giving

$2.8M

+225.1% YoY

Grant Count

36

-34.5% YoY

Avg Grant Size

$78K

+396.6% YoY

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

Mission & Focus Areas

The foundation's mission is to foster innovation in the food ecosystem by increasing access to quality foods and investing in organizations that contribute to lifelong health.

The foundation has identified three primary funding areas:

  • Food Security – Supporting organizations that address food insecurity and access to quality foods
  • Community Centers – Investing in community-based organizations and centers
  • Juvenile Diabetes – Supporting organizations focused on juvenile diabetes research and support

Grantmaking

In May 2024, the foundation announced $1.2 million in grant funding over two years, including a $500,000 donation to The River Food Pantry in Madison.

Ready to take the next step with Sub-zero Group Foundation Inc?

Geographic Focus

Where this funder awards grants

The foundation focuses support on nonprofit 501(c)(3) organizations near its manufacturing facilities in:

  • Wisconsin
  • Arizona
  • Iowa

Grant Distribution by State

14states
+6 more states

Cities

ATLANTAAUGUSTABLUE ASHBOULDERCEDAR RAPIDSEDGERTONFITCHBURGFRAMINGHAMHAGERSTOWNHIAWATHAHOFFMAN ESTATESKANSAS CITYMADISONMATTHEWSMIDDLETONMILWAUKEEMONONANEENAHNEW LONDONPHOENIX

Financial History

Multi-year comparison from IRS filings

As of 2023:

  • Total Assets: $5.81 million
  • Total Revenues: $193,972
  • Total Expenses: $913,090
  • Total Liabilities: $0

Cumulative Impact: Since its inception in 1998, the foundation has invested more than $4 million in local community organizations.

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$0.275$0.55$0.8250000000000001$1.12020202220232024
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$705K$1M$2M$3M50 grants202052 grants202255 grants202336 grants2024

Grant Insights

How this funder distributes its grants

Top Recipients

Top 10 recipients in 2024

YMCA OF DANE COUNTY$1.9MRIVER FOOD PANTRY$250KUNITED WAY OF DANE COUNTY$105KBADGER PRAIRIE NEEDS NET…$75KAMERICAN RED CROSS$50KCHEF ANN FOUNDATION$50KMADISON PUBLIC SCHOOLS F…$50KBREAKTHROUGH T1D$30KBAYVIEW FOUNDATION$25KGOODMAN COMMUNITY CENTER$25K

Grant Size Distribution

186 grants across all recorded years

170<$50K7$50–100K4$100–250K2$250–500K2$500K–1M1$1–5M$5M+

Giving History

Grant recipients and amounts by year

Among its reported 2024 grants, the largest include Ymca of Dane County ($1,860,000), River Food Pantry ($250,000), United Way of Dane County ($104,500).

RecipientPurposeAmount
AGRACE HOSPICECARE INC MADISON, WIUNRESTRICTED CHARITABLE GRANT$20,000
ALDO LEOPOLD NATURE CENTER MONONA, WIUNRESTRICTED CHARITABLE GRANT$1,000
AMERICAN RED CROSS WASHINGTON, DCUNRESTRICTED CHARITABLE GRANT$50,000
BABIES AND BEYOND MADISON, WIUNRESTRICTED CHARITABLE GRANT$1,000
BADGER PRAIRIE NEEDS NETWORK VERONA, WIUNRESTRICTED CHARITABLE GRANT$75,000
BADGER ROCK NEIGHBORHOOD CENTER MADISON, WIUNRESTRICTED CHARITABLE GRANT$10,000
BAYVIEW FOUNDATION MADISON, WIUNRESTRICTED CHARITABLE GRANT$25,000
BEYOND TYPE 1 SAN MATEO, CAUNRESTRICTED CHARITABLE GRANT$10,000
BIG BROTHERS AND BIG SISTERS OF DANE COUNTY MADISON, WIUNRESTRICTED CHARITABLE GRANT$10,000
BREAKTHROUGH T1D HAGERSTOWN, MDUNRESTRICTED CHARITABLE GRANT$30,000

