The WHEDA Foundation, Inc. is a philanthropic organization established by the Wisconsin Housing and Economic Development Authority (WHEDA) in 1983. Based in Madison, Wisconsin, the Foundation administers housing grant funds and serves as a philanthropic partner generating financial support for initiatives that complement WHEDA's work and mission.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$2.9M
-23.9% YoY
Annual Giving
$2.4M
+38.9% YoY
Grant Count
60
+30.4% YoY
Avg Grant Size
$39K
+6.5% YoY
Mission & Focus Areas
Mission: The WHEDA Foundation, Inc. is dedicated to enhancing housing and economic opportunity for the residents of Wisconsin.
Primary Focus Areas:
- Emergency shelter and transitional housing
- Permanent housing for extremely low-income populations
- Housing for individuals with complex needs, including:
- People with developmental or intellectual disabilities
- Individuals experiencing intimate partner violence
- Individuals with incomes at or below 30% of area median income
- Youth experiencing homelessness
- People with mental and behavioral health conditions
Grantmaking
Grant Range
- Typical awards range: $5,920–$59,911
Review Cycle
August 12, 2024
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Geographic Focus
Where this funder awards grants
Wisconsin statewide (all counties)
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total assets: $2,859,262
- Total giving: $2,482,384
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $2,859,262 | $3,758,188 | $1,165,222 |
| Revenue | $2,000,000 | $2,500,000 | $2,150,000 |
| Expenses | $2,482,384 | $1,695,906 | $2,000,000 |
| Qualifying Distributions | — | — | — |
| Net Investment Income | — | — | — |
| 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 10 recipients in 2025
Grant Size Distribution
212 grants across all recorded years
Open Grants
1 open opportunity from Wheda Foundation Inc
Giving History
Grant recipients and amounts by year
Among its reported 2025 grants, the largest include Veterans 1st of NEW Inc ($50,000), Golden House Inc ($50,000), Redeemer Lutheran Church ($50,000).
| Recipient | Purpose | Amount |
|---|---|---|
| Craig Kinney Apartments Inc Madison, WI | Permanent | $23,120 |
| Hope Street Ministry Milwaukee, WI | Permanent | $47,990 |
| Veterans 1st of NEW Inc Suamico, WI | Permanent | $50,000 |
| Baraboo Area Homeless Shelter Baraboo, WI | Emergency/Transitional | $41,913 |
| Golden House Inc Green Bay, WI | Emergency/Transitional | $50,000 |
| Redeemer Lutheran Church Milwaukee, WI | Emergency/Transitional | $50,000 |
| House of Hope Green Bay Inc Green Bay, WI | Emergency/Transitional | $44,755 |
| Advocates of Ozaukee Inc Saukville, WI | Emergency/Transitional | $17,000 |
| Burlington Transitional Living Center Inc Kansasville, WI | Emergency/Transitional | $50,000 |
| CAP Services Inc Stevens Point, WI | Emergency/Transitional | $50,000 |
Leadership & Key People
Officers and directors from IRS filings
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| Elmer Moore | President/Director | 0.25 | — |
| Sherry L Gerondale | Secretary/Treasurer/Director | 0.25 | — |
| Kathryn Dunn | Director | 0.25 | — |
| Melissa Baxter | Director | 0.25 | — |
Recent News & Activity
Recent developments and announcements
The WHEDA Foundation celebrated its 40th anniversary in 2025, marking four decades since the Housing Grant Program's inception in 1985. The Foundation continues to accept applications annually for its Housing Grant Program, with awards announced in December of each year. Recent grant cycles have maintained consistent funding levels at $2 million per cycle.
WHEDA opens Housing Grant Program applications - ibmadison.comSubject Areas
Focus areas based on grantmaking activity
Frequently Asked Questions
What does Wheda Foundation Inc fund?
**Mission:** The WHEDA Foundation, Inc. is dedicated to enhancing housing and economic opportunity for the residents of Wisconsin. **Primary Focus Areas:** • Emergency shelter and transitional housing • Permanent housing for extremely low-income populations • Housing for individuals with complex needs, including: • People with developmental or intellectual disabilities • Individuals experiencing intimate partner violence • Individuals with incomes at or below 30% of area median income • Youth e…
How do I apply for a grant from Wheda Foundation Inc?
**Grant Program:** Housing Grant Program (administered since 1985) **Grant Amounts:** • Maximum grant: $50,000 • No minimum grant size • Typical awards range: $5,920–$59,911 **Eligible Uses of Funds:** • Site acquisition and development activities • Building conversions and additions • Handicapped accessibility improvements • Rehabilitation • Building acquisition • New construction **Eligible Applicants:** • Nonprofit organizations or cooperatives organized under Wisconsin Statutes Chapters 181…
Where does Wheda Foundation Inc make grants?
Wisconsin statewide (all counties)
What size grants does Wheda Foundation Inc award?
In 2025, Wheda Foundation Inc awarded 60 grants totaling $2.4M — an average of about $39K per grant, based on its IRS Form 990 filings.
What is Wheda Foundation Inc's EIN?
Wheda Foundation Inc's EIN (Employer Identification Number) is 39-1464540. IRS Form 990 filing data is available on this page for 2021–2025.
Explore Open Grants
Browse active grant opportunities in Wheda Foundation Inc's focus areas in our free grants database
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Data last updated June 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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