The Morgridge Institute for Research Inc logo

The Morgridge Institute for Research Inc

Public charity · Grantmaker Madison, WI EIN: 20-8325570 Website

Our mission is to improve human health by conducting, enabling and translating innovative, interdisciplinary biomedical research in partnership with the university of Wisconsin-madison and others, by leveraging our collective strength in research and education.our vision is to solve major challenges to human health by serving as an interdisciplinary research center and collaborative hub that enables investigators to address and answer fundamental biomedical questions.we envision using our private status and streamlined organizational structure to respond nimbly to emerging opportunities. In partnership with an outstanding public research university we will synergistically enhance our collective strengths.through community engagement we will promote better understanding of the health benefits of biomedical research.

Key facts about The Morgridge Institute for Research Inc

In short: The Morgridge Institute for Research Inc gave $1.3M across 1 grant in 2025 (avg $1.3M), mostly in Wisconsin. Source: 2025 IRS Form 990.

EIN
20-8325570
Latest 990 filing
Form 990, 2025
Annual giving (2025)
$1,311,424
Grants made (2025)
1
Average grant
$1,311,424
Median grant
$1,311,424
Total assets
$81,240,978
Primary geography
Wisconsin (100% of itemized 2025 grant dollars)

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

Financial Overview

From 2025 IRS Form 990 · View filing

Total Assets

$81.2M

-8.1% YoY

Annual Giving

$1.3M

-13.7% YoY

Grant Count

1

+0.0% YoY

Avg Grant Size

$1.3M

-13.7% YoY

How The Morgridge Institute for Research Inc gives

  • Giving held roughly steady from 2022 to 2025 (−17%). Method

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

About The Morgridge Institute for Research Inc

Based on IRS filings

The Morgridge Institute for Research Inc is a public charity focused on Health, based in Madison, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $81.2M in total assets. In 2025, it awarded 1 grant totaling $1.3M. Net investment income was $15K.

Focus Areas

Open Grants

2 open opportunities from The Morgridge Institute for Research Inc

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Geographic Focus

Where this funder awards grants

Grant Distribution by State

1state

Share of the 2025 grant dollars on its one itemized grant.

States

Cities

Madison

Giving Over Time

Total grant dollars and number of grants per year

$0$500K$1M$1.5M$2M2 grants2021 1 grant2022 1 grant2023 1 grant2024 1 grant2025

From 2021 to 2025, annual grant giving ranged from $1.3M (2025) to $1.7M (2021). In 2025 it made 1 grant totaling $1.3M.

Grant Insights

How this funder distributes its grants

Top Recipients

Top recipient in 2025

University of Wisconsin - Madison: $1.3MUniversity of Wisconsin -Madison$1.3M

The largest 2025 recipient was University of Wisconsin - Madison ($1.3M).

Grant Size Distribution

6 grants across all recorded years

<$50K$50–100K1$100–250K$250–500K$500K–1M5$1–5M$5M+

The most common grant size was in the $1–5M range: 5 grants of 6 (83%).

Giving History

Grant recipients and amounts by year

RecipientPurposeAmount
University of Wisconsin - Madison Madison, WITo Support Ongoing Research and Education.$1,311,424

Financial History

Multi-year comparison from IRS filings

Revenue
Expenses
Net Investment Income
$0$25M$50M$75M$100M2021 2022 2023 2024 2025
Metric202520242023
Total Assets$81,240,978$88,421,400$87,077,299
Revenue$78,378,897$33,569,331$26,189,437
Expenses$37,276,559$32,259,175$28,100,888
Net Investment Income$15,451$-183,099$-123,698

Data update history

When this profile's IRS filing data changed on Grantable

  1. Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
  2. Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2022)
  3. Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2023)
  4. Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2024)
  5. Updated Form 990 for fiscal year 2025 (received by the IRS November 13, 2025)
  6. IRS filings on file for fiscal years 2021–2025

Leadership & Key People

Officers and directors from IRS filings

The Morgridge Institute for Research Inc is led by Brad Schwartz, CEO & Trustee on every filing since 2021; 23 of 26 officers listed in 2025 are compensated.

Officers on the 2025 filing

  • Brad Schwartz

    CEO & Trustee

    On filings since 2021

    40 hrs/week

    $461K (2021) → $541K (2025)

  • Jacquelyn Fredrick

    Trustee & Chair

    Trustee → Trustee & Chair, 2023

    On filings since 2021

    2 hrs/week

    $15K (2021) → $15K (2025)

  • Erik Iverson

    Trustee

    On filings since 2021

    4 hrs/week

    $15K (2021) → $15K (2025)

  • Harvey Cohen

    Trustee

    On filings since 2021

    2 hrs/week

    $15K (2021) → $15K (2025)

  • James Dahlberg

    Trustee

    On filings since 2021

    2 hrs/week

    $15K (2021) → $15K (2025)

  • John Burris

    Trustee

    On filings since 2021

    2 hrs/week

    $15K (2022) → $15K (2025)

  • John Neis

    Trustee

    On filings since 2021

    2 hrs/week

    $10K (2021) → $15K (2025)

  • Thomas Pyle Jr.

