Nonprofits Seeking Board Members

Wispact Inc

April 9, 2025

By Ellen Heydon

About Wispact Inc

Mission

Enhance the well-being of people of all ages with disabilities across Wisconsin through the management of special needs trusts by promoting more choice and opportunities.

Type of charitable status: 501(c)3

Website: https://www.wispact.org

Address: 1226 Corporate Drive, Madison, WI 53714

Annual budget: $2.6 Million

Number of paid staff in full time equivalents (FTEs): 18

What Wispact is looking for in a board member

Skills desired in a board member:

  • Board governance
  • Financial Management
  • Technology
  • Legal
  • Strategic and business planning

Skills desired in a board member (detail): 

Wispact Inc. is a private nonprofit organization that administers pooled and community Special Needs Trusts for people with disabilities. Based in Madison, Wispact manages the Special Needs Trusts for more than 5,000 people throughout the state of Wisconsin. Wispact has a professionally diverse Board of Directors. Our business model is designed around our Special Needs Master Trust, which allows Wispact to establish trusts to protect an individual’s means-tested benefits while providing prudent financial management to ensure that a trust account holder may purchase goods and services as per the permitted guidelines. Wispact is always in need of Board members with legal and financial experience and accumen. In addition, we have a Board member terming off who is a professional guardian, and another who is a provider of disability support services. So, we are seeking Board members with financial, legal, guardian and/or direct service experience for persons with disabilities.

General board information and time commitments

Number of current board members: 15

Meeting location: Committee meetings are remote/virtual. In-person Board meetings are TBD *usually between Madison and Milwaukee

Regular meeting schedule: End of February; Middle of July; mid-October (Annual) and first week of December

Time expectation (hours/month): 2.5 hours a month

Length of term (# of years): 3 years

Terms allowed (# of terms): 2 terms

Board member giving requirement: No

Committee service requirement: No

Wispact has the following policies:

  • Conflict of interest
  • Non-discrimination
  • Whistle-blower
  • Confidentiality

Does Wispact carry Director’s and Officer’s Insurance? Yes

Does Wispact have a board orientation program? Yes

Interested in learning more about serving on Wispact board? Please fill out the Board Member Candidate Interest Form by clicking here: https://www.lacrosseareafoundation.org/board-member-candidate-interest-form/