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Discoverers Fund Inc. is a private corporation based in EAU CLAIRE, WI. The foundation received its IRS ruling in 1958. It holds total assets of $1.1M. Annual income is reported at $345K. The foundation is governed by 3 officers and trustees. According to its most recent filing, the foundation only makes contributions to preselected charitable organizations. Tax records are available from 2016 to 2023. The foundation primarily funds organizations in Wisconsin, New York and North Carolina. According to available records, Discoverers Fund Inc. has made 14 grants totaling $220K, with a median grant of $15K. The foundation has distributed between $65K and $80K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $80K distributed across 5 grants. Individual grants have ranged from $10K to $25K, with an average award of $16K. The foundation has supported 7 unique organizations. The foundation primarily supports organizations in Wisconsin, Florida, New York, which account for 86% of all grants. Grantmaking reaches organizations across 4 states. Contributions to this foundation are tax-deductible.
Smallest Grant
$1K
Median Grant
$9K
Average Grant
$9K
Largest Grant
$20K
Based on 8 grants from the most recent 990-PF filing.
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.
Discoverers Fund Inc. is a private foundation that provides grants to eligible organizations. Based on available records, the foundation has funded 14 grants. Its grantmaking reaches organizations primarily in WI, FL, NY.
Discoverers Fund Inc. has distributed a total of $220K across 14 grants. The median grant size is $15K, with an average of $16K. Individual grants have ranged from $10K to $25K.
Discoverers Fund Inc. typically selects its grantees rather than accepting unsolicited proposals.
Discoverers Fund Inc. is headquartered in EAU CLAIRE, WI. While based in WI, the foundation distributes grants to organizations across 4 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Charles Firari | SECRETARY AND DIRECTOR | $0 | $0 | N/A |
| David Bergstedt | DIRECTOR | $0 | $0 | N/A |
| Scott Firari | PRESIDENT AND DIRECTOR | $0 | $0 | N/A |
Total Giving
$81K
Total Assets
$1M
Fair Market Value
$1M
Net Worth
$1M
Grants Paid
$65K
Contributions
N/A
Net Investment Income
$19K
Distribution Amount
$52K
Total: $957K
Total Grants
14
Total Giving
$220K
Average Grant
$16K
Median Grant
$15K
Unique Recipients
7
Most Common Grant
$15K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Grace Baptist ChurchGENERAL SUPPORT | Chippewa Falls, WI | $20K | 2023 |
| Hope Gospel MissionGENERAL SUPPORT | Eau Claire, WI | $15K | 2023 |
| Wounded Warrior ProjectGENERAL SUPPORT | Jacksonville, FL | $15K | 2023 |
| Stephen Siller Tunnel To Towers FoundationGENERAL SUPPORT | Staten Island, NY | $15K | 2023 |
| The Independence Fund IncGENERAL SUPPORT | Charlotte, NC | $15K | 2022 |
| Tunnel To Towers FoundationThe Tunnel to Towers Foundation honors the sacrifice of firefighter Stephen Siller; and to honor our military and first responders who continue to make the supreme sacrifice of life and limb for our country. | Staten Island, NY | $15K | 2021 |
| Independence FundThe Independence Fund is committed to empowering our nations catastrophically wounded, injured, or ill Veterans to overcome physical, mental, and emotional wounds incurred in the line of duty. They are dedicated to improving the lives of both our Veterans and their families. Through their Mobility, Caregiver, Adaptive Sports, Advocacy, and Family programs, The Independence Fund strives to bridge the gap of unmet needs for Veterans and their caregivers. | Charlote, NC | $15K | 2021 |