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Bradley Impact Fund

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The Bradley Impact Fund is a donor-advised fund "aligned with" the Lynde and Harry Bradley Foundation that gives grants to right-wing and conservative organizations identified by the Bradley Foundation.[1] The Bradley Foundation is "a cornerstone for the conservative movement in Wisconsin and across America," according to the Milwaukee Journal Sentinel.[2]

The Bradley Impact Fund is organized as a 501(c)(3) nonprofit and describes its mission as "To provide funding to organizations that research public policy and educate the public on policy issues."[3] Gabe Conger, a Heritage Foundation alumni, was announced as the incoming President of the Bradley Impact Fund. Conger succeeded Jessica Dean, who is now the senior vice president for development.[4]

Like DonorsTrust and Donors Capital Fund (DT and DCF), the Bradley Impact Fund is a "donor-advised fund," which means that the fund creates separate accounts for individual donors, and the donors then recommend disbursements from the accounts to different non-profits. They cloak the identity of the original mystery donors because the funds are then distributed in the name of the fund, contributing another step to what in the case of DT and DCF has been called a "murky money maze."[5]

Funding

2015 Grants Given

List of grants reported for 215:[6]

2014 Grants Given

List of grants reported for 2014:[7]

2013 Grants Given

List of grants reported for 2013:[8]

Core Finances

2015[6]

  • Total Revenue: $4,136,052
  • Total Expenses: $2,889,715
  • Net Assets: $4,049,889

2014[7]

  • Total Revenues: $2,667,223
  • Total Expenses: $2,589,971
  • Net Assets: $2,906,836


2013[8]

  • Total Revenues: $4,806,952
  • Total Expenses: $2,082,910
  • Net Assets: $2,838,850


2012[3]

  • Total Revenues: $155,000
  • Total Expenses: $41,196 (no grants made)
  • Net Assets: $113,804

History

Founded in February 2012,[3] the Bradley Impact Fund was developed by Robert E. Norton, then vice president for external relations at the Bradley Foundation.[9] According to the Philanthropy Roundtable's Philanthropy Magazine, the Bradley Foundation "established the Bradley Impact Fund to encourage other donors to fund ­Bradley grantees."[10]

Personnel

As of Feburary 2019:[1]

Board of Directors

  • Michael W. Grebe, Chairman of the Board
  • Curt S. Culver
  • Stephen Einhorn
  • Diane Hendricks Board member of Lynde and Harry Bradley Foundation, former head of ABC Supply.[11]
  • Michael L. Keiser Co-founder of Recycled Paper Greetings and golf course developer.[12]
  • James Arthur Pope
  • Phillip Prange
  • Sylvie Légère Ricketts
  • Gabe Conger, President
  • Richard W. Graber, Vice President
  • Jason Kohout, Secretary
  • Jessica F. Dean, Senior Vice President for Development
  • Kala J. Hill, Manager of Development Operations

Former Board Members

  • David Uihlein, Chair; Vice Chair of Lynde and Harry Bradley Foundation[11] (Uihlein's family's foundation), President of Uihlein Wilson Architects.[13]
  • Stephen Einhorn, Director; manages Capital Midwest Fund, a Wisconsin venture capital fund, and runs Einhorn & Associates, a Wisconsin-based mergers and acquisitions firm. In 2012 Einhorn and his wife, Nancy Einhorn, "paid for dozens of anonymous billboards in and around Milwaukee and two Ohio cities warning residents of the penalties for committing voter fraud," according to the Milwaukee Journal Sentinel.[14]
  • Dennis Kuester, Director; Chair of Lynde and Harry Bradley Foundation,[11] former CEO of Marshall & Ilsley (M&I) Corp.[15]
  • George Mosher, Treasurer; Founder of National Business Furniture[16]

Staff

As of February 2019:[17]

  • Michael W. Grebe, Chair of the Board; President and CEO of Lynde and Harry Bradley Foundation.[11]
  • Jason Kohout, Secretary
  • Jessica F. Dean, Senior Vice President for Development
  • Kala J. Hill, Manager of Development Operations
  • Richard W. Graber, Vice President
  • Gabe Conger, President

Former Staff

  • Karen Pacioni, Donor Relations Adviser
  • Cynthia Friauf, Finance Adviser

Contact

Bradley Impact Fund
1249 North Franklin Place
Milwaukee, WI 53202
Phone: 1-855-299-3863

Address for donations:
Wells Fargo Philanthropic Services
Attn: Grant Administration MAC: D4000-062
One West Fourth Street, 2nd Floor
Winston-Salem, NC 27101

References

  1. 1.0 1.1 Bradley Impact Fund, "About," organizational website, accessed August 2015.
  2. Daniel Bice, Bill Glauber and Ben Poston, "From local roots, Bradley Foundation builds conservative empire," Milwaukee Journal Sentinel, November 19, 2011.
  3. 3.0 3.1 3.2 Bradley Impact Fund, 2012 IRS Form 990," organizational tax filing, May 3, 2013.
  4. Lauren Anderson Bradley Impact Fund names new president Biztimes Feb 5, 2019
  5. John Mashey, Fake science, fakexperts, funny finances, free of tax 2, DeSmog Blog report, updated October 23, 2012, p. 19.
  6. 6.0 6.1 Bradley Impact Fund, 2015 IRS Form 990, Internal Revenue Service, April 19, 2016.
  7. 7.0 7.1 Bradley Impact Fund, 2014 IRS Form 990," organizational tax filing, May 19, 2015.
  8. 8.0 8.1 Bradley Impact Fund, 2013 IRS Form 990," organizational tax filing, May 14, 2014.
  9. Hillsdale College, "Robert E. Norton Named General Counsel of Hillsdale College," press release, August 15, 2014.
  10. Adam Meyerson, "President’s Note," Philanthropy Magazine, Spring 2015.
  11. 11.0 11.1 11.2 11.3 Lynde and Harry Bradley Foundation, "Board of Directors," organizational website, accessed August 2015.
  12. Gary D'Amato, "Golf course visionary plans resort near Wisconsin Rapids," Milwaukee Journal Sentinel, November 20, 2013.
  13. Rich Kirchen, "Bradley heir Uihlein proposes arena at Panther Arena, Milwaukee Theatre site," Milwaukee Business Journal, September 24, 2014
  14. Daniel Bice, "Venture capitalist Einhorn paid for voter fraud billboards," Milwaukee Journal Sentinel, October 19, 2012.
  15. Paul Gores, "M&I reports smaller loss; Kuester retires as chairman," Milwaukee Journal Sentinel, October 20, 2010.
  16. Kathleen Gallegher, "Pair launches new venture capital fund," Milwaukee Journal Sentinel, June 24, 2012.
  17. Bradley Impact Fund Bradley Impact Fund Leadership organizational website, accessed Febuary 2019