Nonprofit · EIN 39-1728908
NORTHWESTERN MUTUAL LIFE FOUNDATION INC
Tax-exempt · MILWAUKEE, WI 53202
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| June 30, 2025 | 990-PF | $8,762,453 | $30,362,736 | -$21,600,283 | $88,333,858 | $0 | $88,333,858 |
| June 30, 2024 | 990-PF | $40,143,095 | $28,831,713 | $11,311,382 | $108,061,247 | $0 | $108,061,247 |
| June 30, 2023 | 990-PF | $7,119,188 | $27,680,152 | -$20,560,964 | $89,532,935 | $0 | $89,532,935 |
Financial details: 990-PF for the year ended June 30, 2025
Revenue
- Contributions, gifts and grants
- $0
- Dividends
- $2,400,590
- Interest
- $306,114
- Net gain from sales of assets
- $6,055,749
Expenses
- Grants and similar amounts paid
- $26,995,662
- Compensation of officers, directors and key employees
- $0
- Disbursements for charitable purposes
- $30,252,446
- Excise tax on investment income
- $120,328
Balance sheet and other
- Total assets, start of year
- $108,061,247
- Total assets, end of year
- $88,333,858
- Total liabilities, end of year
- $0
- Net assets, end of year
- $88,333,858
- Fair market value of assets
- $88,333,858
- Qualifying distributions
- $30,252,446
- Net investment income
- $8,762,453
From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.
Officers, directors and key employees
As listed on the 990-PF for the year ended June 30, 2025, highest compensation first.
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Timothy J Gerend 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Chairman | 0 | $0 |
| Steven M Radke 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | President & Director | 0 | $0 |
| John Thompson 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Secretary | 0 | $0 |
| Ronald Adams 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Audra Brennan 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Grady Crosby 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Joe Mandacina 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Raymond J Manista 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Lynn Teo 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Karen A Molloy 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Treasurer | 0 | $0 |
| Susan Callahan 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Assistant Director | 0 | $0 |
| Scott J Morris 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Secretary | 0 | $0 |
| John E Schlifske 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Chairman & Director | 0 | $0 |
990-PF for the year ended June 30, 2024: 9 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steven M Radke 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | President & Director | 0 | $0 |
| John E Schlifske 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Chairman & Director | 0 | $0 |
| Scott J Morris 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Secretary | 0 | $0 |
| Grady Crosby 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Joe Mandacina 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Raymond J Manista 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Lynn Teo 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Karen A Molloy 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Treasurer | 0 | $0 |
| Timothy J Gerend 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
990-PF for the year ended June 30, 2023: 8 people
| Name | Title | Hours / week | Compensation |
|---|---|---|---|
| Steven M Radke 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | President & Director | 0 | $0 |
| John E Schlifske 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Chairman & Director | 0 | $0 |
| Scott J Morris 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Secretary | 0 | $0 |
| Grady Crosby 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Joe Mandacina 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Raymond J Manista 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Lynn Teo 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Director | 0 | $0 |
| Karen A Molloy 720 E WISCONSIN AVE, MILWAUKEE, WI 53202 | Treasurer | 0 | $0 |
Address and contacts
- Address (IRS master file)
- 720 E WISCONSIN AVE, MILWAUKEE, WI 53202-4703
- In care of
- % ELIZABETH WHITBURN
- Signed the 990-PF
- STEVE RADKE, PRESIDENT
- Phone
- (414) 271-1444
What it must file and when
IRS records say it files Form 990-PF. Private foundations file every year. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | June 30, 2026 | November 16, 2026 | Not due yet |
| 2024 | June 30, 2025 | November 17, 2025 | 990-PF on file |
| 2023 | June 30, 2024 | November 15, 2024 | 990-PF on file |
IRS record
- EIN
- 39-1728908
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Private non-operating foundation
- Donations deductible (Pub 78)
- Private foundation, 30% limit
- Exempt since
- 2015
- Accounting year ends
- June
- Files
- Form 990-PF
- Category (NTEE)
- Education (B82)
- Assets (IRS master file)
- $88,333,858
- Income (IRS master file)
- $2,706,704
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990-PF | June 2025 | $8,762,453 | $30,362,736 | $88,333,858 | IRS |
| 990-PF | June 2024 | $40,143,095 | $28,831,713 | $108,061,247 | XML |
| 990-PF | June 2023 | $7,119,188 | $27,680,152 | $89,532,935 | XML |
| 990-PF | June 2022 | – | – | – | IRS |
| 990-PF | June 2021 | – | – | – | IRS |
990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 39-1728908).
Questions about NORTHWESTERN MUTUAL LIFE FOUNDATION INC
- What is the EIN of NORTHWESTERN MUTUAL LIFE FOUNDATION INC?
- The employer identification number (EIN) of NORTHWESTERN MUTUAL LIFE FOUNDATION INC is 39-1728908.
- Is NORTHWESTERN MUTUAL LIFE FOUNDATION INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2015.
- Are donations to NORTHWESTERN MUTUAL LIFE FOUNDATION INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Private foundation, 30% limit).
- Which annual return does NORTHWESTERN MUTUAL LIFE FOUNDATION INC file?
- Form 990-PF. Private foundations file every year.
- When is the next return of NORTHWESTERN MUTUAL LIFE FOUNDATION INC due?
- The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did NORTHWESTERN MUTUAL LIFE FOUNDATION INC last file with the IRS?
- The latest return in the IRS public files is the 990-PF for the year ended June 2025.
- Who are the officers and directors of NORTHWESTERN MUTUAL LIFE FOUNDATION INC?
- The 990-PF for the year ended June 30, 2025 lists 13 people; 0 received compensation from the organization.
- How much revenue does NORTHWESTERN MUTUAL LIFE FOUNDATION INC have?
- On its 990-PF for the year ended June 30, 2025 it reported revenue of $8,762,453, expenses of $30,362,736 and total assets of $88,333,858 at year end.
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