1923 Fund

Organization Overview

1923 Fund is located in Milwaukee, WI. The organization was established in 1996. According to its NTEE Classification (T20) the organization is classified as: Private Grantmaking Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. 1923 Fund is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2023, 1923 Fund generated $12.4m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 18.3% each year . All expenses for the organization totaled $4.2m during the year ending 12/2023. While expenses have increased by 2.0% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Since 2018, 1923 Fund has awarded 86 individual grants totaling $18,821,399. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.

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Board, Officers & Key Employees

Name (title)Compensation
Us Bank
Trustee
$250,552
Steven P Dhein
Chief Advisor
$2,272
David H Cofrin
Co-Advisor
$0
Robert Howe
Advisor
$48,805
Cindy Follick
Secretary
$0
Ellen Weidner
Advisor
$0

Financial Statements

Statement of Revenue
Contributions, Gifts, Grants & Similar $10,782,032
Interest on Savings $0
Dividends & Interest $1,757,425
Net Rental Income$0
Net Gain on Sale of Assets -$263,424
Capital Gain Net Income $0
Net ST Capital Gain $0
Income Modifications $0
Profit on Inventory Sales $0
Other Income $123,562
Total Revenue $12,399,595

Grants Awarded

Over the last fiscal year, 1923 Fund has awarded $3,716,928 in support to 16 organizations.

Grant RecipientAmount

UNIVERSITY OF WISCONSIN

PURPOSE: GENERAL OPERATING

$586,000

BAIRD CREEK PRESERVATION FOUNDATION

PURPOSE: GENERAL OPERATING

$20,000

NATIONAL RAILROAD MUSEUM

PURPOSE: GENERAL OPERATING

$100,000

UNIVERSITY OF FLORIDA FOUNDATION

PURPOSE: GENERAL OPERATING

$500,000

BOYS AND GIRLS CLUBS

PURPOSE: GENERAL OPERATING

$55,000

DOOR COUNTY MARITIME MUSEUM

PURPOSE: GENERAL OPERATING

$100,000
View Grant Profile

Peer Organizations

Organization NameAssets
Schoeneckers Foundation
Minneapolis, MN
$12,855,958
Emerson Elec Charitable Trust
Po Box Chica, IL
$20,800,942
Douglas & Maria Devos Foundation
Grand Rapids, MI
$3,239,799
The Baxter Foundation
Deerfield, IL
$7,309,888
Joseph L & Sarah S Marcum Foundation
Chicago, IL
$6,419,437
Zell Family Foundation
Chicago, IL
$8,732,513
Principal Financial Group Foundation Inc
Des Moines, IA
$8,162,842
Marie C & Joseph C Wilson Foundation
Chicago, IL
$53,412
The Bobolink Foundation
Chicago, IL
$38,620,882
Argosy Foundation
Milwaukee, WI
$16,686,500
Alphawood Foundation
Chicago, IL
$15,256,055
The Ceres Trust
Milwaukee, WI
$1,828,277
Peoples Support Foundation Limited
Chicago, IL
$4,214,350
Roger And Susan Stone Family Foundation
Northbrook, IL
$228,679
American Family Insurance Dreams Foundation Inc
Madison, WI
$25,226,375
Jjy Family Foundation
Lagrange, IL
$7,182,696
Jackson Kemper Foundation
Hawthorn Woods, IL
$2,253,390
We Energies Foundation Inc
Milwaukee, WI
$22,116,769
Reva & David Logan Foundation
Chicago, IL
$4,226,313
Whirlpool Foundation
Benton Harbor, MI
$7,408,986
The Duchossois Family Foundation
Chicago, IL
$2,212,274
Joseph And Vera Zilber Family
Milwaukee, WI
$24,555,392
Fca Foundation
Auburn Hills, MI
$13,834,063
The Rhoades Foundation C/O Thomas Opferman
Chicago, IL
$3,759,473
Cargill Foundation
Minneapolis, MN
-$2,654,031

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