The JC2 Trust for the Underserved

Private foundation · Grantmaker Madison, WI EIN: 83-6355810

The JC2 Trust for the Underserved is a private foundation, based in Madison, WI. IRS filing data is available from 2020 through 2025. As of 2025, the organization holds $105K in total assets. In 2025, it awarded 2 grants totaling $30K. Net investment income was $9K.

Key facts about The JC2 Trust for the Underserved

In short: The JC2 Trust for the Underserved gave $30K across 2 grants in 2025 (avg $15K), mostly in Wisconsin. Source: 2025 IRS Form 990-PF.

EIN
83-6355810
Latest 990 filing
Form 990-PF, 2025
Annual giving (2025)
$30,000
Grants made (2025)
2
Average grant
$15,000
Median grant
$15,000
Total assets
$104,615
Primary geography
Wisconsin (100% of itemized 2025 grant dollars)

Data from IRS Form 990-PF, 2025; updated September 2026.

Financial Overview

From 2025 IRS Form 990-PF · View filing

Total Assets

$105K

+36.5% YoY

Annual Giving

$30K

+20.0% YoY

Grant Count

2

-33.3% YoY

Avg Grant Size

$15K

+80.0% YoY

Under IRS private-foundation payout rules, The JC2 Trust for the Underserved reported a distributable amount of $6K for 2025 — the minimum it must pay out in qualifying distributions.

How The JC2 Trust for the Underserved gives

  • Giving fell 47% from 2022 to 2025. Method
  • In 2025 it paid out 499% of its IRS minimum distribution (the 5% rule). Method

From the foundation's IRS Form 990-PF filings. Methodology.

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of 2025 grant dollars across all 2 itemized grants.

States

Cities

MadisonRacineMt PleasantMt Plesant

Giving Over Time

Total grant dollars and number of grants per year

$0$20K$40K$60K2 grants2020 2 grants2021 7 grants2022 3 grants2023 3 grants2024 2 grants2025

From 2020 to 2025, annual grant giving ranged from $15K (2020) to $57K (2022). In 2025 it made 2 grants totaling $30K.

Grant Insights

How this funder distributes its grants

Top Recipients

Top 2 recipients in 2025

Health Care Network: $15KHealth Care Network$15KUw Madison Scholarships: $15KUw Madison Scholarships$15K

The largest 2025 recipient was Health Care Network ($15K). Together the top 2 received $30K.

Grant Size Distribution

17 grants across all recorded years

17<$50K$50–100K$100–250K$250–500K$500K–1M$1–5M$5M+

The most common grant size was under $50K: 17 grants of 17 (100%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
Health Care Network Racine, WIGeneral Purpose$15,000
Uw Madison Scholarships Madison, WIGeneral Purpose$15,000

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Qualifying Distributions
Net Investment Income
$0$50K$100K$150K2020 2021 2022 2023 2024 2025
Metric202520242023
Total Assets$104,615$76,668$95,063
Revenue$60,109$7,156$2,377
Expenses$32,173$25,590$33,117
Qualifying Distributions$30,000$25,000$31,186
Net Investment Income$8,609$6,566—
Distributable Amount$6,013$4,300$4,913

Data update history

When this profile's IRS filing data changed on Grantable

  1. Added Form 990-PF for fiscal year 2020 (received by the IRS November 11, 2021)
  2. Added Form 990-PF for fiscal year 2025 (received by the IRS July 29, 2026)
  3. IRS filings on file for fiscal years 2021–2024

Leadership & Key People

Officers and directors from IRS filings

The JC2 Trust for the Underserved's 2025 filing lists 4 officers; none of the 4 officers listed in 2025 report compensation.

Officers on the 2025 filing

  • Barbara Leadholm Abrams

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Charles R. Leadholm

    Grantor & Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Jeanne M. Parus

    Grantor & Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

  • Michael Broglio

    Trustee

    On filings since 2020

    1 hr/week

    No compensation reported

Data from IRS Form 990 filings, 2020–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Frequently asked questions about The JC2 Trust for the Underserved

How much does The JC2 Trust for the Underserved give each year?

The JC2 Trust for the Underserved gave $30K across 2 grants in 2025, according to its 2025 IRS Form 990-PF. In 2024 it gave $25K across 3 grants.

How large is The JC2 Trust for the Underserved?

The JC2 Trust for the Underserved reported $105K in total assets on its 2025 IRS Form 990-PF. It paid out $30K in qualifying distributions that year, against a required minimum of $6K (roughly 5% of its investment assets).

Where does The JC2 Trust for the Underserved operate?

The JC2 Trust for the Underserved has awarded grants in Wisconsin.

What is The JC2 Trust for the Underserved's EIN?

The JC2 Trust for the Underserved's EIN (Employer Identification Number) is 83-6355810. IRS Form 990 filing data is available on this page for 2020–2025.

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

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