William E Mcelroy Charitable Foundation
The William E McElroy Charitable Foundation is an independent private foundation established in 1994 and based in Milwaukee, Wisconsin. The foundation operates with limited staffing and focuses its philanthropic efforts on education and scholarship support.
Financial Overview
From 2025 IRS Form 990-PF · View filing
Total Assets
$3.4M
+3.9% YoY
Annual Giving
$194K
+6.8% YoY
Grant Count
14
+0.0% YoY
Avg Grant Size
$14K
+6.8% YoY
Mission & Focus Areas
The foundation's primary purpose is providing scholarships and educational support to boys graduating from high schools in Sangamon County, Illinois. Specifically, the foundation awards grants to male high school graduates from the region who meet a minimum academic achievement threshold of 3.5 on a 4.0 scale (or 4.5 on a 5.0 scale).
Grantmaking
Grant Range
$9,100
Review Cycle
- Prospective applicants should contact the foundation directly for inquiries
How to Apply
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Geographic Focus
Where this funder awards grants
The foundation restricts its grantmaking to boys graduating from high schools in Sangamon County, Illinois.
Grant Distribution by State
Cities
Financial History
Multi-year comparison from IRS filings
- Total Assets: $3.9 million
- Tax-Exempt Status: Since November 1993
- EIN: 37-6306920
| Metric | 2025 | 2024 | 2023 |
|---|---|---|---|
| Total Assets | $3,381,395 | $3,254,788 | $3,281,783 |
| Revenue | $382,282 | $211,233 | $101,752 |
| Expenses | $255,665 | $238,230 | $219,251 |
| Qualifying Distributions | $201,313 | $188,789 | $174,431 |
| Net Investment Income | $331,532 | $162,037 | $49,428 |
| Distributable Amount | $185,041 | $175,800 | $166,934 |
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
81 grants across all recorded years
Giving History
Grant recipients and amounts by year
No grants recorded for .
Leadership & Key People
Leadership team and compensation from IRS filings
- Mary Jo Janssen — Vice President (1 hour per week, no compensation reported)
- US Bank N.A. — Trustee (1 hour per week, $54,000 annual compensation)
Contact information:
- Mary Jo Janssen, U.S. Bank
- PO Box 19264
- Springfield, IL 62794
- (217) 753-7362
Compensation Overview
From 2025 IRS filing
From 2025 filing
| Name | Title | Hours | Compensation |
|---|---|---|---|
| MARY JO JANSSEN | VICE PRESIDENT | 1 | — |
| US BANK N A | TRUSTEE | 1 | $54,442 |
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Data last updated April 2026. Sourced from IRS Form 990-PF filings. Research dossier generated April 2026.
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