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Madison Community Foundation
Madison Community Foundation was created in 1942 as Madison Community Trust. Bob Sorge serves as its President and CEO. The foundation receives assets from...
Madison Community Foundation
Madison Community Foundation was created in 1942 as Madison Community Trust. Bob Sorge serves as its President and CEO. The foundation receives assets from individuals and families who convert private vehicles into donor-advised or endowed funds at MCF. The foundation targets a diversified portfolio with allocations to global equities, fixed income, real assets, and hedge fund strategies. It holds positions through Commonfund vehicles including CF SS Global Private Equity Fund II LP and Commonfund Alternatives Portfolio. Geographic exposure centers on the United States with additional holdings in global natural resources and private equity. Confirmed co-investors include Forward Community Investments in the Dane County Diverse Business Guaranty Fund. The organization employs 23 professionals at its Madison headquarters. It maintains relationships with service providers Commonfund (OCIO since 2006), UBS Financial Services, and Reinhart Boerner Van Deuren. In May 2024 the foundation sponsored the Madison Gives event at Monona Terrace. It also operates affiliated vehicles including A Fund for Women and the Goodman Nonprofit Center. MCF differs from typical private foundations through its open structure that accepts assets from any donor and its formal accreditation by the Community Foundations National Standards Board. Governance includes an Investment Committee with members drawn from State of Wisconsin Investment Board alumni and local operating companies.
General information
Firm type
Endowment / Foundation
Year founded
1942
Location
Region
North America
Country
United States
City
Madison
Corporate office
111 N Fairchild Street, Suite 260, Madison, WI 53703
Principals
Bob Sorge
President and CEO
Gary Mecklenburg
Chair of the Investment Committee
Sector focus
Frequently asked questions
Who runs investment decisions at Madison Community Foundation?
Bob Sorge serves as President and CEO. Gary Mecklenburg chairs the Investment Committee. The committee includes David Stark and Blaine Renfert.
How does Madison Community Foundation source proprietary deal flow?
The foundation routes most alternatives exposure through its OCIO Commonfund. It also participates in local impact vehicles such as the Dane County Diverse Business Guaranty Fund alongside Forward Community Investments.
Does Madison Community Foundation participate in fund commitments or only direct deals?
The foundation commits to funds through Commonfund vehicles including private equity and credit series. It also holds a minority position in private real estate via Commonfund.
What investment stages does Madison Community Foundation typically target?
The portfolio includes venture capital allocations alongside private equity and natural resources. No stage restrictions are disclosed beyond the targets set in the Diversified Portfolio.
Where does the underlying wealth come from?
Assets arrive from individual donors and families who establish funds at MCF. Notable examples include the Lau and Bea Christensen family and the Irwin A. and Robert D. Goodman Foundation.
Does Madison Community Foundation maintain philanthropic structures, and how are they separated?
MCF operates multiple named endowments including A Fund for Women and the Women Artists Forward Fund. These sit within the foundation and are governed by its board and investment committee.
What is Madison Community Foundation's known posture on co-investments alongside external GPs?
The foundation co-invests through Commonfund vehicles and has partnered directly with Forward Community Investments on the Dane County Diverse Business Guaranty Fund.
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