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Fund for Wisconsin Scholars, Inc.

Profile

Last Updated: 2016-07-29

At A Glance

Fund for Wisconsin Scholars, Inc.

(formerly Fund for Wisconsin Scholarship)

(also known as Fund for Wisconsin Scholars)

P.O. Box 5506

Madison, WI United States 53705-0506

Telephone: (608) 238-2400

URL: www.ffws.org

Type of Grantmaker

Independent foundation

Additional Descriptor

  • Celebrity: Business

Financial Data

(yr. ended 2015-06-30)

Assets: $180,994,596

Total giving: $8,703,728

EIN

261412296

BRIDGE Number

4506922401

Background

Established in 2007 in WI - Founded by Tashia and John Morgridge. Mr. Morgridge is the former Chairman of the Board of Cisco Systems, a multinational communications technology corporation. He also serves on several corporate and charity boards of directors, including the Nature Conservancy and the Wisconsin Alumni Research Foundation. Tashia and John Morgridge have committed to The Giving Pledge, and have pledged to give away at least half of their wealth to philanthropy.

Purpose and Activities

The fund provides need-based grants to support the access to and completion of college, to graduates of Wisconsin public high schools who are attending Wisconsin public colleges. The Fund for Wisconsin Scholars will help reduce the financial barriers to college and lighten the debt that many Wisconsin students incur during their college years by providing need-based grants. .

Program Area(s)

The grantmaker has identified the following area(s) of interest:

Grants to Individuals Program

Need-based grants to recent graduates of Wisconsin public high schools. .

Fields of Interest

Subjects
  • Community college education
  • Education
  • Higher education
  • University education
Population Groups
  • Academics
  • Economically disadvantaged people
  • Low-income and poor people
  • Students

Financial Data

Year ended 2015-06-30

Assets: $180,994,596 (market value)

Expenditures: $10,571,341

Total giving: $8,703,728

Qualifying distributions: $9,072,162

Giving activities include:

$8,608,728 for 2 grants (high: $7,589,321; low: $1,019,407)

$95,000 for 190 grants to individuals