Bucyrus Foundation awards $1 million to UPAF

The United Performing Arts Fund received the largest sustaining gift in its history last month with a $1 million gift from the Bucyrus Foundation.

The Bucyrus Foundation, a donor-advised fund of the Greater Milwaukee Foundation, plans to distribute the donation to the nonprofit organization in $100,000 increments over the next decade.

During the 2014 UPAF Campaign, the donation will be used in the Bucyrus Foundation Leadership Challenge to match new leadership gifts of $1,000 or more and existing leadership gifts that jump at least 10 percent over last year. Funds will be matched up to $100,000.

The Leadership Challenge, launched in 2013 with a separate $100,000 gift from the Bucyrus Foundation, encourages UPAF donors to up their gift by one giving level.

“It is important that we protect the world-class performing arts community we’re so fortunate to have in southeastern Wisconsin,” said Tim Sullivan, president of the Bucyrus Foundation. “We are proud to have a longstanding commitment to UPAF, an organization that is integral to ensuring these valuable assets thrive today and for generations to come.”

In nearly 20 years, the Bucyrus Foundation has contributed more than $2.5 million to UPAF, according to a release from the nonprofit.

Deanna Tillisch, president and chief executive officer of UPAF, called the foundation, “a true partner to UPAF.”

“This generous multi-year gift will help grow our campaign not only in 2014 but over the next decade,” Tillisch said. “We are extremely grateful for Bucyrus Foundation’s long-term dedication to the mission of UPAF.”

Sign up for BizTimes Daily Alerts

Stay up-to-date on the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin

No posts to display