Henry J. Predolin Foundation

Henry J. Predolin Foundation

The Henry J. Predolin Foundation was established in 1998 in Madison, Wisconsin as a private 501(c)(3) entity, funded by the estate of the late Henry J. Predolin. , a regional manufacturer of precast concrete products. Under the direction of President Robert E. Chritton, the Predolin family's longtime attorney, the foundation channels its assets into a defined set of charitable causes within its home community. Investment oversight is guided by board member David Erickson, CIO of Ascension Investment Management and a CFA charterholder. While the foundation's portfolio is not publicly disclosed in detail, it is known to hold a mixed pool of assets including corporate stock, corporate bonds, and government obligations — consistent with a conservative total-return mandate designed to sustain grantmaking indefinitely. The foundation's primary deployment is grantmaking rather than venture or private equity, heavily concentrated on local institutions including Edgewood College, where it has endowed the Henry Predolin School of Nursing, Predolin Hall, and the Henry J. Predolin Humanities Center. Beyond education, the foundation's charitable scope extends to medical research, treatment programs, and food and housing initiatives for indigent children. It functions as a major corporate partner and leadership donor to the United Way of Dane County, and supports programs providing dairy products to vulnerable families. With an estimated AUM of roughly $69 million (Altss estimate), the foundation operates with a lean administrative footprint; its last known organizational changes or grant distributions have not been publicly updated in the past 24 months. The foundation's structural differentiator is its profound geographic and institutional concentration. Rather than acting as a generalist grantmaker, the Predolin Foundation is a single-campus philanthropic engine for Edgewood College and tightly defined Dane County safety-net programs. This makes it a descendant of the founder's original business logic — serve the region — translated directly into philanthropic charter.