Wispact Launches Wispact Foundation Endowment Fund

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May 1, 2021 – Wispact, a manager of Special Needs Trusts, has established a new Wispact Foundation Endowment Fund. The new foundation represents a legacy of service through the administrative efforts of Wispact managed by the Greater Milwaukee Foundation.

Wispact has placed $3.2M at the Greater Milwaukee Foundation and hopes to distribute $100K in charitable grants in the 2021 grant cycle.
Eric DeGroot, Foundation Director, said, “The Foundation will be expanding the use of Wispact’s charitable Retained Fund to a much wider audience across the state of Wisconsin.” DeGroot, who was Wispact Associate Executive Director, has been promoted to lead the work of the new Foundation.

Wispact Inc. Foundation provides charitable grants to non-profit organizations providing services to persons with disabilities. To be eligible for a grant, an organization must be a 501(c)(3) tax-exempt nonprofit organization, in good standing. The grant funds must be used for the benefit of individuals with disabilities who have a designation of Beneficiary.

Consideration for grants will be given, but not limited, to proposals addressing needs in the following areas:
Housing: programs designed to improve the day-to-day living conditions, for persons with disabilities, through the provision of safe living environments and enhancing the accessibility to such environments.

  • Assistive Devices: Any device that is designed, made, or adapted to assist a person to perform a particular task. Examples include canes, crutches, walkers, wheel chairs, and shower chairs.
  • Education/Recreation: Inclusive educational programming including, but not limited to, workshops, summer camps, art classes; and educational equipment such as computers, software, projection equipment, art supplies, etc. which will promote fulfillment and edification for persons with disabilities.
  • Expansion of current services in place
  • Transportation

Kevin Hayde, Executive Director of Wispact, said, “During the past year, we were able to provide more than 6,000 individual Retained Fund grants totaling more than $4 million directly to our Beneficiaries. This new Foundation greatly enhances the work of our Retained Fund and expands Wispact’s mission is to improve the lives of people of all ages with disabilities across Wisconsin.”

The Wispact Inc. Foundation endeavors to make lasting community impacts through grants to organizations that serve persons with disabilities. The Wispact Inc. Foundation was established in 2021 in recognition of our dedication to provide a broader scope of service and create more opportunities for improving the lives of persons with disabilities across Wisconsin.

Media enquiries: Eric DeGroot, Wispact Foundation Director, Phone: 608-268-6006 Ext. 202