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Tim And Karla Feltes Family Foundation is a private corporation based in WHEATON, IL. The foundation received its IRS ruling in 2007. It holds total assets of $2.1M. Annual income is reported at $607K. Total assets have decreased from $2.6M in 2011 to $2M in 2023. 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 2016 to 2023. The foundation primarily funds organizations in Illinois and Kentucky. According to available records, Tim And Karla Feltes Family Foundation has made 15 grants totaling $461K, with a median grant of $10K. The foundation has distributed between $98K and $138K annually from 2020 to 2023. Grantmaking activity was highest in 2021 with $138K distributed across 4 grants. Individual grants have ranged from $3K to $90K, with an average award of $31K. The foundation has supported 5 unique organizations. Grants have been distributed to organizations in Illinois and Kentucky. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$10K
Average Grant
$28K
Largest Grant
$85K
Based on 4 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.
Tim And Karla Feltes Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 15 grants. Its grantmaking reaches organizations primarily in IL, KY.
Tim And Karla Feltes Family Foundation has distributed a total of $461K across 15 grants. The median grant size is $10K, with an average of $31K. Individual grants have ranged from $3K to $90K.
Tim And Karla Feltes Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Tim And Karla Feltes Family Foundation is headquartered in WHEATON, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Timothy Feltes | DIRECTOR/PRESIDENT/SECRETA | $0 | $0 | N/A |
| Karla Feltes | DIRECTOR/TREASURER | $0 | $0 | N/A |
| Barbara Wisdom | DIRECTOR | $0 | $0 | N/A |
| Kevin J Cooper | DIRECTOR | $0 | $0 | N/A |
| Anna-Kathryn M Cooper | DIRECTOR | $0 | $0 | N/A |
Total Giving
$142K
Total Assets
$2M
Fair Market Value
$2.3M
Net Worth
$2M
Grants Paid
$115K
Contributions
N/A
Net Investment Income
$46K
Distribution Amount
$119K
Total: $1.8M
Total Grants
15
Total Giving
$461K
Average Grant
$31K
Median Grant
$10K
Unique Recipients
5
Most Common Grant
$10K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Outreach Community MinistriesHEALTH/WELFARE | Carol Stream, IL | $90K | 2023 |
| Go MinistriesHEALTH/WELFARE | Louisville, KY | $15K | 2023 |
| First Love International MinistriesHEALTH/WELFARE | Loves Park, IL | $10K | 2023 |
| Caring Network NfpHEALTH/WELFARE | Glen Ellyn, IL | $38K | 2022 |
| Care Net Pregnancy Services Of Dupage County IncHEALTH/WELFARE | Glen Ellyn, IL | $38K | 2021 |