We Energies Foundation Inc
We Energies Foundation Inc is a private foundation, based in Milwaukee, WI. IRS filing data is available from 2020 through 2024. As of 2024, the organization holds $87.6M in total assets. In 2024, it awarded 1 grant totaling $11.4M. Net investment income was $7.2M.
We Energies Foundation Inc at a glance
In short: We Energies Foundation Inc gave $11.4M across 1 grant in 2024 (avg $11.4M), mostly in Wisconsin. Source: 2024 IRS Form 990-PF.
- Annual giving (2024)
- $11,449,373
- -21.6% vs 2023
- Grants made (2024)
- 1
- +0.0% vs 2023
- Average grant
- $11,449,373
- -21.6% vs 2023
- Median grant
- $11,449,373
- Total assets
- $87,646,459
- +4.1% vs 2023
- Primary geography
- Wisconsin (100% of itemized 2024 grant dollars)
- Latest 990 filing
- Form 990-PF, 2024 View filing
Data from IRS Form 990-PF, 2024; updated October 2026.
How to apply to We Energies Foundation Inc
Open Grants
2 open opportunities from We Energies Foundation Inc
Who We Energies Foundation Inc funds
How this funder distributes its grants
Top Recipients
Top recipient in 2024
The largest 2024 recipient was Contributions ($11.4M).
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 2024 grant dollars on its one itemized grant.
States
How We Energies Foundation Inc gives
- Giving grew 24% from 2021 to 2024. Method
- In 2024 it paid out 307% of its IRS minimum distribution (the 5% rule). Method
From the foundation's IRS Form 990-PF filings. Methodology.
Giving History
Giving Over Time
Total grant dollars and number of grants per year
From 2020 to 2024, annual grant giving ranged from $9.0M (2020) to $14.6M (2023). In 2024 it made 1 grant totaling $11.4M.
Grants by year
Grant recipients and amounts by year
| Recipient | Purpose | Amount |
|---|---|---|
| Contributions See Attached, WI | See attached part xiv 3a contributions paid during year | $11,449,373 |
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Financial History
Multi-year comparison from IRS filings
| Filing year | Total Assets | Revenue | Expenses | Grants paid | Grants | Qualifying Distributions | Net Investment Income | Distributable Amount |
|---|---|---|---|---|---|---|---|---|
| 2024 | $87,646,459 | $8,145,927 | $12,178,440 | $11,449,373 | 1 | $11,740,728 | $7,224,896 | $3,828,099 |
| 2023 | $84,175,202 | $22,116,769 | $15,200,116 | $14,606,325 | 1 | $15,307,094 | $3,479,515 | $3,697,914 |
| 2022 | $65,351,650 | $39,485,219 | $12,053,619 | $11,208,246 | 1 | $11,361,885 | $30,980,629 | $2,947,732 |
| 2021 | $81,288,297 | $8,762,155 | $9,544,719 | $9,198,718 | 1 | $9,496,681 | $4,507,926 | $3,743,278 |
| 2020 | $74,423,525 | $6,027,785 | $9,296,608 | $8,963,214 | 1 | — | $2,188,512 | $3,199,668 |
Under IRS private-foundation payout rules, We Energies Foundation Inc reported a distributable amount of $3.8M for 2024 — the minimum it must pay out in qualifying distributions.
Leadership & Key People
Officers and directors from IRS filings
We Energies Foundation Inc is led by M. Beth Straka, President & Director since 2022 (on filings since 2020); 1 of 8 officers listed in 2024 is compensated.
Officers on the 2024 filing
M. Beth Straka
President & Director
Vice President & Director → President & Director, 2022
On filings since 2020
$29K (2020) → $66K (2024)
Danielle L. Bly
Director
On filings since 2020
No compensation reported
Margaret C. Kelsey
Secretary & Director
Director → Secretary & Director, 2022
On filings since 2020
No compensation reported
Scott J. Lauber
Director
On filings since 2020
No compensation reported
Xia Liu
Vice President & Director
Director → Vice President & Director, 2022
On filings since 2021
No compensation reported
Kyle A Hoops
Director
New on the 2024 filing
No compensation reported
Michael W Hooper
Director
New on the 2024 filing
No compensation reported
William J. Guc
Treasurer
Treasurer & Secretary → Treasurer, 2024
On filings since 2020
No compensation reported
Former officers (4)
- Former: Gale E. Klappa (2020–2023) — Director
- Former: Paul J. Spicer (2020–2023) — Director
- Former: J. Kevin Fletcher (2020–2021) — President & Director
- Former: Tom Metcalfe (2020–2021) — Director
Data from IRS Form 990 filings, 2020–2024. "On filings since" is the earliest filing we hold that lists the person; hours are average hours per week as reported.
Compensation Overview
From 2024 IRS filing
The highest reported compensation on the 2024 filing was $66K, to M Beth Straka (President/Director).
Frequently asked questions about We Energies Foundation Inc
How much does We Energies Foundation Inc give each year?
We Energies Foundation Inc gave $11.4M across 1 grant in 2024, according to its 2024 IRS Form 990-PF. In 2023 it gave $14.6M across 1 grant.
How large is We Energies Foundation Inc?
We Energies Foundation Inc reported $87.6M in total assets on its 2024 IRS Form 990-PF. It paid out $11.7M in qualifying distributions that year, against a required minimum of $3.8M (roughly 5% of its investment assets).
Where does We Energies Foundation Inc operate?
We Energies Foundation Inc has awarded grants in Wisconsin.
What is We Energies Foundation Inc's EIN?
We Energies Foundation Inc's EIN (Employer Identification Number) is 39-1433726. IRS Form 990 filing data is available on this page for 2020–2024.
Data last updated October 2026. Sourced from IRS Form 990-PF filings.
Data update history
(6)
When this profile's IRS filing data changed on Grantable
- Updated Form 990-PF for fiscal year 2020 (received by the IRS October 29, 2021)
- Updated Form 990-PF for fiscal year 2021 (received by the IRS October 26, 2022)
- Updated Form 990-PF for fiscal year 2022 (received by the IRS October 13, 2023)
- Updated Form 990-PF for fiscal year 2023 (received by the IRS October 9, 2024)
- Updated Form 990-PF for fiscal year 2024 (received by the IRS October 14, 2025)
- IRS filings on file for fiscal years 2020–2024
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