U S Bancorp Foundation
Only null% goes to programs Strong reserves Growing revenue
U S Bancorp Foundation is a 501(c)(3) organization based in Milwaukee, Wisconsin, registered in 1979, with $54,255,321 in FY2024 revenue. CharityIndex grades it D.
Po Box 634, Milwaukee, WI, 53201 EIN 41-1359579 Since 1979
Revenue (FY2024)
$54.3M
▼ 67.2% vs prior year
Philanthropy median: $168K
Expenses (FY2024)
$69.0M
Net assets
$138.2M
Employees
—
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
D
—Program efficiency40% of the ratingNo expense breakdown in filings
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. Not scored for U S Bancorp Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
DFinancial health25% of the rating24 mo reserves · -27% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For U S Bancorp Foundation: 24 mo reserves · -27% margin earns a D on this criterion. See the exact thresholds →
—Governance25% of the ratingNot reported in this filing type
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. Not scored for U S Bancorp Foundation— this filing type doesn't report it, and the rating simply skips it (never counts it against the organization). See the exact thresholds →
CTransparency10% of the rating2 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For U S Bancorp Foundation: 2 of 5 disclosure signals earns a C on this criterion. See the exact thresholds →
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Contact & location
- Address
- Po Box 634, Milwaukee, WI, 53201
- City
- Milwaukee
- State
- Wisconsin
- Subcategory
- Private Foundations
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $9.2M (FY2020) to $54.3M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $0Net assets $138.2M
Operating margin
-27.2%
Spent more than it raised in the latest fiscal year.
Total assets
$138.2M
Total liabilities
$0
Net assets
$138.2M
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $54,255,321▼67.2% | $69,028,763▲52.7% | $138,162,953▼9.3% | $138,162,953▼15.0% | 990PF |
| 2023 | $165,636,274▲29090% | $45,206,993▲33.1% | $152,394,104▲507% | $162,530,488▲398% | 990PF |
| 2022 | $567,434▼91.8% | $33,953,246▲2.3% | $25,116,729▼56.7% | $32,663,028▼52.2% | 990PF |
| 2021 | $6,892,078▼24.9% | $33,174,621▼15.0% | $57,962,961▼30.9% | $68,350,907▼25.4% | 990PF |
| 2020 | $9,177,698 | $39,046,474 | $83,831,671 | $91,563,873 | 990PF |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Revathi Dominski — $499,921 (0.72% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Revathi Dominski | Chair & President | 10 | $499,921 |
| Ankit Bhat | Director | 2 | — |
| Arijit Roy | Director | 2 | — |
| Beth Lawler | Director | 2 | — |
| Carl Jordan | Director | 2 | — |
| Elcio R Barcelos | Director | 2 | — |
| Gregory G Cunningham | Director | 2 | — |
| Hassan A Salem | Director | 2 | — |
| James Chosy | Secretary | 2 | — |
| Terrance Dolan | Treasurer | 2 | — |
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Frequently asked questions
- Is U S Bancorp Foundation a legitimate nonprofit?
- Yes. U S Bancorp Foundation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 41-1359579, based in Milwaukee, Wisconsin. Donations are tax-deductible.
- What is U S Bancorp Foundation's EIN?
- U S Bancorp Foundation's Employer Identification Number (EIN) is 41-1359579.
- How much revenue does U S Bancorp Foundation report?
- U S Bancorp Foundation reported $54,255,321 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- What financial grade does U S Bancorp Foundation have?
- CharityIndex grades U S Bancorp Foundation D, based on financial health (reserves and operating margin).
- How much does U S Bancorp Foundation's highest-paid employee make?
- The highest reported compensation on U S Bancorp Foundation's latest Form 990 is $499,921, paid to Revathi Dominski (Chair & President).
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Data for U S Bancorp Foundation (EIN 41-1359579) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.