Financials & Investments

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.

MCF 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 $170 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 $24 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.

Madison Community Foundation's financial documents:

We invite you to review the MCF Investment Overview as of 9/30/2017, as well as the Commonfund Endowment Performance as of 9/30/2017.

Madison Community Foundation Investment Committee:

Ron Mensink, Chair - retired, State of Wisconsin Investment Board
Diane Ballweg, Ex-Officio
Joan A. Burke - First Business Trust & Investment Services
Phyllis Lovrien - Morgan Stanley Smith Barney
Gary Mecklenburg - retired, Waud Capital Partners
Tom Olson - University of Wisconsin Foundation
Mark Ready - UW- Madison School of Business
David Reinecke - Foley and Lardner, LLP
Blaine Renfert, Ex-Officio - General Council with Sub-Zero Group, Inc.
David Stark - Stark Company Realtors
Carrie Thome - Wisconsin Alumni Research Foundation