Updated:
Greater Milwaukee Foundation
The Greater Milwaukee Foundation was established in 1915. It operates as a community foundation that aggregates donor-advised and permanent funds to address...
Greater Milwaukee Foundation
The Greater Milwaukee Foundation was established in 1915. It operates as a community foundation that aggregates donor-advised and permanent funds to address regional priorities. The foundation allocates across public equities, fixed income, alternatives and direct impact investments. Confirmed holdings include a 50% interest in ThriveOn King LLC, a $105M mixed-use redevelopment in Milwaukee, and limited partnership interests in Bain Capital Venture Fund 2021 and Gateway Capital. It also maintains an impact portfolio valued at $22M focused on local loans and equity. Geographic exposure centers on Wisconsin with additional commitments to national venture funds. Assets total $1.03B. The foundation employs investment advisors Marquette Associates and maintains custodian relationships with BMO Bank and U.S. Bank. It participates in the Wisconsin Impact Investing Collaborative and holds membership in the Council on Foundations. October 2024: Sponsored the On the Table MKE community dialogue event. The foundation combines grantmaking with direct ownership of operating assets such as ThriveOn King LLC. This structure allows it to deploy capital through both philanthropic distributions and joint-venture real estate vehicles without external fund commitments as the primary channel.
General information
Firm type
Community Foundation
Year founded
1915
Location
Region
North America
Country
United States
City
New Haven
Corporate office
2153 N. Dr. Martin Luther King Jr. Drive, Suite 4000, Milwaukee, WI 53212, United States
Principals
Greg Wesley
President and CEO
Sector focus
Frequently asked questions
Who runs investment decisions at Greater Milwaukee Foundation?
Greg Wesley serves as President and CEO. Marquette Associates acts as the current investment advisor.
Does Greater Milwaukee Foundation participate in fund commitments or only direct deals?
It holds limited partnership interests in Bain Capital Venture Fund 2021 and Gateway Capital alongside direct ownership in ThriveOn King LLC.
What asset classes appear in the foundation's investment pool?
The pool targets 27% large cap equity, 16.5% international equity, 19% fixed income and 25% alternatives.
Where does Greater Milwaukee Foundation deploy capital geographically?
Primary activity occurs in Milwaukee, Waukesha, Ozaukee and Washington counties with additional exposure through national venture funds.
How is the foundation related to ThriveOn King?
It holds a 50% ownership stake in ThriveOn King LLC through a joint venture with Medical College of Wisconsin and Royal Capital.
Profile maintained by Altss using OSINT (open-source intelligence), regulatory filings, licensed data partners, and verified direct submissions. Read the methodology. Last updated: . Continuous refresh with full update cycles at least every 30 days.
Need institutional-grade insight on registered investment advisers?
Altss delivers:
Prefer a guided tour?
We’ll walk you through: