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    3. Milwaukee Development

    Milwaukee Development

    ActiveCommunity Improvement
    MILWAUKEE, WI4142874126EIN: 93-08286872 filings on record
    See If You're a Fit — Free

    About Milwaukee Development

    The Milwaukee Development Corporation concentrates virtually all of its grantmaking on local economic recovery, directing large, targeted funds to the city’s development agency to support small businesses affected by the COVID-19 pandemic. Its giving is place-based and programmatic, focused on stabilizing and revitalizing Milwaukee’s small business sector through a public-facing economic development intermediary.

    Focus Areas

    COVID-19 small business recovery programs in MilwaukeeCity-level economic development and business stabilization initiativesPublic–private implementation through municipal development agencies

    Who They Fund

    small business ownersmicro-enterpriseslocal independent businesses

    Giving Approach

    Highly concentrated: very large grants to a single repeat grantee (Milwaukee Economic Development Corporation) for program-specific pandemic relief work; place-restricted and operational/program support rather than broad diversified funding.

    Funding Style

    emergency recovery grants

    Financial Snapshot

    Annual Giving

    $20.3M

    Total Assets

    $4.7M

    Total Revenue

    $21.9M

    Total Expenses

    $21.9M

    Typical Grant Size

    Most grants fall between $18.7M and $19.8M, with a median of $19.2M.

    25th Percentile

    $18.7M

    Median

    $19.2M

    75th Percentile

    $19.8M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in WI.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    PATRICK O'BRIEN

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    Community Development GrantsCommunity Development Grants in WisconsinGrants in Wisconsin

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    Free account · instant fit score · similar funders
    direct financial assistance
    short-term relief
    business continuity support

    Notable grantees: Milwaukee Economic Development Corporation

    Topics

    small business recovery from COVID-19economic stabilization of local businessescash-flow and operating cost supportreopening and adaptive resilience
    Latest 990 Filing

    2024

    Source: IRS Form 990-PF, fiscal year 2024.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    MILWAUKEE ECONOMIC DEVELOPMENT CORPORATIONMILWAUKEE, WI$20,322,5002024TO SUPPORT SMALL BUSINESSES RECOVERING FROM COVID-19 PANDEMIC
    MILWAUKEE ECONOMIC DEVELOPMENT CORPORATIONMILWAUKEE, WI$18,162,5152023TO SUPPORT SMALL BUSINESSES RECOVERING FROM COVID-19 PANDEMIC

    MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION

    $20,322,500
    MILWAUKEE, WI2024

    TO SUPPORT SMALL BUSINESSES RECOVERING FROM COVID-19 PANDEMIC

    MILWAUKEE ECONOMIC DEVELOPMENT CORPORATION

    $18,162,515
    MILWAUKEE, WI2023

    TO SUPPORT SMALL BUSINESSES RECOVERING FROM COVID-19 PANDEMIC