Financial Information
The Madison Community Foundation is a community trust established in 1942 to build and administer assets and to distribute the earnings for the benefit of people and places in Dane County and beyond. The foundation is a tax-exempt, 501(c)(3) public charity, as designated by the Internal Revenue Service. Contributions are deductible to the fullest extent of the law. Charitable distributions can be made to any charity throughout the United States. Community impact grantmaking is directed to efforts within Dane County, Wisconsin.
Diligence and attention are given to managing the investment of charitable assets, which have grown to over $115 million. An investment committee which consists of knowledgeable volunteers and board members works closely with investment partners to manage both a diversified investment portfolio and a socially responsive portfolio. Commonfund, the only nonprofit investment management firm in the country, administers the diversified portfolio. They oversee more than $40 billion in assets for colleges, universities, foundations and charitable organizations. Walden Asset Management has been a leader in socially responsive investing since 1975. It is a division of Boston Trust and Management Company.
We also invite you to view the
MCF investment snapshot as of June 30, 2010.
Madison Community Foundation Investment Committee:
- Joan A. Burke (chair) - First Business Trust & Investment Services
- George Austin - retired, Thompson Plumb
- Jack Bolz - retired, Oscar Mayer
- Jim Bradley - Home Savings Bank
- Steve Brown - Steve Brown Apartments
- Mary Burke - retired, Wisconsin Department of Commerce
- Betty Harris Custer, CFP - Custer Financial Services
- Roger Ervin - Wisconsin Department of Revenue
- Phyllis Lovrien - Morgan Stanley Smith Barney
- Mark Ready - UW School of Business
- David Reinecke (ex officio) - Foley & Lardner
- Victor Rodriguez - Robert W. Baird & Company
- BIll White - Michael, Best & Friedrich, LLP
- Gary Wolter - Madison Gas & Electric
For questions or comments on MCF investments, please contact
Ann Casey, Vice President of Finance, at (608) 232-1763.