Since 1982, the Wisconsin Energy Foundation has contributed financial support for the activities of nonprofit, tax-exempt organizations in communities that are served by Wisconsin Energy Corporation and its subsidiaries. The foundation is funded by Wisconsin Energy shareholders.
Our mission is to create brighter futures for the communities in which we do business, enhancing the growth and success of our company.
The Foundation strives to achieve maximum community benefit and business value per dollar invested.
The Wisconsin Energy Foundation, established in November 1982 as a separate, nonprofit, tax-exempt corporation, has invested more than $125 million in communities in Wisconsin and Michigan over the past 25-plus years.
Funding for initiatives supported by the Wisconsin Energy Foundation is derived from the shareholder portion of earnings and dividends paid by Wisconsin Energy Corporation Grants do not affect the profitability of Wisconsin Energy Corporation nor are they reflected in the prices customers pay for services from the utility subsidiaries of Wisconsin Energy.
The Foundation issued grants to 816 organizations in 2012, totaling more than $7.7 million.
In 2012, the employee matching gift program directed more than $1 million to non-profit arts/cultural organizations and educational institutions.
The Foundation asset base as of Dec. 31, 2012, was $34.4 million.