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Cegway Foundation Inc. is a private corporation based in CAPTIVA, FL. The foundation received its IRS ruling in 2018. It holds total assets of $9.5M. Annual income is reported at $7.4M. The foundation is governed by 5 officers and trustees. The foundation operates in the area of philanthropy & grantmaking. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2018 to 2023. According to available records, Cegway Foundation Inc. has made 3 grants totaling $686K, with a median grant of $232K. Annual giving has grown from $222K in 2021 to $464K in 2022. Individual grants have ranged from $222K to $232K, with an average award of $229K. Grant recipients are concentrated in Illinois. Contributions to this foundation are tax-deductible.
No program descriptions are available for this foundation. Many private foundations report program activities in their annual 990-PF filings — check the Tax Filings section below for the most recent filing.
Cegway Foundation Inc. primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 3 grants. Its grantmaking reaches organizations primarily in IL.
Cegway Foundation Inc. has distributed a total of $686K across 3 grants. The median grant size is $232K, with an average of $229K. Individual grants have ranged from $222K to $232K.
Cegway Foundation Inc. typically selects its grantees rather than accepting unsolicited proposals.
Cegway Foundation Inc. is headquartered in CAPTIVA, FL.
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| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Gretchen Olwig | DIRECTOR | $0 | $0 | N/A |
| Robert O Wiesemann Ii | PRESIDENT | $0 | $0 | N/A |
| Kathy Wiesemann | SECRETARY | $0 | $0 | N/A |
| Carolyn Hyde | DIRECTOR | $0 | $0 | N/A |
| Ellen Hayon | DIRECTOR | $0 | $0 | N/A |
Total Giving
$15K
Total Assets
$5.2M
Fair Market Value
$6.8M
Net Worth
$5.2M
Grants Paid
N/A
Contributions
$307K
Net Investment Income
$161K
Distribution Amount
$266K
Total: $3M
Total Grants
3
Total Giving
$686K
Average Grant
$229K
Median Grant
$232K
Unique Recipients
1
Most Common Grant
$232K
of 2022 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| St Teresa High SchoolSUSTAIN THE FUTURE | Decatur, IL | $232K | 2022 |
WEST PALM BCH, FL
WEST PALM BCH, FL
POMPANO BEACH, FL