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.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$597.6M
+14.8% YoY
Annual Giving
$22.4M
+13.1% YoY
Grant Count
1
+0.0% YoY
Avg Grant Size
$22.4M
+13.1% YoY
About The Morgridge Institute Foundation Inc
Based on IRS filings
The Morgridge Institute Foundation Inc is a nonprofit organization 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 grants totaling $22.4M. Net investment income was $33.9M.
Focus Areas
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Geographic Focus
Where this funder awards grants
Grant Distribution by State
States
Cities
Financial History
Multi-year comparison from IRS filings
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $597,585,881 | $520,497,197 | $474,107,649 |
| Revenue | $84,878,840 | $44,197,120 | $254,947 |
| Expenses | $24,669,808 | $21,840,912 | $16,523,025 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | $33,935,618 | $18,345,380 | $-28,567,155 |
| Distributable Amount | — | — | — |
Giving Over Time
Total grant dollars and number of grants per year
Grant Insights
How this funder distributes its grants
Top Recipients
Top 1 recipients in 2025
Grant Size Distribution
5 grants across all recorded years
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Morgridge Institute for Research Inc ($22,397,263).
| Recipient | Purpose | Amount |
|---|---|---|
| MORGRIDGE INSTITUTE FOR RESEARCH INC MADISON, WI | TO SUPPORT ONGOING RESEARCH & EDUCATION | $22,397,263 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| BRAD SCHWARTZ | CEO/TRUSTEE | 0.25 | — |
| JOHN BURRIS | TRUSTEE | 0.25 | — |
| HARVEY COHEN | TRUSTEE | 0.25 | — |
| JAMES DAHLBERG | TRUSTEE | 0.25 | — |
| JOHN DURANT | TRUSTEE | 0.25 | — |
| GREGG FERGUS | TRUSTEE | 0.25 | — |
| JACQUELYN FREDRICK | TRUSTEE/CHAIR | 0.25 | — |
| ERIK IVERSON | TRUSTEE | 0.25 | — |
| WINSLOW L SARGEANT | TRUSTEE | 0.25 | — |
| TESS MORGRIDGE GARDNER | TRUSTEE | 0.25 | — |
| ERIC MORGRIDGE | TRUSTEE | 0.25 | — |
| JOHN MORGRIDGE | TRUSTEE | 0.25 | — |
| TASHIA MORGRIDGE | TRUSTEE | 0.25 | — |
| JOHN NEIS | TRUSTEE | 0.25 | — |
| THOMAS PYLE JR | TRUSTEE | 0.25 | — |
| FRED ROBERTSON | TRUSTEE/VICE CHAIR | 0.25 | — |
| KATHI STANEK | CFO/COO/TREASURER | 0.25 | — |
| BRIAN MATTMILLER | CHIEF COMMUNICATIONS OFF./SECRETARY | 0.25 | — |
Subject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What is The Morgridge Institute Foundation Inc?
The Morgridge Institute Foundation Inc is a nonprofit organization focused on Medical Research, based in MADISON, WI. It holds $597.6M in total assets as of 2025.
How large is The Morgridge Institute Foundation Inc?
As of 2025, The Morgridge Institute Foundation Inc holds $597.6M in total assets with $84.9M in annual revenue. It awarded 1 grants totaling $22.4M in 2025.
Where does The Morgridge Institute Foundation Inc operate?
The Morgridge Institute Foundation Inc has awarded grants in Wisconsin.
What size grants does The Morgridge Institute Foundation Inc award?
In 2025, The Morgridge Institute Foundation Inc awarded 1 grants totaling $22.4M — an average of about $22.4M per grant, based on its IRS Form 990 filings.
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.
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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Data last updated April 2026. Sourced from IRS Form 990-PF filings.
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