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Lyman & Wilma Wakefield Family Foundation Cmm-78022101 is a private association based in GLENCOE, MN. The foundation received its IRS ruling in 2002. The principal officer is Bank Of America Ne Ttee. It holds total assets of $465K. Annual income is reported at $184K. Total assets have decreased from $591K in 2011 to $451K in 2023. The foundation is governed by 3 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 2016 to 2023. The foundation primarily funds organizations in Minnesota and Virginia. According to available records, Lyman & Wilma Wakefield Family Foundation Cmm-78022101 has made 47 grants totaling $170K, with a median grant of $3K. The foundation has distributed between $41K and $88K annually from 2020 to 2023. Grantmaking activity was highest in 2022 with $88K distributed across 24 grants. Individual grants have ranged from $500 to $13K, with an average award of $4K. The foundation has supported 18 unique organizations. Grants have been distributed to organizations in Minnesota and Virginia and Pennsylvania. Contributions to this foundation are tax-deductible.
Smallest Grant
$2K
Median Grant
$4K
Average Grant
$5K
Largest Grant
$13K
Based on 9 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.
Lyman & Wilma Wakefield Family Foundation Cmm-78022101 primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 47 grants. Its grantmaking reaches organizations primarily in MN, VA, PA.
Lyman & Wilma Wakefield Family Foundation Cmm-78022101 has distributed a total of $170K across 47 grants. The median grant size is $3K, with an average of $4K. Individual grants have ranged from $500 to $13K.
Lyman & Wilma Wakefield Family Foundation Cmm-78022101 typically selects its grantees rather than accepting unsolicited proposals.
Lyman & Wilma Wakefield Family Foundation Cmm-78022101 is headquartered in GLENCOE, MN. While based in MN, the foundation distributes grants to organizations across 3 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Security Bank Trust Co | TRUSTEE | $4K | $0 | $4K |
| Sonny F Miller | CO-TRUSTEE | $2K | $0 | $2K |
| Gerald P Brost | CO-TRUSTEE | $0 | $0 | N/A |
Total Giving
$48K
Total Assets
$451K
Fair Market Value
$784K
Net Worth
$451K
Grants Paid
$41K
Contributions
N/A
Net Investment Income
$35K
Distribution Amount
$37K
Total: $432K
Total Grants
47
Total Giving
$170K
Average Grant
$4K
Median Grant
$3K
Unique Recipients
18
Most Common Grant
$4K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Guild IncorporatedUNRESTRICTED GENERAL SUPPORT | Saint Paul, MN | $7K | 2023 |
| Animal Humane Society$1,000 HORSE RESCUE AND $4,000 GENERAL SUPPORT | Golden Valley, MN | $5K | 2023 |
| Polk County Historical SocietyUNRESTRICTED GENERAL SUPPORT | Crookston, MN | $4K | 2023 |
| Polk County K9 AssociationUNRESTRICTED GENERAL SUPPORT | Crookston, MN | $4K | 2023 |
| Abbott Northwestern Hospital FoundationJACKIE AND TIM OVEROM BREAST CANCER EMERGENCY ASSISTANCE FUND | Minneapolis, MN | $4K | 2023 |
| Hoofbeats Therapeutic Riding Center IncUNRESTRICTED GENERAL SUPPORT | Lexington, VA | $3K | 2023 |
| Southwest Virginia Dressage AssociationUNRESTRICTED GENERAL SUPPORT | Woolwine, VA | $3K | 2023 |
| Blake SchoolUNRESTRICTED GENERAL SUPPORT | Hopkins, MN | $2K | 2023 |
| Hazelden Betty Ford FoundationUNRESTRICTED GENERAL SUPPORT | Center City, MN | $2K | 2023 |
| 8 To A LampUNRESTRICTED GENERAL SUPPORT | Chanhassen, MN | $2K | 2023 |
| Glasgow Volunteer Fire DepartmentUNRESTRICTED GENERAL SUPPORT | Glasgow, VA | $2K | 2023 |
| Always B SmilingUNRESTRICTED GENERAL SUPPORT | Bridgeville, PA | $1K | 2023 |
| Ride With PrideUNRESTRICTED GENERAL SUPPORT | Staunton, VA | $1K | 2023 |
| Friends Of The Chessie TrailUNRESTRICTED GENERAL SUPPORT | Lexington, VA | $500 | 2023 |
| Orono Foundation For Education$10,000 PERSONAL ACADEMIC FUND AND $2,500 BULLYING PROGRAM FUND | Maple Plain, MN | $13K | 2022 |
| Cats UnlimitedURESTRICTED GENERAL SUPPORT | Lexington, VA | $5K | 2020 |
| Rockbridge Area Health CenterUNRESTRICTED GENERAL SUPPORT | Lexington, VA | $3K | 2020 |
| The Arc Greater Twin CitiesUNRESTRICTED GENERAL SUPPORT | St Paul, MN | $3K | 2020 |