Private foundation · Madison, WI
First Business Charitable Foundation Inc
Typical grant size
$1K – $2K – $4K
25th · median · 75th percentile
Unique recipients
74
Repeat grantees
36
funded 2+ years
Application procedures · from 2024 990-PF
DeadlinesNone
ContactBrian Spielmann VP · 6082325977
MaterialsBy initial letter of inquiry with name of person whom the foundation should contact
RestrictionsLocal organizations engaged in non-profit activities designed improve the economic and social well being of the community by First Business Financial Services, Inc
Leadership · from 2024 990-PF
First Business Bank
Trustee
$2K
Jim Hartlieb
President & Director
Brian Spielmann
Vice President, Treasurer & Director
Pauline Hittesdorf
Secretary
Corey Chambas
Director
Mark Meloy
Director
David Seiler
Director
Brendan Freeman
President & Director
Ed Sloane
Vice President & Treasurer
First Business Trust Investment
Trustee
$2K
Joan Burke
President and Director
First Business Trust & Investment
Trustee
$2K
Source: IRS Form 990-PF, Part VII. Officers, directors, and trustees as reported by the foundation.
Payout rate · TY 2024
6.8%
grants paid ÷ assets · ~5% IRS minimum
'16
'17
'20
'21
'22
'23
'24
256
Total grants awarded
$1.1M
Total amount
$4K
Average grant
$73K
Largest grant
Giving by year
Top recipients
Recipient names are as reported on the 990-PF. ✓ Exact match = EIN matched to IRS records by exact name + state; ≈ likely match = EIN inferred from a closely similar name. The recipient EIN is never stated on the form — it is DoubleNine’s match.
Recent grants · most recent filings first
Source: IRS Form 990-PF, Part XV. Up to 50 most recent grants shown.