Charity Search / FUND FOR WISCONSIN SCHOLARS INC
Philanthropy & Grantmaking (T22) 990 on File

FUND FOR WISCONSIN SCHOLARS INC

EIN: 26-1412296 · MADISON, WI 53715-1812 · United States · FY 2024 Data
3 out of 5 50 / 100 Based on 2+ years of filings
Financial strength (30%) 90/100
Reliability (20%) 50/100
Effectiveness (25%) 51/100
Impact (25%) No data yet
Financial data: FY 2024 · Scored 9/13/2026
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Financial Overview — FY 2024
$38.4M
Total Revenue
$18.3M
Total Expenses
$303.6M
Net Assets
N/A
Employees
Revenue Sources
Expense Breakdown
Program Expense Ratio 89.5%
Fundraising Efficiency N/A
Operating Reserve 198.74x
Liability-to-Asset 0.1%
Revenue Diversification 65.1%
Executive Compensation $311K
Compared with Peers
FY 2024
Compared with 923 similar organizations (United States, Philanthropy & Grantmaking, $10M–$100M in expenses), FY 2024.
This organization Middle half of peers (P25–P75) Peer median
Ratio This org Peer median Position (P10 → P90)
Program expense ratio
Program expenses / total expenses · higher is better
89.5% 91.7%
P10P90
Below median
Operating reserve
Months of expenses covered by net assets · higher is better
198.7 mo 70.2 mo
P10P90
Top quarter
Liabilities to assets
Total liabilities / total assets · lower is better
0.1% 2.5%
P10P90
Above median
Revenue concentration
Share of revenue from the largest source · lower is better
65.1% 88.2%
P10P90
Top quarter
Revenue growth
Year over year revenue growth
223.1% 17.6%
P10P90
Expense growth
Year over year expense growth
18.7% 10.6%
P10P90
Surplus margin
Surplus as a share of revenue
52.3% 6.3%
P10P90
Financial History
Year Revenue Expenses Net Assets Program % Staff
2024 $38.4M $18.3M $303.6M 89.5%
2023 $11.9M $15.4M $271.8M 89.9%
2022 $22.0M $14.1M $273.0M 86.5%
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Organization Details
EIN
26-1412296
State
WI
City
MADISON
ZIP
53715-1812
Classification
T22
Category
Philanthropy & Grantmaking
Rating
3★
Coverage
A
Last Updated
Aug 2026
Form 990
On File
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