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Wait Family Foundation is a private corporation based in REYNOLDS, IL. The foundation received its IRS ruling in 2016. The principal officer is Lavonne D Wait. It holds total assets of $4.7M. Annual income is reported at $197K. Total assets have grown from $2.6M in 2019 to $4.9M 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 2018 to 2023. Grantmaking is concentrated in Illinois. According to available records, Wait Family Foundation has made 46 grants totaling $773K, with a median grant of $20K. The foundation has distributed between $165K and $410K annually from 2021 to 2023. Grantmaking activity was highest in 2022 with $410K distributed across 24 grants. Individual grants have ranged from $3K to $40K, with an average award of $17K. The foundation has supported 21 unique organizations. Grants have been distributed to organizations in Illinois and Iowa. Contributions to this foundation are tax-deductible.
Smallest Grant
$5K
Median Grant
$20K
Average Grant
$17K
Largest Grant
$40K
Based on 12 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.
Wait Family Foundation primarily funds organizations in the area of philanthropy & grantmaking. Based on available records, the foundation has funded 46 grants. Its grantmaking reaches organizations primarily in IL, IA.
Wait Family Foundation has distributed a total of $773K across 46 grants. The median grant size is $20K, with an average of $17K. Individual grants have ranged from $3K to $40K.
Wait Family Foundation typically selects its grantees rather than accepting unsolicited proposals.
Wait Family Foundation is headquartered in REYNOLDS, IL. While based in IL, the foundation distributes grants to organizations across 2 states.
| Name | Title | Compensation | Benefits | Total |
|---|---|---|---|---|
| Norman E Wait | PRESIDENT | $0 | $0 | N/A |
| Ryan M Denman | DIRECTOR | $0 | $0 | N/A |
| Lavonne D Wait | VICE PRESIDENT | $0 | $0 | N/A |
Total Giving
$166K
Total Assets
$4.9M
Fair Market Value
$4.9M
Net Worth
$4.9M
Grants Paid
$165K
Contributions
N/A
Net Investment Income
$108K
Distribution Amount
$235K
Total Grants
46
Total Giving
$773K
Average Grant
$17K
Median Grant
$20K
Unique Recipients
21
Most Common Grant
$20K
of 2023 grantees were first-time recipients
| Recipient | Location | Amount | Year |
|---|---|---|---|
| Reynolds Volunteer Fire DeptFOR PURCHASE OF EQUIPMENT | Reynolds, IL | $25K | 2023 |
| Reynolds CemeteryFOR OPERATIONAL SUPPORT | Reynolds, IL | $25K | 2023 |
| Rock Island County Historical SocFOR PRESERVATION OF ITEMS OF HISTORICAL INTEREST | Moline, IL | $25K | 2023 |
| Qc Animal Welfare CenterFOR CARE OF HOMELESS ANIMALS | Milan, IL | $20K | 2023 |
| Reynolds United Methodist ChurchFOR OPERATIONAL SUPPORT | Reynolds, IL | $20K | 2023 |
| Mercer County Historical SocietyFOR PRESERVATION OF ITEMS OF HISTORICAL INTEREST | Aledo, IL | $20K | 2023 |
| Hamlet Presbyterian ChurchFOR OPERATIONAL SUPPORT | Reynolds, IL | $5K | 2023 |
| Mercer County Senior CenterFOR OPERATIONAL SUPPORT | Aledo, IL | $5K | 2023 |
| Community Baptist ChurchFOR OPERATIONAL SUPPORT | Andalusia, IL | $5K | 2023 |
| Sherrard High School Tiger ClosetTO PURCHASE FOOD AND CLOTHING FOR AT RISK STUDENTS | Milan, IL | $5K | 2023 |
| Reynolds Methodist Food PantryFOR OPERATIONAL SUPPORT | Reynolds, IL | $5K | 2023 |
| St Patrick ChurchFOR OPERATIONAL SUPPORT | Taylor Ridge, IL | $5K | 2023 |
| Fur-Ever FriendsFOR CARE OF HOMELESS ANIMALS | Aledo, IL | $20K | 2022 |
| Village Of ReynoldsFOR OPERATIONAL SUPPORT | Reynolds, IL | $20K | 2022 |
| Hamlet CemeteryFOR OPERATINAL SUPPORT | Reynolds, IL | $10K | 2022 |
| Rockridge High School Rocket ClosetTO PURCHASE FOOD AND CLOTHING FOR AT RISK STUDENTS | Taylor Ridge, IL | $5K | 2022 |
| Mercer County Food PantryTO PURCHASE FOOD AND CLOTHING | Aledo, IL | $5K | 2022 |
| Andalusia Volunteer AmbulanceFOR OPERATIONAL SUPPORT | Andalusia, IL | $25K | 2021 |
| Niabi ZooFOR ANIMAL EXHIBIT MAINTENANCE AND EXPANSION | Illinois City, IL | $25K | 2021 |
| Quad City PawsFOR CARE OF HOMELESS ANIMALS | Rock Island, IL | $20K | 2021 |
| Atoot IncFOR SUPPORT OF HUMAN SERVICES WITHIN QUAD CITIES | Davenport, IA | $3K | 2021 |