    Trustee

    On filings since 2021

    2 hrs/week

    $15K (2021) → $10K (2025)

  • Winslow L. Sargeant

    Trustee

    On filings since 2021

    2 hrs/week

    $10K (2021) → $15K (2025)

  • Eric Morgridge

    Trustee

    On filings since 2023

    2 hrs/week

    $10K (2024) → $15K (2025)

  • Tess Morgridge Gardner

    Trustee

    On filings since 2023

    2 hrs/week

    $10K (2024) → $15K (2025)

  • Gregg Fergus

    Trustee

    New on the 2025 filing

    2 hrs/week

    $10K (2025)

  • John Durant

    Trustee

    New on the 2025 filing

    2 hrs/week

    $6K (2025)

  • Randy Bartels

    Director of Human Resources

    New on the 2025 filing

    40 hrs/week

    $367K (2025)

  • Fred Robertson

    Trustee & Vice Chair

    On filings since 2021

    2 hrs/week

    No compensation reported

  • John Morgridge

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Tashia Morgridge

    Trustee

    On filings since 2021

    2 hrs/week

    No compensation reported

  • Brian Mattmiller

    Chief Communications Officer & Secretary

    Chief Communications Director & Secretary → Chief Communications Officer & Secretary, 2023

    On filings since 2021

    40 hrs/week

    $189K (2021) → $228K (2025)

  • Deborah Keller

    Former Trustee

    Trustee → Former Trustee, 2025

    On filings since 2021

    $10K (2021) → $10K (2025)

  • Doug Eklund

    Controller

    On filings since 2021

    40 hrs/week

    $160K (2021) → $191K (2025)

  • Kathi Stanek

    CFO, COO & Treasurer

    On filings since 2021

    40 hrs/week

    $313K (2021) → $353K (2025)

  • Melissa Skala

    Lead Investigator

    On filings since 2021

    40 hrs/week

    $245K (2021) → $297K (2025)

  • Patricia Lipton

    Former Trustee

    Trustee → Former Trustee, 2025

    On filings since 2021

    $15K (2021) → $10K (2025)

  • Ronald Stewart

    Associate Director - Bioinformatics

    Associate Director - Bioin → Associate Director - Bioinformatics, 2025

    On filings since 2021

    40 hrs/week

    $186K (2021) → $209K (2025)

  • William Swisher Jr.

    Chief Development Officer

    On filings since 2021

    40 hrs/week

    $273K (2021) → $303K (2025)

  • Paul Ahlquist

    Lead Investigator

    On filings since 2022

    40 hrs/week

    $175K (2022) → $230K (2025)

Former officers (8)
  • Former: Jill Walder (2021–2024) — Director of Human Resource
  • Former: Mary Burke (2021–2024) — Trustee
  • Former: Thomas Krummel (2021–2024) — Trustee
  • Former: James A. Thomson (2021–2023) — Director Regenerative Biology
  • Former: Carl Gulbrandsen (2021–2022) — Trustee & Chair
  • Former: Jan Huisken (2021–2022) — Lead Investigator
  • Former: Susan Engeleiter (2021) — Trustee -
  • Former: Terri Potter (2021) — Trustee -

Data from IRS Form 990 filings, 2021–2025. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.

Compensation Overview

From 2025 IRS filing

Brad Schwartz — CEO/Trustee: $541KBrad SchwartzCEO/Trustee$541KRandy Bartels — Director of Human Resources: $367KRandy BartelsDirector of Human Resources$367KKathi Stanek — CFO/COO/Treasurer: $353KKathi StanekCFO/COO/Treasurer$353KWilliam Swisher Jr — Chief Development Officer: $303KWilliam Swisher JrChief Development Officer$303KMelissa Skala — Lead Investigator: $297KMelissa SkalaLead Investigator$297KPaul Ahlquist — Lead Investigator: $230KPaul AhlquistLead Investigator$230KBrian Mattmiller — Chief Communications Off./Secretary: $228KBrian MattmillerChief Communications…$228KRonald Stewart — Associate Director - Bioinformatics: $209KRonald StewartAssociate Director…$209KDoug Eklund — Controller: $191KDoug EklundController$191KErik Iverson — Trustee: $15KErik IversonTrustee$15KJohn Burris — Trustee: $15KJohn BurrisTrustee$15KHarvey Cohen — Trustee: $15KHarvey CohenTrustee$15KJames Dahlberg — Trustee: $15KJames DahlbergTrustee$15KJacquelyn Fredrick — Trustee/Chair: $15KJacquelyn FredrickTrustee/Chair$15KTess Morgridge Gardner — Trustee: $15KTess Morgridge GardnerTrustee$15KEric Morgridge — Trustee: $15KEric MorgridgeTrustee$15KJohn Neis — Trustee: $15KJohn NeisTrustee$15KWinslow L Sargeant — Trustee: $15KWinslow L SargeantTrustee$15KGregg Fergus — Trustee: $10KGregg FergusTrustee$10KThomas Pyle Jr — Trustee: $10KThomas Pyle JrTrustee$10KDeborah Keller — Former Trustee: $10KDeborah KellerFormer Trustee$10KPatricia Lipton — Former Trustee: $10KPatricia LiptonFormer Trustee$10KJohn Durant — Trustee: $6KJohn DurantTrustee$6K

The highest reported compensation on the 2025 filing was $541K, to Brad Schwartz (CEO/Trustee). 23 officers or directors reported compensation on that filing.

Frequently asked questions about The Morgridge Institute for Research Inc

How much does The Morgridge Institute for Research Inc give each year?

The Morgridge Institute for Research Inc gave $1.3M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $1.5M across 1 grant.

How large is The Morgridge Institute for Research Inc?

The Morgridge Institute for Research Inc reported $81.2M in total assets on its 2025 IRS Form 990. Its revenue that year was $78.4M.

What is The Morgridge Institute for Research Inc?

The Morgridge Institute for Research Inc is a public charity focused on Health, based in Madison, WI. It holds $81.2M in total assets as of 2025.

Where does The Morgridge Institute for Research Inc operate?

The Morgridge Institute for Research Inc has awarded grants in Wisconsin.

What is The Morgridge Institute for Research Inc's EIN?

The Morgridge Institute for Research Inc's EIN (Employer Identification Number) is 20-8325570. IRS Form 990 filing data is available on this page for 2021–2025.

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

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