Generac Foundation Inc
EIN 881928522 Private FoundationAbout
As explained below, the Foundation has no plans for dissolution. This statement is submitted to report the distribution of certain assets during the year. The distributions resulted in a substantial contraction of assets. The following information is submitted in accordance with Treasury Regulation Section 1.6043-3(a)(1) and the Form 990-PF instructions: During the taxable year ending December 31, 2023, the Foundation made distributions from assets from sources other than current income. Collectively, the distributions in excess of current income totaled $637,825. This amount represents 25% or more of the Foundation's net assets of $7,892 (as measured by fair market value) at the beginning of the Foundation's taxable year ending December 31, 2023. Although the Foundation technically experienced a substantial contraction, it will continue in existence and has no plans for dissolution. The Foundation made distributions of cash to the grantees listed in the attachment to Part XIV, Line 3a; each such grant was made solely for the charitable purpose specified therein.
Focus Areas
Application Information
Financial Trends
Giving Over Time
Total Assets Over Time
View financial data as table
| Year | Total Giving | Total Assets | Revenue | Grants |
|---|---|---|---|---|
| 2022 | N/A | $8K | $16K | N/A |
| 2023 | $638K | $30K | $684K | 274 |
Grant Size Distribution
Based on 274 grants on record
Geographic Distribution
Texas Counties Served
Top 3 counties
- 1 Tarrant
- 2 Harris
- 3 Travis
Officers & Directors
Grants Awarded (274 total)
| Purpose | ||||
|---|---|---|---|---|
| Gps Education Partners Inc | Waukesha, WI | $53,000 | General & Unrestricted | 2023 |
| Milwaukee School of Engineering | Milwaukee, WI | $15,000 | STEM on Site Expansion: Engineering Program | 2023 |
| American Logistics Aid Network | Lakeland, FL | $10,000 | Coordinating Logistics Solutions program | 2023 |
| American Red Cross | Milwaukee, WI | $10,000 | Sound the Alarm program | 2023 |
| Carroll University Inc | Waukesha, WI | $10,000 | Drone summer camp sponsorship | 2023 |
| Discovery World Ltd | Milwaukee, WI | $10,000 | LEGO Robot Engineer summer camp sponsorship fund | 2023 |
| Footprint Project | Eagan, MN | $10,000 | General & Unrestricted | 2023 |
| Habitat for Humanity International Inc | Racine, WI | $10,000 | veterans village repair project | 2023 |
| Information Technology Disaster Resource Center in | Fort Worth, TX | $10,000 | General & Unrestricted | 2023 |
| Leahy Center for Lake Champlain Inc | Burlington, VT | $10,000 | Physics Phun Day, Circuit Circus and Community Science night sponsorship fund | 2023 |
| Leukemia & Lymphoma Society Inc | New York, NY | $10,000 | Upper Plains Region Milwaukee Walk sponsorship fund | 2023 |
| Massachusetts Institute of Technology | Cambridge, MA | $10,000 | MIT Climate and Energy sponsorship fund | 2023 |
| Milwaukee County War Memorial Inc | Milwaukee, WI | $10,000 | Until they are home exhibit | 2023 |
| National Energy Education Development Project Inc | Manassas, VA | $10,000 | U.S. Department of Energy Solar Decathlon sponsorship fund | 2023 |
| Portland Education Foundation | Portland, ME | $10,000 | STEM program | 2023 |
| St Bernard Project Inc | New Orleans, LA | $10,000 | General & Unrestricted | 2023 |
| Team Rubicon | Los Angeles, CA | $10,000 | Disaster response fund | 2023 |
| Toolbank Usa Inc | Atlanta, GA | $10,000 | ToolBank Disaster Services (TDS) program | 2023 |
| University of South Carolina | Columbia, SC | $10,000 | Ruth Patrick Science Education Center programs: Full STEAM Ahead camp, Content Series Student Program, SEED STEM... | 2023 |
| Vermont Energy Education Program Incorporated | Montpelier, VT | $10,000 | deliver clean energy education to schools near Burlington, VT | 2023 |
| Veterans Community Project | Kansas City, MO | $10,000 | VCP of Milwaukee | 2023 |
| Wi Veterans Chamber Foundation Inc | Milwaukee, WI | $10,000 | Wisconsin Veterans Day Parade sponsorship fund | 2023 |
| Wisconsin First Robotics Inc | Pewaukee, WI | $10,000 | General & Unrestricted | 2023 |
| Stem Forward Inc | Milwaukee, WI | $8,500 | Future City Program & Wisconsin Regional Competition, Engineering Machine Design Contests and Contrapt... | 2023 |
| Marquette University | Milwaukee, WI | $7,500 | Summer Engineering Experiences with the Opus College of Engineering | 2023 |
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