The Morgridge Institute Foundation Inc
The Morgridge Institute Foundation operates exclusively for the benefit of the morgridge institute for research, inc., a tax-exempt 501(c)3 medical research organization affiliated with the university of Wisconsin - madison.the foundation administers gifts, grants, bequests, and devises to promote, encourage, and aid the mission and vision of the institute, which is to solve major challenges to 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.
The Morgridge Institute Foundation Inc at a glance
In short: The Morgridge Institute Foundation Inc gave $22.4M across 1 grant in 2025 (avg $22.4M), mostly in Wisconsin. Source: 2025 IRS Form 990.
- Annual giving (2025)
- $22,397,263
- +13.1% vs 2024
- Grants made (2025)
- 1
- +0.0% vs 2024
- Average grant
- $22,397,263
- +13.1% vs 2024
- Median grant
- $22,397,263
- Total assets
- $597,585,881
- +14.8% vs 2024
- Primary geography
- Wisconsin (100% of itemized 2025 grant dollars)
- Latest 990 filing
- Form 990, 2025 View filing
Data from IRS Form 990, 2025; updated September 2026.
Who The Morgridge Institute Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2025
The largest 2025 recipient was Morgridge Institute for Research Inc ($22.4M).
Grant Size Distribution
5 grants across all recorded years
The most common grant size was $5M or more: 5 grants of 5 (100%).
Geographic Focus
Where this funder awards grants
Grant Distribution by State
Share of the 2025 grant dollars on its one itemized grant.
States
Cities
How The Morgridge Institute Foundation Inc gives
- Giving grew 64% from 2022 to 2025. Method
From the foundation's IRS Form 990 filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2021 to 2025, annual grant giving ranged from $13.0M (2021) to $22.4M (2025). In 2025 it made 1 grant totaling $22.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Morgridge Institute for Research Inc Madison, WI | To Support Ongoing Research & Education | $22,397,263 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Net Investment Income |
|---|---|---|---|---|---|---|
| 2025 | $597,585,881 | $84,878,840 | $24,669,808 | $22,397,263 | 1 | $33,935,618 |
| 2024 | $520,497,197 | $44,197,120 | $21,840,912 | $19,798,141 | 1 | $18,345,380 |
| 2023 | $474,107,649 | $254,947 | $16,523,025 | $14,597,802 | 1 | $-28,567,155 |
| 2022 | $447,011,596 | $36,336,859 | $16,372,047 | $13,692,465 | 1 | $29,687,390 |
| 2021 | $491,309,219 | $74,942,129 | $15,451,836 | $12,971,706 | 1 | $61,708,992 |
About The Morgridge Institute Foundation Inc
Based on IRS filings
The Morgridge Institute Foundation Inc is a public charity focused on Medical Research, based in Madison, WI. IRS filing data is available from 2021 through 2025. As of 2025, the organization holds $597.6M in total assets. In 2025, it awarded 1 grant totaling $22.4M. Net investment income was $33.9M.
Focus Areas
Leadership & Key People
Officers and directors from IRS filings
The Morgridge Institute Foundation Inc is led by Brad Schwartz, CEO & Trustee on every filing since 2021; none of the 18 officers listed in 2025 report compensation.
Officers on the 2025 filing
Brad Schwartz
CEO & Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Jacquelyn Fredrick
Trustee & Chair
Trustee → Trustee & Chair, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Erik Iverson
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Fred Robertson
Trustee & Vice Chair
On filings since 2021
0.3 hrs/week
No compensation reported
Harvey Cohen
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
James Dahlberg
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
John Burris
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
John Morgridge
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
John Neis
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Tashia Morgridge
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Thomas Pyle Jr.
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Winslow L. Sargeant
Trustee
On filings since 2021
0.3 hrs/week
No compensation reported
Eric Morgridge
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Tess Morgridge Gardner
Trustee
On filings since 2023
0.3 hrs/week
No compensation reported
Gregg Fergus
Trustee
New on the 2025 filing
0.3 hrs/week
No compensation reported
John Durant
Trustee
New on the 2025 filing
0.3 hrs/week
No compensation reported
Brian Mattmiller
Chief Communications Officer & Secretary
Chief Communications Director & Secretary → Chief Communications Officer & Secretary, 2023
On filings since 2021
0.3 hrs/week
No compensation reported
Kathi Stanek
CFO, COO & Treasurer
On filings since 2021
0.3 hrs/week
No compensation reported
Former officers (7)
- Former: Deborah Keller (2021–2024) — Trustee
- Former: Mary Burke (2021–2024) — Trustee
- Former: Patricia Lipton (2021–2024) — Trustee
- Former: Thomas Krummel (2021–2024) — Trustee
- Former: Carl Gulbrandsen (2021–2022) — Trustee & Chair
- 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.
Frequently asked questions about The Morgridge Institute Foundation Inc
How much does The Morgridge Institute Foundation Inc give each year?
The Morgridge Institute Foundation Inc gave $22.4M across 1 grant in 2025, according to its 2025 IRS Form 990. In 2024 it gave $19.8M across 1 grant.
How large is The Morgridge Institute Foundation Inc?
The Morgridge Institute Foundation Inc reported $597.6M in total assets on its 2025 IRS Form 990. Its revenue that year was $84.9M.
What is The Morgridge Institute Foundation Inc?
The Morgridge Institute Foundation Inc is a public charity focused on Medical Research, based in Madison, WI. It holds $597.6M in total assets as of 2025.
Where does The Morgridge Institute Foundation Inc operate?
The Morgridge Institute Foundation Inc has awarded grants in Wisconsin.
What is The Morgridge Institute Foundation Inc's EIN?
The Morgridge Institute Foundation Inc's EIN (Employer Identification Number) is 82-2760376. IRS Form 990 filing data is available on this page for 2021–2025.
Data last updated September 2026. Sourced from IRS Form 990 filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990 for fiscal year 2021 (received by the IRS November 15, 2021)
- Updated Form 990 for fiscal year 2022 (received by the IRS November 11, 2022)
- Updated Form 990 for fiscal year 2023 (received by the IRS November 15, 2023)
- Updated Form 990 for fiscal year 2024 (received by the IRS November 14, 2024)
- Updated Form 990 for fiscal year 2025 (received by the IRS November 13, 2025)
- IRS filings on file for fiscal years 2021–2025
Explore Open Grants
Browse active grant opportunities in The Morgridge Institute Foundation Inc's focus areas in our free grants database
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