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    3. Wisconsin Alumni Research Foundation
    Wisconsin Alumni Research Foundation logo

    Wisconsin Alumni Research Foundation

    ActivePublic CharityEducation
    MADISON, WIWebsiteEIN: 39-08336123 filings on record

    About Wisconsin Alumni Research Foundation

    To support scientific research within the UW-Madison community by providing financial support, actively managing assets and moving innovations to the marketplace for a financial return and global impact

    Focus Areas

    Health care / drug discoveryFood & agricultureClean technologyComputer science & engineeringResearch toolsChemistry / materials

    About Wisconsin Alumni Research Foundation

    Wisconsin Alumni Research Foundation’s largest recent grant went to the University of Wisconsin - Madison, with $111,325,998 awarded in 2025 for program services tied to the university’s research mission. That scale is consistent with a funder built around UW-Madison science: the foundation’s grantmaking centers on research support, faculty support, and the movement of university inventions toward commercialization. Its active programs include annual research support to UW-Madison, faculty fellowships and named professorships, startup support, and translational work in therapeutics. The pattern in the recent grants list shows substantial recurring support rather than isolated awards. University of Wisconsin - Madison received top awards in 2023, 2024, and 2025, while Morgridge Institute for Research also appears repeatedly across those years. Beyond core research funding, WARF uses its programs to back recruitment and retention of faculty, multidisciplinary research, invention disclosure awards, and startup formation tied to UW-Madison technologies. The foundation’s existing focus areas include health care and drug discovery, food and agriculture, clean technology, computer science and engineering, research tools, and chemistry and materials.

    What Wisconsin Alumni Research Foundation Funds

    A major strand of Wisconsin Alumni Research Foundation’s work is direct research support for UW-Madison. Its annual grant to the university funds research projects, research people, research facilities, and operational support, while the Fall Research Competition supports new areas of research, junior faculty, and multidisciplinary proposals. Faculty investment is another clear theme. The Faculty Fellowships and Endowment for Excellence program supports recruitment and retention through WARF Named Professorships, Kellett Mid-Career Awards, and H.I. Romnes Faculty Fellowships. The foundation also backs commercialization. WARF Startup Advantage provides education, acceleration, direct investments, and local partnerships for startups formed to commercialize UW-Madison technologies. WARF Innovation Awards recognize high-potential invention disclosures from UW-Madison, and WARF Therapeutics supports translational research and preclinical development of therapeutic assets.

    How Wisconsin Alumni Research Foundation Gives

    The distribution of grant size is wide: the 25th percentile is $6,285,000, the median is $46,690,172, and the 75th percentile is $87,507,358. That points to a funder making very large awards rather than small, scattered grants. The recent grants list also shows repeat support across multiple years for the same institutions, especially UW-Madison and Morgridge Institute for Research, indicating an ongoing funding relationship. Wisconsin Alumni Research Foundation is a public charity and a regular funder. Some programs accept unsolicited submissions, including Startup Advantage, Innovation Awards, Fall Research Competition, Accelerator, and WARF Therapeutics, while others are invitation-based or tied to the university.

    Financial Snapshot

    Annual Giving

    $344.8M

    Total Assets

    $3.4B

    Total Revenue

    $189.3M

    Total Expenses

    $220M

    Typical Grant Size

    Most grants fall between $6.3M and $87.5M, with a median of $46.7M.

    25th Percentile

    $6.3M

    Median

    $46.7M

    75th Percentile

    $87.5M

    Geographic Reach

    Local1 state funded

    About 100% of grants go to recipients in WI.

    Funding intensity
    Low
    High
    Headquarters

    Leadership

    ERIK IVERSON

    TRUSTEE/CEO, SECRETARY

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    Where Wisconsin Alumni Research Foundation Makes Grants

    Grantmaking is geographically concentrated in Wisconsin. All listed recent grants went to recipients in the U.S., and 100% of grants were awarded to recipients in the headquarters state. The main recipient city in the recent grants is Madison, with both the University of Wisconsin - Madison and Morgridge Institute for Research appearing there. Active programs are also centered on Madison and UW-Madison, with the broader geographic scope of giving described as local.

    Frequently Asked Questions About Wisconsin Alumni Research Foundation

    What kinds of work does Wisconsin Alumni Research Foundation support?

    Its active programs support UW-Madison research projects, faculty fellowships, startup formation around university technologies, invention disclosure awards, and translational therapeutics work. The listed focus areas also include health care and drug discovery, food and agriculture, clean technology, computer science and engineering, research tools, and chemistry and materials.

    Does Wisconsin Alumni Research Foundation support only one institution?

    The recent grants list is concentrated in Madison, and the foundation’s active programs are built around UW-Madison. The University of Wisconsin - Madison and Morgridge Institute for Research appear repeatedly in the recent grant records, both in Madison, Wisconsin.

    What is the typical size of a grant from Wisconsin Alumni Research Foundation?

    The grant-size distribution is very large: the 25th percentile is $6,285,000, the median is $46,690,172, and the 75th percentile is $87,507,358. The recent grants list includes awards above $100 million to the University of Wisconsin - Madison.

    Can applicants submit unsolicited requests?

    Some programs accept unsolicited submissions, including WARF Startup Advantage, WARF Innovation Awards, the Fall Research Competition, WARF Accelerator, and WARF Therapeutics. Other programs are not unsolicited and are tied to UW-Madison or specific annual support arrangements.

    Latest 990 Filing

    2025

    Source: IRS Form 990-PF, fiscal year 2025.

    Recent Grants

    Most recent grants reported to the IRS.

    RecipientLocationAmountYearPurpose
    UNIVERSITY OF WISCONSIN - MADISONMADISON, WI$111,325,9982025SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A
    MORGRIDGE INSTITUTE FOR RESEARCHMADISON, WI$45,071,4292025SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B
    UNIVERSITY OF WISCONSIN - MADISONMADISON, WI$86,770,3432024SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A
    MORGRIDGE INSTITUTE FOR RESEARCHMADISON, WI$5,310,0002024SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B
    UNIVERSITY OF WISCONSIN - MADISONMADISON, WI$89,718,4042023SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A
    MORGRIDGE INSTITUTE FOR RESEARCHMADISON, WI$6,610,0002023SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B

    UNIVERSITY OF WISCONSIN - MADISON

    $111,325,998
    MADISON, WI2025

    SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A

    MORGRIDGE INSTITUTE FOR RESEARCH

    $45,071,429
    MADISON, WI2025

    SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B

    UNIVERSITY OF WISCONSIN - MADISON

    $86,770,343
    MADISON, WI2024

    SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A

    MORGRIDGE INSTITUTE FOR RESEARCH

    $5,310,000
    MADISON, WI2024

    SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B

    UNIVERSITY OF WISCONSIN - MADISON

    $89,718,404
    MADISON, WI2023

    SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4A

    MORGRIDGE INSTITUTE FOR RESEARCH

    $6,610,000
    MADISON, WI2023

    SEE PROGRAM SERVICE ACCOMPLISHMENTS; FORM 990, PART III, LINE 4B