Leadership & Key People

Leadership team and compensation from IRS filings

  • James J. Bakke – President
  • Deborah A. Schwartz – Vice President
  • Sandra S. Van Slyke – Treasurer
  • Blaine R. Renfert – Secretary/General Counsel, Director
  • Susan A. Bakke – Director
  • Frederick P. Schwartz – Director
  • Maggie M. Pascaly – Executive Director

Compensation Overview

From 2024 IRS filing

From 2024 filing

NameTitleHoursCompensation
JAMES J BAKKEPRESIDENT1
DEBORAH A SCHWARTZVICE PRESIDENT1
TONY FOXTREASURER1
BLAINE R RENFERTSECRETARY/GENERAL COUNSEL, DIRECTOR1
SUSAN A BAKKEDIRECTOR1
FREDERICK P SCHWARTZDIRECTOR1
MAGGIE M PASCALYEXECUTIVE DIRECTOR1

Recent News & Activity

Recent developments and announcements

2024

In May 2024, the Sub-Zero Group Foundation announced a new mission and strategic focus areas. The foundation committed $1.2 million in grant funding over the following two years, with a major $500,000 grant to The River Food Pantry in Madison. This announcement reflected the foundation's evolution toward a more focused approach centered on food security, community centers, and juvenile diabetes support. Maggie Pascaly was introduced as the foundation's Executive Director, bringing over a decade of philanthropic experience to guide the organization's growth and deepened community impact.

The River Food Pantry gets $500,000 grant from Sub-Zero Group ...

Subject Areas

Focus areas based on grantmaking activity

Frequently Asked Questions

What does Sub-zero Group Foundation Inc fund?

The foundation's mission is to foster innovation in the food ecosystem by increasing access to quality foods and investing in organizations that contribute to lifelong health. The foundation has identified three primary funding areas: • **Food Security** – Supporting organizations that address food insecurity and access to quality foods • **Community Centers** – Investing in community-based organizations and centers • **Juvenile Diabetes** – Supporting organizations focused on juvenile diabetes…

How do I apply for a grant from Sub-zero Group Foundation Inc?

**Grant Activity:** • Made 46-55 grants in 2023 • Grant median: $1,500 • Grant maximum: $500,000 • Total distributions in 2023: $894,000 **Recent Notable Grants (2023):** • Ed Nebbins Foundation: $500,000 • Association of American Red Cross Retirees: $110,170 • United Way of Dane County: $72,000 **Recent Commitments:** In May 2024, the foundation announced $1.2 million in grant funding over two years, including a $500,000 donation to The River Food Pantry in Madison.

Where does Sub-zero Group Foundation Inc make grants?

The foundation focuses support on nonprofit 501(c)(3) organizations near its manufacturing facilities in: • Wisconsin • Arizona • Iowa

What size grants does Sub-zero Group Foundation Inc award?

In 2024, Sub-zero Group Foundation Inc awarded 36 grants totaling $2.8M — an average of about $78K per grant, based on its IRS Form 990 filings.

What is Sub-zero Group Foundation Inc's EIN?

Sub-zero Group Foundation Inc's EIN (Employer Identification Number) is 39-1918462. IRS Form 990 filing data is available on this page for 2020–2024.

Explore Open Grants

Browse active grant opportunities in Sub-zero Group Foundation Inc's focus areas in our free grants database

Related Funders

Similar funders by location and focus area

Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.

What could you do with Sub-zero Group Foundation Inc on Grantable?

  • Assess strategic fit with your organization
  • Draft a tailored letter of inquiry
  • Find open RFPs from this funder
  • Monitor for new funding opportunities

Go from researching Sub-zero Group Foundation Inc to a real strategy.

Plan your approach